Core Insights - West Point Gold Corp. has announced the remaining drill results from its shallow drilling program at the Gold Chain Project in Arizona, part of a larger 10,000 metre drill initiative [1][3] - The initial phase of the drilling program has successfully demonstrated continuity of mineralization from surface down to previous drilling, positioning the company to complete a maiden resource estimate in 2026 [3][9] Drill Results Summary - The company reported assay results for six drill holes, with significant findings including: - Hole GC25-71: 80.8m of 1.23 g/t Au, with mineralization starting only 1.5m downhole [6][7] - Hole GC25-72: 53.4m of 1.44 g/t Au [6][7] - Hole GC25-79: 28.9m of 2.65 g/t Au, indicating a wider mineralized zone than previously thought [6][7] - Hole GC25-73: 51.8m of 1.44 g/t Au, confirming continuity along strike and dip above previous drilling [6][7] Project Development - The initial portion of the 10,000-metre drill program has been completed with 1,177m drilled in 15 holes across the Tyro Main Zone, establishing a data foundation for a maiden resource estimate [9][10] - Drilling continues beneath the high-grade zone at NE Tyro, with expectations for initial results from these holes before year-end [3][6] Geological Insights - The drilling has revealed significant grades and widths consistent with previously drilled, deeper holes, indicating a broad zone of gold mineralization approximately 50m [10][11] - The Tyro vein system has an estimated true width in excess of 40 metres in the area tested by Holes GC25-72 and GC25-79, supporting higher gold grades in the vein breccia [14][15]

Core Insights - Omai Gold Mines Corp. announced significant assay results from deep drill hole 25ODD-122W, confirming the depth potential of the Wenot Gold Deposit, with multiple gold zones intersected at approximately 700m below the known deposit [1][2][5] - The results suggest a potential doubling of the overall size of the Wenot deposit, indicating a much longer mine life due to the discovery of gold zones extending at least 220m north to south [2][5][24] Summary by Sections Drill Results - The deep hole intersected multiple gold zones, including notable grades of 2.57 g/t Au over 8.6m, 5.12 g/t Au over 3.6m, and 2.19 g/t Au over 7.9m, with the latter including 3.61 g/t Au over 4.4m [4][8][11] - The hole reached a final depth of 2,014m, exceeding expectations, and confirmed the continuation of the Wenot Shear Corridor at significant depths [1][5][10] Geological Context - The Wenot Shear Corridor was first encountered around 1,740m downhole, with various mineralized zones identified within the sheared and altered mafic volcanics [7][10] - The best gold zones were found within the southern sedimentary sequence, extending from the central quartz-feldspar porphyry dike [8][9] Company Outlook - The current Mineral Resource Estimate for the Omai Gold Project, including both the Wenot and Gilt Creek deposits, totals 2,121,000 ounces of gold (Indicated) averaging 2.07 g/t Au [24] - The company plans to conduct further drilling to explore known gold occurrences and optimize the upcoming Preliminary Economic Assessment (PEA) [24]

Core Insights - Liberty Gold Corp. has officially commenced the Feasibility Study (FS) engineering for its Black Pine Oxide Gold Project, with a target completion date set for early Q4 2026 [1][6] Project Development - The initiation of the FS follows the successful completion of the Preliminary Feasibility Study (PFS) in October 2024, and a highly experienced engineering team has been assembled to advance the project [2][6] - M3 Engineering & Technology Corp. has been re-engaged as the lead consultant for the FS, ensuring continuity and efficiency in project execution [3][6] Consultant Engagement - Key consultants retained for the FS phase include firms that were previously involved in the PFS, ensuring familiarity with the project data and design [4][5] - The selection of these firms was based on a rigorous evaluation process, emphasizing their technical excellence and integration capabilities [5] Technical Oversight - Each discipline within the FS will be overseen by Qualified Persons under NI 43-101, maintaining technical continuity and regulatory compliance throughout the study [4] Company Positioning - Liberty Gold is well-positioned for the FS phase due to a strong technical foundation, an experienced in-house team, and a solid funding position, which will facilitate a smooth transition towards construction readiness [6][8]

Dryden Gold More Than Triples the Scale of the Elora Gold System with its 2025 Exploration ProgramNovember 12, 2025 6:00 AM EST | Source: Dryden Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - November 12, 2025) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) (FSE: X7W) ("Dryden Gold" or the "Company") reports the final results from its 2025 drill program along the rapidly expanding, open-ended, high grade Elora Gold System. During 2025, the Company has more than tripled the size of th ...

Core Insights - Trident Resources Corp. announced positive diamond drill results from the Contact Lake Gold Project, with significant gold intersections in the first three drill holes totaling 746 meters [1][4][5] - The results indicate high-grade gold mineralization, with drill hole CL25003 intersecting 7.03 grams per tonne (gpt) Au over 43.25 meters, including 30.06 gpt Au over 9.25 meters [1][6][20] - The exploration at Contact Lake is the first in nearly 30 years, and the company believes it has the potential to evolve into a significant gold asset within its portfolio [4][5] Drill Results Summary - Drill hole CL25003: 7.03 gpt Au over 43.25m, including 30.06 gpt Au over 9.25m [1][6][20] - Drill hole CL25002: 2.49 gpt Au over 29.61m, including 27.09 gpt Au over 2.21m [1][6][20] - Drill hole CL25001: 0.56 gpt Au over 29.50m [1][6][20] Geological Context - The mineralization was found below the Bakos shear structure, indicating significant gold values outside the historical mining footprint [5][7] - The geological setting and results at Contact Lake show similarities to early discovery phases of other successful Canadian gold projects [4][5] Project Potential - Contact Lake is one of five gold deposits in Trident's portfolio, located in Saskatchewan's La Ronge Gold Belt, which is considered underexplored [4][13] - The company sees a larger regional opportunity that could define one of Canada's next emerging gold camps [4][5] Financial Position - Trident Resources has approximately $12 million in cash and marketable securities, positioning the company well for continued exploration efforts [4][5]

Core Insights - Novo Resources Corp. has released an updated corporate presentation highlighting its exploration and development activities in Australia, focusing on key gold projects and upcoming milestones for 2025 [1][2]. Company Overview - Novo Resources is an Australian gold explorer listed on ASX and TSX, targeting standalone gold and copper projects with over 1 million ounces (Moz) development potential [4]. - The company holds a significant land package of approximately 5,500 square kilometers in the Pilbara region of Western Australia and an additional 22 square kilometers at the Belltopper project in Victoria [4]. Key Projects - The Egina Gold Camp is a primary project area where Northern Star Resources Limited is entering a joint venture at the Becher Project, committing A$25 million over four years for a 50% interest [5]. - Novo is also advancing exploration south of Becher in the Egina Gold Camp as part of the Croydon joint venture, where Novo holds a 70% interest [5]. - The company has formed a lithium joint venture with SQM in the Pilbara, providing exposure to battery metals [6]. Recent Developments - Novo has enhanced its exploration portfolio by acquiring the TechGen John Bull Gold Project and the Manhattan Tibooburra Gold Project, both of which show potential for significant discoveries [7]. - These projects align with Novo's strategy of identifying and exploring opportunities with over 1 Moz gold potential [7]. Strategic Focus - Novo Resources is committed to delivering shareholder value through focused exploration, strategic project advancement, and responsible resource development [2][8].

Core Viewpoint - Pasofino Gold is highlighted as a promising investment opportunity due to its advanced Dugbe Gold Project in Liberia, especially with gold prices nearing $4,000 per ounce, making it an attractive near-production play [1][6]. Company Overview - Pasofino Gold's main asset is the Dugbe Gold Project located in Liberia, which is now considered a stable mining jurisdiction in West Africa after historical challenges [4]. - The company has a 25-year Mineral Development Agreement (MDA) with the Liberian government, ensuring a 10% government ownership and a structured tax framework until 2044, with the possibility of a 25-year renewal [5]. Resource and Production Estimates - The company has a total gold resource of approximately 3.9 million ounces, with 3.3 million ounces classified as Measured and Indicated, and 600,000 ounces in the Inferred category [6]. - The estimated mine life is over 14 years, with an average production of about 171,000 ounces of gold annually, and over 200,000 ounces per year for the first five years of commercial production [6]. - At a gold price of $4,000 per ounce, the company is projected to generate approximately CA$500 million in annual cash flow for 14 years, totaling nearly $7 billion in free cash flow over the mine's life [12]. Financial and Corporate Structure - The company recently completed a CA$12 million financing, with insiders purchasing CA$6.4 million of this amount [10]. - The corporate share structure is tightly held, with approximately 50.9% owned by a large shareholder, Mansa Resources, resulting in only about 20% of shares available for public trading [11]. - The current stock price reflects a valuation of roughly $20 per ounce in the ground, significantly lower than many comparable companies [12]. Management - The CEO, Brett Richards, has 37 years of experience in the mining and metals industry, with a strong track record in operational management and project development [7][8]. - Richards has personally invested over CA$1 million into the stock and holds options, aligning his interests with those of shareholders [9]. Market Context - The small-cap and mid-tier mining sector is expected to see increased mergers and acquisitions as companies seek to enhance production and cash flow amid rising gold prices [2][3].

Financial Performance - Free cash flow increased by 141% to $920 million in Q3 2025 compared to $381 million in Q3 2024[20] - Headline earnings increased by 185% to $672 million in Q3 2025 compared to $236 million in Q3 2024[20] - Adjusted EBITDA increased by 109% to $1.56 billion in Q3 2025 compared to $746 million in Q3 2024[20] - Basic earnings increased by 200% to $669 million in Q3 2025 compared to $223 million in Q3 2024[20] - The average gold price received increased by 40% to $3,490/oz in Q3 2025 from $2,486/oz in Q3 2024[80] Operational Performance - Gold production increased by 17% to 768,000 oz in Q3 2025 compared to 657,000 oz in Q3 2024[20] - Total cash costs for managed operations increased by 5% year-on-year to $1,244/oz in Q3 2025 from $1,186/oz in Q3 2024[20, 21] - All-in sustaining costs (AISC) for managed operations increased by 6% year-on-year to $1,766/oz in Q3 2025 from $1,665/oz in Q3 2024[79] Mineral Resources and Reserves - The Mineral Resource at the end of the financial year ended 31 December 2024 was estimated using a gold price of $1,900/oz[11] - The Mineral Reserve at the end of the financial year ended 31 December 2024 was estimated using a gold price of $1,600/oz[11]

Group 1 - Gold stocks experienced a rise following a rebound in gold prices, with several mining stocks and ETFs surpassing key technical levels, indicating potential buying opportunities [2] - AngloGold Ashanti led the rally by posting in-line earnings, confirming its full-year outlook, and announcing a significant dividend payment equal to 50% of free cash flow [2] - Other notable companies mentioned include Hudbay Minerals, which is involved in copper mining, indicating a broader interest in mining stocks [2] Group 2 - Palantir Technologies and Western Digital were highlighted as significant winners in the S&P 500 for 2025, contributing to a market rally [3] - The article also mentions the addition of 16 new stocks to best stock lists, including four hot gold miners, indicating a positive trend in the mining sector [5] - The overall market context includes a high for the Dow, with specific focus on companies like AngloGold Ashanti and GE, amidst fluctuations in gold prices [5]

Core Viewpoint - SSR Mining has announced a new technical study for the Cripple Creek & Victor (CC&V) gold mine, indicating an increase in mineral reserves and an extended projected life for the asset [1][2]. Mineral Reserves and Mine Life - CC&V's mineral reserves are now estimated at approximately 2.8 million ounces of gold, an increase from 2.4 million ounces at the end of 2024, allowing for an additional 12 years of mining and stacking, followed by 14 years of residual leaching [2]. - The mine's life plan suggests a long-lived operation, as stated by SSR's executive chairman [2]. Acquisition and Financial Performance - SSR Mining acquired CC&V from Newmont in February, and the operation has already generated over $100 million in after-tax free cash flow, effectively paying back the acquisition cost [3]. - CC&V is projected to produce between 90,000 to 110,000 ounces of gold in the current year, with an average annual output expected to be 141,000 ounces from 2026 to 2028 [3]. Net Present Value and Internal Rate of Return - At an average gold price of $3,240 per ounce, CC&V's after-tax net present value (NPV) is estimated at $824 million, which could rise to approximately $1.5 billion if gold averages $4,000 per ounce [4]. - The acquisition has an implied internal rate of return exceeding 100% based on cash payments and projected cash flow [4]. Resource Expansion Potential - The new technical report includes a proposed expansion of the mine's open pits and leach pads, with significant ore expected to be sourced from existing operational pits [5]. - CC&V holds 235.1 million proven and probable tonnes grading 0.37 grams of gold per tonne, totaling 2.8 million ounces, with additional measured and indicated resources of 4.8 million ounces and inferred resources of 2 million ounces [6]. Future Mine Life Extensions - The additional 6.8 million ounces of resources not included in the current mine plan provide SSR with significant optionality to extend CC&V's mine life in the future [7]. - Analysts view CC&V as a generational asset for SSR, offering substantial free cash flow and leverage to higher gold prices [7]. Cost Projections - SSR anticipates all-in sustaining costs to average $2,051 per ounce of gold sold during the 2026-28 period, and $2,135 for the 2026-30 period [8]. - The higher-than-expected life-of-mine unit operating costs have surprised analysts, exceeding previous estimates and actual costs incurred by both SSR and Newmont [8]. Location and Market Performance - CC&V is situated about 160 km southwest of Denver, covering 61 square kilometers in a prolific U.S. gold mining district, with extensive drilling completed [9]. - SSR's shares experienced a slight decline of 0.2% to C$29.11, giving the company a market capitalization of approximately C$5.9 billion ($4.2 billion) [9].