Vancouver, British Columbia--(Newsfile Corp. - January 5, 2026) - West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") is pleased to report the highlights from what was a transformative 2025 and an update on its 2026 plans."2025 was a transformative year for West Point Gold. Our team delivered significant exploration results at Gold Chain, increasing our exploration target and adding to the Company's Nevada portfolio with the Baxter Spring acquisition," stated D ...

VANCOUVER, British Columbia, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Terra Rossa Gold Ltd. (the “Company”) (TSXV: TRR) is pleased to announce the launch of its newly redesigned website, reflecting the Company’s evolution as it advances the well established and exciting Minera Veta Gold Project in Colombia. The website will serve as a central hub for updates on Terra Rossa Gold milestones, including advancements in its Veta's Gold Project, exploration results, and key corporate developments. Visit the new website ...

Activist short-seller Carson Block shot to fame when he wrote a damning report on the Chinese forest operator Sino-Forest. He founded Muddy Waters Research, the investment research firm, which took up the mantle of looking “through appearances to a Chinese company’s true worth.” Contrary to his usual stance, Block took a rare bullish position on Canadian junior miner Snowline Gold (SNWGF). The renowned short-seller believes that the company has made a “first-of-its-kind” discovery in the Yukon territory o ...

Core Viewpoint - Allied Gold Corporation is advancing its exploration and development activities at the Kurmuk mine in western Ethiopia, emphasizing the potential for significant mineral resource growth and production capacity expansion [1][2]. Exploration Program and Highlights - The Kurmuk mine is located within the Arabian-Nubian Shield, approximately 500 kilometers from Addis Ababa, and is expected to start operations in mid-2026, targeting an average production of approximately 290,000 gold ounces per annum over the first four years at All-In Sustaining Costs (AISC) below $950 per ounce [2][3]. - Initial Proven and Probable Mineral Reserves are estimated at 2.7 million ounces, with Measured and Indicated Mineral Resources at 3.1 million ounces [3][19]. - The five-year exploration goal aims to increase Mineral Resources to 5 million ounces, with a target of adding over 1.5 million ounces in addition to the current inventory [3][18]. Drilling and Resource Expansion - Recent drilling activities have focused on infill drilling at Dish Mountain and exploration of Northern Prospects, with significant intersections of gold mineralization reported [5][24]. - The exploration plan includes expanding existing Mineral Resources near Ashashire and Dish Mountain, with a focus on higher-grade zones [4][8]. - The company aims to extend the mine life to a minimum of 15 years and sustain higher production levels beyond the initial four years [8][19]. Target Areas and Future Plans - Key target areas include Ashashire, Tsenge, Dul Mountain, and Urchin, with specific three- to five-year targets set for each area [9][66]. - The exploration program has identified over five additional target areas with known gold mineralization, which could contribute to future Mineral Resources and Reserves [20][71]. - A drone magnetic survey and deep-penetrating IP surveys are planned to further define the extents of the mineralized systems [27][20]. Technical Discussion - The current Mineral Reserves at Ashashire and Dish Mountain total 2.74 million ounces at a grade of 1.41 g/t Au, while Measured and Indicated Mineral Resources total 3.12 million ounces at 1.68 g/t Au [19][22]. - Gold mineralization is primarily hosted in quartz-carbonate-pyrite veins associated with sheared lithological contacts, with visible gold occurrences noted at several deposits [22][33]. Summary of Recent Drilling Results - Significant drill results include multiple intersections at Dish Mountain and Tsenge, with grades exceeding reserve grades in some areas [10][12][14]. - The exploration results indicate a high prospectivity for the land package, with ongoing work expected to enhance the mineral inventory [18][21].

Core Insights - Lake Victoria Gold Ltd. (LVG) provided an update on Q3 2025 exploration activities conducted on licenses sold to Bulyanhulu Gold Mine Limited, a joint venture between Barrick Mining Corporation and the Government of Tanzania [1][2] Exploration Activities - Bulyanhulu advanced its exploration program to refine geological models and evaluate the potential for discovering new mineralized systems within the Tembo Inlier portfolio [2] - Key activities included the completion of a GAIP geophysical survey and the initiation of aircore drilling [3] Financial Overview - As of September 30, 2025, cumulative project expenditures reached US$6,659,397 out of a proposed US$9,000,000 under the Asset Purchase Agreement (APA) [4] Drilling Progress - Bulyanhulu completed 94 line-km of GAIP surveying, with results being integrated into updated structural interpretations [5] - A geochemical aircore drilling program commenced at the Enze target, with 19 holes totaling 419m completed out of a planned 945-hole, 30,750m program [5] - Planning for diamond and RC drilling along the Itetemia trend is underway, focusing on identifying potential repetitions of the Reef 1 and Reef 2 horizons [5] Strategic Context - Under the APA, LVG may receive up to US$45 million in contingent payments from Barrick, contingent on future discoveries or resource thresholds on the licenses [6] Management Insights - Management expressed confidence in the systematic approach taken by Barrick to unlock the Tembo geology, highlighting the potential for significant discoveries [7] - The ongoing progress at Tembo is seen as reinforcing the long-term potential of this strategic asset [7] Future Plans - Bulyanhulu plans to continue aircore drilling through Q4 2025, with diamond and RC drilling programs expected to be completed in the same quarter [10]

Core Insights - Omai Gold Mines Corp. has reported positive assay results from its drilling activities at the Omai Gold Project in Guyana, highlighting significant gold mineralization in two exploration targets near the Wenot and Gilt Creek deposits [1][4][32] - The company is currently operating five drilling rigs at the Wenot deposit, aiming to complete an additional 8,000 meters of drilling by the end of the year [2][4] Exploration Results - The BBH target drilling results include hole 25ODD-131, which returned 20.33 g/t Au over 5.3m, including 35.61 g/t Au over 3m, and hole 25ODD-135, which returned 2.72 g/t Au over 16.3m, including 9.05 g/t Au over 4m [6][17] - The Camp Zone target has also shown promising results, with significant intersections such as 2.05 g/t Au over 7.5m and 0.85 g/t Au over 12.7m [17][19] Drilling Activities - A total of 64 drill holes have been completed in 2025, totaling 30,297 meters, with ongoing drilling at the Wenot deposit [1][4] - The deep hole 25ODD-122 reached a depth of 2,014m, intersecting approximately 280m of the Wenot shear corridor at a depth of about 1,120m, indicating potential for further resource expansion [2][20] Future Plans - The company plans to further model the identified exploration targets to guide additional drilling, aiming to define satellite deposits that could enhance early cash flow and overall net present value (NPV) [4][32] - An updated Preliminary Economic Study (PEA) is scheduled for H1 2026, which will incorporate the expanded Wenot open pit deposit and adjacent Gilt Creek underground deposit [32]

Core Viewpoint - 0749116 B.C. Ltd. (dba Terra Rossa Gold Ltd.) has successfully listed on the TSX.V under the symbol TRR, enabling the company to resume exploration and development of its Vetas Gold Project in Santander, Colombia, where it holds 100% ownership [2][3]. Company Overview - The company is focused on gold exploration and development, with a well-financed structure and an experienced team in place [17]. - A local exploration and administration team operates in Colombia, along with a community relations office in Vetas [17]. Vetas Gold Project Details - The Vetas Gold Project is located in the Vetas-California Mining District, approximately 70 km northeast of Bucaramanga, Colombia, covering an area of about 313.9 hectares [14][4]. - The project has a history of gold mining dating back to the seventeenth century, with modern exploration initiated by CB Gold from 2009 to 2013 [4][5]. Exploration and Drilling History - Between 2010 and 2013, a total of 162 diamond drillholes were completed, totaling 71,035 meters, revealing several high-grade gold and silver veins [3][4]. - Notable assay results include: - Drillhole ED-DDH12-106A: 19.83 g/t Au and 10.6 g/t Ag over 3.3 m [3]. - Drillhole AR-DDH11-06: 506.69 g/t Au and 89.7 g/t Ag over 0.74 m [3]. - Drillhole RM-DDH12-11: 78.14 g/t Au and 12.66 g/t Ag over 3.31 m [3]. Future Plans - The company plans to advance the Vetas Project with an extensive underground sampling and drilling program aimed at better understanding and expanding high-grade vein resources [5]. - Initial work will include compiling existing data, detailed underground mapping, and prioritizing targets for further drilling [5].

Core Viewpoint - West Point Gold Corp. announces strong ongoing drill results from its 10,000 metre drill program at the Gold Chain Project in Arizona, confirming the project's growing potential [1][3]. Drilling Program Overview - The initial phase of the 10,000-metre drill program has commenced, with 1,177 metres completed across 15 holes at the Tyro Main Zone, aimed at establishing a data foundation for a maiden resource estimate [2]. - The drill program is designed to define the vein's upper widths and grade over approximately 1 kilometre of strike [8]. Drill Results - Hole GC25-69 intersected 76.2 metres of 1.92 g/t Au, including 32.0 metres of 3.17 g/t Au, while Hole GC25-68 intersected 85.3 metres of 1.38 g/t Au, including 59.4 metres of 1.79 g/t Au [5][7]. - The results indicate a continuous and robust broad zone of gold-bearing quartz veins from the surface downward, with assay results pending for an additional 13 completed holes (approximately 1,000 metres) [5][8]. CEO Statement - The CEO, Quentin Mai, stated that the results demonstrate impressive grades and confirm the ongoing expansion of the Tyro Main Zone, linking high-grade surface sampling with deeper drilling [3]. Geological Context - The drilling has confirmed vein continuity between deeper holes and surface exposures, supporting the potential for further resource development [9][10]. Company Background - West Point Gold Corp. is focused on gold discovery and development at four projects in the Walker Lane Trend, with a particular emphasis on developing a maiden resource at the Gold Chain project in Arizona [13].

Core Viewpoint - Cabral Gold Inc. has expanded the gold-in-oxide blanket at the PDM target by 50%, indicating a significantly larger resource base, and has discovered two new zones of primary gold mineralization in the Cuiu Cuiu Gold District [3][15]. Group 1: Drill Results and Resource Expansion - Recent drilling results from 10 RC drill holes and 6 diamond drill holes have confirmed the expansion of the gold-in-oxide mineralized blanket from 0.26 km² to 0.39 km², representing a 50% increase [5][15]. - The number of NW trending primary mineralized zones at PDM has increased from two to four, with these zones remaining open along strike to the north and south [3][5]. - Significant drill results include 6m @ 2.74 g/t gold from 9m depth in hole RC0579, which includes 1m @ 13.06 g/t gold from 10m depth [5][13]. Group 2: Ongoing Drilling and Future Targets - Drilling is currently in progress at the previously untested Mutum target, where surface trenches have shown gold values averaging 0.9 to 1 g/t [3][15]. - Additional drilling is also taking place at the Machichie and Machichie NE targets, with previous results indicating high-grade intercepts [16][21]. Group 3: Financial and Operational Updates - The construction capex for the gold-in-oxide starter operation is estimated at US$37.7 million, with a post-tax IRR of 78% and an NPV of US$73.9 million based on a gold price of US$2,500 per ounce [21]. - The company is focused on securing construction financing while completing detailed engineering for the project and building its construction and operating team [22]. Group 4: Company Overview - Cabral Gold Inc. is a junior resource company focused on the exploration and development of gold properties in Brazil, particularly in the Cuiú Cuiú gold district [23]. - The Cuiú Cuiú project has defined three main gold deposits with NI 43-101 compliant resources totaling 12.29 million tonnes at 1.14 g/t gold in fresh basement material and 13.56 million tonnes at 0.50 g/t gold in oxide material [23].

Core Viewpoint - First Nordic Metals Corp. has announced an upsized private placement to raise gross proceeds of up to C$68 million and is acquiring Mawson Finland Limited, consolidating a significant gold exploration portfolio in Sweden and Finland [1][2][3][4]. Group 1: Private Placement Details - The Concurrent Private Placement has been increased to raise gross proceeds of up to C$68 million by issuing up to 178,947,368 subscription receipts at a price of C$0.38 each [2]. - A brokered private placement is also being conducted, aiming to raise up to C$12 million through the issuance of 31,578,947 subscription receipts at the same price [1][2]. Group 2: Transaction Overview - First Nordic has entered into an arrangement agreement to acquire all outstanding common shares of Mawson Finland Limited, which will result in the formation of NordCo Gold [3]. - The transaction will consolidate a large gold development and exploration portfolio, including First Nordic's Barsele Joint Venture Project and Mawson's Rajapalot Project [4]. Group 3: Share Consolidation and Ownership Structure - Following the transaction, First Nordic's shares will be consolidated on a 4-for-1 basis, reducing the outstanding shares from approximately 318.2 million to about 79.6 million [5]. - Post-transaction, current First Nordic shareholders are expected to own approximately 46%, Mawson shareholders about 23%, and subscribers under the offerings around 31% of NordCo Gold [5]. Group 4: Use of Proceeds - The total gross proceeds of up to C$80 million from the offerings will be allocated for exploration programs, transaction-related costs, and general corporate purposes [7].