Tag Archives: AuMEGA Metals

Key Highlights Approximately C$30.1 million committed through an upsized institutional financing, strengthening AuMEGA’s balance sheet and funding runway. Anchored by a significant lead order from Condire Investors, LLC, a U.S.-based resource investment firm, which will hold approximately 19.9% of the Company on a non-diluted basis upon completion of this offering. …

Key Highlights Diamond Drilling Recommences: Planned up to 10,000 metres of diamond drilling (success dependent) along with mapping, and sampling across high-priority targets at Cape Ray and Bunker Hill.Encouraging Early Drill Results at Bunker Hill West: Diamond drill hole CRD396 intersected 1.84 g/t gold over 1.0 metres including 5.58 g/t …

Key Highlights Commenced with diamond drilling at Nitty Gritty targets with two diamond drill rigs.Drilling commences following a short delay related to inclement winter weather in Newfoundland and Labrador.Reverse Circulation (“RC”) drill rig currently on site and expected to commence drilling the first bottom-of-hole / basal till sample in the …

Toronto, Ontario–(Newsfile Corp. – February 10, 2025) – Visit AuMEGA Metals Limited (ASX: AAM) (TSXV: AUM) at Booth #2749 at the Prospectors & Developers Association of Canada’s (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 2 to Wednesday, March 5, 2025. About AuMEGA Metals Limited AuMEGA …

Highlights Exploration Subsequent to the year end, announced plans for a major exploration in 2025 that includes total drilling of approximately 20,000 metres including a 10,000 metre drill program at Bunker Hill in the first quarter and drill programs planned for Cape Ray and Hermitage.High-resolution airborne magnetic and Very Low …