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New Found Gold Continues to Confirm Continuity of At-Surface High-Grade Gold at Keats Zone, Queensway Gold Project

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New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) (‘New Found Gold’ or the ‘Company’) is pleased to announce additional results from grade control drilling at the Keats zone (‘Keats’) excavation in the AFZ Core (‘AFZC’), completed as part of the Company’s 2025 drill program on its 100%-owned Queensway Gold Project (‘Queensway’ or the ‘Project’) in Newfoundland and Labrador, Canada.

Keats excavation grade control drill program highlights include:

  • 508 g/t Au1 over 2.20 m2 from 16.80 m (NFGC-25-GC-024)
  • 113 g/t Au over 3.75 m from 11.90 m (NFGC-25-GC-025)
  • 9.29 g/t Au over 37.60 m from 12.00 m (NFGC-25-GC-027)
  • 27.0 g/t Au over 10.00 m from 0.00 m (NFGC-25-GC-033)
  • 31.5 g/t Au over 6.10 m from 0.60 m (NFGC-25-GC-021)
  • 17.2 g/t Au over 9.05 m from 2.70 m (NFGC-25-GC-042)
  • 24.5 g/t Au over 6.35 m from 24.65 m (NFGC-25-GC-031)
  • 7.33 g/t Au over 19.80 m from 4.70 m (NFGC-25-GC-026)
  • 3.75 g/t Au over 21.40 m from 0.10 m (NFGC-25-GC-035)

Melissa Render, President of New Found Gold, stated: ‘Building on the initial Keats zone grade control drill results released in late 2025, these new results continue to demonstrate the high-grade tenor of this zone. The 5 by 5 metre spaced drilling is confirming strong continuity of gold mineralization occurring at or within a few metres of surface. We look forward to updating the market with the results of the remaining 2025 grade control drilling from both Keats and the Iceberg zone when available.’

Work Summary

The results presented in this release include 1,230 m of drilling in 36 diamond drill holes (‘DDH‘) from the 2025 Keats excavation grade control drill program (‘KEGCDP‘; Figures 1 to 3). The KEGCDP was designed to improve confidence in the distribution of high-grade, near-surface gold mineralization and support mine planning as outlined in the Preliminary Economic Assessment (‘PEA‘) Phase 1 open pits (see the New Found Gold press release dated July 21 2025). Drill highlights, along with detailed results for these 36 DDH, are provided in Tables 1 to 3 below.

The full KEGCDP comprises 84 DDH totalling 2,773 m; a total of 1,866 m in 52 DDH, or 62% of results have been reported to date, including 36 DDH in this release and an initial 16 DDH in the Company’s press release dated December 1, 2025. Remaining results will be reported as they become available.

Figure 1: Plan view map of the AFZC with location of Keats and Iceberg excavation
grade control drill programs.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7337/282330_77041155f49168ec_001full.jpg

  • Keats excavation grade control drill program highlights (this press release):
    • 508 g/t Au over 2.20 m from 16.80 m (NFGC-25-GC-024)
    • 113 g/t Au over 3.75 m from 11.90 m (NFGC-25-GC-025)
    • 9.29 g/t Au over 37.60 m from 12.00 m (NFGC-25-GC-027)
    • 27.0 g/t Au over 10.00 m from 0.00 m (NFGC-25-GC-033)
    • 31.5 g/t Au over 6.10 m from 0.60 m (NFGC-25-GC-021)
    • 17.2 g/t Au over 9.05 m from 2.70 m (NFGC-25-GC-042)
    • 24.5 g/t Au over 6.35 m from 24.65 m (NFGC-25-GC-031)
    • 7.33 g/t Au over 19.80 m from 4.70 m (NFGC-25-GC-026)
    • 3.75 g/t Au over 21.40 m from 0.10 m (NFGC-25-GC-035)
    • 10.6 g/t Au over 6.60 m from 0.10 m (NFGC-25-GC-022)
    • 9.94 g/t Au over 6.95 m from 0.70 m (NFGC-25-GC-030)
    • 4.87 g/t Au over 10.55 m from 22.45 m (NFGC-25-GC-039)
    • 3.37 g/t Au over 12.20 m from 0.55 m (NFGC-25-GC-017)
    • 2.27 g/t Au over 16.35 m from 21.85 m (NFGC-25-GC-057)
    • 1.45 g/t Au over 23.55 m from 8.05 m (NFGC-25-GC-032)
    • 2.12 g/t Au over 13.75 m from 7.20 m (NFGC-25-GC-028)
    • 1.52 g/t Au over 14.05 m from 3.50 m (NFGC-25-GC-045)
    • 1.64 g/t Au over 12.65 m from 33.25 m (NFGC-25-GC-029)
    • 1.78 g/t Au over 11.30 m from 4.70 m (NFGC-25-GC-034)
    • 1.55 g/t Au over 12.50 m from 0.00 m (NFGC-25-GC-024)

    Figure 2: Keats and Iceberg excavations with proposed grade control drill holes and location of results received.

    To view an enhanced version of this graphic, please visit:
    https://images.newsfilecorp.com/files/7337/282330_77041155f49168ec_002full.jpg

    The KEGCDP is testing a volume that is approximately 65 m long by 30 m deep by 40 m wide with a drill spacing of 5 m by 5 m and includes a near-surface high-grade region that was uncovered as part of the Company’s ongoing excavation program (see the New Found Gold press releases dated September 23, 2024, December 2, 2024, September 25, 2025, and December 1, 2025).

    Results released to date correlate well with the initial mineral resource estimate (‘MRE‘) block model and indicate strong continuity of high-grade mineralized shoots at Keats, providing improved definition of their geometry, with most intervals occurring at or within a few meters of surface. The detailed geostatistical data from this phase of work will further validate our resource models, specifically by increasing confidence in grade-capping and influence-limiting parameters applied to high-grade intersections in advance of a MRE update and subsequent mine planning.

    The Keats and Iceberg zones are hosted within the Keats-Baseline Fault Zone (‘KBFZ‘), a high-grade gold-bearing structure that has been defined over a current strike length of 1.9 kilometres (‘km‘). This corridor consists of a broad mineralized fault zone with limited deep drill testing to date. Drilling completed in 2024 confirms that the system extends to vertical depths of up to 1.1 km (see the New Found Gold press releases dated July 11, 2024, October 31, 2024, and April 29, 2025).

    Figure 3: Keats longitudinal section view of grade control grid location (looking northwest, +/- 12.5 m).

    To view an enhanced version of this graphic, please visit:
    https://images.newsfilecorp.com/files/7337/282330_77041155f49168ec_003full.jpg

    Looking Ahead

    The 2025 Queensway drill program included 74,377 m of drilling in 614 diamond DDH, with approximately 75% of the drilling focused on the AFZC area to support advancement of the Phase 1 mine plan as outlined in the Company’s PEA and 25% focused on exploration targets such as the Dropkick zone (‘Dropkick‘). To date, approximately 50% of the results from 2025 drilling remain outstanding, as well as channel sampling results from the Lotto excavation. These results will be reported once available.

    The 2026 Queensway drill program is underway, with four drill rigs currently active (see the New Found Gold press release dated January 21, 2026). Initial 2026 infill drilling is planned to first target PEA Phase 2 open pit resource conversion, transitioning later in the year to PEA Phase 3 underground resource conversion.

    The Company plans to expand its grade control drilling beginning in Q2/26. The next phase of work will leverage results from the 2025 program to optimize drill hole spacing and program scope. This will include completing the initial grade-control drilling at the Iceberg excavation, commencing grade-control drilling at the Lotto excavation and potentially expanding the grade-control drilling at the Keats and Iceberg excavations. The objective of this work is to improve confidence in the distribution of gold mineralization and support mine planning as outlined for the PEA Phase 1 open pits.

    Exploration drilling will focus on AFZC resource expansion including an initial grid-based program targeting the prospective corridor adjacent to the AFZ at Bullseye, continued step-outs at Dropkick, located 11 km north of the AFZC, and targeted segments of the AFZ at AFZ Peripheral. A regional drilling program testing advanced targets at Queensway South is in the planning phase and expected to commence in H2/26.

    The Company plans to file an updated Technical Report for Queensway, which will include an updated mineral resource estimate, in mid-2026

    Table 1: Drill Result Highlights.

    Hole No. From (m) To (m) Interval (m) Au (g/t) True Width (%) Zone
    NFGC-25-GC-017 0.55 12.75 12.20 3.37 60-90 Keats Excavation
    Including 2.15 2.60 0.45 63.65 55-85
    NFGC-25-GC-021 0.60 6.70 6.10 31.47 70-95 Keats Excavation
    Including 1.65 3.40 1.75 98.64 70-95
    Including 6.25 6.70 0.45 35.73 70-95
    And 21.65 33.45 11.80 2.96 70-95
    Including 21.65 22.10 0.45 20.78 70-95
    Including 27.60 28.10 0.50 10.83 70-95
    Including 31.00 31.30 0.30 25.62 70-95
    NFGC-25-GC-022 0.10 6.70 6.60 10.57 70-95 Keats Excavation
    Including 3.20 3.70 0.50 99.59 70-95
    Including 6.05 6.70 0.65 21.90 70-95
    NFGC-25-GC-024 0.00 12.50 12.50 1.55 70-95 Keats Excavation
    And 16.80 19.00 2.20 507.70 70-95
    Including 18.60 19.00 0.40 2788.50 70-95
    NFGC-25-GC-025 11.90 15.65 3.75 113.27 50-80 Keats Excavation
    Including 12.40 14.35 1.95 216.75 50-80
    NFGC-25-GC-026 4.70 24.50 19.80 7.33 65-95 Keats Excavation
    Including 4.70 6.00 1.30 90.49 65-95
    NFGC-25-GC-027 12.00 49.60 37.60 9.29 70-95 Keats Excavation
    Including 15.30 16.35 1.05 184.38 70-95
    Including 16.90 17.90 1.00 23.39 70-95
    Including 33.85 34.45 0.60 125.27 70-95
    NFGC-25-GC-028 7.20 20.95 13.75 2.12 70-95 Keats Excavation
    Including 7.70 8.10 0.40 32.55 70-95
    NFGC-25-GC-029 33.25 45.90 12.65 1.64 70-95 Keats Excavation
    NFGC-25-GC-030 0.70 7.65 6.95 9.94 70-95 Keats Excavation
    Including 1.60 2.20 0.60 17.42 70-95
    Including 4.45 5.00 0.55 16.08 70-95
    Including 5.95 6.45 0.50 87.48 70-95
    And 17.60 39.20 21.60 14.62 70-95
    Including 21.45 22.20 0.75 61.99 70-95
    Including 29.90 31.20 1.30 186.52 70-95
    NFGC-25-GC-031 24.65 31.00 6.35 24.48 70-95 Keats Excavation
    Including 29.05 30.15 1.10 132.61 70-95
    NFGC-25-GC-032 8.05 31.60 23.55 1.45 70-95 Keats Excavation
    Including 10.85 11.60 0.75 13.88 70-95
    NFGC-25-GC-033 0.00 10.00 10.00 27.01 70-95 Keats Excavation
    Including 1.10 2.60 1.50 168.65 70-95
    NFGC-25-GC-034 4.70 16.00 11.30 1.78 70-95 Keats Excavation
    Including 7.45 8.45 1.00 11.14 70-95
    NFGC-25-GC-035 0.10 21.50 21.40 3.75 70-95 Keats Excavation
    Including 0.85 1.80 0.95 40.74 70-95
    Including 12.95 13.30 0.35 15.04 70-95
    NFGC-25-GC-039 22.45 33.00 10.55 4.87 70-95 Keats Excavation
    Including 28.40 29.50 1.10 16.24 70-95
    Including 30.50 31.45 0.95 22.82 70-95
    NFGC-25-GC-042 2.70 11.75 9.05 17.24 40-70 Keats Excavation
    Including 7.20 8.95 1.75 53.22 40-70
    Including 10.20 10.50 0.30 130.40 40-70
    NFGC-25-GC-045 3.50 17.55 14.05 1.52 70-95 Keats Excavation
    Including 8.75 9.20 0.45 10.12 70-95
    NFGC-25-GC-057 21.85 38.20 16.35 2.27 65-95 Keats Excavation
    Including 21.85 22.70 0.85 23.67 65-95

     

    Note that the host structures are interpreted to be moderately to steeply dipping. Infill veining in secondary structures with multiple orientations crosscutting the primary host structures are commonly observed in drill core which could result in additional uncertainty in true width. Composite intervals reported carry a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2 m with a maximum of 4 m consecutive dilution when above 200 m vertical depth and 2 m consecutive dilution when below 200 m vertical depth. Included high-grade intercepts are reported as any consecutive interval with grades greater than 10 g/t Au. Grades have not been capped in the averaging and intervals are reported as drill thickness. Details of all drill holes reported in this press release are included in Table 2 and Table 3 below.

    Table 2: Summary of composite drill hole results reported in this press release for Keats.

    Hole No. From (m) To (m) Interval (m) Au (g/t) True Width (%) Zone
    NFGC-25-GC-017 0.55 12.75 12.20 3.37 60-90 Keats Excavation
    Including 2.15 2.60 0.45 63.65 55-85
    NFGC-25-GC-018 0.35 7.10 6.75 3.03 70-95 Keats Excavation
    Including 1.40 1.85 0.45 29.82 70-95
    And 15.50 18.00 2.50 1.36 Unknown
    NFGC-25-GC-019 No Significant Values Keats Excavation
    NFGC-25-GC-020 2.15 9.00 6.85 7.29 65-95 Keats Excavation
    Including 2.15 2.80 0.65 13.63 65-95
    Including 6.80 7.60 0.80 46.46 65-95
    And 14.45 16.95 2.50 2.06 70-95
    NFGC-25-GC-021 0.60 6.70 6.10 31.47 70-95 Keats Excavation
    Including 1.65 3.40 1.75 98.64 70-95
    Including 6.25 6.70 0.45 35.73 70-95
    And 21.65 33.45 11.80 2.96 70-95
    Including 21.65 22.10 0.45 20.78 70-95
    Including 27.60 28.10 0.50 10.83 70-95
    Including 31.00 31.30 0.30 25.62 70-95
    NFGC-25-GC-022 0.10 6.70 6.60 10.57 70-95 Keats Excavation
    Including 3.20 3.70 0.50 99.59 70-95
    Including 6.05 6.70 0.65 21.90 70-95
    NFGC-25-GC-023 0.00 7.00 7.00 2.98 70-95 Keats Excavation
    Including 3.50 3.80 0.30 32.45 70-95
    And 24.00 32.90 8.90 3.39 70-95
    Including 25.90 26.50 0.60 27.63 70-95
    NFGC-25-GC-024 0.00 12.50 12.50 1.55 70-95 Keats Excavation
    And 16.80 19.00 2.20 507.70 70-95
    Including 18.60 19.00 0.40 2788.50 70-95
    NFGC-25-GC-025 11.90 15.65 3.75 113.27 50-80 Keats Excavation
    Including 12.40 14.35 1.95 216.75 50-80
    And 20.60 28.65 8.05 1.90 70-95
    Including 25.65 26.55 0.90 10.17 70-95
    And 37.70 46.40 8.70 5.94 70-95
    Including 38.90 39.50 0.60 75.27 70-95
    NFGC-25-GC-026 4.70 24.50 19.80 7.33 65-95 Keats Excavation
    Including 4.70 6.00 1.30 90.49 65-95
    NFGC-25-GC-027 12.00 49.60 37.60 9.29 70-95 Keats Excavation
    Including 15.30 16.35 1.05 184.38 70-95
    Including 16.90 17.90 1.00 23.39 70-95
    Including 33.85 34.45 0.60 125.27 70-95
    And 52.90 55.00 2.10 1.90 70-95
    Including 53.65 54.00 0.35 10.00 70-95
    NFGC-25-GC-028 7.20 20.95 13.75 2.12 70-95 Keats Excavation
    Including 7.70 8.10 0.40 32.55 70-95
    NFGC-25-GC-029 16.50 22.00 5.50 6.11 70-95 Keats Excavation
    Including 21.40 22.00 0.60 14.55 70-95
    And 33.25 45.90 12.65 1.64 70-95
    NFGC-25-GC-030 0.70 7.65 6.95 9.94 70-95 Keats Excavation
    Including 1.60 2.20 0.60 17.42 70-95
    Including 4.45 5.00 0.55 16.08 70-95
    Including 5.95 6.45 0.50 87.48 70-95
    And 17.60 39.20 21.60 14.62 70-95
    Including 21.45 22.20 0.75 61.99 70-95
    Including 29.90 31.20 1.30 186.52 70-95
    NFGC-25-GC-031 24.65 31.00 6.35 24.48 70-95 Keats Excavation
    Including 29.05 30.15 1.10 132.61 70-95
    NFGC-25-GC-032 8.05 31.60 23.55 1.45 70-95 Keats Excavation
    Including 10.85 11.60 0.75 13.88 70-95
    And 35.70 41.65 5.95 1.19 70-95
    NFGC-25-GC-033 0.00 10.00 10.00 27.01 70-95 Keats Excavation
    Including 1.10 2.60 1.50 168.65 70-95
    And 16.95 23.60 6.65 2.24 70-95
    Including 17.60 18.25 0.65 10.60 70-95
    And 34.75 37.70 2.95 1.65 45-75
    NFGC-25-GC-034 4.70 16.00 11.30 1.78 70-95 Keats Excavation
    Including 7.45 8.45 1.00 11.14 70-95
    NFGC-25-GC-035 0.10 21.50 21.40 3.75 70-95 Keats Excavation
    Including 0.85 1.80 0.95 40.74 70-95
    Including 12.95 13.30 0.35 15.04 70-95
    And 28.00 31.00 3.00 1.09 55-85
    NFGC-25-GC-036 No Significant Values Keats Excavation
    NFGC-25-GC-037 28.60 33.40 4.80 1.61 70-95 Keats Excavation
    NFGC-25-GC-038 4.35 11.50 7.15 1.93 55-85 Keats Excavation
    And 21.25 23.40 2.15 1.10 70-95
    NFGC-25-GC-039 10.15 12.60 2.45 1.01 60-90 Keats Excavation
    And 22.45 33.00 10.55 4.87 70-95
    Including 28.40 29.50 1.10 16.24 70-95
    Including 30.50 31.45 0.95 22.82 70-95
    NFGC-25-GC-040 No Significant Values Keats Excavation
    NFGC-25-GC-041 3.50 7.30 3.80 2.77 45-75 Keats Excavation
    Including 6.80 7.30 0.50 10.64 45-75
    And 16.55 26.20 9.65 2.56 70-95
    NFGC-25-GC-042 2.70 11.75 9.05 17.24 40-70 Keats Excavation
    Including 7.20 8.95 1.75 53.22 40-70
    Including 10.20 10.50 0.30 130.40 40-70
    And 17.55 24.35 6.80 1.19 70-95
    NFGC-25-GC-044 8.75 11.25 2.50 1.03 40-70 Keats Excavation
    And 15.25 17.40 2.15 1.05 40-70
    And 21.40 29.45 8.05 1.21 40-70
    NFGC-25-GC-045 3.50 17.55 14.05 1.52 70-95 Keats Excavation
    Including 8.75 9.20 0.45 10.12 70-95
    And 22.00 24.50 2.50 1.21 45-75
    NFGC-25-GC-047 24.45 27.10 2.65 1.00 70-95 Keats Excavation
    NFGC-25-GC-049 4.40 11.40 7.00 1.65 70-95 Keats Excavation
    NFGC-25-GC-051 24.80 31.05 6.25 1.32 70-95 Keats Excavation
    NFGC-25-GC-053 10.50 13.60 3.10 1.37 40-70 Keats Excavation
    And 22.40 29.10 6.70 1.14 70-95
    NFGC-25-GC-054 20.70 29.15 8.45 2.36 70-95 Keats Excavation
    Including 20.70 21.70 1.00 10.30 70-95
    NFGC-25-GC-057 0.60 2.90 2.30 1.07 65-95 Keats Excavation
    And 11.15 15.35 4.20 6.21 65-95
    Including 11.15 12.10 0.95 14.02 65-95
    And 21.85 38.20 16.35 2.27 65-95
    Including 21.85 22.70 0.85 23.67 65-95
    NFGC-25-GC-077 No Significant Values Keats Excavation
    NFGC-25-GC-114 No Significant Values Keats Excavation

     

    Note that the host structures are interpreted to be moderately to steeply dipping. Infill veining in secondary structures with multiple orientations crosscutting the primary host structures are commonly observed in drill core which could result in additional uncertainty in true width. Composite intervals reported carry a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2 m with a maximum of 4 m consecutive dilution when above 200 m vertical depth and 2 m consecutive dilution when below 200 m vertical depth. Included high-grade intercepts are reported as any consecutive interval with grades greater than 10 g/t Au. Grades have not been capped in the averaging and intervals are reported as drill thickness.

    Table 3: Details of drill holes reported in this press release.

    Hole Number Azimuth (°) Dip (°) Length (m) UTM E UTM N Prospect
    NFGC-25-GC-017 300 -45 30 658204 5427542 Keats
    NFGC-25-GC-018 300 -45 21 658196 5427547 Keats
    NFGC-25-GC-019 299 -45 15 658192 5427544 Keats
    NFGC-25-GC-020 299 -45 34 658209 5427540 Keats
    NFGC-25-GC-021 299 -45 39 658220 5427533 Keats
    NFGC-25-GC-022 299 -45 12 658187 5427541 Keats
    NFGC-25-GC-023 299 -45 39 658215 5427530 Keats
    NFGC-25-GC-024 299 -45 22 658193 5427538 Keats
    NFGC-25-GC-025 299 -45 46 658225 5427513 Keats
    NFGC-25-GC-026 299 -45 30 658204 5427538 Keats
    NFGC-25-GC-027 299 -45 61 658217 5427512 Keats
    NFGC-25-GC-028 299 -45 32 658198 5427534 Keats
    NFGC-25-GC-029 298 -45 53 658210 5427516 Keats
    NFGC-25-GC-030 298 -45.3 52 658216 5427525 Keats
    NFGC-25-GC-031 298 -45 47 658211 5427509 Keats
    NFGC-25-GC-032 300 -45 54 658212 5427520 Keats
    NFGC-25-GC-033 300 -45 43 658210 5427533 Keats
    NFGC-25-GC-034 300 -45 24 658199 5427540 Keats
    NFGC-25-GC-035 300 -45 37 658204 5427531 Keats
    NFGC-25-GC-036 300 -45 21 658207 5427553 Keats
    NFGC-25-GC-037 300 -45 40 658205 5427513 Keats
    NFGC-25-GC-038 300 -45 40 658203 5427525 Keats
    NFGC-25-GC-039 300 -45 40 658229 5427540 Keats
    NFGC-25-GC-040 300 -45 25 658212 5427549 Keats
    NFGC-25-GC-041 300 -45 33 658223 5427543 Keats
    NFGC-25-GC-042 298 -45 36 658199 5427523 Keats
    NFGC-25-GC-044 298 -45 37 658194 5427514 Keats
    NFGC-25-GC-045 298 -45 28 658192 5427526 Keats
    NFGC-25-GC-047 300 -45 42 658191 5427510 Keats
    NFGC-25-GC-049 298 -45 21 658187 5427529 Keats
    NFGC-25-GC-051 300 -45 39 658189 5427506 Keats
    NFGC-25-GC-053 300 -45 33 658194 5427520 Keats
    NFGC-25-GC-054 300 -45 33 658182 5427507 Keats
    NFGC-25-GC-057 300 -45 45 658204 5427519 Keats
    NFGC-25-GC-077 300 -45 12 658168 5427524 Keats
    NFGC-25-GC-114 300 -45 14 658253 5427538 Keats

     

    Sampling, Sub-sampling, and Laboratory

    All drilling recovers HQ core. For deep holes, the core size may be reduced to NQ at depth. The drill core is split in half using a diamond saw or a hydraulic splitter for rare intersections with incompetent core.

    A geologist examines the drill core and marks out the intervals to be sampled and the cutting line. Sample lengths are mostly 1.0 meter and adjusted to respect lithological and/or mineralogical contacts and isolate narrow (<1.0m) veins or other structures that may yield higher grades.

    Technicians saw the core along the defined cutting line. One half of the core is kept as a witness sample and the other half is submitted for analysis. Individual sample bags are sealed and placed into totes, which are then sealed and marked with the contents.

    New Found Gold has submitted samples for gold determination by PhotonAssay to ALS Canada Ltd. (‘ALS‘) since February 2024. ALS operates under a commercial contract with New Found Gold.

    Drill core samples are shipped to ALS for sample preparation in Thunder Bay, Ontario. ALS does not currently have accreditation for the PhotonAssay method at their Thunder Bay, ON laboratory. They do however have ISO/IEC 17025 (2017) accreditation for gamma ray analysis of samples for gold at their Australian labs with this method, including the Canning Vale lab in Perth, WA.

    Samples submitted to ALS beginning in February 2024 received gold analysis by photon assay whereby the entire sample is crushed to approximately 70% passing 2 mm mesh. The sample is then riffle split and transferred into jars. For ‘routine’ samples that do not have VG identified and are not within a mineralized zone, one (300-500g) jar is analyzed by photon assay. If the jar assays greater than 0.8 g/t, the remaining crushed material is weighed into multiple jars and submitted for photon assay.

    For samples that have VG identified, the entire crushed sample is riffle split and weighed into multiple jars that are submitted for photon assay. The assays from all jars are combined on a weight-averaged basis.

    Select samples prepared at ALS are also analyzed for a multi-element ICP package (ALS method code ME-ICP61) at ALS Vancouver.

    Drill program design, Quality Assurance/Quality Control, and interpretation of results are performed by qualified persons employing a rigorous Quality Assurance/Quality Control program consistent with industry best practices. Standards and blanks account for a minimum of 10% of the samples in addition to the laboratory’s internal quality assurance programs.

    Quality Control data are evaluated on receipt from the laboratories for failures. Appropriate action is taken if assay results for standards and blanks fall outside allowed tolerances. All results stated have passed New Found Gold’s quality control protocols.

    New Found Gold’s quality control program also includes submission of the second half of the core for approximately 2% of the drilled intervals. In addition, approximately 1% of sample pulps for mineralized samples are submitted for re-analysis to a second ISO-accredited laboratory for check assays.

    The Company does not recognize any factors of drilling, sampling, or recovery that could materially affect the accuracy or reliability of the assay data disclosed.

    The assay data disclosed in this press release have been verified by the Company’s Qualified Person against the original assay certificates.

    Qualified Person

    The scientific and technical information disclosed in this press release was reviewed and approved by Melissa Render, P. Geo., President, and a Qualified Person as defined under National Instrument 43-101. Ms. Render consents to the publication of this press release by New Found Gold. Ms. Render certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release.

    About New Found Gold Corp.

    New Found Gold is an emerging Canadian gold producer with assets in Newfoundland and Labrador, Canada. The Company holds a 100% interest in Queensway and owns the Hammerdown Operation, Pine Cove Operation and Nugget Pond Hydrometallurgical Gold Plant. The Company is currently focused on advancing Queensway to production and bringing the Hammerdown Operation into steady-state gold production.

    In July 2025, the Company completed a PEA at Queensway (see New Found Gold press release dated July 21, 2025). Recent drilling continues to yield new discoveries along strike and down dip of known gold zones, pointing to the district-scale potential that covers a +110 km strike extent along two prospective fault zones at Queensway.

    New Found Gold has a new board of directors and management team and a solid shareholder base which includes cornerstone investor Eric Sprott. The Company is focused on growth and value creation.

    Keith Boyle, P.Eng.
    Chief Executive Officer
    New Found Gold Corp.

    Contact

    For further information on New Found Gold, please visit the Company’s website at www.newfoundgold.ca, contact us through our investor inquiry form at https://newfoundgold.ca/contact/contact-us/ or contact:

    Fiona Childe, Ph.D., P.Geo.
    Vice President, Communications and Corporate Development
    Phone: +1 (416) 910-4653
    Email: contact@newfoundgold.ca

    Follow us on social media at
    https://www.linkedin.com/company/newfound-gold-corp
    https://x.com/newfoundgold

    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. 

    Forward-Looking Statement Cautions

    This press release contains certain ‘forward-looking statements’ within the meaning of Canadian securities legislation, including relating to the current drill program on its Queensway Gold Project in Newfoundland and Labrador, Canada, and the timing, results and interpretation and use of the drill results; future drill programs and the timing and focus thereof; the excavation program and the timing and results thereof; future exploration and the objectives and timing thereof, including future drilling and excavation; exploration, drilling and mineralization at Queensway; the extent of mineralization and the continuity of high-grade gold mineralization; the potential conversion of mineral resources; potential resource expansion; a mineral resource update and the timing thereof; focus on growth and value creation; and the merits of Queensway. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘interpreted’, ‘intends’, ‘estimates’, ‘projects’, ‘aims’, ‘suggests’, ‘indicate’, ‘often’, ‘target’, ‘future’, ‘likely’, ‘pending’, ‘potential’, ‘encouraging’, ‘goal’, ‘objective’, ‘prospective’, ‘possibly’, ‘preliminary’, and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘can’, ‘could’ or ‘should’ occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSXV, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated with the Company’s ability to complete exploration and drilling programs as expected, possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results and the results of the metallurgical testing program, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. The reader is urged to refer to the Company’s Annual Information Form and Management’s Discussion and Analysis, publicly available through the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects.

    1 g/t Au= grams of gold per tonne
    2 m = metres

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282330

    News Provided by TMX Newsfile via QuoteMedia

    This post appeared first on investingnews.com

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    JZR Gold Reflects on a Year of Execution and Looks Ahead to a Transformational 2026

    Investing 8 Mins Read

    (TheNewswire)

     

    February2, 2026 TheNewswire – Vancouver, British Columbia, Canada – JZR Gold Inc. (the ‘Company’ or ‘JZR’) (TSX-V: JZR) today provides a review of key operational and corporate progress achieved during 2025, while outlining expectations for 2026 as the Company works with its partners toward revenue generation and cash flow from its interest in the Vila Nova Gold Project (the ‘Project’ or ‘Vila Nova Project’) in Brazil.

     

    2025 Highlights

    • Advanced the Vila Nova Gold Project to production, successful installment of a gravimetric which led the production of gold concentrate. 

     

    2025 Vila Nova Activity Update

     

    Over the past year, JZR focused on disciplined execution and working diligently with ECO Mining Oil & Gaz Drilling Exploration (EIRELI) (‘ECO‘), the operator of the Vila Nova Gold Project located in the State of Amapa, Brazil.  The Company’s and ECO’s combined efforts resulted in the Vila Nova Gold Project receiving all required approvals to bring the Project closer to production.  The Company possesses a 50% Net Profit Interest (as defined in a Joint Venture Royalty Agreement (‘JVRA‘) with ECO) from all Net Profit (as defined in the JVRA) generated from the Vila Nova Gold Project.  In October 2025, the Company was advised that ECO completed commissioning and testing of the 800 tonnes-per-day gravimetric mill and produced the project’s first gold concentrate.

     

    Throughout 2025, ECO advanced the facility toward steady-state operations by hiring and training personnel, replacing and upgrading several components, and optimizing plant performance. Following initial concentrate production, material has been stockpiled on site while the operation focused on processing higher-grade material once operational consistency has been achieved. The Company has been advised that two potential buyers of gold concentrate have since visited the site to review the facility and operations, and concentrate samples have been submitted for independent analysis, with results expected in the near term.

     

    ‘These steps were not isolated milestones,’ said Robert Klenk, Chief Executive Officer of JZR Gold. ‘They reflect a methodical progression toward sustainable operations by ECO. The focus throughout 2025 was ensuring that ECO was able to secure the necessary permits, and to ensure that the plant, people, and processes were in place to support anticipated long-term production by ECO.’

     

    In parallel with operational advancement, JZR strengthened its financial position. In October 2025, the Company received $1.6 million in proceeds from the full exercise of outstanding warrants, providing additional working capital flexibility while limiting shareholder dilution.

     

    Looking ahead, management expects 2026 to represent a transformational year. ECO is working toward fully ramping the Vila Nova facility to its designed capacity of 800 tonnes per day, positioning the Project to generate gold concentrate sales, revenue, and cash flow. Under the JVRA, JZR earned a 50% interest in 2023 in the Project by making certain payments to ECO totaling US$6,000,000, which funded 100% of the purchase and installation of the processing plant and mill. Once revenue is generated by ECO, as anticipated, JZR is to be repaid for those capital contributions while retaining its 50% Net Profit Interest.

     

    Importantly, the Vila Nova Project stands apart in an increasingly scrutinized regulatory environment, underscoring the value of JZR and ECO’s long-standing commitment to operating a fully licensed and permitted project at both the state and federal levels. ‘As governments increase oversight, compliant projects with established permits and infrastructure become increasingly valuable,’ Klenk added. ‘We believe Vila Nova is well-positioned in that regard, and we are proud of the responsible framework under which the project has been developed.’

     

    With operational readiness largely established, financing risk reduced, and regulatory clarity in place, JZR enters 2026 with a clear objective: to transition from an issuer with an interest in non-revenue exploration assets to a revenue-generating royalty holder with cash flow. Management believes the groundwork laid over the past year has positioned the Company to pursue that goal with discipline and confidence.

     

    Marketing Agreement with AllPennyStocks.com Media Inc.

    The Company is pleased to announce it has entered into a marketing agreement with AllPennyStocks.com Media Inc. (‘APS‘), subject to TSXV approval.

     

    Pursuant to its agreement with APS (the ‘APS Agreement‘), APS will provide investor relations and marketing services to the Company over an initial term of eight (8) months, commencing February 3, 2026, in consideration of an aggregate of US$67,500.00. APS will work with the Company to develop and release a series of media syndication articles through an expanded distribution circuit designed to increase investor awareness of the Company. APS is based in Mississauga; Ontario based and operates the website https://www.allpennystocks.com/. Neither APS, nor any of its respective directors or officers own any securities of the Company or any right to acquire securities of the Company. APS is an arm’s length party to the Company.

     

    APS, founded in 1999, is a leading authority in the micro-cap space, with its content prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals.

     

    Results of 2025 Annual General and Special Shareholder’s Meeting

     

    The Company is also pleased to announce the results of its 2025 Annual General and Special Meeting (‘AGM‘) of shareholders held on Wednesday, December 31, 2025. Shareholders approved all the resolutions detailed in the management information circular of the Company (the ‘Circular‘), including:

     

    • Electing all of management’s nominees to the Board of Directors of the Company. 

    • Approving and reconfirming the Equity Incentive Plan for the Company. 

     

    A total of 29,848,272 common shares of the Company were voted at the AGM, representing approximately 38.32% of the issued and outstanding common shares of the Company.

     

    About JZR Gold Inc.

     

    JZR Gold Inc is a junior mining resource company listed on the TSX Venture Exchange. It is engaged in the business of the exploration and development of mineral properties. The Company holds interests in the Province of British Columbia, Canada and the State of Amapá, Brazil. The Spider mine in B.C. are gold and silver exploration targets. The Company’s flagship exploration interest is the Vila Nova Gold Project, which is currently in the development stage.

     

    For more information, please visit our website at www.jzrgold.com.

     

    For further information, please contact:

     

    Robert Klenk

    Chief Executive Officer

    E: rob@jazzresources.ca
    T: 604.329.9092

     

    Forward-Looking Statements

     

    This news release contains forward-looking statements, which includes any information about activities, events or developments that the Company believes, expects or anticipates will or may occur in the future.  Forward-looking statements in this news release include statements with respect to the expected processing of high-grade material from the Project and subsequent sales of product derived therefrom, statements regarding the Company’s transition to a revenue-generating issuer with cash flow, statements regarding the services to be provided by APS and statements with respect to the anticipated use of proceeds from the exercise of the Warrants.  Forward-looking information reflects the expectations or beliefs of management of the Company based on information currently available to it.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.  These factors include, but are not limited to: risks associated with the business of the Company; business and economic conditions in the mineral exploration industry generally; the supply and demand for labour and other project inputs; changes in commodity prices; changes in interest and currency exchange rates; risks related to inaccurate geological and engineering assumptions; risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with the specifications or expectations, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action and unanticipated events related to health, safety and environmental matters); risks related to adverse weather conditions; geopolitical risk and social unrest; changes in general economic conditions or conditions in the financial markets; and other risk factors as detailed from time to time in the Company’s continuous disclosure documents filed with the Canadian securities regulators.  The forward-looking information contained in this press release is expressly qualified in its entirety by this cautionary statement.  The Company does not undertake to update any forward-looking information, except as required by applicable securities laws.

     

    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 press release.

     

    None of the securities of JZR have been registered under the U.S. Securities Act of 1933, as amended (the ‘U.S. Securities Act’), or any state securities law, and may not be offered or sold in the United States or to, or for the account or benefit of, persons in the United States or ‘U.S. persons’ (as such term is defined in Regulation S under the U.S. Securities Act) absent registration or an exemption from such registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy in the United States nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

    Copyright (c) 2026 TheNewswire – All rights reserved.

    News Provided by TheNewsWire via QuoteMedia

    This post appeared first on investingnews.com

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    Homerun Resources Inc. Completes District Control Strategy with Purchase Agreement for 582 Hectares of Land and Surface Rights over Santa Maria Eterna High Purity Silica Sand District, in Belmonte, Bahia, Brazil

    Investing 5 Mins Read

    KEY HIGHLIGHTS:

    • With this transaction, together with previous CBPM mineral lease acquisitions and long-term supply and surface rights agreements, Homerun has completed the District Control Strategy initiated in Q1 2023 and secures long-life economic interests and control over the SME Silica Sand District, providing security of supply, scale and the location for the Company’s planned high purity silica sand industrial complex.

    Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) (‘Homerun’ or the ‘Company’) is pleased to announce that the Company has signed a purchasing agreement (the ‘Agreement’) over the FAZENDA CONJUNTO SÃO JOSÉ E NOVA ESPERANÇA, located in the Municipality of Belmonte, Bahia, Brazil, in the district of Santa Maria Eterna (‘SME’). The Agreement covers a total area of 582 hectares and represents the final component of the District Control Strategy initiated in Q1 2023 and secures long-life economic interests and control over the SME Silica Sand District, providing security of supply, scale and the location for the Company’s planned high purity silica sand industrial complex.

    Completing the SME District Control Strategy

    Over the past three years, Homerun has executed a staged consolidation strategy over the SME Silica Sand District, starting with a stated plan but no initial position in the SME District, the Company has now secured mineral leases, supply agreements, surface rights and now direct land ownership within the SME District. This strategy has now delivered the competitive advantage of effective district-scale control of this unique high-purity silica resource which can provide decades of substantial silica sand supply for downstream industrial use.

    The land being acquired under the Agreement for Fazenda Conjunto São José e Nova Esperança is directly contiguous with Homerun’s 99-year, renewable surface rights over Fazenda São José, which were secured in December 2025 specifically for the installation of the Company’s silica sand industrial complex, including processed silica and solar glass manufacturing. Together with Homerun’s three CBPM mineral lease acquisitions and its long-term Material Supply Agreements, this land position completes the SME District Control Strategy.

    Figure 1 – Map of Fazenda Conjunto São José e Nova Esperança, Fazenda São José and related rights

    To view an enhanced version of this graphic, please visit:
    https://images.newsfilecorp.com/files/4082/282364_ac8fc2f434b8891e_001full.jpg

    Brian Leeners, CEO of Homerun stated, ‘Just over three years ago we were the only party to identify the globally unique value of the SME Silica Sand District as a critical material supply for the global solar and energy storage sectors. At that time, we set about on an ambitious plan to commercially control the SME Silica Sand District. An ambitious plan considering Homerun had no position in the district and minimal financial resources, at that time. That original plan has manifested today into Homerun obtaining that desired control of the SME Silica Sand District through direct resource ownership, resource partnership and direct land ownership. Homerun’s SME control is a key requirement for the execution of the next phases of the Company’s strategic plan – developing and capitalizing Homerun’s high-margin silica processing and antimony-free solar glass manufacturing in the SME Silica Sand District on the industrial site now controlled by Homerun.’

    The US$ 1,100,000 purchase price under the Agreement is, to be paid as follows:

    • US$ 500,000 via wire transfer, in 5 equal and successive monthly installments, the first installment being due on June 25, 2026.
    • US$ 600,000 in Homerun common shares, priced at market value at the time of the Agreement which is CA$1.00, subject to TSX Venture Exchange approvals and the four-month statutory hold period and to re-purchase and anti-dumping clauses.

    The Agreement also transfers the standard Brazilian Mineral Lease/Royalty Rights for mineral exploration with Third Parties from resources within land/surface rights areas.

    About Homerun

    Homerun is building the silica-powered backbone of the energy transition across four focused verticals: Silica, Solar, Energy Storage, and Energy Solutions. Anchored by a unique high-purity low-iron silica resource in Bahia, Brazil, Homerun transforms raw silica into essential products and technologies that accelerate clean power adoption and deliver durable shareholder value.

    • Silica: Secure supply and processing of high-purity low-iron silica for mission-critical applications, enabling premium solar glass and advanced energy materials.
    • Solar: Development of Latin America’s first dedicated 1,000 tonne per day high-efficiency solar glass plant and the commercialization of antimony-free solar glass designed for next-generation photovoltaic performance.
    • Energy Storage: Advancement of long-duration, silica-based thermal storage systems and related technologies to decarbonize industrial heat and unlock grid flexibility.
    • ⁠Energy Solutions: AI-enabled energy management, control systems, and turnkey electrification solutions that reduce costs and optimize renewable generation for commercial and industrial customers.

    With disciplined execution, strategic partnerships, and an unwavering commitment to best-in-class ESG practices, Homerun is focused on converting milestones into markets—creating a scalable, vertically integrated platform for clean energy manufacturing in the Americas.

    On behalf of the Board of Directors of
    Homerun Resources Inc.

    ‘Brian Leeners’

    Brian Leeners, CEO & Director
    brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

    Tyler Muir, Investor Relations
    info@homerunresources.com / +1 306-690-8886 (WhatsApp)

    FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

    The information contained herein contains ‘forward-looking statements’ within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be ‘forward-looking statements’.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) 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/282364

    News Provided by TMX Newsfile via QuoteMedia

    This post appeared first on investingnews.com

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    Randy Smallwood Makes the Case for Gold Streaming in High-Price Market

    Investing 4 Mins Read

    Gold streaming took center stage at the Vancouver Resource Investment Conference (VRIC) last week as Randy Smallwood, president and chief executive officer of Wheaton Precious Metals (TSX:WPM,NYSE:WPM)s, laid out why the model is drawing renewed investor attention amid record gold and silver prices.

    Speaking during a fireside chat at the conference, Smallwood positioned streaming as a lower-risk way for investors to gain exposure to precious metals at a time when rising commodity prices are amplifying cost pressures across the mining sector.

    “From the investor’s perspective, streaming is a much lower risk way of investing into the precious metal space,” Smallwood said.

    Under a streaming agreement, companies like Wheaton provide upfront capital to mining operators in exchange for a percentage of future metal production, typically at a fixed cost per ounce. That structure, he said, shields streamers from many of the operational risks that weigh on traditional miners.

    “One of the biggest failures in the mining industry is cost delivery—capital cost and operating cost,” Smallwood said. “When you’re investing into a streaming company, you take that risk out. Our costs are all defined in the contract.”

    At current prices, that distinction has become more pronounced. Gold has been trading above US$5,000 per ounce, while silver recently pushed past US$100, levels that have reignited investor interest but also raised concerns about inflation in mining costs.

    Smallwood said Wheaton’s model allows it to maintain high margins even in a higher-price environment, noting that the company’s average production payment last year was “probably $500 per gold equivalent ounce.”

    “It’s a very good time to be in a streaming business,” he said.

    Wheaton in particular is coming off a strong 2025. Smallwood said the company expects 2025 production to come in near the top of its previously guided range of 600,000 to 670,000 gold equivalent ounces, with cash costs slightly below US$500 per ounce. Updated guidance is expected mid-February.

    The company has also been active on the deal front. In 2025, Wheaton committed roughly US$1 billion across several transactions, including investments in the Spring Valley project in Nevada and the Hemlo gold mine in Ontario.

    The Hemlo transaction, finalized in November, illustrates how streaming fits into broader mine recapitalizations. As Barrick Mining (TSX:ABX,NYSE:B) exited the asset, Wheaton closed a previously announced gold stream with the mine’s new owner, providing US$300 million in upfront funding as part of a larger financing package.

    How does streaming works?

    Gold streaming and royalty agreements offer investors exposure to precious metals while limiting many of the operational risks faced by traditional mining companies.

    Under a typical royalty agreement, a royalty company provides funding for the exploration or development of a project in exchange for a percentage of future revenue if the mine enters production.

    Streaming arrangements are similar but differ in structure: instead of receiving revenue, streaming companies take delivery of a fixed portion of the metal produced, or retain the right to purchase that metal at a predetermined price well below market value.

    These structures benefit both sides of the transaction. Mining companies gain access to substantial upfront capital during the costly construction or expansion phases of a project, without taking on debt or issuing equity at a discount.

    Streaming and royalty companies, meanwhile, secure long-term exposure to gold and silver production at fixed costs, insulating them from cost overruns, operating inflation and many of the risks associated with mine ownership.

    One of the most prominent examples is Franco-Nevada (TSX:FNV,NYSE:FNV)’s stream on Lundin Mining (TSX:LUN,OTCPL:LUNMF)’s Candelaria copper mine in Chile. As part of Lundin’s 2014 acquisition of Freeport-McMoRan (NYSE:FCX)’s stake in the asset, Franco-Nevada provided US$648 million in exchange for a majority stream of Candelaria’s gold and silver production, delivered at prices far below prevailing market levels.

    Smallwood said the higher-price environment has also broadened the pipeline of potential streaming opportunities.

    “The era of multi-billion-dollar streams is coming,” he said, pointing to major producers looking to crystallize value from precious-metal by-products to fund large capital programs in copper and other base metals.

    Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com

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    Crypto Market Update: Bitcoin Drops to New Lows After Weekend Sell-off

    Investing 5 Mins Read

    Here’s a quick recap of the crypto landscape for Monday (February 2) as of 9:00 a.m. UTC.

    Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

    Bitcoin and Ether price update

    Bitcoin (BTC) was priced at US$76,827.62, down by 0.9 percent over 24 hours.

    Bitcoin price performance, February 2, 2025.

    Chart via TradingView

    Bitcoin slid to its lowest level since April last year over the weekend, briefly touching the US$74,000 mark. The drop capped Bitcoin’s fourth consecutive monthly decline and its longest losing streak in seven years.

    “The crypto market is currently suffering from panic among speculative participants,” said Samer Hasn, senior market analyst at XS.com, pointing to a steep contraction in derivatives activity and persistent outflows from spot Bitcoin exchange-traded funds.

    According to CoinGlass data, total crypto futures open interest has fallen to US$109 billion, down 53 percent from its all-time high, while Bitcoin futures open interest alone has declined 44 percent from peak levels.

    Geopolitical uncertainty has added another layer of strain. “Concerns surrounding the situation with Iran were the main news factor weighing on the market,” said Vasily Shilov, chief business development officer at SwapSpace. Shilov noted that heightened geopolitical rhetoric, combined with trade threats and the Federal Reserve’s decision to keep rates unchanged, has pushed investors toward liquid assets and away from higher-risk exposure.

    Some analysts caution that bearish sentiment may persist into the first half of the year. Ray Youssef, chief executive officer of NoOnes, said capital outflows into precious metals and uncertainty around US fiscal policy have tilted market dynamics firmly in favor of sellers.

    While Bitcoin found temporary support near US$75,000, Youssef said the US$73,000 level is now critical, with a sustained break potentially accelerating losses. Investors now look towards upcoming developments on US economic data and the Congress’ direction on crypto policy as signals on whether the current drawdown marks another stress test or the start of a deeper bear phase.

    Ether (ETH) was priced at US$2,248.63, down by 3.3 percent over the last 24 hours.

    Altcoin price update

    • XRP (XRP) was priced at US$1.59, trading flat over 24 hours.
    • Solana (SOL) was trading at US$101.74, down 2.4 percent over 24 hours.

    Today’s crypto news to know

    Bitcoin weekend slide wipes out Trump-era rally

    Bitcoin’s latest sell-off has erased the entirety of its Trump-era gains, with prices tumbling over the weekend to around US$77,000 amid thin liquidity and forced liquidations.

    The drop accelerated after Bitcoin failed to hold the US$80,000 level, briefly slipping below US$76,000 and triggering rapid sell-offs that shaved thousands of dollars off the price in minutes.

    Notably, the drop also pushed Bitcoin below the average entry price of Strategy (NASDAQ:MSTR), a symbolic line that added pressure in a market already jittery from slowing ETF inflows and elevated leverage.

    The downturn marks the cryptocurrency’s lowest level since April 2025, when markets were rattled by US tariff announcements under Donald Trump. In total, Bitcoin is now down nearly 12 percent year to date and roughly 25 percent since Trump’s second-term inauguration, reversing a rally that once carried it close to US$125,000 on hopes of crypto-friendly policy.

    Those expectations included looser regulation, the passage of stablecoin legislation, and the winding down of high-profile enforcement cases. Instead, tariff threats and persistent geopolitical tensions have undercut the “digital gold” narrative.

    Analysts are now watching the US$74,500 and US$69,000 levels as potential stress points, warning that a break could deepen the risk-off move.

    Washington scrambles to salvage landmark crypto bill

    Senior Wall Street bankers, crypto executives, and policymakers are set to meet in Washington as the fate of the long-awaited Clarity Act hangs in the balance, sources familiar with the matter told CoinDesk.

    The White House has stepped in to mediate a standoff between major banks and crypto firms, including Coinbase, over whether platforms should be allowed to pay yield on stablecoin balances.

    The bill is designed to establish clear lines of authority across US crypto markets, covering everything from exchanges and DeFi to tokenized real-world assets. Supporters say passing it would cement crypto’s legitimacy within mainstream finance and open the door for deeper bank participation.

    But progress has stalled after the Senate Agriculture Committee advanced part of the bill on a narrow, party-line vote, raising doubts about its ability to win broader Democratic support.

    Coinbase CEO Brian Armstrong has publicly criticized recent drafts, arguing that certain key amendments would undermine stablecoin incentives.

    Chinese crime networks moved US$16 billion in crypto last year, report finds

    Chinese-language organized crime groups moved an estimated $16 billion in cryptocurrency in 2025, accounting for roughly one-fifth of global illicit crypto activity, according to a new report from Chainalysis.

    These networks rely heavily on Telegram-based “guarantee” channels that act as informal escrow and marketing hubs for money laundering services. Investigators say the platforms facilitate not just laundering, but also human trafficking, scam operations, and the sale of equipment used in Southeast Asian fraud centers.

    Stablecoins such as USDT and USDC are favored for their liquidity and lower volatility, which helps criminals avoid losses while moving funds. Chainalysis estimates the networks laundered roughly US$44 million per day, often serving clients ranging from organized crime syndicates to sanctioned state actors.

    Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

    Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com

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    Is it Time to Take Profits? Experts Share Gold and Silver Strategies in Vancouver

    Investing 8 Mins Read

    Optimism was building at last year’s Vancouver Resource Investment Conference (VRIC), with fresh capital flowing back into the mining sector, lifting project financings and investor portfolios alike.

    This year’s VRIC, which ran from January 25 to 26, saw that optimism tip into outright exuberance.

    Record-breaking gold and silver prices drew a larger, more diverse crowd, while speakers openly compared the current market to the great bull runs of the late 1970s and early 1980s.

    Yet beneath the enthusiasm, a note of caution emerged. While few questioned the strength of the rally, debates centered on whether the move is still in the early innings or edging closer to bubble territory.

    Gold, silver and the need to take profits

    Precious metals were front and center throughout VRIC.

    The price of gold crossed the US$5,200 per ounce mark during the show, and silver’s incredible run peaked at US$116 per ounce, gaining more than 250 percent since January 2025.

    Over the past couple of years, gold’s shine has been brought about by significant central bank buying. Considered the ultimate buy-and-hold participants, these entities have been acquiring large quantities of gold for several reasons, including runaway global debt and concerns over the weaponization of the US dollar.

    Central bank purchases, along with geopolitical and financial uncertainty, have helped to revive a beleaguered retail segment, effectively pouring gasoline onto the fire.

    For silver, structural shortages that have developed over the past several years came into focus and were exacerbated by a surge of investors seeking a cheaper physical asset alternative to gold.

    Flashpoints in the Middle East, a simmering trade war driven by tariff threats, disrupted supply lines and currency devaluation have also helped bring the monetary aspects of gold and silver to the forefront.

    In the 2026 ‘Gold Forecast’ panel at VRIC, Gold Royalty (NYSEAMERICAN:GROY) Chair and CEO David Garofalo explained why precious metals were one of the best-performing asset classes last year.

    “Gold has been a one-way trade for 50 years … the purchasing power of our dollars has gone down 99 percent over that period of time. The negative correlation between the gold price and the purchasing power of our underlying currencies is undeniable,” he said, adding that “gold can only go in one direction.”

    Garofalo added that the debt-to-GDP ratio rose to 350 percent in 2025 from 100 percent in the 1970s, creating a “ticking time bomb” that leaves central banks with no wiggle room to raise interest rates. “Gold can only go in one direction in that market because there is a limited supply of gold. Gold can’t be printed,” Garofalo said.

    With those circumstances in mind, how high can gold and silver prices go? There were differing perspectives throughout the conference on whether precious metals are in a bull market or a bubble.

    At the ‘This Isn’t Our First Bull Market’ panel, Ross Beaty, Equinox Gold (TSX:EQX,NYSEAMERICAN:EQX) chair and Canadian Mining Hall of Famer, was one of those who suggested the market is in a bubble.

    He also compared the state of the market to the late 1970s and early 1980s, and spoke about how gold went above US$700 per ounce before crashing to US$250 an ounce in a matter of months. “You only know you’re at the top after the fact. From my standpoint today, it is. It’s a bubble, it’s a frothy market,” Beaty said.

    Fellow panelist Rick Rule, proprietor at Rule Investment Media, didn’t go so far as to say the market is in a bubble, but did point out that even in a strong bull market, there are risks.

    He pointed out that in 1975, as the gold bull market was running, the gold price fell by half.

    Both speakers suggested there is still upside in the market, but acknowledged that now is a good time for investors to take some profits. For his part, Beaty was blunt in his advice.

    “It is time to take some money off the table. I think probably not all, because I think we have more room to run, but we’re not in the early innings of this game, we’re in the late innings,” he said.

    Rule’s approach was more one of preparation, especially for less experienced investors.

    “If you aren’t financially and psychologically prepared to deal with 30 or 35 percent declines, or 50 percent declines, you really have to get some money in the bank now, because you’re going to experience that,” Rule said.

    During VRIC, Rule also spoke about how he recently sold off 25 percent of his junior mining portfolio, noting, “I sold off 25 percent of my upside, and I eliminated 100 percent of my downside.”

    Copper, uranium and the AI bubble

    If industry stalwarts like Beaty, Rule and Garofalo are suggesting it’s time to take some money off the table, were there any suggestions where to look next?

    On the gold panel, Incrementum AG Managing Partner and Fund Manager, Ronald-Peter Stöferle gave insight that his fund had cycled funds from precious metals into other areas of the resource sector.

    “We reallocated some capital, took some profits, because the risk has been too dominant and reallocated into oil, into copper, into uranium,” he said.

    What’s become more apparent over recent years is the growing need to add gigawatts to the electrical grid. To meet growing demand, electricity must be generated, and uranium is increasingly used as a fuel. However, delivering it requires infrastructure, and copper remains one of the best ways to do so.

    However, both copper and uranium have demand exceeding supply.

    While copper has been in balance over the last couple of years, incidents at Freeport-McMoRan’s (NYSE:FCX) Grasberg mine and Ivanhoe’s (TSX:IVN,OTCQX:IVPAF) Kamoa-Kakula mines tipped the market into supply deficits in 2025, and it’s likely to stay there for some time.

    Both copper and uranium have been increasingly tied to the artificial intelligence (AI) revolution.

    At the ‘Copper Forecast’ panel, Independent Speculator Editor Lobo Tiggre noted the connection but pointed out that underlying fundamentals beyond AI continue to make the case for investing in copper and uranium. He noted that the release of Chinese AI DeepSeek affected Western equities tied to the AI boom.

    “If you think it (AI) is a bubble, remember what happened in the DeepSeek moment. Copper wobbled, uranium wobbled … The good news, in my view, is that means that whenever the next wobble comes, there’s potentially a buying opportunity, given the fundamentals we’re talking,” he said.

    The fundamentals are that AI and data centres are just additional demand. Through several of his appearances, Rick Rule noted that there are a billion people on the planet who don’t have access to reliable electricity.

    Additionally, global infrastructure needs to be upgraded as more people rely on electricity for a wider range of uses, including EVs. However, there are only a few new mines on the horizon, and not enough to meet baseline demand.

    Ivan Bebek, CEO and chair of Coppernico Metals (TSX:COPR,OTCQB:CPPMF), said on the copper panel that all the easy copper deposits have been found.

    “Copper mines are hidden behind geopolitical boundaries, social issues or undercover. They’re mined, and all the easy ones have been found. Look at the chart I presented earlier, and it shows the decline basically falls off a cliff in 2015. There hasn’t been any major copper discovery of consequence since then,” he said.

    It’s not just a lack of discovery; copper mines require significant capital investment and can take decades to complete permitting.

    Likewise, uranium is in a similar boat. Although it’s far from its US$140 per pound high in 2007, uranium has solid supply and demand fundamentals and has significant upside potential.

    In his fireside chat, Uranium Energy (NYSEAMERICAN:UEC) CEO Amir Adnani said that he expects uranium prices to continue to increase.

    “The uranium price has no business hanging around under US$100 per pound. The uranium price should be doing what silver and gold are doing. It will do that, in my opinion, because it is fundamentally in a structural deficit,” he said.

    Adnani pointed to a cumulative shortage of 379 to 840 million pounds over the next 10 to 15 years, and stated it should be at least US$1,000 per pound. He noted that both China and the US have designated uranium a critical mineral, with the US even establishing a strategic reserve.

    Investors are faced with choices

    With consensus at the conference that AI is a bubble that’s ready to burst, the overall fundamentals for copper and uranium remain strong even without it.

    As for precious metals, given the strain on global financial systems in recent years, and uncertainty when it comes to US debt loads and a weakening US dollar, they should still hold a place in an investor’s portfolio.

    However, as many at the conference suggested, the time to take profits is before the peak, not after investors look back on it.

    Though some suggest cycling that money into other equities to take advantage of copper and uranium, there was also the suggestion that holding cash can be a good thing, remaining liquid and ready to take advantage of pullbacks and corrections in the market.

    Securities Disclosure: I, Dean Belder, hold an investment interest in Equinox Gold.

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    Ross Beaty: Gold, Silver in “Bubble Territory,” What Happens Next?

    Investing 1 Min Read

    Ross Beaty of Equinox Gold (TSX:EQX,NYSEAMERICAN:EQX) and Pan American Silver (TSX:PAAS,NASDAQ:PAAS) shares his thoughts on gold and silver’s record-setting runs.

    While high prices are exciting, he noted that even US$50 per ounce silver is good for miners.

    ‘At the end of the day, there’s still great value in the silver equities,’ Beaty said.

    Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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    Lobo Tiggre: Gold, Silver Hit Record Highs, Next “Buy Low” Sector

    Investing 1 Min Read

    Did gold and silver just experience a blow-off top, or do they have more room to run?

    Lobo Tiggre, CEO of IndependentSpeculator.com, shares his thoughts on what’s going on with the precious metals, and how investors may want to position.

    Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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    Top 5 Canadian Mining Stocks This Week: Vangaurd Mining Gains 141 Percent

    Investing 10 Mins Read

    Statistics Canada released November’s gross domestic product (GDP) data on Friday (January 30). The numbers show that the economy remained flat overall with the prior month, following a 0.3 percent decline in October.

    The goods-producing industries fell by 0.3 percent in November, weighed down by a 1.3 percent contraction in manufacturing and a 2.1 percent decline in wholesale trade amid ongoing trade tensions between Canada and the United States.

    Declines were offset by increases to the retail trade sector, which grew 1.3 percent alongside a 0.9 percent increase to the transportation and warehousing sector.

    The release also included advanced data for December that shows real GDP increased by 0.1 percent. Although the data for the month are preliminary, they point to a 0.1 percent contraction in the fourth quarter and a 1.3 percent annual gain in 2025.

    This week also marked the first rate-setting meetings of 2026 by the Bank of Canada and the US Federal Reserve.

    Both central banks decided to keep their rates unchanged. On Wednesday (January 28), the BoC reported it would maintain its benchmark rate at 2.25 percent. In its announcement, the bank said the outlook remains little changed from its October projection but noted it is vulnerable to evolving US trade policy and geopolitical risks.

    South of the border, the Fed held its Federal Fund Rate at 3.25 percent to 3.75 percent. In its announcement, the Fed shared similar sentiments, suggesting that uncertainty remained elevated.

    Against that backdrop, gold and silver experienced significant volatility this week, with prices for both metals dropping on Thursday (January 29). Gold fell from above US$5,500 toward the US$5,100 mark during the first hour of trading on US markets, while silver fell from the US$120 mark to around US$108.

    Both metals rebounded on the day, posting slight losses from their opening levels, but on Friday prices collapsed further, with gold trading below US$4,800 and silver approaching US$80 in morning trading.

    For more on what’s moving markets this week, check out our top market news round-up.

    Markets and commodities react

    Canadian equity markets were in retreat to end the week.

    The S&P/TSX Composite Index (INDEXTSI:OSPTX) lost 3.4 percent over the week to close Friday at 31,923.52, while the S&P/TSX Venture Composite Index (INDEXTSI:JX) fared worse, shedding 8.15 percent to 1,051.08. The CSE Composite Index (CSE:CSECOMP) dropped 9.54 percent to 169.92.

    The gold price saw significant declines from mid-week highs, losing 9.76 percent during Friday’s trading day. However, it fell just 1.76 percent from the week’s start to close at US$4,840.76 per ounce on Friday at 4:00 p.m. EST.

    The silver price fared even worse, plummeting 28.17 percent on Friday, and closing the week 13.62 percent lower overall at US$83.43 on Friday.

    In base metals, the Comex copper price recorded a 1.32 percent drop this week to US$5.98.

    On the other hand, the S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) was up 4.24 percent to end Friday at 598.20.

    Top Canadian mining stocks this week

    How did mining stocks perform against this backdrop?

    Take a look at this week’s five best-performing Canadian mining stocks below.

    Stocks data for this article was retrieved at 2:00 p.m. EST on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

    1. Vanguard Mining (CSE:UUU)

    Weekly gain: 141.18 percent
    Market cap: C$29.82 million
    Share price: C$0.41

    Vanguard Mining is an exploration company working to advance a portfolio of uranium, copper and nickel assets in Canada and Paraguay. Its flagship project is the Yuty Prometeo uranium project in Paraguay.

    Among its properties is the Redonda copper and molybdenum project near Campbell River, British Columbia. The site consists of nine mineral claims covering 2,746 hectares and hosts porphyry-style mineralization.

    On Tuesday (January 27), Vanguard announced plans for its phase 2 drill program at Redonda, comprising up to 7 holes totaling 2,800 meters, targeting areas in the southeast portion of the property between historic drill holes.

    The company also said it would conduct detailed mapping and prospecting in the northern and western portions of Redonda to identify additional priority drill targets and would use phase 1 results to refine targeting.

    The program is being advanced quickly to build on drilling results that “confirmed a significantly expanded copper-molybdenum mineralized system at Redonda,” the company said.

    2. San Lorenzo Gold (TSXV:SLG)

    Weekly gain: 85.6 percent
    Market cap: C$185.63 million
    Share price: C$2.32

    San Lorenzo Gold is an exploration company working to advance its Salvadora project in the Chañaral province of Chile.

    The property consists of 25 exploration and nine exploitation concessions covering an area of 8,796 hectares. It hosts a large copper and gold porphyry system with several significant targets. According to the project page, the site geology resembles that of the nearby Codelco-owned Salvador copper mine, which has operated since the early 1950s and is expected to continue until the mid-2060s following an expansion.

    On January 26, San Lorenzo provided assay results from the first hole of a drilling program at the Cerro Blanco target at Salvadora. The hole was drilled to a depth of 472 meters, of which it encountered 222.4 meters of mineralization across five sections. The widest interval graded 1.09 grams per metric ton (g/t) gold over 132.2 meters from a depth of 201.5 meters.

    The company said it believes the mineralization represents the upper level of a porphyry system and that it suggests a continuation of the system encountered during drilling at the site in 2025.

    3. Ameriwest Critical Metals (CSE:AWCM)

    Weekly gain: 75.76 percent
    Market cap: C$14.69 million
    Share price: C$0.58

    Ameriwest Critical Minerals is an exploration company with a portfolio of assets in British Columbia, Canada, as well as the US states of Nevada, Oregon and Arizona.

    The company announced in August that it was changing its name from Ameriwest Lithium to better reflect a portfolio diversifying into copper and rare earth minerals.

    In October 2025, Ameriwest entered into a definitive agreement for the option and potential purchase of the Xeno RAR rare earth mineral claims in British Columbia. Under the terms of the deal, Ameriwest will pay C$55,000 in cash considerations, C$125,000 in exploration expenses over 18 months, a 2 percent net smelter return royalty and 2 million shares.

    Then, in November, the company completed the acquisition of 34 unpatented mineral claims in Oregon that form the Bornite copper project in exchange for US$100,000 and a 2 percent net smelter return royalty.

    Previous exploration of the Bornite property by Plexus in the 1990s identified a historic resource of 138.5 million pounds of copper, 54,000 ounces of gold and 1.7 million ounces of silver from 3.2 million metric tons of ore. Ameriwest’s current CEO was part of the Plexus team who explored Bornite.

    In addition to its recently acquired properties, Ameriwest also owns the Thompson Valley lithium project in Arizona and the Railroad Valley lithium project in Nevada.

    The most recent news from the company came on January 20, when it upsized a non-brokered private placement from C$2 million to C$3 million. The company said proceeds would be used to accelerate exploration efforts at its Bornite project.

    In the release, Ameriwest says its long-term goal at the project, if results, financing and permitting are successful, is “evaluating the development of an approximately 1,000-tonne-per-day underground copper mining operation.”

    4. Tectonic Metals (TSXV:TECT)

    Weekly gain: 61.78 percent
    Market cap: C$217.87 million
    Share price: C$2.54

    Tectonic Metals is a gold exploration company working to advance the Flat project in Alaska, US.

    The project covers 98,840 acres in Western Alaska and hosts a reduced intrusion-related gold system and six district-scale targets. According to Tectonic, the mineralization is analogous to Kinross Gold’s (TSX:K,NYSE:KGC) Fort Knox mine in Eastern Alaska.

    Among the targets is the Chicken Mountain intrusion, where exploration has identified 3 kilometers of mineral strike that remains open in all directions. Each of the 87 holes drilled at Chicken Mountain have intercepted gold.

    The most recent update from the Flat project came on Thursday, when Tectonic announced results from 20 drill holes across four target areas.

    Most significantly, its first drilling at the Black Creek intrusion, located 6 kilometers north of Chicken Mountain, discovered a new gold zone. The discovery hole, which started from surface, returned grades of 4.5 g/t gold over 48.77 meters. This included a core interval of 7.79 g/t over 24.38 meters, inside of which was a 6.1 meter interval grading 15.19 g/t.

    The company said drilling has now confirmed gold mineralization across five intrusion targets: Chicken Mountain, Alpha Bowl, Golden Apex, Black Creek and Jam. It also said that results from 14 other holes are still pending.

    5. Golden Lake Exploration (CSE:GLM)

    Weekly gain: 60 percent
    Market cap: C$12.48 million
    Share price: C$0.12

    Golden Lake Exploration is a gold exploration company that owns the Jewel Ridge gold project in Nevada, United States.

    The project sits along the prolific Battle Mountain–Eureka Gold trend, which has produced more than 40 million ounces to date and hosts operations from McEwen Mining (TSX:MUX,NYSE:MUX) and North Peak Resources.

    More than 700 meters of strike have been identified on the property across three primary targets: Eureka Tunnel, Jewel Ridge and Hamburg.

    On Wednesday, Golden Lake announced that it had entered into a definitive agreement to be wholly acquired by McEwen Mining and become its subsidiary. Among the highlights of the deal is the ability for Jewel Ridge to be integrated into McEwen’s neighboring Gold Bar mine complex, providing access to infrastructure and funding.

    FAQs for Canadian mining stocks

    What is the difference between the TSX and TSXV?

    The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

    How many mining companies are listed on the TSX and TSXV?

    As of December 2025, 898 mining companies and 71 oil and gas companies are listed on the TSXV, combining for more than 60 percent of the 1,531 total companies listed on the exchange.

    As for the TSX, it is home to 175 mining companies and 51 oil and gas companies. The exchange has 2,089 companies listed on it in total.

    Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.

    How much does it cost to list on the TSXV?

    There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

    The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

    These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

    How do you trade on the TSXV?

    Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

    Article by Dean Belder; FAQs by Lauren Kelly.

    Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

    Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com

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    Editor’s Picks: Gold and Silver Prices Hit New Highs, Then Drop — What’s Next?

    Investing 3 Mins Read

    Gold and silver are wrapping up a record-setting week once again.

    Starting with gold, the yellow metal left market participants hanging last week after finishing just shy of US$5,000 per ounce. However, it made up for it in spades this week, breaking through that level and continuing on up to smash through US$5,500.

    Silver was no slouch either. After hitting triple digits at the end of last week it moved even higher this week, spending time above US$121 per ounce.

    Unfortunately, it didn’t take long for those questions to be answered.

    Gold and silver prices dropped precipitously as the week drew to a close, with the yellow metal finishing Friday (January 30) just below US$4,900 and silver sitting at about the US$85 level.

    What’s going on, and more importantly, what should investors do?

    Let’s tackle what’s going on first. The broad consensus from the experts I spoke to at VRIC was that gold and silver prices continue to be driven by elements that have been in play for years, such as strong central bank gold buying and silver’s persistent deficit. But both metals have new factors contributing to their gains.

    Adrian Day of Adrian Day Asset Management highlighted two points that have changed for gold, with the first being increasing global chaos. Here’s how he explained it:

    Day also mentioned gold purchases from stablecoin issuer Tether as a new factor for gold:

    On the silver side, the dynamics are undeniably complex, but Willem Middelkoop of the Commodity Discovery Fund summed it up like this:

    So how should investors approach this environment? Personalization was a major theme among the people I spoke to at VRIC, with many emphasizing the importance of understanding why you own the assets in your portfolio and what circumstances would lead you to sell.

    Here’s Lobo Tiggre of IndependentSpeculator.com on how that could look right now:

    With that said, two key themes emerged when it comes to what experts are doing now.

    The first is silver stocks. Multiple market watchers, including Rick Rule of Rule Investment Media, believe silver stocks are set to move higher now that the metal itself has broken out.

    Rule said he sold 80 percent of his physical silver and used around half of the money to buy silver companies. This is why he did it:

    The second place people are rotating to is oil and gas stocks. You may remember that I touched on this in last week’s video, and the theme strengthened at VRIC — Rick himself took 25 percent of the money he made selling physical silver and put it in oil and gas stocks.

    While opinions differ on whether now is the exact right time to buy, I heard multiple times that senior dividend-paying oil and gas companies are a play to consider for those who have taken profits in the gold and silver sector and are looking for the next ‘buy low’ opportunity.

    Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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