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WESTERN COPPER AND GOLD EXTENDS TECHNICAL COLLABORATION WITH RIO TINTO
Prnewswire· 2025-06-16 12:00
VANCOUVER, BC, June 16, 2025 /PRNewswire/ - Western Copper and Gold Corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to announce an extension and revision of its Investor Rights Agreement ("IRA") with Rio Tinto Canada Inc. ("Rio Tinto"). As part of a revised IRA, Rio Tinto will continue to hold a seat on the Casino Technical and Sustainability Committee ("TSC"), along with one representative from Mitsubishi Materials and three from Western, to promote ongoing technical col ...
RUA GOLD Reports Auld Creek Drilling Results Including 2.1m @ 64g/t AuEq Intersected 120m Below the Current Resource, Demonstrating Significant and Open-Ended Depth Potential
Newsfile· 2025-06-16 11:30
Core Viewpoint - Rua Gold Inc. has reported significant high-grade gold-antimony drilling results at the Auld Creek project, indicating substantial depth potential and continuity of mineralization beyond the current resource estimate [1][2][4]. Company Summary - Rua Gold is focused on expanding the Auld Creek resource, with drilling efforts aimed at both depth and lateral extensions, particularly in the Fraternal and Bonanza prospects [2][4]. - The company has an inferred resource of 700,000 tonnes at 3.1g/t Au and 1.1% Sb, equating to approximately 67,000 ounces of gold and 8,000 tonnes of antimony [11]. - Recent drilling has confirmed high-grade intersections, including 2.1m at 64.0g/t AuEq from a depth of 310m, showcasing the potential for resource growth [4][12]. Industry Context - Antimony is increasingly recognized as a critical mineral due to its applications in renewable energy, batteries, and technology, with prices surging from US$11,350 to over US$60,000 per tonne since early 2024 [8][9]. - The supply of antimony is predominantly controlled by China, Russia, and Tajikistan, making it a strategic material amid geopolitical tensions [8][9]. - New Zealand has included antimony in its Critical Mineral List, reflecting its importance in the global supply chain and the heightened demand for alternative sources [9].
AUGUSTA GOLD RECEIVES LETTER OF INTEREST FROM U.S. EXIM BANK FOR UP TO US$50 MILLION IN HIGH QUALITY FINANCING FOR REWARD PROJECT
Prnewswire· 2025-06-16 10:00
Core Viewpoint - Augusta Gold Corp. has received a Letter of Interest from the Export-Import Bank of the United States for up to US$50 million in financing to support the development of its Reward Project in Nevada, highlighting the project's significance for domestic mineral production and economic development [1][3]. Financing Details - The non-binding Letter of Interest outlines EXIM's preliminary interest in providing a competitively priced loan with a potential 10-year repayment term, including an interest-only period [2]. - The financing is intended to cover over 50% of the project construction cost, indicating strong support for the Reward Project [3]. Project Overview - The Reward Project is a fully permitted, construction-ready gold project located in Nye County, Nevada, expected to create high-quality jobs and contribute to the U.S. supply chain of critical minerals [3]. - The project aligns with EXIM's policy goals of job creation and export nexus, with potential backing from state and local governments [2]. Future Collaboration - Augusta Gold aims to work closely with EXIM to finalize terms and bring the Reward Project into production, indicating a commitment to advancing the project [4].
GOLD ROYALTY PUBLISHES 2025 INTEGRATED REPORT AND REMINDS SHAREHOLDERS OF CAPITAL MARKETS DAY
Prnewswire· 2025-06-09 21:00
VANCOUVER, BC, June 9, 2025 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce the release of its inaugural Integrated Report, which consolidates the annually published Asset Handbook and Sustainability Reports into a single comprehensive document.David Garofalo, Chairman and CEO of Gold Royalty commented "Our new Integrated Report combines the previously published Asset Handbook and Sustainability Report to offer a comprehensive overview of Gold ...
NEW GOLD PUBLISHES 2024 SUSTAINABILITY REPORT
Prnewswire· 2025-06-04 13:00
A Decade of Reporting on Sustainability Topics Critical to Communities, Stakeholders, and Our BusinessTORONTO, June 4, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce the publication of its 2024 Sustainability Report. New Gold has published an annual Sustainability Report since 2015, reporting on the sustainability-related material topics that matter most to communities, stakeholders and our business. The 2024 Sustainability Report is av ...
ALLIED GOLD TO COMMENCE TRADING ON THE NEW YORK STOCK EXCHANGE
Prnewswire· 2025-06-02 11:30
Group 1 - Allied Gold Corporation has received approval for its common shares to be listed on the New York Stock Exchange (NYSE), with trading expected to commence on June 9, 2025, under the ticker symbol "AAUC" [1][2] - The NYSE listing is seen as a significant milestone for the company, providing access to a broader investor audience, increased capital sources, improved trading liquidity, and enhanced research coverage from U.S. investment banks [2] - Concurrently, the company's common shares will cease trading on the OTCQX market, and shareholders are not required to take any action [3] Group 2 - Allied Gold operates a diversified portfolio of three producing assets and development projects located in Côte d'Ivoire, Mali, and Ethiopia, aiming to become a mid-tier, next-generation gold producer in Africa and a leading senior global gold producer [4]
GoldMining Updates NI 43-101 Technical Report for the Rea Uranium Project; A Large, Drill Permitted Claim Package in the Western Athabasca Basin, Canada
Prnewswire· 2025-05-28 10:00
Core Viewpoint - The Rea Uranium Project, owned 75% by the Company and 25% by Orano Canada Inc., has received approval for its exploration program, highlighting the growing importance of uranium in clean energy demands and the potential value for shareholders [1][4][7]. Project Overview - The Rea Uranium Project is located in the Athabasca Basin, Alberta, covering approximately 125,328 hectares and consists of 16 mineral permits [5][7]. - The project is strategically positioned near high-grade uranium deposits, including Paladin Energy's Triple R deposit and NexGen Energy's Arrow deposit, which are currently under development [1][7]. Exploration and Development - The Alberta Energy Regulator has authorized the Company's proposed metallic minerals exploration application for the Rea Project [1]. - The project area has seen minimal exploration historically, but recent discoveries in the region have renewed interest and activity [7][10]. - GoldMining has identified 70 kilometers of prospective trends in three distinct corridors for future exploration: Maybelle River, Net Lake, and Keane Lake [11]. Geological Context - The geological structure of the Rea Project is associated with the Maybelle River Corridor, which is projected to extend over an additional 11 kilometers of strike across the northern Rea Project [7]. - The underlying rocks consist of complexly deformed and metamorphosed crystalline basement rocks, which are conducive to uranium mineralization [8]. Historical Context - The Rea Project was acquired by GoldMining in 2013 as part of a larger acquisition of Brazilian gold properties [7][9]. - Historical drilling in the project area has indicated uranium concentrations of up to 48 ppm in the Net Lake corridor and 87 ppm in the Maybelle River corridor [10].
RUA GOLD Reports High-Grade, near Surface Gold Intercepts at Cumberland, Including 1m @ 26.9 g/t Au (within a Broader Intercept of 14m at 3.4 g/t) and 1m @ 16.2 g/t Au, Confirming Continuity of Mineralization at the Gallant Target
Newsfile· 2025-05-27 11:00
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]
PAN GLOBAL INTERSECTS 1.08 G/T GOLD OVER 46 METERS FROM NEAR SURFACE IN FIRST DRILLHOLE AT CÁRMENES PROJECT, SPAIN
Prnewswire· 2025-05-19 06:00
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 ...
INTEGRA REPORTS FIRST QUARTER 2025 RESULTS, DEMONSTRATING CONSISTENT PERFORMANCE FROM FLORIDA CANYON GOLD MINE AND GROWING CASH POSITION
Prnewswire· 2025-05-14 22:14
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]