Feasibility Study
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Liberty Gold Reports Year-End 2025 Financial and Operating Results
Globenewswire· 2026-03-25 22:33
VANCOUVER, British Columbia, March 25, 2026 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) ("Liberty Gold" or the “Company”), is pleased to announce its financial and operating results for the fiscal year ended December 31, 2025. All amounts are presented in United States dollars unless otherwise stated. RECENT PROJECT HIGHLIGHTS – BLACK PINE During 2025 and early 2026, Liberty Gold advanced the Black Pine Gold Project (“Black Pine” or the “Project”) through resource growth, commencement of a ...
Liberty Gold Reports Year-End 2025 Financial and Operating Results
Globenewswire· 2026-03-25 22:33
VANCOUVER, British Columbia, March 25, 2026 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) ("Liberty Gold" or the “Company”), is pleased to announce its financial and operating results for the fiscal year ended December 31, 2025. All amounts are presented in United States dollars unless otherwise stated. RECENT PROJECT HIGHLIGHTS – BLACK PINE During 2025 and early 2026, Liberty Gold advanced the Black Pine Gold Project (“Black Pine” or the “Project”) through resource growth, commencement of a ...
Giyani Metals to advance DFS for K.Hill project with new IDC funding
Yahoo Finance· 2026-03-23 14:14
Giyani Metals Corp (TSX-V:EMM, OTC:CATPF, FRA:KT9) interim executive chair Nigel Robinson talked with Proactive's Stephen Gunnion about recent additional funding secured from the Industrial Development Corporation (IDC) and what it means for the company’s development plans. Robinson explained that the IDC is a key stakeholder, having invested approximately $23 million as part of a broader $37 million funding package in early 2024. This latest extension of funding is being used to support further work at t ...
Widest Caesium Drill Intercept to Date at the Helios Caesium Zone in Final Batch of 2025 Drill Results from Shaakichiuwaanaan
Prnewswire· 2026-03-18 21:00
Widest Caesium Drill Intercept to Date at the Helios Caesium Zone in Final Batch of 2025 Drill Results from Shaakichiuwaanaan Accessibility StatementSkip Navigation MONTREAL, March 18, 2026 /PRNewswire/ - March 19, 2026 – Sydney, Australia Highlights Continue Reading Figure 1: 2025 drill hole results for caesium at the CV13 Pegmatite. (CNW Group/PMET Resources Inc.) Figure 2: Pollucite with late stage spodumene/pollucite (white) veining displaying classic "tapioca†texture (white blebs) at a depth of ~43.7 ...
Vista Gold Q4 Earnings Call Highlights
Yahoo Finance· 2026-03-13 20:45
Core Viewpoint - Vista Gold reported a net loss of $7.5 million for the year ended December 31, 2025, compared to a net income of $11.2 million in 2024, primarily due to items recorded in 2024 [1] - The company completed an equity offering with net proceeds of $41.9 million, ending 2025 with $13.6 million in cash and no debt, positioning itself well for future funding [1][6] Financial Performance - Vista's net loss for 2025 was $7.5 million, a significant decline from the previous year's net income of $11.2 million [1] - The company reported cash on hand of $13.6 million at the end of 2025 and raised an additional $41.9 million through equity financing [1][6] - Corporate administration expenses were $3.6 million in 2025, nearly unchanged from $3.7 million in 2024 [8] Project Development - The completion of the updated Mt Todd feasibility study in July 2025 was highlighted as a pivotal moment for the company [3] - The feasibility study outlines a new vision for Mt Todd as a 15,000 tons per day operation, focusing on higher-grade ore and lower initial capital costs [9] - The study estimates a net present value (NPV5) of approximately $1.1 billion at a gold price of $2,500 per ounce, with an internal rate of return (IRR) of 27.8% and a payback period of 2.7 years [7][10] Future Plans - The company plans to focus on permit modifications, geotechnical drilling, and technical de-risking in 2026, with a target to start detailed engineering in mid-2027 [5][15] - A 27-month timeline is anticipated from the start of detailed engineering to the first gold production [17] - Management aims for approximately 65% to 70% of the project financing to come from debt, with the remainder requiring equity [20] Stakeholder Engagement - Vista has maintained proactive engagement with the Jawoyn Association Aboriginal Corporation and other stakeholders [3] - The company is building an Australian-based organization to lead development and operations at Mt Todd, including key appointments in Perth [16] Market Position - Vista Gold operates in the Tier-1 mining jurisdiction of Northern Territory, Australia, with a clear pathway to value creation through the Mt Todd project [23]
Vista Gold(VGZ) - 2025 Q4 - Earnings Call Transcript
2026-03-13 17:00
Financial Data and Key Metrics Changes - Vista Gold reported a net loss of $7.5 million for the year ended December 31, 2025, compared to a net income of $11.2 million for 2024, largely due to a $16.9 million gain recognized in 2024 related to a royalty interest grant [8][9] - Cash on hand at the end of 2025 was $13.6 million, bolstered by a recent equity offering that generated net proceeds of $41.9 million [6][19] - The company maintained a clean balance sheet with no debt [7] Business Line Data and Key Metrics Changes - Exploration and other expenses for the Mt Todd project were $5.6 million in 2025, up from $3.5 million in 2024, primarily due to capitalized development costs in the previous year [9] - Corporate administration expenses remained steady at $3.6 million in 2025 compared to $3.7 million in 2024 [10] Market Data and Key Metrics Changes - The feasibility study for the Mt Todd project indicated a net present value (NPV) of $1.1 billion at a gold price of $2,500 per ounce, with an internal rate of return (IRR) of 27.8% and a payback period of 2.7 years [11] - At a gold price of $3,300, the NPV increased to $2.2 billion with an IRR of 44.7% and a payback period of 1.7 years [12] - The company's shares increased by almost 252% in 2025 compared to the end of 2024, reflecting both the rise in gold prices and market support for the Mt Todd feasibility study [18] Company Strategy and Development Direction - The company aims to advance the Mt Todd Gold Project through detailed engineering and design, expected to begin in 2027, following the completion of permit modifications [15][17] - A focus on building a technical and organizational foundation for project execution, including hiring key personnel for project management and operations [16][51] - The company is committed to developing Mt Todd in compliance with high mining and ESG standards [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the intrinsic value of the Mt Todd project, anticipating it will generate $300 million in free cash flow annually at conservative gold prices [17] - The company views the current market environment as favorable for advancing the Mt Todd project, given the strong project economics and favorable jurisdiction [19] Other Important Information - The company has surpassed four years without a workplace incident and maintained zero reportable environmental events [5][14] - Recent drilling has provided core for metallurgical testing to confirm optimal processing parameters [13] Q&A Session Summary Question: Outlook on discount rates for projects in safe jurisdictions - Management indicated that projects like Mt Todd in the Northern Territory will likely see better discount rates and cost of debt due to their tier one jurisdiction status [24][25] Question: Concerns about input cost changes due to rising gold prices - Management noted that while construction costs may see modest increases, they do not foresee significant changes that would impact their views on Mt Todd [26][27] Question: Financing outlook and shareholder dilution concerns - Management explained that financing for Mt Todd could involve various forms, including traditional bank debt, and emphasized that the goal is to ensure financing is accretive to shareholders [38][43] Question: Information on Sun Valley Gold's share sales - Management clarified that Sun Valley Gold Fund's share sales were part of a transition to a family office and not indicative of a loss of confidence in Vista Gold [44][46]
Aya Gold & Silver Announces Commencement of Boumadine Feasibility Study and Accelerates Project Development
Globenewswire· 2026-03-12 11:00
Core Viewpoint - Aya Gold & Silver Inc. is advancing the Boumadine polymetallic project in Morocco, entering the feasibility study phase following a positive preliminary economic assessment, with a focus on optimizing project design and refining cost estimates [1][2][3] Project Development - The feasibility-level work program aims to optimize project design and refine capital and operating cost estimates, supported by a multidisciplinary team of qualified professionals from established engineering firms [2] - The project combines open-pit and underground mining with a conventional flotation plant, primarily driven by precious metals, with estimated contributions of approximately 61% gold, 21% silver, 13% zinc, and 5% lead [3] Infill Drilling and Resource Estimation - Approximately 38,000 meters of drilling have been completed as part of a 360,000-meter infill drilling campaign, with a targeted 180,000-meter objective for the current year [5] - An updated mineral resource estimate is expected in the second half of 2026, informed by the ongoing drilling program [6] Metallurgical and Process Engineering - SGS is leading the metallurgical testwork program to optimize process parameters and support final process design criteria [7] - Lycopodium is retained for process engineering and plant design studies, focusing on flowsheet optimization and capital cost estimates [9] Geotechnical and Environmental Studies - RockEng is conducting geotechnical studies to refine mine design and ensure long-term stability [10] - SLR is leading the Environmental and Social Impact Assessment (ESIA) process, with ongoing baseline activities to inform impact assessment and regulatory submissions [11] Water Supply and Tailings Management - Aya is advancing water supply studies, including sourcing from municipal supply and local wells, with assessments for a pipeline connection to nearby dams [13] - The Tailings Storage Facility (TSF) is being designed in accordance with Global Industry Standard on Tailings Management (GISTM) standards, expected to accommodate approximately 18.5 million tonnes of flotation tailings [14] Infrastructure and Access - A bid process has been initiated for detailed engineering of site access roads and supporting infrastructure, including electrical infrastructure planning [15] Upcoming Financial Release - Aya will release its fourth-quarter and full-year 2025 results on March 31, 2026, with a conference call scheduled for the same day [18]
Titan Mining to Start Shipping First Graphite Product and Feasibility Study Underway for 40,000 tpa Integrated Kilbourne Graphite Project
Globenewswire· 2026-03-11 10:00
Core Viewpoint - Titan Mining Corporation has initiated the shipping of graphite concentrate from its demonstration facility and launched a fully-funded Feasibility Study for its Kilbourne Graphite Project, aiming for a production capacity of 40,000 tonnes per annum in New York [1][6]. Group 1: Project Development - The graphite demonstration plant has produced approximately 1,600 kilograms of graphite concentrate and is ramping up to its nameplate capacity, with customer qualification shipments currently underway [2]. - The Feasibility Study is a significant step in transitioning the Kilbourne project from demonstration-scale production to a fully integrated mining and processing operation [5]. - Titan is targeting a construction decision by late 2026 or early 2027, with construction activities expected to commence in 2027, contingent on study results, permitting, and financing [6]. Group 2: Feasibility Study Details - The Feasibility Study will assess final mine design, resource upgrades to reserves, processing optimization, infrastructure needs, environmental advancements, and detailed capital and operating cost estimates [5]. - Approximately 82% of infill drilling and 51% of exploration drilling for mineral resource expansion have been completed, which is expected to enhance the current mineral resource estimate and optimize mine design [3]. Group 3: Strategic Importance - Titan aims to eliminate 100% import reliance on natural flake graphite, a critical material for energy, defense, and industrial applications, thereby strengthening the U.S. supply chain resilience [2][6]. - The project is designed to supply around 50% of the U.S. natural graphite demand, highlighting its significance in the domestic market [8]. Group 4: Team and Expertise - The Feasibility Study is coordinated by Titan's technical team and supported by independent engineering and technical specialists with expertise in mining, processing, and infrastructure [7]. - Qualified Persons responsible for various components of the Feasibility Study include experts from M3 Engineering, Metpro Management, Dorfner Anzaplan, and BBA Consultant, each bringing extensive experience in their respective fields [9][10][11][12][16].
Rupert Resources picks Ausenco for feasibility study at Ikkari project
Yahoo Finance· 2026-02-20 10:50
Core Viewpoint - Rupert Resources has selected Ausenco Engineering to lead the feasibility study for the Ikkari gold project in Northern Finland, marking a significant step towards project development [1][5]. Group 1: Project Development - The feasibility study is expected to be completed by the end of H1 2027 [1]. - The project layout has been finalized, aligning closely with the pre-feasibility study (PFS), and includes all necessary mining, processing, and waste infrastructure [2]. - An updated environmental impact assessment (EIA) is scheduled for submission in Q4 2026 [2]. Group 2: Technical Advancements - Metallurgical test work has shown gold recoveries exceeding 95% with reduced cyanide consumption [3]. - Waste management design has been optimized to incorporate stacked filtered tailings and managed waste rock facilities [3]. - Water management strategies are being developed, including plans for discharging treated water into the Kitinen River and diverting a portion of the Saittajoki River [3]. Group 3: Stakeholder Engagement - Ongoing discussions with Fingrid Oyj regarding grid connection are in progress, with route planning expected to conclude by March 2026 [4]. - Geotechnical investigations have involved drilling a total of 3,580 meters related to open-pit and underground mine design [4]. Group 4: Cost Optimization Strategies - Long-term cost optimization strategies are being evaluated, including the comparison of owner-operated versus contract mining models and grade sequencing to enhance early cash flow from open-pit mining [5]. - The CEO of Rupert Resources emphasized the importance of Ausenco's appointment as a milestone in advancing the Ikkari project [5][6].
Fortuna Submits Exploitation Permit Application for the Diamba Sud Gold Project, Senegal
Globenewswire· 2026-02-10 10:00
Core Viewpoint - Fortuna Mining Corp. has submitted an application for an exploitation permit for the Diamba Sud Gold Project, indicating progress in its development strategy [1][2]. Group 1: Project Development - The company is advancing early works and engineering at Diamba Sud, including site preparation and detailed engineering programs aimed at de-risking critical path activities [2]. - An updated Mineral Resource estimate for Diamba Sud is expected to be published by the end of February 2026, which will inform the estimation of Mineral Reserves for the feasibility study [2]. - A construction decision for the project is targeted for mid-2026, contingent upon receiving all necessary permits [2]. Group 2: Economic Assessment - The Preliminary Economic Assessment (PEA) completed in October 2025 demonstrated robust project economics for Diamba Sud [2]. Group 3: Company Overview - Fortuna Mining Corp. is a Canadian precious metals mining company with three operating mines and exploration projects in Argentina, Côte d'Ivoire, Mexico, Peru, and the Diamba Sud Gold Project in Senegal [3]. - The company emphasizes sustainability in its operations and stakeholder relationships, focusing on efficient production, environmental stewardship, and social responsibility [3].