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ESGold Highlights Untapped Exploration Potential in Colombia's Bolívar Region with District-Scale Opportunity
Accessnewswire· 2025-09-30 12:30
Historical report outlines a 3.4 km by 400-800 m corridor, high-grade channel samples up to ~170 g/t Au, and broad drill intercepts that remain untested by modern exploration technologies. VANCOUVER, BC / ACCESS Newswire / September 30, 2025 / ESGold Corp. ("ESGold" or the "Company") (CSE:ESAU)(OTCQB:ESAUF) (FSE:Z7D) is pleased to outline the prospective potential of a concession in Colombia's BolÃvar region, informed by historical NI 43-101 data and prior operator disclosures. ...
Centerra Gold's Mount Milligan PFS Outlines Mine Life to 2045, Delivering Growth with a Fully Funded, Disciplined $186 Million Growth Capital Plan
Globenewswire· 2025-09-11 21:00
Core Viewpoint - Centerra Gold Inc. has announced a Pre-Feasibility Study (PFS) for its Mount Milligan mine, confirming a life of mine (LOM) extension to 2045, driven by strategic investments and exploration efforts [1][2]. Group 1: LOM Extension and Production Metrics - The PFS indicates a LOM extension of approximately 10 years, with average annual production from 2026 to 2042 expected to be around 150,000 ounces of gold and 69 million pounds of copper [6][8]. - Total gold production over the mine life is projected to be 2,791,000 ounces, with total copper production estimated at 1,282 million pounds [4][6]. - The average gold grade is expected to be 0.28 grams per tonne (g/t) and the average copper grade is projected at 0.16% [4][28]. Group 2: Capital Expenditures and Economic Outlook - Total capital expenditures over the LOM are estimated at $925 million, with non-sustaining capital expenditures of $186 million planned, primarily for a second tailings storage facility and process plant upgrades [4][21]. - The after-tax Net Present Value (NPV) at a 5% discount rate is approximately $1.5 billion based on long-term commodity price assumptions, increasing to about $2.1 billion at spot prices [4][50]. Group 3: Mineral Reserves and Exploration Potential - An updated mineral reserve estimate shows a total of 483.2 million tonnes, containing 4.4 million ounces of gold and 1.7 billion pounds of copper, representing a 56% increase in gold reserves and a 52% increase in copper reserves compared to the end of 2024 [6][28]. - Ongoing exploration efforts have confirmed mineralization extending to the west of the current resource pit, indicating potential for further resource expansion [2][35]. Group 4: Environmental and Operational Improvements - The mine will utilize in-pit dumping of potentially acid-generating waste to reduce environmental impact and optimize tailings storage capacity [10][11]. - Operational improvements are expected to increase mining rates to 200,000 tonnes per day at certain points during the LOM, with a modest fleet expansion required [11][12]. Group 5: Community and Regulatory Aspects - Mount Milligan has been designated as a provincial priority project by the British Columbia government, which supports a more streamlined permitting process [47][48]. - The extended LOM is anticipated to provide consistent employment for over 1,000 workers and enhance business opportunities for First Nations and surrounding communities [49].
Equinox Gold Reports New High-Grade Resource Expansion Drill Results
Newsfile· 2025-07-28 10:00
Core Viewpoint - Equinox Gold Corp. has reported significant high-grade gold mineralization results from its El Limon Mine Complex in Nicaragua, indicating strong potential for resource expansion and new discoveries [1][4][8]. Group 1: Exploration Results - The exploration campaign at El Limon has yielded high-grade intercepts, including 36.77 g/t gold over 6.9 metres and 8.55 g/t gold over 14.6 metres, among others [1][6]. - The drilling results demonstrate the extension of gold mineralization in three key areas: near the Panteon underground mine, along the VTEM Gold Corridor, and in the vicinity of the past-producing Talavera mine [4][8]. Group 2: Resource Growth - Since acquiring El Limon in Q4 2019, the company has achieved over a 700% increase in Mineral Reserves, now totaling 1.12 million ounces of gold at a grade of 4.36 g/t as of year-end 2024 [3][8]. - The company has successfully permitted and brought four new satellite mines into production in Nicaragua, enhancing the long-term value of its assets [5][8]. Group 3: Future Plans - The 2025 exploration strategy will focus on resource expansion and discovery drilling at existing resource zones and high-priority targets, including the VTEM Gold Corridor and Talavera mine [8][9]. - Talavera represents a new opportunity with a newly delineated Inferred Mineral Resource of 630,000 ounces grading 5.09 g/t gold, located less than three kilometres from the El Limon processing facility [9].
Altiplano Drills 2.37% Cu, 0.30 g/t Au, and 36.12% Fe over 2.89 m, Including 15.29% Cu, Confirming High-Grade Continuity at Santa Beatriz
Newsfile· 2025-07-15 13:00
Core Insights - Altiplano Metals Inc. has reported positive assay results from its inaugural drill program at the Santa Beatriz Iron Oxide Copper Gold (IOCG) mine, confirming high-grade continuity of the vein system [2][4][5] - The drilling program, which covered 655.6 meters, confirmed vein continuity over 100 meters along strike and approximately 40 meters down dip, with a weighted average grade of 1.33% Cu, 0.20 g/t Au, and 29.00% Fe [5][10][12] - The best interval from the drilling was 2.89 meters grading 2.37% Cu, 0.30 g/t Au, and 36.12% Fe, including a high-grade sample of 15.29% Cu over 35 cm [5][12][17] Company Developments - The results support the company's plan to advance mine development into deeper levels, which could supply material to the nearby El Peñón processing facility [4][20] - Geological observations indicate broader exploration potential within the property, with signs of porphyry-style mineralization at depth [5][17] - Altiplano has generated over C$23.8 million from the recovery and sale of copper, with cash reinvested into exploration and development activities [20][21] Technical Details - The drilling targeted extensions of the main vein below Level 414, with significant mineralization observed in the core samples [10][11] - The mineralized structure comprises massive magnetite with bands of chalcopyrite and lesser pyrite, with variability in Cu:Fe ratios reflecting mineral proportions [11][12] - Quality assurance protocols were implemented to ensure the reliability of assay data, with all samples analyzed using standard industry procedures [18]