Core Viewpoint - Callinex Mines Inc. has established a wholly-owned subsidiary, Osawi Gold Corp., to focus on advancing its gold projects in Manitoba, specifically the Gossan Hill and Island Lake Gold Projects, while maintaining its core operations in base and precious metals [2][3][17]. Group 1: Company Strategy - The formation of Osawi Gold Corp. aims to maximize the value of Callinex's high-grade gold exploration assets in Manitoba [3][17]. - The company intends to explore strategic initiatives that will enhance shareholder value without dilution [17]. - Osawi Gold Corp. is positioned to capitalize on the current and foreseeable gold market, creating prosperity for stakeholders [3][17]. Group 2: Gossan Hill Gold Project - The Gossan Hill Gold Project spans 2,935 hectares and includes the historic Gurney Gold Mine, which produced 25,164 ounces of gold at an average grade of 8.64 g/t from 1937 to 1939 [4][8]. - The project features a high silver-to-gold ratio of 2.86:1, indicating potential for significant silver production alongside gold [4]. - Historical drilling results show promising gold mineralization, with multiple gold zones identified within quartz veining along a 5km shear zone [6][8]. Group 3: Island Lake Gold Project - The Island Lake Gold Project covers approximately 40,000 hectares and has a significant potential for high-grade gold discovery [11]. - The project includes the historic Ministik deposit, which has a reported historic resource of 166,439 ounces of gold at a grade of 0.39 oz/ton (13.37 g/t) [13]. - There has been no exploration on the main vein of the Ministik deposit since 1987, indicating potential for future resource development [12][18]. Group 4: Community Engagement - Osawi Gold Corp. is committed to building a working relationship with the Garden Hill First Nation, emphasizing respect and alignment with community values [15][16]. - The company prioritizes responsible stewardship and aims to ensure that exploration activities align with the rights and aspirations of the First Nations [16].

Core Viewpoint - Callinex Mines Inc. has established a wholly-owned subsidiary, Osawi Gold Corp., to focus on advancing its gold projects in Manitoba, specifically the Gossan Hill and Island Lake Gold Projects, while maintaining its core operations in base and precious metals [2][3][9]. Group 1: Formation of Osawi Gold Corp. - The creation of Osawi Gold Corp. aims to unlock the potential of Callinex's gold assets and enhance focus on high-grade gold exploration in Manitoba [2][3]. - The subsidiary will allow Callinex to explore strategic initiatives that could deliver significant value to shareholders without diluting existing shares [3][18]. Group 2: Gossan Hill Gold Project Overview - The Gossan Hill Gold Project spans 2,935 hectares and includes the historic Gurney Gold Mine, which produced 25,164 ounces of gold at an average grade of 8.64 g/t from 90,500 tonnes of material [4]. - The project features a high silver-to-gold ratio of 2.86:1, indicating potential for valuable silver alongside gold [4]. - Historical drilling has shown promising results, with mineralization remaining open along strike and at depth, suggesting opportunities for resource expansion [6][9]. Group 3: Island Lake Gold Project Overview - The Island Lake Gold Project covers approximately 40,000 hectares and has a significant strike length of 72 km within the Island Lake Greenstone Belt, which has hosted historic gold mines [12][13]. - The project includes the Ministik deposit, which has a reported historic resource of 166,439 ounces of gold at a grade of 0.39 oz/ton (13.37 g/t) [14]. - Previous exploration efforts have indicated potential for high-grade gold and other critical minerals, with numerous occurrences of gold found within the project area [12][14]. Group 4: Strategic Initiatives and Community Engagement - Callinex is evaluating strategic initiatives to enhance the value of its gold projects, including fostering relationships with stakeholders [18]. - The company emphasizes the importance of building a working relationship with the Garden Hill First Nation, ensuring that exploration aligns with community values and priorities [16][17].

Vancouver, British Columbia – TheNewswire - August 21, 2025 –Nordique Resources Inc. ("Nordique" or the "Company") (CSE: NORD, OTCQB: NORDF, FSE: V0U) is pleased to announce the commencement of its 2025 Base-of- Till (BOT) drill program at the Isoneva Gold Project in central Finland. Highlights "Launching our first drill program at Isoneva is an exciting milestone," stated Sharyn Alexander, CEO. "With high grade boulder trains, strong geophysical anomalies, and a proven local technical team, we are systemat ...

Accessibility StatementSkip Navigation Taj Singh, CEO of FNM, comments: "We are encouraged by this first batch of results, with notable grade- width combinations seen in many of the gold intercepts. The identification of multiple parallel mineralized zones adjacent to the Central Zone (original discovery) is particularly compelling; not only does it build on cumulative strike length, but any future development could potentially be shared across the zones. The area around the Central Zone remains the only pa ...

Founders Metals Provides Exploration Update on Emerging Targets at Antino August 21, 2025 7:30 AM EDT | Source: Founders Metals Inc. Vancouver, British Columbia--(Newsfile Corp. - August 21, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces significant progress in its surface exploration program at the Antino Gold Project ("Antino" or "Project") in southeastern Suriname. The Company has completed extensive sampling at the Maria Geralda and Parbo targ ...

TORONTO, Aug. 21, 2025 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") is pleased to announce an updated Mineral Resource Estimate ("MRE") for its flagship White Gold project located approximately 95 km south of Dawson City in west-central Yukon, Canada. The updated mineral resource was initiated following recent new modelling for the Golden Saddle and Arc deposits, including optimization and reinterpretation of the gold bearing zones (Figure 2 & 3). The primary res ...

VANCOUVER, British Columbia, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) ("Xali Gold" or "the Company") is pleased to advise that the Company filed its audited annual financial statements, accompanying management discussion and analysis, and CEO and CFO certifications for the financial year ended March 31, 2025 (the "Annual Filings") in accordance with applicable Canadian securities laws on August 16, 2025. The Annual Filings are available both under the Company's profile at www.sedarplus.c ...

Pasofino Gold Engages Independent Trading Group to Provide Market Making Services Chief Executive Officer, Mr. Brett Richards, commented: "Given the tightly held and thin liquidity of Pasofino stock, having ITG to manage any large gaps between the bid and ask allows for daily momentum to be held, and share price momentum to be realized. We will discontinue this service once the stock picks up to normal trading dynamics as we look to progress the project through to an update feasibility study through the nex ...

Core Viewpoint - Radisson Mining Resources has filed a technical report for the O'Brien Gold Project, highlighting its high value and low capital costs due to the use of neighboring milling facilities [1][2]. Project Overview - The O'Brien Preliminary Economic Assessment (PEA) indicates a project that utilizes existing infrastructure, which reduces capital costs and development risks [2]. - The ongoing drill program aims to delineate new gold mineralization beyond the current Mineral Resource Estimate (MRE) [2]. PEA Highlights - The PEA was conducted by Ausenco Engineering Canada ULC, with contributions from InnovExplo, BBA Inc., and SLR Consulting [3]. - Key financial metrics include an after-tax Net Present Value (NPV) of $532 million, an Internal Rate of Return (IRR) of 48%, and a payback period of 2.0 years at a gold price of US$2,550/oz [7]. - Initial capital costs are estimated at $175 million, with sustaining capital of $173 million over the mine's life [7]. - The project is expected to have an 11-year mine life, producing 740,000 ounces of gold with an average recovery rate of 87% [7]. Financial Metrics - Cash costs are projected at US$861/oz, with an All-In Sustaining Cost (AISC) of US$1,059/oz, which includes a conceptual 30% toll milling margin [7]. - The project is characterized as capital efficient, with an NPV to initial capital cost ratio of 3.0 at the specified gold price [7]. - Average steady-state gold production is estimated at 70,000 ounces per annum, generating an average annual after-tax Free Cash Flow of $97 million during years 2-8 [7]. Company Background - Radisson Mining is focused on the O'Brien Gold Project, which is located in the Bousquet-Cadillac mining camp in Abitibi, Québec [14]. - The indicated mineral resources are estimated at 0.58 million ounces, with additional inferred resources of 0.93 million ounces [14].

Vancouver, British Columbia--(Newsfile Corp. - August 21, 2025) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) (FSE: X7W) ("Dryden Gold" or the "Company") is pleased to report results from its ongoing drill 2025 program on the Elora Gold System ("Elora"). The new results are from the Jubilee Zone ("Jubilee") and Jubilee Hanging Wall ("HW") shown in Figure 1. These drill results are part of the Company's fully funded 15,000-meter 2025 drill campaign targeting the Elora Gold System as well as regional targets ...