Accessibility StatementSkip Navigation Figure 9: Cross Section H-H1 showing hole ABPC25-325, which extended the southern strike extent of the known high-grade zone at Abore South. (CNW Group/Galiano Gold Inc.) Figure 10: Cross section A-A1 showing high-grade intercept extending below the Mineral Reserve pit design at the Abore North northern pit in hole ABPC25-329. (CNW Group/Galiano Gold Inc.) Figure 11: Long section through the Abore deposit showing Gram Meter contours of Au intercepts with hig ...

Drill-out of all high-grade Surebet lodes will be more easily and cheaply facilitated from underground vantages.Underground access to the Bonanza Zone will enable geological confirmation of this important high-grade lode and potentially enable bulk sampling.Goliath looks forward to mobilizing shortly for its aggressive 2025 drill campaign. TORONTO, May 05, 2025 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to announce world reno ...

Core Insights - Mustang Energy Corp. is advancing its exploration strategy in the Athabasca Basin through collaboration with Resource Potentials Ltd. for geophysical reprocessing and reinterpretation of data [1][19] - The company is focusing on cost-effective data integration to enhance its uranium projects [1] Geophysical Reinterpretation Methodology - Resource Potentials has reprocessed high-resolution airborne datasets, including magnetic, radiometric, gravity, and electromagnetic data, sourced from open-file surveys [2] - The integration of these datasets with geological maps and other data in GIS software has been conducted to improve the understanding of the Athabasca Basin [2] Targeting Areas of Interest - The reinterpretation has identified multiple areas of interest, including: - **914W Project**: Located 45 km south of the Athabasca Basin edge, featuring an EM conductor anomaly and a magnetic low [7] - **Spur Project**: Situated 30 km south of the Basin, intersected by regional magnetic-low and EM conductor trends [8] - **Ford Lake**: Comprising three claim blocks near the southern edge of the Basin, with a strong untested EM conductor anomaly [10] - **Cigar Lake East**: Located near the eastern edge of the Basin, featuring multiple magnetic-low trends associated with known uranium mineralization [12] Ongoing and Future Work - Continuous interpretation of newly acquired airborne geophysical surveys is underway, including a MobileMT survey over the Yellowstone Project and an Xcite™ TDEM survey over the Dutton Project [6] - The company plans to initiate field-based prospecting programs to further assess priority targets identified through the reinterpretation [7] Company Overview - Mustang Energy is focused on acquiring and developing uranium and critical mineral assets, holding 92,211 hectares in the Athabasca Basin [19] - The company’s projects include Ford Lake (7,743 hectares), Cigar Lake East (3,442 hectares), Spur Project (17,929 hectares), Yellowstone Project (21,820 hectares), and Dutton Project (7,633 hectares) [19]

Core Insights - Rackla Metals is focused on gold exploration in Canada's North, particularly in the Yukon and Northwest Territories, and is preparing for its first drill program following promising trench and sample results from a newly identified target [2]. Company Overview - Rackla Metals (TSXV: RAK) is advancing early-stage exploration efforts in underexplored regions, aiming to uncover untapped gold opportunities [2]. - The company has a strong track record in regional prospecting and discovery, which supports its current exploration initiatives [2]. Industry Context - The focus on gold exploration in Canada’s North highlights the potential for significant discoveries in areas that have not been extensively explored [2].

Hecla Mining Company (HL) Q1 2025 Earnings Call May 02, 2025 10:00 AM ET Company Participants Mike Parkin - VP - Strategy & IRRob Krcmarov - President and Chief Executive OfficerRussell Lawlar - SVP, CFOCarlos Aguiar - Senior VP & COOHeiko Ihle - MD & Equity ResearchDalton Baretto - Managing Director, Equity ResearchMichael Siperco - DirectorKurt Allen - Vice President of ExplorationAndrew Dusome - Equity Research Associate, Metals & MiningHenry Hearle - Equity Research AssociateJoseph Reagor - Managing Dir ...

Hecla Mining Company (HL) Q1 2025 Earnings Call May 02, 2025 10:00 AM ET Speaker0 Thank you for standing My name is Bailey, and I will be your conference operator today. At this time, I would like to welcome everyone to the Q1 twenty twenty five Hecla Mining Company Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. I would now like to turn the call over to Mike Parkin, Vice President, Strate ...

TUDOR GOLD Receives Five Year Exploration Permit to Advance the Treaty Creek ProjectMay 01, 2025 11:48 AM EDT | Source: Tudor Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - May 1, 2025) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") is pleased to announce that it has received exploration permits from the British Columbia Ministry of Mining and Critical Minerals for its flagship Treaty Creek Property, located in the heart of the Golden Triangle of Northwestern Br ...

Financial Data and Key Metrics Changes - In Q1 2025, natural gas and oil sales increased to $405 million, a 21% increase compared to the previous year [8][11] - Operating cash flow was $239 million, or $0.81 per diluted share [8] - Adjusted EBITDAX for the quarter was $293 million, with adjusted net income reported at $53.8 million, or $0.18 per diluted share [9][11] - Production averaged 1.28 Bcfe per day, reflecting a 17% decrease from Q1 2024 due to reduced rig activity [10] Business Line Data and Key Metrics Changes - The company turned 14 wells to sales since the last update, with an average initial production rate of 25 million cubic feet per day [9] - The Elijah One well, turned to sales with an initial production rate of 41 million cubic feet per day, represents a significant step in delineating the Western Haynesville [7][25] Market Data and Key Metrics Changes - The average NYMEX settlement price for natural gas was $3.65, while the average Henry Hub spot price was $4.27 [11] - Realized gas price in Q1 was $3.58, reflecting a $0.07 differential from the NYMEX price [12] Company Strategy and Development Direction - The company is focused on building assets in the Western Haynesville to capitalize on growing natural gas demand [40] - Plans to drill 20 wells and turn 15 wells to sales in the Western Haynesville in 2025, while also maintaining production in the legacy Haynesville [41] - The partnership with BKV Corporation aims to develop carbon capture projects, enhancing the company's low-carbon footprint strategy [39][56] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the long-term growth in natural gas demand, particularly for power generation and AI applications [6][40] - The company anticipates improved leverage ratios and financial performance due to higher natural gas prices and a strong hedge position [15] Other Important Information - The company has invested over $1 billion in developing the 520,000 net acres in the Western Haynesville [6] - The company reported a greenhouse gas intensity improvement of 28% compared to 2023, with significant reductions in CO2 and methane emissions [36][38] Q&A Session Summary Question: Can you discuss the reservoir quality of the Elajawan well compared to previous wells? - Management indicated that the reservoir quality of the Elajawan well appears as good as those drilled in the core area, with good thickness and geological support [48][51] Question: What is the structure and value of the BKV partnership? - The partnership aims to develop carbon capture projects, enhancing the attractiveness of the company's gas resources for potential power generation facilities [56][60] Question: When can we expect more results from the Western Haynesville area? - The next well is planned to be spud in Q4 2025, with additional wells planned for 2026 [63][65] Question: How many rigs can the Western Haynesville support in the future? - Management indicated that they will prudently develop the area, ensuring they do not oversupply the market while meeting increasing demand [90][92] Question: What is the capital allocation strategy for 2026? - The focus will remain on drilling wells to hold acreage while balancing the need for delineation and appraisal wells [102]

Core Points - Plato Gold Corp. is advancing preparations for its first drill program at the Lolita Project in Santa Cruz, Argentina, marking a significant step in its exploration efforts [1][2] - The company has received approval from the Secretariat of Mining of Santa Cruz for an updated environmental impact assessment, allowing it to conduct a diamond drilling campaign [2] - The province of Santa Cruz is the largest producer of precious metals in Argentina, with exports valued at USD 1.789 billion in 2024 [2] Financing and Contracts - Plato has entered into loan agreements totaling US$1,050,000 to finance the drill program, with an interest rate of 7% per annum [4] - The loans are unsecured and may be convertible into common shares at a minimum price of $0.05 per share [4] - A related party transaction involves a loan of US$1,000,000 from Anthony Cohen, President of Plato, with exemptions from formal valuation and minority shareholder approval [6] Drilling Plans - Drilling is set to commence in May 2025, targeting approximately ten diamond drill holes at the Panza, Espalda, and Corazon targets, with depths of 200 to 400 meters [7] - The targets are characterized by low-sulphidation, epithermal vein systems with pathfinder anomalies of arsenic, antimony, and mercury [7] - The Lolita Project has not been previously drill-tested or explored for precious metals, but nearby projects indicate potential for significant resources [8] Company Overview - Plato Gold Corp. is a Canadian exploration company with projects in Ontario and Argentina, focusing on gold and silver exploration [11][12] - The company holds a 95% interest in Winnipeg Minerals S.A., which has mineral rights totaling 9,672 hectares in Argentina [12]

Veteran mining executive and financier joins ESGold’s board as it accelerates towards gold productionVANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) -- via IBN -- ESGold Corp. (“ESGold” or the “Company”) (CSE: ESAU | OTCQB: ESAUF | FSE: Z7D) is pleased to announce the appointment of seasoned mining executive and former global investment banker Peter Espig to its Board of Directors, effective immediately. With deep roots in both global capital markets and operational mining leadership, Mr. Espig b ...