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MegumaGold Corp NSAUF

MegumaGold Corp. is a Canadian junior gold exploration company. The Company is engaged in the business of acquiring, exploring and developing natural resource properties, with a focus on precious metal properties located in Canada. The Company’s projects include Meguma Project; Osprey Projects-Goldenville Project; Osprey Projects-Caribou Project; Osprey Projects-Leipsigate Project; Caribou SW Project, and GoldCamps Project. The Goldenville Property is located in Guysborough County, Nova Scotia and comprises five contiguous unpatented mineral licenses totaling 137 claims (2,164 hectares). The Caribou Property is located 80 kilometers (km) northeast of Halifax, Nova Scotia. It also has interests in the Newfoundland Gold Belt Licenses consisting of seven mineral licenses, comprising over 3,025 acres in the Province of Newfoundland and Labrador, Canada, and thirteen mineral claims referred to as the Elmtree and Alcida Gold Claims covering approximately 7,000 acres in New Brunswick, Canada.


GREY:NSAUF - Post by User

Post by TTMACon Aug 01, 2022 2:08pm
349 Views
Post# 34864289

does anyone care.

does anyone care.rdgeo, it would appear there are few shareholders left. I bailed month ago. I had great hopes for Maguma Gold but it would appear whatever money they had is likely all been put in the ground, in their limited drilling. I was there in 2006 when Scorpio held the property and they drilled several holes. If I remember correctly there was gold showing in nearly all holes, obviously not enough was found to turn it into a mine but vg never the less. I dont believe it was lack of gold that made them leave but the slowness of permitting from the province. This appears to be a problem in some places. All the best in the future for you shareholders. I know there is gold at Caribou and someday someone with enough money and courage will prove it.
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