The acquisition of the Kinskuch property from Hecla will triple the total strike length of favorable Jurassic-age Hazelton-group volcanic rocks and associated “Red Line” by adding the Illiance trend to the Kitsault Valley trend.

Canada, 8th May 2025 – Sponsored content disseminated on behalf of Dolly Varden Silver. On May 5, 2025 Dolly Varden Silver (TSXV:DV) (OTC:DOLLF) (FSE: DVQ1) announced that is has signed a definitive agreement to acquire 100% of Hecla Mining Company’s Kinskuch property in northwest BC’s Golden Triangle.

The acquisition of the Kinskuch property will increase Dolly Varden’s tenure area by 400% to consolidate a district scale, contiguous claim package that includes the Kitsault Valley, Big Bulk and Kinskuch projects.

The consolidated land package will be about 77,000 hectares, which is 225 X bigger than New York City’s Central park. 

The Kinskuch acquisition allows Dolly Varden Silver (an explorer) and Hecla Mining (a producer) to focus on their respective core strengths.

Hecla has a market cap of USD $3.03 billion.  According to Hecla’s SEC Year-end Financial Filings, in 2024 it delivered 16.2 million ounces of silver, 141,923 ounces of gold, generating record sales of $929 million.

Hecla’s 2024 Capital Expenditures on existing mines (Greens Creek, Lucky Friday, Casa Berardi, Keno Hill) totaled $214.5 million.

Hecla has ten exploration projects on the books in the USA, Canada and Mexico.  The company’s total 2024 exploration and pre-development spend was $27.3 million, less than 1% of its market cap.

Dolly Varden has a market cap of CND of $291 million. The company does not have an operating mine, therefore does not generate metal sales.

According to DV’s 2024 consolidated financial statements, DV spent $9.8 million on drilling, $1.6 million on geoscience and $1.1 million on sample analytics.

Its total 2024 exploration spend was $17.8 million, about 6% of its market cap.

HL is a producer first. DV is an explorer first.

“Consolidating Dolly Varden’s Kitsault Valley Project with our major shareholder Hecla’s large and underexplored claims covering prospective Hazelton Group rocks will allow for more efficient exploration and enable us to unlock value on our path to be a premier precious metals company.” stated Shawn Khunkhun, President and CEO of Dolly Varden.

“Additionally, we welcome Hecla’s increased share ownership in our Company,” added Khunkhun.

Kinskuch Acquisition Deal Highlights:

• DV to issue Hecla 1,351,963 shares of DV worth $5 million.
• Hecla retains 2% net smelter return royalty (NSR) on the Kinskuch property.
• NSR will include a 50% buyback right, for $5 million, allowing DV to reduce the royalty to 1% at any time.
• Hecla maintains a designated position on DV’s Technical Committee.
• DV and Hecla will collaborate to unlock the potential of the underexplored areas.

“We will be using our structural and lithological framework model developed at the Kitsault Valley Trend that has led our team to significant discoveries such as the Wolf Vein and applying them to exploration of the Illiance Trend,” states Rob van Egmond, VP Exploration for Dolly Varden.

“Hecla was successful in identifying a subparallel trend of silver-rich mineralization, located to the east of our significant silver and gold deposits,” added van Egmond.

The acquisition of the Kinskuch property from Hecla will triple the total strike length of favorable Jurassic-age Hazelton-group volcanic rocks and associated “Red Line” by adding the Illiance trend to the Kitsault Valley trend.

In the May 7, 2025 “Explainer Video” below, van Egmond outlines the exploration history and potential of the new land package.

“Hecla is giving us the rights to explore that land,” stated van Egmond in the video. “We are now the owners, but they still maintain ownership because it is an equity deal.”

“They’ve increased their percentage ownership in Dolly Varden. Indirectly, they still are part owners of that land. They trust us to do the exploration work and unlock the value.”

Both the Kitsault Valley and the Illiance trends are interpreted to be part of a district scale, sub-basin of the Eskay Rift period. The Illiance trend has seen little modern exploration work, limited to localized diamond drilling by Hecla on the three kilometer long, north-south trending Illy epithermal system.

Also included within the acquisition area is the past-producing Esperanza Mine (1910), interpreted as quartz-carbonate veins with similar silver grades to the historic Dolly Varden Mine (1920) hosted in Upper Hazelton sedimentary rocks. 

According to a BC government database of historical deposits, “The Esperanza mine produced high-grade, hand-sorted silver ore sporadically between 1911 and 1948. In total, 4662 tonnes of ore with an average grade of 1.77 grams per tonne gold, 983.9 grams per tonne silver were mined”.

The southwestern portion of the acquired claims covers Hazelton Group rocks that trend to within seven kilometers of Goliath Resources’ recently discovered Surebet Zone gold mineralization. 

The area south of Big Bulk has the potential to host additional gold-copper porphyry systems along the south trend towards the Kitsault molybdenum porphyry deposit, which is being actively advanced by Newmoly llc.

The Kinskuch property is covered by a recently renewed five-year Exploration Permit on both Nisga’a and Gitanyow Traditional Lands.

“Hecla didn’t walk away from Kinskuch—you could say they traded up, by handing over the property to Dolly Varden in exchange for shares, a royalty, and retaining a board seat,” wrote Jeff Valks, Senior Analyst at The Gold Advisor on May 5, 2025.

“Hecla keeps a stake in any upside without spending a dime on drills—it’s not a core property for them and they want Dolly Varden to drill it.”

The Kinskuch property acquisition is subject to TSX Venture Exchange and NYSE America approvals. It is expected to close in mid-May.

On May 7, 2025, Dolly Varden announced plans for the fully funded 2025 exploration drilling program at its 100% owned Kitsault Valley Project. A minimum planned 35,000 meters of diamond drilling will build on the success of the 2024 program.

Rob van Egmond, P.Geo., Vice-President Exploration for Dolly Varden Silver, the “Qualified Person” as defined by NI43-101 has reviewed, validated and approved the scientific and technical information contained in this GSN release.

Disclaimer: Dolly Varden Silver paid GSN $1,750 for the research, creation and dissemination of this content.

Contact: guy.bennett@globalstocksnews.com

Full Disclaimer: Global Stocks News (GSN) researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN makes no recommendation to purchase any individual stock. Our publications should be used as a starting point for additional research and “due diligence”. GSN publications contain “forward-looking statements” such as “may,” “anticipate,” “expect,” “project,” “intend,” “plan,” “believe,” which are based on reasonable expectations, but these statements are imperfect predictors of future events. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly.

Media Contact

Organization: Global Stocks News

Contact Person: guy.bennett@globalstocksnews.com

Website: https://www.globalstocksnews.com

Email: Send Email

Country:Canada

Release id:27483

The post Dolly Varden Silver Acquires Hecla Mining’s Kinskuch Property For $5 Million In Stock appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

Delivering tonnes and grade from the mine that align almost exactly with expectations validates all the work WRLG has done to unlock the tremendous value in the Madsen Mine.

Canada, 8th May 2025 – Sponsored content disseminated on behalf of West Red Lake Gold. On May 7, 2025, West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) published reconciliation results from the bulk sample program at its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.

WRLG bulk sampled 14,490 tonnes of ore @ 5.72 grams/tonne Gold, generating 2,498 ounces of gold worth CAD $11.7 million at CAD $4,700/ounce.  The Madsen Mill has a permitted throughput of 800 tonnes/day.

West Red Lake Gold is one of only four single-asset companies putting a new gold mine into production in 2025.

West Red Lake Gold Bulk Sampling Highlights:

• The bulk sample carried an average grade of 5.72 grams per tonne (“g/t”) gold (“Au”), 0.7% above the average predicted grade of 5.68 g/t Au for six stopes across three areas.
• 14,490 tonnes of bulk sample produced 2,498 ounces of gold
• Gold recovery in the Madsen Mill averaged 95%

“Delivering tonnes and grade from the mine that align almost exactly with expectations validates all the work we have done to unlock the tremendous value in the Madsen Mine,” stated Shane Williams, President and CEO, in the May 7, 2025 press release.

“This achievement underlines that Madsen is on track to become a new high-grade gold mine in 2025.”

In the May 7, 2025 video below, WRLG explains why “West Red Lake Gold is Ready to Perform and Built for Today’s Gold Bull Market.”

The bulk sample included material from three main resource zones at Madsen – Austin, South Austin, and McVeigh.

Close reconciliation between predicted and actual grades and tonnages highlights the effectiveness of definition drilling and detailed stope design in informing accurate modelling of gold mineralization.

West Red Lake Gold has completed over 90,000 metres of definition drilling since October 2023, and the high-confidence tonnes resulting from this ongoing program currently make up approximately 90% of the 18-month detailed mine plan.

Six stopes were drilled, engineered, and mined using the same workflow that the Company plans to implement during regular mine operations at Madsen.

“We design stopes to maximize economic benefit in today’s gold price environment. This differs from the Pre-Feasibility Study (“PFS”), which used a gold price of US$1,680 per ounce when designing stopes,” stated Williams.

“Using a gold price just below the long-term consensus gold price of US$2,350 per oz. unlocks significant opportunity at Madsen because, in many areas, a halo of lower-grade mineralization can be profitable to include in the stope design when it surrounds targeted high-grade tonnes.”

“In addition, mining larger stopes can lower mining costs by enabling long-hole stoping instead of cut-and-fill methods. We used long-hole stoping exclusively in the bulk sample.

We are excited by the opportunity to mine additional tonnes and ounces at Madsen, potentially lowering operational costs, increasing production, and enhancing overall economics relative to the PFS mine plan,” stated Williams in the May 7, 2025 press release.

“In a note published on Wednesday, the precious metals team [at Bank of America] led by Michael Widmer said it sees growing potential for gold to hit $4,000 an ounce in the second half of this year,” reported Kitco News.

“In March, Widmer and his team predicted that gold prices would hit $3,500 by 2027—a target the precious metal reached in less than a month.”

“In the commodities market, timing is critical. I’m betting current macro trends will boost the value of gold,” wrote WRLG Co-Founder, Major Shareholder, Strategic Advisor Frank Giustra in 2024.

Giustra was instrumental in the development and growth of several significant gold producers. Gold Corp (Wheaton River) grew from US $17 million to a $21.8 billion market capitalization in a little over five years. Endeavour Mining grew from $180 million to $8 billion in under 7 years.

“It begins with one well-executed mine acquisition, like we are proving with Madsen. It expands through smart deals and leadership,” added Giustra.

“We acquired Madsen because we believed an accurate geological model, detailed engineering design, and disciplined mining practices would enable exactly this – a mine that delivers to plan. I am extremely pleased to deliver these bulk sample results, and I look forward to ramping up operations at the Madsen Mine in the coming months,” stated Williams.

The Madsen deposits presently host an NI 43-101 Indicated resource of 1.65 million ounces of gold grading 7.4 g/t gold and an Inferred resource of 0.37 Moz of gold grading 6.3 g/t gold. [1 .] [2.] [3.] 

The technical information presented in this news release has been reviewed and approved by Will Robinson, P.Geo., Vice President of Exploration for West Red Lake Gold and the Qualified Person for technical disclosure at the West Red Lake Project, as defined by NI 43-101 “Standards of Disclosure for Mineral Projects”. 

Contact: guy.bennett@globalstocksnews.com

Disclaimer: West Red Lake Gold paid Global Stocks News (GSN) $1,750 for the research, writing and dissemination of this content. 

Full Disclaimer: GSN researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN publications may contain forward-looking statements such as “project,” “anticipate,” “expect,” which are based on reasonable expectations, but these statements are imperfect predictors of future events.

References: 

1. “NI 43-101 Technical Report and Prefeasibility Study for the Madsen Mine, Ontario, Canada”, prepared by SRK Consulting (Canada) Inc. and dated January 7, 2025 (the “Madsen Report ”). A full copy of the Madsen Report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca
2. The Madsen Mine deposit presently hosts a National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) Indicated resource of 1.65 million ounces (“Moz”) of gold grading 7.4 g/t Au and an Inferred resource of 0.37 Moz of gold grading 6.3 g/t Au.  Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US$1,800/oz. Mineral resources as stated are inclusive of mineral reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The Madsen Resource Estimate has an effective date of December 31, 2021 and excludes depletion of mining activity during the period from January 1, 2022 to the mine closure on October 24, 2022 as it has been deemed immaterial and not relevant for the updated report. Please refer to the technical report entitled “Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada”, prepared by SRK Consulting (Canada) Inc., and dated June 16, 2023, and amended April 24, 2024. A full copy of the SRK report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca
3. The Madsen Mine also contains Probable reserves of 478 thousand ounces (“koz”) of gold grading 8.16 g/t Au. Mineral reserve estimates are based on a gold price of US$1,680/oz. Please refer to the technical report “NI 43-101 Technical Report and Prefeasibility Study for the Madsen Mine, Ontario, Canada” available on the Company’s website and on SEDAR+ at www.sedarplus.ca

Media Contact

Organization: Global Stocks News

Contact Person: guy.bennett@globalstocksnews.com

Website: https://www.globalstocksnews.com

Email: Send Email

Country:Canada

Release id:27481

The post West Red Lake Gold Bulk Sample Program Produced Gold worth CAD $11.7 million appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

The acquisition of the Kinskuch property from Hecla will triple the total strike length of favorable Jurassic-age Hazelton-group volcanic rocks and associated “Red Line” by adding the Illiance trend to the Kitsault Valley trend.

Canada, 8th May 2025 – Sponsored content disseminated on behalf of Dolly Varden Silver. On May 5, 2025 Dolly Varden Silver (TSXV:DV) (OTC:DOLLF) (FSE: DVQ1) announced that is has signed a definitive agreement to acquire 100% of Hecla Mining Company’s Kinskuch property in northwest BC’s Golden Triangle.

The acquisition of the Kinskuch property will increase Dolly Varden’s tenure area by 400% to consolidate a district scale, contiguous claim package that includes the Kitsault Valley, Big Bulk and Kinskuch projects.

The consolidated land package will be about 77,000 hectares, which is 225 X bigger than New York City’s Central park. 

The Kinskuch acquisition allows Dolly Varden Silver (an explorer) and Hecla Mining (a producer) to focus on their respective core strengths.

Hecla has a market cap of USD $3.03 billion.  According to Hecla’s SEC Year-end Financial Filings, in 2024 it delivered 16.2 million ounces of silver, 141,923 ounces of gold, generating record sales of $929 million.

Hecla’s 2024 Capital Expenditures on existing mines (Greens Creek, Lucky Friday, Casa Berardi, Keno Hill) totaled $214.5 million.

Hecla has ten exploration projects on the books in the USA, Canada and Mexico.  The company’s total 2024 exploration and pre-development spend was $27.3 million, less than 1% of its market cap.

Dolly Varden has a market cap of CND of $291 million. The company does not have an operating mine, therefore does not generate metal sales.

According to DV’s 2024 consolidated financial statements, DV spent $9.8 million on drilling, $1.6 million on geoscience and $1.1 million on sample analytics.

Its total 2024 exploration spend was $17.8 million, about 6% of its market cap.

HL is a producer first. DV is an explorer first.

“Consolidating Dolly Varden’s Kitsault Valley Project with our major shareholder Hecla’s large and underexplored claims covering prospective Hazelton Group rocks will allow for more efficient exploration and enable us to unlock value on our path to be a premier precious metals company.” stated Shawn Khunkhun, President and CEO of Dolly Varden.

“Additionally, we welcome Hecla’s increased share ownership in our Company,” added Khunkhun.

Kinskuch Acquisition Deal Highlights:

• DV to issue Hecla 1,351,963 shares of DV worth $5 million.
• Hecla retains 2% net smelter return royalty (NSR) on the Kinskuch property.
• NSR will include a 50% buyback right, for $5 million, allowing DV to reduce the royalty to 1% at any time.
• Hecla maintains a designated position on DV’s Technical Committee.
• DV and Hecla will collaborate to unlock the potential of the underexplored areas.

“We will be using our structural and lithological framework model developed at the Kitsault Valley Trend that has led our team to significant discoveries such as the Wolf Vein and applying them to exploration of the Illiance Trend,” states Rob van Egmond, VP Exploration for Dolly Varden.

“Hecla was successful in identifying a subparallel trend of silver-rich mineralization, located to the east of our significant silver and gold deposits,” added van Egmond.

The acquisition of the Kinskuch property from Hecla will triple the total strike length of favorable Jurassic-age Hazelton-group volcanic rocks and associated “Red Line” by adding the Illiance trend to the Kitsault Valley trend.

In the May 7, 2025 “Explainer Video” below, van Egmond outlines the exploration history and potential of the new land package.

“Hecla is giving us the rights to explore that land,” stated van Egmond in the video. “We are now the owners, but they still maintain ownership because it is an equity deal.”

“They’ve increased their percentage ownership in Dolly Varden. Indirectly, they still are part owners of that land. They trust us to do the exploration work and unlock the value.”

Both the Kitsault Valley and the Illiance trends are interpreted to be part of a district scale, sub-basin of the Eskay Rift period. The Illiance trend has seen little modern exploration work, limited to localized diamond drilling by Hecla on the three kilometer long, north-south trending Illy epithermal system.

Also included within the acquisition area is the past-producing Esperanza Mine (1910), interpreted as quartz-carbonate veins with similar silver grades to the historic Dolly Varden Mine (1920) hosted in Upper Hazelton sedimentary rocks. 

According to a BC government database of historical deposits, “The Esperanza mine produced high-grade, hand-sorted silver ore sporadically between 1911 and 1948. In total, 4662 tonnes of ore with an average grade of 1.77 grams per tonne gold, 983.9 grams per tonne silver were mined”.

The southwestern portion of the acquired claims covers Hazelton Group rocks that trend to within seven kilometers of Goliath Resources’ recently discovered Surebet Zone gold mineralization. 

The area south of Big Bulk has the potential to host additional gold-copper porphyry systems along the south trend towards the Kitsault molybdenum porphyry deposit, which is being actively advanced by Newmoly llc.

The Kinskuch property is covered by a recently renewed five-year Exploration Permit on both Nisga’a and Gitanyow Traditional Lands.

“Hecla didn’t walk away from Kinskuch—you could say they traded up, by handing over the property to Dolly Varden in exchange for shares, a royalty, and retaining a board seat,” wrote Jeff Valks, Senior Analyst at The Gold Advisor on May 5, 2025.

“Hecla keeps a stake in any upside without spending a dime on drills—it’s not a core property for them and they want Dolly Varden to drill it.”

The Kinskuch property acquisition is subject to TSX Venture Exchange and NYSE America approvals. It is expected to close in mid-May.

On May 7, 2025, Dolly Varden announced plans for the fully funded 2025 exploration drilling program at its 100% owned Kitsault Valley Project. A minimum planned 35,000 meters of diamond drilling will build on the success of the 2024 program.

Rob van Egmond, P.Geo., Vice-President Exploration for Dolly Varden Silver, the “Qualified Person” as defined by NI43-101 has reviewed, validated and approved the scientific and technical information contained in this GSN release.

Disclaimer: Dolly Varden Silver paid GSN $1,750 for the research, creation and dissemination of this content.

Contact: guy.bennett@globalstocksnews.com

Full Disclaimer: Global Stocks News (GSN) researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN makes no recommendation to purchase any individual stock. Our publications should be used as a starting point for additional research and “due diligence”. GSN publications contain “forward-looking statements” such as “may,” “anticipate,” “expect,” “project,” “intend,” “plan,” “believe,” which are based on reasonable expectations, but these statements are imperfect predictors of future events. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly.

Media Contact

Organization: Global Stocks News

Contact Person: guy.bennett@globalstocksnews.com

Website: https://www.globalstocksnews.com

Email: Send Email

Country:Canada

Release id:27483

The post Dolly Varden Silver Acquires Hecla Mining’s Kinskuch Property For $5 Million In Stock appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

Delivering tonnes and grade from the mine that align almost exactly with expectations validates all the work WRLG has done to unlock the tremendous value in the Madsen Mine.

Canada, 8th May 2025 – Sponsored content disseminated on behalf of West Red Lake Gold. On May 7, 2025, West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) published reconciliation results from the bulk sample program at its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.

WRLG bulk sampled 14,490 tonnes of ore @ 5.72 grams/tonne Gold, generating 2,498 ounces of gold worth CAD $11.7 million at CAD $4,700/ounce.  The Madsen Mill has a permitted throughput of 800 tonnes/day.

West Red Lake Gold is one of only four single-asset companies putting a new gold mine into production in 2025.

West Red Lake Gold Bulk Sampling Highlights:

• The bulk sample carried an average grade of 5.72 grams per tonne (“g/t”) gold (“Au”), 0.7% above the average predicted grade of 5.68 g/t Au for six stopes across three areas.
• 14,490 tonnes of bulk sample produced 2,498 ounces of gold
• Gold recovery in the Madsen Mill averaged 95%

“Delivering tonnes and grade from the mine that align almost exactly with expectations validates all the work we have done to unlock the tremendous value in the Madsen Mine,” stated Shane Williams, President and CEO, in the May 7, 2025 press release.

“This achievement underlines that Madsen is on track to become a new high-grade gold mine in 2025.”

In the May 7, 2025 video below, WRLG explains why “West Red Lake Gold is Ready to Perform and Built for Today’s Gold Bull Market.”

The bulk sample included material from three main resource zones at Madsen – Austin, South Austin, and McVeigh.

Close reconciliation between predicted and actual grades and tonnages highlights the effectiveness of definition drilling and detailed stope design in informing accurate modelling of gold mineralization.

West Red Lake Gold has completed over 90,000 metres of definition drilling since October 2023, and the high-confidence tonnes resulting from this ongoing program currently make up approximately 90% of the 18-month detailed mine plan.

Six stopes were drilled, engineered, and mined using the same workflow that the Company plans to implement during regular mine operations at Madsen.

“We design stopes to maximize economic benefit in today’s gold price environment. This differs from the Pre-Feasibility Study (“PFS”), which used a gold price of US$1,680 per ounce when designing stopes,” stated Williams.

“Using a gold price just below the long-term consensus gold price of US$2,350 per oz. unlocks significant opportunity at Madsen because, in many areas, a halo of lower-grade mineralization can be profitable to include in the stope design when it surrounds targeted high-grade tonnes.”

“In addition, mining larger stopes can lower mining costs by enabling long-hole stoping instead of cut-and-fill methods. We used long-hole stoping exclusively in the bulk sample.

We are excited by the opportunity to mine additional tonnes and ounces at Madsen, potentially lowering operational costs, increasing production, and enhancing overall economics relative to the PFS mine plan,” stated Williams in the May 7, 2025 press release.

“In a note published on Wednesday, the precious metals team [at Bank of America] led by Michael Widmer said it sees growing potential for gold to hit $4,000 an ounce in the second half of this year,” reported Kitco News.

“In March, Widmer and his team predicted that gold prices would hit $3,500 by 2027—a target the precious metal reached in less than a month.”

“In the commodities market, timing is critical. I’m betting current macro trends will boost the value of gold,” wrote WRLG Co-Founder, Major Shareholder, Strategic Advisor Frank Giustra in 2024.

Giustra was instrumental in the development and growth of several significant gold producers. Gold Corp (Wheaton River) grew from US $17 million to a $21.8 billion market capitalization in a little over five years. Endeavour Mining grew from $180 million to $8 billion in under 7 years.

“It begins with one well-executed mine acquisition, like we are proving with Madsen. It expands through smart deals and leadership,” added Giustra.

“We acquired Madsen because we believed an accurate geological model, detailed engineering design, and disciplined mining practices would enable exactly this – a mine that delivers to plan. I am extremely pleased to deliver these bulk sample results, and I look forward to ramping up operations at the Madsen Mine in the coming months,” stated Williams.

The Madsen deposits presently host an NI 43-101 Indicated resource of 1.65 million ounces of gold grading 7.4 g/t gold and an Inferred resource of 0.37 Moz of gold grading 6.3 g/t gold. [1 .] [2.] [3.] 

The technical information presented in this news release has been reviewed and approved by Will Robinson, P.Geo., Vice President of Exploration for West Red Lake Gold and the Qualified Person for technical disclosure at the West Red Lake Project, as defined by NI 43-101 “Standards of Disclosure for Mineral Projects”. 

Contact: guy.bennett@globalstocksnews.com

Disclaimer: West Red Lake Gold paid Global Stocks News (GSN) $1,750 for the research, writing and dissemination of this content. 

Full Disclaimer: GSN researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN publications may contain forward-looking statements such as “project,” “anticipate,” “expect,” which are based on reasonable expectations, but these statements are imperfect predictors of future events.

References: 

1. “NI 43-101 Technical Report and Prefeasibility Study for the Madsen Mine, Ontario, Canada”, prepared by SRK Consulting (Canada) Inc. and dated January 7, 2025 (the “Madsen Report ”). A full copy of the Madsen Report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca
2. The Madsen Mine deposit presently hosts a National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) Indicated resource of 1.65 million ounces (“Moz”) of gold grading 7.4 g/t Au and an Inferred resource of 0.37 Moz of gold grading 6.3 g/t Au.  Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US$1,800/oz. Mineral resources as stated are inclusive of mineral reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The Madsen Resource Estimate has an effective date of December 31, 2021 and excludes depletion of mining activity during the period from January 1, 2022 to the mine closure on October 24, 2022 as it has been deemed immaterial and not relevant for the updated report. Please refer to the technical report entitled “Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada”, prepared by SRK Consulting (Canada) Inc., and dated June 16, 2023, and amended April 24, 2024. A full copy of the SRK report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca
3. The Madsen Mine also contains Probable reserves of 478 thousand ounces (“koz”) of gold grading 8.16 g/t Au. Mineral reserve estimates are based on a gold price of US$1,680/oz. Please refer to the technical report “NI 43-101 Technical Report and Prefeasibility Study for the Madsen Mine, Ontario, Canada” available on the Company’s website and on SEDAR+ at www.sedarplus.ca

Media Contact

Organization: Global Stocks News

Contact Person: guy.bennett@globalstocksnews.com

Website: https://www.globalstocksnews.com

Email: Send Email

Country:Canada

Release id:27481

The post West Red Lake Gold Bulk Sample Program Produced Gold worth CAD $11.7 million appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

Ten half-day themed camps—from performing arts and dance to STEM exploration and creative writing—plus an eight-week full-day Spotlight Day Camp and specialty clubs for ages 5–16 in Lincoln, CA. Registration is open now.

Lincoln, CA, United States, 8th May 2025 – Tamraloo Studios today unveiled its Summer Camps 2025 lineup in Lincoln, CA, featuring ten half-day programs, a full-day Spotlight Day Camp, and a selection of specialty clubs for children ages 5 through 16. The comprehensive schedule delivers week-long experiences in theater, dance, STEM, literacy, and creative arts in small, professionally supervised groups.

Program Details

Half-Day Themed Camps (9 am–12 pm or 12:30 pm–3:30 pm) include:
• Dopey’s Daring Adventure (fairytale theater)
• Swashbuckle & Sparkle (pirate-princess dance)
• Summer Beach Dance Party (tropical dance)
• Shiz Academy (musical theater)
• Summer of Stories (children’s author literacy)
• Budding Writers: Young Authors (creative writing)
• Mission: Space Camp (rocket science & astronomy)
• Dino Discovery Camp (paleontology)
• Brick Builders: LEGO Masters (engineering challenges)
• Summer Pirate Camp (treasure hunts & shipbuilding)

Full-Day Spotlight Day Camp (9 am–3:30 pm)
• Dates: June 9 – August 1 (no camp July 3–4)
• Activities: Theater games, dance workshops, music sessions, crafts, and outdoor play with rotating weekly themes
• Tuition: $1,800 for the full eight-week session; $250 per week; early-bird discount available for payments received by May 1

Specialty Clubs & Extended Play
• Afternoon Extended Play add-on following half-day camps
• Young Crochet Club, Granny Square Tote Camp, Strum & Story Guitar & Vocals, and Creative Curiosity Club

All camps and clubs take place at Tamraloo Studios, located at 2800 Nicolaus Road #100 in Lincoln. Instructors are background-checked, certified, and maintain low camper-to-staff ratios to ensure quality instruction and safety.

Additional Benefits

Flexible scheduling with half-day, full-day, and add-on care options

Early-bird rates, sibling and multi-camp discounts, and need-based scholarships

Hands-on curriculum designed to develop creativity, confidence, and academic skills

Convenient, central Lincoln location with easy drop-off and pick-up

Registration opens May 10. Families may secure camp spots by visiting https://www.tamraloo.com/summer-camps-in-lincoln-ca. Popular sessions fill quickly, and payment confirmation will follow online registration.

Media Contact

Organization: Tamraloo Studios

Contact Person: Tamie Rogers

Website: https://www.tamraloo.com/summer-camps-in-lincoln-ca

Email: Send Email

Contact Number: +19166642516

Address:2800 Nicolaus Rd

Address 2: Suite #100

City: Lincoln

State: CA

Country:United States

Release id:27461

The post Tamraloo Studios Launches Summer Camps 2025 in Lincoln, CA with Ten Engaging Themes appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

PBK Miner now also offers an affiliate program where you can earn money by recommending the site to others. You can start earning money even without investing money. After you invite a certain number of active referrals, you will receive a one-time fixed bonus of up to $30,000. There is no limit to the number of referrals you can make, so your profit potential is unlimited

As technology continues to advance, the world is moving towards an operating model based on renewable energy. They rely on renewable energy sources such as solar and wind power to power new energy cloud mining operations, which greatly reduces mining costs and incorporates the electricity generated by surplus energy into the grid. This not only saves a lot of energy consumption, but also generates high profits, allowing investors to see the potential of new energy. In the fast-paced world of cryptocurrency, simplicity, ease of use and profitability are essential. For beginners who want to earn a stable income, cloud mining is an attractive option. In this article, we will explore the concept of cloud mining, take PBK Miner as an exemplary brand of cloud mining, and explore how it can help you start making $10,000 or even more a day.

The appeal of new energy cloud mining

Cloud mining has long been popular among cryptocurrency enthusiasts due to its ease of use and convenience. Unlike traditional mining, it does not require expensive hardware, specialized technology, or constant monitoring. Cloud mining simplifies the process and allows anyone, regardless of experience, to participate in the cryptocurrency revolution. Instead of investing in expensive mining equipment and managing a complex setup, users can simply rent mining algorithms from a remote data center and receive a portion of the profits.

PBK Miner: A combination of laziness and profit

PBK Miner takes cloud mining to the extreme of simplicity, making it perfect for beginners. The platform’s user-friendly interface ensures that even cryptocurrency novices can easily get started. For PBK Miner, laziness is not a weakness, but a path to success. As a pioneer in cloud mining services, PBK Miner has 100 mining farms and more than 500,000 mining equipment around the world, all of which are driven by new renewable energy cycles, and has won the recognition and support of more than 8 million users with its stable income and security.

Unimaginable money-making opportunities

What sets PBK Miner apart is its extraordinary daily passive income, which offers the opportunity to earn $10,000 or more every day, helping users realize their dreams of becoming rich online. Imagine earning a considerable income without continuous effort or complex settings – this is the charm of PBK Miner.

Security and Sustainability

In the mining industry, trust and security are of utmost importance. PBK Miner knows this and puts user safety first. PBK Miner promises transparency and legality to ensure that your investment is protected, allowing you to focus on profitability. All mines use clean energy to achieve carbon neutrality in cloud mining. Renewable energy protects the environment from pollution and brings superior returns, allowing every investor to enjoy opportunities and benefits.

Platform Benefits:

⦁Get an instant $10 bonus upon registration (click here to register now).

⦁High profit levels and daily payouts.

⦁No additional service fees or management fees.

⦁The platform uses more than 9 cryptocurrencies for settlement (such as BTC, ETH, SOL, USDC, USDT, XRP, DOGE, LTC, BCH, etc.)

⦁The company’s affiliate program allows you to refer your friends and receive a referral bonus of up to $30,000.

⦁ McAfee® security protection. Cloudflare® security protection. 100% uptime guarantee and excellent 24/7 live technical support.

How PBK Miner can be a passive income opportunity.

Step 1: Register an account

In this example, we chose PBK Miner as our cloud mining provider. Create a new account by going to the provider of your choice and signing up. PBK Miner offers a simple sign-up process where you only need to enter your email address and create an account to participate. After signing up, users can start mining Bitcoin and other cryptocurrencies right away.

Step 2: Purchase a mining contract

Currently, PBK Miner also offers a variety of mining contract options, such as $100, $500, and $1,000 contracts, each with a unique ROI and specific contract period.

For example, the following contracts pay interest daily:

(Different contracts have different computing power, different investment amounts, different terms, and different returns. For more contracts, please visit the PBK Miner official website or click on the contract details to view)

Participate in the above contracts and you can get more passive income:

You can get income the next day after purchasing the contract. When the income reaches $100, you can choose to withdraw to your wallet or continue to purchase other contracts.

Affiliate Program

PBK Miner now also offers an affiliate program where you can earn money by recommending the site to others. You can start earning money even without investing money. After you invite a certain number of active referrals, you will receive a one-time fixed bonus of up to $30,000. There is no limit to the number of referrals you can make, so your profit potential is unlimited!

In short

If you are looking for ways to increase your passive income, cloud mining is an excellent option. If used correctly, these opportunities can help you grow your cryptocurrency wealth in “autopilot” mode with minimal time investment. At the very least, they should be less time-consuming than any type of active trading. Passive income is the goal of every investor and trader, and with PBK Miner, maximizing your passive income potential will never be easier.

If you want to learn more about PBK Miner, please visit its official website: https://https://pbkminer.com/

Or download our mobile app from Google Play or Apple Store.

Media Contact

Organization: PBK Miner

Contact Person: Alison Evans

Website: https://pbkminer.com/

Email: Send Email

Contact Number: +13462407679

Address:30 Colston Avenue, Carshalton, Surrey, England, SM5 2NU

Address 2: Uk

City: England

State: England

Country:United Kingdom

Release id:27413

The post Ripple XRP enthusiasts can easily make $12,000 or more per day by cloud mining at home using PBK Miner appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

AzInTelecom, in partnership with Gcore, has launched the AzInCloud platform to provide advanced cloud computing services.

Azerbaijan, 8th May 2025 – AzInTelecom LLC, operating under the Azerbaijan Transport and Communications Holding (AZCON), has officially launched a partnership with Gcore, the global edge AI, cloud, network, and security solutions provider.

A partnership between AzInTelecom and Luxembourg-based company Gcore was officially announced at an event held in Baku. The event was attended by the management teams of both companies, representatives from technology firms, and other guests.

It was highlighted during the event that under this partnership, a wide range of advanced cloud services powered by cutting-edge tools are now available on AzInTelecom’s AzInCloud platform. Individual and corporate clients looking to benefit from modern cloud technologies can instantly access these services through the website AzInCloud.az. The actively operating platform offers users convenient management tools, a wide selection of operating systems, a cloud marketplace, monitoring services, and other key advantages.

AzInTelecom, in partnership with Gcore, has launched the AzInCloud platform to provide advanced cloud computing services. The initiative aims to boost digital infrastructure in Azerbaijan, offering scalable, secure solutions for businesses and public institutions across various industries.

Under this partnership, the AzInCloud platform will provide an expanded suite of cloud services equipped with modern tools. The event also emphasized that AzInCloud operates as a public cloud service based on a pay-as-you-go model. The portal is accessible to all—legal entities, small and medium-sized businesses, individual entrepreneurs, and private users. To use the service, customers can register at AzInCloud.az, make payments via bank card, and immediately start using the services.

Andre Reitenbach, CEO at Gcore, commented: “Digital sovereignty is not a luxury, but a strategic necessity. Together with AzInTelecom, we operate a sovereign cloud solution that gives Azerbaijan full control over its digital infrastructure – secure, transparent, and independent. This is the foundation for trust, resilience, and true digital autonomy.”

Farrukh Farajullayev, Chief Commercial Officer at AzInTelecom commented:   “The main goal of the AzInCloud platform is to make modern cloud services accessible to everyone and to promote digital transformation in the business environment. We are proud to be the first company to create such a platform in Azerbaijan in partnership with Gcore, a leading European technology company.”

About AzInTelecom
AzInTelecom LLC is a state-owned company operating under Azerbaijan’s Ministry of Digital Development and Transport. It provides cloud services, data storage, and cybersecurity solutions to businesses, government bodies, and individuals. Through its AzInCloud platform, AzInTelecom supports the country’s digital growth by offering secure, flexible, and locally compliant technology services that are easy to access and use.

About Gcore
Gcore is a global edge AI, cloud, network, and security solutions provider. Headquartered in Luxembourg, with a staff of 600+ operating from ten offices worldwide, Gcore provides its solutions to global leaders in numerous industries. The company manages its own global IT infrastructure across six continents, with one of the best network performances in Europe, Africa, and LATAM, due to the average response time of 30 ms worldwide. Gcore’s network consists of 180+ points of presence around the world in reliable Tier IV and Tier III data centres, with a total capacity exceeding 200 Tbps.
 

For more information:

www.azincloud.az

Media Contact

Organization: AzInTelecom

Contact Person: Murad A

Website: https://azintelecom.az/

Email: Send Email

Country:Azerbaijan

Release id:27370

The post AzInTelecom, in collaboration with Gcore, has launched the AzInCloud platform appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section