Guiana Shield

G Mining Ventures and Reunion Gold Announce Combination to Set the Stage for a Leading Intermediate Gold Producer in the Americas

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月曜日, 4月 22, 2024
Leg, GMS, LLP, Investment, Par value, Endeavour Mining, Webcast, Growth, Transaction, Canada Business Corporations Act, La, Mining, Dundee Corporation, AISC, RBC Capital Markets, TSX, Gold, Franco-Nevada, TSX Venture Exchange, VWAP, Agreement, Gignac, Eldorado Gold, Multilateral, RGD, Norton Rose Fulbright, Minority, Committee, BMO Capital Markets, Toronto Stock Exchange, Newmont, Acquisition, Subscription business model, Guiana Shield, Index, Security (finance)

BROSSARD and LONGUEUIL, Quebec, April 22, 2024 (GLOBE NEWSWIRE) -- G Mining Ventures Corp. (“GMIN”) (TSX: GMIN) (OTCQX: GMINF) and Reunion Gold Corporation (“RGD”) (TSXV:RGD) (OTCQX:RGDFF) are pleased to announce they have entered into a definitive agreement (the “Agreement”) to combine the two companies, setting the stage for the creation of a leading intermediate gold producer (the “Transaction”).

Key Points: 
  • The Transaction sets the stage for the creation of an Americas focused leading intermediate gold producer.
  • Continues GMIN’s strategy of building an Americas focused intermediate gold producer through its Buy, Build, Operate Strategy.
  • Strengthens portfolio and positions GMIN to execute on its strategy of building the next intermediate gold producer leading to further re-rate potential and index inclusion.
  • 43% ownership in an emerging intermediate gold producer, with a strong track-record of value creation and share price outperformance.

G Mining Ventures and Reunion Gold Announce Combination to Set the Stage for a Leading Intermediate Gold Producer in the Americas

Retrieved on: 
月曜日, 4月 22, 2024
Leg, GMS, LLP, Investment, Par value, Endeavour Mining, Webcast, Transaction, Canada Business Corporations Act, Mining, Dundee Corporation, AISC, RBC Capital Markets, TSX, QC, Gold, Franco-Nevada, TSX Venture Exchange, VWAP, Agreement, Gignac, Eldorado Gold, Multilateral, RGD, Minority, Committee, BMO Capital Markets, Good, Toronto Stock Exchange, Newmont, Acquisition, Subscription business model, Guiana Shield, Index, Growth, Security (finance)

The Transaction sets the stage for the creation of an Americas focused leading intermediate gold producer.

Key Points: 
  • The Transaction sets the stage for the creation of an Americas focused leading intermediate gold producer.
  • Continues GMIN's strategy of building an Americas focused intermediate gold producer through its Buy, Build, Operate Strategy.
  • The acquisition of Oko West is the second step towards our vision of becoming a leading intermediate gold producer, building on the team's success at Tocantinzinho.
  • Strengthens portfolio and positions GMIN to execute on its strategy of building the next intermediate gold producer leading to further re-rate potential and index inclusion.

BTV Highlights: Founders Metals, Arizona Sonoran, Prime Mining, enCore Energy & Reunion Gold

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木曜日, 2月 29, 2024
Copper, VIDEO, Encore, Mining, TSX, Growth, BNN Bloomberg, Primary energy, Risk, Gold, ASCU, Energy, Television, Guiana Shield, OTCQX, Metal

With its recent OTCQX listing, Founders Metals offers a compelling investment opportunity in the burgeoning gold exploration sector.

Key Points: 
  • With its recent OTCQX listing, Founders Metals offers a compelling investment opportunity in the burgeoning gold exploration sector.
  • enCore Energy Corp. (TSXV: EU) (NASDAQ: EU) VIDEO - America's Clean Energy Company™, in a strategic move that underscores its commitment to energy independence and environmental sustainability, enCore Energy solidifies its position in the domestic uranium production sector.
  • Reunion Gold Corporation (TSXV: RGD) (OTCQX: RGDFF) VIDEO - Reunion Gold sets itself apart with a notable Mineral Resource Estimate, highlighting over 5 million ounces of gold.
  • This development not only underscores Reunion Gold's potential for significant yield but also marks it as a compelling choice for investors seeking robust growth opportunities in the gold sector.

Mining Sector Surges and Technology Issuers Bounce Back in TSX Venture Exchange's 2024 Venture 50 Ranking

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水曜日, 2月 21, 2024
International, Exchange, TSX Venture Exchange, TSX, Toronto Stock Exchange, Growth, Capital formation, Gold, Venture, TMX Group, Guiana Shield, Renewable energy

The Venture 50 showcases TSXV issuers across five sectors: Energy, Mining, Clean Technology and Life Sciences, Diversified Industries, and Technology.

Key Points: 
  • The Venture 50 showcases TSXV issuers across five sectors: Energy, Mining, Clean Technology and Life Sciences, Diversified Industries, and Technology.
  • Performance was especially strong among mining and technology companies, which saw average share prices grow by 245% and 178%, respectively.
  • The Venture 50 continues to demonstrate the importance of the Exchange in providing access to public venture capital for growth-stage companies," added Anastasopoulos.
  • The top-performing 2024 Venture 50 companies from each sector are as follows:

AngloGold Ashanti to Make a Strategic Investment in G2 Goldfields Inc.

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火曜日, 12月 19, 2023
Mining, Minerals, Natural Resources, Documentation, Epidemic, Annual report, Mineral Resources Limited, Resource, Pandemic, Government, Guiana Shield, Form, Gold, Health, Public expenditure, AngloGold Ashanti, Accident, Risk, Communication, COVID-19, Radius, OKO, Subscription business model, F-4, Rare-earth element

G2 is actively exploring in Guyana, a country which hosts the Guiana Shield, one of the world’s most prospective gold provinces.

Key Points: 
  • G2 is actively exploring in Guyana, a country which hosts the Guiana Shield, one of the world’s most prospective gold provinces.
  • Commenting on the Subscription, Alberto Calderon, CEO of AngloGold Ashanti said, “This strategic investment in G2 will provide us with a strong position in one of the world’s key gold provinces with significant potential for new discoveries.
  • In this communication, AngloGold Ashanti relies on information publicly disclosed by G2 pertaining to the OKO Main Zone deposit and by Reunion Gold pertaining to the OKO West discovery.
  • AngloGold Ashanti has not independently verified this information and is not treating such information as a current estimate of Mineral Resources, Mineral Reserves or exploration results.

VIDEO - Founders Metals: Unlocking Opportunities in the Guyana Shield CEO Clips Video

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木曜日, 10月 26, 2023
Attention, Metal, Guiana Shield, Oil, Lawa Antino Airstrip

Founders Metals is deploying state of the art exploration techniques to uncover a treasure trove of opportunities.

Key Points: 
  • Founders Metals is deploying state of the art exploration techniques to uncover a treasure trove of opportunities.
  • The Guyana Shield's geological similarities to the Canadian Shield have seasoned geologists intrigued.
  • As they collaborate with local crews, they've achieved remarkable cost efficiency, with all in drilling costs currently at $160 per metre.
  • Founders Metals is primed to capitalize on the gold-rich potential of the Guyana Shield, creating a buzz in the industry.

OTC Markets Group Welcomes Reunion Gold Corporation to OTCQX

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月曜日, 4月 3, 2023
OTCQX, Guiana Shield, RGD, OTC, Gold, Cryptocurrency, Financial adviser

NEW YORK, April 03, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Reunion Gold Corporation (TSX-V: RGD; OTCQX: RGDFF), a gold explorer in the Guiana Shield, South America, has qualified to trade on the OTCQX® Best Market.

Key Points: 
  • NEW YORK, April 03, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Reunion Gold Corporation (TSX-V: RGD; OTCQX: RGDFF), a gold explorer in the Guiana Shield, South America, has qualified to trade on the OTCQX® Best Market.
  • Reunion Gold Corporation upgraded to OTCQX from the OTCQB® Venture Market.
  • Reunion Gold Corporation begins trading today on OTCQX under the symbol “RGDFF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .
  • “We are pleased to reach the milestone of trading on OTCQX, which is the highest market tier of the OTC markets,” stated Rick Howes, the CEO of Reunion Gold.

Orea Initiates Negotiations with Nordgold to Obtain 100% of the 5 Million Ounce Montagne d'Or Gold Deposit; Sanctions Extension Granted by U.S. Department of Treasury, OFAC

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木曜日, 6月 30, 2022
Concession, Metal, TSX, JV, Pandemic, COVID-19, General officer, Industry, Mining, Tax, Metallurgy, U.S. Department of Defense Strategy for Operating in Cyberspace, Perception, Ministry of Oil and Mineral Reserves (Syria), Environment, Treasury, Severstal, Language, OFAC, Nature, Maripa, Phrase, Economics, Administrative court, Compliance, Law of the United Kingdom, Gold, Risk, French Government of the Hundred Days, Mineral, OREA, Forward-looking statement, Acquisition, Epidemic, FSE, Classification, National instrument, Cryptix General License, Constitution, Office of Foreign Assets Control, Supreme court, News, Multimedia, AIF, View, Resource management, Guiana Shield, Mineral resource estimation, Risk management, Company, Montagne d'Or mine, Montagne, Lawa Antino Airstrip, BC, Nordgold, Orea

Pursuant to General License 37, OFAC authorized Orea to wind-down its JV with Nordgold by July 1, 2022.

Key Points: 
  • Pursuant to General License 37, OFAC authorized Orea to wind-down its JV with Nordgold by July 1, 2022.
  • On June 13, 2022, Orea announced that in response to the sanctions, that it had initiated an action plan.
  • On June 22, 2022, Orea made a formal request to OFAC for an extension to the July 1, 2022, deadline, to unwind its JV with Nordgold.
  • Two days ago, on June 28, 2022, OFAC issued a new General License related to Nordgold.

/R E P E A T -- RHYOLITE IDENTIFIES 3.5 KM OF GOLD MINERALIZED SHEAR ZONE IN THE GUIANA SHIELD GREENSTONE BELT OF SURINAME/

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火曜日, 5月 17, 2022
Company, Doctor of Philosophy, News, Multimedia, TSX Venture Exchange, Gold, Brother, Failure, Legislation, Intention, QP, Forward-looking statement, Guiana Shield, National Instrument 43-101, HQ, National instrument, Mining, Rhyolite

The shear zone is open on strike at both ends and is open down dip.

Key Points: 
  • The shear zone is open on strike at both ends and is open down dip.
  • The drill program was completed in late March 2022.
  • Fred Stanford, Chief Executive Officer of Rhyolite, commented: "These initial holes were drilled to test for gold mineralization at shallow depths.
  • Forward-looking statements include, but are not limited to, statements with respect to the use of proceeds of the Offering.

RHYOLITE IDENTIFIES 3.5 KM OF GOLD MINERALIZED SHEAR ZONE IN THE GUIANA SHIELD GREENSTONE BELT OF SURINAME

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月曜日, 5月 16, 2022
Company, Doctor of Philosophy, News, Multimedia, TSX Venture Exchange, Gold, Brother, Failure, Legislation, Intention, QP, Forward-looking statement, Guiana Shield, National Instrument 43-101, HQ, National instrument, Mining, Rhyolite

TORONTO, May 16, 2022 /PRNewswire/ - Rhyolite Resources Ltd. (TSXV: RYE) ("Rhyolite" or the "Company")is pleased to announce that its inaugural 3,000-metre diamond core drilling program at the Brothers Project in Suriname has identified a gold mineralized shear zone 3.5 km in length.

Key Points: 
  • TORONTO, May 16, 2022 /PRNewswire/ - Rhyolite Resources Ltd. (TSXV: RYE) ("Rhyolite" or the "Company")is pleased to announce that its inaugural 3,000-metre diamond core drilling program at the Brothers Project in Suriname has identified a gold mineralized shear zone 3.5 km in length.
  • The shear zone is open on strike at both ends and is open down dip.
  • Fred Stanford, Chief Executive Officer of Rhyolite, commented: "These initial holes were drilled to test for gold mineralization at shallow depths.
  • Planned follow-up exploration will include trenching and field sampling in the southern part of Brothers that hosts volcanic-sedimentary lithologies resembling the world-class Rosebel and Merian gold mines in Suriname.