VANCOUVER, British Columbia, March 25, 2026 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (TSX: ELD, NYSE American: EGO) (“Eldorado” or the “Company”) today announced that it has entered into a project alliance in the form of a Memorandum of Understanding (“MoU”) with G Mining Services Inc. (“G Mining”), establishing a strategic engineering and construction alliance to support project delivery across Eldorado’s portfolio. Under the MoU, G Mining will provide engineering and construction services in support ...

Core Viewpoint - Cygnus Metals Limited has successfully raised A$25 million through a share placement to fund resource growth and exploration at the Chibougamau Copper-Gold Project, reflecting strong demand from major shareholders [5][8]. Funding Details - The placement involved issuing approximately 156.3 million shares at A$0.16 per share, representing a 5.9% discount to the last closing price of A$0.17 [5][11]. - Post-raising, the company expects to have approximately A$35 million in cash and liquid assets [5][8]. Use of Funds - Proceeds from the placement will be allocated to resource growth, resource conversion, exploration of multiple prospects (including Joe Mann and Gwillim), ongoing permitting work, early capital works, and completion of an updated economic study following the preliminary economic assessment conducted in 2022 [6][8]. Project Development - Cygnus is currently operating three drilling rigs at the Golden Eye gold-copper discovery and plans to test major new targets in the upcoming quarter [1][4]. - The company aims to upgrade resources into higher confidence categories and aggressively drill high-grade targets [3][4]. Strategic Support - Strategic investor Ocean Partners, the second-largest shareholder, has shown strong support for the placement, indicating confidence in the Chibougamau Copper-Gold Project's value and insights into global copper supply markets [8]. Timeline - The indicative timetable for the placement includes lifting the trading halt on March 13, 2026, settlement of shares on March 19, 2026, and issuance and application for quotation of shares on March 20, 2026 [12]. Company Overview - Cygnus Metals Limited is a diversified critical minerals exploration and development company focused on advancing its Chibougamau Copper-Gold Project in Quebec, alongside lithium and REE projects in Western Australia [15].

Aura Minerals Inc. (NASDAQ:AUGO) ranks among the best mineral stocks to invest in. Aura Minerals Inc. (AUGO) Reports Record Gold Production Despite Q4 Earnings Miss On February 27, Aura Minerals Inc. (NASDAQ:AUGO) announced its fourth-quarter 2025 financial results, which revealed a significant disparity between operational efficiency and financial performance. The company reported earnings per share of $1.39, coming in shy of the projected $1.43, and revenue of $322 million, compared with the $332.94 mi ...

Core Viewpoint - Bunker Hill Mining Corp. is implementing a reverse stock split to consolidate its shares and enhance market appeal, alongside amending its LIFE offering to support operations and growth initiatives [1][2][3]. Group 1: Reverse Stock Split - The company will execute a reverse stock split on March 5, 2026, exchanging 1 share for every 35 shares [1][6]. - Both common and preferred stocks will be affected by this reverse stock split, with trading on a consolidated basis starting on March 6, 2026, on the TSX Venture Exchange [2][6]. Group 2: LIFE Offering - Bunker Hill has amended its LIFE offering to involve up to 159.7 million units, aiming to raise C$30 million [3][6]. - The proceeds from this offering are intended to support the company's operations and align with its long-term strategic goals [3]. Group 3: Current Stock Performance - The current stock price of BHLL is $0.15, reflecting a slight decrease of 0.62%, with a daily trading range of $0.15 to $0.16 [4]. - Over the past year, the stock has fluctuated between a high of $0.25 and a low of $0.07, indicating its volatile nature [4]. - Bunker Hill's market capitalization is approximately $151.3 million, with a trading volume of 443,093 shares on the day of reporting [5].

Core Viewpoint - Eldorado Gold Corporation's Lamaque Complex has been awarded the Towards Sustainable Mining (TSM) Gold Leadership Award, recognizing its exceptional performance in responsible mining practices [1][3]. Group 1: Award Recognition - The TSM Gold Leadership Award is given to mining operations achieving Level AAA, the highest rating, across all TSM performance indicators, verified by independent auditors [3]. - The Lamaque Complex is one of only six facilities to receive this recognition, marking the first award since 2020 [3]. Group 2: Company Commitment - The CEO of Eldorado Gold emphasized that the award reflects the dedication of employees and the company's commitment to responsible mining practices in Québec and globally [4]. - The Vice President of Canada highlighted the collaborative efforts with local communities and the multi-year journey towards achieving this recognition [4]. Group 3: Sustainability Standards - TSM performance is verified every three years against strict environmental and social standards, including climate change, water stewardship, and community relationships [4]. - Eldorado Gold integrates TSM protocols into its Sustainability Integrated Management System (SIMS), which sets company-wide sustainability standards [6]. Group 4: Additional Certifications - The Lamaque Complex has also been certified in full compliance with the International Cyanide Management Code, ensuring safe management of cyanide in gold production [7]. Group 5: Company Overview - Eldorado Gold is a producer of gold and base metals with operations in Canada, Greece, and Türkiye, known for its skilled workforce and responsible operations [8].

Core Insights - Cerro de Pasco Resources Inc. has entered into a Project Development Funding Agreement with the U.S. International Development Finance Corporation to support the Quiulacocha Tailings Reprocessing Project in Peru [1][2] Funding Details - DFC will provide up to US$5 million in milestone-based funding for project development activities, with the potential for an additional US$300 million in long-term direct loan financing for construction, subject to various conditions [2][4] - The funding will support activities such as Sonic Drilling, Geotechnical and Hydrogeological Drilling, a Feasibility Study, and an Environmental and Social Impact Assessment [4][5] Project Significance - Quiulacocha is recognized as one of the largest historic tailings resources globally, targeting the recovery of silver, base metals, gallium, and indium, which are essential for advanced technologies [3][6] - The project aligns with the strengthened cooperation between the United States and Peru regarding secure and responsible mineral supply chains [7] Company Strategy - Cerro de Pasco Resources focuses on reprocessing and remediating historic mining waste to unlock value while promoting environmental sustainability [8]

Group 1 - China Gold International is a gold and base metal mining company operating two mines in China: the CSH Gold Mine in Inner Mongolia and the Jiama Copper-Gold Polymetallic Mine in Tibet [2] - The company's objective is to enhance shareholder value by increasing production at existing operations, expanding its resource base, and pursuing new international projects [2] - China Gold International is listed on both the Toronto Stock Exchange (TSX: CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKE X: 2099) [2] Group 2 - The PDAC Convention is recognized as the world's premier mineral exploration and mining convention, attracting over 1,100 exhibitors, 2,500 investors, and 26,000 attendees [3] - The convention has been held annually in Toronto, Canada, since 1932 and has grown significantly in size and influence within the mineral industry [4] - Participants at the convention can engage in programming, courses, and networking events, enhancing their connections within the industry [3]

Company Overview - DLP Resources Inc. is a mineral exploration company focused on Base Metals and Cobalt, operating in Southeastern British Columbia and Peru [2] - The company is publicly traded on multiple exchanges, including TSX-V under the symbol DLP, OTCQB as DLPRF, and FSE as J8C [2] Industry Event - DLP Resources Inc. will participate in the Prospectors & Developers Association of Canada's (PDAC) Convention, which is a significant event for the mineral exploration and mining industry [1] - The PDAC Convention is recognized as the world's premier event for individuals and organizations involved in mineral exploration, featuring over 1,100 exhibitors and 26,000 attendees [3][4] - The convention has been held annually in Toronto since 1932 and has grown in size and influence, making it a key event for the global mineral industry [4]

Group 1 - The company will commence trading under its new name, Inspiration Mining Corp., on the Canadian Securities Exchange on February 26, 2026, with the ticker symbol "ISP" remaining the same [1] - The new CUSIP number will be 45791Q100 and the new ISIN number will be CA45791Q1000 [1] - The CEO of Inspiration Mining Corp., Charles Desjardins, expressed that aligning the name with the company's focus is logical, and noted that Ramp Metals Inc. has started drilling on trend with their copper/gold project [2] Group 2 - Inspiration Mining Corp. is a Canadian mineral exploration company focused on acquiring and developing gold and base metal properties [4] - The company's flagship assets, Rottenstone North and Rottenstone West, position it as one of the largest landholders in a new gold-copper VMS discovery corridor in Canada [4]

Core Viewpoint - Clarity Metals Corp. has secured Technominex as the drilling contractor and project manager for its upcoming drill program at the Fecteau Gold Project, aiming to explore gold and base metal mineralization in the Abitibi region of Quebec [1][3]. Company Overview - Clarity Metals Corp. is a Canadian mineral exploration company focused on acquiring, exploring, and developing precious and base metals projects, with a global exploration mandate [16]. Drilling Program Details - The planned drill program will consist of approximately 3,650 meters of NQ-size diamond core drilling across five target areas [2][4]. - The program includes access road and drill pad preparation, execution of the drilling program, geological logging, core sampling, and coordination of sample analysis through an independent certified assay laboratory [2]. Target Areas - **Fecteau Est**: Follow-up drilling to investigate additional high-grade structures, building on previous results such as 14.91 g/t Au over 1.0m and 5.98 g/t Au with 0.87% Cu over 0.6m [4]. - **SW Target Area**: Testing the southern limb of the Fecteau syncline at the main reverse fault, representing a structurally complex zone with significant exploration potential [5]. - **North Central Target**: Targeting northern-most conductors identified through historical VTEM EM data, aiming to correct previous drilling misalignments [6]. - **Syncline Drill Area**: Focusing on second-order structures interpreted from magnetic data, designed to test downdip continuity of promising structures [7]. - **Buteux-Marceau**: Testing a ~1.2 km conductor and magnetic high, where previous work returned 4.11 g/t Au from a grab sample [8]. Historical Context - The Fecteau Property is located in the Abitibi Greenstone Belt, near significant mining projects, with a total of 17,815 meters drilled since the mid-1970s, averaging only 207 meters in depth, indicating substantial untested potential [9].