Gander Gold Stock Price, News & Analysis

Gander Gold Corporation has provided an update regarding its Cape Ray II Project in Newfoundland, where nearly 4,500 soil samples and geophysical surveys have identified three significant gold zones: Doughball Jog, Sou'wester, and Cabot. The Doughball Jog zone, covering approximately 30 sq. km, is promising for high-grade gold due to its geological features. The Sou'wester Zone has revealed high concentrations of gold over a 7-km trend. Notably, the Cabot Zone yielded the highest gold-in-soil result to date at 667.9 ppb. Gander Gold expects its first drilling season in 2023 to further excite shareholders, as gold prices are near all-time highs. The company continues to explore various opportunities within its eight projects in Newfoundland.

Gander Gold Corp. (CSE:GAND) has reported significant findings from its BLT Project in Newfoundland, specifically from the newly identified Islander Zone, which measures 1,400 m x 400 m based on 845 soil samples. The best result yielded an impressive 5.94 g/t Au, the highest among Gander's eight projects in Newfoundland over the past two years. The presence of high arsenic levels correlating with gold suggests the potential for gold mineralization. As the field season commences in May, the company anticipates its first-ever diamond drilling in 2023. Gander Gold is also preparing for participation in the Central MinEx Mineral Industry Showcase on April 26-28. The exploration results reflect promising potential across multiple project areas, with further updates expected.

Gander Gold Corp. (CSE:GAND, OTCQB:GANDF) has announced significant gold-in-soil results from the Mount Peyton Project in Newfoundland, particularly from the newly identified Goldenrod Zone. This area, located 12 km from Sokoman Minerals' Moosehead Project, has shown remarkable gold concentrations, with soil samples yielding grades as high as 1,583 ppb Au and 1,014 ppb Au.

Gander has taken around 4,020 soil samples from Goldenrod, revealing a widespread presence of gold, with 67 samples exceeding the 99th percentile. The Mount Peyton project will commence its field season in May, with plans for diamond drilling. Positive correlations with arsenic, a key indicator, and the potential for orogenic gold formations enhance the project's attractiveness. Gander Gold remains optimistic about advancing exploration efforts and uncovering a new high-grade discovery.

Gander Gold Corp. (CSE:GAND)(OTCQB:GANDF) has identified multiple high-priority gold targets for drilling at its 485 sq. km Gander North Project, which spans a 25-km-long trend in Newfoundland. The 2023 field season kicks off in May, following comprehensive exploration efforts since 2021, including airborne geophysical surveys and the collection of over 12,000 soil samples. A significant finding includes 1,432 ppb gold in soil samples, indicating a potential new gold trend. Gander Gold holds a combined ownership of 50.2% between Sassy Gold and Eric Sprott. Upcoming weeks will see updates on additional properties like Mount Peyton and Cape Ray. The company aims to proceed to diamond drilling based on the promising targets identified.

Gander Gold Corporation (CSE:GAND, OTCQB:GANDF) has successfully closed an over-subscribed non-brokered private placement, raising $3,999,962.33. The financing includes 5,066,925 common shares at $0.27 per share, 4,833,442 flow-through shares at $0.31, and 2,982,962 charitable flow-through shares at $0.38. The proceeds will fund ongoing exploration in Newfoundland. Finder's fees amounted to $228,542.42, and the issued securities are subject to a four-month hold period.

Gander Gold Corporation (CSE:GAND, OTCQB:GANDF) has announced a non-brokered private placement to raise up to $3,210,000 for its exploration projects in Newfoundland, subject to regulatory approval. The placement includes up to 4,000,000 common shares at $0.27 each and flow-through shares priced at $0.31 and $0.38. Proceeds will fund ongoing exploration at the Gander North and Mount Peyton projects and support general working capital. Gander Gold maintains a favorable share structure with no warrants.

Gander Gold Corporation (CSE:GAND, OTCQB:GANDF) announced the identification of several high-grade gold target areas at its Mount Peyton Project in Newfoundland. The project now features the highest gold-in-soil results to date, with values reaching 663 ppb Au in an area 12 km east of Sokoman's Moosehead discovery. A total of 9,556 soil samples have been collected, highlighting 14 target areas. The company aims to further explore potential drill targets, with results from 812 pending soil samples. Gander Gold's strategic position in the region is noteworthy for future gold exploration.

Gander Gold Corp. has officially commenced trading on the OTCQB marketplace under the symbol GANDF and achieved DTC full-service eligibility. This advancement enhances trading accessibility for U.S.-based investors, allowing them real-time quotes and seamless trading parallels to Canadian investors. CEO Mark Scott highlighted this as a significant milestone, reflecting Gander's commitment to growth and investor engagement. The company focuses on exploration in Newfoundland with a vast land package, covering 2,263 km² across eight projects, showing promising discovery potential.