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Fortuna advances $19 million generative exploration program across Côte d’Ivoire, Mexico, and Argentina
Globenewswire· 2025-09-10 09:00
Core Viewpoint - Fortuna Mining Corp. is actively advancing its $19 million generative exploration program across its projects in Côte d'Ivoire, Mexico, and Argentina, focusing on identifying new growth opportunities [1][2]. Generative Exploration Highlights - The Guiglo Project in Côte d'Ivoire covers 1,142 square kilometers and includes unexplored areas with favorable geology [3]. - Stream sediment sampling has identified four anomalous catchments, with follow-up soil sampling revealing a significant gold anomaly exceeding 20 parts per billion [4]. - Fieldwork is set to resume in October 2025, including additional sampling and drilling [5]. Tongon North Project, Côte d'Ivoire - The exploration program includes scout drilling of previously untested targets and mapping of artisanal zones [7]. - Preliminary targets are associated with fertile structures extending northeast along Barrick's Tongon Mine [8]. - Fieldwork is expected to restart in November, pending weather conditions [10]. Centauro Project, Mexico - The Centauro Project is located in southeastern Chihuahua and covers 600 hectares, with fieldwork already commenced [11]. - Historical exploration has shown widespread anomalous gold and silver values, indicating a fertile epithermal system [12]. - Recent mapping has confirmed a large silica-capped plateau, suggesting a preserved hydrothermal paleosurface [13]. - A first-pass drill campaign is planned to test the potential of the system at depth [14]. La Carmen Project, Mexico - Early-stage exploration is ongoing at La Carmen, characterized by widespread kaolinite alteration over a 5-kilometer area [18]. - Mapping has identified three main zones indicative of a preserved epithermal system [19]. - Surface access agreements are being secured to commence detailed geological mapping and sampling [20]. Cerro Lindo Project, Argentina - The Cerro Lindo Project is located near Fortuna's Lindero Mine and covers 95 square kilometers, with potential for a high-sulphidation epithermal gold and silver system [21][22]. - Previous sampling has shown extensive gold and silver anomalism, along with significant pathfinder elements [22]. - The Arizaro deposit, part of the Lindero property, has an Inferred Mineral Resource of 32.4 million tons averaging 0.37 g/t Au [24]. Drilling Results - Recent drilling at the Arizaro deposit has yielded significant results, including: - ARD68: 0.69 g/t Au, 0.40% Cu over 22 meters [27] - ARD69: 0.39 g/t Au, 0.19% Cu over 27 meters [27] - ARD71: 0.52 g/t Au, 0.15% Cu over 57 meters [27] - A total of 14 diamond drill holes have been completed, with results received for 7 holes to date [25].
Fortuna advances $19 million generative exploration program across Côte d'Ivoire, Mexico, and Argentina
Globenewswire· 2025-09-10 09:00
Core Insights - Fortuna Mining Corp. has initiated a $19 million generative exploration program across its projects in Côte d'Ivoire, Mexico, and Argentina, aiming to identify and advance new projects for future growth [1][2]. Côte d'Ivoire Projects - The Guiglo Project covers 1,142 square kilometers and includes two permits granted in late 2024, with a third under application, focusing on unexplored areas with favorable geology [3]. - Stream sediment sampling has identified four anomalous catchments, with follow-up soil sampling revealing a significant gold anomaly exceeding 20 parts per billion [4]. - The Tongon North Project has seen active exploration, including drill testing of geochemical and geophysical targets, with fieldwork expected to resume in November 2025 [7][9]. Mexico Projects - The Centauro Project, located in southeastern Chihuahua, has commenced fieldwork after Fortuna obtained option rights to earn a 100% interest in three claims totaling 600 hectares [10]. - Historical exploration has indicated widespread anomalous gold and silver values, suggesting a fertile epithermal system [11]. - Recent mapping has confirmed a large silica-capped plateau, with a first-pass drill campaign planned to test the potential for a preserved gold and silver system at depth [12][13]. Argentina Projects - The Cerro Lindo Project, located near Fortuna's Lindero Mine, is considered prospective for hosting a high-sulphidation epithermal gold and silver system, with previous sampling indicating significant gold and silver anomalism [19][20]. - The Arizaro Deposit, with an Inferred Mineral Resource of 32.4 million tonnes averaging 0.37 g/t Au, has seen extensive drilling, with results indicating promising mineralization [23][26]. - Recent drilling highlights include significant intercepts of gold and copper, with ongoing exploration aimed at understanding the extent of the mineralization [26][25].
Silvercorp Announces Filing of Base Shelf Prospectus
Prnewswire· 2025-09-04 23:13
Core Viewpoint - Silvercorp Metals Inc. has filed a base shelf prospectus allowing it to offer up to US$400 million in various securities over a 25-month period, although there is no current intention to do so [2][3]. Group 1: Filing Details - The base shelf prospectus was filed with securities commissions across Canada and a corresponding registration statement was filed with the SEC in the United States [1]. - The company qualifies to offer common shares, preferred shares, debt securities, subscription receipts, units, and warrants, or any combination thereof [2]. Group 2: Offering Conditions - Securities may be offered separately or together, with amounts, prices, and terms determined based on market conditions at the time of sale [3]. - Specific terms of any offering will be detailed in a shelf prospectus supplement to be filed with relevant securities regulatory authorities [3]. Group 3: Company Overview - Silvercorp is a Canadian mining company focused on producing silver, gold, lead, and zinc, with a strategy aimed at generating shareholder value through free cash flow, organic growth, mergers and acquisitions, and a commitment to responsible mining and ESG [6].
Agnico Eagle Mines Limited (AEM) Presents At Jefferies Mining And Industrials Conference 2025 Transcript
Seeking Alpha· 2025-09-04 19:02
Company Overview - Agnico Eagle is the second largest gold company in the world with a market capitalization of approximately $70 billion as of last week, likely higher today [2] - The company has achieved a production level of 3.5 million ounces per year, positioning itself as a low-cost producer through disciplined acquisitions and a regional focus primarily in Canada [2] - Notably, 85% of Agnico Eagle's net asset value is concentrated in Canada, highlighting its strategic regional focus [2] Leadership - Jamie Porter serves as the Executive Vice President of Finance and Chief Financial Officer, representing the company at the conference [2]
American Pacific Samples up to 45.1 g/t Gold, 6.9% Copper and Significantly Expands Mineralized Footprint at Madison
Newsfile· 2025-09-04 11:00
Vancouver, British Columbia--(Newsfile Corp. - September 4, 2025) - American Pacific Mining Corp. (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC1) ("American Pacific" or the "Company") is pleased to announce the successful completion of its Summer 2025 surface sampling field program at the Madison Copper-Gold Project (the "Project") in Montana, USA.Results confirm the presence of additional high-grade skarn-style mineralization at surface, along with polymetallic and porphyry-style indicators across the district, wh ...
INTEGRA ANNOUNCES ACCEPTANCE OF MINE PLAN OF OPERATIONS FOR DELAMAR PROJECT
Prnewswire· 2025-09-04 10:30
TSXV: ITR; NYSE American: ITRGwww.integraresources.comVANCOUVER, BC, Sept. 4, 2025 /PRNewswire/ - Integra Resources Corp. ("Integra" or the "Company") (TSXV: ITR) (NYSE American: ITRG) is pleased to announce that the updated Mine Plan of Operations ("MPO") for the DeLamar Project ("DeLamar" or the "Project") has been determined by the United States Bureau of Land Management ("BLM") to have met the content requirements of the United States Code of Federal Regulations ("CFR"), Title 43 Subpart 3809.Highlights ...
Blackrock Silver Receives 4.24 Million Dollars from Warrant Exercises and Upsizes Eastern Resource Expansion Drill Program at Tonopah West
Newsfile· 2025-09-04 10:00
Core Points - Blackrock Silver Corp. has received C$4.24 million from the exercise of 9,830,880 common share purchase warrants since July 8, 2025, enhancing its financial position for project development [1][4] - The total number of common shares outstanding is now 325,490,026, following the warrant exercises [2] - The company has expanded its Eastern Resource Expansion drill program at the Tonopah West project by adding 7 drillholes, bringing the total to 22 drillholes and up to 7,000 meters of drilling [3][4] Financial Position - The C$4.24 million received from warrant exercises has strengthened the company's treasury, allowing for aggressive advancement of the Tonopah West project [4] - The company aims to upgrade a portion of the DPB-South inferred resources to higher confidence categories, with an updated mineral resource estimate expected in early September 2025 [4] Project Development - Drilling for the Eastern Resource Expansion program is progressing rapidly, with 19 out of 22 holes completed and assay results pending [3][4] - A further resource update focused on extending mine life is scheduled for Q1 2026 [4] Company Overview - Blackrock Silver Corp. is a junior precious metal exploration and development company, focused on its 100% controlled Nevada properties, which feature low-sulphidation, epithermal gold and silver mineralization [6]
How Much Further Will Gold And Silver Run?
Seeking Alpha· 2025-09-04 10:00
Group 1 - Precious metals, particularly gold and silver, are expected to rise due to increasing global tensions and geopolitical conflicts, particularly related to the Ukraine situation [4][8][19] - Countries are accumulating gold as a strategic asset for potential military conflicts, indicating a shift in geopolitical dynamics [6][9][12] - The demand for gold is driven by large-scale purchases from governments, which cannot be easily manipulated by market forces, leading to a sustained increase in prices [11][12][20] Group 2 - The production ratios of precious metals indicate potential price movements, with silver being produced at a significantly higher rate than gold, suggesting a possible future price adjustment [23][24][25] - The conversation around interest rates and central bank policies is crucial, as lower interest rates could lead to increased liquidity and inflation, further impacting precious metal prices [28][34][36] - The current economic environment is characterized by volatility and unpredictability, which could create both opportunities and risks for investors in precious metals [42][44][45]
Fortuna to present at Mining Forum Americas 2025 in Colorado Springs, USA
Globenewswire· 2025-09-02 09:00
Core Viewpoint - Fortuna Mining Corp. will participate in the Mining Forum Americas, a significant event for precious commodity equities and their investors, taking place from September 14 to 17, 2025 [1][2]. Company Overview - Fortuna Mining Corp. is a Canadian precious metals mining company operating three mines and holding exploration projects in Argentina, Côte d'Ivoire, Mexico, Peru, and the Diamba Sud Gold Project in Senegal [3]. - The company emphasizes sustainability in its operations, focusing on efficient production, environmental stewardship, and social responsibility while producing gold and silver [3]. Event Details - Jorge A. Ganoza, the President and CEO of Fortuna, will present at the Mining Forum Americas on September 15 at 11:00 a.m. Mountain Daylight Time [2]. - The Mining Forum Americas is recognized as the world's oldest and largest gathering of precious commodity equities, showcasing a significant portion of publicly traded gold and silver companies [2].
Coeur Mining (CDE) Recently Broke Out Above the 20-Day Moving Average
ZACKS· 2025-08-28 14:35
Technical Analysis - Coeur Mining (CDE) has reached an important support level and surpassed resistance at the 20-day moving average, indicating a short-term bullish trend [1] - The 20-day simple moving average is a popular tool among traders, providing insights into short-term price trends and trend reversals [1][2] Earnings Estimates - Positive earnings estimate revisions for CDE strengthen the bullish case, with no lowered estimates in the past two months and three raised estimates for the current fiscal year [3] - The consensus earnings estimate for CDE has also increased, suggesting potential for further gains [3] Stock Performance - CDE shares have increased by 42.5% over the past four weeks, indicating strong upward momentum [4] - The company currently holds a Zacks Rank 3 (Hold), suggesting the potential for continued stock price appreciation [4]