North American Gold (fka NAU)

[No1Uknow]

Silver Mountain Mines Inc. Completes RTO to Become NevGold Corp. and Closes C$6.3M Financing



CALGARY, Alberta, June 24, 2021 (GLOBE NEWSWIRE) -- Silver Mountain Mines Inc. (the “ Company ”) (TSXV), announces that it has completed the acquisition (the “ Transaction ”) of the privately held NevGold Corp. (“ NevGold ”). In accordance with the terms of the Transaction, NevGold has amalgamated with a wholly-owned subsidiary of the Company, 1288412 BC Ltd., pursuant to the terms of a definitive amalgamation agreement dated February 17, 2021, as amended, among NevGold, the Company and 1288412 BC Ltd., and the Company has changed its name to “NevGold Corp.” (the “ Name Change ”). The Transaction constitutes a reverse take-over of the Company pursuant to the policies of the TSX Venture Exchange (the “ Exchange ”). The common shares of the Company are expected to recommence trading on the Exchange at the opening of the markets on June 28, 2021 under the new ticker symbol “NAU”. The Transaction is subject to the final acceptance of the Exchange.

Brandon Bonifacio, President, CEO, and Director of NevGold, commented: “We are very pleased with the support from our existing and new shareholder base and the level of interest with a financing that was well over our minimum target. Our team is excited to advance and de-risk our highly prospective, district-scale asset base in Nevada and British Columbia by leveraging our strong operational track record of project development success to deliver value for all of our stakeholders. We now look forward to commencing our field programs at the Limousine Butte, Cedar Wash, and Ptarmigan properties over what will be a very active remainder of 2021 for NevGold.”

Steve Konopelky, President, CEO, and Director of Silver Mountain, and incoming Director of NevGold: “I’d like to thank NevGold’s team for all of their continued efforts and all SMM shareholders for their continued support in this transaction. We are very excited about the coming together of two great companies with untapped potential, and a driven management team. We can now move forward and deliver from our assets: people and projects.”

In connection with completion of the Transaction, NevGold completed a brokered financing (the “ Financing ”) through the issuance of 15,662,333 subscription receipts (each, a “ Subscription Receipt ”) at a price of $0.40 per Subscription Receipt, for gross proceeds of $6,264,933.20 with Red Cloud Securities Inc. acting as lead agent, and a syndicate including Haywood Securities Inc. (collectively, the “ Agents ”). Immediately prior to completion of the Transaction, each Subscription Receipt was automatically converted into securities of NevGold, that were exchanged in the Transaction for one common share of the Company and one-half of one common share purchase warrant of the Company (a “ Warrant ”). Each Warrant is exercisable for a period of two years to acquire an additional common share of the Company at an exercise price of $0.60. The proceeds of the Financing were released from escrow concurrently with the completion of the Transaction. Following the release of the proceeds, NevGold paid cash commission of $234,135.90 to the Agents, and issued in aggregate 549,969 broker warrants (the “ Broker Warrants ”). Each Broker Warrant entitles the holder thereof to acquire one common share in the capital of the Company at an exercise price of $0.40 until June 22, 2023.

Following completion of the Transaction, the Company has 49,634,552 common shares issued and outstanding. Following the Name Change, the CUSIP number of the Company’s common shares has changed to 641536107 and its ISIN to CA6415361071.

Acquisition of the Limousine Butte and Cedar Wash Projects
Concurrently with the completion of the Transaction, the Company acquired the Limousine Butte and Cedar Wash projects in Nevada from McEwen Mining Inc. (“ McEwen ”) through the Company’s wholly-owned subsidiary Nevgold USA Inc. pursuant to the terms of asset purchase and sale agreement dated December 14, 2020, as amended, between NevGold, McEwen and certain of McEwen’s affiliates, as further described in the Information Circular (as defined below). On closing of the Transaction, the Company issued to McEwen 4,963,455 common shares of the Company and common share purchase warrants of the Company exercisable to acquire 2,481,727 common shares of the Company, which warrants have an exercise price equal to $0.60 per warrant share until June 22, 2023.

Board of Directors and Management
Following completion of the Transaction, the board of directors of the Company has been reconstituted to consist of Giulio Bonifacio (Chairman), Brandon Bonifacio, Victor Bradley, Steve Konopelky, Greg French, Tim Dyhr, and Morgan Hay.

Management of the Company has also been reconstituted to consist of Brandon Bonifacio as President and Chief Executive Officer, Bob McKnight as Chief Financial Officer and Executive VP Corporate Development, and Catherine Cox as Corporate Secretary.

Grant of Stock Options
In connection with the Transaction, the Company granted an aggregate of 3,800,000 stock options of the Company, effective as of the closing of the Transaction, to certain directors, officers and consultants of the Company as disclosed in the Information Circular. Each of the options is exercisable into one common share of the Company at an exercise price of $0.40 per share for a period of five years following the Transaction. All of the options vested on the date of grant.

Information Circular
The Company has filed an Information Circular on SEDAR (www.sedar.com) dated May 12, 2021, relating to the Transaction (the “ Information Circular ”). Readers are encouraged to review the Information Circular, which provides detailed information about the Transaction and the business of the Company. The Company is anticipated to be listed on the Exchange as a Tier 2 Mining Issuer, under the ticker symbol “NAU”. Trading in the common shares of the Company is currently halted pending completion of customary final filings with the Exchange in respect of the Transaction.

ON BEHALF OF THE BOARD

“Signed”

Brandon Bonifacio, President & CEO
Steve Konopelky, Director

For further information, please contact Brandon Bonifacio at [e-mail] or call 604-337-4997.

About the Company
The Company is an exploration and development company targeting large-scale mineral systems in the proven districts of Nevada and British Columbia. NevGold owns a 100% interest in the Limousine Butte and Cedar Wash Projects in Nevada, and the Ptarmigan silver polymetallic project in Southeast BC that was owned by the former Silver Mountain Mines.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release does not constitute an offer to sell and is not a solicitation of an offer to buy any securities in the United States. The securities of the Company and NevGold have not been and will not be registered under the United States Securities Act of 1933, as amended (the “ U.S. Securities Act ”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws unless pursuant to an exemption from such registration.

Cautionary Note Regarding Forward Looking Statements

This news release contains forward-looking statements that are based on the Company’s current expectations and estimates. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “suggest”, “indicate” and other similar words or statements that certain events or conditions “may” or “will” occur, and include, without limitation, statements regarding the anticipated date that the Company’s common shares will recommence trading on the Exchange and the final approval of the Exchange to the Transaction. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements, such as the Company not obtaining final Exchange acceptance. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.



Primary Logo
GlobeNewswire
June 24, 2021 - 5:30 AM PDT

[No1Uknow]

This should light up again with the Rob McEwen investment here and it is public again.. in it for the long haul at this point

[mgland]

OT;
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DJAIG ZINCTR $DJAIGZSTR Dow Jones GlobalIndexes
Kagara Zinc Ltd KGRZF OTC
Toho Zinc CO Ltd TOZOF OTC
Yukon Zinc Corp YZCCF OTC
Yunnan Chihong Zinc&Germanium Co Ltd YUCZF OTC
Zincore Metals Inc ZCRMF OTC

[Ed Monton]

Wish I hadn't now. lol

[Ed Monton]

Doesn't look like it. I sold mine in late September after that release came out on the 23rd.

[Ed Monton]

North American Gold Inc.: Drilling Completed at Norra
and Barsele Historical Data Base Recovered

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 27, 2004) - North
American Gold Inc. (TSX-V: NAU) is pleased to announce the completion of
drilling at both the Norra and Barsele properties.The drilling at the
Norra property consisted of 17 core holes totaling 2677.5 meters. The
drilling at the Barsele property consisted of 13 core holes totaling
2278 meters. Assays are pending for some holes at Norra and Barsele.

In conjunction with evaluating assays from the current drill program,
North American Gold has recovered the historical database for both Norra
and Barsele. The database consists of drill data, assay certificates,
geologic and surface sample information, as well as other important
project information. The Company is currently going through a rigid QC
program to verify the accuracy of information contained in the
historical database.

A down hole EM survey has been completed on the Norra zone and North
American Gold is awaiting a final report from it's contractor.

Commenting on the value of the historical data base, Buck Morrow,
President says, "We are very excited about the information we have
recently recovered and look forward to verifying all the data. In
essence, the information from the historical data base could save the
company significant dollars in drilling cost and will help us to further
define our winter drill program. Working through a data base of this
size will take a bit of time but from what we have seen so far, it will
be well worth the effort." The historical data consists of almost all of
the drill hole logs and the assay certificates on the 320 previous holes
drilled on the Norra and Barsele projects as well as other important
project information.

Background

North American Gold Inc. has an option to acquire a 60% interest in the
Norra and Barsele properties from Minmet plc by incurring a total of US
$3.5 million in exploration expenditures and issuing 400,000 shares to
Minmet by November 3, 2006 (see news release November 3, 2003).

ON BEHALF OF THE BOARD

Buck Morrow, President

NORTH AMERICAN GOLD INC.


-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
North American Gold Inc.
Kareen McKinnon
Toll Free: 1-888-627-9378
Website: www.northamgold.com
The TSX Venture Exchange has not reviewed and does not take
responsibility for the accuracy of this release.

[Tackler]

Anyone paying close attention to this resource? These results did not impress me but the volumes on the stock lately have. Maybe some accumulation before better results come out? I have reduced my position a bit the last couple days.

[Tackler]

North American provides Central zone assays

2004-10-04 10:48 ET - News Release

Mr. Buck Morrow reports

LATEST ASSAY RESULTS FROM CENTRAL INDICATE THE POTENTIAL FOR A STRUCTURAL RELATIONSHIP BETWEEN NORRA, AVAN AND CENTRAL

North American Gold Inc. has provided the latest assay results from the Central zone drilling program at the Barsele project in northern Sweden.

 
  
 Hole No.   From    To   Au     Ag    Zn  
             (m)   (m)  (g/t)  (g/t)  (%) 
  
 DDH 04-06  19.9  37.5   4.9    98    1.5 
 Incl.      24.9  29.1  11.6    88    3.1 
  
 DDH 04-07  48.6  86.6   0.9     -      - 
 Incl.      66.5  68.5   4.6     -      - 
  
 DDH 04-08  52.3  54.0   9.3     -      - 
  
 DDH 04-09   8.6  12.5   4.9     -      - 
 and       100.7 105.7   2.3     -      - 
  
 DDH 04-10 115.0 115.9  27.2     -      - 
 

The results of holes 04-06 through 04-10 suggest the presence of a northwest-trending quartz-sulphide breccia vein zone located at the western margin of the Central zone. The drilling indicates that the vein zone may trend southeast into the main low-sulphide Central zone, and is open to the northwest. A plan map of drill hole locations has been posted on North American Gold's website www.northamgold.com.

Buck Morrow, president of North American Gold, said: "The latest assay results from the Central zone suggest a new, higher-grade, vein-type zone is present outside of the previously drilled area. We have not seen these high silver and zinc values previously at the Central zone. Some of the high-grade mineralization is very close to surface, as in holes 06 and 09, and we are considering a trench to expose this zone for detailed structural studies and metallurgical testing. The high-grade intercept in hole 10 is significant because it demonstrates that new gold mineralization remains to be discovered along the Norra-Avan-Central corridor. With more exploration, including drilling, we may find that the three zones are structurally linked."

Drilling has now commenced at the Skirasen zone and assays remain pending from holes 04-11, 04-12 and 04-15 through 04-27 at the Norra zone -- Cee Lake targets. North American has now fulfilled its 2004 exploration obligations at the Norra project and, once the Skirasen drilling is complete, the Barsele obligations will also have been met. All exploration data are now being compiled, integrated and reviewed to assess the next round of drill targets.

National Instrument (NI) 43-101 compliance

The 2004 drilling program is being supervised by Harmen Keyser, PGeol, a qualified person under NI 43-101, who has verified the data disclosed in this release. It is not yet possible to make a conclusive statement relating sample interval to true width, as the structural controls on mineralization remain poorly understood. The silver value reported in hole 04-06 contains several assay overlimits, and is subject to revision upon receipt of more assays. Assays have been performed by Omac Laboratories (ISO 9001:2001) of Loughrea, Ireland, and ALS Chemex (ISO 9001:2000) of Vancouver, B.C., Canada, using standard fire assays for gold and AAS for silver and zinc.

Background

North American has an option to acquire a 60-per-cent interest in the adjoining Norra and Barsele properties from Minmet PLC by incurring a total of $3.5-million (U.S.) in exploration expenditures and issuing 400,000 shares to Minmet by Nov. 3, 2006 (see news release in Stockwatch dated Nov. 3, 2003). For more information, please refer to North American's website www.northamgold.com or call Kareen McKinnon toll-free at 1-888-627-9378.

[Ed Monton]

North American Gold Inc.: Drilling Continues on Norra
and Barsele; Strike Length at Norra Extended

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 28, 2004) - North
American Gold Inc. (TSX-V: NAU) is pleased to provide an update on
the progress of exploration activities at the adjoining Barsele and
Norra Projects in Vasterbotten District, Sweden.

Barsele Project:

The Barsele project area hosts six known gold exploration targets.
The six targets contain previously drilled intercepts of bedrock gold
mineralization. During 2004, North American Gold Inc. has completed
10 diamond drill holes for a total of 1671 meters in one of the six
target areas. The 10 (2004) holes have been drilled in the Central
zone. Drill results are being reported in the order they are
received. Assays remain pending for holes 04-08 through 04-10, and
will be reported when received and confirmed by our continuing
quality assurance program.

Three of the six exploration targets, Skirasen, Risberget and
Skirttraskbacken zones, are located to the south of the Central zone
within the Barsele Project area. North American Gold is currently
carrying out geological mapping and geophysical surveys over these
areas in order to refine drill targets. Based on current information
and historical drill holes, three confirmation diamond drill holes
are scheduled to be drilled at Skirasen this fall. Additional
drilling at the Skirasen zone will be decided, once the results of
the three confirmation holes are received and reviewed.

Drill targets for the Avan and Stortrasket zones will be developed
over the winter. A winter drill program will be scheduled, based upon
the results of our evaluation. Both of these target areas have
previously encountered gold intercepts in drill holes. The Avan zone
lies on trend with the Norra, Central and Skirasen zones.

Norra Project:

Two separate zones of high sulfide mineralization are known to occur
within the Norra project area. The sulfides are dominated by iron,
zinc and copper minerals. Iron-arsenic sulfides are also present
along with gold and silver values. In 2004 North American Gold has
completed 16 diamond drill holes for 2482 meters at the Norra zone.
Drilling continues along the strike of the Norra zone towards the Cee
Lake geophysical anomalies. Assays are pending on all holes including
additional intervals from 04-13 and 04-14. Assays are being reported
in the order they are received and confirmed.

The 2004 drilling at the Norra zone has added substantially to the
strike length and geologic knowledge of the target areas. A down hole
EM survey is underway in support of the current drill program. The
down hole EM survey will be integrated with other geophysical data to
help identify additional drill targets at Norra and assist in the
understanding of the down dip potential of the known mineralization.

Approximately mid-way, and on trend between the Tattartjarnliden and
Norra targets, a series of gravity, EM and magnetic anomalies
coincide with favorable stratigraphy at Cee Lake, and soil anomalies
to the northwest. The entire trend of over four kilometers remains
highly prospective for the discovery of similar mineralization to
that encountered at the Norra zone.

Commenting on the progress to date, Buck Morrow President of North
American Gold Inc., stated, "The excellent progress made by North
American's staff and Kati drilling has opened up several
opportunities over an extensive area at both Norra and Barsele. As we
receive additional drill results and geophysical information in the
coming weeks, we will be better able to plan our next round of
drilling. As predicted, we encountered sulfide mineralization along
strike with the Norra zone using the geophysics and are very
encouraged."

Background

North American Gold Inc. has an option to acquire a 60% interest in
the Norra and Barsele properties from Minmet plc by incurring a total
of US $3.5 million in exploration expenditures and issuing 400,000
shares to Minmet by November 3, 2006 (see news release November 3,
2003). For more information, please refer to North American's website
www.northamgold.com or call Kareen McKinnon toll free at 1 888 627
9378.

NI 43-101 Compliance

The 2004 drilling program is being supervised by Harmen Keyser, P.
Geol., a qualified person under NI 43-101, who has verified the data
disclosed in this release.

ON BEHALF OF THE BOARD

Buck Morrow, President

NORTH AMERICAN GOLD INC.


-30-


FOR FURTHER INFORMATION PLEASE CONTACT:
North American Gold Inc
Kareen McKinnon
Toll Free: 1-888-627-9378
Website: www.northamgold.com
The TSX Venture Exchange has not reviewed and does not take
responsibility for the accuracy of this release.

[Ed Monton]

The market didn't like this latest news. This stock is so illiquid it doesn't take much to push it down.

[Ed Monton]

Beat you to it. #msg-4115062

[veteran98]

North American Gold provides Norra project first assays


North American Gold Inc (TSX-V:NAU)
Shares Issued 15,866,115
Last Close 9/22/2004 $0.42
Thursday September 23 2004 - News Release

Mr. Buck Morrow reports

ASSAY RESULTS FROM DRILLING AT NORRA EXTENDS MINERALIZATION TO THE NORTHWEST

North American Gold Inc. has provided the first assay results from a continuing diamond drilling program at the Norra project in northern Sweden. A total of 10 holes have been completed to date at the Norra zone.

The 2004 drilling program at Norra has been designed to test for strike extents of polymetallic (including gold) rich massive sulphide mineralization tested in 2003. In 1993 for example, hole 03-005 returned eight metres averaging 11.0 grams per tonne (g/t) gold (Au), 91.0 g/t silver (Ag), 3.5 per cent copper (Cu) and 3.7 per cent zinc.

The latest holes, from a 45-metre step-out, confirm that the gold-rich massive sulphide mineralization continues and remains open to the northwest. This is along strike with favourable stratigraphy and closely coincident with gravity-EM-magnetic anomalies further to the northwest at Cee Lake. This zone is developing into an important gold-rich massive sulphide body with promising strike potential.


Hole No. From To Au Ag
(m) (m) (g/t) (g/t)

DDH 04-13 89.55 90.52 2.1 11.2
90.52 91.35 5.8 60.6
91.35 92.35 1.0 56.7
92.35 93.35 4.2 43.6
Wt'd Avg: 89.55 93.35 3.2 42.5

DDH 04-14 98.65 99.65 10.5 45.6
99.65 100.20 6.9 132.0
100.20 101.10 6.6 80.5
101.10 101.73 12.0 66.4
Wt'd Avg: 98.65 101.75 9.0 75.5

Hole No. From To Cu Zn
(m) (m) (%) (%)

DDH 04-13 89.55 90.52 0.1 1.4
90.52 91.35 2.0 3.0
91.35 92.35 1.0 0.6
92.35 93.35 0.5 1.4
Wt'd Avg: 89.55 93.35 0.8 1.5

DDH 04-14 98.65 99.65 1.3 0.6
99.65 100.20 2.2 18.0
100.20 101.10 2.6 6.8
101.10 101.73 0.4 2.0
Wt'd Avg: 98.65 101.75 1.6 5.8


Commenting on the assays from holes DDH 04-13 and 04-14, Buck Morrow, president, said: "These are the type of results we were hoping for at Norra. This zone represents new high-value polymetallic mineralization in the Skelleftea VMS (volcanic massive sulphide) belt, one of the world's most productive gold-rich VMS environments. Our exploration team has done an excellent job of targeting these holes and significantly increasing the exploration potential along a strike length exceeding two kilometres. We are currently exploring the northwest strike potential in the area of the gravity surveys, but we can't forget about the southeast direction either. The proximity of the Norra zone mineralization to the gravity anomalies at Cee Lake, as well as other known gold-bearing zones including Avan, Central and Skirasen, is becoming more and more significant."

In addition, more assays are now available from the Barsele Central zone, as follows:


Hole No. From To Width Au
(m) (m) (m) (g/t)

DDH 04-06(1) 19.9 31.4 11.5 7.4
Including 24.9 29.1 4.2 11.6
55.5 60.5 5.0 2.2

DDH 04-07 48.6 86.6 38.0 0.9
Including 66.5 76.7 10.2 1.8
Including 66.5 68.5 2.0 4.6


(1) Assays from hole 04-06 announced in Stockwatch on Sept. 9, 2004.

Holes 04-06 and 04-07 tested the western margin of the Barsele Central zone and continue to increase the size of the mineral occurrence.

The remaining assays in holes 04-11, 04-12 and 04-15 through 04-20 at Norra, as well as holes 04-08 through 04-10 at the Barsele Central zone, are pending, and will be reported when available and confirmed. Drilling is continuing along strike to the northwest at Norra.

National Instrument (NI) 43-101 compliance

The 2004 drilling program is being supervised by Harmen Keyser, PGeol, a qualified person under NI 43-101, who has verified the data disclosed in this release. It is not yet possible to make a conclusive statement defining true width in these intercepts, as adjoining assay intervals remain pending at Norra. Averages reported in this news release are weighted to sample width and not to specific gravity. Assays have been performed by Omac Laboratories (ISO 9001:2001) of Loughrea, Ireland, and ALS Chemex (ISO 9001:2000) of Vancouver, B.C., Canada, using standard fire assays for gold and AAS for silver, copper and zinc.

Background

North American has an option to acquire a 60-per-cent interest in the adjoining Norra and Barsele properties from Minmet PLC by incurring a total of $3.5-million (U.S.) in exploration expenditures and issuing 400,000 shares to Minmet by Nov. 3, 2003 (see news release in Stockwatch dated Nov. 3, 2003). For more information, please refer to North American's website www.northamgold.com or call Kareen McKinnon toll-free at 1-888-627-9378.

© 2004 Canjex Publishing Ltd.

[Ed Monton]

North American Gold Inc.: Assay Results From Drilling at
Norra Extends Mineralization to the Northwest

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 23, 2004) -
North American Gold Inc. (TSX-V:NAU) is pleased to provide the
first assay results from an on-going diamond drilling program at
the Norra project in northern Sweden. A total of 10 holes have
been completed to date at the Norra Zone.

The 2004 drilling program at Norra has been designed to test for
strike extents of polymetallic (including gold) rich massive
sulfide mineralization tested in 2003. In 1993 for example hole
03-005 returned 8 m averaging 11.0 g/t Au, 91.0 g/t Ag, 3.5%
Copper, and 3.7% zinc.

The latest holes, from a 45 meter step-out, confirm that the
gold-rich massive sulfide mineralization continues and remains
open to the northwest. This is along strike with favorable
stratigraphy, and closely coincident with gravity-EM-magnetic
anomalies further to the northwest at Cee Lake. This zone is
developing into an important gold-rich massive sulfide body with
promising strike potential.


/T/

Hole No. From To Width m Au g/t Ag g/t Cu % Zn %
DDH 04-13 89.55 90.52 0.97 2.1 11.2 0.1 1.4
90.52 91.35 0.83 5.8 60.6 2.0 3.0
91.35 92.35 1.0 1.0 56.7 1.0 0.6
92.35 93.35 1.0 4.2 43.6 0.5 1.4
Wt'd Avg: 89.55 93.35 3.8 3.2 42.5 0.8 1.5

DDH 04-14 98.65 99.65 1.0 10.5 45.6 1.3 0.6
99.65 100.2 0.55 6.9 132.0 2.2 18.0
100.2 101.1 0.9 6.6 80.5 2.6 6.8
101.1 101.73 0.63 12.0 66.4 0.4 2.0
Wt'd Avg: 98.65 101.75 3.1 9.0 75.5 1.6 5.8

/T/



Commenting on the assays from holes DDH 04-13 and 04-14, Buck
Morrow, President, said, "These are the type of results we were
hoping for at Norra. This zone represents new high value
polymetallic mineralization in the Skelleftea VMS belt, one of
the world's most productive gold-rich VMS environments. Our
exploration team has done an excellent job of targeting these
holes, and significantly increasing the exploration potential
along a strike length exceeding two kilometers. We are currently
exploring the northwest strike potential in the area of the
gravity surveys, but we can't forget about the southeast
direction either. The proximity of the Norra zone mineralization
to the gravity anomalies at Cee Lake, as well as other known
gold-bearing zones including Avan, Central, and Skirasen, is
becoming more and more significant."

In addition, more assays are now available from the Barsele
Central Zone, as follows:


/T/

Hole No. From To Width m Au g/t
DDH 04-06(1) 19.9 31.4 11.5 7.4
Including 24.9 29.1 4.2 11.6
55.5 60.5 5 2.2
DDH 04-07 48.6 86.6 38 0.9
Including 66.5 76.7 10.2 1.8
Including 66.5 68.5 2 4.6

(1). Assays from hole 04-06 announced on 9 September, 2004.

/T/

Holes 04-06 and 04-07 tested the western margin of the Barsele
Central Zone, and continue to increase the size of the mineral
occurrence.

The remaining assays in holes 04-11, 04-12 and 04-15 through
04-20 at Norra, as well as holes 04-08 through 04-10 at the
Barsele Central Zone, are pending, and will be reported when
available and confirmed. Drilling is continuing along strike to
the northwest at Norra.

NI 43-101 Compliance

The 2004 drilling program is being supervised by Harmen Keyser,
P.Geol., a qualified person under NI 43-101, who has verified the
data disclosed in this release. It is not yet possible to make a
conclusive statement defining true width in these intercepts, as
adjoining assay intervals remain pending at Norra. Averages
reported in this news release are weighted to sample width and
not to specific gravity. Assays have been performed by Omac
Laboratories (ISO 9001:2001) of Loughrea, Ireland and ALS Chemex
(ISO 9001:2000) of Vancouver, Canada using standard fire assays
for gold and AAS for silver, copper, and zinc.

Background

North American has an option to acquire a 60% interest in the
adjoining Norra and Barsele properties from Minmet plc by
incurring a total of US $ 3.5 million in exploration expenditures
and issuing 400,000 shares to Minmet by November 3, 2006 (see
news release November 3, 2003). For more information, please
refer to North American's website www.northamgold.com or call
Kareen McKinnon toll free at 1 888 627 9378.

ON BEHALF OF THE BOARD OF DIRECTORS

Buck Morrow

NORTH AMERICAN GOLD INC

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
North American Gold Inc
Kareen McKinnon
Toll Free: 1-888-627-9378
Website: www.northamgold.com
The TSX Venture Exchange has not reviewed and does not take
responsibility for the accuracy of this release

[Ed Monton]

North American Gold Announces More Assay Results From
Barsele-Central Zone Confirming Gold Mineralization

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 9, 2004) -
North American Gold Inc. (TSX-V: NAU) is pleased to provide the
latest assay results from an on-going diamond drilling program at
the Barsele project in northern Sweden. A total of 10 holes have
been completed to date at the Central Zone, with results of the
first four holes reported on 25 August, 2004.

The latest holes continue to return gold intercepts confirming
that mineralization remains open to extension in all directions,
and that the Central Zone has an excellent configuration for
potential open pit mining.

 
  
 ---------------------------------------------------------------------- 
 Hole No.        From (m)        To (m)      Interval (m)        Au g/t 
 ---------------------------------------------------------------------- 
 ---------------------------------------------------------------------- 
 DDH 04-05(i)         25           120                95            1.0 
 ---------------------------------------------------------------------- 
 Includes             25            33                 8            1.8 
 ---------------------------------------------------------------------- 
 and                  35            38                 3            1.7 
 ---------------------------------------------------------------------- 
 and                  53            55                 2            3.7 
 ---------------------------------------------------------------------- 
 and                  64            67                 3            3.6 
 ---------------------------------------------------------------------- 
 and                  88            94                 6            2.5 
 ---------------------------------------------------------------------- 
 and                 102         104.4               2.4            3.1 
 ---------------------------------------------------------------------- 
 and                 116           120                 4            1.5 
 ---------------------------------------------------------------------- 
                                                                        
 ---------------------------------------------------------------------- 
 DDH 04-05           165           200                35            1.0 
 ---------------------------------------------------------------------- 
 Includes            186           191                 5            2.3 
 ---------------------------------------------------------------------- 
 and                 197           200                 3            1.3 
 ---------------------------------------------------------------------- 
                                                                        
 ---------------------------------------------------------------------- 
 DDH 04-06          19.9          31.4              11.5            7.4 
 ---------------------------------------------------------------------- 
 Includes           24.9          29.1               4.2           11.6 
 ---------------------------------------------------------------------- 
                    55.5          60.5                 5            2.2 
 Pending            60.5         147.8                 -              - 
 ---------------------------------------------------------------------- 
  
 (i) Assays for interval 25-120 m in DDH 04-05 reported  
 on 25 August, 2004.  
  
 

..................



Commenting on the assay results from holes DDH 04-05 and 04-06,
Buck Morrow, President, said, "I am pleased that our wide spaced
drilling program at the Central Zone continues to give us
encouraging results. Gold mineralization remains open at depth as
demonstrated by the results at the bottom of hole DDH 04-005 and
other previously drilled holes. It also appears we have
identified higher-grade gold mineralization to the northwest. We
have a lot more work to do, including more drilling, before we
can fully assess the potential of the Central Zone."

The remaining assay results from holes 04-07 through 04-10 at the
Central Zone are pending, and will be reported when available and
confirmed. Additional exploration is continuing at the gold-rich
Norra VMS target, following up on previous drill hole BSL 03-005
with 8m averaging 11.02 g/t Au, 91.0 g/t Ag, 3% Copper, and 3.7%
zinc, as reported in news release dated January 26, 2004. North
American Gold has completed 10 holes at the Norra VMS target and
continues to drill.

NI 43-101 Compliance

The 2004 drilling program is being supervised by Harmen Keyser,
P.Geol., a qualified person under NI 43-101, who has verified the
data disclosed in this release. It is not possible to make a
conclusive statement relating sample widths to true widths, as
the structural controls on mineralization remain poorly
understood. The true width of the interval 19.9 to 31.4m in hole
04-006 will be less than the apparent width. Assays have been
performed by Omac Laboratories (ISO 9001:2001) of Loughrea,
Ireland using standard fire assay procedures.

Background

North American has an option to acquire a 60% interest in the
Norra and Barsele properties from Minmet plc by incurring a total
of US $ 3.5 million in exploration expenditures and issuing
400,000 shares to Minmet by November 3, 2006 (see news release
November 3, 2003). For more information, please refer to North
American's website www.northamgold.com or call Kareen McKinnon
toll free at 1 888 627 9378.

ON BEHALF OF THE BOARD

Buck Morrow, President

NORTH AMERICAN GOLD INC.



-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
North American Gold Inc.
Kareen McKinnon
Toll Free: 1-888-627-9378
Website: www.northamgold.com
The TSX Venture Exchange has not reviewed and does not take
responsibility for the accuracy of this release.

[Tackler]

[Ed Monton]

North American Gold Issues Ammendment to News Release
Dated August 25, 2004

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 25, 2004) -
Further to the press release dated August 25, 2004, North
American Gold Inc. (TSX-V: NAU) would like to clarify the
following two statements:

1. "it is clear that the Central zone is a large gold deposit" -
in the essence of accuracy it should read "it is clear that the
Central zone is a large mineralized gold occurrence."

2. "the deposit has an excellent configuration for open pit
mining" - this should read "mineralization is near surface and
will be evaluated in future for open pit mining."

Background

North American has an option to acquire a 60% interest in the
Norra and Barsele properties from Minmet plc by incurring a total
of US $ 3.5 million in exploration expenditures and issuing
400,000 shares to Minmet by November 3, 2006 (see news release
November 3, 2003). For more information, please refer to North
American's website www.northamgold.com or call Kareen McKinnon
toll free at 1 888 627 9378.

ON BEHALF OF THE BOARD

Buck Morrow, President

NORTH AMERICAN GOLD INC.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
North American Gold Inc.
Kareen McKinnon
1-888-627-9378
Website: www.northamgold.com
The TSX Venture Exchange has not reviewed and does not take
responsibility for the adequacy or accuracy of this release.

[Ed Monton]

Excellent news though by the trading the last couple of days it looks as though it may have been leaked.

North American Gold Issues Most Recent Assay Results on
Barsele, Extending Central Zone

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 25, 2004) -
North American Gold (TSX-V: NAU) is pleased to announce results
received to date from the ongoing drill program at the Barsele
gold project in northern Sweden. Results of the first four holes
and partial results from hole five have been received and are
reported. These holes were completed at the Central Zone, one of
eight known bedrock gold occurrences on the 6,000 hectare
property.

All holes returned significant gold intercepts confirming that
mineralization remains open to extension in all directions, and
that the deposit has an excellent configuration for open pit
mining. A map showing the locations of all holes completed in the
current program is available on the North American Gold web site
( www.northamgold.com ).

 
  
 --------------------------------------------------------------------- 
 Hole No      From (m)        To (m)         Interval (m)       Au g/t 
 --------------------------------------------------------------------- 
                                                                  
 --------------------------------------------------------------------- 
 DDH 04-01         44            56                   12           1.0 
 --------------------------------------------------------------------- 
                   78            88                   10           1.7 
 --------------------------------------------------------------------- 
                   97           119                   22           2.0 
 --------------------------------------------------------------------- 
                  132           157                   25           1.3 
 --------------------------------------------------------------------- 
                                                                       
 --------------------------------------------------------------------- 
 DDH 04-02         65            81                   16           1.3 
 --------------------------------------------------------------------- 
                  154           166                   12           2.2 
 --------------------------------------------------------------------- 
                  187           209                   22           1.2 
 --------------------------------------------------------------------- 
                                                                       
 --------------------------------------------------------------------- 
 DDH 04-03         27            38                   11           1.6 
 --------------------------------------------------------------------- 
                   51            93                   42           1.7 
 --------------------------------------------------------------------- 
  
 --------------------------------------------------------------------- 
 DDH 04-04         41            53                   12           1.0 
 --------------------------------------------------------------------- 
                   77            83                    6           1.3 
 --------------------------------------------------------------------- 
                                                                       
 --------------------------------------------------------------------- 
 DDH 04-05 (i)     25           120                   95           1.0 
 --------------------------------------------------------------------- 
                  129           200                   71       pending 
 --------------------------------------------------------------------- 
 (i) Hole 04-05 assays pending for the interval 129m to 200m. 
  
 

.............


Commenting on the assays from holes DDH 04-01 to 04-04, Buck
Morrow, President, said,

"Getting these broad mineralized intercepts in holes turned 90
degrees from the previous drilling programs gives us a high level
of confidence that a substantial volume of gold mineralization is
present at the Central Zone. The deposit remains open in all
directions."

"We've also had intriguing results where we've assayed larger
sample sizes. For example, preliminary cyanide bottle roll tests
for metallurgical purposes have shown gold recoveries up to 60%
higher than indicated by fire assay, and a one tonne bulk sample
collected in 1995 averaged 5.1 g/t gold from an area which
drilling had suggested averaged less than 1 g/t. We suspect that
the gold values we're seeing from our drill core may be
underestimated due to a combination of factors, specifically the
small sample size used in standard fire assays, and an irregular
distribution of coarse gold."

"A second bulk sampling program is being initiated to address
these discrepancies. We have a lot more work to do before we can
provide a NI 43-101 compliant resource calculation, but it is
clear that the Central Zone is a large gold deposit."

The first five holes totaled 1,040 meters and were drilled over a
widely spaced area but within the previously drill tested Central
Zone. All five were inclined to the northwest, perpendicular to
previous drill sections. A total of ten holes have now been
completed at the Central Zone in 2004, with the last five holes
(06 to 10) testing potentially higher grade mineralization
including 7 meters averaging 18.7 g/t gold reported from prior
drilling outside and northwest of the Central Zone.

In addition to the results tabulated above, numerous zones of
mineralization ranging from 1 to 3 g/t over widths of 1 to 3
meters were intersected in the drill holes, and are not included
in the above table. Also, holes 04-01 and 04-02 ended in gold
mineralization which assayed over 1.4 g/t gold, while holes 04-03
and 04-04 bottomed in an intrusive unit believed to be younger
than mineralization. The remaining assays in hole 04-05 are
pending, and will be reported when available and confirmed.

Detailed structural and microscopic analysis of the new holes has
shown that gold mineralization is hosted by multiple mineralizing
events and structural orientations in and about an elongate
intermediate to felsic intrusive. Based on the geological and
geochemical setting, company geologists are comparing the Central
Zone mineralization with a classic porphyry style deposit model.
Preliminary metallurgical tests suggest that the gold will be
easily recoverable by direct and low-cost cyanidation.

Assays are pending on the last five of the ten holes completed to
date at the Central Zone, as well as the bottom of hole 04-05.
Drilling has now commenced on the gold-rich VMS targets at Norra
and Cee Lake. Target evaluations are continuing at the
Skirtraskbacken, Risberget, Tattartjarnliden and Skirasen zones,
as well as other properties in Sweden and Finland.

NI43-101

The 2004 drilling program is being supervised by Harmen Keyser,
P.Geol., a qualified person under NI 43-101, who has verified the
data disclosed in this release. It is not possible to make a
conclusive statement relating sample width to true width, as the
structural controls on mineralization remain poorly understood.
Assays have been performed by ALS Chemex (ISO 9001:2000 and ISO
17025:1999) and Acme Analytical Labs (ISO 9001:2000), both of
Vancouver, Canada using standard fire assay procedures.

Visible gold has been noted in 7 of the 10 holes completed to
date at the Central Zone, suggesting an irregular distribution of
coarse gold. Therefore, a rigorous Quality Assurance/Quality
Control program - including the blind submission of known
geochemical blanks, duplicates, and standards - has been
implemented. Additional work, including independent check assays,
analyses on larger sub-samples, bulk sampling, and metallurgical
investigations, is underway.

Background

North American has an option to acquire a 60% interest in the
Norra and Barsele properties from Minmet plc by incurring a total
of US $ 3.5 million in exploration expenditures and issuing
400,000 shares to Minmet by November 3, 2006 (see news release
November 3, 2003). For more information, please refer to North
American's website www.northamgold.com or call Kareen McKinnon
toll free at 1 888 627 9378.

ON BEHALF OF THE BOARD

Buck Morrow, President

NORTH AMERICAN GOLD INC.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
North American Gold Inc.
Kareen McKinnon
Toll Free: 1-888-627-9378
Website: www.northamgold.com
The TSX Venture Exchange has not reviewed and does not take
responsibility for the adequacy or accuracy of this release.

[Ed Monton]

Leede was taking the lead on Friday

 
  
 15:26:18  V  0.485  +0.045  3,000  68  Leede  6  Union  K   
   
  15:26:12  V  0.48  +0.04  1,000  68  Leede  7  TD Sec  K   
   
  15:26:12  V  0.48  +0.04  4,000  68  Leede  7  TD Sec  K   
   
  15:19:26  V  0.45  +0.01  50,000  68  Leede  68  Leede  K   
   
  15:04:28  V  0.45  +0.01  4,000  68  Leede  6  Union  K   
   
  14:55:31  V  0.45  +0.01  82,000  68  Leede  6  Union  K   
   
  14:55:28  V  0.45  +0.01  13,500  74  Griffiths  6  Union  K   
   
  14:51:10  V  0.45  +0.01  500  74  Griffiths  6  Union  K   
   
  09:53:20  V  0.45  +0.01  5,000  74  Griffiths  68  Leede  KL   
 

[Kimberlite]

Thanks Churak. Anything mining related seems to catch my interest these days.

[Churak]

it trades...just rarely. Not much action. go to www.sedar.com to read the filings if you are interested.

[Kimberlite]

Hey Churak,
I just clicked onto this board from the home page to see what it was about. Is it really not trading yet?
What do you know about them, anything other than website info?

[Ed Monton]

Sorry wrong thread. North American Gold is a company name not a category of stocks. They're exploring for gold in Sweden, go figure. LOL

[jclbiz]

Opinions please on FWGO, CFTN. Also, anyone able to pull up
KTR.CA ? Thanks, jclbiz

[Churak]

these days...that's my only salvation...lol

[Ed Monton]

That's good. It can't go down if it doesn't trade. LOL

[Churak]

I got some of this! It didn't trade today...lol.

[Ed Monton]

North American Gold Acquires Two New Exploration
Properties in Sweden

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 3, 2004) - As
part of its on-going exploration activities in Scandinavia, North
American Gold (NAU - TSXV) is pleased to announce the acquisition
of two early-stage properties in the emerging GoldLine Trend of
northern Sweden. Both properties are owned 100% with no
underlying royalties.

The Skarven property covers 2012 hectares over a copper-gold
target previously explored by the Swedish Geological Survey
("SGU") and Boliden. Assays ranging from background up to 1.5% Cu
and 8.8 g/t Au from boulder and bedrock samples have been
reported. Skarven is located 18 km southwest of Barsele, and 10
km west of Dragon Mining's Svartliden gold mine development
project.

The Nasvattnet property covers 969 hectares covering an area of
copper-zinc-silver bearing boulders in glacial till. The SGU has
reported assays ranging from background up to 1.5% Cu, 9% Zn, and
500 g/t Ag. No bedrock source has been identified for the
boulders. Nasvattnet is located 35 km southwest of Barsele.

Commenting on the acquisitions, Buck Morrow, president of North
American Gold, said, "Acquiring these two prospects for minimal
staking costs complements our existing exploration projects at
Barsele and Norra. We are compiling available data and initiating
field reconnaissance to establish an exploration model and
strategy for these properties."

In accordance with NI 43-101, Harmen Keyser, P.Geol. is the
Qualified Person responsible for ensuring that they are
summarized accurately.

ON BEHALF OF THE BOARD NORTH AMERICAN GOLD INC.

Buck Morrow, President

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
North American Gold Inc.
Kareen McKinnon
Toll Free: 1-888-627-9378
Website: www.northamgold.com
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.