Core Viewpoint - Rocky Shore Gold Ltd. has entered into option and purchase agreements to acquire key mining claims in central Newfoundland, enhancing its strategic position in a promising gold belt [1]. Group 1: Properties - The Huxter Lane Property consists of 90 claims covering 2,250 hectares and hosts the Mosquito Hill Gold Deposit, classified as a porphyry-controlled gold deposit [3]. - The Brady Property includes four claims over 100 hectares, hosting the Reid Gold Deposit, also classified as a porphyry-controlled gold deposit, with an inferred mineral resource of 9,570,000 tonnes at 0.56 g/t gold, equating to approximately 173,000 gold ounces [5]. - Both properties are adjacent to the Gold Anchor Project, which contains two large porphyry-controlled gold deposits and is strategically located near the Lane Pond Gold Target along the Appleton Fault [7]. Group 2: Transaction Terms - The Huxter Lane Option Agreement allows the company to earn a 100% interest in the Huxter Lane Property through cash payments and share issuances, with a total of $650,000 in cash and 15,000,000 shares over four years [10][11]. - The Brady Property Purchase Agreement involves a cash payment of $75,000 and the issuance of 1,000,000 common shares for a 100% interest, with a 0.5% NSR retained by the vendor [13]. Group 3: Strategic Importance - The acquisition of both properties is seen as strategically important due to the current high gold prices and the potential for significant historical gold resources to be added to the Gold Anchor Project [6]. - The company plans to conduct a maiden drill program at the Lane Pond Gold Target this winter and aims to compile data from both deposits to identify additional untested porphyry targets for future drilling [6].

Green Bay Project Resource Update - The Green Bay Project has an upgraded resource of 50.4 million tonnes @ 2.0% CuEq for 863kt Cu and 546koz Au in M&I[3] - The Green Bay Project has 29.3 million tonnes @ 2.5% CuEq for 566kt Cu and 563koz Au in Inferred[3] - The Green Bay Project has an exceptional high-grade core zone of 8.8 million tonnes @ 3.9% CuEq (346kt CuEq) in M&I and 10.9 million tonnes @ 3.8% CuEq (414kt CuEq) Inferred[3] - Since acquisition (2 years) the M&I category at Ming has grown 121% (from 21.5Mt to 47.5Mt) now making up 67% of the Ming MRE[43] - The Ming Mine has M&I Resource of 48Mt @ 2.0% CuEq and Inf Resource of 23Mt @ 2.6% CuEq[48] Financing and Development - A$139.5 million Equity Raise To Drive Growth and Development[33] - The company has A$244.5 million Pro-Forma Cash Balance[32] - The company is planning upscaled mine production & engineering studies well underway, scheduled for 1st half CY2026[80] - The company received environmental approval for start-up operation[80] Exploration and Regional Potential - The company has 3 x surface drill rigs targeting regional discovery; extensive geophysical surveys to continue[80] - The company identified 325x Geophysical targets for testing[65] - Initial Regional Drilling Intercepts High Grade at Rambler Main with 10.0m @ 6.4% CuEq and 12.9m @ 4.3% CuEq[68]

Core Viewpoint - FireFly Metals Ltd has announced agreements for two significant capital raising initiatives: a Canadian Offering to raise approximately C$30 million and an Australian Offering to raise approximately A$101.5 million, aimed at advancing its mineral projects [1][3]. Canadian Offering - The Canadian Offering involves the sale of 19,230,770 ordinary shares at a price of C$1.56 (A$1.70) per share, with gross proceeds expected to be C$30 million (approximately A$33 million) [1]. - BMO Capital Markets has been engaged to manage the offering, with an option to purchase an additional 15% of the offering to cover over-allotments [1][2]. - The offering is anticipated to close around December 17, 2025, pending necessary regulatory approvals [2]. Australian Offering - Concurrently, the Australian Offering aims to raise approximately A$101.5 million, consisting of a charity flow-through placement of A$16.5 million and an institutional placement of A$85 million [3]. - A retail share purchase plan (SPP) will also be conducted, allowing eligible shareholders to subscribe for up to A$30,000 worth of shares, potentially raising an additional A$5 million [3]. Use of Proceeds - The net proceeds from both offerings and the SPP will primarily be allocated to: - Development and early works for the Green Bay Copper-Gold Project - Technical studies including mine options assessments - Underground drilling for resource growth and new discoveries - Regional exploration drilling targeting new discoveries - General administrative and working capital flexibility [4][6]. Company Overview - FireFly Metals Ltd is focused on advancing the Green Bay Copper-Gold Project in Newfoundland, Canada, which currently hosts a Mineral Resource of 50.4 million tonnes at 2.0% copper equivalent, totaling 1,016,000 tonnes of copper equivalent [5][22]. - The company also holds a 70% interest in the Pickle Crow Gold Project in Ontario, with an Inferred Mineral Resource of 11.9 million tonnes at 7.2 g/t for 2.8 million ounces of gold [6][10].

A Vital Step in Advancing Permitting for Ore ExtractionTORONTO, Dec. 01, 2025 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (“McFarlane” or the “Company”) (CSE: MLM, OTC: MLMLF) a leading Canadian gold exploration company focused on advancing its flagship Juby Gold Project, located approximately 15 kilometers west from Gowganda, Ontario and approximately 90 kilometers west from Temiskaming Shores, Ontario is pleased to announce it has engaged Pinchin Ltd. (“Pinchin”), a leading environmental consulting ...

Core Insights - Q2 Metals Corp. is advancing its 2025 drill program at the Cisco Lithium Project, aiming for an initial inferred Mineral Resource Estimate by Q1 2026 [2][4][21] - The ongoing infill drilling campaign has shown promising results, confirming the consistency of the mineralized zone with significant lithium grades reported [5][7] Exploration Target - The Exploration Target for the Cisco Project estimates potential lithium mineralization between 215 to 329 million tonnes, with grades ranging from 1.0% to 1.38% Li2O, based on the first 40 drill holes [3][20] - This target is conceptual and not classified as a mineral resource or reserve, indicating further exploration is needed to define actual resources [3][20] Drilling Progress - The current drilling campaign has completed 27,295 meters over 67 holes, with four drill rigs actively operating on site [5][6] - Recent results from four drill holes include multiple intervals with high lithium grades, such as 95.1 meters at 1.56% Li2O and 81.9 meters at 1.56% Li2O [7][10] Upcoming Events - Q2 Metals will participate in the Mines & Money Resourcing Tomorrow conference in London, UK, from December 2-4, 2025, to engage with industry stakeholders [18]

Core Insights - Thesis Gold Inc. announced positive results from an independent Prefeasibility Study (PFS) for its Lawyers-Ranch Project, indicating strong economic viability and positioning the project among the top-tier development-stage gold projects globally [1][6][7]. Project Overview - The PFS outlines a plan for developing the Lawyers-Ranch Project using both open pit and underground mining methods, with ore processed at a single facility [3][13]. - The project has an after-tax NPV of CAD 2.37 billion and an IRR of 54.4%, with a payback period of 1.1 years [6][7]. Economic Highlights - At a gold price of USD 2,900/oz and silver at USD 35/oz, the project shows a pre-tax IRR of 73.5% and an NPV of CAD 3.73 billion [7]. - Initial capital expenditure is estimated at CAD 736.2 million, with a compelling after-tax NPV to initial capital ratio of 3.2:1 [7][29]. Production Metrics - The project is expected to produce an average of 266,000 AuEq ounces annually in the first three years, totaling 2.84 million AuEq ounces over the life of mine (LOM) [7][12]. - The average all-in sustaining costs (AISC) are projected at USD 1,185 per AuEq ounce [7][29]. Resource Estimates - The maiden Mineral Reserve statement includes 76.16 million tonnes of ore grading 0.97 g/t Au and 28 g/t Ag, resulting in a total AuEq grade of 1.33 g/t [7][25]. - The PFS is based on a Mineral Resource Estimate effective October 16, 2025, with significant potential for resource expansion and discovery [14][20]. Mining Strategy - The mining strategy integrates conventional open pit operations with underground longhole stoping, targeting high-grade zones [35][41]. - Approximately 96.8% of the mill feed will be sourced from open pit mining, with underground mining focused on deeper, higher-grade zones [35][36]. Processing and Infrastructure - The processing plant is designed for a throughput of 13,700 tonnes per day, utilizing a flexible flowsheet to recover gold and silver [44][46]. - Infrastructure includes open pit and underground mines, a processing plant, tailings storage, and supporting facilities [46][49]. Future Opportunities - The PFS identifies opportunities for further optimization in the upcoming Feasibility Study, including potential resource upgrades and exploration targets [10][13].

Core Insights - Globex Mining Enterprises Inc. is updating shareholders on the progress of two critical mineral properties in New Brunswick, which are under option to Bryah Resources Ltd. and Antimony Resources Corporation [1] Group 1: Bryah Resources Ltd. - Bryah Resources has initiated a 1,000-metre drill program at the Golden Pike gold and antimony project to upgrade the existing foreign resource estimate to a JORC compliant mineral resource estimate [2] - Following the completion of the Golden Pike drill program, the drill will be moved to the Bond Road area for an exploration program targeting high-grade antimony veins, with up to 1,200 metres of exploration drilling planned [2] Group 2: Antimony Resources Corporation - Antimony Resources has filed a NI 43-101 Technical Report on the Bald Hill Antimony project, indicating a potential of 2.7 million tonnes at a grade of 3.0% to 4% antimony, which could yield between 81,000 and 108,000 tonnes of contained antimony, approximately doubling the previous estimate from 2014 [3] - The company is conducting a 6,000-metre drill program to detail and extend the known deposit, which will bring the total drill footage to 15,000 metres [4] - Antimony Resources has announced a financing of up to $10,012,000 to continue work on the Bald Hill property, focusing on becoming a significant North American producer of antimony [5]

Core Viewpoint - Kenorland Minerals Ltd. is nearing the completion of its maiden Mineral Resource Estimate for the Regnault gold deposit within the Frotet Project in Quebec, which is expected to provide a significant valuation for the company's 4% NSR royalty on the project [1][3]. Group 1: Mineral Resource Estimate Details - The upcoming Mineral Resource Estimate will include data from 127,217 metres of drilling across 265 drill holes, marking the first formal quantification of high-grade gold mineralization discovered in 2020 [2]. - The MRE is being prepared by SLR Consulting (Canada) Ltd. and will comply with CIM Definition Standards as required under NI 43-101 [2]. Group 2: Project Overview - The Frotet Project spans 39,365 hectares in the Frotet-Evans greenstone belt and is adjacent to the Troilus Gold Corporation's past-producing Au-Cu mine, which has an indicated resource of 9.32 million ounces of gold [4]. - The Regnault gold system, a greenfields discovery made by Kenorland and Sumitomo in 2020, has undergone extensive exploration totaling 131,713 metres of drilling across 271 drill holes [5]. Group 3: Company Strategy and Position - Kenorland Minerals is focused on project generation and early-stage exploration in North America, utilizing systematic exploration strategies financed through partnerships [9]. - The company holds a 4% net smelter return royalty on the Frotet Project, which is operated by Sumitomo Metal Mining Canada Ltd. [9].

Core Insights - STLLR Gold Inc. has announced a maiden Mineral Resource Estimate (MRE) for its Hollinger Tailings Project, indicating a significant step towards potential cash flows and environmental remediation [2][3][4] Mineral Resource Estimate Summary - The Hollinger MRE includes a total of 412,000 ounces of gold in the Indicated category and 93,000 ounces in the Inferred category, with an average grade of 0.35 g/t Au [5][6] - Phase 1 of the project has an estimated 16.1 million tonnes at a grade of 0.41 g/t Au, containing 212,000 ounces of gold [5][6] - The resource estimate is based on 11,230 meters of sonic drilling from 423 holes, with 82% of the mineralization classified as Indicated [15][20] Business and Development Strategy - The company aims to generate near-term cash flow with minimal capital intensity due to existing infrastructure and high metallurgical recoveries from tailings [3][4] - STLLR has initiated permitting under Ontario's new Recovery of Minerals Regime, designed to expedite the development of such projects [3][18] - The company is exploring mining sequence analysis and operating scenarios tailored to Phase 1 to position it as the starting point for future production [3][4] Community and Environmental Impact - The Hollinger project is expected to provide environmental rehabilitation by reprocessing a century-old tailings facility, benefiting the local community and shareholders [4][22] - The Mayor of Timmins highlighted the project's potential for sustainable development through the remediation of historic mine tailings [4][22]

Core Viewpoint - Aftermath Silver Ltd. has successfully completed the final payment for the acquisition of the Berenguela silver-copper-manganese project ahead of the due date, securing 100% ownership of the project and initiating a comprehensive pre-feasibility study [1][4][3]. Acquisition Details - The final payment was reduced by US$100,000 to US$1.55 million due to an agreement with EMX Royalty Corporation, while SSR Mining Inc. waived the requirement for Aftermath to complete a Pre-Feasibility Study by November 23, 2025 [2]. - The total payment obligations under the Acquisition Agreement amounted to US$13 million, which Aftermath has now fulfilled [5]. Mineral Resource Estimate - As of January 31, 2023, the Berenguela project has a mineral resource estimate of 40.176 million tonnes, with a measured and indicated silver grade of 78 g/t, copper grade of 0.67%, and manganese grade of 2.45% [6][8]. - The inferred resource is estimated at 22.287 million tonnes with a silver grade of 54 g/t and a copper grade of 0.42% [6]. Project Significance - The Berenguela project is considered a critical metals project, and the completion of the acquisition positions Aftermath Silver to capitalize on the growing demand for silver, copper, and manganese [4][1]. - The relative value of the mineral resource by metal is approximately 26% silver, 26% copper, 44% manganese, and 4% zinc [8]. Future Plans - Aftermath Silver is set to initiate a comprehensive pre-feasibility study for the Berenguela project, focusing on the production of silver, copper, and manganese [4].