Core Insights - Critical One Energy Inc. has identified significant potential expansions to mineralization at its Howells Lake Antimony-Gold Project through advanced geophysical and geological modeling of a recent VTEM airborne survey [1][2] - The new interpretive results confirm the potential for discovering additional areas of mineralization containing both antimony and gold, extending laterally for at least 2 kilometers [1][3] - The Howells Lake Project is positioned as a cornerstone asset with exceptional exploration and development potential for antimony and gold [2] Geophysical Survey Findings - The recent VTEM geophysical survey and geological modeling revealed characteristics of antimony-gold mineralization extending west, northeast, and at depth from previously discovered areas [2] - Modelled EM conductors indicate a steeply dipping stratigraphy extending to depths greater than 300 meters [1][3] - Historical drilling at Howells Lake West Zone intersected up to 4.7% antimony and 25.5 g/t gold over 1.43 meters, while the East Zone showed up to 75% antimony over 8.35 meters [3] Resource and Exploration Potential - The Howells Lake Project hosts a historical resource of 1.7 million tons at a grade of 1.4% antimony with associated gold mineralization, although this resource is not NI 43-101 compliant [4] - Geological mapping and significant drilling will be required to establish a compliant resource estimate [4] - The project is the only significant new antimony-gold project in Ontario, with North American production currently limited to a few sources [3][4] Strategic Positioning - Critical One Energy Inc. is strategically positioned to meet the rising global demand for critical minerals, focusing on antimony and gold exploration in Canada [10] - The company aims to leverage its technical, managerial, and financial expertise to drive growth and deliver value to shareholders [10]

Core Insights - TRX Gold Corporation reported record production and financial results for Q4 2025, achieving 6,404 ounces of gold poured and 6,977 ounces sold at an average realized price of $3,363 per ounce, leading to revenue of $23.5 million and gross profit of $12.6 million [2][3] Financial Performance - In Q4 2025, the company recognized revenue of $23.5 million, gross profit of $12.6 million (54% margin), and Adjusted EBITDA of $12.7 million (54% margin), all reflecting significant increases compared to Q4 2024 [2][3] - For the fiscal year ended August 31, 2025, TRX Gold poured 18,935 ounces of gold and sold 19,213 ounces at an average realized price of $3,033 per ounce, resulting in record revenue of $57.6 million and net income of $6.6 million [3][21] Working Capital and Financial Health - The company's working capital position improved significantly, with the current ratio rising to approximately 1.3 at August 31, 2025, from 0.8 at May 31, 2025 [3] - TRX Gold fully repaid its short-term borrowings of approximately $3.0 million in Q4 2025 and has full access to its liquidity lines [3] Growth Potential and Expansion Plans - The Preliminary Economic Assessment (PEA) for the Buckreef Gold expansion outlined a long-life, scalable asset with a pre-tax NPV5% of $1.9 billion at a gold price of $4,000 per ounce [2][3] - The company is executing plans for a larger processing facility than initially contemplated in the PEA, which is expected to produce average annual gold production exceeding 62,000 ounces [4][6] Exploration and New Discoveries - TRX Gold announced the discovery of a new high-grade zone, the Stamford Bridge Zone, with significant drill results, including 37 meters at 6.86 g/t Au [7] - The company plans to substantially increase exploration drilling in fiscal 2026, focusing on high-priority gold zones [7][10] Capital Expenditures and Future Outlook - Total capital expenditures for fiscal 2026 are expected to be in the range of $15 - $20 million, focusing on plant upgrades and expansion [10] - Exploration expenditures are projected to be between $3 - $5 million, including a geophysics survey and drilling on various zones [10]

The company forecasts an exploration expenditure of around $540 million and expects less than $40 per ounce discovery costs. ...

Core Insights - District Metals Corp. has reported positive results from the airborne Mobile Magnetotelluric (MobileMT) survey at its Malgomaj mineral licenses in Sweden, indicating significant geophysical anomalies that may represent mineralized Alum Shales [1][5][11] Summary by Sections Survey Results - The MobileMT survey covered approximately 37,132 hectares and identified six low resistivity (highly conductive) anomalies, which are consistent with the signature observed at the Viken Deposit [5][11] - Target A measures 20.4 km long by up to 5.4 km wide, while Target B is 17.7 km long by up to 4.1 km wide, both interpreted to be Alum Shale [9] Strategic Developments - Based on the survey results, the company has applied for a new mineral license adjacent to the existing Malgomaj mineral license to cover potential extensions of the MobileMT anomaly [2] - The Malgomaj property, along with the Österkälen and Tåsjö licenses, forms part of the company's Alum Shale Properties, covering approximately 79,250 hectares [3] Technical Confidence - The clarity of the newly defined MobileMT conductive anomalies, combined with their favorable structural context, provides a high level of technical confidence for the presence of thick, mineralized Alum Shales [11] - The results represent a significant advancement in the company's strategy to delineate drill-ready targets in an underexplored region rich in various critical raw materials [5][11] Regulatory Context - The Swedish Government has approved the proposal to lift the ban on uranium exploration and mining, with legislation expected to be revised on January 1, 2026, which may enhance the exploration potential for the company [12]

Core Insights - Southern Silver Exploration Corp. has reported significant initial drilling results from the newly acquired Puro Corazon claim, indicating high-grade silver mineralization [1][5][6] Drilling Results - The initial assays from drill hole 25CLM-203 revealed bonanza-grade silver mineralization, with highlights including a 10.5 metre interval averaging 560g/t Ag and a 3.4 metre interval averaging 1,067g/t Ag [6][7] - Additional mineralized zones were identified deeper in the same drill hole, with assays pending for these intervals [3][4] - The company has completed approximately 40% of its planned drilling program, with a total of 4,000 metres drilled out of a proposed 12,000 metres [6][9] Future Plans - The company plans to incorporate the results from the Puro Corazon drilling program into the larger Cerro Las Minitas project to enhance project economics [9][10] - An underground sampling program has been initiated in the historic Puro Corazon workings, with plans for up to 2,000 individual channel samples [8] - Final assays from the current drilling program are expected by the end of Q1 2026, with significant news flow anticipated [6][9] Economic Context - The Cerro Las Minitas project is positioned as a large-scale underground mining operation with robust project economics in a mining-friendly jurisdiction in southeast Durango, Mexico [10][16]

K2 Gold Reaches Critical Federal Permitting Benchmark with Release of Final EISDecember 01, 2025 9:29 AM EST | Source: K2 Gold CorporationVancouver, British Columbia--(Newsfile Corp. - December 1, 2025) - K2 Gold Corporation (TSXV: KTO) (OTCQB: KTGDF) ("K2 Gold" or the "Company") today announced that the United States Bureau of Land Management (BLM) issued a Final Environmental Impact Statement (FEIS) for K2's Mojave Exploration Drilling Project in Inyo County, CA. This milestone follows rigor ...

PTX Metals Launches 5,000m Drill Program at W2 Copper-Nickel-PGE-Gold Project as Metallurgy, Geophysics, and Infrastructure Agreements Strengthen OutlookDecember 01, 2025 9:03 AM EST | Source: PTX Metals Inc.Toronto, Ontario--(Newsfile Corp. - December 1, 2025) - PTX Metals Inc. (TSXV: PTX) (OTCQB: PANXF) (FSE: 9PX) ("PTX" or the "Company") is pleased to announce commencement of a 5,000m diamond drilling program at its W2 Copper-Nickel and Platinum-Palladium-Gold (PGE) Project in Ontario, Cana ...

Core Insights - Maxus Mining Inc. has confirmed widespread high-grade polymetallic mineralization across the Alturas East Project, indicating significant exploration potential in the Slocan Mining Division of British Columbia [1][3][4] Exploration Highlights - The 2025 exploration program revealed a 500-meter mineralized veining corridor along the Gold Quartz Ridge, with notable assay results including 18.20 g/t gold, 131.00 g/t silver, and 0.23% copper [4][15] - Multiple stratigraphic horizons and vein systems were identified, showcasing a robust, multi-phase mineralizing system comparable to historic producers in the region [4][11] - Outcrop sampling indicated strong multi-commodity potential with elevated values of gold, silver, nickel, lead, titanium, and zinc across various target areas [4][11] Specific Target Areas - **Olympus East**: Strong silver-lead-zinc values were confirmed, with sample G018669 returning 9.40 g/t Ag, 0.26% Pb, and 0.99% Zn, indicating a proximal mineral source [11][14] - **Olympus West**: Elevated nickel-silver-zinc values were noted, with sample G018671 showing 2050 ppm Ni, suggesting multiple mineralizing events [12][14] - **Gold Quartz Ridge**: This area returned some of the strongest polymetallic values, with historic waste pile samples yielding results such as 18.20 g/t Au and 131 g/t Ag, indicating significant mineralization potential [15][16] Geological Context - The Alturas East Block is strategically located near the past-producing Highland Surprise Mine, characterized by polymetallic veins containing gold, silver, lead, zinc, and copper [5][6] - The property has not undergone systematic modern exploration since the 1970s, presenting significant exploration upside [6][10] Company Overview - Maxus Mining Inc. is focused on locating and advancing economic mineral properties in premier jurisdictions, with a diversified portfolio totaling approximately 15,098 hectares across British Columbia [25][26]

Core Insights - Noble Mineral Exploration Inc. has signed a drill contract for 1000 meters in two holes located in Carnegie Township, Ontario, to further define geology and mineralization following previous drilling in 2022 [1][2] - An additional 1000 meters of drilling is scheduled for early 2026 in Southwest Carnegie Township due to swampy conditions [2] - The technical content of the release has been reviewed by an independent Qualified Person, ensuring compliance with National Instrument 43-101 standards [2] Company Overview - Noble Mineral Exploration Inc. is a Canadian junior exploration company with holdings in various nickel and gold exploration properties, including a 20% interest in East Timmins Nickel Inc. and the Holdsworth gold exploration property [3] - The company holds mineral and exploration rights over approximately 70,000 hectares in Northern Ontario and 24,000 hectares in Quebec, with plans for option and joint venture exploration programs [3] - Specific projects include Project 81 in the Timmins-Cochrane area, which has diversified drill-ready targets for gold, nickel-cobalt, and base metals [4] Project Details - Project 81 encompasses around 18,000 hectares in Northern Ontario, with additional holdings in Thomas Township and a 20% interest in 38,700 hectares in the Timmins area [4] - Other properties include the Nagagami Carbonatite Complex, the Boulder Project, and various properties in Quebec focused on nickel, copper, PGM, uranium, and rare earth elements [4]

Located just 7 km west of Filo del Sol in the Vicuña District, the 46 South target is at the south end of a 3 km N-S trending corridor of mineralization at Sobek Central The 46 South epithermal and underlying porphyry target sits on the margin of a district scale magnetic high where coincident mag-susceptibility, MT anomalies and ground-based IP responses lie directly below a large soil survey geochemical anomaly where hydrothermal and tourmaline breccias outcrop on surface In preparation for drilling a pro ...