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AGNICO EAGLE ANNOUNCES AGREEMENT WITH GOLDSKY RESOURCES CORP. RELATING TO THE BARSELE PROJECT
Prnewswire· 2026-01-28 12:51
Stock Symbol:                                                     AEM (NYSE and TSX) TORONTO, Jan. 28, 2026 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle") announced today that Agnico Sweden AB ("Agnico Sweden"), a wholly-owned subsidiary of Agnico Eagle, and Goldsky Resources Corp. ("Goldsky") have entered into a share purchase agreement (the "Agreement"), pursuant to which Goldsky agreed to purchase the 55% of Gunnarn Mining AB that it did not already own from Agnico Swe ...
Sylla Gold Announces Non-Brokered Private Placement of Units for up to $2,300,000
TMX Newsfile· 2026-01-28 12:30
Core Viewpoint - Sylla Gold Corp. plans to raise up to $2,300,000 through a non-brokered private placement, issuing up to 46,000,000 units at a price of $0.05 per unit, aimed at advancing its Niaouleni Gold Project and for general corporate purposes [1][3]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one warrant, allowing the purchase of an additional common share at $0.05 for two years [2]. - The net proceeds will support the renewal of the flagship Deguefarakole licence and facilitate option agreements on three additional licences within the Niaouleni land package [3]. Group 2: Financial Arrangements - The company may pay eligible finders a cash commission of 7% of the gross proceeds and issue finder's warrants equal to 7% of the units sold [4]. - Closing of the offering is contingent upon receiving necessary corporate and regulatory approvals, including from the TSXV [5]. Group 3: Regulatory Compliance - All securities issued will be subject to a hold period of four months plus a day from the issuance date, adhering to applicable securities legislation [5].
Kenorland and Auranova Identify New Gold-Bearing Structural Corridor at the South Uchi Project, Ontario
TMX Newsfile· 2026-01-28 12:30
Core Viewpoint - Kenorland Minerals Ltd. and Auranova Resources Inc. announced complete assay results from the 2025 fall diamond drill program at the South Uchi Project, successfully expanding the Papaonga gold target and identifying a new mineralised structural corridor beneath glacial cover [1][4][5] Drill Program Highlights - The 2025 fall drill program included 13 drill holes totaling 7,075 meters, confirming the continuity of high-grade mineralisation and expanding the mineralised footprint [1][5][6] - Notable results include hole 25PADD030, which returned 1.80 meters at 5.42 g/t Au, including 0.40 meters at 12.70 g/t Au [6][7][11] New Discoveries - A previously untested gold-bearing structural corridor was identified north of the Papaonga target, with a mineralised corridor approximately 200 meters wide [8][9] - The mineralisation is confirmed to extend east of the current Papaonga footprint, indicating a broader structural system than previously understood [9][10] Future Plans - A follow-up drill program of up to 3,000 meters is planned for Q1 2026, focusing on the newly identified northern structural corridor with a target of up to 8 kilometers of prospective strike length [10][15] Company Background - Kenorland Minerals is focused on project generation and early-stage exploration in North America, with a strategy to advance greenfields projects through systematic exploration [25] - The South Uchi Project was identified based on its potential to host significant gold mineralised systems, covering under-explored regions with favorable geological settings [14][25]
Advanced Gold Commences Permitting of Doyle Property for 2026 Drill Program
TMX Newsfile· 2026-01-28 12:30
Core Viewpoint - Advanced Gold Exploration Inc. is initiating a 3,000-metre diamond drilling program at its 100%-owned Doyle Property, which has become a high-priority asset due to the discovery of visible gold and high-grade surface samples during the 2024-2025 field seasons [1][3]. Exploration Strategy - The upcoming drill program aims to test the depth and strike continuity of high-grade mineralization identified in recent prospecting campaigns, focusing on newly identified NE-trending extensional structures that may host significant gold mineralization overlooked by historical exploration [2]. Exploration Success Highlights - The 2026 drill targets are supported by exceptional surface results, including the discovery of visible gold at the Doyle Property in late 2024, which fundamentally changed the understanding of the property. The company has identified a structural corridor that has never been drill-tested, representing an aggressive effort to unlock the 'Hemlo-style' potential of the Batchawana Greenstone Belt [3][6]. - High-grade assay results include 13.2 g/t Au and 9.82 g/t Au from surface grab samples, and channel sampling results of 1.23 g/t Au over 40.6 metres and 2.4 g/t Au over 16.2 metres, confirming broad zones of mineralization at surface [6]. Company Overview - Advanced Gold Exploration is a Canadian mineral exploration company focused on identifying and acquiring undervalued properties with significant historical work, aiming to enhance their economic value at current prices. The company's goal is to bring immediate and long-term value to its partners and shareholders [5].
Onyx Gold Reports 2025 Results at King Tut Property, Yukon
TMX Newsfile· 2026-01-28 12:30
Core Viewpoint - Onyx Gold Corp. has announced the complete results from its 2025 summer field program at the King Tut Property, indicating significant potential for gold discovery in Yukon's eastern Tombstone Gold Belt, particularly at the Ra target, which shows promising geological characteristics and surface grades [1][5][21]. Company Overview - Onyx Gold Corp. is a Canadian exploration company focused on gold opportunities in Timmins, Ontario, and Yukon Territory, with a strong portfolio that includes the Munro-Croesus Property and the King Tut Property [21][22][23]. - The company is well-funded and led by an experienced team committed to disciplined exploration and strategic growth [24]. Exploration Highlights - The 2025 summer field program concentrated on the Ra target, which is characterized by high-priority vein fields and extensive geological mapping, rock channel, and grab sampling [3][10]. - The Ra intrusion hosts widespread gold-bearing sheeted quartz veins within a 3 km x 2 km granitic body, with historical drilling showing intersections of 1.0 g/t Au over 21 meters and surface grab samples up to 20.1 g/t Au [7][8]. Results from the 2025 Field Program - The program defined a promising vein field approximately 1,700 m x 1,000 m in size, with gold grades related to high vein density (15 to 35 veins per meter) and elevated bismuth content [7][12]. - A 'High Priority Target Area' of 850 m x 500 m was identified, with channel samples returning grades of up to 5.0 m grading 0.7 g/t Au, including higher grades of 2.5 g/t Au and 1.8 g/t Au [12][13]. Future Plans - The company is developing its 2026 exploration plans, which will include follow-up surface sampling at the Ra target to refine and prioritize drill targets for potential drilling later in the season [20].
Auranova and Kenorland Identify New Gold-Bearing Structural Corridor at South Uchi, Ontario
TMX Newsfile· 2026-01-28 12:30
Core Insights - Auranova Resources Inc. and Kenorland Minerals Ltd. announced complete assay results from the 2025 winter diamond drill program at the South Uchi Project, which successfully expanded the Papaonga gold target and identified a new mineralised structural corridor [1][3][6] Drill Highlights - The drill program included 13 holes totaling 7,075 meters, with significant results including a highest grade intercept of 5.42 g/t over 1.80 meters, including 12.70 g/t Au over 0.40 meters [6][12] - Drill holes 25PADD031 and 032 intersected over 63 meters of anomalous gold-bearing mineralisation, indicating a large-scale gold-bearing structure [4][7] Results Discussion - The results from the South Uchi Project are compared to the Great Bear project, highlighting similar alteration zones and mineralisation patterns, suggesting a major mineralising fluid system [4][11] - The Papaonga mineralised footprint has expanded to the north and east, confirming district-scale potential for gold mineralisation [6][14] Future Plans - A follow-up drill program is planned for Q1-2026, targeting up to 8 km of prospective strike length along the newly identified northern structural corridor [15][20] - The proposed drill program will focus on delineating higher-grade shoots within the broader mineralised system [15][20] Project Background - The South Uchi Project is located in an under-explored region with significant potential for gold mineralised systems, covering volcanic rocks and deformation zones favorable for orogenic gold mineralisation [20][30] - Kenorland has entered into an agreement with Auranova, allowing Auranova to earn up to a 70% interest in the Project through cash payments and drilling expenditures [21][23]
Scottie Resources Hits Multiple High-Grade Gold Intercepts at Blueberry Contact Zone Including 34.3 g/t Gold over 3.30 Metres and 9.97 g/t Gold over 9.70 Metres
TMX Newsfile· 2026-01-28 12:30
Vancouver, British Columbia--(Newsfile Corp. - January 28, 2026) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to report new assays from its 2025 drilling of various zones within the Blueberry Contact Zone, at the Scottie Gold Mine Project ("Scottie Gold Mine" or the "Project"). The road-accessible Project is located 35 kilometres north of Stewart, BC, and is the subject of a newly released Preliminary Economic Assessment ("PEA") entitled Scottie ...
Colibri Resource Completes Phase 1 Reconnaissance Drilling at the San Perfecto / Banco de Oro Targets at the EP Gold Project, Sonora, Mexico; Initial Assays Received and Additional Sampling Underway
TMX Newsfile· 2026-01-28 12:25
Core Insights - Colibri Resource Corporation has provided an update on its gold exploration drilling and assay progress at the El Plomo Gold Project in Sonora, Mexico, indicating positive developments in their exploration efforts [1][3]. El Plomo Project - Phase 1 Reconnaissance Drilling - The Phase 1 reconnaissance reverse circulation drilling program at the El Plomo Gold Project has been completed, consisting of twenty-two drill holes totaling approximately 1,815 meters [3][4]. - The drilling program aimed to evaluate near-surface gold potential and identify geological vectors for follow-up exploration, focusing on areas with favorable structural and lithological characteristics for gold mineralization [4][8]. - Initial gold assay results have been received for some drill holes, indicating gold mineralization at shallow depths across various geological settings [6][8]. - Additional targeted sampling, referred to as "shoulder sampling," has been initiated to evaluate the continuity and geometry of gold mineralization [7][8]. - A comprehensive update on drilling and assay results will be released once the analytical dataset is complete [7]. Evelyn Project - West Sahuaro Target - Historical drilling at the West Sahuaro target on the Evelyn Project confirmed gold mineralization in all six holes tested during the initial discovery drilling program [11]. - A reconnaissance reverse circulation drill hole was completed at the West Sahuaro target, designed to test for lateral continuity and extend the depth of known mineralization [12]. Quality Assurance / Quality Control - All drill samples were collected and prepared following industry-standard quality assurance and quality control procedures, submitted to an independent accredited laboratory for analysis [13].
Jim Cramer on Agnico Eagle: “They’re the Best Miner”
Yahoo Finance· 2026-01-28 12:23
Company Overview - Agnico Eagle Mines Limited (NYSE:AEM) is a gold mining company that explores for and produces precious metals, including gold, silver, zinc, and copper [2] Market Insights - There are significant shortages in precious metals, with gold, silver, and copper prices climbing. Silver has increased by 46% and gold by 15% since the beginning of the year, largely due to a weak dollar [1] - The world only replaces about 1% of its gold holdings annually, leading to a permanent shortage in gold, while silver does not face the same level of scarcity [1] Investment Perspective - Agnico Eagle is recommended as a strong investment opportunity in the precious metals sector, particularly for those looking to capitalize on the ongoing demand for gold [1]
Clarence Stream Drilling Intersects 7.1 g/t gold over 10.0m Including 13.2 g/t over 5.0m at Southwest Deposit
Accessnewswire· 2026-01-28 12:00
Core Viewpoint - Galway Metals Inc. has reported positive drill results from the Southwest Deposit of its Clarence Stream high-grade gold project, indicating significant potential for gold resources in New Brunswick, Canada [1] Group 1: Drill Results - The company announced results from 7 diamond drill holes at the Southwest Deposit [1] - The Clarence Stream Gold Project has a district-scale potential with an approximately 65-kilometre strike length of highly prospective gold showings and anomalies [1] Group 2: Resource Estimates - The 2022 Mineral Resource Estimate (MRE) for the project is 12.4 million tonnes at a grade of 2.3 grams per tonne (g/t) gold, which equates to approximately 922,000 ounces of gold [1]