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Fury Intercepts 32.35m of 1.16% Li2O at the Ninaaskumuwin Discovery
Globenewswire· 2025-07-09 11:00
TORONTO, Canada, July 09, 2025 (GLOBE NEWSWIRE) -- Fury Gold Mines Limited (TSX and NYSE American: FURY) ("Fury" or the "Company") is pleased to announce drill results from the maiden drill program, totaling 825 metres (m) in 5 holes, on its Ninaaskumuwin lithium discovery at the Elmer East project located in the Eeyou Istchee James Bay region of Quebec (Figure 1). The drilling targeted a spodumene-bearing pegmatite outcrop, which returned surface samples of up to 3.92% Li2O. Highlights from the drill campa ...
IAMGOLD Provides Notice of Second Quarter 2025 Results and Conference Call
Newsfile· 2025-07-09 11:00
Pre-register via: Chorus Call IAMGOLD Q2 2025 Registration (recommended) - Upon registering, you will receive a calendar booking by email with dial-in details and unique PIN. This process will bypass the operator and avoid the queue. Toll free (North America): 1 (833) 752-3518 International: 1 (647) 846-8209 Webcast: https://event.choruscall.com/mediaframe/webcast.html?webcastid=RBvNJ4HT An online archive of the webcast will be available by accessing the Company's website at www.iamgold.com. A telephone rep ...
NexGold Intersects 13.67 g/t over 1.75 metres and 1.05 g/t over 21.20 metres at the Goliath Deposit and Provides Update on Sprott Royalty
GlobeNewswire News Room· 2025-07-09 11:00
TORONTO, July 09, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) ("NexGold" or the "Company") is pleased to provide additional results from the most recent diamond drilling at the Goliath Gold Complex where the Company has conducted 21,000 metres of a 25,000- metre drill program. The most recent drilling included 6,355 metres of diamond drilling in 30 holes and was focused on drilling parts of the Goliath Deposit, the Eastern Alteration Corridor ("EAC") prospect and at Goldlund Sou ...
Blue Moon Receives Environmental Permits and Awards Mining Contract for Tunnel Extension at NSG in Nordland County, Norway
Globenewswire· 2025-07-09 10:45
TORONTO, July 09, 2025 (GLOBE NEWSWIRE) -- Blue Moon Metals Inc. (“Blue Moon” or the “Company”) (TSXV: MOON; OTCQB: BMOOF), is pleased to announce the receipt of environmental permits for its planned activities from the Norwegian Environmental Agency and the awarding of a contract to Fauskebygg AS (“Fauskebygg”) for the extension of its Rupsi tunnel at Nye Sulitjelma Gruver AS (“NSG”). The extension will facilitate more efficient and effective exploration drilling of the Rupsi/Dypet deposits (the “Rupsi Dep ...
Meridian Drills Copper Dominated Layers of Ore Grading 28.6m @ 3.5 g/t AuEq (2.6% CuEq) at Cabacal
Newsfile· 2025-07-09 10:30
Highlights:Meridian drills more multiple stacked layers of shallow high-grade Au-Cu-Ag ore at Cabaçal;— CD-702: 28.6m @ 3.5g/t AuEq (2.6% CuEq) from 127.6m; including:3.9m @ 6.1g/t AuEq (4.5% CuEq) from 136.7m;2.8m @ 9.4g/t AuEq (6.9% CuEq) from 143.8;1.8m @ 5.7g/t AuEq (4.3% CuEq) from 149.1m;2.8m @ 9.0g/t AuEq (6.7% CuEq) from 155.9m;Multiple zones of high-grade copper with peak grades assaying 10.6% Cu and 11.0% Cu;— CD-693: 14.3m @ 2.9g/t AuEq (2.1% CuEq) from 77.3m; including:2.3m @ 9.4g/t AuEq (7.0% ...
Emperor Metals Announces Maiden Mineral Resource Estimate for the Duquesne West Project, Quebec
Newsfile· 2025-07-09 09:30
Core Viewpoint - Emperor Metals Inc. has announced its initial Mineral Resource Estimate for the Duquesne West Gold Project, indicating a significant increase in gold resources compared to historical estimates [1][3]. Group 1: Mineral Resource Estimate Highlights - The 2025 Duquesne West MRE includes an Inferred Mineral Resource of 26.9 million tonnes (Mt), containing 1.460 million ounces (Moz) of gold at an average grade of 1.69 grams per metric ton (g/t) [2][4]. - The current estimate represents an increase of over 104% from the historical resource, which was 727,000 ounces at a grade of 5.42 g/t [3][4]. - Approximately 44% of the total inferred gold resource is amenable to open-pit extraction, while 56% is potentially mineable via underground methods [6]. Group 2: Exploration and Future Plans - The company plans to conduct a summer drill program of approximately 8,000 to 10,000 meters starting in August to further expand the resource [6]. - The focus for 2025 is to surpass the inferred two-million-ounce mark through systematic exploration [4]. Group 3: Technical Details - The effective date of the 2025 Duquesne West MRE is July 2, 2024, and it was prepared by APEX Geoscience Ltd. [7]. - The MRE includes 292 drillholes with a total of 8,229.31 meters of drilling within the estimation domains [16]. - Gold grades were estimated using Ordinary Kriging with locally varying anisotropy to ensure grade continuity [18]. Group 4: Economic Assumptions - Economic assumptions for the MRE include a gold price of USD $2,300 per ounce, a processing cost of CA$12.5 per tonne, and a general and administrative cost of CA$3.0 per tonne [10].
Fortuna delivers production of 71,229 gold equivalent ounces from ongoing operations for the second quarter of 2025
Globenewswire· 2025-07-09 09:00
VANCOUVER, British Columbia, July 09, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) reports production results for the second quarter of 2025 from its three operating mines located in West Africa and Latin America. Q2 2025 highlights Gold production from ongoing operations of 61,736 ounces; compared to 56,000 oz Au in Q2 20241,2 and 58,820 oz Au in Q1 20251,3Gold equivalent production from ongoing operations of 71,229 ounces4 compared to 71,368 gold equivalent ounces (GEO) in Q2 20241 ...
ARIS MINING REMINDS ARIS.WT.A WARRANT HOLDERS OF UPCOMING EXPIRY
Prnewswire· 2025-07-09 09:00
Core Viewpoint - Aris Mining Corporation is reminding warrant holders that their TSX-listed warrants will expire on July 29, 2025, and any unexercised warrants will become void [1][2]. Warrant Exercise Summary - The warrants are currently "in-the-money" with an effective exercise price of C$5.50 per share, compared to a closing share price of C$9.46 on July 8, 2025 [2]. - Approximately 48.2% of the warrants have been exercised, generating C$77.0 million (approximately US$56 million) for the company [2][5]. - If all remaining outstanding warrants are exercised, Aris Mining would receive an additional C$83.0 million (approximately US$61 million) [2][5]. Financial Position - The CEO of Aris Mining stated that the expiry of the warrants simplifies the capital structure, eliminating legacy convertible instruments and resulting in a stronger balance sheet with over US$310 million in cash as of June 30 [3]. Company Overview - Aris Mining was founded in September 2022, focusing on becoming a leading gold mining company in Latin America, combining current production with growth through expansions and exploration [6]. - The company operates two underground gold mines in Colombia, targeting an annual production rate of over 500,000 ounces of gold following recent expansions [7][9]. Future Plans - Aris Mining is pursuing acquisitions and growth opportunities to enhance value through scale and diversification [10].
Agnico Eagle: Top Buy And Hold Miner As Gold Rises With Monetary Volatility
Seeking Alpha· 2025-07-08 23:07
Since last May, I have had a bullish view on the gold miner Agnico Eagle Mines (NYSE: AEM ), as detailed in " Agnico Eagle Mines: Undervalued Miner With Lower Risks As Gold Prices Soar ". Although my outlook on goldHarrison is a financial analyst who has been writing on Seeking Alpha since 2018 and has closely followed the market for over a decade. He has professional experience in the private equity, real estate, and economic research industry. Harrison also has an academic background in financial economet ...
Highland Copper Announces Grant of Stock Options, Restricted Share Units and Deferred Share Units
Globenewswire· 2025-07-08 21:58
Group 1 - Highland Copper Company Inc. has approved the grant of 6,632,271 incentive stock options, 3,116,875 Restricted Share Units, and 1,973,684 Deferred Share Units to its directors, executive officers, and employees, subject to regulatory approval [1] - The stock options have an exercise price of CDN$0.095 per share and are exercisable for a period of up to five years, with vesting occurring in three phases [1] - The Restricted Share Units and Deferred Share Units will vest in three equal parts over three years [1] Group 2 - Highland Copper Company is focused on exploring and developing copper projects in the Upper Peninsula of Michigan, U.S.A. [2] - The company owns the Copperwood deposit through long-term mineral leases and holds a 34% interest in the White Pine North project via a joint venture [2] - Highland Copper has 736,363,619 common shares issued and outstanding, listed on the TSX Venture Exchange under the symbol "HI" and trading on the OTCQB under "HDRSF" [2]