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CORRECTION FROM SOURCE: Video - CEO Clips Bold Ventures Advances Exploration at Burchell and Highlights Ring of Fire
TMX Newsfile· 2026-02-28 20:36
Company Overview - Bold Ventures Inc. is advancing exploration at its Burchell property in Ontario following a new gold discovery with samples reaching up to 68 grams per tonne [1] - The company is currently awaiting results from recent winter drilling and is monitoring activities in the Ring of Fire region [1] Industry Context - The exploration activities are taking place in a region known for its mineral potential, which may present further investment opportunities [1]
Newmont Corporation (NEM): A Bull Case Theory
Yahoo Finance· 2026-02-28 16:59
Company Overview - Newmont Corporation operates as a gold producer and explores for copper, silver, lead, zinc, and other metals, with operations in the United States and internationally [3]. Market Position and Price Target - Newmont Corporation's share was trading at $122.13 as of February 20th, with a trailing P/E of 15.66 and a forward P/E of 15.82 [1]. - The target price for Newmont is set at $126.88, indicating a potential 4.2% increase from the previous close of $121.80 [3]. Financial Performance - Newmont reported a strong Q3 2025 performance, with earnings per share exceeding estimates by 32.56% and record free cash flow of $1.6 billion, alongside near-zero net debt [4]. - The company has a significantly strengthened balance sheet and capital flexibility, enhancing its operational capabilities [4]. Production and Operational Catalysts - The Ahafo North Mine has reached commercial production, which is expected to improve efficiency and contribute significantly to future output [4]. Analyst Sentiment and Stock Performance - Analyst consensus ratings for Newmont are at Buy, with a price target of $125, supported by a recent upgrade from RBC Capital Markets that contributed to a 4.8% increase in stock price [5]. - The stock is trading above key moving averages and has shown strong 20-day returns of 8.29%, indicating continued upward momentum [5]. Industry Outlook - Major banks, including Wells Fargo and JPMorgan Chase, have raised long-term gold price forecasts to approximately $6,100–$6,300 by 2026, reinforcing expectations of sustained profitability in the gold mining industry [4].
SONORO ANNOUNCES UPDATED MINERAL RESOURCE ESTIMATE AND ROBUST UPDATED PEA FOR CERRO CALICHE GOLD PROJECT: AFTER-TAX NPV OF USD $224 MILLION AND AFTER-TAX IRR OF 50%
Globenewswire· 2026-02-28 13:00
Core Viewpoint - Sonoro Gold Corp. has announced an updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) for its Cerro Caliche gold project, indicating significant potential for a viable mining operation over a ten-year life of mine with increased production rates and favorable economic metrics [1][5]. Updated PEA Highlights - The PEA is based on a base case gold price of $3,500/oz and silver price of $48/oz, showing a pre-tax net present value (NPV8) of $360 million and an internal rate of return (IRR) of 65% [4][13]. - At spot prices of $5,186/oz gold and $88/oz silver, the pre-tax NPV8 increases to $846 million with an IRR of 121% [6][13]. - The project has a gold recovery rate of 72% and a silver recovery rate of 27%, with a total of 459,000 ounces of gold equivalent expected over the life of the mine [6][15]. Mineral Resource Estimate - The updated MRE includes 51,752 k tonnes classified as Measured and Indicated resources, with an average gold grade of 0.37 g/t and silver grade of 3.7 g/t [11]. - Inferred resources are estimated at 8,801 k tonnes with a gold grade of 0.33 g/t [11]. Economic Parameters - Initial capital expenditures (CAPEX) are estimated at $83 million, with sustaining capital costs of $26 million [6][18]. - The cash operating costs are projected at $1,842 per gold equivalent ounce, with all-in sustaining costs (AISC) at $1,902 per ounce [6][30]. Mining and Processing - The mining operation will utilize an open pit, heap leach method, with an initial production rate of 12,000 tonnes per day ramping up to 16,000 tonnes per day [1][18]. - The total tonnes processed over the life of the mine is estimated at 52.8 million, with a strip ratio of 1.6 [15]. Sensitivity Analysis - The PEA includes sensitivity analysis showing how changes in gold and silver prices affect the project's NPV and IRR, indicating robust economic viability under various scenarios [16][20].
Vanguard Mining Identifies Two New Gold-Copper Soil Anomalies at Brussels Creek as Gold Trades Higher and Copper Fundamentals Strengthen
Thenewswire· 2026-02-28 03:40
Core Insights - Vanguard Mining Corp. has identified two new anomalous zones from a 127-sample soil geochemical survey at its Brussels Creek Gold-Copper-Palladium Project in British Columbia, indicating potential for expanded mineralization [1][4][5] Survey Results - The soil survey revealed gold values ranging from 1 to 88 parts per billion (ppb) and copper values from 28 to 221 parts per million (ppm) [4] - Multiple gold and copper anomalous trends were identified, with significant samples in the 15-30 ppb Au range and notable samples exceeding 75 ppb Au [4] - Two prominent anomalous zones were defined: a western anomaly with elevated gold-in-soil samples and an eastern anomaly with a peak of 76 ppb Au [4] Strategic Context - The results are particularly timely as gold prices are near record highs, driven by central bank accumulation and geopolitical instability, enhancing the strategic value of advancing high-quality gold targets [5] - The project is located adjacent to the New Afton Mine, positioning Vanguard within a proven copper-gold belt, which is significant given the tightening global copper inventories and increasing demand from sectors like electric vehicles and AI infrastructure [5][17] Next Steps - Following the soil survey, Vanguard plans to conduct detailed geological mapping, geophysical surveys, and integrate soil geochemistry with historical data to refine drill-ready targets for 2026 [11] - A follow-up drill program is also planned to further explore the identified anomalies [11] Collaboration and Community Engagement - Vanguard is committed to collaborating with the Secwépemc Nation, focusing on local employment, environmental stewardship, and transparent engagement throughout exploration activities [18][20]
Gelum Plans Acquisition of Las Tinajas Gold Project, Northern Maricunga Belt, Chile
TMX Newsfile· 2026-02-27 22:40
Core Viewpoint - Gelum Resources Ltd. has entered into a letter of intent to acquire a 100% interest in the Las Tinajas Gold Project, which spans 2,600 hectares in the Maricunga Gold Belt, Chile, marking a significant step in the company's corporate development and positioning it as a premier gold exploration company focused on South America [1][2]. Acquisition Details - The Las Tinajas Gold Project is located 120 km northeast of Copiapó, Chile, within the Maricunga Gold Belt, which contains a total of 103 million ounces of gold [1][2]. - The acquisition will involve a total consideration of USD 9 million, with a structured payment plan over four years, including a minimum work commitment of 4,000 meters of drilling [12][13]. Geological and Exploration Highlights - The Las Tinajas project features gold mineralization associated with silicified porphyry intrusions and diatreme breccias, with significant historical drilling results indicating intervals of over 1 g/t gold [2][4]. - Historical drilling campaigns have revealed multiple significant gold intervals, including 43 meters of 1.18 g/t Au and 26 meters of 2.09 g/t Au [9]. - The project area has not been fully explored, with potential for expanding known mineralized centers and testing favorable geological contacts [2][4]. Upcoming Work Program - Gelum plans a two-phase work program to validate historical data and expand surface exploration, followed by drilling to define mineralization and complete a maiden NI 43-101 mineral resource estimate [7]. - Preliminary metallurgical work will also be initiated on representative mineralized samples to establish recovery parameters [7]. Management and Corporate Strategy - Gelum's CEO, Henk Van Alphen, emphasized that the acquisition of Las Tinajas will significantly enhance shareholder value and transform the company into a leading gold exploration entity [2]. - The company is led by experienced management and advisors in the mining and financial sectors, indicating a strong foundation for future growth [16].
International Tower Hill Mines As A Cheap Lever On The Price Of Gold, A Change Worth $115 Million
Seeking Alpha· 2026-02-27 22:23
Group 1 - The focus is on maintaining a delta neutral portfolio, aiming to be long/short simultaneously to benefit from market volatility [1] - The strategy involves using options for entering and exiting trades, primarily targeting small and mid-sized companies for market opportunities [1]
Granada Gold Mine Clarifies Share Offering Details
Thenewswire· 2026-02-27 22:00
Core Viewpoint - Granada Gold Mine Inc. has clarified details regarding the closing of its recent Offering, including the payment of finder’s fees and the issuance of share purchase warrants [1] Group 1: Financial Details - The company paid finder’s fees totaling C$135,730 in cash [1] - A total of 2,714,600 non-transferable share purchase warrants were issued, each exercisable at a price of C$0.07 per share for five years [1] Group 2: Company Operations - Granada Gold Mine Inc. is actively developing and exploring its 100% owned Granada Gold Property near Rouyn-Noranda, Quebec, which spans 14.73 square kilometers [3] - The company is currently conducting a large drill program, with 20,000 meters completed out of a planned 120,000 meters [3] - Drilling operations are paused to allow the technical team to evaluate existing data and await improved market conditions [3] Group 3: Historical Context - The Granada Shear Zone and the South Shear Zone contain up to twenty-two mineralized structures trending east-west over five and a half kilometers, with historical underground grades of 8 to 10 grams per tonne gold [4] - The former Granada Gold underground mine produced over 50,000 ounces of gold at 10 grams per tonne in the 1930s [5] - Historical bulk samples extracted in the 1990s included 87,311 tonnes grading 5.17 g/t Au and 22,095 tonnes grading 3.46 g/t Au [5]
KORE Closes Tranche 2 Of The Previously Announced Private Placement And Provides Corporate Updates
Thenewswire· 2026-02-27 21:35
  Vancouver, BC – February 27, 2026 - TheNewswire – KORE Mining Ltd. (TSXV: KORE) (“KORE” or the “Company”) is pleased to announce that, further to its news releases dated December 4, 2025 and October 20, 2025, the Company has received disinterested shareholder approval at its annual general and special meeting held on February 24, 2026 (the “Meeting”) in connection with the closing of Tranche 2 of its previously announced private placement (the “Offering”), which resulted in the creation of a new Control P ...
Renegade Gold to Attend 2026 Prospectors & Developers Association of Canada Convention
TMX Newsfile· 2026-02-27 20:19
Group 1 - Renegade Gold Inc. will attend the 2026 Prospectors and Developers Association of Canada Convention from March 1 to 4, 2026, at the Metro Toronto Convention Centre [1][8] - Attendees can visit Booth 3046 to learn more about the company's exploration activities in the Red Lake Mining District of Northern Ontario [2][8] - Renegade Gold Inc. is a growth-oriented exploration company with a district-scale portfolio in the Red Lake region, focusing on advancing defined gold resources and development-stage assets [3][4] Group 2 - The company has assembled one of the largest and most prospective land packages in Red Lake, totaling approximately 1,380 km², strategically located near producing mines and advanced-stage deposits [4] - Renegade's diversified portfolio includes advanced exploration assets with established Mineral Resources and earlier-stage targets along key structural corridors that host significant gold discoveries in Red Lake [4]
Video - CEO Clips: Erdene Resource Development Advances High-Grade Gold Project in Mongolia
TMX Newsfile· 2026-02-27 18:30
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Erdene Resource Development (TSX: ERD) (OTCQX: ERDCF) is producing at a high-grade gold project in an underexplored district in Mongolia while progressing studies and exploration on gold, copper and molybdenum prospects. The company's first mover position and strategic local partnership support continued exploration and multi-commodity growth.Erdene Resource Development. (TSX: ERD) (OTCQX: ERDCF)https://erdene.com/About BTV - Business Tele ...