Bekanntmachung • May 06
Ranchero Gold Corp., Annual General Meeting, Jun 30, 2026 Ranchero Gold Corp., Annual General Meeting, Jun 30, 2026. New Risk • May 05
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$79k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$346k free cash flow). Shares are highly illiquid. Negative equity (-CA$79k). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.53m market cap, or US$2.59m). Bekanntmachung • Jun 10
Ranchero Gold Corp. Announces Board and Committee Changes Ranchero Gold Corp. announced the appointment of Andrew Wilson as an independent director of the Company and as chair of the Audit Committee of the company also announced that Martyn Buttenshaw has resigned as a director, officer and employee of an affiliated entity of the Company. Martyn Buttenshaw remains as a director of the Company. Mr. Wilson is the founder and director of Stellium, a company providing business development, communication, investor access, and corporate advisory services to growth companies. Prior to founding Stellium, Andrew spent 14 years working in capital markets roles focused primarily on growth companies and natural resources. He has extensive experience in capital raising for mining, oil and gas, and renewable energy businesses both privately and also listed on public exchanges (AIM, TSX and ASX). Previous roles included running the UK office for the independent Canadian investment dealer Haywood Securities, as a Director in CIBC’s Institutional Equities Division specializing in mining equities, and as the mining specialist salesperson for a leading small-mid cap Stockbroking firm in London. Andrew started his career in Investment Management focused on large cap European Equities with a major Japanese Bank in London. Mr. Wilson is the past Chairman of the Audit Finance and Governance Committee for Wealden Council, in UK and also sits on the Board of a UK based pension fund managing £4.6B and previously chaired the Council’s private arm’s-length property development company. Board Change • May 12
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Independent Director Martyn Buttenshaw was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 08
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Independent Director Martyn Buttenshaw was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Independent Director Martyn Buttenshaw was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 12
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Independent Director Martyn Buttenshaw was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Mar 11
Ranchero Gold Corp., Annual General Meeting, Mar 31, 2025 Ranchero Gold Corp., Annual General Meeting, Mar 31, 2025. Location: suite 1400, 1050 west pender street, british columbia, v6e 3s7, vancouver Canada Bekanntmachung • Sep 12
An undisclosed buyer completed the acquisition of Minera y Metalurgia Paika SA de CV from Ranchero Gold Corp. (TSXV:RNCH). An undisclosed buyer signed a letter of intent to acquire Minera y Metalurgia Paika SA de CV from Ranchero Gold Corp. (TSXV:RNCH) on August 21, 2024. The transaction is subject to consummation of due diligence investigation.
An undisclosed buyer completed the acquisition of Minera y Metalurgia Paika SA de CV from Ranchero Gold Corp. (TSXV:RNCH) on September 12, 2024. New Risk • Aug 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-CA$2.9m). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.73m market cap, or US$1.27m). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (5.2% increase in shares outstanding). Bekanntmachung • Jun 15
Ranchero Gold Corp. Appoints Jesús A. Noriega Lopez as Director Ranchero Gold Corp. announced at its annual and special meeting of shareholders held on June 14, 2022, approved the appointment of Jesús A. Noriega Lopez, the Interim CEO, as a director of the Company in addition to the incumbent directors. Bekanntmachung • May 25
Ranchero Gold Corp., Annual General Meeting, Jun 14, 2023 Ranchero Gold Corp., Annual General Meeting, Jun 14, 2023, at 10:00 Pacific Daylight. Location: Suite 910 800 West Pender Street, Vancouver,BC V6C 2V6 Vancouver United States Agenda: To approve the audited consolidated financial statements of the Corporation for the financial years ended December 31, 2021 and December 31, 2022, together with the auditor reports thereon; to re-appoint Smythe LLP, as independent auditor of the Corporation for the ensuring year and to authorize the board of directors of the Corporation to fix the remuneration of the auditor; to discuss the number of directors of the Corporation at three; to elect three directors of the Corporation for the ensuring year; to consider approve the Corporation's new equity incentive plan; and to transact other matters. Bekanntmachung • Sep 15
Ranchero Gold Corp. Announces Resignation of Brian Szeto as President Ranchero Gold Corp. announced that Brian Szeto has resigned from his role as the President of the Company to focus on his other business interests. He remains on the Board of Directors and will serve as a director. Bekanntmachung • May 26
Ranchero Gold Announces Advancement of Comprehensive Reconnaissance Program At Santa Daniela Ranchero Gold Corp. provided an update of its exploration program currently underway at its 100%-owned Santa Daniela gold concessions located within the prolific Sierra Madre Occidental gold belt in Sonora, Mexico. Ranchero has successfully augmented its previous reconnaissance targeting effort in partnership with GoldSpot Discoveries (GoldSpot). New targets have been identified and previously known targets have been further refined. Initial field visits have confirmed the presence of gold in surface sampling and the development of drill targets is on-going. Geochemical data was interpreted to characterize primary lithology as well as mineral alteration assemblages. High resolution multispectral data was used for mineral identification, which is very effective for identifying regions of hydrothermal alteration associated with epithermal mineralization. Satellite imagery was also used to identify major structural trends (faulting). The GoldSpot ML prospectivity analysis uses ensemble learning, whereby multiple machine learning algorithms are used simultaneously to obtain better predictive performance. The input data layers (“training”) included Ranchero surface mapping and surface geochemical samples, largely from the Maiz Azul area. The results are “prospectivity scores”, which were generated for the entire concession block. A prospectivity score is the probability that any given pixel has the same signature as those identified as a “target” in the training analysis. The combination of the PRS and GoldSpot analyses together with other geologic factors has led Ranchero to prioritize nine targets which are now undergoing initial mapping and sampling. New results from field work in 2022 confirm the potential exploration upside of these targets. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Chris Bradbrook was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Apr 08
Ranchero Gold Corp. Provides A Summary of Its Successful Inaugural Drill Program At the Maíz Azul Prospect Ranchero Gold Corp. provided a summary of its successful inaugural drill program at the Maíz Azul prospect which is part of its 100%-owned Santa Daniela gold project located in Sonora, Mexico. The Santa Daniela concessions represents one of the largest unexplored claim blocks (>22,200 hectares) located within the prolific Sierra Madre Occidental gold belt and is surrounded by six major gold mining operations. Successful Phase I Drill Program at Santa Daniela: The Phase I drill program was designed to test two principal targets at Maíz Azul: La Colmena and La Cascada. Drilling has confirmed widespread gold mineralization at both targets and also provided confirmation that high grade mineralization exists within a lower grade halo. Highlights: Ranchero completed its Phase I drill program with total diamond core drilling of 3,112 meters which exceeded the Company’s original planned drill program due to continued exploration success. All 16 completed drill holes intersected gold mineralization confirming widespread mineralization at Maíz Azul. Near surface drill results included: 4.0 g/t gold over 31.5 meters (MA 22-10); 1.2 g/t gold over 21.2 meters (MA 21-14); 1.2 g/t gold over 15.6 meters (MA 22-25); and 1.1 g/t gold over 21.0 meters (MA 21-11). Expansion of the combined mineralized footprint at La Colmena and La Cascada to 500 meters by 550 meters where mineralization remains open in all directions. The Company’s initial focus has been on the shallow, near surface mineralization where the majority of drilling has been limited to 100 to 150 meters from surface and mineralization remains completely open at depth. During the course of the drill campaign, Ranchero geologists have expanded their understanding of the Maíz Azul prospect and how it relates to the nearby San Carlos deposit, part of the Mulatos gold mine, owned by Alamos Gold. A greater understanding of the volcanic stratigraphy has allowed Ranchero to identify both the most receptive host rocks and understand the complex post-mineralization faulting. Enhanced Geological Mapping and Update to 3D Model Underway: Ranchero is currently updating and expanding the geologic map of the Maíz Azul area beyond its previous limits – principally eastward. Upon completion, Ranchero will incorporate the new map into its three-dimensional model providing a geologic context for understanding the location of gold mineralization. The goal is to define drill targets for its upcoming Phase II campaign. Ranchero is also investigating the likelihood that out-cropping gold mineralization extends beneath the cover of volcanic rocks deposited after the gold-forming events. Ranchero believes this may greatly extend the potential footprint for gold mineralization at Maíz Azul. Phase II Drill Program Planning Underway: Planning is well underway for the Company’s Phase II drill program at Maíz Azul. Drilling priorities are to: expand the La Colmena zone eastward; initial drill testing of the X-Structure target; initiate drilling of new targets identified by the on-going modelling; and commencement of resource definition drilling. Currently, Ranchero has budgeted for a minimum 4,000 meters of combined diamond core and reverse circulation drilling. Expansion of the La Colmena zone will build upon the success of drill holes MA22-22 and MA22-23 where Ranchero believes that the principal mineralized structure continues eastward well beyond the known mineralization. The X-Structure target had been identified earlier but was not tested during the recently completed Phase I drill campaign. New targets, identified by lithologic and structural interpretation, particularly those not exposed on surface will also be tested. Finally, infill drilling at the La Colmena zone is warranted based on the successful results of the Phase I drill program. Regional Exploration Program to Unlock District Scale Potential: Ranchero is also advancing its regional reconnaissance program on the entire Santa Daniela concession block in tandem with its drilling at the Maíz Azul prospect. Santa Daniela is one of the largest unexplored areas in the Sierra Madre Occidental gold belt and its potential for new discovery is excellent. An Aster/Landsat satellite-based study conducted by Perry Remote Sensing LLC in 2020 identified the presence of hydrothermal alteration minerals (related to possible gold deposition) at 47 separate locations. Ranchero is currently working with GoldSpot Discoveries (“GoldSpot”) to update its reconnaissance efforts. New ultra-high-resolution imagery from the WaveView3 satellite has been acquired and is being processed to more precisely highlight areas of hydrothermal alteration. Aster satellite data is also being used to identified major faults that control gold deposition. These, together with regional geochemical data, will be integrated by GoldSpot with their proprietary machine-learning technology to refine target areas. Bekanntmachung • Feb 24
Ranchero Gold Corp. Further Extends Gold Mineralization by 170 Meters Along Strike with Near Surface Drilling Ranchero Gold Corp. announced the final drill results from its recently completed Phase I drill program at the Maíz Azul prospect which is part of its 100%-owned Santa Daniela gold project located in Sonora, Mexico. Phase I Drill Program: The Phase I drill program was designed to test two principal targets at Maíz Azul: La Colmena and La Cascada. Drilling at La Colmena intersected gold in both high-grade hydrothermal breccia zones and lower-grade veinlet zones. Step-out drill hole MA-22-22 extended the La Colmena zone eastward a further 170 meters. There was minimal surface geochemical signature and this hole was based on structural trends visible on satellite images. This confirms the importance of structural interpretation in the discovery of new gold mineralization. Drilling at La Cascada generally encountered broader lower grade veinlet-hosted mineralization with only occasional hydrothermal breccias. Ranchero geologists note that this is, according to published reports, similar to the occurrence of gold mineralization at nearby mines which are and have been successfully mined by both open pit and underground methods. It is also evident from the recent work that the Maíz Azul area has been heavily influenced by both high-angle and low-angle faulting. In some cases, displacement may be as much as 100 to 200 meters. This is evidenced by the missing layers of the volcanic-stratigraphic section identified by field observations and core logging. The discovery of widespread gold mineralization at Maíz Azul together with a greater understanding of the regional and local geology provides confirmation that the Phase I drill program was highly successful. Future Work and Regional Exploration: The company geologists are currently engaged on several fronts at both Maíz Azul and on the reconnaissance of the greater Santa Daniela concession block. The primary focus at Maíz Azul is on updating and expanding the mapped area. This will provide an enhanced understanding of the structural (fault) controls on the gold mineralization and will be an essential guide for the design of the upcoming Phase II drill program. Reconnaissance efforts will be focused on those areas close to Maíz Azul that have been identified by remote sensing or other methods. Ranchero, working with GoldSpot Discoveries, is acquiring WaveView 3 satellite data to better identify new potential prospects. Several areas have already been investigated via field visits. The completed field work in conjunction with newly identified areas, will be prioritized for follow-up sampling, mapping and possibly geophysical surveys. The identification of new drill targets will continue throughout the course of 2022 and beyond. Bekanntmachung • Jan 28
Ranchero Gold Corp. Announces Additional Drill Results from Its Ongoing Drill Program At the Maíz Azul Prospect Ranchero Gold Corp. announced additional drill results from its ongoing drill program at the Maíz Azul prospect which is part of its 100%-owned Santa Daniela gold project located in Sonora, Mexico. Drill Results at La Colmena Target Area: Drilling at La Colmena has further confirmed gold mineralization in this important structural zone. Drill hole MA 21-013 intersected 1.11 g/t gold over 13.15 meters and drill hole MA 21-14 intersected 1.18 g/t gold over 21.15 meters - demonstrating near surface mineralization approximately 50 meters in depth. These drill holes demonstrate the continuity of mineralization at La Colmena as they are located along strike from drill hole MA 21-10 which previously intersected 4.00 g/t gold over 31.50 meters. The company geologists initially collected samples based on visual criteria. Subsequent review of the assay data showed that further sampling is required both above and below the collected samples in both drill holes MA 21-13 and MA 21-14. These results will be reported shortly. Drill holes MA 21-15 and MA 21-16, also in the La Colmena target, encountered gold mineralization on its westward extension. These holes were drilled west of a cross-cutting fault zone which may imply a displacement of the main mineralized horizon and will be tested with future drilling. Drill Results at La Cascada Target Area: A total of five drill holes have now been completed at the La Cascada target where all drill holes encountered gold mineralization. A preliminary interpretation is that drilling at La Cascada has encountered a higher level of gold mineralization as reflected by extensive propylitic alteration and various horizons of low-grade mineralization. If correct, then feeder structures, similar to what is now found at La Colmena may also be found below the dispersed gold horizons intersected in the drilling. Drill holes along the eastern edge of the La Cascada target returned broad areas of zinc mineralization. In particular, MA 21-20 intersected 0.63% zinc over 78 meters. The occurrence of base metal mineralization provides an additional opportunity to refine the three-dimensional model through mineral/alteration vectoring. This modelling is now underway which will also incorporate structural, lithological, and other geochemical information. This will allow Ranchero to more effectively plan its future drill locations. Progress on Phase 1 Drill Program: Drilling is ongoing at Maíz Azul where the Company continues to expect the completion of its Phase 1, 3,000-meter drill program in the first quarter of 2022. The current drilling is designed to extend known La Colmena gold mineralization further along strike on the company's land concessions as well as to test gold continuity and structural controls in the main La Colmena target area. Bekanntmachung • Jan 19
Ranchero Gold Corp. Announces the First Set of Assay Results from its Inaugural Drill Program at the Highly Prospective Maiz Azul Ranchero Gold Corp. announced the first set of assay results from its inaugural drill program at the highly prospective Maíz Azul target, which is part of its 100%-owned Santa Daniela gold project located in Sonora, Mexico. Gold mineralization was encountered in all of the first three drill holes from the Company’s 3,000-meter drill program. High grade intersection of 4.00 g/t gold over 31.5 meters including 9.93 g/t gold over 12.0 meters of near surface gold mineralization was encountered in drill hole MA 21-10. Additional drill results including drill hole MA 21-11 which intersected 1.08 g/t gold over 21.00 meters provided confirmation that mineralization remains open at depth and along strike on the Company’s land concessions. Drilling has resumed at Maíz Azul and the Company will provide regular exploration updates over the course of the first quarter and going forward. Maíz Azul is the Company’s most advanced prospect at the Santa Daniela gold project which consists of a land package in excess of 22,300 hectares. Maíz Azul is currently comprised of three drill targets: La Colmena; La Cascada; and X Structure. The three drill holes reported in this news release tested the La Colmena target and all of them intersected gold mineralization. Drill Hole MA 21-10 which intersected 4.00 g/t gold over 31.5 meters confirms and expands on the historical drilling completed at Maíz Azul (which included 1.56 g/t gold over 37.0 meters). Drill hole MA 21-11 which intersected 1.08 g/t gold over 21.00 meters extends this mineralization approximately 150 meters down dip from surface and remains open at depth. Drill hole MA 21-12 effectively extends the mineralization approximately 150 meters eastward at La Colmena. While gold mineralization was encountered in this hole, surface mapping indicates that much of it may be offset by faulting. Ranchero is currently testing to confirm that gold mineralization extends towards the east. The work to date confirms Ranchero’s geologic modelling that Maíz Azul is an epithermal gold system as is evidenced by the widespread low-temperature alteration halo, broad areas of gold mineralization, structural control on the placement of mineralization, and the presence of hydrothermal breccias with high grade intercepts. Additionally, the Company is developing a basic understanding of the secondary control structures that seem to play a key role on concentrating gold mineralization. Results and analysis are pending for drill hole samples testing the La Cascada target as well as expanding known mineralization at La Colmena. The final holes of the 3,000-meter drill program will focus on extending the La Colmena zone eastward, testing its continuity along strike and getting a greater understanding of secondary structural control on mineralization. The Company also has an effort focused on reconnaissance exploration work outside of the Maíz Azul area. The current activity at Maíz Azul covers approximately 5% of the land package at Santa Daniela. The Company, working with Goldspot Discoveries, is using machine learning technologies to further focus on new reconnaissance targets. Ranchero will continue with follow-up site visits on all targets generated by the 2020 interpretation of Landsat and Aster satellite imagery together with the emerging Goldspot interpretation. Board Change • Jan 19
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Steve Ristorcelli was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Nov 30
Ranchero Gold Corp. Provides an Update of Ongoing Exploration Program At Santa Daniela Project Ranchero Gold Corp. provided an update of its ongoing exploration program at its 100%-owned Santa Daniela project located in Sonora Mexico. Maíz Azul is the most advanced prospect within Ranchero’s Santa Daniela concessions and lies 3.5 kilometers east of Alamos Gold’s Mulatos mine complex. Geologic mapping, geochemistry and other studies in 2020 led to the definition of three principal targets known as La Colmena, La Cascada and X-Structure. An initial 3000-meter drill program began on October 27 to test these targets. Ranchero has now shipped 175 samples to ALS Laboratories in Hermosillo and anticipates full assay results in the first quarter of 2022. Progress to Date: Currently, 1245 meters have been completed in eight drill holes which represents 42% of the Company’s Phase 1 drill program. All holes are inclined toward the northeast and are designed to cut across the mineralized structural trend of the targets. Hole depths vary from 43 to 312 meters. Initial emphasis has been on confirming and expanding the previously identified gold mineralization in the La Colmena target. This had been found in historic drill holes (37 meters averaging 1.5 grams Au/t) as well as more recent surface sampling. Ranchero has drilled 7 holes along a strike length of approximately 300 meters. A drill hole will be completed later to test the target eastward and potentially extend the zone by a further 150 meters. Ranchero also began the initial hole (MA-21-017) on the La Cascada target. This target is significantly larger than the La Colmena target. La Cascada is approximately 650 meters long and 150 meters wide and is identified by widespread quartz veins and veinlets, hydrothermal alteration and anomalous gold in rock-chip samples (0.25 to >10 grams Au/t, the upper detection limit). An additional five holes will be drilled on this target. Future Plans: Ranchero is on track to complete its initial 3000-meter program by the end of the fourth quarter or early in the first quarter of 2022. The Company anticipates announcing initial results in the first quarter of 2022 after allowing time for complete assaying, QA/QC and interpretation. The Company has plans for a follow-up 10,000-meter program with the ultimate goal of an initial resource estimate at Maíz Azul. All holes are currently drilled using a diamond-core rig but as principal mineral controls are identified the Company is likely to switch to reverse-circulation drilling which will reduce drilling costs per meter. The Company also plans to commence further exploration work outside of Maíz Azul. The current activity covers approximately 5% of its extensive land package at Santa Daniela. Over the remainder of this year and the first half of 2022, the Company plans to continue follow-up site visits on the 47 targets identified in 2020 by interpretation of Landsat and Aster satellite imagery combined with regional mapping and geochemistry.