Breaking
Americans Rule Trading
Author

admin

Browsing
Investing

Locksley Announces Major Advancement at Mojave as Structural Mapping Expands Scale of Antimony Target with a 400% Increase in Target Strike Length

Investing 2 Mins Read

Locksley Resources, Ltd. (ASX: LKY,OTC:LKYRF; OTCQX: LKYRYF) announced that recent structural mapping has significantly expanded the scale of its target mineralized corridor at the Desert Antimony Mine (DAM) Prospect. A new parallel structural target was also identified in this mapping, enhancing the potential for a larger mineralized system across multiple zones. Locksley believes this expanded target enhances Mojave’s position as a strategic U.S. critical minerals hub, aligned with accelerating domestic supply-chain initiatives. The structural geology mapping was completed late in the third calendar quarter of 2025. Additional details can be found here: https:cdn-api.markitdigital.comapiman-gatewayASXasx-research1.0file2924-03006166-6A1289419&v=undefined .

‘This second structural mapping program at our Mojave Project has markedly advanced our geological understanding of the project and confirmed the substantial exploration potential of this critical district,’ said Kerrie Matthews , Locksley Resources CEO. ‘The sixfold expansion of the Desert Antimony Mine (DAM) target horizon has fundamentally changed the scale of the opportunity, demonstrating the potential for a much larger mineralized system than originally contemplated. These outstanding results strongly validate our rapid exploration and development strategy.’

In addition to the expansion of Locksley’s antimony target, the mapping also identified several other key opportunities:

  • Regional mapping identified lamprophyre dykes, highlighting potential for additional critical mineral occurrences including carbonatites.
  • Mojave emerging as a district-scale critical minerals hub, strategically aligned with accelerating U.S. onshoring policies.
  • High grade silver assays up to 216 g/t Ag returned from Hendricks Prospect, alongside anomalous Zn, Pb and Cu, including a broader polymetallic system.

The company said that a third phase structural mapping program is expected to commence next month to continue building geological understanding of the project as well as identify new targets.

Locksley Resources ( https://www.locksleyresources.com.au ) is an Australian-based explorer focused on critical minerals and base metals, with assets in both the U.S. and Australia . The company is actively advancing its U.S. Asset, the Mojave Project, in California , targeting rare earths elements (REE) and antimony (The Desert Antimony Mine). The company also has a strategic collaboration with Rice University to develop DeepSolv for domestic processing of North American antimony. This agreement is a cornerstone of Locksley’s U.S. Critical Minerals and Energy Resilience Strategy to accelerate ‘mine-to-market’ deployment of antimony in the U.S.

Contact: Beverly Jedynak , beverly.jedynak@viriathus.com , 312-943-1123; 773-350-5793 (cell)

View original content: https://www.prnewswire.com/news-releases/locksley-announces-major-advancement-at-mojave-as-structural-mapping-expands-scale-of-antimony-target-with-a-400-increase-in-target-strike-length-302580390.html

SOURCE Locksley Resources

News Provided by PR Newswire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

Crypto Market Update: Altcoins Retreat as Bitcoin ETFs See US$2.7 Billion of Inflows

Investing 6 Mins Read

Here’s a quick recap of the crypto landscape for Friday (October 10) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$121,578, down by 1.6 percent in 24 hours. The cryptocurrency’s lowest valuation of the day was US$119,967, and its highest was US$123,548.

Bitcoin price performance, October 10, 2025.

Chart via TradingView

Bitcoin may be trading near record highs, but one of its most respected on-chain indicators suggests the rally could still have significant room to run possibly as far as US$180,000.

The Mayer Multiple, a long-term metric that compares Bitcoin’s current price to its 200-week moving average, remains well below levels that have historically marked market tops.

“Bitcoin is at all-time highs and the Mayer Multiple is ice cold,” crypto analyst Frank Fetter wrote on X (formerly Twitter). According to Fetter, Bitcoin would need to climb to around US$180,000 before the indicator flashes “overbought” conditions, implying that the current cycle could still have room to expand.

The indicator’s historical context adds weight to that view. During Bitcoin’s 2017 and 2021 peaks, the Mayer Multiple surged well above 2.4, signaling excessive market exuberance before major corrections followed.

This time, the pattern looks different. The Multiple’s highest level in the current cycle—1.84 in March 2024, when Bitcoin neared US$72,000—never approached prior extremes, according to Glassnode data. Analysts see this moderation as a sign of a more sustainable advance.

Despite these encouraging on-chain signals, not everyone is convinced the path higher will be smooth. Short-term traders remain divided on whether Bitcoin can maintain momentum into the final quarter of the year.

Trader Tony “The Bull” Severino argued that Bitcoin may be entering a decisive 100-day window. Writing on X, Severino pointed to the Bollinger Bands indicator on Bitcoin’s weekly chart, which has tightened to levels not seen before. He noted that Bitcoin’s recent inability to hold above US$126,000, after briefly testing the upper band, could signal a short-term pullback before any sustained breakout.

Ether (ETH) also slid after last week’s rally, but has since recovered some of its losses. It was up by 0.7 percent over 24 hours to US$4,365.58. Ether’s lowest valuation on Friday was US$4,285.77, and its highest was US$4,401.99.

Altcoin price update

  • Solana (SOL) was priced at US$222.58, an increase of 1.1 percent over the last 24 hours and its highest valuation of the day. Its lowest valuation on Friday was US$217.57.
  • XRP was trading for US$2.83, trading flat over the last 24 hours. Its lowest valuation of the day was US$2.78, and its highest was US$2.84.

Derivatives trends

The crypto derivatives market saw heavy liquidations over the past 24 hours, totaling roughly US$674 million, according to Coinglass data. Long positions accounted for US$505 million of that amount, while short positions made up US$169 million, marking one of October’s sharpest liquidation waves.

Among major assets, Bitcoin long liquidations reached US$116 million, compared to US$68.22 million in shorts, indicating that overleveraged bullish traders bore the brunt of the latest downturn. Ether long positions were liquidated for US$146 million, against US$34.54 million in shorts, reflecting a similar shakeout of optimistic bets amid heightened volatility.

Despite the sell-off, futures open interest for Bitcoin rose 0.23 percent in the last four hours to US$90.19 billion, suggesting that traders are gradually re-entering positions or maintaining leverage at elevated levels.

Ether futures open interest also ticked up 0.22 percent to US$59.53 billion, showing that market participants remain engaged even after widespread liquidations.

Bitcoin’s relative strength index (RSI) at 72.15 indicates that the asset remains in overbought territory, potentially signaling near-term price swings or corrective moves. Still, the market’s resilience near the US$120,000 level points to continued speculative interest.

Today’s crypto news to know

XRP, DOGE, SOL slip as US$2.7 billion flows into Bitcoin ETFs

Major altcoins faced losses Friday as traders took profits from Bitcoin’s record-breaking rally, even as spot ETF demand remained strong.

Bitcoin briefly dipped to around US$120,000 overnight before stabilizing near US$122,000, while Ether erased its weekly gains with a 2.4 percent drop.

Solana, XRP, Dogecoin, and Cardano each slid up to 3 percent, according to CoinDesk data. Despite the retreat, US-listed Bitcoin ETFs drew US$2.72 billion in inflows this week, highlighting resilient institutional appetite.

The ETF surge underscores Bitcoin’s growing role as a “digital safe-haven,” especially as gold surged above Us$4,000 an ounce. However, a possible pullback to the US$107,000–US$115,000 range could be imminent ahead of the Federal Reserve’s October 29 policy meeting.

EU dismisses ECB’s call for new stablecoin rules

The European Commission said Friday that existing crypto regulations under MiCA are adequate to handle stablecoin risks, pushing back on calls from the European Central Bank for stricter oversight.

According to a Reuters report, the ECB had urged Brussels to introduce new safeguards against “multi-issuance” models, where stablecoins minted outside the EU could be treated as interchangeable with those issued within.

Industry groups, including members like Circle, asked the Commission to formally clarify that multi-issuance is allowed under current rules.

In a statement to Reuters, the Commission said MiCA already provides a “robust and proportionate framework” and that further guidance will be published soon.

The ECB’s main concern is that redemptions from non-EU tokens could drain reserves inside the bloc, posing systemic risks. Stablecoin issuers countered that their reserve structures already mitigate such threats.

Bitcoin ETFs extend Uptober gains as Ethereum products lose momentum

US spot Bitcoin ETFs posted another strong day Tuesday, with US$197.8 million in net inflows, reinforcing Bitcoin’s dominance as institutional investors rotated away from Ethereum products.

Data from SoSoValue showed total Bitcoin ETF assets climbing to US$164.79 billion, representing nearly 7 percent of Bitcoin’s market cap.

BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) led inflows with US$255 million, extending its lead over rivals as total assets surpassed $97 billion. Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) and Grayscale Bitcoin Trust (NYSEARCA:GBTC) saw outflows of US$13 million and US$45 million, respectively.

The renewed demand follows a surge of US$1.19 billion in inflows earlier this week, the highest since July, with BlackRock again accounting for the majority.

Bitcoin has gained over 10 percent in October, peaking at US$126,080 before easing to $121,000. Meanwhile, Ethereum ETFs snapped their eight-day inflow streak with US$8.7 million in withdrawals, reflecting a temporary pause after a strong start to the month.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Keep Reading
Investing

Silver Storm Secures US$7 Million Samsung Financing to Restart Mexican Silver Mine

Investing 3 Mins Read

Canadian miner Silver Storm Mining (TSXV:SVRS,OTCQB:SVRSF) has signed a US$7 million offtake prepayment deal with Samsung Construction and Trading (HKEX:028260) and two of its subsidiaries to help restart production at its La Parrilla silver mine complex in Durango, Mexico.

Under the agreement announced Friday (October 10), Samsung and subsidiaries will provide the financing through a secured prepaid facility over 18 months.

Samsung will receive 100 percent of the lead-silver and zinc concentrates produced at La Parrilla over a two-year period under the offtake agreement. The financing is secured through a corporate guarantee, a share pledge, and first-ranking security on La Parrilla’s assets.

Silver Storm said the facility carries an interest rate of the one-month Secured Overnight Financing Rate (SOFR) plus 4.75 percent, with a six-month grace period for interest and capital repayments.

Repayments will then be made in equal monthly installments over the following 12 months, potentially offset through concentrate sales.

“The company has sufficient liquidity to complete the planned restart and rehabilitation activities at La Parrilla,” said Silver Storm President and CEO Greg McKenzie. “Samsung’s involvement as a guaranteed purchaser for the concentrates reflects the confidence of a leading industry participant in our path forward and provides Silver Storm with another partner that is committed to bringing La Parrilla back into operation.”

The company added that the proceeds will go toward mill rehabilitation and upgrades, underground development, and working capital for the restart phase.

Once a prolific producer of silver and base metals, the La Parrilla complex includes a 2,000-metric-ton-per-day mill and several underground mines.

The company expects operations to resume in the first half of 2026.

The project’s revival is seen as a key milestone for Silver Storm, which holds a 100 percent interest in La Parrilla and the San Diego Project, another large undeveloped silver asset in Durango.

Samsung’s participation, meanwhile, underscores the continued interest of major industrial players in securing critical mineral supply chains.

Offtake financing deals of this nature provide both upfront capital for miners and stable sourcing arrangements for buyers, which is an increasingly common structure in metals markets amid rising demand for silver and other transition-linked minerals.

In recent days the price of silver has reached record highs of US$51 per ounce, alongside sister metal gold which surpassed the US$4,000 level. As the precious metals suite continues to trend higher more sidelined and shuttered projects could be brought online.

Shares of Silver Storm rose 3.30 percent to C$0.235, following the Friday announcement.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Keep Reading
Investing

Gold Mining Stocks Poised for Windfall as Prices Top $4,000 Per Ounce

Investing 12 Mins Read

USA News Group News Commentary

Issued on behalf of GoldHaven Resources Corp.

USA News Group News Commentary Gold smashed through $4,000 per ounce for the first time in history this week, surging over 50% year-to-date as the US government shutdown, ongoing Fed rate cuts, and global economic uncertainty drive unprecedented safe-haven demand [1] . While gold prices break records, gold mining companies are experiencing even more dramatic profit expansion because production costs remain relatively stable while metal prices soar, creating windfall margins that translate every additional dollar in gold prices into pure profit. This historic divergence between surging gold values and contained mining costs positions gold companies from explorers through producers, including GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF), Equinox Gold Corp. (NYSE-American: EQX) (TSX: EQX), IAMGOLD Corporation (NYSE: IAG) (TSX: IMG), Newmont Corporation (NYSE: NEM) (TSX: NGT), and Lahontan Gold Corp. (TSXV: LG,OTC:LGCXF) (OTCQB: LGCXF).

Wall Street analysts are racing to raise targets, with Goldman Sachs now forecasting $4,900 by late 2026 [2] and Michael Langford projecting $4,300 within six months as central banks accelerate diversification into gold [3] . With rate cuts expected through year-end creating ideal conditions for gold’s continued ascent, mining companies with operational leverage to rising prices stand positioned to capture extraordinary value before the broader market fully prices in this structural shift in precious metals economics [4] .

GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) is a Canadian junior exploration company that recently commenced its first-ever diamond drilling program at the Copeçal Gold Project in Brazil’s Juruena Gold Province, a historically productive region that has yielded substantial gold discoveries since the late 1970s. The company is testing high-priority gold targets on a property that was previously explored by AngloGold Ashanti , one of the world’s largest gold mining companies.

The 3,681-hectare Copeçal project sits in Mato Grosso, Brazil , approximately 60 kilometers from Alta Floresta . AngloGold Ashanti invested approximately $1 million in systematic exploration work here between 2010 and 2016, identifying a 6-kilometer-long gold-in-soil anomaly before shifting focus to other global projects. GoldHaven is now testing whether this surface gold signature extends to depth and could indicate an economic gold deposit.

The first drill hole has already intersected approximately 30 meters of saprolite (deeply weathered rock) before entering strongly sheared and hydrothermally altered basement gneiss. The rock shows pervasive chlorite, sericite, and quartz alteration. These are classic indicators of hydrothermal fluid activity associated with gold deposits in similar geological settings.

‘The start of our maiden drill program marks a transformational milestone for GoldHaven Resources ,’ said Rob Birmingham , President and CEO. ‘This moment is the result of systematic exploration, including a 107-hole auger program and ongoing VLF surveys that refined our targets and mapped structural controls. Early geological observations from COP-25 -001 show strong deformation and alteration where saprolite meets basement rock, exactly what we hoped to see. While we await assay results, these features validate our targeting model and align with mineralized systems across the Juruena Gold Province.’

The 1,200-meter drilling program uses Ecodrill with NQ-size diamond core (47.6mm diameter) to drill 5-6 angled holes up to 150 meters deep. The program is testing two zones called East and West, both showing persistent gold-in-soil signatures extending across 3-kilometer strike lengths. Core samples are being processed at ALS Global laboratories, with sample preparation in Cuiabá and assays in Belo Horizonte . Assay results are expected in 4-6 weeks.

‘Copeçal has all the hallmarks of a compelling greenfields opportunity,’ said Jon Hill , former Exploration Manager for AngloGold Ashanti during the project’s initial discovery phase, and current Country Manager in Brazil for GoldHaven , in a previous announcement . ‘As part of the original team that identified the area, I’ve always believed this project warranted drill testing. It sits in an underexplored but highly fertile mineral belt, and thanks to AngloGold’s foundational work, we have robust geochemical and geophysical datasets to guide us.’

GoldHaven’s exploration work leading up to this drilling program included 107 auger drill penetrations and VLF-EM geophysical surveys that helped pinpoint the best drilling locations. The Copeçal asset benefits from year-round road access via highway MT-325 and sits just 60 kilometers from Alta Floresta , a regional hub serviced by daily commercial air connections. The project is positioned among a growing cluster of significant developments including G Mining’s multi-million-ounce Tocantinzinho deposit.

Parallel to Copeçal drilling, GoldHaven has advanced comprehensive summer field programs across its wholly-owned Magno and Three Guardsmen assets in northern British Columbia . The Magno Project footprint has been strategically extended by 5,159 hectares through targeted claim staking.

GoldHaven’s project portfolio includes claim packages totaling 123,900 hectares distributed across three Brazilian projects, supported by a comprehensive 43-101 Technical Report for Copeçal.

CONTINUED… Read this and more news for GoldHaven Resources at:
https://usanewsgroup.com/2025/09/23/the-goldhaven-story-two-continents-one-strategy-systematic-exploration-in-historically-productive-districts/

In other industry developments and happenings in the market include:

Equinox Gold Corp. (NYSE-American: EQX) (TSX: EQX) delivered record consolidated production of 236,470 ounces in Q3 2025, marking the strongest quarterly performance in company history. The Valentine Gold Mine in Newfoundland poured first gold ahead of schedule on September 14 , while the Greenstone Gold Mine in Ontario showed meaningful operational improvements with mining rates exceeding 185,000 tonnes per day and mill grades improving 13% quarter-over-quarter to 1.05 grams per tonne gold.

‘ Equinox Gold delivered a solid third quarter, producing a record consolidated 236,470 ounces of gold, reflecting the strength of our expanded portfolio following the merger completed in June,’ said Darren Hall , CEO of Equinox Gold . ‘Even after the divestment of our Nevada assets, we remain on track to deliver in the mid-range of our consolidated annual gold production guidance of 785,000 to 915,000 ounces.’

The company strengthened its balance sheet during the quarter by reducing debt by US$139 million and maintaining cash and equivalents of $359 million at September 30, 2025 . With Valentine ramping toward consistent nameplate capacity of 2.5 million tonnes per year by Q2 2026 and Greenstone positioned for a strong Q4, Equinox Gold anticipates finishing 2025 in the mid-range of consolidated guidance and carrying momentum into 2026.

IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) announced assay results from its ongoing 2025 drilling programs at the Nelligan and Monster Lake projects in central Quebec , with 27 diamond drill holes totaling 11,583 metres at Nelligan and 16 holes totaling 10,137.5 metres at Monster Lake confirming extensions of mineralized zones. The combined exploration camp, located 60 kilometres southwest of Chibougamau with both projects accessible by road and just 15 kilometres apart, hosts nearly 9 million ounces of resources including Nelligan’s 3.1 million ounces Indicated and 5.2 million ounces Inferred resources alongside Monster Lake’s high-grade 84,200 ounces Indicated and 488,500 ounces Inferred resources.

‘I want to congratulate our exploration team as they continue to expand the mineralized envelope of Nelligan and intersect high-grade veins at Monster Lake,’ said Renaud Adams , CEO of IAMGOLD . ‘The Nelligan and Monster Lake camp has seen rapid growth from a relatively conservative drill program prior to this year, and these results confirm our decision to continue to increase our exploration activities within this camp. When you combine Nelligan with the high-grade satellite Monster Lake deposit, there are nearly 9 million ounces of resources in this mining camp already, positioning Nelligan among the largest gold projects in Canada with significant potential for further growth.’

Drilling at Nelligan successfully extended the deposit further down-plunge to the east below 600 to 700 metres vertical depth with the mineralized sequence remaining open along strike and at depth, while Monster Lake drilling confirmed typical high-grade veins persisting in the general down-plunge of the Megane Zone. The company plans to continue infill and step-out drilling to convert Inferred Resources into the Indicated category while testing deeper extensions and lateral expansions of both deposits.

Newmont Corporation (NYSE: NEM) (TSX: NGT) achieved first gold pour at its Ahafo North Project in Ghana on September 19, 2025 , marking a critical milestone toward commercial production in the fourth quarter of 2025. The project, located at Afrisipakrom approximately 30 kilometres from the company’s Ahafo South operations, is expected to deliver between 275,000 and 325,000 ounces of gold annually over a 13-year mine life while creating approximately 560 permanent and 1,000 contracted roles.

‘The first gold pour at Ahafo North represents a major operational milestone that validates years of careful planning, engineering, and construction, and builds on the strength of our world-class portfolio,’ said Tom Palmer , CEO of Newmont . ‘As we progress toward commercial production, we remain focused on generating enduring value for our shareholders, workforce, host communities, and the government of Ghana .’

The achievement follows the completion of key development phases including ore stockpiling that began in late 2024 and commissioning of critical infrastructure such as processing circuits, mining support facilities, and a tailings storage facility. Following the divestment of the Akyem mine in April 2025 , Ahafo North will become the company’s second operational site in the country and represents Newmont’s third mining investment in Ghana .

Lahontan Gold Corp. (TSXV: LG,OTC:LGCXF) (OTCQB: LGCXF) announced that its Exploration Plan of Operations has begun National Environmental Policy Act review by the Federal Bureau of Land Management for the Santa Fe Mine project in Nevada . The POO will allow for staged exploration drilling of over 700 holes within the Santa Fe Mine Project area, which hosts a National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 ounces gold equivalent and an Inferred Mineral Resource of 411,000 ounces gold equivalent, with the company signing a Contributed Funds Agreement to provide funding to the BLM in support of the NEPA process.

‘ Lahontan is excited to have its Exploration POO enter the NEPA review process,’ said Kimberly Ann , CEO of Lahontan Gold . ‘When NEPA is completed, the POO will allow for staged exploration drilling of over 700 holes within the Santa Fe Mine Project area, greatly enhancing the potential to expand the project’s gold and silver resources and enhance expanded mining opportunities. The Contributed Funds Agreement allows the BLM to utilize additional personnel to complete the NEPA analysis and provide funding in case of a Federal government shutdown.’

The 26.4 square kilometre Santa Fe Mine project had past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing. The company plans to continue advancing the Santa Fe Mine project toward production, update the Santa Fe Preliminary Economic Assessment, and drill test its satellite West Santa Fe project during 2025.

Article Source: https://usanewsgroup.com/goh-profile/

CONTACT:

USA NEWS GROUP
info@usanewsgroup.com
(604) 265-2873

DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is wholly-owned subsidiary of Market IQ Media Group, Inc. (‘MIQ’). This article is being distributed for Baystreet.ca Media Corp. (‘BAY’), who has been paid a fee for an advertising campaign. MIQ has not been paid a fee for GoldHaven Resources Corp. advertising or digital media, but the owner/operators of MIQ also co-owns BAY. There may also be 3rd parties who may have shares of GoldHaven Resources Corp. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by GoldHaven Resources Corp. The scientific and technical information disclosed in this document have been reviewed and approved by two Qualified Persons (QPs). The Copeçal Technical Report identifies Jean-Marc Lopez , B.Sc., FAusIMM, as the Qualified Person responsible for the report. The report ‘GoldHaven Resources Completes Summer Exploration Programs’ states that the technical information has been reviewed and approved by Jonathan Victor Hill , B.Sc. Hons, FAusIMM, an independent Qualified Person and Country Manager of GoldHaven. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

SOURCES CITED:

Logo – https://mma.prnewswire.com/media/2603685/5554569/USA_News_Group_Logo.jpg

View original content to download multimedia: https://www.prnewswire.com/news-releases/gold-mining-stocks-poised-for-windfall-as-prices-top-4-000-per-ounce-302579925.html

SOURCE USA News Group

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2025/09/c5634.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

Canadian Investment Regulatory Organization Trade Resumption – ANT

Investing 1 Min Read

Trading resumes in:

Company: Anteros Metals Inc.

CSE Symbol: ANT

All Issues: Oui

Resumption (ET): 11:15 AM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada .

SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

View original content: http://www.newswire.ca/en/releases/archive/October2025/09/c8506.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

CSE Bulletin: MOC Eligibility Update

Investing 1 Min Read

The following CSE-Listed symbol will become MOC Eligible as detailed below.

Symbol Company Name Effective Date
AUOZ Emperor Metals Inc. Tuesday October 14, 2025
BAR Barranco Gold Mining Corp.
BLLG Blue Lagoon Resources Inc.
FOMO Formation Metals Inc.
GSTR Glenstar Minerals Inc.
MAXX Max Power Mining Corp.
NOM Norsemont Mining Inc.
PHRM PharmaTher Holdings Ltd.
SRAN Sranan Gold Corp.
VRTX Vortex Energy Corp.

 

The full list of MOC-Eligible symbols is available at https://thecse.com/trading/trading-resources/#market-on-close.

For further information, please contact CSE Market Operations at Marketops@thecse.com or 416-306-0772.

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

Tudor Gold Sues BC, Seabridge Over Tunnel Rights in Golden Triangle

Investing 4 Mins Read

An ongoing land-use dispute in British Columbia’s mineral-rich Golden Triangle has escalated into a full-blown legal battle as Tudor Gold (TSXV:TUD,OTC Pink:TDRRF)takes the province and rival Seabridge Gold (TSX:SEA,NYSE:SA) to court over tunneling rights linked to one of Canada’s largest undeveloped mining projects.

Tudor filed a civil claim in the BC Supreme Court on September 22 and a separate petition for judicial review on October 3, alleging that the province acted improperly in granting Seabridge permission to tunnel through Tudor’s mineral claims for the construction of underground infrastructure tied to the massive Kerr–Sulphurets–Mitchell (KSM) project.

The KSM project, owned entirely by Seabridge, is described as one of the world’s largest undeveloped gold and copper deposits.

Tudor, meanwhile, operates the neighboring Treaty Creek property, where exploration since the early 2010s has identified major gold and copper resources at the Goldstorm deposit.

In its filings, Tudor is asking the court to declare that a conditional mineral reserve, which is imposed by the province to protect Seabridge’s tunneling rights, does not apply to its claims, or that British Columbia’s authorities exceeded their legal powers in granting the rights of occupation.

Failing that, Tudor is seeking compensation for expropriation or damages related to misrepresentation.

“We have a new team at Tudor Gold with a significant amount of experience exploring, developing, and mining in the Golden Triangle,” said Tudor president and CEO Joe Ovsenek.

“In assessing the various aspects of the Treaty Creek Project, we filed the claim as we believed it was necessary to preserve our rights impacted by a limitation period; however, we believe the best path forward is to resolve this dispute through negotiation,” Ovsenek added.

Tudor’s case also targets a September 2024 decision by the Ministry of Water, Land and Resource Stewardship (WLRS) granting Seabridge a renewed Licence of Occupation (LoO) for the tunnel corridor.

The 2024 LoO replaced an earlier 2014 licence and provided Seabridge the right to occupy a narrow stretch of Crown land that overlaps Tudor’s mineral claims.

In a July 2024 statement, former Tudor CEO and President, Ken Konkin, wrote: “It is the company’s position that any LoO which allows access for KSM Mining to construct the MTT tunnels through Tudor’s mineral claims is subject to the prior rights of Tudor to its mineral tenures. As a result, the company will continue to strongly oppose any LoO and MTT Tunnel route planned by KSM Mining that would impair Tudor’s newly discovered Goldstorm Deposit.’

The company insists that a Licence of Occupation cannot interfere with the rights of a mineral claim holder, and that the government has a duty to safeguard those rights.

Seabridge, however, maintains that the provincial authorizations are valid and were granted in line with established procedures.

“We have attempted to find terms to avoid a conflict like this with Tudor, but their demands have been unreasonable,” said Seabridge chair and CEO Rudi Fronk in a recent statement. “We are confident that the Province has acted within the law and that the various authorizations for the MTT are appropriate and reliable.”

Fronk added that the KSM project has been deemed in the public interest. Currently, it is already backed by environmental assessment approvals, a pre-feasibility study demonstrating economic viability, and multiple construction permits.

He also accused Tudor of pursuing multiple overlapping court actions in an effort to delay KSM’s progress.

“Tudor now has three concurrent, separate legal actions all directed at voiding authorizations for the MTT. In our view, if Tudor thinks it must bring three separate legal actions, it probably lacks confidence in the success of any one of them,” Fronk added.

For now, the 2024 Licence of Occupation remains in effect as the province and Seabridge prepare to defend it in court. The company said it will continue advancing development work on the KSM project for the benefit of its shareholders.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Keep Reading
Investing

Silver Price Surges Past US$51, Hits New Record

Investing 2 Mins Read

The silver price kept surging on Thursday (October 9), breaking US$51 per ounce.

The white metal has never risen past US$51, and has only traded at the US$50 level twice in the past — once in 2011, and once in 1980, when the Hunt brothers attempted to corner the market.

Silver price chart, October 2 to October 9, 2025.

Known for lagging behind gold before outperforming, silver is now ahead of its sister metal in terms of percentage gains — it’s up just over 65 percent year-to-date, while gold has risen around 53 percent.

Both metals are now at historic highs, with gold breaking US$4,000 per ounce this week. The US government shutdown has helped drive gold’s latest rise, but it’s also seeing underlying support from strong central bank buying, global geopolitical uncertainty, concerns about fiat currencies and expectations of lower interest rates.

Silver acts as both a precious and industrial metal, meaning that it’s driven by many of the same factors as gold, but also has additional sources of demand. According to the Silver Institute, industrial demand for silver reached a record 680.5 million ounces in 2024, driven by usage in grid infrastructure, vehicle electrification and photovoltaics.

Total silver demand was down 3 percent year-on-year in 2024, but still exceeded supply for the fourth year in a row, resulting in a deficit of 148.9 million ounces for the year.

Watch five experts share their thoughts on the outlook for silver.

With silver now past its all-time high, investors are wondering about its long-term prospects.

While many experts have lofty expectations for silver, including triple-digit price predictions, there’s a broad consensus that the white metal may correct before continuing on upward.

However, there’s also recognition that silver’s situation today is different than it was previously.

‘If you have something happen with the supply, and then on top of that at some point you’re running into issues with debt loads and currencies, that would certainly leave us probably into a much different environment for silver than either 1980 or 2011,’ said Chris Marcus, founder of Arcadia Economics.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Keep Reading
Investing

Kobo Resources Intersects 17.0 m at 3.87 g/t Au, Further Defining High-Grade Gold Mineralisation at its Kossou Gold Project

Investing 11 Mins Read

  • High-grade gold intercepts confirm strong continuity at the Road Cut Zone with multiple parallel shears traced along the Contact Zone Fault
  • Drilling continues to expand mineralisation at the Jagger Zone, confirming gold-bearing shears to depths exceeding 240 m and reinforcing the strength of Kobo’s structural model
  • Ongoing 12,000–15,000 m program advancing toward Kobo’s maiden Mineral Resource Estimate, with two rigs active and geological modelling underway across priority targets

Kobo Resources Inc. (‘ Kobo’ or the ‘ Company ‘) ( TSX.V: KRI ) is pleased to report additional diamond drill results from the Jagger and Road Cut Zones at its 100%-owned Kossou Gold Project (‘ Kossou ‘) in Côte d’Ivoire, West Africa. The new results continue to confirm strong continuity of high-grade gold mineralisation at Kossou and enhance the Company’s confidence in the emerging scale and potential of its highly prospective target areas.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251008273472/en/

Figure 1: Road Cut Zone Drill Hole Location Map and Simplified Geology

Diamond Drill Results Highlights:

Road Cut Zone:

  • KDD0095
    • 17.0 metres (‘m’) at 3.87 g/t Au from 22.0, including 9.0 m at 6.84 g/t Au, from 23.0 m
  • KDD0098
    • 6.0 m at 1.48 g/t Au from 157.0 m
  • KDD0099
    • 5.0 m at 2.82 g/t Au from 170.0 m (Contact Zone Target)

Jagger Zone

  • KDD0096
    • 4.0 m at 1.48 g/t Au from 21.0 m
    • 3.0 m at 2.34 g/t Au from 31.0 m
    • 5.0 m at 1.41 g/t Au from 106.0 m
  • KDD0097
    • 4.0 m at 2.30 g/t Au from 240.0 m
    • 6.0 m at 1.52 g/t Au from 350.0 m

These results represent the first six holes from Kobo’s ongoing 12,000–15,000 m diamond drilling program launched on September 4, 2025. The current campaign is focused on systematically expanding known mineralized zones at the Jagger and Road Cut Zones while testing the interpreted structural corridor that links them. Drilling is also continuing to evaluate the Contact Zone Fault ‘( CZ Fault ‘), an important regional structure believed to provide deep fluid pathways for gold mineralisation at Kossou.

Edward Gosselin, CEO and Director of Kobo commented: ‘The latest intersections continue to demonstrate the strength of gold mineralisation within the Road Cut and Jagger structural zones. These results are confirming the continuity of gold-bearing shears and the importance of the Contact Zone Fault as a potential regional control on mineralisation. Particularly, the consistency of gold mineralisation at the Jagger Zone, from surface to greater than 180 m depth, highlights the continuity and strength of the system.’ He continued: ‘Ongoing drilling will allow us to further test these controls, define extensions along strike and at depth, and continue building a comprehensive geological model for Kossou as we progress toward a maiden Resource Estimate on the project.’

Road Cut Zone Highlights

KDD0095, KDD0098, and KDD0099 were drilled along a 150-metre strike length on Sections RCZ500, RCZ600, and RCZ650 (see Figure 1 for drill-hole locations). Full assay results are presented in Table 1 .

The most significant intersection was returned from KDD0095 on Section RCZ500, averaging 17.0 m at 3.87 g/t Au from 22.0 m, including 9.0 m at 6.84 g/t Au from 23.0 m (see Figure 2 and Figure 3). This intercept occurs approximately 20 m beneath artisanal workings and is hosted within a shear zone previously intersected in KDD0012 (11.0 m at 1.71 g/t Au) and KDD0091 (15.55 m at 2.30 g/t Au) . The shear zone parallels the main CZ Fault and lies roughly 60 m west of this structure, suggesting a close spatial and structural relationship.

KDD0098 , drilled on Section RCZ600 , intersected 6.0 m at 1.48 g/t Au from 157.0 m within a shear zone exhibiting typical alteration and quartz veining approximately 12.0 m from the CZ Fault. The mineralisation occurs about 120.0 m below surface. Several additional lower-grade intervals were also intersected within 50.0 m of the CZ Fault in sheared basalt (see Figure 4).

KDD0099 , located approximately 50 m south of KDD0098 on Section RCZ650, intersected 5.0 m at 2.82 g/t Au from 170.0 m directly on the CZ Fault, confirming the presence of gold mineralisation along this important regional structure (see Figure 5).

The intensity of shearing, alteration and quartz veining in the three drill holes in the vicinity of the artisanal mine and CZ Fault is very encouraging for further gold mineralisation and will be further tested with additional diamond drilling.

Jagger Zone Highlights

KDD0094 , KDD0096 , and KDD0097 were drilled on Section JZ600 to evaluate the core mineralisation previously identified and to test the continuity of Structure JZ6 near surface and at depth (see Figures 6 and 7).

KDD0096 intersected 5.0 m at 1.41 g/t Au associated with Structure JZ6, approximately 65 m below surface. KDD0097 , which targeted the 8.0 m at 3.72 g/t Au intersection in KDD0028 at depth, returned 2.0 m at 0.58 g/t Au . Drilling confirms that well-defined shears extend to at least 240 m below surface, with gold grades corresponding to the density of quartz veining within these structures.

Additional intersections of 4.0 m at 2.30 g/t Au and 6.0 m at 1.52 g/t Au in KDD0097 , associated with Structures JZ1 and JZ4 respectively, demonstrate good continuity between 150 m and 180 m depth along the shear zones. These results further validate the Company’s structural model, indicating that gold mineralisation is hosted within a series of steep, westerly dipping shears closely associated with quartz-feldspar porphyry and diorite intrusives within the basaltic volcanic sequence.

Next Steps: Progressing the 2025 Drill Program and Advancing Resource Definition at Kossou

To date, the Company has completed nine diamond drill holes (2,016 m) of a planned 15-hole program (3,600 m) at the Road Cut Zone, and eight holes (2,820 m) of 23 planned holes (11,300 m) at the Jagger and Jagger South Zones. Two drill rigs remain active on site, with drilling continuing to test extensions along strike and at depth across both zones.

Geological modelling of the Jagger and Road Cut Zones is ongoing, with new data being integrated to refine the Company’s structural interpretation and support the definition of mineralized envelopes in advance of Kossou’s maiden mineral resource estimate.

Table 1: Summary of Significant Diamond Drill Hole Results

BHID

East

North

Elev.

Az.

Dip

Length

From

(m)

To (m)

Int.

(m)

Au

g/t

Target

KDD0094

229130

775335

339

70

-50

110.40

No Significant Intersections

Jagger

KDD0095

228562

776300

209

70

-50

152.30

22.00

39.00

17.00

3.87

RCZ

incl.

23.00

32.00

9.00

6.84

RCZ

79.00

82.00

3.00

0.55

RCZ

95.00

97.00

2.00

0.70

RCZ

101.00

104.00

3.00

0.68

RCZ

KDD0096

229088

775320

344

70

-50

158.40

14.00

16.00

2.00

1.00

Jagger

21.00

25.00

4.00

1.48

Jagger

31.00

34.00

3.00

2.34

Jagger

106.00

111.00

5.00

1.41

Jagger

KDD0097

228841

775230

387

70

-50

431.30

68.00

70.00

2.00

1.04

Jagger

76.00

80.00

4.00

0.49

Jagger

87.00

90.00

3.00

1.10

Jagger

240.00

244.00

4.00

2.30

Jagger

281.00

287.00

6.00

1.52

Jagger

303.00

310.00

7.00

0.57

Jagger

350.00

352.00

2.00

1.68

Jagger

362.00

364.00

2.00

1.11

Jagger

378.00

380.00

2.00

0.58

Jagger

400.00

402.00

2.00

1.20

Jagger

KDD0098

228557

776191

215

70

-50

203.30

117.30

124.00

6.70

0.37

RCZ

150.00

152.00

2.00

0.85

RCZ

157.00

163.00

6.00

1.48

RCZ

KDD0099

228592

776152

215

70

-50

221.30

170.00

175.00

5.00

2.82

RCZ

Notes:

Cut-off using 2.0 m at 0.30 g/t Au

Intervals are reported with no more than 3.0 m of internal dilution of less than 0.3 g/t Au except where indicated*

An accurate dip and strike and controls of mineralisation are unconfirmed and mineralised zones are reported as downhole lengths. Drill holes are planned to intersect mineralised zones perpendicular to interpreted targets. All intercepts reported are downhole distances as true width is unknown.

Sampling, QA/QC, and Analytical Procedures

Drill core was logged and sampled by Kobo personnel at site. Drill cores were sawn in half, with one half remaining in the core box and the other half secured into new plastic sample bags with sample number tickets. Core samples are drilled using HQ core barrels to below the level of oxidation and then reduced to NQ core barrels for the remainder of the bore hole. Samples are transported to the SGS Côte d’Ivoire facility in Yamoussoukro by Kobo personnel where the entire sample was prepared for analysis (prep code PRP86/PRP94). Sample splits of 50 grams were then analysed for gold using 50g Fire Assay as per SGS Geochem Method FAA505. QA/QC procedures for the drill program include insertion of a certificated standards every 20 samples, a blank every 20 samples and a duplicate sample every 20 samples. All QAQC control samples returned values within acceptable limits.

Review of Technical Information

The scientific and technical information in this press release has been reviewed and approved by Paul Sarjeant, P.Geo., who is a Qualified Persons as defined in National Instrument 43-101. Mr. Sarjeant is the President and Chief Operating Officer and Director of Kobo.

About Kobo Resources Inc.

Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in Côte d’Ivoire, one of West Africa’s most prolific and developing gold districts, hosting several multi-million-ounce gold mines. The Company’s 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities.

With over 18,500 metres of diamond drilling, nearly 5,900 metres of reverse circulation (RC) drilling, and 5,900 metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou’s Gold Project. Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development.

Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d’Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. Kobo offers investors the exciting combination of high-quality gold prospects led by an experienced leadership team with in-country experience. Kobo’s common shares trade on the TSX Venture Exchange under the symbol ‘KRI’. For more information, please visit www.koboresources.com .

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary Statement on Forward-looking Information:

This news release contains ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; and the delay or failure to receive board, shareholder or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, Kobo assumes no obligation and/or liability to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251008273472/en/

For further information, please contact:

Edward Gosselin
Chief Executive Officer and Director
1-418-609-3587
ir@kobores.com

Twitter: @KoboResources | LinkedIn: Kobo Resources Inc.

News Provided by Business Wire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

Golconda Gold Ltd. Releases Q3 2025 Production Update

Investing 5 Mins Read

Golconda Gold Ltd. (‘Golconda Gold’ or the ‘Company’) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce production of 3,588 ounces of gold for the third quarter of 2025 (‘Q3’) at its Galaxy Gold Mine (‘Galaxy’), an 18% increase in gold production compared to Q2 2025 and a 51% increase compared to Q3 2024.

The Q3 production numbers are as follow:

Mining Q3
2025 		Q2
2025 		Q3
2024
Princeton

Ore Mined (t) 22,303 12,346 7,231
Ore Grade (g/t) 3.39 4.63 3.95
Waste (t) 11,037 11,317 10,669
Galaxy

Ore Mined (t) 18,200 19,135 20,870
Ore Grade (g/t) 3.22 3.06 2.91
Waste (t) 7,253 10,410 14,580
Total

Ore Mined (t) 40,503 31,481 28,101
Ore Grade (g/t) 3.31 3.67 3.18
Waste (t) 18,290 21,727 25,249
Processing Q3
2025 		Q2
2025 		Q3
2024
Concentrate produced (t) 3,229 2,480 2,129
Concentrate grade (g/t) 34.6 38.0 34.8
Gold produced (oz) 3,588 3,030 2,384

Golconda Gold CEO, Ravi Sood commented: ‘Galaxy achieved record gold production in Q3, totalling 3,588 ounces of gold, an 18% increase on Q2 2025 and a 51% increase on Q3 2024. This was largely due to increased ore mined from the Princeton orebody, increasing 81% compared to Q2 2025 due to commencing mining at the Princeton Top section during the quarter. Production in the first three quarters of 2025 is 74% ahead of the same period in 2024. With the materially higher gold price, the Company is generating significant operational cash flow and continues to de-leverage its balance sheet and invest in further expansion at Galaxy, including refurbishment of the existing sub-vertical shaft and associated infrastructure to allow mining on a second level at the Galaxy ore body by the end of 2025, adding an additional ore source to the processing plant, which has significant spare capacity 1 .’

About Golconda Gold

Golconda Gold is an un-hedged gold producer and explorer with mining operations and exploration tenements in South Africa and New Mexico. Golconda Gold is a public company and its shares are quoted on the TSX Venture Exchange under the symbol ‘GG’ and the OTCQB under the symbol ‘GGGOF’. Golconda Gold’s management team is comprised of senior mining professionals with extensive experience in managing mining and processing operations and large-scale exploration programmes. Golconda Gold is committed to operating at world-class standards and is focused on the safety of its employees, respecting the environment, and contributing to the communities in which it operates.

Note:
(1) This is forward-looking information and is based on a number of assumptions. See ‘Cautionary Notes’.


Cautionary Notes

Certain statements contained in this press release constitute ‘forward-looking statements’. All statements other than statements of historical fact contained in this press release, including, without limitation, statements regarding the Company’s expectation that mining on a second level of the Galaxy ore body will start by the end of 2025, the Company’s future financial position and results of operations, strategy, proposed acquisitions, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words ‘believe’, ‘expect’, ‘aim’, ‘intend’, ‘plan’, ‘continue’, ‘will’, ‘may’, ‘would’, ‘anticipate’, ‘estimate’, ‘forecast’, ‘predict’, ‘project’, ‘seek’, ‘should’ or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements.

Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s management’s discussion and analysis for the year ended December 31, 2024. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

Information of a technical and scientific nature that forms the basis of the disclosure in the press release has been approved by Kevin Crossling Pr. Sci. Nat., MAusIMM. Geological Consultant for Golconda Gold, and a ‘qualified person’ as defined by National Instrument 43-101. Mr. Crossling has verified the technical and scientific data disclosed herein and has conducted appropriate verification on the underlying data.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:
Ravi Sood
CEO, Golconda Gold Ltd.
+1 (647) 987-7663
ravi@golcondagold.com
www.golcondagold.com

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading