Core Viewpoint - Thunder Gold Corp. has engaged Atrium Research Corporation to provide sponsored research services, which will include publishing reports and hosting interviews with management to present the investment case [1][2]. Company Engagement - Atrium Research will receive a cash compensation of $12,000 per quarter for its services over a 12-month period starting February 1, 2026, pending approval from the TSX Venture Exchange [2]. - Atrium and Thunder Gold are arm's-length parties, with no shareholding or options held by Atrium or its insiders in Thunder Gold [3]. About Atrium Research - Atrium Research specializes in institutional quality company-sponsored research on public equities in North America, focusing on equities that are currently overlooked by the market [4]. - The research process emphasizes understanding key performance metrics, trustworthy management teams, and in-depth valuation analysis [4]. Tower Mountain Gold Property - The Tower Mountain Gold Property is a 100%-owned asset located approximately 40 km west of Thunder Bay, Ontario, covering 2,500 hectares [5]. - Historical drilling has shown anomalous gold extending over 500 meters along a 1,500-meter strike length, with depths exceeding 500 meters from the surface [5]. - The remaining 75% of the perimeter surrounding the intrusion exhibits similar geology and geophysical responses, indicating significant exploration potential [5]. Thunder Gold Corp. Overview - Thunder Gold is advancing the Tower Mountain Project, which is characterized by its scale, consistency, and quality, supporting a long-life, open-pit operation [6]. - The company has demonstrated confidence in the continuity and predictability of its discoveries through disciplined drilling programs, highlighting potential for expansion across multiple zones [6]. - The project benefits from industry-leading drilling costs, existing infrastructure, and a skilled local workforce, making it a unique opportunity for cost-effective growth [6].

Core Viewpoint - AngloGold Ashanti PLC is positioned for growth in the gold mining sector, supported by strategic acquisitions and strong stock performance [2][3][4]. Group 1: Company Overview - AngloGold Ashanti PLC is a leading global gold mining company with operations across four continents and a commitment to sustainable mining practices [1]. - The company is actively pursuing growth strategies, including acquisitions and brownfields exploration [1][3]. Group 2: Recent Developments - BMO Capital initiated coverage on AngloGold Ashanti with an "Outperform" rating, indicating confidence in the company's growth prospects [2][6]. - The acquisition of Augusta Gold Corp. includes the Reward project, which is expected to enhance the company's portfolio and support long-term expansion [3][6]. Group 3: Stock Performance - AngloGold Ashanti's stock closed at $109.44, reflecting a 1.25% increase from the previous day and a 27.25% surge over the past month [4]. - The company's stock performance has outpaced the Basic Materials sector and the S&P 500, indicating strong market positioning [4][6]. Group 4: Earnings Expectations - Investors anticipate earnings per share of $1.9, representing a year-over-year growth of 113.48%, with revenue expectations of $3.03 billion, a 73.03% increase from the previous year [5]. - Despite a downgrade by Zacks Research, other analysts remain optimistic, with target price increases and upgrades to "buy" ratings from firms like Scotiabank and Wall Street Zen [5][6].

Core Insights - Gold X2 Mining Inc. has announced the final batch of assay results from its grade control drill program at the Moss Gold Project, indicating strong continuity of high-grade gold mineralization [1][5][22] Group 1: Assay Results - The final eleven drill holes have shown significant intercepts, including 73.8 meters of 1.30 g/t Au and 61.25 meters of 1.53 g/t Au, reinforcing confidence in the high-grade shear corridors [5][17][18] - The overall results from the 61-hole program indicate that the actual intercept lengths are 23% larger than predicted by the current resource model, although the average grade is 8% lower [14][22] Group 2: Drilling Strategy and Resource Model - The company has implemented close-spaced drilling to enhance the understanding of gold distribution and to derisk the resource model, which has led to the identification of additional secondary shear zones [2][10] - The geological model confirms that mineralization occurs preferentially within diorite-granodiorite intrusions, with shear intensity correlating positively with gold grades [12][13] Group 3: Future Plans and Economic Implications - An upcoming infill drill program is expected to further grow the resource and improve the project's economics, with a focus on optimizing the mining block size and fleet selection [2][11] - The updated mineral resource estimate for the Moss Gold Project includes 2.458 million ounces of Indicated gold resources at 1.04 g/t Au and 4.209 million ounces of Inferred gold resources at 0.97 g/t Au [30]

Core Viewpoint - Alamos Gold Inc. has reported significant advancements in its underground exploration program at the Young-Davidson mine, highlighting the extension of high-grade gold mineralization in multiple zones, particularly in the hanging wall and syenite areas, which presents substantial upside potential for the company. Exploration Results - New high-grade gold mineralization has been identified in the South Syenite Zone, located 285 meters south of the Northgate Shaft, an area with limited historical drilling [2] - The Mid-Mine Hanging Wall Zones have shown extended high-grade gold mineralization, discovered in 2024, near existing infrastructure and south of current Mineral Reserves and Resources [2][12] - Expansion drilling in the Young-Davidson syenite continues to extend gold mineralization beyond existing Mineral Reserves and Resources, with notable intercepts including: - 16.36 g/t Au over 17.90 m, including 116.50 g/t Au over 1.00 m [3][11] - 9.15 g/t Au over 22.00 m, including 44.03 g/t Au over 3.00 m [3][15] - 10.12 g/t Au over 17.30 m, including 143.50 g/t Au over 1.00 m [3][16] Financial and Operational Highlights - The exploration spending at Young-Davidson totaled $13.1 million in 2025, with 34,080 meters of drilling across 81 holes, and 448 meters of underground exploration development completed [7][8] - The company has maintained a Mineral Reserve life of at least 13 years since 2011, indicating strong potential for continued resource availability [17] Future Plans - Drilling will continue in 2026 to further expand high-grade mineralization, particularly where it remains open to the east and up/down dip [10] - The focus will remain on extending mineralization within the Young-Davidson syenite and testing higher-grade gold mineralization in the hanging wall [8][9]

Core Viewpoint - OceanaGold's stock has significantly increased from $20.38 to $37.90, driven by strong 3Q earnings and the rising price of gold [1]. Group 1: Company Performance - The stock price of OceanaGold has risen impressively, indicating strong market performance [1]. - The increase in stock value is attributed to impressive earnings reported for the third quarter [1]. Group 2: Market Context - The rise in OceanaGold's stock is also linked to the overall increase in the price of gold, which is a key factor in the mining sector [1].

Group 1 - Austral Gold Limited has filed its Q4 2025 Quarterly Activity Report, which is available on multiple platforms including ASX and SEDAR [1] - The report reflects the company's ongoing operations and performance in the gold production sector [1] - The release has been approved by the Chief Executive Officer of Austral Gold, Stabro Kasaneva [3]

Core Insights - Robex Resources Inc. achieved significant milestones in the December 2025 quarter, including the first gold pour at the Kiniero Gold Project, marking its transition to a multi-asset gold producer in West Africa [2][10][5] Group 1: Operational Highlights - The first gold pour at the Kiniero Gold Project occurred on December 21, 2025, with a total of 790 ounces produced, indicating successful project execution [10][11] - Nampala Gold Mine produced 11,028 ounces and sold 11,272 ounces of gold during the December 2025 quarter, contributing to a total FY25 production of 45,429 ounces [10][20] - The processing plant ramp-up at Kiniero is underway, with recoveries aligning with expectations and targets for nameplate capacity set for Q1 2026 [10][11] Group 2: Financial and Production Metrics - The total material mined during the December 2025 quarter was 2,534,890 tonnes, with a stripping ratio of 3.89, reflecting a 13.2% reduction from the previous quarter [26] - Ore processed increased by 16.2% to 582,618 tonnes compared to the September 2025 quarter, driven by improved plant availability [26] - The average head grade for the quarter was 0.68 g/t, a slight decrease of 1.4% from the previous quarter, while the gold recovery rate was 87.2% [26] Group 3: Merger and Strategic Developments - Robex secured overwhelming shareholder approval (94.54%) for its proposed merger with Predictive Discovery Limited, positioning the combined entity to become a mid-tier gold producer in West Africa [10][5][25] - The merger is expected to close in Q1 2026, subject to customary closing conditions, including regulatory approvals [27][33] Group 4: Community and Environmental Initiatives - The Kiniero Project contributed to local communities through CSR programs focused on education and social initiatives [14][20] - Robex maintained strong environmental, health, and safety performance, achieving over 6.3 million hours LTI-free since January 2024 [20][14]

Core Insights - FireFly Metals Ltd is advancing its Green Bay Copper-Gold Project, with a Preliminary Economic Assessment (PEA) expected to be completed in the June 2026 quarter, highlighting the project's world-scale resource potential [1][3][25]. Financial Overview - The company successfully raised approximately A$139 million in equity, which will support ongoing exploration and economic studies [4][40]. - As of December 31, 2025, FireFly had A$250.9 million in cash and liquid investments, positioning it well for aggressive drilling and development activities [3][39]. Mineral Resource Update - The total Mineral Resource at Green Bay has increased to 50.4 million tonnes (Mt) at 2.0% Copper Equivalent (CuEq) in the Measured & Indicated (M&I) categories, and 29.3 Mt at 2.5% CuEq in the Inferred category, marking a 51% increase from the previous estimate [5][7][12]. - Contained copper in the M&I category rose to 863,000 tonnes, a 113% increase, while contained gold increased to 546,000 ounces, a 174% increase [5][12]. Drilling and Exploration Progress - FireFly has completed approximately 147,000 meters of underground diamond drilling, confirming the continuity and strength of high-grade mineralization at depth [16][17]. - Exceptional drilling results include a notable intercept of 49.0 meters at 6.1% CuEq, indicating strong mineralization potential [22]. Project Development and Studies - Preparations for the resumption of mining at the Ming Mine are underway, with engineering and economic analysis ongoing to support the PEA [25][28]. - The company is also exploring funding options with potential offtake customers and export credit agencies, showing strong interest in the Green Bay concentrate [28]. Regional Exploration - FireFly is actively exploring its extensive 346 km² land package at Green Bay, with two surface drill rigs operational during the quarter [30][31]. Corporate Governance - Leanne Heywood was appointed as an Independent Non-Executive Director, bringing significant experience in the mining sector [42][44].

Core Viewpoint - K2 Gold Corporation has announced an increase in its non-brokered private placement due to strong investor demand, aiming to issue up to 35,714,286 common shares at a price of CDN$0.70 per share, targeting total gross proceeds of approximately CDN$25,000,000 [1] Offering Details - The Offered Shares will be available to purchasers in Canadian provinces and territories, excluding Quebec, under the listed issuer financing exemption [2] - The Offered Shares will not be subject to a statutory hold period in Canada, except for a four-month hold period applicable under the TSX Venture Exchange [2] - The Offering may also be available in jurisdictions outside Canada on a private placement basis, adhering to applicable laws [4] Use of Proceeds - The net proceeds from the Offering are intended for exploration at the Mojave and Si2 projects, as well as for general corporate purposes [5] Project Highlights - The Mojave Project is a 5,830-hectare oxide gold project in California, with successful drilling results including 6.68 g/t Au over 45.72m at the Dragonfly Zone [10] - The Si2 Project is located in Nevada and has shown potential for higher-grade gold at depth, with historical drilling only testing upper levels [11] - The Wels Project has intersected gold in all 12 drill holes during the 2023 Reverse Circulation drilling program, indicating a new mineralized corridor [13] Company Background - K2 Gold Corporation is led by a team with a track record of over $2.6 billion in gold transactions, including significant sales by Great Bear Resources and Kaminak Gold [9] - K2 is part of Discovery Group, known for the discovery of over 10 million ounces of gold [9]

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