Sagittarius Mines, the company behind the Tampakan copper-gold project in the Philippines, is actively searching for a strategic partner to assist in its development. The company's CEO, Roy Deveraturda, has expressed interest in a partner that can provide "modern technology" to support the project's advancement, reported Bloomberg. The Tampakan copper-gold project is set to become the Philippines' largest gold and copper mine. Situated on the southern Mindanao Island, it is expected to produce approximat ...

Silver Bullet Mines Increases Concentrate Gold Grade to 27 oz/ton from KT Mine, Arizona and Sees Visible Gold at KT Mine, ArizonaOctober 01, 2025 9:49 AM EDT | Source: Silver Bullet Mines Corp.Burlington, Ontario--(Newsfile Corp. - October 1, 2025) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ("SBMI" or "the Company") is pleased to announce positive developments related to its wholly-owned KT Mine in Arizona. First, as the Company finetunes the milling process for the KT material it ...

Core Viewpoint - Silver Bullet Mines Corp. (SBMI) has reported highly successful results from a bulk sample taken from the KT Mine in Arizona, indicating significant gold and silver values that align with historical data from the previous owner [1][4]. Group 1: Acquisition and Sampling - SBMI acquired the KT Mine on July 23, 2025, and processed approximately 50 tons from a 400-ton waste material sample, yielding an average of 0.3 oz/ton gold, with peaks of 1.8 oz/ton [2]. - Additional random samples from the concentrate were sent to Activation Laboratories Ltd. for analysis, revealing gold values as high as 23.6 oz/ton and silver values reaching 28 oz/ton [3]. Group 2: Processing and Operations - The company is currently shipping more material from the KT Mine to the mill for processing to produce a concentrate for sale [4]. - SBMI has improved site access and secured the area, with ongoing efforts to define the vein structure, which has been traced for over 1000 feet [5][6]. Group 3: Future Prospects - The KT property and the Super Champ Mine are believed to have significant potential for high-grade gold and silver production, prompting SBMI to work on increasing mill capacity and adding circuits for mineral recovery [9]. - The company is awaiting results from a third-party multi-element analysis on concentrate from the Super Champ Mine to advance the sales process [10].

Summary of FireFly Metals Conference Call Company Overview - **Company**: FireFly Metals (OTCPK:MNXM.F) - **Key Asset**: Green Bay copper-gold project located in Newfoundland, characterized as a large-scale, high-grade copper and gold VMS (Volcanogenic Massive Sulfide) style deposit [1][3] Core Industry Insights - **Shift from Gold to Copper**: The company has pivoted focus from gold to copper due to strong macroeconomic trends favoring copper, with many gold companies also seeking to add copper to their portfolios [2] - **Demand and Supply Challenges**: There is an anticipated increase in demand for copper, while finding new deposits is becoming increasingly difficult due to lower grades, reduced discovery rates, and higher capital intensity [3] Financial Performance - **Market Capitalization Growth**: The company's market cap has surged from AUD 70 million to AUD 820 million in less than two years [4] - **Current Financial Position**: The company has completed a capital raise, holding AUD 145 million in the bank, with no debt or offtake agreements, indicating strong financial health [7] Exploration and Development - **Drilling Campaign**: The company is conducting an intensive drilling campaign with eight rigs on-site, having added 20 million tons to the resource while maintaining a grade of around 2% copper equivalent [5][6] - **Resource Update**: A resource update is expected in early November, with current estimates at 60 million tons at 2% copper equivalent [16] Infrastructure and Operational Advantages - **Existing Infrastructure**: The project benefits from inherited surface and underground infrastructure, including wastewater treatment plants and offices, which reduces the capital required to restart operations [17][19] - **Environmental Assessment**: The company received environmental assessment approval in just 45 days, showcasing strong community and governmental support [19] Geological Insights - **High-Quality Ore**: The deposit is noted for its high-quality ore, with metallurgical tests showing recoveries of up to 98% for copper and 85% for gold [19] - **Geophysical Exploration**: The company is utilizing modern geophysical methods to identify conductive anomalies that may indicate additional VMS deposits [28][29] Future Catalysts - **Upcoming Reports**: Investors can expect more drill results, a resource update later this year, and a comprehensive mining study (PEA plus) in the first quarter of the following year [32][33] Community and Regulatory Environment - **Supportive Environment**: Newfoundland ranks in the top six globally for mining policy, with a supportive community and government, contrasting with other regions like Western Australia [14] Conclusion - FireFly Metals is positioned to capitalize on the growing demand for copper with a high-quality asset, strong financial backing, and a supportive operational environment, making it a compelling investment opportunity in the mining sector [12][13]

Summary of Conference Call Company and Industry - **Company**: Alkane Resources Limited - **Merger**: Alkane is merging with Mandalay Resources, a TSX listed company, with the merger closing on August 5 [1][3] Core Points and Arguments - **Production and Financials**: - In the last twelve months, Alkane produced 161,000 ounces from three operating mines located in New South Wales, Victoria, and Sweden [2] - The combined market capitalization of the merged entity is approximately $900 million, with cash in the bank as of June 30 being AUD $218 million and net cash around AUD $150 million after transaction costs [2] - **Transaction Details**: - The merger involves a nil premium structure, with a shareholder vote scheduled for Monday [3][4] - **Mine Operations**: - Key assets include: - **Tommingly**: Existing asset since 2014, produced 70,000 ounces last year, expected to increase production this year [5] - **Costerfield**: Producing 50,000 ounces, noted as the largest Western producer of Antimony [5][12] - **Bjorkdal**: Another 50,000 ounces produced, located below the Arctic Circle [6] - **Future Production Expectations**: - The merged entity anticipates producing 40,000 ounces equivalent quarterly, with cash growth of under $25 million quarter on quarter [7] - Expected cash build exceeding $100 million in the next year [8] - **Mine Life and Stability**: - Focus on stabilizing production and extending mine lives: - Tommingly: 8-year mine life, 70,000-80,000 ounces [9] - Yorkdale: 10-year mine life, 50,000 ounces [9] - Costerfield: 4-year mine life, with efforts to extend it [9] - **Exploration and Expansion**: - Ongoing exploration drilling at Costerfield and Bjorkdal to identify high-grade opportunities [20][22] - Plans to ramp up drilling to extend mine life and secure permits for new areas [27] - **Bodekaiser Project**: - A large copper-gold porphyry project with 15 million ounces equivalent in the ground, aiming for joint venture opportunities in the future [28][29] Additional Important Content - **Market Positioning**: - Both Alkane and Mandalay are considered subscale with market caps around $400 million and $500 million respectively, leading to the merger to create a more significant entity [30] - The merged company aims to attract passive funds by moving into larger indexes like ASX 300 and GDXJ, which could enhance liquidity and market presence [32] - **Operational Costs**: - Current operational costs for Tommingly are in the range of $2,000 to $2,300 per ounce [26] - Bjorkdal operates at a low cost of 3¢ per kilowatt hour for power, making it profitable even at lower grades [20] - **Investor Communication**: - Emphasis on demonstrating the potential for continued profitability and growth to investors, encouraging them to engage with their brokers regarding future investment opportunities [32][33]

Core Viewpoint - Osisko Development Corp. announced positive results from the optimized Feasibility Study for the Cariboo Gold Project, confirming strong economics for a low-impact underground operation with favorable operating costs and capital requirements [2][3]. Project Overview - The Cariboo Gold Project is a 100%-owned, permitted gold project located in central British Columbia, Canada, designed as a traditional underground operation using mechanized bulk mining methods [2][5]. - The 2025 Feasibility Study (FS) was completed by BBA Engineering Ltd. and adheres to National Instrument 43-101 standards [2]. Economic Metrics - The base case gold price is set at $2,400/oz, with a net present value (NPV) of $943 million and an internal rate of return (IRR) of 22.1% [5][6]. - Under a spot case scenario with a gold price of $3,300/oz, the NPV increases to $2,066 million, and the IRR rises to 38.0% [5][6]. - Average annual free cash flow is projected at $158 million, with $296 million in the first five years [6][9]. Production and Costs - The project anticipates an average annual production of approximately 190,000 ounces of gold over a 10-year mine life, with first gold expected in the second half of 2027 [6][34]. - The average all-in sustaining costs (AISC) are estimated at $1,157/oz, placing the project in the lower half of the global cost curve for gold mines [6][9]. Improvements from Previous Studies - The 2025 FS incorporates significant improvements over the 2023 FS, including a streamlined processing facility and enhanced metallurgical recovery, resulting in an overall gold recovery of 92.6% [6][7][50]. - The average stope size has increased by approximately 60%, reducing the total number of stopes required [11][38]. Capital Expenditures - Initial capital costs are estimated at $881 million, with sustaining capital costs over the life of the mine projected at $525 million [6][69]. - Total cumulative capital costs, including reclamation and closure costs, are estimated at $1,307 million [69]. Permitting and Community Engagement - The project has received necessary permits, including the Environmental Assessment Certificate and Mines Act permits, solidifying its shovel-ready status [72][73]. - The company is committed to engaging with Indigenous nations and local communities to ensure mutual benefits from the project [73][76]. Future Opportunities - There are significant opportunities for further optimization and enhancement of the project's economics, which will be detailed in the forthcoming Technical Report [77][78].