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AITX Reveals 2026 Plans for Upcoming January 15 Investor Presentation
Newsfile· 2025-12-11 13:40
AITX Reveals 2026 Plans for Upcoming January 15 Investor PresentationLeadership to Share Estimated Timelines for Positive Operational Cash Flow, Anticipated NASDAQ Uplisting as well as Solution ExpansionsDecember 11, 2025 8:40 AM EST | Source: Artificial Intelligence Technology Solutions, Inc.Detroit, Michigan--(Newsfile Corp. - December 11, 2025) - Artificial Intelligence Technology Solutions, Inc. (OTCID: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions ...
GoGold Releases Record Financial Results for 2025
Newsfile· 2025-12-11 13:30
Core Viewpoint - GoGold Resources Inc. reported significant financial growth for the year ending September 30, 2025, with record revenues driven by increased silver equivalent sales and a strong cash position, indicating a positive outlook for future operations and projects [1][2]. Financial Performance - Revenue for the year reached $72.5 million, doubling from $36.5 million in 2024, with a notable increase in silver equivalent ounces sold to 2.1 million [3][4]. - Net income for the year was $17.3 million, compared to $1.58 million in the previous year, reflecting a substantial improvement in profitability [3][4]. - Cash flow from operations was $25.65 million, a significant turnaround from a cash outflow of $11.26 million in 2024 [3]. Production and Costs - The company produced 2,150,192 silver equivalent ounces, which included 851,102 silver ounces, 12,289 gold ounces, 476 copper tonnes, and 609 zinc tonnes [4]. - Adjusted cash cost per silver equivalent ounce was $18.35, while the adjusted all-in sustaining cost was $23.72 [4]. Market Outlook - The average realized silver price for the year was $33.80 per ounce, with current prices exceeding $55 per ounce, suggesting a strong market outlook for 2026 [2]. - The company has a robust cash position of over $240 million and no debt, positioning it well for future project developments [2]. Project Development - The feasibility study for the Los Ricos South project estimates capital costs of $227 million, with plans to advance both Los Ricos South and North projects simultaneously [2]. - The company aims to maximize shareholder value by aggressively advancing its projects in response to favorable commodity prices [2].
Kobrea Receives Approval to Conduct Mineral Exploration at El Destino, Sofi and Cuprum Projects - Western Malargüe Mining District - Mendoza Province, Argentina
Newsfile· 2025-12-11 13:00
Core Viewpoint - Kobrea Exploration Corp. has received approval for mineral exploration activities across all its projects in the Western Malargüe Mining District, following the ratification of Environmental Impact Statements by the Mendoza provincial legislature [1][2][3] Group 1: Project Approvals - The Senate and Chamber of Deputies of Mendoza Province ratified Environmental Impact Statements for 27 exploration projects, allowing Kobrea to proceed with drilling and other exploration activities [1][3] - The approval process included extensive public hearings and technical analysis, demonstrating governmental support for mining in the region [3] Group 2: Company Overview - Kobrea Exploration Corp. focuses on the acquisition and exploration of base metal projects, holding rights to 7 projects covering over 733 square kilometers in southwestern Mendoza Province, Argentina [4] - The company is particularly focused on porphyry copper and copper-gold deposits, with multiple targets identified showing significant geological features [4] Group 3: Future Developments - Construction of access roads and an exploration camp is ongoing at the El Perdido Project, with a maiden diamond drilling program expected to commence shortly [1][2] - The approval of the San Jorge Project, located outside the Western Malargüe Mining District, is seen as a significant advancement for mineral exploration in Mendoza [2]
Ridgeline Minerals Provides Assay Results for the Black Ridge Gold Project, Nevada
Newsfile· 2025-12-11 13:00
Core Insights - Ridgeline Minerals Corp. has announced assay results for the Black Ridge Gold Project and provided an update on the Swift Gold Project, both located in Nevada, with a total potential earn-in expenditure of US $40 million from Nevada Gold Mines [1][2] Black Ridge Project - The Black Ridge Project has seen the completion of one deep core hole to a depth of 1,109 meters, aimed at testing lower-plate host rocks similar to those at the nearby Leeville Mine and Fallon gold deposit [3] - Nevada Gold Mines has incurred US $1,071,000 in qualifying work expenditures at Black Ridge as of November 30, 2025, with a minimum required expenditure of US $4,500,000 by July 14, 2028, to earn a 60% interest in the project [4][5] - The drilling intersected the Lower Plate Rodeo Creek formation at a vertical depth of 773 meters, which was shallower than expected, and returned a highlight intercept of 0.8 meters grading 0.113 g/t gold [4] Swift Project - The Swift Project has completed the second core tail out of five proposed holes for 2025, with assays pending for both completed holes [6] - Nevada Gold Mines has incurred US $14,789,000 in qualifying work expenditures at the Swift Project through September 30, 2025, and must spend a minimum of US $20,000,000 by December 31, 2026, to earn a 60% interest [7] - Drilling at the SW Swift target has previously yielded high-grade gold intercepts, with results from the current drilling expected in the spring of 2026 [6]
T2 Metals Closes Oversubscribed Private Placement of $1.468 Million
Newsfile· 2025-12-11 13:00
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2025) - T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) (WKN: A3DVMD) ("T2" or the "Company")  is pleased to announce the closing of its oversubscribed non-brokered private placement (the "Financing") announced on November 12, 2025 and December 3, 2025, by issuing a total of 4,562,567 hard dollar units (each a "HD Unit"), at a price of $0.30 per HD Unit, for gross proceeds of $1,368,770 and 250,000 flow-through units (each a "FT Unit") at a price of $0 ...
Magna Terra Exposes Significant Copper Mineralization in Trenches at the Fossil Hill Zone, Rocky Brook Project, New Brunswick
Newsfile· 2025-12-11 13:00
Core Insights - Magna Terra Minerals Inc. has completed its trenching program at the Fossil Hill Zone of the Rocky Brook Project, revealing significant copper mineralization [1][9] - The project is strategically located near Canadian Copper Inc.'s Caribou Mill Complex, enhancing its potential for additional copper-rich deposits [9][10] Trenching Program Results - The trenching program targeted historical grab samples with high copper grades, including 16.65% and 13.84% copper and 0.64% cobalt [2] - Three trenches (T4, T7, and T8) were excavated, totaling 245 meters, with in situ copper mineralization observed in each trench, including a notable 40-meter zone in trench T8 [2][3] Geological Findings - The trenches exposed mafic volcanic and breccia rocks of the Armstrong Formation, with mineralization consisting of malachite, chalcopyrite, and native copper [3] - A total of 93 samples were collected, including 68 grab samples of bedrock and 14 channel samples, with mineralization observed over significant lengths in trenches T4 and T7 [3][4] Future Plans - Stripped sections of the trenches will remain exposed for further mapping and sampling in spring, with analytical results pending from ALS Canada Ltd. [4] - The company plans to advance multiple high-priority targets throughout the Rocky Brook Project in 2026, including areas near the Restigouche Property [9][10] Project Overview - The Rocky Brook Project covers 28,089 hectares and is one of the largest landholders in the Bathurst Mining Camp, known for its rich mineral deposits [10][11] - The project is adjacent to significant historical mining operations and has shown potential for polymetallic mineralization, including copper, cobalt, lead, zinc, gold, and silver [10][12]
CanCambria Energy Provides Operational Update and Submits Technical Operating Plan for Kiskunhalas Exploration Concession
Newsfile· 2025-12-11 13:00
Core Viewpoint - CanCambria Energy Corp. is advancing its operational plans for the Kiskunhalas tight-gas field, with drilling expected to commence in the second half of 2026, and has submitted a Technical Operating Plan for the Kiskunhalas Concession Area, outlining a comprehensive exploration program from 2026 to 2029 [1][5][10] Group 1: Operational Updates - The company has initiated the construction of the CC-Ba-E-2 well by installing and cementing the 20-inch conductor pipe to a depth of 72 meters [2] - A purchase order has been signed with Tenaris Silcotub for tubulars, with a deposit of US$100,000 paid, and delivery expected by June 30, 2026 [3] - Preparations for recommissioning the existing natural gas pipeline to the gas storage facility at Zsana are set to begin in early Q1 2026 [4] Group 2: Technical Operating Plan - The Technical Operating Plan for the Kiskunhalas Concession Area covers 945.9 km² (233,737 acres) and includes an exploration program that integrates an additional 2,000 acres and 12 well locations [5] - Two prospective resource assessment studies are planned, one focusing on conventional oil prospects above 2,000 meters and the other contingent on 3D seismic results targeting the deep tight-gas fairway [5][8] - Geological and geophysical studies will be conducted throughout 2026 to refine leads and prospects identified from previous seismic surveys, with a 3D seismic acquisition program planned for 2027 [8] Group 3: Strategic Partnerships and Future Plans - The company is actively seeking a strategic partner to help fund the Kiskunhalas work program, with opportunities being marketed through Raiffeisen Bank International AG [9] - The President and CEO emphasized the company's commitment to addressing Europe's energy challenges and the importance of the Kiskunhalas project in their growth strategy [10] - The company aims to provide further updates in early 2026 regarding anticipated resource size and risk profile [10]
Homerun Resources Inc. Announces Positive Results of Confirmation Testing by Minerali Industriali Engineering on the Santa Maria Eterna Silica Sand for the Manufacture of Antimony-Free Solar Glass
Newsfile· 2025-12-11 13:00
Core Insights - Homerun Resources Inc. has announced positive results from confirmation testing conducted by Minerali Industriali Engineering on its high purity, low iron silica sand from Santa Maria Eterna, confirming its suitability for the manufacture of antimony-free solar glass [1][5] Group 1: Testing Results - The Lab Scale Treatment Test Report confirms the silica sand's purity at 99.7% with only 24 ppm of Iron/Fe, indicating its low-contaminant nature [3] - Two sets of tests were conducted: the basic solution reduced Iron/Fe to 14 ppm, while the complete solution achieved a reduction to 8 ppm, with all other contaminants well below acceptable ranges [6] Group 2: Resource Estimates - Homerun has completed a 43-101 compliant Technical Report indicating a preliminary resource estimate of 25.56 million tonnes (Mt) Measured and 38.35 million tonnes (Mt) Inferred of high-purity silica sand (>99.6% SiO2) from one of its three assets [2] Group 3: Strategic Positioning - The high initial material quality of the Santa Maria Eterna silica sand provides Homerun with a competitive edge in producing antimony-free solar glass, as minimal upgrades are needed to meet technical requirements [5] - Homerun is focused on building a vertically integrated platform for clean energy manufacturing, leveraging its unique high-purity silica resource in Bahia, Brazil [8][9]
Viscount Reinforces Silver Expansion Potential at the Kate Deposit with Continuous Silver Corridor
Newsfile· 2025-12-11 12:45
Core Insights - Viscount Mining Corp. has reinforced the potential for silver expansion at the Kate Deposit, part of its Silver Cliff Project in Colorado, through an updated interpretation of the 2025 soil-geochemistry program [1][4]. Group 1: Silver Anomaly and Geochemical Program - The 2025 MMI soil-geochemistry program analyzed 549 samples over an area of 1800 FT², revealing a coherent and highly developed silver-in-soil anomaly centered on the Kate Deposit, extending into the Kate North and Kate Northeast target areas [2][4]. - The anomaly's strength and continuity suggest that silver mineralization extends beyond the current NI 43-101 resource footprint, indicating significant potential for further exploration [2][3]. Group 2: Epithermal Silver System Characteristics - Integration of soil geochemistry, structural data, and historical drilling confirms that Kate hosts a strong epithermal silver system along a continuous north-south trend, which remains open to the north and northeast [3][5]. - Historical drilling has shown multiple multi-ounce silver intercepts along structural extensions, indicating that the system is still open for exploration [5][6]. Group 3: Future Exploration Plans - The company plans to integrate the 2025 soil-geochemistry results with previous drilling data and structural mapping into updated 3D geological models for the 2026 drill program, which is expected to include 10 drill holes over a distance of 500M to 750M [12][18]. - Permitting for the 2026 drill program is currently underway, with a focus on step-out drilling at Kate North and Northeast, as well as infill drilling within the existing resource envelope [17][18]. Group 4: Historical Drilling Highlights - Viscount has conducted six drilling campaigns at the Kate Deposit, with 54 drill holes, of which 25 holes reported intervals assaying greater than 110 g/t and 10 holes exceeding 400 g/t [7][9].
Founders Metals Provides Exploration Update on Emerging Targets; Drills 72.0 m of 1.01 g/t Gold at Parbo
Newsfile· 2025-12-11 12:30
Core Insights - Founders Metals Inc. has reported significant gold mineralization results from its ongoing drilling program at the Antino Gold Project in Suriname, particularly at the Parbo, Da Vinci, and Maria Geralda targets [1][3][12] Drilling Results - At the Parbo target, the inaugural drilling revealed broad, intrusion-hosted gold mineralization, including 72.0 meters of 1.01 grams per tonne (g/t) gold, with a high-grade interval of 4.0 meters at 11.97 g/t in hole PB003 [2][4][7] - The Da Vinci target showed continued extension of shear-hosted gold mineralization, with notable results including 19.5 meters of 2.31 g/t gold in hole DV016 [2][10] - At Maria Geralda, drilling has expanded mineralization 400 meters southeast of the initial discovery, with results such as 53.0 meters of 0.41 g/t gold in hole MG006 [2][11] Geological Context - The Parbo target is characterized by a historical gold-in-auger anomaly measuring 1.2 km by 0.6 km, with local samples grading up to 51.42 g/t gold. The current mineralized corridor measures approximately 800 meters by 400 meters and extends down to 250 meters depth [9][12] - The Da Vinci target has confirmed multiple stacked shears within a sedimentary rock package, with a newly identified parallel structure returning 22.5 meters of 0.24 g/t gold [10][12] - At Maria Geralda, the high-grade zone may represent a sub-horizontal shoot or rod-like body, with additional drilling needed to understand the nature of the mineralization [11][12] Future Exploration Plans - The company is preparing a 2026 exploration plan that will incorporate drill-ready targets from newly acquired areas and high-resolution airborne geophysics [13][14] - The ongoing exploration efforts at Antino are expected to continue demonstrating the presence of multiple mineralizing centers across a regional structural framework [12][13]