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Sranan Gold Acquires Lawantino Gold Project Situated Along the Prolific Antino-Sela Creek Trend, Suriname
TMX Newsfile· 2026-02-10 12:20
Core Viewpoint - Sranan Gold Corp. has entered into an option agreement to acquire up to a 100% interest in the Lawantino Gold Property in Suriname, enhancing its exploration portfolio in a region known for gold mineralization [1][4]. Acquisition Details - The Lawantino Gold Property spans 18,468 hectares and is located in southeastern Suriname, an area with extensive artisanal alluvial mining [1][2]. - The acquisition strengthens Sranan's position in the Guiana Shield, where the company now controls a total of 47,500 hectares for exploration [1]. Geological and Mining Insights - The property is situated along the Central Guiana Shear Zone (CGSZ), which is home to other active gold exploration projects [2]. - Initial sampling from the property returned significant gold grades of 4.24 and 1.88 grams per tonne, indicating potential for further exploration [3]. Strategic Importance - The acquisition is viewed as a strategic addition to Sranan's portfolio, complementing ongoing projects and benefiting from favorable geology and proximity to other active projects [4][6]. - The company plans to integrate artisanal mining areas with advanced geological techniques to prioritize future exploration targets [4]. Agreement Terms - Sranan can earn a 100% interest in the property through cash payments totaling US$1,900,000, issuance of 1,800,000 common shares, and exploration expenditures of US$1,700,000 over five years [6][8]. - The vendor will retain a 10% interest and a 2% net smelter return royalty on all metals produced from the property [6]. Exploration Plans - The initial exploration program will focus on integrating artisanal mining data with satellite interpretation and geological mapping to identify targets for trenching and drilling [4]. - Auracle Geospatial Science Inc. has been contracted to analyze the structural complexity of the property, revealing increased fracture density associated with artisanal mining [5]. Company Overview - Sranan Gold Corp. is engaged in mineral exploration and acquisition of mineral property assets in Suriname, with its flagship Tapanahony Project covering 29,000 hectares in a prolific gold mining district [16].
GFG Expands Aljo Gold System 150 m East with Step-Out Results of 7.23 g/t Au over 2.0 m as Discovery-Driven Exploration Advances Across Goldarm
Globenewswire· 2026-02-10 11:50
Core Viewpoint - GFG Resources Inc. has reported significant results from its Phase 2-2025 drill program at the Aljo Gold Project, indicating that gold mineralization extends beyond historical mine limits, suggesting strong growth potential for the project [1][2][4]. Summary by Sections Drill Results - Holes ALJ-25-037 and ALJ-25-038 confirm that gold mineralization extends well beyond the known limits of the Aljo Gold Mine, materially expanding the footprint of the Aljo gold system [2][12]. - Hole ALJ-25-037 returned 1.23 g/t Au over 16.0 m, including a higher-grade core of 7.23 g/t Au over 2.0 m, marking the first significant high-grade gold mineralization in the HW Zone east of the diabase dyke [8][9]. - Hole ALJ-25-038 intersected multiple stacked intervals of gold mineralization, including 2.23 g/t Au over 5.3 m, with a notable intercept of 13.30 g/t Au over 0.5 m [9][11]. Program Overview - The Phase 2-2025 drill program aimed to confirm and expand gold mineralization across the Main, HW, and Footwall Zones, successfully refining the geological model and extending mineralization at depth [5][19]. - The program included large step-out drilling to the east, testing potential extensions of the Aljo Gold System beyond historical mining limits [6]. System Growth and Future Plans - The results from the recent drill holes demonstrate strong grade and structural continuity, indicating the potential for further expansion of the Aljo gold system [12][13]. - GFG plans to conduct over 6,000 m of drilling in 2026, focusing on expanding the Main and HW Zones while advancing regional exploration across the Goldarm portfolio [4][16][22]. Strategic Outlook - GFG's exploration strategy for 2026 emphasizes capital deployment into the ground, leveraging its district-scale land position, and advancing multiple discovery opportunities in the Timmins Gold District [22][33]. - The company is well-financed to execute an aggressive exploration program aimed at both advancing Aljo toward resource-scale definition and unlocking new discoveries across its broader properties [16][22].
Banyan Gold Extends Airstrip and High-Grade Mineralization to 350m Vertical Depth, Yukon, Canada
Accessnewswire· 2026-02-08 20:00
Core Insights - Banyan Gold Corp. has reported high-grade gold mineralization in the Airstrip Deposit at the AurMac Project in Yukon, Canada, indicating promising exploration potential at depth [1] Exploration Results - The company intersected 1.37 g/t Au over 38.0m in deep hole AX-25-817, which includes a high-grade interval of 15.87 g/t Au over 2.2m, approximately 350m down-dip from previous intersections [1] - Additional highlights include AX-25-799 with 7.04 g/t Au over 6.0m within 0.68 g/t Au over 125.5m, and high-grade intervals of 29.30 g/t Au over 1.4m [1] - Other results from AX-25-807 show 1.93 g/t Au over 10.4m and 1.00 g/t Au over 36.1m within 0.64 g/t Au over 145.5m [1] Future Exploration Potential - The high-grade mineralization in deep hole AX-25-817 suggests new exploration targets at depth, potentially linked to a deep-seated magmatic source for mineralization beneath the Airstrip [1]
Orestone Initiates Exploration on Francisca Gold Project in Salta Province Argentina
TMX Newsfile· 2026-01-23 14:00
Core Viewpoint - Orestone Mining Corp. has initiated the Phase I exploration program on the Francisca Gold Project in Salta Province, Argentina, aiming to define an oxide gold deposit suitable for open-pit mining [1][3]. Exploration Program - The Phase I program includes detailed mapping and sampling of a 200x500 metre grid over the South gold zone, with a total of 600 rock chip, channel, and grab samples planned [2]. - The Phase II program is set to involve 1500 metres of reverse circulation drilling across 10 drill holes, targeting the defined gold-silver mineralized zone with a spacing of 40 to 80 meters [2]. Previous Sampling Results - A confirmation sampling program in 2025 revealed high-grade gold values ranging from 0.03 to 33 g/t, with an average of 5.78 g/t gold and 29.2 g/t silver [3][9]. - The South gold zone has a strike length of 500 metres and outcrops over an area of 50 to 100 metres wide, with 11 samples exceeding 6.0 g/t gold [3]. Geological Insights - Geologic mapping has identified an oxide gold stock-work mineralized trend with a northwest strike length of 1100 metres, indicating potential for a larger mineralized intrusive body at depth [5]. - The South zone is underlain by a 400x500 metre circular IP changeability anomaly, suggesting significant mineralization potential [5]. Company Background - Orestone Mining Corp. is a Canadian-based company with a focus on gold, silver, and copper projects in Canada and Argentina, aiming to define a mineable oxide gold deposit at the Francisca Gold Project [10]. - The company can earn up to an 85% interest in the Francisca property through cash payments and exploration expenditures totaling US$4.2 million over seven years [7].
Drilling Underway at K2 Gold's Si2 Project in Nevada
TMX Newsfile· 2026-01-22 11:00
Core Viewpoint - K2 Gold Corporation has commenced drilling at its Si2 Gold Project, which is expected to enhance the understanding of the project's geological model and target deeper gold mineralization [1][2][4]. Group 1: Drilling Program Details - The drilling program at Si2 is a result of extensive technical studies and reinterpretation, identifying it as an intact low-sulphidation epithermal gold system [2]. - This marks the first time K2 is drilling high-priority targets at depth, where stronger gold mineralization is typically found in epithermal systems [2][4]. - The project is located in the Walker Lane Trend, a well-known gold district in the U.S., providing a high-conviction discovery opportunity for K2 [4][13]. Group 2: Company Background and Leadership - K2 Gold Corporation is led by a team with a proven track record, having facilitated over $2.6 billion in gold transactions, including significant sales by Great Bear Resources and Kaminak Gold [7]. - The company is part of Discovery Group, which has been responsible for the discovery of over 10 million ounces of gold [7]. Group 3: Other Projects - K2 Gold also holds the Mojave Project, a +6000-hectare oxide gold project with notable drilling results, including 6.68 g/t Au over 45.72m at the Dragonfly Zone [8]. - The Wels Project, located within the Tintina Gold Belt, has shown promising results with gold intersected in all 12 drill holes during the 2023 program [10].
Opus One begins drilling at Noyell gold project in Quebec, Canada
Yahoo Finance· 2026-01-22 10:04
Core Insights - Opus One Gold has initiated a drilling program at its Noyell gold project in Quebec, Canada, utilizing two drill rigs with the potential for a third by February 2026 [1][5] - The current diamond drilling campaign aims to cover approximately 14,000 meters over 26 holes, building on the successful exploration of Zone 1 in 2025 [1][4] Drilling Program Details - The drilling program seeks to enhance and expand Zone 1 by targeting various identified drilling points for development [2] - A new target area approximately 3 kilometers west of Zone 1 will also be investigated, which has historical indications of gold from previous drilling records dating back to the 1980s and 1990s [2][3] - Initial exploration in the new area will involve drilling five shallow holes [3] Strategic Context - The N2 Project, located to the west, is currently defining a significant historical gold resource and undergoing extensive drilling [3] - Opus One's CEO expressed enthusiasm for the new drill program, highlighting the successful completion of 9,000 meters of drilling on Zone 1 in 2025 and ongoing mineral characterization efforts [4][5] - The company is focused on developing new quality gold targets and expanding its main mineralized zone, aiming for new discoveries along favorable geological structures [5]
Opus One Gold Corp Resumes Drilling on Its 100% Owned Noyell Gold Project, Abitibi, Quebec
Globenewswire· 2026-01-21 14:00
Core Viewpoint - Opus One Gold Corp is advancing its exploration efforts at the Noyell gold project in Quebec, mobilizing two drill rigs and potentially adding a third to expand on previous successful drilling results from 2025 [1][5]. Group 1: Drilling Program Details - The diamond drilling program will consist of approximately 26 holes totaling around 14,000 meters of core, targeting both infill and extension of Zone 1 [2]. - A new target area located approximately 3 kilometers west of Zone 1 will also be tested, where significant gold was reported by previous operators in the 1980s and 1990s [3]. - The new target area is believed to correspond to the same geological structure that hosts Zone 1, with plans to drill five shallow holes in this area [4]. Group 2: Previous Exploration Success - In 2025, Opus One completed 9,000 meters of successful drilling on Zone 1, alongside bio-geochemical sampling and mineralized core studies to characterize the gold-bearing horizon [5]. - The company is focused on expanding its main mineralized zone and developing new quality gold targets on the property [5]. Group 3: Geological Context - The Noyell property is strategically located in the Abitibi mining district, known for its prolific gold mining potential, with Opus One holding assets in both the Val-d'Or and Matagami mineral districts [12].
Eminent Appoints Ivan Bebek as Strategic Advisor for Corporate Development and Finance
Prnewswire· 2026-01-21 12:30
Core Viewpoint - Eminent Gold Corp. has appointed Ivan Bebek as Strategic Advisor for Corporate Development and Finance, leveraging his extensive experience in the junior mining sector to advance the company's gold exploration efforts in Nevada [1][2][3]. Group 1: Appointment and Experience - Ivan Bebek brings over 25 years of experience in the junior mining sector, with a notable track record in discovery, strategic leadership, and financing [2]. - He co-founded Keegan Resources Inc., contributing to the discovery of approximately 5 million ounces of gold at the Esaase gold deposit in Ghana [2]. - Bebek also co-founded Cayden Resources Inc., which was acquired by Agnico Eagle Mines Limited for C$205 million in 2014, showcasing his ability to monetize exploration success [2]. Group 2: Strategic Importance - Bebek's appointment is seen as timely, coinciding with Eminent's early-stage exploration of a potential major gold discovery at the Hot Springs Range property in Nevada [4][6]. - The company has garnered attention from Kinross, which purchased a 9.9% stake in Eminent, indicating confidence in the potential of the Hot Springs Range project [5]. Group 3: Exploration Progress - Initial drilling at the Hot Springs Range has intercepted gold on two of multiple faults, with significant results including a recent hole showing 9.2 meters grading 3.2 g/t Au [5][7]. - The drilling results indicate strong continuity of gold mineralization, representing the first drilling on these specific targets [7].
Valkea Resources Strengthens Board & Leadership Team with Strategic Executive and Technical Appointments
TMX Newsfile· 2026-01-21 10:00
Core Insights - Valkea Resources Corp. has made strategic appointments to enhance its leadership and technical expertise, including Thomas Credland as President, Marc Turcotte as Director, and Dr. Charlotte Seabrook as Technical Advisor [1][2] Leadership Appointments - Thomas Credland, with over 25 years of experience in mining, previously served at Rupert Resources, where he contributed to the discovery and development of the 4Moz Ikkari Gold Project [3] - Marc Turcotte brings over 20 years of experience in corporate development and capital markets, having played a key role in MAG Silver's acquisition for approximately US$2.1 billion [4] - Dr. Charlotte Seabrook has over 25 years of geological experience and was instrumental in the discovery of the Ikkari Project while at Rupert Resources [5][6] Company Strategy and Assets - Valkea Resources focuses on mineral exploration in the Central Lapland Greenstone Belt in Northern Finland, holding nearly 400 km² of land across five core properties [2][3] - The company aims to adopt a systematic methodology for exploration, similar to that which led to the discovery of Ikkari and other gold occurrences in the region [2] Market Position and Future Plans - The appointments are seen as a significant enhancement to the company's capabilities at a crucial time, with expectations for further updates on property appraisals and technical team expansions [2][7]
Valkea Raises C$2.5M in Private Placement Financing
TMX Newsfile· 2026-01-15 00:35
Core Viewpoint - Valkea Resources Corp. has successfully closed a non-brokered private placement financing, raising gross proceeds of C$2.5 million, which will support its exploration efforts in Central Lapland, Finland [1][3]. Financing Details - The financing involved the issuance of 10,000,000 units at a price of C$0.25 per unit, with each unit consisting of one common share and one-half of a common share purchase warrant [2]. - Each warrant allows the holder to purchase one common share at an exercise price of C$0.35 for a period of 36 months following the closing date [2]. - The company paid finders fees of C$49,500 and issued 198,000 finders warrants, which also have an exercise price of C$0.35 [3]. Use of Proceeds - Proceeds from the financing will be allocated to the exploration of the flagship Paana project and for working capital purposes [6]. Insider Participation - Directors and officers of the company subscribed for a total of 220,500 units, contributing gross proceeds of C$55,000, which is classified as a related-party transaction [5]. Company Overview - Valkea Resources is focused on gold exploration in Finland's Central Lapland Greenstone Belt, with a commitment to advancing significant gold deposits [9].