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].

Core Points - Rio2 Limited has participated in a non-brokered private placement of Royal Road Minerals Limited, purchasing 4,166,667 ordinary shares at $0.18 per share, totaling $750,000 [1] - Following this transaction, Rio2 now holds a total of 44,021,667 shares in Royal Road, representing approximately 15% of the issued and outstanding shares on a non-diluted basis [3] - The acquisition of shares is for investment purposes, and Rio2 may acquire additional shares or dispose of its holdings in the future, subject to the Investor Rights Agreement [4] Summary by Sections Investment Details - Rio2 acquired 4,166,667 shares of Royal Road at a price of $0.18 per share, amounting to $750,000 [1] - The purchase allows Rio2 to maintain its pro rata ownership in Royal Road and potentially increase its ownership interest up to 15% [2] Ownership Status - After the private placement, Rio2's total beneficial ownership in Royal Road is 44,021,667 shares, which is approximately 15% of the total shares [3] - Prior to this placement, Rio2 held 39,855,000 shares, also representing around 15% of Royal Road's shares [3] Company Profile - Rio2 is focused on mining operations and development, particularly the Fenix Gold Project in Chile, emphasizing environmental responsibility and sustainable practices [6]

Core Viewpoint - Abcourt Mines Inc. reported significant financial losses in the first quarter of 2025, with a net loss of CAD 7.52 million, primarily due to high costs associated with mining operations and administrative expenses [2][6]. Financial Results Summary - Revenues for the quarter ended September 30, 2025, were CAD 0, while costs of sales amounted to CAD 5,009,786, resulting in a loss from mining operations of CAD 5,009,786 [2]. - Administration expenses increased to CAD 1,416,858 from CAD 775,757 in the previous year, while care and maintenance costs decreased significantly from CAD 887,433 to CAD 29,288 [2]. - Exploration expenses were CAD 250,068, down from CAD 501,160 in the same quarter of 2024, and finance expenses rose to CAD 967,143 from CAD 136,415 [2]. - The net loss per share was CAD 0.01, compared to CAD 0.00 in the prior year [2]. Balance Sheet Overview - As of September 30, 2025, the company had cash reserves of CAD 594,357, a significant decrease from CAD 2,578,587 as of June 30, 2025 [2]. - Total assets increased to CAD 31,811,592 from CAD 21,408,153, while non-current liabilities rose sharply to CAD 28,029,185 from CAD 14,175,891 [2]. - Shareholders' equity showed a negative balance of CAD 5,488,044, worsening from CAD 599,534 [2]. - Working capital, a non-IFRS measure, was CAD 1,288,412, down from CAD 2,952,725 [2][3]. Operational Developments - During the quarter, Abcourt initiated the development of mining operations at the Sleeping Giant site, incurring various expenses related to infrastructure and staffing [6]. - The company began filling the mill's circuit with gold and completed phase 1 of the sleep camp and kitchen, which were commissioned on September 2 [6]. - Civil construction work was also executed at the tailing facility in preparation for winter and future operational lifts planned for Summer 2026 [6]. Market Engagement - Abcourt has engaged Red Cloud Securities Inc. for market-making services, pending approval from the TSX Venture Exchange, to enhance liquidity for its common shares [5][7].

Core Viewpoint - ESGold Corp. has increased the maximum gross proceeds of its non-brokered private placement from C$2.975 million to C$4.505 million due to strong investor demand [1] Group 1: Offering Details - The company plans to sell up to 5,300,000 flow-through common shares at a price of C$0.85 per share [1] - The offering is expected to close on or about December 8, 2025, subject to necessary corporate and regulatory approvals [4] - All securities issued will be subject to a statutory hold period of four months plus a day from the date of issuance [4] Group 2: Use of Proceeds - Proceeds from the offering will be used to fund exploration of the Montauban Property in Quebec [2] - The funds will qualify as "flow-through mining expenditures" under Canadian tax laws and will be renounced to purchasers with an effective date no later than December 31, 2025 [2] Group 3: Company Overview - ESGold Corp. is a fully permitted, fully funded, pre-production mining company focused on a clean mining model across North and South America [5] - The company's flagship project, the Montauban Gold-Silver Project, is under construction with production anticipated in 2026 [5] - ESGold is also advancing a joint venture in Colombia for tailings reprocessing and exploration [5]

Core Viewpoint - G2 Goldfields Inc. has successfully obtained shareholder approval for the spin-out of its non-core assets into G3 Goldfields Inc., a wholly owned subsidiary, through a plan of arrangement under the Canada Business Corporations Act [1][4]. Voting Results - A total of 190,251,811 G2 Shares were voted, representing approximately 74.03% of all outstanding shares [2]. - The election of directors received significant support, with J. Patrick Sheridan receiving 99.21% approval and Daniel Noone receiving 96.69% [3]. - The approval for the spin-out plan was overwhelmingly supported, with 99.96% of votes cast in favor [3]. Spin-Out Update - The final court hearing for the spin-out approval is scheduled for December 3, 2025, and the completion is expected in Q1 2026, pending regulatory approvals [4]. - G2 will transfer its interests in non-core assets to a Guyanese subsidiary of G3 and provide approximately C$15 million in cash to meet G3's working capital needs [5]. Share Distribution - G2 shareholders will receive one G3 Share for every two G2 Shares held as of the effective date of the spin-out [5]. - Only shareholders of G2 as of the close of business on the effective date will be entitled to receive G3 Shares, with no change in their holdings in G2 as a result of the spin-out [5]. Company Overview - G2 Goldfields focuses on finding and developing gold deposits in Guyana, with a history of discovering over 10 million ounces of gold in the Guiana Shield [7]. - The company announced an updated mineral resource estimate for the Oko property, highlighting significant inferred and indicated gold resources [7][11].

Market Overview - The U.S. stock market is closed on November 27, 2025, for Thanksgiving, following a strong performance midweek with major indexes extending their winning streak [1] - Major U.S. benchmark indices posted solid gains on November 26, 2025, with the Dow Jones Industrial Average rising 0.67%, S&P 500 advancing 0.69%, and Nasdaq Composite increasing by 0.82% [2] Investor Sentiment - The market's upward trajectory is attributed to increasing investor confidence in a potential Federal Reserve interest rate cut in December, with an 83% to 85% probability of a 25-basis-point reduction [3] - Positive sentiment is further supported by strong performance in the technology sector and a notable surge in the cryptocurrency market, particularly Bitcoin reaching $91,500 [3] Upcoming Events - The focus shifts to the abbreviated trading session on November 28, 2025, with no major economic reports scheduled for release [4] - The Federal Reserve's meeting on December 9-10 is significant, with expectations for an interest rate cut, supported by the "Beige Book" report indicating little change in economic activity [5] Market Projections - Major financial institutions, such as JPMorgan, project continued market strength, forecasting the S&P 500 to reach 7,500 by the end of 2026, with potential growth past 8,000 if aggressive rate cuts are implemented [6] - Anticipated earnings growth for U.S. companies is projected at 13% to 15% over the next two years [6] Corporate Developments - In the technology sector, Nvidia and Microsoft were key drivers of the midweek rally, with Nvidia rising 1.4% and Microsoft gaining 1.8% [8] - Alphabet's stock surged by 6.3% earlier in the week due to enthusiasm surrounding its new Gemini AI model, although it experienced a 1% dip on Wednesday [8] - Dell Technologies closed up 5.83%, while Oracle jumped 4% after a bullish view from Deutsche Bank [8] - Other notable movements included Teradyne Inc. rising 6.98% and Newmont Goldcorp Corp. gaining 4.93%, while Deere & Company fell 5.7% due to a downbeat forecast [9] Corporate Announcements - HP Inc. plans to cut 4,000 to 6,000 jobs globally by 2028 to streamline operations and integrate AI into product development [10] - Asahi Group Holdings Ltd. reported a cyber-attack potentially leaking personal information of over 1.5 million customers [10] - Wipro announced a strategic alliance to advance research in various AI technologies [11] - IMPACT Silver Corp. reported a 24% increase in Q3 2025 revenue, driven by higher silver prices [11] - Azad India Mobility saw a 240% jump in Profit After Tax for Q2 FY26 due to rising demand for electric mobility [11]

Core Insights - AngloGold Ashanti PLC (AU) and SSR Mining Inc. (SSRM) are benefiting from rising gold prices, which are currently above $4,153 per ounce, driven by safe-haven demand and geopolitical risks [1][2][11] AngloGold Ashanti Overview - AngloGold Ashanti has a diversified portfolio with operations in multiple countries, including recent acquisitions of Augusta Gold Corp and Centamin, enhancing its asset base [4][5] - The company reported a 17% year-over-year increase in gold production to 768,000 ounces in Q3 2025, with gold revenues surging 61.9% to $2.37 billion [6] - Projected gold production for 2025 is between 2.9-3.225 million ounces, indicating a year-over-year growth of 9-21% [7] - Despite facing higher operating costs, AU generated a record $920 million in free cash flow in Q3 2025, a 141% increase year-over-year [9] - The company is focused on its Full Asset Potential program to mitigate inflationary impacts and streamline operations [10] SSR Mining Overview - SSR Mining operates in the United States, Turkey, Canada, and Argentina, with the recent acquisition of the Cripple Creek & Victor mine, positioning it as the third-largest gold producer in the U.S. [13] - Total gold production for SSR Mining is expected to be in the lower half of 410,000-480,000 gold equivalent ounces for 2025 [15] - Operations at the Çöpler mine in Turkey are currently suspended, with reclamation costs expected to range from $250-$300 million for 2025 [16] - As of September 30, 2025, SSR Mining had a cash balance of $409 million and available liquidity of $909.3 million [17] Earnings Estimates - The Zacks Consensus Estimate for AngloGold Ashanti's 2025 earnings is $5.71 per share, reflecting a year-over-year growth of 158.4% [18] - SSR Mining's earnings estimate for 2025 is $1.84 per share, indicating a year-over-year jump of 557% [18] Stock Performance and Valuation - Over the past six months, AU stock has gained 105.5%, while SSRM has increased by 92.8% [20] - AU is trading at a forward 12-month earnings multiple of 13.88X, while SSRM is at 6.84X [21] Investment Outlook - Both companies are well-positioned to capitalize on the ongoing rally in gold prices, with AU showing stronger price performance and robust project pipeline [23][24]

Core Viewpoint - Westhaven Gold Corp. has appointed Ms. Kaeli Gattens as Vice President of Communications, effective December 1, 2025, to enhance its corporate and technical management team and to lead a new strategic communications program [1][2]. Company Overview - Westhaven Gold Corp. is focused on gold exploration and development, targeting high-grade epithermal gold mineralization within the Spences Bridge Gold Belt in southern British Columbia [4]. - The company controls approximately 61,512 hectares (about 615 square kilometers) across four gold properties in this underexplored region [4]. - The Shovelnose Gold project is the most advanced property, with a 2025 Preliminary Economic Assessment indicating an 11-year underground mining opportunity with an average annual production of 56,000 ounces of gold, a Cdn$454 million after-tax NPV at a 6% discount rate, and a 43.2% IRR based on base case parameters of US$2,400 per ounce gold and US$28 per ounce silver [4]. Leadership Background - Ms. Kaeli Gattens has nearly 15 years of experience in corporate communications, capital markets, and public affairs within the global metals and mining sector [2]. - Prior to joining Westhaven, she served as Vice President of Investor Relations at Yukon Metals Corp. and held senior roles at various companies including Goldcorp Inc. and Finning [2][3]. - Gattens holds a Graduate Diploma in Business Administration and a Bachelor’s degree in Political Science and Economics, and is certified in ProSci® Change Management [3].

Core Viewpoint - Stakeholder Gold Corporation has successfully filed assessments for 461 mining claims in the White Gold District of Yukon, Canada, extending the claim registration for an additional four years, with new expiry dates ranging from October 13, 2028, to April 13, 2036 [1][2][4]. Group 1: Claim Renewal and Exploration Strategy - The renewal of these claims is a crucial part of Stakeholder's long-term exploration strategy in the White Gold District, where the company holds a total of 930 contiguous mineral claims covering 17 km of the proposed Northern Gateway Road route [2][5]. - Following the assessment filing, the company plans to conduct further exploration work on its Ballarat claim block in 2026, aiming to extend the validity of ownership for all 930 contiguous claims through to 2036 [2][5]. Group 2: Land Position and Strategic Importance - The renewal of the claims reinforces Stakeholder's land position in the White Gold District, which is recognized as one of Canada's most active and geologically promising gold and copper districts [4][8]. - The company holds a strategic land position of 19,440 hectares, which is expected to support future discovery opportunities and enhance shareholder value through disciplined exploration and sustained land tenure [5][8]. Group 3: Additional Claims and Development - Stakeholder also maintains title to 10 claims covering 209 hectares within the Coffee Mining Camp, which is currently being developed by Fuerte Metals Inc., although no recent exploration work has been conducted on these claims [7]. - The company aims to uphold a strategic and value-accretive land position in the rapidly evolving White Gold District, despite the lack of recent exploration activities on these additional claims [7][8].

Core Insights - CopAur Minerals Inc. has contracted APEX Geoscience Ltd. to update the Kinsley Mountain geology and mineralization model, integrating results from approximately 20,000 meters of drilling conducted in 2020 and 2023 [1][2] - The Kinsley Mountain project currently has mineral resources of 418,000 indicated ounces at 2.63 g/t gold and 117,000 inferred ounces at 1.51 g/t gold, totaling 535,000 ounces [1] - The high-grade Western Flank Zone contains 302,000 ounces averaging 6.11 g/t gold, indicating significant potential for resource expansion [1] Exploration and Development - The recent drilling programs aimed at both new discoveries and expanding resources around the Main Pit, focusing on near-surface oxide exploration targets for potential heap leach recovery [2] - Notable near-surface oxide intercepts from the drilling include 9.83 g/t gold over 7.6 meters and 2.22 g/t gold over 25.9 meters, showcasing the project's exploration potential [8] Historical Context - Kinsley Mountain was last in production in 1998 when gold prices averaged around US$360 per ounce, and operations were suspended due to the previous operator's bankruptcy [3]