Provenance Discovers New Mineralized Zone at Herman Assaying 5.94 g/t Gold Over 19.81m within 1.56 g/t Gold Over 254.51m From Surface: Extending Mineralization to the SouthNovember 05, 2025 5:00 AM EST | Source: Provenance Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - November 5, 2025) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) ("Provenance" or the "Company") is pleased to announce assay results from the third hole of the Company's first step-out drilling in the Herman Area a ...

Core Insights - Alamos Gold (AGI) has seen a stock price increase of approximately 16% since early July, when it was identified as one of the best gold miners still trading below fair value [1] Company Research - The analyst has over 10 years of experience researching companies across various sectors, including commodities like oil, natural gas, gold, and copper, as well as technology and emerging market stocks [1] - The analyst has researched over 1000 companies in depth, which contributes to the quality of insights provided [1] - The focus has shifted to a value investing-oriented YouTube channel after three years of blogging, with hundreds of companies researched [1] - The analyst expresses a particular interest in metals and mining stocks, while also being comfortable with other industries such as consumer discretionary/staples, REITs, and utilities [1]

Core Points - Gander Gold Corporation has received a Failure-to-File Cease Trade Order from the British Columbia Securities Commission due to non-compliance with filing requirements [1] Group 1: Regulatory Actions - The British Columbia Securities Commission issued a Failure-to-File Cease Trade Order dated November 3, 2025 [1] - The order was issued under Multilateral Instrument 11-103, which addresses failure-to-file cease trade orders in multiple jurisdictions [1] Group 2: Company Compliance - The cease trade order was a result of Gander Gold Corporation's failure to file key periodic disclosure documents for the financial year ended June 30, 2025 [1] - The missing documents include annual audited financial statements, annual management's discussion and analysis, and certification of annual filings [1]

Core Points - Sassy Gold Corp. has received a Failure-to-File Cease Trade Order from the British Columbia Securities Commission due to non-compliance with filing requirements [1] Group 1: Regulatory Actions - The British Columbia Securities Commission issued a Failure-to-File Cease Trade Order dated November 3, 2025 [1] - The order was issued under Multilateral Instrument 11-103, which addresses failure-to-file cease trade orders in multiple jurisdictions [1] Group 2: Company Compliance - The cease trade order was a result of Sassy Gold Corp.'s failure to file key periodic disclosure documents for the financial year ended June 30, 2025 [1] - The missing documents include annual audited financial statements, annual management's discussion and analysis, and certification of annual filings [1]

Core Insights - Aura Minerals Inc. reported record production and financial results for Q3 2025, achieving 74,227 gold equivalent ounces (GEO) and an Adjusted EBITDA of US$152 million, driven by strong operational performance and higher gold prices [2][3][4]. Financial Performance - Total production in Q3 2025 was 74,227 GEO, a 16% increase from Q2 2025 and a 9% increase from Q3 2024. For the first nine months of 2025, production reached 198,346 GEO, consistent with the same period in 2024 [3][4][11]. - Net revenue for Q3 2025 was US$247.8 million, a 59% increase year-over-year and a 30% increase quarter-over-quarter. For 9M 2025, net revenue totaled US$600.1 million, up 42% from 9M 2024 [15][17][21]. - Adjusted EBITDA for Q3 2025 was US$152.1 million, marking a 95% increase compared to Q3 2024 and a 43% increase from Q2 2025. The Adjusted EBITDA margin improved to 61% [28][30][29]. Production and Sales - The average realized gold price in Q3 2025 was US$3,385/oz, a 40% increase from Q3 2024. Copper prices also rose, averaging US$4.74/lb, a 13% increase year-over-year [16][17]. - The Borborema mine commenced commercial production in September 2025, contributing 10,219 GEO in Q3 2025. This mine is expected to be a key asset for the company [8][12]. Cost Management - Cash costs for Q3 2025 were US$1,110/GEO, a 3% decrease from Q2 2025, while All-in Sustaining Costs (AISC) were US$1,396/GEO, down 4% from the previous quarter [18][20]. - The company maintained disciplined cost management, with gross profit reaching US$149.6 million in Q3 2025, resulting in a gross margin of 60% [21][22]. Debt and Capital Expenditure - Net debt decreased significantly to US$63.8 million by Q3 2025, a 77% reduction from Q2 2025, supported by strong cash flows and reduced capital expenditures [6][19]. - Total capital expenditures for Q3 2025 were US$31.6 million, a 37% decrease from Q2 2025, primarily due to the completion of the Borborema construction [19][6]. Other Developments - Aura announced an incentive program for the conversion of Brazilian Depositary Receipts (BDRs) into common shares, enhancing stock liquidity [9]. - The company delisted from the Toronto Stock Exchange to consolidate trading in the U.S. equity market, effective September 25, 2025 [7].

Core Points - Aura Minerals Inc. has declared a dividend of US$0.48 per common share, totaling approximately US$40.1 million, exceeding the minimum outlined in its Dividend Policy [1][4] - The dividend will be paid on November 21, 2025, to shareholders of record as of November 17, 2025 [2] - Holders of Brazilian Depositary Receipts (BDRs) will receive US$0.16 per BDR, with payments expected around December 2, 2025 [3] Financial Performance - In Q3, the company achieved record-high production and stable costs, alongside higher gold prices, resulting in record-high EBITDA [4] - The trailing 12-month dividend and buyback yield stands at 7.4%, positioning the company among the top gold miners for dividend yield [4] Company Operations - Aura operates five assets, including gold mines in Honduras and Brazil, and a copper, gold, and silver mine in Mexico [6] - The company is advancing projects such as Borborema, Matupá, and Era Dorada towards construction decisions [4]

Financial Data and Key Metrics Changes - In Q3, the company produced 103,000 gold equivalent ounces at an all-in sustaining cost (AISC) of $2,359 per ounce, with a full-year production of 327,000 gold equivalent ounces expected to finish within the guidance range of 410,000-480,000 ounces [8][9] - The net income attributable to shareholders was $65.4 million, or $0.31 per diluted share, while adjusted net income was $68.4 million, or $0.32 per diluted share [9][10] - Free cash flow before changes in working capital was $72 million, indicating strong margins despite ongoing investments [10] Business Line Data and Key Metrics Changes - Marigold produced 36,000 ounces of gold at an AISC of $1,840 per ounce, with expectations for a strong Q4 [11] - CC&V produced 30,000 ounces of gold at an AISC of $1,756 per ounce, generating nearly $115 million in asset-level free cash flow since acquisition [13] - Seabee produced 9,000 ounces at an AISC of $3,003 per ounce, with expectations for incremental improvement in Q4 [14] - Puna produced 2.4 million ounces of silver at an AISC of $1,354 per ounce, continuing solid performance [15] Market Data and Key Metrics Changes - The average realized gold price was above $3,500 per ounce for the quarter [9] - The company ended the quarter with $409 million in cash and total liquidity exceeding $900 million, ensuring capacity to fund growth initiatives [8][9] Company Strategy and Development Direction - The company is focused on advancing organic development projects and is optimistic about the potential of Hod Maden, which is considered one of the most compelling undeveloped copper-gold projects in the sector [5][16] - The company is committed to a restart at Çöpler and is in close communication with government authorities for approvals [7][28] - The strategy remains focused on building core jurisdictions and seeking value-accretive opportunities through M&A [44] Management's Comments on Operating Environment and Future Outlook - Management expects a stronger Q4, primarily driven by Marigold and CC&V, despite challenges faced in Q3 [20] - The company is making good progress on key projects and is well-positioned for a strong close to the year [17] - There is a noted increase in public support for the reopening of Çöpler, which may aid in regulatory discussions [28] Other Important Information - The Cripple Creek and Victor technical report is expected to be published soon, providing insights into mineral reserves and expansion potential [5] - The company has spent $44 million on Hod Maden this year and remains on track for full-year growth capital guidance of $60-$100 million [5][16] Q&A Session Summary Question: Expectations for Q4 and production spillover from Marigold - Management confirmed that Q4 strength is expected from Marigold and discussed strategies for handling fines encountered at Red Dot [20][21] Question: Clarification on lower grades at Seabee - Management explained that lower grades were due to increased material from the gap hanging wall, which was lower than expected [24] Question: Update on Çöpler and community support - Management detailed ongoing discussions with regulators and noted increased public support for reopening, which may help but is not the primary driver for regulatory approval [28] Question: Guidance and spending at Hod Maden - Management indicated that spending at Hod Maden is on track to meet guidance and emphasized the importance of the upcoming technical report for project approval [35][42] Question: Strategy for growth and M&A - Management reiterated a consistent strategy focused on organic growth and selective M&A opportunities, emphasizing the importance of due diligence [44]

Core Viewpoint - Monteverde & Associates PC is investigating Coeur Mining, Inc. regarding its merger with New Gold, Inc., questioning the fairness of the deal where Coeur shareholders will own approximately 62% of the combined company [1]. Company Overview - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report and has recovered millions for shareholders [1]. - The firm is located in the Empire State Building, New York City, and specializes in class action securities litigation [2]. Legal Context - The firm emphasizes that no one is above the law and encourages shareholders with concerns to reach out for additional information [3]. - The firm has a successful track record in trial and appellate courts, including the U.S. Supreme Court [2].

Core Insights - Erdene Resource Development Corp. achieved a significant milestone with the first gold pour at the Bayan Khundii Gold Mine on September 14, 2025, and expects to reach nameplate production capacity by the end of 2025 [3][10] - The company is actively exploring opportunities to expand resources at Bayan Khundii and has planned 9,300 meters of drilling in the coming months [3][10] - An updated independent mineral resource estimate for the Zuun Mod Molybdenum-Copper project was announced, confirming it as one of Asia's largest undeveloped projects [3][10] - The company entered an option agreement to acquire up to 80% interest in the Tereg Uul Copper-Gold prospect, located near the Oyu Tolgoi deposit [3][10] Q3 2025 Highlights - First gold production at Bayan Khundii occurred on September 14, with expectations to achieve full production capacity by year-end 2025 [10] - During the quarter, the company sold 342 ounces of gold at an average price of US$3,805 per ounce and 96 ounces of silver at US$44 per ounce [10] - The Bayan Khundii mine is designed to process 650,000 tonnes of ore annually, producing approximately 85,000 ounces of gold [10] - The company mined 2.1 million tonnes of material, including 133 thousand tonnes of ore with an average grade of 2.30 g/t Au and 1.27 g/t Ag as of September 30 [10] - Community development initiatives have been implemented, with about 35% of site personnel being local residents [10] Financial Performance - The company recorded a net loss of CAD 2,748,830 for Q3 2025, compared to a net loss of CAD 1,687,580 in Q3 2024 [10][11] - Exploration and evaluation expenses increased to CAD 579,333, primarily due to costs associated with the Tereg Uul property and new project evaluations [10] - Corporate and administrative expenses rose to CAD 864,892, attributed to increased stock-based compensation and higher professional fees related to share consolidation [10] Resource Estimates - The updated mineral resource estimate for Zuun Mod showed a 22% increase in Measured and Indicated molybdenum resources to 333 million pounds and a 90% increase in Inferred molybdenum resources to 300 million pounds [10] - Copper resources also saw a 16% increase in Measured and Indicated resources to 384 million pounds and a 75% increase in Inferred resources to 350 million pounds [10]

Financial Data and Key Metrics Changes - In Q3 2025, the company produced 103,000 gold equivalent ounces at an all-in sustaining cost (AISC) of $2,359 per ounce, with a full-year production target of 410,000-480,000 gold equivalent ounces, expected to finish in the lower half of that range [8][9] - The net income attributable to shareholders was $65.4 million, or $0.31 per diluted share, while adjusted net income was $68.4 million, or $0.32 per diluted share [10] - Free cash flow before changes in working capital was $72 million, indicating strong margins despite ongoing investments in growth initiatives [11] Business Line Data and Key Metrics Changes - Marigold produced 36,000 ounces of gold at an AISC of $1,840 per ounce, with expectations for a strong Q4, although slightly below initial expectations [12] - CC&V produced 30,000 ounces of gold at an AISC of $1,756 per ounce, generating nearly $115 million in asset-level free cash flow since acquisition [14] - Seabee faced challenges with production of 9,000 ounces at an AISC of $3,003 per ounce, attributed to lower-than-expected grades and a focus on underground development [15] Market Data and Key Metrics Changes - The average realized gold price was above $3,500 per ounce for the quarter, contributing to the financial performance [10] - The company ended the quarter with $409 million in cash and total liquidity exceeding $900 million, ensuring capacity to fund growth initiatives [9] Company Strategy and Development Direction - The company is focused on advancing organic development projects, including Hod Maden, Buffalo Valley, and others, with a strong emphasis on project updates and technical reports [5][18] - The company aims to showcase the potential of key assets like Cripple Creek and Hod Maden, with upcoming technical reports expected to highlight their upside potential [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in a stronger Q4, primarily driven by Marigold and CC&V, while addressing challenges with ore blending at Marigold [22] - Discussions with regulatory bodies regarding the restart of Çöpler are ongoing, with increased public support for reopening noted [30] Other Important Information - The company has spent $44 million on advancing Hod Maden this year and remains on track for full-year growth capital guidance of $60-$100 million [5][18] - The technical report for Cripple Creek and Victor is expected to be published soon, providing insights into mineral reserves and potential expansions [5] Q&A Session Summary Question: Expectations for Q4 performance - Management confirmed that Q4 strength is expected to come primarily from Marigold and CC&V, with adjustments being made to handle ore blending challenges [22][23] Question: Clarification on Seabee's lower grades - Management explained that lower grades were due to an increased proportion of material from the gap hanging wall, which came in at lower grades than expected [26] Question: Update on Çöpler's regulatory discussions - Management indicated ongoing discussions with regulators, focusing on technical aspects for approval, with increased public support for reopening noted [30] Question: Guidance for Hod Maden and potential carryover into 2026 - Management reassured that spending at Hod Maden is on track, with expectations to meet the midpoint of the guidance range [36][37] Question: Strategy regarding M&A and growth opportunities - Management reiterated a consistent strategy focused on organic growth and selective M&A opportunities that fit within established criteria [46][47]