Revival Gold Inc.’s Post

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

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

Bedford Metals Corp. is a mineral exploration company dedicated to creating value for our shareholders. We achieve this by identifying and developing highly prospective mineral exploration opportunities. Our strategy involves advancing our projects from discovery to production. Learn more on our website bedfordmetals.com #BedfordMetals #goldmining #gold #goldinvesting #goldstocks #stockmarket #stockmarketnews #investing #investment

Dundee Precious Metals Inc. announces the acquisition of Osino Resources Corp., consolidating its presence in gold exploration. This C$287 million deal brings the promising Twin Hills project into DPM’s portfolio, aiming for initial production in 2026 with significant gold reserves. #DundeePreciousMetals #OsinoResourcesAcquisition #GoldExploration #TwinHillsProject #MiningIndustryNews #NamibiaGoldMining #DPMGrowthStrategy #OsinoStockMarket #GoldMiningAcquisitions #ResourceSectorInvestments

The deadline for the 25 critical mineral blocks listed in the second and third rounds has been postponed from June 11 and June 28 to July 18. This decision follows the government’s move in March to scrap the auction process for 13 out of 20 blocks offered in the first round due to limited interest from potential investors. Additionally, the deadline for selecting the remaining seven mineral blocks of the first round was extended to July 8 from April 1. 👉 https://mybs.in/2dVvZdk #IndiaMining #CriticalMinerals #MineralAuction #MiningDelays #SelfSufficiency #InvestmentChallenges #MineralResources #MiningIndustry #GovtPolicy #EconomicDevelopment

Agnico Eagle Mines Limited (TSX:AEM) picked up C$2,874,856.57 worth of Maple Gold Mines stock (TSXV:MGM) from investors in a recent flow-through financing. The transaction was composed of 33,821,842 common shares priced at C$0.085 and increases the senior gold miner’s stake from 11.97 to 19.9 per cent, begging the questions of what it finds so attractive about Maple Gold’s Quebec-based operations, and whether your portfolio would benefit from exposure to them. #gold #goldmining #goldstocks #stockstowatch #stocksinfocus #miningstocks #goldexploration

Victoria Gold Corp.: Eagle Gold Mine Annual and Fourth Quarter 2023 Production Results “The Eagle Gold Mine achieved our 2023 production guidance of 160,000-180,000 ounces of gold,” commented Mr. John McConnell, President and CEO. “This is a record level of production for Eagle and an 11% increase year over-year. In 2023, we successfully demonstrated the feasibility of year-round stacking on the heap leach facility, resulting in more consistent quarterly gold production and a mitigation of the impacts of seasonality. We intend to continue year-round stacking in 2024 and look forward to increased year-over-year production levels again this year.” (TSX:VGCX) Learn More: https://lnkd.in/gjmtCheU #EagleGoldMine #GoldNews #GoldMining #MiningNews #MiningIndustry #StockstoWatch #StockstoBuy #DrillResults

Medallion Metals Limited (ASX: MM8) is excited to announce that the company has successfully raised $5 million through a Placement, strongly supported by both new and existing institutional and sophisticated investors, including Alkane Resources Limited. The proceeds will support key activities as MM8 enter exclusive negotiations with IGO Limited for the potential acquisition of assets from the Forrestania Nickel Operation, particularly the Cosmic Boy Process Plant and associated infrastructure. The funds will also be used for: ▪️ Infill drilling, test work, and further studies on the Ravensthorpe Gold Project (RGP) ▪️ Continued due diligence on the FNO opportunity, which presents a lower capital cost and near-term production pathway for the RGP Mineral Resources ▪️ The Placement will fund infill drilling, test work and further studies considering the development of the Ravensthorpe Gold Project (RGP), continued due diligence on FNO and the advance of legally binding transaction documentation. 📣View the announcement: https://loom.ly/6clNuFg #MM8 #MiningNews

via MiningNews.net Dynamic Metals Limited shares exploded at the start of trade today with the Chris Ellison-led Mineral Resources striking a A$20 million #lithium-focused joint venture with the Widgiemooltha-focused junior. It is the most significant event for the Karen Wellman-led Dynamic since it was spin-out of Jindalee Lithium a year ago to explore for #nickel and #gold. The binding agreement allows MinRes to purchase 40% of the lithium rights over the large Widgiemooltha project for $5 million cash, including $1 million of deferred payments. Learn more: https://loom.ly/8ih5rJE #DYM #DynamicMetals #ASX

North Bay Resources Strikes Joint Venture Deal for Fran Gold Project OTC:NBRI Watch the full interview via the link https://lnkd.in/e2U9nCb2 North Bay Resources CEO Jared Lazerson joined Steve Darling from Proactive to unveil the company's latest milestone: a 50/50 joint venture earn-in agreement with MGX Minerals concerning the Fran Gold Project in British Columbia. Positioned just 20 miles from Centerra Gold’s Mt. Milligan Copper, Gold Mine, the Fran Gold Project holds strategic significance in proximity to established mining operations. Lazerson elaborated on the project's progress, highlighting the extensive exploration efforts conducted thus far. Over 50,000 feet of diamond drilling has been completed across 104 holes, primarily focused on the Bullion Alley Zone. Through these endeavors, a significant gold deposit has been delineated, spanning 3,700 feet in length, with widths of up to 120 feet, and depths exceeding 700 feet. Under the terms of the joint venture agreement, North Bay Resources stands to earn a 30% interest upon completing a NI 43-101 Compliant Mineral Resource Estimate and successfully mining and milling 2,500 ounces of gold within 12 months. Subsequently, an additional 20% interest will be earned for the extraction of another 2,500 ounces of gold within 24 months. Moreover, if North Bay Resources invests over $2,500,000 in direct expenditures on the project, it will secure a 50% interest. The timelines for these milestones will commence upon the completion of necessary engineering assessments and the issuance of required permits, with North Bay serving as the project operator. The joint venture agreement marks a significant step forward for North Bay Resources. #NBRI #northbayresources # gold #goldmine #preciousmetals #mining #goldprice #silver #copper #miningnevada #copperexploration #bcmining #geology #metallurgy #inflation #criticalminerals