Trinity Silver Project
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K9 Gold Corp. Closes 2nd Tranche of PP
Newsfile· 2025-11-14 21:45
Core Points - K9 Gold Corp. has successfully closed the second tranche of its non-brokered private placement, raising a total of $100,000 by issuing 400,000 units at a price of $0.25 per unit [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional common share at $0.35 for two years [2] - The offering is subject to a statutory hold period of four months and one day, and no insiders participated in this tranche [3] Marketing and Investor Awareness - The company entered into a marketing and investor awareness agreement with Capitaliz for a total fee of $200,000, which includes an increase in services [4] - Payment for the services was made from the company's existing general working capital [4] Company Overview - K9 Gold Corp. is focused on mineral exploration in North America, with its primary asset being the Trinity Silver Project in Nevada, covering approximately 14,523 acres [5] - The company is listed on the TSX Venture Exchange [5]
K9 Gold Corp. Announces Name Change to Americore Resources Corp
Newsfile· 2025-11-13 21:30
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2025) - K9 Gold Corp. (TSXV: KNC) (OTCQB: WDFCF) (FSE: 5GP0) ("K9 Gold" or the "Company is pleased to announce that, effective November 18, 2025, the Company will change its name from K9 Gold Corp. to Americore Resources Corp.Effective at the opening of trading on November 18, 2025, the common shares of the Company will commence trading on the TSX Venture Exchange under the new name and the new trading symbol "AMCO". The Company's new CUSIP number ...
K9 Gold Corp. Closes First Tranche of Private Placement and Announces Proposed Name Change to Americore Resources Corp.
Newsfile· 2025-10-30 20:43
Core Points - K9 Gold Corp. has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of $865,000 by issuing 3,460,000 units at a price of $0.25 per unit [1][2] - Each unit consists of one common share and one common share purchase warrant, with warrants allowing the purchase of additional shares at $0.35 for two years, expiring on October 30, 2027 [2] - The company plans to change its name to Americore Resources Corp., pending approval from the TSX Venture Exchange [4] Financial Details - The total gross proceeds from the private placement amount to $865,000 [2] - The company paid finders' fees of $13,000 in cash and issued 52,000 finder warrants, also exercisable at $0.35 for two years [3] Company Overview - K9 Gold Corp. is focused on mineral exploration in North America, with its primary asset being the Trinity Silver Project in Nevada, covering approximately 14,523 acres [5]
K9 Gold Enters Into an Exploration and Option to Purchase Agreement for Newmont's Trinity Silver Project
Newsfile· 2025-09-17 12:00
Core Viewpoint - K9 Gold Corp has entered into an Exploration Agreement and an Option to Purchase Agreement with Newmont USA Limited for the Trinity Silver Project, which encompasses approximately 14,523 acres in Nevada, indicating a strategic move to enhance its asset portfolio in a favorable mining jurisdiction [1][2]. Exploration Agreement - The Exploration Agreement grants K9 Gold the exclusive right to conduct exploration work on the properties owned and leased by Newmont [2]. - K9 is required to make initial payments of USD $50,000 and issue 100,000 common shares as rental payment for the first year, followed by a payment of USD $100,000 and 300,000 common shares for the second year [6]. Purchase and Sale Option - The Agreement stipulates that Newmont will sell all rights and interests in both owned and leased properties to K9, subject to TSX Venture Exchange approval [3]. - A one-time payment of USD $350,000 and the issuance of 700,000 common shares to Newmont are required as part of the purchase [6]. Project Overview - The Trinity Silver Project is located approximately 23 miles northwest of Lovelock, Nevada, and includes a historic open pit heap leach silver mining operation [5]. - Historical mining operations reported the extraction of 1,085,790 tons of silver oxide mineralization, yielding approximately 5 million ounces of silver at an average grade of 6.32 oz/ton [7]. Mineral Resource Estimates - The project has identified both oxide and sulphide mineralization, with inferred resources for oxide material estimated at 6,430,000 tons at a grade of 1.134 oz/ton, containing approximately 7,287,000 ounces of silver [8]. - For sulphide mineralization, inferred resources are estimated at 19,790,000 tons at a grade of 1.07 oz/ton, containing about 21,165,000 ounces of silver, along with lead and zinc byproducts [9]. Next Steps - The company plans to review all historical data and create an updated database for the project, incorporating artificial intelligence to analyze geological data and develop an updated deposit model [17]. - Fieldwork will include sampling of the historical stockpile and drilling to twin key historical drill holes, leading to an updated mineral resource estimate [18].