Company Overview - Osisko Development Corp. is a North American gold development company focused on past-producing mining camps in mining-friendly jurisdictions with district-scale potential [5] - The company's objective is to become an intermediate gold producer by advancing its flagship Cariboo Gold Project in central British Columbia, Canada [5] - The project pipeline includes the Tintic Project in Utah, U.S.A., and the San Antonio Gold Project in Sonora, Mexico, both of which have significant exploration potential and access to existing infrastructure [5] Appointment of New Director - Ms. Susan Craig has been appointed as an independent director to the board of Osisko Development effective immediately [1] - Her experience includes over 35 years in the mining industry, focusing on regulatory, environmental, social, Indigenous, and community relations [2][4] - Craig's leadership in navigating high-profile projects through regulatory frameworks aligns with the company's values and strategic direction [2] Experience and Contributions - Ms. Craig has played a pivotal role in advancing projects through complex environmental assessment processes, including the 2004 EA process for NovaGold's Galore Creek project [3] - She has established landmark agreements with Indigenous nations and has been involved in socio-economic accords in Canada [3] - Craig has held senior leadership roles and has served on various boards, including the Yukon Energy Corporation and the Mining Association of BC [4] Recognition and Awards - Ms. Craig has received multiple industry awards for her leadership in sustainable development, including the 2017 Canadian Women in Mining Trailblazer Award [4] - She is recognized as a longstanding advocate for responsible mining practices [4]

Core Viewpoint - Perpetua Resources Corp. has successfully closed a US$325 million public offering and a US$100 million private placement to fund the development of its Stibnite Gold Project, aiming for comprehensive financing to support construction and operational costs [1][3][4]. Financing Details - The public offering consisted of 24,622,000 common shares priced at US$13.20 each, while the private placement involved 7,575,757 common shares sold to Paulson & Co. Inc. [1][9] - The proceeds from both offerings will be used for equity requirements related to a US$2 billion project financing application submitted to the Export-Import Bank of the United States (EXIM) [3][4]. Project Development - The Stibnite Gold Project is projected to require total construction costs of US$2.2 billion, with additional funds allocated for cost overruns, debt service, and exploration activities [4]. - The company is in advanced discussions for a US$155 million guarantee related to reclamation bonds, which is essential for meeting financial assurance requirements [5]. Regulatory and Permitting Status - The company anticipates that securing the necessary financial assurance will enable it to receive the USFS notice to proceed with construction under the approved plan of operation [5]. - The remaining state permits required for construction are expected to be issued in summer 2025 [5]. Underwriters and Additional Offerings - The underwriters have an option to purchase an additional 3,693,300 common shares, which could increase the total gross proceeds of the offering to approximately US$374 million if fully exercised [6]. Company Background - Perpetua Resources focuses on the exploration and redevelopment of gold-antimony-silver deposits in Idaho, with the Stibnite Gold Project being one of the highest-grade open-pit gold deposits in the U.S. [10]. - The project aims to restore an abandoned mine site while producing gold and the only mined source of antimony in the U.S., which is critical for national defense [10].

Key Takeaways BTG reached a 52-week high of $3.83, driven by rising gold prices and strong Q1 financial results. Q1 EPS rose 50% year over year, and revenue grew to $532M on better-than-expected gold production. BTG expects 2025 output higher than 2024, aided by the Fekola expansion and the Goose Project launch.B2Gold Corp. (BTG) scaled a new 52-week high of $3.83 on Friday before ending the session lower at $3.77. The increase was fueled by rising gold prices.B2Gold currently has a market capitalization ...

TORONTO, June 16, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:B)(TSX:ABX) confirms that the International Centre for Settlement of Investment Disputes (ICSID) arbitration process — initiated under the binding Mining Conventions between Barrick subsidiaries and the State of Mali — is fully underway. The arbitration tribunal has been constituted, and Barrick has submitted a request for provisional measures to prevent further escalation and to safeguard its rights under binding Mining Conventions ...

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Core Viewpoint - Westhaven Gold Corp. has announced a non-brokered private placement to raise gross proceeds of $3,160,000 through the sale of units and flow-through units, aimed at advancing its exploration projects in British Columbia, particularly the Shovelnose gold project [1][3]. Group 1: Private Placement Details - The offering includes 8,333,333 units priced at $0.12 each and 12,500,000 flow-through units priced at $0.1728 each [1]. - The total gross proceeds from the offering are expected to be $3,160,000 [1]. - The private placement is anticipated to close around July 3, 2025, subject to necessary approvals [5]. Group 2: Use of Proceeds - Proceeds from the sale of units will be allocated for working capital and general corporate purposes [4]. - Gross proceeds from the flow-through units will be used for Canadian exploration expenses, qualifying as "flow-through mining expenditures" [4]. - The company plans to expand its summer exploration drilling program to at least 5,000 meters, focusing on the Shovelnose gold project [3]. Group 3: Key Stakeholders - Eric Sprott and Earthlabs Inc. are expected to be the primary subscribers for the units and the end purchaser of the flow-through units [2]. - The financing is viewed as a strong endorsement of Westhaven's strategy to develop its Spences Bridge Gold Belt properties [3]. Group 4: Project Overview - The Shovelnose gold project has a recently updated Preliminary Economic Assessment indicating a potential for robust, low-cost, high-margin underground gold mining [10]. - The project is projected to have an average annual life-of-mine gold production of 56,000 ounces, with an after-tax NPV of Cdn$454 million and an IRR of 43.2% based on base case parameters [10].

NOT FOR DISTRIBUTION TO U.S NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMONTREAL, June 16, 2025 (GLOBE NEWSWIRE) -- Opus One Gold Corp (TSX-V: OOR) (the “Company” or “Opus One”) is pleased to announce that drill hole NO-25-14 from the winter drilling program on its 100% owned Noyell project near the town of Matagami, Abitibi, Québec, Canada, returned 8.96g/t Au over 5.2 m from 165 to 170.2 m. The mineralized interval represents a true width of approximately 4.2 m within the Zone 1 structure. ...

Core Insights - Southern Cross Gold Consolidated Ltd has reported significant drilling results from its Sunday Creek gold-antimony project, highlighting the effectiveness of its systematic infill drilling strategy which has reproduced high-grade zones and discovered additional mineralization. Group 1: Exceptional High-Grade Intercepts - The drill hole SDDSC162 intersected 3.9 m at 124.9 g/t AuEq (124.6 g/t Au, 0.1% Sb), marking it as the tenth best interval to date at Sunday Creek [4][9][10] - Individual assays reached up to 2,110 g/t Au, representing the seventh best gold assay recorded [4][7] - The Apollo prospect's drill hole SDDSC164 yielded a fourth sample exceeding 100 g/t Au within 180 m of the surface [4][13] Group 2: Successful Infill Strategy Delivering Results - Two infill holes successfully reproduced high-grade zones, validating the geological model and discovering additional vein sets beyond original targets [4][5] - A new 60 m zone of prospective near-surface ground was discovered adjacent to the historic Gladys Mine, which had a 104 m strike length [4][6] Group 3: High-Grade Antimony Confirmed - High-grade antimony-gold combinations were confirmed, including 87.1 g/t Au with 21.6% Sb and 62.3 g/t Au with 20.1% Sb [4][6][30] - The strategic importance of antimony is underscored by ongoing Chinese export restrictions, enhancing the project's value [4][30][33] Group 4: Operational Momentum - The company is advancing a drill program exceeding 200 km, with twenty holes currently being processed and eight actively drilling [8][11][18] - The systematic drilling strategy aims to expand the mineralized footprint while improving geological understanding [19][22] Group 5: Strategic Value of Sunday Creek - The Sunday Creek project is located 60 km north of Melbourne and covers 16,900 hectares, with the company also holding 1,054.51 Ha of freehold land [20][32] - The dual-metal profile of gold and antimony enhances the project's strategic value, particularly in light of China's export restrictions on antimony [33][34]

Core Insights - U.S. GoldMining Inc. is advancing exploration at the Muddy Creek area of its Whistler Gold-Copper Project in Alaska, identifying significant exploration potential across three mineral systems [1][4][19] - The company is conducting a preliminary economic assessment (PEA) alongside exploration activities, aiming to enhance its geological understanding and identify high-priority targets for future drilling [1][4] Exploration Targets - The Muddy Creek mineral system covers an area of approximately 6 km x 4 km, characterized by a strong gold geochemical signature related to intrusive processes [6][10] - Historic exploration has revealed promising results, including 73 rock samples with grades exceeding 1 gram per tonne (g/t) gold, with peak values reaching 111.50 g/t Au [6][12] - Soil sampling has also indicated significant gold presence, with 104 samples returning values greater than 0.10 g/t Au, and peak values of 5.29 g/t Au in the central Muddy Creek zone [6][10] Historical Context - Previous exploration efforts included reconnaissance sampling and a small drilling program, which confirmed low-grade gold mineralization at the margins of the Muddy Creek system [6][11] - The highest-grade areas of the Muddy Creek system have yet to be drilled, indicating potential for discovering higher-grade mineralization in future exploration [12][13] Future Plans - The company is planning phased exploration programs to systematically test the highest-ranking targets, including Muddy Creek, with potential drilling commencing in the summer field season [4][13] - Detailed geological mapping and additional surface geochemical sampling are required to further define the geometry of the intrusive phases and identify areas with the highest mineralization potential [10][12]

Core Viewpoint - Augusta Gold Corp. has received a Letter of Interest from the Export-Import Bank of the United States for up to US$50 million in financing to support the development of its Reward Project in Nevada, highlighting the project's significance for domestic mineral production and economic development [1][3]. Financing Details - The non-binding Letter of Interest outlines EXIM's preliminary interest in providing a competitively priced loan with a potential 10-year repayment term, including an interest-only period [2]. - The financing is intended to cover over 50% of the project construction cost, indicating strong support for the Reward Project [3]. Project Overview - The Reward Project is a fully permitted, construction-ready gold project located in Nye County, Nevada, expected to create high-quality jobs and contribute to the U.S. supply chain of critical minerals [3]. - The project aligns with EXIM's policy goals of job creation and export nexus, with potential backing from state and local governments [2]. Future Collaboration - Augusta Gold aims to work closely with EXIM to finalize terms and bring the Reward Project into production, indicating a commitment to advancing the project [4].