Proactive’s Post

Canadian gold producer B2Gold Corp. (TSX: BTO) is projected to see sharp growth in gold production volumes and revenues in 2025 with its recent mine acquisition in Nunavut, Canada. Dive into the analysis: https://hubs.li/Q02tvc3S0

ICYMI: Revival Gold is merging with Ensign Minerals and will acquire all of the issued and outstanding shares of Ensign, a private company, in exchange for a total of 61,376,126 million shares of Revival Gold, based on an exchange ratio of 1.1667 Revival shares for each Ensign share. With total Measured and Indicated Mineral Resources of 2.4 million ounces of gold and Inferred Mineral Resources of 3.8 million ounces of gold, the transaction increases Revival Gold's heap leach gold resources per share and creates one of the largest pure-play gold development companies in the United States. We view the transaction as a win-win situation and risk minimization for all parties involved. / via @swissresourceag #Development #CompanyPresentation #RevivalGoldInc

Our latest research on Steppe Gold Ltd reveals impressive Q3 results: 18% production growth at ATO #gold mine, surpassing forecasts by 7%. Fully funded for phase two expansion, aiming for 100+ Koz production by 2025. The Tres Cruces project (Peru) PEA confirms $159M AT-NPV5%. We maintain a positive outlook on gold prices amid expected Fed rate cuts. Read the full report for more details and future catalysts: https://lnkd.in/gfehbyjt *FRC provides issuer paid coverage. *Past performance is not indicative of future results. #SteppeGold #GoldMining #Q3Results #InvestmentInsights #MiningIndustry #GoldProduction #FinancialAnalysis #MarketOutlook #PreciousMetals #ExpansionPlans #Opportunity

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It is estimated the site could yield between 100,000 to 150,000 ounces of gold each year - which would equate to a minimum of $325 million a year under current gold pricing. This is big

Revival Gold is merging with Ensign Minerals and will acquire all of the issued and outstanding shares of Ensign, a private company, in exchange for a total of 61,376,126 million shares of Revival Gold, based on an exchange ratio of 1.1667 Revival shares for each Ensign share. With total Measured and Indicated Mineral Resources of 2.4 million ounces of gold and Inferred Mineral Resources of 3.8 million ounces of gold, the transaction increases Revival Gold's heap leach gold resources per share and creates one of the largest pure-play gold development companies in the United States. We view the transaction as a win-win situation and risk minimization for all parties involved. / via @swissresourceag #Development #CompanyPresentation #RevivalGoldInc

GoldShore Resources (TSXV: GSHR) (OTCQB: GSHRF) (FSE: 8X00) announces an updated mineral resource estimate for the Moss deposit and East Coldstream deposit, both located at its 100%-owned Moss Gold Project in Northwest Ontario, Canada. Highlights: * Indicated Mineral Resource of 1.5 million ounces of 1.23 g/t gold * Overall grade increase versus the 2023 MRE is approximately 11% This is a company with C$28m market cap, even after flying over 20% today on this news. Madness. Want to Learn More? #TheNextBigRush

#LundinMining Corporation (TSX:LUN) has announced strong 2023 production results, boosted by the acquisition of a 51% stake in the Caserones #copper #molybdenum mine in Chile.  For the year to December 31, 2023, the company reported consolidated copper production of 314,798 tonnes and copper-equivalent production of more than 550,000 tonnes. Key achievements include Candelaria meeting guidance with 152,012 tonnes of copper and 89,700 ounces of gold, Caserones exceeding original guidance with 139,520 tonnes of copper, and Chapada hitting its targets with 45,719 tonnes of copper and 59,268 ounces of gold. Zinc production at 185,161 tonnes and consolidated gold production at 148,968 ounces were also at or above the upper end of guidance. Eagle's nickel and copper production exceeded original guidance, showcasing the company's operational excellence. More at #Proactive #ProactiveInvestors #TSX #LUN http://ow.ly/6Y3P1058QXH

Silver X is pleased to report its financial results for the three months ended March 31, 2024, for the Nueva Recuperada Project in Central Peru. Q1 2024 Financial Highlights ✅ Generated revenues of $4.8 million. ✅ Cash costs of $15.36 per silver equivalent (“AgEq”) ounce produced (1)(2) and All-In Sustaining Cost (“AISC”) (1)(2) of $21.36 per AgEq ounce produced, reflective of the sustaining capital expenditure invested in the development of the Tangana mining unit ($1.8 million adding $6.00 per AgEq ounce produced to the AISC). ✅ Positive EBITDA of $0.3 million and Positive Adjusted EBITDA of $0.4 million. ✅ Operating income of $6,000 and Net loss before tax of $0.9 million. Read the full news release: https://loom.ly/271E5YM TSXV: #AGX | OTCQB: #AGXPF | FRA: #AGX #SilverXMining #NuevaRecuperada #FinancialResults #Q1 #silverstocks #miningstocks

We are pleased to share our latest presentation from the RMEC conference, where our CEO, James Tworek, outlined our strategic vision and upcoming projects. Element79 Gold Corp is dedicated to generating near-term cash flow through the acquisition and development of high-grade, past-producing gold mines. 🌟 Highlights of the Presentation:    Lucero Project: Our flagship project in Lucero is permitted for 350 tons per day and historically produced 40-50,000 ounces of gold equivalency annually. We are set to commence underground and surface drilling to establish a robust resource and mine plan.    Team Strength: Our experienced executive team, with a strong background in mining projects and project finance, is committed to ethically and sustainably developing our projects.    Community Engagement: We prioritize strong community relationships and have partnered with local NGO, UMA, to support education and entrepreneurship programs in Peru.    Financial Milestones: The recent sale of our Maverick Springs project has strengthened our balance sheet, allowing us to focus on growth and development.    Upcoming Revenue Generation: We anticipate revenue from the wholesaling of ores by Q3-Q4 this year, with further revenues following in Q4 2024 and Q1 2025. 🔗 Watch the full presentation here: https://lnkd.in/gAUV3a7U To learn more about our exciting journey and future plans! We are confident in our ability to drive significant value for our stakeholders and look forward to sharing more updates soon. #miningindustry #juniormining #miningnews #miningsector #mininginvestment