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Adamera Advances Targeting on the South Hedley Gold Property In British Columbia
Thenewswire· 2025-08-14 11:30
Vancouver, British Columbia – August 14, 2025 – TheNewswire - Adamera Minerals Corp. (TSX-V: ADZ; OTC: DDNFF) ("Adamera" or the "Company") announces it has advanced targeting on its 18,714-hectare South Hedley Gold Property in B.C. Detailed soil sampling over the Max Prospect area has identified a zone with consistently anomalous gold values. Results from 46 soil samples collected last week, extended the gold anomaly further southeast and confirms a cut-off to the northwest. The anomaly remains open to the ...
Founders Metals Expands High-Grade Gold Zone at Upper Antino with 46.0 m of 3.59 g/t Au & Deep Drilling Extends Mineralization to 500 m Vertical Depth
Newsfile· 2025-08-11 11:30
Core Insights - Founders Metals Inc. has reported significant drilling results from its Antino Gold Project in Suriname, highlighting the expansion of high-grade gold zones and the extension of mineralization to a vertical depth of approximately 500 meters [1][2]. Drilling Results - The standout drill hole FR120 intercepted 46.0 meters of 3.59 grams per tonne (g/t) gold, confirming the continuity of high-grade domains within the Froyo zone [4][8]. - Additional results include: - 8.0 meters of 2.25 g/t Au from 597.0 meters (FR115) - 13.0 meters of 2.10 g/t Au from 468.0 meters (FR123) - 21.0 meters of 0.73 g/t Au from 458.0 meters (FR118) [5][8]. Exploration and Future Plans - The company is advancing its exploration efforts with a planned 2,000 meters of drilling at the Maria Geralda target, following up on previous results of 22.5 meters at 11.88 g/t Au from hole MG003 [9]. - Exploration activities are also ongoing at other targets including Van Gogh, Da Vinci, Lawa, and Parbo, with comprehensive surface exploration programs in place [10].
Adamera Identifies New Gold Prospect on the South Hedley Property in British Columbia
Thenewswire· 2025-08-07 12:05
Vancouver, British Columbia – TheNewswire - August 7, 2025 – Adamera Minerals Corp. (TSX-V: ADZ; OTC: DDNFF) ("Adamera" or the "Company") announces it is delineating areas on the 18,714-hectare South Hedley Property in B.C. that warrant detailed exploration. Work on one area, the Max Prospect, currently commands the highest priority. The Max Prospect is located in the northwest portion of the 100% owned property, between Whistle and Smith Creeks. The site is unexplored, having been identified from reconnais ...
Ramelius Resources Limited (RMS) 2025 Conference Transcript
2025-08-04 04:07
Summary of Ramelius Resources Limited (RMS) 2025 Conference Call Company Overview - **Company**: Ramelius Resources Limited (RMS) - **Recent Merger**: Merger with Spartan Resources valued at $2.4 billion, enhancing exploration capabilities and cash flow generation [2][34] Key Points and Arguments Operational Highlights - **Production Achievement**: FY 2025 production reached a record of 301,000 ounces, exceeding the 300,000-ounce mark for the first time [10] - **Mount Magnet Operation**: The flagship operation has produced over 2 million ounces since 2014, with a projected mine life of at least 17 years [4] - **Dalgaranga Asset**: Expected to push production to over 350,000 ounces, with a focus on integrating this asset into the Mount Magnet hub [5][6] Financial Performance - **Market Capitalization**: Currently at $4.8 billion, positioning Ramelius on the cusp of the ASX 100 [7] - **Net Cash Position**: $784 million, significantly higher than the expected $500 million at the time of the merger announcement [7] - **Cash Flow Generation**: Generated nearly $700 million in free cash flow for FY 2025, leading the sector on a per-ounce basis [15] Future Growth Strategy - **Production Target**: Aiming for a sustainable production level of 500,000 ounces by the end of the decade, with all-in sustaining costs projected to be below $2,000 per ounce [8][35] - **Exploration Focus**: Renewed exploration efforts across the portfolio, particularly in the Rebecca Row area, with a definitive feasibility study (DFS) underway [5][11] Exploration and Resource Development - **High-Grade Discoveries**: Significant high-grade discoveries at the Kew project, with nearly 100,000 ounces mined at 10 grams per tonne and an all-in sustaining cost below $800 per ounce [13] - **Resource Growth**: Increased resource from 100,000 ounces to nearly 2.9 million ounces in a two-and-a-half-year period [19] - **Drilling Programs**: Extensive drilling programs planned to explore beneath existing pits, targeting high-grade shoots and expanding resource potential [22][32] Integration and Operational Synergies - **Integration Work**: Ongoing integration studies from the merger with Spartan, focusing on optimizing processing options and mine design [9][10] - **Operational Excellence**: Combining operational expertise from both companies to enhance production efficiency and exploration success [18][34] Additional Important Insights - **Cash Flow Utilization**: The company plans to reinvest cash flows into exploration and development, leveraging geological potential without the need to fight for capital [35] - **Sector Positioning**: Ramelius is positioned as a leading gold producer in the ASX, with a strong focus on sustainable growth and shareholder returns [36] This summary encapsulates the key points discussed during the Ramelius Resources Limited conference call, highlighting the company's operational achievements, financial performance, future growth strategies, and exploration initiatives.
NetworkNewsAudio Announces Audio Press Release (APR) on Mining Junior Becoming New Quebec Gold Producer
Globenewswire· 2025-07-25 12:30
Company Overview - LaFleur Minerals Inc. is positioned to become one of Quebec's newest gold producers, with a permitted mill and an advanced-stage exploration project [1] - The company focuses on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec, particularly the Swanson Gold Project and the Beacon Gold Mill [4] Project Details - The Swanson Gold Project spans approximately 15,290 hectares, benefiting from over $5 million invested in exploration by the previous owner, Monarch Mining [2] - Historical drilling includes more than 950 drill holes, revealing broad zones of gold mineralization with widths reaching up to 40 meters [3] - The project area has previous underground development, including a ramp to a vertical depth of 80 meters for bulk sampling, indicating significant potential for further discoveries [3] Infrastructure and Accessibility - The Swanson Gold Project is easily accessible by road, with a rail line running through the property, allowing direct access to several nearby gold mills [4] - The Beacon Gold Mill is fully refurbished and permitted, capable of processing more than 750 tonnes per day, and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects [4]
K2 Gold Advances Toward Final EIS and Continues to Uncover High-Grade Gold at Mojave Project
Newsfile· 2025-07-22 10:00
Core Insights - K2 Gold Corporation is making significant progress in exploration and permitting at its Mojave Project, which is a promising oxide gold project in California [2][4] - The company is nearing the completion of the Final Environmental Impact Statement (EIS), which is crucial for advancing its Phase II drill program [5][10] - Recent rock sampling has confirmed high-grade gold mineralization in new zones, enhancing the project's potential [5][6] Exploration Progress - A total of 74 rock samples were collected from the Eastern Target Area, aimed at identifying high-potential drill targets for future exploration [4] - High-grade gold values were reported, including 27.6 g/t Au and 21.5 g/t Au from the Gold Valley area, and 3.07 g/t Au and 4.02 g/t Au from the Flores Area [5][6] - The East Zone has shown significant mineralization over extensive areas, with confirmed gold values extending 280m and 750m from previous discovery samples [8] Permitting Milestones - The Bureau of Land Management (BLM) is preparing the Final EIS, which will incorporate public feedback from a 45-day comment period [5][10] - The completion of the Final EIS is a critical milestone for K2 Gold, ensuring compliance with regulatory requirements and facilitating further exploration activities [10] Company Overview - K2 Gold Corporation is focused on advancing gold exploration projects in mining-friendly jurisdictions across the Western U.S. and Canada [15] - The Mojave Project spans 5,830 hectares and includes multiple previously drilled oxide gold targets, with ongoing exploration efforts utilizing various geological survey methods [15]
West Point Gold Drills 59.44m of 1.25 g/t Au and 68.5m of 0.90 g/t Au, Beneath the Tyro Pit, Expanding the Tyro Main Zone to Depth
Newsfile· 2025-07-17 11:00
Core Insights - West Point Gold Corp. has announced significant drill results from its Gold Chain Project in Arizona, indicating promising gold mineralization at depth beneath the Tyro Main Zone [1][3][10] Drilling Results - The recent drilling program covered approximately 500 meters of strike along the Central and Southern parts of the Tyro Main Zone, with a total of 957.2 meters drilled [1][10] - Drill hole GC25-61 returned 59.44 meters of 1.25 g/t Au, including 33.53 meters of 1.63 g/t Au, expanding the mineralized zone to depth [5][10] - Drill hole GC25-62 returned 68.58 meters of 0.90 g/t Au, including 15.24 meters of 2.89 g/t Au, indicating improving grades at depth [5][10] - Drill hole GC25-64 returned 36.58 meters of 0.91 g/t Au, also showing mineralization at depth [5][10] Geological Insights - The drilling has identified a broad zone of quartz-calcite-adularia veins and breccia that is consistently mineralized from surface exposures down to nearly 200 meters [5][10] - The mineralized zone remains open at depth and appears to extend northward toward the Frisco Graben, indicating potential for further exploration [5][10] Future Plans - The company is planning a follow-up drill campaign of 10,000 meters to further test the Tyro Main Zone at depth and along strike, as mineralization remains open [3][10] - Additional drilling is scheduled for Fall 2025 to continue following the mineralization to depth, with expectations of encountering higher-grade veins related to deeper boiling events [10]
Opus One Gold Obtains 3.92 g/t Gold Over 5.2 m from Hole No-25-17, at 375 Vertical Meters on its Zone 1 Gold Discovery, Noyell Project
GlobeNewswire News Room· 2025-07-15 12:30
Core Viewpoint - Opus One Gold Corp has reported promising drilling results from its Noyell project, indicating significant gold mineralization in multiple zones, particularly in Zone 1, which remains open for further exploration [1][7]. Drilling Results - Drill hole NO-25-17 returned 3.92 g/t Au over 5.2 m, with a true width of approximately 4.2 m in Zone 1 [1] - Hole NO-25-18 returned 3.24 g/t Au over 5.5 m, indicating that Zone 1 remains open to the east near the surface [3][7] - Hole NO-25-19 intersected Zone 1 but yielded a lower grade of 2.07 g/t Au over 0.7 m [3] Summary of Drill Holes - A detailed table of drilling results shows various intervals and grades across different zones, with notable results including: - NO-25-06: 5.57 g/t Au over 8.4 m in Zone 1 [6] - NO-25-07: 4.22 g/t Au over 18.95 m in Zone 1 [6] - NO-25-14: 8.96 g/t Au over 5.2 m in Zone 1 [6] Exploration Potential - The results suggest that Zone 1 is open to the west and east, indicating potential for further mineralization [2][7] - The company anticipates more assay results soon, which could provide additional insights into the mineralization of the area [7] Company Overview - Opus One Gold Corp is focused on discovering high-quality gold and base metals deposits in the Abitibi Greenstone Belt, a prolific mining area in Canada [10]
Thunder Gold Completes Phase Two Drill Program at the Tower Mountain Gold Property
Newsfile· 2025-07-15 11:30
Core Insights - Thunder Gold Corp has completed its Phase Two drill program at the Tower Mountain Gold Property, which is 100% owned by the company and spans 2,500 hectares in Ontario [1][9] - The drill program consisted of 13 holes totaling 1,773 meters, slightly short of the planned 1,800 meters, with an all-in cost of less than C$260 per meter [5][2] - Results from the Phase Two drill program are expected in early to mid-August 2025, which will inform the scope of the upcoming Phase Three drill program scheduled to start in September 2025 [2][3] Drilling Details - Four holes (333 meters) were drilled to test the southeast limit of the P-Target, with previous drilling showing 0.93 g/t Au over 41.8 meters [2] - The A-Target was tested with four holes (357 meters) to assess high-grade mineralization continuity, with notable results of 1.30 g/t Au over 30.0 meters and 3.94 g/t Au over 23.8 meters from previous holes [2] - The 3738 target was tested with four holes (1,008 meters), with previous results indicating high-grade gold, including 35.14 g/t Au over 41.0 meters [2][3] Future Plans - The company plans to conduct infill soil geochemistry with 100-meter line spacings and 25-meter sample intervals to target a gold-in-soil anomaly [3] - This geochemical work will assist in identifying initial drill holes in an untested area parallel to the southern contact of the Tower Mountain Intrusive Complex [3][9] Property Overview - The Tower Mountain Gold Property is strategically located near the Trans-Canada highway and is adjacent to the largest exposed intrusive complex in the eastern Shebandowan Greenstone Belt [9] - Gold mineralization at Tower Mountain is found within altered rocks along the intrusive contact, with drilling indicating anomalous gold extending over 500 meters along a 1,500-meter strike length [9]
Mandalay Resources Discovers High-Grade Skarn and Provides Update on Near Mine Exploration at Björkdal
Globenewswire· 2025-07-14 11:30
Core Insights - Mandalay Resources Corporation reports ongoing exploration success at its Björkdal mine in Sweden, highlighting the discovery of a new high-grade skarn zone that could enhance mill feed in the near term [1][3] - Infill and extension drilling at the Main (Eastern Extension) and North Zones are yielding results above expectations, indicating strong potential for resource growth [1][3] Exploration Highlights - The newly discovered North Zone Below Marble features consistent high-grade veining approximately 200 meters north of the current underground mine [3] - The Lake Zone Skarn discovery shows promising short-term production potential with significant gold grades, including 34.2 g/t over 9.20 m and 16.2 g/t over 19.00 m [6][8] - Infill drilling at the Main Zone confirms consistent mineralization down to 870 m, with notable intercepts of 10.8 g/t over 9.60 m and 15.2 g/t over 3.10 m [6][14] Future Plans - The company plans to focus on definition drilling at the Lake Zone Skarn, ongoing programs at the Main Zone, and an 8,000-meter drill campaign at Storheden to expand and upgrade resources [4][27] - Drilling will continue in the second half of 2025, targeting both the North Zone and Main Zone extension projects to expand the mining inventory [27][28] Technical Details - The exploration program includes a rigorous QA/QC process for sample preparation and assaying, ensuring the reliability of results [29][30] - Significant intercepts from the drilling programs are documented, showcasing high-grade gold mineralization across various zones [35][38][41]