Core Insights - Gold prices have surpassed $4,000 per ounce for the first time, driven by inflation concerns and safe haven demand amid economic uncertainty [1] - Mining stocks have increased by 135% in 2025, benefiting from margin expansion and stabilized production costs [1] - Goldman Sachs has raised its gold price forecast to $4,900 per ounce by late 2026, citing strong demand from Western investors and central banks [2] Company Highlights - Rush Gold Corp. has shown significant momentum in its first 90 days as a publicly traded company, completing financing and strategic land consolidation in Nevada [3][5] - The company is advancing two properties in the Republic Mining District, a historically productive area for silver and gold [4] - The Skylight property, covering 330 acres, is believed to host a well-preserved epithermal gold-silver system, with previous drilling intersecting gold [5][6] Exploration and Development - Recent technical work at Skylight has validated the geological model, revealing a 1.2-kilometer alteration footprint indicative of significant mineralization potential [6] - The Walker Lane corridor has become a major exploration focus, with significant gold discoveries nearby, enhancing Rush Gold's strategic position [7][8] - Rush Gold has consolidated its district footprint through an option agreement for the Legal Tender property, which has shown high-grade mineralization potential [8] Financial Position and Future Plans - Rush Gold closed a private placement of $500,000, providing capital for targeted field programs [9] - Near-term work will focus on refining targets using ASTER satellite data and conducting follow-up at Legal Tender's historic workings [9] - The company aims to preserve capital while testing high-priority targets identified by previous operators [9] Industry Context - The surge in gold prices is attracting renewed attention to exploration projects in proven districts, with lower-grade zones becoming economically viable [10] - Nevada is recognized as one of the top mining jurisdictions globally, offering favorable conditions for mining operations [10]

Core Viewpoint - Vast Resources plc has successfully raised gross proceeds of £2,712,000 through a subscription and placing of new ordinary shares, aimed at enhancing its operational capabilities and financial support for ongoing projects [2][3]. Fundraising Details - The fundraising consists of a subscription for 60,571,428 new ordinary shares and a placing of 714,285,713 new ordinary shares at a price of 0.35p per share [2]. - The funds raised will be allocated for the primary beneficiation of diamond parcels, supporting a new technical team, and general working capital [3]. Admission and Share Capital - Applications will be made for the new ordinary shares to be admitted to trading on AIM, with the first admission expected around 19 June 2025 [4]. - Following the first admission, the total issued share capital will increase to 3,172,178,785 ordinary shares, with subsequent admissions raising it to 3,513,875,213 and 3,886,464,498 shares [6]. Company Overview - Vast Resources plc is an AIM-listed mining company with operations in Romania, Tajikistan, and Zimbabwe, focusing on advancing high-quality mining projects [9]. - The company owns the Baita Plai Polymetallic Mine in Romania, which has a JORC compliant resource report indicating a total mineral resource of 15,695 tonnes copper equivalent [10]. - In Tajikistan, Vast has a joint venture for the Takob Mine, providing a 12.25% royalty on sales, and is also managing the Aprelevka gold mines, aiming to increase production [13][14].