North Stawell Minerals Limited (ASX:NSM)’s Post

Viking Mines has received binding commitments from investors to raise ~A$2.39 million (before costs) under a placement of fully paid ordinary shares. Proceeds from the Placement will boost #VKA’s financial position to ~A$5 million in cash reserves to fund #exploration activities. Viking is subsequently expanding the current #drilling program to up to ~20,000 metres of RC drilling at the First Hit Gold Project in the Eastern Goldfields, Western Australia. The initial ~5,000m phase of the drilling programme will be completed prior to the end of the December quarter, testing open targets proximal to the First Hit Mine and first pass drilling at high-priority zones along a 25-kilometre stretch of the Zuleika Shear, a well-recognised structural belt, known for its significant high-grade #gold endowment. Learn more: https://loom.ly/pJ8hgFs #VikingMines #VKA #ASX

Doubleview Gold Corp (TSX-V:DBG, OTCQB:DBLVF) announced that it has completed a private placement raising $76,000 through the issuance of 200,000 units priced at $0.38 per unit. Each unit includes one common share and one share purchase warrant, with the warrants exercisable at $0.48 for six months and $0.55 for an additional 18 months. The warrants may be subject to early termination if the shares reach a sustained price of $0.65 within 24 months. The proceeds of the offering will be used for exploration and development at Doubleview's projects in British Columbia, primarily the Hat Project, including drilling, geological advisory, and other project-related... http://ow.ly/Vgzo105Qhk9

Strategic Progress with Centra’s Nevada Assets: Element79 Gold Corp is excited to share significant updates regarding Centra, in which Element79 holds shares. Centra is in the final steps of completing its NI 43-101 on the Long Peak property. This is a major step towards Central being able to complete an RTO or IPO go-public round. Additionally, Centra’s Stargo asset, which is directly adjacent to Phenom Resources ’ property, has shown remarkable potential. The major hits Phenom has achieved on its Dobbin property are a bellwether and motivator for Centra’s upcoming development plans on the Stargo project. As Centra advances towards capital raising, going public, and initiating drilling, we look forward to the value these developments will unlock for Element79 and Centra shareholders. 🔗 Learn more about Phenom Resources’ recent drilling results at Dobbin here: https://lnkd.in/dzxi_qjA #miningindustry #juniormining #miningnews #miningsector #mininginvestment

Western Mines Group WMG's recent drilling results provide both compelling opportunities and notable risks for investors. This analysis outlines key factors influencing investor sentiment. Read More https://lnkd.in/eT9P44ap #InvestmentAnalysis, #WMG, #NickelMining, #MarketSentiment, #Opportunities, #Risks

**APA Corporation's Strategic Shift: A $1 Billion Sale in the Permian Basin** Houston-based APA Corporation is reportedly exploring the sale of its Permian Basin assets, with the deal potentially valued around $1 billion. According to Reuters, the company is working with investment banks RBC Richardson Barr and Truist Securities to facilitate the transaction. APA’s assets span across the Permian Basin, including Texas and New Mexico, in areas like the Northwest Shelf and the Central Basin Platform. This strategic move aligns with APA’s focus on reducing its $6.7 billion debt while shifting its attention to shale operations. Earlier this year, APA sold $700 million worth of Texas assets, and this potential sale underscores the trend of consolidation in the U.S. shale industry, particularly in the Permian and Eagle Ford plays. With the shale industry experiencing a wave of mergers and asset sales, APA’s sale represents a broader trend where operators are positioning themselves to maximize efficiency while maintaining a diverse portfolio. As the U.S. energy landscape continues to evolve, APA Corporation’s actions will be closely watched by industry insiders and investors alike. #EnergyNews #ShaleIndustry #PermianBasin #OilAndGas #APA

Forrestania Resources Ltd ' drilling program at Ada Ann presents both investment opportunities and risks that could influence investor sentiment and stock value. Read More https://lnkd.in/g5UKuPrX #ForrestaniaResources, #investmentImplications, #goldExploration, #risks, #opportunities

Tectonic Metals Inc. (TSX-V:TECT) Set to Commence Drilling After Successfully Closing Oversubscribed $3 Million Private Placement; Extends Offering By $1 Million! 💥🚀🚀 Over $3 million raised and counting! Our investors believe in us, and we believe in Flat Gold’s potential. We’re extending this offering because we’re all in on making the 2024 drill season a game-changer. This is more than just raising funds—this is about finding Alaska’s next big gold discovery. Are you in? ⛏️   Tony Reda, President & CEO commented, “We are eager to deploy substantial funds to drill test the newly identified kilometre-scale targets, which hold significant potential to further reveal the tier-1 gold asset at Flat. Multiple layers of compelling geological evidence support these targets. The progress we've achieved so far, combined with the quality of our new targets, positions us well to unlock significant value at the Flat Gold Project for our stakeholders and shareholders. We believe we are on the cusp of something game-changing and focused on delivering results that reflect that potential. This evidence points to one thing: it’s time to drill here!” 🔗 Read the full press release: https://bit.ly/TECTNR 📽️ Don't miss our webcast featuring Tony Reda discussing Crescat Capital’s expanded investment and the 2024 drill program: https://lnkd.in/gTzb9EZN #gold #goldmining #financing #juniormining #goldexploration #alaskagold #crescatcapital #investment #miningnews #FlatGoldProject

Fresh from its $3m capital raise, Legacy Minerals (ASX: LGM) outlines compelling drill targets at its Thomson Project in NSW, with drilling planned for early 2025. https://ow.ly/gWhL50Ukr0w #LGM #exploration #discovery #NSW #Thomson #copper #gold

Pacgold's latest drilling results reveal a major gold system at the Alice River Gold Project in North Queensland. Key highlights include: 💥114m @ 1.8g/t gold at the Central Target 💥Significant intercepts at Southern Target and The Shadows Prospect 💥Enhanced bulk-tonnage potential with new mineralised zones identified With a strong cash position and a comprehensive 2025 exploration program in the works, Pacgold is well-positioned to capitalise on these exceptional results. Find out how these developments could redefine the project's scale and opportunity. Matthew Boyes | CAOILIN CHESTNUTT (MAICD, MAIG, MAusIMM) | Richard Hacker | Michael Pitt | Suzanne Yeates | Shane Goodwin | Geoff Lowe | Stewart Walters | Holly Walters | Riley Maring #Pacgold #PGO #Gold #Investing #Opportunity

Ovintiv Inc. (NYSE, TSX: OVV) has announced a series of transformative transactions aimed at strengthening its core portfolio and enhancing shareholder value. The company has entered into a definitive agreement to acquire premium oil-rich assets in the Alberta Montney from Paramount Resources for $2.377 billion. Concurrently, Ovintiv has agreed to divest its Uinta Basin assets in Utah for $2.0 billion. These moves are designed to streamline Ovintiv’s operations, significantly expand its Montney inventory, and boost long-term free cash flow, while reinforcing its focus on high-return, core acreage in the Montney and Permian basins. https://lnkd.in/gDFVmxcR