Evergold Corp. strengthens leadership to accelerate Golden Lion gold project
Evergold Corp. has bolstered its leadership team with new appointments to propel its flagship project, the Golden Lion site in northern British Columbia. The company, which owns 100% of the Golden Lion site, recently infused fresh expertise to drive exploration and operational goals. These changes follow a recent investment and coincide with the firm's focus on delivering tangible progress.
In January, Alex Walcott assumed the role of CEO of Evergold Corp., marking the beginning of a leadership refresh aimed at advancing the Golden Lion project. The site has previously exhibited promising drill results, including a 66-metre intercept grading 1.36 g/t gold.
By mid-February, Dylan Berg joined as capital markets advisor, providing financial and strategic support. Around the same time, Ore Group injected CAD 300,000 into the company to fund further exploration at Golden Lion. This investment accompanied the appointment of Brian P. Butterworth to the board. With over 40 years of industry experience, Butterworth is expected to offer guidance as the team strives to meet operational targets.
As of the latest trading update, Evergold Corp. stock closed at CAD 0.55 on the Toronto Stock Exchange, valuing the company's market capitalisation at approximately CAD 8 million.
The new leadership must now demonstrate progress at Golden Lion, where historical data hints at significant potential. With fresh funding and experienced personnel in place, the company's next steps will center on exploration and operational execution. Shareholders and investors await updates on drilling and development milestones.