VANCOUVER, BC / ACCESS Newswire / January 22, 2026 / Banyan Gold Corp. (the "Company" or "Banyan") (TSX-V:BYN)(OTCQB:BYAGF) is pleased to announce it has intersected a very high-grade silver ("Ag") interval near previous high-grade intersections in the Ag-1 vein at the Powerline Deposit ("Powerline") at its AurMac Project ("AurMac"), Yukon, Canada. Highlights from 2025 confirming the very high-grade Keno-style silver mineralization in Powerline: AX-25-803 - 5,625 g/t Ag over 3.4m within 1,841 g/t Ag over 10 ...

Core Viewpoint - Tudor Gold Corp. has announced an updated Mineral Resource estimate (2026 MRE) for the Goldstorm Deposit at its Treaty Creek Project, indicating a 15% increase in Indicated Mineral Resources of gold compared to the 2024 estimate, highlighting the project's higher-grade potential and plans for future production [2][3][4]. Summary by Sections Mineral Resource Estimate Highlights - The 2026 MRE was prepared with a net smelter revenue (NSR) cut-off value of US$50 per tonne, with additional sensitivities at US$125 and US$175 per tonne [2][18]. - The updated estimate shows an increase in Indicated Mineral Resources of gold to 24.9 million ounces, with significant amounts of silver and copper also reported [5][4]. Geological Framework and Deposit Model - The Goldstorm Deposit is located within Early Jurassic intrusive rocks and is influenced by regional-scale contractional faults, which have played a critical role in mineralization [23][25]. - The deposit consists of five distinct mineralized domains, each with unique geological characteristics, indicating a large, structurally controlled mineral system [26][27]. Mineral Resource Estimation Methodology - The estimate was based on 359 diamond drill holes totaling 191,466 meters, incorporating data from both the company and previous operators [3][4]. - The methodology utilized industry-standard software and techniques, ensuring accurate representation of complex vein geometries [11][12]. Next Steps - Ongoing metallurgical testing aims to support the development of a mine plan targeting approximately 300,000 ounces of gold per year, with a preliminary economic assessment expected later this year [2][34]. - The company is advancing its strategy for placing the Treaty Creek Project into production based on the updated resource estimate [2][34]. Financing Update - In December 2025, the company closed a private placement of flow-through units, raising approximately $12.5 million to support its exploration and development activities [35].

Core Viewpoint - Steppe Gold Ltd. has provided a corporate update highlighting increased gold production and sales, along with significant financial agreements including a bond extension and a royalty buyback option agreement [1][2][3]. Production and Sales - In the fourth quarter of 2025, Steppe Gold produced 29,280 ounces of gold, exceeding the updated guidance of 23,000 ounces [2] - The unaudited gold sales for the same quarter were 37,357 ounces, leading to a total unaudited production and sales of approximately 76,000 ounces for the full year [2] Bond Extension - Steppe Gold's subsidiary, Boroo Gold LLC, has agreed to extend the maturity date of outstanding intercompany bonds from December 31, 2025, to December 31, 2026 [3] - The Board of Directors unanimously determined that this bond extension is in the best interest of the Company, based on recommendations from a special committee of independent directors [3][8] Terms of Bond Amendment - The bond amendment maintains all existing terms and conditions, with no changes to outstanding principal amounts, interest rates, or accrued interest [4] - The bond extension is classified as a "related party transaction" under Multilateral Instrument 61-101, with Steppe Gold relying on exemptions from formal valuation and minority approval requirements [5][10] Royalty Buyback Option Agreement - Steppe Gold has entered into a royalty buyback option agreement with Boroo Singapore regarding the Alturas gold project in Chile [6] - The agreement grants Steppe Gold a call option to repurchase a 0.25% net smelter return royalty, which can be exercised during a 30-day period starting November 7, 2029, for a payment of US$7.5 million [7][8] Related Party Transaction - The royalty buyback option agreement is also considered a "related party transaction" under Multilateral Instrument 61-101, with Steppe Gold again relying on exemptions from formal valuation and minority approval requirements [9][10]

th The TD Cowen 17 Annual Global Mining Conference is an invitation-only investment conference. Presentation materials will be made available on the Company's website at www.coeur.com. th About Coeur CHICAGO--(BUSINESS WIRE)--Coeur Mining, Inc.'s ("Coeur†or the "Company†) (NYSE: CDE) Chairman, President and Chief Executive Officer, Mitchell J. Krebs, will present at TD Cowen's 17 Annual Global Mining Conference in Toronto, Ontario on Thursday, January 29, 2026 at 2:20 p.m. Eastern Time. Coeur Mining, Inc. ...

Summary of the Conference Call for Triple Flag Precious Metals (NYSE:TFPM) Company Overview - **Triple Flag Precious Metals** was formed in 2016 and operates in the royalty and streaming model, focusing on generating shareholder value through strategic asset acquisitions [doc id='23']. - The current market cap is approximately **$8 billion**, with **$1.8 billion** of shareholder capital invested, resulting in over **4x** returns [doc id='23']. Key Financial Metrics - **Annual GEO Production Guidance for 2025**: 105,000-115,000 ounces, with actual production reported at **113,000 ounces**, near the top end of the range [doc id='24']. - Projected production growth to **135,000-145,000 ounces** by 2029, driven by existing portfolio assets [doc id='25']. - The company has consistently increased its dividend since going public and is currently **debt-free** with available capacity for new investments [doc id='26']. Market and Industry Insights - The gold market is experiencing significant price appreciation, with gold prices reaching **$5,000** and silver at **$100** [doc id='3']. - The royalty and streaming sector has seen record corporate acquisitions, with **$9 billion** in transactions in 2025, nearly three times the volume from 2023 to 2024 [doc id='10']. - The company emphasizes the importance of operating in **tier one jurisdictions** (Canada, Australia, and the U.S.) to mitigate risks associated with nationalism and expropriation [doc id='6']. Strategic Differentiators - **Geographic Focus**: 80% of cash flow comes from tier one jurisdictions, providing stability and insulation from geopolitical risks [doc id='6']. - **Cash Margin**: The company boasts a **97% cash margin**, benefiting from rising gold and silver prices [doc id='7']. - **Growth Profile**: Anticipated **40% growth** over the next five years without contingent capital requirements [doc id='8']. Recent Developments and Acquisitions - The acquisition of **Orogen Royalties** included a **1% royalty on the Arthur Project** in Nevada, operated by AngloGold Ashanti, which is expected to be a tier one mine [doc id='53']. - The company is focused on maintaining a disciplined approach to capital allocation, ensuring that any acquisitions are accretive to shareholders [doc id='12']. Challenges and Market Positioning - Despite strong performance, the royalty and streaming companies underperformed compared to the gold index in 2025, with Triple Flag up **98%** compared to the gold index's **141%** increase [doc id='34']. - The management argues that while royalty companies may not provide the same short-term leverage as high-cost operators, they offer a high-margin, consistent dividend model with long-term growth potential [doc id='35']. Future Outlook - The company expects continued volatility in the commodities market, driven by macroeconomic factors and geopolitical events, which may create opportunities for growth [doc id='42']. - There is a strong desire to deploy capital into new assets while maintaining a focus on risk management and shareholder value [doc id='62']. Conclusion - Triple Flag Precious Metals is well-positioned in the precious metals sector with a strong growth outlook, disciplined capital allocation strategy, and a focus on high-margin, low-risk assets in stable jurisdictions. The company aims to leverage its existing portfolio for future growth while navigating the challenges of the current market environment.

Summary of the Conference Call Industry Overview - The conference is the 29th Annual CIBC Western Institutional Investor Conference, focusing on the royalty and streaming sector within the precious metals industry [1][2] - The current market environment is characterized by significant appreciation in commodity prices, with gold reaching $5,000 and silver at $100 [3] Company Highlights OR Royalties - OR Royalties is a relatively new entrant in the royalty and streaming space, established over 11 years ago, with a cornerstone asset at Canadian Malartic, one of the most profitable mines globally [4][5] - The company has a market cap exceeding $8 billion and achieved cash flow per share guidance for 2024, with a 40% growth expected over the next five years [5][8] - 80% of OR Royalties' net asset value (NAV) and cash flow comes from Tier One jurisdictions: Canada, Australia, and the U.S., providing stability amid rising nationalism and potential expropriation risks in other regions [6][7] - The company maintains a 97% cash margin due to its royalty-centric model, which benefits shareholders in a rising gold and silver environment [7] - OR Royalties participated in approximately 10% of the aggregate deal volume in the royalty and streaming market, totaling around $3 billion in 2023-2024 [11] - The company remains disciplined in capital allocation, focusing on secured deals and avoiding unsecured transactions, which constituted 26% of the market in 2025 [12][13] Royal Gold - Royal Gold experienced substantial growth in 2025, highlighted by a $3.5 billion acquisition of Sandstorm and Horizon Copper, enhancing portfolio diversification and growth prospects [18] - The company has reduced its debt by $400 million since October and is rationalizing non-core investments to improve financial health [20][21] - Royal Gold's strategy includes maintaining a strong operating asset portfolio and focusing on long-term projects with significant growth potential [19][20] - The company emphasizes the importance of security in investments, with a history of making secured investments [50][51] Triple Flag Precious Metals - Triple Flag was formed in 2016 and has a market cap of approximately $8 billion, with a strong track record of increasing annual gold production [23][24] - The company achieved 113,000 ounces of gold production in 2025, near the top end of its guidance range, and expects production to grow to 135-145,000 ounces by 2029 [24][25] - Triple Flag focuses on a diversified portfolio, with 239 assets, of which only 33 are cash-flowing, indicating significant upside potential [25] - The company has consistently increased its dividend since going public and is debt-free, with available capacity for new investments [26][31] Market Dynamics - The royalty and streaming companies underperformed compared to the gold index in 2025, with Royal Gold up 67%, OR Royalties up 71%, and Triple Flag up 98%, while the gold index rose 141% [33] - The panelists discussed the need for better education of investors regarding the value proposition of royalty and streaming companies, particularly in a bullish commodity price environment [34][39] - The discussion highlighted the importance of long-term performance and the unique risk profile of royalty companies compared to operators and explorers [41][43] Investment Strategies - The panelists emphasized the importance of disciplined capital allocation and the need to avoid unsecured deals, focusing on investments that are accretive to shareholders [12][13][63] - There was a discussion on the potential for holding gold bullion as a strategic asset, with varying opinions on its desirability compared to deploying capital into new investments [68][72] - The panelists acknowledged the competitive landscape, with Tether entering the royalty space, but expressed confidence in their established business models and the value they provide to shareholders [84][86] Conclusion - The conference provided insights into the current state of the royalty and streaming sector, highlighting the growth potential and strategic approaches of OR Royalties, Royal Gold, and Triple Flag Precious Metals in a dynamic market environment.

Core Viewpoint - Aya Gold & Silver Inc. has reported significant exploration results for 2025, highlighting the potential for substantial high-grade silver and polymetallic resources at the Zgounder Silver Mine and Boumadine Project in Morocco, supported by extensive drilling and new permits [2][5][20]. Zgounder Mine Exploration - The exploration at Zgounder included over 175,000 meters of drilling, exceeding the target of 20,000–25,000 meters, confirming significant mineralization at depth and extending the open pit [5][10]. - Notable drill results include: - Hole DZG-SF-24-228: 3,794 g/t Ag over 10.0 m - Hole DZG-SF-24-412: 3,279 g/t Ag over 8.0 m, including 6,425 g/t Ag over 4.0 m - Hole ZG-RC-24-413: 1,001 g/t Ag over 28.0 m, including 2,787 g/t Ag over 7.0 m [5][10][11]. - The updated mineral resource estimate as of December 2025 shows: - Proven and Probable (P&P) Reserves: 73 million ounces (Moz) Ag at 145 g/t - Measured & Indicated Resources: 100 Moz Ag at 165 g/t, reflecting a 5% increase from the previous estimate [5][9]. Boumadine Exploration - Boumadine's exploration involved 569 drill holes totaling 150,325 meters, with significant mineralization confirmed, including: - BOU-MP25-087: 2,323 g/t AgEq over 15.0 m, including 3,858 g/t AgEq over 8.7 m - BOU-RC25-026: 3,336 g/t AgEq over 6.0 m, including 8,163 g/t AgEq over 2.0 m [20][25]. - The updated mineral resource estimate as of March 31, 2025, includes: - Indicated Mineral Resource: 5.2 million tonnes (Mt) at 91 g/t Ag, 2.78 g/t Au, 2.8% Zn, and 0.85% Pb, containing an estimated 15.1 Moz of Ag - Inferred Mineral Resource: 29.2 Mt at 82 g/t Ag, containing an estimated 76.8 Moz of Ag, reflecting a 120% increase from the prior estimate [22][25]. Additional Exploration and Future Plans - The company has added 16 new exploration permits, expanding the exploration footprint in Morocco to 378.8 km² for Zgounder and 340.74 km² for Boumadine [2][9][20]. - Future exploration plans include geological mapping, geochemical campaigns, and machine learning-based geoanalytics to identify new targets for 2026 [18][20].

Toronto, Ontario--(Newsfile Corp. - January 21, 2026) - Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) ("Americas" or the "Company") a growing North American precious metals and antimony producer, is pleased to announce strong consolidated annual silver ("Ag") production of 2.65 million ounces for 2025, a 52% increase compared to 2024 attributable production of 1.74 million ounces1. Americas' Cosalá Operations in Mexico achieved a new annual production record of 1.19 million ounces, ...

VIRGINIA CITY, Nev., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced it has received the final $1 million from Mackay Precious Metals Inc. (“Mackay”), completing an agreement to sell its residual 1.5% net smelter returns (“NSR”) royalty associated with the recently sold northern claim targets to for an aggregate purchase price of $1.1 million in cash. This transaction increases the total cash proceeds from the sale of those properties, leasehold in ...

We recently published 10 Stocks Breaking Records While Wall Street Bleeds. Hudbay Minerals Inc. (NYSE:HBM) was one of the top performers on Tuesday. Hudbay Minerals soared to a new all-time high on Tuesday, mimicking the rally to fresh peaks in spot prices of silver and gold after investors set their sights on safer assets amid ongoing geopolitical tensions. At intra-day trading, Hudbay Minerals Inc. (NYSE:HBM) jumped to its highest price of $24.74 before paring a few cents to end the day just up by 9.73 ...