We usually get very nervous when we see a non-revenue, exploration stage company enter into a convertible debt agreement as the terms usually don’t favor the junior company. We feel […]
Tag: #NutmegMountain
NevGold closes C$2.35M placement
NevGold (NAU.V) closed the second and final tranche of its non-brokered private placement earlier this month. A total of 7.34 million shares were issued at C$0.32 in both tranches, which […]
NevGold intersects almost 67 meters containing 0.74 g/t gold at Nutmeg
NevGold (NAU.V) has provided an exploration update on its Nutmeg Mountain project in Idaho. The company released the assay results from home NMD0004 which encountered gold mineralization right at surface, […]
Report: NevGold – Resource Update at Nutmeg Mountain
Last year, NevGold (NAU.V) entered into an option agreement to acquire full ownership of the Nutmeg Mountain project from GoldMining (GOLD.TO). This project is located in Idaho and came with […]
NevGold releases positive drill results at Nutmeg Mountain, resource update around the corner
NevGold (NAU.V) released the assay results from hole NMD0004, a hole drilled on the Nutmeg Mountain gold project in Idaho. That hole intersected 41.5 meters of 0.80 g/t gold starting […]
NevGold intercepts thick layer of oxide gold mineralization at Nutmeg Mountain
NevGold (NAU.V) has released the (partial) assay results from the first three holes drilled on the Nutmeg Mountain project in Idaho. Hole 1 was a difficult hole as the initial […]
NevGold receives approval of exploration notice permit and starts drilling at Nutmeg Mountain
NevGold (NAU.V) has received the approval of the Exploration Notice permit by the Bureau of Land Management for its Nutmeg Mountain gold project in Idaho. While 85% of the currently […]
NevGold closes upsized C$4.1M financing
NevGold (NAU.V) confirmed on Monday it closed its previously announced financing, raising total proceeds of C$4.1M in a financing priced at C$0.42 per unit. Each unit consisted of a common […]