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Fortuna Files Environmental and Social Impact Assessment for the Diamba Sud Gold Project in Senegal and provides update on Preliminary Economic Assessment status
Globenewswire· 2025-10-07 09:00
VANCOUVER, British Columbia, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) reports that it has filed an Environmental and Social Impact Assessment (ESIA) for the Diamba Sud Gold Project with the Direction de la Réglementation Environnementale et du Contrôle (DiREC), which is part of the Ministry of the Environment and Sustainable Development of Senegal. The filing of the ESIA marks an important milestone in the permitting process and reinforces the Company´s commitment to adv ...
Fortuna Files Environmental and Social Impact Assessment for the Diamba Sud Gold Project in Senegal and provides update on Preliminary Economic Assessment status
Globenewswire· 2025-10-07 09:00
Core Insights - Fortuna Mining Corp. has filed an Environmental and Social Impact Assessment (ESIA) for the Diamba Sud Gold Project, marking a significant milestone in the permitting process and demonstrating the company's commitment to advancing the project towards a construction decision in the first half of 2026 [1][2] Environmental and Social Impact Assessment - The ESIA submission is essential for obtaining an environmental permit, which is part of the overall permitting process for project development [4] - The ESIA addresses key environmental and social considerations, including project description, benefits for Senegal, regulatory framework, baseline studies, public consultation, impact assessment, and proposed mitigation plans [6][7] Preliminary Economic Assessment (PEA) Status - Fortuna is progressing with the PEA for Diamba Sud, which will provide insights into the project's potential economics and development alternatives, with completion expected in early Q4 2025 [4][6] - A Definitive Feasibility Study (DFS) will follow the PEA in the first half of 2026, incorporating results from the ESIA and ongoing drilling activities [4][6] Drilling Program Update - The company has completed 52,110 meters of drilling in 2025, leading to a 53% increase in Measured and Indicated resources and a 93% increase in Inferred resources [6][8] - Drilling is set to resume in October after the rainy season, focusing on testing extensions of open mineralization and advancing project generation across Diamba Sud and the contiguous Bondala exploration property [6][9][10] Recent Highlights - A maiden Inferred Mineral Resource at Southern Arc has been delineated, totaling 3.85 million tons at an average gold grade of 1.57 g/t, containing 194,000 ounces of gold, with further drilling planned to test extensions [9]
Nord Precious Metals Grants Stock Options
Thenewswire· 2025-10-06 18:55
October 6, 2025 – TheNewswire - Nord Precious Metals Mining Inc. (TSX.V: NTH) (OTCQB: CCWOF) (FRANKFURT: 4T9B) (the "Company" or "Nord") announces that it has granted stock options to its directors and officers to purchase an aggregate of 900,000 common shares in the capital of the Company. The stock options are exercisable for a term of five years at an exercise price of $0.25 per share. All stock options are granted in accordance with the terms of the Company's Stock Option Plan and the policies of t ...
Newlox Announces Cease Trade Order
Thenewswire· 2025-10-06 15:45
October 6, 2025 – TheNewswire - Vancouver, British Columbia – Newlox Gold Ventures Corp. (the “Corporation”) (CSE: LUX) today announced that the British Columbia Securities Commission has issued a failure-to-file cease trade order (the “FFCTO”) to the Corporation on October 3, 2025. The FFCTO is a result of the Corporation’s failure to files its audited financial statements for its fiscal year ended March 31, 2025 (the “Annual Financial Statements”), and accompanying management’s discussion and analysis ...
Nord Precious Metals' Test Work from Beaver Mine Tailings Produces Commercial High-Grade Silver Concentrate
Newsfile· 2025-10-06 13:51
Nord Precious Metals' Test Work from Beaver Mine Tailings Produces Commercial High-Grade Silver ConcentrateThe Company retains Environmental consultants for its Beaver Mine site leading up to Recovery Permit ApplicationOctober 06, 2025 9:51 AM EDT | Source: Nord Precious Metals Mining Inc.Coquitlam, British Columbia--(Newsfile Corp. - October 6, 2025) - Nord Precious Metals Mining Inc. (TSXV: NTH) (OTCQB: CCWOF) (FSE: 4T9B) (the "Company" or "Nord") has completed additional testing demonstrati ...
Vizsla Royalties Highlights Vizsla Silver's Third Annual Sustainability Report
Newsfile· 2025-10-06 12:00
Core Insights - Vizsla Royalties Corp. congratulates Vizsla Silver Corp. on the publication of its third annual sustainability report, which emphasizes the company's commitment to environmental stewardship, social responsibility, and governance in Mexico [1][2] Environmental Stewardship - The sustainability report highlights efforts to rehabilitate two aging tailing storage facilities and the cultivation of approximately 5,000 native trees across 19 different species for future restoration activities [7] - The company has strengthened its environmental, social, and governance (ESG) reporting framework and updated its ESG goals [7] Social Responsibility - Vizsla Silver has partnered with the Venados de Mazatlán baseball team to create positive community impacts through well-being initiatives [7] - The company invested US$205,300 in community well-being, bringing the cumulative total investment to over US$600,000 [7] Governance - The report was prepared in accordance with the IFRS Foundation International Sustainability Standards Board (ISSB) SASB Metals and Mining Standard, providing stakeholders with a comprehensive understanding of the company's sustainability journey [2] - The company has initiated the process of updating its Social Impact Assessment [7] Company Overview - Vizsla Royalties Corp. is focused on precious metals and holds a Net Smelter Return Royalty on Vizsla Silver Corp.'s flagship Panuco Project in Mexico, which is advancing towards production [4] - A Preliminary Economic Study for the Panuco Project indicates an annual production of 15.2 million ounces of silver equivalent over an initial mine life of 10.6 years, with an after-tax NPV5% of US$1.1 billion, an 86% IRR, and a 9-month payback at US$26 per ounce of silver and US$1,975 per ounce of gold [4]
G Mining Ventures Secures Bank Credit Facility and Equipment Financing to Construct Oko West
Prnewswire· 2025-10-06 10:30
Core Viewpoint - G Mining Ventures Corp. has secured a financing package totaling up to US$537.5 million to advance the development of its Oko West Gold Project in Guyana, enhancing its financial flexibility and capacity for production [1][4]. Financing Details - The financing package includes an initial commitment of US$387.5 million, with the potential for an additional US$150 million available six months post-closing, subject to lender approval [1][2]. - The package is anchored by a revolving credit facility allowing the Corporation to borrow up to US$350 million, with participation from several financial institutions including National Bank and Macquarie [2][7]. - A Master Loan and Security Agreement has been executed with Komatsu Finance to finance up to US$37.5 million for mining and construction equipment [3][4]. Leadership and Strategic Focus - Jamie Flegg has been appointed as Vice President of Corporate Development, bringing over 12 years of experience in mining capital markets, which will support the company's growth strategy [6][7]. - The company emphasizes disciplined capital allocation and aims to advance the Oko West Project responsibly, on schedule, and within budget [4][8]. Project Development Timeline - Following the receipt of the environmental permit for Oko West on September 2, 2025, G Mining Ventures Corp. is positioned to make a Final Investment Decision later this month, detailing initial capital costs and remaining expenditures [4][8].
Goliath Resources Presenting At Conferences Located In Stockholm, San Diego and Nassau During the Month Of October 2025
Globenewswire· 2025-10-06 10:06
TORONTO, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to announce that Roger Rosmus, Founder & CEO will be presenting at several conferences during the month of October 2025. They include the Nordic Funds and Mines 2025 event taking place in Stockholm, Sweden, the LD Micro Main Event XIX taking place in San Diego, California and the Centurion One Capital 3rd Annual Summit taking place in Nassau, Bahamas. About Nor ...
Cruz Battery Metals Acquires the 'Sterling South Gold/Copper Project' in Ontario
Newsfile· 2025-10-06 07:01
Core Insights - Cruz Battery Metals Corp. has acquired the 'Sterling South Gold/Copper Project' in Ontario, which consists of 42 claim units covering approximately 2,500 acres [1][4] - The acquisition is strategically aimed at diversifying the company's portfolio beyond lithium, as gold and copper prices are near all-time highs [2] - The company is optimistic about its future projects and the renewed interest in domestic lithium due to government involvement in Lithium Americas' Thacker Pass Lithium Mine [2] Company Overview - The newly acquired project is located adjacent to Sterling Metals Corp.'s recent high-grade copper discovery at the Soo Copper Project, which reported significant copper equivalent intersections [1][4] - Cruz Battery Metals also holds several battery metals-focused projects in the USA, including lithium and cobalt projects [4] - The technical content of the acquisition was reviewed by a qualified person, ensuring compliance with industry standards [3]
Skeena Resources Limited Announces the Filing of the Prospectus Supplement in Respect of Its Approximately C$125 Million Bought Deal Financing
Globenewswire· 2025-10-04 00:33
Core Viewpoint - Skeena Resources Limited has announced a bought deal offering of 5,210,000 common shares at a price of C$24.00 per share, aiming for gross proceeds of approximately C$125,040,000 [1][2]. Group 1: Offering Details - The underwriting agreement is led by BMO Capital Markets, and an over-allotment option allows underwriters to purchase an additional 781,500 shares, potentially increasing total gross proceeds to approximately C$143,796,000 if fully exercised [2]. - The offering will be conducted through a prospectus supplement in Canada (excluding Quebec) and a U.S. prospectus supplement, with the expected closing date around October 8, 2025, pending regulatory approvals [3]. Group 2: Company Overview - Skeena is focused on advancing the Eskay Creek Gold-Silver Project, which is expected to be one of the highest-grade and lowest-cost open-pit precious metals mines globally, with significant silver by-product production [6]. - The company emphasizes sustainable mining practices and aims to build positive relationships with Indigenous communities while delivering long-term value [6].