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Sego Resources Intercepts Porphyry-Related Phyllic Alteration at Cuba Zone, 1200 m Northeast of the Billy Zone Porphyry Copper Discovery Made in December 2025
TMX Newsfile· 2026-02-02 19:06
Vancouver, British Columbia--(Newsfile Corp. - February 2, 2026) - Sego Resources Inc. (TSXV: SGZ) ("Sego" or "the Company") is pleased to announce that a classic, porphyry-related phyllic alteration zone was intercepted in drill hole DDH25-71, that was drilled at company's Cuba Zone (Figure 1), which is located 1200 meters northeast of the South Gold Zone, now part of a larger Billy Zone.Figure 1. Geologic map of Cuba Zone (red), with traces of DDH25-71, DDH-MM-18-37 and DDH-MM-34 drill holes. To view an ...
Breaking Mining Stock Acquisition News - Eldorado (TSX: ELD) acquires Foran (TSX: FOM ) to create a sector-leading gold-copper mining company
Investorideas.com· 2026-02-02 17:18
Core Viewpoint - Eldorado Gold Corporation is acquiring Foran Mining Corporation to create a leading gold-copper mining company, enhancing growth potential and cash flow generation while diversifying its asset portfolio [2][3]. Transaction Overview - Eldorado will acquire all common shares of Foran, offering 0.1128 Eldorado shares and $0.01 in cash per Foran share, representing an 8.0% premium to Foran's 20-day volume-weighted average trading price [3]. - The transaction implies an equity value for Foran of approximately C$3.8 billion, with existing Eldorado and Foran shareholders owning approximately 76% and 24% of the combined company, respectively [3]. Strategic Rationale - The combined company is positioned for significant near-term growth with two fully financed projects, Skouries and McIlvenna Bay, expected to produce approximately 900,000 gold equivalent ounces in 2027 [4]. - Expected to generate approximately $2.1 billion in EBITDA and $1.5 billion in free cash flow in 2027, supporting growth initiatives and shareholder returns [5]. - The asset base will provide balanced exposure with approximately 77% gold, 15% copper, and 8% other metals across Canada, Greece, and Türkiye, ensuring jurisdictional and commodity diversification [6]. Exploration and Growth Potential - Eldorado aims to accelerate organic growth opportunities, including advancing Foran's high-grade polymetallic Tesla zone and maximizing exploration potential around existing assets [7]. - The merger is expected to create a compelling re-rate opportunity due to increased scale, trading liquidity, and enhanced Canadian exposure [7]. Sustainability Focus - The combined company will emphasize sustainability principles and carbon-efficient practices, aiming for transparent sustainability performance and GHG emissions mitigation [8]. Leadership Commentary - Eldorado's CEO highlighted the transaction's potential to create a stronger growth company with significant cash flow generation and multiple catalysts, emphasizing the importance of the combined portfolio and its geographical diversification [9]. - Foran's Executive Chair noted that the merger provides the scale and financial strength necessary to realize the full potential of McIlvenna Bay and advance both projects into production [9].
Eldorado Gold (NYSE:EGO) Earnings Call Presentation
2026-02-02 13:00
Creation of a Leading Gold and Copper Producer February 2, 2026 Forward Looking Statement Cautionary Note about Forward-looking Statements and Information Certain of the statements made and information provided in this presentation forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Often, these forward-looking statements and forward-looking information can be identified by the use of word ...
Foran Mining (OTCPK:FMCX.F) Earnings Call Presentation
2026-02-02 13:00
Certain of the statements made and information provided in this presentation forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Often, these forward-looking statements and forward-looking information can be identified by the use of words such as "anticipates", "believes", "budget", "continue", "estimates", "expects", "forecasts", "guidance", "intends", "plans", "projected" or "scheduled" ...
Trident Announces Full Exercise of Over-Allotment Option and Expected Proceeds of $18.6 Million to Fully Fund Expanded 2026 Drilling at Saskatchewan Gold Projects
Globenewswire· 2026-02-02 12:00
Core Viewpoint - Trident Resources Corp. has successfully increased its financing through a bought deal offering and a concurrent non-brokered private placement, raising a total of approximately $18.6 million to fund exploration and development of its gold projects in Saskatchewan [1][2][3][4]. Financing Details - The bought deal offering includes an over-allotment option exercised by underwriters, resulting in the purchase of an additional 600,000 flow-through shares at a price of $3.76 per share, bringing total gross proceeds to $17,296,000 [1][2]. - A concurrent non-brokered private placement will issue 348,000 flow-through shares at the same price, generating additional gross proceeds of $1,308,480 [2]. - The total gross proceeds from both offerings amount to approximately $18.6 million [2]. Use of Proceeds - Proceeds from the offerings will be allocated for exploration, mineral resource expansion, and drilling at Trident's gold projects in the La Ronge Gold Belt of Saskatchewan [3]. - The funds will qualify as Canadian Exploration Expenses and flow-through mining expenditures, which will be renounced to initial purchasers by December 31, 2026 [3]. Project Highlights - The CEO of Trident highlighted that the financing will accelerate exploration at the flagship Contact Lake Gold Project, which has shown a 100% success rate in recent drilling programs [4]. - The results from the fall drill program confirm robust gold mineralization and indicate significant upside potential for the project [4]. Closing and Regulatory Compliance - The bought deal offering is expected to close around February 18, 2026, subject to customary conditions and regulatory approvals [4]. - The offerings will be conducted under the 'listed issuer financing exemption' and will not be subject to a hold period under Canadian securities laws [5].
Eldorado and Foran Combine to Create a Leading Gold and Copper Producer
Globenewswire· 2026-02-02 11:00
Combination strengthens Eldorado’s exceptional growth profile Pro-Forma Company to generate sector-leading free cash flow and profit margins Long-life assets with near-term organic expansion and scale Diversifies portfolio with addition of a project of Canadian national importance Dan Myerson to join Board of Directors (All amounts expressed in U.S. dollars unless otherwise noted) VANCOUVER, British Columbia, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (TSX:ELD) (NYSE:EGO) (“Eldorado”) and ...
2026年1月国内铜项目进展汇总
Xin Lang Cai Jing· 2026-02-02 10:51
据Mysteel不完全统计,2026年1月国内15个涉铜项目公布开工、投产和环评审批等情况。其中玉林市桂铜32万吨含铜二次资源综合利用项目于1月11日开 工,紫金矿业巨龙铜矿二期改扩建工程于1月23日投产。 据Mysteel不完全统计,2026年1月国内15个涉铜项目公布开工、投产和环评审批等情况。其中玉林市桂铜32万吨含铜二次资源综合利用项目于1月11日开 工,紫金矿业巨龙铜矿二期改扩建工程于1月23日投产。 具体情况如下: | 日期 | 公司名称 | | | --- | --- | --- | | 1月4日 | 福建紫金贵金属材料有限公司 | 铜粉/银1 | | 1月6日 | 新疆有色金属工业(集团)有限责任 公司 | 伊泰公里 | | 1月8日 | 安徽新太科技有限公司 | 年产40.5 | | 1月11日 | 玉林市桂铜再生资源有限公司 八八五日十八五五十九五五十九 六三一一七月 | 32万吨台 | | | 1月13日 江西凯安新材料集团股份有限公司 年产5万 | | | --- | --- | --- | | 1月14日 | 安徽九发铜业有限公司 | 年产137 | | 1月15日 | 苏州美亿鑫智 ...
Northstar Gold secures $4M for Cam Copper Project - ICYMI
Proactiveinvestors NA· 2026-01-31 14:02
Core Viewpoint - Northstar Gold Corp. has secured up to $4 million in funding from DIGITAL to advance its Cam Copper Project, utilizing innovative "surgical mining" technology developed by Novamera, which aims to minimize environmental impact while targeting high-grade mineralized zones [1][6]. Funding and Partnerships - The funding from DIGITAL, a federally funded agency, will support the implementation of surgical mining technology and is part of a larger project approved for up to $11 million, with Northstar and Novamera sharing the funding [6][7]. - Northstar has engaged in partnerships with Novamera and Micon to help absorb costs associated with the project, enhancing the financial viability of the initiative [8]. Project Details - The Cam Copper Project is located 18 km southeast of Kirkland Lake, Ontario, where Northstar previously intersected a notable interval of 14.5% copper over 2.5 meters in 2023 [2][4]. - Surgical mining involves rotary drilling techniques that allow for the direct collection of mineral cuttings, which can be sent to a mill, representing a low-impact mining approach [5]. Future Plans and Timeline - Northstar plans to conduct further infill diamond drilling in the No. 2 Zone at the Cam Copper Project, with significant assay results expected to be announced next month [9]. - The results will update the geological model, which will be reviewed by Novamera to finalize mining projections, and will be incorporated into a 43-101 report overseen by Micon for mine permitting applications [10].
Ero Copper to Release Fourth Quarter and Full Year 2025 Operating and Financial Results on March 5, 2026
Globenewswire· 2026-01-30 22:05
Core Viewpoint - Ero Copper Corp. is set to release its fourth quarter and full year 2025 operating and financial results on March 5, 2026, followed by a conference call on March 6, 2026, to discuss these results [1]. Company Overview - Ero Copper Corp. is a Brazil-focused mining company with a diversified portfolio of copper and gold assets, headquartered in Vancouver, B.C. [4] - The company operates two copper mines: the Caraíba Operations in Bahia State and the Tucumã Operation in Pará State, along with the Xavantina Operations, a producing gold mine in Mato Grosso State [4]. - Ero is advancing the Furnas Copper-Gold Project in the Carajás Province of Pará State through a definitive earn-in agreement with Vale Base Metals to acquire a 60% interest in the project [4]. Operating Philosophy - The company's operating philosophy emphasizes safety, operational excellence, and responsible mineral production essential for a sustainable future [5].
Nations Royalty Announces Closing of Bought Deal LIFE Private Placement for Gross Proceeds of C$15 Million
TMX Newsfile· 2026-01-30 15:29
Core Viewpoint - Nations Royalty Corp. has successfully closed a private placement offering, raising gross proceeds of C$15,000,000 through the sale of 9,375,000 units at a price of C$1.60 per unit, including the full exercise of the over-allotment option [1] Group 1: Offering Details - The offering consisted of units, each comprising one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at C$2.25 until January 30, 2029 [1] - Red Cloud Securities Inc. and Canaccord Genuity Corp. acted as underwriters, receiving cash fees of C$873,600 and 546,000 non-transferable common share purchase warrants as compensation [2] Group 2: Regulatory Compliance - The units were issued to Canadian purchasers under the listed issuer financing exemption, making them immediately freely tradeable in accordance with Canadian securities legislation [3] - The closing of the offering is subject to final approval from the TSX Venture Exchange [4] Group 3: Company Vision and Mission - Nations Royalty aims to unite First Nations and Indigenous groups across Canada, inviting external investors to participate as shareholders, thereby combining royalties and income from resource projects [6] - The company focuses on economic reconciliation and capacity building for Indigenous Peoples in public companies and capital markets [6] Group 4: Properties and Benefits - Nations Royalty has established five annual benefit payment entitlements related to various properties in Canada, including the Brucejack gold mine and the KSM Copper-Gold-Silver-Molybdenum deposit [7]