Core Insights - DPM Metals Inc. announced the results of a feasibility study for the Čoka Rakita project in Serbia, confirming robust economics for a high-margin underground mining operation with first quartile costs and a high rate of return based on a $1,900 per ounce gold price assumption [1][2][3] Feasibility Study Highlights - The feasibility study (FS) indicates an additional year of mine life and increased ounces in the initial years compared to the pre-feasibility study (PFS), resulting in improved net present value (NPV) [2][7] - The project is expected to have a 36% internal rate of return (IRR) at a gold price of $1,900 per ounce, with plans to advance permitting for mine construction start-up in early 2027 and first concentrate production anticipated in the first half of 2029 [3][30] - The FS is based on a mineral reserve estimate of 7.34 million tonnes at a grade of 6.44 grams per tonne, containing approximately 1.52 million ounces of gold [6][37] Economic Metrics - The project has a robust after-tax NPV of $782 million at a 5% discount rate and a payback period of 1.8 years [7][10] - Initial capital costs are estimated at $448 million, with an all-in sustaining cost of $644 per ounce of gold [7][22] - The project is expected to produce an average of 148,000 ounces of gold per year over its life, with higher production in the first five years averaging 189,000 ounces per year [17][7] Project Development and Infrastructure - The Čoka Rakita project benefits from established infrastructure, including nearby roads and power lines, and is strategically located near DPM's Chelopech mine [5][22] - The FS includes optimizations in the development layout and design, ground support, ventilation, and dewatering infrastructure to enhance operational efficiency [11][9] Permitting and Community Engagement - DPM has received approval to initiate the Special Purpose Spatial Plan for Čoka Rakita, marking a key permitting milestone [30][29] - The company aims to build strong partnerships with local communities and governments, planning to create over 500 jobs and develop training programs for local personnel [33][32] Mineral Resource and Reserve Estimates - The updated mineral resource estimate indicates a total of 7.34 million tonnes at 6.44 g/t gold, representing a 10% increase in tonnage and an 11% increase in contained ounces compared to the PFS [37][34] - The mineral reserves are classified as probable and are based on a cut-off grade of 2.5 g/t gold, reflecting the project's economic viability [36][41]

Core Viewpoint - Kenorland Minerals Ltd. is nearing the completion of its maiden Mineral Resource Estimate for the Regnault gold deposit within the Frotet Project in Quebec, which is expected to provide a significant valuation for the company's 4% NSR royalty on the project [1][3]. Group 1: Mineral Resource Estimate Details - The upcoming Mineral Resource Estimate will include data from 127,217 metres of drilling across 265 drill holes, marking the first formal quantification of high-grade gold mineralization discovered in 2020 [2]. - The MRE is being prepared by SLR Consulting (Canada) Ltd. and will comply with CIM Definition Standards as required under NI 43-101 [2]. Group 2: Project Overview - The Frotet Project spans 39,365 hectares in the Frotet-Evans greenstone belt and is adjacent to the Troilus Gold Corporation's past-producing Au-Cu mine, which has an indicated resource of 9.32 million ounces of gold [4]. - The Regnault gold system, a greenfields discovery made by Kenorland and Sumitomo in 2020, has undergone extensive exploration totaling 131,713 metres of drilling across 271 drill holes [5]. Group 3: Company Strategy and Position - Kenorland Minerals is focused on project generation and early-stage exploration in North America, utilizing systematic exploration strategies financed through partnerships [9]. - The company holds a 4% net smelter return royalty on the Frotet Project, which is operated by Sumitomo Metal Mining Canada Ltd. [9].

TORONTO, ON / ACCESS Newswire / November 26, 2025 / Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF)(FSE:Y2F) (the "Company" or "Lahontan") is pleased to announce that the Company has received approval from the Federal Bureau of Land Management ("BLM") for its maiden drill program at the West Santa Fe project, located only 13 km from Lahontan's flagship Santa Fe Mine project in Nevada's prolific Walker Lane. The BLM approved Lahontan's Notice of Intent ("NOI") for drill sites on unpatented lode mining claims loca ...

Core Viewpoint - Bullion Gold Resources Corp. has signed an acquisition agreement to obtain 100% rights to the Transterre, Transterre-Ouest, and Candore gold properties, now known as the Terragold Project, located in Abitibi, Quebec, which is expected to enhance the company's gold project portfolio in a region known for its gold potential [1][3]. Project Overview - The Terragold Project encompasses 36 mining cells over an area of 2,060 hectares, situated in a volcanic geological environment with significant gold and silver mineralization [2]. - Historical drilling has revealed gold zones over approximately 2,500 meters in length and to a depth exceeding 450 meters, indicating the mineralized zone remains open for potential extension [2]. Historical Context and Economic Potential - Historical exploration occurred when gold prices were around US$35-40 per ounce, limiting economic viability; however, with current gold prices exceeding CA$5,600 per ounce, the project now holds significant economic potential [3][10]. - The project is expected to undergo a complete reassessment due to the modernized economic context and higher gold prices [10]. Geological and Structural Insights - Mineralization is associated with a system of felsic dikes and quartz veins, with significant gold grades found in altered and quartz-veined zones [4]. - The mineralization is linked to the Uniacke Deformation Corridor, which is interpreted as an extension of major gold deposit zones, providing an excellent environment for gold precipitation [5][6]. Work Program and Future Plans - A comprehensive compilation of historical drilling data and 3D geological modeling will guide future exploration campaigns, allowing for precise visualization and analysis of mineralization [9][14]. - An initial drilling program is planned for winter 2026, focusing on reassessing the Terragold Project's potential according to modern exploration standards [9]. Financial Commitments and Agreements - The acquisition agreement includes specific cash payments, share issuances, and work expenditures over a three-year period to acquire full interest in the Transterre property [11]. - A 2% NSR royalty is granted to the prospectors, with a provision for the corporation to repurchase 50% of this royalty for CA$750,000 [11][15]. Additional Projects - The corporation has also obtained permits for drilling and trenching on the Cadillac-Extension project, with plans to establish a drilling program following laboratory results from a recent basal till survey [17]. Company Background - Bullion Gold Resources is a junior exploration company focused on gold and polymetallic projects in Quebec, holding interests in several projects including Bousquet, Cadillac-Extension, Terragold, and Bodo [19].

Prospector Continues to Expand Multiple High-Grade Gold Trends: TESS Zone Hole #32 Yields 7.29 g/t Au, 0.91% Cu over 14m and Skarn Ridge Zone Hole #24 Yields 2.04 g/t Au, 0.42% Cu over 27m Plus 4.33 g/t Au, 0.5% Cu over 19mNovember 26, 2025 7:00 AM EST | Source: Prospector Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - November 26, 2025) - Prospector Metals Corp.  (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) ("Prospector" or the "Company") today announced final assay results for 15 drill ...

Core Insights - Eldorado Gold Corporation has reported an increase in its Mineral Reserves and Resources as of September 30, 2025, with a 5% rise in Mineral Reserves and a 21% increase in Inferred Mineral Resources, reflecting successful exploration efforts and resource conversion [2][6][12]. Mineral Reserves Summary - The total Proven and Probable gold Mineral Reserves reached 12.5 million ounces, up from 11.9 million ounces in the previous year, marking a 5% increase [6][9]. - The Lamaque Complex saw a significant 25% increase in Mineral Reserves, contributing to the overall growth [2][8]. - The average mine life across operations is projected to be 13 years, with specific mine life estimates as follows: Kisladag Mine (13 years), Olympias Mine (16 years), and Skouries Project (20 years) [5]. Mineral Resources Update - Measured and Indicated Mineral Resources totaled 17.4 million ounces, reflecting a 5% decrease from the previous year, primarily due to depletion at Kisladag and Perama Hill [11]. - Inferred Mineral Resources increased to 8.2 million ounces, a 21% rise, driven by new resources identified at Bonnefond and Perama Hill [12][14]. Exploration and Growth Strategy - The company plans to continue investing in organic growth through exploration, focusing on extending mine life at existing operations and pursuing new discoveries in Canada and Turkiye [5][17]. - Successful resource conversion at the Lamaque Complex, particularly in the Ormaque and Triangle zones, has positioned the complex for long-term growth [4][13]. Detailed Changes in Mineral Reserves - The following changes in Mineral Reserves were noted: - Lamaque Complex increased from 1.3 million ounces to 1.6 million ounces, a change of 314, with significant contributions from Ormaque and Triangle zones [9][13]. - Kisladag increased by 11% to 3.9 million ounces, while Olympias saw a slight increase to 1.8 million ounces [8][9]. Financial Assumptions - The updated Mineral Reserves reflect a conservative gold price assumption of $1,700 per ounce, up from $1,450 per ounce in the previous year, indicating a resilient portfolio [2][6].

Cabral Gold Announces Closing of US$45.1 Million Gold Loan and Draw Down to Fully Fund Heap Leach Starter OperationNovember 26, 2025 6:30 AM EST | Source: Cabral Gold Inc.Vancouver, British Columbia--(Newsfile Corp. - November 26, 2025) - Cabral Gold Inc. (TSXV: CBR) (OTCQB: CBGZF) ("Cabral" or the "Company") is pleased to announce the completion of all transaction documents for the previously announced arm's length gold loan agreement and the receipt of the entire US$45.1M principal amount (t ...

Core Viewpoint - West Red Lake Gold Mines Ltd. has announced a fully funded infill drilling program at its Fork Deposit, which is positioned as a high-grade near-mine resource expansion target, aiming to integrate it into the production pipeline at the Madsen Mine [1][2]. Summary by Sections Company Overview - West Red Lake Gold Mines Ltd. is focused on advancing its flagship Madsen Gold Mine and holds a highly prospective land package in the Red Lake district of Ontario, which has historically produced over 30 million ounces of gold [23]. Drilling Program - The infill drilling program at the Fork Deposit will consist of approximately 3,000 meters of NQ diameter diamond drilling from the surface, targeting a shallow, high-grade zone of gold mineralization [6]. - The Fork deposit currently contains an Indicated mineral resource of 20,900 ounces grading 5.3 grams per tonne gold, with an additional Inferred resource of 49,500 ounces grading 5.2 grams per tonne [4]. Resource Potential - The Madsen Mine has a 1.5-million-ounce indicated resource that is open for expansion at depth, with several satellite deposits and untested exploration targets [2]. - The Fork Deposit is located just 250 meters from the Madsen Mine, offering a non-remnant zone of mineralization that could be accessed within a few months of development [2]. Historical Drilling Highlights - Significant historical drill results include Hole RUM-08-49, which intersected 13.05 meters at 13.97 grams per tonne gold, and Hole PDM04-318, which intersected 9.3 meters at 8.14 grams per tonne gold [7][10]. - The average thickness of the high-grade zone is conservatively estimated at approximately 2 meters based on existing core length intercepts [6]. Geological Context - The Fork deposit lies within two concordant shear zones, with gold distribution controlled by the intersection with ultramafic sills and iron formation units [14]. - The mineralized body is characterized by deformed quartz veins and is associated with hydrothermally altered rock controlled by shear zones [17]. Future Development Plans - The company is ready to pursue a hub-and-spoke growth model at Madsen, with simultaneous surface drilling programs at Fork and Rowan [2]. - The extension of underground development towards Fork will open significant exploration potential along the main structural trend from Madsen [6].

Core Viewpoint - West Red Lake Gold Mines Ltd. has announced a fully funded infill drilling program at its Fork Deposit, which is positioned as a high-grade near-mine resource expansion target, aiming to integrate it into the production pipeline at the Madsen Mine [1][2]. Summary by Sections Company Overview - West Red Lake Gold Mines Ltd. is focused on advancing its flagship Madsen Gold Mine and holds a highly prospective land package in the Red Lake district of Ontario, which has historically produced over 30 million ounces of gold [23]. Drilling Program - The infill drilling program at the Fork Deposit will consist of approximately 3,000 meters of diamond drilling from the surface, targeting a shallow, high-grade zone of gold mineralization [6]. - The Fork deposit currently contains an Indicated mineral resource of 20,900 ounces grading 5.3 grams per tonne gold, with an additional Inferred resource of 49,500 ounces grading 5.2 grams per tonne [4]. Resource Potential - The Madsen Mine has a significant indicated resource of 1.65 million ounces of gold grading 7.4 grams per tonne, with additional inferred resources [21]. - The Fork Deposit is located approximately 250 meters from the Madsen Mine, providing a strategic opportunity for near-term production integration [2][21]. Historical Drilling Highlights - Historical drilling at Fork has shown significant intercepts, including hole RUM-08-49, which intersected 13.05 meters at 13.97 grams per tonne gold [7]. - The drilling results indicate a high-grade core within the Fork resource, which has been prioritized for immediate advancement [2][4]. Geological Context - The Fork deposit lies within two shear zones, with gold distribution controlled by structural intersections with ultramafic sills and iron formation units [14][15]. - The mineralized zones at Fork have been drill tested over a 600-meter strike length and to a vertical depth of 375 meters, with thicknesses typically ranging from 1 to 5 meters [17].

Core Insights - Visible gold has been observed in two of the first thirteen drill holes, including a significant 30.8 metre interval drilled in the "A" and "RJ" zones [1] - The company is currently undertaking its first drill campaign at N2 since 2008, when Agnico drilled the "RJ" Zone, which previously identified high-grade intercepts as high as 51 g/t Au over 0.8 metres [1]