Core Viewpoint - Eloro Resources Ltd. has announced promising assay results from two step-out drill holes in the Santa Barbara zone, indicating the potential for resource expansion and upgrading ahead of a Preliminary Economic Assessment (PEA) [2][4]. Summary by Relevant Sections Drill Results - The company has completed a total of 6,756 meters of diamond drilling in fourteen holes, with 3,371 meters reported from seven holes, and assay results pending for one remaining hole [2]. - Significant intersections include: - Hole DSB-88: 1.72% Zn over 456 meters, including 2.35% Zn over 190.5 meters [8]. - Hole DSB-89: 24.51 g/t Ag and 1.27% Zn over 154.5 meters, with notable intervals of 74.64 g/t Ag over 13.5 meters [8][9]. Mineral Resource Expansion - The recent drill results are expected to infill areas previously classified as waste in the Mineral Resource Estimate (MRE), contributing to both resource expansion and upgrading [4]. - The definition drill program has successfully extended the footprint of higher-grade domains, indicating the presence of two significant near-surface mineral deposits that could be mined from a single starter pit [4][32]. Technical Insights - The drill holes DSB-88 and DSB-89 were strategically placed to explore the southeastern margin of the potential starter pit area, with DSB-88 being a step-out hole located 310 meters northeast of DSB-87 [5][6]. - The results from DSB-88 and DSB-89 are among the most robust mineralized intersections recorded in the definition drill program, reinforcing the exploration strategy of the technical team [4][6]. Project Background - The Iska Iska project is a significant silver-tin polymetallic complex located in southern Bolivia, with Eloro holding an option to earn a 100% interest [18][19]. - The project is characterized by a major silver-tin polymetallic porphyry-epithermal complex, with mineralization similar to other significant deposits in the region [19][33].

Core Insights - FireFly Metals Ltd is advancing an aggressive drilling strategy at the Green Bay Copper-Gold Project, utilizing eight diamond rigs to enhance resource growth and upgrade Inferred Resources to Measured and Indicated categories [2][3][4] - Recent infill drilling results have shown high-grade mineralization, with grades reaching nearly 20% CuEq, indicating strong continuity and potential for significant resource upgrades in the upcoming Mineral Resource Estimate [5][7][12] Drilling Campaign - A six-rig underground drill campaign is focused on both resource growth and upgrading Inferred Resources to more valuable Measured and Indicated categories [4][18] - The current Mineral Resource Estimate for Green Bay stands at 24.4 million tonnes at 1.9% for 460,000 tonnes CuEq in Measured and Indicated Resources, and 34.5 million tonnes at 2.0% for 690,000 tonnes CuEq in Inferred Resources [7][12] High-Grade Results - Recent infill drilling has returned exceptional results, including: - 4.4m at 19.5% CuEq (3.1% Cu & 19.2g/t Au) in hole MUG25-113 - 10.1m at 10.1% CuEq (6.6% Cu & 4.1g/t Au) in hole MUG25-110 - 8.0m at 8.6% CuEq (3.2% Cu & 5.8g/t Au) in hole MUG25-068 [5][6][39] Financial Position - FireFly has a strong balance sheet with approximately A$145 million in cash and liquid investments, following a successful equity raise, which will support ongoing exploration and feasibility studies [14][9] Regional Exploration - Regional exploration programs are actively underway, with drill rigs testing geophysical anomalies in the central Green Bay leases and a VTEM survey being conducted over the adjacent Tilt Cove Project [13][14]

Core Insights - Koryx Copper Inc. has filed the Preliminary Economic Assessment (PEA) for its Haib Copper Project in Namibia, which is a significant step in advancing the project [1][7] - The PEA results were previously announced on September 4, 2025, and the technical report is publicly accessible on SEDAR+ [1][7] Company Overview - Koryx Copper Inc. is a Canadian copper development company focused on the Haib Copper Project, which is 100% owned by the company, and is also building a portfolio of copper exploration licenses in Zambia [4] - The Haib Copper Project is characterized as a large, advanced copper/molybdenum porphyry deposit with a long history of exploration and development by various operators [4] Mineral Resource Details - The current mineral resource at the Haib Copper Project includes 511 million tonnes (Mt) at 0.33% copper (Cu) and 51 parts per million (ppm) molybdenum (Mo), equating to 1,668 thousand tonnes (kt) of contained copper and 25.9 kt of contained molybdenum in the Indicated category [5] - Additionally, there are 308.9 Mt at 0.31% Cu and 40 ppm Mo, representing 949 kt of contained copper and 12.4 kt of contained molybdenum in the Inferred category [5] Geological Characteristics - The mineralization at Haib is typical of a porphyry copper deposit and is one of the few Paleoproterozoic porphyry copper deposits globally, as well as one of only two in southern Africa [6] - The deposit has undergone multiple metamorphic and deformation events but retains classic mineralization features, primarily consisting of chalcopyrite with minor bornite and chalcocite [6]

Core Insights - Nova Pacific Metals Corp. has reported final assay results from its Phase 1 drilling program at the Lara VMS Project, confirming the exploration model and supporting a Mineral Resource Estimate expected in Q4 2025 [1][2]. Drilling Results - The Phase 1 drill program consisted of seven drillholes totaling 2,228 meters, part of a larger 8,660-meter program [1]. - Significant intersections include: - Hole NP25-0011: 17.64 m grading 1.9 g/t AuEq or 4.3% ZnEq [6] - Hole NP25-0021: 9.0 m grading 2.1 g/t AuEq or 5.3% ZnEq [6] - Hole NP25-0041: 16.2 m grading 3.3 g/t AuEq or 8.6% ZnEq, including a high-grade interval of 11.1 g/t AuEq or 26.37% ZnEq [6] - Hole NP25-0143: 11 m grading 5.1 g/t AuEq or 13% ZnEq, with a peak of 20.5 g/t AuEq or 50.2% ZnEq [6] - Other drillholes reported no significant intersections, indicating gaps in the mineralization model [8]. Exploration Strategy - The company is compiling and digitizing historical data to evaluate mineralized zones beyond the Coronation area, which is a high-priority target within the 17-kilometer VMS belt [9][10]. - Nova Pacific aims to explore additional zones, including Lady A and Lady C, to potentially expand the resource base [7][11]. Quality Assurance - All drill core is logged, photographed, and analyzed by ALS Canada Ltd., ensuring high standards of quality control and accuracy in assay results [12]. Company Overview - Nova Pacific Metals Corp. is focused on advancing the Lara VMS Project, which is strategically located near key infrastructure and enriched with critical and precious metals [17].

Core Insights - Newcore Gold Ltd. has announced an increase in its 2024-2025 drill program to 45,000 metres at the Enchi Gold Project in Ghana, supported by a strong cash position of approximately $10 million after warrant exercises [1][4] Drill Program Overview - The first phase of the drill program focused on resource growth and infill drilling to convert Inferred Resources to Indicated, targeting near-surface oxide and shallow fresh mineralization [2][16] - The second phase will emphasize discovery and resource growth, including drilling at earlier-stage exploration targets and defining higher-grade structures at depth [2][16] Drilling Results - A total of 25,097 metres in 207 Reverse Circulation holes have been reported, with 98.5% of holes intersecting gold mineralization [6] - Significant drill results include: - KBRC352: 2.25 g/t Au over 56.0 m, including 3.83 g/t Au over 15.0 m [5][7] - SWRC194: 1.85 g/t Au over 62.0 m, with a higher-grade interval of 8.36 g/t Au over 10.0 m [5][7] - KBRC301: 204.27 g/t Au over 1.0 m [5][7] Resource Potential - The drilling has encountered wide zones of gold mineralization, indicating strong continuity and potential for resource growth, particularly outside the current limits of the Mineral Resource Estimate [5][6] - The Enchi Gold Project hosts an Indicated Mineral Resource of 41.7 million tonnes grading 0.55 g/t Au and an Inferred Mineral Resource of 46.6 million tonnes grading 0.65 g/t Au [22] Future Plans - The company is working towards completing the technical work necessary for a Pre-Feasibility Study in 2026, alongside ongoing drilling activities [4][17] - Development work in support of the Pre-Feasibility Study includes metallurgical testwork, hydrogeological testing, and environmental assessments [17]

Core Insights - McFarlane Lake Mining Limited has announced a Mineral Resource Estimate (MRE) for its Juby Gold project, indicating significant gold resources [1] Resource Estimate - The MRE includes 3.17 million inferred ounces of gold at a grade of 0.89 grams per tonne (gpt) [1] - Additionally, it reports 1.01 million indicated ounces of gold at a grade of 0.98 gpt, based on a long-term gold price of US$2500 per ounce [1] - Under a higher gold price scenario of US$3750 per ounce, the resource could yield 5.42 million ounces at a grade of 0.87 gpt, contained in 194 million tonnes [1] Project Location and Classification - The Juby Gold project is located approximately 15 kilometers west of Gowganda, Ontario, and about 90 kilometers west of Temiskaming Shores, Ontario [1] - The MRE has been classified according to CIM Definition Standards on Mineral Resources and Mineral Reserves, adhering to best practice guidelines [1]

Core Viewpoint - Brazilian Rare Earths Limited (BRE) has announced a Maiden Mineral Resource Estimate at the Amargosa Bauxite-Gallium Project, highlighting a significant bauxite resource with premium alumina grades and substantial contained gallium [1][6]. Bauxite Mineral Resource Estimate - The total mineral resource is estimated at 568 million tonnes (Mt) with a Total Available Alumina (TAA) of 29.8% [2]. - The resource includes 98 Mt of Direct-Ship Bauxite with a TAA of 41.9% and 470 Mt of Beneficiable Bauxite with a TAA of 27.3% [4]. Gallium Mineral Resource Estimate - The project contains 27,098,000 kg of gallium, with an average concentration of 47.7 parts per million (ppm) [2][3]. - Direct-Ship Bauxite has a gallium concentration of 51.6 ppm, while Beneficiable Bauxite has 46.9 ppm [3]. Strategic Importance - The contained gallium positions Amargosa as a key player in emerging supply chains for semiconductors, high-performance permanent magnets, and defense applications [3]. - The low reactive silica index (RSI) of the bauxite enhances alumina recovery and aligns with tightening refinery feed specifications [4]. Logistics and Infrastructure - The project benefits from direct highway access to bulk-export logistics in a Tier-1 jurisdiction, facilitating a capital-efficient direct-ship bauxite operation [7][8]. - A Memorandum of Understanding (MoU) has been signed with the Port of Enseada for mine-to-port export logistics [8]. Growth and Development Pathways - A near-term Scoping Study is planned to explore development pathways and long-term value creation options for Amargosa [7]. - The project has significant exploration upside, supported by historical drilling data, providing potential for further resource expansion [8]. Next Steps - Upcoming initiatives include a Scoping Study by the end of 2025, bauxite upgrade test-work, and resource drilling to assess growth and optimization [8].

Accessibility StatementSkip Navigation TSXV:Â PGZÂ |Â Â Â OTCQB: PGZFF Â |Â FRA: 2EU VANCOUVER, BC, Oct. 2, 2025 /PRNewswire/ - Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF) (FRA: 2EU) is pleased to announce the award of mineral rights to three contiguous blocks adjoining the Company's 100%-owned Escacena Project ("Escacena") through a competitive public tender process. The new mineral rights expand the Company's landholding at Escacena on the Iberian Pyrite Belt by 74 ...

Core Viewpoint - Erdene Resource Development Corp. has announced an updated mineral resource estimate for its Zuun Mod molybdenum-copper project, highlighting its significance as one of Asia's largest undeveloped projects and the growing demand for molybdenum in various industries [2][3]. Company Overview - Erdene Resource Development Corp. is a Canada-based resource company focused on gold production at the Bayan Khundii Gold Mine in Mongolia, with interests in a portfolio of precious and base metal projects [20]. Mineral Resource Estimate Update - The updated mineral resource estimate (MRE) for Zuun Mod shows a 50% increase in reported resources compared to the 2011 estimate, with significant increases in both molybdenum and copper resources [7][14]. - The MRE includes a 22% increase in Measured and Indicated molybdenum resources to 333 million pounds and a 95% increase in Inferred molybdenum resources to 300 million pounds [7][14]. - Copper resources also saw a 16% increase in Measured and Indicated resources to 384 million pounds and a 75% increase in Inferred resources to 350 million pounds [7][14]. Project Location and Infrastructure - The Zuun Mod project is located in the Khundii Minerals District of Mongolia, approximately 35 kilometers from Erdene's Bayan Khundii Gold Mine and 180 kilometers from China, the largest consumer of molybdenum [3][9]. - The project benefits from a growing infrastructure in the region, which is crucial for its development and accessibility [3][9]. Future Exploration and Development Plans - The company plans to conduct drilling in Q4 2025 to explore expansion opportunities and copper targets within the porphyry complex [7][10]. - Upcoming work will also include process testing, infrastructure evaluations, and marketing studies to advance the project [12]. Molybdenum Market Outlook - Molybdenum is increasingly valued in various sectors, including aerospace, defense, and advanced electronics, with a bullish outlook for demand due to its critical properties [3][13]. - The project is strategically positioned to supply molybdenum to nearby markets in China, South Korea, and Japan, where processing capacity is expanding [16].

Core Insights - Western Exploration Inc. has filed an amended technical report for the Aura Gold-Silver Project, which includes a revised all-in sustaining cost for the "Base Case" from $1,152 to $1,172 per gold ounce, with no impact on capital costs or economic results [1][5]. Summary by Sections Technical Report Filing - The amended technical report, titled "Preliminary Economic Assessment of the Doby George Deposits and Updated Resource Estimate for the Gravel Creek Gold-Silver Deposits," was filed on SEDAR+ and is effective as of June 17, 2025 [2]. - This report supersedes all previous technical reports for the Aura Project, including the initial technical report dated June 17, 2025 [2]. Economic Assessment - The amended report confirms the economic assessment results from the initial technical report and the previous news releases, with no changes to the underlying inputs or economic outcomes [3][5]. - Key economic metrics for the Doby George 2025 PEA include: - Base Case Gold Price: $2,150 per ounce - Average Annual Operating Cash Flow: $63.3 million - Pre-Tax NCF: $132.4 million - Pre-Tax NPV5: $94.7 million - Pre-Tax IRR: 31.8% [4]. Project Costs - The project capital costs are detailed as follows: - Pre-Production Costs: $127.6 million - LOM Sustaining Costs: $10.5 million [6]. - Operating costs are summarized as: - Total LOM Operating Costs: $253.6 million - Per Tonne Processed: $22.24 [7]. Technical Information - The mineral resource estimate was prepared by qualified persons from RESPEC and KCA, ensuring compliance with NI 43-101 standards [8][9]. - The Aura Project includes three deposits: Doby George, Gravel Creek, and Wood Gulch, located approximately 120 kilometers north of Elko, Nevada [10].