drilling program

Grande Portage Resources has reached the halfway point of its 2026 drilling program at the New Amalga Gold Project in Alaska. The company has completed 1,605 meters of drilling and is now focusing on hydrogeological and geotechnical data collection for mine planning and permitting. Significant progress is also being made on environmental infrastructure and baseline studies. Financially, Grande Portage secured approximately $1.50 million from warrant exercises, bolstering funds for field operations and team expansion. The project boasts robust indicated and inferred gold resources.

Gold X2 Mining filed its Q3 interim financials and MD&A, highlighting the Moss Gold Project in Ontario. Over $75 million of new capital has been invested, with about 100,000 m of drilling completed this year (total ~255,000 m). The 2024 NI 43‑101 estimate reports 1.54 M oz indicated gold at 1.23 g/t and 5.20 M oz inferred gold at 1.11 g/t, covering only 3.6 km of a >35 km trend. The project’s location, high‑grade resources, and strong balance sheet position it for near‑term development.

Lake Victoria Gold (LVG) is accelerating drilling at its Imwelo Gold Project in Tanzania by adding a second drill rig. A 24-hole, 4,000-meter program is underway at Area C with the goal of completion by mid-December 2025. The program targets geotechnical data collection, resource conversion, exploration of down-dip extensions, grade control planning, and metallurgical analysis. Initial assay results from the first completed holes are anticipated next week. LVG will provide ongoing updates on the drilling progress.

Lake Victoria Gold reported exploration updates from Bulyanhulu Gold Mine (Barrick/Twiga owned) on six licenses acquired from LVG. Q2 2025 saw 12 RC holes drilled (1,380m) targeting the granite-greenstone contact, revealing mafic metavolcanics and alteration. LVG may receive up to US$45M in contingent payments based on future discoveries. Barrick will prioritize identified targets in Q3 2025. The drilling confirms geological continuity and validates long-standing interpretations of the belt’s potential.

Regency Silver Corp. (RSMXF) will commence a 4,500-meter drill program at its Dios Padre project the week of September 25th, 2025, contracted to Bylsa Drilling. The program, consisting of 6-8 holes, aims to expand on previous high-grade gold, copper, and silver discoveries, including intercepts up to 38.0 meters of 7.36 g/t gold. The company has secured permits and prepared drill pads, seeking to refine the geological model and demonstrate continuity of high-grade zones for future resource estimation.

Tinka Resources (TKRFF) received approval to drill its Silvia gold-copper property in Peru, 100 km south of the Antamina mine. Silvia NW target boasts three mineralized zones along a 4 km trend. Area A shows promising trench samples, including 46 meters at 1.9 g/t gold and 0.8% copper. A 1,500-meter drill program is planned for Q4 2025, pending funding. The property spans 10,906 hectares with permits for 40 drill platforms over 4 km².

Neotech Metals (NTMFF) has begun its maiden drilling program at its 100%-owned TREO project in British Columbia’s Wicheeda Rare Earth District. The program targets high-priority zones identified by previous sampling, which yielded up to 28.97% TREO and 2.91% Nb₂O₅. Drilling aims to assess mineralized pathways and their relation to Defense Metals’ Wicheeda deposit. This marks a critical step in exploring the area’s resource potential.

First Andes Silver (TSXV: FAS, OTC: MSLVF) completed the first tranche of a non-brokered private placement, raising $1.017 million CAD. They issued 10,170,000 units at $0.10 CAD each, including warrants exercisable at $0.15 CAD. Proceeds will fund drilling at the Santas Gloria silver property and working capital. The company paid finder’s fees and issued warrants. Securities have a four-month resale restriction. A second tranche is expected to close soon, pending TSX Venture Exchange approval.