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All American Gold Corp. (AAGC)

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Last Post: 8/22/2017 3:38:56 PM - Followers: 99 - Board type: Free - Posts Today: 35



ALL AMERICAN GOLD CORP.
700 North High School Road
Suite 203
Indianapolis, IN 46214
investors@allamericangoldcorp.com
www.allamericangoldcorp.com

Links:
Investor Relations Kit
Recent Press Releases
Recent SEC Filings
Why Gold?
Why Nevada?

All American Gold Corp. (OTCBB: AAGC) is focused on acquiring and exploring mineral property holdings in the United States. With multiple existing holdings in the gold-rich state of Nevada, the company continually seeks to further increase its portfolio by carefully reviewing and evaluating new gold exploration opportunities in the United States. An experienced management team and seasoned technical advisor lead acquisition and exploration initiatives.

The Goldfield West property is an advanced exploration prospect comprised of 105 mining claims covering a total of 2,100 acres. With defined targets and a defined resource, it is adjacent to the south of International Minerals' Gemfield/Goldfield property containing a reported resource of 1.2 million ounces of gold, and is easily accessed via well graded dirt roads. The Goldfield region has historic production figures of more than 4 million ounces of gold.

Located approximately 175 miles south-southeast of Reno, Nevada and approximately 250 miles northwest of Las Vegas, Nevada, the Belleville Project is nearby recent and historic mines, including the Candelaria Silver Mine and the Marietta Mine. Both of these mines lie within the same Walker Lane structural and mineral belt as the Belleville Project. Three potential drilling targets have been identified at the project.

The Iowa Canyon property, consisting of 165 mining claims that cover approximately 5 square miles, sits on the Battle Mountain Eureka Trend that has historically produced more than 23 million ounces of gold. Representing a high-quality exploration opportunity having untested potential within several gold and silver bearing targets, the property sits approximately 30 miles southeast of the Cortez Hills deposit and 20 miles southwest of the Cove-McCoy mine.

Share Structure from 10-K Filing (August 26, 2011)
Market Value (as of 9/9/11) $88,481,000
Shares Outstanding 96,175,000
 

DIRECTORS/MANAGEMENT

Brent Welke, B.F., J.D., M.Div - President, CEO, Director

Mr. Welke has a Law Degree from Indiana University and a Bachelor of Finance from Michigan State University. With 9 years of experience as a land man for North American Coal Corporation, and 30 years of legal experience, Mr. Welke is a skilled negotiator and dealmaker. Mr. Welke previously served as CEO of Agnova Corporation, and has a strong understanding of financial markets and principles.

Dr. Gaspar Gonzalez, PhD, B.B. - CFO, Director

Dr. Gonzalez is a seasoned leader and strategic affairs consultant who brings over 25 years broad-based experience in project management, operations, business development, specialized product sales, finance. He has been a business development consultant for the past 13 years with primary responsibilities including development of project management systems, banking, financing, and strategy for government inter-agencies, business firms, academic institutions, non-profit and community organizations. He holds a Doctorate in Business Administration (Ph. D.) (International Business & Finance) and (Banking and Commerce) from Cambridge International University where he graduated summa cum laude.

Richard Kern, B.Sc., M.Sc., P.Geo. - Technical Advisor

Mr. Kern is a Professional Geologist with over 35 years experience in base and precious metal exploration in the U.S., Central America, South America, and Australia. He has also managed work in New Guinea, Malaysia, China and Fiji. Richard has had field, executive, and management level positions in companies such as North Mining, Homestake Mining Company, Superior Oil, and with the U.S. Geological Survey. He has been involved in major mineral discoveries in the Western United States and Australia. In Australia, he and his team discovered a nine million ounce gold-equivalent deposit which is in production. Richard's team drilled the discovery holes into a 1.6 million ounce gold deposit at Eureka, Nevada while with Homestake Mining. Mined for several years, the property is now owned by Barrick Gold. Richard and his team also made a new discovery at the Fire Creek property in central Nevada, which is a Midas style, high grade gold deposit with a currently defined resource of +1,000,000 ounces.

He has a Master's of Science Degree in Geology from Idaho State University and a Bachelor of Science Degree in Geology from Montana State University. In addition, he has published a Thesis titled: "Geology and Economic Deposits of the Slate Creek Area, Custer County, Idaho." His exploration methods involve results-driven mixing of practical field geology, geochemistry and drilling with state of the art GIS, geochemical and geophysical methods. His strong analytical skills and hands-on field oriented mentor managment style has proven to be a successfull combination in developing various mining ventures.
 

PROPERTIES

GOLDFIELD WEST

The Goldfield West Property is an advanced exploration property with defined targets including a defined resource comprised of 105 unpatented mining claims covering a total of 850 hectares, or 2100 acres. The property is located approximately 3.5 hours Northwest of Las Vegas, Nevada by car, and approximately 3 miles west of the town of Goldfield. The Goldfield West property is easily accessible by well-graded dirt roads, and adjacent to International Minerals Goldfield properties, which contain a reported 1.2 million ounces of gold resources. The Goldfield district is famous for multi-ounce, bonanza gold ores and has recorded historic production in excess of 4 million ounces of gold at an average grade of > 17 g/t Au.

Geologically speaking, the Goldfield West property encompasses an area of Tertiary volcanic and volcanoclastic rocks. The U.S. Geological Survey (USGS), and several mining exploration companies, hypothesize that the western edge of a caldera rim runs through the property. Historic work conducted by Bear Creek, Placer Amex, U.S. Borax, Northing Mining and Bonaventure Enterprises has led to the completion of 138 drill holes in this area. The data compiled from drilling results and a wealth of information gathered through geological mapping, geochemical sampling and geophysical surveys has identified three distinct targets over a strike length of 3.5 miles. Bonaventure's work campaign, one of the most recent completed on the property, combined geophysical surveys, geochemical sampling and 23 reverse circulation drill holes with Nevada Eagle and South targets helped define at least 220,000 ounces, or more than $300 million in resources. Such results tend to confirm the existence of a gold-bearing hydrothermal system associated with the argillization and silification of host rocks nearer to feeder structures.

Further continuation of exploration is scheduled for September 12th 2011. Drilling will target major structures which may host high-grade quartz-sulfide-gold veins similar to those in the main Goldfield district. A total of 1,550 to 2,000 meters of RC drilling is planned at six drill sites located in both the northern and southern parts of the property.

At the South target, interpretation of geophysical surveys has identified an 800 meter long nearly north-south structure. One hole, drilled in 2010, identified minor veinlets of quartz/pyrite/alunite and gold values up to 1.45 g/t over 1.5 meters. Two fences consisting of three angle drill holes spaced roughly 100 feet apart will attempt to penetrate the fault identified by the geophysical surveys

At Nevada Eagle in the northern part of the property, drill holes will target an interpreted broad north-south trending structure which appears to host an intrusive dike. Two or three additional angle holes are planned to test the geophysical anomaly.

All of the drill holes will be angled across the interpreted structures, supervised and logged by an independent geologist. Drill samples will be collected on 1.5 meter lengths and shipped to ALS Chemex in Reno, Nevada for analysis of gold and silver content.

All American Gold Corp. holds a 35% interest in the Goldfield West property and retains the right to acquire a further 10% interest in the property.

Goldfield West has been permitted for a total of 21 holes and the company will continue to further assess the overall potential of the exploration property.


BELLEVILLE

The Belleville Project is approximately 175 miles southeast of Reno, Nevada and approximately 250 miles northwest of Las Vegas, Nevada. The project is located near recent and historic producing mines including the Candelaria Silver Mine, which is ten miles to the east, and the Marietta Mine, six miles to the west. The Candelaria Silver Mine has produced more than $30 million in mineral resources, while the nearby Marietta Mine has attracted Great Western Mining Corporation PLC from Ireland. Both of these past producing mines lie within the Walker Lane structural and mineral belt, as does the Belleville Project, which is comprised of 10 unpatented mining claims spanning 74 acres.

Exposed rocks at Belleville are meta-sediments and meta-volcanics of the Triassic Excelsior formation. Also exposed on the property is a granite intrusion of late Mesozoic age. Several old pits and adits are developed along two semi-parallel shears in the Excelsior package. These shears contain quartz veins, stockworks and varying amounts of iron and copper minerals. Rock chip samples from these workings have revealed as much as 53 parts per million (ppm) gold.

A 43-101 technical report has been completed for the Belleville property and has been reviewed by the company's technical team. After the completion of geologic mapping and geochemical sampling, a Gradient IP-Resistivity and Ground Magnetic survey of the area was commissioned. Three potential drilling targets have been identified at the Belleville Project, one of which is the set of gold bearing shear zones described above. The second drilling target is a roughly 1000 foot long geophysical anomaly indicating the apparent extension of the mineralized shears under pediment. Belleville's third target occurs at the intersection of the mineralized structures with a major lithologic contact.

Scheduled to begin in the fall of 2011, the company plans to test the geophysical anomaly with angled reverse circulation (RC) drilling from two drill sites in the fall of 2011. A total of 1,500 to 2,000 feet of drilling is planned.

All American Gold Corp. holds a 70% interest in the Belleville property.
 

IOWA CANYON

The Iowa Canyon Property is located in Lander County, Nevada. Approximately 30 miles southeast of the Cortez Hills deposit. The Property is also located within 20 miles of the Cove-McCoy mine.

With several gold and silver bearing targets within a six square mile area, the Iowa Canyon property represents a nearly untested exploration opportunity. Recent exploration efforts have discovered multiple episodes of precious metals mineralization over a district-wide scale. Gold is hosted in a variety of rock types including silicified Tertiary volcanic and volcanoclastic sediments, quartz veins, quartz stockwork zones, carbon-rich Paleozoic sediments, and as jasperoid replacements of lower plate calcareous sediments.

The Iowa Canyon Project represents a high-quality exploration opportunity. The system correlates well with other nearby mineralizing centers such as Cove-McCoy and Pipeline-Cortez Hills. Gold and silver mineralization is found in upper and lower plate rocks, hypabyssal dikes or sills, and within Tertiary volcanics and volcanoclastics.

Historic drilling by several companies, including Hemlo Gold and Brancote, identified gold and silver jasperoids within upper and lower plate sediments, as well as gold and molybdenum-rich porphyry dikes. Sampling conducted by these groups, as well as Rio Algom, assayed up to 5.6 grams per ton gold within jasperoid developed within the lower plate carbonates, and 600 grams per ton silver from goassanous zones within upper plate siliceous rocks. Additionally, a single drill hole on the western side of the property contains up to 800 parts per million (ppm) molybdenum and 0.2 grams per ton gold over ten foot widths. The lower plate Hanson Creek Formation, a favorable host rock for Carlin style mineralization, has been identified in outcrop as well as drilling on the north, east and west portions of the Iowa Canyon Property.

To date, the Property has seen reasonable advances in defining surface targets based on geochemistry and geologic mapping. All American believes the Iowa Canyon Property is in need of an aggressive exploration program and is dedicated to pursuing a campaign that fully exploits the rich potential of the property's underlying opportunity. Presently, All American Gold Corp. holds a right of first refusal over the Iowa Canyon property for a period of 12 1/2 months ending September 8, 2011 as the company evaluates its level of participation.


 




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PostSubject
#2673  Sticky Note Bill updated a new filing out on 4/29/2017. cjstocksup 06/15/17 03:21:22 PM
#2213  Sticky Note Bill's list of current printing press companies(total scammer) surf1944 05/04/17 02:17:20 PM
#1836  Sticky Note OS unchanged: MDPennyPlayer 04/26/17 05:24:09 PM
#2856   1 guy have load 50m shares out of l2 hunter 08/22/17 03:38:56 PM
#2855   RE-STACKERS WILL GET TAKEN TOO, THEN WILL CRY [SMART MONEY] 08/22/17 03:26:29 PM
#2854   0004 whale slap.... l2 hunter 08/22/17 03:18:44 PM
#2853   so who's this Bill guy? jaekstrivon 08/22/17 01:50:46 PM
#2852   nite cdel csti etrd all retail koolmc 08/22/17 01:46:24 PM
#2851   Yes it is.. We'll be thinning out soon enough MoneyWorksForMe 08/22/17 01:39:48 PM
#2850   DD_dempsey, here with AAGC... stervc 08/22/17 01:32:42 PM
#2849   59.5 mill by 43.5 mill FuelEvolution 08/22/17 01:05:32 PM
#2848   54mil bid now on .0003 better start slapping Scrappy34 08/22/17 01:04:57 PM
#2847   i like the sound of that if it FuelEvolution 08/22/17 01:04:16 PM
#2846   AAGC .0004 on WHALE watch $treet Trader 08/22/17 12:59:59 PM
#2845   AAGC 1.5 bil o/s & a/s maxed out. l2 hunter 08/22/17 12:53:53 PM
#2844   Lolzzz ihub has a phone app!!! #DUMBMONEY DUMBMONEY 08/22/17 12:31:03 PM
#2843   yep .0004 break and hold will be the koolmc 08/22/17 12:26:13 PM
#2842   yep .0004 break and hold will be the koolmc 08/22/17 12:26:12 PM
#2841   I'm still holding a big position was able Welsh_Dragon 08/22/17 12:18:46 PM
#2840   After 0004 breakout point l2 hunter 08/22/17 12:13:52 PM
#2839   first decent hit at .0004 it's a start koolmc 08/22/17 12:07:41 PM
#2838   Nice milly slap on 4s. Go AAGC. OTC Knight 08/22/17 11:53:29 AM
#2837   Yup.. Tap Tappy MoneyWorksForMe 08/22/17 11:53:06 AM
#2836   bids building now 27 mill by FuelEvolution 08/22/17 11:47:05 AM
#2835   50.8 mill now on ask FuelEvolution 08/22/17 11:41:09 AM
#2834   AAGC .0004 setting up for a big move $treet Trader 08/22/17 11:39:54 AM
#2833   4 mill shares just went off FuelEvolution 08/22/17 11:39:03 AM
#2832   AAGC next BITCOIN R/M gainer? 0003 accumulation is l2 hunter 08/22/17 10:45:12 AM
#2831   .0004 pivot point, been in this area before, koolmc 08/22/17 10:21:48 AM
#2830   buying going on. 10m vol first 20 min today. l2 hunter 08/22/17 09:47:54 AM
#2829   I cant be around this week until maybe cjstocksup 08/22/17 01:44:31 AM
#2828   As well the load happen at .0003 pps ! DD_dempsey 08/22/17 01:41:24 AM
#2827   119m volume and strong 0003 bids builded. Someone l2 hunter 08/22/17 01:20:30 AM
#2826   Doing my DD- it appears $AAGC making a DD_dempsey 08/22/17 01:01:47 AM
#2825   .0004's and .0005's were the cheapies once we cjstocksup 08/22/17 12:56:00 AM
#2824   AAGC has been a gold play as per cjstocksup 08/22/17 12:55:01 AM
#2823   And just like that $AAGC breakout coming? DD_dempsey 08/22/17 12:49:49 AM
#2822   I was thinking the same thing. In my cjstocksup 08/22/17 12:41:06 AM
#2821   probably bit coin bill likes the hot sectors koolmc 08/21/17 09:19:49 PM
#2820   i follow the waves in investments,, gold looks abrois 08/21/17 07:42:20 PM
#2819   Mega huge accumulation. AAGC ready to rumble. OTC Knight 08/21/17 05:21:21 PM
#2818   This can run like SPCL did. .01 would Scrappy34 08/21/17 05:10:42 PM
#2817   Yeppers, lol. And maybe the CEO will tweet badgerbob 08/21/17 04:39:06 PM
#2816   not really getting a push just need ask koolmc 08/21/17 04:03:16 PM
#2815   gold gunning $1300,, seems to be waking aagc up'''' abrois 08/21/17 03:56:40 PM
#2814   4s getting nice and thin here. I bet OTC Knight 08/21/17 03:53:40 PM
#2813   .0004 thinned out koolmc 08/21/17 03:41:02 PM
#2812   AAGC .0003 x .0004 again,lets see some $treet Trader 08/21/17 03:40:06 PM
#2811   Great Start MoneyWorksForMe 08/21/17 03:34:38 PM
#2810   There are no gold leases. The former company badgerbob 08/21/17 03:32:48 PM
#2809   haha figures! Mistr Tommy 08/21/17 03:23:21 PM
#2808   2011 PR ,lol $treet Trader 08/21/17 03:22:52 PM
#2807   on twitter people are saying $AAGC Announced Yesterday Mistr Tommy 08/21/17 03:21:51 PM
PostSubject