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Azimut Reports AGM Results and Provides Drilling Update
Globenewswire· 2026-03-02 11:30
LONGUEUIL, Quebec, March 02, 2026 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV:AZM) (OTCQX:AZMTF) is pleased to announce the voting results for its Annual General Meeting (the “AGM”) of shareholders held February 26, 2026. A total of 68,381,133 shares were voted in person or by proxy at the AGM, corresponding to 67.95% of the issued and outstanding shares of the Company. Shareholders approved all matters presented at the AGM as follows: Votes For% ForVote Withheld% Withheld ...
$42,000 in Gold Hidden in Toronto as Sixth Bonus Treasure in The Great Canadian Treasure Hunt Is Released
TMX Newsfile· 2026-02-26 15:42
Toronto, Ontario--(Newsfile Corp. - February 26, 2026) - EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF) (FSE: 8EK0). With the grand prize now valued at ~$1.5 million, The Great Canadian Treasure Hunt is excited to announce the next regional bonus prize. Organized by The Northern Miner, the treasure hunt continues to attract dedicated hunters and weekend warriors alike. Six one-ounce gold coins valued at over $42,000 will be claimed by a hunter, or hunters, in Toronto, Ontario – the global hub of mining finance ...
Azimut and KGHM Expand the High-Grade Nickel-PGE Perseus Zone, Kukamas Property, James Bay Region, Quebec
Globenewswire· 2026-02-26 11:30
Core Viewpoint - Azimut Exploration Inc. has announced positive results from its 2025 diamond drilling program on the Kukamas Property, indicating significant nickel and platinum group element (PGE) mineralization, which enhances the property's exploration potential [2][3]. Drilling Program Results - The 2025 drilling program included 14 holes totaling 3,803.8 meters, aimed at expanding nickel-PGE sulphide mineralization in the Perseus Zone and testing new targets along a 1.6-kilometer komatiite trend [4]. - Notable drilling highlights include: - Hole KUK25-010: 1.41% Ni, 0.85 g/t PGE over 15.25 m [6] - Hole KUK25-012: 1.77% Ni, 1.04 g/t PGE over 7.5 m [6] - Hole KUK25-013: 4.27% Ni, 2.63 g/t PGE over 8.6 m [6] Property and Joint Venture Details - KGHM International Ltd has acquired a 50% interest in the Kukamas Property and has opted to enter a second phase to earn an additional 20% interest through further funding [3][18]. - The Kukamas Property spans 41 kilometers with a total area of 337.8 square kilometers, benefiting from significant infrastructure [12]. Geological Context - The Perseus Main Zone is characterized by high nickel content and is defined over a strike extent of 135 meters and a vertical depth of 100 meters [7]. - The geological context suggests substantial exploration potential for additional mineralized zones, with similarities to Kambalda-type deposits known for high-grade nickel [10][11]. Future Plans - A 2026 work program is being prepared, with details to be announced soon, indicating ongoing exploration efforts [3].
Emergent Metals Corp. Reports Positive Drill Results From West Santa Fe, NV
Thenewswire· 2026-02-23 12:30
Core Insights - Emergent Metals Corp. announced that Lahontan Gold Corp. has reported initial assay results from its 2025 drilling program at Emergent's West Santa Fe Property, indicating potential for gold and silver mineralization [1][2] Group 1: Drilling Program and Results - Lahontan has completed three of six reverse circulation holes totaling 593 meters at the West Santa Fe Property, which is located approximately 13 km from Lahontan's flagship Santa Fe Mine Project [1][2] - The first assay results show various intervals of gold and silver mineralization, with notable findings including 0.39 g/t Au and 38.4 g/t Ag over 48.8 meters in hole WSF25-02R [3][4] - The exploration database includes 171 drill holes totaling about 13,000 meters, with historic drilling conducted in the 1980s and 1990s, marking the first modern drilling since then [2][4] Group 2: Geological and Mineralization Insights - Gold and silver mineralization at West Santa Fe is hosted by limestone of the Triassic Pamlico Formation, characterized by iron oxides and minor quartz veining [5] - The mineralization has a surface expression of 500 meters by 350 meters, with thickness varying from 35 meters to almost 60 meters, and additional drilling sites permitted around this central zone [6] Group 3: Investor Relations and Marketing - Emergent has entered into an agreement with Winning Media LLC for investor relations and digital marketing services, aimed at increasing market awareness of the Company [8][9] - The agreement includes a total cash fee of US$100,000 for a three-month term, contingent upon acceptance by the TSX Venture Exchange [9][10] Group 4: Company Overview - Emergent is focused on gold and base metal exploration in Nevada and Quebec, with a strategy to acquire quality assets and monetize them through various transactions [11][12] - The Company has several properties, including the advanced-stage Golden Arrow Property and the West Santa Fe Property, which is subject to a Lease with an Option to Purchase Agreement with Lahontan Gold Corporation [13]
Will Rising Gold Production Support Allied Gold's Performance in 2026?
ZACKS· 2026-02-20 17:56
Core Insights - Allied Gold Corporation (AAUC) achieved a record gold output in Q4 2025, producing 117,004 ounces, leading to a total production of 379,081 ounces for the year, exceeding its guidance of 375,000 ounces [1][7] - The increase in production was attributed to higher ore grades and increased ore mined at operating mines [1] - For 2026, AAUC anticipates gold production between 385,000 and 425,000 ounces, with the Kurmuk Project expected to contribute an additional 100,000 to 150,000 ounces, raising total guidance for 2026 to 485,000 to 575,000 ounces [3][7] Production Details - Q4 2025 gold production was 34% higher than the average of the first three quarters of the year [2] - Specific contributions included 57,191 ounces from Sadiola mines, 33,279 ounces from Bonikro mine, and 26,534 ounces from Agbaou, all benefiting from improved ore quality [2] Peer Comparison - Barrick Mining Corporation produced 3.26 million ounces of gold in 2025, with total revenues of approximately $16.9 billion [4] - Agnico Eagle Mines Limited's payable gold production was 3,447,367 ounces, with production costs per ounce at $965 and all-in sustaining costs at $1,339 [5] Valuation and Performance - AAUC shares increased by 92.5% over the past three months, outperforming the industry growth of 39.1% [6] - The company is currently trading at a forward price-to-earnings ratio of 4.58X, significantly below the industry average of 14.3X [9] - The Zacks Consensus Estimate for AAUC's 2026 earnings has risen by 5.8% in the last 60 days [10]
Osisko Gold Royalties(OR) - 2025 Q4 - Earnings Call Presentation
2026-02-19 15:00
Q4 & FULL YEAR 2025 RESULTS February 19, 2026 ORroyalties.com TSX-NYSE | OR Amounts presented are in United States Dollars, except where otherwise noted CAUTIONARY STATEMENTS FORWARD-LOOKING STATEMENTS Certain statements contained in this presentation may be deemed "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking statements a ...
White Gold Corp. Recognized as a Top 50 TSX Venture Company
TMX Newsfile· 2026-02-19 12:00
Core Insights - White Gold Corp. has been recognized as one of the top-performing companies for 2025 on the TSX Venture Exchange, ranking among the TSX Venture 50TM [1][2] Company Highlights - The company owns a portfolio of 15,362 quartz claims across 21 properties, covering 305,102 hectares (3,051 km²), representing approximately 40% of the Yukon's White Gold District [7][12] - The flagship White Gold project contains an estimated 1,732,300 ounces of gold in indicated resources (35.2 million tonnes grading 1.53 grams per tonne) and 1,265,900 ounces in inferred resources (32.2 million tonnes grading 1.22 g/t) [7][12] - Significant expansion potential exists for the resources and surrounding areas, with ongoing regional exploration yielding new discoveries and prospective targets [12] Upcoming Catalysts and Milestones - The company plans to deliver its maiden Preliminary Economic Assessment in the first half of 2026 [3][12] - A spinout of critical mineral assets is underway to create a new publicly listed exploration company focused on critical minerals, with shares to be distributed to existing shareholders [12] - The 2026 exploration program is anticipated to be the largest in the company's history, aimed at increasing the size of the high-grade gold resource and discovering new gold and critical mineral deposits [12]
Azimut Completes Galinée Property Transaction with LiFT Power, James Bay Region, Quebec
Globenewswire· 2026-02-18 08:15
Core Viewpoint - Azimut Exploration Inc. has completed the sale of its 50% interest in the Galinée Property to LiFT Power Ltd., receiving a total consideration of approximately $13.4 million, which includes common shares and a deferred payment [2][3]. Group 1: Acquisition Details - LiFT Power acquired Azimut's interest by issuing 2,000,000 common shares and granting Azimut a 1.4% NSR royalty on the Galinée Property [2]. - Azimut is entitled to a deferred payment of $1,500,000, which can be paid in cash or common shares of LiFT, contingent on specific terms [2]. Group 2: Azimut's Current Holdings - Azimut now holds equity interests valued at approximately $15 million in various companies and has generated royalty interests on three lithium properties [3]. - The royalty interests include a 2% NSR on the JBN-57 claim block and a 1% NSR on the Pikwa Property, both associated with PMET Resources' Shaakichiuwaanaan project [3]. Group 3: Strategic Focus - The transactions align with Azimut's strategy to concentrate on its flagship properties, Elmer and Wabamisk, with significant drill programs planned for early 2026 [4]. - The company has announced a total of at least 17,000 meters of drilling, including ongoing and upcoming programs at various zones within its properties [4]. Group 4: Company Overview - Azimut is recognized for its extensive mineral project portfolio in Quebec, focusing on gold, copper, nickel, and lithium [6]. - The company employs a pioneering approach using big data analytics through its proprietary AZtechMine™ expert system, enhancing its exploration capabilities [6].
Maple Gold Announces Closing of Oversubscribed Concurrent Offerings for Gross Proceeds of $16 Million
TMX Newsfile· 2026-02-17 21:30
Core Viewpoint - Maple Gold Mines Ltd. successfully closed two oversubscribed private placement offerings, raising a total of $15,000,085 to support exploration activities at its Douay/Joutel Gold Project in Quebec, Canada [1][2][4]. Group 1: Offering Details - The LIFE Offering generated gross proceeds of $11,985,000 through the issuance of 3,525,000 flow-through common shares at a price of $3.40 per share [1]. - The Concurrent Private Placement raised $4,015,085, issuing 1,070,960 flow-through shares and 152,580 common shares at a price of $2.45 per common share [2]. - The total gross proceeds from both offerings amount to $15,000,085, indicating strong investor interest and confidence in the company [1][2]. Group 2: Shareholder Participation - Agnico Eagle Mines Limited acquired 662,780 common shares, maintaining a pro rata ownership interest of approximately 13.7% [3]. - Strategic investor Michael Gentile and institutional investor Franklin Templeton retained ownership interests of approximately 8.4% and 9.5%, respectively, following their participation in the offerings [3]. - Members of Maple Gold's management and board purchased a total of 96,700 common shares, aligning their interests with shareholders [3][9]. Group 3: Use of Proceeds - The company plans to use the gross proceeds from the sale of flow-through shares to incur eligible Canadian exploration expenses related to its projects, with a commitment to renounce these expenditures to subscribers by specified deadlines [6]. - Net proceeds from the sale of common shares will be allocated for general and administrative expenses and working capital over the next 12 months [6]. Group 4: Company Overview - Maple Gold Mines Ltd. is focused on advancing its 100%-owned Douay/Joutel Gold Project, which spans approximately 481 square kilometers in Quebec's Abitibi Greenstone Gold Belt [10]. - The project has significant resource expansion potential and includes historical mining sites, with ongoing exploration aimed at establishing a new gold district [11].
Midland Provides an Overview of Its 2026 Exploration Activities for Its Gold and Copper-Gold Projects, Including Those with Its Partners
Globenewswire· 2026-02-12 12:30
Core Viewpoint - Midland Exploration Inc. is advancing its gold and copper-gold exploration activities in Quebec for 2026, focusing on several projects in partnership with major companies, with a planned exploration budget exceeding $12 million [4][36]. Exploration Activities - Midland's exploration budget for 2026 is over $12 million, with $9.5 million from Midland and $2.5 million from partners, and nearly 15,000 meters of drilling planned [4]. - The company is collaborating with major partners such as BHP, Rio Tinto, Barrick Gold, and Agnico Eagle to advance multiple projects [4]. Project Highlights - **Jouvex Project**: Located 10 kilometers northwest of the Douay gold deposit, showing potential for volcanic massive sulfide-type mineralization based on historical drilling data and drone-supported magnetic surveys [6]. - **Casault Project**: In partnership with Wallbridge, this project has identified gold-in-till anomalies and new exploration targets along the Sunday Lake Deformation Zone, with a planned drilling campaign of 3,000 meters in 2026 [9][12]. - **La Peltrie Project**: A joint venture with Probe, this project has extended known Cu-Au-Ag-Mo mineralization and completed extensive soil sampling programs [13][14]. - **Caniapisc Au Project**: Located in the Ashuanipi Subprovince, this project confirmed historical gold anomalies and identified several mineralized boulders during exploration [22][23]. - **Lac Bernard and Viau Projects**: New projects identified based on regional studies, with lake bottom sediment sampling confirming several Cu and Au anomalies [25][26]. - **Willbob Project**: Acquired 100% interest in the Kan project, expanding exploration rights and identifying gold mineralization in altered iron formations [27][28]. - **Nachicapau Project**: A strategic alliance with SOQUEM has identified several Cu-Au-Ag mineralized zones, with ongoing exploration to determine the extent of mineralization [29][31]. - **Malaco Mountain Project**: This project has discovered Cu-Au-REE mineralization, with follow-up exploration planned for 2026 [32][33]. Strategic Partnerships - Midland emphasizes partnerships with reputable companies to enhance exploration efforts and generate shareholder value, indicating a preference for collaborative projects [36].