HIGHLIGHTS Novo completed its maiden drill program at the Clone prospect as part of the Tibooburra Gold Project, in May 2025. The program comprised 14 RC holes for 1,984 m, testing 500 m of strike. Drilling produced significant high-grade gold intercepts including: 12 m @ 5.90 g/t Au from 16 m, including 5 m @ 13.74 g/t Au from 23 m 17 m @ 2.40 g/t Au from 59 m including 9 m @ 4.14 g/t Au from 59 m The peak intercept in hole TBR001 fills a 180 m gap in previous drilling by Manhattan Corporation Limited , where 9 m at 6.03 g/t Au from 16 m was intersected ~100 m to the south of TBR0001, and 6 m @ 8.39 g/t Au from 82 m , was intersected ~80 m to the north. Grade and width continuity has been successfully demonstrated by the RC drilling and indicates a shallow north plunge to the near-surface...

Millennial Potash Corp. is excited to announce that the U.S. International Development Finance Corporation has committed up to US $ 3,000,000 in project development funding in its Banio Potash Project in Gabon and on July 8 conducted a joint signing ceremony in Washington D.C. for this investment agreement with the President of Gabon, His Excellency Brice Oligui Nguema in attendance. The strategic investment, done under the DFC's Project Development Program, will support a Feasibility Study on the Company's Banio Potash Project in Gabon which will be initiated in the coming months. DFC is the U.S. Government's development finance institution that partners with the private sector to mobilize capital for strategic investments around the world. Farhad Abasov, Millennial's Chair,...

Red Pine Exploration Inc. is pleased to announce that it has closed its previously announced upsized brokered offering . The Offering was completed by way of a best-efforts Listed Issuer Financing Exemption of Offered Securities of the Company for aggregate gross proceeds of $8,500,000, in a combination of: a) 55,000,000 non-flow-through units of the Company that were issued at a price of $0.10 per NFT Unit for $5,500,000 in gross proceeds. Each NFT Unit will consist of one common share of the Company and one-half of one Common Share purchase warrant ; b) 12,500,000 flow-through units of the Company comprised of one Common Share and one-half of one Warrant. Each such Common Share and Warrant comprising a FT Unit qualifies as a "flow-through share" within the meaning of subsec...

First Phosphate Corp. is pleased to announce that it has closed its financing to the strategic investor and other follow-on investors, on terms as described in the Company's news release dated June 30, 2025. The Company raised a total of $3,229,529 through the issuance of 9,127,085 Flow-Through Shares at a price of $0.35 for gross proceeds of $3,194,479.75, and 100,142 Hard Dollar Units at a price of $0.35, comprised of 100,142 Common Shares and 50,071 Warrants, for gross proceeds of $35,049.70. The Offering was completed on substantially the same terms as the Company's earlier $1.0 million non-brokered private placement announced on May 9, 2025 which was oversubscribed for proceeds of $3.5 million and which closed on May 27 and June 2, 2025. Together with this Offering, the ...

Baru Gold announces to shareholders a non-brokered private placement consisting of up to 9,400,000 units priced at $0.085 per unit for total proceeds of $799,000. Each unit will comprise one common share in the capital of the Company and one non-transferable common share purchase warrant. Each warrant will entitle the holder to purchase over two years one additional share at an exercise price of $0.115. The financing is expected to close on or before July 15, 2025, as this offering is fully committed. This Private Placement is subject to re-pricing if the stock price increases following the release of news and that the use of proceeds of this financing will be used for working capital. Baru and Quantum Metal Thailand Co., Ltd are still undertaking due ...

GoldQuest Mining Corp. "GoldQuest" or the "Company") is pleased to announce the closing of the second and final tranche of its previously announced non-brokered private placement of common shares in the capital of the Company , originally announced on May 14, 2025. The first tranche of the Private Placement closed on June 2, 2025. Under the Second Tranche, the Company issued 10,972,222 Common Shares at a price of C$0.50 per share to Guess Investments Ltd. , an existing shareholder and insider of the Company, for gross proceeds of C$5,486,111. Guess Investments Ltd. is owned and controlled by a group of Dominican nationals, highlighting the strong and growing support from local investors for GoldQuest's projects in the Dominican Republic. Combined with the First Tranche, the C...

Nicola Mining Inc. is pleased to announce that it has commenced production of gold and silver concentrate at its wholly owned Merritt Mill, located approximately 15 kilometers from Merritt, British Columbia. In a news release dated July 18, 2024, Nicola announced the processing of a bulk sample mill feed from Talisker Resources Ltd. . The current announcement marks the transition to a long-term production plan. Following extensive upgrades-including automation, gravity separation, and water recirculation systems that underscore the Company's commitment to the environmental stewardship-Nicola is positioned to become a leading milling hub for high-grade gold and silver in British Columbia. In addition to Talisker, Nicola has entered into a partnership with Blue Lag...

Arctic Blue Diamonds announced the acquisition of an 89.7 percent interest in the WO Diamond Project, which hosts the large, high-grade DO27 kimberlite. A 72.1 percent interest was acquired from Peregrine Diamonds, a subsidiary of De Beers, and a further 17.6 percent interest was acquired from Archon Minerals Ltd. Arctic Blue is part of the Arctic Blue Group, which includes Arctic Blue, an online diamond jewelry retailer offering a large selection of Canadian fluorescent diamonds on arcticblue.com. As operator of the WO Joint Venture ("WO JV"), Arctic Blue holds the diamond marketing rights of future diamond production.

The WO Project encompasses eight mining leases covering 5,815 hectares located approx. 11 kilometers (km) off the seasonal ice road, 23km from the Diavik Diamond Mine and 53km from the Ekati Diamond Mine.

DO27 is one of the largest diamond-bearing kimberlites in Canada. The pipe has a surface area of approx. 9 hectares and lies below a shallow lake with an area of approx. 1 square km and an average depth of approx. 4 meters (m). By comparison, all the kimberlites mined at the Diavik Diamond Mine have surface areas less than 2 hectares, and most of the kimberlites at the Ekati Diamond Mine have surface areas less than 3 hectares.

Extensive delineation and resource drilling has been undertaken at DO27, including 114 core holes (24,185m) and 46 large diameter reverse circulation holes (8,840m). DO27 has been explored in detail to a depth of approx. 350m and remains open further to depth.

Based on drilling completed to date, the DO27 kimberlite hosts the following Mineral Resources:



Tonnes

(1,000,000s)


Carats

(1,000,000s)


Grade

(cpt)

Indicated Mineral Resource


19.5


18.2


0.94



Notes:

-


Effective data is August 7, 2008

-


Dr. Ted Eggleston, RM SME and Ken Brisebois, P.Eng. are the Qualified Persons for the estimate.

-


Mineral Resources are stated at an effective 1mm bottom cutoff and are constrained within a conceptual mining shell based on assumptions of a diamond price of US$72/carat, 100% metallurgical recovery, US$2.05/t mining costs with an incremental $0.02 per 10m depth, US$19.96/t operating costs including on-site scrubbing and an estimate for trucking to, and processing at, an off-site diamond processing facility.

At depth, beneath the Indicated Mineral Resource, an additional 6.5-8.5 million tonnes of kimberlite grading in the range of 0.8-1.0 carats per tonnes (cpt) represents a target for further exploration. The potential quantity and grade of this target is conceptual in nature. Further resource drilling will be required to define an expanded mineral resource. It is uncertain whether additional exploration will result in the target being delineated as a mineral resource.

Independent valuations of diamonds recovered from DO27 were conducted in 2006 and 2007 by WWW International Diamond Consultants Ltd. ("WWW"). The 2007 valuation was based on a parcel of 2,075 carats. The DO27 Mineral Resource declared in 2008 assumed an average rough diamond price of US$72 per carat. In July 2014, WWW provided a report showing a general upward trend of rough diamond prices since the 2007 valuation. Based on independent rough diamond price indices, the average rough diamond price for the DO27 parcel is now projected to have increased to between US$90 and US$100 per carat.

Unlike most kimberlites, the DO27 ore is extremely soft with a very low density. Based on this, Peregrine Diamonds retained AMEC Americas Ltd. to develop an Ore Concentrate Option whereby a simple ore washing process removes high quantities of unwanted fines fractions below 1mm and retains the +1mm ore fractions for final processing at an off-site diamond recovery plant. Testing of the DO27 kimberlite confirmed that approx. 90 percent of the ore in the first 60m depth interval will report to fines after the washing process. This significantly reduces the volume of diamond-bearing ore to be transported to an off-site diamond plant.

Arctic Blue Executive Chair Patrick Evans commented: "As some of the existing diamond mines approach the end of their economic lives, DO27 offers the opportunity to extend the life of the existing diamond plants by producing a very high-grade diamond concentrate of over 80 carats per tonne suitable for shipment to existing diamond recovery facilities, or alternatively to a purpose-built facility in Yellowknife."

Mr. Evans added: "The extremely soft nature of the DO27 ore also opens the potential for the deployment of Underwater Remote Mining (URM) technology. Kimberlites with soft, low-density ore can be mined most efficiently using URM systems. Besides offering exceptionally low capital and operating cost opportunities, URM is the most sustainable form of mining, with minimal impact on the environment."

The URM system for kimberlites was developed by IHC Mining, a division of Royal IHC ("IHC") of The Netherlands, and is based on decades of deep-sea mining and trenching experience. In 2018, Dominion Diamond Mines contracted IHC to develop a URM system for deployment at the Ekati Diamond Mine in Canada's Northwest Territories. Over the past seven years, various elements of URM systems have been tested, and capital and operating costs have been modeled. The test results confirmed that the most suitable system for underwater kimberlite mining is the "Crawler" system.

As announced by IHC Mining on September 14, 2022: "The underwater mining crawler is a remote operated continuous mining machine, equipped with the latest underwater control and positioning equipment. The ore is directly excavated with a drum cutter in small layers and eliminates the need for blasting explosives. From the crawler, the ore is pumped to the surface of the flooded pit via a vertical pipeline system to the Launch and Recovery Platform, from where the ore is transported further to a dewatering plant. The crawler system is capable of operating at a water depth of up to 400 meters."

The Ekati Diamond Mine's first mining crawler has been built at IHC's facility in the United Kingdom.

While the WO Project remains on care and maintenance, environmental, geological, and engineering studies will be undertaken to assess development opportunities for the DO27 kimberlite, including the potential for deployment of URM technology and production of a high-grade diamond concentrate for offsite treatment and final diamond recovery.

About Arctic Blue Diamonds Ltd.

Arctic Blue Diamonds Ltd. is a private NWT corporation focused on the development of the DO27 kimberlite in Canada's Northwest Territories. The Company is part of the Arctic Blue Group, including the online diamond jewelry retailer Arctic Blue LLC which offers a large selection of Canadian diamonds through www.arcticblue.com.

www.arcticbluediamonds.com

SOURCE Arctic Blue Diamonds Ltd.

Surge Copper Corp. is pleased to announce that, due to strong investor demand, it has upsized its previously announced non-brokered equity financing from approximately $6.4 million to up to $10.4 million . The Offering is fully subscribed, with strong participation from both new and existing investors. The Offering will now consist of the following components: LIFE Offering: A non-brokered private placement of up to 19.2 million common shares at a price of $0.175 per share for gross proceeds of up to $3.4 million . This offering is being made under the "listed issuer financing exemption" , allowing issued shares to be freely tradable in Canada. The LIFE Offering is expected to close in two to three weeks. LIFE Charity Flow-Through Offering: A non-brokered private placement of...

Ashley Gold Corp. is pleased to announce receipt of assays from a ground sampling and mapping program, announced June 6th, 2025. Highlights: Omega Extension Discovery: A continuation of the Omega Zone, 25-50 meters inland from the shoreline, was discovered with a 10-meter wide altered tuff unit hosting quartz veinlets and up to 3% pyrite. These findings are consistent with previous core results from BH-01, which returned up to 3 g/t Au over 2m. Inland Mineralization: The inland areas along the Omega, Alpha, and Oro Grande West zones show promising gold potential, with altered tuff and pyrite concentrations observed. This could signify a continuous gold-bearing system extending inland from the shoreline. Big Zone Discovery: A 20-30 meter wide deformation zone was identified on...

First Tellurium reports that PyroDelta Energy has received a favorable written opinion from the World Intellectual Property Office regarding its international patent application for capillary casted thermoelectric junction technology in its thermoelectric generator. The written opinion considers that all pending claims in the application are novel and inventive. A favorable written opinion is a milestone in the patent process, providing validation of the uniqueness and potential value of the capillary casted thermoelectric junction technology. This positive outcome strengthens PyroDelta's ...

Altiplano Metals Inc. is pleased to announce the lease agreement with option to acquire the Santa Beatriz copper-gold-iron mine has been extended to July 2029. Santa Beatriz is a historic underground copper-gold mine located approximately 45 kilometers south of La Serena, Chile, and 13 kilometers south of the El Peñón processing plant. President and CEO Alastair McIntyre comments: "We are very pleased to reach a new agreement extending the Santa Beatriz option. The extension provides us added technical and financial flexibility to continue our exploration and development to support further underground work. The technical progress and positive sampling and drilling results at Santa Beatriz opens the potential to provide on-going high grade low-cost material for our mill, ultim...

Kingsmen Resources Ltd. is pleased to announce that it has entered into a non-binding letter of intent dated July 04, 2025 for an option to acquire the Almoloya Project , a gold-silver project, located in the Parral Mining District of Chihuahua, Mexico. The Almoloya Project is located approximately 30 kilometres from the Company's flagship Las Coloradas silver project. The Almoloya Project was identified as part of Kingsmen's ongoing regional exploration programs in the Parral mining district, which prioritizes historic past producing mines with silver-gold potential and has a focus on epithermal and carbonate replacement deposits precious metal systems. The Almoloya Project represents the culmination of a land consolidation process that has taken over 20 years to complete. Th...