Core Points - Austral Gold Limited has issued 7,789,471 fully paid ordinary shares to an investor following the conversion of outstanding convertible notes [1][2] - The principal amount of the convertible notes was AUD$919,158 (approximately US$599,383) and convertible at AUD$0.118 per share [2] - The company plans to convert outstanding interest due under the notes into shares, which could result in an additional issuance of 1,025,077 shares, pending approval [3] Summary by Sections Share Issuance - The conversion of the principal amount resulted in the issuance of 7,789,471 shares, which are not subject to a statutory hold period in Canada [4] - If the interest conversion is approved, the total shares issued to the note holder will amount to 8,814,548, representing approximately 1.42% of the company's total issued shares [5] Financial Details - The convertible notes had a principal amount of AUD$919,158, convertible at a price of AUD$0.118 per share [2] - The outstanding interest due under the notes, amounting to AUD$120,959 (approximately US$78,877), will also be converted into shares at the same price [3] Company Overview - Austral Gold is focused on building a portfolio of quality gold and silver mining assets in the Americas, emphasizing production, exploration, and equity investments [6]

BEDFORD, NS / ACCESS Newswire / November 12, 2025 / Silver Spruce Resources Inc. ("Silver Spruce" or the "Company") is pleased to report that it signed an amending agreement with Colibri Resource Corporation ("Colibri") (TSXV:CBI) dated November 12, 2025 in respect of the proposed acquisition by the Company of Colibri's 50% interest in the Jackie Au-Ag Project located in Sonora, Mexico ("Project"). As previously reported in a press release dated May 14, 2025, Silver Spruce will own 100% of the Project upon ...

Core Insights - PPX Mining Corp. is making steady progress in the construction of its processing plant, achieving major milestones across all operational areas [1] Construction Progress - Civil works for the leaching zone have been completed, and tank installation is currently underway [1] - Crushing and milling components are nearing full assembly, with most equipment already on site [1]

Core Insights - Questcorp Mining Inc. has completed the first phase of drilling at the La Union gold and silver project in Sonora, Mexico, involving 12 diamond core holes totaling over 1,600 meters across six priority targets [1][3][7] - The exploration program is managed by Riverside Resources, which aims to validate the geological model and support the potential for a large-scale discovery [3][12] Drilling Details - Drilling targeted six areas: Union Mine, Union Norte, Cobre, Luis, Famosa, and Famosa Mag, with three past-producing mine areas evaluated for mineralization continuity [4][7][8] - The Union Mine area included three holes aimed at manto horizons and chimney structures, while the Famosa Mine area had four holes testing a dolomite manto target [5][6][7] - A total of over 700 half-core samples have been sent for assay, with results pending [7][10] Next Steps - Following the receipt of assay results, the company plans to integrate findings to refine the CRD model and prepare for a Phase 2 exploration campaign, potentially commencing in H1 2026 [12]

Core Insights - ESGold Corp. is positioned to capitalize on the increasing demand for gold and silver driven by the growth of artificial intelligence (AI) technologies [2][4]. Industry Overview - The demand for gold in technology applications reached approximately 326 tonnes in 2024, marking a 7% increase year-over-year, equivalent to about 10.5 million ounces [3]. - Silver is essential in photovoltaic cells and high-speed interconnects, while gold is crucial for corrosion-resistant connectors and high-reliability electronics [3]. Company Profile - ESGold Corp. is a fully permitted, preproduction resource company focused on clean mining and exploration innovation, with expertise in Quebec [5]. - The company's flagship Montauban property, located 80 kilometers west of Quebec City, is designed for responsible mining practices and aims for both near-term production and long-term growth [5].

Core Insights - The conference call is focused on the third quarter earnings for Americas Gold and Silver, highlighting the company's growth and financial performance [1][2]. Financial Highlights - The Chief Financial Officer, Warren Varga, will present the financial highlights for the quarter, indicating a structured approach to financial reporting [2]. Corporate Development - Oliver Turner, Executive Vice President of Corporate Development, will discuss significant corporate highlights, suggesting ongoing strategic initiatives within the company [2]. Growth Strategy - The company expresses confidence in its growth trajectory and the efforts made to achieve its goals during Q3 of 2025, emphasizing a commitment to operational excellence [4].

Core Insights - Bear Creek Mining Corporation reported its interim consolidated financial results for Q3 2025, highlighting operational challenges and financial losses [1][3][4] Financial Performance - Revenue for Q3 2025 was $22.5 million, with a comprehensive loss of $30.8 million, translating to a loss of $0.11 per share [4][21] - Adjusted earnings for the quarter were $(10.6) million, or $(0.04) per share, consistent with recent quarterly results [5][23] - Cash generated from operating activities was $(5.98) million, while cash used in investing activities was $(11.45) million, and financing activities generated $13.02 million [4][24] Production Highlights - The company produced 6,219 ounces of gold and 18,866 ounces of silver during Q3 2025 [5][6] - Total tonnes mined were 76,211, and tonnes processed were 79,457, with an average gold grade mined of 2.84 g/t [6][8] - Production was impacted by development deficits at the Mercedes mine due to operational challenges and ventilation issues at the Marianas deposit [3][9] Operational Challenges - The company faced significant operational challenges, including contractor underperformance and ground stability issues at the Marianas deposit, which hindered production [9][11] - A comprehensive recovery plan is being implemented to address these challenges, including transitioning to a replacement contractor [9][11] Strategic Initiatives - The company is actively conducting a Strategic Review to explore options for enhancing value, including potential asset sales or mergers [5][18] - Ongoing community support initiatives and environmental monitoring are being maintained at the Corani project [14][15] Debt Management - The company has deferred interest payments on certain debt agreements until December 31, 2025, and has issued a secured promissory note for up to $6.5 million for working capital [16][17] - As of September 30, 2025, the company had a net working capital deficiency of $113.1 million [25]

Group 1 - The company has initiated its maiden drill program targeting a 3.2 km by 1.5 km zone with strong mineralization indicators [1] - Site preparations are complete, including road access and drill pads, with an initial 2,000 meters of drilling currently in progress and an additional 3,000 meters proposed [1] - Promising surface results have been reported, including high-grade samples from the North Alteration Zone, such as 5.6 g/t Au and 106 g/t Ag over 2 meters, along with historic workings yielding 3.2 g/t Au and 1,225 g/t Ag [1]

Core Viewpoint - Lahontan Gold Corp. has mobilized a track-mounted reverse-circulation drill rig to enhance its Santa Fe Mine project in Nevada, focusing on upgrading and expanding gold and silver resources [1] Group 1: Company Developments - The company is utilizing the MPD-1500 RVC track-mounted drill rig for in-fill drilling at the Santa Fe Mine [1] - The drilling efforts aim to upgrade gold and silver resources from the Inferred to Indicated category [1] - The focus areas for resource expansion are the Slab and York areas of the Santa Fe Mine [1]

Core Insights - ESGold Corp. has completed the main mill building at the Montauban Gold-Silver Project in Quebec, marking a significant milestone towards production [1][2][6] - The company is now transitioning to equipment procurement and installation, moving into the commissioning phase [2][4][5] - ESGold anticipates first gold and silver production from Montauban in 2026 [5] Facility Completion - The mill building structure, concrete flooring, and interior divisions are fully completed, including the on-site gold room and laboratory for metallurgical testing [2][3] - The completion of the facility allows ESGold to focus on sourcing and installing processing equipment necessary for the Merrill Crowe circuit [4] Equipment Procurement - ESGold has initiated procurement of processing equipment, including clarifying tanks, filtration units, and vacuum systems [4] - The company plans to move into system integration and commissioning once all components are received [4] Exploration Planning - ESGold's geological team is finalizing a comprehensive 3D geological model for the Montauban district, which will guide future exploration and drilling [7] - The model integrates various data types to refine drill targets and identify deeper mineralized structures [7] Economic Assessment - The Updated Preliminary Economic Assessment (PEA) indicates a robust economic outlook with an after-tax NPV (5%) of C$24.27 million and an after-tax IRR of 60.3% [10] - The project is expected to have a payback period of less than two years from the start of production, highlighting strong project economics [10] Strategic Positioning - ESGold is well-positioned to transition from construction to commissioning, with funding secured and construction complete [8] - The company aims to create a long-term platform for growth and value creation for shareholders [6][12]