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ESGold Corp. Announces Flow-Through Share Private Placement for Gross Proceeds of up to C$2.975 Million
Accessnewswire· 2025-11-27 12:00
VANCOUVER, BC / ACCESS Newswire / November 27, 2025 / ESGold Corp. ("ESGold" or the "Company") (CSE:ESAU)(Frankfurt:Z7D)(OTCQB:ESAUF) is pleased to announce that the Company intends to proceed with a non-brokered private placement of up to 3,500,000 flow-through common shares of the Company (the "FT Shares") at a price of C$0.85 per FT Share for gross proceeds of up to $2,975,000 (the "Offering"). Red Cloud Securities Inc. will be acting as a finder in connection with the Offering. ...
Canadian Gold Corp. Tartan Mine "Western Flank" Step-Out Drilling Continues to Deliver
Newsfile· 2025-11-27 12:00
Core Viewpoint - Canadian Gold Corp. is advancing its Phase 4 drill program at the Tartan Mine, with promising results indicating potential for a mine restart, particularly in the Main Zone's Western Flank [1][3] Drilling Results - The drilling program has focused on three main areas: the Main Zone's Western Flank, the South Zone, and prospecting near the Tartan Mine [2] - Significant assay results from the Main Zone's Western Flank include 12.3 gpt gold over 14.0 metres, 8.2 gpt gold over 9.9 metres, and 10.7 gpt gold over 4.5 metres [3] - A total of 31 out of 35 holes (89%) have intersected potentially economic mineralization within the Main Zone since the start of the drilling program [4] South Zone Exploration - Drilling in the South Zone aims to expand resource size for higher production potential, with notable results including 5.2 gpt gold over 5.0 metres and 4.4 gpt gold over 4.0 metres [5] - TLSZ25-41 reported a significant intercept of 82.0 metres at 1.3 gpt Au, indicating the presence of higher-grade sections within broader mineralized envelopes [5] Near Mine Target Generation - Drill target generation on the Tartan West property has confirmed multiple areas of high-grade gold mineralization, with grab samples assaying up to 28.9 gpt gold [6] - The Tartan Shear presents significant exploration potential for hosting similar gold mineralization, aligning with future infrastructure investments [7] Company Overview - Canadian Gold Corp. is focused on expanding the high-grade gold resource at the Tartan Mine, which has a 2017 indicated mineral resource estimate of 240,000 oz gold at 6.32 g/t [14] - The company also holds exploration properties in Ontario and Quebec, adjacent to major gold mines and projects [14]
Barrick completes sale of Hemlo Gold Mine to Carcetti Capital
Yahoo Finance· 2025-11-27 11:48
Barrick Mining has completed the sale of the Hemlo Gold Mine in Canada to Carcetti Capital, which will rename the asset Hemlo Mining Corporation (HMC). The deal is valued at up to $1.09bn, comprising $875m in cash and $50m in HMC shares at closing, and up to $165m in production and gold price-linked payments from January 2027 over five years. The completion of the deal follows an agreement signed in September. At the time of the agreement, Barrick president and CEO Mark Bristow said: “The sale of Hemlo ...
Carolina Rush Shareholders Approve OceanaGold Transaction; Upsizes Private Placement
Newsfile· 2025-11-27 11:30
Core Points - Carolina Rush Corporation has received overwhelming shareholder approval for its transaction with OceanaGold Corporation, with 99.8% of voted shares in favor, surpassing the required 66.7% [3] - The agreement allows OceanaGold to earn up to an 80% interest in the Brewer Gold-Copper Project by investing up to US$20 million over the next five years [3] - A joint Technical Committee has approved a Stage 1 exploration program to drill approximately 3,000 meters, starting January 5, 2026, with a minimum commitment of US$1.5 million from OceanaGold [3] Private Placement - In response to strong investor demand, Carolina Rush plans to increase its non-brokered private placement offering from up to C$3.0 million to C$3.5 million [4] - The offering will consist of up to 31,818,182 units at a price of C$0.11 per unit, aiming for aggregate gross proceeds of up to C$3.5 million [5] - Each unit includes one common share and one-half of a common share purchase warrant, with warrants exercisable at C$0.16 for two years [5] Closing and Use of Proceeds - The closing of the offering is expected around December 4, 2025, pending approval from the TSX Venture Exchange [6] - Net proceeds from the offering will be allocated for working capital and general corporate purposes [6] Company Overview - Carolina Rush Corporation is focused on the Brewer Gold-Copper Project in South Carolina, which is considered a large, underexplored system with potential for both near-surface and deeper mineralization [7] - The Brewer project is located 13 km from OceanaGold's Haile Gold Mine, which has a production guidance of 170,000-200,000 ounces of gold for 2025 [7]
Metal Energy Announces $9.3 Million Financing; Centerra Gold to Become a Strategic Shareholder
Newsfile· 2025-11-27 11:00
Core Viewpoint - Metal Energy Corp. is set to raise up to C$9.3 million through a financing offering, with Centerra Gold expected to become a strategic shareholder owning approximately 9.9% of the company post-offering [1][5]. Financing Details - The financing will consist of approximately 8,880,000 common shares issued on a premium flow-through basis at C$0.73 per share and 6,200,000 common shares at C$0.45 per share [1]. - Proceeds from the offering will fund Metal Energy's 2026 maiden drill program at the NIV copper-gold-molybdenum project in British Columbia, which is fully permitted with drill-ready targets [2]. Tax and Regulatory Aspects - The flow-through shares will qualify under the Income Tax Act (Canada) for eligible resource exploration expenses, with the company committing to incur qualifying expenditures by December 31, 2026 [3]. - The closing of the offering is expected around December 16, 2025, pending regulatory approvals and customary closing conditions [4]. Strategic Investment - Centerra Gold's investment is seen as a significant endorsement of Metal Energy's NIV project, enhancing the company's technical capabilities and operational experience [6]. - This strategic partnership is viewed as a milestone for Metal Energy, allowing the company to focus on advancing drilling and pursuing discoveries [6]. Company Background - Metal Energy Corp. is focused on critical metals exploration, particularly copper and gold assets in Canada, with the NIV project being a key asset in its portfolio [10].
Newmont Corporation (NEM) Up More Than 117% YTD, Here’s Why
Yahoo Finance· 2025-11-27 10:52
Newmont Corporation (NYSE:NEM) is one of the Best Very Cheap Stocks to Invest In. Newmont Corporation (NYSE:NEM) is up more than 117% on a year-to-date basis, mainly due to record-high gold prices during the year. Wall Street has a bullish sentiment on the stock despite the company posting lower production levels for fiscal Q3 2025. On November 14, Milan Tomic from J.P. Morgan maintained a Buy rating on the stock with an A$178 price target. Newmont Corporation (NYSE:NEM) released its fiscal Q3 2025 resu ...
News for investors: Barrick settles Mali dispute and Couche-Tard profit climbs
MoneySense· 2025-11-26 23:39
Group 1: Barrick Gold - A judge in Mali ordered Barrick's Loulo-Gounkoto gold complex to be placed under provisional administration for six months, but a deal announced will drop all charges against the company and its employees [1] - The provisional administration of the Loulo-Gounkoto complex will be terminated, and operational control will be returned to Barrick [1] - Barrick's subsidiaries will withdraw arbitration claims pending before the International Centre for Settlement of Investment Disputes [2] Group 2: Alimentation Couche-Tard - Alimentation Couche-Tard reported net earnings of US$740.6 million in Q2, an increase from US$708.8 million year-over-year, translating to 79 cents per share, up from 75 cents [4][6] - The company's revenue for the period was US$17.9 billion, a 2.6% increase from US$17.4 billion in the previous year [5][6] - Total merchandise and service revenues reached US$4.7 billion, rising 6.6% year-over-year, with same-store sales growth reported across all geographies for the second consecutive quarter [5] Group 3: Blue Ant Media Group - Blue Ant Media Corp. signed a stock-and-cash agreement to acquire Thunderbird Entertainment Group for $89 million, aimed at enhancing its studio business and cash flow [7] - Thunderbird shareholders can choose to receive either 0.2165 of a Blue Ant subordinate voting share, $1.77 in cash, or a combination for each share held, with a maximum cash limit of $40 million [8] Group 4: National Storage REIT - Brookfield and GIC made a takeover offer for National Storage REIT valued at approximately A$4 billion (around C$3.7 billion) [10] - National Storage has about 94,500 customers across over 270 storage centers in Australia and New Zealand, with the offer providing A$2.86 cash per stapled security [11] - The offer includes a potential dividend of six Australian cents, which would reduce the cash payable per stapled security by the same amount [12]
Elemental Royalty Completes Acquisition of Laverton Royalty
Newsfile· 2025-11-26 23:00
Vancouver, British Columbia--(Newsfile Corp. - November 26, 2025) - Elemental Royalty Corporation (TSXV: ELE) (NASDAQ: ELE) ("Elemental" or "the Company") is pleased to announce that it has completed the previously announced acquisition of an existing uncapped 2% Gross Revenue Royalty ("GRR") over Genesis Minerals' ("Genesis") (ASX: GMD) Focus Laverton Project in Western Australia ("Focus Laverton Royalty"), and an existing 2% GRR on Brightstar Resources' ("Brightstar") (ASX: BTR) producing Jasper Hills Pr ...
Liberty Gold Receives Completeness Determination for the Mine Plan of Operations at its Black Pine Gold Project, Idaho
Globenewswire· 2025-11-26 22:30
Core Viewpoint - Liberty Gold Corp. has achieved a significant permitting milestone with the U.S. Forest Service and Bureau of Land Management deeming the Mine Plan of Operations for the Black Pine Oxide Gold Project as "Administratively Complete," allowing the project to advance through the federal permitting process [1]. Permitting Milestones - The completeness determination confirms that the Black Pine Mine Plan of Operations meets federal requirements to progress to the next stage of the permitting process [4]. - The Mine Plan outlines mining, processing, environmental protection measures, and reclamation activities based on the Preliminary Feasibility Study [4]. - A collaborative permitting approach was established with multiple agencies, including the USFS, BLM, and Idaho state departments, under a Memorandum of Understanding executed in February 2025 [4]. Environmental Impact Study - Stantec has been appointed as the independent third-party contractor to prepare the Environmental Impact Study (EIS) for the Black Pine Project [4]. - Extensive environmental baseline studies have been completed to inform key sections of the EIS document [4]. - The EIS will evaluate potential environmental and socio-economic effects, including water resources, air quality, wildlife, and cultural resources, over a 24-month period [4]. Next Steps - The USFS and BLM will publish a Notice of Intent in the Federal Register to initiate the NEPA review process, which includes stakeholder engagement and drafting of the EIS [4]. - The company is advancing state-level permits in parallel, focusing on water rights, air quality, mine reclamation, and cyanidation permits [4]. - These efforts align with Idaho's Strategic Permitting, Efficiency, and Economic Development Act, aimed at enhancing project permitting efficiency [4]. Company Overview - Liberty Gold is focused on developing open-pit oxide deposits in the Great Basin, a prolific gold-producing region [5]. - The Black Pine Project is a past-producing gold system with significant resource potential and strong economic viability [5].
Sixty North Gold Announces Closing of Second Tranche of Unit Offering
Newsfile· 2025-11-26 22:05
Vancouver, British Columbia--(Newsfile Corp. - November 26, 2025) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold") is pleased to report that further to its news releases of October 21, 2025 and November 17, 2025 regarding its unit offering (the "Offering"), the Company has now closed the second and final tranche of that Offering consisting of 8,904,320 units for gross proceeds of $979,475.20. The total gross proceeds from both tranches of the Of ...