Orla Mining Discovers High-Grade Oxide Gold at South Carlin

Orla Mining (TSX: OLA; NYSE: ORLA)

Announced results from its 2025 exploration program at the South Carlin Complex in Nevada.

The 18,000-metre drilling campaign delivered significant oxide intercepts outside current pit designs and advanced multiple satellite targets, reinforcing resource growth potential.

Drill Rig at South Railroad

Credits – Orla Mining Ltd.

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Orla Mining TSX : OLA
Stage Development
Metals Gold
Market cap C$6.34 billion   @ C$18.64
Location Mexico + Nevada + Canada 
Website www.orlamining.com

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Vancouver, BC – December 2, 2025 – Orla Mining Ltd. (TSX: OLA; NYSE: ORLA) (“Orla” or the “Company”) is pleased to announce results from its 2025 exploration program at the South Carlin Complex (“South Carlin”) in Nevada.

The 18,000-metre drilling campaign delivered significant oxide intercepts outside current pit designs and advanced multiple satellite targets, reinforcing resource growth potential across the Company’s extensive land package along the prolific Carlin Trend ahead of planned 2028 production. 

Orla is advancing the South Railroad Project (“South Railroad”, or the “Project”), located within the large South Carlin Complex. South Railroad is in final permitting, with an optimized feasibility study due early in the first quarter 2026, construction is expected to begin mid-2026, and first production in 2028.

 

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2025 Exploration Highlights:

Significant Open Pit Expansion Potential Confirmed

  • Drilling intersected significant oxide mineralization 100-130 metres beyond current feasibility pit shells at both Pinion and Dark Star deposits: 
    • Pinion: 67.1 metres at 1.06 g/t Au (oxide), including 36.6 metres at 1.68 g/t Au in hole PR25-05 and 32 metres at 0.94 g/t Au (oxide) in hole PR25-02 demonstrating mineralization extends across the Bullion Fault structure.
    • Dark Star: 22.6 metres at 5.65 g/t Au (oxide), including 5 metres at 15.1 g/t Au (DS25-03) confirming high-grade oxide continuity between the north and south pit shells.

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Satellite Discoveries Advancing

  • Spike Target: Oxide gold confirmed over 1.5 kilometres strike length, 600 metres south of POD-Sweet Hollow, with intercepts including 38.1 metres at 0.80 g/t Au (RR25-05) and 21.3 metres at 0.76 g/t Au (RR25-06).
    • Firebox Target: First hole returned24.4 metres at 1.08 g/t Au (PR25-09, prelim. Fire Assay), confirming an exciting new target 500 metres from Pinion.

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Sylvain Guerard, Senior Vice President, Exploration commented,

“The South Carlin Complex is advancing rapidly and remains early in its exploration life.

 

“These results provide a strong foundation for resource growth that we expect to capture in future studies, and position South Railroad as a cornerstone asset on the Carlin Trend.”– 

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South Carlin Complex –District-Scale Opportunity and Just Getting Started

Orla is advancing South Railroad toward production with an optimized feasibility study to be released early in the first quarter 2026 and final construction permits expected in the second quarter 2026.

Full construction is anticipated to begin mid-2026. The 2025 exploration results provide additional upside that may be incorporated into future resource updates and mine planning.

The South Carlin Complex hosts reserves and resources of 1.604 Moz and 1.753 Moz respectively with a projected eight year mine life based on the 2022 Feasibility Study.

Since acquisition, Orla has completed 57,800 metres of drilling in 266 holes, systematically building geological understanding and confirming district-scale potential.

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To read the full news release, please click HERE

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To view Orla Mining’s share latest price and chart, please click HERE

 

The live gold price can be found HERE

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

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

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

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

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

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

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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 Orla Mining.

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Barton Gold Reports Broad, High-Grade Assays at ‘S1’ Pit Area

Barton Gold (ASX: BGD)

Announced first assay results from recent drilling at its South Australian Tunkillia Gold Project.

These assays confirm broad new intervals of high-grade gold mineralisation which infill the central portion of Tunkillia’s S1 ‘Starter Pit’, emphasising the high-value nature of this zone.

 

 

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Barton Gold

Photo courtesy of Barton Gold Ltd.

 

 

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Barton Gold ASX: BGD
Stage Production, development
Metals Gold
Market Cap A$329 Million   @A$1.30
Location South Australia
Website www.bartongold.com.au

 

 

 

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Barton Gold Reports Broad, High-Grade Assays Infill Tunkillia ‘S1’ Pit Area

Results emphasise Tunkillia grade potential in key features

 

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

These assays confirm broad new intervals of high-grade gold mineralisation which infill the central portion of Tunkillia’s S1 ‘Starter Pit’, emphasising the high-value nature of this zone to Tunkillia’s development.Commenting on the new Tunkillia assay results,

 

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HIGHLIGHTS

• New assays support higher-grade model for Tunkillia S1 ‘Starter Pit’ mineralisation; infill drilling targeting conversion to JORC (2012) ‘Measured’ category to underwrite financing.
• Tunkillia ‘S1’ pit modelled to produce $825m operating profit in first year of operations
from average grade of 1.19 g/t Au – new broad, high-grade assays from this zone include:
Hole ID Interval Including:
TKB0267 14m @ 2.78 g/t Au from 88 metres 3m @ 6.97 g/t Au from 98 metres
TKB0269 28m @ 2.60 g/t Au from 129 metres 2m @ 20.9 g/t Au from 144 metres
TKB0282 27m @ 2.68 g/t Au from 60 metres, and
44m @ 3.68 g/t Au from 103 metres
2m @ 38.7 g/t Au from 73 metres
3m @ 23.5 g/t Au from 123 metres
TKB0285 47m @ 2.67 g/t Au from 97 metres 16m @ 5.03 g/t Au from 126 metres
TKB0292 41m @ 2.21 g/t Au from 47 metres 7m @ 9.61 g/t Au from 47 metres
TKB0301 10m @ 7.37 g/t Au from 65 metres 1m @ 28.8 g/t Au from 67 metres
TKB0306 10m @ 5.03 g/t Au from 152 metres, and
13m @ 3.75 g/t Au from 165 metres
1m @ 43.2 g/t Au from 154 metres
1m @ 37.1 g/t Au from 165 metres

 

• Balance of assays from recent Tunkillia ‘Phase 1’ upgrade drilling expected during December 2025 and January 2026, with updated JORC (2012) Mineral Resource Estimate by March 2026

 

 

Barton Managing Director Alexander Scanlon said:

“Tunkillia’s S1 pit contains the project’s highest grade mineralisation, ideally located in a shallower, central zone.

 

“Modelling indicates that this will yield over 200,000 gold ounces, generating over $800 million in operating free cash and paying back Tunkillia’s entire development cost more than 2x over during the first year of operations.

 

“This early phase of upgrade drilling was therefore designed to further de-risk this profile by infilling higher grade mineralisation to underwrite project finance.

 

“These results very much appear to support that objective, and also highlight the potential for the Tunkillia system to host very high grades within key structural features.

 

“We expect the balance of Phase 1 infill drilling assays by January, and are targeting the conversion of Tunkillia’s ‘S1’ and ‘S2’ optimised open pit mineralisation to JORC ‘Measured’ and ‘Indicated’ categories by March 2026.”

 

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To read the full news release please click HERE

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

 

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

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The live gold price can be found HERE

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

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

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

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

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 Barton Gold.

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To read our full terms and conditions, please click HERE



Market Review November 2025 Published

Market Review November 2025 Published

The City Investors Circle 135th Monthly Review has been published for November 2025.

The highlighted company is Endeavour Silver. Other companies mentioned include Orla Mining and Equinox Gold.

 

 

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City Investors Circle Market Review November 2025 Published

The City Investors Circle 135th Monthly Review has been published for November 2025.

The highlighted company is Endeavour Silver.

Other companies mentioned include Orla Mining and Equinox Gold.

The main topic is the nominal all-time high price of silver, and the root causes.

After a brief wobble of the gold and silver prices they have bounced back and producing miners remain around recent highs.

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To read the November 2025 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 November’s news releases is listed below, click the link to be taken to the full story.

  Silver Price Hits An All-Time High

  West Red Lake Gold Mines Drills at Fork

  Kaiser Reef to Commence Union Hill Waste Dump Drilling

  Barton Gold Tunkillia Upgrade Drilling Completed

  Heliostar Drills 83.2m Grading 17.35 g/t Gold from 76m

  Horizon Minerals Gold Mining Update

  Mining Review 23rd November 2025

  Mining Conference Week 1 Reviewed

  Swiss Mining Conference

  121 Mining Conference London

  Colonial Coal Continues Talks With Interested Parties

  Pacgold White Lion Drilling Intersects Gold Mineralisation

  Orla Mining Generates $93 Million FCF in Q3

  Omai Gold Drills 20.33 g/t Au over 5.3m and 2.72 g/t Au

  Mining Review 16th November 2025

  G Mining Ventures Reports Strong Q3 2025 Results

  Catalyst Settles Legal Case For The Tandarra Gold Project

  Lefroy to Commence Lucky Strike Gold Production

  Capricorn Grows Mt Gibson Underground Resource

  Meeka Metals Reports 8m @ 14.8g/t Au at Turnberry South

  Pacgold launches restart of White Dam Gold Mine

  Mining Review 8th November 2025

  West Red Lake Gold Confirms High-Grade Gold in Lower Austin

  Equinox Gold Delivers Record Q3 Production and Revenue

  Wesdome Intersects New Zone at Kiena’s Dubuisson Deposit

  Horizon Minerals Notice Of Share Consolidation

  Omai Gold Drills 20.33 g/t Au over 5.3m at Wenot

  Western Gold Grade Control Supports Mine Decision

  New Murchison Gold Complete Strong Production Ramp Up

  Mining Review 2nd November 2025

  Market Review September 2025

 

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

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

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

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

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

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

.

=======

,

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

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

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

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

.

Disclosure

At the time of writing the author may hold shares in some or all of the companies mentioned

.

To read our full terms and conditions, please click HERE



West Red Lake Gold Mines Drills at Fork

West Red Lake Gold (TSX.V: WRLG)

Announced a fully funded infill drilling program at its 100% owned Fork Deposit located approximately 250 metres southwest from its Madsen Mine in the Red Lake Gold District of North western Ontario, Canada.

 

 

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West Red Lake

Bulk samples ready at the Madsen Gold Mine – Credits West Red Lake Gold Mines Ltd.

 

 

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West Red Lake Gold TSX.V : WRLG
Stage Production
Metals Gold
Market cap C$326m   @ C$0.83
Location Ontario, Canada
Website www.westredlakegold.com

 

 

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West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to announce a fully funded infill drilling program at its 100% owned Fork Deposit located approximately 250 metres (“m”) southwest from its Madsen Mine in the Red Lake Gold District of North western Ontario, Canada.

 

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Shane Williams, President and CEO stated;

“Once considered a somewhat diffuse, intermediate-grade portion of the satellite resource inventory at Madsen, the core of Fork has been re-envisioned as a high-grade near-mine resource expansion target that is a priority for immediate advancement.

 

“The shallow nature of the deposit will allow for efficient definition drilling from surface and, with its high grades and proximity to existing underground development, it is easy to envision this core zone of Fork becoming part of the production pipeline at Madsen, based on successful infill drilling results.

 

“The Madsen Mine shows clear potential to become a sizeable and long-lived operation, with several satellite deposits not yet considered in the mine plan, multiple untested exploration targets, and a 1.5-million-ounce indicated resource that is wide open for expansion at depth.

 

“Fork is the first opportunity we are advancing to make good on that potential. As an unmined and near-surface deposit sitting just 250 metres from Madsen, Fork offers a non-remnant zone of mineralization that could be accessed within a few months of development and sequenced into the mine plan with ease, providing additional optionality and ounces in the near term.

 

“With Madsen nearing commercial production in Q1 of 2026 we are ready to actively pursue a hub-and-spoke growth model at Madsen. Simultaneous surface drilling programs at Fork and Rowan take us in that direction and we will continue to evaluate and develop additional high-grade gold opportunities within the Red Lake district.”

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

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

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

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

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

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

.

=======

,

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

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

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

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

.

.

To read our full terms and conditions, please click HERE



Heliostar Drills 83.2m Grading 17.35 g/t Gold from 76m

Heliostar Metals TSX.V: HSTR)

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

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

 

 

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Heliostar

Heliostar Ana Paula drill map – Credits Heliostar Metals

 

 

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Heliostar Metals TSX.V: HSTR
Stage Production / Development
Metals Gold
Market cap C$587m @ C$2.32
Location Mexico
Website www.heliostarmetals.com

 

 

Heliostar Drills 83.2m Grading 17.35 g/t Gold from 76.0m and Expands Program to 20,000m

 

 

Vancouver, Canada– November 24, 2025 – Heliostar Metals Ltd. (TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1) (“Heliostar” or the “Company”) is pleased to announce additional results from the current drill program at its 100% owned Ana Paula project in Guerrero, Mexico.

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

 

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HIGHLIGHTS:

  • 83.2m grading 17.35 g/t gold from 76.0 m, including 
    • 46.65 m grading 27.35 g/t gold from 88.95 m
  • 70.7m grading 9.38 g/t gold from 49.65 m
  • 92.1 m grading 4.33 g/t gold from 97.1 m
  • 65.2 m grading 5.39 g/t gold from 152.2 m
  • Ana Paula drill program to be extended to 20,000 metres of drilling

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Heliostar CEO, Charles Funk, commented,

“It’s rare to find a deposit that consistently produces 50-100m wide drill intercepts of these gold grades. 

 

“Ana Paula is wide, high-grade, and shallow, with good underground mining conditions.  These factors drive the low $1,011 all in sustaining cost in our new PEA for the project. It will also drive high margins at the project.

 

“The current program is focused on upgrading inferred ounces to higher confidence categories and the new data will be incorporated into a Feasibility Study.  The lower costs drive a lower cut-off grade in the planned mine that opens the potential for more inferred material conversion.  

 

“To maximize this opportunity, we will expand the program by 33% to 20,000 metres to allow for more infill and exploration drilling at Ana Paula. 

 

“Across the Company, we have another study, a Prefeasibility Study for Cerro del Gallo, planned this quarter. We are also drilling at San Agustin and La Colorada. 

 

“These programs should increase production and unlock the value we see in our deep growth portfolio.”

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To read the full news release please click HERE

 

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 To View Horizon Mineral’s latest share price and chart, please click HERE

 

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

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The live gold price can be found HERE

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.

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

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

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

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

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

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

.

=======

,

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

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

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

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

.

Disclosure

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

.

To read our full terms and conditions, please click HERE



Horizon Minerals Gold Mining Update

Horizon Minerals (ASX: HRZ)

Provided an update on the development of the Phillips Find and Boorara Gold Projects.

Three processing campaigns of Phillips Find ore have been completed at FMR Investments’ Greenfields mill totalling 98,945 tonnes at 1.65g/t Au for 4,954 ounces produced.

 

 

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Horizon Minerals

Horizon Baroora project Mining-Operations – Credits Horizon Minerals

 

 

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Horizon Minerals ASX: HRZ
Stage Development, Production
Metals Gold,Nickel, Cobalt
Market cap A$188 million @ A$0.61
Location Kalgoorlie, Western Australia
Website www.horizonminerals.com.au

 

 

 

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HORIZON MINERALS GOLD MINING AND PROCESSING UPDATE


Horizon Minerals Limited (ASX: HRZ) (“Horizon” or “the Company”) is pleased to provide an update on the development of the Phillips Find (“Phillips Find”) and Boorara (“Boorara”) Gold Projects.
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HIGHLIGHTS


Phillips Find
• Three processing campaigns of Phillips Find ore have been completed at FMR Investments’ Greenfields mill totalling 98,945 tonnes at 1.65g/t Au for 4,954 ounces produced
• Mining of the first phase at Phillips Find gold project is coming to a close, with approximately 120,000 tonnes of high grade and 22,000 tonnes of low-grade ore stockpiled
• Due to the volume of ore mined being greater than the originally planned 200,000 tonnes for the first phase of this project, Horizon’s Phillips Find JV partner BML Ventures Pty Ltd has executed a binding Toll Milling Agreement to treat 120,000 tonnes of high grade ore at a nearby processing plant
• Ore haulage has commenced, with 90,000 tonnes of ore stockpiled for processing with treatment due to occur in the current December 2025 quarter, and final distributions expected in January 2026
• Focus Minerals Ltd’s Three Mile Hill plant shall be utilised to treat the remaining Phillips Find ore in January 2026
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Boorara
• Boorara mining progressing well and due to be completed in the current December 2025 quarter
• Significant stockpiles of ore have been generated, with 289,000 tonnes at 1.14g/t Au of high-grade, 30,000 tonnes at 1.00g/t Au of medium grade and 145,000 tonnes at 0.61g/t Au of low-grade ore stockpiled
• High-grade ore is being processed under the Ore Purchase Agreement with Norton Gold Fields to treat at the Paddington Mill
• Paddington has advised that in the short-term it has elected to prioritise its own ore feed and as a result ore haulage for all customers, including Horizon, was reduced by ~45% from mid-October 2025
• Some cashflow expected in the December 2025 and March 2026 quarters will be deferred into the March and June 2026 quarters respectively
• Paddington has advised that Boorara ore haulage volumes are expected to resume to contracted levels by early December 2025.
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Balance Sheet strengthening
• Estimated unaudited cash at the end of October 2025 of $33.2m
• Boorara high-grade stockpile at the end of October 2025 is estimated to generate $25.7m of free cashflow from processing at Paddington based on the Net Realisable Value at a $6,113/oz gold price
• Additional $30.0m of cash expected by the end of January 2026 from the proposed sale of the Company’s Lake Johnston asset to Forrestania Resources Ltd


Managing Director and CEO Mr Grant Haywood commented:


“We are very pleased with the progress at Phillips Find, with this project aiming to generate strong cashflows from the increased high grade tonnages being mined and processed in a very strong gold price environment.
“The delay in realising cashflow from the third party processing of our Boorara ore into next year is not ideal, however we expect our cash at bank to rise rapidly in the first months of 2026 as we advance our plans to be the next emerging mid-tier gold producer in the WA Goldfields.”
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To read the full news release please click HERE

 

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 To View Horizon Mineral’s latest share price and chart, please click HERE

 

..To View Horizon Minerals’ historical news, please click here

.

The live gold price can be found HERE

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.

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

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

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

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

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

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

.

=======

,

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

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

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

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

.

Disclosure

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

.



Mining Review 23rd November 2025

Mining Review 23rd November 2025

A week dominated by the first mining conferences of the season in London and Zurich.

Mining stocks took a hammering, but I met a few new companies I like the look of and merit further research.

 

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Zurich Mining Conference

Swiss Mining Conference – Zurich 2025

 

 

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City Investors Circle Mining Review 23rd November 2025

 

 

Mining Review 23rd November 2025

A week dominated by the first mining conferences of the season in London and Zurich.

Mining stocks took a hammering, but I met a few new companies I like the look of and I feel merit further research.

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The 121 Mining Conference in London seemed well attended but it’s always hard to gauge because most booths have two company representatives, making estimating  the number of investors present difficult to assess.

I personally didn’t think it was so vibrant, but that’s probably because of the falling mining stock prices affecting my mood.

I had some interesting meetings though and am currently deciding whether to invest in any of the companies I met.

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I then met 55 North at a private luncheon presentation. This company is run by an experienced and successful mining CEO, Bruce Reid if Carlisle fame.

I like this story a lot and have decided to make an initial investment.

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The Zurich Mining Show was the largest to far, and filled the room. What I like about this show is that, unlike the PDAC, you can meet the company CEOs on their stand, rather than a university student filling in for a pittance.

All the companies at the show have substance, it’s not cheap to participate here, so early stage explorers in moose pasture are nowhere to be seen.

This makes for a good show and I had numerous meetings with solid companies. As a result I am reviewing three potential investments in new companies that look to have my key criteria, Tier 1 jurisdiction, strong management, funded to near term production in a project with scale.

Once I have reviewed the companies I will add any I think deserve inclusion into the watchlists.

 

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A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story. 

  Swiss Mining Conference

  121 Mining Conference London

  Colonial Coal Continues Talks With Interested Parties

  Pacgold White Lion Drilling Intersected Gold Mineralisation

  Orla Mining Generated $93 Million FCF in Q3

  Omai Gold Drilled 20.33 g/t Au over 5.3m and 2.72 g/t Au

  Mining Review 16th November 2025

 

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Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices 231125 Weekly % change
Gold price in UK £ 3107 0.19%
Gold in AUD$ 6299 0.82%
Gold 4067 -0.44%
Silver 50.16 -1.26%
Palladium 1375 -2.27%
Platinum 1519 -2.00%
Rhodium 8000 -1.23%
Copper 4.98 -1.39%
Nickel 6.52 -3.41%
Zinc 1.42 3.65%
Tin 16.82 -0.36%
Cobalt 22.03 0.00%
Lithium 12659 5.74%
Uranium 76.2 -1.68%
Iron Ore 103.9 -1.05%
Coking Coal 195 -0.51%
Thermal coal 114.5 2.23%

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Click HERE for live Spot Metal Prices 

 

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City Investors Circle is based in the City of London

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

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

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

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

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

.

=======

,

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

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

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

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

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE



121 Mining Conference London

121 Mining Conference London

London mining season kicked off with the 121 Mining Conference at Houndsditch this week.

Sadly the buzz that was evident at a recent presentation when gold was riding the crest of the wave seems to have evaporated, despite gold remaining above $4,000.

 

 

.

121 Mining Conference

A typical scene from the meeting area at 121  Mining Conference in London

 

 

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121 Mining Conference London – 2025

London mining season kicked off with the 121 mining conference at Houndsditch this week.

Sadly the buzz that was evident at a recent presentation when gold was riding the crest of the wave seems to have evaporated, despite gold remaining above $4,000.

This is despite gold remaining above $4,000, but below the heady $4,300 level. As a result producing gold and silver mining stock prices have been hit hard, blowing the exuberance away in the process.

I had some good meeting and do feel that stock prices are due another rise as long as gold holds around the current level or moves higher.

Of the companies that I met, Dolly Varden, Lahontan Gold, and Silver Storm caught my attention and merit further review.

I recently added Silver Storm to the Tier 2 watchlist of developing companies, due to its offtake deal with Samsung, low market cap, and imminent production in Q1 or Q2 2026.

Dolly Varden have a quality management team, and will publish a new Mineral Resource Estimate in Q1 2026. They are also looking for potential acquisitions.

Lahontan Gold is  a small cap early stage exploration play with a past producing open pit gold project, Santa Fe, located in the Walker Lane Trend in Nevada. Run by Kimberley Ann, who has enjoyed success in the past with a number of exploration companies.

Lahontan have other former producing open pit projects in the same trend, including Santa Fe West, and Moho. In addition there is a disseminated silver project.

——-

 

The show itself, as I mentioned earlier, lacked the buzz I was expecting, due to prices having fallen back quite sharply from their highs despite gold being within 7% of its all-time high.

I noticed a few economy measures, such as no servers for the food, and the food selection had moved somewhat downmarket from previous shows.

My main complaint was the lack of seating given the wide open spaces in the concourse area. Surely they can provide a few more tables for people to sit and eat on?

All in all a good show, and I expect to make a couple of additions to my portfolio as a result of the meetings that I had.

 

The live gold price can be found HERE

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=======

.

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

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

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

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

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

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

.

=======

,

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

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

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

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

.

Disclosure

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

.

To read our full terms and conditions, please click HERE



Pacgold White Lion Drilling Intersects Gold Mineralisation

Pacgold (ASX: PGO)

Announced the results of the maiden drilling programme designed to test coincident geophysical anomalies and the extent of surface gold mineralisation at the White Lion prospect, along with results from drilling on the Jerry Dodds lode structure.

Both Prospects are located at the Company’s 100% owned Alice River Gold Project.

 

 

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Pacgold

Project map – Credits Pacgold

 

 

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Pacgold ASX : PGO
Stage Exploration
Metals Gold
Market cap A$18.66 m   @A$ 6.6c
Location Queensland, Australia
Website www.pacgold.com.au/

 

 

,

Pacgold White Lion Drilling Intersects Gold Mineralisation

 

Further exploration warranted in 2026 field season

 

 

Pacgold Limited (ASX: PGO) (‘Pacgold’ or ‘the Company’) is pleased to announce the results of the maiden drilling programme designed to test coincident geophysical anomalies and the extent of surface gold mineralisation at the White Lion prospect, along with results from drilling on the Jerry Dodds lode structure.

Both Prospects are located at the Company’s 100% owned Alice River Gold Project (‘the Project’), 300km northwest of Cairns, North Queensland.

 

.

HIGHLIGHTS
WHITE LION MAIDEN DRILLING PROGRAMME COMPLETED – Reverse Circulation (RC) drilling of the coexistent geophysical IP and Magnetics targets at White Lion has been completed, intersecting encouraging gold mineralisation associated with the Alice River Fault Zone.

 

,
JERRY DODDS DRILLING EXTENDS MINERALISED STRUCTURE – Wide-spaced RC drilling has extended the shallow gold mineralisation on the Jerry Dodds lode structure a further 1.4km along strike, for a total of 1.8km of identified mineralisation, open in all directions.

The principal target at White Lion was a large high intensity IP chargeability anomaly coincident with a previously delineated shallow bullseye magnetic anomaly1,2.

Four holes were completed to varying depths on the geophysical targets, all intersecting metasediments containing common pyrite and minor pyrrhotite, minor diorite
intrusive, and limited quartz veining and alteration. Initial interpretation of the geology indicates the geophysical anomalies are a result of the sulphide-bearing stratigraphy. 

Three drillholes were also completed to test the mineralised section of the Alice River Fault Zone (ARFZ) at White Lion, where previous rock chip sampling returned strong gold mineralisation in surface quartz veining and altered fault breccia over strike length of 250m, and historical drilling intersected low level gold mineralisation in shallow
airtrak drillholes.

.
Two drillholes in the current program returned encouraging gold mineralisation, indicating potential for further exploration along strike in both directions, and at depth. Results include:
 8m @ 0.6g/t Au from 44m incl. 2m @ 2.1g/t Au from 50m (WLDH003)
 15m @ 0.2g/t Au from 148m (WLD004)

At Jerry Dodds eight RC drillholes were completed on 4 sections spaced at 400m to test 1.2km of mineralised lode outcrop along strike to the SE of drilling completed by Pacgold on the prospect in 2023. 

 

.

Pacgold’s Managing Director, Matthew Boyes, commented:

“The maiden drilling program at White Lion has delivered an encouraging first look at the gold potential associated with the Alice River Fault Zone, with mineralised intercepts confirming the presence of gold that warrants further exploration in 2026.

 

“The extension of the Jerry Dodds lode by an additional 1.4 kilometres along strike is particularly pleasing and highlights the broader scale of mineralisation emerging across the Alice River Gold Project.

 

“With these results, we are building a strong foundation for continued discovery at both the Alice River Gold and St George Gold-Antimony Projects in Queensland, while concurrently advancing our Phase 1 production restart at the White Dam Project in South Australia.

 

“Pacgold remains well-positioned to deliver value through a balanced strategy of exploration growth and near-term production opportunities.”

.

To read the full news release, please click HERE

 

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

 

The Spot gold price can be found HERE

.

=======

.

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

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

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

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

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

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

.

=======

,

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

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

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

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

.

Disclosure

At the time of writing the author holds shares in Pacgold

.

To read our full terms and conditions, please click HERE

 



Orla Mining Generates $93 Million FCF in Q3

Orla Mining (TSX: OLA; NYSE: ORLA)

Announced the results for the third quarter September 30, 2025. 

Orla generated $93 million in free cash flow.

 

 

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Orla Mining

 

 

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Orla Mining TSX : OLA
Stage Development
Metals Gold
Market cap C$5.78 billion   @ C$17.01
Location Mexico + Nevada + Canada 
Website www.orlamining.com

.

Orla Mining generates record $93 million in free cash flow for quarter

 

 

Vancouver, BC – November 11, 2025 – Orla Mining Ltd. (TSX: OLA; NYSE: ORLA) (“Orla” or the “Company”) today announces the results for the third quarter September 30, 2025. 

 

(All amounts expressed in U.S. dollars unless otherwise stated)

Third Quarter 2025 Summary

  • Third quarter gold production of 79,645 ounces and total quarterly gold sold of 78,857 ounces, generating $275.0 million in revenue. 
  • Third quarter all-in sustaining cost¹ (“AISC”) was $1,641 per ounce of gold sold. Year to date AISC of $1,420 per ounce of gold sold.
  • Net income for the third quarter was $49.3 million or $0.15 per share
  • Adjusted earnings1 for the third quarter were $73.0 million or $0.22 per share.
  • Cash flow from operating activities before changes in non-cash working capital during the third quarter was $113.1 million.
  • Exploration and project expenditure1 was $38.8 million during the quarter, of which $12.8 million was expensed and $26.0 million was capitalized.
  • Musselwhite initial exploration results confirm a potential two-kilometre extension of the mine’s main gold trend indicating substantial potential to extend mine life and increase production.
  • The Company experienced a pit wall event at Camino Rojo on July 23rd resulting in an operational pause and mine resequencing. The stabilization plan is currently on track and Orla reaffirms its revised production and cost guidance of 265,000 to 285,000 ounces of gold production and AISC of $1,350 to $1,550 per ounces of gold sold.
  • The Company ended the quarter with $326.9 million in cash and $420.0 million in debt, resulting in $93.1 million in net debt1 and $356.9 million in liquidity1. 

 

 

 

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– Jason Simpson, President and Chief Executive Officer of Orla 

“Orla delivered strong results in the third quarter, achieving a record $93 million in free cash flow1 and strengthening our balance sheet.

 

“This performance positions the Company to self-fund the next stage of growth at South Railroad, consider return of capital initiatives, and underscores the quality of our assets and execution. 

 

“While the quarter also brought its challenges, I’m proud of our team’s resilience and focus in navigating them. As we move toward year-end, we remain committed to finishing strong, targeting the upper end of our production guidance, and advancing our key growth projects — further reinforcing Orla’s standing as the emerging producer of choice.” 

.

To read the full news release, please click HERE

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To view Orla Mining’s share latest price and chart, please click HERE

 

The live gold price can be found HERE

.

=======

.

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

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

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

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

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

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

.

=======

,

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

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

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

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

.

Disclosure

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

.



    Omai Gold Drills 20.33 g/t Au over 5.3m and 2.72 g/t Au

    Omai Gold Mines (TSX.V: OMG)

    Announced assay results from the next phase of drilling at its 100% owned Omai Gold Project in Guyana, South America.

    The current positive drilling results are from two near-surface exploration targets.

     

     

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    Omai Gold core logging huts – Courtesy of Omai Gold Mines

     

     

    .

    Omai Gold Mines TSX.V : OMG
    Stage Development
    Metals Gold
    Market cap C$822 m   @ C$1.30
    Location Guyana
    Website www.omaigoldmines.com

    .

    .

    .

    Omai Gold Drills 20.33 g/t Au over 5.3m and 2.72 g/t Au over 16.3m from Exploration Targets and Drilling Continues at Wenot with 5 Rigs

    .
    .
    .

    Toronto, Ontario – (November 3, 2025) – Omai Gold Mines Corp. (TSX.V: OMG) (OTCQB: OMGGF) (“Omai Gold” or the “Company”) is pleased to announce assay results from the next phase of drilling at its 100% owned Omai Gold Project in Guyana, South America.

    The current positive drilling results are from two near-surface exploration targets that were identified from trenching, geophysics and historical data. Assays are reported for 11 drill holes totalling 2,615m with 6 holes on the BBH target and 5 holes from the Camp Zone.  A total of 64 drill holes have been completed to date this year on the Omai property, totalling 30,297m.

    The deep hole 25ODD-122, testing the blue-sky potential at depth below the Wenot deposit, ended at a downhole depth 2,014m. It was successful in intersecting approximately 280m of the Wenot shear corridor at a depth of approximately 1,120m from surface or 600 m below the known Wenot gold deposit. Assays are pending.

    Five rigs are currently drilling on the Wenot deposit with the goal of completing an additional 8,000m before year end.

    .

    Highlights from the recent exploration holes include:

    BBH Target

    • Hole 25ODD-131
      • 20.33 g/t Au over 5.30m
        • Including 35.61 g/t Au over 3m

    Camp Zone Target

    • Hole 25ODD-135
      • 2.72 g/t Au over 16.30m
        • Including 9.05 g/t Au over 4m
    • Hole 25ODD-136
      • 2.05 g/t Au over 7.50m
        • Including 11.32 g/t Au over 1m
    • Hole 25ODD-138
      • 0.85 g/t Au over 12.70m
        • Including 1.32 g/t Au over 6m

    .

     

     

    ,

    Elaine Ellingham, President & CEO commented, 

    “We are pleased to provide these exciting results from two of our exploration targets, both nearby the Wenot and Gilt Creek gold deposits. 

     

    “Although we have kept our focus on expanding the Wenot open pit deposit and driving forward to an updated Preliminary Economic Study with a much expanded Omai mine plan, we still believe that identifying and working to define additional satellite deposits will create further value to the project.

     

    “A few of our exploration targets have evidence of higher grade mineralization and present possibilities for satellite pits that could positively impact early cash flow and overall NPV. With today’s results, we will further model these targets to guide additional drilling in these clearly prospective areas. 

     

    “We are also pleased to announce that the deep hole 25ODD-122, drilled to test the blue sky potential of the Wenot deposit at depth successfully reached 2,014m. The hole flattened significantly, not unexpectedly but this allowed us to cross over 280m of the Wenot shear corridor at a vertical depth of about 1,120m, which is at least 600m below the deepest known extent of the Wenot deposit. 

     

    “Since we have identified the Wenot deposit along a 2.5 km strike length, this potential depth extension bodes well for the long-term potential of the project. Proving the shear extends this far to depth is a great win. We await assay results.

     

    “Although the Omai Mineral Resource Estimate is quite sizeable, the geological extension to depth of the shear corridor that hosts the gold mineralization in the upper part of Wenot provides the possibility for an even longer mine life. Large-scale mine developments support long-term employment and sustainable communities.

     

    “Omai is located 10km from the only road from Georgetown, the capital city of Guyana, to Brazil. Paving is well underway on this road and there are longer-term plans to establish this as an access to a major deep-water port planned on the coast of Guyana, east of Georgetown. This infrastructure would further benefit the Omai project.”

    ,

    To read the full news release, please click HERE

     

    ——-

     

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

    .

    =======

     

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

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

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

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

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

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

    .

    =======

    ,

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

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

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

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

    .

    Disclosure

    At the time of writing the author holds shares in Omai Gold Mines. 

    .

    To read our full terms and conditions, please click HERE



    G Mining Ventures Reports Strong Q3 2025 Results

    G Mining Ventures (TSX: GMIN)

    Reported its financial and operational results for the three and nine months ended September 30, 2025. Unless otherwise stated, all dollar amounts are in U.S. dollars.

    Tocantinzinho is now operating at steady state—delivering record production, and free cash flow.

     

     

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    G Mining Ventures

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

     

     

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    G Mining Ventures TSX: GMIN
    Stage Development + Exploration
    Metals Gold
    Market cap C$6.72 billion @ C$29.60
    Location  Brazil, Guyana
    Website www.gminingventures.com

     

     

    .

    G Mining Ventures Reports Strong Q3 2025 Results

    BROSSARD, QC, Nov. 12, 2025/CNW/ – G Mining Ventures Corp.(“GMIN” or the “Corporation“) (TSX: GMIN) (OTCQX: GMINF) is pleased to report its financial and operational(1)results for the three and nine months ended September 30, 2025. Unless otherwise stated, all dollar amounts are in U.S. dollars.

    .

    .

    “The third quarter marked a defining period for GMIN,”-Louis-Pierre Gignac, President and CEO

    “Tocantinzinho is now operating at steady state—delivering record production, free cash flow, and margins that position us among the lowest-cost producers in the Americas.

     

    “With the Oko West permits, financing, and formal construction decision now secured, we are entering the next phase of disciplined, self-funded growth—demonstrating the strength of our operating team and the consistency of our execution model.

     

    “As we transition to a multi-asset producer with Oko West under construction and Gurupi advancing through permitting and exploration, our focus remains on building long-life, low-cost operations that generate sustainable returns and long-term value for our shareholders.

     

    “Our ability to advance growth responsibly—while maintaining strong safety, environmental, and community performance—remains central to how we build long-term value.”

     

     

    .

    Third Quarter and Year-to-date (“YTD”) 2025 Operational and Financial Highlights

    • Gold production was 46,360 ounces (“oz“) (YTD – 124,525 ounces), representing a 9% increase over Q2 2025, reflecting continued strong throughput and recoveries at Tocantinzinho Gold Mine (“TZ“).
    • Robust financial results:Revenues of$161.7 million(YTD –$389.3 million) supported by record average realized gold price(2)of$3,292per ounce (YTD –$3,124per ounce).
    • Record free cash flow(2): Generated$95.8 million in free cash flow (YTD –$190.7 million), representing a 59% increase from Q2 2025.
    • Strong Earnings before Interest, Taxes, Depreciation and Amortization(“EBITDA”)(2):Generated adjusted EBITDA(2)of$122.6 million(YTD –$283.6 million), a 32% increase from Q2 2025.
    • Strong quarterly net income: Reported net income of$123.8 million(YTD –$196.8 million), or$0.55per share (YTD –$0.87per share).
    • Low-cost operations: Reported all-in sustaining cost(2)(“AISC“) per ounce of gold sold of$1,046in Q3 2025 (YTD –$1,121per ounce), compared to an average gold price received(2)(4)of$3,114per ounce (YTD –$2,916per ounce), implying a robust AISC margin(2)of$2,068per ounce (YTD –$1,795per ounce).
    • Oko West Gold Project(“Oko West“)capital advancing: Invested$93 million in project capital in Q3 (YTD –$156 million), with full construction now underway.

    .

    To read the full news release, please click HERE

    .

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    The live gold price can be found HERE

    .

    =======

    .

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

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

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

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

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

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

    .

    =======

    ,

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

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

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

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

    .

    Disclosure

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

    .



    Catalyst Settles Legal Case For The Tandarra Gold Project

    Catalyst Metals (ASX: CYL)

    Has acquired the remaining 49% interest in the Tandarra Gold Project for an upfront A$1.3 million cash payment, which settles the legal case. 

    The Tandarra Gold Project lies immediately south of Catalyst’s high-grade Four Eagles Gold Project.

     

     

    .

    Catalyst Metals

    Catalyst Metals Bendigo JV project area – Credit Catalyst Metals

     

     

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    Capricorn Metals ASX: CMM
    Stage Production, development, exploration
    Metals Gold
    Market cap A$6.22 Billion  @A$14.41
    Location Western Australia
    Website www.capmetals.com.au

     

     

    .

     

    JV Partner agrees to settle legal case with Catalyst via selling its 49% interest in
    Tandarra Gold Project for A$1.3m

     

    Tandarra is contiguous to Catalyst’s high-grade Four Eagles JV in Victoria

     

    Catalyst Metals Limited (Catalyst or the Company) (ASX:CYL) has acquired the remaining 49% interest in the Tandarra Gold Project for an upfront A$1.3 million cash payment, which settles the legal case.

    The Tandarra Gold Project lies immediately south of Catalyst’s high-grade Four Eagles Gold Project.

    Prior to the transaction, Catalyst held 51% of Tandarra. With this transaction, Catalyst simplifies the future management and direction of Catalyst’s Victorian gold assets, including the Four Eagles gold project.

    The reason Catalyst sought to acquire this minority 49% interest is that Tandarra is home to several attractive prospects: Lawry, Tomorrow and Macnaughtan and Tandarra North.

    These prospects lie along strike of Catalyst’s Four Eagles Gold Project (163koz Resource at 7.7 g/t incl. 70koz at 26 g/t3).

    .

    These prospects have previously returned attractive results,
    including:
    o 12.9m @ 31.1g/t4 o 3m @13.8 g/t7 o 17m @ 6.6g/t6
    o 2.45m @54.8 g/t5 o 11.0m @ 17.8g/t6 o 9m @ 14.8g/t7
    o 21m @ 6.9 g/t6 o 3m @ 44.6g/t8 o 13.0m @7.75g/t5

     

    Furthermore, Agnico Eagle, one of the world’s largest gold miners, recently acquired ASX listed S2 Resources’ exploration licence EL007795 for A$20 million, demonstrating Agnico’s commitment to investing in Victoria, and the future view of the perspectivity and desire to consolidate areas around its Fosterville Gold Mine.

    This tenement does not contain a Resource and lies approximately 50km from Catalyst’s Four Eagles Gold Project.

    The Four Eagles and Tandarra gold projects in Victoria were Catalyst’s founding assets. In 2022, a strategic decision was made to build a gold business not so dependent on the highs and lows of Victorian gold exploration.

    This resulted in Catalyst’s move to consolidate Western Australia’s Plutonic Gold Belt in 2023. However, the underlying value was neither forgotten nor lost. Rather, management’s strategy turned to small, slow, low-cost steps to de-risk the overall investment proposition.

    .

    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 Capricorn Metal’s historical news, please click here

    .

    =======

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

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

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

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

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

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

    .

    =======

    ,

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

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

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

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

    .

    Disclosure

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

    .

    To read our full terms and conditions, please click HERE

    .



    Lefroy to Commence Lucky Strike Gold Production

    Lefroy Exploration (ASX: LEX)

    Announced that it has received approval from DMPE for gold mining at the Lucky Strike Gold Deposit.

    The Lucky Strike Gold Deposit contains an MRE of 1.27Mt @ 1.95 g/t Au for 79,600 ounces.

     

     

    .

    Lefroy Exploration project map

     

    Lefroy Exploration’s Lucky Strike Mine Approved clearing pathway for Operations to Commence

     

    Lefroy Exploration Limited (“Lefroy” or “the Company”) (ASX: LEX) is pleased to announce that it has received approval from DMPE for gold mining at the Lucky Strike Gold Deposit.

    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

    • Mine Development and Closure Plan (MDCP) approved by the Department of
    Mines, Petroleum and Exploration (DMPE).
    • Approval of Clearing Permit covering mining tenement M25/366 received.
    • BML Ventures Pty Ltd (BML) to commence activities in November, focusing on
    site clearing and eventual pre-strip activities.
    • All mining, operational and management activities to be coordinated by BML.
    • Accelerated timeline from mine to mill, with first ore scheduled to commence
    toll treating at FMR Investments Pty Ltd (FMR) Greenfields Mill in Coolgardie in
    February 2026.
    • With profit share partners BML prefunding and coordinating all pre-mining,
    capital and operational cost at Lucky Strike, Lefroy remains in a strong cash
    position until profit share distribution occurs well inside the first half of 2026.

     

     

    .
    LEFROY CEO, GRAEME GRIBBIN, COMMENTED:

    “The acceptance by the DMPE of the Mine Development and Closure Plan represents the final major approval for the project, paving the way for earthworks to commence at Lucky Strike.

     

    “With BML now overseeing all onsite activities, first toll milling of ore is scheduled for February 2026.

     

    “Exposed to the current buoyant gold market, this truly represents the most exciting period for Lefroy shareholders, as the Company advances towards being first-time gold producers, unlocking real value and setting the stage for a strong profitable 2026 and beyond”

    .

    To read the full news release, please click HERE

     

    ——-

    .

    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

    .

    =======

    .

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

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

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

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

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

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

    .

    =======

    ,

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

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

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

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

    .

    Disclosure

    At the time of writing the author holds  shares in Lefroy Exploration

    .

    To read our full terms and conditions, please click HERE



    Capricorn Grows Mt Gibson Underground Resource

    Capricorn Metals (ASX: CMM)

    Announced it has grown the underground resource at its Mt. Gibson project by an incredible 31% in just four months.

    The company has increased the Mineral Resource Estimate  for Orion South Underground to 9.5Mt at 2.9g/t Au for 895,000 ounces of gold.

     

     

    .

    Capricorn Metals

    Capricorn Metals projects location map – Credits Capricorn Metals

     

     

    .

    Capricorn Metals ASX: CMM
    Stage Production, development, exploration
    Metals Gold
    Market cap A$6.14 Billion  @A$14.22
    Location Western Australia
    Website www.capmetals.com.au

     

     

    .

    CAPRICORN’S  MT GIBSON GOLD PROJECT UNDERGROUND RESOURCE GROWS TO 895Koz

     

     

    .

    Capricorn Metals (ASX: CMM) announced it has grown the underground resource at its Mt. Gibson project by an incredible 31% in just four months.

    The company has increased the Mineral Resource Estimate  for Orion South Underground to 9.5Mt at 2.9g/t Au for 895,000 ounces of gold.

    Mineral Resource Estimate (MRE) for Orion South Underground increased to 9.5Mt at 2.9g/t Au for 895,000 ounces of gold.

     

    Highlights

    Orion South Underground MRE
    • Mineral Resource Estimate (MRE) for Orion South Underground increased to 9.5Mt at 2.9g/t Au for 895,000 ounces of gold.
    • Over 13,000 metres of underground focussed diamond drilling has delivered a rapid increase of 211,000 ounces (31%) since the maiden underground MRE in July 2025.
    • MRE increases to a compelling 5,400 ounces per vertical metre for the 100 vertical metres immediately below the pit design, where data density exists across the MRE strike extent.
    • 33% of Underground MRE now Indicated with infill drilling in progress within the Inferred MRE to improve classifications to allow completion of a Pre-Feasibility level study and a maiden ORE.
    • Orion South Underground MRE strongly open at depth with extensional drilling underway.
    • Orion South UG MRE covers only 1.2km of strike length of the >8km of Mt Gibson Gold Project (MGGP) strike and only 220m vertical extent below the deepest part of the open pit design.
    • Resource growth potential being delivered and significant opportunity to delineate repeat high-grade lodes along strike.
    • Drilling planned to commence at next high potential underground targets Lexington and Hornet.
    • MRE is reported at a 1.5g/t cut off below existing reserve pit design and a 20-metre crown pillar.
    • The updated Orion South Underground MRE has been used as the basis for a Mining Conceptual Study (refer announcement released to ASX today) presenting an early assessment of the potential for underground mining at the MGGP.

     

     

    .
    Capricorn Executive Chairman Mark Clark commented:

    “Increasing the Orion South underground resource by over 30% to 895,000 ounces in less than four months since the maiden underground resource is indicative of the emerging underground opportunity at Mt Gibson.

     

    “Capricorn is committed to a strategy of growing the resource, delivering ore reserves and completing the work to validate our belief that Mt Gibson will become a long mine life open pit and underground mining operation.”

    .

    To read the full report please click HERE

    =======

     

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

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

    .

    =======

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

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

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

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

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

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

    .

    =======

    ,

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

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

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

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

    .

    Disclosure

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

    .

    To read our full terms and conditions, please click HERE

    .



    Pacgold launches restart of White Dam Gold Mine

    Pacgold (ASX: PGO)

    Announced it has started initial capital works to restart the heap leach operation and drilling of existing resource areas and near mine targets at the recently acquired White Dam Gold Operation located in South Australia.

     

     

    .

    Pacgold

     

     

    .

    Pacgold ASX : PGO
    Stage Exploration
    Metals Gold
    Market cap A$18.3 m   @A$ 6.5c
    Location Queensland, Australia
    Website www.pacgold.com.au/

     

     

    .

     

    Pacgold launches restart of White Dam Gold Mine

     

     

    Recommissioning of White Dam underway targeting Q1 2026 production

     

    Pacgold Limited (ASX: PGO) (‘Pacgold’ or ‘the Company’) is pleased to announce it has started initial capital works to restart the heap leach operation and drilling of existing resource areas and near mine targets at the recently acquired White Dam Gold Operation (‘Project’) located in South Australia.

    Final handover is scheduled for the 21st November, 2025 subject to shareholder approval for the issue of the Consideration Shares at the upcoming AGM.

     

    HIGHLIGHTS

    PLANT INVESTMENT COMMENCED – Re-lining of the leaching solution ponds will begin immediately and is expected to take 2 months to complete. The leach circuit will be operational once the first pond is completed in late November, with cyanide irrigation of the pad scheduled to begin as soon as completed.

    Maintenance has been initiated at site, with the plant expected to be in fully operational condition by end of November. Initial capital expenditure is expected to be modest at approximately $AUD 600k.

    SCHEDULE– Company has commenced a full restart schedule covering key areas
    including:
    o Minor plant refurbishment
    o Pond Re-lining
    o Re-crushing and irrigation of final lift
    o Drilling and update resource models, pit designs and cashflow models
    o Submission of updated mine plans, PEPR’s and applications for mining permits to
    incorporate White Dam north resource into mine plan.

     

    PHASE 1 STAGED RESTART TARGETING CASHFLOW – Phase 1 of White Dam Gold Mine restart is underway with consignment of crushing equipment and re-crushing of the final pad lift scheduled to commence in Q1 2026.

    Full irrigation of re-crushed ore set to commence soon after initial 100,000T parcel is crushed and stacked. Turnover of existing material on the western edge of pad is earmarked for the first pass leaching once cyanide irrigation is restarted
    in late November.

     

    PHASE 2 DRILLING & RESOURCE EXPANSION – Phase 2 of restart includes infill and expansion drilling commencing in November, targeting 25,000m of RC into existing resource areas and near mine targets followed by an updated resource model and new mining studies and cashflow forecasts.

     

    .

    Pacgold’s Managing Director, Matthew Boyes, commented:

    “With minimal capital expenditure required to leverage existing permits and infrastructure, we are rapidly restarting operations, through early key contractor engagement and with re-lining of the solution ponds to begin imminently.

     

    “All reagents required for restart of pad irrigation have been purchased and we anticipate the first pregnant solutions to start flowing from the lead pad to the plant by mid-December.

     

    “The mine has an outstanding group of motivated staff onsite excited to see this asset back in full production with the shift from greenfield explorer to producer expected to generate real value for our shareholders in the current gold price environment.”
    .

    .

    To read the full news release, please click HERE

     

    =======

     

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

     

    The Spot gold price can be found HERE

    .

    =======

    .

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

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

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

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

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

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

    .

    =======

    ,

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

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

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

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

    .

    Disclosure

    At the time of writing the author holds shares in Pacgold

    .

    To read our full terms and conditions, please click HERE



    West Red Lake Gold Confirms High-Grade Gold in Lower Austin

    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 drill results are focused on the high-grade Austin Zone, which currently contains an Indicated mineral resource of 914,200 ounces  grading 6.9 grams per tonne gold, with an additional Inferred resource of 104,900 oz grading 6.5 g/t Au..

     

     

    .

    West Red Lake Gold Mines

    Madsen Mill – Courtesy of West Red Lake Gold Mines

     

     

    .

    West Red Lake Gold TSX.V : WRLG
    Stage Production
    Metals Gold
    Market cap C$326m   @ C$0.83
    Location Ontario, Canada
    Website www.westredlakegold.com

     

     

     

    .

    West Red Lake Gold Confirms Additional High-Grade Gold in Lower Austin with 26.16 g/t Au over 11.2m, 37.87 g/t Au over 3.55m and 10.55 g/t Au over 8m

     

     

     

    West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG)(OTCQB: WRLGF)is pleased to report drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada. 

    The drill results featured in this news release are focused on the high-grade Austin Zone, which currently contains an Indicated mineral resource of 914,200 ounces (“oz”) grading 6.9 grams per tonne (“g/t”) gold (“Au”), with an additional Inferred resource of 104,900 oz grading 6.5 g/t Au..

    These results from the 12-4860 drill station are in addition to the Lower Austin intercepts recently announced on October 9, 2025 which highlighted 1 39.45 g/t Au over 7.8 metres (“m”), 74.70 g/t Au over 8.7m and 18.31 g/t Au over 7.5m; and on April 1, 2025 which highlighted 23.81 g/t Au over 5.4m, 30.16 g/t Au over 4.3m and 12.43 g/t Au over 10.5m. The 12-4860 station is located on 12 Level in the Madsen Mine at

    ..

    AUSTIN ZONE HIGHLIGHTS:

    • HoleMM25D-12-4860-031Intersected11.2m @ 26.16 g/t Au, from 50.0m to 61.2m, Including 2m @ 131.70 g/t Au, from 57.4m to 59.4m. This high-grade intercept was complimented by visible gold spatially associated with quartz veining and strong silicification (Figure 1). Hole -031 also intercepted5.65m @ 7.49 g/t Au, from 66.85m to 72.50m, Including0.5m @ 25.26 g/t Au.

    .

    Shane Williams, President & CEO, stated,

    “The Madsen mine ramp up is progressing well, and drilling into new gold zones deeper in the deposit while we ramp up reinforces our view that Madsen will be a sustainable producing asset in Red Lake for many years to come.

     

    “The site team is eager to get the underground drills to deeper parts of the system and is currently finalizing plans for development projects that will facilitate access to more distal portions of the resource for conversion drilling and future mine planning.

     

    “We are staying aggressive in our exploration approach because we believe in the discovery potential at Madsen and within the Red Lake district.”

    .

     

     

    Visible gold showing in hole MM25D-12-4860-031 at 50.05m downhole depth.

    .

    To read the full news release, please click HERE

    ——-

    The live Spot gold price can be found HERE

    .

    =======

    .

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

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

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

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

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

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

    .

    =======

    ,

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

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

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

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

    .

    Disclosure

    At the time of writing the author holds shares in West Red Lake Gold Mines.

    .

    To read our full terms and conditions, please click HERE


    Wesdome Intersects New Zone at Kiena’s Dubuisson Deposit

    Wesdome Gold Mines  (TSX: WDO)

    Announced a new mineralized zone at the Dubuisson deposit, located east of the Kiena Deep deposit at the Company’s 100% owned Kiena Mine Complex in Val-d’Or, Québec.

    The new zone has been intersected by drill hole DB-25-068, returning 4.1 g/t Au (uncut) over 25.8 metres (core length).

    .

    Wesdome Gold mine location map

    Mine location map – Credits Wesdome Gold Mines

     

     

    .

    Wesdome Gold TSX : WDO
    Stage Production, Development
    Metals Gold
    Market cap C3.15 B   @ C$29.86
    Location Ontario and Quebec, Canada
    Website www.wesdome.com

     

     

     

    .

     

    Wesdome Intersects New Zone at Kiena’s Dubuisson Deposit

    .
    Returns 4.1 g/t Au (uncut) over 25.8 metres (core length) below current resource

    TORONTO, Oct. 27, 2025 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX:WDO, OTCQX:WDOFF) (“Wesdome” or the “Company”) is pleased to announce a new mineralized zone at the Dubuisson deposit, located east of the Kiena Deep deposit at the Company’s 100% owned Kiena Mine Complex in Val-d’Or, Québec.

    The new zone has been intersected by drill hole DB-25-068, returning 4.1 g/t Au (uncut) over 25.8 metres (core length).

    Located approximately 100 metres below, and lateral to, the Dubuisson North Zone and currently interpreted to be between the Dubuisson North and South zones, this new zone represents a compelling opportunity to expand the Dubuisson deposit at depth.

    The combined grade and thickness are particularly encouraging, as the intercept highlights the potential for future bulk-tonnage mineralization at Kiena.

    .

    Highlights    

    New Dubuisson Zone

    Drilling confirms a new mineralized zone and resource expansion potential

    • Hole DB-25-068: 4.1 g/t Au over 25.8 metres (from 410.4 metres, core length, uncapped)
                  Including: 6.1 g/t Au over 6.1 metres (from 412.5 metres, core length, uncapped)

    .

    .

     

    Anthea Bath, President and Chief Executive Officer, stated,

    “This new mineralized zone underscores the strong potential for expansion at the Dubuisson deposit.

    “The intercept’s grade, width, and proximity to existing infrastructure – within 350 metres of the Level 33 exploration drift – make it particularly significant.

    “Like the Shawkey South Zone, this area remains completely open at depth and exhibits strong geological similarities to the adjacent Goldex mine.

    “This style of mineralization is particularly exciting as it highlights the potential for bulk-tonnage underground deposits within our land package. While it’s still early days, we are beginning to think about how such deposits could augment future production.”

    .

    To read the full news release, please click HERE

    .

    ——-

    .

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

    ,

    To View Wesdome Gold Mine’s historical news, please click here

    .

    ..Live spot metal prices can be found HERE

    .

    =======

     

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

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

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

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

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

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

    .

    =======

    ,

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

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

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

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

    .

    Disclosure

    At the time of writing the author holds no shares in Wesdome Gold Mines.

    .

    To read our full terms and conditions, please click HERE

    .



    Horizon Minerals Notice Of Share Consolidation

    Horizon Minerals (ASX: HRZ)

    Advised that it intends to undertake a consolidation of capital of the Company on a 15-for-1 basis, subject to the receipt of shareholder approval at its Annual General Meeting to be held on Friday, 28 November 2025.

     

     

    .

    Horizon Minerals

    Horizon Baroora project Mining-Operations – Credits Horizon Minerals

     

     

    .

    Horizon Minerals ASX: HRZ
    Stage Development, Production
    Metals Gold, Nickel, Cobalt
    Market cap A$155 million @ A$0.52
    Location Kalgoorlie, Western Australia
    Website www.horizonminerals.com.au/
    .
    .
    HORIZON MINERALS NOTICE OF SHARE CONSOLIDATION
    .
    .
    Horizon Minerals Limited (ASX: HRZ) (“Horizon” or “the Company”) advises that it intends to undertake a consolidation of capital of the Company on a 15-for-1 basis (“Consolidation”), subject to the receipt of shareholder approval at its Annual General Meeting to be held on Friday, 28 November 2025.

    If approved, the Consolidation will have the effect of decreasing the HRZ Shares on issue to a count below one billion, which is a more appropriate and effective capital structure for the Company as well as providing a Share price more appealing for a wider range of investors.
    As the Consolidation applies equally to all shareholders, the Consolidation will have no material effect on the percentage interest of each individual shareholder.

    In accordance with Listing Rule 7.21 and 7.22 all Options and Performance Rights currently on issue by the Company will be consolidated in the same ratio as Shares, and the exercise price of the Options will be amended as directed by the ASX Listing Rules.

    Where a fractional entitlement arises to a security, the Company will round the fraction up to the nearest whole number.

    The timetable for the Consolidation in accordance with paragraph 7 of Appendix 7A of the Listing Rules is set out below.


    Event     Date

    Consolidation announced to ASX (by Appendix 3A.3) 27 October 2025
    Send Notice of Meeting to Shareholders     27 October 2025
    General Meeting held and approval of Consolidation announced to ASX     28 November 2025
    Effective date of Consolidation     5 December 2025
    Last day for trading on pre-Consolidation basis     8 December 2025
    First day for trading on post-Consolidation and deferred settlement basis     9 December 2025


    Record Date for Consolidation

    Last day to register transfers on pre-Consolidation basis 10 December 2025
    First day to update register and send post-Consolidation holding statements     11 December 2025
    Last day to update register, send post-Consolidation holding statements,
    announce to ASX that this has occurred and trading on deferred settlement
    basis ends (if before noon Sydney time)     17 December 2025

    First day for normal trading on post-Consolidation basis     18 December 2025

    Note: The timetable is subject to change in accordance with the Listing Rules and applicable laws.
    .
    .

    To read the full news release please click HERE

     

    ——-

     

     To View Horizon Mineral’s latest share price and chart, please click HERE

     

    ..To View Horizon Minerals’ historical news, please click here

    .

    The live gold price can be found HERE

    .

    =======

    .

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

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

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

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

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

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

    .

    =======

    ,

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

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

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

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

    .

    Disclosure

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

    .

    To read our full terms and conditions, please click HERE



    Omai Gold Drills 20.33 g/t Au over 5.3m at Wenot

    Omai Gold Mines (TSX.V: OMG)

    Announced assay results from the next phase of drilling at its 100% owned Omai Gold Project in Guyana, South America.

    The current positive drilling results are from two near-surface exploration targets that were identified from trenching, geophysics and historical data.

     

     

    .

    Omai Gold Mines

    Credits – Omai Gold Mines

     

     

    Omai Gold Drills 20.33 g/t Au over 5.3m and 2.72 g/t Au over 16.3m from Exploration Targets and Drilling Continues at Wenot with 5 Rigs

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    Toronto, Ontario – (November 3, 2025) –Omai Gold Mines Corp. (TSX.V: OMG) (OTCQB: OMGGF) (“Omai Gold” or the “Company”) is pleased to announce assay results from the next phase of drilling at its 100% owned Omai Gold Project in Guyana, South America. The current positive drilling results are from two near-surface exploration targets that were identified from trenching, geophysics and historical data.

    Assays are reported for 11 drill holes totalling 2,615m with 6 holes on the BBH target and 5 holes from the Camp Zone.  A total of 64 drill holes have been completed to date this year on the Omai property, totalling 30,297m.

    The deep hole 25ODD-122, testing the blue-sky potential at depth below the Wenot deposit, ended at a downhole depth 2,014m. It was successful in intersecting approximately 280m of the Wenot shear corridor at a depth of approximately 1,120m from surface or 600 m below the known Wenot gold deposit. Assays are pending.

    Five rigs are currently drilling on the Wenot deposit with the goal of completing an additional 8,000m before year end.

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    Highlights from the recent exploration holes include:

    BBH Target

    • Hole 25ODD-131
      • 20.33 g/t Au over 5.30m
        • Including 35.61 g/t Au over 3m

    Camp Zone Target

    • Hole 25ODD-135
      • 2.72 g/t Au over 16.30m
        • Including 9.05 g/t Au over 4m

     

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    Elaine Ellingham, President & CEO commented,

    “We are pleased to provide these exciting results from two of our exploration targets, both nearby the Wenot and Gilt Creek gold deposits. 

     

    “Although we have kept our focus on expanding the Wenot open pit deposit and driving forward to an updated Preliminary Economic Study with a much expanded Omai mine plan, we still believe that identifying and working to define additional satellite deposits will create further value to the project.

     

    “A few of our exploration targets have evidence of higher grade mineralization and present possibilities for satellite pits that could positively impact early cash flow and overall NPV. With today’s results, we will further model these targets to guide additional drilling in these clearly prospective areas.

     

    “We are also pleased to announce that the deep hole 25ODD-122, drilled to test the blue sky potential of the Wenot deposit at depth successfully reached 2,014m. The hole flattened significantly, not unexpectedly but this allowed us to cross over 280m of the Wenot shear corridor at a vertical depth of about 1,120m, which is at least 600m below the deepest known extent of the Wenot deposit. 

     

    “Since we have identified the Wenot deposit along a 2.5 km strike length, this potential depth extension bodes well for the long-term potential of the project. Proving the shear extends this far to depth is a great win. We await assay results.

     

    “Although the Omai Mineral Resource Estimate is quite sizeable, the geological extension to depth of the shear corridor that hosts the gold mineralization in the upper part of Wenot provides the possibility for an even longer mine life.

     

    “Large-scale mine developments support long-term employment and sustainable communities. Omai is located 10km from the only road from Georgetown, the capital city of Guyana, to Brazil. Paving is well underway on this road and there are longer-term plans to establish this as an access to a major deep-water port planned on the coast of Guyana, east of Georgetown. This infrastructure would further benefit the Omai project.”

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    To read the full news release, please click HERE

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