Core Insights - Newcore Gold Ltd. announced high-grade gold mineralization results from the Boin Gold Deposit at the Enchi Gold Project in Ghana, highlighting the potential for resource growth at depth [1][3][4] - The ongoing 45,000-metre drill program has successfully intersected significant gold grades, with notable results including 173.75 grams per tonne (g/t Au) over 1.0 metre and 3.54 g/t Au over 23.0 metres [1][5][9] - The drilling program aims to explore deeper mineralization, confirming that the Boin deposit remains open at depth and showcasing the high-grade potential of the project [3][4][12] Drilling Results - The recent drilling results include five diamond drill holes totaling 1,699 metres, with all holes intersecting gold mineralization [5][8] - Key results from the drill holes include: - KBDD098: 173.75 g/t Au over 1.0 m from 264 m - KBDD097: 3.54 g/t Au over 23.0 m from 253 m, including 6.92 g/t Au over 8.0 m from 256 m - KBDD088: 2.03 g/t Au over 16.5 m from 190 m, including 3.90 g/t Au over 4.0 m from 195 m [4][5][9] Geological Model and Exploration Potential - The drilling results continue to support the geological model, indicating potential for resource growth driven by higher-grade mineralization at depth [3][11] - The Boin Gold Deposit has only been tested to an average vertical depth of 100 metres, with significant portions of the gold-in-soil anomaly remaining untested [4][14] - The project is located in a region with other mineralized deposits, suggesting that Enchi may be underexplored and offers substantial upside potential [3][12][14] Project Development and Future Plans - The Enchi Gold Project is in its second phase of drilling, focusing on resource growth and discovery, with plans to advance to a Pre-Feasibility Study in H1 2026 [12][13] - Development work is ongoing, including metallurgical testwork and environmental assessments, to support the project's advancement [13][21]

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Core Insights - Liberty Gold Corp. announced positive results from its 2025 resource infill drilling program at the Black Pine Oxide Gold Project in Idaho, confirming the geological model of gold mineralization [1][4][6] Drilling Results - Recent drill results include 0.68 g/t Au over 24.4 meters and 0.81 g/t Au over 22.9 meters at Rangefront, and 0.61 g/t Au over 71.6 meters at Discovery [1][4] - The drilling program is ongoing, with 21 holes reported from Rangefront and approximately 30 additional holes pending results [7] Resource Growth and Feasibility Study - The infill drilling is converting Inferred resources to Indicated and is expected to enhance confidence in the resource model ahead of the Feasibility Study, which is projected to include around 40,000 meters of new drilling [6][8] - The Feasibility resource update is anticipated to be completed in early Q1 2026, with ongoing drilling expected to reach 33,000 meters by mid-December 2025 [6][8] Metallurgical Drilling - In addition to exploration drilling, metallurgical core drilling has been completed, with results expected in early 2026, contributing to the Phase 10 metallurgical program [8] Geological Model Validation - Drilling at both the Rangefront and Discovery zones has validated the resource model and improved confidence in the metallurgical classification, indicating potential for resource expansion [4][12]

VANCOUVER, British Columbia, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce additional drill results from the 45,000-metre drill program underway at the Company’s 100% owned Enchi Gold Project ("Enchi" or the "Project") in Ghana. Shallow Reverse Circulation ("RC") drilling at the Kwakyekrom Gold Deposit ("Kwakyekrom") intersected multiple zones of near-surface gold mineralization, including hole KKRC099 which intersected 1. ...

Core Insights - Fortuna Mining Corp. has reported successful exploration drilling results at the Sunbird Deposit, located at the Séguéla Mine in Côte d'Ivoire, indicating potential for resource growth and mine life extension [1][2]. Drilling Results - Recent drilling has extended high-grade mineralization at depth, confirming the development of a second underground shoot [1][2]. - Significant intersections include: - 5.2 g/t Au over an estimated true width of 6.3 meters from 787 meters in drill hole SGRD2460 [2]. - 6.0 g/t Au over an estimated true width of 11.9 meters from 669 meters in drill hole SGRD2461 [2][5]. - 7.3 g/t Au over an estimated true width of 16.1 meters from 688 meters in drill hole SGRD2434 [3]. - 19.2 g/t Au over an estimated true width of 1.4 meters from 688 meters in drill hole SGRD2434 [3]. - 57.9 g/t Au over an estimated true width of 0.7 meters from 702 meters in drill hole SGRD2434 [3]. - A total of 40 drill holes, totaling 15,088 meters, have been completed as part of the underground resource confidence infill and extension program [3][4]. Mineralization Potential - The mineralization remains open at depth and along strike, with ongoing drilling expected to continue through the end of 2025 [6]. - The main shoot's mineralization now extends more than 1.3 kilometers down plunge, approximately 700 meters below the surface [4]. - The second high-grade shoot has been identified extending at least 900 meters down plunge from the pit base [5]. Future Plans - An underground study has been initiated to further assess the high-grade strike defined below Sunbird, with five drill rigs continuing to advance drilling efforts [2][4].

Core Viewpoint - Fortuna Mining Corp. has reported successful exploration drilling results at the Sunbird Deposit in Côte d'Ivoire, indicating potential for resource growth and mine life extension through the discovery of high-grade mineralization at depth and the development of a second underground shoot [1][2]. Exploration Results - Recent drilling has extended the central mineralized zone by 150 meters down plunge, with significant intersections including 5.2 g/t Au over 6.3 meters from 787 meters in drill hole SGRD2460 [2][4]. - The lower shoot has been extended by 200 meters down plunge, with highlights including 6.0 g/t Au over 11.9 meters from 669 meters in drill hole SGRD2461 [2][5]. - A total of 40 drill holes, amounting to 15,088 meters, have been completed as part of the underground resource confidence infill and extension program [3]. High-Grade Intersections - Notable drill results include: - SGRD2434: 7.3 g/t Au over 16.1 meters from 688 meters, including 19.2 g/t Au over 1.4 meters [3]. - SGRD2444: 8.3 g/t Au over 11.9 meters from 448 meters [3]. - SGRD2452: 9.0 g/t Au over 5.6 meters from 658 meters, including 25.0 g/t Au over 1.4 meters [3]. - SGRD2460: 5.2 g/t Au over 6.3 meters from 787 meters [4]. - SGRD2461: 6.0 g/t Au over 11.9 meters from 669 meters [5]. - SGRD2470: 15.6 g/t Au over 5.6 meters from 483 meters [3]. Future Plans - The company has initiated an underground study to further assess the high-grade mineralization, with five drill rigs continuing to advance drilling aimed at expanding the mineralized envelope [2][5].

Core Viewpoint - Cygnus Metals Limited has reported significant exploration results from its Chibougamau Copper-Gold Project, indicating a strong potential for resource growth and development, particularly at the Cedar Bay and Corner Bay deposits [3][5][10]. Group 1: Exploration Results - The first drill hole at Cedar Bay returned a wide interval of 10.6m at 4.1g/t AuEq, including high-grade gold up to 29.1g/t AuEq [1][7]. - The Cedar Bay mine, historically a high-grade gold-rich site, remains open for further exploration, with current drilling targeting down plunge continuity [4][6]. - Additional results from Corner Bay include 3.1m at 4.9% CuEq, highlighting the potential for resource expansion in this flagship deposit [9]. Group 2: Resource Growth - Cygnus has increased its global resource by 29%, with the current Mineral Resource Estimate totaling 6.4Mt at 3.0% CuEq for 193kt CuEq (Measured & Indicated) and 8.5Mt at 3.5% CuEq for 295kt CuEq (Inferred) [3][6][30]. - The Cedar Bay resource contains 67koz at 8.1g/t AuEq (Indicated) and 205koz at 7.8g/t AuEq (Inferred), indicating significant growth potential [8][30]. Group 3: Infrastructure and Development - The Chibougamau area has established infrastructure, including a 900 ktpa processing facility, sealed highway, airport, and regional rail, providing a significant advantage for development [11]. - The processing facility is the only base metal processing site within a 250km radius, enhancing its strategic importance for future operations [11]. Group 4: Future Plans - The company is focused on continuing its exploration strategy to drive resource growth and conversion, aiming to advance the project towards development [10][15]. - Cygnus is utilizing innovative AI solutions to identify additional drill targets based on historical data, which is expected to unlock further potential in the region [6][10].

Summary of Cerrado Gold Conference Call Company Overview - **Company Name**: Cerrado Gold - **Stock Symbols**: CRDOF (OTCQX), CERT (TSXV) - **Main Operations**: Minera Don Nicolás in Santa Cruz, Argentina Key Points and Arguments Financial Performance - Investment of approximately **$40 million** in assets and a **$40 million** reduction in debt during the year [2][8] - Current cash balance of **$15 million**, expected to increase to between **$20 million and $25 million** by year-end [8] - Projected free cash flow of about **$50 million** at current prices [9][31] Production and Operations - **Minera Don Nicolás** produces an average of **55,000 ounces** of gold per year at an All-In Sustaining Cost (AISC) of about **$1,700** [2][4] - Ongoing surface exploration program of **20,000 meters** for the current year, with plans to increase to **50,000 meters** next year [4][5] - Underground development initiated to access higher-grade material, with expectations of profitable ounces starting in **November-December** [5][6] Project Development - **Lagoa Salgada** project in Portugal transitioning to a focus on precious metals, with expectations of **40%** precious metals based on feasibility pricing [6][23] - Anticipated completion of feasibility study for Lagoa Salgada by the end of the year, with construction expected to begin in the **third quarter of 2026** [24][38] - **Mont Sorcier** project in Quebec, a high-purity iron ore project, with feasibility expected by **2Q2026** [3][8] Market Position and Growth Potential - The company aims to maintain a **five-year production profile** at Minera Don Nicolás, with ongoing initiatives to demonstrate this by year-end [4][13] - Potential to grow production significantly, with a focus on underground resources that could enhance cash flow [17][18] - The market for high-purity iron ore is growing at **9-10%** annually, with a premium of about **$35** over conventional iron ore [7][8] Strategic Outlook - The company is positioned to drive cash flow and net asset value (NAV) without diluting shareholders [9][11] - Expected NAV growth from **$111 million** to **$258 million** with the construction of Lagoa Salgada, and up to **$2 billion** with Mont Sorcier [11][12] - Anticipated cash flows of **$75 million** from Lagoa Salgada by late **2027**, and up to **$500 million** by **2030** with Mont Sorcier [11][12] Risks and Considerations - Political risk in Argentina acknowledged, but the company has managed to operate effectively despite challenges [38][39] - The company is well-funded for project development, with minimal expected dilution for shareholders [36][37] Community and Environmental Considerations - Commitment to responsible tailings management and water use, with adherence to global standards [33] Additional Insights - The company has a significant land position of about **330,000 hectares** in Argentina, with much of it still unexplored [15][19] - The potential for substantial resource growth exists, particularly in areas adjacent to successful mining operations [20][21] This summary encapsulates the key points discussed during the conference call, highlighting Cerrado Gold's operational performance, strategic initiatives, and market outlook.

Core Insights - Asante Gold Corporation is focused on extending the mine life at its existing operations, particularly at the Bibiani and Chirano Gold Mines, through near-mine exploration initiatives in 2025 [1][2][3] Chirano Exploration - The company has allocated over $9 million from its $500 million financing initiative to accelerate near-mine exploration at Chirano and Bibiani [2] - Significant drilling results at Obra Underground confirmed the extension of a high-grade mineralized shoot, with the deepest hole returning an intercept of 27.71 meters grading 5.23 g/t Au [4][9] - Drilling at Suraw returned 18.26 meters at 3.60 g/t Au, indicating the area's underexplored potential [4] - The Magnetic Hinge deposit has advanced to the pre-feasibility study stage due to positive drilling results, suggesting a new source of shallow, easily mineable oxide material [5] - A total of 126 holes for 13,561 meters of drilling have been completed year-to-date 2025, representing 43% of the planned drilling for the year [9] Bibiani Exploration - Initial drill testing at the Little Mug and Pamunu prospects confirmed the presence of mineralized shear zones associated with sediments and intrusive host rocks [15][17] - Detailed geological mapping and rock chip sampling have led to the identification of several targets in the Yaro-Bredi Domain and the Asempaneye–Fawoman-SWT domain [16] - A total of 126 holes for 19,271 meters of drilling have been completed year-to-date 2025, with an additional 25,000 meters of RC projected for the first half of 2026 [19] Future Plans - Exploration efforts will continue to focus on upgrading resources, extending mineralized shoots, and identifying new targets at Chirano and Bibiani [7] - Approximately 15,000 meters of drilling is planned for the remainder of 2025 [7]

Core Viewpoint - Asante Gold Corporation is focused on extending the mine life at its existing operations, particularly at the Bibiani and Chirano Gold Mines, through significant exploration efforts and financing initiatives [1][2][3] Chirano Exploration - The company has allocated over $9 million from its $500 million financing initiative to accelerate near-mine exploration at Chirano [2] - Drilling at Obra has confirmed the extension of a high-grade mineralized shoot, with notable intercepts including 27.71 meters grading 5.23 g/t Au [4][9] - The first drill hole at Suraw returned 18.26 meters at 3.60 g/t Au, indicating the area's underexplored potential [4] - A total of 126 holes for 13,561 meters of drilling have been completed year-to-date 2025, representing 43% of the planned drilling for the year [9] Bibiani Exploration - Initial drill testing at the Little Mug and Pamunu prospects has confirmed the presence of mineralized shear zones, indicating successful early-stage discoveries [14][16] - Detailed geological mapping and rock chip sampling have led to the identification of several targets in the Yaro-Bredi Domain and the Asempaneye–Fawoman-SWT domain [15] - A total of 126 holes for 19,271 meters of drilling have been completed year-to-date 2025, with an additional 25,000 meters of RC projected for the first half of 2026 [18] Future Plans - Exploration efforts will continue to focus on upgrading resources, extending mineralized shoots, and identifying new targets at Chirano and Bibiani [7][18] - Approximately 15,000 meters of drilling is planned for the remainder of 2025 [7] - The company is excited about the potential impact of its exploration initiatives on the upcoming NI 43-101 Technical Reports, scheduled for release in April 2026 [4]