Consistently strong intersections extend known mineralisation ahead of December quarter Mineral Resource Estimate update; First results from economic studies due early next year KEY POINTS FireFly made rapid progress during the quarter across the four key planks of its growth strategy; These comprise Mineral Resource growth, upgrading Inferred Resources to the Measured and Indicated (M&I) categories, new discoveries, and economic studies for an upscaled production restart at the Green Bay Project in Canada ...

Core Points - Lion Copper and Gold Corp. announced a non-brokered private placement of secured convertible debentures for gross proceeds of up to US$2,500,000 [1][2] - The debentures will have an interest rate of 12% per annum and will mature in 12 months, with a conversion price of US$0.0965 per share [2] - Proceeds from the offering will be used to purchase lands and associated mineral rights for the Company's Yerington area projects [2] - The repayment of the debentures will be secured against the lands and mineral rights purchased with the proceeds [2] - The Company will issue up to 25,906,735 common share purchase warrants, allowing holders to acquire shares at US$0.0965 for 60 months [3] - A related party transaction involves the issuance of debentures to an insider for US$450,000, relying on exemptions from formal valuation requirements [4] - All securities issued will be subject to a four-month statutory hold period and resale restrictions under US Securities laws [5][6] - The securities have not been registered under the United States Securities Act of 1933 and cannot be sold in the U.S. without registration or exemption [6] - Lion Copper and Gold Corp. is advancing its flagship copper project in Yerington, Nevada through an agreement with Nuton LLC, a Rio Tinto Venture [7]

Core Insights - Kodiak Copper Corp. has initiated a new phase of metallurgical testwork for its 100% owned MPD copper-gold porphyry project in Southern British Columbia, building on previous test results received in Q2 2025 [1][2][3] Summary by Sections Metallurgical Testwork Program - The new testwork program will include composite samples from six deposits and mineralized zones at MPD: Gate, Man, Dillard, West, Adit, and South [2] - The focus will be on enhancing recoveries for both copper and gold through gold characterization studies and optimizing flotation processes [2] - Results from this program are expected in Q1 2026 and will support Mineral Resource definition work and guide future project development [2] Company Leadership and Management - Claudia Tornquist, President and CEO of Kodiak, emphasized the importance of this metallurgical testwork as a de-risking step for the MPD project [3] - JDS Energy and Mining Inc. has been engaged to manage the metallurgical testwork program, with technical guidance from Kodiak advisor Mike Westendorf [3] - The laboratory work will be conducted at Base Metallurgical Laboratories Ltd in Kamloops, supervised by JDS Senior Metallurgist Tad Crowie, P.Eng [3] Project Overview - Kodiak is focused on its copper porphyry projects in Canada and the USA, with the MPD project being the most advanced asset located in a mining district with excellent infrastructure [5] - The MPD project has multiple substantial mineralized zones, with a maiden resource estimate planned for 2025 [5] - The company also holds the Mohave copper-molybdenum-silver porphyry project in Arizona, near the Bagdad mine [7]

Core Insights - The Green Bay Copper-Gold Project in Canada is revealing an extremely high-grade core of copper and gold mineralization over a strike length of at least 800 meters, which remains open for further exploration [2][5][4] - Recent drilling results have shown significant intersections, including 43.6 meters at 7.6% copper equivalent (CuEq) and 15 meters at 16% CuEq, indicating a rich mineralized core that will impact the upcoming Mineral Resource Estimate [2][7][33] - The current Mineral Resource Estimate for Green Bay totals 24.4 million tons at 1.9% for 460,000 tons CuEq of Measured & Indicated Resources and 34.5 million tons at 2.0% for 690,000 tons CuEq of Inferred Resources [11][12] Drilling Results - Recent drilling has confirmed the presence of high-grade mineralization, with notable intersections such as 43.6 meters at 7.6% CuEq in hole MUG25-214, which includes an upper VMS zone grading 14.9 meters at 16.0% CuEq [2][33] - Additional significant intersections include 49.0 meters at 6.1% CuEq in hole MUG25-202 and 86.3 meters at 3.7% CuEq in hole MUG24-079, showcasing the potential for large-scale mining [2][6][11] - Infill drilling has also returned exceptional results, such as 4.1 meters at 17.4% CuEq and 16.0 meters at 13.5% CuEq, further confirming the high-grade nature of the mineralization [8][39] Exploration and Resource Conversion - Eight diamond rigs are currently operational, focusing on upgrading the existing Mineral Resource, extending known mineralization, and exploring new regional discoveries [2][19] - Regional exploration is actively underway, with drill rigs testing conductive geophysical anomalies in the central Green Bay leases, indicating ongoing efforts to expand the resource base [3][14] - The company is well-funded to accelerate its growth campaign and engineering studies following a recent equity raising [15]

Core Viewpoint - ATEX Resources Inc. has announced an increase in its bought deal offering to 36,750,000 units at a price of C$2.60 per unit, aiming to raise approximately C$96 million for the exploration and development of the Valeriano Project in Chile [1][6]. Offering Details - Each unit consists of one common share and one warrant, with the warrant exercisable at C$4.00 for four years [2]. - The underwriters have an option to sell an additional 15% of the total number of securities to cover over-allotments [4]. - The offering will be conducted via private placement in Canada and may also be sold in the U.S. under certain exemptions [5]. Use of Proceeds - The net proceeds from the offering will be allocated for the exploration and development of the Valeriano Project and for general working capital [6]. Project Overview - The Valeriano Project is located in the Atacama Region of Chile, within a mineral belt that includes several significant copper-gold deposits [9]. - The project hosts a large, high-grade copper-gold porphyry mineral resource, with an indicated resource of 475 million tonnes at 0.88% CuEq and an inferred resource of 1,511 million tonnes at 0.75% CuEq [9].

Sagittarius Mines, the company behind the Tampakan copper-gold project in the Philippines, is actively searching for a strategic partner to assist in its development. The company's CEO, Roy Deveraturda, has expressed interest in a partner that can provide "modern technology" to support the project's advancement, reported Bloomberg. The Tampakan copper-gold project is set to become the Philippines' largest gold and copper mine. Situated on the southern Mindanao Island, it is expected to produce approximat ...

Core Insights - Pacific Ridge Exploration Ltd. reported significant drilling results from its RDP copper-gold project, with drill hole RDP-25-012 intersecting 154.7 m of 0.63% copper equivalent (CuEq) or 0.93 g/t gold equivalent (AuEq), including 86.0 m of 0.97% CuEq or 1.44 g/t AuEq [1][4][3] Drilling Highlights - The 2025 drill program at RDP focused on the Day target, confirming the presence of porphyry copper-gold mineralization similar to that found at Red Chris and Saddle North [3][11] - Five drill holes totaling 2,156 m were completed, with notable results from RDP-25-012 and RDP-25-013, which confirmed the elongate and tabular nature of mineralization [4][11] - Drill hole RDP-25-014 expanded the potential for mineralization at the Day target by intersecting 130.8 m of 0.47% CuEq or 0.70 g/t AuEq, located 270 m to the north-northwest of previous intersections [4][27] Mineralization Characteristics - The mineralization at the Day target is characterized by multiphase monzonitic porphyry intrusions and associated potassic alteration, sharing similarities with other significant deposits in northern British Columbia [28] - The company estimates copper recoveries of 80%, gold recoveries of 60%, and silver recoveries of 60% [10] Future Plans - Future drilling will target the intersection between the western and eastern magnetic lobes to explore for high-grade mineralization [27] - A detailed drone magnetics survey is planned for pre-2026 to assist in targeting [27]

Proceeds Allocated for Exploration and Advancement of Valeriano ProjectNot for distribution to United States newswire services or for dissemination in the United States TORONTO, Oct. 22, 2025 (GLOBE NEWSWIRE) -- ATEX Resources Inc. (TSXV: ATX; OTCQB: ATXRF) ("ATEX" or the "Company") is pleased to announce it has entered into an agreement with BMO Capital Markets and Desjardins Capital Markets on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have ...

VANCOUVER, British Columbia, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Visionary Copper and Gold Mines Inc. (the “Company” or “Visionary”) (TSXV: VCG) (OTCQX: VCGMF) is pleased to announce a non-brokered private placement of up to $3.0 million (the “Offering”). The Offering will be used to fund a drilling campaign at the Company’s 100% owned Pt. Leamington Project located in Newfoundland. The Offering will consist of (i) up to 1,560,000 hard dollar units (the “HD Units”) at a price of C$0.75 per HD Unit (the “HD Of ...

Core Viewpoint - Visionary Copper and Gold Mines Inc. is initiating a non-brokered private placement to raise up to $3.0 million to fund a drilling campaign at its 100% owned Pt. Leamington Project in Newfoundland [1] Offering Details - The Offering will consist of three components: 1. Up to 1,560,000 hard dollar units (HD Units) priced at C$0.75 each, aiming for gross proceeds of up to C$1,170,000 [2] 2. Up to 1,333,333 flow-through units (FT Units) priced at C$1.11 each, targeting gross proceeds of up to $1,480,000 [2] 3. Up to 267,175 Manitoba flow-through units (MB FT Units) priced at C$1.31 each, with gross proceeds of up to $350,000 [2] Unit Composition - Each HD Unit will consist of one common share and one-half of one transferable common share purchase warrant [3] - Each FT Unit and MB FT Unit will consist of one flow-through common share and one-half of one transferable Warrant [3] Use of Proceeds - Gross proceeds from the sale of FT Units will be allocated to eligible "Canadian exploration expenses" related to the Pt. Leamington Project, with all qualifying expenditures renounced in favor of the subscribers effective December 31, 2025 [4] - Net proceeds from the sale of HD Units will be utilized for working capital and general corporate purposes [4] Company Overview - Visionary Copper and Gold Mines Inc. is focused on advancing its portfolio of base and precious metals deposits in established Canadian mining jurisdictions, particularly the Pt. Leamington Deposit in Newfoundland [7] - The company has reported an indicated mineral resource of 5.0 million tonnes grading 2.5 g/t AuEq, equating to 402,000 ounces of AuEq [7] - The company is also permitting the Rainbow deposit at its Pine Bay Project, with significant mineral resources reported [7]