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Vancouver, BC, July 29, 2014 - Evolving Gold Corp (CSE:EVG) (FSE:EV7) (OTCQX:EVOGF) is one of the latest new listings on the Canadian Securities Exchange. It is also listed on the Toronto Stock Exchange, where it plans to delist at a date to be announced.
InvestmentPitch.com has produced a "video news alert" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Evolving Gold" in the search box.
Evolving Gold is a Canadian-based gold exploration company engaged in the acquisition, exploration and development of natural resource properties.
Due to the difficulty raising financing for resource projects, the company has cut back on some of its commitments. The company recently eliminated $325,000 of debts by issuing 16,250,000 shares at a deemed price of $0.02, along with reducing its management fees. It also optioned its 100% interest in the Rattlesnake Hills Project in Wyoming to NV Gold Corporation for a combination of cash and shares.
The company is now focused on drill intensive exploration of properties believed to have potential for the discovery of bulk tonnage and/or high grade gold deposits of significant economic interest, most notably on its discovery properties at Carlin, Nevada, a high grade Carlin gold system, and Jake Creek, Nevada, an epithermal gold system.
At the Carlin Gold Project, gold grades, widths and depths are similar to existing gold mines on the Carlin Trend. The large Jake Creek land position is 100% controlled by Evolving Gold and consists of 58 square kilometres hosting bonanza-style veins with grades to 11.3 grams per tonne gold.
Evolving Gold is trading at $0.01 and with 162.6 million shares outstanding the company is capitalized at $1.6 million.
For more information, please visit www.evolvinggold.com, contact R. Bruce Duncan, President & CEO at 604-685-6375 or by email at info@evolvinggold.com.
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Source: InvestmentPitch via Globenewswire
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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