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McFarlane Lake Mining Commences Trading on Frankfurt Exchange and Announces Participation in Upcoming Investor Conferences
Globenewswire· 2026-02-17 12:35
Core Viewpoint - McFarlane Lake Mining Limited has commenced trading on the Frankfurt Exchange, aiming to enhance investor awareness of its Juby Gold Project across North America and Europe [1][3]. Company Overview - McFarlane Lake Mining Limited is a Canadian gold exploration company focused on its flagship Juby Gold Project located near Gowganda, Ontario, within the Abitibi Greenstone Belt [6]. - The Juby Gold Project has a current NI 43-101 compliant Mineral Resource Estimate of 1.01 million ounces of gold in the Indicated category at an average grade of 0.98 g/t gold and an additional 3.17 million ounces in the Inferred category at an average grade of 0.89 g/t gold [6][7]. Upcoming Events - The company will participate in several investor conferences, including the Red Cloud Pre-PDAC Mining Showcase on February 26-27, 2026, and the PDAC 2026 Convention from March 1-4, 2026 [2][4]. - At the Red Cloud Pre-PDAC Mining Showcase, the President & CEO will present on February 26 at 2:40 PM ET [3]. Strategic Goals - Listing on the Frankfurt Exchange is intended to strengthen access to international capital and reflects growing interest in the Juby Gold Project [3]. - The company is actively executing an exploration drilling program and additional technical studies at the Juby Project to further evaluate and advance this large-scale gold system [8]. Resource Sensitivity - A sensitivity analysis at a higher gold price of US$3,750 per ounce indicates an Indicated Mineral Resource of 1.20 million ounces grading 0.94 g/t gold and an Inferred Mineral Resource of 4.23 million ounces grading 0.85 g/t gold [7]. Management Engagement - Members of the management team will be available throughout the conference week to discuss recent developments and near-term plans for the Juby Gold Project [5].
Temas Signs Letter of Intent for RCL Technology to Unlock Value at 3M Ounce Gold Project
Accessnewswire· 2026-02-17 12:30
Core Viewpoint - Temas has signed a Letter of Intent (LOI) with 1542642 B.C. Ltd. to test its patented Regenerative Chloride Leach (RCL) processing technology on ore from the Revel Ridge polymetallic Gold-Silver project, which has an estimated resource of 3.0 million ounces at a grade of 6.4 grams per tonne AuEq [1] Group 1 - The partnership aims to position RCL for regional deployment and licensing across Western North America [1] - The Revel Ridge project is notable for its high-grade refractory gold systems, which may enhance the effectiveness of the RCL technology [1]
Elemental Royalty Announces Inaugural Dividend and Option for Qualifying Registered Shareholders to Receive Tether Gold
TMX Newsfile· 2026-02-17 12:30
Denver, Colorado--(Newsfile Corp. - February 17, 2026) - Elemental Royalty Corporation (TSXV: ELE) (NASDAQ: ELE) ("Elemental" or "the Company") is pleased to announce that its Board of Directors has approved an inaugural dividend policy (the "Dividend Policy"). In accordance with the Policy, Elemental expects to declare an annual cash dividend to its shareholders of US$0.12 per Elemental common share, to be paid in quarterly instalments of US$0.03 per share, with the record date for the inaugural dividend ...
Unigold Announces the Appointment of Ms. Juana Barcelo and Mr.
TMX Newsfile· 2026-02-17 12:25
Toronto, Ontario--(Newsfile Corp. - February 17, 2026) - Unigold Inc. (TSXV: UGD) (OTC Pink: UGDIF) (FSE: UGB1) ("Unigold" or the "Company") announces that Ms. Juana Barcelo and Mr. Andrés Marranzini have joined the Board of Directors of the Company.Ms. Barcelo is an experienced business and legal executive with over 15 years of leadership in mining and corporate affairs across Latin America and the Caribbean. Most recently Ms. Barcelo was the President/Country Manager of Barrick Pueblo Viejo, a joint vent ...
Gold price today, Wednesday, February 18: Gold opens below $4,900 ahead of FOMC minutes, PCE data
Yahoo Finance· 2026-02-17 12:22
Gold (GC=F) April futures opened at $4,898.50 per troy ounce on Wednesday, down 0.2% from Tuesday’s closing price of $4,905.90. The gold price trended slightly higher in early trading. Gold declined last week after positive economic data lowered expectations for interest rate reductions this year. The next potential price catalysts to watch include the release of the FOMC minutes on Wednesday, PCE data on Friday, the Chinese holiday, and ongoing U.S.-Iran nuclear discussions, according to Ed Egilinksy, ...
Sailfish Enters into Amended Agreements with Mako Mining for Enhanced Gold Stream on Mt. Hamilton Project
TMX Newsfile· 2026-02-17 12:00
Tortola, British Virgin Islands--(Newsfile Corp. - February 17, 2026) - Sailfish Royalty Corp. (TSXV: FISH) (OTCQB: SROYF) (the "Company" or "Sailfish") is pleased to announce that, further to its news release dated November 26, 2025 and February 10, 2026, the Company has entered into amended agreements with Mako Mining Corp. ("Mako") and Mako US Corp. ("Mako US") to restructure the consideration payable to Sailfish in connection with the disposition (the "Disposition") of all issued and outstanding member ...
Wallbridge Launches 2026 Exploration and Technical Studies Programs
Globenewswire· 2026-02-17 12:00
Core Viewpoint - Wallbridge Mining Company Limited has initiated its fully funded 2026 exploration and technical studies programs, focusing on the Fenelon Gold Project in northwestern Québec, with a significant drilling campaign planned across multiple properties [1][2][3]. Exploration Program Overview - The 2026 program includes approximately 25,000 metres of drilling across the Fenelon, Martiniere, Casault, and Grasset properties, aimed at advancing Fenelon and unlocking growth potential at Martiniere [2][3]. - Drilling at Fenelon has commenced with one rig focusing on targeted infill areas, including approximately 2,000 metres of large-diameter core drilling to support metallurgical test work [5][6]. - A 1,500-metre reconnaissance drilling program is planned to test prospective targets within 2.5 kilometres of the main deposit area after the initial campaign at Fenelon [7]. Martiniere Project - A second drill rig will be mobilized to Martiniere in mid-March, with approximately 17,000 metres of drilling planned in two phases to expand and evaluate the gold system [8]. Casault and Grasset Properties - After the initial Fenelon campaign, approximately 3,000 metres of reconnaissance drilling will be conducted at the Casault property to test priority targets [9]. - Following the completion of Martiniere Phase 2, approximately 1,500 metres of reconnaissance drilling are planned at the Grasset property [10]. Financial Overview - Total expenditures for 2026, including corporate general and administrative costs, are anticipated to be approximately $27 million, reflecting a 30% increase in exploration and technical studies program costs compared to 2025 [11]. - The company ended 2025 with a cash balance of $28.9 million [11]. Company Background - Wallbridge Mining is focused on creating value through the exploration and sustainable development of gold projects in Quebec's Abitibi region, holding a mineral property position totaling 598 square kilometres along the Detour-Fenelon gold trend [13].
Meridian Accelerates Post Financing 2026's Field and Corporate Programmes
TMX Newsfile· 2026-02-17 11:30
Core Insights - Meridian Mining plc has successfully closed a CAD 57.5 million financing, enabling the acceleration of various programs to bring the Cabaçal Au-Cu-Ag mine back into production by the end of 2028, pending license approvals [2][3] - The company plans to conduct extensive exploration drilling in 2026, with up to 10,750 meters of diamond drilling across multiple prospects, including Cabaçal, Jauru, and Araputanga Greenstone Belts [2][8] - Meridian is considering a dual listing on the London Stock Exchange to enhance its access to equity capital and target exposure to the UK investment market [2][21] Financing and Production Plans - The recent financing allows Meridian to move beyond the final investment decision for Cabaçal and into early construction works, including ordering long lead items and initiating civil works [3][4] - Initial civil works are planned for the 2026 dry season, with access roads being upgraded to prepare for potential construction start in H1 2027 [4][8] Exploration and Drilling Activities - The 2026 exploration program will focus on testing targets in the Cabaçal mine corridor, as well as conducting field programs on the Jauru and Araputanga Greenstone Belts [8][35] - Recent drill results from the Santa Helena Central area have shown high-grade polymetallic VMS mineralization, with notable intersections including 2.6 meters at 2.4 g/t Au, 1.7% Cu, and 93.2 g/t Ag [8][26] Geochemical and Geophysical Studies - Geochemical reconnaissance has revealed a new gold-in-soil response of 244.9 Au ppm, indicating potential gold mineralization in unexpected locations [5][6] - The company is advancing its geophysical exploration capabilities by ordering drone-based magnetic, radiometric, and Lidar sensors to improve prospect-scale interpretation [10][11] Resource Development and Technical Studies - The Cabaçal Definitive Feasibility Study (DFS) is being advanced, with specifications for long-lead items expected to be finalized by the end of Q1 2026 [4][29] - The Cabaçal project has a projected after-tax NPV of USD 984 million and an IRR of 61.2%, with a low All-in-Sustaining-Cost of USD 742 per ounce gold equivalent [29][30]
Headwater Gold Upgrades Trading to OTCQX Best Market
Thenewswire· 2026-02-17 11:30
Vancouver, British Columbia - TheNewswire - February 17, 2026:  Headwater Gold Inc. (CSE: HWG, OTCQX: HWAUF) (the "Company" or "Headwater") is pleased to announce it has graduated from the OTCQB Venture Market to the OTCQX Best Market and begins trading on the OTCQX Market today under the symbol “HWAUF”. The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governanc ...
Avanti Gold Announces Mobilisation of Drill Rigs to the Misisi Project in the DRC
TMX Newsfile· 2026-02-17 11:00
Core Viewpoint - Avanti Gold Corp. is mobilizing four drill rigs to the Misisi Project site in the Democratic Republic of Congo (DRC) following a contract with Simba DRC Mining Services, aiming to enhance exploration efforts in 2026 [2][3]. Drilling Operations - Four drill rigs, including three diamond drill rigs and one multi-purpose rig, are being transported from Mwanza, Tanzania, and are expected to arrive at the Misisi Project site by the end of February 2026 [2][9]. - The 2026 exploration program will consist of approximately 42,000 meters of drilling, divided into two phases: Phase 1 will cover 15,000 meters and Phase 2 will cover 27,000 meters [5][9]. Phase 1 Exploration Program - The Phase 1 program, set to commence in March 2026, will focus on resource extensions at the Akyanga deposit and resource delineation at the Akyanga East deposit [9][11]. - The drilling targets for Phase 1 include 12,500 meters at Akyanga (83% of the total) and 2,500 meters at Akyanga East (17% of the total) [6]. Phase 2 Exploration Program - The Phase 2 program, expected to start in August 2026, will target approximately 27,000 meters of drilling across Akyanga and other high-priority targets such as Ngalula, Lubitchako, Tulonge, and Kilombwe [7][9]. - Drilling at Akyanga in Phase 2 will focus on in-fill drilling to convert Inferred resources to Indicated status [9]. Management Appointments - Avanti has appointed three key management personnel to support its exploration program: Avos Bashizi as Exploration Manager, Saleh Lwinda as Security & HSE Manager, and Ntamba Aly Papou as Logistics and Administration Manager, all bringing significant experience in the DRC [4][10]. Assay Results - Assay results from 2,100 meters of historic diamond core drilling at the Akyanga deposit are currently being processed and are expected to be published in the coming weeks [8][9]. Company Overview - Avanti Gold Corp. focuses on gold exploration, with its flagship asset being the Misisi Project, which includes the Akyanga gold deposit with an Inferred Mineral Resource of 44.3 million tonnes at an average grade of 2.37 grams per tonne, totaling 3.1 million ounces of gold [14].