Gold Bulletin

Wednesday, August 5, 2026

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Today's Interesting Company News

Compass Gold Reports Final Diamond Drilling Assays at Massala Prospect, Intersecting 8.35 M @ 2.82 G/t Au

(TSXV: CVB) Compass Gold Corp. reported positive assay results from a recently completed 42-hole diamond drilling program at the Massala prospect on the Sikasso Property in Southern Mali. The drilling tested a 340 m mineralized zone along the approximately 3 km Tarabala fault, with gold mineralization intercepted in all 13 sections drilled and present over the entire strike length, remaining open down-dip. The widest interval and highest grade reported was 18 m at 4.99 g/t Au (from 17.3 m), including 3.8 m at 21.94 g/t Au and 0.8 m at >100 g/t Au, while new assays included 8.35 m at 2.82 g/t Au and 3.3 m at 5.07 g/t Au. The 42-hole diamond drill program totaled 1,457.3 m and was completed on May 22, 2026, with gold mineralization encountered in 82% of all drill holes. The company notes that the Small Mine Permit at Massala is pending, and additional drilling and metallurgical testing are being considered. The company projects that these results will be reviewed as part of the planning for initial production at Massala.

Legacy Gold Intersects 1.44 G/t Gold Over 80ft (24.4m) Starting 7ft (2.1m) Vertically Below Surface, Incl. 15.8 G/t Over 5ft (1.5m), in First 2026 RC Hole, Extending Main Zone 220m (720ft) North at Baner, Idaho

(TSXV: LEGY) Legacy Gold Mines Ltd. reported assay results from LG26-005, the first reverse circulation (RC) hole of its 2026 drill program at the Baner Gold Mine Property in Idaho County, Idaho, USA. LG26-005 extended Main Zone gold mineralization 220m (720ft) north of the nearest previous drill intersection and returned 0.86 g/t Au over 45.7m (150ft) from 13.7m (45ft) downhole, including 1.44 g/t Au over 24.4m (80ft) and 15.8 g/t Au over 1.5m (5ft). The company has completed Phase 1 of its 2026 work program and commenced Phase 2 RC drilling, which is currently expected to continue through August and into September. The 2026 drill program was designed to core drill the first 12,000ft (3,658m), followed by up to 28,000ft (8,536m) of RC drilling, with the RC phase planned to comprise up to 43 holes. The initial exploration target at the Baner Property is approximately 50.3 million to 55.3 million tonnes at average grades ranging from approximately 0.72 g/t Au to 0.91 g/t Au. Initial metallurgical cyanide leach testing gave 87.1%-93.2% recovery. The company projects that the RC portion of this summer's exploration program is expected to increase the footage drilled and accelerate the return of assay results.

Lodestar Metals Reports Bulk-Tonnage Gold-Silver Potential at the Gold Run Project in Nevada

(TSXV: LSTR) (OTCQB: SVTNF) Lodestar Metals Corp., an exploration company, reports assay results from the first six reverse-circulation ("RC") holes of its maiden 2,680m drill program at the flagship Gold Run project in Nevada. The initial 1,143 m of drilling at the Robbers Knob target identified multiple gold-silver mineralisation styles and strong bulk-tonnage potential, with highlights including 16.8 m grading 6.07 g/t Au and 41.1 g/t Ag in LSRC04, and 70.1 m grading 0.54 g/t Au and 6.7 g/t Ag in LSRC03. Assays are pending for 12 additional RC holes totaling 1,537 m across three priority targets: Gomes, Black Diamond, and Crown North. The maiden RC drill program tested four high-priority gold-silver targets across Gold Run and comprised 18 holes totaling 2,680 m. Sampling procedures included collecting samples at 5 ft (1.52 m) intervals, with QA/QC protocols of approximately 3 blank samples, 2 standard samples, and 3 field duplicates per 100 samples. The company projects follow-up drilling is expected to test the scale and continuity of deeper mineralisation and believes this program marks an important step in defining the broader scale potential of the Gold Run project. All QA/QC samples were within expected tolerances, and final analytical results were reported in certified laboratory assay certificates provided to the Company's management and technical team.

Cabral Gold Appoints Accomplished Exploration Geologist Elton Pereira as Vice President Exploration

(TSXV: CBR) (OTCQX: CBGZF) Cabral Gold Inc. announced the appointment of Mr. Elton Pereira as Vice President Exploration, effective immediately. The Cuiú Cuiú gold district currently contains six separate gold deposits and over 50 peripheral targets which require further exploration. Three main gold deposits at the Cuiú Cuiú project contain NI 43-101 compliant Indicated resources of 12.29Mt @ 1.14 g/t gold (450,200oz) in fresh basement material and 13.56Mt @ 0.50 g/t gold (216,182oz) in oxide material. Inferred resources are 13.63Mt @ 1.04 g/t gold (455,100oz) in fresh basement material and 6.4Mt @ 0.34 g/t gold (70,569oz) in oxide material. The resource estimates are based on NI 43-101 technical reports dated October 12, 2022, October 21, 2024, and July 29, 2025. The Company is currently engaged in the construction of a Phase 1 gold-in-oxide heap leach operation and expects to achieve commercial gold production in Q4 2026. Historically, Cuiú Cuiú produced an estimated 2Moz of placer gold, and the Tapajós Gold Province produced an estimated 30 to 50 million ounces of placer gold between 1978 and 1995.

Liberty Gold Advances Black Pine Permitting With Submission of Preliminary Cyanidation Design Report

(TSX: LGD; OTCQX: LGDTF) Liberty Gold Corp. has submitted the Preliminary Cyanidation Design Report to the Idaho Department of Environmental Quality (“IDEQ”), marking a key milestone in the State of Idaho permitting process for its flagship Black Pine Oxide Gold Project in southeastern Idaho. The submission includes the Project’s initial process plant and heap leach design features, operating plans, and a proposed groundwater monitoring framework. Liberty Gold intends to submit the formal cyanidation permit application package for Black Pine, targeting the first quarter of 2027. The company is advancing Black Pine through feasibility, environmental review, and coordinated federal-state permitting, with federal review under FAST-41 as a Covered Project. Liberty Gold has been accepted as a member of the International Cyanide Management Institute and is now signatory to the International Cyanide Management Code. The company remains focused on completing the feasibility study by the fourth quarter of 2026 and maintaining the critical path permitting schedule agreed to by federal and state regulatory agencies. Liberty Gold intends to proceed with a pre-operational design certification through ICMI following submission of the formal cyanidation permit application to IDEQ.

Trident Resources Provides La Ronge Gold Belt Exploration Update and Appoints Indigenous Engagement Consultant

(TSXV:ROCK) Trident Resources Corp. announced an update on its current drilling and field reconnaissance programs at the La Ronge Gold Belt Properties (LRGB) in Northern Saskatchewan, Canada, and the appointment of T Global Consulting Services to support Indigenous and community engagement initiatives. The current drill program at Contact Lake has completed nine drillholes for a total of 6,500m, with assays pending, out of an anticipated 20,000m across approximately 35 drillholes. Trident’s land package in the LRGB covers 98,700 hectares, and the Contact Lake Gold Project itself covers approximately 22,790 hectares. The past-producing Contact Lake gold mine produced approximately 190,000 ounces of gold at an average head grade of 6.16 g/t Au between 1994 to 1998. Trident has already drilled more than 40,000 metres across the La Ronge Gold Belt since its founding 16 months ago and reports over 2.0 million ounces of gold in a global resource outside of the Contact Lake target area. The company projects that the next phase of the 2026 summer/fall drill program will focus on discovering new gold mineralization at depth beneath BK1, extending mineralization along strike at BK2, and testing the continuity of high-grade gold between the BK1 and BK3 Zones.

Lefroy Exploration Enhances High-Grade Gold Growth Case for Mt Martin Deposit

(ASX: LEX) Lefroy Exploration has returned high-grade gold intersections from Mt Martin that extend beyond the deposit’s current 460,000-ounce mineral resource estimate (MRE). The results include 8 metres at 3.93 grams per tonne gold from 141m including 3m at 9.44g/t, and 6m at 5.48g/t from 69m including 2m at 12.8g/t. The reverse circulation program comprised 37 drill holes for 5,046m across the Main, East, and Adelaide Shear corridors. Mt Martin contains an MRE of 9.1 million tonnes at 1.6g/t gold for 460,000oz, comprising an Indicated resource of 3.9Mt for 200,500oz and an Inferred resource of 5.2Mt for 259,500oz. The Measured Group will advance pit optimisation engineering, processing plant layouts, infrastructure logistics and economic assessments as Lefroy progresses the Mt Martin scoping study for completion during the September quarter. Geological domaining is underway at Burns to update the high-grade portion of its resource during the September quarter. Lefroy is integrating new intersections into three-dimensional geological wireframes and using the scoping study findings to guide its next phase of step-out drilling.

Ajax Resources: Update on Pereira Velho Gold Project, Brazil

(LSE:AJAX) Ajax Resources PLC announced an update on the Pereira Velho Gold project in Alagoas, Brazil, which was acquired from an affiliate of Appian Capital Advisory in March 2026. The company has commenced the environmental permitting process for its planned maiden drilling campaign by appointing a specialist environmental consultancy to prepare and submit the required environmental studies. The initial permitting programme will focus on two priority exploration licences, covering approximately 2,950 hectares, and is expected to require approximately three months. Ajax is preparing a fully funded exploration and resource-definition programme with an estimated budget of approximately US$1.5 million, including approximately 3,000 metres of diamond drilling and building upon a historic exploration database that includes 6,363 metres of diamond drilling across 47 holes completed at an estimated cost of approximately US$5 million. An in-house mineral resource estimate of approximately 110,000 ounces of gold, classified as Measured, Indicated and Inferred, was previously prepared and filed with the Brazilian National Mining Agency (ANM), but is not reported in accordance with the JORC Code (2012 Edition). The company projects to deliver a maiden Mineral Resource Estimate prepared in accordance with the JORC Code (2012 Edition) and aims to at least double the existing non-compliant resource. Exploration completed to date has covered only approximately 20% of the Project area, leaving scope for significant resource growth and the testing of multiple untested targets.

True North Copper Maps Low-Capital Wynberg Gold-Copper Development Pathways

(ASX: TNC) True North Copper has outlined three potential development pathways for its Wynberg gold-copper project near Cloncurry in Queensland, with a Scoping Study indicating pre-tax cash flow ranging from $53 million to $87m. The Production Target is 872,000 tonnes at 1.67g/t gold and 0.24% copper, containing 53,200 ounces of gold equivalent, comprising 46,700oz gold and 2,100t copper, entirely from Measured and Indicated resources. True North estimates that $23m to $38m of funding would be required depending on the selected processing route, mining sequence, and commercial terms. Wynberg’s updated mineral resource estimate totals 1.019 million tonnes at 1.86g/t gold and 0.25% copper, containing 61,000oz gold and 3,000t copper at a 0.40g/t gold cut-off. The proposed East and West pits are about 500m apart and would support a two-year mining campaign with an overall strip ratio of 8.4:1. The deposit lies within an existing mining lease and has an environmental authority, approved progressive rehabilitation and closure plan, and land access agreements in place, although approvals would require updates before operations. The company projects further work through 2026 and 2027, including flotation and heap leach test work, geotechnical assessment, mine scheduling, water studies, and commercial discussions for regional processing.

Forrestania Resources Lifts MRE at Historical British Hill Gold Deposit by 131%

(ASX: FRS) Forrestania Resources has announced a 131% increase to the mineral resource estimate (MRE) at the historical British Hill deposit within its Forrestania Hub in Western Australia. The new estimate is 2.62 million tonnes grading 1.50 grams per tonne gold for 126,290 ounces at a 0.5 g/t cut-off. This includes an Indicated 1.87Mt at 1.43g/t gold for 86,080oz, representing a 180% uplift from the previous resource estimate. The upgrade was supported by 322 reverse circulation and diamond holes plus historical drilling data, and the company has drilled 19 holes this year for a total of 4,765 metres. A follow-up 100-hole campaign using three rigs has been approved, focused on resource development drilling. Forrestania also has metallurgical test work and conceptual mining studies planned for the site. The company projects significant opportunity to further expand the resource base and enhance project economics as technical studies progress.

Lode Gold Completes Full Repayment of Fremont Gold Mine Property Secured Loan Ahead of Schedule

(TSXV: LOD) (OTCQB: LODFF) Lode Gold Resources Inc. announced the full repayment of subsidiary Fremont Gold Mining LLC's long-term senior debt, totaling approximately US$3.6 million of principal and accrued interest, well ahead of the Secured Loan's scheduled maturity in 2028. In 2021, Lode Gold acquired Fremont Gold Mining LLC by issuing $11 million shares and assumption of senior secured debts. The Fremont Gold Mine has 1.11 Moz of gold - 18.8 Mt at 1.84 g/t Au (Measured & indicated) and 1.99 Moz of gold (Inferred) - 33.1 Mt at 1.86 g/t Au. The Fremont Gold Project is located in Mariposa County, California, on 3,351 acres of 100% privately owned, patented land, and retains extensive brownfield infrastructure including 43,000 metres of historical drilling, over 10,000 underground channel samples, 14 adits, and 2 shafts. In 2023, the company traded at a market capitalization low of approximately $3 million; today, following recent financing, Lode Gold stands at over $30 million. The company projects to initiate engineering studies for a Preliminary Feasibility Study in Summer/Fall 2026, complete a PFS by July 2027, and evaluate a spin-out of the Ontario Gold Asset. The Dingman Property in Ontario, Canada, has over 22,000 m drilled, with a 2013 PEA, MRE: 376,000 oz at 0.94 g/t within 12.5 Mt measured and indicated and 47,000 oz at 0.71 g/t within 2.1 Mt Inferred.

ICG Silver & Gold Reports Surface Sampling Results From the TJ Prospect at the Tuscarora District, Nevada

(CSE:ICG) ICG Silver & Gold Ltd. announced assay results from its initial surface sampling program at the newly acquired TJ prospect, located within the Company's Tuscarora District project in Elko County, Nevada. The TJ prospect comprises six recently staked unpatented mineral claims covering approximately 120 acres. A total of 39 rock samples were collected and submitted for laboratory analysis, with assay highlights including 297.0 grams per tonne ("g/t") silver and 0.3 g/t gold from sample TAP2613, 218.0 g/t silver from sample TAP2625, 12.85 g/t silver and 1.88 g/t gold from sample TAP2619, and 5.13 g/t silver and 2.58 g/t gold from sample TAP2628. The anomalous surface footprint extends approximately 1.1 kilometers based on the current sampling distribution. ICG controls 100% of the approximately 10,000-acre land package in the Tuscarora District, 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 company intends to integrate the assay results with detailed geological mapping, structural interpretation, alteration characterization, and the distribution of the mapped intrusive units. Planned follow-up work includes additional rock-chip sampling, soil or other systematic geochemical surveys, review of available geophysical and remote-sensing data, and evaluation of the TJ prospect for future geophysical surveying and drill-target development.

Delta Resources Announces Start of 2026 Till Sampling Program at Delta-1 Gold Project - Thunder Bay Ontario

(TSXV: DLTA) (OTCQB: DTARF) Delta Resources Limited announced the commencement of its 2026 till sampling program at its flagship Delta-1 Gold Project, located approximately 50 kilometres west of Thunder Bay, Ontario. The 2026 program is designed to complete the remaining southeastern portion of the property, including claims acquired in 2024, bringing geochemical till coverage to near-complete coverage of the entire Delta-1 land package. The survey will collect approximately 243 till samples along fences spaced 1.0 to 1.2 kilometres apart, with sample stations every 250 to 300 metres. The Delta-1 property covers approximately 340 square kilometres and hosts multiple gold-bearing corridors, including the Eureka Gold Deposit, which extends over 2.5 km in strike length and to depths exceeding 300 metres, with mineralization intersected to approximately 600 metres vertical depth. Highlights include drill intercepts such as 5.92 g/t Au over 31 m (including 14.8 g/t Au over 11.9 m) and 1.79 g/t Au over 128.5 m. The program is planned to run for approximately 25 days and results are expected later this year. The company projects that the next drilling program begins later this month and is currently planned to run well into 2027.

Revival Gold Intersects 3.43 G/t Gold Over 131.7 Meters Including 6.6 G/t Gold Over 42.5 Meters at Beartrack-Arnett in Idaho

(TSXV: RVG) (OTCQX: RVLGF) Revival Gold Inc. reported one of the highest-grade-thickness drill intercepts to date from the Joss area at the Beartrack-Arnett Project located in Idaho, U.S.A. This year's 5,500-meter drilling program at Beartrack-Arnett targeted the potential expansion of high-grade underground sulphide Mineral Resources, last drilled in 2022. Drill hole BT26-255D intercepted 3.43 grams per tonne gold over 131.7 meters drilled width at 543 meters downhole, including a high-grade interval of 6.56 g/T gold over 42.5 meters at 632 meters downhole, and 11.58 g/T gold over 12.1 meters at 639 meters downhole. The Joss area currently hosts an underground sulphide Inferred Mineral Resource of 6,745,000 tonnes grading 4.05 g/T for 877,000 ounces of gold. All five primary drill holes and three wedge drill holes completed in this year's program intersected the Panther Creek Shear Zone, with results from six of the eight pierce points released to date. The company projects that further drilling to the northeast is warranted to delineate the extent of this zone, and further results are expected in the coming weeks. The Beartrack-Arnett gold project is subject to an earn-in agreement for 100% by Revival Gold and is one of the top 5 new gold discoveries made in the United States in the last fifteen years according to S&P Capital IQ Pro.

GreenLight Metals Executes Long-Form Documentation With Barrick for Staged Earn-In Joint Venture at Kalium Canyon Project in Nevada's Walker Lane

(TSXV: GRL) (OTCQB: GRLMF) GreenLight Metals Inc. announced that, through its wholly owned subsidiary Green Light Wisconsin LLC, it has entered into a long-form exploration earn-in agreement dated August 4, 2026 with Barrick Gold Exploration Inc. for a staged earn-in and joint venture at GreenLight's Kalium Canyon gold project in Esmeralda County, Nevada. Kalium Canyon comprises 135 federal unpatented lode mining claims covering approximately 2,758 acres within Nevada's Walker Lane trend. Under the agreement, Barrick may earn up to an aggregate 80% interest in Kalium Canyon in three stages by funding exploration and technical work, making scheduled cash payments to GreenLight, and completing a pre-feasibility study. Barrick will make an initial cash payment of US$250,000 to GreenLight within three business days following the effective date and will reimburse GreenLight for certain claim maintenance fees. The initial earn-in allows Barrick to earn a 60% interest by completing US$7.5 million in Work requirements and US$1.0 million in scheduled cash payments over six years, with subsequent stages allowing for up to 80% interest through additional work and a pre-feasibility study. Barrick is required to commence drilling within 180 days following receipt of the first required drill permit, subject to extension for seasonal conditions. The company projects that all work programs, budgets, studies, and pre-feasibility study costs for the earn-in stages will be funded solely by Barrick and will not be chargeable to, recoverable from, or dilutive of GreenLight.

West Point Gold Appoints Anthony Paterson as Executive Chairman

(TSXV: WPG) (OTCQX: WPGCF) West Point Gold Corp. announced the appointment of Anthony Paterson as Executive Chairman, expanding the Company's executive leadership team as it advances the Gold Chain Project toward a maiden mineral resource estimate. The Company issued 46,110 common shares at CDN$1.466 per share in connection with a US$48,000 (CDN$67,598) share payment due under the option agreement for the Gold Chain project. The issued common shares have a statutory hold period until November 30, 2026. West Point Gold is focused on four projects along the Walker Lane Trend in Nevada and Arizona, USA. The Company's near-term priority is advancing its flagship Gold Chain Project in Arizona. The company projects advancing the Gold Chain Project toward a maiden mineral resource estimate and its next phase of corporate growth. Anthony Paterson is also the Co-Founder and President of Patriot Critical Minerals Corp.

Great Pacific Gold Provides Management and Board Update

(TSXV: GPAC) (OTCQX: GPGCF) Great Pacific Gold Corp. announced the appointment of Jason Gregg to its Board of Directors and the formation of a Compensation, Nominating and Governance Committee chaired by Mr. Gregg. Greg McCunn will assume the role of Executive Chair of the Board, Charles Hethey will remain as Director and Corporate Secretary, and Alex Heath will become Chief Executive Officer and Director. The company reports having over $22 million in cash and two rigs operating on multiple high-priority targets at its flagship Wild Dog Project in East New Britain Province, Papua New Guinea. The Board granted 725,000 incentive stock options exercisable at $0.45 per common share for five years and 565,000 restricted share units to certain officers, directors, key employees, and consultants. Both the Options and RSUs vest 50% on the first anniversary and 50% on the second anniversary of the date of grant. The Wild Dog Project consists of a large-scale epithermal target stretching 15 km in strike length and potentially over 1,000 metres deep, with numerous high-grade gold-copper drill results. The company projects to unlock tremendous value from the Wild Dog Project and aims to become the leading gold-copper development company in Papua New Guinea.

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