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Callinex Changes Name to Visionary Copper and Gold Mines Inc.
Globenewswire· 2025-08-26 12:30
VANCOUVER, British Columbia, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Callinex Mines Inc. (the “Company” or “Callinex”) (TSX-V: CNX; OTCQX: CLLXF) is pleased to announce that it has changed its name to “Visionary Copper and Gold Mines Inc.” (the “Name Change”). The Company's common shares will commence trading under the new name and stock ticker symbol "VCG" at the start of trading on August 28, 2025, on the TSX Venture Exchange. The Name Change better reflects the Company’s plan to pursue its copper and gold proj ...
Tudor Gold Files for Underground Exploration Permit at Treaty Creek and Provides Update on the American Creek Acquisition
Newsfile· 2025-08-14 23:00
Core Viewpoint - Tudor Gold Corp. has filed for an underground exploration permit for the Treaty Creek Project, aiming to enhance access to the high-grade gold SC-1 Zone and improve drilling efficiency [1][2]. Group 1: Underground Exploration Permit - The permit application includes the development of an underground ramp to access the SC-1 Zone and other zones, facilitating definition drilling and expansion drilling [2]. - Underground drilling is expected to reduce time and costs associated with delineating the SC-1 Zone, allowing for year-round drilling operations [2]. Group 2: SC-1 Zone Discovery - The SC-1 Zone was identified in early 2024, with the discovery hole (GS-22-134) intersecting 25.5 meters grading 9.66 g/t gold, 1.23 g/t silver, and 0.24% copper [3]. Group 3: American Creek Acquisition - Tudor Gold plans to acquire all outstanding shares of American Creek, with a shareholder meeting scheduled for August 28, 2025, to approve the transaction [7]. - Upon completion of the acquisition, Tudor Gold's interest in the Treaty Creek Project will increase from 60% to 80% [8]. Group 4: Mineral Resources - The Treaty Creek Project hosts an Indicated Mineral Resource of 21.66 million ounces of gold grading 0.92 g/t, 2.87 billion pounds of copper grading 0.18%, and 128.73 million ounces of silver grading 5.48 g/t [8]. - Additionally, it has an Inferred Mineral Resource of 4.88 million ounces of gold grading 1.01 g/t, 503.2 million pounds of copper grading 0.15%, and 28.97 million ounces of silver grading 6.02 g/t [8]. Group 5: Company Overview - Tudor Gold Corp. is focused on precious and base metals exploration and development in the Golden Triangle of British Columbia, an area known for its significant mineral deposits [10].
Astral Resources NL (AAR) Earnings Call Presentation
2025-07-25 01:45
Project Overview - Astral Resources is advancing the Mandilla project towards a multi-decade gold mining development with a target of 100,000 ounces per annum (kozpa)[1] - The project is located in the Kalgoorlie goldfields of Western Australia[23] - The company has a Mineral Resource inventory of 1.8 million ounces (Moz) and a Probable Reserve of 1.1 Moz[23] Financial Highlights (Pre-Feasibility Study - PFS) - The PFS demonstrates positive financial outcomes at a gold price of A$4,250/oz, including a pre-tax Net Present Value (NPV8) of A$1.4 billion and pre-tax free cash flow of A$2.8 billion[29] - The PFS indicates a payback period of approximately 12 months at a gold price of A$4,250/oz[29] - At a higher gold price of A$5,000/oz, the pre-tax NPV8 increases to A$2.0 billion and pre-tax free cash flow to A$3.9 billion, with a payback period of approximately 9 months[29] - The All-in Sustaining Cost (AISC) is projected to be A$2,085/oz over the Life of Mine (LOM) at a gold price of A$4,250/oz[34] Resources and Reserves - The Theia deposit represents 81% of the Mandilla Mineral Resource Estimate (MRE), containing 1.2 Moz of gold[44] - 95% of the Mandilla MRE converted into the PFS production target[40] - 86% of the Feysville MRE converted into the PFS production target (excluding Think Big fresh)[40] - The total Ore Reserve is estimated at 36.6 million tonnes (Mt) at 0.9 g/t Au for 1.082 Moz[64]
Catalyst Metals (CYL) Earnings Call Presentation
2025-07-24 01:15
Noosa Mining Conference Corporate Presentation Catalyst Metals Limited July 2025 ASX:CYL catalystmetals.com.au For personal use only CATALYST METALS LIMITED Simple portfolio – two large strategic gold belts underpinning long-term organic growth The Past, Present and Future Consolidation now complete setting up a pathway to 200koz of annual gold production For personal use only Brief history of the consolidation of the Plutonic Gold Belt Strong balance sheet and operating cashflows provide a stable foundatio ...
DLP Resources Announces Commencement of 2025 Drilling on the Aurora Porphyry Copper-Molybdenum-Silver Project in Southern Peru
Newsfile· 2025-07-22 10:00
Core Viewpoint - DLP Resources Inc. has commenced drilling on the Aurora porphyry copper-molybdenum-silver project in southern Peru, marking a significant step in the exploration and potential economic evaluation of the project [1][9]. Group 1: Aurora Project Overview - The Aurora Project is an advanced stage porphyry copper-molybdenum exploration project located in the Province of Calca, southeastern Peru [9]. - A National Instrument 43-101 Technical Report was released on February 27, 2025, detailing the maiden Mineral Resources effective January 31, 2025, prepared by independent AMC Consultants Pty Ltd [2][11]. Group 2: Mineral Resource Highlights - The Aurora Project contains an Inferred Resource of over 1 billion tonnes, with 4,650 million pounds of copper, 1,110 million pounds of molybdenum, and 80 million ounces of silver [5]. - The Inferred Resource is pit-constrained, with a total of 1,050 million tonnes grading 0.20% copper, 0.05% molybdenum, and 2.4 g/t silver, equating to 0.44% CuEq [4][5]. Group 3: Drilling Program and Economic Assessment - The 2025 drilling program will involve 6,000 to 7,000 meters across seven drill holes, focusing on both extension and infill drilling [7]. - A preliminary economic assessment (PEA) is scheduled to begin in August 2025, with an expected completion date in December 2025 [8][9]. Group 4: Historical Context - Historical drilling at the Aurora Project included thirteen holes drilled between 2001 and 2005, totaling 3,900 meters, which encountered significant copper and molybdenum mineralization [9][10]. - The current mineral resource is based on 24 diamond drill holes conducted by DLP, with a total drill meterage of 18,400 meters [11].
Centerra Gold Reports First Quarter 2025 Results; Approved up to $75 Million to Repurchase Shares in 2025; Announces Updated Mineral Resource at Kemess and Advancing Studies on the Project
GlobeNewswire News Room· 2025-05-06 10:01
Core Viewpoint - Centerra Gold Inc. reported its first quarter 2025 operating and financial results, highlighting positive free cash flow, unchanged production guidance, and ongoing project advancements, particularly at the Kemess project [2][3]. Operations - Consolidated gold production for Q1 2025 was 59,379 ounces, with 35,880 ounces from Mount Milligan and 23,499 ounces from Öksüt [6][11]. - Copper production in the quarter was 11.6 million pounds [6]. - Mount Milligan produced 35,880 ounces of gold and 11.6 million pounds of copper, lower than planned due to lower gold grades [23]. - Öksüt produced 23,499 ounces of gold, also lower than planned due to lower grades and unfavorable weather conditions [27]. Financial - First quarter 2025 revenue was $299.5 million, a decrease of 2% from $305.8 million in Q1 2024 [9]. - Net earnings for Q1 2025 were $30.5 million, or $0.15 per share, down 54% from $66.4 million in Q1 2024 [11]. - Cash provided by operating activities was $58.6 million, with free cash flow of $10.0 million [11]. - The company maintained a strong cash position of $608 million, ensuring financial flexibility for ongoing projects [3][10]. Growth Initiatives - The company is advancing a Preliminary Economic Assessment on the Kemess project, expected to be completed by the end of 2025 [3]. - The updated mineral resource at Kemess includes 2.7 million ounces of indicated gold resources and 971 million pounds of indicated copper resources [8]. - Exploration guidance for Kemess has been doubled to between $10 million and $12 million for 2025, focusing on infill drilling and high-grade mineralization [3][8]. Capital Expenditures - Total capital expenditures in Q1 2025 were $46.9 million, with $68.1 million in additions to property, plant, and equipment [11]. - Non-sustaining capital expenditures were $25.8 million, primarily related to the restart of Thompson Creek [11][33]. Guidance - The company maintains its 2025 production guidance of 270,000 to 310,000 ounces of gold and 50 to 60 million pounds of copper [15][16]. - Gold production costs for Q1 2025 were $1,271 per ounce, with all-in sustaining costs of $1,491 per ounce [11][16].