Per: "Colin Padget" Colin Padget President, Chief Executive Officer, and Director Cautionary Statement Regarding Forward-Looking Information Vancouver, British Columbia--(Newsfile Corp. - August 20, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces that B2Gold Corp. ("B2Gold") has completed its obligations under the Shareholder Agreement by purchasing 1,170,000 common shares (the "Shares"), as outlined in the Company's November 5, 2024 press release. ...

Core Viewpoint - Trident Resources Corp. is set to commence its inaugural drill program at the Contact Lake Gold Project in Saskatchewan, with over CAD $11 million in cash and marketable securities to fully fund the initiative, aiming to enhance its exploration portfolio in the La Ronge Gold Belt [1][3]. Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on gold and copper projects in Saskatchewan, including the Contact Lake and Greywacke Lake projects, which have significant historical gold resources [13]. Drill Program Details - The drill program will consist of 5,000 metres across 16 holes, targeting the confirmation and extension of gold mineralization from historically defined resources [4]. - The Contact Lake mine previously operated by Cameco processed 1,006,673 tonnes of ore at a head grade of 6.16 grams per tonne (g/t) Au, recovering 188,185 ounces of gold with a life of mill recovery rate of 95% [4]. - The drilling will focus on extending gold mineralization between the underground development and unmined resources of the BK3 zone, located northeast of the former mine site [6][9]. Historical Context - The Bakos shear zone, which hosts the Contact Lake deposit, has been drill-defined at widths of 15 to 40 metres over a strike length exceeding 2 km, indicating strong discovery potential [6]. - Historical high-grade intercepts from previous drilling include significant results such as 2,616.00 g/t Au over 0.6 metres [11]. Operational Aspects - Cyr Drilling from Winnipeg has been contracted for the drilling operations, with a comprehensive QA/QC program in place to ensure data integrity [7]. - The initial phase of drilling will focus on shallow gold mineralization northeast of the Contact Lake Main Zone, followed by moderate depth targets and down-plunge extensions of gold mineralization [9].

Core Viewpoint - Lode Gold Resources Inc. has successfully completed the third and final tranche of its non-brokered private placement, raising a total of $1,513,768 to support its business plans and projects [1][3]. Financing Details - The final tranche raised $326,780 through the issuance of 1,815,446 Units at a price of $0.18 per Unit [1][2]. - Each Unit consists of one common share and one common share purchase warrant, with warrants exercisable at $0.35 for three years [2]. Use of Proceeds - The funds raised will be allocated towards executing the business plans for Lode Gold and its subsidiary, Gold Orogen [3]. Company Overview - Lode Gold is an exploration and development company with projects in Canada and the United States [4]. - In Canada, the company holds assets in the Yukon and New Brunswick, with significant drilling results and confirmed gold endowment [5][6]. - In the United States, the focus is on the Fremont Mine in California, which has substantial exploration potential and infrastructure [7][8]. Project Details - The Yukon assets cover approximately 99.5 km² with over 4,500 meters drilled, confirming economic drill intercepts [5]. - The Acadian Gold Joint Venture in New Brunswick spans 445 km² and has confirmed mineralized rhyolites [6]. - The Fremont Mine has a recent NI 43-101 report and is a brownfield project with extensive underground workings and infrastructure [8][9].

Project Overview - The Gum Creek Gold Project boasts a large-scale, high-grade gold asset in Western Australia, a tier-1 mining jurisdiction[9] - The project has a total resource of 44.5 million tonnes at 1.50 g/t Au for 2.14 million ounces of gold, with 63% classified as Indicated resources[10, 12] - A positive Scoping Study confirmed the potential for a standalone operation at a gold price of A$2,900 per ounce[10] Resource and Exploration - The Gidgee Shear Zone hosts 886,000 ounces of gold at 1.53 g/t, with 60% classified as Indicated resources, adjacent to the Gidgee mill[10, 18] - The Howards deposit contains 267,000 ounces of gold, with 80% classified as Indicated resources, located 27km SE of the Gidgee mill[10, 23] - Resource growth has been significant, increasing from 1.36 million ounces in February 2021 to 2.14 million ounces in May 2023[26] Economic Viability - The March 2024 Scoping Study indicates a pre-tax NPV8 of A$548 million and a pre-tax IRR of 45.8% at a gold price of A$3,300 per ounce[43] - The Scoping Study projects an annual gold production of 84,000 ounces and a Life of Mine (LoM) gold production of 888,000 ounces[43] - The project has a payback period of 2.1 years and a LoM EBITDA of A$904 million at a gold price of A$3,300 per ounce[43] Development and Corporate - A Feasibility Study is on track for completion in the first half of calendar year 2026, focusing on open pit mining of free-milling resources on granted mining leases[9, 48] - As of June 30, 2025, the company had a market capitalization of A$73.1 million, with A$0.5 million in cash and A$0.5 million in debt[49] - Horizon Gold Ltd's EV/Resource is A$34.3, which compares favorably to peers[55]

Core Viewpoint - Lake Victoria Gold Ltd. is advancing the construction of the Nyati processing facility in Tanzania and is in negotiations for a binding agreement to formalize a strategic partnership with Nyati Resources [1][8]. Group 1: Construction Progress - The Nyati processing facility includes a 120 tonne-per-day carbon-in-pulp (CIP) plant and a second larger unit with a capacity of over 500 tonnes per day, aiming for a total capacity exceeding 600 tonnes per day once fully commissioned [3]. - Construction is nearing completion, with commissioning expected to begin within 4-6 weeks, and final site preparations and equipment testing are currently underway [4]. - Key components of the facility, including the primary and secondary crushing circuits, mill feed bins, and leach circuit, have been installed and are undergoing final testing [7]. Group 2: Strategic Partnership - Lake Victoria Gold and Nyati Resources are in advanced negotiations for a binding agreement that will grant LVG exclusive rights to mill and process ore at the Nyati facility, supporting the development of nearby mining licenses [8]. - The proposed agreement will outline capital contributions and revenue sharing provisions, enhancing LVG's operational capabilities [8]. Group 3: Management Insights - The Managing Director of Tanzania, David Scott, highlighted the impressive scale and quality of the construction, indicating that the facility will be crucial for LVG's development strategy [2]. - The President & CEO of Lake Victoria Gold, Marc Cernovitch, emphasized that the progress at Nyati represents a key milestone in unlocking the value of Tanzanian assets through efficient development [9].

Core Insights - G2 Goldfields Inc. has announced new assay results from its ongoing drilling program in the greater OKO-AREMU district, Guyana, highlighting the discovery of significant gold mineralization [1][19] - The New Oko Discovery Area represents the third major gold discovery on the company's holdings, with exploration rights covering 83,967 acres [1] - The company is actively drilling with five rigs in the Discovery Area, aiming to advance exploration and update its mineral resource estimate and preliminary economic assessment by Q4 2025 [7][19] Drilling Program Details - A total of 69 diamond drill holes have been completed, totaling 13,239 meters, with 25 holes reported in this release covering 4,113 meters [4] - Significant high-grade gold intersections were reported, including 5.9 g/t Au over 60 meters in hole AMD30 and 2.2 g/t Au over 99.9 meters in hole AMD50 [7][19] - The drilling primarily targets gold mineralization down-plunge of previously reported near-surface intercepts, with broad zones of mineralization encountered at depths of up to 150 meters [9][12] Mineral Resource Estimates - The company anticipates an updated mineral resource estimate and preliminary economic assessment in Q4 2025, which will be the fourth resource estimate in three years [19] - The previous updated mineral resource estimate for the Oko property indicated a total of 1.5 million ounces indicated at 3.40 g/t Au and 1.6 million ounces inferred at 2.48 g/t Au [1][22] - The Oko district has a history of gold production and continues to show significant exploration potential [22]

Core Viewpoint - Aris Mining Corporation has signed a definitive asset purchase agreement with McFarlane Lake Mining Limited for the sale of the Juby Gold Project in Ontario, Canada, valued at US$22 million [1][2][4]. Company Overview - Aris Mining is focused on building a leading gold mining company in Latin America, with operations in Colombia and Guyana [5][6]. - The company operates two underground gold mines in Colombia, producing 210,955 ounces of gold in 2024, and aims to increase annual production to over 500,000 ounces [6][8]. Transaction Details - The Juby Gold Project includes Aris Mining's 100% interest in the project and a 25% joint venture interest in the adjacent Knight property [2]. - The total consideration for the transaction is US$22 million, consisting of US$10 million in cash at closing, common shares of McFarlane, and potential additional payments within 12 months if necessary [7][4]. - The completion of the transaction is contingent upon McFarlane raising at least US$10 million in gross proceeds and meeting other customary closing conditions [4]. Strategic Focus - The sale of the Juby Gold Project aligns with Aris Mining's strategy to concentrate on core operations in Latin America, while McFarlane aims to enhance its portfolio and shareholder value through this acquisition [3][10].

Core Viewpoint - Liberty Gold Corp. has undergone significant leadership changes and is focusing on transitioning from an exploration company to a developer of U.S. oxide gold assets [2][3]. Leadership Changes - Cal Everett has retired as CEO and director, transitioning to the role of Strategic Financial Advisor [2]. - Jon Gilligan, previously President and COO, has been appointed as the new CEO and joined the Board of Directors [2]. - Greg Etter has been appointed as the new Chair of Liberty Gold [2]. Shareholder Meeting Results - A total of 209,447,904 common shares were voted, representing 46.1% of all outstanding shares [2]. - All director nominees were elected with the following vote percentages: - Greg Etter: 98.16% [2] - Jon Gilligan: 99.45% [2] - Wendy Louie: 98.15% [2] - Robert Pease: 71.58% [2] - Lisa Wade: 98.17% [2] - Barbara Womersley: 98.11% [2] - PricewaterhouseCoopers LLP was reappointed as the auditor of the Company [2]. Company Focus - Liberty Gold is focused on exploring and developing open-pit oxide deposits in the Great Basin of the United States, a region known for its prolific gold production [3]. - The Company is advancing the Black Pine Project in southeastern Idaho, which has strong economic potential and is a past-producing gold system [3].

Core Insights - Probe Gold Inc. has reported strong results from its infill drill program at the Monique deposit, confirming the continuity and expansion of gold zones, which will support the upcoming pre-feasibility study [2][3][5] - The company is focused on consolidating the project into fewer, larger open pits to enhance overall value and reduce risks, backed by a treasury of over $50 million [3][12] - The infill drilling program has completed 50,000 metres, yielding several high-grade gold intercepts, with significant grades reported [5][6] Company Overview - Probe Gold Inc. is dedicated to the acquisition, exploration, and development of gold properties, owning 100% of the Novador Gold Project in Quebec, which is a multimillion-ounce asset [13] - The Novador project encompasses a land package of 835 square kilometres in the Val d'Or East area, containing 80% of the company's gold resources [12][13] - The company has a robust mining plan with an average annual gold production of 255,000 ounces over a 12.6-year mine life [13][14] Drilling Results - The infill drilling at Monique has returned several high-grade intercepts, including 5.4 g/t Au over 16.4 metres (cut) and 10.7 g/t Au uncut, with notable inclusions of 30.5 g/t Au over 5.6 metres [5][6] - Other significant results include 12.8 g/t Au over 19.5 metres (cut) and 13.9 g/t Au uncut, indicating strong mineralization across various zones [5][6] - The mineralization is associated with deformation zones and extends laterally up to 2,500 metres, remaining open for further expansion [9]