Core Viewpoint - Seabridge Gold Inc. provided a year-end update for 2025, highlighting significant progress in its KSM Project and the decision to spin out its Courageous Lake subsidiary to optimize shareholder value [1][5]. KSM Partnership - In 2025, management focused on due diligence with potential partners, completing final site visits by three joint venture finalists, and is progressing towards a partnership announcement [2]. KSM Field Activities - The KSM Project made substantial progress, completing an extensive field data collection program with approximately 8,500 meters of drilling across 117 drill holes, and advancing construction on the Treaty Creek Terminal [3]. Project Support and Performance - The project maintained high standards, receiving the David Barr Award, achieving zero reportable environmental incidents, and supporting over 260 workers at peak activity [4]. Courageous Lake Spin-Out - The company plans to spin out its subsidiary, Seabridge Gold (NWT) Inc. (to be renamed "Valor Gold"), which owns the Courageous Lake Gold Project, distributing shares to Seabridge shareholders [5][6]. Courageous Lake Project Details - Courageous Lake is one of Canada's largest undeveloped gold projects, with a total contained gold inventory of 11.0 million ounces and additional inferred resources of 3.3 million ounces [6]. Exploration Strategy - The corporate strategy emphasizes increasing gold ownership per share, with recent drilling at the Iskut Project defining a major porphyry system and significant mineralization [7][8]. Permitting and Regulatory Compliance - The company met all regulatory requirements for the M-245 Joint Mines Act amendment, with the permit expected to be issued in Q1 2026, allowing construction of the Mitchell-Treaty Tunnel [11]. Indigenous Engagement - Seabridge strengthened relationships with Indigenous groups through proactive engagement and support initiatives, maintaining strong connections with various Nations [14]. Legal Proceedings - A court hearing regarding the Substantially Started Designation for KSM took place in late 2025, with a decision expected in Q1 2026 [15]. Future Outlook - The company anticipates a successful 2026, expecting to finalize a KSM partner early in the year and aiming for significant advancements in its projects [16].

Core Insights - Nevada Sunrise Metals Corporation has completed surface geophysical and geochemical exploration surveys at its Griffon Gold Mine Project in Nevada, which is located within the Battle Mountain-Eureka Gold Belt, a significant gold mining region [1][8]. Exploration Program Highlights - The Fall 2025 exploration program was based on AI-generated analysis from VRIFY Technology Inc., utilizing historical geological and geophysical data [2]. - Over 700 soil samples were collected for geochemical analysis using Ionic Leach and Soil Gas Hydrocarbon methods, which can detect subtle indications of buried mineralization [5]. - A "walking mag" survey provided high-resolution magnetic data for the first time at Griffon, revealing important structural information about past-producing deposits [5]. - 3D induced polarization/resistivity and audiomagnetotellurics surveys were conducted, marking the first time these methods have been used at Griffon since gold discovery in 1986 [5]. Anticipated Outcomes - The company expects to receive geochemical analyses and geophysical modeling results from the ground surveys in January 2026, which will enhance drill targeting [6]. - Ongoing re-sampling and multi-element geochemical analysis of historical drill cuttings are in progress, aiming to include pathfinder elements that could improve drill targeting [6]. Permitting and Regulatory Updates - In September 2025, the company submitted a Plan of Operations to the United States Forest Service for proposed surface disturbance and drilling plans for 2026, with confirmation of receipt in October 2025 [7]. Project Background - The Griffon Gold Mine Project consists of 89 unpatented mineral claims covering approximately 1,780 acres (720 hectares) and is located about 50 kilometers (33 miles) southwest of Ely, Nevada [8]. - Historical production at Griffon occurred from 1998 to 1999, yielding 62,661 ounces of oxide gold before its closure [9].

Core Insights - The article emphasizes a versatile investment strategy suitable for various investor profiles, including dividend investors, value seekers, and those looking for growth opportunities [1] Summary by Categories Investment Strategy - The investment strategy described is adaptable, catering to different types of investors, whether they focus on dividends, value propositions, or growth opportunities [1]

About Mayfair Gold The Company now has 66,797,608 common shares issued and outstanding and all outstanding warrants and incentive stock options have been adjusted to increase their exercise price by a factor of two and to reduce the number of common shares issued upon exercise by dividing by two. 1 VANCOUVER, BC, Dec. 18, 2025 /PRNewswire/ - Mayfair Gold Corp. ("Mayfair", "Mayfair Gold" or the "Company") (TSXV: MFG) (OTCQX: MFGCF) is pleased to confirm that, pursuant to its news release dated December 15, 2 ...

Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") is pleased to announce that due to significant interest, the Company intends to increase the size of its previously announced non-brokered private placement (the "Private Placement"). The Private Placement will now be comprised of an aggregate of up to 34,710,743 units of the Company (the "Units") at a price of $1.21 per Unit, for aggregate gross proceeds of u ...

Core Insights - Quartz Mountain Resources Ltd. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market, which signifies an important milestone for the company [1][3][4] Company Overview - Quartz Mountain Resources Ltd. is focused on discovering and transacting significant-scale gold, silver, and copper projects in British Columbia, Canada [1][5] - The company owns 100% of the Maestro high-grade gold-silver project and the Jake porphyry copper-gold-silver project, both of which are permitted for drilling activities [5] - Quartz Mountain Resources is committed to responsible mineral development, engaging local communities, and adhering to rigorous environmental standards [5] Market Context - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices [3] - Trading on the OTCQX Best Market enhances the visibility of companies among U.S. investors and provides a streamlined avenue for investment [4][3]

Core Viewpoint - Heliostar Metals Ltd. has successfully restarted mining operations at the San Agustin mine, which is expected to significantly increase gold production in 2026, generating substantial cash flow at current gold prices [2][3]. Mining Operations - Mining, crushing, and stacking of ore at San Agustin have recommenced, with the company planning to produce 45,000 ounces of gold at an all-in sustaining cost (AISC) of $1,990 per ounce, yielding a margin of over $2,300 per ounce at current gold prices [1][2][3]. - The company has completed two ore blasts and two waste blasts, with 90% of the mobile equipment fleet mobilized to site to meet production targets [5]. Financial Projections - The expected cash flow from mining the current reserve is projected to be approximately $40 million at a gold price of $3,000 per ounce [3]. - The life-of-mine (LOM) plan indicates a probable mineral reserve of 68,000 ounces of gold, with a post-tax NPV of $35.3 million and an IRR of 548% based on a $3,000 per ounce gold price [9]. Drilling Program - A drilling program of 10,000-15,000 meters is underway, with 37 holes completed to date, aimed at identifying extensions of the orebody to potentially increase the mine life [3][13]. - Previous drilling results from the Corner SW target area have shown higher-grade oxide results, enhancing the potential of certain lower-grade areas [14][22]. Technical Report - An amended technical report filed in January 2025 outlines the operational and economic parameters of the San Agustin project, including the estimated initial capital cost of $4.2 million [9][10]. - The report emphasizes the importance of the existing infrastructure, including a crusher and conveyor system with a throughput capacity of 30,000 tonnes per day [10]. Company Outlook - Heliostar is focused on production growth and enhancing shareholder value, with plans to provide formal guidance in January 2026 [3]. - The company has demonstrated progress in crystallizing growth opportunities within its portfolio, including studies on flagship projects like Ana Paula and Cerro del Gallo [3].

Company Overview - Hemlo Mining Corp. has acquired the Hemlo Gold Mine from Barrick Mining Corp. for approximately US$1.1 billion, aiming to become a leading Canadian mid-tier gold producer [1] - The Hemlo Gold Mine, located 35 kilometers east of Marathon, Ontario, has produced around 25 million ounces of gold since 1985 [1] Share Capital Rectification - The company rectified prior disclosures regarding its share capital post-acquisition, indicating 295,496,636 common shares issued and outstanding, a reduction of 284 shares due to rounding [2] - There was a misallocation in the number of stock options and restricted share units, resulting in 6,592,595 stock options and 3,089,945 restricted share units being granted upon completion of the transaction [3] Convertible Debentures - Holders of the company's $2,500,000 unsecured convertible debentures converted their debentures into common shares, resulting in the issuance of an additional 833,332 common shares at a price of $3.00 per share [4] - Following this conversion, the total number of common shares issued and outstanding reached 296,329,968 as of December 17, 2025 [4] Forward-Looking Statements - The company plans to stabilize operations and drive performance, with a full corporate update expected in January 2026, including preliminary production results for 2025 [6] - Key assumptions for future performance include successful integration of the Hemlo mine, future gold prices, and the ability to fund programs and operations [8]

Core Viewpoint - Kirkland Lake Discoveries (KLDC) has entered into a definitive agreement to acquire the Mirado Gold Project, which has an inferred historical resource of approximately 442,000 ounces of gold, enhancing the company's exploration pipeline while maintaining focus on its primary targets [1][2][3]. Transaction Highlights - The Mirado acquisition is located about 15 km south of KLDC's flagship claim package, providing strategic optionality for shareholders without detracting from the company's core focus [2][3]. - The transaction involves KLDC acquiring a 100% interest in the Mirado Property, free of liens and encumbrances [20]. Financial Considerations - As part of the acquisition, KLDC will issue approximately 40,050,398 common shares to Orecap, representing 19.9% of KLDC's issued and outstanding shares, valued at $0.28 per share as of December 16, 2025 [21]. - The shares will be subject to a four-month hold period and a 12-month lock-up period [21]. Historical Resource Estimates - The Mirado Gold Project has a historical mineral resource estimate of 10.6 million tonnes at a grade of 1.29 g/t Au, containing about 442,000 ounces of gold [6][9]. - A Preliminary Economic Assessment (PEA) from 2018 reported a pit-constrained resource of 559,000 tonnes at 2.61 g/t Au, indicating potential for further resource growth through additional drilling [8][10]. Geological Setting and Mineralization - The Mirado deposit is situated within the Abitibi Greenstone Belt, characterized by a hybrid orogenic-intrusion-related system with mineralization open at depth [12][13]. - Historical high-grade surface samples and an untested IP anomaly suggest significant exploration upside in the region [9][12]. Ongoing Exploration Focus - KLDC's exploration programs and strategic priorities for its flagship claim package remain unchanged, with ongoing drilling and exploration activities expected to yield results in the near future [18][19]. - A second drill rig has been mobilized to target additional anomalies, further advancing exploration efforts [19].

Company Overview - Alamos Gold Inc. operates as a gold producer in Canada, Mexico, and the US, primarily exploring for gold deposits [5] Analyst Ratings and Price Target - Jefferies analyst Fahad Tariq raised the price target on Alamos Gold to $49 from $44, maintaining a Buy rating on the shares as part of the firm's 2026 preview for the metals and mining group [1] Financial Performance - In Q3 2025, Alamos Gold recorded a record revenue of $462 million and a record free cash flow of $130 million, marking a 54% increase from Q2 [3] - The net earnings for the quarter were $276 million, or $0.66 per share, with adjusted net earnings at $156 million, or $0.37 per share [3] - The average realized gold price for approximately 136,500 ounces of gold sold in Q3 was $3,359 per ounce [3] Project Development - The Phase 3 expansion at Island Gold is progressing well and is expected to be completed in H2 2026 [4] - The Lynn Lake project has been delayed due to forest fires in northern Manitoba, pushing initial production to early 2029 from mid-2028, with capital expenditure estimates expected to increase by approximately 15% due to inflation over the past 3 years [4] Market Outlook - The firm remains favorable toward attractively valued gold equities, expecting gold miners to deliver strong margin expansion and increased free cash flow by 2026 [2] - If gold prices stay elevated, investor interest is likely to shift from valuation to growth opportunities [2]