exploration

Nevada King Gold Corp. reported significant 2025 progress at its Atlanta Gold Mine Project, including a 122% resource increase to over one million ounces of oxide gold and successful metallurgical testing. Exploration identified new oxide gold targets, notably Silver Park East. The company also strengthened its leadership team. For 2026, Nevada King will focus on infill drilling at Silver Park East, advancing Atlanta South and North, and further exploring the Western Rim target, all fully funded.

Max Resource Corp. is implementing a 4-for-1 share consolidation to boost investor appeal and a $3.4 million private placement to fund exploration. The company boasts promising gold-silver projects in Colombia with high-grade assays and a copper-silver project funded by Freeport-McMoRan. Additionally, a proposed transaction for its Brazilian iron ore project with Bolt Metals Corp. is underway. These strategic moves aim to enhance shareholder value and accelerate project development.

Borealis Mining Company has transitioned to initial gold production, reporting $1.54M in revenue for Q1 FY2026, despite a net loss. The company successfully processed stockpiles and achieved its first gold pour. Financially strong with $8.18M cash, Borealis plans to restart open-pit mining in early 2026, acknowledging associated risks. Key permits are secured, and exploration continues across multiple projects, leveraging existing infrastructure and an experienced management team.

International Lithium Corp. (ILC) reported overwhelming shareholder support at its annual general meeting, approving all resolutions and director nominees. The company is focused on critical minerals exploration in Ontario, Canada, and Southern Africa, targeting lithium, rubidium, and copper. Driven by surging demand for EV batteries and data centers, ILC aims to develop its projects and secure supply chains, contributing to the green energy economy. Key priorities include the Raleigh Lake and Firesteel projects, with strategic expansion into Zimbabwe.

Tartisan Nickel Corp. has secured $1.3 million in flow-through financing to advance its Kenbridge Nickel-Copper-Cobalt Project in Ontario. The funds will fuel exploration and development activities, targeting critical minerals essential for the green economy. This financing highlights investor confidence and positions Tartisan to potentially unlock the project’s full value.

ExGen Resources has successfully acquired 100% of MTB Metals Corp., significantly expanding its mineral portfolio. MTB shareholders received ExGen shares, with ExGen now having over 109 million shares outstanding. This strategic integration aims to bolster ExGen’s position as an emerging royalty company, leveraging expanded exploration assets and a strengthened management team. MTB Metals will be delisted from the TSX Venture Exchange following the transaction.

Chilean Cobalt Corp. closed a brokered private placement on Dec 3 2025, raising $3 million by issuing 6 million common shares at $0.50 each to a Glencore subsidiary and Madesul. DA Davidson acted as lead agent. Net proceeds will fund exploration at La Cobaltera and El Cofre, district consolidation, ESG due‑diligence, and general corporate needs. The strategic investors bring critical‑minerals expertise, market reach, and local operational capability, supporting the company’s growth in Chile’s emerging cobalt sector.

Lake Victoria Gold (LVGLF) announced its Q3 2025 exploration update detailing Bulyanhulu’s progress on six licenses acquired under the 2021 APA. Highlights include the completion of 94 line-km of GAIP surveying and the commencement of aircore drilling at the Enze target (19 holes, 419m). Diamond and RC drilling are planned for Q4 2025. Project expenditures total US$6.7M of a proposed US$9M. LVG could receive up to US$45M in contingent payments and engaged Atrium Research for services at $3,500/month for 9 months, pending TSXV approval.

NV Gold (NVGLF) closed the first tranche of a private placement, raising $616,199 for exploration at the Slumber Gold Project. The offering consisted of 3,423,330 Units at $0.18, each including a share and a warrant exercisable at $0.40. Insiders subscribed for 3,190,000 Units, increasing John Watson’s stake to 58.65%. Proceeds will fund exploration and working capital. Securities are subject to a four-month hold. TSXV approval is required.