Category: investingnews

The company said it is revising its strategy in order to maximize the region’s geological potential. In addition to its plans for Pezão and Pé Quente, Aura is conducting ongoing exploration at the Serrinhas and X2 targets. Pezão and Pé Quente cover six mineral rights and span over 28,000 hectares in the Alta Floresta gold...

The gold price has dropped off in February, but remains much higher than it was just a few months ago. Wagner emphasized that the Fed can’t solve inflation on its own, noting that if the government keeps printing money it will be impossible to rein in. “The most important thing that I believe the Fed...

The Resources Online platform will be a single-user portal that will provide better customer experiences and improve business processes when lodging environment applications under the Mining Act 1978 and state petroleum legislation. “It will ultimately replace the current Environmental Assessment and Regulatory System,” DEMIRS said, adding that the portal is a key deliverable under the...

“Because of the recent depressed market for mineral exploration companies, we decided to be financially prudent and hold off on undertaking a drill program this season,” said President and CEO Mac Balkam. Led by experienced geologist Ken McNaughton, Eskay focused on advancing its understanding of key areas in BC’s Golden Triangle region. The company’s work,...

In his view, it would be “pretty simple” for the yellow metal to reach US$3,000 per ounce in the next 12 months. Looking longer term, Holmes mentioned much higher levels for gold as well as silver. “Silver is very inexpensive — I think that silver should be US$100 an ounce personally. And I think that...

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The Company recently applied for two new exploration licenses to the east of Siberian Tiger, increasing the Leinster South project area to more than 430km2. This is a significant landholding in one of the most well-endowed gold regions of WA. The Siberian Tiger gold discovery is located along the southern limb of the Lawlers anticline...

Following review of its prospectus dated 13 August 2024 (“Prospectus“) by the Australian Securities and Investments Commission (“ASIC“), the Company has issued a replacement prospectus (“Replacement Prospectus“) to clarify the scalability and global usage of Direct Lithium Extraction (“DLE“) and the Company’s reliance on renewable energy and potential exposure to fossil fuels. The Replacement Prospectus...

Highlights The Northern Zone Project has an Exploration Target of 200 to 250 million tonnes at a grade of 0.4 g/t to 0.6 g/t Au for an Exploration Target of 2.5 to 4.8 million oz of gold, as announced by RGL to the ASX on the 9 May 2023. Cautionary Statement: The potential quantity and...

Anax’s Managing Director, Geoff Laing commented: “These results again demonstrate the high-grade nature of this VMS deposit, and we are pleased with the outcomes of this drilling campaign. The team will continue to focus on leveraged growth outcomes at Whim Creek and we look forward to providing ongoing updates on the near mine exploration along...