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LaFleur Minerals Upsizes LIFE and Flow-Through Unit Offerings
TMX Newsfile· 2025-12-17 00:22
Core Viewpoint - LaFleur Minerals Inc. has amended its non-brokered private placement offering, increasing it to 9,000,000 units at a price of $0.50 per unit, aiming for gross proceeds of up to $4,500,000 to fund gold production operations and general working capital [1][2]. Group 1: Offering Details - The offering consists of units that include one common share and one warrant, allowing the purchase of an additional common share at $0.75 within 36 months [1]. - The offering will not be subject to a hold period under Canadian securities laws [4]. - The closing date for the offering is expected around December 31, 2025 [7]. Group 2: Use of Proceeds - Gross proceeds from the offering will be allocated to restarting gold production at the Beacon Gold Mine and Mill, and for work at the Swanson Gold Project in Quebec [2]. Group 3: Financial Arrangements - The company will pay a cash commission of 7.0% on the gross proceeds to qualified finders and brokers, along with broker warrants equal to 7.0% of the units sold [6].
Montage Gold expands its exploration portfolio in Côte d’Ivoire along its Koné Project and is granted a new greenfield property
Globenewswire· 2025-12-16 22:15
Core Insights - Montage Gold Corp. has received approval for two exploration permits in Côte d'Ivoire, enhancing its Koné project land package and adding the Wendé advanced greenfield exploration property [1][4][5] Group 1: Koné Project Expansion - The Koné project land package has increased by 381 km² to a total of 1,699 km² following the grant of the Gbatosso exploration permit, which is strategically located along the Lokolo and Yeré trends [2][8][11] - The Koné project is one of West Africa's largest gold projects, comprising seven mineralized trends with over 50 identified targets, all of which have confirmed mineralization at the 23 targets drill-tested in 2024 and 2025 [11] Group 2: Wendé Exploration Permit - The Wendé permit covers approximately 107 km² and is located along the Ouango-Fitini shear zone, close to significant gold mining operations, with a notable 7 km gold-in-soil anomaly showing assays over 100 ppb [3][18][21] - Exploration activities at the Wendé property are set to begin in early 2026, including geochemical and geophysical surveys, as well as exploration drilling on prospective targets [3][7] Group 3: Strategic Positioning and Future Plans - The CEO of Montage expressed satisfaction with the additional exploration permits, emphasizing the strategic expansion of the Koné project and the potential of the Wendé property [4][5] - The company aims to create a multi-asset exploration pipeline, leveraging its technical expertise and established presence in the region to unlock significant exploration value [5][7]
Amex Exploration Completes Acquisition of Abbotsford and Hepburn Projects
TMX Newsfile· 2025-12-16 22:00
Group 1 - Amex Exploration Inc. has completed the acquisition of a 100% undivided interest in 324 non-contiguous mining claims covering 8,392.92 hectares in Ontario [1] - The acquisition was finalized under the terms of a definitive asset purchase agreement with an arm's length vendor, previously announced on December 1, 2025 [1] Group 2 - Amex Exploration Inc. has made significant high-grade gold discoveries and has identified copper-rich volcanogenic massive sulphide (VMS) zones at its 100%-owned Perron Gold Project, located approximately 110 kilometers north of Rouyn-Noranda, Quebec [2] - The Perron Project consists of 183 contiguous claims with a surface area of 65.75 km², hosting both bulk-tonnage and high-grade gold mineralization styles [2] Group 3 - The combined land package, including the adjacent Perron West Project and the newly acquired Abbotsford and Hepburn Projects, spans a total of 501.08 km², situated in a geologically favorable area for high-grade gold and VMS mineralization [3] - The project benefits from excellent infrastructure, being accessible by a year-round road, located 30 minutes from an airport, and approximately 6.5 km from the Town of Normétal, with proximity to several processing plants owned by major gold producers [4]
Viva Gold Increases The Size Of The Previously Announced Private Placement Offering
Thenewswire· 2025-12-16 22:00
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.Langley, British Columbia – December 16, 2025 – TheNewswire - Viva Gold Corp. (“Viva Gold” or the “Company”) (TSXV: VAU, OTCQB: VAUCF) is pleased to announce that, due to strong investor demand, it has increased the size of its previously announced non-brokered private placement financing (the “Offering”), originally announced on December 11, 2025.The Company has upsized the Offering from up to 18,750,000 u ...
CSE Bulletin: Reinstatement - Newlox Gold Ventures Corp. (LUX)
TMX Newsfile· 2025-12-16 21:59
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Element79 Gold Corp Files NI 43-101 Technical Report for Elephant Project in Nevada's Battle Mountain District
Thenewswire· 2025-12-16 21:05
Data support skarn/porphyry potential; drill-ready program outlinedVANCOUVER, BC - DECEMBER 16, 2025 – TheNewswire - Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS0) ("Element79", the "Company") today announced the filing of an independent technical report (the “Report”) prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) for its Elephant Project, located in the prolific Battle Mountain Mining District, Nevada.The Report, authored by ...
Collective Mining Expands Ramp Zone by Drilling its Highest Grade Intercept Ever at Apollo: 24.80 Metres @ 29.42 g/t Gold Within 63.90 Metres @ 13.46 g/t Gold from 388.25 Metres
Prnewswire· 2025-12-16 21:01
Core Insights - Collective Mining Ltd. has reported significant assay results from the Ramp Zone, indicating a high-grade mineralization with the deepest and northeasternmost drill hole, APC143-D2, expanding the mineralized envelope to 315 metres along strike and 300 metres vertically, remaining open in all directions [1][3][4] Company Developments - The Ramp Zone is part of the Apollo system, which is a large, partially Reduced Intrusion Related System enriched in gold, silver, copper, and tungsten, with continuous mineralization outlined from surface to over 1,400 vertical metres [1][3] - The company has completed 154,500 metres of diamond drilling across its Guayabales and San Antonio projects, with 107,500 metres at the Apollo system, and has ten rigs currently operating [4][5] - The company is fully funded with US$135 million in cash as of December 1, 2025, for its planned 2026 drilling program targeting up to 100,000 metres of additional drilling [4] Drilling Results - Drill hole APC143-D2 intersected 24.80 metres at 29.42 g/t gold and 28 g/t silver within a broader mineralized zone of 63.90 metres at 13.46 g/t gold and 13 g/t silver, marking the highest-grade and largest grade accumulation intercept drilled to date in the Ramp Zone [3][5] - APC140-D3 extended the Ramp Zone by 100 metres below the previous westernmost intercept, cutting 14.65 metres at 3.03 g/t gold and 10 g/t silver within 54.35 metres at 1.47 g/t gold and 4 g/t silver [3][5] Geological Context - The Ramp Zone is classified as a reduced intrusion-related gold system, with geological similarities to the nearby Marmato Deeps deposit, but with significantly higher gold grades attributed to the host rock's porous breccia matrix [6][5] - The mineralization at Ramp Zone occurs with pyrite and pyrrhotite, accompanied by minor bismuth, tellurium, and locally arsenopyrite-bearing sulphides, hosted in veinlet stockworks and cracks [5][6] Future Prospects - The company plans to ramp up drilling aggressively into 2026, with three deep-capacity diamond rigs currently operating at the Ramp Zone and two additional rigs contracted for arrival in mid-Q1 2026 [9]
Gold X2 Announces Appointment of Chief Financial Officer
TMX Newsfile· 2025-12-16 21:00
Core Viewpoint - Gold X2 Mining Inc. has appointed Michael Kanevsky as Chief Financial Officer, effective January 19, 2026, to enhance its financial strategy and regulatory compliance as the company pursues growth and a dual listing in the United States [1][3]. Company Overview - Gold X2 Mining is a growth-oriented gold company focused on acquiring and advancing primary gold assets in tier-one jurisdictions, currently concentrating on the Moss Gold Project in Ontario, Canada [4]. - The company has invested over $75 million in the Moss Gold Project, which has undergone approximately 100,000 meters of drilling, contributing to a mineral resource estimate of 1.54 million ounces of Indicated gold resources and 5.20 million ounces of Inferred gold resources [4]. Appointment of CFO - Michael Kanevsky brings over 15 years of mining industry experience, previously serving as CFO of New Found Gold Corp., where he managed financial operations during its dual listing on the TSX Venture Exchange and NYSE American [2]. - Kanevsky's appointment includes the granting of 500,000 incentive stock options and 250,000 restricted share units, with options exercisable at $0.64 per share for five years [3]. Strategic Goals - The company aims to leverage Kanevsky's expertise to drive growth, particularly in financial strategy and stakeholder engagement, as it prepares for an upcoming dual listing in the U.S. [3]. - Gold X2 is strategically positioned to unlock the full potential of the Moss Gold Project, with plans to begin exploration on newly acquired properties in 2026 [6][7].
Gold Miners' Stocks Are Outrunning Gold. It Won't Last.
Barrons· 2025-12-16 19:49
The VanEck Gold Miners exchange-traded fund is up 150% in 2025. ...
Brookmount Gold Appoints Senior Audit Executive as Chief Financial Officer for Indonesia
Accessnewswire· 2025-12-16 18:15
RENO, NV / ACCESS Newswire / December 16, 2025 / The Board of Directors of Brookmount Gold (Brookmount Explorations, Inc.) (OTC:BMXI) is pleased to announce that it has appointed Ryan Raharja currently a senior auditor with Russell Bedford SBR Indonesia, as Chief Financial Officer for Indonesian Operations. Ryan is a licensed CPA and holds a Bachelor of Accounting degree from Universitas Trisakti, Jakarta and a Masters Degree in International Business from Spolecsna Akadamie Nauk in Poland. ...