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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 ...
Inventus Recovers 427 Ounces of Gold and Demonstrates Positive Economics From 007 North Bulk Sample at Pardo
Globenewswire· 2025-12-01 12:00
Core Insights - The bulk sampling at the Pardo Gold Project has demonstrated the economic potential of near-surface gold mineralization, indicating that mineralization can be extracted and processed to generate cash flow [3][4] - The results from the 007 North bulk sample support the company's vision of achieving a near-term production profile that minimizes shareholder dilution while advancing the project [3] Bulk Sample Details - The 007 North bulk sample was extracted from a flat-lying mineralized conglomerate at a depth of approximately 3 meters, with an average thickness of 1.82 meters [4] - Prior to extraction, 33 large diameter drill holes were completed, yielding a weighted average grade of 3.84 grams per tonne (gpt) gold over 1.82 meters [5] - The predicted block model illustrated 5,216 tonnes grading 3.95 gpt gold, while the actual extraction resulted in a grade of 3.14 gpt gold [5][6] Extraction and Processing - A total of 4,816 tonnes was processed, resulting in the recovery of 427 ounces of gold from 4,674 dry tonnes, with a reconciled head grade of 3.04 gpt gold and a metallurgical recovery of 94% [8][10] - The cost of the bulk sample was approximately CAD$1,200,000, leading to a sale of recoverable ounces valued at CAD$2,350,000, representing a 96% return over cost [8][11] Future Plans - The company is currently conducting a Phase 2 drill program with results pending from 62 completed drill holes [9] - An additional 10,000-tonne bulk sample is scheduled for processing at the end of January 2026 [8][9]
Barrick Announces Evaluation of an Initial Public Offering of its North American Gold Assets
Globenewswire· 2025-12-01 12:00
Core Viewpoint - Barrick Mining Corporation is exploring an initial public offering (IPO) for a subsidiary that will hold its premier North American gold assets, referred to as "NewCo" [1][3]. Group 1: IPO Details - If pursued, NewCo will be anchored by Barrick's joint venture interests in Nevada Gold Mines and Pueblo Viejo, along with the wholly owned Fourmile gold discovery in Nevada [2]. - The IPO is expected to involve a small minority interest, with Barrick intending to retain a significant controlling majority interest in NewCo [3]. - The exploration of the IPO is part of Barrick's ongoing operational review aimed at maximizing shareholder value, particularly in North America [3]. Group 2: Management and Operational Focus - The Group Chief Operating Officer emphasized that Barrick's gold operations in Nevada and the Dominican Republic are among the best globally, and the addition of the Fourmile project could enhance NewCo's standing [4]. - The company is focused on improving performance and shareholder value, with a commitment to safe operations and achieving growth targets [4]. - The Board has authorized management to explore this potential value creation initiative through early 2026, with updates expected during the Full Year 2025 Results in February 2026 [4][8]. Group 3: Company Overview - Barrick Mining Corporation is a leading global mining, exploration, and development company, with a significant portfolio of gold and copper assets across 18 countries and five continents [7]. - The company is recognized as the largest gold producer in the United States and aims to create long-term value through responsible mining and strong partnerships [7].
Jaguar Mining Inc. Commences Drilling at High-Potential Chame Target - Advancing Five-Year Exploration Plan
Accessnewswire· 2025-12-01 11:30
Core Insights - Jaguar Mining Inc. has commenced drilling activities at the Chamé target, located three kilometers southeast of the Santa Isabel mine within the Paciência complex in Brazil's Iron Quadrangle [1] - The drilling began on November 21, 2025, with the first phase consisting of 12 drill holes totaling 3,040 meters [1]
Heliostar Welcomes James Perry as New Chairman
Newsfile· 2025-12-01 11:30
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2025) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that Mr James Perry has succeeded the retiring Mr. Jacques Vaillancourt as Chairman at the Company's Annual General & Special Meeting ("AGM") held on November 26th, 2025. Heliostar's new Chairman Mr. James Perry commented, "I am excited to join Heliostar at this important inflection point. The Company has built a strong founda ...