Workflow
Exploration
icon
Search documents
Caledonia Mining Plc(CMCL) - 2025 Q1 - Earnings Call Presentation
2025-05-12 12:27
Q1 2025 Results Presentation Disclaimer and Forward-Looking Statements This presentation has been prepared solely for information and does purport to contain all of the information that may be necessary or desirable to fully and accurately evaluate Caledonia Mining Corporation Plc ("Caledonia" or "the Company") or its business prospects. for the purposes of this notice, "presentation" includes this document, any oral presentation, any questions and answer session and any written or oral material discussed o ...
GFG Discovers New Gold Zone in Footwall and Extends Mineralization to Near-Surface at Aljo Gold Project, Timmins, ON
Globenewswire· 2025-05-12 09:00
Core Viewpoint - GFG Resources Inc. has reported significant assay results from its Aljo Mine Target, indicating the discovery of new high-grade gold zones and the expansion of known mineralized areas, which enhances the potential for further discoveries in the Timmins Gold District of Ontario, Canada [2][5][14]. Drilling Program and Results - The recent drilling program consisted of 12 holes totaling 2,600 meters, focusing on the downdip and lateral extensions of the historic Aljo Mine, as well as testing new targets [3][4]. - Notable intersections include high-grade gold in the HW and Main Zones, with the discovery of a new FW Zone (FW3) characterized by significant visible gold and high-grade mineralization, with assays reaching up to 7.26 g/t Au [4][6][10]. Specific Assay Results - Hole ALJ-24-019 intersected multiple high-grade intervals, including 4.39 g/t Au over 3.4 m and 7.76 g/t Au over 1.5 m in the HW Zone, confirming continuity of mineralization [6][7]. - The Main Zone also showed promising results, with intercepts of 8.00 g/t Au over 0.5 m and 5.11 g/t Au over 0.8 m, correlating with previous high-grade results [9][10]. - The new FW3 Zone yielded significant results, including 7.26 g/t Au over 0.6 m, indicating a 60 m step-out from previously reported high-grade gold [10][12]. Future Plans - Follow-up drilling at Aljo is scheduled to commence in the second half of 2025, with an aggressive program planned to further explore the depth and strike extensions of the HW, Main, and FW Zones, totaling approximately 3,000 meters [4][7][14]. - The company is also expanding its exploration pipeline in the region, which continues to attract attention due to its geological potential [14][25]. Muskego Target Update - GFG has initiated a drill program at the Muskego target area, testing several greenfield targets with a total of 10 holes drilled, totaling 2,685 meters, with assay results pending [17][18]. - A sonic drill program was also completed to gather samples for generating additional drill targets in this underexplored region [18]. Company Overview - GFG Resources Inc. is focused on district-scale gold projects in tier one mining jurisdictions, operating three gold projects in the Timmins Gold District, which has historically produced over 70 million ounces of gold [25].
Initial Drilling to Assess Potential for Open Pit Production Intersects High-Grade Gold in the Jubilee Shear
Globenewswire· 2025-05-12 08:00
Core Insights - Red Pine Exploration Inc. has announced promising initial results from its near-surface drilling program at the Wawa Gold Project, indicating significant gold grades and wide zones of alteration [1][3][4] - The ongoing drilling program is part of a fully funded 25,000 meters exploration initiative aimed at evaluating the potential for an open-pit operation in the Jubilee Shear area [1][6] - The company plans to update its 2024 Mineral Resource Estimate (MRE) and work towards a Preliminary Economic Assessment (PEA) expected to be completed in the first half of 2026 [5][6] Drilling Results - Near-surface drilling has intersected 14.51 grams per tonne (g/t) gold over 4.81 meters, including a high-grade interval of 90.40 g/t over 0.67 meters [7][11] - The ongoing drilling program has completed approximately 65% of the planned 25,000 meters, with over 14 drill holes currently in progress [6][8] - Historical drilling results in the Jubilee Mine area have shown significant gold intersections, indicating the potential for further resource expansion [13][14] Geological Insights - The drilling has identified a new gabbro dyke at depth, which is believed to be a critical control on mineralization, similar to gabbro dykes found closer to the surface [4][14] - The mineralogical transition observed in the Jubilee Shear suggests changes in the gold mineralization zones, which could lead to higher grades [14][15] - The company is focusing on building out the near-surface resource to complete an updated MRE and PEA by H1 2026 [6][14] Future Plans - The company intends to continue drilling to infill gaps between widely spaced drill holes and to explore deeper extensions of the Jubilee Shear [9][14] - Approximately 8,000 to 9,000 meters of drilling is allocated to evaluate two areas for potential open-pit operations, expected to take about three months to complete [8][9] - The results from the ongoing drilling will contribute to the updated MRE and PEA, enhancing the understanding of the project's economic viability [5][6]
Labrador Gold Announces Resignation of Director Kai Hoffmann
Globenewswire· 2025-05-09 21:00
TORONTO, May 09, 2025 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V: LAB | OTCQB: NKOSF | FNR: 2N6) (“LabGold” or the “Company”) announces the resignation of Kai Hoffmann as a director of the Company. Mr. Hoffmann has been an integral part of the Board of Directors since his appointment in 2019. "On behalf of the members of the Board and management team of LabGold, I would like to thank Kai for his valued contributions and commitment to the success of the Company over the past six years," said Roger Moss, ...
Spark Energy Minerals Reports Encouraging Rare Earth Element Results from Its Caladão Target at the Arapaima Project in Brazil
Newsfile· 2025-05-09 20:05
Core Insights - Spark Energy Minerals Inc. has reported promising rare earth element (REE) surface sampling results from its Caladão Target within the Arapaima Project in Brazil, indicating significant potential for critical mineral resource exploration [1][4][22] Exploration Highlights - The Caladão Target encompasses approximately 4,000 hectares of exploration tenements, adjacent to Axel REE Limited's project, which is advancing its REE-Gallium discovery [4][10] - Surface sampling results include a peak value of 6,417 ppm Total Rare Earth Oxides (TREO) from 30 stream sediment samples, with 11 samples exceeding 1,000 ppm TREO [4][16] - Soil sampling results show a peak value of 3,041 ppm TREO from 36 samples, with 4 samples reporting values greater than 2,000 ppm TREO and 14 samples exceeding 1,000 ppm TREO [12][13] - Anomalous Gallium values were also reported, with a peak of 94.07 ppm Ga2O3 [13] Geological Context - The geological profile in the Caladão region includes a regolith profile up to 50 meters thick, comprising a ferruginous lateritic horizon rich in Aluminum and Gallium, and a clay-rich saprolite horizon enriched in REE [11][13] - The exploration results from Spark are comparable to those reported by Axel REE during their early exploration phases, reinforcing the potential of the Caladão Granite region as a hub for rare earth mineralization [4][22] Future Plans - Following the encouraging results, the company plans to accelerate its REE exploration activities and advance its lithium targets towards drill testing later in 2025 [18][19] - The company is evaluating follow-up exploration strategies, including auger and air core drilling to further delineate the REE and Gallium potential across the tenement package [19][21] Financial Position - The recent funding arrangement with Sorbie Capital enhances the company's financial position, supporting its dual focus on advancing lithium and REE exploration programs in Brazil [19][22]
Mines D'Or Orbec/Orbec Gold Mines to Attend 121 Mining Investment Conference in London
Newsfile· 2025-05-09 15:42
Chibougamau, Quebec--(Newsfile Corp. - May 9, 2025) - Mines D'Or Orbec/Orbec Gold Mines (TSXV: BLUE) (OTC Pink: BLTMF) is pleased to announce the company is participating in the upcoming 121 Mining Investment Conference in London. John Tait, CEO of Mines D'Or Orbec/Orbec Gold Mines will be presenting about the Company's recent and future planned activities. 121 Mining Investment London will be hosting over 110 mining companies and more than 650 sophisticated investors for two days of pre-arranged, targete ...
TGS Successfully Commenced an Active North Europe Summer Season
Globenewswire· 2025-05-09 05:15
Oslo, Norway (May 9 2025) – TGS, a leading provider of energy data and intelligence, is pleased to announce a significant increase in acquisition activity in Northern Europe this summer. TGS has deployed a total of four acquisition vessels in the region; three seismic vessels and one offshore wind vessel, doubling the Company’s capacity compared to 2024. All the three seismic streamer vessels have successfully mobilized, according to plan, and are currently engaged in production on 4D seismic contracts. The ...
TGS announces Q1 2025 results
Globenewswire· 2025-05-09 05:00
Financial Performance - TGS reported strong financial performance in Q1 2025, with the multi-client segment significantly exceeding expectations due to robust sales of vintage library data in frontier areas [1] - The sales-to-investment ratio over the past four quarters was above 2x (pro-forma), highlighting the attractiveness of the multi-client model and the benefits of having a large and diversified data library [1] - There was a significant year-on-year improvement in asset utilization, contributing to solid contract revenues [5] Market Outlook - Despite recent oil price weakness adding short-term uncertainty, the long-term outlook for the energy sector remains positive [2] - E&P companies are struggling to replace reserves at current spending levels, indicating a need for more exploration to maintain production [2] Financial Metrics - Multi-client investment for Q1 2025 was USD 130 million, supported by solid pre-commitments from clients [5] - Order inflow during Q1 2025 was USD 302 million, resulting in a total order backlog of USD 600 million [5] - Strong cash flow reduced net debt to USD 453 million from USD 500 million at the end of 2024 [5] - The company plans to pay a stable dividend of USD 0.155 per share in Q2 2025 [5] Guidance and Adjustments - Guidance for gross operating expenses and capital expenditures has been lowered to approximately USD 1,000 million and USD 135 million, respectively, due to increased macro uncertainty [5]
Vital Battery Metals Announces Acquisition of Corvo Uranium Project & Closing of Financing
Globenewswire· 2025-05-08 21:00
Highlights: More than 29 km of exploration strike length along three strong NE-SW magnetic low trends coinciding with EM conductors and cross-cutting faults, providing highly prospective shallow drill targets.Uranium mineralization is present along a strike length of 800 metres between historical drill holes TL-79-3 (0.057% U3O8 over 3.5 m) and TL-79-5 (0.065% U3O8 over 0.1 m) on the Project (defined below), in addition to the Manhattan Showing with historical results of 59,800 ppm U at surface1.High-resolu ...
Coeur Mining(CDE) - 2025 Q1 - Earnings Call Transcript
2025-05-08 16:02
Coeur Mining (CDE) Q1 2025 Earnings Call May 08, 2025 11:00 AM ET Company Participants Mitchell Krebs - President, CEO & ChairmanMichael Routledge - SVP & COOAoife McGrath - Senior Vice President of ExplorationThomas Whelan - SVP & CFOWayne Lam - Director - Mining ResearchJoseph Reagor - Managing DirectorMichael Siperco - DirectorBrian Macarthur - Managing Director Operator Good day, and welcome to the Core Mining First Quarter twenty twenty five Financial Results Conference Call. All participants will be i ...