A Near Term Gold Producer:

  • With low capex and improved metal prices 2017 PEA shows very positive economics to restart mines and mill
  • Permits now in place to re-start Lexington Mine and Greenwood Mill

Strategic Acquisitions During Recent Economic Downturn:

  • Acquired 3 past producing mines and processing facility
    Lexington, Golden Crown, May Mac Mine & Greenwood Mill,
    all within a 25 km radius, with good road access and existing power sources
  • 2 of the 3 mines operated until the 2008 economic downturn
  • Golden Dawn acquired these assets at pennies on the dollar

Further Acquisitions for Long Term Sustainability:

  • The Company acquired large Kettle River land package adjacent to existing mines (Phoenix property)
  • The Kettle River land package contains 29 past producing mines, including the major Phoenix mine, which produced 500 million lbs copper and 1 million ozs gold. The Phoenix mine closed in 1978
  • The Company plans to utilize new technology and fly deep penetration airborne geophysics to look for possible deep seated feeder systems to the numerous historic mines
  • The Company is now the 2nd largest landholder in the prolific Greenwood mining camp, after Kinross Gold, the 5th largest gold producer in the world

View Latest Rock Sample Results Map
Up To 1700 G/T Silver And Up To 85 G/T Gold

click to expand

News Release 

Golden Dawn Commences Drilling on the Phoenix Copper Gold Mine — Greenwood BC

VANCOUVER, Canada, September 20, 2022, Golden Dawn Minerals Inc., (TSX-V: GOM | FRANKFURT: 3G8C | OTC Pink: GDMRD), (“Golden Dawn” or the “Company”), announces that drilling has started at its Phoenix Property at the Greenwood Precious Metals project in southeastern BC. Photo of diamond drill set up Drilling is being done to test several large anomalies identified from last year’s airborne VTEM geophysical survey.  Areas of high conductivity were selected as priority targets.  Magnetic anomalies extending from historically mined skarn copper-gold deposits were selected as secondary targets. The first area to be tested is in the middle of a large, 1 km diameter conductivity anomaly identified in the 2022 VTEM survey, located near the...

Golden Dawn Minerals Inc. Announces Corporate Name Change to CanXGold Mining Corp and Symbol Change to TSX-V:CXG

VANCOUVER, Canada, September 19, 2022, Golden Dawn Minerals Inc., (TSX-V: GOM | FRANKFURT: 3G8C | OTC Pink: GDMRD), (“Golden Dawn” or the “Company”), is pleased to announce that pursuant to its press release of August 16, 2022, it has received final approval from the TSX-Venture Exchange for its name and symbol change. Effective at the opening of trading on Thursday, September 22, 2022 the Company will change its name to CanXGold Mining Corp. and will commence trading under the new ticker symbol TSX-V: CXG. No further action is required by existing shareholders with respect to the name change. There is no change in the share capital of the Company. The Company's new CUSIP number is 13875F101. and its new ISIN number is CA13875F1018....

Progressive Corporate News Update Drilling Tender, Directors, Financing, Marketing

One of the Historic Past Producing Copper MinesPhoenix Copper Gold Mine — Greenwood BC VANCOUVER, Canada, September 6, 2022, Golden Dawn Minerals Inc., (TSX-V: GOM | FRANKFURT: 3G8C | OTC Pink: GDMRD), (“Golden Dawn” or the “Company”), is currently reviewing a corporate restructuring which may include the following, new directors joining the board, a name change, and a capital restructure. In addition, the Company’s 100% owned subsidiary, Kettle River Resources, which holds the Phoenix Mine, is subject to a payment arrangement with the general security holder. Upon the payment of $1.7 Million US the Phoenix property will be 100% owned by Kettle River Resources and not subject to the general security agreement associated with the Lexington...

Golden Dawn Corporate Update

VANCOUVER, Canada, June 10, 2022, Golden Dawn Minerals Inc., (TSX-V: GOM | FRANKFURT: 3G8C | OTC Pink: GDMRD), (“Golden Dawn” or the “Company”), the Company is pleased to announce that it will be closing a financing for gross proceeds of $232,500. The non-brokered private placement consisted of 3,100,000 units at a price of $0.075 per unit. Each Unit consists of one common share and one transferable common share purchase warrant.  Each whole warrant will entitle the holder to purchase, for a period of 36 months from the date of issue, one additional common share of the Issuer at an exercise price of $0.10 per share. The hold expiry date for the placement is October 11, 2022. No finders’ fees were paid for this placement. The net proceeds...

Golden Dawn Drilling Intersected New Mineralization at Lexington — Greenwood BC

VANCOUVER, Canada, February 23, 2022, Golden Dawn Minerals Inc., (TSX-V: GOM | FRANKFURT: 3G8C | OTC Pink: GDMRD), (“Golden Dawn” or the “Company”), announces that drilling was successful in intersecting mineralization in all holes completed at the Lexington property in the Greenwood Precious Metals project, southeastern BC.  140 meters Mineralized Section450 meters North of Known Resource Location of 2021 drill sites 450 meters northwest of Lexington gold-copper deposit The new drill holes tested an area approximately 450 meters northwest of the known resource.   A total of 612.9 meters were drilled in five holes last fall; geological logging was completed in December, and core sampling was completed in January.  Samples were submitted...

Golden Dawn Closes Private Placement

VANCOUVER, Canada, February 18, 2022 Golden Dawn Minerals Inc., (TSX-V: GOM | FRANKFURT: 3G8C | OTC Pink: GDMRD), (“Golden Dawn” or the “Company”). The Company is pleased to announce that it has closed its previously announced private placement of February 14, 2022.  The non-brokered private placement consisted of 2,333,333 units at a price of $0.15 per unit for gross proceeds of $350,000.  Each Unit consists of one common share and one transferable common share purchase warrant.  Each whole warrant will entitle the holder to purchase, for a period of 18 months from the date of issue, one additional common share of the Issuer at an exercise price of $0.30 per share. All securities issued pursuant to the offering are subject to a statutory...

Golden Dawn Announces Private Placement

VANCOUVER, Canada, February 14, 2022, Golden Dawn Minerals Inc., (TSX-V: GOM | FRANKFURT: 3G8C | OTC Pink: GDMRD), (“Golden Dawn” or the “Company”), The Company is pleased to announce that it has arranged a non-brokered private placement of 2,333,333 units at a price of $0.15 per unit for gross proceeds of $350,000.  Each Unit consists of one common share and one transferable common share purchase warrant.  Each whole warrant will entitle the holder to purchase, for a period of 18 months from the date of issue, one additional common share of the Issuer at an exercise price of $0.30 per share. A finder's fee may be paid to eligible finders in accordance with TSX Venture Exchange policies. All securities issued pursuant to the offering will...

Airborne Survey Highlights Golden Dawn Phoenix Copper Gold Mine, Targets Highlighted for Drilling — Greenwood BC

VANCOUVER, Canada, February 8, 2022, Golden Dawn Minerals Inc., (TSX-V: GOM | FRANKFURT: 3G8C | OTC Pink: GDMRD), (“Golden Dawn” or the “Company”), announces that it has completed an initial review and target selection based on the VTEM geophysical survey of the Phoenix and Golden Crown Properties at the Greenwood Precious Metals project in southeastern BC. Perspective view of the VTEM™ anomalies around the historic Phoenix open pit “The Phoenix Mine is one of the largest historic copper/gold producers in southern BC. It has never had VTEM modern technology deployed on it before. In similar situations in southern BC, this technology has led to major new discoveries. The question has always been where is the feeder source of the Phoenix...

Golden Dawn Minerals Drilling Permit for Tam O’Shanter Copper Gold Property, Greenwood BC in Final Stage

VANCOUVER, Canada, January 13, 2022, Golden Dawn Minerals Inc., (TSX-V: GOM | FRANKFURT: 3G8C | OTC Pink: GDMRD), (“Golden Dawn” or the “Company”), announces that its wholly owned subsidiary, Kettle River Resources Ltd. (Kettle River), is in the final stages of a drill permit for the Tam O’Shanter Property at the Greenwood Precious Metals project in southeastern BC. Claim map for the Tam O’Shanter property located 3km west of Greenwood, BC Kettle River recently received a request from the BC Ministry of Energy, Mines and Low Carbon Innovation (EMLI) for a security bond in the amount of $20,000 for the Tam O’Shanter drill permit The Company anticipates this permit will be in place for the start of the 2022 season. The Tam O’Shanter...

Golden Dawn Announces Debt Restructuring Agreement

VANCOUVER, Canada, December 27, 2021, Golden Dawn Minerals Inc., (TSXV: GOM | OTC: GDMRF | FRANKFURT: 3G8C), (“Golden Dawn” and the “Company”), is pleased to announce that it has agreed to terms of a new debt reorganization agreement (the “Debt Reorganization Agreement”) with its senior secured lender, RIVI Opportunity Fund, L.P., (“RIVI”). The Debt Reorganization Agreement provides the Company with renewed certainty regarding the management and repayment of its obligations to RIVI, presently composed of the following: US$4,000,000 principal advance for a purchased metal stream, bearing interest at an annual rate of 16.0%, pursuant to a gold purchase agreement dated December 23, 2016 (as amended) (the “GPA”), together with all interest,...

Our Projects

Lexington Mine

Lexington Mine

The Company is currently dewatering the Lexington mine, after which material extraction from mine will commence for processing at the Greenwood mill.

Golden Crown Mine

Golden Crown Mine

The Company received a 10,000 meter drill permit for the Golden Crown gold mine and commenced surface exploration drilling in late August of 2017.

 

J & L Project

Golden Dawn Minerals May Mac Mine

The J&L Property is located 35 km north of Revelstoke in British Columbia, Canada. The property consists of 20 mineral tenure claims and 10 crown granted claims for a total of 3,051.73 ha. 

Greenwood Mill

Golden Dawn Minerals Greenwood Mill

 

The Greenwood Processing Plant is now fully permitted to receive material from the Lexington Mine.

3  Mines and a Mill

Greenwood Gold Projects

 

The company now has a distinct economic advantage with potential feed material from the Lexington, Golden Crown and  May Mac mines to be delivered to its nearby Processing Plant.

Further Upside Potential

Golden Dawn Minerals Phoenix property

 

New airborne and deep penetrating ground geophysics is to be used to explore for concealed mineralization extending from the +30 historic mines as well as the major past producing Phoenix mine.

 

 

 

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