Core Viewpoint - Galantas Gold Corporation has entered into a share purchase agreement to acquire a 100% ownership interest in the Andacollo Oro Gold Project in Chile, marking a significant strategic move for the company and expected to be classified as a Fundamental Acquisition under TSX Venture Exchange policies [1] Project Overview - The Andacollo Oro Gold Project is located in the Coquimbo Region of Chile, approximately 55 kilometers southeast of La Serena, at an elevation of 1,100 meters, featuring a substantial permitted footprint with mining concessions, land title, and water rights [2] - The project includes existing infrastructure, extensive earthworks, and three leach pads, with excellent access to services and a skilled workforce [2] Historical Resource Estimates - The historical mineral resource estimate for the project indicates measured and indicated resources of 2.02 million ounces of gold from 130 million tonnes at a grade of 0.48 grams per tonne, and inferred resources of 5.06 million ounces from 358 million tonnes at a grade of 0.45 grams per tonne [3][22] - The project has a history of production, having operated as a 20,000 tonne per day open pit heap leach operation, producing a cumulative 1.12 million ounces of gold between 1998 and 2018, with peak annual production of approximately 135,000 ounces [4] Geological and Technical Aspects - The project features a low-sulphidation epithermal, manto-style gold system, with extensive evaluation conducted by past operators, including 1,600 drill holes totaling approximately 190,000 meters [5] - The project is adjacent to the Carmen del Andacollo porphyry copper mine, which produces about 45,000 tonnes of copper per year, indicating potential synergies [6] Strategic Importance - The acquisition is seen as a transformative step for Galantas, enhancing its profile and scale by adding a large-scale, past-producing gold asset with existing infrastructure and a deep technical database [7] - The project offers multiple development pathways and significant exploration potential for both gold and copper mineralization [8] Transaction Structure - The total cash consideration for the acquisition is structured at US$32 million, with staged payments over four years, reflecting a commitment to capital discipline [12] - The transaction involves the issuance of 91,313,890 common shares to the controlling shareholder of Dragones, representing 19.9% of Galantas' outstanding shares, subject to regulatory approvals [12][13] Financial Overview - As of December 31, 2025, the financial information for Sol, the entity acquiring the project, shows total assets of approximately US$4.28 million and total liabilities of approximately US$4.34 million, indicating a loss of US$67,521 [10] Exploration Opportunities - The project has significant exploration upside, with potential for grade enhancement through angle drilling and opportunities to increase resources along strike and down-dip of known mineralization [25] - There are indications of a chalcocite enriched copper blanket and numerous unexplored gold-copper occurrences on the project [26] Conditions to Closing - The completion of the transaction is subject to board approval, regulatory requirements, and shareholder approvals, including minority approval requirements [28][32]

La Guitarra Mine Operations & Expansion - Full commercial production at La Guitarra Mine commenced on January 1, 2025[13, 27] - Q3 2025 sales reached 153,583 silver equivalent ounces[13] - Q3 2025 revenues totaled $5.5 million[13] - Gross profit for Q3 2025 was $1.7 million[13, 47] - A C$19.5 million private placement closed in July 2025 to fund plant expansion[13, 40] - Expansion plans aim to increase capacity by +50% to 750-800 tonnes per day by Q2 2026 and +100% to 1,200-1,500 tonnes per day by Q3 2027[48, 49, 51] La Guitarra Resource Estimate - The 2023 resource update shows 272 million silver-equivalent Measured & Indicated ounces, a 373% increase[31] - Inferred resources are 202 million silver-equivalent ounces, a 204% increase[31] Tepic Project Exploration - Exploration at Tepic Project indicates a potential strike length of over 15 km[75, 76] - Historical ore shoots in the East District measure up to 750 meters in length and 1-4 meters in thickness[57] Financials & Share Structure - Current assets, including cash, were $16.9 million as of September 30, 2025[84, 93] - A $5 million loan from First Majestic Silver bears interest at 15% per annum[64, 71, 84]

Core Viewpoint - Power Metallic Mines Inc. has released assay results from its summer drilling program, highlighting significant mineralization in the Lion Zone and outlining future exploration objectives for the fall and winter seasons [1][10]. Summer Drilling Results - The summer drilling program aimed to explore extensions of the Lion Zone, focusing on down plunge mineralization and infill drilling to define the zone geometry for future resource estimates [1][2]. - Technical issues with helicopter-supported drills led to lost holes, but hole PML-25-017 confirmed the extension of the Lion structure with a disseminated zone of 7.00m at 1.41% CuEq [2][3]. - In-fill drilling successfully defined mineralization along high-grade shoots within the Lion zone, with notable intersections including 6.85m at 13.15% CuEq in hole PML-25-022 [4]. Land Assembly Activities - Power Metallic has significantly increased its land package by over 600%, expanding from 46 km to 313 km, which includes critical areas for exploration [10][11]. - The acquisition of Hydro Quebec surface leases has allowed the company to explore previously restricted areas, enhancing its understanding of the geological framework [11][12]. Future Exploration Plans - The company plans to utilize more powerful skid drills for deeper testing of the Lion Zone to avoid previous technical issues [3]. - The BHEM survey has identified large anomalies at the Tiger Deep target, indicating potential for significant mineralization between the Lion and Tiger zones [9][10]. Marketing Services Agreements - Power Metallic has entered into multiple marketing services agreements to enhance market awareness, including contracts with Native Ads, Sideways Frequency, and Apaton Finance, totaling up to approximately US$402,817 [14][15][16].

Core Viewpoint - Aldebaran Resources Inc. announced the results of a Preliminary Economic Assessment (PEA) for the Altar copper-gold project in Argentina, indicating strong potential for a long-life, high-quality copper operation with significant production and cash flow generation [1][6][8]. Economic Highlights - The PEA outlines a 48-year mine life with an average annual production of 101,413 tonnes of copper equivalent (CuEq) over the life of the mine (LOM) [7][10]. - The project has an after-tax Net Present Value (NPV) of $2.0 billion at an 8% discount rate, an Internal Rate of Return (IRR) of 20.5%, and a payback period of 4 years based on base-case metal prices [7][11]. - Total LOM gross revenue is projected at $44.7 billion, with free cash flow estimated at $10.7 billion [7][11]. Production and Cost Metrics - Initial capital expenditure (capex) is estimated at $1.59 billion, with a capital intensity of $15,713 per tonne of average annual CuEq produced [7][12]. - Cash costs (C1) are projected at $1.71/lb payable Cu for the first 20 years, increasing to $2.02/lb for the LOM [7][12]. - All-in Sustaining Costs (AISC) are estimated at $2.25/lb payable Cu for the first 20 years, rising to $2.59/lb for the LOM [7][12]. Mining and Processing Overview - The mining method combines open-pit and underground block caving, with a processing capacity of 60,000 tonnes per day [10][21]. - The project anticipates a recovery rate of 87.76% for copper, 57% for gold, and 50% for silver over the LOM [12][26]. Strategic Partnerships and Future Plans - Aldebaran is collaborating with Nuton, a Rio Tinto venture, to explore alternative processing technologies that could enhance economic viability and reduce environmental impact [8][38]. - The company plans to focus on a Pre-Feasibility Study (PFS) and resource updates in the next 12 to 18 months, aiming to unlock additional value from the Altar project [8][46]. Mineral Resource Estimate - The PEA is based on an updated mineral resource estimate, with approximately 80% of the resources categorized as Measured and Indicated [7][14]. Infrastructure and Environmental Considerations - The project includes comprehensive on-site infrastructure and plans for water management, with a focus on minimizing environmental impact [35][36]. Market Context - The political environment in Argentina is shifting towards pro-business policies, which may benefit the advancement of the Altar project amid rising global demand for copper [8].

Core Insights - Koryx Copper Inc. has reported assay results from 17 drill holes totaling 5,556 meters as part of its exploration strategy for the Haib Copper Project in Namibia, confirming mineralization in target areas with copper grades meeting or exceeding the average mineral resource estimate [3][4][6] - The company is integrating updated geological models to enhance the understanding of copper and molybdenum distribution, aiming to publish an updated mineral resource estimate (MRE) by the end of 2025 [5][19][20] Drilling Results - The best intercepts from the recent drilling include significant copper grades, such as 40m at 0.37% Cu and 116m at 0.36% Cu from hole HM96, and 50m at 0.33% Cu from hole HM76 [1][14] - Drilling at various targets has confirmed strong copper mineralization, with notable results from Target 1, Target 2, Target 3, and Target 4, indicating continuity and potential tonnage gains [10][11][12][13] Geological Model Update - The geological team has completed relogging and reinterpretation of the lithological and structural models, which will assist in refining the mineral resource estimates and guide future drilling plans [4][5][21] - The updated models are expected to improve resource classification, converting Inferred material to Indicated category, and support the pre-feasibility study planned for 2026 [20][21] Future Plans - The company has received four additional drill rigs, increasing the total to eight, to accelerate the drilling program in the first half of 2026 [1][21] - An updated MRE is anticipated to reflect the successful drilling campaigns and may include gold for the first time as a discrete model [19][20] Company Overview - Koryx Copper Inc. is focused on advancing the Haib Copper Project, which is a large, advanced copper/molybdenum porphyry deposit with a long history of exploration and development [28][29] - The current mineral resource at Haib is estimated at 511 million tonnes at 0.33% Cu and 51 ppm Mo in the Indicated category, and 308.9 million tonnes at 0.31% Cu and 40 ppm Mo in the Inferred category [29][30]

Core Insights - ONGold Resources Ltd. has initiated an infill sampling program at the Monument Bay deposit to recover previously unassayed tungsten and gold intervals, which could significantly enhance future resource estimates [2][4][8] - The current market price for tungsten oxide is reported at US$42,313 per metric tonne, indicating a rising global demand for tungsten [2][22] - Historical drilling has shown significant gold-tungsten intercepts, with many gold assays not previously analyzed for tungsten, highlighting the potential for resource expansion [5][21] Company Developments - The infill sampling program aims to analyze over 13,400 preserved sample pulps for tungsten, which are located within the modeled gold domain of Monument Bay [4][8] - CEO Kyle Stanfield emphasized the importance of this initiative in unlocking the full potential of the Monument Bay deposit, positioning it as a multi-commodity asset [8] - Historical data indicates that previous operators only assayed 10% of the split core for tungsten, suggesting substantial untapped resource potential [2][4] Industry Context - Tungsten is classified as a "High-Demand Critical Mineral" due to its unique properties and applications in various industries, including aerospace and medical [3] - North America currently lacks active primary tungsten mining operations, with China dominating over 80% of global production [22] - The Sisson Tungsten-Molybdenum Project in New Brunswick is one of the most advanced tungsten exploration initiatives in Canada, indicating a growing interest in tungsten resources [23]

Core Insights - Koryx Copper Inc. is advancing its Haib Copper Project in Namibia, with ongoing drilling and metallurgical testing indicating potential for improved resource estimates and reduced processing costs [4][5][10]. Drilling Progress - Currently, 6 drill rigs are active on site, with an additional 4 man-portable rigs expected to arrive in September, bringing the total to 10 [2][30]. - The company has completed 15,349 meters of the planned 28,000 meters for 2025, with ongoing drilling extending mineralization into previously modeled waste areas [7][30]. - Recent drill results include significant intersections such as HM75 with 927m at 0.24% Cu and HM72 with 52m at 0.32% Cu [7][26]. Preliminary Economic Assessment (PEA) - An updated PEA is scheduled for publication in September 2025, based on the existing mineral resource estimate (MRE) from October 2024, excluding recent drilling data [3][6][10]. - The PEA aims to reposition the Haib project as a large-scale, low-risk, low-cost conventional milling and flotation project, moving away from the previously considered bacterial heap leaching approach [10][12]. Metallurgical Testing - Ongoing metallurgical tests have shown consistent copper recovery results, with successful sorting and flotation tests indicating potential for significant pre-milling waste rejection [32][34]. - Coarse particle flotation tests have generated a discardable tailings stream of about 15% of the bulk flotation feed, which could reduce processing costs [34][35]. Resource Estimation and Geological Modeling - The company is re-logging historical drill core to develop a geo-metallurgical model, which will enhance the understanding of the correlation between copper grades and geological features [5][29]. - An updated mineral resource estimate is anticipated in H1 2026, following the completion of the current drilling program and geological modeling [11][12]. Infrastructure and Supply Studies - Studies for mine infrastructure have progressed, identifying optimal locations for processing plants, waste rock dumps, and tailings facilities [37]. - Power and water supply studies have identified feasible alternatives to support the mine's operational needs, with discussions ongoing with local utilities [38][39].

Core Viewpoint - Nova Pacific Metals Corp. has reported positive early results from its exploration drilling campaign at the Coronation area of the Lara VMS Project, indicating potential expansion of mineralization and alignment with the company's exploration model [1][3]. Group 1: Exploration Results - The company has completed 41 drill holes totaling 8,660 meters in its Phase 1 drill program, with results from 7 holes reported and 29 remaining [4][7]. - Drillhole NP25-005 intersected significant mineralization, including 11 meters grading 1.8 g/t AuEq and 4.3% ZnEq from 135 meters downhole [7][26]. - The results from the reported drillholes support the exploration model and are consistent with historical drilling data, providing validation for the historical dataset [11][13]. Group 2: Future Plans - Nova Pacific is targeting a current mineral resource estimate for Q4 2025, based on the verification of historical drilling data through its Phase 1 exploration program [13][21]. - The company is also evaluating additional high-priority targets within the 17-kilometer VMS belt on Vancouver Island, which remains underexplored despite favorable geology [14][15]. Group 3: Technical and Quality Assurance - All drill core is logged, photographed, and analyzed by ALS Canada Ltd., ensuring adherence to industry-standard quality assurance and quality control practices [17]. - The company has engaged Mineit Consulting Inc. to prepare an updated technical report for the Lara Project, under the supervision of qualified professionals [13][18].

Core Insights - Koryx Copper Inc. announced positive assay results from six drill holes totaling 1,808 meters as part of its Phase 2 drill program for the Haib Copper Project in Namibia, indicating higher copper grades than the average mineral resource estimate [2][4][25] - The company is encouraged by the geological findings, which suggest the presence of additional higher-grade mineralization in previously unrecognized structures, potentially enhancing the overall mineral resource estimate [3][12] Drilling Results - The Phase 2 drill program has completed six diamond drill holes, with results showing significant copper intersections, including 88 meters at 0.41% Cu and 228 meters at 0.34% Cu [4][14] - The drilling has confirmed the extension of higher-grade mineralization in various targets, with notable results from holes HM68, HM69, HM70, HM71, HM73, and HM74 [5][9][10] Geological Understanding - The geological mapping and core relogging efforts, supported by an international consultant, have improved the understanding of the mineralization at Haib, highlighting structural controls that may serve as excellent drill targets [10][12] - The mapping has confirmed the presence of northeast-dipping shear zones associated with higher-grade copper mineralization, which were previously unrecognized [11][12] Future Plans - Koryx plans to mobilize additional man-portable drill rigs to facilitate drilling in challenging terrain, with expectations to complete a total of 28,000 meters of drilling in 2025 [17][18][19] - The company remains confident in its ability to meet its drilling targets and advance the Haib Copper Project towards further development [19] Project Overview - The Haib Copper Project is an advanced-stage copper/molybdenum/gold project with a current mineral resource of 414 million tonnes at 0.35% Cu in the Indicated category and 345 million tonnes at 0.33% Cu in the Inferred category [25][26] - The project aims to establish a long-life, low-cost open-pit copper operation, with potential for additional copper production through heap leaching [24][25]