Koné project construction on-budget and on-schedule • Strong continued exploration focus • Robust liquidity sourcesCONSTRUCTION ACTIVITIES Over 2.0 million hours worked without a Lost Time Injury, with more than 2,100 employees and contractors on-siteWell on track for first gold pour in Q2-2027 and on budget with over $304 million of capital committed as at today, representing approximately 36% of the total capital expenditure, with prices in line with expectationsCIL ring beams were completed two months ah ...

Core Insights - Critical Metals Corp. has released assay results from historical deep diamond drill holes at the Tanbreez Project in Greenland, indicating high-grade total rare earth oxides (TREOs) and heavy rare earth oxides (HREOs), positioning the project as a world-class rare earth deposit [1][21][23] - The company aims to increase its current mineral resource estimate (MRE) of approximately 45 million tonnes (MT) through future drilling programs, with a robust economic outlook showing a net present value (NPV) of approximately US$2.4 to US$3.0 billion and an internal rate of return (IRR) of 162% before tax [1][21] - The Tanbreez Project is jointly owned, with Critical Metals Corp. holding a 42% interest and the potential to increase this to 92.5% by the fourth quarter of 2025 [1] Drilling and Resource Development - The company has applied for a Program of Works for 2025 resource drilling to upgrade the inferred resource to indicated resource category, with mobilization expected in the second quarter of 2025 [2] - The first stage of the infill drilling program will target the Fjord Deposit, which has a 23 MT MRE footprint, with an average target depth of 40-50 meters [3] - Confirmation of the 2025 drilling will follow the review of results from the 2024 program, with additional drilling targeting the Hill Zone Deposit, which contains a 22.6 MT MRE area [4][5] Assay Results and Mineralization - Recent assay results from drill holes DDH-009-13, DDH-001-13, DDH-012-13, DDH-003-13, DDH-015B-13, and DDH-015A-13 show high-grade rare earth mineralization, with TREO averages ranging from 0.39% to 0.48% [8][10][12][23] - The mineralization is consistently high across the drill holes, with significant intersections of HREO, tantalum, niobium, zirconium, hafnium, and gallium [10][24][26] - The company is re-assaying historical samples to confirm and reconcile assay results, with further results expected soon [6][20][28] Strategic Positioning - Critical Metals Corp. is positioned as a leading mining development company focused on critical metals and minerals essential for electrification and next-generation technologies [42] - The Tanbreez Project is one of the largest rare earth deposits globally, with strategic access to transportation via deep water fjords [44] - The company also holds the Wolfsberg Lithium Project, which is expected to be a major producer of lithium products for the European market [45]

Nova Pacific Metals Commences Drilling at Lara VMS Project and Announces Appointment of New CEOMay 16, 2025 8:00 AM EDT | Source: Nova Pacific Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - May 16, 2025) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) (the "Company", or "Nova Pacific") is pleased to announce that the Company has commenced its Phase 1 diamond drill program at the Lara Volcanogenic Massive Sulfide (VMS) Project, located on Vancouver I ...

Core Viewpoint - Class 1 Nickel and Technologies Ltd. has filed an independent NI 43-101 Technical Report for its Alexo-Dundonald Nickel Project, which includes an updated Mineral Resource Estimate for the Dundonald North Deposit, enhancing the company's resource base and positioning in the nickel market [1][2][3]. Group 1: Technical Report and Resource Estimate - The Technical Report, effective from March 27, 2025, was prepared by Qualified Persons from Aticus Geoscience Consulting Ltd. and Caracle Creek Chile SpA [2]. - The updated Mineral Resource Estimate for the Dundonald North Deposit indicates an inferred resource of 2,500,000 tonnes with a nickel grade of 0.75% and a nickel equivalent grade of 0.80% [5][6]. - The report replaces a previous NI 43-101 technical report from October 2024, reflecting advancements in resource estimation [3][6]. Group 2: Company Strategy and Future Plans - The company aims to expand known mineralization and resources at its four existing nickel sulphide deposits within the Alexo-Dundonald Nickel Sulphide Project [23]. - An exploration program is planned to investigate underexplored areas of the project, guided by recent airborne geophysics and historical drilling [24]. - The company is pursuing a dual strategy to develop both high-grade nickel sulphide resources and large tonnage, low-grade komatiite-hosted deposits [25][26]. Group 3: Project Overview - The Alexo-Dundonald Nickel Sulphide Project covers approximately 3,093 hectares and includes four nickel deposits, with historical production from the Alexo North and South deposits [29]. - The project is located in a folded komatiite-ultramafic rock sequence that has not been systematically explored, indicating potential for resource expansion [29]. - The company plans to commence a Preliminary Economic Assessment (PEA) study to evaluate the best path forward for the project [33].

BISHOP, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- North Bay Resources, Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce a resource estimate (non-NI 43-101) for the Bullion Alley Zone at the Company’s Fran Gold Project. The preliminary resource estimate was completed by the Company using Leapfrog Geo + Edge 3D modelling software and diamond drilling data from 2001, 2005, 2006, 2012, and 2018 totaling 18,000 meters (55,000 feet) in 104 holes utilizing block model, with no cut-off: Diagra ...

Core Viewpoint - Silvercorp Metals Inc. has announced an updated independent mineral resource estimate for its Condor gold project in Ecuador, focusing on higher-grade materials accessible through underground mining [1][3]. Group 1: Mineral Resource Estimate (MRE) Details - The MRE update was conducted by SRK Consulting with an effective date of February 28, 2025, emphasizing underground resources at Camp and Los Cuyes deposits based on various cutoff grades [3][4]. - Total indicated underground mineral resources are 3.17 million tonnes at Camp and Los Cuyes, containing 0.34 million ounces of gold, 2.0 million ounces of silver, and 49.4 million pounds of zinc at a cutoff grade of 2.2 g/t AuEq [7]. - Total inferred underground mineral resources amount to 12.1 million tonnes, containing 1.38 million ounces of gold, 8.56 million ounces of silver, and 204.2 million pounds of zinc at the same cutoff grade [7]. Group 2: Preliminary Economic Assessment (PEA) Plans - Following the MRE update, the company plans to publish an updated Preliminary Economic Assessment study for the Condor project by the end of 2025 [2][16]. - The company will also undertake a 3,500-meter surface drilling program to explore areas with potential for higher-grade zones [16]. Group 3: Conceptual Open Pit Resources - Conceptual open pit constrained mineral resources for Soledad and Enma deposits are reported, with total indicated resources of 4.06 million tonnes containing 0.14 million ounces of gold and 9.27 million ounces of silver [13]. - Total inferred open pit mineral resources are 14.17 million tonnes, containing 0.35 million ounces of gold and 2,676 thousand ounces of silver [13]. Group 4: Future Steps and Strategy - The company is advancing necessary permits and community agreements to develop exploration tunnels into higher-grade zones, which will inform a possible feasibility study following the PEA [16]. - Silvercorp aims to create shareholder value through generating free cash flow, organic growth via extensive drilling, and ongoing merger and acquisition efforts [18].

Core Viewpoint - Red Pine Exploration Inc. is evaluating the potential for developing an early-stage open pit operation at its Wawa Gold Project in Ontario, driven by the current high gold price environment [1][2][4]. Group 1: Project Development - Management has initiated a review to assess the viability of near-term open pit production while continuing exploration of the Jubilee Shear at depth beyond the 2024 Mineral Resource Estimate (MRE) [2][4]. - The Wawa Gold Project is positioned to capitalize on gold mineralization that extends to the surface, leveraging existing infrastructure and excess mill capacity in the region [2][6]. - The company is considering contract open pit mining with an off-site toll milling arrangement, which could provide early-stage cash flow to support the development of a larger operation [2][4]. Group 2: Drilling and Exploration - Red Pine is currently drilling with two rigs and has completed approximately 65% of a fully funded 25,000-meter exploration program, with 8,000 to 9,000 meters allocated for evaluating near-term open-pit potential [6][8]. - The near-surface drilling program aims to increase confidence in the 2024 MRE and extend gold mineralization within the crown pillars of former mines [6][8]. - The company plans to update the 2024 MRE following the completion of the 8,500-meter surface drilling program and is working towards a preliminary economic assessment (PEA) anticipated for completion in the first half of 2026 [8]. Group 3: Strategic Approach - The company is integrating additional shallow drilling to outline a path to potential near-term production while progressing through the provincial permitting process and engaging with Indigenous communities [5][8]. - Internal assessments guiding the strategy were based on a gold price of US$2,200 per ounce, supporting the feasibility of an open-pit operation with minimal initial capital requirements [8]. - The phased approach aims to unlock significant value for shareholders while reinforcing the company's commitment to responsible and sustainable resource development [5][6].

Core Viewpoint - Newcore Gold Ltd. has reported significant drill results from its ongoing 35,000-metre drill program at the Enchi Gold Project in Ghana, particularly at the Boin Gold Deposit, indicating multiple wide zones of gold mineralization and higher-grade intervals, which suggest strong potential for resource growth [1][4][12]. Drilling Program Overview - The drill program aims to enhance resource growth and convert Inferred Resources to Indicated, with the first phase focused on resource conversion ahead of a Pre-Feasibility Study [2][13]. - A total of 14 Reverse Circulation (RC) holes totaling 2,055 metres have been reported, with all holes intersecting gold mineralization [4][9]. Significant Drill Results - Notable intersections include: - Hole KBRC352: 2.25 g/t Au over 56.0 m from 96 m, with a higher-grade interval of 3.83 g/t Au over 15.0 m from 122 m [5][6]. - Hole KBRC344: 1.16 g/t Au over 72.0 m from 104 m, including 3.06 g/t Au over 10.0 m from 114 m [5][11]. - Additional results from other holes include KBRC355 with 2.13 g/t Au over 29.0 m and KBRC353 with 2.15 g/t Au over 24.0 m [6][10]. Resource Estimate and Potential - The Boin Gold Deposit has an Indicated Mineral Resource of 13.0 million tonnes grading 0.62 g/t Au and an Inferred Mineral Resource of 15.9 million tonnes grading 0.68 g/t Au [15]. - Approximately 40% of the gold-in-soil anomaly at Boin remains untested, indicating further exploration potential [15]. Future Exploration and Development - The ongoing work program includes metallurgical testwork, trenching, hydrogeological testing, and soil sampling to define early-stage targets for future drilling [14][19]. - The drill program is a critical step in advancing the Enchi Gold Project, with the potential for significant resource growth across the district-scale property [13][22].

____________________________ Pre-Tax net present value discounted at 5% ("NPV5") of USD $359.0 million Pre-Tax Internal Rate of Return ("IRR") of 37.4% FAIRBANKS, AK, May 6, 2025 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE American: CTGO) is pleased to announce that it has completed the Technical Report Summary ("TRS") on the Johnson Tract Project (the "Project" or "Johnson Tract"), located in Alaska, U.S.A. The TRS summarizes the results of an Initial Assessment ("IA") of the pote ...

Core Viewpoint - Millennial Potash Corp. has successfully extended drillhole BA-001-EXT at its Banio Potash Project in Gabon, intersecting significant potash resources, which may enhance the project's overall mineral resource estimate and feasibility study [1][2]. Group 1: Drillhole Results - Drillhole BA-001-EXT was extended to approximately 678m, intersecting numerous carnallitite seams within about 290m of interbedded carnallitite and halite from 364m to 657m [1][2]. - The extension of BA-001-EXT exceeded expectations with over 250m of interbedded carnallitite and halite identified [2]. Group 2: Future Plans - Following the completion of BA-001-EXT, the drill rig will move 3.7km east to drillhole BA-004, aimed at evaluating the lateral extent of potash horizons in an untested area [6]. - The Phase 2 drill program is expected to be completed in Q2 2025, followed by a revised Mineral Resource Estimate [8]. Group 3: Resource Estimates - The current Indicated Mineral Resource Estimate (MRE) stands at 657 million tonnes grading 15.9% KCl, while the Inferred MRE is at 1.159 billion tonnes grading 16% KCl [7]. - The identification of additional potash horizons may extend the known mineralization strike length to 8,000m and significantly increase project resources [7].