Mengold Resources Inc. has closed a private placement through the sale of 2,000,000 units at a price of $0.25 per Unit, for gross proceeds of $500,000.
Each Unit consists of one flow-through common share and one transferable share warrant (each share purchase warrant a “Warrant” and collectively, the “Warrants”). Each Warrant entitles its holder thereof to [...]

Mengold Resources Inc. has finalized a Joint Venture Agreement with X-Ore Resources Inc. for the Greenwater Ni-PGE Property (Greenwater). Since the first announcement of this joint venture on March 3, 2008 (see news release NR-08-07), the partners have staked additional claims increasing the size of the property to 9,088 hectares (22,456 acres). This Property, located [...]