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AbraSilver Continues to Drill High-Grade Gold at Diablillos, with 36 Metres of 2.32 g/t Gold Intersected at Oculto East
Newsfile· 2025-11-19 12:30
Core Insights - AbraSilver Resource Corp. has reported new assay results from its ongoing Phase V exploration program at the Diablillos project in Argentina, highlighting high-grade gold mineralization at Oculto East and confirming broad gold-copper mineralization at Cerro Viejo [1][3][4] Summary of Drill Results - At Cerro Viejo, two drill holes intersected continuous gold mineralization from surface, with notable results including: - DDH 25-050: 128.0 metres at 0.24 g/t gold - DDH 25-056: 200.0 metres at 0.32 g/t gold, including 10.0 metres at 1.10 g/t gold and 11.0 metres at 0.33 g/t gold with 0.46% copper [4][5] - At Oculto East, significant high-grade intervals were reported, including: - DDH 25-078: 36.0 metres at 2.32 g/t gold, including 11.0 metres at 3.76 g/t gold - DDH 25-081: 10.0 metres at 0.72 g/t gold [4][5][9] Exploration Potential - The drilling results at Oculto East indicate a large, continuous extension of the mineralized system, with two distinct sub-parallel zones of mineralization approximately 500 metres apart, suggesting significant scale and continuity [3][9] - Drilling at Cerro Viejo confirms the presence of a significant gold-copper porphyry system, with deeper drilling currently underway to evaluate the underlying porphyry source [3][6] Project Development - The company has completed all necessary work for the application under Argentina's Large Investment Incentive Regime (RIGI), aimed at attracting major development projects [13] - The Definitive Feasibility Study (DFS) is nearing completion, with metallurgical test work and site investigations finalized, and is on track for completion in H1 2026 [14] Mineral Resource Estimate - The latest Mineral Resource estimate for Diablillos includes: - Measured: 26,545,000 tonnes at 0.71 g/t gold and 119 g/t silver - Indicated: 46,584,000 tonnes at 0.63 g/t gold and 56 g/t silver - Inferred: 9,693,000 tonnes at 0.58 g/t gold and 34 g/t silver [18]
Torex Gold Announces Renewal of Normal Course Issuer Bid
Newsfile· 2025-11-19 12:30
Core Viewpoint - Torex Gold Resources Inc. has received approval from the Toronto Stock Exchange to renew its normal course issuer bid, allowing the company to repurchase up to 8,133,430 common shares over the next year, representing approximately 10% of its public float as of November 11, 2025 [1][2]. Group 1: NCIB Details - The NCIB allows Torex to purchase common shares from November 21, 2025, to November 20, 2026, with a total of 96,176,134 common shares issued and outstanding as of November 11, 2025 [2]. - The company can buy shares at a maximum daily limit of 101,788 common shares, which is 25% of the average daily trading volume over the past six months [4]. - All shares purchased under the NCIB will be cancelled, and the company plans to fund these purchases from its available working capital [4][6]. Group 2: Previous NCIB Performance - Under the current NCIB that started on November 21, 2024, and ends on November 20, 2025, Torex was approved to buy up to 7,116,777 common shares, of which 308,632 shares were purchased at an average price of approximately C$46.78 [5]. Group 3: Company Overview and Strategy - Torex Gold Resources Inc. is a Canadian mining company focused on gold, copper, and silver production, primarily from its Morelos Complex in Mexico, which is the largest single gold producer in the country [7]. - The company's strategic objectives include delivering Media Luna to full production, optimizing production and costs at Morelos, growing reserves, and pursuing disciplined growth and capital allocation [8].
Geomega Receives $2.7M from Exercise of Warrants and Provides Update on Bauxite Residue Opportunity
Newsfile· 2025-11-19 12:30
Core Viewpoint - Geomega Resources Inc. has successfully raised $2.7 million through the exercise of financial instruments and is advancing its bauxite residue valorization technology, which presents significant opportunities in the aluminum industry [1][2]. Financial Instruments Exercises - Since September 1, 2025, the company raised $2,728,773 through the exercise of various financial instruments, resulting in the issuance of 11,991,819 common shares [2]. - Only 110,000 warrants expired on November 6, 2025, while insiders exercised all their options and warrants nearing expiry [2]. - Major shareholders, including Michael Gentile, have increased their positions by exercising their warrants [2]. Corporate Structure - The updated corporate structure includes 160,748,007 issued and outstanding shares, 6,160,000 stock options, and 16,431,350 convertible debentures [3]. Update on Recent Conferences and Bauxite Residue Opportunity - Geomega presented its multi-step processing technology at the ICSOBA and IFCURM 2025 conferences, focusing on recovering bulk metals and producing high-value metal concentrates while reducing residue volume by over 90% [4][5]. - The technology aims to minimize processing steps, maximize reagent recycling, and significantly reduce effluent generation [5]. Pilot Study and Project Developments - The pilot study for the Bauxite Residue to Resources (BR2R) Project successfully produced 20 kg of high-purity iron oxide (99.3% Fe₂O₃) and demonstrated commercial potential of 460 kg of Fe₂O₃ per tonne of bauxite residue [9][10]. - The next phase involves developing a demonstration plant as part of a joint development and demo license agreement [10]. Industry Context and Future Outlook - The aluminum industry faces challenges with increasing bauxite residue due to declining bauxite quality, creating a growing market for Geomega's technology [11]. - Geomega's approach to valorizing both legacy and fresh bauxite residue expands its total addressable market, positioning the company for future collaborations and advancements in technology [11].
American Tungsten Announces Key Strategic Appointments
Newsfile· 2025-11-19 12:30
Core Insights - American Tungsten Corp. has made several strategic appointments to enhance its leadership team and operational capabilities [2][4][5][6][7] Group 1: Leadership Appointments - Carolyn Loder has joined the Board of Directors, bringing extensive experience in mineral rights, permitting, and stakeholder engagement, which will be crucial for the company's operations [2] - Michael Zehr has been appointed as a Strategic Advisor, focusing on government affairs and critical minerals policy, which will aid in the company's engagement with federal and state agencies [4] - Murray Nye will transition from President to Advisor, with the company expressing gratitude for his leadership [6] Group 2: Financial Governance - The company has appointed Davidson & Company LLP as its new independent auditor, reflecting a commitment to enhance financial governance and regulatory compliance in preparation for a planned uplisting to a senior U.S. exchange [5] Group 3: Project Focus - The company is advancing the Ima Mine Project in Idaho, which is a historic underground tungsten property, addressing critical metal scarcity in North America [7]
Altamira Gold Intersects High Grade Gold Mineralization Within a Second New Porphyry Body at Morro Verde Target, Cajueiro District, Brazil
Newsfile· 2025-11-19 12:20
Altamira Gold Intersects High Grade Gold Mineralization Within a Second New Porphyry Body at Morro Verde Target, Cajueiro District, BrazilNovember 19, 2025 7:20 AM EST | Source: Altamira Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - November 19, 2025) - Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTCQB: EQTRF), ("Altamira" or the "Company") is pleased to report assay results from recent reconnaissance drill holes at the Morro Verde target, located within the Company's Cajueiro Dis ...
Atomic Minerals Announces Non-Brokered LIFE Offering and Concurrent Private Placement of up to $1.8M and Adoption of Shareholder Rights Plan
Newsfile· 2025-11-19 12:00
Core Viewpoint - Atomic Minerals Corporation is conducting a non-brokered private placement to raise up to $1.8 million through a LIFE Offering and a Concurrent Private Placement, aimed at funding uranium exploration projects in Saskatchewan and the U.S. [1][6] Group 1: Financing Details - The LIFE Offering consists of up to 12,000,000 units priced at $0.05 per unit, aiming for gross proceeds of up to $600,000 [1] - The Concurrent Private Placement will offer up to 24,000,000 units at the same price, targeting gross proceeds of up to $1,200,000 [1] - Each unit includes one common share and one-half of a common share purchase warrant, with warrants exercisable at $0.10 for 12 months [2] Group 2: Use of Proceeds - The net proceeds from both offerings will be utilized for exploration activities at uranium projects in Saskatchewan and the Colorado Plateau, as well as for general administrative expenses [6] Group 3: Shareholder Rights Plan - The company has adopted a shareholder rights plan effective October 14, 2025, to ensure fair treatment of all shareholders during unsolicited take-over bids [9][10] - The plan includes provisions for rights attached to shares that become exercisable if an acquiring person obtains 20% or more of the voting securities without complying with the plan [11] - The plan is subject to ratification by shareholders at the upcoming annual general meeting on November 21, 2025 [12] Group 4: Market Making Engagement - Atomic Minerals has engaged Independent Trading Group as a market maker to enhance liquidity and maintain a reasonable market for its shares [13] - The market-making agreement includes a monthly compensation of CAD$6,000 plus GST, with an initial term of one month [14]
Metal Energy Announces Right of First Refusal Agreement on Remaining 20% Interest in NIV
Newsfile· 2025-11-19 12:00
Core Viewpoint - Metal Energy Corp. has entered into a right of first refusal agreement for the remaining 20% interest in the NIV and West NIV properties, enhancing its long-term ownership strategy in a promising copper-gold porphyry target in British Columbia [2][3]. Group 1: Right of First Refusal Agreement - The ROFR Agreement allows Metal Energy to purchase the remaining 20% interest on the same terms as any third-party offer, providing a mechanism to consolidate 100% ownership in the future [4][7]. - If a bona fide third-party offer is received, Metal Energy has 45 days to elect to acquire the remaining interest under the same terms [4]. - The agreement includes the issuance of 600,000 common shares at a deemed price of $0.47 per share, subject to TSX Venture Exchange approval [5][6]. Group 2: Project Details - The NIV property is characterized as a fully permitted, drill-ready copper-gold porphyry target with extensive high tenor copper and gold anomalies [7]. - The property is located in the Toodoggone District, which has geological similarities to the Kemess mine and recent discoveries like Aurora and Aurora West [7]. - Metal Energy's portfolio now includes three high-potential projects, with NIV being a significant addition [8].
Dakota Gold Intersects High-Grade Gold Mineralization in Expansion Drilling at Richmond Hill
Newsfile· 2025-11-19 11:30
Core Insights - Dakota Gold Corp. has reported assay results from 26 drill holes at the Richmond Hill Oxide Heap Leach Gold Project, confirming high-grade gold mineralization in the northern area, which supports the company's mining plans [1][2][4] Drilling Campaign - The ongoing 2025 drilling campaign aims to complete approximately 27,500 meters (~90,000 feet) of drilling, with two drills currently operating on site [2] - The results from the expansion drilling in the northeast corner of the project indicate significantly higher-grade gold than the average resource grade [6] Assay Results - Notable assay results include: - RH25C-278 intersecting 1.75 grams per tonne (g/t) gold over 19.9 meters - RH25C-295 intersecting 2.15 g/t gold over 30.0 meters - RH25C-270 intersecting 2.26 g/t gold over 29.2 meters - RH25C-288 intersecting 4.15 g/t gold over 14.5 meters [6][10] Project Development - The continuity and quality of the near-surface deposit at Richmond Hill suggest a low-cost, long-life project with high margins, as highlighted in the company's Initial Assessment earlier this year [4] - The metallurgical drilling results are expected to refine the model boundaries and improve the precision of geo-metallurgical domains for the feasibility and mine planning [5][6] Future Plans - The company plans to advance heap leach column testing and will provide updates on these results as they become available [4] - Additional assay results from expansion and infill drilling are anticipated through the fourth quarter of 2025 and into 2026 [4]
Sequans Communications Announces Update of ADS Repurchase Program
Newsfile· 2025-11-19 11:25
Core Viewpoint - Sequans Communications has successfully repurchased 755,349 American Depositary Shares (ADSs), representing approximately 5% of outstanding ADSs, as part of its ongoing strategy to enhance shareholder value through disciplined capital allocation [1][2][4] Group 1: ADS Repurchase Program - The repurchases were executed at an average price of $6.40 per ADS, resulting in a current outstanding ADS count of approximately 15.2 million, or 16.3 million including potential pre-funded warrants [2] - The reduction in outstanding ADSs has generated a 4.4% yield in Bitcoin per outstanding ADS since the company's earnings call on November 4, 2025, showcasing the effectiveness of its capital allocation strategy [2][3] Group 2: Funding and Strategy - The ADS repurchases were funded through proceeds from the sale of Bitcoin and operational funds, indicating a strategic approach to enhance Bitcoin per share [3] - The company aims to continue executing share repurchases at prices below net asset value (NAV) per ADS to create additional value for shareholders [3][4] Group 3: Management's Perspective - The CEO of Sequans, Dr. Georges Karam, emphasized that the current digital asset market conditions present an opportunity to strengthen the balance sheet and advance the Bitcoin Treasury strategy [4] - The company remains committed to reducing debt and executing share repurchases to reinforce its growth strategy and deliver value to shareholders [4] Group 4: Company Overview - Sequans Communications is a leading fabless semiconductor company specializing in 4G/5G cellular technology for IoT and is recognized as a pioneer in Bitcoin Treasury [8] - The company views Bitcoin as a long-term investment and plans to accumulate it as its primary treasury reserve asset, utilizing proceeds from equity and debt issuances as well as operational cash flow [8][9]
Doubleview Gold Corp. Closes Final Tranche of Non-Brokered Private Placement for Gross Proceeds of $7,181,400
Newsfile· 2025-11-19 11:00
Doubleview Gold Corp. Closes Final Tranche of Non-Brokered Private Placement for Gross Proceeds of $7,181,400November 19, 2025 6:00 AM EST | Source: Doubleview Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - November 19, 2025) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the "Company" or "Doubleview") is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement (the "Private Placement") announced on November ...