Core Insights - Great Pacific Gold Corp. has announced significant results from its expanded Phase 1 diamond drill program at the Wild Dog Project in Papua New Guinea, focusing on the Sinivit target within a 15 km epithermal structural corridor [1][4][30] Drilling Program Details - The Phase 1 program began in May 2025 and aims to test a 1.5 km strike length at the Sinivit target, with multiple strong intercepts confirming the high-grade nature of the system [4][5] - A total of 28 diamond drill holes have been completed, with the program expected to continue into early 2026, and a second drill rig is scheduled to arrive in late January 2026 [5][30] Key Assay Results - Drill hole WDG-14 reported an intercept of 9.5 m at 13.8 g/t AuEq from 200.77 m, including 3.9 m at 32.16 g/t AuEq from 204.3 m [7][10] - Other notable results include WDG-08, which intercepted 8.4 m at 50 g/t AuEq from 154 m, showcasing the potential of the Wild Dog Project [30] Geological Insights - The geological confidence is increasing as each drill hole refines the understanding of the plunge, geometry, and true width of the northern sulphide zone, indicating a well-endowed epithermal system [3][30] - MobileMT geophysical data suggests the potential for a major porphyry copper-gold system adjacent to the veins, similar to the Wafi-Golpu deposit [5][30] Infrastructure and Community Support - The company has established critical infrastructure and developed strong community support, positioning itself for a transformative year in 2026 [3][30] - Camp expansion and new site infrastructure are nearing completion, facilitating a significant ramp-up in drilling activity [7][30] Future Plans - The company is preparing for an exciting year ahead with several high-priority targets ready for testing and the second drill rig expected to enhance drilling coverage across the Wild Dog structural corridor [3][5]

Core Viewpoint - Great Pacific Gold Corp. has received final court approval for the spin-out of Walhalla Gold Corp., allowing GPAC shareholders to receive shares of Walhalla, which will own the Walhalla Gold Project in Victoria, Australia [1][2]. Group 1: Spin-Out Details - The spin-out will distribute one Walhalla common share for every GPAC common share held by shareholders as of December 12, 2025 [2]. - The new Walhalla common shares will be issued to GPAC shareholders on December 15, 2025, pending acceptance by the TSX Venture Exchange [2]. Group 2: Walhalla Gold Project Overview - The Walhalla-Woods Point Goldfield is a significant goldfield in Victoria, Australia, with an estimated total historic gold production of 2.2 million ounces (72.2 tonnes) at a gold grade of 25.3 grams per tonne [3]. - The goldfield contains over 420 mines/workings and is located approximately 150 kilometers east of Melbourne [3]. Group 3: Company Overview - Great Pacific Gold aims to become a leading gold-copper development company in Papua New Guinea, with a portfolio of exploration-stage projects [5]. - The flagship Wild Dog Project in East New Britain province features a large-scale epithermal target and has shown high-grade results from drilling [5]. - The Kesar Project, contiguous with K92 Mining Inc.'s tenements, has multiple high-priority targets and has demonstrated high gold grades in exploration work [5]. - The Arau Project contains the Mt. Victor exploration target and has completed a Phase 1 Reverse Circulation drilling program with encouraging results [5][6].

Core Viewpoint - Great Pacific Gold Corp. has announced the approval of the spin-out of Walhalla Gold Corp., allowing shareholders to receive shares of Walhalla, which will own the Walhalla Gold Project in Victoria, Australia [1][2]. Summary by Sections Spin-Out Approval - Shareholders voted overwhelmingly to approve the spin-out of Walhalla Gold Corp. during a Special Meeting held on November 27, 2025 [1][2]. - The spin-out involves distributing one common share of Walhalla for each common share of Great Pacific Gold held by shareholders [2]. Stock Option Plan - An ordinary resolution to approve a stock option plan for Walhalla was also approved without amendment by the shareholders [3]. Court Approval and Record Date - Final court approval for the spin-out is scheduled for December 4, 2025, after which the official record date for shareholders to receive Walhalla shares will be set [3]. CEO Statement - The CEO of Great Pacific Gold expressed satisfaction with the progress made over the past six months in preparing for the spin-out, highlighting the benefits for shareholders in retaining exposure to a significant gold project [4]. Walhalla Gold Project Overview - The Walhalla-Woods Point Goldfield is a notable goldfield in Victoria, Australia, with an estimated total historic gold production of 2.2 million ounces (72.2 tonnes) at a gold grade of 25.3 g/t [5]. - The goldfield contains over 420 mines/workings and is located approximately 150 km east of Melbourne [5].

Core Viewpoint - K92 Mining Inc. reported strong financial and operational results for Q3 2025, achieving record production and revenue, while successfully completing the Stage 3 Expansion Process Plant under budget, positioning the company for future growth [5][6][8]. Production - The company produced 44,323 ounces of gold equivalent (AuEq), including 42,244 ounces of gold, 1,323,538 pounds of copper, and 34,831 ounces of silver in Q3 2025 [5]. - The quarterly ore processed was 137,172 tonnes, with a total ore mined of 152,485 tonnes, achieving a head grade of 11.2 grams per tonne (g/t) AuEq [5][11]. - Metallurgical recoveries were strong, with gold recovery at 95.0% and copper recovery at 94.6% [5][11]. Financials - K92 reported record quarterly revenue of $177.5 million, a 45% increase from Q3 2024, and a net income of $85.7 million, up 84% from the previous year [5][11]. - The company achieved a record cash and cash equivalents total of $185.4 million, including a net cash position of $131.2 million [5][8]. - Cash costs were reported at $694 per ounce of gold and all-in sustaining costs (AISC) at $1,254 per ounce of gold [5][11]. Expansion and Development - The Stage 3 Expansion Process Plant, with a capacity of 1.2 million tonnes per annum, was completed under budget, with commissioning expected to be finalized in November 2025 [5][6]. - As of September 30, 2025, 90% of the Stage 3 Expansion capital had been spent or committed, remaining on budget [5][8]. - Key construction projects for the pastefill plant and surface tailings filtration plant are progressing, with commissioning scheduled for mid-2026 [5][8]. Exploration - The company is actively exploring the Arakompa project, reporting significant porphyry-style mineralization and ramping up exploration activities with up to five rigs operating [5][9]. - Initial results from the Wera prospect indicate a large mineralized system, with drilling now underway [5][9]. - K92 plans to deliver a maiden mineral resource estimate for Arakompa in mid-2026 [5][9].

Core Insights - Great Pacific Gold Corp. is set to file an updated NI 43-101 compliant technical report for its Kesar Project, which is strategically located adjacent to K92 Mining's Kainantu Mine, following a successful Phase 1 exploration program completed in May 2025 [1][4] Exploration and Technical Details - The Kesar exploration license (EL 2711) was granted for two years starting October 30, 2023, with total expenditures of approximately $5.8 million (16.7 million PNG Kina) during this period, making the company one of the largest active exploration firms in Papua New Guinea [3][5] - The updated technical report will include results from 13 diamond drill holes totaling 3,714.3 meters, with significant intercepts such as 3.13 meters at 3.67 g/t Au and 0.94 meters at 3.17 g/t Au [2][20][22] - A Phase 2 drilling program is recommended for 2026, which includes surface exploration, mapping, sampling, and a 3,000-meter diamond drill program [7][29] Geological Context - The Kesar Project is located in the Eastern Highlands Province of Papua New Guinea, covering an area of 130 square kilometers and is characterized by complex geology, including metamorphic rocks and volcanic units [6][13] - The area has potential for both structurally controlled gold deposits and porphyry copper/gold mineralization, supported by the proximity to the Kainantu gold mine and the Blue Lake porphyry deposit [6][17][26] Future Plans and Recommendations - The company plans to focus its exploration expenditures primarily on the Wild Dog project while also conducting a follow-up program at Kesar to unlock potential value [4][5] - Specific recommendations for further exploration include mapping and rock chip sampling, trenching along known vein areas, and incorporating geophysical survey results into a 3D geological model [31][29]

Core Points - K92 Mining Inc. has produced its first commercial grade gold-copper-silver concentrate and plans to start shipments from its new 1.2 million tonnes per annum Stage 3 Expansion process plant at the Kainantu Gold Mine in Papua New Guinea [1] - The Official Inauguration Ceremony on October 16 was attended by key stakeholders, including the Prime Minister of Papua New Guinea, who witnessed a gold pour producing 458 ounces of doré [2][13] - The Stage 3 Expansion Process Plant is on track for commissioning completion in the first half of Q4 and was delivered under budget, with 90% of the budget spent or committed as of September 30, 2025 [3] - The CEO of K92 expressed satisfaction with the achievement of inaugural production, highlighting the collaboration of the workforce and partners [4] - The company aims to advance towards Tier-1, mid-tier producer status, emphasizing the long-term benefits of the Stage 3 Expansion for employees and communities [6] Company Overview - K92 Mining Inc. is engaged in the production of gold, copper, and silver at the Kainantu Gold Mine in Papua New Guinea and is focused on exploration and development of mineral deposits in the area [7] - The company declared commercial production from Kainantu in February 2018 and is in a strong financial position, working towards becoming a Tier 1 mid-tier producer through ongoing plant expansions [7]

Core Viewpoint - K92 Mining Inc. is set to release its third quarter financial results for 2025 on November 10, 2025, and will host a conference call to discuss these results [1][2]. Company Overview - K92 Mining Inc. operates the Kainantu Gold Mine in Papua New Guinea, producing gold, copper, and silver, and is focused on exploration and development in the surrounding area [3]. - The company declared commercial production from the Kainantu mine in February 2018 and aims to become a Tier 1 mid-tier producer through ongoing plant expansions [3]. - A maiden resource estimate for the Blue Lake copper-gold porphyry project was completed in August 2022, indicating the company's commitment to growth and resource development [3]. Conference Call Details - The conference call to present the financial results will take place at 8:30 am (EST) on November 10, 2025, with access available via a toll-free number for North America and an international dialing option [2]. - The call will also be available as a live webcast, providing an additional platform for stakeholders to engage with the company's updates [2].

Core Insights - Gold prices have surpassed $4,000 per ounce for the first time, driven by inflation concerns and safe haven demand amid economic uncertainty [1] - Mining stocks have increased by 135% in 2025, benefiting from margin expansion and stabilized production costs [1] - Goldman Sachs has raised its gold price forecast to $4,900 per ounce by late 2026, citing strong demand from Western investors and central banks [2] Company Highlights - Rush Gold Corp. has shown significant momentum in its first 90 days as a publicly traded company, completing financing and strategic land consolidation in Nevada [3][5] - The company is advancing two properties in the Republic Mining District, a historically productive area for silver and gold [4] - The Skylight property, covering 330 acres, is believed to host a well-preserved epithermal gold-silver system, with previous drilling intersecting gold [5][6] Exploration and Development - Recent technical work at Skylight has validated the geological model, revealing a 1.2-kilometer alteration footprint indicative of significant mineralization potential [6] - The Walker Lane corridor has become a major exploration focus, with significant gold discoveries nearby, enhancing Rush Gold's strategic position [7][8] - Rush Gold has consolidated its district footprint through an option agreement for the Legal Tender property, which has shown high-grade mineralization potential [8] Financial Position and Future Plans - Rush Gold closed a private placement of $500,000, providing capital for targeted field programs [9] - Near-term work will focus on refining targets using ASTER satellite data and conducting follow-up at Legal Tender's historic workings [9] - The company aims to preserve capital while testing high-priority targets identified by previous operators [9] Industry Context - The surge in gold prices is attracting renewed attention to exploration projects in proven districts, with lower-grade zones becoming economically viable [10] - Nevada is recognized as one of the top mining jurisdictions globally, offering favorable conditions for mining operations [10]

VANCOUVER, British Columbia, Oct. 08, 2025 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce production results for the third quarter (“Q3”) of 2025 from its Kainantu Gold Mine in Papua New Guinea. Q3 2025 Production Results Strong quarterly production of 44,323 ounces gold equivalent (“AuEq”)(1) or 42,244 oz gold, 1,323,538 lbs copper and 34,831 oz silver (Figure 1). Quarterly sales of 45,006 oz gold, 1,480,151 lbs copper and 43,271 oz silver. With ...

Core Insights - King Copper Discovery Corp has appointed Mr. Justin Blanchet to its Board of Directors, bringing over 20 years of experience in finance, capital markets, M&A, governance, and regulatory compliance [1][2] - Mr. Blanchet is currently the Chief Financial Officer of K92 Mining Inc., which operates the Kainantu Gold Mine in Papua New Guinea [2] - The company has granted stock options for 4,050,000 common shares at an exercise price of $0.50 per share, valid for five years [3] - Additionally, 6,990,000 restricted stock units (RSUs) have been granted with a two-year vesting period [4] Company Overview - King Copper is a TSXV-listed exploration company focused on the Colquemayo gold-copper project in South America [6]