News Releases

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December 09, 2009
Multiple anomalies identified on Dawson Gold Properties

DAWSON GOLD PROJECT, YUKON, CANADA Arcus Development Group Inc. (ADG: TSX-V) announces that it has identified multiple geochemical anomalies on its Dawson Gold project properties. The properties consist of four separate claim blocks held by Arcus under option from ATAC Resources Ltd. (ATC: TSX-V) and cover an area of approximately 77 square kilometres located 100 kilometres south of Dawson City, Yukon. The 2009 work program completed by Arcus consisted of deep auger soil sampling, prospect... (6 KB)
September 01, 2009
Arcus closes private placement and property acquisition

Arcus Development Group Inc. has closed its previously announced non-brokered flow-through private placement. A total of 4,652,843 units were sold at a price of 13 cents per unit for gross proceeds of $604,870. The units consisted of one flow-through common share and one warrant. Each warrant entitles the holder to purchase one additional flow-through common share at a price of 20 cents at any time on or before Aug. 12, 2010. All securities issued as part of this private placement are subject to... (4 KB)
July 03, 2009
Arcus to carry out $500,000 private placement

Arcus Development Group Inc. will carry out a 3,333,333-unit non-brokered private placement for total proceeds of $500,000. Each unit will consist of one flow-through common share and one flow-through share purchase warrant. The price of the units will be 15 cents. The warrants will be valid for a period of 12 months from the closing of the placement and will entitle the holder to purchase one additional flow-through common share at a price of 20 cents. Proceeds from the placement and any pro... (2 KB)
June 10, 2009
Arcus acquires project adjacent to Underworld's White Gold Discovery

June 10, 2009 -- Vancouver, British Columbia: Arcus Development Group Inc. (ADG: TSX-V) is pleased to announce that ATAC Resources Ltd. (TSX-V: ATC) has granted Arcus an option to acquire a 50% interest in the Green Gulch, Touleary, Dan Man and Shamrock gold prospects, collectively referred to as the Dawson Gold Project. The four claim blocks cover an area of approximately 7,000 hectares and are located in west-central Yukon. The Green Gulch claims are wholly surrounded by Underworld Resource... (3 KB)
February 07, 2009
Mexican gold exploration to commence on Chapalota gold project

February 27, 2009 -- Vancouver, British Columbia: Arcus Development Group Inc. (ADG: TSX-V) and Riverside Resources Inc. (RRI: TSX-V) are pleased to announce that work on the Chapalota gold prospect will commence in the first week of March, 2009. The Chapalota property is located approximately 50 km northeast of the city of Mazatlan in south-central Sinaloa, Mexico, immediately north of Geoinformatics' Azulitas polymetallic sulphide deposit (5.6 million tonnes of 0.9% Cu-Eq.). The Chapalota prop... (4 KB)