VANCOUVER, British Columbia, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) ("Xali Gold” or the “Company”) is pleased to announce that it has filed the National Instrument 43-101 (“NI 43-101”) compliant report titled “Technical Report Pico Machay Gold Deposit, Huancavelica Province, Peru” effective November 18th, 2025 and dated December 4th, 2025 (the “Technical Report”) on SEDAR+. This Report was prepared by David Thomas, P.Geo., of DKT Geosolutions Inc., on behalf of Xali Gold to comply with ...

Q3 2025 Performance - Total gold production reached 79,645 ounces, and total gold sold was 78,857 ounces[24] - The average realized gold price was $3,417 per ounce[32] - Operating cash flow was $113 million, or $0.34 per share[31] - The company reported a net income of $49.3 million, or $0.15 per share[31] - Adjusted earnings were $73.0 million, or $0.22 per share[31] - All-in sustaining costs (AISC) were $1,641 per ounce[30] Operations - Musselwhite milled 329,634 tonnes of ore with a gold grade of 5.87 g/t, producing 57,586 ounces of gold[24] - Camino Rojo stacked 2,793,951 tonnes of ore with a gold head grade of 0.40 g/t, producing 22,059 ounces of gold[24] South Railroad Project - An updated Feasibility Study is expected in Q4 2025[26] - Construction is expected to begin in mid-2026, with first gold production targeted for 2028[28] Guidance - The company updated its 2025 gold production guidance to 265,000 - 285,000 ounces[69]

Precious Metals Summit, Beaver Creek September 9-12, 2025 TSX, NYSE AMERICAN: NG | NOVAGOLD.COM CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS This presentation includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation, including the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include future-oriented financial information or fina ...

Company Overview - Alkane Resources Limited completed a merger with Mandalay, becoming a growing gold and antimony producer[11, 12] - The combined company has a market capitalization of approximately A$1 billion[21] - The company anticipates a valuation re-rate driven by GDXJ and ASX 300 index inclusion[21] - Alkane had a combined cash and bullion balance of A$218 million as of June 30, 2025, with approximately A$60 million in debt[20, 22] Production and Growth - Diversified production of 161,000 AuEq ounces in FY2025, with further growth expected in FY2026[15] - Tomingley produced 70,100 ounces of gold, Björkdal produced 41,400 ounces of gold, and Costerfield produced 49,400 AuEq ounces in the period from July 2024 to June 2025[25] - The company is targeting approximately 40,000 AuEq ounces produced per quarter[29] Resource and Reserve Highlights - Boda-Kaiser has approximately 14.7 million AuEq ounces in resources[87] - Tomingley Gold Mine has total ore reserves of 674,000 tonnes at a grade of 1.6 g/t Au, containing 34,000 ounces of gold[98] - Tomingley Gold Extension Project has total ore reserves of 11,082,000 tonnes at a grade of 1.9 g/t Au, containing 663,000 ounces of gold[101]