Toronto, Ontario--(Newsfile Corp. - January 5, 2026) - Mogotes Metals Inc. (TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes", or the "Company") is pleased to announce a non-brokered private placement through the issuance of 71,698,113 units (each, a "Unit") at a price of $0.265 per Unit for aggregate gross proceeds of up to C$19,000,000 (the "Offering"). Each Unit shall be comprised of one common share (each, a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant ...

Core Viewpoint - Ophir Metals Corp. is repositioning its Breccia Gold Property as a cornerstone asset amid rising gold prices and increasing investor demand for North American precious metal projects [3][11]. Summary by Sections Property Overview - The Breccia Gold Property consists of 52 claims covering approximately 1,043 acres (422 hectares) in the Blackbird Mining District, located about 40 kilometers southwest of Salmon, Idaho [26]. - The property is accessible via paved highways and well-maintained gravel roads, and it includes the historical Gahsmith Gold Mine [26]. Geological and Mineralization Insights - The Breccia Gold Property is supported by a robust geological model and is on trend with the contiguous Challis Gold Project, with surrounding claims showing historical high-grade drilling results [4]. - Recent geophysical data, including CSAMT and magnetic surveys, indicate a continuous resistivity corridor associated with previously drilled gold mineralization, suggesting a structurally controlled system open for expansion [4][21]. - Drill hole BG21-004, located just meters from the property border, returned significant results of 13.02 g/t Au and 46.6 g/t Ag over 7.4 meters, indicating that the mineralized structure likely extends onto the property [5][8]. Exploration and Future Plans - The company is planning a 2026 exploration program focused on refining and testing new drill targets along the CSAMT-defined structural corridor and the northern breccia discovery area [19]. - Recent fieldwork has identified potential for parallel mineralized corridors extending north and east of the main Breccia Gold Zone, with a new breccia outcrop discovered approximately 800 meters north-northwest of the zone [9][10]. - The exploration program will include detailed geological mapping, channel sampling, and integration of CSAMT and historical drill data into a 3D geophysical-geological model [22]. Historical Context and Data Integration - A comprehensive review of historical and modern datasets has enhanced the understanding of structural and lithologic controls on mineralization, showing a clear relationship between high-grade gold intercepts and resistivity anomalies [7]. - The property has a history of exploration dating back to the 1930s, with significant low-sulfidation, epithermal gold system indications from recent exploration activities [26].

Core Insights - MetalSource Mining Inc. has resumed drilling activities at its Silver Hill Silver Project in North Carolina, with plans to expand the drilling program based on recent strategic investments [2][3]. Drilling Activities - The company has completed four drill holes totaling 614.38 meters and plans to drill a fifth hole targeting main mineralization [2]. - An initial drilling program of 1,400 meters has been planned, increased from the original 800 meters, to explore both historically known mineralization and newly identified targets [2]. - Samples from the drilling have been sent to ALS in Reno for analysis, with results expected soon [2]. Project Updates - The drilling at Silver Hill will continue for several weeks before the team moves to the Byrd-Pilot Gold-Silver Project, located approximately 45 kilometers away, where four to six additional drill holes are planned [4]. - The Silver Hill Project is situated in the Carolina Terrane and covers 1,128 acres, with historical mineralization extending to 550 meters from the surface [6]. - Recent surface sampling at Silver Hill yielded significant results, including 444 grams per ton (g/t) of silver, 17.7 g/t of gold, 8.61% lead, and 0.507% zinc [6]. Video Release - MetalSource has released educational videos to inform investors about its exploration activities and project portfolio, produced by Iximche Media and Shootday [5]. Geological Context - The Byrd-Pilot Mountain Project has been identified as potentially hosting a porphyry gold-copper system, with previous work indicating broad gold mineralization and significant geological features [7].

Core Viewpoint - Cosigo Resources Ltd. is actively engaged in geological exploration and analysis of conglomerate materials in the Taraira District, with recent bulk sampling and planned drilling to further assess gold potential [1][8][13]. Group 1: Geological Exploration - The company has acquired a 120 kg bulk sample from the "Chicken Coop" conglomerate for analysis, with samples being sent to Vancouver for testing [1]. - Reconnaissance prospecting has identified conglomerate stratum material distinct from previously mined areas, with 14 channel samples analyzed showing varying gold concentrations [2][3]. - Further drilling in 2024 has intercepted what is believed to be the same conglomerate layer, with core samples indicating gold presence [4][6]. Group 2: Analytical Results - Analytical results from channel samples show gold concentrations ranging from <0.015 ppm to 1.558 ppm across various samples, with specific samples highlighted for greater than 0.50 ppm gold [3][4]. - Core samples also indicate gold presence, with some samples showing concentrations as high as 11.3 ppm [6]. Group 3: Future Plans - The company plans to conduct a 4 or 5 drill hole campaign to obtain additional strata samples for better identification and characterization of the conglomerate [8]. - A private placement of up to CAD$1,000,000 has been initiated to fund further prospecting and mapping activities on the Taraira property and other locations [9][11]. Group 4: Company Overview - Cosigo Resources Ltd. is a junior exploration company focused on gold exploration in Colombia and holds interests in properties in Nevada and diamond exploration in Canada [13].

VANCOUVER, British Columbia, Dec. 31, 2025 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to provide a year-end update on the Company’s ongoing activities designed to surface long-term value from the Goldstrike Oxide Gold Project (“Goldstrike”), Antimony Ridge discovery (“Antimony Ridge”) and the recently acquired Gage Critical Metals Project (“Gage”) in southwest Utah. Jon Gilligan, President & CEO of Liberty Gold, commented, “Earlier this year, ...

Core Viewpoint - Prince Silver Corp. is expanding its drilling program at the Prince Silver Mine Project due to positive results from ongoing reverse circulation drilling, indicating favorable mineralization and potential for open-pit mining [1][2][4]. Drilling Program - The company has increased its planned drilling from 21,000 feet (~6,400 meters) to over 30,000 feet (~9,100 meters) and will add a second drill rig to accelerate the drilling process [1]. - Current drilling focuses on evaluating near-surface carbonate replacement silver-gold-manganese and base-metal mineralization, as well as sediment-hosted gold-silver zones within a 3,500-foot (~1,070-meter) structural corridor [2]. Assay Results - The first batch of assay results for the ten completed drill holes is expected in January 2026, which will provide insights into the scale and continuity of mineralization [3]. Exploration Target - Historical drilling identified an exploration target of approximately 25-43 million tonnes with grades of 1.44-1.57% Zn, 0.78-0.87% Pb, 0.28-0.40 g/t Au, 37-40 g/t Ag, and 3.62-4.30% Mn [5]. - The exploration target is based on 129 historic drill holes and is conceptual in nature, not yet defined as a mineral resource under National Instrument 43-101 [7]. Annual General Meeting - Prince Silver Corp. held its annual general meeting on December 23, 2025, where shareholders approved all matters presented, including the election of directors and the re-appointment of the auditor [8][9]. Company Overview - Prince Silver Corp. is focused on advancing its flagship Prince Silver Project in Nevada, which features a near-surface deposit that remains open in all directions [10].

Survey Results Refine Lake-Floor Geometry And Support Winter Drill Planning At Tharsis ProjectCALGARY, Alberta, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE: PNRG | OTC: PAANF | FRA: SS6) (“Pan American” or the “Company”) is pleased to report the completion of final bathymetric processing from the 2025 field program at the Tharsis Project in the Northwest Territories. The work provides a supportive dataset in advance of planned future drilling activities. The bathymetric survey was condu ...

Core Insights - Azimut Exploration Inc. has made significant exploration progress on the Wabamisk East Property, enhancing its lithium potential by defining a high-grade spodumene pegmatite field [1][2] - The property is 100% owned by Azimut and has identified at least 138 distinct spodumene-bearing outcrops, with channel and grab samples returning an average grade of 1.94% Li2O [2][11] Exploration Progress - The 2025 field program has included extensive mechanical stripping, collection of 280 channel samples, and initial diamond drilling (5 holes, 615 m) to test surface targets [6][9] - The drilling program has confirmed the down-dip extension of mineralized outcrops, with significant spodumene-bearing intervals identified [9] Sample Results - Of the 493 samples collected since 2024, 340 returned grades higher than 0.5% Li2O, with an average grade of 1.94% Li2O [11] - Notable channel composite results include grades such as 2.53% Li2O over 7.0 m and 2.25% Li2O over 5.6 m [8][5] Geological Characteristics - The pegmatite bodies at Lithos North and Lithos South exhibit a north-south orientation with eastward dips, forming a lithium corridor approximately 1.2 km long and at least 250 m wide [13][14] - Spodumene crystals are generally coarse to very coarse, accompanied by minerals such as quartz and feldspar [15] Project Management and Future Plans - The drilling program is conducted by Nouchimi-RJLL Drilling Inc., with rock samples sent to ALS Laboratories for analysis [17] - Azimut plans a more substantial follow-up phase in 2026, as numerous high-grade outcropping targets are drill-ready [9]

HighlightsResults from the ongoing drilling program include the following high-grade intercepts:Minto North west zone: 4.96% Cu, 0.85 g/t Au, 18.67 g/t Ag over 9.9 m from 225.1 m, within a broader zone of 2.34% Cu, 0.43 g/t Au and 8.69 g/t Ag over 24.0 m in drill hole 25SCM009, a 150 m southern step out at the Minto North west zoneRidgetop zone: 1.46% Cu, 0.47 g/t Au, 4.04 g/t Ag over 14.7 m from 90.3 m within a zone of 1.02% Cu, 0.37 g/t Au, 3.17 g/t Ag over 27.7 m in drill hole 25SCM006 and 2.20% Cu, 0.8 ...

Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) ("Masivo" or the "Company") is pleased to provide an update on ongoing exploration and permitting activities at its Cerro Colorado Project, located in the State of Sonora, Mexico.Permitting ProgressMasivo reports that it has submitted the required environmental permit applications to SEMARNAT (Secretaría de Medio Ambiente y Recursos Naturales) in support of its proposed exploration activit ...