Core Viewpoint - Liberty Gold Corp. has successfully closed a private placement with Centerra Gold Inc., resulting in Centerra acquiring 9.9% of Liberty Gold's common shares, which signifies a strategic investment and endorsement of Liberty Gold's flagship Black Pine project [1][4]. Group 1: Private Placement Details - Centerra acquired 50,025,230 common shares of Liberty Gold at a price of C$0.56 per share, generating gross proceeds of approximately C$28.01 million [2]. - The issue price represented a 10% premium to the 5-day volume weighted average price of the common shares prior to the announcement [2]. - The net proceeds from the placement will be utilized for advancing technical studies at the Black Pine project and for general corporate purposes [3]. Group 2: Strategic Implications - The investment by Centerra is viewed as a significant milestone for Liberty Gold, validating the progress made in de-risking and advancing the Black Pine project [4]. - An investor rights agreement has been established, granting Centerra customary rights, including financing participation rights and the right to nominate one director to Liberty Gold's board [4]. Group 3: Company Overview - Liberty Gold focuses on developing open pit oxide deposits in the Great Basin, a region known for its prolific gold production [5]. - The Black Pine project is characterized as a past-producing, Carlin-style gold system with strong economic potential for profitable open-pit mining [5].

Core Viewpoint - Grid Battery Metals Inc. has completed the second phase of its fall exploration program on its Gold-Copper mineral project in Central British Columbia, focusing on the Jupiter and Starlight claim blocks, which are considered high-priority targets for further exploration [1][4][13]. Exploration Program Details - The 2025 exploration program aimed to evaluate the "Work Area 15" target, identified as a high-priority geochemical anomaly from previous work, with a focus on geological context and rationale [4][5]. - The program included detailed prospecting and rock sampling on the ridge-top anomaly and first-pass soil and rock sampling in the cirque basin below Work Area 15 [6]. Jupiter Claim Block Findings - In the Jupiter Claim Block, additional work involved collecting 25 B-horizon soil samples, silt, and rock samples, with the area containing outcrops of phyllite hosting numerous quartz veins [3][4]. - The exploration targeted a high-priority geochemical anomaly with significant values in pathfinder elements such as Ag, Cu, Mn, and Pb, identified in a previous exploration program [4]. Starlight Claim Block Findings - At the Starlight Claim Block, reconnaissance prospecting and sampling resulted in the collection of 72 rock samples and 24 soil samples, confirming the presence of various intrusive rocks and styles of alteration [11]. - Observations of copper mineralization included malachite, chalcocite, bornite, and chalcopyrite, often associated with altered intrusive rocks [11]. Strategic Positioning - The company's land package is strategically located near several promising projects in British Columbia, including the Mount Milligan mine, which has produced over 1.8 million ounces of gold and 742 million pounds of copper [13][17]. - The region is recognized for its mining-friendly jurisdiction and good infrastructure, making it an attractive area for exploration [13]. Future Plans - The company expects assay results by the end of fall 2025 and plans to devise next exploration steps based on these results [13].

Company Announcement - Headwater Gold Inc. has appointed Mr. David Cross as Chief Financial Officer effective immediately [1] - Mr. Cross is a Chartered Professional Accountant with 28 years of accounting experience, primarily in the mining and mineral exploration sector [2] - The company expresses gratitude to former CFO Mr. Philip Yee for his contributions [2] Company Overview - Headwater Gold Inc. is a mineral exploration company focused on discovering high-grade precious metal deposits in the Western USA [3] - The company is exploring in mining-friendly jurisdictions and aims to make world-class precious metal discoveries [3] - Headwater has a large portfolio of epithermal vein exploration projects and a technical team with diverse experience [3] - The company is actively drill-testing several projects in Nevada and has strategic earn-in agreements with Newmont on its Spring Peak and Lodestar projects [3] - Newmont and Centerra Gold Inc. have acquired strategic equity interests in the company, enhancing its exploration capabilities [3]

Vancouver, British Columbia--(Newsfile Corp. - September 16, 2025) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") announces that, further to its press release dated September 10, 2025, the Company, Sumitomo Metal Mining Canada Ltd. ("Sumitomo") and Centerra Gold Inc. ("Centerra"), have completed the exercise of Sumitomo's and Centerra's 'top-up right' to retain its 10.1% and 9.9% interest in the Company, respectively, as granted within the investor rights ag ...

Core Viewpoint - Centerra Gold Inc. has announced a Pre-Feasibility Study (PFS) for its Mount Milligan mine, confirming a life of mine (LOM) extension to 2045, driven by strategic investments and exploration efforts [1][2]. Group 1: LOM Extension and Production Metrics - The PFS indicates a LOM extension of approximately 10 years, with average annual production from 2026 to 2042 expected to be around 150,000 ounces of gold and 69 million pounds of copper [6][8]. - Total gold production over the mine life is projected to be 2,791,000 ounces, with total copper production estimated at 1,282 million pounds [4][6]. - The average gold grade is expected to be 0.28 grams per tonne (g/t) and the average copper grade is projected at 0.16% [4][28]. Group 2: Capital Expenditures and Economic Outlook - Total capital expenditures over the LOM are estimated at $925 million, with non-sustaining capital expenditures of $186 million planned, primarily for a second tailings storage facility and process plant upgrades [4][21]. - The after-tax Net Present Value (NPV) at a 5% discount rate is approximately $1.5 billion based on long-term commodity price assumptions, increasing to about $2.1 billion at spot prices [4][50]. Group 3: Mineral Reserves and Exploration Potential - An updated mineral reserve estimate shows a total of 483.2 million tonnes, containing 4.4 million ounces of gold and 1.7 billion pounds of copper, representing a 56% increase in gold reserves and a 52% increase in copper reserves compared to the end of 2024 [6][28]. - Ongoing exploration efforts have confirmed mineralization extending to the west of the current resource pit, indicating potential for further resource expansion [2][35]. Group 4: Environmental and Operational Improvements - The mine will utilize in-pit dumping of potentially acid-generating waste to reduce environmental impact and optimize tailings storage capacity [10][11]. - Operational improvements are expected to increase mining rates to 200,000 tonnes per day at certain points during the LOM, with a modest fleet expansion required [11][12]. Group 5: Community and Regulatory Aspects - Mount Milligan has been designated as a provincial priority project by the British Columbia government, which supports a more streamlined permitting process [47][48]. - The extended LOM is anticipated to provide consistent employment for over 1,000 workers and enhance business opportunities for First Nations and surrounding communities [49].

Core Viewpoint - Kenorland Minerals Ltd. announces the exercise of 'top-up rights' by Sumitomo Metal Mining Canada Ltd. and Centerra Gold Inc. to maintain their respective ownership interests in the company through the issuance of common shares [1][2]. Group 1: Share Issuance Details - A total of 51,805 common shares will be issued at a price of $2.028 per share, amounting to an aggregate consideration of $105,060.54, pending approval from the TSX Venture Exchange [2]. - Sumitomo will receive 26,162 common shares to retain a 10.1% interest, while Centerra will receive 25,643 common shares to maintain a 9.9% interest in Kenorland [2]. Group 2: Company Overview - Kenorland Minerals Ltd. is a mineral exploration company focused on project generation and early-stage exploration in North America, primarily financed through exploration partnerships [3]. - The company holds a 4% net smelter return royalty on the Frotet Project in Quebec, which is owned by Sumitomo Metal Mining Canada Ltd. [3].

Core Insights - ONGold Resources Ltd. has initiated an infill sampling program at the Monument Bay deposit to recover previously unassayed tungsten and gold intervals, which could significantly enhance future resource estimates [2][4][8] - The current market price for tungsten oxide is reported at US$42,313 per metric tonne, indicating a rising global demand for tungsten [2][22] - Historical drilling has shown significant gold-tungsten intercepts, with many gold assays not previously analyzed for tungsten, highlighting the potential for resource expansion [5][21] Company Developments - The infill sampling program aims to analyze over 13,400 preserved sample pulps for tungsten, which are located within the modeled gold domain of Monument Bay [4][8] - CEO Kyle Stanfield emphasized the importance of this initiative in unlocking the full potential of the Monument Bay deposit, positioning it as a multi-commodity asset [8] - Historical data indicates that previous operators only assayed 10% of the split core for tungsten, suggesting substantial untapped resource potential [2][4] Industry Context - Tungsten is classified as a "High-Demand Critical Mineral" due to its unique properties and applications in various industries, including aerospace and medical [3] - North America currently lacks active primary tungsten mining operations, with China dominating over 80% of global production [22] - The Sisson Tungsten-Molybdenum Project in New Brunswick is one of the most advanced tungsten exploration initiatives in Canada, indicating a growing interest in tungsten resources [23]

Core Viewpoint - Azimut Exploration Inc. has discovered a significant gold-bearing zone named the "Rosa Zone" on its Wabamisk Property in the James Bay region of Québec, characterized by high-grade gold results and visible gold occurrences, leading to an expedited transition to drilling planned for fall 2025 [2][3][4]. Summary by Relevant Sections Discovery and Characteristics - The Rosa Zone is outlined over a minimum 700-metre strike with consistent high-grade gold results over 300 metres, featuring visible gold at more than 10 locations along the western part of the zone [3][6]. - Notable results include 29 grab and channel samples with grades above 1.0 g/t Au, including 14 samples exceeding 5.0 g/t Au, with the highest grade reaching 42.0 g/t Au [6]. Geological Context - The zone is situated in the Archean greenstone belt of the La Grande Subprovince, close to the tectono-metamorphic boundary with the Opinaca Subprovince, and is characterized by a shear-hosted quartz vein system [6][9]. - The geometry of the Rosa Zone indicates it is at least 5 to 10 metres thick, with a steep dip to the south and a preliminary definition of a second subparallel gold-bearing trend striking 250 metres south of Rosa [6][9]. Exploration and Development Plans - A follow-up program is scheduled prior to drilling, including mechanical stripping of trenches to further define the zone's geometry [7][8]. - Azimut has made three substantial field discoveries on the Wabamisk Property since regaining full control in 2024, with ongoing exploration programs for other targets in the vicinity, including the Fortin Zone and lithium potential in the Wabamisk East Property [4][8][14]. Company Overview - Azimut Exploration Inc. is recognized for its extensive mineral exploration portfolio in Québec, focusing on gold, copper, nickel, and lithium, and is known for its innovative approach to target generation and partnership development [13][16]. - The company maintains a strong balance sheet and rigorous financial discipline, with strategic investments from major shareholders including Agnico Eagle Mines Limited and Centerra Gold Inc. [17].

Core Viewpoint - Questcorp Mining Inc. has completed 25% of its maiden drilling program at the La Union Gold & Silver Project in Mexico, indicating progress in exploration efforts aimed at identifying significant gold deposits [1][3]. Exploration Progress - The company is leveraging recent exploration work by Riverside Resources Inc. to enhance understanding of the geological structure and stratigraphy at La Union, focusing on a large potential gold discovery [3][4]. - The initial drilling program consists of 1,200 to 1,500 meters, with 300 meters already completed, targeting carbonate-hosted replacement deposits (CRD) [8][12]. Financial Commitment - Questcorp has committed an initial C$1,000,000 for the exploration program, part of a larger C$5,500,000 work commitment contingent on exploration results [5][16]. Drilling Targets - The drill program targets four main areas: Union Main Mine Area, North Union Mine Area, Cobre Mine Area, and Central Union Area, focusing on structural interpretations and mineralization potential [6][15]. - The program aims to evaluate the scale of alteration and indications of a mineralized system, with follow-up drilling planned based on initial results [6][11]. Geological Context - The La Union Project is characterized as a carbonate replacement deposit hosted by Neoproterozoic sedimentary rocks, with significant historical mining activity indicating potential for large-scale discoveries [12][10]. - Historical mining targeted upper oxide zones, suggesting that underlying sulfide zones are compelling drill targets for further exploration [11][12].

Core Points - Dryden Gold Corp. has successfully closed its upsized non-brokered equity financing, raising a total of $7,820,120 through the issuance of 31,721,667 common shares [1][2] - Centerra Gold Inc. exercised its 'top-up right' to maintain a 9.9% interest in Dryden Gold, as per the investor rights agreements [2] - The proceeds from the financing will be allocated to drilling and regional field work on the Dryden Gold Property, qualifying as eligible resource exploration expenses under Canadian tax laws [3] Financing Details - The financing consisted of three types of shares: 9,216,667 flow-through common shares (FT Shares) at $0.24 each, 13,180,000 charity flow-through common shares (CFT Shares) at $0.284 each, and 9,325,000 hard dollar common shares (HD Shares) at $0.20 each [1] - The total proceeds from FT Shares were approximately $2,212,000, from CFT Shares were about $3,743,120, and from HD Shares were around $1,865,000 [1] Use of Proceeds - Gross proceeds from FT Shares and CFT Shares will fund additional drilling and field work on the Dryden Gold Property, qualifying as Canadian exploration expenses and flow-through mining expenditures [3] - Proceeds from HD Shares will be used for working capital, general and administrative expenses, and marketing [3] Insider Participation - The CEO of Dryden Gold subscribed for 250,000 HD Shares, while the VP of Exploration subscribed for $50,000 worth of HD Shares [4] - The issuance of HD Shares to insiders is classified as a related party transaction, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [4] Regulatory Compliance - The share issuance is subject to final acceptance by the TSX Venture Exchange and compliance with applicable regulatory requirements [5] - The financing was conducted under the Listed Issuer Financing Exemption, meaning it will not be subject to a hold period under Canadian securities laws [5]