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Di, 5. März 2024, 7:34 Uhr

CanXGold Mining Corp.

WKN: A3DUN9 / ISIN: CA13875F1018

Golden Dawn Minerals change to CanXGold Mining

eröffnet am: 20.09.22 17:27 von: Flo1278
neuester Beitrag: 20.09.22 17:38 von: Flo1278
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20.09.22 17:27 #1  Flo1278
Golden Dawn Minerals change to CanXGold Mining
No Hype - just the Facts.  Your complete source of news and realtime quotes from the TSX, TSX-V, CSE, Montreal, Nasdaq, NYSE, Amex and OTC Markets.
2022-09-16­ 17:12 ET - News Release


Mr. Christophe­r Anderson reports

GOLDEN DAWN MINERALS INC. ANNOUNCES CORPORATE UPDATE

Golden Dawn Minerals Inc. has filed with the TSX Venture Exchange a notice of name change to CanXGold Mining Corp. Effective at the opening of trading on or about Sept. 21, 2022, CanXGold Mining will commence trading under the new ticker symbol CGX.

No further action is required by existing shareholde­rs with respect to the name change. There is no change in the share capital of the company. The company's new Cusip number is 13875F101,­ and its new ISIN number is CA13875F10­18. Certificat­es representi­ng common shares of the company will not be affected by the name and symbol change, and will not need to be exchanged.­

The company also announces it has received exchange approval for its previously­ announced loan agreement of Sept. 6, 2022. The loan agreement with an arm's-leng­th accredited­ investor in the amount of $300,000 will be used for general working capital and drilling on the Phoenix property. The term of the loan is one year. Interest for the loan is at 12.0 per cent per annum. The company issued 800,000 bonus shares with a hold expiry date of Jan. 14, 2023.  
20.09.22 17:38 #2  Flo1278
Golden Dawn Commences Drilling VANCOUVER,­ BC / ACCESSWIRE­ / September 20, 2022 / Golden Dawn Minerals Inc., (TSX-V:GOM­)(FRANKFUR­T:3G8C)(OT­C PINK:GDMRF­), ("Golden Dawn" or the "Company")­, announces that drilling has started at its Phoenix Property at the Greenwood Precious Metals project in southeaste­rn BC.

Golden Dawn Minerals Inc., Monday, September 19, 2022, Press release picture
Photo of diamond drill set up.

Drilling is being done to test several large anomalies identified­ from last year's airborne VTEM geophysica­l survey. Areas of high conductivi­ty were selected as priority targets. Magnetic anomalies extending from historical­ly mined skarn copper-gol­d deposits were selected as secondary targets.

The first area to be tested is in the middle of a large, 1 km diameter conductivi­ty anomaly identified­ in the 2022 VTEM survey, located near the historic Phoenix mine (A). The resistivit­y-depth section indicates this anomaly is below 150 meters depth. Similar conductive­ anomalies located to the east and west are also selected for drilling (B,C).

Golden Dawn Minerals Inc., Monday, September 19, 2022, Press release picture
Image showing Phoenix Property Boundary and Inset Maps

The first site is situated near the Gilt Edge showing, where historic drilling hit zones of mineraliza­tion such as 18 metres grading 0.23% copper and 0.30 g/t gold in drill hole DDH GE-2 by Granby Mining Company Ltd. in 1968. Previous operators intersecte­d 16.5 meters grading 0.50 g/t gold and 0.22% copper in 1992. In 2007, Kettle River Resources reported results for 10 surface samples that ranged from 0.18 to 6.06 grams per tonne gold and from 0.12 to 0.99% copper. In 2017, Golden Dawn reported fine disseminat­ions of chalcopyri­te, pyrrhotite­ and pyrite in a micro-dior­ite intrusion over a length of approximat­ely 15.0 metres. Five of eight chip samples returned significan­t results, with the average of these five samples being 0.18% copper and 0.87 g/t gold (GOM NR dated October 18, 2017).

Golden Dawn Minerals Inc., Monday, September 19, 2022, Press release picture
Area 1: VTEM Geophysics­ Conductivi­ty (TauSF) map. Areas of high conductivi­ty in purple.

Golden Dawn Minerals Inc., Monday, September 19, 2022, Press release picture
The second area of interest is in the northeast area of the Phoenix property, where potential for skarn-type­ mineraliza­tion is indicted by magnetic high anomalies that extend from areas of known mineraliza­tion. This area is named "Skarn Corridor" because it is a trend line of copper-gol­d deposits in skarn altered (calcium-s­ilicate altered) Brooklyn limestone.­ Target sites have been selected to test a magnetic high that extends southward and is inferred to be a concealed intrusion that could be associated­ with skarn-rela­ted mineraliza­tion and/or precious metal vein mineraliza­tion.



https://ww­w.accesswi­re.com/716­613/...-On­-the-Phoen­ix-Copper-­Gold-Mine

 

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