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Nicola Mining Commences Receipt of Blue Lagoon Gold and Silver Millfeed
Newsfile· 2025-12-01 14:00
Core Viewpoint - Nicola Mining Inc. has commenced receiving high-grade gold and silver millfeed from Blue Lagoon Resources, marking a significant milestone in their partnership and enhancing Nicola's operational capabilities in British Columbia [1][3]. Group 1: Partnership and Financial Commitment - Blue Lagoon has started transporting millfeed to Nicola's mill, which is located near Merritt, British Columbia [1]. - Nicola Mining has committed to providing a non-dilutive line of credit of $2.0 million to support Blue Lagoon's balance sheet [1]. Group 2: Future Plans and Projects - Nicola will provide updates on its 2026 plans in an upcoming Annual Letter to Shareholders, which will include insights into milling expansion and various projects such as Treasure Mountain, Dominion Creek Gold Project, and New Craigmont Project [2]. Group 3: Operational Insights and Sustainability - The CEO of Nicola Mining expressed satisfaction with Blue Lagoon's progress in transitioning the Dome Mountain Gold Mine into a producing mine, emphasizing a shared commitment to sustainability [3]. - Nicola's mill is capable of processing materials from multiple sites, including its own Treasure Mountain Silver Mine and Dominion Creek Gold Project, reinforcing its role as a facilitator for gold and silver projects in the province [3]. Group 4: Company Overview - Nicola Mining Inc. is a junior mining company that owns a fully permitted mill and tailings facility, with plans to reopen its Treasure Mountain Silver Mine and commence production at the Dominion Creek Gold Project in 2026 [7]. - The company also owns the New Craigmont Project, a high-grade copper property covering over 10,800 hectares, adjacent to Canada’s largest copper mine [9].
Canuc Drills 5 m of 10.02 g/t Au Near Surface in Gold Lens 1
Newsfile· 2025-12-01 14:00
Canuc Drills 5 m of 10.02 g/t Au Near Surface in Gold Lens 1December 01, 2025 9:00 AM EST | Source: Canuc Resources CorporationToronto, Ontario--(Newsfile Corp. - December 1, 2025) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) (WKN: A14ZX4) ("Canuc" or the "Company") is pleased to announce results for the first 3 holes of a diamond core drilling program testing Gold Lens 1 on the Company's 100% owned East Sudbury Project (ESP).Gold Lens 1 is located directly beside the past producin ...
Tectonic Metals to Host Second "Virtual Drill Core Shack" Webcast on December 3, 2025
Accessnewswire· 2025-12-01 14:00
Technical-Focused Deep Dive into the 2025 Phase 2 Flat Gold Project Drill Core and Geological Interpretations VANCOUVER, BC / ACCESS Newswire / December 1, 2025 / Tectonic Metals Inc. ("Tectonic" or the "Company") (TSX-V:TECT)(OTCQB:TETOF) is pleased to announce that, following strong interest in its inaugural event held on September 4, 2025, the Company will host a second "Virtual Drill Core Shack" webcast on Wednesday, December 3, 2025 (see webcast presentation and details below). This interactive webcast ...
Profit Taking May Contribute To Initial Pullback On Wall Street
RTTNews· 2025-12-01 13:48
Market Overview - Major U.S. index futures are indicating a lower open on Monday, with stocks expected to give back some gains after a significant rally last week [1] - The major averages have closed higher for five consecutive sessions, recovering from earlier pullbacks in November [1][3] Recent Performance - The Nasdaq increased by 4.9 percent, the S&P 500 surged by 3.7 percent, and the Dow jumped by 3.2 percent during the holiday-interrupted week [4] - The Dow rose by 0.3 percent for November, while the S&P 500 increased by 0.1 percent; however, the Nasdaq still declined by 1.5 percent for the month [4] Interest Rate Outlook - Renewed optimism regarding interest rates has contributed to the recent stock market rebound, following dovish comments from Federal Reserve officials [2][5] - The CME Group's FedWatch Tool indicates an 87.4 percent chance that the Fed will lower interest rates by another quarter point at the upcoming monetary policy meeting [2] Sector Performance - Computer hardware stocks performed well, with the NYSE Arca Computer Hardware Index surging by 2.5 percent [6] - Shares of SanDisk (SNDK) spiked by 3.8 percent after joining the S&P 500, and gold stocks also saw strength due to a sharp increase in gold prices [7] Economic Data Impact - Key U.S. economic data releases in the coming days could influence Federal Reserve officials' decisions, keeping traders cautious [2] - The Institute for Supply Management is set to release its manufacturing activity report, with expectations of a slight increase in the manufacturing PMI [21]
Cassiar Gold Corp. to Present at the Precious Metals & Critical Minerals Virtual Investor Conference December 2nd
Globenewswire· 2025-12-01 13:35
Core Insights - Cassiar Gold Corp. will present at the Precious Metals & Critical Minerals Virtual Investor Conference on December 2nd, 2025 [1] - The company holds a 100% interest in its flagship Cassiar Gold Property, which spans 590 km² and includes two main project areas: Cassiar North and Cassiar South [4] - Cassiar North has an updated Mineral Resource Estimate (MRE) indicating 8.8 million tonnes at 1.43 grams per tonne gold for 410,000 ounces of gold, and 63.2 million tonnes at 0.95 g/t Au for 1.93 million ounces of gold [4] - Cassiar South features numerous gold showings and historical workings, with past underground mines yielding over 315,000 ounces of gold at average head grades between 10 and 20 g/t Au [4][5] Company Overview - Cassiar Gold Corp. is focused on gold exploration in Northern British Columbia, Canada [1] - The company also holds a 100% interest in properties covering most of the Sheep Creek gold camp, which is the third largest past-producing orogenic gold district in British Columbia [5] - Minimal exploration has been conducted in the Sheep Creek area since the 1950s, indicating potential for future discoveries [5] Event Details - The conference will take place from 11:30 AM to 12:00 PM ET on December 2nd, with opportunities for 1x1 meetings on December 2nd and 9th [2] - Investors can register for the event and will have the option to ask questions in real-time during the presentation [2][3] - An archived webcast will be available for those unable to attend the live event [2]
Barrick Mining(B.US)盘前涨近4% 拟将北美黄金资产进行IPO
Zhi Tong Cai Jing· 2025-12-01 13:21
Core Viewpoint - Barrick Mining is planning an initial public offering (IPO) for its North American gold assets due to operational issues and rising costs [1] Group 1: IPO Plans - The board of Barrick Mining has unanimously approved management's plan for an IPO of a division [1] - The new company will be based on Barrick Mining's joint interests in Nevada Gold Mines and Pueblo Viejo, as well as its wholly-owned Fourmile gold discovery project in Nevada [1] - A small portion of equity will be issued in the new company [1] Group 2: Market Reaction - Following the announcement, Barrick Mining's stock price increased by nearly 4% in pre-market trading on Monday [1]
Gold price today, Wednesday, December 3: Gold continues to hang around $4,200
Yahoo Finance· 2025-12-01 13:01
Core Insights - Gold futures opened at $4,215.70 per troy ounce, reflecting a 0.1% decrease from the previous day's closing price of $4,220.80, with early trading showing a rise in gold prices [1] - The upcoming ADP employment report is anticipated to influence Federal Reserve interest rate decisions, with expectations of 40,000 new jobs in November, a decrease from 42,000 in October [1] - Lower interest rates are expected to support gold prices, with speculation surrounding the potential replacement of Fed Chairman Jerome Powell, who has faced criticism for his conservative approach [2] Gold Price Trends - The current price of gold has shown significant year-over-year growth, with a 63.4% increase noted as of November 14 [4] - Weekly and monthly changes in gold prices indicate a rise of 1.2% over the past week and 6% over the past month [7] Investment Options in Gold - Various methods to invest in gold include physical gold, gold mining stocks, gold ETFs, and gold futures [8] - Physical gold is tangible and easily accessible, while gold mining stocks can be volatile due to their dependence on gold prices and exposure to geopolitical risks [12][16] - Gold ETFs provide liquidity and are tied directly to gold prices, but they come with fund fees that can dilute returns [18][21] - Gold futures allow for leverage and convenience but carry higher risks and complexity [22]
Copper Quest Partners with ExploreTech for AI-Driven Resource Exploration and Development
Globenewswire· 2025-12-01 13:00
Core Insights - Copper Quest Exploration Inc. has formed a strategic partnership with Exploration Technologies Inc. to utilize generative artificial intelligence for its Kitimat Copper-Gold Project in British Columbia [1][3] - The initial work program at Kitimat has been completed, enhancing the geological understanding based on historical data and new field observations [1][6] Company Overview - Copper Quest is focused on developing its North American Critical Mineral portfolio, which includes five projects covering over 40,000 hectares [29][30] - The company aims to create shareholder value through project acquisition, exploration, and development [29] Partnership with ExploreTech - ExploreTech's technology integrates various geological data types into a 3D framework, generating numerous subsurface model scenarios to optimize drilling plans for copper-gold targets [2][26] - The partnership will initially focus on the Kitimat Copper-Gold Project, leveraging AI to enhance exploration efficiency [3][17] Kitimat Project Details - The Kitimat project has historical exploration dating back to the late 1960s, with significant drilling conducted by Decade Resources Ltd. in 2010, totaling 4,437.5 meters across 16 diamond holes [9][19] - Recent fieldwork has indicated the presence of a large altered intrusive system, consistent with a productive porphyry environment [8][12] Historical Drilling Results - Notable drill intervals from 2010 include: - Hole J-7: 117.07 m at 1.03 g/t Au and 0.54% Cu - Hole J-1: 103.65 m at 1.00 g/t Au and 0.55% Cu - Hole J-2: 107.01 m at 0.80 g/t Au and 0.45% Cu - Hole J-8: 112.20 m at 0.41 g/t Au and 0.33% Cu - These results suggest that mineralization remains open at depth and may extend laterally beyond the drilled area [19][27] Next Steps in Exploration - The company plans to deliver historical datasets to ExploreTech, initiate AI-driven modeling, and integrate new geochemical results from 2025 [20] - The exploration and drilling program for 2025-2026 will be finalized based on the outcomes of the AI analysis [20] Market Context - Global copper demand is increasing due to electrification, electric vehicles, and renewable energy, while supply is constrained by declining grades and limited new discoveries [27] - Copper Quest is strategically positioned to contribute to the next generation of copper and critical mineral discoveries in stable jurisdictions like Canada [27]
McFarlane Initiates Environmental Baseline Study Work for Juby
Globenewswire· 2025-12-01 12:30
A Vital Step in Advancing Permitting for Ore ExtractionTORONTO, Dec. 01, 2025 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (“McFarlane” or the “Company”) (CSE: MLM, OTC: MLMLF) a leading Canadian gold exploration company focused on advancing its flagship Juby Gold Project, located approximately 15 kilometers west from Gowganda, Ontario and approximately 90 kilometers west from Temiskaming Shores, Ontario is pleased to announce it has engaged Pinchin Ltd. (“Pinchin”), a leading environmental consulting ...
Gold X2 Completes Acquisition of Kesselrun Resources Ltd.
Newsfile· 2025-12-01 12:00
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2025) - Gold X2 Mining Inc. (TSXV: AUXX) (OTCQB: GSHRF) (FSE: DF8) ("Gold X2" or the "Company"), is pleased to announce that it has completed the previously announced plan of arrangement (the "Arrangement") to acquire all the issued and outstanding common shares of Kesselrun Resources Ltd. ("Kesselrun").The Arrangement results in Gold X2 acquiring Kesselrun's 100% owned Huronian Gold Project (the "Huronian Gold Project"), which sits on the western ...