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Xali Gold Receives Green Light from Community, Pico Machay Gold Project in Peru
Globenewswire· 2026-02-25 12:00
VANCOUVER, British Columbia, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) (“Xali Gold” or the “Company”) is pleased to announce that on Sunday February 22nd, 2026, the community of Santa Ana authorized the Company to further advance mining exploration activities at the Pico Machay Gold Project (“Pico Machay” or the “Project”) in Peru. “This agreement underscores the strong, constructive relationship we are building together with the community of Santa Ana,” said Joanne Freeze, President and ...
Viva Gold Commences Drilling at its Tonopah Gold Project in Nevada
Thenewswire· 2026-02-25 12:00
 VANCOUVER, BC – February 25, 2026 – TheNewswire – Viva Gold Corp (TSXV: VAU; OTCQB: VAUCF) (the “Company” or “Viva”) is pleased to report that it has commenced a reverse circulation (“RC”) drill program at its 100%-owned Tonopah Gold Project (“Tonopah,” or “Project”) located near the town of Tonopah, Nevada.  The Company expects to drill approximately 2,500 meters of RC drillholes with a focus on converting inferred gold mineralization to measured and indicated status and to infill remaining drilling gaps ...
West Point Gold Intersects 21.3m of 13.48 g/t Au from 128.0m and 32.0m of 4.48 g/t Au from 152.4m, Extending Northeast Tyro High-Grade Zone to Over 300m of Strike Length
TMX Newsfile· 2026-02-25 12:00
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2026) - West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") is pleased to announce the results for four holes from the high-grade zone at Northeast (NE) Tyro, part of the ongoing 15,000 metre (m) drill program at its flagship Gold Chain Project in Arizona. The Company is reporting assay results for four drill holes (954m), GC25-89, GC25-90, GC26-91 and GC26-93. Highlights:These holes have extended the ...
B2Gold (BTG) Achieves Record $3.06B Revenue and Meets 2025 Gold Production Guidance
Yahoo Finance· 2026-02-25 11:19
B2Gold Corp. (NYSEAMERICAN:BTG) is one of the best high volume stocks to invest in now. On February 18, B2Gold announced record financial results for the full year 2025, reporting annual revenue of $3.06 billion and consolidated gold production of 979,604 ounces. This production performance met the company’s guidance, driven by strong output from the Fekola, Masbate, and Otjikoto mines, alongside the commencement of commercial production at the Goose Mine in October. Financially, the company realized an ...
Omai Gold Intersects 4.18 g/t Au over 14.6m and 3.73 g/t Au over 17.3m and Commences 50,000m Drill Program
TMX Newsfile· 2026-02-25 11:15
Toronto, Ontario--(Newsfile Corp. - February 25, 2026) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") is pleased to announce assay results from six additional drill holes from the recent drill program at its 100% owned Omai Gold Project in Guyana, South America. Multiple zones of gold mineralization were intersected in each of these holes, most notably, central Wenot Hole 25ODD-119W intersected 4.18 g/t Au over 14.6m, 2.07 g/t Au over 27.4m, and 3.73 g/t Au over 17.3m. Th ...
West Red Lake Gold Reports 219.73 g/t Au over 4.8m, 148.36 g/t Au over 3m and 133.13 g/t Au over 2.5m in Austin 904 Complex – Madsen Mine
Globenewswire· 2026-02-25 10:30
Core Insights - West Red Lake Gold Mines Ltd. has reported significant drill results from its Madsen Mine in the Red Lake Gold District, indicating strong potential for high-grade gold mineralization [1][2]. Drilling Results - The underground drilling at the Madsen Mine's 904 Complex has yielded impressive results, with notable intersections including 4.75 meters at 219.73 grams per tonne (g/t) gold, including 1 meter at 1,016.57 g/t gold [4][18]. - Additional significant results include 3 meters at 148.36 g/t gold and 2.5 meters at 133.13 g/t gold from other drill holes [6][13]. - The drilling strategy at the 904 Complex aims to define this area further for inclusion in the mine design and production plans for early 2027 [2][3]. Mining Strategy - The 904 Complex is viewed similarly to the previously successful 4447 area in South Austin, where high-grade gold lenses were discovered in 2025 [2][3]. - The area has seen minimal historical mining, allowing for larger stopes and more efficient extraction from the high-grade zones [2][3]. Future Focus - The lower Austin area, particularly the 904 Complex, is expected to remain a primary focus for drilling throughout 2026, with the goal of uncovering additional high-grade gold lenses [3].
West Red Lake Gold Reports 219.73 g/t Au over 4.8m, 148.36 g/t Au over 3m and 133.13 g/t Au over 2.5m in Austin 904 Complex – Madsen Mine
Globenewswire· 2026-02-25 10:30
Core Viewpoint - West Red Lake Gold Mines Ltd. has reported significant drilling results from its Madsen Mine, indicating potential for high-grade gold mineralization in the 904 Complex, which is expected to enhance the company's mine plan for 2026 and beyond [1][2]. Drilling Results - The underground drilling at the Madsen Mine's 904 Complex has yielded impressive results, including an intersection of 4.75 meters at 219.73 grams per tonne (g/t) gold, with a notable 1 meter at 1,016.57 g/t gold [4][18]. - Additional significant intersections include 3 meters at 148.36 g/t gold and 2.5 meters at 133.13 g/t gold, showcasing the high-grade potential of the area [6][13]. Mining Strategy - The company plans to continue drilling in the 904 Complex throughout 2026 to further define this area for mine design and production, with expectations of starting production in early 2027 [2][3]. - The 904 Complex is viewed similarly to the previously successful 4447 area in South Austin, which contributed significantly to the 2026 mine plan [2][3]. Historical Context - The 904 Complex has seen minimal historical mining, allowing for larger stopes and more efficient extraction from the high-grade zones [2][3]. - Previous drilling results from the South Austin area in 2025 highlighted high-grade lenses of gold mineralization, which have now become a significant part of the company's mine plan [3]. Future Focus - The lower Austin area, particularly the 904 Complex, is anticipated to remain a primary focus for drilling efforts for the remainder of 2026, aiming to uncover additional high-grade gold lenses [3].
Ongwe expands Namibia’s Omatjete gold project area by 42%
Yahoo Finance· 2026-02-25 10:05
Core Insights - Ongwe Minerals has expanded its Omatjete project area in Namibia by 42% through the acquisition of additional licences, securing a 90% stake in the EPL7400 licence and applying for the EPL11268 licence [1][2] Group 1: Project Expansion - The acquisition includes a 90% equity interest in Fallout Investments, which holds full ownership of the EPL7400 licence covering 36,600 hectares [1] - The EPL11268 licence application spans 8,200 hectares and is pending approval from Namibia's Ministry of Industries Mines and Energy [2] - The additional licences enable Ongwe Minerals to control 50km of strike along the Okondeka Fault Zone, which includes the Kokoseb deposit and the newly identified Manga Gold Prospect [2] Group 2: Geological Insights - Recent structural analysis has revealed new geological features, including the Okakongo Fault System, which may serve as conduits for hydrothermal gold-bearing fluids [3] - The Okakongo Fault System is located within the Swakop Sedimentary Group, known for hosting Namibian gold deposits [3] - Multiple granitic intrusions within the fault system enhance its structural complexity and prospectivity, drawing parallels with significant local gold discoveries [4] Group 3: Exploration and Development - Initial surface exploration has identified the Manga Gold Prospect, characterized by a footprint of 4.5km × 1km with gold presence in soil samples [5] - Preliminary drilling has indicated the existence of gold within the bedrock, with ongoing efforts to delineate the extent of Manga's strike along the Okondeka Fault Zone [6] - In addition to Omatjete, Ongwe Minerals is developing two other main projects in Namibia, including the Khorixas Project, which encompasses 154,000 hectares and features the Belmont Prospect [6][7]
Sitka Gold Announces Maiden Resource Estimate at Its Rhosgobel Gold Deposit and Expands Total Mineral Resource Estimate at the RC Gold Project, Yukon
TMX Newsfile· 2026-02-25 10:00
Core Insights - Sitka Gold Corp. announced an updated Mineral Resource Estimate (MRE) for the RC Gold Project, which includes significant new resources from the Rhosgobel Gold Deposit and updates for the Eiger Gold Deposit [1][2][4] Resource Estimates - The updated MRE includes an initial resource estimate for the Rhosgobel Gold Deposit of 2,250,000 ounces of gold inferred (100.68 million tonnes at 0.70 g/t Au) [2][10] - The Eiger Gold Deposit now has an updated resource estimate of 535,000 ounces of gold inferred (32.14 million tonnes at 0.52 g/t Au) [2][10] - The Blackjack Gold Deposit has an indicated resource of 1,291,000 ounces of gold (39.96 million tonnes at 1.01 g/t Au) and an inferred resource of 1,044,000 ounces of gold (34.60 million tonnes at 0.94 g/t Au) [2][10] Total Resource Summary - The total MRE for the RC Gold Project now stands at 1,291,000 ounces of gold indicated and 3,829,000 ounces of gold inferred, with contributions from Rhosgobel, Blackjack, and Eiger deposits [10][27] - The Rhosgobel deposit shows strong continuity of gold mineralization starting at surface, indicating scalability and development potential [4][9] Drilling and Exploration Plans - Sitka Gold plans to conduct 60,000 meters of diamond drilling in 2026, effectively doubling the total drilling completed to date, focusing on expanding known resources and exploring high-priority targets [5][10] - The company has allocated 30,000 meters of drilling specifically for the Rhosgobel deposit this year, anticipating significant resource growth [4][10] Metallurgical Testing - Initial metallurgical testing of the Rhosgobel deposit indicated gold recoveries of 89% and 96%, confirming the non-refractory nature of the gold mineralization [10][28] - The presence of significant tungsten mineralization in the Rhosgobel deposit is also noted, with ongoing analytical work to define tungsten values [10][11] Technical Reporting - A National Instrument 43-101 Technical Report detailing the mineral resource estimates is in preparation and will be filed on SEDAR within 45 days of the announcement [3][17]
Grande Portage Resources Secures Drilling Contractor for 2026 Program at the New Amalga Gold Project and Provides Project Update
Accessnewswire· 2026-02-25 10:00
VANCOUVER, BC / ACCESS Newswire / February 25, 2026 / Grande Portage Resources Ltd. (TSXV:GPG)(OTCQB:GPTRF)(FSE:GPB) ("Grande Portage" or the "Company") is pleased to announce that it has signed a contract with Timberline Drilling Inc for the company's 2026 program at the New Amalga Gold property in Southeast Alaska. ...