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i-80 Gold Soars Over 144% In Last Six Months While It Reports Major Refurbishment Progress at Lone Tree Plant
Yahoo Finance· 2026-01-08 10:01
i-80 Gold Corp. (NYSE:IAUX) is one of the 9 Best Junior Gold Mining Stocks to Buy Now. i-80 Gold Corp. (NYSE:IAUX) shares have surged over 144% over the past six months. Analysts covering IAUX remain bullish on the stock with a consensus Buy rating as the stock has a median price target of $1.95. This reflects a healthy upside potential of just over 29% as of January 5. On December 18, i-80 Gold Corp. (NYSE:IAUX) reported major refurbishment progress of its Lone Tree Plant in North Nevada. The company s ...
Denarius Metals Granted the "Cruzadillo" Investigation Permit near Its Lomero Project, Huelva Province, Andalusia, Spain
Newsfile· 2025-09-29 11:00
Core Viewpoint - Denarius Metals Corp. has been granted the Cruzadillo Investigation Permit, expanding its exploration area near the Lomero Project in Spain, which enhances its potential for discovering additional polymetallic deposits [2][3][6]. Group 1: Permit Details - The Cruzadillo Investigation Permit covers approximately 60 hectares and is located less than 1 km from the Lomero Project, increasing Denarius Metals' total property holdings in the Iberian Pyrite Belt to approximately 665 hectares [2][6]. - The permit is significant as it provides legal coverage over the land between Cruzadillo and existing investigation permits, allowing the company to influence an additional 141 hectares within the Iberian Pyrite Belt [6][7]. Group 2: Exploration Potential - The Cruzadillo area is believed to host geophysical anomalies associated with gossan outcrops, indicating the potential for discovering additional polymetallic deposits [3][4]. - The area is crossed by the potential western extension of the Las Merinas target, which lies along a major shear zone, enhancing the exploratory potential for the Lomero Project [4][6]. Group 3: Historical Context - The Cruzadillo Mine was historically mined starting in 1882, with operations halting in 1892. The mining activities revealed multiple ore lenses and significant mineralization, which may still hold potential for further exploration [5][6]. - Historical exploration efforts in the area continued into the 1960s, leading to the discovery of additional mineralization, indicating a rich geological history that could be leveraged for future mining activities [5][6]. Group 4: Future Plans - The company is currently designing a systematic exploration and drilling campaign for 2026, which will include drilling targets at Cruzadillo to test for the presence of polymetallic bodies that could increase the current mineral resources of the Lomero Project [3][8].
Walker Lane Resources Ltd. Announces Closing of Private Placement
Globenewswire· 2025-07-24 08:01
Core Viewpoint - Walker Lane Resources Ltd. has successfully closed a non-brokered private placement, raising a total of $386,000 through the issuance of non-flow through and flow-through units [1][2]. Group 1: Private Placement Details - The company issued 2,508,335 non-flow through units (NFT Units) at a price of $0.12 each, generating gross proceeds of $301,000 [1]. - Additionally, 607,143 flow-through units (FT Units) were issued at a price of $0.14 each, raising gross proceeds of $85,000 [1]. - Each NFT Unit and FT Unit consists of one common share and one common share purchase warrant, with warrants exercisable for two years at $0.16 per common share [1]. Group 2: Insider Participation - An insider subscribed for a total of 1,178,571 units, including 750,000 NFT Units and 428,571 FT Units, which is classified as a "related party transaction" under Multilateral Instrument 61-101 [2]. - The company utilized exemptions from valuation requirements and minority approval due to the insider's participation not exceeding 25% of the company's market capitalization [2]. Group 3: Use of Proceeds - Proceeds from the sale of FT Units will be allocated to Canadian exploration expenses and flow-through mining expenditures, particularly for exploration at the Amy and Silver Hart Properties in the Rancheria Silver District [3]. - The net proceeds from NFT Units will be used for properties in Nevada, including Tule Canyon, Cambridge, and Silver Mountain, as well as for general working capital [3]. - Both FT and NFT Units are subject to a four-month hold period [3]. Group 4: Company Overview - Walker Lane Resources Ltd. is focused on exploring high-grade gold, silver, and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C. [4]. - The company plans to initiate exploration programs to advance the Tule Canyon and Amy projects to the resource definition stage through upcoming drilling campaigns [4][5].
Walker Lane Resources Announces Terms for Private Placement Units to Raise C$1,320,000
Globenewswire· 2025-06-10 08:00
Core Viewpoint - Walker Lane Resources Ltd. is initiating a non-brokered private placement to raise up to C$1,320,000 through the issuance of units at specified prices [1][2]. Group 1: Offering Details - The offering consists of 4,000,000 non-flow through units priced at C$0.12 each and 6,000,000 flow-through units priced at C$0.14 each [1]. - Each unit includes one common share and one full warrant, allowing the purchase of one non-flow-through common share at C$0.16 for 24 months post-closing [2]. - The closing date is expected on or before a specified date, subject to customary conditions and regulatory approvals [2]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to fund property expenses and exploration activities at the company's properties in Yukon, British Columbia, and Nevada, including drilling on the Amy Project [6]. - Additional funds will be used for general working capital [6]. Group 3: Company Overview - Walker Lane Resources Ltd. focuses on exploring high-grade gold, silver, and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C. [5]. - The company plans to implement an aggressive exploration program to advance its projects, particularly the Amy Project, which is currently under review for an exploration permit [5].
Power Metallic Acquires 167KM² from Li-FT Power, Expanding Nisk - Lion Polymetallic Project Area by over 300%
Prnewswire· 2025-06-09 07:00
Core Viewpoint - Power Metallic Mines Inc. has executed a definitive agreement to acquire a 100% interest in 313 mineral claims totaling 167 km² from Li-FT Power Ltd, significantly expanding its land position and exploration potential in the Nisk Project Area [1][12]. Acquisition Details - The acquisition involves a cash payment of $700,000 and the issuance of 6,000,000 common shares, with specific hold periods for the shares [5]. - The acquisition will increase Power Metallic's land position by over 300% to approximately 212.86 km², securing significant strike lengths on both the northern and southern margins of the basin [1][12]. Exploration Potential - The Nisk-Lion-Tiger discoveries have established a new polymetallic district with considerable potential for additional deposits, which are globally rare but cluster at district and camp scales [2][3]. - The newly acquired land covers an additional 20 km of strike length along the northern margin and 30 km along the southern margin, identified as prospective through regional geophysics [3][4]. Drilling Program - Power Metallic has a fully funded 100,000-metre drill program planned through 2026, with initial drilling resuming in the Nisk-Lion-Tiger area [6][9]. - The company aims to systematically explore new sulphide occurrences while expanding established resources [9]. Strategic Insights - The consolidation of the Li-FT ground allows Power Metallic to apply geological insights across a district-scale footprint, enhancing the potential for discovering new deposits [9]. - The company is leveraging the expertise of its board and exploration team to maximize the value of the emerging polymetallic mineral district [9].
Walker Lane Resources to Present at Sidoti Virtual Investor Conference, May 21-22, 2025
Globenewswire· 2025-05-20 14:35
Company Overview - Walker Lane Resources Ltd. is a growth-stage exploration company focused on high-grade gold, silver, and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C. [5] - The company plans to initiate an aggressive exploration program to advance the Tule Canyon and Amy projects through a drilling program aimed at resource definition in the near future [5]. Upcoming Events - Kevin Brewer, President and CEO of Walker Lane Resources Ltd., will present and host one-on-one meetings with investors at the Sidoti May Virtual Investor Conference on May 21-22, 2025 [1][2]. - The presentation will provide updates on opportunities arising from recent property acquisitions in the Walker Lane Gold Trend and exploration plans for the 2025 season, scheduled for May 21, 2025, from 3:15-3:45 PM (Eastern Standard Time) [2]. Investor Engagement - Investors can register for the presentation or one-on-one meetings for free, without needing to be a Sidoti client [3]. - Sidoti Events, LLC, formed by Sidoti & Company, focuses on corporate access and hosts eight investor conferences annually, benefiting from Sidoti's extensive network in the small and microcap sectors [4].