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Scorpio Gold Announces Further Drill Results from Manhattan District, Nevada
TMX Newsfile· 2025-12-30 11:00
Core Insights - Scorpio Gold Corp. has announced results from seven drill holes in its 2025 drilling program at the Manhattan District Project in Nevada, indicating positive expansion of the resource envelope and potential for increased mineralized tonnage [1][2]. Group 1: Drilling Program Overview - The company has completed 35 diamond drill holes in 2025, totaling 10,880 meters, with assays reported for 23 holes covering 7,711 meters, while assays for 12 holes are pending [1][2]. - The drilling aims to expand the existing resource model laterally and at depth, with results showing multiple intercepts extending mineralization beyond the current inferred resource footprint [2][3]. Group 2: Drill Hole Results - Significant results include: - Hole 25MN-030 returned 2.21 g/t gold over 7.38 meters [7]. - Hole 25MN-031 returned 0.54 g/t gold over 20.54 meters, including 1.34 g/t gold over 8.95 meters [14]. - Hole 25MN-027 contained three intervals with grades of 0.38 g/t, 0.25 g/t, and 0.52 g/t gold [9]. - Hole 25MN-028 had four intervals, with the highest grade being 2.71 g/t gold over 2.53 meters [10]. Group 3: Geological Insights - The drilling has identified both previously mapped and newly recognized mineralized structures, enhancing the understanding of the deposit's structural framework [2][4]. - Intervals with weighted average grades over 1 g/t gold are hosted in structural feeder zones, consistent with the company's geological model [4][10]. Group 4: Future Expectations - The company anticipates a consistent flow of results from ongoing drilling, with three drills currently in the field [2]. - Results from the 12 pending holes are expected to be released in the New Year, contributing to the overall understanding of the mineralization potential [2][7]. Group 5: Project Background - The Manhattan District has historically produced approximately 700,000 ounces of gold and is situated near the Round Mountain Gold Mine, which has produced over 15 million ounces [25]. - The maiden mineral resource estimate for the project indicates 18,343,000 tonnes grading 1.26 g/t gold, totaling 740,000 ounces of contained gold in the inferred category [25].
B2Gold: Gold Is Up 24%, BTG Is Up 3.5%--Navigating The Divergence
Seeking Alpha· 2025-12-30 10:09
Core Insights - The price of gold increased by 23.7% since the last fundamental valuation of B2Gold, while the share price of B2Gold rose by only 3.5% [1] Group 1: Company Analysis - B2Gold (BTG) is currently experiencing a disparity between the rise in gold prices and its share price performance [1] Group 2: Investment Strategy - The analysis aims to identify profitable and undervalued investment opportunities primarily in the U.S. market, focusing on building a high-yield, balanced portfolio [1]
Empire Metals Limited Announces Conditional Sale of 75% of Eclipse Gold Project
Accessnewswire· 2025-12-30 07:00
Core Viewpoint - Empire Metals Limited has entered into a conditional sale and purchase agreement for its 75% interest in the Eclipse Mining Lease, a non-core gold asset located near Kalgoorlie, Western Australia [1] Group 1 - The agreement includes a three-month exclusivity and due diligence period [1] - The proposed purchaser will complete technical and commercial due diligence on the Project during this period [1]
LaFleur Minerals Announces Non-Brokered Private Placement for Gross Proceeds of up to C$1,000,000
TMX Newsfile· 2025-12-30 01:31
Core Viewpoint - LaFleur Minerals Inc. is launching a non-brokered hard dollar private placement offering to raise up to $1,000,000 due to increased demand for participation in the LIFE Offering [1][5]. Group 1: Offering Details - The company will offer up to 2,000,000 units at a price of $0.50 per unit, with each unit consisting of one common share and one warrant [1]. - The closing date for the offering is expected around January 5, 2026, subject to change [2]. - The securities will be subject to a statutory hold period of four months and one day from the closing date [2]. Group 2: Use of Proceeds - Gross proceeds from the offering will be allocated for the commissioning and restart of gold production at the Beacon Gold Mine and Mill, work at the Swanson Gold Project, and general working capital [3]. Group 3: Compensation for Finders - The company will pay qualified finders and brokers a cash commission of 7.0% of the gross proceeds and issue broker warrants equal to 7.0% of the units sold [4]. Group 4: Company Overview - LaFleur Minerals is focused on developing gold projects in the Abitibi Gold Belt near Val-d'Or, Québec, with significant potential in the Swanson Gold Deposit and Beacon Gold Mill [7]. - The Swanson Gold Project spans approximately 18,304 hectares and includes several gold-rich prospects [7]. - The Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material from the Swanson project [7].
This Dividend-Yielding Gold Stock Is Up 184% in 2025. Should You Bet on Higher Gold Prices in 2026?
Yahoo Finance· 2025-12-30 00:30
Industry Overview - Gold has increased by 72% over the last year, driven by geopolitical tensions and softening monetary policies from the Federal Reserve [1] - The market is pricing in a gold-friendly outlook for 2026, with expectations of lower rates and a softer dollar [2] Company Profile: Barrick Mining - Barrick Mining is a mining and development company headquartered in Toronto, Canada, with operations in 17 countries across five continents [4] - The company has a market capitalization of $76.5 billion [4] Stock Performance - Barrick Mining's shares have surged by 184% in 2025, significantly outperforming the S&P 500, which is up nearly 16%, and the VanEck Gold Miners ETF, which is up 164% [5] - The stock's price-to-earnings ratio has increased to 21.8, up from around 15 for most of the year, indicating a premium valuation [6] Financial Performance - Barrick Mining reported third-quarter revenues of $4.18 billion, a 23% increase year-over-year, attributed to rising gold prices [7] - Net earnings reached $1.3 billion, up 170% from the previous year, with free cash flow of $1.47 billion, up 233% [7] - Earnings per share (EPS) improved to $0.58, exceeding analysts' expectations and up from $0.30 a year ago [7] Dividend Information - Barrick Mining pays a modest dividend of 1.5%, or $0.70 annually per share, with a sustainable payout ratio of 20.7% [6] - The company increased its dividend payout by 16% in the most recent disbursement [6]
New Break Announces $506,000 Non-Brokered Private Placement Offering of Flow-Through Shares
TMX Newsfile· 2025-12-29 23:38
Core Viewpoint - New Break Resources Ltd. is planning a non-brokered private placement offering of up to 1,405,000 flow-through common shares at a price of $0.36 per share, aiming for gross proceeds of up to $505,800 to fund exploration activities [1][2]. Group 1: Offering Details - The offering consists of flow-through shares that will qualify for Canadian Exploration Expenses (CEE) and flow-through mining expenditures as defined by the Income Tax Act (Canada) [2]. - Proceeds from the offering will be allocated to the first phase of a planned 10,000+ metre drilling program at the Moray gold project, located approximately 49 km south of Timmins, Ontario [2]. - The closing of the offering is expected on December 30, 2025, subject to necessary approvals, including from the Canadian Securities Exchange [4]. Group 2: Financial Aspects - The gross proceeds from the offering are projected to be up to $505,800, which will be utilized for exploration expenses related to the Moray gold project [1][2]. - Finder's fees may be payable to qualified individuals, potentially amounting to up to 6% of the gross proceeds from the offering [3]. Group 3: Company Overview - New Break Resources Ltd. is a Canadian mineral exploration company focused on the Moray gold project and holds a 20% carried interest in the Sundog gold project in Nunavut [6]. - The Moray gold project is strategically located near existing infrastructure and is in proximity to the Young-Davidson gold mine operated by Alamos Gold Inc. [6].
Alma Gold Upsizes Previously Announced Private Placement and Closes First Tranche
TMX Newsfile· 2025-12-29 22:05
Core Viewpoint - Alma Gold Inc. has increased the size of its non-brokered private placement due to strong investor demand, raising total gross proceeds from $1,200,000 to $1,475,000 [1] Group 1: Private Placement Details - The private placement has been expanded from 15,000,000 units to 18,437,500 units [1] - The first tranche of the private placement has closed, raising gross proceeds of $775,000 through the issuance of 9,687,500 units [2] - Each unit is priced at $0.08 and consists of one common share and one transferable common share purchase warrant [3] Group 2: Use of Proceeds and Insider Participation - Proceeds from the private placement will be used for general working capital and evaluation of potential strategic initiatives [4] - An insider participated in the first tranche, subscribing for 1,250,000 units, which is classified as a related party transaction [5] Group 3: Company Overview - Alma Gold Inc. is a gold-focused exploration company based in Bedford, Nova Scotia, with projects in Guinea and New Brunswick, Canada [7]
Harvest Gold Announces Share Issuances/Cash Payment Pursuant To Its Mosseau And Urban Barry Mineral Option Agreements
Thenewswire· 2025-12-29 21:59
Core Viewpoint - Harvest Gold Corporation has issued a total of 2,250,000 common shares at a deemed price of $0.06 per share as part of mineral property option agreements for the Mosseau and Urban Barry properties, alongside a cash payment of $100,000 to Vior Inc. [1] Group 1: Property Details - The Mosseau property consists of 147 claims covering 7,265.88 hectares (72.66 km²) and features a 17.7 km long gold-bearing structure [2] - The Urban Barry property is located in the Ralleau and Wilson townships within the Eeyou Istchee James Bay/Abitibi region of Quebec [2] Group 2: Company Overview - Harvest Gold is focused on exploring near-surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions, with a management team that has over 400 years of collective geological and financing experience [3] - The company has three active gold projects in the Urban Barry area, totaling 377 claims that cover 20,016.87 hectares, situated approximately 45-70 km west of Gold Fields Limited's Windfall Deposit [4] - The three properties, Mosseau, Urban-Barry, and LaBelle, collectively cover over 50 km of favorable strike along mineralized shear zones [5]
Stock market today: Dow, S&P 500, Nasdaq slip as Santa Claus rally stumbles amid Nvidia, Tesla slide
Yahoo Finance· 2025-12-29 21:01
Market Performance - US stocks experienced a decline at the start of the final trading days of 2025, with the Nasdaq Composite falling 0.5%, and both the Dow Jones Industrial Average and S&P 500 dipping 0.5% and 0.3% respectively [1][2] - Despite the recent drop, all three major indexes are projected to end 2025 with significant gains, with the S&P 500 up over 17%, the Dow climbing over 14%, and the Nasdaq leading with an increase of over 21% [3] Precious Metals - The precious metals market saw increased volatility, with silver prices plummeting as much as 7% after previously rising above $80, while gold futures fell over 3% [2] Economic Indicators - A positive economic indicator emerged as pending home sales in November saw the largest increase since early 2023, suggesting a build-up of homebuyer momentum [4] - The upcoming release of the Federal Reserve's meeting minutes is anticipated to provide insights into the central bank's future actions, with a majority of traders expecting the Fed to maintain current interest rates in January [5]
3 Strong Buy Stocks Up More Than 50% in 2025, Set for 2026 Breakouts
ZACKS· 2025-12-29 21:01
Core Insights - Investors are encouraged to adopt an active stock selection strategy as 2026 approaches, focusing on breakout stocks within specific price ranges [1] Group 1: Identified Breakout Stocks - Aris Mining Corporation (ARMN), Alto Ingredients, Inc. (ALTO), and Mama's Creations, Inc. (MAMA) are highlighted as breakout stocks for 2026, with significant year-to-date gains of 394%, 94%, and 70% respectively [2] - Mama's Creations is projected to achieve an earnings growth rate of 84.6% next year, contributing to its selection as a breakout stock [9] - Aris Mining has an expected earnings growth rate of 74.8% for the upcoming year, while Alto Ingredients is projected to have a remarkable earnings growth rate of 260% [10][11] Group 2: Breakout Stock Selection Criteria - The selection of breakout stocks involves calculating support and resistance levels, where support is the lower price limit and resistance is the upper price limit for stock movements [3][4] - A genuine breakout occurs when the previous resistance level becomes the new support level, validated by long-term price trend analysis [6] - Screening criteria include a percentage price change over four weeks between 10% and 20%, a current price at least 90% of the 52-week high, a Zacks Rank of 1 (Strong Buy), a beta of 2 or less, and a current price of $20 or less [7][8]