Gold Bulletin

Tuesday, June 16, 2026

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Today's Interesting Company News

Globex Mining Enterprises Inc. Reports High-Grade Gold Intersections at Duquesne West

(CSE:AUOZ, OTCQB:EMAUF) Emperor Metals Inc. has reported continued intersections of high-grade gold across significant widths on the Duquesne West gold property located in the Abitibi of Quebec under option from Duparquet Assets Ltd. 50% owned by Globex. Latest assays from hole DQ 26-20 within the conceptual Main Pit intersected 61.5 g/t Au over 15.0 metres with several occurrences of visible gold. The intersection is primarily made up of two adjoining assays of 557.5 g/t over 1.4 metres and 100.9 g/t Au over 1.0 metre, within a wide 35.8 metre halo of lower but anomalous gold values, presenting an overall intersection of 26.09 g/t Au over 35.8 metres. Hole DQ 26-36 located east of the conceptual pit returned 7.9 g/t Au over 1.5 metres and 0.5 g/t Au over 28.0 metres. The new high-grade intersection occurs 35 metres down plunge from a 1995 historical hole by Sante-Fe Canadian Mining which in Hole DQ95-21 intersected 20.9 g/t Au over 16.0 metres. Emperor’s 2026 drill program is reported to be +15,000 metres which will be combined with 8,000 metres of sampling of historical core.

Valor Gold Announces Exploration Plans for the Courageous Lake Project

(TSX: VGC) (OTCQB: VLGDF) Valor Gold Corp. announced its 2026 plans for the 100% owned Courageous Lake Project. The Courageous Lake deposit is currently defined with a measured and indicated mineral resource of 145 million tonnes grading 2.36 grams per tonne ("g/t") gold ("Au") containing 11.0 Moz Au, and an inferred mineral resource of 41 million tonnes grading 2.52g/t Au containing a further 3.3 Moz. A National Instrument 43-101 compliant preliminary feasibility study (PFS) dated January 2024 outlined an open pit mine producing 2.8 Moz of payable Au over 12 years, with a preliminary economic assessment (PEA) outlining a subsequent 3.7 Moz of payable Au over a further 16 years. The Walsh Lake deposit is 9 kilometers south of the Courageous Lake Deposit and is currently delineated as an inferred mineral resource of 4.1 million tonnes grading 4.18 g/t Au, containing 0.55Moz. Preliminary metallurgy has indicated that this ore is non-refractory with recoveries demonstrated to be 93 to 96%. The company projects that the Q1 2027 drill program will include infill drilling Walsh Lake to an Indicated mineral resource and that integrating this deposit into the mine plan can significantly benefit the project economics by lowering upfront capital costs and improving payback. Valor Gold will be mobilising field crews in late June to refine target potential along the Tundra-Salmita trend, to initiate environmental baseline studies for permitting, and to prepare the camp and infrastructure for a Q1 2027 drill program.

Orestone Completes Airborne Geophysical Survey at Captain Gold Porphyry Project, BC

(TSXV: ORS) Orestone Mining Corp. has completed a MobileMT airborne MagnetoTelluric (MT) survey covering the partially defined, T-2 conductivity target at the Company's 100 percent owned Captain Gold Porphyry Project in North Central British Columbia at an estimated cost of $112,000. The survey was completed over a 26 square kilometre area by Expert Geophysics Surveys Inc. of Newmarket, Ontario, consisting of a total of 157-line kilometres flown over 19 east-west lines of seven (7) kilometres each spaced at 200 metre intervals and four (4) north-south tie lines spaced at 2000 metres. The results of the survey are expected to be received by the Company within 30 days. The Captain project is permitted for 79 drill locations and hosts a large gold dominant porphyry system. Previously released drill intercepts from the Captain project include intervals such as 9.1 metres grading 6.46 g/t gold and 0.27% copper, and 2.0 metres grading 7.05 g/t gold and 0.26% copper. The company projects that the expanded MobileMT survey will better define the T-2 target prior to the next drill program. Orestone's portfolio also includes the Francisca gold-silver project in Salta Province Argentina, where exploration is defining several gold-silver targets.

Mosaic Minerals Announces Start of Exploration Work on Its Golden Island Gold Property

(CSE: MOC) Mosaic Minerals Corporation announced the start of its summer exploration campaign on its Golden Island gold property. Field crews are currently deployed on site to begin preliminary work for the season, including clearing access roads and cleaning historical trenches. The campaign is officially scheduled to run from June 16 until the end of July and will include a GPS survey of all historical trenches, the original shaft, the underground gallery entrance, and the old drill collars drilled by SOQUEM. In 1982, SOQUEM completed a short program of 8 drill holes (1,150 meters), with notable results such as 17.7 meters at 1.18 g/t Au and 25.9 meters at 1.42 g/t Au. Sampling work carried out in the fall of 2024 collected a total of 25 selected samples, with best results including 101.19 g/t Au, 96.13 g/t Au, and 56.69 g/t Au. The company also plans to collect mini-bulk samples of approximately 500 kg each from various identified areas to be processed in a small pilot plant. The company projects that mini-bulk testing will allow for a much more accurate representation of the system's gold content.

Cat Lake First Nation and First Mining Gold Reach Milestone Agreement on Mobilizing the Cat Lake All-Season Access Road

(TSX: FF) First Mining Gold Corp. and Cat Lake First Nation have finalized a landmark agreement to mobilize development of an all-season access road to Cat Lake First Nation in northwestern Ontario, with First Mining committing up to $4 million to directly fund road permitting, right-of-way clearing, geotechnical fieldwork, and detailed engineering design to start in summer 2026. The route will connect Cat Lake First Nation to Sioux Lookout via the Vermilion River Road, utilizing a mix of existing forestry roads and new construction. The project has received collaborative support from the Impact Assessment Agency of Canada, while the role of Ontario is unclear. The agreement ensures all corridor activities adhere strictly to the 35 cultural and ecological conditions derived from the historic, Anishinaabe-led Impact Assessment. Cat Lake First Nation is a remote Anishinaabe community located approximately 180 kilometers north of Sioux Lookout in Northwestern Ontario, home to 650+ residents living on-reserve. First Mining is advancing the Springpole Gold Project in northwestern Ontario, with a final Environmental Impact Statement / Environmental Assessment submitted in November 2024, and the Duparquet Gold Project in Quebec, a PEA-stage development project. The company projects funding commitment for the Cat Lake First Nation all season access road, timing of the start of the project, completing permitting and feasibility study at the Springpole Project, and plans related to its Springpole, Duparquet and other projects.

Emperor Metals Returns 15.0 Meters of 61.5 G/t Gold Including 2.4 Meters of 369.6 G/t Gold

(CSE: AUOZ) Emperor Metals Inc. reported assay results from its 2026 exploration campaign at the Duquesne West Project, integrating +15,000 meters of new drilling with 8,000 meters of targeted resampling of historical core, contributing an additional 23,000 meters of data. Recent drilling returned 15.0 meters grading 61.5 g/t Au in hole DQ26-20 at a down-hole depth of 405.7 meters (approximately 380 m vertical depth), and DQ26-36 intersected 1.5 m grading 7.9 g/t Au and 28.0 m grading 0.5 g/t Au. Previously reported intercepts this year include 35.0 meters grading 3.1 g/t Au and 107.7 meters grading 0.5 g/t Au, and the last phase of drilling DQ24-12 returned 21.7 m of 35.2 g/t Au. The property currently hosts an updated inferred mineral resource estimate (MRE) of 26.9 million tonnes containing 1.46 million ounces of gold at an average grade of 1.69 g/t Au. Emperor has completed around 15,700 meters of drilling and reported results for approximately 7,829 meters to date, representing 18 of the 49 holes drilled so far. The company projects further expansion and strengthening of the deposit, targeting a multi-million-ounce gold resource at Duquesne West through a combination of conceptual open-pit and underground mining scenarios.

Tiger Gold Intersects 234.5 M @ 1.2 G/t Au and 180.3 M @ 1.0 G/t Au at Tesorito

(TSXV: TIGR) Tiger Gold Corp. reported assay results from its ongoing diamond drilling campaign at its Quinchía Gold Project in Colombia's prolific Mid-Cauca gold belt. TSDH-88 intersected 234.54 m @ 1.2 g/t Au from 2 m downhole, including 27.6 m @ 1.8 g/t Au, 26.57 m @ 2.3 g/t Au, and 22 m @ 1.5 g/t Au. TSDH-87 intersected 180.3 m @ 1.0 g/t Au from surface, including 66.5 m @ 1.3 g/t Au. TSDH-86, previously reported, returned 98 metres grading 0.9 g/t Au from 2 metres downhole, including 26.7 metres grading 1.6 g/t Au. Drilling is ongoing with two diamond drill rigs at Ceibal and one at Tesorito, and additional assays are pending from Tesorito and Ceibal. The company states these infill results will feed directly into its year-end Mineral Resource update for Tesorito, aimed at converting a significant portion of the resource to Indicated and informing 2027 engineering studies.

Big Ridge Gold Corp Commences 2026 Drill Program at the Hope Brook Gold Project

(TSXV: BRAU) Big Ridge Gold Corp. announced the commencement of its 2026 drill program at the Hope Brook Gold Project, located on the southwest coast of the island of Newfoundland. The drill program will focus on both infill and step-out drilling at the 240 and Main Zones, as well as approximately 2000 meters of geotechnical and hydrogeological drilling. The Hope Brook Gold Project previously produced 752,162 ounces of gold from 1987 - 1997, with gold recoveries from milling ranging between a low of 78.8% in 1987 and a high of 85.9% in 1989. The project hosts an Indicated gold resource totalling 16,190,000 tonnes grading 2.32 grams per tonne gold for 1.2 million ounces and Inferred resources totalling 2,215,000 tonnes grading 3.25 grams per tonne gold for 231,000 ounces, based on a 0.4 and 2.0 gram per tonne cut-off grades for open pit and underground resources respectively using a long-term gold price of US$1,750. Copper flotation produced a concentrate at approximately 22% Cu and 34.3 g/t Au for shipment in 1992. The project has well maintained infrastructure on site, including an operational 28-person camp, an 1,100-meter airstrip, an ice-free docking facility, and connection to the provincial electrical power grid via an on-site substation. The company anticipates positive results from the ongoing geophysical program that will further define targets that will highlight the potential of the HBGP.

Thunder Gold Acquires 100% of Thunder Lake Property, Shebandowan Greenstone Belt, Ontario

(TSXV:TGOL, OTCQB:TGOLF) Thunder Gold Corp. has executed a Definitive Agreement with Clifford Hickman to acquire a 100% interest in the Thunder Lake Property, consisting of 29 mineral claims totalling 625 hectares. The Property is immediately west and contiguous with the Company's flagship Tower Mountain Property located 40 kilometres west of the port city of Thunder Bay, Ontario. Thunder Gold can earn a 100% interest in the Property by issuing 250,000 common shares to the Optionor, subject to a 4-month hold period, and the Optionor retains a 2% net smelter royalty, half of which may be purchased for C$1,000,000. The Tower Mountain Property now covers over 7,625 hectares, with a January 2026 Mineral Resource Estimate of 34.5 Mt at 0.46 g/t Au (514,000 oz gold) Indicated and 211.1 Mt at 0.45 g/t Au (3,053,000 oz gold) Inferred. The all-in discovery cost is C$3.95 per inferred resource ounce, and a 15,000-metre resource definition drill program is in progress. The effective date of the Mineral Resource Estimate is January 19, 2026, and the calculated gold cut-off grade is 0.19 g/t Au. The company projects significant potential for expansion across multiple zones of the Tower Mountain Intrusive Complex and aims to unlock a discovery that has the potential to become a transformational gold project.

Quimbaya Gold: Geophysics Confirms Gold-Silver Vein Continuity at Tahami South

(CSE: QIM) Quimbaya Gold Inc. reports the results of an integrated ground-geophysical and geological program at its Tahami South project, confirming the continuity of gold-bearing vein structures intersected in the Company's maiden drill program. Maiden drilling intersected the S and V vein systems, returning 2.57 g/t Au and 378.1 g/t Ag over 0.9 m from 362.9 m in TSDH-003, and 0.77 g/t Au and 528 g/t Ag over 1.0 m from 462.65 m in TSDH-007. Ground geophysics (IP / resistivity and magnetics) confirms these structures continue beneath cover, resolving two lithological domains and sharpening targets ahead of the next drill phase. The integrated geophysics and drilling reinforce the northeast continuation of the Segovia vein system, which hosts Aris Mining's Segovia operations, immediately adjacent to Quimbaya's ground. Phase 2 drilling at Tahami South is targeted to commence in Q3 2026. Quimbaya Gold is advancing a district-scale portfolio of more than 73,000 hectares across highly prospective mineral belts in Antioquia, Colombia. Early-stage exploration has identified extensive mineralized vein systems and features consistent with a large, multi-commodity porphyry system prospective for gold, copper and molybdenum.

South Pacific Metals Intersects 12 M at 3.1 G/t Gold, Including 1 M at 18.1 G/t Gold, at New Megabe Target, Ontenu NE; Provides Corporate Update Across Its Multi-Asset PNG Gold-Copper Portfolio

(TSXV: SPMC) South Pacific Metals Corp. reported new high-grade gold drill results from its Ontenu NE project, including 12 m at 3.1 g/t Au and 15.4 g/t Ag from 185 m downhole, with a peak of 1 m at 18.1 g/t Au and 84 g/t Ag. The company has two diamond drills operating at Ontenu NE, and has completed seven holes for 2,804 m within the Osena Project area. At the Kili Teke Project, SPMC holds an NI 43-101 Inferred Mineral Resource of 4.2 Moz AuEq (effective 18 November 2022), comprising 1.81 Moz Au, 802 kt Cu, and 40 kt Mo. Historical drilling at May River includes intercepts such as 19 m at 11.47% Cu and 2.17 g/t Au, and 109 m at 1.53 g/t Au at the Skirasia prospect. Surface exploration and drill targeting are underway at the Anga Project, with previously reported soils anomalies up to 1,080 ppb Au and 3,397 ppm Cu. The company projects continued drilling at Ontenu NE and plans to commence drilling at Ontenu Central, including a first hole of approximately 600 m to test a porphyry target at a depth of around 400 m.

Renegade Gold Mobilizes Field Crews for Inaugural Confederation Belt Exploration Program

(TSXV: RAGE) Renegade Gold Inc. has mobilized field crews to begin its first ever surface field exploration program across its Confederation Belt properties in the Red Lake Mining District of northwestern Ontario. The program targets two properties, Belanger and BobJo, with documented high-grade gold mineralization and includes phased mapping, prospecting, and a contractor-led till survey across the Uchi-LP corridor. At Belanger, three of five identified gold-copper zones remain undrilled across a 900-metre strike system, with historic grab samples grading up to 60.44 g/t gold, 59.7 g/t silver, and 5.47% copper. At BobJo, historic trench assays returned up to 2,942 g/t gold and a drill intercept of 216.6 g/t gold at shallow depth, with the interpreted high-grade plunge target remaining untested. The regional till survey is planned across the Uchi-LP corridor, targeting structures identified by the winter 2025/2026 drone magnetic survey. The program is expected to commence in June and August for Belanger and in July and September for BobJo. The company intends to use these results, together with the winter 2025/2026 drone magnetic data, to advance priority targets toward drill-readiness as part of its planned future exploration drilling program.

ICG Silver & Gold Announces Receipt of All Permits to Commence Phase 1 Drill Program at the Tuscarora District

(CSE:ICG) ICG Silver & Gold Ltd. announced that it has received all required permits to commence its planned Phase 1 Drill Program. The company will launch a 3,000-metre Phase 1 drill program in the Tuscarora District in Elko County, Nevada. The permitted Phase 1 Drill Program includes 25 pads to allow for flexibility when it comes to targeting and will focus on multiple high-priority targets, including East Pediment, Grand Prize, Kings Vein, Modoc, South Navajo, and Battle Mountain. ICG controls 100% of the approximately 10,000-acre land package, on which extensive rock chip sampling, thousands of meters of reverse circulation and core drilling, and tens of kilometers of CSAMT geophysics have been completed. The company has engaged Major Drilling as drilling contractors. The company ststes that the Phase 1 Drill Program is designed to evaluate shallow oxide opportunities and advance ICG's broader objective of unlocking the exploration potential of the Tuscarora District.

Athena Gold Provides Exploration Update From Excelsior Springs, Nevada

(CSE:ATHA) Athena Gold Corporation announced an exploration update from its Excelsior Springs Project in Nevada, where Mammoth Minerals Limited (ASX: M79) is earning an 80% interest over five years, providing Athena a free-carry to Definitive Feasibility Study. Mammoth reported high-grade silver assays up to 17,582 g/t Ag from the Blue Dick Mine Prospect, including 0.20m @ 17,582 g/t Ag, 0.75 g/t Au, 2.76% Cu, and 1.72% Sb, as well as 15,336 g/t Ag, 7.46 g/t Au, 2.53% Cu, and 0.31% Sb from grab samples. Channel sampling highlighted critical mineral potential with results such as 3.02m @ 1.61% Cu, 14.3 g/t Ag and 4.57m @ 1.49% Cu, 24.5 g/t Ag. The Blue Dick area contains more than 6 km of prospective strike, with parallel trends each extending over 3 km, and an RC drilling program is planned to commence in Q3 2026. Athena's Laird Lake project in Ontario covers more than 7,000 hectares, with surface sampling results up to 373 g/t Au, and its Forester project is a 4,900-hectare land package in northwestern Ontario. The Excelsior Springs project spans more than 2,500 hectares and includes at least three historic mines. The company projects further exploration drilling and studies on its projects across North America.

NexGold Mining Signs Memorandum of Understanding With Eagle Lake First Nation and Lac Seul First Nation on Goliath Gold Complex

(TSXV:NEXG) NexGold Mining Corp., Eagle Lake First Nation, and Lac Seul First Nation have entered into a Memorandum of Understanding (“MOU”) establishing a framework for ongoing collaboration, relationship-building and negotiation related to the Goliath Gold Complex near Dryden, Ontario. The MOU reflects a commitment by all parties to increase collaboration as the Project advances through environmental permitting, project planning, development, and potential future operations. The MOU establishes a process for discussions regarding environmental stewardship, monitoring, community engagement, training and employment, business and contracting opportunities, and the incorporation of Traditional Knowledge and Anishinaabe laws and perspectives into project planning and development. The MOU also creates a framework for potential future negotiations of an Impact Benefit Agreement, as well as discussions related to Nations-led environmental assessment and independent monitoring initiatives. NexGold is a gold-focused company with assets in Canada and Alaska, including the Goldboro Gold Project in Nova Scotia, the Goliath Gold Complex (which includes the Goliath, Goldlund and Miller deposits) in Northwestern Ontario, and additional exploration projects across Canada. NexGold also holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project in southeast Alaska. The company projects that ongoing discussions between the parties are expected to continue throughout the next phases of project assessment and development.

Salazar Resources Defines 650m X 500m Gold-Bearing Barite Horizon at El Tigre, Ecuador; Surface Sampling Returns 45m at 8.94 G/t AuEq

(TSXV: SRL) Salazar Resources Limited reported results from rock chip sampling and geologic mapping at its 100%-owned El Tigre Project in Loja Province, Ecuador. The T2 Zone returned 45m grading 8.94 g/t AuEq (weighted average from semi-continuous rock chip samples), and the T3 Zone returned 50m grading 2.02 g/t AuEq. The gold-bearing barite-rich horizon measures approximately 650m x 500m at surface and is locally exposed within a ravine with up to 60m of vertical relief. A total of 66 rock chip samples were collected between March and June 2026, with 15 samples returning values above 0.4 g/t Au, representing 23% of the total. The company is now designing a scout drill program to test both surface mineralization and potential subsurface sulphide mineralization at depth. The El Tigre Project comprises a 288-hectare concession in southern Ecuador, within the Alamor-Lancones Basin. The company notes geological similarities to the Tambo Grande district (TG1 deposit, Peru), a world-class VMS system.

Dryden Gold Launches Major Regional Exploration Program

(TSXV: DRY) Dryden Gold Corp. announced the launch of its 2026 regional summer exploration program across its district-scale land package in the Dryden Gold District of Northwestern Ontario. The fully funded program will include extensive regional mapping and prospecting initiatives, heavy mineral concentrate ("HMC") sampling on targets identified from the Company's 2025 gold-in-till substrate sampling program, and an expanded gold-in-till sampling program on newly acquired claims. The company will deploy three geological mapping crews and two prospecting teams throughout the summer and fall, and the program is expected to include approximately 740 HMC samples collected across the property. These efforts will complement the Company's 45,000-metre drill program primarily focused on expanding and advancing the Company's flagship Gold Rock Target Area. A second drill rig is scheduled to commence operations in early July, allowing the Company to simultaneously evaluate deeper targets on Elora and Big Master, and will also be deployed for drilling at Mud Lake, Selby and Hyndman. The mapping program will be completed at scales ranging from 1:20,000 to 1:30,000, and sampling will be conducted on an average grid spacing of 1,000 metres by 500 metres. The company projects that the program is expected to generate a steady stream of exploration results and news flow.

West Red Lake Gold Commences Surface Drilling at Past-Producing Starratt-Olsen Gold Mine

(TSXV:WRLG) West Red Lake Gold Mines Ltd. announced the commencement of a fully funded surface drilling program at the historic past-producing Starratt-Olsen Mine, located approximately 1.1 kilometers southwest of its 100% owned Madsen Mine in the Red Lake Mining District of Northwestern Ontario, Canada. The drill program at Starratt will consist of up to 4,000 metres of oriented HQ diameter diamond drilling, focusing on up- and down-plunge extensions to previously mined panels and testing for new sub-parallel lenses. Starratt is the second largest gold producer historically on the Madsen property, with approximately 164,000 oz of gold produced between 1948-1956 at an average grade of 6.17 grams per tonne gold. The 4,000m program is expected to be completed mid-August 2026, with assay results released as they become available. The company projects that the deposit at Fork is advancing toward inclusion in the Madsen production profile in 2027. West Red Lake Gold Mines Ltd. controls a 47 km² land package in the Red Lake district, which has historically produced over 20 million ounces of gold from high grade systems. The Rowan Property in Red Lake, covering 31 km², includes three past producing mines and represents a key source of future production growth.

Regency Silver Corp. Intercepts High Grade Mineralization in Step-Out Drilling at the Dios Padre Project, Sonora, Mexico: 5.06 G/t Gold, 41.85 G/t Silver and 1.10% Copper Over 36.35 Metres

(TSXV: RSMX) (OTCQB: RSMXF) — Regency Silver Corp. reports complete results from the 2025/2026 drill campaign at its wholly owned Dios Padre Project, located near Yecora, Sonora, Mexico. The 2026 portion of the campaign comprised 9 drill holes totalling 6,234 metres. 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 metres within a broader 96.00-metre zone averaging 2.08 g/t gold. REG-26-29 intersected 266.04 g/t Ag and 0.56% Cu over 7.55m, within a 21.2m zone of 107.73 g/t Ag and 0.27% Cu. The down-plunge extent of the breccia host to mineralization now extends to approximately 775 metres, and the mineralized zone remains open in all directions. A NI 43-101 Technical Report estimates an inferred mineral resource of 11.375 million ounces of silver equivalent: 1.384 million tonnes at 255.64 g/t AgEq. The company states that drilling is planned to resume upon completion of assessment of the 2025/26 drill program results.

Barton Gold Expands Tunkillia Phase 2 Upgrade Drilling Campaign to 40,000m

(ASX: BGD) Barton Gold has added 10,500 metres to a Phase 2 upgrade drilling campaign at its Tunkillia gold project in South Australia. The campaign began in March with a planned 29,500m following Phase 1 reverse circulation drilling of 18,900m in November to infill the S1 and S2 high-value starter-pit areas. Best assays reported from Phase 1 included 23m at 2.25 grams per tonne gold from 62m, 2m at 5.45g/t from 69m, 1m at 7.5g/t from 75m, 1m at 8.9g/t from 81m, and 22m at 2.43g/t gold from 100m including 1m at 17.6g/t from 107m. Barton has announced plans to expand the reverse circulation (RC) component of the campaign to a total 40,000m. The S1 and S2 starter pits have been modelled to produce an operating profit of $1.3 billion during the first 2.5 years of operation. All other work programs remain on track for target completion of a pre-feasibility study (PFS) before year end. PFS results will inform a mining lease application and project finance discussions scheduled for next year.

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