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Baru Gold Announces Addition to the Board and Grants Options
Thenewswire· 2025-11-17 14:00
Core Insights - Baru Gold Corp. has appointed Matthew Charles Farmer to its Board of Directors, bringing over 30 years of experience in exploration and mining across multiple regions [1][2] Company Overview - Baru Gold Corporation is a junior gold developer with NI 43-101 gold resources in Indonesia, aiming to become one of the country's next gold producers [12] Leadership Experience - Mr. Farmer has held senior roles in major mining companies such as Newmont, BP Minerals, and PanAust, recognized for his operational discipline and project advancement capabilities [2][3] - His extensive experience in Indonesia includes leading exploration projects and managing significant budgets, contributing to the discovery of high-grade resources [4][5] Contributions to Mining Projects - Mr. Farmer has been involved in the development of world-class deposits, including Batu Hijau and the Nui Phao polymetallic deposit, showcasing his expertise in the full exploration life cycle [3][5] - He has successfully led exploration teams and secured joint ventures, enhancing the operational capabilities of the companies he has worked with [4][6] Stock Options - The company has granted 300,000 stock options to Mr. Farmer and an additional 950,000 stock options to other directors and employees, with an exercise price of $0.06 for a period of two years [10] - An officer of the company has also been granted 1,800,000 stock options at an exercise price of $0.075 for the same duration [11]
QcX Gold to Conduct High Resolution Magnetic Survey on Batchawana Project, Ontario
Newsfile· 2025-11-17 13:58
Core Insights - QcX Gold Corp. is set to conduct a large-scale, high-resolution airborne magnetic survey at its Batchawana Project in Ontario, with work commencing in November 2025 [1][3]. Project Overview - The Batchawana Project is adjacent to Sterling Metals Corp.'s Soo Copper Project, which recently reported significant copper discoveries, including intervals of 262.5 m at 1.05% CuEq, 68.3 m at 3.25% CuEq, and 9.3 m at 19.8% CuEq [2]. - QcX shares a 6.6 km boundary with the discovery area, positioning the company in a promising emerging copper district in Canada [2]. Survey Details - The magnetic survey will utilize 75-metre line spacing to gather detailed magnetic data, aiding in the identification of structural features, stratigraphy, and potential mineralized centers [3]. - The new geophysical data will be integrated with historical datasets to create high-priority targets for ground-based exploration in 2026 [3]. Geological Context - The Batchawana Project is situated within the Precambrian Batchawana Greenstone Belt, part of the Mid-Continent Rift, known for hosting large porphyry-style copper systems [4]. - The property is located along the strike of the historically productive Tribag Mine, which was mined for copper, molybdenum, silver, and gold [5]. Strategic Alignment - The geological features of the Batchawana Project show continuity with Sterling's mineralized corridor, with historic soil anomalies and untested geophysical conductors that have not been systematically explored using modern techniques [6]. Future Plans - Following the interpretation of the magnetic survey results, QcX plans to initiate a property-wide prospecting and ground-truthing program in 2026, focusing on delineating copper-molybdenum-silver-gold porphyry targets [7].
Forge Resources Intercepts 105 g/t Au in the Payoff Zone at Alotta Project, Yukon
Newsfile· 2025-11-17 13:30
Core Insights - Forge Resources Corp. announced high-grade gold assay results of 105 g/t Au over a core length of 1.25 m from drill hole ALT-25-012 at the Alotta Project, indicating strong gold potential in the Payoff Zone [1][4][6] Company Overview - Forge Resources Corp. is a Canadian junior exploration company focused on the Alotta project, which consists of 230 mineral claims covering approximately 4,723 hectares in the Yukon Territory [26] - The Alotta project is located 50 km southeast of the Casino porphyry deposit, one of the largest undeveloped gold-copper porphyry projects globally [24] Drilling Program - The Phase 2 diamond drill program involved 1,262.75 m of drilling across four drill holes, with results from drill hole ALT-25-012 being highlighted [11][16] - The drilling confirmed widespread gold-bearing sulphide mineralization and quartz veining across a 500-meter strike length, reinforcing the zone's potential within a large geophysical anomaly [6][16] Assay Results - The assay results from drill hole ALT-25-012 showed 105 g/t Au over 1.25 m, with additional assays pending for silver, copper, and molybdenum [13][4] - Previous drill hole results included 0.46 g/t Au over 211.65 m and 0.45 g/t Au over 53.22 m, indicating consistent gold mineralization across the Payoff Zone [16] Exploration Strategy - The company plans to prioritize several large 'bull's-eye' targets defined by coincident copper, gold, and molybdenum soil anomalies and supporting geophysical signatures as exploration advances [4] - Visible gold within quartz veining has been observed, underscoring the robustness of the mineralized corridor [4][6] Upcoming Events - Forge Resources will participate in the Yukon Geoscience Forum from November 16 to 19, showcasing select drill core from the Alotta property [19]
Gold Doubled to $4,000, Mining Valuations Didn't: 3 Top Stocks To Consider
Benzinga· 2025-11-17 13:28
If you only looked at price charts, you’d think everyone loves gold miners right now.GDX doubled. GDXJ doubled. Spot gold broke above $4,000, capping a year of record-setting gains.And while miners climbed 115%, roughly $5 billion walked out of mining ETFs. The biggest outflows happened in October, right as prices peaked. That’s the opposite of what happens in blow-off tops. It’s what happens when institutions take profits and retail hasn’t caught up yet.This means that the mining trade isn’t overcrowded. I ...
Scandium Canada announces the sale of its La Ronciere gold project to Barrick
Thenewswire· 2025-11-17 13:10
Montreal, Québec – TheNewswire - November 17, 2025 — Scandium Canada Ltd. (TSX-V: SCD) is pleased to inform its shareholders that it has entered into a definitive agreement to sell its La Roncière gold project to a wholly owned subsidiary of Barrick Mining Corporation (“Barrick”) for a total consideration of up to C$590,000 in cash.Under the terms of the agreement, Scandium Canada will receive an initial payment of C$390,000, followed by an additional payment of up to C$200,000, conditional upon Barrick p ...
Gold price today, Wednesday, November 19: Gold rises after stock prices fall
Yahoo Finance· 2025-11-17 12:50
Gold (GC=F) futures opened at $4,067.80 per ounce on Wednesday, flat with Tuesday’s close of $4,066.50. The price of gold rose above $4,100 in early trading. Gold strengthened slightly after three major stock indexes lost value Tuesday. The tech-heavy Nasdaq Composition (IXIC) fell 1.2%, the blue-chip-focused Dow Jones Industrial Average (DJIA) declined 1.1%, and the large-cap S&P 500 (GSPC) was down 0.8%. Concerns about the high valuations of tech stocks are driving the volatility. Tech companies are i ...
Thunder Gold to Host Investor Webinar
Newsfile· 2025-11-17 12:35
Thunder Bay, Ontario--(Newsfile Corp. - November 17, 2025) - Thunder Gold Corp. (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) ("Thunder Gold" or the "Company") is pleased to announce that the Company's CEO, Wes Hanson, P.Geo., will host an investor update on Tuesday, November 25, 2025, at 10:00am PST / 1:00pm EST.The investor update presentation will touch on the strategy behind the most recent Phase 3 drill program. It will also explain the Company's low-cost exploration strategy, progress toward defining a larg ...
Midland Signs Definitive Agreement With Barrick for the Lewis Gold Property
Globenewswire· 2025-11-17 12:30
MONTREAL, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Midland Exploration Inc. ("Midland") (TSX-V: MD) is pleased to announce the signing of a definitive option agreement with a wholly-owned indirect subsidiary of Barrick Mining Corporation ("Barrick") for the Lewis gold property (the “Property”), currently wholly-owned by Midland and located about 60 kilometres southwest of the town of Chapais in the Abitibi, Quebec (the “Transaction”). Option Agreement Pursuant to the Transaction, Barrick has the right to acquire u ...
Galiano Gold Advances Towards a Maiden Underground Resource at Abore with Additional High-Grade Results Encountered Including 4.7 g/t Au over 28m and 3.5 g/t Au over 17m
Newsfile· 2025-11-17 12:30
Galiano Gold Advances Towards a Maiden Underground Resource at Abore with Additional High-Grade Results Encountered Including 4.7 g/t Au over 28m and 3.5 g/t Au over 17mNew high grade drilling intercepts to be included in maiden underground Mineral ResourceNovember 17, 2025 7:30 AM EST | Source: Galiano Gold Inc.Vancouver, British Columbia--(Newsfile Corp. - November 17, 2025) - Galiano Gold Inc. (TSX: GAU) (NYSE American: GAU) ("Galiano" or the "Company") is pleased to provide an update on th ...
Scottie Announces $23.5 Million Non-Brokered Financing
Newsfile· 2025-11-17 12:30
Vancouver, British Columbia--(Newsfile Corp. - November 17, 2025) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to announce a non-brokered private placement offering of up to 10,981,308 charitable flow-through shares of the Company ("Charity FT Shares") at a price of $2.14 per Charity FT Share for gross proceeds of up to $23,500,000 (the "Offering"). Each Charity FT Share will qualify as a "flow-through share", within the meaning of subsection 66( ...