Resource Expansion
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NEVADA KING HIRES INVESTOR RELATIONS FIRM
Nevada King Gold Corp. has engaged Outside The Box Capital Inc. for a six-month investor relations and marketing campaign costing $150,000, starting November 13, 2025. This aims to broaden market presence and enhance investor engagement, leveraging Outside The Box Capital’s expertise in social media and content creation. Nevada King’s key asset is the 100%-owned Atlanta Gold Mine project, boasting a NI 43-101 compliant resource estimate of 1,019,600 ounces of gold in the measured and indicated categories and 98,500 inferred ounces. The company seeks to capitalize on rising gold prices and investor interest by promoting the Atlanta project.
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Heliostar Announces Improved Economics for La Colorada Mine in Updated Technical Report
Heliostar Metals’ updated technical report (October 17, 2025) reveals improved economics and resource expansion at the La Colorada Mine. At $2,300/oz gold, the after-tax NPV5% is $66.2M, IRR is 24.4%, with a 3.4-year payback. Initial capital expenditure is reduced by 17% to $44.5M. Indicated resources increased by 62,000 ounces to 513,000 ounces. Permits for leach pad expansion have been secured. The mine has a 6.1-year life with average AISC of $1,626/oz.
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Omai Gold Intersects High-Grade Gold in Resource Expansion Drilling at Wenot
Omai Gold Mines reported promising drill results from its 2025 resource expansion program at the Wenot deposit in Guyana. Highlights include 17.36 g/t Au over 7.5 meters, 2.64 g/t Au over 41.8 meters, and 3.49 g/t Au over 17.4 meters. The company has exceeded its initial drilling target, completing 20,500 meters across 37 holes. Drilling continues to extend gold mineralization, with results pending for 8 more holes. An updated Mineral Resource Estimate and Preliminary Economic Assessment are expected soon.