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Tudor Gold Launches Preliminary Economic Assessment on Treaty Creek Project
TMX Newsfile· 2026-02-25 10:00
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2026) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") is pleased to report it has retained Fuse Advisors Inc. of Vancouver, British Columbia, to prepare a preliminary economic assessment ("PEA") on placing the Treaty Creek Project's Goldstorm Deposit in production. PEA Terms of ReferenceFuse Advisors Inc. ("Fuse") has been retained to prepare a PEA examining the potential for an underground mining operation focused on the high ...
2026 Production and Financial Guidance and Exploration Update
Globenewswire· 2026-02-25 07:00
Reykjavík, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Amaroq Ltd.(“Amaroq” or the “Company”) 2026 Production and Financial Guidance and Exploration Update TORONTO, ONTARIO – 25 February 2026 – Amaroq Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ, OTCQX: AMRQF), an independent mine development corporation focused on unlocking Greenland’s mineral potential, is pleased to announce its 2026 guidance and exploration outlook. 2026 gold production guidance range and performance metrics FY2026 gold production from Nalunaq is est ...
Besra Gold: Renewal of ML 05/2012/1D Mining Lease at the Bau Gold Project Conditionally Approved
TMX Newsfile· 2026-02-25 00:37
HIGHLIGHTSSarawak Government grants the renewal of ML 05/2012/1D, subject to conditions to be advised.The renewal secures continuity of tenure over the Jugan deposit within the Bau Gold Project.Besra will continue its positive engagement with local authorities regarding renewal conditions for the Mining Lease and to progress the status of other applications within Bau Gold Project.Perth, Western Australia--(Newsfile Corp. - February 24, 2026) - The Board of Besra Gold Inc (ASX: BEZ) ("Besra" or "the Compan ...
Novo Resources launches C$5.8M capital raise to accelerate Pilbara and Victorian gold exploration
Yahoo Finance· 2026-02-24 23:56
Novo Resources launches C$5.8M capital raise to accelerate Pilbara and Victorian gold exploration Proactive uses images sourced from Shutterstock Novo Resources Corp (TSX:NVO, OTCQX:NSRPF, ASX:NVO, FRA:1NOR) has launched a proposed placement to raise up to approximately C$5,800,000 (roughly A$6,000,000). The raise is being offered to institutional, professional and sophisticated investors, with the company currently in a trading halt on ASX pending announcement of results — expected before the market opens ...
AuMEGA Metals locks In oversubscribed C$30m raise to accelerate gold drilling
Yahoo Finance· 2026-02-24 23:18
AuMEGA Metals locks In oversubscribed C$30m raise to accelerate gold drilling Proactive uses images sourced from Shutterstock AuMEGA Metals Ltd (ASX:AAM, TSX:AUM, OTCQB:AUMMF, FRA:FRA: MA30) has closed the books on its oversubscribed C$30.1 million capital raise, turning away late investors as it moves swiftly to deploy funds across an expanded drilling campaign at its Cape Ray Gold Project in Newfoundland, Canada. The raise was anchored by US-based Condire Investors LLC and attracted strong institutional ...
Belo Sun Announces Closing of Private Placement Financing
Globenewswire· 2026-02-24 23:00
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Belo Sun Mining Corp. (“Belo Sun” or “Company”) (TSX: BSX, OTCQB:BSXGF) is pleased to announce that it has closed its non-brokered private placement financing for gross proceeds of US$30 million (C$41.3 million) (the “Private Placement”), as previously announced on December 22, 2025. Pursuant to the closing of the Private Placement, the Company issued a total of 96,146 ...
i-80 Gold (NYSEAM:IAUX) Conference Transcript
2026-02-24 22:47
i-80 Gold Conference Call Summary Company Overview - **Company**: i-80 Gold (NYSEAM:IAUX) - **Focus**: Nevada-based mining company aiming to become a mid-tier gold producer through the development of four new mining operations [1] Key Points Production and Growth Plans - Current production is approximately **50,000 ounces** of gold per year, with a growth plan to increase production to over **600,000 ounces** within five years [2] - i-80 Gold holds the **fourth-largest mineral resource** in Nevada, with **6.5 million ounces** of measured and indicated gold and **7.5 million ounces** of inferred gold, along with **100 million ounces** of measured and indicated silver [2] Project Development - The company is transitioning from Preliminary Assessments (PAs) to feasibility studies, expecting a **one-to-one conversion** of inferred to measured and indicated resources [3] - The development plan consists of three phases, each expected to double production [3] - The **NAV** (Net Asset Value) for five projects is estimated at **$5 billion** at a gold price of **$3,000** [4] Mining Operations - Three high-grade underground mines are expected to produce between **150,000 to 250,000 ounces** annually, with two having a mine life of over **10 years** [4] - The flagship operation, **Granite Creek**, has a mine life of **17 years** based on current resources [4] Financing and Capital - The company has raised approximately **$800 million** towards a target of **$1 billion** for the development plan, including a recent **$500 million** financing package [6] - Plans to call existing convertible debentures totaling **$175 million** and replace them with a new convertible debenture of a similar amount [7] Future Plans and Feasibility Studies - Two feasibility studies for Granite Creek and Cove are expected to be filed in the second quarter, with Archimedes' study anticipated in the first quarter of the following year [8] - The refurbishment of the **Lone Tree** project is budgeted at **$400 million**, with completion expected by the end of **2027** [9] Market Position and Valuation - Current market capitalization is approximately **$2 billion** on a fully diluted basis [9] - The NAV at a **5% discount rate** is projected to be **$5 billion** at **$3,000 gold**, potentially doubling at current gold prices [10] Additional Insights Permitting and Regulatory Environment - i-80 Gold benefits from operating brownfield projects that have previously received regulatory approval, indicating a supportive permitting environment [15] - The company anticipates needing additional permits but is optimistic about the mining-friendly conditions in the U.S. [16] Workforce and Construction Challenges - The company has successfully hired experienced technical personnel to advance its development plans, indicating no current issues with contractor availability [19] - The industry in Nevada has shrunk over the past 30 years, leading to a pool of highly skilled labor available for projects [19] This summary encapsulates the key aspects of i-80 Gold's conference call, highlighting its production goals, project developments, financial strategies, and market positioning within the mining industry.
New Age Metals Acquires 17,620 Ha Double R Gold Project Near the Kenora and Rainy River District, Northwestern Ontario
Thenewswire· 2026-02-24 22:15
February 24, 2026 – TheNewswire - Rockport, Ontario – New Age Metals Inc. (TSX.V: NAM | OTCQB: NMTLF | FSE: P7J) (“NAM” or the “Company”) is pleased to announce it has acquired and consolidated the Double R Gold Project through staking in the Kenora Mining District, northwestern Ontario. The Project now consists of 834 mining claims totalling 17,620 hectares (43,540 acres) in a highly prospective gold district.The acquisition is supported by the region’s established gold mineralization and favourable stru ...
Golconda Gold Named in TSX Venture 50 List of Top Performing Companies
Globenewswire· 2026-02-24 22:00
TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Golconda Gold Ltd. (“Golconda Gold” or the “Company”) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce that it has been included in the TSX Venture 50 list. TSX Venture 50 is a ranking of the 50 top-performing companies on the TSX Venture Exchange over the last year. Companies are ranked based on three equally-weighted criteria of one-year share price appreciation, market capitalization increase, and Canadian consolidated trading value. Ravi Sood, Chief Executive O ...
Golconda Gold Named in TSX Venture 50 List of Top Performing Companies
Globenewswire· 2026-02-24 22:00
TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Golconda Gold Ltd. (“Golconda Gold” or the “Company”) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce that it has been included in the TSX Venture 50 list. TSX Venture 50 is a ranking of the 50 top-performing companies on the TSX Venture Exchange over the last year. Companies are ranked based on three equally-weighted criteria of one-year share price appreciation, market capitalization increase, and Canadian consolidated trading value. Ravi Sood, Chief Executive O ...