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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]
Gold Royalty (GROY) Moves to Strong Buy: Rationale Behind the Upgrade
ZACKS· 2025-11-03 10:20
Core Viewpoint - Gold Royalty Corp. (GROY) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Ratings - The Zacks rating system is based on the Zacks Consensus Estimate, which reflects EPS estimates from sell-side analysts for the current and following years [2]. - Changes in earnings estimates are crucial for near-term stock price movements, making the Zacks rating system beneficial for investors [3][5]. Impact of Institutional Investors - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to significant price movements based on their buying or selling actions [5]. Business Outlook for Gold Royalty - The upgrade in rating for Gold Royalty suggests an improvement in the company's underlying business, which could lead to an increase in stock price as investors respond positively [6]. Importance of Earnings Estimate Revisions - Empirical research shows a strong correlation between earnings estimate revisions and stock movements, highlighting the importance of tracking these revisions for investment decisions [7]. Zacks Rank System Performance - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. Specifics on Gold Royalty's Earnings Estimates - For the fiscal year ending December 2025, Gold Royalty is expected to earn -$0.01 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 20% over the past three months [9]. Overall Market Position - The upgrade to Zacks Rank 1 places Gold Royalty in the top 5% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [11].
Tudor Gold Completes 2025 Exploration Program at Treaty Creek
Newsfile· 2025-11-03 10:00
Core Insights - Tudor Gold Corp. has completed its 2025 exploration program at the Treaty Creek Project, which is 80% owned by the company, located in Northwestern British Columbia's Golden Triangle [1][4] Drilling Highlights - The final drillhole GS-25-191-W1 confirmed continuity between high-grade mineralization in the 300 Horizon Zone and the 300 North Zone, with significant mineralized intercepts reported [2][3] - Notable results from GS-25-191-W1 include: - 4.12 g/t gold, 16.48 g/t silver, and 0.01% copper over 8.90m - 1.63 g/t gold, 4.89 g/t silver, and 0.02% copper over 10.70m - 1.88 g/t gold, 1.71 g/t silver, and 0.01% copper over 5.90m - 1.76 g/t gold, 1.74 g/t silver, and 0.01% copper over 6.80m [3][7] 2025 Exploration Program Overview - The program aimed to fill gaps between the 300N and 300H Zones and to explore potential high-grade SC-1 Zone-like structures, confirming and expanding high-grade corridors [4][5] - The ongoing reinterpretation of historical data is expected to identify further high-grade structural zones, which will be included in an upcoming Mineral Resource estimate [5] Future Plans - An updated Mineral Resource estimate is in preparation, incorporating approximately 15,000 meters of drill data from 2024 and 2025, with a target completion in Q4 2025 [6] - The updated model will utilize smaller 5mx5mx5m blocks for better resolution of high-grade gold mineralization [6] - Plans for underground ramp development to access the SC-1 Zone are contingent on permit approvals, with excavation expected to commence in Q3 2026 [8] Resource Overview - The Goldstorm Deposit at Treaty Creek has an Indicated Mineral Resource of 21.66 million ounces of gold at a grade of 0.92 g/t, along with significant copper and silver resources [19] - The Inferred Mineral Resource is 4.88 million ounces of gold at a grade of 1.01 g/t, indicating the potential for further exploration and resource expansion [19]
Tomingley Drilling Discovers New Mineralisation at McLeans
Globenewswire· 2025-11-02 23:38
Core Insights - Alkane Resources Limited has reported significant drilling results from its Tomingley Gold Operations, indicating potential resource expansion and high-grade gold intercepts [6][7][12] Drilling Results - The McLeans Inferred Resource has shown promising results with notable intercepts such as: - MCLUG013D: 26 metres grading 4.36 g/t Au from 112 metres, including 3.3 metres grading 22.8 g/t Au [13] - MCLUG012D: 10.7 metres grading 2.09 g/t Au from 105 metres [13] - MCLUG011D: 8 metres grading 2.33 g/t Au from 113 metres, including 0.8 metres grading 14.4 g/t Au [13] - Additional significant intercepts from the Eastern Andesite include: - MCLUG010D: 0.5 metres grading 38.9 g/t Au from 332.5 metres [14] - MCLUG007D: 8 metres grading 2.67 g/t Au from 293.2 metres, including 3.1 metres grading 4.52 g/t Au [14] Resource Estimation - The Inferred Resource at McLeans is estimated at 0.87 million tonnes grading 2.51 g/t gold for 70,000 ounces [12] - The drilling program has improved the confidence in the resource estimation by reducing the drilling pattern from 80m x 80m to 40m x 60m [14] Roswell Drilling Program - An intensive underground diamond core drilling program at the Western Monzodiorite domain at Roswell has confirmed multiple high-grade gold intercepts, including: - ROSGT001D: 9.3 metres grading 3.88 g/t Au from 157.9 metres, including 1.1 metres grading 10.5 g/t Au [18] - ROSUG440D: 6.5 metres grading 8.03 g/t Au from 166.5 metres, including 0.9 metres grading 37.3 g/t Au [19] Future Exploration Plans - Further drilling is planned to test both the Eastern and Western Andesite hosts at McLeans and to include the discovered Western Andesite into the resource estimation [15] - Surface exploration drilling is set to commence in November 2025 to explore additional underground potential [20]
LaFleur Minerals Closes $1.66 Million Flow-Through Offering to Advance Drilling and PEA-Related Work at its Swanson Gold Deposit
Newsfile· 2025-10-31 23:46
Core Viewpoint - LaFleur Minerals Inc. has successfully closed a non-brokered flow-through private placement, raising gross proceeds of $1.66 million to fund exploration and drilling activities at its Swanson Gold Deposit [1][4]. Financial Summary - The private placement generated aggregate gross proceeds of $1,663,370 through the issuance of 2,410,682 flow-through units at a price of $0.69 per unit [1]. - Each flow-through unit consists of one common share and one share purchase warrant, with the warrants exercisable at $0.75 for a period of 24 months [2][3]. Use of Proceeds - Proceeds from the flow-through units will be allocated to exploration and drilling programs at the Swanson Gold Project, including ore-sorting and metallurgical testwork [4]. - The company aims to support mineral resource estimates and assess the economic viability of the Swanson Gold Deposit [4]. Project Development - LaFleur Minerals is collaborating with ERM to complete a Preliminary Economic Assessment (PEA) for the potential restart of gold production at its Beacon Gold Mill, which will process material from the Swanson Gold Deposit [5]. - The Swanson Gold Project spans approximately 18,304 hectares and includes several gold-rich prospects [10]. Regulatory and Tax Considerations - The securities issued under the offering are subject to a hold period of four months plus one day from the date of issue [2]. - The company will renounce qualifying expenditures related to the flow-through shares, which will be effective no later than December 31, 2025 [5][7].
Sixty North Gold Increases Size of Non-Brokered Unit Offering
Newsfile· 2025-10-31 21:00
Core Viewpoint - Sixty North Gold Mining Ltd. is increasing its non-brokered unit financing to up to $1,650,000, offering 15,000,000 units at $0.11 per unit to fund exploration and development of the Mon Gold Property and general working capital [1][2]. Company Overview - Sixty North Gold is focused on developing gold mining operations at its 100% owned Mon Gold Project, which previously extracted 15,000 tonnes of ore, recovering approximately 15,000 ounces of gold in the 1990s [3]. - The North Ramp has been reopened and extended to target portions of the vein, with plans to develop stopes in the East Limb, West Limb, and DD Zone to support a 100 tonnes per day gravity-flotation mill [3]. Exploration Potential - The Mon Gold Property has additional targets for gold, silver, and base metals that will be explored and developed as necessary [4]. - The Yellowknife gold camp, where the Mon Gold Project is located, has a history of high-grade gold production, with two mines averaging 30 grams per tonne (gpt) and two others averaging 15 gpt, contributing to over 14 million ounces of gold produced [4].
Batero Gold Provides Update on Unsecured Related Party Loan
Newsfile· 2025-10-31 19:52
Core Viewpoint - Batero Gold Corp. has entered into an unsecured loan agreement with Antioquia Gold Ltd. for the Batero-Quinchia Gold Project, with an increase in loan value and extension of the loan term announced in 2024 [1][3]. Loan Agreement Details - The Original Loan Agreement was for COP$2,400,000,000 (approximately CAD$720,000) with a term of 15 months, starting from the first disbursement on October 20, 2022, and an interest rate of IBR1 + 7.5% per annum (16.75% per annum) [2]. - The Amended Loan Agreement increased the total loan value to COP$4,800,000,000 (CAD$1,627,200) and extended the term until December 20, 2025 [3]. - As of the current date, the total principal advanced under the loan is CAD$1,406,656, with total interest owed amounting to CAD$354,714 [3]. Use of Funds - Disbursements from the loan have been utilized for general working capital, corporate overhead, and to support operational requirements in Colombia [3]. Related Party Transactions - Minera and Antioquia are considered related parties due to a common controlling shareholder, making the loan agreements related party transactions under MI 61-101 [5]. - The company is exempt from formal valuation requirements under MI 61-101 as its shares are listed on the TSXV, and it relied on exemptions from minority shareholder approval requirements for both the Original and Amended Loan Agreements [6]. Company Overview - Batero Gold Corp. is focused on precious and base metals exploration, with the objective of developing the La Cumbre Gold Project located within the Batero-Quinchia Gold Project in Colombia's Mid Cauca gold and copper belt [7].