2026 consolidated gold production expected to be 180,000 to 205,000 ounces as the Company executes on its fill-the-mill strategy and prepares to showcase the potential upside and opportunity associated with its June mineral reserve and mineral resource updateToronto, Ontario--(Newsfile Corp. - January 20, 2026) - Wesdome Gold Mines Ltd. (TSX: WDO) (OTCQX: WDOFF) ("Wesdome" or the "Company") today announces its operating results for the fourth quarter and full year ended December 31, 2025 as well as its 202 ...

Core Viewpoint - Heliostar Metals Ltd. has successfully restarted mining operations at the San Agustin mine, which is expected to significantly increase gold production in 2026, generating substantial cash flow at current gold prices [2][3]. Mining Operations - Mining, crushing, and stacking of ore at San Agustin have recommenced, with the company planning to produce 45,000 ounces of gold at an all-in sustaining cost (AISC) of $1,990 per ounce, yielding a margin of over $2,300 per ounce at current gold prices [1][2][3]. - The company has completed two ore blasts and two waste blasts, with 90% of the mobile equipment fleet mobilized to site to meet production targets [5]. Financial Projections - The expected cash flow from mining the current reserve is projected to be approximately $40 million at a gold price of $3,000 per ounce [3]. - The life-of-mine (LOM) plan indicates a probable mineral reserve of 68,000 ounces of gold, with a post-tax NPV of $35.3 million and an IRR of 548% based on a $3,000 per ounce gold price [9]. Drilling Program - A drilling program of 10,000-15,000 meters is underway, with 37 holes completed to date, aimed at identifying extensions of the orebody to potentially increase the mine life [3][13]. - Previous drilling results from the Corner SW target area have shown higher-grade oxide results, enhancing the potential of certain lower-grade areas [14][22]. Technical Report - An amended technical report filed in January 2025 outlines the operational and economic parameters of the San Agustin project, including the estimated initial capital cost of $4.2 million [9][10]. - The report emphasizes the importance of the existing infrastructure, including a crusher and conveyor system with a throughput capacity of 30,000 tonnes per day [10]. Company Outlook - Heliostar is focused on production growth and enhancing shareholder value, with plans to provide formal guidance in January 2026 [3]. - The company has demonstrated progress in crystallizing growth opportunities within its portfolio, including studies on flagship projects like Ana Paula and Cerro del Gallo [3].

MONTREAL, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to announce the filing of an updated NI 43-101 Technical Report for the Zgounder Deposit (“Zgounder”) (the “Technical Report”). The Technical Report includes updated Proven & Probable Mineral Reserves (“P&P Reserves”), and Mineral Resource Estimate (“MRE” or “Mineral Resource Estimate”), along with an accompanying updated Life of Mine (“LOM”) plan. The Mineral Resource Estimate ...

Core Insights - Thesis Gold Inc. announced positive results from an independent Prefeasibility Study (PFS) for its Lawyers-Ranch Project, indicating strong economic viability and positioning the project among the top-tier development-stage gold projects globally [1][6][7]. Project Overview - The PFS outlines a plan for developing the Lawyers-Ranch Project using both open pit and underground mining methods, with ore processed at a single facility [3][13]. - The project has an after-tax NPV of CAD 2.37 billion and an IRR of 54.4%, with a payback period of 1.1 years [6][7]. Economic Highlights - At a gold price of USD 2,900/oz and silver at USD 35/oz, the project shows a pre-tax IRR of 73.5% and an NPV of CAD 3.73 billion [7]. - Initial capital expenditure is estimated at CAD 736.2 million, with a compelling after-tax NPV to initial capital ratio of 3.2:1 [7][29]. Production Metrics - The project is expected to produce an average of 266,000 AuEq ounces annually in the first three years, totaling 2.84 million AuEq ounces over the life of mine (LOM) [7][12]. - The average all-in sustaining costs (AISC) are projected at USD 1,185 per AuEq ounce [7][29]. Resource Estimates - The maiden Mineral Reserve statement includes 76.16 million tonnes of ore grading 0.97 g/t Au and 28 g/t Ag, resulting in a total AuEq grade of 1.33 g/t [7][25]. - The PFS is based on a Mineral Resource Estimate effective October 16, 2025, with significant potential for resource expansion and discovery [14][20]. Mining Strategy - The mining strategy integrates conventional open pit operations with underground longhole stoping, targeting high-grade zones [35][41]. - Approximately 96.8% of the mill feed will be sourced from open pit mining, with underground mining focused on deeper, higher-grade zones [35][36]. Processing and Infrastructure - The processing plant is designed for a throughput of 13,700 tonnes per day, utilizing a flexible flowsheet to recover gold and silver [44][46]. - Infrastructure includes open pit and underground mines, a processing plant, tailings storage, and supporting facilities [46][49]. Future Opportunities - The PFS identifies opportunities for further optimization in the upcoming Feasibility Study, including potential resource upgrades and exploration targets [10][13].

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”) is pleased to announce that as a result of strong investor demand, the Company has amended its agreement with a syndicate of underwriters led by Canaccord Genuity Corp. and BMO Capital Markets (collectively, the “Underwriters”) to increase the size of its previously announced “bo ...

Core Viewpoint - PMET Resources Inc. has entered into a definitive agreement to acquire the Pikwa Property, expanding its land position in the James Bay region of Quebec, which is expected to enhance its exploration potential for multiple commodities [1][6][10]. Acquisition Details - The acquisition involves a 100% interest in the Pikwa Property from Azimut Exploration Inc. and SOQUEM Inc. [1][6] - The Pikwa Property consists of 509 mineral claims covering approximately 10 km of a highly prospective greenstone belt trend [2][3]. - The acquisition is subject to customary closing conditions, including approval from the Toronto Stock Exchange [6]. Geological Potential - The Pikwa Property is located immediately west of PMET's flagship Shaakichiuwaanaan Property and is part of a continuous land position of over 70 km of greenstone trend [3][5]. - The geological setting of the Pikwa Property indicates strong potential for various commodities, including orogenic gold, porphyry deposits, and LCT pegmatites [2][3]. - Historical exploration has identified spodumene-bearing pegmatite and spodumene grains in till, further enhancing the property's potential [3][4]. Strategic Importance - The acquisition is viewed as a strategic addition to PMET's land holdings, consolidating some of the most prospective LCT pegmatite trends globally [5]. - The Pikwa Property includes multiple base and precious metal targets, which have been the focus of historical exploration efforts [4][5]. Financial Considerations - Upon closing, PMET will issue an aggregate of 841,916 common shares at a deemed price of $3.68 per share to Azimut and SOQUEM [8]. - A 1% net smelter return royalty interest will be granted to both Azimut and SOQUEM in relation to the Pikwa Property [8].

Core Viewpoint - Centerra Gold Inc. has announced a Pre-Feasibility Study (PFS) for its Mount Milligan mine, confirming a life of mine (LOM) extension to 2045, driven by strategic investments and exploration efforts [1][2]. Group 1: LOM Extension and Production Metrics - The PFS indicates a LOM extension of approximately 10 years, with average annual production from 2026 to 2042 expected to be around 150,000 ounces of gold and 69 million pounds of copper [6][8]. - Total gold production over the mine life is projected to be 2,791,000 ounces, with total copper production estimated at 1,282 million pounds [4][6]. - The average gold grade is expected to be 0.28 grams per tonne (g/t) and the average copper grade is projected at 0.16% [4][28]. Group 2: Capital Expenditures and Economic Outlook - Total capital expenditures over the LOM are estimated at $925 million, with non-sustaining capital expenditures of $186 million planned, primarily for a second tailings storage facility and process plant upgrades [4][21]. - The after-tax Net Present Value (NPV) at a 5% discount rate is approximately $1.5 billion based on long-term commodity price assumptions, increasing to about $2.1 billion at spot prices [4][50]. Group 3: Mineral Reserves and Exploration Potential - An updated mineral reserve estimate shows a total of 483.2 million tonnes, containing 4.4 million ounces of gold and 1.7 billion pounds of copper, representing a 56% increase in gold reserves and a 52% increase in copper reserves compared to the end of 2024 [6][28]. - Ongoing exploration efforts have confirmed mineralization extending to the west of the current resource pit, indicating potential for further resource expansion [2][35]. Group 4: Environmental and Operational Improvements - The mine will utilize in-pit dumping of potentially acid-generating waste to reduce environmental impact and optimize tailings storage capacity [10][11]. - Operational improvements are expected to increase mining rates to 200,000 tonnes per day at certain points during the LOM, with a modest fleet expansion required [11][12]. Group 5: Community and Regulatory Aspects - Mount Milligan has been designated as a provincial priority project by the British Columbia government, which supports a more streamlined permitting process [47][48]. - The extended LOM is anticipated to provide consistent employment for over 1,000 workers and enhance business opportunities for First Nations and surrounding communities [49].

Core Viewpoint - Seabridge Gold Inc. is facing a legal challenge from Tudor Gold Corp. regarding the Chief Gold Commissioner's decision that supports Seabridge's rights to use land for the KSM Project's Mitchell Treaty Tunnels, which Tudor is appealing in the British Columbia Supreme Court [1][2]. Group 1: Legal Proceedings - Tudor Gold Corp. has filed a Notice of Appeal against the Chief Gold Commissioner of British Columbia and Seabridge, contesting the rejection of its application to rescind the legal mechanism prioritizing Seabridge's rights [1]. - The Chief Gold Commissioner previously ruled that the conditional mineral reserve (CMR) applies to Tudor, which Tudor is now disputing in court [2]. - Seabridge's Chair and CEO expressed confidence that the court will dismiss Tudor's appeal, maintaining that the CGC's decision was correct [2]. Group 2: Company Background - Seabridge Gold holds a 100% interest in several North American gold projects, with its principal assets located in Northwest British Columbia's "Golden Triangle" [3]. - The KSM project is one of Seabridge's key assets, alongside other projects in Canada, including Courageous Lake, Snowstorm, and 3 Aces [3].

As filed with the U.S. Securities and Exchange Commission on March 28, 2023 Registration No. 333-269693 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 U.S. GOLDMINING INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Nevada 1040 37-1792147 (I.R.S. Employer Identification N ...