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Last C$0.16 CAD
Change Today 0.00 / 0.00%
Volume 0.0
As of 10:37 AM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

algold resources ltd (ALG) Snapshot

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52 Week High
04/15/15 - C$0.35
52 Week Low
03/9/15 - C$0.12
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algold resources ltd (ALG) Details

First Uranium Corporation does not have significant operations. The company is investigating alternatives, which include the prospects for a business combination or sale of the company. Previously, it has operated a tailings recovery facility; and was engaged in underground mining operations in South Africa. The company was incorporated in 2005 and is based in Toronto, Canada.

algold resources ltd (ALG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$239.4K
Chief Financial Officer
Total Annual Compensation: C$191.6K
Compensation as of Fiscal Year 2014.

algold resources ltd (ALG) Key Developments

Algold Resources Ltd. Auditor Raises 'Going Concern' Doubt

Algold Resources Ltd. filed its Annual on Apr 29, 2015 for the period ending Dec 31, 2014. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Algold Resources Ltd., Annual General Meeting, Jun 22, 2015

Algold Resources Ltd., Annual General Meeting, Jun 22, 2015., at 10:00 US Eastern Standard Time. Location: offices of BCF LLP. Agenda: To receive the audited financial statements for the financial year ended December 31, 2014, together with the auditor's report thereon; to appoint auditors for the ensuing year and to authorize the directors to fix the remuneration to be paid to the auditors; to elect directors for the ensuing year; to re-approve the corporation's stock option plan; and to transact such other business as may properly be transacted at such meeting or at any adjournment thereof.

Algold Resources Ltd. Announces the Final Results from the Fourth Quarter 2014 Exploration Program at its Legouessi Property in Mauritania

Algold Resources Ltd. announced the final results from the fourth quarter 2014 exploration program at its Legouessi property in Mauritania. Numerous quartz veins were transected in the trenches, which are situated between the NL and SL prospects. Results include gold values of up to 57.2 g/t Au in rock chips and values of up to 7.3 g/t Au over two metres from samples taken at the base of trench TR02 some 400 metres to the northeast in the extension of the main mineralized zone of NL. The results indicate that the gold mineralized system at NL is present in numerous zones between Caracal holes NL03 and NL08 and has a northeasterly lateral extension of a minimum of 600 metres. Further, the continuous success of Algold to identified gold and to a lesser extent base metals (Cu, Zn, Pb) mineralised veins throughout the 15 kilometres strike between the NL and SL prospects illustrate the exceptional potential of this trend, which is characterised by a prominent northwesterly structure which conjugate at NL with a northeasterly structure. The infill rock chip sampling and trenching program consisted of a total of 3,460 metres of trenching, from which 1,132 composite two-metre channel samples were collected at the base of the trenches. The Corporation sent 963 samples for gold analysis and 169 samples were analysed for gold and 36 elements (ALS ICP-41). Partial results from the 170 rock chip sampling and infill soil geochemical program were released on January 27, 2015.


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