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Athena Gold Provides Exploration Update From Excelsior Gold-Silver Project, Nevada
Accessnewswire· 2025-11-26 12:00
Core Insights - Athena Gold Corporation has reported positive results from diamond drilling at its Excelsior Springs Project, with a notable return of 4.33 g/t Au over 14.4 meters [1] - Mammoth Minerals Limited is actively exploring the Excelsior Springs Project under an option agreement to earn an 80% interest over five years, which allows Athena to benefit from a free-carry to a Definitive Feasibility Study thereafter [1] Company Developments - The exploration update highlights the ongoing efforts and progress made at the Excelsior Springs Project in Nevada [1] - The partnership with Mammoth Minerals Limited is significant as it indicates a strategic collaboration that could enhance the project's value and development potential [1]
REMINDER -- QGold Initiates Preliminary Economic Assessment of its Recently Acquired Quartz Mountain Gold Project in Oregon from Alamos Gold
Globenewswire· 2025-11-25 12:30
Core Insights - Q-Gold Resources Ltd. has signed an agreement with Kappes, Cassiday & Associates to initiate a preliminary economic assessment (PEA) for the Quartz Mountain Gold Project in Oregon, USA [1][2] - The PEA will evaluate the project's economic potential, including mining methods, processing options, capital and operating costs, and projected financial returns [3] - The Quartz Mountain Gold Project has an estimated mineral resource of 1,543,000 ounces of gold at a grade of 0.96 g/t and 2,049,000 ounces of silver at a grade of 1.27 g/t [5] Company Developments - The engagement of KCA, along with a recently completed NI 43-101 technical report, positions Q-Gold to unlock significant shareholder value from the Quartz Mountain Gold Project [2] - The project was acquired from Alamos Gold in Q3 2025 and is located in a historically proven mining district [2][4] - The results of the PEA are expected in the coming months and will serve as a foundation for future technical studies and permitting activities [4] Strategic Positioning - The project benefits from its favorable location, established infrastructure, and solid mineral resource base, with gold being designated as a strategic asset in the USA [4] - Q-Gold is focused on advancing its portfolio of gold and silver assets toward production, with primary emphasis on the Quartz Mountain Gold Project and the Mine Centre Gold Project in Ontario, Canada [9]
Austral Gold Announces TSXV Approval to Issue Shares
Newsfile· 2025-11-24 09:00
Core Points - Austral Gold Limited has received approval from the TSX Venture Exchange for the issuance of 1,025,077 fully paid ordinary shares to an investor as repayment of accrued interest on previously issued convertible notes [1][2] - The accrued interest has been converted into shares at a conversion price of AUD$0.118 per share, and the shares will be subject to a four-month statutory hold period under Canadian securities laws [2] - Austral Gold is focused on building a portfolio of quality gold and silver mining assets in the Americas, emphasizing production, exploration, and equity investments [3] Company Overview - Austral Gold is an established gold producer with a strategic focus on advancing its portfolio of producing and exploration assets [3] - The company aims to lay the foundation for growth through its attractive asset portfolio [3]
Silver Tiger Announces Filing of Final Short Form Prospectus
Globenewswire· 2025-11-21 23:01
Core Viewpoint - Silver Tiger Metals Inc. has filed a final short form prospectus for a bought deal public offering of common shares, aiming to raise gross proceeds of CAD 40 million, with the potential to increase to CAD 46 million if the over-allotment option is fully exercised [1][2]. Offering Details - The offering price is set at CAD 0.73 per common share, with aggregate gross proceeds of CAD 40,004,000 expected [1]. - The underwriters include BMO Capital Markets and Stifel Nicolaus Canada Inc., among others, and they have an option to purchase an additional 8,220,000 shares [1]. - The closing date for the offering is anticipated to be around November 26, 2025, with conditional approval from the TSX Venture Exchange for the listing of the shares [2]. Company Background - Silver Tiger Metals Inc. is a Canadian company with over 27 years of experience in discovering and building large hydrothermal gold and silver mines in Mexico [5]. - The company owns the 28,414 hectare Historic El Tigre Mining District located in Sonora, Mexico [5]. Project Development - Silver Tiger has been actively working on the El Tigre Project since 2017, completing over 150,000 meters of drilling, with significant updates to mineral resource estimates (MREs) in 2023 and 2024 [6]. - The Preliminary Economic Assessment (PEA) for the El Tigre open pit was released in November 2023, showcasing robust economic metrics [6]. Economic Metrics - The October 2024 Preliminary Feasibility Study (PFS) indicates an After Tax Net Present Value (NPV) of USD 222 million at a 5% discount rate, an After-Tax Internal Rate of Return (IRR) of 40%, and a payback period of 2 years [7]. - The project is expected to generate a life of mine undiscounted After-Tax Cash Flow of USD 318 million, with initial capital costs estimated at USD 86.8 million [7]. - Operating cash costs are projected at USD 973 per ounce of gold equivalent and USD 12 per ounce of silver equivalent, with all-in sustaining costs (AISC) at USD 1,214 per ounce of gold equivalent and USD 14 per ounce of silver equivalent [7].
Eric Sprott Announces Changes to His Holdings in Americas Gold and Silver Corporation
Newsfile· 2025-11-20 23:00
Core Points - Eric Sprott's corporation, 2176423 Ontario Ltd., purchased 250,000 common shares of Americas Gold and Silver Corporation at approximately $5.41 per share, totaling around $1,351,650 [1] - Following this acquisition, Sprott's total beneficial ownership increased to 49,153,940 shares, representing approximately 18.0% of the outstanding shares, up from 17.9% [2] - The shares were acquired for investment purposes, with a long-term view, and there may be future acquisitions or sales depending on market conditions [3] Summary by Sections - **Acquisition Details** - 2176423 Ontario Ltd. purchased 250,000 shares at $5.41 each for a total of $1,351,650 [1] - **Ownership Changes** - Prior to the acquisition, Sprott owned 48,903,940 shares (17.9% of outstanding shares); post-acquisition, ownership increased to 49,153,940 shares (18.0%) [2] - The acquisition and prior issuances resulted in a decrease of approximately 2.3% in holdings since the last early warning report [2] - **Investment Intentions** - The shares were acquired for investment purposes with a long-term perspective; future transactions may occur based on market conditions [3]
New Sampling Expands Cliff Zone to the North at Kettle Valley Gold/Silver Project
Accessnewswire· 2025-11-19 14:00
Core Insights - Goldcliff Resource Corporation has completed construction of drill access trails and new drill pads at the Kettle Valley Gold-Silver Project, which has led to the exposure of additional mineralized rock [1] Group 1 - The construction activities took place between November 3 and 6, 2025 [1] - The newly exposed mineralized rock has prompted further prospecting and sampling efforts [1]
AbraSilver Continues to Drill High-Grade Gold at Diablillos, with 36 Metres of 2.32 g/t Gold Intersected at Oculto East
Newsfile· 2025-11-19 12:30
Core Insights - AbraSilver Resource Corp. has reported new assay results from its ongoing Phase V exploration program at the Diablillos project in Argentina, highlighting high-grade gold mineralization at Oculto East and confirming broad gold-copper mineralization at Cerro Viejo [1][3][4] Summary of Drill Results - At Cerro Viejo, two drill holes intersected continuous gold mineralization from surface, with notable results including: - DDH 25-050: 128.0 metres at 0.24 g/t gold - DDH 25-056: 200.0 metres at 0.32 g/t gold, including 10.0 metres at 1.10 g/t gold and 11.0 metres at 0.33 g/t gold with 0.46% copper [4][5] - At Oculto East, significant high-grade intervals were reported, including: - DDH 25-078: 36.0 metres at 2.32 g/t gold, including 11.0 metres at 3.76 g/t gold - DDH 25-081: 10.0 metres at 0.72 g/t gold [4][5][9] Exploration Potential - The drilling results at Oculto East indicate a large, continuous extension of the mineralized system, with two distinct sub-parallel zones of mineralization approximately 500 metres apart, suggesting significant scale and continuity [3][9] - Drilling at Cerro Viejo confirms the presence of a significant gold-copper porphyry system, with deeper drilling currently underway to evaluate the underlying porphyry source [3][6] Project Development - The company has completed all necessary work for the application under Argentina's Large Investment Incentive Regime (RIGI), aimed at attracting major development projects [13] - The Definitive Feasibility Study (DFS) is nearing completion, with metallurgical test work and site investigations finalized, and is on track for completion in H1 2026 [14] Mineral Resource Estimate - The latest Mineral Resource estimate for Diablillos includes: - Measured: 26,545,000 tonnes at 0.71 g/t gold and 119 g/t silver - Indicated: 46,584,000 tonnes at 0.63 g/t gold and 56 g/t silver - Inferred: 9,693,000 tonnes at 0.58 g/t gold and 34 g/t silver [18]
Silver Bullet Mines Announces Second Shipment of Commercial Gold/Silver Concentrate
Newsfile· 2025-11-17 19:12
Core Viewpoint - Silver Bullet Mines Corp. has successfully processed and shipped high-grade gold/silver concentrates from its KT Gold Mine in Arizona, with ongoing plans for regular shipments to the Buyer [1][2][4]. Shipment Details - The first shipment consisted of approximately 4000 pounds of concentrate from the KT Gold Mine, received by the Buyer on October 29 [1]. - A second shipment of about 2500 pounds from the KT Gold Mine is scheduled for pickup this week [2]. - The Company is processing additional surface material from the KT Gold Mine to support a third shipment, aiming for biweekly shipments of 2500 to 4000 pounds each [4]. Assay Results and Concentrate Quality - Initial assay results from the SC Mine indicate all concentrate samples tested returned values above detection limits, but the Company sees greater value in concentrates from the KT Mine and will not allocate significant resources to the SC Mine at this time [6]. - The Company is awaiting the Buyer's assay results to determine the precise value of the shipments [5]. Processing and Production Insights - The Company utilizes gravitational processes to separate metals with higher specific gravity, such as gold and silver, from the host material [9]. - The focus is on producing high-grade concentrates to minimize refining and transportation costs, although the concentration ratio for the KT Mine is not yet established [8][12]. Management and Corporate Updates - John MacKenzie has rejoined the board of directors, bringing extensive experience in the mining and metals industry [13]. - The Company has issued 258,675 shares as interest payment related to outstanding debentures [14].
Eagle Plains Partner Earthwise Samples up to 13.4 g/t Gold and 27.2 g/t Silver during Summer Field Program at the Iron Range Gold Project, British Columbia
Accessnewswire· 2025-11-17 12:00
CRANBROOK, BC / ACCESS Newswire / November 17, 2025 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) ("EPL" or "Eagle Plains") is pleased to announce that partner Earthwise Minerals Corp. (CSE:WISE) ("Earthwise" or "WISE") has received results from 2025 fieldwork at Eagle Plains 100% owned Iron Range Project. ...
Stinger Resources Inc. Announces Cancellation of Incentive Stock Options
Newsfile· 2025-11-14 21:05
Company Overview - Stinger Resources Inc. holds interests in gold and silver properties in British Columbia, including the 100% owned past producing Dunwell Mine located near Stewart in the "Golden Triangle" [2] - The company also owns a 100% interest in the Gold Hill property near Fort Steele and the Silver Side property, along with an optioned interest in the Ample Goldmax property in other areas of British Columbia [3] Recent Developments - Effective November 13, 2025, Stinger Resources has cancelled a total of 707,000 incentive stock options that were previously granted on March 19, 2021, with an exercise price of $0.195 [1]