Core Insights - Thesis Gold Inc. announced positive results from an independent Prefeasibility Study (PFS) for its Lawyers-Ranch Project, indicating strong economic viability and positioning the project among the top-tier development-stage gold projects globally [1][6][7]. Project Overview - The PFS outlines a plan for developing the Lawyers-Ranch Project using both open pit and underground mining methods, with ore processed at a single facility [3][13]. - The project has an after-tax NPV of CAD 2.37 billion and an IRR of 54.4%, with a payback period of 1.1 years [6][7]. Economic Highlights - At a gold price of USD 2,900/oz and silver at USD 35/oz, the project shows a pre-tax IRR of 73.5% and an NPV of CAD 3.73 billion [7]. - Initial capital expenditure is estimated at CAD 736.2 million, with a compelling after-tax NPV to initial capital ratio of 3.2:1 [7][29]. Production Metrics - The project is expected to produce an average of 266,000 AuEq ounces annually in the first three years, totaling 2.84 million AuEq ounces over the life of mine (LOM) [7][12]. - The average all-in sustaining costs (AISC) are projected at USD 1,185 per AuEq ounce [7][29]. Resource Estimates - The maiden Mineral Reserve statement includes 76.16 million tonnes of ore grading 0.97 g/t Au and 28 g/t Ag, resulting in a total AuEq grade of 1.33 g/t [7][25]. - The PFS is based on a Mineral Resource Estimate effective October 16, 2025, with significant potential for resource expansion and discovery [14][20]. Mining Strategy - The mining strategy integrates conventional open pit operations with underground longhole stoping, targeting high-grade zones [35][41]. - Approximately 96.8% of the mill feed will be sourced from open pit mining, with underground mining focused on deeper, higher-grade zones [35][36]. Processing and Infrastructure - The processing plant is designed for a throughput of 13,700 tonnes per day, utilizing a flexible flowsheet to recover gold and silver [44][46]. - Infrastructure includes open pit and underground mines, a processing plant, tailings storage, and supporting facilities [46][49]. Future Opportunities - The PFS identifies opportunities for further optimization in the upcoming Feasibility Study, including potential resource upgrades and exploration targets [10][13].

Core Insights - Globex Mining Enterprises Inc. is updating shareholders on the progress of two critical mineral properties in New Brunswick, which are under option to Bryah Resources Ltd. and Antimony Resources Corporation [1] Group 1: Bryah Resources Ltd. - Bryah Resources has initiated a 1,000-metre drill program at the Golden Pike gold and antimony project to upgrade the existing foreign resource estimate to a JORC compliant mineral resource estimate [2] - Following the completion of the Golden Pike drill program, the drill will be moved to the Bond Road area for an exploration program targeting high-grade antimony veins, with up to 1,200 metres of exploration drilling planned [2] Group 2: Antimony Resources Corporation - Antimony Resources has filed a NI 43-101 Technical Report on the Bald Hill Antimony project, indicating a potential of 2.7 million tonnes at a grade of 3.0% to 4% antimony, which could yield between 81,000 and 108,000 tonnes of contained antimony, approximately doubling the previous estimate from 2014 [3] - The company is conducting a 6,000-metre drill program to detail and extend the known deposit, which will bring the total drill footage to 15,000 metres [4] - Antimony Resources has announced a financing of up to $10,012,000 to continue work on the Bald Hill property, focusing on becoming a significant North American producer of antimony [5]

Core Viewpoint - Kenorland Minerals Ltd. is nearing the completion of its maiden Mineral Resource Estimate for the Regnault gold deposit within the Frotet Project in Quebec, which is expected to provide a significant valuation for the company's 4% NSR royalty on the project [1][3]. Group 1: Mineral Resource Estimate Details - The upcoming Mineral Resource Estimate will include data from 127,217 metres of drilling across 265 drill holes, marking the first formal quantification of high-grade gold mineralization discovered in 2020 [2]. - The MRE is being prepared by SLR Consulting (Canada) Ltd. and will comply with CIM Definition Standards as required under NI 43-101 [2]. Group 2: Project Overview - The Frotet Project spans 39,365 hectares in the Frotet-Evans greenstone belt and is adjacent to the Troilus Gold Corporation's past-producing Au-Cu mine, which has an indicated resource of 9.32 million ounces of gold [4]. - The Regnault gold system, a greenfields discovery made by Kenorland and Sumitomo in 2020, has undergone extensive exploration totaling 131,713 metres of drilling across 271 drill holes [5]. Group 3: Company Strategy and Position - Kenorland Minerals is focused on project generation and early-stage exploration in North America, utilizing systematic exploration strategies financed through partnerships [9]. - The company holds a 4% net smelter return royalty on the Frotet Project, which is operated by Sumitomo Metal Mining Canada Ltd. [9].

Core Insights - STLLR Gold Inc. has announced a maiden Mineral Resource Estimate (MRE) for its Hollinger Tailings Project, indicating a significant step towards potential cash flows and environmental remediation [2][3][4] Mineral Resource Estimate Summary - The Hollinger MRE includes a total of 412,000 ounces of gold in the Indicated category and 93,000 ounces in the Inferred category, with an average grade of 0.35 g/t Au [5][6] - Phase 1 of the project has an estimated 16.1 million tonnes at a grade of 0.41 g/t Au, containing 212,000 ounces of gold [5][6] - The resource estimate is based on 11,230 meters of sonic drilling from 423 holes, with 82% of the mineralization classified as Indicated [15][20] Business and Development Strategy - The company aims to generate near-term cash flow with minimal capital intensity due to existing infrastructure and high metallurgical recoveries from tailings [3][4] - STLLR has initiated permitting under Ontario's new Recovery of Minerals Regime, designed to expedite the development of such projects [3][18] - The company is exploring mining sequence analysis and operating scenarios tailored to Phase 1 to position it as the starting point for future production [3][4] Community and Environmental Impact - The Hollinger project is expected to provide environmental rehabilitation by reprocessing a century-old tailings facility, benefiting the local community and shareholders [4][22] - The Mayor of Timmins highlighted the project's potential for sustainable development through the remediation of historic mine tailings [4][22]

Core Viewpoint - Aftermath Silver Ltd. has successfully completed the final payment for the acquisition of the Berenguela silver-copper-manganese project ahead of the due date, securing 100% ownership of the project and initiating a comprehensive pre-feasibility study [1][4][3]. Acquisition Details - The final payment was reduced by US$100,000 to US$1.55 million due to an agreement with EMX Royalty Corporation, while SSR Mining Inc. waived the requirement for Aftermath to complete a Pre-Feasibility Study by November 23, 2025 [2]. - The total payment obligations under the Acquisition Agreement amounted to US$13 million, which Aftermath has now fulfilled [5]. Mineral Resource Estimate - As of January 31, 2023, the Berenguela project has a mineral resource estimate of 40.176 million tonnes, with a measured and indicated silver grade of 78 g/t, copper grade of 0.67%, and manganese grade of 2.45% [6][8]. - The inferred resource is estimated at 22.287 million tonnes with a silver grade of 54 g/t and a copper grade of 0.42% [6]. Project Significance - The Berenguela project is considered a critical metals project, and the completion of the acquisition positions Aftermath Silver to capitalize on the growing demand for silver, copper, and manganese [4][1]. - The relative value of the mineral resource by metal is approximately 26% silver, 26% copper, 44% manganese, and 4% zinc [8]. Future Plans - Aftermath Silver is set to initiate a comprehensive pre-feasibility study for the Berenguela project, focusing on the production of silver, copper, and manganese [4].

Core Insights - McFarlane Lake Mining Limited has filed a Mineral Resource Estimate (MRE) for its Juby Gold project, marking a significant milestone for the company and validating the project's potential in Ontario's Abitibi Belt [2][3][11] Company Overview - McFarlane Lake Mining Limited is a Canadian gold exploration and development company focused on the Juby Gold Project, which is located in the Abitibi Greenstone Belt [12][15] - The company holds a portfolio of 100%-owned gold assets in Ontario, including the McMillan Gold Mine and Mongowin properties [15] Mineral Resource Estimate Details - The MRE indicates a total of 1.01 million ounces of gold in the Indicated category at an average grade of 0.98 g/t gold, contained in 31.74 million tonnes, and 3.17 million ounces in the Inferred category at an average grade of 0.89 g/t gold, contained in 109.48 million tonnes [12][13] - The estimate was calculated using a long-term gold price of US$2,500 per ounce, with cut-off grades of 0.25 g/t for open-pit and 1.85 g/t for underground resources [12][10] Exploration and Development Plans - The company plans to focus on unlocking the potential of the Juby deposit, with several high-priority targets identified for resource expansion [3][14] - An exploration drilling program and additional technical studies are actively being planned to further evaluate the gold system [14] Technical Report and Compliance - The MRE was independently prepared by BBA E&C Inc. in accordance with National Instrument 43-101 standards, providing third-party validation of the resource's scale and quality [7][14] - The Technical Report is available on SEDAR+ and the company's website, detailing the methodology and data verification processes [9][14]

Core Insights - Neotech Metals Corp. has successfully completed its 2025 resource definition and delineation drill campaign at the Hecla-Kilmer Rare Earth Project in Ontario, Canada, alongside ongoing environmental and community relations programs [1][6]. Drilling Campaign - The 2025 drill program involved approximately 8,000 meters of new drilling, with core samples currently being logged, sampled, and processed on-site, with assay results expected soon [2][4]. - Nearly 2,000 meters of historical drill core have been submitted for comprehensive rare earth element analysis, which will enhance the geological dataset for the maiden Mineral Resource Estimate planned for 2026 [3]. Project Objectives - The drill campaign aimed to infill, expand, and refine the boundaries of rare earth element mineralization at Hecla-Kilmer, guided by updated 3D geological and geophysical models, to confirm continuity of mineralization across key zones [4]. Environmental and Indigenous Engagement - Neotech has initiated a baseline environmental water sampling program to support ongoing environmental understanding and future permitting activities [6]. - The company is actively engaging with Indigenous Nations through regular dialogue and collaborative planning, integrating Indigenous knowledge into its ESG approach [8]. Strategic Outlook - The CEO of Neotech Metals expressed confidence in the uniqueness and scalability of the Hecla-Kilmer geological system, anticipating a steady stream of assays and technical updates to support the path toward the maiden resource estimate [9].

Core Insights - Trident Resources Corp. has announced significant updates to its Mineral Resource Estimates for its gold deposits, showing an 18% increase in Indicated gold ounces and a 190% increase in Inferred gold ounces compared to previous estimates [1][5][30] Mineral Resource Estimates - The updated Indicated gold ounces total 896,500, while Inferred gold ounces total 1,129,600 across four deposits: Preview SW, Preview North, North Lake, and Greywacke [1][5] - The effective date of the updated Mineral Resource Estimate is November 6, 2025 [1][9] - The estimates reflect a higher gold price assumption of US$2,600 per ounce, compared to previous estimates which were based on US$1,500 to US$1,700 per ounce [5][9] CEO Commentary - The CEO emphasized the company's vision to create a significant gold exploration entity in Saskatchewan, highlighting the updated estimates as a confirmation of the quality and potential of the deposits [3][30] - The company is positioned for further growth with strong funding and an ambitious exploration program planned [3][30] Exploration Potential - Trident is actively exploring the Contact Lake project, which was a former producing gold mine, and recent drilling results suggest the presence of a robust gold-mineralized system [3][5] - The company aims to expand its resource totals through ongoing exploration efforts [3][5] Detailed Resource Breakdown - The Indicated resources for each deposit are as follows: - North Lake: 469,700 ounces at 0.890 g/t - Preview SW: 314,700 ounces at 1.537 g/t - Preview North: 40,800 ounces at 1.359 g/t - Greywacke: 71,400 ounces at 2.174 g/t [6][12][14] - The Inferred resources for each deposit are as follows: - North Lake: 481,300 ounces at 0.724 g/t - Preview SW: 531,900 ounces at 1.115 g/t - Preview North: 7,400 ounces at 0.628 g/t - Greywacke: 109,100 ounces at 1.242 g/t [6][12][14] Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on gold and copper projects in Saskatchewan [30]

Core Insights - Q-Gold Resources Ltd. has signed an agreement with Kappes, Cassiday & Associates to initiate a preliminary economic assessment on the Quartz Mountain Gold Project in Oregon, USA [1][2] - The project is expected to unlock significant shareholder value, supported by a recently completed NI 43-101 technical report and financing [2][4] - The PEA will evaluate the project's economic potential, including mining methods, processing options, capital and operating costs, and projected financial returns [3][4] Project Details - The Quartz Mountain Gold Project was acquired from Alamos Gold in Q3 2025 and is located in a historically proven mining district in southcentral Oregon [2] - The recent mineral resource estimate indicates approximately 1,543,000 ounces of gold at a grade of 0.96 g/t and 2,049,000 ounces of silver at a grade of 1.27 g/t within 50,002,000 tonnes in the indicated category [5] - An additional 148,000 ounces of gold at a grade of 0.77 g/t and 135,000 ounces of silver at a grade of 0.70 g/t are found within 5,992,000 tonnes in the inferred category [5] Strategic Advantages - The project benefits from a favorable location, established infrastructure, and a solid mineral resource base, with gold designated as a strategic asset in the USA [4] - The results of the PEA are anticipated to be completed in the coming months and will inform future technical studies and permitting activities [4]

Core Insights - Q-Gold Resources Ltd. has signed an agreement with Kappes, Cassiday & Associates to initiate a preliminary economic assessment (PEA) for the Quartz Mountain Gold Project in Oregon, USA [1][2] - The PEA aims to evaluate the project's economic potential, including mining methods, processing options, capital and operating costs, and projected financial returns [3][4] - The Quartz Mountain Gold Project has an estimated mineral resource of 1,543,000 ounces of gold at a grade of 0.96 g/t and 2,049,000 ounces of silver at a grade of 1.27 g/t [5] Company Developments - The engagement of KCA, along with a recently completed NI 43-101 technical report, positions Q-Gold to unlock significant shareholder value from the Quartz Mountain Gold Project [2] - The project was acquired from Alamos Gold in Q3 2025 and is located in a historically proven mining district [2][4] - Q-Gold anticipates an active period ahead as it advances the Quartz Mountain Gold Project through critical development milestones in 2025 and 2026 [2] Project Details - The PEA will provide a comprehensive evaluation of the project's economic potential and is expected to be completed in the coming months [3][4] - The Quartz Mountain Gold Project is amenable to conventional open-pit mining methods [5] - The project benefits from its favorable location, established infrastructure, and solid mineral resource base, with gold designated as a strategic asset in the USA [4]