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UrbanGold Minerals Inc. (V:UGM)

Business Focus: Precious Metals & Minerals

Feb 24, 2021 05:23 pm ET
UrbanGold Reports Results from First Four Holes at Pallador-Regnault
Laval, Quebec--(Newsfile Corp. - February 24, 2021) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") reports results from the first four of ten core holes (totalling 1,095 metres of 2,452 metres) drilled on its 100% owned 26,585-hectare Pallador Property (the "Property") in the Regnault area of the Troilus-Frotet region. This drill program targeted an area located immediately south of the Kenorland Minerals Regnault gold discovery (see Kenorland's July 29, 2020 news release). Assays for the remaining 6 holes of the UrbanGold program that were drilled in January 2021, remain pending.
Feb 03, 2021 05:00 pm ET
UrbanGold Options Stargold to Crest Resources
Laval, Quebec--(Newsfile Corp. - February 3, 2021) -  UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") announces that it has signed an option agreement (the "Agreement") with Crest Resources Inc. (CSE: CRES) ("Crest"), pursuant to which and subject to the acceptance of the Canadian Stock Exchange, Crest has been granted an option (the "Option") to acquire a 100% interest in the Stargold project (the "Claims") located approximately 160 kilometres northeast of the Town of Val d'Or, in the Province of Quebec.
Jan 26, 2021 08:00 am ET
UrbanGold Completes 10-hole Drill Program in the Regnault Area, Pallador Property
Laval, Quebec--(Newsfile Corp. - January 26, 2021) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report the completion of its initial drill program on its 100% owned 26,585-hectare Pallador Property (the "Property") in the Regnault area of the Troilus-Frotet region. Ten diamond drill holes totalling 2,452 metres targeted an area located immediately south of and on strike with Kenorland Minerals Regnault major gold discovery, which includes an intersection of 8.47 grams per tonne gold over 29 metres (see Kenorland's July 29, 2020 news release).
Jan 21, 2021 05:12 pm ET
UrbanGold Appoints VP Corporate Development and Grants Stock Options
Laval, Quebec--(Newsfile Corp. - January 21, 2021) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that it has appointed Robert J. Casaceli as Vice President Corporate Development, effective today. Mr. Casaceli has been a director of the Company since November 2019.
Jan 15, 2021 08:00 am ET
UrbanGold Resumes Drilling at Pallador-Regnault, Provides Update for Bullseye-Cressida
Ottawa, Ontario--(Newsfile Corp. - January 15, 2021) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that drilling has resumed on the Regnault block, at the Company's 100% owned Pallador property that totals 26,585 hectares. UrbanGold drilled 4 holes totalling 1,095 metres before the holidays and resumed drilling this past Monday on priority targets located immediately south and on strike of the Kenorland Minerals Regnault discovery located further north which includes an intersection of 8.47 grams per tonne gold over 29 metres (see Kenorland's July 29, 2020 news release). The 2,500-metre initial drill program is expected to be completed within the next two weeks (see UrbanGold's November 16, 2020 news release for additional details).
Jan 08, 2021 05:00 pm ET
UrbanGold Provides Update on Troilus-Frotet and Temporary Change to Management Responsibilities
Ottawa, Ontario--(Newsfile Corp. - January 8, 2021) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is exclusively focussing its activities this winter on its central Troilus-Frotet area properties. These properties consist of the Pallador property, 26,585 hectares, 100% owned by the Company and BullsEye property, 8,558 hectares, 50% owned by the Company under a joint venture with Argonaut Gold. UrbanGold is the operator.
Jan 08, 2021 11:40 am ET
TMX Group, UrbanGold Minerals, C-Suite at The Open
TORONTO, Jan. 8, 2021 /CNW/ - Mathieu Stephens, President & CEO, UrbanGold Minerals Inc. (TSXV: UGM), shares his company's story in an interview with TMX Group.
Dec 21, 2020 08:00 am ET
UrbanGold Provides Year-End Update on its Troilus-Frotet Area Properties
Ottawa, Ontario--(Newsfile Corp. - December 21, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to provide a year-end update on its exploration activities for its Troilus-Frotet area properties (Pallador and Bullseye). A map showing locations of areas discussed herein is provided below.
Dec 03, 2020 08:00 am ET
UrbanGold Commences Drilling at Pallador-Regnault
Ottawa, Ontario--(Newsfile Corp. - December 3, 2020) - UrbanGold Minerals Inc. (TSXV: UGM)  ("UrbanGold" or the "Company") is pleased to report the start of its drill program today on the Regnault block located immediately south and on strike of the current extent of Kenorland Minerals Ltd. ("Kenorland") recent major gold discovery, which includes an intersection of 8.47 g/t Au over 29 metres, located further north (Kenorland July 29, 2020 news release).
Nov 16, 2020 08:00 am ET
UrbanGold Announces Drill Program at Pallador-Regnault
Ottawa, Ontario--(Newsfile Corp. - November 16, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that it has secured a drill for its upcoming drilling program located approximately 400m south and on strike of the current extent of Kenorland Minerals Ltd. ("Kenorland") recent major gold discovery, which includes an intersection of 8.47 g/t Au over 29 metres located further north (Kenorland July 29, 2020 news release).
Oct 29, 2020 08:00 am ET
UrbanGold Completes Geophysics, Outlines Drill Targets at Pallador-Regnault
Ottawa, Ontario--(Newsfile Corp. - October 29, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that it has received a detailed interpretation of the induced polarization ("IP") survey it recently completed on a portion of its 100%-owned Pallador property (the "Property") in the Troilus-Frotet area, Quebec. The IP survey was completed in the Regnault area, and along strike with and 400 metres south of Kenorland Minerals Ltd. ("Kenorland") drilling that has initially outlined their recent discovery (Kenorland August 31, 2020 news release), and over ground where the Company had previously identified several gold anomalies in soil samples (UrbanGold September 8th, 2020 news release).
Oct 27, 2020 08:00 am ET
UrbanGold to Undertake Surface Geophysics in Preparation for Drilling at Cressida
Ottawa, Ontario--(Newsfile Corp. - October 27, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") and Argonaut Gold Inc. ("Argonaut") (TSX: AR) are pleased to announce the start of a line-cutting and surface geophysics program on the 50-50 joint venture, 8,642.8-hectare Bullseye property (the "Property") in preparation for ground geophysics. The 36.8 km grid will cover most of the Cressida block located approximately 14 km southwest of the former producing Troilus Gold-Copper mine and 100 kms north of Chibougamau, Quebec.
Oct 21, 2020 08:00 am ET
Urbangold and Northcore Sign Option Agreement for the Monaco Property
Ottawa, Ontario--(Newsfile Corp. - October 21, 2020) -  UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") and Northcore Resources Inc. ("Northcore") are pleased to announce the signing of an option agreement between the companies regarding the acquisition of the Monaco property ("The Property"). The Property is located in the Lower James Bay area of Quebec approximately 200 km ENE of Val d'Or and 80 km south of Chibougamau. The Property consists of one hundred and forty-nine (149) mostly contiguous Map-Designated Cells covering an area of 8,375.37 hectares.
Oct 02, 2020 08:00 am ET
UrbanGold Engages MI3 for Investor Relations Services
Ottawa, Ontario--(Newsfile Corp. - October 2, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that it has entered into an investor relations agreement (the "Agreement") with MI3 Communications Financieres Inc. ("MI3").
Sep 29, 2020 08:00 am ET
UrbanGold Announces the Start of Ground Geophysics at Pallador
Ottawa, Ontario--(Newsfile Corp. - September 29, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce the start of a ground induced polarization ("IP") geophysics program on the Company's 100%-owned Pallador property in the Troilus-Frotet area, Quebec. The area targeted by the survey is interpreted to be on strike and located as close as 400 metres from the recent drilling completed by Kenorland Minerals which announced a major gold discovery in the area. Kenorland's drilling intersected 8.47 g/t Au over 29 metres with numerous other holes in the area having intersected gold values of interest (Kenorland Minerals July 29, 2020 news release).
Sep 10, 2020 04:30 pm ET
UrbanGold Announces Closing of Private Placement with Palisades Goldcorp and Corporate Update
Ottawa, Ontario--(Newsfile Corp. - September 10, 2020) -  September 10, 2020 - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce the closing of a non-brokered private placement (the "Private Placement") for $1,000,000 with Palisades Goldcorp Ltd. ("Palisades") by issuing 4,166,667 units of the Company (the "Units") priced at $0.24 per Unit. The Units are comprised of one (1) common share of the Company ("Common Share") and one (1) Common Share purchase warrant ("Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share for $0.36 expiring 36 months from the date of the closing of the Private Placement. The Units are subject to a four month hold period from the date of the closing of the Private Placement. Completion of the Private Placement is subject to regulatory approval including, but not limited to, the approval of the TSX Venture Exchange.
Sep 08, 2020 12:01 pm ET
UrbanGold Identifies Two High Priority Gold in Soil Targets at Pallador Main - Drilling Planned
Ottawa, Ontario--(Newsfile Corp. - September 8, 2020) -  UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that it has received a detailed interpretation report of the soil B-horizon sampling completed earlier in the summer in the northwest portion of its 100%-owned Pallador property (the "Property") in the Troilus-Frotet area, Quebec. The 659-sample survey has identified several anomalous gold targets, including two high priority targets located south and near the drilling recently completed by Kenorland Minerals, where numerous gold intersections have been reported (Kenorland Minerals August 31, 2020 news release).
Sep 03, 2020 08:00 am ET
UrbanGold Completes First Phase Drill Program on the Golden Road Block at Pallador
Ottawa, Ontario--(Newsfile Corp. - September 3, 2020) -  UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report the completion of its first phase of drilling on the Company's 100%-owned Pallador property (the "Property") in the Troilus-Frotet area, Quebec.
Sep 02, 2020 08:00 am ET
UrbanGold Announces up to 102 g/t Au in Additional Grab Samples at Pallador
Ottawa, Ontario--(Newsfile Corp. - September 2, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report additional surface exploration results on the Company's 100%-owned Pallador property (the "Property") in the Troilus-Frotet area, Quebec.
Aug 26, 2020 08:00 am ET
UrbanGold Announces a Private Placement with Palisades Goldcorp
Ottawa, Ontario--(Newsfile Corp. - August 26, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce a non-brokered private placement (the "Private Placement") for $1,000,000 with Palisades Goldcorp Ltd. ("Palisades").
Aug 11, 2020 08:30 am ET
UrbanGold Starts Phase 1 Drill Program at Pallador, Completes Additional Geophysics
Ottawa, Ontario--(Newsfile Corp. - August 11, 2020) -  UrbanGold Minerals Inc.(TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce the start of drilling operations on its 100%-owned Pallador Project (the "Property') in the Troilus area, Quebec. The diamond drill program of up to 2,500 metres will focus on gold exploration targets identified over the course of the summer and previously established targets. The Company is well funded to complete the work and additional drilling planned for later in the year.
Aug 04, 2020 10:09 am ET
UrbanGold Completes High Resolution Magnetic Survey at Pallador
Ottawa, Ontario--(Newsfile Corp. - August 4, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report it has completed a 1,866 line-km high resolution magnetic survey over large portions of its 100%-owned Pallador project (the "Property") in the Troilus area, Quebec. One portion of the area covered is located less than 700 metres from Kenorland Minerals recently announced drill results which includes an intersection of 8.47 g/t Au over 29 metres (Kenorland Minerals July 29, 2020 news release).
Jul 23, 2020 08:00 am ET
UrbanGold Announces 2,500 Metres Drill Program at Pallador in the Troilus Area
Ottawa, Ontario--(Newsfile Corp. - July 23, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report it will begin a minimum 2,500 metre drill program in August 2020 on the Company's 100%-owned Pallador Project in the Troilus area, Quebec. The upcoming drill program will test the newly discovered gold bearing quartz vein system announced yesterday where several grab samples have returned values of up to 33 g/t Au (UrbanGold July 22nd, 2020 news release).
Jul 22, 2020 08:00 am ET
UrbanGold Assays Up to 33 g/t Au in Grab Samples at Troilus-Pallador
Ottawa, Ontario--(Newsfile Corp. - July 22, 2020) -  UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report initial exploration results on the Company's 100%-owned Pallador Project in the Troilus area, Quebec.
Jul 14, 2020 04:07 pm ET
UrbanGold Announces Appointment of an Independent Director and Stock Option Grant
Ottawa, Ontario--(Newsfile Corp. - July 14, 2020) -  UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") announces the appointment of Réjean Gosselin as Independent Director of the Company subject to the TSX Venture Exchange ("TSXV") approval.
Jul 09, 2020 08:30 am ET
UrbanGold Consolidates Troilus Area Property by Acquiring Key Adjacent SOQUEM Ground
Ottawa, Ontario--(Newsfile Corp. - July 9, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce it is expanding its land position in the Troilus area by entering into a definitive agreement with SOQUEM pursuant to which it is acquiring 100% of the Dileo-Nord Property (the "Property"). The Property, consisting of 77 claims totaling 4,182 hectares, is adjacent to UrbanGold's Bullseye property on which it is in a joint venture with Argonaut Gold (see June 29, 2020 news release). As consideration for the acquisition of the Property (the "Acquisition"), UrbanGold is issuing to SOQUEM 2,154,725 common shares of the Company, valued at $400,000 and granting a 1% net smelter return royalty to SOQUEM. The Company has the right to buy back 50% of the royalty for $500,000. The Acquisition is subject to approval by the TSX Venture Exchange.
Jul 09, 2020 08:15 am ET
UrbanGold Options its Lac James Property to Goliath Resources
Ottawa, Ontario--(Newsfile Corp. - July 9, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce the signing of an option agreement (the "Option Agreement") with Goliath Resources Inc. ("Goliath") for its Lac James property (the "Property") located in the Chibougamau area, Quebec.
Jun 29, 2020 08:30 am ET
UrbanGold Minerals and Argonaut Gold Sign Joint Venture for Troilus Bullseye Project
Ottawa, Ontario--(Newsfile Corp. - June 29, 2020) -  UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") and Argonaut Gold Inc. (TSX: AR) ("Argonaut")  are pleased to report they have entered into a formal joint venture (the "Joint Venture") for the Bullseye property (the "Property") located approximately 17 km south of the former producing Troilus Gold-Copper mine and 100 kms north of Chibougamau, Quebec.
Jun 29, 2020 08:30 am ET
UrbanGold Minerals and Argonaut Gold sign Joint Venture for Troilus Bullseye Project
OTTAWA, ON, June 29, 2020 /CNW/ - UrbanGold Minerals Inc. ("UrbanGold" or the "Company") (TSXV: UGM) and Argonaut Gold Inc. ("Argonaut") (TSX: AR) are pleased to report they have entered into a formal joint venture (the "Joint Venture") for the Bullseye property (the "Property") located approximately 17 km south of the former producing Troilus Gold-Copper mine and 100 kms north of Chibougamau, Quebec.
Jun 26, 2020 08:30 am ET
UrbanGold Begins Surface Work for Gold at Kiyask
Ottawa, Ontario--(Newsfile Corp. - June 26, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") announces the start of surface work at its Kiyask property (the "Property"). The Property consists of several blocks of claims all located between 5 and 20 kilometres northeast of the Urban-Barry mill operated by Bonterra Resources.
Jun 23, 2020 08:30 am ET
UrbanGold Begins Gold Exploration at Elmer-East
Ottawa, Ontario--(Newsfile Corp. - June 23, 2020) -  UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce the commencement of its first exploration program on its 100% owned Elmer-East property (the "Property") located in James Bay, Quebec along the same greenstone belt as Azimut Exploration's Elmer recent gold discovery of 3.15 g/t Au over 102.0m in drilling (Azimut January 14, 2020 news release).
Jun 08, 2020 08:30 am ET
UrbanGold Hires Senior Technical Advisor, Increases Its Troilus Land Position and Dispatches Field Crew
Ottawa, Ontario--(Newsfile Corp. - June 8, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report it has hired geologist Robert Fraser as the Company's senior technical advisor. Mr. Fraser was directly responsible for discovery of the Troilus Mine in the late 1980s by Kerr Addison Mines Ltd.
Jun 03, 2020 04:57 pm ET
UrbanGold Announces Closing of Non-Brokered Private Placement
Ottawa, Ontario--(Newsfile Corp. - June 3, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that it has closed its previously disclosed non-brokered private placement (the "Offering") of units of the Company ("Units"), pursuant to which UrbanGold issued an aggregate of 8,000,000 Units for gross proceeds of $1,000,000. Each Unit is comprised of one common share of the Company ("Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share for $0.20 expiring 36 months from the date of the closing of the Offering.
May 26, 2020 09:00 am ET
UrbanGold Acquires Key Gold Property in the Troilus Area; Quebec Precious Metals Monetizes Non-core Asset
Ottawa, Ontario--(Newsfile Corp. - May 26, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce it is expanding its land position in the Troilus area by entering into a definitive agreement with Quebec Precious Metals Corporation ("QPM"), pursuant to which it is acquiring the Chemin Troilus Property (the "Property"). The Property, consisting of 61 claims totaling 3,314 hectares, is adjacent to UrbanGold's current land package. As consideration for the acquisition of the Property (the "Acquisition"), the Company is issuing 800,000 common shares, making a one-time cash payment of $100,000 and assuming the pre-existing 2% net smelter return royalty. The Acquisition is subject to regulatory approvals, including approval by the TSX Venture Exchange.
May 26, 2020 07:00 am ET
UrbanGold Acquires Key Gold Property in the Troilus Area; Quebec Precious Metals Monetizes Non-Core Asset
OTTAWA, ON / ACCESSWIRE / May 26, 2020 / UrbanGold Minerals Inc. ("UrbanGold" or the "Company") (TSXV:UGM) is pleased to announce it is expanding its land position in the Troilus area by entering into a definitive agreement with Quebec Precious Metals Corporation ("QPM"), pursuant to which it is acquiring the Chemin Troilus Property (the "Property"). The Property, consisting of 61 claims totaling 3,314 hectares, is adjacent to UrbanGold's current land package. As consideration for the acquisition of the Property (th
May 12, 2020 11:16 am ET
UrbanGold Announces Increase to Proposed Non-Brokered Private Placement
Ottawa, Ontario--(Newsfile Corp. - May 12, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") announces that, further to its news release dated May 11, 2020 announcing a proposed non-brokered private placement for the sale of up to 4,800,000 units of the Company (the "Units") priced at $0.125 per Unit resulting in gross proceeds of up to $600,000 (the "Offering"), the Company has increased the size of the Offering to up to 8,000,000 Units resulting in gross proceeds of up to $1,000,000.
May 11, 2020 08:30 am ET
UrbanGold Announces Proposed Non-Brokered Private Placement
Ottawa, Ontario--(Newsfile Corp. - May 11, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") announces a proposed non-brokered private placement for the sale of up to 4,800,000 units of the Company (the "Units") priced at $0.125 per Unit resulting in gross proceeds of up to $600,000 (the "Offering"). The Units will be comprised of one (1) common share of the Company ("Common Share") and one (1) Common Share purchase warrant ("Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share for $0.20 expiring 36 months from the date of the closing of the Offering.
Mar 18, 2020 08:30 am ET
UrbanGold Completes Strategic Investment by Quebec Funds, Prepares for Drill Program
Ottawa, Ontario--(Newsfile Corp. - March 18, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce a non-brokered private placement (the "Private Placement") of 1,600,000 units (the "Units") at a price of $0.125 per Unit, for gross proceeds of $200,000. Each Unit is comprised of one common share and one half-common share purchase warrant. Each full warrant will entitle the holder to acquire one additional common share in the capital of the Company at a price of $0.18 per share, for a period of 18 months from the date the Units are issued. The Units are subject to a four month and one day hold period.
Feb 04, 2020 08:30 am ET
UrbanGold drills 22 metres of 1.02 g/t gold near surface at Cressida, Troilus
Ottawa, Ontario--(Newsfile Corp. - February 4, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce results from its maiden drill program at the Cressida block, Troilus property, located near Chibougamau, Quebec, 14 kilometres southwest and on strike with the past-producing Troilus mine and within two kilometres of an all-weather road. The Cressida block is part of an option agreement with Argonaut Gold Inc.
Jan 21, 2020 04:27 pm ET
UrbanGold Announces Stock Option Grant
Ottawa, Ontario--(Newsfile Corp. - January 21, 2020) - The Board of Directors of UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") has approved, as of today, the granting of stock options (the "Options") for an aggregate of 650,000 common shares of the Company to its new Director elected at the last Annual General Meeting and its new Chief Financial Officer appointed in October 2019, in accordance with its stock option plan. The Options vest immediately, are exercisable at $0.125 per Option and have a term of 5 years. The Options are subject to the approval of the TSX Venture Exchange.
Jan 15, 2020 08:30 am ET
UrbanGold Completes Magnetic Survey at its Urban Area Kiyask Property
Ottawa, Ontario--(Newsfile Corp. - January 15, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") announces the completion of a helicopter-borne magnetic survey at its Kiyask property (the "Property") located approximately 15 kilometres northeast of the Urban-Barry mill operated by Bonterra Resources and adjacent to Osisko Mining claims where historical gold occurrences have been recorded.
Dec 30, 2019 08:00 am ET
UrbanGold Announces a Loan Financing
Ottawa, Ontario--(Newsfile Corp. - December 30, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") announces the receipt of an unsecured loan (the "Loan") in the amount of $500,000 (the "Principal Amount") from a non-related party (the "Lender"). The Loan bears an annual interest rate of 8%, payable quarterly in cash.
Dec 23, 2019 08:00 am ET
UrbanGold Intersects Gold Mineralization Below The FreeGold Zone at Troilus
Ottawa, Ontario--(Newsfile Corp. - December 23, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report partial results from its fall drill program on the Troilus Property, located near Chibougamau, Quebec. Several areas were targeted during the initial program which included the Larabel block to the north, the central Bullseye block and the Argonaut claims which are under earn-in agreement with Argonaut Gold ("Argonaut") (September 13th, 2019 news release).
Dec 17, 2019 08:30 am ET
UrbanGold completes drill program at Troilus, Cressida block
Ottawa, Ontario--(Newsfile Corp. - December 17, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report it has completed three additional holes totalling 369 metres on the Cressida block, Troilus property, located near Chibougamau, Quebec.
Dec 13, 2019 08:30 am ET
UrbanGold Drills Additional Targets at Troilus
Ottawa, Ontario--(Newsfile Corp. - December 13, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") announces it has started drilling on the Cressida block, Troilus property, located near Chibougamau, Quebec.
Dec 06, 2019 01:13 pm ET
UrbanGold Announces Closing of Brokered Private Placement
Ottawa, Ontario--(Newsfile Corp. - December 6, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce the closing of its previously announced brokered private placement led by Industrial Alliance Securities Inc. (the "Agent") as lead agent and sole bookrunner for the sale on a best efforts basis of 2,680,000 units of the Company ("Units") and 5,604,668 common shares issued on a flow-through basis (the "Flow-Through Shares") for gross proceeds of $1,175,700.20 (the "Offering"). Each Unit is comprised of one (1) common share of the Company ("Common Share") and one-half of one (1/2) Common Share purchase warrant ("Warrant"). Each whole Warrant entitles the holder thereof to purchase one Common Share for $0.18 expiring 18 months from the date of the closing of the Offering. Directors, officers and other insiders subscribed for a total of 5.8% of the gross proceeds of the Offering.
Nov 21, 2019 11:34 am ET
UrbanGold Completes Drilling in the Troilus Area and Modifies Terms of Recently Announced Private Placement
Ottawa, Ontario--(Newsfile Corp. - November 21, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that it has completed its first phase of diamond core drilling on its Troilus area properties (the "Property") with a total of 3,562 metres. 2,537 samples were taken from the drill core and are currently at the laboratories in Val d'Or pending assaying.
Oct 22, 2019 08:30 am ET
UrbanGold Announces Proposed Brokered Private Placement
Ottawa, Ontario--(Newsfile Corp. - October 22, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that it plans to complete a brokered private placement led by Industrial Alliance Securities Inc. (the "Agent") as lead agent and sole bookrunner for the sale on a best efforts basis of a minimum of 4,000,000 units of the Company (the "Units") to a maximum of 8,000,000 Units priced at $0.125 per Unit resulting in gross proceeds of a minimum of $500,000 to a maximum of $1,000,000 and a minimum of 5,000,000 common shares of the Company issued on a flow-through basis (the "Flow-Through Shares") to a maximum of 8,333,333 Flow-Through Shares priced at $0.15 per Flow-Through Share resulting in gross proceeds of a minimum of $750,000 to a maximum of $1,250,000 (the "Offering"). The Units will be comprised of one (1) common share of the Company ("Common Share") and one-half of one (1/2) Common Share purchase warrant ("Warrant"). Each whole Warrant entitles the holder thereof to purchase one Common Share for $0.18 expiring 18 months from the date of the closing of the Offering.
Oct 07, 2019 04:30 pm ET
UrbanGold Announces Acceptance of Option Agreement
Ottawa, Ontario--(Newsfile Corp. - October 7, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company" is pleased to announce that, further to its news release dated September 13, 2019, it has received acceptance from TSX Venture Exchange Inc. to the option agreement dated September 4, 2019 (the "Agreement") with gold producer Argonaut Gold Inc. Pursuant to the Agreement, UrbanGold has issued 250,000 common shares of the Company to Argonaut Gold Inc., which are subject to a four month hold period from the date of issuance.
Oct 01, 2019 08:30 am ET
UrbanGold Announces New Chief Financial Officer
Ottawa, Ontario--(Newsfile Corp. - October 1, 2019) -  UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that, subject to regulatory approval, Vatche Tchakmakian has joined the Company as Chief Financial Officer and Corporate Secretary, effective October 1, 2019.
Sep 26, 2019 08:30 am ET
UrbanGold Makes 11 New Gold, Silver and Copper Discoveries in the Troilus Area
Ottawa, Ontario--(Newsfile Corp. - September 26, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to provide an update on its current gold exploration activities at the Bullseye and Larabel blocks located in the Troilus area, in James Bay region, Quebec where drilling has recently begun (See September 25, 2019 News Release). The Bullseye Project totals 110 claims centrally located at the heart of the Troilus mineral belt. A portion of the Property is under option from Argonaut Gold (See September 13, 2019 News Release).
Sep 25, 2019 08:00 am ET
UrbanGold Commences Drilling on its Bullseye and Larabel Blocks in the Troilus Area
Ottawa, Ontario--(Newsfile Corp. - September 25, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report the start of its 2019 drill program on its Bullseye and Larabel blocks located in the Troilus area, in James Bay region, Quebec.
Sep 13, 2019 08:00 am ET
UrbanGold and Argonaut Gold Agree to Combine Troilus Area Exploration, 3,000 Metres Drill Program to Start on Gold Targets
Ottawa, Ontario--(Newsfile Corp. - September 13, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce the signing of an option agreement dated September 4, 2019 (the "Agreement") with gold producer Argonaut Gold Inc. (TSX: AR) ("Argonaut"), an arm's length party, to earn a 50% interest in their claims, combining properties to form the Bullseye Project (the "Bullseye Project"), located approximately 17 km south of the former Troilus Gold-Copper Mine in James Bay region, Quebec. As part of the transaction, a 50% interest in the surrounding claims under UrbanGold's control will be granted to Argonaut once the conditions listed above are fulfilled.
Aug 29, 2019 08:30 am ET
UrbanGold Undertakes Ground Geophysics in Preparation for Drilling in Troilus, Baie James and Completes Acquisition of Mineral Claims
Ottawa, Ontario--(Newsfile Corp. - August 29, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce the start of ground geophysical surveys on its recently acquired Troilus group of properties, in the James Bay region, Quebec.
Aug 06, 2019 08:30 am ET
UrbanGold Further Expands its Gold Property at Troilus, Announces Upcoming Diamond Drilling Programs
Ottawa, Ontario--(Newsfile Corp. - August 6, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce the expansion of its property in the Troilus area ("the Project") located north of Chibougamau, Quebec and the upcoming start of a drill program on the Project. UrbanGold considers the Project to be a high priority project to compliment the Monaco and StarGold properties.
Jul 18, 2019 08:30 am ET
UrbanGold expands its position in the Troilus area, immediately commences surface exploration
Ottawa, Ontario--(Newsfile Corp. - July 18, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report it has significantly expanded its land position in the Troilus area with the acquisition of 56 new mineral claims totalling 3,046 hectares.
Jul 15, 2019 04:30 pm ET
Urbangold Appoints Mathieu Stephens as a Director
Ottawa, Ontario--(Newsfile Corp. - July 15, 2019) - UrbanGold Minerals Inc. ("UrbanGold" or the "Company") (TSXV: UGM) is pleased to announce, subject to regulatory approval, the appointment of its Chief Executive Officer and Vice President of Exploration, Mathieu Stephens, P.Geo to the board of directors of the Company, effective immediately.
Jun 06, 2019 08:30 am ET
UrbanGold Consolidates its Mercier Rare Earth Property
Ottawa, Ontario--(Newsfile Corp. - June 6, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that is has acquired additional claims to enlarge its Mercier property, a Rare Earth Elements ("REE") project located south of the Windfall-Urban area and next to its 100% owned StarGold project. The Mercier property was originally acquired in 2016 and an additional 19 claims have been acquired through map staking. Once pending claims have been approved, the Mercier property will total 38 claims totalling 2,170 hectares.
May 30, 2019 08:30 am ET
UrbanGold Mobilizes to Monaco in Urban-Windfall and Closes Financing with Quebec Funds
Ottawa, Ontario--(Newsfile Corp. - May 30, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that field crews have mobilized to its 100% owned Monaco, 17,231.4-hectare property located in the Windfall-Urban area in Quebec to commence exploration work. This program will be run in parallel to the exploration currently ongoing on the StarGold property (See May 23, 2019 UrbanGold press release).
May 23, 2019 08:30 am ET
UrbanGold starts its 2019 field exploration program at StarGold
Ottawa, Ontario--(Newsfile Corp. - May 23, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that it has commenced field operations on its 100% owned StarGold property in Quebec (the "Property") where a large angular boulder which reportedly analyzed 279 g/t gold along with variable amounts of silver, copper and zinc in grab samples (See February 21, 2019 UrbanGold press release).
May 14, 2019 08:30 am ET
UrbanGold Completes Airborne Geophysics at StarGold
Ottawa, Ontario--(Newsfile Corp. - May 14, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that a 640 line-kilometre helicopter-borne electromagnetic survey has been completed on its 100% owned StarGold property in Quebec (the "Property"). The survey has located several conductors located up-ice from the large angular boulder from which grab samples reportedly analyzed 279 g/t gold along with variable amounts of silver, copper and zinc (See February 21, 2019 UrbanGold press release).
May 07, 2019 08:30 am ET
UrbanGold Announces Strategic Investment by Quebec Funds
Ottawa, Ontario--(Newsfile Corp. - May 7, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce a non-brokered private placement (the "Private Placement") of up to 5,454,545 units (the "Units") at a price of $0.11 per Unit, for gross proceeds of up to $600,000. Each Unit is comprised of one common share and one share purchase warrant. Each warrant will entitle the holder to acquire one additional common share in the capital of the Company at a price of $0.16 per share, for a period of two years from the date the Units are issued.
Apr 24, 2019 08:30 am ET
UrbanGold to Undertake Airborne Geophysics at StarGold
Ottawa, Ontario--(Newsfile Corp. - April 24, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that it will commence a helicopter-borne geophysical survey on its 100% owned StarGold property, located in Quebec (the "Property"). The 809 line-kilometre electro-magnetic survey is designed to cover the entire Property, and has an objective of identifying the potential source of a large angular boulder from which grab samples reportedly analyzed 279 g/t gold along with variable amounts of silver, copper and zinc (See February 21st, 2019 UGM press release).
Mar 05, 2019 11:50 am ET
UrbanGold Engages First Canadian Capital Corp. for Market Awareness Following Its IPO
Ottawa, Ontario--(Newsfile Corp. - March 5, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Corporation")  is pleased to announce that following its recent IPO (Initial Public Offering) it has entered into an investor relations agreement (the "Agreement") with First Canadian Capital Corp. ("FCCC") to provide market awareness services. The Agreement dated March 4, 2019 is for a period of 12 months at a fee of $6,000 per month. Pursuant to the Agreement, UrbanGold has granted a stock option to FCCC to purchase 350,000 shares at an exercise price of $0.135 per share which shall vest at to one-quarter immediately and one-quarter on the three month, six month and 12 month anniversaries of the grant date.
Mar 05, 2019 08:00 am ET
UrbanGold Adds Key Claims to Its Troilus Property
Ottawa, Ontario--(Newsfile Corp. - March 5, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce it has acquired, through map designation, 11 additional claims in the Troilus area bringing its total land package to 73 claims or 3,970 hectares for the property.
Feb 22, 2019 08:30 am ET
UrbanGold Grants Stock Options
Ottawa, Ontario--(Newsfile Corp. - February 22, 2019) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") announces that the Board of Directors of the Company has approved the granting of stock options totaling 1.65 million to directors, officers, and consultants of the Company effective February 21, 2019. These options have been priced at $0.135 and have an expiry date of February 21, 2024. The options vest immediately. The options are granted pursuant to the Company's Stock Option Plan and will be subject to applicable regulatory hold periods.
Feb 21, 2019 12:36 pm ET
Acquisition of High Grade Gold Boulder Property in the Urban Area
UrbanGold Minerals Inc. ("UrbanGold" or the "Company” | TSXV: UGM) is pleased to announce the acquisition of the StarGold property consisting of 105 claims (5990 hectares) in the area of the Urban-Windfall Gold Camp. The historical discovery was...
Feb 15, 2019 08:30 am ET
UrbanGold Appoints Mathieu Stephens as CEO
UrbanGold Minerals Inc. ("UrbanGold" or the "Company” | TSXV: UGM) is pleased to announce, subject to regulatory approval, the appointment of its Vice President of Exploration, Mathieu Stephens to the position of Chief Executive Officer (CEO),...
Feb 08, 2019 05:22 pm ET
UrbanGold Announces Resignations of Directors and Officers and Appointment of Interim Chief Executive Officer and Director
UrbanGold Minerals Inc. ("UrbanGold" or the "Company” | TSXV: UGM) announces that Trevor Richardson has indicated his intention to resign as Chief Executive Officer and a director of the Company, Laurie Meloche has resigned as Vice-President,...
Jan 24, 2019 01:54 pm ET
UrbanGold Launches Its New Website
UrbanGold Minerals Inc. ("UrbanGold" or the "Company” | TSXV: UGM) is pleased to announce the launching of its new website, and invites its shareholders and investors to peruse www.urbangoldminerals.com The clean uncluttered design with easy...
Jan 14, 2019 08:27 pm ET
UrbanGold Appoints Mathieu Stephens as Vice President of Exploration
UrbanGold Minerals Inc. ("UrbanGold" or the "Company” | TSXV: UGM) is pleased to announce the appointment of Mathieu Stephens, P. Geo to the position of Vice President, Exploration. Mr. Stephens is a professional geologist with over 15 years of...
Dec 28, 2018 03:23 pm ET
IIROC Trading Resumption - AUN; UGM
VANCOUVER, Dec. 28, 2018 /CNW/ - Trading resumes in:
Dec 28, 2018 02:08 pm ET
UrbanGold Completes IPO and Raises $2,479,935
UrbanGold Minerals Inc. ("UrbanGold" or the "Company” | TSXV: UGM) is pleased to announce that it has closed its initial public offering (“the Offering”). The investors subscribed for $2,479,935 representing approximately 83% of the maximum size...
Dec 27, 2018 08:46 pm ET
UrbanGold Announces Issuance of “Bonus Shares” to Jens Hansen
UrbanGold Minerals Inc. (“UrbanGold” or the “Company” / TSXV: UGM) announces that it has issued 300,000 common shares (the “Common Shares”) to Jens Eskelund-Hansen, the Chairman of the Board of UrbanGold. Mr. Hansen is party to an amended and...
Dec 27, 2018 06:50 am ET
IIROC Trading Halt - UGM
VANCOUVER, Dec. 27, 2018 /CNW/ - The following issues have been halted by IIROC: