Core Viewpoint - Brightstar Resources has received full mining approvals for the Lord Byron project, enabling the company to accelerate gold production growth in the Laverton Hub [4]. Group 1: Project Approvals and Timeline - The Department of Mines, Petroleum and Exploration (DMPE) has approved the Lord Byron project, completing the environmental approval process after the Native Vegetation Clearing Permit was granted in July 2025 [1]. - Development of the Lord Byron open pit is planned to begin in the second half of calendar year 2026, with the construction of a new one million tonnes per annum carbon in leach processing plant in Laverton starting in the first quarter of 2026 [2]. - Mining operations at Lord Byron are expected to commence in the second half of calendar year 2026, allowing for stockpiling of mill feed prior to commissioning [3]. Group 2: Strategic Importance and Infrastructure - The Lord Byron open pit is strategically located less than 10km from the operational Fish underground mine, which facilitates streamlined and low capital expenditure development due to existing surface infrastructure [4]. - The rapid development of the Lord Byron open pit is aligned with the proposed mill construction, set to begin in the first half of calendar year 2026 [5]. Group 3: Exploration and Resource Potential - Recent exploration at Lord Byron has indicated significant potential for increasing the current mineral resource, with drill hole LBRC25001 returning a notable result of 32m at 7.16g/t Au, located directly below the proposed south open pit [5]. - The Lord Byron project has a history of mining activity, previously operated by Crescent Gold and Focus Minerals before being acquired by Lord Byron Mining in 2019 [6]. - Brightstar continues its exploration efforts with ongoing drilling at Sandstone, supporting a pre-feasibility study as part of a 100,000m exploration program [7].

Financial Performance - Asante Gold Corporation reported revenue of $100.8 million for Q2 2026, an 11% decrease from $113.5 million in Q2 2025, primarily due to a lower volume of gold sold [3][28] - The total comprehensive loss for Q2 2026 was $61 million, compared to a loss of $20 million in Q2 2025 [3][28] - Adjusted EBITDA for Q2 2026 was -$26.3 million, down from $19.8 million in the same period last year [3][29] Operational Results - Gold equivalent production in Q2 2026 was 28,213 ounces, a decrease from 46,979 ounces in Q2 2025, attributed to capital constraints and lower ore grades [3][17] - The average gold price realized per ounce increased to $3,130 in Q2 2026 from $2,338 in Q2 2025 [3] - All-in sustaining costs (AISC) rose to $4,849 per ounce in Q2 2026, compared to $1,921 per ounce in Q2 2025, driven by increased stripping ratios and higher sustaining capital expenditures [3][18] Production Outlook - The company anticipates rapid production growth at both Chirano and Bibiani, with expected production of 125,000 to 130,000 ounces of gold from each operation for the current fiscal year [6] - The consolidated production target for 2026 remains at approximately 450,000 ounces, representing a more than 70% increase over 2025 guidance [6] - The commissioning of the new sulphide treatment plant at Bibiani is expected to significantly improve gold recovery from 60% to up to 92% [11][22] Growth Initiatives - At Bibiani, growth catalysts include the commissioning of the sulphide treatment plant and ongoing plant throughput expansion, which aims to increase processing capacity from 3.0 million tonnes per year to 4.0 million tonnes per year [7] - Chirano is also implementing process plant improvement projects to increase annual production rates and enhance gold recovery [8] - Exploration activities are ramping up at both mines, with advanced drilling programs aimed at developing new satellite pits and supporting future mineral resource growth [15][16] Mine Specifics - At Bibiani, total material mined increased by 253.6% in Q2 2026 compared to Q2 2025, reflecting elevated stripping requirements [21] - Gold equivalent production at Bibiani was 8,257 ounces in Q2 2026, down from 16,452 ounces in the same period last year, due to lower grade plant feed [22] - At Chirano, gold equivalent production was 19,956 ounces in Q2 2026, a decrease from 30,527 ounces in Q2 2025, primarily due to lower ore grades and reduced ore throughput [27]

Summary of Orla Mining Conference Call Company Overview - **Company**: Orla Mining (NYSEAM:ORLA) - **Industry**: Gold Mining Core Points and Arguments 1. **Company Positioning**: Orla Mining positions itself as an emerging gold producer, focusing on consistency and self-comparison rather than against larger industry players [1][2] 2. **Growth Strategy**: The company has transitioned from a developer to a multi-asset diversified producer, emphasizing performance and growth [2][3] 3. **Camino Rojo Performance**: The Camino Rojo project in Mexico is highlighted as a foundational asset, delivering steady output, low costs, and strong free cash flow [3][11] 4. **Future Projects**: Orla is planning future growth through: - An underground project at Camino Rojo - Integration of Musselwhite Mine in Northern Ontario - South Railroad project in Nevada, with construction targeted to begin in 2026 and first gold pour expected in early 2028 [4][9][10] 5. **Production Goals**: The company aims to produce nearly 500,000 ounces of gold annually, representing a fivefold increase in production over five years [5][10] 6. **Musselwhite Mine Acquisition**: Acquired Musselwhite Mine, which has a strong operational history and is expected to double annual gold output [6][7] 7. **Investment in Growth**: Orla is committing over $130 million in capital and exploration this year to unlock future potential [7][12] 8. **Financial Guidance**: For the current year, Orla is guiding for gold production of 265,000 to 285,000 ounces, with all-in sustaining costs between $1,350 and $1,550 per ounce [12] 9. **Shareholder Value**: The company has achieved over 1,000% return since 2017, emphasizing disciplined growth and strong balance sheet management [15] Additional Important Content 1. **Community and Partnerships**: Orla emphasizes collaboration with communities and reputable partners, such as Agnico Eagle, which recently monetized its position in Orla [5][13] 2. **Recognition**: Orla was named to the 2025 TSX 30, recognizing it as one of the top-performing stocks on the Toronto Stock Exchange [14] 3. **Long-term Vision**: The company is focused on maintaining production at Camino Rojo, advancing South Railroad, and maximizing Musselwhite, all while extending its portfolio [15][16] This summary encapsulates the key points discussed during the Orla Mining conference call, highlighting the company's strategic direction, growth initiatives, and financial performance.

Summary of Caledonia Mining Corporation Conference Call Company Overview - Caledonia Mining Corporation is an established gold producer based in Zimbabwe, focusing on growth and value creation for stakeholders through consistent dividends and production increases [4][2][3]. Core Strategy - The company emphasizes anti-dilution by avoiding share issuance, maintaining a consistent yield through dividends, and focusing on production growth [3][2]. - Caledonia has been paying dividends since 2016, returning over $60 million to shareholders [8][2]. Production and Assets - The company targets over 200,000 ounces of annual gold production, with current guidance between 75,000 to 80,000 ounces from its Blanket mine [4][9]. - The Blanket mine has been operational since 1906 and is expected to have a minimum life of ten years, with significant capital invested in infrastructure upgrades [10][9]. - Caledonia has four core assets: a producing mine (Blanket), a shovel-ready project (Bilboes), and early-stage projects (Marley Green and Matapa) [6][12]. Bilboes Project - The Bilboes project, acquired in 2023, has an estimated 3 million ounces of gold and is expected to significantly increase production capacity [11][12]. - A Preliminary Economic Assessment (PEA) indicates potential production of 1.5 million ounces over ten years [11]. - The project is fully permitted and shovel-ready, with ongoing assessments to optimize funding solutions without diluting shares [27][28]. Financial Performance - Over the past decade, Caledonia's share price has increased tenfold, outperforming gold prices and the GDX index [15][16]. - The company has generated $183 million in value over the last ten years, contributing significantly to local communities and the government through taxes and royalties [17][18]. Operating Environment in Zimbabwe - The company has operated in Zimbabwe for over 20 years, highlighting improvements in fiscal stability and a safe operating environment [19][20]. - The Zimbabwean workforce is noted for its quality, with all employees being local, contributing to the company's operational success [21][22]. - Recent improvements in power access and government support are seen as positive developments for the mining sector [22][23]. Future Outlook - Caledonia aims to continue producing from the Blanket mine while developing the Bilboes project, with production expected to commence in 2029 [29]. - The company remains committed to long-term growth and capitalizing on Zimbabwe's potential as a mining jurisdiction [29].

Company Overview - Black Cat Syndicate has approximately 708 million shares on issue[26] - The company's market capitalization was around $600 million as of August 5, 2025, with a share price of $0.855[26] - The company had approximately $54 million in cash and bullion as of June 30, 2025[26] - Directors hold approximately 3.7% of the company's shares, representing an investment of around $5.5 million[26] Production and Resources - The company is targeting a production rate of approximately 100,000 ounces of gold by the end of 2025[23, 71] - The company aspires to achieve over 200,000 ounces of gold per year from organic growth projects[24, 71] - Group Resources: 2.5 million ounces of gold at 2.9 g/t Au and approximately 13,000 tonnes of antimony at 1.7% Sb[24, 36, 70] - Kal East Gold Resource: 1.3 million ounces of gold at 2.1 g/t Au[37, 41, 43] - Paulsens Gold Resource: 548,000 ounces of gold at 4.0 g/t Au, including a high-grade underground Resource of 400,000 ounces at 9.5 g/t Au[38, 52] - Coyote Gold Resource: 645,000 ounces of gold at 5.5 g/t Au, including an underground Resource of 360,000 ounces at 14.6 g/t Au[38, 62] Operations and Growth - Gold production increased 33% quarter-over-quarter, with mine ramp-ups ongoing[24] - Kal East gold production increased 37% quarter-over-quarter to 12,156 ounces for the June Quarter[37, 43, 44] - Paulsens gold production increased 29% quarter-over-quarter to 4,600 ounces for the June Quarter[38, 52, 53] - Paulsens development increased 36% quarter-over-quarter to 1,684 meters[52, 53]

Not an offer. This presentation and its contents are not an invitation, offer, solicitation or recommendation with respect to the purchase or sale of any securities in Pantoro in any jurisdiction and must not be distributed, transmitted, or viewed by any person in any jurisdiction where the distribution, transmission or viewing of this document would be unlawful under the securities or other laws of that or any other jurisdiction. This presentation is not a prospectus or any other offering document under Au ...

Company Overview - Catalyst Metals has a simple portfolio focused on two large strategic gold belts for long-term organic growth[2] - The company's strong balance sheet and operating cashflows provide a stable foundation for organic growth[2] - As of August 1, 2025, Catalyst Metals has a market capitalization of A$1.3 billion and cash and bullion of A$230 million[5] - The pro-forma enterprise value is A$1.0 billion[5] Plutonic Gold Belt - The Plutonic Gold Belt is a flagship asset with an operating mine and a plan to fill the underutilized mill from five shallow, underexplored deposits[3] - The three-year vision for the Plutonic Gold Belt is to increase production organically from approximately 100,000 ounces per annum to approximately 200,000 ounces per annum while lowering long-term costs to approximately A$2,000 per ounce[3] - The Plutonic Gold Belt has reserves of 861,000 ounces as of June 30, 2024, and a resource of 3.3 million ounces as of August 1, 2025[3] - Baltic past production 350koz at 13.1g/t Au[35] Trident Resource - The Trident Mineral Resources total 811,000 ounces at 5.0 g/t Au[13] - The total resource increase by 56%[12] - Indicated Resource increase by 105%[12] Bendigo Gold Project - The Bendigo Gold Project has a high-grade gold Resource with a secured production pathway[40] - The project includes an Inferred Resource of 70,000 ounces at 26 g/t[3]

Core Viewpoint - Aris Mining Corporation reported a 13% increase in gold production for H1 2025 compared to H1 2024, driven by the successful commissioning of the expanded Segovia mill and an expected stronger production in the second half of the year [1][3]. Production and Sales Summary - Gold production for H1 2025 reached 113,415 ounces, up from 99,983 ounces in H1 2024, reflecting a 13% increase [1][6]. - Total sales for H1 2025 were 115,305 ounces, a 15% increase from 100,513 ounces in H1 2024 [1][6]. - Q2 2025 gold production was 58,652 ounces, a 7% increase over Q1 2025 [6]. - Q2 2025 gold sales were 61,024 ounces, a 12% increase over Q1 2025 [6]. Segovia Operations - Segovia Operations produced 99,076 ounces in H1 2025, a 12% increase compared to 88,613 ounces in H1 2024 [3][6]. - In Q2 2025, Segovia Operations processed 168,000 tonnes with an average gold grade of 9.85 g/t and recoveries of 96.1% [4]. - Gold produced from Segovia in Q2 2025 was 51,527 ounces, up from 47,549 ounces in Q1 2025 [4]. Marmato Narrow Vein Zone - Marmato Narrow Vein Zone produced 14,339 ounces in H1 2025, a 26% increase from 11,370 ounces in H1 2024 [3][6]. - In Q2 2025, Marmato processed 73,000 tonnes with an average gold grade of 3.35 g/t and recoveries of 90.2% [5]. - Gold produced from Marmato in Q2 2025 was 7,125 ounces, slightly down from 7,214 ounces in Q1 2025 [5]. Future Outlook - The company is targeting an annual production rate of over 500,000 ounces following the Segovia mill expansion and the construction of the Bulk Mining Zone at Marmato, expected to ramp up in H2 2026 [8]. - The company is also pursuing partnerships with Colombia's small-scale mining sector to enhance operational safety and environmental responsibility [9].

Core Viewpoint - Alamos Gold Inc. reported its financial results for Q1 2025, producing 125,000 ounces of gold, meeting the low end of guidance, with expectations for improved production and lower costs in subsequent quarters [1][3][30]. Financial Performance - Operating revenues for Q1 2025 were $333 million, a 20% increase from $277.6 million in Q1 2024 [5][71]. - Cost of sales was $195.2 million, resulting in earnings from operations of $94.7 million, compared to $81.4 million in the previous year [5][62]. - Adjusted net earnings were $59.8 million, or $0.14 per share, up from $51.2 million in Q1 2024 [5][62]. - Free cash flow was negative $20.1 million, impacted by cash taxes and share-based compensation payments [3][62]. Operational Highlights - Gold production was 125,000 ounces, with Island Gold contributing significantly, while Young-Davidson and Magino saw lower outputs [3][44]. - The average realized gold price was $2,802 per ounce, reflecting a 35% increase from $2,069 in Q1 2024 [7][71]. - Total cash costs were $1,193 per ounce, and all-in sustaining costs (AISC) were $1,805 per ounce, both above guidance due to higher share-based compensation and costs at Young-Davidson and Magino [3][63]. Future Outlook - The company expects production to increase to between 135,000 and 150,000 ounces in Q2 2025, with annual guidance set between 580,000 and 630,000 ounces [30][31]. - Significant production growth is anticipated from the Phase 3+ Expansion and the Lynn Lake project, with a target of reaching a run rate of 900,000 ounces per year [2][32][33]. - The global exploration budget for 2025 is set at $72 million, a 16% increase from 2024, reflecting ongoing exploration success [36]. Project Developments - The Lynn Lake project is expected to begin initial production in the first half of 2028, contributing to long-term production growth [6][33]. - The Phase 3+ Expansion is on track for completion in 2026, which will further enhance production capacity and reduce costs [2][32]. - The company has entered into an Impact Benefit Agreement with local First Nations, facilitating the development of the Lynn Lake project [6]. Mineral Reserves and Resources - Year-end 2024 Mineral Reserves increased to 14.0 million ounces, a 31% rise from 2023, driven by the acquisition of Magino and high-grade additions at Island Gold [6][36]. - Measured and Indicated Mineral Resources rose by 50% to 6.6 million ounces, while Inferred Mineral Resources decreased by 2% to 7.1 million ounces [6]. Capital Expenditures - Total capital expenditures in Q1 2025 were $72.3 million, with a focus on growth projects including the Phase 3+ Expansion and Lynn Lake [54][73]. - Sustaining capital expenditures were $26.8 million, consistent with previous periods [5][73]. Community and Environmental Initiatives - The company has committed to various community support initiatives, including donations to local hospitals and health services [18][24]. - Environmental performance included two minor reportable incidents, with a commitment to reducing the environmental footprint of operations [16][17].