Summary of Eldorado Gold and Foran Mining Conference Call Industry and Companies Involved - **Industry**: Mining, specifically gold and copper production - **Companies**: Eldorado Gold (NYSE: EGO) and Foran Mining (OTCPK: FMCX.F) Core Points and Arguments 1. **Transaction Overview**: Eldorado Gold and Foran Mining announced a combination to form a stronger gold and copper producer, enhancing growth and operational excellence [3][4][14] 2. **Financial Metrics**: The acquisition implies an equity value of approximately CAD 3.8 billion, with Foran shareholders receiving 0.1128 Eldorado shares per Foran share [4] 3. **Production Timeline**: Both companies have projects entering production in 2026, specifically Skouries in Greece and McIlvenna Bay in Saskatchewan [6][12] 4. **Production Capacity**: Skouries is expected to produce 140,000 ounces of gold and 67 million pounds of copper annually over a 20-year mine life, while McIlvenna Bay is 85% complete and on track for production [6][12] 5. **Financial Projections**: The combined company is expected to generate nearly $1.5 billion in free cash flow and over $2 billion in EBITDA by 2027, with a significant increase in gold equivalent production [8][12] 6. **Diversification**: The merger diversifies Eldorado's asset base, increasing exposure to copper, which is projected to account for approximately 15% of revenues in 2027 [9][12] 7. **Geographic Risk Mitigation**: The combination adds a second asset in Canada, enhancing geographic diversification and reducing risk [9][12] 8. **Sustainability Goals**: Both companies share sustainability priorities, including carbon reduction goals, and the combined company will focus on responsible mining practices [3][4] 9. **Upcoming Catalysts**: Key milestones include commercial production at Skouries and McIlvenna Bay in mid-2026, and the maiden resource for the Tesla Zone later in 2026 [13][14] Additional Important Information 1. **Market Positioning**: The merger positions the combined entity as a growth leader in the gold and copper sector, with a strong focus on cash flow generation and operational excellence [14][15] 2. **Exploration Potential**: The Tesla Zone at McIlvenna Bay represents a significant near-term expansion opportunity, with ongoing exploration expected to enhance the overall value of the operation [11][29] 3. **Risk Management**: The projects are fully permitted and financed, with execution risks largely mitigated, allowing for a smoother ramp-up to production [25][56] 4. **Cultural Alignment**: The management teams of both companies have a strong cultural fit, which is seen as a critical factor for the success of the merger [68][69] 5. **Future Growth**: Eldorado plans to continue investing in its existing operations in Turkey while expanding its footprint in Canada, indicating a balanced growth strategy across jurisdictions [65][66] This summary encapsulates the key points discussed during the conference call, highlighting the strategic rationale behind the merger, financial expectations, and operational plans for the combined entity.

Core Viewpoint - NexGen Energy Ltd. is partnering with Clearwater River Dene Nation and Métis Nation - Saskatchewan Local 39 to develop a 59-room hotel in La Loche, Saskatchewan, aimed at meeting regional accommodation demand and creating local employment opportunities [2][4]. Group 1: Project Overview - The hotel will include a conference center, restaurant, cultural heritage center, and playground, addressing the growing need for local accommodation due to the Rook I Project and other regional developments [1][2]. - The partnership model allows CRDN and MN-S Local 39 to become full owners and operators of the hotel upon its completion in July 2027, with NexGen providing financial backing [3][4]. Group 2: Economic Impact - The hotel project is expected to create 36 full-time local jobs and support additional businesses in retail, banking, and community services, enhancing economic activity in the region [1][5]. - The Rook I Project is projected to generate over 1,400 direct annual jobs during its construction and the first 11 years of production, contributing significantly to the local economy [5]. Group 3: Strategic Importance - The hotel is positioned as a central piece of local infrastructure that will host significant regional events, fostering long-term community benefits and economic resilience [5]. - NexGen's commitment to collaboration with Indigenous communities is highlighted as a key aspect of its operational philosophy, aiming for outcomes that extend beyond the immediate project [4][5].

Core Viewpoint - Discovery Silver Corp. has transitioned into a growing Canadian gold producer following the acquisition of Newmont's Porcupine operations, achieving significant gold production in 2025 and positioning itself for continued growth in 2026 [3][5]. Production and Financial Performance - In Q4 2025, the Porcupine operations produced 66,718 ounces of gold, contributing to a total of 234,702 ounces for the full year 2025 [1][4]. - The average realized gold price for the quarter was $4,157 per ounce sold [7]. - The company ended 2025 with approximately $410 million in cash and no debt, alongside a $250 million revolving credit facility (RCF) that remains undrawn [5][7]. Operational Highlights - The production in Q4 2025 increased by 6% from the previous quarter, driven by improved grades at Hoyle Pond and higher tonnes processed from Pamour [4]. - The company has 19 drills operating and anticipates releasing additional exploration results in the coming weeks [4]. Strategic Developments - The acquisition of the Porcupine Complex on April 15, 2025, has transformed Discovery into a significant player in the gold sector, with multiple operations in a renowned gold camp [3][6]. - The company has established a Resource Development Agreement with Taykwa Tagamou Nation to foster a cooperative relationship and support its operations [7].

VANCOUVER, British Columbia, Dec. 31, 2025 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to provide a year-end update on the Company’s ongoing activities designed to surface long-term value from the Goldstrike Oxide Gold Project (“Goldstrike”), Antimony Ridge discovery (“Antimony Ridge”) and the recently acquired Gage Critical Metals Project (“Gage”) in southwest Utah. Jon Gilligan, President & CEO of Liberty Gold, commented, “Earlier this year, ...

Core Viewpoint - Alkane Resources Limited has announced promising exploration results from the Storheden Deposit at its Björkdal Operation in Sweden, indicating significant potential for resource expansion and higher-grade ore production [1][4]. Exploration Results - The depth drilling at the Storheden Deposit has revealed gold-bearing quartz veins intercepted to a depth of 464 meters, more than doubling the previously tested depth of 200 meters [6]. - The drilling campaigns have extended the strike length of known mineralization to over 2.7 kilometers, with no indications of diminishing grade at depth [6]. - Significant assay results include 142.0 g/t gold over 0.60 meters and 34.3 g/t gold over 1.6 meters, showcasing the high-grade potential of the deposit [6][18][19]. Historical Context - The Björkdal deposit was discovered in 1983, with mining operations commencing in 1988. The mine has produced approximately 1.66 million ounces of gold since then [5][7]. - The current Measured and Indicated Mineral Resources at Björkdal are estimated at 20.35 million tonnes grading 2.14 g/t gold as of June 30, 2025 [6][7]. Future Plans - Alkane plans to recommence drilling in January 2026 to further define resources at Storheden and assess the potential for mining [27][28]. - The company will also continue exploration in the Eastern Extension area and the North extension of the Björkdal deposit, which shows no signs of diminishing gold endowment [29].

Prime Minister Carney’s government signed a deal with Ontario to remove duplication in environmental assessments as Canada pushes to develop resources and build projects more quickly https://t.co/MgwdNxbLrv ...

// Not for distribution to the United States newswire services or for dissemination in the United States // VANCOUVER, British Columbia, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Copper Quest Exploration Inc. (CSE: CQX; FRA: 3MX) (“Copper Quest” or the “Company”) is pleased to announce that it has completed its positive due diligence of the arms-length Option to Purchase Agreement (the "Agreement") dated November 7th, 2025 and previously announced November 14, 2025. The Agreement is with 0847114 B.C. Ltd. ("Privco" ...

Core Insights - Lelantos Holdings, Inc. has executed a Letter of Intent (LOI) to acquire the Little Giant Mine, a 100-acre block of patented mining claims in Arizona, marking the start of due diligence and agreement processes [1][5] Group 1: Acquisition Details - The LOI proposes the acquisition in exchange for 15 million restricted shares of Lelantos Holdings, contingent upon successful due diligence and a definitive agreement [3] - The Little Giant Mine has confirmed gold, silver, and copper mineralization, with veins mapped over nearly a kilometer and mineralized zones extending to at least 250 feet deep [2][3] Group 2: Strategic Value - Historical assessments indicate the property has significant resource potential, including native gold and gold-bearing copper-iron sulfides, with historically mined grades of 0.342 oz/t gold and over 2% copper [6] - The property also generates revenue through decorative and industrial stone sales, providing diversified income potential [3] Group 3: Management Perspective - The CEO of Lelantos Holdings emphasized the acquisition as a substantial opportunity to expand into hard-asset resource development, highlighting the property's historical production and geological fundamentals [4] - The acquisition aligns with the company's strategy to secure high-value, operationally viable assets aimed at enhancing long-term shareholder value [4] Group 4: Next Steps - Lelantos will initiate due diligence, including site sampling, title verification, environmental assessment, and validation of historical data, with plans to complete the definitive agreement within a 60-day exclusivity period [5][6]

Core Viewpoint - The Government of Canada's announcement of the second tranche of nation-building projects under Budget 2025 emphasizes infrastructure, clean energy, and resource-corridor development, which supports the unlocking of northern mineral potential and strengthens domestic supply chains [1][3]. Federal Support for Yukon Exploration - The Northwest Critical Conservation Corridor has been referred to the Major Projects Office (MPO), highlighting its potential to unlock vast deposits of critical minerals in the Yukon [2][7]. - The federal government is committed to advancing responsible resource development, with the Yukon identified as a region of national strategic importance [3]. - Infrastructure investments are aimed at linking clean electricity to LNG exports, enhancing energy security and operating conditions for Yukon projects [6]. Strategic Importance of Critical Minerals - The Yukon-B.C. Grid Connect is a key component of Canada's long-term energy and critical minerals strategy, aimed at increasing energy security and reducing reliance on diesel [8]. - The federal government prioritizes critical minerals as a strategic national priority, which supports new mineral development in the Yukon [5][8]. White Gold Corp.'s Positioning - White Gold controls a significant portfolio of over 20 properties in the White Gold District, which is expected to benefit from future infrastructure investments and regulatory coordination [9][10]. - The company's flagship project contains an estimated 1,732,300 ounces of gold in indicated resources and 1,265,900 ounces in inferred resources, with significant expansion potential [13]. - The Yukon is consistently ranked among the top global mining jurisdictions, enhancing the attractiveness of White Gold's exploration activities [14]. Future Exploration Plans - White Gold is advancing its fully funded exploration plans for 2025-2026, focusing on flagship assets and multiple prospective regional targets [11]. - The company aims to leverage the favorable environment for mineral exploration and development in the Yukon over the coming decades [11].

Group 1 - Rio Silver Inc. has granted a total of 2.2 million incentive stock options to its directors, officers, and consultants, with an exercise price of $0.29 [1] - The options have varying exercise periods: 1,060,000 options are exercisable within one year, 60,000 options within two years, and 1,115,000 options within five years from the date of grant [1] - The grant of these options is subject to the approval of the exchange [1] Group 2 - Rio Silver is focused on resource development, specifically in acquiring precious metal assets that are expected to generate near-term cash flow [2] - The company aims to support its exploration and development plans in a non-dilutive and shareholder-friendly manner [2] - The mining policies in Peru are described as supportive, contributing to ongoing investment and growth in the region [2]