Mineral Resource Estimate
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SONORO ANNOUNCES UPDATED MINERAL RESOURCE ESTIMATE AND ROBUST UPDATED PEA FOR CERRO CALICHE GOLD PROJECT: AFTER-TAX NPV OF USD $224 MILLION AND AFTER-TAX IRR OF 50%
Globenewswire· 2026-02-28 13:00
Core Viewpoint - Sonoro Gold Corp. has announced an updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) for its Cerro Caliche gold project, indicating significant potential for a viable mining operation over a ten-year life of mine with increased production rates and favorable economic metrics [1][5]. Updated PEA Highlights - The PEA is based on a base case gold price of $3,500/oz and silver price of $48/oz, showing a pre-tax net present value (NPV8) of $360 million and an internal rate of return (IRR) of 65% [4][13]. - At spot prices of $5,186/oz gold and $88/oz silver, the pre-tax NPV8 increases to $846 million with an IRR of 121% [6][13]. - The project has a gold recovery rate of 72% and a silver recovery rate of 27%, with a total of 459,000 ounces of gold equivalent expected over the life of the mine [6][15]. Mineral Resource Estimate - The updated MRE includes 51,752 k tonnes classified as Measured and Indicated resources, with an average gold grade of 0.37 g/t and silver grade of 3.7 g/t [11]. - Inferred resources are estimated at 8,801 k tonnes with a gold grade of 0.33 g/t [11]. Economic Parameters - Initial capital expenditures (CAPEX) are estimated at $83 million, with sustaining capital costs of $26 million [6][18]. - The cash operating costs are projected at $1,842 per gold equivalent ounce, with all-in sustaining costs (AISC) at $1,902 per ounce [6][30]. Mining and Processing - The mining operation will utilize an open pit, heap leach method, with an initial production rate of 12,000 tonnes per day ramping up to 16,000 tonnes per day [1][18]. - The total tonnes processed over the life of the mine is estimated at 52.8 million, with a strip ratio of 1.6 [15]. Sensitivity Analysis - The PEA includes sensitivity analysis showing how changes in gold and silver prices affect the project's NPV and IRR, indicating robust economic viability under various scenarios [16][20].
Awalé Hits 3.3 g/t Gold Equivalent over 38 Metres from First BBM Underground Drilling, Confirming Strong Grades at Depth
TMX Newsfile· 2026-02-27 12:00
Core Insights - Awalé Resources Limited has reported promising assay results from the first six holes of its underground drilling program at the BBM gold-copper discovery within the Odienné Project in Côte d'Ivoire, indicating strong potential for high-grade mineralization [2][4][13]. Drilling Program Details - The current drilling program consists of 11 holes and a total of 7,000 meters, aimed at testing the down-plunge extension of BBM's high-grade core to an initial depth of 600 meters [3][5]. - The initial results show increasing gold and copper grades at depth, suggesting significant underground potential [4][6]. Mineral Resource Estimate - A Mineral Resource Estimate (MRE) is targeted for early Q2 2026, with the potential for BBM to become one of the largest gold-copper discoveries in West Africa [4][13]. - The drilling has demonstrated open-pit potential over a 1.2 km zone, with ongoing efforts to define the underground potential [4][5]. Exploration Activities - Concurrent exploration programs are being conducted across Awalé's 100%-owned permits, including intensive surface geochemistry at Seydou and Sama, and a 3,000-meter air-core program at the Fremen target [8][9]. - The company is advancing exploration across its broader Odienné land package, aiming for new discoveries [8][9]. Significant Intercepts - Notable intercepts from the drilling include: - 3.3 g/t gold equivalent over 38 meters from 447 meters depth (BBDD-20) - 2.1 g/t AuEq over 22 meters from 505 meters depth (BBDD-9) - 2.0 g/t AuEq over 42 meters from 459 meters depth (BBDD-15) [12][13]. Technical and Quality Control - Analytical work for drill samples is conducted at independent laboratories in Ghana and Australia, ensuring high standards of quality control [16]. - Significant intervals are calculated as downhole length-weighted intercepts, with true widths estimated to be 70% of downhole widths [17].
Brunswick Exploration Files Maiden Mineral Resource Estimate NI 43-101 Technical Report for Mirage Project
Globenewswire· 2026-02-27 12:00
MONTREAL, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; “BRW” or the “Company”) is pleased to announce that it has filed on SEDAR the “NI 43-101 Technical Report for the Mirage Maiden Mineral Resource Estimate, Eeyou Istchee James Bay, Quebec, Canada”, with an effective date of January 7, 2026. The Mineral Resource Estimate (“MRE”) was prepared in accordance with the National Instrument (“NI”) 43-101 standards by PLR Resource Inc. and Synectiq Inc. Th ...
District Executes Contract for Airborne MobileMT Survey on Alum Shale Properties in Sweden
TMX Newsfile· 2026-02-27 07:00
Core Viewpoint - District Metals Corp. has contracted Expert Geophysics Surveys Inc. to conduct a Mobile MagnetoTellurics System survey over additional mineral licenses in its Alum Shale Properties in Sweden, aiming to identify further mineralized targets [1][2]. Group 1: Survey Details - The MobileMT survey will cover approximately 2,253 line kilometers with a line spacing of 400 meters and tie lines spaced 4,000 meters, focusing on recently approved mineral license applications [2]. - The survey is scheduled to begin in late June or early July 2026, contingent on permitting, contractor availability, and weather conditions [3]. - Data from the survey will be processed and integrated with existing geological, geochemical, and geophysical datasets to optimize target identification [3]. Group 2: Mineral Resource Insights - The survey aims to identify the shallowest and thickest parts of mineralized Alum Shale, which contains significant graphite and sulphides, enhancing its potential as a superconductor [4]. - A previous MobileMT survey in 2025 successfully identified large-scale conductive anomalies correlating with the Viken Energy Metals Deposit, confirming the presence of additional mineralized Alum Shale targets [5]. - The Viken Deposit is noted for containing the largest undeveloped Mineral Resource Estimate of uranium globally, along with substantial estimates of vanadium, potash, molybdenum, nickel, copper, and zinc [6][13]. Group 3: Leadership and Strategic Changes - Mr. Jeremy Veszi will conclude his role as Vice President of Project Development effective February 28, 2026, due to external consulting commitments [8]. - The company will shift from an executive leadership model to a team-based advisory approach while continuing to engage Veszi Professional Consulting Inc. for multidisciplinary support [9]. - The focus remains on advancing the Viken Project through disciplined technical work programs supported by internal leadership and specialized external advisors [9].
EV Nickel Announces Maiden Mineral Resource Estimate for Gemini North Nickel Zone
Accessnewswire· 2026-02-26 22:30
NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICES Distinct deposit to CarLang A with significant "Mt. Keith Style" primary sulphide mineralization with higher confirmed nickel recoveries Gemini North Zone Resources total 93.5M tonnes, averaging 0.23% Ni (US$7.35/t NSR cut-off), split between: Indicated Resources of 9.5M tonnes at 0.27% containing 56Mlbs of nickel, and Inferred Resources of 84.0M tonnes at 0.22% Ni containing 411Mlbs of nickel The Gemini North Zone contains a poten ...
New Found Gold Announces Preliminary Economic Assessment and Updated Mineral Resource Estimate for the Hammerdown Gold Project
TMX Newsfile· 2026-02-26 22:00
Hub and Spoke Mine Plan in Central Newfoundland: Three deposits, Hammerdown, Orion and Stog'er Tight, centered around the Company's Pine Cove Mill Robust Economics: After-tax NPV5%[1] of $199.2 M[2] using a base case scenario (variable price deck: long-term price of US$3,475/oz averaging US$3,656/oz Au[3])After-tax NPV5% of $415.1 M using an upside scenario (US$5,000/oz Au)Solid Production over an Extended Mine Life: 251,287 oz Au produced over a 13-year LOM[4]Average LOM total cash costs[5] and AISC[6] of ...
Nuinsco MRE Subset at Prairie Lake Confirms Higher Grade and Potential Starter Pit Mineralized Domain
Thenewswire· 2026-02-26 15:25
Toronto – TheNewswire - February 26, 2026 – Nuinsco Resources Limited (“Nuinsco” or the “Company”) (CSE: NWI, FRA: NJX) today announced a new subset (the “MRE Subset”) of the mineral resource estimate (the “2022 MRE”) at its Prairie Lake Critical Minerals and Phosphate Project (“Prairie Lake” or the “Project”) located near Terrace Bay, Ontario. The MRE Subset identifies a domain of mineralization with substantially higher phosphate (“P2O5”) and rare earth element (“REE”) grades compared with the 2022 MRE. ...
Gunnison Copper Announces Updated Preliminary Economic Assessment of Its Flagship Gunnison Copper Project Reporting Post-Tax NPV8 of US$2.0 Billion
TMX Newsfile· 2026-02-26 00:00
Phoenix, Arizona--(Newsfile Corp. - February 25, 2026) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) ("Gunnison" or the "Company") is pleased to announce the results of an updated NI 43-101 Preliminary Economic Assessment ("PEA" or "2026 PEA") on its 100%-owned Gunnison Copper Project in the Cochise Mining District, Arizona, United States ("Gunnison Project"). The PEA supersedes the previous PEA on the Gunnison Project released in December 2024 (the "2024 PEA") in all respects. All dollar a ...
Adyton Resources Announces Filing of NI 43-101 Technical Report on Fergusson Island Wapolu Gold Project
TMX Newsfile· 2026-02-25 22:00
Brisbane, Australia--(Newsfile Corp. - February 25, 2026) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") announces that it has filed on SEDAR+ an independent National Instrument 43-101 (Standards of Disclosure for Mineral Projects) technical report titled "NI 43-101 Technical Report on Wapolu Gold Project Fergusson Island, PNG", effective December 12, 2025 (the "Technical Report").The Technical Report was prepared by Louis Cohalan (MAIG), of Mining One Pty Ltd., and who is an "Indep ...
Wallbridge Mining Company (OTCPK:WLBM.F) Earnings Call Presentation
2026-02-25 18:15
GROWING GOLD RESOURCES IN QUEBEC'S ABITIBI TSX: WM OTCQB: WLBMF wallbridgemining.com TSX: WM | OTCQB: WLBMF Cautionary Note Regarding Forward-Looking Information This presentation contains forward-looking statements or information (collectively, "FLI") within the meaning of applicable Canadian securities legislation. FLI is based on expectations, estimates, projections, and interpretations as at the date of this presentation. All statements, other than statements of historical fact, included herein are FLI ...