Alkane Resources (ALK) Conference July 24, 2025 12:00 AM ET Speaker0Well, good afternoon everyone and thank you very much for coming along and good day to everyone that's watching online. Alkane is merging with Mandalay Resources, a TSX listed company. That merger closes on the August 5 approximately. So I'm going to talk to you today about the merged entity. I'll talk you through the last twelve months as if we're already merged, our future look and introduce you to the Mandalay assets because some of you ...

Core Viewpoint - Troilus Gold Corp. has entered into indicative commercial offtake terms with Boliden Commercial AB for the sale of copper-gold concentrate from the Troilus Project, enhancing its strategic position in the European critical minerals supply chain [1][2]. Group 1: Offtake Agreements - The agreement with Boliden is the second offtake arrangement for Troilus, following a prior agreement with Aurubis AG, which underscores the quality of Troilus' anticipated concentrate [2]. - The final binding offtake agreements with both Boliden and Aurubis are expected to be executed alongside a broader US$700 million debt financing package [4]. Group 2: Project Production and Feasibility - The Troilus Project is projected to produce an annual average of approximately 135.4 million pounds of copper equivalent, translating to 75,000 wet metric tonnes (WMT) of concentrate containing payable copper, gold, and silver [3]. - The feasibility study completed in May 2024 supports a large-scale 22-year, 50ktpd open-pit mining operation, positioning Troilus as a cornerstone project in North America [8]. Group 3: Strategic Partnerships and Development - The partnership with Boliden renews a long-standing relationship, as Boliden previously processed concentrate from the Troilus site during its past production years [4]. - The company is advancing across regulatory, technical, and commercial fronts toward a construction decision, with ongoing support from financial institutions and export credit agencies [4][6].

Core Viewpoint - Atico Mining Corporation has successfully executed a loan amendment and restructuring with Trafigura, extending its existing secured credit agreement and outlining repayment terms for the outstanding principal amount of US$8.7 million [1][2]. Group 1: Loan Amendment and Restructuring - The outstanding principal amount of US$8.7 million will be repaid in two installments: US$2.7 million on July 25, 2025, and US$6 million on December 30, 2026 [2]. - The outstanding principal amount will accrue interest at a rate of SOFR plus 7.5% [2]. - The existing commercial concentrate purchase contract with Trafigura has been extended for two more years, covering 100% of the concentrate produced from the El Roble mine, with a minimum annual tonnage of 32,000 dry metric tons [2]. Group 2: Company Overview - Atico Mining Corporation is focused on exploring, developing, and mining copper and gold projects in Latin America [3]. - The company generates significant cash flow through the operation of the El Roble mine and is developing the high-grade La Plata VMS project in Ecuador [3]. - Atico is also pursuing additional acquisition opportunities in advanced stages [3].

Core Viewpoint - Troilus Gold Corp. has reached indicative commercial offtake terms with Aurubis AG for copper-gold concentrate from the Troilus Project in Quebec, marking a significant milestone towards construction readiness [1][4]. Financing and Agreements - A final binding offtake agreement is anticipated to be executed alongside a broader debt financing package of up to US$700 million, structured by a syndicate including Société Générale and KfW IPEX-Bank [2]. - Euler Hermes has issued a letter of intent for up to US$500 million, confirming eligibility for an untied loan guarantee [2]. Project Production and Specifications - The Troilus Project is expected to produce an annual average of approximately 135.4 million pounds of copper equivalent, or 75,000 wet metric tonnes of concentrate, containing copper, gold, and silver [3]. - The indicative offtake terms include specifications for concentrate, precious metals payabilities, treatment and refining charges, and penalties for deleterious elements [5]. Strategic Partnerships - The agreement with Aurubis enhances the technical and financial readiness of the Troilus Project and reflects the expected quality of the concentrate [4]. - Ocean Partners USA Inc. is acting as an independent advisor to support Troilus' concentrate offtake strategy, providing market insight and guidance [6]. Project Development - Auramet International Inc. is assisting with the structuring of the debt package and engagement with potential lenders [7]. - The company is focused on advancing all aspects of the project towards a construction decision [7].

Core Viewpoint - Atico Mining Corporation has entered into a term sheet with Trafigura PTE. LTD. to amend and extend its existing secured credit agreement, with an outstanding principal amount of US$8.7 million [1][2]. Group 1: Financial Terms - The principal amount will be repaid in two installments: US$2.7 million on July 25, 2025, and US$6 million on December 30, 2026 [2]. - The outstanding principal amount will incur interest at a rate of SOFR plus 7.5% [2]. Group 2: Contractual Agreements - The existing commercial concentrate purchase contract with Trafigura has been extended for an additional two years, covering 100% of the concentrate produced from the El Roble mine, with a minimum tonnage of 32,000 dmt per year [2]. - Closing of the transactions is contingent upon finalizing definitive documentation and obtaining approval from the TSX Venture Exchange, expected by June 30, 2025 [3]. Group 3: Company Overview - Atico Mining Corporation is focused on exploring, developing, and mining copper and gold projects in Latin America, generating significant cash flow from the El Roble mine and developing the La Plata VMS project in Ecuador [4].

Core Viewpoint - Atico Mining Corporation reported a significant decrease in production from its El Roble mine for Q1 2025, with copper production down 33% and gold production down 28% compared to Q1 2024, primarily due to unexpected challenges in rock quality during the transition to new mining areas [1][2]. Production Results - Copper production for Q1 2025 totaled 2.23 million pounds, a decrease of 33% from 3.34 million pounds in Q1 2024 [4][8]. - Gold production for Q1 2025 was 1,553 ounces, down 28% from 2,156 ounces in Q1 2024 [4][8]. - The total tonnes of ore mined decreased by 13% to 56,467 tonnes from 64,873 tonnes in Q1 2024 [4]. - The tonnes processed in Q1 2025 were 54,978, a 16% decrease from 65,787 tonnes in Q1 2024 [4]. Operational Metrics - Average tonnes processed per day in Q1 2025 were 773, down 5% from 811 in Q1 2024 [4][8]. - The copper head grade was 1.97%, a decrease of 22% from 2.51% in Q1 2024 [4][8]. - The gold head grade was 1.40 grams per tonne, down 15% from 1.64 grams per tonne in Q1 2024 [4][8]. - Copper recovery improved to 93.6%, up 2% from 91.8% in Q1 2024, while gold recovery remained stable at 62.7% [4][8]. Future Outlook - The CEO indicated expectations for progressive improvements in production during the second and third quarters of 2025, aiming to recover the planned development and preparation rate [2]. - The El Roble mine has Proven and Probable mineral reserves estimated at 828 thousand tonnes, with an average grade of 2.49% Cu and 2.20 g/t Au, projected to last until Q1 2027 [9]. Exploration and Development - The company is actively exploring the larger land package and has identified numerous target areas for VMS type mineralization, which is the focus of the current surface drill program at El Roble [10]. - The El Roble mine has been upgraded since Atico gained control in 2013, increasing its nominal processing capacity from 400 tonnes per day to 1,000 tonnes per day [7].

BISHOP, Calif., May 02, 2025 (GLOBE NEWSWIRE) -- North Bay Resources, Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce delivery of 344 lbs. of gold concentrate to the Company’s refinery partner Just Refiners, Reno, NV. Assay splits have been sent to ALS Geochemistry Reno, Nevada. Ore from the Company’s Fran Gold Project was processed at the Company’s Bishop Gold Mill. The concentrate represents approximately 15 tons of gross ore processed. Recent repairs to the Company’s Raker/Classifi ...

Core Viewpoint - Galantas Gold Corporation reported its audited financial results for the year ended December 31, 2024, highlighting a significant reduction in net loss compared to the previous year, despite no revenue generated from operations [1][3]. Financial Highlights - Revenue for 2024 was $0, consistent with 2023 [2]. - Total costs and expenses of operations decreased to $112,568 in 2024 from $182,295 in 2023 [2]. - Net loss for 2024 was $1,488,684, a substantial improvement from the net loss of $8,568,140 in 2023 [3]. - Cash outflow from operating activities before changes in non-cash working capital was $1,098,038 in 2024, down from $1,788,453 in 2023 [3]. - The company had a cash balance of $525,643 at the end of 2024, a decrease from $2,593,265 at the end of 2023 [4]. - Working capital deficit increased to $16,218,988 in 2024 from $12,599,514 in 2023 [4]. Operational Updates - The company has maintained a zero lost time accident rate since the start of underground operations, emphasizing its commitment to safety [5]. - Environmental monitoring indicates a high level of regulatory compliance [5]. Related Party Transactions - The company received a loan advance of £76,965 from Melquart Ltd. on November 6, 2024, and a further £100,000 on April 11, 2025, both under the same terms as a previous loan [7][8]. - As a substantial shareholder, Melquart is considered a related party, and the terms of these transactions are under review by the Board and its Nominated Adviser [9].

(All dollar amounts are expressed in CAD dollars, unless stated otherwise) HIGHLIGHTS MONTREAL, Québec, April 28, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the results of a positive optimized Feasibility Study ("2025 FS") for its permitted, 100%-owned Cariboo Gold Project ("Cariboo Gold" or the "Project"), located in central British Columbia ("BC"), Canada. The 2025 FS was completed by BBA Engineering Ltd. ("BBA") ...