Core Insights - Newcore Gold Ltd. has reported significant drill results from its Enchi Gold Project in Ghana, highlighting high-grade gold mineralization at the Boin Gold Deposit, including the first visible gold encountered by drilling [1][3][10] - The ongoing 45,000-metre drill program aims to expand resources and confirm the continuity of gold mineralization at depth, with promising results indicating potential for resource growth [1][5][15] Drill Results - Diamond drill hole KBDD100 intersected 147.50 grams per tonne gold over 1.0 metre, marking the first visible gold found at the project [1][4][10] - Additional significant intersections include KBDD102 with 3.22 g/t Au over 17.0 m and KBDD101 with 1.26 g/t Au over 16.0 m [4][12][13] - The drilling program has tested high-grade shoots to a maximum vertical depth of approximately 312 metres, confirming the geological model and continuity of mineralization [9][14] Project Development - The Enchi Gold Project has an Indicated Mineral Resource of 41.7 million tonnes grading 0.55 g/t Au and an Inferred Mineral Resource of 46.6 million tonnes grading 0.65 g/t Au [22] - The project is advancing towards a Pre-Feasibility Study expected to be completed by the end of H1 2026, with ongoing development work including metallurgical and hydrogeological testing [15][16] Market Engagement - Newcore Gold has entered into an agreement with SRC Swiss Resource Capital AG for investor relations and communications services in Europe, effective January 2026 [17][18]

Core Viewpoint - Cygnus Metals Limited is focusing on resource growth at its Chibougamau Copper-Gold Project in Quebec, identifying high-priority gold drilling targets with significant potential for high-grade mineralization [2][4][10]. Exploration and Drilling Targets - The company has identified two high-priority drill targets, Gwillim and Joe Mann, both known for substantial high-grade gold mineralization and limited modern exploration [4][6]. - Gwillim Project, a joint venture with Alamos Gold, is located 12 km from the Chibougamau processing facility and has historical production of 39,000 ounces at a grade of 4.8 g/t [5]. - Joe Mann Project, located 46 km south of the processing facility, produced 1.2 million ounces at a grade of 8.3 g/t before its closure in 2007 and has an inferred resource of 0.7 million tonnes at 6.0 g/t [6][10]. Significant Intersections - Recent drilling at Gwillim has returned notable intersections, including: - 7.6 m at 38.1 g/t Au from 314.9 m [7] - 15.2 m at 9.4 g/t Au from 155.1 m [7] - 16.4 m at 8.3 g/t Au from 168.3 m [7] - At Joe Mann, significant intersections include: - 0.7 m at 480.2 g/t Au from 92.3 m [13] - 3.8 m at 20.8 g/t Au from 287.2 m [13] - 8.4 m at 6.3 g/t Au from 175.6 m [13] Resource Estimates - The current resource at the Chibougamau Project is estimated at 6.4 million tonnes at 3.0% CuEq for 193,000 tonnes CuEq (Measured & Indicated) and 8.5 million tonnes at 3.5% CuEq for 295,000 tonnes CuEq (Inferred) [6][10]. - The Golden Eye deposit has an indicated resource of 0.5 million tonnes at 5.6 g/t AuEq for 91,000 ounces AuEq and an inferred resource of 1.2 million tonnes at 4.6 g/t AuEq for 182,000 ounces AuEq [10]. Infrastructure and Strategic Position - The Chibougamau area has well-established infrastructure, including a processing facility with a capacity of 900,000 tonnes per annum, which is the only facility within a 250 km radius [11]. - This infrastructure provides a significant advantage for the development of copper-gold opportunities in the region [11].

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]

Core Viewpoint - 2025 was a transformative year for Dolly Varden Silver, marked by strategic capital allocation and a focus on growth, resulting in significant value creation for shareholders [1][2]. Financial Performance - Dolly Varden Silver's market capitalization increased from approximately $304 million in 2024 to $590 million in 2025, reflecting a growth of over 93% [4]. - The company raised CAD $63 million in 2025 and ended the year with a cash position exceeding CAD $60 million [4]. - Following the uplisting to the NYSE American on April 21, 2025, the share price appreciated more than 62%, enhancing liquidity and institutional visibility [4]. Strategic Growth Initiatives - The company expanded its land holdings more than six-fold, from approximately 15,000 hectares to over 100,000 hectares, positioning itself as a district-scale silver company [5]. - Strategic acquisitions included properties such as Kinskuch, Theia, and Red Cliff, enhancing the exploration potential in the Golden Triangle [5]. Exploration Achievements - A 56,131-meter drill program was completed, one of the largest in the company's history, yielding high-grade results such as 1,422 g/t silver over 21.70 meters at the Wolf Vein [6][20]. - The exploration results indicate significant mineralization continuity across the district, reinforcing the view that the area remains underexplored [7]. Merger and Future Outlook - A merger with Contango ORE was announced, creating a new North American high-grade silver and gold producer, enhancing growth potential and operational expertise [8][10]. - The combined company will have a market capitalization of approximately US$812 million (C$1.1 billion), improving trading liquidity and institutional ownership [15]. - The 2026 exploration plan aims for resource growth and new discoveries, with ongoing due diligence for further strategic M&A opportunities [10][11].

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.