Brightstar Resources (BTR:AU) has announced 2025 Exploration Drilling Commences at Sandstone
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Bayan Mining and Minerals (BMM:AU) has announced Further Exploration Targets Identified at Bayan Springs
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Investor Insight
A compelling investment opportunity, Radisson Mining is leveraging its significantly high-grade gold asset in the prolific Abitibi Greenstone Belt and a strategic exploration and development plan to aggressively advance its flagship O’Brien gold project.
Overview
Radisson Mining Resources (TSXV:RDS,OTCQB:RMRDF) is a gold exploration company focused on unlocking the value of its 100 percent owned O’Brien gold project, strategically located in the Abitibi Greenstone Belt along the prolific Larder-Lake-Cadillac Break in Quebec, Canada. The company leverages its extensive drilling campaigns, high-grade historical production, and experienced management team to create value for shareholders and stakeholders.
Company Highlights
- Located in tier-one mining district amongst numerous world-class producers
- Experienced Leadership: A seasoned management team and board with a proven track record in mining exploration and development.
- Commitment to Sustainability: Prioritizes environmental stewardship and community engagement in all exploration activities.
Key Project
O’Brien Gold Project: A High-Grade Opportunity in the Abitibi Region
The O’Brien gold project is Radisson’s flagship asset, located in the Abitibi region of northwestern Quebec, along the Larder-Lake-Cadillac Break. The project encompasses the historic O’Brien mine, which produced 587,121 ounces of gold at an average grade of 15.25 grams per ton (g/t) between 1926 and 1957.
Project Highlights
- Location: Situated between the towns of Rouyn-Noranda and Val-d’Or, with excellent infrastructure and access via Trans-Canadian Highway 117
- Recent drilling: 2024 drilling highlighted significant potential for resource expansion at depth with the deepest hole ever drilled at the project returning an intercept of 242 g/t gold over 1 metre within a mineralized interval that averaged 31.24 g/t gold over 8 metres, in addition to the possible re-discovery of the famous “Jewellery Box” zone with an intercept of 1,345 g/t gold over 1 metre
- MOU with IAMGOLD: Memorandum of understanding signed with IAMGOLD to assess the design criteria for processing mined material from O’Brien at the nearby Doyon gold mill. The mill is part of IAMGOLD’s Doyon-Westwood mine complex located just 21 kilometres west of O’Brien directly accessible along Trans-Canada Highway 117.
- Resource Estimate: As of March 2, 2023, the project boasts indicated resources of 1,517,000 tons grading 10.26 g/t gold (501,000 ounces) and inferred resources of 1,601,000 tons grading 8.66 g/t gold (446,000 ounces) at a 4.5 g/t gold cut-off.
- Infrastructure: Proximity to five potential custom milling facilities within 75 km enhances project economics.
2025 Outlook and Exploration & Development Plans
Radisson Mining Resources has released its 2025 outlook and detailed exploration and development plans for the O’Brien gold project in Québec.
Key Highlights:
- Exploration Drilling: A 22,000-metre drilling program is planned to expand known mineralization below existing resources. This follows significant 2024 results, including 242 g/t gold over 1 metre at 1,500 metres depth.
- Surface Exploration: Initiatives include surface stripping and trenching to delineate the extension of the historic ‘Jewellery Box’ zone, recently rediscovered by Radisson drilling.
- Environmental and Community Engagement: Increased focus on baseline environmental studies and community engagement is planned as the project advances toward potential development.
- The 2025 exploration budget is approximately C$6.8 million, fully funded from Radisson’s existing treasury.
Leadership and Expertise
Radisson Mining Resources is led by a team of experienced professionals with extensive backgrounds in mining exploration, development, and operations.
Management Team
Matt Manson -President, Chief Executive Officer, and Director
Matt Manson has over 30 years of international mining experience, including leadership roles in developing the Valentine gold project and the Renard Diamond mine.
Hubert Parent-Bouchard – Chief Financial Officer
Hubert Parent-Bouchard joined Radisson in 2014, bringing expertise in corporate finance and strategic planning.
Kristina Pillon – Manager of Investor Relations
Kristina Pillon brings 15 years of experience in capital markets focused primarily in the resource sector.
Dave Ross – Vice President, Exploration
Dave Ross is a professional geologist with 25 years of experience in mineral resource estimation and the exploration of structurally hosted gold deposits.
Board of Directors
Pierre Beaudoin – Chairman of the Board & ESG Committee Member
Pierre Beaudoin is a seasoned mining executive with over 30 years of international experience in operations, project development and mineral processing.
Peter MacPhail – Director
Peter MacPhail has over 35 years of operational mining experience in Canada, Mexico and Australia, including leadership roles at Alamos Gold.
Michael Gentile – Director, Strategic Advisor & Audit Committee Member
Michael Gentile is a former professional money manager with extensive experience in the mining and natural resource sectors.
Jeff Swinoga – Director & Audit Committee Chair
Jeff Swinoga is a highly accomplished mining executive with over 25 years of mining industry experience in the areas of capital markets, project advancement, development and project construction.
Cindy Valence – Director & ESG Committee Chair
Cindy Valence, MBA, is an experienced manager with over 20 years of experience, having held senior management level positions, including as executive vice-president and chief sustainability officer at Sayona Mining.
Lise Chénard – Director, ESG Committee Member & Audit Committee Member
Lise Chénard is a professional engineer with over 40 years of experience in mining geology (gold, copper, zinc) in Quebec and internationally. Her expertise extends to mining operations, management and technical supervision, resource and reserve audits, and technical studies of mining projects.
Sustainability and Community Engagement
Radisson Mining Resources is committed to responsible exploration and sustainable development. The company actively engages with local communities and stakeholders to ensure its projects deliver long-term value while minimizing environmental impact.
Advancing Towards Value Creation
With a clear vision to expand its high-grade gold resources and unlock exploration upside, Radisson Mining Resources is well-positioned to deliver value to its shareholders. The combination of world-class assets, robust exploration programs, and experienced leadership underscores Radisson’s commitment to becoming a leading gold exploration company in Quebec.
For more information, visitwww.radissonmining.com.
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Global markets were turbulent this week on speculation about US President-elect Donald Trump’s trade policies.
Initial gains on Monday (January 6), driven by rumors of less aggressive tariffs, were followed by a mixed performance as the Consumer Electronics Show (CES) kicked off in Las Vegas, Nevada, and investors awaited key economic data.
1. AI takes center stage at CES
Unsurprisingly, CES underscored the growing influence of artificial intelligence (AI) across the tech landscape, with AI chips for PCs, new electric vehicles and the influence of robotics on the workforce taking center stage.
AI was prominent, featured in everything from appliances to pets. Following substantial investment, companies are under pressure to demonstrate the value and justify the cost of AI integration in their products.
As mentioned, tech stocks rose on Monday as the event began, with chipmakers like NVIDIA (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), Micron Technology (NASDAQ:MU), Advanced Micro Devices (AMD) (NASDAQ:AMD) and Taiwan Semiconductor Manufacturing Company (NYSE:TSM) leading the surge.
NVIDIA, whose CEO Jensen Huang gave the keynote address at CES, was a key focus.
Following the company’s weaker-than-expected revenue outlook in November, investment interest in AI has been dispersing to include companies such as Broadcom and Marvell Technology (NASDAQ:MRVL), whose share prices increased in the fourth quarter of 2024 while NVIDIA’s remained relatively flat.
Broadcom, NVIDIA and Marvell Technology performance, Q4 2024.
Chart via Google Finance.
After a product reveal, NVIDIA saw its share price fall 8.5 percent to US$140.01 on Tuesday (January 7), its largest intraday drop since October 15. Chief among the AI bellwether’s long list of new products are the GeForce RTX 50 series GPUs, built on the Blackwell architecture. The flagship RTX 5090 for demanding workloads will be available this month for US$1,999, while the RTX 5070, a more budget-friendly version, will arrive in February for US$549.
NVIDIA also unveiled Project Digits, a desktop PC designed to empower AI researchers, data scientists and students; it has the ability to run very large AI models on laptops. Developed in collaboration with Taiwan’s MediaTek (TPE:2454), the model is equipped with a Grace Blackwell Superchip and runs a version of the Linux operating system. Project Digits essentially puts an AI-powered personal supercomputer within reach for US$3,000 starting in May.
NVIDIA performance, January 6 to 10, 2025.
Chart via Google Finance.
NVIDIA’s move highlights a broader trend at CES this year: the rise of AI PCs. AMD, Intel (NASDAQ:INTC) and Qualcomm (NASDAQ:QCOM) all introduced chips designed to bring AI to everyday computing. AMD’s high-powered Ryzen CPUs, which will power Dell’s (NYSE:DELL) corporate PCs, reportedly outperform Macs and offer a longer battery life.
Meanwhile, Qualcomm is broadening its business beyond mobile phone chips with the Snapdragon X Platform, an affordable chip for laptops and PCs that will run Microsoft’s (NASDAQ:MSFT) Copilot+ software. The company will also soon release a small desktop computer built with the chip. PC makers including Dell — which announced a rebranding of its PC line — will reportedly offer laptops based on the new product in early 2025.
AMD, Qualcomm and Dell saw share price increases of between 2 and 3.5 percent between Monday and Tuesday. However, Intel’s new processors featuring built-in AI acceleration and a dedicated neural-processing unit in select models weren’t enough to impress investors, and its share price was little changed over the same period.
2. Autonomous vehicles have their moment
While AI PCs generated excitement at CES, another trend emerged: the rise of generative physical AI.
During his keynote, Huang emphasized how this forthcoming shift will revolutionize factory and warehouse automation, a rising subsector he described as ‘a multi-trillion dollar opportunity.’
This sentiment is seemingly shared by OpenAI founder Sam Altman, who wrote in a weekend blog post of a near future where “AI agents join the workforce and materially change the output of companies.’
To accelerate this transition, Huang unveiled NVIDIA Cosmos, an open-source platform designed to simulate real-world environments and accelerate the training of physical AI models like robots and cars. Within Cosmos, AI agents can be trained using Nemotron, a new family of large language models optimized for agentic AI. Based on Meta’s (NASDAQ:META) Llama models, Nemotron leverages NVIDIA’s CUDA and AI acceleration technologies.
“Cosmos will dramatically accelerate the time to train intelligent robots and advanced self-driving cars,” Rev Lebaredian, vice president of omniverse and simulation technology at NVIDIA, said at a press conference on Monday.
Later, news broke of a partnership between NVIDIA and Toyota (NYSE:TM) that will see the carmaker use NVIDIA’s autonomous driving chips and software to advance its self-driving cars. NVIDIA also announced a partnership with Uber (NYSE:UBER) to use its drive logs for AI model training.
“After so many years, with Waymo and Tesla’s (NASDAQ:TSLA) success, it’s very clear (autonomous vehicles) have finally arrived,” said Huang on Monday. Later, during an interview with Yahoo Finance’s Dan Howley, he disclosed that NVIDIA’s technology for autonomous driving is projected to generate US$5 billion in annual sales.
3. Bitcoin price falls below US$100,000
The Bitcoin price rose above US$102,000 early on Monday, following a weekend in which the cryptocurrency regained its 50 day simple moving average, an indicator often described as crucial for a continued bull market.
Adding to the momentum was strong speculation that MicroStrategy (NASDAQ:MSTR) was preparing to increase its holdings further after CEO Michael Saylor hinted at a potential acquisition over the weekend.
The company ultimately purchased 1,070 Bitcoins for a total price of US$101 million.
Adding to bullish sentiment was a research report from JPMorgan (NYSE:JPM); it indicates that Bitcoin miners’ revenue increased for the second consecutive month in December. The positivity extended to altcoins as Solana’s DEX trading volume exceeded that of Ethereum and Base; the price action prompted analysts to set a US$15 target for XRP.
However, as conflicting US jobs and inflation data rolled in, traders’ hopes of an interest rate cut by March diminished. Yields for 10 year Treasuries touched 4.73 percent, resulting in a broad selloff affecting cryptocurrencies and other risk-on assets like tech stocks. The top cryptocurrencies dropped between 4 and 9 percent in early trading on Tuesday.
Bitcoin performance, January 6 to 10, 2025.
Chart via CoinGecko.
US Bitcoin exchange-traded funds (ETFs) saw near-record outflows of US$582 million on Wednesday (January 8) as the downward trajectory continued. Ether ETFs saw substantial outflows totaling US$159.3 million on Wednesday, their largest on record since July. By Thursday (January 9), US$655 million in Bitcoin futures contracts had been liquidated.
Adding to the uncertainty, the US Department of Justice has reportedly been cleared to sell US$6.5 billion worth of Bitcoin seized from Silk Road, which could put downward pressure on Bitcoin’s price.
Altcoins saw greater losses, with XRP being the sole exception.
Ripple’s native cryptocurrency saw periods of recovery on Wednesday after it was reported that CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty met with Trump for dinner. Analysts at Cointelegraph project XRP could surge 40 percent if prices can break out of the current “descending triangle” pattern.
Friday’s (January 10) US jobs data release coincided with a 2.24 percent drop in Bitcoin’s price to below US$92,000 before the markets opened, followed by a rise to US$95,000 midday. Bitcoin’s latest downtrend has led market analysts to believe that the coin’s price may retest areas around US$90,000 as traders contend with uncertainty regarding tariffs and their effects on the US economy, stoking concerns about the possibility of renewed inflation.
According to Santiment analyst Brianq, Bitcoin’s performance can also be partly attributed to decreased purchasing activity by wallets holding between 100 and 1,000 Bitcoin, which drove Bitcoin’s most recent bull cycle.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
This post appeared first on investingnews.com
Global markets were turbulent this week on speculation about US President-elect Donald Trump’s trade policies.
Initial gains on Monday (January 6), driven by rumors of less aggressive tariffs, were followed by a mixed performance as the Consumer Electronics Show (CES) kicked off in Las Vegas, Nevada, and investors awaited key economic data.
1. AI takes center stage at CES
Unsurprisingly, CES underscored the growing influence of artificial intelligence (AI) across the tech landscape, with AI chips for PCs, new electric vehicles and the influence of robotics on the workforce taking center stage.
AI was prominent, featured in everything from appliances to pets. Following substantial investment, companies are under pressure to demonstrate the value and justify the cost of AI integration in their products.
As mentioned, tech stocks rose on Monday as the event began, with chipmakers like NVIDIA (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), Micron Technology (NASDAQ:MU), Advanced Micro Devices (AMD) (NASDAQ:AMD) and Taiwan Semiconductor Manufacturing Company (NYSE:TSM) leading the surge.
NVIDIA, whose CEO Jensen Huang gave the keynote address at CES, was a key focus.
Following the company’s weaker-than-expected revenue outlook in November, investment interest in AI has been dispersing to include companies such as Broadcom and Marvell Technology (NASDAQ:MRVL), whose share prices increased in the fourth quarter of 2024 while NVIDIA’s remained relatively flat.
Broadcom, NVIDIA and Marvell Technology performance, Q4 2024.
Chart via Google Finance.
After a product reveal, NVIDIA saw its share price fall 8.5 percent to US$140.01 on Tuesday (January 7), its largest intraday drop since October 15. Chief among the AI bellwether’s long list of new products are the GeForce RTX 50 series GPUs, built on the Blackwell architecture. The flagship RTX 5090 for demanding workloads will be available this month for US$1,999, while the RTX 5070, a more budget-friendly version, will arrive in February for US$549.
NVIDIA also unveiled Project Digits, a desktop PC designed to empower AI researchers, data scientists and students; it has the ability to run very large AI models on laptops. Developed in collaboration with Taiwan’s MediaTek (TPE:2454), the model is equipped with a Grace Blackwell Superchip and runs a version of the Linux operating system. Project Digits essentially puts an AI-powered personal supercomputer within reach for US$3,000 starting in May.
NVIDIA performance, January 6 to 10, 2025.
Chart via Google Finance.
NVIDIA’s move highlights a broader trend at CES this year: the rise of AI PCs. AMD, Intel (NASDAQ:INTC) and Qualcomm (NASDAQ:QCOM) all introduced chips designed to bring AI to everyday computing. AMD’s high-powered Ryzen CPUs, which will power Dell’s (NYSE:DELL) corporate PCs, reportedly outperform Macs and offer a longer battery life.
Meanwhile, Qualcomm is broadening its business beyond mobile phone chips with the Snapdragon X Platform, an affordable chip for laptops and PCs that will run Microsoft’s (NASDAQ:MSFT) Copilot+ software. The company will also soon release a small desktop computer built with the chip. PC makers including Dell — which announced a rebranding of its PC line — will reportedly offer laptops based on the new product in early 2025.
AMD, Qualcomm and Dell saw share price increases of between 2 and 3.5 percent between Monday and Tuesday. However, Intel’s new processors featuring built-in AI acceleration and a dedicated neural-processing unit in select models weren’t enough to impress investors, and its share price was little changed over the same period.
2. Autonomous vehicles have their moment
While AI PCs generated excitement at CES, another trend emerged: the rise of generative physical AI.
During his keynote, Huang emphasized how this forthcoming shift will revolutionize factory and warehouse automation, a rising subsector he described as ‘a multi-trillion dollar opportunity.’
This sentiment is seemingly shared by OpenAI founder Sam Altman, who wrote in a weekend blog post of a near future where “AI agents join the workforce and materially change the output of companies.’
To accelerate this transition, Huang unveiled NVIDIA Cosmos, an open-source platform designed to simulate real-world environments and accelerate the training of physical AI models like robots and cars. Within Cosmos, AI agents can be trained using Nemotron, a new family of large language models optimized for agentic AI. Based on Meta’s (NASDAQ:META) Llama models, Nemotron leverages NVIDIA’s CUDA and AI acceleration technologies.
“Cosmos will dramatically accelerate the time to train intelligent robots and advanced self-driving cars,” Rev Lebaredian, vice president of omniverse and simulation technology at NVIDIA, said at a press conference on Monday.
Later, news broke of a partnership between NVIDIA and Toyota (NYSE:TM) that will see the carmaker use NVIDIA’s autonomous driving chips and software to advance its self-driving cars. NVIDIA also announced a partnership with Uber (NYSE:UBER) to use its drive logs for AI model training.
“After so many years, with Waymo and Tesla’s (NASDAQ:TSLA) success, it’s very clear (autonomous vehicles) have finally arrived,” said Huang on Monday. Later, during an interview with Yahoo Finance’s Dan Howley, he disclosed that NVIDIA’s technology for autonomous driving is projected to generate US$5 billion in annual sales.
3. Bitcoin price falls below US$100,000
The Bitcoin price rose above US$102,000 early on Monday, following a weekend in which the cryptocurrency regained its 50 day simple moving average, an indicator often described as crucial for a continued bull market.
Adding to the momentum was strong speculation that MicroStrategy (NASDAQ:MSTR) was preparing to increase its holdings further after CEO Michael Saylor hinted at a potential acquisition over the weekend.
The company ultimately purchased 1,070 Bitcoins for a total price of US$101 million.
Adding to bullish sentiment was a research report from JPMorgan (NYSE:JPM); it indicates that Bitcoin miners’ revenue increased for the second consecutive month in December. The positivity extended to altcoins as Solana’s DEX trading volume exceeded that of Ethereum and Base; the price action prompted analysts to set a US$15 target for XRP.
However, as conflicting US jobs and inflation data rolled in, traders’ hopes of an interest rate cut by March diminished. Yields for 10 year Treasuries touched 4.73 percent, resulting in a broad selloff affecting cryptocurrencies and other risk-on assets like tech stocks. The top cryptocurrencies dropped between 4 and 9 percent in early trading on Tuesday.
Bitcoin performance, January 6 to 10, 2025.
Chart via CoinGecko.
US Bitcoin exchange-traded funds (ETFs) saw near-record outflows of US$582 million on Wednesday (January 8) as the downward trajectory continued. Ether ETFs saw substantial outflows totaling US$159.3 million on Wednesday, their largest on record since July. By Thursday (January 9), US$655 million in Bitcoin futures contracts had been liquidated.
Adding to the uncertainty, the US Department of Justice has reportedly been cleared to sell US$6.5 billion worth of Bitcoin seized from Silk Road, which could put downward pressure on Bitcoin’s price.
Altcoins saw greater losses, with XRP being the sole exception.
Ripple’s native cryptocurrency saw periods of recovery on Wednesday after it was reported that CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty met with Trump for dinner. Analysts at Cointelegraph project XRP could surge 40 percent if prices can break out of the current “descending triangle” pattern.
Friday’s (January 10) US jobs data release coincided with a 2.24 percent drop in Bitcoin’s price to below US$92,000 before the markets opened, followed by a rise to US$95,000 midday. Bitcoin’s latest downtrend has led market analysts to believe that the coin’s price may retest areas around US$90,000 as traders contend with uncertainty regarding tariffs and their effects on the US economy, stoking concerns about the possibility of renewed inflation.
According to Santiment analyst Brianq, Bitcoin’s performance can also be partly attributed to decreased purchasing activity by wallets holding between 100 and 1,000 Bitcoin, which drove Bitcoin’s most recent bull cycle.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
This post appeared first on investingnews.com
Six mining companies broke the Top 20 rankings in the recently released 2025 OTCQX Best 50, an annual ranking recognizing the 50 top-performing companies traded on the OTCQX Best Market during the previous calendar year.
The rankings evaluate companies based on a combination of one-year total return and average daily dollar volume growth, offering investors insight into companies delivering strong performance across diverse sectors.
The 2025 OTCQX Best 50 features a broad array of US and international firms, with industries ranging from technology and healthcare to mining and financial services. Companies in the resource sectors were well represented on the list, with more than 15 focused on mining and energy placing in the Best 50.
This year, the companies on the list collectively achieved a median total return of 74 percent and a combined trading dollar volume of US$5.85 billion.
Learn about the six mining stocks that made it into the OTCQX Best 50’s top 20 below.
1. American Rare Earths (OTCQX:AMRRY,ASX:ARR)
Company Profile
The highest-ranking mining company on the list is American Rare Earths, which came in third place on the OTCQX Best 50 list. Headquartered in Auckland, New Zealand, the company focuses on critical mineral projects that support the global transition to renewable energy and advanced technologies.
Its flagship Halleck Creek rare earths project in Wyoming spans over 2,428 hectares and represents a significant step toward securing domestic US rare earth supply chains. Last February, the company increased the resource estimate at Halleck Creek by 64 percent.
In December, the company’s subsidiary, Wyoming Rare USA, secured a facility at the Western Research Institute in Laramie, Wyoming, backed by a US$7.1 million grant from the state of Wyoming. This January, it was granted a license to conduct test mining at the Cowboy State Mine within the Halleck Creek project.
In addition to Halleck Creek, the company operates the La Paz rare earth project in Arizona and the Searchlight heavy rare earths project in Nevada near the Mountain Pass mine.
2. Luca Mining (OTCQX:LUCMF,TSXV:LUCA)
Luca Mining, which placed fifth on the OTCQX list, is a Canadian mining company with operations centered in Mexico. It operates two flagship assets: the Campo Morado mine in Guerrero state, a polymetallic project processing over 2,500 metric tons of ore per day, and the Tahuehueto project in Durango State, which has entered pre-production with a designed capacity of 1,000 metric tons per day.
Through the first nine months of 2024, Luca produced 40,083 ounces of gold equivalent from a mix of gold, silver, zinc, copper and lead. Just this month, Luca initiated its first exploration drilling campaign at Campo Morado in over a decade, aiming to expand mineral resources and identify untapped zones of potential.
3. Freegold Ventures (OTCQX:FGOVF,TSX:FVL)
Press ReleasesCompany Profile
Freegold Ventures ranked 11th in the 2025 OTCQX Best 50, focuses on gold and copper exploration in Alaska, where it operates the Golden Summit gold and Shorty Creek copper-gold projects.
Golden Summit, located near Fairbanks in the Tintina gold belt, is an advanced-stage gold project and one of North America’s largest undeveloped gold resources following a major resource update in early 2023.
The company’s 2024 drilling program yielded high-grade gold intercepts to the west and southwest at Golden Summit, reinforcing its expansion potential. Results from the program will be used for an updated mineral resource estimate in 2025.
4. Montage Gold (OTCQX:MAUTF,TSXV:MAU)
Company Profile
In 12th place on the Best 50 is Montage Gold. The company is advancing its flagship Koné gold project in Côte d’Ivoire toward becoming a significant African gold producer.
According to Montage, the Koné project stands out as one of Africa’s highest-quality gold assets, with a 16-year mine life, low all-in sustaining costs (AISC) of US$998 per ounce, and an annual production target exceeding 300,000 ounces during its first eight years.
Construction of the Koné project officially commenced in late 2024, with first gold production anticipated by Q2 2027 and supported by over US$900 million in liquidity.
5. Lundin Gold (OTCQX:LUGDF,TSX:LUG)
Company Profile
Lundin Gold, which ranked 14th overall, is a Canadian mining company that owns and operates the Fruta del Norte gold mine in Southeast Ecuador.
This mine, one of the highest-grade operating gold mines globally, has been a key contributor to Lundin’s growth since commencing production in late 2019.
In 2024, Lundin Gold achieved a record annual production of 502,029 ounces of gold from Fruta del Norte, surpassing its guidance of 450,000 to 500,000 ounces. The fourth quarter alone saw production of 135,241 ounces, including 88,834 ounces of concentrate and 46,407 ounces of doré.
6. G2 Goldfields (OTCQX:GUYGF,TSXV:GTWO)
Press ReleasesCompany Profile
In 16th place is G2 Goldfields, a Canada-based exploration company with a strong presence in Guyana’s gold-rich regions.
The company holds 100 percent interests in projects located within the Oko Aremu and Puruni districts, including its Oko gold project, advancing its position as a key player in the region’s mining landscape.
Recently, G2 filed an independent technical report for its New Aremu project, highlighting substantial gold mineralization in quartz veins and boulders.
The company has also announced plans to spin out several greenfield assets into a new subsidiary, G3 Goldfields. This initiative aims to sharpen G2’s focus on its core properties while allowing G3 to expand its portfolio with promising gold projects in the Cuyuni and Puruni districts.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
This post appeared first on investingnews.com
Radisson Mining Resources (TSXV:RDS,OTCQB:RMRDF) is a gold exploration company unlocking the value of its 100 percent owned O’Brien gold project. Located in the Abitibi Greenstone Belt along the prolific Larder-Lake-Cadillac Break in Quebec, Canada, the O’Brien gold project hosts the highest-grade, past-producing mine along the Cadillac Break. Radisson Mining Resources leverages its extensive drilling campaigns, high-grade historical production, and experienced management team to create value for shareholders and stakeholders.
With world-class assets, robust exploration programs, and experienced leadership, Radisson is well-positioned to deliver value to its shareholders.
The O’Brien gold project is in the Abitibi region of northwestern Quebec, along the Larder-Lake-Cadillac Break, and encompasses the historic O’Brien mine, which produced 587,121 ounces of gold at an average grade of 15.25 grams per ton (g/t) between 1926 and 1957. The company has planned a 22,000-metre drilling program to expand known mineralization below existing resources.
Company Highlights
- Located in tier-one mining district amongst numerous world-class producers
- Experienced Leadership: A seasoned management team and board with a proven track record in mining exploration and development.
- Commitment to Sustainability: Prioritizes environmental stewardship and community engagement in all exploration activities.
This Radisson Mining Resources profile is part of a paid investor education campaign.*
Click here to connect with Radisson Mining Resources (TSXV:RDS) to receive an Investor Presentation
This post appeared first on investingnews.com
Quimbaya Gold (CSE:QIM)) is a junior gold exploration company exploring high-grade gold projects in Colombia. Quimbaya Gold’s portfolio spans 59,057 hectares in highly prospective regions in the Antioquia mining district, the region responsible for about 50 percent of Colombia’s total gold production or around one million ounces (Moz) annually.
Located next to Aris Mining’s (TSX:ARIS) Segovia mine, Quimbaya leverages its proximity to established infrastructure and gold-rich geological formations. With Colombia being one of the most underexplored yet top mining jurisdictions in South America, Quimbaya’s projects are uniquely poised for significant discoveries.
Quimbaya’s flagship Tahami project spans 17,087 hectares featuring mesothermal veins with multiple mineralization events underlain by Precambrian metamorphic rocks consolidated within the San Lucas Gneiss unit.
Company Highlights
- Quimbaya Gold controls 59,057 hectares across three distinct projects in Antioquia, Colombia — renowned as the country’s top mining department, accounting for over half of Colombia’s gold production.
- The flagship Tahami project is adjacent and on trend to Aris Mining’s Segovia mine, one of the highest-grade gold mines globally. Tahami benefits from its strategic proximity to Segovia and its potential for discovery of high-grade vein gold systems.
- Tight share structure (60 percent insider/family offices/institutions ownership) with a market cap of approximately C$11.45 million, ensuring alignment with shareholder interests.
- Quimbaya has entered into a partnership with Independence Drilling, Colombia’s largest drilling company, which secures an extremely cost-effective 100,000 meters of drilling over five years.
- Quimbaya utilizes software that allows for rapid and cost-effective acquisition of mining claims, giving the company a competitive edge in securing high-value assets.
- The technical team’s proven track record of major discoveries in Colombia positions Quimbaya as a standout explorer in the region.
This Quimbaya Gold profile is part of a paid investor education campaign.*
Click here to connect with Quimbaya Gold (CSE:QIM) to receive an Investor Presentation
This post appeared first on investingnews.com
Bold Ventures Inc. (TSXV: BOL) would like to cordially invite you to visit us at Booth #520 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Sunday January 19 – Monday January 20, 2025.
The Vancouver Resource Investment Conference 2025 will feature over 120 expert speakers, including globally respected economists, legendary money managers, and investors.
This year’s conference promises an array of exceptional opportunities, including exclusive keynote sessions featuring 120 renowned speakers, unparalleled networking with over 5,000 industry professionals and investors, and interactive exhibits showcasing groundbreaking innovations across the resource sector. Attendees will gain invaluable insights into the commodities landscape, exploring emerging trends in precious metals, energy, critical minerals, and beyond.
For more information and/or to register for the conference please visit: https://cambridgehouse.com/vancouver-resource-investment-conference.
We look forward to seeing you there.
About the Vancouver Resource Investment Conference:
The Vancouver Resource Investment Conference has been the epicenter of junior mining investment in Canada for 25 years and attracts over 5000 mining investors annually. Previous years have been attended by former Prime Minister Stephan Harper and former President of Mexico Felipe Calderon.
The VRIC will include a marketplace of over 300 investment opportunities in the mining industry, spanning early-stage exploration to advanced producing mines.
For further information:
Bruce MacLachlan
President & COO
+1 07052660847
bruce@boldventuresinc.com
https://www.boldventuresinc.com/
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Bold Ventures Inc. (TSXV: BOL) (the ‘Company’ or ‘Bold’) is pleased to announce that the Company will have booths at the Vancouver Resource Investment Conference (VRIC) from January 19 to 20 (booth 520), and AME Roundup from January 22 to 23 (booth 1524). The Company’s President and COO, Bruce MacLachlan, and the Company’s V.P. Exploration, Coleman Robertson, will be present for the duration of these two conferences, as well as the preceding Metals Investor Forum from January 17 to 18.
The Bold exhibition booth will showcase various samples, maps and photographs from the Company’s Burchell Gold and Copper Project, the Company’s Traxxin Gold Project, and the Company’s Wilcorp Gold Project. Of particular interest is the recent high-grade gold discovery at the Burchell Project. The 111 Zone discovery yielded impressive gold values ranging from 10 ppb Au up to 68,000 ppb Au (68 g/t Au or 2.2 oz./t Au). See Bold press releases dated December 12, 2024 and January 9, 2025. The exhibition booth will also showcase newly obtained results from recent sampling programs at the three properties, which Bold is pleased to present below.
Burchell Gold-Copper Project – MMITM Soil Sampling Results
Results have recently been obtained from a November 2024 MMITM soil survey in the northwest corner of the Burchell Property, designed to test the strike extension of the Moss Trend on the adjacent Moss Gold Property to the west, one of several subparallel polymetallic trends in the region (see Goldshore Resources Inc.’s September 28, 2023 news release). 74 samples were collected on four northwest-southeast lines, perpendicular to the general strike of the country rocks and regional gold trends. Lines were spaced at 200-250 meters, 550-1100 m in length, with 50-meter sample station spacing.
Response ratios (RRs) were calculated for each sample by element, according to SGS guidelines, which state that ‘response ratios in general need to be greater than 2-5 times background before being considered ‘anomalous’.‘ Notable results include several coincident gold (Au) – copper (Cu) – molybdenum (Mo) response ratios >10 in the northern half of the survey (see Figure 1), with Au RRs up to 40; Cu RRs up to 61, and Mo RRs up to 369. Other notable results include zinc (Zn) RRs up to 93 and uranium (U) RRs up to 52. These anomalies provide a basis for further exploration in this area, which could include infill soil sampling or ground geophysics to better define targets for drilling.
The Burchell Gold-Base Metal Project is located approximately 105 km west of the port city of Thunder Bay in the south-central portion of Northwestern Ontario (see Figure 2). The claims are accessible via logging roads and secondary Highway 802 south from Trans-Canada Highway 11 travelling west from Thunder Bay. For additional information regarding the Burchell Gold-Copper Project visit the Burchell Gold-Copper Project Page here.
Traxxin Gold Project – Prospecting and Sampling Results
Recent assay results ranging from 345 ppb Au have been obtained from 20 grab samples collected during a November 2024 prospecting and sampling program at the Traxxin Property. 3 gold anomalies from 170 ppb Au to 345 ppb Au were obtained from samples of strained, silicified tonalite with local quartz veining in outcrop on an island northeast of the Traxxin Main Zone (see Figure 3). The November program took advantage of lower-than-average water levels to carry out shoreline prospecting. Descriptions of anomalous samples are included in Table 1 below. These results suggest that gold-bearing shear zones extend northeast from the mainland into Bedivere Lake, which warrants further investigation through ground geophysics and diamond drilling. For a full description of the Traxxin Gold project visit the Traxxin Gold Project Page here.
The Traxxin claim group is located 130 km west of Thunder Bay, Ontario (see Figure 2). The claims are road accessible via TransCanada Highway 11. Local infrastructure includes rail, power and an experienced mineral exploration workforce and mining supply, all located within hours of the property.
Wilcorp Gold Project – Prospecting and Sampling Results
Assays from 7.28 g/t gold (Au) have been obtained from 26 grab samples collected during a November 2024 prospecting and sampling program at the Wilcorp Property. The 7.28 g/t Au result corresponds to a sample of silicified mafic schist with 4-5% disseminated pyrite and arsenopyrite, in trench rubble / subcrop located approximately 60 meters along strike to the west-southwest of a September 2024 sample which returned 16.3 g/t Au (see October 31, 2024 news release and Figure 4 and Figure 5). These results, in conjunction with September 2024 and 2012 results, suggest two sub-parallel gold-bearing zones in this area (see Figure 5).
Other newly identified anomalies include: 278 ppb Au from quartz vein subcrop close to where the historical Eagle Prospect is thought to be located (see Figure 4), as well as 333 ppb Au from subcrop of chlorite carbonate schist with quartz veining in the southern part of the Property, associated with strong I.P. and E.M. anomalies (see Figure 4). Descriptions of anomalous samples are included in Table 1 below.
The Wilcorp claim group is located approximately 13 km east of the town of Atikokan, Ontario (see Figure 2) in McCaul Township, and 17 km south of Agnico Eagle’s Hammond Reef deposit, which contains combined reserves and resources of 5.6 Moz of gold at 0.71 gpt Au (Agnico Eagle website, 2022). For a full description of the Wilcorp Gold Project visit the Wilcorp Gold Project Page here.
Table 1
| Table 1: November 2024 Traxxin and Wilcorp Project Significant Results | ||||||||
| Project | Sample No. |
Date | Area | X (UTM Z15) |
Y (UTM Z15) |
Source | Description | Au ppb |
| Traxxin | C277530 | 2024-11-08 | Island north of Main Zone |
654518.5 | 5412877 | Outcrop | Foliated, silicified tonalite with 1% pyrite blebs and local grey blebs of quartz. | 170 |
| Traxxin | C277531 | 2024-11-08 | Island north of Main Zone | 654517.5 | 5412876 | Outcrop | Glassy, grey quartz veining with 1% pyrite in foliated, silicified tonalite. Outcrop 1m SW of C277530. | 345 |
| Traxxin | C277540 | 2024-11-08 | Island north of Main Zone | 654549 | 5412862 | Talus | Tonalite with recrystallized coarse quartz, sericite alteration, trace-0.5% pyrite blebs. | 221 |
| Traxxin | C277047 | n/a | n/a | n/a | n/a | n/a | Quartz pebble blank. | 2.5 |
| Traxxin | C277048 | n/a | n/a | n/a | n/a | n/a | Standard OREAS 24d. | 2.5 |
| Wilcorp | C277041 | n/a | n/a | n/a | n/a | n/a | Quartz pebble blank. | 2.5 |
| Wilcorp | C277042 | n/a | n/a | n/a | n/a | n/a | Standard OREAS 230. | 337 |
| Wilcorp | C277069 | 2024-11-02 | Northern Trenches 2012 14 grammer | 615759 | 5403848 | Rubble | Quartz-ankerite vein with silicified mafic schist wall rock containing 1% pyrite-arsenopyrite-chalcopyrite, 0.5% sulphides overall. Quartz rubble / subcrop on opposite side of trench from Bjorkman 8 grammer. | 932 |
| Wilcorp | C277070 | 2024-11-02 | Northern Trenches 2012 14 grammer | 615759.2 | 5403848 | Rubble | Similar to sample C277069, also from rubble 0.5m to the SSE. | 207 |
| Wilcorp | C277071 | 2024-11-02 | Northern Trenches 2012 14 grammer | 615760 | 5403848 | Rubble | Silicified mafic schist, minor quartz stringers, 4-5% disseminated pyrite-arsenopyrite. Rubble 1m E of C277070. | 7280 |
| Wilcorp | C277075 | 2024-11-02 | Patent Junction, Eagle Prospect | 615998 | 5403798 | Rubble | Quartz ankerite veining in mafic schist, trace pyrite. Rubble / subcrop, may have been blasted once. | 278 |
| Wilcorp | C277086 | 2024-11-03 | I.P. anomaly MC-11 | 617138 | 5403203 | Frost heave | Chlorite-carbonate schist with minor chalcopyrite blebs and minor silvery arsenopyrite, minor to moderate quartz-ankerite stringers. | 333 |
Ring of Fire News
The Company congratulates Canada Chrome Corporation (‘CCC’) for its recent selection as a member of the USA Defence Industrial Base Consortium. The press release can be accessed through this link.
The Black Horse Chromite Deposit is part of the Koper Lake Project where CCC is the Operator of the chromite exploration effort. Bold owns a 10% carried interest (through to production) in the Black Horse Chromite NI 43-101 Inferred Resource of 85.9 Mt grading 34.5% Cr2O3 at a cut-off of 20% Cr2O3 (KWG Resources Inc., NI 43-101 Technical Report, Aubut 2015). Additionally, Bold owns a 40% working interest in all other metals found within the Koper Lake claims and has the right to earn up to an 80% working interest in all other metals. Bold has the Right of First Refusal on a 1% NSR covering all metals found within the claim group.
The Black Horse is contiguous with the Blackbird Chromite deposits owned by Wyloo, Ring of Fire Ltd. (formerly Noront Resources Inc.). Of additional note, the Koper Lake claims are located approximately 300 m from Ring of Fire Metal’s Eagle’s Nest Ni-Cu Massive Sulphide Deposit that is in the permit acquisition stage. Chromite, nickel and copper are critical minerals that will play an important role in the electrification plans of Ontario and North America. The Company is encouraged by these ongoing developments in this emerging critical mineral mining camp.
The environmental assessment process for all-weather road access to the Ring of Fire is being developed as three proposed road projects: the Northern Road Link, the Marten Falls Community Access Road and the Webeque Supply Road. Information and progress regarding these projects may be accessed via the links provided on Bold’s Critical and Battery Metals page.
Farwell Gold-Copper Project
Bold is pleased to announce that it has signed a fourth amendment to the Farwell Property Option Agreement dated March 12, 2020 (the ‘Farwell Option Agreement’) between three arms-length individuals as Vendors and Bold as the Optionee of the property.
On July 3, 2023, the Company and the Vendors entered into a First Amending Agreement (the ‘Farwell First Amendment‘) to amend the Farwell Option Agreement. Subsequently, on September 13, 2023, the Company and the Vendors entered into a Second Amending Agreement (the ‘Farwell Second Amendment‘) to further amend the Farwell Option Agreement (see Bold press release dated October 3, 2023). On April 23, 2024, the Vendors and Bold entered into a Third Amending Agreement (the ‘Farwell Third Amendment‘ and together with the Farwell First Amendment and Farwell Second Amendment, the ‘Amended Farwell Option Agreement‘) (see Bold press release dated April 29, 2024) to amend the Farwell Option Agreement.
The Vendors and Bold have now signed a Fourth Amending Agreement (the ‘Farwell Fourth Amendment‘) amending the Amended Farwell Option Agreement such that the Option can be exercised by the issuance of an aggregate of 1,550,000 common shares of Bold (‘Shares‘) (reducing the total number of Shares Issuable by 100,000), 750,000 Shares of which have already been issued, the payment of an aggregate of $95,000 in cash (reducing the cash consideration from $225,000), $75,000 of which has already been paid, and expending $550,000 on exploration (reducing the exploration expenditure from $1,000,000), $250,000 of which expenditures have been made.
In consideration for entering into the Farwell Fourth Amendment, the Vendors will be paid $5,000 and issued 200,000 Shares following receipt of regulatory approval to the Farwell Fourth Amendment and receipt of an exploration permit and an exploration agreement that allows for the exploration of the Property. The following are the new schedules of cash payments, Share issuances and expenditure requirements:
a cash payment of $5,000 will be due on or before September 1, 2025; and
a cash payment of $10,000 will be due on or before September 1, 2026,
for aggregate cash payments of $15,000;
200,000 Shares to be issued on or before September 1, 2025; and
400,000 Shares to be issued on or before September 1, 2026,
for aggregate Share issuances of 600,000 Shares;
an aggregate of $350,000 of exploration work to be completed by September 1, 2025; and
an aggregate of $550,000 of exploration work to be completed by September 1, 2026.
The Vendors retain a 3% Net Smelter Royalty (3% NSR) in the property. This Farwell Fourth Amendment increases the cost of Bold’s right to buy back half (1.5%) of the 3% NSR from $2,000,000 to $2,500,000 leaving a 1.5% NSR in favour of the Vendors. The Company also has the right of first refusal to purchase the remaining 1.5% NSR.
If a National Instrument 43-101 Technical Report is prepared on the Property with an indicated resource of at least 250,000 ounces of gold or gold equivalent and approved by all necessary regulatory authorities, the Vendors shall be paid the additional sum of $150,000. If a National Instrument 43-101 Technical Report is prepared on the Property with an indicated resource of at least 500,000 ounces of gold or gold equivalent, approved by all necessary regulatory authorities, the Vendors shall be paid the additional sum of $250,000.
All Shares to be issued will be subject to a four month and one day hold period from the date of issuance. The Farwell Fourth Amendment is subject to approval of the TSX Venture Exchange.
Bold Ventures has submitted an early exploration permit application to the Ontario Mineral Lands Administration System that anticipates an exploration program consisting of geophysical and geochemical surveys and diamond drilling. The Company is currently negotiating exploration agreements with local First Nation interests.
The Farwell claim group is located in the east Lake Superior region of Northeastern Ontario approximately 55 km northwest of Wawa, Ontario (see Figure 2). The Trans-Canada Highway 17 connects Wawa with Sault Ste. Marie to the south and the towns of White River and Marathon to the northwest. For a full description of the Farwell Gold – Copper Project visit the Farwell Gold-Copper Project Page here.
QAQC Protocols
Grab samples at the Wilcorp and Traxxin Properties were collected, documented and photographed in the field, then placed in sealed bags and delivered to Activation Laboratories (ActLabs) in Thunder Bay, which is an ISO / IEC 17025 accredited laboratory. Grab sample collection is subject to Bold’s internal quality assurance / quality control (QAQC) protocols, which include the insertion of blank material and certified reference material into each batch of samples submitted. Samples referenced in this news release were analyzed using ActLabs methods 1A2-50, a 50g fire assay with atomic absorption finish, with over-limit results analyzed using method 1A3-50, a 50g fire assay with gravimetric finish. Samples were also analyzed using ActLabs method 1F2, a 4-acid near total digestion with ICP-OES finish, yielding geochemical results for 35 elements.
MMITM samples were collected according to SGS Laboratories methodology, and shipped to SGS Laboratories in Burnaby, B.C., where they were analyzed according to SGS’ MMI-M weak leach method, yielding concentrations for 53 elements.
The technical information in this news release was reviewed and approved by Coleman Robertson, B.Sc., P. Geo., the Company’s V.P. Exploration and a qualified person (QP) for the purposes of NI 43-101.
Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand. Our target commodities are comprised of: Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Gold (Au), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr). The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold Critical and Battery Minerals page.
About Bold Ventures Inc.
The Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.
For additional information about Bold Ventures and our projects please visit boldventuresinc.com or contact us at 416-864-1456 or email us at info@boldventuresinc.com.
| ‘Bruce A MacLachlan’ | ‘David B Graham’ |
| Bruce MacLachlan | David Graham |
| President and COO | CEO |
| Direct line: 416-864-1456 | |
| Email: bruce@boldventuresinc.com |
Neither 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.
Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘plan’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’ and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237467
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