Bullboard - Stock Discussion Forum Big Gold Inc C.BG

Big Gold Inc. is a junior mining exploration company. The Company is focused on the acquisition and exploration of mineral properties. Its initial focus is to conduct exploration programs on the Martin Kenty and Tabor projects located in Ontario. The Company’s 10,100-hectare Martin Kenty project is located in a Tier 1 mining jurisdiction. The project is ideally located approximately 100... see more

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Big Gold Inc > BG.c Raises Over $700k

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Post by 1StockInformer on Jun 07, 2023 6:02pm

BG.c Raises Over $700k

Yesterday Big Gold Inc. (CSE: BG) announced that it has successfully closed the second and final tranche of its non-brokered private placement offering, raising a total of $713,205.

Full press release here: https://biggold.ca/big-gold-closes-non-brokered-private-placement-for-gross-proceeds-of-713205/

The funds will be used largely in part to support exploration programs at BG's Tabor Project in the Shebandowan Greenstone Belt and Martin Kenty Project near the Rainy River Mine Complex in Ontario.

Notably, the Tabor Project benefits from its proximity to Goldshore's Moss Project, which recently reported an estimated 6 million ounces of gold.

Promising field sampling results from the Martin Kenty Project have unveiled multiple assays with gold grades surpassing 0.5 grams per tonne, pointing to significant potential for gold mineralization in the area.

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