Digest Publishing

West Red Lake Gold Significantly Increases Rowan MRE Including a 70% Increase in Indicated Resources to 755k Tonnes Containing 335k oz at 13 g/t Au

VANCOUVER, British Columbia, June 09, 2026 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQX: WRLGF) is pleased to announce an updated 2026 Mineral Resource Estimate (“MRE”) for the Rowan Project (“Rowan”) as well as a maiden MRE for the nearby Mount Jamie deposit (“Mt. Jamie”), located 2 kilometres from Rowan, prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101“). The Rowan MRE reflects the results of a highly focused 6,300 meter (“m”) resource conversion drill program and is anticipated to be incorporated into a combined Madsen-Rowan Pre-Feasibility Study (“PFS”) which the Company is advancing and which is planned for release in H2 2026.

The Rowan Project is 100% owned by WRLG and is located in the Red Lake Mining District of northwestern Ontario, Canada. The updated Technical Report for the Rowan MRE prepared in accordance with NI 43-101 will be filed on SEDAR+ (www.sedarplus.ca) under the Company’s issuer profile within forty-five (45) days of the date of this news release.

TABLE 1. Summary of the Rowan and Mt. Jamie 2026 Mineral Resources as of June 1, 2026.

Mineral Resource Statement – Rowan Mine Deposit
Classification	Tonnes (t)	Gold Grade (g/t)	Gold Troy Ounces (oz Au)
Indicated	754,514	13.03	334,825
Inferred	360,323	15.31	179,013
Mineral Resource Statement – Mt. Jamie Deposit
Classification	Tonnes (t)	Gold Grade (g/t)	Gold Troy Ounces (oz Au)
Indicated	108,775	14.13	49,407
Inferred	92,972	11.97	35,791

Notes:
1) CIM (2014) definitions were followed for Mineral Resources.

2) Mineral Resources for Rowan were estimated at a cutoff grade of 2.00 g/t Au and a gold price of USD $3,200 per ounce.

3) Mineral Resources for Mt. Jamie were estimated at a cutoff grade of 3.80 g/t Au and a gold price of USD $3,200 per ounce.

4) Density used for the estimation on all domains was set at 2.8 g/cm³.

5) There are no Mineral Reserves currently estimated for Rowan or Mt. Jamie.

6) Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The quantity and grade of the reported Inferred Mineral Resources are conceptual in nature and are estimated based on limited geological evidence and sampling. Geological data is sufficient to imply but not verify geological grade and/or quality of continuity. An Inferred Mineral Resource has a lower level of confidence relative to a Measured or Indicated Mineral Resource and constitutes an insufficient level of confidence to allow conversion to a Mineral Reserve. It is reasonably expected, but not guaranteed, that the majority of Inferred Mineral Resources could be upgraded to Measured or Indicated Mineral Resources with additional drilling.

7) The effective date of the MRE is June 1, 2026.

Shane Williams, President and CEO, commented, “The updated Rowan MRE reinforces our view that Rowan remains one of the most compelling growth assets within our Red Lake portfolio. Rowan is among one of the highest grade undeveloped gold projects situated in a Tier-1 mining jurisdiction and continues to demonstrate the potential to become an important long-term source of high-margin ounces. Despite relatively limited drilling since the June 2025 estimate, we have significantly grown the resource, most importantly in the Indicated category, thereby de-risking the project while also enhancing its quality. Overall, Rowan is developing into a highly robust satellite deposit. These characteristics demonstrate our team’s capital efficiency in expanding the resource albeit with disciplined exploration spending. This success directly reflects the accuracy of our geologic model and our deep understanding of the controls on mineralization at Rowan.”

“Rowan is an important building block in our long-term hub-and-spoke growth strategy, currently being evaluated by the Company, where the Madsen mill and infrastructure act as a central processing hub for multiple high-grade deposits across the Red Lake District. Advancing Rowan strengthens this objective and we believe this multi-asset approach will provide greater operational flexibility, expand margins, extend mine life, and support a larger production profile over time.”

HIGHLIGHTS:

Rowan Indicated gold ounces (“oz”) increased by 70% to 334,825 oz grading 13.03 grams per tonne gold (“g/t Au”), compared to 478,707 tonnes containing 196,747 oz grading 12.78 g/t Au in the 2025 MRE (See news release dated July 8, 2025).
Rowan Inferred gold oz increased by 52% to 179,013 oz grading 15.31 g/t Au, compared to 421,181 tonnes containing 118,155 oz grading 8.73 g/t Au in the 2025 MRE.
Gold resource grade increased by 2% in the Indicated category and 75% in the Inferred category.
Significant resource growth achieved with minimal exploration expenditures of C$3.5 million and relatively low drilling meters of 6,300m, representing a modest discovery cost of approximately C$17.60/oz gold.
New drilling successfully expanded and upgraded several high-grade vein structures, including Veins 003, 006 and 013.
Rowan continues to rank among the highest-grade undeveloped gold deposits in Canada based on an Indicated resource grade of 13.03 g/t Au.
An initial resource estimate for the Mt. Jamie deposit was also prepared which includes an Indicated resource of 49,407 oz grading 14.13 g/t Au, with an additional Inferred resource of 35,791 oz grading 11.97 g/t Au.
The Mt. Jamie deposit is located approximately 2km west of Rowan and shows strong potential for becoming an additional high-grade satellite in WRLG’s Red Lake portfolio which presents obvious synergies to any future extraction scenario at Rowan.
Expansion potential remains strong at Rowan and Mt. Jamie with mineralization open at depth and along strike and multiple vein zones demonstrating strong continuity beyond the currently modeled mineral domains.

ROWAN 2026 MINERAL RESOURCE ESTIMATE:

The 2026 MRE update for Rowan incorporates an additional thirty-seven (37) holes for 6,300m of oriented HQ diamond drill core since the June 2025 MRE.
A total of twenty-two (22) mineral domains were created to constrain the Rowan mineralization. This is a reduction from the twenty-six (26) domains used in the June 2025 MRE.
A total of five (5) mineral domains were created to constrain the Mt. Jamie mineralization using drilling data in the existing database.
Reasonable Prospects for Eventual Economic Extraction (“RPEEE”) were applied to the Rowan MRE which included running Mineable Stope Optimization (“MSO”) on the in-situ mineral resource with an assumed Smallest Mining Unit (“SMU”) of 1.5m, cutoff grade of 2.00 g/t Au and USD $3,200 gold price. The SMU size and cutoff grade used are deemed to be acceptable for the eventual long hole mining method envisioned for any future extraction scenario at Rowan.
The Mt. Jamie MRE was estimated with a cutoff grade of 3.80 g/t Au and USD $3,200 gold price. The higher cutoff grade used at Mt. Jamie effectively removes extraneous resource areas from the block model until future drilling can be completed to better define and constrain the mineral domains. The Mt. Jamie MRE is not in consideration for the upcoming Madsen-Rowan PFS.

FIGURE 1. Plan view showing comparison between Rowan 2025 and 2026 MRE block models along with 2025-2026 drill strings.

FIGURE 2. Plan view showing Mt. Jamie 2026 MRE block model.

IMPLICATIONS FOR FUTURE GROWTH

The 2026 MRE reflects the successful integration of recent drilling focused on both resource conversion and extension of the known mineralized system. The updated model incorporates new geological interpretations and demonstrates continuity across several of the primary vein structures at Rowan.

Unlike many resource updates requiring significant capital deployment, the Rowan 2026 MRE was achieved through a disciplined and targeted exploration approach utilizing relatively modest drilling metres and expenditures.

The Rowan and Mt. Jamie vein systems remain open at depth, with recent drilling continuing to intersect high-grade mineralization outside of the current resource envelope. The Company believes the geological characteristics observed to date support the potential for continued expansion through future exploration drilling programs.
QUALITY ASSURANCE/QUALITY CONTROL

The technical information presented in this news release has been reviewed and approved by Will Robinson, P.Geo., Vice President of Exploration for West Red Lake Gold and the Qualified Person for exploration at the West Red Lake Project, as defined by NI 43-101. Mr. Robinson is not independent of WRLG. The Mineral Resource disclosure summarized herein is derived from the independent technical work completed by Sims Resources, LLC and Fuse Advisors, Inc. The Qualified Person is not aware of any environment, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant factors that could materially affect the 2026 MRE.

ABOUT WEST RED LAKE GOLD MINES

West Red Lake Gold Mines Ltd. is a Canadian gold producer and developer advancing a high-grade, district scale opportunity in the Red Lake district of Ontario. The Company’s flagship Madsen Mine has recently achieved commercial production and is positioned as the central hub of a growing multi asset platform. The Company controls a 47 km² land package in one of the world’s most prolific mining districts, which has historically produced over 20 million ounces of gold from high grade systems¹. West Red Lake also owns the Rowan Property in Red Lake, covering 31 km² that includes three past producing mines (Rowan, Mount Jamie and Red Summit) and represents a key source of future production growth.

ON BEHALF OF WEST RED LAKE GOLD MINES LTD.

“Shane Williams”

Shane Williams
President & Chief Executive Officer

FOR FURTHER INFORMATION, PLEASE CONTACT:

Jaclyn Ruptash
V.P. Corporate Communications
Tel: (604) 569-5559
Email: investors@wrlgold.com or visit the Company’s website at https://www.westredlakegold.com

Neither the 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.

CAUTIONARY STATEMENT AND FORWARD-LOOKING INFORMATION

Certain statements contained in this news release may constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information generally can be identified by words such as “anticipate”, “expect”, “estimate”, “forecast”, “planned”, and similar expressions suggesting future outcomes or events. Forward-looking information is based on current expectations of management; however, it is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking information in this news release and include without limitation, statements relating to the timing and publication of the Rowan 2026 MRE Technical Report; potential resource growth and subsequent production at the Rowan Project and Mt. Jamie deposit; the potential economics of the Rowan Project and Mt. Jamie deposit; the anticipated timing and deliverable of a combined Madsen-Rowan PFS; the timing and results of further geotechnical, metallurgical and engineering studies underway at Rowan; the timing and receipt of permits; anticipated drilling to occur at Rowan or Mt. Jamie for the remainder of 2026; any untapped growth potential in the Madsen deposit, Rowan deposit or Mt. Jamie deposit and the Company’s future objectives and plans. Readers are cautioned not to place undue reliance on forward-looking information.

Forward-looking information involves numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking information. These risks and uncertainties include, among other things, market volatility; the state of the financial markets for the Company’s securities; fluctuations in commodity prices; and changes in the Company’s business plans. Forward-looking information is based on a number of key expectations and assumptions, including without limitation, that the Company will continue with its stated business objectives and its ability to raise additional capital to proceed. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in 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 forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Additional information about risks and uncertainties is contained in the Company’s management’s discussion and analysis for the year ended December 31, 2025, and the Company’s annual information form for the year ended December 31, 2025, copies of which are available on SEDAR+ at www.sedarplus.ca.

The forward-looking information contained herein is expressly qualified in its entirety by this cautionary statement. Forward-looking information reflects management’s current beliefs and is based on information currently available to the Company. The forward-looking information is made as of the date of this news release and the Company assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law.

For more information on the Company, investors should review the Company’s continuous disclosure filings that are available on SEDAR+ at www.sedarplus.ca.

¹ Twomey, T. and McGibbon, S. Red Lake Mine, Goldcorp Inc. (2022). “The Geological Setting and Estimation of Gold Grade of the High-Grade Zone, Red Lake Mine.” Exploration Mining Geology, Vol. 10, Nos. 1–2, pp. 19–34. Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”).

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/02abf7ab-144b-404c-8204-2f82f86e6c0d

https://www.globenewswire.com/NewsRoom/AttachmentNg/f2b8781e-4f7e-42fb-a7cb-4cd9bd51d57e

https://www.globenewswire.com/NewsRoom/AttachmentNg/095dbc7e-a5a2-457a-adac-88c0e4d4ce6a

Trident Resources Announces Mobilization of Drill Crews and Equipment for the Summer 2026 Drill Program at the Contact Lake Gold Project, Saskatchewan

Vancouver, BC, June 09, 2026 (GLOBE NEWSWIRE) -- Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF) (Frankfurt: 6BP0) (“Trident” or the “Company”) is pleased to announce that all geologic and drilling personnel and equipment, including two drills, have been mobilized to the Contact Lake Gold Project for the onset of the 2026 summer drill program. Trident plans to drill over 20,000 metres in approximately 35 drillholes at the Contact Lake project between June to November. Furthermore, assays are still pending for seven holes from the winter program at the Contact Lake target area as well as eleven holes from the Preview SW deposit located 3km to the southeast.

Contact Lake Gold Property Map:
http://www.tridentresourcescorp.com/_resources/maps/contact-lake-property-map.jpg

Drilling activities will be focused on expanding the known gold mineralization both along strike and at depth as the Contact Lake deposit remains open for expansion in all directions. The recently completed 2026 winter drill program successfully extended high-grade gold mineralization to the northeast at the BK3 zone. The summer program will seek to grow the resource base along strike to the west and at depth in multiple prospective target areas.

Contact Lake Drill Collar Location Map:
https://www.tridentresourcescorp.com/_resources/images/Contact-Lake-Drill-Collar-Location-Map.jpg

Contact Lake is a shear-hosted orogenic gold deposit, a type of mineral deposit that can host high-grade gold mineralization at depths that exceed 1000m in depth. Mine production at Contact Lake reached a maximum depth of 340m at the time of closure in 1998, despite drill-defined gold intercepts below that level. With only limited drilling, Trident successfully discovered significant gold mineralization at vertical depths >500m below surface during the fall 2025 drill program and will seek to extend those high-grade zones in the coming months.

Jon Wiesblatt, CEO of Trident Resources, stated: “Following the exceptional success of our 2025 and early 2026 drilling campaigns, Contact Lake is rapidly emerging as one of the most exciting high-grade gold projects in Canada. The project continues to exemplify the key characteristics associated with some of Canada's most successful gold discoveries, including exceptional grades, multiple stacked mineralized structures, strong continuity, and significant expansion potential both along strike and at depth. With mineralization now confirmed more than 500 metres below surface and the deposit remaining open in all directions, we believe we are only beginning to unlock the true scale of this system.”

“Our +20,000-metre summer drill program represents the largest single exploration phase in many decades at Contact Lake and reflects our commitment to aggressively advancing and expanding the project. Beyond growing the known mineralized footprint, we are also focused on new discoveries and systematically exploring our surrounding land package, including the Preview and Greywacke deposits, as we work toward establishing a district-scale gold system in the heart of the La Ronge Gold Belt. We believe the combination of multiple gold deposits, past-producing mines, extensive infrastructure and notable exploration upside all position Trident to advance Canada's next emerging gold camp and create significant long-term value for our shareholders.”

Contact Lake Gold Project Overview:

The Contact Lake Gold Project covers approximately 22,790 hectares and includes the past-producing Contact Lake gold mine, which produced approx. 190,000 ounces of gold at an average head grade of 6.16 g/t Au during active mining operations between 1994 to 1998. At the time of mine closure, the price of gold hovered around $300/oz (USD) and Cameco Corporation reported that substantial gold resources were left unmined. Situated in the highly prospective La Ronge Gold Belt of Saskatchewan, the Contact Lake Property also hosts the Preview SW, Preview North and the North Lake orogenic gold deposits.

Along with the Greywacke North deposit (located by road 40km northeast of Contact Lake), these four deposits are wholly-owned by Trident Resources and host current Mineral Resource Estimates (Trident news release November 24, 2025) which do not include any gold-related ounces from the past-producing Contact Lake target area.

Quality Assurance and Quality Control:

All drill core is logged, photographed and cut in half with a diamond saw. Half of the core is placed in sealed poly bags with unique identification numbers and transported to ALS Global in Saskatoon, Saskatchewan for analysis, while the other half is archived and stored on site for verification and reference purposes.

At the lab, samples are received and digitally recorded then dried and pulverized into a fine powder. Gold is assayed using a 30g fire assay method and 49 additional elements are analyzed by Inductively Coupled Plasma (ICP) utilizing a 4-acid digestion. Secondary metallic screen analyses are performed on select mineralized zones and all samples that return >3 g/t Au to quantify the nugget effect of the gold mineralization. Quality Assurance and Quality Control (QAQC) samples including field blanks, duplicates and lab-certified standards are inserted in the sample stream at a rate of greater than 10% of all samples submitted to the lab. ALS Global also conducts their own internal QAQC protocol.

Qualified Person:

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Cornell McDowell, P.Geo., VP Exploration for Trident Resources and the Qualified Person for Trident as defined by NI 43-101.

About Trident Resources Corp.

Trident Resources Corp. is a Canadian, public mineral exploration company listed on the TSX Venture Exchange focused on the acquisition and development of advanced-stage gold and copper exploration projects in Saskatchewan, Canada. The Company is aggressively advancing its 100% owned Contact Lake and Greywacke Lake projects which host significant gold resources located within the prospective and underexplored La Ronge Gold Belt, as well as the 100% owned Knife Lake copper project which contains a historical copper resource.

Trident’s Regional Project Location Map:
https://www.tridentresourcescorp.com/projects/contact-lake-gold-project/#&gid=1&pid=1

To find out more about Trident Resources Corp. (TSX-V: ROCK) visit the Company’s website at www.tridentresourcescorp.com.

TRIDENT RESOURCES CORP.

“Jon Wiesblatt”

Jonathan Wiesblatt
CEO and Director

For further information, please contact:

Jonathan Wiesblatt, Chief Executive Officer
Email: Jon.Wiesblatt@tridentresourcescorp.com

Or:

Andrew J. Ramcharan, PhD, P.Eng., SVP Corporate Communications
Email: info@tridentresourcescorp.com

Trident Resources Corp.
Telephone: 647-309-5130
Toll Free: 800-567-8181
Facsimile: 604-687-3119

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Forward-Looking Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, completing ongoing and planned work on its projects including drilling and the expected timing of such work programs, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. 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. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of uranium, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses, and those filed under the Company’s profile on SEDAR+ at www.sedarplus.ca. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, failure to obtain or maintain all necessary government permits, approvals and authorizations, failure to obtain or maintain community acceptance (including First Nations), decrease in the price of uranium and other metals, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

GreenLight Metals (TSX-V: GRL)(OTC: GRLMF) CEO Matt Filgate on Step-Out Success & Resource Growth Potential at Bend Copper-Gold VMS Project, WI, and Barrick JV Catalyst at Kalium Canyon Gold Project, NV

[CUSTOM shortcode="media" type="youtube" id="8OhZEIR2uwk"]

Gerardo Del Real: This is Gerardo Del Real with Resource Stock Digest. Joining me today is the president & CEO of one of the most compelling copper-gold speculations in the space right now. I'm speaking with Mr. Matt Filgate from GreenLight Metals. Matt, how are you today?

Matt Filgate: I'm doing great, Gerardo. It's always a pleasure to chat and catch up. I'm excited to update you on some recent drill results.

Gerardo Del Real: Listen, let's start with the drill results, and then I definitely want to talk about the joint venture and the term sheet with Barrick because that's also a significant catalyst moving forward.

But look, the bottom line is you're hitting high-grade copper. You're hitting 27.72 meters of 1.07% Cu and 0.97 g/t Au (2.10% CuEq), including 15.65 meters of 1.66% Cu and 1.39 g/t Au (3.14% CuEq), at the Bend VMS Deposit here in America, in Wisconsin.

Can you provide the context?

Matt Filgate: Yes, these were pretty important holes for us as a company. They're step-outs from the last release we put out, which was Hole 7, and a pretty significant step-out from the historic 4.5-million-tonne resource that makes up the main part of the Bend Deposit.

We're stepping out to the northeast. We've been doing that since the beginning of our drill campaign. It's all systematic drilling going out on 100-meter centers and continuing to chase mineralization away from the deposit down-dip, down-plunge.

The reason why these latest results are significant is because they're in a new area. They're a big step-out from that main historic body, and they show a good continuation of mineralization.

They also show consistent grade and consistent thickness away from that deposit. So we're very excited about it. It really solidifies our thesis of this project — that it is much bigger than 4.5 million tonnes — and this shows that growth.

As we continue to step out, we continue to hit massive sulfide and good copper mineralization. As you mentioned, it's typically this core of 15 to 20 meters at 1.5% to 2% copper and then a broader mineralized zone, which includes that mineralized footwall underneath the near-vertically dipping massive sulfide lens, which typically carries solid grade as well.

That's where we see 27 meters at 1% copper; over 30 meters in Hole 7 at 1% copper. So very consistent grade. We're very happy with it so far.

Gerardo Del Real: Assays are still pending, I understand, correct?

Matt Filgate: Yes, we have three holes at the lab right now. We're really excited about Hole 9. Hole 9 is a hole that we described in this press release. We hit 85 meters of mineralization in that hole across multiple lenses.

This is a bit deeper than Hole 7. It's an undercut of about 70 to 80 meters below Hole 7, and we see a series of stacked massive sulfide lenses down there, which is pretty exciting.

It seems to be blowing out or getting thicker at depth. Eighty-five meters is the largest intercept of massive sulfide we've seen on the project to date, including historic drilling. Again, this is all stepped out 100 to 150 meters from that historic ore body down-dip, down-plunge. We're pretty excited to get those back from the lab and get them out to the market.

We're currently drilling another step-back hole that will undercut Hole 9 by another 50 meters. We're systematically stepping down and drilling to depth, while at the same time stepping out along strike 100 meters and drilling that fence down-dip, down-plunge as well.

It's growing quickly, and we're very excited. We think this is a real project, and we're looking forward to getting a resource statement out at the end of this year, if not early 2027. We have an exploration target of 15-plus million tonnes here, and we think we can achieve that with what we're seeing so far.

Gerardo Del Real: Look, you've executed with the drill bit. I know it's summertime. I know it's the summer doldrums, and I think that's presenting a compelling opportunity for anyone who wants copper and gold exposure here in the US, not to mention the critical metals aspect of it, which is also a part of the story. Can you touch on that just a bit?

Matt Filgate: Yes, our share price was trading sideways for a bit there. We were waiting for news to come back from the lab and, like most companies, we got caught in that five- to six-week turnaround time. Things do seem to be getting a little bit better at the lab right now.

Certainly, we're trading at a pretty serious discount relative to some of our peers in the VMS space. These types of deposits tend to do really well in the market, especially as you show growth and potential.

Right now, we're kind of at the bottom of that curve, and we've got a lot of room to grow. We're going to have consistent drill results coming out for the rest of 2026 on these step-out holes, and the market will catch on and see that this deposit is getting much bigger and that the footprint is growing rapidly with each drill hole. That's really important for the market to understand.

Right now, we're trading at about a C$32 million market cap. If you go to our corporate deck on our website, we have a great slide showing some of our peers and how they're being valued in the market. Companies that have somewhere in that 7- to 8-million-tonne range up to 15 million tonnes are trading at a premium to us — about a three- to five-times premium. That's our runway.

For shareholders looking to get into an early copper story, remember we've only been public for one year with lots of runway to grow. Certainly, this is a compelling value proposition.

Gerardo Del Real: Matt, I've got to talk to you before you leave about the binding term sheet with Barrick because I don't think the market has priced that in either.

Matt Filgate: No, I don't believe they have. That's a very unique deal for us. We had that project as a non-core asset, and we were able to capitalize on it with Barrick. It's in Nevada. It's called Kalium Canyon. It's a very attractive low-sulfidation epithermal target that sits in the Walker Lane trend.

Barrick is very interested in that area. Obviously, they do a lot of great exploration across Nevada and have some pretty exciting projects and operations there. As a company, we looked at how we could best leverage this for our shareholders.

Barrick showed interest, and so we were able to negotiate a joint venture agreement where they're going to come in and earn into the project through three different stages, totaling up to 80%, with spending of approximately US$30 million to US$35 million. We also get a US$1 million cash payment as part of that transaction.

At the end, if everything goes well and Barrick makes a major discovery at Kalium Canyon and advances it through to a prefeasibility study, we have a free carry and own 20% of the project. That 20% could be worth a lot of money one day to our shareholders.

It's a great way to capitalize on a non-core asset. Obviously, Barrick is one of the world's best exploration and mining teams and a great partner. We know they're going to do good work, and we know they're good for the work.

It's something that had essentially zero value to the company before — we certainly weren't marketing it or putting it out there — and now it suddenly has very high potential to become a huge catalyst for us over the next couple of years.

Gerardo Del Real: Look, there are a lot of catalysts for the second half of this year and a lot of catalysts for the next several years. I think included in that will be much higher gold prices and much higher copper prices as well. So you're positioned well.

I would encourage potential shareholders to go to the website and take a look at the portfolio and take a look at Bend and the work that's being done. It's quality work.

Matt, always a pleasure to catch up. I look forward to those assays and am really looking forward to Hole 9 and seeing what that returns.

Matt Filgate: Yes, so are we, Gerardo. I appreciate the time today. If anyone ever wants to reach out to me, my email is Matt@GreenLightMetals.com. You can go to our website at GreenLightMetals.com.

We trade on the TSX-V under GRL and on the OTCQB under GRLMF. We're available anytime for questions or to walk through the presentation, so please reach out.

Gerardo Del Real: Beautiful. I appreciate it. Thank you, sir.

Matt Filgate: Thank you, Gerardo.

Metals Monday: Down Across the Board

Commodity Callout

A turbulent week saw just about everything go down in value, but uranium held strong.

Metal Price Update

Gold — Gold had been holding steady for much of the week, only to end in a downturn. It started around $4500 per ounce and ended around $4338. Economic news and the specter of rate hikes weighed on the price, but the bull market persists.

Silver — Silver was in a similar situation. It started around $73 per ounce and ended at $68. This is a good opportunity to add to any holdings before prices begin to recover.

Copper — Copper’s price started around $6.60 per pound and dropped to around $6.25, showing that even it wasn’t safe from the wipeout. Demand for copper isn’t going anywhere, so traders should take advantage of the pullback while they can.

Lithium Carbonate — Lithium continued to decline. It started the week around $26,500 and ended around $24,000. Lithium has traditionally been a boom-and-bust commodity. In the short term, this seems like a bust, but prices are still far higher than they were a year ago. Like other commodities, the signs point to this downturn being temporary, and thus a buying opportunity.

Uranium — Uranium mostly remained in the range around $86 per pound, showing resilience in a down market. Despite everything else happening in the world, uranium is something that remains in high demand and the price resilience reflects that.
Company Callout

One company to consider for your portfolio is FinEx Metals (TSX-V: FINX)(OTC: FNXMF), a company with gold mining operations in Finland’s Central Lapland Greenstone Belt.

It’s still in the early stages of exploration, having conducted drilling recently that turned out to not be as productive as they hoped and causing the stock to pull back as a result. Still, the company continues its work, having recently announced a summer exploration program on its 100%-owned Kero gold project.

There will be approximately 2000 meters of diamond drilling in an area where historical sampling outlined a 1.2 km long zone of intermittent gold-mineralization, including several historical drill core intercepts such as 9.05 m grading 1.95 g/t Au, including 1.05 m grading 12.6 g/t Au. The hope is that follow-up drilling will uncover structures that had not been optimally tested in the past.

This could be a smart addition to a portfolio because the project is near existing mining operations owned by other companies and infrastructure is already in place. Additionally, the project is in a stable jurisdiction and the company has a proven exploration model.

The company’s small valuation, especially in light of recent pullbacks, means there’s significant upside potential if the exploration-stage project is what management believes it is.

You can learn more about the company’s recent announcement and hear analysis from Gerardo in the most recent episode of Bizarro World Live by clicking here.

Gerardo also has the company in his Junior Resource Speculator portfolio. You can learn more about the company, including price buying guidance, by clicking here.

Keep your eyes open,

D-Day for Debt & Taxes - Bizarro World 367

The free version of the 367th episode of Investing in Bizarro World is now published.

Here’s what was covered:

Macro Musings - The conversation started with what Gerardo called another “Groundhog Day” market, with Iran headlines changing by the hour, oil up and down, and markets continuing to climb anyway.

Gerardo gave the commodity setup right away: gold was back near the $4,500 level at roughly $4,480, silver was around $74, copper was near $6.30, the U.S. Dollar Index was closer to 100 than 99, and crude had pulled back to the $93 level. The 10-year Treasury yield remains the key pressure point. With the 10-year below the critical 4.50% threshold, broader indices have once again had room to push to new all-time highs.

Nick agreed that not much has changed over the last few weeks. Copper still looks better than gold, gold looks better than silver, and the dollar and 10-year yield have been oscillating in the same general range. The most interesting macro move has been oil’s weakness, which Nick said could reflect either a real easing of war risk and possible reopening of the Strait, or the market beginning to price in slower demand. He also noted the House vote under the War Powers Act to end the Iran war, though the Senate still has to weigh in.

The bigger picture remains a market driven by headlines rather than fundamentals. Copper, gold, oil, and broader equities continue to react to every “truce” or “no truce” headline. Growth is still stronger than many expected, with first-quarter GDP around 1.6% and the current-quarter forecast near 3%, while inflation remains around 4%. The new Fed chair will have to deal with that setup soon, but for now, the summer slowdown is visible: people are away from desks, phones are not getting answered, and the market is still drifting higher.

Market Takes - Gerardo framed the current junior resource market with one simple phrase: boring is the opportunity. A lot of people are outside, away from their screens, and checked out for summer, but a lot of important exploration work is happening beneath the surface. The companies being rewarded right now are the ones delivering high-grade drill results, whether that is copper, gold, or silver. Rangebound trading continues in many of Gerardo’s top holdings, but he sees real money to be made by paying attention to catalysts, assays, and the companies doing quality work while the broader market is quiet.

Nick pointed to Gerardo’s recent interview with Jeff Phillips, noting that the same theme came through there: some companies are reporting solid work and good results but still being overlooked by the market. Neither Nick nor Gerardo believes the commodity supercycle is close to over, and they expect these themes to be front and center at the Rule Symposium in the coming weeks. The current market may be dull, but the setup remains highly constructive for the right exploration names.

Gerardo also highlighted gold overtaking bonds as a larger reserve asset on central bank balance sheets, calling it a sign of the times. That led into discussion of Jeff Currie’s call for gold to potentially see $4,000 before eventually reaching $10,000, as well as continued buying from central banks and players like Tether. Nick referenced a Financial Times article that outlined central banks have stepped up gold purchases dramatically over the last several years, with gold now larger than U.S. Treasury bills on reserve balance sheets, in part because of de-dollarization concerns and in part because gold’s price has risen so much.

The conversation then moved into debt and taxation. Nick referenced a Penn Wharton study suggesting U.S. debt could eventually approach a 210% debt-to-GDP threshold where the problem becomes essentially uncontrollable. In order to address that, the study suggested an additional 15 percentage points of taxation on income. Nick tied that into Fourth Turning dynamics, class tension, Washington state’s new income tax, and the reality that governments almost never talk about spending less — only about raising more revenue.

Bizarro Banter - Gerardo tied the tax and debt discussion into his frustration over U.S. tax dollars funding foreign wars, Epstein file coverups, and institutional corruption. He focused on Section 224 of the 2027 National Defense Authorization Act, which he said would further integrate U.S. and Israeli military infrastructure, defense supply chains, and technology. His broader point was that U.S. leadership looks increasingly compromised, with both parties largely on board and only a handful of figures on the right and left willing to question the direction of policy.

Nick noted that there is at least some pushback forming. He cited the House vote to end the Iran war, Republican senators pushing back against Trump’s proposed fund for January 6 defendants and others claiming persecution, and Mike Pence speaking out against the direction of the party. Both hosts agreed that distrust in government is building, and Nick tied that back to the gold discussion: global central banks are increasing gold holdings because trust in government, debt, and political leadership is eroding.

From there, Gerardo handed the floor to Hunter Biden’s return to X. Hunter’s posts became a running theme, including his line that Americans are being divided on purpose by the “Epstein elite oligarch class” and his attacks on Jake Tapper, Jared and Ivanka, Don Jr., Eric Trump, and the broader Trump family business universe. Gerardo also highlighted Hunter joking about his past addiction, including the line that he would not have forgotten cocaine in the White House if it had been his. The larger point was that in 2026, Hunter Biden somehow sounds like one of the more honest and self-aware political voices in the room.

The hosts also discussed the coming SpaceX IPO. Gerardo noted that Fidelity had reportedly lowered the minimum account requirement to participate from as much as $500,000 to $2,000, framing it as a kind of crowdsourced mega-IPO. Nick said he is not a SpaceX expert, but the event itself is enormous, with pricing around $135 per share and a raise far larger than prior IPO giants like Saudi Aramco, Alibaba, and SoftBank. He tied the enthusiasm around SpaceX into broader market flows, index buying, and the fact that fund flows may matter more than traditional fundamentals in this market.

Nick also pointed out that there are now more ETFs listed than actual public companies, with single-stock, leveraged, inverse, covered-call, and other specialized ETFs all feeding into the flow-of-funds dynamic. He contrasted today’s market with 1999 by noting that AI and space-related spending involve real buildouts, real jobs, real data centers, and real infrastructure — not just websites with no brick-and-mortar reality. The segment ended on the “F-shaped economy” idea, where wealthy boomers are helping younger generations financially, and on a lighter note, the viral Kool-Aid pineapple trend that both hosts found ridiculous but entertaining.

Premium Portfolio Picks - (You need to subscribe to Investing in Bizarro World Live to get this section.)

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0:00 Introduction

2:13 Macro Musings: Groundhog Day Markets. Iran Deal Whiplash. Ten-Year Threshold.

6:59 Market Takes: Boring Is Opportunity. High-Grade Rewarded. Summer Exploration Catalysts. Gold Overtakes Bonds. Debt Spiral. Tax Pressure.

19:26 Bizarro Banter: Section 224. Epstein Files. Hunter Biden Returns. SpaceX IPO. ETF Proliferation. Kool-Aid Pineapples.

38:57 Premium Portfolio Picks: (You need to subscribe to Bizarro World Live to get this section)

PLEASE NOTE: There are now two versions of this podcast.

Bizarro World Live — Pay less than $3 per episode to watch us record the podcast live every Thursday and get Premium Portfolio Picks every week. Plus an archive of all premium episodes. Subscribe here.
Bizarro World Free — Published the Monday after the live recording with no Premium Portfolio Picks.

Southern Cross Gold Announces Inclusion in the S&P/TSX Composite INDEX

Vancouver, British Columbia and Melbourne, Australia--(Newsfile Corp. - June 8, 2026) - Southern Cross Gold Consolidated Ltd (TSX: SXGC) (ASX: SX2) (OTCQX: SXGCF) (FSE: MV3) ("SXGC", "SX2" or the "Company") is pleased to announce that its common shares will be added to the S&P/TSX Composite Index effective at the opening of trading on Toronto Stock Exchange ("TSX") on Monday, June 22, 2026. The S&P/TSX Composite Index is the headline benchmark for Canadian equities and the reference index for a broad base of institutional funds, index strategies and exchange-traded products. Inclusion reflects the Company's scale, trading liquidity and growing profile among Canadian and international investors.

Michael Hudson, President & CEO, states: "We are proud to join the S&P/TSX Composite Index. Few companies move from discovery to a Composite constituent in the space of a few years, and reaching this point reflects the work of our team across Australia and Canada, the trust of our shareholders, and the support of the communities, partners and government stakeholders who have backed Sunday Creek. Index inclusion broadens our access to passive and institutional capital and raises our profile as we advance one of the highest-grade gold-antimony pre-development projects globally. We are grateful for the recognition and equally clear-eyed about what remains: the disciplined work of advancing Sunday Creek towards further discovery and development."

About Southern Cross Gold Consolidated Limited (TSX: SXGC) (ASX: SX2) (OTCQX: SXGCF) (FSE: MV3)

Southern Cross Gold Consolidated Ltd. (TSX: SXGC) (ASX: SX2) (OTCQX: SXGCF), is defining a leading gold-antimony project at the Sunday Creek Gold-Antimony Project, located 60 km north of Melbourne, Australia. Sunday Creek is a significant gold and antimony drill discovery in a Tier 1 location, with high-grade drill results including 85 composite intersections exceeding 100 g/t Au from 119.6 km of drilling. The mineralization follows a "Golden Ladder" structure over 12 km of strike length, with structures tested from surface to 1,100 m depth.

Sunday Creek's strategic value is enhanced by its dual-metal profile, pairing gold with antimony, a metal the Western world relies on for defence and semiconductor applications. That profile has gained significance following China's export restrictions on antimony. Southern Cross' inclusion in the US Defense Industrial Base Consortium (DIBC) and Australia's AUKUS-related legislative changes position it as a potential key Western antimony supplier.

Technical fundamentals further strengthen the investment case, with preliminary metallurgical work showing non-refractory mineralization suitable for conventional processing and gold recoveries of 93% to 98% through gravity and flotation.

With a strong cash position, 1,392 Ha of strategic freehold land ownership, and a 200 km drill program planned through Q1 2027, SXGC is well placed to advance this globally significant gold-antimony discovery in a tier-one jurisdiction.

- Ends -

For ASX Compliance: This announcement has been approved for release by the Board of Southern Cross Gold Consolidated Ltd.

For further information, please contact:

Mariana Bermudez - Corporate Secretary

mb@southerncrossgold.com or +1 604 685 9316

Executive Office

1305 - 1090 West Georgia Street Vancouver, BC, V6E 3V7, Canada

Nicholas Mead - Corporate Development

info@southerncrossgold.com.au or +61 415 153 122

Justin Mouchacca, Assistant Company Secretary,

jm@southerncrossgold.com.au or +61 3 8630 3321

Subsidiary Office

Level 21, 459 Collins Street, Melbourne, VIC, 3000, Australia

Forward-Looking Statement

This news release contains forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results and future events could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements include words or expressions such as "proposed", "will", "subject to", "near future", "in the event", "would", "expect", "prepared to" and other similar words or expressions. Factors that could cause future results or events to differ materially from current expectations expressed or implied by the forward-looking statements include but are not limited to: The Company's inclusion in the S&P/TSX Composite Index becoming effective at the opening of trading on TSX on Monday, June 22, 2026 (if at all); the anticipated benefits (if any) of the inclusion in S&P/TSX Composite Index resulting in enhanced market visibility, trading liquidity and broader investor access; the inclusion being an indicator of progress or milestones achieved to date; the potential quantity and grade of the Sunday Creek Exploration Target which is preliminary in nature, as there has been insufficient exploration to estimate a mineral resource and it is uncertain if further exploration will result in the estimation of a mineral resource; general business, economic, competitive, political, social uncertainties; the state of capital markets; unforeseen events, developments, or factors causing any of the expectations, assumptions, and other factors ultimately being inaccurate or irrelevant; and other risks described in the Company's documents filed with Canadian or Australian (under code SX2) securities regulatory authorities. You can find further information with respect to these and other risks in filings made by the Company with the securities regulatory authorities in Canada or Australia (under code SX2), as applicable, and available for the Company in Canada at www.sedarplus.ca or in Australia at www.asx.com.au (under code SX2). Documents are also available at www.southerncrossgold.com The Company disclaims any obligation to update or revise these forward-looking statements, except as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300483

In the Shadow of Rate Hikes

Since last week: Gold saw some of its recent gains wiped out thanks to jobs report numbers

1. More Ceasefire Talk

A ceasefire was announced between Israel and Lebanon, the market reacted, and then tensions in the area flared again as Hezbollah rejected the terms. Market sentiment trended somewhat positive, but the movement wasn’t dramatic. This is a sign that the market has gotten used to this kind of volatility. Like all past news of talk and negotiations, it’s anyone’s guess whether this will stick. Regardless, you can invest in a way that’s to your benefit regardless of what the broader market does. Click here to learn how.

2. Antimony Is Becoming Popular

If you haven’t heard of antimony, you will soon. It’s one of the critically important metals the US government needs and it’s taking steps to establish and control domestic supply. This opens up a massive investment opportunity, especially at this point when it isn’t widely known to the public. One company, which has access to a massive supply in the ground along with six other critical metals, is set to be among the biggest winners in this space. Click here to learn more now.

3. Gold Goes Down

Mixed messaging out of Iran, along with economic news that pointed to an increased chance that the Fed will raise interest rates later this year, weighed on gold prices and led to losses over the course of the week. The bull market still has long-term support, making this a buying opportunity. Click here to learn about the best gold play to take advantage.

4. Goldman on Robots

Goldman Sachs says that AI investing is moving on, and robotics will be the next big thing in that regard. It’s going from infrastructure to application, according to the recent research report released by the bank. This is something tech expert Chris Curl has brought up recently, but now it’s starting to get mainstream attention. Click here to learn about early-stage profit plays that can keep you ahead of the rest of the investing public.

What to Look For

Talk about future rate hikes could get louder, especially as inflation continues to climb.

Keep your eyes open,

Our Newly-Minted Millionaire

I just got off the phone with a very happy – and wealthy – reader…

He called to tell me that he’s about to hit a cool million bucks on one of Gerardo Del Real’s recommendations. I’ve heard dozens of stories about how much money our readers have made on our recommendations.

But this was the first newly-minted millionaire I’d heard from.

The company Gerado recommended was Patriot Battery Metals, now known as PMET Resources Inc. It’s a Canadian critical minerals exploration company that discovered the largest lithium pegmatite resource in the Americas.

Gerardo recommended it at its very earliest stage and here’s what happened:

These kinds of gains don’t happen by accident. Gerardo Del Real is well known for his boots-on-the-ground research. He’s not one of those keyboard jockeys who just looks at charts all day from the comfort of his desk. And, as he likes to say, he eats his own cooking and actually invests in the companies he recommends.

So I take extreme interest every time he travels to a new location, vets a company, and puts his money where his mouth is. His latest recommendation could be the next millionaire maker…

He’s just returned from South Dakota, where he vetted a tiny sub-dollar company. They just cracked open 140 years of sealed ground – and what came out could rewrite the critical minerals map for generations to come.

Seven critical minerals. Every single one on the federal government’s official list. All from the same property. It was all confirmed in the drill core.

Gerardo told me that it’s “America’s Secret Vault”.

And almost nobody knows anything about it.

No one in the media has mentioned it.

Wall Street analysts, newsletter writers – none of them are covering this.

But given Gerardo’s deep contacts and constant calls with resource industry executives, he was able to identify this groundbreaking company before any of the Wall Street desk jockeys had even heard of it.

And what’s unfolding in South Dakota right now has more going for it than any of those wins.

Which is saying a lot, especially considering the results our readers following Gerardo’s research have seen from past recommendations.

A subscriber named Glenn put C$62,000 into Perpetua Resources based on Gerardo’s research. That position grew to C$359,000 – nearly six times his money.

David built a four-stock position with $120,000. Six months later, he was sitting on $270,000 – $150,000 in profit.

Jack booked a 2,000% gain on a single trade.

Yvonne invested $1,500 in one uranium pick and sold for $8,067. Her own words: "I thought that was good for a country girl."

I love hearing these stories and I can’t wait to hear from more of you after this company releases its next drilling results.

In Gerardo’s new report, “America’s Secret Vault”, he reveals the name of this company and why he thinks it will be his next big-bagger.

So if you want to join our list of subscribers like the new millionaire I mentioned, I urge you to sign up today for what could lead you to generational wealth.

Jump onboard here, right now.

Godspeed,

Lion Rock Resources Expands Critical Metals Footprint - 100% Drill-Hit Rate at Volney Gold-Lithium Project, South Dakota

Lion Rock Resources (TSX-V: ROAR)(OTC: LRRIF) — currently trading around C$0.25 per share in a strong gold-lithium market — has significantly expanded the critical metals footprint at its flagship Volney gold-lithium project in the Black Hills Mining District of South Dakota following a highly successful 15-hole maiden drill program.

Results from the first-pass program, which produced a 100% drill-hit rate, have confirmed a large, near-surface lithium-tin-tantalum system measuring approximately 300 meters in length, up to 100 meters in width, and extending to a depth of roughly 150 meters.

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The program also returned additional high-grade lithium intercepts, including multiple intervals grading above 2% Li₂O, further validating Volney’s potential as an emerging US-based critical minerals project.

Lion Rock Resources CEO Dale Ginn commented on the positive Phase One results via press release:

“Our inaugural drill program at the past-producing Volney project has been a tremendous success. In addition to our recently announced gold discovery, we have now confirmed the presence of a large, strongly mineralized lithium-tin-tantalum system on the very same property. It is important to note that all three commodities in this system sit on the US critical minerals list and occur on private mineral claims.”

Importantly, the Phase One campaign focused on a single pegmatite target within the broader Volney system.

Ginn added,

“The mineralized strike, which includes high-grade mineralization over strong widths, stretches 300 m and remains open in every direction. Of particular importance, all of this was achieved by drill testing just one of the numerous pegmatite targets at Volney. Our team is now hard at work planning a follow up program that will include aggressive step outs and targeting of other pegmatites across the property.”

The results continue to reinforce Volney’s multi-metal potential, with lithium, tin, and tantalum all present within the emerging mineralized system.

As the United States works to secure reliable sources of critical minerals, projects capable of hosting multiple strategic commodities on American soil are becoming increasingly important.

At the same time, Volney is emerging as more than just a critical minerals story. Recent drilling and exploration work has helped define a growing near-surface gold system on the property, building on a long history of high-grade gold mineralization within the district.

The combination of gold, lithium, tin, and tantalum on the same property is an increasingly rare polymetallic occurrence, giving Lion Rock (“ROAR”) exposure to multiple favorable commodity trends in parallel.

Also noteworthy is the fact that Volney sits entirely on private land, with Lion Rock controlling both the surface and mineral rights, providing significant operational advantages, including streamlined permitting and year-round access compared to many exploration projects.

As you may recall, our own Gerardo Del Real recently visited the Volney project in person where he walked the Giant Volney Pegmatite and had a chance to review ongoing fieldwork firsthand with the ROAR team.

The site visit highlighted not only the scale of the known mineralized system but also the broader exploration potential emerging across the property as additional pegmatite targets continue to be identified and evaluated.

Equally apparent was the project’s infrastructure advantage, with road access, power, and year-round accessibility providing a solid foundation for continued exploration and development.

With metallurgy and mineralogy work underway, additional target definition in progress, and an expanded Phase Two drill program in development, Lion Rock is entering an important new phase of exploration at Volney.

In a strong metals market highlighted by gold above US$4,500 per ounce and lithium rebounding sharply off cyclical lows, ROAR remains well positioned for an active second half of the year as the broader scale of the gold discovery and critical minerals system comes further into focus.

Following his recent site visit to the Volney project, our own Gerardo Del Real of Junior Resource Monthly caught up with Lion Rock Resources Executive Chairman Nav Dhaliwal for an exclusive video interview covering the successful maiden drill program at Volney, the expanding gold and critical minerals footprint, and a look ahead to the upcoming Phase Two program. Please enjoy!

For additional information on Vancouver-based Lion Rock Resources, please contact the company’s IR department at 604-678-5308 or via email at info@lionrockresources.com.

Visit the Lion Rock corporate website and sign up to receive updates directly from the company here. View the most recent Corporate Presentation here.

Yours in profits,

V Ten Metals (TSX-V: VTEN) CEO Blair Way On Newmont JV at Flagship Tanami Project in Northern Territory Australia & What's Next

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Gerardo Del Real: This is Gerardo Del Real with Resource Stock Digest. Joining me today is the president & CEO of V Ten Metals Corp. (TSX-V: VTEN) — Mr. Blair Way. Blair, how the heck are you today?

Blair Way: I'm good, Gerardo. It's great to be catching up. It's been a while.

Gerardo Del Real: It has been a while. You have been very busy behind the scenes with the team getting this new vehicle up and running. You recently had a property update on the Tanami property in Australia regarding the exploration farm-in and joint venture agreement with Newmont and some of the work being done there. So I thought I would reach out and obviously catch up on the update there.

Clearly, that's an ongoing relationship that is advancing, but also to get an overview of where the company is and what you're expecting as far as approach and catalysts here for what I think is going to be a really exciting second half of the year.

Blair Way: Yes, as you suggested, we've been busy in the background with a new company, CPC, qualifying transaction, all the nuts and bolts that have to be put together for that to come into play.

We've got our Tanami property. The joint venture is progressing as planned. Newmont has done some work on the ground. Being a larger company, there's a bit more restriction on what we can or cannot say at this early stage, but the good news is the joint venture is progressing and we can carry on from there and provide updates as appropriate.

And of course, we still have a great deal of ground as part of that project that we have to do work on. Again, we are progressing that in the background and we'll have some updates very soon on that. Of course, that involves taking the property down the path toward an eventual drill program. So that's happening in the background, and I'll provide more detail on the timing and processes there in the coming weeks. But it's been busy.

As always, with a fresh baby company fresh out of the gate, we've had a lot of administrative activity in the background, but we've also been moving forward on the Tanami property. And of course, we are looking at other properties to add to the portfolio because a one-trick pony, one-property company is always a challenge. It's good to have diversity in both properties and the regions and jurisdictions we're working in.

Gerardo Del Real: Well, listen, present company included, anybody that wrote a check the last time you were quarterbacking a venture — that being Patriot Battery Metals — obviously did phenomenally well. So I have to believe the Rolodex, or the contact list as it's called now, has got to be pretty robust.

So when you mention looking at potentially adding other projects, do you have a commodity-specific focus, or are you really just looking for the best projects with merit that can get the company from point A to point B and hopefully someday to what Patriot Battery Metals has become?

Blair Way: Well, we've known each other long enough, Gerardo. I'm commodity agnostic. I've worked in almost all of them, whether it's gold, copper, nickel, magnesium, zinc, obviously lithium, and now cesium and tantalum. So there's a whole suite of commodities out there.

When you're looking at properties, you're looking for good projects with strong prospectivity and potential. Whether it's copper, gold, or something else, we evaluate them based on the quality of the project, and it'll be what it'll be.

Obviously, with Tanami, we are pretty optimistic about the copper-gold potential there, but there are other commodities that may have potential as well. We've got to do the work on the ground. Again, that's what I've always done in the past. We get the properties, figure out which ones are best, work those properties, keep moving forward, and turn the drill bit.

That's the way to deliver value and returns to shareholders — do the work. Less talk, more work has always been the goal.

Gerardo Del Real: Couldn't agree more. Back to Tanami, can you give people an overview of the difference between the farm-in agreement with Newmont and the property and concessions that V Ten has 100% control over?

Blair Way: Yes. It's a big property holding in the Northern Territory of Australia. For people who may not be familiar with Australia, it's right in the middle of the country, a little closer to the northern section — closer to Darwin than it is to Adelaide in South Australia.

We've got just over 1,200 square kilometers, and the joint venture covers less than half of that. So we still have a great deal of ground to work on, and that's actually what we're progressing right now. We have most things in place and, as I said, I'll be able to provide an update fairly soon on the next steps on the ground.

We certainly love the property. We've always loved it. And obviously Newmont has been pretty enthusiastic about it as well, given its willingness to execute the farm-in and joint venture.

For us, we'll continue to work the property. It's primarily the southern section of the property that we're focusing on. It's highly prospective. As I said before, we're looking at copper, gold, nickel, PGE, and potentially even rare earths. So nothing is going to be left out when we're doing assays in the key target areas.

You'll probably remember at Patriot [PMET] we were doing full assays on the holes, and we managed to find things in some of those later assays. So it's always good to spend the money on assays up front so you don't have to go back and redo the work later. It can provide opportunities when other commodities may or may not become of interest.

As I said, we've got a large area still to explore with highly prospective targets for copper, gold, nickel, PGE, and rare earths. So it's a full suite. It's a great property. It's in the middle of nowhere, but access is good because it's not that far from Newmont's Granites operation. It's about 30 kilometers away, so there is some infrastructure in the area.

Again, it's a desert environment. It's not hard to access. We're coming off the backside of the wet season there, so we'll be targeting getting on the ground later this year.

Gerardo Del Real: Sounds like a very catalyst-rich and busy second half of the year.

Blair Way: It is. Between the work on the property, potentially adding more properties, and some of the other things we'll have moving forward as we grow into our skin, get a bit more marketing going, and help people understand what we're doing, it's going to be a busy balance of the year.

I look forward to sharing the whole process with you and with all the investors who have been very faithful and loyal in following us over the years. I look forward to delivering similar results with V Ten.

Gerardo Del Real: Well, I'm biased. I've written checks in the last two financings. I think half the shares, if not most of them, are locked up, and I haven't sold a single share. I absolutely cannot wait for the drill bit to start turning. And frankly, I'm excited to see what other projects happen to fall into your lap over the next several months.

Thank you so much, Blair. Anything to add to that?

Blair Way: Nope, that's all. Great, Gerardo. We'll keep in touch. As I said, we'll provide more updates as they become available, but it's an exciting time ahead of us.

Gerardo Del Real: Looking forward to it. Thanks, as always.

Blair Way: Thanks, Gerardo.

Empress Royalty on Growth Strategy, Record Results and Future Catalysts

Alexandra Woodyer Sherron, President and CEO of Empress Royalty (TSX-V: EMPR)(OTC: EMPYF), joins the Making Money Matter channel to discuss the company's impressive first-quarter performance, growing cash position, portfolio updates, and the strategy behind pursuing development-stage opportunities. Check out the full discussion below.

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Power Metallic Mines Files Amended LIFE Offering Document to include Quebec as an Offering Jurisdiction for previously announced Brokered LIFE Offering for Gross Proceeds of up to C$30 Million

Canada NewsWire

/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, June 5, 2026 /CNW/ - Power Metallic Mines Inc. ("Power Metallic" or the Company") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) is pleased to announce that further to its news releases of May 28 and May 29, 2026 regarding the "best efforts" brokered private placement of the Company of up to C$30,000,000 (the "Marketed Offering") led by Red Cloud Securities Inc. ("Red Cloud"), acting as lead agent and sole bookrunner on behalf of a syndicate of agents (collectively, the "Agents"), the Company has filed an amended and restated offering document dated June 4, 2026, related to the Marketed Offering which adds Quebec as an offering jurisdiction. The amended offering document can be accessed under the Company's profile at SEDAR+ and on the Company's website. Prospective investors should read the amended offering document before making an investment decision.

The terms of the Marketed Offering remain the same and the Company has agreed to sell up to 24,000,000 common shares of the Company (the "Offered Shares") at a price of C$1.25 per Offered Share. The Company also granted the Agents an option, exercisable in full or in part up to 48 hours prior to the closing of the Marketed Offering, to sell up to an additional 2,400,000 Offered Shares at C$1.25 per Offered Share for up to an additional $3 million in gross proceeds (together with the Marketed Offering, the "Offering"). The Offering is scheduled to close on or around June 10, 2026.

The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States or U.S. persons, absent registration under the U.S. Securities Act and all applicable U.S. state securities laws or in compliance with an exemption therefrom. This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Power Metallic Mines Inc.

Power Metallic is a Canadian exploration company focused on advancing the Nisk Project Area (Nisk–Lion–Tiger)--a high–grade Copper–PGE, Nickel, gold and silver system--toward Canada's next polymetallic mine.

On 1 February 2021, Power Metallic (then Chilean Metals) secured an option to earn up to 80% of the Nisk project from Critical Elements Lithium Corp. (TSX–V: CRE). Following the June 2025 purchase of 313 adjoining claims (~167 km²) from Li–FT Power, the Company now controls ~330 km² and roughly 50 km of prospective basin margins.

Power Metallic is expanding mineralization at the Nisk and Lion discovery zones, evaluating the Tiger target, and exploring the enlarged land package through successive drill programs.

Beyond the Nisk Project Area, Power Metallic indirectly has an interest in significant land packages in British Columbia and Chile, by its 50% share ownership position in Chilean Metals Inc., which were spun out from Power Metallic via a plan of arrangement on February 3, 2025.

It also owns 100% of Power Metallic Arabia which owns 100% interest in the Jabul Baudan exploration license in The Kingdon of Saudi Arabia's Jabal Said Belt. The property encompasses over 200 square kilometres in an area recognized for its high prospectivity for copper gold and zinc mineralization. The region is known for its massive volcanic sulfide (VMS) deposits, including the world-class Jabal Sayid mine and the promising Umm and Damad deposit.

For further information, readers are encouraged to contact:
Power Metallic Mines Inc.
The Canadian Venture Building
82 Richmond St East, Suite 202
Toronto, ON

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This message contains certain statements that may be deemed "forward-looking statements" concerning the Company within the meaning of applicable securities laws. Forward-looking statements in this press release include, without limitation, statements regarding the completion and terms of the Offering, the anticipated closing date of the Offering, the intended use of proceeds of the Offering, the potential exercise of the Agents' Option, and the approval of the Offering from the TSX Venture Exchange. 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," "indicates," "opportunity," "possible" 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, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, among others; the timing for various drilling plans; the ability to raise sufficient capital to fund its obligations under its property agreements going forward and conduct drilling and exploration; to maintain its mineral tenures and concessions in good standing; to explore and develop its projects; changes in economic conditions or financial markets; the inherent hazards associates with mineral exploration and mining operations; future prices of nickel and other metals; changes in general economic conditions; accuracy of mineral resource and reserve estimates; the potential for new discoveries; the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if accepted, to obtain such licenses and approvals in a timely fashion relative to the Company's plans and business objectives for the applicable project; the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with environmental laws and regulations, dependence on key management personnel and general competition in the mining industry.

SOURCE Power Metallic Mines Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2026/05/c5687.html

Daura Gold: Unlocking High-Grade Gold Potential in Peru and Argentina

Mark Sumner, CEO of Daura Gold Corp (TSXV: DGC), joins the Making Money Matter channel to discuss advancing a portfolio of high-potential gold and silver projects in two of South America's most prolific mining jurisdictions. Mark also breaks down recent drilling results, upcoming catalysts, and why investors should be paying close attention as exploration programs continue to generate momentum. Check out the full discussion below.

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Lion Rock Resources (TSX-V: ROAR)(OTC: LRRIF) Executive Chairman Nav Dhaliwal on Advancing a Critical Metals & Gold System on Private Land in America

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The AI Trade is Moving from Silicon to Steel

Goldman (NYSE: GS) is finally admitting what I've been saying for months: the next big leg of the AI trade won’t be about screens and servers…

It'll be about bodies.

According to them, “this is an early‑cycle opportunity to position ahead of a multi‑year capital rotation into the robotics ecosystem.” That’s polite Wall Street code for: the money is about to move from pure chips into humanoid robots and everything that makes them work.

The first phase of the AI boom was abstract. You couldn’t see it doing anything in the real world. It was about models, tokens, data centers, and massive GPU clusters humming away in windowless buildings. It was a great trade but ultimately, it all lived on screens.

Goldman’s call is essentially this: the next phase is physical. The intelligence we’ve trained in the cloud is going to spill out into humanoid robots, warehouse bots, factory cobots, autonomous vehicles, and service machines that live in the same messy environments you do. Think:

Humanoid workers loading pallets and sorting packages
Mobile robots roaming hospitals, hotels, and big‑box stores
Robotic arms in small and mid‑size factories that never could justify heavy automation before

That means capital will start rotating from “just sell the shovels for the gold rush” (chips alone) to “own the mines, the railroads, and the heavy machinery” (the full robotics stack).

What “multi‑year capital rotation” actually means

When a bank like Goldman talks about a “multi‑year capital rotation,” they’re not talking about a quick trade. They’re talking about a slow, steady shift in how trillions of dollars get allocated:

Benchmark indices and sector funds start increasing their robotics exposure
Corporate capex budgets tilt away from incremental human hiring and toward automation
Sovereign wealth funds and pensions look for “AI + labor replacement” themes instead of just “AI + cloud”

In practice, that tends to look boring on the surface (index rebalances, sector overweight notes, “thematic baskets”) but it shows up very non‑boringly in the charts of the right names. You get years where the robotics ecosystem steadily outperforms while the crowd is still arguing about whether the trend is real.

Early‑cycle is where the asymmetry lives. The narrative is just starting to crystallize. The flows haven’t fully moved yet. But the underlying industrial and technological shift has already begun.

How to actually trade it (big picture)

Goldman will give you a neat, sanitized basket and a few obvious tickers. That’s fine as far as it goes. But if you want to squeeze real edge out of this theme, you need to think in layers:

Brains – The chips, compute, and software that let robots see, plan, and act. This is where the current AI winners live, and they won’t disappear. But the winners may shift toward those best positioned for on‑device and edge inference, not just giant cloud training runs.
Bodies – The robot OEMs: humanoids, warehouse bots, agricultural robots, logistics machines. These are the names that will see revenues explode as pilot projects turn into full fleet deployments.
Nervous systems – Sensors, cameras, lidar, force feedback, power electronics, batteries, actuators. The less glamorous companies that quietly take a cut of every robot sold because without them, nothing moves.
Infrastructure – Simulation platforms, digital twins, robot‑as‑a‑service providers, deployment and maintenance networks. The software and service layer that will “rent out” robotic labor the way cloud providers rent out compute today.

The mistake most investors make is to grab a headline humanoid name and stop there. The smarter move is to build exposure across the stack, with a bias toward the bottlenecks and tollbooths, those spots where every additional robot on the planet means more money rolling through the same small group of companies.

Where Digital Dispatch comes in

This is exactly the kind of shift Digital Dispatch was built for.

Long before Goldman started talking about a “multi‑year rotation,” we were following the breadcrumbs: cost‑crossover math showing robots undercutting human labor, early humanoid pilots in factories and warehouses, capex plans quietly shifting from headcount to automation, and live demos of robots working multiple days straight without breaks or supervision.

Our job at Digital Dispatch is to:

Separate demo theater from real, scalable deployment
Identify which players in each layer of the stack are likely to become de facto standards
Spot mispricings where the narrative hasn’t caught up to the order book or the strategic position

Goldman just handed you the macro headline: the AI trade is growing arms and legs. The question now is whether you let their call wash over you as another note in a noisy feed, or whether you use it as a signal to start building positions before that “multi‑year rotation” fully shows up in the indices.

Digital Dispatch is where I’m mapping that opportunity in detail: who stands to gain, who’s mostly hype, and how to build exposure that survives the inevitable volatility while this theme goes from early‑cycle to consensus.

Goldman’s big call says the robots are coming.

Click here to make sure you’re not just watching them roll out but getting paid every time they clock in.

Keep coming back,

Legendary Resource Investor Jeff Phillips on Where the Biggest Junior Resource Opportunities May Be Hiding

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Gerardo Del Real: This is Gerardo Del Real with Resource Stock Digest. Joining me today is one of the most successful contrarian resource investors and speculators on the planet, a friend and mentor, Mr. Jeff Phillips. Jeff, great to have you on. How are you?

Jeff Phillips: I'm doing great, Gerardo. How are you doing today?

Gerardo Del Real: I am well. Thank you for making time. As always, always great to chat. Listen, let's get right into it. It's the month of June and, as usually happens in the summertime, right, we get a little bit of a lull in the market, especially in the junior resource space.

I wanted to have you on because you and I follow, obviously, the sector very closely, but several companies specifically are doing a lot of really good exploration work that I don't think the market is properly allocating credit to.

So I thought I'd have you on. I want to start with your take on the overall junior resource space here as we get into the summer.

Jeff Phillips: Yes, basically, Gerardo, we had a pretty good run there. It really started after Beaver Creek last year in September and ran through PDAC. The market got frothy, I guess you would say. Everything anybody did, stocks were going up, people were raising money.

And then after PDAC, we've sort of had that — they call it the PDAC curse. I don't know if it's a curse. It's just the market gets a little more lax and less excitable, and people worry about whether the bull market's over.

And what's healthy is that you want to see a lull like this, and it gives you an opportunity to be a contrarian. People aren't jumping up and down about drill results and what companies are doing, per se. Some companies are getting recognition for that, but it creates opportunity if you're looking at the right results and you're patient and you don't believe this bull market's over, which I personally don't.

I think it's just getting going, although there will be speed bumps. So you want to be looking for companies with active exploration and drilling. They may not be getting those efforts reflected right now, but typically in the fall or late summer, everybody comes back and starts speculating, and a lot of these results that have already come out will start to get revalued better, and you'll have more results out of these companies.

Gerardo Del Real: I couldn't agree more. I actually wrote an editorial here earlier today, and I was talking about how boring presents the opportunity.

And I recall back in 2022, Perpetua Resources, which was formerly Midas Gold, was trading around like the C$2.50 level. And you and I had both visited the project. Nick Hodge, my business partner, had visited the project along with us, and we couldn't believe that it was trading with a C$2.50 handle.

And you fast-forward several years later, and here in 2026, it touched the C$50 handle. And not because the deposit got better, not because they found more gold. It was all about permitting and development at the time, but because people started paying attention and assigning proper value.

Now, obviously, that's a more advanced company now. It has secured a loan to fully fund and finance the buildout of their project, but that's the kind of opportunity that we're in the space for.

When you look out there, what are you seeing company-specific-wise, if you don't mind sharing a couple of those, that has the potential to get rerated in a better market?

Jeff Phillips: Gerardo, first off, just so everyone's aware, I consult for these companies. I'm a large shareholder of the companies I mention, especially the ones that have had recent drill results and a couple of companies that have upcoming drill results.

So I'm not giving financial advice, and no way should anybody use these as recommendations. They're just what I'm looking at and what I'm doing with my own personal portfolio.

So there'd be three good examples of recent drill results that materially advance the projects. In one of those cases, they were recognized for that, and two of those I don't believe have been.

So the three companies we'll talk about initially are: Gladiator Metals (TSX-V: GLAD)(OTC: GDTRF), GreenLight Metals (TSX-V: GRL)(OTC: GRLMF), and Daura Gold (TSX-V: DGC)(OTC: DGCOF).

Gladiator Metals (TSX-V: GLAD)(OTC: GDTRF) is one we've talked about before. I talked about it late last year in multiple interviews, not just with you. They have the Cowley discovery, which doesn't have a resource on it, but that is up in the Whitehorse District in the Yukon.

Last year, they drilled five holes in a new target called Cub East, and all five of those holes hit. However, they didn't have their Class 2 or 3 permit that they were working on to drill a lot more holes.

You had to be patient from last fall, and the stock had done alright and moved up to, I don't know, I'm going to say C$1.10 on the drill results, about a C$100 million market cap. But as an early investor in Arizona Sonoran Copper that just got bought by Hudbay, I see some similarities to what they're developing there and where they're at.

And Arizona Sonoran didn't go straight up. But I kept saying that when Gladiator got their drill permit, they were going to go to this Cub East target. Not to mention, they have four other targets that haven't been drilled.

They're going to continue to drill the flagship project and put a resource on that. But this thing could grow to be quite substantial to a major copper company. And lo and behold, they came out with drill results. I think, if I remember correctly, it was about 24 meters of 3% copper and a gram per tonne gold at 190-meters depth.

Every hole hit in the new program at Cub East, and they're continuing to drill there. And they're also drilling their Cowley project, which to me looks like, when they put a resource on it, it has the possibility of having 20 to 30 million tonnes.

However, Gladiator, after being boring and sitting around C$1.10, delivered these drill results and their stock's moved up to the low C$2 level now. So it's a C$200 million market cap company. We've got some recognition, but it took a while for people to realize, hey, this is a new discovery on top of what they already have.

That's a company that's been recognized. I personally believe they're going to continue. They're fully funded, they have a massive drill program running, and I think we'll see more drill results that are excellent. I think that's going to get rerated again. However, we'll have to wait for drill results.

Would you like me to go into the other two companies, Gerardo?

Gerardo Del Real: Absolutely. Gladiator obviously has done very, very well. Massive scale there, great grade, and they've executed beautifully.

Jeff Phillips: Yes, and just so you know, I own quite a few shares and I haven't sold any shares because I actually believe that's going to be possibly my next Arizona Sonoran.

And also, there are a couple of other analogies that have been bought out in the last couple of years at some very high market caps, and I think Gladiator has got the money to continue proving that district.

So the next company would be a company that I think came out with drill results yesterday. It's not the first — it's GreenLight Metals (TSX-V: GRL)(OTC: GRLMF).

They're drilling the Bend copper-gold VMS project in Wisconsin, which is just an interesting story in itself. The state's open for business. And with security of supply, I like US jurisdictions. I like critical metals, copper being one. They also have several other minerals in that copper VMS that are critical to the US and have been identified that way.

But I think they announced yesterday, I think it was just over 26 or 27 meters of 1% copper and 0.9 grams per tonne gold. So about a 2% copper equivalent interval. Including, I believe, about 15 meters of 1.66% copper and 1.39 grams per tonne gold. It was a pretty decent step-out from the holes they drilled last year.

They continue to expand that deposit here in Wisconsin, a copper deposit with credits. They also had another hole that was 21 meters of 2.5%, thereabouts, copper equivalent. So every Phase 2 drill hole has intercepted significant VMS mineralization. That's what I want to see as a shareholder.

That stock came out with that yesterday. Again, in this market, there are people looking to sell, and it's trading about where it was. They're going to have more drill results, but it's a much bigger drill program. I think that thing's growing, and I think, as a contrarian — again, I own a lot of shares and I'm not selling any. I've actually bought some recently — that stock has a good chance to get rerated.

Again, these are all high risk, and if you're not a junior resource investor, you should really seek third-party financial advice if it's right for you. I'm not giving financial advice. I'm talking to people who actually understand the junior resource market.

Does that make sense, Gerardo?

Gerardo Del Real: Absolutely. And I think the timing couldn't be better for copper opportunities in America, in the US, and safe jurisdictions, given where copper is with recent highs, where copper seems to be headed, and the geopolitical turbulence, obviously, that doesn't seem to be getting any better.

You mentioned you might have two or three. You've talked about two. Do you have another one there?

Jeff Phillips: Yes, an example there is Gladiator's getting more advanced with a C$200 million market cap. But again, I analyze the companies to see, do I think they can double their market cap with what they're doing?

Gladiator's a bigger company with what's going to be a resource here by the end of the year at Cowley. But then we talked about GreenLight, which, again, that's not just a new discovery. They've actually drilled holes in that before. It was an old Rio Tinto project before Wisconsin changed their mining laws. So it's a little bit more advanced. We know there's a VMS there. We're just figuring out how big it is. And I like to see that every hole they drill shows me that it's getting bigger.

Another company that would be an earlier-stage company that had drill results would be Daura Gold (TSX-V: DGC)(OTC: DGCOF). Daura just completed a drill program down in Argentina at the Cerro Bayo project. It was a Phase 1 program.

Bear in mind, this is a 28,000-hectare land package. That's a big land package right in the middle of a very well-known silver-gold epithermal district, with multiple mines in that area of Argentina. It's a big land package. They did their first-pass-ever drill program on that package on just a few of the targets. Eighteen hundred meters — I mean, that's not that much drilling.

The drill results came back. In two of those targets, they had something like 16.35 meters of 1.72 grams per tonne gold equivalent, including almost four meters of 6.3 grams per tonne gold equivalent. They had another hole that was 15 meters of 1.9 grams per tonne gold equivalent, including 3.6 meters at 6 grams per tonne gold equivalent.

And if you really want to note something in the drill results, what I took note of is that there was an intercept in one of the holes that was 739 grams per tonne silver over 1.8 meters.

This is a first-pass program. Again, the stock has actually sold down a little bit, mainly because people were expecting some massive discovery. Well, they didn't, in my opinion. They've made a discovery. They proved this is a fertile epithermal system with only 1,800 meters.

So I think Daura Gold — and that's not even their flagship project. It's their projects in Peru. But that's a very exciting project, joint ventured from Latin Metals (TSX-V: LMS)(OTC: LMSQF), a prospect generator.

There's definitely going to be more drilling there. And that's very early stage, but Daura Gold, if you're patient and you do your due diligence, I think is an excellent speculation.

So all three of those companies have delivered great drill results. And I have several others. I'm looking forward to seeing their drill results, and I'm very excited about what's coming out soon.

Gerardo Del Real: You've definitely seen markets, Jeff, where there isn't quality exploration work happening, where budgets are being allocated and spent on all sorts of things that don't really add value. I see the opposite happening right now.

You mentioned those three companies all doing excellent work, but I think throughout the sector we've seen companies really get back to quality exploration work. And I'm really, really looking forward to the second half of this year because I think we're in for a pretty significant rerating.

Anything to add to that, or final thoughts before I let you go, Jeff?

Jeff Phillips: Yes, I'll give you one more. If people are watching drill results, again, wrapping that up, all three of those companies reported results that advanced their projects materially, in my opinion.

Gladiator demonstrated discovery, growth, and scale. GreenLight demonstrated continuity and expansion. And Daura validated a large new epithermal system. So you have two copper plays in the beginning with Gladiator and GreenLight, and then Daura, which is a precious metals, brand-new thing. All three of those did that.

Another company that I'm really excited about, I think we'll see drill results probably before Rick Rule's conference — Rule Symposium on Natural Resource Investing July 6–10 in Boca Raton, Florida — which is coming up right around the corner.

And if you haven't registered, they're full, but you can do the online version. It's a great conference.

Kincora Copper (TSX-V: KCC) will be there. I know you're going to be at Rick's conference, Gerardo. And Kincora's got two drill programs running. And again, I'm patient. One's being run by Anglo. They've spent almost C$20 million, I think, on drilling over the last year and a half. They continue to drill, looking for these massive copper-gold porphyries that Australia is famous for in that district. So that's ongoing.

Kincora is also drilling its 100%-owned Cobar gold project. And I suspect we'll see results before Rick's conference. I think they'll time that. And I think with that technical team and the fact that they're fully cashed up, there's no financing coming in Kincora. You're either a shareholder or you're not. I'm pretty excited with a C$40 million market cap.

So that's another copper company. So there's three copper companies for you and one gold-silver. But your listeners should do their due diligence on those companies. I think they all offer excellent speculation.

Gerardo Del Real: No, I couldn't agree more. Jeff, it's always a pleasure. Looking forward to seeing you at Rick's conference. And again, just really excited about the second half of this year. Thank you so much for your time.

Jeff Phillips: Can't wait to see you at Rick's conference, Gerardo, and I think it's going to be a great second half of this year.

Gerardo Del Real: Agreed. Thank you. I appreciate it.

Jeff Phillips: Thank you, Gerardo.

Q2 Metals Files Technical Report for the Mineral Resource Estimate for the Cisco Lithium Project

VANCOUVER, British Columbia, June 04, 2026 (GLOBE NEWSWIRE) -- Q2 Metals Corp. (TSX.V: QTWO | OTCQB: QUEXF | FSE: 458) (“Q2” or the “Company”) is pleased to announce that, in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects, the technical report titled "Mineral Resource Estimate for the Cisco Lithium Project", with an effective date of April 20, 2026 and signed June 3, 2026, (the "Technical Report") has been filed on SEDAR+.

The Technical Report is available on the Company's website at www.q2metals.com as well as on SEDAR+ (www.sedarplus.ca) under the Company's Issuer profile.

Upcoming Events

The Company will be attending the following events:

121 Mining Investment	New York, New York	June 15 – June 16, 2026
Secretariat to the Cree Nation Abitibi-Témiscamingue Economic Alliance 2026 Annual Conference	Val D’Or, Quebec	June 16 – June 17, 2026
Fastmarkets Global Lithium, Battery and Critical Materials 2026	Las Vegas, Nevada	June 22 – June 25, 2026

ABOUT Q2 METALS CORP.

Q2 Metals is a Canadian mineral exploration company focused on advancing the Cisco Lithium Project which is located within the greater Nemaska traditional territory of the Eeyou Istchee, James Bay region of Quebec, Canada. The Cisco Deposit is strategically situated just 6.5 km from the Billy Diamond Highway, providing access to rail infrastructure in the Town of Matagami, ~150 km to the south, with connections to deep seaports beyond.

The current Inferred Mineral Resource Estimate on the Cisco Deposit outlines a pit-constrained resource of 270 Mt grading 1.36% Li₂O at a 0.4% Li₂O cut-off grade and an additional underground-constrained resource of 24 Mt grading 1.34% Li₂O Inferred at a 0.7% Li₂O cut-off grade. Together, these support a combined inferred mineral resource of 295 Mt grading 1.36% Li₂O. The Cisco Deposit remains open along strike, with several additional high-priority targets identified across the broader 41,253 ha project area.

The 2026 exploration program is ongoing, with a primary focus on infill drilling aimed at advancing the resource toward an indicated classification. The program also includes targeted expansion drilling and regional exploration designed to evaluate high priority targets surrounding the Cisco Deposit and across the broader project area.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Alicia Milne	Jason McBride	Chris Ackerman
President & CEO	Investor Relations Manager	Corporate Development
Alicia@Q2metals.com	Jason@Q2metals.com	Chris@Q2metals.com

Telephone: 1 (800) 482-7560

E-mail: info@Q2metals.com
www.Q2Metals.com

Social Media:
Follow the Company: Twitter, LinkedIn, Facebook, and Instagram

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company’s properties and the future exploration endeavors of the Company. 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 or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward looking statements in this news release include, but are not limited to, drilling results on the Cisco Project and inferences made therefrom, the conceptual nature of an exploration target on the Cisco Project, the potential scale of the Cisco Project, the focus of the Company’s current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company's expectations in connection with the projects and exploration programs being met, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, reallocation of proposed use of funds, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s Management Discussion and Analysis for its recently completed fiscal period, which is available under Company’s SEDAR profile at www.sedarplus.com.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

Valkea Resources Announces $8 Million Life Offering

Vancouver, British Columbia--(Newsfile Corp. - June 4, 2026) - Valkea Resources Corp. (TSXV: OZ) (the "Company" or "Valkea") is pleased to announce that it has entered into an agreement with Beacon Securities Limited ("Beacon") to act as lead agent and sole bookrunner, on behalf of a syndicate of agents to be formed (together with Beacon, the "Agents"), in connection with a "best efforts" private placement of up to 20,000,000 common shares in the capital of the Company (each, a "Common Share") at a price of $0.40 per Common Share (the "Issue Price") for aggregate gross proceeds to the Company of up to $8,000,000 (the "Offering"). The Common Shares will be issued pursuant to the Listed Issuer Financing Exemption (as defined herein).

In addition, the Company has granted the Agents an option (the "Agents' Option") exercisable, in whole or in part, at any time up to 48 hours prior to the Closing Date (as defined herein) to sell up to an additional 5,000,000 Common Shares at the Issue Price for additional gross proceeds of up to $2,000,000.

The Company intends to use the net proceeds from the Offering for exploration and development at the Company's properties in the Central Lapland Greenstone Belt of Northern Finland, and for working capital and general corporate purposes.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), the Common Shares issuable under the Offering will be offered for sale to purchasers resident in each of the provinces of Canada, and/or other qualifying jurisdictions, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (collectively, the "Listed Issuer Financing Exemption").

There is an offering document dated June 4, 2026 related to the Offering that can be accessed under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at https://valkea.ca/. Prospective investors should read this offering document before making an investment decision.

The Company has agreed to pay to the Agents a cash fee of 6.0% (reduced to 3.0% on certain orders) of the gross proceeds of the Offering, and to issue to the Agents compensation options entitling the Agents to purchase a number of Common Shares equal to 6.0% (reduced to 3.0% on certain orders) of the Common Shares issued in connection with the Offering, at a price of $0.60, for a term of 12 months from the closing of the Offering.

The Offering is expected to close on or about June 16, 2026 (the "Closing Date"), and is subject to the Company receiving all necessary regulatory approvals, including the conditional acceptance of the TSX Venture Exchange (the "TSXV"). As the Offering is being completed pursuant to the Listed Issuer Financing Exemption, the Common Shares issued pursuant to the Offering will not be subject to a hold period under applicable Canadian securities laws.

The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state securities laws, and may not be offered or sold in the "United States" (as such term is defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable U.S. state securities laws or an exemption from such registration is available. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Valkea Resources

Valkea Resources is a mineral exploration company focused on a portfolio of properties in the Central Lapland Greenstone Belt of Northern Finland. It is developing a proprietary regional geological model and will employ a proven exploration methodology to systematically generate and progress gold and base metals targets with potential to become high quality mines of the future.

Contact Information

For more information, please contact:

Thomas Credland, President, Chief Executive Oﬃcer and Director

Tel: +44 7775 501 431 | Email: tcredland@valkea.ca

Neither the 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 Statements

This news release contains forward-looking statements or forward-looking information relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements in this news release include but are not limited; statements about the Offering (including the completion of the Offering on the terms and timeline as announced or at all, and the use of proceeds of the Offering), and statements as to management's expectations and intentions.

Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Management believes that the assumptions and expectations reﬂected in such forward-looking statements are reasonable. Assumptions have been made regarding, among other things: the Company's ability to carry on exploration and development activities; the timely receipt of required approvals; the price of metals; and the Company's ability to obtain ﬁnancing as and when required and on reasonable terms. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially diﬀerent from those expressed or implied by such forward-looking statements. Such risks, uncertainties and other factors include but are not limited to: the Company's early stage of development; the ﬂuctuation of the price of metals; the availability of additional funding as and when required; the speculative nature of mineral exploration and development; the timing and ability to maintain and, where necessary, obtain necessary permits and licenses; the uncertainty in geologic, hydrological, metallurgical and geotechnical studies and opinions; infrastructure risks, including access to water and power; environmental risks and hazards; risks associated with negative operating cash ﬂow; and risks associated with dilution. For a further discussion of risks relevant to the Company, see the Company's other public disclosure documents.

Although management has attempted to identify important factors that could cause actual results to diﬀer materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There is 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 forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except as, and to the extent required by, applicable securities laws.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300266

Algo Grande Appoints Monica Ospina as ESG Advisor and Advances Digbee ESG Disclosure Submission

VANCOUVER, BC / ACCESS Newswire / June 4, 2026 / Algo Grande Copper Corp. ("Algo Grande" or the "Company") (TSXV:ALGR)(OTC PINK:ALGRF)(FRA:KM00) announces the appointment of Monica Ospina as ESG Advisor to the Company, further strengthening Algo Grande's commitment to responsible resource development, stakeholder engagement and long-term sustainability initiatives.

Ms. Ospina brings extensive experience in ESG strategy, external affairs, governance, government and Indigenous relations and critical minerals development across the Americas. Throughout her career, she has worked at the intersection of responsible mining, socio-economic inclusion and community engagement, helping integrate ESG considerations into resource projects from the earliest stages of development.

Her work has been recognized across the industry through her role as founder of O Trade, a socio-economic consultancy firm; her position as Social Performance Advisor for the Americas at Rio Tinto; her contribution to the IFC/World Bank Early Stakeholder Engagement Guideline for mineral projects; and her recognition in the WIM100 2022, which highlights leading women shaping the global mining industry.

In conjunction with Ms. Ospina's appointment, Algo Grande is also pleased to announce that the Company is in the final stages of completing its inaugural ESG disclosure submission through the Digbee ESG Platform, a mining-focused ESG disclosure and assessment framework utilized by mining companies, investors and industry stakeholders globally.

Digbee ESG is a mining-specific ESG disclosure and ratings platform designed to help mining companies measure, manage and communicate ESG performance using standardized frameworks aligned with major global ESG standards and investor expectations. The platform is widely used within the mining industry to improve transparency, strengthen ESG governance and support responsible project development. Digbee's framework is specifically designed for mining companies and incorporates independent expert assessment methodologies intended to support comparability and credibility across the sector.

Enrico Gay, CEO of Algo Grande Copper, commented: "Creating positive outcomes for communities, protecting the environment and building long-term relationships are core priorities for Algo Grande as we advance the Adelita Project. We are grateful for the positive relationships already established with the communities surrounding the Adelita Project, but our ambition is to go beyond the minimum requirements typically associated with exploration and land use agreements. We believe the mining industry has a unique opportunity to create lasting benefits for the people and communities closest to these projects, and our goal is to build a true win-win model for everyone involved. I am confident Monica's experience will help strengthen this vision as Algo Grande continues building a modern copper exploration company focused on responsible growth and long-term value creation."

Ms. Ospina commented: "The mining industry plays a critical role in the global energy transition and the development of resilient critical mineral supply chains. What drew me to Algo Grande is the Company's commitment to embedding responsible mining principles from the earliest stages of project development, sending a strong signal to stakeholders and communities that ESG performance will be proactively managed and that progress toward operational readiness will be grounded in trust and long-term value creation. I look forward to supporting the development of the Adelita Project."

Investor Relations and Consulting Agreements

Algo Grande is additionally pleased to announce amendments to the following investor relations and consulting agreements.

Fairfax Partners

On December 18, 2025, the Company issued a news release announcing, among others, a services agreement (the "Fairfax Agreement") with Fairfax Partners ("Fairfax"), a British Columbia based company. The Fairfax Agreement has an initial term of 6 months, following the initial term the Fairfax Agreement shall continue on a month-to-month basis, unless terminated by either party. Pursuant to the Fairfax Agreement, among other consideration, Algo Grande shall pay Fairfax a monthly fee of $5,000, to be paid on the first day of each month.

On March 12, 2026, the Company and Fairfax entered into an amendment to the Fairfax Agreement (the "Fairfax Amendment"). Pursuant to the Fairfax Amendment, the parties agreed to increase the monthly fee from $5,000 to approximately $8,500 per month. All other material terms and conditions of the Fairfax Agreement remain unchanged and in full force and effect. The Fairfax Agreement, as amended by the Fairfax Amendment, remains subject to approval from the TSX Venture Exchange ("TSXV").

Fairfax and Algo Grande are not related parties and operate at arm's length. Neither Fairfax nor its principals have any interest in Algo Grande's securities, directly or indirectly, or any right or intent to acquire such an interest.

Rayleigh Capital Ltd.

On March 19, 2026, the Company announced an investor relations and corporate communications agreement (the "Rayleigh Agreement") with Rayleigh Capital Ltd. ("Rayleigh"). Pursuant to the Rayleigh Agreement, among other consideration, the Company was required to grant 200,000 stock options (the "Options") to Rayleigh, subject to the Company's equity incentive plan and all necessary regulatory approvals, including approval of the TSXV.

Algo Grande would like to clarify the Options granted pursuant to the Rayleigh Agreement were part of the option grants announced on April 16, 2026. The Options are exercise for one common share at an exercise price of $0.65 for a period of three years from the date of grant. 50% of the Options will vest six months after grant, and the remaining 50% will vest six months thereafter.

For additional details on the Rayleigh Agreement, please refer to Algo Grande's news release dated March 19, 2026.

Insight Capital Partners

The Company entered into a Capital Markets Consulting Agreement (the "Insight Agreement") effective as of March 5, 2026, with Insight Capital Partners Inc. ("Insight"), located in Toronto, Ontario, Canada. Pursuant to the Insight Agreement, Insight will provide certain services to the Company including research and marketing information on trading activity and advising the Company on market related initiatives. The Insight Agreement has a term ending 24 months from the effective date. Either party may terminate the Insight Agreement with 30 days' written notice, on and after the date that is four months after the effective date. In consideration for their services, Algo Grande will pay Insight a monthly fee of $3,500 plus HST, payable out of the Company's existing cash on hand. The Insight Agreement is subject to approval by the TSXV

Insight and the Company are not related parties and operate at arm's length. Insight is a closely controlled Canadian corporation. Neither Insight nor its principals have any interest in the Company's securities, directly or indirectly, or any right or intent to acquire such an interest.

Resource Stock Digest

The Company entered into an Awareness Campaign Service Agreement (the "RSD Awareness Agreement"), effective as of June 1^st, 2026, with Resource Stock Digest ("RSD"), under the terms of which RSD will conduct interviews and generate reports on the Company and will distribute to the RSD existing database. The RSD Awareness Agreement has a term of 2 months. In consideration for the services, the Company will pay a fee of US $50,000. The RSD Awareness Agreement is subject to approval by the TSXV.

The Company also entered into a Featured Company Sponsorship Service Agreement (the "RSD Sponsorship Agreement"), effective as of June 1^st, 2026, with RSD, under the terms of which RSD will dedicate a Company page on the RSD website, where they will post recurring management interviews and press releases to the RSD website. The RSD Sponsorship Agreement has a term of 12 months. In consideration for the services, the Company will pay a one time fee of US $8,500, plus US$2,450 per month. The RSD Sponsorship Agreement is subject to approval by the TSXV.

RSD and the Company are not related parties and operate at arm's length RSD is owned and operated by Nicholas Hodge and Gerardo De Real and headquartered in Round Rock, Texas, USA. Neither RSD nor its principals have any interest in the Company's securities, directly or indirectly, or any right or intent to acquire such an interest.

About Algo Grande Copper Corp.

Algo Grande Copper Corp. is a growth-focused mineral exploration company advancing the Adelita Project, a district-scale, multi-system copper-silver-gold opportunity positioned in the prolific Arizona-Sonora copper belt.

Algo Grande is dedicated to unlocking the full mineral potential of this under-explored corridor through disciplined data-driven exploration, technical excellence, and a firm commitment to value creation for shareholders. The 5,895-hectare Adelita Project is anchored by the high-grade Cerro Grande Cu-Ag-Au skarn discovery, which exhibits strong continuity along a defined corridor extending over 6 kilometers. Reprocessing of legacy geophysical data and field mapping indicate the presence of a potential porphyry system at depth, suggesting a classic skarn-porphyry mineralization model similar to major deposits found throughout northwestern Mexico.

ON BEHALF OF ALGO GRANDE COPPER CORP.

Enrico Gay
Chief Executive Officer

For more information, please contact:
E-mail: info@algo-grande.com
Website: www.algo-grande.com

NEITHER THE 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.

Cautionary Statement on Forward-Looking Information

This news release contains statements and information that, to the extent that they are not historical fact, constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Algo Grande to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, but not limited to, statements relating to the Company's exploration plans including the planned Phase II drilling program, results of surveys and the geochemical sampling program, approval of certain agreements listed in this news release by the TSXV and those listed in filings made by Algo Grande with the Canadian securities regulatory authorities (which may be viewed at www.sedarplus.ca). Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for Algo Grande's management to predict all of such factors and to assess in advance the impact of each such factor on Algo Grande's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward- looking statements. Algo Grande does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws.

SOURCE: Algo Grande Copper Corp.

View the original press release on ACCESS Newswire

VTen Provides Update at the Tanami Property, NT, Australia

Vancouver, British Columbia--(Newsfile Corp. - June 4, 2026) - V Ten Metals Corp. (TSXV: VTEN) ("VTen" or the "Company") is pleased to provide the following update on the Company's Tanami Property (the "Property"), part of which is under an exploration farmin and joint venture agreement with a wholly owned subsidiary of Newmont Corporation ("Newmont"), located in the Tanami District of the Northern Territory, Australia. The Property consists of four semi-contiguous granted exploration licences ("ELs") EL 23848, EL 31402, EL 23874 and EL 23875, covering 1,237 sq km located in the Tanami Desert approximately 450km directly northwest of Alice Springs, Northern Territory, Australia.

The Company has been advised that a surface geochemical survey utilizing Newmont's proprietary Deep Sensing Geochemistry (DSG) was undertaken and has identified several Au anomalies that may require further interpretation and assessment. This work is currently scheduled for future reporting periods. The DSG technique is proprietary, and the data and methodology is commercial in confidence.

A HVSR passive seismic survey was carried out coincidently with the surface geochemical survey during Q3 2025. The HVSR passive seismic data was collected using a Tromino seismometer by field technicians.

Blair Way, CEO, President and Director comments: "We are pleased with the progress to date on the Tanami project. Surface Geochem and passive seismic survey works have been conducted on the property. We look forward to sharing more information as exploration activities progress."

Investors Relation / Marketing Agreement

The Company is pleased to announce that the Company has entered into a service agreement (the "Agreement") with Resource Stock Digest ("RSD") of Round Rock, Texas. Under the terms of the Agreement, among other things, RSD has agreed to provide certain investor relations services to the Company in accordance with Policy 3.4 - Investor Relations, Promotional and Market-Making Activities of the TSX Venture Exchange (the "TSXV").

RSD has been engaged for a 12 month advertising and marketing program with an initiation fee of US $8,500 and monthly fee of $2,450 payable from the Company's working capital. RSD conducts interviews with the Company and produces its own content that is distributed to RSD's subscriber base via email and posts to RSD's website.

Resource Stock Digest contact details are as follows: Attention: Gerardo Del Real, 2051 Gattis School Rd, Ste. 540 PMB 176, Round Rock, TX 78664, USA;

Email: editor@resourcestockdigest.com; Phone: (844) 334-4700.

RSD is owned and operated by Nicholas Hodge and Gerardo Del Real and is based in Texas, USA. The Company and RSD act at arm's length, and RSD has no present interest, directly or indirectly, in the Company or its securities, or any right or present intent to acquire such an interest, except that Nicholas Hodge owns or controls 480,000 common shares of the Company ("Shares") and 180,000 Share purchase warrants; and Gerardo Del Real owns or controls 500,000 Shares and 200,000 Share purchase warrants. Notwithstanding their shareholdings, RSD and Messrs. Del Real and Hodge are considered arm's-length to the Company and have no relationship with the Company outside of this Agreement.

Qualified Person

Blair Way, B.Sc., P. Geo., CEO and President for the Company and Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.

About V Ten Metals Corp.

VTen is a Canadian mining exploration company listed on the TSX Venture Exchange owns the Ni-Cu-PGE-Au Tanami Project, 1,235 km² strategically located adjacent to Newmont's Granites Mine located in Northern Territory, Australia. The Company has a farm-in JV in place exploring for potential gold targets. VTen is led by a highly qualified team with a track record of successful exploration worldwide.

FOR FURTHER INFORMATION, PLEASE CONTACT:

David Blair Way, CEO, President and Director

Telephone: +1 (800) 482-7560 (Main); +1 (800) 482-7560 (Other - Toll Free)
E-mail: info@vtenmetals.com

Cautionary Notes

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and United States legislation. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regarding the Agreement, the anticipated benefits of the Agreement, and any other matters in connection with the aforementioned items. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include, but are not limited to, the risk that the Company may not be able to execute and raise funds necessary to complete its planned future activities and proposed business plans.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300053

Gladiator Intersects 22m @ 4.24% Cu + 2.16 g/t Au within 36m @ 2.68% Cu + 1.35 g/t Au Expanding High Grade Mineralisation at Cub East Discovery

Vancouver, British Columbia--(Newsfile Corp. - June 4, 2026) - Gladiator Metals Corp. (TSXV: GLAD) (OTCQB: GDTRF) (FSE: ZX7) ("Gladiator" or the "Company") is excited to announce the latest assay results from Cub East, confirming exceptional high-grade copper, gold, and silver mineralization across multiple drill holes. Step-out drilling has successfully extended high-grade strike continuity to over 80 metres, solidifying Cub East as a major discovery within the Bear Cub trend.

HIGHLIGHTS:

1. Continued high-grade strike continuity confirmed over greater than 80 metres, with 40 metre step-out drilling to the north of the previous sections, returning.

35.9m @ 2.68% Cu, 1.35g/t Au & 19.55g/t Ag from 172.1m

Incl. 21.9m @ 4.24% Cu, 2.16g/t Au & 31.04g/t Ag.
23.43m @ 1.36% Cu, 0.59g/t Au & 10.37g/t Ag from 159.95m

Incl. 19.05m @ 1.49% Cu, 0.59g/t Au & 10.74g/t Ag.
30m @ 1.32% Cu, 0.50g/t Au & 15.93g/t Ag from 223m

Incl. 15.17m @ 2.32% Cu, 0.86g/t Au & 29.69g/t Ag.

2. Results continue to enhance the scale and grade potential of the system, which remains open in all directions.

Gladiator CEO Jason Bontempo commented:

"These results continue the exciting development of Cub East. Management believes that with continuing success, Gladiator is positioned for significant growth, making it an excellent opportunity for investors looking to capitalize on a rapidly emerging discovery. Drilling at Cub East is actively targeting large-scale coincident gravity and Induced Polarization (IP) anomalies that stretch for at least 900 metres, demonstrating the impressive scale and potential of this prospect.

Drilling continues to intersect substantial copper, gold, and silver mineralization, confirming robust continuity over the known drill extent of 300-metre of strike-and crucially, the system remains open in all directions. This consistent success in drilling not only points to a strong volume and high-grade potential but also highlights the largely untapped greater Bear Cub trend, which spans over 1.5 kilometres.

As additional assay results are anticipated from both Cowley and Cub East, Gladiator is poised for a period filled with significant developments throughout the remainder of 2026. Backed by full funding and progressing with an ambitious drill program of approximately 45,000 metres, the Company is strategically positioned to deliver consistent updates, potentially broaden the scale of its discoveries, management believe if this is achieved, a market re-rating as the larger Whitehorse opportunity unfolds. The rapid advancement at Cub East highlights its emergence as a key asset in Gladiator's evolving high-grade copper-gold portfolio.

This compelling potential upside, combined with what have been continuous positive drill results, positions Gladiator, in management opinion, as a standout in the exploration space. For forward-looking investors, the current phase of exploration at Cub East offers the opportunity to participate at an early stage in what could become a major mineral discovery."

SUMMARY

Recently returned assays from Cub East have cemented the Cub East Discovery and proven high-grade strike continuity over greater than 80m, with the completion of 40m step out drilling.

Three step out holes were completed (BCG-021-023) 40 metres north of the most recent line and continue to extend and confirm the extent of high tenor mineralization intersecting strong copper-gold-silver magnetite-skarn mineralization. Results include:

BCG-023: 35.9m @ 2.68% Cu, 1.35 g/t Au & 19.55g/t Ag from 172.1m
- Incl. 22m @ 4.24% Cu, 2.16 g/t Au, & 31.04g/t Ag from 172.1m
BCG-021: 22m @ 1.24% Cu, 0.44g/t Au & 9.47g/t Ag from 186m
- Incl. 14.0m @ 1.85% Cu, 0.64g/t Au &14.34g/t Ag from 186m,
- Incl. 10m @ 2.24% Cu, 0.78g/t Au & 17.78g/t Ag from 188m
BCG-022: 23.43m @ 1.36% Cu, 0.59g/t Au & 10.37g/t Ag from 159.95m
- Incl. 19.05m @ 1.49% Cu, 0.59g/t Au, 10.74g/t Ag from 159.95m
- Incl. 13.05m @ 1.86% Cu, 0.73g/t Au, 12.8g/t Ag from 159.95m
AND 30m @ 1.32% Cu, 0.50 g/t Au & 15.93 g/t Ag from 223m
- Incl.15.17m @ 2.32% Cu, 0.86 g/t Au & 29.69 g/t Ag from 228.83m

previously released sections included:

BCG-018: 28m @ 1.57% Cu, 0.56g/t Au & 16.86g/t Ag from 146m
- Incl. 14.60m @ 2.61% Cu, 0.98g/t Au, 28.61g/t Ag from 149.40m,
- Plus. 17.2m @ 2.92% Cu, 0.98g/t Au, 20.80g/t Ag from 184.8m
BCG-019: 72m @ 1.14% Cu,0.42g/t Au & 8.03g/t Ag from 134m
- Incl. 24.1m @ 1.93% Cu, 0.88g/t Au & 13.29g/t Ag from 181.9m
- Incl. 16.1m @ 2.60% Cu, 1.14g/t Au & 18.06g/t Ag from 181m

CUB EAST

Drilling resumed at Cub East in April 2026, and Gladiator has since completed 9 holes for 2,589m metres, with assay results received for six holes to date (BCG-018 to BCG-023).

Drilling is systematically continuing at Cub East, targeting down-dip and up-dip extensions and along strike within the currently defined 900m (of strike) coincident gravity and Induced Polarization (IP) geophysical anomalies.

These results continue to demonstrate the strong volume and grade potential of the recently discovered Cub East target, while also underscoring the broader, underexplored opportunity across the more than 1.5-kilometre Bear Cub trend. With IP & gravity proving to be an effective targeting tool, additional drilling in this area remains a high priority for Gladiator.

With this in mind, Gladiator completed a 3D IP survey in Late April 2026 conducted across a 1.5 by 1.5km area at Cub East.

Early interpretations from the 3D IP geophysical survey points to a newly defined, non-linear strike extent over 900 metres, representing a potentially significant expansion of the mineralized system.

Figure 1: - Plan map of Black Cub over Drone Aeromagnetic Survey. New drill results from Cub East subject to this release highlighted in dark yellow. Please note Section Line showing projection of Figure 2 and 3.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1930/300090_5f3daefa147aaa57_002full.jpg

Figure 2: Section (C-C') through Cub East (Viewing NNW). Drill results from Cub East subject to this release highlighted in dark yellow. Refer to Figure 1 above for the location of section.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1930/300090_5f3daefa147aaa57_003full.jpg

Depth	East	North	Dip	Azim	Note	From	To	Interval (m)	Cu (%)	Au (g/t)	Ag (g/t)
BCG-021
228.60	503,036	6,715,456	-59	228		143.50	149.00	5.50	1.43	0.53	20.38
						170.00	174.00	4.00	0.46	0.01	4.75
						186.00	208.00	22.00	1.24	0.44	9.47
					Incl.	186.00	200.00	14.00	1.85	0.64	14.34
					Incl.	188.00	198.00	10.00	2.24	0.78	17.78
BCG-022
303.28	503,007	6,715,428	-59	229		147.20	153.00	5.80	0.23	0.06	2.75
						159.95	183.38	23.43	1.36	0.59	10.37
					Incl.	159.95	179.00	19.05	1.49	0.59	10.74
					Incl.	159.95	173.00	13.05	1.86	0.73	12.80
						223.00	253.00	30.00	1.32	0.50	15.93
					Incl.	228.83	244.00	15.17	2.32	0.86	29.69
BCG-023
365.67	503,060	6,715,479	-60	222		142.00	162.00	20.00	0.35	0.00	0.16
						172.10	208.00	35.90	2.68	1.35	19.55
					Incl.	172.10	194.00	21.90	4.24	2.16	31.04

Table 1: Recently returned drill assay results from Cub East Drill holes (BCG-021-023). Note that the quoted Intersections are reported as interval widths and not true width. True widths of the intersected mineralized skarn system is complex, with different grade distributions present related to the form of the contact between the granodiorite and sedimentary units as well different vein generations and orientations within the various intervals.

COWLEY RESOURCE DELINEATION DRILLING

Drilling commenced at Cowley on 20 April. Gladiator plans to complete at least 8,000 metres of drilling to support resource delineation under Class 3 permit conditions, which allow for greater flexibility and increased drill density both within and beyond the boundaries of the known mineralized system. Using a regularly spaced grid, the program will systematically test mineralized zones and support comprehensive resource definition.

The initial priority is to:

Complete step-out, sectional and infill drilling in areas where high-grade mineralisation may be incorporated into future resource models; and
Assess near-surface high-grade mineralisation for inclusion in future resource models on both the southern and northern limbs of the deposit. This work is intended to maximize the shallow resource potential in areas where drilling directly above the mineralisation has not previously been possible.

Initial results are expected in the coming weeks.

THE WHITEHORSE COPPER PROJECT

The Whitehorse Copper Project is an advanced-stage high grade copper (Cu), molybdenum (Mo), silver (Ag) and gold (Au) skarn exploration project in the Yukon Territory, Canada.

Copper mineralization was first discovered in 1897 on the Whitehorse Copper Belt and comprises over 30 copper-related, primarily skarn occurrences covering an area of 35 km long by 5 km wide on the western margin of Whitehorse City, Yukon.

Exploration and mining development have been carried out intermittently since 1897 with the main production era lasting between 1967 and 1982 where production from primarily the Little Chief deposit totalled 267,500,000 pounds copper, 225,000 ounces of gold and 2,838,000 ounces of silver from 10.5 million tons of mineralized material milled (Watson, 1984). The Whitehorse Copper Project is accessible by numerous access roads and trails located within 2 km of the South Klondike Highway and the Alaska Highway. An extensive network of historical gravel exploration and haul roads exists throughout the project area, providing excellent access to the claim package. Access to existing electric power facilities is available through the main Yukon power grid.

PROJECT HIGHLIGHTS

Advanced 35 km long high-grade copper belt.
Located on western margin of infrastructure rich Whitehorse City, Yukon.
Greater than 45,000 m of drilling planned for 2026, focussed initially on near-term high-grade copper skarn resource prospects including the cornerstone Cowley Prospect, the recently discovered Cub East Prospect and the significant exploration potential surrounding the Cowley and Cub East mineralized systems.
Later in the year focus will revert to the known mineralized areas adjacent to previous operating mines, including the Chiefs and Arctic Chief-Best Chance trends.
Targeting to report maiden high-grade copper NI 43-101 compliant inferred resource(s), in 2026 for Cowley on completion of Class 3 delineation drilling.
The Project area was a previous producer at Little Chief, Arctic Chief, Keewenaw & Black Cub South and other deposits.
Between 1967-82 Hudson Bay Mining & Smelting, mined 10.5 mt at 1.5% Cu plus 0.75 g/t Au (Watson P.H. (1984) The Whitehorse Copper Belt - A Compilation. Yukon Geological Survey, Open File 1984-1).
Key Institutional Investors - Dynamic, Mackenzie, Macquarie Bank and Orimco.

QA / QC

Drilling completed by Gladiator is irregularly spaced to test parts of the mineralized systems, holes are directionally surveyed utilising a North Seeking Gyro direction tool. Drill collars are subsequently surveyed utilising a high-accuracy RTK DGPS or DeviSite system. Diamond drilling is usually cased, then cored utilising HTW diameter before reducing at shallow depth in stable ground to NTW diameter drill core.

Mineralized quoted intersections are reported as interval widths and not true width. True widths of the intersected mineralized skarn system is complex making an estimate of the true width unreliable. This is due to different grade distributions and angle geometries present related to the form or outline of the contact between the granodiorite and sedimentary units as well different vein paragenesis and orientations within the various intervals. Where possible, drilling is conducted perpendicular to interpreted mineralization.

Upon drilling of diamond core, Gladiator undertakes geological logging, marking up of lineal length of the core, recording core recovery, and Geotech measurements such as RQD's and taking core photographs.

Based on the geological logging, core is then marked up for sampling with a new sampling ticket that matches the submitted sample for analysis at the start of the sample interval, the drill core is then cut in half utilizing a core saw equipped with a diamond saw blade. The core samples are then sent for analysis and the remaining half core retained for future reference. Certified Reference Materials (CRMs) or known blank material is placed within the sampling sequence at a nominal sampling rate of at least 1 in 20 samples to monitor the Laboratory.

Samples are submitted to the Whitehorse based prep facility of ALS Global Laboratory (Canada). Samples subject to this release were crushed to 70% less than 2mm before pulverizing to better than 85% passing <75 microns. Assay pulps are then transported by ALS to the Vancouver (Langley) facility to be analysed. On occasions where the Whitehorse prep facility has reduced capacity to complete preparation of the samples within a timely manner, samples may be forwarded by ALS Global to their Langley facility for preparation utilising the same method as described above.

Samples were then analysed by ALS method ME-ICP61 (34 Element Aqua Regia with ICP-MS finish), with over limits for Cu analysed by method CU-OG62 (Aqua Regia with ICP-MS finish). Au is analysed by ALS method AU-AA25 (Ore Grade Au 30g Fire Assay AA Finish). As part of this process, Gladiator also captures the required sampling metadata to potentially utilize the core and analysis for any future requirements if deemed acceptable. The QA/QC meets the current required standards under reporting instruments, such as National Instrument 43-101. At this point, Gladiator regards the data collected from this exercise as reliable for the purposes of identifying future exploration targets and may be used to inform future drilling and exploration campaigns.

As part of this process, Gladiator also captures the required sampling metadata to potentially utilize the core and analysis for any future requirements if deemed acceptable. Further drilling will need to be completed by Gladiator at some stage to confirm the reliability or usability of this data in the future including but not limited to twinning of reported mineralization. This may be required as Gladiator may not be able to confirm the accuracy of the stated drill collar location or be able to re-enter the holes to confirm depths and undertake directional surveys, or that the QA/QC might not meet the current required standards under reporting instruments, such as National Instrument 43-101. At this point, the Company is treating the data collected from this exercise as reliable for the purposes of identifying future exploration targets and may be used to inform future drilling and exploration campaigns.

References:

Watson P.H. (1984) The Whitehorse Copper Belt - A Compilation. Yukon Geological Survey, Open File 1984-1.(https://data.geology.gov.yk.ca/Reference/42011#InfoTab)

Tenney D. (1981) - The Whitehorse Copper Belt: Mining, Exploration and Geology (1967-1980). (https://ia800602.us.archive.org/7/items/whitehorsecopper00tenn/whitehorsecopper00tenn.pdf)

Qualified Person

All scientific and technical information in this news release has been prepared or reviewed and approved by Kell Nielsen, the Company's Vice President Exploration, a "qualified person" as defined by NI 43-101.

ON BEHALF OF THE BOARD

"Jason Bontempo"
Jason Bontempo
Director and CEO

For further information please contact:
info@gladiatormetals.com
+1 778 726 3356

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Certain of the statements and information in this news release constitute "forward-looking statements" or "forward-looking information". Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "anticipates", "believes", "plans", "estimates", "intends", "targets", "goals", "forecasts", "objectives", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) that are not statements of historical fact may be forward-looking statements or information..

Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, the need for additional capital by the Company through financings, and the risk that such funds may not be raised; the speculative nature of exploration and the stages of the Company's properties; the effect of changes in commodity prices; regulatory risks that development of the Company's material properties will not be acceptable for social, environmental or other reasons; availability of equipment (including drills) and personnel to carry out work programs; and that each stage of work will be completed within expected time frames. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements or information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.

The Company's forward-looking statements and information are based on the assumptions, beliefs, expectations and opinions of management as of the date of this news release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information if circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300090

North Shore Begins Drilling at Rio Puerco

VANCOUVER, BC / ACCESS Newswire / June 4, 2026 / North Shore Uranium Ltd. (TSX-V:NSU)(OTCQB:NSURF) ("North Shore" or the "Company") is pleased to report that it has commenced its first drill program at its Rio Puerco uranium project in the Grants Uranium District of northwestern New Mexico ("Rio Puerco" or the "Project"). To date, the Company's drill contractor Harris Exploration Drilling and Associates has completed a total of three rotary drill holes totaling 625 m (2,050 ft.). North Shore plans to drill up to 26 holes totaling approximately 5,975 m (19,600 ft.). The main objective of the program is to begin validating and further evaluating historical exploration data generated by the Kerr-McGee Mining Corporation ("Kerr-McGee") in the 1960s and 1970s. Each of the sites selected for drilling is a "twin" of a rotary hole drilled by Kerr-McGee in the 1970s. Details of the 2026 drill program, uranium mineralization and work history at Rio Puerco were summarized by the Company on April 9, 2026.

As announced on May 26, 2026, the Company received approval of its Minimal Impact Exploration Operation Permit from the state of New Mexico and its Notice of Intent to conduct mineral exploration activities from the Bureau of Land Management in May.

Brooke Clements, President and CEO of North Shorem stated: "We are excited to see the drill turning at Rio Puerco and the program running smoothly. The data we acquire from this program will help us do a detailed assessment of the uranium mineralization at the Project. With its rich uranium mining history and an abundance of uranium resources, we think that New Mexico has the potential to become a leader in the USA's push to produce more uranium in the future. On June 2, Urenco, one of two uranium enrichment facilities in the USA and the largest, located in New Mexico, announced a major expansion."

Drill hole RP-26-18-640 at Rio Puerco on May 30, 2026.

QUALIFIED PERSON

Mr. Brooke Clements, MSc, P.Geol., a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects and the President and CEO of North Shore, has reviewed and approved of the scientific and technical disclosure in this press release.

ABOUT NORTH SHORE

The nuclear power industry is undergoing increased development to meet CO₂ emission-reduction goals and the needs of new power-intensive technologies like AI. In this environment, discoveries of uranium deposits may be significant, especially in established uranium-producing jurisdictions like Saskatchewan and New Mexico. North Shore is focused on advancing exploration for uranium deposits. The Company is working to achieve this goal by exploring Rio Puerco in the Grants Uranium District of New Mexico and its Falcon and West Bear properties at the eastern margin of the Athabasca Basin in Saskatchewan. In addition, the Company continues to evaluate quality opportunities in the United States and Canada to complement its portfolio of uranium properties.

ON BEHALF OF THE BOARD

Brooke Clements,
President, Chief Executive Officer and Director

For further information:
Please contact: Brooke Clements, President, Chief Executive Officer and Director
Telephone: 604.536.2711
Email: b.clements@northshoreuranium.com
www.northshoreuranium.com

Forward-Looking Statements

This news release contains forward-looking statements. All statements, other than statements of historical fact that address activities, events, or developments that the Company believes, expects, or anticipates will or may occur in the future are forward-looking statements. These statements reflect management's current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause actual results to differ materially from those discussed in the forward-looking statements. Forward-looking statements in this release include, but are not limited to: the planned scope of the current drill program at Rio Puerco; the Company's objective of validating and further evaluating historical exploration data; the initiation and results of work programs and their potential outcomes; the Company's ability to acquire up to an 87.5% interest in the Rio Puerco project and to create a joint venture with Resurrection Mining LLC ("Resurrection"); the Company's exploration strategy to evaluate additional opportunities in the United States and Canada; the actual results of current and planned exploration activities, including the whether exploration activities result in the identification of mineralization of potential economic interest at Rio Puerco and the Company's Falcon and West Bear properties in Saskatchewan; the ability of the Company to meet milestones and make bonus payments to Resurrection; the interpretation and meaning of completed and future geophysical surveys, drilling results, and economic evaluations; the availability of sufficient funding on terms acceptable to the Company and the timing and receipt of the required regulatory and government approvals,; and other statements that are not historical facts. Forward-looking statements are frequently characterized by words such as "plan", "expect", "anticipate", "intend", "estimate", "believe" and similar expressions, as well as statements that certain events or conditions "may", "could", "would" or "will" occur. These statements are subject to various risks and uncertainties that may cause actual results to differ materially from those anticipated or implied, including, but not limited to: risks that the Company may not complete its entire planned drill program on the anticipated timeline; risks relating to contractor availability and site conditions; risks that historical exploration data may not be indicative of future results; the speculative nature of mineral exploration; the availability of financing on acceptable terms; delays in obtaining governmental or regulatory approvals; fluctuations in uranium prices; and other factors described in the Company's public disclosure documents. Additional risks not presently known to the Company may also cause actual results to differ materially from those anticipated. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events, or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

SOURCE: North Shore Uranium Ltd

View the original press release on ACCESS Newswire

Headwater Gold Provides Corporate Update and Appoints Joshua Carron as VP Exploration

Vancouver, British Columbia – TheNewswire - June 4, 2026: Headwater Gold Inc. (CSE: HWG) (OTCQX: HWAUF) (the “Company” or “Headwater”) is pleased to announce that Mr. Joshua Carron has joined the Company in the role of Vice President, Exploration to be based in Reno, Nevada.

Highlights:

Appointment of Vice President, Exploration: Joshua Carron has joined Headwater as Vice President, Exploration, bringing over 20 years of gold-focused experience spanning exploration, project development, mine geology and operations;
Direct Experience at Nevada’s Most Recent Major Discovery: Mr. Carron most recently served as Geology Superintendent for AngloGold Ashanti, where he helped advance the Arthur epithermal gold project in Nevada from discovery-stage exploration through resource development and into Reserve status; and
Adding Depth to Team as Exploration Activity Accelerates: Mr. Carron joins Headwater as the Company ramps up exploration across multiple partner-funded programs and newly generated 100%-owned opportunities, including the Jupiter Project, a district-scale epithermal project where the Company is applying leading exploration concepts, some of which were used in the discovery of the Arthur project.

Caleb Stroup, President and CEO of the Company, comments: “We are very pleased to welcome Josh to the Headwater team. Josh brings a rare combination of greenfield exploration, project development and mine geology experience, with direct recent involvement helping advance the AngloGold Ashanti Arthur Gold Project from discovery-stage exploration through resource development and into Reserve status. That background is particularly relevant to Headwater as we continue to grow from a project generation platform into a company with multiple partner-funded drill programs and several 100%-owned discovery opportunities advancing in parallel. Adding senior technical leadership with Josh’s experience strengthens our ability to generate, evaluate and advance high-quality exploration opportunities across the Western United States.”

Mr. Carron has over 20 years of experience in the gold mining industry, spanning greenfield exploration, project development, mine geology and operations. He has worked on projects in the United States, Canada and Mexico across a range of deposit types, including epithermal, Carlin-style, orogenic, VMS and porphyry systems. Most recently, Mr. Carron served as Geology Superintendent for AngloGold Ashanti in Nevada, where he helped advance the Arthur Gold Project in the Walker Lane from the exploration stage through resource development and into Reserve status. His experience advancing projects across the exploration-to-development continuum is directly aligned with Headwater’s growing portfolio of epithermal gold opportunities in the Western United States.

Stock Options:

The Company has granted 2,475,000 incentive stock options (the “Options”) to directors, officers, employees and consultants of the Company. Each Option is exercisable to purchase one common share of the Company at a price of $0.47 for a five-year term and vests over periods from immediately to two years. The Options are subject to the acceptance of the Canadian Securities Exchange (“CSE”).

Semi-Annual Financial Reporting:

The Company has elected to rely on Coordinated Blanket Order 51-933 and move to semi-annual financial reporting (“SAR”).

Coordinated Blanket Order 51-933 allows eligible venture issuers listed on the CSE to voluntarily move from a quarterly to a semi-annual financial reporting framework. The Company’s fiscal year ends on February 28. Under the SAR pilot program, the Company will be exempt from filing interim financial reports and related Management’s Discussion and Analysis for its first and third quarters.

Interim Period: The Company will not file an interim report for the first quarter (Q1) ending May 31 and the third quarter (Q3) ending November 30; and
Ongoing Reporting: The Company will continue to file audited financial statements (due within 120 days of February 28) and six-month interim financial reports (due within 60 days of August 31).

The Company confirms it meets the pilot program’s eligibility criteria, which include being a venture issuer with annual revenues of less than $10 million and maintaining a clean 12-month continuous disclosure record.

This news release is being filed pursuant to Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.

About Headwater Gold:

Headwater Gold Inc. (CSE: HWG, OTCQX: HWAUF) is a technically driven mineral exploration company focused on exploring for and discovering high-grade precious metal deposits in the Western USA. Headwater is actively exploring one of the world's most well-endowed, mining-friendly jurisdictions, with a goal of making world-class precious metal discoveries. The Company has a large portfolio of epithermal vein exploration projects and a technical team with diverse experience in capital markets and major mining companies. Headwater is systematically drill-testing several projects in Nevada and has strategic earn-in agreements with OceanaGold Corporation on its TJ, Jake Creek, and Hot Creek projects, Newmont Corporation on its Spring Peak and Lodestar projects, and Centerra Gold Inc. on its Crane Creek project in Idaho. In August 2022 and September 2024, Newmont and Centerra acquired strategic equity interests in the Company, further strengthening Headwater's exploration capabilities.

For more information about Headwater, please visit the Company's website at www.headwatergold.com.

Headwater is part of the NewQuest Capital Group, a discovery-driven investment enterprise that builds value through the incubation and financing of mineral projects and companies. Further information about NewQuest is available at www.nqcapitalgroup.com.

On Behalf of the Board of Directors

Caleb Stroup

President and CEO

+1 (775) 409-3197

cstroup@headwatergold.com

For further information, please contact:

Brennan Zerb

Investor Relations Manager

+1 (778) 867-5016

bzerb@headwatergold.com

Forward-Looking Statements: This news release includes certain forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward-looking information can be identified by words such as “pro forma”, “plans”, “expects”, “may”, “should”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to the anticipated business plans and timing of future activities of the Company, the ability of the Company to obtain sufficient financing to fund its business activities and plans, the risk that the Company’s earn-in partners will not elect to continue with their respective earn-in programs, the ability of the Company to obtain required permits, changes in laws, regulations and policies affecting mining operations, currency fluctuations, title disputes or claims, environmental issues and liabilities, as well as those factors discussed under the heading “Risk Factors” in the Company's filings with the Canadian Securities Authorities, copies of which can be found under the Company's profile on the SEDAR+ website at www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements, except as otherwise required by law.

Gunnison Copper Launches Major District-Wide Drilling Program to Support Resource Expansion, Metallurgical Optimization, and Resource Conversion

Drilling Program Includes up to 120 Drill Holes Totalling ~138,000 feet (42,000 meters)

Phoenix, Arizona--(Newsfile Corp. - June 4, 2026) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) ("Gunnison" or the "Company") is pleased to announce a major district-wide drilling program at its Gunnison Copper Project, including the Strong & Harris satellite deposit, located in Arizona's Cochise Mining District.

The entire drilling program has now been fully contracted and committed with drill rig mobilization expected to commence this month. The program consists of up to 120 drill holes totaling approximately 138,000 feet (42,000 meters) of drilling and is designed to support ongoing Pre-Feasibility Study ("PFS") work program activities, resource expansion, metallurgical optimization, and resource conversion across the Company's district-scale copper assets.

"We are moving forward with a great sense of urgency to deliver on our vision of fueling America's security and prosperity by acting to rapidly increase the domestic copper supply," said Craig Hallworth, President and CEO of Gunnison Copper. "This program is designed not only to potentially add more copper to our flagship project, but also support metallurgical optimization and the resource conversion required to support a mineral reserve in our planned PFS."

Work will begin with metallurgical optimization drilling utilizing two drill rigs until the construction of a new larger core processing and storage facility is completed, expected during the third quarter of 2026, after which the Company plans to increase drilling capacity to as many as six drill rigs. The total direct cost of the drill program and associated laboratory testing is estimated at US$15.0M, excluding employee payroll, with preliminary results expected within six months and full results within 12 to 15 months.

Metallurgical Optimization

The metallurgical program is expected to include up to 36 drill holes totaling approximately 33,000 feet (10,000 meters) of representative samples across the Gunnison and Strong & Harris deposits.

The objective is to provide additional samples for ongoing metallurgical test work, engineering studies, and mine planning activities supporting the Company's PFS work program and permitting initiatives. This includes a material increase in column leach tests, which are the industry standard for predicting and optimizing full-scale copper heap leaching. Up to 270 column leach tests are planned over the next 12 months.

Resource Expansion and Conversion

Following completion of the initial metallurgical drilling phase, the Company will focus on a comprehensive resource drilling program expected to include up to 84 drill holes totaling approximately 105,000 feet (32,000 meters).

The objectives of the resource drilling program include:

Resource expansion through testing extensions of known mineralization and identifying new mineralized zones;
Upgrading Inferred Mineral Resources to Measured and Indicated categories;
Further defining the limits of mineralization at both the Gunnison and Strong & Harris deposits; and
Evaluating the continuation of the Gunnison mineralized system at depth.

District-Scale Opportunity

The Gunnison Copper Project and the Strong & Harris satellite deposit form part of Gunnison's district-scale land package in Arizona's Southern Copper Belt. The Company believes significant opportunities remain to expand and further define mineralization across multiple deposits located within economic trucking distance of the planned processing infrastructure.

ABOUT GUNNISON COPPER

Gunnison Copper Corp. is a multi-asset pure-play copper developer and producer that controls the Cochise Mining District (the district), containing 12 known deposits within an 8 km economic radius, in the Southern Arizona Copper Belt.

Its flagship asset, the Gunnison Copper Project, has a main pit Measured and Indicated Mineral Resource containing over 846 million tons with a total copper grade of 0.33% (Measured Mineral Resource of 192 million tons at 0.37% and Indicated Mineral Resource of 655 million tons at 0.31%).

The Strong & Harris satellite deposit, located approximately 1.9 miles from the Gunnison processing facilities, is also included in the mine plan and hosts an Inferred Mineral Resource of 76 million tons grading 0.49% total copper (0.32% CuOx) at a 0.07% cutoff, 0.56% zinc and 0.12% silver, containing approximately 740 million pounds of copper, including 483 million pounds of oxide copper, as well as zinc (856 million pounds) and silver (9.0 million ounces).

A preliminary economic assessment ("PEA") was completed in March 2026 for the Gunnison Project yielding robust economics including an NPV8% of $2 billion, IRR of 23%, and payback period of 3.9 years. It is being developed as a conventional operation with open pit mining, heap leach, and SX/EW refinery to produce finished copper cathode on-site with direct rail link. The PEA is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the conclusions reached in the PEA will be realized. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.

In addition, Gunnison's Johnson Camp Asset, which is now in production, is fully funded by Nuton LLC, a Rio Tinto Venture, with a production capacity of up to 25 million lbs of finished copper cathode annually.

Other significant deposits controlled by Gunnison in the district, with potential to be economic satellite feeder deposits for Gunnison Project infrastructure, include South Star, and eight other deposits.

For more information on the Company, please visit our website at www.GunnisonCopper.com.

For additional information on the Gunnison Project please refer to the technical report titled "Gunnison Project NI 43-101 Technical Report, Preliminary Economic Assessment, Cochise County, Arizona, USA" with an effective date of March 18, 2026 filed on SEDAR+ at www.sedarplus.ca.

For additional information on the Johnson Camp Mine please refer to the technical report titled "Johnson Camp Mine NI 43-101 Technical Report, Cochise County, Arizona, USA" with an effective date of March 18, 2026 filed on SEDAR+ at www.sedarplus.ca.

Dr. Roland Goodgame, Senior VP of Project Development of the Company is a Qualified Person as defined by NI 43-101. Dr. Goodgame has reviewed and is responsible for the technical information contained in this news release.

For further information regarding this press release, please contact:

Gunnison Copper Corp.
Concord Place, Suite 300, 2999 North 44th Street, Phoenix, AZ, 85018

Melissa Mackie
T: 647.533.4536
E: info@GunnisonCopper.com
www.GunnisonCopper.com

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" concerning anticipated developments and events that may occur in the future. Forward-looking information contained in this news release includes, but is not limited to, statements with respect to: (i) the intention to deploy the Nuton® technology at the Johnson Camp mine and future production therefrom; (ii) the continued funding of the stage 2 work program by Nuton; (iii) the details and expected results of the stage two work program; (iv) future production and production capacity from the Company's mineral projects; (v) the results of the preliminary economic assessment on the Gunnison Project; (vi) the exploration and development of the Company's mineral projects; (vii) the details and timelines associated with the Company's PFS work program; (viii) the expected results of the Company's PFS work program; (ix) the vision of fueling America's security and prosperity by acting to rapidly increase the domestic copper supply; and (x) the significant opportunities to expand and further define mineralization across multiple deposits.

In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" or "does not expect", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, Nuton will continue to fund the stage 2 work program, the availability of financing to continue as a going concern and implement the Company's operational plans, the allocation of the 48C tax credits between the Company and Nuton, the satisfaction of the requirements set forth in Section 48C of the Internal Revenue Code, the estimation of mineral resources, the realization of resource estimates, copper and other metal prices, the timing and amount of future development expenditures, the estimation of initial and sustaining capital requirements, the estimation of labour and operating costs (including the price of acid), the availability of labour, material and acid supply, receipt of and compliance with necessary regulatory approvals and permits, the estimation of insurance coverage, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to the Company not obtaining adequate financing to continue operations, Nuton failing to continue to fund the stage 2 work program, the failure to satisfy the requirements set forth in Section 48C of the Internal Revenue Code, the breach of debt covenants, risks inherent in the construction and operation of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined including the possibility that mining operations may not be sustained at the Gunnison Copper Project, risks related to the delay in approval of work plans, variations in mineral resources and reserves, grade or recovery rates, risks relating to the ability to access infrastructure, risks relating to changes in copper and other commodity prices and the worldwide demand for and supply of copper and related products, risks related to increased competition in the market for copper and related products, risks related to current global financial conditions, risks related to current global financial conditions on the Company's business, uncertainties inherent in the estimation of mineral resources, access and supply risks, risks related to the ability to access acid supply on commercially reasonable terms, reliance on key personnel, operational risks inherent in the conduct of mining activities, including the risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or increased costs that might be encountered during the construction or mining process, regulatory risks including the risk that permits may not be obtained in a timely fashion or at all, financing, capitalization and liquidity risks, risks related to disputes concerning property titles and interests, environmental risks and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300071

Turning Boring Into Opportunity: Next Critical Metals Winners Unveiled

Back in 2022, shares of Perpetua Resources (TSX: PPTA) traded in the C$2.50 range. Nick Hodge and I had visited the Stibnite Project multiple times, and it was crystal clear what the value proposition was.

Not only did the company have a world-class gold deposit boasting roughly 7 million ounces with lots of exploration upside, but it also held the strategic value of a critical metal called antimony.

Antimony is used in fire retardants, batteries, and military equipment like night-vision sensors and infrared detectors, among other important applications.

Antimony, like a lot of critical metals, is also predominantly produced by China, which has shown repeatedly that it is not afraid to weaponize its monopoly. That was true then and is even more true now.

So when I saw that the company was a past producer of antimony during the war effort in World War II and had the potential to once again supply America with this critical metal, I instantly recognized that this wasn’t just an important gold deposit — it was important for America’s future.

When the stock was in the C$2.50 range, I pounded the table for subscribers to establish a position ahead of the market. The market was boring. Gold was boring. Antimony was boring.

That boredom led to the stock reaching a recent 52-week high in the C$50.00 range earlier this year.

I knew the value because I had seen it with my own eyes and understood the strategic significance of the project. That strategic advantage is what led to the board of the Export-Import Bank of the United States unanimously approving a $2.9 billion senior secured long-term loan under the Make More in America initiative, which will allow the company to build the fully permitted Stibnite Project.

That followed bipartisan support that had previously allowed the company to secure loans and grants from the Department of Energy and the Department of Defense.

So when Nick and I hit the road recently to visit a gold project that also boasted a suite of critical metals right here in America, I rushed back home and decided to put together a report on not just this company but a suite of companies that have the potential — like Perpetua — to supply the critical metals of the future.

Metals like gold, silver, lithium, tantalum, and several others.

With all the geopolitical turbulence, there couldn’t be a better time to have exposure to companies that are exploring for these metals.

Once again, the market is boring. Gold, despite trading in the $4,500/oz range, is boring to a lot of people, and stocks are trading like it.

Which is the perfect time to establish and grow positions.

The resource market isn’t going to stay boring. Gold will see new highs. China will continue to weaponize its critical metals monopoly, and I plan on profiting from it once again.

Let's get it,

Kingsmen Resources: Inside the 15,000-Meter Drill Program at Las Coloradas

Scott Emerson, President and CEO of Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF), joins The KE Report channel for an on-site interview and visual tour. The conversation also highlights plans for later-stage drilling at the Almoloya gold-silver project, the company's strong financial position, and the steady stream of exploration news expected throughout 2026. Check out the full discussion below.

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GreenLight Metals on Building a Wisconsin Copper-Gold Story

Matt Filgate, President and CEO of GreenLight Metals Inc. (TSXV: GRL) (OTCQB: GRLMF), joins The KE Report to give an update on advancing of copper and gold exploration projects in two highly prospective U.S. mining jurisdictions. With an active drill program, a strong treasury, and multiple catalysts ahead, GreenLight Metals is positioning itself for potential resource growth and value creation. Check out the full discussion below.

GSP Resource Targets Growth with Summer Drilling at Alwin & Mer

Simon Dyakowski, President and CEO of GSP Resource Corp (TSXV: GSPR), joins The KE Report channel and provides an overview of the company's Alwin and Mer projects, discussing upcoming summer drilling, exploration targets, and the potential to unlock overlooked gold and silver credits alongside copper mineralization. Check out the full discussion below.

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Banyan Gold Announces Property Acquisition from Generic Gold

VANCOUVER, BC / ACCESS Newswire / June 3, 2026 / Banyan Gold Corp. (the "Company" or "Banyan") (TSX-V:BYN) (OTCQB:BYAGF) is pleased to announce that it has entered into a definitive agreement with Generic Gold Corp. ("Generic Gold") to acquire a 100% interest in Generic Gold's entire Yukon exploration portfolio, comprising 2,158 claims across the Goodman, Seattle, VIP, Summit and Livingstone claim blocks (collectively, the "Properties"), in the prospective Tintina Gold Belt, for all-share consideration of $3,000,000 (the "Transaction").

"The acquisition of the Generic Gold properties expands Banyan's exploration pipeline in the Yukon and provides our exploration team with a portfolio of drill-ready and early-stage gold targets to which we can apply the geological, geophysical and structural models developed internally," said Tara Christie, President and CEO. "We have opportunity to leverage our district scale geologic dataset and apply the exploration targeting strategies developed at AurMac and Nitra across our expanded project portfolio. The timing of this acquisition will allow Banyan to utilize existing logistical support to rapidly deploy preliminary exploration efforts in the Goodman and Seattle areas and then across all of our projects."

Transaction Terms

Under the terms of the definitive agreement, Banyan will acquire 100% of the Properties in consideration for the issuance of 2,142,857 common shares of Banyan (the "Consideration Shares") at a deemed price of $1.40 per share. The Consideration Shares will be subject to a statutory four-month-and-one-day hold period under applicable Canadian securities laws and a contractual 1year hold period.

The Properties are being acquired free and clear of royalties and encumbrances, other than a 1% net smelter returns royalty on specific claims.

Closing of the Transaction is subject to customary conditions, including the approval of the TSX Venture Exchange.

Strategic Rationale

The Properties constitute the entirety of Generic Gold's Yukon quartz exploration portfolio and represent a contiguous and non-contiguous land position of approximately 350 squares kilometres across the Tintina Gold Belt, a highly prospective gold belt that hosts multiple producing mines, past-producing mines and advanced gold development projects. The Properties span a range of exploration stages, from drill-ready targets with historical drill intercepts to early-stage prospects defined by surface geochemistry and geophysics, providing Banyan with an exploration pipeline. Several of the acquired claim blocks are situated in close proximity to significant gold projects in the Yukon, including Fuerte Metals Coffee project, the Eagle Gold mine, White Gold's Golden Saddle project, Western Copper & Gold's Casino project, and Banyan Gold's flagship AurMac deposit which has an Indicated Mineral Resource of 3.64 million oz of gold (167.3 M tonnes at 0.68 g/t Au) and an Inferred Mineral Resource of 4.98 M oz of Au (267.2 M tonnes at 0.58 g/t Au) (as defined in the 2014 Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") Definition Standards for Mineral Resources & Mineral Reserves incorporated by reference into NI 43‑101) (Figure 1).

Figure 1: Location of Banyan Gold projects in the Yukon. Projects acquired from Generic Gold are VIP, Goodman-Seattle, Livingstone, and BERG, and are highlighted in Yellow; pre-existing projects in Banyan Gold's portfolio include AurMac, Nitra, and Hyland, and are highlighted in orange.

The geological settings of the Goodman-Seattle Properties include lithologies and structural environments analogous to those hosting gold mineralization at AurMac, Raven, and Eagle Mine, including similar prospectivity to Nitra for intrusion-related gold systems associated with Cretaceous Tombstone Plutonic Suite intrusions, their associated mineralized aureoles, and Keno-style mineralization. The close proximity to AurMac and Nitra will allow Banyan to leverage our existing extensive camp infrastructure and logistical support to quickly extend exploration efforts to Goodman and Seattle.

The VIP Property is on trend with the Coffee project and has potential for orogenic gold mineralization within metasedimentary host rocks. Promising initial surface sampling has identified potential targets in similar geologic settings to the Coffee Gold deposit. Follow-up sampling, geophysical surveys, and rigorous data processing and interpretation is a first step in assessing and identifying potential drill targets in the area.

Banyan intends to compile and review the technical database for each remaining claim block, apply the geological, geophysical and structural exploration models developed at AurMac and through the extensive exploration background of the technical team, and prioritize follow-up work programs, including target generation, surface sampling, geophysical surveys, and drill testing.

Qualified Persons

Duncan Mackay, M.Sc., P.Geo., is a "Qualified Person" as ‎defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects ("NI 43-101"), and has reviewed and approved the content of this news release in respect of all disclosure other than the MRE.‎ Mr. Mackay is Vice President Exploration for Banyan and has verified the data disclosed in this news release, including the sampling, ‎‎analytical and test data underlying the information.

About Banyan

Banyan's primary asset, the AurMac Project is located in the Traditional Territory of First Nation of Na-Cho Nyäk Dun, in Canada's Yukon Territory. The current Mineral Resource Estimate ("MRE") for the AurMac Project has an effective date of May 15, 2026 and comprises an Indicated Mineral Resource of 3.639 million ounces of gold ("Au") (167.3 M tonnes at 0.68 g/t) and an Inferred Mineral Resource of 4.985 Moz of Au (267.2 M tonnes at 0.58 g/t ) (as defined in the 2014 CIM Definition Standards for Mineral Resources & Mineral Reserves incorporated by reference into NI 43‑101). The 303 square kilometres ("sq km") AurMac Project lies 40 kilometres from Mayo, Yukon. The AurMac Project is transected by the main Yukon highway and benefits from a 3-phase powerline, existing power station and cell phone coverage.

In addition to the AurMac Project, the Company holds the Hyland Gold Project, located 70 km Northeast of Watson Lake, Yukon, along the Southeast end of the Tintina Gold Belt (the "Hyland Project") in the Traditional Territory of the Kaska Nations, closest to the Liard First Nation and Daylu Dena Council. The Hyland Project represents a sediment hosted, structurally controlled, intrusion-related gold deposit, within a large land package (over 125 sq km), accessible by a network of existing gravel access roads. The updated MRE comprises an Indicated Mineral Resource of 337 thousand ("K") ounces ("oz") of gold ("Au") and 2.63 million ("M") oz of silver ("Ag") (11.3 M tonnes at 0.93 g/t Au and 7.27 g/t Ag), and an Inferred Mineral Resource of 118 Koz of Au and 0.86 Moz Ag (3.9 M tonnes at 0.95 g/t Au and 6.94 g/t Ag) (as defined in the 2014 CIM Definition Standards for Mineral Resources & Mineral Reserves incorporated by reference into NI 43‑101) effective September 1, 2025 and with technical report filed on Sedar on October 27, 2025.

Banyan also holds the Nitra Gold Project, a grassroots exploration project located in the Mayo Mining district, approximately 10 km west of the AurMac Gold property. The Nitra Property lies in the northern part of the Selwyn basin and is underlain by metaclastic rocks of the Late Proterozoic Yusezyu Formation of the Hyland Group, similar to lithologies hosting portions of the AurMac Project. Middle Cretaceous Tombstone Plutonic suite intrusions occur along the property including the Morrison Creek and Minto Creek stocks. The property is 100% owned and operated by Banyan Gold Corp. ("Banyan") and covers approximately 313.9 sq km. The property is accessible by road along the Silver Trail Highway, South McQuesten Road and 4x4 roads.

Banyan trades on the TSX-Venture Exchange under the symbol "BYN" and is quoted on the OTCQB Venture Market under the symbol "BYAGF". For more information, please visit the corporate website at or contact the Company.

ON BEHALF OF BANYAN GOLD CORPORATION

(signed) "Tara Christie"
Tara Christie
President & CEO

For more information, please contact:

Tara Christie • 778 928 0556 • tchristie@banyangold.com
Jasmine Sangria • 604 312 5610 • jsangria@banyangold.com

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

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

FORWARD LOOKING INFORMATION: This release contains forward-looking information, which is not comprised of historical facts and is based upon the Company's current internal expectations, estimates, projections, assumptions and beliefs. Such information can generally be identified by the use of forwarding-looking wording such as "may", "will", "expect", "estimate", "anticipate", "intend(s)", "believe", "potential" and "continue" or the negative thereof or similar variations, Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the prospective nature of the properties being acquired; mineral recoveries and anticipated mining costs. Factors that could cause actual results to differ materially from such forward-looking information include uncertainties inherent in resource estimates, continuity and extent of mineralization, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, and the other risks involved in the mineral exploration and development industry, enhanced risks inherent to conducting business in any jurisdiction, and those risks set out in Banyan's public documents filed on SEDAR+. Although Banyan believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Banyan disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

SOURCE: Banyan Gold Corp.

View the original press release on ACCESS Newswire

Gunnison Copper Announces Closing of Oversubscribed C$34.5 Million Bought Deal Public Offering

Phoenix, Arizona--(Newsfile Corp. - June 3, 2026) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) ("Gunnison" or the "Company") is pleased to announce that it has closed its previously announced bought deal public offering, pursuant to which the Company sold 82,144,500 common shares (the "Common Shares"), including the full exercise of the over-allotment option granted by the Company of 10,714,500 Common Shares, at a price of C$0.42 per Common Share for gross proceeds of approximately C$34.5 million (the "Offering").

The Offering was conducted by a syndicate of underwriters led by Canaccord Genuity Corp. ("Canaccord Genuity"), as sole bookrunner, on behalf of a syndicate of underwriters that included Paradigm Capital Inc., as co-lead underwriter with Canaccord Genuity, and Ventum Financial Corp. and CIBC Capital Markets.

The net proceeds of the Offering will be used to advance the Company's Gunnison Copper Project in Arizona, as well as for working capital and general corporate purposes.

The Offering was offered in (i) each of the provinces of Canada, except Quebec, pursuant to a prospectus supplement dated May 29, 2026 to the Company's short form base shelf prospectus dated May 19, 2026 (collectively, the "Prospectus"), (ii) the United States on a private placement basis to Qualified Institutional Buyers pursuant to applicable exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the "U.S. Securities Act of 1933"), and (iii) such other jurisdictions outside of Canada and the United States on a private placement basis in accordance with applicable laws. The Offering remains subject to the final approval of the Toronto Stock Exchange (the "TSX").

A copy of the Prospectus is available on the Company's profile on SEDAR+ at www.sedarplus.ca.

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

ABOUT GUNNISON COPPER CORP.

For more information on the Company, please visit our website at www.GunnisonCopper.com.

For further information regarding this press release, please contact:

Gunnison Copper Corp.
Concord Place, Suite 300, 2999 North 44th Street, Phoenix, AZ, 85018

Melissa Mackie
T: 647.533.4536
E: info@GunnisonCopper.com
www.GunnisonCopper.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain statements contained in this release constitute forward-looking information within the meaning of applicable Canadian securities laws. Such forward-looking statements relate to the use of proceeds from the Offering and the receipt of final approval of the TSX for the Offering. In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" or "does not expect", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, receipt of TSX final approval of the Offering; the use of the proceeds of the Offering; the availability of financing to continue as a going concern and implement the Company's operational plans, the estimation of mineral resources, the realization of mineral resource estimates, copper and other metal prices, the timing and amount of future development expenditures, the estimation of initial and sustaining capital requirements, the estimation of labour and operating costs (including the price of acid), the availability of labour, material and acid supply, receipt of and compliance with necessary regulatory approvals and permits, the estimation of insurance coverage, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to the Company not obtaining adequate financing to continue operations, Nuton failing to continue to fund the stage 2 work program, the breach of debt covenants, risks inherent in the construction and operation of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined including the possibility that mining operations may not be sustained at the Gunnison Copper Project, risks related to the delay in approval of work plans, variations in mineral resources, grade or recovery rates, risks relating to the ability to access infrastructure, risks relating to changes in copper and other commodity prices and the worldwide demand for and supply of copper and related products, risks related to increased competition in the market for copper and related products, risks related to current global financial conditions on the Company's business, uncertainties inherent in the estimation of mineral resources, access and supply risks, risks related to the ability to access acid supply on commercially reasonable terms, reliance on key personnel, operational risks inherent in the conduct of mining activities, including the risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or increased costs that might be encountered during the construction or mining process, regulatory risks including the risk that permits may not be obtained in a timely fashion or at all, financing, capitalization and liquidity risks, risks related to disputes concerning property titles and interests, environmental risks and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information.

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/299937