Consolidating a 100% Interest in a Large-Scale Copper-Gold Porphyry Target with an Untested Core [Globe and Mail, The (Toronto, Canada)]
Newmont Corporation (NEM)
Last newmont corporation earnings: 2/20 06:55 am
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Source: Globe and Mail, The
Most explorers only hit the upper "cap," while the high-grade core typically sits hundreds of metres deeper. A project with proven surface minerals but an untested deep source is a high-conviction target. Today, one explorer in the Cangrejos-Zaruma belt secured 100% ownership to finally chase that hidden core. Salazar Resources Ltd (TSX Venture: SRL) (OTCQB: SRLZF) announced it has consolidated 100% ownership of the Santiago Project in Loja Province, southern Ecuador. Santiago covers 2,350 hectares and hosts a significant copper-gold porphyry target positioned beneath a near-surface epithermal system. Critically, while the upper layers have been sampled, the projected porphyry core at depth has never been drill-tested. Historical data from the project provides a compelling foundation. Three holes drilled by Newmont in 1998 tested the shallow lithocap and returned remarkably wide intervals: FUD-01 hit 323.09m at 0.23% Cu and 0.40 g/t Au, including 10.80m at 0.58% Cu and 0.40 g/t Au
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News
- Newmont (NEM) had its price target raised by The Goldman Sachs Group, Inc. from $123.20 to $125.10. They now have a "buy" rating on the stock.MarketBeat
- Roxmore Resources Inc. (RM) Closes the Market [Yahoo! Finance]Yahoo! Finance
- Newmont (NEM) had its price target raised by TD from $116.00 to $129.00. They now have a "hold" rating on the stock.MarketBeat
- Newmont (NEM) had its price target raised by Macquarie Infrastructure Holdings, LLC from $130.00 to $133.00. They now have an "outperform" rating on the stock.MarketBeat
- Newmont (NEM) had its "buy" rating reaffirmed by TD Cowen.MarketBeat
NEM
Earnings
- 4/23/26 - Beat
NEM
Sec Filings
- 4/28/26 - Form 8-K
- 4/23/26 - Form 8-K
- 4/23/26 - Form 10-Q
- NEM's page on the SEC website