Industry Overview - Gold prices have been on an upward trend, influenced by geopolitical tensions in the Middle East and ongoing conflicts in Ukraine, which have increased demand for gold as a safe-haven investment [1][2] - The World Gold Council indicates a scarcity of gold deposits in the mining industry, while central banks in emerging economies continue to purchase gold, further driving demand [4] - Major investment banks like Goldman Sachs and JP Morgan predict gold prices could reach $4,000 per ounce by 2026, indicating a bullish outlook for the gold market [5] Company Highlights Franco-Nevada Corp. (FNV) - FNV is expected to achieve a 39.6% earnings growth in 2025, with a 3.7% increase in earnings estimates over the last 30 days [8][11] - The company has a debt-free balance sheet and focuses on expanding its portfolio and paying dividends, benefiting from rising gold prices [10] - Expected revenue growth rate for FNV is 32.2% for the current year [11] Newmont Corp. (NEM) - NEM is progressing with growth projects, including the Tanami expansion and the Ahafo North project, which is set to begin commercial production in the second half of 2025 [12][13] - The company has an expected revenue growth rate of 2% and earnings growth rate of 20.1% for the current year, with a 6.6% improvement in earnings estimates over the last 30 days [13] Kinross Gold Corp. (KGC) - KGC is focusing on organic growth through its Tasiast mine and has several promising projects that are expected to enhance production and cash flow [14][15] - The company anticipates a 15.3% revenue growth and a 63.2% earnings growth for the current year, with a 6.7% increase in earnings estimates over the last 30 days [16] AngloGold Ashanti plc (AU) - AU operates in multiple regions and has a flagship property in Tanzania, with an expected revenue growth rate of 51.1% and earnings growth of over 100% for the current year [17][18] - The Zacks Consensus Estimate for current-year earnings has improved by 41.1% over the last 30 days [18] Harmony Gold Mining Co. Ltd. (HMY) - HMY is advancing key projects like the Wafi-Golpu copper-gold deposit and the Eva Copper project, which are expected to enhance production significantly [19][20] - The company has an expected revenue growth rate of 1% and earnings growth of over 100% for the current year, with a 22.2% improvement in earnings estimates over the last 30 days [21]

Core Viewpoint - TDG Gold Corp has entered into an amalgamation agreement with Anyox Copper Ltd to acquire the Anyox Copper project, enhancing its position in the mining sector of British Columbia [1][4] Transaction Details - The acquisition will be executed through a three-cornered amalgamation under the Business Corporations Act (British Columbia) [1] - The company has secured a bought deal private placement with BMO Capital Markets and Clarus Securities, raising C$25 million in gross proceeds to support the transaction [1][19] Strategic Positioning - The combination of Anyox Copper and TDG's existing projects provides exposure to precious metals and critical minerals in established mining districts [2] - Post-transaction, TDG will have over C$40 million in cash, enabling nearly year-round exploration activities [2] Management Changes - Paul Geddes, currently CEO of Anyox, will join TDG as Vice President of Corporate Development, focusing on operational excellence and growth [3][4] Exploration Plans - TDG's immediate priority is the Greater Shasta-Newberry project, with plans to resume exploration activities supported by the expanded treasury [5] - The Anyox project will allow for exploration at different times of the year, extending the exploration season across two mining districts [5] Board Changes - Michael Kosowan has been appointed as Chair of the Board, succeeding Stephen Quin, who will remain as a director [6] Share Consolidation - The company intends to seek shareholder approval for a five-for-one share consolidation to enhance its appeal to investors [7] Anyox Copper Project Overview - The Anyox project is located in British Columbia's 'Golden Triangle' and includes the historical Hidden Creek copper mine, which produced approximately 750 million pounds of copper from 1914 to 1935 [10][12] Financial Projections - The proceeds from the concurrent financing will be allocated to exploration activities, including C$8 million for the Greater Shasta-Newberry project and C$5 million for the Anyox project [23]

MONTREAL, June 17, 2025 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG; OTCQX: CHXMF; FSE: CM5R) is pleased to announce the final assay results from the Southwest Zone (“Southwest”) as part of its ongoing 2025 Exploration Program (see February 4, 2025 press release) at its Troilus Project located in northcentral Quebec, Canada. The now concluded Southwest drill program focused on identifying and delineating higher-grade mineralization and enhancing confidence in the block model ...

TORONTO, June 17, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to announce that the Government of Nova Scotia has deemed the Company’s application for an Industrial Approval of a Surface Gold Mine to be complete for the Company’s 100% owned Goldboro Gold Project (“Goldboro”), located in eastern Nova Scotia. The application will now undergo a final review, with an expected date of completion within 60 days of the notice. The Industrial Appro ...

TORONTO, June 17, 2025 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSXV: IVS) (“Inventus” or the “Company”) is pleased to announce additional high-grade assay results from grade-control drilling at Trench 1, as well as the commencement of bulk sample extraction at the 007 North site on its 100%-owned Pardo Gold Project, located 65 km northeast of Sudbury, Ontario. Highlights Initial assay results from 16 shallow grade-control drill holes (within 8 metres of surface) at the Trench 1 site returned an average g ...

Core Viewpoint - Probe Gold Inc. has reported significant results from its 50,000-metre winter infill drill program at the Novador property, which is expected to support the upcoming 2025 pre-feasibility study, confirming continuity and expansion potential of gold resources [2][3][5]. Group 1: Drill Program Results - The infill drill program consisted of 51 drill holes totaling 8,405 metres, yielding notable gold intercepts from near-surface to approximately 200 metres vertical depth in the Bussiere and Creek deposit areas [2][3]. - Significant grades were reported, including 6.2 g/t Au over 4.9 metres and 26.8 g/t Au over 1.0 metre, with additional intersections of 3.1 g/t Au over 17.0 metres [5][6]. Group 2: Project Development and Future Plans - The results from the drilling program are crucial for resource conversion and will form a foundation for the pre-feasibility study, marking an important milestone in advancing the Novador project towards development [3][5]. - The company is making progress in permitting, resource expansion, and optimizing the mine plan, with a strong treasury supporting its commitment to establishing Novador as a top-tier gold development project [3][14]. Group 3: Geological Context - Mineralization along the Courvan trend is characterized by shallow-dipping East-West gold-bearing veins associated with shear zones intersecting the Bourlamaque granodiorite batholith, indicating a favorable geological setting for gold extraction [9][13]. - The Bussiere deposit remains open laterally and at depth, suggesting further exploration potential [9].

Core Viewpoint - Equinox Gold Corp. has successfully completed the acquisition of Calibre Mining Corp., creating a diversified gold producer focused on the Americas with significant growth potential [1][2]. Company Overview - The merger has resulted in a company with a portfolio of mines across five countries, highlighted by two major Canadian gold mines: Greenstone Gold Mine in Ontario and Valentine Gold Mine in Newfoundland & Labrador [2]. - Valentine Gold Mine is nearing completion, with first gold production expected by the end of Q3 2025 [2]. - With both Greenstone and Valentine operating at full capacity, Equinox Gold is positioned to become the second largest gold producer in Canada [2]. Leadership Changes - The Board of Directors of Equinox Gold has seen new appointments from Calibre, including Blayne Johnson, Doug Forster, Omaya Elguindi, and Mike Vint, while retaining several existing directors [4]. - The leadership team will include Greg Smith as CEO, Darren Hall as President and COO, and Peter Hardie as CFO [4]. Strategic Importance - The merger is described as transformative, combining the strengths of both companies to enhance production capabilities and long-term value for shareholders [5]. - Equinox Gold plans to delist Calibre shares from the Toronto Stock Exchange and cease its public reporting requirements [5]. Shareholder Information - Calibre shareholders will automatically receive Equinox Gold shares in their trading accounts within two weeks of the merger closing [6]. - Shareholders with physical certificates must submit a Letter of Transmittal to receive their Equinox Gold shares [6]. Advisory Roles - BMO Capital Markets and GenCap Mining Advisory served as financial advisors to Equinox Gold, while multiple firms provided advisory services to Calibre [7].

Group 1 - Aura Minerals Inc. held its Annual General Meeting of Shareholders on June 16, 2025, via live webcast [1] - The voting results for the election of directors showed high approval rates, with Paulo de Brito receiving 99.943% of votes in favor [3] - KPMG LLP was appointed as the auditors of the Company with 99.978% of votes in favor for their remuneration to be fixed by the board [4] Group 2 - Aura Minerals is focused on the development and operation of gold and base metal projects in the Americas [6] - The Company operates five assets: Minosa gold mine in Honduras, Almas, Apoena, and Borborema gold mines in Brazil, and Aranzazu copper, gold, and silver mine in Mexico [6] - Additional projects include Era Dorada in Guatemala, Tolda Fria in Colombia, and three projects in Brazil: Matupá (under development), São Francisco (in care and maintenance), and Carajás copper project (in exploration phase) [6]

Core Viewpoint - New Found Gold Corp. is expanding its 2025 Work Program at the Queensway Gold Project, focusing on advancing the project towards development with significant drilling and engineering studies planned [1][3]. Work Program Expansion - The 2025 work program will include approximately 70,000 meters of drilling, with 80% dedicated to resource definition and pre-development drilling, and 20% focused on exploration [3][8]. - The company is well-financed following a recent bought deal financing, enabling the expansion of the work program [3]. Drilling Focus - About 80% of the planned drilling will target infill drilling of inferred and unclassified mineralization within the AFZ Core, along with grade control drilling at the Keats and Iceberg zones [4]. - The exploration drilling will focus on high-priority targets such as the Dropkick zone, which is a new high-grade gold target located 11 kilometers north of the AFZ Core [5][6]. Excavation and Sampling - The AFZ Core excavation program is underway, with channel sampling of the Iceberg excavation approximately 80% complete [10]. - Excavation of the Lotto zone is expected to be completed in Q4 2025, with channel sampling planned for Q2 2026 [11]. Regional Exploration - A regional exploration program at Queensway South and Queensway North is ongoing, focusing on the extensions of the Appleton and JBP Fault Zones [12]. - This program includes soil and rock sampling, trenching, and a 156 square kilometer magnetic survey [12]. Engineering and Environmental Studies - The company has engaged SLR Consulting to deliver an initial Mineral Resource Estimate (MRE) and a Preliminary Economic Assessment (PEA), with the PEA expected to be completed by late Q2 2025 [13]. - Additional environmental studies will be conducted in 2025 to ensure all baseline studies are completed for upcoming permitting processes [14]. Company Overview - New Found Gold holds a 100% interest in the Queensway project, which spans 175,600 hectares and covers a 110 km strike extent along two prospective fault zones [16]. - The company is focused on growth and value creation at Queensway, supported by a solid shareholder base, including a 19% holding by Eric Sprott [16].

Core Viewpoint - Perpetua Resources Corp. has successfully closed a registered offering and private placement of common shares, positioning the company to advance the development of the Stibnite Gold Project, which is expected to unlock significant value [3][6]. Financing and Development Plans - The company has submitted an application for up to US$2 billion in project financing to the Export-Import Bank of the United States, which is part of a comprehensive financing package for the Stibnite Gold Project [3]. - The webinar scheduled for June 18, 2025, will provide insights into the recent financing and future plans for the project, featuring key executives including the largest shareholder, John Paulson [2][9]. Project Overview - The Stibnite Gold Project is recognized as one of the highest-grade open pit gold deposits in the United States, focusing on responsible mining practices to restore an abandoned mine site while producing gold and antimony [6]. - Antimony from the Stibnite site is the only known domestic source that meets U.S. defense needs for various military applications [6].