Core Viewpoint - Founders Metals Inc. has signed a binding Letter of Intent to acquire a 36,000 hectare exploration concession adjacent to its Antino Gold Project, significantly expanding its land position to approximately 56,000 hectares, which is considered a transformational move for the company in the underexplored Guiana Shield gold belt [1][3][4]. Acquisition Details - The new concession covers an area historically explored by Canarc Resources from 1996 to 2007, and Founders has the exclusive right to conduct legal due diligence over a 90-day period before finalizing the purchase agreement [4]. - The acquisition nearly triples the company's land position, enhancing its exploration potential in a district-scale opportunity [3][7]. Exploration Potential - The acquisition provides immediate opportunities to extend high-grade gold mineralization along a 1,000-meter strike extension, supported by historical auger data [3][7]. - Multiple high-grade shear zones have been identified, with recent grab sample results showing gold grades of 26.01 g/t, 36.84 g/t, 11.44 g/t, and 70.93 g/t [7]. - A substantial historical exploration database includes 1,860 line-km of aeromagnetic and radiometric survey data, 1,877 historical auger samples, and a robust 5 km x 2.5 km historical gold anomaly that has never been drill tested [7]. Company Overview - Founders Metals is focused on advancing the Antino Gold Project in Suriname, which has produced over 500,000 ounces of gold from historical mining [8]. - The company is committed to responsible exploration and aims to deliver long-term value to shareholders through technical excellence and strategic growth in the Guiana Shield [8].

Core Insights - Lake Victoria Gold Ltd. (LVG) is mobilizing a second multipurpose drill rig to expedite drilling at the Imwelo Gold Project in Tanzania, which is fully permitted [1][2] - The current drilling program consists of twenty-four holes totaling 4,000 meters, with the first three holes already completed and assays pending for the first two [2][3] - The company aims to complete the drilling program by the second week of December 2025, enhancing the momentum towards production readiness [2][3] Company Overview - Lake Victoria Gold is a growing gold exploration and development company listed on the TSX Venture Exchange, focusing on the Lake Victoria Goldfield in Tanzania [5] - The company holds a 100% interest in the Imwelo Project, which is fully permitted for mine construction and production, positioning it as a near-term development opportunity [6] - LVG has a highly experienced team with over 60% of shares owned by management, directors, and partners, indicating strong insider confidence [7] Drilling Program Objectives - The drilling program at Area C aims to refine the final pit design, improve resource confidence, and test down-dip extensions to enhance resource growth [8] - The program includes collecting core samples for metallurgical testing to validate recoveries and inform early mine sequencing [8] - Early visual observations from the first three holes have shown multiple zones of quartz veining and alteration, aligning with the company's expectations [3]

Calgary, Alberta--(Newsfile Corp. - October 15, 2025) - North Peak Resources Ltd. (TSXV: NPR) (OTCQB: NPRLF) (the "Company" or "North Peak") announces that it has begun its Autumn drilling campaign at its Prospect Mountain Mine complex (the "Property"). The Property lies in the heart of the Eureka, Nevada mining camp along the famous Battle Mountain/Eureka gold trend. The Eureka camp has produced more than 3.1 Moz's in gold to date.1 Historical mines and current mineral deposits in the area are located at ...

Lake Victoria Gold Announces Imwelo Area C Drilling Underway: 4,000 m to Finalize Pit Design & Grow OuncesOctober 09, 2025 3:00 AM EDT | Source: Lake Victoria Gold Ltd.Vancouver, British Columbia--(Newsfile Corp. - October 9, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) ("LVG" or the "Company") is pleased to announce that drilling is underway on a 4,000-metre, multi-purpose program at the fully permitted Imwelo Gold Project in northwestern Tanzania. The first of approx ...

Summary of Cabral Gold Conference Call Company Overview - **Company**: Cabral Gold Inc. (OTCPK:CBGZ.F) - **Industry**: Junior mining, specifically gold mining - **Location**: Brazil, specifically southeastern Pará State - **Market Cap**: Approximately $120 million with 273 million shares issued [6][6] Key Points and Arguments - **Gold Project**: Cabral Gold has a gold deposit of 1.2 million ounces, with potential to grow to 5 to 10 million ounces based on geological assessments [4][25] - **Historical Context**: The Tapajós region is known for the largest gold rush in history during the 1980s, with significant placer gold recovery [7][7] - **Development Strategy**: The company plans a two-stage development strategy, starting with mining saprolite material, which is expected to generate approximately $75 million annually at current gold prices [5][17] - **Drilling and Discoveries**: In the last three years, four new gold discoveries have been made, with ongoing drilling expected to yield significant results [10][27] - **High-Grade Results**: Recent drilling results include 11 meters at 33 grams per ton and 12 meters at 27 grams per ton, indicating high-grade gold deposits [10][14] - **Resource Update**: A resource update is anticipated within the next 12 months, with an additional 20,000 meters of drilling planned [27][27] Financial Aspects - **Funding Needs**: The initial capital cost for the starter operation is estimated at $37 million, with a construction decision expected soon [22][22] - **Profitability Metrics**: The internal rate of return (IRR) is projected at 78% at a gold price of $2,500 and 151% at $3,500, with an all-in sustaining cost of $1,200 per ounce [20][20] Management and Investment - **Management Commitment**: The CEO has invested $2 million of personal funds into the company, highlighting management's commitment to the project [6][28] - **Market Position**: The company is positioned next to G Mining Ventures, which operates Brazil's third-largest gold mine, providing a strategic advantage [8][29] Additional Insights - **Exploration Potential**: There are 50 other targets identified within the district, indicating a rich exploration potential beyond the current deposits [15][15] - **Community and Environmental Considerations**: The company does not foresee significant risks from small-scale miners due to the location of their deposits on hilltops [24][24] Conclusion Cabral Gold Inc. presents a compelling investment opportunity in the gold mining sector, with significant growth potential, strong management commitment, and a strategic location adjacent to established gold operations. The upcoming resource update and financing efforts are key catalysts to watch in the next 12 months [26][26]

Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) ("LVG" or the "Company") is pleased to announce the commencement of a 4,000-metre, multi-purpose drilling campaign at the Area C zone of its fully permitted Imwelo Gold Project in northwestern Tanzania. The program is designed to support short-term production readiness, resource expansion and conversion, and final pit design optimization. This campaign forms a key component of LVG ...

~Acquisition adds substantial Yukon gold project to Company’s portfolio~ VANCOUVER, British Columbia, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Blue Jay Gold Corp. (“Blue Jay” or the “Company”) is pleased to announce that it has completed the previously announced acquisition (the “Transaction”) of Tincorp Metals Inc.’s (TSXV: “TIN”; OTCQX: “TINFF”, “Tincorp”) wholly-owned subsidiary, Whitehorse Gold (Yukon) Corp. (“Whitehorse Gold”), effective September 29, 2025. Whitehorse Gold holds a 100% interest in the Skukum ...

Core Viewpoint - Japan Gold Corp. has announced the termination of its strategic alliance with Barrick Mining Corporation, effective October 31, 2025, while also reporting results from its recent drilling program at the Ebino Project [1][4]. Group 1: Termination of Barrick Alliance - The Barrick Alliance was established in 2020 to explore and develop gold mineral properties in Japan, focusing on potential Tier 1 or Tier 2 gold deposits [2]. - Japan Gold received a total funding of approximately $23.16 million (US$17.38 million) from Barrick for work completed under the alliance, which included creating a geochemical and geophysical database for its 3,000 sq km mineral rights portfolio [3]. - As of the effective date, Barrick will no longer hold any rights or interests in Japan Gold's mineral rights, including the Barrick Alliance Projects [4]. Group 2: Future Plans and Exploration - Japan Gold remains committed to advancing its projects independently or through new joint ventures, focusing on two district-scale areas in Kyushu and Hokkaido, as well as several individual projects [5]. - The company is actively engaged in discussions with interested parties regarding exploration opportunities in Japan [5]. Group 3: Ebino Project Drill Results - The recent three-hole diamond drill program at the Ebino Project confirmed the extension of a regional alteration system in the Hokusatsu District, which hosts significant gold mines [6][8]. - The drilling program totaled 1,528 meters and targeted gold mineralization in historically underexplored areas, successfully intersecting zones of hydrothermal clay alteration [9]. - Although significant gold mineralization was not found, the results are considered encouraging for future exploration efforts [9].

Core Insights - Newcore Gold Ltd. has raised approximately $3.8 million from the exercise of 9,558,578 common share purchase warrants, which expired on September 26, 2025, with an exercise price of $0.40 [1][2] - The company has a cash balance of approximately $10.1 million, which will support a 35,000-metre drill program and development work for the Enchi Gold Project, aiming for a Pre-Feasibility Study in H1 2026 [2][3] - Newcore Gold's leadership is aligned with shareholders, holding approximately 15% equity ownership, and is focused on advancing the Enchi Gold Project located in Ghana [2][3] Financial Overview - The exercise of the warrants has resulted in a total of 262,986,096 common shares issued and outstanding, with additional dilutive securities including 9,475,000 stock options and 20,423,000 common share purchase warrants at an exercise price of $0.50, expiring on February 27, 2026 [2] - If the additional tranche of warrants is fully exercised, it could provide approximately $10.2 million in funding for ongoing drilling and development at the Enchi Gold Project [2] Project Development - The Enchi Gold Project is located in Ghana, which is Africa's largest gold producer, and covers a 248 km land package along the Bibiani Shear Zone, known for hosting several multi-million-ounce gold deposits [3] - The company is currently conducting a drill program that includes exploration drilling to depth and development work to support a Pre-Feasibility Study scheduled for next year [2][3]

Core Viewpoint - Altamira Gold Corp. has received an Environmental Installation License for trial mining at the Cajueiro Project in Brazil, marking a significant milestone for the company and potentially paving the way for future mining activities [1][2]. Cajueiro Project Overview - The Cajueiro project is located approximately 75 km NW of Alta Floresta in Mato Grosso, Brazil, and is accessible by road, situated on open farmland with grid power and local water supply [3]. - The project is the most advanced among Altamira's key projects in the region [3]. Environmental License Details - The Environmental Installation License (LI No. 3651/2025) is valid for two years until September 22, 2027, covering the northern part of the Central Resource Area [4][13]. - The license allows for the construction of a plant to process up to 100,000 tonnes of material per year across two mineral rights [4][13]. Resource Estimates - The Cajueiro Central area has an open pit resource of 5.66 million tonnes at 1.02 g/t gold, totaling 185,000 ounces in the Indicated Resource category, and 12.66 million tonnes at 1.26 g/t gold, totaling 515,000 ounces in the Inferred Resource category [6]. - The Maria Bonita open-pit resource consists of Indicated Resources of 24.19 million tonnes at 0.46 g/t gold (357,800 ounces) and Inferred Resources of 25.64 million tonnes at 0.44 g/t gold (362,400 ounces) [7]. Potential Benefits of Trial Mining - Trial mining could provide near-term cash flow, generate valuable geological information, and enhance understanding of gold mineralization at the Cajueiro Central deposit [2][4]. - The Baldo and Matrincha targets are identified as potential sources of feed for the trial mining operation [4][13]. Exploration and Development Potential - Ongoing exploration indicates the presence of multiple porphyry gold systems, reinforcing the potential for district-scale development [18]. - The region has a historical record of significant gold production, highlighting its exceptional gold endowment and scalability potential [18].