Related Articles
Mining & Metals
FirstService Up 0.4% In US Premarket As Amends NCIB to Increase Share Buyback
FirstService (FSV.TO) said Tuesday that the Toronto Stock Exchange has approved its amendment to increase the size of its normal course issuer bid (NCIB) to 4.1 million shares, from 1.6 million shares.The amendment takes effect from June 4. Under the NCIB, as of May 31, FirstService has bought back 931,182 shares at an average price of US$132.38 each (or a total of US$123.3 million).The amended NCIB will end on August 25.FirstService shares were last seen up US$0.53 to US$134.78.
$FSV.TO
Mining & Metals
Newcore Gold Increases Drill Program to 80,000 Meters at Enchi Gold Project, Ghana
Newcore Gold (NCAU.V) said Tuesday that, on the back of the "success" achieved to date with drilling at its Enchi Gold Project in Ghana, and the completion of an equity financing, it has expanded its ongoing drill program to 80,000 metersThe expanded drill program, with four active drill rigs on site, will focus on resource conversion, resource growth and discovery drilling, it said.The 80,000 meter drill program underway at Enchi commenced in August 2024, said the company. In addition to drilling, a Pre-Feasibility Study (PFS) is underway and targeted for completion by the end of June 2026, alongside on-going development work in support of project advancement at Enchi which includes metallurgical testwork, hydrogeological testing, geotechnical work, and environmental work, added the company."We are excited to be increasing the size of the drill program at our Enchi Gold Project in Ghana on the back of a successful equity financing that had strong support from both new and existing institutional shareholders, along with management and the Board of Directors," said Luke Alexander, President CEO of Newcore.
$NCAU.V
Mining & Metals
Fury Gold Mines Up 0.3% In US Premarket AS Reports Latest Drill Results From Eau Claire Project
Fury Gold Mines (FURY.TO) on Tuesday the final batch of phase 1 drill results has confirmed mineralization continuity within the Eau Claire project's modelled zone, located in the Eeyou Istchee Territory in the James Bay Region of Northern Quebec.The most significant result tested 45m down plunge of a historic intercept within the inferred portion of the Eau Claire mineral resource. The hole intersected 7.86 grams per tonne (g/t) gold over 9.43m, confirming the continuity of mineralization within the modelled zone, a statement said.In addition, drill hole 26EC 102, which also targeted mineralization within an inferred portion of the Eau Claire mineral resource, returned an intercept of 13.83 g/t gold over 1.97m.Phase 2 drilling is currently ongoing and aimed at converting inferred mineral resources into higher-confidence categories and expanding the indicated mineral resource. To date, 14 drill holes totalling approximately 7,100m have been completed.The Phase 2 campaign will continue through the summer of 2026.Fury Gold Mines was at last look up US$0.002 to US$0.5625 in New York trade. Shares in Canada fell 2.5% yesterday.
$FURY.TO