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Cariboo Rose Cuts 44.4 Meters of 1.51 g/t Gold Equivalent at Lightning Strike
Thenewswire· 2026-01-22 14:00
Core Insights - Cariboo Rose Resources Ltd. has reported positive results from two diamond drill holes at its Lightning Strike Gold Silver Project, indicating potential for gold and silver mineralization [1][3]. Drill Hole Details - Two drill holes, LSD25-01 and LSD25-02, were completed with a total length of 568 meters, located 60 kilometers northeast of 100 Mile House, British Columbia [1]. - LSD25-01 has a length of 313 meters, while LSD25-02 measures 255 meters [1]. Historical Context - Previous exploration by Homestake Mining in 1984 and Skygold Resources (now Spanish Mountain Gold Corp.) identified gold and silver mineralization, with trenching revealing gold values up to 25.1 g/t and silver values up to 216.8 g/t [2]. - From 2008 to 2010, 31 diamond drill holes were completed, all returning at least one anomalous to strongly mineralized gold intercept [2]. 2025 Diamond Drill Results Summary - Drill results from LSD25-01 include an intercept of 44.4 meters grading 0.77 g/t gold and 37.1 g/t silver, equivalent to 1.51 g/t gold [3][4]. - LSD25-02 showed multiple intercepts, with the highest being 1.17 g/t gold over 6.5 meters [3]. Historical Drill Intercepts - Significant historical intercepts at Lightning Strike include 0.77 g/t gold over 54.0 meters and 3.42 g/t gold with 228.1 g/t silver over 5.0 meters [5]. Analytical Methods - Core samples were analyzed using Photon Assay, an environmentally friendly x-ray assay procedure, which enhances the analysis of gold, silver, and other elements [8].
Sun Summit Confirms the High-Grade Gold-Silver Potential of the Finn Zone: Drills 5.30 g/t Gold and 157.9 g/t Silver over 6.0 meters at the JD Project
TMX Newsfile· 2026-01-22 12:00
Core Insights - Sun Summit Minerals Corp. has reported promising assay results from its 2025 drilling at the Finn Zone of the JD Project, indicating significant gold-silver mineralization and setting the stage for a fully funded 10,000-meter drill program planned for 2026 [1][4]. Drill Results - Drill hole FZ-25-002 revealed a significant interval of near-surface gold-silver mineralization: 46.0 meters of 1.03 g/t gold and 44.9 g/t silver from 38.0 meters downhole, including high-grade sections of 6.0 meters at 5.30 g/t gold and 157.9 g/t silver [2][3]. - Additional high-grade intercepts were noted, such as 784 g/t silver with 6.79 g/t gold over 1.0 meter at 65.0 meters downhole, confirming the high-grade potential of the Finn Zone [3][13]. Future Exploration Plans - A significant drill program for 2026 is underway, focusing on the Creek to Finn Corridor, with results expected to contribute to an inaugural mineral resource estimate by Q2 2027 [4][12]. - The 2026 program will exceed the cumulative drilling completed in 2024 and 2025, which totaled 9,400 meters, and will build on the 36,000 meters of historical drilling prior to 2024 [4][12]. Geological Context - The Finn Zone is characterized by a broad zone of near-surface, epithermal-related gold-silver mineralization, primarily hosted in a volcaniclastic unit, which has been extensively drilled historically [9][10]. - The geology of the Finn Zone includes strongly altered polymictic breccias, indicating a complex mineralization environment that warrants further exploration [10][11]. Financial Position - The company has secured funding for its 2026 drill program through an oversubscribed private placement of $11.5 million, ensuring financial support for its exploration activities [4][12].
13 Best Russell 2000 Stocks to Buy Right Now
Insider Monkey· 2026-01-22 10:54
Core Insights - Royce Investment Partners anticipates a rebound for small-cap quality and value stocks in 2026, moving away from speculative stocks linked to AI that have dominated the market since April 2025 [2][4] - The firm emphasizes that strong companies with solid balance sheets and attractive valuations will attract investor interest, particularly in the consumer staples, packaging, business services, and insurance sectors [3][4] - Small-cap stocks are expected to outperform larger counterparts in 2026, marking a significant shift in market dynamics [4] Company Highlights - **Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)**: - Analysts from Goldman Sachs and Stifel Nicolaus have reiterated a Buy rating, raising the price target from $93 to $125 and from $112 to $134 respectively [8][9] - The aerospace and defense sector is projected to remain strong in 2026 due to supply-demand dynamics, with KTOS benefiting from order momentum in Valkyrie drones and advancements in hypersonic testing [10][11] - **Coeur Mining, Inc. (NYSE:CDE)**: - The company has received a Buy rating from Raymond James, with the price target increased from $21 to $24.5, and from Roth MKM, with the target raised from $20 to $23 [12][13] - The updated outlook for gold and silver prices in 2026 reflects significant increases, with gold projected at $4,125 and silver at $56.25, influenced by macroeconomic factors [13] - Coeur Mining is expected to report fiscal Q4 2025 results on February 18, with anticipated revenue of approximately $668.7 million and a GAAP EPS of $0.48 [14]
Thesis Gold Intersects 38.00 Metres of 3.62 g/t Au at Steve Zone, Ranch Project
Prnewswire· 2026-01-21 12:04
Core Insights - The article highlights the confirmation of high-grade gold (Au) within a broad mineralized envelope at the Steve Zone, validating geological interpretations and demonstrating continuity from previous drilling [1][2][3] - The results indicate significant potential for future growth through continued exploration, as the Steve Zone is not currently included in the Ranch Mineral Resource or Prefeasibility Study (PFS) [2][11] Geological Setting - High-grade Au is associated with silica-barite veining and brecciation within a broader Au-bearing system altered by silica and dickite [2][4] - The exploration results underscore the strength of the exploration thesis at Ranch, confirming the scale and upside potential of the mineralized system [2][11] Drilling Results - Drillhole 25STVDD005 intersected 77.00 meters of 1.86 grams per tonne (g/t) Au, including intervals of 3.62 g/t Au over 38.00 meters and 15.47 g/t Au over 3.00 meters [5][7] - Drillhole 25STVDD004 intersected 46.00 meters of 0.23 g/t Au, with a notable silver (Ag) intersection of 2.00 meters at 75.06 g/t Ag [5][7] - The confirmation of mineralization from surface to depths greater than 500 meters supports the interpretation of a vertically extensive epithermal system [5][6] Mineralization Characteristics - The barite-associated gold mineralization at Steve shows similarities with other zones at Ranch, indicating a vertically and laterally extensive epithermal system [4][6] - Shallow drilling also revealed silver-enriched mineralization within an oxidized zone, indicating vertical metal zonation [6][11] Future Exploration Plans - The 2025 drill program at the Steve Zone, consisting of five drill holes, aims to define the continuity of mineralization and the relationship between localized high-grade gold and broader mineralized envelopes [2][11] - The company plans to advance toward feasibility-level studies, with a focus on the potential for Steve to contribute to future mineral resource growth [11]
Hycroft Mining (HYMC) Soars to 5-Year High on Gold, Silver Rush
Yahoo Finance· 2026-01-21 07:30
We recently published 10 Stocks Breaking Records While Wall Street Bleeds. Hycroft Mining Holding Corp. (NASDAQ:HYMC) was one of the top performers on Tuesday. Hycroft Mining soared to a new five-year peak on Tuesday, as investors gobbled up shares in mining companies after gold and silver soared to all-time highs. Photo from Hycroft Mining website At intra-day trading, Hycroft Mining Holding Corp. (NASDAQ:HYMC) surged to its highest price of $43 before trimming gains to end the session just up by 23.5 ...
Tocvan Provides Gran Pilar Gold-Silver Project Update Advancing Pilot Mine Development and Drilling on South Block
Accessnewswire· 2026-01-21 07:05
Core Insights - Tocvan Ventures Corp. has made significant progress in preparations for the pilot mine at the Gran Pilar Gold-Silver Project [1] - The company is gearing up for an expanded drilling campaign alongside the pilot mining operations [1] Company Developments - The site for pilot mining operations is actively being prepared by the company [1] - Upcoming drilling phase is part of the company's strategy to enhance exploration and development at the Gran Pilar project [1]
Equinox (EQX) Touches All-Time High as Gold, Silver Soar
Yahoo Finance· 2026-01-21 05:17
Core Insights - Equinox Gold Corp (NYSEAmerican:EQX) reached an all-time high, benefiting from a broader rally in mining stocks amid a surge in gold and silver prices [1][2] Group 1: Market Performance - Spot prices for gold hit $4,700 and silver reached $95, contributing to Equinox Gold's peak intra-day price of $15.66, closing up 9.83% at $15.64 [2] - The rally in precious metals was influenced by geopolitical tensions, particularly President Trump's tariff threats against European countries [3] Group 2: Production Results - Equinox Gold reported record production of 922,827 ounces for the full year 2025, exceeding its guidance of 50,000 to 915,000 ounces [4] - For Q4 2025, the company produced 247,024 ounces, primarily from its Greenstone mine [4] Group 3: Future Projections - The company anticipates a decrease in production for 2026, projecting consolidated gold production between 700,000 and 800,000 ounces [5] - Financial and operational highlights for the previous year are set to be released after market close on February 18, 2026 [5]
Palamina Grants Options
TMX Newsfile· 2026-01-21 02:11
Core Viewpoint - Palamina Corp. has granted 4,025,000 incentive stock options to its officers, directors, advisors, and consultants, with an exercise price of $0.16 per common share, indicating a strategic move to incentivize key personnel [1]. Group 1: Company Overview - Palamina is an exploration company focused on gold projects in the Puno Orogenic Gold Belt in southeastern Peru, as well as high-grade silver-copper assets in southeastern and northeastern Peru [2]. - The company trades on the TSX Venture Exchange under the symbol PA and on the OTCQB under the symbol PLMNF [2]. Group 2: Stock Options Details - The stock options granted to officers, directors, and advisors will expire on January 20, 2031, while those granted to consultants will expire on January 20, 2029 [1].
Gold Resource Corporation Announces Strong Preliminary Year-End Results, Highlighting Operational Turnaround
Businesswire· 2026-01-20 22:46
Core Insights - Gold Resource Corporation reported significant improvements in fourth quarter production results, with the Don David Gold Mine contributing 45% of the full-year production for 2025 [1] - The company achieved a year-end balance sheet of $25 million with no debt, indicating a strong financial position [1] - The production profile has shifted towards silver, which now accounts for approximately 80% of revenue, with record sales of 663,503 ounces of silver [1][2] Production and Sales Performance - In Q4 2025, the company produced and sold 1,785 ounces of gold and 663,503 ounces of silver, compared to 960 ounces of gold and 184,804 ounces of silver in Q4 2024 [3] - The average sale price for silver was $55 per ounce and for gold was $4,234 per ounce, reflecting significant increases from previous periods [2][3] - For the full year ending December 31, 2025, the company sold a total of 23,125 gold equivalent ounces [1][3] Operational Efficiency - The company milled 85,888 tonnes in Q4 2025, an increase from 80,367 tonnes in Q3 2024 [4] - The average gold grade improved to 0.96 g/t in Q4 2025, while the average silver grade reached 298 g/t, indicating enhanced ore quality [5] - The operational turnaround is attributed to increased ore production from the new Three Sisters area, which is expected to contribute 40% of production in 2026 [2] Future Outlook - The company anticipates continued leverage to silver prices, with operational plans and new equipment expected to drive further improvements [2] - The focus remains on unlocking the potential of existing infrastructure and land surrounding the Don David Gold Mine in Oaxaca, Mexico, as well as developing the Back Forty Project in Michigan, USA [7]
Stocks Plunge on Greenland Crisis and Soaring Bond Yields
Yahoo Finance· 2026-01-20 21:36
Economic Indicators - December pending home sales are expected to decline by -0.5% month-over-month [1] - Initial weekly unemployment claims are projected to increase by +12,000 to 210,000 [1] - Q3 GDP is anticipated to remain unchanged at +4.3% quarter-over-quarter annualized [1] - November personal spending is expected to rise by +0.5% month-over-month, while personal income is projected to increase by +0.4% month-over-month [1] - The November core PCE price index is expected to rise by +0.2% month-over-month and +2.8% year-over-year [1] - January S&P US manufacturing PMI is expected to increase by +0.2 to 52.0 [1] - The final University of Michigan January US consumer sentiment index is expected to remain unchanged at 54.0 [1] Stock Market Movements - US natural gas-producing stocks surged as natural gas prices increased by more than +26% to a three-week high [2][16] - Gold and silver mining stocks experienced significant gains due to safe-haven buying, with prices reaching all-time highs [2][15] - Stock indexes fell sharply, with the S&P 500 down -2.06%, Dow Jones down -1.76%, and Nasdaq 100 down -2.12% [4] - The Magnificent Seven technology stocks saw declines, with Nvidia and Tesla down more than -4% [13] - Defensive beverage makers rose amid the broader market decline, with Monster Beverage and Constellation Brands both up more than +4% [17] Earnings Reports - Q4 earnings season has begun positively, with 88% of the 33 S&P 500 companies that reported beating expectations [5] - S&P earnings growth is expected to increase by +8.4% in Q4, while excluding the Magnificent Seven, growth is expected at +4.6% [5] Bond Market - Rising bond yields impacted stocks, with the 10-year T-note yield reaching a 4.75-month high of 4.31% [3][8] - The 10-year Japanese government bond yield rose to a 27-year high of 2.359% due to fiscal concerns [3][9] - The markets are currently discounting a 5% chance of a -25 basis point rate cut at the next FOMC meeting [6] International Markets - Overseas stock markets closed lower, with the Euro Stoxx 50 down -0.57% and China's Shanghai Composite down -0.01% [7]