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Firetail secures options to buy two gold projects in US
Firetail secures options to buy two gold projects in US

Yahoo

time02-06-2025

  • Business
  • Yahoo

Firetail secures options to buy two gold projects in US

Australian exploration company Firetail Resources has entered into two separate binding option agreements with Athena Gold and Badlands Resources to acquire two high-grade projects in prolific gold-producing regions in the US. Under the deals, Firetail will acquire 80% of the Excelsior project in Nevada and 100% of the Bella project in South Dakota, US, respectively. The Excelsior Springs project within Nevada's Walker Lane Trend has produced more than 40 million ounces (moz) of gold, with the Buster Mine yielding more than 19,000oz at 41 grams per tonne. The trend is home to a variety of gold mines at different stages, including existing operations and those under development, such as the AngloGold Ashanti Silicon/Merlin Project, Kinross Gold's Round Mountain Mine and the Comstock Project. Firetail Resources has committed to spending $5m (A$7.71m) over five years to earn its 80% interest in Excelsior, with Athena retaining a 20% free-carried interest until a definitive feasibility study is completed. The commercial terms for the Excelsior Springs project include an exclusivity fee of A$50,000, cash consideration of A$200,000, an issue of 32 million fully paid ordinary shares and a 1% net smelter royalty (NSR) to Athena Gold on ground without pre-existing royalties. The agreement is subject to shareholder approval and a formal joint venture agreement, with completion expected by 7 August 2025. The Bella project is within the Homestake Gold Belt, known for hosting approximately 85moz of gold. For the Bella project, Firetail has paid an exclusivity fee of C$100,000 ($72,777.6) and will pay a cash consideration of C$600,000, along with issuing 17 million fully paid ordinary shares. A 1% NSR royalty is granted to Badlands Resources, which can be repurchased by Firetail Resources within five years post the commencement of commercial production for C$500,000. Upon completion of both transactions and the issue of deferred York Harbour Consideration Shares, Firetail will have a total of approximately 504 million shares on issue. Firetail managing director Glenn Poole said: 'The acquisition of such high-calibre gold assets will complement our current portfolio and leverages off the board's strengths, enabling us to diversify our exposure to the prevailing strong gold and copper prices. The Excelsior Springs Project represents an advanced, drill-proven opportunity with gold from surface, and the mineralisation remaining open in all directions with the potential to deliver an expedited resource – reinforced by the presence of further historic mines within the mineral claim that highlight the potential precious metal endowment of the area. 'The Bella Project sits in the shadow of a giant, with the Homestake mine being one of the most notable in modern history. The evidence we see on the ground – of extensive mineralisation-hosting Banded Iron Formation and multiple, significant grades occurring across the wider project area is highly encouraging. The opportunity to follow up on multiple, extensive, historically producing trends that have not been drilled in the modern era in a district known for its size and scale is hugely exciting.' In September 2024, Firetail met the conditions of an option agreement to earn interest in York Harbour Metals' Newfoundland copper-zinc-silver project. "Firetail secures options to buy two gold projects in US" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio

Embrace Lunar New Year fashion with YUMI KIM
Embrace Lunar New Year fashion with YUMI KIM

Yahoo

time31-01-2025

  • Entertainment
  • Yahoo

Embrace Lunar New Year fashion with YUMI KIM

HONOLULU (KHON2) — Founder and Creative Director, Kim Phan, of YUMI KIM joined Brittni Friedlander on Wake Up 2Day to share their new Lunar New Year Collection and styles for 2025.'Founded by Kim Phan in 2008, YUMI KIM is a fashion brand known for its vibrant prints and timeless, feminine designs. Rooted in versatility and effortless style, each piece is crafted to inspire confidence and joy. From its beginnings in New York to becoming a globally loved brand, YUMI KIM continues to bring beauty and inspiration everywhere.' Dressing for Lunar New Year is all about embracing traditions while welcoming a fresh start for the year ahead. It's a time to honor family, culture, and luck. The Bella Project aims to make prom affordable for every high school student The clothing choices often reflect themes of prosperity, happiness, and good fortune. Bright, vibrant colors—especially red, gold, and yellow—are favored because they symbolize luck, wealth, and happiness. Red is particularly significant, as it's believed to ward off evil spirits and bring good luck for the coming year. On Wake Up 2Day, Kim Phan, shared traditional cheongsams and modern pieces that can be phenomenal dress options for the Year of the Snake. Download the free KHON2 app for iOS or Android to stay informed on the latest news For Hawaii residents, 'YUMI KIM just opened its Flagship Boutique and only store in the world in mid-December! You can visit our Boutique at Royal Hawaiian Center in Waikiki, we're located on 1st floor of Building B next to Dean & Deluca. Three hours of parking is free with any $25 purchase for locals and military. You can also shop and purchase outfits in the comfort of your own home at our online shop at we offer free shipping on purchases over $200. Discover more at and follow the journey on Instagram (@yumikim.)' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Seaduction celebrating Valentine's Day in Waikiki
Seaduction celebrating Valentine's Day in Waikiki

Yahoo

time30-01-2025

  • Entertainment
  • Yahoo

Seaduction celebrating Valentine's Day in Waikiki

HONOLULU (KHON2) — If you're looking for a fun way to spend Valentine's Day, you can do so right along the beach in Waikiki at the Aquarium for their Seaduction event.'We're excited to celebrate love, friendship, or simply a magical night under the stars at the Waikiki Aquarium at our enchanting Seaduction event,' said Elizabeth Churchill, the Executive Director of Friends of the Waikiki Aquarium. 'Whether you're planning a romantic evening with your Valentine, a fun outing with your Galentine or a group of friends, it will be a night to remember. It's also a great way to support the Waikiki Aquarium.' Churchill says the evening will feature live music by harpist Megan Levin, a champagne reception, delectable cuisine from Chart House Waikiki, and a fascinating glimpse into the mysterious mating rituals of the Aquarium's marine life. It begins at 5:30 p.m. with a champagne reception and time to explore the galleries, with dinner to follow at 6:15 p.m. The Bella Project aims to make prom affordable for every high school student There will be tables for two arranged throughout the Aquarium's galleries, fronting exhibits such as Barrier Reef, Moon Jellies, Reef Predators, Weedy Sea Dragons and more. 'Tables for Two includes welcome champagne in a special keepsake, a bottle of wine, and three-course dinner service within the galleries,' Churchill said. 'General admission seating will be available on the Aquarium lawn, where everyone can enjoy a beautiful sunset over Waikīkī and an evening under the stars, all while watching the harpist play. Lawn seating includes the champagne reception and a buffet dinner, also by Chart House. The evening's menu will feature a culinary experience by Chart House Waikiki, which recently reopened after an extensive 9-month renovation. The refreshed space honors its 50+ years of history as Waikiki's only waterfront restaurant not located in a hotel.' Admission per table of two is $300 and general admission is $75 per person. To make a reservation online, visit Download the free KHON2 app for iOS or Android to stay informed on the latest news If interested in proposing during this romantic outing, call or email the FOWA membership office at (808) 302-5917 or membership@ for more details. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

The Bella Project aims to make prom affordable for every high school student
The Bella Project aims to make prom affordable for every high school student

Yahoo

time30-01-2025

  • Lifestyle
  • Yahoo

The Bella Project aims to make prom affordable for every high school student

HONOLULU (KHON2) — Brittany Montilliano, Marketing and Communications Director at YWCA Oahu, shares more information on The Bella Project and how community members can donate for the cause.'The Bella Project is a collaboration between Dress for Success Honolulu and the Patsy Center for Business and Leadership at YWCA Oʻahu. The Bella Project breaks downfinancial barriers for youth to participate in proms, winter balls, and other formal events byproviding formal attire free of charge. Throughout the year the Bella Project collects gentlyused prom attire from the community and in the spring high schoolers are invited to join usfor a special Bella Boutique Styling event where they can peruse racks of formalwear to findthe prom attire of their dreams.' How to access Hawaiʻi's Shangri La Hosted by the YWCA of Oahu, the organization has 125 years of experience serving community organizations in Hawaii. With The Bella Project this year, the styling event is happening this weekend – Friday, 1/31 from 3:30 p.m. – 7 p.m. and Saturday, 2/1 from 9 a.m. – 1:30 p.m. and will be hosted at YWCA Oahu in Downtown Honolulu across from Iolani Palace. At the Bella Boutique, each participating high school student will be paired with a personal stylist who will assist them in browsing through a wide selection of new and very gently used dresses (or pantsuits and tuxedos) and selecting one they love and feel confident in. Download the free KHON2 app for iOS or Android to stay informed on the latest news 'The event is open to all high school students with a valid high school ID. If interested inparticipating, they can sign up on our website at Again, weʻre soappreciative of our community's support to offer programs like the Bella Project for usyouth. Formals, like prom are milestone events for many youth. Providing them withmemories to last a lifetime. However, every year the cost to attend these events Bella Project gives young adults a boost of confidence by giving them the ability toparticipate in these special events without having to worry about the financial burden it maycause their families.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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