After-Tax NPV (5%) of $941 Million with an After-Tax IRR of 22.4% at $2,500 / oz After-Tax NPV (5%) of $1,716 Million with an After-Tax IRR of 33.5% at Spot Gold ($3,300 / oz) VANCOUVER, British Columbia, July 14, 2025 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or the "Company") is pleased to announce the positive results of a Feasibility Study ("FS") on its 100% owned Gramalote gold project located in the Department of Antioquia, Colombia (the "Gramalote Project"). ...

Core Viewpoint - Blue Moon Metals Inc. has selected Worley Limited as the engineering contractor to update its feasibility study for the Nussir Copper-gold-silver Project in Norway and advance basic engineering, with detailed engineering expected to follow in 2026 [1][2][3] Group 1: Project Development - The update will transition from the May 2023 JORC-compliant Feasibility Study to a NI 43-101 Feasibility Study, providing a solid foundation for the project's construction [1][2] - The engineering work will primarily take place in Worley's offices in the United Kingdom and Canada, leveraging their expertise in base metal projects [2] - The results from the feasibility study update are anticipated in Q1-2026, incorporating ongoing mine decline construction and innovations in mine design [3] Group 2: Company Background - Blue Moon is advancing three brownfield polymetallic projects, including the Nussir project, which is strategically located with existing infrastructure [5] - The company emphasizes the critical nature of zinc and copper in the global economy and national security, as recognized by the USGS and EU [5] - Worley Limited, headquartered in Australia, employs around 50,000 people across 45 countries and focuses on sustainable energy solutions while delivering essential resources [6]

Core Insights - Millennial Potash Corp. has successfully completed drillhole BA-004 at the Banio Potash Project in Gabon, intersecting over 100m of potash mineralization within the Salt Sequence [1][2] - The drilling results from BA-004 and BA-001-EXT have exceeded expectations, indicating significant potential for increasing the project's potash resources [2] - An updated Mineral Resource Estimate is anticipated following the interpretation of drillhole results, which will support a forthcoming Feasibility Study [2] Drilling Program Details - Drillhole BA-004 reached a depth of 667m and intersected the evaporite-bearing Salt Sequence from approximately 260m to the bottom [1] - The drillhole is located about 3.7km east of BA-001-EXT and was designed to explore the eastward extension of previously identified potash mineralization [2] - Preliminary logging indicates similarities with other drillholes, revealing approximately 7 evaporite cycles with potash mineralization present in each cycle [2] Resource Potential - The combined strike length of known potash mineralization has been extended to approximately 8,000m, potentially adding significant tonnage to the current resources [5] - Current Indicated Mineral Resource Estimate (MRE) stands at 657 million tonnes grading 15.9% KCl, while Inferred MRE is 1.159 billion tonnes grading 16% KCl [5] - The Phase 2 drilling data may facilitate upgrading some resources from Indicated to Measured status and shifting Inferred tonnage to Indicated status [5] Future Plans - Core preparation and sampling will be conducted over the next few weeks, with samples sent to the Saskatchewan Research Council for analysis [2] - The company plans to utilize the data from the Phase 2 drill program for dissolution and geotechnical test-work, which will inform the upcoming Feasibility Study [5]

Cariboo Gold Project Highlights - Cariboo Gold Project has probable reserves of 2071 koz Au (17815 kt grading 362 g/t Au)[25, 44] - Cariboo Gold Project has measured resources of 8 koz Au (47 kt grading 506 g/t Au), indicated resources of 1604 koz Au (17332 kt grading 288 g/t Au), and inferred resources of 1864 koz Au (18774 kt grading 309 g/t Au)[25, 44] - The optimized feasibility study envisions a 10-year mine life with a base case after-tax NPV5% of $943 million and IRR of 221%[45] - The Cariboo Gold Project is expected to produce an average of 190 koz of gold per year over the life of mine, with 202 koz per year in the first 5 years[47] - The all-in sustaining cost (AISC) for the Cariboo Gold Project is estimated at US$1157/oz, and total cash cost is US$947/oz[47] - The initial capital expenditure for the Cariboo Gold Project is estimated at $881 million[47] Tintic Project Highlights - Tintic Project's Trixie deposit has measured resources of 105 koz Au (120 kt grading 2736 g/t Au) and 238 koz Ag (120 kt grading 6173 g/t Ag)[24, 139] - Tintic Project's Trixie deposit has indicated resources of 45 koz Au (125 kt grading 1117 g/t Au) and 240 koz Ag (125 kt grading 5989 g/t Ag)[24, 139] - Tintic Project's Trixie deposit has inferred resources of 51 koz Au (202 kt grading 780 g/t Au) and 315 koz Ag (202 kt grading 4855 g/t Ag)[24, 139] Capital Structure - Osisko Development Corp has a basic market capitalization of C$4178 million, with C$776 million in cash and cash equivalents[30]

Core Viewpoint - NexGold Mining Corp. is advancing its 25,000-metre diamond drill program at the Goldboro Gold Project in Nova Scotia, aimed at improving geological and grade continuity of the Mineral Resource and potentially upgrading Inferred and Indicated Mineral Resources [1][3]. Drilling Program Update - The drill program is progressing well with two active diamond drills, expected to be completed by the end of Q2 2025, with final assay results anticipated in mid-Q3 2025 [1]. - A total of 42 drill holes have been released, representing approximately 30% of the proposed program, with results indicating consistent mineralization with previous drill results [4]. Assay Results - Recent assay results from 11 infill diamond drill holes totalled 3,063.00 metres, showing significant gold intersections, including: - 1.60 g/t gold over 36.80 metres in drill hole BR-25-504, with a high of 53.57 g/t over 0.60 metres [6]. - 0.83 g/t gold over 32.55 metres in the same hole, with 6.00 g/t over 1.60 metres [6]. - Additional notable intersections include 0.61 g/t over 21.80 metres in BR-25-507 and 2.47 g/t over 4.65 metres in BR-25-484 [6]. Geological Model and Resource Update - The existing geological model broadly predicts gold mineralization locations, with adjustments made for local variations where necessary [4]. - The drill program continues to identify additional gold mineralization in previously under-sampled intervals, which will be incorporated into the forthcoming Mineral Resource estimate planned for H2 2025 [4]. Feasibility Study and Permitting - The data from the drill program will support a planned update to the Feasibility Study, which is ongoing while awaiting the final decision on the Nova Scotia Industrial Approval for the project [3]. - The company has received a Notice of Completion regarding its Industrial Approval application, marking a significant milestone in the permitting process for the Goldboro Gold Project [3].

Core Insights - Troilus Gold Corp. is making significant progress in the engineering phase of its Troilus Project, with a finalized main process flowsheet and a dedicated team of approximately 45 engineers working on the project [1][2][4] - The project is on track for a construction decision in 2026, supported by a comprehensive engineering execution plan [1][2] Engineering Progress - The main process flowsheet has been finalized, marking a major milestone in the project [2] - A 12-week initiation program has been completed, demonstrating effective collaboration between Troilus and its engineering partner BBA Inc. [2] - Key trade-off studies have been conducted, leading to design improvements that enhance scalability, operational robustness, and energy efficiency with minimal impact on capital expenditures (CAPEX) [5] Company Background - Troilus Gold Corp. is a Canadian development-stage mining company focused on advancing the former Troilus Mine, located in Quebec, Canada, with a land position of 435 km² [4] - The project is positioned as a cornerstone mining operation in North America, supported by a feasibility study completed in May 2024, which outlines a large-scale 22-year, 50,000 tons per day open-pit mining operation [4] Engineering Partner - BBA Inc. is a leading Canadian engineering firm with over 45 years of experience in the energy, mining, and natural resources sectors, known for its strong technical expertise [3] - BBA has a history with the Troilus project, having previously supported flotation circuit optimization under Inmet Mining, which adds significant value to the current project [3]

Core Viewpoint - Lithium Ionic Corp. has filed an independent NI 43-101 compliant technical report for its 100%-owned Bandeira Lithium Project in Brazil, which includes an updated Mineral Resource Estimate (MRE) announced on May 6, 2025 [1][3]. Group 1: Technical Report and Mineral Resource Estimate - The technical report, titled "Bandeira Lithium Project NI 43-101 Technical Report Mineral Resource Update," was prepared by GE21 Consultoria Mineral Ltda., AtkinsRéalis, L&M Advisory, and Planminas, with an effective date of November 20, 2024 [2]. - The updated MRE includes Measured and Indicated resources of 27.27 million tonnes (Mt) grading 1.34% Li₂O, equating to 901,059 tonnes of lithium carbonate equivalent (LCE), and an additional 18.55 Mt in the Inferred category also grading 1.34% Li₂O, which corresponds to 615,432 tonnes LCE [3]. - The updated MRE increases the Company's consolidated global mineral resources to 36.76 Mt grading 1.31% Li₂O in the Measured and Indicated category, alongside 31.87 Mt grading 1.19% Li₂O in the Inferred category [4]. Group 2: Project Overview and Location - The Bandeira Project covers 158 hectares, representing less than 1% of Lithium Ionic's total 17,000-hectare land position, and is considered one of the most promising lithium development-stage assets in Brazil [5]. - The project is strategically located adjacent to Sigma Lithium's Grota do Cirilo and Barreiro projects, as well as Companhia Brasileira de Lítio's long-standing underground lithium operation [5][8]. Group 3: Future Developments - An updated Feasibility Study to integrate the expanded MRE is currently underway and is expected to be completed in the second half of 2025 [3].

Core Insights - Dakota Gold Corp. is advancing its Richmond Hill Heap Leach Oxide Gold Project towards an Initial Assessment with Cash Flow (IACF) expected in mid-2025 and a Feasibility Study anticipated in early 2027 [1][7] - The company has a cash balance of $47 million as of March 31, 2025, fully financing the IACF and the subsequent Feasibility Study [3] - The Maitland Gold Project is also being developed, with an initial inferred gold resource assessment expected to be completed in fall 2025 [4] Richmond Hill Project - Richmond Hill is one of the largest undeveloped oxide gold resources in the U.S. being advanced by a junior mining company [3] - The project is supported by a consultancy group and is expected to make significant progress in 2025 and into 2026 [5] - The company is currently drilling approximately 80,000 feet (24,384 meters) in 2025, focusing on metallurgical samples and resource expansion [7] Maitland Gold Project - The Maitland Gold Project is assessing exploration data from the JB Gold Zone and Unionville Zone to outline an initial inferred gold resource [4] - The JB Gold Zone has reported high-grade intersections averaging 10.76 g/t Au over 4.0 meters, while the Unionville Zone averages 4 g/t Au over 6.4 meters [4] Leadership and Corporate Structure - Recent additions to the Board and senior management include Todd Kenner, Kevin Puil, Jack Henris, and Amy Koenig, enhancing the company's leadership capacity [5] - The company emphasizes a strong safety record with no loss time incidents over the past four years [5] Feasibility Planning - Dakota Gold has engaged various consulting groups for the IACF and Feasibility Study, with M3 Engineering as the overall Study Manager [7] - The Feasibility Study is expected to be completed in 2027, focusing on a 30,000 ton per day crushing circuit [7]

TORONTO, May 16, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to provide an update on its ongoing 25,000 metre diamond drill program initially announced on January 22, 2025 at the Company’s Goldboro Project in Nova Scotia (“Goldboro”). The drill program is primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentially upgrade certain areas of Inferred and In ...

Core Viewpoint - Liberty Gold Corp. has initiated feasibility fieldwork at its Black Pine Oxide Gold Project in southeastern Idaho, marking the start of a formal feasibility study, with technical data collection supporting engineering studies planned for Q4 2025 [1][6]. Group 1: Feasibility Study and Environmental Impact - The feasibility study for Black Pine will begin in Q4 2025, with baseline studies currently underway to complete an extensive environmental dataset [1]. - The draft Environmental Impact Statement (EIS) for Black Pine is also set to commence in Q4 2025 [1]. Group 2: Drilling and Resource Development - A reverse circulation (RC) exploration drill is currently active, with a second drill rig expected by the end of May, as part of a ~40,000-meter drill program aimed at resource upgrades and extensions [4]. - Key drilling objectives include targeting near-surface oxide gold mineralization in the Rangefront zone, infill drilling in the Discovery zone, and resource conversion along the CD to F Zones [4]. - A Sonic drill rig has begun testing the legacy Heap Leach Pad to assess remnant gold ounces, with a program of approximately 1,200 meters planned [4]. Group 3: Metallurgical and Hydrologic Studies - Two phases of metallurgical studies are planned, including a surface bulk sampling program and studies on lower grade oxide composites to evaluate recoveries [4]. - Hydrologic studies will involve monitoring wells and aquifer pump testing to determine hydraulic conductivity of local aquifers [4]. Group 4: Company Overview and Strategic Goals - Liberty Gold focuses on exploring and developing open-pit oxide deposits in the Great Basin, a region known for its prolific gold production [8]. - The company aims to deliver an updated feasibility-level resource by the end of 2025 and a feasibility study in the second half of 2026, positioning Black Pine as a premier gold development project [6].