Latest news with #KenKonkin
Yahoo
4 days ago
- Business
- Yahoo
Goldstorm Metals Announces $1.0 Million Private Placement Financing with Participation by Eric Sprott
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) ("Goldstorm" or the "Company") is pleased to announce a non-brokered private placement offering of units of the Company (each, a "Unit") at a price of $0.07 per Unit for aggregate gross proceeds of up to $1,000,000 (the "Offering"). Each Unit will be comprised of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of $0.10 for a period of 24 months from the closing date of the Offering, provided that if the closing price of the Common Shares on any Canadian stock exchange on which the Common Shares are then listed is at a price equal to or greater than $0.20 for a period of ten (10) consecutive trading days, the Company will have the right to accelerate the expiry date of the Warrants. The net proceeds received from the Offering will be used for exploration activities, working capital and general corporate purposes. In connection with the Offering, the Company may pay certain finders a fee comprised of cash, finder's warrants, or both, based on the proceeds raised from the sale of securities to purchasers introduced to the Company by such finders. All securities to be issued pursuant to the above referenced Offering will be subject to a statutory four-month hold period. The Offering is subject to regulatory approval, including the approval of the TSXV. About Goldstorm Metals Goldstorm Metals Corp. is a precious and base metals exploration company with a large strategic land position in the Golden Triangle of British Columbia, an area that hosts some of the largest and highest-grade gold deposits in the world. Goldstorm's flagship projects Crown and Electrum cover an area that totals approximately 16,469 hectares over 6 concessions, of which 5 are contiguous. The Crown Project is situated directly south of Seabridge Gold's KSM gold-copper deposits and Newmont Corporation's Brucejack/Valley of the Kings gold mine. Electrum, also located in the Golden Triangle of BC, is situated directly between Newmont Corporation's Brucejack Mine, approximately 20 kilometers to the north, and the past producing Silbak Premier mine, 20 kilometers to the south. ON BEHALF OF THE BOARD OF DIRECTORS OF GOLDSTORM METALS CORP. "Ken Konkin" Ken KonkinPresident and Chief Executive Officer For further information, please visit the Company's website at contact: Chris CurranVP of Investor Relations and Corporate DevelopmentPhone: (604) 559 8092E-Mail: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statement Regarding Forward Looking Statements Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. All statements including, without limitation, statements relating to the ability to complete the Offering on the proposed terms or at all, anticipated use of proceeds from the Offering and receipt of regulatory approvals with respect to the Offering as well as any other future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including that the Company will be able to complete the Offering on the terms as anticipated by management, that the Company will use the proceeds of the Offering as anticipated, and that the Company will receive regulatory approval with respect to the Offering. Important factors that could cause actual results to differ materially from the Company's plans or expectations including that Company will not be able to complete the Offering on the terms as anticipated by management or at all, that the Company will not use the proceeds of the Offering as anticipated, that the Company will not receive regulatory approval with respect to the Offering and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. There can be no assurance that the forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that is incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
CEO.CA's Inside the Boardroom: Tudor Gets Corporate Muscle, Goldstorm Gets Aggressive Exploration Focus
Toronto, Ontario--(Newsfile Corp. - June 4, 2025) - (" the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers. Founded in 2012, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies. As a media partner at investor events around the world, provides coverage of the companies shaping the future of mining, meeting with industry leaders to learn more about their vision and strategy. Meet the Executives Shaping the Mining Landscape We caught up with Ken Konkin, President and CEO of Goldstorm Metals Corporation (TSXV: GSTM) and Senior Vice President of Exploration for Tudor Gold Corp. (TSXV: TUD) to discuss his strategic transition from Tudor CEO to bring in corporate leadership while focusing his energy on full-time exploration at Goldstorm, and why he believes this creates major opportunities for both companies as "the band gets back together" with his former Bruce Jack discovery team. Goldstorm Metals (TSXV: GSTM) Cannot view this video? Visit: Tune into 'Inside the Boardroom' each week and be part of the conversation that's shaping the business landscape. Visit or our YouTube page for hundreds more executive interviews from here. Interested in showcasing your company on 'Inside the Boardroom'? Get in touch with our team at sales@ for further details and opportunities. About The leading community for investors & traders in junior resource & venture stocks. is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at to set up your free account. is a wholly owned subsidiary of EarthLabs, Inc. For further information please contact: hello@ Neither the TSX Venture Exchange ("TSXV"), OTC Best Market "(OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statement The information regarding any issuer contained or referred to in any interviews conducted by has been furnished by such issuer directly, and neither nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
- Yahoo
TUDOR GOLD Appoints Joe Ovsenek as President and CEO and Augments Its Executive Team
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2025) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") is pleased to announce that it has augmented its executive team with the appointment of Joe Ovsenek as President and Chief Executive Officer, Ken McNaughton as Vice President, Project Development and Michelle Romero as Vice President, External Affairs, effective immediately. Grant Bond will assume the role of Chief Financial Officer following the filing of the Company's 2024 audited financial statements. Ken Konkin will remain with the Company and resume his previous role as Senior Vice President of Exploration. Augmented Executive Team The new members of the Company's executive team have been responsible for building teams and leading the growth of public resource companies from discovery through permitting and construction to production. Notably, Joe Ovsenek led the executive team, including Ken Konkin, as they advanced the Brucejack Mine from discovery to commercial production in under eight years while at Pretium Resources. For more background on each of the individuals, we refer you to our web site, Ken Konkin, Senior Vice President of Exploration and Director, commented: "On behalf of the team, I am very pleased to welcome Joe Ovsenek as the new President and CEO of Tudor Gold. Joe is a proven mine builder who recently transitioned from our Advisory Board to the Board of Directors, and now into his new leadership role. I've had the privilege of working with Joe for many years at Silver Standard and Pretium Resources, and I'm confident that his leadership and broad experience across all facets of the mining industry will greatly benefit the Company in its next chapter. I look forward to rejoining the technical team where I believe I can best apply my specific skill set as a base and precious metals explorationist. This move will undoubtably strengthen our team as we continue to advance Treaty Creek toward becoming a multi-generational tier-1 mining asset that benefits our shareholders, local communities and the province of British Columbia." Joe Ovsenek, President, CEO, and Director of Tudor Gold, stated: "We are looking forward to adding our experience to complement the talented and experienced technical team, led by Ken Konkin, advancing the Goldstorm Deposit at Treaty Creek. Treaty Creek stands out as a cornerstone asset with several key strategic advantages—including excellent infrastructure access, a robust and expanding copper, gold, and silver resource base, and strong relationships with First Nations and local communities. These strengths, along with the high-grade potential of the new SC-1 discovery, uniquely position Treaty Creek for long-term success. We are eager to roll up our sleeves and get working on unlocking further value for shareholders and supporting the economic growth of the region." About Tudor Gold TUDOR GOLD CORP. is a precious and base metals exploration and development Company with claims in British Columbia's Golden Triangle (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913 hectare Treaty Creek project (in which TUDOR GOLD has a 60% interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Newmont Corporation's Brucejack property to the southeast. ON BEHALF OF THE BOARD OF DIRECTORS OF TUDOR GOLD CORP. " Joe Ovsenek" Joe Ovsenek President and Chief Executive Officer For further information, please visit the Company's website at or contact: Chris CurranVice President of Investor Relations and Corporate DevelopmentPhone: (604) 559 8092E-Mail: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statements regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-Looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities; the Company's intention to construct an exploration ramp to target the Supercell Cell One Zone for infill and expansion drilling at their flagship Treaty Creek Project; that this initiative will substantially reduce both the cost and time required to drill and define the Supercell One Zone from underground drilling stations compared to conventional surface drilling; that once completed the underground infrastructure will provide long-term benefits to the project; the underground development will be important in the selection of optimum material required for a 10,000-tonne test for a pilot process; that the advantages of driving an exploration development ramp are significant and will bring significant value to the Project; once the underground exploration drift is completed, year-round drilling program of approximately 25,000 meters will focus on the Supercell One Zone and peripheral areas; following ramp construction, Tudor Gold will accelerate its drilling program with the goal of fully unlocking this potential multimillion ounce high-grade gold system; that the Supercell One Zone is on its way to becoming a significant asset within the Goldstorm Deposit; that the exploration drill campaign planned for the Supercell One Zone and the remainder of the Goldstorm Deposit will further enhance this potential; that this initiative will assist in attracting a strategic partnership; and that the Company plans to further explore the Supercell-One system and review other gold-dominant sub-domains. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connation thereof. Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company's planned exploration activities will be completed in a timely manner. The Company's financial condition and development plans do not change as a result of unforeseen events, that future gold prices and the demand and market outlook for gold will remain stable or improve, that the exploration ramp will result in the benefits anticipated; that underground development is important in the selection of optimum material required for a pilot process; that the advantages of driving an exploration development ramp will prove to be significant and will bring significant value to the Project; assumptions regarding the Company's exploration plans; the viability of the Supercell One Zone and the impact of the exploration drill program on the same; and that the Company's initiatives will attract strategic partnership. Material assumptions relating to the indicated mineral resource and inferred mineral resource are contained in the Company's Technical Report filed on SEDAR+ at Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include the risk that the exploration ramp will not result in the benefits anticipated, increased competition, that management's expectations regarding the viability of the Supercell One Zone will prove to be inaccurate, that the Company will not have the resources required to carry out its exploration plans or complete construction of the exploration ramp, risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Market Online
02-05-2025
- Business
- The Market Online
Tudor Gold extends Treaty Creek exploration permit until 2030
Tudor Gold (TSXV:TUD) and joint venture partner Teuton Resources (TSXV:TUO) secured a new exploration permit through May 31, 2030, for the Treaty Creek property in British Columbia's Golden Triangle The property's estimated resource stands at 33.9 million gold-equivalent ounces with ample potential for expansion Tudor Gold is precious and base metals exploration and development company active in British Columbia's Golden Triangle Tudor Gold stock has given back 26.25 per cent year-over-year but remains up by 5.36 per cent since 2020 Tudor Gold (TSXV:TUD) and joint venture partner Teuton Resources (TSXV:TUO) secured a new exploration permit through May 31, 2030, for the Treaty Creek property in British Columbia's Golden Triangle. The permit will allow the companies to continue harvesting exploration upside at the property, including numerous prospective zones of mineralization, with eyes on growing a resource estimated at more than 33.9 million gold-equivalent ounces indicated plus inferred. An upcoming 25,000-metre exploration program will focus on the new Supercell-One gold complex with drilling aimed at expanding known high-grade structures. The company is also working on installing an exploration rap at Supercell-One to enable cost-conscious, year-round underground access to the discovery and potentially the main Goldstorm deposit. Drilling in 2024 at the SC-1 zone confirmed continuous high-grade gold in a setting structurally and geologically analogous to Newmont's Brucejack gold deposit less than 20 kilometres to the south, which produced 286,000 ounces of gold in fiscal 2023. Leadership insights 'We thank the Regional Mines Office in Smithers for renewing our Notice of Work permit for another five years,' Ken Konkin, Tudor Gold's president and chief executive officer, said in a statement. 'We are excited to advance the Treaty Creek project by focusing on the high-grade SC-1 complex, advancing our plans to submit more applications that will transition the Treaty Creek project from a greenfields project to a brownfields project. Our immediate goal is to obtain permits allowing Tudor to fast-track the exploration and expansion of the SC-1 complex from underground. Our proposed exploration ramp is expected to significantly reduce both the cost and time required to drill and define emerging high-grade gold targets by enabling the use of underground drill stations — delivering far greater efficiency than conventional surface drilling. Once completed, the underground infrastructure could provide long-term strategic value, supporting future exploration and potential mining operations within the SC-1 complex and the other Goldstorm domains, in particular the adjacent CS-600 domain. We look forward to sharing a more detailed exploration program for the 2025 season in the near future.' About Tudor Gold Tudor Gold is a precious and base metals exploration and development company active in British Columbia's Golden Triangle, a region known for its producing and past-producing mines and large deposits approaching potential development. The company owns a 60-per-cent interest in the 17,913-hectare Treaty Creek project, including one of the largest gold discoveries in the past 30 years. Tudor Gold stock (TSXV:TUD) is up by 1.72 per cent on the news trading at C$0.59 as of 11:52 am ET. The stock has given back 26.25 per cent year-over-year but remains up by 5.36 per cent since 2020. Join the discussion: Find out what everybody's saying about this gold exploration and development stock on the Tudor Gold Corp. Bullboard and check out Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Yahoo
02-05-2025
- Business
- Yahoo
Tudor Gold secures exploration permits for Treaty Creek property in Canada
Tudor Gold has received five-year exploration permits from the British Columbia (BC) Ministry of Mining and Critical Minerals for its Treaty Creek property in the Golden Triangle of north-western BC, Canada. The permits are valid until 31 May 2030 and will allow the company to progress with its mineral exploration activities, focusing on the high-grade Supercell-One (SC-1) gold complex, discovered through previous drilling campaigns. Tudor Gold plans to conduct geotechnical drilling to support infrastructure planning for a proposed exploration ramp. Currently, the company is applying for the necessary permits to proceed with the underground development. Once operational, the ramp will offer cost-effective, underground access to the SC-1 area throughout the year, facilitating ongoing exploration. It is also expected to serve as a pivotal infrastructure component for the future development of the larger Goldstorm Deposit, a gold-copper porphyry system. The Treaty Creek project is not only home to the Goldstorm Deposit, but also hosts several other mineralised zones, positioning Tudor Gold for extensive exploration opportunities. The 2024 drill results from the SC-1 Zone have demonstrated the continuity and high-grade nature of the gold mineralisation, likened to the geology of Newmont's nearby Brucejack gold deposit. With the underground drift in place, Tudor Gold aims to initiate a focused drilling programme of up to 25,000m to expand and further delineate the SC-1 and adjacent targets. Notably, these SC-1 drill results have not been included in the February 2024 mineral resource estimate, which reported 27.9 million ounces of gold equivalent at an average grade of 1.19 grams per tonne. The Goldstorm Deposit, encompassing the SC-1, remains open in all directions and at depth. Tudor Gold president and CEO Ken Konkin said: 'We are excited to advance the Treaty Creek Project by focusing on the high-grade SC-1 complex, by advancing our plans to submit more applications that will transition the Treaty Creek Project from a 'Greenfields' project to a 'Brownfields' project. Our immediate goal is to obtain permits allowing Tudor to fast-track the exploration and expansion of the SC-1 complex from underground. 'Our proposed exploration ramp is expected to significantly reduce both the cost and time required to drill and define emerging high-grade gold targets by enabling the use of underground drill stations – delivering far greater efficiency than conventional surface drilling. Once completed, the underground infrastructure could provide long-term strategic value, supporting future exploration and potential mining operations within the SC-1 complex and the other Goldstorm domains, in particular the adjacent CS-600 domain.' "Tudor Gold secures exploration permits for Treaty Creek property in Canada" 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
