A2GOLD COMPLETES STRATEGIC CLAIM CONSOLIDATION AT TAYLOR SILVER-GOLD PROJECT
CONSOLIDATED LAND POSITION UNLOCKS DISTRICT-SCALE EXPLORATION POTENTIAL IN
The acquisition marks an important milestone in the advancement of the Taylor Project, resulting in the first consolidation of the
As illustrated in Map 1 (see below), the RT/JO Claims occupy a central position within the Taylor Project and are surrounded by claims already controlled by A2Gold. Several of the acquired claims are located adjacent to areas of known mineralization and portions of the existing silver resource footprint. The acquisition unifies the district and provides the Company with greater flexibility to advance exploration, resource expansion and future development activities across Taylor without internal ownership constraints.
Enhancing Resource Expansion and Discovery Potential
The RT/JO Claims occupy a highly prospective portion of the
- Expansion of the existing silver resource;
- Exploration of northern extensions of known mineralized trends;
- Advancement of gold exploration targets throughout the district;
- Evaluation of antimony-bearing systems that may represent a significant
U.S . critical minerals opportunity; and - Testing of high-priority Carbonate Replacement Deposit ("CRD") targets.
Management believes the acquisition improves geological continuity across several priority exploration corridors and enhances the Company's ability to systematically explore and advance the

Transaction Terms
Under the terms of the acquisition agreement, A2Gold acquired a 100% interest in the RT/JO Claims in consideration for:
US$225,000 in cash;- 316,377 common shares of A2Gold; and
- A 1.0% net smelter return ("NSR") royalty retained by the vendors.
A2Gold retains the right to repurchase one-half (0.5%) of the NSR for
Qualified Person
About A2Gold Corp
A2Gold Corp. owns three highly prospective gold projects in the United States all of which are in the mining-friendly jurisdiction of Nevada. A2Gold's flagship, district-scale Eastside Gold-Silver Project hosts a large and expanding gold and silver resource and is in an area of excellent infrastructure.
On Behalf of the Board
Peter Gianulis, CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements and information contained in this press release constitute "forward-looking statements" within the meaning of applicable U.S. securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, which are referred to collectively as "forward-looking statements". The United States Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. A2Gold Corp.'s ("A2Gold") exploration plans for its gold exploration properties, the drill program at A2Gold's Eastside project, the preparation and publication of an updated resource estimate in respect of the Original Zone at the Eastside project, A2Gold's future exploration and development plans, including anticipated costs and timing thereof; A2Gold's plans for growth through exploration activities, acquisitions or otherwise; and expectations regarding future maintenance and capital expenditures, and working capital requirements. Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. Such forward-looking statements are based on a number of material factors and assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking information. You are cautioned not to place undue reliance on forward-looking statements contained in this press release. Some of the known risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements are described in the sections entitled "Risk Factors" in A2Gold's Listing Application, dated January 24, 2018, as filed with the TSX Venture Exchange and available on SEDAR under A2Gold's profile at www.sedar.com. Actual results and future events could differ materially from those anticipated in such statements. A2Gold undertakes no obligation to update or revise any forward-looking statements included in this press release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.
This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
View original content to download multimedia:https://www.prnewswire.com/news-releases/a2gold-completes-strategic-claim-consolidation-at-taylor-silver-gold-project-302793620.html
SOURCE A2 Gold Corp
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Datasea Intelligent Technology Ltd. Announces Advancement of Compliance Work and Related Procedures for U.S. FDA Establishment Registration and Device Listing for Its Acoustic Brain-Computer Interface
- Bloomberg Tax Report Examines Growing Debate Over State Data Center Tax Incentives
- Oceania Cruises® Spotlights 2027 Northern Europe Itineraries
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesRelated Entities
Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share