Core Viewpoint - Gold Terra Resource Corp is advancing its drilling program along the Campbell Shear in the Yellorex Trend, with the potential to increase its mineral resource estimate (MRE) due to favorable gold prices exceeding US $4000 per ounce [1][3]. Company Update - The 2025-2026 drill program targets are located along the Campbell Shear south of the historic Con Mine, where a Mineral Resource Estimate (MRE) was outlined in 2022 [1]. - The company has the right to acquire 100% of the Con Mine Option (CMO) property from Newmont Corporation until November 21, 2027 [2]. - The near-surface drilling targets have been finalized, focusing on areas with a potential average grade of 6 g/t using a lower cut-off grade [3]. - Gold Terra's land tenure covers over 70 kilometers of strike length in a historically high-grade gold belt in Canada [3]. Drilling Targets - The Yellorex Trend drilling targets include: - Yellorex Main Zone (YRX), which accounts for over 65% of the 2022 MRE [5]. - Yellorex North (YRX-N), drilled in 2023, not included in the 2022 MRE [5]. - C17 area, which requires drilling on a 50-meter spacing between surface and 600 meters vertical [5]. - Historical drill intersections from the C17 area include: - CON-C1707: 4.79 g/t Au over 8.08m - CON-C1708: 3.20 g/t Au over 7.62m [5]. Mineral Resource Estimate - The October 2022 MRE was based on a 3.50 g/t cut-off, with potential for lower cut-off grades to be tested in upcoming drilling [6]. - The CMO Deposit MRE has been estimated at various cut-off grades, demonstrating sensitivity to gold prices [6]. - The company aims to raise the confidence level of future resource estimates through planned exploration drilling [6]. Project Overview - The Yellowknife Project encompasses 918 sq. km of land near Yellowknife, controlling one of Canada's major high-grade gold camps [8]. - The project is strategically located within 10 kilometers of vital infrastructure, enhancing operational efficiency [8]. - The CMO property claims are immediately south of the past-producing Con Mine, which produced 6.1 million ounces of gold from 1938 to 2003 [8][9].

Core Insights - The company has initiated a multi-phase drill program at its N2 Gold Project in Quebec, targeting a total of 20,000 meters [1] - The project hosts a global historic resource of approximately 870,000 ounces of gold, with 18 million tonnes grading 1.4 g/t Au, equating to about 809,000 ounces of gold across four zones [1] - Additionally, there is a resource of 243,000 tonnes grading 7.82 g/t Au, amounting to around 61,000 ounces of gold in the RJ zone [1] - Phase 1 of the drilling program, which is fully funded, commenced on September 25, 2025, and consists of 10,000 meters [1]

Core Viewpoint - Ero Copper Corp. has successfully completed its Phase 1 drill program at the Furnas Copper-Gold Project, revealing significant down-dip mineralization and extending known limits, which positions the project as a potential large-scale, high-grade underground mining operation [1][4][6]. Group 1: Drill Program Details - The Phase 1 drill program consisted of 28,000 meters, with results received for approximately 10,000 meters, demonstrating continuity and extending mineralization to a maximum depth of 730 meters [1][2]. - Only one of the 66 holes drilled did not intercept mineralization, indicating a high success rate in the drilling campaign [2]. - The program included infill drilling to confirm high-grade mineralization continuity and step-out drilling to extend known mineralization limits [2][4]. Group 2: Mineral Resource Estimates - The current NI 43-101 mineral resource estimate is based on historical drilling averaging 300 meters in depth, with a maximum localized depth of 580 meters [1][6]. - The indicated mineral resource is estimated at 35.2 million tonnes grading 1.04% copper and 0.69 grams per tonne gold (1.36% CuEq), while inferred resources total 61.3 million tonnes grading 1.06% copper and 0.63 grams per tonne gold (1.36% CuEq) [14]. Group 3: Future Plans - The company is advancing to a Phase 2 drill campaign, expected to comprise a minimum of 17,000 meters, with a greater focus on step-out drilling [5][6]. - The complete results from the Phase 1 program will inform an updated NI 43-101 mineral resource estimate and a preliminary economic assessment (PEA) scheduled for completion in the first half of 2026 [6][9]. Group 4: Project Location and Infrastructure - The Furnas Project is located in the Carajás Mineral Province in Pará State, Brazil, approximately 50 kilometers from Vale Base Metals' Salobo operations and 190 kilometers from Ero's Tucumã Operations [7][8]. - The project area covers approximately 2,400 hectares and is near extensive regional infrastructure, including paved roads and a power substation [8]. Group 5: Partnership and Agreements - In July 2024, Ero Copper signed an earn-in agreement with Salobo Metais S.A., a subsidiary of Vale Base Metals, to earn a 60% interest in the project by completing exploration and development milestones over five years [9][35].