Core Viewpoint - Thor Explorations reported strong financial and operational results for Q3 2025, driven by increased gold production and favorable market conditions, with a net profit of US$43.1 million and significant advancements in exploration activities across its projects [13][14]. Financial Highlights - Revenue for Q3 2025 reached US$69.9 million, a substantial increase from US$40.2 million in Q3 2024 [7]. - The company sold 19,650 ounces of gold at an average price of US$3,535 per ounce, with cash operating costs of US$783 per ounce and all-in sustaining costs (AISC) of US$1,129 per ounce [7]. - Adjusted net cash position improved to US$81.0 million, up from US$3.2 million in Q3 2024 [7]. Operational Highlights - Gold poured totaled 22,617 ounces during Q3 2025, compared to 20,110 ounces in Q3 2024 [7]. - The Segilola mine processed 250,459 tonnes of ore at an increased throughput rate of 2,722 tonnes per day, with a mill feed grade of 3.11 grams per tonne [7]. - The process plant recovery rate improved to 94.3%, up from 88.5% in Q3 2024, with no significant unplanned downtime [13][14]. Exploration Activities - The life of mine extension drilling program at Segilola continued, focusing on depth extensions of the deposits [5][15]. - A reverse circulation drilling program was completed at the Baraka 3 Prospect, with encouraging initial results from metallurgical tests [11][16]. - The company aims to define an updated resource for Segilola by the end of 2025, with a release planned for Q1 2026 [15]. Strategic Acquisitions - Thor Explorations signed a binding agreement to acquire the remaining 30% interest in the Douta Project for US$3.0 million, enhancing its ownership to 100% [11][16]. - The company also acquired a 65% interest in the Bousankhoba Exploration Permit, which is expected to provide long-term exploration potential [11][16]. Community and ESG Initiatives - The company undertook a community medical outreach program, benefiting over 3,000 residents, and launched SegunCare for chronic health conditions [17]. - Environmental initiatives included a 62% increase in reclaimed water use and improvements in energy and emissions intensity compared to Q3 2024 [17].

Core Insights - Pan Global Resources Inc. announced positive results from continuous twin saw-cut channel sampling at the Cañada Honda target within the Escacena Project, indicating significant mineralization and supporting further exploration efforts in 2026 [1][2][3] Exploration Results - A continuous 26-meter interval graded 1.14 grams per tonne (g/t) gold, confirming substantial near-surface gold mineralization at Cañada Honda [2][5] - The results indicate a wide zone of near-surface gold mineralization extending 150 meters up-dip from the nearest drill hole and 450 meters in dip extent, with potential for larger copper-gold systems [4][5] Project Expansion - The Escacena Project area has expanded from 5,760 hectares to over 10,000 hectares, with additional mineral rights awarded in September 2025 [8] - The company is also progressing on a maiden mineral resource for the La Romana deposit, expected to be delivered by year-end 2025 [3] Future Plans - The 2026 exploration program is anticipated to be one of the most exciting to date, with plans for additional geochemical sampling and drilling to test for potential expansion of mineralization [3][12] - Ongoing drill programs at the Escacena and Cármenes Projects are currently in progress, with assay results pending [7]

Core Insights - QcX Gold Corp. is set to conduct a large-scale, high-resolution airborne magnetic survey at its Batchawana Project in Ontario, with work commencing in November 2025 [1][3]. Project Overview - The Batchawana Project is adjacent to Sterling Metals Corp.'s Soo Copper Project, which recently reported significant copper discoveries, including intervals of 262.5 m at 1.05% CuEq, 68.3 m at 3.25% CuEq, and 9.3 m at 19.8% CuEq [2]. - QcX shares a 6.6 km boundary with the discovery area, positioning the company in a promising emerging copper district in Canada [2]. Survey Details - The magnetic survey will utilize 75-metre line spacing to gather detailed magnetic data, aiding in the identification of structural features, stratigraphy, and potential mineralized centers [3]. - The new geophysical data will be integrated with historical datasets to create high-priority targets for ground-based exploration in 2026 [3]. Geological Context - The Batchawana Project is situated within the Precambrian Batchawana Greenstone Belt, part of the Mid-Continent Rift, known for hosting large porphyry-style copper systems [4]. - The property is located along the strike of the historically productive Tribag Mine, which was mined for copper, molybdenum, silver, and gold [5]. Strategic Alignment - The geological features of the Batchawana Project show continuity with Sterling's mineralized corridor, with historic soil anomalies and untested geophysical conductors that have not been systematically explored using modern techniques [6]. Future Plans - Following the interpretation of the magnetic survey results, QcX plans to initiate a property-wide prospecting and ground-truthing program in 2026, focusing on delineating copper-molybdenum-silver-gold porphyry targets [7].

Core Insights - Noble Mineral Exploration Inc. has acquired additional claims near a rare earth element (REE) enriched system on its Gull Lake property, expanding its holdings to approximately 3,000 hectares [1] - The Montviel deposit, located in Quebec, is a significant REE and niobium resource, with an estimated 266 million tonnes grading 1.45% total rare earth oxides (TREO), making it the largest bastnaesite REE resource in North America [2] - Noble plans to conduct geophysical and drilling programs to explore the potential for hosting REEs on its property [4] Company Overview - Noble Mineral Exploration Inc. is a junior exploration company based in Canada, holding interests in various mining properties, including securities in Canada Nickel Company Inc. and Homeland Nickel Inc. [5] - The company holds mineral and exploration rights across approximately 70,000 hectares in Northern Ontario and 24,000 hectares in Quebec, with plans for joint venture exploration programs [6] - Noble's diverse portfolio includes properties with drill-ready targets for gold, nickel-cobalt, and base metals, as well as REE and uranium properties in Quebec [7]

Core Viewpoint - Revival Gold Inc. is reporting positive results from ongoing drilling at the Mercur Gold Project in Utah, indicating strong exploration potential and alignment with the project's Preliminary Economic Assessment (PEA) results [3][4]. Summary by Sections Company Overview - Revival Gold Inc. is a significant gold mine developer in the United States, focusing on the Mercur Gold Project in Utah and the Beartrack-Arnett Gold Project in Idaho [17]. Drilling Results - The company has completed 100 drill holes totaling approximately 10,000 meters of a planned 13,000-meter drilling program [4][6]. - Recent assay results from eleven drill holes show significant gold intersections, including: - 1.4 g/T gold over 44.2 meters in RM25-117 - 1.0 g/T gold over 24.4 meters in RM25-120 - 1.7 g/T gold over 12.9 meters in RMC25-017 - 0.9 g/T gold over 24.4 meters in RM25-113 [6][8]. - The average intercept depth starts at 45 meters, highlighting the shallow nature of the Mercur gold deposit [6]. Economic Assessment - The PEA estimates for Mercur are based on a gold price of $2,175 per ounce, while the current long-term consensus price is around $3,000 per ounce, suggesting significant upside potential for investors [3]. Resource Expansion Potential - Drilling results confirm the occurrence, grade, and leachability of gold, with a weighted average fire assay gold grade of 0.73 g/T and an AuCN/AuFA ratio of 83%, indicating good recoverability [8][6]. - The RM25-120 intercept shows potential for resource expansion down-dip from the 2025 PEA pit shell [6][4]. Future Plans - Drilling continues with three rigs at Mercur and one at Beartrack-Arnett in Idaho, with additional results pending [6].

Core Insights - Radius Gold Inc. has appointed Mr. Alejandro Ly as Vice President of Exploration, bringing over 25 years of experience in mineral discovery across the Americas [1][2] - Mr. Ly has a notable track record, including the discovery of the 15+ million ounces Goldrush deposit in Nevada and contributions to the 30 million ounces Donlin Gold deposit in Alaska [3] - The company is focused on advancing the Tierra Roja copper project and expanding its project pipeline in Peru, Mexico, and the U.S. [4][5] Company Developments - Mr. Ly will lead the technical team and oversee project evaluation and field operations, with an immediate focus on the Tierra Roja project [4] - Radius has completed extensive geological mapping, sampling, and target definition at the Tierra Roja project, preparing for drilling [5][6] - The project area is uninhabited and located on federal land, with all necessary permissions for drilling obtained except for a final administrative access waiver [6][8] Drilling Program Status - Radius has defined initial drill targets, constructed drill pads, engaged drilling contractors, secured water supply, and received the Environmental Permit [7] - The company is ready to commence drilling immediately upon receipt of the final authorization [8] - The team in Peru has worked continuously to complete the required technical, environmental, and logistical steps, expressing frustration over the delay in receiving the final access authorization [8]

Core Insights - Canadian Gold Corp. has received an additional grant of $300,000 from the Manitoba Mineral Development Fund (MMDF), bringing the total funding from MMDF to $900,000 since 2023, which has significantly aided the advancement of the Tartan Mine project [1][2] - The company has invested approximately $12.7 million into the Tartan Mine project since 2012, and is currently in the process of being acquired by McEwen Inc., which plans to further advance the mine towards a production decision [1][2] - The Tartan Mine currently has an indicated mineral resource estimate of 240,000 ounces of gold and an inferred estimate of 37,000 ounces of gold [7] Funding and Investment - The funding from MMDF has enabled Canadian Gold to increase the vertical extent of the Tartan Mine resource through 33,668 meters of core drilling and to option adjoining properties, consolidating the Tartan Shear Zone [2] - The company is also conducting project-wide prospecting to develop new exploration targets and is in the process of hiring additional employees from Flin Flon to support the project [2] - Following the acquisition by McEwen Inc., the Tartan Mine is expected to see further investment in 2026, including 15,000-20,000 meters of drilling and an updated resource estimate in Q1 [2] Industry Context - The support from MMDF and the Manitoba Mineral Exploration Tax Credit (MMETC) positions Manitoba as a strong destination for mineral exploration, providing unique tax incentives for investments in eligible projects like the Tartan Mine [3] - Canadian Gold Corp. holds a 100% interest in greenfields exploration properties in Ontario and Quebec, adjacent to major gold mines and development projects [7]

Core Viewpoint - Norsemont Mining Inc. has initiated its Phase 3 exploration drill program at the Choquelimpie project in northern Chile, focusing on high-grade gold zones at depth beneath the current resource [1][3]. Group 1: Phase 3 Drill Program - The Phase 3 drill program will involve up to 5,000 meters of diamond drilling using two drill rigs, with drilling expected to continue through late December [1][8]. - The program aims to evaluate down-dip extensions of high-grade gold mineralization within hydrothermal breccia zones, consisting of up to 20 holes averaging 250 meters in length [3][8]. Group 2: Management Insights - CEO Marc Levy expressed excitement about the Phase 3 drilling, highlighting the potential for discovering higher-grade gold zones at depth and the importance of this program in defining the scale and continuity of mineralization [3][9]. - The drilling will target several zones, including Choque, Vizcacha, and Suri, with expectations for steady progress and consistent updates over the coming months [3][9]. Group 3: Historical Context and Infrastructure - Historical production at Choquelimpie from 1988 to 1996 focused on near-surface oxidized mineralization, leaving deeper sulphide resources largely unexplored [5]. - The project has over 1,710 drill holes and significant existing infrastructure, including roads, power, water, camp, and a 3,000-tonne-per-day mill, indicating strong exploration upside [9]. Group 4: Operational Details - Norsemont's Chilean subsidiary, SCM Vilacollo, has contracted DV Drilling Ltd. to conduct the drilling program, which will operate on a 24-hour schedule [4][8].

Core Insights - Emerita Resources Corp. has reported positive drill results from its El Cura deposit, indicating high-grade copper-gold mineralization and an expansion of the deposit to the west [1][12][14] - The El Cura deposit is part of the Iberian Belt West project, which includes three Volcanogenic Massive Sulfide (VMS) deposits: La Romanera, El Cura, and La Infanta [1][12] Drilling Results - Recent highlights from the drilling campaign at El Cura include significant intercepts such as: - Drill hole EC072: 9.6m grading 2.7% copper, 0.4% lead, 0.5% zinc, 1.85 g/t gold, and 27.08 g/t silver [5][8][14] - Drill hole EC079: 6.9m grading 1.4% copper, 0.9% lead, 2.4% zinc, 1.32 g/t gold, and 48.22 g/t silver [8][14] - Drill hole EC076: 1.2m grading 0.5% copper, 0.9% lead, 0.5% zinc, 1.02 g/t gold, and 38.00 g/t silver [8][14] - Drill hole EC078: 3.0m grading 0.3% copper, 0.6% lead, 1.5% zinc, 0.25 g/t gold, and 7.00 g/t silver [8][14] - Drill hole EC082: 5.5m grading 0.6% copper, 0.3% lead, 0.6% zinc, 0.63 g/t gold, and 15.55 g/t silver [8][14] Geological Context - The drilling program has delineated mineralization down-plunge and along strike for approximately 650 meters, indicating a robust mineral resource [15] - The results include both shallow-level resource holes and deeper drilling aimed at expanding the known mineralization [12][14] Quality Assurance - The drilling process follows strict quality assurance and quality control protocols, including independent laboratory analysis and re-assaying of samples to ensure data integrity [20][21]

Core Viewpoint - Amaroq Ltd. has reported significant progress in its operations and financial performance for Q3 2025, highlighting a successful transition to owner-operated mining at the Nalunaq gold mine and the discovery of strategic minerals in Greenland [2][3][5]. Financial Results - Total revenue for Q3 2025 reached C$12.8 million, a substantial increase from C$0 million in 2024, driven by gold sales of 2,636 ounces [9]. - The company produced 4,347 ounces of gold and sold 3,360 ounces in the first three quarters, generating gross proceeds of C$16.3 million [9]. - Gross profit was reported at C$5.9 million, while the operating loss stood at C$3.8 million, primarily due to general and administrative expenses and exploration costs [9][14]. - As of September 30, 2025, the company had liquidity of C$45.4 million, with cash balances of C$55.3 million and an undrawn credit facility of C$8.9 million [9][15]. Operational Highlights - Gold production reached approximately 5,000 ounces by October 2025, aligning with revised production guidance, with expectations for full-year production to be between 6,000 to 7,000 ounces [3][16]. - The transition to a fully owner-operated mining model at Nalunaq was completed, enhancing operational efficiency and cost control [12]. - The company is on track to achieve a milling capacity of 300 tonnes per day by year-end 2025, following the commissioning of the processing plant [12][16]. Strategic Developments - Amaroq has made significant discoveries of rare earth elements and copper-gold deposits near the Nalunaq mine, which are expected to enhance the company's strategic minerals portfolio [5]. - The re-assays from the Black Angel mine confirmed high-grade resources of zinc, lead, and silver, along with commercial levels of germanium and gallium, which are critical minerals [5][13]. - The company is advancing its exploration projects, with a focus on the Nanoq and Nalunaq resource areas, and expects results from the 2025 gold exploration program by year-end [6][12]. Future Outlook - The company anticipates completing all construction and commissioning activities at Nalunaq by Q2 2026, with a robust project pipeline expected to deliver value-enhancing opportunities [6][16]. - Amaroq is well-positioned for 2026, supported by positive cash flow from ongoing production operations and a strong financial outlook [6].