Karus Mining Inc.

Karus Gold Corp. announces it has signed a non-binding arm's length Letter of Intent to be acquired by Kenadyr Metals Corp. Per the LOI, Kenadyr will acquire 100% of the issued and outstanding common shares of Karus via a Kenadyr issuance of common shares resulting in a reverse takeover by Karus. The resulting issuer will be Kenadyr Metals Corp., a Tier 2 TSX-V listed company. All dollar amounts are Canadian [...]

Karus Gold Corp. is pleased to announce that it has filed on SEDAR an independent technical report titled "Technical Report on the South Cariboo Property, British Columbia, Canada" effective June 1, 2022, and dated June 6, 2022. The Technical Report was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. The Technical Report is available for download under the [...]

Karus Gold Corp. announces submission of an updated listing application to the TSX Venture Exchange. Following review and approval by the TSX-V, Karus Gold shares will be listed on the TSX-V under the trading symbol "KARG". Karus Gold expects the listing process to be complete by the fall of 2022, subject to approval by the TSX-V. The Company also announces that Andrew Kaip will be stepping down as CEO to pursue [...]

Karus Gold Corp. announces additional high-grade gold drill results including 13.9 meters of 3.01 grams per tonne gold within a broader interval of 74.3 m of 1.06 g/t gold confirming the presence of high-grade gold corridors below historical drilling at the FG Gold Project , part of the Company's 1,000 square kilometer South Cariboo Gold District in British Columbia . Highlights FG-21-402 confirms continuity of Vein [...]

Confirms Continuity of Higher-Grade Gold Corridor and Provides Corporate Update Karus Gold Corp. announces additional high-grade gold drill results from its 2021 drill program, including 17.87 meters of 2.23 grams per tonne gold within a broader interval of 59.35 m of 1.13 g/t gold. These results further confirm the presence of high-grade gold corridors below historical drilling at the FG Gold Project , part of the [...]

Proceeds to Advance the Company's South Cariboo District Gold Project All numbers reference are in Canadian dollars Karus Gold Corp. is pleased to announce that it has entered into an agreement with Eight Capital, on behalf of a group of agents to act as lead agent and sole bookrunner in connection with a private placement for aggregate gross proceeds of up to $3,000,000 . The Company is also pleased to announce that [...]

Karus Gold Corp. announces additional high-grade gold drill results including 6.5 meters of 9.55 grams per tonne gold within a broader interval of 35.4 m of 2.94 g/t gold confirming the presence of new high-grade gold corridors below historical drilling at the FG Gold Project, part of the Company's 1,000 square kilometer South Cariboo Gold District. Highlights FG-21-401 confirms the continuity of Corridor 1 gold [...]

Karus Gold Corp. announces the appointment of Joe Ovsenek and Cathy McLay to the Board of Directors. The new Board additions are independent and will strengthen governance and help deliver on the vision of building Karus into a leading BC gold explorer. Current directors James Hynes, Scott Trebilcock, David Whittle and CEO Andrew Kaip round out the Board that is expected to take Karus Gold public in H1 2022. "I am [...]

Karus Gold Corp. is pleased to announce the results from its summer 2021 drill program at its Gold Creek gold project part of the Company's 1,000 square kilometers South Cariboo Gold District. A total of 1,389 meters in five diamond drill holes was completed at Gold Creek between mid-June and early July 2021, including hole GC-21-049 that returned 0.74 grams per tonne gold over 46.4 m within a broader envelope of [...]

Karus Gold Corp. is pleased to announce that is has closed two financings with total gross proceeds of $237,270. The first offering was by way of a private placement issuing 281,400 units at a price of C$0.55 per Unit for gross proceeds of C$154,770 in connection with an Offering Memorandum that was filed on SEDAR under the profile of the Company, which can be viewed or downloaded at www.sedar.com. The second [...]