Gold Bulletin

Thursday, June 18, 2026

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Market Commentary

Today's Interesting Company News

Regency Silver Corp: 5,06 G/t Gold, 41,85 G/t Silber and 1,10 % Copper Over 36,35 Meters

(TSXV: RSMX) (OTCQB: RSMXF) Regency Silver Corp. reported the complete results of its 2025/2026 drilling campaign at its wholly owned Dios Padre project near Yecora, Sonora, Mexiko. The campaign included 9 drill holes totaling 6,234 meters in 2026, with a broader campaign of 14 holes totaling 9,375 meters from REG-25-23 to REG-26-35. Drill hole REG-26-35 returned 5.06 g/t Gold (Au), 41.85 g/t Silver (Ag), and 1.10% Copper (Cu) over 36.35 meters within a wider 96.00 meter zone averaging 2.08 g/t Gold. REG-26-29 intersected 266.04 g/t Ag and 0.56% Cu over 7.55 meters within a 21.2 meter zone averaging 107.73 g/t Ag and 0.27% Cu, approximately 250 meters below the historic Dios Padre silver mine. The breccia body hosting mineralization has now been confirmed to extend vertically about 775 meters, with mineralized breccia dimensions at depth of approximately 230 m × 150 m × 50 m and a high-grade core of about 150 m × 75 m × 50 m. A technical report dated March 2, 2023, estimates an inferred mineral resource of 11,375,000 ounces silver equivalent: 1,384,000 tonnes at 255.64 g/t AgEq. The company plans to continue drilling after completion of analysis and is continuing mapping and sampling at Dios Padre and the nearby La India property.

Goldgroup Commences 24,000 M Diamond Drilling Program at San Francisco Gold Project

(TSXV: GGA) (OTCQX: GGAZF) Goldgroup Mining Inc. has commenced a 24,000-metre diamond core drilling program at its 100% owned San Francisco gold project in Sonora, Mexico. The drill program is expected to be completed in the third quarter of 2026 and has a budget estimated at approximately US$8 million, funded in-house. The San Francisco project is fully permitted for a rapid restart of mining operations and is comprised of two open pits, heap leach processing facilities, and associated infrastructure. The project has Measured & Indicated resources of an estimated 1.2 million oz gold (NI 43-101 Technical Report dated May 1, 2026). The company targets a re-start of gold production at the San Francisco project for the end of 2026 or early 2027. Goldgroup is also advancing a proposed business combination with Gold Resource Corporation, which holds a 100% interest in the producing Don David gold mine in Oaxaca, Mexico, and the Back Forty gold/silver development project in Michigan, USA. The company states that successful execution of this transaction could be potentially transformative.

Kenorland Minerals Consolidates Central Uchi Project With Acquisition of Golden Sidewalk Project in the Birch-Uchi Greenstone Belt, Ontario

(TSXV: KLD) (OTCQX: KLDCF) Kenorland Minerals Ltd. has entered into an agreement to acquire a 100% interest in the Golden Sidewalk Project from Prosper Gold Corp. for total consideration of $1,000,000 in cash. The acquisition will consolidate and form part of Kenorland's recently staked Central Uchi Project, which now covers approximately 75,913 hectares in the Birch-Uchi Greenstone Belt of Ontario, approximately 60 kilometres east of Red Lake. The Central Uchi Project spans approximately 30 kilometres of Mesoarchean greenstone stratigraphy and includes the Golden Sidewalk Agreement Area, which hosts several historical gold occurrences, including the past-producing Bathurst Mine and the Joe, KT, Dunkin, and Vihonen prospects. Kenorland holds a 4% net smelter return royalty on the Frotet Project in Quebec, which contains an Inferred Mineral Resource of 14.5 Mt at 5.47 g/t Au for 2.55 Moz of gold. The transaction is subject to the receipt by Prosper Gold Corp. of the approval of its shareholders for the disposition and the approval of the TSX Venture Exchange. The company believes the combination of favourable structural architecture, historical high-grade gold mineralisation, district-scale gold-in-till anomalies, and limited historical systematic exploration provides strong potential for the discovery of additional gold systems within the consolidated Central Uchi Project area.

Oreterra Closes Sale of Option to Buy Down Newmont Lake Royalty for Shares and Cash Valued at $1.1 Million Plus a Potential $22 Million in Future Staged Cash and Advance Royalty Payments

(TSXV: OTMC) Oreterra Metals Corp. announced that the TSX Venture Exchange has provided final approval for, and the Company has now closed, the amending agreement dated April 27, 2026, as amended by a second amending agreement dated June 12, 2026, amending the terms of the January 31, 2022 royalty agreement with Enduro Metals Corporation. Under the agreement, Enduro Metals Corporation has the option to acquire up to 50% of the 2% net smelter returns royalty interest held by Oreterra in the Newmont Lake Project in exchange for 3,900,000 shares (issued in full to Oreterra on closing) and cash valued at approximately $1.1 million ($175,000 of which was paid to Oreterra on closing), plus a potential future $22 million in staged and advanced royalty payments. Oreterra retains a 1% NSR for future exposure to the Newmont Lake Project. The Optionee must issue 3,900,000 common shares and make aggregate payments of $550,000 over two years, with $175,000 paid on closing and $375,000 (up to $250,000 of which may be payable in cash or shares) during the term. Additional potential future consideration includes a $500,000 cash payment upon delivery of a maiden NI 43-101 compliant resource estimate (up to $300,000 may be in shares), a $1,750,000 cash payment and a $1,750,000 advance royalty payment upon completion of the first feasibility study, a $10,000,000 cash advance royalty payment upon a decision to proceed toward mine permitting, and a one-time payment of $8,000,000 prior to commencement of extraction to buy back 50% of the existing NSR. The Second Amending Agreement establishes a deemed floor price of $0.135 for any share consideration potentially payable to Oreterra pursuant to the NSR Agreement. The company projects completion of a maiden two-phase, approximately 10,000 metre drill program at Trek South this summer, fully funded by a $9.7 million financing closed in March.

Endeavour Silver Intersects High-Grade Silver and Gold Mineralization at Its Terronera Operation

(TSX: EDR, NYSE: EXK) Endeavour Silver Corp. announced positive drill results from its exploration program at its newest mine, Terronera, located in Jalisco, Mexico. Since 2025, the Company has completed 43 drill holes totaling 7,015 metres on the La Luz system and 10 drill holes totaling 1,904 metres targeting the Terronera vein. Key highlights include LL-43: 574 g/t Ag, 23.92 g/t Au for 2,607 g/t AgEq over 1.06 metres true width, and LL-77: 1,271 g/t Ag, 0.81 g/t Au for 1,340 g/t AgEq over 0.94 metres true width. At Terronera, TRU-001 returned 282 g/t Ag, 1.80 g/t Au for 435 g/t AgEq over 8.11 metres true width, and TRU-003 returned 150 g/t Ag, 6.30 g/t Au for 686 g/t AgEq over 5.32 metres true width. Two drill rigs are currently operating at Terronera and are expected to continue testing the extension of mineralization along strike and at depth through the middle of the fourth quarter. Management expects the mining of the high grade La Luz deposit will commence in 2027 through a combination of long hole and cut and fill mining methods. The 2026 campaign has been completely analyzed by SGS laboratory.

ICG Silver & Gold Announces Local Drilling Support Arrangements for Upcoming Phase 1 Drill Program at the Tuscarora District

(CSE:ICG) ICG Silver & Gold Ltd. announced that it has entered into local drilling support arrangements with Modern Land & Development LLC ("ML&D"), a Nevada-based contractor, to support the Company's upcoming Phase 1 Drill Program. ML&D has been engaged to provide drill pad, access road, and related earthwork support for ICG's planned 3,000-metre Phase 1 Drill Program. ICG controls 100% of the approximately 10,000-acre land package in the Tuscarora District in northern Nevada, where extensive rock chip sampling, thousands of meters of reverse circulation and core drilling, and tens of kilometers of CSAMT geophysics have been completed. The initial scope of work is expected to include construction and preparation of access roads, drill pads, and sumps required to support the upcoming drill campaign. The program is expected to focus on numerous silver-gold targets, including areas with limited modern exploration but favorable historical results and strong geological potential. The Company's current operational planning includes advancing access preparation, final drill logistics, water sourcing, and site readiness ahead of mobilization. Further updates will be provided as the Company advances toward commencement of drilling.

Cassiar Gold Commences 2026 Exploration Program With 10,000-Metre Phase 1 Drill Campaign

(TSXV: GLDC) (OTCQX: CGLCF) Cassiar Gold Corp. announced the official opening of its exploration camp and the launch of its fully funded 2026 field season at its flagship Cassiar Gold Property in northern British Columbia. The Company has initiated Phase 1 of its 2026 diamond drilling program, targeting 10,000 meters at the Taurus Deposit in the Cassiar North project area. The Taurus Deposit hosts an Inferred resource of 0.95 g/t Au for 1.93 million ounces of gold and an Indicated resource of 1.43 g/t Au for 410,000 ounces of gold, with 91% of ounces occurring within 150 metres of surface. Historical underground mines in the Cassiar South area have yielded over 315,000 ounces of gold at average head grades between 10 and 20 g/t Au. The Hopeful prospect's mineralized footprint has expanded to a 475 m x 330 m area, and Newcoast has a 4-kilometre prospective corridor with confirmed broad intervals of gold mineralization. The Company also holds a 100% interest in properties covering most of the Sheep Creek gold camp located near Salmo, British Columbia, Canada. The company projects that the 2026 program will focus on evaluating extensions of known veins, testing for blind parallel and stacked vein systems, and integrating new geophysical and geochemical data to refine drill targets.

RUA GOLD Reports Strong Drill Results and Advances Pre-Feasibility Study at the Auld Creek Gold-Antimony Project

(TSX: RUA) Rua Gold Inc. announced an update on exploration and development activities at its Auld Creek Gold-Antimony Project in the Reefton Goldfield, New Zealand. The company has completed approximately 10,000 meters of its planned 19,000-meter drill program, with the 100th drill hole collared this week. Highlighted assay results include 2.7m @ 7.6 g/t AuEq (1.8 g/t Au & 2.7% Sb) from 269m and 10.1m @ 2.2 g/t AuEq (2.0 g/t Au & 0.1% Sb) from 331m. Approximately 1,000 kilograms of resource grade mineralization have been shipped to Intertek, Australia for advanced metallurgical testing. The company is on track to complete and incorporate the 19,000-meter drill program and technical studies into the upcoming Pre-Feasibility Study (PFS), with completion anticipated in Q4 2026. The Fast-Track Referral Application is currently under review by the New Zealand Government, with a decision anticipated in July 2026. Since November 2025, the company has conducted more than 500 engagements with local communities, stakeholders, and regulatory agencies.

GT Resources Initiates Field Work at CD Gold - Copper Porphyry Project, Yukon

(TSXV: GT) (OTCQB: CGTRF) GT Resources Inc. has begun the 2026 field program on the CD Project in Yukon's Dawson Range Gold Belt, located near Carmacks. The CD Project hosts a gold-copper porphyry target with valid drill permits until 2033 and features a 1,200 m x 400 m gold-copper-molybdenum anomaly. Historical drilling in the 1970s returned 0.15% Cu over 15.2 m (hole 76-2) and 0.09 g/t Au, 0.10% Cu over 21.3 m (hole 76-4), while trenching yielded 0.43 g/t Au, 0.15% Cu, 196 ppm Mo over 5 m. The 2026 work program includes an airborne MobileMT survey, field reconnaissance mapping, prospecting, and soil sampling over the Maloney porphyry and Schist vein targets. GT currently intends to conduct a 2,500 to 3,000 meter diamond drill program in 2027 to test the gold-rich copper porphyry potential and high-grade gold-silver vein targets at CD. The Casino deposit, located 90 kilometers to the northwest, hosts a Measured and Indicated Resource Estimate of 7.6 billion pounds of copper and 14.8 million ounces of gold (Roth et al. 2022). The company projects that integrating new MobileMT data with existing datasets will allow for improved definition of Maloney porphyry targets and more efficient allocation of exploration capital.

K2 Gold Drills Extensive Disseminated Mineralization and Gold-Silver Epithermal Quartz Veins at Si2 Project

(TSXV: KTO) (OTCQX: KTGDF) K2 Gold Corporation announced the results of its 2026 reverse circulation ("RC") drilling program at the Si2 Gold Project. A total of 3,871 meters was drilled across 8 holes at the property, with analytical results for the submitted samples ranging from below detection to 2.367 g/t Au, and below detection to 11.38 g/t Ag. Hole SR26006 at AOI4 returned consistently elevated gold over 210m, including 18.28m of 0.213 g/t Au and 4.57m at 0.493 g/t Au with 5.01 g/t Ag. At AOI3, SR26008 intersected a vuggy quartz vein returning 2.376 g/t Au with 8.13 g/t Ag over 1.52m, and a broad interval of 124.97m at 0.063 g/t Au. The 2026 program confirmed the presence of an extensive gold and silver bearing epithermal system at the project, with mineralization identified at all target areas drilled to date. The company is actively pursuing discussions with potential joint venture partners to accelerate exploration and advance the Si2 Project. Management targets further exploration, including expanded geological and structural mapping, spectral analysis, and potential step out drilling at AOI4, AOI3, and AOI1.

Antilles Gold Pauses Nueva Sabana EPC Work After Cuban JV Hit With OFAC Sanctions

(ASX: AAU) Antilles Gold has announced that its 50%-owned Cuban joint venture Minera La Victoria S.A. (MLV) has been designated a US sanctions target by the Office of Foreign Assets Control (OFAC) as a Specially Designated National (SDN) on 4 June 2026 in the metals and mining sector in Cuba. As a result, Antilles' US subsidiary AGI has suspended its direct involvement in MLV’s administration, management and funding until further notice, though it is retaining its 50% shareholding in the JV. The company stated that Xinhai Mining is to suspend activity on the EPC contract for the Nueva Sabana mine until either the SDN designation is removed or OFAC licenses MLV to transact with US entities and persons. Previous filings had said the company was still reviewing the implications for project development, financing, governance, operations and strategy. AGI has initiated discussions with the US Department of State and plans to submit a proposal in response to the sanctions issue. Antilles and its subsidiaries will comply with all US sanctions and associated restrictions in the interim. The company has not provided fresh guidance on construction timing, cost impacts or how long the suspension could remain in place.

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