Core Viewpoint - Granada Gold Mine Inc. is reviewing the potential for an open pit resource at the Granada Minesite due to the current increase in gold prices, specifically targeting a grade of 1 gram per tonne [1] Company Overview - Granada Gold Mine Inc. operates the Granada Gold Property near Rouyn-Noranda, Quebec, which spans 14.73 square kilometers and is adjacent to the Cadillac Break [12] - The company is currently conducting a large drill program, having completed 20,000 meters out of a planned 120,000 meters, with drilling paused to evaluate existing data and market conditions [12] Resource Estimates - The fully permitted resource is shovel-ready, with 80% of the 5.5-kilometer mineralized structure open for exploration, indicating potential for significant resource increases [2] - Historical resource estimates from May 2017 indicated a total measured and indicated resource of 21,575,500 tonnes at an average grade of 1.16 grams per tonne, equating to 807,700 ounces of gold [3][4] - An updated resource estimate as of August 2022 reported 543,000 ounces of gold in the Measured and Indicated category and 456,000 ounces in the Inferred category, with average grades of 2.05 grams per tonne and 4.71 grams per tonne respectively [10][11] Historical Context - The Granada Gold Mine operated as an underground mine in the 1930s, producing gold at grades of 9-10 grams per tonne from two shafts [2][13] - Historical production from the mine totaled over 50,000 ounces of gold at an average grade of 10 grams per tonne [14] Development Plans - The current development plan proposes to operate as an open pit followed by a higher-grade underground mine, leveraging the existing mineralized zones [2]

Core Viewpoint - Benton Resources Inc. has entered into a purchase agreement to acquire a 100% interest in Noble Mineral Exploration Inc.'s Island Pond Property, which is strategically located near Benton's South Pond Gold Zone, potentially enhancing its mineralization prospects [1][2][3]. Acquisition Details - The acquisition involves a one-time cash payment of CAD 30,000 and the issuance of 1,000,000 common shares to Noble, pending TSX Venture Exchange approval [1][4]. - The Island Pond Property is expected to extend the current 2.7 km mineralized trend by over 1,000 meters, consolidating control over the northern extension of the South Pond trend [3]. Geological Significance - Geological and geophysical similarities between the Island Pond and South Pond areas suggest a continuation of significant gold-copper mineralization along the same structural trend [2]. - Benton plans immediate prospecting and geophysical evaluations to assess the potential of the newly acquired property [3]. Financial and Operational Aspects - The project is subject to a 2% Net Smelter Royalty (NSR) to an original vendor and a 1% NSR to Noble, with Benton having the right to buy back the original 2% NSR for CAD 1.5 million [4]. - Benton has drilled 23,300 meters at the Great Burnt and South Pond projects since late 2023, with notable gold assay results indicating robust mineralization [7][11]. Company Overview - Benton Resources is a well-financed mineral exploration company listed on the TSX Venture Exchange under the symbol BEX, with a diversified property portfolio and significant equity positions in other mining companies [10]. - The company is focused on advancing its high-grade Copper-Gold Great Burnt Project, which has a Mineral Resource estimate of 667,000 tonnes at 3.21% Cu Indicated and 482,000 tonnes at 2.35% Cu Inferred [11].

Core Viewpoint - Mayfair Gold Corp. has filed an updated technical report for the Fenn-Gib Gold Project, reflecting a significant increase in the gold price assumption and a corresponding adjustment in the mineral resource estimate [1][2]. Group 1: Technical Report Details - The updated technical report is titled "National Instrument 43-101 Technical Report – Mineral Resource Estimate Update Fenn-Gib Project, Ontario, Canada" and is available on SEDAR+ [1]. - The effective date of the updated mineral resource estimate is September 3, 2024, with the assay cut-off date for drill holes being April 30, 2024 [2]. - The gold price used in the updated report increased from US$ 1,765/oz to US$ 2,000/oz, leading to a reduction in the cut-off grade from 0.4 g/t Au to 0.3 g/t Au [2]. Group 2: Mineral Resource Estimates - The updated NI 43-101 open pit constrained mineral resource estimate includes a total Indicated Resource of 181.3 million tonnes containing 4.3 million ounces at a grade of 0.74 g/t Au, and an Inferred Resource of 8.92 million tonnes containing 0.14 million ounces at a grade of 0.49 g/t Au, based on a 0.30 g/t Au cut-off grade [4]. Group 3: Future Plans - The new technical report provides additional details on mineral processing and metallurgical testing, which will support the pre-Feasibility Study currently underway, expected to be released later in 2025 [2].

Core Viewpoint - Scorpio Gold Corp. has announced additional drilling results from its 2025 Phase 1 drilling program at the Manhattan District Project in Nevada, indicating significant gold mineralization and supporting the company's goal of expanding its maiden resource estimate to two million ounces of high-grade gold [1][4]. Summary by Sections Drilling Results - Phase 1 drilling included 12 diamond drill holes totaling 4,216 meters, with additional assay results pending for four remaining holes totaling 1,465 meters [2]. - Notable drill results include: - Hole 25MN-016: 0.91 g/t Au over 36.39 m, including 2.97 g/t Au over 3.41 m and 3.33 g/t Au over 4.08 m [7]. - Hole 25MN-017: 0.80 g/t Au over 33.13 m, including 10.07 g/t Au over 5.94 m [7]. - Hole 25MN-015: 5.49 g/t Au over 7.32 m [7]. Target Zones Overview - The 2025 Phase 1 drill program targeted four primary mineralized zones: the Gap Zone, Reliance Trend, Mustang Hill, and West Pit Extension, confirming continuity of mineralization and potential for resource expansion [5]. - The Gap Zone, located between historic mines, showed mineralization extending across a previously undrilled corridor of approximately 200 meters [5]. - Mustang Hill returned multiple high-grade intercepts near surface, reinforcing its significance as a growth target [5]. Transition to Phase 2 - With Phase 1 completed, the company is planning Phase 2, which will focus on systematically drilling the core of the Mineral Resource Estimate to the northwest of the West Pit [6]. - Phase 2 aims to complete 50,000 meters of drilling by the end of next August, supporting the goal of defining a two-million-ounce gold resource [8]. Marketing and Investor Engagement - Management will participate in The Hidden Gems Conference in New York City on October 20-21, 2025, to engage with potential investors and provide updates on the drilling program and resource estimates [24]. About the Manhattan District - The Manhattan District is located in the Walker Lane Trend of Nevada and has historically produced approximately 700,000 ounces of gold [26]. - The maiden Mineral Resource Estimate from June 2025 indicated 18,343,000 tonnes grading 1.26 g/t gold for a total of 740,000 ounces contained in the inferred category [26].

Omai Gold Files NI 43-101 Technical Report Supporting an Updated Mineral Resource Estimate on Its Omai Gold Property in GuyanaOctober 09, 2025 4:00 PM EDT | Source: Omai Gold Mines Corp.Toronto, Ontario--(Newsfile Corp. - October 9, 2025) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") announces that a National Instrument 43-101 Technical Report dated October 9, 2025 (the "Report") has been filed on the SEDAR+ website www.sedarplus.ca in support of the updated ...

Core Viewpoint - Eloro Resources Ltd. has announced promising assay results from two step-out drill holes in the Santa Barbara zone, indicating the potential for resource expansion and upgrading ahead of a Preliminary Economic Assessment (PEA) [2][4]. Summary by Relevant Sections Drill Results - The company has completed a total of 6,756 meters of diamond drilling in fourteen holes, with 3,371 meters reported from seven holes, and assay results pending for one remaining hole [2]. - Significant intersections include: - Hole DSB-88: 1.72% Zn over 456 meters, including 2.35% Zn over 190.5 meters [8]. - Hole DSB-89: 24.51 g/t Ag and 1.27% Zn over 154.5 meters, with notable intervals of 74.64 g/t Ag over 13.5 meters [8][9]. Mineral Resource Expansion - The recent drill results are expected to infill areas previously classified as waste in the Mineral Resource Estimate (MRE), contributing to both resource expansion and upgrading [4]. - The definition drill program has successfully extended the footprint of higher-grade domains, indicating the presence of two significant near-surface mineral deposits that could be mined from a single starter pit [4][32]. Technical Insights - The drill holes DSB-88 and DSB-89 were strategically placed to explore the southeastern margin of the potential starter pit area, with DSB-88 being a step-out hole located 310 meters northeast of DSB-87 [5][6]. - The results from DSB-88 and DSB-89 are among the most robust mineralized intersections recorded in the definition drill program, reinforcing the exploration strategy of the technical team [4][6]. Project Background - The Iska Iska project is a significant silver-tin polymetallic complex located in southern Bolivia, with Eloro holding an option to earn a 100% interest [18][19]. - The project is characterized by a major silver-tin polymetallic porphyry-epithermal complex, with mineralization similar to other significant deposits in the region [19][33].

Core Insights - FireFly Metals Ltd is advancing an aggressive drilling strategy at the Green Bay Copper-Gold Project, utilizing eight diamond rigs to enhance resource growth and upgrade Inferred Resources to Measured and Indicated categories [2][3][4] - Recent infill drilling results have shown high-grade mineralization, with grades reaching nearly 20% CuEq, indicating strong continuity and potential for significant resource upgrades in the upcoming Mineral Resource Estimate [5][7][12] Drilling Campaign - A six-rig underground drill campaign is focused on both resource growth and upgrading Inferred Resources to more valuable Measured and Indicated categories [4][18] - The current Mineral Resource Estimate for Green Bay stands at 24.4 million tonnes at 1.9% for 460,000 tonnes CuEq in Measured and Indicated Resources, and 34.5 million tonnes at 2.0% for 690,000 tonnes CuEq in Inferred Resources [7][12] High-Grade Results - Recent infill drilling has returned exceptional results, including: - 4.4m at 19.5% CuEq (3.1% Cu & 19.2g/t Au) in hole MUG25-113 - 10.1m at 10.1% CuEq (6.6% Cu & 4.1g/t Au) in hole MUG25-110 - 8.0m at 8.6% CuEq (3.2% Cu & 5.8g/t Au) in hole MUG25-068 [5][6][39] Financial Position - FireFly has a strong balance sheet with approximately A$145 million in cash and liquid investments, following a successful equity raise, which will support ongoing exploration and feasibility studies [14][9] Regional Exploration - Regional exploration programs are actively underway, with drill rigs testing geophysical anomalies in the central Green Bay leases and a VTEM survey being conducted over the adjacent Tilt Cove Project [13][14]

VANCOUVER, British Columbia, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Koryx Copper Inc. (“Koryx” or the "Company") (TSX-V: KRY) is pleased to announce filing of the recently completed Preliminary Economic Assessment (“PEA”) of the Company’s 100%-owned, flagship Haib Copper Project (“Haib” or the “Project”) in southern Namibia. The results of the PEA were announced in the Company's news release on September 4, 2025. The technical report comprising the PEA is entitled, “Preliminary Economic Assessment of the Haib Co ...

Core Insights - Nova Pacific Metals Corp. has reported final assay results from its Phase 1 drilling program at the Lara VMS Project, confirming the exploration model and supporting a Mineral Resource Estimate expected in Q4 2025 [1][2]. Drilling Results - The Phase 1 drill program consisted of seven drillholes totaling 2,228 meters, part of a larger 8,660-meter program [1]. - Significant intersections include: - Hole NP25-0011: 17.64 m grading 1.9 g/t AuEq or 4.3% ZnEq [6] - Hole NP25-0021: 9.0 m grading 2.1 g/t AuEq or 5.3% ZnEq [6] - Hole NP25-0041: 16.2 m grading 3.3 g/t AuEq or 8.6% ZnEq, including a high-grade interval of 11.1 g/t AuEq or 26.37% ZnEq [6] - Hole NP25-0143: 11 m grading 5.1 g/t AuEq or 13% ZnEq, with a peak of 20.5 g/t AuEq or 50.2% ZnEq [6] - Other drillholes reported no significant intersections, indicating gaps in the mineralization model [8]. Exploration Strategy - The company is compiling and digitizing historical data to evaluate mineralized zones beyond the Coronation area, which is a high-priority target within the 17-kilometer VMS belt [9][10]. - Nova Pacific aims to explore additional zones, including Lady A and Lady C, to potentially expand the resource base [7][11]. Quality Assurance - All drill core is logged, photographed, and analyzed by ALS Canada Ltd., ensuring high standards of quality control and accuracy in assay results [12]. Company Overview - Nova Pacific Metals Corp. is focused on advancing the Lara VMS Project, which is strategically located near key infrastructure and enriched with critical and precious metals [17].

VANCOUVER, British Columbia, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce that on the back of the success achieved to date with drilling at the Company’s 100% owned Enchi Gold Project ("Enchi" or the "Project") in Ghana, and a strong cash position of approximately $10 million after the exercise of warrants that expired on September 26, 2025, the Company has increased its 2024 - 2025 drill program to 45,000 metres. Drillin ...