Core Insights - Zacatecas Silver Corp. has entered into a new community access agreement with Ejido Panuco, demonstrating strong local support for its exploration initiatives [1][2] - The company has finalized a drill contract with Major Drilling for an initial 4,000 meters of angled diamond drilling, aimed at expanding the Mineral Resource Estimate [1][3] Community Access Agreement - The agreement was unanimously approved by the Ejido, allowing Zacatecas Silver to submit its application to SEMARNAT for drill permits [2] - The permitting process is expected to be straightforward, following successful previous campaigns [2] Drill Contract with Major Drilling - Major Drilling is prepared to mobilize upon receipt of the necessary permits [3] - The drilling program will focus on extending high-grade mineralization both within and beyond the current resource envelope [3][4] Panuco Highlights - The Panuco vein system remains open in all directions, with drilling aimed at extending the strike length of known mineralization [4] Company Overview - Zacatecas Silver Corp. operates two key projects: the Zacatecas Silver Project and the Esperanza Gold Project [5][8] - The Zacatecas Silver Project is located in the Fresnillo silver belt, covering 7,826 hectares, and has a Mineral Resource Estimate of 3.41 million tonnes at 187 g/t AgEq, totaling 20.5 million ounces AgEq [6][8]

Core Insights - i-80 Gold Corp. announced a mineral resource update for its FAD Project, confirming high-grade mineralization of gold, silver, lead, and zinc [1][4][5] - The FAD Project is located in a prolific mining area in northeastern Nevada and is considered a non-core asset, potentially available for sale to support the company's recapitalization objectives [4][5][19] Mineral Resource Update - The updated mineral resource estimate includes: - Indicated Mineral Resource: 594 kt at 4.51 g/t Au, 209.7 g/t Ag, 4.34% Pb, and 6.77% Zn, containing 86 koz Au, 4.0 Moz Ag, 57 Mlb Pb, and 89 Mlb Zn [5][6] - Inferred Mineral Resource: 2,736 kt at 5.07 g/t Au, 188.6 g/t Ag, 3.69% Pb, and 4.42% Zn, containing 446 koz Au, 16.6 Moz Ag, 223 Mlb Pb, and 267 Mlb Zn [5][6] - The total mineralized material at spot prices is approximately 7,360 kt, containing 895 koz Au, 31 Moz Ag, 408 Mlb Pb, and 680 Mlb Zn [17][18] Geological and Metallurgical Insights - The FAD deposit is characterized as a mid-Cretaceous gold-rich carbonate replacement deposit, primarily hosted by the Eldorado dolomite [27][28] - Preliminary metallurgical tests indicate the presence of critical metals such as gallium and indium in the zinc concentrate, with average grades of 126.0 g/t and 122.5 g/t, respectively [26][24] - The project has potential for additional drilling to further enhance resource estimates and validate historical data [4][5] Project Background and Acquisition - The FAD Project was acquired in 2023 through the purchase of Paycore Minerals Inc. for approximately US$88 million [5][19] - Historical exploration efforts have included significant drilling and development work, with the property consisting of 75 unpatented and 110 patented mining claims [22][20] Strategic Focus - The company is concentrating on advancing its five core gold projects and refurbishing the Lone Tree central processing facility, aiming to establish itself as a mid-tier gold producer in Nevada [4][31][35] - The FAD Project, while presenting significant upside potential, is not a primary focus and may be sold to support the company's broader strategic objectives [4][5]

Core Insights - i-80 Gold Corp. announced a mineral resource update for its FAD Project, confirming high-grade mineralization of gold, silver, lead, and zinc [1][4][5] - The FAD Project is located in a prolific mining area in northeastern Nevada and is considered a non-core asset, potentially available for sale to support the company's recapitalization objectives [1][4][5] Mineral Resource Update - The updated mineral resource estimate includes an Indicated Mineral Resource of 594,000 tonnes at grades of 4.51 g/t Au, 209.7 g/t Ag, 4.34% Pb, and 6.77% Zn, containing approximately 86,000 ounces of gold and 4.0 million ounces of silver [5][6] - An Inferred Mineral Resource of 2,736,000 tonnes at grades of 5.07 g/t Au, 188.6 g/t Ag, 3.69% Pb, and 4.42% Zn, containing approximately 446,000 ounces of gold and 16.6 million ounces of silver was also reported [5][6] - The total mineralized material at spot prices is approximately 7,360,000 tonnes, containing 895,000 ounces of gold and 31 million ounces of silver [5][17] Project Potential - The FAD Project has significant upside potential due to its high-grade nature and remains open at depth, with additional drilling expected to enhance resource estimates [4][5] - The project is situated in a tier-one mining jurisdiction, which could provide substantial exposure to high-grade polymetallic mineralization [4][5] Historical Context - The FAD Project was acquired in 2023 through the purchase of Paycore Minerals Inc. for approximately US$88 million [5][19] - Historical exploration has been conducted on the property since the mid-20th century, with significant work completed by Hecla Mining Company [20][21] Metallurgical Testing - Preliminary metallurgical tests indicate the presence of critical metals such as gallium, indium, antimony, and tin in the zinc concentrate, enhancing the project's value [5][26] - The average net smelter returns are approximately $430 per tonne for the indicated resource and $442 per tonne for the inferred resource [5][6] Company Strategy - The company is focused on advancing its portfolio of five core gold projects and refurbishing the Lone Tree central processing facility to establish itself as a mid-tier gold producer [4][5][35] - The FAD Project, while non-core, presents an opportunity for monetization through potential sales or further development [4][5]

Core Insights - Montage Gold Corp. has reported significant progress in exploration at its Koné Project in Côte d'Ivoire, particularly with the Sissédougou trend, where the resource for the ANV deposit has more than doubled since earlier this year [2][10][41] - The ongoing 120,000-meter drill program has successfully identified multiple mineralized trends and targets, with all drill-tested targets returning positive results [3][12][7] - The company anticipates further growth in mineral resources as exploration continues, with a focus on both existing and new targets [11][32] Exploration and Resource Updates - The Koné project includes 7 mineralized trends with 52 identified targets, and mineralization has been confirmed at all 23 targets drill-tested so far [3][12] - The Sissédougou trend has shown a notable increase in Indicated Resources, rising by 72,000 ounces to 129,000 ounces at a grade of 1.06 g/t Au, and Inferred Resources increased by 54,000 ounces to 85,000 ounces at 1.1 g/t Au [5][32] - The overall Koné project Mineral Resource Estimate now stands at 5.49 million ounces of Indicated Resources at a grade of 0.63 g/t Au and 704,000 ounces of Inferred Resources at a grade of 0.51 g/t Au, representing a 13% increase in Indicated Resources and a 76% increase in Inferred Resources compared to the previous estimate [41][42] Drilling Program and Results - The 2025 drilling program was increased from 90,000 meters to 120,000 meters, with 87,595 meters drilled to date, focusing on the Gbongogo–Koroutou and Sissédougou trends [15][12] - High-grade mineralization has been intercepted at various targets, including notable drill results such as 29.0 meters at 3.55 g/t Au and 20.0 meters at 13.10 g/t Au [27][26] - The company is conducting a systematic auger drilling campaign to further define targets, with promising results indicating multiple gold anomalies over a 5 km area north of the ANV deposit [29][19] Construction Progress - Construction at the Koné project is progressing ahead of schedule, with key work packages tracking up to three months ahead, including the completion of all seven tanks on the first CIL train [8][6] - The processing plant area is advancing well, and early completion of the oxide circuit may allow for an earlier first gold pour [8][6] Strategic Objectives - Montage Gold aims to integrate higher-grade material from the onset of production, which is expected to yield significant returns on exploration investments [7][11] - The company is focused on becoming a premier African gold producer, with the Koné project positioned as a key asset in achieving this goal [46]

Core Insights - Solaris Resources Inc. announced the results of a Pre-Feasibility Study (PFS) for its Warintza Project, highlighting a significant increase in mineral resources and the establishment of maiden mineral reserves [2][5][28] - The Warintza Project is positioned to capitalize on a tightening copper market, with exceptional economics and a strong community support framework [4][6][20] Mineral Resource and Reserves - The updated Mineral Resource Estimate (2025 MRE) includes 3.7 billion tonnes of Measured and Indicated Resources, 2.1 billion tonnes of Inferred Resources, and 1.3 billion tonnes of Mineral Reserves [5][26] - The 2025 MRE reflects a 312% increase in Measured plus Indicated Mineral Resources compared to the 2024 MRE, with significant new mineralization identified [26][39] Economic Metrics - The project is expected to generate an average annual copper equivalent production of over 300,000 tonnes in the first five years and over 240,000 tonnes during the first 15 years [7][14] - The post-tax net present value (NPV) is estimated at US$4,617 million, with a post-tax internal rate of return (IRR) of 26% [7][29] - Initial capital costs are projected at US$3.7 billion, with a payback period of 2.6 years post-tax [7][29] Production and Operating Costs - The average All-In Sustaining Cost (AISC) is projected at US$0.85 per pound of payable copper for the first five years and US$1.07 for the first 15 years [7][29] - The project will utilize conventional open-pit mining methods, with a low strip ratio of 0.53 to 1, enhancing its economic viability [24][46] Community and Environmental Engagement - The company has established formal agreements with local Indigenous communities, ensuring shared benefits and participatory decision-making [20][21] - Solaris maintains close engagement with government authorities to facilitate permitting and environmental assessments [22][36] Infrastructure and Accessibility - The Warintza Project benefits from strong existing infrastructure, including paved highways and proximity to ports, which supports efficient transportation of materials [19][58] - The power supply for the project will be sourced from a 62.1 km overhead transmission line, ensuring adequate energy for operations [59]

HIGHLIGHTS:  Koné project comprises 7 mineralised trends hosting 52 identified targets with mineralization confirmed at all 23 targets drill-tested so far in 2024 and 2025, whilst scout drilling continues to identify more targets This year’s ongoing 120,000-meter drill programme has focused on the Gbongogo–Koroutou and Sissédougou trends, representing respectively 45% and 27% of the 87,595 meters already drilled in YTD-2025The Sissédougou trend is emerging as another highly prospective area, in addition to ...

Core Insights - Allied Critical Metals Inc. has reported significant assay results from its Borralha Tungsten Project, indicating strong mineralization continuity and an expanded resource footprint, which supports a positive economic outlook for the upcoming Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) [2][3][11] Summary by Sections Assay Results - New assay results from the 2025 Reverse Circulation drilling campaign show robust mineralization continuity in the northwestern dip area of the Santa Helena Breccia, confirming high-grade zones and extending previously identified mineralization [4][8] - Drill hole Bo_RC_27/25 reported 6.0 meters of 1.02% WO₃, along with other significant intercepts, demonstrating higher-grade zones than previously modeled [7][9] Economic Context - The tungsten price has reached $685 USD/MTU APT, reflecting a 50% increase over the last six months due to rising demand and supply chain restrictions from non-Western countries, positioning Borralha as a strategic project in the tungsten market [5][33] - The Borralha project is expected to play a crucial role in reshaping Europe's tungsten supply landscape, particularly in light of the EU's dependence on imports from China [30][31] Project Development - The ongoing drilling campaign has completed 4,210 meters out of a planned 5,625 meters, with final results expected soon, which will inform the updated MRE and PEA scheduled for Q1 2026 [12][17] - The project benefits from existing infrastructure, shallow mineralization, and a straightforward processing route, making it one of the most advanced tungsten development projects in the EU [30][31] Future Outlook - The results from the drilling campaign will directly contribute to the upcoming MRE update and PEA, aimed at delineating additional tonnage and enhancing confidence in high-grade zones [11][17] - The company is focused on expanding and upgrading the current NI 43-101 Mineral Resource Estimate, with expectations for completion in Q4 2025 [14]

Core Viewpoint - Lafleur Minerals Inc. is advancing towards near-term gold production with the initiation of a confirmation drilling program at its Swanson Gold Deposit, which will support a Preliminary Economic Assessment (PEA) for the restart of gold production at the Beacon Gold Mill [1][5][10] Group 1: Drilling Program and Resource Validation - The confirmation drilling program consists of a 10-hole twinned-drilling campaign aimed at validating historical results and enhancing confidence in the geological model [2][3] - Historical drilling at the Swanson Gold Deposit has exceeded 36,000 meters across 242 holes, with notable intervals including 69.3 meters at 3.03 g/t Au and 51.0 meters at 3.46 g/t Au [3][4] Group 2: Beacon Gold Mill and Production Readiness - The Beacon Gold Mill is undergoing final stages of recommissioning, with a capacity of 750 tonnes per day and a $20 million modernization completed in 2022 [6][12] - Current activities include mechanical and electrical upgrades, installation of a new gravity concentrator circuit, and recruitment of operational staff [7][8] Group 3: Strategic Position and Market Context - Lafleur Minerals is strategically positioned in the Val-d'Or district, which is attracting global producers through mergers and acquisitions targeting long-life, low-risk assets [9][10] - The combination of an owned mill and near-surface feed source allows Lafleur to transition rapidly from development to production, especially with record gold prices above $4,000 per ounce enhancing the economic potential of the restart plan [5][10]

Project Overview - The Boumadine PEA presents a district-scale, low-cost, precious metals growth opportunity [1, 2] - The project has a low initial CAPEX of $446 million [33] and a low AISC of $1,021/oz AuEq [33, 96] - The project has a mine life of 11 years [34] Financial Highlights - The project boasts a pre-tax NPV(5%) of $2.2 billion and a post-tax NPV(5%) of $1.5 billion, using base case metal prices of $2,800/oz gold and $30/oz silver [33] - The IRR is 69% pre-tax and 47% post-tax, with a payback period of 1.3 years pre-tax and 2.1 years post-tax [33] - The NPV:Capex ratio is 5:1 pre-tax and 3:1 post-tax [33] - The Life of Mine (LOM) revenue is projected at $7.0 billion, with an EBITDA of $3.4 billion and a Free Cash Flow (FCF) of $2.8 billion pre-tax and $2.0 billion post-tax [38] Production and Resources - The project anticipates an average annual production of 401,000 oz AuEq in the first 5 years and 328,000 oz AuEq over the LOM [73] - The updated Mineral Resource Estimate (MRE) in February 2025 showed an increase of 120% in indicated and 19% in inferred contained metal in koz AgEq compared to the 2024 estimate [56]

Core Insights - Teuton Resources Corp. reports successful results from the 2025 drill program at the Goldstorm deposit, confirming high-grade mineralization continuity and expanding known zones [1][4][5] Exploration Results - The final drill hole GS-25-191-W1 intersected a northeastward extension of the 300 Horizon Zone, linking mineralized intercepts between the 300H and 300N zones [2][3] - Significant mineralized intercepts include: - 4.12 g/t gold, 16.48 g/t silver, and 0.01% copper over 8.90m in GS-25-191 [3] - 1.63 g/t gold, 4.89 g/t silver, and 0.02% copper over 10.70m, stepping out 52m to the south [3] - 1.88 g/t gold, 1.71 g/t silver, and 0.01% copper over 5.90m, providing continuity between mineralized domains [3][7] 2025 Exploration Program Overview - The program targeted gaps between the 300N and 300H Zones and aimed to identify additional high-grade SC-1 Zone-like structures [4] - Drilling confirmed and expanded several high-grade corridors within and surrounding the 300N and 300H Zones [5] Future Plans - An updated Mineral Resource estimate for Treaty Creek is underway, incorporating approximately 15,000 meters of drill data from 2024 and 2025 [11] - The updated estimate will utilize a smaller block model for better resolution of high-grade gold mineralization, targeted for completion in Q4 2025 [11] - Plans for underground ramp development to access the high-grade SC-1 Zone are contingent on permit approvals, with excavation expected to commence in Q3 2026 [12] Additional Exploration Opportunities - Tudor Gold is assessing opportunities to increase gold Mineral Resources at Treaty Creek in 2026, particularly following up on drill hole PS-23-10 at the Perfectstorm Zone [13]