Toronto, Ontario--(Newsfile Corp. - Le 21 août/August 2024) - Gander Gold Corporation has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every ten (10) pre-consolidated common shares. As a result, the outstanding shares of the company will be reduced to approximately 9,466,827 common shares.
VANCOUVER, BC / ACCESSWIRE / July 4, 2024 / Gander Gold Corp. ("Gander" or the "Company") (CSE:GAND)(OTCQB:GANDF), is pleased to provide an exploration update on its Gander North Project in Newfoundland where 28 rotary air blast ("RAB") drill holes, an exploration tool designed to prioritize first-ever diamond drilling targets, were completed in 2023. Highlights: Anomalous to significant gold mineralization was encountered in eight (8) of 11 RAB holes completed on the western side of Gander North with five (5) of these holes also intersecting mafic-ultramafic rock associated with the GRUB Line; Anomalous mineralization was encountered in 14 of the 17 RAB holes completed on the eastern side of Gander North; This initial round of RAB drilling on each side of Gander North tested only five (5) of 14 large soil geochemistry anomalies identified at this large-scale project to date; Results warrant additional follow-up exploration at these 5 anomalies ahead of potential diamond drilling; An exploration plan for the remaining 9 large soil geochemistry anomalies is being finalized.