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Site visit: Minaurum eyes first resource at Alamos in Mexico within weeks
MINING.COM· 2025-11-28 20:28
Minaurum Gold CEO Darrell Rader (L) and Vice-President of Exploration Stephen Maynard in the core shack at the Alamos project. Image: Amanda Stutt On a plateau high up in the Alamos mountain ranges of Mexico’s Sonora state, Stephen Maynard casts a sweeping gesture across the valley, indicating where the two main shoots of the Promontorio vein zone intersect at the Alamos silver project. Maynard, the vice-president of exploration at Minaurum Gold (TSXV: MGG; US-OTC: MMRGF), sees the potential as the company ...
CMX Set For Major 2026 Geophysical Survey And Drill Program On Historic Clayton Silver Mine
Thenewswire· 2025-11-18 01:10
   Calgary, Alberta – November 17, 2025 – TheNewswire - CMX Gold & Silver Corp. ("CMX" or the “Company”) (CSE: CXC) announces its plan to conduct a spring 2026 geophysical survey on its 100%-owned Clayton Silver Project located approximately 40 km southwest of Challis in Custer County, south-central Idaho, U.S.A.  The nearest community is Clayton, located approximately 2.5 km to the south on Highway 75 along the Salmon River.  The Company’s plans for exploration programs in 2026 and extending over the next ...
新股观察|从黄金到稀土与铀:Moonlight (ASX:ML8)IPO闪亮登场 双轮驱动战略迎接高光时刻
Sou Hu Cai Jing· 2025-11-13 10:57
( 图片来源:《澳华财经在线》) 新股观察|从黄金到稀土与铀:Moonlight (ASX:ML8)IPO闪亮登场 双轮驱动战略迎接高光时刻 █ 文|ACB News 《澳华财经在线》证券市场编辑部 所募资金的65.8%将用于对已锁定为最高优先级同时具备快速界定资源量潜质的靶区的勘探,公司上市 后首要目标是,快速完成金矿项目初始资源量(MRE)的圈定。 导读: 金价频创历史新高,稀土与铀价齐升。有色金属及关键金属热度不减的当下,ASX澳交所将迎来一家诸 多光环加身的矿业公司——Moonlight Resources(ASX:ML8)。 这是一家拥有十余个勘探权、勘探面积超过4500平方公里,资产包括黄金( Gold )、稀土(Rare Earths)) 与铀矿(Uranium)勘探资源的矿业新军。 极具勘探潜质的多元化矿产组合、清晰具体的短中期目标,与公司估值直接挂钩的股权激励机制,以及 其背后操盘的清一色澳洲矿业界资深专业人士 …… 这一切,令已在ASX递交招股书的这家公司,被视为本年四季度最值得关注的IPO新股发行公司之一。 《澳华财经在线》获悉,Moonlight Resources Limited(A ...
Sierra Madre Gold and Silver (OTCPK:SMDR.F) 2025 Conference Transcript
2025-11-11 14:32
Summary of Sierra Madre Gold and Silver Conference Call Company Overview - **Company**: Sierra Madre Gold and Silver (OTCPK:SMDR.F) - **Industry**: Mining, specifically silver and gold production - **Location**: Mexico - **Current Production**: Producing silver from La Guitarra mine, with quarterly production between 150,000 and 190,000 ounces since Q4 2024 [1][2] Key Highlights - **Production Achievement**: Successfully put the mine into production on time and on budget, marking a significant milestone for the company [2][6] - **Investor Support**: Welcomed notable investors including Eric Sprott and Fidelity, enhancing the company's financial backing [2] - **Expansion Plans**: Aiming to triple production over the next two years, with plans to increase production capacity from 500 tons per day to 1,500 tons per day [7][9] Financial Performance - **Revenue and Profit**: Generated $5 million in revenue and approximately $1.2 million in net profit in Q2, prior to a surge in silver prices [6] - **Production Costs**: Targeting production costs below $22 per ounce, with potential margins of around $30 per ounce if silver prices remain at $50 [8] Resource and Exploration - **Silver Resource**: Currently holds a resource of 50 million ounces of silver, with plans for 25,000 meters of drilling to increase this resource [5][11] - **Historic Mines**: The company operates in a historically significant silver and gold district with nine historic mines, including the recently opened Coloso and Nazareno mines [4][5] Future Projects - **El Rincón Mine**: Plans to drill at El Rincón, which historically produced silver at 800 grams per ton and gold at 6.5 grams per ton [9][10] - **Tepic Project**: A second project with a resource of about 10 million ounces of silver, but currently not the main focus due to the need for permits [11][14] Management and Ownership - **Management Team**: Includes experienced individuals with a history of successful mine operations in Mexico [3][4] - **Ownership Structure**: Management and founders retain 21% ownership, indicating strong alignment with long-term investor interests [12][13] Market Position - **Valuation**: The company is considered undervalued, with a market cap below CAD 200 million, presenting a potential investment opportunity [12][18] - **Investor Sentiment**: Despite recent market fluctuations, the company is viewed as a good entry point for investors [17][18] Additional Notes - **Permitting Status**: La Guitarra is fully permitted for underground operations, while Tepic requires further permitting [14] - **Support from First Majestic**: First Majestic has been supportive, providing loans and not selling shares on the market, which is seen as a positive for future capital [16][17]
RUA GOLD Bolsters Executive Team with Appointment of Simon Delander, Vice President, Risk, Stakeholder & Regulatory Affairs
Newsfile· 2025-10-20 13:00
Core Insights - Rua Gold Inc. has appointed Simon Delander as Vice President of Risk, Stakeholder & Regulatory Affairs to strengthen its executive team in New Zealand [1][2] - Delander will focus on permitting the Reefton Project and managing regulatory compliance, government relations, and ESG-related risks [2][5] - The company aims to enhance stakeholder engagement and navigate the regulatory landscape effectively [6] Group 1: Appointment and Role - Simon Delander has over 25 years of experience in regulatory affairs and stakeholder engagement within the resource sector [4] - His previous role was Vice President at Endura Mining, where he successfully guided the company through the consenting process [3][4] - Delander has held senior positions at Evolution Mining and MMG, overseeing ESG reporting and risk assessments [5] Group 2: Company Overview - Rua Gold is focused on exploration in New Zealand, controlling over 120,000 hectares in the Reefton Gold District, which historically produced over 2 million ounces of gold [9] - The Glamorgan Project further solidifies Rua Gold's position as a leading high-grade gold explorer, located in a region that has produced 15 million ounces of gold and 60 million ounces of silver [10] - The company is committed to aligning its growth objectives with environmental and social responsibilities [5][6]
White Gold to raise $14.5M for exploration
MINING.COM· 2025-09-22 18:00
Core Viewpoint - White Gold Corp is raising C$20 million ($14.5 million) through a brokered private placement to fund exploration activities in the Yukon Territory of Canada [1] Group 1: Offering Details - Clarus Securities will act as the lead agent, issuing premium flow-through units at C$1.17 per unit, flow-through common shares at C$1.00 per share, and non-premium units at C$0.85 per unit [2] - Each premium unit consists of one flow-through share and one-half of a common share purchase warrant, while the non-premium unit includes one common share and one-half of a warrant, with each whole warrant exercisable at C$1.15 for 24 months [2] Group 2: Shareholder Participation - Agnico Eagle Mines, holding a 19.8% stake in White Gold, plans to participate in the offering to maintain its interest on a partially diluted basis [3] Group 3: Company Overview - White Gold owns a portfolio of 21 properties covering 3,051 km², representing 40% of the Yukon’s White Gold district, with its flagship project hosting four near-surface gold deposits [4] - The updated resource estimate indicates 1.73 million oz. of gold in indicated resources and 1.27 million oz. in inferred resources, positioning White Gold among the top 3 gold projects in the Yukon [5] Group 4: Future Plans and Exploration - The CEO of White Gold expressed intentions to increase the scale of the project and advance it to a Preliminary Economic Assessment (PEA) to demonstrate its economic potential [6] - Ongoing exploration activities aim to unlock additional value across the extensive land package, targeting gold and critical mineral opportunities in the underexplored White Gold district [6] - Recent regional exploration has led to new discoveries and prospective targets, bordering significant gold and copper projects, including Newmont's Coffee project and Western Copper and Gold's Casino project [6]
Wesdome Provides Comprehensive Eagle River Exploration Update; High Grade 6 Central Zone Extended by 300 Metres with Intercepts Including 115.9 g/t Gold (Cut) Over 1.6 Metres (True Width)
Globenewswire· 2025-09-03 21:30
Core Viewpoint - Wesdome Gold Mines Ltd. is optimistic about the exploration results at its Eagle River mine, particularly in the 6 Central Zone, which has shown significant potential for resource expansion and high-grade mineralization [2][5][10]. Exploration Activities - The 6 Central Zone has been extended by 300 meters, now totaling over 600 meters down-plunge, with high-grade intercepts reminiscent of earlier drill results in the 300 Zone [2][9]. - Drilling at Falcon 311 is extending mineralization down-plunge and to the west, while early surface drilling at Falcon 720 has returned visible gold and anomalous intercepts [3][16]. - The 300 Zone's structural reinterpretation indicates the presence of discrete mineralized lenses, opening new exploration avenues with high-grade trends continuing down dip and laterally [3][12][13]. Drilling Results - Significant drill results include: - Hole 758-E-580: 115.9 g/t Au over 1.8 m core length - Hole 758-E-570: 49.1 g/t Au over 2.2 m core length - Hole 25-805-12: 47.0 g/t Au over 3.4 m core length [6][7][67]. - The drilling program has confirmed high-grade trends and resource expansion potential across multiple zones, including the 6 Central, 300, and Falcon zones [5][67]. Regional Exploration - Drilling across multiple targets continues to validate the exploration model, with high-grade surface drilling results indicating strong potential for extensions [4][21]. - A total of 176 exploration targets have been identified, with 40 earmarked for short-term exploration work [21][22]. Future Plans - The company plans to continue drilling into 2025 to follow up on promising developments and aims to convert as much material as possible before the year-end drilling cutoff date [5][19]. - A nine-month program has been launched to advance exploration, with four rigs currently drilling the first 40,000 meters [19][23]. Technical Reporting - A global model initiative is underway, targeting both underground and surface material near existing infrastructure, with the potential to upgrade resources to a higher-confidence category [18][19]. - An updated technical report is expected in mid-2026, incorporating results from ongoing drilling programs [19].
Element 29 Continues Potential Resource Expansion Drilling at Its Elida Porphyry Cu-Mo-Ag Deposit in Perú
Newsfile· 2025-09-03 13:35
Core Viewpoint - Element 29 Resources Inc. has initiated a new exploration drilling program at its Elida Porphyry Cu-Mo-Ag Deposit in central Peru, aiming to unlock significant resource growth and expand the existing mineral resource estimate [1][2]. Group 1: Drilling Program Details - The drilling program will consist of up to 7,000 meters of diamond drilling, targeting resource expansion beyond the current pit shell to depths exceeding 1,000 meters [3]. - The program includes infill drilling to enhance confidence in the existing mineral resource and improve overall Cu-Mo-Ag grades [3]. - The exploration drilling will utilize a 3D resistivity model from a recent geophysical survey to identify high-priority untested targets [3]. Group 2: Previous Drilling Results - Previous drilling has confirmed higher-grade Cu mineralization extending beyond the current inferred mineral resource estimate, indicating strong growth potential for the Elida deposit [2][4]. - Notable results from drill hole ELID033 included 1,039.6 meters of 0.54% CuEq, with a significant portion showing higher-grade mineralization [5]. - Drill hole ELID036 is expected to enhance overall Cu-Mo-Ag grades and potentially expand resources beyond the current pit shell, targeting a large low-resistivity anomaly [7]. Group 3: Project Location and Infrastructure - The Elida deposit is located within a block of 29 contiguous concessions totaling 19,159.06 hectares, easily accessible from Lima, Peru [8]. - The project benefits from nearby infrastructure, including transportation routes to coastal shipping ports and a hydroelectric generation facility located 15 kilometers from the property [9]. Group 4: Mineral Resource Estimate - An independent pit-constrained Inferred Mineral Resource Estimate outlined 321.7 million tonnes of 0.32% Cu, 0.029% Mo, and 2.61 g/t Ag at a 0.2% Cu cut-off grade [12]. - The mineralization has been traced to depths greater than 900 meters, remaining open for further exploration [11].
Osawi Gold Corp. formed to advance Callinex’s Gold Exploration Portfolio in Manitoba
Globenewswire· 2025-08-21 12:30
Core Viewpoint - Callinex Mines Inc. has established a wholly-owned subsidiary, Osawi Gold Corp., to focus on advancing its gold projects in Manitoba, specifically the Gossan Hill and Island Lake Gold Projects, while maintaining its core operations in base and precious metals [2][3][9]. Group 1: Formation of Osawi Gold Corp. - The creation of Osawi Gold Corp. aims to unlock the potential of Callinex's gold assets and enhance focus on high-grade gold exploration in Manitoba [2][3]. - The subsidiary will allow Callinex to explore strategic initiatives that could deliver significant value to shareholders without diluting existing shares [3][18]. Group 2: Gossan Hill Gold Project Overview - The Gossan Hill Gold Project spans 2,935 hectares and includes the historic Gurney Gold Mine, which produced 25,164 ounces of gold at an average grade of 8.64 g/t from 90,500 tonnes of material [4]. - The project features a high silver-to-gold ratio of 2.86:1, indicating potential for valuable silver alongside gold [4]. - Historical drilling has shown promising results, with mineralization remaining open along strike and at depth, suggesting opportunities for resource expansion [6][9]. Group 3: Island Lake Gold Project Overview - The Island Lake Gold Project covers approximately 40,000 hectares and has a significant strike length of 72 km within the Island Lake Greenstone Belt, which has hosted historic gold mines [12][13]. - The project includes the Ministik deposit, which has a reported historic resource of 166,439 ounces of gold at a grade of 0.39 oz/ton (13.37 g/t) [14]. - Previous exploration efforts have indicated potential for high-grade gold and other critical minerals, with numerous occurrences of gold found within the project area [12][14]. Group 4: Strategic Initiatives and Community Engagement - Callinex is evaluating strategic initiatives to enhance the value of its gold projects, including fostering relationships with stakeholders [18]. - The company emphasizes the importance of building a working relationship with the Garden Hill First Nation, ensuring that exploration aligns with community values and priorities [16][17].
Black Cat Syndicate (BC8) 2025 Earnings Call Presentation
2025-08-06 06:55
Company Overview - Black Cat Syndicate has approximately 708 million shares on issue[26] - The company's market capitalization was around $600 million as of August 5, 2025, with a share price of $0.855[26] - The company had approximately $54 million in cash and bullion as of June 30, 2025[26] - Directors hold approximately 3.7% of the company's shares, representing an investment of around $5.5 million[26] Production and Resources - The company is targeting a production rate of approximately 100,000 ounces of gold by the end of 2025[23, 71] - The company aspires to achieve over 200,000 ounces of gold per year from organic growth projects[24, 71] - Group Resources: 2.5 million ounces of gold at 2.9 g/t Au and approximately 13,000 tonnes of antimony at 1.7% Sb[24, 36, 70] - Kal East Gold Resource: 1.3 million ounces of gold at 2.1 g/t Au[37, 41, 43] - Paulsens Gold Resource: 548,000 ounces of gold at 4.0 g/t Au, including a high-grade underground Resource of 400,000 ounces at 9.5 g/t Au[38, 52] - Coyote Gold Resource: 645,000 ounces of gold at 5.5 g/t Au, including an underground Resource of 360,000 ounces at 14.6 g/t Au[38, 62] Operations and Growth - Gold production increased 33% quarter-over-quarter, with mine ramp-ups ongoing[24] - Kal East gold production increased 37% quarter-over-quarter to 12,156 ounces for the June Quarter[37, 43, 44] - Paulsens gold production increased 29% quarter-over-quarter to 4,600 ounces for the June Quarter[38, 52, 53] - Paulsens development increased 36% quarter-over-quarter to 1,684 meters[52, 53]