Core Insights - Q2 Metals Corp. reports significant progress in its 2025 drill program at the Cisco Lithium Project, highlighting drill hole 44 as a major discovery with extraordinary width and grade, which will support the upcoming Mineral Resource Estimate expected in Q1 2026 [2][3][4] Drill Program Results - The 2025 Drill Program has completed 2,200.4 meters of drilling across four drill holes, with notable results from drill hole CS25-044, which includes two intervals of 457.4 meters at 1.65% Li2O and 36.9 meters at 1.65% Li2O [3][4] - Drill hole CS25-044 is noted as the widest continuous spodumene pegmatite interval drilled by the company to date, contributing to the initial Mineral Resource Estimate [4][10] - The ongoing drilling campaign aims to support the initial inferred Mineral Resource Estimate, with infill drilling planned to be completed in the coming weeks [4][10] Exploration Target - The Exploration Target for the Cisco Project estimates potential lithium mineralization between 215 to 329 million tonnes at grades ranging from 1.0% to 1.38% Li2O, based on the first 40 holes drilled [10][16] - The current drilling efforts are focused on infill drilling within the main mineralized zone, which remains open at depth and along strike, indicating further exploration potential [17] Upcoming Events - Q2 Metals team is participating in the Mines & Money Resourcing Tomorrow conference in London, UK, from December 2-4, 2025, to engage with industry stakeholders [11] Quality Assurance and Methods - The company employs rigorous QA/QC protocols in its sampling and analytical processes, including the use of certified reference materials and systematic insertion of blanks to ensure data integrity [12][13]

Core Viewpoint - Doubleview Gold Corp. is preparing to release an updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) for the Hat Polymetallic Deposit, highlighting its significant cobalt resource as a key component of the project [1][4]. Cobalt Resource Summary - The Hat Deposit is noted to potentially contain one of the largest undeveloped cobalt inventories in Canada, with cobalt occurring as a by-product associated with copper and pyrite mineralization [2][4]. - The indicated resource includes 150 million tonnes with 28 million pounds (approximately 12,700 tonnes) of cobalt at a grade of 0.008% Co, while the inferred resource consists of 477 million tonnes with 91 million pounds (approximately 41,300 tonnes) of cobalt at a grade of 0.009% Co [6][11]. Metallurgical Insights - Cobalt is consistently distributed throughout the alkalic porphyry system alongside other metals, and metallurgical tests indicate efficient liberation of cobalt into a clean pyrite concentrate suitable for conventional processing [3][4]. Strategic Importance of Cobalt - Cobalt is classified as a critical mineral by several countries, including Canada and the United States, and is essential for high-performance lithium-ion batteries, superalloys, and clean-energy technologies [5][7]. - The Hat Deposit's location in a Tier-1 jurisdiction and its substantial cobalt endowment enhance its long-term relevance as demand for responsibly sourced battery metals increases [4][8]. Project Development Context - The Hat Deposit has undergone multiple exploration campaigns and is expected to advance through necessary evaluation and development stages, potentially contributing to future domestic cobalt supply [8][10].

Core Insights - Verde AgriTech Ltd. has reported positive assay results from the first three drill holes of its resource definition program at the Minas Americas Global Alliance rare earths project in Brazil, confirming high-grade mineralization and potential for significant resource expansion [1][2][4]. Exploration Highlights - All three drill holes intersected continuous, clay-hosted rare earth mineralization from surface, indicating the presence of high-grade mineralized horizons [2][8]. - The current drill campaign, which began in October 2025, aims to test near-surface rare earth oxide mineralization and is expected to support a maiden mineral resource estimate by Q1 2026 [2][9]. Initial Drill Results - The best intercept was 14.2 meters from surface averaging 6,858 ppm Total Rare Earth Oxides (TREO) and 1,673 ppm Magnetic Rare Earth Oxides (MREO) in hole MAV_AD_002 [8][9]. - High dysprosium content was noted, with Dy₂O₃ up to 86 ppm in the best drill intercepts, enhancing the project's profile for magnet rare earths [8][9]. Next Steps - The company plans to complete approximately 200 drill holes by the end of February 2026 to support the initial NI 43-101 mineral resource estimate [9][26]. - Upcoming milestones include the publication of the maiden mineral resource estimate in Q1 2026 and the completion of a Preliminary Economic Assessment (PEA) in Q2 2026 [26][27]. Metallurgical Program - Previous leach tests confirmed ionic-adsorption clay behavior with high-value magnet rare earths reporting strongly into solution, indicating a clean leachate suitable for downstream processing [17][18]. - A dedicated metallurgical test program is being planned to optimize reagent conditions and assess potential processing routes for clay-hosted rare earth deposits [25]. Company Positioning - Verde is strategically positioned to advance the project alongside its core sustainable fertilizer business, leveraging existing infrastructure and teams in the region [5][19]. - The company aims to contribute to a secure and responsible supply of rare earths essential for the global energy transition [5][19].

Core Viewpoint - DPM Metals Inc. has announced initial Mineral Resource Estimates (MRE) for the Dumitru Potok, Rakita North, and Frasen prospects in eastern Serbia, indicating significant potential for a district-scale gold-copper system [1][3][4]. Mineral Resource Estimates - The total Inferred MRE comprises 2.6 million ounces of gold and 1.9 billion pounds of copper, contained within 84.4 million tonnes grading 0.97 g/t gold and 1.02% copper, assuming an underground mining scenario [5][12]. - The Dumitru Potok prospect alone contains 64.1 million tonnes at a grade of 1.07 g/t gold and 1.09% copper, representing a significant higher-grade core of the MRE [12]. Exploration Potential - All three deposits (Dumitru Potok, Rakita North, and Frasen) remain open in multiple directions, suggesting further exploration potential and resource growth at low-cost discovery rates [4][28]. - The company has identified numerous high-potential targets along a six-kilometre trend, enhancing the prospects for continued mineral resource growth [3][12]. Metallurgical Testwork - Initial metallurgical testwork indicates high recoveries are achievable, producing potentially saleable copper and gold concentrates [12][21]. - Preliminary flotation testwork produced saleable gold-copper concentrate grades between 18% to 39% for copper and 14 g/t to 31 g/t for gold [25][27]. Next Steps - Drilling is paused on the Čoka Rakita exploration license pending permit renewal, with plans to recommence in the second quarter of 2026 [29]. - The company plans 20,000 metres of diamond drilling at the Čoka Rakita exploration license to infill and extend mineralization at the Dumitru Potok prospect [30]. Stakeholder Engagement - DPM has maintained strong partnerships with local communities and governments since 2004, emphasizing proactive engagement as exploration activities advance [31][32]. Investor Engagement - DPM is hosting an investor day on December 4, 2025, to present highlights of the Rakita camp MRE and provide updates from the executive and technical teams [33][34].

Core Viewpoint - Q-Gold Resources Ltd. has engaged SLR Consulting to advance environmental baseline studies and permitting strategies for its flagship Quartz Mountain Gold Project in southern Oregon, marking a significant milestone in the project's development [1][3]. Company Overview - Q-Gold Resources Ltd. is a publicly traded mineral exploration and development company focused on advancing gold and silver projects in mining-friendly jurisdictions across North America [13]. - The company is committed to progressing its portfolio of gold and silver assets toward production, with a primary focus on the Quartz Mountain Gold Project in Oregon and the Mine Centre Gold Project in Ontario [14]. Project Details - The Quartz Mountain Gold Project is located in southern Oregon and is strategically positioned in a historically productive mining district with excellent infrastructure access [8]. - The project was acquired from Alamos Gold Inc. in October 2025 and represents a promising gold development opportunity [4]. Engagement with SLR Consulting - SLR Consulting has extensive experience in mine permitting across North America, particularly in Oregon's regulatory environment, which will help Q-Gold navigate the environmental review and permitting pathway for the Quartz Mountain Gold Project [2]. - The scope of SLR's work includes environmental baseline data collection, permitting strategy development, stakeholder engagement planning, and coordination with relevant regulatory agencies [3]. Mineral Resource Estimate - The recent technical report disclosed an estimated 1.543 million ounces of gold at 0.96 g/t and 2.049 million ounces of silver at 1.27 g/t within 50,002,000 tonnes in the indicated category, plus an additional 148,000 ounces of gold at 0.77 g/t and 135,000 ounces of silver at 0.70 g/t within 5,992,000 tonnes in the inferred category [9][6]. - The Mineral Resource Estimate indicates that the deposit is amenable to conventional open-pit mining methods [5].

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]