Valkea Resources Commences Fall Exploration Program at the Paana Project and Appoints Exploration Manager in FinlandAugust 26, 2025 7:30 AM EDT | Source: Valkea ResourcesVancouver, British Columbia--(Newsfile Corp. - August 26, 2025) - Valkea Resources Corp. (TSXV: OZ) (the "Company" or "Valkea") is pleased to announce that it has commenced its multidisciplinary exploration program across its 100% owned Paana Project, northern Finland. Diamond drilling at Paana will first focus on disseminated ...

Northern Star _ Business first August 2025 For personal use only Disclaimers Disclaimer and Forward-Looking Statements Northern Star Resources Ltd has prepared this announcement based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this announcement. To the maximum extent permitted by law, none of Northern Star Resources Limited, its directors, employ ...

Core Insights - Mines d'Or Orbec Inc. has initiated its 2025 surface exploration program on a second high-priority target within the Muus Property, separate from the earlier Lac Bernard South drill campaign [1][3] - The company is awaiting assay results from the Lac Bernard drilling while advancing work on the new target to unlock the broader potential of the Muus Property [1][3] Exploration Program Details - The 2025 surface exploration program will include systematic mapping, sampling, and LiDAR work through Q3 2025 [8] - Activities will focus on channel sampling over mineralized zones, ground truthing of geophysical anomalies, and prospecting for additional drill targets [9] Strategic Location and Geology - The Muus Property is strategically located along the Guercheville Deformation Zone in Quebec's Abitibi Greenstone Belt, covering 25,250 hectares with favorable geology and historical indicators of mineralization [7][12] - The property is in proximity to IAMGOLD's Nelligan Deposit, which has indicated mineral resources of 3.1 million ounces of gold and inferred resources of 5.1 million ounces [10] CEO Commentary - CEO John Tait emphasized that the 2025 surface work aims to build on the momentum from the spring drill campaign, which successfully intersected zones of alteration and mineralization [6] Next Steps - The company plans to complete surface mapping and sampling, with assay results from the summer 2025 drilling campaign at Lac Bernard South expected by the end of Q3 2025 [10][15]

Core Viewpoint - GFG Resources Inc. has reported promising final assay results from its Phase 1 2025 drill program at the Aljo Gold Project, indicating significant high-grade gold mineralization and the discovery of a new gold zone, which supports the potential for a large-scale gold system in the Timmins Gold District of Ontario, Canada [1][2][4]. Drilling Results - The drilling program successfully extended high-grade gold mineralization in the Hangingwall and Main Zones, confirmed broad mineralized envelopes in the Aljo West Zone, and discovered a new Footwall gold zone characterized by strong alteration and visible gold [2][4]. - Notable high-grade gold intercepts include: - 6.62 grams of gold per tonne over 11.2 meters, including 7.24 g/t over 10.2 meters in hole ALJ-24-020 [7]. - 4.13 g/t over 5.2 meters, including 8.98 g/t over 2.2 meters in hole ALJ-24-018 [7]. - 1.74 g/t over 13.2 meters, including 24.2 g/t over 0.5 meters in hole ALJ-24-017 [7]. - The Aljo system's strike length now exceeds 600 meters, with continuity confirmed from surface to over 300 meters vertical depth across multiple zones [7]. Future Exploration Plans - A follow-up 3,000-meter drill program is scheduled to begin shortly, focusing on expanding the current findings and exploring new targets, particularly along the Pipestone Fault [3][8]. - The company plans to implement significant regional geochemical and geophysical programs to develop and expand the target pipeline, with drilling expected in the fourth quarter [3][8]. Company Insights - GFG Resources Inc. operates in the Timmins Gold District, a region known for its rich gold deposits, and is focused on district-scale gold projects [18]. - The company emphasizes the potential of the Pipestone Fault to host high-grade, multi-million-ounce gold deposits, similar to other world-class systems in the area [5][6].

Core Viewpoint - Globex Mining Enterprises Inc. has successfully staked 40 lode claims in the historic Gold Basin mining district, covering a total surface area of 334.45 hectares, indicating potential for gold exploration and production in the area [1][2]. Group 1: Acquisition Details - The newly acquired property, named the Salt Spring Project, includes 24 lode claims in the West Claim Block and 16 lode claims in the East Claim Block [1]. - The project is strategically located in northwestern Arizona, approximately 85 km southeast of Las Vegas, Nevada, and 15 km south of Lake Mead [2]. Group 2: Historical Context - Gold was first discovered in the Gold Basin district in the early 1870s, with significant production occurring before 1932 from several mines, including El Dorado and Excelsior [3]. - The Gold Hill Mine, located in the East Block, was the largest operation in the northern Gold Basin region, with intermittent production from 1930 to 1942, and historical records indicate extraction of approximately 359.57 tons of gold ore averaging 21.7 g/t Au [3]. Group 3: Recent Exploration Results - Globex conducted preliminary fieldwork, collecting 131 rock samples and 32 soil samples, revealing high-grade assay results from the West Claim Block, including samples with gold grades of 25.6 g/t Au and 17.8 g/t Au [5][8]. - Notable samples include a linear chip sample from the Central vein system that assayed 49.27 g/t Au, marking the highest grade from the Salt Spring project [8]. - Additional significant findings include samples from the North Mine returning gold grades of 20.8 g/t Au and 26 g/t Au [9]. Group 4: Analytical Methods - Rock samples were analyzed at American Assay Laboratories in Sparks, Nevada, using ISO 17025 certified methods, including ICP-OES analysis and fire assay for gold [14].

Core Insights - Montage Gold Corp. is advancing its Koné exploration program in Côte d'Ivoire, aiming to discover over 1 million ounces of Measured and Indicated (M&I) resources at a grade 50% higher than the existing Koné deposit, with production expected to commence in Q2-2027 [2][11][34] Exploration Progress - A total of 83,280 meters have been drilled in H1-2025, surpassing the total of 81,815 meters drilled in 2024, leading to an increase in the exploration program from 90,000 meters to 120,000 meters with a budget increase of US$4 million to US$18 million [3][12] - The exploration efforts have confirmed mineralization at all 23 targets tested since the beginning of the year, up from 18 targets in 2024, out of a total of 52 identified targets [4][11][23] Resource Estimates - Indicated Resources for higher-grade satellite deposits have increased by 404,000 ounces to 924,000 ounces at a grade of 1.32 g/t Au, with an additional 140,000 ounces at 1.09 g/t Au classified as Inferred Resources [7][34] - The updated Mineral Resource Estimate for the Gbongogo South deposit shows an increase in Indicated Resources by 74,000 ounces to 140,000 ounces at 1.26 g/t Au, while Koban North has a maiden Indicated Resource of 133,000 ounces at 1.07 g/t Au [8][64] Strategic Focus - The company is focusing on three parallel tracks: infill and extension drilling of previously delineated deposits, advancing pre-resource targets toward maiden resource definition, and testing new targets [14][23] - The ongoing drilling program aims to rapidly advance deposits to reserve status ahead of production, particularly at the Gbongogo South and Koban North deposits due to their proximity to the planned haulage road [12][25] Future Expectations - Further resource updates are anticipated for the ANV deposit in late Q3-2025, with additional updates planned for year-end for other targets such as Yere North, Lokolo Main, Sena, and Diouma North [8][67] - The company is well-positioned to achieve its short-term objective of discovering over 1 million ounces of M&I resources at above 1 g/t Au, representing a 50% higher grade than the Koné deposit [9][34]

Core Viewpoint - Eminent Gold Corp. has initiated a high-resolution gravity geophysical survey at the Otis target within its Hot Springs Range Project in Nevada, aiming to enhance exploration efforts and increase the probability of intersecting higher-grade gold zones [1][2][4]. Group 1: Project Details - The Hot Springs Range Project is strategically located adjacent to the 50-million-ounce Au Getchell Trend, making it a significant area for gold exploration [1]. - The gravity survey is designed to identify structural features such as faults and fluid conduits that may control mineralization, thereby refining the targeting model [2]. - The survey will also focus on the Eden target within the 15 km-long Hot Springs Range trend, with drilling expected to resume after data interpretation [2][3]. Group 2: Company Insights - Eminent Gold believes it is in the early stages of uncovering a significant gold system at the HSRP property, supported by collaboration with Kinross Gold Corporation, a 9.9% shareholder [4]. - The company is well-positioned with three major gold opportunities in Nevada, all of which are expected to come online with drill permits this year [4]. - The gravity survey is anticipated to be completed in the coming weeks, with drilling set to resume in August [3].

Core Insights - Pelangio Exploration Inc. is conducting a high-resolution UAV aeromagnetic survey covering 900 line-kilometers with 50-meter spacing, aimed at enhancing geological interpretation and target ranking for drill testing [1][2] - The survey is approximately 45% completed and is expected to significantly assist in the exploration of the Nkosuo Mining Lease and the broader Manfo project area [1][2] - The company is nearing the completion of an updated Mineral Resource Estimate for the Manfo project, with plans to release it within the current quarter [2] Company Overview - Pelangio Exploration focuses on acquiring and exploring land packages in gold-rich regions, specifically in Ghana and Canada [6] - The company holds two 100% owned properties in Ghana: the 106 km² Manfo property, which has eight near-surface gold discoveries, and the 280 km² Obuasi property, adjacent to AngloGold Ashanti's high-grade Obuasi Mine [6]

Core Viewpoint - Stellar Africagold Inc. has made significant progress at its Tichka Est Gold Project in Morocco, with recent field activities confirming priority drill targets and a summer drilling campaign set to commence [1][4]. Group 1: Drill Program Details - The company is initiating a 10-hole, 1,500-metre diamond drill program at Structure B, targeting four primary areas [2]. - Structure B is characterized by three mineralized horizons and at least two shear zones, with high-grade gold intersected in dioritic sills and intrusive dykes [2][6]. - The drilling program is expected to focus on NE-trending brittle structures and gently NE-dipping shear corridors, with the first drill campaign scheduled for July 2025 [6][8]. Group 2: Structural Interpretation - A detailed structural interpretation at Structure B has clarified the controls of gold mineralization, indicating that steeply W-dipping fractures and NE shears are significant [3]. - The analysis suggests that carbonate-sill contacts and dykes may host additional gold mineralization along the hinge of the anticline [3]. Group 3: Recent Sampling Results - Recent chip sampling yielded significant gold grades, including a notable 102 g/t Au from the Diorite Sill and other high-grade samples from Structures A and B [14]. - The ongoing mapping and sampling campaign has revealed new high-grade vein systems, reinforcing the exploration potential of the Tichka Est property [13][14]. Group 4: Infrastructure Development - Construction of new access roads and drill platforms is ongoing, with several platforms now complete despite challenging conditions [7]. - The company has selected a drilling contractor and signed a definitive drilling contract, with mobilization activities currently in process [8].

Core Viewpoint - Rua Gold Inc. has successfully closed a brokered public offering and private placement, raising C$13.8 million to fund exploration projects in New Zealand and general corporate purposes [2][3][4]. Financing Details - The offering consisted of 19,714,450 common shares priced at C$0.70 each, including the full exercise of the over-allotment option, resulting in aggregate gross proceeds of C$13,800,115 [2][6]. - The company paid approximately C$446,651 in cash fees to agents and issued 638,073 broker warrants, each exercisable at C$0.70 for 24 months [5][6]. Use of Proceeds - Net proceeds from the offering will be allocated to continuing exploration programs on New Zealand properties and for general working capital [3][4]. Strategic Plans - The CEO stated that the company is now fully funded to execute exploration plans over the next 12 to 18 months, focusing on the Reefton and Glamorgan projects [4][6]. - An aggressive drill campaign is planned for the Reefton Project, with drilling at the Glamorgan Project set to commence in Q4 2025 [4][6]. Insider Participation - Insiders subscribed for a total of 1,529,800 common shares, which is considered a related party transaction under applicable regulations [9]. Additional Grants - The company granted 2,250,000 stock options to directors and consultants, with an exercise price of C$0.66 and a three-year vesting period [11]. - An aggregate of 200,000 deferred share units (DSUs) was also granted to certain directors, subject to a similar vesting schedule [12]. Company Overview - Rua Gold is focused on high-grade gold exploration in New Zealand, controlling significant land in the Reefton Gold District and the Glamorgan Project, which is adjacent to a major mining operation [14][15][16].