RENO, NEVADA / ACCESS Newswire / October 29, 2025 / Brookmount Explorations Inc. (OTC:BMXI), a gold exploration and production company, is pleased to confirm the The Board of Directors of Brookmount Gold is pleased to confirm progress on the restructuring of the North American assets and special share dividend. The Company's legal counsel recently reserved the corporate name "North America Gold, Inc." and is in the process of incorporating the new company under Nevada law. ...

Core Insights - Falcon Gold Corp. has filed a Notice of Work Permit for the Sunny Boy - Spitfire project, allowing for an aggressive exploration program including trenching, diamond drilling, and geophysical surveys to test high-grade structures and expand the known gold system [1][2] Exploration and Development - The Merritt area has a rich history of gold exploration, with past operators focusing on narrow high-grade veins, while Falcon aims to explore broader geological frameworks for larger mining widths [2] - Falcon's field team is preparing a 25-hole drilling program to test surface mineralization along the Master Zone, indicating confidence in the district's potential as a significant gold camp in British Columbia [2] - Previous work in August 2020 highlighted a sample from the Master Vein averaging 59.8 g/t Au over 2.2 meters, with a notable interval of 122 g/t Au [3][4] Assay Results - Selected assay results from the 2020 sampling program show high-grade gold values, including a channel sample from the Master Vein at 122 g/t Au and a grab sample from the Cliff Vein at 22.8 g/t Au [4][5] - The Master Vein has reported high-grade gold mineralization up to 50.53 oz/t, with historical exploration indicating significant potential [5][8] Geological Context - The Sunny Boy & Spitfire project is characterized as an epithermal gold deposit, with geological similarities to other developed projects in the region, such as Prospect Valley and Shovelnose [8] - Falcon's due diligence work confirmed gold mineralization along the Master Vein over a 300-meter strike length, with samples ranging from 0.33 to 2.74 oz/t Au [9] Future Plans - The company plans to confirm the extent of gold mineralization at depth and has recently acquired new claims, adding 500 meters of strike length to enhance exploration potential [9]

Core Insights - IAMGOLD Corporation has signed a definitive agreement to acquire all outstanding common shares of Mines D'Or Orbec Inc. to consolidate its land position in Quebec's Chibougamau region [1] - The acquisition aims to add the Muus Project, which is adjacent to IAMGOLD's existing Nelligan and Monster Lake assets, enhancing its exploration potential [1][3] Group 1: Acquisition Details - The Muus Project adds 24,979 hectares of mineral rights, increasing IAMGOLD's total property in the area to 38,403 hectares [2] - The project is strategically located at the intersection of two significant deformation zones, enhancing its geological potential [2] Group 2: Resource Expansion - The combined Nelligan and Monster Lake Projects hold estimated Measured and Indicated Mineral Resources of 3.2 million ounces of gold and Inferred Mineral Resources of 5.6 million ounces of gold [3] - IAMGOLD plans to expand its exploration program in the region, focusing on extending mineralization at both Nelligan and Monster Lake [3]

Core Insights - The article highlights the top-performing leveraged and inverse ETFs from the previous week, emphasizing the significant returns driven by market dynamics and investor sentiment [1]. Group 1: Top Performing Inverse ETFs - DZZ (Deutsche Bank Ag London Gold Double Short) achieved a remarkable return of 105.71%, attributed to declining gold prices as optimism around U.S.-China trade talks diminished gold's appeal as a safe-haven asset [3]. - GDXD (MicroSectors Gold Miners -3X Inverse Leveraged ETNs) ranked second with a return of 20.39%, providing inverse leveraged exposure to global gold miners [4]. - JDST (Direxion Daily Junior Gold Miners Index Bear 2X Shares) returned approximately 14.47%, focusing on the inverse performance of junior gold miners [7]. - DUST (Direxion Daily Gold Miners Index Bear 2X Shares) also performed well with a return of around 13.10%, benefiting from rising hopes for a U.S.-China trade deal [10]. Group 2: Top Performing Leveraged ETFs - AMDL (GraniteShares 2x Long AMD Daily ETF) provided a 16.64% return, driven by positive developments for AMD, including new partnerships and favorable analyst reports [5]. - DFEN (Direxion Daily Aerospace & Defense Bull 3X Shares) achieved a return of 15.78%, supported by increased U.S. defense spending and a solidified defense budget [6]. - HOOX (Defiance Daily Target 2X Long HOOD ETF) gained approximately 14.10%, as Robinhood's stock surged due to analyst upgrades and expectations of high trading volumes [8]. - BOIL (ProShares Ultra Bloomberg Natural Gas) saw a return of over 12.83%, driven by rising natural gas prices due to increased demand and forecasts for colder weather [11]. - KORU (Direxion MSCI Daily South Korea Bull 3X Shares) returned around 11.90%, reflecting South Korea's accelerating economic growth and upcoming trade negotiations [12]. - DPST (Direxion Daily Regional Banks Bull 3X Shares) achieved a return of 10.84%, as regional banks pursue mergers and strategic expansions in a competitive market [13].

Core Viewpoint - Pasofino Gold Limited announced that all proposals submitted to shareholders at its annual general and special meeting were approved, reflecting strong shareholder support with over 75% approval for each matter voted on [1][2]. Group 1: Meeting Results - Four matters were voted on and received greater than 75% approval, with approximately 83 million shares voted at the meeting [2]. - The company expressed gratitude to its shareholders for their continued support [2]. Group 2: Company Overview - Pasofino Gold Limited is a Canadian-based mineral exploration company listed on the TSX Venture Exchange, owning 100% of the Dugbe Gold Project prior to the Government of Liberia's 10% carried interest [11]. - The Dugbe Gold Project spans 1,410 km² in southern Liberia and is located within the Birimian Supergroup, known for hosting significant West African gold deposits [4]. Group 3: Project Details - The Dugbe Gold Project has two identified deposits, Dugbe F and Tuzon, with a combined Mineral Resource Estimate of 3.3 million ounces (Moz) at an average grade of 1.37 g/t Au, and an additional 0.6 Moz in Inferred resources [5]. - A Definitive Feasibility Study completed in June 2022 led to a Mineral Reserve Estimate based on open-pit mining over a 14-year Life of Mine [6]. Group 4: Future Plans - The company is focusing on updating the feasibility study for the Dugbe Gold Project to support project financing efforts aimed at commencing construction in 2026 [10].

Financial Data and Key Metrics Changes - In Q3 2025, the company generated nearly $100 million in free cash flow, with gold and copper production reaching almost 82,000 ounces and 13.4 million pounds respectively [4] - The cash balance increased to over $560 million, allowing the company to fund the Thompson Creek Restart project while returning $32 million to shareholders through buybacks and dividends [4][19] - Adjusted net earnings for Q3 were $66 million, or $0.33 per share, benefiting from strong production and elevated metal prices [16] - Consolidated all-in sustaining costs on a byproduct basis were $1,652 per ounce in Q3, with expectations to remain near the low end of guidance for 2025 [16] Business Line Data and Key Metrics Changes - Mount Milligan produced over 32,500 ounces of gold and 13.4 million pounds of copper in Q3 2025, with all-in sustaining costs at $1,461 per ounce, a 14% increase from the previous quarter [12] - Öksüt achieved production of 49,000 ounces in Q3, exceeding expectations due to higher grades, with all-in sustaining costs at $1,473 per ounce, a 16% decrease compared to the last quarter [13][14] - The Molybdenum business unit sold approximately 3.1 million pounds at an average price of $24.42 per pound, but incurred a cash flow deficit due to spending on the Thompson Creek Restart [16][18] Market Data and Key Metrics Changes - The average realized price for gold was $3,178 per ounce and for copper was $3.73 per pound, reflecting the impact of existing streaming arrangements [16] - The company noted increased confidence in the U.S. steelmaking sector, which is beneficial for its molybdenum products [31] Company Strategy and Development Direction - The company is focused on a self-funded growth strategy, with significant investments planned for Mount Milligan and other projects, including a $186 million non-sustaining capital expenditure plan [7][8] - The Mount Milligan Pre-Feasibility Study (PFS) extended the mine life to 2045, with an average annual production forecast of 150,000 ounces of gold and 69 million pounds of copper from 2026 to 2042 [7][9] - The company is advancing sustainability initiatives, including a renewable diesel pilot project aimed at reducing greenhouse gas emissions [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving production guidance for both Mount Milligan and Öksüt, with expectations for strong production in Q1 2026 [28] - The company is monitoring the favorable environment for U.S.-based mining and potential strategic deals related to molybdenum [31][32] - Management emphasized the importance of optimizing operations and enhancing shareholder value through disciplined capital allocation [20][21] Other Important Information - The company has initiated a life-of-mine optimization study at Öksüt to evaluate the asset's full potential, including residual leaching and expanding the pit [14][15] - The company has returned over $95 million to shareholders through dividends and share buybacks year-to-date [18][19] Q&A Session Summary Question: What drove the lower recovery at Mount Milligan in Q3? - Management explained that the recovery was impacted by a higher ratio of pyrite to chalcopyrite than previously modeled, which affected the recovery rates [23][24] Question: Will Öksüt see strong grades in Q1 2026? - Management confirmed confidence in achieving production guidance and expects strong production in Q1 2026 due to positive reconciliation [28] Question: Is there potential for a strategic deal with the U.S. Government regarding molybdenum? - Management acknowledged the favorable environment for U.S. mining and indicated they are monitoring potential strategic opportunities, although no current deals are in place [31][32] Question: Will the life-of-mine optimization study at Öksüt require additional permitting? - Management stated that while modifications for residual leaching would be necessary, the study primarily focuses on managing accumulated inventories without significant new permitting requirements [38] Question: What is the plan for improving recoveries at Mount Milligan? - Management outlined that the PFS aims to create a mine plan that optimizes feed blending to improve recovery rates, with expectations to start seeing improvements in Q1 of the following year [40][41]

Financial Data and Key Metrics Changes - In Q3 2025, the company generated nearly $100 million in free cash flow, with a cash balance exceeding $560 million, allowing for funding of the Thompson Creek Restart project and returning $32 million to shareholders through buybacks and dividends [4][19] - Adjusted net earnings for Q3 were $66 million, or $0.33 per share, benefiting from strong production and elevated metal prices [16] - Consolidated all-in sustaining costs on a byproduct basis were $1,652 per ounce in Q3, with expectations to remain near the low end of guidance ranges for both Mount Milligan and Öksüt in 2025 [17][19] Business Line Data and Key Metrics Changes - Mount Milligan produced over 32,500 ounces of gold and 13.4 million pounds of copper in Q3, with all-in sustaining costs increasing to $1,461 per ounce, 14% higher than the previous quarter [12][13] - Öksüt produced 49,000 ounces of gold in Q3, with all-in sustaining costs at $1,473 per ounce, 16% lower than the previous quarter, reaffirming production guidance for 2025 [13][14] - The Molybdenum Business Unit sold approximately 3.1 million pounds of molybdenum at an average price of $24.42 per pound [17] Market Data and Key Metrics Changes - The average realized price for gold was $3,178 per ounce and for copper was $3.73 per pound in Q3, reflecting the impact of existing streaming arrangements [16] - The company holds a strong financial position with total liquidity exceeding $960 million, including $85 million in equity investments [19] Company Strategy and Development Direction - The company is focused on a self-funded growth strategy, advancing projects like the Mount Milligan Pre-Feasibility Study and the Goldfield Project, which are expected to enhance long-term production capabilities [5][20] - Key investments include $114 million for a second tailings storage facility and $36 million for upgrades to increase process plant throughput [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving production guidance for the remainder of 2025 and highlighted the potential for strong production in Q1 2026 due to higher grades at Öksüt [28] - The company is monitoring the favorable environment for U.S.-based mining and the potential for strategic deals related to molybdenum, a critical mineral [31][32] Other Important Information - The Mount Milligan PFS extended the mine life to 2045, with significant increases in proven and probable reserves to 4.4 million ounces of gold and 1.7 billion pounds of copper [7][9] - Sustainability initiatives include a renewable diesel pilot project aimed at reducing greenhouse gas emissions and community support programs for First Nations [10][11] Q&A Session Summary Question: Concerns about gold recovery at Mount Milligan - Management acknowledged lower recovery rates due to a higher ratio of pyrite to chalcopyrite than modeled, impacting Q3 performance, but expects to meet guidance by adjusting material processing [23][24] Question: Future production expectations at Öksüt - Management is confident in strong production going into 2026, supported by a life-of-mine optimization study to exploit accumulated inventories in heap leaching [28][29] Question: Potential for strategic deals with the U.S. government regarding molybdenum - Management noted the favorable environment for U.S. mining and is monitoring potential strategic opportunities, although no immediate funding needs exist [31][32] Question: Impact of optimization study on permitting for Öksüt - Management indicated that while modifications for residual leaching would be necessary, the study primarily focuses on managing accumulated inventories without requiring extensive new permitting [38] Question: Recovery improvements in later mine life - Management expects to enhance recovery rates through better solution management and potential modifications to permitting, with low capital requirements for significant returns [47][48]

Financial Data and Key Metrics Changes - In Q3 2025, the company generated nearly $100 million in free cash flow, with gold and copper production reaching almost 82,000 ounces and 13.4 million pounds respectively [4][16] - Adjusted net earnings for the quarter were $66 million, or $0.33 per share, benefiting from strong production and elevated metal prices [16] - The cash balance increased to over $560 million, with total liquidity exceeding $960 million [4][19] Business Line Data and Key Metrics Changes - Mount Milligan produced over 32,500 ounces of gold and 13.4 million pounds of copper in Q3 2025, with all-in sustaining costs on a byproduct basis at $1,461 per ounce, a 14% increase from the previous quarter [12][16] - Öksüt produced 49,000 ounces of gold in Q3, with all-in sustaining costs at $1,473 per ounce, which is 16% lower compared to the last quarter [13][16] - The Molybdenum business unit sold approximately 3.1 million pounds at an average realized price of $24.42 per pound [16] Market Data and Key Metrics Changes - The average realized price for gold was $3,178 per ounce and for copper was $3.73 per pound [16] - The company expects consolidated all-in sustaining costs to be near the low end of the guidance range for both Mount Milligan and Öksüt in 2025 [16] Company Strategy and Development Direction - The company is advancing a self-funded growth strategy, with significant investments in projects like Mount Milligan and Goldfield [5][20] - A Pre-Feasibility Study (PFS) for Mount Milligan extended the mine life to 2045, with an average annual production of 150,000 ounces of gold and 69 million pounds of copper from 2026 to 2042 [6][9] - The company is also focusing on sustainability initiatives, including a renewable diesel pilot project at Mount Milligan [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving production guidance for Öksüt and anticipates strong production in Q1 2026 [26][27] - The company is monitoring the favorable environment for U.S.-based assets, particularly for molybdenum, which is seen as a critical mineral [29][31] - Management emphasized the importance of optimizing the mine plan to improve recovery rates and throughput at Mount Milligan [45] Other Important Information - The company returned $32 million to shareholders through share buybacks and dividends in Q3 [4][18] - A life-of-mine optimization study at Öksüt is expected to evaluate the asset's full potential, including residual leaching and expanding the pit [13][14] Q&A Session Summary Question: Concerns about gold recovery at Mount Milligan - Management acknowledged lower recovery rates due to a higher ratio of pyrite to chalcopyrite and plans to adjust mining strategies to improve recovery [24][25] Question: Future production expectations at Öksüt - Management is confident in achieving production guidance and anticipates strong production in Q1 2026, supported by ongoing studies on accumulated inventories [26][27] Question: Potential for strategic deals with the U.S. Government regarding molybdenum - Management noted the favorable environment for U.S. minerals and mining, particularly for molybdenum, and is monitoring potential government deals [29][31] Question: Impact of life-of-mine optimization study on permitting - Management indicated that while modifications may be needed for residual leaching, the study primarily focuses on managing accumulated inventories [39][40] Question: Recovery improvements in later mine life - Management expects to increase grades and recoveries through better solution management and potential minor modifications to permitting [52][53]

Core Insights - Major U.S. stock market indices reached record highs as investors anticipate the Federal Reserve's policy decision, with the S&P 500 climbing 0.23% to 6,890.89, briefly surpassing the 6,900 mark for the first time [1][10] - The Federal Reserve is expected to announce a quarter-point rate cut, with potential additional cuts in the future, despite a slight increase in September inflation [2] - Value investing is gaining traction in the current economic uncertainty, focusing on stocks priced below their intrinsic value [3][10] Market Overview - The Dow, S&P 500, and Nasdaq all achieved new highs, indicating strong investor sentiment [1] - Analysts believe the Fed will prioritize supporting a softening labor market over controlling inflation, although missing economic data due to the government shutdown may complicate policy signals [2] Investment Strategy - Value investing emphasizes purchasing undervalued stocks, which can provide opportunities for profit as markets often misprice stocks [3] - Companies with solid fundamentals and reasonable valuations are highlighted as potential investment opportunities [4] Earnings Yield Metric - Earnings yield is a key metric for value investors, calculated as (Annual Earnings per Share/Market Price) x 100, and serves as a comparison tool against bond returns [5][6] - A high earnings yield may indicate that a stock is undervalued, while a low yield could suggest overvaluation [5] Stock Screening Criteria - The primary screening criterion is an Earnings Yield greater than 10%, supplemented by estimated EPS growth and average daily volume [7][8] - Additional filters include a current price of at least $5 and a Zacks Rank of 1 (Strong Buy) or 2 (Buy) for stock selection [9] Selected Value Stocks - Aura Minerals Inc. (AUGO) is focused on gold and base metal projects, with projected earnings growth of 120.3% and 165.6% for 2025 and 2026, respectively [11] - Commercial Metals Company (CMC) anticipates sales and earnings growth of 5% and 73% for fiscal 2026 [12] - Par Pacific Holdings (PARR) projects significant earnings growth of 951% and 24% for 2025 and 2026 [13] - CorMedix Inc. (CRMD) expects earnings growth of 717% and 34% for 2025 and 2026 [14]

Financial Data and Key Metrics Changes - The company reported third quarter revenue of $463 million, an increase from the prior year due to higher gold and copper prices and sales volumes [13] - Cash generated from operations before working capital adjustments was $296 million, or $0.37 per share, higher than the prior year period [13] - The company achieved record quarterly free cash flow of $205 million, driven by higher revenue [13] - Net earnings for the quarter were approximately $142 million, or $0.18 per share, primarily due to increased revenues [13][14] - All-in sustaining costs reduced from the second quarter by $425 to $966 per ounce, with an average realized gold price of $3,458 per ounce [5][14] Business Line Data and Key Metrics Changes - New Afton produced approximately 115,200 ounces of gold and 12 million lbs of copper in the quarter, with B3 cave overperforming [5][7] - Rainy River achieved record quarterly production of over 100,000 ounces of gold, a 63% increase over the second quarter, with all-in sustaining costs of $1,043 per ounce [4][10] - New Afton achieved an all-in sustaining cost of negative $595 per ounce after considering copper credits [7] Market Data and Key Metrics Changes - The average realized gold price was $3,458 per ounce, contributing to the increase in revenue [5][13] - The company expects all-in sustaining costs to reduce further through the fourth quarter [5] Company Strategy and Development Direction - The company is focused on increasing production and reducing costs, with a target of ramping up C-Zone to full processing capacity of approximately 16,000 tons per day by early 2026 [6][10] - Exploration initiatives are being advanced, with a significant increase in the exploration budget to $22 million for approximately 63,000 meters of drilling [15][18] - The company aims to generate approximately $1.8 billion of free cash flow over the next three years, with expectations of being at the high end of this projection for 2025 [19][20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued significant growth in gold and copper production over the next two years, with expectations of decreasing unit costs per ounce of gold [19][20] - The company is committed to maintaining a strong balance sheet while investing in exploration and organic opportunities [29] - Management highlighted the importance of safety, with a low total recordable injury frequency rate of 0.61, down from 0.82 in the previous quarter [4][20] Other Important Information - The company repaid a total of $260 million in debt during the quarter, including the full repayment of a $150 million credit facility drawn earlier [6][14] - Significant safety milestones were achieved, with New Afton surpassing 1 million hours and Rainy River surpassing 1.5 million hours worked without a lost time injury [4] Q&A Session Summary Question: Can you provide a breakout of tonnage from the C-Zone and B-Zone? - The B-Zone contributed 4,300 tons per day, while the C-Zone contributed the remainder [24] Question: What are your plans for capital allocation with the free cash flow? - The company takes a disciplined approach to capital allocation, focusing on maintaining a strong balance sheet, investing in exploration, and evaluating capital returns to shareholders [29] Question: What is the expected grade for K-Zone? - The company is still in the drilling phase and will need to update models to determine the total size and grade of K-Zone [33] Question: Can you provide an update on tailings management at Rainy River? - The company is assessing the full potential of K-Zone and is not currently seeing a need for significant investment in the tailings management area [39] Question: What should we expect for Rainy River's performance in Q4? - The company expects continued positive performance in Rainy River, with no significant changes in trajectory [45] Question: How will the drilling results impact the resource update for K-Zone? - The company plans to include all drilling results in the resource update scheduled for January [49]