Core Viewpoint - Defiance Silver Corp. has received environmental authorization from Mexico's SEMARNAT to conduct exploration drilling at the Victoria target within its Green Earth Project in Sonora, Mexico [1][2]. Group 1: Environmental Approval - The Informe Preventivo, which is the environmental authorization required for exploration drilling, has been approved, reflecting the company's commitment to responsible exploration and environmental stewardship [2]. - The approval grants a drilling permit valid for 36 months, allowing for up to 89 drill pads and the construction of new access roads, contingent upon compliance with environmental terms [2]. Group 2: Project Significance - The Victoria copper project is highlighted as a significant opportunity for drilling a large-scale copper-molybdenum target, featuring surface mineralization, hydrothermal alteration, and promising geophysical data [3]. - The updated drilling permit enables the company to advance its activities at the Victoria project [3]. Group 3: Company Overview - Defiance Silver Corp. is focused on advancing its projects, including the Zacatecas project and the Tepal Gold/Copper Project, through capital-efficient exploration aimed at resource growth and new mineral discoveries [4].

Core Viewpoint - Novo Resources Corp. is undertaking a capital raising through a proposed placement of securities to raise gross proceeds of approximately C$5,800,000 (approximately A$6,000,000) [1] Group 1: Placement Details - The Placement will consist of up to 59,100,000 units, with units priced at C$0.10 per share and Chess Depository Interests (CDIs) priced at A$0.105 per CDI [2] - Each unit will include one share and one-half of a share purchase warrant, with warrants having an exercise price of C$0.15 and expiring three years from the issue date [3] - The issue price for the units represents a 25% discount to the market price on the Toronto Stock Exchange, while the CDIs represent a 19.2% discount to the last closing price on the ASX [6] Group 2: Use of Proceeds - Proceeds from the Placement are intended to support exploration activities in the Pilbara region of Western Australia and at the Belltopper Gold Project in Victoria, as well as for general working capital [7] Group 3: Securities and Approvals - All securities issued under the Placement will be subject to a four-month hold period, and the Placement does not require shareholder approval in Australia or Canada [8] - The Lead Managers will receive up to 8,273,557 unlisted broker options, subject to shareholder approval at the Company's AGM planned for June 2026 [9] Group 4: Company Overview - Novo Resources is an Australian-based gold explorer focused on discovering standalone gold and copper projects with over 1 million ounces of development potential, covering approximately 4,160 square kilometers in the Pilbara region [14] - The company is advancing its exploration projects, including the Egina Gold Camp and the Belltopper project, and has formed a lithium joint venture with SQM in the Pilbara [15][16]

Core Viewpoint - Pacifica Silver Corp. has increased its brokered private placement offering to raise up to $20,010,000 due to strong investor demand, consisting of 13,800,000 common shares priced at $1.45 each [1][2]. Group 1: Offering Details - The offering includes an option for agents to sell an additional 15% of the offering, potentially raising an extra $3,001,500 [2]. - The net proceeds will be allocated to exploration and drilling activities at the Claudia Project in Durango, Mexico, as well as for working capital and general corporate purposes [2]. Group 2: Regulatory and Compliance Information - The common shares will be issued under the 'listed issuer financing exemption' and will not be subject to resale restrictions under applicable Canadian securities laws [3]. - The offering is expected to close around January 23, 2026, pending necessary approvals from the Canadian Securities Exchange and other regulatory authorities [5]. Group 3: Company Overview - Pacifica Silver Corp. is a Canadian resource company focused on its 100% owned Claudia Project, which spans 11,876 hectares in the historic El Papantón Mining District [8]. - The project has shown high-grade silver and gold intercepts from historical sampling and drilling, with only about 10% of known veins drilled to date, indicating significant potential for new discoveries [8].

Core Viewpoint - Tocvan Ventures Corp. has appointed Anna Ladd-Kruger as an independent director to its Board of Directors, bringing extensive experience in the mining industry and a strong focus on governance and ESG [1][4]. Company Overview - Tocvan Ventures Corp. is an exploration and near-term producer focused on advancing gold and silver projects in Sonora, Mexico, holding a 100% interest in over 21 km² of prospective ground [13]. - The company is advancing its flagship Gran Pilar Gold-Silver Project, which has shown significant exploration success, including near-surface drilling results of 3.1 meters at 19.4 g/t Au [13]. Leadership Appointment - Anna Ladd-Kruger has over 25 years of executive leadership experience in the mining sector, having held key roles at various prominent mining companies [2][3]. - Her previous positions include Chair of the Board and Audit Chair at Integra Resources Corp., and Independent Director and Audit Chair at SilverCrest Metals Inc., where she was involved in a US$1.7 billion acquisition [2]. Stock Options Grant - Tocvan's Board of Directors has approved a grant of 300,000 stock options to Anna Ladd-Kruger at an exercise price of $1.18 per share, with 150,000 options vesting immediately and the remaining 150,000 vesting in twelve months [4]. Exploration Highlights - Recent drilling highlights from the Gran Pilar project include: - 83.5 meters at 1.3 g/t Au, including 9.7 meters at 10.3 g/t Au [10]. - 106.8 meters at 0.6 g/t Au, including 3.1 meters at 19.4 g/t Au [10]. - The project has shown robust metallurgical results, with gold recovery rates up to 99% and silver recovery rates up to 97% [13]. Market Position - Tocvan Ventures is positioned for growth in a favorable market environment, buoyed by record-high gold prices and a strategic capital plan to enhance its exploration and development initiatives [13].

Core Viewpoint - Dryden Gold Corp. announces significant developments including a top-up right exercise by Centerra Gold and a non-brokered private placement aimed at funding exploration activities in 2026 [1][3]. Group 1: Centerra Gold's Top-Up Right - Centerra Gold intends to exercise its 'top-up right' to maintain a 9.99% interest in Dryden Gold, subject to TSX Venture Exchange approval [1]. - This action is in accordance with the investor rights agreement dated December 17, 2024, between Dryden Gold and Centerra Gold [1]. Group 2: Private Placement Offering - Dryden Gold is conducting a non-brokered private placement of 2,350,000 charity flow-through common shares at a price of $0.425 per share, aiming for gross proceeds of $998,985 [3]. - The proceeds will be allocated to eligible resource exploration expenses qualifying under Canadian tax regulations [4]. Group 3: Exploration Plans for 2026 - The company plans to significantly expand its exploration program in 2026, with drilling estimated at 23,000 to 25,000 meters and a budget increase of 75-100% [5][6]. - The exploration efforts will focus on expanding the district-scale potential of its 70,000-hectare land package in northwest Ontario [6]. Group 4: Company Overview - Dryden Gold Corp. is focused on discovering high-grade gold mineralization and controls a strategic land position in the Dryden District of Northwestern Ontario [9]. - The property includes historic gold mines and has potential for high-grade mineralization along a 50 km strike length [9].

Core Insights - Armory Mining Corp. has initiated planning for a phase one exploration program at the Ammo antimony-gold project in Nova Scotia, Canada [1][3] - The Ammo project encompasses over 3,000 hectares and is adjacent to the historical West Gore antimony-gold mine, which produced these minerals prior to World War I [2] - The initial phase will involve prospecting, reconnaissance, sampling, and geophysics, with a budget of up to $500,000 CAD allocated for this exploration [3] Company Overview - Armory Mining Corp. focuses on minerals critical to the energy, security, and defense sectors [6] - The company holds an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia, along with an option to acquire a 100% interest in the Ammo project [6] Strategic Goals - The CEO emphasized the importance of identifying domestic sources of critical minerals and advancing current assets [4]

Core Viewpoint - Collective Metals Inc. has signed a non-binding Letter of Intent to acquire a 75% interest in the Rocas Uranium Project, located in the eastern Athabasca Basin, which is significant for Canadian uranium exploration and production [1][3]. Project Overview - The Rocas Project spans 4,002 hectares and is situated 75 kilometers southwest of the Key Lake Mine and Mill facilities [7]. - The project features over 7.5 kilometers of exploration strike length along a magnetic low trend, with uranium mineralization identified at the surface [5][7]. - Historical mineralized outcrop grab samples along approximately 900 meters of strike length have been recorded, grading up to 0.50 wt.% U3O8, with no prior drilling conducted [5][7]. Exploration Potential - A high-resolution ground gravity survey completed in 2024 has identified potential alteration halos and high-priority exploration targets along well-defined structural corridors [5][9]. - Four new drill target zones have been established based on the confluence of low gravity anomalies, historical surface mineralization, lakebed geochemical anomalies, EM conductors, and cross-cutting fault zones [12]. Financial Terms of the Option Agreement - The proposed option agreement includes cash payments, share issuances, and exploration expenditures over three years, totaling $225,000 in payments, $725,000 in shares, and $4,500,000 in exploration expenditures [13]. - The Optionors will act as the operator of the project for the first three years, charging a fee that starts at 10% in Year 1 and increases to 12% in Years 2 and 3 [14]. Joint Venture Intent - The parties intend to form an unincorporated joint venture for the further development of the Rocas Project, with the LOI being non-binding and subject to the finalization of definitive documentation [15].

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 Insights - Minaurum Gold Inc. has mobilized four drill rigs for its 10,000-meter infill drill program at the Alamos Silver Project in Sonora, Mexico, with over 3,000 meters already drilled targeting key zones [1][2] - The company aims to fast-track exploration and is looking forward to upcoming drill results that will contribute to the maiden resource estimate for the project [2] Company Strategy - The addition of senior resource development experts from SilverCrest and the discovery of a stacked vein system at Promontorio are key components of Minaurum's aggressive exploration strategy [2] - Minaurum emphasizes a socially and environmentally responsible approach to drilling, utilizing mobile, modular, man-portable core-drilling rigs [2] Project Overview - The Alamos Silver Project is a 100% owned, production-permitted high-grade silver project located in southern Sonora, Mexico [6] - The project is part of a broader portfolio of district-scale projects in Mexico, managed by a strong technical and finance team [6]

Core Viewpoint - Belmont Resources Inc. has appointed Patrick Brandl as Interim President and CEO, succeeding George Sookochoff, who will remain on the Board of Directors to ensure leadership continuity during the transition [1][3]. Leadership Transition - Patrick Brandl, a Director since 2023, has over a decade of experience in corporate governance and strategic development in the resource sector [2]. - His role as a representative of HMS Bergbau AG, a major shareholder, indicates a closer alignment between the company's leadership and its financial partners [2]. Strategic Focus - The appointment of Mr. Brandl supports Belmont's commitment to advancing exploration projects, strengthening capital position, and creating long-term shareholder value [3]. Project Portfolio - Belmont has a diverse portfolio including copper, gold, lithium, uranium, and rare earth projects located in British Columbia, Saskatchewan, Washington, and Nevada [5]. Key Projects - **Come By Chance (CBC) Property**: Recently completed a 2,000-meter drilling program with ongoing core logging and regular sample analysis [6]. - **Athelstan-Jackpot (A-J) Gold Project**: Includes two past producing mines with a total yield of 7,600 ounces of gold and 9,000 ounces of silver. A 1,500-meter gold trend with extensive surface mineralization has been identified [7][8]. - **Crackingstone Uranium Project**: Located in Saskatchewan's Athabasca Basin, it has historic grab sample grades of up to 15.6% U₃O₈ and previous mining produced 11 tons at an average grade of 2.3% U₃O₈. A comprehensive drilling program of 10,000 meters is planned [9][10]. - The Crackingstone property benefits from excellent infrastructure and includes evaluations for rare earth element potential [11]. Partnerships and Investments - **Lone Star Copper-Gold Project**: 50% optioned to Marquee Resources, which has invested $2.5 million in drilling and completed a new resource assessment [12]. - **Kibby Basin Lithium Project**: 80% optioned to Marquee Resources, which has also invested $2.5 million in drilling, confirming high levels of lithium-bearing sediments [12].