Peak assays of 465 g/t Ag & 20.2 g/t Au infill high-grade target area ADELAIDE, AU / ACCESS Newswire / December 8, 2025 / HIGHLIGHTS New Tolmer diamond drilling assays confirm local structural model analogous to eastern portion of historical Tarcoola goldfield, which hosts the Company's Perseverance Mine 'Western silver zone' target recently enhanced by western and southern extensions of silver, the emergence of high-grade gold, and soil assays suggesting further extensions[1] Significant new intersections ...

Core Points - Xali Gold Corp. has granted incentive stock options for 2,200,000 common shares at an exercise price of $0.05 per share, with a term expiring on October 30, 2030 [1] - The acquisition of the Pico Machay Gold Project in Peru is deemed fundamental for Xali Gold and is pending approval from the TSX Venture Exchange [2] - Pico Machay has a history of exploration since 1997, with previous engineering studies indicating potential for a low-cost open-pit heap-leach operation [3] - Xali Gold is focused on advancing gold and silver exploration opportunities in the Americas, with a near-term production goal for the Pico Machay project [4] - The company also holds exploration potential and two royalty agreements related to the El Oro gold-silver Project in Mexico [5] Company Overview - Xali Gold is a gold and silver exploration company with a focus on projects in the Americas [4] - The company is committed to being a responsible community partner [5] - Joanne C. Freeze serves as the Qualified Person for the discussed projects, ensuring compliance with National Instrument 43-101 [6]

Core Insights - T2 Metals Corp has received all regulatory approvals and completed the acquisition of a 100% interest in the Shanghai gold-silver project located in the Yukon, covering an area of 27.4 square kilometers [1][11] - The project is strategically located near significant mining operations, including Hecla Mining's Keno Hill silver mine and Banyan Gold's AurMac camp, enhancing its potential for exploration and resource development [3][11] Financial Summary - A total of 300,000 shares were issued as part of the acquisition, along with cash payments amounting to $50,000, with shares subject to a four-month hold period from October 10, 2025 [2] Project Overview - The Shanghai project is situated in the Mayo Mining District, within the Tombstone Gold Belt, and is in proximity to multiple resource-stage gold projects, indicating a favorable geological environment for gold and silver mining [3][4] - Recent exploration activities in the Tombstone Gold Belt by other companies have underscored the potential for significant new gold discoveries, which could enhance the value of the Shanghai project [4] Management Insights - Mark Saxon, CEO of T2 Metals, expressed enthusiasm about securing the Shanghai project, highlighting the region's recent discoveries and the strengthening mining market [5] - Shawn Ryan, a notable figure in Yukon exploration, has joined the advisory board, bringing valuable experience from his previous discoveries in the area [5] Regulatory and Operational Details - The Shanghai project has a Class 3 permit that allows for drilling, road construction, and camp installation, facilitating immediate exploration activities [6] - The project is located within the traditional territory of the Na-cho Nyak Dun First Nation, which has settled its land claim and is self-governing [6]

Core Insights - Arizona Gold & Silver Inc. announced positive assay results from the ongoing core drilling program at the Philadelphia Project in Arizona, with hole PC25-156 returning 9.04 grams per tonne (gpt) gold and 34 gpt silver over 20.43 meters [1][4] - The results confirm the untapped potential of the Perry Vein system, indicating that mineralization increases in size and grade with depth [3][4] - The company plans to expand its exploration program for 2026, including an amendment to increase the exploration area by 200 acres and prepare 16 new drill pads [4][14] Drilling Results - Hole PC25-156 intersected high-grade mineralization, with notable intervals including 5.61 gpt Au and 29.2 gpt Ag over 38.72 meters, and 45.60 gpt Au and 54.9 gpt Ag over 1.19 meters [4][5] - The mineralization is hosted in brecciated, banded, and massive vein quartz, with visible gold observed in the core [3][4][6] - The deposit is open in all directions, suggesting further exploration potential [4] Future Plans - The company has arranged for a core rig to arrive in October to drill three additional holes, with results expected to inform the 2026 drill program [14] - The proposed drill sites will allow for drilling down dip and along strike on the Perry Vein, potentially extending exploration by at least another 500 meters [14] - Continued exploration drilling is planned, with three additional holes to test further expansion of the vein [4]

Core Insights - Element79 Gold Corp has engaged Rangefront Mining Services to prepare a National Instrument 43-101 Technical Report for its Gold Mountain Project in Nevada [1][10] - The site visit conducted by Rangefront's Principal Geologist, Mr. Steven L. McMillin, included inspections of historic adits, surface sampling zones, and geological structures [2] - The Gold Mountain Project consists of 34 unpatented lode claims covering approximately 702 acres, located 13 kilometers southwest of Battle Mountain, Nevada [9][13] Engagement and Site Visit - Rangefront Mining Services will validate data integrity and support the development of the NI 43-101 Property of Merit report [2] - The site visit included comprehensive fieldwork to assess the geological potential of the Gold Mountain property [2][3] - Photos from the site visit highlight key geological features that demonstrate the property's potential [3] Project Details - The Gold Mountain Project was acquired by Element79 Gold Corp on August 1, 2025, and is situated in an area known for high-grade gold-silver mineralization [9][13] - The company aims to compile and digitize historical exploration data alongside 2023 surface sampling results as part of ongoing technical work [9] - The completed NI 43-101 Technical Report is expected to be filed during Q3 2025 [10] Company Overview - Element79 Gold Corp focuses on gold and silver exploration, with assets in Nevada and Peru [13] - The company is advancing its Elephant project in the Battle Mountain trend and has acquired the drill-ready Gold Mountain project [13] - Element79 Gold is listed on the Canadian Securities Exchange, Frankfurt Stock Exchange, and OTC QB market [13]

Core Viewpoint - Element79 Gold Corp. has executed a definitive Asset Purchase Agreement to acquire a 100% interest in the Gold Mountain Project located in Lander County, Nevada, marking a strategic advancement in its operations in a prolific gold region [1][5]. Acquisition Details - The Gold Mountain Project consists of 34 unpatented mining claims in Nevada's Battle Mountain trend [2]. - Element79 Gold will acquire the Gold Mountain assets by issuing 100,000,000 common shares at a deemed price of C$0.02 per share and making a cash payment of US$137,485.85 after the next equity financing [2]. - The Vendor will retain a 3% Net Smelter Return (NSR) royalty on all future mineral production from the project [3]. Strategic Importance - The acquisition is seen as a significant step for the company, providing a drill-ready opportunity with strong geological fundamentals [5]. - The technical team is preparing an exploration program for later this year to unlock the asset's value [5]. Company Overview - Element79 Gold Corp. focuses on gold and silver exploration, with assets in Nevada and Peru [5]. - The company is advancing its Elephant project in the Battle Mountain trend and holds an option to purchase the high-grade Lucero mine in southern Peru [5]. - Element79 Gold is listed on the Canadian Securities Exchange, Frankfurt Stock Exchange, and OTC Markets [5].