20262 releases
BG Gold Appoints CFO and Expands Project
ManagementBG Gold Concludes Milestone 2025
Corporate
20254 releases
BG Gold Announces 2025 Exploration Programme
A 2025 summer exploration programme has begun at the Whale Cove Project south of Rankin Inlet, Nunavut, running from June to October, with the summer field camp now open. The programme includes 2,000m–3,000m of drilling across three additional principal targets, some with field samples above 250 g/t and as high as 9,100 g/t, plus about 1,000m of confirmation and metallurgical drilling at the Vickers deposit. Vickers hosts 1.5 Moz at 2.0 g/t Measured and Indicated and 0.9 Moz at 1.8 g/t Inferred.
Drill resultsBG Gold Announces Significantly Improved Mineral Resource
A new NI 43-101 mineral resource for the Vickers deposit at the Whale Cove Project in Nunavut, effective February 14, 2025, contains 23.7 Mt at 2.01 g/t for 1.53 Moz gold in Measured and Indicated categories, plus 16 Mt at 1.77 g/t for 0.91 Moz Inferred, at a 0.90 g/t cut-off within a pit shell using US$2,300/ounce gold. The Historic 2020 Resource was 1.58 Moz at 2.20 g/t, all Inferred. The technical report will be filed within 45 days.
Resource updateBG Gold Appoints New Director
Dr. Marie Delorme has been appointed a Director of BG Gold Capital II Corp. She is CEO of The Imagination Group Inc. and serves on the boards of Premium Brands Holding Corporation and the Donner Canadian Foundation, as well as the National Indigenous Economic Development Board. BG Gold owns the Whale Cove Gold Project, a 781 km2 contiguous claim area in Nunavut, Canada, with a historical inferred estimate of 1.58 Moz gold in 22,370,000 tonnes at 2.20 g/t Au.
ManagementBG Gold Appoints Vice President of Exploration
Brian May, P.Geo., has been appointed Vice President of Exploration of BG Gold Capital II Corp. He has over 20 years of mineral exploration experience, most recently as Exploration Manager, Nunavut for B2Gold Corp. and Sabina Gold and Silver Corp. on the Back River Gold District properties, with prior senior roles at Triumph Gold, Elko Mining Group and New Gold. The company owns the 781 km² Whale Cove Gold Project in Nunavut, Canada.
Management
20247 releases
BG Gold Announces Completion of Successful Exploration Programme
An 8,230 m drilling programme has been completed at the Vickers deposit on the Whale Cove Project (formerly Pistol Bay) in Nunavut, Canada, extending mineralisation down-plunge by up to approximately 200 m and to a vertical depth of 600 m. Intersections near the main deposit included 71 m @ 3.5 g/t (including 26 m @ 7.0 g/t) in 24PB109, 30 m @ 8.2 g/t (including 3 m @ 69.4 g/t) in 24PB107, and 14 m @ 4.3 g/t in 24PB110. The data will be assessed for a potential current mineral resource estimate.
Drill resultsBG Gold Receives a DIG Grant from the Government of Nunavut
Funding of up to C$250,000 has been awarded to BG Gold Capital II Corp. under the Discover, Invest, Grow (DIG) programme of the Nunavut Exploration Support Program, administered by the Government of Nunavut Department of Economic Development and Transportation. The money will support exploration at the Whale Cove Project, a 781 km2 contiguous claim area near Whale Cove, Nunavut. The project's Vickers target holds a historical inferred estimate of 1.58 Moz gold in 22,370,000 tonnes at 2.20 g/t Au.
CorporateBG Gold Delegation Visits Nunavut and Signs Community Agreement with Whale Cove
A community support agreement has been signed with the Hamlet of Whale Cove, Nunavut, providing annual financial support plus additional support linked to the extent of annual exploration activity at BG Gold's Whale Cove Gold Project (formerly Pistol Bay), along with a commitment to employ Whale Cove residents where possible. The 2024 drill program will test extensions of high-grade zones at Vickers with deeper diamond drilling, with results expected in the third and fourth quarters of 2024.
CorporateBG Gold Accelerates Exploration Programme
A second drill rig has been deployed at the Whale Cove Project (formerly Pistol Bay) in Nunavut, arriving 21 July and drilling into bedrock by 27 July. The programme, begun 18 June, targets 8,500 metres at the Vickers deposit, with the first rig having completed three holes totalling 1,893 metres and visible gold seen in core. Results are expected across the third and fourth quarters of 2024.
Drill resultsBG Gold Begins Significant Exploration Programme
Drilling has started on the 2024 programme at the Whale Cove Project (formerly Pistol Bay) in Nunavut, Canada, with one rig active and a second to be deployed in the second half of July. Two rigs will target 8,500 metres between June and September 2024, testing extensions of high-grade zones down dip and down plunge beneath the previously established conceptual open-pit shell at the Vickers deposit. Results are expected across the third and fourth quarters of 2024.
Drill resultsBG Gold Set for a Significant Year of Exploration
An exploration campaign is set to run June–September 2024 at the Whale Cove Project (formerly Pistol Bay) in Nunavut, Canada, with all field personnel, equipment and service providers secured and drilling expected to begin by the end of June. The programme, described as the largest ever drilling campaign at the Vickers deposit, will test the down-plunge extension of high-grade mineralisation. BG Gold raised C$8.2m at the end of 2023.
Drill resultsIconic Mining Names Unite to Back Bacchus Capital's Whale Cove Gold project in Nunavut, Canada
A C$8.2m capital raise was completed in December 2023 to fund exploration at the Whale Cove Gold Project in Nunavut, Canada. Proceeds will finance an 8,000m–10,000m core drilling programme targeting high-grade plunge extensions at depth at the Vickers deposit, with full activities expected to commence in spring 2024. Vickers has a historical inferred mineral resource of 1.58 Moz gold in 22,370,000 tonnes at 2.20 g/t, which BG Gold is not treating as current.
Financing