Subscribe to our Newswire to Receive all the Latest News and Updates http://www.lateegra.com Wed, 08 Sep 2010 22:00:30 +0100 FeedCreator 1.7.3 http://www.lateegra.com/images/M_images/joomla_rss.png http://www.lateegra.com Subscribe to our Newswire to Receive all the Latest News and Updates http://www.lateegra.com/index.php?option=com_content&task=view&id=125&Itemid= LATEEGRA GRANTS STOCK OPTIONS   August 31, 2010, Vancouver, BC:  Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) announces that it has granted incentive stock options under its 2010 stock option plan largely to its new directors and also to certain officers and consultants for the purchase of up to 300,000 common shares of the Company for a period of two years at a price of $0.40 per share. ON BEHALF OF THE BOARD OF DIRECTORS “Christopher Verrico”President and CEO    “Neither 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." Tue, 31 Aug 2010 08:00:00 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=124&Itemid= Lateegra Strengthens Board   VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 23, 2010) - Lateegra Gold Corp. (the "Company") (TSX VENTURE:LRG)(FRANKFURT:LTGB) is pleased to announce that Mr. Peter Crossgrove and Mr. Tim Ryan have been appointed to the Company's Board of Directors. Mr. Crossgrove is currently a director of Lake Shore Gold Corp having joined its board in November, 2009, following completion of Lake Shore's business combination with West Timmins Mining Inc., where he also served as a director. In addition, Mr. Crossgrove is currently Chairman of Excellon Resources Inc. and Brush Creek Corp, and sits on various boards of directors including Barrick Gold, Quadra Logic Technologies, Pelangio Mines, Detour Gold Corporation and Dundee Realty. He is the former Chairman and founder of Masonite International Inc., and previously served as... Mon, 23 Aug 2010 16:12:08 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=123&Itemid= LATEEGRA CLOSES PRIVATE PLACEMENT   August 10, 2010, Vancouver, BC:  Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) is pleased to announce that it has closed its private placement of 2,000,000 units at $0.30 per unit for total gross proceeds of $600,000.  Each unit consists of one common share and one transferable share purchase warrant authorizing the holder to purchase one additional common share until February 10, 2012, at a price of $0.45 per share. The Company paid a total of $15,750 in finders’ fees and issued share purchase warrants authorizing finders to purchase up to 52,500 common shares of the Company at a price of $0.45 per share until February 10, 2012. All securities issued under the placement are subject to hold periods expiring on December 11,... Tue, 10 Aug 2010 21:43:32 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=122&Itemid= LATEEGRA COMPLETES DRILLING, ARRANGES FINANCING   July 15, 2010, Vancouver, BC:  Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) is pleased to announce that  a  six hole drill program totalling 2678 metres has now been  completed on the DeSantis Mine project in the West Timmins area, Ontario (see press release dated  June 24, 2010).  The program was designed to test and confirm historical drilling on the Hydrothermal (“HTAZ”), Albitite, Contact, and Arsenopyrite Zones.  The first three holes (DS–10-1, 2 3) were designed to test the Albitite, Contact, and Arsenopyrite Zones in an area located south of the Number 2 shaft, an area which was previously drilled by Noranda in 1985.   These holes intersected the same style and degree of alteration, mineralization and structural deformation encountered... Thu, 15 Jul 2010 18:40:39 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=120&Itemid= LATEEGRA ANNOUNCES COMPLETION OF SATTERLY LAKE 43-101 REPORT July 6, 2010, Vancouver, BC: Lateegra Gold Corp. (the “Company” or “Lateegra”) (LRG – TSX Venture Exchange, LTGA - Frankfurt) announces that the Company has completed a National Instrument 43-101 Report on the previously announced Satterly Lake claims (the “Property”) held by Zorin Industries Inc. (see Lateegra news release dated June 18, 2010). The Report contemplated reviewing and compiling all available technical data while also carrying out a 2009 work program consisting of prospecting and soil sampling. In summary, the author confirms/verifies the presence of auriferous gold mineralization on the Property supported by the following: • The highest gold assay produced from prospecting the Greencamp North Showing was 8.2 grams/tonne Au.  The 20 gold assays collected from the Greencamp North Showing averaged... Tue, 06 Jul 2010 08:00:00 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=119&Itemid= LATEEGRA GRANTS STOCK OPTIONS   June 29, 2010, Vancouver, BC:  Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) announces that it has granted incentive stock options under its 2010 stock option plan to its directors, officers and consultants for the purchase of up to 300,000 common shares of the Company for a period of two years at a price of $0.30 per share. ON BEHALF OF THE BOARD OF DIRECTORS “Christopher Verrico”President and CEO    “Neither 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." Tue, 29 Jun 2010 22:53:31 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=118&Itemid= Drilling underway at DeSantis June 24, 2010, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) is pleased to announce that drilling is now underway on the recently acquired DeSantis Mine project in the West Timmins area, Ontario.  The originally scheduled drilling was postponed several weeks due to extremely dry conditions and forest fire hazard in the area.  The Company is proceeding with its planned initial 10,000 meter diamond drill program and it is anticipated that drilling will continue throughout the summer and into the fall of 2010. The DeSantis mine lies immediately north of the famous Destor Porcupine and hosts at least 5 known gold bearing zones including: the Contact Zone; Hydrothermal Zone; Albitite Zone, Arsenopyrite Zone; and East Pit area.  Subsequent to surface... Thu, 24 Jun 2010 08:00:00 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=117&Itemid= Lateegra Announces Amendment to and Closing of Share Exchange with Zorin Industries Inc. June 18, 2010 Vancouver, B.C.: Lateegra Gold Corp. (the “Company” or “Lateegra”) (LRG – TSX Venture Exchange, LTGA - Frankfurt) wishes to announce that the Company entered into an Amendment Agreement dated May 31, 2010 to amend the terms of the Share Exchange Agreement dated August 20, 2009 with Zorin Industries Inc., a private British Columbia corporation (“Zorin”), and the shareholders of Zorin. The entry into the Share Exchange Agreement was originally announced in a news release dated August 21, 2009.  The Amendment Agreement extended the closing date of the share exchange transaction to June 30, 2010 and reduced the number of shares issuable by the Company for all of the issued and... Fri, 18 Jun 2010 08:00:00 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=108&Itemid= Lateegra Prepares for Drilling VANCOUVER, BRITISH COLUMBIA, May 19, 2010 - Lateegra Gold Corp. (the "Company") (TSX VENTURE: LRG)(FRANKFURT: LTGB) is pleased to announce that drilling is expected to commence imminently on its newly acquired DeSantis Mine project in the West Timmins area, Ontario. The Company is in the process of compiling all the data from the greater than 300 historic drill holes, along with shafts and drift development down to the 1175 foot level, into a 3D model. The Company is currently reviewing the interpretations from the model, and has targeted certain areas within the Hydrothermal and Albitite zones for immediate drill testing. The first phase of drilling is expected to commence next week. President and CEO, Christopher Verrico, states: "Having literally 10's of millions of dollars... Wed, 19 May 2010 08:00:00 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=107&Itemid= LATEEGRA ACQUIRES ADDITIONAL TIMMINS DESTOR-PORCUPINE FAULT GOLD PROPERTY May 4, 2010, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG - TSX Venture) is pleased to announce the acquisition, subject to the acceptance of the TSX Venture Exchange, of a 100% interest in additional mineral claims in the Timmins gold belt, northern Ontario. The Desantis West property covers a total of approximately 240 acres located 5 km southwest of Timmins and is contiguous with the Company’s recently acquired Desantis Mine property. Both properties form “The Desantis Mine Project” and adjoin the recent discovery by Metals Creek Resources (MEK-TSX.V), a 50-50 joint venture with Goldcorp Gold Mines, who announced drill intercepts of 5.68 G/T gold over 7.0 meters. The Desantis Mine Project comprises the Desantis... Wed, 05 May 2010 17:29:35 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=110&Itemid= LATEEGRA CLOSES PRIVATE PLACEMENT April 21, 2010, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG – TSXVenture) is pleased to announce the closing of the non-brokered private placementannounced March 3, 2010, for total gross proceeds of $830,250. The private placementconsists of 3,321,000 units at $0.25 per unit, each unit consisting of one common shareand one transferable share purchase warrant exercisable into one additional commonshare at a price of $0.40 per share until April 21, 2012.The Company paid a total of $71,125 in finders’ fees and issued share purchasewarrants authorizing finders to purchase up to 284,500 common shares of the Companyat a price of $0.40 per share until April 21, 2012.All securities issued under the placement are subject to hold periods expiring on August22, 2010.The Company also... Wed, 21 Apr 2010 08:00:00 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=114&Itemid= LATEEGRA GRANTS STOCK OPTIONS March 24, 2010, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) announces that it has granted incentive stock options, subject to approval of its 2010 stock option plan (the “Plan”) by shareholders of the Company at its Annual General Meeting to be held on March 31, 2010, and approval of the Plan by the TSX Venture Exchange, to its directors, officers and consultants for the purchase of up to 950,000 common shares of the Company for a period of two years at a price of $0.27 per share. ON BEHALF OF THE BOARD OF DIRECTORS "Chris Verrico"Chris Verrico, President   “Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture... Wed, 24 Mar 2010 08:00:00 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=113&Itemid= LATEEGRA ANNOUNCES NON-BROKERED PRIVATE PLACEMENT TO RAISE UP TO $750,000 March 3, 2010, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) announces that it has arranged, subject to TSX Venture Exchange approval, a non-brokered private placement consisting of up to 3,000,000 units (the “Units”) at $0.25 per Unit, for gross proceeds of up to $750,000. Each Unit will consist of one common share of the Company and one whole transferrable share purchase warrant, each warrant exercisable into one additional common share of the Company for a period of 24 months from the date of issue at a price of $0.40 per share. All warrants issued under the placement will be subject to an acceleration clause whereby if at any time after... Wed, 03 Mar 2010 08:00:00 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=106&Itemid= LATEEGRA COMMENCES DRILLING ACTIVITIES IN TIMMINS February 17 2010, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) is pleased to announce the commencement of drilling on the Company’s Eastern Extension property. The property is located within the heart of the Timmins West Mining Camp, approximately 14 km from the Timmins West Project (Lake Shore Gold). The Eastern Extension property consists of 17 claim units (approximately 680 acres) and is located in the western portion of Ogden Township. On Monday February 15th, More Core Drilling Ltd. commenced drilling on the property for the first of an estimated 8 – 10 drill holes totalling approximately 3,000 meters. Drilling activities are being supervised by Robert Duess, P.Geo. on behalf of the Company.... Wed, 17 Feb 2010 17:23:46 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=105&Itemid= LATEEGRA SIGNS DEFINITIVE AGREEEMENT TO ACQUIRE DESANTIS MINE NEAR TIMMINS February 09, 2010, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) is pleased to announce the signing of the formal option to purchase agreement to acquire the Desantis Property, located near Timmins, Ontario. The DeSantis Property consists of 20 patented claims, 5 unpatented mining claims and 15 leased claims covering approximately 826.26 hectares (2,041.74 acres). The DeSantis Property is located immediately north of the Destor-Porcupine Fault Zone, approximately 14 km northeast of Lake Shore Gold Corp.’s Timmins West gold project. The DeSantis Property has a past history of limited underground mining (mainly in the 1930's and 1940's), accessed by two shafts and 752 metres of... Tue, 09 Feb 2010 20:45:30 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=112&Itemid= LATEEGRA COMMENCES DRILLING IN TIMMINS January 14 2010, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) is pleased to announce the agreement to terms for commencing a drilling program to start immediately on the Company’s Eastern Extension property. The property is located within the heart of the Timmins West Mining Camp, approximately 14 km from the Timmins West Project (Lake Shore Gold). The “Eastern Extension” property consists of 17 claim units (approximately 680 acres) and is located in the western portion of Ogden Township. Historical work on the property includes 11 drill holes, dating back to 1947. All of these holes encountered broad zones of strong deformation, and strong alteration, including sericite, carbonate, fuchsite, quartz veining, and pyrite... Thu, 14 Jan 2010 08:00:00 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=104&Itemid= LATEEGRA CANCELS OPTIONS January 8, 2010, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) announces the cancellation of a total of 44,000 options granted to officers and directors at an exercise price of $1.60 per share. While the options may be reserved for issuance to consultants, they will not be re-issued to officers or directors. ON BEHALF OF THE BOARD OF DIRECTORS Chris Verrico, President, CEOLateegra Gold Corp. “Neither 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." Cautionary note: This report contains forward looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted,... Fri, 08 Jan 2010 08:00:00 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=103&Itemid= LATEEGRA CLOSES BROKERED PRIVATE PLACEMENT January 5, 2010, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) is pleased to announce that it has closed its private placement previously announced on December 2, 2009. The Company issued a total of 1,953,500 flow-through units (“FT Units”) at a price of $0.40 per FT Unit and a total of 1,120,500 non flow-through units (“NFT Units”) at a price of $0.35 per NFT Unit. Each FT Unit consists of one flow-through common share of the Company and one-half of one transferrable share purchase warrant, with each whole warrant exercisable into one non-flow-through common share of the Company until June 30, 2011, at a price of $0.60 per share. Each NFT Unit consists of one... Tue, 05 Jan 2010 08:00:00 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=102&Itemid= LATEEGRA SIGNS L.O.I. TO ACQUIRE DESANTIS MINE PROPERTY December 01, 2009, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) is pleased to announce the signing of a Letter of Intent (“LOI”) to acquire up to a 100% interest in the Desantis Mine project, located in Ogden Township, near Timmins, Ontario. The DeSantis Property consists of 20 patented claims, 5 unpatented mining claims and 15 leased claims covering approximately 826.26 hectares (2,041.74 acres). The DeSantis Property is located immediately north of the Destor-Porcupine Fault Zone, approximately 14 km northeast of Lake Shore Gold Corp’s Timmins West gold project. The DeSantis Property has a past history of limited underground mining (mainly in the 1930's and 1940's), accessed by two... Tue, 01 Dec 2009 20:20:07 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=7&Itemid= LATEEGRA COMMENCES WORK IN TIMMINS Thursday, October 29, 2009 October 29, 2009, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) is pleased to announce the commencement of work on the Company’s "Eastern Extension" property. The property is located within the heart of the Timmins West Mining Camp, approximately 14 km from the Timmins West Project (Lake Shore Gold) and the Thunder Creek Project (Lake Shore – West Timmins joint venture). The "Eastern Extension" property consists of 18 claim units (approximately 720 acres) and is located in the western portion of Ogden Township. Historical work on the property includes 11 drill holes, dating back to 1947. All of these holes encountered broad zones of strong deformation, and strong alteration, including sericite, carbonate, fuchsite, quartz veining,... Thu, 29 Oct 2009 08:00:00 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=8&Itemid= LATEEGRA ANNOUNCES BROKERED PRIVATE PLACEMENT Friday, October 16, 2009 October 16, 2009, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) announces that it has arranged, subject to TSX Venture Exchange approval, a brokered private placement with Union Securities Ltd. (“Union”). The placement will consist of up to 5,000,000 flow-through units (the “FT Units”) at $0.40 per FT Unit and up to 5,714,286 non flow-through units (the “NFT Units”) at $0.35 per NFT Unit, for total gross proceeds of up to $4,000,000. Each FT Unit will consist of one flow-through common share of the Company and one-half of one transferrable share purchase warrant, each whole warrant exercisable into one non flow-through common share of the Company for a period of 18 months from the date... Fri, 16 Oct 2009 08:00:00 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=9&Itemid= LATEEGRA ANNOUNCES $500,000 PRIVATE PLACEMENT WITH MINERALFIELDS Thursday, October 15, 2009 October 15, 2009, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) is pleased to announce that it has arranged, subject to TSX Venture Exchange approval, a private placement with MineralFields Group (“MineralFields”). The placement will consist of up to 1,250,000 flow-through (“FT”) units at a price of $0.40 per FT unit for gross proceeds of $500,000. Each FT unit will consist of one flow-through common share and one-half of one transferable non flow-through common share purchase warrant (the “Private Placement”). Each whole non flow-through common share purchase Warrant will entitle the holder to purchase an additional non-flow through common share of the Company for a period of 18 months from the closing of... Thu, 15 Oct 2009 08:00:00 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=10&Itemid= LATEEGRA SIGNS INVESTOR RELATIONS CONTRACT, ACQUIRES ADDITIONAL TIMMINS CLAIM. Wednesday, October 14, 2009 October 14, 2009, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) is pleased to announce that it has retained Progressive IR to help with investor awareness activities in Canada. Progressive IR is a Vancouver based Investor Relations firm with extensive experience and contacts in the investment community. Progressive will be involved in enhancing corporate publication materials, as well as presenting and organizing presentations to current and prospective shareholders. Terms of the six month agreement with Progressive call for payment of $7,500 per month. In addition, the Company is pleased to announce the signing of an agreement to acquire one additional mineral claim southwest of Timmins, Ontario, known as the Price Northwest claim.... Wed, 14 Oct 2009 08:00:00 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=11&Itemid= LATEEGRA ACQUIRES HOPKINS LAKE CLAIMS, WEST OF TIMMINS Tuesday, September 22, 2009 September 22, 2009, Vancouver, BC Lateegra Gold Corp. (the "Company") (LRG - TSX Venture) announces the signing an agreement to acquire 11 additional mineral claims southwest of Timmins, Ontario. The Hopkins Lake claims consist of 143 claim units, covering an area of approximately 5,720 acres have been acquired from arms length Vendors. The claims are located in Price and Fripp Townships, adjacent to and east of the Company's previously announced Ranger property (see NR's July 20, 2009). Similar to the acquisition of the Ranger property, the Hopkins Lake claims were acquired to cover several anomolies outlined in a 2007 Ontario Geological Survey Megatem II survey. Acquisition costs are a total of $110,000 payable over 24... Tue, 22 Sep 2009 08:00:00 +0100 http://www.lateegra.com/index.php?option=com_content&task=view&id=12&Itemid= LATEEGRA ACQUIRES ADDITIONAL TIMMINS BELT PROPERTIES Wednesday, September 09, 2009 September 9, 2009, Vancouver, BC: Lateegra Gold Corp. (the "Company") (LRG - TSX Venture) is pleased to announce the acquisition of an 80% interest in additional mineral claims in the Timmins area of Ontario. The Whitesides property, consisting of 43 mineral claims (565 claim units), covers a total of approximately 11,300 acres located 24kms west-southwest of Timmins, and approximately 10kms northwest of the Lake Shore Gold, "Timmins West Deposit". In addition, the Company has signed an agreement to acquire 3 additional mineral claims southwest of Timmins, Ontario, referred to as the Victoria East and Victoria West claims. The claims, consisting of 37 claim units, cover an area of approximately 1,480 acres. The Victoria East claims, consisting of... Wed, 09 Sep 2009 08:00:00 +0100