September 9, 2024 – Element79 Gold Corp. (CSE: ELEM, OTC: ELMGF, FSE 7YS, the “Company” or “Element79 Gold”) is pleased to announce that it has entered into a definitive agreement to sell a 100% interest in the Elder Creek, North Mill Creek, and Elephant projects, all located in Lander County, Nevada, to 1472886 B.C. Ltd. (“1472886”), a private British Columbia-based company. The transaction, which is a strategic decision by Element79 Gold to streamline its asset portfolio and focus on its core projects, involves the transfer of all rights and obligations, including historical data and core materials in the following properties: – Elder Creek Project: Six unpatented claims – North Mill Creek Project: Twenty-three unpatented claims – Elephant Project: One hundred ninety-seven unpatented claims As part of the agreement, Element79 Gold Corp. will receive a non-refundable cash payment of USD 45,200 and an aggregate of 5,000,000 common shares of NEWCO at a deemed price of C$0.10 per share, for a total consideration of C$545,200. https://lnkd.in/gEijU6-F #Element79Gold #MiningDiscovery #GoldMining #NevadaMining #MiningProjects #ElderCreek #NorthMillCreek #ElephantProject #AssetSale #MiningDeals #GoldExploration #CSEStocks #OTCStocks #MiningNews #GoldInvesting #PreciousMetals #MiningIndustry #ExplorationNews #1472886BCLtd #LanderCounty #MiningTransactions
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September 9, 2024 – Element79 Gold Corp. (CSE: ELEM, OTC: ELMGF, FSE 7YS, the “Company” or “Element79 Gold”) is pleased to announce that it has entered into a definitive agreement to sell a 100% interest in the Elder Creek, North Mill Creek, and Elephant projects, all located in Lander County, Nevada, to 1472886 B.C. Ltd. (“1472886”), a private British Columbia-based company. The transaction, which is a strategic decision by Element79 Gold to streamline its asset portfolio and focus on its core projects, involves the transfer of all rights and obligations, including historical data and core materials in the following properties: – Elder Creek Project: Six unpatented claims – North Mill Creek Project: Twenty-three unpatented claims – Elephant Project: One hundred ninety-seven unpatented claims As part of the agreement, Element79 Gold Corp. will receive a non-refundable cash payment of USD 45,200 and an aggregate of 5,000,000 common shares of NEWCO at a deemed price of C$0.10 per share, for a total consideration of C$545,200. https://lnkd.in/gEijU6-F #Element79Gold #MiningDiscovery #GoldMining #NevadaMining #MiningProjects #ElderCreek #NorthMillCreek #ElephantProject #AssetSale #MiningDeals #GoldExploration #CSEStocks #OTCStocks #MiningNews #GoldInvesting #PreciousMetals #MiningIndustry #ExplorationNews #1472886BCLtd #LanderCounty #MiningTransactions
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September 9, 2024 – Element79 Gold Corp. (CSE: ELEM, OTC: ELMGF, FSE 7YS, the “Company” or “Element79 Gold”) is pleased to announce that it has entered into a definitive agreement to sell a 100% interest in the Elder Creek, North Mill Creek, and Elephant projects, all located in Lander County, Nevada, to 1472886 B.C. Ltd. (“1472886”), a private British Columbia-based company. The transaction, which is a strategic decision by Element79 Gold to streamline its asset portfolio and focus on its core projects, involves the transfer of all rights and obligations, including historical data and core materials in the following properties: – Elder Creek Project: Six unpatented claims – North Mill Creek Project: Twenty-three unpatented claims – Elephant Project: One hundred ninety-seven unpatented claims As part of the agreement, Element79 Gold Corp. will receive a non-refundable cash payment of USD 45,200 and an aggregate of 5,000,000 common shares of NEWCO at a deemed price of C$0.10 per share, for a total consideration of C$545,200. https://lnkd.in/gJR8iAUq #Element79Gold #MiningDiscovery #GoldMining #NevadaMining #MiningProjects #ElderCreek #NorthMillCreek #ElephantProject #AssetSale #MiningDeals #GoldExploration #CSEStocks #OTCStocks #MiningNews #GoldInvesting #PreciousMetals #MiningIndustry #ExplorationNews #1472886BCLtd #LanderCounty #MiningTransactions
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Vancouver, British Columbia – TheNewswire - March 28, 2024 - Element79 Gold Corp (the "Company") (CSE:ELEM) (OTC:ELMGF) (FSE:7YS0) Further to the Corporation’s previous Financings announcement, Element79 is pleased to announce the successful completion of its second tranche of its placement for an addition $300,075 of funding through its Non-Brokered Private placement. This second tranche of closing will see the Company issue a total of 1,304,674 Units for this tranche. The second tranche of the placement was largely subscribed to by a strategic investor who recognizes the long-term value and potential of the Company. This investor brings not only capital but also invaluable expertise and connections within the sector which will accelerate the Company’s corporate development. https://lnkd.in/diJ776_F #miningindustry #juniormining #miningnews #miningsector #mininginvestment
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invest in Kazakhstan, I can help you with this
In case you missed it, the commencement of our regional Field Program will target licenses associated with the Teck Resources Limited Strategic Alliance, and Arras’s 100% owned Elemes & Tay Projects! 🇰🇿 👀 For the full read, check out arrasminerals.com/news #kazakhstanmining #investing #foreigninvesting #miningstocks #miningnews #copper #gold
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Arizona Gold & Silver inc. (the “Company” or “Arizona Gold”) (TSX-V: AZS) (OTCQB: AZASF) is pleased to announce that it has closed a non-brokered private placement (the “Private Placement”) of 15,425,090 units (the “Units”) at a price of $0.30 per Unit raising total gross proceeds of CDN$4,627,527.10. Each Unit consists of one common share (the “Shares”) of the Company and one transferable common share purchase warrant (each, a “Warrant“) with each whole Warrant exercisable at a price of $0.40 per Share for a period of three (3) years from closing of the Private Placement. CEO, Mike Stark wishes to acknowledge the continued support from existing shareholders and management increasing their positions, as well new investors. We also welcome Sprott and Rick Rule personally to the Arizona Gold & Silver Inc. share registry. Insiders of the Company subscribed for a total of 174,000 units. As a result, the Private Placement is a related party transaction (as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”)). The Company relied upon the “Issuer Not Listed on Specified Markets” and “Fair Market Value Not More Than $2,500,000” exemptions from the formal valuation and minority shareholder approval requirements, respectively, under MI 61-101. The Company plans to use the proceeds of the Private Placement for further exploration of the Philadelphia Property in Mohave County, and for general working capital purposes. In connection with the closing of the Private Placement, the Company paid finders’ fees totaling $73,416.11. The finders’ fees are subject to regulatory approval. All securities issued are subject to a four-month hold period. On behalf of the Board of Directors: Arizona Gold & Silver inc. Mike Stark, President, CEO and Director https://lnkd.in/g3e7B8ua #ArizonaGold #PrivatePlacement #GoldAndSilver #MiningDiscovery #MikeStark #ExplorationUpdate #PhiladelphiaProperty #MiningInvesting #Sprott #RickRule #TSXV #OTCQB #GoldExploration #SilverExploration #MineralExploration #MiningIndustry
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Arizona Gold & Silver inc. (the “Company” or “Arizona Gold”) (TSX-V: AZS) (OTCQB: AZASF) is pleased to announce that it has closed a non-brokered private placement (the “Private Placement”) of 15,425,090 units (the “Units”) at a price of $0.30 per Unit raising total gross proceeds of CDN$4,627,527.10. Each Unit consists of one common share (the “Shares”) of the Company and one transferable common share purchase warrant (each, a “Warrant“) with each whole Warrant exercisable at a price of $0.40 per Share for a period of three (3) years from closing of the Private Placement. CEO, Mike Stark wishes to acknowledge the continued support from existing shareholders and management increasing their positions, as well new investors. We also welcome Sprott and Rick Rule personally to the Arizona Gold & Silver Inc. share registry. Insiders of the Company subscribed for a total of 174,000 units. As a result, the Private Placement is a related party transaction (as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”)). The Company relied upon the “Issuer Not Listed on Specified Markets” and “Fair Market Value Not More Than $2,500,000” exemptions from the formal valuation and minority shareholder approval requirements, respectively, under MI 61-101. The Company plans to use the proceeds of the Private Placement for further exploration of the Philadelphia Property in Mohave County, and for general working capital purposes. In connection with the closing of the Private Placement, the Company paid finders’ fees totaling $73,416.11. The finders’ fees are subject to regulatory approval. All securities issued are subject to a four-month hold period. On behalf of the Board of Directors: Arizona Gold & Silver inc. Mike Stark, President, CEO and Director https://lnkd.in/gUTEfZuY #ArizonaGold #PrivatePlacement #GoldAndSilver #MiningDiscovery #MikeStark #ExplorationUpdate #PhiladelphiaProperty #MiningInvesting #Sprott #RickRule #TSXV #OTCQB #GoldExploration #SilverExploration #MineralExploration #MiningIndustry
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Arizona Gold & Silver inc. (TSXV: AZS) (OTCQB:AZASF) (“AZS” or the “Company) is pleased to announce that all resolutions as set out in the Company’s notice of meeting and information circular dated July 18, 2024 were passed at its annual general meeting held in Vancouver B.C. on August 22 2024 (the “AGM”). The shareholders approved all motions put forth at the AGM, including the re-election of the four directors, appointment of Smythe LLP as auditors of the Company and the approval of the Stock Option Plan. A total of 34,909,417 common shares of the Company’s issued and outstanding shares were represented in person or by proxy at the AGM. The following four incumbent directors were re-elected: Mike Stark Greg Hahn Eugene Spiering James Engdahl https://lnkd.in/g_rKivyQ #ArizonaGold #AZS #GoldMining #SilverMining #AGMResults #MiningNews #TSXV #OTCQB #StockOptionPlan #MiningIndustry #PreciousMetals #MiningExploration #VancouverBC #ShareholderMeeting #CorporateGovernance #NaturalResources #MiningInvestors #CompanyUpdates #MiningDiscovery #GoldAndSilver
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With the price of gold on the rise and Lincoln Gold Mining Inc.’s strategic acquisition of the Bell Mountain Project moving forward, I am confident in Lincoln's path to success. Anyone interested in this exciting journey towards near-term gold production, please feel free to reach out. #gold #investors #investments #financing #privateplacement #goldmine #goldmining
We're pleased to announce our latest private placement financing to advance our acquisition and development efforts at the Bell Mountain gold Project in Nevada. To find out more, please check the following link: https://lnkd.in/gDQFQ9up Thank you for your continued interest and support. #gold #goldmining #lincolngold #investors #investing #investment #privateplacement #financing #nevada #lmg #lincolngoldmining
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📢 Today we released our Definitive Feasibility Study (DFS) for McPhillamys, one of Australia’s largest undeveloped open-pit gold projects. On the Study, Regis Resources Ltd Managing Director, Jim Beyer, said: “This study is the culmination of 12 years of work and I want to thank everyone who contributed to this result. The study clearly demonstrates the opportunity and value proposition that was recognised when we acquired the Project in 2012. McPhillamys is a long-life, low operating cost, expandable open pit project. It will produce profitable ounces for our shareholders while generating significant benefits for our local and regional communities and other stakeholders.” DFS highlights include: ✔The Project will recover 1.71Moz of gold over 9.4 years of processing. ✔Peak annual gold production is 235koz, averaging 187koz per year when at full production. ✔Using a Life of Mine (LOM) gold price of $3,000/oz the Project delivers gross revenue of $5.2 billion. ✔With an average All-In Sustaining Cost (AISC) of $1,580/oz, the Project delivers a total EBITDA of $2.8 billion and pre-tax cash flow of $1.5 billion. ✔At a gold price of $3,000/oz, the Project delivers a pre-tax NPV5.5% of $750 million with a pre-tax IRR of 17.1%; post-tax NPV5.5% is $451 million with a post-tax IRR of 13.1%. ✔The Project pre-tax payback period is 5.3 years and the post-tax payback period is 6.1 years. ✔At $3,500/oz, pre-tax NPV5.5% is $1.31 billion with an IRR of 24.5% and a payback period of 3.5 years; post-tax NPV5.5% is $848 million with an IRR of 19.0% and a payback period of 4.0 years. We look forward to continuing with value engineering and optimisation works between now and the Final Investment Decision in FY26. Read the full announcement here 👉 https://bit.ly/3y3fttj #asxnews #goldmining #regisresources #gold
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Hot off the press, our CIO John Forwood's August monthly report for the Lowell Resources Fund. The fund has moved a bit further towards cash (10%) while boosting the exposure to gold to 45% to take advantage of rising #gold (and #silver) prices. Our biggest holding is Mark Zeptner's Ramelius Resources Limited while fund top performer award went to Alaskan goldie Freegold Ventures Limited (Market Cap C$365m FGV.TSX), where the share price rose 105% over July and August. The company, backed by investing legend Eric Sprott, announced drill intersections of 66m at 4.6g/t Au and 45m at 5.5g/t Au at its Golden Summit project in Alaska, 5km from the Kinross Gold Corporation Fort Knox Gold mine. The current pit-constrained primary Indicated and Inferred mineral resource at Golden Summit, using a US$1,792/oz gold price and a 0.75 g/t cut-off, is 12 (twelve) million oz @ 1.35 g/t Au. Read the full report below and learn more about the fund at www.lrfm.com.au
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