Core Viewpoint - Alamos Gold Inc. has reported significant advancements in its Island Gold District operation, including a 30% increase in Mineral Reserves and an expansion of the Magino mill to 20,000 tonnes per day, which is expected to enhance production and profitability, positioning it as one of Canada's largest and most profitable gold operations [1][2]. Production and Economic Highlights - The IGD Expansion is projected to increase average annual production to 534,000 ounces over the next 10 years, a 27% increase from the Base Case Life of Mine Plan [3][4]. - The total gold production is expected to rise from 5,836,000 ounces in the Base Case to 7,963,000 ounces under the Expansion Study [4]. - Average mine-site all-in sustaining costs (AISC) are anticipated to decrease by approximately 31% to $1,025 per ounce over the initial 10 years post-expansion [3][47]. Mineral Reserves and Resources - The IGD Expansion Study has increased the Proven and Probable Mineral Reserves to 8.3 million ounces, a 30% increase from the previous estimate of 6.3 million ounces [7][19]. - Underground Mineral Reserves have risen by 25% to 5.1 million ounces, while open pit Mineral Reserves increased by 40% to 3.1 million ounces [8][9]. Capital Expenditure - Growth capital for the IGD Expansion is estimated at $542 million, focusing on the Magino mill expansion and accelerated underground development, with total growth capital expected to reach $704 million [55][56]. - The capital for the mill expansion to 20,000 tpd is estimated at $200 million, with significant spending anticipated in 2026 and 2027 [57][58]. Environmental Impact - The IGD Expansion is expected to achieve a 56% reduction in greenhouse gas emissions per ounce produced, further decreasing the emission intensity to 70% lower than the industry average [36][47]. Operational Improvements - The expansion will include enhancements to the Magino mill circuit, such as a new truck dump configuration and a centralized gyratory crusher, aimed at improving processing efficiency and reducing costs [22][40]. - The transition to shaft operations is expected to stabilize costs and improve mining efficiency, with underground mining rates projected to increase to 3,000 tpd by 2029 [23][29]. Financial Projections - The after-tax net present value (NPV) of the IGD Expansion is estimated at $8.2 billion at a long-term gold price of $3,200 per ounce, increasing to $12.2 billion at a price of $4,500 per ounce [13][14]. - The after-tax internal rate of return (IRR) is projected at 53% based on the $3,200 gold price and 69% at $4,500 [14][18]. Summary of Costs - Total cash costs are expected to average $682 per ounce over the initial 10 years post-expansion, reflecting a significant decrease from previous estimates [47][51]. - Open pit mining costs are projected to average C$4.85 per tonne, while underground mining costs are expected to average C$135 per tonne [48][51].

Toronto, Ontario--(Newsfile Corp. - February 3, 2026) - Abitibi Greenstone Gold Corp. (the "Company") is pleased to announce that it has filed a preliminary long form prospectus dated February 3, 2026 (the "Prospectus") with the British Columbia Securities Commission ("BCSC") and the Ontario Securities Commission ("OSC", together with BCSC, the "Commissions") and has applied to the Canadian Securities Exchange (the "CSE") for the listing of its class A common shares (the "Common Shares") on the CSE (the "L ...

Core Viewpoint - CopAur Minerals Inc. has initiated biological and cultural surveys at its Kinsley Mountain and Troy Canyon properties, marking a significant step in project advancement [1][2]. Group 1: Survey Contracts - WestLand Engineering and Environmental Services has been contracted to conduct nesting eagle and raptor surveys, as well as general wildlife and botanical surveys, including noxious weed assessments on both properties [2]. - Mesa Field Services will perform a Class III archaeological survey on both properties, ensuring compliance with project advancement requirements through a gap analysis [2]. Group 2: Competitive Selection - The selection of WestLand and Mesa was made after a competitive bidding process led by the Company's Owner's Team, with both firms having relevant experience in similar projects in Nevada and strong recommendations from previous clients [3]. Group 3: Stock Options - The Board of Directors has approved the grant of 3,600,000 stock options to directors, officers, employees, and consultants, with an exercise price of $0.22 per common share, valid for five years [4]. Group 4: Company Overview - CopAur is focused on mine development in the mineral-rich gold mining regions of Nevada, with its flagship project being the Kinsley Mountain Gold Project, located approximately 80 km SSW of West Wendover [5].

Core Viewpoint - Barton Gold has appointed Bedrock Advisory Partners to manage the credit section of its financing strategy for Stage 1 operations at the Challenger project in South Australia, focusing on optimizing and de-risking the investment strategy as it transitions to low-cost development [1] Group 1: Appointment of Advisors - Bedrock Advisory Partners will handle operational and credit risk modeling for Barton Gold, leveraging the restart of the Central Gawler Mill [1] - The leadership team at Bedrock has extensive experience in natural resources finance, having worked with firms like BNP Paribas and Royal Bank of Canada, and has completed billions in financing for various Australian precious metals groups [2] Group 2: Financing Strategy - Barton is conducting a definitive feasibility study targeting Stage 1 operations at Challenger, utilizing historical higher-grade tailings and limited near-surface materials to maximize development options [3] - Early discussions have been held with various minerals investment, trading, and credit finance groups regarding potential financing options [3] Group 3: Evaluation Process - Bedrock will assist in formalizing and managing a thorough evaluation process for financing options, which may include conventional and structured credit, trade finance, commodities trading, and equity approaches [4] - The company expects Bedrock's technical expertise to enhance its in-house capabilities in metals trading and equity capital markets [4] Group 4: Market Opportunity - The managing director of Barton Gold highlighted the attractive opportunity presented by record high gold prices and over 300,000 ounces of confirmed gold resources, emphasizing the potential of leveraging the Central Gawler Mill for Stage 1 operations [5] - The reinstatement of the Central Gawler Mill is expected to significantly enhance exploration and development options for the Challenger underground mine and regional assets, which could yield high-grade gold and silver mineralization [6]

Core Insights - The company is advancing its Definitive Feasibility Study (DFS) and upgrade drilling for the 'Stage 1' operations at the Central Gawler Mill (CGM) [1] - The company has upgraded its JORC (2012) Mineral Resources to 313,000 ounces of gold [1] - Early discussions are taking place with multiple credit, minerals trading, and investment groups interested in financing the 'Stage 1' operations [1] Financing Strategy - Bedrock Advisory Partners has been appointed to manage the credit portion of the financing process for the 'Stage 1' operations [1] - The Central Gawler Mill is the only gold mill in the region and is strategically located next to the Challenger Gold Project [1]

Core Viewpoint - Compass Gold Corporation has announced a private placement offering to raise between approximately $4 million and $5 million through the sale of units priced at $0.19 each [1][3]. Group 1: Offering Details - The offering consists of a minimum of 21,052,630 and a maximum of 26,315,800 units, each unit comprising one common share and one common share purchase warrant [1][2]. - Each warrant allows the holder to purchase one common share at a price of C$0.25 within three years following the closing date [2]. - The offering is expected to close around February 12, 2026, subject to regulatory approvals and the execution of a definitive agency agreement [5]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated for the evaluation and establishment of a gold processing facility at the Massala prospect, drilling, completion of a metallurgical study, bulk sampling, and general corporate purposes [3]. Group 3: Additional Offering Options - The company has granted the agent an option to sell up to an additional 3,947,370 units at the same offering price, potentially raising an additional gross amount of approximately $750,000 [4]. Group 4: Regulatory Compliance - The units will be offered in compliance with National Instrument 45-106, allowing for sales to purchasers in Canada and other jurisdictions without a hold period under applicable Canadian securities laws [6]. Group 5: Company Background - Compass Gold is a public company incorporated in Ontario, holding gold exploration permits in Mali, with a total land holding of 900 square kilometers [9]. - The company's exploration activities are focused on the Sikasso Property, located in a region with several multi-million-ounce gold projects [9].

Core Viewpoint - Lighthouse Gold Inc. has entered into a definitive option agreement to acquire a 100% interest in the Aurora NW Project located in Guyana, which includes associated mineral rights, permits, and claims [1][2]. Financial Terms - The option to acquire the property is available over a three-year period, with a total cash consideration of $50,000 USD, of which $10,000 USD was paid upon signing the letter of intent, and the remaining balance is due upon signing the definitive agreement [2]. - Additionally, 2,000,000 common shares will be issued on the effective date of the agreement [3]. - A Net Smelter Royalty (NSR) will be granted to the vendor based on annual production levels, with the option for the company to repurchase the NSR for $500,000 USD [3]. Transaction Conditions - The agreement is subject to customary terms and conditions, including the receipt of necessary corporate and regulatory approvals, and is classified as an arm's length transaction [4]. - There will be no changes to the company's board or management in connection with the transaction, and no finder's fees will be paid [4]. Securities Information - All securities issued under this transaction will be subject to a hold period expiring four months from the date of issuance or ten days following the filing of the company's Q2 financial statements reflecting the acquisition [5]. Company Overview - Lighthouse Gold Inc. is focused on mineral exploration and development, particularly in acquiring and exploring gold properties in Guyana, South America [6].

VANCOUVER, British Columbia, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Further to the news release dated December 9, 2025, Great Quest Gold Ltd. (“Great Quest” or the “Company”) (TSX-V: GQ) is pleased to announce that the Company has received conditional approval from the TSX Venture Exchange (the "TSXV") for the Company's proposed reverse takeover transaction (the "Transaction") by Lotus Gold Corporation ("Lotus") under the plan of arrangement (the "Arrangement") comprising the reverse takeover (the "RTO"), Consol ...

Core Viewpoint - Sylla Gold Corp. plans to settle $374,850 of debt by issuing 6,243,000 common shares at a price of $0.06 per share, subject to a four-month hold period and final acceptance by the TSX Venture Exchange [1]. Group 1: Debt Settlement Details - The debt settlement involves the issuance of 6,243,000 common shares at $0.06 each, totaling $374,850 [1]. - The transaction is classified as a "related party transaction," with insiders receiving 3,457,000 common shares [2]. - The company is relying on exemptions from certain requirements of Multilateral Instrument 61-101 due to financial difficulties [2]. Group 2: Approval and Governance - The debt settlement was approved by independent board members, excluding two directors [3]. - No special committee was formed for this transaction, and no dissenting opinions were expressed by the board [3].

Group 1 - Investors are taking a bullish stance on Newmont (NYSE:NEM), with significant options trades indicating potential insider knowledge of upcoming events [1] - The sentiment among big-money traders is mixed, with 48% bullish and 40% bearish positions observed in the options market [2] - The price target for Newmont is projected between $47.5 and $150.0 based on the analysis of volume and open interest in options contracts [3] Group 2 - Recent options activity shows a total of 50 uncommon trades for Newmont, with 14 puts amounting to $1,829,853 and 36 calls totaling $2,991,630 [2] - Current trading volume for Newmont is 5,931,900, with the stock price at $119.12, reflecting a 2.44% increase [7] - An industry analyst from Scotiabank maintains a Sector Outperform rating for Newmont, with a target price of $152.0 [6]