Goliath Completes 48,443 Meters of Drilling in 97 Holes at Surebet, Expands Gold Footprint to 2.01 Km2

Lode Gold Resources Inc. has submitted all necessary discharge documents to release the company from its senior secured debt obligations, a move that will free the Fremont Gold Mine from its pledge as security and leave Lode Gold and its subsidiaries with no outstanding loan obligations. With the discharge documents signed and submitted, the company said it can now focus fully on advancing the Fremont Gold Mine through its next phase of technical development, resource expansion and corporate growth. Over the next six months, Lode Gold plans to develop a preliminary mine plan for the Fremont Gold Mine, with the objective of establishing the technical foundation for environmental studies and permitting work. The company described the completion of the loan repayment as an important milestone that allows it to direct its financial and technical resources toward its flagship asset, and said it is now pursuing technical studies to evaluate optimized mine plans. The Fremont Gold Mine is a brownfield project in Mariposa, California, with 43,000 m drilled, 10,000 underground channel samples, 14 adits and 2 shafts, and a 2023 PEA based on 1.16 Moz at 1.90 g/t Au within 19.0 Mt Indicated and 2.02 MOz at 2.22 g/t Au within 28 Mt Inferred.

Bravo Mining Corp. announced the results of an independent Pre-Feasibility Study for its 100% owned Luanga palladium, platinum, rhodium, gold and nickel deposit in Brazil's Carajás Mineral Province, with the Base Case vertically integrated operation delivering an after-tax net present value of US$1.45 billion at an 8% discount rate and an after-tax internal rate of return of 35.1%, with a post-tax payback of 2.0 years. The Base Case carries pre-production capital expenditures of US$784.9 million and life-of-mine sustaining capital of US$98.2 million, an NPV-to-CAPEX ratio of 1.65x, an average life-of-mine C1 cash cost of US$478 per ounce of 4E PGM and an all-in sustaining cost of US$706 per ounce of 4E PGM. The study declares a maiden Proven and Probable Mineral Reserve of 86.7 million tonnes grading 2.77 grams per tonne palladium equivalent for 7,731 thousand ounces of contained palladium equivalent, a 55% conversion ratio by tonnes from the Measured and Indicated Mineral Resource, supporting a 10-year life of mine with average annual payable production of 208.9 thousand ounces of palladium, 150.7 thousand ounces of platinum, 16.1 thousand ounces of rhodium, 18.1 thousand ounces of gold and 9.8 thousand tonnes of nickel. The Base Case envisages a new Bravo-owned smelter within the Barcarena Export Processing Zone, roughly 600 kilometres from the mine, producing a saleable metal alloy, with Bravo Metals authorized by Brazil's National Council for Export Processing Zones to establish the project there. Bravo reported cash and cash equivalents of approximately US$94.1 million as of June 30, 2026, and is targeting an updated Mineral Resource in the first quarter of 2027 while advancing permitting and a Definitive Feasibility Study.

West Red Lake Gold Mines Ltd. reported new underground definition drill results from the Austin 955 and 904 Complexes at its 100% owned Madsen Mine in the Red Lake Mining District of Northwestern Ontario, Canada. Hole MM26D-14-4929-025 intersected 5.3m at 176.04 g/t Au, including 1m at 925.52 g/t Au, while hole MM26D-13-4727-013 returned 4.5m at 128.32 g/t Au, including 1m at 566.81 g/t Au, and hole MM26D-12-4990-019 cut 6.85m at 35.72 g/t Au, including 1m at 233.76 g/t Au. The Austin 904 results were drilled from the 13 and 14 Levels at approximately 650m and 700m depth, and the Austin 955 results from the 12 Level at approximately 600m depth. The Austin 904 Complex comprises an approximately 200m by 200m panel of intact, non-remnant gold mineralization that was not historically mined, which the company said should allow full access to the entire mineralized zone, larger stopes and greater efficiency during design and extraction. Vice President of Exploration Will Robinson said the mineralized panels are holding together well with strong grades and continuity, building confidence in the geological model and the potential to integrate these areas into the Madsen mine plan in 2027.