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Search ArticlesSTLLR's PEA puts Tower project value east of Timmins at over $1 Billion US
STLLR Gold Inc. has announced the summary results of the updated Mineral Resource Estimate ("2025 MRE") and updated Preliminary Economic Assessment ("2025 PEA") for its 100%-owned Tower Gold Project ("Tower" or the "Project") located in the prolific Timmins Mining Camp. The 2025 MRE was prepared by InnovExplo (a member of Norda Stelo) and the 2025 PEA was compiled by G Mining Services ("GMS"). STLLR President and CEO Keyvan Salehi, P.Eng.
Radisson closes $12 million private placement
Radisson Mining Resources Inc. has closed its previously announced non-brokered private placement (the "Offering") for total gross proceeds of $12,070,000.
First Mining Announces 2025 Q1 Financial Results and Operating Highlights
First Mining Gold Corp. reports its first quarter financial results for the quarter ended March 31, 2025. “We are pleased to announce a successful start to the fiscal year where we were able to bring forward a US$5 million payment through the continued endorsement of First Majestic Silver,” stated Dan Wilton, CEO of First Mining.
Dryden Gold Provides Drill Program Update
Dryden Gold Corp. has provided a drill program update at its Gold Rock project. The company has now drilled 6,084 meters of the planned 15,000-meter program and would like to update investors of its progress and plans to follow-up on Hole KW-25-003 that returned 301.67 g/t gold over 3.90 meters including 1,930 g/t gold over 0.60 meters.
RJK amending warrants
RJK Explorations Ltd. intends to amend a total of 8,057,363 outstanding common share purchase warrants (the "Warrants") previously issued pursuant to the Company's non-brokered private placement that closed in two tranches on May 20, 2022 and June 15, 2022 (the "Private Placement"). The Warrants are currently exercisable at a price of $0.25 to purchase one common share in the capital of the Company for terms expiring on May 20, 2025 and June 15, 2025, respectively.
Q1 a watershed quarter for Discovery Silver with Timmins acquisition
Discovery Silver Corp. has announced financial results for the three months (“Q1 2025”) ended March 31, 2025. All figures are stated in Canadian dollars unless otherwise noted. “Q1 2025 was a breakout quarter for Discovery.
Neotech raising $1 million for Timmins area projects
Neotech Metals Corp. has announced that it intends to complete a non-brokered private placement, in one or more tranches, of up to 6,666,666 units of the Company (the "Units"), at a price of $0.15 per Unit, for gross proceeds of up to $1,000,000 (the "Offering"). The Company reserves the right to increase the size of the Offering, subject to Canadian Stock Exchange ("CSE") approval.
McLaren Resources Purchases NSR on Its McCool Gold Property in Timmins
McLaren Resources Inc. has purchased a 1.0 % Net Smelter Returns Royalty ("NSR") held by a prospector on the 1,495 hectare ("ha") crown claims portion of the McCool gold property located in McCool Township, Timmins. Consideration for the purchase was $6,000 cash and 100,000 common shares of McLaren. As a result of the above transaction, the only remaining NSR on the McCool property is held by Newmont Corporation and consists of a 1.0 % NSR on the 275 ha mining lease portion of the property.
Orla Lifts Gold Output Forecast After Musselwhite Acquisition Closes
Orla Mining has reported record gold production for the first quarter of 2025 and boosted its annual guidance following the completion of the Musselwhite mine acquisition. “We are proud of the continued consistency from our team in Mexico where the Camino Rojo Mine remains a strong cash flow generator,” said President and Chief Executive Officer Jason Simpson.
West Red Lake intersects high-grade at Madsen
West Red Lake Gold Mines Ltd. is reporting drill results from its 100% owned Madsen Mine located in the Red Lake Gold District. “As the underground definition drill program at Madsen advances at depth we continue to unlock significant value within the orebody,” stated Shane Williams, President & CEO.