Core Viewpoint - Austral Gold Limited is making significant progress on the refurbishment of its Casposo Plant in Argentina, with commissioning expected in August 2025 and commercial operations set to begin in the second half of 2025 [2][3]. Refurbishment Progress - Key activities for Q2 2025 have largely been completed, with the remaining tasks expected to finish by early August [3]. - The primary crusher refurbishment has been completed, while the SAG mill relining and installation of new hydrocyclones are currently underway [4][3]. - The company has repaired the SAG mill engine and the engines for leaching tanks, with modifications to piping and ducts also completed [4]. Workforce Development - The company currently employs 55 individuals, with plans to increase the workforce by approximately 61 employees in August 2025, bringing the total to 116 [11]. - A targeted training program has been conducted in Calingasta Village to develop a skilled local workforce for plant operator roles [11][12]. Future Plans - The company aims to finalize the SAG mill relining, complete the installation of new hydrocyclones, and test the plant's electrical circuits before commissioning [13]. - An independent consultant is preparing a technical report to assess the feasibility of processing Casposo's mineralized material, complying with NI 43-101 and JORC 2012 standards [2].

VANCOUVER, British Columbia, July 29, 2025 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) ("Xali Gold" or the "Company") is pleased to advise that, aside from the Sarape Project in Mexico, the Company has decided to shift its exploration focus to South America. Within Mexico, Xali Gold has most recently been advancing the Sarape silver-gold Project ("Sarape") under option from Advanced Lithium Corp. Sarape is located in the Rio Sonora Valley of northern Mexico, a prolific gold-silver mining district that in ...

Vancouver, B.C. – TheNewswire – July 28th, 2025 – Norsemont Mining Inc. (CSE: NOM, OTC: NRRSF, FWB: LXZ1) ("Norsemont" or the "Company") is pleased to provide this corporate update and to clarify project information in response to recent social media commentary with respect to its Choquelimpie gold-silver- copper project (the "Project") in northern Chile. Such clarification is provided to ensure stakeholders and the public have accurate information regarding the Project. While the Company welcomes public in ...

Summary of Torex Gold Resources (TORX.F) Conference Call on Acquisition of Prime Mining Company and Industry - **Company**: Torex Gold Resources (TORX.F) - **Acquisition Target**: Prime Mining - **Key Asset**: Dos Reyes project located in Sinaloa, Mexico - **Industry**: Mining, specifically gold and silver production Core Points and Arguments 1. **Transaction Overview**: Torex Gold announced a friendly acquisition of Prime Mining, emphasizing the strategic fit and potential upside for shareholders of both companies [5][6][10] 2. **Asset Quality**: The Dos Reyes project is described as a multimillion-ounce gold and silver project with high potential, located in a jurisdiction where Torex has extensive operational experience [6][10] 3. **Transaction Terms**: The acquisition involves a plan of arrangement where Torex shareholders will own 89.3% of the combined company, with Prime shareholders holding 10.7%. The deal values Prime at approximately CAD $449 million, representing a 32.4% premium based on recent share prices [7][9] 4. **Strategic Benefits for Torex**: The acquisition diversifies Torex's asset base, enhances its production profile, and provides significant exploration upside. The Los Reyes project is expected to contribute to Torex's growth story [10][11] 5. **Benefits for Prime Shareholders**: Prime shareholders will receive an immediate premium and gain exposure to Torex's flagship Morelos Complex, enhancing asset and commodity diversification [12][13] 6. **Exploration Potential**: The Los Reyes project has a substantial mineral resource estimate, with ongoing exploration expected to expand this resource. The project has identified multiple mineralized zones and targets for future drilling [19][40] 7. **Development Timeline**: A Preliminary Economic Assessment (PEA) is targeted for mid-2026, with plans to advance through feasibility studies and into production thereafter [26][46] 8. **Permitting and Security Considerations**: The permitting landscape for open-pit mining in Mexico is improving, and while security concerns have paused drilling, the company is optimistic about resuming operations safely [28][48] Other Important Content 1. **Historical Production**: The Los Reyes project has historical production dating back to the 1700s, with significant gold and silver output, indicating a long mining history and established infrastructure [16][18] 2. **Community Engagement**: Torex plans to replicate its successful community engagement strategies from Morelos at Los Reyes, which is crucial for project development [22][46] 3. **Future M&A Opportunities**: Torex is open to further acquisitions to build a focused precious metals company in the Americas, indicating a strategic growth plan beyond the current acquisition [49][50] This summary encapsulates the key points discussed during the conference call regarding the acquisition of Prime Mining by Torex Gold, highlighting the strategic rationale, potential benefits, and future plans for both companies.

Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in short-term investing, highlighting that while price momentum can be profitable, it requires strong fundamentals to maintain that momentum. Group 1: Stock Price Movement - The direction of a stock's price can reverse quickly, leading to potential short-term capital losses for investors [2] - A predefined "Recent Price Strength" screen can help identify stocks that are on an uptrend, supported by strong fundamentals and trading near their 52-week high [3] Group 2: McEwen Mining (MUX) Analysis - McEwen Mining (MUX) has shown a solid price increase of 52.9% over the past 12 weeks, indicating investor confidence in its potential upside [4] - MUX has also experienced an 18.3% price increase over the last four weeks, suggesting that the upward trend is still intact [5] - Currently, MUX is trading at 94.5% of its 52-week high-low range, indicating a potential breakout [5] Group 3: Fundamental Strength - MUX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6] - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7] - The Zacks Rank system has a strong historical performance, with Rank 1 stocks averaging a +25% annual return since 1988 [7] Group 4: Investment Strategy - The article suggests that MUX may continue its price trend, and encourages investors to explore other stocks that meet the "Recent Price Strength" criteria [8] - It highlights the importance of backtesting stock-picking strategies to ensure past profitability, which can be facilitated by tools like the Zacks Research Wizard [9]

Core Viewpoint - ESGold Corp. has validated its Broken Hill-type geological analogue theory for the Montauban Gold-Silver Project through recent seismic imaging results from an Ambient Noise Tomography (ANT) survey, reinforcing the project's exploration potential [1][3][4]. Group 1: Geological Validation - The ANT survey results support the idea that Montauban shares significant genetic and structural similarities with the Broken Hill deposit in New South Wales, Australia [1][5]. - Independent peer-reviewed studies from the University of Calgary and the University of British Columbia confirm that Montauban exhibits structural and geochemical traits akin to Broken Hill, one of the world's largest polymetallic deposits [5][6][13]. - The studies highlight key processes such as sulphide melting and remobilization that enriched and vertically redistributed precious metals, which are critical for deeper discovery [5][14]. Group 2: Exploration Potential - The data shifts Montauban from a historic producer to a high-impact exploration opportunity, indicating a structurally complex, vertically continuous mineral system [3][4]. - ESGold's exploration plan aims to unlock greater potential than previously envisioned, combining academic research with advanced imaging and historical data [4][6]. - The ANT survey has imaged mineralized zones down to 1,200 metres, validating the depth potential of Montauban and supporting the vertical stacking model predicted by academic studies [5][8]. Group 3: Technical Insights - The geological study by Dr. Andrew G. Tomkins at the University of Calgary provides a foundation for understanding Montauban as a complex, metamorphosed VMS system enriched in gold and silver [6][14]. - Key technical parallels between Montauban and Broken Hill include metamorphic grade and sulphide remobilization, confirming the vertical continuity of mineralization [7][10]. - The discovery of rhodonite, a mineral associated with Broken Hill-type systems, adds further weight to the analogue model [12]. Group 4: Next Steps in Development - ESGold is advancing a multi-track strategy for both development and exploration at Montauban, including a low-capex, high-margin tailings recovery strategy to generate near-term cash flow [18][19]. - A refined 3D geological model is being developed to guide upcoming drill targeting, integrating ANT survey data, historical drilling, and structural overlays [19]. - The expansion of the Montauban processing facility and site infrastructure is underway to support the company's near-term production goals [19].

Core Viewpoint - Questcorp Mining Inc. is advancing its exploration efforts at the La Union Gold-Silver Project in Sonora, Mexico, in preparation for a drilling program scheduled for mid-August 2025 [1][2][3]. Group 1: Project Overview - The La Union Project spans 2,520 hectares and is characterized as a carbonate replacement deposit (CRD) hosted by Neoproterozoic sedimentary rocks overlying crystalline Paleoproterozoic rocks [5]. - The project features high-grade mineralization with notable grades of 59.4 grams per metric tonne (g/t) gold, 833 g/t silver, 11% zinc, 5.5% lead, and 2.2% copper, indicating significant potential for large gold discoveries [5]. Group 2: Exploration Activities - Surface exploration is ongoing, with the identification of multiple stacked thrust faults in the mineralized area, which may enhance the potential for mineralization [2][3]. - Rock and soil sampling is being conducted, with numerous samples sent for laboratory analysis, and results are expected in the coming weeks [4]. Group 3: Drilling Preparations - A 1,500-meter maiden drill program is set to commence in mid-August 2025, with drilling contractors touring the site and road maintenance underway [2][4]. - The management is focused on prudent financial management of exploration expenditures to de-risk the upcoming drilling program [2].

"We are very pleased that our exploration team has been able to recognize key vectors to precious metals bearing boiling zones occurring below and lateral to previous drilling. We optioned the project having recognized that key aspects of two known veins on Sarape indicate excellent potential to host high grades of silver and gold mineralization similar to Las Chispas and many other low-sulphidation systems in deposits and mines both in Mexico and elsewhere. Now we have several key vectors, including geoche ...

Group 1 - Volcanic Gold Mines Inc. has successfully closed a non-brokered private placement financing, raising gross proceeds of $1,664,200 by issuing 13,868,332 units at a price of $0.12 per unit [1] - Each unit consists of one common share and one warrant, allowing the holder to purchase an additional common share at $0.16 for two years after closing [1] - The company plans to use the proceeds to fund exploration activities on the Holly Property in Guatemala and for general working capital [2] Group 2 - Finder's fees for the financing included cash payments of $23,712 and 197,599 warrants with the same terms as the unit warrants [3] - Securities issued in the placement are subject to a resale restriction until November 16, 2025, and the private placement is pending final approval by the TSX Venture Exchange [3] Group 3 - Volcanic Gold Mines Inc. aims to build multi-million-ounce gold and silver resources in underexplored countries through strategic acquisitions and effective exploration programs [4]

Core Viewpoint - Bear Creek Mining Corporation reported production results for Q2 2025, indicating a total of 7,973 ounces of gold and 33,932 ounces of silver from the Mercedes Mine, reflecting challenges in production efficiency due to contractor performance issues [1][2]. Production Results - The company mined 91,941 tonnes of ore in Q2 2025, down from 102,886 tonnes in Q1 2025 - Ore processed decreased to 89,488 tonnes in Q2 2025 from 105,611 tonnes in Q1 2025 - Gold grade processed improved to 2.88 grams per tonne (gpt) from 2.56 gpt in the previous quarter - Gold recovery rate increased to 96% from 95% in Q1 2025 - Gold ounces produced decreased from 8,262 in Q1 2025 to 7,973 in Q2 2025 - Silver ounces produced also decreased from 36,466 in Q1 2025 to 33,932 in Q2 2025 - Development meters fell to 1,828 from 2,469 in Q1 2025 [2][3]. Contractor Performance and Recovery Plan - The underperformance of a mining contractor engaged in late 2024 led to production challenges, prompting the company to terminate the mining services agreement in May 2025 - A comprehensive recovery plan is being implemented to enhance production efficiency, with a transition to a new contractor for the Marianas deposit, which is expected to be a major contributor to production in 2025 [2][3]. Strategic Review - The ongoing Strategic Review, initiated on March 4, 2025, is exploring various options including recapitalization, asset sales, mergers, and joint ventures, although no guarantees exist regarding the outcome [4]. Financial Drawdown - The company drew down US$2.4 million from the 2025 Sandstorm Note on July 14, 2025, with a total of US$3.6 million drawn to date - The remaining amount available for drawdown is up to US$2.9 million, subject to approval by Sandstorm - The note has a principal amount of US$6.5 million, an interest rate of 7% per annum, and matures on September 22, 2028 [5][6]. Working Capital Deficiency - As of December 31, 2024, the company reported a working capital deficiency of US$93.2 million, raising concerns about its ability to continue operations without additional financing [9].