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Yahoo
28-05-2025
- Business
- Yahoo
Adyton Resources Announces Filing of Financial Statements and MD&A for the Three Months Ended March 31, 2025
Port Moresby, Papua New Guinea--(Newsfile Corp. - May 28, 2025) - Adyton Resources Corporation (TSXV: ADY) announces that it has filed its financial statements for the three months ended March 31, 2025 and accompanying Management Discussion and Analysis on its SEDAR profile at ON BEHALF OF THE BOARD OF ADYTON RESOURCES CORPORATION Tim Crossley, Chief Executive Officer For further information please contact:Tim Crossley, Chief Executive Officer E‐mail: ir@ +61 7 3854 2389Phone: +1 778-549-6768 Neither the 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 press release. ABOUT ADYTON RESOURCES CORPORATION Adyton Resources Corporation is focused on the development of gold and copper resources in world class mineral jurisdictions. It currently has a portfolio of highly prospective mineral exploration projects in Papua New Guinea on which it is exploring to expand its identified gold Inferred and Indicated Mineral Resources and expand on its recent significant copper drill intercepts on the 100% owned Feni Island project. The Company's mineral exploration projects are located on the Pacific Ring of Fire on easy to access island locations which hosts several globally significant copper and gold deposits including the Lihir gold mine and Panguna copper/gold mine on Bougainville Island, both neighboring projects to the Company's Feni Island project. Adyton has a total Mineral Resource Estimate inventory within its PNG portfolio of projects comprising indicated resources of 173,000 ounces gold and inferred resources of 2,000,000 ounces gold. The Feni Island Project currently has a mineral resource prepared in accordance with NI 43-101 dated October 14, 2021, which has outlined an initial inferred mineral resource of 60.4 million tonnes at an average grade of 0.75 g/t Au, for contained gold of 1,460,000 ounces, assuming a cut-off grade of 0.5 g/t Au. See the NI 43-101 technical report entitled "NI 43-101 Technical Report on the Feni Gold-Copper Property, New Ireland Province, Papua New Guinea prepared for Adyton Resources by Mark Berry (MAIG), Simon Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant and "qualified person" as defined in NI 43-101,available under Adyton's profile on SEDAR+ at Mineral resources are not mineral reserves and have not demonstrated economic viability. The Fergusson Island Project currently has a mineral resource prepared in accordance with NI 43-101 dated October 14, 2021 which outlined an indicated mineral resource of 4.0 million tonnes at an average grade of 1.33 g/t Au for contained gold of 173,000 ounces and an inferred mineral resource of 16.3 million tonnes at an average grade of 1.02 g/t Au for contained gold of 540,000 ounces. See the technical report entitled "NI 43-101 Technical Report on the Fergusson Gold Property, Milne Bay Province, Papua New Guinea" prepared for Adyton Resources by Mark Berry (MAIG), Simon Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant and "qualified person" as defined in NI 43-101,available under the Company's profile on SEDAR+ at Mineral resources are not mineral reserves and have not demonstrated economic viability. Adyton is also on the Frankfurt Stock Exchange under the code 701:GR. For more information about Adyton and its projects, visit White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant and "qualified person" as defined in NI 43-101, available under the Company's profile on SEDAR+ at Mineral resources are not mineral reserves and have not demonstrated economic viability. To view an enhanced version of this graphic, please visit: Qualified Person The scientific and technical information contained in this press release has been prepared, reviewed, and approved by Dr Chris Bowden, PhD, GCMEE, FAusIMM(CP), FSEG, the Chief Operating Officer of Adyton, who is a "Qualified Person" as defined by National Instrument 43‐101 ‐ Standards of Disclosure for Mineral Projects. Forward-looking statements This press release includes "forward‐looking statements", including forecasts, estimates, expectations, and objectives for future operations that are subject to several assumptions, risks, and uncertainties, many of which are beyond the control of Adyton. Forward‐looking statements and information can generally be identified by the use of forward‐looking terminology such as "may", "will", "should", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward-looking statements in this news release include plans pertaining to the drill program, the intention to prepare additional technical studies, the timing of the drill program, uses of the recent drone survey data, the timing of updating key findings, the preparation of resource estimates, and the deeper exploration of high-grade gold and copper feeder systems. The forward‐looking information contained herein is provided for the purpose of assisting readers in understanding management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Forward‐looking information are based on management of the parties' reasonable assumptions, estimates, expectations, analyses, and opinions, which are based on such management's experience and perception of trends, current conditions and expected developments, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the projects in a timely manner; the availability of financing on suitable terms for the development; construction and continued operation of the Fergusson Island Project and the Feni Island Project; the ability to effectively complete the drilling program; and Adyton's ability to comply with all applicable regulations and laws, including environmental, health and safety laws. Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect Adyton's management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of managements considered reasonable at the date the statements are made. Although Adyton believes that the expectations reflected in such forward-looking statements are reasonable, such information involves risks and uncertainties, and under reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements expressed or implied by Adyton. Among the key risk factors that could cause actual results to differ materially from those projected in the forward-looking statements are the following: impacts arising from the global disruption, changes in general macroeconomic conditions; reliance on key personnel; reliance on Zenex Drilling; changes in securities markets; changes in the price of gold or certain other commodities; change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave‐ins and flooding); discrepancies between actual and estimated metallurgical recoveries; inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of and changes in the costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward‐looking statements. Such forward‐looking information represents management's best judgment based on information currently available. No forward‐looking statement can be guaranteed, and actual future results may vary materially. Readers are cautioned not to place undue reliance on forward looking statements or information. Adyton Resources Corporation undertakes no obligation to update forward‐looking information except as required by applicable law. To view the source version of this press release, please visit
Yahoo
12-05-2025
- General
- Yahoo
Timber company announces game-changing initiative that will have big impact on wildlife: 'We are great believers in the value of working forests'
In a major environmental win, conservation groups and the timber company Wagner Forest Management have unveiled a groundbreaking initiative to protect 78,000 acres surrounding the Rangeley Lakes in Maine. Mark Berry, forest conservation manager for The Nature Conservancy, hailed the project as "significant at the scale of the entire Appalachian corridor." By permanently preserving this stretch of land, the effort strengthens regional biodiversity while contributing to the Appalachian wilderness. The newly announced project focuses on the Magalloway River watershed, a cold stronghold for trout. It aims to secure a spawning ground for trout while broadening a migration corridor for wildlife. The initiative also intends to restrict future woodland developments. Historically, the logging industry heavily shaped the rivers in this region. In the past, loggers straightened winding rivers to move timber more easily. Loggers trucked timber from the forest and sent the harvest logs downstream. Over time, these timber practices altered natural ecosystems through extensive roadworks and culvert barriers. This region plays a vital role in maintaining the health of the larger Appalachian corridor, a critical migration route that allows animals to move, adapt, and thrive. Protecting the area also safeguards water flow for spawning trout. While protecting the environment is its primary goal, the project also embraces the concept of sustainable working forests, balancing conservation with economic needs. "We are great believers in the value of working forests, which support the regional forest economy and rural communities, as well as water quality, wildlife habitat diversity, recreational opportunities, and climate benefits," Wagner president Dan Hudnut wrote in an email. The impact of this project will ripple beyond the rivers and forests it protects. By preserving the river system, reducing the future impact of logging, and creating a haven for animals of all kinds, the conservation effort directly benefits nearby communities and future generations. Healthy forests benefit animals, fish, and other woodland critters and offer people a place to connect with nature, all while supporting sustainable industries like recreation and forestry. This collaboration is an inspiring example of what's possible when companies and conservationist groups work together instead of against each other. "There's a lot of conservation synergy," Berry said. Do you think America does a good job of protecting its natural beauty? Definitely Only in some areas No way I'm not sure Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
Yahoo
05-05-2025
- General
- Yahoo
Hundreds protest razing trees on Sacramento's American River. ‘This affects all'
An orchestra performed by birds, rippling water and swaying trees alongside the American River Parkway was accompanied Sunday by hundreds chanting to protest a plan ripping up vegetation for erosion protection measures. 'The river is my family,' said Rylen Wiseman, 6, who marched alongside his mother from Larchmont Park to just under the Watt Avenue Bridge. Another group walked from Kadema Drive River Access point also to the Watt Avenue Bridge. Organizations such as the American River Trees, Save the American River Association and others have been raising alarm for months following the U.S. Army Corps of Engineers' proposed plan to remove at least 500 trees and fortify riverbanks for a possible levee failure. These community-based groups contend more targeted measures can be pursued rather than destroying trees — some of which the groups said are hundreds of years old — and cutting off access to the river as construction commences. Mark Berry, an attorney who is with the Save the American River Association, said there is not clear understanding of what trees could be removed. Sunday's civic action took place as the U.S. Army Corps of Engineers is scheduled to release a final environmental impact review by late spring. 'We do not take lightly the removal of trees, and always work to ensure that we are taking only vegetation that would prevent us from safely building the project,' the U.S. Army Corps of Engineers has said previously in a statement. Sylvia Pritchett, who chose to live near the American River Parkway for access to water, meanders through the area about three times a day while she works from home. She said her thoughts scatter as she surrounds herself with animals and trees. Her muscles relax and a smile inches across her face while surrounded by nature, she said. 'The river is my therapy,' said Pritchett, 62. 'It takes your mind away,' she added. She was among hundreds who marched along the sunny river, attracting the attention of parkgoers and homeowners lining the area. They chanted 'There is a better way' and 'Trees protect us, slow the flow.' Organizers said residents' access to the river could be cut off for about two years. Charlotte Ponder, 18, said she began visiting the parkway to clean her grandfather's memorial bench. Erosion control is important, but she said she disagrees with the prospect of razing trees. She thinks about her younger sister, who will not get to attend science classes put on by Jesuit or Rio Americana high schools in the parkway. 'This affects all of us,' said Ponder, who will be attending UC Berkeley in the fall and majoring in ecosystem management. For Wiseman, the river represents peace and silence. He goes almost everyday to the river, and rides his bike or plays tennis or soccer at nearby Larchmont Park. 'It cut my heart into four pieces,' the 6-year-old said of hearing the plan to stem river access.
Yahoo
23-03-2025
- General
- Yahoo
Groton plan recommends bicycle, pedestrian improvements
Groton — A long-term bicycle and pedestrian plan is recommending about $42 million in phased improvements for bicycle facilities and sidewalks to help make the community safer for cyclists and pedestrians and better connect areas of the town. Town Manager John Burt said the plan will serve as a guiding document for solicitation of grant funding. The town will also consult the plan when reviewing sidewalk and road work to determine where best to enhance the walkability and bikeability of the area. Parks and Recreation Director Mark Berry told the Town Council during a presentation March 11 that an impetus for updating the town's 2005 bicycle and pedestrian plan was the town's 2022 recreational needs assessment. Residents identified improved community connectivity as one of the highest needs. Rory Jacobson, a community planner with FHI Studio, now IMEG, the consultant, said the purpose of the plan, called the Groton Complete Streets and Trails Plan, is to identify infrastructure the town can install to improve walking and biking throughout town for a variety of users. The plan also includes recommendations to improve connections to parks, open spaces and recreational areas. Groton has a Complete Streets Policy, and the town's Complete Streets Advisory Committee assisted with the development of the plan. Community comments According to the plan, community members said during the community outreach process that they hope the town will improve handicap accessibility, safety along roads, signage to raise awareness of bicyclists, trail wayfinding signs, and connections to trails. Residents also said they want the town to fill gaps in Groton's bicycle and pedestrian network, add facilities along east-west routes to accommodate commuters, encourage bicycling at schools, better maintain road shoulders and sidewalks, create designated facilities for bicyclists, educate drivers about types of bicycle facilities, and improve pedestrian safety. Nicole Detora, a planner with the consulting firm, said the town has few on-road bicycle facilities and multi-use pathways, but a good number of trails that accommodate hikers and mountain bikers. Groton has a fairly extensive sidewalk network, but there are gaps, including some significant ones. Detora said areas along Route 1 lack sidewalks on both sides or one side of the road, while other routes, such as 184 and 117, lack a sidewalk network altogether. She said 2019-23 crash data shows that the western side of town, specifically around Route 12 and the western part of Route 1, have higher crash concentrations. There also are some hot spots in places such as Mystic and along Route 184. She said if there are sidewalk gaps in these areas, it will sometimes force pedestrians onto the roads, so there is a safety concern. Recommendations Francisco Gomes, comprehensive planning manager with the consultant, said the emphasis of the recommendations are for roads and corridors that provide connectivity across town. The recommendations are for a range of facility types, including bike lanes, buffered bike lanes, side paths, multi-use paths, shared roadways and sidewalks. The recommendation for a four-phase comprehensive bicycle facility network would cost $29.4 million. The total cost of sidewalk improvement is estimated to be $12.5 million. Gomes said the recommendation is for that to be done three phases, with the first $3.1 million phase to focus on the Route 1 sidewalk network. The plan includes five concept plans for improvements to corridors: Routes 12 and 1 from Toll Gate Road to Buddington Road; Route 1 from Buddington Road to Noank Ledyard Road; Route 1 from Noank Ledyard Road to the Stonington town line; Route 117 from Route 1 to the Ledyard town line; and Route 215 from South Elm Street to Route 1. The concepts include the planning work the town could use in future grant applications. The study also has concepts for Complete Streets demonstration projects for Bindloss and Depot roads. The plan includes a list of potential grants funding sources the town could apply for. Gomes said a next step is to reach out to the state Department of Transportation. Town Councilors spoke about the importance of accessibility and safety. They discussed the plan, with some expressing surprise over the high cost for improvements, but also said the town could look to make smaller improvements as it does projects, such as repaving. A recommendation to adopt the plan as the guiding document to improve connectivity in Groton is slated to be on the agenda of the Town Council's April 22 Committee of the Whole meeting.
Yahoo
21-02-2025
- Yahoo
Man suspected of 17 burglaries at local businesses has been arrested in Pierce County
Police arrested a 36-year-old man Thursday who they suspect of burglarizing businesses in Bonney Lake and Sumner. Officers are investigating 17 commercial burglaries or attempted burglaries tied to the suspect in the past seven months, Bonney Lake Police Chief Mark Berry said Friday. 'Those are the ones that we are aware of,' Berry told The News Tribune. Pierce County prosecutors charged him with unlawful gun possession, four counts of second-degree burglary and three counts of attempted second-degree burglary Friday. He was expected to be arraigned that afternoon. Court records did not list an attorney for him. Two of those burglaries and one of the attempted burglaries were in Sumner, Berry said. Two of the burglaries and two of the attempted burglaries were in Bonney Lake. He said the suspect generally targeted restaurants, nail salons and tanning salons, as well as other small, local businesses. Charging papers accuse the man of taking cash and various merchandise from the businesses. The 36-year-old has prior convictions in Pierce County Superior Court for identity theft and possession of stolen property in 2012, for burglarizing a local restaurant where he used to work in 2015, and for burglarizing another restaurant in 2019, court records show. Police searched the suspect's house after serving a search warrant on Feb. 20, the Bonney Lake Police Department said in a Facebook post. They arrested him 'without incident' and booked him into Pierce County Jail. 'We recovered evidence he used in the crimes, items taken from the businesses and a stolen handgun,' Berry said.
