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Formation Metals Intercepts Strong Mineralization Including Visible Gold at the Advanced N2 Gold Project
Accessnewswire· 2025-11-26 08:01
Core Insights - Visible gold has been observed in two of the first thirteen drill holes, including a significant 30.8 metre interval drilled in the "A" and "RJ" zones [1] - The company is currently undertaking its first drill campaign at N2 since 2008, when Agnico drilled the "RJ" Zone, which previously identified high-grade intercepts as high as 51 g/t Au over 0.8 metres [1]
Lake Victoria Gold Extends Mineralization Below Pit Shell at Imwelo; First Results Confirm Continuity to >250 m Depth
Newsfile· 2025-11-26 08:01
Core Insights - Lake Victoria Gold Ltd. has reported positive initial results from its ongoing 4,000 m drill program at the Imwelo Gold Project, confirming mineralization continuity to over 250 m depth [1][4][10] - The results indicate potential for extending the open-pit shell and evaluating future underground options beyond the planned shallow open-pit operation [5][7][10] Drilling Program Details - The drilling program utilizes a combination of reverse-circulation pre-collars and diamond-core tails, aimed at reducing costs and cycle time while ensuring high-quality geological data [2] - Five out of the planned twenty-four drill holes have been completed, with assay results received from the MSA Laboratory in Geita [5][10] Assay Results Highlights - The first five holes show consistent grades and widths comparable to the existing resource, confirming the depth extension of mineralization [4][7] - Additional mineralization has been identified in both the footwall and hanging wall, indicating potential for future resource expansion [4][7] Management Commentary - The President & CEO expressed optimism regarding the results, noting that mineralization continues beyond the current pit design and that additional lodes are emerging [10][11] - The Exploration Manager highlighted strong geological indicators aligning with expectations, including quartz veining and structural continuity [10] Future Objectives - The program aims to support continuous updates with additional assays pending from ongoing drilling [12] - Objectives include refining final pit design, improving resource confidence, and testing down-dip extensions to enhance resource estimates [19]
Royal Gold: Upgrading To Buy As Gold's Fundamentals Strengthen And Growth Accelerates
Seeking Alpha· 2025-11-26 02:36
Core Insights - Royal Gold, Inc. (RGLD) has strong fundamentals, record financials, and attractive jurisdictional diversification, but its current stock price reflects much of its growth potential [1] Group 1: Company Overview - Royal Gold, Inc. is highlighted for its strong fundamentals and record financials [1] - The company benefits from attractive jurisdictional diversification, which enhances its investment appeal [1] Group 2: Analyst Background - The analyst has over 10 years of experience researching companies across various sectors, including commodities and technology [1] - The analyst has researched over 1000 companies, providing a broad perspective on investment opportunities [1] - The analyst has transitioned from writing a blog to a value investing-focused YouTube channel, covering hundreds of companies [1]
Lodestar Metals Closes Third and Final Tranche of Financing
Newsfile· 2025-11-26 01:31
Core Viewpoint - Lodestar Metals Corp. has successfully closed the third and final tranche of its non-brokered private placement financing, raising a total of $1,500,000 through the issuance of 19,999,998 units, which will support its exploration efforts at the Goldrun Project in Nevada [1][2][4]. Financing Details - The third tranche involved the issuance of 1,678,263 units at a price of $0.075 per unit, generating gross proceeds of $125,869.73 [1][2]. - Each unit consists of one common share and one-half of a share purchase warrant, with the warrants allowing the purchase of additional shares at $0.12 for two years [2]. - The total cash fee paid to finders for the third tranche was $3,776.09, along with the issuance of 50,348 Finder's Warrants [3]. Use of Proceeds - Proceeds from the offering will be allocated for exploration and drilling activities at the Goldrun Project, as well as for general working capital [4]. Shareholder Update - Mr. Andy Chow acquired a total of 3,523,065 units through the offering, increasing his ownership to approximately 9.59% of the company's issued shares on a non-diluted basis [5]. Marketing Engagement - The company has entered into a digital marketing agreement with InvestorHyve for three months at a rate of $5,000 per month, aimed at enhancing market visibility and investor awareness [8][9]. Company Overview - Lodestar Metals Corp. is focused on advancing the Goldrun Project in Nevada, which is strategically located on a major gold trend and aims to build a compliant gold resource that delivers long-term shareholder value [11].
GOLD ROYALTY ANNOUNCES AMENDED AND UPSIZED REVOLVING CREDIT FACILITY OF UP TO US$100 MILLION AND ELIMINATION OF DEBT
Prnewswire· 2025-11-26 01:30
Core Viewpoint - Gold Royalty Corp. has enhanced its cash flow profile and strengthened its balance sheet through the retirement of long-term fixed interest convertible debentures and an upsized credit facility with lower borrowing costs [1][3]. Upsized Credit Facility - The existing revolving credit facility has been increased to US$75 million, with an additional US$25 million available under certain conditions [1][4]. - The maturity of the facility has been extended to November 2028, and the interest rate has improved from SOFR plus a fixed 3.0% margin to a range of 2.5% to 3.5% based on the company's leverage ratio [2][5]. - The facility is available for general corporate purposes, acquisitions, and investments, and includes customary financial covenants [4][5]. Retirement of Convertible Debentures - The company completed an early redemption and conversion of its outstanding 10% convertible debentures, totaling US$40 million, which were issued in December 2023 [6][10]. - The early redemption rights were exercised immediately, allowing holders to convert their debentures to common shares at a price of US$1.75, a 20% premium to the 20-day volume-weighted average price at issuance [8][9]. - A total of 23,288,896 common shares were issued to debenture holders, eliminating the entire principal amount outstanding of the debentures [10]. Financial Impact - The CFO stated that the facility expansion and debenture retirement significantly improve the balance sheet, lower the cost of capital, and enhance liquidity, positioning the company for long-term growth [3]. - The initial US$31 million investment in the Borborema royalty has already generated US$7.2 million in cash flows, with commercial production achieved on schedule [3].
VIDEO - CEO Clips KEFI Gold and Copper: Pioneering High-Margin Gold and Critical Metal Projects in Emerging Regions
Newsfile· 2025-11-25 23:50
Core Insights - KEFI Gold and Copper is advancing high-margin gold and critical metals projects in Ethiopia and Saudi Arabia, with its flagship Tulu Kapi Gold Project positioned to be one of Africa's highest-margin gold mines capable of generating strong returns even at conservative gold prices [1][3] - In Saudi Arabia, KEFI is revitalizing exploration efforts, achieving the region's first major discoveries in over 15 years, and leveraging geological similarities to Western Australia to uncover new opportunities [2][3] - The company is well-positioned for value creation due to supportive reforms, access to green hydro energy, and gold prices near historic highs as its projects move toward critical development milestones [3]
Q-Gold initiates Second Drill Campaign of 2025 at its Mine Centre Gold Project
Globenewswire· 2025-11-25 22:00
Currently targeting strike extension of the gold-bearing veinsTORONTO, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (TSXV: QGR; OTCQB: QGLDF) ("QGold" or the "Company") is pleased to announce commencement of its second diamond drilling campaign of 2025 at the Mine Centre Gold Project in northwestern Ontario. Rodren Drilling of Winnipeg, Manitoba has again been engaged as the drilling contractor. Critical Discoveries, a prominent geological consulting firm, also based in Winnipeg, Manitoba has bee ...
Lahontan Announces Closing of Upsized Private Placement
Accessnewswire· 2025-11-25 21:25
TORONTO, ON / ACCESS Newswire / November 25, 2025 / Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF) (the "Company" or "Lahontan") announces that, further to its press release of October 29, 2025, it has closed a non-brokered private placement through the issuance of 16,665,868 units (each, a "Unit") in the capital of the Company at a price of $0.15 per Unit for gross proceeds of $2,499,880.20 (the "Offering"). Due to investor demand, the Company upsized the Offering from 13,333,333 Units to 16,665,868 Units. ...
Taranis Samples up to 6.7 g/t Gold in Gossanous Seeps Underneath Ferguson Rockslide, 2 km Southeast of Southernmost NI 43-101 Mineralization at Thor
Accessnewswire· 2025-11-25 20:45
Core Viewpoint - Taranis Resources Inc. is providing an update on its exploration activities at the Thor project, indicating growth and progress in its operations [1] Group 1 - The company is actively engaged in exploration activities at the Thor site [1] - Taranis Resources Inc. is listed on both TSXV and OTCQB exchanges, highlighting its accessibility to investors [1]
SMX: Verified Gold Will Trade at a Premium and Here's Why
Accessnewswire· 2025-11-25 19:15
NEW YORK, NY / ACCESS Newswire / November 25, 2025 / The gold market has never been short on demand. It has been short on certainty. ...