Core Insights - PMET Resources Inc. has reported significant caesium assay results from its 2025 drill campaign at the CV13 Pegmatite, highlighting the highest grades of caesium to date, including a peak assay of 29.79% CsO [2][3][9] - The exploration has confirmed high-grade caesium mineralization at the newly discovered Helios Zone, with multiple intercepts exceeding 25% CsO [2][3] - The company is optimistic about enhancing shareholder value through the caesium deposit, with ongoing drilling and assay results pending [2][3] Drill Results - The 2025 drill campaign has yielded the following notable results: - 28.0 m at 8.05% CsO, including 18.3 m at 11.84% CsO (CV25-948) [3][9] - 18.2 m at 7.13% CsO, including 3.0 m at 23.63% CsO (CV25-1023) [3][9] - 25.5 m at 14.83% CsO, including 2.2 m at 26.48% CsO (CV25-1006) [3][9] - 21.0 m at 21.52% CsO from the Helios Zone (CV25-975) [3][9] Mineral Resource Estimates - The CV13 Pegmatite hosts the world's largest in-situ pollucite-hosted caesium pegmatite Mineral Resource, with 0.69 million tonnes at 4.40% CsO (Indicated) and 1.70 million tonnes at 2.40% CsO (Inferred) [5] - The consolidated Mineral Resource Estimate for the CV5 and CV13 pegmatites totals 108.0 million tonnes at 1.40% Li2O and 0.11% CsO (Indicated) [6] Future Developments - The company is advancing towards an updated Feasibility Study for the CV5 Pegmatite, scheduled for the second half of 2026, and is interpreting the 2025 drill hole data to enhance geological models [16] - Remaining caesium assay results for 1,176 m (7 holes) are pending and will be reported once compiled [15]

Core Viewpoint - PMET Resources Inc. has secured a subscription agreement with its largest strategic investor, Volkswagen Finance Luxemburg S.A., for 89,125 common shares at an issue price of $4.03 per share, raising approximately $359,000 for general corporate purposes [1][2]. Group 1: Investment and Financial Details - Volkswagen's subscription follows a recent share issuance to Azimut Exploration Inc. and SOQUEM Inc. at a deemed issue price of $3.68 per share as part of the Pikwa acquisition announced on November 12, 2025 [2]. - The Toronto Stock Exchange has conditionally approved the issuance of the 89,125 shares to Volkswagen, which will be executed under the Company's existing placement capacity according to ASX Listing Rule 7.1 [2]. Group 2: Company Overview and Project Details - PMET Resources Inc. is focused on critical mineral exploration and development, particularly its 100%-owned Shaakichiuwaanaan Property in Quebec, Canada, which is accessible year-round and near hydro-power infrastructure [3]. - The Company announced a positive lithium-only Feasibility Study for the CV5 Pegmatite, declaring a maiden Mineral Reserve of 84.3 million tonnes (Mt) at 1.26% LiO (Probable), indicating the potential for a significant high-grade lithium project targeting up to approximately 800,000 tonnes per annum (ktpa) of spodumene concentrate [3][4]. - The Shaakichiuwaanaan Project is recognized as the largest lithium pegmatite resource in the Americas and ranks among the top ten globally, with a Consolidated Mineral Resource totaling 108.0 Mt at 1.40% LiO and significant tantalum and caesium resources [4][9].

Core Insights - DPM Metals Inc. announced the results of a feasibility study for the Čoka Rakita project in Serbia, confirming robust economics for a high-margin underground mining operation with first quartile costs and a high rate of return based on a $1,900 per ounce gold price assumption [1][2][3] Feasibility Study Highlights - The feasibility study (FS) indicates an additional year of mine life and increased ounces in the initial years compared to the pre-feasibility study (PFS), resulting in improved net present value (NPV) [2][7] - The project is expected to have a 36% internal rate of return (IRR) at a gold price of $1,900 per ounce, with plans to advance permitting for mine construction start-up in early 2027 and first concentrate production anticipated in the first half of 2029 [3][30] - The FS is based on a mineral reserve estimate of 7.34 million tonnes at a grade of 6.44 grams per tonne, containing approximately 1.52 million ounces of gold [6][37] Economic Metrics - The project has a robust after-tax NPV of $782 million at a 5% discount rate and a payback period of 1.8 years [7][10] - Initial capital costs are estimated at $448 million, with an all-in sustaining cost of $644 per ounce of gold [7][22] - The project is expected to produce an average of 148,000 ounces of gold per year over its life, with higher production in the first five years averaging 189,000 ounces per year [17][7] Project Development and Infrastructure - The Čoka Rakita project benefits from established infrastructure, including nearby roads and power lines, and is strategically located near DPM's Chelopech mine [5][22] - The FS includes optimizations in the development layout and design, ground support, ventilation, and dewatering infrastructure to enhance operational efficiency [11][9] Permitting and Community Engagement - DPM has received approval to initiate the Special Purpose Spatial Plan for Čoka Rakita, marking a key permitting milestone [30][29] - The company aims to build strong partnerships with local communities and governments, planning to create over 500 jobs and develop training programs for local personnel [33][32] Mineral Resource and Reserve Estimates - The updated mineral resource estimate indicates a total of 7.34 million tonnes at 6.44 g/t gold, representing a 10% increase in tonnage and an 11% increase in contained ounces compared to the PFS [37][34] - The mineral reserves are classified as probable and are based on a cut-off grade of 2.5 g/t gold, reflecting the project's economic viability [36][41]

Core Viewpoint - SSR Mining has announced a new technical study for the Cripple Creek & Victor (CC&V) gold mine, indicating an increase in mineral reserves and an extended projected life for the asset [1][2]. Mineral Reserves and Mine Life - CC&V's mineral reserves are now estimated at approximately 2.8 million ounces of gold, an increase from 2.4 million ounces at the end of 2024, allowing for an additional 12 years of mining and stacking, followed by 14 years of residual leaching [2]. - The mine's life plan suggests a long-lived operation, as stated by SSR's executive chairman [2]. Acquisition and Financial Performance - SSR Mining acquired CC&V from Newmont in February, and the operation has already generated over $100 million in after-tax free cash flow, effectively paying back the acquisition cost [3]. - CC&V is projected to produce between 90,000 to 110,000 ounces of gold in the current year, with an average annual output expected to be 141,000 ounces from 2026 to 2028 [3]. Net Present Value and Internal Rate of Return - At an average gold price of $3,240 per ounce, CC&V's after-tax net present value (NPV) is estimated at $824 million, which could rise to approximately $1.5 billion if gold averages $4,000 per ounce [4]. - The acquisition has an implied internal rate of return exceeding 100% based on cash payments and projected cash flow [4]. Resource Expansion Potential - The new technical report includes a proposed expansion of the mine's open pits and leach pads, with significant ore expected to be sourced from existing operational pits [5]. - CC&V holds 235.1 million proven and probable tonnes grading 0.37 grams of gold per tonne, totaling 2.8 million ounces, with additional measured and indicated resources of 4.8 million ounces and inferred resources of 2 million ounces [6]. Future Mine Life Extensions - The additional 6.8 million ounces of resources not included in the current mine plan provide SSR with significant optionality to extend CC&V's mine life in the future [7]. - Analysts view CC&V as a generational asset for SSR, offering substantial free cash flow and leverage to higher gold prices [7]. Cost Projections - SSR anticipates all-in sustaining costs to average $2,051 per ounce of gold sold during the 2026-28 period, and $2,135 for the 2026-30 period [8]. - The higher-than-expected life-of-mine unit operating costs have surprised analysts, exceeding previous estimates and actual costs incurred by both SSR and Newmont [8]. Location and Market Performance - CC&V is situated about 160 km southwest of Denver, covering 61 square kilometers in a prolific U.S. gold mining district, with extensive drilling completed [9]. - SSR's shares experienced a slight decline of 0.2% to C$29.11, giving the company a market capitalization of approximately C$5.9 billion ($4.2 billion) [9].

Core Insights - Serabi Gold has filed a detailed Technical Report for its Palito Complex, which includes updated mineral resource and reserve estimates [1][2] - The report is prepared by NCL Ingeniería y Construcción SpA and complies with NI 43-101 standards [2][3] - The Palito Complex is located in Pará State, Brazil, and the company aims to double its production in the coming years [5] Technical Report Details - The Technical Report is titled "Palito Mining Complex, NI 43-101 Technical Report, Pará State, Brazil" and is effective as of March 31, 2025 [1][2] - The report supports the scientific and technical disclosure related to the mineral resource and reserve estimates [1] Company Overview - Serabi Gold plc focuses on gold exploration, development, and production in the Tapajós region of Brazil [5] - The company has consistently produced between 30,000 to 40,000 ounces of gold annually from the Palito Complex [5] - Plans are in place to increase production through the construction of the Coringa Gold project [5] Qualified Persons - The Technical Report has been reviewed and approved by qualified persons under NI 43-101 standards [2][3] - Michael Hodgson, a Director of the Company, has reviewed the scientific and technical information and is recognized as a Qualified Person [10]