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ORVANA GRADUATES TO TRADING ON OTCQX BEST MARKET IN THE UNITED STATES
Prnewswire· 2026-03-26 23:00
Core Viewpoint - Orvana Minerals Corp. has graduated to trading on the OTCQX Best Market, enhancing its visibility and accessibility to U.S. investors while continuing to trade on the TSX Exchange [1][2][3]. Group 1: Trading Transition - Orvana's common shares will now trade under the ticker symbol ORVMF on the OTCQX Best Market, which is recognized for its stringent financial standards and corporate governance [1][3]. - The transition to OTCQX is expected to broaden Orvana's investor base and support its growth strategy, particularly in relation to production restart in Bolivia and exploration in Argentina [2][3]. Group 2: Company Operations - Orvana operates multiple mines, including the Orovalle operation in Spain, the Don Mario operation in Bolivia, and the Taguas property in Argentina [4]. - The company is focused on advancing production in Bolivia, progressing exploration activities in Argentina, and maintaining stable operations in Spain as part of its broader growth strategy [2][4].
PAN GLOBAL REPORTS 29.8 G/T GOLD OVER 3.0 METERS AT PROVIDENCIA AND COMMENCES FOLLOW-UP DRILL PROGRAM, CÁRMENES PROJECT, SPAIN
Prnewswire· 2026-03-25 11:28
Core Insights - Pan Global Resources Inc. has reported high-grade gold results from surface sampling at the Providencia target within the Cármenes Project in northern Spain, with a notable assay of 29.8 g/t gold over 3.0 meters [1][2][3] - The company has initiated a follow-up drill program consisting of seven holes totaling 1,000 meters to further explore the gold mineralization [1][5] Group 1: Gold Mineralization Results - Continuous rock chip channel sampling at Providencia returned 3.0 meters grading 29.8 g/t gold within a broader interval of 6.0 meters grading 15.0 g/t gold, including a peak assay of 43.8 g/t gold over 1.0 meter [2][5] - The assay results also indicated the presence of anomalous platinum and palladium, confirming significant near-surface high-grade gold mineralization [2][5] Group 2: Drilling and Sampling Programs - The current drill program is designed based on the high-grade gold mineralization observed at the surface, with initial drilling in 2025 confirming a near-surface gold discovery [3][4] - Additional underground channel sampling is being conducted in a newly exposed tunnel approximately 30 meters below previous sampling to evaluate the continuity of the mineralized system [4][5] Group 3: Project Overview - The Cármenes Project is located on the Rio Narcea Gold Belt and covers 5,653 hectares, with potential for multiple bodies of carbonate-hosted hydrothermal breccia style mineralization [9] - The area includes historical mines that last operated in the 1930s, highlighting the potential for additional breccia mineralization [9][10] Group 4: Company Profile - Pan Global Resources Inc. is focused on exploring copper-rich mineral deposits along with gold and other metals, with a strong outlook for copper as a critical metal for global electrification [10][11] - The company operates in a favorable mining jurisdiction in southern Spain, with a commitment to safe and environmentally respectful operations [11]
Mountain Province Diamonds Announces Revised Details for Q4 and Full-Year 2025 Earnings Release and Conference Call
Prnewswire· 2026-03-24 20:33
Core Viewpoint - Mountain Province Diamonds Inc. has announced a delay in the release of its fourth quarter and full-year 2025 financial results due to the financial audit process not being completed on time [1]. Group 1: Earnings Release and Conference Call Details - The company will release its Q4 and full-year 2025 financial results on March 31, 2026, after the market closes, in accordance with its statutory reporting deadline [2]. - The conference call to discuss these results is scheduled for April 1, 2026, at 11:00 AM ET, with an expected duration of 60 minutes [2]. - Dial-in details for the conference call include a toll-free number (+1) 888-699-1199 and an international number (+1) 416-945-7677 [2]. Group 2: Company Overview - Mountain Province Diamonds holds a 49% stake in the Gahcho Kué Mine, located in Canada's Northwest Territories, which is a joint venture with De Beers [4]. - The GK Mine consists of several actively mined, developed, and explored kimberlites, and the company controls over 96,000 hectares of mineral claims and leases surrounding the mine [4].
GOLD STRATEGY INC. CLARIFIES BUSINESS MODEL
Prnewswire· 2026-03-24 20:00
Core Viewpoint - Gold Strategy Inc. clarifies its business model as a mineral exploration and development company, emphasizing its focus on acquiring, exploring, and advancing mineral properties towards production [1][2]. Group 1: Business Model and Operations - The company confirms that there has been no "Change of Business" and it continues to operate as a mineral exploration and development entity [2]. - Gold Strategy is not an investment issuer and does not function as a passive investment vehicle; its activities are centered on identifying, acquiring, evaluating, and developing mineral assets through various means [3]. - The company is updating its corporate website to accurately reflect its current business strategy and operations, aiming to provide stakeholders with clear information [4]. Group 2: Company Overview - Gold Strategy Inc. is dedicated to enhancing shareholder value by acquiring and exploring mining properties and advancing exploration programs on these properties [5].
Strategic Resources Announces Amendment to C$10 Million Non‑Brokered Private Placement
Prnewswire· 2026-03-23 20:05
Core Viewpoint - Strategic Resources Inc. has announced an amendment to its C$10 million non-brokered private placement, intending to issue up to 40 million units priced at C$0.25 each, which will consist of common shares and warrants [1][2]. Group 1: Offering Details - The offering will consist of up to 40 million units for gross proceeds of C$10 million, with each unit priced at C$0.25, including one common share and one-half of a warrant [2]. - The company plans to issue up to 29,500,000 units for gross proceeds of up to C$7,375,000 under the LIFE Offering, with warrants not exercisable until 60 days post-closing [3]. - A Concurrent Offering will issue up to 10,500,000 units for gross proceeds of up to C$2,625,000, which will be made to accredited investors and eligible purchasers [4][5]. Group 2: Closing and Regulatory Approvals - The closing of the offering is expected around April 15, 2026, and may occur in multiple tranches, subject to regulatory approvals and customary closing conditions [6]. - The offering is contingent upon the execution of definitive subscription documentation and the approval of the TSX Venture Exchange [6]. Group 3: Use of Proceeds - The net proceeds from the offering are intended to advance the company's iron ore pellet plant development activities, including final engineering and construction readiness, as well as for general working capital [8]. Group 4: Company Overview - Strategic Resources is focused on critical mineral development, particularly in vanadium, high-purity iron, and titanium, essential for decarbonizing the global economy [10]. - The company's main projects include the BlackRock Project in Quebec, which aims for a production capacity of 4 million tonnes per year of high-purity iron ore pellets [11].
New Gold Completes Arrangement with Coeur Mining
Prnewswire· 2026-03-20 11:57
Core Viewpoint - New Gold Inc. has successfully completed a plan of arrangement where Coeur Mining, Inc. has acquired all outstanding shares of New Gold, with shareholders receiving 0.4959 shares of Coeur for each New Gold share held [1]. Group 1: Transaction Details - The acquisition will lead to the delisting of New Gold common shares from the Toronto Stock Exchange and NYSE American [2]. - Coeur plans to have New Gold cease to be a reporting issuer under Canadian securities laws following the transaction [2]. Group 2: Company Overview - New Gold is a Canadian-focused intermediate mining company with two core producing assets: the New Afton copper-gold mine and the Rainy River gold mine [3]. - The company's vision is to be the most valued intermediate gold and copper producer through profitable and responsible mining for shareholders and stakeholders [3].
Blue Moon Consolidates Apex Germanium and Gallium District with Acquisition of Gage Properties from Liberty Gold
Prnewswire· 2026-03-18 11:00
Core Viewpoint - Blue Moon Metals Inc. has announced the acquisition of the Gage Project from Liberty Gold, enhancing its position in the germanium and gallium district in North America [1][2]. Acquisition Details - The Gage Project is being acquired for 420,935 common shares of Blue Moon and a 2.0% net smelter return royalty on certain concessions [1][8]. - The acquisition is expected to be completed by the end of March 2026, pending TSXV approval [5]. Project Overview - The Gage Project consists of 181 unpatented mining claims covering 5,916 hectares, located in a critical metals belt over 5 kilometers long [3]. - The area includes 5 historic mines and over 20 previously identified critical minerals prospects surrounding the Apex Mine [3]. Exploration Potential - The district is considered highly prospective for modern exploration, with no recent exploration conducted on the mapped breccia pipes and regional prospects [4]. - Previous drilling efforts were limited to a small vertical section of a single breccia pipe, indicating significant unexplored potential [4]. Transaction Terms - Blue Moon is acquiring 100% of the Gage Project free of encumbrances, except for a 4% royalty related to SITLA leases [5]. - No finders' fees are associated with this acquisition [5]. Company Background - Blue Moon is advancing five brownfield polymetallic projects, including the Apex germanium-gallium-copper project, which is strategically located with existing infrastructure [9]. - The company focuses on critical metals, including zinc, copper, tungsten, germanium, and gallium, which are essential for the global economy and national security [9].
Contango Stockholders Overwhelmingly Approve Merger with Dolly Varden
Prnewswire· 2026-03-17 21:00
Core Viewpoint - Contango ORE, Inc. stockholders have overwhelmingly approved all three proposals related to the merger with Dolly Varden Silver Corporation, indicating strong support for the strategic move [1][2]. Proposal Voting Results - Proposal No. 1 (Arrangement Proposal) received 9,946,594 votes in favor, representing 99.70% of the votes [2]. - Proposal No. 2 (Share Increase Proposal) received 8,447,263 votes in favor, accounting for 84.68% [2]. - Proposal No. 3 (Incentive Plan Proposal) received 8,978,213 votes in favor, which is 89.99% [2]. Shareholder Participation - A total of 9,976,278 shares of Contango common stock were voted at the Special Meeting, representing approximately 66% of the issued and outstanding shares as of the record date [3]. Next Steps for the Arrangement - The Arrangement is subject to approval from the British Columbia Supreme Court, with a hearing scheduled for March 23, 2026, and closing expected shortly thereafter [4]. Exchangeable Shares Election - Registered Dolly Varden shareholders must complete and deposit the Letter of Transmittal and Election Form by March 24, 2026, to receive Exchangeable Shares [5]. - Failure to comply with the election requirements will result in receiving Contango Shares instead [6]. Company Overview - Contango ORE, Inc. is engaged in the exploration and development of gold and associated minerals in Alaska, holding a 30% interest in the Peak Gold Joint Venture [7].
A2GOLD IDENTIFIES DISTRICT SCALE ANTIMONY POTENTIAL AT THE TAYLOR SILVER-GOLD PROJECT IN NEVADA
Prnewswire· 2026-03-17 12:30
Core Insights - A2Gold Corp has identified a district-scale gold-antimony mineralized system at the Taylor Silver-Gold Project in Nevada, indicating significant multi-metal exploration potential [1][11]. Antimony Mineralization - Recent technical reviews reveal widespread antimony mineralization associated with gold across the Taylor district, suggesting a robust multi-metal mineralized system [2][7]. - Historical mining records indicate that antimony mineralization covers approximately 10 km² in the Taylor district, with notable past production from the Enterprise and Merrimac Mines [3][4]. Historical Production Data - The Enterprise Mine produced high-grade antimony with grades ranging from 39% to 76% Sb, while the Merrimac Mine reported significant intercepts, including 3.34% antimony over 11.6 meters [4][6]. - Recent surface channel samples from the Taylor Project returned high-grade antimony mineralization, with grades of 18.4% and 21.6% [4]. Relationship Between Antimony and Gold - Geological observations suggest a close association between antimony and gold mineralization, indicating they may represent different expressions of the same mineralizing system [5][7]. - Gold exploration at Taylor has identified drill intercepts, including 1.02 g/t gold over 18.3 meters [5]. Regional Antimony Activity - Interest in antimony exploration in Nevada has surged due to its classification as a U.S. critical mineral, with limited domestic supply and increasing recognition of the region's potential for antimony-bearing deposits [7][8]. Future Exploration Plans - A2Gold is designing a 2026 exploration program to test high-priority antimony targets identified across the district, with drilling planned to target both antimony and gold mineralization [8][9]. - The company aims to evaluate the potential for antimony mineralization to be included in future resource estimates while updating the gold and silver resources [10][16].
Contango Announces 2025 Year End Financials and Provides 2026 and 2027 Production Guidance
Prnewswire· 2026-03-16 11:00
Core Viewpoint - Contango ORE, Inc. reported its FY 2025 financial results, highlighting production achievements, financial performance, and future production guidance for 2026 and 2027, alongside a planned merger with Dolly Varden Silver Corporation [1][6]. Financial Performance - In FY 2025, Contango's share of production from the Manh Choh mine was approximately 60,200 gold equivalent ounces, with a net loss of $36.1 million, which included a non-cash expense of $46.0 million from unrealized losses on derivative contracts [2][12]. - The company reported adjusted net income of $73.0 million and total income from operations of $69.1 million, compared to $26.3 million in FY 2024 [12][14]. - The unrestricted cash position as of December 31, 2025, was $64.8 million, up from $20.0 million at the end of 2024 [2][14]. Production Highlights - The company produced approximately 60,200 gold equivalent ounces in FY 2025, including 57,315 ounces of silver, with cash costs per ounce sold at $1,459 and all-in sustaining costs at $1,616 [3][10]. - For FY 2026, production guidance estimates Contango's share of gold production from the Manh Choh mine to be between 40,000 to 45,000 ounces, with cash costs projected between $1,900 to $2,000 per ounce [17][20]. Project Developments - At the Lucky Shot project, an underground diamond drilling program commenced in Q4 2025, targeting 400,000 to 500,000 measured and indicated gold ounces, with a feasibility study expected to be completed in 12 to 18 months [4][11]. - The Johnson Tract project has a post-tax net present value of $615.4 million, with ongoing permitting and field activities planned for 2026 [5][12]. Merger and Corporate Development - Contango announced a merger with Dolly Varden Silver Corporation, expected to close by late March 2026, creating a new entity named Contango Silver & Gold Inc. [6][12]. - The merger will result in existing shareholders of both companies owning approximately 50% of the new entity [12][24]. Cash Distributions and Debt Management - The company anticipates cash distributions from the Peak Gold JV to range between $48 million to $54 million in FY 2026 and $165 million to $175 million in FY 2027 [18][20]. - Contango plans to become fully unhedged by the end of FY 2026, with less than $10 million remaining on its Credit Facility [15][18].