Core Viewpoint - Metalsource Mining Inc. is advancing its diamond drilling program at the Silver Hill Project in North Carolina, with promising results indicating significant sulphide mineralization [1][2]. Drilling Results - Drill hole SH26-07 intersected a broad zone of mineralization between approximately 129.85m and 155.45m, featuring multiple intervals of semi-massive to massive sulphides, including sphalerite, galena, and pyrite [3][6]. - Drill hole SH26-08 has intersected sulphide mineralization starting at approximately 185m to 191m, with an apparent thickness of 6m and an estimated true thickness of 4m, located south of historic underground workings [4][6]. Geological Context - The Silver Hill Project is situated in the Carolina Terrane, characterized by volcaniclastic and volcano-sedimentary rocks of Neoproterozoic and Cambrian age, with mineralization extending to 550m from the surface [9]. - Recent surface sampling has yielded high-grade results, including 444g/t Ag, 17.7g/t Au, 8.61% Pb, and 0.507% Zn from drill hole SH25-003 [9]. Ongoing Exploration - The current drilling program aims to test down-dip and along-strike extensions of the mineralized system, with plans for step-out drilling to evaluate continuity and scale [6][7]. - Core processing is ongoing, with logging, sampling, and laboratory analysis in progress to determine the economic significance of the identified mineralization [6][7].

Core Viewpoint - XXIX Metal Corp. is advancing its Thierry Copper Project, highlighting the potential for resource expansion and improved economic parameters due to rising copper prices and a comprehensive reinterpretation of geological data [2][5][9]. Geological Overview - The Thierry project includes K1 and K2 zones, with over 210,000 meters of historical drilling and extensive geological data supporting the resource definition and expansion efforts [3][7]. - Recent data validation and reinterpretation have established a modern geological database, enhancing the understanding of the system scale and potential for value creation [4][9]. Resource Potential - Thierry is noted as a rare opportunity in Canada, controlling two of the three largest copper resources in Eastern Canada, with no royalties attached [5]. - The updated interpretation suggests a higher-grade underground operation at K2 and a large-scale, bulk-tonnage copper-PGE open pit at K1 [5][9]. Economic Factors - Current copper prices exceed $5.00/lb, compared to $3.75/lb used in previous resource estimates, allowing for lower potential cut-off grades and improved project economics [9][10]. - The existing mineral resource estimates at K1 and K2 are being re-evaluated under these improved economic conditions [9]. Infrastructure and Development - Thierry benefits from strong infrastructure, including well-maintained roads, power, water access, and proximity to an airport and rail, positioning it for efficient development [11]. - The company plans an active exploration season in 2026 to further evaluate high-potential targets and unlock the project's full potential [11].

Core Insights - Tsodilo Resources Limited has confirmed significant critical minerals and rare earth element (REE) mineralization at its Gcwihaba Metals Project in Botswana, particularly at the C26 and C27 targets, which were identified through geophysical surveys and confirmed by diamond core drilling [1][3][5] Exploration Results - The conceptual exploration target for the Gcwihaba project ranges from 81 to 97 million tonnes with grades between 0.05% and 1.49% Total Rare Earth Oxides (TREO), with the REE exploration target extending four kilometers in length [3][17] - The highest grade recorded so far is 1.49% TREO at the C27 skarn, validating the company's exploration approach [5][16] - The C26 and C27 skarn features contain all fifteen REE elements listed on the U.S. Department of Interior's 2025 Critical Minerals List, along with five additional critical minerals [6][7] Drilling Program - A 15,000-meter diamond drill program is set to commence in 2026 to obtain a compliant NI43-101 resource statement, focusing on defining high-grade REE zones and evaluating the polymetallic potential of the system [6][18] - The 2026 drilling campaign will include approximately 50 NQ-size drill holes [18] Mineralization Details - The skarn deposits are located within carbonate-rich lithologies and are characterized by a polymetallic assemblage, including copper, cobalt, nickel, vanadium, and silver [15][16] - Notable drill results include high-grade REE intercepts, with specific results from the C27 skarn showing 1.49% TREO over 2 meters and 1.23% TREO over 1 meter [9][12] Industry Context - The demand for rare earth elements is projected to grow at 9.2% annually through 2030, with global supply currently concentrated in China [7][8] - Rare earth elements are critical for applications in electric vehicles, wind turbines, and defense technologies, highlighting the strategic importance of the Gcwihaba project [7][21]

Core Insights - Nova Minerals Limited announced promising near-surface gold results from its RPM North deposit, part of the Estelle Gold and Critical Minerals Project in Alaska, indicating strong potential for resource expansion [1][2][3] Group 1: Drilling Results - The 2025 drilling program at RPM North included seven diamond core holes, confirming the continuity of mineralization and identifying an eastern extension that could significantly increase resources [4][5] - Significant drill results include: - 180m @ 0.7 g/t Au from 4m, with highlights of 108m @ 1.1 g/t Au and 27m @ 2.5 g/t Au [5] - 162m @ 1.0 g/t Au from 3m, including 54m @ 1.6 g/t Au [5] - 167m @ 0.7 g/t Au from 187m, with 123m @ 0.9 g/t Au [5] - Hole RPM-080 reported a high-grade intersection of 19.7 g/t Au from 15.2m to 17.6m, showcasing the potential for high-grade mineralization [4][5] Group 2: Future Plans and Studies - The company plans to continue exploration in 2026 to identify additional mineralization and will incorporate the latest results into an updated resource estimate for the upcoming Feasibility Study (FS) [3][5] - Ongoing technical studies and optimization work aim to advance the project towards commercial production, with various consulting firms engaged in metallurgical and mining studies [4][5][29] Group 3: Project Overview - The Estelle Project encompasses 514 km of mining claims in Alaska's Tintina Gold Belt, known for its significant gold and antimony resources, with multiple advanced prospects and two defined multi-million ounce resources [32] - The project is strategically located near major gold mines, enhancing its potential for future development [32]

Core Insights - Radisson Mining Resources Inc. has made significant advancements in the exploration and development of its 100%-owned O'Brien Gold Project in 2025, with plans for the largest drill program in 2026, supported by a strong treasury [1][3] 2025 Milestones - The company adopted a more aggressive exploration strategy in late 2024, targeting deeper mineralization at the O'Brien Project, resulting in successful drill results, including a notable intercept of 31.24 grams per tonne gold over 8.0 metres at a depth of 1,500 metres [3][5] - An 82% success rate was achieved in intersecting mineralization during the step-out drill program, with 56 out of 68 completed holes reporting new gold mineralization consistent with the Project's mineral resource estimate [5][7] - The Preliminary Economic Assessment (PEA) released in 2025 highlighted the project's low capital expenditure and environmental footprint, utilizing existing offsite facilities for processing [3][5] 2026 Work Program - The approved work program for 2026 includes approximately 35,000 metres of drilling, with a focus on delineating high-grade gold mineralization beneath the historic O'Brien mine [5][6] - The program aims to complete a total of 140,000 metres of drilling by 2027, with a budgeted cost of C$21 million, or approximately C$290 per metre [6] - A comprehensive metallurgical study indicated gold recoveries between 86% and 96%, and the company plans to enhance assay methods to improve turnaround times [5][6] Drill Results - Since late 2024, Radisson has published results from 68 drill holes, with 56 holes intersecting gold mineralization averaging greater than 3 g/t Au, reflecting the potential for future resource contributions [7][8] - The company is currently processing an additional 18 drill holes from the 2025 program, which are in various stages of logging and assaying [7] Financial Position - Radisson completed C$37 million in equity financings and expects to end 2025 with a treasury of approximately C$32 million, fully funding its 2026 work programs [5][6] Community Engagement and Environmental Studies - Ongoing grassroots exploration and environmental baseline studies are being conducted to assess the project's impact and engage with local communities, including First Nations [14]

Core Viewpoint - Guardian Metal Resources plc has submitted a S-K 1300 Technical Summary Report and an updated Mineral Resource Estimate for its Pilot Mountain tungsten Project, indicating a 16% increase in open pit constrained indicated mineral resources compared to the 2018 Scoping Study [1] Group 1: Company Developments - The updated Mineral Resource Estimate is pit-constrained, making it potentially suitable for open-pit mining [1] - The Pilot Mountain tungsten Project is 100%-owned by Guardian Metal and is located in Nevada, USA [1] - The development of a domestically mined source of tungsten in the United States is being positioned for the first time in over a decade, subject to permitting, financing, and further technical work [1] Group 2: Industry Context - The report aligns with Regulation S-K 1300, which governs the disclosure of mineral resources in the United States [1] - The ongoing drilling activities at the Pilot Mountain Project suggest a commitment to further exploration and resource development [1]

Core Viewpoint - Kirkland Lake Discoveries (KLDC) has entered into a definitive agreement to acquire the Mirado Gold Project, which has an inferred historical resource of approximately 442,000 ounces of gold, enhancing the company's exploration pipeline while maintaining focus on its primary targets [1][2][3]. Transaction Highlights - The Mirado acquisition is located about 15 km south of KLDC's flagship claim package, providing strategic optionality for shareholders without detracting from the company's core focus [2][3]. - The transaction involves KLDC acquiring a 100% interest in the Mirado Property, free of liens and encumbrances [20]. Financial Considerations - As part of the acquisition, KLDC will issue approximately 40,050,398 common shares to Orecap, representing 19.9% of KLDC's issued and outstanding shares, valued at $0.28 per share as of December 16, 2025 [21]. - The shares will be subject to a four-month hold period and a 12-month lock-up period [21]. Historical Resource Estimates - The Mirado Gold Project has a historical mineral resource estimate of 10.6 million tonnes at a grade of 1.29 g/t Au, containing about 442,000 ounces of gold [6][9]. - A Preliminary Economic Assessment (PEA) from 2018 reported a pit-constrained resource of 559,000 tonnes at 2.61 g/t Au, indicating potential for further resource growth through additional drilling [8][10]. Geological Setting and Mineralization - The Mirado deposit is situated within the Abitibi Greenstone Belt, characterized by a hybrid orogenic-intrusion-related system with mineralization open at depth [12][13]. - Historical high-grade surface samples and an untested IP anomaly suggest significant exploration upside in the region [9][12]. Ongoing Exploration Focus - KLDC's exploration programs and strategic priorities for its flagship claim package remain unchanged, with ongoing drilling and exploration activities expected to yield results in the near future [18][19]. - A second drill rig has been mobilized to target additional anomalies, further advancing exploration efforts [19].

Core Insights - Happy Creek Minerals Ltd. has reported significant drill results from the 2025 program at the Fox Tungsten Project, indicating potential resource expansion and continuity of tungsten mineralization [1][2]. Group 1: Drill Results - The 2025 drill program included 18 diamond core drill holes totaling 2,176 meters, focusing on the expansion of tungsten resources at the Ridley Creek (RC) and BN zones [2][6]. - Notable results from the RC zone include: - 1.18 meters grading 6.83% WO3 from 31.2 meters in hole F25-13 - 1.00 meters grading 2.22% WO3 from 47.0 meters in hole F25-01 - 0.95 meters grading 1.11% WO3 from 36.5 meters in hole F25-02 [2][6]. - The BN zone drilling revealed: - 1.00 meters grading 0.88% WO3 from 105.0 meters in hole F25-16 - 1.65 meters grading 0.57% WO3 from 218.3 meters in hole F25-16 - 2.50 meters grading 0.25% WO3 from 106.2 meters in hole F25-17 [2][3]. Group 2: Geological Insights - The RC zone is approximately 400 meters by 175 meters, with a thickness ranging from 5 to 25 meters, and is open to the west beneath Deception Mountain [7][10]. - The BN zone consists of three stacked calc silicate horizons, with the middle horizon being the best defined and containing most of the current resource, located 20 to 80 meters below the surface [14][15]. Group 3: Exploration Focus - The 2025 drilling program aimed to explore the extent of calc silicate hosted tungsten mineralization mainly to the west and south, confirming geological continuity and expanding the resource area [10][16]. - The drilling at the BN zone tested the potential for mineralized horizons to extend to the northwest and at depth, indicating further resource expansion potential [16].

Core Insights - First Majestic Silver Corp. has announced significant expansions in gold and silver mineralization at the Santo Niño and Navidad discoveries, with new drilling results exceeding the previously declared 2024 Inferred Resources [1][5][7] - The company is initiating scoping-level studies for potential mining strategies at both discoveries, which will guide future development [2][4] - Metallurgical testing indicates excellent recovery rates for gold and silver, exceeding 95%, confirming compatibility with the Santa Elena processing plant [3][16] Exploration and Drilling Highlights - At Santo Niño, 15,307 meters of drilling over 32 holes have defined extensive mineralization, extending over 1,100 meters by 400 meters, with true thickness ranging from 2.5 meters to 5.0 meters [5][13] - At Navidad, 10,161 meters of drilling has been completed, revealing significant intercepts that extend over 1,200 meters by 400 meters, with an average true thickness of 3.0 meters to 4.0 meters [7][19] - The Luna Zone has seen 11,190 meters of infill drilling, enhancing geological understanding and supporting the conversion of Inferred Mineral Resources to Indicated Mineral Resources [8][19] Management and Strategic Developments - Mani Alkhafaji has been promoted to President & Chief Corporate Development Officer, effective January 1, 2026, as part of the company's growth strategy [31][32] - The company plans to increase throughput at the Santa Elena plant from approximately 3,200 tonnes per day to 3,500 tonnes per day by the end of 2026, reflecting confidence in long-term operations [4][11] District Exploration - The Santa Elena District has completed approximately 66,800 meters of exploration drilling in 2025, exceeding the planned 64,000 meters, indicating a proactive approach to exploration success [11][19] - The exploration program continues to yield positive results across multiple targets, reinforcing the district's potential for further mineral resource additions [11][19]

Core Insights - McEwen Inc. has announced new drill results from its Froome Mine, indicating significant geological potential and active drilling to expand results [1][2] Group 1: Drill Results and Mineralization - The recent drill results have extended high-grade gold mineralization by 100 meters vertically, marking a 45% increase since July 2025 [2] - Gold mineralization has been extended up to 50 meters west, which may increase the number of defined ounces per vertical meter, thereby lowering future production costs [5] - Some of the deepest intersections confirm that gold mineralization remains open at depth, suggesting additional resources exist below the current planned limit of the mine [4] Group 2: Economic Implications - The potential to extend Froome's mine life and improve economics is highlighted, with mining expected to commence in H1 2026 in areas near recently completed underground infrastructure [6][9] - Greater mining flexibility is anticipated, enabling higher production and lower costs, with mill feed from multiple sources expected from H2 2026 [9] Group 3: Future Plans - Surface diamond drilling will continue into Q1 2026 to further define the mineralization that remains open to the west and at depth [17] - An updated resource estimate for Froome West is planned for publication at the end of February 2026 [17]