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Golden Dawn Minerals (GDMRD) has issued 856,055 common shares at a deemed price of 15 cents to eliminate debts totaling $128,408.42. This move follows a previous announcement made on January 20, 2021. The shares will have a hold expiry date of June 26, 2021. The company is also considering plans for a potential consolidation of its shares, though there are risks involved, including the possibility of not securing further capital.
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Golden Dawn Minerals has completed its 2020 trenching program at the Golden Crown property in southeastern British Columbia. The trenching focused on the JD and Golden Crown areas, confirming zones of mineralization, with assays pending. Up to three parallel sulphide-quartz zones were exposed at Golden Crown. The company is now preparing for drilling in the new year after identifying drill targets in both areas. Historical records referenced require further verification.
Golden Dawn Minerals (GDMRD) announced the commencement of its 2020 exploration program at the Golden Crown property in southeastern British Columbia. The initiative includes approximately 2,000 metres of trenching aimed at extending the known deposit and discovering new gold zones. The current resources are estimated at 163,000 tonnes grading 11.09 g/t gold. The project lies near the Greenwood Processing Plant, with permits in place for operations. Historical assays at the JD area returned values up to 5.87 g/t gold over 4 metres, indicating potential for further discovery.