Core Insights - Robex Resources Inc. achieved significant milestones in the December 2025 quarter, including the first gold pour at the Kiniero Gold Project, marking its transition to a multi-asset gold producer in West Africa [2][10][5] Group 1: Operational Highlights - The first gold pour at the Kiniero Gold Project occurred on December 21, 2025, with a total of 790 ounces produced, indicating successful project execution [10][11] - Nampala Gold Mine produced 11,028 ounces and sold 11,272 ounces of gold during the December 2025 quarter, contributing to a total FY25 production of 45,429 ounces [10][20] - The processing plant ramp-up at Kiniero is underway, with recoveries aligning with expectations and targets for nameplate capacity set for Q1 2026 [10][11] Group 2: Financial and Production Metrics - The total material mined during the December 2025 quarter was 2,534,890 tonnes, with a stripping ratio of 3.89, reflecting a 13.2% reduction from the previous quarter [26] - Ore processed increased by 16.2% to 582,618 tonnes compared to the September 2025 quarter, driven by improved plant availability [26] - The average head grade for the quarter was 0.68 g/t, a slight decrease of 1.4% from the previous quarter, while the gold recovery rate was 87.2% [26] Group 3: Merger and Strategic Developments - Robex secured overwhelming shareholder approval (94.54%) for its proposed merger with Predictive Discovery Limited, positioning the combined entity to become a mid-tier gold producer in West Africa [10][5][25] - The merger is expected to close in Q1 2026, subject to customary closing conditions, including regulatory approvals [27][33] Group 4: Community and Environmental Initiatives - The Kiniero Project contributed to local communities through CSR programs focused on education and social initiatives [14][20] - Robex maintained strong environmental, health, and safety performance, achieving over 6.3 million hours LTI-free since January 2024 [20][14]

Core Insights - Canada Carbon Inc. has completed a third drilling campaign at its Asbury Graphite Property, enhancing its resource evaluation and de-risking efforts [1][4] - The drilling program, which took place from November 4 to December 10, 2025, achieved 2,517 meters of drilling out of a planned 5,200 meters, contributing to a total of over 7,500 meters of core samples from previous campaigns [2][4] - The company aims to update its NI 43-101 resource report and complete a pre-feasibility study by June 30, 2026, following its maiden resource estimate of 4.14 million tons with an average grade of 3.05% Cg [4] Drilling Campaign Details - The recent drilling campaign focused on the Northeast and Southwest portions of the Asbury property, which is located near Notre-Dame-du-Laus, Quebec [1] - Historical data indicates that Asbury was an operational graphite mine from 1974 to 1988, producing high-quality concentrate [4] - The results from the Fall 2023 drilling campaign included significant graphite grades, such as 12.25% Cg over 22.50 meters [8] Future Plans and Expectations - The company is optimistic about the commercial potential of the Asbury project and its contribution to the local economy and Quebec's strategic mineral development efforts [4] - Canada Carbon is committed to maintaining high standards of social and environmental responsibility while developing its graphite deposits [13]

Core Viewpoint - Trilogy Metals Inc. is expanding its advisory and leadership teams to enhance oversight of the Upper Kobuk Mineral Projects following a US federal government investment aimed at advancing exploration and development in northwestern Alaska [1][2]. Management Team Expansion - The management team is being augmented to strengthen oversight of the joint venture with South32, which is crucial for accelerating mine permitting and project activities at Ambler Metals [2]. - Key management roles are being recruited to drive project execution as part of the 2026 program and budget for Ambler Metals [2]. New Appointments - Egizio Bianchini has been appointed as Strategic Advisor, bringing over 40 years of experience in metals and mining financial services, including leadership roles at Stifel GMP and BMO Capital Markets [3][6]. - Olav Langelaar has been appointed Vice President, Corporate Development, with over 30 years of experience in Canadian capital markets and international mining [8]. - Matthew Keevil has been appointed Vice President, Investor Relations and Business Development, with more than 20 years of experience in capital markets and investor relations in the mining sector [10]. - Kimberly Lim has been appointed Director, Corporate Communications, with over 15 years of experience in communications and investor relations for natural resources and technology companies [12]. Strategic Importance - The appointments are seen as a strategic step forward for the company, enhancing expertise in capital markets, mining operations, investor relations, and corporate communications [4]. - The expanded team is expected to facilitate the closing of the US government's investment and advance the UKMP as a key domestic source of critical minerals [5]. Company Overview - Trilogy Metals holds a 50% interest in Ambler Metals, which has a 100% interest in the UKMP located in the Ambler Mining District, known for its rich copper-dominant deposits [14]. - The UKMP hosts world-class polymetallic volcanogenic massive sulphide deposits containing copper, zinc, lead, gold, and silver, as well as high-grade copper and cobalt mineralization [14]. - The company aims to develop the Ambler Mining District into a premier North American copper producer while respecting local subsistence livelihoods [14].

BROSSARD, Quebec, Jan. 20, 2026 (GLOBE NEWSWIRE) -- G Mining Ventures Corp. (“GMIN” or the “Corporation”) (TSX:GMIN, OTCQX:GMINF) is pleased to provide its operational guidance for 2026 and 2027 regarding its 100%-owned Tocantinzinho Gold Mine ( “Tocantinzinho” or “TZ”) in the State of Pará, Brazil, together with a project update on its 100%-owned Oko West Gold Project (“Oko West”) in Guyana. Unless otherwise stated, all amounts are in U.S. dollars. 2026 & 2027 Guidance Highlights Gold production in 2026 is ...

Group 1 - Heliostar Metals Ltd is advancing its flagship Ana Paula project in Guerrero, highlighted by a positive Preliminary Economic Assessment (PEA) released in early Q4 2025 [1] - The PEA outlines total recovered production of approximately 875,000 ounces over a nine-year mine life, with mill feed averaging 5.37 g/t gold and an underground operation producing roughly 101,000 ounces per year at cash costs of approximately US$923 per ounce and all-in sustaining costs (AISC) of approximately US$1,011 per ounce [1] - At a gold price of US$2,400 per ounce, the PEA indicates a post-tax NPV5 of US$426 million, a 28% internal rate of return (IRR), and a payback period of 2.9 years, demonstrating strong leverage to higher gold prices [1] Group 2 - Management is progressing with engineering and metallurgical work, along with a 15,000-meter drill program aimed at upgrading inferred resources and extending high-grade and parallel panels [1] - A feasibility study is targeted for mid-2026, with the first underground production expected in 2028 [1]

Core Viewpoint - Xali Gold Corp. has successfully closed the acquisition of the Pico Machay Gold Project in Peru, which is at an advanced exploration stage and aims for near-term production [1][2]. Acquisition Details - The acquisition involved purchasing Minera Calipuy S.A.C., the owner of Pico Machay, from Pan American Silver Corp. and its subsidiary Aquiline Resources Inc. [1] - An initial cash payment of US$500,000 was made to finalize the acquisition, with total cash payments potentially reaching US$17 million over the next five years [2][4]. Payment Structure - The payment schedule includes: - US$1.5 million due on December 24, 2026 - US$1.5 million due on December 24, 2027 - US$4 million due on December 24, 2028 - US$3 million due on December 24, 2029 - US$4.5 million due upon the earlier of December 24, 2030, or the commencement of commercial production - An additional US$2.5 million contingent payment if mineral reserves exceed 1.25 million ounces [2][3][4]. Security and Guarantees - Payments are secured by Promissory Notes, a Share Pledge Agreement over Calipuy's shares, and a Mortgage Agreement over both Pico Machay and the Las Brujas II property [3]. - The Promissory Notes are guaranteed by Calipuy and Candente Gold Peru S.A.C., and do not accrue interest before maturity [3]. Project Potential - The historical resource estimate for Pico Machay was based on a long-term gold price of US$700 per ounce, indicating significant upside potential in the current gold price environment [2]. - The company plans to update the historical resource estimate and optimize previous engineering studies to advance the project towards production [2]. Mining Rights and Regulations - Calipuy holds 100% interest in 17 mining rights associated with the Pico Machay Project, all of which are in good standing and valid until 2039 if production has not commenced [5]. - There is a 1% Net Smelter Return royalty on the El Alcatraz 4 concession, which is perpetual and covers all metals [6]. Community Engagement - Xali Gold aims to engage with the local Santa Ana community to advance the Pico Machay Project under a mutually beneficial framework [10].

Core Viewpoint - OceanaGold Corporation has received final approval from the New Zealand government for the Waihi North Project, marking a significant milestone for the company and setting the stage for transformative growth in New Zealand [1][2]. Project Approval and Development - The approval allows OceanaGold to develop and operate the high-grade Wharekirauponga Underground mine, including necessary surface infrastructure, processing plant expansion, and a new tailings storage facility [2][5]. - The mining contractor has been selected for tunneling, with operations expected to begin in the first half of 2026 [3][10]. Exploration and Drilling - The permit includes an increase in exploration drill pads and a doubling of allowable drill rigs to six, facilitating accelerated drilling at Wharekirauponga in 2026 and beyond [4]. Economic and Community Impact - The development of the Waihi North Project is expected to provide significant gold production, investment, job creation, and economic benefits for surrounding communities and New Zealand [6][9]. - The project aims to extend the life of the Waihi operation and create substantial direct and indirect employment opportunities [9]. Project Timeline and Production - Early works and design activities are progressing, with the construction of a 5 km services trench initiated in Q3 2025, and completion expected by Q2 2026 [11]. - Gold production from the Wharekirauponga Underground mine is anticipated to begin in 2032, with first stope ore expected in 2033 [11].

Core Viewpoint - Aura Minerals Inc. has updated its growth outlook, projecting annualized gold equivalent production (GEO) to exceed 600,000 ounces, an increase from the previous estimate of 450,000 GEO, driven by recent acquisitions and project developments [2][4]. Group 1: Production Growth and Projects - The integration of high-quality assets, including MSG and the Era Dorada Project, is expected to significantly boost production capacity [2][4]. - The Borborema project is anticipated to fully ramp up, contributing to the increased production levels [2][4]. - The average production for Borborema in the first three years is based on the S-K 1300 Feasibility Study Report dated March 28, 2025 [3]. - MSG's production reference of 80,000 GEO is based on its performance in 2024 [3]. - Era Dorada's average production for the first four years is also derived from the S-K 1300 Feasibility Study dated December 08, 2025 [3]. - Matupá's average production for the first four years is based on the S-K 1300 Feasibility Study Report dated March 28, 2025 [3]. Group 2: Strategic Focus and Execution - The company's strategy since 2020 has been to grow production through greenfield projects and expansions, extend mine life through exploration, and enhance valuation via mergers and acquisitions [4]. - Aura Minerals has maintained a high dividend yield since 2021, indicating strong shareholder returns [4]. - The company achieved an average daily trading volume of US$30 million in November following its Nasdaq listing, reflecting improved market liquidity [4]. Group 3: Future Outlook and Development - Aura Minerals continues to advance its project pipeline and will provide updates as key milestones are reached [5]. - The company emphasizes that future production levels are preliminary and subject to uncertainties, including board approvals, permitting, and financing [4].

Core Viewpoint - Fortuna Mining Corp. has initiated a Processing Plant Expansion Options Study for the Séguéla mine in Côte d'Ivoire, aiming to enhance production capacity and capitalize on exploration successes [1][3][4]. Group 1: Expansion Study Details - Lycopodium Minerals Canada Ltd. has been selected to conduct the expansion study, reflecting Fortuna's confidence in their expertise and understanding of the Séguéla project [1][3][5]. - The study will assess options to increase the processing plant's throughput from the current capacity of 1.75 million tonnes per annum (Mtpa) to between 2.0 and 2.5 Mtpa, targeting over 200,000 ounces of gold production annually [4][5]. - The study is set to commence immediately, with completion expected in the second quarter of 2026 [6]. Group 2: Strategic Objectives - The expansion initiative aligns with Fortuna's strategic goal to maximize value from the Séguéla Mine and accommodate resource growth, including potential underground mineralization from the Sunbird deposit [4][9]. - The company aims to achieve approximately 500,000 ounces of annual gold equivalent production within the next three years, supported by ongoing projects like the Diamba Sud Gold Project in Senegal [3][4]. Group 3: Company Background - Fortuna Mining Corp. is a Canadian precious metals mining company with operations in Argentina, Côte d'Ivoire, Mexico, and Peru, focusing on sustainable practices and stakeholder relationships [8]. - The company recently reported an extension of the reserve life of the Séguéla mine to 7.5 years and is working on converting significant mineral resources into reserves [9].

Financial Data and Key Metrics Changes - Hudbay's adjusted EBITDA for Q3 2025 was $143 million, a decrease compared to the previous quarter primarily due to operational interruptions and lower sales volumes [8] - Cash generated from operating activities was $114 million, with operating cash flow before changes in non-cash working capital at $70 million [8] - Adjusted net earnings were $0.03 per share, after adjusting for various non-cash items [9] - Consolidated cash costs increased to $0.42 per pound, while sustaining cash costs rose to $2.09 per pound compared to the prior quarter [9][10] - Total liquidity at the end of the quarter was $1.04 billion, including $611 million in cash and cash equivalents [12] Business Line Data and Key Metrics Changes - Consolidated copper production was 24,000 tons and gold production was 54,000 ounces in Q3, lower than Q2 due to wildfire disruptions and temporary production interruptions in Peru [6][10] - Manitoba operations produced 22,000 ounces of gold, 800 tons of copper, 500 tons of zinc, and 102,000 ounces of silver, lower than the previous quarter due to wildfire evacuations [17] - Peru operations produced 18,000 tons of copper and 26,000 ounces of gold, with cash costs at $1.30 per pound, decreasing from the prior quarter [13][16] - British Columbia operations produced 5.2 thousand tons of copper and 4.8 thousand ounces of gold, with cash costs at $3.21 per pound, higher than the prior quarter [21][24] Market Data and Key Metrics Changes - The company faced mandatory wildfire evacuations in Manitoba and social unrest in Peru, impacting operations [4][13] - The Copper World project secured a strategic partnership with Mitsubishi, reducing future equity contributions and enhancing financial strength [5][25] Company Strategy and Development Direction - Hudbay aims to reduce long-term debt while reinvesting in high-return growth initiatives [4] - The company is focused on advancing the Copper World project towards a sanctioned decision in 2026 and first production in 2029 [5][26] - A threefold strategy is being executed in Snow Lake to enhance near-term production and extend mine life [27][30] Management's Comments on Operating Environment and Future Outlook - Management expressed pride in the team's resilience amid operational challenges and reaffirmed production guidance despite interruptions [10][14] - The fourth quarter is expected to be the strongest for copper and gold production in Peru, with confidence in achieving full-year guidance [15][50] - The company anticipates a significant increase in copper production from the Copper World project, enhancing its position as a major copper producer [31][32] Other Important Information - The company has submitted a business interruption insurance claim related to wildfire downtime [18] - Total capital expenditures are expected to be $35 million lower than originally guided, with deferrals to 2026 [10][11] Q&A Session Summary Question: Construction decision timeline for Copper Mountain - Management expects to complete the feasibility study and make a construction decision in mid-2026, with pre-construction spending planned [34][35] Question: Clarification on sustaining CapEx - Sustaining CapEx for 2026 is expected to be similar to this year's guidance, with some deferrals due to operational interruptions [38][39] Question: Impact of informal mining in Peru - Informal mining is not seen as a material impediment to permitting processes, though it complicates the social environment [40][41] Question: Performance of Copper Mountain - Management remains confident in the acquisition of Copper Mountain, noting ongoing optimization efforts despite recent challenges [44][46] Question: Confidence in Constancia's production - Management is confident in achieving high production levels at Constancia for the remainder of the year, supported by strong grades from Pampakancha [49][50] Question: Insurance claim related to wildfires - The company has good coverage for property and business interruption, but it is premature to provide a specific claim amount [55]