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]

Core Insights - Wesdome Gold Mines Ltd. has made significant progress in its exploration activities at the Eagle River mine, particularly in the Mishi and Magnacon areas, revealing a new interpretation that opens up 10 kilometers of potential strike length along the Mishibishu Deformation Zone [2][3][12] Exploration and Drilling Results - The 2025 drilling program has confirmed the potential for depth extensions and strike length increases in the Mishi Zone, with notable intersections including 8.3 g/t Au over 4.7 meters and 6.4 g/t Au over 2.5 meters [5][10] - Drilling at the Dorset Zone has also shown that the deposit remains open at depth and along strike, with over 14,000 meters drilled in 2025 [4][18] - The Falcon 720 Zone continues to show high-grade assays, with significant intersections such as 10.0 g/t Au over 5.4 meters [19][54] Structural Mapping and New Targets - Detailed structural mapping has defined a newly interpreted basin margin thrust fault along the Mishi-Magnacon trend, indicating a compelling exploration opportunity within the metasedimentary package to the south of the known deposits [12][14][13] - The Feather River and Abbey Lake areas have emerged as high-priority long-term targets based on new structural interpretations and historical data [15][24] Future Plans - The company is on track to expand its regional exploration program in 2026, focusing on validating new interpretations and identifying similar structures across the land package [2][31] - A proof-of-concept drill program is planned for the Feather River target, which is aligned with the new geological model [15][23] - The Abbey Lake target will be a major focus of the 2026 structural mapping program, with initial drill testing scheduled for the fall [24][32]

Core Viewpoint - Equinox Gold is divesting its Brazil portfolio to focus on North American growth, with a total consideration of $1.01 billion (C$1.39 billion) [1][2] Group 1: Transaction Details - The sale includes 100% interests in the Aurizona Mine, RDM Mine, and Bahia Complex [1] - Equinox Gold will receive $900 million in upfront cash upon closing, with an additional contingent cash payment of up to $115 million based on production thresholds achieved one year post-closing [2] - The transaction is expected to close in the first quarter of 2026, pending regulatory approvals [2][6] Group 2: Post-Sale Production Strategy - After the sale, Equinox Gold's production will consist of the Valentine and Greenstone mines in Canada, the Mesquite mine in California, and the El Limón and Libertad mines in Nicaragua [3] - The company aims to increase gold output to between 700,000 ounces and 800,000 ounces in 2026 as the Valentine and Greenstone mines reach nameplate capacity [3] Group 3: Financial Impact and Growth Plans - The proceeds from the sale will fully repay a $500 million term loan and a $300 million Sprott loan, enhancing the company's financial position and reducing interest expenses [5] - Equinox Gold plans to self-fund organic growth and consider capital return initiatives within a disciplined capital allocation framework [5] - The company is focusing on organic growth opportunities in Canada and the US, particularly through projects like the Valentine Expansion and Castle Mountain phase two [4][7]

December 15, 2025 – TheNewswire - Toronto, ON - Total Metals Corp. (“Total Metals” or the “Company”) (TSX-V: TT) (OTCQB: TTTMF) (FSE: O4N) is pleased to announce the filing of a technical report (“Technical Report”) prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and independently prepared by English River Geoscience Ltd. for the 100% owned High Lake – West Hawk Lake Project (“Project”). The Technical Report was completed and filed to sati ...

Core Insights - Lake Victoria Gold Ltd. (LVG) has announced positive results from its ongoing 4,000-metre drill program at the Imwelo Gold Project in Tanzania, confirming the continuation of mineralization beyond historical limits and indicating potential for resource growth [1][6][10] Technical Highlights - **Depth Extension**: Drilling has confirmed mineralization down to over 250 meters, exceeding the historical resource limit of approximately 200 meters. Current drill holes average 120 meters in depth, more than double the historical average of 50 meters, providing new insights below previous models [3][6] - **Lateral Expansion**: New mineralized intervals have been identified outside the primary lode, suggesting opportunities to increase the resource within the current design envelope. The results align with existing historical resource models, enhancing confidence in potential upgrades from Inferred to Indicated resources [4][6] - **Underground Optionality**: The consistent structural continuity and depth extensions support the evaluation of a potential underground development scenario beneath the planned open pit [5][6] Assay Results - Significant assay results include: - IMWDR003: 3.56 g/t Au over 1.21m from 83.04m, including 7.16 g/t Au over 0.41m - IMWDR011: 8.55 g/t Au over 1.30m from 93.34m, including 20.77 g/t Au over 0.31m - IMWDR013: 9.31 g/t Au over 2.45m from 130.00m, including 21.65 g/t Au over 0.96m - IMWDR017: 11.19 g/t Au over 0.90m from 91.80m, including 32.84 g/t Au over 0.30m [8][10] Management Commentary - The President & CEO of LVG expressed that the results validate the company's thesis for Imwelo, highlighting meaningful extensions of mineralization at depth and laterally, which strengthens confidence in the geological model and the long-term potential of the project [10] Company Overview - Lake Victoria Gold is focused on growth and consolidation in the Lake Victoria Goldfield in Tanzania, holding a 100% interest in the Imwelo Project, which is fully permitted for mine construction and production [13][14]

Core Insights - Azumah Resources Gh Limited has selected FLS as its strategic technology partner for the Black Volta gold project in Ghana, with an order valued at approximately DKK 235 million for long-lead equipment and technical support services [1][4]. Equipment and Services - The order includes a range of equipment such as gyratory crushers, a raptor cone crusher, SAG and ball mills, a pre-leach thickener, screens, apron feeders, and KREBS cyclones and pumps, along with equipment for absorption, desorption, refining, and detoxification [2]. - FLS will provide technical support during the detailed engineering phase, site support for installation, start-up, commissioning, and training, as well as spare parts and a performance guarantee for the process equipment [3]. Strategic Importance - The partnership is significant as it marks the development of the first fully Ghanaian-owned gold mine, highlighting FLS's capability in providing industry-leading gold processing solutions and lifecycle support [4].

Core Viewpoint - Gold stocks are rising against the market trend, driven by increasing gold reserves and strong global demand for gold [1] Group 1: Company Performance - Zijin Mining International (02259) increased by 5.78%, reaching HKD 155.4 - Chifeng Jilong Gold Mining (06693) rose by 4.87%, reaching HKD 31.9 - Tongguan Gold (00340) gained 2.79%, reaching HKD 2.95 - Lingbao Gold (03330) increased by 1.69%, reaching HKD 18.07 [1] Group 2: Industry Trends - As of the end of November, China's gold reserves reached 74.12 million ounces, an increase of 30,000 ounces from the previous month - In the third quarter, global gold demand reached 1,313 tons, with a total value of USD 146 billion, marking the highest quarterly demand on record [1][1] Group 3: Market Outlook - Ping An Securities reports that a potential interest rate cut by the Federal Reserve in December may lead to a gradual increase in gold prices - Long-term factors include unresolved U.S. debt issues and weakening dollar credit, which may continue to support central bank gold purchases and growing investment demand for gold [1][1]

Company Overview - Equinox Gold (EQX) is a multi-asset gold producer based in North America with operational mines located in Canada, the U.S., Nicaragua, and Brazil [1] Investment Philosophy - Mountain Valley Value Investments specializes in identifying undervalued companies with strong growth potential across various sectors [1] - The investment philosophy is focused on long-term value and buying at the right price, leveraging deep industry insights and rigorous analysis [1] - The aim is to uncover opportunities with the potential to deliver strong returns while highlighting risks that may impact the investment thesis [1]

Core Viewpoint - Equinox Gold has sold its Brazilian operations to China's CMOC Group for over $1 billion, marking a strategic shift towards becoming a North American-focused gold producer [1][4]. Group 1: Sale Details - The sale includes Equinox's 100% interest in the Aurizona mine, RDM mine, and Bahia complex, which are expected to produce 250,000–270,000 ounces of gold this year [2]. - The total consideration for the sale consists of an upfront cash payment of $900 million and a contingent cash payment of up to $115 million based on production, due one year after closing [3]. Group 2: Strategic Shift - The CEO of Equinox Gold stated that the asset sale is a pivotal step that positions the company as a pure North American-focused gold producer, supported by robust cash flow and a strong growth profile [4]. - Following the divestment, the company's portfolio will focus on the Valentine and Greenstone mines in Canada, along with the Mesquite mine in California [4][6]. Group 3: Financial Impact - The sale is expected to strengthen Equinox's financial position, allowing the company to repay its $500 million term loan and a $300 million loan with Sprott [8]. - This immediate debt retirement will significantly reduce interest expenses and enhance per-share cash flow, facilitating organic growth funding [9]. Group 4: Future Production Outlook - Equinox anticipates that the Valentine and Greenstone mines will contribute significantly to production, with expectations of 700,000–800,000 ounces next year as they reach nameplate capacity [10].

Core Viewpoint - Equinox Gold Corp. has agreed to sell its Brazil Operations for a total consideration of $1.015 billion, which includes $900 million in upfront cash and up to $115 million in contingent payments based on production thresholds [1][2][6]. Financial Impact - The transaction will allow Equinox Gold to fully repay its $500 million Term Loan and $300 million Sprott Loan, significantly improving its financial position and reducing interest expenses [2][10]. - The company anticipates enhanced cash flow per share and increased flexibility for self-funding organic growth and capital return initiatives [2][10]. Strategic Focus - The sale simplifies the company's portfolio, enabling a focus on higher-return, lower-risk growth opportunities in North America, particularly in Canada and the United States [3][5]. - Key assets post-transaction will include the Valentine and Greenstone mines in Canada, the Mesquite mine in California, and operations in Nicaragua, with expected annual production of 700,000 to 800,000 ounces of gold in 2026 [4][10]. Growth Potential - The company is positioned for near-term organic growth through expansions at Valentine and Castle Mountain, as well as a redefined development plan at Los Filos in Mexico [4][10]. - The contingent cash payment of up to $115 million is linked to production thresholds, incentivizing performance post-sale [6][10]. Advisory and Legal Support - BMO Capital Markets is acting as the financial advisor for Equinox Gold, providing a fairness opinion on the transaction, while legal counsel is provided by Blake, Cassels & Graydon LLP in Canada and Veirano Advogados in Brazil [7].