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North Bay Resources Advances Development of Massive Sulphide Zone at Fran Gold Project, British Columbia
Globenewswire· 2025-08-05 13:00
BISHOP, Calif., Aug. 05, 2025 (GLOBE NEWSWIRE) -- North Bay Resources, Inc. (the "Company" or "North Bay") (OTC: NBRI) is pleased to announce initial test mining has been completed at the Company's Fran Gold Project, British Columbia. Development commenced at the location of a massive sulphide surface outcrop with recent assay of 0.5 ounce per ton gold (June 2025). The massive sulphide surface zone is between trenches of known high grade gold mineralization and is now the focus of development. Ore has been ...
Brightstar Resources (A5J) 2025 Conference Transcript
2025-08-05 04:00
Summary of Brightstar Resources (A5J) 2025 Conference Call Company Overview - Brightstar Resources has transitioned from an exploration company to a gold producer, with a focus on operational delivery and production growth [2][5] - The company currently has just under 4,000,000 ounces of mineral resources across the Eastern Goldfields in Western Australia [2][4] Key Projects and Developments - Completed a definitive feasibility study (DFS) for the Menzies and Laverton projects, projecting over $460,000,000 in free cash flow and a net present value (NPV) of $316,000,000 [3] - Current production from two underground mines, Second Fortune and Fish, is approximately 30,000 to 40,000 ounces annually [3][15] - A goal to become a plus 200,000-ounce producer by the end of the decade, with significant growth expected from the Sandstone project [5][12] Strategic Acquisitions - Recent acquisitions include Alto Metals and the Montague East gold project, enhancing the company's asset base [7][28] - The acquisition of Oram Unlimited is expected to significantly derisk development opportunities and add nearly 1,000,000 ounces of resources [4][23] Production and Processing Plans - Plans to construct a 1,000,000 tonne per annum gold processing plant in Laverton, leveraging existing infrastructure [9][14] - Menzies is viewed as a low capital expenditure (CapEx) development opportunity, with a memorandum of understanding (MOU) for processing solutions [10][18] - Sandstone is identified as a flagship asset with potential for a large-scale processing plant of 3,000,000 to 5,000,000 tonnes per annum [11][24] Exploration and Growth Potential - Over 100,000 meters of drilling planned for the next twelve months to expand resources, particularly in Sandstone [11][26] - The Eastern Goldfields region has seen limited investment and exploration, presenting significant opportunities for resource growth [11][20] Financial Position - The company has a market capitalization of approximately $270,000,000, with half held by institutional shareholders [7][8] - Raised $50,000,000 as part of the Oramond transaction, providing balance sheet flexibility [8] M&A Strategy - Brightstar has been active in mergers and acquisitions, acquiring 3,500,000 ounces over the last two years at an average cost of $45 per ounce, significantly lower than the industry average [29] - The focus on consolidation within the gold fields aims to enhance relevance and scale for institutional investment [28] Future Outlook - Targeting final investment decisions (FID) for Menzies and Laverton by the end of the year, with production ramping up from 2027 [12][33] - The company emphasizes operational delivery and the transition from exploration to production as key to capturing value for shareholders [33][34] Conclusion - Brightstar Resources is positioned for significant growth in gold production, with a robust pipeline of projects and a strategic focus on operational efficiency and resource expansion [32][34]
Kuya Silver Reports Strong Q2 Production Growth with 87% Increase in Mineralized Material Mined
Newsfile· 2025-07-15 11:00
Core Viewpoint - Kuya Silver Corporation reported significant operational advancements at the Bethania silver project during Q2 2025, highlighted by an 87% increase in mineralized material mined and ongoing efforts to ramp up production towards a target of 100 tonnes per day by Q3 2025 [1][2][3] Production Highlights - Mineralized material mined increased from 654.8 tonnes in Q1 2025 to 1,224.4 tonnes in Q2 2025, marking an 87% increase [4] - Development metres advanced significantly, with 262.9 metres achieved in Q2 2025 compared to 161.0 metres in Q1 2025 [4] - Average silver grades improved from 9.05 oz/t in Q1 to 10.73 oz/t in Q2, while lead grades rose from 2.60% to 3.64% [7] Operational Developments - The company is enhancing its operational infrastructure with the installation of pneumatic shovels and other critical equipment to support increased production rates [3][11] - As of early July, the Bethania mine had opened ten working faces, with four actively operating, which is essential for achieving the target production rate [11] Revenue Generation - Kuya Silver successfully shipped 1,761 wet tonnes of historical silver concentrate from the Silver Kings Project, generating provisional revenue of USD $1.18 million [14] - The average realized price for silver increased to $36.44/oz in Q2 2025, contributing to overall revenue growth [5] Community Engagement - The company initiated a road maintenance program covering 11.6 kilometers to ensure safe access for personnel and efficient transport of equipment [12]
紫金矿业20250315
2025-03-16 14:53
紫金矿业 20250315 摘要 • 紫金矿业通过海内外并购迅速成长,至 2023 年铜产量全球第五,黄金产 量全球第七,拥有显著的铜、金和碳酸锂储量。受益于铜价上涨和产量增 长,2021 年至今利润复合增速达 50%,2024 年净利润预计 320 亿元, 同比增长 50%。 • 紫金矿业规划到 2028 年铜产量达 150-160 万吨,黄金 100-110 吨,碳 酸锂 25-30 万吨,提前实现目标。2025 年预计铜产量 115 万吨,黄金 85 吨,碳酸锂因锂价下调至 4 万吨。卡莫拉项目电力问题导致铜产量预期 下调。 • 紫金矿业在低品位矿山开采方面经验丰富,具备全流程管理能力,能有效 缩短建设周期、提前投产并节约成本。通过收购亏损项目并提升效益,如 波尔铜矿和苏里南罗罗斯贝尔金矿,实现盈利回升或扭亏为盈。 • 紫金矿业未来几年将继续提升投资与产量,预计年复合增速约为 10%,黄 金业务增速约为 7%-8%。金价上涨及毛利占比提升将显著增强公司的估 值与利润弹性,有望迎来估值与业绩双升。 • 紫金矿业铜 C1 成本和黄金全维持成本均处于全球前 20%分位,具备明显 成本优势。通过持续收并购优质项 ...