Gold Bulletin

Monday, August 17, 2026

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Today's Interesting Company News

Lode Gold Commences Metallurgical Drilling at Fremont Gold Mine, Mariposa, CA

(TSXV: LOD) Lode Gold Resources Inc. has commenced metallurgical drilling at the Company's flagship Fremont Gold Mine in California. The metallurgical and engineering company will collaborate with Lode Gold's geology team to establish robust metallurgical criteria and optimize core collection protocols for the upcoming large-diameter (PQ) drill program. This phase of drilling will be focused on the areas where the Company plans to develop the mine. The upcoming exploration and drilling program at Fremont is currently scheduled to commence this Summer. The 2014 Metallurgical Report confirmed a 91% recovery. The Fremont Gold Mine Project is a brownfield project in Mariposa, California with 43,000 m drilled, 10,000 underground channel samples, 14 adits and 2 shafts. The PEA was based on 1.16 Moz at 1.90 g/t Au within 19.0 Mt Indicated, and 2.02 MOz at 2.22 g/t Au within 28 Mt Inferred with a composite cut-off.

Banyan Gold's Nitra Success Validates Mayo Lake's Exploration Model

(CSE: MLKM) Mayo Lake Minerals Inc. highlighted exploration similarities between its proposed drill targets on the Anderson Gold Trend and Banyan Gold Corp.'s newly reported Roaring Fork and Seattle Creek zones at its Nitra Gold Project in Yukon's Mayo Mining District. Banyan Gold Corp. reported 1.62 g/t gold over 5.0 metres, including 17.80 g/t over 0.4 metres, from drillhole NT-26-001 at its Roaring Fork zone. Mayo's 2022 reverse-circulation drilling at Andy-Owl returned 0.80 g/t gold over 6.1 metres and 0.56 g/t gold over 3.1 metres. The mineralized zone at Andy-Owl has been traced for approximately 50 metres and remains open in all directions. Mayo's Peak target contains several broad gold-in-soil belts and blocks along a lengthy linear anomaly, with reported soil values of up to 340 ppb gold. Mayo intends to prioritize Dawn Gulch, Peak and Andy-Owl in its initial Anderson Gold Trend drill campaign, subject to financing and final program refinements. The Anderson Gold Trend is a 48-square-kilometre mineralized corridor within Mayo's 86-square-kilometre Anderson-Davidson property.

Big Gold Engages Palliser Exploration to Execute Exploration Program at the Tabor and Martin Kenty Gold Projects

(CSE: BG) Big Gold Inc. has engaged Palliser Exploration Ltd. to execute the Company's planned summer 2026 field exploration program across its Tabor and Martin Kenty Gold Projects in northwestern Ontario. Palliser Exploration Ltd. will conduct detailed geological and structural mapping, systematic prospecting, surface rock sampling, ground-truthing of priority geological and geophysical targets, and follow-up evaluation of historical gold occurrences and prospective structural corridors. Field crews are expected to mobilize during late summer 2026, subject to weather and operating conditions. The Tabor Project is located within the Shebandowan Greenstone Belt immediately east and along strike of the Moss Gold Project. The Martin Kenty Project is situated within the Cameron Lake Gold Belt, where historical exploration has identified multiple gold occurrences, including grab samples returning up to 8.37 g/t Au. The upcoming program will provide critical field validation of interpreted geological features and assist in refining exploration targets for future trenching and diamond drilling.

Goldgroup Reports Selected Drill Results Highlighting Growth Potential at Don David

(TSXV: GORO) Goldgroup Mining Inc. reported selected drill results from its Don David Gold Mine complex in Oaxaca, Mexico. During the seven months ended July 31, 2026, the Company completed 25,726 meters of diamond drilling in 123 holes, primarily comprising infill and expansion drilling at the Arista and Alta Gracia mines. The program comprised approximately 16,249 meters of infill drilling, 8,794 meters of expansion drilling and 683 meters of ore-control drilling, with more than 97% of the total directed toward infill and expansion programs. Mining at Alta Gracia restarted on February 20, 2026. Drill highlights include Hole 525086 at Sadie 1 with 1.92 meters ETW grading 13.49 g/t Au, 931 g/t Ag and 26.78 g/t AuEq, and Hole 426014 at Independencia W1 with 2.55 meters ETW grading 1.66 g/t Au, 1,695 g/t Ag and 25.85 g/t AuEq. ALS Global (Vancouver, BC, Canada), an independent laboratory accredited to ISO/IEC 17025:2017, performed the analyses for all selected results.

Revival Gold Reports Interim Results on Mercur Column Leach Testing Program

(TSXV: RVG) (OTCQX: RVLGF) Revival Gold Inc. provided an update on metallurgical column leach testing in support of a Prefeasibility Study on the Mercur Project located in Utah, U.S.A. Kappes, Cassiday & Associates completed metallurgical testing on eleven composites from half PQ core samples collected during the 2025 field season from Main and South Mercur. The composites were used to develop 18 column leach tests at crush sizes ranging from 100% passing 6.3 mm (0.25 inch) to 37.5 mm (1.5 inch). Average leach extractions to date for the nine oxide material columns are 81% for gold and 16% for silver, while average leach extractions for the nine refractory material columns are 43% for gold and 31% for silver. Column leaching was initiated at various dates during May, June, and July and is ongoing. Results to date are preliminary and will be reconciled when tail assays from the columns are available following completion of the program this fall. Plans for additional PFS metallurgical testing are ongoing.

Thesis Gold & Silver Announces AngloGold Ashanti to Increase Its Strategic Investment Through a C$58.5M Offering

(TSXV: TAU) (OTCQX: THSGF) Thesis Gold & Silver Inc. announced that AngloGold Ashanti plc will purchase securities of the Company through an offering of hard-dollar common shares and flow-through shares with aggregate gross proceeds of $58,462,111. AngloGold Ashanti will increase its strategic investment in Thesis from approximately 5% to 9.7% of the issued and outstanding common shares of the Company. The Offering will consist of 8,342,257 Common Shares at a price of C$3.4118 per Common Share for gross proceeds of C$28,462,112, 2,020,202 Common Shares issued as "flow-through shares" at a price of C$4.95 per BC CEE Flow-Through Share for gross proceeds of C$10,000,000, and 4,282,655 Common Shares issued as "flow-through shares" at a price of C$4.67 per National CEE Flow-Through Share for gross proceeds of C$19,999,999. The gross proceeds of the Offering from the issuance of Flow-Through Shares will be used by the Company to incur eligible "Canadian exploration expenses" related to Lawyers-Ranch. Qualifying Expenditures in an aggregate amount not less than the gross proceeds from the issue of the Flow-Through Shares will be incurred by the Company on or before December 31, 2027 and will be renounced by the Company in favor of the subscribers for the Flow-Through Shares effective on or before December 31, 2026. The gross proceeds of the Offering from the issuance of Common Shares will be used for working capital and general corporate purposes, including work related to the technical studies currently underway at Lawyers-Ranch. The Company anticipates the Offering will close on or around August 27, 2026, subject to satisfying customary closing conditions.

Drilling Starts at Pacific Ridge's Kliyul Copper-Gold Project; Two Drill Programs Underway

(TSXV: PEX) (OTCQB: PEXZF) Pacific Ridge Exploration Ltd. announced that a ~2,500 m drill program has started at its 100% owned Kliyul copper-gold project in addition to the ~3,000 m drill program underway at the Company's 100% owned RDP copper-gold project. The 2026 drill program at Kliyul will focus on the M39 target area, which is the highest priority target at Kliyul and has never been drilled before. The Kliyul Main Zone (KMZ) hosts 2.42 billion pounds copper equivalent or 5.7 million ounces gold equivalent in the Inferred Mineral Resource category. KMZ hosts 334.1 million tonnes grading 0.33% CuEq (0.15% copper, 0.26 g/t gold, and 0.95 g/t silver) or 386 Mt grading 0.459 g/t AuEq (0.236 g/t gold, 0.142% copper, and 0.911 g/t silver) in the Inferred Mineral Resource category and remains open for expansion. The effective date of the Mineral Resource estimate is July 31, 2025. The Company estimates copper recoveries of 80%, gold recoveries of 65%, and silver recoveries of 65% based on reported recoveries from Mount Milligan. The mineral resource is constrained within a pit shell using metal recoveries of Cu 80%, Au 65% and Ag 65%, an exchange rate of 1.30 CAD:USD, mining cost of C$3.5/t, process cost of C$7.0/t, G&A costs of C$3.0/t, pit slopes of 45 degrees and metal prices of $Cu = US$4.60/lb, $Au = US$2,600/oz., Ag = US$30.00/oz.

West Point Gold Buys Back 2% Royalty, Secures 100% Ownership of Black Dyke and Bull 8 Discoveries

(TSXV: WPG) (OTCQX: WPGCF) West Point Gold Corp. announced that it has entered into a Purchase and Sale Agreement and a Royalty Termination and Release Agreement which accelerate the remaining payments, eliminate a future bonus payment, and eliminate the royalty related to 107 Bureau of Land Management lode mining claims forming part of the Company's Gold Chain Project located in Mohave County, Arizona. Total consideration payable under the Agreements comprised a cash payment of US$960,000. The Agreements resulted in the acceleration of existing cash payments under the Option Agreement; the extinguishment of the 2% net smelter return royalty on gold and silver production; and the removal of any bonus cash payment that may have become payable related to the determination of resources in any future Preliminary Economic Assessment compliant with National Instrument 43-101. In total, the Gold Chain Project consists of 614 BLM claims covering approximately 4,539 hectares and 15 patented claims covering approximately 114 hectares, including the Tyro, Banner and Sheep Trail claim groups. Initial RC drilling at Black Dyke returned 36.6 m at 1.04 g/t Au (GC26-095) from surface, 21.3 m at 0.92 g/t Au (GC26-098), 7.6 m at 1.56 g/t Au (GC26-099), and 12.2 m at 1.09 g/t Au (GC26-101). The 2026 drilling at Bull 8 consisted of six RC holes totalling 856 m, with gold mineralization intersected in every hole, including GC26-136: 21.4 m at 1.01 g/t Au, and GC26-130: 12.2 m at 0.41 g/t Au from only 6.1 m depth. Historical drilling at Gold Chain Hill returned a notable intercept of approximately 52.0 m grading 0.53 g/t Au (Fischer Watt, 1986), demonstrating broad gold mineralization at potentially economic grades.

Alpha's Drilling Confirms Second Target of Scale at Anagulu Copper-Gold Porphyry Project

(TSXV:ALEX) Alpha Exploration Ltd. announced results of its recently completed 2,722 metre H1 2026 exploration campaign, including both core and reverse-circulation drilling, at the Anagulu copper-gold porphyry project. The campaign was supplemented by a 5,921 metre shallow rotary air blast reconnaissance drilling programme. Drill hole ANRD016 delivered a new intercept of 67.00 metres grading 0.38% copper and 0.10 g/t gold, including 34.00 metres grading 0.61% copper and 0.15 g/t gold, and 12.00 metres grading 1.20% copper and 0.30 g/t gold. The Discovery Target Zone quartz-eye porphyry-hosted mineralization was expanded 60 metres to the northeast and other copper-gold-mineralized units were extended 250 metres along trend. The Camel target zone was confirmed as a 1.25 kilometre long quartz-eye porphyry unit with copper sulphide and gold mineralization, with an untested 1.1 kilometre segment to the southwest where width and grade increase. Two continuous zones of over 1,000 ppm copper, with RAB sample values ranging from 1,067 to 3,274 ppm copper, were identified at the Camel target. The Anagulu project is located within the Company's 100% owned, 514 km² Kerkasha Project in Eritrea.

Ecr Minerals: Farm-in & JV Agreements for Creswick Gold Project

(AIM:ECR) ECR Minerals plc has executed legally binding conditional farm-in and joint venture agreements with Bold Gold Resources Pty Ltd for the Creswick Gold Project in Victoria, Australia, securing up to A$3 million in exploration commitment through a staged earn-in structure. Bold Gold may invest up to A$3 million to earn up to an 80% interest in Creswick, with an initial A$250,000 minimum exploration commitment during the first 12 months. The Dimocks Main Shale at Creswick extends for approximately 15 kilometres and is situated between goldfields estimated to have collectively produced approximately 15 million ounces of gold. Previous drilling at Creswick by ECR has intersected high-grade gold mineralisation exceeding 20 grams per tonne gold. ECR Australia has the right to receive up to A$2 million in payments from the sale of the Avoca, Moormbool and Timor gold projects to Fosterville South Exploration Ltd and Leviathan Gold Ltd, subject to future resource estimation or production. ECR Australia also has approximately A$77 million of unutilised tax losses incurred during previous operations.

Jangada Mines: Molly Gold Project Drilling & Exploration Update

(AIM:JAN) Jangada Mines plc has completed the Phase 1 drilling programme at the Molly Gold Project in Brazil and reported the discovery of bonanza gold grades at the Vivi target. The drilling has validated historical data from Molly and extended the mineralisation envelope along strike and down dip, with Molly 1 already having an inferred resource of 130,000 ounces of gold at an average grade of 2 g/t. Final Phase 1 drill hole highlights include Hole 13A with 21.81 g/t Au, 9.50 g/t Ag and 0.67% Cu over 0.5m, and Hole 3A with 20.76 g/t Au over 0.5m, 11.50 g/t Au over 0.58m, and 5.75 g/t Au over 0.55m. A new style of disseminated mineralisation was discovered in Hole 4A, intersecting 14.15m of disseminated gold at 1.19 g/t with a higher-grade core at 8.39 g/t over 0.50m. Vivi Target rock-chip samples returned up to 306.2 g/t Au, 166.0 g/t Ag, 2.24% Cu, 2.19% Pb, and 1.12% Zn. A 350 line-km Mag-drone survey and a 20.8 line-km ground Induced Polarisation (IP) survey are underway across the Project. The company remains well financed with over £1million in cash and is fully funded for the next phase of exploration.

Astral Resources Extends Theia Deeps at Mandilla With Broad Gold DD Intersections

(ASX: AAR) Astral Resources has returned further broad gold intersections from deep diamond drilling beneath the Theia Deposit at its 100%-owned Mandilla gold project in Western Australia, extending mineralisation beyond the April 2026 mineral resource estimate shell. The standout result was 52.75 metres at 4.67g/t gold from 445.25m, including 0.34m at 477g/t gold. Astral also reported 45m at 1.39g/t gold from 389m and 25m at 1.68g/t gold from 546m, with all three intersections located outside the current MRE shell. The latest assays came from three holes across 1,817.3m of drilling. Astral has expanded the Theia Deeps program from an original six holes for 3,000m to 21 holes for 11,000m, with 13 holes completed so far. Theia is the cornerstone deposit at Mandilla with about 1.4 million ounces of gold, while the wider project has an April 2026 MRE of 53.5 million tonnes at 1.0g/t gold for 1.74 million ounces. Astral has completed 193 holes for 19,445m of a planned 431-hole, 44,400m RC program.

Sinclair Gold Signs Binding Earn-In Agreement for Sala Project in Sweden

(ASX: SGC) Sinclair Gold has signed a binding earn-in agreement with Medaro Mining covering its Sala project in Sweden, replacing the non-binding arrangement the two parties outlined in May. The transaction represents up to $3.4 million in potential cash consideration, Medaro shares, and exploration expenditure, while preserving Sinclair’s exposure to any future success at Sala through a net smelter return royalty. Medaro can earn up to a 100% interest in the project through staged payments and exploration commitments, with up to $1.3m in cash consideration, up to 1.2 million Medaro shares currently valued at about $300,000, and $1.75m of funded exploration expenditure. The binding agreement will establish an incorporated joint venture through a newly formed Swedish entity, with Sinclair and Medaro each holding an initial 50% interest. Medaro must spend at least C$750,000 on exploration within one year of commencement to retain its initial interest, after which it must pay Sinclair C$250,000 and issue 250,000 Medaro shares. A further C$1m exploration commitment, C$500,000 cash payment, and 300,000 shares would lift Medaro’s interest to 90%, with another C$500,000 and 400,000 shares required to acquire the remaining 10%. Mt Henry contains total mineral resources of 24.5 million tonnes at 1.2 grams per tonne gold for 915,000 ounces across Mt Henry, Selene, North Scotia, and existing stockpiles.

Rox Resources Broadens Youanmi Mine Plan With High-Grade Gold Hits

(ASX: RXL) Rox Resources has returned further high-grade gold from underground drilling at its 100%-owned Youanmi gold mine in Western Australia, led by an intercept of 2.24 metres at 39.33 grams per tonne gold from 220.70m. Mining reached 522m in July, including 350m of development advance across three mining areas and 172m of stripping in the historical Youanmi Decline, exceeding overall advance rates assumed in the DFS. Rox has also signed a major power contract and reported continued processing plant construction as it targets first gold from Youanmi in mid-2027. Underground diamond drilling remained on schedule during July with 17 holes completed for 3,198m, as Rox works towards having the mine infill drilled to 12 months ahead of mining by mid-2027. Results included 10.40m at 2.65g/t gold with a 4.37m interval at 4.96g/t, while another hole returned 5.00m at 6.39g/t including 1.27m at 22.36g/t. Construction of the processing plant is progressing on schedule, with the facility designed for a nameplate capacity of 1.0 million tonnes per annum and concrete foundations advancing across key areas. Rox has executed a 10-year Power Purchase Agreement (PPA) with Pacific Energy under a build-own-operate structure, with pricing in line with assumptions contained in the DFS financial model and extension options available for future mine growth.

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