Dixie Gold Inc V.DG

Alternate Symbol(s): YWRLF

Metals & Mining Industrial Metals & Minerals

Dixie Gold Inc. is an exploration company involved in a diverse portfolio of exploration projects, including gold, lithium and uranium assets in Canada. The Company's projects include Red Lake, Isko Gold, Preston Uranium, Phoenix Lithium, Torp Lithium and Juliet Lithium. The Red Lake Project is situated southeast of Red Lake, Ontario, and covers approximately 25,269 hectares (ha) and 1,241 mining claims. The Isko Gold Project is located in Quebec, which is a gold exploration property situated in the Windfall Lake/Urban-Barry gold district. The Preston Uranium Project is situated approximately 25 kilometers (km) southwest of Fission Uranium's PLS discovery and is adjacent to NexGen Energy's Rook-1 property which hosts the Arrow deposit. The Phoenix Lithium Project hosts the Big Bird and Curlew lithium-rich pegmatites. The Torp Lake Lithium Project covers approximately 1,003 ha and is located 35 km from tidewater in the north Slave region of Nunavut.

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Dixie Gold Inc > maybe dg option dg property

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Comment by tsxventurewatchon May 26, 2021 3:37am

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RE:maybe dg option dg property

As at 31st March 2021, they had C$973K in the bank. They should be in no rush to JV the project. I would favour a strategic investor taking a 10%/20% stake in the company. This will provide adequate funding for a major drill program as well as instilling market confidence in the project

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