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Osisko Development Strengthens Technical Team With Appointment of Vice President, Exploration
Globenewswire· 2025-11-03 12:30
MONTREAL, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the appointment of Mr. Scott Smith as Vice President, Exploration effective November 1, 2025. Mr. Smith joins from Prime Mining Corp. where he most recently served as Executive Vice President, Exploration until its acquisition by Torex Gold Resources Inc. in October 2025. "We are delighted to bolster our exploration team with Scott's appointment. He bring ...
Altamira Gold Mobilizes Second Diamond Drill Rig to the Cajueiro Gold District, Brazil
Newsfile· 2025-11-03 12:30
Altamira Gold Mobilizes Second Diamond Drill Rig to the Cajueiro Gold District, BrazilNovember 03, 2025 7:30 AM EST | Source: Altamira Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - November 3, 2025) - Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTCQB: EQTRF) ("Altamira" or the "Company"), is pleased to announce the mobilization of a second diamond drill rig to its Cajueiro gold district, Brazil. The additional drill rig will focus on the Central Resource Area and several of the po ...
Founders Metals Announces $50,000,000 Strategic Investment by Gold Fields
Newsfile· 2025-11-03 12:00
Core Viewpoint - Founders Metals Inc. has entered into a subscription agreement with Gold Fields Netherlands Services B.V. for the acquisition of 12,048,193 common shares at a price of $4.15 per share, raising a total of $50 million through a non-brokered private placement [1][2]. Group 1: Investment Details - The proceeds from the investment will be allocated for land consolidation, regional exploration activities, working capital, and general corporate purposes at the Antino Gold Project in Suriname [2]. - The transaction is expected to close on or about November 10, 2025, pending customary conditions including approval from the TSX Venture Exchange [6]. Group 2: Strategic Partnership - The partnership with Gold Fields, a leading global gold producer, is expected to enhance Founders' capabilities in advancing the Antino project, leveraging Gold Fields' technical expertise and experience in developing gold deposits [3]. - An Investor Rights Agreement will be established, granting Gold Fields certain rights including top-up and financing participation rights, technical committee representation, and the right to appoint a board nominee if ownership exceeds 12.5% [4]. Group 3: Company Background - Founders Metals is focused on the Antino Gold Project, which spans 56,000 hectares and has produced over 500,000 ounces of gold from historical mining [8]. - Gold Fields operates nine mines globally and has a total attributable annual gold-equivalent production of 2.1 million ounces, with significant mineral reserves and resources [7].
Amex Aims to Build Gold Ounces at Perron with up to 100,000m of New Drilling Planned
Newsfile· 2025-11-03 12:00
Core Viewpoint - Amex Exploration Inc. is planning an extensive drilling program for 2026, aiming to conduct up to 100,000 meters of drilling at its flagship Perron Project in Quebec and the Perron West Project in Ontario, marking one of the most aggressive drill programs for a junior developer in Canada [1][2]. Group 1: 2025 Drilling Program - The remainder of the 2025 drilling program includes a 10,000-meter initiative focused on the Eastern Gold Zone (EGZ), which hosts the majority of the current resource [5]. - The program aims to test several targets within the EGZ, including the Champagne, Denise, Team, E2, JT, and Alizée zones, all of which remain open for expansion [5]. - Specific goals include testing the northeastern extension of the Champagne Zone, exploring deeper targets in the Team Zone, and assessing extensions of the Central Polymetallic Zone [5]. Group 2: 2026 Exploration Plans - The 2026 exploration program is fully budgeted and will focus on resource expansion and new discoveries across the expanded land package [2][6]. - The geological team has identified several highly prospective new targets within the Normétal-Burntbush greenstone belt, which has been historically underexplored for gold [2]. - Further details of the 2026 drill program will be announced in the coming months, with an emphasis on continued resource expansion at Perron and testing regional targets [6]. Group 3: Project Overview - The Perron Project consists of 183 contiguous claims covering an area of 65.75 square kilometers, while the adjacent Perron West Project includes 35 claims for a total land package of 200.30 square kilometers [12][13]. - The projects are located in a geologically favorable area for both high-grade gold and volcanogenic massive sulphide (VMS) mineralization [13]. - The infrastructure supporting the projects is robust, with year-round road access and proximity to processing plants owned by major gold producers [14].
Prospector Announces $10 Million Equity Investment by B2Gold
Newsfile· 2025-11-03 12:00
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATESVancouver, British Columbia--(Newsfile Corp. - November 3, 2025) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) ("Prospector" or the "Company") is pleased to announce that B2Gold Corp. (TSX: BTO) (NYSE American: BTG) (NSX: B2G) ("B2Gold") has agreed to complete an additional strategic investment into the Company. Pursuant to the transaction B2Gold has agreed to subscribe for an aggregate of 10,309,278 comm ...
Jaguar Mining Inc. Embarks on Strategic 5,000-Meter Directional Drilling Program at Pilar Mine in 2026, Targeting Discovery of Over 500,000 Ounces of New Gold Endowment
Accessnewswire· 2025-11-03 11:30
Core Insights - Jaguar Mining Inc. plans to conduct a comprehensive 5,000-meter directional diamond drilling program at its Pilar Mine in 2026, aiming to expand known mineralization at depth and unlock new gold resources [1] Company Developments - The drilling program is a strategic initiative that builds on recent high-grade gold intercepts reported from the BA Zone at Pilar [1]
NEVADA KING ANNOUNCES JUSTIN DALEY AS VICE PRESIDENT EXPLORATION
Prnewswire· 2025-11-03 11:30
Mr. Daley is a professional geologist with over 15 years of experience in mineral exploration, most recently as CEO of VR Resources, a precious and base metals exploration company focused on early-stage projects in Nevada and Ontario. He has explored caldera related gold systems similar to the Atlanta Gold Mine Project across central Nevada and completed his M.Sc. research at Laurentian University on the evolution and timing of epithermal gold systems. He brings a wealth of experience in using new explorati ...
Headwater Gold Geophysical Survey Delineates Prospective Fault Corridor on the Spring Peak and Lodestar Projects, Nevada
Thenewswire· 2025-11-03 11:30
Core Insights - Headwater Gold Inc. has announced significant findings from a gravity geophysics survey on its Spring Peak and Lodestar projects in Nevada, revealing extensive untested potential for gold mineralization [1][2][3] Spring Peak-Lodestar Gravity Survey - The gravity survey covered approximately 200 square kilometers with 2,336 ground stations, successfully outlining major geological features [2][3] - The survey identified a deep-seated fault system along the Bear Fault corridor, extending over 12 kilometers, which is significantly larger than previously known [4][5] - The survey's findings suggest that the Bear Fault corridor has substantial untested potential for high-grade epithermal veins, particularly in the Disco Zone and Doug target areas [4][6] Untested Potential - The Bear Fault corridor remains largely untested beyond the Disco Zone, presenting opportunities for new discoveries similar to recent significant finds in Nevada [4][6] - The Zodiac target on the Lodestar project and the Doug target at Spring Peak show strong structural alignment in the gravity data, indicating potential for high-grade mineralization [4][7] Implications for Exploration - The gravity survey has refined regional targeting along the Bear Fault, highlighting blind opportunities for exploration under volcanic cover [10] - Additional exploration programs are planned to further investigate vein targets identified by the gravity survey, utilizing advanced geophysical techniques [10] About the Projects - The Spring Peak project is located in the Aurora Mining District and has confirmed high-grade gold mineralization, with significant drill results reported [11] - The Lodestar project, situated near the Spring Peak project, has initiated its first significant exploration program since 1988, indicating potential for high-grade epithermal veins [12][13]
RUA GOLD Engages ICP Securities Inc. for Automated Market Making Services
Newsfile· 2025-11-03 11:00
Core Viewpoint - Rua Gold Inc. has engaged ICP Securities Inc. for automated market making services to enhance liquidity and manage share supply and demand [1][3]. Group 1: Engagement Details - The agreement with ICP Securities Inc. includes a monthly fee of C$7,500 plus applicable taxes, starting from November 1, 2025, with an initial term of four months [2]. - The contract will automatically renew for one-month terms unless either party provides a 30-day written notice [2]. - There are no performance-based factors or stock options associated with this agreement [2]. Group 2: Company Overview - Rua Gold Inc. is focused on exploration in New Zealand, controlling over 120,000 hectares in the Reefton Gold District, which has historically produced over 2 million ounces of gold [6][7]. - The company is also advancing its Glamorgan Project, located in a region that has produced 15 million ounces of gold and 60 million ounces of silver [9]. Group 3: ICP Securities Inc. Overview - ICP Securities Inc. is a Toronto-based dealer-member specializing in automated market making and liquidity provision, utilizing its proprietary algorithm, ICP Premium™ [5]. - Established in 2023, ICP focuses on enhancing market structure and execution for public issuers and institutional investors [5].
Snowline Announces Conditional Approval To Graduate To The Toronto Stock Exchange
Accessnewswire· 2025-11-03 11:00
Core Points - Snowline Gold Corp. has received conditional approval to list its common shares on the Toronto Stock Exchange (TSX) [1] - The company is set to graduate from the TSX Venture Exchange (TSXV) [1]