Relevant Gold Stock Price, News & Analysis

Relevant Gold Corp. (OTCQB:RGCCF) has initiated its first-ever drill campaign at the Apex Target within the Bradley Peak Gold Camp in Wyoming. The program encompasses 5,000 meters of HQ-sized diamond drilling across a >2.5 kilometer Apex shear structure.

The campaign will include 15-25 drill holes ranging from 150 to 500 meters in depth, targeting a zone that previously yielded surface samples of up to 46.8 g/t Au, 7.8% Cu, and 2% Zn. EVOLVE Exploration has been selected as the drilling contractor, with project completion expected in fall 2025.

Additionally, the company granted 3,400,000 options to directors, officers, employees, and consultants, exercisable at CAD $0.34 per share until June 26, 2030.

Relevant Gold Corp. (RGCCF) has received state and federal permits for a fully-funded 5,000-meter drill program at the Apex target within the Bradley Peak Gold Camp in Wyoming. This marks the first-ever drilling at Apex, targeting high-grade gold and copper mineralization along a 2.5km shear zone. Previous surface sampling revealed impressive results including 46.8 g/t Au, 7.8% Cu, and 2% Zn. The company has initiated site preparations with drilling to commence soon. The program is supported by Kinross as a strategic partner and will test multiple targets within a 200m-wide inflection zone. The geological structure shows similarities to Canada's Abitibi Gold Belt, which has produced 250 million ounces of gold. The company also plans to conduct advanced geophysical surveys and continue systematic surface exploration across the property.

Relevant Gold Corp (TSXV:RGC)(OTCQB:RGCCF) has completed the second tranche of its upsized non-brokered private placement, raising total gross proceeds of $8.53 million. The second tranche consisted of 23,527,333 common shares at $0.30 per share, generating $7.06 million.

Strategic investors Kinross Gold and William G. Bollinger have each secured a 19.9% stake in the company. Kinross purchased 15,410,000 shares while Bollinger acquired 8,070,000 shares. Both investors received rights agreements granting them participation rights, information rights, and board nomination privileges.

The proceeds will fund exploration activities at the company's Wyoming projects and general working capital. All securities issued have a four-month Canadian restricted resale period expiring July 14, 2025.

Relevant Gold Corp (TSXV:RGC)(OTCQB:RGCCF) has increased its non-brokered private placement to $8.5 million, issuing 28,447,333 common shares at $0.30 per share. The first tranche of 4,920,000 shares ($1,476,000) closed on February 28, 2025, with a 6% finder's fee of $9,900.

Strategic investors Kinross Gold and William G. Bollinger have each agreed to purchase shares in the second tranche, which will give them each a 19.9% stake in the company. Kinross will acquire 15,410,000 shares and Bollinger 8,070,000 shares.

The proceeds will fund exploration activities at the company's Wyoming projects and general working capital. Both investors will receive participation rights, information rights, and board nomination rights through investor rights agreements.

Relevant Gold Corp (TSXV:RGC)(OTCQB:RGCCF) has increased its previously announced non-brokered private placement to raise $7 million through the issuance of 23,333,333 shares at $0.30 per share. The proceeds will fund exploration activities at the company's projects in Wyoming, USA, and general working capital.

The private placement may include participation from company directors and officers, qualifying as a 'related party transaction' under MI 61-101, but exempt from formal valuation and minority shareholder approval requirements. The company may pay finder's fees, and the placement requires TSX Venture Exchange approval. Securities issued will have a four-month hold period, with closing anticipated in late February 2025.

Relevant Gold Corp (TSXV:RGC)(OTCQB:RGCCF) has announced a non-brokered private placement to raise $5 million through the sale of 16,666,667 shares at $0.30 per share. The placement is led by two strategic investors: Kinross Gold , which will increase its stake to 19.9% from current 9.9%, and William G. Bollinger, who will increase his position to 19.9% from 16.7%.

The proceeds will fund exploration activities at the Company's projects in Wyoming, USA, and general working capital. The company plans to launch a major drill program in 2025 following promising exploratory results from the previous year. The private placement is expected to close in late February 2025, subject to regulatory approvals, with securities subject to a four-month hold period.

Relevant Gold Corp. (RGCCF) had a transformative 2024 marked by strategic investments and technical achievements. Key highlights include Kinross Gold's acquisition of a 9.9% interest and William Bollinger increasing his position to 16.67%. The company identified a ~200 km belt-scale feature connecting its projects and discovered a 100 km² anomaly at Bradley Peak.

The Apex Zone at Bradley Peak showed promising results with rock chip samples of 46.8 g/t Au, 7.8% Cu, and 2% Zn. Drilling at Lewiston revealed a large orogenic gold system, with 16 of 17 drill holes intersecting gold mineralization, including results of 2.2 g/t Au over 1.5m.

For 2025, the company plans to initiate a 5,000m drilling program at the Apex Zone, conduct advanced geophysical surveys, and expand exploration across its 20,000+ hectare portfolio. The company also reduced its property burn rate by 30% through strategic acquisitions.

Relevant Gold Corp. announces final results from its 2024 geologic mapping and rock chip sampling program at its Bradley Peak Gold Camp in Wyoming. The program revealed widespread high-grade gold and copper mineralization, refining three previously identified targets and revealing three new ones. Highlights include:

- Apex Zone: Best results of 46.8 g/t Au, 7.8% Cu and 2% Zn from multiple 2-6m+ vein exposures within a >200m wide structural zone traceable for over 2.5 kilometers

- Three new exploration targets discovered: Lost Mine, Olmeh, and East Limb

- 557 rock chip samples collected, with approximately 7% yielding significant results

The company is now planning and permitting a robust 2025 drilling program at Apex, combining these results with previous data and advanced geophysics.

Relevant Gold Corp. (TSXV:RGC)(OTCQB:RGCCF) has doubled its land position at the Bradley Peak Gold Camp in Wyoming, USA. The company added ~2,102 hectares through 38 BLM lode mining claims and 16 Wyoming state mineral leases, bringing the total project area to ~4,391 hectares. Recent assay results, geology mapping, and geophysics highlight high-grade district-scale gold targets with potential for Abitibi-style gold mineralization.

The company's 2023 reconnaissance program identified 3 district-scale target areas with high-grade gold, silver, and copper associated with multi-kilometre shear zone structures. Initial results from the 2024 mapping and sampling program showed high-grade mineralization, including 46.8 g/t Au and 2.44% Cu. Relevant Gold is now defining high-quality drilling targets and anticipates results from its second batch of 2024 samples soon.