Core Viewpoint - South Pacific Metals Corp. has initiated its first drilling program at the Ontenu Northeast prospect within the Osena project area in Papua New Guinea, aiming to explore potential high-grade epithermal Au-Cu veins [1][4]. Drilling Program Details - The drilling will assess whether the northwest trending mineralised structures are surface expressions of deeper epithermal Au-Cu veins, similar to those mined by K92 Mining Ltd. at their Kora and Judd deposits [2]. - The program targets recently discovered mineralised structures with surface samples showing up to 3.95 g/t Au, 645 g/t Ag, and 1.56% Cu across a 6 m wide outcrop [2]. - Additional structures with rock chip samples up to 13.9 g/t Au and 388 g/t Ag will also be tested [3]. - The company plans to drill four to six holes, totaling approximately 1500 meters, by the end of the 2025 field season [3]. Company Insights - The CEO of South Pacific Metals Corp. highlighted that this drill program is a significant milestone, as Ontenu Northeast has not been drilled before [4]. - The first drill hole is expected to intersect several mineralised structures at depths ranging from 100m to 250m, with further testing planned for other mineralised structures [4].

Core Viewpoint - CanadaBeauce Gold Fields is closing a non-brokered flow-through private placement to raise funds for exploration activities, specifically targeting gold and phosphate properties [1][3]. Group 1: Private Placement Details - The company is issuing 9,999,622 units at a price of $0.045 per unit, resulting in gross proceeds of $449,983 [1]. - Each unit consists of one common share and one common share purchase warrant, allowing the holder to purchase an additional common share at $0.12 for 24 months [1]. - A finder's fee of $40,048.30 will be paid to EMD Financial Inc., along with the issuance of 711,970 warrants to the same firm [2]. Group 2: Use of Proceeds - Proceeds from the private placement will primarily be allocated for exploration of gold and phosphate properties [3]. - The company stipulates that no more than 10% of the proceeds can be used for Investor Relations Activities, and none will be allocated to payments to non-arm's length parties [3]. Group 3: Company Overview - Beauce Gold Fields is focused on exploring the largest placer gold district in eastern North America, with the goal of tracing old placer gold workings back to their bedrock sources [4]. - The flagship property is the Saint-Simon-les-Mines gold project, historically significant as the site of Canada's first gold rush [4]. - The company is currently drilling antiform systems believed to contribute to extensive auriferous placer deposits in the Beauce region [4].

Core Viewpoint - World Copper Ltd. has successfully completed the sale of the Zonia Copper Project to Edge Copper Corporation, receiving cash and shares as part of the transaction [1][2]. Transaction Details - The transaction involved World Copper receiving $10.5 million in cash and 37,820,374 common shares of Edge Copper, resulting in approximately 31.3% ownership of Edge Copper for World Copper and its shareholders [2]. - World Copper shareholders exchanged their shares for new common shares of World Copper and approximately 0.12482512 of an Edge Copper share based on the exchange ratio [3]. - World Copper retained about $500,000 in cash and 5,000,000 Edge Copper shares post-consolidation, with plans to use the cash consideration to settle outstanding debts and liabilities [3]. Approval and Legal Aspects - Shareholder approval for the transaction was obtained on October 16, 2025, and the Supreme Court of British Columbia approved the transaction on October 23, 2025, making it effective on October 30, 2025 [5]. - The transaction was conducted on an arm's length basis, with no finder's fees, but a financial advisory fee of 4% of the transaction value is payable by World Copper [6]. Financing and Warrant/Option Replacement - Edge Copper provided a bridge loan of $600,000 to World Copper, which was set off against the cash consideration upon closing [10]. - Holders of World Copper warrants and options received replacement warrants and options to acquire Edge Copper shares based on the exchange ratio [7][9]. Listing and Future Operations - Following the transaction, World Copper shares will be exchanged for New World Copper shares, which are expected to commence trading on the TSX Venture Exchange on October 31, 2025 [11]. - The company plans to continue operating as a mineral exploration issuer and aims to meet the continued listing requirements of the TSXV [12].

Core Insights - BULGOLD Inc. has initiated exploration diamond drilling at the Lutila Gold Project in Central Slovakia, which spans an area of 32.2 km² and is believed to be prospective for quartz-adularia, low-sulfidation epithermal gold mineralization [1] - The company plans to drill test the Horna Klapa target area with specific details provided for the planned drill hole [1] Company Overview - BULGOLD is a gold exploration company focused on mineral exploration projects in Central and Eastern Europe, controlling 100% of three quartz-adularia epithermal gold projects in Slovakia and Bulgaria: Lutila, Kostilkovo, and Kutel Gold Projects [2] - Management believes that these assets have potential for high-grade, good-metallurgy, low-sulfidation epithermal gold mineralization [2] Shareholder Information - As of September 30, 2025, BULGOLD had 49,132,335 issued and outstanding shares, with approximately 28.3% held by Founders, Directors, and Management [3]

TORONTO, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Halcones Precious Metals Corp. (TSX – V: HPM) (the “Company” or “Halcones”) submitted the required documentation to the civil court of Taltal Chile to initiate the well-established process available to mining companies in Chile to be granted the required surface access to diamond drill the Polaris Project (the “Project” or “Polaris”). The Company has diligently attempted to negotiate a surface access agreement with the surface rights holders for approximately nine ...

Core Viewpoint - Evergold Corp. has announced a subscription agreement for up to $350,000 in unsecured convertible debentures, which will support drilling activities in the DEM Mountain Zone, aiming to explore promising intersections of precious and critical metals [1][2][3] Financing Details - C.J. Greig Holdings Ltd., owned by Evergold's Chief Exploration Officer, will subscribe for the debentures, which carry a 7.5% annual interest rate and mature on December 31, 2026 [1] - The principal amount can be converted into up to 1,521,739 common shares at a conversion price of $0.23 per share, along with detachable warrants [1][10] Drilling Plans and Results - The proceeds will facilitate immediate drilling below previously encouraging intersections of metals in the DEM Mountain Zone, with drilling expected to commence shortly [2][3] - Previous drill results indicated a broad zone of gold mineralization, with significant grades including 11.98 g/t Au over a narrow interval [4][9] - Proposed drill hole DEM25-06 aims to explore deeper continuity of the mineralized system, targeting approximately 200 meters below earlier intersections [5] Project Overview - The DEM property spans 12,728 hectares and is strategically located near Fort St. James, British Columbia, within a region known for significant mineral deposits [6][7] - The DEM prospect is characterized by geological features suggestive of a porphyry system, supported by geochemical and geophysical anomalies [8] Related Party Transaction - The issuance of the convertible debentures constitutes a related party transaction, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [10]

Core Insights - Tinka Resources has initiated its first drilling program at the Silvia gold-copper project in central Peru, acquired from BHP in 2021, aiming to discover high-grade gold and copper deposits [1][2] - The drilling will focus on Area A, where high-grade gold-copper skarn mineralization has been identified, with four diamond holes planned to reach depths of up to 400 meters [1][3] Company Developments - The drilling rig will operate continuously until late December, with the site prepared on time and within budget, showcasing effective collaboration with local stakeholders [2] - Initial results from the drilling program are expected to be reported by the end of 2025, with further findings anticipated in early 2026 [6] Geological Context - The Silvia project is located in a region known for its gold, copper, and base metal deposits, with the geological setting influenced by a 'dilational pull-apart' scenario between two regional faults [4] - The mineralization at Silvia is associated with monzonite porphyry stocks and dikes intruding a thick limestone unit, with skarn formation occurring within both the intrusions and limestone [5] Exploration Potential - Recent third-party sampling has confirmed high-grade mineralization, with notable samples showing 28.5 grams per tonne (g/t) gold and 1.2% copper over a 0.6-meter stretch [3] - Besides Area A, there are two additional areas (B and C) with high prospectivity for gold and copper, which will be evaluated in later stages of the exploration program [3]

Core Insights - Providence Gold Mines Inc. has staked an additional 100 acres of BLM land adjacent to the La Dama de Oro Gold trend, enhancing potential exploration targets [1][3] Company Overview - The La Dama de Oro gold property is a historical high-grade gold producer with all necessary permits for water, road, environmental, plan of operations, and mill site, including bulk sampling [2] - The property has not undergone any drilling or modern scientific exploration, resulting in no identified NI 43-101 compliant resources [2] Geological Context - The La Dama de Oro Property is located in the Silver Mountain Mining District, characterized by complex geology including Mesozoic quartz monzonite and Jurassic Sidewinder Volcanics [4] - The mineralization is classified as a structurally controlled, low-sulfidation epithermal gold-silver vein system, primarily hosted by the La Dama de Oro Fault [4] - The largest known vein measures 4.5 feet at its widest point and is open for exploration over a strike length of more than 6,000 feet [4]

Core Insights - Tungsten Mining is advancing the Mt Mulgine tungsten project in Western Australia, with promising gold exploration targets identified at multiple prospects [1][5] - The exploration targets indicate a potential yield of 44,000 to 87,000 ounces of gold, complementing a previously disclosed gold mineral resource estimate of 67,500 ounces [2][4] Exploration Targets - Drilling activities at the Mulgine Trench, Allentown, and Monza prospects have revealed an estimated exploration target size of 1.5 to 2 million tonnes, with gold grades between 0.9 to 1.4 grams per tonne [2] - The exploration targets are conceptual and require further exploration to estimate a mineral resource [4] Drilling Results - Significant results from drilling include 6 meters at 3.10 grams per tonne of gold from a depth of 4 meters at the Mulgine Trench [3] - High-grade intersections at the Monza prospect include 4 meters at 27.69 grams per tonne of gold from a depth of 19 meters [3] - At Allentown, results show 23 meters at 1.84 grams per tonne of gold from a depth of 12 meters across three structures [4] Strategic Implications - The chairman of Tungsten Mining emphasized that these results enhance the gold opportunity at Mt Mulgine, supporting the tungsten development strategy and providing flexibility for future development plans [5]

Vancouver, British Columbia--(Newsfile Corp. - October 23, 2025) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce that exploration work has begun at the East District of the Guitarra silver-gold project in Estado de Mexico, Mexico; this District covers the historic Temascaltepec mining area. Greg Liller, Chief Operating Officer and Executive Chair, commented: "We are very pleased to be restarting exploration within the under-explored Eas ...