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Talisker Announces Closing of Final Tranche of Bought Deal Private Placement for Aggregate Gross Proceeds of C$23.0 Million
Globenewswire· 2025-11-06 14:45
Core Viewpoint - Talisker Resources Ltd. has successfully closed the final tranche of its bought deal private placement, raising a total of C$23 million for the advancement of its Bralorne Gold Project and general corporate purposes [1][2]. Group 1: Offering Details - The final tranche involved the sale of 3,150,000 common shares at a price of C$1.50 per share, generating gross proceeds of C$4,725,000 [1]. - In total, the offering comprised 15,333,334 shares sold, including the full exercise of the over-allotment option, resulting in gross proceeds of C$23,000,001 [1]. - Red Cloud Securities Inc. acted as the lead underwriter for the offering, supported by Canaccord Genuity Corp. and FMI Securities Inc. [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for the continued development of the Bralorne Gold Project, as well as for general corporate purposes and working capital [2]. Group 3: Regulatory and Compliance Information - The shares were offered through private placements in Canada (excluding Québec) and in the United States under applicable exemptions from registration requirements [3]. - Shares issued to Canadian purchasers in the first tranche are subject to a four-month hold period ending on February 25, 2026 [3]. - The underwriters received cash fees of C$283,500 and 189,000 non-transferable common share purchase warrants, allowing the purchase of shares at C$1.68 until November 6, 2027 [4]. Group 4: Company Overview - Talisker Resources Ltd. is a junior resource company focused on gold exploration and development in British Columbia, with its flagship asset being the Bralorne Gold Project [6]. - The company also holds the Ladner Gold Project and the Spences Bridge Project, which have significant exploration potential [6].
Toubani’s Kobada gold project continues operations amid Mali restrictions
Yahoo Finance· 2025-11-06 13:45
Toubani Resources has confirmed that its Kobada gold project operations remain unaffected despite recent media reports about fuel supply restrictions and the security situation in Bamako, Mali. Drilling activities at the project site are progressing as planned, with no interruptions reported. Additionally, a second reverse circulation (RC) drill rig is set to arrive at the Kobada site. The rig deployment will help expedite anomaly testing and sterilisation programmes, which are essential for confirming ...
Gold's Recent Pullback Presents An Intriguing Platform For Direxion's NUGT, DUST ETFs
Benzinga· 2025-11-06 13:23
While tech and tariffs may represent the most influential drivers in the market this year, the precious metals complex has benefited from an unusually bullish backdrop. Along with general fears tied to economic stability, inflation has been at the forefront of investors' minds. Subsequently, the safe-haven status of gold sent prices soaring — though the narrative may be shifting.Earlier, the erosion of dollar strength inspired market participants to seek the relative protection of gold. As a commodity comma ...
Renforth Completes Parbec Stripping and First Close of Financing
Thenewswire· 2025-11-06 13:00
Core Insights - Renforth Resources Inc. has successfully completed stripping activities at the Parbec Gold deposit, covering a total surface area of approximately 2200 square meters, confirming the presence of geological features that support previous drill data interpretations [1][2]. Group 1: Stripping Activities - The stripping program at Parbec has revealed unexpected faults and structures, which were not indicated by prior surface channel and drill data [1]. - Several lithologies associated with gold, previously only observed in drill core, were identified at the surface during the new trenching [1]. Group 2: Future Plans - Following the successful stripping program, the company plans to continue with stripping, mapping, washing, and sampling in the remaining permitted area in the spring [2]. Group 3: Financing - Renforth closed a total of $258,000 in the first closing of its financing, issuing 10,800,000 shares and 5,400,000 warrants on a flow-through basis, along with 2,100,000 shares and 2,100,000 warrants on a common share basis [6]. Group 4: Upcoming Events - Renforth will be attending the Duetsche Goldmesse conference in Frankfurt on November 15, where the company will present information about the Parbec open pit gold deposit and the nearby Victoria sulphide nickel polymetallic open pit deposit [7].
Kinross Gold Creates Value Amidst Record-High Gold Prices, The Market Likes It
Seeking Alpha· 2025-11-06 12:32
Core Viewpoint - Kinross Gold Corporation (KGC) is generally rated a "Buy" by the market, which aligns with the company's third quarter 2025 results released recently [1] Company Summary - Kinross Gold Corporation is listed on the NYSE and has received a favorable market rating, indicating positive investor sentiment [1] - The company’s third quarter 2025 results reflect its strong performance, supporting the "Buy" rating [1] Analyst Background - The analyst covering Kinross Gold holds a Master's degree in Business Economics and possesses extensive managerial and economic knowledge, with a solid quantitative foundation [1] - The analyst's expertise spans various sectors and stock types, providing a comprehensive investment strategy suitable for different investor profiles, including dividend investors and those seeking value or growth opportunities [1]
Blue Gold Limited Opens Registration for Standard Gold Coin (SGC), Digital Token Backed by Physical Gold
Globenewswire· 2025-11-06 12:00
Core Insights - The launch of the Standard Gold Coin (SGC) by Blue Gold Limited represents a significant step in the tokenized gold market, highlighting the growing demand for asset-backed digital currencies [1][2][5] - Trading volumes for gold reached a record average of US$329 billion per day in the first half of 2025, indicating the impact of digital innovations on traditional asset classes [2][5] Company Overview - Blue Gold Limited is a next-generation gold development and technology company focused on acquiring high-potential mining assets and integrating innovative monetization models, including asset-backed digital instruments [6] - The company emphasizes responsible development, operational transparency, and the use of modern financial technologies to redefine gold production and ownership in the 21st century [6][7] Product Details - Each SGC will be fully backed by audited, vaulted gold reserves held under an independent trust structure, ensuring transparency and redemption capability for token holders [3] - The SGC will be accessible through the Blue Gold One App, a fully integrated digital finance platform [1][4] Executive Commentary - The CEO of Blue Gold expressed excitement about the SGC, emphasizing that the tokens and the gold will be owned by the holders, making it a democratic currency [5] - The CTO highlighted the alignment of the SGC with macro trends in tokenization and digital ownership of real assets, positioning it as a bridge between traditional and decentralized finance [5]
Inventus Announces Bulk Sample Processing Underway and Provides Drill Program Update
Globenewswire· 2025-11-06 12:00
TORONTO, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSXV: IVS) (“Inventus” or the “Company”) is pleased to announce that processing of the 007 North bulk sample from its wholly-owned Pardo Gold Project, located 65 km northeast of Sudbury, Ontario, is ongoing at McEwen Inc.’s Stock Mill. Highlights Milling is currently underway for the fully permitted 4,816-tonne 007 North bulk sample that returned a weighted average grade and thickness of 3.84 gpt gold and 1.82 metres from 28 drill holes (see ...
Jaguar Mining Reports Solid Third Quarter 2025 Financial Results Driven by Strong Gold Prices and Pilar Performance
Accessnewswire· 2025-11-06 11:30
TORONTO, ON / ACCESS Newswire / November 6, 2025 / Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX:JAG)(OTCQX:JAGGF) today filed its third quarter results, the highlights of which are included in this news release. The interim condensed consolidated financial statements for the quarter ended September 30, 2025 and the accompanying management's discussion and analysis, can be accessed by visiting the Company's website at https://jaguarmining.com or its profile page on SEDAR+ at www.sedarplus.ca. ...
Heliostar Announces PEA for Ana Paula Underground with Strong Economics and Sustainable Cash Generation
Newsfile· 2025-11-06 11:30
Heliostar Announces PEA for Ana Paula Underground with Strong Economics and Sustainable Cash GenerationNovember 06, 2025 6:30 AM EST | Source: Heliostar Metals Ltd.Highlights:Base Case shows US$426.0M post tax NPV5, 28.1% IRR, with a 2.9 year payback at a US$2,400/oz gold price Upside Case shows US$1,012M post tax NPV5, 51.3% IRR, with a 1.9 year payback at a US$3,800/oz gold price874,700 oz of gold produced over a nine year mine life averaging 101 koz/yr after initial ramp-up Life-of-mine ave ...
Montage Gold Provides Exploration Update on the Sissédougou Trend at Its Koné Project in Côte d’Ivoire
Globenewswire· 2025-11-06 11:00
Core Insights - Montage Gold Corp. has reported significant progress in exploration at its Koné Project in Côte d'Ivoire, particularly with the Sissédougou trend, where the resource for the ANV deposit has more than doubled since earlier this year [2][10][41] - The ongoing 120,000-meter drill program has successfully identified multiple mineralized trends and targets, with all drill-tested targets returning positive results [3][12][7] - The company anticipates further growth in mineral resources as exploration continues, with a focus on both existing and new targets [11][32] Exploration and Resource Updates - The Koné project includes 7 mineralized trends with 52 identified targets, and mineralization has been confirmed at all 23 targets drill-tested so far [3][12] - The Sissédougou trend has shown a notable increase in Indicated Resources, rising by 72,000 ounces to 129,000 ounces at a grade of 1.06 g/t Au, and Inferred Resources increased by 54,000 ounces to 85,000 ounces at 1.1 g/t Au [5][32] - The overall Koné project Mineral Resource Estimate now stands at 5.49 million ounces of Indicated Resources at a grade of 0.63 g/t Au and 704,000 ounces of Inferred Resources at a grade of 0.51 g/t Au, representing a 13% increase in Indicated Resources and a 76% increase in Inferred Resources compared to the previous estimate [41][42] Drilling Program and Results - The 2025 drilling program was increased from 90,000 meters to 120,000 meters, with 87,595 meters drilled to date, focusing on the Gbongogo–Koroutou and Sissédougou trends [15][12] - High-grade mineralization has been intercepted at various targets, including notable drill results such as 29.0 meters at 3.55 g/t Au and 20.0 meters at 13.10 g/t Au [27][26] - The company is conducting a systematic auger drilling campaign to further define targets, with promising results indicating multiple gold anomalies over a 5 km area north of the ANV deposit [29][19] Construction Progress - Construction at the Koné project is progressing ahead of schedule, with key work packages tracking up to three months ahead, including the completion of all seven tanks on the first CIL train [8][6] - The processing plant area is advancing well, and early completion of the oxide circuit may allow for an earlier first gold pour [8][6] Strategic Objectives - Montage Gold aims to integrate higher-grade material from the onset of production, which is expected to yield significant returns on exploration investments [7][11] - The company is focused on becoming a premier African gold producer, with the Koné project positioned as a key asset in achieving this goal [46]