NioGold Mining Corporation (TSXV:NOX,OTCQX:NOXGF) consolidated 100% ownership of the Republic Goldfields Malartic Property. Under the terms of the resulting joint venture, NioGold has now acquired the final 15% interest through payment of $25,000 and grant to RGF of a 2% NSR royalty (of which one-half, or a 1% NSR interest, can be repurchased by NioGold for $750,000).
NioGold Mining (CVE:NOX) reports that Simon Ridgway has joined the company’s Board of Directors. The press release is quoted as saying: Mr. Ridgway is an accomplished mine developer with over 30 years experience in the mining industry. During the 1990s, Mr. Ridgway led the discovery and development of two gold deposits in Honduras and Guatemala, both of [...]
NioGold Mining Corporation (CVE:NOX) reports that it has acquired a 60% interest in the Malartic H property. The terms included a $25,000 payment to Breakwater and $1.2 million in exploration expenditures. Prior to the delivery of a bankable feasibility study, NioGold may increase its interests by an additional 10%, for a total of 70% interest, upon making [...]
NioGold Mining Corporation (CVE:NOX) reports that drilling operations have began on the Marban Block property under the terms of the Aurizon Mines’ (TSE:ARZ) option agreement. A C$5.9 million program was approved for the first year of the option that includes 50,000 metres of diamond drilling. For complete news release, click here. For Niogold’s company profile, click here.
The Northern Miner (Editorial) reports Aurizon Mines (TSE:ARZ) had a busy July month and a JV with an option agreement was reported with NioGold Mining (CVE:NOX) on the Marban Block property, Quebec.
NioGold Mining (CVE:NOX) reports President of NioGold, Rock Lefrançois talks to Proactive Investors.
NioGold Mining Corp. (TSXV:NOX, OTCQX: NOXGF) currently has three land holdings located in a historically prolific mining region of Quebec, Canada. Their main focus is the Malartic-Val-d’Or Projects that holds an NI 43-101 compliant indicated resource of 600,000 ounces gold and an inferred resource of 360,000 ounces gold.
Alexandria Minerals and NioGold Mining report that they have signed an option/earn-in agreement giving NioGold the right to earn 50% interest on Alexandria’s Siscoe East, Val d’Or, Quebec. The Siscoe East property, located between the Siscoe Mine, which produced 880,000 ounces of gold, and the Sullivan Mine (1.2 million ounces of gold produced), is comprised of 61 [...]
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