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Prospector Signs Letter of Intent with BeMetals for Option on Savant Gold Project, NW Ontario
Newsfile· 2025-07-10 11:00
Prospector Signs Letter of Intent with BeMetals for Option on Savant Gold Project, NW OntarioJuly 10, 2025 7:00 AM EDT | Source: Prospector Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - July 10, 2025) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) ("Prospector" or the "Company")  is pleased to announce it has entered into a non-binding Letter of Intent ("LOI") with BeMetals (TSXV: BMET) (OTCQB: BMTLF) (FSE: 1OI.F) ("BeMetals" or the "Vendor") to option up to a 100 ...
West Point Gold Reports Positive Preliminary Metallurgical Results from the Gold Chain Project, Arizona
Newsfile· 2025-07-10 11:00
Vancouver, British Columbia--(Newsfile Corp. - July 10, 2025) - West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") is pleased to announce it has completed preliminary metallurgical testing from the Tyro target, at its Gold Chain Project in Arizona. The initial bottle roll tests returned gold recoveries up to 86%. Additionally, the Company is providing an update on its Jefferson North Project and is announcing a new marketing agreement."The initial metallurgica ...
Rocky Shore Identifies Potential Extension at the Lane Pond Gold Target within the Gold Anchor Project
Globenewswire· 2025-07-10 11:00
TORONTO, July 10, 2025 (GLOBE NEWSWIRE) -- Rocky Shore Gold Ltd. (“Rocky Shore” or the “Company”) (CSE: RSG) is pleased to announce that compilation of a recently flown VTEM geophysical survey has identified a potential extension of the Lane Pond Gold Target within the Company’s 100%-owned Gold Anchor Project. The Lane Pond Gold Target now extends to over 11 kilometres in length. It is associated with significant surface, float and till gold values and is strategically located along the prolific, gold-beari ...
Kiniero Grade Control Drilling Continues To Return High-Grade Gold Results
Globenewswire· 2025-07-10 10:54
Core Viewpoint - Robex Resources Inc is progressing towards its first gold production at the Kiniero Gold Project in Guinea, with positive results from the Mansounia grade control drilling program indicating strong gold grades and mineral continuity [1][3][4]. Group 1: Drilling Results - Significant intercepts from the grade control drilling include: - 19m at 2.10g/t Au from 23m in hole MGC25-10036 - 18m at 2.49g/t Au from 14m in hole MGC25-10213 - 11m at 3.35g/t Au from 11m in hole MGC25-10464 - 7m at 9.24g/t Au from 4m in hole MGC25-20165 - 11m at 3.03g/t Au from 35m in hole MGC25-10102 [3][4][5]. - The ongoing drilling program has completed 61,700 meters, with further assays expected [6][7]. Group 2: Project Development - The pre-production grade control drilling program at Mansounia is designed to infill resource estimation drilling ahead of mining, with a total of 1,605 inclined drill holes planned for 66,000m [4][5]. - The drilling targets areas within the proposed open pit design, focusing on zones identified for early-stage mining [5][6]. Group 3: Financial Developments - On July 9, 2025, Robex secured an amendment to its US$130 million Facility Agreement with Sprott, releasing US$25 million from the Cash Sweep Account to fund construction of the Kiniero project [6][19]. - This financial development is viewed positively for the company's operations in Guinea [6][19].
New Found Gold Expands and Confirms Continuity of High-Grade Gold Mineralization at the Keats West Zone
Prnewswire· 2025-07-09 21:30
Core Insights - New Found Gold Corp. announced the first drill results from its 2025 Work Program at the Queensway Gold Project, confirming high-grade gold mineralization at the Keats West zone and indicating potential for in-pit and near-pit expansion [2][3][12] Drilling Results - The drilling program included 2,691 meters across 22 diamond drill holes, focusing on infill drilling at Keats West to enhance resource classification and confidence in high-grade domains [3][5] - Significant intercepts included 55.0 g/t Au over 35.05 m, 20.7 g/t Au over 18.05 m, and 15.4 g/t Au over 16.70 m, confirming continuity of high-grade gold mineralization [5][6][14] - The mineralization at Keats West starts at surface and extends to a vertical depth of 150 meters, indicating a shallowly positioned gold system [14] Future Plans - The company plans to continue infill drilling in H2/25, targeting lower-grade material and expanding drilling in new mineralization areas within the open pit [9][11] - Excavation of the Lotto Zone is underway to enhance geological model certainty and assess grade continuity, followed by detailed mapping and additional drilling [11][12] Project Development - An initial Mineral Resource Estimate (MRE) was released in March 2025, with a preliminary economic assessment (PEA) ongoing, expected to be completed by early Q3/25 [12][33] - The Queensway project covers a 175,450-hectare area with significant potential for new discoveries along known gold zones [34]
First of Two Drill Rigs Arrives at the Mercur Gold Project
Globenewswire· 2025-07-09 21:00
Core Insights - Revival Gold Inc. has commenced its 2025 drilling program at the Mercur Gold Project in Utah, which includes 3,000 meters of core drilling and 10,000 meters of RC drilling aimed at upgrading and potentially expanding the Project's Mineral Resources [2][4] - The first core drilling rig has arrived on site, with plans to complete drilling over the next three to four months, focusing on gold and multi-element geochemistry analysis [3] - A second RC drill rig is expected to arrive later this month, with plans for 60-75 drill holes to support a Preliminary Feasibility Study in 2026 [4] Drilling Program Details - The core drilling will collect samples for metallurgical testing and geotechnical property analysis, with the goal of augmenting existing metallurgical test data [3] - The RC drilling will target historical waste rock fill material, which may contain recoverable gold, contrary to its current classification as waste in the Preliminary Economic Assessment [4] - Recent drilling data has indicated potential gold values in previously assumed waste rock, highlighting it as a potential value catalyst for the Mercur Project [4] Company Outlook - The President & CEO of Revival Gold anticipates a productive field season in 2025, with two drilling rigs secured for Mercur and a third planned for the Beartrack-Arnett project later this year [5] - The company has extended its marketing services agreement with Resource Stock Digest, committing to pay US$100,000 per quarter for marketing and advertising services [6] - Revival Gold is advancing the development of the Mercur Gold Project and preparing for mine permitting at the Beartrack-Arnett Gold Project in Idaho [8]
Northern Star Resources: The 'Agnico' Of The ASX On The Sale Rack
Seeking Alpha· 2025-07-09 19:50
Group 1 - The article emphasizes the importance of identifying undervalued miners with upcoming catalysts to enhance portfolio performance [1] - Subscribers to the research service gain access to current portfolios and real-time buy/sell alerts [1] Group 2 - The article does not provide specific financial data or performance metrics related to the miners discussed [2][3]
Gold Stock May Have Antoher Shot at Record Highs
Schaeffers Investment Research· 2025-07-09 18:40
Core Viewpoint - Agnico Eagle Mines Ltd (NYSE:AEM) is experiencing a 1.3% increase in stock price, currently at $117.65, despite a stronger U.S. dollar and tariff threats from President Trump, indicating investor confidence in the stock [1] Group 1: Stock Performance - AEM has a year-to-date gain of 50.3% and is receiving support around the $115 level after a previous unsuccessful attempt to reach its record high of $126.73 [1] - The stock is currently within one standard deviation of its 80-day moving average, having been above this trendline in at least eight of the last ten trading days, and spent 80% of the past two months above it [2] Group 2: Historical Signals - In the last five years, similar conditions have led to a 64% success rate for the stock being higher one month later, with an average gain of 4.7% [2] Group 3: Options Market - The Schaeffer's Volatility Index (SVI) for AEM is at 34%, which is in the 13th percentile of its annual range, suggesting that options traders are anticipating low volatility for the stock [3]
EGO vs. AGI: Which Stock Is the Better Value Option?
ZACKS· 2025-07-09 16:40
Core Viewpoint - Eldorado Gold Corporation (EGO) and Alamos Gold (AGI) are both considered strong options for investors seeking undervalued stocks in the Mining - Gold sector, with EGO currently appearing as the superior value option based on various valuation metrics [1][7]. Valuation Metrics - EGO has a forward P/E ratio of 11.48, while AGI has a forward P/E of 18.23, indicating that EGO is more attractively priced relative to its earnings [5]. - EGO's PEG ratio is 0.34, compared to AGI's PEG ratio of 0.53, suggesting that EGO offers better value when considering expected earnings growth [5]. - EGO's P/B ratio stands at 1.02, while AGI's P/B ratio is significantly higher at 3.05, further supporting EGO's position as the more undervalued stock [6]. Earnings Outlook - Both EGO and AGI hold a Zacks Rank of 1 (Strong Buy), indicating a positive earnings outlook driven by favorable analyst estimate revisions [3].
1.46 Million Ounces of Gold Outlined on Globex’s Duquesne West Property by Emperor Metals
Globenewswire· 2025-07-09 15:05
ROUYN-NORANDA, Quebec, July 09, 2025 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that Emperor Metals Inc. have published a new Mineral Resource Estimate on the Duquesne West Property in Duparquet Township, Quebec, a property 50% owned by Globex and unde ...