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Last C$0.05 CAD
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As of 2:19 PM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

masuparia gold corp (MAS) Snapshot

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08/19/14 - C$0.10
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masuparia gold corp (MAS) Details

Masuparia Gold Corporation, an exploration stage company, explores and develops mineral properties in Canada. It primarily explores for gold deposits. The company holds interests in the Preview Lake, North Lake, and Greywacke Lake projects located in the La Ronge Gold Belt, Saskatchewan. Masuparia Gold Corporation was incorporated in 1981 and is based in Vancouver, Canada.

Founded in 1981

masuparia gold corp (MAS) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

masuparia gold corp (MAS) Key Developments

Masuparia Gold Corp. Announces an Update to the Mineral Resource Estimate for the Greywacke North Gold Deposit

Masuparia Gold Corp. announced an update to the mineral resource estimate for the Greywacke North Gold deposit (Greywacke Lake Project) which is part of the La Ronge South Gold 50/50 Joint Venture between Masuparia Gold Corporation and Golden Band Resources Inc. Project Location and Original Resource Estimate: The Greywacke Project is located approximately 85 kilometres north-northeast of the town of La Ronge and 15 kilometers northeast of the community of Missinipe, in the La Ronge Mining District, Saskatchewan. Masuparia is the operator of the Greywacke Project. The initial disclosure of a mineral resource for the Greywacke North deposit was made by the Company on April 7, 2008 through a Technical Report and Resource Estimate that is compliant to NI 43-101 reporting standards. The Greywacke North Deposit was reported to have an Indicated Mineral Resource of 184,000 tonnes grading 8.40 g/t gold (49,700 in-situ Troy ounces of gold) plus an Inferred Mineral Resource of 58,000 tonnes grading 7.29 g/t gold (13,600 in-situ Troy ounces of gold) at a cut-off grade of 5 grams gold per tonne. Quality Control: The Company has conducted 2 surface diamond drill programs (totalling 5,088.73 m and 41 drill holes - 36 on the Greywacke North deposit), additional sampling of historic drill holes (725 samples from 19 historic drill holes), surface channel sampling (64 surface saw channel samples) and an open pit bulk sample (12,154 tonnes grading 6.87 g/t gold and reported 2,533.4 troy oz gold) since the publication of the initial resource estimate on April 7, 2008. Core samples were prepared by both cutting and splitting core, keeping one half of the core for reference purposes and assaying one-half of the sampled core. During the 2008 drill program all samples were shipped to TSL Laboratories in Saskatoon, SK. Assay results were determined by fire assay and metallic screening was requested for all sections with visible gold. During the 2014 drill program all samples were sent to the Jolu Laboratory (operated by Golden Band Resources In c.). Assay results were determined by fire assay and metallic screening was requested for all samples which had fire assays over 3 g/t gold. Masuparia inserted Certified Reference Materials and blanks into sample batches for independent verification of quality control during both the 2008 and 2014 drill programs. Resource estimation was constrained by an updated three-dimensional solid (wireframe) model that has a minimum 2 metre width and was created from the most current geological information. Parameters used for this resource update generally coincide with those used for the original resource estimation by Wardrop.

Masuparia Gold Corp. Auditor Raises 'Going Concern' Doubt

Masuparia Gold Corp. filed its Annual on Jan 28, 2015 for the period ending Sep 30, 2014. In this report its auditor, Smythe Ratcliffe, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Masuparia Gold Corp. Reports Greywacke North Preliminary Drill Results

Masuparia Gold Corp. reported the preliminary assay results from the 2014 drill program completed on the Greywacke joint venture property (50% Masuparia, 50% Golden Band Resources Inc.). During April, 2014, Masuparia as operator completed 22 drill holes for a total of 2,088 metres within the Greywacke North zone. The objectives of the program were to define the margins of the zone, infill information gaps and to explore for lateral extensions. The program will assist in completing an updated resource evaluation. The results were highlighted by drill hole GW14-123 which returned an interval of 20 metres of 8.09 g/t Au including 9 metres of 13.73 g/t Au. Table 1 presents the extent of elevated gold values encountered including significant mineralized intervals. Sample analyses were completed at the Golden Band Resources Jolu Mine Laboratory. All samples returning assays greater than three g/t Au were subjected to metallic assays which were used in all calculated mineralized intervals. A QA/QC protocol, incorporating standards, blanks, and duplicates, was implemented for the drill program and a review of these control samples has raised no concerns as to the validity of the results. Because the Jolu laboratory is operated by a related party, and as should be part of any comprehensive QA/QC program, a representative number of samples will be sent to an independent laboratory for third party verification of results.


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