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Beacon Minerals (BCN) Earnings Call Presentation
2025-08-21 22:00
Corporate Presentation ASX:BCN 22 August 2025 For personal use only ASX:BCN For personal use only Corporate Snapshot | 1 Capital Structure | | | | | --- | --- | --- | --- | | ASX Code | | BCN | | | 1 Share Price | | $2.16 | | | Shares on Issue | | 105.7 M | | | Listed Options on | Issue (Ex . $ 1 .20 Ex . 5 Nov 2029 ) | 13.3 M | | | 1 Market Cap (AUD) | | $ 229.2 M | | | ¹ On the 21 August 2025 | | | | | 2 Financial | | | | | Cash on Hand (AUD) | 2 | $14.38 M | | | Gold Bullion Perth | 2 Mint | 2,744 ozs | ...
White Gold Corp. Announces 44% Increase in Indicated Resources to 1,732,300 oz Gold and 13.4% Increase in Inferred Resources to 1,265,900 oz Gold at its Flagship White Gold Project, Yukon, Canada
GlobeNewswire News Room· 2025-08-21 11:00
Core Insights - White Gold Corp. announced an updated Mineral Resource Estimate (MRE) for its flagship White Gold project, showing a significant increase in total gold ounces, with a 44% increase in indicated resources to 1,732,300 ounces and a 13.4% increase in inferred resources to 1,265,900 ounces [1][4][7] Resource Estimate Details - The updated MRE includes four gold deposits: Golden Saddle, Arc, Ryan's Surprise, and VG, with indicated resources of 1,732,300 ounces within 35.2 million tonnes grading 1.53 g/t Au, and inferred resources of 1,265,900 ounces within 32.2 million tonnes grading 1.22 g/t Au [4][5] - The Golden Saddle deposit hosts a high-grade core containing 1,100,000 ounces indicated and 93,000 ounces inferred at a 1.0 g/t cut-off, with significant potential for further expansion [7][22] - The Arc deposit has been defined over 1,200 m in strike length and remains open along strike and down dip, indicating further exploration potential [24][25] Exploration and Growth Potential - The ongoing 2025 exploration program aims to expand the resource base by targeting underexplored mineralized zones and conducting cost-effective sampling of unsampled areas [14][15] - The company plans to drill the high-grade footwall breccia zone at Golden Saddle and test the down-dip extension of mineralized zones at Arc, which could provide fresh material for metallurgical test work [15][17] - A systematic relogging and resampling program is underway to capture additional mineralization not included in prior models, further strengthening the resource base [18] Strategic Positioning - The White Gold project is positioned as a leading gold resource in a top-ranked global mining jurisdiction, with substantial opportunities for additional growth [2][3] - The company's extensive land package in the White Gold District, which covers approximately 40% of the area, includes several other prospective targets that have received limited exploration work [32][20]
Kodiak Drills 0.46% CuEq Over 111 m from Surface at the South Zone; Confirms Continuity over 950 m of Strike Length
Newsfile· 2025-08-21 10:00
Kodiak Drills 0.46% CuEq Over 111 m from Surface at the South Zone; Confirms Continuity over 950 m of Strike Length August 21, 2025 6:00 AM EDT | Source: Kodiak Copper Corp. Vancouver, British Columbia--(Newsfile Corp. - August 21, 2025) - Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) (FSE: 5DD1) (the "Company" or "Kodiak") reports the first drill results from the 2025 drill program at its 100% owned MPD copper-gold porphyry project in southern British Columbia. The program focused on near-surface infill a ...
Pelangio Exploration Inc. Announces an Updated Mineral Resource Estimate for Its Manfo Gold Project, Ghana
Newsfile· 2025-08-20 22:00
Core Viewpoint - Pelangio Exploration Inc. has announced an updated Mineral Resource Estimate for its Manfo Gold Project in Ghana, reflecting significant increases in both tonnage and contained gold, driven by higher gold prices and new drilling data [1][4][20]. Resource Estimate Details - The updated Resource, effective July 31, 2025, includes four gold deposits and is based on a gold price of US$2,600 per ounce, compared to US$1,450 per ounce used in the 2013 estimate [2][18]. - The updated Resource shows a total Indicated Mineral Resource of 441,000 ounces of gold at an average grade of 1.16 g/t Au, and a total Inferred Mineral Resource of 396,000 ounces of gold at an average grade of 0.77 g/t Au [7][20]. - The updated Resource represents a 126% increase in Indicated gold ounces and a 395% increase in Inferred gold ounces compared to the 2013 estimate [7][20]. Drilling and Resource Expansion - The updated estimate incorporates drilling conducted by Pelangio since 2013, including the addition of the Nkansu deposit, which was largely drilled after the 2013 Maiden Resource [2][12]. - The company plans to conduct targeted infill drilling and exploration to further define and expand the resource base [4][25]. Economic and Technical Considerations - The updated Resource reflects lower average gold grades due to decreased cut-off grades, with cut-off grades set at 0.25 g/t Au for oxides and 0.35 g/t Au for transitional and fresh material [12][20]. - The resource estimation utilized standard geostatistical techniques and was prepared by independent Qualified Persons from SEMS Technical Services Ltd. [9][12]. Future Exploration Potential - There is significant exploration potential in the Manfo project, with many mineralization areas remaining open-ended and untested exploration targets identified [26][27]. - The recent addition of the Nkosuo Mining Permit is expected to enhance exploration opportunities, with ongoing exploration work planned [27].
Maple Gold Announces $5 Million Non-Brokered Private Placement Led by Strategic Investor Michael Gentile and Provides Corporate Update
Newsfile· 2025-08-20 12:00
Core Viewpoint - Maple Gold Mines Ltd. is raising approximately C$5 million through a non-brokered private placement led by strategic investor Michael Gentile, with participation from Agnico Eagle Mines Limited to maintain its ownership interest [1][4][6] Financing Details - The offering will consist of C$3.5 million in charity flow-through units priced at C$0.85 each and C$1.5 million in non-flow-through units priced at C$0.60 each [6][7] - Proceeds will support a planned 10,000-metre drill program at the Douay and Joutel Gold Projects, with an updated mineral resource estimate expected in H1 2026 [6][9] Board Changes - Marc Legault and Chris Adams will join the Board of Directors effective August 31, 2025, while Michelle Roth and Maurice Tagami will retire [2][12] - Legault has over 40 years of experience in the gold and base metals industry, primarily with Agnico Eagle, while Adams has over 30 years of mining finance experience [12][13] Share Consolidation - The company plans a 10-for-1 share consolidation effective September 8, 2025, reducing the number of shares from approximately 457.2 million to about 45.7 million [3][15][16] - The consolidation aims to improve investor sentiment and attract new institutional investors [15] Project Overview - The Douay/Joutel Gold Project is located in Québec's Abitibi greenstone belt and hosts an established mineral resource of 511,000 ounces of gold (Indicated) and 2.53 million ounces of gold (Inferred) [20][25] - The project covers approximately 481 km² of prospective geology, with significant potential for resource growth [20][22]
EMX Highlights an Updated MRE and Other Advancements at the Diablillos Silver-Gold Royalty Property in Argentina
Newsfile· 2025-08-20 11:30
Core Viewpoint - EMX Royalty Corporation highlights significant advancements at the Diablillos silver-gold royalty property in Argentina, including an updated mineral resource estimate (MRE) that shows substantial increases in silver and gold resources, alongside ongoing project enhancements and a favorable economic environment for development [1][5]. Mineral Resource Estimate (MRE) Summary - The updated Diablillos MRE reports total open pit constrained, oxide mineral resources of 199 million ounces of contained silver (+34%) and 1.72 million ounces of contained gold (+27%) in the measured and indicated categories [1][5]. - The MRE includes tank leach resources and contributions from a maiden heap leach MRE, with total oxide measured and indicated resources reported as 104 million tonnes averaging 59 g/t silver and 0.51 g/t gold [2][6]. - Significant increases in measured and indicated resources were observed across all five resource deposits, with the JAC deposit showing the largest tonnage and contained metal increases [3]. Project Development and Economics - AbraSilver is advancing project economics through ongoing drilling and engineering optimization, with expectations to receive Environmental Impact Assessment (EIA) approval in the latter half of 2025 and to deliver a definitive feasibility study (DFS) in Q1 2026 [1][5]. - The project is eligible for Argentina's Incentive Regime for Large Investments (RIGI), which offers lower tax rates and other benefits, requiring an investment decision by Q2 2027 to fully qualify [5]. Exploration and Future Potential - A Phase V 20,000 meter drill program is ongoing, scheduled for completion by early 2026, which includes exploration drilling at multiple targets [4]. - The updated Preliminary Feasibility Study (PFS) from December 2024 outlines a 14-year mine life with annual production of 7.6 million ounces of silver and 72,000 ounces of gold, yielding a net present value (NPV) of $747 million and an internal rate of return (IRR) of 28% [8].
SONORO GOLD PROVIDES SURFACE RIGHTS UPDATE FOR THE CERRO CALICHE GOLD PROJECT
Globenewswire· 2025-08-18 12:00
Core Viewpoint - Sonoro Gold Corp. has received final acceptance for a surface rights lease agreement for its Cerro Caliche Gold Project in Sonora, Mexico, allowing the company to control 100% of the surface and mineral rights for the project area [1][5]. Financial Obligations - The company has completed cash payments of US $3,125,000 to the lessor, fulfilling the financial obligations for the first year of the lease agreement [2]. - Funding for the year-1 payment was sourced from unsecured shareholder loans totaling US $2,900,000, with an annual interest rate of 10% and a 7% lending fee [3]. Related Party Transactions - The loans provided by company directors are classified as a "related party transaction" under Multilateral Instrument 61-101, with the company relying on exemptions from formal valuation and minority shareholder approval [4]. Project Development - The lease agreement is crucial for the construction and operation of the Cerro Caliche gold mine, covering an area larger than initially required, thus allowing for future expansion [5]. - The project is in the final permitting stage for an open-pit, heap leach mining operation, with only 30% of the identified mineralized zones drilled and assayed to date [6]. Mineral Resource and Economic Assessment - The Cerro Caliche project spans 1,400 hectares and has confirmed a low-sulphidation epithermal vein structure with over 25 gold mineralized zones [7]. - A Preliminary Economic Assessment (PEA) filed in October 2023 indicates a potential after-tax net present value (NPV5) of US $47.7 million at a gold price of US $1,800 per ounce, and US $77 million at US $2,000 per ounce, with an internal rate of return (IRR) of 45% and 63% respectively [8][9].
Nova Pacific Reports Strong Intercepts Including 2.5 g/t AuEq Over 10 m, 4.0 g/t AuEq Over 6.05 m, and 1.7 g/t AuEq Over 12 m at Lara VMS Project on Vancouver Island, B.C.
Newsfile· 2025-08-14 12:30
Core Viewpoint - Nova Pacific Metals Corp. has reported strong assay results from its Phase 1 exploration drilling campaign at the Lara VMS Project, indicating potential for significant mineralization and supporting the historical drilling data [1][3][6]. Summary by Sections Exploration Results - The company completed 41 drill holes totaling 8,660 meters, with results from 23 holes reported and assays pending from 16 holes [6][19]. - Notable intercepts include: - NP25-029: 10 m grading 2.5 g/t AuEq from 100 m downhole [5]. - NP25-027: 6.05 m grading 4.0 g/t AuEq from 45.45 m downhole [5]. - NP25-022: 12 m grading 1.7 g/t AuEq from 166 m downhole [5]. - The results validate the company's exploration model and provide geological insights for further mineralization opportunities [7][19]. Future Plans - The company anticipates strong news flow as it progresses towards a mineral resource estimate targeted for Q4 2025 [3][19]. - Assays from 16 additional drill holes are pending, including step-out holes designed to test extensions beyond known mineralization [4][16]. Geological Context - The Lara Project is located within a 17-km belt of the McLaughlin Ridge Formation, which is associated with the past-producing Myra Falls VMS Mine [1][20]. - The exploration program aims to verify historical drilling data across 39,092 m of drilling to support a current mineral resource estimate [19][20]. Community Engagement - The company is committed to early and meaningful engagement with Indigenous communities, recognizing their rights and aiming for mutually beneficial partnerships [26][27]. Company Overview - Nova Pacific Metals Corp. is focused on advancing the Lara VMS Project, which hosts a significant historical mineral resource enriched with critical and precious metals [28].
Benton Stakes Strategic Land at Its Dominion Lake Project with Base Metal Results in Historical Drilling
Newsfile· 2025-08-14 11:30
The Company is currently awaiting further gold and base metal results from its ongoing mapping and prospecting campaigns. In addition, permits have been received to conduct trenching work to expose any new zones and areas of interest for mapping and channel sampling in preparation for drilling later in the season. The Company acquired the Dominion Lake Project in 2024 after a large parcel of land became available for staking and has since assembled a substantial and highly prospective land position. August ...
Focus Graphite Advances ESIA Reporting at Lac Knife and Accelerates Mineral Resource Expansion at Lac Tetepisca and Announces the Grant of Options and RSUs
Newsfile· 2025-08-13 22:49
Core Insights - Focus Graphite Inc. is advancing its Environmental and Social Impact Assessment (ESIA) for the Lac Knife graphite project and accelerating mineral resource expansion at Lac Tétépisca [2][3][4] Group 1: ESIA Progress - The company has re-engaged IOS Geosciences Inc. to complete 16 technical reports necessary for submission to Québec's environmental authorities, marking a significant step towards permitting and mine construction [3][4] - The ESIA program, initially launched in 2020, faced delays due to funding constraints but is now back on track, with report completion expected by early 2026 [4][5] Group 2: Mineral Resource Expansion - Focus Graphite has initiated geochemical analysis of over 1,000 drill core samples from its 2022 exploration program at Lac Tétépisca, which will support an updated NI 43-101 Mineral Resource Estimate anticipated in Fall 2025 [6][8] - The updated resource estimate will further define the development potential of Tétépisca alongside Lac Knife [8] Group 3: Incentives and Future Plans - The company has granted stock options to purchase up to 4,215,000 common shares at an exercise price of $0.14 per share, expiring on August 13, 2030, and has also issued 1,350,000 restricted stock units to its directors and consultants [9] - The CEO emphasized that resuming the ESIA is a pivotal milestone towards full permitting and mine development at Lac Knife, reflecting the company's commitment to building value across its asset base in Québec [9]