MONTRÉAL, Feb. 24, 2026 (GLOBE NEWSWIRE) -- OR Royalties Inc. (“OR Royalties” or the “Company”) (OR: TSX & NYSE) is pleased to announce that it has entered into a definitive agreement to acquire Terraco Gold Corp. (“Terraco”), a wholly-owned subsidiary of Sailfish Royalty Corp., which indirectly owns net smelter return (“NSR”) royalty assets (the “NSR Royalties”), largely consisting of royalties that cover Solidus Resources LLC’s (“Solidus”) Spring Valley Gold Project (“Spring Valley” or the “Project”) loca ...

Core Insights - Torex Gold Resources reported a transformational 2025 with successful ramp-up of the Media Luna operation, achieving record margins and free cash flow while transitioning to a debt-free balance sheet [7][10]. Production and Performance - The company achieved gold and copper recoveries of 90% and 92% respectively, with silver recoveries improving towards a design level of 85% [1] - Production in the second half of 2025 was strong, with management expecting to maintain these levels going forward, and 2026 production slightly weighted to the latter half due to grade and stope sequencing [2] - Torex reached commercial production at Media Luna in May 2025, ramping up to 7,000 tonnes per day, exceeding the targeted 6,500 tonnes per day, and is on track to reach 7,500 tonnes per day by mid-2026 [3] Financial Highlights - Torex reported record margins of 51% for 2025 and 57% in Q4, attributed to a strong second half and favorable metal prices [9] - The company generated record fourth-quarter free cash flow of $166 million and fully repaid its debt, achieving a debt-free status six months post-commercial production [10] - Adjusted EBITDA for the year was reported at $730 million, with significant cash deployed towards acquisitions, capital expenditures, and shareholder returns [11] Strategic Focus and Guidance - The 2026 guidance includes gold equivalent production of 420,000 to 470,000 ounces, reflecting a full year of production from Media Luna at steady-state mining rates [13] - Non-sustaining capital for 2026 is budgeted at $100 million to $105 million for Media Luna North and $65 million to $70 million for optimization projects [15] - The company plans to allocate $77 million for exploration in 2026, focusing on Morelos and early-stage projects in Nevada and Chihuahua [24] Capital Allocation and Shareholder Returns - Torex returned $44 million to shareholders in the second half of 2025 through dividends and share buybacks, with ongoing plans for capital returns supported by cash flow [25] - The company has entered an automatic share purchase plan to continue buybacks during blackout periods, having repurchased over 400,000 shares in 2026 year-to-date [25]

HIGHLIGHTS:Expansion Zone Results25.45 m grading 8.26 g/t gold from 493.8 m including, 8.30 m grading 19.99 g/t goldHigh Grade Panel Results55.35 m grading 9.71 g/t gold from 116.65 m23.40 m grading 8.39 g/t gold from 101.15 m40.85 m grading 4.73 g/t gold from 196.0 m32.95 m grading 5.04 g/t gold from 40.15 mAll holes to be included in Feasibility Study Resource UpdateExpansion Zone is open to the north, northwest and at depthVancouver, British Columbia--(Newsfile Corp. - February 24, 2026) - Heliostar Met ...

Eminent Live Investor Webinar with Presentation and Audience Q&A [Accessibility Statement] Skip NavigationVANCOUVER, BC, Feb. 24, 2026 /PRNewswire/ - Eminent Gold Corp. (TSXV: EMNT) (OTCQB: EMGDF) (FSE: 7AB) ("the Company" or "Eminent"), is pleased to invite investors and other interested parties to attend the Company's upcoming live webinar presentation, audience Q&A, and interview.CEO Dr. Daniel McCoy and Strategic Advisor Ivan Bebek will discuss the company's recent high-grade drill results at the Hot Sp ...

Vancouver, British Columbia--(Newsfile Corp. - February 24, 2026) - Scorpio Gold Corp. (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", or the "Company") is pleased to announce that, over the past seven months, it has received aggregate proceeds of approximately $ 7,923,500 from the exercise of 39,617,500 common share purchase warrants.The exercised warrants were issued in connection with the Company's February 2024 financing and carried an exercise price of $0.20 per common share. The Company furthe ...

Core Viewpoint - Minerals 260 has secured a A$220 million ($155.53 million) funding agreement with Franco-Nevada Corporation to expedite the development of the Bullabulling Gold Project, enhancing its financial stability and reducing associated risks [1][3]. Funding Agreement Details - Franco-Nevada will pay A$170 million to increase its royalty on the Bullabulling project from 1% to 2.45% on certain tenements [2]. - The investment includes A$50 million for purchasing 111,111,111 shares in Minerals 260 at $0.45 per share, representing a 7% premium over the last closing price, resulting in a 4.9% stake in the company [2]. Project Development and Risk Mitigation - The funding will facilitate the acceleration of project development activities, including construction of accommodation facilities, procurement of materials, early site works, and commencement of definitive feasibility studies [4]. - The agreement includes an upfront payment of A$75 million due by February 26, 2026, and a contingent A$95 million based on obtaining necessary approvals [5]. Strategic Importance - The partnership with Franco-Nevada is viewed as a significant endorsement of the Bullabulling project, positioning it as one of the leading gold projects in Australia [4][6]. - Franco-Nevada's extensive due diligence supports the project's potential, highlighting its attractiveness in the gold development sector [4][6].

Core Viewpoint - Lefroy Exploration has commenced initial gold production at the Lucky Strike Gold Mine, marking a significant milestone in its operational journey [1][4]. Group 1: Production and Operations - The company has shipped its first three gold doré bars, weighing a total of 27.2 kg, which is approximately 584 oz of gold, to the Perth Mint Refinery for final refining [1]. - The current toll milling campaign at the Lucky Strike Gold Mine is ongoing at the FMR Greenfields plant in Coolgardie and is expected to conclude by the end of February [1]. - Additional ore reserves are available at both the Lucky Strike and mill run of mine pads, ready for processing [2]. Group 2: Resource Estimates - The Lucky Strike Gold Deposit has a mineral resource estimate (MRE) of 1.27 million tonnes (mt) at 1.95 grams per tonne (g/t) gold, translating to approximately 79,600 oz of gold [2]. - This includes an indicated resource of 700,000 t at 1.93 g/t, amounting to 43,400 oz, and an inferred resource of 570,000 t at 1.97 g/t, totaling 36,200 oz [3]. Group 3: Strategic Partnerships and Future Plans - Lefroy is collaborating with its profit share partner, BML Ventures, to negotiate additional toll milling capacity for the project, with more details expected to be released soon [2]. - The CEO highlighted the importance of past and present shareholders and investors in facilitating the company's progress and emphasized the potential for significant value delivery from the broader Lefroy Project, which has a one-million-ounce gold resource base [5].

See also explained that cash operating costs and AISC were above the company’s 2025 guidance range primarily because guidance was based on a $2,500 per ounce gold price assumption, while average realized gold price for the year was $3,594 per ounce. He said royalties and statutory profit sharing increase reported unit costs by about $10 per ounce for every $100 per ounce increase in gold price, implying roughly a $110 per ounce impact versus a $60 per ounce assumption used in guidance.Chief Financial Office ...

Chawrun and CFO Ryan Snow both pointed to processing delays as a key contributor to inventory build. Chawrun said the sulfide stockpile was higher than expected, estimated at 6,500 ounces of recovered gold, and management expects to process this material in the first quarter of 2026. Snow added that the company’s third-party processing agreement allows up to 120 days for delivered material to be processed, which can create timing differences between mining, production, and sales. He also noted the company’s ...

Core Viewpoint - Miata Metals Corp. has reported significant drill results from the Jons Trend zone at its Sela Creek Gold Project in Suriname, indicating a 20% increase in the mineralized footprint and confirming the extension of higher-grade mineralization [2][4]. Summary by Sections Drill Results - The first four holes of the 2026 drill program have expanded the Jons Trend mineralized footprint by approximately 20%, increasing its lateral extent from 250 m to 300 m [2][4]. - Notable high-grade intervals include: - 32 m at 1.20 grams per tonne (g/t) gold from 50 m in hole 26DDH-JT-001 - 8.7 m at 3.47 g/t gold from 126 m in hole 26DDH-JT-001, including 0.7 m at 31.37 g/t gold - 11.3 m at 3.58 g/t gold from 180 m in hole 26DDH-JT-002, including 0.9 m at 30.40 g/t gold - 17.3 m at 1.65 g/t gold from 39 m in hole 26DDH-JT-004 [6][12]. Geological Context - Jons Trend is hosted within tightly folded metasedimentary rocks, with gold-bearing shear zones providing structural traps for mineralization [11]. - The mineralization is characterized by extensive silicification and sulphide mineralization within shear zone intercepts, with high-grade intervals associated with quartz-chlorite-pyrite-pyrrhotite extensional veins [10]. Exploration Potential - The Jons Trend represents only a small portion of the approximately 14 km of documented artisanal mining trend across Sela Creek, suggesting substantial exploration upside remains [4]. - With a second drill rig on site, the company plans to continue systematic expansion drilling at Jons Trend while testing multiple high-priority targets across the concession, including Puma, Big Berg, and Cambior [4].