PresentationElizabeth Hamaue Good morning, everyone, and welcome to the Boumadine PEA Results Webinar. I'm Elizabeth Hamaue, Director of Corporate and Financial Communications. The IR team is excited to share the results of this important milestone. Joining me today are Benoit La Salle, President and CEO; Raphael Beaudoin, Vice President of Operations; Patrick Perez, Director of Technical Services; Ugo Landry-Tolszczuk, Chief Financial Officer; Sebastian Humphrey, Project Manager; and David Lalonde, Vice P ...

Core Insights - Mithril Silver and Gold Limited has reported promising exploration results from its Copalquin property in Durango State, Mexico, highlighting high-grade gold and silver intercepts from its maiden drill program at Target 5 [1][2][4]. Exploration Results - Initial drilling at Target 5 has yielded multiple high-grade intercepts, including 1.00 m at 1,714 g/t AgEq (5.80 g/t gold, 1,308 g/t silver) and 3.35 m at 366 g/t AgEq (1.71 g/t gold, 246 g/t silver) [2][4]. - The first eight of thirteen drill holes have returned reportable mineralization, confirming the potential of Target 5, with only 5% of the mapped and projected veins tested to date [2][3][5]. District Outlook - The company is fully funded to complete 45,000 meters of drilling through the second half of 2026, with plans to add a third drill rig at Target 3 in early 2026 [3][5]. - Ongoing mapping and sampling across multiple targets are advancing the understanding of the district-scale potential of Copalquin, which is characterized by a large epithermal gold-silver system [3][6]. Resource Potential - The Copalquin district contains over 100 historic underground gold-silver mines and workings, with a maiden JORC resource already established at Target 1 [6][29]. - The district is recognized as a significant gold-silver area within the Sierra Madre Gold-Silver Trend, with considerable potential for resource expansion [7][28]. Future Developments - Drilling at the high-grade Tasolera mine area is set to commence, following up on high-grade channel sampling results [5][16]. - The company is advancing Target 3 to drill readiness, with further channel sample results pending [5][6].

Summary of Aya Gold & Silver Boumadine PEA Results Webinar Company Overview - **Company**: Aya Gold & Silver (OTCPK:AYAS.F) - **Project**: Boumadine Key Industry Insights - **Industry**: Mining, specifically gold and silver production - **Market Context**: The presentation discusses the economic viability of the Boumadine project, emphasizing its potential in the current market environment for precious metals. Core Points and Arguments 1. **PEA Results**: The Preliminary Economic Assessment (PEA) for Boumadine is presented as a significant milestone after three years of work, indicating a low initial capital expenditure (CapEx) of **$446 million** [3][27]. 2. **Production Estimates**: The project anticipates a production of **400,000 ounces of gold equivalent** annually over the first five years, translating to **37.5 million ounces of silver equivalent** [5][23]. 3. **Net Present Value (NPV)**: The NPV of the project is estimated at **$2.2 billion** pre-tax and **$1.5 billion** post-tax, with a capital utilization ratio of **5.1** pre-tax and **3.1** post-tax [5][6]. 4. **Internal Rate of Return (IRR)**: The IRR is projected at **69%** pre-tax and **47%** post-tax, with a payback period of **1.3 years** pre-tax and **2.1 years** post-tax [6][7]. 5. **Spot Price Sensitivity**: At current spot prices, the NPV could rise to between **$3-4 billion**, with an IRR approaching **100%** pre-tax [6][7]. 6. **Revenue Projections**: The life of mine revenue is projected at nearly **$10 billion**, with an EBITDA of **$6.2 billion** and free cash flow of **$5.6 billion** pre-tax [7][31]. 7. **Resource Estimate**: The mineral resource estimate includes **35 million tons** of mineralized material at a head grade of **4.5 grams per ton** of gold equivalent, totaling approximately **5 million ounces** of gold equivalent [16][17]. 8. **Mining Methodology**: The project will utilize both open pit and underground mining methods, with a focus on flexibility and cost efficiency [12][18]. 9. **Metallurgical Recovery Rates**: The project boasts high recovery rates of **96% for gold and silver**, and **75% for zinc** [21][36]. 10. **Environmental and Social Considerations**: An environmental and social impact assessment is underway, which will continue alongside the feasibility study [34]. Additional Important Insights 1. **Contractual and Financial Position**: The company has secured financing and has a mining license in hand, which mitigates risks related to project delays [9][10]. 2. **Exploration Potential**: The Boumadine project has significant exploration upside, with ongoing drilling campaigns expected to enhance resource estimates [37][46]. 3. **Market Interest**: There is strong market interest in the concentrates produced, with potential off-takers already identified [24][50]. 4. **Operational Costs**: The total cash cost is projected at **$119 per ton**, with an all-in sustaining cost (AISC) of **$1,021 per ounce of gold equivalent** produced [28][30]. 5. **Future Plans**: The company plans to advance the feasibility study and exploration concurrently, with a focus on resource expansion and classification [33][34]. This summary encapsulates the critical aspects of the Boumadine PEA results, highlighting the project's economic viability, production potential, and strategic positioning within the mining industry.

Core Viewpoint - Daura Gold Corp has entered into a binding agreement with Latin Metals Inc to acquire up to an 80% interest in the high-grade Cerro Bayo and La Flora gold-silver projects located in the Deseado Massif, Santa Cruz Province, Argentina, enhancing its portfolio of high-quality exploration targets [1][2]. Project Overview - The Cerro Bayo and La Flora projects are situated in a prolific mining district that has produced over 600 million ounces of silver and 20 million ounces of gold since 1990, with notable nearby operations including Newmont's Cerro Negro Mine and Hochschild's San Jose Mine [3][20]. - Exploration has identified a 6-kilometer-wide structural corridor with multiple low-sulfidation epithermal-style vein targets, which are known for hosting high-grade precious metal deposits [4][19]. Exploration and Technical Highlights - Daura has identified nine high-priority drill target areas through geochemical analysis, mapping, and geophysical surveys, with surface samples at La Flora returning up to 71 g/t Au and 150 g/t Ag, and Cerro Bayo showing up to 2.3 g/t Au and 600 g/t Ag [6][19]. - The projects are drill-ready with 21 fully permitted drill pads, following the approval of an Environmental Impact Assessment in early 2025, and are accessible year-round with strong infrastructure [6][18]. Option Terms and Financial Commitments - Daura has the option to earn a 75% undivided interest in the projects over a 38-month period, requiring total payments of US $1,700,000 to Latin Metals and US $400,000 to the underlying vendor, along with specific exploration commitments [7][10]. - Irrevocable work commitments include 50-line km of IP profiling, 150-line km of gradient array IP, and 1,500 meters of drilling, with a total of 28,000 meters of drilling required before exercising the option [8][10]. Joint Venture Structure - Upon exercising the option, a joint venture will be formed with Daura holding a 75% interest, which can increase to 80% through a top-up right, contingent on additional cash payments based on mineral resource estimates [15][17]. - The underlying vendor retains a 0.75% net smelter return royalty, of which 0.5% can be purchased for US $1,000,000, a cost that will be assumed by Daura [9][16].

Core Points - Q-Gold Resources Ltd. has commenced trading on the OTCQB Venture Market under the symbol "QGLDF," enhancing access for U.S. shareholders [1][2][3] - The company plans to broaden its investor base and advance exploration and engineering programs following an updated mineral resource estimate for the Quartz Mountain Gold Project [3][10] - Q-Gold intends to initiate the federal and state permitting process for the Quartz Mountain Gold Project, including applications under the FAST-41 program [4] Company Information - Q-Gold Resources Ltd. is focused on advancing gold and silver projects in mining-friendly jurisdictions across North America, with shares listed on multiple exchanges [8][9] - The company has granted 10,450,000 stock options to directors, officers, and consultants, with an exercise price of $0.20 per option for five years [5] - The updated Mineral Resource Estimate includes an indicated resource of 1.543 million ounces of gold at a grade of 0.96 g/t and an inferred resource of 0.148 million ounces at a grade of 0.77 g/t [10]

Core Viewpoint - Silver Range Resources Ltd is advancing its exploration projects, particularly focusing on the Tule Canyon gold-silver property in Nevada, utilizing new geophysical work to explore its potential [1]. Company Overview - The Tule Canyon project features high-grade gold and silver mineralization over several miles, with historical mining activities dating back to the 1890s [2]. - Previous larger companies showed little interest in the area due to the smaller, high-grade showings, but the company identified a larger zoned system with silver to the west and gold-rich zones to the east [3]. Geological Insights - The mineralization showings are located along a significant bend in the aeromagnetic field, which is crucial for geological studies as it indicates areas where pressure is released and mineralization can occur [4]. - The company believes this bend could be key to understanding the district and locating a major deposit [4]. Survey Plans - The company has engaged Precision GeoSurveys to conduct an airborne survey to map the structural bend and identify secondary anomalies that may indicate new mineralization [5][6]. - The airborne survey is advantageous as it allows for the efficient coverage of large areas, providing a base map for further exploration, especially in areas where surface mapping is challenging due to alluvium [7]. Expected Outcomes - The data from the surveys will enhance understanding of the geological structure and guide exploration efforts to uncover additional mineralization or expand known areas [8].

Core Insights - Irving Resources Inc. has reported strong drilling results from the Omui and Omu Sinter targets at its Omu Gold-Silver project in Hokkaido, Japan, indicating broad mineralized intercepts at shallow depths suitable for smelter flux [1][4]. Drilling Results - The first low-angle diamond drill hole, 24OMI-001, encountered 101.1 meters grading 1.14 gpt Au, 16.0 gpt Ag, and 84% silica [2]. - Five shallow holes drilled at Omui define a north-south mineralized corridor approximately 200 meters long, with mineralization open to the north and south [3]. - Significant results from the drilling program include: - Hole 25OMI-001: 33.47 meters grading 0.62 gpt Au, 12.06 gpt Ag, and 83.3% silica [2]. - Hole 25OMI-002: 26.38 meters grading 2.50 gpt Au, 22.03 gpt Ag, and 78.9% silica, including a high-grade zone of 24.22 gpt Au and 173.40 gpt Ag over 2 meters [2][3]. - Hole 25OMI-004: 28.25 meters grading 0.91 gpt Au, 10.30 gpt Ag, and 81.4% silica [2]. Mineralization Characteristics - The mineralized intercepts are located within 50 meters of the surface, making them potentially suitable for small-scale open-pit extraction [3]. - Hydrothermal silicification is associated with gold-silver mineralization, with silica contents typically ranging from 80-90%, which is essential for smelter flux [4]. Omu Sinter Drilling - A vertical diamond drill hole, 25OMS-001, at Omu Sinter yielded a 41.81-meter thick high-silica gold-silver intercept with an average silica content of 96.6% [5]. - The true width of this intercept is approximately 100% of the drill width, indicating its suitability for potential small-scale open-pit extraction [6]. Future Plans - Irving and its partner, JX Advanced Metals Corporation, are discussing next steps to advance the Omui project towards becoming a significant source of smelter flux in Japan [4][7].

Core Insights - Fairchild Gold Corp. has entered into a Binding Purchase Agreement to acquire a 100% interest in the Carlin Queen gold and silver property located in Nevada, comprising 73 unpatented lode mining claims over 1,508 acres [1][12]. Project Overview - The Carlin Queen project is an advanced stage gold-silver exploration site situated at the intersection of the Carlin and Midas-Hollister gold trends, approximately 48 miles northwest of Elko, Nevada [2]. - The region has a rich mining history, with over 98 million ounces of gold produced from the Carlin Trend through 2022, and the nearby Hollister mine having produced around 570,000 ounces of gold and silver [2][3]. - The project area is characterized by a structurally domed region with potential for both Carlin-type and low sulfidation epithermal gold-silver deposits [4]. Geological Potential - The Carlin Queen property has multiple untested large gold-silver target areas, indicating significant exploration upside for further discoveries [6]. - Geological mapping and geophysical surveys have been conducted, revealing local anomalous values of tungsten, suggesting the presence of a magmatic intrusion and potential mineralized deposits [5][4]. Transaction Details - The acquisition includes a 2-mile Area of Interest around the claims, with a total consideration of three annual cash payments of $150,000, and a 2% Net Smelter Return (NSR) royalty granted [12]. - A buyback option for up to 100% of the NSR is available for $4 million [12]. Company Strategy - Fairchild Gold Corp. aims to establish a significant portfolio focused on gold and copper in Nevada, leveraging the strategic positioning of the Carlin Queen project alongside world-class mines [7][8]. - The company emphasizes creating long-term shareholder value through disciplined exploration and responsible development practices [8].

Group 1 - A2Gold Corp. will participate in the 2025 New Orleans Investment Conference from November 2-5, highlighting the Eastside Gold-Silver Project [1][2] - The conference is celebrating its 51st year and is recognized as a significant event for resource investors and industry leaders [2] - CEO Peter Gianulis will present updates on the Eastside Project, including recent drilling and exploration plans, on November 3 at 10:50 a.m. [3] Group 2 - A2Gold Corp. owns three gold projects in Nevada, with the Eastside Gold-Silver Project being the flagship, featuring a large and expanding resource [4] - The Eastside Project is located in a mining-friendly jurisdiction with excellent infrastructure [4] - Preliminary metallurgical testing suggests that both oxide and sulphide gold mineralization at Eastside can be processed using heap leaching [4]

Core Insights - T2 Metals Corp has completed its first reconnaissance exploration program at the Shanghai gold-silver Project in the Yukon Territory, identifying two distinct high-priority target styles for future drilling [2][3][8] Group 1: Project Overview - The Shanghai Project covers an area of 27.4 square kilometers and is located in the Tombstone Gold Belt, a region known for its rich mineral deposits [2] - The project has received a Class 3 permit, allowing for drilling, road construction, and camp installation without additional permissions [4] Group 2: Exploration Program Details - The exploration program was conducted by a four-person crew from Groundtruth Exploration Inc., utilizing the Banyan Gold Corp camp as a base [3] - A total of 52 rock samples and 3 soil samples were collected from two main prospective zones, focusing on areas with significant gold and silver anomalies [7] Group 3: Target Zones - Target Zone 1, identified as Ag-Au-Polymetallic, confirmed the presence of Keno Hill-style polymetallic quartz-vein mineralization [7] - Target Zone 2, associated with Reduced Intrusion-Related Gold Systems (RIRGS), showed evidence of disseminated mineralization linked to nearby Cretaceous intrusions [6][10] Group 4: Historical Context and Results - Historical sampling from the area reported exceptional results of 1.1 oz/tonne Au and 790.5 oz/tonne Ag [6] - The historical Shanghai Silver Mine had significant underground development, with assays reporting 9.1 m at 1182.8 g/t Ag, 8.2% Pb, and 7.2% Zn [19] Group 5: Future Plans - The company plans to finalize and prioritize drill locations for a Phase 1 drill campaign scheduled for 2026 based on the assay results from the current exploration program [8]