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ResourceTec Corporation Announces The Acquisition Of The Gold Coin Claims
Prnewswire· 2025-12-22 14:27
WEST JORDAN, Utah, Dec. 22, 2025 /PRNewswire/ -- ResourceTec Corporation (OTCID: RREE), (the "Company") is pleased to announce that on November 12, 2025, the Company signed a Mining Claim Purchase & Sale Agreement ("Agreement") to acquire the mineral rights to the project generally referred to as the Gold Coin Concession ("Gold Coin"). Gold Coin is located in Esmeralda County, Nevada. Utilizing Elemental Harmonic Resonance technology (controlled by Robert Ripplinger, President of the Company) and other gen ...
S2 Resources divests Fosterville tenement to Agnico Eagle subsidiary
Yahoo Finance· 2025-12-22 13:38
Australian miner S2 Resources has announced the divestment of the Fosterville tenement, transferring exploration licence EL007795 to a 100% owned subsidiary of Agnico Eagle Mines. S2 Resources received A$17m ($11.23m) from Agnico Eagle through its subsidiary Southern Star Exploration, as part of the deal. All conditions tied to the transaction have been met, the company said. Combined with its existing A$4.54m in cash, S2 Resources now holds total cash of more than A$21.5m. This improved cash position ...
Gold price today, Wednesday, December 24: Gold opens above $4,500 for the second consecutive day
Yahoo Finance· 2025-12-22 13:17
Group 1: Gold Price Trends - Gold futures opened at $4,516.70 per troy ounce, reflecting a 0.2% increase from the previous day's closing price of $4,505.70, marking the second consecutive opening above $4,500 [1] - The one-week gain in gold prices is +4.8%, the one-month gain is +11.2%, and the one-year gain is +72.9%, indicating significant upward momentum in gold prices [7] Group 2: Geopolitical Influences - Geopolitical risks, particularly ongoing tensions between the U.S. and Venezuela, have contributed to rising gold prices, with Russia and China aligning with Venezuela amid U.S. sanctions [2] - Historical context shows that gold has been a popular hedge against global conflicts, with the Russia-Ukraine war and Middle Eastern unrest driving demand earlier this year [3] Group 3: Performance of Precious Metals - Silver prices have increased by 149% in 2025, while platinum prices have risen by 161%, showcasing strong performance across precious metals [3] Group 4: Investment Options in Gold - Common investment options in gold include physical gold, gold mining stocks, gold ETFs, and gold futures, each with distinct advantages and disadvantages [8][20] - Gold mining stocks are noted for their volatility due to their dependence on gold prices and exposure to geopolitical risks [12] - Gold ETFs, such as SPDR Gold Shares, track the price of gold and are backed by physical gold, providing a more liquid investment option compared to physical gold [18][22]
4 Industries That Don’t Get Warren Buffett’s Money
Yahoo Finance· 2025-12-22 13:07
Investment Strategy - Warren Buffett, known as the "Oracle of Omaha," has a net worth of approximately $150 billion and is recognized for his investment timing and strategy [1] - Buffett plans to retire at the end of 2025 at the age of 95, but his influence on investment strategies remains significant [1] Industries Avoided by Buffett - New Technology: Buffett avoids investing in emerging technologies, labeling bitcoin as "a mirage" and advising against it, although Berkshire Hathaway has invested in Nu Holdings, a Brazilian digital banking company with a cryptocurrency platform [3][4] - Precious Metals: Buffett is skeptical about investing in gold, viewing it as speculative rather than a solid investment, and believes productive assets yield better returns through dividends [5][6] - Airlines: Berkshire Hathaway previously invested $10 billion in major airlines but sold these stakes in 2020 due to the pandemic's impact, reflecting Buffett's critical stance on the airline sector [7]
Changes to Index Tracked by Sprott Junior Gold Miners ETF (SGDJ)
Globenewswire· 2025-12-22 13:00
NEW YORK, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Sprott Asset Management USA, Inc., a wholly-owned subsidiary of Sprott Inc., today announced methodology changes to the index that Sprott Junior Gold Miners ETF (NYSE Arca: SGDJ) tracks. Junior gold miners, as measured by the Solactive Junior Gold Miners Custom Factors Index, returned more than 171% as of December 19, 2025. This extraordinary market appreciation of junior gold miners has led to an increase in market capitalization of the index constituents. To pre ...
Belo Sun Announces Private Placement Financing
Globenewswire· 2025-12-22 12:50
Core Points - Belo Sun Mining Corp. is conducting a non-brokered private placement financing at a price of C$0.43 per common share, aiming for gross proceeds of up to US$30 million (C$41,343,000) [1] - La Mancha Investments, an existing shareholder, has committed to participate in the private placement and will provide a majority of the funding [2] - The completion of the private placement is expected to create a new Control Person, La Mancha, subject to shareholder and Toronto Stock Exchange approvals [3] Financing Details - The private placement will involve a statutory hold period of four months plus a day from the date of issuance [4] - Proceeds from the financing will be used for working capital and general corporate purposes, including commitments to local communities [5] - The company may pay finder fees in accordance with Toronto Stock Exchange policies [5] Regulatory Considerations - The securities issued in the private placement will not be registered under the United States Securities Act of 1933 [6] - The creation of a new Control Person requires shareholder approval as La Mancha's participation will result in holding 20% or more of the shares [7] - La Mancha's participation is classified as a related party transaction, and the company will rely on exemptions from formal valuation and minority shareholder approval requirements [8] Company Overview - Belo Sun is focused on developing the Volta Grande Gold Project in Pará State, Brazil, and trades on the Toronto Stock Exchange under the symbol "BSX" [9]
Thunder Gold Announces Closing of $2.15 Million Private Placement of Flow-Through Units
TMX Newsfile· 2025-12-22 12:35
Thunder Bay, Ontario--(Newsfile Corp. - December 22, 2025) - Thunder Gold Corp. (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) ("Thunder Gold" or the "Company") is pleased to announce that on December 19, 2025, it closed its previously announced upsized non-brokered private placement of flow-through units ("FT Units"). The Company increased the initial offering of $2,000,000 to gross proceeds of $2,150,000 (the "Private Placement") to accommodate the demand.Pursuant to the Private Placement, the Company issued 28, ...
Revival Gold Consolidates Mercur Gold Project by Exercising Option To Acquire 100% of Barrick's Interest
Globenewswire· 2025-12-22 12:30
TORONTO, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”), is pleased to announce that it has delivered a notice to exercise its option (the “Option”) to acquire 100% of Barrick Mining Corporation’s (“Barrick”) interest in the Mercur Gold Project (“Mercur”) in Utah, marking a significant step forward on the path to re-starting production. The Option was granted and exercised pursuant to the Mineral Lease and Option to Purchase Agreement dated Ma ...
StrikePoint Gold Plans for a Successful 2026
TMX Newsfile· 2025-12-22 12:30
Core Viewpoint - StrikePoint Gold Inc. is set to undertake a significant resource definition drilling program at the Hercules Gold Project in Nevada in 2026, aiming to convert its current Exploration Target into an inferred resource estimate, which is expected to enhance the company's market valuation based on gold resources [2][3]. Exploration Program - The 2026 exploration plan includes a drilling program consisting of approximately 30 reverse circulation holes, totaling around 3,500 meters, designed to achieve a new resource estimate [4]. - Drilling is scheduled to commence in early March 2026 and is expected to last up to 60 days, with initial assay results anticipated by mid-April 2026 and final results expected in June 2026 [4]. Hercules Gold Project Details - The Hercules Gold Project encompasses 1,323 unpatented claims and four patented claims, covering approximately 100 square kilometers, located about one hour from Reno, Nevada [5]. - The Exploration Target for the Hercules Gold Project is estimated to have a tonnage range of 40,300,000 to 65,600,000 tonnes with a grade range of 0.48 to 0.63 grams per tonne of gold [5]. Technological Integration - The Exploration Target was developed using historical drilling and assay data, with mineralization trends evaluated through Artificial Intelligence to create a trend model that supports future drilling efforts [6]. Investor Relations and Options - The company has entered into a consulting services agreement with Capital Analytica for a six-month term, with a total payment of $150,000 for various marketing and communication services [9]. - Additionally, the company has granted a total of 1,765,000 incentive stock options, with 1,585,000 options awarded to directors, officers, and consultants, exercisable at a price of $0.15 per share until December 22, 2030 [11].
REPEAT - QGold Resources Delivers Transformational Year With Quartz Mountain Gold Project Acquisition, $11.5m Financing, and Updated Mineral Resource Estimate; Advances 2026 Development Strategy
Globenewswire· 2025-12-22 12:30
Core Insights - Q-Gold Resources Ltd. has made significant progress in 2025, including the acquisition of the Quartz Mountain Gold Project and securing $11.5 million in financing, positioning the company for growth in 2026 [2][3][4]. Financial Overview - The company successfully closed a private placement financing for gross proceeds of $11.5 million, which will be used for advancing work streams across its gold projects [3]. - The financing included a 15% overallotment and was facilitated by BMO Capital Markets [3]. Project Acquisition and Development - Q-Gold acquired the Quartz Mountain Gold Project from Alamos Gold Inc., which includes two properties totaling approximately 4,823 acres in Oregon's gold belt [4][5]. - The project benefits from over 90,000 meters of historical drilling and extensive geological data, enhancing its potential for resource development [5]. Mineral Resource Estimate - An updated mineral resource estimate for the Quartz Mountain Gold Project was disclosed, indicating 1.543 million ounces of gold at a grade of 0.96 g/t and 2.049 million ounces of silver at 1.27 g/t in the indicated category [15][29]. - The project is amenable to conventional open-pit mining methods, which supports its economic viability [15]. Economic Assessment and Technical Studies - Q-Gold has engaged Kappes, Cassiday & Associates to conduct a Preliminary Economic Assessment (PEA) for the Quartz Mountain Gold Project, expected to be completed in Q2 2026 [9][10]. - The PEA will evaluate mining methods, processing options, capital and operating costs, and projected financial returns [9]. Permitting and Environmental Studies - The company has engaged SLR International to advance environmental studies and permitting applications for the Quartz Mountain Gold Project, ensuring efficient project development timelines [16][17]. - Early-stage permitting work is progressing alongside technical studies to streamline the approval process [16]. Exploration Activities - Q-Gold completed two drill campaigns at the Mine Centre Gold Project in Ontario, focusing on high-priority targets to expand its understanding of the project's gold potential [12][14]. - The company plans to initiate exploration activities at both the Quartz Mountain and Angel's Camp portions of the project in 2026 [23]. Strategic Leadership - The board of directors has been strengthened with the addition of industry leaders Scott Parsons and Jamsheed Mehta, enhancing the company's strategic guidance and capital markets relationships [18][20][22]. Future Priorities - Key priorities for 2026 include completing the PEA, advancing initial exploration permits, and conducting metallurgical drilling programs to support feasibility studies [23][26]. - The company aims to enhance shareholder value through systematic project advancement and responsible exploration practices [24].