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Gelum Plans Acquisition of Las Tinajas Gold Project, Northern Maricunga Belt, Chile
TMX Newsfile· 2026-02-27 22:40
Core Viewpoint - Gelum Resources Ltd. has entered into a letter of intent to acquire a 100% interest in the Las Tinajas Gold Project, which spans 2,600 hectares in the Maricunga Gold Belt, Chile, marking a significant step in the company's corporate development and positioning it as a premier gold exploration company focused on South America [1][2]. Acquisition Details - The Las Tinajas Gold Project is located 120 km northeast of Copiapó, Chile, within the Maricunga Gold Belt, which contains a total of 103 million ounces of gold [1][2]. - The acquisition will involve a total consideration of USD 9 million, with a structured payment plan over four years, including a minimum work commitment of 4,000 meters of drilling [12][13]. Geological and Exploration Highlights - The Las Tinajas project features gold mineralization associated with silicified porphyry intrusions and diatreme breccias, with significant historical drilling results indicating intervals of over 1 g/t gold [2][4]. - Historical drilling campaigns have revealed multiple significant gold intervals, including 43 meters of 1.18 g/t Au and 26 meters of 2.09 g/t Au [9]. - The project area has not been fully explored, with potential for expanding known mineralized centers and testing favorable geological contacts [2][4]. Upcoming Work Program - Gelum plans a two-phase work program to validate historical data and expand surface exploration, followed by drilling to define mineralization and complete a maiden NI 43-101 mineral resource estimate [7]. - Preliminary metallurgical work will also be initiated on representative mineralized samples to establish recovery parameters [7]. Management and Corporate Strategy - Gelum's CEO, Henk Van Alphen, emphasized that the acquisition of Las Tinajas will significantly enhance shareholder value and transform the company into a leading gold exploration entity [2]. - The company is led by experienced management and advisors in the mining and financial sectors, indicating a strong foundation for future growth [16].
International Tower Hill Mines As A Cheap Lever On The Price Of Gold, A Change Worth $115 Million
Seeking Alpha· 2026-02-27 22:23
Group 1 - The focus is on maintaining a delta neutral portfolio, aiming to be long/short simultaneously to benefit from market volatility [1] - The strategy involves using options for entering and exiting trades, primarily targeting small and mid-sized companies for market opportunities [1]
Granada Gold Mine Clarifies Share Offering Details
Thenewswire· 2026-02-27 22:00
Core Viewpoint - Granada Gold Mine Inc. has clarified details regarding the closing of its recent Offering, including the payment of finder’s fees and the issuance of share purchase warrants [1] Group 1: Financial Details - The company paid finder’s fees totaling C$135,730 in cash [1] - A total of 2,714,600 non-transferable share purchase warrants were issued, each exercisable at a price of C$0.07 per share for five years [1] Group 2: Company Operations - Granada Gold Mine Inc. is actively developing and exploring its 100% owned Granada Gold Property near Rouyn-Noranda, Quebec, which spans 14.73 square kilometers [3] - The company is currently conducting a large drill program, with 20,000 meters completed out of a planned 120,000 meters [3] - Drilling operations are paused to allow the technical team to evaluate existing data and await improved market conditions [3] Group 3: Historical Context - The Granada Shear Zone and the South Shear Zone contain up to twenty-two mineralized structures trending east-west over five and a half kilometers, with historical underground grades of 8 to 10 grams per tonne gold [4] - The former Granada Gold underground mine produced over 50,000 ounces of gold at 10 grams per tonne in the 1930s [5] - Historical bulk samples extracted in the 1990s included 87,311 tonnes grading 5.17 g/t Au and 22,095 tonnes grading 3.46 g/t Au [5]
KORE Closes Tranche 2 Of The Previously Announced Private Placement And Provides Corporate Updates
Thenewswire· 2026-02-27 21:35
  Vancouver, BC – February 27, 2026 - TheNewswire – KORE Mining Ltd. (TSXV: KORE) (“KORE” or the “Company”) is pleased to announce that, further to its news releases dated December 4, 2025 and October 20, 2025, the Company has received disinterested shareholder approval at its annual general and special meeting held on February 24, 2026 (the “Meeting”) in connection with the closing of Tranche 2 of its previously announced private placement (the “Offering”), which resulted in the creation of a new Control P ...
Renegade Gold to Attend 2026 Prospectors & Developers Association of Canada Convention
TMX Newsfile· 2026-02-27 20:19
Group 1 - Renegade Gold Inc. will attend the 2026 Prospectors and Developers Association of Canada Convention from March 1 to 4, 2026, at the Metro Toronto Convention Centre [1][8] - Attendees can visit Booth 3046 to learn more about the company's exploration activities in the Red Lake Mining District of Northern Ontario [2][8] - Renegade Gold Inc. is a growth-oriented exploration company with a district-scale portfolio in the Red Lake region, focusing on advancing defined gold resources and development-stage assets [3][4] Group 2 - The company has assembled one of the largest and most prospective land packages in Red Lake, totaling approximately 1,380 km², strategically located near producing mines and advanced-stage deposits [4] - Renegade's diversified portfolio includes advanced exploration assets with established Mineral Resources and earlier-stage targets along key structural corridors that host significant gold discoveries in Red Lake [4]
Video - CEO Clips: Erdene Resource Development Advances High-Grade Gold Project in Mongolia
TMX Newsfile· 2026-02-27 18:30
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Erdene Resource Development (TSX: ERD) (OTCQX: ERDCF) is producing at a high-grade gold project in an underexplored district in Mongolia while progressing studies and exploration on gold, copper and molybdenum prospects. The company's first mover position and strategic local partnership support continued exploration and multi-commodity growth.Erdene Resource Development. (TSX: ERD) (OTCQX: ERDCF)https://erdene.com/About BTV - Business Tele ...
Southern Cross Gold Consolidated Ltd. (SXGC) Opens the Market
TMX Newsfile· 2026-02-27 16:15
Core Viewpoint - Southern Cross Gold Consolidated Ltd. has graduated to the Toronto Stock Exchange, marking a significant milestone for the company and its future growth prospects [1]. Group 1: Company Overview - Southern Cross Gold is developing a major gold-antimony mine at its flagship Sunday Creek project, located 60 kilometers north of Melbourne in Victoria's Central Goldfields [2]. - The Sunday Creek project features world-class geology, having produced 79 intercepts exceeding 100g/t Au from 113 kilometers of drilling, in a region with a mining history dating back to the 1850s [2]. Group 2: Funding and Operations - The company is fully funded and permitted for a 200-kilometer drill campaign, utilizing 10 surface rigs and planning to add 12 underground rigs by the end of 2026, coinciding with the completion of its permitted exploration decline [3]. - Southern Cross Gold is actively expanding its experienced team and board to enhance shareholder value and create job opportunities in the region [3].
Golden Cariboo to Showcase Quesnelle Gold Quartz Mine Project at Prospectors & Developers Association of Canada (PDAC)
Thenewswire· 2026-02-27 15:10
 Booth #2351 | March 1–4, 2026 | Toronto, CanadaVANCOUVER, B.C. – TheNewswire - February 27, 2026 - Golden Cariboo Resources Ltd. (“Golden Cariboo”  or  “Company”) (CSE:GCC | (OTC:GCCFF | WKN:A402CQ | FSE:3TZ) is pleased to announce that it will be exhibiting at the Prospectors & Developers Association of Canada (PDAC) Convention 2026, taking place March 1–4, 2026 at the Metro Toronto Convention Centre in Toronto, Ontario.Attendees are invited to visit Booth #2351 in the Investors Exchange to meet manageme ...
Sirios Completes Acquisition Of OVI Mining Corp
TMX Newsfile· 2026-02-27 15:09
Montreal, Quebec--(Newsfile Corp. - February 27, 2026) - Sirios Resources Inc. (TSXV: SOI) (OTCQB: SIREF) ("Sirios") and OVI Mining Corp. ("OVI") are pleased to announce the completion of their previously announced business combination by way of a court approved plan of arrangement under the Business Corporations Act (British Columbia) (the "Transaction"). Under the Transaction, Sirios acquired all of the common shares of OVI (each, an "OVI Share") outstanding immediately prior to the effective time of the ...
Trans Canada Gold Announces Plans for Exploration and Drilling on its Harrison Lake Gold Project, Lays Out Detailed 2026 Drilling Program Targeting Gold
Accessnewswire· 2026-02-27 15:00
VANCOUVER, BC / ACCESS Newswire / February 27, 2026 / Trans Canada Gold Corp. (TSX-V:TTG)(OTCQB:TTGXF) ("Trans Canada" or the "Company"), is pleased to provide a corporate update and announce its Spring 2026 drilling plans on the Harrison Lake Gold Project. The project is demonstrating the same characteristics as the Snowline Gold deposit situated in the Tintina Gold Belt in the Canadian, Yukon. ...