Core Viewpoint - Montage Gold Corp. has entered into a binding Scheme Implementation Deed to acquire African Gold Limited, enhancing its portfolio with the Didievi project in Côte d'Ivoire, which is expected to strengthen its operational footprint in the region [2][4][7]. Company Overview - Montage Gold Corp. is focused on becoming a premier African gold producer, with its flagship Koné project in Côte d'Ivoire expected to enter production in Q2-2027, boasting an estimated mine life of 16 years and annual production of over 300,000 ounces of gold in the first eight years [22]. - African Gold Limited is an Australian-listed exploration company with a portfolio of properties in Côte d'Ivoire, including the Didievi project, which has multi-million ounce potential [24]. Transaction Details - Montage will acquire all issued shares of African Gold not already owned, with an implied fully diluted equity value of approximately US$170 million [4][11]. - The exchange ratio for the acquisition is set at 0.0628 of a Montage common share for each African Gold share, representing a 54% premium to the 10-day volume weighted average price of African Gold shares [4][7]. - Existing African Gold shareholders, excluding Montage, will own approximately 7.8% of the combined company on a fully diluted in-the-money basis [4][11]. Project Insights - The Didievi project hosts an Inferred Resource of 12.4 million tonnes at 2.5 g/t Au, containing approximately 989,000 ounces of gold, with significant exploration upside identified [3][7]. - Montage has conducted a 40,000-meter drilling program at the Didievi project, resulting in an increase in the resource estimate for the Blaffo Guetto deposit from 452,000 ounces to 989,000 ounces of gold [3][6]. Strategic Implications - The acquisition is expected to enhance Montage's operational capabilities and project pipeline in Côte d'Ivoire, leveraging its established exploration, permitting, and construction expertise [7][8]. - The transaction is seen as accretive, building on the momentum to create a leading African gold producer and delivering value for stakeholders [8]. Next Steps - The transaction is subject to customary closing conditions, including shareholder approvals and regulatory consents, with a timetable indicating key dates for meetings and implementation expected by late April 2026 [19][20][23].

Core Insights - Kinross Gold (KGC) has shown resilience during recent market pullbacks, with a notable increase of approximately 50% since August 2025 [1] Company Overview - The analyst has been monitoring Kinross Gold since August 2025 and has observed its strong performance amidst market fluctuations [1] - The analyst holds a beneficial long position in KGC shares, indicating confidence in the company's future performance [2] Investment Strategy - The analyst employs a disciplined wheel options strategy, which has contributed to achieving an average annualized return of 46% over the past two years [1] - The structured approach to trading has helped minimize losses and maintain focus on long-term performance rather than short-term market movements [1] Research Philosophy - The analyst emphasizes the importance of thorough fundamental research and aims to provide clarity in analyses to assist readers in making informed investment decisions [1] - The goal is to help readers discover new investment opportunities and support their own due diligence efforts [1]

Core Insights - Kinross Gold (KGC) has shown resilience during recent market pullbacks, with a notable increase of approximately 50% since August 2025 [1] Company Overview - The analyst has been monitoring Kinross Gold since August 2025 and has developed a strong understanding of market dynamics and company fundamentals [1] - The investment strategy employed includes a disciplined application of the wheel options strategy, which has resulted in an average annualized return of 46% over the past two years [1] Investment Philosophy - The analyst emphasizes a structured approach to trading, focusing on long-term performance rather than short-term fluctuations [1] - The motivation for writing analyses is driven by a genuine interest in helping others navigate the market, rather than for recognition or financial gain [1]

Core Insights - Titan Minerals Ltd has reported positive drilling results from the Dynasty gold project in Ecuador, confirming that the mineral resource update is on track for Q1 2026 [1][4] - Infill drilling has consistently intersected predicted gold veins, enhancing confidence in the geological model and supporting an upgrade in resource categorization [1][6] - The company is also identifying porphyry-hosted mineralization, with recent drilling revealing broad zones of gold-rich porphyry mineralization, which could complement higher-grade gold with bulk-tonnage potential [3][9] Drilling Progress - The company plans to complete an additional 3,000 meters of drilling by the end of the year, primarily at the Cerro Verde prospect, which contains about two-thirds of the current resource base [2][8] - Infill drilling results have shown effective targeting of veins, which is crucial for the upcoming resource update [6][7] - Follow-up drilling into the porphyry zone, named Calipuy, is expected to continue into January 2026, with the system remaining open along strike and at depth [3][10] Partnership Developments - Due diligence by potential project partner Lingbao is progressing, with the company currently halfway through a 90-day exclusivity period [4][11] - Lingbao is conducting a second site visit to deepen technical evaluations and review infrastructure and nearby producing mines [4][12] - The aim of the partnership is to facilitate a project-level transaction for the Dynasty Gold Project [11]

Core Viewpoint - Caledonia Mining Corporation Plc has announced the decision to proceed with the Bilboes Gold Project following the completion and publication of the feasibility study [1] Group 1 - The company will host a remote presentation for analysts and investors on December 1, 2025, at 2:00 PM London time [2] - The presentation will include a question-and-answer session for participants [2]

TORONTO, Nov. 28, 2025 (GLOBE NEWSWIRE) -- Galantas Gold Corporation (the ‘Company’) is pleased to announce its unaudited financial results for the Quarter ended September 30, 2025. Financial Highlights Highlights of the third quarter 2025 results, which are expressed in Canadian Dollars, are summarized below: All figures denominated in Canadian Dollars (CDN$)Quarter EndedSeptember 30 20252024Revenue$0 $0<td style="max-width:1%; width:1%; min-width:1%;;border-t ...

Core Viewpoint - Galantas Gold Corporation reported its unaudited financial results for the third quarter of 2025, highlighting significant losses and operational challenges while maintaining a focus on safety and regulatory compliance [1]. Financial Performance - Revenue for the quarter ended September 30, 2025, was $0, consistent with the same period in 2024 [2]. - Total expenses for operations were $15,569, a decrease from $22,283 in 2024 [2]. - The net loss for the quarter was $5,004,687, compared to a loss of $740,629 in the same quarter of 2024 [3]. - The working capital deficit improved to $2,557,662 from $14,098,845 year-over-year [4]. - Cash at the end of the quarter was $19,943, down from $383,011 at the same time last year [4]. Operational Highlights - The company reported a cash inflow from operating activities before changes in non-cash working capital of $146,134, compared to $21,801 in 2024 [3]. - Concentrate sales provisional revenues for the third quarter of 2025 totaled US$566,000, slightly up from US$528,000 in the same quarter of 2024 [2]. Safety and Compliance - The company emphasized its commitment to safety, reporting a zero lost time accident rate since the start of underground operations [5]. - Environmental monitoring indicates a high level of regulatory compliance [5].

Core Insights - Serabi Gold plc reported strong financial and operational performance for the nine months ending September 30, 2025, with significant increases in gold production and profitability compared to the same period in 2024 [6][8][11]. Financial Performance - Gold production increased by 19% year-on-year, totaling 32,634 ounces compared to 27,499 ounces in 2024 [5][10]. - EBITDA rose by 95% to $48.2 million from $24.7 million in the previous year [5][11]. - Cash inflow from operations reached $34.3 million, an 88% increase from $18.2 million in 2024 [5][10]. - Earnings per share (EPS) increased by 96% to 46.10 cents from 23.55 cents in 2024 [5][10]. - The All-In Sustaining Cost (AISC) averaged $1,816 per ounce, a slight increase of 1% from $1,790 per ounce in 2024 [5][10]. Cash and Balance Sheet - The company ended the quarter with a cash balance of $38.8 million, up from $22.2 million at the end of 2024 [7][10]. - Net cash at the end of Q3-2025 was $33.0 million, compared to $16.2 million at the end of 2024 [12][10]. - Total revenue for the nine-month period was $104.5 million, compared to $70.3 million in 2024 [14]. Operational Highlights - Exploration and resource development drilling continued, with approximately 27,937 meters completed year-to-date, supporting the goal of increasing resources to the 1.5-2.0 million ounces range [9][11]. - The ore sorter at Coringa has been operational for nine months, processing low-grade ore and contributing to higher-than-expected gold production [13]. Future Outlook - The company remains on track to meet full-year guidance and is well-positioned for continued growth into 2026, supported by strong cash generation and a solid balance sheet [11].

Core Insights - Serabi Gold plc reported strong financial and operational performance for the nine months ending September 30, 2025, with significant increases in gold production, EBITDA, and cash inflow compared to the same period in 2024 [5][6][10]. Financial Performance - Gold production increased by 19% year-on-year, totaling 32,634 ounces for the nine-month period [4][8]. - EBITDA rose by 95% to $48.2 million, driven by higher gold prices and production volumes [4][6]. - Cash inflow from operations reached $34.3 million, an 88% increase from the previous year [4][6]. - Earnings per share (EPS) increased by 96% to 46.10 cents [4][9]. - The average gold price received was $3,244 per ounce, compared to $2,338 in the same period of 2024 [8][13]. Cost Metrics - All-In Sustaining Cost (AISC) averaged $1,816 per ounce, reflecting a slight increase of 1% from the previous year [4][15]. - Cash cost per ounce was $1,429, up from $1,405 in 2024 [15]. Cash and Balance Sheet - The company ended the quarter with a cash balance of $38.8 million, up from $22.2 million at the end of 2024 [6][8]. - Net cash at quarter-end was $33.0 million, an increase from $24.6 million in Q2 2025 [8][11]. Operational Developments - Exploration and resource development drilling continued, with approximately 27,937 meters completed year-to-date, aiming to increase resources to the 1.5-2.0 million ounces range [9][10]. - The ore sorter at Coringa has been operational for nine months, processing low-grade ore and exceeding production expectations [12]. Future Outlook - The company remains well-positioned for continued growth into 2026, supported by strong cash generation and a solid balance sheet [10].

Core Viewpoint - Great Pacific Gold Corp. has announced the approval of the spin-out of Walhalla Gold Corp., allowing shareholders to receive shares of Walhalla, which will own the Walhalla Gold Project in Victoria, Australia [1][2]. Summary by Sections Spin-Out Approval - Shareholders voted overwhelmingly to approve the spin-out of Walhalla Gold Corp. during a Special Meeting held on November 27, 2025 [1][2]. - The spin-out involves distributing one common share of Walhalla for each common share of Great Pacific Gold held by shareholders [2]. Stock Option Plan - An ordinary resolution to approve a stock option plan for Walhalla was also approved without amendment by the shareholders [3]. Court Approval and Record Date - Final court approval for the spin-out is scheduled for December 4, 2025, after which the official record date for shareholders to receive Walhalla shares will be set [3]. CEO Statement - The CEO of Great Pacific Gold expressed satisfaction with the progress made over the past six months in preparing for the spin-out, highlighting the benefits for shareholders in retaining exposure to a significant gold project [4]. Walhalla Gold Project Overview - The Walhalla-Woods Point Goldfield is a notable goldfield in Victoria, Australia, with an estimated total historic gold production of 2.2 million ounces (72.2 tonnes) at a gold grade of 25.3 g/t [5]. - The goldfield contains over 420 mines/workings and is located approximately 150 km east of Melbourne [5].