VANCOUVER, British Columbia, June 25, 2025 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) provides an update on ramp-up operations at the Madsen Mine in Red Lake, Ontario. Following the fatal incident at site on the morning of June 16th, the mine and mill were both shut down. The mill restarted after approximately 40 hours. The mine restarted 12 hours after the mill, ramping up to full operations based on personnel availability ...

VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) announces that it will release its 2025 second quarter financial results before the North American trading markets open on Monday, August 11, 2025. Conference Call and Webcast to Present Results K92 will host a conference call and webcast to present the 2025 second quarter financial results at 8:30 am (EDT) on Monday, August 11, 2025. Listeners may access the conference call by di ...

VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) -- Westhaven Gold Corp. (TSX-V:WHN) is pleased to announce the voting results from the Company’s Annual General Meeting of Shareholders held on June 24, 2025. The shareholders approved all motions put forth at the Meeting including the re-appointment of Smythe LLP, Chartered Professional Accountants, as the Company's independent auditors, and the Company's 2025 Equity Incentive Plan. The shareholders re-elected Hannah McDonald, Paul McRae, Victor T ...

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Core Viewpoint - 1911 Gold Corporation has announced a bought deal offering to raise gross proceeds of C$11,500,202 through the sale of various types of common shares, including non-flow-through shares and flow-through shares, to fund exploration and development activities [1][9]. Group 1: Offering Details - The offering includes 2,500,000 non-flow-through shares at C$0.20 each, 2,924,000 flow-through shares qualifying as Canadian exploration expenses at C$0.342 each, 26,042,000 flow-through shares at C$0.288 each, and 10,163,000 flow-through shares qualifying as accelerated Canadian development expenses at C$0.246 each [1]. - The underwriters have an option to purchase an additional 15% of the offering in any combination of the offered shares [2]. - The offering is expected to close on or about July 17, 2025, subject to necessary approvals and closing conditions [9]. Group 2: Use of Proceeds - The net proceeds from the sale of non-flow-through shares will be used for general corporate and working capital purposes [6]. - The gross proceeds from the sale of flow-through shares will be used to incur qualifying expenditures related to Canadian exploration and development expenses by specific deadlines [4][5]. Group 3: Regulatory and Compliance - The flow-through shares will be offered under private placement exemptions in Canada, while non-flow-through shares will be offered in compliance with U.S. securities laws [3][11]. - The CEE PP Shares will be subject to a hold period in Canada expiring four months and one day from the closing date of the offering [7]. Group 4: Company Overview - 1911 Gold Corporation is a junior explorer with a consolidated land package of over 61,647 hectares in Manitoba, including the True North mine and mill complex [12]. - The company aims to focus on organic growth and accretive acquisition opportunities in North America [12].

Core Viewpoint - New Gold (NGD) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, particularly influenced by institutional investors [4]. - Rising earnings estimates for New Gold suggest an improvement in the company's underlying business, which could lead to higher stock prices as investors respond positively [5]. Zacks Rank System - The Zacks Rank system classifies stocks based on earnings estimate revisions, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7]. - New Gold's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10]. Earnings Estimate Revisions for New Gold - For the fiscal year ending December 2025, New Gold is expected to earn $0.42 per share, consistent with the previous year's figure [8]. - Over the past three months, the Zacks Consensus Estimate for New Gold has increased by 83.7%, reflecting a significant upward revision in earnings expectations [8].

Core Viewpoint - Gold Fields (GFI) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3][10] Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6] - Institutional investors often adjust their valuations based on changes in earnings estimates, leading to significant buying or selling actions that affect stock prices [4] Recent Performance of Gold Fields - For the fiscal year ending December 2025, Gold Fields is expected to earn $2.57 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 47.7% over the past three months [8] Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7] - Gold Fields' upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10]

Core Viewpoint - Kinross Gold (KGC) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][2][4]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, making it a valuable tool for investors [2][3][5]. - Kinross Gold's earnings estimates have seen a substantial increase, with a 48.5% rise in the Zacks Consensus Estimate over the past three months for the fiscal year ending December 2025, projected at $1.15 per share [7]. Zacks Rank System - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks averaging a +25% annual return since 1988 [6]. - Kinross Gold's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [9].

Core Viewpoint - Great Pacific Gold Corp. has increased its private placement offering to raise gross proceeds of $16,944,840 due to strong investor demand [1] Group 1: Offering Details - The offering consists of 37,655,200 units priced at $0.45 per unit, with each unit comprising one common share and one-half of a common share purchase warrant [1][2] - Each whole warrant is exercisable to purchase one additional common share at a price of $0.70 for three years following the closing of the offering [2] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for drilling at the Wild Dog Project, exploration activities in Papua New Guinea, and general administrative expenses [5] Group 3: Regulatory and Advisory Information - The offering will be conducted under specific exemptions from prospectus requirements, and the securities will not be registered under U.S. securities laws [3][7] - Eventus Capital Corp. has been appointed as a special advisor to the company [6] Group 4: Company Overview - Great Pacific Gold holds a portfolio of exploration-stage projects in Papua New Guinea, focusing on developing gold-copper resources [8] - Key projects include the Kesar Project, Wild Dog Project, and Arau Project, each with significant exploration potential [12]

VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) -- Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) (OTCQB:MMETF) (“Miata” or the “Company”) is pleased to announce that it has begun its planned drill test of the Puma Target. This follows the successful completion of the latest five holes drilled at the Golden Hand Target, for which assays are pending (see Miata news release dated June 19, 2025). Featuring a high-quality data set that showcases evidence of a potentially rich gold system, the Puma Targe ...