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Heliostar Restarts Mining Operations at San Agustin, Durango
TMX Newsfile· 2025-12-18 11:30
Core Viewpoint - Heliostar Metals Ltd. has successfully restarted mining operations at the San Agustin mine, which is expected to significantly increase gold production in 2026, generating substantial cash flow at current gold prices [2][3]. Mining Operations - Mining, crushing, and stacking of ore at San Agustin have recommenced, with the company planning to produce 45,000 ounces of gold at an all-in sustaining cost (AISC) of $1,990 per ounce, yielding a margin of over $2,300 per ounce at current gold prices [1][2][3]. - The company has completed two ore blasts and two waste blasts, with 90% of the mobile equipment fleet mobilized to site to meet production targets [5]. Financial Projections - The expected cash flow from mining the current reserve is projected to be approximately $40 million at a gold price of $3,000 per ounce [3]. - The life-of-mine (LOM) plan indicates a probable mineral reserve of 68,000 ounces of gold, with a post-tax NPV of $35.3 million and an IRR of 548% based on a $3,000 per ounce gold price [9]. Drilling Program - A drilling program of 10,000-15,000 meters is underway, with 37 holes completed to date, aimed at identifying extensions of the orebody to potentially increase the mine life [3][13]. - Previous drilling results from the Corner SW target area have shown higher-grade oxide results, enhancing the potential of certain lower-grade areas [14][22]. Technical Report - An amended technical report filed in January 2025 outlines the operational and economic parameters of the San Agustin project, including the estimated initial capital cost of $4.2 million [9][10]. - The report emphasizes the importance of the existing infrastructure, including a crusher and conveyor system with a throughput capacity of 30,000 tonnes per day [10]. Company Outlook - Heliostar is focused on production growth and enhancing shareholder value, with plans to provide formal guidance in January 2026 [3]. - The company has demonstrated progress in crystallizing growth opportunities within its portfolio, including studies on flagship projects like Ana Paula and Cerro del Gallo [3].
Hemlo Mining Corp. Announces First Gold Pour and Updates to its Post-Consolidation Share Capital
Prnewswire· 2025-12-18 11:30
Company Overview - Hemlo Mining Corp. has acquired the Hemlo Gold Mine from Barrick Mining Corp. for approximately US$1.1 billion, aiming to become a leading Canadian mid-tier gold producer [1] - The Hemlo Gold Mine, located 35 kilometers east of Marathon, Ontario, has produced around 25 million ounces of gold since 1985 [1] Share Capital Rectification - The company rectified prior disclosures regarding its share capital post-acquisition, indicating 295,496,636 common shares issued and outstanding, a reduction of 284 shares due to rounding [2] - There was a misallocation in the number of stock options and restricted share units, resulting in 6,592,595 stock options and 3,089,945 restricted share units being granted upon completion of the transaction [3] Convertible Debentures - Holders of the company's $2,500,000 unsecured convertible debentures converted their debentures into common shares, resulting in the issuance of an additional 833,332 common shares at a price of $3.00 per share [4] - Following this conversion, the total number of common shares issued and outstanding reached 296,329,968 as of December 17, 2025 [4] Forward-Looking Statements - The company plans to stabilize operations and drive performance, with a full corporate update expected in January 2026, including preliminary production results for 2025 [6] - Key assumptions for future performance include successful integration of the Hemlo mine, future gold prices, and the ability to fund programs and operations [8]
Kirkland Lake Discoveries Signs Definitive Agreement to Acquire the Mirado Project with Historical Gold Inferred Resource of 10.6 Mt at 1.29 g/t for 442,000 oz
TMX Newsfile· 2025-12-18 11:00
Toronto, Ontario--(Newsfile Corp. - December 18, 2025) - Kirkland Lake Discoveries (TSXV: KLDC) (OTCID: KLKLF) ("KLDC" or the "Company") is pleased to announce that it has entered into a definitive agreement dated December 16, 2025 (the "Purchase Agreement") with Orecap Invest Corp. ("Orecap") providing for the acquisition of the Mirado Gold Project, a 2,500-hectare property hosting an inferred historical resource of 10.6 Mt at 1.29 g/t for ~442,000 oz Au with strong opportunities for near-resource expansi ...
Alamos Gold (AGI) Position Maintained by Jefferies in 2026 Metals and Mining Preview
Yahoo Finance· 2025-12-18 05:37
Alamos Gold Inc. (NYSE:AGI) is one of the best Reddit stocks to invest in right now. On December 7, Jefferies analyst Fahad Tariq raised the firm’s price target on Alamos Gold to $49 from $44 and maintained a Buy rating on the shares. This decision was made as part of the firm’s 2026 preview for the metals and mining group. While remaining favorable toward attractively valued gold equities, the firm has tempered its view on copper stocks due to rising valuations ahead of next year. Tariq expects gold min ...
Nations Royalty Announces AGSM Results
TMX Newsfile· 2025-12-17 22:23
Core Points - Nations Royalty Corp. held its Annual General & Special Meeting on December 16, 2025, where shareholders voted in favor of all business items, including the election of directors and the appointment of the auditor [1][2] - A total of 120,281,958 votes were cast, representing 83.09% of the total outstanding shares, with all director nominees receiving overwhelming support [2] - The company aims to unite First Nations and Indigenous groups across Canada, inviting external investors to participate as shareholders, focusing on economic reconciliation and capacity building for Indigenous Peoples [3] Director Elections - The following director nominees were elected with nearly unanimous support: - Alexander Morrison: 120,275,253 votes (99.99%) - Edward Clayton: 120,281,258 votes (99.99%) - Robert McLeod: 120,275,283 votes (99.99%) - Saga Williams: 120,281,258 votes (99.99%) - Derrick Pattenden: 120,275,283 votes (99.99%) [2] Company Vision and Operations - Nations Royalty Corp. focuses on combining royalties, income, and commodity streams from resource projects, leveraging the growth potential typical of publicly traded royalty companies [3] - The company has established five annual benefit payment entitlements related to various properties in Canada, including high-grade gold and copper-gold-silver-molybdenum deposits [4][6]
Tajiri Reports First Yono Trenches and Delivers High Grade Intercepts of 2m @ 41.3g/t Gold; 2m @ 30.2g/t Gold; 1m @ 10.9g/t Gold
TMX Newsfile· 2025-12-17 21:00
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2025) - Tajiri Resources Corp. (TSXV: TAJ) ("Tajiri" or the "Company") is pleased to report results of initial trenching from its majority-owned Yono Gold Property contiguous to the multi-million ounce gold endowmenti shared between the properties of G2 Goldfields Inc. "G2" and G Mining Ventures Corp. "GMin." Seven trenches reported today were excavated, except for YTR3 which tested better auger values along the northern boundary of the Property, ...
Kinross Gold (KGC) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2025-12-17 18:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style S ...
Can These 5 Relative Price Strength Stocks Lead in 2026?
ZACKS· 2025-12-17 16:16
Key Takeaways Five stocks with strong relative price strength are poised for potential leadership into 2026.These picks show positive Q1 estimate revisions and gains vs. the S&P 500 over multiple timeframes.All five companies meet strict screens for earnings momentum, liquidity, and strong VGM scores.U.S. stocks are heading toward the end of the year with clear momentum, as the major indexes continue to hover near record levels. While short-term pauses have appeared, they have been shallow, suggesting that ...
The Great Gold Rotation: Smart Money Chases Strategic Assets as Gold Holds $4,300
Financialpost· 2025-12-17 15:33
Article contentDISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and a ...
AMENDED Golden Cariboo Resources Intersects 0.56 g/t Gold over 99.84m (327.56 ft)
Thenewswire· 2025-12-17 15:30
December 17, 2025 – TheNewswire - Vancouver, B.C., Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) announces it has intersected 0.56 g/t gold over 99.84m (327.56 ft) in QGQ25-23 from 182.20m. Additionally, drill holes QGQ24-21 and QGQ25-23 to -24 each intersected intermittent anomalous gold mineralization but were terminated early due to mechanical issues while drilling. Intercepts are summarized in Table 1 with drill hole specifications in Table 2. All o ...