Canary Gold Corp. announced its participation in the Muskoka Capital Event taking place in late September 2026. The company intends to showcase its gold exploration opportunities in Brazil's Madeira River region to institutional investors.
Canary Gold Corp. announced its participation in the Muskoka Capital Event scheduled for late September 2026. The company intends to showcase its gold exploration opportunities in Brazil's Madeira River region to institutional investors.
Meridian Mining has released a new feasibility study for its Cabaçal gold-copper project in Brazil, reporting an after-tax NPV of $2.09 billion and an IRR of 108%. While the project value has more than doubled compared to the 2025 prefeasibility study, the increase is largely driven by higher metal price assumptions and a 34% increase in reserve tonnage.
Meridian Mining has released a Definitive Feasibility Study (DFS) for its Cabaçal gold-copper-silver project in Brazil, reporting an after-tax NPV of $2.09 billion and an IRR of 108%. The study assumes a gold price of $3,570/oz and indicates an initial capital requirement of $322 million with a payback period of 0.9 years.
Meridian Mining has released a Definitive Feasibility Study (DFS) for its Cabaçal gold-copper-silver project in Brazil, reporting a post-tax NPV5% of USD 2.09 billion and an Internal Rate of Return (IRR) of 108% in the base case, with a rapid payback period of 0.9 years. The study outlines a 13.9-year mine life with initial capital expenditure of USD 322 million and life-of-mine All-in Sustaining Costs (AISC) of USD 1,056/oz AuEq. The DFS is supported by updated mineral reserves and comprehensive metallurgical testwork, showing high recoveries for all three metals. The company is advancing financing and permitting activities, with an installation license lodged and pre-construction investments underway.
Meridian Mining's Definitive Feasibility Study for the Cabaçal project in Brazil reports exceptional economics, including a post-tax NPV5 of USD 2.09 billion, an IRR of 108%, and a payback period of 0.9 years. The study is based on an updated Mineral Reserve estimate and improved metallurgy, with average LOM recoveries of 89.3% for gold and 92.8% for copper. While initial capital and operating costs have increased from the prior PFS, the project is advancing with pre-construction activities and financing efforts underway, supported by granted permits for its initial development footprint.
Serabi Gold reported significant 2026 brownfield drilling results from the Palito Complex and Coringa Mine in Brazil. Key highlights include high-grade gold intercepts at Coringa and a structural reinterpretation at Palito suggesting a larger, continuous mineralized system, with updated resource estimates targeted for Q1 2027.
Altamira Gold Corp. has announced an updated Mineral Resource Estimate for the Maria Bonita porphyry gold deposit in Brazil, showing a 90% increase in total tonnage and an 82% increase in contained gold compared to the 2025 maiden estimate. The Indicated resource now stands at 25Mt @ 0.50g/t gold, while Inferred resources have expanded to 70Mt @ 0.41g/t gold.
Serabi Gold plc announced high-grade gold drill results from its 2026 brownfield exploration program at the Palito Complex and Coringa Mine in Brazil. The program aims to expand known gold resources, with significant intercepts including 0.25 m @ 57.20 g/t Au and 0.25 m @ 40.30 g/t Au. An updated Mineral Resource Estimate is targeted for Q1-2027, incorporating these results.
