MinRex Resources has entered into a definitive arrangement agreement to acquire all issued and outstanding shares of Electrum Discovery, representing a major gold-copper merger. The transaction will proceed via a statutory plan of arrangement. Valued at around $18.73m (A$28m), the deal is being positioned as a merger of equals. The combined company will bring together Electrum’s gold and copper projects in Serbia with MinRex’s assets in New South Wales (NSW), Australia. A key highlight is Electrum’s T ...

Not for distribution to U.S. newswire services or dissemination in the United States TORONTO, Dec. 31, 2025 (GLOBE NEWSWIRE) -- Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQB: GALKF) (“Galantas” or the “Company”) is pleased to announce that the Company has completed its previously announced acquisition (the “Transaction”) of all of the issued and outstanding shares of RDL Mining Corp. (“RDL”) in exchange for common shares of Galantas (“Galantas Shares”), pursuant to a share purchase agreement among Gala ...

Vancouver, British Columbia--(Newsfile Corp. - December 23, 2025) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") is pleased to announce the closing of the first tranche (the "First Tranche") of its previously announced non-brokered private placement (the "Private Placement") of units of the Company (the "Units"), originally announced on December 16, 2025.As previously announced, the Private Placement was increased to a maximum of 34,710,743 Units at a price of C$1.21 per ...

CHEYENNE, Wyo., Dec. 23, 2025 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," or "our") (NASDAQ: USAU) today announced that we have closed a private placement of 1,922,159 shares of our common stock at a price of $16.25 per share (the "Offering Shares") and warrants to purchase 961,077 shares of our common stock at an exercise price of $23.00 per share (the "Warrants"), pursuant to a securities purchase agreement entered into with certain investors, resulting in total gross proceeds of a ...

VANCOUVER, BC, Dec. 18, 2025 /PRNewswire/ - OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) ("OceanaGold" or the "Company") is pleased to announce that the Expert Panel appointed by the New Zealand government to consider permitting of the Waihi North Project ("WNP") has released a final decision approving the project. OceanaGold is now officially permitted to develop and operate WNP, which includes the high-grade Wharekirauponga Underground mine ("WUG"), located ~10 kilometres ("km") North of the Company' ...

Core Viewpoint - Jiangxi Copper has increased its takeover bid for SolGold to approximately £842 million ($1.12 billion), offering 28p per share, with SolGold's board indicating a willingness to recommend the proposal if a formal offer is made [1][2]. Group 1: Takeover Bid Details - The latest offer from Jiangxi Copper is the third non-binding attempt to acquire SolGold, representing a 7.7% increase from the previous offer of 26p per share, which was rejected by SolGold last month [2]. - The rise in gold prices this year, influenced by geopolitical tensions and economic uncertainty, has heightened demand for safe-haven assets and encouraged consolidation in the mining sector [2]. Group 2: Support from Major Shareholders - BHP Billiton has issued a non-binding letter of intent (LoI) supporting the revised offer, covering its 310,965,736 shares, which represent 10.3% of SolGold's voting rights [3]. - Newmont has also provided a LoI in support of the revised offer, covering its 309,309,996 shares, accounting for another 10.3% of SolGold's voting rights [3]. - Maxit Capital and its affiliates have issued a LoI supporting the revised offer, holding 153,366,663 shares, representing 5.1% of SolGold's voting rights [4]. - SolGold's CEO Nicholas Mather has issued a LoI supporting the revised offer for his holdings of 84,249,282 shares, which represent 2.8% of the voting rights [4]. Group 3: Jiangxi Copper's Shareholding - Since December 2022, Jiangxi Copper has been a significant shareholder in SolGold, holding 365,757,587 shares, approximately 12.2% of SolGold's issued share capital [5]. - With the support from BHP, Newmont, Maxit, and Nicholas Mather, Jiangxi Copper is backed by shareholders representing 40.7% of SolGold's issued share capital [5].

Core Viewpoint - Jiangxi Copper has increased its takeover offer for SolGold to 28 pence per share, valuing the company at approximately 842 million pounds ($1.13 billion) [1] Group 1: Company Actions - Jiangxi Copper's revised offer represents a strategic move to acquire SolGold, a gold and copper mining company [1] - The new offer price of 28 pence per share indicates a significant valuation for SolGold, reflecting Jiangxi Copper's confidence in the company's assets and future potential [1] Group 2: Financial Implications - The total valuation of SolGold at about 842 million pounds ($1.13 billion) highlights the financial scale of the acquisition and its potential impact on the market [1]

Core Insights - Carolina Rush Corporation has entered into an Earn-In Option Agreement with OceanaGold Corporation, which became active on November 26, 2025, following the receipt of all required approvals [1][2] - The partnership aims to explore the Brewer Gold-Copper Project, with an initial deep-drilling campaign set to begin on January 5, 2026, involving approximately 3,000 meters of drilling [2][3] Company Overview - Carolina Rush Corporation is focused on the Brewer Gold-Copper Project in South Carolina, which is characterized by near-surface Au-Cu epithermal mineralization and potential for deeper porphyry-style mineralization [9] - The Brewer project is located 13 km from OceanaGold's Haile Gold Mine, which has a production guidance of 170,000-200,000 ounces of gold for 2025 [9] Exploration Program - The Stage 1 exploration program requires OceanaGold to spend a minimum of US$1.5 million, with a total of US$8 million needed by the end of 2027 to earn a 50% interest in the Brewer Project [2][3] - The initial drilling will focus on high-priority porphyry copper-gold targets identified through geological mapping, geochemistry, and geophysical surveys [3][4] Drilling Details - The drilling campaign includes three planned holes: - DDH A-1: approximately 1,500 meters to test a potential porphyritic intrusion beneath the former Brewer Mine [6] - DDH A-2: approximately 1,500 meters, contingent on A-1 results, to evaluate the southern margin of a deep resistivity anomaly [6] - DDH B-1: approximately 1,000 meters to assess a separate deep MT-IP anomaly in an area with previously untested mineralization [6]

Core Viewpoint - GoldQuest Mining Corp. is advancing its 2025 drilling and metallurgical testwork program at the Romero Gold-Copper Project in the Dominican Republic, with significant progress reported since the program's commencement in September 2025 [1][2]. Drilling and Metallurgical Program Update - The company has completed five metallurgical drill holes totaling 1,906 meters, aimed at providing fresh core for advanced metallurgical testing and supporting the ongoing Feasibility Study [2][5]. - All five drill holes have visually confirmed high-grade mineralization, showcasing multiple mineralization events, including massive sulphides and other favorable alteration styles [3][5]. - Approximately 1,600 meters of representative core have been selected for advanced locked-cycle and variability testwork at ALS Kamloops, with initial results expected in March 2026 and a final report anticipated by late April or early May 2026 [5][10]. Geotechnical and Hydrogeological Drilling - The geotechnical and hydrogeological drilling program is on schedule, consisting of five dedicated geotechnical holes and twelve hydrogeological holes, with completion expected by February 2026 [11][12]. - Data from these holes will support detailed engineering design for the Feasibility Study [11]. Exploration and Targeting - An additional rig is being mobilized to the high-priority Cachimbo discovery target to initiate resource delineation drilling and test other early-stage targets along the mineralized corridor [5][12]. - The integration of new structural, geophysical, and geological datasets into machine learning software is underway, aimed at refining exploration targets for 2026 [13]. Management Commentary - The CEO of GoldQuest expressed satisfaction with the progress of the 2025 program, highlighting the completion of the metallurgical drilling campaign as a significant de-risking milestone for the Romero Project [14].

Core Insights - U.S. Gold Corp. is advancing the CK Gold Project, which is a fully permitted and shovel-ready gold and copper development opportunity located near Cheyenne, Wyoming [1] - The project has a reserve of 1.7 million ounces of gold-equivalent, supported by a strong balance sheet and a tight share structure [1] - The company is led by CEO George Bee, who has a reputation for building some of the world's largest gold mines, providing investors with direct leverage to gold and copper through a high-quality, near-term domestic project [1]