Workflow
Gold and Silver Mining
icon
Search documents
ESGold Announces Brokered LIFE Offering for Gross Proceeds of up to C$7 Million
TMX Newsfile· 2026-02-19 12:15
Core Viewpoint - ESGold Corp. has announced a private placement agreement with Red Cloud Securities Inc. to raise gross proceeds of up to C$7,000,600 through the sale of up to 10,295,000 units at a price of C$0.68 per unit [1] Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at a price of C$1.00 within 36 months of the closing date [2] - The company grants the agent an option to sell up to an additional 1,471,000 units for up to an additional C$1,000,280 in gross proceeds [3] - The offering is expected to close on March 10, 2026, subject to regulatory approvals [7] Group 2: Use of Proceeds - The net proceeds from the sale of units will be used for advancing the Montauban Project in Québec and for general working capital and corporate purposes [4] Group 3: Regulatory Compliance - The units will be offered to purchasers in specific Canadian provinces under the listed issuer financing exemption and may also be sold in the U.S. and other jurisdictions under applicable laws [5] - The offering document related to the offering is accessible on the company's profile and website [6]
Hecla Mining: A Phoenix Rises And Goes All In On Silver
Seeking Alpha· 2026-02-18 17:36
Core Insights - Hecla Mining Company (HL) has been a long-term investment since its stock price was $2 during the pandemic in 2020, with significant growth in gold and silver mining stocks [1] - BAD BEAT Investing, led by Quad 7 Capital, has a strong track record, being 95% long and 5% short on average since May 2020, and is known for its strategic market calls [1] - The investment group focuses on teaching investors to become proficient traders, providing in-depth research, clear entry and exit targets, and various trading tools [1] Company Overview - Hecla Mining Company specializes in gold and silver mining, benefiting from the recent surge in mining stocks [1] - The investment strategy includes both short- and medium-term investments, income generation, and momentum trades [1] Investment Strategy - BAD BEAT Investing emphasizes the importance of understanding market dynamics and executing well-researched trade ideas weekly [1] - The group offers multiple resources, including chat rooms, daily analyst summaries, and options trading education [1]
Lahontan Drills More Shallow Oxide Gold at West Santa Fe: 49m Grading 0.83 g/t Au Eq Including 11m Grading 1.83 g/t Au Eq
Globenewswire· 2026-02-18 12:02
Core Viewpoint - Lahontan Gold Corp. has announced positive analytical results from its 2025 drilling program at the West Santa Fe project, confirming the presence of precious metal mineralization and indicating potential for further exploration and development [1][4]. Drilling Results - The recent assay results include two reverse-circulation drill holes, WSF25-02R and WSF25-05R, with significant intervals of gold and silver mineralization [1][2]. - WSF25-02R reported 48.8 meters grading 0.83 g/t Au Eq, including 10.7 meters at 1.83 g/t Au Eq, indicating strong continuity with historic drilling [2][8]. - WSF25-05R showed 45.7 meters grading 0.64 g/t Au Eq, with a notable 9.2 meters at 1.29 g/t Au Eq, suggesting mineralization begins at the surface [2][8]. Mineralization Characteristics - The mineralization at West Santa Fe has a surface expression of approximately 500 by 350 meters, with thickness varying from 35 to 60 meters [4]. - The geometry of the mineralized zone is gently dipping, which may facilitate low-cost open-pit mining in the future [6]. Future Plans - The company has multiple drill sites permitted around the central mineralized zone and is planning follow-up drilling to further delineate the West Santa Fe system [4]. - The final results from the 2025 drill program are expected to be released shortly, with ongoing plans to advance the Santa Fe Mine project towards production [4][19]. Company Overview - Lahontan Gold Corp. is a Canadian mine development and mineral exploration company with four gold and silver exploration properties in Nevada's Walker Lane [19]. - The flagship Santa Fe Mine project has a historical production of 359,202 ounces of gold and 702,067 ounces of silver, with a current indicated mineral resource of 1,539,000 oz Au Eq [19].
Fredonia Mining Inc. Announces Completion of Early Warrant Exercise Incentive Program
Globenewswire· 2026-02-17 22:15
Core Points - Fredonia Mining Inc. announced gross proceeds of approximately $473,000 from the exercise of 1,576,666 share purchase warrants at an exercise price of $0.30 per share [1] - The company implemented an early warrant exercise incentive program, providing additional 1,576,666 new share purchase warrants to exercising holders, each allowing the purchase of one additional common share at $0.60 for 24 months [2] - A total of 5,090,001 $0.30 Warrants remain outstanding and are exercisable until September 25, 2027 [3] Related Party Transactions - The warrant exercise program involved related party transactions, with CEO Estanislao Auriemma and directors Ricardo Auriemma and Waldo Perez participating by exercising a total of 143,333 $0.30 Warrants [4] - Insider participation was limited to 10% of the outstanding $0.30 Warrants, and the company relied on exemptions from certain requirements under Multilateral Instrument 61-101 [4] Company Information - Fredonia holds gold and silver license areas totaling approximately 18,300 hectares in the Deseado Massif region of Santa Cruz, Argentina, including the El Dorado-Monserrat project, El Aguila project, and Petrificados project [7]
Westhaven Shareholders Approve the Proposed $85 Million Earn-In Transaction With Dundee
Globenewswire· 2026-02-17 21:00
Core Viewpoint - Westhaven Gold Corp. has successfully obtained shareholder approval for the Earn-In Transaction with Dundee Corporation, indicating strong support for the company's strategic direction and future growth potential [1][2]. Shareholder Approval - The ordinary resolution for the Earn-In Transaction received overwhelming support, with 99.69% of votes in favor from shareholders present or represented by proxy at the special meeting [2]. - A total of 86,911,531 common shares were represented at the meeting, accounting for approximately 35% of the total issued and outstanding common shares as of the record date [2]. Earn-In Transaction Details - Further information regarding the terms of the Earn-In Transaction can be found in the management information circular dated January 9, 2026, available on the company's SEDAR+ profile [3]. - The transaction is still subject to final approval from the TSX Venture Exchange [3]. Company Overview - Westhaven Gold Corp. focuses on gold and silver exploration and development, targeting high-grade epithermal mineralization in the Spences Bridge Gold Belt, British Columbia [4]. - The company controls approximately 60,263 hectares across four gold properties in this underexplored region [4]. Shovelnose Gold Project - The Shovelnose Gold project is highlighted as the most advanced property, featuring a Preliminary Economic Assessment that supports its potential as a low-cost, high-margin underground mining opportunity [5]. - The project is projected to have an average annual life-of-mine production of 56,000 ounces of gold and 313,000 ounces of silver, with an after-tax net present value of CDN$454 million at a 6% discount rate and an internal rate of return (IRR) of 43.2% based on base case parameters [5].
ESGold Appoints Galen Carson to Advisory Board
Accessnewswire· 2026-02-17 12:30
Core Insights - ESGold Corp. has appointed Galen Carson, Founder and Principal of Caram Media Inc., to its Advisory Board, formalizing an expanded relationship with him [1] - Mr. Carson's strategic leadership has been instrumental in repositioning ESGold as a near-term gold and silver producer with significant district-scale upside potential [1] Company Developments - The appointment of Mr. Carson follows a long-term strategic relationship that began in October 2024, indicating a commitment to ongoing collaboration [1] - The partnership with Caram Media has coincided with a fundamental transformation of ESGold, suggesting positive changes in the company's operational and strategic direction [1]
Austral Gold Announces A$8.456 million Strategic Placement
TMX Newsfile· 2026-02-17 12:09
Core Viewpoint - Austral Gold Limited has secured A$8.456 million in firm commitments for a private placement of new shares, aimed at enhancing its exploration and development programs in Chile and Argentina [1][10]. Placement Details - The placement involves issuing 46,977,778 new shares at A$0.18 per share to Australian sophisticated and institutional investors [2][10]. - The offer price represents a 20% discount to the closing price on ASX on February 16, 2026, and a discount of approximately 15% to the 15-day VWAP [11]. Use of Proceeds - Proceeds from the placement will be allocated to accelerate exploration programs in Guanaco and Casposo, expand processing capacity, and cover working capital needs [12][10]. Regulatory and Settlement Information - The new shares will be issued under the existing placement capacity pursuant to ASX Listing Rule 7.1A, with settlement subject to corporate and regulatory approvals [3][4]. - An indicative timetable for the placement includes trading halt lifting and announcement on February 17, 2026, with settlement and allotment occurring shortly after final acceptance by the TSXV [6][7]. Company Overview - Austral Gold is a growing gold and silver mining producer focused on production, exploration, and equity investments in the Americas [8].
Westhaven Launches 50,000m 2026 Drill Program at the Shovelnose Gold and Silver Project, Southern British Columbia
Globenewswire· 2026-02-17 12:00
VANCOUVER, British Columbia, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Westhaven Gold Corp. (TSX-V: WHN) (OTCQB: WTHVF) (“Westhaven” or the “Company”) is pleased to report the start of drilling at the Company's Shovelnose gold and silver Project in the Spences Bridge Gold Belt of southern British Columbia. Subject to the outcome of today’s special meeting of Westhaven shareholders to consider the proposed transaction with Dundee Corporation (TSX: DC.A) (“Dundee”), as previously described in the Company’s news relea ...
Stinger Resources Inc. Completes Non-Brokered Private Placement
TMX Newsfile· 2026-02-13 23:30
Core Viewpoint - Stinger Resources Inc. has successfully closed a non-brokered private placement, raising a total of $160,000 by issuing 3,200,000 units at a price of $0.05 per unit [1]. Group 1: Offering Details - The private placement was announced on January 7, 2026, and involved no finder's fees [1]. - All securities issued under the Offering are subject to a hold period that expires on June 14, 2026, in accordance with CSE policies and applicable securities laws [2]. Group 2: Insider Participation - Certain directors and officers of the Company participated in the Offering, purchasing 1,400,000 units for gross proceeds of $70,000 [3]. - This insider participation is classified as a related party transaction and is exempt from formal valuation and minority shareholder approval requirements under MI 61-101, as the fair market value of the securities did not exceed 25% of the Company's market capitalization [3]. Group 3: Company Overview - Stinger Resources Inc. holds interests in gold and silver properties in British Columbia, including the 100% owned Dunwell Mine, which is located in the "Golden Triangle" [5]. - The Company also owns the Gold Hill property and the Silver Side property, along with an optioned interest in the Ample Goldmax property in British Columbia [6].
Why Hycroft Mining Stock Popped Today
Yahoo Finance· 2026-02-13 17:02
分组1 - Hycroft Mining Holding Corporation's stock experienced volatility, initially dropping 2% on Wednesday and 8% on Thursday, but rebounded with a 12.7% increase by Friday morning [1] - The price of gold has fluctuated significantly, reaching an all-time high of $5,419.80 per ounce on January 28, then falling to nearly $4,500 in early February, before stabilizing around $5,030 per ounce [2] - Silver prices also showed similar trends, peaking at $116.58 per ounce on January 28, dropping to $66, and then recovering to around $78 [3] 分组2 - Despite the rise in gold and silver prices, Hycroft Mining has not been able to generate profits since 2013 and has not reported any revenue in the past three years [4] - Analysts predict continued losses for Hycroft Mining through at least next year as the company prepares to resume mining activities, raising concerns about the future value of gold and silver [5] - The Motley Fool Stock Advisor's analyst team has identified ten stocks as better investment opportunities than Hycroft Mining, indicating a lack of confidence in Hycroft's potential for significant returns [6]