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Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF) Makes TSX Gainers List
Investorideas.com· 2025-10-23 15:41
Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF) Makes TSX Gainers List Investorideas.com (www.investorideas.com Newswire) a top 100 rated investment site for retail investors following mining stocks issues a trading and news alert for  Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF). The stock makes the TSX gainers list in today’s session, currently trading at $7.50.+0.67, gaining 9.81%.  The most recent news provided an update on its 2025 exploration activities at its Golden Queen mi ...
Goliath Resources Closes Bought Deal Private Placement for Gross Proceeds of C$26.3M
Newsfile· 2025-10-23 12:50
Core Viewpoint - Goliath Resources Limited has successfully closed a bought deal private placement offering, raising approximately C$26.3 million in gross proceeds, which will be utilized for exploration expenses related to its Golddigger-Surebet Gold Project in British Columbia [1][4]. Group 1: Offering Details - The offering included the issuance of 1,977,157 National Flow-Through Shares at C$4.20 each, generating about C$8.3 million, and 4,054,054 BC Flow-Through Shares at C$4.44 each, raising approximately C$18 million [1]. - The offering was led by Stifel Canada as the sole bookrunner and lead underwriter, along with CIBC World Markets Inc. [2]. - The Flow-Through Shares were issued under the "listed issuer financing" exemption, allowing them to bypass the prospectus requirement and not subject to a hold period under Canadian securities laws [3]. Group 2: Use of Proceeds - The gross proceeds will be allocated to incur exploration expenses qualifying as "Canadian exploration expenses" and "flow-through mining expenditures" as defined in the Income Tax Act, specifically for the Golddigger-Surebet Gold Project [4]. - These expenses are to be incurred on or before December 31, 2026, with renouncement to subscribers by December 31, 2025 [4]. Group 3: Underwriter Compensation - The company paid the underwriters a cash commission of C$1,578,243.55 and granted 361,873 non-transferable broker warrants, each allowing the purchase of one common share at C$3.22 for 24 months [5].
ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Offers Next-Gen Option as Fully Financed, Permitted Junior
Globenewswire· 2025-10-23 12:30
Core Insights - ESGold Corp. is positioned within a significant market rotation where investors are shifting capital towards tangible assets, particularly precious metals producers and near-term developers [2][3] - The company is advancing two key projects: the Montauban Gold-Silver Project in Quebec, expected to commence production in 2026, and the Planta Magdalena joint venture in Colombia, which shows large-scale upside potential based on historical data [3][4] Company Overview - ESGold Corp. is a fully permitted, preproduction resource company focused on clean mining and exploration innovation, with a strong presence in Quebec [4] - The Montauban property, located 80 kilometers west of Quebec City, exemplifies responsible mining practices and combines near-term production with district-scale discovery potential [4]
Sierra Madre Starts US$3.5 Million Exploration Program at the East District of Guitarra Project
Newsfile· 2025-10-23 11:00
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2025) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce that exploration work has begun at the East District of the Guitarra silver-gold project in Estado de Mexico, Mexico; this District covers the historic Temascaltepec mining area. Greg Liller, Chief Operating Officer and Executive Chair, commented: "We are very pleased to be restarting exploration within the under-explored Eas ...
G Mining Ventures Announces Formal Construction Decision for the Oko West Gold Project and Provides Project Development Update
Prnewswire· 2025-10-23 10:30
Core Viewpoint - G Mining Ventures Corp. has officially approved the full construction of its 100%-owned Oko West Gold Project in Guyana, marking a significant milestone in its transition to an intermediate gold producer, with first gold production targeted for the second half of 2027 [1][2]. Project Overview - The initial capital cost for the Oko West Gold Project is estimated at $973 million, with detailed engineering currently 36% complete [5][11]. - As of now, $334 million has been committed to the project, representing 33% of the total initial capital budget [6][11]. - The project has seen total expenditures of $156 million, including $110 million spent and $46 million in prepayments [6]. Workforce and Safety - The project has a total workforce of 710, with 520 employees and 190 contractors, over 80% of whom are Guyanese nationals [6]. - The project has recorded 596,551 hours worked with only one recordable incident, resulting in a Total Recordable Incident Rate (TRIFR) of 0.33 [6]. Permitting and Environmental Management - The project is fully permitted under Environmental Permit No. 20230912-RGIGM, valid for five years, allowing both construction and operational activities [6]. - A comprehensive Environmental and Social Management System (ESMS) is being implemented to address various environmental concerns [6]. Engineering and Procurement - Long-lead items have been ordered from reputable suppliers, including power plants and mining equipment, with the first mining shovel expected to be commissioned in Q4 2025 [11]. - The camp facility is being expanded to accommodate 425 beds, with the first two permanent dorms expected in October [11]. Construction Progress - Early works construction activities are advancing on schedule, with significant progress in site clearing and mass excavation [11]. - The project has completed 100% of mass excavation at the permanent camp and 93% at the barge landing [11].
INTEGRA ANNOUNCES STRONG THIRD QUARTER 2025 GOLD PRODUCTION RESULTS FROM FLORIDA CANYON MINE AND INCREASED CASH BALANCE TO US$81.2 MILLION
Prnewswire· 2025-10-23 10:30
Core Viewpoint - Integra Resources Corp. reports a strong operational update for Q3 2025, highlighting significant cash flow generation and operational improvements at the Florida Canyon Mine, with a cash balance of approximately $81 million, marking the company's strongest financial position to date [2][7]. Operational Update - Florida Canyon Mine produced 20,653 ounces of gold and sold 20,265 ounces during Q3 2025, aligning with company expectations [4]. - The mine's operational performance was bolstered by increased solution flow rates and the commissioning of a new carbon-in-column circuit [4]. - The strip ratio increased to 1.34 due to enhanced capitalized waste stripping and adjustments in mining sequence to address dust suppression challenges [3][5]. Financial Position - As of September 30, 2025, the company reported cash and cash equivalents of $81.192 million [7]. - The financial results for Q3 2025 will be released on November 12, 2025, followed by a conference call on November 13, 2025 [1][8]. Future Developments - Construction of the Phase IIIb heap leach pad is ongoing, with commissioning expected in Q4 2025 [6]. - The company is revitalizing its mining fleet, including refurbishing existing equipment and ordering new haul trucks and loaders, which is anticipated to enhance mining productivity and reduce costs [6].
Blackrock Silver Commences Phase 2 Hydrology Program, Geotechnical Evaluation and Seismic Survey on the Tonopah West Project
Newsfile· 2025-10-23 10:00
Core Insights - Blackrock Silver Corp. is advancing its Tonopah West project through a Phase 2 hydrology program, geotechnical evaluations, and a seismic survey to support the permitting of an exploration decline for test mining and bulk sample extraction [2][3]. Hydrology Programs - The Phase 2 hydrology program will involve the installation of five additional piezometers, a dewatering well, and a groundwater monitoring well to aid in engineering design and water management strategies [4][6]. - The Phase 1 hydrology program previously set four piezometers to collect data on water presence, which informed the Phase 2 program [4]. Geotechnical Evaluations - Geotechnical evaluations are being conducted on 22 drillholes along the proposed decline alignment, with detailed evaluations of Phase 1 piezometer holes already completed [6][7]. - A total of 36 samples have been collected for geotechnical unconfined compression strength testing, and approximately 59,000 meters (193,570 feet) of core drilling has been evaluated for recovery and Rock Quality Designation (RQD) [7]. Seismic Survey - A seismic survey covering 18 kilometers is planned to identify structural controls and extensions of the silver and gold deposits, with data collection occurring over seven lines [8]. - The survey aims to enhance understanding of the deposit's structural controls and assist in drill targeting [8]. Project Management - The integration of hydrologic, geotechnical, and seismic data is viewed as a critical step in de-risking the project and refining engineering models for the proposed decline [3]. - An updated preliminary economic assessment for Tonopah West is expected in Q1 2026, which will further inform project development [3]. Company Overview - Blackrock Silver Corp. is focused on precious metal exploration and development, with a portfolio of properties in Nevada characterized by low-sulphidation, epithermal gold and silver mineralization [10]. - The company is driven to add shareholder value through its strategic initiatives and project advancements [10].
Blackrock Silver Announces Filing of Tonopah West Technical Report
Newsfile· 2025-10-23 01:15
Core Points - Blackrock Silver Corp. has filed an independent technical report titled "Mineral Resource Estimate Update, Tonopah West Silver-Gold Project" effective August 25, 2025, and dated October 22, 2025 [1] - The technical report complies with the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards and National Instrument 43-101, confirming the updated mineral resource estimate disclosed on September 8, 2025 [1] - There are no material differences between the technical report and the information previously disclosed in the September 8, 2025 news release [1] Company Overview - Blackrock Silver Corp. is a junior precious metal exploration and development company focused on adding shareholder value through its 100% controlled Nevada portfolio [3] - The company's properties consist of low-sulphidation, epithermal gold and silver mineralization located along the Northern Nevada Rift and the Walker Lane trend [3]
Hecla Mining (HL) Falls as Precious Metals Suffer Steepest Drop
Yahoo Finance· 2025-10-22 22:49
Core Insights - Hecla Mining Company (NYSE:HL) experienced a significant decline in share prices, dropping by 11.47% to $12.81 as investors sold off mining stocks following a sharp decrease in silver and gold prices [1][2]. Group 1: Market Performance - Spot prices of silver, which is central to Hecla Mining's operations, fell by as much as 8% during the session, ultimately closing down by 1.20% at $48.13 per troy ounce [2]. - The decline in precious metals prices was attributed to profit-taking after a recent surge to record highs [2]. Group 2: Future Outlook - Investors in the mining sector are closely monitoring the upcoming Federal Open Market Committee meeting, anticipating a potential interest rate cut, which could positively impact precious metals prices by weakening the US dollar [3]. Group 3: Project Developments - Hecla Mining received approval from the US Forest Service for its Libby Exploration Project in Montana, which has an Inferred Resource of 112.2 million tons, containing over 1.5 billion pounds of copper and 183 million ounces of silver as of December 31, 2024 [4].
Coeur Mining (CDE) Gets Battered by Gold Decline
Yahoo Finance· 2025-10-22 22:47
Core Insights - Coeur Mining, Inc. (NYSE:CDE) experienced a significant decline of 16.11% on Tuesday, closing at $18.48, reflecting a broader downturn in the sector due to falling gold prices [1][2] - The prices of gold and silver dropped by 6.3% and 8.7%, respectively, as investors took profits after recent highs in precious metals [2] - Coeur Mining is set to release its third quarter earnings results after market close on October 29, with a conference call planned to discuss the results in detail [3][4] Market Context - The decline in Coeur Mining's stock coincides with an anticipated Federal Reserve interest rate cut, which is expected to support precious metal prices by weakening the US dollar [4] - The recent performance of Coeur Mining and the precious metals market indicates a volatile environment influenced by investor sentiment and macroeconomic factors [2][4]