Cabral Gold (TSX.V: CBR)

Announced results from two additional diamond drill holes at the Jerimum Cima target within the Cuiú Cuiú Gold District, Brazil.

Recent drilling at the Jerimum Cima target at Cuiú Cuiú, returned 9.5m @ 87.4 g/t gold from 173.8m depth including 2.9m @ 285.5 g/t gold from 178.7m.

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Cuiú Cuiú excavation – Courtesy of Cabral Gold

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Ora Banda Mining (ASX: OBM)

Provided an update on its continued exploration success at its high-grade Little Gem Prospect.

The area initially consisted of the Little Gem Prospect on the Little Gem Trend, presenting as a multi-lode system that extended from Riverina to Sunraysia as a strike of 7.5 kilometres.

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ORA BANDA DRILLING EXPANDS LITTLE GEM NEW “SAPPHIRE” TREND DISCOVERED

Ora Banda Mining Limited (ASX: OBM) (Ora Banda”, Company”) is pleased to provide an update on its continued exploration success at its high-grade Little Gem Prospect.

The area initially consisted of the Little Gem Prospect on the Little Gem Trend, presenting as a multi-lode system that extended from Riverina to Sunraysia as a strike of 7.5 kilometres .

The recent discovery of the Sapphire Trend, located 200m east of the Little Gem Trend, has expanded the exploration window for further drilling and potential mineralisation.

Highlights:

• Latest drilling has expanded the Little Gem Prospect’s mineralised envelope to
more than 1,500 metres of strike and 750 metres vertically below surface , with
mineralisation open in all directions.
• Exploration drilling has discovered the Sapphire Trend (200 metres east of Little
Gem Trend) which presents as a new potential lode system.
• Sapphire Trend runs parallel to the Little Gem Trend and is yet to be specifically
targeted in exploration programs, with new results pointing to the growing
significance of it s mineralisation potential
• Drilling at Sunraysia Prospect (3km south of Little Gem Prospect ) on the Little
Gem Trend has identified high-grade lode s (see Figures 3 & 4)
• Ora Banda expects to deliver a Maiden Mineral Resource Estimate on Little Gem
during second half of 2026 . Drilling remains ongoing .
• Recent significant intersections include:

Little Gem Prospect:
o 10.0m @ 6.9 g/t Inc. 2.0m @ 26.9 g/t Little Gem Trend
o 6.0m @ 11.3 g/t Inc. 1.0m @ 60.0 g/t Little Gem Trend
o 20.1m @ 2.9 g/t Inc. 0.8m @ 11.3 g/t Little Gem Trend
o 16.0m @ 3.0 g/t Inc. 1.0m @ 17.2 g/t Little Gem Trend
o 14.9m @ 3.2 g/t Inc. 0.9m @ 11.0 g/t Little Gem Trend

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Little Gem Trend

Drilling has expanded the mineralised envelope at the Little Gem prospect to over 1,500 metres of strike and 750 metres below surface, with mineralisation continuing to remain open at depth and along strike .

Drilling at the Sunraysia Prospect (3km south of the Little Gem Prospect), along this same Little Gem Trend also highlight ed the ongoing growth potential of the broader region, with intercepts identifying high-grade mineralisation including intersections of 9.0m @ 4.1 g/t (inc. 2.0m @ 14.5 g/t) and 3.0m @ 9.3 g/t (inc. 1.0m @ 21.2 g/t). 

This drilling has added a further 800 metres of prospective strike to the Little Gem Trend with the mineralisation yet to be closed to the south.

Sapphire Trend

Step-out drilling has discovered the Sapphire Trend located 200m east of Little Gem with intersections including 18.0m @ 2.7 g/t, 10.2m @ 4.2 g/t and 11.5m @ 2.8 g/t.

The Sapphire Trend runs parallel to the Little Gem Trend and will be a targeted area for the ongoing exploration drilling programs in this region.

Both the Little Gem and Sapphire trend are broad north-south striking mineralised packages that are composed of multiple sub-parallel and sub-vertical gold lodes. The mineralisation geometry remains predictable as the drill spacing reduces and mac ro high grade plunges identified in the drill core mimic those seen at Riverina, approximately 30 degrees to the south.

With +150 drill holes now completed acros the Little Gem Prospect , drilling is continuing and the company is anticipating delivery of a Maiden Mineral Resource during the second half of calendar year 2026.

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Ora Banda’s Managing Director, Luke Creagh, said:

“These outstanding drill results continue to confirm the scale and quality of the Little Gem system with recent gains from exploration step-outs at the Sapphire Trend and Sunraysia Prospect demonstrating the outstanding potential of this area.

“The work we’ve been doing is a reminder of the enormous organic growth potential of our ground, and as part of this, we very much look forward to delivering a maiden Mineral Resource Estimate for Little Gem in the second half of CY26.”

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The full news release can be viewed HERE

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

Ora Banda Mining (ASX: OBM)

Reported a new Mineral Resource of 25.6Mt @ 1.6g/t for 1,330 koz at the Company’s Round Dam deposit – a 964% increase from the previous resource of 125 koz.

The 25.3Mt Round Dam Resource includes 7.1Mt at 1.8g/t for 408 koz in the Indicated category and 18.2Mt at 1.6g/t in the Inferred category.

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ORA BANDA ROUND DAM MINERAL RESOURCE GROWS TENFOLD TO
1.33 MILLION OUNCES

Ora Banda Mining Limited (ASX: OBM) (“Ora Banda”, “Company”) is pleased to report a new Mineral Resource of 25.6Mt @ 1.6g/t for 1,330 koz at the Company’s Round Dam deposit – a 964% increase from the previous resource of 125 koz, following the first phase of an organic growth program set to continue throughout the remainder of FY26.

The 25.3Mt Round Dam Resource includes 7.1Mt at 1.8g/t for 408 koz in the Indicated category and 18.2Mt at 1.6g/t in the Inferred category.

All of the Round Dam Resource is considered suitable for open pit mining and has been calculated with open pit shells that are cash -flow positive at A$5,000/oz and using a cut -off grade of 0.3g/t.

The resource estimate includes drilling up to the end of January, noting that it remains open along strike and at depth, with follow up drilling for both resource extension and category conversion continuing.

The resource uplift at Round Dam provides a substantial boost to the Company’s total global resource position which has increased by 57% to 3.3 Moz – noting that further resource updates are planned to be released for other deposits in mid -2026.

Ora Banda has budgeted to spend $73 million on exploration in FY26 which equates to approximately 330km of drilling.

Ora Banda considers exploration along the Round Dam trend still to be at an early stage.

The 18km long north – south striking mineralised trend runs from Waihi in the north (3.5km from the Davyhurst Mill) to Salmon Gums in the south. Ora Banda began its initial phase of drilling along a 7.5km section of the trend which hosts several existing historical deposits and prospects within this exploration corridor.

Total Davyhurst MRE of 3.3Moz combines the updated Round Dam MRE of 1.3Moz with the Davyhurst MRE as stated on 12 September 2025.

The 2025 MRE for deposits other than Round Dam have not been updated for any mining depletions or additions from any additional FY26 drilling, all of which will be updated in mid -2026.

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Highlights

Ora Banda’s targeted organic growth strategy sees group Mineral Resources
rapidly grow to 3.3 million ounces
• Drilling at Round Dam has expanded the Round Dam Mineral Resource Estimate (MRE) by 964% to 25.6Mt 1.6g/t for 1,330 koz
• The 25.6Mt Round Dam MRE includes 7.2Mt at 1.8g/t for 408 koz in the Indicated category and 18.2Mt at 1.6g/t for 922 koz in the Inferred category
• All of the Round Dam Resource is considered suitable for open pit mining and has been calculated with open pit shells that are cash-flow positive at A$5,000/oz, using a cut-off grade of 0.3g/t
• Round Dam remains open along strike and at depth. Drilling for both resource extension and category conversion is ongoing
• The uplift has increased Ora Banda’s global resource position by 57% to 3.3 million ounces, noting that resource updates are planned to be released for other deposits in mid-2026.

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Ora Banda s Managing Director, Luke Creagh, commented:

“This fantastic result is testimony to the expertise and hard work of our exploration and resource development team s who continue to deliver outstanding results with our $73 million FY26 exploration budget.

“There is no doubt of the scale of the Round Dam system noting there is significant potential to find more mineralization along strike and at depth, supporting our belief in the ability to deliver rapid resource upgrades through our ongoing organic growth programs.

“We are incredibly excited by the potential of Round Dam to become a substantial mining operation, as the Company continues to advance it’s study work into the construction of a standalone ~3mtpa processing facility at Davyhurst.”

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The full news release can be viewed HERE

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

G Mining Ventures (TSX: GMIN)

Announced that the Corporation’s largest shareholder, La Mancha Investments S.à r.l. has elected to exercise its top-up right pursuant to the investor rights agreement between the Corporation and La Mancha that was initially entered into on July 22, 2022, which allows La Mancha to increase its ownership to up to 19.9%.

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The Oko West Gold Project remains on-budget and on-schedule for first gold pour in the second half of 2027 and continues to be fully funded by the Corporation’s balance sheet and cash flow.

The Corporation intends to use the proceeds from the issuance of the Top-Up Shares to reduce reliance on debt pertaining to Oko West Project development, increase exploration efforts, accelerate debt repayment, and for general corporate purposes.

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To read the full news release, please click HERE

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Westgold (ASX / TSX: WGX)

Posted Record half-year results with record production.

The high gold price enabled the company to declare record revenue of A$1.238 billion.

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Beta Hunt Mine at night – Credits Westgold

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Westgold Post Record Half-Year Results

Westgold (ASX / TSX: WGX) posted Record half-year results with record production.

The high gold price enabled the company to declare record revenue of A$1.238 billion.

A corporate presentation featuring the results can be read HERE

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.

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

.To View Westgold’s historical news, please click here

The live gold price can be found HERE

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 Westgold.

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Mining Review 8th March 2026

Catalyst Metals and Ora Banda Mining posted strong H1 results.

Fuerte Metals and Orla Mining advanced their development projects.

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Mining Review 8th March 2026

Mining Review 8th March 2026

Catalyst Metals and Ora Banda Mining posted strong H1 results.

Fuerte Metals and Orla Mining advanced their development projects.

Gold stocks in my portfolio were mainly down as a result of the 2% fall in price of the gold. I am not taking any action, as Charlie Munger once said, “time in the market beats timing the market”.

In my experience that is mainly the case, over time the markets rise, and I have never been good at trying to time trades so sitting and holding is my preferred method of increasing my portfolio value.

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The price of gold fell in US dollar terms, but the UK pound price actually increased as a result of a fall in the value of the pound versus the dollar.

This highlights the store of value offered by gold to investors in a country such as the UK where the government is felt to be running the economy down, and in a way negative to growth and business entrepreneurship.

Silver and palladium took huge hits, dropping 9.95% and 12.16% respectively.

n general this was another week of precious metals volatility, despite the US and Israeli attacks on Iran continuing, and the price of oil rising fast.

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  Caprice Resources Defined a New Targets at Vadrians

  Catalyst Metals Posted Strong Half Year Results

  Ora Banda Mining Reported Record Half Year Results

  Fuerte Metals Awarded a Contract for the Coffee Gold Project’s Northern Access

  Orla Mining Filed an  Updated Technical Report for South Railroad

  Market Review For February 2026 Published

  Mining Review 1st March 2026

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Market Data

Weekly Price Changes

(US$ unless stated)

Click HERE for live Spot Metal Prices 

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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.

.

Caprice Resources (ASX: CRS)

Reported initial results from air core drilling completed at the Island Gold Project.

A total of 161 AC holes systematically tested the easterly banded iron formation (BIF) corridor north and south of the Vadrians deposit.

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Caprice Resources project map – Courtesy of Caprice Resources

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Caprice Resources  – Air Core Drilling Defines New targets at Vadrians

Caprice Resources Ltd (ASX: CRS) (Caprice or the Company) is pleased to report initial results from air core (AC) drilling completed at the Island Gold Project (IGP, Island or the Project).

A total of 161 AC holes systematically tested the easterly banded iron formation (BIF) corridor north and south of the Vadrians deposit.

This area hosts numerous historical gold workings with structural and geological settings analogous to Vadrians.

Results from the first 71 AC holes returned from the southern half of the Island Gold Project, drilled on nominal 200m line x 40-80m on-line spacings, has confirmed anomalous gold across four significant target areas south of Vadrians.

Given the semi-depleted nature of gold in the weathered profile near surface observed at Vadrians broad scale low amplitude AC gold anomalism can be suggestive of the potential for higher grade mineralisation in the fresh rock beneath.

These encouraging new targets will be followed up with deeper reverse circulation (RC) drilling which is currently being planned.

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HIGHLIGHTS

• Air core drilling successfully defines multiple early-stage gold targets south of Vadrians, expanding the potential of the Island Gold system and generating several follow up areas for testing with deeper RC drilling.
• Four priority southern targets delineated, comprising:
– First Light: 200m of anomalous strike associated with northwest cross-cutting structure:
▪ 8m at 1.27 g/t gold from 56m downhole in 25IGAC048
– Evening Star: 250m of anomalous strike directly south of Vadrians:
▪ 4m at 1.41 g/t gold from 44m downhole in 25IGAC018, and
▪ 4m at 1.01 g/t gold from 16m downhole in 25IGAC027
– Eureka: 250m of anomalous strike directly south of Baxter:
▪ 4m at 1.78 g/t gold from 28m downhole in 25IGAC011
– Chicago: 300m of anomalous strike directly south of Evening Star:
▪ 4m at 0.85 g/t gold from 28m downhole in 25IGAC043 where the hole ended in
mineralisation
• Phase 4 drilling is complete, with assays pending for 5 diamond holes including RC pre-collars
and remaining 90 AC holes. Results expected throughout March 2026.
• Follow-up RC drilling is underway, targeting northern strike extensions and depth continuity
at Vadrians. Assays pending.
• Further air core drilling currently being planned to test additional high-priority targets
identified through gravity and magnetics.

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To read the full news release please click HERE

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The latest Caprice share price and chart can be viewed HERE

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

The live gold price can be found HERE

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

.

Catalyst Metals (ASX: CYL)

Reported its financial results for the half-year ended 31 December 2025.

Catalyst’s record half-year result was driven by a strong operating performance at Plutonic, with December quarterly production being the highest recorded under Catalyst ownership.

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Catalyst Metals Financial Results Half-year ended 31 December 2025

Catalyst Metals Limited (Catalyst or the Company) (ASX:CYL) is pleased to report its financial results for the half-year ended 31 December 2025.

Catalyst’s record half-year result was driven by a strong operating performance at Plutonic, with December quarterly production being the highest recorded under Catalyst ownership.

These operating results and a realised gold price of A$5,855/oz (FY2025 H1: A$3,817/oz) saw revenue from Plutonic increase by 50% to A$267m (FY2025 H1: A$178m).

Net operating cashflows of A$134m (FY2025 H1: A$89m excluding Henty Gold Mine) were largely re-invested into exploration and progressing the development of Trident and K2. These are the third and fourth, of five mines, to be developed on the Plutonic Gold Belt as part of Catalyst’s organic growth strategy of increasing annual production to ±200koz of gold.

Catalyst ended the year with A$338m in liquidity, comprising cash and bullion of A$238m and an undrawn A$100m debt facility.

Highlights

• Net profit before tax from continuing operations of A$130m (before one-off legal
settlement cost of A$49m) vs A$63m in prior half-year
• EBITDA of A$145m vs A$76m in prior half-year
• Net profit after tax and extraordinary items of A$60m vs A$43m in prior half-year
• Gold sales of 45,586oz at a realised price of A$5,855/oz compared to 46,746oz3 sold at A$3,817/oz in the prior half-year
• Sales revenue was A$267m vs A$178m in prior half-year
• The half-year to 31 December can be characterised as follows:
• Catalyst’s first two years of Plutonic ownership concluded at 1 July 2025 – the
beginning of this reporting period. These first two years were focussed on
stabilising operations, building a team, growing mine lives, readying projects for
their development and clarifying the path to ±200koz pa
• The six months commencing 1 July 2025 was a period of capital investment to
commence the path to 200koz pa and as such Catalyst secured its financial position
in May 2025 by raising A$250m of capital
• As a consequence, cash at bank has remained stable with operating cashflows reinvested into the following activities:
• Completion and ramp-up of Plutonic East;
• Advancing K2’s underground development;
• Development of the Trident open-pit;
• Exploration drilling to double Reserves on the Plutonic Belt to 1.5Moz1,2 of gold;
and
• De-risking future operations at Plutonic Main by improving the dewatering and
electrical infrastructure.

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To read the full report please click HERE

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

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

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

.

To read our full terms and conditions, please click HERE

Ora Banda Mining (ASX: OBM)

Reported record revenues of Record revenues of $ 336.3 million (H1 FY2 5: $186.4 million ) for the half -year ended 31 December 2025, a period during which the Group generated $18 4.0 million in operating cash flows.

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Site View – Courtesy of Ora Banda Mining

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Ora Banda Mining – December 2025 – Half Year Results

Ora Banda Mining Ltd (ASX: OBM) (“Ora Banda”, “Company”) is pleased to report on the financial and operating activities of the Company and its subsidiaries (“Group”) for the half -year ended 31 December 2025 – a period during which the Group generated $18 4.0 million in operating cash flows, which continues to be reinvested in the Group ’s growth projects.

H1 FY2 6 Highlights:

• Record revenues of $ 336.3 million (H1 FY2 5: $186.4 million )
• EBITDA1 increased by 106% to $ 173.2 million
• Net Profit after Tax (NPAT) increased 89% to $ 96.3 million , including a $ 43.8 million (non -cash) tax expense in the current period (H1 FY25: nil)
• Cash flow from Operations increased 102% to $184.0 million
• Closing cash of $ 155.4 million (June 202 5: $84.2 million ), up $ 71.3 million
• Record six monthly gold sold of 62,583 oz (including attributable equivalent ounces) (H1 FY25 : 47,824oz)
• Sand King Underground achieved capital payback 12 months after establishing portal
• Put options executed during the period provides coverage over 150koz at A$6,000 exercise price over periods of January – June 2026 and October 2026 – October 2027

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The full news release can be viewed HERE

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

Fuerte Metals (TSX.V: FMT)

Announced the award of the construction contract for the Northern Access Route, which will connect the Company’s flagship Coffee Gold Project to the City of Dawson and the Yukon highway network.

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Fuerte Metals Awards Contract for the Coffee Gold Project’s Northern Access Route Construction

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Orla Mining (TSX: OLA; NYSE: ORLA)

Announced that the Company has filed an updated independent technical report for South Railroad prepared in accordance with National Instrument 43-101.

The South Railroad Gold Project is located in Nevada, USA, and forms a part of the Company’s larger South Carlin Complex land package on the prolific Carlin Trend.

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Market Review February 2026 published

City Investors Circle Market review for February 2026 has been published.

The highlighted company is Tajiri Resources.

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Yono project location map – Courtest of Tajiri Resources

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City Investors Circle Market Review January 2026 published

Precious metals recovered after last month’s flash crash, with geopolitical tensions one of the drivers, dollar debasement being one of the others. Gold recovered and finished the month strongly.

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The highlighted company this month is minnow Tajiri Resources, located in Guyana.

The Yono project is sandwiched between G2 Goldfields Oko project, and G Mining Ventures‘ Oko West projects, within 90 metres of confirmed gold mineralisation.

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Minerals 260 announced a $220 million investment by Franco Nevada into the Bullabulling gold project near Kalgoorlie in Western Australia.

Heliostar announced the first gold pout at the San Augustin mine in Mexico, and Lefroy Exploration commenced mining at the Lucky Strike gold mine in Western Australia.

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To read the February 2026 Market Review, please click HERE.

To receive future issues of the Market Review and invitations to our free to attend mining presentations, please email andrew@city-investors-circle.com

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Archive of February’s news releases is listed below, click the link to be taken to the full story.

  West Red Lake Gold Reportsed219.73 g/t Au over 4.8m

  Lahontan Drilled High-Grade Oxide Gold From Surface at West Santa Fe

  Pacgold Reported High-Grade Gold in White Dam Drilling Results

  Lefroy Produced First Gold From the Lucky Strike Gold Mine

  Minerals 260 Announced Franco-Nevada$220 million Funding

  Benz Mining Accelerates The Glenburgh Growth Story

  Mining Review 22nd February 2026

  Orla Mining Released Positive Camino Rojo Underground PEA

  West Red Lake Gold Intercepted 84.3 g/t Au over 1m at Rowan

  Catalyst Metals Reported High-Grade Gold At Old Highway

  Horizon Minerals Halted for “Significant Capital Raise”

  Kaiser Reef Outlined a Strategic Plan For Henty and Maldon Gold Mines

  Minerals 260 Reported a 7m @ 12.7 g/t Au Intersect at Bullabulling

  Mining Review 15th February 2026

  Horizon Minerals Gold Mineral Resource Update

  Caprice Resources Discovered High-Grade Gold Veins at Vadrians

  Lefroy Commencesd Gold Mining at Lucky Strike

  Initiating Coverage Tiernan Gold

  Western Gold Prepares For Imminent Production

  Equinox Gold Reported Significant New AI-Supported Gold Discovery

  Mining Review 8th February 2026

  Heliostar Celebrated First Gold Pour from San Agustin Mine Restart

  Caprice Resources Reported high Gold Grades at Island

  Heliostar Files Prefeasibility Study for Cerro del Gallo Project

  Barton Gold Began The 2026 Tunkillia Drilling Program

  Ora Banda ReportsedExceptional Drilling Results at Round Dam

  Market Review January 2026 

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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 may hold shares in some or all of the companies mentioned

.

Mining Review 1st March 2026

Minerals 260 announced an investment of $220 million by Franco Nevada.

West Red Lake Gold Mines reported a high-grade gold intercept of 4.9 metres of 219.73 gpt gold.

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Drill core sample – By permission of West Red Lake Gold Mines.

City Investors Circle Mining Review 1st March 2026

Minerals 260 announced an investment of $220 million by Franco Nevada.

West Red Lake Gold Mines reported a high-grade gold intercept of 4.9 metres of 219.73 gpt gold.

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News from our other tier 1 and 2 watchlist companies is pasted below, click on the link to be taken to the full story.Archives

  West Red Lake Gold Reported 219.73 g/t Au over 4.8m

  Lahontan Drilled High-Grade Oxide Gold From Surface at West Santa Fe

  Pacgold Reported High-Grade Gold in White Dam Drilling Results

  Lefroy Exploration Produces First Gold From the Lucky Strike Gold Mine

  Minerals 260 Announced a Franco-Nevada$220 million Funding

  Benz Mining Accelerates The Glenburgh Growth Story

  Mining Review 22nd February 2026

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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

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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.

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Disclosure

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

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West Red Lake Gold Mines (TSX.V: WRLG) 

Reported drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.

The results from Austin 904 Complex and South Austin presented in this update were all drilled from stations on the 13 Level of the Madsen Mine at approximately 650m depth.

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Drill core sample showing visible gold – Courtesy of West Red Lake Gold Mines Ltd.

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Lahontan Gold Corp. (TSX.V: LG)

Announced the final analytical results fromthe 2025 maiden drilling program at the Company’s satellite West Santa Fe project, located only 13 km from Lahontan’s flagship asset, the Santa Fe Mine project, in Nevada’s prolific Walker Lane.

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Project vista – Courtesy of Lahontan Gold

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LAHONTAN DRILLS HIGH GRADE OXIDE GOLD FROM THE SURFACE AT WEST
SANTA FE: 37m GRADING 3.11 g/t Au Eq INCLUDING 11m GRADING 5.75 g/t Au Eq

Toronto Ontario, February 24, 2026 – Lahontan Gold Corp. (TSX.V: LG, OTCQB:LGCXF, FSE:Y2F) (the “Company” or “Lahontan”) is pleased to announce the final analytical results from our 2025 maiden drilling program at the Company’s satellite West Santa Fe project, located only 13 km from Lahontan’s flagship asset, the Santa Fe Mine project, in Nevada’s prolific Walker Lane.

The assay results are from the final reverse-circulation rotary (“RC”) drill are summarized below:
• WSF25-04R: 36.6 metres (0.0 – 36.6m) grading 3.11 g/t Au Eq including 10.7 metres (1.5 – 12.2m) grading 5.75 g/t Au Eq from the surface, all oxide.

The drill hole emphasizes the high gold and silver grades associated with the South Zone at West Santa Fe.

– Also included in the intercept is a second high grade zone: 12.2m (22.9 – 35.1m) grading 3.67 g/t Au Eq.

– The grade and geometry of these intercepts correlate well with adjacent historic drill holes, further validating the historic drill hole database. Numbers may not total precisely due to rounding.

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

“The robust assay results from WSF25-04R confirm the high-grade core of the South Zone as defined by historic drilling and underground mine workings.

 

“We are continuing to model the West Santa Fe system to better understand the geology and geometry of gold and silver mineralization. The geologic team is also fine-tuning a followup RC drilling campaign to commence in Spring.

 

“Previous field work, including geologic mapping, rockchip sampling, and airborne magnetic surveys, confirms that the hydrothermal system at West Santa Fe extends at least 1,000 metres east of the main zone of gold and silver mineralization defined by Lahontan and historic drilling (please Lahontan Gold press release dated June 18, 2024).

 

“This possible extension of the main mineralized zone, plus untested down-dip extensions of gold and silver mineralization, will be the key targets of the Spring drilling campaign.

 

“West Santa Fe continues to be an exciting new exploration target for the Company, one with excellent potential to add important shallow, oxide gold and silver resource ounces to Lahontan’s mineral resource ledger.”

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Pacgold (ASX: PGO)

Announced positive high-grade gold results of the drilling programme designed to expand and upgrade the JORC 2012 Mineral Resource Estimate published in 2020 on the Company’s 100% owned White Dam Gold Project, 80km east of Broken Hill in South Australia.

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White Dam project photos – Courtesy of Pacgold Ltd.

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Pacgold Reports High-Grade Gold in Initial White Dam Resource Drilling Results

Resource drilling continuing to May and second rig on site for Heap Leach testwork

Pacgold Limited (ASX: PGO) (‘Pacgold’ or ‘the Company’) is pleased to announce the initial results of the drilling programme designed to expand and upgrade the JORC 2012 Mineral Resource Estimate (MRE) published in 2020 on the Company’s 100% owned White Dam Gold Project (‘the Project’), 80km east of Broken Hill in South Australia’s Olary Province.

HIGHLIGHTS

 WHITE DAM RESOURCE DRILLING PROGRAMME RAPIDLY ADVANCING – Reverse Circulation (RC) drilling to upgrade the Vertigo Mineral Resource Estimate (MRE) is 85% complete with 123 holes for 8,003m completed.

The drilling rig will then move to the Hannaford Pit, followed by White Dam North and Rolling Prospects.
 INITIAL ASSAY RESULTS CONFIRM HIGH GRADE GOLD AND STRONG CONFORMITY WITH MRE BLOCK MODEL – Infill RC drilling has been undertaken over a strike length of 500m at Vertigo to infill and upgrade the shallow gold mineralisation, with results strongly underpinning an anticipated MRE upgrade, including:
VRC001: 15m @ 1.6g/t Au and 0.48% Cu from 56m
incl. 1m @ 4.4g/t Au and 1.2% Cu from 60m
and 4m@ 2.9g/t Au and 0.79% Cu from 62m

 SECOND RIG ON SITE TO UNDERTAKE DRILLING FOR METALLURGICAL TESTWORK ON HEAP LEACH PAD – A Sonic rig is now onsite and will begin work on drilling out the existing Heap Leach pad for metallurgical testwork and grade estimation on the remaining ore.

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Pacgold’s Managing Director, Matthew Boyes, commented:

“Our exploration and development teams are rapidly advancing with resource drill-outs. Concurrently, we are looking to firm up potential shallow, low-cost, and easily accessible ore.

 

“By bringing this ore forward in our mine optimisation and schedules, we can help reduce early working capital requirements while we strip back the main pits at Vertigo and Hannaford to access these primary orebodies.

 

“Once each pit has been drilled to our satisfaction, new resource models and pit optimisation studies will be completed.

 

“The Company is targeting early Q3 2026 to finalise this work. Subsequently, we can move forward with our permit submissions to mine the White Dam North resource and expand the footprint of the existing Hannaford and Vertigo pit operations.

 

“2026 has commenced with the team successfully meeting all our goals. With the pad now under irrigation and the re-crush of the final lift set to begin this quarter, we are consistently hitting all our operational milestones.

 

“We look forward to achieving our first production as we continue the rapid transition from explorer to producer.”

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To read the full news release, please click HERE

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

Lefroy Exploration (ASX: LEX)

Reported on the Company’s first gold production from the Lucky Strike Gold Mine near Kalgoorlie in Western Australia.

The Lucky Strike Gold Deposit contains an MRE of 1.27Mt @ 1.95 g/t Au for 79,600 ounces (Indicated 0.70Mt @ 1.93 g/t Au for 43,400 oz. Inferred 0.57Mt @ 1.97 g/t Au for 36,200 oz).

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Drilling at Lucky Strike – Credits Lefroy Exploration Ltd.

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Lefroy Reports First Gold Produced from the Lucky Strike Gold Mine

23 February 2026

Lefroy Exploration Limited (“Lefroy” or “the Company”) (ASX: LEX) is pleased to report on the Company’s first gold production from the Lucky Strike Gold Mine near Kalgoorlie in Western Australia.

The Lucky Strike Gold Deposit contains an MRE of 1.27Mt @ 1.95 g/t Au for 79,600 ounces (Indicated 0.70Mt @ 1.93 g/t Au for 43,400 oz. Inferred 0.57Mt @ 1.97 g/t Au for 36,200 oz).

HIGHLIGHTS

• Toll milling campaign for the Lucky Strike Gold Mine well underway.
• First three gold doré bars shipped to the Perth Mint Refinery for completion of
final refining.
• Additional stocks of ore at both the Lucky Strike and mill ROM pads for
processing at the FMR Greenfields plant in Coolgardie
• The first toll milling campaign is scheduled to be completed towards the end of
February.
• Additional toll-milling capacity for the Lucky Strike Gold project is being
negotiated with further announcements imminent.

LEFROY CEO, GRAEME GRIBBIN, COMMENTED:

“Production of our first gold doré bars from the Lucky Strike Gold Project is a culmination of 10 years hard work by past and present Lefroy employees and management, from early exploration efforts, formulation of the first mineral resource estimate, through to more recent collaborations with BML ventures to facilitate funding and commencement of first production.”

 

“Together with past and present shareholders and investors of Lefroy, whose funding and support have made this possible, I am pleased that the Company is now on the brink of delivering significant value to current shareholders, not just from Lucky Strike, but through realising value from our 1million ounce gold resource base across the broader Lefroy Project.”

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To read the full news release, please click HERE

 

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

To View Lefroy Exploration’s historical news, please click here

The live gold price can be found HERE

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 Lefroy Exploration

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Minerals 260 (ASX: MI6)

Announced that it has signed a $220 million strategic funding package with Franco-Nevada Corporation to accelerate and de-risk the development of the 4.5Moz Bullabulling Gold Project, located 65km from Kalgoorlie in Western Australia.

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Bullabing Gold Project – Courtesy of Minerals 360

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MInerals 260 Announce $220 million Strategic Funding Agreement with Franco-Nevada to Accelerate The Development of the Bullabulling Gold Project

Minerals 260 Limited (ASX:MI6) (“Minerals 260” or “the Company”) is pleased to announce that it has signed a $220 million strategic funding package with Franco-Nevada Corporation (“Franco-Nevada”) to accelerate and de-risk the development of the 4.5Moz Bullabulling Gold Project (“Project”), located 65km from Kalgoorlie in Western Australia.

(Unless otherwise stated, all dollar values are in Australian dollars.)

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Highlights

• Franco-Nevada’s wholly-owned subsidiary, Franco-Nevada Australia Pty Ltd, will pay $170 million in exchange for increasing its total royalty over the Project to 2.45% (currently a 1.00% royalty exists over certain Project tenements).
• Franco-Nevada will also invest $50 million by subscribing for 111,111,111 fully paid ordinary shares (“Shares”) in Minerals 260 at an issue price of 45 cents per share, a 7% premium to Minerals 260’s last closing price. Franco-Nevada will hold 4.9% of shares on issue following this investment.
• Funding secured on highly attractive terms, validating the quality of Bullabulling as one of Australia’s leading gold development projects.
• Represents the largest ever investment in Australia by Franco-Nevada following extensive due diligence completed on the resource, metallurgy, hydrology, project development and permitting.
• Transformational funding package for Minerals 260 by securing significant funds ahead of the completion of the Pre-Feasibility Study (“PFS”) and de-risks the outlook for future Project financing.
• Funds will be used to accelerate and de-risk the development of Bullabulling. Construction of an initial 400-room village, procurement of long lead items, commencement of site early works, commencement of DFS activities and expansion of the drilling program will all be accelerated.

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Management Comments

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Minerals 260 Managing Director, Luke McFadyen, commented:

“This is a fantastic outcome for Minerals 260 and our shareholders.

 

“Securing a $220 million funding package with the world’s leading gold royalty company at this early stage of Bullabulling’s development is a major endorsement of the project and a milestone that will allow us to accelerate the Project towards production, expand our exploration strategy and de-risk our funding pathway.

 

“Franco-Nevada is an existing royalty holder and expanding our relationship with this financing is highly value accretive relative to other available funding options.

 

“Their extensive due diligence across all areas of the Project validates Bullabulling as one of the leading gold projects in Australia.”

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To read the full news release please click HERE

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

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.To View Minerals 260’s historical news, please click here

The live gold price can be found HERE

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 Minerals 260

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Benz Mining (TSX.V: BZ, ASX: BNZ)

Reported on exploration activities and planned work at the Glenburgh Gold Project, Western Australia.

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Glenburgh project map – Courtesy of Benz Mining.

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Benz Mining Corp (TSXV: BZ, ASX: BNZ) (“Benz” or the “Company”) is pleased to report on exploration activities and planned work at the Glenburgh Gold Project, Western Australia.

HIGHLIGHTS:

▪ Funded to accelerate Glenburgh exploration through 2026
▪ A$94 million pro forma cash following the recent A$75 million bought deal
▪ 2025 geological work has transformed Glenburgh into a coherent district-scale system
▪ The granted Mining Lease is now resolved into three major gold camps, each large enough to be a substantial gold project in its own right
▪ 2026 drilling to be executed across all three camps:
▪ Hurricane Camp (Hurricane, Zone 102, Zone 126, NE3): high-grade growth drilling
and targeting the next Zone 126-style discovery
▪ Icon Camp (Icon, Tuxedo, Apollo, Mustang, Shelby): systematic testing of the
>3km Icon trend to approximately 300–500m, supporting bulk-tonnage scale
open-pit potential
▪ Thunderbolt Camp (Torino, Thunderbolt): new exciting growth front for Benz – firstpass drilling planned to approximately ~500m, following limited historical drilling to
<100m
▪ Thunderbolt introduced as a third camp-scale opportunity on the Mining Lease.

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Benz CEO, Mark Lynch-Staunton, commented:

“Glenburgh has reached a genuine inflection point.

 

“Over the past 12 months, Benz has done the hard technical work required in high-grade metamorphic terrain – integrating drilling, mapping and structural interpretation – to move Glenburgh from a set of historical prospects into a coherent geological system that can now be targeted systematically.

 

“The standout outcome is Thunderbolt – a new camp-scale opportunity on the Mining Lease that has been largely overlooked historically due to shallow transported cover and limited drilling.

 

“We believe it sits within the same geological architecture as the outcropping camps, and we are genuinely excited by the scale of the opportunity it represents as a new growth front for the project.

“With A$94 million pro forma cash, Benz is funded to move fast, with >250,000 metres of drilling planned in 2026 across exploration and resource definition.

 

“This program will accelerate drilling across the Mining Lease, expand regional target generation across the broader district trend, and progress scoping-level work in parallel.

 

“Glenburgh has an advanced permitting position and extensive historical feasibility-level studies, giving us a strong foundation to build on as the resource grows.”

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To read the full news release please click HERE

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The live gold price can be found HERE

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 Benz Mining.

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Orla Mining  (TSX: OLA)

Announced positive results of a Preliminary Economic Assessment for the underground project at its Camino Rojo Mine located in Zacatecas, Mexico.

The PEA evaluates the technical and economic potential of a stand-alone, underground development project beneath the existing Camino Rojo open pit operation.

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Orla Mining heap leach pad, Solution pond, and Merrill-Crowe plant – Credits Orla Mining Ltd.

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	Orla Mining	TSX : OLA
Stage	Development
Metals	Gold
Market cap	C$6.67 billion   @ C$22.58
Location	Mexico + Nevada + Canada
Website	www.orlamining.com

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Orla Mining Release Positive Camino Rojo Underground PEA 

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–Jason Simpson, Orla’s Chief Executive Officer said’,