Charl Peenze MBA, MScMee, MScGeol, MAusIMM(CP)’s Post

Steppe Gold Ltd.  TSX: STGO   OTCQX: STPGF ***BIG NEWS FROM MONGOLIA*** CONGRATULATIONS to Aneel Waraich and the rest of the team at Steppe Gold #proactiveinvestors #steppegoldlimited #tsx Steppe Gold Executive Vice President Aneel Waraich joined Steve Darling from Proactive to unveil a major development that propels the company to the forefront as Mongolia's premier gold producer. During the interview, Waraich disclosed that the company has successfully entered into a binding term sheet to acquire Boroo Gold LLC, a renowned gold producer boasting an impressive average gold production of over 60,000 ounces annually. Furthermore, Boroo Gold's anticipated mine life extends beyond 2030, cementing its status as a significant asset. Waraich went on to explain that this strategic acquisition positions Steppe Gold as the leading gold producer in Mongolia. The company now has a near-term production target of an astounding 200,000 ounces per annum, which includes the committed ATO Gold Mine Phase 2 Expansion. As a result of this move, Steppe Gold's production is set to experience a substantial increase, soaring from 30,000 to 90,000 ounces per annum once the Proposed Transaction is finalized. Additionally, the deal is expected to contribute to Steppe Gold's already impressive existing resource base of over 4,000,000 ounces AuEq, solidifying its position as a dominant player in the industry. #proactiveinvestors #steppegoldlimited #tsx #stgo #otcqx #stpgf #mining #gold #MongoliaMining #MiningIndustry #ResourceAcquisition #PreciousMetals #InvestmentOpportunity #EconomicGrowth #MiningNews #BoruAcquisition #MiningInAsia #SteppeGoldExpansion #GoldProduction #StrategicMove #MarketLeadership #AsiaInvestment #MiningInvestment #EVPInterview #GoldMarket #MiningExploration #MongolianAssets #FinancialNews #SteppeGoldGrowth #MiningDevelopments #HongKongListing#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews At a Glance Shares Issued (AS OF TODAY - 104,530,613 | Market Cap 68,990,000 Year High 1.28 | Year Low 0.60 | TODAY 0.67 Analyst Coverage: Stifel Financial Corp., Fundamental Research Corp., Haywood Securities Inc., Hannam & Partners For more information: Aneel Waraich EVP & Director aneel@steppegold.com

FireFly Metals Ltd (ASX:FFM) has opted to expand a share purchase plan (SPP), originally seeking $5 million, to $8 million after receiving overwhelming demand for share subscriptions totalling $27.7 million. Of the 4,767 shareholders eligible, a stunning 31.89% or 1,520 opted to subscribe for shares under the SPP, for an average of $16,912 each. The enthusiasm comes ahead of a mineral resource update for the Green Bay Copper-Gold Project, set to be released this month with another planned for the first half of 2025 – four drilling rigs are currently at work onsite. “We are delighted to have had such a strong response to the SPP from our shareholders,” Firefly Metals managing director Steve Parsons said. “We have an exceptional copper asset at Green Bay and we firmly believe that there is further substantial value to be created for shareholders by growing the resource..." More at #Proactive #ProactiveInvestors #ASX #FFM #GoldStocks #MiningAustralia #GoldMining http://ow.ly/3oKM105MVB7

Alto Metals Ltd (ASX:AME) has entered into a Scheme Implementation Deed (SID) with Brightstar Resources Ltd (ASX:BTR) which will see the latter acquire 100% of Alto to consolidate the Sandstone #gold district in Western Australia. Under the scheme, Alto shareholders will receive four Brightstar shares for each Alto share held on the record date with this consideration having an implied value of approximately 6 cents per Alto share. This represents a significant premium of ~82% to the closing Alto share price of 3.3 cents per share on July 30, 2024, and ~81% to Alto’s 30-day VWAP of 3.3 cents per share up to and including July 30 and implies a fully diluted equity value for Alto of $44.4 million. More at #Proactive #ProactiveInvestors #MiningAustralia #GoldMining #GoldStocks #MergersandAcquisitions http://ow.ly/toQ2105CYW5

Seventy Ninth Resources, a prominent natural resource concession holder, has announced the acquisition of two gold concessions, McKellar and Enable, from First Class Metals PLC. These concessions, located in Marathon and Terrace Bay, Ontario, mark Seventy Ninth Resources' entry into the Canadian gold exploration market through its partnership with First Class Metals. 'The concession acquisitions of McKellar and Enable are significant milestones and an exciting step towards building a pipeline of quality, data-verified exploration projects in Canada,' said Natalie Bellis, CEO of Seventy Ninth Resources. One of the concessions also includes base metals like zinc and copper, aligning with the company's diversification strategy. Marc. J Sale, CEO of First Class Metals, expressed enthusiasm for the partnership, stating, 'We are excited about the opportunity to collaborate further with Seventy Ninth Resources to develop their Canadian portfolio; alongside advancing and maximising the potential of theirs and FCM's newly acquired assets.' With the intention to list on the Toronto Stock Exchange Venture in late 2024, Seventy Ninth Resources aims to expand its global natural resource offerings while prioritizing environmental, social, and governance (ESG) practices. #miningnews #goldexploration #canadianmining @seventyninthresources @firstclassmetals

Developments are coming thick and fast for Copper 360, the AltX listed junior #copper miner focused on reviving the #NorthernCape's once-thriving #CopperMining industry. CEO Jan Nelson tells Arthur Tassell that a combination of new #acquisitions, in-house expansion and #exploration success mean that a #copper production of 50 kt a year is within reach within five years, which would make Copper 360 South Africa’s leading copper producer. #Issue204 https://lnkd.in/d59dAsFh

Calling all investors interested in the #gold and #copper sectors. Dive into the full conversation to uncover Forte's forward-looking strategies and how our recent acquisitions of the Alto Ruri and Cerro Quillo prospects in central Peru. 🌍 In a recent interview, CEO Patrick Elliott and Andrew O'Donnell from Market Mindset shed light on the strategic significance of acquiring the Alto Ruri and Cerro Quillo prospects. They highlight the historical drilling results, which show substantial gold values, and the proximity to Barrick's Pierina Mine, underlining the promising exploration potential of these prospects. 🛠️ This initiative strengthens our asset base and demonstrates our unwavering commitment to shareholder value🌱 📺 Watch the full interview here: https://shorturl.at/gAQ24 For more details on our strategic acquisition announced on March 4th, read our press release: https://shorturl.at/gzIOU #goldmining #coppermining #sustainablemining #investmentopportunity #miningindustry

Kincora Copper Limited (TSX-V:KCC, ASX:KCC, OTC:BZDLF) CEO Sam Spring tells Proactive's Stephen Gunnion the company looking for partners for its portfolio of assets in the central west of New South Wales, Australia, a region noted for significant #copper deposits. Kincora, a copper porphyry explorer and project generator, holds a strategic position in the Macquarie Arc, featuring both early-stage prospects and advanced projects like Fairholme and Trundle, located within a globally significant mineral system with existing infrastructure. The region has witnessed substantial mergers and acquisitions activity, including Newmont's acquisition of Newcrest Mining and Metals Acquisition Limited (ASX:MAC, NYSE:MTAL)'s purchase of the CSA copper mine from Glencore, indicating a high level of corporate interest and investment. Watch at #Proactive #ProactiveInvestors #TSXV #ASX #OTC #KCC #BZDLF #CopperMining #CopperStocks https://lnkd.in/e6mTYBKH

🚨 M&A ALARM SET OFF IN WA GOLD SECTOR 🚨 With gold prices soaring to US$2650/oz, mergers and acquisitions (M&A) are sweeping through Western Australia’s goldfields. 🏆 As the region’s explorers rush to position themselves, big players like Gold Fields might be gearing up for major moves. Could Astral Resources (ASX: AAR) be next in line for acquisition? Here's what you need to know! 👇 Key Developments 🛠️ 🔸 Vault Minerals: Red 5 & Silver Lake merged in a $2.2bn deal to form this 12.4Moz gold powerhouse. 🔸 Gold Fields: Its St Ives operation is underutilised. With 73% of its energy soon coming from renewables, it might soon strike a deal with local juniors. 🔸 Mandilla Project (Astral Resources): Astral is advancing its 1Moz+ gold project, positioning itself for production. New funds are accelerating drilling, with high-grade discoveries at Theia (21.3g/t) and a 116,000oz upgrade planned at Feysville. Astral could transform into a 100,000ozpa gold producer, making it highly attractive to suitors! 💰 🔸 Javelin Minerals: Resource at Coogee increased by 158%, and drilling continues to extend deposits. 🔸 Torque Metals: Paris project delivers 250,000oz across shallow and underground deposits. 🔑 Key Takeaway: Astral Resources’ Mandilla Gold Project is emerging as a prime acquisition target. With the right buyer, Astral could see further expansion and position itself as a major regional gold producer. Gold Fields might just pull the trigger soon! 🎯 Read the Editorial Here: 👉 https://lnkd.in/gXmeqpAz #AstralResources #GoldFields #MandillaProject #MergersAndAcquisitions #WAmining #GoldInvestment #MiningNews #StockMarketUpdates #GoldExploration #AstralGold #AustralianMining #MiningLife #AstralResourcesM&A #StIvesMining #BetaHunt #PreciousMetals #TorqueMetals #GoldBullion #JuniorMiners #GoldStocks #WestAustralia

President and CEO of Revival Gold Inc. Hugh Agro, joins Deb and Magda from Adelaide Capital for an investor update webinar to share details on their recent acquisition news and financing! TSXV: RVG // OTCQX: RVLGF Revival Gold is a growth-focused gold exploration and development company. The Company is advancing the Beartrack-Arnett Gold Project located in Idaho, USA. Beartrack-Arnett is the largest past-producing gold mine in Idaho. The Project benefits from extensive existing infrastructure and is the subject of a recent Preliminary Feasibility Study for the potential restart of open pit heap leach gold production operations. Since reassembling the Beartrack-Arnett land position in 2017, Revival Gold has made one of the largest new discoveries of gold in the United States in the past decade. The mineralized trend at Beartrack extends for over five kilometers and is open on strike and at depth. Mineralization at Arnett is open in all directions. https://lnkd.in/gvGHRfEz

Developments are coming thick and fast for Copper 360, the AltX listed junior copper miner focused on reviving the #NorthernCape's once-thriving #CopperMining industry. CEO Jan Nelson tells Arthur Tassell that a combination of new #acquisitions, in-house expansion and #exploration success mean that a #copper production of 50 kt a year is within reach within five years, which would make Copper 360 South Africa’s leading copper producer. #Issue204 https://lnkd.in/d59dAsFh