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Carnaby Resources (CNB) 2025 Earnings Call Presentation
2025-08-05 07:40
Diggers & Dealers Mining Forum August 2025 PHOTO OF EAST WALL OF TREKELANO OPEN PIT For personal use only Statements and Disclaimers Competent Persons Statement The information in this document that relates to all exploration results is based upon information compiled by Mr Robert Watkins. Mr Watkins is a Director and shareholder of the Company and a Member of the AusIMM. Mr Watkins consents to the inclusion in the report of the matters based upon the information in the form and context in which it appears. ...
Newcore Gold Drilling Intersects 0.89 g/t Gold over 33.0 Metres and 3.98 g/t Gold over 6.0 Metres, at the Enchi Gold Project, Ghana
Globenewswire· 2025-07-16 10:28
Core Viewpoint - Newcore Gold Ltd. has reported significant drill results from its ongoing 35,000-metre drill program at the Enchi Gold Project in Ghana, confirming the continuity of gold mineralization at the Sewum Gold Deposit and indicating potential for resource growth [1][4][14]. Drilling Results - The drilling program has successfully intersected multiple zones of near-surface gold mineralization, with notable results including hole SWRC258 intersecting 0.89 grams per tonne gold over 33.0 metres and hole SWRC269 intersecting 3.98 grams per tonne gold over 6.0 metres, including a higher-grade interval of 22.62 grams per tonne gold over 1.0 metre [1][6][11]. - A total of 47 reverse circulation holes were drilled, totaling 4,493 metres, with 46 holes intersecting gold mineralization [4][9]. Resource Growth Strategy - The primary focus of the drill program is on resource growth and infill drilling aimed at converting Inferred Resources to Indicated Resources, with the first phase targeting completion of drilling for resource conversion ahead of a Pre-Feasibility Study [3][15]. - The Sewum Gold Deposit has an Indicated Mineral Resource of 20.9 million tonnes grading 0.48 grams per tonne gold, containing 323,300 ounces, and an Inferred Mineral Resource of 21.8 million tonnes grading 0.53 grams per tonne gold, containing 373,100 ounces [5][17]. Geological Insights - The Ridge Zone at Sewum is characterized by a series of stacked sub-parallel gold mineralized structures, with consistent gold mineralization defined over a length of 800 metres within the oxide and transition horizons [5][10]. - Approximately 45% of the gold-in-soil anomaly at Sewum remains untested by drilling, indicating further exploration potential [18]. Future Development Plans - Newcore Gold is advancing development work required for the Pre-Feasibility Study, including diamond drilling for metallurgical, geotechnical, and hydrogeological testwork [4][16]. - Additional exploration activities include metallurgical testwork, trenching, hydrogeological testing, and environmental assessments to enhance the confidence level of the Mineral Resource Estimate [16][25].
Avino Silver & Gold Mines .(ASM) - 2025 Q1 - Earnings Call Presentation
2025-05-13 21:19
Financial Performance - Record Q4 2024 revenues of $244 million, a 95% increase compared to Q4 2023's $125 million[19, 21] - FY 2024 revenues reached a record $662 million, a 51% increase from $439 million in FY 2023[19, 21] - Net income for FY 2024 was $81 million, or $006 per share, significantly higher than the $05 million in FY 2023[19, 21] - Free cash flow generation for FY 2024 was $165 million, a 335% increase compared to $(70) million in FY 2023[19, 21] Production and Costs - 2024 production reached 26 million silver equivalent ounces[12] - 2025 production target is set between 25 million and 28 million silver equivalent ounces[12] - Cash costs per silver equivalent ounce in FY 2024 were $1484, a 5% reduction from FY 2023[24] - All-in sustaining cash costs per silver equivalent ounce in FY 2024 were $2057, a 6% reduction from FY 2023[24] La Preciosa & Oxide Tailings Project - Consolidated NI 43-101 mineral resources total 371 million silver equivalent ounces as of October 16, 2023[12] - Oxide Tailings Project has proven and probable mineral reserves of 67 million tonnes at a silver grade of 55 g/t and a gold grade of 047 g/t[12] - La Preciosa property contains indicated resources of 174 million tonnes with 176 g/t Ag and 034 g/t Au, equating to 99 million ounces of silver and 189 thousand ounces of gold[40]
Probe Gold Announces Infill Drilling Results with Grades Up to 4.4 g/t Au Over 20.0 Metres at Novador Project, Quebec
Globenewswire· 2025-03-04 11:30
Core Viewpoint - Probe Gold Inc. has reported significant results from its Novador in-fill drill program, which is crucial for the upcoming pre-feasibility study, indicating strong continuity and grade of gold mineralization in the Bussiere and Monique deposits [2][3]. Summary by Sections Drill Program Overview - The winter in-fill drill program consists of 50,000 metres initiated in fall 2024, with results from 31 drill holes totaling 9,083 metres [2]. - The program aims to support the 2025 pre-feasibility study for the Novador property located near Val-d'Or, Quebec [2]. Significant Drill Results - Notable gold intercepts were found at various depths, with significant grades reported: - Bussiere deposit: up to 14.8 g/t Au over 4.0 metres (cut) and 18.9 g/t Au (uncut) [5]. - Monique deposit: up to 4.4 g/t Au over 7.0 metres, including 17.1 g/t Au over 1.1 metres [5]. - The results indicate both near-surface and deeper mineralization, with potential for further expansion [3][5]. Company Strategy and Focus - The company is focused on advancing the Novador project, aiming to position it as a leading development project in varying gold price environments [3]. - Progress is being made in permitting, resource growth, and mine plan optimization, enhancing confidence in the project's potential [3]. Geological Context - The mineralization in the Courvan trend, including the Bussiere Mine sector, is characterized by shallow-dipping gold-bearing veins associated with shear zones [9]. - The Monique deposit features mineralization linked to deformation zones, with structures extending laterally up to 2,500 metres [11]. Resource and Land Position - Probe Gold controls a significant land package of 835 square kilometres in the Val d'Or East area, which includes four past-producing mines and contains 80% of the company's gold resources [14]. - The total gold resources in Val-d'Or properties amount to 6,728,600 ounces in the Measured and Indicated category and 3,277,100 ounces in the Inferred category [16].