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Angkor Resources Advances Seismic Program With Enercam’s Oil & Gas Block VIII, Cambodia

(TheNewswire)

GRANDE PRAIRIE, ALBERTA – August 14, 2025 TheNewswire – Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’) announces its subsidiary, EnerCam Resources Co. Ltd. (Cambodia) (‘EnerCam’) is well underway to complete Cambodia’s onshore EnviroVibe oil and gas 2-D seismic for Block VIII (‘Project’).

Mike Weeks, President of EnerCam, comments on the seismic, ‘We are very pleased to be doing seismic on Block VIII.  This technical work leads to defining drill targets, all of which is part of the requirements to prove commercial oil and gas for Cambodia. ‘

Weeks, having worked in the industry for decades around the globe, adds, ‘Discovering oil and gas changes a nation because it gives a country independence, recurring revenue, and its own source of national energy.  The entire economic activity receives a boost not just from the discovery, but from all the additional service businesses that develop as part of the industry sector.’

The quest for EnerCam is to discover Cambodia’s first onshore oil and gas, as currently the country imports all of its hydrocarbon-based energy products, spending several billion dollars per year.

EnerCam strives to be drilling the first wells following appropriate interpretation and target definition from the seismic program.

The technical teams continue with additional research in the area concurrently with the seismic.  Approached by local residents and business owners as they move from line to line across the targeted seismic area, the geoscience team is witnessing several abandoned water wells where oil has seeped into the well, making the water unusable for domestic use.  As well, the team has sourced multiple additional surface oil seeps, adding to the inventory of documented locations of surface oil showings.

The seismic program employs 53 people to execute daily tasks to lay out geophones every four metres across upcoming seismic lines, then add data recorders every 25 metres that connect to the geophones.  The pair of EnviroVibe units then pass the prepared line to be shot and sweeps the ground every 50 meters along the line to create ground vibration, and the results of the sound waves are transmitted and recorded.   Then all the geophones and data recorders are collected and rotated back into the next cycle for the upcoming lines.   Geophones and recorders generally try to stay 24 hours ahead of the Envirovibe units, so the process is efficient and advances in a timely manner.

Keith Edwards, Technical Manager for EnerCam describes the program and the results to date, ‘We are looking to average about nine kilometers per day, with some short lines taking longer. The initial data looks promising and the methodology and the technology are such that despite the rain, we can sweep an area and receive good quality data.’

Interpretation of the data will take place upon completion of the Project, which is estimated to be between mid and the end of September.   Between five and six weeks are budgeted as a timeline for interpretation.

Seismic teams are executing 350-line kilometers of two dimensional seismic over four identified sub basins on the west side of the license area and then will move to the newly described ‘mussel basin’ on the northeast side of the license.


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Figure 1 Geophone deployment teams walk the distances where no vehicle access is immediate.  Teams use GPS to accurately cover terrain daily to lay out geophones ahead of data recorders and EnviroVibe equipment.  Geophones are inserted into the ground every four meters.  All landowners grant full permission before any entry is allowed.


Click Image To View Full Size Figure 2  EnviroVibe machines moving down seismic line through privately-owned palm plantation, full access and permission from owner granted in advance.


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Figure 3 Geophone deployment team travels by boat to access the next line area.  Vibration units will travel by land, using bridges and roads to position equipment in the sweep zones.


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Figures 4 and 4a:  Local security are hired to monitor the lines of geophones and data recorders before they are picked up and moved to the next location.  Lines are monitored night and day, rain or shine.

ABOUT Angkor Resources CORPORATION:

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia. ANGKOR’s carbon capture and gas conservation project in Saskatchewan, Canada is part of its long-term commitment to Environmental and Social projects and cleaner energy solutions across jurisdictions.  The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds three mineral exploration licenses in Cambodia and its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 7300 square kilometers in the southwest quadrant of Cambodia called Block VIII.   The company then removed all parks and protected areas to reduce the size to just over 3700 square kilometers.   Since 2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Saskatchewan, Canada.

CONTACT: Delayne Weeks – CEO

Email: info@angkorresources.com Website: angkor resources.com Telephone: +1 (780) 831-8722

Please follow @AngkorResources on , , , Instagram and .

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at any of the Company’s properties, the prospective nature of any claims comprising the Company’s property interests, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results o f future exploration, and the availability of financing.  Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Copyright (c) 2025 TheNewswire – All rights reserved.

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Troy Minerals Completes Fully Subscribed Life Offering

Troy Minerals Inc. (‘Troy‘ or the ‘Company‘) (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3)is pleased to announce that is has issued a total of 15,000,000 units at price of $0.10 per unit under its LIFE Offering detailed in its June 30, 2025 news release, for gross proceeds of $1,500,000. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire an additional common share at a price of $0.15 per common share for a period of two years from the date of issuance.

In connection with the offering the Company paid cash finder’s fees of $43,062.

The Units were issued pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (‘NI 45-106’). Pursuant to NI 45-106, the securities forming part of the Units issued to Canadian resident subscribers under the Offering are not subject to resale restrictions. The warrants, and any shares issued on exercise of the warrants are subject to a contractual hold period expiring four months from the closing date of the offering.

ON BEHALF OF THE BOARD,

Rana Vig | CEO and Director
Telephone: 604-218-4766
rana@ranavig.com

Forward-Looking Statements

Certain information contained herein constitutes ‘forward-looking information’ under Canadian securities legislation. Forward-looking information includes, but is not limited to the intended use of funds. Generally, forward-looking information can be identified by the use of forward-looking terminology such as ‘will’ or variations of such words and phrases or statements that certain actions, events or results ‘will’ occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release

Source

Click here to connect with Troy Minerals Inc. (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) to receive an Investor Presentation

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Hudbay Secures US$600 Million Mitsubishi Partnership for Arizona Copper Project

Hudbay Minerals (TSX:HBM,NYSE:HBM) has struck a US$600 million deal with automobile giant Mitsubishi (TSE:8058) for a 30 percent stake in its Copper World project in Arizona, marking one of the largest foreign investments in the US copper sector in recent years.

Announced Tuesday (August 12), the agreement will see Mitsubishi pay US$420 million on closing and a further US$180 million within 18 months.Mitsubishi will also fund its 30 percent share of future capital contributions as the mine moves toward full construction.

Hudbay president and chief executive Peter Kukielski called the joint venture “an important milestone” for the Toronto-based miner.

“Through this partnership we will leverage our complementary strengths to deliver our world-class Copper World project, produce domestic copper in the US for the US critical minerals supply chain and create value for all our stakeholders,” Kukielski said in the company’s statement.

The deal pairs Hudbay, the fourth-largest copper company listed on the NYSE, with one of Japan’s biggest trading houses, which has a long history of joint ventures in some of the world’s most productive copper mines.

Copper World’s first phase, located on private land in Pima County, about 50 kilometers southeast of Tucson, is fully permitted and expected to produce 85,000 tons of copper annually over an initial 20-year mine life.

Hudbay positions Copper World as “Made in America” copper production, a label that may gain added importance following last month’s move by US President Donald Trump to impose a 50 percent tariff on imported copper pipes, wiring, and other semi-finished products, while leaving refined copper cathodes and raw materials untaxed.

It estimates the project will contribute US$1.5 billion to the US critical minerals supply chain and become one of the largest investments in southern Arizona’s history.

The construction is also projected to create more than 1,000 jobs a year over a three-year period, with letters of commitment in place with seven US labour unions. Once operational, the mine is expected to employ over 400 people directly and support up to 3,000 indirect jobs.

Hudbay says it will also deliver more than US$850 million in US tax revenues over the mine’s first two decades.

On the financial side, Hudbay said the Mitsubishi transaction will significantly improve its flexibility by cutting its share of remaining capital contributions for Copper World to about US$200 million based on pre-feasibility study (PFS) estimates.

In addition, the company has also reached a non-binding agreement with Wheaton Precious Metals (TSX:WPM,NYSE:WPM) to amend their existing streaming deal on Copper World’s gold and silver output.

The revised terms keep the US$230 million upfront deposit in place but add up to US$70 million in contingent payments tied to future mill expansions and shift ongoing payments from fixed prices to 15 percent of spot market prices.

Mitsubishi’s investment adds to its existing portfolio of stakes in five of the world’s 20 largest copper mines by 2024 production. In North America, its wholly-owned subsidiary Mitsubishi Corporation (Americas) manages about US$9 billion in assets across more than 50 subsidiaries and affiliates in industries from mineral resources to power generation.

The Copper World stake provides the Japanese trading house with long-term access to US copper production at a time when global demand for the metal is expected to climb due to its role in electrification, renewable energy, and electric vehicle production.

Hudbay said that it expects to finish the definitive feasibility study by mid-2026 and will make a final investment decision later that year.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Harvest Gold Kicks Off Drilling at Mosseau, Launches Urban-Barry Till Program, and Completes Labelle Mag Survey

(TheNewswire)

Vancouver, British Columbia / August 14, 2025 ‑ TheNewswire – Harvest Gold Corporation (TSXV: HVG) (‘ Harvest Gold ‘ or the ‘ Company ‘) is pleased to provide an update on exploration activities across its 100%-owned Quebec properties, all located in the Abitibi Greenstone Belt within the Urban-Barry area. The Company has mobilized a diamond drill to commence drilling at its Mosseau property, initiated a property-wide till sampling program at its Urban-Barry project, and completed a high-resolution airborne magnetic survey over the LaBelle property and recently acquired claims southeast of Mosseau .

Rick Mark, President and CEO of Harvest Gold states: ‘We are all very excited to be advancing exploration on all three of our Urban-Barry area properties, simultaneously. This includes our much-anticipated 5000 meter diamond drilling program at Mosseau and an extensive first time geochemistry examination at the large Urban-Barry property. And, we have now completed a first time look at another sizable property, Labelle, through an airborne geophysics program that is continuous with the very revealing mag survey done last year on Mosseau.’

Diamond Drilling at Mosseau

The diamond drill is expected to be mobilized this week to the Mosseau property. Phase I of the planned 5,000-metre diamond drilling program at Mosseau follows an extensive compilation of regional data, a high-resolution magnetic survey, and encouraging results from the soil sampling program and reconnaissance mapping and prospecting programs. Drilling will focus on high-priority targets in the northern portion of the property, which hosts numerous historical gold showings, as well as in the Central area where recent geophysical and geochemical surveys have identified several quality targets for gold mineralization (Figures 2 and 3).

Till Sampling at Urban-Barry

Harvest Gold has also commenced fieldwork at its 19 km-long Urban-Barry property, which averages 4 km in width. Limited prospecting and mapping were conducted last summer; however, due to some reasonably extensive overburden, the Company determined that a till sampling survey would be the most effective tool to evaluate the property’s gold potential. The survey is being conducted by IOS Services Géoscientifiques and consists of NW-SE oriented sampling lines spaced 1,000–1,500 metres apart, perpendicular to the dominant ice-flow direction, with individual samples collected every 250–300 metres. A total of 145 samples are planned (Figure 4).

Magnetic Survey at LaBelle

This week, the Company completed a high-resolution airborne magnetic survey over the LaBelle property and newly staked claims, at a 50-metre line spacing totaling 1,368 line-kilometres (Figure 5). Conducted by Novatem Airborne Geophysics, the survey covers an area with minimal historical exploration, but is interpreted from government regional magnetic data to be the southeast extension of the mineralized corridor hosting known mineralization at Mosseau.

These programs are designed to expand the Company’s exploration pipeline and support future drill targeting across its broad Quebec project portfolio.

About Harvest Gold Corporation

Harvest Gold is focused on exploring for near surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions. Harvest Gold’s board of directors, management team and technical advisors have collective geological and financing experience exceeding 400 years.

Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 377 claims covering 20,016.87 ha , located approximately 45-70 km west of Gold Fields Limited’s – Windfall Deposit (Figure 1).

Harvest Gold acknowledges that the Mosseau Gold Project straddles the Eeyou Istchee-James Bay and Abitibi territories.  Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local Indigenous communities.

Harvest Gold’s three properties, Mosseau, Urban-Barry and LaBelle, together cover over 50 km of favorable strike along mineralized shear zones.


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Figure 1: Project Location: Urban-Barry Greenstone Belt


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Figure 2: Magnetic Domains across the Northern and Central Target Areas of Mosseau


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Figure 3: Drill targets on the Mosseau property (magnetics)


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Figure 4: Till Sampling program in progress on the Urban-Barry Property


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Figure 5:  Recently completed airborne magnetic survey lines on the LaBelle and Mosseau (2025) and airborne magnetic results of Mosseau (2024)

Qualified Person Statement

All scientific and technical information in this news release has been prepared and approved by Louis Martin, P.Geo., Technical Advisor to the Company and considered a Qualified Person for the purposes of NI 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

Rick Mark
President and CEO
Harvest Gold Corporation

For more information please contact:

Rick Mark or Jan Urata
@ 604.737.2303 or info@harvestgoldcorp.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Information

This news release includes certain statements that may be deemed ‘forward looking statements’. All statements in this news release, other than statements of historical facts, that address events or developments that Harvest Gold expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur.

Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Copyright (c) 2025 TheNewswire – All rights reserved.

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Allied Critical Metals Closes First Tranche of Oversubscribed Non-Brokered Private Placement and Upsize to $5m of the Offering

Allied Critical Metals Inc. (CSE: ACM,OTC:ACMIF) (OTCQB: ACMIF) (FSE: 0VJ0) (‘Allied’ or the ‘Company’) is pleased to announce it has closed the first tranche (the ‘First Tranche’) of the previously announced non-brokered private placement offering (the ‘Offering’) of 14,996,986 units of the Company (the ‘Units’ and, each, a ‘Unit’) at a price of $0.30 per Unit raising gross proceeds $4,499,095.80. Each Unit will be comprised of one common share of the Company (a ‘Share’) and one-half of one common share purchase warrant (each whole common share purchase warrant, a ‘Warrant’). Each Warrant will entitle the holder thereof to acquire one additional Share (each a ‘Warrant Share’) at a price of $0.40 per Warrant Share and will be exercisable for a period of 24 months from the date of issuance.

The Company further announces that it has increased the size of the Offering to raise combined gross proceeds (including the First Tranche) of up to $5,000,000 in aggregate. The Company expects to close a final tranche of the Offering on or about August 18, 2025 (the ‘Final Tranche‘).

The Company intends to use the net proceeds of the Offering for ongoing exploration and development activities on the Borralha Tungsten Project and Vila Verde Tungsten Project and for additional working capital.

The Offering is subject to approval of the Canadian Securities Exchange (the ‘CSE‘), and all Units and securities of the Company issued pursuant to the Offering will be subject to a four month hold period from the date of issuance. The Offering will not result in the creation of a new insider or control person of the Company.

The Company paid finder’s fees of $310,386.30 in cash and 1,034,621 Finders Warrants (as defined below) in connection with the First Tranche of the Offering to eligible finders in accordance with policies of the CSE and applicable securities laws comprised of (i) a cash commission of up to 7% of the gross proceeds of the First Tranche, and (ii) a number of finders warrants (‘Finders Warrants‘), equal to up to 7% of the number of Units issued under the Offering with each Finders Warrant exercisable for one additional Unit of the Company for a period of 24 months at $0.30 per Unit from the date of issuance.

The Company may also pay finder’s fees in connection with the Final Tranche of the Offering to eligible finders in accordance with policies of the CSE and applicable securities laws consisting of (i) a cash commission of up to 7% of the gross proceeds of the Final Tranche, and (ii) a number of Finders Warrants equal to up to 7% of the number of Units issued under the Final Tranche.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the 1933 Act or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act, as amended, and applicable state securities laws.

About Allied Critical Metals Inc.

Allied Critical Metals Inc. (CSE: ACM,OTC:ACMIF) (OTCQB: ACMIF) (FSE: 0VJ0) is a Canadian-based mining company focused on the expansion and revitalization of its 100% owned past producing Borralha Tungsten Project and the Vila Verde Tungsten Project in northern Portugal. Tungsten has been designated a critical metal by the United States and other western countries, as they are aggressively seeking friendly sources of this unique metal. Currently, China, Russia and North Korea represent approximately 86% of the total global supply and reserves. The tungsten market is estimated to be valued at approximately USD $5 to $6 billion and it is used in a variety of industries such as defense, automotive, manufacturing, electronics, and energy.

Please visit our website at www.alliedcritical.com.

Also visit us at:

LinkedIn: https://www.linkedin.com/company/allied-critical-metals-inc
X: https://x.com/@alliedcritical/
Instagram: https://www.instagram.com/alliedcriticalmetals/

ON BEHALF OF THE BOARD OF DIRECTORS

Per: ‘Roy Bonnell’

Roy Bonnell
Chief Executive Officer and Director

Contact Information

For further information or investor relations inquiries, please contact:
Dave Burwell, Vice President, Corporate Development
Tel: 403 410 7907 | Toll Free: 1-888-221-0915
Email: daveb@alliedcritical.com

The Canadian Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains ‘forward-looking statements’, including with respect to the use of proceeds. Wherever possible, words such as ‘may’, ‘would’, ‘could’, ‘should’, ‘will’, ‘anticipate’, ‘believe’, ‘plan’, ‘expect’, ‘intend’, ‘estimate’, ‘potential for’ and similar expressions have been used to identify these forward-looking statements. These forward-looking statements reflect the current expectations of the Company’s management for future growth, results of operations, performance and business prospects and opportunities and involve significant known and unknown risks, uncertainties and assumptions, including, without limitation, those listed in the Company’s Listing Statement and other filings made by the Company with the Canadian securities regulatory authorities (which may be viewed under the Company’s profile at www.sedarplus.ca). Examples of forward-looking statements in this news release include, but are not limited to, statements regarding the proposed timeline and use of proceeds for exploration and development of the Company’s mineral projects as described in the Company’s Listing Statement, news releases, and corporate presentations. Should one or more of these risks or uncertainties materialize or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements may vary materially from those expressed or implied by the forward-looking statements contained in this news release. These factors should be considered carefully, and prospective investors should not place undue reliance on the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements and reference should also be made to the Company’s Listing Statement dated April 23, 2025 and news release dated May 16, 2025, and the documents incorporated by reference therein, filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors. The Company disclaims any intention or obligation to revise forward-looking statements whether as a result of new information, future developments or otherwise, except as required by law.

Not for distribution to U.S. news wire services or dissemination in the United States

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262558

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Gold Majors Ride Price Surge to Strong Q2 Earnings

The world’s top gold producers delivered a string of robust second-quarter results, buoyed by record prices and resilient operations as investors continue to seek refuge in the yellow metal amid growing economic uncertainty.

With spot gold trading above US$3,400 per troy ounce, just shy of its April all-time high of US$3,448.50, the world’s largest gold producers posted higher earnings and stronger cash flow in their recent Q2 results.

Below is a breakdown of how a few major players fared in Q2.

Barrick nearly doubles profit margins

Barrick Mining (TSX:ABX,NYSE:B) formerly Barrick Gold, reported a 97 percent year-on-year jump in net income to US$1.25 billion for the quarter, compared to US$634 million a year earlier.

Earnings per share rose to US$0.47 while operating cash flow in the first half reached US$2.5 billion, up 32 percent from 2024. Free cash flow more than doubled to US$770 million, supported by higher commodity prices.

Gold production climbed 5 percent from the first quarter, while copper output surged 34 percent, led by strong performance at Zambia’s Lumwana mine. Nevada Gold Mines boosted output by 11 percent, while Pueblo Viejo in the Dominican Republic posted a 28 percent increase as expansion work in the site advanced.

“From the ramp-up at Goldrush to the progress at Pueblo Viejo, Lumwana and Reko Diq, not to mention the transformational potential of Fourmile, we’re demonstrating the strength and depth of our portfolio,” president and chief executive Mark Bristow said in the recent Q2 report.

The company also recently agreed to sell its Alturas Project in Chile to a Boroo subsidiary for US$50 million upfront plus a royalty, with proceeds earmarked for funding future ventures

Kinross outpaces gold price gains

Kinross Gold Corporation (TSX:K,NYSE:KGC) posted record attributable free cash flow of US$646.6 million in the second quarter, alongside operating cash flow of US$992.4 million. Adjusted net earnings jumped to US$541 million from US$174.7 million a year earlier.

Further, the company achieved a 21 percent margin increase from the first quarter, outpacing the 15 percent rise in gold prices over the same period.

“Our portfolio of mines continued to perform well during the quarter contributing to a strong first half of the year and positioning us well to achieve our full-year guidance,” CEO J. Paul Rollinson said.

Kinross said that it expects to produce 2 million gold-equivalent ounces in 2025 at an average production cost of US$1,120 per ounce.

Paracatu in Brazil was the company’s top-producing asset, while Tasiast in Mauritania began mining the Fennec satellite deposit. US-based Bald Mountain also reported higher output at lower costs.

The company also advanced key projects, including its Great Bear exploration program in Ontario, engineering work at Round Mountain Phase X in Nevada, and drilling at the Curlew Basin project in Washington.

Agnico Eagle delivers, shares gain

Agnico Eagle’s (TSX:AEM,NYSE:AEM) operational consistency and cost control helped drive a six-day share price rally, culminating in a 10.06 percent gain over the past week.

In the second quarter, the company produced 866,029 ounces of gold, maintaining full-year guidance of 3.3 to 3.5 million ounces. Adjusted earnings per share came in at US$1.94, prompting analysts to raise 2025 profit forecasts by US$0.70 to US$6.94.

Analysts cited the company’s steady performance despite rising unit costs, noting its appeal as a defensive play in the sector. Bank of America raised its price target to US$173 due to rising optimism about the firm’s growth prospects.

Newmont rides sector momentum

Newmont (TSX:NGT,NYSE:NEM) posted higher sales and net income for the quarter while authorizing a new share repurchase program and declaring a quarterly dividend.

The miner also renewed a key lease in Ghana. Shares rose 36 percent over the last quarter, outpacing the US Metals and Mining industry’s 24.1 percent return.

The performance came despite a drop in the company’s gold production. Rather, Newmont underscored the role of shareholder returns and strategic asset moves in supporting investor sentiment. Over the past three years, Newmont has delivered a total shareholder return of 63.75 percent.

Gold outlook: Gold shines during volatility

The sector’s strong quarter unfolded against a favorable macro backdrop.

Gold, which has gained about 30 percent year-to-date, has been buoyed by safe-haven flows. The metal’s latest rally began after spot prices dipped to US$3,311.80 in early August, then climbed back above US$3,418 by the first week of August..

The Federal Reserve cut rates by a full percentage point in late 2024 but has held steady this year, citing the need for more data on how tariffs affect inflation. Lower rates generally enhance gold’s appeal by reducing the opportunity cost of holding non-yielding assets..

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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1911 Gold Corporation Engages Suzette Ramcharan for Investor Relations Services

1911 Gold Corporation (‘ 1911 Gold ‘ or the ‘ Company ‘) (TSXV: AUMB,OTC:AUMBF; OTCQB: AUMBF; FRA: 2KY) is pleased to announce that, subject to TSX Venture Exchange (‘TSXV’) acceptance, it has engaged WIN Expertise Inc. (‘ WIN ‘), operated by Suzette Ramcharan to provide investor relations and corporate communications services (the ‘ Services ‘).

WIN (an Ontario -based company) specializes in investor relations services and will develop and implement an investor relations strategy for 1911 Gold to support the Company’s goals and objectives, targeting a broader and more diversified investor base. The engagement is for an initial period of six months and bears an aggregate fee of $48,000 , to be paid in installments of $6,000 per month for the first three months and $10,000 per month for the following three months. For the first three months, Ms. Ramcharan will spend approximately 20 hours per week providing the Services to the Company, and approximately 40 hours per week thereafter. WIN is also entitled to reimbursement by the Company for its expenses and to an additional fee of $3,000 for each in-person industry event or conference attended by Ms. Ramcharan, at the election of the Company, on behalf of the Company. The Services will commence, and the first monthly payment will be made upon receipt of TSXV acceptance of the Services.

WIN’s engagement as an investor relations and corporate communications services provider may be renewed upon completion of the initial six-month term, following which WIN will be paid a monthly fee of $10,000 for approximately 40 hours per week dedicated to providing the Services. All fees and expenses will be paid from the working capital of the Company. WIN and Ms. Ramcharan are arm’s-length parties to the Company. Neither WIN nor Ms. Ramcharan have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest.

About 1911 Gold Corporation

1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totalling more than 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba , and also owns the True North mine and mill complex at Bissett, Manitoba . 1911 Gold believes its land package is a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario . It intends to focus on organic growth and accretive acquisition opportunities in North America .

1911 Gold’s True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation and all local stakeholders in order to build mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs
President and CEO

www.1911gold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or describes a ‘goal’, or variation of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved.

All forward-looking statements reflect the Company’s beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company’s forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, the expected term of the Services to be provided, the total compensation expected to be paid for the Services, the results to the Company and its shareholders of the Services, the timing and ability of the Company to receive necessary regulatory approvals for the Services, the results of any exploration or other work on the Company’s properties, and the plans, operations and prospects of the Company, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE 1911 Gold Corporation

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Blue Sky Uranium Closes 3rd and Final Tranche of Non-Brokered Private Placement

/NOT FOR DISTRIBUTION TO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/

TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF

Blue Sky Uranium Corp. (TSXV: BSK,OTC:BKUCF) (FSE: MAL2) (OTC: BKUCF) (‘Blue Sky’ or the ‘Company’) announces that it has closed final tranche of the private placement through the issuance of 1,851,000 units of the Company (each, a ‘ Unit ‘) at a price of $0.06 per Unit for aggregate gross proceeds of $111,060 (the ‘ Offering ‘). In total, the Company has issued 29,212,633 Units for aggregate gross proceeds of $1,752,758 .

Each Unit consists of one common share and one transferrable common share purchase warrant (a ‘ Warrant ‘). Each Warrant will entitle the holder thereof to purchase one additional common share in the capital of the Company at $0.075 per share for three (3) years from the date of issue, expiring August 16, 2028 for this final tranche.

The Company intends to use the proceeds of the Offering for general working capital.

Finder’s fees of $714 are payable in cash on a portion of the Offering from this tranche to parties at arm’s length to the Company. In addition, 11,900 non-transferable finder’s warrants are being issued for this tranche (the ‘ Finder’s Warrants ‘). Each Finder’s Warrant entitles a finder to purchase one common share at a price of $0.06 per share for three (3) years from the date of issue, expiring on August 16, 2028 . In total, the Company paid cash finder’s fees of $4,822.86 and issued 80,381 Finder’s Warrants for this Offering.

Certain insiders of the Company participated in this tranche of the Offering for $21,000 in Units. Such participation represents a related-party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘ MI 61-101 ‘), but the transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the subject matter of the transaction, nor the consideration paid, exceed 25% of the Company’s market capitalization. In total, insiders participated in the Offering for $117,000 in Units.

This Offering is subject to regulatory approval and all securities to be issued pursuant to the Offering in this 3 rd and final tranche are subject to a four-month hold period under applicable Canadian securities laws expiring on December 16, 2025 . The proceeds of the Offering will be used for general working capital.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘ 1933 Act ‘) or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the 1933 Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

About Blue Sky Uranium Corp.

Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina . The Company’s objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of uranium deposits into low-cost producers, while respecting the environment, the communities, and the cultures in all the areas in which we work. Blue Sky’s flagship Amarillo Grande Project was an in-house discovery of a new district that has the potential to be both a leading domestic supplier of uranium to the growing Argentine market and a new international market supplier. The Company’s recently optioned Corcovo project has potential to host an in-situ recovery (‘ ISR ‘) uranium deposit. The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

‘Nikolaos Cacos’

______________________________________
Nikolaos Cacos , President, CEO and Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Blue Sky Uranium Corp.

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