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American Pacific Stakes Essential Open Ground within the Greater Madison Claim Block
Newsfile· 2025-11-20 12:00
Vancouver, British Columbia--(Newsfile Corp. - November 20, 2025) - American Pacific Mining Corp. (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC1) ("American Pacific" or the "Company") is pleased to announce it has amended and staked nine strategically located claims across its flagship Madison Copper-Gold Project, located just south of Butte, Montana. The claims, which were previously held by outside entities for nearly a century and only recently released for staking, now ensure American Pacific has valuable land ...
Sixty North Gold Announces Project Financing to Restart Operations at the High-Grade Mon Gold Mine
Newsfile· 2025-11-18 14:35
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2025) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold") is pleased to report that on November 17, 2025 it signed a binding commitment letter from Vesta Wealth Partners Ltd. ("Vesta"), an independent investment firm, on behalf of certain accounts and funds managed by it as investment advisor or investment manager, to provide the Company with a $3,600,000 term loan (the "Loan") to fund dev ...
Sixty North Gold to Close Second and Final Tranche of Unit Offering
Newsfile· 2025-11-17 22:05
Core Points - Sixty North Gold Mining Ltd. is closing the second and final tranche of its offering, consisting of 8,904,320 units for gross proceeds of $979,475.20, bringing total gross proceeds to $1,649,969.20 [1][4] - Each unit is priced at $0.11 and includes one common share and one non-transferable common share purchase warrant, exercisable at $0.15 for 24 months [2] - Finder's fees of $76,758 in cash and 697,800 finder's warrants were paid on portions of the second tranche [3] Financial Details - The total gross proceeds from both tranches of the offering amount to $1,649,969.20 [1] - The net proceeds will be allocated for exploration and development of the Mon Gold Property and general working capital [4] Company Overview - Sixty North Gold is developing mining operations at its 100% owned Mon Gold Project, which previously extracted 15,000 tonnes of ore, recovering an estimated 15,000 ounces of gold [5] - The North Ramp has been reopened and extended to target portions of the vein, with plans to develop stopes in various zones to support a 100 tpd gravity-flotation mill [5] - The Yellowknife gold camp has a history of significant gold production, with two mines averaging 30 gpt gold or better [6]
NorthWest Announces Significant Intercept of 36.0 Metres Grading 0.80% Copper and 3.21g/T Gold (3.67% CuEq) at Kwanika From 285 Metres
Globenewswire· 2025-11-12 11:45
Core Viewpoint - NorthWest Copper Corp. has reported exceptional assay results from its Kwanika project, particularly from drill hole K-25-280, which intersected high-grade copper-gold zones, indicating strong potential for enhanced economic assessments in future evaluations [1][2]. Drill Results - Drill hole K-25-280 intersected significant mineralization, including 36 metres grading 0.80% Cu and 3.21 g/t Au (3.67% CuEq) in the Central Zone, marking the best result of the 2025 drilling program to date [1][3]. - The Pit Zone showed 66 metres of 0.48% Cu and 0.16 g/t Au (0.64% CuEq), with notable intervals including 30 metres of 0.55% Cu and 0.22 g/t Au (0.77% CuEq) [3][12]. Exploration Program - The 2025 drilling program encompasses 6,435 metres aimed at defining higher-grade zones, focusing on underground targets with grades 150% - 250% higher than those in the 2023 Preliminary Economic Assessment (PEA) [4][6]. - Results from the first four holes have met or exceeded expectations, suggesting potential improvements in the economics of the 2023 PEA [4][7]. Geological Insights - The Central Zone has shown a combined true width estimate of 52 metres with grades exceeding the targeted range of 1.5-2.5 times the current underground mineral resource [5][14]. - The exploration has revealed consistent metal zonation, with higher gold grades towards the western limit of the Central Zone, which may enhance the project's potential [5][14]. Future Outlook - The company anticipates releasing additional results from the remaining fourteen holes in the coming weeks, which could further validate the exploration strategy and enhance resource estimates [4][7]. - Metallurgical test work results are expected soon, aimed at improving copper and gold recoveries, which could strengthen the next PEA scheduled for mid-2026 [2][4].
Questcorp secures initial investment from Sorbie Bornholm
Yahoo Finance· 2025-11-11 14:25
Questcorp Mining has secured an initial investment from Sorbie Bornholm, a UK-based institutional investor. The funding of C$2m ($1.42m) will support ongoing work at the company’s flagship projects and provide general working capital. Questcorp Mining president and CEO Saf Dhillon said: "We are incredibly pleased to have secured this strategic investment from Sorbie Bornholm, a respected international institutional investor. This financing provides us with the flexibility to accelerate exploration across ...
Barrick(GOLD) - 2025 Q3 - Earnings Call Presentation
2025-11-10 16:00
Third Quarter 2025 Results November 10, 2025 Q3 2025 RESULTS │ 1 Agenda Today's Speakers Mark Hill Group COO & Interim President and CEO Graham Shuttleworth Senior EVP & CFO Q3 2025 RESULTS │ 2 Q3 2025 Highlights 1 2 Safety & Health 3 Operational Highlights 4 Group Financial Highlights 5 Capital Allocation 6 Regional Results 7 2025 Guidance 8 Q&A Cautionary Statement on Forward-Looking Information Certain information contained or incorporated by reference in this presentation, including any information as t ...
Inventus Announces Bulk Sample Processing Underway and Provides Drill Program Update
Globenewswire· 2025-11-06 12:00
TORONTO, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSXV: IVS) (“Inventus” or the “Company”) is pleased to announce that processing of the 007 North bulk sample from its wholly-owned Pardo Gold Project, located 65 km northeast of Sudbury, Ontario, is ongoing at McEwen Inc.’s Stock Mill. Highlights Milling is currently underway for the fully permitted 4,816-tonne 007 North bulk sample that returned a weighted average grade and thickness of 3.84 gpt gold and 1.82 metres from 28 drill holes (see ...
Silicon Metals Corp. Completes Initial Assessment Surveys at Longworth and Silica Ridge Projects in BC
Newsfile· 2025-11-06 10:00
Silicon Metals Corp. Completes Initial Assessment Surveys at Longworth and Silica Ridge Projects in BCNovember 06, 2025 5:00 AM EST | Source: Silicon Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - November 6, 2025) - SILICON METALS CORP. (CSE: SI) (FSE: X6U) ("Silicon Metals" or the "Company") is pleased to announce that it has completed an initial assessment survey of both its 100% owned Longworth and Silica Ridge silica Projects in British Columbia.At the Silica Ridge Property, a ...
Grande Portage Announces Non-Brokered Private Placement - Pursuant to the Listed Issuer Financing Exemption
Accessnewswire· 2025-11-04 23:55
Core Viewpoint - Grande Portage Resources Ltd. is conducting a non-brokered private placement to raise up to C$1,000,000 through the issuance of up to 4,347,826 units at a price of C$0.23 per unit, aimed at funding the exploration and development of its New Amalga Mine project in Alaska [1][5]. Financing Details - The offering consists of units, each comprising one common share and one warrant, with the warrant allowing the purchase of an additional common share at C$0.35 for 24 months [2]. - The offering is exempt from statutory hold periods in Canada, subject to limitations under the LIFE Exemption [2]. - Insiders and existing shareholders may participate in the offering [3]. Finder's Fees and Warrants - The company may pay finders' fees and issue finders' warrants to eligible persons, allowing the purchase of common shares at C$0.23 for 24 months, subject to a statutory hold period [4]. Use of Proceeds - Net proceeds from the offering will be allocated to the exploration and development of the New Amalga Mine project and for general working capital [5]. Closing Timeline - The offering may close in multiple tranches, with the first tranche expected on November 18, 2025, and the final closing by December 19, 2025, pending necessary approvals [6]. Company Overview - Grande Portage Resources Ltd. focuses on advancing the New Amalga Mine project, located approximately 25 km north of Juneau, Alaska, holding a 100% interest in the property [8]. - The New Amalga gold system is part of the Juneau Gold Belt, which has historically produced over eight million ounces of gold [8]. Mineral Resource Estimate - The updated NI 43-101 Mineral Resource Estimate indicates an Indicated Resource of 1,438,500 ounces of gold at an average grade of 9.47 g/t Au and an Inferred Resource of 515,700 ounces of gold at an average grade of 8.85 g/t Au [9].
QGold Strengthens its Board of Directors with the Appointment of Scott R.G. Parsons
Globenewswire· 2025-11-04 12:30
Core Insights - Q-Gold Resources Ltd. has appointed Scott R.G. Parsons to its Board of Directors, effective immediately, enhancing the board's expertise in mineral exploration and resource development [1][2] - Scott Parsons brings over 20 years of experience in the mining industry, currently serving as Vice President of Exploration at Alamos Gold Inc., and has a strong track record in overseeing successful exploration projects [2][3] - The appointment follows the resignation of Gregory Biniowsky, with the company expressing gratitude for his contributions [4] Company Overview - Q-Gold Resources Ltd. is a publicly traded mineral exploration and development company focused on advancing gold and silver projects in North America [5] - The company is committed to progressing its flagship Quartz Mountain Gold Project in Oregon and the Mine Centre Gold Project in Ontario towards production [6]