Dryden Gold

Ethiopia Mining News

AJN Resources Signs Conditional Heads of Agreement on Okote Gold Project in the Adola Gold Belt of the Renowned Arabian-Nubian Shield in Southern Ethiopia
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2025) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ( AJN or the Company ) is pleased to announce that it has signed a conditional heads of agreement ( HOA ) with Godu General Trading S.C. ( Godu ) to acquire up... Read More

Allied Gold Announces First Quarter 2025 Results: Achieving Strong Quarterly Production, Advancing Optimizations And Growth Projects
TORONTO , May 7, 2025 /CNW/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") reports first quarter of 2025 production of 84,040 gold ounces at total cost of sales (4) , cash costs (1) and All-in Sustaining Costs ("AISC") (1) per ounce sold of $1,838 ,... Read More

Sun Peak Metals Identifies Several New VMS Gossans Returning up to 29.2 g/t Gold and 118 g/t Silver and Provides Target Development Update
VANCOUVER, BC / ACCESS Newswire / February 27, 2025 / Sun Peak Metals Corp. (" Sun Peak " or the " Company ") (TSXV:PEAK) (OTCQB:SUNPF) is pleased to announce that several new gold-rich VMS gossans representing new VMS targets, have been identified at the Shire... Read More

Allied Gold Announces 2025 Guidance and Near-Term Outlook
TORONTO , Feb. 20, 2025 /CNW/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") herein provides its 2025 operating guidance and medium-term outlook, including updates to Mineral Reserves and Mineral Resources. Highlights The Company's producing mines are... Read More

Sun Peak Metals to Continue Next Phase of Work on the Shire Copper-Gold VMS Project
VANCOUVER, BC / ACCESSWIRE / December 19, 2024 / Sun Peak Metals Corp. (the " Company " or " Sun Peak ") (TSXV:PEAK) (OTCQB:SUNPF) is pleased to provide an update on its Shire Project in Ethiopia, highlighting recent exploration results and outlining key targets for its 2025 drilling... Read More

Allied Gold Announces $175 Million Streaming Agreement with Wheaton Precious Metals International Securing Financing for Kurmuk Project
TORONTO , Dec. 5, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is pleased to announce that it has entered into final documentation for a streaming transaction (the "Stream Transaction") with Wheaton Precious Metals International Ltd.... Read More

Allied Gold Announces Third Quarter 2024 Results: Implementing Operational Improvements, Securing Key Regulatory Approvals, Advancing Development At Kurmuk And Sadiola, And Strengthening Financial Flexibility...
TORONTO , Nov. 7, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is herein reporting its financial and operational results for the third quarter of 2024. Third quarter production of 85,147 was consistent with the first two quarters of 2024 and... Read More

JuniorMiningNetwork
Elemental Altus Royalties Receives Further Payments from Project Partnerships and Grants Options
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) (" Elemental Altus " or the " Company ") announces the closing of the sale of its Ethiopian exploration assets to Canadian incorporated... Read More

Allied Gold Announces Long-Term Power Purchase Agreement For Kurmuk Gold Project
TORONTO , Aug. 19, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC) ("Allied" or the "Company") is pleased to announce that Kurmuk Gold Mine PLC ("KGM"), its subsidiary that owns the Kurmuk Gold Project in Ethiopia , has entered into a definitive Power Purchase Agreement ("PPA") with... Read More

Allied Gold Announces Second Quarter 2024 Results: Setting The Stage For A Strong Second Half With Critical Investments To Sustain Production And Realize Unparalleled Growth Potential
TORONTO , Aug. 8, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC) ("Allied" or the "Company") is herein reporting its financial and operational results for the second quarter of 2024. During the quarter, the Company produced 88,135 gold ounces ("oz") and sold 84,611 oz at total cost of... Read More

Sun Peak Metals Announces First Assay Results from 2024 Drill Program
VANCOUVER, BC / ACCESSWIRE / July 25, 2024 / As part of its goal in discovering significant Copper-Gold VMS deposits in northern Ethiopia, Sun Peak Metals Corp. (the " Company " or " Sun Peak ") (TSXV:PEAK)(OTCQB:SUNPF) is pleased to report results from the first nine holes of its... Read More

East Africa Metals Partner Tibet Huayu Initiates the Procurement Process for Mining Equipment at the Mato Bula and Da Tambuk Mine Development Projects, Tigray Regional State, Ethiopia
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2024) - East Africa Metals (TSXV: EAM) ("East Africa Metals" or the "Company") is pleased to announce that the Company's development partner Tibet Huayu Mining Co Ltd. ("Tibet Huayu") has initiated the procurement process for heavy... Read More

East Africa Metals Completes Crucial Step to Advance the Mato Bula and Da Tambuk Mining Development Projects, Tigray, Ethiopia
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2024) - East Africa Metals Inc. (TSXV: EAM) ("East Africa" or the "Company") has completed the negotiations of the Relocation Action Plan ("RAP") to allow the mine development activities to begin at the Mato Bula and Da Tambuk... Read More

Allied Gold Provides Update on Continued Exploration Success and Project Development at Kurmuk
TORONTO , June 26, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC) ("Allied" or the "Company") is pleased to provide an update on the ongoing exploration and development activities at its Kurmuk Project in Ethiopia . Significant exploration results continue to... Read More

Sun Peak Metals Completes Initial 2024 Drill Program at the Shire Project
VANCOUVER, BC / ACCESSWIRE / June 20, 2024 / Sun Peak Metals Corp. (the " Company " or " Sun Peak ") (TSXV:PEAK) (OTCQB:SUNPF) is pleased to report that the initial 2024 drill program on the Shire Project in Ethiopia is now complete and results are pending. The Company drilled 24 diamond... Read More

East Africa Metals Signs Drilling Contract to Initiate the Mato Bula Extension Drill Program Targeting the Halima Hill Prospect Within Mato Bula Mining License, Tigray, Ethiopia
Vancouver, British Columbia--(Newsfile Corp. - June 14, 2024) - East Africa Metals Inc. (TSXV: EAM) ("East Africa" or the "Company") is pleased to announce the Company has engaged Kluane Drilling Ltd. to advance the Mato Bula Extension drill program beginning... Read More

East Africa Metals Advances Mine Development Through Final Permitting with Community Engagement
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2024) - East Africa Metals Inc. (TSXV: EAM) ("East Africa" or the "Company") and our development partner, Tibet Huayu Mining Co., Ltd. ("Tibet Huayu"), are pleased to inform about the progress of our mine development plan, on the... Read More

Sun Peak Metals Announces Encouraging Assay Results from 2020 Drill Program
VANCOUVER, BC / ACCESSWIRE / May 28, 2024 / Sun Peak Metals Corp. (the " Company " or " Sun Peak ") (TSXV:PEAK) (OTCQB:SUNPF) is pleased to report final drill assay results from the suspended drill program from October and November 2020. Exploration work, including drilling with two... Read More

East Africa Metals Prepares to Test High Priority Drill Targets Including Halima Hill at the Adyabo Project, Ethiopia
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2024) - East Africa Metals Inc. (TSXV: EAM) ("East Africa" or the "Company") is pleased to update that the Company will continue to explore highly prospective areas in the immediate vicinity of the known Mato... Read More

East Africa Metals Announces Tibet Huayu Moving Forward with Mine Development Programs at Mato Bula and Da Tambuk Mines, Ethiopia
Vancouver, British Columbia--(Newsfile Corp. - May 10, 2024) - East Africa Metals Inc. (TSXV: EAM) ("East Africa" or the "Company") are pleased to announce the development of the Mato Bula and Da Tambuk mines has been initiated. EAM's development partner, the Chinese company Tibet Huayu... Read More

Allied Gold Announces First Quarter 2024 Results: On Track For Improving Production, Costs and Cash Flows Through Remainder of Year with Corporate Initiatives Further Enhancing Financial Flexibility
TORONTO , May 9, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC) ("Allied" or the "Company") is herein reporting its financial and operational results for the first quarter of 2024. During the quarter, the Company produced 85,177 gold ounces ("oz") and sold 85,136 oz at total cost of... Read More

Allied Gold Announces Positive Exploration Results at Kurmuk's Tsenge Gold Prospect and New Oxide Discoveries at Sadiola, Supporting Company's Objectives to Extend Mine Life and Increase Production
TORONTO , April 10, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC) ("Allied" or the "Company") is pleased to announce positive exploration results from the Tsenge gold prospect, the most advanced of several high quality exploration targets at the Kurmuk Project... Read More

Sun Peak Metals Announces Commencement of Drilling at Shire Project
VANCOUVER, BC / ACCESSWIRE / April 4, 2024 / Sun Peak Metals Corp. (the " Company " or " Sun Peak ") (TSXV:PEAK) (OTCQB:SUNPF) is pleased to report that drilling has commenced on the Shire Project in Ethiopia. The initial 2024 drill program has 6,000 to 7,000 meters planned and will... Read More

Allied Gold Announces Fourth Quarter and Year End 2023 Results: Establishing Sustainable Production Platform Which Lays Foundation for Significant Growth at Improving Costs
TORONTO , March 26, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC) ("Allied" or the "Company") is herein reporting its financial and operational results for the fourth quarter and full year 2023. Production during the quarter totaled 94,755 gold ounces ("oz") with sales of 93,073 oz at... Read More

Allied Gold Announces Preliminary 2023 Operating Results, 2024 Guidance and Medium-term Outlook, Highlighting Upside to Sustainable Production Base with Improved Costs and Growing Mineral Inventory
TORONTO , Feb. 21, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC) ("Allied" or the "Company") herein provides its preliminary operating results for 2023, alongside the Company's 2024 operating guidance and medium term outlook, including updates on Mineral... Read More

Sun Peak Metals Provides Corporate Update - Exploration Work Expected To Resume on Shire Project
VANCOUVER, BC / ACCESSWIRE / February 7, 2024 / Sun Peak Metals Corp. (the " Company " or " Sun Peak ") (TSXV:PEAK) (OTCQB:SUNPF) is pleased to report that the Company is prepared to resume exploration activities on the Shire Project, Ethiopia. Sun Peak will recommence work on three... Read More

East Africa Metals Announces Tibet Huayu Has Approved the Initiation of Mining Development Programs at the Mato Bula and Da Tambuk Mines, Ethiopia
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2023) - East Africa Metals Inc. (TSXV: EAM) ("East Africa" or the "Company") is pleased to announce it has received confirmation from the Company's development partner, Tibet Huayu Mining Co., Ltd. (Shanghai Stock Exchange "Huayu... Read More

JuniorMiningNetwork
Elemental Altus Royalties Generates Two New Gold & Copper Royalties in Ethiopia
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) (" Elemental Altus " or " the Company ") announces the generation of two new gold and copper Net Smelter Return (" NSR ") royalties, through... Read More

Sun Peak Metals Provides Corporate Update
VANCOUVER, BC / ACCESSWIRE / February 16, 2023 / Sun Peak Metals Corp. (the " Company " or " Sun Peak ") (TSXV:PEAK) (OTCQB:SUNPF) provides an update on the Company's activities in Ethiopia and other corporate activities. Currently all exploration activities on the Shire Project in the... Read More

East Africa Metals Provides Ethiopian Update
VANCOUVER, BC , Nov. 30, 2021 /CNW/ - East Africa Metals Inc. (TSXV: EAM) ("East Africa", "EAM" or the "Company") would like to provide an update on the ongoing exploration of its gold and gold/copper/zinc projects in the Federal Democratic Republic of Ethiopia... Read More

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