SUDBURY, Ontario, Dec. 31, 2025 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce that further to its news release dated November 18, 2025 titled “Magna Mining Reports Mineral Resource Estimate for the Levack Mine in Sudbury, Ontario” the Company has filed on SEDAR+ an independent technical report titled “Technical Report on the Mineral Resource Estimate For the Levack Mine Property”. The technical report has been filed in accorda ...

Company Overview - ValOre Metals Corp. has achieved significant milestones in 2025, including the development of its Pedra Branca PGE project in Brazil and the completion of a Trado auger drilling program at the Esbarro deposit [2][3] - The company has received approval for Final Exploration Reports for key mineral claims, marking a major regulatory advancement [2] - A metallurgical testwork program has commenced in collaboration with the University of Cape Town [2] Strategic Developments - ValOre has engaged Lycopodium as the lead process engineering consultant for the Pedra Branca project, enhancing its development pathway [3] - The company aims to transition from a pure exploration focus to becoming an integrated precious metals producer, targeting new opportunities in the critical and precious metals sector [4] Precious Metals Market Insights - 2025 has seen gold prices reach new record highs, exceeding $4,400 per ounce, driven by geopolitical tensions and expectations of interest rate cuts [5] - Platinum and Palladium prices have nearly doubled over the last six months, reversing years of depressed conditions [6] Demand Drivers for Platinum Group Elements (PGE) - Automotive demand remains a dominant driver, with approximately 40% of total Platinum demand and 80% of Palladium and Rhodium demand coming from automotive catalysts [7] - Jewelry demand for Platinum is forecasted to rise by 5-9% in 2025, particularly in China [9] - Investment demand for Platinum has increased significantly, with physical platinum bar and coin demand in China growing from nearly zero in 2019 to over 400,000 ounces in 2025 [13] Supply Challenges - The market has experienced three consecutive annual deficits in PGE supply, with the 2025 shortfall estimated at 692,000 ounces [14] - Finding new economic PGE deposits is challenging due to geological rarity and the high costs associated with developing these deposits [15][16] Pedra Branca Project Advantages - The Pedra Branca project benefits from Brazil's streamlined licensing and permitting processes, as well as excellent access to transport and electrical infrastructure [17] - The near-surface mineral resource at Pedra Branca allows for low-cost open-cast mining, reducing the capital required for development [19] - ValOre's experienced team is focused on delivering the project, covering various aspects from exploration to community engagement [20] Future Outlook - The company aims to sharpen its strategic direction and position itself for sustainable development of the Pedra Branca project in 2026 [23] - ValOre is committed to transparency and regular updates on progress, emphasizing responsible and value-focused work [24]

Core Insights - New Age Metals Inc. has entered into an option agreement to acquire the Lavender and Gibi Properties, expanding its exploration portfolio in the Kenora Gold District [1][3][14] - The combined land position now totals approximately 8,500 hectares, enhancing the company's strategic footprint in a region known for both precious and critical metals [3][19] Property Details - The Lavender Property consists of 64 mining claims and 1 patented mining claim, covering 1,335 hectares, while the Gibi Property includes 186 mining claims totaling 3,881 hectares [2] - The company has the option to acquire 100% of these properties, subject to a 2% net smelter return royalty, which can be reduced to 1% for a payment of $1 million [2] Exploration and Sampling - A due diligence site visit in October 2025 confirmed the presence of multiple mineralized structural targets across both properties, with known occurrences of gold and copper [6][7] - Grab samples from the Lavender Property showed significant mineralization, including copper values up to 10,014 ppm and gold values up to 172 ppb [9][11] Strategic Positioning - The acquisition strengthens the company's position in the Bonanza Ridge Gold and Critical Metals Project area, which is recognized for its potential in gold and critical metals exploration [3][14] - The Kenora Gold District is noted for its historic gold production and ongoing investment from major mining companies, making it an attractive area for new discoveries [19] Financial Terms of the Agreement - The option agreement includes a series of cash payments and share issuances over three years, starting with $15,000 within 10 days of regulatory approval [20][21] - The agreement allows the company to terminate after the first year's commitments are fulfilled, with no finder's fees associated with the transaction [20] Infrastructure and Access - The properties benefit from excellent year-round access and infrastructure, including nearby highways and power transmission lines, facilitating exploration activities [7][18] - The strategic location near Kenora provides direct access to mining services and skilled labor, enhancing the company's operational capabilities [7][19]

Core Insights - Franco-Nevada Corporation (NYSE:FNV) is recognized as one of the best Canadian dividend stocks for long-term investment [1] - TD Securities has reduced its price target for FNV from $247 to $225 while maintaining a Hold rating, citing a shift in investor sentiment and increased market volatility following a gold price decline [2] - In Q3 2025, FNV reported record revenue of $487.7 million, a 77% increase year-over-year, surpassing analysts' expectations by $27 million [3] - The company’s operating cash flow reached $348.0 million, reflecting a 63% increase from the previous year, and it has maintained a debt-free balance sheet [4] Financial Performance - FNV's revenue for Q3 2025 was $487.7 million, marking a 77% growth compared to the same quarter last year [3] - Operating cash flow for the company was $348.0 million, which is a 63% increase from the prior year [4] - The company has increased its dividend annually since its IPO in 2008, achieving 18 consecutive years of growth by 2025 [4] Business Model and Strategy - Franco-Nevada operates as a streaming and royalty company with a focus on gold, holding a diversified portfolio that includes agreements linked to various metals and oil and gas [5] - The company has acquired six significant new gold interests over the past 18 months, enhancing its long-term growth prospects and increasing its revenue exposure to precious metals, which accounted for 85% of total revenue in the quarter [3]

Financial Results - Plato Gold Corp. reported financial results for the nine months and three months ended September 30, 2025, showing income of $1,389 million for nine months and $352 million for three months [1] - The company experienced a net loss of $131,176 million for the nine months and $35,353 million for the three months [1] - Comprehensive loss matched the net loss figures, with comprehensive losses of $131,176 million for nine months and $35,353 million for three months [1] - Loss per common share was reported at $(0.01) for the nine months [1] - The weighted average number of common shares outstanding was 230,665,717 for the nine months [1] Company Overview - Plato Gold Corp. is a Canadian exploration company listed on the TSX Venture Exchange, OTC Markets, and Frankfurt Exchange, with projects located in Timmins, Ontario, and Santa Cruz, Argentina [3] - The Timmins project includes four properties: Guibord, Harker, Holloway, and Marriott, focusing on gold exploration [3] - In Argentina, the company holds a 95% interest in Winnipeg Minerals S.A., which has mineral rights totaling 9,672 hectares with potential for gold and silver [4] - The Good Hope Niobium Project covers approximately 6,035 hectares near Marathon, Ontario, targeting niobium [4] - The Pic River Platinum Group Metals Project consists of 2,352 hectares near Marathon, Ontario, with claims contiguous to Generation Mining's Marathon PGM project [5]

Core Insights - Franco-Nevada Corporation reported record adjusted earnings of $1.43 per share in Q3 2025, exceeding the Zacks Consensus Estimate of $1.37, with a year-over-year increase of 79% [1][7] - The company achieved record revenues of $488 million in the reported quarter, a surge of 76.9% year over year, primarily driven by high gold prices [2][7] - Adjusted EBITDA rose 62.3% year over year to $427 million, with an adjusted EBITDA margin of 87.6%, up from 85.7% in the prior year [3] Financial Performance - Franco-Nevada sold 138,772 Gold Equivalent Ounces (GEOs) in Q3 2025, a 26% increase from 110,110 GEOs in the same quarter last year, supported by deliveries from Cobre Panama [3] - The company had $0.24 billion in cash at the end of Q3 2025, down from $1.45 billion at the end of 2024, while operating cash flow for the first nine months of 2025 was $1.07 billion, up from $0.59 billion in the prior-year period [4] - Franco-Nevada remains debt-free and utilizes its free cash flow for portfolio expansion and dividend payments [4] Future Outlook - The company updated its total GEO sales outlook for 2025 to a range of 495,000-525,000, an increase from the previous estimate of 465,000-525,000 [5] Stock Performance - Franco-Nevada's shares have increased by 39.5% over the past year, compared to the industry's growth of 77.9% [6]

Core Viewpoint - New Age Metals Inc. has received approval for the Bonanza Gold Project, which consists of 114 mining claims and 1 patented mining claim totaling 2,191 hectares, located approximately 25 km southeast of Kenora, Ontario. The company aims to leverage modern exploration techniques to unlock significant value in the under-explored Kenora Mining District [1][4][26]. Financial Summary - The company is issuing 302,298 common shares at a deemed price of $0.4135 per share and making a cash payment of $40,000 to the partners involved in the project. Future share payments will be based on the 10-day trading average of NAM shares, with a minimum price of $0.2475 per share [2][3]. - Contingent milestone payments of $250,000 will be made upon the completion of an NI 43-101 compliant Mineral Resource Report outlining over one million ounces of gold, with an additional $250,000 for exceeding 2.5 million ounces [2]. Project Highlights - The Bonanza Gold Project has multiple high-grade mineral occurrences, with surface assays showing values up to 127 g/t Au. The project is drill-ready with three-year permits in place and excellent infrastructure, including road access and provincial grid power lines [6][12][26]. - The Kenora Gold District is recognized for its high-grade Archean lode-gold deposits and has been a significant area for mineral exploration for over a century, supported by established infrastructure and a skilled workforce [11][28]. Exploration and Development Plans - The technical team is currently conducting a second phase of work on the Bonanza Project, with fieldwork expected to conclude by the end of the month. Assays will be sent to the lab, and a comprehensive digital data compilation is underway [8][9]. - The company is actively seeking to expand its project portfolio and has a long-term goal of assembling a district-scale gold asset in Kenora to attract major gold producers [4][7]. Market Context - The gold price and demand are at historic highs, providing a favorable environment for exploration and development in the junior mining sector. The company believes that the current market conditions present a significant opportunity for growth [4][11]. - The response to recent private placements indicates renewed investor interest in the junior mining industry, with the company successfully upsizing its private placement to $4 million [11].

Core Viewpoint - The company is transitioning from open cast mining to underground mining as it depletes its open pit resources, which has been a planned strategy for several years [3]. Group 1: Transition to Underground Mining - The company has been an open cast miner for the last 15 years and is now moving to underground mining, starting with the west mine [3]. - This transition is seen as an opportunity to redefine resources, innovate, and empower future operations [3]. Group 2: Integrated Mining Vision - The company aims to unlock multigenerational value through a fully integrated mining complex, which includes the co-production of Platinum Group Metals and chrome concentrate [5]. - The company has remained profitable over the last 11 years despite facing volatile commodity markets and geopolitical challenges [5].

Core Viewpoint - New Age Metals Inc. has entered into an option agreement for the Bonanza Gold Project, which consists of 114 mining claims and 1 patented mining claim totaling 2,191 hectares, located near Kenora, Ontario, providing an opportunity to leverage modern exploration techniques in a historically under-explored area [1][2][3]. Group 1: Project Details - The Bonanza Gold Project is situated approximately 25 km southeast of Kenora and encompasses a total area of 2,191 hectares or 5,414 acres [1]. - The company has the option to acquire 100% of the project, subject to a 2% royalty, which can be reduced to 1% for a payment of $1 million [1][9]. - The project has shown high-grade mineral occurrences, with surface grab sample assays revealing gold grades up to 127 g/t [6][14]. Group 2: Market Context - The gold price is currently near historic highs, trading at approximately US$3,830 (C$5,330), which has led to increased global demand for gold [5]. - The Kenora District has seen limited modern exploration, presenting an opportunity for New Age Metals to unlock significant value through advanced exploration techniques [2][7]. Group 3: Corporate Strategy - The company aims to assemble a district-scale gold asset in Kenora to attract major gold producers, leveraging the current cash-rich environment of these companies [2]. - New Age Metals has diversified its mineral portfolio, focusing on critical metals including gold, antimony, lithium, and platinum group metals [4][23]. Group 4: Financial Commitments - The option agreement includes a series of cash payments and share issuances to the prospectors, with specific milestones tied to exploration expenditures [8][10]. - Contingent milestone payments of $250,000 are set for the completion of NI 43-101 compliant reports outlining significant gold resources [9]. Group 5: Exploration and Development - A due diligence site visit confirmed the presence of high-grade gold mineralization across multiple prospects within the project [11][12]. - The project is drill-ready with three-year permits in place, indicating readiness for immediate exploration activities [6].

Core Viewpoint - New Age Metals Inc. is initiating a non-brokered private placement offering to raise up to $3,500,000, with significant participation from major shareholder Eric Sprott [1][2][5]. Group 1: Private Placement Details - The private placement consists of up to $2,300,000 in units priced at $0.22 each and up to $1,200,000 in flow-through units priced at $0.26 each [1]. - Each unit includes one common share and one-half of a common share purchase warrant, with the whole warrant allowing the purchase of an additional common share at $0.40 for up to 36 months [2]. - Each flow-through unit consists of one common share qualifying as a flow-through share and one-half of a flow-through unit warrant, with similar warrant terms as the standard units [3]. Group 2: Use of Proceeds - Proceeds from the flow-through units will be allocated for exploration and development of projects in Newfoundland, Ontario, or Manitoba, while proceeds from the standard units will be used for exploration and general working capital [4]. Group 3: Management and Strategic Outlook - The Chairman & CEO expressed confidence that the investment from Sprott and new mining funds will support the development of existing projects and facilitate aggressive acquisition strategies [5]. - The company is actively seeking new mineral acquisition opportunities internationally and aims to partner with major and junior mining companies [16]. Group 4: Company Overview - New Age Metals is focused on the exploration and development of critical green metal projects in North America, with divisions in Platinum Group Elements, Lithium/Rare Elements, and Antimony-Gold [8]. - The company holds significant projects, including the River Valley Project, one of North America's largest undeveloped Platinum Group Element projects, and a substantial lithium claim in the Winnipeg River Pegmatite Field [9][10].