Resource Development

Grounded Lithium PFS Shows C$125M NPV, 11% IRR for Kindersley

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Grounded Lithium PFS Shows C$125M NPV, 11% IRR for Kindersley

CALGARY – October 29, 2026 -- Grounded Lithium Corp. (TSXV: GRD) has filed a pre-feasibility study for the Kindersley Lithium Project (KLP) reporting an NPV8 of C$125 million and an after-tax IRR of 11% for a first phase covering only 13% of the project area.

Stantec study for Grounded Lithium and Denison is dated June 26, 2026

The NI 43-101 technical report, "Kindersley Lithium Project – Phase 1 Pre-Feasibility Study," was prepared by Stantec Consulting Ltd. for GLC and its project partner Denison Mines Corp. It follows a company news release dated October 13, 2026. The PFS rests on a considerably smaller land base than the 2023 PEA. The KLP resource base totals about 1.0 million metric tonnes of lithium carbonate equivalent, combining Mineral Reserves with Measured and Indicated Resources.

Hot Chili Confirms Second Porphyry Centre at La Verde South

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Hot Chili Confirms Second Porphyry Centre at La Verde South

Perth – October 19, 2026 -- Hot Chili (ASX: HCH, TSXV: HCH, OTCQX: HHLKF) has confirmed a second porphyry centre, La Verde South, after its first step-out hole returned 148 m grading 0.44% copper equivalent (CuEq) at the La Verde copper-gold discovery in Chile. The company says the find near-doubles the growth potential of La Verde, which sits 30 km south of the planned central processing hub for its Costa Fuego project.

Step-out hole DKP084 intersects 148 m at 0.44% CuEq beneath shallow gravel

Reverse circulation hole DKP084 was collared about 250 m south of La Verde's +0.4% copper footprint, which more than 40,000 m of drilling has defined. It returned 148 m at 0.44% CuEq (0.39% Cu, 0.07 g/t Au) from 36 m. That includes 44 m at 0.56% CuEq (0.50% Cu, 0.06 g/t Au) from 138 m.

Ensorcia Moves to Acquire Argentina Wildcats, Lifting Holdings to 67,000 ha

New York – October 14, 2026 -- Ensorcia Group Holdings, LLC has signed a binding letter of intent to acquire Argentina Wildcats, LLC (AW), a deal that would add roughly 50,000 hectares of lithium ground in Argentina and take the company's combined holdings to approximately 67,000 hectares.

Cash deal for 100% of AW comes with contingent consideration

Ensorcia will buy all of AW's outstanding membership interests for cash, plus additional contingent consideration. The source gives no price or contingent terms. Closing remains subject to confirmatory legal review and other customary conditions.

AW holds interests in the former LEXI lithium property.

Drilling and brine testing preceded the decision

Ensorcia moved ahead after drilling and flow testing on the AW property and an evaluation of brine sample results. That evaluation included testing by International Battery Metals Ltd. (IBAT).

Blue Moon Acquires Turner VMS Project, Eyes 1,800 TPD Nevada Mill

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Blue Moon Acquires Turner VMS Project, Eyes 1,800 TPD Nevada Mill

Grants Pass, Oregon – September 24, 2026 -- Blue Moon has agreed to acquire 100% of the Turner copper-gold-zinc-silver-cobalt project in Oregon, targeting a combined processing hub with its Blue Moon Mine that would feed a new 1,800 tonnes-per-day mill at the Springer complex in Nevada.

The definitive agreement was executed on September 24, 2026, with completion expected in November 2026, subject to TSX-V approval. The transaction covers approximately 634 acres of private land and 15 unpatented lode mining claims, including three patented claims totaling 60 acres, all subject to an existing 1.5% net smelter return royalty and no other encumbrances. No off-takes or streams have been sold on the project, and no finders' fees are being paid on the arms-length deal.

Franco-Nevada Adds A$200M Royalty, Equity Deal for Bullabulling Gold

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Franco-Nevada Adds A$200M Royalty, Equity Deal for Bullabulling Gold

Toronto – September 17, 2026 -- Franco-Nevada Corporation has agreed to a A$200 million (approximately $144 million) follow-on financing package with Minerals 260 Limited to advance the Bullabulling Gold Project in Western Australia, lifting its total backing of the project to an aggregate A$420 million (approximately $300 million).

The package comprises a A$170 million (approximately $122 million) gross royalty acquisition and a A$30 million (approximately $22 million) equity subscription as lead order in a future Minerals 260 capital raise.

First Mining Reports High-Grade Gold Hits at Duparquet's Miroir Zone

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First Mining Reports High-Grade Gold Hits at Duparquet's Miroir Zone

Vancouver – September 16, 2026 -- First Mining Gold Corp. (TSX: FF; OTCQX: FFMGF; FRANKFURT: FMG) has reported new high-grade gold intercepts from its 2026 drilling program at the Miroir target within the Duparquet Gold Project in Quebec's Abitibi region, extending the known mineralized strike length to approximately 220 metres from 150 metres in 2025.

Drill hole DUP26-093 returns 5.26 g/t gold over 19.55 metres

The intercept, from 182.0 m to 201.55 m depth, included 7.58 g/t Au over 12.95 m and a higher-grade section of 21.80 g/t Au over 1.0 m. Drill hole DUP26-096 returned 3.43 g/t Au over 28.0 m from 234.35 m to 262.35 m, including 10.36 g/t Au over 7.2 m, plus a secondary zone of 2.99 g/t Au over 4.6 m and 4.90 g/t Au over 2.7 m.

Falcon Gold Starts Field Exploration at West Hammond Near Hammond Reef

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Falcon Gold Starts Field Exploration at West Hammond Near Hammond Reef

Vancouver, BC – September 16, 2026 -- Falcon Gold Corp. (TSXV: FG) has commenced field exploration at its West Hammond Contact Property in northwestern Ontario, a 156-claim, 3,068-hectare land package within the Atikokan–Hammond Reef Gold District.

Falcon targets satellite gold systems near a multi-million-ounce deposit

The West Hammond program sits adjacent to Agnico Eagle's Hammond Reef deposit, which holds approximately 3.3 million ounces of probable gold reserves and an additional 2.3 million ounces of measured and indicated resources as of September 16, 2026, according to Agnico Eagle's public disclosure. Gold was first discovered at Hammond Reef in 1895, and the deposit was subsequently advanced by Brett Resources and Osisko before entering Agnico Eagle's portfolio. It has received federal and provincial environmental approvals, though additional permits and a construction decision are still required.