US Gold Corp (NASDAQ:USAU) – $1.4B NPV at Spot, Fully Permitted, Major Upside
U.S. Gold Corp. released a definitive feasibility study for its CK Gold project in Wyoming, showing an after‑tax NPV of $635 million and a 27% IRR at a $3,250/oz gold price. At current spot prices near $4,500/oz, the NPV jumps to $1.4 billion with a 50% IRR, highlighting strong leverage to gold markets. The 11‑year open‑pit mine is fully permitted, requires about $400 million in capex and is expected to be financed up to 80% with debt. Additional upside comes from tailings recovery and monetizing waste rock.
HARFANG PROVIDES WINTER EXPLORATION UPDATE
Harfang Exploration Inc. released a winter update covering its four wholly‑owned projects in Québec and Ontario. The company completed a maiden 1,300‑metre diamond drill program at the Mista Cu‑Au‑Ag target on the Serpent property, with assay results expected in May....
Phenom Reports on MK Plus Progress to Commercialization, the Solid-State Vanadium Battery Company
Phenom Resources announced that its 5%‑owned partner MK Plus is moving toward commercial rollout of vanadium solid‑state batteries. The Japanese firm has secured a manufacturing facility in Sweden and received an EU Certificate of Availability plus a 2.5 GWh order from...
AGNICO EAGLE TO ACQUIRE AURION RESOURCES IN ALL-CASH TRANSACTION FOR APPROXIMATELY C$481 MILLION
Agnico Eagle Mines Ltd. announced an all‑cash acquisition of Aurion Resources Ltd. for roughly C$481 million (about $355 million USD), offering C$2.60 ($1.92) per Aurion share. The deal represents a 46% premium to Aurion’s April 17 closing price and expands Agnico’s footprint in...
Digi Power X Signs First AI Revenue Contract - $19.6 Million, 24-Month SubQ AI Agreement, Validating Operational Launch of AI...
Digi Power X Inc. announced a 24‑month bare‑metal GPU rental deal with SubQ AI worth roughly $19.6 million, effective May 15, 2026. The contract secures exclusive access to the latest NVIDIA Blackwell GPUs on the company’s NeoCloudz platform and includes a $2.95 million upfront...
Phenom Engages Energold for Dobbin Drilling
Phenom Resources announced a drilling contract with Energold Drilling USA for its Dobbin project in Nevada. The agreement covers up to 14 core holes, totaling 5,120 metres, pending final Forest Service permit approval. Phenom has identified a 2.1‑km gold‑in‑soils anomaly with...
Digi Power X Reports Fiscal Year 2025 Financial Results
Digi Power X reported FY2025 results, emphasizing a strategic pivot from cryptocurrency mining to AI infrastructure. The company closed the year with zero debt, $78.5 million in cash and total liquid assets of $93 million, while shareholders’ equity surged 453% to $123.3 million....
VivoPower Receives Nasdaq Approval of Ticker “TEMB” For Planned Tembo Listing at a Targeted Valuation of $838 Million
VivoPower PLC announced Nasdaq’s approval of the “TEMB” ticker for the forthcoming Tembo Group N.V., the entity to be created through its merger with Cactus Acquisition Corp. I. The deal values Tembo at an indicative pre‑money equity of about $838 million,...
BluEnergies Secures Top Bid in Gulf of America Lease Sale, Engages Independent Houston Firm for Reserve Evaluation
BluEnergies Ltd. won the top bid for the 5,000‑acre SS‑59 lease in the Gulf of America’s shallow federal waters, securing a 100 % working interest for a five‑year term. The block sits within the Crown Royal prospect, where a 1987 Texaco...