Core Insights - McFarlane Lake Mining Limited has filed a Mineral Resource Estimate (MRE) for its Juby Gold project, marking a significant milestone for the company and validating the project's potential in Ontario's Abitibi Belt [2][3][11] Company Overview - McFarlane Lake Mining Limited is a Canadian gold exploration and development company focused on the Juby Gold Project, which is located in the Abitibi Greenstone Belt [12][15] - The company holds a portfolio of 100%-owned gold assets in Ontario, including the McMillan Gold Mine and Mongowin properties [15] Mineral Resource Estimate Details - The MRE indicates a total of 1.01 million ounces of gold in the Indicated category at an average grade of 0.98 g/t gold, contained in 31.74 million tonnes, and 3.17 million ounces in the Inferred category at an average grade of 0.89 g/t gold, contained in 109.48 million tonnes [12][13] - The estimate was calculated using a long-term gold price of US$2,500 per ounce, with cut-off grades of 0.25 g/t for open-pit and 1.85 g/t for underground resources [12][10] Exploration and Development Plans - The company plans to focus on unlocking the potential of the Juby deposit, with several high-priority targets identified for resource expansion [3][14] - An exploration drilling program and additional technical studies are actively being planned to further evaluate the gold system [14] Technical Report and Compliance - The MRE was independently prepared by BBA E&C Inc. in accordance with National Instrument 43-101 standards, providing third-party validation of the resource's scale and quality [7][14] - The Technical Report is available on SEDAR+ and the company's website, detailing the methodology and data verification processes [9][14]

Core Insights - ONGold Resources Ltd. has expanded its claims around the Ti-pa-haa-kaa-ning (TPK) project by staking an additional 73 claims, increasing the total area to approximately 69,764 hectares, which represents a 46% increase in the claim area [1][4] Group 1: Acquisition and Claims Expansion - The newly staked claims cover approximately 21,969 hectares (1,118 cells) and are aimed at exploring extensions of the Mameigwess and Bartman Lake Greenstone Belts and the Stull-Wunnumin Fault Zone [1] - The TPK property now consists of 2,504 claims, enhancing ONGold's exploration potential for gold and base metals deposits [1] Group 2: Exploration Activities - A recent diamond drilling program at the Gold Ridge area of TPK has indicated the presence of a large, intrusive-hosted, orogenic gold system, although no mineral resource has been defined yet [2] - Historical drilling at the Big Dam area has revealed significant gold intersections, including 25.9 g/t Au over 13.5 meters and other high-grade results [3] Group 3: Future Plans and Agreements - The company has entered into a Memorandum of Understanding (MOU) with the Chapleau Cree First Nation regarding support for exploration activities, which includes issuing 50,000 common shares and warrants [8] - The MOU outlines provisions for exploration conduct and negotiations for an impact benefit agreement (IBA) [8]

Core Insights - Riley Gold Corp. has provided an exploration update for its Pipeline West/Clipper Gold Project (PWC) in the Cortez mining district, operated by Kinross Gold U.S.A., Inc. under an earn-in agreement [3][4] - The 2025 drilling results have confirmed the presence of Carlin-type gold mineralization, indicating a potential for significant gold deposits in the area [5][7] - Kinross has expanded the PWC property size to 27.2 square kilometers and is planning further exploration activities for 2026 [4][7] Exploration Program - Kinross is planning a committed next phase of exploration at PWC, which will include additional framework drilling in 2026 based on previous drill results [4] - A geochemical soil survey is currently underway to delineate a +3km open gold and pathfinder element soil anomaly [4] - The geological model for PWC is being updated to compare with other significant gold discoveries in the Cortez District [4] Drilling Results - The 2025 drilling program has highlighted significant intersections, including up to 2.19 g/t gold and a notable 489ft (149m) thick intersection of disseminated gold mineralization [7][16] - Drill holes PW25-02 and PW25-03 have confirmed the presence of Carlin-type fluid signatures, indicating a possible Carlin-type gold system within the PWC claim block [11][24] - The results show evidence of hydrothermal fluid leakage along high-angle faults, consistent with geological settings observed in nearby significant deposits [5][13] Geological Context - The PWC project is situated along the Cortez structural zone, known for its productive gold deposits, with the potential for Carlin-type, disseminated, and replacement gold deposits [29] - The geological setting is analogous to the Meikle Mine and Barrick's Fourmile Project, which are known for their substantial gold reserves [4][5] Company Outlook - The CEO of Riley Gold expressed confidence in the exploration potential, noting that early drilling results are promising and could lead to significant discoveries similar to the Fourmile deposit [28] - The company is focused on maximizing shareholder value through exploration and development in the gold-rich Cortez Trend [32]

MONTREAL, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce that it has entered into a securities purchase agreement dated November 21, 2025 (the "Purchase Agreement") with Axo Copper Corp. (TSXV:AXO) ("Axo") to sell its 100% interest in the San Antonio Gold Project ("San Antonio" or the "Project") located in the Sonora State, Mexico. Pursuant to the Purchase Agreement, Axo will acquire Sapuchi Minera S.A. de R.L. ...

How Mine Expansion to 55,000 Tonnes Per Month Targeting H2 2026 Operational DateEnabling Works Commenced at Redwing; 8-Month Dewatering Program to BeginCompany Outlines $300-400 Million Capital Plan with Non-Dilutive Funding StrategyManagement to Host Business Update Conference Call at 8:00 a.m. Eastern Time NEW YORK, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Namib Minerals (“Namib Minerals” or “the Company”), (Nasdaq: NAMM), an established African gold producer with a portfolio of mining and exploration assets in ...

Core Viewpoint - Fury Gold Mines Limited has announced positive assay results from its inaugural drill campaign at the Sakami gold project, indicating significant gold mineralization and potential for future resource estimation [1][4]. Drilling Results - The 2025 diamond drill program completed 3,685 meters in seven holes, with six holes targeting extensions at La Pointe Extension and one hole at Juliette [1][9]. - Drill hole 25SK-005 intercepted 26.0 meters of 0.71 grams per tonne (g/t) gold, including 6.5 meters of 1.76 g/t gold [2][7]. - Drill hole 25SK-007 intercepted 22.2 meters of 0.83 g/t gold, including 2.9 meters of 1.71 g/t gold and 1 meter of 8.62 g/t gold [7]. Geological Insights - Drilling confirmed that mineralization at La Pointe Extension is open at depth and along strike to the west, improving continuity within previously identified gold mineralization [3][11]. - The mineralization occurs along a regional scale suture zone with numerous undrilled gold occurrences along 23.5 kilometers of strike within the Sakami property [7][8]. Future Exploration Potential - The drilling program has laid a foundation for future work, including potential mineral resource estimation [4][11]. - Regional soil sampling identified six structurally controlled gold anomalies for potential follow-up work, indicating further exploration opportunities [12]. Project Overview - The Sakami project covers approximately 14,250 hectares and is located in a prospective structural corridor between the Opinaca and La Grande Geological sub-provinces [8]. - Historical drilling has shown gold mineralization across widths of up to 75 meters and depths of up to 500 meters below the surface [9].

Core Viewpoint - Heliostar Metals Ltd. is advancing its drilling program at the Ana Paula project in Guerrero, Mexico, aiming to convert inferred resources to higher confidence classifications and support an ongoing Feasibility Study [2][3]. Drilling Program - The company has completed 44 drill holes totaling 12,615 meters, with a focus on defining the High Grade Panel's east-west orientation [4]. - A change in drilling direction by approximately 90 degrees from historic intercepts has led to the discovery of more continuous and higher-grade gold mineralization [4]. Drill Results Summary - Significant drill results include: - Hole AP-25-334: 92.05 meters grading 4.33 grams per tonne (g/t) gold [6]. - Hole AP-25-336: intervals of 3.2 meters at 15.58 g/t, 65.15 meters at 5.39 g/t, and 43.55 meters at 4.66 g/t gold, with a notable 3.05 meters at 24.64 g/t gold [6]. - Hole AP-25-333: 83.2 meters grading 17.35 g/t gold, including 46.65 meters at 27.35 g/t gold [7]. Future Plans - The drilling program will be expanded by 33% to a total of 20,000 meters to allow for more infill and exploration drilling at Ana Paula [3]. - Additional studies, including a Prefeasibility Study for Cerro del Gallo, are planned for the current quarter [3]. Quality Assurance - Drill core samples are sent for analysis to certified laboratories, ensuring quality control through systematic insertion of control samples [18][19].

Scorpio Gold Drills 24.67 Metres Grading 1.85 g/t Gold, from 98.76 Metres, in New Zone of Mineralization at the Manhattan District, NevadaNovember 24, 2025 6:00 AM EST | Source: Scorpio Gold CorpHighlightsHole 26MN-026 returned 1.85 g/t gold over 24.67 metres from 98.76 mHole 25MN-021 returned 1.52 g/t gold over 18.14 metres from 176.78 mHole 25MN-020 returned 0.94 g/t gold over 36.97 metres from 162.95 mHole 25MN-022 returned 21.82 g/t gold over 3.23 metres from 168.86 m incl. 0.43 m grading ...

Core Insights - Westhaven Gold Corp. has successfully completed an upsized summer drilling program at its 100%-owned Shovelnose Gold Project, confirming the resource model and validating a new exploration model for potential gold mineralization [1][3][6]. Drilling Program Overview - The 2025 summer drilling program consisted of 13 drill holes totaling 6,202 meters, which is more than double the initially planned 3,000 meters [4][6]. - Drilling focused on structural and geochemical targets, confirming significant structural offsets and the presence of epithermal mineralization [3][6]. Resource Confirmation - Drill holes SN25-432 and SN25-442 confirmed the resource model by intersecting expected intervals of epithermal mineralization, including notable grades of gold and silver [7][8]. - The South Zone resource model has been validated, indicating strong potential for additional epithermal gold systems [6][14]. Economic Assessment - The March 2025 Preliminary Economic Assessment (PEA) outlines an 11-year underground mining opportunity with an after-tax NPV of CAD$454 million and an IRR of 43.2% at a gold price of US$2,400 per ounce [6][19]. - Initial capital costs are projected at CAD$184 million, with a payback period of 2.1 years [19]. Strategic Location - The Shovelnose project is strategically located 2.5 hours from Vancouver, providing direct road and power access, which significantly reduces exploration and development costs compared to more remote projects [6][19]. Exploration Potential - The exploration program has identified a 100 km strike extent of the Spences Bridge Gold Belt, with over 1,800 geochemical samples collected, indicating substantial regional exploration potential [6][19]. - The company aims to continue systematic exploration drilling to unlock new discoveries and prepare for integrated engineering and environmental studies for project development [14][19]. Technical Leadership - Westhaven's technical team has been strengthened with new appointments, including CEO Ken Armstrong and other key positions, bringing world-class expertise to the exploration and development strategy [6][19].

Core Insights - Trident Resources Corp. has announced significant updates to its Mineral Resource Estimates for its gold deposits, showing an 18% increase in Indicated gold ounces and a 190% increase in Inferred gold ounces compared to previous estimates [1][5][30] Mineral Resource Estimates - The updated Indicated gold ounces total 896,500, while Inferred gold ounces total 1,129,600 across four deposits: Preview SW, Preview North, North Lake, and Greywacke [1][5] - The effective date of the updated Mineral Resource Estimate is November 6, 2025 [1][9] - The estimates reflect a higher gold price assumption of US$2,600 per ounce, compared to previous estimates which were based on US$1,500 to US$1,700 per ounce [5][9] CEO Commentary - The CEO emphasized the company's vision to create a significant gold exploration entity in Saskatchewan, highlighting the updated estimates as a confirmation of the quality and potential of the deposits [3][30] - The company is positioned for further growth with strong funding and an ambitious exploration program planned [3][30] Exploration Potential - Trident is actively exploring the Contact Lake project, which was a former producing gold mine, and recent drilling results suggest the presence of a robust gold-mineralized system [3][5] - The company aims to expand its resource totals through ongoing exploration efforts [3][5] Detailed Resource Breakdown - The Indicated resources for each deposit are as follows: - North Lake: 469,700 ounces at 0.890 g/t - Preview SW: 314,700 ounces at 1.537 g/t - Preview North: 40,800 ounces at 1.359 g/t - Greywacke: 71,400 ounces at 2.174 g/t [6][12][14] - The Inferred resources for each deposit are as follows: - North Lake: 481,300 ounces at 0.724 g/t - Preview SW: 531,900 ounces at 1.115 g/t - Preview North: 7,400 ounces at 0.628 g/t - Greywacke: 109,100 ounces at 1.242 g/t [6][12][14] Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on gold and copper projects in Saskatchewan [30]