Core Viewpoint - Blue Lagoon Resources Inc. has successfully delivered its initial 1,000 tonnes of mineralized material from the Dome Mountain gold mine to its milling partner, marking a significant operational milestone in the company's transition to production [1][2][3] Operational Update - The delivery of the initial tonnage is expected to lead to the processing of Dome Mountain mineralized material by the end of the week, contingent on normal mill scheduling and maintenance activities [2] - The company is focused on advancing underground development and optimizing the mine-to-mill workflow, including logistics and stockpile management [3] - As milling begins, the company plans to provide updates on operational progress, including ongoing deliveries and processing timelines [3] Path to Revenue Generation - Commencing processing is a pivotal step for Blue Lagoon as it aims to generate revenue from gold production, with management prioritizing consistent execution in the early production cycle [5] - The company has a long-term toll milling agreement with Nicola Mining, with first gold sales targeted for Q4 2025 [7] Infrastructure and Development - Blue Lagoon has signed a lease for a new facility to establish its own assay laboratory, which is expected to shorten assay times and enhance decision-making for mining operations [4] - The company achieved a major milestone in February 2025 with the granting of a full mining permit, allowing it to commence underground mining operations [7] Commitment to Sustainability - Blue Lagoon is committed to sustainability and community engagement, aiming to become a profitable gold producer while creating lasting value for shareholders and stakeholders [8]

Results from hole LADD033 reported multiple gold intersections including 26.36 metres grading 4.19 g/t gold, 6.87 metres grading 2.13 g/t gold, 15.49 metres grading 6.92 g/t gold, 16.40 metres grading 3.24 g/t gold and 1.36 metres grading 298 g/t goldToronto, Ontario--(Newsfile Corp. - December 15, 2025) - Loncor Gold Inc. (TSX: LN) (OTCQX: LONCF) (FSE: LO5) ("Loncor" or the "Company") is pleased to announce further multiple, mineralised intersections from its deep drilling program at the Company's 3.66 mi ...

Core Viewpoint - Japan Gold Corp. has successfully completed a geophysical survey at its Hakuryu Project, which will enhance exploration targeting for future drilling campaigns [1][2]. Company Overview - Japan Gold Corp. is a Canadian mineral company focused on exploring high-grade epithermal gold deposits across Japan, holding a significant portfolio of tenements in areas with known gold occurrences [6]. Survey Details - A 34 line-kilometre Controlled-Source Audio Magnetotellurics (CSAMT) and natural source (AMT) geophysical survey was conducted at the Hakuryu Project, producing high-resolution images of subsurface geology [1][2]. - The survey data will refine drill hole locations and support more precise exploration targeting in the next drilling campaign [2]. Drilling Results - The next drilling phase will build on positive results from 2025, including drill hole DDH-HAK-001, which returned 24.10 g/t Au over 0.60 metres, indicating potential for high-grade mineralization [3][8]. - Initial drilling at Hakuryu commenced in April 2025, with significant assay results indicating anomalous gold mineralization associated with a hydrothermal brecciation zone [8]. Project Highlights - The Hakuryu Project is located at the southern end of the Konomai gold field, which historically produced 2.35 million ounces of gold at an average grade of 6.4 g/t [8]. - The mineralization in drill holes DDH-HAK-001 and DDH-HAK-002 indicates continuity over 145 metres of strike, associated with a structural zone that extends for over 5 km [8].

Core Insights - Osisko Development Corp. has announced new infill drilling results from its ongoing 13,000-meter program at the Cariboo Gold Project, with a total of approximately 10,000 meters completed, representing about 72% of the planned drilling [2][3]. Drilling Program Overview - The infill drilling program commenced in August 2025 and is focused on the Lowhee Zone of the Cariboo Gold Project, which is 100% owned by the company [2]. - A total of 5,983 meters of drilling has been completed, with 3,704 meters reported in this release, indicating that approximately 44% of the planned drilling has been executed [5]. Assay Results - The assay results include significant gold grades, such as 8.56 grams per tonne (g/t) over 8.5 meters from a depth of 60.5 meters, and 16.95 g/t over 4.0 meters from 80 meters depth [5][6]. - The results are consistent with modelled reserve stopes and indicate potential for additional mineralization in previously unexplored areas [5][9]. Future Implications - The ongoing infill drilling is expected to refine production designs and sequencing, with the program set to conclude in the first quarter of 2026 [4][5]. - The data gathered will inform an updated local block model and may lead to the addition of new planned reserve stopes based on the final estimation process [9][10].

Gold Market Overview - Gold futures opened at $4,333.50 per troy ounce, slightly above Tuesday's closing price of $4,332.30, with a one-year gain tying its last peak achieved on November 14 [1][4]. Employment and Economic Indicators - The U.S. economy added 64,000 jobs in November, surpassing the expected 45,000 but lower than September's 108,000. The unemployment rate rose to 4.6%, higher than the median forecast and the highest since September 2021 [2][3]. Interest Rate Implications - Job market weakness has led to three interest rate cuts in 2025, contributing to gold's significant rise in value this year [3]. Gold Price Performance - Gold's price performance over different time frames includes a 3% increase over the past week, a 3.3% increase over the past month, and a substantial 63.4% increase over the past year [7].

Vancouver, British Columbia--(Newsfile Corp. - December 15, 2025) - Fuerte Metals Corporation (TSXV: FMT) (OTCQB: FUEMF) ("Fuerte" or the "Company") is pleased to announce a partnership with G Mining Services ("GMS") to produce a Feasibility Study ("FS"), perform preliminary engineering for critical-path items, and lead the eventual mine construction for its 100%-owned Coffee Gold project in Canada's Yukon Territory. Fuerte has also engaged WSP to complete a Preliminary Economic Assessment ("PEA") for the ...

Core Insights - McFarlane Lake Mining Limited has received an Exploration Permit for the Juby Gold Project, marking a significant milestone for the company as it prepares for a major drilling campaign [1][2][3] Exploration Permit and Drilling Plans - The Exploration Permit allows for various activities including diamond drilling, line cutting, and geophysical surveys, enabling the company to execute an expanded drilling program targeting priority areas identified through geological modeling [3][5] - The company has established partnerships with two drilling contractors, including Bagone'an and Wiijiiwaagan Drilling Limited Partnership, which involve local First Nations, enhancing operational depth and community participation [4][5] 2026 Drill Program Objectives - The upcoming 2026 drill program is anticipated to be one of the most significant in the project's history, aiming to expand known mineralized zones, evaluate new targets, and strengthen relationships with local and Indigenous communities [6][7] Mineral Resource Estimates - The current Mineral Resource Estimate (as of September 29, 2025) indicates 1.01 million ounces of gold in the Indicated category at an average grade of 0.98 g/t gold, and an additional 3.17 million ounces in the Inferred category at an average grade of 0.89 g/t gold [8][9] - A sensitivity analysis at a higher gold price of US$3,750 per ounce suggests an increase in the Indicated Mineral Resource to 1.20 million ounces and Inferred Mineral Resource to 4.23 million ounces [9] Company Overview - McFarlane Lake Mining Limited is focused on advancing its flagship Juby Gold Project located in the Abitibi Greenstone Belt, with a portfolio of 100%-owned gold assets across Ontario [12]

Core Viewpoint - Mayfair Gold Corp. is consolidating its common shares at a ratio of two pre-consolidation shares to one post-consolidation share to support its application for listing on the NYSE American [1][3]. Group 1: Share Consolidation Details - The company currently has 133,595,191 common shares issued and outstanding, which will reduce to approximately 66,797,595 shares post-consolidation [2]. - The consolidation has been conditionally accepted by the TSX Venture Exchange, with an expected completion date of December 17, 2025, and trading on a post-consolidation basis will commence on December 18, 2025 [3]. - Outstanding warrants and incentive stock options will be adjusted to reflect the consolidation, increasing their exercise price by a factor of two and halving the number of shares issued upon exercise [2]. Group 2: Shareholder Information - Uncertificated shareholders will have their book-entry accounts electronically adjusted without needing to take additional actions [4]. - Registered shareholders holding physical share certificates will receive a letter of transmittal to exchange their pre-consolidation shares for post-consolidation shares [5]. Group 3: Company Overview - Mayfair Gold is focused on advancing its 100%-owned Fenn-Gib gold project located in Ontario, Canada, which has a mineral resource estimate of 181.3 million tonnes grading 0.74 g/t Au, equating to 4.3 million contained gold ounces [6][8]. - The project is situated in the Timmins gold district, with access via Highway 101, and the company aims to utilize existing infrastructure to advance the project with a commitment to safety and environmental stewardship [6].

Highlights 4,000 metres drilled across 15 diamond holes at Reedy Creek confirming a large, continuous orogenic gold system, with gold intersected in every drillhole to date.Consistent gold mineralization with well-developed arsenic halos confirms drilling is intersecting the upper levels of a vertically extensive system, with geochemical and structural vectoring now pointing toward stronger mineralization at depth.Structural and geochemical signatures display clear parallels with major Victorian gold syste ...

Core Insights - Wesdome Gold Mines Ltd. has reported positive developments in its exploration activities at the Eagle River mine, indicating significant potential for gold deposits in the region [2][6][10] Exploration Updates - The company has identified a new interpretation at the Mishi and Magnacon zones, which opens up 10 kilometers of potential strike length for exploration along the Mishibishu Deformation Zone [2][11] - A comprehensive drilling program in 2025 has confirmed the expansion potential of the Mishi deposit, with initial results indicating near-surface mineralization extending nearly one kilometer to the west of the current pit boundary [8][9] - Drilling at the Dorset Zone has exceeded 14,000 meters in 2025, supporting the development of a new mineral resource estimate, with final resource numbers expected in 2026 [18] Drilling Results - Significant drilling results include hole MSH-2025-024, which intersected 8.3 g/t Au over 4.7 meters core length, indicating potential extensions to the mineralized system at depth [4][9] - The Falcon 720 Zone continues to show high-grade assays, with notable intersections such as 17.3 g/t Au over 1.5 meters core length [19] - The Cameron Lake Iron Formation drilling supports previous work and confirms the deposit remains open at depth and along strike, with intersections of 88.6 meters at 1.0 g/t Au [22] Future Exploration Plans - The company plans to expand its regional exploration program in 2026, focusing on high-priority targets such as the Eagle River Splay-North Diorite and Abbey Lake, which have shown promising geological features [23][24] - An IP ground geophysical survey is scheduled for early 2026 over the north diorite, which is expected to refine drill targets based on recent soil sampling results [23] - The Abbey Lake target, located within a largely untested structural corridor, will be a major focus for the company's 2026 exploration efforts, with historical samples returning values up to 32.0 g/t Au [24][32]