Core Insights - Rua Gold Inc. has reported high-grade gold intercepts at the Cumberland gold camp, confirming the continuity of mineralization at the Gallant target [1][5][9] Drilling Results - Initial drilling results from two holes, CUDDH001 and CUDDH002, intersected significant near-surface gold mineralization, with CUDDH001 showing 3m at 6.3 g/t Au and CUDDH002 showing 14m at 3.4 g/t Au, including 1m at 26.9 g/t Au [3][4][9] - Historical drilling by OceanaGold Limited at the Gallant structure reported intersections of up to 20.7m of quartz with gold grades ranging from 0.15 g/t to 1911 g/t [3][9] Geological Context - The Cumberland gold camp is located 3km south of the Globe-Progress Mine, which has produced over 1 million ounces of gold [4][28] - The Gallant target is characterized by broad quartz veins with true widths ranging from 5m to 9m, consistent with historical data [3][5] Exploration Strategy - The company is utilizing VRIFY's AI-Assisted Mineral Discovery Platform, DORA, to identify prospective targets and streamline exploration efforts [2][15][18] - Ongoing drilling will systematically test the 2.2 km historic mine corridor, focusing on high-priority targets identified by the AI tool [2][3][12] Future Plans - The geological team plans to drill six additional holes, with depths ranging from 70m to 180m, targeting quartz veins extending 200m southward [3][12] - The company aims to develop economically viable ounces at the Gallant target, which is logistically accessible for exploration and potential development [6][5]

TSXV: PGZ   |   OTCQB: PGZFF   |   FRA: 2EU Confirms potential for significant new gold discovery at 100%-owned Cármenes Project, northern Spain Potential for additional discoveries in the large Cármenes Project area VANCOUVER, BC, May 19, 2025 /PRNewswire/ - Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF) (FRA: 2EU) is pleased to announce significant near surface gold assay results in the first drillhole completed in the maiden drill campaign at the Company's 100%-owne ...

Core Insights - Integra Resources Corp. reported strong gold production and positive financial results for Q1 2025, with a cash balance of $61.1 million, marking the company's strongest financial position ever [3][6][10] - The focus for 2025 includes optimizing operations at Florida Canyon, advancing permitting for DeLamar, and de-risking activities at Nevada North [3][18][20] Financial and Operating Highlights - Gold production from Florida Canyon was 19,323 ounces, with gold sold at 19,540 ounces and an average realized gold price of $2,888 per ounce [6][12][29] - Cash costs were $2,016 per ounce, and mine-site all-in sustaining costs (AISC) were $2,342 per ounce, with total AISC at $2,446 per ounce [6][13][30] - Adjusted earnings for Q1 2025 were $4.4 million, or $0.03 per share, with cash flow from operating activities at $16.1 million [6][8][32] Project Developments - The DeLamar Project's updated Mine Plan of Operations was submitted to the U.S. Bureau of Land Management, initiating the environmental review process [18][19] - A 10,000 meter reverse circulation drill program at Florida Canyon is underway, aimed at supporting resource growth and mine life extension [17] - Progress on the feasibility study for DeLamar is expected to be published in H2 2025 [19] Executive Appointments - Several key executives were appointed to enhance operational capabilities, including Clifford Lafleur as Chief Operating Officer and Dale Kerner as Vice President, Permitting [3][25][23]

Core Viewpoint - Galiano Gold Inc. reported its Q1 2025 production and financial results, highlighting operational challenges and exploration successes at the Asanko Gold Mine in Ghana, with a focus on improving production and costs in the upcoming quarters [1][7]. Production and Operations - The company mined 1.3 million tonnes of ore at an average grade of 0.8 grams per tonne, with a strip ratio of 7.0:1 [5][15]. - A total of 20,734 ounces of gold were produced during Q1 2025, with a processing plant shutdown for repairs resulting in a loss of approximately 4,500 to 5,000 ounces of production [5][15]. - The average metallurgical recovery rate was 87%, with 1.1 million tonnes of ore milled [5][15]. Financial Performance - Revenue for Q1 2025 was $76.6 million, driven by the sale of 26,994 ounces of gold at an average realized price of $2,833 per ounce, reflecting an 81% increase in gold ounces sold compared to the previous year [6][20]. - The company reported a net loss of $26.8 million, attributed to unrealized losses on hedges and increased operational costs [6][20]. - Adjusted EBITDA for the quarter was $19.0 million, a significant increase from $5.1 million in Q1 2024 [6][20]. Exploration and Development - Infill drilling at the Abore deposit totaled 5,543 meters, leading to the discovery of a new high-grade zone and an increase in the strike length from 90 meters to 180 meters [3][15]. - Development of cut 3 at the Nkran deposit commenced ahead of schedule, with 0.8 million tonnes of waste mined during the quarter [5][15]. Cost and Capital Expenditures - Total cash costs were reported at $1,730 per ounce, with all-in sustaining costs (AISC) at $2,501 per ounce, reflecting a 39% increase from the previous year [6][20]. - Sustaining capital expenditures were $1.3 million, while development capital expenditures totaled $3.3 million, primarily for the construction of a secondary crushing circuit [6][20]. Health and Safety - The company recorded two lost-time injuries and three total recordable injuries in Q1 2025, with a 12-month rolling LTI frequency rate of 0.43 per million hours worked [5][8].

消息人士：马里法官预计将于周四下令在临时管理下重新开放巴里克黄金公司位于卢洛·贡科托的综合 设施。 ...

Core Insights - Galiano Gold Inc. has released its 2024 Sustainability Report, highlighting its commitment to environmental, social, and governance (ESG) performance and future sustainability goals [1][2]. Environmental Highlights - The company reported zero significant environmental incidents [4] - 57.54 hectares of land are currently under active rehabilitation [4] - 18% of the Asanko Gold Mine's electrical energy needs are met by renewable sources, specifically solar energy [4] Social Responsibility - The Esaase Social Responsibility Fund has been operationalized [4] - 99.8% of the workforce at the Asanko Gold Mine is Ghanaian [4] - The company has supported 360 Ghanaian businesses [4] - Approximately 2,500 community members have participated in free health screening campaigns [4] Governance and Compliance - A Human Rights Impact Assessment audit has been completed [4] - Key recommendations from the Independent Tailings Review Panel have been implemented [4]

Core Viewpoint - Tudor Gold Corp. has appointed Joe Ovsenek as President and CEO, enhancing its executive team to drive growth and development in the mining sector [1][2][3] Executive Team Augmentation - The new executive team includes Joe Ovsenek as President and CEO, Ken McNaughton as Vice President of Project Development, and Michelle Romero as Vice President of External Affairs [1][2] - Joe Ovsenek has a proven track record in advancing mining projects, notably leading the Brucejack Mine from discovery to commercial production in under eight years [2] Strategic Focus - The company aims to leverage its experienced team to advance the Goldstorm Deposit at Treaty Creek, which is seen as a cornerstone asset with strategic advantages such as excellent infrastructure access and strong community relationships [3] - The Treaty Creek project spans 17,913 hectares and is located in British Columbia's Golden Triangle, an area known for its rich mineral deposits [4]

VANCOUVER, BC, May 9, 2025 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX:GAU) (NYSE American: GAU) advises its Annual General Meeting of shareholders ("AGM") will be held virtually on Thursday, June 12, 2025, at 10:00 am PDT. Shareholders who intend to participate in the AGM should refer to the Company's management information circular (the "Proxy Circular") for details regarding how to participate.The AGM is being held to: (i) receive the audited financial statements of the Company for ...

Investment Rating - Industry Rating: Recommended [4] Core Insights - The report indicates a significant decrease in gold and copper production and sales in Q1 2025, with gold production down 30% and copper production down 31% compared to the previous quarter [1][2] - The average realized price for gold increased by 9% quarter-over-quarter and 40% year-over-year, while copper's average realized price rose by 14% quarter-over-quarter and 17% year-over-year [2][6] - The net profit for Q1 2025 was reported at $474 million, a 52% decrease from the previous quarter but a 61% increase year-over-year [6][7] Production and Sales Summary - Gold production in Q1 2025 was 758,000 ounces (23.58 tons), a 30% decrease from the previous quarter and a 19% decrease year-over-year [1][18] - Gold sales totaled 751,000 ounces (23.36 tons), down 22% quarter-over-quarter and 17% year-over-year [1][18] - Copper production was 44,000 tons, a 31% decrease from the previous quarter but a 10% increase year-over-year [2][18] - Copper sales reached 51,000 tons, down 6% quarter-over-quarter but up 31% year-over-year [2][18] Financial Performance - Total revenue for Q1 2025 was $3.13 billion, a 14% decrease from the previous quarter but a 14% increase year-over-year [6][18] - The cost of sales was $1.785 billion, down 11% quarter-over-quarter and 8% year-over-year [6][18] - Adjusted net earnings for Q1 2025 were $603 million, a 24% decrease from the previous quarter but an 81% increase year-over-year [7][18] Key Business Developments - The Loulo-Gounkoto project was temporarily suspended due to operational disputes and restrictions on gold transportation imposed by the Malian government [8][9] - Barrick announced the sale of its 50% stake in the Donlin gold project for $1 billion, with the transaction expected to close in Q2 or Q3 2025 [10] - The company changed its name from Barrick Gold Corporation to Barrick Mining Corporation, effective May 6, 2025 [11] - A new stock buyback plan was approved, allowing for the repurchase of up to $1 billion in common shares over the next 12 months [12] 2025 Guidance - Excluding Loulo-Gounkoto, gold production is expected to be between 3.15 million and 3.50 million ounces in 2025 [13][20] - The company maintains its cost guidance for gold, with total cash costs projected between $1,050 and $1,130 per ounce [15][20] - Copper production is anticipated to be between 200,000 and 230,000 tons in 2025 [16][20]

TORONTO, May 8, 2025 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") announces that, following the requisite approval of the Company's shareholders at the 2025 Annual General and Special Meeting of Shareholders held earlier today, the Company's board of directors has approved the consolidation (the "Consolidation") of the Company's issued and outstanding common shares (the "Common Shares") on the basis of one (1) post-Consolidation Common Share for every three ( ...