VANCOUVER, British Columbia, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) (“Xali Gold” or the “Company”) is pleased to announce that on Sunday February 22nd, 2026, the community of Santa Ana authorized the Company to further advance mining exploration activities at the Pico Machay Gold Project (“Pico Machay” or the “Project”) in Peru. “This agreement underscores the strong, constructive relationship we are building together with the community of Santa Ana,” said Joanne Freeze, President and ...

PresentationMichael SteinmannPresident, CEO & Director Thanks, and good afternoon, everyone. Always a pleasure to be here. Normally, it's the nice warm day out there. It's colder here than Vancouver looks like, but I'm sure the sun will come back. Great to give you an update on Pan American Silver. A lot has changed over the last year, of course. And let me just step in there and show you on the plan. Of course, I will use forward-looking statements in my presentation. And we can spend some time here on the ...

TORONTO, Jan. 22, 2026 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that Emperor Metals Inc. has renewed the Duquesne West option by paying Duparquet Assets Ltd. (50% owned by Globex) $1,000,000 CAD (one million dollars) and 3,263,133 Emperor shares (cur ...

Company Overview - Man Group (OTC:MNGPF) is a prominent investment management firm with a diverse range of strategies and global reach [1] - Citigroup maintains a Neutral rating for Man Group and raises the price target to 275 GBp from 190 GBp [1][5] Stock Performance - The current stock price of MNGPF is $2.87, reflecting a 2.05% decrease with a $0.06 change [2] - The stock has a 52-week range between $2.01 and $2.93, indicating some volatility [2][5] - MNGPF has a market capitalization of approximately $3.2 billion [2] Industry Trends - The silver market has experienced a dramatic increase, with silver prices surging nearly 200% over the past year [3] - The price of a one-ounce American Silver Eagle has surpassed $100 at retail, reflecting a significant shift in market perception [3] - The iShares Silver Trust (NYSE: SLV) has seen a 43% increase in the last month, indicating growing interest in silver [4][5] - Silver mining companies, such as First Majestic Silver Corp. (NYSE: AG) and Pan American Silver Corp. (NYSE: PAAS), have benefited from this trend [4]

Core Viewpoint - Zacatecas Silver Corp. is experiencing significant operational progress and regulatory improvements in Mexico, particularly benefiting its Esperanza Gold Project and overall portfolio [1][2]. Group 1: 2025 Progress and Current Portfolio - 2025 marked a revitalization year for the company, positioning it for a catalyst-driven 2026 with key accomplishments [2]. - The company controls a high-quality, resource-backed portfolio anchored by two advanced assets in Mexico, providing leverage to silver and gold [2]. Group 2: Regulatory Developments - A notable shift in Mexico's mining sector occurred with the granting of an open-pit mining permit to Silver Tiger Metals Inc., marking the first new permit since 2020 [5]. - This approval indicates an evolving regulatory environment, potentially opening doors for advanced projects like those of Zacatecas Silver [5][6]. Group 3: Project Details - The Zacatecas Silver Project has an inferred mineral resource of 20.5 million ounces of silver equivalent from 3.41 million tonnes at 187 g/t Ag Eq [4]. - The Esperanza Gold Project has a measured and indicated mineral resource of 30.5 million tonnes at 0.97 g/t AuEq, totaling 956,000 ounces AuEq [4][21]. Group 4: Drilling and Community Engagement - The company is set to commence a 4,000-metre drill program at the Zacatecas Silver Project, focusing on high-priority targets [9][10]. - Community engagement has been a critical success factor, with recent agreements providing secure access for drilling and future exploration [11]. Group 5: Strategic Positioning - The company believes Esperanza is one of the most compelling undeveloped gold assets in Mexico, particularly with the improving permitting environment [12][13]. - The macro backdrop for silver and gold is strengthening, and the company is well-positioned to benefit from these trends [14]. Group 6: CEO Commentary - The CEO highlighted the market's shift towards re-rating high-quality, buildable assets, emphasizing Esperanza's strategic importance in the current landscape [15].

VANCOUVER, British Columbia, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) (“Xali Gold” or the “Company”) is pleased to announce that work has commenced on the recently acquired Pico Machay Gold Project (“Pico Machay” or the “Project”). Xali Gold has commenced field work with the initiation of community engagement in anticipation of starting technical field work and environmental studies for drilling permits this month. “With the acquisition of Pico Machay successfully closed on December 24th ...

Core Insights - Galleon Gold Corp. has made significant progress in 2025, focusing on financing, regulatory approvals, and early-stage development for the West Cache Gold Project in Ontario, aiming to establish a new mine in the Timmins gold camp [1] Financing Achievements - In 2025, Galleon Gold raised a total of $91.5 million, which fully funds the bulk sample program and supports critical de-risking and feasibility work for the West Cache Project. The financing included $15.5 million in convertible debentures, $30 million in equity, and a $46 million senior secured debt facility [2] Regulatory Approvals - The Ontario Ministry of Energy and Mines approved the Company's Closure Plan in April 2025, allowing for the extraction of an 86,500-tonne bulk sample, which is essential for future feasibility studies [3] Strategic Partnerships - Pan American Silver Corp. invested a total of $19.25 million through unsecured convertible debt and equity, and provided a senior secured debt facility of up to $46 million. Additionally, a Memorandum of Understanding was signed with Lake Shore Gold Corp. for toll processing of the bulk sample material [3] Project Economics - Galleon Gold repurchased a 3% net smelter return royalty on West Cache from Newmont Corporation for $11 million, enhancing the project's long-term economic potential by eliminating royalty encumbrances [4] Development Activities - The Company has initiated early development activities, including tree harvesting, road building, and initial hydro line installation, in preparation for further construction contracts in 2026 [5] 2026 Objectives - The Company plans to advance surface infrastructure development, including hydro and power supply, access roads, and water management systems [6] - Underground development will begin, focusing on completing the decline and ramping development necessary for the bulk sample [7] Exploration Strategy - A targeted exploration drill program will be initiated, focusing on infill drilling to define existing resources and exploration drilling to identify new mineralized zones [8][9] Company Overview - Galleon Gold is advancing the West Cache Gold Project with a strategy focused on resource growth and an upcoming bulk sample program, aiming to unlock long-term shareholder value [10]

Core Viewpoint - Xali Gold Corp. has successfully closed the acquisition of the Pico Machay Gold Project in Peru, which is at an advanced exploration stage and aims for near-term production [1][2]. Acquisition Details - The acquisition involved purchasing Minera Calipuy S.A.C., the owner of Pico Machay, from Pan American Silver Corp. and Aquiline Resources Inc. [1] - An initial cash payment of US$500,000 was made to finalize the acquisition, with total cash payments amounting to US$17 million over the next five years [2][4]. - The payment schedule includes deferred payments of US$1.5 million in the first and second years, US$4 million in the third year, US$3 million in the fourth year, and US$4.5 million upon the commencement of commercial production [2][4]. Financial Arrangements - Payments are secured by Promissory Notes and a first-priority Share Pledge Agreement over Calipuy's shares, along with a Mortgage Agreement over both Pico Machay and the Las Brujas II property [3]. - The Promissory Notes do not bear interest before maturity and are guaranteed by Calipuy and Candente Gold Peru S.A.C. [3]. Project Potential - The historical resource estimate for Pico Machay was based on a long-term gold price of US$700 per ounce, indicating significant upside potential in the current gold price environment [2]. - The company plans to update the historical resource estimate and optimize previous engineering studies to advance the project towards production [2]. Mining Rights and Regulations - Calipuy holds 100% interest in 17 mining rights associated with the Pico Machay Project, which are in good standing and valid until 2039 if production has not commenced by then [5]. - There is a 1% Net Smelter Return royalty on the El Alcatraz 4 concession, which is perpetual and covers all metals [6]. Community Engagement - Xali Gold aims to engage with the local Santa Ana community to advance the Pico Machay Project under a mutually beneficial framework [10].

Core Viewpoint - Xali Gold Corp. has successfully closed the acquisition of the Pico Machay Gold Project in Peru, which is at an advanced exploration stage and aims for near-term production [1][2]. Acquisition Details - The acquisition involved purchasing Minera Calipuy S.A.C., the owner of Pico Machay, from Pan American Silver Corp. and its subsidiary Aquiline Resources Inc. [1] - An initial cash payment of US$500,000 was made to finalize the acquisition, with total cash payments potentially reaching US$17 million over the next five years [2][4]. Payment Structure - The payment schedule includes: - US$1.5 million due on December 24, 2026 - US$1.5 million due on December 24, 2027 - US$4 million due on December 24, 2028 - US$3 million due on December 24, 2029 - US$4.5 million due upon the earlier of December 24, 2030, or the commencement of commercial production - An additional US$2.5 million contingent payment if mineral reserves exceed 1.25 million ounces [2][3][4]. Security and Guarantees - Payments are secured by Promissory Notes, a Share Pledge Agreement over Calipuy's shares, and a Mortgage Agreement over both Pico Machay and the Las Brujas II property [3]. - The Promissory Notes are guaranteed by Calipuy and Candente Gold Peru S.A.C., and do not accrue interest before maturity [3]. Project Potential - The historical resource estimate for Pico Machay was based on a long-term gold price of US$700 per ounce, indicating significant upside potential in the current gold price environment [2]. - The company plans to update the historical resource estimate and optimize previous engineering studies to advance the project towards production [2]. Mining Rights and Regulations - Calipuy holds 100% interest in 17 mining rights associated with the Pico Machay Project, all of which are in good standing and valid until 2039 if production has not commenced [5]. - There is a 1% Net Smelter Return royalty on the El Alcatraz 4 concession, which is perpetual and covers all metals [6]. Community Engagement - Xali Gold aims to engage with the local Santa Ana community to advance the Pico Machay Project under a mutually beneficial framework [10].

Core Viewpoint - Xali Gold Corp. has successfully closed the first tranche of a non-brokered private placement, raising gross proceeds of C$1.5 million, which will facilitate the acquisition of the Pico Machay Gold Property and support exploration and working capital needs [1][2][3]. Group 1: Private Placement Details - The first tranche of the private placement raised C$1.5 million, with a second tranche of up to C$0.5 million expected to close in early January 2026 [1][2]. - A total of 15,000,000 units were issued at a price of $0.10 per unit, each consisting of one common share and one-half of a common share purchase warrant [3]. - Each warrant is exercisable for one additional share at a price of C$0.20 for 18 months, with an accelerated expiry provision if the share price exceeds C$0.30 for 10 consecutive trading days [3]. Group 2: Use of Proceeds - The net proceeds from the private placement will cover a US$500,000 payment to Pan American Silver Corp. for the acquisition of the Pico Machay Gold Property [2]. - Additional proceeds will be allocated to the exploration of Pico Machay and for general corporate purposes [2]. Group 3: Acquisition of Pico Machay - The acquisition of Pico Machay involves purchasing Minera Calipuy S.A.C., which wholly owns the property, from Pan American and its subsidiary [7]. - The acquisition is expected to close shortly and is subject to final approval from the TSX Venture Exchange [7]. Group 4: Related Party Transactions - Two directors of the company participated in the private placement, which is classified as a related party transaction [5]. - The issuance of units to the directors is exempt from certain valuation and minority shareholder approval requirements under Canadian regulations [5]. Group 5: Company Overview - Xali Gold is focused on gold and silver exploration in the Americas, with a particular emphasis on the Pico Machay project, which is in the advanced exploration stage and has a near-term production goal [8][9]. - The company also holds two royalty agreements related to gold and silver production from the El Oro project in Mexico [9].