TORONTO, Aug. 22, 2025 (GLOBE NEWSWIRE) -- BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) is pleased to announce that it has filed its unaudited condensed interim financial statements and MD&A for the second quarter ended June 30, 2025. For the 3 and 6 months ending June 30, 2025, the company incurred a net comprehensive loss of $114,537 ($0.00 per share) and $152,428 ($0.01 per share) respectively. On June 30, 2025, the company had cash (and cash equivalents) of $255,401. About BULGOLD Inc. BULGOL ...

VANCOUVER, British Columbia, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Precore Gold Corp. (CSE: PRCG) (the “Company” or “Precore Gold”) is pleased to announce that it has arranged, subject to receipt of regulatory approval, a non-brokered private placement (the “Private Placement”) to raise gross proceeds of up to $2,000,000. The Private Placement will consist of the sale of up to 11,111,111 units of the Company (the “Units”) at a price of $0.18 per Unit, with each Unit consisting of one common share of the Company ...

Core Viewpoint - Rackla Metals Inc. is making significant progress in its 2025 exploration program in western Northwest Territories, increasing its drill plan by 25% to 5,000 meters due to positive findings in drill core and surface work [1]. Group 1: Exploration Progress - As of August 18th, over 3,100 meters have been drilled with 7 holes completed, covering an area of 500 x 300 x 550 meters [2]. - All drilled holes have intersected a consistent set of sheeted quartz/sulphide+tourmaline veins, with a notable zone of intense quartz and quartz-tourmaline veining and elevated bismuth content observed in holes G25-004 and G25-005 [3][6]. - The mineralized zone shows good continuity and appears robust, with increasing strength and width as the intercepts get deeper [3]. Group 2: Current Drilling and Results - The current drill hole G25-008 is targeting the same mineralized zone as previous holes, with a target depth of 500 meters [6]. - Samples from holes G25-001 through G25-007 have been submitted to the lab, with results from the first three holes expected within the coming week [8]. - A steady flow of results is anticipated following the initial findings [8]. Group 3: Geological Insights - Recent mapping indicates a metal zonation, with the ridge top being arsenic-rich and the lower ridges being bismuth-rich, suggesting minimal erosion in the area [10]. - The exploration is based on the Reduced Intrusion-Related Gold System model, indicating potential for significant mineral discoveries [10]. Group 4: Community Engagement - The company is working in consultation with the Sahtu Dene and Métis communities, emphasizing the importance of maintaining collaborative relationships as exploration advances [14]. Group 5: Company Overview - Rackla Metals Inc. is a junior gold exploration company based in Vancouver, targeting Reduced Intrusion-Related Gold Systems in underexplored regions of eastern Yukon and western Northwest Territories [16].

Core Viewpoint - Thunder Gold Corp has engaged Alliance Advisors for investor relations services to enhance communication with investors and promote the potential of its Tower Mountain gold property [2][4]. Group 1: Company Overview - Thunder Gold Corp, previously known as White Metal Resources, is a junior exploration company focused on the Tower Mountain gold property located 45 kilometers west of Thunder Bay, Ontario [4]. - The company aims to strengthen investor relationships and showcase its project portfolio through strategic communication [2]. Group 2: Partnership Details - The agreement with Alliance Advisors is for an initial period of three months, with a total fee of CAD 22,500 for investor relations and communications services [2]. - Services provided by Alliance include managing public relations, social media, and stakeholder relations, with the agreement set to end on November 15, 2025 [2]. Group 3: Alliance Advisors Overview - Alliance Advisors is a firm that implements strategic investor relations programs tailored to client needs across various sectors, helping clients navigate complex markets and enhance shareholder engagement [5]. - The firm operates in both the U.S. and Canada and is recognized for its expertise in shareholder engagement and governance advisory [5].

Core Insights - Red Pine Exploration Inc. has completed its 2024-25 drilling program at the Wawa Gold Project, consisting of 69 drill holes totaling 24,574.5 meters [1][4] - The drilling program achieved its primary goals of expanding the size potential of the Wawa gold deposit and better defining near-surface mineralization [2][4] - Preliminary Economic Assessment (PEA) work has commenced, with expectations to complete it in early H1 2026 [3][5] Drilling Program Details - The drilling program included 25,000 meters planned, with significant results such as 45.38 grams per tonne of gold over 3.13 meters core length [8] - Additional notable assay results include 1.86 g/t Au over 19.09 meters and 14.51 g/t Au over 4.81 meters [8] - A newly discovered gold zone at depth could extend over 940 meters [8] Ongoing Activities - The company is conducting technical and baseline studies to support operational design and permitting, including metallurgical testing and geotechnical work [6] - An environmental and permitting consultant with over 25 years of experience has been engaged to assist in the permitting process [6][8] - The company is fully funded to complete the PEA and commence baseline studies following a successful financing completed on July 9, 2025 [6][8] Quality Assurance Measures - Red Pine implements a QA/QC program that includes inserting external gold standards and blanks every 20 samples [10] - Quarter-core duplicates are routinely taken to evaluate the natural variability of gold mineralization [10] - Approximately 5% of the pulps and coarse rejects analyzed are sent for umpire testing at Agat Laboratories [10] Company Overview - Red Pine Exploration Inc. is a gold exploration company based in Toronto, Ontario, with shares trading on the TSX Venture Exchange and OTCQB Markets [12] - The Wawa Gold Project is located in the Michipicoten Greenstone Belt, an area with significant historical gold mining activity [13]

Core Insights - Pelangio Exploration Inc. is conducting a high-resolution UAV aeromagnetic survey covering 900 line-kilometers with 50-meter spacing, aimed at enhancing geological interpretation and target ranking for drill testing [1][2] - The survey is approximately 45% completed and is expected to significantly assist in the exploration of the Nkosuo Mining Lease and the broader Manfo project area [1][2] - The company is nearing the completion of an updated Mineral Resource Estimate for the Manfo project, with plans to release it within the current quarter [2] Company Overview - Pelangio Exploration focuses on acquiring and exploring land packages in gold-rich regions, specifically in Ghana and Canada [6] - The company holds two 100% owned properties in Ghana: the 106 km² Manfo property, which has eight near-surface gold discoveries, and the 280 km² Obuasi property, adjacent to AngloGold Ashanti's high-grade Obuasi Mine [6]

Core Viewpoint - Loncor Gold Inc. has established a Special Committee of independent directors to review an unsolicited, non-binding offer for a potential transaction, with no assurance that a transaction will occur [1] Group 1: Company Overview - Loncor Gold Inc. is a Canadian gold exploration company focused on the Ngayu Greenstone Gold Belt in the northeast of the Democratic Republic of the Congo (DRC) [3] - The company has a growing resource base, particularly at the Imbo Project, which includes the Adumbi deposit with an indicated mineral resource of 1.88 million ounces of gold (28.185 million tonnes grading 2.08 g/t gold) and an inferred mineral resource of 2.090 million ounces of gold (22.508 million tonnes grading 2.89 g/t Au) [3] - 84.68% of these resources are attributable to Loncor [3] Group 2: Special Committee Formation - The Special Committee is tasked with independently reviewing the potential transaction and considering alternative transactions, if advisable [1] - The committee is composed of independent directors: Kevin R. Baker K.C. (Chair), Richard J. Lachcik, and William R. Wilson [1] Group 3: Future Updates - The company will provide further corporate updates as circumstances warrant and in accordance with applicable securities laws [2]

Core Insights - Rackla Metals Inc. has commenced drilling at the BiTe zone on the Grad property in Northwest Territories, Canada, indicating a significant step in their exploration efforts [1][10]. Exploration Details - The Grad property was staked in July 2024, revealing strong gold mineralization and significant sheeted veining, which suggests the presence of a Reduced Intrusion-related Gold Systems (RIRGS) occurrence [2]. - A 4,000m diamond drill program has been initiated to test the gold system, with three drill pads prepared to test 300m of the zone [2][3]. - The first drill hole (G25-001) has reached a depth of 208m, while the second hole (G25-002) is currently being drilled at 48m, showing consistent sheeted veining with an average density of 5 to 10 veins per meter [5]. Geological Findings - The core samples from the drilling show bismuth sulphides, chalcopyrite, and pyrrhotite, with sections of strongly sericitized quartz diorite containing 5% disseminated bismuth sulphides [5][6]. - A team of mountaineering geologists is conducting high-angle sampling to confirm the vertical continuity of the gold-bearing system up to 350m above the drill site [9]. Permits and Support - The Grad Project is fully permitted for the 2025 exploration season, having obtained a five-year Type A Land Use Permit from the Sahtu Land and Water Board [10]. - All necessary contracts are in place to support the exploration program, with various service providers engaged to assist [12]. Company Overview - Rackla Metals Inc. is a junior gold exploration company based in Vancouver, Canada, targeting RIRGS mineralization in the underexplored southeastern part of the Tombstone Gold Belt [14].

Core Viewpoint - BULGOLD Inc. has successfully closed a non-brokered private placement, raising approximately $1,076,720 through the sale of 21,534,407 common shares at a price of $0.05 per share [1] Group 1: Offering Details - The Offering generated gross proceeds of approximately $1,076,720 from the sale of 21,534,407 common shares at an issue price of $0.05 per share [1] - Finders received a cash fee of $7,700 and 154,000 finder's warrants, each allowing the purchase of one additional common share at an exercise price of $0.07 until January 9, 2027 [2] - Management subscribed for $138,567 of the Offering, which is considered a related party transaction under MI 61-101 [3] Group 2: Use of Proceeds - The proceeds from the Offering will be utilized for exploration and general corporate purposes [4] Group 3: Company Overview - BULGOLD Inc. is a gold exploration company focused on mineral exploration projects in Central and Eastern Europe, controlling three quartz-adularia epithermal gold projects in Bulgaria and Slovakia [6] - As of July 10, 2025, BULGOLD had 49,132,335 issued and outstanding shares, with approximately 28.3% held by Founders, Directors, and Management [7]

Core Viewpoint - Red Pine Exploration Inc. has successfully closed an upsized brokered offering, raising a total of $8,500,000 through various units, aimed at funding exploration and development activities at the Wawa Gold Project in Ontario [1][4]. Group 1: Offering Details - The offering included 55,000,000 non-flow-through units (NFT Units) priced at $0.10 each, generating $5,500,000 in gross proceeds [1]. - Additionally, 12,500,000 flow-through units (FT Units) were issued at $0.12 each, raising $1,500,000, and 10,714,284 charity flow-through units (CFT Units) at $0.14 each, also raising approximately $1,500,000 [1]. - Each warrant associated with the units allows the holder to purchase one common share at an exercise price of $0.15 for 36 months [2]. Group 2: Use of Proceeds - Gross proceeds from NFT Units will be allocated for working capital, general corporate purposes, and evaluating future open pit production at the Wawa Gold Project [4]. - Proceeds from FT Units and CFT Units will specifically fund exploration expenses related to the Wawa Gold Project, qualifying under Canadian tax regulations [4]. Group 3: Agents and Commissions - Research Capital Corporation acted as the sole bookrunner and co-lead agent, with Haywood Securities Inc. as co-lead agents for the offering [2]. - The company paid a cash commission of $501,300 to the agents and granted them 4,605,857 non-transferable broker warrants [5].