Core Viewpoint - North Bay Resources, Inc. has successfully completed the final acceptance and settlement of its gold concentrate test shipments from the Fran Gold Project, indicating progress in its operations and potential for increased production capacity [1]. Shipment Results - The total weight of gold concentrate shipments in April 2025 was 667 wet pounds, with shipments 2 and 3 processed at the Bishop Gold Mill [5]. - Shipment 2 had a dry weight of 222 pounds, with an average recovered grade of 0.08 ounces per ton, resulting in a per ton value of $260 [6]. - Shipment 3 had a dry weight of 318 pounds, with an average recovered grade of 0.11 ounces per ton, resulting in a per ton value of $360 [6]. Operational Improvements - Upgrades to the raker/classifier during April improved consistency and reduced material size, leading to better recovery rates in shipment 3, which was within 10% of shipment 1 [6]. - The implementation of a drying circuit reduced moisture content by 60% from 16.20% in shipment 2 to 7.15% in shipment 3 [6]. Future Production Plans - The company aims to ramp up production to 100 tons per week in the short term and achieve full commercial production of 100 tons per day thereafter [6]. - A finalized flotation circuit design includes an additional mixing tank to enhance gold recovery through improved reagent addition [7]. Fran Gold Project Development - Mobilization for further development at the Fran Gold Project is set to begin in early June, focusing on exploration and preparation for additional ore shipments [8]. - The company plans to implement grade control on stockpiles to maximize head grade at the mill and ensure continuous throughput [8]. Resource Estimates - The current resource estimate for the Bullion Alley - Main Zone is approximately 20,035,146 tonnes at an average grade of 0.50 grams per tonne, totaling 323,170 troy ounces [10]. - The Bullion Alley - Main Zone combined with the East Extension has a total resource of 43,797,234 tonnes at an average grade of 0.34 grams per tonne, totaling 474,001 troy ounces [11]. Economic Considerations - Using a gold price of $3,100 per ounce, the gross value in the Main Zone is estimated at $50 per tonne, with mining costs at the nearby Blackwater Gold Mine at $9 per tonne processed [12]. - The company is consulting with mine engineering firms regarding detailed economics and mine planning for the bulk tonnage deposit [12]. Geological Insights - Past exploration has revealed large intercepts of mixed vein and disseminated gold, with the deposit area identified to exceed 1000m x 100m x 300m [13]. - The Fran Gold Project is strategically located near significant mining operations, including Centerra Gold's Mt. Milligan Project and Artemis Gold's Blackwater Mine, which enhances its potential for resource development [13].

Vancouver, British Columbia--(Newsfile Corp. - May 26, 2025) - Dolly Varden Silver Corporation (TSXV: DV) (NYSE American: DVS) (FSE: DVQ) (the "Company" or "Dolly Varden") is pleased to announce that, further to its news release dated May 5, 2025, it has completed the acquisition of the Kinskuch Property in northwest BC's Golden Triangle (the "Transaction"). The Kinskuch Property is adjacent to the Company's Kitsault Valley Project and dramatically increases the Kitsault Valley Project size to approximatel ...

Core Viewpoint - U.S. GoldMining Inc. has provided an update on the exploration results for the Whistler Gold-Copper Project, highlighting significant potential for further discoveries and resource development in Alaska [1][4]. Exploration and Resource Potential - The Whistler Project contains three mineral systems: Whistler - Raintree, Island Mountain, and Muddy Creek, with existing deposits and numerous undrilled targets identified [2][5]. - The current mineral resource estimate includes 294 million tonnes (Mt) at 0.68 grams per tonne (g/t) gold equivalent (AuEq) for 6.48 million ounces (Moz) AuEq indicated, and 198 Mt at 0.65 g/t AuEq for 4.16 Moz AuEq inferred [8]. - The existing deposits occupy only approximately 1% of the Company's land holdings, indicating broader exploration potential across the 53,700 acres of State mining claims [3][5]. Infrastructure and Economic Assessment - The Whistler Project is strategically located near major infrastructure and is expected to benefit from the planned West Susitna Access Road, enhancing its economic viability [4]. - An initial economic assessment has been launched for the known gold-copper deposits, with exploration programs designed to run concurrently to maximize the project's potential [5][6]. Geological Analysis and Future Plans - Geological analysis indicates significant potential for further discoveries based on previous drilling campaigns and ongoing exploration efforts [4][6]. - The Company is prioritizing numerous targets across the identified mineral systems and plans to develop phased exploration programs starting in the summer [5][6]. Recent Discoveries - Notable drill results include the longest intercept of consistent mineralization at the Whistler Deposit, measuring 652.5 meters at 0.73 g/t Au, and a new discovery near Raintree West of 138.0 meters at 0.99 g/t AuEq [11].

Vancouver, British Columbia--(Newsfile Corp. - May 12, 2025) - Triumph Gold Corp. (TSXV: TIG) (OTC Pink: TIGCF) (FSE: 8N6) ("Triumph Gold" or the "Company") is pleased to announce the discovery of a new Silver-Gold vein system, now named the Proton Zone, at its 100%-owned Freegold Mountain Project in Yukon, Canada. The discovery lies 1.3 km northeast of the Nucleus Deposit and 2.75 km northwest of the Revenue Deposit. The Proton Zone was uncovered in fresh bedrock exposed by placer mining at Mechanic Creek ...