Workflow
Gold Mining
icon
Search documents
Trans Canada Gold Corp. is Continuing Late-Stage Due Diligence on Multiple Potential Gold Project Acquisitions in Several Canadian Resource Jurisdictions, and in Discussions to Acquire a Strategic Gold Drilling and Exploration Acquisition in Canada
Accessnewswire· 2025-12-04 14:30
Core Insights - Trans Canada Gold Corp. is in the late stages of due diligence for several advanced gold mineral exploration projects with significant near-term growth potential [1] - The projects are located in various Canadian provinces and resource jurisdictions that are favorable to mining [1] - The company aims to complete due diligence with gold property owners and vendors to make a strategic acquisition early in the new year [1]
Cameo Completes its Induced Polarization Survey at Katoro
Thenewswire· 2025-12-04 14:30
Core Insights - Cameo Resources Inc. has completed the field data collection from its initial Induced Polarization (IP) geophysical survey at the Katoro Gold Property in Tanzania, indicating high prospectivity for gold mineralization [1][3][4] Summary by Sections IP Survey Highlights - The IP survey covered 58 line-kilometers across 5 grids, totaling an area of 3.1855 square kilometers, revealing multiple targets with high chargeability readings up to 250 mV/V [2][4] - The raw data has been handed over to Dr. Didas M. Mabula for expert processing and interpretation, with a final report expected within two weeks [2][4] Drilling Plans - The company aims to fast-track the selection of priority drill targets, with groundwork completed and drilling expected to commence in early January [3][4] - This will mark the first drilling campaign at the Katoro Property, with initial results suggesting mineralization depths comparable to known deposits in the region [3][4] Property Overview - The Katoro Gold Property spans 19.58 square kilometers within the Sukumaland Greenstone Belt, a significant mining area in Tanzania known for multi-million-ounce gold deposits [9][11] - The property has been previously mined by artisanal miners, with geological features indicating potential for gold mineralization [9][11]
Barrick Mining Up 101% in 6 Months: Should You Buy, Sell or Retain?
ZACKS· 2025-12-04 14:11
Core Viewpoint - Barrick Mining Corporation's shares have surged 101.1% over the past six months, driven by a significant increase in gold prices amid various economic and geopolitical uncertainties [1][7]. Performance Comparison - Barrick has outperformed the Zacks Mining – Gold industry's increase of 52.1% and the S&P 500's rise of 17.3% during the same period [2]. - Compared to its peers, Newmont Corporation, Kinross Gold Corporation, and Agnico Eagle Mines Limited have seen increases of 62.2%, 75.2%, and 36.9%, respectively [2]. Technical Analysis - Barrick's stock broke above its 50-day simple moving average (SMA) on May 30, 2025, and is currently trading above its 200-day SMA, indicating a long-term uptrend [5]. - The 50-day SMA has been above the 200-day SMA since a golden crossover on April 9, 2025, suggesting a bullish trend [5]. Growth Projects - Key growth projects such as Goldrush, Lumwana, and Reko Diq are expected to enhance long-term gold and copper output [7][10]. - The Goldrush mine aims for 400,000 ounces of annual production by 2028, while the Reko Diq project is projected to produce 460,000 tons of copper and 520,000 ounces of gold annually in its second phase [11][12]. Financial Position - Barrick has a strong liquidity position with approximately $5 billion in cash and cash equivalents as of the end of Q3 2025, and generated operating cash flows of around $2.4 billion, up 105% year over year [13]. - The company returned $1.2 billion to shareholders in 2024 through dividends and share repurchases, with a new $1 billion repurchase program authorized in February 2025 [14]. Dividend and Valuation - Barrick offers a dividend yield of 1.7% with a payout ratio of 32%, indicating sustainability [15]. - The stock is trading at a forward price/earnings ratio of 12.72X, which is a discount to the industry average of 13.16X [22]. Production Outlook - For 2025, Barrick expects attributable gold production to be between 3.15-3.5 million ounces, a decline from 3.91 million ounces in 2024 [20]. - The production outlook is tempered by higher costs and reduced output from certain mines, which may impact overall performance [20]. Earnings Estimates - Earnings estimates for Barrick have been revised upward, with a projected year-over-year increase of 75.4% for 2025 and 50% for 2026 [21]. Investment Considerations - Barrick's solid financial position, growth projects, and favorable valuation present a positive investment outlook, although rising costs and a soft production forecast warrant caution [23].
X @Bloomberg
Bloomberg· 2025-12-04 13:54
Zimbabwe gold miners warn higher royalty will boost smuggling https://t.co/S5c7qrZrAZ ...
Pirate Gold Initiates 50,000 m Drilling Program and Launches New Video Series at Its Treasure Island Project
Newsfile· 2025-12-04 13:00
Pirate Gold Initiates 50,000 m Drilling Program and Launches New Video Series at Its Treasure Island ProjectDecember 04, 2025 8:00 AM EST | Source: Pirate Gold Corp.Two rigs active and a third mobilizing in early 2026 for a 50,000 m campaign designed to expand high-grade zones and test new regional structuresNew shareholder video series will bring investors inside the hunt (https://www.youtube.com/watch?v=Hcjxi92GphY) - teaser video released todaySt. John's, Newfoundland and Labrador--(Newsfil ...
Emperor Commences 10,000-15,000 Metre Drilling Program at the Duquesne West Gold Project
Newsfile· 2025-12-04 13:00
Emperor Commences 10,000-15,000 Metre Drilling Program at the Duquesne West Gold ProjectDecember 04, 2025 8:00 AM EST | Source: Emperor Metals Inc.Edmonton, Alberta--(Newsfile Corp. - December 4, 2025) - Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) ("Emperor") is pleased to announce the start of its 10,000 - 15,000 metre diamond drilling program at its flagship Duquesne West Gold Project in Quebec for the 2025-2026 winter season. V.P. Exploration John Labrecque commented: "We are ...
As Perron Development Advances, Amex Expands Community Engagement, Announces Local Offices, and Launches New Community Website
Newsfile· 2025-12-04 12:00
As Perron Development Advances, Amex Expands Community Engagement, Announces Local Offices, and Launches New Community WebsiteDecember 04, 2025 7:00 AM EST | Source: Amex Exploration Inc.Montréal, Québec--(Newsfile Corp. - December 4, 2025) - Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) ("Amex" or the "Company") is pleased to announce that the company recently presented the Perron Project to two key partner communities: the Locality of Valcanton and the City of Normétal.These me ...
GMV Minerals Receives Drill Permits at the Mexican Hat Gold Project
Accessnewswire· 2025-12-04 12:00
VANCOUVER, BC / ACCESS Newswire / December 4, 2025 / GMV Minerals Inc. (the "Company" or "GMV") (TSXV:GMV)(OTCQB:GMVMF) is pleased to announce that, subject to posting and acceptance of the required reclamation bonding/financial guarantee, it has received the necessary drill permits from the Bureau of Land Management to proceed with its next phase of diamond drilling at its 100% owned Mexican Hat gold project located in SE Arizona (the "Mexican Hat Project"). Harris Exploration Drilling has been chosen to d ...
Gold Hunter Identifies High-Priority Structures at Great Northern; Geophysical Survey Expands Known Zones and New Regional Trends
Newsfile· 2025-12-04 12:00
Core Insights - Gold Hunter Resources Inc. has announced the results of a district-scale helicopter-borne VTEM™ Plus geophysical survey at the Great Northern Project, revealing significant opportunities for resource expansion and new discovery targets [1][4][12]. Geological Context - The Great Northern Project shares geological similarities with the Valentine Gold Project, characterized by a major controlling fault, ideal structural traps, proven mineralization, and untapped potential for exploration [2][3]. Survey Interpretation - The VTEM and magnetic survey covered the entire claim area, identifying two primary opportunities for value creation: resource expansion potential and regional exploration upside [4][6]. Resource Expansion Potential - High-resolution magnetic data indicates that historically fragmented zones, particularly in the Viking-Thor-Asgard confluence, have excellent expansion potential due to previously undrilled structures [6][12]. - The survey reveals structural continuity, suggesting that mineralization may extend into previously unexplored areas, providing immediate drill-ready targets [6][12]. Regional Exploration Upside - The survey has identified multiple high-priority anomalies along the Doucers Valley Fault, indicating the presence of new discovery targets that share geophysical characteristics with known mineralization [6][12]. - These undrilled structural trends represent "blind" targets, supporting the thesis that the district contains multiple gold-bearing structures parallel to the main fault [6][12]. Advanced Structural Analysis - The first vertical derivative magnetic data has highlighted internal structural geometries within the property, revealing new prospective structures and enhancing the understanding of the geological framework [10][11]. Company Overview - Gold Hunter Resources Inc. is focused on acquiring and advancing high-potential mineral projects, with the Great Northern Project being its flagship asset, covering 26,237 hectares along the Doucers Valley Fault [15].
Cabral Gold Drills New Mineralized Structure Connecting PDM and Central Gold Deposits, Cuiú Cuiú Gold District, Brazil
Newsfile· 2025-12-04 11:35
Core Insights - Cabral Gold Inc. has announced significant drill results from the Mutum target, indicating a previously unrecognized mineralized structure connecting the Central and PDM gold deposits over a distance of 1.8 kilometers [3][6][16] Summary by Sections Drill Results - The reconnaissance drilling at the Mutum target included 17 shallow RC drill holes, with notable intercepts such as 8 meters at 1.32 grams per tonne (g/t) gold from 43 meters depth in hole RC0602, and 13 meters at 0.83 g/t gold from 11 meters depth in hole RC0604 [6][15][16] - Previous surface trenching in the area returned results of 32 meters at 1.0 g/t gold, 25 meters at 0.9 g/t gold, and 16.5 meters at 0.9 g/t gold [7] Geological Insights - A drone magnetic survey revealed a clear northwest-trending structural corridor that was not visible in earlier airborne data, enhancing the understanding of the geological controls on gold mineralization in the Cuiú Cuiú district [4][10][18] - The Mutum target is characterized by thick soil cover and low gold-in-soil values, which previously made it a low-priority area for exploration [8] Future Plans - In light of the promising results, the company plans to conduct follow-up drilling along the newly identified mineralized structure connecting the Central and PDM deposits [17] - The company has acquired its own drone magnetic system to expedite exploration across the entire Cuiú Cuiú district [18] Company Background - Cabral Gold Inc. focuses on the exploration and development of gold properties in Brazil, holding a 100% interest in the Cuiú Cuiú gold district, which contains significant indicated and inferred resources [25][26]