Precious metals

Sabina Gold & Silver Corp. Reports Updated Mineral Resource Estimate for the Back River Gold Project, Nunavut, Canada.

Wednesday, January 20, 2021 - 12:24pm

In addition Llama, Umwelt and Goose Main deposits have sufficient data density for Mineral Resources to be classified as Measured.

Key Points: 
  • In addition Llama, Umwelt and Goose Main deposits have sufficient data density for Mineral Resources to be classified as Measured.
  • The Umwelt deposit continues to be a key base for resource growth at the Back River Gold Project since its discovery in 2010.
  • Sabina Gold & Silver Corp.
    Sabina Gold & Silver Corp. is well-financed and is an emerging precious metals company with district scale, advanced, high grade gold assets in Nunavut, Canada.
  • In addition to Back River, Sabina also owns a significant silver royalty on Glencores Hackett River Project.

First Majestic Produces 5.5M Silver Eqv. Oz in Q4 2020 (3.5M Silver Oz and 26K Gold Oz); Provides 2021 Outlook and Conference Call Details

Wednesday, January 20, 2021 - 12:00pm

*The following prices were used in the calculation of silver equivalent ounces: Silver: $24.39 per ounce; Gold: $1,874 per ounce.

Key Points: 
  • *The following prices were used in the calculation of silver equivalent ounces: Silver: $24.39 per ounce; Gold: $1,874 per ounce.
  • The mill processed a total of 208,648 tonnes with average silver and gold grades of 309 g/t and 3.10 g/t, respectively.
  • The Central Block and Sinaloa Graben areas contributed approximately 72% and 24%, respectively, of the total production during the quarter.
  • For 2021, the Company is using an 80:1 silver to gold ratio compared to a 100:1 silver to gold ratio in its revised 2020 guidance.

Patriot Gold Group Looks Ahead to 2021 as "Visionary 2020 Election Protection" Becomes Reality

Tuesday, January 19, 2021 - 1:30pm

Goldman Sachs raised their 2021 forecast to $2300 an ounce and Wells Fargo stated "Now Is The Time To Buy Gold".

Key Points: 
  • Goldman Sachs raised their 2021 forecast to $2300 an ounce and Wells Fargo stated "Now Is The Time To Buy Gold".
  • Patriot Gold Group is following up their "2020 Election Protection America First IRA" with the "2021 Patriot Protection America First IRA" and is extending the deadline until Tax Day, April 15th2021 with our NO FEE FOR LIFE IRA on qualifying IRAs.
  • Jack Hanney is the CEO & Co-Founder of Patriot Gold Group and a nationally sought after financial speaker and guest.
  • Here: FOX23TULSAJACKHANNEY
    Patriot Gold Group ( www.patriotgoldgroup.com ) is a nationwide investment group with more than 50 years of precious metals investing experience.

Fremont Amends Terms for Griffon Gold Project

Tuesday, January 19, 2021 - 12:08am

Vancouver, British Columbia--(Newsfile Corp. - January 18, 2021) - Fremont Gold Ltd. (TSXV: FRE) (OTCQB: FRERF) (FSE: FR2) ("Fremont" or the "Company") is pleased to announce that it has amended the terms of the option agreement relating to the Griffon gold project ("Griffon"), a past-producing gold mine located at the southern end of the Cortez Trend in White Pine county, Nevada.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 18, 2021) - Fremont Gold Ltd. (TSXV: FRE) (OTCQB: FRERF) (FSE: FR2) ("Fremont" or the "Company") is pleased to announce that it has amended the terms of the option agreement relating to the Griffon gold project ("Griffon"), a past-producing gold mine located at the southern end of the Cortez Trend in White Pine county, Nevada.
  • In December 2019, Fremont entered into an option agreement (the "Option Agreement") with Pilot Gold (USA) Inc. ("Pilot"), a wholly owned subsidiary of Liberty Gold Corp. ("Liberty"), to acquire 100% of Griffon (see news release dated December 18, 2019).
  • Founded by geologists that have a track record of making multi-million-ounce gold discoveries, Fremont has assembled a portfolio of quality gold projects located in Nevada's most prolific gold trends.
  • The Company's property portfolio includes North Carlin, a new discovery opportunity, Cobb Creek, which hosts a historic resource, Griffon, a past producing gold mine, and Hurricane, which has returned significant gold intercepts in past drilling.

NORNICKEL'S PALLADIUM FUND LAUNCHES ETCs ON DEUTSCHE BÖRSE

Monday, January 18, 2021 - 6:01am

Moscow, January 18, 2021 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that Global Palladium Fund (GPF), founded by Nornickel, has launched Exchange Traded Commodities (ETC) for metals on Deutsche Brse giving markets low-cost access to commodity investment opportunities.

Key Points: 
  • Moscow, January 18, 2021 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that Global Palladium Fund (GPF), founded by Nornickel, has launched Exchange Traded Commodities (ETC) for metals on Deutsche Brse giving markets low-cost access to commodity investment opportunities.
  • The fund intends to launch the ETCs on the London Stock Exchange within a few days.
  • GPF contributes physical palladium, platinum, gold and silver to the ETC instruments.
  • The ETCs are offered at LME spot price with a competitive total expense ratio on the current market.

Royal Gold Presenting at the TD Securities Mining Conference

Thursday, January 14, 2021 - 9:28pm

Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, Royal Gold or the Company, we or our) announced today that management will present virtually at the TD Securities Mining Conference.

Key Points: 
  • Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, Royal Gold or the Company, we or our) announced today that management will present virtually at the TD Securities Mining Conference.
  • Dan Breeze, Vice President Corporate Development, RGLD Gold AG, will present on Thursday, January 28, from 11:10 a.m. to 11:30 a.m.
  • Royal Gold is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests.
  • Royal Gold is publicly traded on the Nasdaq Global Select Market under the symbol RGLD.

Torex Gold Provides 2021 Operational Outlook

Thursday, January 14, 2021 - 11:00am

Jody Kuzenko, President and CEO of Torex, stated:

Key Points: 
  • Jody Kuzenko, President and CEO of Torex, stated:
    As we continue our pattern of consistent and reliable operational performance on the heels of a guidance beat in 2020, we expect another year of strong cash flow in 2021.
  • Operational guidance in 2021 is predicated on an average gold price of $1,700 per ounce while 2020 original guidance was predicated on $1,400 per ounce.
  • The assumption of a $300 per ounce higher gold price impacts costs by approximately $35 per ounce in 2021.
  • ABOUT TOREX GOLD RESOURCES INC.
    Torex is an intermediate gold producer based in Canada, engaged in the mining, developing and exploring of its 100% owned Morelos Gold Property, an area of 29,000 hectares in the highly prospective Guerrero Gold Belt located 180 kilometres southwest of Mexico City.

Platinum Group Metals Ltd. Reports First Quarter Results

Wednesday, January 13, 2021 - 10:30pm

Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - January 13, 2021) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") reports the Company's financial results for the three months ended November 30, 2020 and provides a summary of recent events and outlook.

Key Points: 
  • Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - January 13, 2021) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") reports the Company's financial results for the three months ended November 30, 2020 and provides a summary of recent events and outlook.
  • Lion was jointly formed in 2019 by Platinum Group and Anglo to accelerate the development of next-generation lithium battery technology using platinum and palladium.
  • Lion was jointly formed in 2019 by Platinum Group and Anglo to accelerate the development of next-generation battery technology using platinum and palladium.
  • About Platinum Group Metals Ltd. and Waterberg Project
    Platinum Group Metals Ltd. is the operator of the Waterberg Project, a bulk underground palladium and platinum deposit located in South Africa.

Provenance Gold Signs Definitive Joint Venture Agreement for the Drilling and Exploration of its Silver Bow Property

Wednesday, January 13, 2021 - 12:01pm

The companies believe the property hosts several excellent gold and silver exploration targets.

Key Points: 
  • The companies believe the property hosts several excellent gold and silver exploration targets.
  • Under the terms of this definitive agreement Palayan will receive a 49.5% interest (the "Palayan JV Interest") upon funding of an initial 20-hole drill program on Provenance's Blue Horse claim, within Silver Bow property.
  • Provenance confirmed this with surface samples that returned 293 g/t Au, 12.4 g/t Au and 10.2 g/t Au, respectively, and silver values up to 785 g/t.
  • We are excited about this program and believe it is the start of confirming a large gold and silver system on the Silver Bow property, while also enabling us to advance our White Rock property.

Gaia Metals Intercepts 4.11 g/t Gold and 33.0 g/t Silver over 12 m in Drill Hole at the Freeman Creek Gold Property, Idaho, USA

Tuesday, January 12, 2021 - 2:00pm

In addition, an IP-resistivity survey is being considered due to the strong association of sulphide in the mineralized quartz veining.

Key Points: 
  • In addition, an IP-resistivity survey is being considered due to the strong association of sulphide in the mineralized quartz veining.
  • Overlimits for Au (>10 g/t) and Ag (>200 g/t) were determined by gravimetric analysis (codes GO_FAG30V and GO_FAG37V, respectively).
  • Gaia Metals Corp. is a mineral exploration company focused on the acquisition and development of mineral projects containing base and precious metals, including platinum group elements, and lithium.
  • The Company's flagship asset is the Freeman Creek Gold Property, located in Idaho, USA.