Catalyst Metals (ASX: CYL)

Reported quarterly gold production from the Plutonic Gold Belt of 31,812oz.

Gold production for the FY26 year was 104koz which is in line with the Company’s guidance range of 100,000oz to 110,000oz.

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Plutonic Gold Mine at night – Courtesy of Catalyst Metals

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,

Catalyst Metals FY26 Production Update

Record quarterly and annual gold production for the Plutonic Gold Belt under
Catalyst ownership 

Catalyst Metals Limited (Catalyst or the Company) (ASX:CYL) is pleased to report quarterly gold production from the Plutonic Gold Belt of 31,812oz.

Gold production for the FY26 year was 104koz which is in line with the Company’s guidance range of 100,000oz to 110,000oz.

.Highlights

• Quarterly gold production of 31,812oz
• Annual gold production of 104koz, in line with FY26 guidance of 100–110koz
• Highest quarterly and annual gold production at Plutonic since 2013 under Barrick’s
ownership
• Production sourced from four mines across the Plutonic Gold Belt – Plutonic Main,
Plutonic East, Trident open pit and K2
• Cash and bullion at 30 June of A$323m, a A$46m increase since 31 March and A$85m increase in the six months to 30 June 2026 (after exploration, capital and corporate expenditure)
• Catalyst is debt free – undrawn debt facility of A$100m provides liquidity of A$423m

Catalyst’s management commented:

“Delivering +30koz, within our FY26 guidance range, reflects a year of consistent operating performance across the Plutonic Gold Belt.

 

“Three years’ ago, Plutonic was producing 15koz per quarter. This quarter we achieved ~30koz, – a doubling of production under Catalyst’s ownership and a pleasing milestone for those that have been with us on the journey.

 

“With the Trident gold deposit’s development progressing well, its expected production contribution of ~15-20koz gold per quarter is looking increasingly likely.”

Production update

Production during the quarter was sourced from four mines across the Plutonic Gold Belt – Plutonic Main, Plutonic East, the Trident open pit and K2 underground.

Ore sourced from Plutonic East and K2 is working well under the hub and spoke model.

K2’s progress from development into ore production occurred during the quarter.
Commercial production from the mine appears to be tracking as forecast with grade
reconciliations, ground conditions and other key operating metrics as expected.

Recoveries may be higher than forecast with further work required to understand this.

Open pit ore sources from Trident are also processing at higher recovery rates.

Should K2’s development continue as expected, it would become the third deposit
developed on time and budget by Catalyst within its three-year ownership of the Plutonic Belt.

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

Lahontan Gold (TSX.V: LG)

Provided an update on mine development and exploration activities at its flagship Santa Fe Mine Project located in mining friendly Nevada’s Walker Lane.

Highlights include an updated MRE expected within weeks, and a revised PEA targeted for completion by the end of August 2026.

.

Santa Fe vista – With kind permission of Lahontan Gold

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LAHONTAN PROVIDES SANTA FE MINE DEVELOPMENT and EXPLORATION
UPDATE

Toronto Ontario, June 30, 2026 – Lahontan Gold Corp. (TSXV:LG, OTCQB:LGCXF, FSE:Y2F) (the “Company” or “Lahontan”) is pleased to provide an update on mine development and exploration activities at its flagship Santa Fe Mine Project located in mining friendly Nevada’s Walker Lane.

Highlights:

• Updated MRE expected within weeks.
• Revised PEA targeted for completion by the end of August 2026.
• 87 drill holes (7,751 m) completed year-to-date.
• New Slab West discovery remains open in all directions.
• Historic heap leach pad drilling underway to evaluate potential reprocessing

The mine permitting team continues to make timely progress on the waste rock geochemical characterization program and ground water modeling, part of the Nevada state mine permitting process.

The preparation of an updated Mineral Resource Estimate (“MRE”) for Santa Fe is nearly complete, a crucial step in developing an open pit mine plan for the restart of gold and silver production at the project.

With an updated MRE, the Company will also complete a revised Preliminary Economic Assessment (“PEA”), which will include detailed description of key mine infrastructure including heap leach pads, open pits, and locations for waste rock storage.

With the PEA in hand, the Company will be able to submit a Mine Plan of Operations (“MPOO”) to the Federal Bureau of Land Management (“BLM”).

Despite the fluid nature of Federal and State mine permitting, Lahontan remains on track for breaking ground at the Santa Fe Mine Project in 2027.

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

“The pace of activity at Santa Fe continues to accelerate:

 

“We are advancing permitting activities, making new gold and silver discoveries, while evaluating the economic potential of reprocessing the historic heap leach pads,
potentially producing very significant and low-cost recoverable ounces.

 

“Lahontan has completed 87 drill holes totaling 7,751 metres so far in 2026 with more to come.

 

“We remain on track to break ground in 2027:

 

“The Santa Fe Mine is a classic brownfields restart, leveraging existing infrastructure and technical knowledge allowing us to restart production at lower capital cost, on a shorter development timeline, and with a substantially lower execution risk than a comparable greenfield project, benefiting all stakeholders.”

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Lefroy Exploration (ASX: LEX)

Announced that the Scoping Study for its 100%-owned Mt Martin Gold Project has commenced,. The Mt Martin Gold deposit is located in the Location 45 freehold property within the Eastern Goldfields of Western Australia.

The Mt Martin Gold Deposit contains an MRE of 9.1Mt @ 1.6 g/t Au for 460,000 ounces of gold.

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Lafroy Exploration drill crew, Western Australia – Courtesy of Lefroy Exploration

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Lefroy Mt Martin Scoping Study Commences

30 June 2026

Lefroy Exploration Limited (“Lefroy” or “the Company”) (ASX:LEX) is pleased to announce that the Scoping Study for its 100%-owned Mt Martin Gold Project has commenced, with the Measured Group engaged to lead and coordinate the Study.

The Mt Martin Gold deposit is located in the Location 45 freehold property within the Eastern Goldfields of Western Australia.

The Mt Martin Gold Deposit contains an MRE of 9.1Mt @ 1.6 g/t Au for 460,000 ounces
(Indicated 3.9 Mt @ 1.60 g/t Au for 200,500 oz. Inferred 5.2 Mt @ 1.6 g/t Au for 259,500 oz).

(For full details please refer to ASX release 5 May 2026).

.
HIGHLIGHTS

• Lefroy Exploration has commenced a Scoping Study for its 100%-owned Mt
Martin Gold Project, with the Measured Group appointed to lead and
coordinate the study.
• The Scoping Study follows the recently announced updated high-grade Mt
Martin Mineral Resource Estimate of 9.1Mt @ 1.6g/t for 460k oz of gold.
• The Company’s recent $3.6 million placement provides funding to accelerate
Mt Martin evaluation activities and progress key technical studies.
• The Study will assess potential development scenarios, including open pit
mining options, processing strategies, infrastructure requirements and project
economics.
• The Study forms part of Lefroy’s broader strategy to advance its compelling
gold portfolio, comprising greater than 1 million ounces of JORC compliant
Mineral Resources across its projects, and establish pathways to value
creation.
• At the Lucky Strike Operations our mining partner BML received approvals to
expand dewatering capacity, with grade control drilling followed by mining to
resume in the first half of the September quarter.

.

LEFROY MANAGING DIRECTOR, GRAEME GRIBBIN, COMMENTED:

“The commencement of the Mt Martin Scoping Study represents a significant milestone for Lefroy as we continue advancing our portfolio of high-grade gold assets.

 

“With a significant mineral resource base exceeding 1 million ounces of contained gold, the Company is establishing a strong platform for future growth and value creation.

 

“The Mt Martin Scoping Study will provide Lefroy with the technical and economic understandings required to make informed decisions regarding the future advancement of the Project and assess its potential pathway towards development and production.

 

“This study, coupled with pending assay results from the recently completed resource extension drilling at Mt Martin and the eventual profit share distribution from Lucky Strike, sets the Company on an exciting pathway for growth.”

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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

.

Market Review June 2026 published

The highlighted company is Errington Metals.

The main news concerned G2 Goldfields’ shareholders approving the combination with G Mining Ventures and the spinout of newco G3.

.

.

City Investors Circle Market Review June 2026

The highlighted company is Errington Metals.

lisker Resources, Canadian company focused on the Bralorne Gold Proejct, a district-scale gold belt in British Columbia.

The company have started the Mustang Mine on a low capex model, and is using ore sorting and producing its first gold and trucking for toll-milling or off-take shipping. The company is now targeting its Olymous Mine at its second mine.

Talisker have a structured plan to raise production over a number of steps in the next five years.

+++++++

The main news concerned G2 Goldfields‘ shareholders approving the combination with G Mining Ventures and the spinout of newco G3.

This creates a major gold producer in the Oko region of Guyana, and gives G3 shareholders  the exploration licences of G2 in a prolific gold region. This is a fantastic opportunity to create further shareholder valua in the longe term.

+++++++

Other significant news in the Review included,

 Equinox Gold Secures Land Access Agreements at Los Filos Mine

This is huge news for Equinox Gold, as Los Filos in one of the world’s largest gold mines, and this agreement allows for the restart of the mine and further exploration of this prolific area.

To read the June 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 June’s news releases is listed below, click the relevant link to be taken to the full story.

  Ramelius Sell Edna May to Forrestania for $300 million

  Mining Review 28th June 2026

  Equinox Gold Secures Land Access Agreements at Los Filos Mine

  Minerals 260 Bullabulling resource update on track as drilling extends mineralisation at depth

  Benz Defines Maiden Gold Exploration Target at Glenburgh

  New Murchison Gold Updated MRE for Garden Gully

  Cabral Gold Drills a Significant New Mineralized Zone

  Altair Announce Appointment of Specialist Advisor – Dr Sonia Scarselli

  Mining Review 21st June 2026

  Benz Confirms Free Milling Gold with High Recoveries at Icon

  Heliostar to Expand La Colorada with Strong Drill Results and Permits

  Silver Storm Receives La Parrilla Surface Drilling Permits

  G2 Goldfields Shareholders Approve Transaction With G Mining Ventures

  Barton Gold to Expand Tunkillia Phase 2 Upgrade Drilling

  Minerals 260 Commences Early Construction and Development Activities at Bullabulling

  Mining Review 14th June 2026

  Initiating Coverage of Errington Metals

  Silver Storm Celebrates First Silver Pour at La Parilla

  Lahontan Drills 91m At 0.43 g/t Au And Discovers a New Gold Zone

  Minerals 260 Continues To Grow Its Resource

  Omai Gold Drills 8.54g/t Au over 20.6m at Northeast Wenot

  Fuerte Metals Announces Name Change To Talamore Mining Corp.

  Mining Review 7th June 2026

  Orla Mining Blockade Dispute Over, workers Return

  Caprice Resources – High-Grade Gold Growth at The Island Gold Project

  Pacgold to Demerge Its Queensland Assets

  Ora Banda DRIVE to 300 aspiration To Double Production

  Orla’s Share Price Falls as Mine Blockaded in Worker Dispute

  Market Review May 2026

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

.

Ramelius Resources (ASX: RMS)

Advised that it has entered into a binding agreement with Forrestania Resources Limited (ASX: FRS) for the sale of the Edna May Gold Hub, including processing infrastructure and regional satellite tenements, for total consideration of $300 million in upfront cash and Forrestania shares.

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.

.

Ramelius Sell Edna May to Forrestania for $300 million

Ramelius Resources Limited (ASX: RMS) (“Ramelius” or the “Company”) is pleased to advise that it has entered into a binding agreement with Forrestania Resources Limited (ASX: FRS) (“Forrestania”) for the sale of the Edna May Gold Hub, including processing infrastructure and regional satellite tenements (“Edna May”), for total consideration of $300 million in upfront cash and Forrestania shares (“Transaction”).

The Transaction is consistent with Ramelius’ disciplined approach to portfolio optimisation and capital allocation, realising significant value for Edna May while retaining exposure to potential upside.

Transaction details

Under the Share and Asset Purchase Agreement (“SAPA”), Ramelius has agreed to sell Edna May to Forrestania for $3002 million total consideration comprising a mix of $200 million in upfront cash and $100m in Forrestania shares. The shares will be subject to 18 months escrow, and a further six months orderly sale commitment, subject to customary exceptions.

A deposit of $20 million is payable to Ramelius, with the balance of cash and shares payable upon completion.

Completion remains subject to satisfaction or waiver of customary conditions precedent for a transaction of this nature. These include:
• Forrestania announcing receipt of at least $200 million in binding commitments under
its proposed equity raising;
• Forrestania shareholder approval for the issuance of shares under the SAPA and the
equity raising in accordance with ASX Listing Rule 7.1; and
• customary third-party consents and approvals.

Subject to the satisfaction of these conditions, completion is expected to occur in the September 2026 Quarter.

Ramelius will provide further updates regarding the Transaction as appropriate.

Following completion, Ramelius is expected to become a substantial shareholder in Forrestania.

Ramelius’ equity interest will provide continued exposure to Edna May, along with potential future value created by Forrestania through a re-start of the processing plant and ongoing consolidation of the region.

Ramelius acquired Edna May from Evolution Mining Limited in 2017. Under its ownership, the operation produced 760koz3 between 2018 and 2025, delivering significant cash flow.

With Edna May now on care and maintenance, the Transaction provides Ramelius with an opportunity to crystallise value from a non-core asset and further focus resources on its core business.

.

Mining Review 28th June 2026

Equinox Gold celeberated finally receiving land access rights from all groups at their Los Filos gold mine in Mexico.

Minerals 260 commenced early stage construction at its Bullabulling gold mine.

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.

City Investors Circle Mining Review 28th June 2026

Mining Review 28th June 2026

Equinox Gold celeberated finally receiving land access rights from all groups at their Los Filos gold mine in Mexico.

Minerals 260 commenced early stage construction at its Bullabulling gold mine.

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.

Full access to this week’s stories can be found by clicking the links below,

 Equinox Gold Secured Land Access Agreements at Los Filos Mine

  Minerals 260 Bullabulling resource update on track as drilling extends       mineralisation at depth

  Benz Mining Defined Maiden Gold Exploration Target at Glenburgh

  Cabral Gold Drilled a Significant New Mineralized Zone

  Altair Announced the  Appointment of Specialist Advisor – Dr Sonia Scarselli

  Benz  Mining Confirmed Free Milling Gold with High Recoveries at Icon

  Mining Review 21st June 2026

Equinox Gold (TSX: EQX, NYSE: EQX)

Announced that it has signed 20-year land access agreements with all three communities that host its Los Filos Mine in Guerrero, Mexico.

With these agreements in place, the Company has initiated activities to support the gradual restart of heap leach operations and is advancing technical studies to evaluate potential expansion opportunities.

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Los Filos gold project, Mexico – Courtesy of Equinox Gold

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Minerals 260 (ASX: MI6)

Reported further results from its 4.5Moz Bullabulling Gold Project located 25km west of Coolgardie in Western Australia.

Assays have been received for 60 drill holes totalling 14,935m. Drilling comprised 29 holes for 6,078m (~40%) focused on supporting the conversion of Inferred to Indicated resource classification.

MInerals 260 Bullabulling- mine – Courtesy of Minerals 260

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Minerals 260 Bullabulling resource update on track as drilling extends mineralisation at depth

Minerals 260 Limited (“Minerals 260” or the “Company”) (ASX: MI6) is pleased to report further results from its 100%-owned, 4.5Moz Bullabulling Gold Project (“Bullabulling” or the “Project”) located 25km west of Coolgardie in Western Australia.

Assays have been received for 60 drill holes totalling 14,935m.

Drilling comprised 29 holes for 6,078m (~40%) focused on supporting the conversion of Inferred to Indicated resource classification, together with 31 holes for 8,857m (~60%) targeting extensions to the MRE.

785 holes for 172,610m have been drilled by Minerals 260 since acquiring the Project in April 2025, comprising 72 DD holes for 13,118m, 665 RC holes for 142,438m, and 48 RC/DD holes for 17,054m.

New results include 20m @ 3.4g/t Au from 93m and 18m @ 2.9 g/t Au from 332m

Minerals 260 Limited (ASX:MI6) is pleased to report results from the ongoing drilling program at its 100% owned 4.5Moz Bullabulling Gold Project, located 25km west of Coolgardie in Western Australia.

Results have been received for a further 60 drill holes totalling 14,935m ).
Results in this announcement are from drilling at the Phoenix, Bacchus and Dicksons deposits which will be incorporated into the upcoming Mineral Resource Estimate (MRE) update.

Results continue to:
• confirm the continuity of mineralisation within the 4.5Moz MRE, as well as extensions beyond the resource boundaries;
• intersect thick and high-grade mineralisation within the footwall lodes at the Phoenix and Bacchus deposits;
• support the upgrade of Inferred Resources to Indicated;
• enhance the Company’s understanding of the structural controls on mineralisation, including the potential identification of higher-grade trends both within and beyond the MRE;
• increase geological confidence of MRE update; and
• identify opportunities for resource growth.
Since release of the 4.5Moz MRE, MI6 has completed 78,000m of drilling across the Bullabulling Gold Project,
which will be incorporated in the MRE update due for release in August 2026.
Ten drill rigs are on site, comprising four Reverse Circulation (RC), four Diamond Drilling (DD), one Aircore (AC) and one Water Bore (WB).

Highlights
Better results include:
Phoenix Deposit (57Mt @ 1.0g/t Au for 1,800koz Au)
Infill
• 3.9m @ 3.8g/t Au from 283m in BBRD0644*1
• 2m @ 8.9g/t Au from 250m in BBRD0645*1
• 3m @ 3.5g/t Au from 205m in BBRC0649*
• 12m @ 1.0g/t Au from 197m in BBRC0668*
• 20m @ 3.4g/t Au from 93m in BBRC0680*
• 3m @ 5.6g/t Au from 265m & 11m @ 2.4g/t Au from 327m in BBRC0683*

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Management Comment

Minerals 260 Managing Director, Luke McFadyen, said:

“Following the December 2025 MRE, we have completed 78,000m of drilling across the Phoenix, Bacchus, Dicksons, Kraken and Gibraltar Deposits that will be incorporated in the MRE update in August.

 

“These results demonstrate the continuity, scale and quality of mineralisation across Bullabulling.

 

“The scale of this program has significantly increased confidence in the existing Resource, enhanced our understanding of the structural controls on mineralisation, and identified opportunities to test potential higher-grade trends both within and beyond the MRE”.

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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

.

.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

.

Benz Mining (ASX: BNZ, TSXV: BZ)

Reported a maiden Exploration Target of 10.1 – 12.0 Moz Au defined under the JORC Code (2012), for its 100%-owned Glenburgh Gold Project in the Gascoyne region of Western Australia.

.

.

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Benz Defines Maiden Gold Exploration Target at Glenburgh

Benz Mining Corp (ASX: BNZ, TSXV: BZ) (“Benz” or the “Company”) is pleased to report a maiden Exploration Target of 10.1 – 12.0 Moz Au defined under the JORC Code (2012), for its 100%-owned Glenburgh Gold Project in the Gascoyne region of Western Australia.

.

HIGHLIGHTS:

• Maiden Glenburgh Exploration Target highlights Glenburgh as an emerging major
gold system, with the scale, geological architecture and growth potential to support
a world-class gold project.
• The Exploration Target is strongly supported by substantial drilling, with
approximately 80% of the Exploration Target being drill-defined, assay-supported
and wireframed. The balance reflects a more conceptual geological projection of
the system beyond the current drill footprint.
• Aggressive infill, extensional and down-plunge drilling, metallurgical testwork and
updated geological modelling are planned over the next 12 months, with the
objective of converting a substantial portion of the target into a Mineral Resource in
CY27.
• Ongoing tungsten assaying is expected to support the incorporation of tungsten into
future Exploration Targets and Mineral Resource models.
• The entire Exploration Target sits within Benz’s wholly owned, granted and fully
permitted Mining Lease, providing a clear and rapid pathway to development
following definition of a maiden Mineral Resource.

/
Glenburgh Exploration

Target Total – 485 – 540 Mt 0.6 – 0.7 g/t Au     10.1 – 12.0 Moz Au

The combined Exploration Target grade reflects the inclusion of the broader lower-grade
mineralised halo in full and does not represent an optimised mining inventory. Future
studies would assess which portions of the halo may be selectively included based on pit geometry, cut-off grade, mining selectivity, metallurgical performance and economics.

Previously announced initial metallurgical testwork at Icon returned gold recoveries of up to 93.3% (see announcement dated 17 June 2026) from tested lower-grade halo material, supporting its potential to provide significant incremental feed where captured within future mining shapes.

Cautionary Statement: The potential quantity and grade of the Exploration Target is
conceptual in nature and, as such, there has been insufficient exploration drilling
conducted to estimate a Mineral Resource.

At this stage it is uncertain if further exploration drilling will result in the estimation of a Mineral Resource.

The Exploration Target has been prepared in accordance with the JORC Code (2012).

.
Benz CEO, Mark Lynch-Staunton, commented:

“This initial Exploration Target frames the scale and quality of Glenburgh on a project-wide basis for the first time.

“Importantly, this is not a loose conceptual target – approximately 80% of the Exploration Target is drill-defined, assay-supported and wireframed, providing a strong technical foundation for resource conversion.

 

,

“Our objective is clear: keep drilling aggressively, convert a substantial portion of this Exploration Target into a Mineral Resource in CY27, and test the projected extensions open at depth that have the potential to grow the system much further.

“Glenburgh has the scale and geological architecture to become a major Australian gold
project, with the potential to evolve into a world-class gold system.

“Following the $75 million raise completed earlier this year, Benz is well funded to execute this program at pace.”

The latest Benz Mining presentation can be viewed HERE

.

To read the full news release please click HERE

.+++++++

The live Benz Mining share price and chart can be found 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 Benz Mining.

.

Cabral Gold (TSX.V: CBR)

Discovered a new mineralised zone and expanded the PDM oxide blanket at Cuiú Cuiú.

Hole DDH387 drilled at the Mutum target returned 20.7m @ 1.6 g/t gold from 131.4m depth including 2.5m @ 5.7 g/t gold from 146.0m depth.

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,

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Cabral Gold Drills Significant New Mineralized Zone between the Central and PDM Gold Deposits and Expands the PDM Gold-in-Oxide Blanket, Cuiú Cuiú Gold District, Brazil

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Vancouver, British Columbia – June 23, 2026 – Cabral Gold Inc. (“Cabral” or the “Company”) (TSXV: CBR) (OTCQX: CBGZF) is pleased to announce results from reconnaissance core drilling recently conducted at the Mutum target within the Cuiú Cuiú Gold District, Brazil.

Highlights

• DDH387 drilled at the Mutum target and located 450m SE of the PDM gold deposit and 1.5km NW of the Central gold deposit, returned 20.7m @ 1.6 g/t gold from 131.4m depth including 2.5m @ 5.7 g/t gold from 146.0m depth

• The results from DDH387 suggest the presence of a previously unrecognised mineralized zone at Cuiú Cuiú between the Central and PDM gold deposits which are located 2km apart  

• Several holes returned gold in near surface blanket soils and sediments, notably DDH387 which returned 11.5m @ 0.42 g/t gold from surface, DDH381 which returned 7.5m @ 0.40 g/t gold and DDH383 which returned 4.3m @ 0.58 g/t gold 

• The presence of low-grade gold values in near surface oxide material in several holes suggests that the PDM gold-in-oxide blanket could be significantly larger than currently envisaged. Additional drilling is planned 

Alan Carter, Cabral’s President and CEO commented, 

“The Mutum target is located within the highly prospective NW trending Central – PDM corridor, a 2km-long trend which is characterised by a strong +100ppb gold-in-soil anomaly and a pronounced magnetic low likely reflecting extensive hydrothermal alteration in the underlying intrusive host rocks.

 

“The reconnaissance drill results at Mutum are significant for two reasons. Firstly, they indicate the presence of a new mineralized zone in primary intrusive rocks between the PDM and Central gold deposits which may be a possible extension to those deposits, and secondly, the gold-in-oxide blanket at PDM appears to be significantly larger than previously thought.”  

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To read the full news release, please click HERE

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

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Altair Minerals (ASX: ALR)

Has appointed seasoned executive, Dr. Sonia Scarselli as Specialist Advisor to the Board, nominated by Endeavour following its A$28m placement.

Prior to joining Endeavour, Dr. Scarselli was VP of Exploration and Xplor Program at BHP.

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Altair Announce Sonia Scarselli Appointed as Specialist Advisor to Board

Altair Minerals (ASX: ALR) has appointed seasoned executive, Dr. Sonia Scarselli as Specialist Advisor to the Board, nominated by Endeavour following its A$28m placement.

Prior to joining Endeavour, Dr. Scarselli was VP of Exploration and Xplor Program at BHP.

Altair-Endeavour Technical Committee formed, strengthening leadership and technical
collaboration

▪ Altair has appointed seasoned executive, Dr. Sonia Scarselli as Specialist Advisor to the Board, nominated by Endeavour following its A$28m placement.
▪ Prior to joining Endeavour, Dr. Scarselli was VP of Exploration and Xplor Program at BHP and has held several leadership positions throughout her career.
▪ Altair and Endeavour have jointly formed a Technical Committee combining leading experience in Birimian and Guiana Shields to deliver a Tier-1 exploration team at Greater Oko.
▪ The appointment of Dr. Sonia Scarselli and formation of Joint Technical Committee, alongside the recent appointment of Simon Bolster establishes an astute in-house technical capacity, which becomes highly beneficial in the acceleration and swift execution of the large-scale exploration programs commencing at the Greater Oko Project.

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Appointment of Specialist Advisor – Dr Sonia Scarselli

Dr. Sonia Scarselli is currently Executive Vice President of Exploration and Growth at Endeavour Mining plc (LSE:EDV, TSX: EDV and OTCQX: EDVMF) (“Endeavour”). Prior to Endeavour, she was VP of Exploration at BHP and founded their Xplor programme.

Her career began at ExxonMobil UK before joining BHP in 2012, where she held senior roles including VP of Petroleum Exploration and Appraisals, Head of Algeria, and Exploration Manager for Trinidad and Tobago.

Sonia holds a PhD in Geology from ETH Zurich and an MBA from the London Business School. She sits on the boards of East Star Resources plc and Koulou Gold Corp.

Her appointment strengthens Altair’s Board decision-making across exploration, technical assessment, project development and corporate strategy.

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Altair-Endeavour Joint Technical Committee

The joint Technical Committee leadership brings together the following members:
From Altair: Pascal Van Osta (Head of Exploration), Faheem Ahmed (CEO), Rob Curtis (NonExecutive Director).
From Endeavour: Eduardo Etchart (VP of New Ventures) and Tanguy Nobilet (Exploration Manager).

The Committee will meet monthly to review exploration data, programs, geological targeting and optimisation. Altair will leverage Endeavour’s track record of discovery, which includes the discovery of 22.4Moz of Measured and Indicated gold resources since 2016 on an analogous greenstone belt, providing Altair with a directly relevant technical knowledgebase to fast-track discoveries at Greater Oko.

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Altair Minerals Limited CEO, Faheem Ahmed, commented:

“Following Endeavour’s A$28m placement (ALR announcement 27th April 2026), I am delighted to confirm Dr. Sonia Scarselli as a Specialist Advisor to the Board at Altair.

 

“Sonia joins at a pivotal moment as we prepare for a major drill programme and scale our team, bringing a wealth of technical and executive experience to support leadership in Guyana.

 

“Combined with the Altair-Endeavour Technical Committee, we have assembled one of the most capable exploration teams operating on the Guiana Shield. With our land package in place, we are well-positioned to maximise value at Greater Oko and deliver multiple discoveries.

 

“I look forward to updating shareholders with our renewed exploration plans and a steady stream of exploration results over the coming months.”

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To read the full news release, please click HERE

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To view the latest Altair Minerals share price and chart, 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

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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 Altair Minerals. 

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To read our full terms and conditions, please click HERE

Benz Mining Corp (ASX: BNZ)

Reported highly encouraging initial cyanidation test work results from the Icon camp at the Glenburgh Gold Project in Western Australia.

Benz’s initial test results confirm that the gold at Icon is free milling with high recovery rates and low reagent consumption across all grade profiles tested.

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Benz Confirms Free Milling Gold with High Recoveries at Icon

Benz Mining Corp (ASX: BNZ) (“Benz” or the “Company”) is pleased to report highly encouraging initial cyanidation test work results from the Icon camp at the Glenburgh Gold Project in Western Australia.

Benz’s initial test results confirm that the gold at Icon is free milling with high recovery rates and low reagent consumption across all grade profiles tested.

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HIGHLIGHTS:

▪ ~95.5% gold extraction within 24 hours from composite samples representative of the
higher-grade core of the Icon deposit, confirming excellent conventional leach
performance with rapid leach kinetics, low final residues and low cyanide and lime
consumption.
▪ Consistently strong extraction across the Icon grade range tested, with high gold
extraction maintained from higher-grade core material through to the broader
mineralised halo, including material grading down to approximately 0.10 g/t gold.
▪ Icon mineralised halo represents an exciting incremental recoverable gold opportunity,
with material grading from 0.1- 0.3g/t gold leaching strongly and returning gold extraction up to 93.3%. Strong recovery at these grades is an important differentiator for Glenburgh.
▪ Important operational upside for future open-pit studies: low grade halo (0.1-0.3 g/t gold) has the potential to become mill feed rather than waste, with potential to substantially reduce any future strip ratios.

▪ Glenburgh drilling ramp-up and pre-development programs underway: Benz is ramping up to 12 RC shifts across Hurricane, Icon and Thunderbolt Camps, alongside advancing metallurgical, geotechnical and orebody knowledge programs, reflecting increasing confidence in Glenburgh emerging as a large-scale multi-million-ounce gold system.

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Benz CEO, Mark Lynch-Staunton, commented:

“These are exactly the kind of metallurgical results we want to see from a large, open-pittable gold system.

 

“The higher-grade Icon core has delivered excellent gold extraction of approximately 95.5% within 24 hours, but the real significance is that strong extraction levels are maintained well beyond the high grade core and into the broader mineralised halo.

“The notably consistent extraction response across the tested grade range is an important differentiator for Glenburgh. Material grading down to approximately 0.10 g/t Au leachedb strongly to very low final residues, highlighting an exciting incremental recoverable gold opportunity around the higher-grade zones.

 

“In a future open-pit scenario, material inside the pit shell has to be mined.

 

“The question is whether that material is waste, dilution or recoverable gold. These initial results show that the broader Icon mineralised halo has the potential to contribute recoverable gold, supporting favourable future open-pit mining metrics at Glenburgh.

 

“This is still early-stage metallurgical work, but it strongly supports our view that Icon is a clean leaching gold system with the scale, geometry and metallurgical characteristics required to become a major part of the Glenburgh growth story.”

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To read the full news release please click HERE

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The live Benz Mining share price and chart can be found 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

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=======

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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.

.

Disclosure

At the time of writing the author holds shares in Benz Mining.

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Heliostar Metals  (TSX.V: HSTR)

Announced drill results from the Veta Madre pit area at its operating La Colorada mine in Sonora, Mexico.

The drill program aimed to identify mineralization to expand the current 376,200 ounces of gold (17.1 Mt grading 0.68 grams per tonne The additional mineralization can support a larger pit cutback.

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Heliostar Set to Expand La Colorada with Strong Drill Results and Key Permits

June 18, 2026

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Vancouver, Canada – June 18, 2026 – Heliostar Metals Ltd. (TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1) (“Heliostar” or the “Company”) is pleased to announce drill results from the Veta Madre pit area at its operating La Colorada mine in Sonora, Mexico.

The drill program aimed to identify mineralization to expand the current 376,200 ounces of gold (17.1 Mt grading 0.68 grams per tonne (“g/t”) gold) currently in reserves at La Colorada. The additional mineralization can support a larger pit cutback, called Veta Madre Plus that the Company intends to commence in early Q3, this year.

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HIGHLIGHTS:

• Veta Madre drilling:
  • 10.9 m grading 22.1 g/t gold from 187.7 m, including 1.3 m grading 174 g/t gold
  • 40.8 m grading 2.23 g/t gold from 51.3 m, including 17.45 m grading 4.55 g/t gold
  • 147.2 m grading 0.70 g/t gold from 32.65 m, including 10.7 m grading 1.98 g/t gold
  • 20.65 m grading 3.35 g/t gold from 337.4 m
  • 32.0 m grading 1.65 g/t gold from 52.5 m
  • 52.35 m grading 1.23 g/t gold from 50.3 m
• Significant intervals of mineralization outside of the current Veta Madre reserve pit
• Final approvals for Veta Madre pit expansion received from the Mexican permitting agency
• Engineering of Veta Madre Plus pit is ongoing with waste stripping on track to start in early Q3 2026

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Heliostar CEO, Charles Funk, commented, 

“The expansion of the Veta Madre Pit is the next step in our plan to grow Heliostar’s production profile.

 

“We are currently designing a larger pit shape to commence pre-stripping in the next two months and are targeting an additional 20,000 ounces of gold above the current mine plan. 

 

“With all permits received, we are on track to start producing gold from the pit in the first half of next year.

 

“Cash flows from La Colorada and San Agustin will support construction of our flagship Ana Paula project and are key deliverables for Heliostar’s aggressive growth ambitions.”

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Permit Receipt

The Company recently received the final documentation for the Change of Use of Soils (“CUS”) permit for the Veta Madre pit expansion announced on December 15, 2025. 

That is in addition to the existing environmental permits for the Veta Madre pit expansion and a leach pad expansion. The Company’s permits support both the technical report pit design for Veta Madre and the potential larger Veta Madre Plus pit.

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To read the full news release please click HERE

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

..To View Heliostar Metal’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

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=======

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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 Heliostar Metals.

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Barton Gold  (ASX: BGD)

Announced the expansion of ‘Phase 2’ upgrade drilling at its South Australian Tunkillia Gold Project.

Interim analysis indicates growth & grade upside potential.

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Credits Barton Gold Limited.

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Barton Gold Announces the Expansion of Tunkillia Phase 2 Upgrade Drilling

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Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to announce the expansion of ‘Phase 2’ upgrade drilling at its South Australian Tunkillia Gold Project (Tunkillia).

HIGHLIGHTS

• 18,900m ‘Phase 1’ upgrade drilling completed November 2025, ~30,000m, ‘Phase 2’ program ongoing
• Analysis of assays to-date indicates upside potential in high value ‘Starter’ pit areas, potential extensions of main open pit, and higher-grade extensions of ‘Area 51’ open pit mineralisation
• Reverse circulation (RC) component of ‘Phase 2’ drilling program now expanded to ~40,000m

Tunkillia’s May 2025 Optimised Scoping Study (OSS) outlined a compelling development project, where:
• Annual production: ~120,000oz gold and ~250,000oz silver
• Total LoM operating cash: ~A$2.7 billion (unlevered, pre-tax)
• Net Present Value (NPV7.5%): ~A$1.4 billion (unlevered, pre-tax)
• Internal Rate of Return (IRR): ~73.2% (unlevered, pre-tax); and
• Payback period: ~0.8 years (unlevered, pre-tax)
Notably, within the project the S1 and S2 pits are modelled to produce 365,000oz gold, 923,000oz silver and $1.3bn operating free cash during the first ~27 months alone (assuming A$5,000/oz gold and A$50/oz silver).

At current prices, these would be modelled to produce approximately $1.75bn in this time. Based upon these results, Barton expedited upgrade drilling programs to support JORC Resource upgrades and PFS analyses.

Interim analysis of ‘Phase 1’ and ‘Phase 2’ RC drilling assays published to-date has identified potential to extend total Tunkillia mineralisation, increase JORC Mineral Resources within the May 2025 OSS optimised pit outlines, and increase the grade profile and classification of ‘Starter’ pit mineralisation.

Barton has therefore added ~10,500m to the ongoing ‘Phase 2’ RC drilling program. All other work programs remain on track for target completion of a Pre-feasibility Study (PFS) before the end of calendar year 2026.

PFS results will then inform a Mining Lease application and project finance discussions during calendar year 2027.

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Commenting on the expansion of Tunkillia drilling, Barton Managing Director Alexander Scanlon said:

“Tunkillia’s OSS demonstrated its financial and capital leverage, with robust economics driven by higher-grade ‘Starter Pits’ modelled to generate A$1.75bn operating profit during the first 2.5 years at current gold and silver prices.

“With recent ‘Phase 1’ upgrade drilling confirming the mineralisation behind these economics, and ongoing ‘Phase 2’ drilling identifying new extensions and higher grade mineralisation, we are excited to expand drilling with the objective to potentially increase both the quantum and grade of Resources within Tunkillia’s optimised open pit outlines.

 

“This could materially enhance Tunkillia’s already robust economics by adding new gold and silver ounces within the existing pit outlines, further reducing early cash costs per ounce, and boosting its significant early cash flow profile.”

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To read the full news release please click HERE

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

..To View Barton Gold’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.

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 Barton Gold.

.

To read our full terms and conditions, please click HERE

Minerals 260 (ASX: MI6)

Announced the commencement of early construction and development activities at its 100% owned 4.5Moz Bullabulling Gold Project, located 25km west of Coolgardie in Western Australia.

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MInerals 260 Bullabulling- mine – Courtesy of Minerals 260

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Minerals 260 Commences Early Construction and Development Activities at Bullabulling

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Minerals 260 Limited (ASX:MI6) is pleased to announce the commencement of early construction and development activities at its 100% owned 4.5Moz Bullabulling Gold Project (BGP), located 25km west of Coolgardie in Western Australia.

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Summary

• The start of early construction activities at BGP represents a significant milestone for the Company and signifies progress towards targeted commencement of plant construction in H1 CY2027 and first gold production in Q4 CY2028.
• Work is advancing on multiple fronts, including village construction, water infrastructure and grade control drilling.
• Minerals 260 received approval of the Mining Development and Closure Proposal (MDCP) and Works Approval for the construction of the 400-person accommodation village in May 2026 and is progressing all other primary approvals for full Project construction under the Western Australia State pathway.
• An experienced owner’s team has been assembled to support project delivery, with personnel appointed to key management roles including Construction, Engineering, Approvals, Community and Environment, Commercial and Site Senior Executive.
• The maiden Ore Reserve and Pre-Feasibility Study (PFS) remain on track for release in July 2026, with an updated Mineral Resource Estimate scheduled for August 2026.
• Minerals 260 is well positioned to continue the rapid development of BGP, supported by its strong balance sheet, with ~$250M cash and deposits at end of March Quarter 2026.

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Village Construction

In April 2026, Minerals 260 executed a $59.1 million fixed-price contract with ATCO Structures & Logistics Pty Ltd (ATCO) for the design and construction of an initial 400-person village at Bullabulling.

The village will support both construction and future operations.
Site preparation and bulk earthworks are ongoing, and manufacturing of the rooms and facilities has commenced at ATCO’s facility in Perth, WA. 400 rooms are expected to be fully operational in Q1 CY2027.

Grade Control Drilling

The grade control program, which commenced in May 2026, of 26,000m of 10m × 10m Reverse Circulation (RC) drilling is focused on two high-priority areas within the Phoenix deposit which were selected to improve resource understanding and orebody knowledge within zones expected to contribute to early years of production.

Minerals 260 intends to utilise Photon Assay as the primary analytical method for the grade control program and is evaluating the establishment of an on-site Photon Assay facility to support future mining operations.

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Minerals 260 Managing Director, Luke McFadyen, said: “

“Minerals 260 is uniquely positioned to commence early construction activities before we’ve completed the PFS, reflecting the strong support of our Board and shareholders.

 

“This is only possible due to the significant preparatory work completed by the Project team and the strategic funding agreement with Franco Nevada entered into earlier this year.

 

“The start of early construction represents another significant de-risking milestone for the Company, and I look forward to updating shareholders on construction progress regularly”

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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

.

Mining Review 14th June 2026

Silver Storm Mining announced the first silver pour at its restarted La Parilla silver mine in Mexico.

The price of gold and other metals continued to fluctuate on the narrative of the Iranian and US governments.

City Investors Circle Mining Review 14th June 2026

Mining Review 14th June 2026 – Silver Storm Mining announced the first silver pour at its restarted La Parilla silver mine in Mexico.

Omai Gold continued to declare high-grade gold assays, and must surely be a strong contender for a bid sooner rather than later as it continues to stack up its mineral resource?

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The price of gold and other metals continued to fluctuate on the narrative of the Iranian and US governments.

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News from our watchlist companies is listed below, please click the link to  read the full story.

  Silver Storm Celebrates First Silver Pour at La Parilla

  Lahontan Drills 91m At 0.43 g/t Au And Discovers a New Gold Zone

  Minerals 260 Continues To Grow Its Resource

  Omai Gold Drills 8.54g/t Au over 20.6m at Northeast Wenot

  Fuerte Metals Announces Name Change To Talamore Mining Corp.

  Mining Review 7th June 2026

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Market Data

Weekly Price Changes

(US$ unless stated)

Errington Metals (TSX.V EM)

Errington is an interesting company located in Sudbury Ontario, with an early resource of 13m tons of copper at a grade of 4% Copper equivalent.

Management have skin in the game, and previous experience of delivering shareholder value.

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City Investors Circle Initiating Coverage of Errington Metals

Errington Metals (TSX.V: EM) is an interesting company located in Sudbury Ontario, with an early resource of 13m tons of copper at a grade of 4% Copper equivalent.

Management have decent skin in the game, and previous experience of delivering shareholder value.

Highlights

Unlocking High-Grade Critical Metals in the Sudbury Basin
 

Errington Metals is redefining the exploration landscape in Canada’s most prolific mining district.

Sudbury is globally renowned for copper-nickel-PGE deposits, but its massive, high-grade VMS potential has remained largely ignored, and hence underexplored..

Backed by a technically seasoned management team, board and advisors with exceptional track records of building companies, Errington is aggressively advancing its flagship Sudbury Basin Project to deliver superior long-term value for our shareholders and source metals for the global green transition.

The asset has over twice the grade of Foran, and superior infrastructure and location.

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Management

David Harquail is ex Franco Nevada, and Dan Myersen has just sold Foran for C$3.5 billion. 

Management own over 22% of the company.

This week the company released good drill results, and a new capmpaign is planned to try and reach an asset of 20 million tons at around 4% copper equivalent.

I am planning to make an initial investment before the new round of drill results are announced.

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Live metal prices 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 no shares in Errington Metals.

.

.

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2026 Key Catalyst

We are currently executing an aggressive 45,000-metre drill program specifically designed to support our initial mineral resource estimate and test high-priority regional targets.

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Omai Gold Mines (TSXV: OMG)

Announced assay results from eight additional diamond drill holes and four related wedged holes, from the current 50,000m drilling program at its owned Omai Gold Project in Guyana.

The best assays within the Dike Corridor included 8.54 g/t Au over 20.6m.

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Omai Gold core logging huts – Courtesy of Omai Gold Mines

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Omai Gold Drills 8.54g/t Au over 20.6m at Northeast Wenot and Commences Deep Hole on Gilt Deposit

Toronto, Ontario – (June 1, 2026) – Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) (“Omai Gold” or the “Company”) is pleased to announce assay results from eight additional diamond drill holes and four related wedged holes, from the current 50,000m drilling program at its 100% owned Omai Gold Project in Guyana, South America.

Five rigs continue drilling at Omai. One drill has commenced drilling on a planned deep hole to test the depth extension of the Gilt Deposit.

Assay results are reported for eight holes collared across a 450m strike along the northeastern area of the Wenot shear-hosted deposit.  Four additional holes reported were wedged for more targeted drilling. Wenot is one of the two orogenic gold deposits on the Omai property.

These reported holes, collared further to the north, were designed to explore a series of apparent splays off of the northern side of the broad Wenot east-west shear corridor, and also to test for the down-dip extensions of the Dike Corridor gold zones.

All of these holes were drilled to the south, testing the northern splays, then the gold zones within the prolific Dike Corridor. All but one hole continued further south to provide a deeper cut of the Dike Corridor, test the central contact with the Central Quartz Feldspar Porphyry zone (CQFP) and continue into the southern sedimentary sequence.

The best results from the northern splays included 4.77 g/t Au over 6.6m, 18.11 g/t Au over 1.5m, and 3.49 g/t Au over 16.9m (in the upper part of hole 173 previously reported), these all being above a 210m vertical depth and as far as 300m north of the CQFP.

The best assays within the Dike Corridor included 8.54 g/t Au over 20.6m, 5.79 g/t Au over 7.7m, 14.07 g/t Au over 2.3m and 4.77 g/t Au over 6.6m. Most holes extended the Dike Corridor zones at least 50-75m downdip.

Assays returned from the CQFP zone included 3.43 g/t Au over 12.25m and 2.54 g/t Au over 8.8m. One zone further into the southern sediments ran 7.48 g/t Au over 2.92m.

These results continue to confirm the continuity and robustness of the main gold zones at Wenot, as well as extending these northeastern splays that would fall within the proposed pit.

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Highlights* from the recent drilling include:

• Hole 26ODD-180 
o 8.54 g/t Au over 20.6m
o Including 25.89 g/t Au over 2.5m
o Including 13.42 g/t Au over 5.8m
o 3.43 g/t Au over 12.3m
o Including 5.57 g/t Au over 5.4m

• Hole 26ODD-173W
o 2.63 g/t Au over 11.5m
o 3.68 g/t Au over 8.1m
o 2.62 g/t Au over 13.1m
o 5.79 g/t Au over 7.7m
o Including 11.49 g/t Au over 3.6m

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Elaine Ellingham, President & CEO commented:

“The 50,000m drill program at Omai is advancing quickly with the five drills turning. To date this year, 23,685m has been drilled.

 

“The results of these twelve holes reported today is again a positive for Wenot. They explored the potential of a series of splays we had encountered in a few holes on the under-drilled northeastern flank of the Wenot deposit.

 

“These holes confirm the strike extension of these shallow zones that fall within the proposed pit area, but are far outside the area of historical mining.

 

“These holes were continued to the south, intersecting the main Wenot gold zones, the most impressive being 8.54 g/t Au over 20.6m that included two high grade intervals: 25.89 g/t Au over 2.5m and 13.42 g/t Au over 5.8m within an interval of felsic dikes and breccia within the Dike Corridor roughly 60m north of the central contact porphyry.

 

“Multiple impressive drill intersections in the Dike Corridor continue to speak to the ongoing strength of this project. Further east of this area remains under-explored.

 

“We were on-site at Omai last week for the commencement of the deep hole into the Gilt Deposit. A newly arrived drill with rod-pulling-assist will allow this hole, targeting a 1200m+ depth, to advance more quickly.

 

“Work continues to progress on the Preliminary Economic Assessment (“PEA”) with an estimated 6- to 8-week timeframe. The new mine plan will integrate both the Wenot deposit and the adjacent intrusion hosted Gilt Deposit.”

 

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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

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 Omai Gold Mines. 

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To read our full terms and conditions, please click HERE

Orla Mining (TSX: OLA)

Reported that the illegal blockade has ended and operations have resumed at its Camino Rojo Mine in Zacatecas, Mexico.

Dialogue continues onsite between management, employees, and the union including the resumption of bonus negotiations.

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Camino Rojo panoramic view, Zacatecas, Mexico – Courtesy of Orla Mining

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Caprice Resources (ASX: CRS)

Reported further target development and new high-grade gold intercepts across the Island Gold System, including results from New Orient, Iron Clad, Chicago and parallel structures. 

Reverse circulation  drilling is now focused on follow-up around the recent high-grade intercept in hole 26IGRC010, which returned 22m at 66.2 g/t from 22m downhole.

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Caprice Resources project map – Courtesy of Caprice Resources

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Caprice Resources – HIGH-GRADE GOLD GROWTH CONTINUES ACROSS THE ISLAND GOLD SYSTEM

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Caprice Resources Ltd (ASX: CRS) (Caprice or the Company) is pleased to report further target development and new high-grade gold intercepts across the Island Gold System (the Island or Project), including results from New Orient, Iron Clad, Chicago and parallel structures.

Reverse circulation (RC) drilling is now focused on follow-up around the recent high-grade intercept in hole 26IGRC010, which returned 22m at 66.2 g/t from 22m downhole, with the objective of determining the orientation, strike and depth continuity of this bonanza-grade gold intercept 1
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These results continue to support the interpretation of the Island as a growing, multi-lode, structurally controlled gold system, with mineralisation now recognised across multiple BIF units and now footwall mafics beyond the main Vadrians trend, indicating potential for additional deposits to be defined outside of the emerging Vadrians deposit as part of the Company’s ongoing 50,000m drilling program and anticipated to contribute to a maiden mineral resource estimate.

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HIGHLIGHTS

• Continued exploration of the Island gold system defines new intercepts from gold-bearing structures across the broader Island Mining Licence.
• Assay results continue to validate the depth potential beneath the weathered depletion zone.
• Significant new results include:
– Parallel structure (approximately 120m west of Vadrians):
• 12m at 3.0g/t gold, including 5m at 5.8 g/t gold, from 118m downhole in 26IGRC015
– New Orient (situated at the northern extent of the Island and along strike to Vadrians):
• 10m at 2.6 g/t gold, including 4m at 5.1 g/t gold, from 62m downhole in 26IGRC022
• 20m at 1.1 g/t gold, including 3m at 4.1 g/t gold, from 33m downhole in 26IGRC020
– Iron Clad (situated southern extent of the Island and along strike to Vadrians):
• 5m at 3.2 g/t gold from 100m downhole in 26IGRC024
• 4m at 3.1 g/t gold from 56m downhole in 26IGRC025
• New mineralisation is developing northwest within parallel BIF/Mafic sequences
interpretated to accumulate in preferential structural sites, particularly where crosscutting shears, splays coincide, validating the Company’s exploration model.
• The ongoing 50,000m air core, RC and diamond drilling (DD) programme continues across the Island.
1 Refer to ASX announcement dated 6 May 2026, “22m @ 66.2g/t Au in New High-Grade Zone Parallel to Vadrians”.

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Caprice MD, Luke Cox, commented:

“Drilling continues to strengthen our view that the Island is developing into a large, multi-lode, high-grade gold system, with mineralisation now being intersected across BIF and Mafic units within structural positions beyond the main Vadrians lode.

 

“Our current geological model indicates that gold is accumulating where major structural corridors intersect favourable BIF and Mafic host rocks, particularly where northwest-trending shears and internal deformation have created sites for mineralised fluid flow plumbing and gold deposition.

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“This is an important step in the evolution of the Island Gold Project. Each phase of drilling is improving our understanding of the controls on mineralisation, while also generating new targets along strike, down dip and across parallel sequences.

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“With the 50,000m drilling programme ongoing, our immediate focus is to follow up these emerging highgrade gold zones, determine the orientation of the bonanza-grade mineralisation and continue building scale ahead of a maiden Mineral Resource Estimate.

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“The Island remains the core focus of our Murchison gold strategy, and these results reinforce the significant discovery potential still to be tested across the broader system.”

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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

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