Mogotes Metals Announce Major Gold Discovery

To read the full news release, please click HERE

.

=======

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Altair Minerals.

.

To read our full terms and conditions, please click HERE

G Mining Ventures Reports First Quarter 2026 Results

G Mining Ventures (TSX: GMIN)

Reported its financial and operating results for the first quarter of 2026.

The company “delivered a solid start to 2026, achieving record operating margins while production and costs at TZ tracked well to plan.”

.

Tocantinzinho Gold Mine – Courtesy of G Mining Ventures

G Mining Ventures Reports First Quarter 2026 Results

May 13, 2026

BROSSARD, Quebec, , May 13, 2026 (GLOBE NEWSWIRE) —G Mining Ventures Corp.(“GMIN” or the “Corporation”) (TSX: GMIN, OTCQX: GMINF) today reported its financial and operating results for the first quarter of 2026. Unless otherwise indicated, all dollar amounts are in U.S. dollars.

.

Louis-Pierre Gignac, President and Chief Executive Officer commented:

“We delivered a solid start to 2026, achieving record operating margins while production and costs at TZ tracked well to plan.

“With gold production expected to be weighted to a much stronger second half of the year, we are managing cost volatility through disciplined execution.

“Looking ahead, we continue to execute on our industry leading growth strategy with a clear path to achieving over 500,000 ounces of annual gold production by 2028, supported by the advancement of Oko West, which remains on schedule and within budget, with first gold targeted in the second half of 2027.”

First Quarter 2026 Highlights

Solid quarterly operating performance, in line with plan: Payable gold production⁽¹⁾at the Tocantinzinho Mine (“TZ”) was 31,846 ounces in the first quarter, representing approximately 18% of the mid-point of the full year production guidance, at total cash costs⁽²⁾per ounce of $1,034 and all-in sustaining costs (“AISC”)⁽²⁾per ounce of $1,588. The realized gold price of $4,143 per ounce, up from $2,766 per ounce in the prior-year period, supported strong margins and cash flows. Costs are expected to improve materially in the second half of the year due to higher expected production.
Strong quarterly financial results: Generated quarterly net income of $80.4 million or $0.35 per share⁽³⁾and adjusted net income⁽²⁾of $62.0 million or $0.27 per share⁽³⁾. The Corporation generated cash provided by operating activities of $69.7 million or $0.30 per share⁽³⁾and free cash flow⁽²⁾of $56.2 million or $0.24 per share⁽³⁾. Revenue for the quarter was reduced by a $10.7 million non-cash adjustment related to the Gold Streaming Agreement resulting from an increase in mining reserves.
Substantial liquidity to fund growth. At March 31, 2026, cash and cash equivalents totalled $287.2 million. Including the undrawn revolving credit facility of $350 million, the Corporation’s total available liquidity at the end of the first quarter 2026 was $637.2 million.
Annual gold production and cost guidance reiterated: Full-year payable gold production guidance remains unchanged at 160,000 to 190,000 ounces for 2026, with approximately 62% of production expected in the second half of the year. Full year total cash costs per ounce and AISC per ounce in 2026 remain unchanged at $736 to $865 and $1,230 to $1,444, respectively.
Continued strong safety performance: GMIN recorded zero recordable incidents at TZ and Gurupi during the quarter and one recordable incident at the Oko West gold project (“Oko West” or the “Project”), resulting in a consolidated Total Recordable Incident Frequency Rate of 0.15, across the Corporation’s assets.

.

.

=======

.

To View the live share price and chart, please click HERE

.

To ViewG Mining’s’ historical news, please click here

.

To read the full report please click HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in G Mining Ventures.

.

To read our full terms and conditions, please click HERE

.

Catalyst Confirms Potential for Growth at Old Highway

Catalyst Metals (ASX: CYL)

Reported drilling results from the Old Highway gold deposit, located 40km south of the Plutonic Belt.

Old Highway is an undeveloped gold project located 40km south-west of Plutonic’s
processing plant, and has a Resource of 206koz at 3.0g/t Au and a Reserve of 140koz at 3.2 g/t, which sits within 1.5km of a broader 4km mineralised trend.

.

Catalyst Metals

.

	Catalyst Metals	ASX : CYL
	Stage	Exploration / development
	Metals	Copper / Gold
	Market cap	A$1.48 Billion @ A$5.69
	Location	Murchison, Victoria, Australia
	Website	www.catalystmetals.com.au

Catalyst Resources’ Drilling at Old Highway’s Resource extension targets confirms potential for growth

Catalyst Metals (ASX: CYL) reported drilling results from the Old Highway gold deposit, located 40km south of the Plutonic Belt.

Old Highway is an undeveloped gold project located 40km south-west of Plutonic’s
processing plant, and has a Resource of 206koz at 3.0g/t Au and a Reserve of 140koz at 3.2 g/t, which sits within 1.5km of a broader 4km mineralised trend.

.

• Old Highway is an undeveloped gold project located 40km south-west of Plutonic’s
processing plant, along the Great Northern Highway
• It has a Resource of 206koz at 3.0g/t Au and a Reserve of 140koz at 3.2 g/t, which sits
within 1.5km of a broader 4km mineralised trend

Drilling demonstrates potential for Resource growth in areas adjacent to existing mine plan.

Highlights

• Old Highway is an undeveloped gold project located 40km south-west of Plutonic’s
processing plant, along the Great Northern Highway
• It has a Resource of 206koz at 3.0g/t Au and a Reserve of 140koz at 3.2 g/t, which sits
within 1.5km of a broader 4km mineralised trend
• Drilling is focused on growing the mine life beyond its current four years
• The latest program targeted down-dip and up-dip extensions outside of the Resource
envelope. Results are as follows:
o 6m @ 4.1g/t Au o 12m @ 3.7g/t Au o 6m @ 4.1g/t Au
o 5m @ 4.7g/t Au o 5m @ 3.7g/t Au o 2m @ 9.1g/t Au
o 2m at 17.4g/t Au o 5m @ 2.4g/t Au o 10m @ 1.6g/t Au
• Some of these latest drill results lie between previous, deeper, down dip drill results
announced in February 2026. Further drill programs will continue to target down dip
extensions of Reserves and Resources
• The deeper down dip February 2026 results announced were3
:
o 26m at 5.9g/t Au o 8m at 10.5g/t Au o 14m at 3.0g/t Au
o 21m at 3.2g/t Au o 5.6m at 1.9g/t Au o 10m at 5.3g/t Au
• Old Highway will be the fifth deposit to be developed by Catalyst in its plan to grow gold production from ±100koz pa to ±200koz pa
• The development plan will mirror Catalyst’s Trident development – a small, self-funded
open pit followed by a longer life, high-grade underground mine
• Catalyst is currently progressing approvals for Old Highway’s development. These
continue in line with its expected timeline.

Catalyst’s Managing Director & CEO, James Champion de Crespigny, commented:

“These results demonstrate Old Highway is heading in the direction we have been hoping.

“Further drilling is underway and if successful, is very exciting for the Company.

“With exploration success at Trident in 2025, and now Cinnamon and Old Highway in 2026, the exploration team is beginning to gather considerable momentum on what we think remains a wonderfully attractive gold belt that has demonstrated an ability in the past to continue delivering good gold deposits.”

.

+++++++

To view the latest share price and chart, please click HERE

To View Catalyst Metal’s historical news, please click here

The full news release can be viewed HERE

.

+++++++

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Catalyst Metals

Ora Banda Mining Appoints John Richards as Chairman Elect

Ora Banda Mining (ASX:OBM)

Advised that Mr John Richards has been appointed as a Non-Executive Director of Ora Banda with effect from 1 May 2026.

It is currently anticipated that Mr Richards will assume the role of Chair from Peter Mansell who has indicated he will retire from the Board at the close of the 2026 AGM.

.

Riverina adit – Courtesy of Ora Banda Mining

.

	Ora Banda	ASX: OBM
	Stage	Production + development
	Metals	Gold
	Market cap	A$3 Billion @ A$1.58
	Location	Western Australia
	Website	www.orabandamining.com.au

.

Ora Banda Mining – Appointment of John Richards as Chair-elect

Ora Banda Mining Limited (ASX:OBM) (Ora Banda or the Company) is pleased to advise that Mr John Richards has been appointed as a Non-Executive Director of Ora Banda with effect from 1 May 2026.

It is currently anticipated that Mr Richards will assume the role of Chair from Peter Mansell who has indicated he will retire from the Board at the close of the 2026 Annual General Meeting to be held in November.

.
In welcoming John to the Ora Banda Board, Peter Mansell commented,

“John is an outstanding successor to the Ora Banda Chair, having demonstrated throughout his career the attributes necessary to guide Ora Banda through its next growth phase.

“The Board and I are delighted to welcome John.”

.
CEO and Managing Director Luke Creagh said,

“I would also like to congratulate John and welcome him to Ora Banda.

“John brings a wealth of knowledge and experience that will be highly beneficial as we continue to build Ora Banda into a premier gold business.”

.

Biography of Mr Richards

Mr Richards brings 40 years of experience in the global mining and metals sectors as an executive and Non-Executive Director across multiple jurisdictions. John is currently Non-Executive Chair of copper mining and exploration company Sandfire Resources Ltd and is the Lead Independent Non-Executive Director of mineral sands focused Sheffield Resources Ltd.

John has previously held directorships with gold producers Northern Star Resources Ltd and Saracen Mineral Holdings Ltd, where he served on the exploration and growth committees with responsibility for capital allocation decisions relating to exploration and organic and inorganic growth.

.

.

+++++++

.

To view Ora Banda’s latest share price and chart, please click HERE

.To View Ora Banda Mining’s historical news, please click here

.

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Ora Banda Mining.

.

To read our full terms and conditions, please click HERE

121 Mining Conference London Day 1

121 Mining Conference London Day 1

Another appalling performance from South Western Railways resulted in me missing my first two meetings after a cancelled train mid-journey.

The conference was relatively busy, but the number of participating companies seemed smaller to me.

.

121 Mining Conference London May 22

.

121 Mining Conference London Day 1

Another appalling performance from South Western Railways resulted in me missing my first two meetings after a cancelled train mid-journey.

People on a 10 busy 10 coach train had to de-train at Southampton Airport, and, after waiting 30 minutes, then had to join a 5 coach train that was already busy. Needless to say it was like a packed tube train in the rush hour.

Not a great start to the day, arriving at the conference and going straight into a meeting after such an awful journey.

+++++++

The conference was relatively busy, but the number of participating companies seemed smaller than last time to me.

Due to my late arrival I missed meetings with Nicola Mining and Americas Gold and Silver, both of whom I was looking forward to meeting.

I met Kemorland Minerals, an interesting project generator, but it didn’t excite me.

I then had interesting meetings with a couple of stocks that I already hold, Silver Storm Mining, and Omai Gold Mines.

Silver Storm Mining is set to commence production within the next six weeks or so, and one would hope for a nice kick in the share price when that occurs. All is currently on track, so here’s hoping for a high silver price to accompany the production announcement.

Omai Gold Mines has a PEA ongoing with a release date of around July, which should be a catalyst for a higher share price. Gold resources should be around 8 million ounces or so.

Copper Giant was the first of the new companies I met today, copper exploration in southern Colombia, in a prolific copper belt. I liked the story and will research further, and possibly add it to the tier 4 watchlist.

I also met ASX listed Antipa Minerals and Canadian gold explorer Xali Gold, both of whom I will keep an eye on but I didn’t feel as though there was an immediate reason to invest.

+++++++

All in all some interesting meetings and, as a result, I may well increase my shareholding in Silver Storm, and am looking at initial investments in Omai Gold and Copper Giant when the market settles down a bit.

+++++++

To read the full report please click HERE

.

+++++++

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in some of the companies mentioned.

Catalyst Extends Gold Mineralisation at Trident

Catalyst Metals (ASX: CYL)

Reported drilling results at the Trident deposit, located on the Plutonic Gold Belt.

Results from the most recent drilling have been focussed on Resource infill drilling and extension drilling at the edges of the current Resource.

.

Plutonic Gold Mine at night – Courtesy of Catalyst Metals Ltd.

	Catalyst Metals	ASX : CYL
	Stage	Exploration / development
	Metals	Copper / Gold
	Market cap	A$1.42 Billion @ A$5.45
	Location	Murchison, Victoria, Australia
	Website	www.catalystmetals.com.au

.

Drilling at Trident continues to extend mineralisation – Potential for Trident Resource to continue to grow

Catalyst Metals Limited (Catalyst or the Company) (ASX:CYL) is pleased to report drilling results at the Trident deposit, located on the Plutonic Gold Belt.

Results from the most recent drilling have been focussed on Resource infill drilling and
extension drilling at the edges of the current Resource. Many of these intercepts lay outside of the Resource envelope, indicating the potential for Trident Resource to continue to grow.

Catalyst Metals’ flagship asset is the 40km long Plutonic Gold Belt in Western Australia.

.

Highlights

• Trident is an underground deposit located 30km north-east of the underutilised Plutonic processing plant
• It is the largest of the five mines to be developed as part of Catalyst’s plan to increase
annual gold production at Plutonic from ±100koz to ±200koz
• Drilling at Trident has continued while exploration activities at the nearby Old Highway,
Cinnamon and K2 deposits ramped up in an attempt to continue building out the Plutonic Belt’s mine life
• Exploration at Trident has continued to be successful. The drilling that has occurred has targeted conversion of the Inferred Resourced and testing extensions of the known
mineralisation
• Below are the results of recent drilling program targets:
o 7m at 40.5g/t Au o 8m at 12.4g/t Au o 6m at 12.2g/t Au
o 17m at 15.4g/t Au o 7m at 14.4g/t Au o 3m at 23.2g/t Au
o 9m at 22.1g/t Au o 6m at 15.8g/t Au o 10m at 6.8g/t Au
o 14m at 9.2g/t Au o 7m at 11.7g/t Au o 4m at 13.9g/t Au
o 21m at 5.1g/t Au o 10m at 7.8g/t Au o 11m at 5.5g/t Au
• Mining of a small open pit, from which the underground decline will be established, was recently completed
• The projects team has begun establishing the portal with the underground decline to
commence once the portal is established
• Trident was the focus of a substantial drilling program during 2025. In August 2025,
Catalyst provided an update of this program which included a doubling of Reserves to
397koz at 5.3g/t Au and a significant increase in Resources to 795koz at 5.0g/t
• With these attractive intercepts well outside the Trident Resource envelope, the visibility
to a +10 year mine life at ±60koz per annum grows clearer
• Once the mine is established, a further drill program will be completed to fill out the tail
end of this +10 year plan
• Exploration focus has turned to growing mine lives at other deposits such as Old Highway,
K2 and more recently Cinnamon, in an effort for Catalyst to diversify into as many ore
sources as possible – a strategy it believes is key to its longer term business plan.

This belt currently produces ~100koz pa at an AISC of ±A$2,300/oz from three mines at Plutonic, Plutonic East and Trident open pit.

Catalyst is currently bringing three new mines into production – Trident UG, Old Highway and Cinnamon.

Each will be processed through the existing, underutilised and centrally located 2Mtpa CIL processing plant.

Exploration is targeting down dip extensions of each of these deposits. With the development and exploration of these five deposits, Catalyst aims to increase Reserves and production from 1.5Moz to ±2Moz and ±100koz to ±200koz annually.

In so doing, Catalyst is aiming for Plutonic to have a 10 year mine life – a unique and rare proposition for an underground Western Australian gold mine.

.

Catalyst’s Managing Director & CEO, James Champion de Crespigny, commented:

“The drilling programs at Trident have delivered a Resource base which will underwrite a 10 year mine plan at ±60koz per annum. In time, we expect continued drilling will convert this Resource base into Reserves.

“Catalyst’s business plan is to have multiple ore sources to feed the Plutonic processing plant for the reason that by doing so, Plutonic becomes a more stable, long term, lower cost operating centre able to provide sustained exposure to gold.

“To achieve this, and to build out inventory from multiple different sources, drilling at other prospects like Cinnamon, Old Highway and K2 become very important.

“Accordingly, these projects are consuming exploration resources now that Trident has such an established mine life. Once Trident is up and running, we will return and fill in the drilling at depth to further extend its life.”

.

+++++++

To view the latest share price and chart, please click HERE

To View Catalyst Metal’s historical news, please click here

To read the full news release, please click HERE

.

+++++++

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Catalyst Metals

G Mining on Track and on Budget for Oko West Construction

G Mining Ventures (TSX: GMIN)

Provided a status update as of Q1-2026 on its 100%-owned Oko West Gold Project in Guyana, which continues to advance on schedule and on budget, with first gold pour targeted for the second half of 2027 and commercial production expected in January 2028.

.

G Mining Oko West project panoramic view – Courtesy of Reunion Gold-

.

	G Mining Ventures	TSX: GMIN
	Stage	Development + Exploration
	Metals	Gold
	Market cap	C$12.5 billion @ C$52.62
	Location	Brazil, Guyana
	Website	www.gminingventures.com

.

G Mining Ventures Provides Q1 2026 Project Status Update on Oko West; Construction Advancing on Schedule and on Budget

BROSSARD, QC, May 5, 2026– G Mining Ventures Corp. (“GMIN” or the “Corporation”) (TSX: GMIN, OTCQX: GMINF) is pleased to provide a status update as of Q1-2026 on its 100%-owned Oko West Gold Project (“Oko West” or the “Project”) in Guyana, which continues to advance on schedule and on budget, with first gold pour targeted for the second half of 2027 and commercial production expected in January 2028.

Since commencing development activities in October 2025, GMIN has made substantial progress across engineering, procurement, site infrastructure and process plant development, while enhancing cost visibility and execution certainty. The Corporation’s early works strategy has enabled it to secure key contracts ahead of inflationary pressures, strengthening cost control and reducing schedule risk across critical scopes.

Unless otherwise stated, progress and milestones referenced in this press release are as of March 31, 2026

.

Highlights

Safety performance, a critical pillar of project success, remains strong, with one lost-time incident recorded to date, resulting in a Total Recordable Incident Frequency Rate (“TRIFR”) of 0.37
Overall project progress has reached 19.7% based on earned value, with construction advancing on schedule
Approximately US$292 million has been spent to date (~30% of initial capital), with US$525 million committed (~54% of initial capital), and the Project remains on budget
Detailed engineering is approximately 80% complete
Procurement is approximately 80% complete, with long-lead equipment largely secured and most remaining equipment and contract packages either awarded or in progress; pricing remains in line with expectations, supporting improved cost visibility
Georgetown port facility investment finalized, providing a dedicated long-term logistics solution with priority handling
The on-site workforce has increased to 1,379 personnel, of which 82% are Guyanese, with more than 1.6 million hours worked to date, reflecting GMIN’s commitment to local employment and community engagement
Camp capacity has increased to 1,058 beds to support ongoing workforce ramp-up, with full occupancy expected by November 2026

.

Louis-Pierre Gignac, President and Chief Executive Officer, commented:

“We are very pleased with the rapid construction progress being made at Oko West, which is tracking well on-schedule for first gold pour in the second half of 2027 and on-budget.”

.

Oko West Project Update

Construction at Oko West is advancing across key work areas, including the process plant, power infrastructure, tailings storage facility and site infrastructure. Recent developments include:

Process plant construction continues to advance:
- Detailed excavation of the carbon-in-pulp (“CIP”) area has been completed
- Mass excavation for the primary crusher has been completed
- Ball mill foundations were recently poured and the preparation of rebar and formwork for the SAG mill piers is underway
- Major components scheduled for delivery in mid-2026, grinding mills expected to be operational by August 2027
Engineering, design, and procurement is progressing on schedule as detailed engineering for the infrastructure remains on track to be completed by Q3-2026. All major procurement items have been awarded, at or below budget prices
Tailings storage facility development activities are progressing, including clearing activities reaching 36% completion
Mine pre-production activities continue to advance, including mining fleet assembly and commissioning in preparation for operations
Power plant generator deliveries expected throughout Q2-2026, approximately two months ahead of schedule. The power plant is expected to be operational in July 2027
The permanent camp construction is advancing well as 1,058 beds installed and utilised. A further 888 beds are expected to be added in Q2 & Q3 2026. Full occupancy on track for November 2026
Barge landing caisson and ramp were completed on schedule at the end of March 2026

.

Capital Expenditures Status and Outlook

As of March 31, 2026, approximately US$292 million had been spent on the Project, representing roughly 30% of the initial capital estimate of approximately US$973 million. Total commitments reached approximately US$525 million (~54%), with approximately US$681 million remaining to be spent through completion.

Total capital expenditures guidance at Oko West for 2026 and 2027 remains unchanged at US$514 to US$568 million and US$217 to US$240 million, respectively with Project remaining in line with budget.

.

Engineering & Procurement

Detailed engineering at Oko West reached 79.8% completion, while procurement is approximately 80% complete. All major procurement packages have been awarded, with pricing in line with expectations, reinforcing cost visibility and reducing exposure to inflationary pressures. Infrastructure detailed design is scheduled to be completed in Q2 2026, and process plant detailed engineering is 70% complete.

.

Port Facility Investment

GMIN has completed the acquisition of a 20% interest in Rock Solid International Inc., which indirectly owns and operates the wharf and storage facilities at the Eccles Port Facility on the Demerara River.

This investment provides priority handling and preferential rates for equipment, materials and supplies. A planned expansion, targeted for completion by year end, is expected to allow incoming vessels to berth and unload cargo. The facility currently includes a laydown area and barge loading point.

.

.

=======

.

To View the live share price and chart, please click HERE

.

To ViewG Mining’s’ historical news, please click here

.

To read the full news release please click HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in G Mining Ventures.

.

To read our full terms and conditions, please click HERE

.

G2 Goldfields Extends High-Grade OKO Resource, Intercepts 84.5m @ 3.0 g/t Au

G2 Goldfields (TSX: GTWO)

Reported new assay results from its ongoing diamond drilling program at the Company’s OKO Project in Guyana.

The latest drilling successfully extended high-grade shoots down-plunge at the Ghanie deposit, upgraded and confirmed central infill mineralization, and extended gold mineralization south of the existing Ghanie resource along the “Border Zone”.

.

	G2 Goldfields	TSX: GTWO
	Stage	Development + Exploration
	Metals	Gold
	Market cap	C$2.67b @ C$10.31
	Location	Guyana
	Website	www.g2goldfields.com

.

G2 Goldfields Extends High-Grade OKO Resource to Depths of 1km, Intercepts 84.5m @ 3.0 g/t Au

.

TORONTO, May 04, 2026 (GLOBE NEWSWIRE) — G2 Goldfields Inc.(“G2” or the “Company”) (TSX: GTWO) is pleased to report new assay results from its ongoing diamond drilling program at the Company’s OKO Project in Guyana (“OKO” or the “Project”).

The latest drilling successfully extended high-grade shoots down-plunge at the Ghanie deposit, upgraded and confirmed central infill mineralization, and extended gold mineralization south of the existing Ghanie resource along the “Border Zone”.

On April 9, 2026, G2 entered into a definitive agreement whereby neighbouring G Mining Ventures Corp. (“GMIN”) will acquire all of the issued and outstanding shares of G2 pursuant to a court approved plan of arrangement, expected to close in June 2026, subject to shareholder and court approvals.

In December 2025, G2 released key findings from an independent Preliminary Economic Assessment (“PEA”)[see press release dated December 18, 2025] outlining a combined open pit and underground operation with a 14-year mine life and estimate total production of 3.2 million ounces gold at all-in sustaining costs¹ (“AISC”) of US$1,191 per ounce.

Annual production is projected to average 298,000 ounces during years 3 through 10.

.

Highlights

Deepest hole drilled to date by G2 returned 84.5m @ 3.0 g/t Au from 915m, extending mineralization by 140m vertically to 1km, where it remains open
Eight drill rigs actively focused on infill, expansion and discovery drilling, with infill holes returning high-grade intercepts, including GDD270 which returned 20.8m @ 9.6 g/t Au incl. 4.4m @ 36.1 g/t Au
Drilling in the “Border Zone” continues to extend gold mineralization south of the existing Ghanie resource, with a high-grade interval of 3.0m @ 10.8 g/t Au from 490m, building on strong prior results in this area

Assay results are reported herein for 22 new diamond drill holes completed within the Ghanie deposit, totalling 10,828 metres (“m”).

Figure 1 – Longitudinal View of the Oko Deposit Looking West

.

High-Grade Extensions at Depth

Deep drilling continues to extend high-grade mineralization down plunge from the central portion of the Ghanie resource, following up on prior strong results from hole GDD256A, which returned 50.0m @ 2.4 g/t Au (incl. 23.5m @ 4.0g/t Au) from 862m (see press release dated January 6, 2026).

New hole GDD277B returned 84.5m @ 3.0 g/t Au, including 6.0m @ 13.4 g/t Au and 16.4m @ 4.5 g/t Au, representing the deepest intercept at the Oko Project to date and extending mineralization by an additional 140m vertically to 1km where it remains open.

In addition, GGD271A intercepted 1.5m @ 8.1 g/t Au, 3.0m @ 6.1 g/t Au and 3.0m @ 5.8 g/t Au and ended in mineralization at 954m.

These intercepts occur within the principal Ghanie shear zone along the contact between Ghanie diorite and magnetite diorite host rocks, consistent with the Company’s geological model.

These results demonstrate economic widths and grades well beyond the limits of the current mineral resource and highlight the continued growth potential of the Ghanie gold system.

.

/

——-

.

To view the latest share price and chart, please click HERE

/

To View G2 Goldfield’s historical news, please click here

.

To read the full news release please click HERE

.

=======

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

Disclosure

At the time of writing the author is invested in G2 Goldfields

.

To read our full terms and conditions, please click HERE

Mogotes Metals Drilling Finds Large-Scale, Shallow Gold-Copper System

Mogotes Metals (TSX.V: MOG)

Announced the discovery of a large, shallow gold breccia system and an underlying gold-copper-molybdenum porphyry at its Cruz del Sur target, part of the Filo Sur project in Argentina’s Vicuña district.

.

	Mogotes Metals	TSX.V: MOG
	Stage	Exploration / Development
	Metals	Gold – Silver – Copper
	Market cap	C$134m @ C$0.22
	Location	Argentina / Chile
	Website	www.mogotesmetals.com

.

Vicuña Update: Initial Drilling Finds Large-Scale, Shallow Gold-Copper System

May 1, 2026 – Mogotes Metals Inc. (TSXV: MOG, FSE:OY4, OTCQB: MOGMF) (“Mogotes”, or the “Company”) is pleased to announce the discovery of a large, shallow gold breccia system and an underlying gold-copper-molybdenum porphyry at its Cruz del Sur target, part of the Filo Sur project in Argentina’s Vicuña district.

The system spans a 4.0 x 0.5 km geophysical footprint, sits at a lower elevation relative to other targets, is largely concealed by thin cover and remains open in all directions and at depth.

This release presents results from the Cruz del Sur and Stockwork Hills prospects (figures 1-3). Drilling continues at the prospective northern Luz del Sol – Meseta target cluster (figure 4) and will proceed as long as the season permits, with assays from this area anticipated in June.

.

Highlights

• New near-surface gold-zinc breccia discovery:24 m at 1.01 g/t Au(FS_DDH_007) within120 m at 0.52 g/t Aufrom just 24 m depth

• Underlying gold-copper porphyry confirmed:62 m at 0.62 g/t Au and 800 ppm Cu(FS_DDH_006) within a 258 m interval at 0.36 g/t Au and 744ppm Cu

• Copper grades improving with depth, pointing to higher-grade potential below current drill coverage

• Only a fraction of the largely gravel covered, 4.0 x 0.5 km target footprint has been tested and the system is open along strike and at depth.

.

Drilling Ongoing at Northern Targets

The drilling program continues at the Luz del Sol – Meseta target cluster to the south of the BHP – Lundin Filo del Sol copper-gold-silver deposit (see figure below). The rigs are drilling at the priority Luz del Sol target, where the Mogotes team has logged encouraging geological features. Assays are expected to be reported in June, subject to laboratory timelines.

.

.

Allen Sabet, President and CEO, commented:

“These results mark a genuine discovery – a system we tracked from geophysics through to drill confirmation. Cruz del Sur is large, shallow, and accessible, and it remains open in every direction and at depth.

“While these initial intercepts are early-stage, the scale of the footprint and the way copper grades strengthen with depth give us a clear roadmap: chase higher-grade gold in the near-surface breccia, and test the porphyry where the geophysics suggests stronger copper at depth.

“In parallel, our rigs are turning at Luz del Sol in the north, where the geology so far is encouraging. Those assays are expected in June.

“We have plenty of running room across this large land package and its now clear that there are multiple mineralizing events at play here in the Filo Sur project.”

.

.

+++++++

To see the latest share price and chart, please click HERE

..To View Mogote Metals’ historical news, please click here

.The live gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Mogotes Metals.

.

To read our full terms and conditions, please click HERE

Kaiser Reef Doubles Shifts at Maldon

Kaiser Reef (ASX: KAU)

A multi-asset Australian gold producer with operations in Tasmania and Victoria, is pleased to announce the Porcupine Flat Processing Plant has successfully moved to two shifts, doubling plant throughput.

.

Kaiser Reef Henty Gold mine, Tasmania – Credits Kaiser Reef Limited

.

	Kaiser Reef	ASX : KAU
	Stage	Production, Development, Exploration
	Metals	Gold
	Market cap	A$151 million @ A$0.25
	Location	Victoria, Tasmania
	Website	www.kaiserreef.com.au

MALDON PROCESSING UPDATE – 2ND SHIFT COMMENCED AT THE MALDON GOLD PROJECT

.
Kaiser Reef Limited (ASX: KAU) (Kaiser or the Company), a profitable, multi-asset Australian gold producer with operations in Tasmania and Victoria, is pleased to announce the Porcupine Flat Processing Plant has successfully moved to two shifts, doubling plant throughput.

HIGHLIGHTS

Porcupine Flat now processing day and night shift, Monday to Thursday
Doubled plant throughput for a limited increase in personnel and costs
Union Hill Stockpile underpins continued processing until 2030 @ 10,000t/month
Small-scale ore purchases are ongoing
Union Hill underground refurbishment and rehabilitation to commence shortly.

Kaiser’s Managing Director, Brad Valiukas, commented:

“Maldon represents a district-scale gold opportunity for Kaiser, with numerous historical mines and lines of working that remain substantially underexplored, despite having historically produced an enviable 1.75moz Au at 28g/t.

“Maldon is a fully permitted operation in the heart of Victoria’s Golden Triangle, including the Porcupine Flat Processing Plant, which is pouring gold, and the Union Hill Underground Mine, where we are both reclaiming and trucking low-grade stockpile material and finalising preparations for decline refurbishment.

“The change to two shifts at Maldon will significantly reduce our processing cost per tonne, as we have doubled capacity without significantly increasing our fixed costs or overheads. This is a material change, especially given that the bulk of the mill feed is from low-grade stockpiles. We expect Maldon to be near self-funding, including for exploration, moving forward.

“The team at Maldon has done a great job over the last six months, getting on board and executing a comprehensive strategy for the Project, and repositioning the business at Maldon for growth and success.

“Kaiser is fully funded with clear operational priorities at both assets. Our strategy remains unchanged: disciplined production growth, reserve expansion, and building long -term value from our dual-asset platform.”
— ENDS —

.

To read the full news release please click HERE

+++++++

To View Kaiser Reef’s current share price and chart, please click HERE

To View Kaiser Reef’s historical news, please click here

.

To read the full news release please click HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Kaiser Reef.

.

To read our full terms and conditions, please click HERE

Caprice Divests West Arunta Assets For $2.89M

Caprice Resources (ASX: CRS)

Announced it has executed a binding Heads of Agreement with Corella Resources Limited (ASX: CR9) for the sale of a 75% interest in its West Arunta (Chobe) Project in Western Australia fpr a consideration of A$2.89 million.

.

Caprice Resources

.

	Caprice Resources	ASX: CRS
	Stage	Exploration
	Metals	Gold
	Market cap	A$37 million @A$0.045 c
	Location	Western Australia
	Website	www.capriceresources.com

.

CAPRICE DIVESTS WEST ARUNTA ASSETS FOR $2.89M RETAINING FREE-CARRIED EXPOSURE

.

Caprice Resources Limited (ASX: CRS) (Caprice or the Company) is pleased to announce it has executed a binding Heads of Agreement (HOA) with Corella Resources Limited (ASX: CR9) (Corella or Purchaser) for the sale of a 75% interest in its West Arunta (Chobe) Project in Western Australia.

The transaction delivers immediate cash, ongoing exposure to any future West Arunta discovery success, and a free carried pathway to development, positioning Caprice to unlock value from the rapidly emerging West Arunta Province (Figure 1) without ongoing expenditure burden.

Disciplined divestment aligns with Caprices’ core focus of rapidly advancing its exciting Island Gold Project to a maiden Mineral Resource Estimate (MRE) and expediting exploration drilling at the Comet and Cuddingwarra Projects in the Murchison Goldfields with Caprice to emerge with $16.5m cash post transaction completion.

HIGHLIGHTS

• Up to $2.89 million total consideration
• $2.70 million cash at completion (inclusive of $50,000 non-refundable deposit)
• $190,000 via the issue of deferred equity in Corella
• 15-25% retained interest in key tenure or conversion to 1.5% NSR
• Free carried through to Decision to Mine
• Corella to sole fund exploration and development
• Continued (free carried) exposure to one of Australia’s most active frontier exploration regions

Caprice MD, Luke Cox, commented,

“This is a highly compelling transaction that crystallises immediate value for Caprice shareholders while retaining strong exposure to exploration success in one of Australia’s most exciting frontier regions.

“Importantly, Caprice maintains a free-carried position through to decision to mine, meaning we benefit from any discovery or resource growth without contributing further capital.

“With Corella expected to aggressively advance exploration, this transaction provides a clear pathway to unlock the full potential of the West Arunta Project while allowing Caprice to focus on its core Murchison gold strategy.”

.

.

++++++

.

The latest Caprice share price and chart can be viewed HERE

.To View Caprice Resources’ historical news, please click here

.

To read the full news release, please click HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Caprice Resources

.

To read our full terms and conditions, please click HERE

Altair Boosted by Endeavour Mining Investment

Altair Minerals (ASX: ALR)

Announced that is has received a firm commitment from Endeavour Gold Corporation, a wholly owned subsidiary of Endeavour Mining plc for a placement of 656,264,364 fully paid ordinary shares in Altairat an issue price of A$0.043 per Placement Share, raising ~A$28.2 million.

The Placement has been exclusive to Endeavour, who is expected to become a 9.90% shareholder of Altair.

.

Altair Minerals

.

	Altair Minerals	AXS: ALR
	Stage	Exploration
	Metals	Gold
	Market cap	A$328 m @ A$0.055c
	Location	Guyana
	Website	www.altairminerals.com.au

Altair Announce a $28 Million Premium Placement to Endeavour Mining

Altair Minerals Limited (ASX: ALR) (‘Altair or ‘the Company’) is pleased to announce that is has received a firm commitment from Endeavour Gold Corporation, a wholly owned subsidiary of Endeavour Mining plc for a placement of 656,264,364 fully paid ordinary shares in Altair (Placement Shares) at an issue price of A$0.043 per Placement Share (Placement Price) raising ~A$28.2 million.

The Placement has been exclusive to Endeavour, who is expected to become a 9.90% shareholder of Altair following completion of the Placement

Strengthened treasury to accelerate and set the foundation to transform the scope of
exploration across Greater Oko
▪ Binding commitment of A$28.2 million received via a strategic placement to Endeavour Gold Corporation, a wholly owned subsidiary of Endeavour Mining plc. (LSE: EDV, TSX: EDV, OTCQX:
EDVMF) (“Endeavour”) at an issue price of A$0.043 per share (“Placement”).
▪ The Placement price represents a 5% Premium to Altair’s last closing price, and;
40% Premium to 30-Day VWAP (Volume Weighted Average Price)
11% Premium to 5-Day VWAP (Volume Weighted Average Price)
▪ Placement strengthens Altair’s pro-forma treasury to ~A$40 million setting the transformational foundation for exploration success through aggressive drill-testing across Greater Oko over the coming years – with immediate focus on scaling drilling activities and deploying regional exploration teams on untapped greenstone terrain.
▪ Proceeds of the Placement will support Altair in:
Increasing its current maiden drill program to ~50,000m (25,000m Diamond & 25,000m RAB)
Accelerate drilling through multiple rigs, immediately bringing forth a second RAB.
Accelerate current SOKO geochemical programs, immediately doubling trenching and soils rate
Advancing multiple potential discoveries simultaneously, through our application of systematic exploration to drive success
▪ Endeavour is the largest gold producer in West Africa and ranks in the top 10 senior gold producers worldwide. Upon Placement completion, Endeavour will become a 9.90% shareholder of Altair.
▪ Endeavour applies a bespoke methodology to exploration – leading to 22.4Moz Au (Measured & Indicated) in discoveries since 2016, and is strategically aligned with Altair’s large scale exploration plans and long-term vision at Greater Oko.
▪ Both Altair and Endeavour (the “Parties”) will set up a joint Technical Committee to leverage key technical synergies

The Guiana Shield is a continuation of the West African Birimian greenstone belt. The Parties can apply their collective exploration & development success to maximise value at Greater Oko.

The Parties can mutually elect Endeavour’s Executive Vice President of Exploration, Sonia Scarselli, formerly BHP’s Vice President of Exploration and Xplor, (or her alternate) to join as Special Advisor to the Board and Greater Oko Project.
▪ Endeavour’s investment into Altair demonstrates the growing interest by major mining firms globally into Guyana’s untapped gold industry.

,
Altair Minerals Limited CEO, Faheem Ahmed, commented:

“We are excited to add Endeavour as a substantial strategic investor into Altair and to accelerate our Greater Oko exploration programme, leveraging the technical support from one of the most successful gold exploration teams globally.

“Endeavour is the largest gold producer in West Africa, renowned for its exploration track record and technical expertise across the West African Birimian Greenstone Belt.

“The greenstone belts on the Guiana Shield represent a geological continuity of the Birimian Greenstone Belt, which presents a unique synergy between both companies, allowing Altair to leverage the technical acumen at Endeavour in order to fasttrack exploration success at Greater Oko.

“The Greater Oko Project represents a unique consolidated land position in Guyana – where permits are fragmented in ownership and typically each block sits at approximately 4km Sq – presenting a major barrier to entry into one of the most prospective and untapped gold provinces globally.

“Greater Oko remains the largest consolidated gold exploration project in the country, with Altair seeking to unlock its value through a multi-year campaign.

“Endeavour’s investment into Altair, given their technical expertise in greenstone belt exploration, is a strong endorsement of the prospectivity and scalability of Altair’s land package.

“Both companies have a mutual appreciation and understanding for the unique opportunity present at hand with the Greater Oko Project in Guyana, a dominant land position sitting on the last untapped ‘Birimian-Like’ greenstone belt on the planet that sits on a pro-mining and politically stable jurisdiction.

“The ambitious exploration goals set by Altair follows a similar strategy set out by Endeavour across their portfolio. Hence, it is pleasing to bring Endeavour as a substantial shareholder, to join us on this journey as we begin scaling exploration and execution, with the added optionality of leaning on their technical support team to fast-track discovery.

“This Placement positions Altair to aggressively explore across Greater Oko and deliver exploration success. Immediately, we will seek to scale-up our drill programs while in parallel we increase our logistics and human resources over the coming weeks to prepare for materially larger regional exploration programs.

“Altair would like to thank all current and new shareholders for their continued support, and we look forward to updating the market with promising developments over the coming months”

.

+++++++

To view the latest Altair Minerals share price and chart, please click HERE

To View Altair Minerals’ historical news, please click here

To read the full news release, please click HERE

.

=======

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Altair Minerals.

.

To read our full terms and conditions, please click HERE

Tajiri Resources Launches Concurrent Non‑Brokered Private Placement

Tajiri Resources Corp. (TSX.V: TAJ)

Announced that it has launched a concurrent non‑brokered private placement of up to 9,523,809 units of the Company at a price of CDN$0.21 per Unit, for aggregate gross proceeds of up to CDN$2,000,000.

The Offering is being conducted concurrently with the Company’s previously announced upsized non‑brokered private placement of units announced on April 9, 2026.

.

Yone project location map – Courtest of Tajiri Resources

.

	Tajiri Resources	TSX.V: TAJ
	Stage	Exploration
	Metals	Gold
	Market cap	C$31m @ 73c
	Location	Guyana
	Website	www.tajirigold.com

.

Tajiri Resources Launches Concurrent Non‑Brokered Private Placement

.

VANCOUVER, BRITISH COLUMBIA – (April 13th, 2026) Tajiri Resources Corp. (the “Company” or “Tajiri”) (TSXV: TAJ) is pleased to announce that it has launched a concurrent non‑brokered private placement (the “Offering”) of up to 9,523,809 units of the Company (the “Units”) at a price of CDN$0.21 per Unit, for aggregate gross proceeds of up to CDN$2,000,000.

The Offering is being conducted concurrently with the Company’s previously announced upsized non‑brokered private placement of units announced on April 9, 2026 (the “Concurrent Offering”).

The Concurrent Offering remains open and is expected to close on or about April 22, 2026, or such other date as may be determined by the Company, subject to receipt of all required approvals.

Each Unit issued under the Offering will consist of one common share in the capital of the Company and one‑half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share of the Company at a price of CDN$0.40 per share for a period of eighteen (18) months from the closing date of the Offering.

The Company expects that the Offering will close on or about the same timeframe as the Concurrent Offering, subject to customary closing conditions and the final approval of the TSX Venture Exchange (the “TSXV”).

In connection with the Offering, the Company may pay certain eligible finders cash fees of up to 6.0% of the gross proceeds raised from investors introduced by such finders, in accordance with applicable securities aws and TSXV policies.
The net proceeds from the Offering are expected to be used for the exploration and development, and working capital purposes.

.

+++++++

To view the latest Tajiri Resources share price and chart, please click HERE

To View Tajiri Resources’ historical news, please click here

To read the full news release, please click HERE

.

=======

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Tajiri Resources.

.

To read our full terms and conditions, please click HERE

Lahontan Reports Cyanide Recoveries Of 81% For Gold and 60% For Silver

Lahontan Gold Corp. (TSXV: LG)

Announced that analyses of pulp samples from the Company’s 2025 reverse-circulation drilling program show high levels of cyanide extraction for gold and silver that corroborates and validates previous metallurgical testing at Lahontan’s West Santa Fe project.

.

Panoramic vista of Santa Fe – Courtesy of Lahontan Gold Corp.

.

	Lahontan Gold	TSX.V: LG
	Stage	Exploration / Development
	Metals	Gold
	Market cap	C$140m @ C$0.40
	Location	Nevada
	Website	www.lahontangoldcorp.com

.

LAHONTAN REPORTS CYANIDE RECOVERIES OF 81% FOR GOLD AND 60%
FOR SILVER AT WEST SANTA FE

Toronto Ontario, April 13, 2026 – Lahontan Gold Corp. (TSXV:LG, OTCQB:LGCXF, FSE:Y2F) (the “Company” or “Lahontan”) is pleased to announce that analyses of pulp samples from the Company’s 2025 reverse-circulation (“RC”) drilling program show high levels of cyanide (“CN”) extraction for gold and silver that corroborates and validates previous metallurgical testing at Lahontan’s West Santa Fe project.

Highlights of the CN test program include:

• CN extractable gold averaged 81% compared to the original fire assay gold values for
individual pulp samples (please graph below). This is a very high CN extraction ratio and greater than the projected gold recovery reported in previous metallurgical testing for West Santa Fe (more below).
• CN extractable silver averaged 60% compared to the original ICP and fire assay analyses (please graph below). This is also a high CN extraction ratio, especially for silver, and is greater than the projected silver recovery reported in previous metallurgical testing.

.
Kimberly Ann, Lahontan Executive Chair, President, CEO, and Founder commented:

“The results of the CN extractable gold and silver analyses confirm our belief that precious metal mineralization at West Santa Fe is amenable to CN heap leach processing for gold and silver recovery.

“Combined with the results of the 2025 RC drilling program, which replicated the gold and silver results from historic drilling, we are checking all the boxes: Exploration will now continue at West Santa Fe, seeking to expand the footprint of the precious metal system in anticipation of the preparation of a Mineral Resource Estimate (“MRE”)
later this year.”

.

——-

.

To view the latest share price and company chart, please click HERE

.

To Lahontan Gold’s historical news, please click here

.

To View Heliostar Metals’ latest share price and chart, please click HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Lahontan Gold.

.

To read our full terms and conditions, please click HERE

Heliostar Metals Drills 69 Metres Grading 10.1 g/t Gold

Heliostar Metals (TSX.V: HSTR)

Announced additional results from the ongoing drill program at its 100% owned Ana Paula project in Guerrero, Mexico.

The program aims to convert inferred ounces to higher confidence classifications. The highkight was 69.15 m grading 10.09 g/t from 93.0 m.

.

Ana Paula drill map – Credits Heliostar Metals Ltd.

.

	Heliostar Metals	TSX.V: HSTR
	Stage	Production / Development
	Metals	Gold
	Market cap	C$567m @ C$2.41
	Location	Mexico / USA
	Website	www.heliostarmetals.com

.

Heliostar Metals Drills 69 Metres Grading 10.1 g/t Gold in the High Grade Panel at Ana Paula

View PDF

Vancouver, Canada – April 23, 2026– Heliostar Metals Ltd. (TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1) (“Heliostar” or the “Company”) is pleased to announce additional results from the ongoing drill program at its 100% owned Ana Paula project in Guerrero, Mexico.

The program aims to convert inferred ounces to higher confidence classifications. It will also support the ongoing Feasibility Study and test the next exploration targets around the Ana Paula deposit.

.

HIGHLIGHTS:

High Grade Panel
- 69.15 m grading 10.09 g/t from 93.0 m
- 43.8 m grading 13.9 g/t from 104.55 m, including 19.85 m grading 22.5 g/t
- 28.95 m grading 11.2 g/t from 163.35 m
- 30.65 m grading 11.3 g/t from 94.0 m, including 14.1 m grading 22.1 g/t
Infill drilling continues to support the conversion of inferred material to higher confidence classifications
Drilling to support the Feasibility Study and exploration of new mineralization is ongoing.

.

Heliostar CEO, Charles Funk, commented,

“Today’s results highlight the unique nature of the High Grade Panel in its ability to consistently return exceptionally high-grade gold over broad intercepts.

“The infill drill program continues to confirm this style of mineralization in portions of the deposit currently in the inferred category. We are on track to upgrade these zones to include them in the mine plan in the 2027 Feasibility Study for Ana Paula.

“Our aim for this study is to expand the nine-year mine life and ~100,000 ounce per year high-margin production profile shown in our November 2025 Preliminary Economic Study.

“Bringing the Ana Paula mine online in 2028 will be a major step forward for achieving Heliostar’s goal of being a 500,000 ounce per year producer by the end of the decade.”

,

Drilling Program

Heliostar has completed 88 holes and 31,184 metres as part of its ongoing 2025-26 drill program at Ana Paula.

The drill program is infilling areas of inferred mineralization currently in the November 2025 Preliminary Economic Analysis mine plan. In parallel, it is also defining additional mineralization near planned underground mine infrastructure through step-out drilling and continuing to explore at depth for down-plunge extensions of mineralization in the Expansion Zone.

Today’s release covers five holes in the High Grade Panel. These holes were drilled as part of an ongoing drill program that continues to expand beyond the planned 28,000 metres of drilling driven by cost efficiency and exploration success. There are fourteen holes from the High Grade Panel area awaiting assay results.

.

To read the full news release please click HERE

.

+++++++

.

..To View Heliostar Metal’s historical news, please click here

.

To read the full news release please click HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Heliostar Metals.

.

To read our full terms and conditions, please click HERE

Kaiser Reef Drilling Results and Exploration Update

Kaiser Reef (ASX: KAU)

Kaiser Reef, a profitable, multi-asset Australian gold producer with operations in Tasmania and Victoria, is pleased to announce drilling results from Porcupine Flat and provide a general exploration update for the Maldon Gold Project.

.

Kaiser Reef Henty Gold mine, Tasmania – Credits Kaiser Reef

.

	Kaiser Reef	ASX : KAU
	Stage	Production, Development, Exploration
	Metals	Gold
	Market cap	A$157 million @ A$0.26
	Location	Victoria, Tasmania
	Website	www.kaiserreef.com.au

.

KAISER REEF DRILLING RESULTS AND EXPLORATION UPDATE FOR THE
MALDON GOLD PROJECT

Kaiser Reef Limited (ASX: KAU) (Kaiser or the Company), a profitable, multi-asset Australian gold producer with operations in Tasmania and Victoria, is pleased to announce drilling results from Porcupine Flat and provide a general exploration update for the Maldon Gold Project.

HIGHLIGHTS

Union Hill Mine Refurbishment Update
New drill platform to be established 250m down decline
Allows targeting of untested sections of Ladies and Eaglehawk Reefs
Extensive preparation work coming to completion, including water tanks, water
treatment system, electrical supply to site, compressed air, radio system, ventilation fan
supply, key mobile equipment refurbishment, explosives supply and storage, fuel and
consumables supply and storage, operating procedures and risk assessments,
geotechnical investigations, recruitment of experienced operators, and items required
for community interaction and environmental monitoring
Planned activity fully permitted
Underground refurbishment and rehabilitation to commence 1st week of May

Drilling planned to commence next quarter in line with the previously published Strategic Plan for Maldon
Tailings Storage Facility (TSF) Sterilisation Drilling Program Results
1090m program completed
Drilling designed to provide geotechnical information for forthcoming TSF expansion as
well as to sterilise area for alluvial and primary gold mineralisation missed by historical
dredging work. Results include:
8m @ 2.99g/t Au from 10m in TSAC_021 (in-situ material)
1m @ 16.99g/t Au from 6m in TSAC_043 (alluvial material)
5m @ 2.71g/t Au from 0m in TSAC_050 (alluvial material)
Potential for RC follow-up drilling of in-situ results

Target Generation Soil Survey Complete
First phase survey complete, nominal 160m x 80m spacing, infill phase subject to results
Survey covers 2.7km2 of prospective land to the north of Maldon where no historical data is currently available
Samples with laboratory; initial results expected in coming weeks
Infill work to define drill targets expected
Resistivity Survey Underway at Nuggetty
Promising initial trial successfully mapped historical voids
Broader survey covering the Nuggetty project area now underway, aiming to more
comprehensively map historical workings in the area
Targeting on ground completion this week

Kaiser’s Managing Director, Brad Valiukas, commented:

“Kaiser is a profitable gold miner with a robust balance sheet and a strong pipeline of exploration and development opportunities.

“We are well-positioned to both capitalise on a strong gold price and add significant further value to our assets with targeted investment.

“Maldon represents a district-scale gold opportunity for Kaiser, with numerous historical mines and lines of working that remain substantially underexplored, despite having historically produced an enviable 1.75moz at 28g/t.

“We are committed to generating the most value from the entire project, and are undertaking works that will both grow the Project as a whole and advance towards expanding production.

“This announcement reflects the breadth of work underway at Maldon — from airborne geophysics to decline refurbishment — with a substantial data compilation programme continuing in parallel.

“Commencement of this comprehensive works program will unlock the district after decades of exploration neglect. Kaiser is in a great position to both continue growing the business organically, such as this work in Maldon, and strengthen the balance sheet to take advantage of inorganic opportunities.”

,

+++++++

To View Kaiser Reef’s current share price and chart, please click HERE

To View Kaiser Reef’s historical news, please click here

.

To read the full news release please click HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Kaiser Reef.

.

To read our full terms and conditions, please click HERE

Ora Banda Drills Exceptional High-Grade Gold at Golden Pole

Ora Banda Mining ASX: OBM)

Pdrovide an update on continued drilling success at its Waihi Project which has expanded the high -grade mineralisation area on the Golden Pole lode.

Exceptional high-grade drill results have accelerated Golden Pole’s inclusion in an updated Mineral Resource and Ore Reserve Estimate for Waihi planned for the June quarter.

.

Ora Banda Drills Exceptional High-Grade Gold at Golden Pole

INFILL DRILLING CONFIRMS GOLDEN POLE’S MINING POTENTIAL

Ora Banda Mining Limited (ASX: OBM) (“Ora Banda”, “OBM”, “Company”) is pleased to provide an update on continued drilling success at its Waihi Project which has expanded the high -grade mineralisation area on the Golden Pole lode.

Following the drilling success at Golden Pole ( 2.2m @ 56.3 g/t, 5.0m @ 13.2 g/t, 3.2m @ 13.9 g/t and 9.0m @ 4.8 g/t )

1 a 22 hole drill program commenced in January 2026. This drilling aimed to infill
and extend mineralisation beneath the historical Golden Pole workings and confirm
mineralisation around the new lode east of Golden Pole .

Exceptional high-grade drill results have accelerated Golden Pole’s inclusion in an updated Mineral Resource and Ore Reserve Estimate for Waihi planned for the June quarter.

Highlights:

• Targeted infill and extensional drilling on Waihi’s Golden Pole Lode 1 has confirmed its
mining potential with thick, high -grade results including (see Figure 3):
o 3.0m @ 44.0 g/t Inc. 2.0m @ 64.6 g/t Golden Pole
o 11.3m @ 10.5 g/t Inc. 2.0m @ 48.2 g/t Golden Pole
o 7.0m @ 16.9 g/t Inc. 3.5m @ 31.3 g/t Golden Pole
o 5.0m @ 23.1 g/t Inc. 2.0m @ 55.0 g/t Golden Pole
o 5.0m @ 15.8 g/t Inc. 2.0m @ 34.6 g/t Golden Pole
o 7.9m @ 8.7 g/t Inc. 1.7m @ 31.4 g/t Golden Pole
o 7.0m @ 5.8 g/t Inc. 1.0m @ 14.1 g/t Golden Pole
o 0.4m @ 80.9 g/t Golden Pole
o 3.0m @ 9.6 g/t Inc. 1.0m @ 19.4 g/t Golden Pole
o 3.0m @ 8.2 g/t Inc. 1.0m @ 10.7 g/t Golden Pole
o 3.0m @ 7.0 g/t Inc. 1.0m @ 15.8 g/t Golden Pole
o 6.0m @ 6.7 g/t Inc. 2.9m @ 12.4 g/t Golden Pole ( 1m Re -splits)
• These results come from 22 holes completed as part of an infill and extension drill
program announced on 15 January 2026.
• In addition to the success at Golden Pole, results were also returned from the last of the
2025 drilling program across the broader Waihi Project , with highlights including:
o 1.9m @ 8.5 g/t Inc. 0.7m @ 19.2 g/t Waihi West
o 1.0m @ 32.9 g/t Waihi East
• The Waihi deposit is located three kilometres west of Ora Banda’s Davyhurst processing plant and is being targeted as a potential third underground mine with a Mineral Resource Estimate update and maiden underground Ore Reserve Estimate scheduled in the June 2026 quarter.

This will include the Golden Pole lode for the first time

The program was highly successful returning several results greater than 100 gram metres ( 3.0m @ 44.0 g/t, 11.3m @ 10.5 g/t, 7.0m @ 16.9 g/t and 5.0m @ 23.1 g/t).

Barton Gold’s First Challenger Assays Return Grades up to 170g/t Au

Barton Gold Holdings (ASX: BGD)

Announced initial assay results from recent drilling at its South Australian Challenger Gold Project.

Highlights included hole CHB0140 9m @ 2.20 g/t Au from 97 metres 1m @ 6.63 g/t Au from 103 metres.

.

Tunkillia drilling – Credits Barton Gold

.

	Barton Gold	ASX: BGD
	Stage	Production, development
	Metals	Gold
	Market Cap	A$256 Million @A$1.07
	Location	South Australia
	Website	www.bartongold.com.au

.

Barton Gold’s First Challenger Assays Return Grades up to 170g/t Au

New zones of high-grade mineralisation identified in open pit walls

Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to announce initial assay results from recent drilling at its South Australian Challenger Gold Project (Challenger).

.
HIGHLIGHTS

• 8,065m reverse circulation (RC) Resource upgrade drilling recently completed at Challenger ‘Main’,
‘Challenger West’ (CW) open pits, and ‘Challenger South-Southwest’ (CSSW) and ‘Challenger 3’ targets
• Challenger’s ‘Main’ open pit operated during 2002 – 2004; drilling has identified new highgrade mineralisation in the open pit’s walls and extensions, where new assays include:

Hole ID Interval Including:
CHB0140 9m @ 2.20 g/t Au from 97 metres 1m @ 6.63 g/t Au from 103 metres
CHB0158 11m @ 5.67 g/t Au from 24 metres
10m @ 17.7 g/t Au from 40 metres
1m @ 50.9 g/t Au from 27 metres
1m @ 170.7 g/t Au from 43 metres
CHB0159 14m @ 1.01 g/t Au from 19 metres
3m @ 4.72 g/t Au from 40 metres
3m @ 2.55 g/t Au from 22 metres
1m @ 11.8 g/t Au from 40 metres
CHB0165 3m @ 6.85 g/t Au from 121 metres 1m @ 15.0 g/t Au from 121 metres
• Further assays pending for the CW open pit, and the CSSW and Challenger 3 open pit targets
• Challenger DFS underway targeting a viable, simplified ‘baseline’ Stage 1 operation to underwrite restart of CGM and maximise Challenger, Tarcoola, Wudinna and Tolmer development optionality.

Challenger is the site of the Company’s fully permitted Central Gawler Mill (CGM). A Definitive Feasibility Study (DFS) is underway targeting an initial 3 – 4 year Stage 1 ‘baseline’ operation utilising only historical higher-grade tailings from tailings storage facility 1 (TSF1) and limited, near-surface materials without disturbing Challenger’s
historical high-grade underground mine, its mineralisation or its infrastructure access.

Commenting on the first Challenger assay results, Barton Managing Director Alexander Scanlon said:

“The Challenger open pit operated from 2002 to 2004, at a time of record low gold prices. Our drilling has been targeting 1-2 g/t Au mineralisation on open pit extensions to provide a source of lower-risk feed for Stage 1 operations.

“We were therefore surprised to find much higher-grade mineralisation than expected – up to 170 g/t Au – in previously unmodelled extensions of mineralisation immediately adjacent to the open pit.

“This mineralisation has not previously been drilled and is not closed off, indicating potential for further extensions and additional near-pit discoveries.

“This kind of on-pit, near-surface mineralisation adjacent to our existing Central Gawler Mill provides ideal low-risk feed to de-risk an operational restart at Challenger. We look forward to sharing further Challenger assays soon.”

.

+++++++

The live Barton Gold share price and chart can be found HERE

..To View Barton Gold’s’ historical news, please click here

.