Workflow
Gold Mining
icon
Search documents
Lahontan Drills More Shallow Oxide Gold at West Santa Fe: 41m Grading 1.94 g/t Au Eq Including 9.1m Grading 4.14 g/t Au Eq
Accessnewswire· 2026-02-10 12:00
TORONTO, ON / ACCESS Newswire / February 10, 2026 / Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF)(FSE:Y2F) (the "Company" or "Lahontan") is pleased to announce more analytical results from our 2025 maiden drilling program at the Company's satellite West Santa Fe project, located only 13 km from Lahontan's flagship asset, the Santa Fe Mine project, in Nevada's prolific Walker Lane. These assay results are from two additional reverse-circulation rotary ("RC") drill holes at West Santa Fe and are summarized below ...
GFG Expands Aljo Gold System 150 m East with Step-Out Results of 7.23 g/t Au over 2.0 m as Discovery-Driven Exploration Advances Across Goldarm
Globenewswire· 2026-02-10 11:50
Core Viewpoint - GFG Resources Inc. has reported significant results from its Phase 2-2025 drill program at the Aljo Gold Project, indicating that gold mineralization extends beyond historical mine limits, suggesting strong growth potential for the project [1][2][4]. Summary by Sections Drill Results - Holes ALJ-25-037 and ALJ-25-038 confirm that gold mineralization extends well beyond the known limits of the Aljo Gold Mine, materially expanding the footprint of the Aljo gold system [2][12]. - Hole ALJ-25-037 returned 1.23 g/t Au over 16.0 m, including a higher-grade core of 7.23 g/t Au over 2.0 m, marking the first significant high-grade gold mineralization in the HW Zone east of the diabase dyke [8][9]. - Hole ALJ-25-038 intersected multiple stacked intervals of gold mineralization, including 2.23 g/t Au over 5.3 m, with a notable intercept of 13.30 g/t Au over 0.5 m [9][11]. Program Overview - The Phase 2-2025 drill program aimed to confirm and expand gold mineralization across the Main, HW, and Footwall Zones, successfully refining the geological model and extending mineralization at depth [5][19]. - The program included large step-out drilling to the east, testing potential extensions of the Aljo Gold System beyond historical mining limits [6]. System Growth and Future Plans - The results from the recent drill holes demonstrate strong grade and structural continuity, indicating the potential for further expansion of the Aljo gold system [12][13]. - GFG plans to conduct over 6,000 m of drilling in 2026, focusing on expanding the Main and HW Zones while advancing regional exploration across the Goldarm portfolio [4][16][22]. Strategic Outlook - GFG's exploration strategy for 2026 emphasizes capital deployment into the ground, leveraging its district-scale land position, and advancing multiple discovery opportunities in the Timmins Gold District [22][33]. - The company is well-financed to execute an aggressive exploration program aimed at both advancing Aljo toward resource-scale definition and unlocking new discoveries across its broader properties [16][22].
GFG Expands Aljo Gold System 150 m East with Step-Out Results of 7.23 g/t Au over 2.0 m as Discovery-Driven Exploration Advances Across Goldarm
Globenewswire· 2026-02-10 11:50
Core Insights - GFG Resources Inc. has reported significant results from the final two drill holes of its Phase 2-2025 drill program at the Aljo Gold Project, indicating that gold mineralization extends beyond the known limits of the historic Aljo Gold Mine [1][2][4] Phase 2-2025 Program Overview - The Phase 2-2025 drill program aimed to confirm and expand gold mineralization across the Main, HW, and Footwall Zones, with successful infill and step-out drilling confirming continuity and expanding mineralization at depth [5][12] - New drill results from holes ALJ-25-037 and ALJ-25-038 demonstrate strong grade and structural continuity, expanding the Aljo gold system significantly [12][13] Drill Results - Hole ALJ-25-037 returned 1.23 g/t Au over 16.0 m, including a higher-grade core of 7.23 g/t Au over 2.0 m, marking the first significant high-grade gold mineralization in the HW Zone east of the diabase dyke [8][9] - Hole ALJ-25-038 intersected multiple stacked intervals, including 2.23 g/t Au over 5.3 m, confirming the extension of the Main Zone east of historical mine workings [11][12] System Growth and Future Plans - The results from the recent drilling support further expansion of the Aljo gold system, with plans for an aggressive follow-up drill program of over 6,000 m in 2026 [4][9] - The company is also advancing a district-scale exploration strategy across its Goldarm portfolio, including a 90-hole sonic drilling program and a 2,500 m diamond drilling campaign targeting priority corridors [15][20] Strategic Outlook - GFG's exploration strategy for 2026 reflects a commitment to capital deployment in the ground, leveraging its district-scale land position, and advancing multiple discovery opportunities in the Timmins Gold District [22][32] - The company is well-financed to execute its exploration plans, aiming for both near-term growth at Aljo and new discovery potential across the broader Goldarm and Pen properties [16][22]
Liberty Gold Announces Updated Mineral Resource Estimate for the Black Pine Oxide Gold Project, Idaho
Globenewswire· 2026-02-10 11:00
4,882,000 Au oz Indicated and 1,050,000 Au oz InferredVANCOUVER, British Columbia, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce an update to the independent Mineral Resource Estimate (the “Resource” or “MRE”) at its Black Pine Gold Project (“Black Pine”), located in southeastern Idaho, USA. The Resource is reported at a cut-off grade (“COG”) of 0.10 grams per tonne (“g/t”) gold (“Au”) and consists of: Indicated Resourc ...
Provenance Gold Appoints Vice President of Exploration
TMX Newsfile· 2026-02-10 10:00
Core Insights - Provenance Gold Corp. has appointed Luke Schranz as Vice President of Exploration, effective immediately, to oversee technical programs and advance discovery at the Eldorado project [1][3] - Mr. Schranz brings extensive experience in drilling, geologic mapping, and prospecting, with a strong educational background in geology [2] - The company is planning an aggressive exploration program for 2026, leveraging Mr. Schranz's expertise in gold exploration [3] Company Developments - Provenance Gold congratulates Paramount Gold on the federal approval of the Grassy Mountain Gold Project, which allows for further development of mining projects in eastern Oregon [3] - The company is awaiting assay results for six diamond core holes completed at Eldorado East, focusing on the new discovery area at Herman and an unexplored area between zones 2 and 3 in the Tyee area [4] - In connection with Mr. Schranz's appointment, the company has issued 1,250,000 options exercisable at $0.30 per share, vesting 20% every six months for four years [5] Technical Oversight - The technical content in the announcement has been reviewed and approved by Jo Price, a Qualified Person as defined under National Instrument 43-101, ensuring compliance and credibility [6] - Provenance Gold is focused on its flagship Eldorado Gold Project in eastern Oregon, advancing through systematic drilling and geological modeling [7]
Orosur Mining Inc Announces Maiden Mineral Resource Estimate at Pepas
Accessnewswire· 2026-02-10 07:00
Core Insights - The maiden mineral resource estimate at the Pepas site of the Anzá Project in Colombia indicates a total of 1.14 million tonnes (Mt) at a grade of 5.46 grams per tonne (g/t) of gold, equating to approximately 201,000 ounces of contained gold [1] - Additionally, there is an inferred mineral resource of 0.19 million tonnes (Mt) at a grade of 2.99 g/t of gold, representing around 18,000 ounces of contained gold [1]
澳大利亚锂与黄金 -现货情景分析- Australian Lithium & Gold – spot scenarios
2026-02-10 03:24
Summary of Australian Lithium & Gold Coverage Industry Overview - The report focuses on the Australian lithium and gold sectors, providing coverage summaries, forecasts, and spot pricing scenarios as of February 6, 2026 Key Companies and Ratings - **Buy Recommendations**: NST, NEM, CMM, BGL, RMS, WGX, PNR, WA1 [4] - **Sell Recommendations**: PLS, LTR, MIN, EVN [4] Company-Specific Insights - **IGO**: Neutral rating, Nickel/Lithium, Market cap: US$4.3 billion, Current price: A$8.21, Downside: 15%, NAV: A$5.28, NTM EV/EBITDA: 12.4x [4] - **PLS**: Sell rating, Spodumene Lithium/Specialties, Market cap: US$9.2 billion, Current price: A$4.10, Downside: 27%, NAV: A$2.68, NTM EV/EBITDA: 14.4x [4] - **LTR**: Sell rating, Spodumene, Market cap: US$3.6 billion, Current price: A$1.64, Downside: 11%, NAV: A$1.07, NTM EV/EBITDA: 19.8x [4] - **MIN**: Sell rating, Fe/Li/Crushing, Market cap: US$7.2 billion, Current price: A$52.43, Downside: 14%, NAV: A$37.40, NTM EV/EBITDA: 6.9x [4] - **NST**: Buy rating, Gold, Market cap: US$26.4 billion, Current price: A$26.57, Upside: 19%, NAV: A$30.14, NTM EV/EBITDA: 7.1x [4] - **EVN**: Sell rating, Gold/Copper, Market cap: US$20.0 billion, Current price: A$14.18, Downside: 10%, NAV: A$12.28, NTM EV/EBITDA: 7.5x [4] - **NEM**: Buy rating, Gold, Market cap: US$118.4 billion, Current price: A$154.72, Upside: 20%, NAV: A$172.72, NTM EV/EBITDA: 6.0x [4] - **CMM**: Buy rating, Gold, Market cap: US$4.2 billion, Current price: A$13.11, Upside: 34%, NAV: A$16.50, NTM EV/EBITDA: 9.7x [4] - **BGL**: Buy rating, Gold, Market cap: US$1.8 billion, Current price: A$1.65, Upside: 21%, NAV: A$1.98, NTM EV/EBITDA: 4.9x [4] - **RMS**: Buy rating, Gold, Market cap: US$5.9 billion, Current price: A$4.29, Upside: 25%, NAV: A$5.19, NTM EV/EBITDA: 9.8x [4] - **WGX**: Buy rating, Gold, Market cap: US$4.5 billion, Current price: A$6.76, Upside: 37%, NAV: A$8.85, NTM EV/EBITDA: 4.4x [4] - **PNR**: Buy rating, Gold, Market cap: US$1.3 billion, Current price: A$4.51, Upside: 67%, NAV: A$6.60, NTM EV/EBITDA: 3.1x [4] - **WA1**: Buy rating, Niobium, Market cap: US$0.8 billion, Current price: A$15.53, Upside: 69%, NAV: A$30.04 [4] Valuation Metrics - **NAV Valuation**: Companies have varying NAVs, with NST having the highest at A$30.14 and PLS the lowest at A$2.68 [4] - **NTM EV/EBITDA Multiples**: Ranges from 3.1x (PNR) to 19.8x (LTR), indicating differing market expectations and valuations across companies [4] Commodity Price Forecasts - **Lithium Carbonate (China)**: Estimated at US$18,366 per ton, down 24% from spot [8] - **Lithium Hydroxide (China)**: Estimated at US$17,856 per ton, down 24% from spot [8] - **Spodumene 6%**: Estimated at US$2,015 per ton, down 45% from spot [8] - **Gold**: Estimated at US$4,778 per ounce, down 20% from spot [8] - **Copper**: Estimated at US$5.88 per pound, down 11% from spot [8] Additional Insights - The report highlights potential conflicts of interest due to Goldman Sachs' business relationships with covered companies [2] - Analysts emphasize the importance of considering this report as one of several factors in investment decisions [2] - The report includes a detailed analysis of market cap, price targets, and upside/downside potential for each company [4] This summary encapsulates the key points from the Australian Lithium & Gold Coverage report, providing insights into company ratings, valuations, and commodity forecasts.
Dakota Gold Announces Pricing of $75 Million Public Offering
TMX Newsfile· 2026-02-10 02:53
Core Viewpoint - Dakota Gold Corp. has announced a public offering of 12,336,000 shares of its common stock, aiming to raise approximately $75 million, which could increase to about $86.25 million if the underwriters fully exercise their option [1][2]. Group 1: Offering Details - The public offering is expected to close on or about February 11, 2026, pending customary closing conditions [1]. - The gross proceeds from the offering, before expenses, are estimated at approximately $75 million, with a potential increase to $86.25 million if the underwriters exercise their option in full [2]. - The net proceeds from the offering will be utilized for working capital and other general corporate purposes [2]. Group 2: Underwriters and Options - BMO Capital Markets and Scotiabank are acting as lead book-running managers for the offering, with several other firms serving as co-managers [3]. - The underwriters have been granted an option to purchase an additional 1,850,400 shares, representing up to 15% of the shares being sold in the offering, exercisable for 30 days from the underwriting agreement date [4]. Group 3: Regulatory Compliance - The offering is being conducted under the company's effective shelf registration statement on Form S-3, which includes a base prospectus previously filed with the SEC [5].
New Targets at the Wyloo Gold – Silver – Antimony Project for Maiden Drill Program
Globenewswire· 2026-02-09 22:28
Core Insights - Novo Resources Corp. has provided an update on the Wyloo Project, highlighting recent exploration results and a forward work program, including a maiden RC drilling program planned for Q2 2026 to test the Wyloo SE polymetallic vein system [2][3][19]. Exploration Results - Recent soil sampling at Wyloo SE has defined a strong, open-ended multielement anomaly over a known polymetallic vein system, with peak soil values of 57.2 ppm Ag, 142 ppm Sb, 1,440 ppm As, 2,180 ppm Zn, and 1,530 ppm Pb [5][11]. - Follow-up stream sediment sampling at Wyloo SW has expanded the original anomaly, defining a target area of 2.5 km x 800 m with peak stream sediment results of 19.9 ppm Sb and a multielement association of Sb-As-Cu-Pb-Zn [4][15]. Geological Context - The Wyloo project area is located in the southern Pilbara, with the Wyloo SE and SW prospects situated within the core of the Wyloo anticline, forming a basement high within the Ashburton Basin [6][28]. - The geological setting includes a dynamic tectonic environment with the Nanjilgardy Fault located just 5 km south of the prospect [6]. Planned Activities - A heritage survey is scheduled for March 2026 to facilitate access for the planned RC drilling at Wyloo SE [5][19]. - The maiden drilling program will target the ENE trending vein array, the Tasha Fault Zone, and soil anomalies parallel to stratigraphy, aiming to assess the vertical metal zonation and potential plunge of the target [19][20]. Historical Context - Significant antimony anomalies were identified in 2023 during routine stream sediment sampling, leading to further exploration that revealed a zone of quartz-sulphide veining with anomalous antimony, silver, gold, and base metals at Wyloo SE [7][9]. - Previous rock chip sampling yielded peak assay results of 387 g/t Ag, 0.38% Sb, 5.0% Pb, 1.6% Zn, 2.4% Cu, and 0.52 g/t Au, enhancing the target's potential [7].
Katusa’s “The Parallel Reserve” and Tether’s Gold Buying
Stockgumshoe· 2026-02-09 22:12
Core Insights - Tether is positioning itself as a digital central bank by accumulating gold to back its stablecoin, Tether Gold (XAU₮), which could lead to significant premiums for certain gold companies [1][4][13] - The company is actively acquiring stakes in gold royalty companies to secure a long-term gold supply, with nearly $2 billion already invested in four companies [2][14] - Tether's strategy is to create a "Parallel Reserve" that operates independently of traditional banking systems, aiming for monetary independence through hard asset accumulation [4][5][13] Group 1: Tether's Gold Acquisition Strategy - Tether is purchasing over a tonne of physical gold weekly and is focusing on smaller gold royalty companies to ensure a stable gold supply for future XAU₮ token issuance [2][13] - The company has filed activist positions in four Canadian gold companies, indicating intentions to propose changes to their ownership structures [3][14] - Tether's ambition to act as an independent central bank is underscored by its strategy to accumulate hard assets and generate its own income without relying on government bonds [4][5] Group 2: Market Dynamics and Investment Opportunities - Tether's investments in gold royalty companies are seen as strategic acquisitions, with some companies trading at significant discounts to their intrinsic value, presenting potential for high returns [14][15] - The competition among major royalty companies, Tether, and private equity investors for gold assets is expected to drive prices higher, potentially leading to gains of 200% to 500% [17][20] - Tether's need for guaranteed gold supply for tokenization is creating a scarcity in the market, with only 15-20 significant gold royalty companies available [17][18] Group 3: Specific Companies and Predictions - Tether has targeted specific gold royalty companies, including Elemental Royalty, Metalla Royalty, and Gold Royalty Corp, with the latter being a strong candidate for further investment due to its North America focus [16][21][22] - The potential for Tether to acquire more stakes in Gold Royalty Corp is complicated by the company's poison pill strategy, which could affect future ownership dynamics [22][23] - Predictions indicate that Tether's push for gold could lead to significant growth for junior miners, with specific companies like West Red Lake Gold Mines and Dakota Gold being highlighted as potential beneficiaries [24][27]