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Last C$0.05 CAD
Change Today -0.005 / -10.00%
Volume 28.0K
SGG On Other Exchanges
Symbol
Exchange
Venture
OTC US
Frankfurt
As of 3:52 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

snipgold corp (SGG) Snapshot

Open
C$0.05
Previous Close
C$0.05
Day High
C$0.05
Day Low
C$0.05
52 Week High
06/10/14 - C$0.14
52 Week Low
04/23/15 - C$0.05
Market Cap
1.5M
Average Volume 10 Days
10.6K
EPS TTM
C$-0.02
Shares Outstanding
33.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SNIPGOLD CORP (SGG)

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snipgold corp (SGG) Details

SnipGold Corp., a junior mineral exploration company, is engaged in the identification, acquisition, exploration, and development of gold and copper properties in northwest British Columbia, Canada. The company also explores for magnetite, silver, and molybdenum deposits. It primarily has interests in the Iskut Property that covers an area of 286 square kilometers and is located in the Golden Triangle area, northwestern British Columbia. The company was formerly known as Skyline Gold Corporation and changed its name to SnipGold Corp. in May 2012. SnipGold Corp. was incorporated in 1999 and is headquartered in Vancouver, Canada.

Founded in 1999

snipgold corp (SGG) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: C$155.3K
Compensation as of Fiscal Year 2013.

snipgold corp (SGG) Key Developments

SnipGold Corp., Annual General Meeting, May 14, 2015

SnipGold Corp., Annual General Meeting, May 14, 2015.

SnipGold Corp. Announces Resignation of Kevin Nishi as Director

SnipGold Corp. announced that it has accepted the resignation of director Kevin Nishi effective March 03, 2015 who has served on the Board since May 2014. Mr. Nishi sites newly expanded work commitments in his practice for his departure.

SnipGold Corp. Announces Initial Results of the 2014 Exploration Programs

SnipGold Corp. announced the initial results of the 2014 exploration programs completed on the company's property. During 2014, work was carried out on the Iskut Property and the KSP Property by SnipGold, Colorado Resources Ltd. and by the British Columbia Geological Survey Branch. 2014 Field Programs: SnipGold's exploration program included: Sampling at McFadden Float Zone advances target closer to drill-ready status; Logging and sampling of historic drill hole, SK89-700, highlights possible new porphyry target; Reconnaissance traverses and sampling in area of hydrothermal alteration adjacent a newly identified structural corridor. BCGS geological mapping project on Iskut Property: outlined a new structural model for region, Sky Fault System; new geological concept has exploration implications. Details from the 2014 McFadden program are the subject of this release. The results from the rest of the 2014 programs will be released and discussed over a series of news releases expected to be issued over the next several weeks. A total of 11 float samples were collected from McFadden in 2014. The 2014 field work indicates the McFadden mineralization is structurally controlled with the likely genesis similar to that of the Snip Mine mineralization, rather than a VMS style deposit like Eskay Creek. This difference has important exploration implications. All 2014 high grade samples from McFadden display a consistent geological signature with the host rock being a light to medium gray conglomerate with well-rounded matrix-supported clasts. The matrix displays hornfels alteration; is strongly sheared; and has a moderately well-developed linear fabric. The matrix has also undergone considerable pyrite replacement. The 2014 work included an interpretation of the company's most recent orthophotos and this work suggests a southeasterly dipping alteration zone with a sharp footwall contact at the head of the glacier carrying the McFadden boulders. This structure is interpreted to strike under the glacier directly upslope from McFadden. This zone is projected to trend at roughly 120 degrees azimuth, an orientation similar to the Twin Zone at the Snip Mine. Early drill programs exploring for the bedrock source of McFadden tested the lower elevations of the glacier and were typically oriented at an azimuth perpendicular to the 060 trending structures at Johnny Mountain Mine. The possibility of McFadden having a Snip orientation, of 120 degrees azimuth, was not sufficiently tested by the early work. Follow up exploration will now set focus on mapping stratigraphy along the margins of the glacier upslope of the McFadden boulder field with special attention being paid to conglomerate horizons. Future drill testing will collar holes where these conglomerate beds are projected to intersect the interpreted McFadden structure. A mapping program and ground geophysical program carried out in this coming season may delineate drill targets ready for testing as soon as the fall of 2015. BCGS Mapping Project: The work completed by the BCGS on the Company's Property, the KSP, and the surrounding area in 2014 has highlighted a significant regional structure, the Sky Fault System. This structural feature is considered to play a significant role in the mineralizing events as well as post mineral displacement.

 

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