Barrick Gold

SSR Mining Achieves 2020 Production Guidance and Provides Full Year 2021 Outlook of 720,000 to 800,000 Gold Equivalent Ounces at AISC of $1,050 to $1,110 Per Ounce

Tuesday, January 19, 2021 - 10:21pm

For 2020, gold production for pler was 327,000 ounces, in-line with updated full-year guidance.

Key Points: 
  • For 2020, gold production for pler was 327,000 ounces, in-line with updated full-year guidance.
  • In 2021, pler is expected to produce 310,000 to 340,000 ounces of gold at mine site AISC of $760 to $810 per ounce.
  • Marigold finished the year with strong quarterly gold production of 77,000 ounces, a new quarterly record for the operation.
  • In 2021, Marigold production is expected to be 235,000 to 265,000 ounces of gold at mine site AISC of $1,250 to $1,290 per ounce.

Ridgeline Minerals Intersects Wenban Formation and Drills 0.22 g/t Gold and 860 g/t Silver over 0.2 Meters at the Swift Project, Nevada

Wednesday, January 13, 2021 - 1:30pm

Data from the Phase I program will aid in vectoring towards higher grade gold targets in Ridgeline's 2021 Phase II drill program.

Key Points: 
  • Data from the Phase I program will aid in vectoring towards higher grade gold targets in Ridgeline's 2021 Phase II drill program.
  • SW20-001 & SW2-002 intersected Lower Plate carbonate host rocks interpreted as the Wenban and Roberts Mountains formation starting at 425 m vertical depth.
  • Significance - The Wenban formation had not previously been intersected with historic drilling at Swift and is considered the primary gold host (see Swift Stratigraphic Section ) to the Nevada Gold Mines owned Cortez Complex (34.8 Moz.
  • Notable examples include the Nevada Gold Mines, (a joint venture between Barrick Gold and Newmont Mining Corp.) owned Goldstrike, Pipeline, Cortez Hills and Goldrush deposits.

Caldas Gold Reports Fourth Quarter and Full Year 2020 Gold Production

Wednesday, January 13, 2021 - 12:00pm

TORONTO, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Caldas Gold Corp. (TSX-V: CGC; OTCQX: ALLXF) announced today that it produced a total of 2,520 ounces of gold in December 2020 bringing the total for the fourth quarter of 2020 to 7,181 ounces, up from 7,057 ounces produced in the fourth quarter last year.

Key Points: 
  • TORONTO, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Caldas Gold Corp. (TSX-V: CGC; OTCQX: ALLXF) announced today that it produced a total of 2,520 ounces of gold in December 2020 bringing the total for the fourth quarter of 2020 to 7,181 ounces, up from 7,057 ounces produced in the fourth quarter last year.
  • This brought Marmatos daily processing rate to an average of 909 tpd in the fourth quarter of 2020 compared with 1,009 tpd in the fourth quarter last year.
  • Head grades improved to an average of 3.0 g/t in the fourth quarter of 2020, up from 2.7 g/t the fourth quarter last year.
  • Caldas Gold expects to release its 2020 fourth quarter and annual financial results on or about March 30, 2021.

Hycroft Appoints Jack Henris As Chief Operating Officer And Fortifies Operating And Technical Teams With Several Key Additions

Tuesday, January 12, 2021 - 12:35pm

A thorough review of the organizational structure, including the identification of technical and operating needs, led to a bolstering and restructuring of the Hycroft operating team.

Key Points: 
  • A thorough review of the organizational structure, including the identification of technical and operating needs, led to a bolstering and restructuring of the Hycroft operating team.
  • The vision and leadership of the senior team will be critical components in the success of this long-life operation."
  • At Barrick Gold Corporation ("Barrick"), Mr. Henris held positions as Mine Operations Supervisor and Senior Mine Planner at the Goldstrike Mine.
  • Hycroft is a US-based, gold and silver producer operating the Hycroft mine located in the world-class mining region of Northern Nevada.

Teranga Reports Highest Quarterly Production in Company History Driving a 40% Increase in Annual Gold Production; Beats High End of Full-Year Guidance Range to Achieve Fifth Consecutive Year of Record Gold Production

Tuesday, January 12, 2021 - 11:00am

This marks the fifth consecutive year that the Company has both attained record annual gold production and exceeded production guidance.

Key Points: 
  • This marks the fifth consecutive year that the Company has both attained record annual gold production and exceeded production guidance.
  • Teranga produced a record 119,364 ounces of gold in the fourth quarter, increasing full year production to 404,460 ounces of gold in 2020, a year-over-year increase of 40%.
  • Full year gold production topped the high end of the Companys increased guidance range of between 375,000 and 400,000 ounces with both of its operating mines, Sabodala-Massawa and Wahgnion, meeting or exceeding each of their respective guidance ranges.
  • The Companys original 2020 production guidance range of 345,000 to 355,000 ounces was adjusted upward mid-year.

Advance Gold to Drill Below High-Grade Gold Vein with 1.70m of 9.46 g/t Au at Tabasquena, Mexico

Monday, January 11, 2021 - 12:45pm

Regionally the Tabasquea project is located in the heart of the world's most prolific silver belt which extends for hundreds of kilometres.

Key Points: 
  • Regionally the Tabasquea project is located in the heart of the world's most prolific silver belt which extends for hundreds of kilometres.
  • Advance Gold is a junior exploration company focused on acquiring and exploring mineral properties containing precious metals.
  • In addition, Advance Gold holds an 11.79% interest in strategic claims in the Liranda Corridor in Kenya, East Africa.
  • The remaining 88.21% of the Kakamega project is held by Shanta Gold Limited (project previously owned by Barrick Gold Corporation, for details see Advance Gold News Release dated 2020-08-26).

New Placer Dome Gold Corp. Drills 6.1 Metres of 10.22 g/t Gold, Expanding Gold Mineralization at its Kinsley Project in Nevada

Monday, January 11, 2021 - 8:05am

ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory and is independent of New Placer Dome and the QP.

Key Points: 
  • ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory and is independent of New Placer Dome and the QP.
  • New Placer Dome follows industry standard procedures for the work carried out on the Kinsley Mountain Gold Project, with a quality assurance/quality control (QA/QC) program.
  • About New Placer Dome Gold Corp.
    New Placer Dome Gold Corp. is a gold exploration company focused on acquiring and advancing gold projects in Nevada.
  • The Bolo Project, located 90 km northeast of Tonopah, Nevada, is another core asset, similarly hosting Carlin-style gold mineralization.

Tanzanian Gold Enhances and Expands its Relationship with Tanzania to Advance the Buckreef Gold Project

Friday, January 8, 2021 - 5:13am

STAMICO, which is 100% owned by the United Republic of Tanzania (the Government), owns a 45% non-dilutable equity interest in Buckreef Gold Company Limited, which wholly-owns the Project.

Key Points: 
  • STAMICO, which is 100% owned by the United Republic of Tanzania (the Government), owns a 45% non-dilutable equity interest in Buckreef Gold Company Limited, which wholly-owns the Project.
  • An update of a mine plan is a normal procedure under the provisions of the Tanzanian mining laws.
  • Mr. Stephen Mullowney, Chief Executive Officer (TanGold), commented, This is an important step forward in the development of Buckreef.
  • Tanzanian Gold Corporation is advancing on three value-creation tracks:
    Strengthening its balance sheet from expanding near-term production to 15,000 - 20,000 oz.

Advance Gold Intersects 240g/t Silver over 2.30m in Hole 18 and 383g/t Silver over 0.80m in Hole 19 at Tabasquena

Tuesday, December 29, 2020 - 7:01pm

Drill core is logged and sampled in a secure core storage facility located near the Tabasquena claims at Ojocaliente, Mexico.

Key Points: 
  • Drill core is logged and sampled in a secure core storage facility located near the Tabasquena claims at Ojocaliente, Mexico.
  • Advance Gold is a junior exploration company focused on acquiring and exploring mineral properties containing precious metals.
  • In addition, Advance Gold holds an 11.97% interest in strategic claims in the Liranda Corridor in Kenya, East Africa.
  • The remaining 88.03% of the Kakamega project is held by Shanta Gold Limited (project previously owned by Barrick Gold Corporation, for details see Advance Gold News Release dated 2020-08-26).

HighGold Intersects 190.5 g/t Gold over 0.5 meters at Munro-Croesus Project, Timmins Area, Ontario

Tuesday, December 22, 2020 - 1:49pm

190.5 g/t Au over 0.5 meters, including 311.0 g/t Au over 0.3 meters

Key Points: 
  • Assays have been received for nine (9) holes with significant results reported below and in Table 1.
    within a broad alteration & vein zone grading 3.16 g/t Au over 4.2 meters.
  • The former Croesus Gold Mine is renowned for having produced some of the highest-grade gold mined in Canada.
  • Total historical Croesus mine gold production from milled ore as reported by the Ontario Department of Mines (Reference Ontario Department of Mines Vol.
  • LX, Part VIII, 1951) was 14,854 ounces gold from 5,333 short tons milled for an average grade of 2.78 oz gold per short ton (95.3 g/tonne).