Sunstone Metals Limited is pleased to advise that Malcolm Norris, former Managing Director and CEO, has accepted the role of Non-Executive Chair, effective 16 September 2024. Mr Norris said: “I have absolutely no doubt that there is immense value to be unlocked from Sunstone’s exploration projects. We are fully committed to achieving greater recognition of this value, which is the key objective of our two-pronged plan comprising project partnership discussions and preparations for major resource announcements. “I will continue to be actively involved in the ongoing exploration strategy, including at our Limon gold-silver discovery, where I believe we are on track to establish a substantial near-surface resource. “On behalf of the Board, I would like to thank Graham Ascough for his strong service and enormous contribution to Sunstone over a long period. “Graham played an important role in establishing the Company’s asset base in Ecuador and in creating the corporate and financial environment, which resulted in the Company making three major discoveries in a relatively short space of time”. #gold #copper #silver #mining $STM Patrick Duffy Neal O'Connor Stephen Stroud Lucas Welsh Rodrigo Izurieta Read Corporate https://bit.ly/3TmQIjb
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🔔 Exciting news for Regis Resources🔔 The development of Garden Well Main and Rosemont Stage 3 by Regis Resources is not just a significant milestone, but also for the broader Australian mining industry and job market. This is going to generate a considerable number of new job opportunities; from skilled mining professionals to support staff and contractors, there will be a diverse range of roles available, contributing to economic growth and profitability in the regions where these mines are located. #InfrastructurePeople #TrustedPartner #UndergroundGoldMining
📢 Regis Resources is pleased to announce the development of two new underground mines - Garden Well Main and Rosemont Stage 3 - at the Duketon project. The two mines will contribute up to 120,000 ounces of gold to the company’s annual gold production from 2027, and the news supports the delivery of our underground growth strategy. 🌟 Our Managing Director Jim Beyer, commented: “Since we announced our maiden resource at Rosemont in 2019, each year we have continued to enhance the value of the underground by increasing our reserves. This is a trend across our underground mines that we aim to continue well into the future. We are well on the way to operating four to five underground mines at Duketon to deliver sustainable gold production of 200,000oz-250,000oz of gold each year. While the growth in underground is a vital part of our value growth strategy, we also continue exploring for additional high-value, large-scale open pits across our dominant holding across the Duketon greenstone belt.” Read the announcement here 👉 https://shorturl.at/csAP9 #asx #gold #mining
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Words from our CEO: Goldshore Resources is making significant strides with the Boundary Zone. Our primary goal is to identify and confirm high-value mineralization zones through meticulous exploration. Under the leadership of Michael Henrichsen, our CEO and Director, we are committed to a data-driven approach. The visual confirmation of the Boundary Zone and the definition of a new parallel shear zone with similar characteristics are particularly promising. We eagerly anticipate the results from our ongoing assay analysis to guide our next steps. Goldshore Resources is focused on the strategic advancement of its 100% owned Moss Gold Project, with the goal of unlocking its full potential – leveraging a strong track record, a robust Mineral Resource Estimate (MRE), and visionary leadership backed by strategic capital. Our efforts are geared towards maximizing the economic potential of our projects while prioritizing sustainable resource management. Through strategic and precise execution, we continue to push the boundaries of mining excellence. Explore more about our innovative projects and latest updates on our website: https://lnkd.in/dw3ijC8n #Goldshore #GoldMining #Mining #JuniorMining #GoldExploration $GSHR $GSHRF
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$EM2 - Eagle Mountain Mining Ltd (ASX:EM2) is pleased to confirm that it has received firm commitments for A$1,094,389 raised through the issue of 18,239,817 fully paid ordinary shares and 18,239,817 options to sophisticated and institutional investors. Commenting on the successful capital raising, CEO, Tim Mason said: “The Board and I are delighted by the strong backing from institutional investors. These funds, in addition to those raised from our Entitlement Offer, will provide a boost to exploration activities at Silver Mountain, while studies progress at Oracle Ridge. We're particularly excited about recent discoveries at Silver Mountain, including outcrop with elevated uranium, thorium, and rare earths, alongside high-grade historical copper, gold and silver mine workings. These findings point towards potential heat sources that could explain the diverse mineralisation styles observed, including porphyry, VMS and other hydrothermal styles. We welcome the support of new institutional shareholders who join us at an exciting juncture as we push forward on two exciting Arizona projects. Copper prices have recently moved above US$4/lb, with strong forecasts in the coming years. This bullish market environment complements our exploration efforts at Silver Mountain and the upcoming Scoping Study for Oracle Ridge, expected to be completed in Q3 2024.” Read more: https://lnkd.in/gWbSyznE $EM2 #Copper #Gold #EagleMountain #OracleRidge #Arizona Tim Mason Rick Crabb Roger Port
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Eagle Mountain Mining Limited (ASX:EM2) is pleased to confirm that it has received firm commitments for A$1,094,389 raised through the issue of 18,239,817 fully paid ordinary shares and 18,239,817 options to sophisticated and institutional investors. Commenting on the successful capital raising, CEO, Tim Mason said: “The Board and I are delighted by the strong backing from institutional investors. These funds, in addition to those raised from our Entitlement Offer, will provide a boost to exploration activities at Silver Mountain, while studies progress at Oracle Ridge. We're particularly excited about recent discoveries at Silver Mountain, including outcrop with elevated uranium, thorium, and rare earths, alongside high-grade historical copper, gold and silver mine workings. These findings point towards potential heat sources that could explain the diverse mineralisation styles observed, including porphyry, VMS and other hydrothermal styles. We welcome the support of new institutional shareholders who join us at an exciting juncture as we push forward on two exciting Arizona projects. Copper prices have recently moved above US$4/lb, with strong forecasts in the coming years. This bullish market environment complements our exploration efforts at Silver Mountain and the upcoming Scoping Study for Oracle Ridge, expected to be completed in Q3 2024.” Read more: https://lnkd.in/gCtbXsgW $EM2 #Copper #Gold #EagleMountain #OracleRidge #Arizona Tim Mason Rick Crabb Roger Port
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We are pleased to share the highlights of our September 2024 quarter, as we continue to advance both gold development and lithium exploration activities. ➡️ Gold Development: Significant progress at the Hilditch and Eagles Nest gold deposits, with shallow high-grade intersections. We’ve also kicked off drilling at the 8500N Paleochannel and confirmed potential extensions of the Wattle Dam high-grade shoot. ➡️ Lithium Exploration: Promising spodumene-bearing pegmatites have been identified at Larkinville and further exploration at Kandui and Bird Rock is underway under the KOMIR Lefroy Lithium Joint Venture. ➡️ Corporate: We’ve been awarded up to $1.05 million in tax credits under the Federal Government’s JMEI Scheme, ensuring robust financial support for exploration activities. We are excited to build on this momentum and continue delivering value to our stakeholders. Tim Wither Gregor Bennett Brayden Sprigg Dos Santos Rajita Alwis #Mining #Gold #Lithium #Exploration #MaximusResources #JMEI
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Maximus Resources Limited is excited to share the initial results from our recent drilling at the 8500N gold deposit and Paleochannel, located just 25 km from Kambalda, Western Australia. These results confirm significant potential for resource growth, particularly in the shallow paleochannel mineralisation, which provides an attractive low-cost, low-risk production opportunity. Key results include: 13m @ 1.59g/t Au from 11m, including 4m @ 3.49g/t Au from 11m (PCRC003) 1m @ 5.27g/t Au from 115m (EFRC001) The shallow depth and free-digging characteristics of the Paleochannel, combined with the fact that it sits within a granted mining tenement, position us to fast-track the approval process for production. With infrastructure already in place and baseline environmental studies completed, we are well-positioned to move forward swiftly. As we plan the next phase of resource-focused drilling, we look forward to further defining and extending the mineralisation at 8500N, with the goal of adding to our growing gold resources. Tim Wither Gregor Bennett Brayden Sprigg Dos Santos Rajita Alwis For more information, visit our InvestorHub at www.maximusresources.com. #GoldExploration #ASX #Mining #MaximusResources #ResourceGrowth #Kambalda
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Westward Gold Inc. Outlines 2024 Exploration Goals At Cortez Trend Properties. The Company has drawn from its considerable in-house expertise in Carlin-type gold exploration in formulating its strategy to systematically advance priority target areas, with the added benefit of broad-scale interpretations of data amalgamated from all three Properties. There is mounting evidence that Westward’s exploration ground contains many of the same key geological features that were identified at the nearby Cortez Hills Mine during its early-stage exploration (now operated by Nevada Gold Mines). Read more about our 2024 exploration strategy in the full press release here: https://lnkd.in/gczjXGPa Colin Moore David Kelley Kelly Cluer Chris Osterman Warren Beil Mark Monaghan Al Fabbro Terry Salman C.M. Rob Edie #JuniorMining #MineralExploration #DiscoveryFocused #Stocks #GoldStocks #CSE #SmallCaps #VentureCapital #Drilling #MiningFinance #Nevada #Gold #Catalysts
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Another interview from the floor of Prospectors & Developers Association of Canada (PDAC). Proactive is closing out the day with Jean-Marc Lulin #CEO of Azimut Exploration Inc. (AZM). They are talking #copper #gold #nickel & #lithium - watch the full interview on proactiveinvestors.com #pdac2024 #quebec #miningindustry #canadianmining #coppermining #goldmining #nickelmining #lithiummining 🇨🇦🇨🇦
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👉 RECAP - A brief 2023/2024 update on our San Jose Mine! 2023 Operating Results: ✅ 15-day illegal blockade and operational challenges lead to shortfall in annual production guidance ✅ Q4 2023 production: 1,023,525 ounces of silver and 6,345 ounces of #gold ✅ FY 2023 production: 4,656,631 ounces of #silver and 28,559 ounces of gold 2024 Guidance Outlook: ✅ Cost increments lead to exhaustion of reserves by year end 2024 ✅ Engaged in an intensive exploration program to delineate the newly discovered Yessi vein ✅ Dedicated team to review and update a multi-year progressive mine closure and monitoring plan with a current budget of approximately USD$27 million Learn more! ➡️ https://lnkd.in/gHXY9xY3 #MiningWithPrideAndPurpose #Finance
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U.S. Gold Corp. (NASDAQ:USAU), a mining company focused on the development and exploration of precious metal projects in the United States, is making major strides toward realizing near-term production at its flagship CK Gold-Copper Project in Wyoming, matched only by an enviable portfolio of district-scale exploration projects in the mining-friendly states of Nevada and Idaho. Each asset is a company maker, highly relevant In today’s M&A climate. The CK Gold Project, in the State of Wyoming, reached a critical threshold in late April 2024 with the granting of a Surface Mine Permit, bringing the project a major step closer to development and production. Concurrently, its exploration assets in Nevada and Idaho, present exceptional future value potential. The Keystone Project, a 20 square mile land package situated just 11 miles south of Nevada Gold’s (ABX-NEM JV) second largest gold mine, the Cortez Hill Complex, represents a compelling analogue to the discoveries that made the Carlin Trend legendary. Let’s take a closer look at these projects and how the company expects to maximize potential at each of them. https://lnkd.in/eki-XeU8 #USGoldCorp #CKGoldProject #CopperMining #GoldMining #WyomingMining #NevadaMining #KeystoneProject #PreciousMetals #MiningExploration #CarlinTrend #CortezHillComplex #MiningDiscovery
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