Mineral Resource Estimate

Search documents
Encounter Resources (E6H) 2025 Earnings Call Presentation
2025-08-06 05:55
4-6 AUGUST 2025 Exploring Australia's Great Mineral Provinces… Diggers and Dealers Mining Forum Encounter Resources Investor Update Disclaimer and Compliance Statement This presentation has been prepared by Encounter Resources Limited ("Encounter"). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though Encounter has no reason to believe that it is not accurate, reliable or ...
Westgold Resources (WGXR.F) 2025 Earnings Call Presentation
2025-08-05 09:00
Financial Performance & Growth - Westgold achieved a record Q4 FY25 and FY25, closing with $364 million in cash, bullion, and liquid investments[33, 34] - In Q4 FY25, Westgold produced 88,022 ounces of gold at an AISC (All-In Sustaining Cost) of $2,688/oz and sold 71,500 ounces at an average price of A$5,174/oz, generating revenue of A$370 million[36] - Westgold reported a record quarterly treasury build of $132 million in Q4 FY25[27, 36] Operational Highlights & Future Plans - Westgold is transitioning to predominantly longitudinal open stoping at the South-Junction mine, expecting paste fill to commence in late Q1 FY26, enabling 100% orebody extraction[41] - Great Fingall virgin stopes are expected to bring higher grade ore, with first ore to the Bluebird mill in Q2 FY26, displacing low-grade stockpiles[44] - Westgold plans to expand Beta Hunt to >2Mtpa with infrastructure projects progressing, including clean water supply and primary vent upgrades[50] - The company aims to expand Bluebird-South Junction to 1.2Mtpa and grow the Fletcher Zone[69] Resource & Reserve Updates - The Fletcher Zone Maiden Mineral Resource was reported as 31 million tonnes @ 2.3g/t for 2.3 million ounces of gold at the end of Q4 FY25[56, 85] - At the end of Q1 FY25, the Bluebird-South Junction Mineral Resource was reported as 14.969 million tonnes @ 2.9g/t for 1.37 million ounces of gold[85] - At the end of Q1 FY25, the Starlight Open Pit & Underground Mineral Resource was reported as 12.9 million tonnes @ 2.7g/t for 1.13 million ounces of gold[85]
Fortuna Advances Diamba Sud Gold Project in Senegal with Updated Mineral Resources; PEA Completion Targeted for Q4 2025
Globenewswire· 2025-08-05 09:00
Core Viewpoint - Fortuna Mining Corp. has released an updated Mineral Resource estimate for the Diamba Sud Gold Project in Senegal, indicating significant increases in both Indicated and Inferred Mineral Resources as of July 7, 2025 [1][8]. Summary by Category Mineral Resource Estimates - The Diamba Sud Gold Project contains an Indicated Mineral Resource of 14.2 million tonnes (Mt) at an average gold grade of 1.59 grams per tonne (g/t), equating to 724,000 ounces of gold [3][6]. - The Inferred Mineral Resource is estimated at 6.2 Mt with an average gold grade of 1.44 g/t, containing 285,000 ounces of gold [3][10]. - The Indicated Mineral Resource has increased by 53% since year-end 2024, while the Inferred Mineral Resource has seen a 93% increase over the same period [8]. Drilling and Resource Expansion - The updated estimate is based on new drilling conducted from July 2024 to July 2025, involving 243 holes and totaling 31,652 meters [4]. - New resource estimates for the Southern Arc and Moungoundi deposits have been introduced, with initial Inferred Mineral Resource estimates of 194,000 ounces and 31,000 ounces of gold, respectively [8][10]. Economic Analysis and Future Plans - A Preliminary Economic Analysis (PEA) is currently underway, with completion expected in the fourth quarter of 2025 [8]. - Exploration drilling at Southern Arc is ongoing, focusing on infilling and expansion drilling to upgrade Inferred Resources and explore open mineralization [9]. Geological Interpretation and Methodology - Infill drilling has improved geological interpretation and supported the conversion of Inferred Resources to Indicated Resources [9]. - The resource estimate incorporates data from 1,178 diamond and reverse circulation drill holes, totaling 154,814 meters, completed since 2019 [11]. Price Assumptions and Cost Refinements - The long-term gold price assumption has been increased to $2,600 per ounce, which, along with refinements to mining and processing costs, has contributed to updated pit shell optimization [9][26].
Carnaby Resources (CNB) 2025 Earnings Call Presentation
2025-08-05 07:40
Diggers & Dealers Mining Forum August 2025 PHOTO OF EAST WALL OF TREKELANO OPEN PIT For personal use only Statements and Disclaimers Competent Persons Statement The information in this document that relates to all exploration results is based upon information compiled by Mr Robert Watkins. Mr Watkins is a Director and shareholder of the Company and a Member of the AusIMM. Mr Watkins consents to the inclusion in the report of the matters based upon the information in the form and context in which it appears. ...
Minerals 260 (MI6) 2025 Earnings Call Presentation
2025-08-05 01:05
ASX: MI6 Advancing one of Australia's largest undeveloped gold projects For personal use only 2.3Moz Bullabulling Gold Project Diggers & Dealers and Site Visit Presentation 4 August 2025 Luke McFadyen, Managing Director Important Notes and Disclaimer Overview This presentation contains summary information about Minerals 260 Limited (ACN 650 766 911) (Company) and is current as of the cover date. The information in this presentation is of a general background and does not purport to be complete. This present ...
Kootenay Completes NI 43-101 Technical Report Detailing 54 Moz at 284 gpt Silver Mineral Resource Estimate at Columba Project, Recommences Extension Drilling
Prnewswire· 2025-08-01 13:00
Core Viewpoint - Kootenay Silver Inc. has filed its first-ever Mineral Resource Estimate (MRE) for the Columba Silver Project, marking a significant milestone for the company and the project located in Chihuahua, Mexico [1][2]. Company Announcements - The technical report supporting the MRE is titled "Technical Report on the Maiden Mineral Resource Estimate for the Columba Ag-Pb-Zn Project" and is available on SEDAR+ and the company's website [2]. - Drilling activities at the Columba project have recommenced, marking the seventh phase of drilling since 2019, aimed at extending mineralized zones [3]. Mineral Resource Estimate Highlights - The MRE indicates Inferred Mineral Resources of 5.92 million tonnes (Mt) with an average grade of 284 grams per tonne (gpt) silver, 0.19% lead, and 0.50% zinc, totaling approximately 54.1 million ounces (Moz) of silver, 25.2 million pounds (Mlbs) of lead, and 65.6 Mlbs of zinc [4][5]. - The estimate is based on a cut-off grade of 150 gpt Ag, considering a metal price of US$26.00/oz Ag, a mining cost of US$60.00/t rock, and processing costs of US$45.00/t mineralized material [4][10]. Geological Context - The Columba project is characterized as a high-grade epithermal vein system, with a surface extent of mapped veins measuring approximately 4 kilometers by 3 kilometers and a vertical extent of at least 350 meters [12][13]. - The veins are believed to have potential depths exceeding 700 meters, with all veins remaining open to depth [13][14]. Historical Context - Prior to Kootenay Silver's involvement, the Columba project had not seen exploration for nearly 40 years, with historical mining occurring in the early 1900s and a brief period from 1958 to 1960 [16][17]. Exploration and Development - Kootenay Silver has conducted over 53,000 meters of drilling across more than 200 holes, supported by detailed mapping and surveys [17]. - The company holds a 24-year surface access agreement covering all mineralized areas drilled to date, allowing for both exploration and exploitation [17].
American Pacific Mining (USGD.F) Earnings Call Presentation
2025-07-30 17:00
Company Overview - American Pacific Mining Corp (USGD) has approximately $13 million CAD in cash as of July 2025 [5, 6, 8] - The company is focused on high-grade projects in the Western US [8, 67] - Michael Gentile is a 14% shareholder [6] Madison Project (Montana, USA) - USGD acquired the Madison Copper Gold Project in June 2020 and has spent $7.7 million on exploration since 2019 [11] - The Madison Mine had past production of 2.7 million lbs of copper with grades ranging from ~20% to over 35% and 7,570 ounces of gold at 16.1 g/t [11] - The Broadway Mine had past production of 144,000 oz Au / 4.54 g/t [11, 27] - Phase I 2025 drill program intersected 23.2 g/t Au over 1.5 m within a broader 19.8 m interval of 2.0 g/t Au in hole APMMAD-25-02 [15] - APMMAD25-08 intersected 44.1 g/t Au over 1.5 m within a broader interval of 10.2 g/t Au over 7.6 m [18] Palmer VMS Project (Southeast Alaska, USA) - The company owns 100% of the Palmer VMS Project after taking over ownership from Dowa Metals and Mining Alaska Ltd, with Dowa retaining an option to acquire 50% of zinc offtake once in production [47] - Dowa made a $10 million USD cash payment to American Pacific as part of the transaction [47] - Total project expenditures of >$116 million USD by the end of 2024 [47] - Indicated Mineral Resources include 4.77 Mt at 1.69% Cu, 5.17% Zn, 0.14% Pb, 28.4 g/t Ag, and 0.29 g/t Au [54] - Inferred Mineral Resources include 12.00 Mt at 0.57% Cu, 3.92% Zn, 0.47% Pb, 66.3 g/t Ag, and 0.33 g/t Au [54]
Adyton Resources Reports Fatality at Gameta
Newsfile· 2025-07-28 14:37
Brisbane, Australia--(Newsfile Corp. - July 28, 2025) - Adyton Resources Corporation (TSXV: ADY) (FSE: 701) ("Adyton" or the "Company") regrets to report a fatality at the Gameta Project in Papua New Guinea. This tragic accident involved a casual employee engaged by Adyton's joint venture partner who passed away as a result of an accident while operating a drilling rig. No other person was injured in the accident. The relevant local authorities have been notified about the accident and the Company will ful ...
Drilling Completed
Globenewswire· 2025-07-28 13:07
Core Viewpoint - Central Iron Ore Limited (CIO) has announced a drilling update for the British King Project, highlighting the completion of a second phase of reverse circulation (RC) drilling and upcoming mineral resource estimates [1][2]. Drilling Update - The second phase of RC drilling at the British King Project was completed in Q2 2025, covering tenements M37/30 and M37/631, targeting both lateral and vertical extensions of the British King lode [2]. - A total of 10,262 meters were drilled across seventy-seven drillholes, with 4,694 meters drilled over thirty holes on tenement M37/30 [2]. Assay Results and Future Plans - Assay results for the majority of the drilling program have been received, and quality assurance and quality control checks are nearing completion [3]. - Interpretation of the assay data is currently underway, and a decision regarding the need for additional infill drilling will be made subsequently [3]. - An updated Mineral Resource Estimate (MRE), following the 2024 revision, is scheduled for release in Q3 2025 [3]. Qualified Person - Mr. Andrew Bewsher, a director of BM Geological Services Pty Ltd, has compiled the information related to the RC drilling program and is recognized as a Qualified Person under NI 43-101 [5].
GoldShore Intersects Additional Mineralization Beneath the Conceptual Open Pit at the Southwest Zone with 22m of 1.30 g/t Au
Newsfile· 2025-07-25 08:30
Core Insights - Goldshore Resources Inc. announced positive assay results from its 20,000-meter winter drill program at the Moss Gold Project, indicating potential resource expansion beneath the current proposed open pit [2][3] - The drilling targeted the Southwest Zone, with a total of 5,000 meters drilled to infill gaps in the resource model, which is currently treated as waste in the optimization process [4][9] - CEO Michael Henrichsen expressed confidence in adding significant ounces to the future resource estimate based on the successful results of the winter drill program [3] Drilling Results - Seven drill holes were completed, confirming the continuity of multiple parallel shear zones, which may enhance the existing mineral resource estimate [4][7] - Notable intercepts included: - 12.3m of 1.11 g/t Au from 556m in MMD-25-183, including 6.3m of 1.94 g/t Au [7] - 10.0m of 2.76 g/t Au from 314m in MMD-25-185, including 5.0m of 5.06 g/t Au [7] - 22.0m of 1.30 g/t Au from 533m in MMD-25-191, including 3.9m of 3.48 g/t Au [7] Resource Estimate - The updated NI 43-101 mineral resource estimate for the Moss Gold Project includes 1.54 million ounces of Indicated gold resources at 1.23 g/t Au and 5.20 million ounces of Inferred gold resources at 1.11 g/t Au [26] - The resource estimate currently encompasses only 3.6 kilometers of the 35+ kilometer mineralized trend, indicating significant potential for further exploration and development [26] Technical Overview - The drill program aimed to address data gaps between shallow and deep intercepts, which are critical for optimizing the resource model [9][19] - The results from the drill holes suggest the presence of high-grade mineralization and the potential for resource growth at the Moss Gold Project [7][19] Company Background - Goldshore is focused on acquiring and advancing primary gold assets in tier-one jurisdictions, with a significant investment of over $75 million in the Moss Gold Project [26] - The company is led by experienced professionals in the mining industry and is backed by a prominent private equity firm [26]