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Goldshore Announces Filing of Q2 Financial Statements and Provides Second Quarter Corporate Highlights
Newsfile· 2025-08-29 22:43
Goldshore Announces Filing of Q2 Financial Statements and Provides Second Quarter Corporate HighlightsAugust 29, 2025 6:44 PM EDT | Source: Goldshore Resources Inc.Vancouver, British Columbia--(Newsfile Corp. - August 29, 2025) - Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) (FSE: 8X00) ("Goldshore" or the "Company") is pleased to announce that it has filed its second quarter interim financial statements and the accompanying Management's Discussion and Analysis ("MD&A") which are availa ...
Newcore Gold Announces Annual Grant of Equity Incentive Awards
Globenewswire· 2025-08-29 21:00
VANCOUVER, British Columbia, Aug. 29, 2025 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) announces the annual grant of equity incentive awards. Newcore has granted 2,815,000 stock options, 1,880,000 restricted share units and 525,000 performance share units (together the "Equity Incentive Awards") to employees, consultants, directors and executives of the Company. The stock options were granted at a price of $0.64 per share for a period of five years. The Equ ...
East Africa Metals Provides Update on Magambazi Project, Tanzania
Newsfile· 2025-08-29 20:05
East Africa Metals Provides Update on Magambazi Project, TanzaniaPositioning Ubora as Development Partner and Advancing Formal Mining Plan to Enable License Renewal and Initiate Mine DevelopmentAugust 29, 2025 4:05 PM EDT | Source: East Africa Metals, Inc.Vancouver, British Columbia--(Newsfile Corp. - August 29, 2025) - East Africa Metals Inc. (TSXV: EAM) (FSE: EA1) (OTC Pink: EFRMF) ("East Africa" or the "Company") is pleased to provide an update on the status of its Handeni Properties in Tan ...
Blue Lagoon Resources takes a less-trodden path to production in a strong gold market
Proactiveinvestors NA· 2025-08-29 19:16
Blue Lagoon Resources Inc (CSE:BLLG, OTCQB:BLAGF) goes about its business a little differently than most junior mining companies, and this summer marked the culmination of its unwavering – and decidedly entrepreneurial – effort to develop a high-grade underground gold project in British Columbia. The pending start of production at its Dome Mountain Project, where a ribbon-cutting ceremony was held on July 9, has been years in the making. Now, first ore as an operating mine is expected to be sent for milli ...
Exploits Discovery eyes resource expansion with high-grade gold projects in Eastern Canada
Proactiveinvestors NA· 2025-08-29 18:22
It’s a good time to be in the gold exploration business, and even more so if you have projects in safe jurisdictions, given the current geopolitical environment. That said, exploration brings its fair share of challenges: you need a special combination of project quality, personnel, and the knack to create your own good fortune in order to come out on top. From that perspective, Exploits Discovery Corp (CSE:NFLD, OTCQX:NFLDF) seems built for success. Focusing on well-known mining districts in Eastern Canad ...
Gold Hunter Resources ready for next exploration stage in Newfoundland's gold frontier
Proactiveinvestors NA· 2025-08-29 18:18
Gold Hunter Resources Inc (CSE:HUNT, OTCQB:HNTRF) is not just another junior explorer with a big land package. It is a team that delivered meaningful shareholder value in 2024 and is now returning to Newfoundland with a fully consolidated district, deep technical leadership, and a strategy rooted in data, geology, and discipline. At the heart of the company’s plan is the Great Northern Project, a 26,000-hectare district-scale land package running along the Doucers Valley Fault. While nearly 500 historical ...
Headwater Gold succeeding with portfolio, business model that fits the times
Proactiveinvestors NA· 2025-08-29 17:02
Industry Overview - The Western United States, particularly Nevada, is recognized as a highly attractive jurisdiction for mineral exploration due to its established mining culture, supportive policies, and prospectivity in areas like the Carlin Trend [1][2][3] - The current administration is improving permitting timelines, which benefits exploration companies [3] Company Strategy - Headwater Gold Inc. is advancing multiple projects in Nevada and Idaho, utilizing a business model that combines direct-funded discovery with a prospect generator strategy to minimize shareholder dilution [2][3][5] - The company emphasizes a portfolio approach in early-stage exploration, testing multiple targets simultaneously to increase the probability of discovery [4] Partnerships and Funding - Headwater has formed significant partnerships, including a notable deal with Newmont Corporation, which involves a minimum commitment of US$5 million in exploration work for the Spring Peak project [5][8] - OceanaGold has also partnered with Headwater, committing to a minimum spending of US$2.5 million across three projects in northern Nevada [9][10] - Headwater operates as the project operator in these partnerships, earning a 10% management fee on exploration work, which helps maintain a low corporate burn rate [11] Project Highlights - Headwater's projects include Midas North in Nevada, which is near a historic mining district and shows potential for significant discoveries based on early drilling results [12][13] - The Crane Creek project in Idaho features a 4-kilometer-long gold anomaly and has returned high-grade intercepts, indicating potential for vein-hosted discoveries [14] Future Plans - The company is preparing for multiple drilling programs, with Newmont-funded exploration expected to commence at the Lodestar project [15][16] - Drilling at the TJ project, under the OceanaGold partnership, is anticipated to start in the latter half of 2025 [16] Team Expertise - Headwater's success is supported by a team of experienced geologists with backgrounds in major and junior exploration, enhancing credibility and trust with partners [17][18]
Agnico (AEM) Up 11.9% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-08-29 16:31
A month has gone by since the last earnings report for Agnico Eagle Mines (AEM) . Shares have added about 11.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Agnico due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.Agnico Eagle's Q2 Earnings Beat Estimates on Higher ...
Dundee Precious Metals Announces UK Court Approval of Acquisition of Adriatic Metals and ASX Listing Approval
Globenewswire· 2025-08-29 15:05
Group 1 - Dundee Precious Metals Inc. (DPM) has received court approval for its acquisition of Adriatic Metals plc, with the transaction expected to close on September 3, 2025 [1] - DPM has been granted approval for admission to the official list of ASX Limited as an ASX Foreign Exempt Listing, with official quotation of DPM's CHESS Depositary Interests to follow the completion of the transaction [2] - DPM aims to become a mid-tier precious metals company through sustainable and efficient gold production, focusing on the development of quality assets and maintaining a strong financial position [3]
Galantas Report Financial Results for the Quarter Ended June 30, 2025
Globenewswire· 2025-08-29 06:00
Core Viewpoint - Galantas Gold Corporation reported its unaudited financial results for the second quarter of 2025, highlighting a significant reduction in losses compared to the same period in 2024, despite no revenue generated from concentrate sales [1][2][3]. Financial Highlights - Revenue for the quarter ended June 30, 2025, was $0, consistent with the same quarter in 2024 [2]. - Total costs and expenses of operations decreased to $14,471 in Q2 2025 from $30,318 in Q2 2024, indicating improved cost management [2]. - The net loss for the quarter was $710,035, a substantial decrease from the loss of $1,591,619 in the same quarter of 2024, reflecting a positive trend in financial performance [3]. - Cash loss from operating activities before changes in non-cash working capital was reduced to $151,930 in Q2 2025 from $961,910 in Q2 2024, showing improved operational efficiency [3]. - The working capital deficit increased to $18,510,440 as of June 30, 2025, compared to $12,593,186 a year earlier, indicating ongoing financial challenges [3]. - Cash balance at June 30, 2025, was $245,085, down from $395,514 at the same date in 2024, reflecting liquidity pressures [3]. Operational Safety and Compliance - The company prioritizes safety, maintaining a zero lost time accident rate since the start of underground operations, and demonstrates high levels of regulatory compliance through environmental monitoring [4].