Core Insights - Galleon Gold Corp. has qualified to trade on the OTCQX Best Market, enhancing its visibility and trading liquidity [1][4] - The company is focused on the West Cache Gold Project in Timmins, Ontario, and is advancing through a disciplined strategy aimed at resource growth [4] Company Overview - Galleon Gold Corp. is an advanced-stage exploration and development company [1] - The company is led by David Russell, who emphasizes a de-risking strategy and an upcoming 86,500-tonne bulk sample program [4] Market Context - OTC Markets Group Inc. operates regulated markets for trading 12,000 U.S. and international securities, providing efficient access to U.S. capital markets [5] - Companies listed on the OTCQX must meet high financial standards and adhere to best practice corporate governance [3]

Core Viewpoint - Mayfair Gold Corp. has successfully uplisted its shares to the NYSE American under the ticker symbol "MINE", marking a significant step in its strategy to enhance its U.S. shareholder base and capital market exposure [1][2]. Company Overview - Mayfair Gold is a Canadian gold development stage company focused on advancing the Fenn-Gib Project in the Timmins region of Northern Ontario [4]. - The pre-feasibility study for the Fenn-Gib Project indicates a potential initial development capital requirement of C$450 million, with a base case payback period of 2.7 years and cumulative free cash flow of $896 million over the first six years of production, based on a gold price of US$3,100 per ounce [4]. - The company aims to start construction of the Fenn-Gib Project in 2028, with initial production expected in 2030 [4]. Strategic Developments - The uplisting to the NYSE American is part of Mayfair's strategy to expand its presence in the U.S. market, making it easier for U.S. investors to engage with the company [2][3]. - The CEO of Mayfair expressed that the new ticker "MINE" is fitting for the company as it advances its gold project, emphasizing the importance of this milestone for attracting U.S. investment [3].

Core Insights - Radisson Mining Resources Inc. has announced significant assay results from seven new drill holes at its 100%-owned O'Brien Gold Project, part of a 140,000-metre step-out drill program aimed at exploring gold mineralization [1][2]. Summary by Categories Drill Results - The new drill results include broad mineralized zones with high-grade vein intercepts at "Trend 1," extending mineralization to a vertical depth of 1,450 metres, which is 375 metres below existing mineral resources [2]. - The completion of the final wedges from pilot hole OB-24-337 has delineated new mineralization in multiple veins beneath historic mine workings, achieving a 100% success rate in intercepting vein grades consistent with the Project's mineral resources [2][15]. - The deepest intercept recorded at the Project is from new pilot hole OB-25-378, which reached a vertical depth of 1,620 metres, marking the deepest mineralization yet found [2][15]. Specific Assay Results - Drill hole OB-25-322W3 intersected 23.37 g/t Au over 4.0 metres, including a high-grade intercept of 60.60 g/t Au over 1.5 metres [3][16]. - OB-25-337W15 recorded 5.38 g/t Au over 4.5 metres, with a notable inclusion of 8.86 g/t Au over 1.5 metres [3][17]. - OB-25-378 achieved a high-grade intercept of 15.70 g/t Au over 1.1 metres at a depth of 1,620 metres [15][21]. Project Overview - The O'Brien Gold Project is located in the Bousquet-Cadillac mining camp along the Larder-Lake-Cadillac Break in Abitibi, Québec, with indicated mineral resources estimated at 0.58 million ounces at 8.2 g/t Au and inferred resources at 0.93 million ounces at 4.4 g/t Au [28]. - The ongoing exploration program has shown a high success rate, with 84% of completed drill holes intersecting gold mineralization consistent with the Project's mineral resources [13][14]. Future Plans - The company is actively drilling with six rigs on-site and plans to mobilize two additional rigs shortly to continue exploring the mineralization at the O'Brien Gold Project [2][15].

Core Viewpoint - Nova Minerals Limited has secured US$43.4 million in non-dilutive funding from the U.S. Department of War to develop a domestic antimony supply chain, which will enhance its position as a U.S. producer of military-grade antimony and support its gold exploration activities in Alaska [3][10][29]. Funding and Financial Position - The US$43.4 million funding will fully finance the establishment of antimony production at the Estelle Project, significantly strengthening the company's balance sheet [10]. - As of the end of December 2025, the company had access to over A$106 million in funding, including A$59.2 million in cash and US$30.4 million remaining from the Department of War award [25]. Antimony Production Initiatives - The company is progressing with the procurement of key mining and processing equipment for antimony production, with delivery expected in early 2026 [4][17]. - Nova has secured industrial-zoned land and is advancing permitting for a proposed antimony refinery at Port Mackenzie, targeting first production by late 2026 to early 2027 [4][13]. Gold Asset Development - Nova is advancing one of the largest undeveloped gold deposits globally, with over 20 prospects and four defined multi-million-ounce gold deposits [5][29]. - The 2025 drilling program at RPM North and RPM Valley has been completed, with results expected to support an updated Mineral Resource Estimate [6][7]. Drilling Results - Drilling at RPM North revealed broad near-surface gold intersections, including a significant new eastern discovery, while RPM Valley returned multiple intercepts greater than 1 g/t Au, confirming continuity of mineralization [7][8]. - Additional drill results will be incorporated into an updated Mineral Resource Estimate following quality assurance and control procedures [9]. Infrastructure Development - Nova secured a land use permit for an antimony refinery at Port MacKenzie, which supports the development of a U.S. critical minerals hub [15][16]. - The proposed refinery site is strategically aligned with ongoing regional development projects, enhancing the potential for rapid development [16]. Corporate Actions - In October 2025, the company completed a 5-for-1 forward split of its Nasdaq-listed American Depository Shares to enhance trading liquidity [25]. - A capital raise in December 2025 generated approximately US$20 million to support exploration and feasibility work [25].

Core Viewpoint - McEwen Inc. announces significant drill results from the Gold Bar Mine Complex in Nevada, indicating the potential for a long-life operation and plans to double production by 2030 [1]. Group 1: Drill Results - The best hole drilled to date at Windfall returned 5.55 grams per tonne (gpt) gold over 44.2 meters, including 48.38 gpt gold over 4.6 meters of oxide mineralization [2]. - Other notable drill results include 2.43 gpt gold over 74.7 meters (hole WF039), 1.70 gpt gold over 64.0 meters (hole WF037), and 1.14 gpt gold over 67.1 meters (hole WF119) [2]. - A historical hole approximately 40 meters below the recent results returned 3.75 gpt gold over 42.7 meters, suggesting potential for deeper mineralization expansion [2]. Group 2: Mineral Resource Estimates - The Company is completing a Mineral Resource Estimate for Lookout Mountain, expected to be published at the end of February, which is anticipated to significantly increase total ounces at the Gold Bar Mine Complex [6]. - An investment of approximately $10 million is planned for exploration in 2026 at Gold Bar, with results from the drilling program expected to positively impact Mineral Resource Estimates for Windfall and Unity Ridge [6]. Group 3: Development Plans - Ongoing development work in 2026 will focus on Windfall, Lookout Mountain, and Unity Ridge, including metallurgical studies and mining designs to advance these deposits towards production [8]. - Unity Ridge is within the current Plan of Operations for mining activity, and Windfall is located on private land, which may expedite the permitting process [8]. Group 4: Strategic Importance - The objective at the Gold Bar Mine Complex is to convert exploration success into a long-life asset by integrating Windfall, Lookout Mountain, and Unity Ridge into production plans [9]. - The focus is on maximizing return on capital and efficiently developing and producing new gold ounces, leveraging existing Gold Bar infrastructure where possible [9].

Core Viewpoint - Zijin Gold International Company has agreed to acquire Allied Gold for an equity value of nearly C$5.5 billion ($4.01 billion) in an all-cash transaction priced at C$44 per share [1] Group 1: Acquisition Details - The acquisition includes key assets such as the Sadiola Gold Mine in Mali, the Côte d'Ivoire Complex (including Agbaou and Bonikro gold mines), and the Kurmuk gold mine in Ethiopia, which is set to begin production in the second half of 2026 [2] - The agreement has no financing conditions, and the cash consideration will be funded from Zijin Gold's existing cash balances and available liquidity [2] Group 2: Strategic Intent - Zijin Gold's chairman, Hongfu Lin, emphasized that Allied Gold has developed a portfolio of large-scale, long-life gold assets with significant expansion potential, and the company aims to work with stakeholders in Ethiopia, Mali, and Côte d'Ivoire to enhance these operations [3] - The Sadiola and Kurmuk mines are described as generational assets expected to provide multi-decade production, supported by the production from the CDI Complex [3] Group 3: Transaction Closure and Regulatory Approvals - The transaction is expected to close by late April 2026, pending the satisfaction or waiver of necessary conditions and required clearances [3] - Completion of the acquisition is subject to several terms, including approval from Allied Gold shareholders, compliance with the Investment Canada Act, customary court approval, and no material adverse changes regarding Allied Gold [5] Group 4: Market Impact - Following the completion of the transaction, Allied Gold shares will be delisted from the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE), and the company will cease to be a reporting issuer under Canadian and US securities laws [4]

Market Performance - The A-share market opened lower on the 27th but experienced a rebound, closing collectively higher with the Shanghai Composite Index up by 0.16%, the Shenzhen Component Index up by 0.09%, and the ChiNext Index up by 0.71% [1][2]. Trading Volume and Stock Movement - The total trading volume in the market reached 2.92 trillion yuan, with over 3,400 individual stocks declining [4]. - Notable sectors included precious metals, with Sichuan Gold, Zhaojin Mining, and Hunan Gold hitting the daily limit [4]. - The CPO concept showed active performance, and the commercial aerospace sector continued to strengthen, with multiple stocks reaching the daily limit [4]. Sector Performance - The space photovoltaic concept saw a sustained recovery, while the computing power leasing concept experienced fluctuations with several stocks rising sharply [4]. - The semiconductor industry chain saw a resurgence, particularly in storage and packaging testing, with Huahong Semiconductor reaching a historical high during the session [4]. - Conversely, the biopharmaceutical sector faced a pullback, with Yongshun Bio and Lianhuan Pharmaceutical leading the declines [4]. - The rare earth and lithium battery industry chains significantly weakened, while food, beverage, and tourism stocks were among the largest decliners [4].

截至发稿，紫金黄金国际(02259.HK)涨6.70%、紫金矿业(02899.HK)涨2.94%。根据紫金矿业的公告，公 司控股的紫金黄金国际已与在加拿大及美国两地上市的AlliedGoldCorporation签署协议，拟以44加元/股 的现金价格收购联合黄金全部已发行的普通股，收购价格为收购对价约55亿加元，约合人民币280亿 元。根据公开资料，AlliedGold在非洲运营金矿资产，在马里和科特迪瓦拥有运营中的金矿，并在埃塞 俄比亚开发新项目。 ...

Market Overview - Asian equities experienced a decline due to resurfacing tariff concerns, particularly after President Trump threatened to raise levies on South Korean goods, with the Kospi Index falling by 0.9% [1] - The yen maintained its gains, trading around 154 per dollar, amid speculation of potential US-Japan intervention [2][5] - Tariff concerns have intensified as Trump warned of 100% levies on Canada, adding uncertainty in a crucial week for investors with major technology earnings reports approaching [3] Technology Sector - The technology sector is under scrutiny, with a focus on whether major tech companies can sustain the recent AI-driven rally. Companies representing about one-third of the S&P 500's market capitalization are set to report earnings this week [4] Corporate Developments - Morgan Stanley is enhancing its collaboration with Mitsubishi UFJ Financial Group to increase market share in Japan [9] - Zijin Mining Group's subsidiary has agreed to acquire Allied Gold Corp. for C$5.5 billion (approximately $4 billion), marking a significant expansion for the Chinese company [9] - A proposal by China's Sinochem Group to address regulatory risks for Pirelli & C. SpA was rejected by its largest Italian investor, widening the split between the two major stakeholders [9]

Core Viewpoint - The acquisition of Casa Berardi Mine and other exploration assets within the Hecla Quebec portfolio is a strategic expansion for Orezone, positioning the company as a diversified multi-asset gold producer amid record gold prices [2]. Acquisition Highlights - The transaction establishes Orezone in a Tier 1 mining jurisdiction in Quebec, enhancing its scale, production, and free cash flow [4]. - Casa Berardi has a long operating history with a well-established resource and reserve base, providing substantial exploration upside for future asset growth [4]. - The acquisition aligns with Orezone's technical expertise, as several team members have extensive operational experience in both underground and open-pit mining [4]. - The transaction is accretive on key operating and financial per share metrics, benefiting all existing shareholders [4]. - Financing for the transaction is supported by Franco-Nevada, which collaborated closely with Orezone throughout the process [4].