Gold.com (GOLD - Free Report) ended the recent trading session at $39.53, demonstrating a -1.69% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 1.21%. At the same time, the Dow lost 0.97%, and the tech-heavy Nasdaq lost 2.15%.
Coming into today, shares of the precious metals trading company had lost 2.69% in the past month. In that same time, the Finance sector gained 2.12%, while the S&P 500 gained 0.42%.
The upcoming earnings release of Gold.com will be of great interest to investors. The company's earnings per share (EPS) are projected to be $0.96, reflecting a 26.32% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $7.76 billion, up 209.04% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $5.31 per share and a revenue of $28.27 billion, demonstrating changes of +144.7% and +157.52%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Goldcom. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. At present, Gold.com boasts a Zacks Rank of #3 (Hold).
In the context of valuation, Gold.com is at present trading with a Forward P/E ratio of 11.08. This signifies a premium in comparison to the average Forward P/E of 10.75 for its industry.
The Financial - Miscellaneous Services industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 186, which puts it in the bottom 25% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
, /PRNewswire/ -- Integra Resources Corp. ("Integra" or the "Company") (TSXV: ITR) (NYSE American: ITRG) is pleased to provide an interim operational update for the second quarter ended June 30, 2026. Florida Canyon produced 16,379 ounces of gold during the quarter, a 30% increase from the first quarter of 2026. The increase in gold production was supported by record total material movement, including a 47% increase in ore mined and a 45% increase in ore placed on the heap leach pads quarter-over-quarter. With significantly more ore being placed on the heap leach pad in the second half of this year, the Company expects gold production to increase in the third and fourth quarters and is maintaining full-year gold production guidance of 70,000 to 75,000 ounces.
The Company plans to release its second quarter 2026 financial results after market close on Tuesday, August 11, 2026, followed by a conference call hosted by senior management on Wednesday, August 12, 2026 at 10:00 AM Eastern Time / 7:00 AM Pacific Time.
(All amounts in United States ("U.S.") dollars as at June 30, 2026, unless otherwise stated.)
Q2 2026 Operational Highlights:
Key Operating Metric Improvements Quarter-over-Quarter1: 30% increase in gold produced 16% increase in total tonnes mined 47% increase in ore mined 45% increase in ore placed on heap leach pads 21% increase in processed grade 38% decrease in strip ratio 8% decrease in waste mined The Company mined 4.4 million ("M") tonnes of ore and 3.6 M tonnes of waste at a strip ratio of 0.81 at the Florida Canyon Mine ("Florida Canyon" or the "Mine"). As a result, mining rates averaged 87,867 total tonnes per day ("tpd"), representing a record rate of total material movement at the Mine. The Florida Canyon Mine produced 16,379 ounces of gold and sold 15,794 ounces of gold during the second quarter, a 30% increase in gold production quarter-over-quarter. Gold production is expected to continue increasing through the second half of 2026, supported by the implementation of the N2 ore blending strategy, higher mining rates and increased ore stacking rates on the heap leach pads. Florida Canyon achieved record mining rates during the second quarter, with total tonnes mined increasing 16% from the first quarter. The higher mining rates reflect the successful integration of new mining equipment into the fleet, positioning the operation for stronger gold production in the second half of 2026. The Company released an updated Feasibility Study and Life of Mine Plan (the "Technical Report") for Florida Canyon which highlighted a materially enhanced operation with an 8-year mine life, a 74% increase in Proven and Probable Mineral Reserve, a 17% increase in annual gold production and $0.8 billion ("B") in after-tax free cash flow2. (1)
See first quarter and second quarter results below in the table titled: Second Quarter and Year-to-Date 2026 Florida Canyon Mine Operational Update.
(2)
See news release dated June 25, 2026. This is a non-GAAP financial measure, please refer to the "Cautionary Note Regarding Non-GAAP Measures" disclosure at the end of this news release for a description of this measure.
George Salamis, President, CEO and Director of Integra commented:
"Florida Canyon continued to build operational momentum during the second quarter, with gold production increasing 30% from the first quarter and both total material moved and ore placed on the heap leach pads reaching record levels. Approximately 4.2 million tonnes of ore were placed on the heap leach pads during the quarter, a 45% increase over the first quarter, creating a large inventory of recoverable gold ounces that is expected to support stronger gold production through the balance of this year.
Beyond 2026, work is underway for the long-term transformation of Florida Canyon. As outlined in the June 2026 Technical Report news release, beginning in 2027 the Company expects higher annual gold production, lower operating costs, and stronger cash flow from an 8-year mine life, creating a stable operation to support the continued advancement of the DeLamar and Nevada North Projects."
Second Quarter and Year-to-Date 2026 Florida Canyon Mine Operational Update
Three months ended
March 31,
Three months ended
June 30,
Six months ended
June 30,
Unit (1)
2026
2026
2026
Ore mined
kt
3,008
4,417
7,425
Waste mined
kt
3,902
3,579
7,481
Strip ratio
waste/ore
1.30
0.81
1.01
Ore direct to heap leach pads
kt
1,074
2,332
3,406
Ore crushed
kt
1,784
1,824
3,608
Total ore to heap leach pads
kt
2,858
4,156
7,014
Processed grade
g/t Au
0.19
0.23
0.22
Gold recovery rate
%
59.9 %
57.8 %
58.5 %
Gold produced
oz
12,635
16,379
29,014
Gold sold
oz
12,518
15,794
28,312
Silver produced
oz
11,622
12,392
24,014
Silver sold
oz
11,466
12,581
24,047
(1)
Unit abbreviations: kt = 1,000 metric tonnes, g/t = grams per tonne, Au = gold, oz = troy ounce
(2)
Ore crushed includes material from stockpiles and ore mined.
Florida Canyon produced 16,379 ounces of gold in the second quarter 2026, with 29,014 ounces of gold produced year-to-date. The blending strategy developed in the first quarter of 2026 for N2 ore continues to leach as expected.
Mining activity at Florida Canyon continued to accelerate during the second quarter, with approximately 8 M tonnes mined in total at an average mining rate of approximately 87,867 tpd. Record mining rates were achieved this quarter due to the integration of new mining equipment into the fleet over the last two quarters and shorter haul distances. Subsequent to quarter-end, ore stacking on the heap leach pads has exceeded expectations in July, positioning the operation for stronger gold production over the next two quarters. As a result of these mining rates, the Company maintains annual gold production guidance in 2026 of 70,000 to 75,000 ounces, with increased gold production expected over the balance of the year.
Second Quarter 2026 Consolidated Financial Position
Consolidated Financial Position
Unit (1)
June 30, 2026
Cash and cash equivalents
$000s
$111,132
(1)
Unit abbreviations: $000s = thousands of U.S. dollars
The financial information presented above is preliminary in nature and subject to completion of the Company's quarter-end financial reporting process. Final unaudited financial results may differ from these amounts and will be reported as part of the Company's quarter-end financial statements. Complete financial results for the second quarter 2026 will be reported and filed on Integra's profile on SEDAR+ at www.sedarplus.ca and EDGAR profile at www.sec.gov on Tuesday, August 11, 2026.
Second Quarter 2026 Conference Call
Integra will host a conference call and webcast on Wednesday, August 12, 2026, at 10:00 AM Eastern Time / 7:00 AM Pacific Time, to discuss the second quarter 2026 results. Details for the conference call and webcast are included below.
Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho and the Nevada North Project located in western Nevada. Integra creates sustainable value for shareholders, stakeholders, and local communities through successful mining operations, efficient project development, disciplined capital allocation, and strategic M&A, while upholding the highest industry standards for environmental, social, and governance practices.
ON BEHALF OF THE BOARD OF DIRECTORS
George Salamis
President, CEO and Director
CONTACT INFORMATION
Corporate Inquiries: [email protected]
Company website: www.integraresources.com
Office phone: 1 (604) 416-0576
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by James Frost, P.Eng., Director, Technical Services of Integra, who is a "Qualified Person" as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").
Forward Looking Statements
Certain information set forth in this news release contains "forward‐looking statements" and "forward‐looking information" within the meaning of applicable Canadian securities legislation and in applicable United States securities law (referred to herein as forward‐looking statements). Forward-looking statements are often identified by the use of words such as "may", "will", "could", "would", "anticipate", "believe", "expect", "intend", "potential", "estimate", "budget", "scheduled", "plans", "planned", "forecasts", "goals" and similar expressions. Except for statements of historical fact, certain information contained herein constitutes forward‐looking statements which includes, but is not limited to, statements with respect to: the future financial or operating performance of the Company and its mineral properties; the expected increase in gold production in the second half of 2026; the Company's 2026 guidance; the development, operational and economic results of the Technical Report for Florida Canyon, including cash flows, revenue potential, development, expenditures, and timing thereof, extraction rates, life-of-mine projections and cost estimates; the realization of the expected economics of Florida Canyon; future development plans; and the date and timing of the conference call and webcast to the second quarter 2026 results. Forward-looking statements are based on a number of factors and assumptions made by management and considered reasonable at the time such statement was made. Assumptions and factors include: the Company's ability to complete its planned exploration and development programs; the absence of adverse conditions at the Company's mineral properties; no unforeseen operational delays; no material delays in obtaining necessary permits; results of independent engineer technical reviews; the possibility of cost overruns and unanticipated costs and expenses; the price of gold remaining at levels that continue to render the Company's mineral properties economic; the Company's ability to continue raising necessary capital to finance operations; and the ability to realize on the mineral resource and reserve estimates. Forward‐looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward‐looking statements. These risks and uncertainties include, but are not limited to: general business, economic and competitive uncertainties; the actual results of current and future exploration activities; conclusions of economic evaluations; meeting various expected cost estimates; benefits of certain technology usage; changes in project parameters and/or economic assessments as plans continue to be refined; future prices of metals; possible variations of mineral grade or recovery rates; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; risks related to local communities; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); title to properties; and other factors beyond the Company's control and as well as those factors included herein and elsewhere in the Company's public disclosure. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Readers are advised to study and consider risk factors disclosed in Integra's Annual Information Form dated March 24, 2026 for the fiscal year ended December 31, 2025, which is available on the SEDAR+ issuer profile for the Company at www.sedarplus.ca and available as Exhibit 99.1 to Integra's Form 40-F, which is available on the EDGAR profile for the Company at www.sec.gov.
Investors are cautioned not to put undue reliance on forward-looking statements. The forward-looking statements contained herein are made as of the date of this news release and, accordingly, are subject to change after such date. The Company disclaims any intent or obligation to update publicly or otherwise revise any forward-looking statements or the foregoing list of assumptions or factors, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. Investors are urged to read the Company's filings with Canadian securities regulatory agencies, which can be viewed online under the Company's profile on SEDAR+ at www.sedarplus.ca.
Alternative performance measures in this news release such as "free cash flow" are furnished to provide additional information. These non-GAAP performance measures are included in this news release because these statistics are used as key performance measures that management uses to monitor and assess performance of Florida Canyon, and to plan and assess the overall effectiveness and efficiency of mining operations. These performance measures do not have a standardized meaning within International Financial Reporting Standards ("IFRS") and, therefore, amounts presented may not be comparable to similar data presented by other mining companies. These performance measures should not be considered in isolation as a substitute for measures of performance in accordance with IFRS.
Free Cash Flow
Free cash flows are revenues net of operating costs, royalties, capital expenditures and cash taxes. The Company believes that this measure is useful to the external users in assessing the Company's ability to generate cash flows from the Project.
Cautionary Note for U.S. Investors Concerning Mineral Resources and Reserves
NI 43-101 is a rule of the Canadian Securities Administrators which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Technical disclosure contained in this news release has been prepared in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum Classification System. These standards differ from the requirements of the U.S. Securities and Exchange Commission ("SEC") and resource and reserve information contained in this news release may not be comparable to similar information disclosed by domestic United States companies subject to the SEC's reporting and disclosure requirements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TORONTO, July 23, 2026 /PRNewswire/ -- Mayfair Gold Corp. ("Mayfair", "Mayfair Gold", or the "Company") (TSXV: MFG) (NYSE American: MINE) is pleased to provide a progress update on activities completed during Q2 2026 and ongoing key work streams to advance and de-risk the Company's 100% controlled Fenn-Gib Gold Project ("Fenn-Gib" or the "Project") in Northern Ontario. Key Highlights: Engineering & Design: Advancing front-end engineering design with Ausenco leading plant engineering, and site layout work for the planned 4,800 tonne-per-day process plant Grade Control Drilling: Concluded the grade control drilling program, which confirmed Resource model confidence and identified upside in higher-grade material Environmental Work and Advancing Permitting: Progressing environmental baseline studies and preparing the Ontario-led One Project, One Process environmental approval submission Infrastructure: Advanced powerline planning and engagement with HONI and IESO, while progressing site access options; advanced condemnation drilling review and geotechnical investigations for key infrastructure and plant site locations Exploration: Advancing compilation, mapping and prospecting across the expanded regional land package Capital Markets: Initiated early engagement with potential project financing parties Planned Activities for Q3: Plans to complete process plant FEED and tender detailed engineering, advance the 1P1P submissions and project financing discussions, and further de-risk earthworks, tailings storage facility and water management designs Drew Anwyll, P.Eng.
Index Dow Jones +0,32 % na 52390,54 b. S&P 500 +0,12 % na 7518,33 b. Nasdaq Composite -0,09 % na 25812,72 b.
Ve středeční seanci se americké indexy ze začátku mírně korigují, protože investoři jsou opatrní před zveřejněním klíčových zpráv o hospodaření společností jako Alphabet a Texas Instruments, které by mohly poskytnout další signály o obchodu s umělou inteligencí. Trhy se také soustřeďují na americko-íránský konflikt, jelikož obě strany pokračovaly ve vzájemných úderech již jedenáctý den po sobě. Začínají tak vznikat opět obavy z narušení dodávek ropy způsobených potenciálně se rozšiřujícím konfliktem na Blízkém východě. Bohužel, diplomatické jednání nepřineslo okamžitý pokrok. Americký prezident Donald Trump v úterý nabídl na nová jednání s představiteli Iránu pesimistický pohled a uvedl, že Washington „nemá zájem se s Íránem zatím setkat“. Dolar na páru s eurem zatím opslabuje o -0,2% tj. 1,1414 USD/EUR.
V hledáčku investorů je stále ropa, která stále roste a dnes WTI přidává 2,4% a dostává se k úrovni 86,4 USD/barel. Jak ropa roste , tak se opět vynořují obavy investorů že energetický šok způsobený válkou by mohl vyvolat globální inflační výbuch a vlnu zvyšování úrokových sazeb centrálních bank. Tyto komentáře přicházejí v době, kdy média naznačují, že se mediátoři nadále snaží oživit diplomatické řešení íránského konfliktu, který nyní hrozí rozšířením do dalších částí Perského zálivu. Dnes byly také zveřejněny zásoby surové ropy a podle EIA zásoby vzrostly o 2,010 mil. barelů, když trh předpokládal pokles o 1,950 mil. barelů. Tato situace vyhovuje akciím v těžebním sektoru černého zlata a tak akcie těžebního obra Exxon Mobil ( XOM ) přidávají 1,5% a hned v závěsu jsou akcie konkurenta Baker Hughes ( BKR ), jež se posunují výš na tržní ceně více než 1%. Podobně si vedou také akcie Marathonu Petroleum ( MPC ) se ziskem více než 1% a také akcie britské skupiny BP ( BP ) se posouvají výš o více než 1,5%. Solidně si vedou také akcie APA ( APA ), které se přehouply přes 1% a také konkurenční akcie Occidentalu Petroleum ( OXY ) na tržní ceně přidávají cca 1,5%. Velmi slušně si vedou také akcie brazilského těžaře Petrobrasu ( PBR ), jež se pohybují v kladném se ziskem 2,5%. Dnes přidávají na tržní ceně také akcie francouzského výrobce a dodavatele těžní techniky Schlumbergeru ( SLB ) o více než 2% a také akcie amerického konkurenta Halliburtonu ( HAL ) 0,6% a do této skupiny patří také akcie Chevronu ( CVX ), které přidávají cca 1%.
S oslabením dolaru si dnes dobře vede žlutý kov, který přidává 1,4% a zlato se tak dostává l úrovni 4 138 USD/Troy. unci. Tato situace je tak příznivě nakloněna akciím v těžebním sektoru zlata a tak akcie největšího kanadského těžaře Barrick Mining ( B ) dnes zpevňují o 3,9% a hned v závěsu jsou akcie jeho amerického konkurenta Newmontu ( NEM ) s ještě větším ziskem cca 4,5%. Za zmínku stojí také akcie známého těžaře Eldorado Gold ( EGO ), jež se posunují výš o 6,7%.
Za pozornost investorů stojí dnes tabáková skupina Philip Morris ( PM ) vykázala zisk za druhé čtvrtletí, který překonal odhady díky robustním tržbám poháněným poptávkou po jejím nekuřáckém produktu. Náladu však utlumilo určité zklamání z jejího ročního výhledu. Tržby společnosti meziročně vzrostly o 10,4 % na 11,19 mld. USD. Organické tržby byly meziročně vyšší o 7,6 %, zatímco trh očekával růst pouze o 4,91 %. Philip Morris celkově dodal 205,2 mld. jednotek produktů, což představuje meziroční růst o 2,5 %. Zisk na akcii meziročně klesl o 7,7 % na 1,80 USD, a to vlivem nepeněžního odpisu podílu v kanadské RBH ve výši 511 mil. USD (dopad 0,33 USD na akcii). Očištěný zisk na akcii naopak vzrostl o 15,2 % na 2,20 USD (bez měnového vlivu +13,6 %) a překonal očekávání trhu ve výši 2,04 USD. I když výhled byl opatrný, tak investoři pozitivně vnímají reportovaná čísla a akcie Philip Morris ( PM ) posilují na tržní ceně o více než 1,9%.
Své výsledky za 2Q. 2026 dnes představila také telekomunikační společnost AT&T ( T ) Čistý přírůstek postpaid mobilních zákazníků překonal průměrný odhad analytiků. Nad očekávání byl rovněž reportován očištěný zisk na akcii a očištěný zisk EBITDA. Akcie AT &T ( T ) se tak dnes těší z přízně investorů a posilují o cca 3,2%.
Index S&P 500 +0,12 % na 7518,33 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Utility +1,6 % Zbytná spotřeba -0,6 % Základní materiály +1,3 % Reality -0,2 % Energie +0,9 % Komunikační služby -0,1 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Super Micro Computer (SMCI) +24 % TE Connectivity (TEL) -7,7 % Westinghouse Air Brake Technologies Corp (WAB) +11 % GE Vernova (GEV) -6,9 % Dell Technologies (DELL) +9,6 % ServiceNow (NOW) -4,9 % EQT Corp (EQT) +6,9 % PTC (PTC) -4,7 % CME Group (CME) +6,0 % DoorDash (DASH) -4,7 %
Luboš Bedrník
Fio banka, a.s.
Prohlášení
, /PRNewswire/ -- GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) (the "Company" or "GoldMining") is pleased to announce that it has filed a technical report (the "Technical Report") which includes the previously announced preliminary economic assessment (the "PEA"), in respect of its São Jorge Project (the "Project"), located in Pará State, Brazil.
The Technical Report, titled "NI 43-101 Technical Report and Preliminary Economic Assessment for the São Jorge Gold Project, Pará State, Brazil" with an effective date of June 9, 2026, is available under the Company's respective profiles at www.sedarplus.ca and www.sec.gov. All currency amounts herein are in US dollars unless otherwise indicated.
The PEA is preliminary in nature, and there is no certainty that the reported results will be realized. The PEA includes inferred mineral resources, which are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that this PEA, including the conceptual economics set out therein, will be realized.
São Jorge PEA Highlights
Strong Economics & Upside Leverage: Modelled an after-tax net present value at a 5% discount rate ("NPV5%") of $532 million and an after-tax internal rate of return ("IRR") of 42.4% utilizing base case gold price of $3,500 per ounce ("oz"). At a gold price of $4,400/oz, the modelled after-tax NPV5% increases to $836.8 million, yielding an IRR of 58.6% and an initial payback of just 2.4 years. High Capital Efficiency & Infrastructure Advantage: Initial capital is estimated at a highly manageable $202 million (including a 25% contingency), representing an attractive 2.6x base case NPV5% to initial capital ratio. This relatively low capital hurdle is directly supported by the Project's ideal location, situated adjacent to existing power lines, paved highways, and an available skilled workforce. Steady Production & Cash Flow: The PEA envisages a robust internal free cash flow, supported by a stable gold production profile averaging an estimated 51,250 oz annually over a 10.6-year life of mine ("LOM"), with peak gold production of 57,200 oz per year in years 2 through 4. Conventional, Resilient Operation: The PEA contemplates a conventional open-pit truck-and-shovel operation and a processing rate of 5,500 tonnes per day. A proven processing flowsheet utilizing standard gravity and leach circuits achieves high metallurgical recoveries of 90% Au, supporting resilient margins and an estimated LOM All-In Sustaining Cost ("AISC") of $1,464/oz. Advancing Pre-Feasibility Studies: The Company is working to commence pre-feasibility studies as the Project is further de-risked and moves forward with permitting towards a construction decision. Alastair Still, CEO of GoldMining commented, "Filing the São Jorge Technical Report marks the next step in the advancement of our portfolio. We are excited by the Project's compelling proposition, which pairs a manageable initial capital requirement with steady gold production and a robust base case NPV set out in the PEA. In addition to offering significant exploration potential, the study highlights the asset's potential resilient margins and rapid payback profile. In parallel to advancing and de-risking the property as we commence prefeasibility studies, we remain focused on drilling nearby exploration targets within our prospective regional-scale property as we continue to unlock value across our broader multi-million ounce Americas portfolio"
For further information regarding the Project, including the PEA, please refer to the Technical Report.
Qualified Persons
Imola Götz, M.Sc. P.Eng., F.E.C., Vice President, Project Development of the Company and a Qualified Person, as such term is defined in NI 43-101, has supervised the preparation of this news release and has reviewed and approved the scientific and technical information contained herein.
About GoldMining Inc.
GoldMining Inc. is a public mineral exploration company focused on acquiring and developing gold assets in the Americas. Through its disciplined acquisition strategy, GoldMining now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the U.S.A., Brazil, Colombia, and Peru.
Notice to Readers
Disclosure regarding the Project, including the PEA, included herein, has been prepared by the Company in accordance with Canadian National Instrument 43-101 ("NI 43-101"). NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for public disclosure by issuer of scientific and technical information concerning mineral projects. NI 43-101 differs significantly from the disclosure requirements of the United States Securities and Exchange Commission ("SEC") generally applicable to U.S. companies subject to the SEC's disclosure requirements. Accordingly, information contained herein or in the Company's descriptions of its projects may not be comparable to similar information made public by U.S. companies reporting pursuant to SEC disclosure requirements.
Forward-Looking Statements
Certain of the information contained in this news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws ("forward-looking statements"), which involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Forward-looking statements, which are all statements other than statements of historical fact, include, but are not limited to the results of the PEA, the Company's plans and expectations regarding future opportunities and proposed work and future studies at the Project and the Company's other plans and expectations regarding the Project. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which GoldMining operates. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including: the inherent risks involved in the exploration and development of mineral properties, fluctuating metal prices, unanticipated costs and expenses, risks related to government and environmental regulation, social, permitting and licensing matters, and uncertainties relating to the availability and costs of financing needed in the future. These risks, as well as others, including those set forth in GoldMiningꞌs Annual Information Form for the year ended November 30, 2025, and other filings with Canadian securities regulators and the SEC, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that forward-looking statements, or the material factors or assumptions used to develop such forward-looking statements, will prove to be accurate. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities law.
D.A. Davidson & CO. lifted its position in Gold.com Inc. (NYSE:GOLD – Free Report) by 109.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,595 shares of the company’s stock after purchasing an additional 20,139 shares during the quarter. D.A. Davidson & CO. owned 0.15% of Gold.com worth $1,547,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CWM LLC bought a new stake in Gold.com in the 4th quarter valued at $35,000. Larson Financial Group LLC acquired a new position in shares of Gold.com in the 4th quarter valued at $41,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Gold.com during the 4th quarter worth about $42,000. State of Alaska Department of Revenue bought a new position in shares of Gold.com during the 4th quarter worth about $44,000. Finally, New York State Teachers Retirement System acquired a new stake in shares of Gold.com during the 4th quarter valued at about $55,000. 62.85% of the stock is owned by institutional investors.
Gold.com Stock Performance GOLD opened at $39.88 on Wednesday. The stock has a 50-day moving average price of $41.36. The company has a current ratio of 1.18, a quick ratio of 0.29 and a debt-to-equity ratio of 0.11. Gold.com Inc. has a twelve month low of $20.55 and a twelve month high of $66.70. The company has a market cap of $1.16 billion, a price-to-earnings ratio of 13.66 and a beta of 0.55.
Gold.com (NYSE:GOLD – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $3.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $1.62. The firm had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $4.81 billion. Gold.com had a net margin of 0.35% and a return on equity of 17.82%. As a group, sell-side analysts anticipate that Gold.com Inc. will post 5.31 EPS for the current fiscal year.
Gold.com Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Wednesday, May 20th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $0.80 annualized dividend and a dividend yield of 2.0%. Gold.com’s dividend payout ratio (DPR) is presently 27.40%.
Gold.com announced that its Board of Directors has approved a stock repurchase program on Wednesday, April 8th that allows the company to buyback 2,000,000,000,000 outstanding shares. This buyback authorization allows the company to buy up to 7.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.
Analyst Ratings Changes A number of analysts recently weighed in on the stock. Weiss Ratings raised shares of Gold.com from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 20th. Canaccord Genuity Group started coverage on shares of Gold.com in a research note on Tuesday, June 9th. They set a “buy” rating and a $70.00 price target for the company. Roth Capital set a $52.00 price objective on Gold.com in a report on Thursday, May 7th. Zacks Research lowered Gold.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 1st. Finally, DA Davidson reissued a “buy” rating and issued a $60.00 target price on shares of Gold.com in a report on Tuesday, April 28th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Gold.com presently has an average rating of “Moderate Buy” and an average price target of $59.75.
View Our Latest Analysis on GOLD
Insider Activity at Gold.com In other Gold.com news, major shareholder Tether Global Investments Fund purchased 58,536 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were acquired at an average cost of $43.11 per share, for a total transaction of $2,523,486.96. Following the transaction, the insider directly owned 200,000 shares in the company, valued at approximately $8,622,000. The trade was a 41.38% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, CEO Gregory N. Roberts sold 40,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $41.58, for a total value of $1,663,200.00. Following the sale, the chief executive officer directly owned 28,202 shares of the company’s stock, valued at $1,172,639.16. This represents a 58.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have bought 730,338 shares of company stock valued at $31,842,096. Company insiders own 23.10% of the company’s stock.
Gold.com Profile (Free Report)
A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates in three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins. This segment also offers various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products.
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Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Let's take a look at what these Wall Street heavyweights have to say about Gold.com (GOLD - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
Gold.com currently has an average brokerage recommendation (ABR) of 1.33, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by six brokerage firms. An ABR of 1.33 approximates between Strong Buy and Buy.
Of the six recommendations that derive the current ABR, five are Strong Buy, representing 83.3% of all recommendations.
Brokerage Recommendation Trends for GOLD
Check price target & stock forecast for Gold.com here>>>
While the ABR calls for buying Gold.com, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.
Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.
In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.
With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.
ABR Should Not Be Confused With Zacks RankAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.
The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.
Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.
Is GOLD a Good Investment?Looking at the earnings estimate revisions for Gold.com, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $5.31.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Gold.com. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Goldcom.
In the latest close session, Gold.com (GOLD - Free Report) was up +1.25% at $39.56. This change outpaced the S&P 500's 0.38% gain on the day. Elsewhere, the Dow saw an upswing of 0.29%, while the tech-heavy Nasdaq appreciated by 0.62%.
Coming into today, shares of the precious metals trading company had lost 10.66% in the past month. In that same time, the Finance sector gained 3.3%, while the S&P 500 gained 1.61%.
Market participants will be closely following the financial results of Gold.com in its upcoming release. The company's upcoming EPS is projected at $0.96, signifying a 26.32% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $7.76 billion, up 209.04% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.31 per share and revenue of $28.27 billion, indicating changes of +144.7% and +157.52%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Goldcom. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Gold.com is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Gold.com currently has a Forward P/E ratio of 10.76. This valuation marks a discount compared to its industry average Forward P/E of 11.03.
The Financial - Miscellaneous Services industry is part of the Finance sector. With its current Zacks Industry Rank of 162, this industry ranks in the bottom 35% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
, /PRNewswire/ - Falcon Gold Corp. (TSXV: FG) (FSE: 3FA) (OTC Pink: FGLDF) ("Falcon" or the "Company") is pleased to announce that it has commenced the drill tender process for its fully permitted Central Canada Gold Project located near Atikokan, Ontario.
"Central Canada continues to emerge as one of the most exciting exploration opportunities in Falcon's portfolio," said Karim Rayani, Chief Executive Officer of Falcon Gold Corp. "With a fully permitted drill program, encouraging results from our previous drilling campaigns and more than a century of historic exploration to build upon, we believe we are well positioned to advance this project toward its next significant discovery."
The Company recently received approval for a diamond drilling program consisting of up to 20 drill holes totaling approximately 2,500 metres. Falcon has invited a number of experienced Canadian diamond drilling contractors to submit tenders for the upcoming exploration program, with contractor selection expected to be completed in the coming weeks.
The planned drill program is designed to follow up on Falcon's previously identified high-grade gold mineralization while testing additional priority targets generated through the integration of historical exploration, diamond drilling, geological mapping, geophysics and structural interpretation.
Exploration and development at the Central Canada Gold Project dates back to the early 1900s, when the property was the site of shaft sinking, underground development and limited historic gold production. During the 1930s, Central Canada Mines Ltd. further advanced the property through underground development and exploration, establishing the project as one of the historic gold occurrences within the Atikokan Gold Camp.
To date, Falcon has successfully completed two phases of diamond drilling at the Central Canada Gold Project. These programs confirmed the presence of high-grade, structurally controlled gold mineralization, including highlights of 10.17 g/t Au over 3.0 metres, including 18.6 g/t Au over 1.0 metre with visible gold, and 2.8 g/t Au over 7.5 metres. These results have significantly enhanced the Company's geological understanding of the project and refined several priority drill targets.
The upcoming drill program will focus on expanding and testing the historic Central Canada Mine Trend (J.J. Walshe Mine Trend) together with several additional prospective gold-bearing structures identified across the property, including the Sugar Shear, Monte Zone, No. 2 Vein, Honey Zone and Hoist Zone. Collectively, these targets represent a broad, district-scale mineralized system that remains only partially evaluated by modern exploration despite more than a century of intermittent exploration.
In addition to advancing the Central Canada Gold Project, Falcon continues to strengthen its strategic position within the Atikokan-Hammond Reef Gold District through the recent acquisition of the West Hammond Contact Property, providing shareholders with exposure to a growing portfolio of highly prospective gold projects in one of Ontario's premier exploration districts.
Following completion of the tender process, the Company expects to award a drilling contract and announce the commencement of the program. Mobilization will be subject to financing, contractor availability and customary operational scheduling.
The Company will continue to provide updates as exploration activities progress.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Mike Kilbourne, P.Geo., a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Kilbourne is an independent consulting geologist and is at arms length to the Company.
ON BEHALF OF THE BOARD OF DIRECTORS
Karim Rayani
Chief Executive Officer
Falcon Gold Corp.
[email protected]
+1 604 716 0551
About Falcon Gold Corp.
Falcon Gold Corp. is a Canadian mineral exploration company focused on the acquisition, exploration, and advancement of precious and battery metals opportunities across the Americas, with a portfolio spanning established mining camps and emerging exploration districts. Its flagship asset, the Central Canada Gold Project, is located approximately 20 kilometres southeast of Agnico Eagle's Hammond Reef Gold Deposit in northwestern Ontario. The project lies within the highly prospective Quetico Fault Zone, a major regional structural corridor interpreted as a key control on gold mineralization in the district. The Hammond Reef deposit is associated with a northeast-trending structural system linked to this broader regional framework, highlighting the significance of the geological setting. The Central Canada property has a documented exploration and development history spanning more than a century. Early work between 1901 and 1907 included shallow shaft development and small-scale production from high-grade material processed through stamp milling. Between 1930 and 1935, Central Canada Mines Ltd. further advanced the project with deeper underground development, crosscutting, and the installation of a small-scale gold mill. Subsequent exploration programs have included diamond drilling campaigns that returned multiple high-grade gold intercepts, supporting the presence of significant mineralization within the system. Beyond its flagship project, Falcon Gold maintains a diversified portfolio of Canadian exploration assets. This includes a 49% interest in the Burton Gold Property in partnership with IAMGOLD near Sudbury, Ontario, exploration-stage gold targets in British Columbia through the Spitfire and Sunny Boy claims, and the Great Burnt Copper-Gold Project in central Newfoundland.
Cautionary Language and Forward-Looking Statements
This news release may contain "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable securities laws, including but not limited to statements relating to the timing and content of future work programs, including planned drilling programs, geological interpretations, receipt of property titles, and other corporate and technical matters. Forward-looking statements are based on assumptions, expectations, estimates, and projections as of the date of this news release and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied herein. In some cases, forward-looking statements can be identified by terminology such as "may," "should," "intend," "expect," "plan," "anticipate," "believe," "estimate," "project," "potential," or "continue," or the negative of these terms, or other comparable terminology. Forward-looking statements in this news release may include, but are not limited to, statements regarding planned drilling activities on the Central Canada Gold Project, which is currently permitted for up to 20 drill holes, and the interpretation and potential extension of mineralization along structural trends within the project area. There can be no assurance that the Company's exploration programs will proceed as currently contemplated or that they will achieve their intended objectives. Forward-looking statements are inherently subject to significant business, economic, competitive, and geological uncertainties and contingencies. Actual results may differ materially from those currently anticipated. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that plans, assumptions, or expectations will prove to be accurate.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
INITIAL DRILL PROGRAM DESIGNED TO EXPAND HISTORICAL SILVER RESOURCE, EVALUATE GOLD POTENTIAL AND TEST PRIORITY GOLD-ANTIMONY TARGETS
, /PRNewswire/ - A2Gold Corp. ("A2Gold" or the "Company") (TSXV: AUAU) (OTCQX: AUXXF) (FRA: RR7) is pleased to announce that drilling has commenced at its Taylor Silver-Gold Project ("Taylor" or the "Project") located in White Pine County, Nevada.
MAP 1 (above): Taylor District Claim Map and Mineralization Zones (CNW Group/A2 Gold Corp)
MAP 2 (above): Planned Drill Hole Targets at Taylor (CNW Group/A2 Gold Corp) The commencement of drilling at Taylor represents an important milestone for A2Gold following the Company's recently completed acquisition of the Project and the consolidation of key internal claims within the district. Taylor is now held as a unified district-scale land package under a single operator (see Map 1), providing A2Gold with enhanced flexibility to systematically explore and advance the Project.
The initial Taylor drill program consisting of 16-18 Reverse Circulation ("RC") holes for a total of 5,000 metres (see Map 2) is designed to advance three principal objectives:
Expand the Existing Historical Silver Resource
Drilling will focus on areas within and adjacent to the existing historical silver resource footprint, with the objective of confirming and expanding known silver mineralization along strike and at depth. The Company intends to use results from this program to support the preparation of an updated NI 43-101 mineral resource estimate. Evaluate Near-Surface Gold Mineralization
Taylor hosts significant oxide gold exploration potential across a large district-scale corridor. Prior exploration has identified a 3 km by 10 km anomalous gold corridor, with surface sampling and historical drilling indicating potential for near-surface oxide gold mineralization. Gold was not included in the historical 2018 silver resource estimate, and A2Gold believes there is an important opportunity to evaluate the potential contribution of gold mineralization to the broader Taylor system. Test Priority Gold-Antimony and CRD Targets
The program will also begin testing priority gold-antimony targets identified through historical work, surface sampling, geological mapping and modern geophysical surveys. These targets are considered important to evaluating Taylor's potential as a precious metals project with meaningful critical mineral upside. The broader district also includes carbonate replacement deposit ("CRD"), skarn and porphyry exploration concepts that remain largely untested by modern drilling. Peter Gianulis, CEO of A2Gold, commented: "The start of drilling at Taylor is an important moment for A2Gold. In a short period of time, we have acquired the Taylor Project, consolidated the district under one operator, and now moved directly into drilling. Taylor gives us a second district-scale Nevada project with an existing historical silver resource, meaningful gold potential, and an emerging antimony opportunity at a time when critical minerals are becoming increasingly important in the United States. We believe Taylor has the potential to become an important Nevada silver-gold project with multiple avenues for discovery and resource growth."
Qualified Person
John Marma, CPG, a Certified Professional Geologist with the American Institute of Professional Geologists and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information contained in this news release.
About A2Gold Corp
A2Gold Corp. has built a multi-asset gold-silver exploration platform in Nevada, one of the world's premier mining jurisdictions. The Company controls approximately 230 km² of prospective mineral tenure across its Eastside and Taylor projects, both district-scale assets with large precious metals resources with significant exploration and resource growth potential.
Eastside hosts an inferred mineral resource of 1.4 million ounces of gold and 8.8 million ounces of silver*, while Taylor adds a highly prospective exploration district with gold, silver, antimony and porphyry-skarn upside. Backed by a fully funded exploration program and a strong pipeline of catalysts, A2Gold is focused on unlocking value through resource expansion, new discoveries and systematic district-scale exploration.
A2Gold is also supported by a strong shareholder base, including Kinross Gold Corporation, which owns approximately 9.9% of the Company's issued and outstanding shares.
* Updated Resource Estimate and NI 43-101 Technical Report, Eastside and Castle Gold-Silver Project Technical Report, Esmeralda County, Nevada," prepared by Mine Development Associates of Reno, Nevada, with an effective date of July 30, 2021. Pit-constrained Inferred Resources, using a cut-off grade of 0.15 g/t Au, total 61,730,000 tonnes grading 0.55 g/t Au and 4.4 g/t Ag at the Original Pit Zone, representing 1,090,000 ounces of gold and 8,700,000 ounces of silver, and 19,986,000 tonnes grading 0.49 g/t Au at the Castle Area, representing 314,000 ounces of gold, using a gold price of US$1,725/ounce. Mineral resources are not mineral reserves and do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves.
On Behalf of the Board
Peter Gianulis, CEO
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Certain statements and information contained in this press release constitute "forward-looking statements" within the meaning of applicable U.S. securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, which are referred to collectively as "forward-looking statements." The United States Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements.
Forward-looking statements in this news release include, but are not limited to, statements regarding A2Gold's exploration plans for the Taylor Project, the scope, timing and objectives of the drill program at Taylor, the potential expansion of the historical silver resource, the preparation of an updated NI 43-101 mineral resource estimate, the evaluation of gold mineralization, the testing of gold-antimony, CRD, skarn and porphyry targets, the potential contribution of gold and antimony mineralization to the broader Taylor system, the potential for Taylor to emerge as an important Nevada silver-gold project with critical mineral upside, and A2Gold's future exploration and development plans.
Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as "seek," "expect," "anticipate," "budget," "plan," "estimate," "continue," "forecast," "intend," "believe," "predict," "potential," "target," "may," "could," "would," "might," "will" and similar words or phrases, including negative variations, suggesting future outcomes or statements regarding an outlook.
Such forward-looking statements are based on a number of material factors and assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking information. You are cautioned not to place undue reliance on forward-looking statements contained in this press release.
Some of the known risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements are described in the sections entitled "Risk Factors" in A2Gold's Listing Application, dated January 24, 2018, as filed with the TSX Venture Exchange and available on SEDAR+ under A2Gold's profile. Actual results and future events could differ materially from those anticipated in such statements. A2Gold undertakes no obligation to update or revise any forward-looking statements included in this press release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
, /PRNewswire/ - Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or the "Company") provided an update today on the initial drill results from its 2026 surface in-fill diamond drilling program on the Las Brisas Target at its Zancudo Project in Colombia. The results announced today have been received from the final assays for the first four drill holes totaling approximately 660 meters carried out from the first purpose-built surface drill platform.
Highlights
Attachment 1 – Map showing the location of the drill holes for the Las Brisas 2026 drilling campaign (CNW Group/Denarius Metals Corp.)
Attachment 2 – 3-D Structural sketch of the Las Brisas Target (CNW Group/Denarius Metals Corp.)
Attachment 3 – Long-section showing the ore-shoots on the Manto Antiguo structure (CNW Group/Denarius Metals Corp.)
Attachment 4 – Long-section showing the ore-shoots on the Santa Catalina structure (CNW Group/Denarius Metals Corp.) Multiple high gold and silver grade intercepts were intersected in the first in-fill drill holes completed on the Las Brisas Target, providing further confirmation of the high-grade nature of the mineralization previously modelled on the Manto Antiguo and Santa Catalina structures.
7.43 g/t Au and 15 g/t Ag over 1.20 m from 93.8-95.0 m, hole ZM-195, Santa Catalina, including 28.70 g/t Au and 38 g/t Ag over 0.30 m from 94.3-94.6 m.
8.36 g/t Au and 1,670 g/t Ag over 1.0 m from 160.3-161.3 m, hole ZM-197, Manto Antiguo, including 27.83 g/t Au and 5,564 g/t Ag over 0.30 m from 160.60-160.90 m. Serafino Iacono, Executive Chairman of Denarius Metals, commented, "This early progress at the Las Brisas Target reinforces our confidence in the continuity and quality of the known ore deposits at Zancudo. The 2026 in-fill drilling program has been designed taking into account the successful results achieved in our 2024 in-fill drilling campaign and underscores the potential and prospectivity of delineating new zones and expanding existing ones near planned mining infrastructures. We look forward to providing further updates through the course of this year's drilling campaign".
Las Brisas Target – Details of the Drilling Results
The Las Brisas Target represents an unexploited block within the Manto Antiguo structure preserved by past mining. The in-fill drilling program for the Las Brisas Target has been designed at 50x50 meters drill centers from eight platforms (IF-5 to IF-12) aimed at better delineating and confirming the consistency of mineralization on the two ore-shoots outlined by previous drilling on the Manto Antiguo and Santa Catalina structures, of which the Manto Antiguo ore shoot is controlled by the intersection of the Manto Antiguo and Santa Catalina structures and which usually shows wider and higher-grade intercepts. The drilling program on the Las Brisas Target commenced in late April 2026 with one drill rig operating from purpose-built surface drill platforms and comprises a total of approximately 6,000 meters of drilling to be carried out in 29 diamond drill holes. The results announced herein have been received from the final assays for the first four drill holes totaling approximately 660 meters carried out from the first purpose-built surface drill platform (IF-7). The initial drilling was successful in confirming the high-grade gold and silver mineralization in the ore-shoots outlined by previous drilling on the Manto Antiguo structure. All the drill holes completed to date on Manto Antiguo, totaling approximately 560 meters, have intercepted the structure at the estimated depth with maximum intersection grades of 27.83 g/t Au and 5,564 g/t Ag over 0.30 m from 160.60-160.90 m (ZM-197). Initial drilling was also successful in confirming the high-grade gold and silver mineralization in the ore-shoot outlined by previous drilling on the Santa Catalina structure. All the drill holes completed to date on Santa Catalina, totaling approximately 660 meters, have intercepted the structure at the estimated depth with maximum intersection grades of 28.70 g/t Au and 38 g/t Ag over 0.30 m from 94.30-94.60 m (ZM-195). The following table lists the key sub-intervals from the ongoing Las Brisas in-fill drilling program with grades greater than 4 g/t AuEq cut-off ("Cut-off") associated with main intervals that, in some cases, might not meet the Cut-off:
Year
Target
Hole ID
Structure
From (m)
To (m)
Length (m)
Au (g/t)
Ag (g/t)
AuEq (g/t)
2026
Las Brisas
ZM-195
Santa Catalina
93.8
95.0
1.2
7.43
15
7.58
Including
94.3
94.6
0.3
28.70
38
29.18
Manto Antiguo
148.3
149.1
0.8
3.57
98
4.80
Including
148.7
149.1
0.5
5.33
98
6.56
ZM-197
Manto Antiguo
160.3
161.3
1.0
8.36
1,670
29.24
Including
160.6
160.9
0.3
27.83
5,564
97.38
Unknown
167.4
168.2
0.8
2.93
10
3.10
Including
167.9
168.2
0.3
7.81
26
8.10
ZM-199
Santa Catalina
136.0
137.0
1.0
3.08
9
3.20
Including
136.6
137.0
0.4
6.32
24
6.32
Manto Antiguo
161.1
162.1
1.0
1.86
2
1.86
Including
161.4
161.8
0.4
4.61
5
4.61
Notes:
(1)
The intervals are core lengths. The true widths are estimated to be 80% to 90% of the lengths.
(2)
Equivalent gold grades (AuEq g/t) were calculated using prices of US$3,200/oz gold and US$40.00/oz silver. Gold equivalent formula: AuEq = Au + (Ag / (Au Price/Ag Price)).
(3)
"Unknown": new structure that doesn't correlate with any of the known structures/veins.
(4)
Drillhole MT-196 did not have any results above Cut-off for inclusion in the table.
(5)
Drillhole MT-198 was aborted at shallow surface due to excessive deviation.
Please refer also to the attached illustrative images 1 to 4 showing the location of the drill holes reported herein from the 2026 drilling campaign along with a sketch of the main structures for the Las Brisas Target and long sections showing intercept locations for the Manto Antiguo and Santa Catalina veins.
Manto Antiguo and Santa Catalina Structures
The Manto Antiguo structure, which was the main structure mined historically, is interpreted as a WNW-ESE trending brecciated manto structure that merges into the footwall of the Santa Catalina structure. The northerly-trending Santa Catalina structure, which dips steeply to the east near surface and gently at depth, is interpreted as a mineralized master fault structure and feeder of the mineralization for the entire vein system. The Manto Antiguo structure, which is usually narrow, shows a typical breccia texture with incipient quartz-sulphide banding and milled wall rock clasts. The mineralization consists of pyrite, arsenopyrite, sphalerite and galena. Fragments of argillic-altered schist are observed, which host pyrite veinlets.
2026 Drilling Program
The 2026 drill program comprises a planned total of 15,000 meters on several target areas within the Zancudo Project, including Las Brisas, El Castano, Independencia Mine and brownfield. The 2026 drill program has been designed to deliver important data for further resource modelling, mine planning and optimization of production stope design to guide our mine development programs as Denarius Metals ramps up mining activities at Zancudo in 2026 and 2027 to feed the Project's new 1,000 tonnes per day flotation processing plant that is currently under construction and expected to be operating later this year.
Qualified Person
The resource evaluation work was completed by Mr. Scott E. Wilson, CPG, President of Resource Development Associates ("RDA"). Mr. Wilson is an independent consulting geologist specializing in Mineral Reserve and Resource calculation reporting, mining project analysis and due diligence evaluations. Mr. Wilson conducted a personal inspection of the Zancudo Project on June 2-3, 2026. Mr. Wilson has over 36 years of experience in the mining industry and is a Registered Member (#4025107RM) of Society for Mining, Metallurgy and Exploration, Inc. Mr. Wilson and RDA are independent of the Company under NI 43-101.
Mr. Wilson has reviewed, verified and approved the technical information summarized in this news release, including the sampling, preparation, security and analytical procedures underlying such information, and is not aware of any significant risks and uncertainties that could be expected to affect the reliability or confidence in the information discussed herein.
Quality Assurance and Quality Control
All the core samples were prepared and assayed for Au by Actlabs Laboratories Ltd (ISO 9001:2015) at their laboratory in Zona Franca Rionegro, Antioquia, Colombia, by 50 g fire assay with atomic absorption spectrophotometer ("AAS") finish. Subsequently, the pulps were shipped to their laboratory in Ancaster, Ontario, Canada (ISO/IEC 17025) for multi-element analysis by Agua Regia-ICP-OES. Samples above the upper detection limit of 5.0 g/t gold were re-assayed by 30 g fire assay with gravimetric finish, while silver and base metals were analyzed in a multi element analysis by partial digestion and ICP-OES finish. Blank, standard and duplicate samples were routinely inserted and monitored for quality assurance and quality control.
About Denarius Metals
Denarius Metals is a Canadian junior company engaged in the acquisition, exploration, development and eventual operation of precious metals and polymetallic mining projects in high-grade districts in Colombia and Spain. Denarius Metals is listed on Cboe Canada where it trades under the symbol "DMET". The Company also trades on the OTCQX Market in the United States under the symbol "DNRSF".
In Colombia, Denarius Metals is producing gold and silver in an "early production" phase at its 100%-owned Zancudo Project while it completes construction of a 1,000 tonnes per day processing plant that is expected to start producing high-grade gold-silver concentrates by the third quarter of 2026. The Zancudo Project is a high-grade gold-silver deposit, which includes the historic producing Independencia mine, and is located in the Cauca Belt, about 30 km southwest of Medellin.
In Spain, Denarius Metals has interests in three projects focused on in-demand critical minerals. The Company owns a 21.8% interest in Rio Narcea Recursos, S.L. and is the operator of its Aguablanca Project, which has been recognized by the EU as a Strategic Project. The Aguablanca Project comprises a turnkey 5,000 tonnes per day processing plant and the rights to exploit the historic producing Aguablanca nickel-copper mine, located in Monesterio, Extremadura. Denarius Metals also owns a 100% interest in the Lomero Project, a polymetallic deposit located on the Spanish side of the prolific copper rich Iberian Pyrite Belt, approximately 88 km southwest of the Aguablanca Project, and a 100% interest in the Toral Project, a high-grade zinc-lead-silver deposit located in the Leon Province, Northern Spain.
Additional information on Denarius Metals can be found on its website at www.denariusmetals.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.
Cautionary Statement on Forward-Looking Information
This news release contains "forward-looking information", which may include, but is not limited to, statements with respect to anticipated business plans or strategies, including exploration programs, expected exploration results and mineral resource estimates. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Denarius Metals to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risk Factors" in the Company's Annual Information Form dated March 31, 2026 which is available for view on SEDAR+ at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this press release and Denarius Metals disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Gold.com (GOLD - Free Report) .
Gold.com currently has an average brokerage recommendation (ABR) of 1.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by six brokerage firms. An ABR of 1.00 indicates Strong Buy.
Of the six recommendations that derive the current ABR, six are Strong Buy, representing 100% of all recommendations.
Brokerage Recommendation Trends for GOLD
Check price target & stock forecast for Gold.com here>>>
The ABR suggests buying Gold.com, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.
Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.
This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.
Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.
ABR Should Not Be Confused With Zacks RankIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.
The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.
Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.
Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.
Should You Invest in GOLD?Looking at the earnings estimate revisions for Gold.com, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $5.31.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Gold.com. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Goldcom.
MATACHEWAN, ONTARIO ELDORADO GOLD (QUÉBEC) INC. OPTION NEW HIGH-GRADE GOLD ZONE DISCOVERY MULTIPLE GOLD INTERCEPTS REPORTED ON PROPERTY Val-D'Or, Québec--(Newsfile Corp. - June 29, 2026) - Val-D'Or Mining Corporation (TSXV: VZZ) (OTCQB: VDOMF) ("the Company") is pleased to announce results from the 2025 diamond drilling program conducted over the Baden Prospect.
TSXV: ITR; NYSE American: ITRG www.integraresources.com VANCOUVER, BC, June 25, 2026 /PRNewswire/ - Integra Resources Corp. ("Integra" or the "Company") (TSXV: ITR) (NYSE American: ITRG) is pleased to announce the results of its updated Technical Report Feasibility Study and Life-of-Mine Plan (the "Technical Report") for the producing Florida Canyon Mine ("Florida Canyon" or the "Project"), located in Nevada. Less than two years after acquiring Florida Canyon for $68 million ("M")1, Integra has transformed the operation into a larger, longer-life asset with a 74% increase in Proven and Probable Mineral Reserves, a 17% increase in annual gold production and active mining extended through 2033.
VANCOUVER, BC, June 25, 2026 /PRNewswire/ - GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) (the "Company" or "GoldMining") is pleased to provide the following message from the President and CEO of GoldMining to update shareholders on the Company's recent progress in advancing and unlocking value from its portfolio of assets, while enhancing its balance sheet that includes cash and publicly traded securities. Key First-Half 2026 Highlights: Balance Sheet Strength: The Company has no debt and holds approximately US$185 million1 in cash and publicly traded securities, the balance of which almost equates to the entire market capitalization of GoldMining.
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2026) - Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (FSE: X9R) ("RUA GOLD" or the "Company") is pleased to announce appointment of Tristan Kingcott as an independent director of the Company.
Mr. Kingcott has been nominated by Siren Gold Limited as its board nominee and brings more than 15 years of experience in financial and commercial analysis across Canada and New Zealand. He is Managing Director & Portfolio Manager, Zeta Resources within ICM Limited and has extensive experience working with both private and public company boards in Canada, Bermuda, Australia, and the United Kingdom.
Mr. Kingcott holds a Bachelor of Commerce degree in Finance from the University of Alberta and is a CFA Charterholder and a member of the CFA Society in Vancouver.
Oliver Lennox-King, Chair of RUA GOLD, commented, "I am pleased to welcome Tristan to the RUA GOLD Board as an independent director. The ICM group has been a long-standing supporter of the RUA GOLD story and recognizes the significant long-term value potential of our assets and strategy. Tristan's financial expertise, governance experience, and international perspective will be valuable additions to the Board as we continue to advance our growth objectives."
The Company also announces that Brian Rodan has resigned from the Board of Directors. The Company would like to thank Mr. Rodan for all his contributions to both the Company and the Reefton Goldfield and the years of dedicated service as an independent director during his tenure.
About RUA GOLD
RUA GOLD is an exploration company, strategically focused on New Zealand. With decades of expertise, our team has successfully taken major discoveries into producing world-class mines across multiple continents. The team is now focused on maximizing the asset potential of RUA GOLD's two highly prospective high-grade gold projects.
The Company controls the Reefton Gold District as the dominant landholder in the Reefton Goldfield on New Zealand's South Island with over 120,000 hectares of tenements, in a district that historically produced over 2Moz of gold grading between 9 and 50g/t(1).
The Company's Glamorgan Project solidifies RUA GOLD's position as a leading high-grade gold explorer on New Zealand's North Island. This highly prospective project is located within the North Islands' Hauraki district, a region that has produced an impressive 15Moz of gold and 60Moz of silver(2). Glamorgan is adjacent to OceanaGold Corporation's biggest gold mining project, Wharekirauponga.
For further information, please refer to the Company's disclosure record on SEDAR+ at www.sedarplus.ca.
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and specifically include statements regarding, without limitation: the anticipated contributions of Tristan Kingcott as a director and the advancement of the Company's business. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.
Investors are cautioned that any such forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are beyond the Company's control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward looking statements. Some of these risks, uncertainties and factors include: general business, economic, competitive, political and social uncertainties; risks related to the effects of the Russia-Ukraine war and the war in the Middle East; risks related to climate change; operational risks in exploration, delays or changes in plans with respect to exploration projects or capital expenditures; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; changes in labour costs and other costs and expenses or equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, flooding or unfavorable operating conditions and losses, insurrection or war, delays in obtaining governmental approvals or financing, and commodity prices. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements and reference should also be made to the Company's short form base shelf prospectus dated July 11, 2024, and the documents incorporated by reference therein, filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors.
Forward-looking statements are based on the assumptions, beliefs, estimates and opinions of the Company's management on the date the statements are made, which include but are not limited to: to the accuracy of the Company's current mineral resource estimates; that there will be no material adverse change affecting the Company or its properties; the duration and effect of global and local inflation; geo-political uncertainties on the Company's workforce, business, operations and financial condition; the expected trends in mineral prices, inflation and currency exchange rates; that all required approvals and permits will be obtained for the Company's business and operations on acceptable terms including for underground mining at Auld Creek; that there will be no significant disruptions affecting the Company's operations and such other assumptions herein. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
________________________
Technical Report on the Reefton Project, New Zealand, with an effective date of February 27, 2026 available under the Company's SEDAR+ profile at www.sedarplus.ca.
Christie, A., Simpson, M., Barker, R., and Braithwaite, R. 2019. Exploration for epithermal Au-Ag deposits in New Zealand: history and strategy. New Zealand Journal of Geology and Geophysics, 62:1, 414-441. NI 43-101 Technical Report, Waihi District Pre-feasibility Study, New Zealand. OceanaGold Corporation, Report Date: December 11, 2024.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302798
Source: Rua Gold Inc.
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, /PRNewswire/ - Falcon Gold Corp. (TSX Venture: FG) (FSE: 3FA) (OTC Pink: FGLDF) ("Falcon" or the "Company") is pleased to announce that it has entered into an Option Agreement to acquire a 100% interest in the West Hammond Contact Property (the "Property"), consisting of 156 mining claims (140 single-cell claims and 16 boundary claims) covering 3,067.918 hectares, located within the prospective Atikokan-Hammond Reef Gold District of northwestern Ontario.
Figure 1. Location of Falcon Gold’s West Hammond Contact Property relative to the Hammond Reef Gold Deposit within the Atikokan – Hammond Reef Gold District, Northwestern Ontario, Canada. (CNW Group/Falcon Gold Corp.) "This acquisition represents another important milestone in Falcon's strategy of building a district-scale gold exploration portfolio in northwestern Ontario. Through our Central Canada Gold Project and the newly acquired 3,067.918-hectare West Hammond Contact Property, Falcon now controls a significant strategic land position across multiple structural corridors associated with the broader Atikokan-Hammond Reef Gold District. As major mining companies and governments continue investing in the region, we believe Falcon is well positioned to unlock value through systematic exploration, strategic land consolidation, and new discoveries," stated Karim Rayani, Chief Executive Officer and Director.
Covering 3,067.918 hectares, the West Hammond Contact Property significantly expands Falcon's strategic land position within one of northwestern Ontario's most prospective emerging gold districts and complements the Company's flagship Central Canada Gold Project.
Strategically located within the Atikokan-Hammond Reef Gold District, the Property covers a significant portion of the prospective Finlayson Greenstone Belt and associated regional structural corridors. According to Agnico Eagle's public disclosure, the Hammond Reef Gold Deposit hosts approximately 3.3 million ounces of probable gold reserves and an additional 2.3 million ounces of measured and indicated gold resources.
Management believes the significance of the Hammond Reef Gold Deposit highlights the prospectivity of the broader district. The West Hammond Contact Property occupies a favourable geological setting within the same regional gold-bearing environment and covers interpreted extensions of key structural corridors, including portions of the Marmion Shear Zone. While no assurance can be given that mineralization similar to Hammond Reef exists on the Property, management believes these geological characteristics support the potential for the discovery of additional gold-bearing systems within the district.
Historical exploration has identified numerous gold occurrences, geochemical anomalies and favourable lithological contacts across the Property. The Company has also identified several priority target areas for follow-up exploration, including geophysical targets recommended for future induced polarization (IP) surveys.
As outlined in Falcon's Corporate and Exploration Update, the Company has refined its strategic focus toward northwestern Ontario and district-scale gold opportunities. The acquisition of the West Hammond Contact Property is consistent with this strategy and further strengthens Falcon's position within the district.
Recent investments by major mining companies and government stakeholders throughout northwestern Ontario continue to highlight the region's long-term potential. Falcon believes these developments support its strategy of assembling a district-scale land position within the Atikokan-Hammond Reef Gold District. By strategically consolidating highly prospective ground along key regional structural corridors, the Company aims to enhance exploration opportunities while creating long-term shareholder value through disciplined exploration and new discoveries.
Planned Exploration
Upon acceptance of the Option Agreement by the TSX Venture Exchange, Falcon intends to commence prospecting, geological mapping, rock and soil sampling, and the advancement of priority targets identified through historical exploration and recent geological interpretation.
The Company believes the West Hammond Contact Property represents a compelling exploration opportunity within the Atikokan-Hammond Reef Gold District and intends to systematically evaluate the Property through an initial exploration program.
Option Agreement Terms
Under the terms of the Option Agreement, Falcon may acquire a 100% interest in the West Hammond Contact Property by making aggregate cash payments of C$135,000, issuing an aggregate of 1,000,000 common shares, and incurring C$600,000 in exploration expenditures on the Property over the four-year option period, subject to acceptance by the TSX Venture Exchange.
Timing
Cash Payment
Common Shares
Upon TSX Venture Exchange acceptance
C$10,000
250,000
First Anniversary
C$25,000
250,000
Second Anniversary
C$25,000
250,000
Third Anniversary
C$25,000
250,000
Fourth Anniversary
C$50,000 -
Total
C$135,000
1,000,000
In addition to the cash and share consideration, Falcon shall incur a minimum of C$600,000 in exploration expenditures on the Property during the four-year option period.
Upon Falcon earning a 100% interest in the Property, the Vendor will retain a 2.0% Net Smelter Return ("NSR") royalty.
Following the exercise of the Option, Falcon shall make an advance royalty payment of C$5,000 to the Vendor on each anniversary. Such advance royalty payments shall be credited against future royalty payments payable under the 2.0% NSR royalty.
Falcon shall have the right, at any time, to purchase 50% of the NSR royalty (being a 1.0% NSR) for C$1,000,000, pursuant to the terms of the Option Agreement.
All cash payments, share issuances, exploration expenditure commitments and royalty provisions are subject to the terms of the Option Agreement and the acceptance of the TSX Venture Exchange, where applicable.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Mike Kilbourne, P.Geo., a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Kilbourne is an independent consulting geologist and is at arms length to the Company.
The Company cautions that mineralization, reserves, and resources hosted on adjacent, nearby, or geologically similar properties, including Agnico Eagle's Hammond Reef Gold Deposit, are not necessarily indicative of mineralization that may be present on the West Hammond Contact Property. References to nearby deposits are provided for regional geological context only.
Falcon Gold Corp. is a Canadian mineral exploration company focused on the acquisition, exploration, and advancement of precious and battery metals opportunities across the Americas, with a portfolio spanning established mining camps and emerging exploration districts. Its flagship asset, the Central Canada Gold Project, is located approximately 20 kilometres southeast of Agnico Eagle's Hammond Reef Gold Deposit in northwestern Ontario. The project lies within the highly prospective Quetico Fault Zone, a major regional structural corridor interpreted as a key control on gold mineralization in the district. The Hammond Reef deposit is associated with a northeast-trending structural system linked to this broader regional framework, highlighting the significance of the geological setting. The Central Canada property has a documented exploration and development history spanning more than a century. Early work between 1901 and 1907 included shallow shaft development and small-scale production from high-grade material processed through stamp milling. Between 1930 and 1935, Central Canada Mines Ltd. further advanced the project with deeper underground development, crosscutting, and the installation of a small-scale gold mill. Subsequent exploration programs have included diamond drilling campaigns that returned multiple high-grade gold intercepts, supporting the presence of significant mineralization within the system. Beyond its flagship project, Falcon Gold maintains a diversified portfolio of Canadian exploration assets. This includes a 49% interest in the Burton Gold Property in partnership with IAMGOLD near Sudbury, Ontario, exploration-stage gold targets in British Columbia through the Spitfire and Sunny Boy claims, and the Great Burnt Copper-Gold Project in central Newfoundland.
Cautionary Language and Forward-Looking Statements
This news release may contain "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable securities laws, including but not limited to statements relating to the timing and content of future work programs, including planned drilling programs, geological interpretations, receipt of property titles, and other corporate and technical matters. Forward-looking statements are based on assumptions, expectations, estimates, and projections as of the date of this news release and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied herein. In some cases, forward-looking statements can be identified by terminology such as "may," "should," "intend," "expect," "plan," "anticipate," "believe," "estimate," "project," "potential," or "continue," or the negative of these terms, or other comparable terminology. Forward-looking statements in this news release may include, but are not limited to, statements regarding planned drilling activities on the Central Canada Gold Project, which is currently permitted for up to 20 drill holes, and the interpretation and potential extension of mineralization along structural trends within the project area. There can be no assurance that the Company's exploration programs will proceed as currently contemplated or that they will achieve their intended objectives. Forward-looking statements are inherently subject to significant business, economic, competitive, and geological uncertainties and contingencies. Actual results may differ materially from those currently anticipated. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that plans, assumptions, or expectations will prove to be accurate.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
, /PRNewswire/ - Mayfair Gold Corp. ("Mayfair", "Mayfair Gold", or the "Company") (TSXV: MFG) (NYSE American: MINE) is pleased to announce final results and evaluation of the tight-spaced Grade Control ("GC") drilling program.
Highlights and analysis from the Grade Control ("GC") drilling test area1:
Grade Control program tested ~1.0M tonnes of the probable mineral reserves from the 2026 Pre-Feasibility Study (the "PFS")2, about 25% of Phase 1 Reserve model validated in test area At a 0.8 g/t Au cut-off grade, the Grade Control model returned the similar grade as the reserve model, with approximately 2% more contained metal 28% more tonnes at 7% higher grade for material above 3.0 g/t Au De-risking of early years' high-grade feed and cash flow profile Improved confidence in early cash flows will facilitate project financing discussions with counter parties Potential to bring forward higher-grade production Mayfair Gold reports positive results from the analysis of the grade control ("GC") program completed in late 2025 at the Fenn-Gib Project, confirming approximately 1 million tonnes of ore-grade material that was categorized as probable reserves in the PFS, or roughly 25% of the Phase 1 planned design. The program was designed to validate the distribution and continuity of mineralization and refine planning assumptions related to ore shapes, dilution and ore loss. Previous, interim results were released in the News Release dated February 11, 2026.
Drew Anwyll, P.Eng Mayfair's CEO said, "The grade control drilling program has reinforced our confidence and further de-risked the Fenn‑Gib deposit. The results confirm that the Mineral Reserve Estimate is an accurate representation of the orebody, demonstrating strong predictability between the model and what we are seeing in the field. Importantly, the program gives us confidence that the high‑grade material scheduled for the early years of the mine plan is present and can be delivered as modeled. Grade control drilling has also identified the potential strengthening of the early production profile by utilizing more tonnes of a higher-grade material."
_________________________
1 Please note: The results, analysis and conclusions from the Grade Control program are specific to the area tested. Readers should not infer that these results are representative of, or applicable to, the remainder of the Mineral Reserve or Mineral Resource Estimate.
2 Please refer to the technical report entitled "Fenn-Gib Gold Project NI 43-101 Technical Report and pre-Feasibility Study" dated effective December 19, 2025 available on SEDAR+ at www.sedarplus.ca for further details.
The program included 56 diamond drill holes to a nominal depth of 75 metres, designed to simulate the outcomes of a reverse circulation or blast-hole GC program. Gold grades were estimated in a block model and mineable ore shapes were developed to assess the tonnage and grade of material that could be classified for production.
Results from the program confirmed the mineral reserve model and metal content in the area tested while providing valuable information of contacts between high- and low-grade material. For material above a 0.80 g/t gold cut-off grade ("COG"), the GC model returned similar grade and 2% more tonnes than predicted by the probable reserve model. For the higher-grade portion, above a 3.0 g/t Au COG, the GC model identified 28% more tonnes at 7% higher grade, representing 37% more gold than the probable reserve model for the GC drilling test area.
The findings support the accuracy of the mineral reserve block model in the Stage 1 starter pit area tested and validate the higher-grade component of the mineral reserve for mine planning. The results also suggest there may be opportunities to process higher-grade ore earlier in the initial mining sequence.
The drilling campaign was completed on a 10-by-10 metre spacing across an area measuring 60 by 70 metres. All NQ-size holes were planned as nominally vertical holes to a depth of 75 metres. Overburden thickness encountered during the program ranged from 5.7 to 13.0 metres and averaged 8.7 metres. All core was logged and sampled, with one half submitted for gold assay and the other retained for reference.
Assays were completed on one-metre intervals to capture close-spaced variability and support compositing analysis. Gold assay procedures and QA/QC protocols were consistent with previous Mayfair drilling programs and are summarized in the QA/QC section. Three holes, totalling 78 metres, were abandoned because of excessive downhole deviation and were redrilled from the same locations.
A defined test area surrounding the grade control drilling was used to compare new assay data with the existing exploration database. Within that area, average gold grades were identical at a zero COG. The new grade control drilling returned a slightly higher proportion of material below 0.30 g/t Au, while material above a 0.80 g/t Au COG showed a similar tonnage distribution and a modestly higher grade.
Grade control evaluation
The program targeted approximately 1.0 million tonnes of probable mineral reserves from the PFS. To evaluate the conversion of the mineral reserve model into a production model, all GC assays were composited to 1.5 metres and estimated on five-cubic-metre blocks using an inverse distance squared methodology. Mineable ore shapes were then designed to reflect practical open-pit mining conditions. This methodology therefore addresses the conversion of a reserve to a production model by addressing the minability of economic material.
These results indicate that, in areas of similar ore characteristics, the current mineral reserve model should provide sufficient definition for mine planning without requiring significant additional dilution, ore loss assumptions or conversion factors. The Company believes the program also highlights the potential to bring forward some gold production by identifying zones of higher-grade material that may be processed earlier in the mine sequence.
Overall, the program demonstrated that tighter-spaced grade control drilling can enhance confidence in ore boundary definition while confirming the reliability of the existing mineral reserve model in the area tested. Mayfair is evaluating the potential for a second GC test area to assess whether similar results can be replicated in other ore types across the project.
Furthermore, the program highlighted areas of higher-grade material and may potentially allow for processing while deferring lower grade tonnes, thus bringing forward some gold production.
These results further indicate that, for areas with similar ore behavior as the area tested, the reservemodel is an excellent indicator of what the project can expect from production.
QA/QC
Mayfair Gold maintains a Quality Assurance/Quality Control (QA/QC) program aligned with NI 43‑101 requirements and industry best practices. NQ‑size surface drilling was carried out by Black Diamond Drilling of Matheson, Ontario, under the supervision of Mayfair Gold's exploration team. The drill program includes detailed geological logging and systematic sampling of drill core at Mayfair's secure facility in Matheson, Ontario.
Drill core selected for analysis was cut longitudinally using a diamond‑blade saw. One half of the core was retained in the core box for reference, and the other half was bagged, sealed, and prepared for shipment. Analytical work was completed by Swastika Laboratories Ltd. in Swastika, Ontario. Swastika Laboratories is independent of Mayfair Gold and accredited by the Canadian Association for Laboratory Accreditation Inc. (CALA) and meets the ISO/IEC 17025 standards for gold analysis by fire assay with gravimetric finish and fire assay with flame atomic absorption spectroscopy (FAAS) finish.
Samples were delivered directly to Swastika Laboratories by Mayfair personnel. Samples are crushed to minimum 80% passing 1,700 μm. Samples are then split to obtain a 300–500 g sample using a rotary divider. 300–500 g samples are pulverized to minimum 85% passing 74 μm. Gold assays were completed using a 30‑gram fire assay with FAAS finish. Samples returning gold grades greater than 10 g/t were re‑assayed using a 30‑gram fire assay with gravimetric finish. As part of Mayfair's QA/QC protocol, one certified reference material (CRM), one coarse blank, and one coarse duplicate sample were inserted into the sequence of every 25 samples. Routine third‑party check assays are also performed.
All holes in the program were drilled fully vertical (-90° dip) and true thickness is not estimated.
About Mayfair Gold
Mayfair Gold is a Canadian development-stage gold company focused on advancing the 100% controlled Fenn-Gib Project in the Timmins region of Northern Ontario. Fenn-Gib hosts a 4.3 million ounce indicated mineral resource of gold (181.3Mt at an average grade of 0.74 g/t) and the expected strategy outlined in the 2026 Pre-Feasibility Study (the "PFS") is to develop the project under the provincial permitting process, targeting the higher-grade 1 million ounce probable mineral reserve (25.1Mt at an average grade of 1.29g/t) sitting near-surface, highlighting the optionality and scalability provided by the deposit. The PFS also outlines the potential to develop Fenn-Gib into a new Canadian gold producer, with initial development capital of C$450 million, a base-case payback period of 2.7 years, and cumulative free cash flow3 of US$896 million over the first six years of production based on a US$3,100/oz gold price. The Company is advancing permitting activities, detailed engineering, and stakeholder engagement with the goal of starting construction in 2028 with initial production in 2030. The Company also remains focused on exploration around the broader land package with the goal of enhancing mineral resource scale and growth opportunities.
The content of this news release has been reviewed on behalf of the Company and approved by Drew Anwyll, P.Eng., Chief Executive Officer of Mayfair, a QP as defined in NI 43-101.
_____________________________
3 free cash flow does not have a standardized meaning and may not be comparable to similar measures presented by other issuers, referred to as non-GAAP financial measures. As the Company is not in production, the company does not have historical non-GAAP financial measures nor historical comparable measures under IFRS, and therefore the foregoing prospective non-GAAP financial measures may not be reconciled to the nearest comparable measures under IFRS.
Cautionary Note Regarding Forward-Looking Information
This news release contains certain forward-looking information within the meaning of applicable Canadian securities legislation and forward-looking statements within the meaning of applicable United States securities legislation (collectively, "forward-looking information"). The use of the words "will" and "expected" and similar expressions is intended to identify forward-looking information. Forward-looking information in this news release includes, but is not limited to, the expected strategy to develop the project under the provincial permitting process, de-risking of early years' high-grade feed and cash flow profile, the potential to bring forward higher-grade production, targeting the higher-grade mineral reserve, building and operating the Fenn-Gib Project and all disclosure related to the PFS, including commencement of construction and production. Although Mayfair Gold believes that the expectations reflected in such forward-looking information is reasonable, readers are cautioned that actual results may vary from the forward-looking information. The Company has based the forward-looking information on the Company's current expectations and assumptions about future events. This information also involves known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information, including the risks, uncertainties, and other factors identified in the annual information form and Form 40-F of the Company for the year ended December 31, 2025, available under the Company's profiles on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov, respectively. Furthermore, the forward-looking information contained in this news release is as at the date of this news release, and Mayfair does not undertake any obligation to publicly update or revise any of this forward-looking information except as may be required by applicable securities laws.
Neither the TSX Venture Exchange ("TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2026) - Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (WKN: A40QYC) ("RUA GOLD" or the "Company") is pleased to provide an update on exploration and development activities at its Auld Creek Gold-Antimony Project in the Reefton Goldfield, New Zealand.
The Company's exploration team continues to advance an extensive resource expansion and technical evaluation program at Auld Creek. Alongside resource growth drilling, detailed geotechnical, hydrogeological and metallurgical studies are underway to support the Company's Pre-Feasibility Study ("PFS") and planned Fast-Track Mining Application, anticipated in Q4 2026.
Highlights:
Recent drilling continues to demonstrate significant potential to expand the gold-antimony resource over a strike length exceeding 1,000 meters and depths greater than 500 meters.
The Company is on track to complete and incorporate the 19,000-meter drill program and the additional technical studies into the upcoming PFS with completion anticipated in Q4 2026.
Highlighted assay results from drilling at Auld Creek include:
ACDDH072: 2.3m @ 3.5 g/t AuEq1 (2.9 g/t Au & 0.3% Sb) from 227m ACDDH073: 2.7m @ 7.6 g/t AuEq1 (1.8 g/t Au & 2.7% Sb) from 269m ACDDH073: 0.9m @ 6.4 g/t Au from 77m (upper fault) ACDDH075: 10.1m @ 2.2 g/t AuEq1 (2.0 g/t Au & 0.1% Sb) from 331m ACDDH076: 0.6m @ 4.4 g/t Au from 317m ACDDH078: 2.9m @ 5.6 g/t Au (incl 0.9m @ 15.9 Au) from 194m The Company’s 100th drill hole at Auld Creek was collared this week with approximately 10,000 meters of the planned 19,000-meter drill program completed to date.
Geotechnical studies, including rock strength, hydrogeology, specific gravity and rock porosity studies, are advancing to support detailed PFS mine methodology.
Approximately 1,000 kilograms of resource grade mineralization has been shipped to Intertek, Australia for advanced metallurgical testing.
Scout drilling has commenced to evaluate the full 2,500-meter length of the surface gold-arsenic-antimony soil geochemical anomalies.
The Company's Fast-Track Referral Application is currently under review by the New Zealand Government, with a decision anticipated in July 2026.
More than 30 consultants and independent advisors are supporting environmental, social and economic studies for future permitting activities.
Since November 2025, the Company has conducted more than 500 engagements with local communities, stakeholders and regulatory agencies.
Robert Eckford, Chief Executive Officer of RUA GOLD, commented, "With our Fast-Track Referral Application submitted and the Preliminary Economic Assessment completed, the team has accelerated resource expansion drilling while simultaneously advancing the technical studies required for the PFS. At the halfway point of our planned drilling campaign, we are ahead of schedule and continuing to build confidence in the resource while advancing development planning. We are encouraged by the consistency of the mineralization being intersected and remain focused on delivering the PFS in the fourth quarter of 2026."
Figure 1: Auld Creek Fraternal long section
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AULD CREEK EXPLORATION UPDATE
Recent drilling continues to demonstrate strong evidence to expand the gold-antimony resource over 1,000 meters in length and over 500 meters in depth. Continuous drilling will complete the planned 19,000-meter drill program by the beginning of September 2026. Details on each reported intercept are below.
ACDDH073, 075, and 076 provide strong evidence of grade continuity within the southern Fraternal zone, increasing confidence in the mineralized envelope approximately 300 meters below surface.
Notable intercepts include:
ACDDH073: 2.7m @ 7.6 g/t AuEq1 (1.8 g/t Au & 2.7% Sb) from 268mACDDH073: 0.9m @ 6.4 g/t Au (from 77m (Upper Fault))ACDDH075: 10.1m @ 2.2 g/t AuEq1 (2.0 g/t Au & 0.1% Sb) from 331mACDDH076: 0.6m @ 4.4 g/t Au from 317mHole ACDDH078 represents the first in a series of infill holes designed to evaluate the northern portion of the resource area.
ACDDH078: 2.85m @ 5.6 g/t Au (incl 0.9m @ 15.9 Au) from 193.95mThe results complement earlier intersections of increasing gold tenor that are indicating a near horizontal attitude, similar to the Bonanza lode dipping gently north.
Refer to Table 1 and Table 2 for a full description of recent drill hole data.
The active drill program is also generating critical geotechnical, hydrogeological and metallurgical data required for the PFS. These studies include rock strength testing, hydrogeological characterization, specific gravity measurements and detailed ore zone characterization, all of which are scheduled for incorporation into the PFS expected in Q4 2026.
Figure 2: Core photo gold assays ACDDH078 and ACDDH073. Location of Auld Creek drilling
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PRE-FEASIBILITY STUDY UPDATE
Following completion of the Preliminary Economic Assessment, the Company's technical partners, Mining One and Pitch Black, commenced work on the PFS in late May 2026.
A comprehensive metallurgical testwork program is underway and is expected to inform the final process flowsheet. Mine infrastructure and surface layout designs have been refined and are being presented to local communities, stakeholders and regulatory agencies as part of ongoing consultation efforts.
Simon Delander, VP Risk, Stakeholder and Regulatory Affairs, commented, "We have welcomed delegations from central government, regional and district councils to the project area for detailed technical briefings and site visits. Maintaining open dialogue with government agencies and stakeholders is important as we advance permitting activities and continue to refine development plans for Auld Creek."
The resource model is being updated regularly as new drill results become available, supporting mine planning and scheduling activities. The Company expects the integrated PFS work program to be completed during the fourth quarter of 2026.
Technical consultants and independent advisors supporting the Fast-Track permitting process recently met in Christchurch to coordinate workstreams and align project deliverables in preparation for submission of a substantive Fast-Track permit application later this year.
REGIONAL EXPLORATION UPDATE
In May 2026, RUA GOLD mobilized a fifth drill rig to support exploration activities at the Alexander River and Big River gold targets in the southern Reefton Goldfield.
These programs form part of the Company's broader strategy of evaluating multiple high-grade gold deposits that could ultimately support a regional mining and processing hub centred on Auld Creek. Drilling is ongoing, and assay results are pending.
Figure 3: Overview of the Reefton Goldfield highlighting active drilling at Auld Creek, Big River and Alexander River
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ABOUT RUA GOLD
RUA GOLD is an exploration company, strategically focused on New Zealand. With decades of expertise, our team has successfully turned major discoveries into producing world-class mines in multiple continents. The team is now focused on maximizing the asset potential of RUA GOLD's two highly prospective high-grade gold projects.
The Company controls the Reefton Gold District as the dominant landholder in the Reefton Goldfield on New Zealand's South Island with over 120,000 hectares of permits, in a district that historically produced over 2Moz of gold grading from 9-50g/t(2).
The Company's Glamorgan Project solidifies RUA GOLD's position as a leading high-grade gold explorer on New Zealand's North Island. This highly prospective project is located within the North Islands' Hauraki District, a region that has produced an impressive 15Moz of gold and 60Moz of silver(3).
For further information, please refer to the Company's disclosure record on SEDAR+ at www.sedarplus.ca.
TECHNICAL INFORMATION
Simon Henderson CP, AUSIMM, a qualified person under National Instrument 43-101 Standards of Disclosure for Mineral Projects and Chief Operating Officer and a director of RUA GOLD, has reviewed and approved the technical disclosure contained herein. Mr. Henderson has verified the data disclosed, including sampling, analytical and test data underlying the information or opinions contained in the technical information herein. Mr. Henderson supervised the Company's drill program and verified the data disclosed, including sampling, analytical and QA/QC data, including reviewing the reports of SGS Laboratories, methodologies, results, and all procedures undertaken for quality assurance and quality control in a manner consistent with industry practice, and all matters were consistent and accurate according to his professional judgement. There were no limitations on the verification process.
QA/QC Drill Core
Core samples were sent to SGS Laboratories, Westport for sample preparation. SGS is independent of the Company. Samples were crushed and pulverized to 85% passing 75 µm. The pulverized rock-chips were split into two samples: a ~50 g sent for laboratory analysis, and the reject returned to RGL for pXRF analysis and storage. Pulverized rock-chip samples were analyzed for gold (Au) by 50-g fire assay with AAS finish at SGS Waihi (SGS Code FAA505); and for antimony (Sb) by Sodium Peroxide Fusion Analysis by ICP-MS at SGS Waihi.
RUA GOLD Contact
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and specifically include statements regarding: the Company's strategies, expectations, planned operations or future actions, including but not limited to drill program at the Auld Creek target and the timing and results thereof, the timing or results of PFS, and the timing or result of an application for a mine permit. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.
Investors are cautioned that any such forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are beyond the Company's control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward-looking statements. Some of these risks, uncertainties and factors include: general business, economic, competitive, political and social uncertainties; risks related to the effects of the Russia-Ukraine war; risks related to climate change; operational risks in exploration, delays or changes in plans with respect to exploration projects or capital expenditures; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; changes in labour costs and other costs and expenses or equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, flooding or unfavorable operating conditions and losses, insurrection or war, delays in obtaining governmental approvals or financing, and commodity prices. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements and reference should also be made to the Company's short form base shelf prospectus dated July 11, 2024, and the documents incorporated by reference therein, filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors.
Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Table 1: Location of Auld Creek reported drill holes from RUA GOLD program
Hole IDEastingNorthingrLTotal DepthSite _IDDipAzimuth (true)YearACDDH06515070745332955606.24586.4Pad 18-78622026ACDDH06615071835333523452.38267.7Pad 05-631312026ACDDH06715070875333094584309.4Pad 08-62972026ACDDH0681507321533382743284.4Pad 26-501102026ACDDH06915070745332955606.24281.5Pad 18-52722026ACDDH07015071925333293515.05168.3Pad 04-631392026ACDDH07115071185333160500224.8Pad 09-531122026ACDDH07215070875333094584255.5Pad 08-531002026ACDDH07315070875333094584285.5Pad 08-57.51132026ACDDH07415071925333293515.05208Pad 04-72.51352026ACDDH07515070745332955606.24369Pad 18-7088.52026ACDDH07615070875333094584337.1Pad 08-66.51152026ACDDH07715071185333160500225.5Pad 09-59732026ACDDH07815071925333293515.05228Pad 04-651532026Table 2: Significant drilling intercepts at Auld Creek, full mineralized zone composites.
Hole IDFromToIntervalAu (g/t)Sb (%)ACDDH065541.6542.30.70.260.01ACDDH065542.35430.70.420.01ACDDH06554354410.080.01ACDDH06554454510.690.01ACDDH065545545.80.81.10.01ACDDH065545.8546.70.91.150.01ACDDH065546.7547.350.651.090.02ACDDH065547.355480.650.310.01ACDDH065548548.70.70.50.01ACDDH066606110.320.00ACDDH0666161.40.40.490.00ACDDH06661.4620.60.20.00ACDDH066626310.20.00ACDDH066636410.10.00ACDDH0666464.60.60.110.00ACDDH06664.665.20.60.120.01ACDDH06665.2660.80.020.00ACDDH066213.7214.60.90.020.01ACDDH066214.6215.30.70.090.11ACDDH066215.3215.60.30.330.29ACDDH066215.6215.90.30.020.01ACDDH066215.9216.40.50.010.01ACDDH066216.4216.70.30.010.01ACDDH067263.3263.750.450.570.01ACDDH067263.75264.30.550.110.01ACDDH067264.3265.41.10.130.00ACDDH067265.4266.51.10.070.01ACDDH071205.3205.80.50.020.01ACDDH071205.8206.20.41.370.14ACDDH071206.2206.60.41.310.01ACDDH071206.62070.40.590.01ACDDH071207207.50.50.060.01ACDDH071207.52080.50.140.00ACDDH071208208.50.50.540.01ACDDH072227.7228.20.53.431.26ACDDH072228.2228.750.554.160.02ACDDH072228.75229.30.552.850.02ACDDH072229.32300.71.410.01ACDDH072230230.70.70.160.01ACDDH07377.1780.96.420.01ACDDH073267.95268.30.350.460.02ACDDH073268.3268.80.50.810.02ACDDH073268.8269.40.60.390.01ACDDH073269.4269.70.34.030.02ACDDH073269.7270.40.70.180.01ACDDH073270.4270.750.351.790.01ACDDH073270.75271.40.650.530.07ACDDH073271.4271.80.41.386.17ACDDH073271.8272.10.36.3516.00ACDDH074168.21690.80.780.04ACDDH07416917012.330.01ACDDH074170170.350.350.280.00ACDDH074170.351710.650.250.01ACDDH07417117210.470.03ACDDH074172172.850.850.280.01ACDDH074172.85173.80.950.790.00ACDDH074173.8174.30.51.730.01ACDDH074174.31750.70.680.02ACDDH07417517611.450.00ACDDH07417617710.970.01ACDDH07417717810.460.00ACDDH075331.5331.850.352.391.73ACDDH075331.853331.150.310.02ACDDH075333333.20.20.40.07ACDDH075333.23340.84.060.01ACDDH075334334.60.62.370.01ACDDH075334.6335.614.350.01ACDDH075335.6336.50.91.170.01ACDDH075336.5337.40.90.380.01ACDDH075337.4337.70.34.140.37ACDDH075337.73380.33.460.02ACDDH07533833910.680.03ACDDH07533934011.010.20ACDDH07534034112.020.04ACDDH075341341.60.63.560.13ACDDH076317317.30.37.140.06ACDDH076317.3317.60.31.570.03ACDDH078193.95194.250.320.70.01ACDDH078194.25194.850.613.50.01ACDDH078194.85195.750.90.970.01ACDDH078195.75196.81.050.680.01Using recent the 43-101 Reefton Technical Report, the AuEq calculation was made using a gold price of $US3,000 per ounce and an antimony price of $US25,000 per tonne. Total gravity/float recoveries of 97% for gold and 85% for antimony were used to calculate the Equivalency Factor at 2.15 for EqSb. Technical Report on the Reefton Project, New Zealand, with an effective date of February 27, 2026 available under the Company's SEDAR+ profile at www.sedarplus.ca.Christie, A., Simpson, M., Barker, R., and Braithwaite, R. 2019. Exploration for epithermal Au-Ag deposits in New Zealand: history and strategy. New Zealand Journal of Geology and Geophysics, 62:1, 414-441. NI 43-101 Technical Report, Waihi District Pre-feasibility Study, New Zealand. OceanaGold Corporation, Report Date: December 11, 2024.
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Source: Rua Gold Inc.
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For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Gold.com (GOLD - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.
Gold.com is a member of our Finance group, which includes 831 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Gold.com is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for GOLD's full-year earnings has moved 22.4% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, GOLD has gained about 25.4% so far this year. Meanwhile, the Finance sector has returned an average of 3.6% on a year-to-date basis. As we can see, Gold.com is performing better than its sector in the calendar year.
Another Finance stock, which has outperformed the sector so far this year, is Andersen (ANDG - Free Report) . The stock has returned 48% year-to-date.
In Andersen's case, the consensus EPS estimate for the current year increased 215.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Gold.com belongs to the Financial - Miscellaneous Services industry, which includes 107 individual stocks and currently sits at #109 in the Zacks Industry Rank. This group has lost an average of 6.5% so far this year, so GOLD is performing better in this area. Andersen is also part of the same industry.
Gold.com and Andersen could continue their solid performance, so investors interested in Finance stocks should continue to pay close attention to these stocks.
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2026) - Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (WKN: A40QYC) ("RUA GOLD" or the "Company") is pleased to announce the filing of a Preliminary Economic Assessment for the Auld Creek Gold Antimony Project located in the Reefton Goldfield on the West Coast of New Zealand. A copy of the Technical Report is available on www.sedarplus.ca and on the Company's website www.ruagold.com.
The scientific and technical information contained in this news release has been prepared and approved by the following independent Qualified Persons, each within the meaning of National Instrument 43 101 - Standards of Disclosure for Mineral Projects ("NI 43 101"):
Abraham Whaanga, BSc, MAusIMM (CP) of RSC has reviewed and verified the resource-related information disclosed herein. Gary Davison, FAusIMM, Principal Mining Engineer and Director of Mining One Consultants, has reviewed the mining methods, mining capital and operating costs and is responsible for Economic Analysis.Marius Phillips, NHD Ex Met, MAusIMM (CP), RPEQ and Technical Director of Pitch Black Group is responsible for information relating to plant capital and operating costs, mineral processing and metallurgical testing and recovery methods.Each Qualified Person:
has independently reviewed and verified relevant underlying data in the MRE and PEA.has consented to the disclosure of the information in this news release in the form and context in which it appears. is independent of Rua Gold Inc. within the meaning of NI 43 101. The Mineral Resource Estimate (MRE) presented in RUA's press release on 5 May 2026 was based on mineable shapes created by RSC for the February 2026 Independent Technical Report (Whaanga, 2026). This MRE is comparable to the 'RAW MSO' MRE presented in Table 14-21 of the PEA Technical Report, which was based on Mineable Stope Optimiser (MSO)-generated shapes produced by Mining One for the PEA.
The final MSO set presented in Table 14-21 of the PEA Technical Report is materially different to the MRE in the 5 May 2026 press release, with a -22-27% change in AuEq ounces. This is due to the consideration of additional geotechnical, engineering, and economic factors, including partial extraction of a crown pillar, for the purpose of meeting the criteria for reasonable prospects for eventual economic extraction (RPEEE) at the PEA level. Further details of the factors considered are provided in Section 14.10 of the Technical Report.
ABOUT RUA GOLD
RUA GOLD is an exploration company, strategically focused on New Zealand. With decades of expertise, our team has successfully turned major discoveries into producing world-class mines in multiple continents. The team is now focused on maximizing the asset potential of RUA GOLD's two highly prospective high-grade gold projects.
The Company controls the Reefton Gold District as the dominant landholder in the Reefton Goldfield on New Zealand's South Island with over 120,000 hectares of permits, in a district that historically produced over 2Moz of gold grading from 9-50g/t(1).
The Company's Glamorgan Project solidifies RUA GOLD's position as a leading high-grade gold explorer on New Zealand's North Island. This highly prospective project is located within the North Islands' Hauraki District, a region that has produced an impressive 15Moz of gold and 60Moz of silver(2).
For further information, please refer to the Company's disclosure record on SEDAR+ at www.sedarplus.ca.
TECHNICAL INFORMATION
Simon Henderson CP, AUSIMM, a qualified person under National Instrument 43-101 Standards of Disclosure for Mineral Projects and Chief Operating Officer and a director of RUA GOLD, has reviewed and approved the technical disclosure contained herein. Mr. Henderson has verified the data disclosed, including sampling, analytical and test data underlying the information or opinions contained in the technical information herein. Mr. Henderson supervised the Company's drill program and verified the data disclosed, including sampling, analytical and QA/QC data, including reviewing the reports of SGS Laboratories, methodologies, results, and all procedures undertaken for quality assurance and quality control in a manner consistent with industry practice, and all matters were consistent and accurate according to his professional judgement. There were no limitations on the verification process.
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and specifically include statements regarding: the Company's strategies, expectations, planned operations or future actions, including but not limited to drill program at the Auld Creek target and the timing and results thereof, the timing or results of PFS, and the timing or result of an application for a mine permit. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.
Investors are cautioned that any such forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are beyond the Company's control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward looking statements. Some of these risks, uncertainties and factors include: general business, economic, competitive, political and social uncertainties; risks related to the effects of the Russia-Ukraine war; risks related to climate change; operational risks in exploration, delays or changes in plans with respect to exploration projects or capital expenditures; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; changes in labour costs and other costs and expenses or equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, flooding or unfavorable operating conditions and losses, insurrection or war, delays in obtaining governmental approvals or financing, and commodity prices. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements and reference should also be made to the Company's short form base shelf prospectus dated July 11, 2024, and the documents incorporated by reference therein, filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors.
Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
1. Technical Report on the Reefton Project, New Zealand, with an effective date of February 27, 2026 available under the Company's SEDAR+ profile at www.sedarplus.ca.
2. Christie, A., Simpson, M., Barker, R., and Braithwaite, R. 2019. Exploration for epithermal Au-Ag deposits in New Zealand: history and strategy. New Zealand Journal of Geology and Geophysics, 62:1, 414-441. NI 43-101 Technical Report, Waihi District Pre-feasibility Study, New Zealand. OceanaGold Corporation, Report Date: December 11, 2024.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302263
Source: Rua Gold Inc.
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, /PRNewswire/ - Gold Strategy Inc. (TSXV: GST) (the "Company") is pleased to announce the voting results from the Company's Annual General and Special Meeting of the Shareholders (the "Meeting") held on June 23, 2026. A total of 1,432,625 common shares ("Common Shares") were voted, representing the votes attached to 69.48% of all outstanding Common Shares. All matters submitted to shareholders for approval as set out in the Company's Notice of Meeting and Information Circular (the "Circular"), both dated May 15, 2026, were approved by the requisite majority of votes cast at the Meeting.
Election of Directors
Each of the incumbent members of the board of directors, being Reno Calabrigo, Tyler Burpee, Herbert Markgraf and Melanie Samuels, was re-elected.
Appointment of Auditor
Davidson & Company LLP was re-appointed auditors of the Company for the ensuing year with the remuneration to be fixed by the directors.
Approval of 20% Fixed Option Plan
The Company's 20% fixed stock option plan was approved and, accordingly, the amount of common shares reserved for issuance thereunder has been increased to 412,395.
About Gold Strategy
Gold Strategy Inc. is a mineral exploration and development company focused on the acquisition, exploration and advancement of mineral properties.
GOLD STRATEGY INC.
Reno J. Calabrigo, Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
UPCOMING DRILL PROGRAM TO SUPPORT UPDATED NI 43-101 RESOURCE
, /PRNewswire/ - A2Gold Corp. ("A2Gold" or the "Company") (TSXV: AUAU) (OTCQX: AUXXF) (FRA: RR7) is pleased to announce that it has completed the acquisition of a 100% interest in the Taylor Silver-Gold Project ("Taylor" or the "Project") located in White Pine County, Nevada, from White Pine Precious Metals Inc. ("White Pine").
Map 1: Location of the Taylor Silver-Gold Project, Nevada The completion of the Taylor acquisition, subject to closing conditions of recording, share issuance and other minor issues, represents a significant milestone in A2Gold's strategy to build a leading Nevada-focused precious metals exploration and development company. Taylor adds a second district-scale project to the Company's portfolio and provides exposure to a large, highly prospective silver-gold system with meaningful antimony, carbonate replacement deposit ("CRD"), skarn and porphyry exploration potential. The Taylor Project comprises approximately 117 km² (45 mi²) of mineral claims in a Tier-1 Nevada mining jurisdiction. The Project is fully permitted and drill-ready, benefits from significant existing infrastructure, and hosts a historical silver resource together with multiple gold, silver and antimony exploration targets across a district-scale mineralized system.
A2Gold has commenced mobilization of a drill rig to Taylor and expects the rig to be on site within the next two weeks. The initial drill program is expected to focus on three principal objectives:
Drilling the Existing Historical Silver ResourceThe Company intends to drill in and around the existing historical silver resource footprint to confirm and expand known silver mineralization and to support preparation of an updated NI 43-101 mineral resource estimate. Evaluating Gold MineralizationTaylor hosts significant oxide gold exploration potential across a large district-scale corridor. Gold was not included in the historical 2018 silver resource estimate, and A2Gold believes there is an important opportunity to evaluate the potential contribution of gold mineralization to the broader Taylor system. Testing Priority Gold-Antimony TargetsThe Company also intends to test priority gold-antimony targets identified through historical work, surface sampling, geological mapping and modern geophysical surveys. These targets are considered important to evaluating Taylor's potential as a precious metals project with meaningful critical mineral upside. Together with the Company's recently completed acquisition of 26 strategically located internal lode mining claims within the Taylor District, A2Gold now controls a consolidated district-scale land package at Taylor under a single operator. This consolidation provides the Company with enhanced flexibility to systematically explore, expand and advance Taylor as a unified project.
Peter Gianulis, CEO of A2Gold, commented: "Closing the Taylor acquisition is an important step in the evolution of A2Gold. Taylor adds a second district-scale Nevada project with a historical silver resource, significant oxide gold potential and an emerging antimony opportunity at a time when critical minerals are becoming increasingly important in the United States. With the White Pine acquisition now closed, and the internal Taylor claims recently consolidated, we are in a much stronger position to advance the district as one unified project. Taylor gives A2Gold scale, optionality and multiple avenues for discovery, and complements our flagship Eastside Project as we continue building one of Nevada's most compelling precious metals exploration platforms."
Taylor Project Highlights
District-Scale Land Package
Taylor comprises approximately 117 km² (45 mi²) of mineral claims located in White Pine County, Nevada. The Project lies within an active exploration and mining region of eastern Nevada and benefits from excellent infrastructure, including water rights, electrical power and substation access, an established road network and patented claims hosting much of the historical silver resource and existing pits.
Historical Silver Resource and Expansion Potential
Taylor hosts a historical mineral resource estimate prepared by SRK Consulting in 2018 outlining approximately 11.0 million ounces of silver in the Measured and Indicated category and 0.6 million ounces of silver in the Inferred category. The estimate was calculated using a silver price assumption of US$17 per ounce and a cutoff grade of 1.6 oz/t silver.
Historical drilling indicates that silver mineralization remains open in multiple directions and has not been systematically tested using modern exploration methods. Silver price sensitivity analysis completed by SRK suggests that, using a US$30 per ounce silver price and a 0.9 oz/t cutoff, the historical Measured, Indicated and Inferred resource could represent more than 20 million ounces of silver in total.
The Company considers the historical estimate to be historical in nature and not current. A Qualified Person has not completed sufficient work to classify the historical estimate as a current mineral resource, and A2Gold is not treating the historical estimate as current.
Strong Gold Exploration Potential
In addition to the historical silver resource, Taylor hosts significant oxide gold exploration potential across a large portion of the district. Prior exploration has identified a 3 km by 10 km anomalous gold corridor, with surface sampling and historical drilling indicating the potential for near-surface oxide gold mineralization.
Historical results include channel samples returning up to 4.2 g/t gold over 11.0 meters, including 7.1 g/t gold over 3.3 meters, as well as drill intercepts including 1.02 g/t gold over 18.3 meters starting at surface and 0.68 g/t gold over 24.4 meters starting at surface, including 0.85 g/t gold over 12.2 meters.
Gold mineralization was not included in the historical 2018 silver resource estimate. The Company believes there is an important opportunity to evaluate the potential contribution of gold mineralization to the broader Taylor system as part of its upcoming exploration and resource-focused drilling programs.
Antimony and Critical Mineral Upside
Taylor also hosts significant antimony mineralization, which represents potential exposure to a critical mineral identified as strategically important by the United States government. Prior work at Taylor has identified multiple styles of antimony mineralization, including tetrahedrite-rich mineralization associated with CRD systems proximal to the Taylor resource and stibnite-stibiconite mineralization occurring distally and commonly associated with gold mineralization.
The district hosts two historical antimony-producing mines, including the Enterprise Mine and the Merrimac Mine. Historical records indicate exceptionally high-grade antimony production and mineralization at Taylor, further supporting the interpretation of a large, district-scale mineralized system with precious metals and critical mineral potential.
Robust Modern Data Sets and Drill-Ready Targets
Over the past several years, White Pine completed extensive technical work across the Taylor District, including gravity, magnetic, CSAMT, induced polarization and hyperspectral surveys. These data sets have improved the understanding of the structural architecture of the district and generated numerous high-priority exploration targets.
A2Gold intends to use this work to advance a systematic exploration program focused on expanding the historical silver resource, testing priority oxide gold targets, evaluating antimony-bearing systems and advancing CRD, skarn and porphyry concepts across the district.
Strategic Complement to Eastside
The Taylor acquisition significantly strengthens A2Gold's Nevada portfolio by adding a second large-scale project with silver, gold and critical mineral exposure. While Eastside remains the Company's flagship district-scale gold-silver project, Taylor introduces a complementary geological setting with a historical silver resource, shallow oxide gold and antimony targets and deeper CRD, skarn and porphyry exploration potential.
With Eastside and Taylor, A2Gold now controls multiple district-scale exploration opportunities in Nevada, one of the world's premier mining jurisdictions.
Transaction Summary
A2Gold completed the acquisition of a 100% interest in the Taylor Project from White Pine through the execution of an asset purchase structure which was executed on June 15, 2026 (the "Transaction"). The closing of the Transaction will include customary closing and post-closing matters.
As consideration for the acquisition, A2Gold issued 8,662,881 common shares of the Company to White Pine, and will also make deferred cash payments totaling US$1,000,000, consisting of US$250,000 at closing and US$250,000 every three months thereafter. The deferred cash payments are non-interest bearing and may be prepaid at any time without penalty.
White Pine will retain a 2.0% net smelter return royalty on claims without existing royalties. A2Gold may repurchase 1.0% of the NSR for US$2,000,000 within four years or US$3,000,000 within six years. White Pine will retain up to a 1.0% NSR on claims with existing royalties, provided the aggregate royalty burden does not exceed 3.0% NSR.
The common shares issued to White Pine are subject to voluntary escrow release provisions in addition to a statutory hold period of four months and one day from the date of issuance.
About A2Gold Corp
A2Gold Corp. has built a multi-asset gold-silver exploration platform in Nevada, one of the world's premier mining jurisdictions. The Company controls approximately 230 km² of prospective mineral tenure across its Eastside and Taylor projects, both district-scale assets with large precious metals resources with significant exploration and resource growth potential.
Eastside hosts an inferred mineral resource of 1.4 million ounces of gold and 8.8 million ounces of silver, while Taylor adds a highly prospective exploration district with gold, silver, antimony and porphyry-skarn upside. Backed by a fully funded exploration program and a strong pipeline of catalysts, A2Gold is focused on unlocking value through resource expansion, new discoveries and systematic district-scale exploration.
On Behalf of the Board
Peter Gianulis, CEO
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements and information contained in this press release constitute "forward-looking statements" within the meaning of applicable U.S. securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, which are referred to collectively as "forward-looking statements". The United States Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. A2Gold Corp.'s ("A2Gold") exploration plans for its gold exploration properties, the drill program at A2Gold's Eastside project, the preparation and publication of an updated resource estimate in respect of the Original Zone at the Eastside project, A2Gold's future exploration and development plans, including anticipated costs and timing thereof; A2Gold's plans for growth through exploration activities, acquisitions or otherwise; and expectations regarding future maintenance and capital expenditures, and working capital requirements. Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. Such forward-looking statements are based on a number of material factors and assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking information. You are cautioned not to place undue reliance on forward-looking statements contained in this press release. Some of the known risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements are described in the sections entitled "Risk Factors" in A2Gold's Listing Application, dated January 24, 2018, as filed with the TSX Venture Exchange and available on SEDAR under A2Gold's profile at www.sedar.com. Actual results and future events could differ materially from those anticipated in such statements. A2Gold undertakes no obligation to update or revise any forward-looking statements included in this press release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.
This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
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TORONTO, May 21, 2026 /PRNewswire/ - Mayfair Gold Corp. ("Mayfair", "Mayfair Gold", or the "Company") (TSXV: MFG) (NYSE American: MINE) is pleased to announce that it is initiating a regional exploration program across its Timmins camp land package, following the acquisition of the Guibord, Marriott, and Holloway properties and the continued advancement of exploration at the South Block. These properties complement the Company's flagship Fenn-Gib Gold Project, which hosts a 4.3 million ounce indicated mineral resource of gold (181.3Mt at an average grade of 0.74 g/t) and was advanced toward development through a positive Pre-Feasibility Study (the "PFS") released in January 2026.1 The consolidated land package is located along and adjacent to the Porcupine–Destor Fault Zone ("PDFZ"), one of the most prolific gold-bearing structural corridors in the Abitibi Greenstone Belt.
VANCOUVER, BC, May 26, 2026 /PRNewswire/ - GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) (the "Company" or "GoldMining") is pleased to announce that it has commenced an exploration-focused core drilling program on its 100%-owned Yarumalito Gold-Copper Project ("Yarumalito" or the "Project") in the Mid Cauca gold-copper belt of Antioquia, Colombia. Highlights: Fully Funded Drill Program Underway: The diamond core drill is actively turning on site for an approximate 1,200-metre systematic program.
VANCOUVER, Canada, May 27, 2026 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro" or the "Company") announces that it has changed its auditor from Smythe LLP, Chartered Professional Accountants (the "Former Auditor") to Davidson & Company LLP, Chartered Professional Accountants (the "Successor Auditor"). The Former Auditor resigned as the auditor of the Company on its own initiative effective May 21, 2026, and the board of directors of the Company appointed the Successor Auditor on May 23, 2026, to hold office until the next annual meeting of shareholders of the Company.
/ NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / Vancouver, British Columbia--(Newsfile Corp. - May 27, 2026) - Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) (FSE: P84) ("Sranan" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement (the "Offering") for aggregate gross proceeds of $3,589,074.85. Under the Offering, the Company issued 23,927,165 units (each, a "Unit") at a price of $0.15 per Unit.
TORONTO, May 28, 2026 /PRNewswire/ - Mayfair Gold Corp. ("Mayfair", "Mayfair Gold", or the "Company") (TSXV: MFG) (NYSE American: MINE) is pleased to announce the appointment of Ayaz Kassam as Director of Projects. Mr. Kassam is a professional engineer with nearly 20 years of experience in project management, most recently serving as Senior Project Manager with Canada Nickel Company.
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2026) - Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (FSE: X9R) ("RUA GOLD" or the "Company") is pleased to announce the election of Richard Thomas as an independent director of the Company. Mr. Thomas is a highly experienced mining executive with more than 35 years in the mining industry.
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Barrick Gold Corp. (TSX:ABX, NYSE:GOLD) is considering a London Stock Exchange listing for its African business and a potential all-share transaction with...
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
The proposed transaction will fix the Company's capital structure, using its common shares to fully retire the Convertible Debentures. Dramatically strengthens the Company's liquidity as it develops its portfolio of projects by retaining a total of approximately CA$157 million of cash that would otherwise be paid to service the gold premiums and interest on the Convertible Debentures over the next four years.
CORE DRILLING ONGOING AT CASTLE ZONE (EASTSIDE) TONOPAH, NEV., June 3, 2026 /PRNewswire/ - A2Gold Corp. ("A2Gold" or the "Company") (TSXV: AUAU) (OTCQX: AUXXF) (FRA: RR7) is pleased to announce gold and silver assay results from a recent surface channel sampling program completed at the Blackrock Target, located within the Castle Zone at the southern end of the Company's district-scale Eastside Gold-Silver Project in Esmeralda County, Nevada, within the Walker Lane Trend.
CONSOLIDATED LAND POSITION UNLOCKS DISTRICT-SCALE EXPLORATION POTENTIAL IN NEVADA TONOPAH, Nev., June 8, 2026 /PRNewswire/ - A2Gold Corp. ("A2Gold" or the "Company") (TSXV: AUAU) (OTCQX: AUXXF) (FRA: RR7) is pleased to announce that it has completed the acquisition of a 100% interest in 26 strategically located lode mining claims (the "RT/JO Claims") within its Taylor Silver-Gold Project ("Taylor") located in White Pine County, Nevada.
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2026) - Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) (FSE: P84) (Tradegate: P84) ("Sranan" or the "Company") is pleased to provide an update on exploration activities across its Suriname project portfolio. Geological field crews have been mobilized to the Company's 18,468-hectare Lawatino Gold Project, marking the commencement of Sranan's field exploration program on the concession.
VANCOUVER, Canada, June 10, 2026 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) is pleased to announce that it has closed its previously announced oversubscribed, non-brokered private placement of 62,000,000 units (the “Units”) at $0.25 per unit, for gross proceeds of CAD $15,500,000. Each Unit consists of one Sonoro common share and one common share purchase warrant.
VANCOUVER, BC, June 11, 2026 /PRNewswire/ - GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) (the "Company" or "GoldMining") is pleased to announce the results of a preliminary economic assessment ("PEA") on its São Jorge Project (the "Project"), located in Pará State, Brazil. All currency amounts herein are in US dollars unless otherwise indicated.