PM Complex Update…The Bottoms In | Rambus Chartology

PM Complex Update…The Bottoms In | Rambus Chartology

INTEGRA ANNOUNCES SALE OF 1.5% ROYALTY INTEREST IN DELAMAR PROJECT TO WHEATON PRECIOUS METALS FOR CASH CONSIDERATION OF US$9.75 MILLION, by @newswire

TSXV: ITR; NYSE American: ITRG www.integraresources.com

ceo.ca

INTEGRA ANNOUNCES SALE OF 1.5% ROYALTY INTEREST IN DELAMAR PROJECT TO WHEATON PRECIOUS METALS FOR CASH CONSIDERATION OF US$9.75 MILLION

Portfolio Update | Ecora Resources PLC

Aya Gold & Silver Announces At-Depth High-Grade Results Including New Mineralized Zone Within Rhyolite at Zgounder, by @GlobeNewswire

MONTREAL, March 05, 2024 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is…

ceo.ca

Key Highlights (all intersections are in core lengths)

• From surface, diamond drill hole (“DDH”) ZG-23-60 intercepted 347 grams per tonne (“g/t”) silver (“Ag”) over 12.5 meters (“m”) including 1.0m at 2,504 g/t Ag; and ZG-24-70 intercepted 718 g/t Ag over 4.5m
  
• In the Central Zone from the 1,950m level:
  
  
  • hole ZG-SF-23-084 intercepted 1,089 g/t Ag over 13.5m, including 1,700 g/t Ag over 7.5m and 4,469 g/t Ag over 4.5m inside the rhyolite near the granite contact
  • hole ZG-SF-23-092 intercepted 322 g/t Ag over 17.6m, including 1,877 g/t Ag over 1.5m inside the rhyolite near the granite contact
    
• In the Central Zone from the 1,975m level:
  
  
  • hole TD28-24-1975-013 intercepted 1,081 g/t Ag over 6.0m

• In the Eastern Zone from the 2,050m level:
  
  
  • hole DZG-SF-24-004 intercepted 1,489 g/t Ag over 5.0m, including 3,363 g/t Ag over 2.0m
  • hole DZG-SF-24-007 intercepted 2,511 g/t Ag over 4.0m, including 18,760 g/t Ag over 0.5m
    
• In the Eastern Zone from the 2,125m level:
  
  
  • hole YAKD-24-2125-004 intercepted 677 g/t Ag over 10.8m, including 1,586 g/t Ag over 3.6m

Key Updates

• Kalamazoo and De Grey Mining Limited ("De Grey") entered into an option agreement for De Grey to acquire the past-producing Ashburton Gold Project for total consideration of A$33M, with potential to truck a high-grade Ashburton gold concentrate to De Grey's Hemi plant;
• Silver Mines completed a A$10M capital raise, and earlier announced key Bowdens catalysts for 2024, which include an optimisation study and final investment decision, expected in mid-2024, with potential development commencement in late 2024;
• Orla announced a C$20M work program for the South Railroad gold project in Nevada in 2024 and completed the first full year of exploration following its corporate acquisition of Gold Standard Ventures Corp. in August 2022; and
• Genesis Minerals Limited ("Genesis") acquired the Bruno-Lewis and Raeside gold deposits from Kin Mining NL ("Kin Mining"), which make up a large portion of the Cardinia Gold Project, as a potential source of supplemental feed for the restart of the idled Laverton mill.

Global Atomic Updates its Dasa Project Feasibility Study and Announces Off-Take Agreement, by @newswire

All monetary amounts are in U.S. dollars, unless otherwise indicated.

ceo.ca

Global Atomic Corporation ("Global Atomic" or the "Company") (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) announced today the results of the updated Dasa Project Feasibility Study (the "2024 Study") replacing the previous Phase 1 Feasibility Study ("Phase 1 Study").

The 2024 Study has extended the Dasa Mine Life from 12 to 23 years, Mineral Reserves have increased by 50% to 73 million pounds U₃O₈, and uranium production from Dasa has increased by 55% to 68.1 million pounds...

i-80 Gold Announces Best Results To-Date from Underground Drilling at Cove

/PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company") is pleased to announce additional results from 2023 drilling in the Helen...

www.prnewswire.com

i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company") is pleased to announce additional results from 2023 drilling in the Helen Zone that include some of the best results received to-date from the underground drilling program at the Company's 100%-owned McCoy‑Cove Property ("Cove" or "the Property") located in Lander County, Nevada. [Blockierte Grafik: https://mma.prnewswire.com/media/2354374/March_5__2024_Figure_1___Property_Location_Map.jpg?w=350] Figure 1 – Property Location Map (CNW Group/i-80 Gold Corp) [Blockierte Grafik: https://mma.prnewswire.com/media/2354375/March_5__2024_Figure_2___3D_View_of_the_Cove_Deposit_and_Drill_Program.jpg?w=350] Figure 2 – 3D View of the Cove Deposit and Drill Program (CNW Group/i-80 Gold Corp) [Blockierte Grafik: https://mma.prnewswire.com/media/2354376/March_5__2024_Figure_3___Surface_Plan_View_of_the_Cove_Deposit.jpg?w=350] Figure 3 – Surface Plan View of the Cove Deposit (CNW Group/i-80 Gold Corp)

The new results are from results that continue to be received from drilling completed in 2023 to define the Helen Zone, the first horizon expected to be accessed at the Cove Mine. The program is confirming high‑grade mineralization over appreciable thickness including multiple lenses in some parts of the deposit (see Figure 2). The most recently received results from the Helen Zone contain some of the best results received to-date from the underground program and compare favourably with initial results from the Gap Zone where previously released results included intercepts of up to 12.9 g/t Au over 36.1 m in hole iCHU23‑04, 14.9 g/t Au over 32.7 m in hole iCHU23-10 and 18.9 g/t Au over 29.3 m in hole iCHU23-11. A complete summary of new results is provided in Table 1.

Highlight new results from drilling at McCoy-Cove include:

Helen Zone

• iCHU23-37: 14.4 g/t Au over 9.1 m

And 22.6 g/t Au over 19.1 m

And 55.0 g/t Au over 1.8 m

• iCHU23-38: 13.8 g/t Au over 10.1 m

And 32.9 g/t Au over 14.9 m

• iCHU23-39: 25.3 g/t Au over 9.4 m

And 30.5 g/t Au over 2.1 m

And 19.7 g/t Au over 2.7 m

And 23.5 g/t Au over 12.8 m

"Results received to-date have met or exceeded our expectations as definition drilling continues to confirm that Cove is one of the highest-grade, development-stage, gold deposits in North America.", stated Tyler Hill, Chief Geologist of i-80 Gold. "Deposits with grades in excess of ten grams per tonne gold over widths frequently in excess of ten metres are rare. Significant upside exists at McCoy-Cove as mineralization in the main deposit remains open for expansion and multiple high-potential exploration targets have been identified on the large land package."

Cerrado Gold Signs Option and Loan Agreements With Subsidiary of Hochschild Mining PLC for the Sale of the Monte Do Carmo Gold Project for Total Consideration of US$60 Million (C$80 Million), by @accesswire

TORONTO, ON / ACCESSWIRE / March 5, 2024 / Cerrado Gold Inc. [TSX.V:CERT][OTCQX:CRDOF] ("Cerrado" or the "Company") announces that it has…

ceo.ca

Cerrado Gold Signs Option and Loan Agreements With Subsidiary of Hochschild Mining PLC for the Sale of the Monte Do Carmo Gold Project for Total Consideration of US$60 Million (C$80 Million)

TOPAZ CONTINUES TO DELIVER RELIABLE, HIGH-MARGIN REVENUE & SIGNIFICANT OPERATOR-FUNDED RESERVE REPLACEMENT AND ANNOUNCES DIVIDEND INCREASE, by @newswire

CALGARY, AB, March 4, 2024 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to provide fourth quarter and…

ceo.ca

Highlights

• Generated Q4 2023 cash flow of $72.4 million or $0.50 per diluted share ⁽²⁾, and free cash flow (FCF)⁽¹⁾ of $71.7 million or $0.49 per diluted share⁽²⁾, providing an 87% FCF margin⁽¹⁾. During 2023, Topaz generated cash flow and FCF⁽¹⁾ of $286.3 million and $281.7 million, $1.97 and $1.94 on a per diluted share, respectively⁽¹⁾⁽²⁾, and an 88% FCF margin⁽¹⁾.
  
• Q4 2023 royalty production averaged 19,555 boe/d⁽⁴⁾, 5% higher than Q3 2023 and 7% higher than Q4 2022. 2023 royalty production averaged 18,853 boe/d⁽⁴⁾, an 11% increase from 2022, and exceeded Topaz's 2023 midpoint guidance estimate by 2% despite certain production curtailments during 2023 due to wildfires.
  
• During the year, operators spud 577 gross wells (21.5 net)⁽⁸⁾ across Topaz's royalty acreage, a 2% increase from 2022, which represents approximately 14% of the 2023 total rig releases across the WCSB⁽¹⁰⁾. Topaz estimates that operators invested $2.4 billion of development capital across the Company's royalty acreage in 2023.
  
• Generated royalty production revenue of $64.3 million ($35.72 per boe) during Q4 2023 and $250.5 million ($36.40 per boe) during 2023 which represented 78% of Topaz's total revenue and other income.
  
• Topaz's infrastructure assets contributed 22% of total revenue and other income in Q4 2023 and 2023. During Q4 2023, Topaz generated $18.5 million in processing revenue and other income, realizing 100% utilization and a 95% operating margin⁽¹⁾. During 2023, Topaz generated $70.9 million in processing revenue and other income (realizing 99% utilization and a 90% operating margin⁽¹⁾) providing 8% revenue growth from 2022.
  
• Paid a $0.31 per share dividend during Q4 2023 ($1.24 per share annualized⁽¹³⁾) which represents a 62% payout ratio⁽¹⁾ and a 6.1% trailing annualized yield to the fourth quarter average share price⁽¹¹⁾. To December 31, 2023, Topaz has paid $3.97 per share in dividends to its shareholders since the inaugural dividend during the first quarter of 2020. On March 4, 2024, Topaz's Board approved a 3.2% dividend increase and declared the 2024 first quarter dividend at $0.32 per share. This marks the Company's seventh dividend increase since inception, and 7% per share growth since the first quarter of 2023.
  
• Topaz confirms its 2024 royalty production guidance at 18,800 – 19,600 boe/d⁽³⁾⁽⁴⁾ and estimates 2024 processing revenue and other income between $69.0 and $71.0 million⁽³⁾. Topaz's 2024 estimated dividend is sustainable down to low commodity prices ($0.50 per mcf natural gas and US$55.00 per bbl crude oil⁽⁴⁾) due to the Company's high-margin, stable infrastructure income and hedging contracts in place. Based on Topaz's 2024 midpoint royalty production estimate, 18% of natural gas is hedged at a weighted average fixed price of C$3.17 per mcf and 30% of oil and total liquids is hedged at a weighted average floor price of C$103.25 per bbl, with collar structures in place to provide upside price participation⁽¹⁴⁾.
  
• During 2023, Topaz allocated FCF⁽¹⁾ to dividend payments of $176.3 million, acquisitions of $46.4 million, and debt repayment of $63.1 million (16% net debt⁽¹⁾ reduction from YE 2022).
  
• During 2023 Topaz generated 10% production per share growth from the prior year. Operator-funded development across Topaz's royalty acreage added 8.7 mmboe of proved plus probable developed reserves⁽⁷⁾ (excluding technical revisions or pricing factors), which represents 1.3 times replacement of Topaz's 6.9 mmboe of royalty reserves produced in 2023. At December 31, 2023, the before-tax net present value of total proved plus probable developed reserves, discounted at 10%⁽⁷⁾, was $1.5 billion, consistent with 2022 despite lower forecast commodity price assumptions.
  
• Released Topaz's 2022 Sustainability Report which highlights the Company's commitment to deliver superior, sustainable investment returns to shareholders through its sustainable investment strategy and by fostering a strong and committed workforce, mitigating climate-related risk and upholding strong corporate governance and ethics.

Zitat von Sorgenfrei

https://www.dundeeprecious.com…ion-of-Osino/default.aspx

Osino Resources Announces Receipt of Superior Acquisition Proposal, by @GlobeNewswire

VANCOUVER, British Columbia, Feb. 19, 2024 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSX:OSI.V) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) ("Osino" or the…

ceo.ca

Yintai to Acquire Osino in an All-Cash Transaction for C$368 million, by @GlobeNewswire

VANCOUVER, British Columbia, Feb. 25, 2024 (GLOBE NEWSWIRE) -- Yintai Gold Co., Ltd (000975.CN) ("Yintai") and Osino Resources Corp. (TSX:OSI.V)…

ceo.ca

Bei Osino Resources gibt es eine Arbitrage- Möglichkeit: 1,68 / 1,90 CAD

Golconda Gold - Streaming-Funded Production Growth Plan Offers Leverage to Gold Price Upside

https://www.cruxinvestor.com/p…rage-to-gold-price-upside

Investment Thesis for Golconda Gold

• Expanding production from stable, permitted South African mine with over 130 years of operations history
• Low technical risk plan to increase well-understood Galaxy mine output from 10,000 oz/year to 40,000 oz/year
• New $5M funding from Empress Royalty secures near-term production growth
• Potential to self-fund further expansion from internal cash flows at higher production rates
• Large 2.5M oz gold resource offers long mine life with further exploration upside
• Second asset, Summit Project in New Mexico, provides production diversification upside if funded
• Existing US investor Waterton supportive of value-accretive restart financing
• Proven management team with track record of consolidation and operational improvement