Category: Investor’s Corner

Heliostar Metals provides 2026 guidance: 50,000-55,000 oz gold production from La Colorada (20,000-22,300 oz) and San Agustin (30,000-32,700 oz), with cash costs $1,850-$1,950/oz and AISC $2,025-$2,125/oz. Growth plans include Veta Madre pre-stripping, Ana Paula Feasibility Study advancement with decline extension, and $27M exploration funded by operations, targeting future production increases.

Canasil Resources plans a $500,000 private placement by issuing 10 million common shares at $0.05 each, with no warrants included. Insiders and existing shareholders may participate, and finders’ fees could be paid. Proceeds will support operations and exploration for silver-gold-copper projects in British Columbia and Mexico. The company expects to close before January 23, 2026.

Canasil Resources Inc. (TSXV:CLZ.H) announces 2026 plans to advance its gold-silver-copper portfolio amid high metal prices: pursue TSX-V Tier 2 reinstatement (Q1); await Amarc’s Brenda (BC) option extension by Feb 4 ($400K payment); advance Lil silver project (BC, Q3-Q4); drill 2,450m at Vizcaino gold-silver (Durango, Mexico, Q2); seek permits and plan drilling for La Esperanza silver-gold-base metals and Salamandra silver-copper-zinc (Mexico, Q1). Actively seeks financing.

Bear Creek Mining congratulated Chair Catherine McLeod-Seltzer on her induction into the Canadian Mining Hall of Fame. Recognized for raising over $750 million in capital and building successful companies—including the $1.1 billion sale of Arequipa Resources to Barrick—she has also served in leadership roles at Teck Resources and Kinross Gold.

Chesapeake Gold Corp. (TSXV: CKG) upsizes its bought deal public offering to $15 million (3,571,500 units at $4.20 each). Each unit includes one share and one-half warrant (exercisable at $5.65 for 36 months). Adds non-brokered private placement up to $2.877M with Eric Sprott participation. Proceeds advance oxidative leach technology, Metates and Lucy projects, and working capital. Closing expected ~January 27, 2026.

Canasil Resources Inc. (TSXV: CLZ.H) reviews a positive 2025: revoked CTO, resumed TSX-V trading (September 25, 2025), executed 5-year option agreement with Amarc for Brenda gold-copper project (Amarc earning 100%, Canasil retains 2% NSR), and completed surveys on Lil silver project. Amarc advanced JOY District with Freeport. Looks forward to advancing gold-silver-copper portfolio in BC and Mexico in 2026; separate news release on programs to follow.

Riverside Resources Inc. outlines a strong 2026 outlook, building on 2025 successes: Blue Jay Gold spin-out, partner-funded Mexico exploration, and C$3.7M strategic investment (including Rick Rule/Sprott). With no debt and ~93M shares, the company plans to advance Canadian/Mexican assets and grow its royalty portfolio through disciplined transactions.

Chesapeake Gold Corp. (TSXV: CKG) announces a $10 million bought deal public offering of 2,380,953 units at $4.20 each. Each unit includes one common share and one-half warrant (exercisable at $5.65 for 36 months). Proceeds will advance proprietary oxidative leach technology, the Metates and Lucy projects, and working capital. Led by Red Cloud Securities, closing expected ~January 27, 2026, with 15% over-allotment option.

Aura Minerals Inc. reported record Q4 2025 preliminary production of 82,067 GEO, up 11% from Q3 and 23% from Q4 2024. Full-year 2025 output reached 280,414 GEO (+5% vs. 2024), achieving the upper half of its 266,000–300,000 GEO guidance, driven by contributions from six mines including strong ramp-up at Borborema and initial output from the acquired MSG mine.

Mexus Gold US provided a corporate update on its Santa Elena Gold Project in Sonora, Mexico, on January 12, 2026. The company, in good standing in Nevada, voluntarily halted OTC trading in 2024 to save over $150,000 annually and redirect funds to the fully permitted 6,000-acre property. It reports 2023 test pit sales of $178,000 at 3.2 gpt gold and seeks a joint venture partner to explore and develop a potential 1-3 million ounce gold/silver deposit, planning to relist publicly once funded amid rising gold prices to $4,400/oz.