Core Viewpoint - GoldQuest Mining Corp. has successfully closed the second tranche of its non-brokered private placement, raising approximately C$8.7 million, contributing to a total of C$40 million raised through the entire private placement process [1][2][3]. Group 1: Private Placement Details - The second tranche involved the issuance of 7,172,813 units at a price of C$1.21 per unit, each unit consisting of one common share and one-half of a common share purchase warrant [2]. - The total gross proceeds from the entire private placement, including the first tranche, amount to approximately C$40 million, with 31,966,201 units issued [3]. - A cash finder's fee of C$305,579.45 was paid to Paradigm Capital Inc. in connection with the second tranche [3]. Group 2: Future Plans and Use of Proceeds - The company anticipates closing the third and final tranche of the private placement, expected to raise up to C$3,320,896 [4]. - Proceeds from the private placement will be utilized for early development activities at the Romero project, expansion of greenfield exploration drilling, and general corporate purposes [4]. Group 3: Insider Participation - Insiders of the company acquired a total of 150,000 units for C$181,500 in the second tranche, which is classified as a related party transaction [5]. - The company is relying on exemptions from formal valuation and minority shareholder approval requirements as the insider participation does not exceed 25% of the company's market capitalization [6]. Group 4: Company Overview - GoldQuest Mining Corp. is a Canadian exploration and development company focused on advancing its gold and copper assets in the Dominican Republic, with a management team experienced in operating mines in the region [7].

Core Insights - San Lorenzo Gold Corp. has received conditional approval for a non-brokered best-efforts private placement of Units from the TSX Venture Exchange, with the first closing completed on December 19, 2025, involving the issuance of 4,110,226 Units for gross proceeds of $2,548,340.12 [1] - Each Unit consists of one common share and one half of a purchase warrant, with full Warrants allowing the purchase of additional Common Shares at $0.80 for two years [1] - The company has received subscription agreements exceeding the increased maximum of $5,000,000 and anticipates closing on those additional subscriptions [2] Financial Details - The First Closing resulted in gross proceeds of $2,548,340.12, with cash commissions totaling $81,329.95 and the issuance of 131,177 broker warrants [1] - Each broker warrant allows the holder to acquire a Common Share at a price of $0.80 for one year from the Closing Date [1] Company Focus - San Lorenzo is advancing its flagship Salvadora property located in Chile's mega-porphyry belt, with prior drilling results indicating significant gold and copper enriched systems [2]

Core Viewpoint - Naughty Ventures Corp. has entered into a mineral property purchase agreement to acquire two claim blocks, White Wolf East and White Wolf West, located in Yukon, which are strategically positioned adjacent to Prospector Minerals Corp.'s high-grade ML Project discovery [1][2]. Acquisition Details - The acquisition includes a total of 150 mineral claims, with White Wolf West comprising 65 contiguous claims to the west and White Wolf East consisting of 85 contiguous claims to the east of Prospector's ML Project [6]. - The total consideration for the acquisition is $40,000 and the issuance of 2,200,000 common shares at a deemed price of $0.085 per share, subject to a four-month hold period [9]. Strategic Importance - This acquisition positions Naughty Ventures as the only company holding land directly flanking both sides of Prospector's high-grade system, which is seen as a significant opportunity for exploration [2][7]. - The CEO of Naughty Ventures emphasized the importance of being adjacent to existing discoveries, indicating that this strategic move could provide meaningful exposure to a potentially significant exploration play in Yukon [7]. Prospector Minerals' Discovery Highlights - Prospector Minerals has reported several significant drill results in 2025, including: - A new mineralized corridor with 45.65 meters grading 2.11 g/t Au and 0.48% Cu [6]. - A major discovery at the TESS Zone with hole ML25-31 returning 44 meters of 13.79 g/t Au and 1.84% Cu, including a high-grade interval of 24.65 meters [6]. - Additional standout intercepts from Skarn Ridge, including 61.45 g/t Au over 1.9 meters and 141 g/t Au over 0.5 meters [6]. Closing Conditions - The closing of the acquisition is subject to receiving necessary consents and approvals, including from the Canadian Securities Exchange, and the satisfaction of customary closing conditions [11].

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 Viewpoint - Troilus Gold Corp. has successfully closed a bought deal public offering, raising a total of $172.5 million through the issuance of 133,722,000 common shares at a price of $1.29 per share [1][2]. Group 1: Offering Details - The offering was led by a syndicate of underwriters including Desjardins Capital Markets, Cormark Securities Inc., and Haywood Securities Inc., among others [2]. - The net proceeds from the offering will be allocated to ongoing pre-development activities at the Troilus Copper-Gold project, debt repayment, and general corporate purposes [2]. Group 2: Regulatory and Documentation - The offering was conducted via a prospectus supplement to the base shelf prospectus dated April 30, 2025, with the supplement filed on November 7, 2025 [3]. - The shares were offered in the United States under an exemption from registration requirements, and in other jurisdictions as agreed upon by the company and underwriters [3]. Group 3: Company Overview - Troilus Gold Corp. is a Canadian development-stage mining company focused on advancing the Troilus Mine, located in Quebec, Canada, covering a land position of 435 km² [6]. - A feasibility study completed in May 2024 supports a large-scale open-pit mining operation projected to last 22 years with a capacity of 50,000 tons per day [6].

Core Viewpoint - San Lorenzo Gold Corp. has commenced drilling at the Cerro Blanco porphyry target on its Salvadora property in Chile, with plans for three holes targeting geophysical anomalies identified in a recent survey [1][2]. Group 1: Drilling Operations - Drilling began on October 11, 2025, at the Cerro Blanco target, which is part of the flagship Salvadora property [1]. - The company plans to provide ongoing updates regarding drilling progress and assay results [1]. Group 2: Funding and Financial Arrangements - A second credit facility has been approved, providing up to $1,000,000 to fund the drilling program at Salvadora [2]. - The second credit facility will convert into a term loan maturing on July 31, 2027, with an interest rate of 8% per annum and a conversion option into common shares at $0.35 per share [4]. - The transaction is classified as a "related party transaction" due to the involvement of a company related to a director of San Lorenzo [6]. Group 3: Shareholder Impact - If the second credit facility is fully drawn and converted, it could result in the issuance of 7,857,143 common shares, representing 9.0% of the total issued and outstanding shares [6]. Group 4: Company Overview - San Lorenzo is focused on advancing its Salvadora property, which is located in Chile's mega-porphyry belt, and has identified significant gold and copper systems through prior drilling [7].

Core Viewpoint - Carolina Rush Corporation has entered into an Earn-In Option Agreement with OceanaGold Corporation for the Brewer Gold-Copper Project, allowing OceanaGold to earn an 80% interest through staged investments totaling US$20 million for exploration and property purchase [1][4]. Agreement Structure - The agreement allows OceanaGold to earn a 50% interest by funding US$8 million by December 31, 2027, and an additional 30% interest by funding another US$12 million by December 31, 2030, for a total of 80% interest [3][4]. - The agreement includes a provision for OceanaGold to exercise Carolina Rush's underlying Brewer Option at any time before it expires on December 31, 2030, which includes assuming historical environmental liabilities [4]. Joint Venture and Operations - Upon earning a 50% interest, a 50:50 joint venture will be formed, with Carolina Rush as the initial operator and a 10% unallocated cost allowance [4][5]. - If OceanaGold exercises the Brewer Option before spending the total US$20 million, Carolina Rush will be carried until that amount is spent [4]. Shareholder Approval - The agreement is contingent upon Carolina Rush shareholder approval, which will be sought at a Special Shareholder Meeting on October 21, 2025 [4][5]. - If approved, OceanaGold will advance US$150,000 for pre-drilling expenses and commit to a minimum of US$1.5 million within 12 months [4]. Company Background - Carolina Rush Corporation is focused on the Brewer Gold-Copper Project in South Carolina, which is underexplored and has potential for both near-surface and deeper mineralization [6]. - 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 [6].

Company Overview - Waratah Minerals (ASX:WTM) has 234 million shares on issue[6] - The share price was A$0.29 as of July 17, 2025, resulting in a market capitalization of A$67.7 million[6] - The company had A$9 million in cash at bank as of May 27, 2025[6] - Board and Management hold 11.2% of the fully diluted shares[6] - Top 20 shareholders own 50.7% of the company[6] Spur Project Highlights - The Spur Gold-Copper Project is located in the Cadia-Spur district, surrounded by major mining companies[12, 14] - The project has a district-scale land position and untapped geological potential[12, 15] - The company has a clear exploration strategy targeting wallrock-hosted epithermal-porphyry settings[20] - Drilling results include 11m @ 10.82 g/t Au from 154m (SPRC002), 89m @ 1.73 g/t Au, 0.08% Cu from 115m (SPRC007), and 196m @ 0.54% CuEq, 0.35% Cu, 0.23 Au g/t from 1m (BZD001)[18] - Extensive shallow epithermal gold has been identified at surface[28] - Porphyry Cu-Au mineralization has been intersected at Breccia West, including 84m @ 0.62% CuEq, 0.40% Cu, 0.26g/t Au from 29m (BZD001)[42, 46] Investment Highlights - The company is exploring for world-class gold-copper deposits[3] - The company has an experienced team with a track record of discovery[3, 7] - The company is strategically positioned in a major gold-copper district[3] - The company has achieved discovery 'Proof of Concept' with epithermal-porphyry gold-copper mineralization[3]

Group 1: Recent IPO Activity - Six companies, led by two mining firms, went public in the U.S. last week, including three blank check companies [1] - Aura Minerals plans to raise $210 million with a market cap of $2.1 billion, primarily generating revenue from gold and some copper [1] - Almonty Industries aims to raise $75 million with a market cap of approximately $1.5 billion, focusing on tungsten production for the defense industry [1] - Majestic Ideal Holdings, a Chinese supply chain management company, raised $15 million but saw a significant drop in share price, closing down 45% [1][2] Group 2: Upcoming IPO Filings - Three companies submitted initial filings last week, each planning to raise over $100 million: Bullish, Miami International, and Heartflow [2][3] - Avidbank, a California-based commercial bank, filed for a $70 million IPO [3] Group 3: Upcoming IPO Outlook - NIQ Global Intelligence plans to raise $1.1 billion with a market cap of $6.5 billion, serving as a leading provider of consumer intelligence [4][7] - Accelerant aims to raise $550 million with a market cap of $4.2 billion, operating a data-driven risk exchange for professional insurance [5][7] - McGraw Hill plans to raise $500 million with a market cap of $4 billion, focusing on educational publishing and digital learning solutions [5][7] - Carlsmed, a medical technology company, plans to raise $101 million with a market cap of $430 million, specializing in spine surgery solutions [6][7]

Core Viewpoint - Troilus Gold Corp. has filed the Environmental and Social Impact Assessment (ESIA) for its Troilus Copper-Gold Project, marking a significant milestone in the project's development and advancing it towards construction [1][2]. Group 1: Project Development - The ESIA submission is the result of over five years of baseline studies, technical evaluations, and community engagement, positioning Troilus as one of the largest undeveloped gold and copper projects in North America [2]. - The project is now entering the provincial and federal review process, with final decisions expected by the end of 2026 [6]. Group 2: Environmental and Community Engagement - The ESIA was developed in collaboration with leading environmental and engineering firms, which is expected to streamline the permitting timeline [5]. - Extensive community consultations were conducted with local Indigenous groups, shaping project design and mitigation strategies [10]. Group 3: Project Details - Troilus Gold Corp. holds a large land position of 435 km² in the Frôtet-Evans Greenstone Belt and aims for a large-scale 22-year, 50,000 tons per day open-pit mining operation [8]. - Independent studies confirm that the project's waste rock is non-acid-generating, significantly reducing environmental risks [10].