MegumaGold Corp NSAUF

Metals & Mining Gold

MegumaGold Corp. is a Canada-based 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, and GoldCamps Project. The Goldenville Property is located in St. Mary’s District, Guysborough County. The Caribou Gold property is located 80 kilometers northwest of the city of Halifax, Nova Scotia and 10km south of the rural community of Upper Musquodoboit, in Halifax County. The Company also has interests in the Newfoundland Gold Belt Licenses consisting of seven mineral licenses, comprising 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.

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MegumaGold Corp

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Post by Betteryear2on Apr 12, 2022 7:16am

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Post# 34596094

MegumaGold Intersects Multiple High-Grade Gold Zones

Multiple high grade gold intervals on two drill holes
Grades up to 37.10g/t gold at 200 m depth indicates gold potential at depth
Core interval grading 6.38g/t gold from 17.40 m in near surface zone

VANCOUVER, British Columbia, April 12, 2022 (GLOBE NEWSWIRE) -- MegumaGold Corp. (CSE: NSAU) (“MegumaGold” or the “Company”), is pleased to provide results from its 2021 diamond drill program at the Caribou Gold Project (“Caribou”) located approximately 10 kilometres north of Atlantic Gold’s Touquoy Mine and Moose River Consolidated mill site and surrounded by Atlantic Gold claim holdings in Nova Scotia, Canada.

MegumaGold Intersects Multiple High-Grade Gold Zones in Caribou Project