Kinross Gold Corporation
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$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 ...
CONTANGO ORE, INC. ANNOUNCES FILING AND MAILING OF SPECIAL MEETING PROXY STATEMENT IN CONNECTION WITH THE PROPOSED PLAN OF ARRANGEMENT WITH DOLLY VARDEN
Prnewswire· 2026-02-23 13:00
Core Viewpoint - Contango ORE, Inc. has filed a definitive proxy statement and related materials for a special meeting to vote on a proposed plan of arrangement with Dolly Varden Silver Corporation, which includes significant changes to share structure and management [1][2]. Meeting Details - The special meeting for Contango stockholders is scheduled for March 17, 2026, at 12:00 P.M. Central Time, to discuss three key proposals: the 2026 Omnibus Incentive Plan, an increase in authorized shares from 45 million to 250 million, and the issuance of common stock to Dolly Varden shareholders [1][2]. Arrangement Proposal - Under the arrangement, Dolly Varden shares will be exchanged at a ratio of 0.1652 of a share of Contango common stock, with the arrangement being executed through a court-approved plan under British Columbia's Business Corporations Act [1][2]. Reasons for the Arrangement - The Contango Board, after consulting with management and advisors, believes the arrangement is in the best interests of stockholders, citing factors such as a fairness opinion from Canaccord Genuity, the fixed exchange ratio, and the potential for enhanced market capitalization and institutional ownership [1][2]. Board Recommendation - The Contango Board unanimously recommends that stockholders vote "FOR" all proposals related to the arrangement, share increase, and incentive plan [2]. Voting Support Agreements - Voting support agreements have been secured from directors, officers, and significant stockholders, representing approximately 22% of the outstanding shares of Contango, who have committed to vote in favor of the arrangement [2]. Company Overview - Contango ORE, Inc. is engaged in the exploration and development of gold and associated minerals in Alaska, holding interests in several projects including the Peak Gold JV and the Johnson Tract project [2].
Contango Webinar Scheduled for Thursday February 12, 2026
Prnewswire· 2026-02-12 15:07
Core Viewpoint - Contango ORE, Inc. is hosting a conference call and webcast on February 12, 2026, to discuss recent financing aimed at reducing the Company's hedge book [1] Company Overview - Contango ORE, Inc. is listed on NYSE American under the ticker CTGO and focuses on the exploration and development of gold and associated minerals in Alaska [1] - The Company holds a 30% interest in Peak Gold, LLC, which leases approximately 675,000 acres for exploration and development on the Manh Choh project, with the remaining 70% owned by KG Mining (Alaska), Inc., a subsidiary of Kinross Gold Corporation [1] - Contango also has leases on the Johnson Tract project and the Lucky Shot project, along with 100% interests in approximately 145,280 acres and 11,711 acres of State of Alaska mining claims through its wholly owned subsidiaries [1] Financing Details - The conference call will discuss the recent financing, which is intended to reduce the Company's hedge book [1]
Contango Ore Closes $50 Million Underwritten Offering of Common Stock and Pre-funded Warrants
Prnewswire· 2026-02-12 15:05
Core Viewpoint - Contango ORE, Inc. has successfully closed a $50 million underwritten offering of common stock and pre-funded warrants, aimed at financing strategic initiatives including the buyback of gold hedge contracts and general corporate purposes [1][2]. Group 1: Offering Details - The offering consisted of 1,678,206 shares priced at $24.96 each and included pre-funded warrants for 325,000 shares at $24.95 each, resulting in aggregate gross proceeds of approximately $50 million before expenses [1]. - The company plans to allocate around $45 million of the net proceeds to repurchase gold hedge contracts and approximately $700,000 for gold put contracts to provide downside protection [1]. Group 2: Company Background - Contango ORE is engaged in the exploration and development of gold and associated minerals in Alaska, holding a 30% interest in Peak Gold, LLC, which manages approximately 675,000 acres for exploration [1]. - The company also has leases on multiple projects, including the Johnson Tract and Lucky Shot projects, and holds interests in additional mining claims in Alaska [1].
Contango Ore Announces $50 Million Underwritten Offering of Common Stock and Pre-funded Warrants
Prnewswire· 2026-02-11 13:36
Core Viewpoint - Contango ORE, Inc. has announced a $50 million underwritten offering of common stock and pre-funded warrants to institutional investors, with the intention to utilize the proceeds primarily for buying back gold hedge contracts and for general corporate purposes [1]. Group 1: Offering Details - The offering consists of 1,678,206 shares priced at $24.96 each and 325,000 pre-funded warrants priced at $24.95 each, leading to aggregate gross proceeds of approximately $50 million before expenses [1]. - The closing of the offering is expected on or about February 12, 2026, pending customary closing conditions [1]. - Canaccord Genuity is acting as the Sole Bookrunner for the offering, which is made under an effective shelf registration statement previously filed with the SEC [1]. Group 2: Use of Proceeds - Approximately $45 million of the net proceeds will be allocated to buy back gold hedge contracts, while around $700,000 will be used to purchase gold put contracts for downside protection [1]. - Remaining proceeds will be directed towards general corporate purposes, including working capital [1]. Group 3: Company Background - Contango ORE is engaged in the exploration and development of gold and associated minerals in Alaska, holding a 30% interest in Peak Gold, LLC, which leases approximately 675,000 acres for exploration [1]. - The company also has leases on multiple projects, including the Johnson Tract and Lucky Shot projects, and holds interests in various mining claims in Alaska [1].
[Video Enhanced] Dolly Varden Silver Discovers Torbrit-style Mineralization at Shallow Depth across the Central Valley Fault
Thenewswire· 2026-01-26 17:15
Core Insights - Dolly Varden Silver has completed 32 drill holes at the Wolf Vein, with significant silver price increases contributing to heightened interest in the company [1][6] - Silver is currently trading at US$110 per ounce, while gold has reached a record price of US$5,050 per ounce, indicating strong demand for precious metals [1][2] Company Developments - The 2025 drill program included infill and vertical extension drilling, with new mineralization discovered that is similar to the Torbrit Deposit [2][3] - Directional drilling technology has been employed to optimize drilling efficiency, allowing for multiple uses of the same mother hole [7][8] - Significant silver intercepts include 467 g/t over 15.32 meters and 518 g/t over 0.52 meters, indicating high-grade mineralization [8][9] Merger and Strategic Rationale - Dolly Varden announced a proposed merger with Contango, which holds a 30% interest in the Manh Choh Gold Project, enhancing the combined company's asset portfolio [10][14] - The merger aims to create a North American-focused multi-stage silver and gold company, with a combined market capitalization of approximately US$812 million (C$1.1 billion) [16][17] - The transaction is supported by significant shareholders, representing approximately 22% of the outstanding shares of both companies [17] Future Outlook - The merger is expected to extend Contango's five-year plan into a 20-year development and exploration strategy, leveraging Dolly Varden's high-grade mineral inventory [18][19] - The collaboration is anticipated to enhance exploration and development opportunities across Alaska and Northwest British Columbia [19][20]
Kinross Gold Corporation (K:CA) Discusses U.S. Project Updates Including Round Mountain Phase X, Kettle River-Curlew and Bald Mountain Redbird 2 Transcript
Seeking Alpha· 2026-01-15 18:16
Core Viewpoint - Kinross Gold is conducting a virtual conference call to provide updates on its U.S. projects for the first quarter of 2026, highlighting ongoing developments and future plans [1]. Group 1: Company Overview - The conference is led by David Shaver, Senior Vice President of Investor Relations & Communications, who emphasizes the forward-looking nature of the statements to be made [2]. - The presentation will include an introduction by Paul Rollinson, CEO, followed by updates from Will Dunford, Senior Vice President and Chief Technical Officer, and the technical team [3]. Group 2: Project Updates - The updates will cover individual projects including Round Mountain Phase X, Kettle River, Curlew, and Bald Mountain Redbird, indicating a focus on specific operational advancements [3].
Adamera Reports Multiple Drill-Ready Gold-Silver-Copper Targets in Established Mining Districts of B.C. and Washington State
Thenewswire· 2026-01-13 17:50
Core Viewpoint - Adamera Minerals Corp. is focused on advancing its exploration projects in 2026, with plans to finalize permitting and initiate drilling on at least five gold-copper-silver targets within its extensive land package in British Columbia and Washington State [1][2][19] Company Strategy - The company has adopted a disciplined exploration strategy over the past decade, emphasizing low-cost field work programs to refine high-quality drill targets in proven mining districts [2][3] - In 2026, the focus will shift towards advanced drilling stages, with drilling expected to commence by mid-year [2][19] Project Highlights - Adamera's portfolio includes multiple potential discoveries in historic mining districts, with a mix of gold, silver, copper, and tungsten targets that are well-positioned in the current commodity cycle [3][18] - The Buckhorn 2.0 Project, surrounding the former Buckhorn Gold Mine, has identified over 30 drill targets with significant gold and copper-silver potential [5][7] - The South Hedley Project in British Columbia has a land position of over 19,000 hectares and is considered a new discovery stage area with multiple drill-ready targets [11][12][16] Washington State Portfolio - The projects in Washington State are located in historic mining districts with established infrastructure, providing a development advantage due to proximity to Kinross Gold's treatment facility [4][18] - The Buckhorn 2.0 Project has a strong geological framework and significant copper-silver potential, with historic drill results indicating high-grade mineralization [5][7] Key Prospects - The Max Prospect has shown promising results with soil samples returning up to 1.61 g/t gold and associated copper anomalies [14] - The Glix Prospect has identified gold values up to 4.3 g/t, indicating a strong potential for further exploration [15] - The Empire Creek project has confirmed high-grade mineralization with historic drill intercepts exceeding 10 g/t gold and 100 g/t silver [9] 2026 Outlook - The company plans to advance a pipeline of drill-ready targets across multiple properties, with funding expected from equity financing and potential joint ventures [17][19] - Strengthened gold and silver prices, along with long-term demand for copper and strategic interest in tungsten, enhance the appeal of Adamera's asset mix [18]
Response to Media Article Regarding Pakistani Antimony Concentrate
Globenewswire· 2026-01-05 11:30
Core Viewpoint - Nova Minerals Limited is exploring the potential acquisition of antimony in Pakistan, with preliminary discussions ongoing, but all arrangements remain exploratory at this stage [1][2]. Group 1: Company Overview - Nova Minerals Limited is focused on advancing the Estelle Gold and Critical Minerals Project in Alaska, which includes multiple mining complexes and over 20 advanced gold and antimony prospects [4]. - The Estelle Project covers 514 km of mining claims and is located in the Tintina Gold Belt, known for its significant gold and antimony deposits [4]. - The project is 85% owned by the company and is situated 150 km northwest of Anchorage, Alaska [4]. Group 2: Financial and Operational Highlights - In 2026, the company aims to complete the Feasibility Study for its gold assets and begin production of military-grade antimony trisulfide, supported by a US$43.4 million award from the U.S. Department of Defense [3].
Puma Exploration Closes Kinross $2M Private Placement
TMX Newsfile· 2025-12-24 19:00
Core Viewpoint - Puma Exploration Inc. has successfully closed a private placement with Kinross Gold Corporation, increasing Kinross's ownership stake in Puma from 9.1% to 14.8% on an undiluted basis and 17.4% on a partially diluted basis [2]. Group 1: Private Placement Details - Kinross subscribed to 12,500,000 units of Puma at a price of $0.16 per unit, raising total proceeds of $2,000,000 [2]. - Each unit consists of one common share and one-half common share purchase warrant, with each warrant exercisable at $0.25 per share until December 24, 2027 [3]. - The warrants include an acceleration clause that allows Puma to notify holders of an early expiration if the share price exceeds $0.40 for 30 consecutive trading days [3]. Group 2: Use of Proceeds - The funds raised will be utilized to support exploration activities on Puma's projects that are not optioned to Kinross, as well as for general corporate and working capital needs [4]. Group 3: Kinross's Investment Position - Following the investment, Kinross holds 29,550,577 common shares and 6,250,000 warrants of Puma [5]. - Kinross retains the right to participate in future equity financings to maintain or increase its ownership percentage up to 19.9% of Puma's total issued and outstanding common shares [5]. Group 4: Puma's Exploration Assets - Puma has a portfolio of gold landholdings in Northern New Brunswick, including the Williams Brook Project and the McKenzie Gold Project, both located near significant geological structures [8]. - The company has focused its exploration efforts on the Williams Brook property, which has shown potential for significant gold mineralization [8]. Group 5: Company Background - Puma Exploration is a Canadian mineral exploration company with over 15 years of experience in Northern New Brunswick, focusing on precious metals projects [9]. - The company employs a successful exploration methodology that combines traditional prospecting with advanced technologies, including Artificial Intelligence, to enhance its exploration efforts [10].