South Atlantic Gold Inc. (TSX:SAO)

Mining

South Atlantic Gold Inc is a publicly-listed mining company that owns, operates, identifies, explores, advances, and develops mineral properties in the Americas. Big Kidd property is the company’s flagship property which is situated in British Columbia. 

Another flagship property is the Pedra Branca project situated in Brazil. Through acquiring and developing high-quality mineral properties in mining-friendly jurisdictions, South Atlantic concentrates on generating value for shareholders. 

The company’s headquarters is in Kelowna, British Columbia. South Atlantic Gold Inc is a publicly-listed company on the TSX Venture market (TSXV), where its common stocks trade under the ticker ‘SAO’. 

South Atlantic Gold owns and operates a 100 per cent stake in the Big Kidd Property which is situated NE of Aspen Grove and nearly 25 kilometers SE of Merritt city and 250 kilometers NE of Vancouver city. 

This property consists of four mineral tenures and covers a land package of 4,056 hectares. The property is situated in the Central Volcanic Facies of the Nicola Group which is prospective for hosting alkalic porphyry Copper-gold deposits such as the Iron Mask Batholith and Copper Mountain Mine. 

South Atlantic Gold owns and operates a 100 per cent stake in the Pedra Branca project, which is situated 280 kilometers from Fortaleza, Ceara State, in northeastern Brazil. It includes an average grade of 1.38 g/t Au and consists of 180,000 ounces of gold. 

It consists of 25 active mineral exploration licenses and covers a land package of 40,000 hectares. The Pedra Branca project is surrounded by excellent infrastructure, including a workforce, electrical power, mine facilities/supplies, and paved roads. 

On April 20, 2021, the company completed its phase I exploration program on this property which discovered that Pedra Branca has potential for structurally controlled orogenic-style mineralization. On February 3, 2022, South Atlantic initiated a phase II exploration program on the Pedra Branca property.

Contact Information

company address Landmark 3 #335 - 1632 Dickson Avenue Kelowna, British Columbia V1Y 7T2

company phone250 7625777

company email[email protected]

company websitehttps://southatlanticgold.com/

Similar Companies

Load More
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK