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Fury Reviews 2025 Achievements and Outlines 2026 Exploration Priorities
Globenewswire· 2026-01-08 11:59
Core Viewpoint - Fury Gold Mines Limited has made significant progress in 2025, including exploration drilling across multiple gold properties, portfolio expansion through the acquisition of Quebec Precious Metals, and advancements in the Eau Claire gold project with a preliminary economic assessment [1][3][5]. Group 1: 2025 Achievements - The company drilled over 18,000 meters across its portfolio in 2025, with approximately 15,200 meters completed in Quebec [3]. - The Eau Claire gold deposit demonstrated a base-case after-tax NPV5% of C$554 million and an after-tax IRR of 41% at a gold price of $2,400 per ounce, with a total gold recovery of 834,000 ounces over an 11-year mine life [7]. - An initial mineral resource estimate for the Sakami gold project was published, reporting 23.9 million tonnes grading 1.07 grams per tonne gold for 825,000 ounces [7]. Group 2: Funding and Capital Markets - The company closed a C$18 million brokered flow-through financing to support exploration and development at Committee Bay and Eau Claire [8]. - An additional equity investment of C$4.3 million was secured from Agnico Eagle Mines Limited [8]. Group 3: 2026 Outlook - Fury commenced a winter drilling program at Eau Claire, announcing a 10,000-meter program aimed at expanding mineral resources and connecting current resources to future development scenarios [6][9]. - Approximately 6,600 meters have been drilled to date, with plans to complete between 12,000 and 13,000 meters by the end of February [9]. - Exploration planning for the Committee Bay gold project includes a potential 5,000-meter drill program to test high-grade mineralization [10].
Harvest Gold Identifies Significant AU-AG-CU Halo Associated With The Structural / Magnetic Feature On Mosseau
Thenewswire· 2026-01-08 11:30
Core Insights - Harvest Gold Corporation has announced the second series of assay results from its maiden drill program at the Mosseau property in Quebec's Abitibi region, indicating significant mineralization potential [1][2] Drill Program Highlights - The drill program included a total of 21 holes, totaling 4,692 meters, with results reported for the first 11 holes and the second batch of assay results now released [6] - The most notable intersections from the second batch include 2.40 g/t Au over 1.4 m and 1.26 g/t Au over 1.5 m, indicating promising gold mineralization [5][8] - Hole MO-25-22, testing the down-dip extension of the Morono deposit, intersected several wide zones of anomalous Au and Cu mineralization over core lengths of 10 to 19 meters [9] Mineralization Insights - The mineralization found in the dilation zone is characterized by complex and sizable Au-Ag-Cu mineralization, suggesting a regionally extensive gold system [2][3] - The mineralization style in hole MO-25-24 indicates a good correlation of Au-Ag-Cu assays, highlighting the potential for a larger deposit and expansion of mineralization towards the east [10] Geological Context - The drilling targeted a major structural feature interpreted as a large dilation zone, based on a high-resolution magnetic survey conducted by Harvest Gold in 2024 [5][7] - The mineralization shares similarities with several well-known gold-rich base metal deposits in the Abitibi region, enhancing the exploration potential [2] Company Overview - Harvest Gold is focused on exploring for near-surface gold deposits and copper-gold porphyry deposits in stable mining jurisdictions, with a commitment to positive relationships with local Indigenous communities [12][13]
Dryden Gold Reports Notice of Top-Up Right from Centerra Gold & Highlights 2026 Exploration Plans
TMX Newsfile· 2026-01-08 11:30
Core Viewpoint - Dryden Gold Corp. announces significant developments including a top-up right exercise by Centerra Gold and a non-brokered private placement aimed at funding exploration activities in 2026 [1][3]. Group 1: Centerra Gold's Top-Up Right - Centerra Gold intends to exercise its 'top-up right' to maintain a 9.99% interest in Dryden Gold, subject to TSX Venture Exchange approval [1]. - This action is in accordance with the investor rights agreement dated December 17, 2024, between Dryden Gold and Centerra Gold [1]. Group 2: Private Placement Offering - Dryden Gold is conducting a non-brokered private placement of 2,350,000 charity flow-through common shares at a price of $0.425 per share, aiming for gross proceeds of $998,985 [3]. - The proceeds will be allocated to eligible resource exploration expenses qualifying under Canadian tax regulations [4]. Group 3: Exploration Plans for 2026 - The company plans to significantly expand its exploration program in 2026, with drilling estimated at 23,000 to 25,000 meters and a budget increase of 75-100% [5][6]. - The exploration efforts will focus on expanding the district-scale potential of its 70,000-hectare land package in northwest Ontario [6]. Group 4: Company Overview - Dryden Gold Corp. is focused on discovering high-grade gold mineralization and controls a strategic land position in the Dryden District of Northwestern Ontario [9]. - The property includes historic gold mines and has potential for high-grade mineralization along a 50 km strike length [9].
Banyan Gold Intersects Multiple High-Grade Mineralization Occurrences in Powerline and Airstrip Deposits, AurMac, Yukon, Canada
Accessnewswire· 2026-01-08 11:00
Core Insights - Banyan Gold Corp. has reported new high-grade gold intersections in the Powerline and Airstrip deposits at its AurMac Project in Yukon, Canada, indicating significant exploration potential and continuity of mineralization [1][2][3] Exploration Results - The recent drilling results confirm the extension of high-grade mineralization at the Powerline deposit and the continuity between Powerline and Airstrip deposits, with a notable 400 m mineralized gap between them [2][3] - High-grade mineralization was identified in the Airstrip deposit, with significant intersections such as 1.10 g/t Au over 66.6 m and 0.95 g/t Au over 29.6 m, indicating potential for further depth extension [3][6] - The Powerline deposit also showed high-grade intervals, including 2.02 g/t Au over 16.3 m and 5.60 g/t Au over 4.4 m, reinforcing the continuity of high-grade domains [7][8] Mineral Resource Estimates - The current Mineral Resource Estimate (MRE) for the AurMac Project includes an Indicated Resource of 2.274 million ounces of gold at an average grade of 0.63 g/t and an Inferred Resource of 5.453 million ounces at 0.60 g/t [20][21] - The MRE is based on a cut-off grade of 0.30 g/t gold, with the estimates constrained within an open pit shell optimized using specific economic parameters [23] Upcoming Events - Banyan Gold Corp. will participate in several upcoming industry conferences, including the BMO 35 Global Metals, Mining & Critical Minerals Conference and the Metals Investor Forum, providing opportunities for further engagement with investors [22][20]
H.C. Wainwright Initiates Buy Rating on Dakota Gold, Sets PT at $9.75
Yahoo Finance· 2026-01-08 10:01
Core Insights - Dakota Gold Corp. (NYSE:DC) is recognized as one of the best junior gold mining stocks to buy, with a Buy rating initiated by H.C. Wainwright and a price target of $9.75, indicating an upside potential of 80.86% based on a median price target of $9.88 from all analysts covering the stock [1][3]. Company Overview - Dakota Gold Corp. is actively working to build on the 145-year legacy of mining in the district, holding over 48,000 acres of high-quality gold mineral properties [2]. - The company is in the development stage, primarily focused on exploring gold deposits and aims to restore gold mining in the Homestake District located in Lead, South Dakota [4]. Recent Developments - On December 23, Dakota Gold Corp. reported additional drill hole assay results from the Richmond Hill Gold Project, indicating resource expansion potential with recent drilling intersecting up to 230 meters north of the current Measured and Indicated resource boundary [3]. - In 2025, the company completed 242 drill holes totaling 29,279 meters, with results from 136 drill holes released and 106 pending, expected to be reported in early 2026 [4].
Caledonia Mining Corporation Updates Regarding Royalty Rates Following Zimbabwe’s Finance Act, 2025
Yahoo Finance· 2026-01-08 10:01
Group 1: Company Overview - Caledonia Mining Corporation Plc (NYSE:CMCL) is recognized as one of the 9 Best Junior Gold Mining Stocks to Buy Now, with three out of four analysts rating the stock as a Buy and a consensus median price target of $38.09, indicating a 34.17% upside as of January 5 [1] - The company operates primarily in Zimbabwe, focusing on the exploration and development of mineral properties for precious metals, including projects like Blanket Mine, Maligreen, Bilboes, and Motapa [6] Group 2: Recent Developments - The passage of Zimbabwe's Finance Act, 2025, reaffirms Caledonia's announcement regarding royalty rates, stating that a higher royalty rate of 10% will only apply if the gold price exceeds $5,000 per ounce [2] - Proposed changes to the tax and royalty regime, including a 15% withholding tax on offshore loans and adjustments to royalty tiers, have been withdrawn, confirming that no changes are required to the Bilboes Gold Project report following the Budget approval [3][4] - The Bilboes project has proven and probable gold reserves of 1.749 million ounces at 2.26 g/t, with measured and indicated resources of 532,000 ounces at 1.37 g/t and 984,000 ounces at 1.62 g/t [4] Group 3: Shareholder Activity - On December 22, Mr. Victor Gapare, through Toziyana Resources Limited, purchased 7,457 shares of Caledonia's common stock at a price of $26.83 per share, totaling approximately $200,071, which increased Toziyana's stake in Caledonia to 12.66% [5]
i-80 Gold Soars Over 144% In Last Six Months While It Reports Major Refurbishment Progress at Lone Tree Plant
Yahoo Finance· 2026-01-08 10:01
Core Insights - i-80 Gold Corp. (NYSE:IAUX) is recognized as one of the best junior gold mining stocks to buy, with shares increasing over 144% in the past six months and a consensus Buy rating from analysts, indicating a median price target of $1.95, representing a potential upside of over 29% as of January 5 [1][4]. Group 1: Refurbishment Progress - On December 18, i-80 Gold Corp. reported significant refurbishment progress at its Lone Tree Plant in North Nevada, with the ability to process sulfide and oxide gold-bearing feed at a rate of 2,268 tonnes per day as outlined in Hatch's engineering study [2]. - The management aims to transition from toll mining to an owner-operator processing model, which could reduce costs by one-third and increase margins by approximately $1,000 to $1,500 per ounce of gold [3]. - A new capital benchmark of $430 million has been established, higher than previous expectations, with a potential payback period of 1 to 2 years, and construction activities are expected to commence in the second half of 2026 [3]. Group 2: Market Position and Sentiment - i-80 Gold Corp. is one of only two companies in Nevada with an autoclave facility, enhancing its potential and aligning with its strategic objectives [4]. - The company's shares have experienced a significant increase of over 138% in the past six months, reflecting strong investor sentiment and a promising outlook for the Lone Tree Plant [4].
Analysts Remain Bullish on Perpetua Resources as It Hires Hatch Ltd. as EPCM for Stibnite Gold Project
Yahoo Finance· 2026-01-08 10:01
Group 1: Company Overview - Perpetua Resources Corp. (NASDAQ:PPTA) is recognized as one of the best junior gold mining stocks to buy, with all analysts currently bullish on the stock and a consensus median price target of $32, indicating an upside of over 21% [1] Group 2: Project Developments - On December 16, Perpetua announced the hiring of Hatch Ltd. as the Engineering, Procurement, and Construction Management contractor for the Stibnite Gold Project, with Hatch also investing $4 million in equity, reflecting confidence in the project's strategic vision [2][3] - The Stibnite Gold Project is crucial for Perpetua, and Hatch's role as both an investor and contractor signifies a transition from planning to development, emphasizing a commitment to a robust construction strategy [3] Group 3: Strategic Partnerships and Funding - Perpetua signed an agreement with the Idaho National Laboratory on December 9 to develop a pilot processing plant aimed at recovering defense-related minerals, including antimony, with potential funding of up to $22.4 million in Defense grants by May 2025 [4]
Orla Mining Updates on Exploration Results at Musselwhite Mine, Analysts Remain Bullish Indicating Upside of Over 21%
Yahoo Finance· 2026-01-08 10:01
Core Viewpoint - Orla Mining Ltd. is recognized as one of the best junior gold mining stocks to invest in, with significant share price appreciation and positive analyst ratings [1]. Group 1: Stock Performance and Analyst Ratings - As of January 5, Orla Mining Ltd. shares have increased by over 36% in the past six months [1]. - Out of 10 analysts covering ORLA, 8 have rated the stock as a Buy, with an average price target of $16.87, indicating a potential upside of 21.93% [1]. Group 2: Exploration Results - On December 18, Orla Mining reported successful exploration results at the Musselwhite Mine, confirming high-grade gold mineralization extending two kilometers below the operational site [2]. - Following the acquisition of the Musselwhite Gold Mine in March 2025, the mine produced approximately 57,586 ounces of gold in Q3 2025, with a gold recovery rate of 95.3% [3]. - The planned drill meters at Musselwhite have been expanded from 11,000 to over 12,500 meters by the end of 2025, reflecting ongoing exploration efforts [2]. Group 3: Management Changes - On December 16, Orla Mining announced the appointment of Ms. Joanna Pearson as an Independent Non-Executive Director, bringing 25 years of experience in financial transformation and risk management in the mining sector [4].
One Of My 2026 Top Picks: Newmont, A Gold And Copper Miner (NYSE:NEM)
Seeking Alpha· 2026-01-08 08:21
Industry Overview - Gold has been in a bull market for almost two years, with gold miners experiencing a catch-up rally since early 2025 [1] - Gold miners have generally underperformed the commodity itself, indicating potential investment opportunities in this sector [1] Investment Strategy - The focus is on GARP (Growth At a Reasonable Price) and turnaround stocks, emphasizing the importance of valuation in stock selection [1] - The investment strategy aims to identify stocks with limited downside and unlimited upside potential [1] Analyst Background - The analyst is a professional portfolio manager with a decade of experience in investment funds, based in Luxembourg [1] - The analyst has a diverse educational background, having studied in France, the U.S., and Russia [1] - The analyst operates independently and shares investment opinions and decisions through a publicly available portfolio on eToro [1]