News Releases

Bathurst will assign its Peerless option to Big Bear Gold Corp. for 3,555,000 BEAR shares, cancels its previously announced private placement, appoints Daryn Gordon as CFO, and refocuses on its flagship Turner Lake gold project in Nunavut.

Bathurst announces a non-brokered private placement of up to 18,750,000 units at C$0.08 per unit for aggregate gross proceeds of up to C$1.5 million.

Bathurst completes 50 line-km of ground magnetometer and 25 line-km of VLF-EM surveys at the Peerless Gold-Silver Project, advancing drill targeting for the Alpha and Beta Zones in BC's Gold Bridge Mining Camp.

Etienne Gouin-Proulx joins as Interim CEO & Director and Jean-François Meilleur joins as Director, following the retirement of founder Harold Forzley after 20+ years of service.

Acquisition of Iron Gold (887 ha, gold values 1.07–13.44 g/t Au) and North Core (730 ha, gold values up to 4.6 g/t Au) properties south of the Turner Lake/TED Gold Project and west of the Pistol Lake Deposit, Nunavut.

The Company has granted 200,000 incentive stock options to a consultant at an exercise price of $0.055 per share for a ten-year term.

Gladstone Gold covers 1,197 hectares with 3 gold showings and values up to 143.76 g/t Au. Northern Gold covers 1,386 hectares with gold values up to 6.58 g/t Au. Both properties adjoin the Turner Lake/TED Gold Project.

Acquisition of the West Gold mineral claim — 389 hectares with two known gold occurrences up to 10.30 g/t gold, first identified in a 1992 federal geological survey. No modern exploration has been completed.