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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
Core Viewpoint - The updated Mine Plan of Operations (MPO) for the DeLamar Project has been accepted by the United States Bureau of Land Management (BLM), marking a significant milestone towards permitting mining activities at the site [1][3]. Company Developments - Integra Resources Corp. has demonstrated its commitment to responsible mining practices and environmental protection through the acceptance of the updated MPO and a Relationship Agreement with the Shoshone-Paiute Tribes [3][6]. - The updated MPO incorporates several years of environmental baseline studies and initial engineering design, addressing agency comments and prioritizing the placement of mine features on previously disturbed ground [6][10]. - The company plans to announce the results of an updated Feasibility Study for the DeLamar Project in the fourth quarter of 2025 [10]. Regulatory Process - The BLM will publish a Notice of Intent (NOI) in the Federal Register, initiating the Environmental Impact Statement (EIS) process, which includes public engagement and scoping [4][5]. - The EIS will analyze potential environmental effects on various resources, including air, water, wildlife habitat, and socio-economic factors [5][8]. - The MPO's acceptance is a critical step in the permitting process, which has involved nearly three years of studies and design work [6][8]. Project Overview - The DeLamar Project, located in Owyhee County, Idaho, includes the DeLamar and Florida Mountain gold and silver deposits and has shown significant resource growth since its acquisition in 2017 [10][11]. - The project is one of the few gold-silver development projects in the Western United States actively advancing through the NEPA mine permitting process, highlighting its scarcity value [6][10].
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]