Core Insights - The market is shifting from speculative growth to essential infrastructure, focusing on critical needs such as data integrity, energy security, and biological resilience [1][2] - Companies that provide essential services are gaining attention as institutional capital accumulates in these areas, contrasting with retail investors chasing speculative opportunities [2] Quantum Security Encryption Corp. (QSE) - QSE has rebranded from Scope Technologies to focus on quantum defense, launching QSE-Chat, a quantum-resilient mobile application for enterprise and government use [3][4] - The company employs post-quantum cryptographic algorithms to secure data against future quantum computing threats, positioning itself as critical infrastructure for the information age [5] Aleen Inc. - Aleen is transforming the wellness market by allowing users to own their biometric data rather than being mere donors [7][10] - The company has developed a Smart Analytics feature that provides actionable insights from biometric data without crossing into medical diagnosis [8][9] Rush Gold Corp. - Rush Gold is positioned as a high-grade silver play, with historical sampling at its Legal Tender Property returning grades as high as 1,875 grams per tonne silver [12][13] - The company benefits from the dual role of silver as both a monetary metal and a critical industrial input, particularly in green infrastructure [13][14] Homeland Uranium - Homeland Uranium is focused on energy independence, with a defined resource estimate of 8.85 million pounds of uranium at its Coyote Basin project in Colorado [18][19] - The company aims to validate known mineralization in a secure jurisdiction, addressing the urgent need for domestic nuclear fuel supply [19] Avant Technologies Inc. - Avant Technologies has pivoted into cell-based therapy, focusing on encapsulated cell treatments for diabetes and securing rights to Klotho-producing cells for longevity [21][23] - The company targets significant healthcare markets, positioning itself as a critical player in human longevity and health optimization [24]

Aura Day 2025 D E C E M B E R 2 0 2 5 To find, mine and provide the most important and essential ores that allow the world and mankind to create, innovate and prosper. Aura Day team Seasoned Management Team Glauber Luvizotto Isabela Dumont Head People, Communications & Sustainability Natasha Utescher Head of IR and Treasury Frederico Silva Director of Operations Aura Borborema, Brazil Francisco do Carmo Director of Operations Aura Minosa, Honduras Pitágoras Costa Director of Projects and Construction Richar ...

Core Insights - Newmont Corporation has experienced a 135% year-to-date increase in stock price in 2025, primarily driven by rising gold prices as investors seek safe-haven assets amid macroeconomic uncertainty [2] - The company has strategically refined its portfolio by divesting non-essential assets, which has raised hundreds of millions of dollars and improved operational efficiency, thereby enhancing margins and cash flow [2][3] - Newmont's financial position has significantly improved, with nearly zero net debt and substantial free cash flow, allowing for ongoing dividends, share repurchases, and reinvestment in core assets [3][5] Financial Performance - Revenue growth for Newmont has been robust, increasing by approximately 26.6% over the last twelve months, with an average growth rate of about 23.9% over the past three years [4] - The company's operating cash flow margin is around 32.6%, and its long-term operating margin is approximately 23.9%, indicating strong financial health for a mining firm [4] Strategic Positioning - Newmont is well-positioned to benefit from potential continued increases in gold prices due to its minimal debt, strong cash flow, and efficient operations [6] - The focus on core "Tier-1" mines and ongoing productivity enhancements suggest that Newmont can maintain steady output and margin strength even in the face of rising costs [7] Market Risks - The company remains susceptible to fluctuations in commodity prices, particularly gold, which could impact profitability if prices decline due to factors like a strengthening dollar or changes in global interest rates [7] - Geopolitical, regulatory, and environmental risks associated with global operations could also influence future outcomes, regardless of broader gold market trends [8]

Core Viewpoint - Aura Minerals Inc. has updated its growth outlook, projecting annualized gold equivalent production (GEO) to exceed 600,000 ounces, an increase from the previous estimate of 450,000 GEO, driven by recent acquisitions and project developments [2][4]. Group 1: Production Growth and Projects - The integration of high-quality assets, including MSG and the Era Dorada Project, is expected to significantly boost production capacity [2][4]. - The Borborema project is anticipated to fully ramp up, contributing to the increased production levels [2][4]. - The average production for Borborema in the first three years is based on the S-K 1300 Feasibility Study Report dated March 28, 2025 [3]. - MSG's production reference of 80,000 GEO is based on its performance in 2024 [3]. - Era Dorada's average production for the first four years is also derived from the S-K 1300 Feasibility Study dated December 08, 2025 [3]. - Matupá's average production for the first four years is based on the S-K 1300 Feasibility Study Report dated March 28, 2025 [3]. Group 2: Strategic Focus and Execution - The company's strategy since 2020 has been to grow production through greenfield projects and expansions, extend mine life through exploration, and enhance valuation via mergers and acquisitions [4]. - Aura Minerals has maintained a high dividend yield since 2021, indicating strong shareholder returns [4]. - The company achieved an average daily trading volume of US$30 million in November following its Nasdaq listing, reflecting improved market liquidity [4]. Group 3: Future Outlook and Development - Aura Minerals continues to advance its project pipeline and will provide updates as key milestones are reached [5]. - The company emphasizes that future production levels are preliminary and subject to uncertainties, including board approvals, permitting, and financing [4].

Core Insights - The transition from explorer to producer is a critical moment for mining companies, often leading to significant value inflection as they shift from discovery to cash flow [1] - Successful explorers that reach production tend to experience re-ratings due to reduced risk, demonstrated production capability, and establishment of recurring revenues [1] - Entering investments during this transition allows for participation in potential substantial upside before it is fully priced in [1] Company Overview - LaFleur Minerals Inc. is positioned advantageously with a fully permitted and refurbished gold mill in Québec's Abitibi region, ahead of peers still in early development stages [1] - The company controls a district-scale land position and has an advancing flagship deposit with near-term production plans, offering leverage to the explorer-to-producer inflection point [1] - LaFleur is part of a competitive group of companies aiming to lead in the mining sector, including Barrick Mining Corporation, West Red Lake Gold Mines Ltd., Pirate Gold Corp., and Abcourt Mines [1]

Core Viewpoint - Aura Minerals Inc. has announced the results of the Feasibility Study for the Era Dorada Project, indicating a robust economic outlook with significant gold production potential and favorable financial metrics [1][3]. Project Overview - The Era Dorada Project is located in Jutiapa, Guatemala, approximately 160 km from Guatemala City and near the El Salvador border [4]. - The project is an underground gold mine with an expected production of 111,000 gold equivalent ounces (GEO) annually for the first four years, totaling approximately 1.75 million GEO over a life of mine (LOM) of 16.8 years [3][5]. Financial Metrics - The Feasibility Study indicates an after-tax Net Present Value (NPV) of US$2.17 billion at spot prices of US$4,200 per ounce of gold, with an after-tax Internal Rate of Return (IRR) of 68% [3]. - The project has a competitive All-In Sustaining Cost (AISC) of US$1,178 per ounce during the LOM, with an initial capital expenditure (Capex) of US$382 million and a payback period of approximately 2.82 years [3][5]. Production and Cost Estimates - Average production is projected at 111,000 GEO for the first four years, with a total payable gold of 4,852,000 ounces over the LOM [8]. - The average cash cost is estimated at US$993 per ounce, with an AISC of US$1,178 per ounce [8][9]. Mineral Resource and Reserve Estimates - The project has Proven and Probable Mineral Reserves of 1.75 million GEO, with an average grade of 6.23 grams per tonne [5][30]. - Exclusive Indicated Mineral Resources are estimated at 523,000 GEO, assuming 2.46 million tonnes at 6.61 grams per tonne [5][27]. Mining and Processing Plan - The mining method will primarily utilize sublevel long hole stoping, contributing approximately 98.5% of total metal production [33]. - The processing plant is designed to treat 1,600 tons per day, employing conventional methods including gravity concentration and cyanide leaching [39][40]. Environmental and Social Considerations - The company is working closely with local authorities to ensure compliance with environmental and social standards, aligning with its Aura 360 culture [3].

Core Insights - Baru Gold Corp. has appointed Brigadier General (Ret.) Rudolf Samuel Warouw as Commissioner of its Indonesian subsidiary, PT Tambang Mas Sangihe, marking a significant step in the company's strategy for operational success and community integration for the Sangihe Gold Project [1][2] Leadership Appointment - Brig. Gen. (Ret.) Warouw has a distinguished military career in the Indonesian National Armed Forces, holding critical positions such as Commander of Korem 164 and Commander of the Military Operational Implementation Command in East Timor, which were strategically important and politically influential roles [3][4] - His military service included responsibilities for security, territorial control, and intelligence coordination in East Timor, where he successfully reduced corruption and increased transparency [4] Local Engagement and Community Relations - Warouw's deep roots in Minahasa, North Sulawesi, and his trusted relationships with local community leaders position him to effectively engage stakeholders and foster trust, which is essential for the Sangihe Gold Project [5][6] - His commitment to advancing the progress of Indonesia through the Sangihe Gold Project emphasizes the importance of community development and regulatory compliance [7] Strategic Advantage - The CEO of Baru Gold, Terrence Filbert, highlighted that Warouw's extensive command experience and commitment to transparency provide the company with a strategic advantage as it seeks to secure trust and necessary approvals for the project [7] Stock Options - The company has granted 2,000,000 stock options to Brig. Gen. (Ret.) Warouw, allowing him to purchase shares at an exercise price of $0.06 for a period of two years, subject to TSX Venture Exchange approval [8] Company Overview - Baru Gold Corporation is a junior gold developer with NI 43-101 gold resources in Indonesia, aiming to become one of the country's next gold producers [9]

HIGHLIGHTS1 Fully-funded 70,000-meter exploration drill program launched with two drill rigs already operating at the Cariboo Gold Project site, and ramping up to six drill rigs as the program advances through the end of 2026Priority exploration targets and initial planned drilling: Cariboo Deep (~10,000 m, 11 holes) – targeting areas at depth beneath the existing deposit within the permitted Cariboo Gold Project mine plan boundary. Total existing mineral reserves and resources at CGP include 2.07 Moz Au of ...

Gold (GC=F) futures opened at $4,237.50 per troy ounce Wednesday, nearly the same as Tuesday’s closing price of $4,236.20. The opening price is 2.8% below gold’s all-time high of $4,358, achieved in October. Gold’s price has remained fairly steady for the past week as traders await a Fed decision Wednesday, along with clues on the policymaking committee’s 2026 rate plan. A catch-up on delayed economic data will also shape 2026 expectations for the economy and the price of gold. A jobless claims report i ...

Core Insights - Thunder Gold Corp. announced complete results from the Phase Three drill program at the Tower Mountain Gold Property, indicating significant mineralization potential west of the Tower Mountain Intrusive Complex (TMIC) [1][3][23] - The drilling results confirm the scalability and continuity of mineralization, with all seven holes at the 3738 Target intersecting mineralization as predicted [3][11][23] Summary by Sections Drill Program Results - The Phase Three drilling program consisted of twelve holes totaling 2,164 meters, with an estimated cost of less than C$300 per meter [10][23] - At the 3738 Target, seven holes (1,633 meters) were completed, all intersecting mineralization at expected grades [3][11] - Significant intercepts included 1.83 g/t Au over 18.0 meters and 0.53 g/t Au over 181.5 meters among others [8][23] Mineralization Potential - The 3738 Target breccia channel measures 150 to 200 meters in true width and shows consistent gold grades, remaining open along strike and down dip [6][23] - The Bench-3738-Ellen trend covers an area of 800 meters x 200 meters x 300 meters, with only 30% drill-tested, indicating substantial resource expansion opportunities [6][23] Infrastructure and Cost Efficiency - The proximity to Thunder Bay and existing infrastructure allows for one of the lowest discovery costs in Canada, enhancing the project's economic viability [4][23] - Internal modeling suggests that the current mineralization can be extracted without impacting existing infrastructure routes [4][23] Future Exploration and Resource Estimates - All necessary exploration permits are valid through 2028, allowing for continued exploration and resource definition [6][23] - The results from Phase Three will be incorporated into a Mineral Resource Estimate being prepared by Micon International Ltd. [3][11] Company Overview - Thunder Gold Corp. is focused on advancing the Tower Mountain Project, which is characterized by its scale, consistency, and potential for a long-life, open-pit operation [41] - The company aims to unlock a discovery that could transform the gold project landscape in Canada, delivering long-term value for shareholders [42]