Core Viewpoint - Rua Gold Inc. has reported significant high-grade gold-antimony drilling results at the Auld Creek project, indicating substantial depth potential and continuity of mineralization beyond the current resource estimate [1][2][4]. Company Summary - Rua Gold is focused on expanding the Auld Creek resource, with drilling efforts aimed at both depth and lateral extensions, particularly in the Fraternal and Bonanza prospects [2][4]. - The company has an inferred resource of 700,000 tonnes at 3.1g/t Au and 1.1% Sb, equating to approximately 67,000 ounces of gold and 8,000 tonnes of antimony [11]. - Recent drilling has confirmed high-grade intersections, including 2.1m at 64.0g/t AuEq from a depth of 310m, showcasing the potential for resource growth [4][12]. Industry Context - Antimony is increasingly recognized as a critical mineral due to its applications in renewable energy, batteries, and technology, with prices surging from US$11,350 to over US$60,000 per tonne since early 2024 [8][9]. - The supply of antimony is predominantly controlled by China, Russia, and Tajikistan, making it a strategic material amid geopolitical tensions [8][9]. - New Zealand has included antimony in its Critical Mineral List, reflecting its importance in the global supply chain and the heightened demand for alternative sources [9].

Core Viewpoint - NevGold Corp. has announced significant extensions of oxide gold-antimony mineralization at the Cadillac Valley target within its Limousine Butte Project, indicating promising prospects for further exploration and development in Nevada, a key mining jurisdiction [1][7]. Group 1: Exploration Results - The mineralization at Cadillac Valley now extends over 1.7 kilometers northeast to southwest and over 400 meters laterally, with consistent results across 27 oxide gold-antimony drill holes [6][7]. - Notable drill results include LB119 with 2.28 g/t AuEq over 30.5 meters, LB155 with 1.01 g/t AuEq over 36.6 meters, and LB141 with 1.03 g/t AuEq over 12.2 meters [6][8]. - The ongoing metallurgical testwork program has made positive progress, with results expected in the coming weeks [6][7]. Group 2: Planned Activities - The company plans to continue its active exploration program at Limousine Butte, focusing on advancing both Resurrection Ridge and Cadillac Valley to the Mineral Resource Estimate stage in 2025 [3][7]. - Historical geological data is being evaluated, with a focus on gold and antimony, and re-analysis of historical drilling is currently in progress [6][10]. Group 3: Industry Context - Antimony has been identified as a "Critical Mineral" by the U.S. government, essential for national security and technology applications, with no domestically mined supply currently available [14][17]. - The U.S. Executive Order announced in March 2025 aims to strengthen domestic mineral production and reduce reliance on foreign sources, which is particularly relevant given the global supply concerns for antimony [15][16][18]. - Approximately 90% of the world's antimony supply is produced by China, Russia, and Tajikistan, with recent restrictions on exports from China exacerbating supply chain issues [18]. Group 4: Company Overview - NevGold is focused on large-scale mineral systems in Nevada and Idaho, owning a 100% interest in multiple gold and copper projects [27]. - The company is committed to unlocking the value of its assets, particularly in light of the growing importance of antimony in various applications [7][17].

Core Viewpoint - Nova Minerals Limited is preparing for a significant 2025 field season at its Estelle Project in Alaska, with a 15,000-meter drilling program aimed at advancing key gold and antimony deposits towards feasibility and permitting [3][4]. 2025 Field Program Preparations - Preparations for the field season include clearing the Whiskey Bravo airstrip, transporting fuel and supplies, and mobilizing drill teams and equipment [4][5]. - The drilling program will utilize two diamond drill rigs and a reverse circulation (RC) rig, with operations expected to run continuously during the Alaskan summer [8]. - Initial drilling will focus on RPM, Stibium, and Korbel deposits, with a comprehensive surface sampling program planned across the broader Estelle project area [6][23]. Drilling Focus Areas - Approximately 10,000 meters of drilling is planned at RPM, targeting resource definition and exploration drilling to expand the deposit [11][13]. - At Stibium, around 3,000 meters of drilling will aim to establish a maiden mineral resource estimate for both gold and antimony, with significant surface sampling results reported [17][19]. - Korbel will see approximately 2,000 meters of drilling, focusing on evaluating a potential higher-grade starter pit [21]. Economic Context - The company highlights the strategic significance of its assets, with gold and antimony prices near historic highs, which could enhance the economic return of the Estelle Project [3][5]. - Nova is pursuing potential U.S. Department of Defense funding to accelerate the establishment of a mineral resource estimate and production capabilities at Estelle [6][25]. Feasibility and Environmental Studies - Alongside drilling, Nova is advancing its metallurgical, environmental, and process engineering test work to support the ongoing feasibility study and streamline the permitting process [25]. Company Overview - Nova Minerals Limited is focused on the exploration and development of gold, antimony, and critical minerals, with the Estelle Project comprising over 514 km of mining claims in the Tintina Gold Belt, known for its significant gold and antimony resources [31].

Core Viewpoint - Perpetua Resources Corp. has been awarded additional funding of up to $6.9 million from the U.S. Army to support the development of a domestic supply chain for antimony trisulfide, a critical component for munitions and defense systems [1][2] Funding and Agreements - The new funding builds on a previous award of $15.5 million received in August 2023 under the Ordnance Technology Initiative Agreement (OTIA) [1][2] - The total funding under the OTIA can reach up to $22.4 million, subject to adjustments based on various factors as the program progresses [4] - Perpetua has now received over $80 million in total from the Department of Defense [2] Project Details - The Stibnite Gold Project is expected to supply up to 35% of U.S. antimony demand during its first six years of operations [5] - The project aims to restore American supply chain resilience, create jobs, and address environmental issues at an abandoned mine site [5][10] - Antimony trisulfide is essential for over 300 types of munitions, highlighting the importance of establishing a domestic supply chain [3] Strategic Importance - The partnership with the Department of Defense is part of a broader strategy to secure domestic sources of critical minerals, enhancing national defense capabilities [2][3] - The project aligns with the U.S. Army's "ground-to-round" critical minerals strategy, emphasizing the need for a fully domestic supply chain [2][3]

Core Viewpoint - Southern Cross Gold Consolidated Ltd has announced an upsized private placement of approximately C$143 million/AUD$162 million to fund its strategic Sunday Creek Gold-Antimony Project, reflecting strong demand from institutional and existing investors [1][3][8]. Proposed Placement - The company aims to raise approximately C$143 million through a private placement of 31.8 million common shares at C$4.50 per share and/or Chess Depositary Interests (CDIs) at A$5.10 per CDI [3][4]. - The placement will not require shareholder approval and will be conducted under the company's placement capacity according to ASX listing rules [4]. Pricing and Discounts - The issue price for the CDIs represents an approximate 8.9% discount to the last closing price on April 28, 2025, and an 8.3% discount to the 5-day volume weighted average price prior to a trading halt [5]. - The issue price for the Common Shares represents a 4.1% discount to the last closing price on April 29, 2025, and a 5.0% discount to the 5-day volume weighted average price prior to the trading halt [6]. Timeline and Conditions - The issuance of the Securities is expected to occur in two tranches: Tranche 1 on May 6, 2025, for CDIs and Tranche 2 on May 14, 2025, for the remaining Common Shares [7]. - All Securities will be subject to a four-month hold period from the closing date [7]. Use of Funds - The net proceeds from the placement will be allocated to key milestones for the Sunday Creek Gold-Antimony Project, including: - C$53 million for drilling to establish an Inferred Resource by Q1 2027 - C$27 million for decline development to enhance access to mineralization - C$4 million for a Preliminary Economic Assessment - C$59 million for exploration target expansion and working capital over three years [8][18]. Strategic Importance - The Sunday Creek project is positioned as a significant gold and antimony discovery, with antimony contributing 20% of the in-situ value, which has gained importance due to geopolitical factors affecting supply [16][17]. - The project is expected to be developed primarily based on gold economics, reducing risks associated with antimony while maintaining strategic supply potential [17].