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Monday, August 24, 2026

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Today's Interesting Company News

Carlin Gold Announces Proposed Spin-Out of a 5.0% Net Smelter Return Royalty on Its Cortez Property to Shareholders

(TSXV:CGD) Carlin Gold Inc. announces its intention to create, and subsequently spin-out, a 5.00% net smelter return royalty on its Cortez Summit Property located in Nevada, United States. The Royalty is expected to be granted to a wholly-owned subsidiary of the Company. The Company intends to distribute the shares of SpinCo to the shareholders of Carlin Gold at such time, and on such basis, as management and the board of directors of the Company may determine. The Company expects to distribute the SpinCo Shares to Shareholders pursuant to a plan of arrangement under the Business Corporations Act (British Columbia). The Company is intending to complete the Spin-Out in 2026. The Spin-Out transaction will be subject to finalization of definitive agreements, customary title diligence and completion of the Arrangement including applicable shareholder and court approvals. The Company has entered into a digital marketing agreement with Danayi Capital Corp. dated August 24, 2026, for a term of 12 months, under which Danayi will be paid up to US$100,000 for an initial digital marketing campaign and up to an additional US$100,000 for ongoing campaigns if needed, plus applicable taxes.

Mackay Gold & Silver Completes Acquisition of Comstock Inc.'s Nevada Mining Assets to Further Consolidate the Comstock District

(TSXV:MACK) (OTCQB:MKGSF) Mackay Gold & Silver Corp. has completed its acquisition of 100% of Comstock Inc.'s mining assets in Storey County and Lyon County, Nevada, known as the Silver City Lode Properties. The acquisition expands Mackay's total land holdings by 70% to 4,343 ha (43 km2), consolidating the largest claim package held by one company in Comstock District history. In consideration for the acquisition, Mackay paid US$20,000,000 in cash to Comstock and issued 2,000,000 common shares of the Company to Comstock. On or before December 21, 2027, Mackay shall pay to Comstock US$7,000,000, with up to US$2,000,000 of this amount payable in common shares of the Company, subject to certain conditions. Comstock retains a net smelter returns royalty on the SCL Properties at a rate of 1.5% less the existing royalty burden, with specific provisions for Lyon County parcels. The Buyer has the right to repurchase 100% of the NSR Royalty for a payment of US$3,500,000, or US$7,000,000 if the seven-year period for the contingent payment lapses without payment. The acquisition adds two oxide gold-silver deposits supported by recent S-K 1300 historical estimates, plus a permitted heap-leach and Merrill-Crowe processing facility.

Gold Hart Copper Identifies High Grades of Gold Copper & Silver in First-Ever Comprehensive Geochemical Soil Survey at the Nessa Gold Copper Silver Assets in the Domeyko Fault System

(TSXV:HART) Gold Hart Copper Corp. announced the results from the first-ever comprehensive geochemical soil survey at the Nessa Complex gold-copper-silver properties in the Domeyko Fault System of Chile. The survey identified multiple zones of anomalous gold, copper, and silver, with individual samples returning up to 3,235 ppm copper, 401 ppb gold, and 36 ppm silver. The geochemical survey covered approximately 1,400 hectares (14km2) of the greater Nessa complex, which totals 13,500 hectares (135km2), and analyzed 780 samples by ICP. Prior geochemical rock surveys returned 7 samples grading 1.25% to 4.73% copper, including 4 samples exceeding 2.40% copper, and 12 samples graded above 1g/t gold, with 6 samples grading between 4.10g/t to 9.74g/t gold. At Tolita, the highest grade trench returned 8.61g/t gold equivalent over 10m, including 8m at 10.41g/t gold equivalent, 2m of 10.41g/t gold, 20g/t silver, and 2.88% copper, and grabs of up to 45.75g/t gold, 28g/t silver, and 3.99% copper (approximately 52g/t gold equivalent). Gold Hart is issuing up to 13-Million incentive stock options, bringing the total options to just under 7.5% of the shares outstanding, exercisable for 5 years at a price of $0.26. Gold Hart Copper is fully funded for its planned drill campaign.

Paradigm Gold Reports on Initial Results From 2026 Exploration Program on the Swift-Katie Property, BC and on Corporate Holdings

(TSXV: PDQ) Paradigm Gold Corporation reports that it has completed the Phase I soil sampling program on its Swift-Katie property and has received assay results from the Swift and the Allouez target samples. A total of 362 soil samples were collected at the Swift Target, confirming and extending gold-in-soil anomalies, and 231 soil samples were collected at the Allouez target, delineating a new exploration target. Assay results extended the gold-in-soil anomaly a further 500m to the northeast of the historically defined anomalies at the Swift Target. At the Allouez target, assays returned a strong gold-silver-enriched polymetallic anomaly with up to 385ppm As, 174ppm Bi, 201ppm W, 496ppm Ni, 471ppm Pb and 853ppm Zn, with the soil anomaly up to 100m wide and extending for 1.25km. Paradigm is in the process of implementing a follow-up surface exploration program, including offset soil sampling, prospecting, and small test pits, and planning is underway for drilling in early 2027 with an initial focus on the Swift Target. Two thousand metres of drilling is planned to offset gold mineralization drilled in the TR19 area and around SK17-019 target, which assayed 8.6m of 3.1g/t Au. The Swift Katie Property consists of 19 contiguous MTO mineral claims, covering over 83 square kilometres within British Columbia, and an application has been submitted for a single 613ha claim located to the east of the newly expanded Allouez target.

North Arrow Extends Target AE Strike Length to 1000 M and Completes Rotation 3 Regional RC Drilling, Kraaipan Gold Project, Botswana

(TSXV: NAR) (OTCQB: NHAWF) North Arrow Minerals Inc. reports results from 97 surface samples collected in Q2 2026 at the Kraaipan Gold Project in southern Botswana, extending the potential strike length of Target AE to 1,000 m, with outcrop and float samples returning values of up to 27.8 g/t Au at Target AF and 13.5 g/t Au at Target A. The company completed Rotation 3 regional reconnaissance reverse circulation drilling, comprising 44 holes totalling 1,639 m, as part of its US$2.3 million 2026 exploration program. Surface samples at Target AN, located 3 km north of Target AE, returned a maximum value of 1.67 g/t Au, 500 m along strike and to the north of a 1.33 g/t Au sample collected in 2025. At Target AQ, two bedrock samples returned gold-in-bedrock values of 0.454 and 0.461 g/t Au respectively. Depth to bedrock averaged 31 m with a maximum depth of 45 m. Recent RC drilling at Target AE, along a strike of 260 m, has select intersections of 27 m @ 1.11 g/t Au and 35 m @ 0.57 g/t Au. The company continues to progress the Kraaipan Project with an integrated approach combining interpretation of existing and new high resolution geophysical data, new surface sampling and RC drilling data.

Radisson Announces C$57 Million Strategic Investment by Agnico Eagle to Support an Advanced Underground Exploration Program

(TSXV: RDS) Radisson Mining Resources Inc. has entered into a subscription agreement with Agnico Eagle Mines Limited, pursuant to which Agnico Eagle has agreed to subscribe for and purchase 53,420,000 units of the Company at a price of C$1.07 per Unit for aggregate gross proceeds of C$57,159,400. Following completion of the Investment, Agnico Eagle will beneficially own approximately 10.45% of the issued and outstanding Common Shares of the Company on a non-diluted basis and approximately 14.90% on a partially diluted basis. The Investment will support the commencement of an advanced underground exploration program at Radisson's 100%-owned O'Brien Gold Project located in the Abitibi region of Québec. Each Unit consists of one Class A common share and one-half of one Common Share purchase warrant, with each Warrant exercisable for a period of 60 months at a price of C$1.39 per Common Share and subject to acceleration after 24 months if the VWAP of the Common Shares exceeds C$1.85 for the applicable 20-consecutive-trading-day period. The subscription price of C$1.07 per Unit represents a 6% premium to the Company's closing share price on August 21, 2026 and a 19% premium to its 20-day volume weighted average price. Radisson will continue its ongoing 140,000-metre step-out drill program, fully-funded from existing cash resources. Indicated Mineral Resources are estimated at 0.63 Moz (3.49 Mt at 5.59 g/t Au), with additional Inferred Mineral Resources estimated at 1.69 Moz (10.37 Mt at 5.08 g/t Au).

Resolution Minerals Intersects Broad Gold Mineralisation in Diamond Drilling at Golden Gate South

(ASX: RML) Resolution Minerals has intersected broad gold mineralisation in the first three holes of a diamond drilling campaign at the Golden Gate South target within its Horse Heaven antimony-tungsten-gold-silver project in Idaho. Near-surface assays from the southern extension of the Golden Gate Shear Zone have extended the mineralisation at least 2,000 metres south from Golden Gate North to Golden Gate South. Resolution is drilling up to 45 holes for a total 13,700m at Golden Gate, targeting and defining the scale and extent of gold-tungsten mineralisation at Golden Gate South and Golden Gate North. The first three holes delivered a standout intercept of 305.7m at 0.64 grams per tonne gold, including 6.5m at 1.33g/t from 62m and 17.25m at 1.19g/t from 264.85m. Significant pervasive gold was identified in all three holes, extending the mineralisation at least 2,000m south of the hill at Golden Gate North and confirming “discovery status” at Golden Gate South. Chief executive officer (US operations) Craig Lindsay said the results provided additional support to the view that mineralisation extends continuously through to Golden Gate North, potentially representing a “very significant gold discovery” along the Golden Gate Fault Zone. A close-spaced soil and rock chip program conducted by Stallion Gold Corp in 2021 provided important additional definition and confirmed structural controls associated with the Golden Gate Shear Zone and Vibika Creek fault.

Mithril Silver and Gold Targeting High-Grade Expansion in Mexico’s Sierra Madre

(ASX: MTH) Mithril Silver and Gold is advancing exploration and resource development across its flagship Copalquin gold-silver district, located in Durango, Mexico. The company reported an upgraded JORC-compliant Mineral Resource Estimate for Target 1 comprising 464,000 oz AuEq in the Indicated category (343 koz Au and 8.48 Moz Ag) and 151,000 oz AuEq in the Inferred category (103 koz Au and 3.34 Moz Ag). According to company filings, the updated Target 1 resource reflects a 75% Indicated classification, de-risked using underground mine stope shape constraints. Initial test work on composite samples demonstrated metallurgical recoveries of 96% for gold and 91% for silver. LiDAR surveys and field programs have identified over 13 distinct target areas across the 70 km² concession, with recent maiden drilling programs testing regional targets including Target 2, Target 3, and Target 5. The company lodged its updated technical report for the Target 1 Mineral Resource Estimate, detailing the mine-constrained parameters and underlying geologic assumptions. Exploration announcements highlighted ongoing multi-rig diamond drilling, with recent intercept results extending historical structures at Target 1 and discovering high-grade mineralisation at outer targets. In its recent quarterly reporting the company reported maintained cash reserves allocated toward ongoing diamond drilling, geological studies, and site logistics in Durango.

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