Core Viewpoint - Battery X Metals has entered into a definitive agreement to sell its 100% interest in the Belanger gold and copper exploration project in Ontario, aligning its exploration portfolio with its 360° battery metals value chain strategy [1] Group 1 - The transaction allows for near-term consideration and retained upside through equity participation [1] - This strategic move enables the company to maintain exposure to future exploration outcomes while reducing non-aligned assets [1]

Core Viewpoint - KEFI Gold and Copper PLC has successfully closed its full US$340 million project financing, with a US$20 million investment from Chancery Royalty, marking a confirmatory milestone rather than a strategic shift [1] Financing Structure - Bank approvals obtained in October cover 70% of the development capital, allowing the company to optimize remaining equity components [1] - The financing is structured largely at the subsidiary level, which minimizes dilution at the parent company [1] - The US$20 million funding is arranged as an "equity ranking royalty," ensuring payments are made only when dividends are payable to shareholders, aligning with shareholder interests [1] Project Valuation - The project is valued at approximately US$400 million, financed in a way that minimizes equity dilution, including contractor arrangements that reduced capital requirements to US$340 million [1] - A major development bank is participating with US$240 million in financing [1] - The stock has tripled over the past six months, with further potential upside suggested by benchmarking against similar-stage gold companies [1] Operational Updates - At the Mining Indaba in Cape Town, KEFI is engaging with contractors, capital providers, insurers, and government representatives as mobilization begins [1] - The company has initiated full project launch activities across site locations and contractor hubs globally [1]

Core Viewpoint - Eldorado Gold intends to acquire Foran Mining in a merger valued at approximately C$3.8 billion ($2.78 billion), aiming to create a stronger gold-copper mining company that capitalizes on high metal prices and demand for critical minerals [1][2]. Group 1: Transaction Details - The acquisition will be executed through a court-sanctioned plan of arrangement under the Business Corporations Act (British Columbia) and is expected to conclude in the second quarter of 2026 [2]. - Post-merger, Eldorado will own a 76% stake in the combined entity, while Foran shareholders will retain 24% [2]. - The merged entity aims for a production target of approximately 900,000 gold equivalent ounces by 2027 [2]. Group 2: Financial Projections - Expected EBITDA for the merged entity is projected at $2.1 billion, with free cash flow anticipated to reach $1.5 billion in 2027 [3]. - These financial resources are intended to support growth initiatives and enhance shareholder returns [3]. Group 3: Strategic Implications - The combined company is expected to maintain its headquarters in Vancouver, British Columbia, and will operate under the Eldorado Gold name [3]. - Eldorado Gold's CEO highlighted that the merger will create a stronger growth company with significant cash flow generation and multiple catalysts, particularly with projects like Skouries and McIlvenna Bay set to come online in 2026 [5].

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].