Augusta Gold Announces Acquisition By Anglogold Ashanti For C$1.70 Per Share

VANCOUVER, BC ,  July 16, 2025  /CNW/ - Augusta Gold Corp. (TSX:  G ) (OTCQB: AUGG) (" Augusta Gold " or the " Company ") is pleased to announce that it has entered into a definitive merger agreement (the " Agreement ") with AngloGold Ashanti plc (" AngloGold Ashanti ") and certain of its affiliates, pursuant to which AngloGold Ashanti will acquire all of the Company's issued and outstanding shares of common stock at a price of  C$1.70  per share of common stock (the " Price ") in cash (the " Transaction "). The Price implies an enterprise value of approximately  C$197 million , comprised of a fully-diluted equity value for the Company of approximately  C$152 million  and repayment of certain stockholder loans that amounted to approximately  C$45 million  at  March 31, 2025 . Benefits to

Wealth Minerals' New Subsidiary Kuska Minerals Is Officially Established and Its Board Meets for the First Time

Vancouver, British Columbia--(Newsfile Corp. - July 14, 2025) - Wealth Minerals Ltd. (TSXV: WML) (OTCQB: WMLLF) (SSE: WMLCL) (FSE: EJZN) (the "Company" or "Wealth") announces the completion of the formation of its subsidiary Kuska Minerals SpA ("Kuska Minerals"), in which it has partnered with the Quechua Indigenous Community of Ollagüe ("Ollagüe Community") to further advance the development of the Kuska lithium project in the Salar de Ollagüe, Antofagasta Region, Chile (see news release dated May 27, 2025). Along with the formation of the new company, its board of directors was established and held its first meeting. The board is composed of Mr. Hendrik "Henk" van Alphen, Mr. Marcelo Awad, Mr. Francisco Lepeley, Mr. Stephen Foot, and Mr. Victor Nina Huanca. The latter is the representat

Montage Gold Closes Strategic Investment in Aurum Resources

VANCOUVER, British Columbia, July 14, 2025 (GLOBE NEWSWIRE) --  Montage Gold Corp. (“Montage” or the “Company”)  (TSX: MAU, OTCQX: MAUTF) is pleased to announce the closing of its strategic investment in Aurum Resources Limited (“Aurum”)(ASX:AUE). The strategic investment consists of a share exchange transaction between Montage and Aurum (the “Share Exchange Transaction”) including the issuance to Montage of 32,887,521 fully paid ordinary shares of Aurum (“Aurum Ordinary Shares”) at deemed issue price of A$0.356 per Aurum Ordinary Share, and the issuance to Aurum of 2,887,496 common shares of Montage (“Montage Common Shares”) at a deemed issue price of C$3.61 per Montage Common Share. Montage and Aurum have now closed the Share Exchange Transaction. The Montage Common Shares issued to Aur

South32 to sell Cerro Matoso ferronickel operation to CoreX Holding

July 7, 2025 (IM - International Mining) -  South32 says it has entered into a binding agreement to sell Cerro Matoso, in Colombia, to a subsidiary of CoreX Holding for more than $100 million. Cerro Matoso is an open-pit mine and smelter producing ferronickel, located in Cordoba, Colombia, with the transaction following a strategic review in response to structural changes in the nickel market

Royal Gold to Acquire Horizon Copper for C$2.00 per Share

VANCOUVER, BC ,  July 7, 2025  /CNW/ - Horizon Copper Corp. (TSXV:  HCU ) (OTCQB: HNCUF) ("Horizon Copper", "Horizon", or the "Company") is pleased to announce that the Company has entered into a definitive arrangement agreement with Royal Gold, Inc. ("Royal Gold"), pursuant to which Royal Gold will acquire all of the issued and outstanding common shares of Horizon Copper (the "Horizon Shares"), other than those held by Sandstorm Gold Ltd. ("Sandstorm"). When accounting for the Horizon Shares and all other securities of the company, the all-cash transaction is valued at approximately  US$196 million  (the "Horizon Transaction"). Horizon Copper shareholders will receive  C$2.00  for each Horizon Share held, implying an 85% premium to the 20-day volume weighted average price ("VWAP") of the

Cordoba and JCHX Mark 50% Earn-In Completion, Paving the Way for 100% Ownership Transition at Alacran

- Bridge Loans Repaid - Vancouver, British Columbia--(Newsfile Corp. - July 3, 2025) - Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) ("Cordoba" or the "Company") is pleased to announce that CMH Colombia S.A.S. ("CMH"), the entity which holds the Alacrán Project in Colombia, has received the final US$20 million installment from JCHX Mining Management Co., Ltd. ("JCHX") in accordance with the terms of the framework agreement signed on December 8, 2022 (the "Initial Framework Agreement"). Under this agreement, JCHX has now made all payments required to maintain its 50% interest in CMH. Under the Initial Framework Agreement, JCHX committed to acquire and maintain a 50% interest in CMH for total consideration of US$100 million, paid in three installments. The first two installments of US

Goldgroup Completes Acquisition of Fully Permitted, Advanced-Stage Pinos Gold Project in Mexico

July 3, 2025 (   ACCESS Newswire) - Goldgroup Mining Inc . ("Goldgroup" or the "Company") (TSXV:GGA)(OTCID:GGAZF) is pleased to report that it has closed the previously announced acquisition of a 100% interest in the fully permitted for construction Pinos gold/silver project located in the highly productive Zacatecas gold and silver mining belt. Zacatecas is the second largest mining state in Mexico and the location of several world-renowned operations including Newmont's Peñasquito and Capstone's Cozamin mines. (See new releases dated March 7, 2025, January 16, 2025, and August 14, 2024). Pinos comprises 30 contiguous mining concessions over 3,816 hectares and hosts low-sulphidation epithermal gold and silver vein systems within primary structures related to major regional shears, i

Venerable Ventures Announces Transaction with Selkirk First Nation to Launch Selkirk Copper Mines Inc. and Non-Brokered Private Placement

Vancouver, British Columbia and Pelly Crossing, Yukon--(Newsfile Corp. - June 30, 2025) -  Venerable Ventures Ltd.   (TSXV: VLV.H)  (" Venerable Ventures " or the " Company ") is pleased to announce that it has entered into a binding Letter of Intent (" LOI ") effective June 29, 2025 with an affiliate of Selkirk First Nation to launch Selkirk Copper Mines Inc., a new venture which will acquire a 100% interest in the Minto copper-gold mine (" Minto " or the " Deposit  or " Project ") located in the Yukon (the " Transaction "). Minto is an idled open-pit and underground copper-gold mine located on Selkirk First Nation land in the Yukon Territory. The site includes a 4,200 tonne per day mill, camp, water treatment facilities, numerous ancillary buildings plus mobile equipment. 843093 Yukon I

Venerable Ventures Announces Transaction with Selkirk First Nation to Launch Selkirk Copper Mines Inc. and Non-Brokered Private Placement

Mineral Resources Ltd.: Sale of Yilgarn Hub completed

June 30, 2025 (Source: Mineral Resources Ltd.) Under the terms of the sale, YII has acquired all tenements and other land interests across the Yilgarn Hub, associated approvals and licences, entitlements and fixed assets including Koolyanobbing, Windarling, Carina and Parker Range. YII has also assumed all current environmental, closure and rehabilitation liabilities across the Yilgarn Hub. MinRes Managing Director Chris Ellison expressed pride in MinRes' operations in the region. "As we transfer our Yilgarn operations to a new owner, we take great pride in everything the MinRes team has achieved in the region over the past 14 years, and that we were able to save hundreds of jobs at Koolyanobbing that would have otherwise been lost with the departure of Cleveland Cliffs," he said.