Paramount Gold Nevada is currently fairly valued, with important permitting and feasibility milestones expected in the second half of the year for its Grassy Mountain and Sleeper projects. The updated feasibility study for Grassy Mountain shows strong economic potential, but uncertainties remain around construction timelines and permitting completion. The company faces liquidity challenges, needing additional capital that could dilute shareholders, complicated by a $15 million debenture and possible royalty conversion. Investors are advised to wait for a price drop or clearer production and financing outlook before investing, with a market cap near $100 million seen as a better entry point.
Gold Strike Resources Corp. has joined the Yukon Mining Alliance, a group promoting Yukon as a top mining jurisdiction. This membership will help Gold Strike showcase its Florin Gold Project and other assets in the promising Tombstone Gold Belt, whic...
Hayasa Metals announced a non-binding term sheet for a Strategic Exploration Alliance with a major mining company to explore copper and critical metals in southern Armenia's Tethyan Belt. The alliance, funded by the major miner, aims to identify econ...
SAGA Metals Corp. reported significant progress on its two 100%-owned Labrador projects: the Radar Titanium-Vanadium-Iron Project and the Wolverine Heavy Rare Earth Element Project. The Northern Miner, a respected mining publication, conducted site v...
Beyond Minerals Inc. completed a private placement of a $50,000 unsecured convertible debenture with 10% interest, convertible into shares at $0.05 each, to fund general working capital. The company also elected to adopt semi-annual financial reporti...
Waraba Gold Limited has appointed Adam Cegielski as a new director to strengthen its board as the company advances its gold exploration efforts in West Africa. Cegielski brings extensive capital markets and mining sector experience, having raised sig...
