UrbanGold Minerals Inc.

UrbanGold Minerals Inc. is pleased to announce that it plans to complete a brokered private placement led by Industrial Alliance Securities Inc. 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 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 [...]

UrbanGold Minerals Inc. 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. About UrbanGold UrbanGold Minerals Inc. is a gold and base-metals exploration company, federally incorporated and headquartered in Ottawa, Ontario, Canada. The Company's common [...]

UrbanGold Minerals Inc. 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. Mr. Vatche Tchakmakian is a Chartered Professional Accountant with over 30 years of experience in the minerals industry. He is specialized in the field of public companies and securities regulations in Canada. He [...]

UrbanGold Minerals Inc. 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 . 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 . Exploration Highlights New [...]

UrbanGold Minerals Inc. 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. The minimum 3,000 metre diamond drill program will focus on new surface discoveries made during the summer exploration program, on geophysical targets and will also target historical occurrences. Drilling is to begin in the southern portion of [...]

UrbanGold Minerals Inc. is pleased to announce the signing of an option agreement dated September 4, 2019 with gold producer Argonaut Gold Inc. , an arm's length party, to earn a 50% interest in their claims, combining properties to form 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 [...]

UrbanGold Minerals Inc. is pleased to announce the start of ground geophysical surveys on its recently acquired Troilus group of properties, in the James Bay region, Quebec. The program follows-up on recently identified outcrops of interest containing disseminated sulphides. The program will take two weeks to complete and is designed to generate additional drill targets for an upcoming drill program consisting of a [...]

UrbanGold Minerals Inc. is pleased to announce the expansion of its property in the Troilus area 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. Highlights of the Project 79 new claims bringing total surface area to 10,525 hectares Several mineral occurrences [...]

UrbanGold Minerals Inc. 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. The new claims cover under-explored prospective ground centrally located within the Frotet greenstone belt and contain several gold, copper and silver occurrences which have never been drill tested. A field crew with two geologists has [...]

UrbanGold Minerals Inc. 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. Mr. Stephens is a professional geologist with over 15 years of exploration and management experience in both mining exploration and the securities industries. Mr [...]