(All amounts are in US$) TORONTO, Feb. 02, 2026 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSX: GTWO; OTCQX: GUYGF) is pleased to announce an independent technical report entitled “NI 43-101 Technical Report for the Preliminary Economic Assessment (PEA) on the Oko Gold Project in the Co-operative Republic of Guyana, South America” (the “Technical Report”), with an effective date of December 8, 2025, has been filed under the Company’s profile on SEDAR+ at www.sedarplus.ca. The Technical ...

The Supreme Court of British Columbia in Canada has granted final approval for the acquisition of New Gold by US-based Coeur Mining through a court-sanctioned plan of arrangement. The decision allows a subsidiary of Coeur to acquire all outstanding shares of New Gold, as outlined in the plan under the Business Corporations Act of British Columbia. The transaction, which still requires approval under the Investment Canada Act and other typical conditions, is expected to be finalised in the first half of ...

Core Viewpoint - Trident Resources Corp. has successfully increased its financing through a bought deal offering and a concurrent non-brokered private placement, raising a total of approximately $18.6 million to fund exploration and development of its gold projects in Saskatchewan [1][2][3][4]. Financing Details - The bought deal offering includes an over-allotment option exercised by underwriters, resulting in the purchase of an additional 600,000 flow-through shares at a price of $3.76 per share, bringing total gross proceeds to $17,296,000 [1][2]. - A concurrent non-brokered private placement will issue 348,000 flow-through shares at the same price, generating additional gross proceeds of $1,308,480 [2]. - The total gross proceeds from both offerings amount to approximately $18.6 million [2]. Use of Proceeds - Proceeds from the offerings will be allocated for exploration, mineral resource expansion, and drilling at Trident's gold projects in the La Ronge Gold Belt of Saskatchewan [3]. - The funds will qualify as Canadian Exploration Expenses and flow-through mining expenditures, which will be renounced to initial purchasers by December 31, 2026 [3]. Project Highlights - The CEO of Trident highlighted that the financing will accelerate exploration at the flagship Contact Lake Gold Project, which has shown a 100% success rate in recent drilling programs [4]. - The results from the fall drill program confirm robust gold mineralization and indicate significant upside potential for the project [4]. Closing and Regulatory Compliance - The bought deal offering is expected to close around February 18, 2026, subject to customary conditions and regulatory approvals [4]. - The offerings will be conducted under the 'listed issuer financing exemption' and will not be subject to a hold period under Canadian securities laws [5].

TORONTO, Feb. 02, 2026 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to provide initial results from the recently announced diamond drilling program (Company news release dated January 28, 2026), which comprises up to 25,000 metres at the Goliath Gold Complex (comprised of the Goliath, Goldlund and Miller Deposits). The drill program is focused on the Goldlund Deposit, with holes designed to infill and potentially expand open pit mineral resource ...

Core Insights - New Found Gold Corp. announced additional results from grade control drilling at the Keats zone of its Queensway Gold Project, confirming high-grade gold mineralization near the surface [1][2][3] Drilling Program Highlights - The 2025 Keats excavation grade control drill program included 1,230 meters of drilling across 36 diamond drill holes, aimed at enhancing confidence in the distribution of high-grade gold mineralization [3][4] - A total of 84 diamond drill holes are planned for the full program, with 62% of results reported to date [4] Significant Drill Results - Notable drill results include: - 508 g/t Au over 2.20 m from 16.80 m (NFGC-25-GC-024) - 113 g/t Au over 3.75 m from 11.90 m (NFGC-25-GC-025) - 9.29 g/t Au over 37.60 m from 12.00 m (NFGC-25-GC-027) - 27.0 g/t Au over 10.00 m from 0.00 m (NFGC-25-GC-033) [5][7] Geological Context - The Keats and Iceberg zones are located within the Keats-Baseline Fault Zone, a high-grade gold-bearing structure with a defined strike length of 1.9 kilometers [10] - The drilling program is designed to validate resource models and improve confidence in high-grade intersections ahead of a mineral resource estimate update [9] Future Plans - The 2026 drill program is underway, focusing on infill drilling for resource conversion and expanding grade control drilling at the Iceberg and Lotto excavations [15][16] - An updated Technical Report, including a new mineral resource estimate, is expected to be filed in mid-2026 [18]

‌received $3.62 billion worth ‌of inflows, the highest since at least 2009.Cumulatively, these ETFs received a record $91.86 billion worth of inflows ‌in 2025, more than eight times the total in 2024.However, gold prices have fallen roughly 10% in the past two days after hitting record highs last week, as CME Group raised margin requirements following a sharp metals selloff that was triggered by ​Kevin Warsh's nomination as the next U.S. Federal Reserve ​Chair.Live EventsAnalysts at J.P. Morgan expect the ...

Market Overview - Gold prices dropped as much as 6% and silver fell 10% due to increased margin requirements by CME Group following a significant decline on Friday, leading to a selloff across markets as leveraged investors unwound positions to meet margin calls [1][8] - U.S.-listed gold and silver mining companies experienced declines in premarket trading, with Newmont down 2.2%, Barrick Mining down 2.8%, and Kinross Gold down 3.2% [1][8] Economic and Policy Impact - The selloff in precious metals intensified after U.S. President Donald Trump nominated Kevin Warsh as the next Federal Reserve chair, a decision perceived as hawkish by investors [2][8] - Shares of energy companies fell as oil prices decreased by 5% after Trump indicated that Iran was engaging in discussions with Washington, which eased concerns over supply disruptions [4][8] Technology Sector Performance - The volatility VIX index rose to 19.11, nearing a two-week high, influenced by mixed earnings from major tech companies and increased policy uncertainty following Trump's nomination of Warsh [5][9] - Major tech stocks, including Nvidia and Tesla, saw declines of nearly 2% each, while Meta and Alphabet lost 1.4% and 0.9%, respectively [5][9] - Microsoft shares recorded their worst week since March 2020 due to disappointing cloud revenue, raising concerns about the returns on significant investments in artificial intelligence [6][9] - Oracle's shares dropped 3.7% after announcing plans to raise $45 billion to $50 billion in debt and equity this year [6][9] Upcoming Economic Indicators - The U.S. is expected to experience a brief government shutdown after Congress failed to approve funding, with key economic data releases scheduled for the week, including January manufacturing PMI and labor market indicators such as JOLTS and nonfarm payrolls [7][9]

Core Insights - Equinox Gold Corp. has announced new results from its 2025 diamond drill program at the Valentine Gold Mine, confirming a new gold discovery in the Minotaur Zone and broad zones of high-grade mineralization in the Frank Zone, indicating significant potential for resource expansion and new discoveries in the area [1][2][4] Exploration and Discoveries - The 2026 exploration program will target approximately 100 km of drilling across the Valentine property, focusing on the Frank and Minotaur Zones, as well as additional greenfield discoveries [1] - The Minotaur Zone has shown significant gold mineralization over a 700-meter strike length, with potential extensions of approximately 2 km, and initial drilling results include visible gold samples grading as high as 650 g/t [3][8] - The Frank Zone has demonstrated consistent high-grade gold mineralization over broad widths, supporting the potential for a new open pit that could enhance production growth and extend mine life beyond the current 14-year plan [2][9] Drilling Highlights - Initial drilling highlights from the Minotaur Zone include significant gold grades, with the potential for further exploration and development [4][8] - Notable drill results from the Frank Zone include: - 2.43 g/t Au over 172.80 m ETW - 22.10 g/t Au over 6.30 m ETW - 3.12 g/t Au over 63.90 m ETW - 16.45 g/t Au over 3.60 m ETW [6][7][9] Production and Operational Insights - The Valentine Gold Mine is expected to produce between 150,000 to 200,000 ounces of gold in 2026, with all-in sustaining costs projected between US$1,200 to US$1,300 per ounce [10] - Once fully operational, the mine is anticipated to be the largest gold-producing mine in Atlantic Canada, with an average production of 175,000 to 200,000 ounces per year for the first 12 years of its 14-year reserve life [10] Technological Integration - The discovery of the Minotaur Zone has been enhanced by the integration of artificial intelligence in exploration, utilizing VRIFY's AI-powered software to analyze multiple geological data layers, which has led to the identification of high-priority targets [8]

Combination strengthens Eldorado’s exceptional growth profile Pro-Forma Company to generate sector-leading free cash flow and profit margins Long-life assets with near-term organic expansion and scale Diversifies portfolio with addition of a project of Canadian national importance Dan Myerson to join Board of Directors (All amounts expressed in U.S. dollars unless otherwise noted) VANCOUVER, British Columbia, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (TSX:ELD) (NYSE:EGO) (“Eldorado”) and ...

Core Insights - New Gold Inc. (NYSE:NGD) is recognized as one of the 11 Best Performing Stocks in the Last 12 Months [1] Group 1: Acquisition Details - On January 27, 2026, New Gold Inc. received shareholder approval for a plan where a wholly owned subsidiary of Coeur Mining will purchase all outstanding NGD shares [2] - The acquisition is expected to close in the first half of 2026, pending court and regulatory approvals, with New Gold shareholders entitled to receive 0.4959 Coeur shares per New Gold share, resulting in approximately 38% ownership of the combined company [3] Group 2: Analyst Updates - On January 26, 2026, Scotiabank raised its price target on New Gold Inc. from $10.50 to $12.75, maintaining an 'Outperform' rating, reflecting higher gold and silver price forecasts amid economic and geopolitical uncertainty [4]