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RETRANSMISSION: Amex Exploration Perron Gold Project Delivers Strong Economics in Updated PEA
Newsfile· 2025-09-04 11:00
RETRANSMISSION: Amex Exploration Perron Gold Project Delivers Strong Economics in Updated PEASeptember 04, 2025 7:00 AM EDT | Source: Amex Exploration Inc.Post-Tax IRR 70.1% and Post-Tax NPV C$1,085M at US$2,500/oz AuTwo Stage Production: 4-year toll milling operation followed by the construction of an on-site processing plantCumulative Undiscounted Post-Tax Cash Flow of C$1,768M, including C$1,273M over the first 10 years of productionGold production to average 112,000 oz per year over the fi ...
West Point Gold Provides Positive Update on Its Exploration Target at Tyro; 10,000 m Drill Program to Start in September at Gold Chain
Newsfile· 2025-09-04 11:00
West Point Gold Provides Positive Update on Its Exploration Target at Tyro; 10,000 m Drill Program to Start in September at Gold ChainSeptember 04, 2025 7:00 AM EDT | Source: West Point Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - September 4, 2025) - West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") is pleased to announce that it has updated its exploration target at Tyro Main Zone ("Exploration Target") based on the 5,541m of drilli ...
Silver47 Highlights Expansive High-Grade Gold and Silver System at the Kennedy Project, Nevada
Newsfile· 2025-09-04 11:00
Silver47 Highlights Expansive High-Grade Gold and Silver System at the Kennedy Project, NevadaSamples up to 44.5 g/t Gold, 3,037 g/t Silver, and 8.56% CopperSeptember 04, 2025 7:00 AM EDT | Source: Silver47 Exploration Corp.Vancouver, British Columbia--(Newsfile Corp. - September 4, 2025) - Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) ("Silver47" or the "Company") is pleased to provide assay results from a recently completed rock sampling program at its high-grade Kennedy gold-silver ...
Golden Cross Resources Secures Application over Strategic Strike Expansion at Welcome & Ti Tree Gold Projects, Victoria
Newsfile· 2025-09-04 11:00
Core Viewpoint - Golden Cross Resources has secured an application for Exploration Licence EL008779, expanding its land holdings by 305 km² in Victoria's Lachlan Fold Belt, enhancing its strategic position in gold exploration [2][3][5]. Group 1: Expansion of Land Holdings - The new licence covers approximately 46 km of strike across several key anticlines known for gold mineralization, increasing the company's total land position to over 750 km² in the region [3][5]. - The application consolidates potential strike extensions ahead of initial drill testing of regional targets, particularly in the Reedy Creek Gold Project [3][5]. Group 2: Key Prospective Trends - The application includes several significant trends: Providence Trend (8 km strike), Homewood Trend (9 km strike), Ti Tree Trend (11 km strike), and Welcome Trend (18 km strike) [6][10]. - Historical data indicates that the Providence area yielded over 930 kg (30,000 oz) of gold from 1859 to 1888, while the Welcome Reef produced 1,200 oz of gold averaging 45 g/t [7][9]. Group 3: Strategic Importance - The new application is a crucial step in Golden Cross's strategy to build a pipeline of high-quality exploration targets, particularly adjacent to Southern Cross Gold's Sunday Creek discovery [10][11]. - Management emphasizes the link between gold mineralization and the region's major anticlinal fold trends, indicating a growth phase with ongoing mapping and initial drill testing [11]. Group 4: Marketing Services Agreement - The company has entered into a marketing services agreement with the Oregon Group for a term of 12 months, with a budget starting at US$15,000 and an option to increase to US$45,000 [14][15]. - Oregon specializes in market research and enhancing client visibility, focusing on critical minerals and energy intelligence [17]. Group 5: Company Overview - Golden Cross Resources is a Canadian mineral exploration company focused on advancing its high-grade Reedy Creek gold project in Victoria, Australia, located near Southern Cross Gold's Sunday Creek discovery [18].
InZinc Reports Additional Results from Drilling Further Expanding Sedex Mineralization at Indy Project, Central BC
Newsfile· 2025-09-04 11:00
Core Insights - InZinc Mining Ltd. has reported successful results from additional drilling at its Indy Sedex project, extending the mineralization depth of the B-9 Zone to 120 meters below the surface [1][8] - The 2025 drilling campaign has increased the B-9 mineralized trend by over 40% to a total length of 700 meters, indicating significant potential for further exploration [1][7] Exploration Results - The principal mineralized horizon was intersected at 3.3% Zn, 0.3% Pb, and 2.6 g/t Ag over 4.2 meters from 121.4 meters downhole, demonstrating continuity of mineralization [8][14] - A second, shallower mineralized horizon was also identified, with results of 3.2% Zn, 0.4% Pb, and 2.6 g/t Ag over 3.2 meters from 86.6 meters downhole [8][14] - All 2025 drill holes across the 700-meter long B-9 trend reported mineralization above the cut-off grade [8][14] Project Overview - The Indy project covers an extensive area of 200 square kilometers and includes a 30-kilometer length of under-explored strata in central British Columbia [11] - The near-surface mineralization discovered at Indy is typical of worldwide Sedex deposits, which often include significant silver and critical minerals as by-products [11][20] - Drilling to date has tested only 10% of the prospective 7.5-kilometer Main Trend, indicating substantial room for further exploration [14] Additional Findings - High-grade massive sulphides were discovered in the northern area, with one hole returning 11.0% Zn, 2.3% Pb, and 27.1 g/t Ag over 3.0 meters [14] - The widest intersection to date averaged 3.3% Zn, 0.7% Pb, and 7.4 g/t Ag over 19.1 meters, including semi-massive sulphides [14]
Ivanhoe Mines Announces Discovery of Copper Mineralization on Surface at Project Licences in Kazakhstan
Newsfile· 2025-09-04 10:30
Core Viewpoint - Ivanhoe Mines has announced the discovery of copper mineralization on the surface at its joint venture project in the Chu-Sarysu Basin, Kazakhstan, and has commenced a 15,000-meter diamond drill campaign across a 16,000 km² license package [1][2][10]. Group 1: Exploration Activities - The Chu-Sarysu Basin is the world's third-largest sediment-hosted copper basin, covering an area over seven times larger than Ivanhoe's Western Forelands Exploration Project in the Democratic Republic of the Congo [2]. - Recent fieldwork on the Merke license has identified a 20-meter thick zone of copper mineralization, with samples returning between 1.0% and 5.0% copper [3][4]. - The discovery supports the theory that mineralization is structurally controlled, with faults and fractures acting as conduits for copper-bearing fluids [4][7]. Group 2: Drilling Campaign - A 15,000-meter drill campaign has commenced in the western section of the joint venture's license package, specifically on the Glubokoe license [10][11]. - The initial drill holes are expected to be between 800 and 1,000 meters deep, aimed at calibrating results with historic and newly acquired geophysical datasets [12][29]. Group 3: Geological Context - The Chu-Sarysu Basin hosts approximately 27 million tonnes of known copper and is home to the world-class Dzhezkazgan deposit, which has been mined for over a century [14]. - The US Geological Survey estimates that there remains about 25 million tonnes of undiscovered copper in the basin, indicating significant untapped potential [15]. Group 4: Economic and Strategic Context - Kazakhstan is recognized as a low-cost, mining-friendly jurisdiction, contributing approximately 14% to the country's GDP and 17.5% to its exports, equivalent to about US$10.5 billion [19]. - Despite its geological potential, exploration expenditure in Kazakhstan has lagged, averaging around $100 million annually over the past 15 years, although recent activity has increased due to streamlined licensing processes [21]. Group 5: Joint Venture Details - Ivanhoe Mines formed a strategic alliance and joint venture with UK-based Pallas Resources, accumulating a license package totaling over 16,000 km² across seven projects [22]. - The company plans to sole-fund up to $18.7 million over the first two years and can earn up to 80% in all seven projects for a maximum consideration of $115 million over four years [23][24].
Blackrock Silver Receives 4.24 Million Dollars from Warrant Exercises and Upsizes Eastern Resource Expansion Drill Program at Tonopah West
Newsfile· 2025-09-04 10:00
Core Points - Blackrock Silver Corp. has received C$4.24 million from the exercise of 9,830,880 common share purchase warrants since July 8, 2025, enhancing its financial position for project development [1][4] - The total number of common shares outstanding is now 325,490,026, following the warrant exercises [2] - The company has expanded its Eastern Resource Expansion drill program at the Tonopah West project by adding 7 drillholes, bringing the total to 22 drillholes and up to 7,000 meters of drilling [3][4] Financial Position - The C$4.24 million received from warrant exercises has strengthened the company's treasury, allowing for aggressive advancement of the Tonopah West project [4] - The company aims to upgrade a portion of the DPB-South inferred resources to higher confidence categories, with an updated mineral resource estimate expected in early September 2025 [4] Project Development - Drilling for the Eastern Resource Expansion program is progressing rapidly, with 19 out of 22 holes completed and assay results pending [3][4] - A further resource update focused on extending mine life is scheduled for Q1 2026 [4] Company Overview - Blackrock Silver Corp. is a junior precious metal exploration and development company, focused on its 100% controlled Nevada properties, which feature low-sulphidation, epithermal gold and silver mineralization [6]
Sequans Announces ADS Ratio Change
Newsfile· 2025-09-04 10:00
Core Viewpoint - Sequans Communications has announced a change in the ratio of its American Depositary Shares (ADS) to ordinary shares, moving from 1:10 to 1:100, effective September 17, 2025, to enhance market appeal and operational efficiency [1][2][3]. Company Overview - Sequans Communications S.A. is a fabless semiconductor company specializing in wireless 4G/5G cellular technology for the Internet of Things (IoT) and is a pioneer in adopting Bitcoin as a treasury reserve asset [5][8]. - The company intends to strategically accumulate Bitcoin as its primary treasury reserve asset, utilizing proceeds from equity and debt issuances, as well as cash generated from operations [5]. ADS Ratio Change Details - The new ADS ratio will be effective before trading begins on the NYSE on September 17, 2025, and will function similarly to a one-for-ten reverse ADS split [2][3]. - Holders of ADSs will not need to take action for the automatic exchange, while those with certificate form ADSs must exchange their certificates at a rate of 10 old ADSs for 1 new ADS [3]. Objectives of the ADS Ratio Change - **Practicality and Convenience**: The change aims to reduce the number of outstanding ADSs for operational efficiency following a capital increase in July 2025 [7]. - **Enhanced Market Appeal**: A higher per-ADS price is expected to attract a broader range of institutional investors [7]. - **Regulatory Compliance and Strategic Flexibility**: The adjustment will help ensure compliance with NYSE listing requirements and provide resilience against market volatility [7]. Technology and Innovation - Sequans develops technologies for AI-connected applications, including secured payments, smart mobility, and smart cities, and offers a comprehensive portfolio of 4G/5G solutions tailored for IoT [8].
Tudor Gold Closes Acquisition of American Creek
Newsfile· 2025-09-04 09:30
Core Viewpoint - Tudor Gold Corp. has successfully completed the acquisition of American Creek Resources Ltd., increasing its ownership interest in the Treaty Creek Project to 80% [1][2][3]. Transaction Details - The acquisition was executed under an arrangement agreement announced on June 26, 2025, where Tudor acquired all issued and outstanding common shares of American Creek, making it a wholly-owned subsidiary [2]. - American Creek shareholders received 0.238 of a common share of Tudor for each share held, establishing the exchange ratio [2]. - AMK options were replaced with Tudor options at the same exchange ratio, while AMK warrants will remain outstanding and can be exercised for Tudor shares at the same ratio [2]. Strategic Implications - The acquisition positions Tudor to attract a broader range of potential investors and enhances its exploration capabilities in the Treaty Creek Project, which is noted for its significant gold discovery potential [3]. - The company has settled $1,220,733 in severance payments to former insiders of AMK, issuing 2,273,244 common shares at a price of $0.537 per share [3]. Market Impact - AMK shares are expected to be delisted from the TSX Venture Exchange and OTCQB on September 5, 2025, as Tudor plans to cease American Creek's public reporting obligations [4]. Company Background - Tudor Gold Corp. is focused on precious and base metals exploration and development in British Columbia's Golden Triangle, an area known for its rich mineral deposits [7].
iMetal Resources Announces Closing of Private Placement
Newsfile· 2025-09-04 07:01
Group 1: Private Placement Details - iMetal Resources Inc. has closed a non-brokered private placement, issuing 10,720,999 units at a price of $0.105 per unit, resulting in gross proceeds of $1,125,705 [1][2] - Each unit consists of one common share and one transferable share purchase warrant, with warrants allowing the purchase of additional shares at $0.20 until August 29, 2027 [2] - The company will use the net proceeds for further exploration of its properties, potential new acquisitions, and general working capital [3] Group 2: Finder's Fees and Warrants - In connection with the offering, the company paid finders' fees of $46,606 and issued 483,770 non-transferable share purchase warrants to third parties who assisted in the placement [3] - Each finder's warrant is exercisable on the same terms as the regular warrants [3] Group 3: Stock Options - The company granted 1,000,000 incentive stock options to certain directors, officers, and consultants, which vest immediately and are exercisable at a price of $0.22 until September 4, 2030 [4] Group 4: Company Overview - iMetal Resources Inc. is a Canadian junior exploration company focused on resource properties in Ontario and Quebec, with its flagship property being the Gowganda West gold project [5] - The Gowganda West project has a recent discovery hole of 48.5 meters at 0.85 g/t gold, located near the Juby Deposit in the Abitibi Greenstone Gold Belt [5] - Other properties include the 220-hectare Ghost Mountain property and the Carheil project, which has multi-metal potential [5]