Latest news with #RampMetals
Yahoo
2 days ago
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Ramp Metals Completes Spring Drill Program and Announces Additional Mineralization at Rush Target
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2025) - Ramp Metals Inc. (TSXV: RAMP) ("Ramp Metals" or the "Company") is pleased to announce that the Company has completed its spring drill program on the Rottenstone SW property. The Company completed 20 drill holes for a total of 4,942 metres. Airborne geophysics using the Xcite HTDEM system, with 100-metre line spacing to provide high-resolution data for target refinement, was also completed over the entire Rottenstone SW property package. Highlights 20 drill holes totalling 4,942 metres were completed, with every metre being sent for assays 8 holes totalling 2,116 metres were drilled at the Ranger target where 73.55 g/t Au over 7.5m was previously discovered in Ranger-001 drill hole 10 holes were drilled at the Rush target with additional VMS style mineralization intersected in 150m step-out 3 holes for a total of 968 metres were drilled at the Rogue target Airborne magnetic and TDEM geophysical survey was completed over the remainder of the Rottenstone SW property using the Xcite HTDEM system "It's exciting to announce that we have completed our spring drill program at the Rottenstone SW property," said Jordan Black, CEO of Ramp Metals. "The program was a huge success completing more holes than originally planned, encountering the quartz diorite package at Ranger and potentially making a new discovery at the Rush target." Figure 1: Rottenstone SW - 2025 Drill Collar Locations To view an enhanced version of this graphic, please visit: Ranger A total of 8 drill holes were completed at the Ranger target (Figure 2). Seven drill holes were completed around the Ranger-001 discovery hole. All 7 holes intersected significant widths of the quartz-diorite package which hosted the previously announced high grade gold intercept of 73.55 g/t Au over 7.5m as reported in the June 17, 2024 News Release. The remaining hole was designed to test a conductor located approximately 1.5km to the north-east, which was identified in the recently completed airborne geophysics (Figure 3). Altered tonalite and metasediments with Pyrrhotite mineralization were encountered. The hole was ended early at 200m due to time constraints. Management believes that further testing is warranted on the eastern Ranger anomalies. Figure 2: Ranger - 2025 Drill Hole Collars and Drill Traces To view an enhanced version of this graphic, please visit: Figure 3: Ranger Drill Collars and Drill Hole Traces with EM To view an enhanced version of this graphic, please visit: Rush A total of 10 holes were drilled at the newly identified Rush VMS target (Figure 4). Semi-massive to massive sulphide mineralization was noted in 5 drill holes, with the presence chalcopyrite and sphalerite being confirmed with a Thermo Scientific™ Niton™ XL5 Plus handheld XRF analyzer. Minor amounts of galena were also noted. Rush-010 intersected net textured to semi-massive sulphide over approximately 4.16m from 21.4m-25.56m (Photo 1). Disseminated to blebby sulphides were also intersected to a depth of approximately 47m (Photo 2). This intersection represents a 150m step-out to the north-east from the initial discovery area where Rush 001, 002, 003, and 009 were drilled. Rush-010 was designed to intercept the outcrop found during the October 2024 field program at depth. Surface rock samples at this outcrop returned values of up to 1.61% copper, 0.79 g/t gold, and 113 g/t silver, as was previously reported in the January 20, 2025 News Release. Figure 4: Rush - 2025 Drill Collars and Drill Hole Traces To view an enhanced version of this graphic, please visit: Photo 1: Rush-010 Boxes 5 & 6 - Net textured to semi-massive mineralization from 21.4-25.56m To view an enhanced version of this graphic, please visit: Photo 2: Rush-010 Boxes 9 & 10 - Disseminated to blebby chalcopyrite mineralization throughout To view an enhanced version of this graphic, please visit: Rogue A total of 3 holes were drilled at the Rogue target (Figure 5). These holes were designed to test structural and conductive targets in an area where soil samples of up to 530.7ppb Au were previously reported in the January 20, 2025 News Release. Pyrrhotite and pyrite mineralization was encountered in two of the three holes (Rogue 005 & 006). Rogue 005 & 006 also encountered sections of potassic and hematite altered diorite and fractures (Photos 3 & 4). During the program, drilling at Rogue was limited due to the overall total number of holes covered by the most recent permit package. The Company believes that the Rogue target warrants further exploration to explain the source of the highly anomalous gold in soils. Figure 5: Rogue - 2025 Drill Collar Locations and Drill Hole Traces To view an enhanced version of this graphic, please visit: Photo 3: Rogue-005 Boxes 25 & 26 - Potassic alteration of diorite and hematite altered fractures To view an enhanced version of this graphic, please visit: Photo 4: Rogue-006 Boxes 61 & 62 - Coarse-grained diorite with potassic alteration To view an enhanced version of this graphic, please visit: Geophysics The Company has completed a magnetic and TDEM survey over the remainder of the Rottenstone SW property using the Xcite HTDEM system. A total of 3,342 line-km was flown at 100m spacing to provide a high-resolution Mag and EM dataset over the entire property. Data is currently being processed, and the Company will provide a further update once the data processing is completed. Next Steps With the present forest fire situation in northern Saskatchewan, the Company felt it prudent to relocate all drill core to a facility in the Prince Albert area to safely complete processing and preparation for assays. The first shipment of samples has been delivered and is being analyzed at Bureau Veritas Commodities Canada Ltd. ("BV") in Vancouver, BC. All remaining core has been fully logged and is currently being cut and sorted for shipping. The Company plans to return to the Rottenstone SW property for further mapping and sampling once the data from the airborne geophysics and drill programs have been analyzed, and the fire risk has subsided. A ground geophysics program is also planned for the summer to help better define the conductive targets on the property. An amendment to the current permits requesting up to 30,000m of additional drilling and a 30-person camp is being prepared and is expected to be submitted shortly. Acknowledgements Ramp Metals would like to thank the Lac La Ronge Indian Band and all land users for their continued support and working closely with the Company through the permitting process. The Company would also like to thank all the contractors who made the 2025 winter/spring drill program a success. Drilling: Flamingo Drilling through Athabasca Catering Limited Partnerships Geology and Geophysics: Axiom Exploration Group Ltd. (Mikaela Miller, Craig Cubbon, Logan Anaka) Accommodations: Thompson's Resort - Adventure Destinations Flight Services: Heli-Recon Aerial Support Services Inc. and Osprey Wings Ltd. Fuel Services: Millsap Fuel Distributors Ltd. Local Contractors: Cecil Mcleod, Alex Mcleod, Bradley McKenzie, Ethan Ballantyne, Joey McKenzie, Chris Roberts, Joe Stanley, Jimmy McKenzie, Riley Provencher Quality Assurance/Quality Control Uncut whole NQ drill core was analyzed by a Thermo Scientific™ Niton™ XL5 Plus handheld XRF, operated by Ramp Metals staff on site. The Portable X-Ray Fluorescence ("pXRF") data is exploratory in nature and is used predominantly as an internal workflow to assist in target prioritization and mineral identification through an early phase of exploration investigation. pXRF data is not provided as it is not an indicator of representative geochemistry of the entire rock mass and therefore should only be viewed as an initial screening prior to laboratory assays. Drill core is currently being sampled and cut by diamond saw. Samples will be shipped as they are processed for laboratory analysis at BV, an internationally recognized and ISO 17025:2017 accredited analytical services provider, at its Vancouver, BC laboratory. Drill core samples are marked in maximum intervals of up to 1.5m and cut in half using a diamond saw with half sent for assay and the other half saved for reference. Samples are then bagged and zip-tied, with 15 bagged samples placed into sealed rice bags and then 20 rice bags placed in mega bags for transport to BV. Sample QA/QC procedures were applied by inserting a regular and systematic schedule of standards, blanks and duplicates into the sample stream. Control samples consisting of certified reference samples and blank samples were systematically inserted into the sample stream and analyzed as part of the Company's QA/QC protocol at a rate of 1:15 or better in addition to BV's internal quality assurance programs. Rock samples are prepared using the PRP70-250 package, where samples are weighed, dried, and crushed to greater than 70% passing a 2mm sieve, then pulverized to greater than 85% passing 75 microns. Samples are analyzed in accordance with BV's MA300 and FA330 packages, for both multi-element ICP analysis (0.25 g, multi-acid and ICP-ES analysis) and gold analysis by fire assay (30g fire assay with AAS finish). Gold returning >10ppm is automatically analyzed by gravimetric method in accordance with BV's standard of practice. Qualified Person Brett Williams, VP Operations and Senior Geologist for Ramp Metals, and a "qualified person" under National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the technical content in this news release. About Ramp Metals Inc. Ramp Metals is a grassroots exploration company with a focus on a potential new Saskatchewan gold district. The Company currently has a new high-grade gold discovery of 73.55 g/t Au over 7.5m at its flagship Rottenstone SW property. The Rottenstone SW property comprises 32,715 hectares and is situated in the Rottenstone Domain. 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. FORWARD-LOOKING STATEMENTS This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding the Company's exploration activities. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: requirements for additional capital; future prices of minerals; changes in general economic conditions; changes in the financial markets and in the demand and market price for commodities; other risks of the mining industry; the inability to obtain any necessary governmental and regulatory approvals; changes in laws, regulations and policies affecting mining operations; hedging practices; and currency fluctuations. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. For further information, please contact: Ramp Metals Inc. Jordan BlackChief Executive Officerjordaneblack@ Prit SinghDirector905 510 7636 To view the source version of this press release, please visit
Yahoo
27-05-2025
- Business
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ALEJANDRO EMILIANO GUBBINS COX ANNOUNCES ACQUISITION OF ADDITIONAL SHARES OF RAMP METALS INC.
TORONTO, May 26, 2025 /CNW/ - Alejandro Emiliano Gubbins Cox (the "Acquiror"), reports pursuant to the "Early Warning Requirements" of Ontario's securities laws that he purchased 1,481,482 common shares ("Ramp Shares") in the capital of Ramp Metals Inc. ("Ramp") on May 23, 2025 pursuant to a private placement offering of Ramp, with the result that the Acquiror owns 5,600,000 Ramp Shares representing approximately 12.58% of the total outstanding Ramp Shares. The 1,481,482 Ramp Shares were purchased at price of 1.35 per Ramp Share, for aggregate consideration of $2,000,000.70. The acquisition of the Ramp Shares by the Acquiror was undertaken for investment purposes. The Acquiror does not have any current plans or future intentions to buy or sell further Ramp Shares, to solicit proxies or to otherwise participate in any significant transaction involving Ramp. The Acquiror intends to review its investment on a continuing basis. Depending on various factors, the Acquiror may in the future purchase or sell securities or engage in other activities relating to Ramp. The Acquiror is located at Jr. Contralmirante Montero, No. 429 (Ex. Alberto del Campo No. 429 11th Floor) Magdalena del Mar, Lima 15076. The Acquiror will be filing an Early Warning Report under Ramp's profile on SEDAR+ and copies of the report may be obtained at or from the Acquiror by contacting the Acquiror at +51 1 6101200. SOURCE Alejandro Emiliano Gubbins Cox View original content: 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
21-05-2025
- Business
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ARYA RESOURCES LTD. (RBZ) Arya Expands Exploration Portfolio With 38,926-Acre Strategic Gold Claims Acquisition Adjacent to Ramp Gold Discovery in Saskatchewan, Canada
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2025) - Arya Resources Ltd. (TSXV: RBZ) ("Arya" or the "Company") is pleased to announce that it has entered into a legally binding Letter of Intent (LOI) to acquire a 100% interest in a highly prospective claim block directly adjacent to the northeast of Ramp Metals' property in the Rottenstone Domain, Northern Saskatchewan, Canada. Transaction Highlights: Strategic Land Position: The acquisition includes 38,926 acres (15,753 hectares) strategically located to capture the up-dip projection of the geological unit that hosts Ramp Metals' 2024 gold discovery. First-Mover Advantage: The claims are the first ground staked immediately contiguous to Ramp Metals following their announcement in June 2024—nearly 800,000 hectares have since been staked in what has become the province's largest staking rush in recent history (See Claim Map). Highly Prospective Geology: The Ramp East Claims encompass a large portion of the gold-bearing Quartz-Diorite unit—the same host rock where Ramp Metals made its discovery. This unit remains significantly underexplored, presenting a compelling opportunity for discovery-driven value creation. Untapped Structural Target: The claims also include a major NE-SW trending deep-rooted structure—the Howard Lake Shear Zone—which has seen little to no historical gold exploration and may represent a high-potential structural corridor. A New Frontier for Gold in the Rottenstone Domain While early staking in the area focused on Paleoproterozoic ultramafic rocks targeting massive sulphides, it was ultimately the Quartz Diorite intrusive body that hosted gold mineralization at Ramp, according to Ramp Metals' Q3 2024 Presentation; there is strong evidence to suggest that this same unit may daylight within Arya's newly optioned Ramp East claim block. This acquisition expands Arya's regional exploration footprint and complements the Company's Wedge Lake Gold Project, about 60 kilometers away, located in the prolific La Ronge Gold Belt—a belt historically known for multiple past-producing and active gold mines. The Company plans to drill the Wedge Lake soon. Arya is now positioned to test whether the Rottenstone Domain, long considered a base-metal district, can mirror the gold-rich nature of the La Ronge Belt to the west. Transaction Terms Arya will earn a 100% interest in the property by: Paying $100,000 in cash over a 24-month period Issuing 1.5 million shares over a 24-month period Granting a 2.0% Net Smelter Return (NSR) royalty, of which 1.5% is purchasable at any time for $1.5 million Claim Map To view an enhanced version of this graphic, please visit: Kevin Wells, a Qualified Person (QP) as per NI43-101 3.1, has approved the technical and scientific content of this release. Disclaimer: The technical and scientific information disclosed from neighboring properties does not necessarily apply to the current project or property being disclosed. About the Company Arya Resources Ltd (TSXV: RBZ) is a tier-2 listed mining and mineral exploration Company. The Company is focused on acquiring, exploring and development of precious metals and energy metals including Gold, Silver, Copper, Nickel and Cobalt in stable jurisdictions. On behalf of the Board of Directors: Rasool Mohammad, CEOEmail: rasool@ (604) 868-7737https:// Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. This news release includes "forward-looking statements" that are subject to assumptions, risks and uncertainties. Statements in this news release which are not purely historical are forward-looking statements, including without limitation any statements concerning the Company's intentions, plans, estimates, expectations or beliefs. Although the Company believes that any forward-looking statements in this news release are reasonable, there can be no assurance that any such forward-looking statements will prove to be accurate. The Company cautions readers that all forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are based on assumptions, none of which can be assured, and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward-looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements. Any forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual events or results could or do differ from those projected in the forward-looking statements. Except as required by law, the Company assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. 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
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RETRANSMISSION: Inspiration Energy Applies For Drill Permit at Rottenstone North Gold Project
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2025) - Inspiration Energy Corp. (CSE: ISP) (WKN: A40GPX) (OTC Pink: ISPNF) ("Inspiration" or the "Company") is pleased to announce that it has submitted a drill permit application to the Saskatchewan Ministry of Environment for its 100% owned Rottenstone North Gold Project (the "Project"), located in Northern Saskatchewan, Canada, approximately 115 kilometers North of La Ronge, Saskatchewan. The Project consists of 1 mineral claim covering approximately 4,512 hectares. Inspiration's Project is directly northwest and borders Ramp Metals Inc.'s (TSX-V: RAMP) Rottenstone SW gold project (Figure 1) which reported multiple gold zones from discovery hole Ranger-01 that included 73.55 g/t Au and 19.50 g/t Ag over 7.5 metres from 227 m, including 182 g/t Au and 60.8 g/t Ag over 1.5 m from 230.0 metres (Ramp Metals news release dated June 17, 2024). In December 2024, Ramp Metals Inc. also announced very encouraging news, stating they had discovered new target zones on their discovery. One of these new zones, the Rush target, is directly bordering Inspiration's Project. Inspiration management cautions that past results or discoveries on properties in proximity to Inspiration may not necessarily be indicative of the presence of similar mineralization on the Company's properties. The Project is located within the Rottenstone Domain, a regional northeast-southwest geological corridor, that includes the past producing Rottenstone nickel-copper-platinum group elements-gold mine (Ni-Cu-PGE-Au), which from 1965-1968 produced some 26,057 tonnes of high-grade grading 3.28% Ni, 1.83% Cu and 9.63 g/t Pt+Pd+Au (Saskatchewan Mineral Deposits Index #09587). "This is a significant step for Inspiration and a signal of renewed focus on the growth of the Company," stated Charles Desjardins, CEO of Inspiration. "New targets uncovered by Ramp Metals right up against our Project potentially bode well for our upcoming drill programs, upon approval of our drill permit applications. This Gold Project is at the right address in Saskatchewan, which is one of the most business and mining friendly regions in the world. We look forward to getting drill equipment and boots on the ground, especially in light of this new discovery right at our border. Now that we have closed two financings, the Company is going to embark on work and marketing programs starting this month. These are very exciting times for Inspiration." Rottenstone North Gold Project Figure 1. Location of Inspiration's Rottenstone North Gold Project relative to Ramp Metals Inc.'s discovery drill hole (Ranger-01) and the historical Rottenstone Ni-Cu-PGE-Au Mine, Saskatchewan. To view an enhanced version of this graphic, please visit: National Instrument 43-101 disclosure Dr. Scott Jobin-Bevans, (#0183), and Independent Advisor to the Company, is a Qualified Person as defined by NI 43-101, Standards of Disclosure for Mineral Projects. Dr. Jobin-Bevans has reviewed and approved the technical content in this news release. References Certain contents of this release were obtained from the on-line mineral assessment file system in Saskatchewan, which provides access to non-confidential mineral assessment files, allowing users to search and explore valuable information related to mineral exploration and mining. About Inspiration Energy Corp. Inspiration Energy Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop properties of merit and to conduct exploration on the Company's properties. For more information, please refer to the Company's information available on SEDAR+ ( On Behalf of the Board of Directors Charles Desjardins CEO, President and Director Phone: 604-808-3156 Email: info@ Neither the Canadian Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release. FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR+ in Canada (available at 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
Three gold miners with asymmetric upside
If there's any time to invest in mining stocks, it's when target commodities are trading at all-time-highs, putting gold miners front-and-centre for anyone with an empty spot in their portfolio. The ideal candidate would offer exposure to established resources and/or reserves, a leadership team qualified to monetize them and a stock price indicating that the market has yet to acknowledge gold's long-term potential and the company's strong case for capitalizing on it. In the newest edition of Stockhouse's Weekly Market Movers, I'll introduce you to three gold miners that should be worth well more than they're trading for based on what their underlying companies look like today. First in our trio of gold miners is Ramp Metals, market capitalization C$51.55 million, which focuses its efforts on a new gold district in Saskatchewan. The company recently made a discovery of 73.55 grams per ton (g/t) of gold over 7.5 metres, including multiple gold zones, at its 32,715-hectare Rottenstone SW property. The discovery, about 42 kilometres southwest from the past-producing Rottenstone nickel, copper and platinum group elements mine, features three main targets, all of which are being tested in ongoing drilling backed by outctop samples, soil samples and numerous anomalies. With a hefty 47 per cent insider ownership, a management team composed of three geologists, and support from high-profile investors such as EarthLabs and Eric Sprott, Ramp is moving full-steam ahead with mineral delineation, looking to continue its consistent discovery track record since listing in March 2024. Investors have taken kindly to these discoveries, growing Ramp Metals stock (TSXV:RAMP) by 574.32 per cent since inception, with tens of thousands of hectares of prospective land still to be explored. Shares last traded at C$1.28. Cartier Resources Our second noteworthy gold miner, Cartier Resources, market capitalization C$38.28 million, is active in Val-d'Or, Quebec, where its flagship Cadillac project boasts resources estimated at 720,000 ounces indicated and 1,633,000 ounces inferred, representing over US$7.5 billion in gold in the ground. Cadillac's 2023 preliminary economic assessment details a post-tax net present value (NPV) (5 per cent) of C$388 million and annual production of 116,900 ounces over 9.7 years at a gold price of US$1,750 per ounce. The price at the time of writing on May 1st, for your reference, is a significantly larger US$3,222.64 per ounce. Cadillac yielded 10 new gold zones discovered during the 2024 drilling campaign, making management confident in delivering further resource growth in 2025. Cartier also offers investors exposure to three earlier-stage properties – Wilson, Fenton and Benoist – that contain 17 prospective gold zones between them backed by extensive past exploration. The portfolio's considerable upside is de-risked by a long-tenured leadership team with a diverse background in exploration, operations and financing, in addition to: A 27.2 per cent investment from major producer Agnico Eagle, a 2.9 per cent position by Caisse de dépôt et placement du Québec, as well as 4.8 per cent institutional ownership. C$11.2 million in cash as of April 2025. Continued geopolitical tension spurred on by US President Trump's headstrong, unpredictable approach to governance, fostering gold's role as a safe-haven asset. Down by 34.38 per cent since 2020 and flat since 2015, Cartier Resources stock (TSXV:ECR) allows you to own a piece of the gold miner's multi-million-ounce resource, as well as numerous exploration vectors to the upside, with no market recognition priced in. Shares last traded at C$0.10. Philippe Cloutier, Cartier Resources' director, president and chief executive officer, spoke with Stockhouse's Lyndsay Malchuk about a newly closed financing and upcoming drilling. Watch the interview here. Goldquest Mining Goldquest Mining, market capitalization C$168.62 million, is a gold miner active in the Dominican Republic, a country marked by political stability and long-term support of the mining industry. The company's flagship Romero project houses over 1.1 million gold equivalent ounces in reserves and over 2.5 million ounces indicated plus inferred, representing over US$11.5 billion worth of gold in the ground. Work is ongoing towards a bankable feasibility study in 2026, following an NPV US$202 million pre-feasibility study in 2016, with initial production expected by Q4 2027, guided by a management team with vast experience in the Dominican mining industry and as top executives under major miners like Barrick and Glencore. An ongoing, fully-funded 5,000-metre drilling program across the broader Tireo project, which includes Romero, will focus on five targets across a 50-kilometre trend, with 15 more (slide 15) remaining to be further proven out by the drill bit. Luis Santana, Goldquest Mining's CEO, joined Lyndsay Malchuk to chat about the program. Watch the interview here. Investors have been catching on to the long-term viability of the company's production runway and war chest of targets, bidding Goldquest stock (TSXV:GQC) up by 175 per cent year-over-year and by 266.67 per cent since 2020. Despite the multi-bagger return, there's likely ample room to run, contingent on strong gold prices, as data-driven exploration, further validation at Romero and eventual revenue generation continue to align the share price with the underlying multi-billion-dollar resource. Thanks for reading! I'll see you next week for a new edition of Stockhouse's Weekly Market Movers. Here's last week's article, in case you missed it. Join the discussion: Find out what everybody's saying about these gold miners with asymmetric upside on the Ramp Metals Inc., Cartier Resources Inc. and Goldquest Mining Corp. Bullboards and check out Stockhouse's stock forums and message boards. This is sponsored content issued on behalf of Ramp Metals Inc., Cartier Resources Inc. and Goldquest Mining Corp., please see full disclaimer here. (Top image: Adobe Stock)
