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Shares of
surged 7.398% in pre-market trading on January 13, 2026, as the company secured a critical federal permitting milestone for its DeLamar Heap Leach Project in southwestern Idaho. The U.S. Bureau of Land Management (BLM) has established a formal National Environmental Policy Act (NEPA) schedule, accelerating the project’s timeline for regulatory approval.The BLM-defined pathway includes a Notice of Intent publication in Q2 2026, a 15-month NEPA review period, and a targeted Environmental Impact Statement and Record of Decision by Q3 2027. This significantly reduces regulatory uncertainty compared to previous estimates and aligns with a robust feasibility study released in late 2025, which confirmed strong gold- and silver-driven economics. The project now advances toward a "shovel-ready" status, with a projected 10-year mine life and competitive operating costs.

CEO George Salamis emphasized the milestone as transformative, noting the accelerated schedule enhances project certainty, capital efficiency, and shareholder value. The feasibility study highlights a post-tax net present value of $774 million at base-case metal prices, rising to $1.7 billion with current gold and silver levels. The company will now pursue parallel permits for groundwater, air quality, and reclamation, while finalizing a Programmatic Agreement with Tribal Nations to address cultural and environmental concerns.
As construction and operations planning continue,
is positioned to benefit from favorable gold and silver pricing, low operating costs, and a stable regulatory outlook. The company has also secured key financing commitments and is in active dialogue with strategic partners to accelerate development timelines. With a strong balance sheet and long-term production outlook, the DeLamar Heap Leach Project is expected to drive consistent growth for years to come.Titulares diarios de acciones y criptomonedas, gratis en tu bandeja de entrada
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