Core Insights - EnviroGold Global Limited has achieved significant results in Phase 3 testing of its NVRO Process™, indicating strong potential for commercial implementation and multiple revenue streams from precious and critical metals recovery [1][2][6]. Summary by Sections Test Results - The NVRO Process™ demonstrated a gold recovery rate of 99.55% and silver recovery of 98.96%, surpassing previous benchmarks [6]. - Gold concentration increased by 380% from 5.5g/t to 20.9g/t, while silver concentration rose by 602% from 92g/t to 554g/t [6]. - Base and critical metals in the pregnant leach solution (PLS) increased by 8% [6]. - The results showed a strong correlation with Andritz IDEAS simulation modeling, confirming the reliability and scalability of the NVRO Process™ [6]. Environmental and Economic Impact - The project is expected to reduce acid mine drainage potential by 86% through the reduction of pyrite content [7]. - The tailings facilities contain over 9 million tonnes of material with gross in-situ metal values exceeding US $3 billion, primarily in gold and silver [8]. - The reprocessing plan aims to produce 1.2 million tonnes of saleable precious metal concentrates and achieve a 14% reduction in on-site tailings volumes [7]. Future Development - The next phase, Phase 4, will focus on validating mass balance, recovery performance, project economics, and environmental outcomes at scale [9]. - Management emphasized the exceptional technical and economic potential of the NVRO Process™ and its environmental benefits [10]. Company Overview - EnviroGold is a clean-technology company focused on recovering high-value metals from mine waste while minimizing environmental liabilities [11]. - The NVRO Process™ aligns with global demands for sustainable metal supply and responsible resource management, operating under a capital-light technology-licensing model [11].

Core Viewpoint - EnviroGold Global Limited has successfully converted and retired approximately $10.2 million in debt, marking a significant milestone as it moves towards the commercialization of its proprietary NVRO Process™ [1][3]. Debt Conversion and Financial Position - The company fully converted $4,119,000 in Convertible Promissory Notes into 68,650,446 shares at $0.06 per share, with additional shares issued for interest and costs [2]. - The retirement of all convertible and promissory liabilities results in a clean balance sheet, positioning the company for future growth [3]. Insider Transactions - Two insiders converted a total of $100,000 in principal of the Notes into common shares, which is classified as a related-party transaction under MI 61-101 [3]. - The company is relying on exemptions from formal valuation and minority shareholder approval requirements due to the fair-market value of the securities issued not exceeding C$2,500,000 [3]. Corporate Matters - The company will issue 1,851,852 common shares at a deemed price of $0.135 per share as partial payment for an engagement fee to Cantor Fitzgerald Canada Corporation [4]. - An aggregate of 850,000 common shares will be issued to the estate of former director Harold Wolkin in recognition of his services [5]. Equity Awards and Incentives - The company issued conversion premiums totaling 1,271,405 shares at a deemed price of $0.15 per share in connection with the Note conversions [6]. - On November 6, 2025, the company granted 5,637,501 restricted share units (RSUs), 18,500,000 performance share units (PSUs), and 257,000 stock options to directors and officers as incentive compensation [8]. Performance Conditions - The Options are exercisable at $0.14 per share for five years and vested upon issuance, while RSUs will vest in tranches according to individual agreements [9]. - PSUs are tied to performance-based milestones, including revenue thresholds and volume-weighted average price (VWAP) targets [10]. Company Overview - EnviroGold Global Limited focuses on transforming the mining industry by recovering high-value metals from mine waste and tailings, utilizing its proprietary NVRO Process™ for efficient, low-carbon extraction [14].

Core Viewpoint - Baru Gold Corp. is actively engaging with local government and communities in Sangihe Islands to ensure transparent communication and alignment on resource management, economic development, and environmental protection [1][2][4]. Licensing and Regulatory Framework - The authority to issue mining licenses is solely with Indonesia's Central Government, which the Sangihe Regency fully accepts [5]. - Baru Gold has met all conditions necessary for approval of Production Operations as mandated by the Central Government, with preparations underway for operations [6]. Environmental Stewardship - Environmental protection is a core pillar of Baru Gold's operational strategy, with a valid environmental permit (AMDAL) and a comprehensive restoration plan approved by the Central Government [7][8]. - The company has placed a bond as a financial guarantee for environmental remediation, ensuring compliance with reclamation standards [9]. - The Board includes environmentalist Dr. Shidan Murphy, emphasizing the company's commitment to balancing environmental protection with development [10]. Economic Impact and Community Wellbeing - The local government supports economic growth opportunities, and Baru Gold is expected to become the largest employer on Sangihe Island, prioritizing local residents for hiring [12][13]. - The company will create business opportunities for local vendors and is already the largest taxpayer on the island, with anticipated revenue growth for infrastructure improvements [14][15]. - Both the Sangihe Regency Government and Baru Gold share objectives focused on balancing environmental protection with local economic and social interests [16]. Company Overview - The Sangihe Gold Project spans approximately 25,000 hectares, with only 10% explored, and is supported by an existing National Instrument 43-101 report for mining planning [18]. - Baru Gold holds a 70% interest in the Sangihe mineral tenement Contract of Work (CoW), with a 30-year agreement upon commencement of production [20]. - The company is positioned as a dynamic junior gold developer in Indonesia, leveraging extensive experience in small-scale gold asset operations [21].