Volcanic Gold Mines Inc.
0.06
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Volcanic Gold Mines Inc.
GETTEX:CKC2
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ROIC.AI
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- Volcanic Gold Mines Inc. Volcanic Gold Mines Inc. engages in the acquisition, exploration, and evaluation of mineral properties primarily focused on gold and silver deposits in underexplored jurisdictions. The company holds a 60% interest in the Holly and Motagua Norte projects located in eastern Guatemala through an option agreement with Radius Gold Inc.; the Holly project features an advanced-stage, high-grade epithermal gold-silver deposit on the La Pena vein with an inferred mineral resource of 410,000 ounces at 9.6 g/t gold equivalent, supported by exceptional drill intercepts such as 4.57 meters at 54.24 g/t gold and 3,925 g/t silver, while the Motagua Norte project encompasses a bonanza-grade gold-silver quartz vein system with first-pass exploration drilling completed in the first half of 2024. These projects form part of a large regional land position in world-class gold-silver terrain accessible via paved roads, targeting multi-million-ounce resource development through systematic drilling and exploration programs. Founded in 2007 and headquartered in Vancouver, Canada, the company, formerly known as Volcanic Metals Corp. until its name change in January 2017, operates in the mining exploration sector with a team experienced in building significant precious metals resources. In recent developments, Volcanic fulfilled its modified option agreement with Radius Gold in August 2024 by completing the required US$7 million in exploration expenditures, earning the 60% joint venture interest in Holly and Motagua Norte after exchanging the Banderas project, with shareholder and TSX Venture Exchange approvals secured in February 2024; exploration at these properties is currently on hold pending regulatory clarity in Guatemala on nearby major deposits like Cerro Blanco and Escobal, while the company reviews opportunities elsewhere and announced a $1.5 million non-brokered financing in May 2025 to fund the planned restart of drilling at Holly aimed at resource expansion; in March 2025, it outlined preparations to increase the high-grade resource at Holly.
Company News
Volcanic Gold Adopts Semi-Annual Financial Reporting
Volcanic Gold Grants Incentive Stock Options
Volcanic Gold Closes Upsized Private Placement, Raising $1.66 Million
Volcanic Gold Announces Extension of $1.5 Million Private Placement