
Tag: Amarillo Gold Corp


Amarillo Gold Corp. (TSXV:AGC) – Drilling to Improve the Resource and Feasibility
October 31, 2018
Impact: Positive
Amarillo Gold has announced drill results from the ongoing infill drill program at its Mara Rosa open-pit project in Brazil. The company’s goal is to upgrade the current inferred resource ahead of a feasibility study (H1/19). We expect the current M&I of 1.27Moz Au grading 1.30g/t Au to grow. These results support our thesis that Amarillo’s Mara Rosa project is a highly undervalued development asset in the hands of a proven development team, where drilling and the upcoming feasibility study should gain market support.

Amarillo Gold Corp. (TSXV:AGC) – Amarillo Improves Mara Rosa Economics with New PFS
September 12, 2018
Impact: Positive
Amarillo Gold has announced the results of an updated pre-feasibility study (PFS) for its Mara Rosa Project in the Goias state of Brazil, which follows a prior PFS completed by the previous management team in March 2017.

Amarillo Gold Corp. (TSXV:AGC) – Amarillo Drill Results Confirm Continuity
September 11, 2018
Impact: Mildly Positive
Amarillo Gold has announced drilling results from its first 11 holes of the planned 10,000 m drill program on its flagship Mara Rosa Project in the Goias state of Brazil, which commenced on May 23, 2018.