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New Listing: Bald Eagle Gold Corp. (TSXV:BIG)

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Bald Eagle Gold Corp. is a junior mining company focused on the exploration and development of advanced exploration assets in known gold districts in the Americas. The company’s current primary asset is its 50% interest in the Hot Springs Property in Humboldt County, Nevada.

Additional Information:

Company: Bald Eagle Gold Corp.
Website: http://www.BaldEagleGold.com
Stock Symbol: TSXV: BIG
Date Published: Mar 24, 2021
Transcript: Available

Video Transcript:

I’m Ashton Addison for Investmentpitch Media

Bald Eagle Gold Corp.is one of the latest new listings on the TSX Venture Exchange, trading under the symbol “BIG”, following its qualifying transaction with Capital Pool Company Wolf Acquisition.

Bald Eagle Gold Corp. is a junior mining company focused on the exploration and development of advanced exploration assets in known gold districts in the Americas.

The company’s current primary asset is its 50% interest in the Hot Springs Property in Humboldt County, Nevada.

There are numerous well known historical and current producing mines in the region, including the Hecla’s Midas and Fire Creek Mines, Newmont’s Twin Creeks Mine and the Barrick/Newmont’s Getchell and Turquoise Ridge mines.

The 11,894-acre property is located at the intersection of the Battle Mountain and Getchell-Comstock Gold Trends.

Until now, the property has not been drilled to any significant depth, even though considerable gold has been prospected at the surface for many years.

Historic exploration on the property discovered multiple gold occurrences.

Key historical drill results include 82.3 meters of 0.8 grams per tonne gold from 1.5 meters, including 1.5 meters of 32.5 grams per tonne bonanza grade gold and 42.7 meters of 0.7 grams per tonne gold from 32.0 to 74.7 meters, including 13.7 meters of 1.2 grams per tonne gold.

Sidney Himmel, President and CEO, stated: “We are pleased to complete the listing of the company on the TSX Venture Exchange, the leading exchange for the listing of resource companies globally. This listing will enable Bald Eagle to attract the capital and awareness required to advance its Hot Springs project in Nevada. Nevada was recently ranked by the Fraser Institute as the top mining jurisdiction in the world and Bald Eagle has secured a considerable acreage position at the intersection of the well recognized Battle Mountain and Getchell-Comstock gold trends. Through its joint venture interest, the project is currently beginning drilling with the objective of identifying an epithermal gold system. Furthermore, the listing also provides a currency to advance the Company´s strategy of identifying and acquiring advanced stage exploration projects in established mining jurisdictions. I would like to thank all parties involved in bringing together this listing and look forward to advancing the Company for the benefit of all stakeholders.”

The company recently closed a non-brokered private placement, raising gross proceeds of approximately $2.5 million from the placement of approximately 21 million units priced at $0.12 per unit.

Each unit consisted of 1 share and one-half a warrant with each full warrant exercisable at $0.20 for 24 months, subject to an acceleration clause.

The company has budgeted $1.8 million for a phase 3 work program of up to 5,000 meters of drilling, along with IP, mapping and additional claim staking to establish defined mineralization to subsequently drill for measured and indicated resources.

The shares are trading at $0.12.

For more information, please visit the company’s website www.BaldEagleGold.com, contact Darren Collins, CFO, at 786-633-1756 or email darren.collins@BaldEagleGold.com.
I’m Ashton Addison for Investmentpitch Media