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Liberty Gold Reports Infill and Step-out Drill Results at the Black Pine Gold Project, Idaho
Globenewswire· 2026-01-22 11:00
0.86 g/t Au over 123.4 meters, including 2.45 g/t Au over 24.4 meters in LBP1197 0.67 g/t Au over 61.0 meters in LBP1213, a 175-meter step-out at Rangefront Zone VANCOUVER, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to report additional reverse circulation (“RC”) and core drill results from the 2025 drilling program at the Black Pine Oxide Gold Project (“Black Pine”) in southeastern Idaho, USA. The results refl ...
Omai Gold Mines (OTCPK:OMGG.F) 2025 Conference Transcript
2025-11-11 12:02
Summary of Omai Gold Mines Conference Call Company Overview - **Company**: Omai Gold Mines (OTCPK:OMGG.F) - **Date of Conference**: November 11, 2025 - **Speaker**: Jason Brewster, VP of Operations and Technical Services Key Highlights - **Mineral Resource Update**: Omai Gold Mines reported a total of **6.5 million ounces** of gold across two deposits: the **Wenot deposit** (4.7 million ounces, open pit) and the **Guilk Creek deposit** (1.8 million ounces, underground) [2][3] - **Resource Increase**: This represents a **96% increase** from the previous resource estimate, with an addition of **2.2 million ounces** in one year of drilling [3] - **Preliminary Economic Assessment (PEA)**: The base case PEA conducted in April 2024 indicated a **13-year mine life** with a **Net Present Value (NPV)** of **$560 million** at a gold price of **$1,950** [4] Operational Insights - **Drilling Activities**: Over **30,000 meters** of drilling completed this year, with expectations to reach **40,000 meters** by year-end [5] - **Funding Status**: The company raised **CAD 40 million**, bringing total funds to approximately **CAD 59 million** (or **$41 million USD**) [5] - **Shareholder Structure**: Approximately **718 million shares** outstanding, with no single shareholder holding more than **10%** [7] Geological and Infrastructure Advantages - **Brownfields Site**: The project benefits from existing infrastructure, including road access and an old tailings facility with a capacity of **100 million tons** [4][12] - **Location**: Situated in the **Guyana Shield**, close to the **Eagle Mountain deposit**, with ongoing infrastructure improvements due to the oil sector's growth [9][10] - **Government Support**: Guyana ranked as the **9th** top mining investment jurisdiction globally, with active government efforts to boost mining investments [10][11] Exploration and Future Plans - **Exploration Targets**: Ongoing drilling at near-surface satellite deposits to enhance project economics [3][13] - **Updated PEA**: An updated PEA is in progress to include all **6.5 million ounces** of the deposit [18] - **Geological Findings**: High-grade intersections found at depth, indicating potential for further resource expansion [15][17] Market Context - **Gold Price Trends**: Historical gold prices during the previous production period averaged **$375**, with significant profitability even at lower prices [6] - **Economic Growth**: Guyana is projected to have the highest GDP per capita in the world by **2027**, which may positively impact mining operations [10] Conclusion Omai Gold Mines is positioned for significant growth with a robust resource base, strong funding, and favorable geological and infrastructural conditions. The ongoing exploration and updated economic assessments are expected to further enhance the company's value proposition in the gold mining sector.
VIDEO - Maple Gold Mines: District-Scale Gold Opportunity in the Heart of Québec
Newsfile· 2025-11-03 17:00
Core Insights - Maple Gold Mines Ltd. is advancing exploration and development in Québec's Abitibi Gold Belt, focusing on its Douay and Joutel projects, which have established gold resources and a history of high-grade production [1] Group 1: Company Overview - Maple Gold Mines Ltd. is listed on TSXV as MGM, OTCQB as MGMLF, and FSE as M3G0 [1] - The company holds a significant land package of 481 km² that is underexplored, located along the Casa Berardi break [1] Group 2: Project Highlights - The Douay project has an established multi-million-ounce gold resource [1] - The Joutel project is noted for its past production of high-grade gold [1]
Opus One Gold Obtains 3.79 g/t Gold Over 6.7 m at 57 m From Hole NO-25-03 on its Zone 1 Gold Discovery, Noyell Project
Globenewswire· 2025-05-21 13:00
Core Viewpoint - Opus One Gold Corp has reported promising results from its winter drilling program at the Noyell project, indicating significant gold mineralization in the Zone 1 structure, which may lead to the development of a gold resource close to the surface [1][6]. Drilling Results - Drill hole NO-25-03 returned 3.79 g/t Au over 6.7 m, with a true width of approximately 5.26 m, marking a significant find in the upper portion of the mineralized structure [1][2]. - Drill hole NO-25-02, located approximately 70 m east of NO-25-03, returned a weaker result of 1.06 g/t Au over 0.5 m (true width of 0.47 m) [3]. - Drill hole NO-25-04 reached a target depth of approximately 270 m and returned 2.47 g/t Au over 1.0 m (true width of 0.72 m), indicating areas of weak gold mineralization [4]. Geological Context - The mineralized interval in drill hole NO-25-03 was intersected at a vertical depth of 50 m below the surface, suggesting that gold mineralization may extend to the base of the overburden, which is about 20 m thick in this area [2]. Strategic Location - The Noyell project is located only 25 km south of Matagami, a mining-friendly community, and 14 km from regional road 109, which may contribute to lower exploration and development costs due to proximity to infrastructure [6]. Future Prospects - More assay results are expected soon, which could provide further insights into the potential of the Noyell project [6].