Core Viewpoint - The gold market is experiencing record margins due to high prices, leading to aggressive drilling and expansion efforts by companies like Lake Victoria Gold and others in the industry [1][2]. Company Developments - Lake Victoria Gold is advancing two high-grade projects in Tanzania's Lake Victoria Goldfields, with the first analytical results from a 4,000-meter drill program at the Imwelo Gold Project [3]. - The Area C of the Imwelo project has an average grade of 3.7 g/t gold, with mineralization extending beyond the current open-pit design, validating potential for larger pit and future underground mining [4][5]. - The company has mobilized a second drill rig to accelerate drilling at Area C, expecting steady assay updates through year-end [6]. - Lake Victoria Gold is also pursuing a dual-track strategy at the Imwelo and nearby Tembo Project, with recent financing of $8 million to support work programs [7]. - The company has secured critical regulatory milestones, including an agreement with the Government of Tanzania, positioning it for first production within 12 months of construction [8]. Industry Context - Gold prices are projected to reach between $4,500 and $5,000 in 2026, driven by central banks' elevated purchasing and a potential supply deficit [2]. - Other companies in the industry, such as TRX Gold Corporation and Monument Mining Limited, are also reporting strong results and expanding their operations, indicating a robust exploration environment [9][12].

Core Insights - LaFleur Minerals Inc. is positioned to transition from exploration to production, which is often a favorable entry point for investors due to potential value rerating as companies move towards meaningful cash flow [3][4]. Company Overview - LaFleur Minerals focuses on developing district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec, with a mission centered on the Swanson Gold Project and the Beacon Gold Mill [5]. - The Swanson Gold Project spans approximately 18,304 hectares (183 km²) and includes several gold-rich prospects previously held by other mining companies [5]. - The company has consolidated a significant land package along a major structural break that hosts multiple gold deposits, enhancing its development potential [5]. Infrastructure and Production Capacity - LaFleur owns a fully permitted and modernized Beacon Gold Mill capable of processing over 750 tonnes per day, which is being considered for processing mineralized material from the Swanson project and custom milling for nearby projects [5]. - The strategic location of the Swanson Gold Project allows for easy access to several nearby gold mills, further supporting its development [5]. Market Position and Potential - The company is well-positioned in a world-class jurisdiction, controlling its own infrastructure and trading below the estimated replacement value of its assets, which enhances its attractiveness to investors [4]. - The transition from explorer to producer has historically provided strong returns in the mining sector, making LaFleur's current stage particularly compelling for investment [3][4].

Vancouver, B.C., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Walker River Resources Corp. (“Walker” or the “Company”) (TSX-V: WRR) is pleased to announce additional assay results from the ongoing reverse circulation (“RC”) drill program at the Lapon Canyon portion of the Lapon Gold Project, located within Nevada’s Prolific Walker Lane Gold trend, 60 km SE of Yerington, NV. Highlights: Results from drilling on the new upper drill roads continue to confirm and extend gold mineralization to the south and the east of the ...

Core Insights - Ridgeline Minerals Corp. has announced assay results for the Black Ridge Gold Project and provided an update on the Swift Gold Project, both located in Nevada, with a total potential earn-in expenditure of US $40 million from Nevada Gold Mines [1][2] Black Ridge Project - The Black Ridge Project has seen the completion of one deep core hole to a depth of 1,109 meters, aimed at testing lower-plate host rocks similar to those at the nearby Leeville Mine and Fallon gold deposit [3] - Nevada Gold Mines has incurred US $1,071,000 in qualifying work expenditures at Black Ridge as of November 30, 2025, with a minimum required expenditure of US $4,500,000 by July 14, 2028, to earn a 60% interest in the project [4][5] - The drilling intersected the Lower Plate Rodeo Creek formation at a vertical depth of 773 meters, which was shallower than expected, and returned a highlight intercept of 0.8 meters grading 0.113 g/t gold [4] Swift Project - The Swift Project has completed the second core tail out of five proposed holes for 2025, with assays pending for both completed holes [6] - Nevada Gold Mines has incurred US $14,789,000 in qualifying work expenditures at the Swift Project through September 30, 2025, and must spend a minimum of US $20,000,000 by December 31, 2026, to earn a 60% interest [7] - Drilling at the SW Swift target has previously yielded high-grade gold intercepts, with results from the current drilling expected in the spring of 2026 [6]

Group 1: Company Performance - Newmont Corporation reported strong fiscal Q3 2025 results with revenue of $5.52 billion, a 19.96% year-over-year increase, exceeding estimates by $251.31 million [4] - The company achieved an EPS of $1.71, surpassing estimates by $0.27 [4] - Newmont produced 1.4 million gold ounces and 35 thousand tons of copper during the quarter, leading to an increase in full-year gold production guidance from 5.6 million ounces to 5.9 million ounces [4] Group 2: Analyst Ratings and Price Targets - Fahad Tariq from Jefferies reiterated a Buy rating on Newmont with a price target of $120 [1] - Daniel Major from UBS raised the price target from $105.5 to $125 while maintaining a Buy rating [1] Group 3: Market Outlook - Analysts remain bullish on gold equities due to attractive valuations, with expectations for elevated gold prices in 2026, which could enhance free cash flow and margins for gold equities [2] - Continued demand from central banks and private sector is anticipated to drive gold prices higher in 2026 [3]

Core Insights - Founders Metals Inc. has reported significant gold mineralization results from its ongoing drilling program at the Antino Gold Project in Suriname, particularly at the Parbo, Da Vinci, and Maria Geralda targets [1][3][12] Drilling Results - At the Parbo target, the inaugural drilling revealed broad, intrusion-hosted gold mineralization, including 72.0 meters of 1.01 grams per tonne (g/t) gold, with a high-grade interval of 4.0 meters at 11.97 g/t in hole PB003 [2][4][7] - The Da Vinci target showed continued extension of shear-hosted gold mineralization, with notable results including 19.5 meters of 2.31 g/t gold in hole DV016 [2][10] - At Maria Geralda, drilling has expanded mineralization 400 meters southeast of the initial discovery, with results such as 53.0 meters of 0.41 g/t gold in hole MG006 [2][11] Geological Context - The Parbo target is characterized by a historical gold-in-auger anomaly measuring 1.2 km by 0.6 km, with local samples grading up to 51.42 g/t gold. The current mineralized corridor measures approximately 800 meters by 400 meters and extends down to 250 meters depth [9][12] - The Da Vinci target has confirmed multiple stacked shears within a sedimentary rock package, with a newly identified parallel structure returning 22.5 meters of 0.24 g/t gold [10][12] - At Maria Geralda, the high-grade zone may represent a sub-horizontal shoot or rod-like body, with additional drilling needed to understand the nature of the mineralization [11][12] Future Exploration Plans - The company is preparing a 2026 exploration plan that will incorporate drill-ready targets from newly acquired areas and high-resolution airborne geophysics [13][14] - The ongoing exploration efforts at Antino are expected to continue demonstrating the presence of multiple mineralizing centers across a regional structural framework [12][13]

Scottie Resources Delivers 8.43 g/t Gold over 11.40 M, Strengthening P-Zone Mineralization at Scottie Gold Mine ProjectDecember 11, 2025 7:30 AM EST | Source: Scottie Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - December 11, 2025) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to report new assays from its 2025 drilling of the P-Zone within the Scottie Gold Mine Project ("Scottie Gold Mine" or the "Project"). The road- ...

Core Insights - Sanu Gold Corporation has reported significant drilling results from its Daina property in the Siguiri Basin, Guinea, indicating a broad mineralized corridor with substantial gold potential [3][4][5] Exploration Highlights - The company drilled a total of 17,802 meters in FY-2025, with 12,896 meters focused on the Daina property, revealing extensive near-surface and deeper gold mineralized zones [5][10] - Key targets at Daina include Daina 2, Daina 1 South, and Salat East, with significant gold intercepts reported, such as 16 meters at 1.81 g/t Au from 44 meters at Daina 2 [5][9][12] - The Daina property is characterized by a multi-kilometer gold system, with mineralization remaining open for further exploration [9][10] Financial Position - Sanu Gold is well-funded for continued exploration activities in FY-2026, with approximately CAD 22 million in cash and cash equivalents [5][6] Future Plans - The company plans to initiate systematic follow-up and infill drilling at Daina in Q1-2026, focusing on expanding the identified gold zones [4][24] - Additional exploration activities are planned for the Bantabaye and Diguifara properties, with high-priority drill targets identified based on recent drilling and geophysical surveys [6][24][39] Geological Context - The Daina property exhibits geological similarities to other established deposits in the region, with mineralization controlled by structural features typical of the Siguiri Basin [4][9][14] - The ongoing exploration efforts are expected to unlock significant potential across the district-scale land package held by Sanu Gold [6][50]

Core Viewpoint - Asante Gold Corporation reported challenges in gold production due to equipment mobilization issues at its Bibiani and Chirano mines, but anticipates improvements in Q4 2025 with new initiatives in place to enhance production levels [1][2][3]. Financial Performance - Revenue for Q3 2026 was $129.3 million, a 16% increase from $111.1 million in Q3 2025, primarily driven by a higher average gold price of $3,594 per ounce compared to $2,552 per ounce in the same period last year [10]. - Total comprehensive loss for Q3 2026 was $(215.2) million, compared to $(15.5) million in Q3 2025 [8]. - Adjusted EBITDA for Q3 2026 was $(6.4) million, down from $17.6 million in Q3 2025, reflecting lower gold sales and higher production costs [11]. Production and Operations - Gold equivalent production for Q3 2026 was 37,333 ounces, down from 45,273 ounces in Q3 2025, with gold sold decreasing to 35,982 ounces from 43,551 ounces [12][21]. - The all-in sustaining cost (AISC) increased to $4,574 per ounce in Q3 2026, compared to $2,347 per ounce in Q3 2025, driven by increased stripping requirements and lower grade ore processed [13][22]. Mine-Specific Updates Bibiani Mine - Material movement increased significantly, with total material mined up 318% in Q3 2026 compared to Q3 2025, marking the highest quarterly material mined in three years [16]. - The stripping ratio at Bibiani was approximately 49.4 in Q3 2026, compared to 16.1 in Q3 2025, indicating increased waste removal [14]. - Gold recovery rates improved from 60% to approximately 90% following the operation of the oxygen plant [3]. Chirano Mine - Ore processed increased by 15.3% in Q3 2026 compared to Q3 2025, attributed to stable power availability and plant throughput improvements [32]. - AISC for Chirano increased to $2,964 per ounce in Q3 2026 from $2,031 in Q3 2025, primarily due to lower gold production [34]. Strategic Initiatives - The company plans to enhance production capabilities at both mines, including the full mobilization of equipment and the construction of a road connecting Bibiani to Chirano, expected to be completed by Q2 2026 [23]. - Asante aims to produce between 215,000 and 245,000 ounces of gold at Bibiani in 2026, with a target of achieving annual consolidated gold production of approximately 500,000 ounces by 2028 [24][35]. Management Changes - Asante appointed Patrick Padmore as Vice President of Finance, bringing over 17 years of experience in the resource sector [37].

Core Viewpoint - Viva Gold Corp. is initiating a non-brokered private placement to raise up to CDN$3,000,000 by offering 18,750,000 units at CDN$0.16 each, with each unit comprising one common share and one-half of a warrant [1] Group 1: Offering Details - The offering consists of up to 18,750,000 units priced at CDN$0.16 per unit, aiming for gross proceeds of up to CDN$3,000,000 [1] - Each unit includes one common share and one-half of a non-transferable common share purchase warrant, with each whole warrant exercisable at CDN$0.24 for 36 months [1] - The company may pay finder's fees, subject to TSX Venture Exchange policies, and the offering is pending approval from the exchange [4] Group 2: Insider Participation - Certain insiders may participate in the offering, which would be classified as a "related party transaction" under MI 61-101 [2] - The company anticipates that insider participation will be exempt from formal valuation and minority shareholder approval as it will not exceed 25% of the company's market capitalization [2] Group 3: Use of Proceeds - Proceeds from the offering will be allocated primarily for Pre-Feasibility/Feasibility study work at the Tonopah Gold Project, including technical and environmental studies [3] - Additional funds will be used for geophysical surveys, geological work, and general working capital [3] Group 4: Company Overview - Viva Gold's Tonopah Gold Project is located in a prominent mining area in Nevada and has a high confidence level gold mineral resource [5] - The company is committed to environmentally and socially responsible development, led by experienced management [5][6] - Viva Gold trades on the TSX Venture exchange under the symbol "VAU" and has approximately 145.3 million shares outstanding [6]