Core Viewpoint - Fortuna Mining Corp. reports positive exploration drilling results from the Southern Arc deposit at the Diamba Sud Gold Project in Senegal, indicating strong potential for resource growth and robust project economics with an estimated after-tax NPV5% of US$563 million and an IRR of 72% at a gold price of US$2,750 per ounce [1][2]. Exploration Results - The company has completed an additional 63 reverse-circulation and diamond drill holes totaling 9,619 meters at Southern Arc, with ongoing drilling using five rigs [3][6]. - Significant drill results include: - DSDD555: 6.8 g/t gold over an estimated true width of 35.5 meters [2][3]. - DSDD574: 1.7 g/t gold over an estimated true width of 29.6 meters and 2.0 g/t over an estimated true width of 20.0 meters [5][6]. - DSDD558: 8.8 g/t gold over an estimated true width of 14.4 meters [4][5]. - DSDD563: 5.8 g/t gold over an estimated true width of 20.8 meters [4][5]. Project Development - The Diamba Sud project is currently at the PEA stage and is advancing towards a feasibility study, with a construction decision targeted for the second quarter of 2026 [1][2]. - An updated resource estimate is expected in the first quarter of 2026, incorporating the latest drilling results [2][3]. Geological Context - Mineralization at Southern Arc is characterized by fine stockwork vein arrays and pyrite-silica flooding, with strong correlation to tectonic breccia and carbonate units [7][8]. - The mineralization remains open to the south, east, and at depth, with drilling only testing to approximately 150 meters below the surface [8].

Proceeds will be used to continue growing and upgrading the Mineral Resource and advance Upscaled Economic Studies in lead up to a Final Investment DecisionNot for distribution to U.S. news wire services or dissemination in the United States. Green Bay Copper-Gold Project, Canada FireFly has received firm commitments totalling approximately A$134.1m (before costs) via a Charity Flow-Through Placement, Institutional Placement, and Canadian bought deal financingFireFly also intends to undertake a non-underwri ...

Core Insights - Abitibi Metals Corp. has reported a significant high-grade copper-gold intercept from its Phase 3 drill program at the B26 Polymetallic Deposit in Québec, confirming exceptional grade continuity and potential for substantial resource growth [3][4][12] Group 1: Drill Results - Hole 1274-17-269W5 returned 17.91% CuEq (13.48% Cu, 5.15 g/t Au) over 6.3 metres, within 6.93% CuEq over 19.5 metres, confirming a world-class grade continuity across an untested 80-metre gap [4][10] - The intercept equates to 23.83% CuEq over 6.3 metres using spot pricing, significantly enhancing the block model [4][8] - The results from hole 1274-25-373W2 extended mineralization 150 metres down plunge, further validating the continuity of mineralization at depth [4][12] Group 2: CEO and Exploration Insights - CEO Jonathon Deluce expressed confidence that a more massive, higher-grade source exists for the copper-gold stringer zone, indicating plans to target a 15 to 30-metre, 10%+ CuEq zone at depth [4][8] - Vice President of Exploration, Louis Gariépy, highlighted that the grades encountered are exceptional, with the interval valued at approximately C$3,500 per tonne, nearly ten times higher than nearby historic intercepts [8][16] Group 3: Future Plans and Resource Growth - The Phase 3 drilling program is fully funded, with 19,182 metres completed out of a planned 20,000 metres, and a Phase 4 program is scheduled for 2026 to support continued resource growth at B26 [8][9] - The current resource model includes 11.3 million tonnes at 2.13% CuEq (Indicated) and 7.2 million tonnes at 2.21% CuEq (Inferred), with expectations for positive contributions to resource expansion from recent results [9][29] Group 4: Project Overview - The B26 project is strategically located near the former Selbaie mine, providing access to necessary infrastructure for mine development [25][26] - Abitibi Metals Corp. focuses on acquiring and exploring high-quality base and precious metal assets in Québec, with the B26 project being a key asset in its portfolio [25][26]

Core Viewpoint - FireFly Metals Ltd is experiencing significant progress at the Green Bay Copper-Gold Project, with strong drilling results and advancements in production restart studies, leading to an upcoming Mineral Resource Estimate update. Drilling and Resource Growth - The company has implemented an eight-rig drilling strategy that has successfully extended and infilled known mineralization at Green Bay, with results expected to contribute to the Mineral Resource Estimate update planned for later this year [2][4][9] - Recent drilling results included notable intersections such as 49.0m at 6.1% copper equivalent (CuEq) and 11.6m at 9.3% CuEq, demonstrating the high-grade potential of the project [7][13][14] Economic Studies and Metallurgical Results - Economic studies are progressing well, with metallurgical tests indicating high recoveries of over 98% for copper and 85% for gold, which are expected to enhance the project's economic viability [30][31][32] - The first economic studies are scheduled for completion in Q1 2026, integrating mining, processing, and infrastructure elements into a cohesive assessment [58][59] Environmental and Engineering Developments - The company has secured environmental approvals for an upscaled restart operation, allowing for a processing capacity of 1.8 million tonnes per annum [33][34] - Engineering studies are underway to optimize mining and processing designs, with recommendations for mining methods that maximize extraction efficiency [37][38] Regional Exploration and New Targets - FireFly has identified numerous new geophysical targets through modern surveys, with plans to accelerate surface exploration and drill testing in high-priority areas [43][46][47] - Exploration activities have commenced at the Tilt Cove Project, which has historical production of copper and gold, with ground EM surveys confirming significant anomalies [51][52] Financial Overview - As of September 30, 2025, the company reported a cash balance of A$114.3 million, positioning it well to fund ongoing exploration and development activities [71] - The company successfully raised approximately A$98.1 million through equity offerings, primarily allocated to the Green Bay project [70]

Core Viewpoint - Serabi Gold plc reported a record quarterly gold production of 12,090 ounces in Q3-2025, marking a 27% increase from Q3-2024, and is on track to meet its 2025 production guidance of 44,000 to 47,000 ounces [4][21]. Operational Highlights - The company achieved a total of 3,875 meters of horizontal development in Q3-2025, a 17% increase compared to Q3-2024 [4]. - Cash balance as of September 30, 2025, was $38.8 million, up from $30.4 million at the end of Q2-2025, with a net cash position of $33.0 million [4][18]. - Year-to-date gold production reached 32,635 ounces, indicating strong performance towards the annual guidance [6]. Production Details - Gold production increased by 27% compared to Q3-2024, driven by improved grades at both the Palito Complex and Coringa, with average plant feed grades rising from 5.43 g/t Au to nearly 7.0 g/t Au [7]. - The Palito Complex produced 5,246 ounces in Q3-2025, while Coringa contributed 6,843 ounces [15]. - The company reported significant intercepts from its drilling program, including high-grade results from various drill holes at both the Palito and Coringa sites [4][13]. Exploration and Development - The ongoing 30,000-meter brownfield surface drill program has led to the discovery of a new orebody at Coringa and extensions of existing zones [4][13]. - The company is advancing development in the Serra and Meio zones at Coringa, with the Galena zone expected to contribute significantly in 2026 [11][12]. - The Palito Complex has seen improved grades, with year-to-date mined grades of 6.21 g/t Au compared to 4.56 g/t Au in the same period of 2024 [12]. Financial Performance - The cash balance increased significantly from $22.2 million at the end of December 2024 to $38.8 million by September 2025, reflecting strong operational performance [18]. - The company repaid a $5.0 million unsecured loan and secured a new $5.0 million loan from Banco Santander, indicating a stable financial position [18]. Future Outlook - The company remains on track to achieve its production guidance for 2025, supported by strong operational results and favorable gold prices [14][21]. - The ongoing exploration efforts are expected to enhance the mineral resource inventory, targeting an increase to 1.5 million to 2.0 million ounces of gold [13].

Core Insights - Newcore Gold Ltd. has successfully completed drilling at its Enchi Gold Project in Ghana, leading to an increase in the 2024-2025 drill program to 45,000 metres due to a strong cash position of approximately $10 million [1][4] - The first phase of the drill program focused on resource growth and infill drilling to convert Inferred Resources to Indicated, while the second phase will target discovery and resource growth at depth [2][15] - Significant gold mineralization has been encountered, with notable high-grade intervals reported, indicating strong continuity and potential for resource growth [5][6] Drilling Program Details - The ongoing drill program has reported a total of 25,097 metres in 207 Reverse Circulation holes, with 98.5% of holes intersecting gold mineralization [6] - The first phase of drilling was primarily focused on shallow mineralization to an average vertical depth of 100 metres, while the second phase will include diamond drilling targeting higher-grade potential at depth [4][15] - Key results from the drilling include intersections such as 2.25 g/t Au over 56.0 m and 204.27 g/t Au over 1.0 m, highlighting the presence of wide zones of gold mineralization [5][7] Resource Estimates - The Enchi Gold Project currently hosts an Indicated Mineral Resource of 41.7 million tonnes grading 0.55 g/t Au containing 743,500 ounces of gold and an Inferred Mineral Resource of 46.6 million tonnes grading 0.65 g/t Au containing 972,000 ounces [21] - The Sewum Gold Zone has an Indicated Mineral Resource of 20.9 million tonnes grading 0.48 g/t Au containing 323,300 ounces and an Inferred Mineral Resource of 21.8 million tonnes grading 0.53 g/t Au containing 373,100 ounces [17] - The Boin Gold Zone has an Indicated Mineral Resource of 13.0 million tonnes grading 0.62 g/t Au containing 258,200 ounces and an Inferred Mineral Resource of 15.9 million tonnes grading 0.68 g/t Au containing 349,600 ounces [18] Future Plans - The company is working towards completing the technical work required for a Pre-Feasibility Study in 2026, alongside the ongoing drilling program [4][15] - Development work in support of the Pre-Feasibility Study includes metallurgical testwork, hydrogeological testing, geotechnical work, and environmental assessments [16] - The drilling program aims to outline resource growth along strike at existing deposits and to define new resource areas, particularly at the Kojina Hill target, which currently has no defined mineral resource [15][20]

Core Insights - Silver47 Exploration Corp. has successfully completed its summer 2025 drill program at the Red Mountain Project in Alaska, intersecting massive sulfides in multiple holes with assays pending [1][3][4] - The company is fully funded with approximately $27 million in working capital, allowing for aggressive growth-oriented drilling on its silver and critical mineral projects [3][4] Drill Program Highlights - The 2025 drill program included 15 holes, with eight at the Dry Creek target and seven at the West Tundra Flats target, contributing to an inferred resource of 15.6 million tonnes at 336 g/t AgEq, equating to 168.6 million silver equivalent ounces [4][18] - Significant mineralization was observed, with multiple holes intersecting massive, semi-massive, and disseminated sulfides, and assays are pending for all drilled holes [4][19] - The Red Mountain Deposit remains open for expansion in multiple directions, with ongoing geological modeling to guide future exploration efforts [4][20] Resource and Target Potential - The Red Mountain Project contains at least 35 mineralized prospects over a 55 km trend, many of which are undrilled or represent preliminary discoveries [4][20] - The ongoing metallurgical study is assessing significant concentrations of antimony and gallium, which are critical for U.S. defense and currently face supply chain risks [4][20] Corporate Update - The company recently closed a brokered private placement for gross proceeds of approximately $23 million, enhancing its financial position for future exploration activities [22]

Core Viewpoint - First Mining Gold Corp. has announced positive drilling results from its 2025 drilling program at the Duparquet Gold Project, indicating strong potential for resource growth, particularly at the Miroir target, with multiple high-grade gold intercepts reported [1][3][8]. Drilling Results - The company has completed approximately 16,000 meters of drilling in 2025, focusing on advancing resource growth targets [1][8]. - At the Miroir target, significant intercepts include drill hole DUP25-064, which returned 3.23 g/t Au over 25.9 meters, and drill hole DUP25-066, which returned 1.37 g/t Au over 30.6 meters [2][4][10]. - The Miroir target has been extended to a vertical depth of 100 meters below the surface, with ongoing drilling indicating continuity of higher-grade mineralization [2][11]. Geological Insights - The Miroir target is interpreted as a folded structure, with mineralization associated with brecciated and altered mafic volcanic host lithologies [3][12]. - The recent drilling results continue to confirm and expand the understanding of the geological model, highlighting multiple near-surface gold zones [9][12]. Project Overview - The Duparquet Project is located in the Abitibi region of Quebec and currently hosts an NI 43-101 compliant gold resource of 3.44 million ounces in the Measured & Indicated category, grading 1.55 g/t Au, and an additional 2.64 million ounces in the Inferred category, grading 1.62 g/t Au [14][15]. - The project spans approximately 5,800 hectares along a 19 km strike length, benefiting from proximity to existing infrastructure [14][15]. Future Exploration Plans - First Mining plans to continue drilling at the Miroir target and other key areas, including CVD, Aiguille, North Zone, South Zone, and Minuit Zone, to further enhance the understanding of mineralization controls [8][9].

Project Overview - Strickland Metals' Rogozna project in Serbia is a significant gold and base metals project with an estimated 7.4Moz AuEq inferred resource [9, 19, 64] - The company has a solid financial foundation with a market capitalization of A$328M (US$216M) and cash reserves of A$52.2M (US$34.4M) to support its growth program [9, 13, 64] - A 50,000m diamond drilling program is underway, focused on resource expansion and new discoveries [9, 19, 21] Resource Estimates - The Shanac deposit contains 150Mt @ 1.1g/t AuEq for 5.30Moz AuEq JORC 2012 inferred resources [24, 29] - This includes a higher-grade zone of 32Mt @ 1.8g/t AuEq for 1.85Moz AuEq (using a >1.2g/t AuEq cut-off grade) [24, 32] - The Medenovac deposit holds 21Mt @ 1.9g/t AuEq for 1.28Moz AuEq JORC 2012 inferred resources [40] - The Copper Canyon deposit contains 28Mt @ 0.9g/t AuEq for 0.81Moz AuEq JORC 2012 inferred resources [48] Exploration Highlights - Drilling at Shanac has revealed a new high-grade copper-gold zone [24, 29] - Significant drill intercepts at Shanac include 309.3m @ 1.2g/t AuEq from 264.3m, including 61.8m @ 2.4g/t AuEq from 505.2m [28, 32] - At Gradina, drilling highlights include 62.7m @ 3.5g/t Au from 386.0m, including 27.8m @ 6.3g/t Au from 388.0m [37] - The Kotlovi prospect, a new discovery, shows potential scale with intercepts like 277.3m @ 1.3g/t AuEq from 337.4m [45, 47] Shareholder Structure - Top 20 shareholders hold 53% of the company [13] - Board and management hold 4.6% of the company [13]

Core Insights - Abitibi Metals Corp. has reported significant assay results from its Phase 3 drill program at the B26 Polymetallic Deposit, indicating strong mineralization and growth potential [3][4][5] Drilling Program Details - A total of 9,060 meters has been drilled out of a planned 17,500 meters for Phase 3, with completion expected by the end of November 2025 [3] - The company currently owns 50% of the B26 Deposit and has the option to earn an additional 30% from SOQUEM Inc. [3] Significant Assay Results - Hole 1274-17-269W3 reported 3.65% CuEq over 21.1 meters within an interval of 1.55% CuEq over 69.0 meters, indicating high-grade mineralization [4] - Additional holes, including 1274-17-269W1b and 1274-17-269W2b, also showed promising results with CuEq values of 3.41% and 3.25% respectively, confirming the expansion of high-grade zones [4][11] Resource Growth Potential - The results validate the continuity of mineralization at depth and support the expansion of the B26 footprint beyond the current resource boundary [4][6] - The current resource estimate stands at 11.3 million tonnes at 2.13% CuEq (Indicated) and 7.2 million tonnes at 2.21% CuEq (Inferred) [6][25] Future Plans - The company is fully funded through Q1 2027 and plans to budget approximately 25,000 additional meters for Phase 4 drilling in 2026 based on ongoing exploration success [4][5] - The focus will also shift towards making new discoveries across Abitibi's 3,328-hectare property in Q4 2025 and Q1 2026 [11]