Evergold Corp (TSE:EVER) has released an update.
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Evergold Corp. has successfully raised $1,072,000 through the first tranche of a non-brokered private placement, intended for follow-up drilling at the promising DEM1 gold-silver prospect in central British Columbia. The company’s recent geophysical surveys have indicated a large, deeper target that suggests high potential for the discovery of significant mineralization. This funding will also allow preliminary exploration of the newly identified DEM2 prospect nearby, which has shown high values of copper, molybdenum, and cobalt in historical sediment samples.
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