Core Insights - AuMEGA Metals Ltd has reported significant results from its surficial geochemistry program at Cape Ray West, indicating the presence of multiple high-grade gold-in-till anomalies and defining a new multi-kilometre gold corridor [2][3][4] Exploration Results - The program has identified three large coherent gold-in-till anomalies, with the highest peak value recorded at 402 parts per billion (ppb) gold-in-till, extending up to approximately three kilometres [6] - The anomalies are associated with the Isle aux Morts Granite, which has not been drill tested, representing a new discovery opportunity [3][15] - The integration of geochemical, geophysical, and structural datasets is ongoing to define priority drill targets, with drilling planned for Q4 2025 [6][26] Project Overview - The Cape Ray Project currently hosts 420,000 ounces of gold in Indicated Resources and 141,000 ounces in Inferred Resources, based on a gold price of US$1,750 per ounce [8] - AuMEGA's exploration strategy combines modern datasets with historical geological information to enhance discovery potential across its district-scale land package [9][10] Future Plans - The company is fully funded for the upcoming drilling program and is currently awaiting assay results from additional sampling conducted over the Isle aux Morts Granite [26][24] - A broader till survey and geological mapping have been completed, with samples dispatched for laboratory analysis [24][26]

Core Insights - Belmont Resources Inc. has initiated a comprehensive core relogging and resampling program at its Crackingstone Uranium Project in Saskatchewan, marking a significant advancement in its exploration efforts within the uranium and rare-earth-rich Beaverlodge Domain [1][2] Exploration Program - The relogging and analytical work is being conducted by Axiom Exploration Group Ltd., focusing on the historic 2008 drill campaign which included 20 holes totaling 3,029.4 meters, with 44% of the core recovered for analysis [3][4] - The program aims to obtain detailed geochemical information, refine lithological classification, and evaluate the potential for rare earth element (REE) mineralization, thereby introducing dual-commodity exposure [5][6] Strategic Partnerships - Recent site visits by Belmont management and HMS Bergbau AG representatives, including Consulting Geologist Dr. Thomas Unterweissacher, highlight the strategic input from HMS, a major shareholder, emphasizing European interest in uranium and critical minerals in stable jurisdictions like Canada [7] Project Potential - The Crackingstone property is strategically located near Saskatchewan's uranium-rich Athabasca Basin, benefiting from excellent infrastructure and the potential for significant uranium resources, with historic grab sample grades of up to 15.6% U₃O₈ [9][12] - Belmont has submitted a permit application for a comprehensive drilling program consisting of 40 drill holes totaling 10,000 meters, reflecting confidence in the property's potential [12] Other Projects - Belmont is also exploring the Come By Chance property in British Columbia, which is characterized as a compelling porphyry-CRD system under active exploration [10]

Core Insights - Miata Metals Corp. has reported strong drill results from the Jons Trend Zone at its Sela Creek Gold Project in Suriname, indicating a large, continuous, and shallow dipping mineralized system that remains open for further exploration [1][2][4]. Drilling Results - Drilling results from holes 25DDH-SEL-034 to 25DDH-SEL-036 confirm multiple stacked zones of gold mineralization, with significant intercepts including 16.5 m at 1.72 g/t gold and 27.0 m at 1.45 g/t gold [2][7][14]. - Hole 25DDH-SEL-036 yielded a total of 59.4 m of mineralization over 0.5 g/t gold, demonstrating the potential for a large, near-surface gold system [5][14]. - The main lode at Jons Trend is characterized by a 25-35 m thick zone of continuous mineralization, with indications of additional parallel and stacked zones [5][6]. Future Plans - The company plans to conduct an additional 3,000 m of drilling at Jons Trend before the end of 2025 to further define the size, scale, and geometry of the expanding gold system [6][10]. - Assays are pending from seven additional holes, and the company is optimistic about continued positive results from this target [6][10]. Technical Validation - The drilling results validate the company's technical model, as mineralization appears where predicted based on vein density [4]. - The presence of high-grade intercepts in shallower mineralized zones enhances the open-pit potential of the Jons Trend target [4][14]. Company Overview - Miata Metals Corp. is a Canadian mineral exploration company focused on the acquisition, exploration, and development of mineral properties, holding a 70% interest in the Sela Creek Gold Project [25].

Core Viewpoint - Lion One Metals Limited has reported significant high-grade gold results from its Tuvatu Alkaline Gold Project in Fiji, indicating strong potential for future mining operations [1][2]. Drilling Results - The company conducted 4,180.5 meters of underground infill and grade control drilling, focusing on the Zone 5 area, which is located down-dip of current mine levels [1][2]. - High-grade mineralized structures were intersected in 24 holes, with notable assays including 267.95 g/t over 0.3 m and 168.25 g/t over 0.9 m [2][6]. - The proximity of these results to existing workings suggests a strong probability of incorporation into the mine plan within the next six to twelve months [2][11]. Highlights of New Drill Results - Significant drill intercepts include: - 175.43 g/t Au over 0.9 m (including 267.95 g/t Au over 0.3 m) [6] - 78.71 g/t Au over 2.0 m (including 168.25 g/t Au over 0.9 m) [6] - 29.70 g/t Au over 3.1 m (including 179.52 g/t Au over 0.3 m) [6] - The results are typical for Tuvatu, which consists of high-grade narrow vein structures [11]. Mining Potential - The drilling targeted the down-dip extension of the Zone 5 lodes, which are expected to be mined within the next 6 to 12 months, representing an additional five levels of mining at Tuvatu [10][11]. - The Zone 5 area is believed to be the highest-grade part of the deposit, with the system remaining open at depth [9][10]. Company Overview - Lion One Metals is an emerging Canadian gold producer with operations at its 100% owned Tuvatu Alkaline Gold Project in Fiji, which includes a high-grade gold deposit and an underground gold mine [21].

Core Insights - Lode Gold Resources Inc. has reported promising results from prospecting and soil geochemical surveys at its McIntyre Brook and Riley Brook properties, indicating high-grade gold samples of up to 7 g/t [2][4][7] - The Acadian Gold joint venture, which includes Lode Gold and Fancamp Exploration, holds a significant land package of 445 km² in a highly prospective region for gold and polymetallic mineral discovery in northern New Brunswick [3][18] - The upcoming drill program planned for Fall 2025 will be guided by the encouraging results from the recent exploration work [2][4] Exploration Highlights - A prospecting and trenching program conducted in May-June 2025 revealed high-grade rock grab samples, extending the known favorable horizon of Area 2 (McIntyre Brook Prospect) to a minimum strike length of 3 km [4][6] - Soil geochemical surveys have identified gold-in-soil anomalies and prominent electromagnetic conductors, supporting the exploration strategy [6][7] - Notable assay results include up to 6.9 g/t Au from trench T25-1 and a 275 ppb Au stream sediment sample, the highest value from a 1981 regional sampling program [4][5] Strategic Positioning - The McIntyre Brook property is adjacent to Puma Exploration's Williams Brook Project, which has an option agreement with Kinross Gold, enhancing its strategic value [3][18] - The joint venture's holdings are positioned in a geologic domain that hosts other gold-focused firms, indicating potential for significant discoveries [18][19] - The combination of high-grade assays and extensive land holdings positions the company as a key player in the emerging gold exploration landscape in New Brunswick [7][18]

Core Viewpoint - Rua Gold Inc. is actively engaging with investors through a series of conferences in Q4 2025, showcasing its exploration strategy and project milestones, particularly focusing on its high-grade gold and antimony assets [1][3][4] Conference Participation - The company will present at multiple conferences including the Metals & Mining Virtual Investor Conference, Munich Mining Conference, Hidden Gems Conference, International Mining and Resources Conference (IMARC), West Coast Minerals Forum, and Swiss Mining Institute Conference [2][4][12][14] - The Metals & Mining Virtual Investor Conference is scheduled for October 7-9, 2025, where the CEO will provide project updates [4][5] - The Munich Mining Conference took place on October 3-4, 2025, attracting over 1,000 German retail investors [7][8] - The Hidden Gems Conference will occur on October 20-21, 2025, in New York, featuring both stage presentations and one-on-one meetings [9] - IMARC will be held from October 21-23, 2025, in Sydney, with participation from the COO and geologists to address investor inquiries [10][11] - The West Coast Minerals Forum is set for October 30, 2025, in New Zealand, involving panel discussions and community interactions [12] - The Swiss Mining Institute Conference will take place on November 20-21, 2025, in Zurich, focusing on exclusive presentations to professional investors [14][15] Company Strategy and Assets - Rua Gold is strategically focused on New Zealand, controlling over 120,000 hectares in the Reefton Gold District, which historically produced over 2 million ounces of gold [16][17] - The Glamorgan Project is positioned adjacent to OceanaGold Corporation's major mining project, contributing to Rua Gold's status as a leading high-grade gold explorer [17][18] - The company aims to transition from explorer to developer, capitalizing on tightening antimony supply and rising gold prices [4][16]

Investment Positives - Tongguan Gold Group is initiated with an OUTPERFORM rating and a target price of HK$3.52, driven by expertise in gold exploration and strong organic growth momentum [1] - The company has a total of 55.0 tons of gold reserves with an average ore grade of 8.26g/t, expecting gold sales volume to reach 2.8 tons in 2025 and 3.4 tons in 2026 as mining permits progress [1] Cost Management - Tongguan Gold acquired Xi'an Hongshang, a mining service provider, in January 2025, which is expected to help reduce production costs through value chain consolidation [2] Strategic Investments - Zijin Mining acquired a 3.82% stake in Tongguan Gold for US$25 million, indicating recognition of Tongguan's asset quality and strategic direction [2][3] - The partnership is anticipated to enhance cash flow and may lead to potential M&A transactions to further boost growth [3] Market Conditions - A decline in effective interest rates and the People's Bank of China's (PBoC) expected continuation of gold purchases are likely to support gold price increases [4][5] - The PBoC resumed gold purchases in November 2024, which may lead to further increases in gold acquisitions [5] Financial Projections - Forecasted EPS for Tongguan Gold is HK$0.16 in 2025 and HK$0.23 in 2026, representing a CAGR of 121% from 2024 to 2026 [6] - The stock is currently trading at 17.3x 2025e and 11.6x 2026e P/E, with a target price implying a 30% upside [6]

Core Insights - GoldHaven Resources Corp. has initiated its first diamond drilling program at the Copeçal gold Project in Brazil, marking a significant step in its exploration efforts [1][8] - The drilling will focus on two main targets, Copeçal East and Copeçal West, identified through extensive geochemical and geophysical surveys [2][4] - The Copeçal Project is located in the Juruena Magmatic Arc, a region recognized for its potential for gold deposits, supported by historical exploration work conducted by AngloGold Ashanti [5][10] Company Overview - GoldHaven Resources Corp. is a Canadian junior exploration company focused on acquiring and exploring high-potential land packages in North and South America, including the Copeçal Gold Project [13] - The Copeçal Gold Project covers 3,681 hectares in a geologically favorable area within the Alta Floresta Gold Province, known for significant gold discoveries since the late 1970s [9][10] Exploration Details - The upcoming drill program will test high-priority targets based on systematic exploration, including soil sampling and geophysical surveys, which have indicated promising gold anomalies [2][12] - Historical exploration by AngloGold Ashanti from 2010 to 2016 has confirmed the presence of gold and arsenic anomalies, suggesting substantial mineralization potential in the area [11][12] Market Context - The Juruena Gold Province is noted for its diverse deposit styles, including mesothermal shear-related and intrusion-related gold deposits, enhancing the potential for significant discoveries at Copeçal [10] - The region is experiencing a resurgence in exploration activity, with several companies advancing projects in proximity to Copeçal, indicating a competitive and promising mining landscape [7][10]

Core Insights - Stellar AfricaGold Inc. has reported significant assay results from its first drill hole at the Tichka Est Gold Project, indicating a promising gold system with confirmed mineralization at depth [1][10]. Drilling Results - The first drill hole TCK-001 intersected 13 meters of 6.12 g/t Au, including 2 meters of 22.28 g/t Au, and 16 meters of 1.98 g/t Au, including 1 meter of 11.55 g/t Au [3][4]. - A total of 492.8 meters of diamond core has been drilled across three holes in Zone B, with drilling progress averaging approximately 10.5 meters per day [3][11]. Geological Model - The mineralization is primarily hosted in sub-horizontal diorite sills, confirming the continuity of favorable lithology [3][9]. - Two well-defined mineralized zones were identified: Diorite 1 (16 m of 1.98 g/t Au) and Diorite 2 (13 m of 6.12 g/t Au) [9]. Operational Update - Drilling operations faced challenges such as fractured zones and weather-related impacts, but core recoveries exceeded 99% [12][16]. - The company plans to continue its 1,500-meter diamond drill program to test lateral continuity and down-dip extensions of the mineralized zones [17]. Future Plans - Management expressed confidence in the potential of the Tichka Est Gold Project and plans to expand the drilling program to explore additional targets [13]. - Surface reconnaissance exploration will continue across the 82 km² permit area, focusing on other areas of interest [13][14].

Core Viewpoint - iMetal Resources Inc. has initiated its 2025 Phase I drill program at the Gowganda West project, focusing on expanding gold mineralization discovered in previous drilling [1][3]. Group 1: Drill Program Details - The planned drill program will consist of approximately 2,000 meters with 4 to 6 holes aimed at testing the discovery zone along strike and dip, as well as exploring additional mineralization bands in the footwall [2]. - Diafor Inc. will conduct the drilling, while Laurentia Exploration Inc. will provide technical and geological supervision [2]. Group 2: Project Background and Significance - The Gowganda West property is located about 100 km south-southeast of Timmins, Ontario, and is adjacent to McFarlane Lake Mining's Juby Deposits Project [4]. - The property features a significant gold prospective area of Timiskaming metasediments, approximately 7 km in strike and up to 5 km in width, which has shown increasing alteration and gold values in recent drill programs [3][4]. - The recent discovery hole IMGW23-04 revealed a gold interval of 48.5 meters at a grade of 0.85 g/t, indicating a strong correlation between silica alteration and gold grades [3][4]. Group 3: Company Overview - iMetal Resources Inc. is a Canadian junior exploration company focused on the exploration and development of resource properties in Ontario and Quebec, with Gowganda West being its flagship project [6]. - The company also holds the Ghost Mountain property and the Carheil project, which have multi-metal potential and previous graphite results [6].