Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (“Doubleview” or the “Company”) is pleased to report that ongoing drilling at its 100%-owned Hat Polymetallic Deposit in northwestern British Columbia has extended the mineralized system approximately 320 meters eastward, further confirming that the deposit remains open in multiple directions. The 2025 exploration program continues to expand the mineralized envelope, with results expected to contribute significantly to the upcoming Mineral Resource Estimate (MRE).
2025 Exploration Program Highlights
To date in 2025 drill program, the Company has completed more than 10,200 meters of drilling in 14 holes. The focus has been to step out from the known resource limits to prove continuity and scale. Key results from this phase of the program include:
Significant Extension: Drill holes H100 through H102 have successfully extended the deposit’s footprint more than 320 meters eastward, confirming that the high-volume porphyry-style mineralization remains open and undefined in this direction.
Consistent Mineralization: Mineralization has been intersected in every hole completed in the 2025 program, validating the geological model and suggesting strong continuity of the mineralizing system.
Resource Inclusion: The entire drill database to hole H101 will be included in the revised MRE, anticipated for release in 2025. The expanded footprint with stronger assay data and strong visuals as illustrated in the accompanying core photo gallery, is expected to allow a meaningfully increased resource estimate.
The 2025 drilling program comprises more than 10,200 meters in 14 holes and the observed mineralization has been extended more than 320 metres to the east. The interpreted mineralization and the apparent growth in volume provide strong support for the forthcoming MRE that is scheduled for completion within the next 60 days. Fresh assays are being received almost daily from the laboratory and will be released when processed by our technical team.
“These new drill results represent a major step forward in understanding the true scale of the Hat Deposit,” said Farshad Shirvani, President and CEO of Doubleview Gold Corp. “The 320-meter eastward extension, combined with probable continued mineralization beyond the current limits of drilling, highlights the significant expansion potential of the system and positions Doubleview for a meaningful resource upgrade.
“The Hat Deposit, characterized by its copper-gold-cobalt-scandium association, continues to demonstrate robust continuity of mineralization and growing tonnage potential. Drilling to date indicates a broad, strongly mineralized system with elevated scandium and copper values that support the Company’s strategy to define one of North America’s largest critical-metal-bearing polymetallic deposits. Important amounts of gold, cobalt and silver are present.
A detailed drill section and plan map illustrating the newly expanded mineralized area are provided below. In addition, a gallery of approximately 60 core photographs from recently completed, non-reported holes accompanies this release. The Company anticipates announcing assay results from these holes as soon as analytical data are received, validated, and interpreted.”
IMPORTANT VISUAL DISCLOSURE: The visual observations of mineralization, including core photos, are preliminary in nature and are not a substitute for assay results. The Company cautions that visual estimates of mineralization are not indicative of the actual grade or economic viability of the resource. Assay results are pending for the core included in the photos and will be published once received, verified, and analyzed under the Company’s strict Quality Assurance/Quality Control (QA/QC) program.
Figure 1: Drill Plan with the Induced Polarization Plan and 2024 Conceptual Pit Outline, showing the new extensions.
About Doubleview Gold Corp Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) is a Canadian resource company advancing the 100%-owned Hat Polymetallic Project, located in the prolific Golden Triangle of northwestern British Columbia. The Hat hosts a large copper-gold-cobalt-scandium porphyry system with significant critical metal potential. Doubleview is dedicated to responsible exploration, Indigenous engagement, and sustainable development that benefits both shareholders and local communities.
Doubleview’s success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company’s strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.
Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.
About the Hat Polymetallic Deposit
The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region’s significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company’s July 25, 2024, news release, is summarized below:
Average Grade
Metal Content
Open Pit Model Hat
Resource Category
Tonnage
CuEq
Cu
Co
Au
Ag
CuEq
Cu
Co
Au
Ag
Mt
%
%
%
g/t
g/t
million lb
million lb
million lb
thousand oz
thousand oz
In Pit
Indicated
150
0.408
0.221
0.008
0.19
0.42
1,353
733
28
929
2,045
Inferred
477
0.344
0.185
0.009
0.15
0.49
3,619
1,945
91
2,328
7,575
Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.
For further details of the MRE, please refer to the Company’s July 25, 2024 news release.
On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer
For further information please contact:
Doubleview Gold Corp Vancouver, BC Farshad Shirvani President & CEO
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.
Gold-copper explorer and hybrid project generator Kincora Copper Limited(ASX: KCC) (TSXV: KCC) (Kincora or the Company) is pleased to announce the award of a A$143,484 co-funding grant for a drilling and the first ever hole to basement geology at the Wongarbon project.
Sam Spring, President and CEO, and Cameron McRae, Chairman of Kincora commented,
“Kincora only secured the Wongarbon project directly from the State mid last year. Since, we have formed an innovative multi-phase partnership agreement with Fleet Space Technologies supporting cutting edge multiphysics, with maiden drilling to shortly commence following this non-dilutive grant. The grants to 18 explorers, including 11 drilling programs, follows a competitive expert panel review process of applications, which were in very high demand.
We would like to thank the NSW Government for the direct financial support to Kincora and the wider industry via the Critical Minerals Strategy 2024-35. These programs provide a strong pro-investment and pro-exploration to mining message to all stakeholders.
As indicated by recent US Government policy, copper is one of, if not the most critical of the critical minerals due to its essential role in the energy transition and national security, and essential role in industrial production and the wider economy.
Recent discoveries in both the Macquarie Arc and Cobar Basin highlight the significant potential for further new globally significant copper and other critical mineral projects within NSW’s Lachlan Fold Belt.”
Figure 1: Kincora chair, Mr Cameron McRae, with the Honourable Courtney Houssos MLC, NSW State Government Minister for Finance, Natural Resources, Domestic Manufacturing and Government Procurement Photo taken October 20, 2025 at the NSW Critical Minerals Investment Showcase
About the Critical Minerals and High-Tech Metals Exploration Program
The NSW Government established the Critical Minerals and High-Tech Metals Exploration Program (CMEP) 1 to support the long-term sustainability of the States resource sector and promote exploration through a co-investment grant model.
The CMEP is a pillar of the Critical Minerals Strategy 2024–351, which aims to position NSW as a leader in critical minerals and high-tech metals, generating economic prosperity through exploration, mining, processing, recycling and advanced manufacturing.
The $2.5 million program supports various stages of exploration activities on a co-funded 50% basis over the next two years. Six exploration geochemistry, twelve exploration geophysical and eleven drilling grants were awarded to eighteen explorers 2. Twenty-one of the twenty-nine grants were focused on copper exploration 2.
The CMEP was a highly competitive process with an experienced panel made up of government and independent geoscientists assessing applications. Awards were focused supporting creditable explorers and exploration programs that demonstrate strong prospectivity, technical basis and value for money, and in particular, focused on testing new geological ideas and models in greenfield and near mine site areas.
CMEP is being delivered by NSW Resources, Department of Primary Industries and Regional Development and is funded from the Minerals and Petroleum Investment Fund.
About Kincora: Kincora Copper Limited (ASX: KCC) (TSXV: KCC) is an emerging Australia-focused gold-copper explorer with a hybrid project generator strategy.
The Company is successfully proving up the prospectivity of its extensive project portfolio, which includes multiple district-scale landholdings and scalable drill ready targets. These assets are located in Australia’s Lachlan Fold Belt and Mongolia’s Southern Gobi, two of the globe’s leading porphyry belts, and the historical Condobolin mining field within the Cobar Basin in NSW.
The Company has already unlocked over $100 million of potential partner funding for multiple earlier stage and/or non-core porphyry projects. These initial deals have supported over 13,500 metres of drilling and over A$6.5m of partner funded exploration since late 2024, with management fees and exploration ramping up.
Partner discussions are ongoing for its remaining 100% owned flagship projects that are all situated within existing porphyry camps containing over 20-million-ounce gold equivalent resource inventory.
By having a significant portfolio of partner funded large porphyry projects, and a very focused program on a 100% owned Condobolin project, the Company is seeking to position Kincora as a leading institutional grade explorer in the public Australian and Canadian markets, and the leading project generator on the ASX.
This announcement has been authorised for release by the Board of Kincora Copper Limited (ARBN 645 457 763)
Qualified Person The scientific and technical information in this announcement was prepared in accordance with the standards of the Canadian Institute of Mining, Metallurgy and Petroleum and National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and was reviewed, verified and compiled by Kincora’s staff under the supervision of Peter Leaman (M.Sc. Mineral Exploration, FAusIMM), Senior Vice-President of Exploration of Kincora, and John Holliday (BSc Hons, BEc, member of the Australian Institute of Geoscientists), Non-Executive Director and Chairman of Kincora’s Technical Committee, who are Qualified Persons for the purpose of NI 43-101
JORC Competent Person Statement Information in this announcement that relates to Exploration Results, Mineral Resources or Ore Reserves are those that have been previously reported (with the original release referred to in this announcement), in the case of Mineral Resources or Ore Reserves the material assumptions and technical parameters underpinning the estimates have not materially changed, and have been reviewed and approved by John Holliday and Peter Leaman, who are Competent Persons under the definition established by JORC and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. John Holliday and Peter Leaman consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. The review and verification process for the information disclosed herein for the Nyngan Projects have included the receipt of all material exploration data, results and sampling procedures of previous operators and review of such information by Kincora’s geological staff using standard verification procedures.
Forward-Looking Statements Certain information regarding Kincora contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Kincora believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Kincora cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Kincora currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and is subject to change after that date. Kincora does not assume the obligation to revise or update these forward-looking statements, except as may be required under 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) or the Australian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.
Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Company“), a leading developer of high-grade flake graphite deposits and innovator of next-generation lithium-ion battery technology, is pleased to announce that its Lac Knife graphite anode material has successfully passed Phase I battery validation testing, conducted by both Charge CCCV LLC (“C4V”) and American Energy Technologies Company (“AETC”). The concurrent, independent U.S. laboratory test programs confirmed that Lac Knife natural graphite achieved near-theoretical electrochemical capacity (~371 mAh/g), demonstrating high purity, crystallinity, and strong suitability for lithium-ion battery anode applications. The successful completion of these evaluations represents a major milestone toward commercial-scale qualification within C4V’s global supply-chain program and future OEM-level validation.
The testing was conducted using material refined at AETC under Focus’s direction. AETC performed control testing based on its established parameters for Focus’s graphite, while C4V carried out independent validation through its proprietary Digital DNA™ (“DDNA“) program, which applies industry-standard cell performance benchmarks. Despite minor variations inherent to coin-cell assembly and laboratory calibration, both laboratories confirmed that Focus’s Lac Knife material exceeded internal baseline qualification thresholds. Based on these results, C4V has advanced the material to Phase II of its qualification program, which includes pouch-cell fabrication and large-format validation for commercial-scale evaluation. In parallel, Focus plans to explore additional large-format testing initiatives with AETC to further assess scalability and performance consistency.
Under identical test conditions, Focus’s natural graphite (lot number GN250619002) was compared to C4V’s baseline synthetic graphite reference material. The Focus sample achieved a first-cycle discharge capacity of approximately 373 mAh/g-essentially reaching the theoretical maximum for graphite-while exhibiting good stability. Although electrode density and long-cycle performance were modestly lower than the baseline, the material surpassed C4V’s qualification benchmarks, confirming its readiness for large-format pouch-cell validation-a more accurate and scalable measure of performance using a semi-automated testing platform that directly correlates with electric-vehicle (“EV“) and energy-storage-system (“ESS“) cell designs required by original equipment manufacturers (“OEMs“).
The Company previously demonstrated strong lithium-ion battery performance from its Lac Knife material; however, these independently verified, third-party results now supersede earlier findings and establish a modern, industry-standard baseline that will support future offtake qualification and commercial evaluation.
“These results validate the quality of our Lac Knife graphite and its suitability for next-generation anode production,” said Dean Hanisch, CEO of Focus Graphite. “Having both AETC and C4V confirm the material’s strong performance gives us confidence as we move into pouch cell testing – the next step toward commercial readiness.”
“C4V is pleased to see Focus Graphite’s Lac Knife material successfully complete our Phase 1 validation process under our DDNA program,” said Baasit Ali, VP Supply Chain at C4V. “The material has demonstrated strong electrochemical validation and purity characteristics that align well with our high-performance anode requirements. We look forward to advancing into pouch cell fabrication and validation, which will provide a clearer picture of its scalability for EV and ESS applications.”
Next Steps
Fabrication and testing of pouch cells using Focus’s Lac Knife graphite by C4V
Long-term cycling and safety validation under C4V’s DDNA qualification program
Subsequent scaling to large-format cell testing with industry partners for commercial qualification
Focus Graphite’s continued collaboration with C4V and AETC underscores its commitment to establishing a North American supply of high-performance, ESG-compliant graphite anode material, supporting the energy transition and critical minerals independence objectives shared by both Canada and its allies. The Company will continue to prioritize dual-use battery initiatives serving both civilian and defense-sector applications.
About Charge CCCV LLC (C4V™).
C4V™ is a lithium-ion battery technology company possessing critical insights related to the optimum performance of lithium-ion batteries and Gigafactory’s. C4V’s discoveries have been fruitful in vastly extending battery life, safety and charge performance, however more important is the Gigafactory offering that allows emerging countries to establish their own robust manufacturing ecosystem. C4V works with industry-leading raw material suppliers and equipment supply chain to bring to market fully optimized batteries possessing key economic advantages providing the ultimate “best in class” performance for various applications and end- to-end solutions to produce them on a Gigawatt hour scale. With its unique and innovative business model C4V is rapidly gearing towards 100+GWh of cell production capacity globally by 2032 and its Digital DNA Supply Chain solution ensures materials meet the highest industry standards for performance and reliability.
American Energy Technologies Co. (AETC) is a woman-owned, privately-held business which conducts operations out of the greater Chicago area. In its Wheeling, IL facility, AETC operates three business units: a manufacturing plant making battery-ready graphite and carbon materials, a pilot demonstration facility for battery materials and graphite dispersions, and a fully functional applications laboratory supporting the above business units.
AETC works with industrial partners and manufacturing groups worldwide, including the U.S. Department of War, to ensure materials meet performance standards and strategic requirements. Their facilities are equipped for testing, downstream processing, AI-driven manufacturing and carbon material development.
Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced materials industries.
Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining – we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.
Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals – reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated,” and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events.
In particular, this press release contains forward-looking information regarding, among other things, the anticipated benefits of the Company’s recent battery testing results; the advancement of Focus Graphite’s Lac Knife graphite anode material through C4V’s multi-phase validation process; the potential performance of the material in future pouch cell, large-format, or commercial-scale testing; and the possible qualification of the material within original equipment manufacturer (OEM) supply chains. Forward-looking information also includes statements about the Company’s objectives to expand downstream partnerships, strengthen its technology development and commercialization initiatives, and position its Lac Knife and Lac Tetepisca projects as key contributors to North America’s graphite supply chain and energy-transition ecosystem.
Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company’s public disclosure documents available under its profile on SEDAR+.
The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
Gold-copper explorer and hybrid project generator Kincora Copper Limited(ASX: KCC) (TSXV: KCC) (Kincora or the Company) is pleased to announce that it has appointed Kerry Stevenson and Michelle Borromeo to its Advisory Board.
Ms. Stevenson and Ms. Borromeo along with the recent announcement of Brent Cook and Laurie Thomas joining to Kincora’s newly formed Advisory Board (link to news release October 1) will strengthen the Company’s exploration, asset level partner and corporate strategies, and follows the recently oversubscribed non-brokered private placement lead by North American natural resource sector investors Rick Rule and Jeff Phillips.
Sam Spring, President and CEO, and Cameron McRae, Chairman of Kincora commented,
“Kincora is pleased to have expanded our newly formed advisory board with the additions of Kerry and Michelle.
Kerry is a seasoned veteran who has built and sold companies, is a successful financial market investor and business performance coach with a global network best known for her passion for the precious markets sector, including her Australian Gold Conferences, one of which was a huge success earlier this week.
Michelle’s corporate development and communication experience and network in the North American natural resource sector will greatly assist Kincora’s corporate engagement and strategy.
Post the recent non-brokered private placement we are entering a period of significant expected growth in drilling and further deals. The Company has sought to secure highly credentialed personnel to assist with this, looking to support our increased presence in the North American capital markets, and we have done just that with the addition of Kerry and Michelle joining Brent Cook and Laurie Thomas on the advisory board.”
About Kerry Stevenson: Ms. Stevenson is one of Australia’s leading commentators and thinkers in the resources sector with a truly global perspective and network. With over 20 years’ experience in the Australian and international resources sector Kerry’s ability to ask the questions that investors need answers to make her one of Australia’s most successful and sought after interviewer’s, connectors and capital market advisors.
Kerry’s informative podcasts and interviews can be found on her YouTube channel – Making Money Matter. Ms. Stevenson is passionate about connecting people and helping to raise the right companies’ profiles. She hosts the Australian Gold Conference in Sydney, held earlier this week, as well as Gold Coast Gold connecting the precious metals industry with the investment community and is a frequent panelist at many of the leading North American resource events.
About Michelle Borromeo: Ms. Borromeo has 20 years of experience in natural resources, specializing in the capital markets as an Investor Relations, Corporate Communications and Corporate Development executive since 2009.
Michelle began her career in natural resources as a field biologist working in Mexico followed by working for an oil and gas service company in Alberta. Michelle transitioned to the corporate side 15 years ago where she continues to work as a strategic advisor and consultant for various junior mining companies. She holds a Bachelor of Science degree in Biology, with a minor in Geology from Simon Fraser University.
About Kincora: Kincora Copper Limited (ASX: KCC) (TSXV: KCC) is an emerging Australia-focused gold-copper explorer with a hybrid project generator strategy.
The Company is successfully proving up the prospectivity of its extensive project portfolio, which includes multiple district-scale landholdings and scalable drill ready targets. These assets are located in Australia’s Lachlan Fold Belt and Mongolia’s Southern Gobi, two of the globe’s leading porphyry belts, and the historical Condobolin mining field within the Cobar Basin in NSW.
The Company has already unlocked over $100 million of potential partner funding for multiple earlier stage and/or non-core porphyry projects. These initial deals have supported over 13,500 metres of drilling and over A$6.5m of partner funded exploration since late 2024, with management fees and exploration ramping up.
Partner discussions are ongoing for its remaining 100% owned flagship projects that are all situated within existing porphyry camps containing over 20-million-ounce gold equivalent resource inventory.
By having a significant portfolio of partner funded large porphyry projects, and a very focused program on a 100% owned Condobolin project, the Company is seeking to position Kincora as a leading institutional grade explorer in the public Australian and Canadian markets, and the leading project generator on the ASX.
Executive office 400 – 837 West Hastings Street Vancouver, BC V6C 3N6, Canada Tel: 1.604.283.1722
Subsidiary office Australia C/- JM Corporate Services Level 6, 350 Collins Street Melbourne, VIC, Australia 3000
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the Australian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.
Radisson Mining Resources Inc. (TSXV: RDS) (OTCQB: RMRDF) (FSE: 2RX) (“Radisson” or the “Company“) is pleased to announce that it will expand the ongoing step-out exploration drill program at the O’Brien Gold Project (“O’Brien” or the “Project“) to 140,000 metres utilizing up to eight drill rigs. The expanded program aims to build upon recent successes in delineating new high-grade gold mineralization outside the scope of the Project’s current Mineral Resource Estimate (“MRE“). This will be the largest drill program in the history of the Project.
Matt Manson, President & CEO, commented: “Following the recent completion of our very successful $25 million financing (see Radisson news release dated October 7, 2025), we are announcing a major increase in scope and ambition to our exploration drill program at O’Brien. Since late last year we have been demonstrating significant new gold mineralization in “proof-of-concept” drilling beneath the current mineral resources and below the historic mine workings (Figure 1). Our Exploration Target at O’Brien is between 3 and 4 million ounces of gold in 15 to 20 million tonnes at between 4.5 and 8.0 grams per tonne (“g/t”) gold (“Au”)1. This is based on the proposition that O’Brien’s mesothermal gold mineralization continues to an exploration horizon of at least 2 kilometres depth. With recent results supporting this thesis, we now intend to accelerate our efforts with a view to meaningful resource growth at the Project. The new expanded program of 140,000 metres will continue through 2026 with up to 8 drill rigs, generating significant new data, updates to the Project’s MRE, and regular news flow.”
Matt Manson continued: “The recently completed O’Brien Preliminary Economic Assessment (“PEA”) describes a high value project based on the use of neighbouring milling facilities for the processing of mined material, reducing capital costs, development risk, and project footprint (see Radisson news release dated July 9, 2025). It also represents a moment-in-time “snap-shot” for the Project utilizing the pre-existing MRE, which is located primarily at depths above 600 metres and based on drilling completed to the end of 2022. Our objective by the end of this new and aggressive drill program will be to demonstrate full potential scope of the Project.”
Step-Out Drilling at O’Brien
Since late 2024, Radisson has been pursuing a program of broad step-outs beneath the historic O’Brien Gold mine and the existing mineral resources designed to test the full scope of mineralization at the Project to a 2-kilometre deep exploration floor. This drilling is accomplished with pilot holes followed by wedges and directional drilling to maximize drill efficiency. The first pilot hole drilled beneath the historic mine workings of the O’Brien mine intersected 31.24 g/t Au over 8.0 metres, including 242.0 g/t Au over 1.0 metre at approximately 1,500 metres vertical depth, 500 metres below the final mining stope.
Figure 1: Long Section of Gold Vein Mineralization and Mineral Resources at the O’Brien Gold Project, with Deep Step-Out Drill Holes Completed and/or Published to Date.
Assay results from 7 wedges from this pilot holes have now been reported (see Radisson news release dated July 16, 2025) and up to six high-grade, gold-bearing veins have been delineated over an area of approximately 250 metres (east-west) by 250 metres (vertical). Assay results from additional wedges are expected shortly. Step-out drilling with wedge extensions has also confirmed high-grade mineralization 170 metres below the base of the existing mineral resources at Trend #1 and up to 300 metres below previous drill intercepts at Trend #2 (see Radisson news release dated September 8, 2025).
By the end of 2025, Radisson expects to have completed approximately 35,000 metres of a 50-60,000 metre drill program originally announced in May 2025 (see Radisson news release dated May 21, 2025). With the new drilling announced today, the total meters drilled in this ongoing step-out program will increase to 140,000 metres. This will incorporate an expansion of site facilities and personnel to support up to 8 drill rigs from the current four. These rigs have already been secured under the terms of engagement with our existing drill contractor. The first additional drill rig has been mobilized to site, with drilling expected to start prior to the end of this month.
Targeting priorities will be developed dynamically based on results, but will include: (a) multiple pilot-holes and wedge clusters beneath the historic mine to 2 kilometres depth, (b) pilot holes and wedges testing the deep extensions of Trends #0, #1 and #2, (c) testing for mineralization between Trends #1 and #2, and (d) testing the extension of gold mineralization beneath the historic Thompson-Cadillac mine located west of the O’Brien Mine.
Updated Mineral Resource Estimates
The MRE utilized in the recent O’Brien PEA comprises Indicated Mineral Resources of 0.58 million ounces (2.20 million tonnes at 8.2 g/t Au) and Inferred Mineral Resources of 0.93 million ounces (6.67 million tonnes at 4.4 g/t Au). Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. This MRE, effective as of May 6, 2025, is based on 325,509 metres of drilling completed to the end of 2022. By the end of the currently scheduled drill program a significant amount of new drilling will have been completed, the larger part being outside the scope of the current MRE and recent PEA mine design. This is expected to merit multiple updates to the O’Brien MRE as the drilling progresses.
Gold Mineralization at O’Brien
Gold mineralizing quartz-sulphide veins at O’Brien occur within a thin band of interlayered mafic volcanic rocks, conglomerates, and porphyritic andesitic sills of the Piché Group occurring in contact with the east-west oriented Larder Lake-Cadillac Break (“LLCB”). Gold, along with pyrite and arsenopyrite, is typically associated with shearing and a pervasive biotite alteration, and developed within multiple Piché Group lithologies and, occasionally, the hanging-wall Pontiac and footwall Cadillac meta-sedimentary rocks.
As mapped at the historic O’Brien mine, and now replicated in the modern drilling, individual veins are generally narrow, ranging from several centimetres up to the metre-scale in thickness. Multiple veins occur sub-parallel to each other, as well as sub-parallel to the Piché lithologies and the LLCB. Individual veins have well-established lateral continuity, with near-vertical, high-grade shoots developed over significant lengths. Based on the historic data available, it is clear that the former mine was “high-graded”, with mining focussed on a main central stope and parallel veins identified but left undeveloped.
The historic O’Brien mine produced over half a million ounces of gold from such veins and shoots at an average grade exceeding 15 g/t Au and over a vertical extent of at least 1,000 metres. Modern exploration has focussed on delineating well developed vein mineralization to the east of the historic mine, with additional high-grade shoots becoming evident in the exploration data over what has been described as a series of repeating trends (“Trend #s 0 to 5”).
Qualified Persons
Disclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo, (QC), a geological consultant for Radisson and a Qualified Person for purposes of NI 43-101. Mr. Luke Evans, M.Sc., P.Eng., ing, of SLR Consulting (Canada) Ltd., is the Qualified Person responsible for the preparation of the MRE at O’Brien. Each of Mr. Nieminen and Mr. Evans is independent of Radisson and the O’Brien Gold Project.
About Radisson Mining
Radisson is a gold exploration company focused on its 100% owned O’Brien Gold Project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. A July 2025 Preliminary Economic Assessment described a low cost and high value project with an 11-year mine life and significant upside potential based on the use of existing regional infrastructure. Indicated Mineral Resources are estimated at 0.58 million ounces (2.20 million tonnes at 8.2 g/t Au), with additional Inferred Mineral Resources estimated at 0.93 million ounces (6.67 million tonnes at 4.4 g/t Au). Please see the NI 43-101 “O’Brien Gold Project Technical Report and Preliminary Economic Assessment, Québec, Canada” effective June 27, 2025, and other filings made with Canadian securities regulatory authorities available at www.sedarplus.ca for further details and assumptions relating to the O’Brien Gold Project.
For more information on Radisson, visit our website at www.radissonmining.com or contact:
This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-looking statements including, but are not limited to, statements with respect to the ability to execute the Company’s plans relating to the O’Brien Gold Project as set out in the Preliminary Economic Assessment; the Company’s ability to complete its planned exploration and development programs; the absence of adverse conditions at the O’Brien Gold Project; the absence of unforeseen operational delays; the absence of material delays in obtaining necessary permits; the price of gold remaining at levels that render the O’Brien Gold Project profitable; the Company’s ability to continue raising necessary capital to finance its operations; the ability to realize on the mineral resource and mineral reserve estimates; assumptions regarding present and future business strategies, local and global geopolitical and economic conditions and the environment in which the Company operates and will operate in the future;, planned and ongoing drilling, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, and the ability to incorporate new drilling in an updated technical report and resource modelling; the Company’s ability to grow the O’Brien Gold Project; the ability to negotiate and execute an arrangement with IAMGOLD related to the Doyon Mill on satisfactory terms or at all; and the ability to convert inferred mineral resources to indicated mineral resources.
Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “interpreted”, “management’s view”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements Forward-looking information is based on estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others; the risk that the O’Brien Gold Project will never reach the production stage (including due to a lack of financing); the Company’s capital requirements and access to funding; changes in legislation, regulations and accounting standards to which the Company is subject, including environmental, health and safety standards, and the impact of such legislation, regulations and standards on the Company’s activities; price volatility and availability of commodities; instability in the global financial system; the effects of high inflation, such as higher commodity prices; the risk of any future litigation against the Company; changes in project parameters and/or economic assessments as plans continue to be refined; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; risks relating to the drill results at O’Brien; the significance of drill results; and the ability of drill results to accurately predict mineralization. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. These statements speak only as of the date of this news release.
Please refer to the “Risks and Uncertainties Related to Exploration” and the “Risks Related to Financing and Development” sections of the Company’s Management’s Discussion and Analysis dated April 29, 2025 for the year ended December 31, 2024, and the Company’s Management’s Discussion and Analysis dated August 27, 2025 for the three-month period ended June 30, 2025, all of which are available electronically on SEDAR+ at www.sedarplus.ca. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
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 news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
_________________________ 1 NI 43-101 “O’Brien Gold Project Technical Report and Preliminary Economic Assessment, Québec, Canada” effective June 27, 2025. The reader is cautioned that the potential quantity and grade of an Exploration Target is conceptual in nature, there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource.
Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Company“), is pleased to announce the appointment of Mr. Jean-Francois Perrault as Strategic Advisor. A highly respected Quebec-based capital markets executive, Mr. Perrault will provide strategic and financial guidance as Focus advances its flagship Lac Knife and Lac Tetepisca graphite projects towards mine permitting and development.
Mr. Perrault brings more than 30 years of experience in merchant banking, capital markets, and investment banking. He is currently Managing Partner at Pavilion Capital Advisers, a capital markets and alternative asset advisory firm serving both public and private enterprises.
Previously, he served for 16 years, until 2025, as Managing Director, Corporate Finance at Leede Financial Inc., where he led numerous public and private placement financings for emerging and established Canadian issuers. Earlier, he held senior corporate finance roles with Union Securities and TD Capital. At TD, he helped launch TD Capital Private Equity Partners, Canada’s first international private equity fund of funds.
In addition to his corporate leadership experience, Mr. Perrault serves on the TSX Venture Exchange’s Local Advisory Committee (Eastern Canada), providing guidance on capital formation and venture market growth. He holds a Bachelor of Arts in Economics from McGill University and an MBA from Concordia University.
Jean-Francois Perrault, commented “I’m delighted to join Focus Graphite as a Strategic Advisor. Quebec has long been a leader in metals and mining, supported by deep capital markets expertise, a skilled workforce, and strong government engagement. Focus Graphite’s assets are ideally positioned to benefit from this ecosystem at a time when North America is seeking to reduce its dependence on China for critical minerals. I look forward to leveraging my network and experience to help guide the Company through its next stage of financing and development.”
Dean Hanisch, CEO of Focus, stated “As Focus Graphite advances toward permitting and development, we’re assembling a team with the experience and relationships needed to succeed. Jean-Francois brings over 30 years of experience in Quebec’s investment and brokerage community, where he is widely respected across government, institutional funds, and the mining sector. His deep roots in Quebec’s metals and mining ecosystem, combined with his capital-markets insight, will bring exceptional value as we enter this next stage of growth.”
As part of his engagement, Mr. Perrault has been granted 50,000 stock options, exercisable at C$0.60 per share for five (5) years, under the Company’s incentive stock option plan, subject to regulatory approval.
About Focus Graphite Advanced Materials Inc.
Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced materials industries.
Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining – we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.
Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals – reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated,” and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events.
In particular, this press release contains forward-looking information regarding, among other things, the anticipated benefits of Mr. Perrault’s appointment as Strategic Advisor; his expected contributions to the Company’s strategic planning, financing, and capital markets initiatives; and Focus Graphite’s advancement toward mine permitting and development of its Lac Knife and Lac Tetepisca graphite projects. Forward-looking information also includes statements regarding the Company’s objectives to strengthen its leadership team, enhance its capital markets profile, secure project financing, and position itself as a key contributor to North America’s critical minerals supply chain and energy transition.
Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company’s public disclosure documents available under its profile on SEDAR+.
The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
Gold-copper explorer and hybrid project generator Kincora Copper Limited (ASX: KCC) (TSXV: KCC) (Kincora or the Company) is pleased to announce that an airborne electro-magnetic (AEM) geophysical survey covering approximately 155km2 has been mobilized at the Condobolin project, located in the southern end of the Cobar Basin. Ahead of this survey, Kincora has pegged the adjacent open ground to expand the total project size by 90km2.
The AEM survey is expected to generate new near surface targets and refine existing mineralized systems located under shallow post mineral cover, as well as refine potential deeper source feeder zones. These include the Meritilga target where preparations have commenced for a high impact drilling program to test the down dip and on strike extensions of the existing system which hosts broad near surface gold-silver-base metal mineralisation with ore grade intervals (including 4m @ 20g/t gold and 30.2g/t silver from 75m 1).
In light of near record Australian gold and silver prices, Kincora has commenced a review of prior encouraging drilling results within a paleochannel at the Meritilga target, which has including up to 28.4g/t gold in gravels (from 4m) and 3.99g/t gold in basement (from 28m) 2.
John Holliday, Technical Committee chair, and Peter Leaman, VP of Exploration, commented,
“We are pleased to commence exploration at our wholly owned Condobolin project at a time of significant exploration, development and corporate success in the southern and lesser explored section of the Cobar Basin.
Kincora has a well-planned strategy to explore the extensions of the Condobolin Mineral Field, which has a substantial mining history for high grade gold, silver and base metals.
The project is well located to existing infrastructure, is easy to explore and has very limited effective exploration below the shallow weathering profile. The extent of historical mining, and geochemical and geophysical anomalies, indicate excellent potential for multiple new discoveries. We are looking to systematically use exploration techniques that have already yielded the Meritilga discovery and many new recent discoveries in the north of the district at similar and earlier stage profile projects.
The designed multi-phase campaign is a capitalefficientvalueaddstrategyat a project that has the potential to excite in the current very strong precious metals environment.”
Figure 1: Kincora has seven major project groups located in Central West NSW, six porphyry and one Cobar style mineral system, all located in world-class geological terrains which host Tier-1 mines
The Condobolin project is in the southern and lesser explored section of the Cobar Basin
The Cobar Basin has a 150-year history of high-grade, long-life mining and is an important supplier of critical and precious metals. The region benefits from established infrastructure and favourable ESG considerations with significant scope for processing and mining efficiencies, supporting potential consolidation.
The district has recently seen several significant new discoveries utilising modern exploration techniques in lesser explored regions (eg Federation, Achilles, Mallee Bull, Southern Nights and Wagga Tank) and emerging corporate activity (eg Harmony’s A$1.6 billion takeover for MAC Copper (MAC.ASX) and Kingston Resources (KSN.ASX) recently receiving A$50 million cash for the first tranche of its divestment of its PNG Misima project).
CONDOBOLIN PROJECT
The project and regional profiles’ support the Condobolin project being an asset that a junior explorer such as Kincora can add significant value to. A multi-phase exploration campaign of regional scale exploration and target specific drilling has commenced and is fully funded following the Company’s July 2025 non-brokered private placement (C$4m raising with a 12-month hold period).
The Condobolin project was historically the focus of up to 25 informal open pit operations (peak late 1800’s-early 1900’s), with mining impacted by the water table and exploration by the weathering profile. The mineral field has not been effectively explored below the weathered zone (~30m).
Very limited modern exploration has taken with initial activities by Clancy Exploration (Clancy, now RareX Limited) yielding encouraging results at all five prospects drilled (2011-13), including a virgin high-grade gold discovery at the Meritilga Prospect.
More recently within the immediate district, Kingston Resources (ASX: KSN) has significantly expanded the resources and restarted hard rock mining at the Mineral Hill mine, Talisman Mining (ASX: TLM) has recent new success at its Rip N Tear and Durnings targets (to both the immediate north and south of Mineral Hill), while Australian Gold and Copper (ASX: AGC) has excited the market with its new potential district scale discovery at its Achilles target located within the south western extension of the Cobar Basin.
The Condobolin project is located approximately 40km south from the mill at Mineral Hill and north of the Condobolin town (which is the primary source of employees to Mineral Hill operation who drive through the Condobolin project to work) – see Figure 2.
Kincora has consolidated a 100% project ownership and continued to expand our foothold across the near surface potential of the historical Condobolin Mineral Field. The total project size is 297km2 across two adjacent licenses with a new license application (latter 90km2) – see Figure 3.
To advance the potential of the wider project and historical mining field, Kincora has mobilised an AEM survey covering over 800 line-kilometres utilising Expert Geophysics Pty Ltd’s (Expert Geophysics) TargetEM26 system. Approximately 20% of the wider project is out-sub cropping with the average depth of cover in non-outcropping areas less than 5 metres supporting very easy exploration with surface geology and sampling being an effective, quick and cheap methods – see Figures 3 & 4.
AEM surveys have proven to be a highly effective discovery technique in this region significantly contribution in several recent discoveries in the Cobar Basin. The survey is a quick low impact method to provide subsurface structure across the full historic Condobolin Mineral Field with an infill survey across multiple targets, including Meritilga, many of which have significant base metal and gold-silver anomalies – see Figures 3 & 4 overlaying lead anomalism from soil sampling.
Figure 2: Regional brownfield and greenfield exploration projects are generating new discoveries and drill targets in a lesser explored but historic mining district
The Condobolin project is located at the southern end of the Cobar Basin, benefits from existing infrastructure and is near the Mineral Hill mill which is seeking organic and inorganic means to fill existing excess mill capacity
The Meritilga target was a new discovery made by Clancy in 2012 following up a coincident 2km x 2km arsenic-lead-zinc (+gold) geochemical anomaly and K-channel radiometric anomaly over ridges east of the historic mines at Mascotte and west of Potters. The anomalies coincided with key NE-striking structures identified in detailed 3D induced polarization (IP) surveys 1.
The gold, silver and base metals system is situated within a lode with high grade lens (ore grade, eg 4m @ 20g/t gold, 30.2 g/t silver from 75m, including 1m @ 62g/t gold, 60g/t silver in hole CORC029) and a lower grade halo. The lode is a consistent body, open up and down dip 1, 3.
Land access agreements are in place and the permitting process commenced for an up to 15 diamond drill hole program for 4100 metres testing down dip (up to 350m depth) and strike extensions and the potential for repeat high grade lens and/or a stacked series of lenses.
This setting is supported by the last phase of Reverse Circulation (RC) drilling by Clancy, the one diamond hole drilled by Kincora in 2023, coupled with a favourable structural setting where the main Meritilga Fault has been cross-cut by N-S trending faults 4.
The current working geological model, underpinned by pathfinder zonation and coincident geophysical anomalies, supports the potential for a larger mineralised intrusive source at depth – see Figure 6. The AEM survey is expected to also better advance and refine these concepts.
Given shifting in commodity prices, Kincora has commenced a review of prior encouraging very shallow gold drilling results of Clancy. In 2011, twenty Air-Core (AC) holes tested the Tilga paleochannel with several significant hits returned. The best intercept was 1m @ 28.4g/t Au (from 4m, hole COAC012 in the gravels) and 3.99g/t Au (from 28m, hole COAC005 in basement) 2.
The average depth of the paleochannel gravels was 7.9m with a potential target area of 2km by 0.5km – see Figure 4. The last review of the alluvial gold potential was undertaken by Clancy when the Australian gold price was approximately A$1500/ounce (versus current spot of almost A$6000/oz). The review by Kincora will explore the potential alternatives, budgets and partnering opportunities available to advance the alluvial (placer) gold potential either concurrent with the wider Condobolin project or as a standalone project.
Figure 3: Kincora has increased the size of the total Condobolin project by a third and commenced an airborne geophysical survey across the historic Condobolin Mineral Field
The extent of historical mining, existing near surface geochemical and geophysical anomalies provides excellent potential for multiple new discoveries as Kincora implements modern systematic exploration approaches that have already yielded the Meritilga discovery plus many recent discoveries in the north of the district at similar and earlier stage profile projects
Figure 4: The extent of historical mining, existing near surface geochemical and geophysical anomalies, coupled with limited modern exploration or exploration below the weathered zone provides excellent potential for multiple new discoveries
South-western portion of the Condobolin Project, including the Tilga Paleochannel where prior Clancy drilling supported the potential for alluvial (placer) gold
Figure 5: Limited prior modern exploration by Clancy resulted in the Meritilga discovery with follow up drilling planned to test down dip, on strike and the potential for repeat high grade lens and/or a stacked series of lenses. Many other similar mineral systems in the Cobar Basin are vertically extensive with repeat lodes 4.
Meritilga is open with a currently defined high (ore) grade lens and a lower grade halo
Figure 6: The Condobolin project hosts various polymetallic mineral system styles and deposit targets
Target models included high-grade near surface repeat systems similar to other deposits in the southern end of the Cobar Basin as well as intrusion related gold (IRGS) or porphyry systems at depth
About Kincora: Kincora Copper Limited (ASX: KCC) (TSXV: KCC) is an emerging Australia-focused gold-copper explorer with a hybrid project generator strategy.
The Company is successfully proving up the prospectivity of its extensive project portfolio, which includes multiple district-scale landholdings and scalable drill ready targets. These assets are located in Australia’s Lachlan Fold Belt and Mongolia’s Southern Gobi, two of the globe’s leading porphyry belts, and the historical Condobolin mining field within the Cobar basin in NSW.
The Company has already unlocked over $100 million of potential partner funding for multiple earlier stage and/or non-core porphyry projects. These initial deals have supported over 13,500 metres of drilling and over A$6.5m of partner funded exploration since late 2024, with management fees and exploration ramping up.
Partner discussions are ongoing for its remaining 100% owned flagship projects that are all situated within existing porphyry camps containing over 20-million-ounce gold equivalent resource inventory.
By having a significant portfolio of partner funded large porphyry projects, and a very focused program on a 100% owned Condobolin project, the Company is seeking to position Kincora as a leading institutional grade explorer in the public Australian and Canadian markets, and the leading project generator on the ASX.
Executive office 400 – 837 West Hastings Street Vancouver, BC V6C 3N6, Canada Tel: 1.604.283.1722 Subsidiary office Australia C/- JM Corporate Services Level 6, 350 Collins Street Melbourne, VIC, Australia 3000
References:
1 ASX release of Clancy Exploration Limited (now RareX Limited), titled “New Gold-Silver-Copper Discovery at Meritilga Prospect – Condobolin Project” dated March 20th, 2012, which can be obtained via the ASX website (www.asx.com.au). The Clancy results were reported in accordance with the version of the JORC Code existing prior to JORC 2012. Mining Associates has completed an review of sampling techniques and procedures dated January 31st, 2021, as outlined in the Independent Technical Report included in the ASX listing prospectus, which is available at: https://www.kincoracopper.com/investors/asx-prospectus. While the Company has no reason to believe the assay results are not reliable, the Company has not independently verified these results. The Company intends to conduct its own exploration programme as described in this release.
2 ASX release of Clancy Exploration Limited (now RareX Limited), titled “Condobolin Project Yields Visible Gold and Potential Alluvial Gold” dated January 20th, 2012, which can be obtained via the ASX website (www.asx.com.au). The Clancy results were reported in accordance with the version of the JORC Code existing prior to JORC 2012. Mining Associates has completed an review of sampling techniques and procedures dated January 31st, 2021, as outlined in the Independent Technical Report included in the ASX listing prospectus, which is available at: https://www.kincoracopper.com/investors/asx-prospectus. While the Company has no reason to believe the assay results are not reliable, the Company has not independently verified these results. The Company intends to conduct its own exploration programme as described in this release.
3 ASX release of Clancy Exploration Limited (now RareX Limited), titled “Gold and Silver Hits Extend Meritilga Lode” dated Jube 17th, 2013, which can be obtained via the ASX website (www.asx.com.au). The Clancy results were reported in accordance with the version of the JORC Code existing prior to JORC 2012. Mining Associates has completed an review of sampling techniques and procedures dated January 31st, 2021, as outlined in the Independent Technical Report included in the ASX listing prospectus, which is available at: https://www.kincoracopper.com/investors/asx-prospectus. While the Company has no reason to believe the assay results are not reliable, the Company has not independently verified these results. The Company intends to conduct its own exploration programme as described in this release.
4 AGC: “Mkt Cap”: market capitalisation as @ COB Oct 9th, 2025. MAC: takeover from Binding Scheme Implementation Deed with Harmony for MAC Copper Limited, May 27, 2025 Cross sections adapted by Kincora and internals noted from public disclosures from MAC Copper (MAC.ASX) relating to its CSA mine + Australian Gold & Copper (AGC.ASX) relating to its Achilles discovery. Strike & depths reported on the same scale.
Qualified Person
The scientific and technical information in this announcement was prepared in accordance with the standards of the Canadian Institute of Mining, Metallurgy and Petroleum and National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and was reviewed, verified and compiled by Kincora’s staff under the supervision of Peter Leaman (M.Sc. Mineral Exploration, FAusIMM), Senior Vice-President of Exploration of Kincora, and John Holliday (BSc Hons, BEc, member of the Australian Institute of Geoscientists), Non-Executive Director and Chairman of Kincora’s Technical Committee, who are Qualified Persons for the purpose of NI 43-101
JORC Competent Person Statement
Information in this announcement that relates to Exploration Results, Mineral Resources or Ore Reserves are those that have been previously reported (with the original release referred to in this announcement), in the case of Mineral Resources or Ore Reserves the material assumptions and technical parameters underpinning the estimates have not materially changed, and have been reviewed and approved by John Holliday and Peter Leaman, who are Competent Persons under the definition established by JORC and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. John Holliday and Peter Leaman consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. The review and verification process for the information disclosed herein for the Nyngan Projects have included the receipt of all material exploration data, results and sampling procedures of previous operators and review of such information by Kincora’s geological staff using standard verification procedures.
Forward-Looking Statements
Certain information regarding Kincora contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Kincora believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Kincora cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Kincora currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and is subject to change after that date. Kincora does not assume the obligation to revise or update these forward-looking statements, except as may be required under 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) or the Australian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.
Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) (“GMG” or the “Company”) announces new leadership at Australia’s Peak Battery industry association of the Advanced Materials and Battery Council (AMBC).
The Advanced Materials and Battery Council (AMBC) today announced a new leadership team to drive the next phase of national growth across Australia’s advanced materials and battery value chain.
Former Premier of the State of Queensland the Honourable Annastacia Palaszczuk has been appointed as Chair of AMBC, bringing proven executive leadership in policy delivery and large-scale industrial development.
HON Ms. Palaszczuk will appear at Australian Battery Day (ABD) on Tuesday, 21 October, and deliver formal remarks at the ABD Gala Dinner the following evening. HON Ms. Palaszczuk is joined with interim CEO Lynnard Cucksey who together will lead AMBC’s national agenda – strengthening industry collaboration, advancing priority policy settings, and supporting members to scale investment, capability, and jobs across Australia.
Outgoing Chair and Co-Founder of AMBC and Managing Director and CEO of GMG, Craig Nicol said: “It has been an honour to chair AMBC through a period of significant growth for Australia’s advanced materials industry. I’m thrilled to welcome Annastacia as Chair – her experience driving large-scale energy and industrial transformation will be invaluable – and Lynnard as CEO, who brings the practical, collaborative approach that will help our members succeed. I have every confidence in this leadership team and AMBC’s future.”
With this leadership team, AMBC will continue to strengthen national capability and industry scale – supporting the value chain from upstream resources through to mid-stream processing, cell manufacturing, systems integration, and end-of-life recovery.
About GMG:
GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications.
The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.
In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.
GMG’s 4 critical business objectives are:
Produce Graphene and improve/scale cell production processes
Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.
Patriot Critical Minerals (“Patriot” or the “Company”) is proud to announce the completion and filing of a Technical Report Summary (“TRS”) under U.S. SEC Regulation S-K 1300 for its 100 %-owned MEGA Tungsten Project in Elko County, Nevada.
The filing confirms that Patriot controls the largest tungsten resource ever reported under modern U.S. SEC standards, marking a major milestone in the nation’s effort to restore control over its critical-mineral supply chains.
Prepared by SRK Consulting (U.S.) Inc., the report defines an Inferred Mineral Resource of 21.8 million short tons grading 0.18 % WO₃, containing approximately 78.7 million pounds of tungsten trioxide (WO₃).
This achievement establishes Patriot’s MEGA Project as a front-runner in the resurgence of American tungsten production.
“The MEGA Project represents a turning point for America’s critical-mineral independence,” said Anthony Paterson, President of Patriot Critical Minerals. “This is one of the most advanced and significant tungsten projects in the Western Hemisphere — and as we move toward Pre-Feasibility and production, we’re proving that large-scale, U.S.-based projects can once again compete globally. But to secure that future, the government needs to move with the same urgency the market demands. If we want American metals for American industry, the time to act is now.”
CEO Brodie Sutherland added, “With more than 85 % of U.S. tungsten currently imported, Patriot’s Nevada asset offers a direct pathway to reshoring a metal vital for defense, aerospace, semiconductors, and clean-energy technologies.”
Investment Highlights:
Largest SEC-Compliant Tungsten Resource in the United States – 21.8 M short tons @ 0.18 % WO₃ (~78.7 M lbs contained)
Tier-1 Mining Jurisdiction – Road access, grid power, and an experienced Nevada workforce
National Security Alignment – Tungsten is a designated critical mineral under the Defense Production Act
Advancing Toward PFS and Production – Engineering, permitting, and federal-program engagement now underway
Qualified Persons
Brodie Sutherland, P.Geo, is a “Qualified Person” as such term is defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects and has reviewed and approved the technical aspects of this news release. Mr. Sutherland is the Chief Executive Officer of the Company.
SRK Consulting (U.S.), Inc. (SRK) consents to the issuance of the S-K 1300 Technical Report Summary for the MEGA Project (the Report) in the form and context for which it is to be included in documentation distributed to the directors of Patriot Critical Minerals Corp., and in Patriot’s filing with the Securities Exchange Commission. SRK is the “Qualified Person” for the sections of the Report as identified in section 2.8 of the Technical Report Summary.
Scientific and technical information contained in this news release, and as related through the NI 43-101 Technical Report on the MEGA Project, has been reviewed and approved by Matthew Hastings (M.Sc, P.Geo, MAusIMM (CP) of SRK Consulting (U.S.), Inc). Mr. Hastings is independent of Patriot Critical Minerals and is a “Qualified Person” as defined by Canadian Securities Administrators’ National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
About Patriot Critical Minerals
Patriot Critical Minerals is a U.S.-based critical-minerals developer advancing the 100 %-owned MEGA Tungsten Project in Nevada. With a mission to strengthen America’s industrial and defense independence, Patriot is building a domestic tungsten supply chain aligned with U.S. national-interest objectives and global clean-energy priorities.
For further information, please contact: Jeremy Ross, VP Corporate Development Info@patriotcritical.com +1 (604) 537-7556
SRK is of the opinion that the procedures and methods, as documented and understood from the legacy and more recent sampling at the MEGA Project, are suitable for the declaration of Inferred Mineral Resources. Potential inaccuracies or biases (which could result from issues in historical methods) have been accounted for in a variety of ways, and any latent uncertainty has been incorporated as a factor in the resource classification. Demonstration of the accuracy of these legacy data remains an opportunity.
This news release contains forward‐looking statements and forward‐looking information (collectively, “forward‐looking statements“) within the meaning of applicable Canadian legislation. Forward‐looking statements are typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved.
All statements in this news release that are not purely historical are forward‐looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future. Specifically, the forward-looking statements include: that the MEGA tungsten project has geological potential and will reach production; that the mineral resource estimates on the MEGA tungsten project will be realized; that Patriot is uniquely positioned to become one of the only tungsten producers in the United States; Patriot’s positioning to deliver a secure, domestic source of tungsten; the strategic value of tungsten to the United States; the market prospects and price stability of tungsten; the Company’s plans to advance the MEGA tungsten project, including filing a NI 43-101 technical report and engaging with the U.S. government to align development timelines with critical mineral funding programs, stockpiling strategies, and defense procurement priorities; the Company’s planned position to be a supplier of choice in the tungsten market; and the Company’s vision to become the go-to name for tungsten. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. In making the forward‐looking statements in this news release, the Company has applied several material assumptions, including without limitation, that market fundamentals will support the viability of critical mineral resource exploration, the availability of the financing required for the Company to carry out its planned future activities, the availability of and the ability to retain and attract qualified personnel, and the receipt of all necessary regulatory approvals. Other factors may also adversely affect the future results or performance of the Company, including general economic, market or business conditions, future prices of minerals, changes in the financial markets and in the demand for minerals, changes in laws, regulations and policies affecting the mineral exploration industry, as well as additional risks that cannot be anticipated at this time. Ongoing labor shortages, inflationary pressures, rising interest rates, the global financial and geopolitical climate, and the conflicts in Ukraine and Palestine and surrounding regions are some additional factors that are affecting current economic conditions and increasing economic uncertainty, which may impact the Company’s operating performance, financial position, and future prospects. Collectively, the potential impacts of this economic environment pose risks that are currently indescribable and immeasurable. No assurance can be given that any of the events anticipated by the forward‐looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned that forward‐looking statements are not guarantees of future performance or events and, accordingly, are cautioned not to put undue reliance on forward‐looking statements due to the inherent uncertainty of such statements. The Company does not undertake any obligation to update such forward‐looking information whether because of new information, future events or otherwise, except as expressly required by applicable law.
Scandium International Mining Corp. (TSXV: SCY) (OTC Pink: SCYYF) (“Scandium International” or the “Company“) is pleased to announce that the Department of Primary Industrials and Regional Development – NSW Resources (“the Department“) has granted a mining license to Scandium International’s wholly-owned subsidiary, EMC Metals Australia Pty Ltd (“EMC“) for its Nyngan Scandium Project in New South Wales. Mining Lease No 1893 (Act 1992) (“ML 1893“) was granted in satisfaction of Mining Lease Application No 531 (Act 1992) on October 7, bringing an end to an application review process spanning more than nine years.
The grant of ML 1893 (Act 1992) represents a major milestone for the Nyngan Scandium Project (“the Project“) and provides the regulatory certainty required for the Company to advance ongoing dialogues regarding strategic partnerships, offtake contracts, and in due course financing the project and taking the Final Investment Decision (FID).
“This Mining Lease marks the culmination of extensive technical, environmental and regulatory work and we express our appreciation to the Department for its assistance and cooperation during the application review process. It really could not have come at a better time as Western countries and companies are now focusing on the supply of critical metals including scandium.” said Peter Evensen, Chief Executive Officer. “With this mining lease now in place on the entire deposit, the Company is well-positioned to progress towards construction and eventual production in line with the Project’s design parameters.” EMC intends to update its Defined Feasibility Study (“DFS“) in due course to reflect capital and operational efficiencies as well as potential to high-grade and customer requirements.”
The current DFS:
is designed as a small surface mining operation, recovering approximately 75,000t of limonite ore from the resource per year,
The average limonite scandium head grade to the mill facility over 20 years is 409ppm (before potential high-grading initiatives).
The Project development and commissioning schedule includes a one year construction period, and a total 24 month ramp-up period to reach nameplate capacity of 75,000 tons per year ore throughput and approximately 38,500 kg of scandium oxide product per year, grading 98 to 99.9% Sc2O3.
The 20 year mine life of the name plate capacity will use less than 20% of the entire Mineral Resource Estimate.
Mr. Evensen continued: “The benefits of scandium have been known for several years, however, until now there has not been a reliable and abundant potential supply source of scandium outside of China and Russia or dependent on other commodity prices as a by-product.
In the past twelve months, the Western world has made it a strategic priority to develop robust critical mineral supply chains that are not dependent on a single nation as a pinch point.
My view, same as when the Evensen family first invested in the Company in 2014, is the Nyngan Scandium Project along with our peers in New South Wales provides the most economic primary source of supply of scandium to that robust supply.
The shovel-ready Nyngan Scandium Project is prepared to meet western demand for scandium in existing use cases as well as emerging use cases being developed including semiconductors, solid-state batteries, and defense applications.”
ML 1893 (Act 1992) has been granted for an initial term of 21 years until October 2046 upon which time the operator of the project can apply for renewal and supersedes the underlapping Mining Lease No 1792 (Act 1992), enhancing EMC’s ability to develop the Project across its full mine footprint design.
Located 20 km west of Nyngan township in New South Wales, the Nyngan Scandium Project is positioned to become the world’s first primary scandium-mining project. Scandium is a high-value metal with a growing market demand and is classed as a critical mineral by the Australian, Canadian and United States governments.
The development of the Project also presents a significant opportunity for New South Wales to become a world leader for investment in sustainable mining of critical minerals.
For inquiries to Scandium International Mining Corp, please contact:
Peter Evensen, President and CEO Tel: (775) 355-9500
Cautionary Note Regarding Forward-Looking Information
This news release includes certain information that may be deemed “forward-looking information”. Forward-looking information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “believe”, “continue”, “plans” or similar terminology, or negative connotations thereof. All information in this release, other than information of historical facts, general future plans and objectives for the Company and the Nyngan Scandium Project, are forward-looking information that involve various risks and uncertainties. Although the Company believes that the expectations expressed in such forward-looking information are based on reasonable assumptions, such expectations are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking information.
For more information on the Company and the key assumptions, risks and challenges with respect to the forward-looking information discussed herein, and about our business in general, investors should review the Company’s most recently filed annual information form, and other continuous disclosure filings which are available at www.scandiummining.com Readers are cautioned not to place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
