Cabral Gold Announces Results of Updated Prefeasibility Study on the Gold-in-Oxide Starter Operation at the Cuiú Cuiú Gold Project, BrazilJuly 29, 2025 6:30 AM EDT | Source: Cabral Gold Inc.Vancouver, British Columbia--(Newsfile Corp. - July 29, 2025) - Cabral Gold Inc. (TSXV: CBR) (OTCQB: CBGZF) ("Cabral" or the "Company") is pleased to announce the results of an updated Prefeasibility Study ("Updated PFS") on the development of near-surface gold-in-oxide material at the Cuiú Cuiú gold distri ...

Ausgold (AU4) Conference July 24, 2025 01:00 AM ET Speaker0Now this next company has recently completed a definitive feasibility study on their Katanning project. So really interested to hear an update on that and what's next. So please welcome from Ausgold, John Dorward.Speaker1Sorry about that. Everyone took me a little while to fight my way through the crowd of people who were leaving. So the shortsighted ones who are gonna miss out on this great opportunity. So thank you for for bearing with me, and aft ...

Accessibility StatementSkip Navigation Highlights from the recent drilling include the newly discovered "Minuit" zone, located 75 m north of the historical Donchester Mine, that returned multiple significant intercepts in drill hole DUP25-059, highlighted by 2.25 g/t Au over 12.8 m, including 4.08 g/t Au over 4.0 m. The discovery was made via a drill hole targeting a western down-dip extension of the South Zone which successfully encountered strong mineralization within an underexplored area located approxi ...

Core Viewpoint - New Found Gold Corp. is expanding its 2025 Work Program at the Queensway Gold Project, focusing on advancing the project towards development with significant drilling and engineering studies planned [1][3]. Work Program Expansion - The 2025 work program will include approximately 70,000 meters of drilling, with 80% dedicated to resource definition and pre-development drilling, and 20% focused on exploration [3][8]. - The company is well-financed following a recent bought deal financing, enabling the expansion of the work program [3]. Drilling Focus - About 80% of the planned drilling will target infill drilling of inferred and unclassified mineralization within the AFZ Core, along with grade control drilling at the Keats and Iceberg zones [4]. - The exploration drilling will focus on high-priority targets such as the Dropkick zone, which is a new high-grade gold target located 11 kilometers north of the AFZ Core [5][6]. Excavation and Sampling - The AFZ Core excavation program is underway, with channel sampling of the Iceberg excavation approximately 80% complete [10]. - Excavation of the Lotto zone is expected to be completed in Q4 2025, with channel sampling planned for Q2 2026 [11]. Regional Exploration - A regional exploration program at Queensway South and Queensway North is ongoing, focusing on the extensions of the Appleton and JBP Fault Zones [12]. - This program includes soil and rock sampling, trenching, and a 156 square kilometer magnetic survey [12]. Engineering and Environmental Studies - The company has engaged SLR Consulting to deliver an initial Mineral Resource Estimate (MRE) and a Preliminary Economic Assessment (PEA), with the PEA expected to be completed by late Q2 2025 [13]. - Additional environmental studies will be conducted in 2025 to ensure all baseline studies are completed for upcoming permitting processes [14]. Company Overview - New Found Gold holds a 100% interest in the Queensway project, which spans 175,600 hectares and covers a 110 km strike extent along two prospective fault zones [16]. - The company is focused on growth and value creation at Queensway, supported by a solid shareholder base, including a 19% holding by Eric Sprott [16].

St. John's, Newfoundland and Labrador--(Newsfile Corp. - May 2, 2025) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") is pleased to provide the following update from the 100%-owned Moosehead Gold Project in central Newfoundland. Activities at Moosehead are focused on the first of two bulk samples proposed for 2025, which is tentatively scheduled for a late May or early June extraction date. The exact timing could vary depending on contractor availability or other as yet unf ...

Core Viewpoint - Perseus Mining Limited has made a Final Investment Decision (FID) to develop the Nyanzaga Gold Project in Tanzania, following an updated feasibility study [1][2]. Investment Overview - The company plans to invest approximately US$523 million for the development and operation preparation of the mine, with first gold production expected in Q1 2027 [2]. - The funding will be sourced from interest-free intercompany loans, utilizing Perseus's existing cash and bullion balance of US$801 million as of March 31, 2025 [2]. Project Development - To date, Perseus has invested around US$27.5 million in building project team capacity and initiating early works, including site establishment and bulk earthworks [3]. - The updated feasibility study indicates a shift to a large-scale, wholly open-pit mining operation for the first phase, as opposed to a smaller combined open-pit and underground option previously considered [4]. Production and Financial Metrics - Total gold production over an 11-year Phase 1 mine life is estimated at 2.01 million ounces, with an average annual production of over 200,000 ounces from FY28 to FY35, peaking at 246,000 ounces in FY28 [6]. - The estimated average All-In Site Cost (AISC) is US$1,211 per ounce, with total capital costs for the plant and site infrastructure estimated at US$472 million, including contingencies [6]. - The project is projected to generate an undiscounted free cash flow of US$1,133 million pre-tax and US$706 million post-tax, with a Net Present Value (NPV10%) of US$404 million pre-tax and US$202 million post-tax [6]. Government Engagement - The FID follows constructive engagement with the Government of Tanzania to clarify terms of an existing Framework Agreement for the project's development and operation [7]. Future Exploration - A second phase of resource definition drilling is currently underway, aimed at converting Inferred Mineral Resources into Indicated Mineral Resources, potentially extending the mine's operational life beyond the projected 11 years [8].