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Contango Webinar Scheduled for Thursday February 12, 2026
Prnewswire· 2026-02-12 15:07
Core Viewpoint - Contango ORE, Inc. is hosting a conference call and webcast on February 12, 2026, to discuss recent financing aimed at reducing the Company's hedge book [1] Company Overview - Contango ORE, Inc. is listed on NYSE American under the ticker CTGO and focuses on the exploration and development of gold and associated minerals in Alaska [1] - The Company holds a 30% interest in Peak Gold, LLC, which leases approximately 675,000 acres for exploration and development on the Manh Choh project, with the remaining 70% owned by KG Mining (Alaska), Inc., a subsidiary of Kinross Gold Corporation [1] - Contango also has leases on the Johnson Tract project and the Lucky Shot project, along with 100% interests in approximately 145,280 acres and 11,711 acres of State of Alaska mining claims through its wholly owned subsidiaries [1] Financing Details - The conference call will discuss the recent financing, which is intended to reduce the Company's hedge book [1]
Contango Ore Closes $50 Million Underwritten Offering of Common Stock and Pre-funded Warrants
Prnewswire· 2026-02-12 15:05
Core Viewpoint - Contango ORE, Inc. has successfully closed a $50 million underwritten offering of common stock and pre-funded warrants, aimed at financing strategic initiatives including the buyback of gold hedge contracts and general corporate purposes [1][2]. Group 1: Offering Details - The offering consisted of 1,678,206 shares priced at $24.96 each and included pre-funded warrants for 325,000 shares at $24.95 each, resulting in aggregate gross proceeds of approximately $50 million before expenses [1]. - The company plans to allocate around $45 million of the net proceeds to repurchase gold hedge contracts and approximately $700,000 for gold put contracts to provide downside protection [1]. Group 2: Company Background - Contango ORE is engaged in the exploration and development of gold and associated minerals in Alaska, holding a 30% interest in Peak Gold, LLC, which manages approximately 675,000 acres for exploration [1]. - The company also has leases on multiple projects, including the Johnson Tract and Lucky Shot projects, and holds interests in additional mining claims in Alaska [1].
Meridian Announces Closing of C$57.5M Bought Deal Financing
TMX Newsfile· 2026-02-12 15:03
London, United Kingdom--(Newsfile Corp. - February 12, 2026) - Meridian Mining plc (TSX: MNO) (FSE: N2E0) (OTCQX: MRRDF) ("Meridian" or the "Company") is pleased to announce that the Company has closed the bought deal offering previously announced on February 4, 2026 and further upsized on February 4, 2026, by issuing 36,392,900 common shares of the Company (the "Offered Shares") at C$1.58 per Offered Share for aggregate gross proceeds to the Company of C$57,500,782 (the "Offering") pursuant to terms of th ...
Dixie Gold Inc. Expands Presence in the Uchi Subprovince, Highlights Newly Assembled Pickle Crow East Gold Project
TMX Newsfile· 2026-02-12 14:25
Core Viewpoint - Dixie Gold Inc. has successfully secured additional mining claims for the Pickle Crow East Gold Project in Ontario, enhancing its position in a historically significant gold district [1][3][4]. Group 1: Project Acquisition and Funding - Dixie Gold fully funded the acquisition of claims for the Pickle Crow East Gold Project using existing working capital [2]. - The project consists of approximately 256 claims covering around 5,147 hectares, adjacent to the historic Pickle Crow Mine [6][10]. Group 2: Strategic Positioning and Market Context - The acquisition comes at a strategic time, coinciding with increased exploration interest in the area due to adjacent projects by FireFly Metals and Bellavista Resources [3][5]. - The Pickle Crow East Gold Project is positioned within the Uchi Subprovince, where Dixie Gold has prior exploration experience, particularly with the Red Lake Gold Project [4]. Group 3: Geological Insights and Exploration Potential - The project area is underlain by metavolcanic rocks and includes underexplored iron formations, which are favorable for gold mineralization [14][20]. - Historical exploration in the region has overlooked certain geological settings, presenting new opportunities for gold discovery with modern exploration techniques [11][13][25]. Group 4: Historical Context and Resource Potential - The historic Pickle Crow mine produced 1.5 million ounces of gold at an average grade of 16 g/t from 1935 to 1966, with significant inferred resources still present [24]. - The potential for gold endowment in the broader region is highlighted by the evolving understanding of geological settings and the application of new technologies [24][25].
Coeur Mining: 10 Reasons Why The Stock Is My Top Gold Pick For 2026
Seeking Alpha· 2026-02-12 14:08
Core Insights - Coeur Mining (CDE) is positioned for rapid growth in 2026 due to the successful completion of an acquisition [1] Company Overview - Coeur Mining is highlighted as an interesting player in the gold mining sector [1] - The company is expected to leverage its acquisition to enhance its market position and growth potential [1]
Abcourt Mines Announces Participation in Red Cloud's Pre-PDAC Mining Showcase
TMX Newsfile· 2026-02-12 14:07
Rouyn-Noranda, Quebec--(Newsfile Corp. - February 12, 2026) - Abcourt Mines (TSXV: ABI) (OTCQB: ABMBF) is pleased to announce that the Company will be presenting at Red Cloud's Pre-PDAC Mining Showcase. We invite our shareholders and all interested parties to join us. The conference will be held in-person at The Omni King Edward Hotel on February 26-27, 2026. Pascal Hamelin, President, CEO and Director, will be present on February 26th at 10:00 Eastern Standard time, providing an update on the Company’s St ...
Brookmount Shares Latest Update on North America Gold Transaction & Recapitalisation
Accessnewswire· 2026-02-12 14:00
RENO, NEVADA / ACCESS Newswire / February 12, 2026 / The Board of Directors of Brookmount Gold is pleased to provide this further update on progress of the North America Gold (NAG), spinoff and recapitalization. In order to dramatically increase the resource profile of the NAG asset portfolio, currently comprising its two US and one Canadian property, the Board has, for some time, been actively assessing additional opportunities for high value targets in North America, including properties with an existing ...
Compass Gold Closes Private Placement of Units for Gross Proceeds of $5,398,330
TMX Newsfile· 2026-02-12 13:54
Core Viewpoint - Compass Gold Corporation successfully completed a private placement, raising approximately $5.4 million through the issuance of 28,412,264 units at a price of $0.19 per unit, exceeding the initial target of $5 million due to strong demand [1][2]. Group 1: Offering Details - The offering consisted of units, each comprising one common share and one common share purchase warrant, with warrants exercisable at $0.25 until February 12, 2029 [2]. - The net proceeds will be allocated to the evaluation and establishment of a gold processing facility at the Massala prospect, drilling, metallurgical studies, bulk sampling, and general corporate purposes [3]. Group 2: Agent and Fees - Canaccord Genuity Corp. acted as the sole agent and bookrunner for the offering, receiving a cash commission of 6.0% of the gross proceeds, reduced to 2.0% for units sold to purchasers on the president's list [5]. - The agent was also issued 1,225,020 non-transferable broker warrants, exercisable at $0.19 until February 12, 2028 [5]. Group 3: Insider Participation - Insiders purchased a total of 636,842 units for approximately $121,000, which is classified as a related party transaction [7]. - The participation was exempt from certain valuation and minority shareholder approval requirements due to the company's market capitalization and the nature of the transaction [7]. Group 4: Company Background - Compass Gold is a public company incorporated in Ontario and is a Tier 2 issuer on the TSX-V, holding gold exploration permits in Mali with a combined area of approximately 900 square kilometers [10]. - The company's exploration permits are located in a region known for several multi-million-ounce gold projects, indicating potential for significant resource development [10].
Robex ships initial gold from Guinea’s Kiniero project
Yahoo Finance· 2026-02-12 13:43
Robex Resources, a Canadian gold mining company, has made its initial gold shipment from the Kiniero Gold Project in Guinea, marking the start of commercial production at the mine. The shipment included around 197kg of gold, equivalent to approximately 6,336 troy ounces. The production aligns with all the requirements outlined in the senior secured facility agreement with Sprott as well as the Guinea Mining Code. Robex said that the recent shipment represents the first instance of commercial production ...
Midland Provides an Overview of Its 2026 Exploration Activities for Its Gold and Copper-Gold Projects, Including Those with Its Partners
Globenewswire· 2026-02-12 12:30
Core Viewpoint - Midland Exploration Inc. is advancing its gold and copper-gold exploration activities in Quebec for 2026, focusing on several projects in partnership with major companies, with a planned exploration budget exceeding $12 million [4][36]. Exploration Activities - Midland's exploration budget for 2026 is over $12 million, with $9.5 million from Midland and $2.5 million from partners, and nearly 15,000 meters of drilling planned [4]. - The company is collaborating with major partners such as BHP, Rio Tinto, Barrick Gold, and Agnico Eagle to advance multiple projects [4]. Project Highlights - **Jouvex Project**: Located 10 kilometers northwest of the Douay gold deposit, showing potential for volcanic massive sulfide-type mineralization based on historical drilling data and drone-supported magnetic surveys [6]. - **Casault Project**: In partnership with Wallbridge, this project has identified gold-in-till anomalies and new exploration targets along the Sunday Lake Deformation Zone, with a planned drilling campaign of 3,000 meters in 2026 [9][12]. - **La Peltrie Project**: A joint venture with Probe, this project has extended known Cu-Au-Ag-Mo mineralization and completed extensive soil sampling programs [13][14]. - **Caniapisc Au Project**: Located in the Ashuanipi Subprovince, this project confirmed historical gold anomalies and identified several mineralized boulders during exploration [22][23]. - **Lac Bernard and Viau Projects**: New projects identified based on regional studies, with lake bottom sediment sampling confirming several Cu and Au anomalies [25][26]. - **Willbob Project**: Acquired 100% interest in the Kan project, expanding exploration rights and identifying gold mineralization in altered iron formations [27][28]. - **Nachicapau Project**: A strategic alliance with SOQUEM has identified several Cu-Au-Ag mineralized zones, with ongoing exploration to determine the extent of mineralization [29][31]. - **Malaco Mountain Project**: This project has discovered Cu-Au-REE mineralization, with follow-up exploration planned for 2026 [32][33]. Strategic Partnerships - Midland emphasizes partnerships with reputable companies to enhance exploration efforts and generate shareholder value, indicating a preference for collaborative projects [36].