Gander Gold Corporation (GANDF)
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CSE Bulletin: Consolidation - Gander Gold Corporation (GAND)
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.
Gander Gold Exploration Update
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.
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Gander Gold Corporation Profile
| Gold Industry | Basic Materials Sector | Mr. Mark Scott CEO | OTC PINK Exchange | CA36471Q1063 ISIN |
| CA Country | - Employees | - Last Dividend | 23 Aug 2024 Last Split | - IPO Date |
Overview
Gander Gold Corporation is a growing entity in the mining sector, primarily focusing on the acquisition, exploration, and development of mineral properties within Canada. Incorporated in 2021, the company has swiftly established a robust portfolio of gold-focused projects. With a significant presence in Newfoundland, Gander Gold Corporation aims to leverage its strategic projects to explore and develop gold resources. The company's headquarters are located in Vancouver, Canada, indicating its strategic position within the mining industry's hub in North America. Gander Gold Corporation's approach to business involves securing and developing high-potential mineral properties, with a primary focus on gold, to create value for its stakeholders and contribute to the broader mining and minerals sector.
Products and Services
The company has positioned itself as a significant player in the gold mining sector through its diverse portfolio of projects. Here are the key projects and services offered by Gander Gold Corporation:
- Gander North project: This project is one of the flagships under the company's belt. It focuses on exploring and potentially developing gold resources in the northern region of Newfoundland. An option agreement allows the company a 100% interest in this project, emphasizing its strategic importance to Gander Gold's overall vision.
- Gander South project: Similar to the North project but located in the southern part of Newfoundland, this project further expands the company's exploration footprint in the region. Through meticulous exploration, Gander Gold aims to uncover valuable gold deposits that can be developed into producing assets.
- Little River project: This project showcases the diverse geographic targeting strategy of Gander Gold, focusing on a different area within Newfoundland. It represents another critical component of the company's portfolio, offering potential for significant gold findings.
- Hermitage project: This project is notable for its strategic location and the potential to harness gold resources. By holding an option to acquire a 100% interest, Gander Gold underscores its commitment to exploring and developing its holdings effectively.
- Carmanville project: Located in a different part of Newfoundland, this project diversifies the company's exploration activities and potential gold yield. It adds another layer of opportunity for growth and development within Gander Gold's operational framework.
- Cape Ray project: This project is highlighted for its potential in contributing significantly to the company’s gold reserves. The strategic placement and exploration activities conducted here aim to establish it as a key asset for Gander Gold.
- Mount Peyton project: With a focus on both gold exploration and potential development, this project plays a crucial role in the company's strategy to increase its gold production and reserves.
- Botwood, the Laurenceton, Thwart Island (BLT) project: This uniquely named project encompasses several areas, representing Gander Gold’s extensive reach within Newfoundland. It showcases the company's ambitious approach to securing and developing broad geographic regions with gold potential.
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