Core Viewpoint - Erdene Resource Development Corp. reported strong operational and financial results for the year ended December 31, 2025, highlighting the successful launch of the Bayan Khundii Gold Mine and ongoing exploration efforts in the Khundii Minerals District, positioning the company for future growth [2][3]. Financial Performance - The company produced and sold 7,434 ounces of gold and 2,634 ounces of silver in 2025, generating gross project revenues of US$31 million, with an average gold price of US$4,187 per ounce and silver at US$54 per ounce [5][9]. - The net loss for the year was US$8,181,842, a slight improvement from a net loss of US$8,245,886 in 2024 [14]. - Exploration and evaluation expenses increased to US$2,448,232 in 2025 from US$1,852,642 in 2024, primarily due to expenditures related to the Tereg Uul property [14]. Operational Highlights - Construction of the Bayan Khundii Gold Mine was completed in Q3 2025, with the mine designed to process 650,000 tonnes of ore and produce up to 85,000 ounces of gold annually [9]. - The mill achieved up to 88% of nameplate throughput in December 2025, with direct construction costs totaling US$120 million, approximately 20% within the project budget [9]. - The company advanced its wholly owned projects, including an updated independent mineral resource estimate for the Zuun Mod Molybdenum-Copper project, confirming it as one of Asia's largest undeveloped projects [3][9]. Exploration and Development - Recent exploration at the Dark Horse area expanded gold mineralization, with notable intersections including 9 g/t gold over 19 meters and 28.7 g/t gold over 3 meters [9]. - The company entered an option agreement to acquire up to 80% of the Tereg Uul Copper-Gold Project, located approximately 10 km southwest of the Oyu Tolgoi deposit [14]. - A preliminary economic assessment for the Zuun Mod project is planned for completion in mid-2026 [14]. Community Engagement - Approximately 40% of site personnel are residents of Bayankhongor province, and 14% of direct employees are female, reflecting the company's commitment to local community development [9].

Core Viewpoint - Tincorp Metals Inc. has entered into a share purchase agreement to acquire the Santa Barbara Gold-Copper Project in Ecuador, which is expected to enhance its resource portfolio and create value for shareholders [1][2]. Project Overview - The Santa Barbara Gold-Copper Project is located in the Zamora-Chinchipe Province of southeastern Ecuador, approximately 76 kilometers east of Zamora, with a valid environmental permit for exploration and drilling across six concessions covering 52 square kilometers [3][4]. - The project is situated near several significant mining operations, including Silvercorp's Condor Project and Lundin Gold's Fruta Del Norte Mine [4]. Historical Mineral Resource Estimate - The latest mineral resource estimate from 2021 indicates an indicated resource of 39.8 million tonnes at an average grade of 0.83 g/t AuEq, containing approximately 859,000 ounces of gold [6]. - An inferred resource of 166.7 million tonnes at an average grade of 0.66 g/t AuEq is also reported, containing about 2.77 million ounces of gold [6]. Exploration History - Modern exploration at the project began in the late 1980s, with extensive drilling and surface programs conducted by various owners, totaling 22,027 meters of diamond drilling in 56 holes from 1999 to 2018 [12][15]. - The mineralized zone has dimensions of 1.2 km north-south and 500 m east-west, extending to a depth of over 500 m, and remains open in all directions [11]. Acquisition Details - Tincorp will acquire all shares of Santa Barbara Metals Inc. for a total consideration of C$6 million in common shares and US$13.5 million in cash, structured in four installments [18]. - The acquisition is subject to approval from the TSX Venture Exchange and requires shareholder approval due to its classification as a related-party transaction [19][32]. Future Plans - Following the acquisition, Tincorp plans to mobilize three drill rigs for a 10,000-meter phase 1 drill program to upgrade known mineralized zones and explore new targets [17][18]. - The company anticipates that the gold and copper resources at Santa Barbara can be expanded through continued exploration and drilling campaigns [17]. Financing - Tincorp has announced a concurrent private placement to raise up to C$16 million through the issuance of subscription receipts, which will convert into units consisting of common shares and warrants [22][23]. - The proceeds from the offering will be allocated to the Santa Barbara Project, cash payments to vendors, and general administrative expenses [28].

Core Viewpoint - Xali Gold Corp. has initiated work on the Pico Machay Gold Project following its acquisition, focusing on community engagement and preparing for technical field work and environmental studies to obtain drilling permits [1][2]. Company Overview - Xali Gold is a gold and silver exploration company targeting opportunities in the Americas, with a focus on advancing the Pico Machay project towards near-term production [10]. Project Acquisition - The acquisition of Pico Machay was completed on December 24, 2025, and the company has begun community engagement activities immediately after the acquisition [2][3]. Project Details - Pico Machay is located in a well-established mining area within the Southern Peru Epithermal Gold-Silver Belt, with a historical measured and indicated resource of 264,600 ounces of gold and an inferred resource of 446,000 ounces [4][6]. - The project has potential for low-cost open pit heap-leach operations, with previous studies conducted by Aquiline Resources indicating strong upside potential based on a long-term gold price of $700 per ounce [5][6]. Resource Estimation - Historical resource estimates at Pico Machay are based on prior data and reports, with a total of 154 reverse circulation holes drilled before 2009, and nine additional high-potential exploration targets remain untested [6][9]. Strategic Plan - Xali Gold's strategy for advancing Pico Machay includes detailed geological studies, environmental assessments, a new Preliminary Economic Assessment (PEA), and negotiating a 20-year community agreement [8].

Core Viewpoint - GoviEx Uranium Inc. has received overwhelming approval from its securityholders for a plan of arrangement with Tombador Iron Limited, leading to the formation of Atomic Eagle Ltd., aimed at advancing the Muntanga Project in Zambia [1][4][6] Group 1: Arrangement Details - Under the arrangement, Tombador will acquire all issued and outstanding Class A common shares of GoviEx, resulting in the creation of Atomic Eagle Ltd., which will be listed on the ASX [2] - The special resolution for the arrangement required at least 66⅔% approval from both GoviEx shareholders and securityholders, which was met with approximately 98.7% and 99.2% approval respectively [3][4] - Tombador shareholders also passed resolutions related to the transaction, including the issuance of shares to GoviEx shareholders and the name change to Atomic Eagle Ltd. [5] Group 2: Next Steps and Approvals - GoviEx plans to seek a final order from the Supreme Court of British Columbia to approve the arrangement, with a hearing scheduled for November 5, 2025 [6] - The closing of the arrangement is targeted for mid-November 2025, pending final court order, regulatory approvals, and other customary conditions [6]