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IBN Announces Latest Episode of The MiningNewsWire Podcast featuring Kimberly Ann, CEO of Lahontan Gold Corp.
GlobeNewswire News Room· 2025-07-15 12:00
Core Insights - The latest episode of The MiningNewsWire Podcast features Kimberly Ann, CEO of Lahontan Gold Corp, discussing the company's strategic approach and potential in Nevada's Walker Lane, a prominent mining region [2][4][6] Company Overview - Lahontan Gold Corp is a Canadian mine development and exploration company focused on gold and silver assets in Nevada [2][8] - The company's flagship property, the Santa Fe Mine, has a history of production and significant mineral resources [8] Strategic Focus - Kimberly Ann emphasized a business-first mindset, focusing on profitability and successful outcomes rather than emotional attachment to projects [6] - The Santa Fe Mine has a reported 2 million ounces of gold, with plans to fast-track its development [5][9] Historical Context - The Santa Fe Mine operated from 1988 to 1994, producing 359,202 ounces of gold and 702,067 ounces of silver using open-pit heap leach methods [8] - The mine was closed due to economic factors when gold prices were at $340, leaving substantial resources untapped [5] Resource Estimates - The Santa Fe Mine has an Indicated Mineral Resource of 1,539,000 ounces of gold equivalent and an Inferred Mineral Resource of 411,000 ounces of gold equivalent [8][10] - The resources are reported based on a cut-off grade of 0.15 g/t AuEq for oxide resources and 0.60 g/t AuEq for non-oxide resources [10] Future Plans - Lahontan Gold Corp plans to advance the Santa Fe Mine project towards production and update its Preliminary Economic Assessment in 2025 [9]
ESGold Unlocks District-Scale Discovery Potential at Montauban with Geological Structures Extending to 1,200m
Newsfile· 2025-07-11 12:30
Core Insights - ESGold Corp. has announced significant findings from its Ambient Noise Tomography (ANT) survey at the Montauban Gold-Silver Project, revealing a vertically continuous mineral system extending to 1,200 meters, which redefines the exploration model for the site [1][2][8] - The survey suggests that Montauban may represent a district-scale Volcanogenic Massive Sulphide (VMS) environment, indicating potential for multiple mineralized lenses rather than a singular deposit [2][5][11] Geological Findings - The ANT survey, originally intended to map structures to 400 meters, successfully imaged to depths of 1,200 meters, uncovering a complex geological system [2][5] - The results indicate a strong contrast between high-velocity basement rocks in the north and structurally complex southern domains, presenting multiple potential discovery targets [5][10] - The survey integrated over 950 historic drill holes and 2015 VTEM survey data, contributing to an advanced 3D geological model [5][8] Historical Context - Montauban has a history of shallow, high-grade production with over 2.6 million short tons mined, but its deeper potential has remained largely unexplored until now [6][15] - The region has seen minimal modern exploration, with most geological data derived from tailings and shallow boreholes, limiting understanding of the mineralization extent [13][20] Strategic Implications - ESGold is positioned to capitalize on both operational and geological momentum, with permits secured and infrastructure installation underway [18][24] - The dual-track strategy of cash flow from tailings reprocessing alongside modern exploration efforts is expected to drive long-term growth for the company [11][18]
McEwen (MUX) is on the Move, Here's Why the Trend Could be Sustainable
ZACKS· 2025-07-09 13:51
Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for successful short-term investing, highlighting that price movements should be supported by strong fundamentals and positive earnings estimates [1][2]. Group 1: Stock Performance - McEwen Mining Inc. (MUX) has shown a solid price increase of 31% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 15.9% in the last four weeks, suggesting that the upward trend is still intact [5]. - MUX is currently trading at 85.8% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - MUX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like MUX that are on an uptrend with strong fundamentals [3]. - The article suggests that investors should consider other stocks that meet similar criteria for potential investment opportunities [8].
Triumph Gold's Executive Chairman Discusses Utah Silver-Gold Acquisition and Exploration Strategy in New INN CEO Insights Interview
Newsfile· 2025-07-08 16:43
Core Insights - Triumph Gold has acquired the Coyote Knoll silver-gold project in Utah, aiming to diversify exploration efforts outside of Canada [1][2] - The acquisition is positioned to provide year-round operational capabilities, low dilution for shareholders, and proximity to major mining companies like Rio Tinto and Osisko Development [2][3] Company Strategy - The company emphasizes the strategic importance of operating in a mining-friendly jurisdiction like Utah, which allows for year-round work and access to high-grade silver [3] - Triumph Gold's portfolio includes other significant projects such as Freegold Mountain in Yukon and Andalusite Peak in British Columbia, indicating a broad exploration strategy across North America [3][6] Acquisition Details - The structure of the Coyote Knoll acquisition includes share issuance and milestone payments, which are designed to enhance shareholder value [6] - The ongoing strategic value of the Freegold Mountain project is highlighted, along with exploration potential at the underexplored Andalusite Peak copper-gold property [6]
Masivo Highlights Wide Historic High-Grade Results from Cerro Colorado and Announces Equity Raise
Newsfile· 2025-06-27 15:30
Masivo Highlights Wide Historic High-Grade Results from Cerro Colorado and Announces Equity RaiseJune 27, 2025 11:30 AM EDT | Source: Masivo Silver Corp.Vancouver, British Columbia--(Newsfile Corp. - June 27, 2025) - Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) ("Masivo" or the "Company") is pleased to report encouraging historic results from the two known drill holes completed at the drill target for Cerro Colorado Gold-Silver Project in Sonora, Mexico, as the Company advances final due ...
Prime Announces Completion of June Warrant Exercise
Globenewswire· 2025-06-17 10:00
Core Viewpoint - Prime Mining Corp. has successfully exercised 97% of its $1.10 warrants, increasing its cash balance to approximately $33 million, which will support the advancement of the Los Reyes gold-silver project in Mexico [1][2]. Financial Position - The company's cash position is now approximately $32.9 million, enabling it to deliver a Preliminary Economic Assessment (PEA) in Q3 2025 and advance technical programs through the end of 2026 [2]. Exploration Plans - The company plans to continue its exploration efforts to identify new targets, expand existing resources, and conduct infill drilling, including geological mapping and geochemical sampling [3]. Drilling and Security Situation - Drilling was paused due to security concerns in Sinaloa, but the company expects to resume a minimum 40,000 meters of drilling within 12 months once conditions improve [4]. Project Activities - Planned activities for fiscal 2025 include extending high-grade mineralization in various areas, completing the PEA, and engaging with local communities through educational and infrastructure programs [6][8]. Resource Estimates - The Los Reyes project has a significant resource base, with over 49 million tonnes indicated at an average gold grade of 0.95 g/t and silver grade of 34.2 g/t, based on a $1,950/oz gold price and $25.24/oz silver price [9][10]. Historical Context - Historically, the Los Reyes area has produced an estimated 1 million ounces of gold and 60 million ounces of silver from previous operations between 1770 and 1990 [11]. Technical and QA/QC Procedures - The company employs rigorous QA/QC protocols for sampling and analysis, ensuring the integrity of its geological data and resource estimates [12][13][14].
HYCROFT ANNOUNCES PRICING AND UPSIZING OF PUBLIC OFFERING OF UNITS
Prnewswire· 2025-06-12 13:04
Core Viewpoint - Hycroft Mining Holding Corporation has announced an underwritten offering of 12,500,000 units at a price of $3.50 per unit, aiming to raise approximately $43.75 million for exploration and working capital [1][2]. Group 1: Offering Details - Each unit consists of one share of common stock and one-half of a common stock purchase warrant, with each whole warrant exercisable at $4.20 per share for 36 months [1]. - The offering is expected to close on June 13, 2025, subject to customary closing conditions [2]. - The underwriters have a 30-day option to purchase an additional 1,875,000 units at their discretion [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for further exploration, working capital, and general corporate purposes [2]. Group 3: Company Background - Hycroft Mining Holding Corporation is focused on developing the Hycroft Mine, one of the largest precious metals deposits in northern Nevada, transitioning to commercial operations for processing sulfide ore [5]. - The company is also engaged in a robust exploration drill program to expand high-grade silver systems and unlock the full potential of its assets [5].
Hycroft Announces Public Offering of Units
Prnewswire· 2025-06-11 20:23
Core Viewpoint - Hycroft Mining Holding Corporation is proposing a public underwritten offering of units for gross proceeds of approximately $40 million, which will consist of common stock and warrants [1][3]. Group 1: Offering Details - The offering will include units comprised of one share of common stock and one-half of a common stock purchase warrant, with each whole warrant exercisable for one share of common stock [1]. - The net proceeds from the offering will be utilized for further exploration, working capital, and general corporate purposes [2]. - The offering will be priced based on market conditions, with a 30-day option for underwriters to purchase an additional 15% of the base offering [3]. Group 2: Regulatory and Procedural Aspects - The offering is being conducted under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) [4]. - A preliminary prospectus supplement will be filed with the SEC, detailing the terms of the offering [4]. Group 3: Company Overview - Hycroft Mining Holding Corporation is focused on developing the Hycroft Mine, one of the largest precious metals deposits in northern Nevada, transitioning to commercial operations for processing sulfide ore [6]. - The company is engaged in exploration drilling to expand high-grade silver systems and unlock the full potential of its mining assets [6].
Triumph Gold Announces the Acquisition of the Coyote Knoll Silver-Gold Mineral Property - Located in Central Utah
Newsfile· 2025-06-04 08:00
Core Viewpoint - Triumph Gold Corp. has announced the acquisition of the Coyote Knoll Silver-Gold property in central Utah, which is expected to enhance its portfolio due to the property's high-grade mineralization and favorable geological features [1][4]. Acquisition Details - The acquisition cost is $150,000 USD along with the issuance of three million common shares over a period of three years, with an additional payment of three million dollars due before four years from the purchase date [2]. Geological and Mineralization Highlights - Coyote Knoll is located approximately 40 km southwest of the Tintic Mining District, known for its historical significance in mining [10]. - The property has demonstrated high-grade silver mineralization, with drilling results showing 1,350.36 g/t Ag and 3.86 g/t Au over 3.00 meters [6]. - Historical rock samples have returned values up to 6,730.00 g/t Ag and 23.30 g/t Au [6][16]. - Recent surface sampling confirmed mineralization with grab samples returning up to 795 g/t Ag and 1.58 g/t Au [6][20]. Exploration and Historical Context - Coyote Knoll was discovered in 1988, with extensive exploration activities including mapping, trenching, and drilling totaling approximately 2,606.96 meters across 33 drill holes [11]. - The geological setting exhibits similarities to the Tintic Mining District, with potential for both epithermal and carbonate replacement mineralization [19]. - The property has a history of production, including a 12-ton bulk sample in 2012 that returned an average grade of 43.60 oz/ton silver and 0.13 oz/ton gold [6][11]. Future Exploration Plans - The company plans to advance exploration at Coyote Knoll, leveraging the confirmed epithermal silver-gold mineralization and the potential for further discoveries [4].
IBN Initiates Coverage of Lahontan Gold Corp.
GlobeNewswire News Room· 2025-05-28 12:30
Core Insights - Lahontan Gold Corp. is advancing a portfolio of gold and silver assets in Nevada's Walker Lane, focusing on unlocking value from past-producing projects with a clear path to production [2][3] - The company aims to responsibly develop its oxide resources while maximizing economic returns and minimizing capital intensity [3] - Lahontan's flagship property, the Santa Fe Mine, has a significant historical production record and substantial indicated and inferred mineral resources [5] Company Overview - Lahontan Gold Corp. is a Canadian mine development and exploration company with four gold and silver properties in Nevada, three of which are 100%-owned [2][5] - The Santa Fe Mine project covers 26.4 km² and has produced 359,202 ounces of gold and 702,067 ounces of silver from 1988 to 1995 [5] - The company plans to advance the Santa Fe Mine project toward production and update its Preliminary Economic Assessment in 2025 [5] Strategic Partnerships - Lahontan has selected IBN to lead its corporate communications efforts, leveraging IBN's extensive distribution network to enhance investor awareness [1][4] - IBN has over 19 years of experience and a collective audience of millions, positioning it to effectively reach investors and the general public [5][7] - The partnership will utilize various outreach tools, including newsletters, social media, and wire services, to maximize impact [4][8]