Galantas Commences Its First Drill Program at Indiana Gold, Chile ELEMENT-- Back to the Newsroom Galantas Commences Its First Drill Program at Indiana Gold, Chile TORONTO, ON / ACCESS Newswire/ March 18, 2026 / Galantas Gold Corporation (TSXV:GAL)(AIM:GAL) (OTCQB:GALKF) ("Galantas" or the "Company") is pleased to announce the start of a 5,000-metre diamond drilling program at its Indiana gold project, near Copiapó in northern Chile ("Indiana"). The drill program will tighten up the drill spacing and provide ...

Core Message - Lion One Metals Limited is focused on transitioning its Tuvatu Gold Mine into a sustainable, high-quality business, emphasizing long-term value creation and operational improvements [2][3]. Operational Performance - In February, Lion One produced 813 ounces of gold, with a year-to-date total of 9,180 ounces. The processing plant milled 10,267 tonnes of ore at an average grade of 3.49 grams per tonne, with a gold recovery rate of 77.3% [6][7]. - Underground development faced challenges, with only 120 metres developed against a target of 188 metres due to equipment availability and compressed air constraints [8]. - The geology team drilled 2,369 metres in February, achieving significant results, including an intercept of 5.15 metres at 9.18 grams per tonne, which enhances confidence in the resource base and mine life [9]. Major Projects - The flotation plant commissioning is nearing completion, A$400,000 under budget, which is expected to improve gold recovery and reduce tailings loss [10]. - The construction of the Tailings Storage Facility Stage 2A was completed in December 2025, with Stage 2B engineering approved in February [10]. Financial and Operational Discipline - The company is actively managing working capital, with expectations of stronger near-term cash generation due to improved recovery profiles and higher grades [12]. - Capital allocation is disciplined, focusing on mine development, reliability, and growth drilling [12]. Key Areas of Focus for Q2 2026 - Advance mine development and access to meet full development meterage targets [13]. - Optimize plant performance and recoveries through flotation circuit optimization [14]. - Strengthen infrastructure and reliability, including completing a high-voltage power study [15]. - Enhance water and tailings management with a long-term water treatment solution [16]. - Maintain safety, compliance, and community trust with a zero-harm safety culture [19]. Closing Thoughts - February demonstrated the team's capabilities in safe execution and disciplined cost management, while acknowledging the challenges faced [20]. - The upcoming months are critical for improving capital development rates and stabilizing equipment performance [21].

Core Viewpoint - U.S. GoldMining Inc. has appointed Imola Götz as Vice President of Project Development, aiming to advance the Whistler Gold-Copper Project following a positive preliminary economic assessment (PEA) that indicates significant economic potential [1] Company Appointment - Imola Götz brings over 30 years of international mining experience, having held leadership roles at major companies such as Goldcorp and Newmont [1] - Götz will lead engineering, procurement, construction management, and project controls for the Whistler Project [1] Economic Assessment Highlights - The PEA for the Whistler Project estimates an after-tax net present value (NPV5%) of $2.04 billion and an internal rate of return (IRR) of 33.0% with an initial payback period of 2.1 years [1] - The assessment is based on base case prices of $3,200 per ounce of gold, $4.50 per pound of copper, and $37.50 per ounce of silver [1] Project Development Plans - The company is moving towards a possible pre-feasibility study (PFS) to further evaluate the Whistler Project [1] - Götz expressed enthusiasm about the opportunity to develop a new gold-copper project with significant scale [1] Company Background - U.S. GoldMining Inc. focuses on the Whistler Gold-Copper Project, located 105 miles northwest of Anchorage, Alaska, covering approximately 53,700 acres [1]

Financial Data and Key Metrics Changes - In 2025, Endeavour Silver produced 11 million ounces of silver equivalent metal, a 48% increase compared to 2024 [5] - The company reported record revenue of $468 million, up 115% from 2024, with cost of sales at $385 million and mine operating earnings of $83 million [7] - Cash costs increased to $19 per ounce of payable silver, primarily due to changes in the production profile [7] Business Line Data and Key Metrics Changes - In Q4 2025, Endeavour produced 2 million ounces of silver and 14,000 ounces of gold, totaling just shy of 4 million silver equivalent ounces, representing a 146% increase compared to Q4 2024 [6] - Excluding Coba and Terronera, production increased by 27% compared to the same period last year [6] Market Data and Key Metrics Changes - Silver and gold prices have seen exceptional gains, with gold trading above $5,000 and silver above $90, reflecting ongoing confidence in precious metals [4] - The company is well-positioned to benefit from current silver prices, indicating substantial runway remaining in this cycle [4] Company Strategy and Development Direction - Endeavour Silver's strategic initiatives include the acquisition of Kolpa, achieving commercial production at Terronera, and advancing the Pitarrilla development asset [4][5] - The company plans to invest $68 million in Pitarrilla in 2026, focusing on exploration and technical studies [12] Management's Comments on Operating Environment and Future Outlook - Management highlighted the impact of security events in Mexico on operations, emphasizing the safety of employees as a top priority [3] - The company anticipates a substantial reduction in direct operating costs as it transitions to liquefied natural gas in Q2 2026 [8] Other Important Information - As of December 31, 2025, the company's cash position was $215 million, providing financial strength to advance strategic initiatives [10] - The company expects to achieve improved cost efficiency at Kolpa as its plant expands to 2,500 tons per day [11] Q&A Session Summary Question: Can you discuss the mill availability and electrical interruptions at Terronera? - Management confirmed improvements in January and February, with stabilization in throughput and recovery rates [16][17] Question: What is the guidance on grades at Terronera for 2026? - Management indicated a gradual increase in grades throughout the year, with higher grades expected in the second half [24] Question: How will costs at Terronera drop in 2026? - Management expects costs to decrease as one-time expenditures are reduced and operational efficiencies are realized [56][60] Question: What changes in security protocols have been implemented at Terronera? - Management stated that while there will be increased presence around transportation lines, no dramatic changes in security costs are anticipated [65] Question: What is the status of the Bolanitos sale and its accounting impact? - The sale closed on January 15, and an accounting gain is anticipated in Q1 [70] Question: What are the permitting timelines for Pitarrilla? - Management aims for a Q1 2027 permit for the tailings storage facility, with ongoing work on engineering and permitting [84][87]

Core Viewpoint - Star Gold Corp has successfully closed a non-brokered private placement offering, raising gross proceeds of $3.68 million through the sale of 91.95 million units at a price of $0.04 per unit, which will be used to fund mine development and exploration activities at its Longstreet gold-silver project in Nevada [1]. Group 1: Financial Details - The private placement consists of units, each comprising one common share and one non-transferable common share purchase warrant, allowing the purchase of additional shares at an exercise price of $0.08 for 12 months [1]. - Insider participation in the placement totaled $578,231, representing 15.7% of the total offering, with contributions from key executives and board members [1]. Group 2: Project Development - The net proceeds from the offering will be allocated to advancing technical work towards an Environmental Impact Statement and permitting for the Longstreet Main mine, as well as initiating additional drilling activities [1]. - The Longstreet project has over 213,000 gold-equivalent ounces of resources, as per the latest SK-1300 technical report completed in December 2025 [1]. Group 3: Strategic Insights - The CEO of Star Gold emphasized that the financing will accelerate studies and permitting for the Longstreet project, which is located in a premier mining jurisdiction [1]. - Notable investors, including Myrmikan Gold Fund and Bob Moriarty, have expressed confidence in the company's growth potential, citing favorable macroeconomic conditions for gold and silver prices [1].

Core Viewpoint - i-80 Gold achieved its 2025 production guidance with consolidated gold output just under 32,000 ounces and announced significant operational and financial advancements, including a $500 million financing package to support its development plan [11][15][18]. Financial Performance - Gold sales increased to approximately 28,200 ounces in 2025, up from 21,500 ounces in the previous year, contributing to total revenue of about $95 million compared to $50 million in 2024 [12][18]. - The company reported a gross profit of $11.5 million for the year, a significant improvement from a gross loss of $15.7 million in 2024 [18]. - i-80 Gold closed the quarter with a cash balance of approximately $63 million, aligning with expectations under the recapitalization plan [13][18]. Operational Developments - The company began construction of its second underground mine, Archimedes, and completed an engineering study for the refurbishment of the Lone Tree process plant, which is central to its processing strategy [11][15]. - Operational improvements at Granite Creek included increased mineralized material mined and meeting safety performance targets, with a total of 41,000 tons of high-grade mineralized material mined in the fourth quarter [12][16]. Exploration and Future Plans - Significant exploration activities are planned for 2026, including a $10 million exploration drill program to test high-potential targets and further delineate resources at Granite Creek [16][18]. - The company is targeting an overall recapitalization amount of $900 million to $1 billion to complete its development plan by the end of the first quarter [13][19]. Project Milestones - The feasibility study for Granite Creek Underground is expected to be completed in the second quarter of 2026, with results from the 2025 drill program to be combined with previous data for an updated mineral resource estimate [16][18]. - A substantial $25 to $30 million drilling program is planned for Archimedes in 2026, with over 175 holes and 60,000 meters of drilling to support a feasibility study [16][18].

Financial Data and Key Metrics Changes - In 2025, the company achieved consolidated gold output of just under 32,000 ounces, meeting production guidance despite inventory buildup at the end of the quarter [2][3] - Gold sales for the year increased to approximately 28,200 ounces, compared to 21,500 ounces in the prior year, with total revenue from gold sales rising to approximately $95 million from $50 million [21][22] - The company reported a net loss of just under $200 million or $0.10 per share, while adjusted loss was $123 million, compared to $111 million in the prior year [22][23] Business Line Data and Key Metrics Changes - At Granite Creek, mining activities ramped up, resulting in the mining of just over 41,000 tons of high-grade mineralized material in Q4, including approximately 15,000 tons of high-grade oxide material at a grade of 11.19 grams per ton gold [5][6] - The company mined approximately 142,000 tons of high-grade mineralized material for the year, with total gold production of 3,600 ounces for Q4 and 23,000 ounces for the full year [7][6] - The construction of Archimedes, the company's second underground mine, commenced, with underground development advancing ahead of expectations [11][12] Market Data and Key Metrics Changes - The company secured a financing package of up to $500 million, which includes a $250 million royalty commitment from Franco-Nevada and a gold prepayment facility with National Bank of Canada and Macquarie [25][26] - The recapitalization plan is expected to fully fund phase one and phase two of the development plan, increasing annual production to approximately 300,000-400,000 ounces of gold from less than 50,000 ounces currently [28][29] Company Strategy and Development Direction - The company aims to create a mid-tier gold producer by advancing its development plan and recapitalizing its balance sheet [2][3] - The refurbishment of the Lone Tree process plant is central to the company's hub and spoke strategy, designed to process material from its three underground mines [16][17] - The company plans to publish feasibility studies for its three high-grade underground projects and advance the refurbishment of the Lone Tree autoclave over the next 12-18 months [30] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the operational improvements at Granite Creek and the potential for expansion at the Granite Creek Underground [9][10] - The company is focused on accelerating the development of the Mineral Point project, which is seen as the most valuable asset within the portfolio [41] - Management anticipates that the recapitalization will provide the necessary financial flexibility to advance drilling and technical work, ultimately leading to earlier development timelines [41] Other Important Information - The company achieved an improved safety performance target, finishing the year with a total recordable incident rate (TRIR) of 0.62, including an incident-free fourth quarter [4] - The company plans a $10 million exploration drill program in 2026 to test high-potential targets and further delineate resources [10] Q&A Session Summary Question: Can you elaborate on the $400 million+ CapEx for the Lone Tree autoclave project? - The autoclave vessel needs to be rebricked, and the CIL circuit tanks need replacement, along with upgrades to the filtration system and instrumentation, leading to the high cost [34] Question: Did you seek alternative proposals for the engineering work? - The project has been worked on for approximately four years, and Hatch, which built the facility in the 1990s, was chosen for its expertise [36][37] Question: Will accelerating pre-development work at Mineral Point allow for earlier value realization? - Yes, the financial flexibility gained from the recapitalization allows for advancing drilling and technical work, targeting earlier development than originally planned [41]

Core Viewpoint - Lahontan Gold Corp. has announced positive analytical results from its 2025 drilling program at the West Santa Fe project, confirming the presence of precious metal mineralization and indicating potential for further exploration and development [1][4]. Drilling Results - The recent assay results include two reverse-circulation drill holes, WSF25-02R and WSF25-05R, with significant intervals of gold and silver mineralization [1][2]. - WSF25-02R reported 48.8 meters grading 0.83 g/t Au Eq, including 10.7 meters at 1.83 g/t Au Eq, indicating strong continuity with historic drilling [2][8]. - WSF25-05R showed 45.7 meters grading 0.64 g/t Au Eq, with a notable 9.2 meters at 1.29 g/t Au Eq, suggesting mineralization begins at the surface [2][8]. Mineralization Characteristics - The mineralization at West Santa Fe has a surface expression of approximately 500 by 350 meters, with thickness varying from 35 to 60 meters [4]. - The geometry of the mineralized zone is gently dipping, which may facilitate low-cost open-pit mining in the future [6]. Future Plans - The company has multiple drill sites permitted around the central mineralized zone and is planning follow-up drilling to further delineate the West Santa Fe system [4]. - The final results from the 2025 drill program are expected to be released shortly, with ongoing plans to advance the Santa Fe Mine project towards production [4][19]. Company Overview - Lahontan Gold Corp. is a Canadian mine development and mineral exploration company with four gold and silver exploration properties in Nevada's Walker Lane [19]. - The flagship Santa Fe Mine project has a historical production of 359,202 ounces of gold and 702,067 ounces of silver, with a current indicated mineral resource of 1,539,000 oz Au Eq [19].

Core Viewpoint - CopAur Minerals Inc. has initiated biological and cultural surveys at its Kinsley Mountain and Troy Canyon properties, marking a significant step in project advancement [1][2]. Group 1: Survey Contracts - WestLand Engineering and Environmental Services has been contracted to conduct nesting eagle and raptor surveys, as well as general wildlife and botanical surveys, including noxious weed assessments on both properties [2]. - Mesa Field Services will perform a Class III archaeological survey on both properties, ensuring compliance with project advancement requirements through a gap analysis [2]. Group 2: Competitive Selection - The selection of WestLand and Mesa was made after a competitive bidding process led by the Company's Owner's Team, with both firms having relevant experience in similar projects in Nevada and strong recommendations from previous clients [3]. Group 3: Stock Options - The Board of Directors has approved the grant of 3,600,000 stock options to directors, officers, employees, and consultants, with an exercise price of $0.22 per common share, valid for five years [4]. Group 4: Company Overview - CopAur is focused on mine development in the mineral-rich gold mining regions of Nevada, with its flagship project being the Kinsley Mountain Gold Project, located approximately 80 km SSW of West Wendover [5].

Core Insights - Lahontan Gold Corp. has mobilized a Super 90 track-mounted core drill rig to its flagship Santa Fe Mine Project in Nevada, which is part of the ongoing mine development program focusing on waste rock geochemical characterization and groundwater distribution for the permitting process [1][2] - The company aims to gather hydrologic and waste rock geochemical data to stay on track for commencing open pit mining and heap leach processing at Santa Fe in 2027 [2] - The Santa Fe Mine project has a historical production of 359,202 ounces of gold and 702,067 ounces of silver from 1988 to 1995, and currently has an Indicated Mineral Resource of 1,539,000 ounces of gold equivalent and an Inferred Mineral Resource of 411,000 ounces of gold equivalent [2] Company Overview - Lahontan Gold Corp. is a Canadian mine development and mineral exploration company with four gold and silver exploration properties in Nevada's Walker Lane [2] - The Santa Fe Mine project spans 28.3 km and is expected to advance towards production, with plans to update the Preliminary Economic Assessment and drill test the satellite West Santa Fe project in 2025 [2] Technical Disclosure - The technical disclosure has been reviewed and approved by Brian J. Maher, a Qualified Person under Canadian National Instrument 43-101, who has verified the data disclosed in the news release [3]