Tag: #ColumbusGold

Allegiant Gold directs a second drill rig to Eastside

Allegiant Gold directs a second drill rig to Eastside

Allegiant Gold (AUAU.V) is kicking its Eastside exploration program in a higher gear after meeting the expectations on the western portion of the gold deposit. As you might remember, pretty much the entire western zone of Eastside was classified as ‘waste’ within the pit shell. Not because the rock didn’t […]

Site Visit Report: Visiting newly listed Allegiant Gold

Site Visit Report: Visiting newly listed Allegiant Gold

In the first week of December we visited the Eastside and Bolo projects in Nevada, owned by Allegiant Gold (AUAU.V). Allegiant Gold is the spin-off from Columbus Gold (CGT.TO) that wanted to simplify its corporate structure by spinning out its non-French Guiana assets into a new company, headed by Andy […]

Columbus Gold establishes formal joint venture with Nordgold

Columbus Gold establishes formal joint venture with Nordgold

Columbus Gold (CGT.TO) has now finally entered in the joint venture agreement with Nordgold whereby the latter has now officially established its 55.01% ownership in the Montagne D’Or gold project in French Guiana. Columbus is free carried until December 18th, when Nordgold has to make a construction decision (note, this […]

Columbus Gold confirms Montagne d’Or resource has the potential to grow

Columbus Gold confirms Montagne d’Or resource has the potential to grow

Columbus Gold (CGT.TO) has released a bunch of assay results in August from its 31 drill hole exploration program which was aimed at identifying additional gold mineralization in close proximity to the Montagne d’Or gold project in French Guiana. Several holes have encountered gold mineralization with hole 295 returning an […]

Columbus Gold reports a C$500M after-tax NPV at Montagne d’Or

Columbus Gold reports a C$500M after-tax NPV at Montagne d’Or

As expected, Columbus Gold (CGT.TO) has reported the results of the feasibility study on the Montagne d’Or gold project in French Guiana, wherein it holds a 44.99% interest after joint venture partner Nordgold (NORD.L) completed its earn-in requirements. The mine plan includes 2.75 million ounces of gold reserves (@ US$1,200 […]

Columbus Gold releases a maiden resource at Eastside

Columbus Gold releases a maiden resource at Eastside

Columbus Gold (CGT.TO) has published a maiden resource estimate on its Eastside gold-silver project in Nevada. Using a cut-off grade of 0.15 g/t gold, the total resource contains 654,000 ounces of gold at an average grade of 0.57 g/t, and just short of 4 million ounces of silver at an […]

Columbus Gold received a drill permit for Target 5 at Eastside

Columbus Gold received a drill permit for Target 5 at Eastside

Columbus Gold (CGT.TO) has received the necessary permits to drill Target 5, which is located approximately 7 kilometers towards the south of the main area Columbus has been focusing on, called the ‘original target’. From a geological point of view, the Target 5 zone seems to be pretty much identical […]

Columbus Gold acquires the Bolo royalty in exchange for the Weepah project

Columbus Gold acquires the Bolo royalty in exchange for the Weepah project

Columbus Gold (CGT.V) has entered into an agreement with Ely Gold (ELY.V) to acquire the royalty on its Bolo/Wood exploration project in Nevada, USA. Ely acquired the royalty in a transaction with Till Capital, and obviously does have some value for Columbus Gold considering it still is the owner of […]