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Inventus Continues Expanding Flat Surface Gold Mineralization at the Pardo "River of Gold" Project
Accessnewswire· 2026-01-22 12:00
TORONTO, ON / ACCESS Newswire / January 22, 2026 / Inventus Mining Corp. (TSXV:IVS) ("Inventus" or the "Company")is pleased to provide recent drilling results at its 100%-owned Pardo "River of Gold" Project, located 65 km northeast of Sudbury, Ontario. Highlights Phase 2 drilling expands flat surface gold mineralization with highlights of: 6.1 gpt gold over 1.58 m 4.6 gpt gold over 1.50 m 4.4 gpt gold over 1.81 m Grade-control drilling defines additional bulk sample site with highlights of: 5.6 gpt gold ove ...
Porphyry-Style Copper Targets Defined by IP and Soil Sampling at AZ Property
Globenewswire· 2026-01-22 12:00
VANCOUVER, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) (“Yukon Metals” or the “Company) is pleased to report results from its autumn 2025 Induced Polarization (“IP”) and geochemical soil sampling program completed on its AZ property (the “AZ Property” or “Property”). Multiple geophysical targets and copper-dominant soil anomalies were identified that expand the Property’s exploration potential beyond areas tested by previous drilling. The Proper ...
Talisker Intersects 99.6 g/t Au over 0.5 metres, within 26.48 g/t over 2.00 metres, from the 2025 Bralorne Gold Project Resource Conversion Program
Globenewswire· 2026-01-22 12:00
Core Viewpoint - Talisker Resources Ltd. has announced positive results from the first 20 drill holes at its Mustang Mine, indicating strong continuity in vein structures and grades, which will aid in mine planning and optimization amid favorable gold prices [1][4]. Group 1: Drill Results - A total of 35 underground diamond drill holes were completed in 2025, totaling 7,515 meters, with an additional 15 surface diamond drill holes for 5,367 meters at Bralorne West [3]. - The first 20 drill holes predominantly targeted extensions of the Alhambra, BK, and BK-9870 veins, with all assays now received and being incorporated into vein model wireframes [3][4]. - Significant gold intercepts include: - UB-2025-001: 46.50 g/t Au over 0.70 m within 27.38 g/t Au over 1.20 m on the Alhambra Vein [6]. - UB-2025-002: 26.00 g/t Au over 0.50 m within 16.55 g/t Au over 1.50 m on the BK-9870 Vein [6]. - UB-2025-020: 39.30 g/t Au over 0.76 m within 19.52 g/t Au over 1.65 m on the Alhambra Vein [9]. Group 2: Geological Context - The drill holes are located in the Mustang Mine, hosted in diorite intrusive, with major vein structures being orogenic quartz-carbonate veins containing banded sulfide septae [4]. - The alteration halos consist of strong silica-sericite ± mariposite alteration with disseminated sulfides, indicating a favorable geological environment for gold mineralization [4]. Group 3: Company Overview - Talisker Resources Ltd. is a junior resource company focused on gold exploration and development in British Columbia, with its flagship asset being the Bralorne Gold Project [14]. - The company also holds the Ladner Gold Project and the Spences Bridge Project, which have significant exploration potential [14].
Kirkland Lake Discoveries Confirms and Expands Syenite-Hosted Gold Mineralization at Wolverine Bend
TMX Newsfile· 2026-01-22 12:00
Core Insights - Kirkland Lake Discoveries Corp. (KLDC) is advancing its fully funded 25,000-meter diamond drilling program at the KL West Property in Ontario, confirming significant gold mineralization linked to altered syenite intrusions [2][3][6] Drilling Results - Recent drilling at the Wolverine Bend target has confirmed altered syenite intrusions as a primary control on gold mineralization, validating KLDC's exploration model [3][6] - Drilling results include: - KLD25-39: 6.3 meters at 0.62 g/t Au from 43.1 meters down hole - KLD25-40: 8.3 meters at 0.86 g/t Au from 24.9 meters down hole, including 5.5 meters at 1.21 g/t Au from 26.0 meters [6][20] - At the Winnie Lake target, a vertically zoned hydrothermal system has been identified, indicating prolonged multi-phase hydrothermal activity [4][22] Mineralization Systems - Multiple gold-bearing and polymetallic mineralizing systems have been confirmed within a 2-km segment of the 17-km-long Winnie Lake Stock (WLS) contact corridor, highlighting the district-scale exploration potential of KL West [5][6] - The presence of copper-rich breccias and gold-bearing alteration suggests a significant overlap of mineralization styles within the Blake River Group [13][22] Program Overview - As of January 17, 2026, a total of 4,409 meters have been drilled across 13 completed holes, with an average hole depth of 340 meters [19] - The drilling program is ongoing with two rigs currently operational, focusing on structurally controlled zones interpreted to host both gold and copper-rich mineralization [14][19] Future Plans - KLDC plans to drill-test a 1.5 km² intrusion-related gold soil anomaly along the northwestern margin of the WLS, characterized by elevated Au-Bi-Cu-Mo-W values [28] - The company has received all necessary drilling permits for the Kirkland Lake West region, allowing for continued exploration across multiple high-priority targets [29]
Eldorado Gold Announces Dividend Program
Globenewswire· 2026-01-22 12:00
Core Viewpoint - Eldorado Gold Corporation has announced the initiation of a dividend program, marking a significant milestone in delivering value to shareholders and reflecting the company's strong financial position and growth strategy [1][2]. Dividend Announcement - The initial quarterly dividend is set at US$0.075 per common share, payable on March 13, 2026, to shareholders of record as of February 27, 2026 [1]. - The dividend is classified as an "eligible dividend" for Canadian income tax purposes, with payments made in US dollars for shareholders outside Canada, while Canadian residents will receive their dividends in Canadian dollars [3]. Financial Performance and Shareholder Returns - The introduction of the dividend highlights the company's confidence in the Skouries project as it transitions into production and begins generating significant cash flow [2]. - In 2025, the company repurchased and canceled approximately US$204 million in common shares, demonstrating a commitment to disciplined capital returns alongside the new dividend program [2]. Future Dividend Considerations - Future dividends will be subject to the discretion of the Board of Directors and will depend on the company's financial performance, capital requirements, and business conditions [4].
Drilling Underway at K2 Gold's Si2 Project in Nevada
TMX Newsfile· 2026-01-22 11:00
Core Viewpoint - K2 Gold Corporation has commenced drilling at its Si2 Gold Project, which is expected to enhance the understanding of the project's geological model and target deeper gold mineralization [1][2][4]. Group 1: Drilling Program Details - The drilling program at Si2 is a result of extensive technical studies and reinterpretation, identifying it as an intact low-sulphidation epithermal gold system [2]. - This marks the first time K2 is drilling high-priority targets at depth, where stronger gold mineralization is typically found in epithermal systems [2][4]. - The project is located in the Walker Lane Trend, a well-known gold district in the U.S., providing a high-conviction discovery opportunity for K2 [4][13]. Group 2: Company Background and Leadership - K2 Gold Corporation is led by a team with a proven track record, having facilitated over $2.6 billion in gold transactions, including significant sales by Great Bear Resources and Kaminak Gold [7]. - The company is part of Discovery Group, which has been responsible for the discovery of over 10 million ounces of gold [7]. Group 3: Other Projects - K2 Gold also holds the Mojave Project, a +6000-hectare oxide gold project with notable drilling results, including 6.68 g/t Au over 45.72m at the Dragonfly Zone [8]. - The Wels Project, located within the Tintina Gold Belt, has shown promising results with gold intersected in all 12 drill holes during the 2023 program [10].
Liberty Gold Reports Infill and Step-out Drill Results at the Black Pine Gold Project, Idaho
Globenewswire· 2026-01-22 11:00
0.86 g/t Au over 123.4 meters, including 2.45 g/t Au over 24.4 meters in LBP1197 0.67 g/t Au over 61.0 meters in LBP1213, a 175-meter step-out at Rangefront Zone VANCOUVER, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to report additional reverse circulation (“RC”) and core drill results from the 2025 drilling program at the Black Pine Oxide Gold Project (“Black Pine”) in southeastern Idaho, USA. The results refl ...
Resolute Mining Q4 Earnings Call Highlights
Yahoo Finance· 2026-01-22 10:33
Core Insights - Resolute Mining reported a strong Q4 2025 performance with significant increases in cash flow and production, setting a solid foundation for 2026 [4][7][8] Financial Performance - Capital expenditure in Q4 was $18 million, while operating cash flow rose to nearly $86 million from $70 million in Q3 [1] - The company ended 2025 with net cash of $209 million, a $140 million increase from the start of the year [1][6] - Full-year EBITDA was reported at $383 million, up from $319 million in 2024, with total revenue of $863 million from the sale of 259,000 ounces at an average realized price of $3,338 per ounce [9][10] Production and Costs - Group gold production in Q4 was 66,000 ounces, up 6,000 ounces from Q3, with a full-year total of 277,000 ounces [3][8] - All-in sustaining costs (AISC) for Q4 were $1,877 per ounce, down from about $2,200 in Q3, attributed to cost management and higher production [2][7] - Full-year AISC was $1,843 per ounce, in line with revised guidance [8] 2026 Guidance - Guidance for 2026 indicates lower production of 250,000–275,000 ounces and higher AISC of $2,000–$2,200 per ounce, alongside a sharply increased capital expenditure program of $310–$360 million [6][12][13] - The capital expenditure will focus on the CMA sulfide conversion, Mako life-extension work, and major spending on the Doropo development [6][12] Project Developments - The updated Doropo DFS outlines a significantly larger project with approximately 55% higher reserves and an upfront capex of around $516 million, targeting FID by the end of Q1 2026 [5][14] - Construction is expected to begin in mid-Q2 2026, with first gold production anticipated in H1 2028 [15] Operational Highlights - The company achieved a reduction in total recordable frequency rate (TRFR) to 1.87 from 1.95 in the prior quarter, indicating improved safety performance [2] - In Mali, CMA produced 47.2 thousand ounces in Q4, finishing 2025 at 176.3 thousand ounces at an AISC of $2,008 per ounce [16] - Mako in Senegal delivered 100.3 thousand ounces in 2025 at an AISC of $1,270 per ounce, with guidance for 2026 set at 55,000–65,000 ounces at $1,600–$1,800 per ounce AISC [20][21] Strategic Focus - Exploration remains a strategic focus, with 2025 exploration spending just under $25 million and similar spending planned for 2026, emphasizing Côte d'Ivoire and new reconnaissance work in Guinea [22]
Opus One begins drilling at Noyell gold project in Quebec, Canada
Yahoo Finance· 2026-01-22 10:04
Core Insights - Opus One Gold has initiated a drilling program at its Noyell gold project in Quebec, Canada, utilizing two drill rigs with the potential for a third by February 2026 [1][5] - The current diamond drilling campaign aims to cover approximately 14,000 meters over 26 holes, building on the successful exploration of Zone 1 in 2025 [1][4] Drilling Program Details - The drilling program seeks to enhance and expand Zone 1 by targeting various identified drilling points for development [2] - A new target area approximately 3 kilometers west of Zone 1 will also be investigated, which has historical indications of gold from previous drilling records dating back to the 1980s and 1990s [2][3] - Initial exploration in the new area will involve drilling five shallow holes [3] Strategic Context - The N2 Project, located to the west, is currently defining a significant historical gold resource and undergoing extensive drilling [3] - Opus One's CEO expressed enthusiasm for the new drill program, highlighting the successful completion of 9,000 meters of drilling on Zone 1 in 2025 and ongoing mineral characterization efforts [4][5] - The company is focused on developing new quality gold targets and expanding its main mineralized zone, aiming for new discoveries along favorable geological structures [5]
Borealis Mining mobilises equipment to resume Nevada gold operations
Yahoo Finance· 2026-01-22 08:36
Borealis Mining has begun mobilising mining equipment at the Borealis Gold Mine in Nevada, US, as the company edges closer to resuming gold operations. Heavy machinery, production drill rigs and other support equipment is currently being stationed on-site in preparation for the initial phase of mining activities. The company has contracted Ledcor CMI, a North American operator with experience in open-pit mining, to lead the project. Ledcor's responsibilities cover mine development, production drilling ...