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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]
Recent Discovery at Froome Mine Expands Along Strike and Down-Dip; Drilling at Depth Shows Potential to Extend Mine Life: 7.7 gpt gold over 20.4 m & 23.5 gpt gold over 3.7 m (true widths)
Globenewswire· 2025-12-04 11:00
Core Insights - McEwen Inc. has announced new drill results from its Froome Mine, indicating significant geological potential and active drilling to expand results [1][2] Group 1: Drill Results and Mineralization - The recent drill results have extended high-grade gold mineralization by 100 meters vertically, marking a 45% increase since July 2025 [2] - Gold mineralization has been extended up to 50 meters west, which may increase the number of defined ounces per vertical meter, thereby lowering future production costs [5] - Some of the deepest intersections confirm that gold mineralization remains open at depth, suggesting additional resources exist below the current planned limit of the mine [4] Group 2: Economic Implications - The potential to extend Froome's mine life and improve economics is highlighted, with mining expected to commence in H1 2026 in areas near recently completed underground infrastructure [6][9] - Greater mining flexibility is anticipated, enabling higher production and lower costs, with mill feed from multiple sources expected from H2 2026 [9] Group 3: Future Plans - Surface diamond drilling will continue into Q1 2026 to further define the mineralization that remains open to the west and at depth [17] - An updated resource estimate for Froome West is planned for publication at the end of February 2026 [17]
Successful 2025 Nalunaq gold mine drilling programme - 1,840 g/t of gold over 0.5m in Mountain Block derisks near-term production and expansion of the Main Vein at depth
Globenewswire· 2025-12-04 07:00
Core Insights - Amaroq Ltd. has successfully completed its 2025 drilling program at the Nalunaq gold mine, reporting high-grade gold intersections, including 1,840 g/t over 0.5 meters, which derisks near-term production and supports expansion of the Main Vein at depth [2][6][16] - The exploration results confirm the extension of the Main Vein down-dip, indicating significant potential for further resource growth beyond previously identified areas [3][4][16] Exploration Results - A total of 2,127 meters of underground resource conversion drilling was completed, with 62% intersecting the mineralized Main Vein, yielding a weighted average grade of 87.6 g/t Au, which is higher than the resource model predictions [6][10] - Surface drilling has confirmed the Main Vein structure extends approximately 700 meters down-dip from previously mined areas, indicating additional upside potential [6][15][17] Resource Estimates - The current Mineral Resource includes 158 koz (151.5 Kt at 32.4 g/t Au) Indicated and 326 koz (348 Kt at 29.2 g/t Au) Inferred, with an Exploration Target of approximately 600,000 to 2.3 million tonnes at grades between 10–30 g/t Au in underexplored areas [8][41] - An updated geological model will be developed incorporating all 2025 drilling results ahead of the planned Mineral Resource Estimate update (MRE5) in Q1 2026 [13][19] Ongoing Activities - The company is continuing its exploration activities through the winter season, focusing on both resource conversion and further surface testing to expand the known mineralized envelope [19][20] - A westward exploration drive is being advanced to assess the potential to broaden the Mountain Block mineral corridor, integrating in-mine resource definition with systematic exploration [20][21]
Jim Cramer Says “Newmont is Real, Real Good”
Yahoo Finance· 2025-12-04 05:05
Newmont Corporation (NYSE:NEM) is one of the stocks Jim Cramer was recently asked about. A caller asked if the stock is a buy, given that analysts are raising price targets. Cramer commented, “I like Newmont. Now, I do like Agnico better, but Newmont is real, real good.” Image by Csaba Nagy from Pixabay Newmont Corporation (NYSE:NEM) is a mining company that produces and explores gold, while also seeking copper, silver, zinc, lead, and other metals. Cramer mentioned the stock during the October 24 episo ...
美国ADR就业数据爆冷,创两年半最差表现,黄金股ETF(159562)涨1.96%
Sou Hu Cai Jing· 2025-12-04 01:57
Core Viewpoint - The article highlights the performance of the gold sector amid a decline in U.S. employment data, which has strengthened expectations for a potential interest rate cut by the Federal Reserve [1] Market Performance - Major stock indices experienced slight gains, with the gold sector showing significant upward movement [1] - As of 9:40 AM, the gold ETF Huaxia (518850) rose by 0.22%, and the gold stock ETF (159562) increased by 1.96% [1] - Notable individual stock performances included Zijin Mining up 4.14%, Tongling Nonferrous Metals up 3.61%, and Zhongjin Gold up 1.61% [1] Economic Indicators - The U.S. ADP employment data for November unexpectedly decreased by 32,000 jobs, marking the worst performance in two and a half years and falling short of market expectations [1] - This employment data has led to a 90% probability of a 25 basis point rate cut by the Federal Reserve in December [1] Gold Market Outlook - According to a recent report by China International Capital Corporation (CICC), the current gold bull market may not be over, as historical comparisons indicate that the current price increase and duration are still below those seen in the major upswings of the 1970s and early 2000s [1] - Factors supporting gold prices include macroeconomic uncertainty, long-term adjustments in global reserve structures, and the potential decline of the dollar cycle [1]
Monument Announces First 16 Drill Hole Results Of Selinsing Mine Expansion Drilling Program
Globenewswire· 2025-12-04 00:21
Core Viewpoint - Monument Mining Limited has announced positive initial results from its expansion drilling program at the Selinsing Gold Mine, indicating potential for increased gold resources and an extended mine life [1][2][8]. Drilling Program Overview - The Buffalo Reef/Felda mine expansion drilling program consists of 118 planned drill holes totaling 17,477 meters, with 109 holes for 15,377 meters at Buffalo Reef and 9 holes for 2,100 meters at Selinsing [7][36]. - The first 27 drill holes have been completed, totaling 2,952 meters, with assay results for 16 holes received and 11 pending [3][15]. Significant Assay Results - Notable assay results include: - MBRRC579: 22m @ 0.86g/t Au from 2m, including 1m @ 1.41g/t Au from 2m and 6m @ 1.9g/t Au from 8m [6][33]. - MBRRCDD01: 5m @ 2.01g/t Au & 0.47% Sb from 149m and 1m @ 1.14g/t Au & 0.2% Sb from 160m [34][51]. - MBRDD600: 4m @ 3.42g/t Au & 0.49% Sb from 55m [34][51]. Expansion Drilling Objectives - The objective of the expansion drilling is to increase gold resources and potentially extend the life of the Selinsing Gold Mine [2][9]. - The Buffalo Reef/Felda expansion target area covers 115 acres, aiming to evaluate the potential to extend currently defined mineral resources [2][17]. Budget and Timeline - The company has budgeted USD $2.5 million for the completion of both expansion drilling programs, targeting full completion by the end of June 2026 [8][43]. - The mine expansion drilling is expected to be completed by March 2026, with final assay results anticipated by the end of June 2026 [8][43]. Current Progress and Future Plans - The drilling program has been accelerated with the addition of two diamond drilling rigs to meet the schedule [16][27]. - An updated geological model and resource estimate are expected to be completed by October 2026 [16][43]. Selinsing Mine Expansion Drilling - The Selinsing mine expansion drilling program consists of 9 drill holes for 2,100 meters, with Stage 1 testing high-grade depth extensions and Stage 2 focusing on dip and strike extensions outside the expanded pit shell [36][41][42].
Gold Resource Corporation Reports Strong Initial Production From the Three Sisters Area at the Don David Gold Mine
Businesswire· 2025-12-03 23:08
id=smartlink&url=http://www.sec.gov&esheet=54368992&newsitemid=20251203526388&lan=en- US&anchor=www.sec.gov&index=2&md5=51f25787114d50d9ed9a061696a783b2)*. DENVER--([BUSINESS WIRE](https://www.businesswire.com))--**Gold Resource Corporation (NYSE American: GORO)**(the "**Company**,†"**we**,†"**our**,†or "**GRC**†) is pleased to report strong production results for the past two weeks, as mining advances into the high-grade Three Sisters area at the Don David Gold Mine in Oaxaca, Mexico."The production valu ...
QGold Strengthens Board of Directors with Appointment of Jamsheed Mehta, former Vice-Chair at BMO Capital Markets
Globenewswire· 2025-12-03 22:30
Core Insights - Q-Gold Resources Ltd. has appointed Jamsheed Mehta to its Board of Directors, effective immediately, bringing over 35 years of capital markets experience [1][2] - The company also appointed Scott Moore as VP Corporate Development, who has over 25 years of experience in the resource sector [5] Leadership Changes - Jamsheed Mehta's extensive background includes a 31-year tenure at BMO Capital Markets, where he held senior leadership roles and was Vice-Chair until 2023 [2][3] - Scott Moore has previously served as CEO of Euro Sun Mining Inc. and has a strong background in resource management [5] Quartz Mountain Gold Project - The Quartz Mountain Gold Project, located in southern Oregon, is Q-Gold's flagship asset and represents a significant gold development opportunity [6][12] - The project was acquired from Alamos Gold in Q4 2025 and has a mineral resource estimate of approximately 1,543,000 ounces of gold at a grade of 0.96 g/t and 2,049,000 ounces of silver at a grade of 1.27 g/t [7][8] Mineral Resource Estimate - The mineral resource estimate includes an additional 148,000 ounces of gold at a grade of 0.77 g/t and 135,000 ounces of silver at a grade of 0.70 g/t in the inferred category [8] - The estimate is suitable for conventional open-pit mining methods, indicating a favorable development scenario for the project [8]
Orezone Intercepts 3.28 g/t Gold Over 26.00m and 5.55 g/t Gold Over 15.00m at P17 Zone in Advance of Hard Rock First Gold
Globenewswire· 2025-12-03 22:29
VANCOUVER, British Columbia, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Orezone Gold Corporation (TSX: ORE | ASX: ORE | OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to report shallow, high-grade confirmatory grade control drill results from the P17 Zone at its flagship Bomboré Gold Mine. The P17 Zone is a high-grade hard rock deposit outcropping at surface located at the southern end of the Bomboré mining lease. In addition to several phased oxide pits, which have locally been advanced into the hard rock, t ...
Orezone Intercepts 3.28 g/t Gold Over 26.00m and 5.55 g/t Gold Over 15.00m at P17 Zone in Advance of Hard Rock First Gold
Globenewswire· 2025-12-03 22:29
VANCOUVER, British Columbia, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Orezone Gold Corporation (TSX: ORE | ASX: ORE | OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to report shallow, high-grade confirmatory grade control drill results from the P17 Zone at its flagship Bomboré Gold Mine. The P17 Zone is a high-grade hard rock deposit outcropping at surface located at the southern end of the Bomboré mining lease. In addition to several phased oxide pits, which have locally been advanced into the hard rock, t ...