TORONTO, Nov. 19, 2025 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") welcomes the Government of Canada’s announcement of the second tranche of nation-building projects under Budget 2025: Canada Strong. This new tranche in federal commitments across infrastructure, clean energy, and resource-corridor development – reinforces Canada’s long-term strategy to unlock northern mineral potential and strengthen domestic supply chains. Importantly, the Prime Minister confir ...

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]

Core Viewpoint - Cabral Gold Inc. has reported promising drill results from the PDM target in the Cuiú Cuiú Gold District, indicating the presence of high-grade gold structures and potential for resource expansion [3][4][7]. Group 1: Drill Results - Diamond drill hole DDH346 intersected 23.3m at 4.7 g/t gold from a depth of 57m, including high-grade intervals of 1m at 91.3 g/t and 1m at 8.1 g/t gold [7][12]. - The mineralized zone remains open at depth and along strike, suggesting continuity of high-grade mineralization [15]. - Previous drill results from the PDM target have shown significant gold grades, including 22.4m at 4.8 g/t and 18.0m at 2.5 g/t [9][10]. Group 2: Resource Expansion - Recent drilling has expanded the surface area of the gold-in-oxide mineralized blanket at PDM by 50%, from 0.26 km² to 0.39 km² [10]. - The company plans additional drilling to assess the size of the hard rock gold resource at PDM, which is located only 2.5km from the Central gold deposit [3][4]. - The PDM target is part of a larger northwest-trending gold-in-soil anomaly that has been traced for over 5km [5]. Group 3: Financial and Operational Context - The recent drill results follow the announcement of a US$45 million construction financing for Phase 1 operations at Cuiú Cuiú, aimed at heap leach processing of near-surface gold-in-oxide material [4]. - The company has a 100% interest in the Cuiú Cuiú gold district, which contains significant indicated and inferred resources [21][22].

 VANCOUVER, B.C. - TheNewswire - Baru Gold Corp. (BARU: TSX.V | BARUF: OTCQB) (“Baru”) and its subsidiary PT. Tambang Mas Sangihe (“TMS” or the “Company”) are pleased to report further progress in advancing its production readiness at the Sangihe Gold Project while awaiting approval for the upgrade to production operations.The Company has successfully completed a multi-week land and aerial survey in the Company’s concession area, combining drone-based LiDAR scanning with on-site ground measurements, to pro ...

Summary of Amaroq Minerals Ltd. Conference Call Company Overview - **Company Name**: Amaroq Minerals Ltd. - **Stock Symbols**: AMRQF (OTCQX), AMRQ (TSXV) - **Location**: Greenland, with operational bases in Iceland - **Market Capitalization**: Approximately $700 million Canadian dollars [21] Core Business Segments - **Focus Areas**: - Gold exploration - Critical minerals - Services related to mining - Development of hydroelectric facilities [2][3] Key Assets and Projects - **Nalunaq Project**: - A past-producing gold mine operational from 2003 to 2013, acquired in 2015 - Current resource: 484,000 ounces at 30 grams per ton, with an indicated resource of 150,000 ounces [4] - Potential for over 2 million ounces in exploration upside [4] - Current mine life estimated at 10 years, with plans to extend [5] - **Namakk Asset**: - High-grade gold discovery with potential to be larger than Nalunaq - Drilled 600 meters along a vein, with significant geological potential [7][8] - **Black Angel Mine**: - A past-producing zinc-lead-silver mine with a mineral resource of 4.4 million tons - Potential for significant resource expansion due to glacial retreat revealing more minerals [11] - **Hydroelectric Development**: - Plans to utilize local river resources to generate electricity, potentially saving $2 million annually [19][20] Financial Performance and Projections - **Current Production**: - 5,000 ounces of gold mined and sold by the end of Q3, ahead of expectations [21] - **Liquidity Position**: - $84 million Canadian in cash and $9 million in underwriting credit, net debt-free [22] - **Operational Costs**: - Expected operational expenditure (OpEx) of around $5 million per month post-capital expenditure (CapEx) completion [37] Strategic Initiatives - **Resource Expansion**: - Focus on increasing resources at Nalunaq and Namakk to generate healthy cash flow [32] - **Joint Ventures**: - Collaboration with JCAM and More Capital for exploration of copper and rare earth deposits [14] - **Service Company Development**: - Establishment of a service company to support mining operations and other players in Greenland [17][18] Regulatory Environment - **Regulatory Risks**: - Low compared to other regions, with efficient permitting processes and strong political support for mining [38][39] Upcoming Milestones - **Drilling Programs**: - Continued drilling at Nalunaq and Namakk, with plans to expand resources at Black Angel [41][42] - **Market Updates**: - Quarterly update scheduled for November 14, with further guidance expected in early 2024 [22][24] Shareholder Composition - **Investor Base**: - Over 90% long-only shareholders, including pension funds and sovereign wealth funds [25] - **Management Ownership**: - Management holds approximately 11% of the company [25] Conclusion - Amaroq Minerals Ltd. is positioned as a significant player in the Greenland mining sector, with a strong focus on gold and critical minerals, backed by a capable management team and a solid financial position. The company aims to leverage its assets and strategic initiatives to enhance production and resource growth in the coming years.

Turkey is discussing developing rare-earth reserves in western Anatolia with the US https://t.co/glNqdMIOpi ...

Summary of Vizsla Royalties Conference Call Company Overview - **Company**: Vizsla Royalties (OTCPK: VROY.F) - **Business Model**: Single asset royalty company holding a precious metals NSR royalty covering Vizsla Silver's Panuco project in Mexico [1] Industry Context - **Market Conditions**: Current all-time highs in gold prices and 15-year highs in silver prices at $42 per ounce [3] - **M&A Activity**: Recent precedent transactions in the royalty space suggest significant premiums, indicating a favorable environment for royalty companies [3][12] Core Project Insights - **Panuco Project**: - Considered the highest grade undeveloped silver primary resource globally [1] - If in production, it would be the third largest silver primary mine in the world [1] - Development stage with a Preliminary Economic Assessment (PEA) published in 2024, targeting first silver production in the second half of 2027 [2] - **Resource Base**: - Over 365 million ounces of silver equivalent identified, with only 30% of known targets tested [2][5] - PEA mine plan accounts for about 10% of known veins [2] - **Financial Position**: - Vizsla Silver has over $200 million in cash, no debt, and a project finance mandate for an additional $200 million [5] - Low capital expenditure (CapEx) hurdle of $224 million [5] Production and Exploration Potential - **Production Profile**: - PEA production profile indicates over 20 million ounces per annum in initial years [6] - Anticipated increase in resource estimates from 156 million ounces in the PEA to 222 million ounces in the upcoming feasibility study, representing a 43% increase at a 5% higher grade [6] - **Exploration Upside**: - Significant exploration potential exists as all 11 resource structures are open in every direction [8] - Recent discoveries, such as at Animas, support the potential for additional high-grade mineralization [9] Strategic Advantages - **Royalty Structure**: - Holds a 3.5% net smelter return (NSR) royalty and an additional 2% NSR on exploration concessions [3] - Right of first refusal on any additional royalties created by Vizsla Silver within 24 months [4] - **Non-Dilutive Growth**: - The royalty model allows for growth without the need for further capital outlay or dilution for shareholders [10] Valuation and Market Position - **Valuation Metrics**: - Current trading at approximately 1.1 times NAV, compared to acquisition multiples averaging around 1.6 times for similar companies [12] - Potential for re-rating as the project progresses and de-risks [12] - **Peer Comparison**: - Major royalty players trade at significant premiums, suggesting potential for Vizsla Royalties to be valued higher as the project advances [11] Conclusion - **Investment Thesis**: - Vizsla Royalties presents a compelling investment opportunity due to its high-quality asset, favorable market conditions, and significant exploration upside [13] - **Future Outlook**: - Anticipated milestones include the imminent feasibility study and expected permitting approvals, positioning the company for growth as it approaches production [10]

Core Insights - Element79 Gold Corp has secured a two-year extension of its drilling permit for the Gold Mountain Project, enhancing its exploration strategy in Nevada's Battle Mountain trend [1][2][3] Company Overview - Element79 Gold Corp is focused on the exploration and development of high-potential gold and silver projects, with significant activities in Nevada and Peru [9] Project Details - The Gold Mountain Project is a key asset for Element79, identified as drill-ready with multiple high-priority targets and significant gold mineralization potential [2][3] - A recent NI 43-101 Technical Report was completed and filed on September 3, 2025, compiling historic data to support further exploration [3] Strategic Importance - The permit extension allows the company to confidently advance its development strategy, aiming to build long-term value for shareholders [3]

Core Viewpoint - Altima Energy Inc. has successfully completed the acquisition of the Red Earth Property for CAD $1,050,000, enhancing its production capabilities and operational efficiency [1][3]. Group 1: Acquisition and Production - The Red Earth Acquisition is strategically located near Altima's existing assets, allowing for seamless integration and operational synergies [1]. - Following the acquisition, the company has commenced production from its collective assets, producing 5,126 barrels of oil (818 m³) in August [3]. Group 2: Workover Program - In August, Altima advanced its workover program, which successfully recommenced production in existing facilities and individual wells, leading to increased output and reduced operating costs [2][3]. Group 3: Financial Reporting - The company is in the process of completing its audited annual financial statements and related disclosures for the year ended February 28, 2025, but has faced delays due to technical issues [4]. - As a result of these delays, a cease trade order remains in effect, suspending trading in the company's securities [4]. Group 4: Company Overview - Altima Energy is focused on oil and gas exploration and production, aiming to unlock hydrocarbon asset potential across North America while maintaining a disciplined approach to asset management [5].

Group 1: Private Placement Details - iMetal Resources Inc. has closed a non-brokered private placement, issuing 10,720,999 units at a price of $0.105 per unit, resulting in gross proceeds of $1,125,705 [1][2] - Each unit consists of one common share and one transferable share purchase warrant, with warrants allowing the purchase of additional shares at $0.20 until August 29, 2027 [2] - The company will use the net proceeds for further exploration of its properties, potential new acquisitions, and general working capital [3] Group 2: Finder's Fees and Warrants - In connection with the offering, the company paid finders' fees of $46,606 and issued 483,770 non-transferable share purchase warrants to third parties who assisted in the placement [3] - Each finder's warrant is exercisable on the same terms as the regular warrants [3] Group 3: Stock Options - The company granted 1,000,000 incentive stock options to certain directors, officers, and consultants, which vest immediately and are exercisable at a price of $0.22 until September 4, 2030 [4] Group 4: Company Overview - iMetal Resources Inc. is a Canadian junior exploration company focused on resource properties in Ontario and Quebec, with its flagship property being the Gowganda West gold project [5] - The Gowganda West project has a recent discovery hole of 48.5 meters at 0.85 g/t gold, located near the Juby Deposit in the Abitibi Greenstone Gold Belt [5] - Other properties include the 220-hectare Ghost Mountain property and the Carheil project, which has multi-metal potential [5]