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Empat Launches Empat School to Train Next-Gen Full-Stack & Flutter Developers
Newsfile· 2025-12-11 12:30
Core Insights - Empat has launched Empat School, an online program aimed at training aspiring full-stack and Flutter developers, starting on January 5, 2026 [1][4] - The program is complimentary and targets students in their 2nd year or higher in IT-related fields, combining expert-led lectures, hands-on assignments, and mentorship [3][4] - Top-performing students will have the opportunity to secure trainee positions at Empat, creating a direct link between education and employment [5] Program Structure - Empat School's curriculum includes backend architecture, database management, responsive frontend design, and mobile app development with Flutter [4] - The program emphasizes real-world tasks typically handled by professional development teams, providing practical experience [3][4] Company Background - Empat is a leading custom software and mobile app development agency with successful projects across 17 countries [6] - The company focuses on transforming ideas into impactful digital products through deep research and empathy-driven design [6]
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
Core Insights - Scottie Resources Corp. has reported new assay results from the P-Zone of the Scottie Gold Mine Project, indicating strong mineralization with significant gold grades [1][2]. Summary by Sections Drilling Results - The recent drilling at the P-Zone revealed an intersection of 8.43 grams per tonne (g/t) gold over 11.40 metres, including a higher grade of 14.80 g/t over 6.00 metres [4][6]. - Additional drill holes also reported notable gold grades, such as 8.37 g/t over 4.0 metres and 9.70 g/t over 1.25 metres in the M-Zone [6][7]. Project Overview - The Scottie Gold Mine Project includes the past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone, located 35 kilometres north of Stewart, BC [1][21]. - The project has a current resource estimate of 703,000 gold ounces at an average grade of 6.1 g/t in the inferred category, indicating significant development potential [22]. Economic Assessment - A recently completed Preliminary Economic Assessment (PEA) outlines a Direct-Ship Ore (DSO) operation with an after-tax NPV(5%) of CAD 215.8 million at a gold price of USD 2,600/oz, with potential upside through a toll-milling option [17][23]. - The PEA estimates initial capital costs of CAD 128.6 million and an average annual production of approximately 65,400 ounces of gold over seven years [24]. Geological Insights - The exploration has identified four new high-grade zones and expanded several historically drilled targets, indicating a robust geological framework for ongoing exploration [13][14]. - A spatial relationship has been established between high-grade zones and the Jurassic-aged Texas Creek Plutonic Suite, suggesting a shared mineralizing event across the property [14]. Future Plans - The 2025 drilling program aims to expand the existing resource and increase geological confidence, with follow-up drilling planned for the Wolf Zone [12]. - The company is focused on systematic drilling and surface exploration to define additional mineralization around past-producing mines [22].
Talon Metals Extends High-Grade Vault Zone with Step-Out Drilling in Multiple Sulphide Stacks
Newsfile· 2025-12-11 12:30
Core Viewpoint - Talon Metals Corp. has successfully extended the high-grade Vault Zone at the Tamarack Nickel-Copper-Cobalt Project through multiple step-out drill holes, confirming significant copper enrichment and lateral extension of massive sulphide mineralization predicted by borehole electromagnetic surveys [2][10][11]. Group 1: Drill Results - Drill hole 25TK0563B intercepted 7.56 meters of Mixed Massive Sulphide (MMS) and Massive Sulphide Unit (MSU) within the same stratigraphic horizon as previous discoveries, indicating a lateral extension of 16 meters from drill hole 25TK0563 [4][12]. - Drill hole 25TK0566 intercepted 5.16 meters of MSU/MMS approximately 16 meters south of drill hole 16TK0250, confirming the lateral continuity of massive sulphides in that direction [16][27]. - Assays from drill hole 25TK0565 showed significant grades, including 19.11 meters grading 2.38% Ni and 4.72% Cu, indicating strong copper enrichment across the Vault Zone [19][24]. Group 2: Geological Insights - Borehole electromagnetic (BHEM) surveys indicated potential lateral continuity of massive sulphides, which has now been confirmed by new drill results [10][11]. - Chalcopyrite veinlets intercepted at approximately 880 meters in drill hole 25TK0566 provide evidence supporting the potential for more stacked zones below the discovery [9][17]. - The Cu:Ni ratio in drill hole 25TK0565 is 1.98, significantly higher than the typical range of 0.41-0.77 in the Tamarack Resource Area, further supporting the indication of strong copper enrichment [23]. Group 3: Future Plans - The company plans to continue its exploration program during Winter 2026, utilizing three drill rigs to target BHEM plates and refine successive drill targets based on ongoing geological and geophysical insights [25][28]. - Talon aims to expand its exploration efforts in Michigan alongside the ongoing work at the Tamarack Nickel-Copper Project, positioning itself for a highly active exploration year [28].
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
Core Insights - Sanu Gold Corporation has reported significant drilling results from its Daina property in the Siguiri Basin, Guinea, indicating a broad mineralized corridor with substantial gold potential [3][4][5] Exploration Highlights - The company drilled a total of 17,802 meters in FY-2025, with 12,896 meters focused on the Daina property, revealing extensive near-surface and deeper gold mineralized zones [5][10] - Key targets at Daina include Daina 2, Daina 1 South, and Salat East, with significant gold intercepts reported, such as 16 meters at 1.81 g/t Au from 44 meters at Daina 2 [5][9][12] - The Daina property is characterized by a multi-kilometer gold system, with mineralization remaining open for further exploration [9][10] Financial Position - Sanu Gold is well-funded for continued exploration activities in FY-2026, with approximately CAD 22 million in cash and cash equivalents [5][6] Future Plans - The company plans to initiate systematic follow-up and infill drilling at Daina in Q1-2026, focusing on expanding the identified gold zones [4][24] - Additional exploration activities are planned for the Bantabaye and Diguifara properties, with high-priority drill targets identified based on recent drilling and geophysical surveys [6][24][39] Geological Context - The Daina property exhibits geological similarities to other established deposits in the region, with mineralization controlled by structural features typical of the Siguiri Basin [4][9][14] - The ongoing exploration efforts are expected to unlock significant potential across the district-scale land package held by Sanu Gold [6][50]
QIMC Accelerates Hydrogen-AI Strategy as Industry Activity Intensifies Along Nova Scotia Hydrogen Corridor
Newsfile· 2025-12-11 12:00
Core Viewpoint - Quebec Innovative Materials Corp (QIMC) is accelerating its hydrogen-AI strategy in Nova Scotia due to increased industry activity and recognition of the region's natural hydrogen potential [1][2]. Industry Activity - Recent weeks have seen significant claim staking by major players, including Koloma and Rio Tinto, which acquired over 5,000 new mining claims near QIMC's properties, indicating a growing interest in the natural hydrogen potential of the Nova Scotia basin [2]. - The rapid expansion of claims in the area confirms Nova Scotia's emergence as a global hub for natural hydrogen [4]. Company Strategy - QIMC employs a scientific and data-driven approach to identify key structural features, such as "hydrogen chimneys," which are essential for hydrogen accumulation and migration [3]. - The company is focusing on vertical integration by developing a fully off-grid AI data center powered by natural hydrogen, responding to the demand for clean energy solutions [4][5]. - An AI and Energy Integration Steering Committee has been established to advance feasibility studies and partner negotiations for deploying hydrogen-powered computing infrastructure [5]. Technological Integration - The convergence of natural hydrogen systems with computing infrastructure is seen as a new energy-to-application model, positioning QIMC to transition from exploration to application-driven development [5][8].
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
Core Insights - American Eagle Gold Corp. has reported significant expansion of the high-grade South Zone at its NAK copper-gold porphyry project in British Columbia, with recent drilling results indicating strong continuity and potential for further mineralization [1][3][23] Summary by Sections Drilling Results - Drill holes NAK25-57 and NAK25-52 have intersected substantial intervals of high-grade mineralization, extending the South Zone discovery to nearly 500 meters in an east-west direction [2][4] - NAK25-57 returned 167 meters of 1.06% Copper Equivalent (CuEq), including 91 meters of 1.53% CuEq, while NAK25-52 extended the high-grade discovery by over 200 meters to the east, returning 85 meters of 0.92% CuEq [4][10] Mineralization Characteristics - The mineralization in NAK25-57 shows a transition from moderate grades at surface to higher grades at depth, characterized by disseminated and vein-hosted chalcopyrite and bornite [7][9] - NAK25-52 also displayed similar characteristics, with high-grade intervals associated with mafic dyking and irregular bornite veining [11] Project Potential - The South Zone continues to demonstrate strong potential for a large, high-grade system that is open to expansion both at surface and at depth [4][23] - The ongoing drilling program, which has completed almost the entirety of the planned 30,000-meter drill program, is expected to further define the mineralization and its continuity [23][25] Company Overview - American Eagle Gold Corp. is well-positioned financially, with over $36 million in cash, supported by strategic investments from Teck Resources and South32 [24][25] - The NAK Project is located in a well-infrastructured area of British Columbia, enhancing its accessibility for further exploration and development [23]