Gold Bulletin

Wednesday, August 19, 2026

Gold Market Context: Macro Drivers

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Today's Interesting Company News

Juggernaut Drills 30.11 Meters of Quartz-Sulphide Mineralization Intersects Big Mack Zone Over 450 Meters on Strike and to Depth of 1/2 Km and Remains Wide Open for Expansion on New District Scale High-Grade Gold Silver Copper Discovery on 100% Controlled Big One Property, Golden Triangle, B.C.

(TSX-V:JUGR) (OTCPK:JUGRF) Juggernaut Exploration Ltd is pleased to report that initial observations from the maiden drill program have already confirmed the extent of the Big Mac Zone to a depth of 1/2 kilometre (500 m) and a strike of 450 m where broad intervals up to 30.11 meters of quartz-sulphide mineralization have been intersected on the newly discovered district scale gold, silver, copper rich system on the 100% controlled Big One property, Golden Triangle, British Columbia. Multiple drill holes intersected substantial intervals of broad quartz-sulphide veins and shears containing quartz-sulphide mineralization and textures visually similar to those observed in surface samples that assayed up to 114.60 g/t AuEq (3.66 oz/t AuEq) and continuous channel cuts yielding up to 4.89 g/t AuEq over 5.21 meters. The fully funded 2026 drill program has been expanded by ~30% from 10,000 m to ~13,000 m. Surface exploration at the Big Mac Vein has returned several high-grade results, highlighted by grab samples assaying up to 114.60 g/t AuEq (3.66 oz/t AuEq) and a continuous channel cut yielding 4.89 g/t AuEq over a width of 5.21 meters. The district-scale Eldorado System covers an area of 22 km that remains wide open where grab samples assayed up to 263.70 g/t AuEq or 8.48 oz/t AuEq (256.60 g/t Au, 546.00 g/t Ag, 0.43 % Cu, 0.41 % Pb and 0.01 % Zn) from 400 mineralized veins that remain open and are up to 10 m wide, hosted in shear zones up to 50 m wide, and are exposed on surface for 500 m with 1 km of vertical relief. The Gold Swarm Discovery is a 3 km area of strong gold potential with 100 gold-rich polymetallic veins exposed on surface for 200 m and up to 4.5 m wide with up to 700 m of vertical relief, where grab samples assayed up to 231.81 g/t AuEq or 7.45 oz/t AuEq (226.94 g/t Au, 335.00 g/t Ag, 0.00 % Cu, 4.99 % Pb and 0.01 % Zn) that remains open. 41% (219 samples out of 527) collected within the Eldorado System in 2024 and 2025 assayed 1 g/t AuEq; 65% (28 samples out of 43) collected within the Gold Swarm Zone in 2024 and 2025 assayed 1 g/t AuEq. The 5-year drill permit valid until March 31, 2031, will allow the Company to define the extent of the mineralization at depth as well as fully understand the geometry of the system and related drivers of the mineralization in preparation for a future resource.

Athena Announces Red Lake's Newest Grassroots Discovery: Drills 23.85 Grams Per Tonne Gold Over 5 Metres at Laird

(CSE: ATHA) (OTCQB: AHNRF) Athena Gold Corporation announced a near-surface, high-grade, grassroots gold discovery at its flagship Laird Lake project in Ontario's Red Lake Gold District. Hole LL-26-006A returned 23.85 g/t Au over 5 m from 21.0 m to 26.0 m, including 62.9 g/t Au over 1 m from 21 m and 54.1 g/t Au over 1 m from 23 m. Scooby Zone was also intersected in hole LL-26-008 at a vertical depth of approximately 400 m below LL-26-006A, returning 8.03 g/t Au over 0.62 m within a broader zone of 1.37 g/t over 4.5 m from 609.5 m. The maiden drill program consisted of nine holes totaling 5,134 metres. The follow-up program planned for Fall/Winter will include approximately 10,000 m of drilling testing the extensions of the Scooby Zone and ground truthing historic trenches near LL-26-001 and the Nemo Zone. The Red Lake Mining District has produced over 30 million ounces of gold since the late 1920s. Athena's Laird Lake project covers more than 10 kilometres of the Balmer-Confederation contact, most of which remains untested by modern drilling.

Planned Arctic Economic and Security Corridor All-Weather Road Positively Affects Sixty North Gold's Mon Gold Mine, NWT

(CSE:SXTY) Sixty North Gold Mining Ltd. provides an update on its wholly-owned Mon Gold Mine, Yellowknife, NWT. The company notes that the corridor, as selected, encompasses Sixty North Gold's wholly-owned Mon Gold Mine. Mining at the Mon Gold Mine in the 1990's extracted 15,000 tonnes of ore to depths of only 15 metres below surface, recovering an estimated 15,000 ounces of gold. Recently, underground development has intersected the productive A-Zone 17 m below the historic stopes as planned. The company plans to develop and mine stopes in the East Limb, West Limb and DD Zone and to extend the ramp to allow for the development of deeper levels. The all-weather road access to the Mon Mine is projected to significantly reduce operating costs by avoiding the need to build a winter road for heavy equipment and bulk supplies delivery, as well as shipment of concentrates out from the mine. Operating costs will be reduced by allowing for smaller, as-needed resupply of consumables.

Altamira Gold Secures Land Access to High-Priority Gold Targets, Unlocking a New Phase of Exploration in the West of the Cajueiro Gold District, Brazil

(TSXV: ALTA) Altamira Gold Corp. has secured surface access to the western extension of the Cajueiro exploration licenses, including the high-priority Novo Sonho target, covering an area of 58km2, of which only 5km2 has been systematically sampled to date. Novo Sonho is located approximately 3km west-southwest of Maria Bonita, Brazil's first confirmed porphyry gold deposit, which hosts a maiden Indicated Resource of 24.2Mt @ 0.46g/t gold (357,800oz) and Inferred Resource of 25.6Mt @ 0.44g/t gold (362,400oz). The Cajueiro Central area has a current open pit resource of 5.66Mt @ 1.02 g/t gold containing 185,000 oz in the Indicated Resource category and 12.66Mt @ 1.26 g/t gold (515,000 oz) in the Inferred Resource category, estimated using a cut-off grade of 0.25g/t Au and a gold price of US$1,500/oz. The Maria Bonita open-pit resource consists of Indicated Resources of 24.19Mt @ 0.46g/t gold (357,800oz) and Inferred Resources of 25.64Mt @ 0.44g/t gold (362,400oz), calculated using a 0.2 g/t gold cut-off grade and a gold price of US$2,780/oz. These resources include near-surface saprolite Indicated Resources of 2.02Mt @ 0.59g/t gold (38,000oz) and Inferred Resources of 0.68Mt @ 0.40g/t gold (8,700oz). The Cajueiro district consists of two independently estimated gold mineral resources at Cajueiro Central and Maria Bonita, plus a series of eight additional untested exploration targets within a radius of 8km of Cajueiro Central. The Cajueiro district is located approximately 75km NW of the town of Alta Floresta in the state of Mato Grosso in central western Brazil.

New Break Drills 5.28 G/t Au Over 11.2 Metres and 3.95 G/t Au Over 14.0 Metres Delivering Further Strong Results at Its Moray Gold Project

(CSE:NBRK) New Break Resources Ltd. has completed an additional 1,996 metres of drilling in 10 drillholes at its 100% owned Moray gold project and reports assay results from the first six of these holes. Assays for the remaining four holes covering 1,198 metres are pending. In total, New Break has completed 5,372 metres of drilling in 32 drillholes in 2026. Hole NBR-26-27 returned 5.28 g/t gold over 11.2 metres from 160.3 to 171.5 metres. Hole NBR-26-28 returned 3.95 g/t gold over 14.0 metres from 150.0 to 164.0 metres, including 0.927 g/t gold over 2.5 metres in the syenite from 150.0 to 152.5 metres. The Moray property is located 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine operated by Alamos Gold Inc. New Break holds a 20% carried interest in the Sundog gold project in Nunavut, Canada, and owns 6.0 million shares of Guardian Exploration Inc. (TSXV: GX).

Kirkland Lake Discoveries Expands Mirado Gold System With 80 M Step Out Including 4.4 M of 20.29 G/t Au

(TSXV: KLDC) (OTCQB: KLKLF) Kirkland Lake Discoveries Corp. reports assay results from seven additional drill holes at the Mirado Gold Project, including broad near-surface mineralization, high-grade gold below the historical resource and an extension of the North Zone. Hole KLM26-022 intersected a high-grade interval returning 20.29 g/t Au over 4.4 m from 177.6 m to 182.0 m. Hole KLM26-021 in the South Zone demonstrated broad continuity, returning 0.34 g/t Au over 41.2 m from 123.8 m to 165.0 m, and deeper in the same hole, drilling intersected 1.33 g/t Au over 18.0 m from 265.0 m to 283.0 m. Step-out drilling in the North Zone with hole KLM26-023 returned 2.27 g/t Au over 9.1 m from 37.9 m to 47.0 m, including 3.98 g/t Au over 5.0 m, and also returned 0.34 g/t Au over 21.0 m from 191.0 m to 212.0 m. Six holes completed at MZ Zone intersected intense silica—chlorite—epidote alteration with disseminated and fracture-filled pyrite; assays are pending. Four additional regional holes completed southwest of Mirado intersected intense silica-potassic-hematite-epidote alteration and broad disseminated and fracture-filled chalcopyrite and pyrite; a total of twenty-two holes have assays pending. Kirkland Lake Discoveries Corp. has assembled a 420-km² exploration portfolio in the Kirkland Lake region of Ontario's Abitibi Greenstone Belt.

Founders Metals to Consolidate 100% Ownership of Antino Gold Project; Gold Fields Increases Strategic Stake to 19.9%

(TSXV: FDR) (OTCQX: FDMIF) Founders Metals Inc. has entered into a share purchase agreement dated August 18, 2026, with Nana Resources N.V., pursuant to which Founders will acquire the remaining 30% of the issued and outstanding shares of Lawa Gold N.V. from Nana, resulting in Founders consolidating 100% ownership of Lawa. Lawa holds all mineral rights, concessions, and infrastructure comprising the Antino Gold Project in southeastern Suriname. Concurrently, Gold Fields Netherlands Services B.V., an affiliate of Gold Fields Limited (JSE: GFI) (NYSE: GFI), has agreed to make a strategic investment of C$76,958,864 in Founders through a private placement of 14,146,850 common shares at a price of C$5.44 per share. Following closing, Gold Fields is expected to hold approximately 19.9% of the issued and outstanding common shares of Founders. The consideration for the acquisition includes US$17,000,000 payable in cash, 13,568,944 Common Shares, and up to US$21,000,000 in contingent milestone payments. The outside date for the transaction is November 30, 2026, which may be extended by up to 90 days by mutual agreement. Closing of both the transaction and the Gold Fields investment is expected to occur on or about September 4, 2026.

Onyx Gold Intersects 1.7 G/t Au Over 67.0 Meters, Including 13.2 G/t Over 6.0 Meters and Visible Gold Grading 73.4 G/t Au at Argus Main

(TSXV: ONYX) (OTCQX: ONXGF) Onyx Gold Corp. reported assay results from nine drill holes at the Argus Gold System at its 100%-owned Munro-Croesus Project, located 75 kilometers east of Timmins, Ontario. Drill hole MC26-340 at Argus Main returned 1.7 g/t gold over 67.0 meters, including 4.1 g/t gold over 24.5 meters and 13.2 g/t gold over 6.0 meters, with a sub-interval of 73.4 g/t gold over 1.0 meter. Drill hole MC26-329, drilled approximately 150 meters down-dip, returned 0.7 g/t gold over 144.5 meters, including 1.1 g/t gold over 75.0 meters and 2.1 g/t gold over 21.3 meters. The Argus Gold System has demonstrated gold mineralization across approximately 1.4 kilometers of strike and more than 700 meters vertically. The company's 110,000 meter drill program is approximately 75% complete, with four drill rigs currently operating. Onyx controls approximately 8 kilometers of prospective strike along the Pipestone Fault corridor and approximately 16 kilometers of the interpreted Argus Fault. Onyx is fully funded with approximately $14 million in cash. The Munro-Croesus Project covers 112 km2 of highly prospective geology within the influence of major gold-bearing structural breaks.

Orecap Receives TSXV Acceptance for Stardust Agreement on McGarry Gold Project

(TSXV: OCI) (OTCQB: ORFDF) Orecap Invest Corp. announced that it has received acceptance from the TSX Venture Exchange for the option agreement dated November 17, 2025, pursuant to which Orecap has optioned its McGarry project to Stardust Metal Corp. The Agreement provides Stardust with the right to earn up to a 75% interest in Orecap's high-grade McGarry Project, located in the heart of the Kirkland Lake Gold District. Under the Agreement, Stardust may earn up to a 75% interest in McGarry through a two-stage option, with Option 1 requiring $13 million in total commitments over four years and Option 2 allowing Stardust to acquire an additional 25% interest for a $50 million cash payment to Orecap. Orecap is a significant shareholder of Stardust, owning 4.9 million shares, representing approximately 10.9% of Stardust's outstanding shares.

Independence Gold Intersects 9.07 G/t Gold and 70.56 G/t Silver Over 31.04 Metres at the Tommy Vein, 3Ts Project, BC

(TSXV: IGO) (OTCQB: IEGCF) Independence Gold Corp. announced drill results from the Tommy Vein System at its wholly owned 3Ts Gold and Silver Project. The 3Ts Project comprises thirty-one mineral claims covering approximately 35,486 hectares in the Nechako Plateau region, situated approximately 185 kilometres southwest of Prince George, British Columbia. Drill hole 3TS-26-34 intersected 31.04 metres grading 9.07 grams per tonne gold and 70.56 grams per tonne silver, including 9.77 metres grading 18.24 grams per tonne gold and 90.69 grams per tonne silver. Drill hole 3TS-26-27 intersected 27.63 metres grading 5.86 grams per tonne gold and 51.83 grams per tonne silver, including 5.07 metres grading 16.20 grams per tonne gold and 126.23 grams per tonne silver. The updated mineral resource estimate for the 3Ts Gold and Silver Project, completed in the fourth quarter of 2025, reports a total indicated resource of 2,794,000 tonnes grading 3.18 grams per tonne gold and 82.35 grams per tonne silver, and a total inferred resource of 2,962,000 tonnes grading 3.14 grams per tonne gold and 73.27 grams per tonne silver. The company recently completed an AI-assisted prospectivity analysis of the 3Ts Project with Mineural Inc., integrating historical geological, geochemical, structural and geophysical datasets using its IRIS platform. Randy Turner, President and CEO, stated that the Tommy results provide another important test of the structural model developed during the 2026 program.

Goldplat: Q4 Operating Results, Dividend Declaration & CFO

(AIM:GDP) Goldplat plc reported a combined operating profit for the quarter ended 30 June 2026 of £3,224,000, compared to £1,670,000 in FY Q4 2025, excluding listing and head office costs, finance cost and foreign exchange gains/losses. Net finance cost and foreign exchange profits in Q4 resulted in a combined profit before tax excluding listing and head office and small subsidiary costs for Q4 of £3,439,000, compared to £766,000 in FY Q4 2025. The South African operation achieved a profit before tax for Q4 of £2,609,000 (FY Q4 2025 - £602,000) and the Ghanaian operation achieved £830,000 (FY Q4 2025 - £164,000). GRG invested a further £351k during Q4, bringing the total capital spend for the year at £720k, while GPR invested a further £467k during Q4, bringing the total capital spend for the year at £1,299k. An interim dividend of £400,000 will be paid to shareholders on 15 September 2026, at a rate of 0.23285 pence per share, with the record date being 28 August 2026 and ex-dividend date 27 August 2026. Cash balances in the group were £8,820,000 at the end of Q4, with the current cash balance at around £6,000,000. Prasad Jayakody has been appointed as non-board Chief Financial Officer, joining the Company at the beginning of August.

Auro Intersects 496.5m Grading 0.76 G/t Gold and 0.12% Copper, Including 212.5m Grading 1.12 G/t Au and 0.14% Copper at the Santa Barbara Gold-Copper Project, Ecuador

(TSXV: AURO) (OTCQB: AURFF) Auro Metals Inc. announced the fourth batch of assay results from four drillholes from the 2026 Phase I Drill Program at its 100%-owned Santa Barbara Gold-Copper Project located in the Zamora-Chinchipe Province in southeastern Ecuador. Since the commencement of the program, 22 drill holes have been completed and assay results of 14 holes have been received. Drillhole DSB-61 intersected 496.5 metres grading 0.76 grams per tonne gold and 0.12% copper from 88.5m to 585.0m, including 212.5m grading 1.12 g/t Au and 0.14% Cu from 117.0m to 329.5m, and 10.65m grading 0.59 g/t Au and 0.08% Cu from 709.95m to the end of hole. Drillhole DSB-67 intersected 380m grading 0.71 g/t Au and 0.1% Cu from 76.5m. Drillhole DSB-66 intersected 287m grading 0.51 g/t Au and 0.08% Cu from surface.

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