VANCOUVER, British Columbia, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Canterra Minerals Corporation (TSXV:CTM) (OTCQB: CTMCF) (FSE:DXZB) (“Canterra” or the “Company”) is pleased to announce step-out drilling results, including 7.73% Copper Equivalent (“CuEq”) over 4.45 metres, its 100%-owned Buchans Project in the Central Newfoundland Mining District. The Buchans Project is located at the site of the world-renowned past-producing Buchans Mine, approximately 50 kilometres north of Equinox Gold’s Valentine Gold Mine ...

MADE IN THE U.S.A. N YS E : I A U X | T S X : I A U C R E AT I N G A N E VA D A - F O C U S E D , MID -T I E R G O L D P R O D U C E R Q3 2025 Conference Call & Webcast November 13, 2025 CAUTIONARY DISCLAIMER REGARDING FORWARD-LOOKING STATEMENTS Certain statements in this presentation constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws, including but not limited to statements or information regarding: statements regarding preliminary econ ...

Vancouver, British Columbia--(Newsfile Corp. - November 12, 2025) - West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") announces the remaining drill results from its shallow program, the initial phase of the 10,000 metre (m) drill program at its flagship Gold Chain Project in Arizona. The Company is reporting assay results for 6 drill holes, GC25-71 to GC25-75 and GC25-79, representing 471m. Highlights:Hole GC25-71 drilled 80.8m of 1.23 g/t Au, with mineraliza ...

Core Insights - Erdene Resource Development Corp. achieved a significant milestone with the first gold pour at the Bayan Khundii Gold Mine on September 14, 2025, and expects to reach nameplate production capacity by the end of 2025 [3][10] - The company is actively exploring opportunities to expand resources at Bayan Khundii and has planned 9,300 meters of drilling in the coming months [3][10] - An updated independent mineral resource estimate for the Zuun Mod Molybdenum-Copper project was announced, confirming it as one of Asia's largest undeveloped projects [3][10] - The company entered an option agreement to acquire up to 80% interest in the Tereg Uul Copper-Gold prospect, located near the Oyu Tolgoi deposit [3][10] Q3 2025 Highlights - First gold production at Bayan Khundii occurred on September 14, with expectations to achieve full production capacity by year-end 2025 [10] - During the quarter, the company sold 342 ounces of gold at an average price of US$3,805 per ounce and 96 ounces of silver at US$44 per ounce [10] - The Bayan Khundii mine is designed to process 650,000 tonnes of ore annually, producing approximately 85,000 ounces of gold [10] - The company mined 2.1 million tonnes of material, including 133 thousand tonnes of ore with an average grade of 2.30 g/t Au and 1.27 g/t Ag as of September 30 [10] - Community development initiatives have been implemented, with about 35% of site personnel being local residents [10] Financial Performance - The company recorded a net loss of CAD 2,748,830 for Q3 2025, compared to a net loss of CAD 1,687,580 in Q3 2024 [10][11] - Exploration and evaluation expenses increased to CAD 579,333, primarily due to costs associated with the Tereg Uul property and new project evaluations [10] - Corporate and administrative expenses rose to CAD 864,892, attributed to increased stock-based compensation and higher professional fees related to share consolidation [10] Resource Estimates - The updated mineral resource estimate for Zuun Mod showed a 22% increase in Measured and Indicated molybdenum resources to 333 million pounds and a 90% increase in Inferred molybdenum resources to 300 million pounds [10] - Copper resources also saw a 16% increase in Measured and Indicated resources to 384 million pounds and a 75% increase in Inferred resources to 350 million pounds [10]

Core Insights - GLOBEX MINING ENTERPRISES INC. announced that Antimony Resources Corp. has filed a NI 43-101 Technical Report on the Bald Hill Antimony Project in New Brunswick, Canada, indicating a significant development in the project [1] - The report suggests a potential of 2.7 million tonnes of antimony at a grade of 3% to 4%, which could yield between 81,000 and 108,000 tonnes of contained antimony, doubling the previous estimate from 2014 [2] - Antimony Resources Corp. is conducting an additional 6,000 metre drill program, bringing the total to 15,000 metres, aimed at extending the mineralized zone and potentially preparing a maiden resource estimate [3] Project Details - The NI 43-101 Technical Report provides detailed summaries of past work and the Phase One Drilling Program completed by Antimony Resources Corp. [2] - The potential resource indicated in the report is conceptual and not yet proven to be economic [2] - The report was prepared by John Langton, M.Sc., P. Geo., and is accessible for shareholders seeking more detailed information [4]

Core Insights - Aya Gold & Silver Inc. announced the results of its 2025 Boumadine Preliminary Economic Assessment (PEA), highlighting robust project economics and significant potential for the Boumadine Project in Morocco [1][5]. Economic Highlights - The PEA indicates a post-tax Net Present Value (NPV) of $1.5 billion at base case prices and $3.0 billion at spot prices, with an Internal Rate of Return (IRR) of 47% and 77% respectively [2][50]. - Initial capital expenditures are estimated at $446 million, with a payback period of 2.1 years at base case prices and 1.2 years at spot prices [4][50]. - Average annual production is projected at 401 thousand ounces (koz) of gold-equivalent (AuEq) in the first five years and 328 koz AuEq over the life of the mine (LOM) [4][21]. Project Parameters - The Boumadine Project has an 11-year mine life, with a total of 31 permits and licenses covering an area of 339 km² [6][9]. - The project will utilize a combined open pit and underground mining operation, with a processing capacity of 8,000 tonnes per day (tpd) [16][24]. Production and Processing - The flotation plant will produce three concentrates: zinc, lead, and pyrite, with total flotation recoveries of 96.1% for gold and 96.4% for silver [29][30]. - The average head grade for the first five years is expected to be 4.76 g/t AuEq, decreasing to 3.85 g/t AuEq over the LOM [7][24]. Capital and Operating Costs - The average cash cost is projected at $109 per tonne milled, with an All-in Sustaining Cost (AISC) of $1,021 per ounce AuEq produced [42][44]. - Total capital expenditures over the LOM are estimated at $786 million, including sustaining capital of $340 million [38][39]. Market and Offtake Agreements - Aya has received interest for potential off-take agreements for concentrates, particularly for the pyrite concentrate due to its high sulfur content and rising global demand [46][49]. Exploration Potential - There is significant potential for resource expansion beyond the current PEA study, with a 140,000-meter drilling program underway to explore additional mineralized zones [57][58]. Next Steps - The company plans to commence a feasibility study targeting completion by late 2027, alongside ongoing environmental and social assessments [64].

Core Insights - Tudor Gold Corp. has completed its 2025 exploration program at the Treaty Creek Project, which is 80% owned by the company, located in Northwestern British Columbia's Golden Triangle [1][4] Drilling Highlights - The final drillhole GS-25-191-W1 confirmed continuity between high-grade mineralization in the 300 Horizon Zone and the 300 North Zone, with significant mineralized intercepts reported [2][3] - Notable results from GS-25-191-W1 include: - 4.12 g/t gold, 16.48 g/t silver, and 0.01% copper over 8.90m - 1.63 g/t gold, 4.89 g/t silver, and 0.02% copper over 10.70m - 1.88 g/t gold, 1.71 g/t silver, and 0.01% copper over 5.90m - 1.76 g/t gold, 1.74 g/t silver, and 0.01% copper over 6.80m [3][7] 2025 Exploration Program Overview - The program aimed to fill gaps between the 300N and 300H Zones and to explore potential high-grade SC-1 Zone-like structures, confirming and expanding high-grade corridors [4][5] - The ongoing reinterpretation of historical data is expected to identify further high-grade structural zones, which will be included in an upcoming Mineral Resource estimate [5] Future Plans - An updated Mineral Resource estimate is in preparation, incorporating approximately 15,000 meters of drill data from 2024 and 2025, with a target completion in Q4 2025 [6] - The updated model will utilize smaller 5mx5mx5m blocks for better resolution of high-grade gold mineralization [6] - Plans for underground ramp development to access the SC-1 Zone are contingent on permit approvals, with excavation expected to commence in Q3 2026 [8] Resource Overview - The Goldstorm Deposit at Treaty Creek has an Indicated Mineral Resource of 21.66 million ounces of gold at a grade of 0.92 g/t, along with significant copper and silver resources [19] - The Inferred Mineral Resource is 4.88 million ounces of gold at a grade of 1.01 g/t, indicating the potential for further exploration and resource expansion [19]

Core Viewpoint - Signature Resources Ltd. has successfully closed a non-brokered private placement offering, raising gross proceeds of C$3,417,835 through the issuance of various units, which will support its exploration activities at the Lingman Lake Gold Project [1][4][10]. Offering Details - The offering includes 23,000,000 charity flow-through units at C$0.077 each, 10,458,401 flow-through units at C$0.060 each, and 18,533,298 non-flow-through units at C$0.055 each [2]. - Each unit consists of one common share and one-half of a common-share purchase warrant, with whole warrants allowing the purchase of additional common shares at C$0.10 for 12 months [2]. Use of Proceeds - The net proceeds from the offering will be allocated for exploration activities on the Lingman Lake Gold Project and general working capital, with approximately one-third designated for working capital and the remainder for exploration, including a 2025 drill campaign [10]. Insider Participation - Insiders of the company acquired 37% of the offering, purchasing 6,250,067 flow-through units and 15,200,000 non-flow-through units, which constitutes a related party transaction [8]. Exploration Plans - The company plans to commence a 2025 diamond drilling program of approximately 3,000 meters, targeting a large 3D IP/Mag anomaly to potentially expand the Lingman Lake deposit [5]. Company Background - Signature Resources Ltd. is focused on expanding the Lingman Lake gold deposit in Northwestern Ontario, which consists of approximately 24,821 hectares and has a historical underground mine structure [12]. The initial mineral resource estimate includes 95,200 ounces indicated and 674,320 ounces inferred [12].

VANCOUVER, British Columbia, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) ("Xali Gold” or the “Company”) is pleased to announce plans to advance the Pico Machay Gold Project (“Pico Machay” or the “Project”) in Central Peru. The Project is under acquisition through a Share Purchase Agreement (“SPA”) with Pan American Silver Corp. (TSX:PAAS) (NYSE:PAAS) (“Pan American”) and its subsidiary, Aquiline Resources Inc. (“Aquiline”) as per the October 24th, 2025 news release. The Pico Machay transact ...

Core Viewpoint - Xali Gold Corp. has entered into a Share Purchase Agreement to acquire Minera Calipuy S.A.C, which owns the Pico Machay Gold Project in Central Peru, from Pan American Silver Corp. and its subsidiary Aquiline Resources Inc. [1] Acquisition Details - The acquisition is a strategic move for Xali Gold to enhance its presence in a prolific gold-silver region, with the Pico Machay project already having a historic resource in place [3] - The Share Purchase Agreement includes cash payments totaling $17.5 million over five years, with an initial payment of $0.5 million at closing [14][16] Resource Information - Pico Machay has a Historic Measured and Indicated Resource of 264,600 ounces of gold from 10.6 million tonnes at a grade of 0.78 grams per tonne, and an additional Inferred Resource of 446,000 ounces from 23.9 million tonnes at a grade of 0.58 grams per tonne [2][8] - The original resource estimate was based on a long-term gold price of $700 per ounce, which presents significant upside potential given the current higher gold price environment [3][4] Geological and Logistical Context - The project is located within the Southern Peru Epithermal Gold-Silver Belt, known for hosting world-class gold deposits, and is in proximity to several operational mines [5][6] - Pico Machay is situated 35 km southwest of Huancavelica, a well-established mining area with good logistical access [7] Future Plans - Xali Gold aims to update the resource estimate and previous engineering studies with a near-term production goal, while also exploring additional targets for potential resource expansion [3][4]