Gold Bulletin

Tuesday, August 18, 2026

Gold Market Context: Macro Drivers

Key macro instruments that drive gold price movements: dollar, yields, risk appetite

Market Commentary

Today's Interesting Company News

GoldCoast Resource Corp. Provides Corporate Update

(CSE: GCR) GoldCoast Resource Corp. commenced trading of its common shares on the Canadian Securities Exchange on August 10, 2026, under the symbol "GCR". The Company has raised approximately C$10.7 million from its founders and from institutional and high-net-worth investors, including a C$9.07 million brokered and non-brokered private placement completed in April 2026 and a C$200,000 private placement completed just prior to listing. Approximately 50,000 line kilometres of magnetic data has been collected at 400 metre line spacing over the Company's 10,000 km² offshore reconnaissance licence in Ghana. The Company's 2026 random coastal sampling program recovered visible gold in beach sand samples at multiple sites over a distance of approximately 50 kilometres along the coast, with up to 13 grains of gold recovered from a single five-litre sample. The Company has engaged Royal IHC (Netherlands) and Geo Marine Solutions (India) as technical partners. GoldCoast Resource Corp. entered into a marketing services agreement with Matrix Agency Marketing Ltd. dated May 8, 2026, for investor relations and advisory services at a monthly cash fee of C$10,000 for an initial term of twelve months. Generation IACP Inc. entered into a Market-Making Agreement dated April 28, 2026, with an effective date of August 10, 2026, to provide issuer trading services for a fee of C$8,500 per month plus applicable taxes, increasing by 3.0% annually.

Tiger Gold Drills 79 M @ 0.8 G/t Au, Including 26 M @ 1.4 G/t Au, in 192- Metre Northwest Step-Out at Ceibal

(TSXV: TIGR) Tiger Gold Corp. reported assay results for three step-out drillholes from its Ceibal target at its Quinchía Gold Project in Colombia's prolific Mid-Cauca gold belt. CEDDH-014, a 192-metre northwest step out from CEDDH-013, intersected 78.63 m @ 0.8 g/t Au from 204 m downhole including 25.56 m @ 1.4 g/t Au from 232 m downhole, and also intersected 86 m @ 0.5 g/t Au from 296 m downhole including 10 m @ 1.5 g/t Au from 326 m downhole and 9.55 m @ 1.3 g/t Au from 308 m downhole. CEDDH-016, a 235-metre northwest step-out from CEDDH-013, intersected 34 m @ 0.5 g/t Au from 10 m downhole, including 6 m @ 2.1 g/t Au from 14 m downhole. CEDDH-015, a 210-metre southeast step-out from CEDDH-003, intersected 14 m @ 0.2 g/t Au from 74 m downhole. Tiger's ongoing approximately 20,000-metre drill program at Ceibal is intended to support a maiden Mineral Resource estimate in the first quarter of 2027. Mineralization has been traced to approximately 800 metres vertically below surface in previous drilling and remains open at depth.

Boreal Gold Begins Drilling the Redwin Horizon on the Fay Lake Property in Manitoba

(CSE: BGLD) Boreal Gold Inc. has begun a 1,000 metre drill program on its 2719-hectare Fay Lake Property located approximately 55 km (100km by road) east-northeast of the city of Flin Flon, Manitoba. The drill program at Fay Lake will target the Redwin volcanic massive sulphide horizon as well as high-grade gold quartz veins found in trenches proximal to and within the Redwin horizon. In 1932-33, three shipments totalling 229 tonnes of massive sulphides from the Redwin Deposit averaged up to 15 g/t gold in two shipments and 4.5 g/t gold in a third. From 2021-2024, sampling of gold veins on the Redwin Grid included sample 298693 assaying 146.9 g/t Au and sample 27315 assaying 59.88 g/t Au. In the fall of 2025, Boreal Gold sampled trench #6 at Koscielny Lake and six of the nine samples collected returned assays over 1.0 g/t gold, with sample 298802 assaying 5.7 g/t gold and sample 298804 assaying 9.7 g/t gold. Previous work at Koscielny Lake contained values of up to 11.81 g/t Au (0.38 oz/ton Au) over one meter. Boreal Gold is now at a stage where it is poised to bring real growth by drilling the selected targets on its Fay Lake Property and the subsequent drill programs on the North Star Group following its completed acquisition.

Scottie Resources Surpasses 25,000 Metres of Drilling at the Scottie Gold Mine Project

(TSXV: SCOT) Scottie Resources Corp. has completed more than 25,000 metres of drilling on over 100 drill holes as part of its fully financed 50,000-metre 2026 drill program at the Scottie Gold Mine Project, located 35 kilometres north of Stewart in British Columbia's Golden Triangle. Eight diamond drills are currently turning, with seven on the Scottie Gold Mine Project and one on Cambria. Drilling at the Blueberry Contact Zone and Scottie Gold Mine is focused on expanding and upgrading high-grade gold resources in support of an updated Mineral Resource Estimate to support a Feasibility Study targeted for H1 2027. The first-ever drilling has commenced at the Cambria Project targeting 2,000 - 3,000 metres of drilling. Approximately 2,000 metres have now been drilled at the Domino target, about 2 km west of the Scottie Gold Mine, where Scottie is testing over 30 high-grade surface samples between 5 and 536 g/t Gold. Scottie's current resource estimate on the Scottie Gold Mine Project includes a total of 703,000 gold ounces at an average grade of 6.1 g/t (Inferred category) in 3.6 million tonnes. The PEA outlines a base case DSO project delivering an after-tax NPV(5%) of $215.8-$668.3 million at gold prices of US$2,600-$4,200/oz, respectively, with initial capital costs of $129 million and average annual production of ~65,400 oz gold over seven years.

Nord Confirms Castle Surface Gold Trend to 560 Metres Long Within the High-Grade Silver Mineralization Zones

(TSXV: NTH) Nord Precious Metals Mining Inc. reports results from its July 2026 prospecting and stripping program at the Castle East property near Gowganda, Ontario. A prospecting sample returned 2.80 g/t gold (sample L339955, UTM 17N 520302E 5278971N) at the southwestern end of the program area, extending the strike length of the known surface gold occurrences to approximately 560 metres along the northeast-trending gold corridor. Channel sampling near the overlap of the extended 2023 stripped exposure returned 2.09 g/t gold over 1.6 metres, including 2.51 g/t gold over 0.7 metres and 1.77 g/t gold over 0.9 metres. Grab samples from the newly extended and previously exposed 2023 stripped exposure returned 2.47 g/t and 1.22 g/t gold. 34 samples were collected in total: seven prospecting, 17 channel and ten grab samples, plus one blank and one standard. Drilling beneath the cover rocks intersected gold below the surface showings, with hole CS-23-123 returning 3.05 g/t gold within an approximately 9 metre downhole zone of anomalous gold, including 1.41 g/t gold over 3.83 metres as well as significant silver values. The Company intercepted several intervals of silver mineralization, including a high-grade interval of 5,441.4 grams per tonne (gpt) silver over 0.37 meters at a depth of 446.55-446.92 meters downhole and another intercept from 461.25-462 meters (0.75 meters) returned 3,730 gpt silver.

Lux Metals to Commence Diamond Drilling at La Grande Gold Project, Quebec

(TSXV: LXM) Lux Metals Corp. is pleased to announce that diamond drilling will commence on August 25th, 2026 at its La Grande Project, located along the Trans-Taïga Road between kilometres 60 and 95, in the Eeyou Istchee James Bay region of Québec. The programme will include 4,500 metres of diamond drilling, drawn from 8,800 m of designed holes. Over 40,000 metres of historic diamond drilling have delineated gold mineralization at Zone 32 extending 600 metres along strike and 350 metres at depth. The Company completed a surface prospecting and geochemical programme in June 2026, collecting 100 rock and 55 soil samples. Best results included grab samples of 1.40 g/t Au with 1,030 ppm Cu and 5.7 g/t Ag, and 0.519 g/t Au with 729 ppm Cu and 3.55 g/t Ag. One drill hole, LGS12-224, intersected 1.93 g/t gold over 37.0 metres approximately 400 metres down-plunge from the main Zone 32 envelope. Gold for 59 of 100 rocks and 49 of 55 soils was determined by 50 g fire assay with AAS finish at AGAT's Thunder Bay, Ontario facility, with a detection limit of 0.002 ppm.

Toogood Gold Reports Findings From Dr. Stuart Simmons' Technical Review of Table Mountain Project, Nevada

(TSXV: TGC) (OTCQB: TGGCF) Toogood Gold Corp. reports findings from a technical review of its Table Mountain Gold-Silver Project in Lincoln County, Nevada, completed by Dr. Stuart F. Simmons following a two-day field examination on July 25 and 26, 2026. Dr. Simmons identified that surface exposures represent the upper portions of a well-preserved epithermal system, with the principal gold-silver target potentially preserved at shallow depths. Widespread lattice quartz textures indicative of energetic boiling were observed, which is a critical process for gold and silver deposition from hydrothermal fluids. Surface features support a prospective interval beginning approximately 50 metres below surface and extending through 200 metres, without constraining deeper potential. The Widowmaker vein is exposed intermittently over approximately one kilometre and is interpreted to continue beyond the exposed segment. Toogood Gold Corp. has an option to earn a 100% interest in the Table Mountain Project and the Toogood Gold Project in Newfoundland, the latter covering a 164 km² land package. The company is advancing Table Mountain toward a maiden drill program and plans to complete approximately 15 line-kilometres of CSAMT surveying.

Sunstone Metals Extends Known Mineralisation at Bramaderos Gold-Copper Project

(ASX:STM) Sunstone Metals has returned long intervals of gold-copper mineralisation in two drill holes at the Porotillo, Copete, and Melonal prospects outside of the existing 3.6 million ounce mineral resource at its Bramaderos project in Ecuador. A total of 25 holes for 4,776 metres were completed at the targets from February to June, with the final hole at Porotillo intersecting 175.7m at 0.5 grams per tonne gold equivalent (0.32g/t gold and 0.11% copper) from surface. Drilling and trenching at Porotillo intersected significant mineralisation over a northwest-southeast extent of 550m and a northeast-southwest extent of up to 240m. The Porotillo discovery now measures a large area of around 550m by 240m. Assays are pending for four additional holes and nine channels at Melonal and a further three long trenches at Porotillo, with results to be received during August and early September. Sunstone is currently drilling a 1200m-long exploration hole at the Limon deposit targeting a deeper porphyry gold-copper system. The Bramaderos project contains an MRE of 220 million tonnes at 0.5g/t AuEq for 3.6Moz AuEq and a porphyry exploration target of between 4.1Moz and 11.2Moz AuEq within up to 505Mt at a grade between 0.41g/t and 0.68g/t. The Limon deposit hosts an exploration target of between 900,000 tonnes and 1.7Moz AuEq within 30Mt and 44Mt grading between 0.9g/t and 1.2g/t.

Dryden Gold Closes Option Agreement for Lost Lake Property

(TSXV: DRY) (OTCQX: DRYGF) Dryden Gold Corp. announces that the TSX Venture Exchange has approved for filing the Company's option agreement with Orebot Inc. dated June 29, 2026, to acquire a 100% interest in the Lost Lake Property, comprised of 122 tenured mineral claims located in the Gold Rock Mining Camp in Northwestern Ontario. The Company has closed the initial tranche of consideration, making a cash payment of $10,000 to Orebot and issuing 25,000 common shares at a deemed price of $0.21 per share. The Initial Consideration Shares are subject to a hold period expiring four months and one day from the date of issuance. The Company may earn its full 100% interest in the Property by making additional payments to Orebot: on or before the first anniversary, a cash payment of $40,000 and issuance of 50,000 common shares; and on or before the second anniversary, a cash payment of $50,000 and issuance of an aggregate of 50,000 common shares. Following the Option Exercise, the Company will grant Orebot a net smelter returns royalty of 3% on the Property, payable after commencement of Commercial Production. The Company will have the right to acquire one-half of the NSR from Orebot for a cash payment of $1,000,000. Dryden Gold controls 100% interest in mining claims in a dominant strategic land position in the Dryden District of Northwestern Ontario.

Carlin Gold Announces Investor Relation Agreement and Issuance of Stock Options

(TSXV: CGD) (OTCQB: CGDCF) Carlin Gold Corporation has engaged Danayi Capital Corp. to provide corporate communications, marketing and distribution services aimed at enhancing market visibility and corporate awareness. The engagement with Danayi is for a 12-month term commencing August 17, 2026 and ending August 17, 2027, with a monthly fee of $7,500 plus applicable taxes and the grant of 250,000 stock options exercisable at $0.84 per share for five years. Carlin Gold Corporation has also granted an aggregate of 200,000 stock options to a consultant, exercisable at $0.84 per share for five years from the date of grant, expiring August 18, 2031. Carlin has received $1,055,000 from the exercise of 3,566,667 warrants over the past 2 weeks. The Company's cash position is currently over $3.4 million and it has marketable securities valued at approximately $2,288,000. The Company currently has 9,400,167 warrants outstanding at prices ranging from $0.20 to $0.55 that if exercised would result in the aggregate receipt of $3,618,825 to the Company. Carlin is focused in Nevada where it has 100% interest in three projects, including its flagship Cortez Summit project consisting of 142 claims located in the Cortez Trend.

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