Core Insights - SAGA Metals Corp. has successfully completed the first phase of drilling in the Trapper Zone, confirming extensive oxide mineralization over 1.5 km of the 3+ km strike within the Radar Project's Trapper Zone [1][2][4] Drilling Program Details - Phase 1 drilling in Trapper North involved four drill holes totaling 1,073 m, targeting a strong magnetic anomaly identified in the 2025 ground geophysical survey [4][18] - Phase 2 has commenced in Trapper South, with two drill holes completed to date, totaling 445 m [1][4] - Drill holes R-0008, R-0009, and R-0010 demonstrated significant semi-massive to massive oxide mineralization, with cumulative core lengths of 156 m, 165 m, and 139.5 m respectively [2][7][8] Geological Insights - The drilling has confirmed a likely structural repetition of cumulate oxide layers, indicating a strong magnetic response [2][8] - R-0011 intersected both semi-massive to massive cumulate oxides and a separate unit of rhythmic banded oxide mineralization, further supporting the geological model [2][8] Sample and Assay Updates - The first 420 core samples from the Fall 2025 Drill Program have been shipped, with results expected within 3 to 4 weeks [9][10] - The sampling interval has been adjusted to 2.0 m based on previous assay results from the Hawkeye zone [9] Future Plans - The drilling program aims to establish a maiden mineral resource estimation with a total of 15,000 m planned [19] - The company will continue drilling in both the North and South sections of the Trapper Zone before the seasonal break, focusing on understanding grades, widths, and structures [18][14] Strategic Positioning - The Radar Project is positioned as a potential strategic supplier of titanium, vanadium, and iron to North American markets, comparable to global Fe–Ti–V systems [20][26] - SAGA Metals Corp. is focused on critical minerals that support North America's supply security, with a diverse portfolio including the Radar Titanium Project and other properties [26][29]

Core Insights - Blackrock Silver Corp. has announced the final results from its Eastern Expansion Drill Program at the Tonopah West project, revealing several mineralized northwest structures with shallow mineralization over a 1.2-kilometre trend [2][3][5] Summary by Sections Eastern Expansion Program Highlights - The Eastern Expansion Program was fully funded and aimed at expanding the resource area at Tonopah West, which is 100% owned by the company [2][3] - The program commenced in July 2025 and involved a total of 6,798 metres drilled across 24 drillholes, with 22 completed [4] Drilling Results - The drilling identified at least three distinct, parallel mineralized zones oriented northwest, suggesting a series of footwall fault splays rather than a singular structure [5][8] - Significant drill results include: - TXC25-173: 0.92 metres of 2,122.7 grams per tonne (g/t) silver equivalent (AgEq) from 220.9 metres [5] - TXC25-178: 6.4 metres of 296.6 g/t AgEq, including 0.46 metres of 3,853 g/t AgEq from 183.8 metres [5] - The results will be incorporated into an updated mineral resource estimate and preliminary economic assessment expected by February 2026 [5][6] Mineralization and Structural Insights - The program confirmed the presence of shallow, high-grade, and thick mineralization in the identified structures, indicating potential for further expansion [8][9] - Historical context suggests that the Pittsburg-Monarch fault has been a significant ore control in the district, with the current drilling confirming the importance of its associated structures [8] Quality Assurance and Control - All sampling was conducted under strict supervision, ensuring a chain of custody from the project site to the laboratory for accurate assay results [19][20] Company Overview - Blackrock Silver Corp. is focused on exploration and development of precious metals, particularly in Nevada, with a portfolio that includes low-sulphidation, epithermal gold and silver mineralization [23]

Core Insights - Carlton Precious Inc. is advancing its Esquilache Silver project in Southern Peru, which covers 1,600 hectares and was historically mined by Hochschild Mining PLC, producing over 1 million tonnes of ore with significant silver, zinc, lead, and gold grades [1][2] Group 1: Project Update - The company has submitted an application for a FTA drilling permit to the Peruvian Ministry of Mines and Energy, but it has been advised to upgrade to a DIA drill permit, which requires a more detailed environmental approach and community consultations [2] - Carlton plans to implement a 5,000 metre core drilling program once the DIA is approved, aimed at estimating a reportable mineral resource and potentially leading to engineering programs and feasibility studies due to rising silver prices [3] Group 2: Company Background - Carlton Precious Inc. is a publicly traded exploration company focused on precious and base metals, with projects in key mining jurisdictions including Peru and Australia [5]

Core Viewpoint - Blue Moon Metals Inc. is making significant progress on its Norwegian projects, particularly the Nussir Copper-Gold-Silver Project and the NSG Copper-Zinc Project, with ongoing development and exploration activities aimed at enhancing resource estimates and advancing construction timelines [1][2][10]. Nussir Project Update - The underground decline at the Nussir project has advanced 656 meters as of November 27, 2025, marking a crucial step for future mine development and infrastructure installation [2][3]. - The main high-voltage transformer has been secured, reducing schedule risk and supporting the construction sequence [3]. - Early Works Construction Phase 1 has been completed, and Phase 2 is currently underway, focusing on additional surface area preparations [3][4]. - The feasibility study is on track for completion in February 2026, updating operating and capital costs based on the previous JORC compliant study [5]. - A directional drilling campaign commenced in October, aiming to expand the current mineral resource estimate (MRE) and test for high-grade mineralization at depth [6][7]. - The current MRE at Nussir includes an indicated resource of 28.72 million tonnes (Mt) at 1.02% Cu, 0.12 g/t Au, and 12.3 g/t Ag, and an inferred resource of 32.0 Mt at 1.01% Cu, 0.14 g/t Au, and 14.6 g/t Ag [7][8]. NSG Project Update - At the NSG Copper-Zinc project, activities are ramping up with the mining contractor, Fauskebygg, completing necessary improvements to the tunnel entrance [10]. - A 10,000-meter underground exploration program at the Rupsi deposit is expected to start soon, focusing on infill and expansion drilling of the inferred resource of 9.23 Mt at 1.19% Cu and 0.31% Zn [12]. - The geological mapping has advanced the understanding of the district, identifying additional exploration targets [11][12]. Restricted Share Units (RSU) Award - The company has granted 385,415 RSUs to certain officers, with each RSU representing a right to receive one common share following a two-year vesting period [16].

Core Insights - Lode Gold Resources Inc has successfully recovered over 5,000 historical underground samples from the Fremont Gold mine, significantly enhancing its mineral resource estimate [1][2][4] Group 1: Sample Recovery and Database Enhancement - The recovery of 5,728 underground samples increases the validated sample database from 3,212 to 8,593 records, improving geological understanding and exploration potential [2][4] - The samples include various types such as transversal and longitudinal channel cuts, and short drill holes, collected from historical shafts and stopes [4][6] Group 2: Historical Data and Resource Estimation - A total of 665 daily assay reports from 1936 to 1941 were recovered, which can help trace historical samples and quantify grades of exploited stopes [5] - The validation of these samples may allow Lode Gold to update the mineral resource estimate (MRE) with a higher proportion of Measured and Indicated Resources [7][8] Group 3: Project Overview and Infrastructure - The Fremont Gold mine is a brownfield project with over 43,000 meters drilled, 23 kilometers of underground workings, and 20 adits, with excellent infrastructure [3][19] - Only 8% of the resource identified in the 2025 MRE has been extracted, indicating significant exploration upside with 92% remaining [14][19] Group 4: Future Development Potential - The company has completed a new 3D model for improved accuracy of mined areas, which will aid in future resource estimation [7] - Lode Gold is positioned to potentially resume operations based on 100% underground mining, following a recent internal scoping study [20]

Core Insights - Lake Victoria Gold Ltd. has reported positive initial results from its ongoing 4,000 m drill program at the Imwelo Gold Project, confirming mineralization continuity to over 250 m depth [1][4][10] - The results indicate potential for extending the open-pit shell and evaluating future underground options beyond the planned shallow open-pit operation [5][7][10] Drilling Program Details - The drilling program utilizes a combination of reverse-circulation pre-collars and diamond-core tails, aimed at reducing costs and cycle time while ensuring high-quality geological data [2] - Five out of the planned twenty-four drill holes have been completed, with assay results received from the MSA Laboratory in Geita [5][10] Assay Results Highlights - The first five holes show consistent grades and widths comparable to the existing resource, confirming the depth extension of mineralization [4][7] - Additional mineralization has been identified in both the footwall and hanging wall, indicating potential for future resource expansion [4][7] Management Commentary - The President & CEO expressed optimism regarding the results, noting that mineralization continues beyond the current pit design and that additional lodes are emerging [10][11] - The Exploration Manager highlighted strong geological indicators aligning with expectations, including quartz veining and structural continuity [10] Future Objectives - The program aims to support continuous updates with additional assays pending from ongoing drilling [12] - Objectives include refining final pit design, improving resource confidence, and testing down-dip extensions to enhance resource estimates [19]

Core Insights - Canterra Minerals Corporation announced significant step-out drilling results at its 100%-owned Buchans Project, reporting 7.73% Copper Equivalent (CuEq) over 4.45 metres, indicating high-grade mineralization potential [1][3][7] Drilling Results - The recent drilling program included three holes with step-outs of approximately 50 metres, successfully extending the Two Level Zone beyond the Lundberg resource [2][4] - Previous drilling in May 2025 intersected 5.97% CuEq over 5.35 metres, demonstrating continuity of high-grade mineralization [2][3] - The Two Level Zone's mineralized footprint has expanded to approximately 200 metres by 50 metres, showcasing high-grade, transported, breccia-hosted sulphide mineralization [4][7] Mineralization Analysis - Drilling results indicate that the stockwork zone remains open and continues to expand at depth toward the northwest, consistent with the Lundberg Resource [5][7] - The latest results confirm the potential for a larger and higher-grade system at Buchans, with evidence of strong and continuous mineralization [3][4] Future Plans - Canterra plans follow-up drilling to further test the continuity and extent of mineralization at the Two Level Zone as part of an ongoing 8,000-metre drill program [9]

Operational Progress - Granite Creek underground development saw mined grades and tonnage reconcile well with the geological model, with improved groundwater management[16] - Archimedes underground construction commenced on time, marking the start of the company's second planned underground mine[16] - The company expects to meet its 2025 consolidated guidance of 30,000 to 40,000 ounces of gold[16] - Approximately 15,000 tonnes of oxide material at 9.8 g/t Au and approximately 15,000 tonnes of 2.95 g/t, along with approximately 20,000 tonnes of sulfide material at 10.7 g/t Au were mined at Granite Creek[23] - At Archimedes underground, development reached over 1,000 feet of drift advance as of early November[32] - Approximately 41,000 meters of infill drilling were completed at Cove underground across the Gap and Helen zones[35] Financial Highlights - Revenue reached $32.019 million for the three months ended September 30, 2025, compared to $11.509 million for the same period in 2024[45] - Gross profit was $3.118 million for the three months ended September 30, 2025, a significant improvement from a loss of $4.920 million in the same period of 2024[45] - The company reported a net loss of $41.867 million, or $0.05 per share, for the three months ended September 30, 2025[45] - The company's cash balance was approximately $103 million at the end of the quarter[46] Recapitalization and Future Plans - Approximately $200 million was raised through bought-deal and private placements in 2025[48] - The company is targeting $350 million - $400 million in financing[48]

Core Insights - West Point Gold Corp. has announced the remaining drill results from its shallow drilling program at the Gold Chain Project in Arizona, part of a larger 10,000 metre drill initiative [1][3] - The initial phase of the drilling program has successfully demonstrated continuity of mineralization from surface down to previous drilling, positioning the company to complete a maiden resource estimate in 2026 [3][9] Drill Results Summary - The company reported assay results for six drill holes, with significant findings including: - Hole GC25-71: 80.8m of 1.23 g/t Au, with mineralization starting only 1.5m downhole [6][7] - Hole GC25-72: 53.4m of 1.44 g/t Au [6][7] - Hole GC25-79: 28.9m of 2.65 g/t Au, indicating a wider mineralized zone than previously thought [6][7] - Hole GC25-73: 51.8m of 1.44 g/t Au, confirming continuity along strike and dip above previous drilling [6][7] Project Development - The initial portion of the 10,000-metre drill program has been completed with 1,177m drilled in 15 holes across the Tyro Main Zone, establishing a data foundation for a maiden resource estimate [9][10] - Drilling continues beneath the high-grade zone at NE Tyro, with expectations for initial results from these holes before year-end [3][6] Geological Insights - The drilling has revealed significant grades and widths consistent with previously drilled, deeper holes, indicating a broad zone of gold mineralization approximately 50m [10][11] - The Tyro vein system has an estimated true width in excess of 40 metres in the area tested by Holes GC25-72 and GC25-79, supporting higher gold grades in the vein breccia [14][15]

Core Insights - Erdene Resource Development Corp. achieved a significant milestone with the first gold pour at the Bayan Khundii Gold Mine on September 14, 2025, and expects to reach nameplate production capacity by the end of 2025 [3][10] - The company is actively exploring opportunities to expand resources at Bayan Khundii and has planned 9,300 meters of drilling in the coming months [3][10] - An updated independent mineral resource estimate for the Zuun Mod Molybdenum-Copper project was announced, confirming it as one of Asia's largest undeveloped projects [3][10] - The company entered an option agreement to acquire up to 80% interest in the Tereg Uul Copper-Gold prospect, located near the Oyu Tolgoi deposit [3][10] Q3 2025 Highlights - First gold production at Bayan Khundii occurred on September 14, with expectations to achieve full production capacity by year-end 2025 [10] - During the quarter, the company sold 342 ounces of gold at an average price of US$3,805 per ounce and 96 ounces of silver at US$44 per ounce [10] - The Bayan Khundii mine is designed to process 650,000 tonnes of ore annually, producing approximately 85,000 ounces of gold [10] - The company mined 2.1 million tonnes of material, including 133 thousand tonnes of ore with an average grade of 2.30 g/t Au and 1.27 g/t Ag as of September 30 [10] - Community development initiatives have been implemented, with about 35% of site personnel being local residents [10] Financial Performance - The company recorded a net loss of CAD 2,748,830 for Q3 2025, compared to a net loss of CAD 1,687,580 in Q3 2024 [10][11] - Exploration and evaluation expenses increased to CAD 579,333, primarily due to costs associated with the Tereg Uul property and new project evaluations [10] - Corporate and administrative expenses rose to CAD 864,892, attributed to increased stock-based compensation and higher professional fees related to share consolidation [10] Resource Estimates - The updated mineral resource estimate for Zuun Mod showed a 22% increase in Measured and Indicated molybdenum resources to 333 million pounds and a 90% increase in Inferred molybdenum resources to 300 million pounds [10] - Copper resources also saw a 16% increase in Measured and Indicated resources to 384 million pounds and a 75% increase in Inferred resources to 350 million pounds [10]