North Bay Resources boosts output with refinery shipment, advances flotation circuit optimization

US Gold Corp CEO George Bee talked with Proactive's Stephen Gunnion about the latest developments surrounding the CK Gold Project in southeast Wyoming. The company recently received the final component of its mine operating permit in November, marking a pivotal step forward. Bee explained that US Gold Corp is finalizing optimization work and evaluating flotation technology options, which will feed into a forthcoming feasibility study. This study will build on the previously released pre-feasibility study (PFS), which was based on a gold price of $2,100 per ounce and copper at $4.10 per pound. Bee noted, “The numbers look stellar,” particularly as current gold prices have exceeded $3,000. This price movement, coupled with economic uncertainty and infrastructure developments, supports a favorable outlook for both gold and copper. He also acknowledged that while initial capital costs may rise due to tariffs, the project remains robust even under less favorable scenarios. Bee highlighted the positive market response following the lifting of permitting uncertainty and transparency around the project’s economics. After a successful annual shareholder meeting and a notable increase in both share price and market cap, Bee expressed optimism about the project's long-term potential. Visit Proactive’s YouTube channel for more video updates. Don’t forget to like this video, subscribe to the channel, and enable notifications for future content. #USGoldCorp #CKGoldProject #GoldMining #CopperMining #WyomingMining #MiningStocks #GeorgeBee #GoldPrice #FeasibilityStudy #JuniorMining #ProactiveInvestors

North Bay Resources Inc CEO Jared Lazerson talked with Proactive's Stephen Gunnion about the company's latest developments in its gold processing operations, highlighting strong recovery results and ongoing optimization efforts. Lazerson confirmed that North Bay has shipped 344 pounds of gold concentrate to its refinery partner, Just Refiners, as part of what he described as the second major test shipment. He noted, “We’re still in the test shipment phase… but every penny counts,” estimating the value of the shipment at just under $10,000. The aim is to finalise proof-of-concept and prepare the mill for ramp-up. The company has transitioned its processing approach, making gravity separation the primary method over flotation. This shift followed encouraging metallurgical results in December, which showed a 97% recovery rate—approximately a two-thirds gravity to one-third flotation ratio. Lazerson reiterated the strength of these figures, saying, “Extraordinary recovery… gravity seems to be going really well.” To support optimization, North Bay has upgraded the ball mill with new grinding balls and improved the raker classifier. The flotation circuit is also under fine-tuning, with all reagents on hand and final conditioning steps being assessed. The company anticipates that improved flotation performance could lift overall recovery by more than 30%, adding additional revenue potential from future shipments. For more updates, visit Proactive’s YouTube channel. Don’t forget to like this video, subscribe to our channel, and enable notifications for future content. #GoldMining #NorthBayResources #JaredLazerson #Metallurgy #GravitySeparation #GoldRecovery #MiningOptimization #GoldProduction #FlotationCircuit #ProactiveInvestors

Arrow Exploration CEO Marshall Abbott joined Steve Darling from Proactive to provide a comprehensive update on the company’s operational and financial performance for the year ended December 31, 2024, along with a preview of its ambitious 2025 plans. Abbott announced that Arrow achieved a 65% increase in total oil and gas revenue, reaching $73.7 million (net of royalties), driven by strong production growth across key assets. The company reported net income of $13.2 million, which includes a $0.7 million reversal of impairment charges. Adjusted EBITDA rose sharply to $48 million—an impressive 78% increase compared to the previous year—highlighting improved operational efficiency and favorable market conditions. Operationally, Arrow made significant strides in 2024, drilling seven horizontal and five vertical wells at its Carrizales Norte field. These wells materially boosted output and enhanced the company’s production profile. In addition, Arrow successfully drilled an exploratory well in the Alberta Llanos field within the Tapir Block, expanding its resource potential in the region. Looking ahead, the company has hit the ground running in 2025. So far this year, Arrow has drilled three development wells on the Carrizales Norte field and two more in the Alberta Llanos field. One of these, the AB-2 well, is currently being recompleted as a water disposal well. The remaining wells have been brought online and are producing at restricted rates to manage reservoir pressure and prevent early water breakthrough. Arrow's fully funded 2025 capital program totals $51 million and targets the drilling of up to 23 wells, primarily within the Tapir Block. This includes the company’s first horizontal wells in the Alberta Llanos area, as well as newly identified prospects in the Mateguafa Attic. These initiatives underscore Arrow’s commitment to unlocking value across its growing asset base and further enhancing shareholder returns. #proactiveinvestors #arrowexplorationinc #aim #axl #tsxv #axl #OilAndGas #MarshallAbbott #ColombiaEnergy #EnergyStocks #OilDrilling #JuniorOilandGas #CashFlow #Netback #TapirBlock #SeismicSurvey #InvestorUpdate

Sintana Energy CEO Robert Bose recently spoke with Steve Darling from Proactive to share excitement that is building in offshore Namibia following a series of major technical disclosures from Galp Energia within Petroleum Exploration Licence 83 (PEL 83), where the Portuguese energy company has identified an estimated 10 billion barrels of original oil in place from its first two exploration wells at the Mopane prospect. This significant update was highlighted by industry analyst and commentator Mr. Bose, who called the disclosure “very promising and very exciting”—marking a pivotal moment in the evolution of Namibia’s offshore oil narrative. Galp’s estimates were backed by a resource assessment from renowned petroleum consulting firm DeGolyer and MacNaughton, which confirmed 900 million barrels of contingent recoverable resources based on operations completed as of November 30, 2024. “This is the first real glimpse we’ve had into the scale of what Mopane could represent,” said Bose, emphasizing that the data reveals both the technical robustness and commercial potential of the project. Bose also spoke to the broader sentiment shift in Namibia’s upstream oil sector. While global supermajors such as Shell, Chevron, TotalEnergies, and Woodside have encountered a mix of technical and operational hurdles in the region over the past few years, a renewed sense of cautious optimism is taking hold. The growing interest from top-tier exploration and production companies is evident, he noted, particularly following a strong industry presence at a recent energy conference in Namibia—the fourth such event attended by Bose. Adding further momentum to the offshore Namibian story is the recent drilling success announced by Rhino Resources. Operating near Sintana Energy’s acreage, Rhino reported flow rates of 11,000 barrels of oil per day from a new discovery. The result not only validates the regional hydrocarbon system but also opens new possibilities for shallow-water exploration—an area Bose described as “really exciting” and underexplored compared to deeper prospects. #proactiveinvestors #sintanaenergyinc #tsxv #sei #otcqb #seusf #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews #OilExploration #Namibia #OrangeBasin #EnergySector #PEL83 #RobertBose #GalpEnergia #Chevron #QatarEnergy #EnergyNews #ProactiveInvestors #2025EnergyTrends

Charbone Hydrogen Corp CFO Benoit Veilleux talked with Proactive's Stephen Gunnion about a newly signed non-binding term sheet for a $50 million construction capital facility. This agreement is expected to support the first phase of Charbone’s clean hydrogen production rollout across North America, enabling the company to deploy between five and ten projects from its pipeline of sixteen planned sites. Veilleux highlighted that this facility represents a milestone for the company, saying, "That's an amazing use for Charbone, a great milestone that will allow Charbone to execute on 5 to 10 of the first phase of our locations." He emphasized the importance of working with a financing group that believes in Charbone's decentralized production model and clean energy mission. The company intends to install a new electrolyzer every three to six months as part of its deployment strategy. Among the first sites nearing production is the Sorel-Tracy project in Québec, which is expected to come online in approximately two months. A Michigan-based project and others in both Canada and the United States are also advancing. Veilleux noted that the facility will allow Charbone to invest between $5 million and $10 million per project as part of the broader $50 million commitment. For more updates like this, visit Proactive's YouTube channel. Don’t forget to like the video, subscribe, and enable notifications to stay informed. #CharboneHydrogen #GreenHydrogen #HydrogenEnergy #CleanEnergy #HydrogenProduction #RenewableEnergy #CFOInterview #EnergyTransition #HydrogenProjects #SustainableEnergy

Replenish Nutrients CEO Neil Wiens joined Steve Darling to announce its full-year and fourth quarter 2024 financial results, highlighting improved operational efficiency and profitability, alongside a business update that underscores the company’s strategic momentum heading into 2025. While full-year revenues and sales volumes were modestly down compared to 2023, Replenish Nutrients reported significant year-over-year improvement in gross profit margins, gross profit percentage, and adjusted EBITDA in the fourth quarter. These gains reflect enhanced cost efficiencies and growing market validation of the company’s proprietary regenerative fertilizer products. The company’s results were buoyed by strong repeat business from a loyal customer base and incremental sales to new clients, reinforcing the strength and efficacy of Replenish’s innovative product line. With full-scale production at the Beiseker facility expected to come online by mid-2025, Replenish anticipates a step-change in revenues, margin expansion, and cash flow generation. Wiens shared a significant milestone for its expansion roadmap, Replenish successfully closed $1.15 million in debt financing. These funds will be deployed immediately to complete critical upgrades at the company’s Beiseker granulation facility, enabling it to meet rising demand for sustainable fertilizer solutions ahead of the vital 2025 spring planting season. The Beiseker facility upgrades will bring production to 20,000–25,000 metric tonnes annually of granulated regenerative fertilizer. These enhancements are scheduled for completion by early Q2 2025, ensuring Replenish is optimally positioned for the high-volume spring application window—a key revenue driver for the business. Looking ahead, the company aims to scale to 2,000 tons per month and eventually fulfil increased demand represented by expanded purchase orders totaling 24,000 tons. To date, Replenish has already secured purchase orders for the first 6,000 metric tonnes of output at an average price of $575 per tonne, generating gross margins in the 25%–35% range, consistent with previous company guidance. Demand visibility remains high, and Replenish expects to sell out its full annual capacity, resulting in robust EBITDA and positive operating cash flow on a run-rate basis. #proactiveinvestors #replenishnutrientsholdingscorp #cse #erth #otc #vvivf #RegenerativeAgriculture #FertilizerInnovation #SustainableFarming #CropGrowth #NeilWiens #AgricultureNews #Farming2025 #ProactiveInvestors #SustainableSolutions

Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to announce the shipment of a Merrows™-capable PowerBuoy® to support demonstrations for defense and security applications, including both surface and subsea monitoring. The deployment comes as part of a collaboration agreement signed last year with a major international defense contractor, targeting specific strategic regions. According to Stratmann, the simultaneous shipment of both a buoy and a vehicle in the same week underscores the company’s operational evolution and momentum. In addition to the buoy, Stratmann highlighted the shipment of a WAM-V® 22’, an autonomous surface vehicle engineered for offshore survey missions. The WAM-V® is equipped with 24/7 operational payload capacity, allowing it to operate for multiple days without needing to return to base. It recently completed a successful demonstration in which it conducted a three-day fully remote, continuous survey, while deploying a simulated payload. Stratmann emphasized that these deployments reflect OPT’s growing capabilities in supporting complex, autonomous maritime operations—especially in environments where persistent, unmanned monitoring is critical. #proactiveinvestors #oceanpowertechnologiesinc #nyseamerican #optt #PhillipStratmann, #USGovernmentContract, #OffshoreAutonomy, #MaritimeSecurity, #CommercialPlatforms, #GrowthStrategy, #BuoyBusiness, #VehicleBusiness, #InternationalExpansion, #ReadyToDeploy

Century Lithium CEO Bill Willoughby joined Steve Darling from Proactive to provide a comprehensive update on the company’s flagship Angel Island Lithium Project, a feasibility-stage development located in Nevada, one of the most resource-rich and mining-friendly jurisdictions in the United States. With growing urgency around the development of a domestic lithium supply chain, driven in part by the White House Executive Order to secure critical minerals essential to the U.S. economy and national security, Century Lithium believes it is strategically positioned to support this federal initiative. The Angel Island project is designed as a single-source mining and production operation for battery-grade lithium carbonate, a material vital for electric vehicles, renewable energy storage, and defense technologies. Dr. Willoughby noted that the company recently held a productive meeting with the Nevada State Office of the Bureau of Land Management to assess the permitting progress for the Angel Island project, in light of the federal directive. The meeting also addressed the current status of environmental studies, which are essential for progressing the project’s regulatory approvals. The next steps at the federal level include will include completion and final approval of all baseline environmental studies, preparation and submission of the Mine Plan of Operations, and then the BLM will determine the level of review required under the National Environmental Policy Act —either an Environmental Assessment or a more comprehensive Environmental Impact Statement. Angel Island is designed to be a fully integrated lithium operation, capable of producing an average of 34,000 tonnes per year of high-purity lithium carbonate over an estimated 40-year mine life. This end-to-end capability would make Angel Island a cornerstone contributor to the U.S. EV battery supply chain, reducing reliance on overseas processing and mitigating geopolitical risks associated with foreign supply. #proactiveinvestors #centurylithiumcorp #tsxv #lce #otcqx #cydvf #mining #oricaspecialtymining #CenturyLithium #BatteryMetals #USMining #EnergyTransition #EVs #MiningNews #LithiumProject #Tonopah #CriticalMinerals #PilotPlant #NEPA #BLM #CleanEnergy

OKYO Pharma CEO Gary Jacob joined Steve Darling from Proactive to announce a strategic decision to accelerate the clinical development of urcosimod, its lead candidate for Neuropathic Corneal Pain. CEO Gary Jacob shared the update in an interview with Proactive, highlighting the company's decision to terminate its ongoing Phase 2 trial early in order to access and analyze masked trial data that could inform the next stage of clinical advancement. The Phase 2 trial, being conducted at Tufts Medical Center in Boston, MA, was initially designed as a single-site study to evaluate the safety and efficacy of urcosimod in patients suffering from NCP—a debilitating and poorly understood ocular condition. To date, 17 patients have successfully completed the trial. All of them were diagnosed with chronic, long-term NCP and had failed multiple prior therapies, positioning this cohort as a challenging yet highly relevant population for evaluating urcosimod's potential. According to Jacob, the trial has attracted significant attention from NCP sufferers, reinforcing the high unmet need in this patient population. NCP is characterized by severe ocular pain, light sensitivity, and discomfort that can radiate to the face or head. Its exact etiology remains uncertain but is believed to involve nerve damage and persistent inflammation of the cornea. Currently, no approved therapies exist specifically for NCP, and most patients rely on off-label or palliative treatments with limited success. OKYO’s decision to close the trial early reflects a proactive strategic shift, allowing the company to refine its clinical development path and expedite next steps. The company is preparing to launch a multicenter trial, which will include multiple clinical sites and a broader patient population, enhancing the statistical robustness and generalizability of the data. As OKYO prepares for this next clinical phase, the company remains focused on its core mission of delivering innovative therapies for underserved ophthalmic conditions. The accelerated pathway for urcosimod underscores its potential to reshape the treatment landscape for neuropathic eye disorders. #proactiveinvestors #okyopharmalimited #nasdaq #okyo #Urcosimod #NeuropathicCornealPain #BiotechNews #ClinicalTrials #FDAapproval #Ophthalmology #DrugDevelopment #CompassionateUse #EyeHealth

Foresight Solar Fund Ltd's Toby Virno talked with Proactive's Stephen Gunnion about the company’s income performance, interest rate impacts, and strategic direction. Virno highlighted that since its IPO, the company has consistently paid a growing dividend and currently offers a yield of around 10% at prevailing share prices. "We've never missed a payment," he noted, reinforcing the company's income reliability. He addressed the macroeconomic outlook, including the Bank of England’s potential interest rate cuts, saying this environment could support growth by driving electricity demand. Importantly, he explained that Foresight Solar’s share price historically correlates with UK government bond yields, meaning falling rates may positively impact valuation. Foresight Solar has taken measures to narrow the discount to net asset value, including enhancing its dividend and deploying a proprietary development pipeline. Virno stated the pipeline includes nearly one gigawatt under development globally, which offers opportunities for capital growth through development, construction, and operations. The investment strategy stands on four pillars: income and growth, geographic diversification, operational excellence, and specialist management through Foresight Group. “Operational portfolio will continue to generate revenue … distributed to shareholders in the form of quarterly dividends,” Virno said. For more updates from energy and infrastructure leaders, visit Proactive's YouTube channel. Don't forget to like this video, subscribe, and enable notifications so you never miss a new release. #ForesightSolar #RenewableEnergy #DividendInvesting #InterestRates #GreenInfrastructure #TobyVirno #SolarEnergy #SustainableInvesting #EnergyStocks #IncomeGrowth