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Sky Gold Corp. Update of Drilling and Geophysical Surveys at Evening Star Property, Nevada
Accessnewswire· 2025-11-10 13:00
Core Insights - Drilling has commenced at Sky Gold Corp.'s flagship Evening Star property located in the Walker Lane Gold Trend in Nevada [1] Company Summary - Sky Gold Corp. is actively advancing its exploration efforts by initiating drilling activities at a key property [1] - The Evening Star property is situated in a region known for its prolific gold production, indicating potential for significant mineral discovery [1]
5.9 meters @ 14.4 g/t AuEq Intercepted at Great Pacific Gold's Wild Dog
Newsfile· 2025-11-10 12:30
Core Insights - Great Pacific Gold Corp. has announced high-grade results from its expanded Phase 1 diamond drill program at the Wild Dog Project in Papua New Guinea, particularly focusing on the Sinivit target within a 15 km epithermal structural corridor [1][3][30] Drilling Results - The drilling program has confirmed the presence of a coherent high-grade pod at the Sinivit target, with notable results from drill holes WDG-12 and WDG-13, while WDG-14 is currently in progress [3][6][13] - Drill hole WDG-12 intersected two mineralized zones, with the first structure showing 5.9 meters grading 14.38 g/t AuEq, including 2.5 meters at 32.0 g/t AuEq, and the second structure showing 5.8 meters at 6.15 g/t AuEq [5][6][12] - The results indicate a deeper boiling zone within the epithermal system, suggesting multiple mineralizing pulses from a deeper magmatic source [4][8] Future Plans - The company is preparing for the arrival of a second drill rig to further explore the Sinivit area at depth and other high-priority epithermal targets identified through recent Mobile MT data analysis [4][12][13] - The expanded drilling program now totals 28 diamond drill holes and is expected to continue into early 2026, with the current drilling only testing a small portion of the mineralized corridor [13][30] Geophysical and Survey Data - A high-precision LiDAR survey covering 187 km² was completed, producing a Digital Terrain Model with sub-10 cm vertical accuracy, which will aid in geological modeling and drill planning [15][16][17] - The MobileMT geophysical data has highlighted the potential for a major porphyry copper-gold system adjacent to the epithermal veins, similar to the Wafi-Golpu deposit [12][30] Company Overview - Great Pacific Gold aims to become a leading gold-copper development company in Papua New Guinea, with a portfolio of exploration-stage projects including the Wild Dog, Kesar, and Arau projects [27][30]
Renegade Gold Announces $4 Million Non Flow-Through and $300,000 Flow-Through Private Placement
Newsfile· 2025-11-10 12:20
Vancouver, British Columbia--(Newsfile Corp. - November 10, 2025) - Renegade Gold Inc. (TSXV: RAGE) (OTCQB: TGLDD) (FSE: 0700) ("Renegade" or the "Company") announces that it proposes to undertake a non-brokered private placement (the "Placement") for aggregate gross proceeds of up to $4,300,000, consisting of non flow-through units ("NFT Units") at $0.23 per NFT Unit for gross proceeds of up to $4,000,000 and flow-through units ("FT Units") at a price of $0.23 per FT Unit for gross proceeds of up to $300, ...
Thor Explorations (OTCPK:THXP.F) 2025 Conference Transcript
2025-11-10 12:02
Summary of Thor Explorations Conference Call Company Overview - **Company**: Thor Explorations (OTCPK:THXP.F) - **Key Asset**: Segilola Gold Mine in Nigeria - **Other Projects**: Douta Project in Senegal, Guitri and Marahou Projects in Côte d'Ivoire Key Highlights - **Dividend Policy**: Thor Explorations has declared a quarterly dividend, contributing to share price growth [1] - **Production Metrics**: - Produced over 22,500 ounces of gold in the last quarter, consistent for three quarters [1] - Sold just under 20,000 ounces, with 6,000 ounces remaining unsold at over $4,000 per ounce [1] - Revenue for the quarter was approximately $70 million [1] - **Financial Performance**: - Expected record numbers in revenue, net profit, and EBITDA for the year [2] - Transitioned from a net debt position of $12 million to an expected cash position of $120 million by year-end, including $24 million in dividends paid [2] - High recovery rates of gold between 93% and 94% [2] Operational Insights - **Mining Efficiency**: - High-grade ore with a head grade of 2.5 to 3 grams per ton [2] - No debt on the balance sheet after repaying senior debt [3] - Cash growth of $10-$12 million per month [3] - **Exploration Potential**: - Significant upside from ongoing exploration beneath the pit, with over 150,000 ounces of gold identified that are not included in economic projections [5] - First mover advantage in Nigeria, with plans to capitalize on underfunded exploration in the region [7][8] Project Developments - **Douta Project in Senegal**: - Contains 1.78 million ounces of gold, with ongoing drilling and a preliminary feasibility study expected by year-end [9][10] - Potential for a mine life of over 20 years based on current findings [11] - **Côte d'Ivoire Projects**: - Acquired Guitri license for $100,000 and a 2% NSR, with successful initial drilling revealing multiple mineralized lenses [12][13] - Marahou Project shows promising soil anomalies with grades up to 29.9 grams per ton [14] Future Outlook - **Exploration Plans**: - Continued drilling in Côte d'Ivoire and Senegal, with a focus on expanding resource estimates and mine life [15] - **Sustainable Dividends**: - Commitment to return dividends to shareholders quarterly for a minimum of two years [15] Additional Notes - **Market Position**: Thor Explorations is positioned as a leading gold producer in Nigeria, with plans to expand its footprint in West Africa [6][8] - **Operational Strategy**: The company is investing in its own drilling rigs to reduce costs and increase exploration efficiency [8]
Osisko Development Reports Third Quarter 2025 Results
Globenewswire· 2025-11-10 12:00
(All dollar amounts are expressed in Canadian dollars, unless stated otherwise) HIGHLIGHTS Q3 2025 (at September 30, 2025) ~$401.4 million in cash and cash equivalentsDrawn ~$137.2 million (US$100.0 million) under the US$450 million Appian financing facility executed during the quarterCompleted private placements for ~$280.4 million (US$203.1 million) in gross proceedsAdvanced pre-construction activities and underground mine development activities, and announced results of ore sorting and drilling programs ...
First Mining Reports Continued Drilling Success at its Miroir Discovery with 2.01 g/t Au over 29.8 m
Prnewswire· 2025-11-10 12:00
Core Viewpoint - First Mining Gold Corp. announced positive results from its 2025 exploration drilling program at the Duparquet Gold Project in Quebec, Canada, indicating significant gold grades in the drill results [1] Summary by Relevant Sections Exploration Results - Drill hole DUP25-077 returned 3.20 g/t Au over 15.75 m, with notable intervals of 5.21 g/t Au over 8.65 m and 22.50 g/t Au over 0.7 m [1] - Drill hole DUP25-078 returned 2.01 g/t Au over 29.80 m, including significant grades of 15.70 g/t Au over 0.75 m and 18.20 g/t Au over 1.0 m [1] Drilling Program Details - The 2025 drilling program at the Duparquet Project was completed in October, totaling 16,577 m of drilling [1]
Talisker to Accelerate Ore Purchase Agreement with Ocean Partners for up to 1,500 tpd
Globenewswire· 2025-11-10 12:00
TORONTO, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX: TSK, OTCQX: TSKFF) is pleased to announce that further to its press release of October 30, 2025 announcing the signing of binding terms for an Ore Purchase Agreement with Ocean Partners UK Ltd (“Ocean Partners”) for up to 1,500 tonnes per day (tpd) and a US$25 million revolving credit facility (the “Agreements”), the Company has confirmed with Ocean Partners that it will begin shipping gold bearing materia ...
Zacatecas Silver Secures Community Access Agreement at Panuco and Signs Drill Contract with Major Drilling
Globenewswire· 2025-11-10 12:00
Core Insights - Zacatecas Silver Corp. has entered into a new community access agreement with Ejido Panuco, demonstrating strong local support for its exploration initiatives [1][2] - The company has finalized a drill contract with Major Drilling for an initial 4,000 meters of angled diamond drilling, aimed at expanding the Mineral Resource Estimate [1][3] Community Access Agreement - The agreement was unanimously approved by the Ejido, allowing Zacatecas Silver to submit its application to SEMARNAT for drill permits [2] - The permitting process is expected to be straightforward, following successful previous campaigns [2] Drill Contract with Major Drilling - Major Drilling is prepared to mobilize upon receipt of the necessary permits [3] - The drilling program will focus on extending high-grade mineralization both within and beyond the current resource envelope [3][4] Panuco Highlights - The Panuco vein system remains open in all directions, with drilling aimed at extending the strike length of known mineralization [4] Company Overview - Zacatecas Silver Corp. operates two key projects: the Zacatecas Silver Project and the Esperanza Gold Project [5][8] - The Zacatecas Silver Project is located in the Fresnillo silver belt, covering 7,826 hectares, and has a Mineral Resource Estimate of 3.41 million tonnes at 187 g/t AgEq, totaling 20.5 million ounces AgEq [6][8]
Fury Drilling at Committee Bay Extends Three Bluffs Mineralization and Expands Raven Target
Globenewswire· 2025-11-10 11:59
Core Insights - Fury Gold Mines Limited announced the results of its 2025 exploration drilling program at the Committee Bay project, indicating successful mineralization extension at the Three Bluffs and validation of the Raven Target [3][11] Drilling Program Overview - The 2025 drilling program included six diamond drill holes totaling approximately 2,778 meters, with four holes targeting the Three Bluffs Shear Zone and two holes testing the Raven Shear Zone [1][2] - The Three Bluffs Shear Zone intercepted gold mineralization across 315 meters of strike, with widths up to 19.5 meters, including 5.73 grams per tonne (g/t) gold over 3.0 meters [1][8] - The Raven Shear Zone returned historical drill intercepts of up to 12.60 g/t gold over 5.49 meters, with the 2025 drilling intercepting 4.59 g/t gold over 1.5 meters [2][11] Mineral Resource Estimates - The Three Bluffs Gold deposit is estimated to contain 524,000 ounces of gold in 2.1 million tonnes at 7.85 g/t in the indicated resource category and 720,000 ounces in 2.9 million tonnes at 7.64 g/t in the inferred resource category [6][7] Future Exploration Plans - The company plans to evaluate the results from the 2025 drilling to further expand known gold zones at Committee Bay and will utilize the findings to plan future work programs [3][9]
K92 Mining Announces Strong Q3 2025 Financial Results – Record Net Cash Balance, Operating Income, EBITDA and Revenue
Globenewswire· 2025-11-10 11:00
Core Viewpoint - K92 Mining Inc. reported strong financial and operational results for Q3 2025, achieving record production and revenue, while successfully completing the Stage 3 Expansion Process Plant under budget, positioning the company for future growth [5][6][8]. Production - The company produced 44,323 ounces of gold equivalent (AuEq), including 42,244 ounces of gold, 1,323,538 pounds of copper, and 34,831 ounces of silver in Q3 2025 [5]. - The quarterly ore processed was 137,172 tonnes, with a total ore mined of 152,485 tonnes, achieving a head grade of 11.2 grams per tonne (g/t) AuEq [5][11]. - Metallurgical recoveries were strong, with gold recovery at 95.0% and copper recovery at 94.6% [5][11]. Financials - K92 reported record quarterly revenue of $177.5 million, a 45% increase from Q3 2024, and a net income of $85.7 million, up 84% from the previous year [5][11]. - The company achieved a record cash and cash equivalents total of $185.4 million, including a net cash position of $131.2 million [5][8]. - Cash costs were reported at $694 per ounce of gold and all-in sustaining costs (AISC) at $1,254 per ounce of gold [5][11]. Expansion and Development - The Stage 3 Expansion Process Plant, with a capacity of 1.2 million tonnes per annum, was completed under budget, with commissioning expected to be finalized in November 2025 [5][6]. - As of September 30, 2025, 90% of the Stage 3 Expansion capital had been spent or committed, remaining on budget [5][8]. - Key construction projects for the pastefill plant and surface tailings filtration plant are progressing, with commissioning scheduled for mid-2026 [5][8]. Exploration - The company is actively exploring the Arakompa project, reporting significant porphyry-style mineralization and ramping up exploration activities with up to five rigs operating [5][9]. - Initial results from the Wera prospect indicate a large mineralized system, with drilling now underway [5][9]. - K92 plans to deliver a maiden mineral resource estimate for Arakompa in mid-2026 [5][9].