Gold Bulletin

Tuesday, August 11, 2026

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Today's Interesting Company News

Metals Creek Returns Additional High-Grade Mineralization With 7.25 G/t Gold Over 7.45 Meters at Ogden Gold Project in Timmins, Ontario

(TSXV:MEK) Metals Creek Resources Corp. announced high-grade gold assays for the final diamond drill hole from the recently completed three-hole diamond drill program at the Ogden Gold Project located in Timmins, Ontario. The Ogden Gold Project is a 50/50 Joint Venture with Discovery Mining Ltd, with Metals Creek serving as the operator. The program entailed 3 diamond drill holes on the Thomas Ogden Zone (TOG), totaling 1,233 meters targeting the eastern plunge of a fold structure. TOG-26-77 returned a downhole intercept of 7.25 g/t Au over 7.45m, including 13.46 g/t Au over 2.54m with associated visible gold. Hole TOG-26-75 returned a downhole intercept of 40.61 g/t Au over 2.60m. Hole TOG-26-76 returned a downhole intercept of 115.51 g/t Au over 9.85m. Hole TOG-13-25 returned an intercept of 210.19 g/t Au over 12.53m, making this the highest intercept to date and is located 325m west of TOG-26-76 along the fold structure.

Legacy Gold Intersects 1.14 G/t Gold Over 44.3ft (13.5m) From Surface, and Then 2.4 G/t Over 26.9ft (8.2m), Incl. 6.6 G/t Over 7.5ft (2.3m); Main Zone Extended 558ft (170m) West at Baner, Idaho

(TSXV: LEGY) Legacy Gold Mines Ltd. reported assay results from LG26-004, the third core drill hole from Phase 1 of its 2026 drill program at the Baner Gold Mine Property in Idaho County, Idaho, USA. LG26-004 returned six significant intersections, including 2.4 g/t Au over 8.2m, 6.6 g/t Au over 2.3m, 1.14 g/t Au over 13.5m from surface, 3.45 g/t Au over 1.5m, 0.63 g/t Au over 20.1m, and 10.5 g/t Au over 0.5m. LG26-005 returned the highest individual grade reported to date at 15.8 g/t Au over 1.5m. 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%. The 2026 drill program was designed to begin with up to 12,000ft (3,658m) of core drilling in Phase 1, followed by up to 28,000ft (8,536m) of RC drilling in Phase 2. The RC phase of the 2026 program is planned to comprise up to 43 holes.

Excalibur Metals Defines New Silver-Gold Soil Anomalies North of Spyglass Ridge

(TSXV: EXCL) (OTCQB: EXCBF) Excalibur Metals Corp. announced results from expanded soil sampling north of the Spyglass Ridge Target at its Bellehelen Silver-Gold Project in Nye County, Nevada. The results have outlined multiple silver-gold soil anomalies across an approximately one-kilometre-long corridor extending north from Spyglass Ridge, including the newly defined Zigs Target and the extended Broken Cabin Target. Soil sampling at Zigs identified gold values of up to 449 parts per billion and silver values of up to 2.0 parts per million, with multiple samples returning more than 100 ppb gold across a target area measuring approximately 300 m by 300 m. At Broken Cabin, the expanded dataset returned gold values of up to 331 ppb and silver values of up to 7.8 ppm, outlining a broad target area measuring approximately 300 m by 600 m. Bellehelen encompasses a district-scale, 10-kilometre-long mineralized trend that historically produced an estimated 311,000 silver-equivalent ounces in the early 1900s. Historical surface sampling returned high-grade assays of up to 11.25 g/t gold and 3,490 g/t silver. Excalibur Metals Corp. has acquired the option to purchase 100% of the Bellehelen Project in Nye County, Central Nevada.

Athena Gold Further Expands Forester Project Near Musselwhite, Ontario

(CSE: ATHA) (OTCQB: AHNRF) Athena Gold Corporation announced that it has further consolidated its land position at its 100%-owned Forester project in Ontario's Musselwhite Gold Camp by acquiring an additional 6,088 hectares of contiguous mining claims, expanding the project by approximately 69% to a total of 14,930 hectares. The company has now tripled the size of Forester since the initial acquisition last February. Athena continues to await final results from its Laird Lake project in Red Lake, which it expects to have very soon. The newly staked ground covers an additional 6,088 hectares of dominantly volcanic rocks within the North Caribou Lake Greenstone Belt. Athena's Laird Lake project is situated in the Red Lake Gold District of Ontario, covering more than 7,000 hectares along more than 10 km of the Balmer-Confederation Assemblage contact, where recent surface sampling results returned up to 373 g/t Au. Athena's Excelsior Springs project is located in the Walker Lane Trend in Nevada, spans more than 2,500 hectares, and is currently under an earn-in option with Mammoth Minerals Limited.

West Point Gold Grows Second Target at Gold Chain; Black Dyke Returns 7.6 M of 2.22 G/t Au

(TSXV: WPG) (OTCQX: WPGCF) West Point Gold Corp. announced the drilling of additional shallow gold mineralization at the Black Dyke prospect located 4 kilometres west of the Tyro Main Zone at its Gold Chain Project in Arizona. The results are highlighted by GC26-144, which intersected 7.6 metres of 2.22 grams per tonne gold, and GC26-146, which intersected 16.8 metres of 0.90 grams per tonne gold, both within less than 75 metres from surface. The initial program consisted of six RC holes for a total of 626.4 metres, with follow-up drilling consisting of five holes totalling 603.4 metres. These holes were part of the recently completed 21,079 metre 2025-2026 drilling campaign at the Gold Chain Project. West Point Gold has recently purchased a data package including results from several historical drilling campaigns across the Black Dyke prospect, which includes 74 holes drilled by Western States Mining Company from 1986 to 1992 and reference to 57 holes drilled by American Copper and Nickel Company. The historical drilling data acquired focused on the Black Dyke gold zone with results consistent with those reported by West Point Gold to date. Notable exceptions include two very high-grade intercepts (greater than 30 grams per tonne gold) approximately 200 metres southwest of where the Company has drilled.

Japan Gold Completes CSAMT/AMT Geophysical Survey at Mizobe Project

(TSXV: JG) (OTCQB: JGLDF) Japan Gold Corp. announced the completion of a 21.3 line-kilometre Controlled-Source Audio Magnetotellurics (CSAMT) and natural source (AMT) geophysical survey at the Mizobe Project in Kyushu, Japan. The CSAMT/AMT survey results have been integrated with gravity and magnetic inversion models, structural interpretations, and results from the Company's 2023 and 2025 drilling programs to generate a refined geological model of the Mizobe Project. The resulting geological model has significantly improved the Company's understanding of the geological framework, including structures and potential hydrothermal fluid pathways associated with gold mineralization beneath post-mineral volcanic cover. The Mizobe Project is located approximately 23 kilometres south of the world-class Hishikari Mine, where more than 8.76 Moz of gold have been produced since 1985 by Sumitomo Metal Mining Co., Ltd. Previous drilling has confirmed significant hydrothermal alteration and gold mineralization beneath post-mineral volcanic cover, including an intercept of 10.0 metres grading 4.27 g/t gold from 122.75 metres in drill hole MZDD23-003.

Lake Victoria Gold Announces Maiden Mineral Resource at Tembo of 480,100 Inferred and 99,700 Indicated Ounces, Adjacent to Barrick's Bulyanhulu Mine

(TSXV: LVG) (OTCQB: LVGLF) Lake Victoria Gold Ltd. announced a maiden National Instrument 43-101 Mineral Resource Estimate for its 100%-owned Tembo Gold Project in northwestern Tanzania, immediately adjacent to Barrick's Bulyanhulu Mine. The MRE comprises an Inferred Mineral Resource of 13.33 Mt at 1.12 g/t gold containing 480,100 ounces and an Indicated Mineral Resource of 2.69 Mt at 1.16 g/t gold containing 99,700 ounces across three near-surface deposits. At a 1.00 g/t cut-off, the MRE retains an Inferred Mineral Resource of 4.79 Mt at 2.15 g/t gold containing 331,700 ounces and an Indicated Mineral Resource of 1.07 Mt at 2.00 g/t gold containing 68,600 ounces. Ngula 1 hosts approximately 56% of the Project's Inferred ounces and 63% of its Indicated ounces and will be the initial focus of the Company's planned close-spaced drilling, resource conversion and future mine-planning work. LVG continues to advance its previously announced toll-milling initiative with Nyati Resources (T) Limited as a potential capital-efficient route for processing near-surface material from Ngula 1. The MRE positions Tembo as LVG's second defined gold asset alongside the fully permitted Imwelo Gold Project. Barrick's December 2021 acquisition of six of the Company's non-core licences, for US$6 million in cash plus up to US$45 million in ounce-based contingent payments, reflects the scale of endowment a senior operator sees across this district.

Sunrise Resources: Grant of Prospecting Licence Over Bakers Gold

(LSE:SRES) Sunrise Resources Plc announced that the Government of Western Australia has granted Prospecting Licence 51/3378 covering the high-grade gold target at the Bakers Gold Project. The licence is granted for an initial 4-year term to 6 August 2030, renewable for a further 4 years. Previous drilling by the company intersected high-grade gold mineralisation, with hole 21SBRC002 intersecting 2m grading 14.4 g/t gold from 64m downhole. The licence covers an area of 150 hectares and was granted to Sunrise Minerals Australia Pty Ltd on 7 August 2026. The company has spent just over £162,000 on the project, which was written off in 2022. The company first applied for the licence on 24 November 2023, and an agreement was signed on 27 July 2026 with Yugunga-Nya PBC to withdraw its objection.

Newfoundland Discovery to Acquire District-Scale Ganda Gold-Rare Earth Project in Angola, Western Africa

(CSE: NEWD) Newfoundland Discovery Corp. has entered into a definitive share exchange agreement to acquire 100% of Orenoxe Holdings Corp., which holds the right to acquire up to a 70% interest in GOLDANGO - Mineração, Lda., with an option to increase its interest to 90%. The Ganda Project comprises a 786 km² gold-rare earth concession in Benguela Province, Angola. The transaction consideration includes US$220,000 in cash, US$140,000 paid in kwanza for licence fees, deferred cash payments totalling US$450,000, 9,900,000 common shares at closing at a deemed price of $0.12 per share, and a further 9,100,000 common shares issuable upon completion of US$1,000,000 in qualifying exploration expenditures. The Company's Stage 1 exploration program of US$1,000,000 over 15 months is underway under the earn-in, vesting a 51% interest in the licence holder, increasing to 70% at US$2,000,000 and up to 90% under a buyout option. An application to convert the licence to an Exploitation Licence has been filed with the Angolan mining authority. The Ganda Project lies approximately 80 km from the city of Huambo and approximately 60 km from Pensana Plc's Longonjo NdPr project.

I-80 Gold Reports Second Quarter 2026 Results; on Track to Achieve Full-Year Guidance as Granite Creek Ramps up and Development Plan Advances

(NYSE:IAUX) (TSX:IAU) i-80 Gold Corp. reported financial and operating results for the three and six months ended June 30, 2026. Revenues for the quarter were $24.3 million, representing 5,335 ounces in gold sold at an average realized gold price of $4,522 per ounce. Gold production increased to 11,098 ounces from 4,178 ounces in the prior year period. Gross profit increased to $8.6 million from $0.8 million in the prior year period. Net loss increased to $52.5 million compared to $30.2 million in the prior year period. Cash and cash equivalents were $464.6 million as of June 30, 2026. The company remains on track to commence gold mining at Archimedes and major construction at Lone Tree in the fourth quarter of this year.

IAMGOLD Announces Closing of Sale of Its Interest in the Bambadji Joint Venture in Senegal

(TSX: IMG) (NYSE: IAG) IAMGOLD Corporation announced the completion of the sale of its indirect 35% interest in the Bambadji Joint Venture and its attributable interest in the Bambadji Sud exploration permit in Senegal to Fortuna Mining Corp. as part of a transaction that generated approximately $70 million in cash proceeds to IAMGOLD, before taxes and transaction costs. The total consideration payable by Fortuna to the joint venture partners, Barrick Mining Corporation and IAMGOLD, on a combined 100% basis consists of $200 million in cash payable on closing and a 0.5% net smelter return royalty, capped on the first 1.75 million ounces of gold produced from the Bambadji permit. The Bambadji JV was originally governed by a joint venture agreement dated May 23, 2016 between subsidiaries of IAMGOLD (35%) and Barrick (65%). IAMGOLD operates the Côté Gold Mine in Canada in a 7030 partnership with Sumitomo Metal Mining Co. Ltd. IAMGOLD employs approximately 3,800 people.

White Gold Corp. Announces Positive Preliminary Economic Assessment With C$1.9 Billion After-Tax NPV, 38% IRR and 1.7 Year Payback Period on the White Gold Project, Yukon, Canada

(TSXV: WGO) (OTCQX: WHGOF) White Gold Corp. announced the results of an independent Preliminary Economic Assessment (PEA) for its flagship White Gold Project in Yukon Territory, Canada, outlining a 9.4 year, 12,000 tonne per day open pit operation producing an average of 188,000 ounces of gold per year (223,000 ounces per year over the first five years). The PEA base case uses a gold price of US$3,600/oz and an exchange rate of US$0.72 = $1.00, resulting in an after-tax NPV(5%) of $1,911 million, after-tax IRR of 38%, and a payback period of 1.7 years, with pre-tax NPV(5%) of $3,081 million and pre-tax IRR of 54%. Life of mine after-tax free cash flow is $2,685 million, averaging approximately $280 million per year, with life of mine cash costs of US$1,290/oz and all-in sustaining costs of US$1,480/oz. At a gold price of US$4,500/oz, after-tax NPV(5%) increases to $2,996 million and IRR to 52%. The PEA mine plan incorporates four deposits (Golden Saddle, Arc, Ryan's Surprise, and VG) and draws on approximately 60% of the current mineral resource estimate as of August 19, 2025: 1,732,300 ounces Indicated (35.2 Mt at 1.53 g/t gold) and 1,265,900 ounces Inferred (32.3 Mt at 1.22 g/t gold). Initial capital cost is C$1,050 million, sustaining capital is C$326 million, and closure and reclamation is C$146 million. The company projects additional opportunities to extend mine life, increase annual production, and further increase project economics through resource conversion, growth, and exploration.

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