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MAS Gold Corp. V.MAS

Alternate Symbol(s):  MSGCF

MAS Gold Corp. is a Canada-based mineral exploration company. The Company is focused on advancing its gold exploration projects in the prospective La Ronge Gold Belt of Saskatchewan. It is exploring on four properties in the belt, including the Preview-North, Greywacke Lake, Elizabeth Lake and Henry Lake Properties, totaling 35,175.6 hectares (86,920.8 acres). These properties extend along the geologically prospective La Ronge, Kisseynew and Glennie Domains that make up the La Ronge Gold Belt in north-central Saskatchewan. It has five advanced deposits, including the North Lake, Greywacke North, Preview SW, Contact Lake and the Point Deposits. Its North Lake Deposit is located approximately 70 km north-east of La Ronge with Highway 102 providing direct access to the deposit. Its Preview SW Deposit is located over 40 km north-east of Laronge with access from HWY 102 and a maintained local trail to deposit. The Greywacke Lake Property is comprised of six claims totaling 16,078 ha.


TSXV:MAS - Post by User

Comment by StrikeGoldon Sep 27, 2022 11:51am
109 Views
Post# 34989532

RE:RE:Frustrating

RE:RE:Frustrating The drill results this year have been good for MAS, and in fact even better than expected. 
So there doesn't seem to be anything wrong with their drilling programs, or with the management

But as you said, the markets aren't treating the junior explorer sector well in recent weeks, but it's a good time to buy quality explorers like MAS that add value, while avoiding those that are mostly fluff and hype and so may not bounce back. 

From last news:

"Results from these thirty holes in the Winter Program at North Lake Deposit, Point Deposit and Preview SW Property have exceeded our team’s expectations as they help sling-shot MAS into further developing the Hub and Spoke Model.”

Jim Engdahl, MAS Gold’s Chief Executive Officer commented: “The winter drill results together with the acquisitions of the Preview SW Deposit and Contact Lake Mine allows MAS Gold to move towards restarting the PEA (Prefeasibility Economic Study) in 2023. Our North Lake Deposit continues to demonstrate feasibility of being the hub in MAS Gold’s Hub and Spoke model along with the Preview SW deposit and the Contact Lake Mine being the primary spokes. Management is extremely pleased with this latest round of thirty diamond drilling results.”

MAS Gold plans to provide a summary by late next week of the entire Winter Drill program as well as an overview of our plans moving forward to increase our resource and develop the Hub and Spoke Model to create value for MAS Gold and its shareholders."

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