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Roscan Gold Announces Fully Subscribed C$1.5 Million Note Financing Led by Strategic Investor and Board Director Michael Gentile
TMX Newsfile· 2025-12-18 15:08
Toronto, Ontario--(Newsfile Corp. - December 18, 2025) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") today announced that the Company has entered into a binding term sheet for a fully subscribed financing of C$1.5 Million through the private placement (the "Private Placement") of a secured convertible note (the "Secured Convertible Note" or the "Note") of the Company with a group of investors (the "Note Holders"). The Notes will carry a 12% coupon over a one (1 ...
Beauce Gold Fields Achieves 88% Drill Success Rate at the Grondin Zone. 3-D Interpretation Confirms 600 M Mineralized Corridor
Thenewswire· 2025-12-17 13:35
Core Insights - Beauce Gold Fields has achieved a significant milestone with the completion of a Leapfrog™ 3-D geological model for the Grondin Zone, enhancing the understanding of its gold-bearing structures [1][2][10] - The model integrates drill data from 2023 and 2025, providing a three-dimensional visualization of the antiform-saddle reef mineralized system, which has been traced over an 8-km geophysical signature [1][4] - The company reported an impressive 88% drill success rate across its recent campaigns, significantly higher than the typical 20-40% success rate for early-stage gold exploration [5][7] Geological Model Highlights - The 3-D model incorporates various geological data, including digitized drill sections, gold assay intervals, and lithological logs, resulting in a high-resolution visualization of the mineralized system [4][10] - Gold-bearing intervals range from 0.200 ppm to 11 ppm, with a mineralized strike length of 600 meters confirmed [4][5] - The model indicates mineralization extends to depths of approximately 40 meters and remains open along strike and at depth [5][10] Drill Results - A total of 14 out of 16 drill holes returned gold grades of 0.3 g/t Au or higher, confirming the presence of a robust, continuous mineralized corridor [7][8] - Detailed drill results from 2023 and 2025 show various intervals with significant gold concentrations, including notable assays of 11.4 g/t and 8.85 g/t [6][8] - The company plans to utilize the new model to refine drill targeting for the upcoming winter campaign [2][11] Future Exploration Plans - The company intends to deploy a borehole televiewer to determine the precise dip and orientation of gold-bearing structures, which will aid in optimizing deeper drilling efforts [10] - Upcoming exploration will focus on step-out drilling to test lateral continuation along the 600-meter corridor and deeper drilling beyond the confirmed vertical extent of mineralization [11][12] - Integration of new geophysical, geochemical, and historical data sets will further enhance exploration strategies [11][12]
Dryden Gold Provides an Update on Warrant Exercise Including EuroPac Gold Fund and Delbrook Capital Advisors
TMX Newsfile· 2025-12-15 11:30
Core Points - Dryden Gold Corp. has reported that 14,681,130 out of 38,489,148 warrants have been exercised, generating gross proceeds of $4,404,339 [1] - The exercised warrants are priced at $0.30 and will expire on December 28, 2025 [1] - Following the warrant exercises, the company has 207,960,506 common shares outstanding [1] Shareholder Activity - EuroPac Gold Fund has exercised 7,300,000 warrants, increasing its total shareholding to 12,350,000 shares, representing 5.94% of the outstanding shares [2] - Delbrook Capital Advisors has exercised 6,829,270 warrants, bringing its total shareholding to 23,553,205 shares, or 11.33% of the outstanding shares [2] - The Board of Directors has approved Delbrook Capital Advisors as an insider of the company [2] Financial Outlook - The company currently has a treasury of $8,800,000, which will support an expanded exploration program in 2026 [4] - There is potential for additional warrants to be exercised before the expiration date, which could further enhance the company's treasury [4] Company Overview - Dryden Gold Corp. is focused on discovering high-grade gold mineralization and is listed on the TSX Venture Exchange, OTCQB, and Frankfurt Exchange [6] - The company controls a 100% interest in a strategic land position in the Dryden District of Northwestern Ontario, which includes historic gold mines with limited modern exploration [6] - The property has high-grade gold mineralization over a potential strike length of 50 km along the Manitou-Dinorwic deformation zone and benefits from excellent infrastructure and relationships with First Nations communities [6]
BULGOLD Provides Exploration Update on the Lutila Gold Project
Globenewswire· 2025-12-12 12:15
TORONTO, Dec. 12, 2025 (GLOBE NEWSWIRE) -- BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) announces that it has now completed exploration diamond drilling on the Lutila Gold Project located in Central Slovakia. The Lutila exploration licence covers an area of 32.2km² and is prospective for quartz-adularia, low-sulfidation epithermal gold mineralisation. The Company completed two diamond drill holes as part of its exploration programme. One hole was drilled into the Horna Klapa target area which is l ...
Cosigo Resources Announces Private Placement And Assembles A Pulverization Mill And Camp Level Metallurgical Gravity Lab
Thenewswire· 2025-12-10 19:50
VICTORIA, CANADA – December 10, 2025 – TheNewswire - Cosigo Resources Ltd. (“Cosigo” or the “Company”) (TSXV: CSG). The Company wishes to announce a Private Placement of up to CAD$1,000,000. The Private Placement will consist of Units priced at CAD$0.08 with a full warrant priced at CAD$0.15. Each warrant will entitle the holder to purchase an additional common share at a price of CAD$0.15 for a period of 60 months from the date of closing of the Private Placement. The Private Placement is being offe ...
Metals Creek Files for Final Approval, Closes Second Tranche of Private Placement Financing
Newsfile· 2025-12-10 13:01
Core Viewpoint - Metals Creek Resources Corp. has filed for final approval of its private placement financing and has successfully closed the second tranche of this financing, raising a total of $663,500 through the issuance of flow-through and non-flow-through units [1][2][3]. Financing Details - The second tranche involved the issuance of 1,400,000 flow-through units at $0.04 each, contributing to a total of 10,025,000 flow-through units and 7,500,000 non-flow-through units across both tranches [2]. - Each flow-through unit consists of one common share and half a common share purchase warrant, with full warrants exercisable at $0.06 for two years [2]. - The non-flow-through units consist of one common share and one common share purchase warrant, with warrants exercisable at $0.06 for five years [2]. Use of Proceeds - Proceeds from the financing will be allocated for exploration activities on the company's properties in Newfoundland and Ontario, specifically targeting the Ogden project [4]. Company Background - Metals Creek Resources Corp. is a junior exploration company based in British Columbia, with its shares traded on the TSX Venture Exchange under the symbol "MEK" [5]. - The company holds a 50% interest in the Ogden Gold Property, which includes the former Naybob Gold mine, located south of Timmins, Ontario [5].
Spanish Mountain Gold (CVE:SPA) Shares Down 14.8% – What’s Next?
Defense World· 2025-12-07 07:52
Spanish Mountain Gold Ltd. (CVE:SPA – Get Free Report) shares traded down 14.8% during mid-day trading on Friday . The stock traded as low as C$0.23 and last traded at C$0.23. 1,669,179 shares changed hands during mid-day trading, an increase of 229% from the average session volume of 507,406 shares. The stock had previously closed at C$0.27. Get Spanish Mountain Gold alerts: Wall Street Analyst Weigh InSeparately, Atrium Research upgraded shares of Spanish Mountain Gold to a “strong-buy” rating in a resear ...
Dynasty Gold Closes Non-Brokered Financing
Newsfile· 2025-12-05 23:38
Core Viewpoint - Dynasty Gold Corp. is set to close a non-brokered private placement for total gross proceeds of $751,800, which will support its current drill program and the 2026 exploration program [1] Summary by Sections Private Placement Details - The company received subscriptions for 1,255,555 units of non-flow-through common shares, generating proceeds of $226,000. Each unit consists of one common share priced at $0.18 and one-half common share purchase warrant, with whole warrants allowing purchase of one common share at $0.30 for 24 months [2] - The flow-through financing includes 2,390,000 units for proceeds of $525,800. Each flow-through unit consists of one flow-through share at $0.22 and one-half common share purchase warrant, with whole warrants allowing purchase of one non-flow-through common share at $0.33 for 24 months [3] Use of Proceeds - Gross proceeds from the flow-through offering will be allocated to incur "Canadian exploration expenses" related to the Thundercloud gold project in Ontario, with proceeds renounced to subscribers by December 31, 2025 [4] Company Overview - Dynasty Gold Corp. is a Canadian mineral exploration company focused on gold exploration in North America, particularly the Thundercloud property in Ontario and the Golden Repeat project in Nevada [6]
Aben Gold Signs Option Agreement with Kingfisher Metals for Forrest Kerr Project in the Golden Triangle
Globenewswire· 2025-12-04 10:00
Core Viewpoint - Aben Gold Corp. has entered into an option agreement with Kingfisher Metals Corp. for Kingfisher to acquire a 100% interest in the Forrest Kerr Project over a three-year period, involving a total commitment of CAD $2.7 million in cash and shares [1][2]. Agreement Details - The option agreement allows Kingfisher to earn 100% interest in the Forrest Kerr Project by making cash payments and issuing shares totaling CAD $2.7 million over three years [2]. - The cash payment schedule includes: - CAD $150,000 on the closing date - CAD $150,000 within six months - CAD $200,000 within twelve months - CAD $700,000 within thirty-six months - The share issuance will total CAD $1.5 million, with the deemed price being the higher of the 5-day VWAP or the last closing price less a maximum allowable discount of 25% [3]. Project and Company Focus - Aben Gold will receive CAD $2.7 million in cash and shares, allowing the company to focus on its flagship Justin Gold Project in Yukon, while Kingfisher will operate the Forrest Kerr Project during the option period [4][5]. - Kingfisher Metals Corp. is focused on copper-gold exploration in the Golden Triangle of British Columbia and has consolidated a significant land position in the region [5]. Company Background - Aben Gold Corp. is a Canadian gold exploration company with projects in Yukon and British Columbia, aiming to increase shareholder value through new discoveries [7]. - The company has 23.2 million shares outstanding [8].
Aben Gold Signs Option Agreement with Kingfisher Metals for Forrest Kerr Project in the Golden Triangle
Globenewswire· 2025-12-04 10:00
Core Viewpoint - Aben Gold Corp. has entered into an option agreement with Kingfisher Metals Corp. for Kingfisher to acquire a 100% interest in the Forrest Kerr Project over a three-year period, involving a total commitment of CAD $2.7 million in cash and shares [1][2]. Agreement Details - The option agreement allows Kingfisher to earn 100% interest in the Forrest Kerr Project by making cash payments and issuing shares totaling CAD $2.7 million over three years [2]. - The cash payments and share issuance schedule is as follows: - On Closing Date: CAD $150,000 cash and CAD $500,000 in shares - Within 6 months: CAD $150,000 cash and CAD $500,000 in shares - Within 12 months: CAD $200,000 cash and CAD $500,000 in shares - Within 36 months: CAD $700,000 cash [3]. Project and Company Background - The Forrest Kerr Project consists of 50 mineral claims covering approximately 20,197 hectares located in the Golden Triangle of British Columbia [1]. - Kingfisher Metals Corp. is focused on copper-gold exploration in the Golden Triangle and has consolidated a significant land position in the region, including the 933 km² HWY 37 Project and the 202 km² Forrest Kerr Project [5]. - Aben Gold Corp. aims to enhance shareholder value through new discoveries and development of exploration projects in favorable jurisdictions, with its flagship project being the 7,400-hectare Justin Gold Project in Yukon [7].