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Mandalay Resources Discovers High-Grade Skarn and Provides Update on Near Mine Exploration at Björkdal
Globenewswire· 2025-07-14 11:30
TORONTO, July 14, 2025 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) reports continued exploration success at its Björkdal mine in Sweden, including the exciting discovery of a new underground high-grade skarn zone near existing mine development which could bring higher grades to the mill in the near-term. Additionally, ongoing infill and extension drilling to grow resources at the Main (Eastern Extension) and North Zones are delivering above expec ...
Chilco River Holdings Provides Shareholder Update on Strategic Projects and Progress
Newsfile· 2025-07-14 11:30
Los Angeles, California--(Newsfile Corp. - July 14, 2025) - Chilco River Holdings, Inc. (OTCID: CRVH) ("Chilco" or the "Company"), a dynamic holding company and diversified business accelerator, announces updates to ongoing projects that have been making significant progress. Gold Joint Venture in the Philippines Progressing Toward ProductionChilco River Holdings also reports significant progress on its gold recovery joint venture in the Philippines. The project site, located approximately 200 kilometers s ...
Q-Gold Resources completes Phase III diamond drilling at the historic Foley Shaft area and intersects visible gold
Globenewswire· 2025-07-14 11:30
Highlights: Six diamond drillholes have been completed targeting the auriferous veins historically mined from the Foley Mine shaft.Drilling commenced on Wednesday, June 18, 2025, and was concluded on July 3, 2025.Hole Q25-24 intersected 3 specs of visible gold in a 2.4m wide zone of intense quartz veining; assays are pending.Hole Q25-23 intersected a 1.5m polymetallic quartz vein with pyrite, chalcopyrite, sphalerite and galena. TORONTO, July 14, 2025 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (TSXV: QGR) (“ ...
Tunnel Status for Seabridge's KSM Project Challenged by Tudor Gold
Newsfile· 2025-07-14 11:30
Toronto, Ontario--(Newsfile Corp. - July 14, 2025) - Seabridge Gold Inc. (TSX: SEA) (NYSE: SA) ("Seabridge" or the "Company") announced today that Tudor Gold Corp. ("Tudor") has filed a Notice of Appeal in the British Columbia Supreme Court against the Chief Gold Commissioner of British Columbia (the "CGC") and Seabridge which appeals a decision of the CGC rejecting an application brought by Tudor that seeks, in effect, to rescind the legal mechanism which prioritizes Seabridge's rights to use land passing ...
Wesdome Announces Second Quarter 2025 Production Results; On Track to Achieve Full-Year Consolidated Production Guidance
Globenewswire· 2025-07-14 10:30
TORONTO, July 14, 2025 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) today announces its production results for the three and six months ended June 30, 2025 (“Q2 2025” and “YTD 2025”). The Company is also providing notice that it will release its Q2 2025 financial results after markets close on Wednesday, August 13, 2025 and host a conference call and webcast the following morning. Q2 and YTD 2025 Performance Q2 2025Q2 2024% ChangeYTD 2025YTD 2024% Chang ...
Collective Mining Drills 397.50 Metres at 2.62 g/t Gold Equivalent Commencing from Surface at Apollo
Prnewswire· 2025-07-14 10:30
High-grade gold, copper, silver and tungsten assay results have been received for the further six holes from the shallow drilling program designed to outline and expand the zone of mineralization with highlighted results as follows: 397.50 metres @ 2.62 g/t gold equivalent (1.20 g/t gold, 60 g/t silver, 0.33% copper and 0.07% WO3) from surface (APC-122) with a grade accumulation of 1,041 gram x metres. The hole bottomed while still in strong mineralization. 135.20 metres @ 2.71 g/t gold equivalent (0.66 g ...
Thor Explorations Announces Q2 2025 Operating Update
Newsfile· 2025-07-14 06:22
Core Viewpoint - Thor Explorations Ltd. reported a strong operational performance in Q2 2025, achieving record quarterly revenue of US$82.5 million due to high gold prices and effective cost management [7][8]. Q2 Highlights - Gold poured in Q2 2025 totaled 22,784 ounces, with gold sales reaching 25,900 ounces at an average realized price of US$3,187, resulting in revenue of $82.5 million [5]. - The company milled 238,425 tonnes of ore at an average grade of 3.12 g/t, achieving a process plant recovery rate of 93.1% [5]. - Mine production consisted of 242,461 tonnes at an average grade of 3.02 g/t, yielding 23,573 ounces of gold [5]. - The ore stockpile decreased by 307 ounces to 41,092 ounces at an average grade of 0.84 g/t [5]. - The company maintained its FY 2025 production guidance range of 85,000 to 95,000 ounces and AISC guidance of $800 to $1,000 per ounce [5]. Exploration Activities - Ongoing underground drilling at Segilola aims to extend the mine life, with a total of 4,418 meters completed across 12 holes [12]. - In Senegal, over 11,000 meters were drilled at the Baraka 3 prospect, which will be included in the Douta Preliminary Feasibility Study [9][16]. - Exploration in Côte d'Ivoire is advancing with drilling programs on the Guitry, Marahui, and Boundiali licenses [5][10]. Dividend Information - The company will maintain its dividend policy, with a second quarterly dividend payment of C$0.0125 per share scheduled for August 15, 2025 [5][4].
Posting of Circular and Notice of Annual General and Special Meeting
Globenewswire· 2025-07-14 06:00
Meeting Details - The Company has scheduled an Annual General and Special Meeting for shareholders on August 5, 2025, at 11:00 a.m. Toronto time [2] - Shareholders of record as of July 2, 2025, at 5:00 p.m. Toronto time are eligible to vote at the meeting [2] Proposed Transactions - The Meeting will consider the Proposed Transaction and the Melquart Debt Transaction [2][3] - Further details regarding these transactions are available in the Management Information Circular [3] Company Information - Galantas Gold Corporation is a Canadian public company listed on the TSX Venture Exchange and the London Stock Exchange AIM market under the symbol GAL, and on the OTCQX Exchange under the symbol GALKF [4]
Q2-2025 Production Results and Operational Highlights
Globenewswire· 2025-07-14 05:30
Core Viewpoint - Serabi Gold plc reported strong production results for Q2 2025, achieving the highest quarterly output since operations resumed in 2013, with a total of 10,532 ounces of gold produced, marking a 17% increase compared to Q2 2024 [3][4][7]. Production Highlights - Total gold production for the year-to-date (YTD) reached 20,545 ounces, slightly above budget and on track with guidance [3][7]. - The Palito plant feed grades improved by 27% year-to-date compared to the 2024 average, while Coringa's grades improved by 12% [4]. - The company completed over 3,850 meters of horizontal development in Q2 2025, a 10% increase from Q1 2025, marking the highest quarterly development since operations began [7][15]. Financial Performance - Cash balance as of June 30, 2025, was $30.4 million, up from $26.5 million at the end of Q1 2025, with a net cash balance of $24.6 million after liabilities [7][16]. - The company remains on track to achieve its 2025 consolidated production guidance of 44,000 to 47,000 ounces of gold [17]. Exploration and Development - Initial results from brownfield exploration at the Palito Complex, Coringa Mine, and São Domingos target showed promising grades, with several drill holes reporting high gold concentrations [10][7]. - The company is targeting approximately 30,000 meters of drilling this year, with two rigs operating at both Palito and Coringa [10]. Operational Insights - The Coringa mine has shown strong performance, with production from both the Serra and Meio zones, and development activities are ongoing [6][15]. - The Palito Complex has seen significant grade improvements, with mined grades averaging approximately 6.19 g/t gold year-to-date compared to 4.86 g/t in 2024 [9].
Q2-2025 Production Results and Operational Highlights
GlobeNewswire News Room· 2025-07-14 05:30
Core Viewpoint - Serabi Gold plc reported strong production results for Q2 2025, achieving the highest quarterly output since operations resumed in 2013, with a total of 10,532 ounces of gold produced, marking a 17% increase compared to Q2 2024 [3][4][7]. Production Highlights - Total gold production for the year-to-date reached 20,545 ounces, slightly above budget and on track with guidance [3][4]. - The company achieved a 10% improvement in development rates compared to Q1 2025 [3]. - The Palito plant feed grades improved by 27% year-to-date compared to the 2024 average, while Coringa plant feed grades improved by 12% [4]. Operational Performance - The Coringa ore sorter has been operational for six months, allowing the company to process low-grade ore stockpiles while transporting higher-grade ore directly to the Palito plant [5]. - The Serra zone at Coringa has been in operation for four years, with ongoing development and production from multiple levels [6]. - The second quarter saw further development into the Meio zone at Coringa, with stoping just commencing [6]. Financial Update - Cash balances at the end of June 2025 were $30.4 million, up from $26.5 million at the end of Q1 2025 [7][13]. - The net cash balance at the end of Q2 2025 was $24.6 million, an increase from $21.1 million at the end of Q1 2025 [7][13]. Exploration and Growth Strategy - The company is targeting 30,000 meters of drilling this year as part of its brownfield exploration program, with encouraging initial results from various ore bodies [9]. - The goal is to increase the current mineral resource inventory to between 1.5 million ounces and 2.0 million ounces [9]. - Significant contributions to production are expected from the G3 vein at Palito from 2025 to 2027 [8]. Production Guidance - Serabi Gold remains on track to achieve its 2025 consolidated production guidance of 44,000 to 47,000 ounces of gold [14].