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Psyence Group's RTO Target, GoldCoast Resource Corp., Granted Offshore Reconnaissance License for Gold Exploration on Ghana's Shallow Continental Shelf
Accessnewswire· 2026-01-27 14:50
TORONTO, ON / ACCESS Newswire / January 27, 2026 / Psyence Group Inc. (CSE:PSYG) ("Psyence" or the "Company") announces that its proposed reverse takeover target, GoldCoast Resource Corp. ("GoldCoast"), has been granted a series of ten contiguous offshore reconnaissance licenses by the Minerals Commission of Ghana (the "Reconnaissance Licenses") covering approximately 10,000 square kilometres along Ghana's western offshore continental shelf (the "License Area"). The Reconnaissance Licenses permit GoldCoast ...
Ascot Announces Closing of the Final Tranche of Private Placement, Raising Aggregate Gross Proceeds of C$175 Million and Appoints Alex Morrison as Chair of the Board of Directors
Globenewswire· 2026-01-27 14:05
Core Viewpoint - Ascot Resources Ltd. has successfully closed the second and final tranche of a brokered private placement, raising a total of approximately C$175 million from both tranches of the offering [1][2]. Group 1: Offering Details - The second tranche raised approximately C$25 million from the sale of 34,246,576 charity flow-through units (CDE FT Units) priced at C$0.73 each and approximately C$69.8 million from 116,411,520 hard dollar units (HD Units) priced at C$0.60 each [2]. - Each offered security consists of one common share and one-half of a common share purchase warrant, with warrants exercisable at C$0.85 for a period of 12 months following December 30, 2026 [2]. - The total gross proceeds from both the first and second tranches amounted to approximately C$175 million [1]. Group 2: Use of Proceeds - Net proceeds from the HD Units will be allocated to further development of the Premier Gold Mine and Red Mountain project, as well as for general corporate purposes [3]. - Proceeds from the CDE FT Units will be used to incur eligible "Canadian development expenses" as defined by the Income Tax Act (Canada) [4]. Group 3: Agent Compensation - The agents involved in the second tranche received a cash fee of 6% of the aggregate gross proceeds and were granted 9,039,485 non-transferable broker warrants, each entitling the holder to purchase one common share at an exercise price of C$0.60 for 24 months [5]. Group 4: Management Changes - Ascot has appointed Alex Morrison as the new non-executive Chair of the Board of Directors, effective January 27, 2026, succeeding Indi Gopinathan [7]. Group 5: Equity Grants - The company granted 22,300,000 incentive stock options to directors, officers, employees, and consultants, with an exercise price of C$1.75, vesting over eighteen months [8][9]. - Additionally, 8,430,260 restricted share units (RSUs) and 740,000 deferred share units (DSUs) were granted, vesting equally over three years [10].
Thor Explorations (OTCPK:THXP.F) Earnings Call Presentation
2026-01-27 14:00
Certain statements contained in this presentation, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include, but are not limited to, statements or information with respect to the proposed development of the Segilola Gold Project, the Company's overall objectives and strategic plans, work programs, exploration budgets, timetables and target ...
Metals Creek Provides Exploration Update for Ogden 2026
TMX Newsfile· 2026-01-27 13:01
Core Viewpoint - Metals Creek Resources Corp. is preparing for a drill program at the Ogden Gold Project in Q1 2026, with full funding secured for the initiative [2][3]. Group 1: Exploration Update - The upcoming drill program will target the Thomas Ogden Zone and Porphyry Hill, with the last drilling conducted in 2022 [2]. - The Ogden Gold Project is a 50/50 Joint Venture with Discovery Silver Corp., with Metals Creek acting as the operator [3]. - Recent drilling highlights from 2022 include significant intercepts such as 1.13 grams per tonne (g/t) gold over 12.14 meters and 12.3 g/t gold over 1.05 meters [3][4]. Group 2: Geological Insights - A structural analysis is nearing completion, focusing on the orientation of gold-bearing quartz veins and the plunge of fold structures that influence gold deposition [5]. - The Ogden Gold Project is situated within the Timmins Gold Camp, featuring over 8 kilometers of strike length along the Porcupine-Destor Break, a key area for gold mineralization [8]. - Six mineralization zones have been identified, with significant past drilling results including 210.19 g/t gold over 12.53 meters and 9.24 g/t gold over 6.61 meters [8]. Group 3: Exploration Potential - The Ogden Property hosts an Exploration Target at Naybob South, estimated at 750,000 to 1,000,000 tonnes with grades between 3.5 to 4.5 g/t gold [9]. - The project was acquired in November 2008 through a Joint Venture Agreement with Goldcorp, now Discovery Silver [8][11].
Zephyr Announces Increase in Private Placement
TMX Newsfile· 2026-01-27 12:50
Core Viewpoint - Zephyr Minerals Ltd. has announced an increase in its non-brokered private placement to 5,200,000 units at a price of $0.05 per unit, aiming for gross proceeds of up to $260,000, which will be used for working capital and advancing the Dawson Gold project [1][2]. Group 1: Private Placement Details - The private placement consists of units, each comprising one common share and one common share purchase warrant, with warrants allowing the purchase of additional shares at $0.10 for two years [1]. - The expected closing date for the private placement is around February 3, 2026, subject to customary closing conditions and TSX Venture Exchange approval [3]. Group 2: Dawson Gold Project - The Dawson Gold Deposit has an inferred mineral resource of 343,000 tonnes grading 12.11 g/t for 133,500 ounces of gold, with potential for resource expansion at depth and along strike [5]. - A Preliminary Economic Assessment (PEA) from March 21, 2017, indicated robust economics with an all-in sustaining cost of $692 per ounce, utilizing a gold price of $1,250/oz [5]. - The project benefits from a small footprint for the proposed underground mine, ownership of necessary lands, a favorable climate for year-round operations, and nearby infrastructure [5]. Group 3: Company Overview - Zephyr Minerals is focused on obtaining a mining permit for its 100% owned Dawson Gold property in Colorado and is awaiting the Zimbabwean Government's decision on two Exclusive Prospecting Orders covering 124,000 hectares [6].
Galleon Gold Begins Trading on the OTCQX Under Symbol "GGOXF"
TMX Newsfile· 2026-01-27 12:45
Core Viewpoint - Galleon Gold Corp. has successfully transitioned from the OTCID™ Basic Market to the OTCQX® Best Market, enhancing its visibility and trading liquidity for U.S. investors [1][2]. Company Overview - Galleon Gold is focused on the West Cache Gold Project located in Timmins, Ontario, which is strategically positioned near significant mining operations [5]. - The company is advancing its project with a disciplined strategy aimed at resource growth and is preparing for an 86,500-tonne bulk sample program [5]. Market Transition - The transition to the OTCQX Market is expected to improve the company's trading liquidity and expand its shareholder base [2]. - Companies listed on the OTCQX must meet high financial standards and adhere to best practice corporate governance [2]. Trading Infrastructure - OTC Markets Group Inc. operates regulated markets for trading a wide range of U.S. and international securities, providing efficient access to the U.S. capital markets [3]. - The OTC Link® Alternative Trading Systems (ATSs) facilitate trading and offer critical market infrastructure for broker-dealers [3].
黄金冲破“5000大关”后还能狂飙吗?金矿巨头:上涨动力不会消失
凤凰网财经· 2026-01-27 12:43
加拿大黄金生产商Agnico Eagle Mines Ltd.首席执行官Ammar Al-Joundi周一表示,黄金价格的这一历史性飙升是由诸多持续存在的因素所推动 的,这些因素绝不会消退。 在他发表此番评论之前,金价周一首次突破5000美元/盎司的关键整数关口。现货黄金一度上涨2.5%,达5110美元/盎司,截至发稿回落至5070美 元/盎司附近。 在最新访谈中,Al-Joundi表示,虽然短期内的价格波动难以预测, 但过去一年里黄金价格上涨80%的结构性驱动因素,依然稳固不变。 他说:"谁也不知道下周或下个月金价会涨到什么程度呢。推动金价上涨的那些基本面因素依然存在——政府支出,再加上几年前我们所经历的催化 剂,即俄乌冲突爆发并被踢出 SWIFT(环球银行间金融通信协会)系统的事。" "而现在又有了一个新的催化剂,即我们所生活的这个有序的世界似乎变得不再那么有序了,这显然会对……货币市场产生影响……而黄金也在其中 发挥了作用。"他补充说。 或许会让人感到意外的是,Al-Joundi认为加密货币将带来另一股利好力量。 他认为,比特币的流行让年轻一代认识到拥有某种手段来抵御不稳定法定货币的重要性。如今,这些投 ...
Gold Resource enters plan of merger with Goldgroup Mining
Yahoo Finance· 2026-01-27 12:38
Gold Resource Corporation has signed a definitive arrangement agreement and plan of merger with Goldgroup Mining, under which the latter will acquire all of Gold Resource’s issued and outstanding shares for $372m (C$509.97m). The transaction will be executed through a reverse triangular merger in which Gold Resource will merge with a wholly owned Goldgroup subsidiary in accordance with Colorado law and a plan of arrangement under the Business Corporations Act (British Columbia). Following the completion ...
Founders Metals Consolidates over 100,000 ha Gold District in Suriname
TMX Newsfile· 2026-01-27 12:30
Core Insights - Founders Metals Inc. has successfully consolidated a total of 102,360 hectares of contiguous land in Southeastern Suriname, making it the largest publicly traded gold exploration company in the Guiana Shield by land area [1][8]. Concession Details - The newly acquired concessions include a 36,360-hectare exploration concession and a 10,000-hectare exploitation concession, both of which are located in a region known for hosting significant gold deposits, including the 1.65-million-ounce Yaou deposit in French Guiana [4][9]. - The area is characterized by the Central Guiana Shear Zone (CGSZ), which is a major geological structure influencing gold mineralization, and has multiple secondary structures that present additional exploration targets [4][8]. Historical Data and Exploration Potential - Historical data has identified several high-priority gold anomalies aligned with the geological structures, indicating promising early-stage exploration targets across the expanded land package [5]. - The Antino property spans approximately 55 kilometers of gold mineralization, comparable in scale to other world-class gold systems such as Kirkland Lake in Canada and Ghana's Ashanti Belt [8]. Strategic Expansion and Future Plans - The company has expanded its ongoing high-resolution airborne geophysics survey and regional auger geochemical sampling program to cover the entire consolidated land package, with plans for LiDAR and orthoimagery surveys in the first half of 2026 [8]. - The 10,000-hectare Okasi exploitation concession is fully owned by Founders and is being explored for potential revenue opportunities from small-scale mining [8][9]. Company Overview - Founders Metals is focused on advancing the Antino Gold District in Suriname, which has historically produced over 500,000 ounces of gold from surface and alluvial mining [10]. The company aims to deliver long-term value to shareholders through responsible exploration and strategic growth in the Guiana Shield [10].
OTC Markets Group Welcomes Galleon Gold Corp. to OTCQX
Globenewswire· 2026-01-27 12:00
Core Insights - Galleon Gold Corp. has qualified to trade on the OTCQX Best Market, enhancing its visibility and trading liquidity [1][4] - The company is focused on the West Cache Gold Project in Timmins, Ontario, and is advancing through a disciplined strategy aimed at resource growth [4] Company Overview - Galleon Gold Corp. is an advanced-stage exploration and development company [1] - The company is led by David Russell, who emphasizes a de-risking strategy and an upcoming 86,500-tonne bulk sample program [4] Market Context - OTC Markets Group Inc. operates regulated markets for trading 12,000 U.S. and international securities, providing efficient access to U.S. capital markets [5] - Companies listed on the OTCQX must meet high financial standards and adhere to best practice corporate governance [3]