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Sun Summit Commences Drilling and Provides Exploration Update from the JD Project in BC's Toodoggone District
Newsfile· 2025-07-14 11:00
Sun Summit Commences Drilling and Provides Exploration Update from the JD Project in BC's Toodoggone DistrictJuly 14, 2025 7:00 AM EDT | Source: Sun Summit Minerals Corp.Vancouver, British Columbia--(Newsfile Corp. - July 14, 2025) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) ("Sun Summit" or the "Company") is pleased to provide an update from its ongoing project-wide exploration program at the JD Project, Toodoggone Mining District, north-central British Columbia (the "JD Project"). ...
Kuya Silver Announces AGM Results and Appointment of Three New Directors
Newsfile· 2025-06-30 12:00
Core Points - Kuya Silver Corporation held its Annual General and Special Meeting of Shareholders on June 26, 2025, where all proposed matters were approved, including the appointment of new directors and the auditor [1][2] - The company welcomed three new independent directors: Gene McBurney, Lisa Wilkinson, and Sandro Ferrarone, enhancing the board's expertise in mining operations and corporate governance [3][8] - The company operates the Bethania silver mine in Peru and is focused on developing district-scale silver projects in mining-friendly jurisdictions [9] Summary by Category Shareholder Meeting Results - All matters put forward to shareholders were approved, including the appointment of Davidson & Company LLP as the auditor until the next annual meeting [2] - Shareholders ratified the 10% rolling equity incentive plan, which requires re-approval by June 27, 2028 [2] New Directors - Gene McBurney has over 25 years of investment banking experience and co-founded GMP Securities, contributing significant expertise in resource sectors [4] - Lisa Wilkinson has over 20 years in investor relations and corporate communications, currently serving as Vice President at Centerra Gold [5] - Sandro Ferrarone is Vice President and Country Manager for Coeur Mining in Mexico, with extensive international mining experience [6] Company Overview - Kuya Silver is a Canadian-based mining company focused on silver, operating the Bethania silver mine in Peru [9]
North Bay Resources Announces Continuous Operations at Bishop Gold Mill, California; Exploration and Development at Fran Gold Project
Globenewswire· 2025-06-25 13:30
BISHOP, Calif., June 25, 2025 (GLOBE NEWSWIRE) -- North Bay Resources, Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce continuous operation at the Company’s Bishop California Gold Mill has been achieved. Upon significant upgrades in April and May the Company has successfully operated the Mill continuously up to 9 hours per day and completed processing of all remaining stockpiles of gold ore. This has resulted in a shipment to the Company’s refinery partner of 543 lbs. of gold concentr ...
North Bay Resources Announces April Gold Concentrate Sales and Mobilization at Fran Gold Project, British Columbia
Globenewswire· 2025-05-28 13:23
Core Viewpoint - North Bay Resources, Inc. has successfully completed the final acceptance and settlement of its gold concentrate test shipments from the Fran Gold Project, indicating progress in its operations and potential for increased production capacity [1]. Shipment Results - The total weight of gold concentrate shipments in April 2025 was 667 wet pounds, with shipments 2 and 3 processed at the Bishop Gold Mill [5]. - Shipment 2 had a dry weight of 222 pounds, with an average recovered grade of 0.08 ounces per ton, resulting in a per ton value of $260 [6]. - Shipment 3 had a dry weight of 318 pounds, with an average recovered grade of 0.11 ounces per ton, resulting in a per ton value of $360 [6]. Operational Improvements - Upgrades to the raker/classifier during April improved consistency and reduced material size, leading to better recovery rates in shipment 3, which was within 10% of shipment 1 [6]. - The implementation of a drying circuit reduced moisture content by 60% from 16.20% in shipment 2 to 7.15% in shipment 3 [6]. Future Production Plans - The company aims to ramp up production to 100 tons per week in the short term and achieve full commercial production of 100 tons per day thereafter [6]. - A finalized flotation circuit design includes an additional mixing tank to enhance gold recovery through improved reagent addition [7]. Fran Gold Project Development - Mobilization for further development at the Fran Gold Project is set to begin in early June, focusing on exploration and preparation for additional ore shipments [8]. - The company plans to implement grade control on stockpiles to maximize head grade at the mill and ensure continuous throughput [8]. Resource Estimates - The current resource estimate for the Bullion Alley - Main Zone is approximately 20,035,146 tonnes at an average grade of 0.50 grams per tonne, totaling 323,170 troy ounces [10]. - The Bullion Alley - Main Zone combined with the East Extension has a total resource of 43,797,234 tonnes at an average grade of 0.34 grams per tonne, totaling 474,001 troy ounces [11]. Economic Considerations - Using a gold price of $3,100 per ounce, the gross value in the Main Zone is estimated at $50 per tonne, with mining costs at the nearby Blackwater Gold Mine at $9 per tonne processed [12]. - The company is consulting with mine engineering firms regarding detailed economics and mine planning for the bulk tonnage deposit [12]. Geological Insights - Past exploration has revealed large intercepts of mixed vein and disseminated gold, with the deposit area identified to exceed 1000m x 100m x 300m [13]. - The Fran Gold Project is strategically located near significant mining operations, including Centerra Gold's Mt. Milligan Project and Artemis Gold's Blackwater Mine, which enhances its potential for resource development [13].
North Bay Resources Announces Resource Estimate of 474,000 ounces at Fran Gold Project, British Columbia
Globenewswire· 2025-05-13 13:53
BISHOP, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- North Bay Resources, Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce a resource estimate (non-NI 43-101) for the Bullion Alley Zone at the Company’s Fran Gold Project. The preliminary resource estimate was completed by the Company using Leapfrog Geo + Edge 3D modelling software and diamond drilling data from 2001, 2005, 2006, 2012, and 2018 totaling 18,000 meters (55,000 feet) in 104 holes utilizing block model, with no cut-off: Diagra ...
Hi-View Resources Acquires Additional Claims Contagious to Lawyers East Block in the Toodoggone District
Globenewswire· 2025-05-13 07:01
Core Viewpoint - Hi-View Resources Inc. has acquired a 100% interest in 613.24 hectares of contiguous claims near significant drilling discoveries by Amarc Resources and Freeport-McMoRan in the Toodoggone region of British Columbia, indicating potential for high-grade mineralization [1][2]. Company Developments - The acquisition was made through the issuance of 600,000 common shares and a cash payment of $1,073.16 to three arm's length vendors [5]. - Hi-View's management emphasizes the untapped potential of its land package, which includes historic drilling sites and underexplored areas, setting the stage for upcoming exploration activities [2][6]. Industry Context - The Toodoggone Region is recognized as one of Canada's premier mining districts, with recent discoveries enhancing its reputation [2]. - Amarc Resources' AuRORA discovery is highlighted as potentially the highest-grade porphyry find in British Columbia to date, attracting significant investments and interest in the area [2]. - Other companies, such as Thesis Gold and Skeena Resources, are also making strategic moves in the region, indicating a competitive and active mining environment [2].
North Bay Resources Announces Gold Concentrate Shipment, Advancement of Flotation Circuit at Bishop Gold Mill California
Globenewswire· 2025-05-02 13:29
Core Insights - North Bay Resources, Inc. has successfully delivered 344 lbs of gold concentrate to Just Refiners, indicating progress in its operations and processing capabilities [1] - The concentrate is derived from approximately 15 tons of gross ore processed at the Bishop Gold Mill, showcasing the company's production capacity [1] - Recent upgrades to the milling equipment aim to optimize the recovery process, targeting a finer grind of minus 150 mesh [1][3] Flotation Circuit Optimization - The company is currently testing and optimizing the flotation circuit at the Bishop Gold Mill, focusing on the titration of five reagents used in the flotation process [2] - A decision is pending on whether to stage the addition of reagents or combine them in a single conditioning tank, which will impact the efficiency of the flotation process [3] - Previous metallurgy work suggests that a combined gravity and flotation circuit could achieve a recovery rate of 97% with Fran Gold ore [3] Fran Gold Project Developments - Data re-compilation from 104 drill holes at the Fran Gold Project is ongoing, utilizing Leapfrog 3D modeling for resource estimation [5] - A recent discovery of a bulk tonnage gold deposit at Fran includes 149m of 0.9 grams per tonne, prompting a re-evaluation of the deposit's potential [5] - Historical exploration has revealed significant intercepts of gold, with the deposit area exceeding 1000m x 100m x 300m, indicating substantial resource potential [6]
North Bay Resources Announces First Gold Concentrate Settlement and up to 160m (525 ft.) @ 0.6 g/t Au, including 76m (249 ft.) @ 1.1 g/t Au, Fran Gold Project, British Columbia
Globenewswire· 2025-04-07 13:17
Core Viewpoint - North Bay Resources, Inc. has successfully completed its first gold concentrate sale from the Fran Gold Project, indicating progress in its operations and potential for increased recovery and profitability in the future [1][3]. Gold Sale and Refinery Settlement - The first gold concentrate sale involved approximately 10 tons of gross ore processed, with a net payment of $3,981.83, translating to about $400 per ton [2][3]. - The concentrate assay showed gold content of 1.401 ounces and silver content of 0.658 ounces, with gold priced at $3,119.75 per ounce and silver at $33.87 per ounce as of April 2, 2025 [2]. Operational Enhancements - The company plans to implement a flotation circuit, expected to increase recovery by up to 100%, potentially raising the value per ton to $800 [3]. - Transportation costs for recent shipments were approximately $300 per ton, projected to decrease to $200 per ton due to a new rail siding operational since March 31, 2025 [3]. - Direct operating costs are estimated at $35 per ton, with tariffs expected to be $25 per ton or less [3]. Ore Processing and Stockpiling - Currently, 75 tons of ore are stockpiled at the Bishop Gold Mill, with an additional 5,000 tons at the project site [4]. - The focus of optimization is on the flotation circuit, with all necessary reagents available and testing underway [4][5]. Fran Gold Project Developments - Recent data re-compilation has revealed a bulk tonnage gold deposit at Fran, with a 3D model indicating significant potential for further exploration [6]. - The deposit model shows a near-surface aspect verified by extensive surface trenching, with ongoing re-analysis of historic drill holes [6][7]. Drill Hole Data - Significant drill intercepts have been recorded, with grades ranging from 0.3 to 2.7 grams per tonne across various holes [8][11]. - The Fran Gold Project is strategically located near major mining operations, enhancing its potential for development [11].
Real Asset Acquisition Corp Unit(RAAQU) - Prospectus
2025-02-07 21:45
As filed with the U.S. Securities and Exchange Commission on February 7, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ Real Asset Acquisition Corp. (Exact name of registrant as specified in its charter) _____________________________________ | Cayman Islands | 6770 | N/A | | --- | --- | --- | | (State or other jurisd ...