Omai Gold Mines | TSXV: OMG | OTCQB: OMGGF’s Post

“What excites us the most at Novo is that the Egina JV tenements are considered highly prospective for significant intrusion-related gold deposits, with similar attributes to the 12.7Moz Au (JORC 2012) Hemi Gold Project,” says Novo co-chairman and acting CEO Mike Spreadborough. The Egina Gold Camp is Novo’s highly prospective gold belt in the Pilbara and includes the priority Becher and Nunyerry projects.  DYOR on Novo Resources Corp on Samso Insights on Patreon: https://hubs.ly/Q02q-K7R0 📌Registration on our Samso Insights on Patreon is free. Support us by getting on Samso Insights on Patreon. #Samso #Investments #CoffeeWithSamso #RoosterTalk #SamsoInsights #NoelOng #MineralExploration #ASX #compellingASXstories #Patreon #NovoResourcesCorp #EginaJV #NVO #Gold #GoldBelt #Pilbara

“What excites us the most at Novo is that the Egina JV tenements are considered highly prospective for significant intrusion-related gold deposits, with similar attributes to the 12.7Moz Au (JORC 2012) Hemi Gold Project,” says Novo co-chairman and acting CEO Mike Spreadborough. The Egina Gold Camp is Novo’s highly prospective gold belt in the Pilbara and includes the priority Becher and Nunyerry projects.  DYOR on Novo Resources Corp on Samso Insights on Patreon: https://hubs.ly/Q02q-GDf0 📌Registration on our Samso Insights on Patreon is free. Support us by getting on Samso Insights on Patreon. #Samso #Investments #CoffeeWithSamso #RoosterTalk #SamsoInsights #NoelOng #MineralExploration #ASX #compellingASXstories #Patreon #NovoResourcesCorp #EginaJV #NVO #Gold #GoldBelt #Pilbara

Mauritius-based investment fund Saturn Resources Ltd is set to acquire West Kenya gold explorer Shanta Gold Limited in a landmark deal valued at £156.1 million (Sh26 billion). Shanta Gold, known for its significant assets in Tanzania, will undergo a takeover by Saturn Resources, a subsidiary of Mauritius company ETC Group (ETG). This acquisition, which began negotiations in December 2023, has received regulatory approval from various authorities, including the Competition Authority of Kenya and Tanzania's Fair Competition Commission. The transaction, which will see Saturn Resources owning 100% of Shanta shares, underscores confidence in the gold exploration market. Notably, regulatory filings reveal that Saturn will pay Shanta shareholders £0.148 (Sh24.77) per share, signalling a substantial investment in the gold sector. With operations spanning over 40 countries, ETG, the parent company of Saturn Resources, brings extensive experience and resources to the table. The acquisition marks a strategic move by ETG, owned by Tanzanian-based individuals with Kenyan roots, to expand its presence in the mining sector and capitalize on the vast potential of gold exploration in East Africa. #StrategicExpansion #EastAfricaMining #ETG #LinkedInNetworking #hakunamatatamedia

Lumina Gold Corp (TSX-V:LUM, OTCQX:LMGDF) said it has successfully drawn down a total of US$16.7 million under its US$300 million precious metals purchase agreement (PMPA) with Wheaton Precious Metals International Ltd., a wholly owned subsidiary of #WheatonPreciousMetals Corp (LSE:WPM, TSX:WPM, NYSE:WPM). The draw, comprising two tranches, marks a significant milestone in Lumina's strategic financing and project development. The first tranche, totaling US$10 million, was disbursed six months after the initial draw in May 2023. Additionally, US$6.7 million from the draw is earmarked for specific pre-construction acquisition transactions. Earlier this year, Lumina completed a pre-feasibility study for Cangrejos, the largest primary gold deposit in Ecuador. More at #Proactive #ProactiveInvestors #TSXV #OTCQX #LUM #LMGDF http://ow.ly/k1731053OTj

The gold market is buzzing, with prices reaching record highs and increased M&A activity. Let's discuss Egypt’s Arabian Nubian Shield, an area with immense untapped geological potential. One gold explorer under our analysts' radar stands out for its strategic positioning and growth potential in the region: Aton Resources Inc. Aton is advancing multiple gold projects in Egypt’s Arabian Nubian Shield (ANS) and has a central processing plant supporting these ventures. 🔍 Why focus on Aton? Two major institutional investors own 86% of Aton’s equity, signaling strong confidence in their ventures. Aton’s portfolio includes 12 projects at various stages, with notable resources at Hamama and Abu Marawat, and promising prospects at Semna and Rodruin in Egypt. 📈 Aton’s current valuation presents a unique opportunity compared to recent sector deals. For more detailed commentary on Aton, check out our full report, now available for free: https://lnkd.in/gfisEGMq *FRC provides issuer-paid coverage. *Past performance is not indicative of future results. #goldmarket #Egypt #NubianShield #AtonResources #investing

🎥 𝐖𝐚𝐭𝐜𝐡 𝐓𝐚𝐫𝐚 𝐂𝐡𝐫𝐢𝐬𝐭𝐢𝐞’𝐬 (𝐁𝐚𝐧𝐲𝐚𝐧 𝐆𝐨𝐥𝐝) 𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐚𝐭 𝐭𝐡𝐞 𝐂𝐃𝐅𝐮𝐧𝐝 𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫𝐲 𝐃𝐚𝐲 𝟐𝟎𝟐𝟒 𝐢𝐧 𝐀𝐦𝐬𝐭𝐞𝐫𝐝𝐚𝐦 𝐥𝐚𝐬𝐭 𝟏𝟒 𝐌𝐚𝐲. Situated in the Canadian Yukon, we have tracked Banyan Gold Corp’s discovery at AurMac since the beginning, and this has hit the 7 million ounce mark last year. Assuming the gold is heap leachable, production costs would be relatively low, allowing for a profitable processing of the lower grades that are found at AurMac. CEO Tara Christie is a Yukon local, which is a great advantage for advancing a project in Canada, often regarded as a complex First nations environment. The rising gold price environment, and the success of neighbouring Victoria strengthen the potential success of Banyan, and may even lead to regional consolidation. #cdfund #commodities #metals #event

𝐓𝐡𝐞 𝐦𝐢𝐝-𝐭𝐞𝐫𝐦 𝐞𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐒𝐰𝐢𝐬𝐬 𝐁𝐞𝐭𝐭𝐞𝐫 𝐆𝐨𝐥𝐝, 𝐏𝐡𝐚𝐬𝐞 𝐈𝐈𝐈, 𝐛𝐲 𝐭𝐡𝐞 SECO Economic Cooperation and Development 𝐢𝐬 𝐨𝐮𝐭 📑 The Swiss Better Gold Initiative (SBG Initiative) was launched in 2013 by the SECO and the Swiss Better Gold Association. The SBG Initiative is now in its third phase (2021–2025). 〰️ 𝗪𝗵𝘆 𝗱𝗶𝗱 𝘁𝗵𝗲 𝗦𝗘𝗖𝗢 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗦𝘄𝗶𝘀𝘀 𝗕𝗲𝘁𝘁𝗲𝗿 𝗚𝗼𝗹𝗱 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻 𝗰𝗿𝗲𝗮𝘁𝗲 𝘁𝗵𝗲 𝗦𝗕𝗚 𝗜𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲? 〰️ ✅ For Swiss Better Gold, staying committed to artisanal and small-scale gold mining’s (#ASGM) is key. SBG recognizes ASGM potential to contribute to sustainable development in mineral-endowed communities. ✅ SBG aims to address the challenges associated with ASGM. ✅ SBG improves working and living conditions in ASGM, and facilitates the creation of responsible supply chains from ASGM operations to the Swiss🇨🇭 market. 🧐 For a deeper dive into the completion of SBG objectives, challenges and evolution, 𝗿𝗲𝗮𝗱 𝘁𝗵𝗲 𝗺𝗶𝗱-𝘁𝗲𝗿𝗺 𝗿𝗲𝘃𝗶𝗲𝘄 available on our website: https://lnkd.in/eiSEvch3 📔 The 𝟮𝟬𝟮𝟯 𝗦𝘄𝗶𝘀𝘀 𝗕𝗲𝘁𝘁𝗲𝗿 𝗚𝗼𝗹𝗱 𝗜𝗺𝗽𝗮𝗰𝘁 𝗥𝗲𝗽𝗼𝗿𝘁 is also available here: https://lnkd.in/eH58HtzF #swissbettergold #socialimpact #environmentalimpact #strongertogether Baastel Picture by Swiss Better Gold

*June Investor Presentation* Check out our latest investor presentation highlighting what sets Newcore Gold apart and our recent PEA results for our Enchi Gold Project in Ghana Learn More👇: https://bit.ly/3DgMS0G

COLUMBIA: BeMetals Secures £5.5 Million Private Placement with Lead Order from B2Gold Corp. BeMetals Corp. (TSXV: BMET, OTCQB: BMTLF, Frankfurt: 1OI.F) has announced a non-brokered private placement offering of up to 70 million units at £0.08 per unit, aiming to raise a total of £5.5 million. Each unit comprises one common share and one-half share purchase warrant, with each whole warrant enabling the purchase of an additional share at £0.14 within a year of issuance. B2Gold Corp., a related party, is expected to subscribe for £1.1 million to maintain its approximate 19% shareholding in BeMetals. Company directors and officers will also participate in the offering. John Wilton, President and CEO of BeMetals, expressed satisfaction with B2Gold’s lead order following promising drill results from the Pangeni Copper Project in Zambia. Follow the link for more: https://lnkd.in/dRhnBEug

Did you know? Silver is becoming rarer than gold due to soaring demand in green energy, industrial applications, and investment. Honey Badger Silver is positioned to meet this rising demand with our high-grade silver projects in Canada. Our innovative exploration techniques and significant silver discoveries highlight our growth potential. Consider adding Honey Badger Silver to your portfolio for stability and opportunity in the silver market. ------- TSX.V: TUF #HoneyBadgerSilver #InvestInMining #InvestinHoneyBadgerSilver