Core Insights - G2 Goldfields Inc. is advancing the Oko Gold Project in Guyana towards production, with an updated Mineral Resource Estimate (MRE) and a maiden Preliminary Economic Assessment (PEA) expected in November 2025 [1][2] - The Oko Project is a high-grade gold project with significant exploration activities aimed at resource growth and regional discovery [1][2] Corporate Update - The Oko Project is adjacent to the Oko West Project developed by G Mining Ventures Corp. G2 will publish its maiden PEA based on data from 666 diamond drill holes totaling 170,329 meters, with a cut-off date of August 31, 2025 [2] - The PEA will evaluate the economic viability of a standalone mining operation that includes multiple open pits and underground operations [2] - G2 is conducting additional environmental and geotechnical studies to support permitting activities for the Project [2] Spin-Out of G3 Goldfields Inc. - G2 will complete a spin-out of G3 Goldfields Inc., where G2 shareholders will receive one G3 share for every two G2 shares held as of the effective date [3] - G3's exploration portfolio includes three historical gold mines covering approximately 87,000 acres [3] - The spin-out is subject to regulatory and court approvals, as well as a two-thirds vote at the annual general meeting on November 27, 2025 [3] Near-Mine Resource Growth and Discovery Drilling Programs - In September, G2 conducted a comprehensive review of existing data and completed a drone-assisted geophysical survey over its 105,000-acre land package [4] - This review led to the identification of eight high-priority drill target areas for near-mine resource growth and discovery [4] Highlights of Upcoming Assessments - The maiden PEA is anticipated to be released in November, alongside the completion of the G3 spin-out in December [6] - Drilling is currently underway with multiple rigs testing new high-priority targets, including visible gold identified in two of five maiden drill holes in a new border zone [6] Target Areas for Drilling - **Target 1 - Border Zone**: Focuses on extensions of high-grade drilling intercepts by G Mining, with planned drilling of 7,400 meters [8] - **Target 2 - OMZ West**: Involves drilling to test shear zones with high-grade mineralization, with an initial program of 2,200 meters planned [12] - **Target 3 - High Hill**: Initial drilling has shown promising results, with a follow-up program of 1,060 meters planned [15] - **Target 4 - Oko North**: This area has indicated resources of 808,000 ounces and inferred resources of 513,500 ounces, with an 800-meter drill program planned [20] - **Target 5 - Birdcage**: A 1,700-meter drill program is planned to test the known strike extent of the shear structure [23] - **Target 6 - RED Zone**: Initial drilling has defined a shear zone over 300 meters, with further drilling planned [24] - **Target 7 - Sands**: An 800-meter diamond drill program is planned to explore a quartz vein exposed by artisanal mining [25] - **Target 8 - Aremu West**: Initial soil sampling has identified gold anomalies, with trenching planned to follow up [30] Company Overview - G2 Goldfields Inc. focuses on finding and developing gold deposits in Guyana, with a history of discovering over 10 million ounces of gold in the Guiana Shield [33] - The updated MRE for the Oko property includes significant resources across various zones, indicating the project's potential [36][34][35]

Core Insights - The Green Bay Copper-Gold Project in Canada is revealing an extremely high-grade core of copper and gold mineralization over a strike length of at least 800 meters, which remains open for further exploration [2][5][4] - Recent drilling results have shown significant intersections, including 43.6 meters at 7.6% copper equivalent (CuEq) and 15 meters at 16% CuEq, indicating a rich mineralized core that will impact the upcoming Mineral Resource Estimate [2][7][33] - The current Mineral Resource Estimate for Green Bay totals 24.4 million tons at 1.9% for 460,000 tons CuEq of Measured & Indicated Resources and 34.5 million tons at 2.0% for 690,000 tons CuEq of Inferred Resources [11][12] Drilling Results - Recent drilling has confirmed the presence of high-grade mineralization, with notable intersections such as 43.6 meters at 7.6% CuEq in hole MUG25-214, which includes an upper VMS zone grading 14.9 meters at 16.0% CuEq [2][33] - Additional significant intersections include 49.0 meters at 6.1% CuEq in hole MUG25-202 and 86.3 meters at 3.7% CuEq in hole MUG24-079, showcasing the potential for large-scale mining [2][6][11] - Infill drilling has also returned exceptional results, such as 4.1 meters at 17.4% CuEq and 16.0 meters at 13.5% CuEq, further confirming the high-grade nature of the mineralization [8][39] Exploration and Resource Conversion - Eight diamond rigs are currently operational, focusing on upgrading the existing Mineral Resource, extending known mineralization, and exploring new regional discoveries [2][19] - Regional exploration is actively underway, with drill rigs testing conductive geophysical anomalies in the central Green Bay leases, indicating ongoing efforts to expand the resource base [3][14] - The company is well-funded to accelerate its growth campaign and engineering studies following a recent equity raising [15]

Core Viewpoint - Gold X2 Mining Inc. is advancing its proposed acquisition of Kesselrun Resources Ltd., which includes the high-grade Huronian Gold Project, enhancing its strategic position in the Shebandowan Greenstone Belt [1][6]. Company Overview - Gold X2 Mining Inc. is focused on acquiring and advancing primary gold assets in tier-one jurisdictions, with a significant investment of over $75 million in its flagship Moss Gold Project [11]. - Kesselrun Resources is a mineral exploration company based in Thunder Bay, Ontario, with a focus on property acquisitions and discoveries [9]. Transaction Details - The acquisition of Kesselrun will transfer ownership of the Huronian Gold Project and Bluffpoint Gold Project to Gold X2 upon completion [2][8]. - Kesselrun has obtained an interim court order to hold a special meeting for shareholder approval of the transaction [7]. - Completion of the transaction is subject to shareholder approval, final court approval, and TSX Venture acceptance [8]. Huronian Gold Project - The Huronian Gold Project consists of 293 contiguous mineral claims covering approximately 4,777 hectares and is located adjacent to Gold X2's Moss Gold Project [3][10]. - Kesselrun has secured an early exploration permit for the Huronian Gold Project, effective for three years [4]. Technical Report - A technical report titled "Technical Report, Geological Introduction to Gold X2 Mining Inc.'s Huronian Gold Project" has been filed, detailing the project's geological potential [2][5]. - The report was prepared by independent qualified persons and is available on SEDAR+ [5].

Core Viewpoint - Scorpio Gold Corporation has filed an independent technical report detailing its maiden mineral resource estimate at the Manhattan District in Nevada, which includes both current and historical mineral estimates [1][2][4]. Group 1: Technical Report Details - The technical report is titled "Mineral Resource Estimate and NI 43-101 Technical Report, Manhattan Property, Nye County, Nevada" with an effective date of June 4, 2025 [2]. - The report was prepared by a team of qualified professionals from various geological consulting firms [2]. - A copy of the technical report is available on Scorpio Gold's website and SEDAR+ profile [3]. Group 2: Maiden Mineral Resource Estimate (MRE) Highlights - The maiden mineral resource estimate includes 18,343,000 tonnes grading 1.26 g/t gold, totaling 740,000 ounces of contained gold in the inferred category [4][7]. - The historical mineral resource estimate covers several satellite deposits, comprising 1,652,325 tonnes grading 5.89 g/t gold, totaling 303,949 ounces of contained gold [4]. - The Manhattan District has historically produced approximately 700,000 ounces of gold from high-grade operations dating back to the late 1890s [4]. Group 3: Project Overview - The Manhattan District is located in the Walker Lane Trend of Nevada, approximately 20 kilometers south of the Round Mountain Gold Mine, which has produced over 15 million ounces of gold [4]. - Scorpio Gold holds a 100% interest in the Manhattan District, which spans approximately 4,780 hectares and includes the advanced exploration-stage Goldwedge Mine [9]. - The project presents significant resource potential with over 140,000 meters of historical drilling and valuable permitting and water rights [9].

Core Insights - Doubleview Gold Corp has announced a significant 320-meter eastward extension of the mineralized system at the Hat Polymetallic Deposit, indicating that the deposit remains open in multiple directions and is expected to contribute to an upcoming Mineral Resource Estimate (MRE) [2][3][4] Exploration Program Highlights - The 2025 exploration program has completed over 10,200 meters of drilling across 14 holes, successfully extending the mineralization more than 320 meters to the east [3][5] - The ongoing drilling has confirmed strong continuity of mineralization, with every hole intersecting mineralization, supporting the geological model [6][5] - The revised MRE is anticipated to include the entire drill database up to hole H101, with stronger assay data expected to lead to a meaningful increase in resource estimates [6][5] Mineralization Characteristics - The Hat Deposit is characterized by a robust association of copper, gold, cobalt, and scandium, demonstrating significant tonnage potential and continuity of mineralization [5][4] - The deposit is positioned to become one of North America's largest critical-metal-bearing polymetallic deposits, with important amounts of gold, cobalt, and silver present [5][4] Future Outlook - The company anticipates releasing assay results from the recent drilling as soon as analytical data are validated and interpreted [7] - The ongoing support from long-term shareholders and institutional investors is crucial for advancing the company's strategic initiatives in the critical minerals sector [15]

TORONTO, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (TSXV: QGR) (“QGold” or the “Company”) announces details of the updated mineral resource estimate (“MRE” or “Mineral Resource Estimate”) set out in the technical report (the “Technical Report”) filed by the Company on October 20, 2025, respecting its Quartz Mountain property (“Quartz Mountain”), which forms a part of the Company's recently acquired wider Quartz Mountain Gold project (“Quartz Mountain Gold Project”), located in the historic Qua ...

Core Points - Appia Rare Earths & Uranium Corp. has initiated a diamond drilling program at Target IV in Goiás State, Brazil, aiming to extend and delineate high-grade rare-earth elements (REE) mineralization [1][3] - The diamond drilling program will consist of at least 600 meters across three drill holes, each 200 meters deep, expected to be completed within approximately 25 days [3][4] - The company plans to update its Mineral Resource Estimate (MRE) following the completion of the current drilling programs, with an updated MRE anticipated by the end of Q1 2026 [4] Company Developments - The company has accelerated the expiry date of remaining common share purchase warrants, with 456,250 warrants already exercised and 12,150,000 remaining warrants set to expire if unexercised by November 19, 2025 [5][8] - Appia is involved in a transaction with Ultra Rare Earth Inc., which will acquire a 50% interest in Appia Brasil Rare Earths Mineracao Ltda, with closing scheduled for October 31, 2025 [9][10] - Ultra is required to invest US$2 million into a private placement, which will be used for general working capital [10] Technical Information - The high-grade mineralization previously discovered included 92,758 ppm or 9.28% Total Rare Earth Oxides (TREO) over 2 meters [3] - The company is also conducting drilling in the Ionic Clay zone with two auger drills, with assay results to be released after analysis [3][4] - The technical information has been reviewed by a Qualified Person as defined by National Instrument 43-101 [5]

Core Insights - Allied Critical Metals Inc. has reported significant assay results from its Borralha Tungsten Project, confirming high-grade mineralization and supporting a positive outlook for the upcoming Preliminary Economic Assessment (PEA) [2][4][11] Company Overview - Allied Critical Metals is focused on its 100% owned Borralha and Vila Verde tungsten projects located in northern Portugal, with Borralha being a historically significant tungsten operation [2][26] - The company aims to expand and upgrade its current Mineral Resource Estimate (MRE) and develop a robust PEA [14][29] Drilling Results - Recent drilling at Borralha has yielded one of the longest and highest-grade intervals, with notable results including 10.0 meters at 1.11% WO₃ and 90.0 meters at 0.24% WO₃ [8][9][11] - The drilling program has completed 4,210 meters out of a planned 5,625 meters, with further assay results expected soon [12][16] Market Context - The price of tungsten has increased to USD $670/MTU, reflecting a 50% rise over the last six months due to heightened demand and supply chain restrictions from non-Western countries [4] - Borralha is positioned as a strategic opportunity for tungsten supply in Europe, especially given the EU's reliance on over 80% of its tungsten imports from China [28][29] Future Prospects - The results from the drilling program are expected to inform the updated MRE and subsequent economic studies, enhancing the project's potential for resource growth and mine design [10][16][29] - The company is advancing towards a more secure and domestic tungsten supply source, aligning with EU and NATO strategic initiatives [28][29]

Core Insights - Argentina Lithium & Energy Corp. announced the first Mineral Resource estimate for the Rincon West lithium brine project in Salta Province, Argentina, marking a significant milestone for the company [1][2]. Mineral Resource Estimate Highlights - The initial resource estimate includes 0.15 km of brine volume with an average lithium grade of 296 mg/l, representing 238,000 tonnes of Lithium Carbonate Equivalent (LCE) [5][6]. - The Inferred Resource consists of 0.08 km of brine volume with an average lithium grade of 216 mg/l, equating to 64,000 tonnes of LCE [5][6]. - The resource was defined by 14 exploration boreholes totaling 4,823.2 meters of diamond drilling and one production well of 470 meters [3][4]. Strategic Positioning - The company is strategically located near Rio Tinto's Rincon Project and has a partnership with Stellantis, which enhances its potential for rapid development [2][3]. - Argentina Lithium aims to build a scalable, high-value lithium operation to generate sustainable returns for shareholders, leveraging its resource base and strategic partnerships [3][4]. Future Development Plans - The exploration team plans to evaluate drilling below the current mineral resource to identify expansion potential, as the current resource is open to depth [3][4]. - The company is advancing Preliminary Economic Assessment (PEA) studies and exploring advanced extraction technologies [3]. Stellantis Investment and Offtake Agreement - In September 2023, Argentina Lithium entered into a strategic investment agreement with Stellantis, acquiring a 19.9% stake in its Argentine subsidiary, with a lithium offtake agreement allowing Stellantis to purchase up to 15,000 tonnes of lithium carbonate per year upon commercial production [16][24]. Technical and Methodological Details - The resource estimation methodology involved two drilling campaigns conducted between 2022 and 2024, with continuous core samples collected for porosity studies [8][9]. - The brine resource estimate was determined based on aquifer geometry, drainable porosity, and concentration of lithium and potassium [9][10]. Company Overview - Argentina Lithium & Energy Corp. focuses on acquiring high-quality lithium projects in Argentina to meet the growing global demand from the battery sector, with a strong portfolio in the Lithium Triangle [24].

Scorpio Gold Commences 50,000 Metre Phase 2 Drilling Program at the Manhattan District, NevadaOctober 22, 2025 6:00 AM EDT | Source: Scorpio Gold CorpVancouver, British Columbia--(Newsfile Corp. - October 22, 2025) - Scorpio Gold Corp. (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", or the "Company") is pleased to announce the commencement of its Phase 2 Drilling Program at the Manhattan District Project ("Manhattan"), Nevada, USA. The Phase 2 drilling program is planned to achieve a mi ...