Relevant Gold Commences 5,000-Metre Drill Program and Updates Exploration Model at the Lewiston Project in Wyoming, USA
Relevant Gold commenced a 5,000-metre diamond drilling program at the Lewiston Project in Wyoming, targeting multiple high-priority targets within the district-scale gold system.
News Releases
Explore Relevant Gold news releases, exploration updates and corporate announcements.
Relevant Gold Corp Closes Oversubscribed $3M Non-Brokered Private Placement with Participation from New Gold and Rob McEwen
Relevant Gold closes an oversubscribed C$3.07 million private placement, with strategic participation from New Gold and Rob McEwen, alongside Company leadership. New Gold increases its ownership to 9.9%, while McEwen acquires approximately 6.4%, with proceeds directed toward exploration at the Golden Buffalo and Lewiston projects and general working capital.
Relevant Gold’s South Pass and Bradley Peak Gold Camps to be included in Joint Wyoming State and U.S. Geological Survey’s Airborne Geophysical Program
Relevant Gold announces that its entire project portfolio will be covered by a large-scale, government-funded airborne geophysical survey conducted jointly by the Wyoming State Geological Survey and U.S. Geological Survey. The magnetic and radiometric survey covers approximately 3,300 square miles of central Wyoming, providing Relevant Gold with valuable regional geological and structural data at no cost to the Company to help identify and refine future exploration targets.
Relevant Gold Corp Announces Non-Brokered $3M Private Placement with Expected Participation from New Gold Inc.
Relevant Gold announces a non-brokered private placement of up to C$3 million, with strategic investor New Gold committing to increase its ownership from approximately 7% to 9.9%. Proceeds are intended to fund exploration at the Golden Buffalo and Lewiston projects in Wyoming as the Company continues testing its orogenic gold exploration model, as well as provide general working capital.
Relevant Gold Reports 4.1 g/t Gold in Trench Sampling at Golden Buffalo
Relevant Gold reports surface trench and rock-chip samples grading up to 4.1 g/t gold at its Golden Buffalo Project, with high-grade gold occurring along both contacts of the Golden Buffalo Shear Zone and in multiple vein orientations. Combined with previously reported high-grade drill intercepts approximately 400 metres to the east, the results confirm a fertile orogenic gold system at Golden Buffalo and provide initial proof of concept for the Company’s broader exploration thesis linking Wyoming’s Archean rocks to Canada’s Abitibi gold belts.
Relevant Gold Intersects 83.8 g/t Gold over 1 metre at Golden Buffalo
Relevant Gold reports 83.8 g/t gold over 1 metre within a 3-metre shear zone averaging 28 g/t gold from its initial 3,478-metre drill program at Golden Buffalo, with anomalous gold encountered in 14 of 26 holes. Drilling traces the Golden Buffalo Shear Zone to at least 300 metres vertical depth and approximately 800 metres of strike, supporting the Company’s interpretation of a fertile orogenic gold structure and providing initial proof of concept for Abitibi-style mineralization in central Wyoming.
Relevant Gold Announces 13 New Orogenic Shear Structures (15km total) Discovered through 2022 Exploration and Completion of 3500m Drilling Program in the South Pass Gold Field in Central Wyoming
Relevant Gold completes its inaugural 3,478-metre, 26-hole diamond drilling program at Golden Buffalo and discovers 13 new prospective orogenic shear structures totaling 15.5 km of strike length across its Wyoming properties. Mapping and sampling identify extensive quartz vein-rich shear zones with geological characteristics consistent with orogenic gold systems in the Abitibi and other Archean gold belts, significantly expanding the Company’s pipeline of exploration targets.
Relevant Gold Announces Initial Public Trading Date; Commences Drilling at Golden Buffalo
Relevant Gold receives approval to begin public trading on the Canadian Securities Exchange under the symbol RGC and commences its first-ever drilling program at the Golden Buffalo Project, following a C$5.7 million financing completed earlier in the year. The Company plans 4,000–5,000 metres of diamond drilling to test high-grade surface mineralization—including samples exceeding 5 oz/t gold—and evaluate its Abitibi-style exploration thesis at depth in Wyoming.