Duyuru • Oct 16
Volcanic Gold Mines Inc., Annual General Meeting, Dec 17, 2025 Volcanic Gold Mines Inc., Annual General Meeting, Dec 17, 2025. Duyuru • Jul 18
Volcanic Gold Mines Inc. announced that it has received CAD 1.6642 million in funding On July 17, 2025. Volcanic Gold Mines Inc. announces that it has closed the transaction. It has issued 13,868,332 units at a price of CAD 0.12 per unit for gross proceeds of CAD 1,664,199.84. The Company has paid finder’s fees for a portion of the financing consisting of CAD 23,712 in cash payments and 197,599 warrants which have the same terms as the unit warrants. Duyuru • May 09
Volcanic Gold Mines Inc. announced that it expects to receive CAD 1.5 million in funding Volcanic Gold Mines Inc. announced a non-brokered private placement that it will issue up to 12,500,000 units of the company at an issue price of CAD 0.12 per unit for the gross proceeds of up to CAD 1,500,000 on May 8, 2025. Each unit will consist of one common share of the Company and one warrant which will entitle the holder to purchase one additional common share at a price of CAD 0.16 for 24 months. The warrants will have an exercise acceleration clause such that following the statutory hold period, if the closing price of the Company’s shares exceeds CAD 0.25 for any 10 consecutive trading days, the Company will have the right to accelerate the expiry date to 30 calendar days. Duyuru • Sep 11
Volcanic Gold Mines Inc., Annual General Meeting, Nov 27, 2024 Volcanic Gold Mines Inc., Annual General Meeting, Nov 27, 2024. Duyuru • Aug 22
Radius Gold Inc. and Volcanic Gold Mines Inc. Provides Update on Guatemala Properties Radius Gold Inc. and joint venture partner, Volcanic Gold Mines Inc. reported that Volcanic has fulfilled the modified Option Agreement and earned a 60% interest in Radius's Holly and Motagua Norte Properties in Guatemala by spending USD 7 million in exploration expenditures. During the period July 2021 to July 2022 Volcanic invested over USD 4.5 in exploration on the Holly Project, the majority of that was spent on drilling, and the joint venture established a high-grade epithermal gold-silver inferred mineral resource of 410,000oz at 9.6 g/t AuEq1. The resource was established on the La Pena vein, is open in all directions and is just one of many epithermal veins on the Holly property. Typical results of the drilling were exceptional high grade intercepts, such as 4.57m @ 54.24 g/t Au and 3925 g/t Ag in hole HDD-21-027 and 6.52m @ 11.72 g/t Au and 340 g/t Ag in hole SSD-21-019. However, as has been previously stated, the joint venture has put exploration of the property on hold until there is advancement at the two significant precious metal deposits in Guatemala where developments are pending: the multi-million ounce gold deposit at Cerro Blanco and the large high grade silver-lead-zinc deposit at Escobal. Radius has also been working to expand its portfolio of exploration properties. The Company is currently at the due-diligence stage to option a road accessible, exploration-stage copper porphyry property in Peru, located in a belt that is host to a number of operating copper mines and development stage projects. Duyuru • Apr 04
Radius Gold Inc. and Volcanic Gold Mines Inc. Provide Further Update on Drilling At Motagua Norte Property, Guatemala Radius Gold Inc. and joint venture partner, Volcanic Gold Mines Inc. present a further update on the ongoing drilling campaign at the Motagua Norte Project. As previously reported, drilling to date has confirmed that the broad area of boulder float with abundant bonanza grade assay results discovered by Volcanic geologists is underlain by a serpentinite package, and that all of the colluvial boulders of quartz and schists bearing the high- grade gold values have likely moved downslope from a major structural corridor that has been named the Veta Madre Fault Zone. To date two drill holes cutting across the broad Veta Madre Fault zone have been completed. Both holes have cut wide zones of quartz veining and quartz stockwork at the fault contact between serpentinite in the hanging wall to the north, and schistose rock in the footwall to the south. The wide stockwork zones with associated intense silica-sericite alteration of the host rock appear to be best developed in the footwall schist, although stockwork veining has been recognized on both sides of the vein. Hole MIDD-24-004 targeted the Veta Madre above the central part of the colluvial field, drilling through 98 m of serpentinite before reaching the fault zone at a depth of approximately 120 m below surface. The hole remained in veining and stockwork schists for 63 m before entering unaltered schistose rocks at 161 m. The hole was drilled at an inclination of -45 degrees; true width of the mineralized zone is yet to be confirmed as the dip of the fault, while thought to be steep, is as yet unknown. Hole MIDD-24-005 was drilled 100 m along strike to the west of MIDD-24-004, collared closer to the fault zone so that it intersected the fault at a slightly shallower depth of approximately 80 m below surface. This hole passed through 73 m of serpentinite before entering the targeted structure. A wide zone, some 39 m of altered rock with strong stockwork quartz veining, was intersected before passing into unaltered schistose rock at 112 m drill depth. This hole was also drilled at an inclination of -45 degrees, and again, true width of the zone is at present unknown. Half-core samples from both drill holes have been sent for analysis at ALS Laboratory, Vancouver and assay results are expected in early May. The present plan is to test the Veta Madre Fault Zone with a panel of holes, cutting the structure on 50 m horizontal and vertical grid spacing to a depth of up to 200 m below surface. Drilling will initially concentrate on a 250 m strike length immediately uphill of the thickest and most extensive concentration of gold-bearing colluvium. Drilling through the boulder colluvium is technically challenging. Two attempts to drill into the structure at a shallower depth to test the weathered zone have been abandoned due to the rods getting stuck in the thicker colluvium pile adjacent to the fault zone (drillholes MIDD-006 and 007). In order to avoid these problems, the remainder of this drilling program will be restricted to fresh rock well below the colluvium, targeting mineralization 50 m or more below surface. Duyuru • Oct 12
Volcanic Gold Mines Inc. Reports Bonanza Grade Gold Discovered Across Wide Areas At Mila Target, Guatemala Volcanic Gold Mines Inc. provided an exploration update on the high-grade Mila prospect in the Motagua Norte project in Guatemala. Highlights of the gold discoveries at the Mila prospect: Concentration of bonanza-grade and visible gold in quartz veins over a 250 x 570 m area. Continuous line rock chip sampling across mixed outcrop, subcrop, boulder fields of 34 m averaging 42 g/t gold and 24 m averaging 54 g/t gold. High-grade gold in both quartz veins and stockwork quartz in the wallrock suggests wide zones of gold mineralization. Visible gold in quartz veins identified in new areas to the south and west of Mila. Orogenic gold-silver deposit with significant depth potential. Trenching and drilling planned to establish the geometry, width and grade of the gold mineralization. The Company's initial prospecting samples returned exceptional gold grades at Mila prospect. In order to determine whether the very high gold grades (many samples above 1 oz gold /tonne) were the result of selective sampling or widespread across the target zones, a program of continuous 2 m chip sampling was conducted across mixed terrain of outcrop, subcrop and float boulders. In these areas it is not possible to be sure of true widths, and sampling was conducted to define the distribution of gold mineralization and target trench and drill priorities. High-grade gold assays and visible gold occur in both quartz veins, and in wallrock quartz stockwork zones. Multiple quartz veins with at least two different orientations are recognized; north-south and northwest- southeast striking. The principal mineralized quartz veins form prominent mounds and ridges of collapsed outcrop boulder piles with quartz boulders up to 2 m in diameter and outcrops up to 4 m or more in width. Continuous chip channel sampling across one prominent ridge has returned average grades of up to 95 g/t gold across a 10 m width of collapsed quartz vein boulders, each sample representing a 2 m long segment of the line. Significantly wider quartz boulder fields occur where multiple, close-spaced veins reach surface. Continuous lines of 2 m long chip channel samples of mixed outcrop and colluvium have returned average grades of 42 g/t gold along a 34 m line, and 54 g/t gold over a 24 m line from two parallel lines 70 m apart in one boulder field at the centre of the prospect area. The distribution of mineralized boulder float, supported by limited outcrop data, suggests that the high- grade gold mineralization in the Mila prospect is concentrated in two north-south structures approximately 200 m apart, each structure at least 250 m strike in length. The current interpretation is that one or both structures support multiple quartz veins across a width of at least 25 to 50 m. Trenching and drilling will be required to look beneath the quartz boulder cover and establish the true geometry, width and grade of the mineralized veins and wallrock stockwork zones in the Mila prospect. Additional gold vein discoveries Beyond the Mila prospect ongoing prospecting and rock chip sampling continues to identify additional mineralized veins within the licence area: 1. Two gold quartz veins have already been identified approximately 500 m to the south of the Mila prospect with two high-grade rock chip samples of 9.34 g/t and 29.6 g/t gold some 280 m apart. 2. Quartz veins grading up to 60.2 g/t gold have also been identified at a couple of locations further along the regional Motagua Norte trend between 800 and 1700 m to the west of the Mila prospect. Gold mineralization and geology The mineralized quartz veins and stockwork zones are hosted by biotite schist and phyllite of the Motagua Suture Zone, an east-west striking belt of metamorphic rocks that formed at the line of collision between the North American and Caribbean tectonic plates. Gold mineralization appears to be hosted by north- south and east to southeast-striking veins. High-grade assays have been returned from both sulphide-bearing quartz veins and quartz stockwork in the wallrock. The mineralized quartz veins are enriched in gold, silver, lead and minor copper and have textures and a geological host consistent with emplacement from a mesothermal system in an orogenic setting. The mineralization appears to be zoned with quartz veins at the eastern end of the licence area at Mila and to the south of Mila containing the highest gold values, and veins to the west of Mila with generally lower gold but higher silver and lead values. Duyuru • Oct 05
Volcanic Gold Mines Inc., Annual General Meeting, Dec 14, 2023 Volcanic Gold Mines Inc., Annual General Meeting, Dec 14, 2023. Duyuru • Jul 12
Volcanic Gold Mines Inc. Provides Update on its Cerro Blanco Feasibility Stage Gold and Silver Project in Guatemala Volcanic Gold Mines Inc. outlined plans for its Cerro Blanco feasibility stage gold and silver project in Guatemala in a news release entitled "Bluestone Announces Strategic Review Process". The Cerro Blanco's initial 2019 feasibility study, that proposed mining the deposit as an underground mine, provided impressive economics that included an after-tax IRR of 34% and AISC of USD579/oz using a base case of USD 1250/oz gold and USD 18/oz silver. Volcanic Gold's Holly discovery is located on private land about 60 km north of Cerro Blanco along a paved highway. It has a maiden inferred mineral resource on La Pena vein, (one of many veins) of 1.3 Mt at 6.5 g/t for 270,000 oz contained gold and 11 Moz at 260 g/t contained silver, which equates to 9.6 g/t at 410,000 oz gold equivalent. As has been stated in a previous news release6, Volcanic Gold is committed to engaging with local stakeholders and actively working with communities to further develop and deliver impactful community programs. In a mining scenario, the Holly project would be mined as an underground operation with processing of the ore remote from the location of the project. More drilling is required to determine the full extent of the underground mineral resource: the deepest hole drilled yet on the La Pena Vein cut 4.58m of 79.84 g/t Au and 5,053 g/t Ag7. However, the Company has stated it would not drill at Holly again until Cerro Blanco had a clear way to production, and that remains the Company's position. Volcanic holds the property at Holly under a joint venture agreement with Radius Gold Inc. The Company also holds other properties in Guatemala under that same J/V agreement, and other important discoveries have been made on that J/V property that are pending the granting of a mineral concession. Duyuru • Feb 09
Volcanic Gold Commissions Technical Report on Holly Project as Part of Permit Upgrade and Continues with Stakeholder Engagement Volcanic Gold Mines Inc. announced it has continued to advance mining studies on the flagship Holly Project in preparation to upgrade the exploration license to an exploitation license. The Holly project has an inferred Mineral Resource of 1.3 Mt at 6.5 g/t for 270,000 oz contained gold and 260 g/t silver for 11 Moz contained silver, which equates to 9.6 g/t at 410,000 oz gold equivalent. The mineral resource is supported by excellent infrastructure with a paved road passing through the project area and is located less than 70 km from Bluestone Resources' Cerro Blanco gold mine development project. Resource drilling and sub-surface exploration is at an early stage: the mineralization remains open along strike and at depth, and there are several additional mineralized veins identified at surface that have not yet been drill tested. The Company considers that the demonstrated high-grade and good access to a nearby mine development project means that the Holly Project has a good chance of being developed. Further drilling will determine whether Holly will support a stand-alone mill, or if the ore should be processed elsewhere. Based on this positive outlook the Company is applying to upgrade the Holly exploration license to an exploitation license. Technical studies to support the application are underway. Volcanic is continuing to monitor and build environmental, hydrogeological, and social baseline studies for the Holly property. Guatemalan and Mexican-based engineering companies have been commissioned to compile the technical studies and civil engineering design for an underground mining project, with assumed processing off-site. This study is expected to be completed in the first Quarter. The mine design will be an early-stage concept for permitting purposes and will not meet the requirements of a preliminary economic assessment. As stated in previous news releases the Company intends to resume drilling at the Holly property once Bluestone has been granted a permit to build a mine at Cerro Blanco. Bluestone has issued an update on Cerro Blanco Successful permitting of the Cerro Blanco Project will demonstrate that the Authorities and communities are ready to develop Guatemala's considerable precious metal resource potential and provide the confidence required for Volcanic to resume exploration and resource definition at Holly.