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Empat Launches Empat School to Train Next-Gen Full-Stack & Flutter Developers
Newsfile· 2025-12-11 12:30
Empat Launches Empat School to Train Next-Gen Full-Stack & Flutter DevelopersThe new online program aims to equip students with an IT background with full-stack and mobile development skills, offering complimentary training and direct recruitment opportunities upon completion.December 11, 2025 7:30 AM EST | Source: DesignRushKyiv, Ukraine--(Newsfile Corp. - December 11, 2025) - Custom software and mobile app development agency Empat has announced it is now accepting applications for Empat Scho ...
Scottie Resources Delivers 8.43 g/t Gold over 11.40 M, Strengthening P-Zone Mineralization at Scottie Gold Mine Project
Newsfile· 2025-12-11 12:30
Scottie Resources Delivers 8.43 g/t Gold over 11.40 M, Strengthening P-Zone Mineralization at Scottie Gold Mine ProjectDecember 11, 2025 7:30 AM EST | Source: Scottie Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - December 11, 2025) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to report new assays from its 2025 drilling of the P-Zone within the Scottie Gold Mine Project ("Scottie Gold Mine" or the "Project"). The road- ...
Talon Metals Extends High-Grade Vault Zone with Step-Out Drilling in Multiple Sulphide Stacks
Newsfile· 2025-12-11 12:30
Talon Metals Extends High-Grade Vault Zone with Step-Out Drilling in Multiple Sulphide StacksNew Drill Holes Confirm Lateral Extension of Massive Sulphide Mineralization Predicted by Borehole Electromagnetic SurveysDecember 11, 2025 7:30 AM EST | Source: Talon Metals Corp.Tamarack, Minnesota--(Newsfile Corp. - December 11, 2025) - Talon Metals Corp. (TSX: TLO) (OTCID: TLOFF) ("Talon" or the "Company") is pleased to report multiple successful step-out drill holes from the previously reported ex ...
Safe Supply Announces Closing of Upsized Financing
Newsfile· 2025-12-11 12:00
Toronto, Ontario--(Newsfile Corp. - December 11, 2025) - Safe Supply Streaming Co Ltd. (CSE: SPLY) (OTCQB: SSPLF) (FSE: QM4) ("Safe Supply" or the "Company"), a pioneer in health, safety and rapid response technologies, is pleased to announce that, further to its news releases dated November 24, 2025 and December 9, 2025, it has closed its upsized non-brokered private placement (the "Offering") for total gross proceeds of $935,000. The Offering was upsized from an initial $500,000 target to accommodate hig ...
Sanu Gold Reports That Drilling Has Defined a Broad Mineralized Corridor at Its Daina Property in the Siguiri Basin in Guinea
Newsfile· 2025-12-11 12:00
Sanu Gold Reports That Drilling Has Defined a Broad Mineralized Corridor at Its Daina Property in the Siguiri Basin in GuineaDecember 11, 2025 7:00 AM EST | Source: Sanu Gold Corp.HIGHLIGHTS Sanu drilled 17,802m in FY-2025 mainly focused on its highly attractive Daina property.At the Daina property, 12,896m were completed in FY-2025, with results continuing to reveal significant near-surface and deeper gold mineralized zones extending over multiple kilometres and remaining openDaina 2 Target: ...
QIMC Accelerates Hydrogen-AI Strategy as Industry Activity Intensifies Along Nova Scotia Hydrogen Corridor
Newsfile· 2025-12-11 12:00
Montreal, Quebec--(Newsfile Corp. - December 11, 2025) - Quebec Innovative Materials Corp (CSE: QIMC) (OTCQB: QIMCF) (FSE: 7FJ) ("QIMC" or the "Company") announces an acceleration of its hydrogen-AI strategy in Nova Scotia amid unprecedented industry staking activity along the province's emerging natural hydrogen corridor.In recent weeks, QIMC has seen intense claim staking by major players, including Koloma, a leading natural hydrogen developer based in Denver, Colorado, as well as several global resource ...
New Found Gold Announces Infill Drilling at the Monte Carlo Zone, Queensway Gold Project
Newsfile· 2025-12-11 11:59
Core Insights - New Found Gold Corp. announced infill drill results from the Monte Carlo zone in the AFZ Core as part of its ongoing 2025 drill program on the Queensway Gold Project in Newfoundland and Labrador, Canada [1][3] Drill Results - The infill drilling aimed to upgrade mineral resources from inferred to indicated categories within the Phase 1 and Phase 2 open pits, with 2,306 meters drilled across 28 diamond drill holes [4][5] - Notable drill results include: - 22.4 g/t Au over 4.75 m from 102.25 m (NFGC-25-2462) - 6.59 g/t Au over 12.20 m from 33.00 m (NFGC-25-2450) - 25.5 g/t Au over 2.70 m from 29.00 m (NFGC-25-2447) [7][19] Geological Context - Gold mineralization at Monte Carlo extends approximately 235 m in strike length and to a depth of 160 m, situated within a fault zone on the western side of the Appleton Fault Zone [6] Future Plans - The company plans to integrate the new drill results into an updated mineral resource estimate scheduled for H1 2026 [3] - Future drill programs will focus on upgrading and expanding the underground portion of the Monte Carlo zone [3][4] Ongoing Drilling Programs - The 2025 Queensway drill program, which commenced in May 2025, is over 95% complete and is expected to conclude in Q4 2025 [13] - Additional drilling includes geotechnical, condemnation, and hydrogeological drilling, all aimed at supporting the Phase 1 mine plan [14] Exploration Activities - Exploration drilling continues in the vicinity of the Dropkick zone, where a new zone of gold mineralization is being outlined [15] - An excavation program has been completed at the Lotto zone, with results pending from the analysis of samples collected [16] Company Overview - New Found Gold is focused on advancing the Queensway Gold Project and bringing the Hammerdown Operation into steady-state production [38] - The company holds a 100% interest in Queensway and has a solid shareholder base, including cornerstone investor Eric Sprott [38]
Suncor Energy announces 2026 corporate guidance
Newsfile· 2025-12-11 11:45
Core Viewpoint - Suncor Energy's 2026 corporate guidance emphasizes operational excellence and plans for significant shareholder returns through increased share buybacks, alongside robust production and refining targets [2][6][23]. Production Guidance - Total upstream production is projected to be between 840,000 to 870,000 barrels per day (bbls/d) in 2026, reflecting an increase of over 100,000 bbls/d compared to 2023 [2][5]. - Annual refining utilization is expected to average between 99% and 102%, indicating improved performance across the downstream portfolio [2][6]. Capital Expenditures - Total capital expenditures for 2026 are anticipated to be approximately C$5.7 billion, aligning with targets set during the 2024 Investor Day [3][9]. - Key investments include in situ well pads, Mildred Lake East, West White Rose, and the Petro-Canada retail network optimization plan [3][6]. Shareholder Returns - The company plans to return 100% of excess funds to shareholders through share buybacks, increasing the monthly repurchase amount by 10% to C$275 million, aiming for a total of C$3.3 billion in 2026 [2][6]. Operational Performance - The company is focused on maintaining high operational performance, with a commitment to delivering superior shareholder value in 2026 and beyond [4][6]. - An update on 2025 operational results and performance relative to the 2024 Investor Day targets will be provided in early January 2026 [4][6].
Heliostar Announces Positive Prefeasibility Study for Cerro del Gallo with Significant Expansion Potential
Newsfile· 2025-12-11 11:30
Core Insights - Heliostar Metals Ltd. announced a positive Prefeasibility Study (PFS) for its Cerro del Gallo project, highlighting strong economic metrics and significant expansion potential [1][2] Project Overview - The Cerro del Gallo project has a reserve base of 2.27 million gold equivalent ounces (GEOs) of probable mineral reserves as of July 31, 2025 [3] - The project is designed as a 6 million tonne-per-year open-pit mining operation utilizing conventional methods [6] Economic Analysis - The base case scenario shows a post-tax NPV of US$424 million, an IRR of 33.1%, and a payback period of 2.3 years at a gold price of US$2,300/oz [4][5] - The upside case indicates a post-tax NPV of US$972 million, an IRR of 59.3%, and a payback period of 1.4 years at a gold price of US$3,900/oz [4][12] - Average annual free cash flow is projected at US$47.6 million at a gold price of US$2,300/oz, increasing to US$104.5 million at US$3,900/oz [4][25] Production Metrics - The mine life is estimated at 15.3 years, with an average annual production of approximately 85,700 GEOs [5][8] - The average total cash cost is projected at US$1,252 per GEO, with an all-in sustaining cost (AISC) of US$1,390 per GEO [9][18] Resource Estimates - Indicated resources total 240 million tonnes grading 0.63 g/t AuEq for 4.9 million GEOs, while inferred resources are 24 million tonnes grading 0.52 g/t AuEq for 0.4 million GEOs [4][40] Capital Expenditure - Initial capital expenditure is estimated at US$195.3 million, which includes costs for a heap leach mine and SART plant [4][20] - Total life-of-mine capital costs are projected at US$355.6 million, including US$132 million allocated for reclamation at the end of the mine life [10][21] Next Steps - The company plans to continue technical work, permitting, and community engagement to advance the project to a feasibility level [2][38] - Future drilling will focus on increasing mineral resources and reserves, particularly in areas with high potential for growth [37][36]
American Eagle Extends South Zone Discovery by over 300 Metres; Returns 91 m of 1.53% CuEq Within 167 m of 1.06% CuEq
Newsfile· 2025-12-11 11:00
American Eagle Extends South Zone Discovery by over 300 Metres; Returns 91 m of 1.53% CuEq Within 167 m of 1.06% CuEqDecember 11, 2025 6:00 AM EST | Source: American Eagle Gold Corp.Highlights:South Zone Expansion:NAK25-57 intersected 167 m of 1.06% Copper Equivalent (CuEq), including 91 m of 1.53% CuEq, within 909 m averaging 0.41% CuEq from surface; this extends the NAK25-46 discovery more than 100 m west.NAK25-52 extends the high-grade NAK25-48 discovery by over 200 metres to the east, retu ...