TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Lahontan Gold Corp. (TSXV:LG, OTCQB:LGCXF, FSE:Y2F) (the "Company" or "Lahontan") is pleased to announce the final analytical results from our 2025 maiden drilling program at the Company’s satellite West Santa Fe project, located only 13 km from Lahontan’s flagship asset, the Santa Fe Mine project, in Nevada’s prolific Walker Lane. The assay results are from the final reverse-circulation rotary (“RC”) drill are summarized below: WSF25-04R: 36.6 metres (0.0 – 36.6m) ...

Core Viewpoint - The current investment landscape is characterized by extreme stock valuations, making it essential for investors to engage in stock picking to identify undervalued companies with significant upside potential [1] Group 1: Investment Strategy - The focus is on researching relatively unknown companies that offer attractive risk/reward profiles, which may lead to outsized returns despite the associated risks [1] - The investment approach emphasizes that the companies discussed are mostly speculative opportunities and should not constitute core holdings in a diversified portfolio [1] Group 2: Market Conditions - The current market presents numerous opportunities and information, making it an exciting time for investors [1] - The extreme valuations of many stocks necessitate a more diligent approach to investment selection [1]

Core Insights - Emergent Metals Corp. announced that Lahontan Gold Corp. has reported initial assay results from its 2025 drilling program at Emergent's West Santa Fe Property, indicating potential for gold and silver mineralization [1][2] Group 1: Drilling Program and Results - Lahontan has completed three of six reverse circulation holes totaling 593 meters at the West Santa Fe Property, which is located approximately 13 km from Lahontan's flagship Santa Fe Mine Project [1][2] - The first assay results show various intervals of gold and silver mineralization, with notable findings including 0.39 g/t Au and 38.4 g/t Ag over 48.8 meters in hole WSF25-02R [3][4] - The exploration database includes 171 drill holes totaling about 13,000 meters, with historic drilling conducted in the 1980s and 1990s, marking the first modern drilling since then [2][4] Group 2: Geological and Mineralization Insights - Gold and silver mineralization at West Santa Fe is hosted by limestone of the Triassic Pamlico Formation, characterized by iron oxides and minor quartz veining [5] - The mineralization has a surface expression of 500 meters by 350 meters, with thickness varying from 35 meters to almost 60 meters, and additional drilling sites permitted around this central zone [6] Group 3: Investor Relations and Marketing - Emergent has entered into an agreement with Winning Media LLC for investor relations and digital marketing services, aimed at increasing market awareness of the Company [8][9] - The agreement includes a total cash fee of US$100,000 for a three-month term, contingent upon acceptance by the TSX Venture Exchange [9][10] Group 4: Company Overview - Emergent is focused on gold and base metal exploration in Nevada and Quebec, with a strategy to acquire quality assets and monetize them through various transactions [11][12] - The Company has several properties, including the advanced-stage Golden Arrow Property and the West Santa Fe Property, which is subject to a Lease with an Option to Purchase Agreement with Lahontan Gold Corporation [13]

Core Viewpoint - Austral Gold Limited has successfully completed a private placement, raising A$8.456 million through the issuance of 46,977,778 new shares at A$0.18 per share, which reflects strong investor confidence in the company's operational strategy and growth potential [1][8]. Financial Details - The private placement raised A$8.456 million before costs, with all committed funds received and new shares issued under the company's existing placement capacity [1][2]. - Aitken Mount Capital Partners acted as the sole Lead Manager and Book Runner for the placement [2]. Strategic Use of Proceeds - The proceeds from the placement will be utilized to accelerate exploration programs in Argentina and Chile, particularly at the Casposo and Guanaco sites [3][9]. - Funds will also be allocated for capital expenditures to expand processing capacity at Casposo, including the acquisition and construction of a classification plant and increasing agitation leaching capacity at Guanaco [9]. Company Overview - Austral Gold is a growing gold and silver mining producer focused on building a portfolio of quality assets in the Americas, emphasizing production, exploration, and equity investments [4]. - The company holds shares in ASX-listed Unico Silver, as disclosed in its December 2025 Quarterly Report [4].

Group 1 - ESGold Corp. is conducting a brokered offering through Red Cloud Securities Inc. for gross proceeds of up to C$7,000,600 from the sale of up to 10,295,000 units at a price of C$0.68 per unit [1][2] - The offering is expected to close on March 10, 2026, pending necessary regulatory approvals, including from the Canadian Securities Exchange [2] - The company has filed an amended offering document that includes Quebec as an offering jurisdiction, which can be accessed on the company's website [1] Group 2 - ESGold Corp. is a fully permitted and funded pre-production mining company focused on a scalable clean mining model across North and South America [3] - The flagship Montauban Gold-Silver Project in Quebec is under construction, with production anticipated in 2026 [3] - ESGold aims to build a platform for clean, sustainable growth and long-term shareholder value through a dual-track strategy of cash flow today and discovery tomorrow [3]

Core Viewpoint - Hycroft Mining Holding Corp is experiencing a volatile week driven by a significant resource update and changing macroeconomic conditions [1] Group 1: Short Interest - Short interest in Hycroft Mining increased from 4.94 million to 6.92 million shares, resulting in a short float of 13.69% of publicly available shares [2] - With an average daily volume of 7.23 million shares, it would take approximately one day for short holders to cover their positions without significantly impacting the stock price [2] Group 2: Resource Growth - Hycroft reported a 55% growth in both gold and silver Measured and Indicated Mineral Resources, totaling 16.4 million ounces of gold and 562.6 million ounces of silver [3] - The company also announced an initial high-grade silver resource of 90.2 million ounces [3] Group 3: Metallurgical Test Results - Metallurgical tests showed gold recoveries of 83% and silver recoveries of 78% through pressure oxidation, with flotation recoveries of 89.5% for gold and 92.9% for silver [4] - The company is evaluating a roasting process that could create an additional revenue stream through by-product sulfuric acid production [4] Group 4: Macro Environment - Gold prices approached $5,040 per ounce, while silver prices increased by about 4% to trade above $80.5 per ounce, driven by rising geopolitical tensions and changing U.S. macroeconomic expectations [5] Group 5: Market Performance - Hycroft Mining Holding shares were up 7.01% at $45.10, significantly outperforming the broader market [6]

Core Viewpoint - Hycroft Mining's stock has surged 18.6% this week, driven by rising gold and silver prices and an increased assessment of its minable resources [1][2]. Group 1: Stock Performance and Market Conditions - Hycroft Mining's stock price tends to follow the prices of gold and silver, which have begun to recover after a sharp dip in late January [1]. - The company has ownership over prospective mines in Nevada, which positions it to benefit from rising gold and silver prices once production begins [2]. Group 2: Resource Assessment and Production Potential - A third-party study has increased Hycroft's estimated gold and silver deposits by 55%, indicating a significant potential for increased revenue [3]. - Higher concentrations of these metals could lead to lower production costs as manufacturing scales up [3]. Group 3: Operational Challenges and Financial Considerations - Hycroft Mining is not currently operating a mine and is likely years away from full operations, which poses a risk to potential investors [5]. - The company has faced significant upfront capital spending requirements, leading to dilution of existing shareholders to raise funds [6]. - With a market cap of $3.4 billion and zero revenue, Hycroft Mining stock is not considered a buy at this time [7].

Core Insights - Coeur Mining, Inc. (CDE) experienced a significant increase in free cash flow in Q4 2025, rising 66% sequentially to a record $313 million, driven by higher gold and silver prices of $3,184 and $40.01 respectively [1][9] Group 1: Operational Performance - Higher production volumes and improved cost discipline, particularly at the Palmarejo mine in Mexico, Rochester in Nevada, and Kensington in Alaska, enhanced overall operating performance [2] - Operational stabilization and successful ramp-up at Rochester contributed to increased throughput rates and improved margin realization, significantly aiding cash flow growth [2] Group 2: Financial Strength - The surge in cash generation strengthened CDE's balance sheet, allowing for meaningful debt reduction, enhanced liquidity, and greater financial flexibility [3] - Sustained free cash flow at these levels could support further deleveraging, opportunistic growth investments, and enhanced shareholder returns [3] Group 3: Peer Comparison - Kinross Gold Corporation (KGC) reported attributable free cash flow of $769.4 million in Q4 2025, a 77% year-over-year increase, driven by stronger operating cash flow and a higher realized gold price of $4,144 [4] - IAMGOLD Corporation (IAG) achieved record mine-site free cash flow of $626.6 million in Q4 2025, a 701.3% year-over-year increase, supported by a higher realized gold price of $4,191 and strong operational performance [6][7] Group 4: Market Performance - CDE shares increased by 340.7% over the past year, outperforming the industry average rise of 85.3% [8] - CDE is currently trading at a forward 12-month price-to-sales ratio of 5.75X, above the industry average of 4.96X, and has a Value Score of D [11]

Core Viewpoint - Blue Lagoon Resources Inc. has received a second advance payment of approximately CAD $1.4 million from its milling partner, Nicola Mining, for 1,000 tonnes of stockpiled mineralized material from the Dome Mountain Gold and Silver Project, indicating growing confidence in the asset's production capabilities [1][4][7]. Group 1: Financial Developments - The total amount of Dome Mountain mineralized material delivered to the mill site is approximately 3,700 tonnes, which is currently stockpiled pending processing [2]. - The advance payments are intended to provide working capital to support ongoing underground development and production activities at Dome Mountain [7]. Group 2: Operational Updates - Processing of the Dome Mountain material has commenced after comprehensive plant cleanup and maintenance at Nicola Mining's mill facility, ensuring high operational standards and recoveries [3]. - The company has previously received an advance payment for an additional 1,000 tonnes, reflecting a strategic partnership with Nicola Mining [4][10]. Group 3: Strategic Goals - Blue Lagoon aims to advance production, ship material, and build momentum, with expectations of consistent operational cash flow and continued growth as processing continues [7]. - The company plans to reinvest internally generated cash flow into near-mine and regional exploration starting in the second half of 2026 to expand its resource base [10]. Group 4: Company Background - Blue Lagoon Resources Inc. is a Canadian-based mining company focused on producing from its 100% owned Dome Mountain Gold Mine, operating in a favorable mining jurisdiction [9]. - The company achieved a significant milestone in February 2025 by obtaining a full mining permit, one of only nine issued in British Columbia since 2015, and has since begun underground mining operations [10]. Group 5: Commitment to Sustainability - The company emphasizes a strong commitment to sustainability, community engagement, and creating lasting value for shareholders and stakeholders [11].

Core Viewpoint - ESGold Corp. has initiated a second-phase Ambient Noise Tomography survey at its Montauban Gold-Silver Project, significantly expanding its geological investigation efforts [1] Group 1: Survey Details - The new ANT survey covers approximately 70 square kilometres, which is seven times larger than the initial survey [1] - The survey aims to define the full extent of a 900-metre-deep system that has widened at depth and remains open beyond previous survey limits [1] Group 2: Historical Context - This program represents the most extensive geological investigation conducted across the Montauban property in its 110-year history [1]