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Last C$0.07 CAD
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As of 2:25 PM 05/25/15 All times are local (Market data is delayed by at least 15 minutes).

angel gold corp (ANG) Snapshot

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06/11/14 - C$0.11
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angel gold corp (ANG) Details

Angel Gold Corp., a precious metals exploration company, engages in the acquisition and development of gold properties. Its property portfolio includes the El Porvenir, El Pino West, and Heliconia projects located in Colombia. The company was formerly known as Caerus Resource Corporation and changed its name to Angel Gold Corp. in October 2012. Angel Gold Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada.

Founded in 1988

angel gold corp (ANG) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

angel gold corp (ANG) Key Developments

Angel Gold Corp. Commences Initial Exploration Program on El Porvenir Project in Colombia

Angel Gold Corp. has commenced its initial exploration program on the company's El Porvenir Project in Colombia. A program of active stream sediment sampling from 80 sites at an average sample spacing of 1.4 samples per square kilometer was recently completed and was the first geochemical exploration program completed over the entire El Porvenir project area. Previous exploration had been confined primarily to areas with high grade gold - silver veins. It is believed that in addition to the narrow-vein high-grade gold and silver structurally hosted mineralization, the project area also holds potential for bulk tonnage targets. Two kilograms of -2mm material was collected at each sampling site and the -80# fraction of each is being assayed for gold plus a multi-element suite of 51 elements, which will enable the entire project area to be evaluated for element zonation patterns indicative of mineralized centers as yet still largely unexposed as well as those exposed at the surface. Each site also had a pan-concentrate collected for on-site examination including a count of gold grains. Additional pan concentrates were collected in areas in which visible gold was observed in the initial pan concentrates to confirm the gold in the initial concentrate was not an isolated occurrence. The 80 samples and 12 QAQC samples have been delivered to ALS Medellin Colombia for sample preparation prior to dispatch to ALS in Lima, Peru, for assaying. Observation of stream float and outcrop during the sampling program showed a zone of silicification and pervasive calcite and calcite-sericite alteration occurring in numerous locations. Calcite and calcite-sericite alteration is believed to be the alteration halo to silicified zones and quartz veining. Chlorite-epidote alteration sometimes with associated pyritization of mafic rocks was also noted in several locations. Numerous additional, previously unlocated artisanal hardrock and alluvial workings were noted, including an active artisanal gold mine developed on a sulphide-bearing calcite vein (rather than the usual calcite bearing quartz veining). The results for previous soils sampling programs by Mineros on 500m x 500m sample spacing plus a limited area of 200m x 50m sample spacing, both restricted to the extreme west of El Porvenir concessions, have indicated anomalism warranting follow-up. This anomalism will be integrated with and prioritized after evaluation of the stream sediments results for the tenement as a whole.

Angel Gold Corp. Auditor Raises 'Going Concern' Doubt

Angel Gold Corp. filed its Annual on Apr 30, 2015 for the period ending Dec 31, 2014. In this report its auditor, Smythe Ratcliffe, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Angel Gold Corp. Announces Historic Drill Hole Silver Values from its El Porvenir Project in Colombia

Angel Gold Corp. announced high grade silver values from its data review of Mineros drill core sampling on the company's the El Porvenir Project in Colombia. Two of its prospects, Bominas and Guayabales, which occur some 2.7km apart, and on opposing sides of the major Bagre Fault, report substantial silver values in silver-dominant mineralization. Additionally high-grade gold-silver mineralization was also intersected by Mineros at the Bominas Prospect. Bominas high-grade mineros silver-dominant drill intercepts: RCGDDH023 - 1.70m @ 1210g/t Ag, 0.05 g/t Au from 97.9 to 99.6m – pyritic fractures in gneiss; RCGDDH009 - 1.88m @ 420g/t Ag, 0.01g/t Au from 22.22 to 24.10m - oxidized sulfidic fractures in weathered gneiss; and RCGDDH009 - 1.45m @ 441g/t Ag, 0.01g/t Au from 39.95 to 41.40m – pyritic fractures in gneiss. Bominas high-grade mineros gold-silver drill intercepts: RCGDDH009 - 2.35m @9.74g/t Au, 0.8g/t Ag from 114.49 to 116.84m –quartz veined gabbro; RCGDDH016 - 2.25m @ 23.1g/t Au, 13.5g/t Ag from 31.00 to 33.25m - oxidized sulfidic fractures in diorite dyke; and RCGDDH017 - 1.00m @ 39.40g/t Au, 15.7 g/t Ag from 83.4 to 84.4m – quartz vein. Guayabales significant mineros silver/gold drill intercepts: RBGDDH039 - 0.65m @ 73.4g/t Ag, 0.41g/t Au from 64.45 to 65.10m – quartz vein; RBGDDH045 - 0.30m @ 88.0g/t Ag, 0.03g/t Au from 60.25 to 60.55m - bleached silicified zone; RBGDDH046 - 0.40m @ 35.9g/t Ag, 1.19g/t Au from 45.90 to 46.30m – quartz vein; and RBGDDH049 - 9.00m @ 88.9g/t Ag, 0.76g/t Au from 27.15 to 36.15m -bleached silicified zone.


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