Core Viewpoint - Lake Victoria Gold Ltd. has announced positive metallurgical test results from the Imwelo Gold Project, indicating high gold recoveries and supporting the project's advancement towards near-term production in Tanzania's Lake Victoria Goldfield [2][19]. Metallurgical Test Results - The testwork confirms that mineralization at Imwelo is largely free-milling, with gold recoveries of approximately 96-97% using conventional gravity concentration and cyanide leaching [2][11]. - The results indicate that about 84% of gold is directly cyanide-leachable, confirming the deposit's non-refractory nature [15][12]. - A strong gravity recoverable gold component of approximately 42-47% was confirmed across multiple test programs [11][12]. Project Development Implications - The metallurgical results significantly de-risk the development pathway for the Imwelo Project, supporting robust project economics and relatively low processing risk [5][8]. - The results align closely with earlier metallurgical programs conducted in 2013, 2014, and 2017, providing a strong technical foundation for final plant design [7][19]. - The project is positioned as a low-risk, near-term gold production opportunity in one of Africa's most prolific gold districts [9][19]. Processing Characteristics - The results support a conventional gravity and carbon-in-leach (CIL) processing flowsheet, which is widely used in the region and expected to provide robust gold recoveries [17][12]. - The Bond Work Index testing returned a value of approximately 22.9 kWh/t, indicating moderate grinding energy requirements typical for deposits in the Lake Victoria Goldfield [18]. Management Commentary - The President & CEO of Lake Victoria Gold emphasized that these metallurgical results represent a significant milestone in advancing Imwelo toward production, confirming the strong gravity recoverable gold component and excellent cyanide recoveries [6][19].

Core Insights - Asante Gold Corporation has successfully ramped up operations at the new sulphide treatment plant at the Bibiani Gold Mine in Ghana, achieving continuous 24-hour operation since September 29, 2025 [1][7] - The gold recovery rate at the sulphide treatment plant has improved significantly from 60% to over 90%, with an overall gold recovery of 82%, and the company aims to reach approximately 92% recovery soon [3][8] Operational Updates - The oxygen plant became operational on December 3, 2025, which has contributed to the optimization of the gold recovery process [3] - The sulphide treatment plant has a nameplate capacity of approximately 4.0 million tonnes per year (Mt/y), with plans to increase processing capacity from 3.2 million tonnes per year [3][8] - Near-term objectives include achieving the targeted ~92% gold recovery and increasing throughput to the design capacity of 4.0 million tonnes per year by Q2 2026 [8] Company Overview - Asante Gold Corporation operates the Bibiani and Chirano Gold Mines and is engaged in exploration at the Kubi Gold Project, with all projects located in Ghana's prolific gold belts [5] - The company is also exploring additional projects such as Keyhole, Fahiakoba, and Betenase for new gold discoveries [5]

Core Viewpoint - U.S. GoldMining Inc. has announced promising results from its metallurgical test work program for the Whistler Gold-Copper Project, indicating that gold recoveries exceeding 85% are achievable, significantly improving upon previous results of approximately 70% [2][5][9]. Metallurgical Test Work Results - The 2025 metallurgical test program aimed to optimize metal recovery from drill core samples, resulting in an overall gold recovery of 85.3%, an increase of 22% from earlier tests [2][5]. - The combination of conventional flotation and sequential leach processes has been crucial in enhancing gold recovery [2][5]. - The program achieved recoveries of 79.1% copper and 55.3% silver alongside gold recovery [5][9]. Process Details - The test work involved a primary grind size of 120 µm and a secondary grind size of 16 µm, classified as 'Hard' to 'Very Hard' [4]. - A total of 28 flotation tests and four leach tests were conducted, providing essential inputs for the ongoing Preliminary Economic Assessment (PEA) [5][6]. Recovery Metrics - The locked cycle tests produced a copper concentrate with a grade of 23.7% Cu, with initial recoveries of 54.1% Au, 79.1% Cu, and 55.3% Ag [5][7]. - Additional leaching of the rougher flotation circuit tails resulted in a further recovery of 31.2% Au, contributing to the overall gold recovery of 85.3% [9][12]. Project Overview - The Whistler Gold-Copper Project is located 105 miles northwest of Anchorage, Alaska, covering approximately 53,700 acres [13]. - The mineral resource estimate for the project includes 294 million tonnes at 0.68 g/t AuEq for 6.48 million ounces AuEq indicated, and 198 million tonnes at 0.65 g/t AuEq for 4.16 million ounces AuEq inferred [13].