Core Viewpoint - Sixty North Gold Mining Ltd. is progressing towards operational readiness at the Mon Gold Mine, focusing on financing, development, and production plans while managing costs and operational strategies [1][10]. Expenditures - The company has invested a total of $6.2 million in the development of the Mon Gold Mine since 2017 [1]. - Direct operating costs during 2024 mining operations were $10,000 per day, equating to $143 per tonne of rock extracted [3]. Development - A total of 226 meters of development has been completed, accessing the A-Zone quartz veins, which historically yielded 15,000 tonnes of ore at a grade of 30 grams per tonne [2]. - The company plans to recover approximately 20,000 tonnes of the A-Zone vein using a mechanized rescue method to maximize extraction [5]. Plans - In 2026, the company plans to subdrift on both limbs of the A-Zone for a total of 137 meters, with extraction planned in four stopes [4]. - A 100 tonnes per day mill has been sourced for installation in spring 2026, with capital costs estimated at $1 million [6]. Labor and Operational Costs - Full production will require an increase in labor costs by 50% to around $15,000 per day, with consumables costs rising to nearly $5,000 per day [7]. Historical Context - The Mon Gold Mine previously extracted 15,000 ounces of gold from 15,000 tonnes of ore in the 1990s without a feasibility study [10].

Sirios Files Cheechoo Gold Project MRE Report on SEDAR: 1.3 Moz Indicated at 1.12 g/t Au, 1.7 Moz Inferred at 1.23 g/t AuAugust 25, 2025 9:00 AM EDT | Source: Sirios Resources Inc.Montréal, Québec--(Newsfile Corp. - August 25, 2025) - Sirios Resources Inc. (TSXV: SOI) (OTCQB: SIREF) ("Sirios") is pleased to announce that it has filed on SEDAR the "Technical Report on the Cheechoo Project with an Updated Mineral Resource Estimate for the Cheechoo Gold Deposit, Eeyou Istchee James Bay, Quebec, C ...

Vancouver, British Columbia--(Newsfile Corp. - August 25, 2025) - Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) ("Japan Gold" or the "Company") is pleased to announce the closing of an oversubscribed non-brokered private placement financing (the "Offering") for gross proceeds of C$2,067,600 (see news releases dated August 7, and August 14, 2025). Pursuant to the Offering, the Company issued a total of 25,845,000 common shares of the Company (the "Shares") at a price of C$0.08 per Share for gross proceeds of C ...

VANCOUVER, British Columbia, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT:1A9 | OTCQX: ASGOF) (“Asante” or the “Company”) is pleased to announce that, further to its news release dated August 11, 2025 announcing the execution of definitive agreements relating to an approximately $500 million (“M”) financing package (the “Financing Package”), the Company has completed and received the net proceeds from a $125M second utilization under its $150M senior debt facili ...

Core Insights - Barrick Gold has staked land adjacent to the Celts Project, emphasizing the strategic importance of the area [1] - Eminent Gold is focused on advancing the Celts Project, which is now recognized as a high-potential asset within its Nevada portfolio [2] - The company holds three 100%-owned, drill-ready projects in Nevada, with Celts being a priority target due to its geological similarities to other successful gold systems [2][3] Company Strategy - Eminent Gold aims to maintain majority ownership across its portfolio, positioning itself in a region with world-class gold systems [1] - The company is preparing to resume drilling at its flagship project, Hot Springs Range, and plans to explore multiple discovery-driven projects in Nevada [4] Project Highlights - Celts Project is characterized by geological features indicative of high-sulfidation epithermal systems, with surface samples showing up to 33 grams per tonne (g/t) gold [7] - Recent Induced Polarization surveys have identified a northeast-trending structure beneath the steam cap, suggesting potential for mineralization [7] - The company has completed a final payment under a Purchase Agreement with Orogen Royalties Inc. and Altius Resources Inc., issuing shares valued at US$325,000 [7]

Vancouver, British Columbia--(Newsfile Corp. - August 25, 2025) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) (FSE: V3H) ("Great Pacific Gold," "GPAC," or the "Company") has expanded its Phase 1 diamond drill program at the Wild Dog Project ("Wild Dog" or the "Project"), located on the island of New Britain, East New Britain Province, Papua New Guinea ("PNG"), from 2,500 metres to 5,000 metres.The Phase 1 program commenced in May 2025 and is designed to test high-priority targets over a 1.5 km str ...

Kenorland Reports High-Grade Intercept of 26.33 g/t Au over 12.15m on R6 Vein Set at Frotet Project, Quebec and Initiation of a Mineral Resource EstimateAugust 25, 2025 7:30 AM EDT | Source: Kenorland Minerals Ltd.Vancouver, British Columbia--(Newsfile Corp. - August 25, 2025) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce the remaining results from the 2025 winter drill program at the Frotet Project (the "Project"), locat ...

AbraSilver Extends Gold Zone at Diablillos Project with Additional Broad Intercepts at Oculto EastLatest Results Include 60 m at 1.05 g/t Gold Including 17 m at 2.83 g/t GoldAugust 25, 2025 7:30 AM EDT | Source: AbraSilver Resource Corp.Toronto, Ontario--(Newsfile Corp. - August 25, 2025) - AbraSilver Resource Corp. (TSX: ABRA) (OTCQX: ABBRF) ("AbraSilver" or the "Company") is pleased to announce assay results from three new drill holes from the ongoing Phase V exploration program at its wholl ...

First-ever drilling at Shepherd's Hill and Welcome Reef – historically producing goldfields worked only by artisanal miners in the past.Welcome Reef legacy: Produced 9,000+ oz @ 25 g/t Au1, with widths and grades improving at depth – Golden Cross plans to drill beneath where artisanal miners previously explored.Historic wealth creation: Legendary prospector Louis Ah Mouy's success at Welcome Reef helped establish Westpac Bank, now Australia's oldest and one of its largest banks.Vancouver, British Columbia- ...

Scorpio Gold Drills 1.24 Grams per Tonne Gold over 92.81 Metres at the Manhattan District, NevadaAugust 25, 2025 6:00 AM EDT | Source: Scorpio Gold CorpHighlightsHole 25MN-011 returned:1.24 grams per metric tonne ("g/t") Au over 92.81 metres ("m"), including 19.01 g/t Au over 3.05 m.1.79 g/t Au over 11.89 m, including 3.96 g/t Au over 4.06 m.1.50 g/t Au over 25.15 m, including 3.62 g/t Au over 9.60 m.Vancouver, British Columbia--(Newsfile Corp. - August 25, 2025) - Scorpio Gold Corp. (TSXV: SG ...