Accessibility StatementSkip Navigation TSX Venture Exchange: BSKFrankfurt Stock Exchange: MAL2OTCQB Venture Market (OTC): BKUCF Nikolaos Cacos, Blue Sky President & CEO commented, "Completing this Gap Analysis marks a significant strategic milestone for Blue Sky and IMSA. Our goal has always been to rapidly advance our first discovery at the Amarillo Grande project toward potential uranium production. This analysis focuses the remaining steps, providing an aggressive but systematic timeline and clea ...

Core Viewpoint - Tartisan Nickel Corp. has engaged Rodren Drilling Ltd. to conduct a drill program at its Kenbridge Nickel-Copper-Cobalt Deposit, aiming to advance the project towards an updated Mineral Resource Estimate and a Pre-Feasibility Study [1][2][3] Company Overview - Tartisan Nickel Corp. is a Canadian-based exploration and development company focused on critical metals, owning the Kenbridge Nickel Project, Night Danger Turtle Pond project, and Sill Lake Silver Property [4] Drill Program Details - The Phase 1 drill program will involve 3600 meters of diamond drilling across priority targets, focusing on converting Inferred resources into Measured and Indicated categories and exploring potential extensions of high-grade Ni-Cu mineralization at depth [2][8] - Mobilization to the Kenbridge site is scheduled for December 2025 [8] Contractor Engagement - The company has retained Rodren Drilling Ltd., a respected contractor with significant experience in Ontario's mining districts, marking an important milestone in advancing the Kenbridge project [3]

Vancouver, British Columbia, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce that it is advancing work toward the delivery of a Pre-Feasibility Study (“PFS”) on its 100% owned Berg Project, located in west-central British Columbia. While the Company has referenced ongoing PFS-level work in recent public disclosure, this news release marks the Company’s first detailed announcement describing the scope of the ...

Core Insights - Mayfair Gold Corp. reported its operating and financial results for Q3 2025, focusing on the Fenn-Gib gold project in Northeast Ontario [1][2] - The company completed a $40 million LIFE Offering to fund the advancement of the Fenn-Gib project, including permitting and engineering [2] - A Pre-Feasibility Study (PFS) for a 4,800 tpd open pit operation is underway, with completion expected in Q4 2025 [2][8] Financial Highlights - For the three months ended September 30, 2025, the company reported a loss of CAD 2,241,177 compared to CAD 1,434,837 in the same period of 2024 [7] - The loss per share for Q3 2025 was CAD 0.02, an increase from CAD 0.01 in Q3 2024 [7] - As of September 30, 2025, cash and cash equivalents totaled CAD 41,814,681, significantly up from CAD 9,534,129 a year earlier [7] Project Development - The Fenn-Gib project hosts an Indicated Resource of 181.3 million tonnes grading 0.74 g/t Au, equating to 4.3 million contained gold [8] - A confidence drilling program commenced in October 2025 to refine waste to ore boundaries and enhance grade profile confidence [2] - Formal provincial permitting activities for the project are expected to start in early 2026 [2] Corporate Governance - During the Annual General and Special Meeting on September 4, 2025, shareholders approved the re-election of board members and a new 10% rolling Omnibus Incentive Plan [6]

Core Viewpoint - West Red Lake Gold Mines Ltd. has initiated a fully funded infill and conversion drilling program at its 100% owned Rowan Project, aiming to enhance resource confidence and support future economic studies [1][3]. Summary by Sections Project Overview - The Rowan Project is located in the Red Lake Gold District of Northwestern Ontario, Canada, and is projected to produce 35,000 ounces of gold annually according to the Preliminary Economic Assessment (PEA) [1][3]. - The company aims to increase the combined production rate to up to 100,000 ounces per year in the coming years through successful permitting and development [3]. Drilling Program - The drilling program will consist of 5,000 meters of HQ diameter diamond drilling, focusing on infill drilling on Veins 001 and 004 and conversion drilling on Veins 006b and 013 [5]. - Approximately 63% of the tonnes and 72% of the ounces in the PEA are already classified as Indicated resources [5]. Economic Assessment - The PEA indicates robust preliminary economics for an underground mine at Rowan, with an average grade of 8.0 grams per tonne gold over a 5-year mine life [5]. - The combined Pre-Feasibility Study (PFS) is expected to be completed by Q3 2026, establishing a valuation benchmark for the total Red Lake assets [4]. Permitting and Regulatory Framework - The new One Project, One Process permitting framework in Ontario is anticipated to expedite the permitting process for projects like Rowan [4]. - The Advanced Exploration permit is targeted for approval in 2027, which is crucial for bulk sample extraction [5]. Resource Potential - The Rowan resource comprises 26 domains with multiple parallel veins, with significant potential for resource expansion and upgrade [7][10]. - The highest-grade intercept recorded at Rowan was 70.8 g/t gold over 8.3 meters, indicating potential for deeper mineralization [10]. Historical Context - Previous drilling campaigns primarily focused on visible gold in quartz veining, often neglecting surrounding rock, which may have led to an underestimation of the resource [9]. - The 2025 drilling program aims to fill gaps in historical data and reassess the potential of Veins 006b and 013 for mine design [9]. Company Background - West Red Lake Gold Mines Ltd. is focused on advancing its flagship Madsen Gold Mine and the associated land package in the Red Lake district, which has historically produced over 30 million ounces of gold [23].

Core Viewpoint - Mayfair Gold Corp. has filed an updated technical report for the Fenn-Gib Gold Project, reflecting a significant increase in the gold price assumption and a corresponding adjustment in the mineral resource estimate [1][2]. Group 1: Technical Report Details - The updated technical report is titled "National Instrument 43-101 Technical Report – Mineral Resource Estimate Update Fenn-Gib Project, Ontario, Canada" and is available on SEDAR+ [1]. - The effective date of the updated mineral resource estimate is September 3, 2024, with the assay cut-off date for drill holes being April 30, 2024 [2]. - The gold price used in the updated report increased from US$ 1,765/oz to US$ 2,000/oz, leading to a reduction in the cut-off grade from 0.4 g/t Au to 0.3 g/t Au [2]. Group 2: Mineral Resource Estimates - The updated NI 43-101 open pit constrained mineral resource estimate includes a total Indicated Resource of 181.3 million tonnes containing 4.3 million ounces at a grade of 0.74 g/t Au, and an Inferred Resource of 8.92 million tonnes containing 0.14 million ounces at a grade of 0.49 g/t Au, based on a 0.30 g/t Au cut-off grade [4]. Group 3: Future Plans - The new technical report provides additional details on mineral processing and metallurgical testing, which will support the pre-Feasibility Study currently underway, expected to be released later in 2025 [2].

Core Insights - St. Augustine Gold and Copper Limited has engaged Stantec Consulting Ltd. and Independent Mining Consultants, Inc. to conduct a Definitive Feasibility Study (DFS) for the Kingking Copper-Gold Project, following positive Pre-Feasibility Study (PFS) results that indicate strong economic potential [1][4] Financial Metrics - The PFS indicates exceptional financial metrics for the Kingking Project, with a projected post-tax NPV (7%) of $4.18 billion and an IRR of 34.2%, alongside a payback period of 1.9 years [5] - The project is expected to have a mine life of 31 years, with an additional seven years for low-grade or stockpile milling, and average annual production in the first five years projected at 129,000 tonnes of payable copper and 333,000 ounces of payable gold [2][5] Project Development - The St. Augustine Board has approved the advancement to the DFS phase on an accelerated timeline, with Stantec overseeing the study to ensure compliance with relevant regulations [3] - The DFS is scheduled for completion in Q4 2026 and will optimize key recommendations from the PFS, including the development of a Project Execution Plan and procurement strategies [3][4] Strategic Outlook - The project is positioned to deliver significant value to shareholders and stakeholders, with management expressing confidence in the expertise of Stantec and IMC to optimize the project [4]

Core Insights - Oroco Resource Corp. congratulates Hudbay Minerals Inc. for its agreement with Mitsubishi Corporation, where Mitsubishi will acquire a 30% interest in Hudbay's Copper World project for US$600 million [1][2][3] - The transaction highlights the strategic importance and market demand for high-quality North American copper projects, supported by robust technical studies [2][3] - The Copper World project is valued at US$1.4 billion, indicating strong market interest in well-defined copper projects [3] Company Developments - Oroco is advancing its Santo Tomás copper project towards the Pre-Feasibility Study (PFS) stage, which shares characteristics with the Copper World project, such as being a large-tonnage, open-pit copper porphyry deposit [3][4] - The Santo Tomás project covers a total area of 6,121 hectares and is located in northwestern Mexico, with significant copper porphyry mineralization identified through extensive prior exploration [4][6] - Oroco has conducted a drill program at Santo Tomás, totaling 48,481 meters drilled in 76 diamond drill holes, leading to updated resource estimates and engineering studies [5][6] Market Context - The acquisition by Mitsubishi underscores the value of advancing open-pit copper deposits through critical stages of technical and economic definition, reflecting strong demand for critical minerals [2][3] - The Santo Tomás project is strategically located within 170 km of a deep-water port and is well-serviced by infrastructure, enhancing its development potential [6]

Corporate Structure and Financials - Carnaby Resources has 228.4 million shares on issue[13] - The share price is $0.39, resulting in a market capitalization of $89 million[13] - The company's cash position is $15.8 million[13] - Top 20 shareholders hold 42.5% of the shares, while the board and management hold 9.4%[13] Greater Duchess Copper Gold Project - Consolidated Greater Duchess resources increased by 27% to 27.0Mt @ 1.5% CuEq for 400,000t CuEq[23] - The Trekelano acquisition adds 5.2Mt @ 1.6% CuEq, containing 85kt CuEq (1.4% Cu, 0.4g/t Au)[24] Trekelano Resource Highlights - Inheritance has a JORC 2012 Mineral Resource Estimate of 2.9Mt @ 1.5% CuEq, containing 43kt CuEq (1.3% Cu, 0.3g/t Au)[28] - The Historical Underground Mine has a JORC 2012 Mineral Resource Estimate of 1.5Mt @ 2.0% CuEq, containing 29kt CuEq (1.7% Cu, 0.5g/t Au)[37] Project Development and Economics - The scoping study results (excluding Trekelano) show a 9-year production target of 7.5Mt @ 1.9% CuEq, containing 140kt CuEq[58] - The estimated pre-tax NPV7% is $437 million, with an undiscounted pre-tax net cash flow of $715 million and an estimated pre-tax IRR of 141%[58] - The estimated pre-production Capex is approximately A$35 million[63]

Group 1: Exploration and Discovery - The La Verde copper-gold porphyry discovery has expanded significantly, with mineralization confirmed over 1 km in length and up to 750 m in width, remaining open laterally and at depth [6][14][16] - Recent drill results include significant intercepts such as 389 m grading 0.4% Cu and 0.1 g/t Au from 4 m depth (DKP030) and 286 m grading 0.3% Cu and 0.1 g/t Au from 4 m depth (DKP027) [6][20][14] - A phase-two expansion drilling program is planned to further explore higher-grade centers at depth, with regulatory applications for access already submitted [15][16] Group 2: Strategic Developments - The Costa Fuego Copper-Gold Project and Huasco Water Project have been registered for priority status by the Chilean Ministry of Economy, allowing for expedited administrative processes [2][29][31] - The company is advancing a strategic partnering process to secure qualified partners for funding and delivery of the Costa Fuego and Huasco Water projects, with BMO Capital Markets appointed as financial advisor [3][25][24] - New appointments to the board include Mr. Stuart Mathews as Non-Executive Chair and Mr. Alberto Cerda as Project Director, enhancing the leadership team's capabilities [7][34][32] Group 3: Financial Position and Expenditure - As of June 30, 2025, the company reported a cash position of A$5.2 million and expects an additional A$2.0 million from VAT reimbursements [26][27] - The operating expenditure for the quarter included A$3.3 million for exploration and evaluation, with A$1.7 million spent on exploration activities across La Verde and southern landholdings [27][28] - The company is exploring various funding opportunities, including royalties, streaming, and equity funding, to support its projects [28][10] Group 4: Technical Reports and Studies - An independent NI 43-101 technical report for the Costa Fuego Copper-Gold Project has been filed, confirming no material differences from previously announced PFS results [35] - The Pre-Feasibility Study (PFS) indicates that funding of approximately US$1.27 billion will be required to achieve the outcomes indicated, including reaching the Definitive Feasibility Study (DFS) [10][5][4]