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Base Metals Energy Junior Mining Precious Metals

West Point Gold Intersects 21.4 m of 1.01 g/t Au in the Union Pass Fault Corridor, Unlocking Approximately 12 kms of Strike Length

Vancouver, British Columbia–(Newsfile Corp. – June 4, 2026) – West Point Gold Corp. (TSXV: WPG) (OTCQX: WPGCF) (FSE: LRA0) (“West Point Gold” or the “Company”) is pleased to announce results from its property-wide target testing program. The initial drilling campaign into the Union Pass Fault Corridor at the Bull 8 target returned significant gold values highlighted by a 21.4 metre (“m”) broad interval of gold (“Au”) mineralization at 1.01 grams per tonne (“g/t”). The Bull 8 target is approximately 6 kilometres (“km”) northwest (“NW’) of the Tyro zone, outside of where the company is working on its upcoming maiden mineral resource estimate (“MRE”).

The Union Pass Fault is a major regional structural feature, with several associated faults mapped and sampled along its 12km strike length on the property. Initial drilling into the Union Pass Fault Corridor was targeted at Bull 8, which has several historical prospect pits and trenches. West Point Gold completed surface mapping and sampling in the area, which revealed a broad northwest-trending zone of highly prospective mineralization; rock types hosted within gold-bearing structures that have returned gold values greater than 2 g/t Au. Bull 8 is on the northwest portion of the Union Pass Fault Corridor, shown to be a controlling structure of the Frisco Graben.

To date, 20,116m of the ongoing drill program at the Gold Chain project has been completed. Results are pending from the Black Dyke, Tyro Main, and NE Tyro zones representing 35 holes (7,697m).

Highlights:

  • Hole GC26-136 returned 21.4m (18m true width) at 1.01g/t Au from 71.6m to 93.0m within a broadly mineralized envelope.
  • Hole GC26-130 returned 12.2m of 0.41g/t Au from 6.1m to 18.3m (Figure 2), identifying an extensive near surface lower grade zone.
  • The structural corridor that hosts the Bull 8 prospect also is one of the controlling features of the Frisco Graben. Extensive quartz veining, hydrothermal alteration and anomalous gold values can be observed over the entire 12kms.
  • All holes drilled across the Bull 8 prospect intersected gold mineralization.

“The significance of the results in GC26-136 has less to do with the significant gold values intersected and more to do with the structural setting. The Union Pass Fault Corridor, and the associated Frisco Mine fault are major regional structural features with approximately 12km of demonstrated strike length on Gold Chain. Exploration success at Bull 8 supports the Company’s view that these major features, which also control the Frisco Graben, appear to have played an important role in the mineralizing events at Gold Chain. We believe these results de-risk other targets along the Union Pass Fault Corridor, including the Frisco Graben,” stated Derek Macpherson, President and CEO.

Table 1: Drill Results

HolesFrom (m)To (m)Width (m)Grade (g/t Au)
GC26-126118.9182.964.00.12
GC26-128No Significant Values
GC26-1306.118.312.20.41
GC26-13257.965.57.60.35
including89.999.09.10.22
GC26-13671.693.021.41.01
GC26-14136.639.63.10.25

Note: All widths shown are downhole. True widths are estimated to be 80 to 90% of apparent widths except in GC26-126 which is about 25%.

Figure 1: Plan view of the Gold Chain project showing geology, historical mines and/or current prospects. Note the location of the Bull 8 prospect.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/300085_e9717b29241cbb12_002full.jpg

Figure 2. Geologic map of the Bull 8 prospect showing the NW-trending mineralized zone following the intensely broken and sheared Union Pass Fault Corridor. Also shown are the reported drill holes, Au-in-rock values and historical pits and trenches.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/300085_e9717b29241cbb12_003full.jpg

Summary

West Point Gold has recently completed an initial drilling campaign composed of 6 holes totalling 855.7m (Table 2) at Bull 8. The identification of broadly veined intervals at a dike/Precambrian contact within a regional shear zone hosting low-level gold values (100 to 500 ppb Au) suggests follow-up drilling is warranted. This structural corridor, which hosts widespread, high-level veining with anomalous gold values over several kilometres, hosts numerous additional targets. Hole GC26-136, the deepest hole drilled in this campaign, identified 21.4m at 1.01 g/t Au, supporting the Company’s belief that surface features are a manifestation of concealed gold mineralization.

The exploration conducted to date at the Bull 8 prospect, along with more regional geologic, geochemical, and geophysical studies, reveals that a regional northwest structural corridor is the dominant geologic feature. The Bull 8 prospect is a small hill surrounded (Figure 2) on 3 sides by Quaternary alluvium. This hill is traversed by several fault-bounded dikes emplaced into widely sheared, brecciated and altered Precambrian granite, which has been tested by several historical pits, adits and trenches; surface gold values are up to 2.09 g/t Au. The dikes and confining structures dip steeply to the north-northeast and are consistent with attitudes seen along the Union Pass Fault

Corridor (including the Frisco Mine Fault) across the Gold Chain project (about 12km). Throughout the entire strike length documented by West Point Gold, the hanging wall (HW) is strongly altered to silica + clay + hematite (steam-heated environment), whereas the footwall (FW) (generally Precambrian granite) is propylitized. Quartz veinlets and cemented breccias are also widespread and commonly anomalous in gold.

Exposures of the mineralized zone at Bull 8 reveal strongly sheared and brecciated Precambrian granite hosting both quartz vein fragments and quartz-chalcedony veinlets and silicification. The sheared and brecciated rocks contained abundant iron oxides, which were observed in all of the drill holes. The highly variable appearance of the mineralized zone, including quartz styles, textures and colours, suggests prolonged tectonism and mineralization, including widespread evidence of post-mineral movements. Distinct, continuous veins are not apparent.

Figure 3. Geologic section drawn along Holes GC26-132 and GC26-136 showing felspar porphyry and andesite dikes emplaced into a shear zone. Gold mineralization is concentrated along the footwall contact of the dike complex.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/300085_e9717b29241cbb12_004full.jpg

Figure 3 provides a geologic sketch of the two deeper holes, GC26-132 and -136. The section reveals a close correlation between quartz veining, along with gold, and the footwall contact of a feldspar porphyry dike complex and the Precambrian granite. This contact, along with other dike contacts, are faults. Surface exposures of the dike do not reveal shearing, brecciation, or fracturing as seen in the surrounding Precambrian granite, suggesting that the dikes were emplaced into the structural corridor after much of the tectonism. Similar features have been observed several kilometres to the southeast, i.e. Frisco Graben and Tyro Vein, suggesting a prolonged structural history.

Importantly, Hole GC26-136 encountered gold grades up to 5.96 g/t Au and 21.4m at 1.01 g/t Au from 70.6 to 93.0m. Approximately 50m above (Figure 3), Hole GC26-132 encountered a broad zone of moderate to strong quartz veinlets with 7.62m at 0.35 g/t Au at the HW contact and 9.14m at 0.22 g/t Au along the FW; strongly anomalous gold values exist between the two intervals. Most importantly, veining appears to coalesce with depth, along with an increase in gold values. This scenario is similar to the uppermost NE Tyro vein where strongly altered, weakly mineralized rock sits immediately above broad widths and high gold grades.

Table 2: Drill hole locations and descriptions

Hole No.Azimuth (degrees)Inclination (degrees)EastingNorthingLength (m)
GC26-12630-50727,7703,905,087181.4
GC26-128210-50727,7903,905,165125.0
GC26-130210-50727,8433,905,168138.7
GC26-132210-50727,9153,905,178160.0
GC26-136210-75727,9153,905,174139.3
GC26-141210-60727,9563,905,126111.3

New Era Publishing Inc. marketing engagement

West Point Gold has engaged New Era Publishing Inc. (“New Era”), also doing business as Katusa Research, an arm’s-length service provider, to provide the Company certain investor relations and marketing services, in accordance with the policies of the TSX Venture Exchange and applicable securities laws. Based in Vancouver, BC, New Era specializes in media and investor relations services, within the natural resource sector. Under a consulting agreement dated May 27, 2026, New Era will provide media relations, investor communication and market awareness services to the Company for a three-month term for a one-time fee of $250,000 (U.S.), payable at the commencement of services. The Company will not issue any securities to New Era as compensation for its services. As of the date hereof, to the Company’s knowledge, New Era (including its directors and officers) does not own any securities of the Company. The marketing agreement with New Era is subject to TSX Venture Exchange approval.

Qualified Person
Robert Johansing, M.Sc. Econ. Geol., P. Geo., the Company’s Vice President, Exploration, is a qualified person (“QP”) as defined by NI 43-101 and has reviewed and approved the technical content of this press release. Mr. Johansing has also been responsible for overseeing all phases of the drilling program, including logging, labelling, bagging and transport from the project to American Assay Laboratories of Sparks, Nevada. Drillholes have a diameter of about 10cm, and samples have an approximate weight of 5 to 10kg. Samples were then dried, crushed and split, and pulp samples were prepared for analysis. Gold was determined by fire assay with an ICP finish, and over-limit samples were determined by fire assay and gravimetric finish. Silver plus 15 other elements were determined by Aqua Regia ICP-AES (IM-2A16), and over-limit samples were determined by fire assay and gravimetric finish. Both certified standards and blanks were inserted on site along with duplicates, standards and blanks inserted by American Assay. The results summarized above have been carefully reviewed with reference to the QA/QC results. Standard sample chain of custody procedures were employed during drilling and sampling campaigns until delivery to the analytical facility.

About West Point Gold Corp.
West Point Gold is an exploration and development company focused on unlocking value across four strategically located projects along the prolific Walker Lane Trend in Nevada and Arizona, USA, providing shareholders with exposure to multiple discovery opportunities across one of North America’s most productive gold regions. The Company’s near-term priority is advancing its flagship Gold Chain Project in Arizona.

For further information regarding this press release, please contact:
Aaron Paterson, Corporate Communications Manager
Phone: +1 (778) 358-6173
Email: info@westpointgold.com

Stay Connected with Us:
LinkedIn: linkedin.com/company/west-point-gold
X (Twitter): @westpointgoldUS
Facebook: facebook.com/Westpointgold/
Website: westpointgold.com/

FORWARD-LOOKING STATEMENTS:
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events including, among others, assumptions about future prices of gold, silver, and other metal prices, currency exchange rates and interest rates, timing of the Company’s maiden resource estimate, favourable operating conditions, political stability, obtaining government approvals and financing on time, obtaining renewals for existing licenses and permits and obtaining required licenses and permits, labour stability, stability in market conditions, availability of equipment, availability of drill rigs, and anticipated costs and expenditures. The Company cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the Company’s control. Such factors include, among other things: risks and uncertainties relating to West Point Gold’s ability to complete any payments or expenditures required under the Company’s various option agreements for its projects; and other risks and uncertainties relating to the actual results of current exploration activities, the uncertainties related to resources estimates; the uncertainty of estimates and projections in relation to production, costs and expenses; risks relating to grade and continuity of mineral deposits; the uncertainties involved in interpreting drill results and other exploration data; the potential for delays in exploration or development activities; uncertainty related to the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results may vary from those expected; statements about expected results of operations, royalties, cash flows, financial position may not be consistent with the Company’s expectations due to accidents, equipment breakdowns, title and permitting matters, labour disputes or other unanticipated difficulties with or interruptions in operations, fluctuating metal prices, unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and regulatory restrictions, including environmental regulatory restrictions. The possibility that future exploration, development or mining results will not be consistent with adjacent properties and the Company’s expectations; operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather); metal price fluctuations; environmental and regulatory requirements; availability of permits, failure to convert estimated mineral resources to reserves; the inability to complete a feasibility study which recommends a production decision; the preliminary nature of metallurgical test results; fluctuating gold prices; possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, political risks, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks involved in the mineral exploration and development industry, and those risks set out in the filings on SEDAR+ made by the Company with securities regulators. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this corporate press release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, other than as required by applicable securities legislation.

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 release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300085

Categories
Base Metals Breaking Energy Junior Mining Precious Metals Project Generators

Questcorp Mining and Riverside Resources Advance Toward Drilling with Expanded IP Survey at La Union Project, Sonora, Mexico

Vancouver, British Columbia–(Newsfile Corp. – June 2, 2026) – Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the “Company” or “Questcorp”) is pleased to provide an update on ongoing exploration activities at the La Union Gold-Silver Project in Sonora, Mexico, where the Company and its technical partner, Riverside Resources, have completed an expanded induced polarization (“IP”) geophysical survey designed to further refine drill targets ahead of the Company’s fully funded Phase 2 drill program.

Five IP lines were strategically positioned across key high-priority target areas identified through recent geological mapping, geochemical sampling, historical drilling, underground mine investigations, and the Company’s successful 2026 exploration campaign. The program represents the final stage of target refinement before drilling commences.

The successful IP continues a series of encouraging exploration results reported during the spring 2026 field program, including high-grade gold, silver, lead and zinc mineralization from the Union Mine, Union Norte, Javalí and Creston target areas. These results, combined with the recently completed district-wide structural reinterpretation and expanded aeromagnetic survey, continue to strengthen management’s confidence in the scale and discovery potential of the La Union Project.

Questcorp President and CEO Saf Dhillon added:

“The completion of this IP survey marks an important milestone as we move into what we believe will be the most exciting phase in the evolution of the La Union Project. Over the past several months, our team has systematically expanded the project’s opportunity set through new discoveries, high-grade sampling results, structural reinterpretation and now targeted geophysics. What is particularly exciting is that every layer of work continues to point toward a larger mineralized system than originally recognized.

With permits secured, funding in place, contractors engaged and drill targets being refined in real time, we are now on the threshold of our Phase 2 drill program. We believe the upcoming drilling campaign has the potential to be transformational for Questcorp as we begin testing multiple high-priority targets across this rapidly emerging district-scale gold and polymetallic system.”

John-Mark Staude, President and CEO of Riverside Resources, commented:

“We are pleased to continue advancing the La Union Project alongside Saf, Tim and the entire Questcorp team. The combination of high-grade surface results, expanding target areas and the geophysical responses we are seeing from the current IP survey provides a compelling framework for the next phase of drilling. The project continues to demonstrate the characteristics of a large mineralized system with significant exploration upside.”

IP coverage across the Union Mine area successfully highlighted conductive zones coincident with previous drilling and known mineralization while also identifying potential extensions beyond historically tested areas. Equally important, the northern portion of the property has now been surveyed for the first time, generating several new geophysical targets that will be evaluated as part of the upcoming drill campaign.

The IP survey enhanced the Company’s understanding of the structural and geological controls associated with both carbonate replacement (“CRD”) style mineralization and the emerging sediment-hosted gold targets identified across the broader project area. Conductive responses along all five survey lines are providing additional vectors for drill targeting and further supporting the district-scale exploration potential at La Union.

Qualified Person

The technical content of this news release has been reviewed and approved by R. Tim Henneberry, P. Geo (BC), a Director of the Company and a Qualified Person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Questcorp Mining Inc.

Questcorp is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metal properties of merit. The Company holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 1,168.09 hectares comprising the North Island Copper property, on Vancouver Island, B.C., subject to a royalty obligation. The Company also holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 2,520.2 hectares comprising the La Union project located in Sonora, Mexico, subject to a royalty obligation.

ON BEHALF OF THE BOARD OF DIRECTORS,

Saf Dhillon
President & CEO

Questcorp Mining Inc.
saf@questcorpmining.ca
Tel. (604-484-3031)
Suite 550, 800 West Pender Street
Vancouver, British Columbia
V6C 2V6

https://questcorpmining.ca

This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the intended use of proceeds from the Offering; and closing of subsequent tranches of the Offering. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299552

Categories
Base Metals Blog Breaking Precious Metals Uncategorized

AIAI Holdings and Constellation Network Launch Arca Wallet, a Wallet to Self-Manage Digital Dollars

New Mobile Wallet Combines Digital Dollar Management, Streamlined Identity Verification and an Integrated App Marketplace Designed to Expand Access to Global Payments

DALLAS, TX / ACCESS Newswire / June 2, 2026 / AIAI Holdings Corporation (NASDAQ:AIAI) (“Ai2” or the “Company”), an AI-enabled diversified holding company utilizing Transformational AI to enhance portfolio performance, along with its subsidiary portfolio company Constellation Network, a blockchain and data infrastructure company, today announced the public launch of Arca Wallet, a self-custodial mobile dollar wallet that enables anyone, anywhere, to hold, send, and manage digital dollars directly from their smartphone. Arca Wallet is available for download on the App Store and Google Play.

Arca Wallet is designed to address a large and evolving global payments market by combining self-custody, digital dollar transfers, streamlined identity verification, and an integrated application marketplace in a single mobile experience. The product reflects Ai2‘s broader strategy of supporting portfolio companies that apply advanced technology to clear commercial use cases with the potential to create scalable, transaction-driven revenue opportunities.

“At the heart of Constellation’s design genius is the application of Transformational AI to create products adaptable to a multitude of use cases. Arca Wallet exemplifies the technology we are building at AIAI – products that create real, measurable value for people,” said Todd Furniss, CEO and co-founder of AIAI Holdings Corporation. “Giving users with a smartphone the ability to hold and send currency without a bank account is exactly the kind of product we want in this portfolio. Just as importantly, Arca’s identity verification and marketplace architecture create a foundation that can extend into a much broader range of uses and a much broader range of partner-enabled applications over time, expanding the wallet from a payments tool into a digital Swiss army knife.”

“We built Arca around one principle: Your wallet and everything in it belongs to you,” said Ben Jorgensen, CEO of Constellation Network. “That means you hold your own keys, no institution can touch your funds, and you pay a fraction of what conventional services charge to send money internationally. Arca provides banking features without having a bank. The marketplace takes that further and extends that utility by allowing users to complete identity verification once and then access a growing network of uses and approved partner applications from the same wallet. We built it for the world as it actually exists today.”

Arca Wallet is built on a self-custodial model, meaning users retain direct and exclusive control over their digital assets at all times. No institution, including Arca itself, holds, manages or has the technical ability to restrict access to user funds. Users authenticate through email or social login and complete setup in approximately 30 seconds, without a bank account, minimum balance or prior knowledge of digital asset infrastructure. The wallet supports USDC (USD Coin) and USDT (Tether), U.S. dollar-denominated digital currencies issued and redeemable 1:1 for U.S. dollars by regulated third parties. Arca’s underlying technology covers network transaction costs on behalf of users, so senders pay only Arca’s disclosed flat fee.

Beyond core dollar management, Arca Wallet includes an integrated in-app marketplace through which users gain access to a curated network of approved third-party partners and applications. Identity verification is completed once; users then interact with the full ecosystem of Arca-supported services without repeated onboarding. Over time, as partner integrations are developed, Arca’s verification architecture is designed to support broader use cases where trusted user information may be required, such as secure identity verification for travel or access programs, healthcare registration, insurance enrollment and policy updates, government benefits registration, employee onboarding, mortgage and loan applications, tax-related filing processes, and other digital forms or app-based registration workflows.

The marketplace is designed to expand the utility of the wallet over time and creates a diversified, transaction-driven revenue stream for the Company through fees assessed on partner-enabled commerce.

Cross-border payments represented approximately $179 trillion in global transaction flows in 2024, according to the McKinsey Global Payments Map. A significant portion of lower-value cross-border activity continues to rely on legacy financial infrastructure, creating demand for faster, more accessible, and more cost-efficient alternatives. Arca addresses this opportunity by enabling international transfers that settle in seconds, compared to the one-to-five business days typical of conventional wire transfers, at a flat 0.5% fee versus a global average remittance cost of approximately 6.36%, according to the World Bank’s Remittance Prices Worldwide data. Account creation requires no bank account, no minimum balance, and no paperwork, making the product accessible to populations historically excluded from digital financial services.

Arca users may also opt into SimpleFi, a dollar savings product that allows users to put their dollars to work with no lock-up period and no minimum balance. Returns through SimpleFi are variable and not guaranteed. SimpleFi is not a savings account and is not FDIC insured. Past performance does not guarantee future results. Arca does not provide investment, financial or tax advice.

Arca is not a bank. Digital dollars held in Arca are not bank deposits, are not FDIC insured, and are not guaranteed by any government entity. Availability of Arca Wallet, SimpleFi, and marketplace services may be subject to jurisdictional restrictions, eligibility requirements, and applicable law.

Apple and App Store are trademarks of Apple Inc. Google Play is a trademark of Google LLC. Neither Apple Inc. nor Google LLC sponsors or endorses Arca Wallet.

About Constellation Network

Constellation Network is a technology company developing products at the intersection of AI and blockchain. Its technology, including a native Layer 1 blockchain protocol, supports trusted data, verifiable provenance, and auditable flows for customers across retail intelligence, U.S. defense applications, AI security, and consumer applications. Constellation became part of the AIAI Holdings portfolio in May 2026 and continues to operate the Constellation Network protocol and ecosystem alongside the development of new commercial products including Constellation Gate AI. More information is available at https://constellationnetwork.io.

Cautionary Note Regarding Forward Looking Statements

This press release contains “forward-looking statements” or “forward-looking information” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and plans of the Company. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding our expectations, intentions, beliefs, plans, objectives, goals, strategies, future events or performance, and underlying assumptions. Forward-looking statements are often identified by the use of words such as “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “would,” “could,” “should”, “estimate,” “plan,” “predict,” “project,” “estimate”, or “continue,” or similar expressions, including the negative of these terms or other comparable terminology.

Forward-looking statements are based on the Company’s current expectations regarding its strategy, plans, intentions, performance, or future occurrences or results, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of known and unknown risks, uncertainties, and other factors, many of which are outside of the Company’s control, that could cause actual results, performance, or achievements to materially differ from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such risks, uncertainties and other factors include, but are not limited to our lack of operating history, our ability to attract new investments, our failure to manage growth effectively, our acquisition activities may pose risks that could harm our business, and our licensed AI may not perform up to the expected standards, as well as general business and economic conditions, competitive pressures, regulatory changes, technological developments, and other factors identified in the Company’s most recent filings with the U.S. Securities and Exchange Commission, including our Registration Statement on Form S-1, which are available for review at www.sec.gov. Furthermore, the Company operates in a competitive environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results.

The forward-looking statements in this press release are based on information available to us as of the date hereof, and we disclaim any intention to, and, except as may be required by law, undertake no obligation to, update or revise forward-looking statements to reflect events or circumstances that subsequently occur or of which the Company hereafter become aware. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.

Investor Relations

Matthew Selinger, Senior Partner
Integrous Communications
Email: mselinger@integcom.us
Phone: 415-572-8152

Visit and follow AIAI Holdings Corporation online:

Website: www.aiaiholdings.com
LinkedIn: https://www.linkedin.com/company/aiaiholdings/
X/Twitter: https://x.com/_AiSquared
Instagram: https://www.instagram.com/_aisquared/
Facebook: https://www.facebook.com/aiaiholdings

SOURCE: AIAI Holdings Corporation



View the original press release on ACCESS Newswire

Categories
Base Metals Breaking Energy Junior Mining Precious Metals

AIAI Holdings’ Constellation Network Unveils Gate AI Security Gateway and Performance Benchmarks Ahead of June Launch

Technical report identifies Gate AI as one of the top performing AI security gateways across 16 public prompt injection evaluations, ranking first on half of the evaluated datasets.

DALLAS, TX / ACCESS Newswire / May 28, 2026 / AIAI Holdings Corporation (NASDAQ:AIAI) (“Ai2” or the “Company”), an AI-enabled diversified holding company utilizing Transformational AI to enhance portfolio performance, today announced that one of its portfolio companies, Constellation Network, its blockchain and data infrastructure company, will launch its AI security gateway product, Constellation Gate AI, in June 2026. Ahead of the launch, Constellation has published a technical report in which it concludes Gate AI is one of the top performing solutions on evaluated public benchmark datasets, ranking first on 8 benchmarks and placing in the top three on 4 more.

“Constellation’s infrastructure is built around trusted data, and Gate AI is a strong example of that capability in action,” said Todd Furniss, CEO and Co-founder of AIAI Holdings Corporation. “The benchmark results described in the technical report position Gate AI among the strongest performing. We believe this validates the strength of Constellation’s technology and provides AIAI with a differentiated blockchain security platform that can support the next generation of AI driven systems, while also creating opportunities to integrate trusted data validation capabilities across AIAI’s portfolio companies.”

“We are excited to launch Gate AI for several reasons. The performance results we’ve highlighted demonstrate the platform’s capabilities, and we believe that this starts a major trend of converging AI with blockchain technologies. We also see significant unmet demand across the market, from enterprises to smaller organizations, for solutions like this. With that in mind we built it to be something teams can deploy in minutes and rely on every day, while providing an accessible gateway that can support users at any scale.”

“Every team building with AI today is faster and more efficient than they were a year ago. However, developers are just one prompt injection away erasing their gains through a security incident.” said Ben Jorgensen, CEO of Constellation Network. “Gate AI plugs into any existing AI workflow without code changes, blocks those attacks before they reach the model, and produces a tamper-evident audit trail of every request and response. We built it to be something teams can set up in minutes and rely on every day.”

Constellation Gate AI is a security and audit gateway for AI applications. It plugs into any existing AI workflow without code changes and provides prompt-injection defense, a tamper-evident audit trail of every model call, and unified cost and usage visibility across major commercial model APIs and open-weight models.

Prompt injection is the class of attack in which malicious instructions hidden inside emails, documents, websites, or other content retrieved by an AI agent cause that agent to take actions its operator did not intend. As AI agents increasingly execute real work on behalf of users and organizations, the security layer for those agents has to sit in line with every model call.

Early access registration is open now at https://constellationgate.ai.

Benchmark Results

A technical report authored by Ryle Goehausen, Head of Protocol at Constellation Network, published alongside today’s announcement evaluates Gate AI’s prompt-injection detection cascade against 16 public benchmark datasets. The report describes the testing and evaluation methodology in full. Two design choices apply across every dataset: a single global operating point and no per-dataset threshold tuning.

Results Highlights:

  • F1 of 97.4% at a 1% false-positive rate gating constraint across the full 16-dataset corpus.
  • Ranked first on half of the 16 evaluated datasets, placing second on 3 and third on 1 when compared against published competitor scores.
  • Median end-to-end response time of 53 milliseconds, 95th-percentile 571 milliseconds, mean 104 milliseconds.

The cleanest head-to-head comparison with the largest commercial competitor sits on two stringent benchmarks of legitimate, non-attack user prompts, where the meaningful metric is how often a detector mistakenly blocks legitimate traffic. On the Wildguard-benign dataset, Gate AI’s false-positive rate was 1.03%, against the enterprise competitor’s published 17.4%. On Notinject, Gate AI’s rate was 2.06%, against the enterprise competitor’s published 12.4%.

The full report, including dataset descriptions, per-dataset confidence intervals, and the complete competitor scoreboard with citations, is available on the Constellation Network blog: https://constellationnetwork.io/blog/gate-ai-prompt-injection-benchmark/

Constellation Gate AI will be available in two configurations at launch:

  1. Bring Your Own Keys. Customers connect their existing model provider accounts and route traffic through Gate AI for audit and cost visibility. A free tier is planned, with a paid tier that adds prompt-injection defense and audit anchoring.
  2. Pay As You Go. Customers prepay a balance and consume major commercial and open-weight models through Gate AI without managing upstream provider relationships directly. Security and audit features are included.

Early access registration is intended to provide qualified developers and teams with access to the gateway ahead of general availability, along with documentation, integration guides for popular AI development tools, and onboarding for the planned audit-anchoring feature, which is designed to write tamper-evident receipts of model interactions to the Constellation Network protocol.

About AIAI Holdings Corporation

AIAI Holdings Corporation (Ai2) (NASDAQ:AIAI) is an AI-enabled diversified holding company that acquires and grows companies across multiple industries. We expect to drive revenue and earnings growth throughout our portfolio by applying exclusively licensed Transformational AI to enhance operational efficiency and financial performance.

Ai2 is building a next-generation model for technology-enabled business operations, which is expected to create sustainable value for shareholders through the strategic integration of artificial intelligence across diverse industries.

About Constellation Network

Constellation Network is a technology company developing products at the intersection of AI and blockchain. Its technology, including a native Layer 1 blockchain protocol, supports trusted data, verifiable provenance, and auditable flows for customers across retail intelligence, U.S. defense applications, AI security, and consumer applications. Constellation became part of the AIAI Holdings portfolio in May 2026 and continues to operate the Constellation Network protocol and ecosystem alongside the development of new commercial products including Constellation Gate AI. More information is available at https://constellationnetwork.io.

Cautionary Note Regarding Forward Looking Statements

This press release contains “forward-looking statements” or “forward-looking information” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and plans of the Company. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding our expectations, intentions, beliefs, plans, objectives, goals, strategies, future events or performance, and underlying assumptions. Forward-looking statements are often identified by the use of words such as “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “would,” “could,” “should”, “estimate,” “plan,” “predict,” “project,” “estimate”, or “continue,” or similar expressions, including the negative of these terms or other comparable terminology.

Forward-looking statements are based on the Company’s current expectations regarding its strategy, plans, intentions, performance, or future occurrences or results, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of known and unknown risks, uncertainties, and other factors, many of which are outside of the Company’s control, that could cause actual results, performance, or achievements to materially differ from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such risks, uncertainties and other factors include, but are not limited to our lack of operating history, our ability to attract new investments, our failure to manage growth effectively, our acquisition activities may pose risks that could harm our business, and our licensed AI may not perform up to the expected standards, as well as general business and economic conditions, competitive pressures, regulatory changes, technological developments, and other factors identified in the Company’s most recent filings with the U.S. Securities and Exchange Commission, including our Registration Statement on Form S-1, which are available for review at www.sec.gov. Furthermore, the Company operates in a competitive environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results.

The forward-looking statements in this press release are based on information available to us as of the date hereof, and we disclaim any intention to, and, except as may be required by law, undertake no obligation to, update or revise forward-looking statements to reflect events or circumstances that subsequently occur or of which the Company hereafter become aware. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.

Investor Relations

Matthew Selinger, Senior Partner
Integrous Communications
Email: mselinger@integcom.us
Phone: 415-572-8152

Visit and follow AIAI Holdings Corporation online:

Website: www.aiaiholdings.com
LinkedIn: https://www.linkedin.com/company/aiaiholdings/
X/Twitter: https://x.com/_AiSquared
Instagram: https://www.instagram.com/_aisquared/
Facebook: https://www.facebook.com/aiaiholdings

SOURCE: AIAI Holdings



View the original press release on ACCESS Newswire

Categories
Base Metals Energy Junior Mining Precious Metals Project Generators

Elemental Royalty Executes Agreement with KGHM Subsidiary to Option and Explore Four Porphyry Copper Projects in Nevada

Denver, Colorado–(Newsfile Corp. – May 27, 2026) – Elemental Royalty Corporation (TSX: ELE) (NASDAQ: ELE) (“Elemental” or “the Company“) is pleased to announce its wholly owned subsidiary Bronco Creek Exploration Inc. (“BCE“) has entered into an Exploration and Option agreement (the “Agreement“) with Robinson Holdings (USA) Ltd. (“RHUSA“), a subsidiary of KGHM Polska Miedź S.A. (“KGHM“) on four of its porphyry copper projects-Royston, Big E, Tango, and Whiskey-in Mineral and Nye Counties, Nevada. KGHM is a major copper and silver producer with operating mines in Europe and the Americas. The Agreement provides Elemental with execution payments, option payments, and work commitments on the Projects during the six-year earn-in period and grants RHUSA the opportunity to earn 100% interest in the Projects. For any Project in which RHUSA elects to earn-in, Elemental retains a 2% Net Smelter Return (“NSR“) royalty interest as well as Annual Advance Royalty (“AAR“) and certain milestone payments.

Highlights

  • Exploration and Option agreement executed with RHUSA on four Projects to explore for copper porphyries in west-central Nevada
  • The Agreement includes execution payments totalling US$315,000 and option payments up to US$600,000 per Project to Elemental over a six-year earn-in period
  • During the earn-in period, RHUSA will fund up to US$5,000,000 in exploration expenditures per Project
  • Upon exercise of a Project’s option, Elemental will be granted a 2% NSR royalty, as well as escalating AAR payments, starting at US$50,000 and other milestone payments as the Project advances

The four Projects were generated by BCE as part of its ongoing Western U.S. generative efforts focused on porphyry copper and related systems. Projects are situated within a mining-friendly region which boasts excellent infrastructure and access, and each project presents a unique opportunity to advance an underexplored porphyry copper-(gold-molybdenum) system in Nevada.

David M. Cole, Chief Executive Officer of Elemental, commented: “We are excited to collaborate with KGHM to advance each of these prospective properties in Nevada. The Elemental team continues to identify and generate exploration opportunities at low-cost, and a porphyry discovery on any one of these projects would represent significant value to all parties. This transaction reflects our ability to attract high-calibre partners and operators in Tier 1 jurisdictions, and it continues to build momentum in our growth trajectory.”

Commercial Terms Overview
Under the terms of the Agreement, RHUSA will acquire a 100% interest in each of the Royston, Big E, Tango, and Whiskey Projects by satisfying the following terms on a per-Project basis over a six-year option period. Upon execution, RHUSA will pay US$50,000 in cash, make a payment equal to the previous year’s holding costs, and will make option payments totalling up to US$600,000 during the six-year term of the option agreement. To exercise the option on a Project, RHUSA must spend US$5,000,000 in exploration expenditures on that individual property.

Upon option exercise by RHUSA, Elemental will retain a 2% NSR royalty on each Project. RHUSA will also make AAR payments of US$50,000 per Project, which will increase by US$10,000 per year, until a total of US$1,750,000 has been paid or Commercial Production commences. In addition, RHUSA will make Project milestone payments consisting of: US$500,000 upon declaration of a resource, US$750,000 upon completion of a Preliminary Economic Assessment and US$1,000,000 upon completion of a Feasibility Study.

Overview of the Projects
Royston: Located 30 km northwest of Tonopah, Nevada, the Royston Project hosts a copper-(gold-molybdenum) porphyry system. The upper levels of the porphyry system are partially exposed, however, extensional faulting accompanied by significant westward tilting and the eruption of post-mineral volcanics have buried more prospective portions of the system to the east. A five-hole reconnaissance reverse-circulation (RC) drill program, completed by a previous partner, confirmed the presence of strongly altered quartz-sericite-pyrite zones with anomalous base and precious metals under thin post-mineral volcanic cover. Geophysical surveys have defined robust chargeability anomalies that correlate with abundant sulfide mineralization in concealed host rocks. Two of the RC drillholes encountered strong alteration and increasing mineralization and were cased for re-entry on a follow-up drill program utilizing core tails.

Big E: Adjacent to Royston, the Big E Project comprises a similarly tilted and dismembered porphyry copper-(gold-molybdenum) target. Outcropping porphyry dikes with strong sericite-pyrite alteration at surface project under post-mineral volcanic and alluvial cover to the east. A previous partner completed a widely spaced three-hole reconnaissance RC program, which intersected similar porphyry dikes and associated quartz-sericite-pyrite alteration interpreted to represent the edge of the porphyry copper system. The paleo-down dip projection of the altered porphyry dikes remains untested, and the next stage of exploration will test these structural blocks that may represent the better mineralized core of the system.

Tango: The Tango Project represents a pooled land package between BCE’s claims and Great Western Mining Corporation PLC (AIM: GWMO) claims and targets a porphyry copper-molybdenum system located 100 kilometers west of Tonopah, Nevada (see Great Western news release dated August 12, 2024). Financial benefits from the Agreement that pertain to the Tango Project will be split 70% / 30% between BCE and Great Western respectively. Locally abundant quartz-copper oxide veining and associated widespread sericite pyrite alteration outcrops over an approximate 2-by-2-kilometer area. The outcropping system footprint is bounded by post-mineral volcanic and alluvial cover to north and east. Historical drilling by Conoco and Humble Oil in the 1960’s and 70’s failed to sufficiently test the system, largely due to shallow hole depths and a poor understanding of the alteration vectors. An IP survey completed by GWM in 2021 detected chargeability anomalies which highlight high priority targets within untested zones of the system. The host rock stratigraphy includes Ordovician carbonate units representing additional potential for skarn/replacement mineralization as well as the primary porphyry copper target.

Whiskey: Situated approximately 5km southwest of Tango, Whiskey is a porphyry copper-molybdenum target interpreted as a possible shallower-level analogue to Tango. The Whiskey Project exhibits ASTER anomalies, correlative with silicification and clay-sericite-pyrite alteration observed at surface, which are bounded by post-mineral volcanic cover. Dikes are present at surface and are reported in historical drill logs. In 1980, a historical drill program exploring for gold reported an intercept of 2 volume percent chalcopyrite from 88.4-97.5 m depth, but copper was not assayed in the drillhole. Similarly, historical surface sampling also did not assay for Cu, but results include anomalous Mo, Ag, As, and Hg values. The historical results suggest that modern systematic exploration will reveal additional upside at the Project, particularly since surface mineralization is interpreted to project beneath the post-mineral volcanic cover.

Elemental is looking forward to partner with KGHM and will provide technical and operational support during the option period.

David M. Cole
CEO and Director

For more information, please contact:

David M. Coleinfo@elementalroyalty.com
CEO
Tara Vivian-Nealinfo@elementalroyalty.com
Investor Relations

www.elementalroyalty.com

NASDAQ: ELE | TSX: ELE | ISIN: CA28620K1066 | CUSIP: 28620K

About Elemental Royalty Corporation
Elemental Royalty is a new mid-tier, gold-focused streaming and royalty company with a globally diversified portfolio of 18 producing assets and more than 200 royalties, anchored by cornerstone assets and operated by world-class mining partners. Formed through the merger of Elemental Altus and EMX, the Company combines Elemental Altus’s track record of accretive royalty acquisitions with EMX’s strengths in royalty generation and disciplined growth. This complementary strategy delivers both immediate cash flow and long-term value creation, supported by a best-in-class asset base, diversified production, and sector-leading management expertise.

Elemental Royalty trades on NASDAQ and on the Toronto Stock Exchange under the ticker Symbol “ELE”.

Qualified Person
Michael P. Sheehan, CPG, a Qualified Person as defined by National Instrument 43-101 and employee of the Company, has reviewed, verified and approved the disclosure of the technical information contained in this news release.

Cautionary note regarding forward-looking statements and financial outlook
This news release contains certain “forward-looking statements” and certain “forward-looking information” as defined under applicable United States and Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “should”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology (including negative and grammatical variations thereof).

Forward-looking statements and information include, but are not limited to, statements regarding future royalties and future consideration payments or issuances of shares, or other statements that are not statements of fact. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies.

Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Elemental to control or predict, that may cause Elemental’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the impact of general business and economic conditions, the absence of control over the mining operations from which Elemental will receive royalties, risks related to international operations, government relations and environmental regulation, the inherent risks involved in the exploration and development of mineral properties; the uncertainties involved in interpreting exploration data; the potential for delays in exploration or development activities; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with Elemental’s expectations; accidents, equipment breakdowns, title matters, labour disputes or other unanticipated difficulties or interruptions in operations; fluctuating metal prices; unanticipated costs and expenses; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations; currency fluctuations; regulatory restrictions, including environmental regulatory restrictions; liability, competition, loss of key employees and other related risks and uncertainties. For a discussion of important factors which could cause actual results to differ from forward-looking statements, refer to the annual information form of Elemental for the year ended December 31, 2025. Elemental undertakes no obligation to update forward-looking statements and information except as required by applicable law. Such forward-looking statements and information represent management’s best judgment based on information currently available. No forward-looking statement or information can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

Neither the Nasdaq Stock Market LLC, or the TSX, or its Regulation Service Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298986

Categories
Base Metals Energy Junior Mining Precious Metals

West Point Gold Announces Upgrade to the OTCQX

Vancouver, British Columbia–(Newsfile Corp. – May 26, 2026) – West Point Gold Corp. (TSXV: WPG) (OTCQX: WPGCF) (FSE: LRA0)  (“West Point Gold” or the “Company”) is pleased to announce that its common shares are now trading on the OTCQX Best Market under the ticker symbol “WPGCF“. West Point Gold upgraded to OTCQX from the OTCQB Venture Market. West Point Gold’s common shares will continue to trade on the Toronto Venture Exchange under the symbol “WPG” and on the Frankfurt Stock Exchange under the symbol “LRA0″.

The OTCQX Best Market is the highest market tier within OTC Markets, and trading on OTCQX will enhance the Company’s visibility and accessibility to US investors. To qualify for OTCQX, companies must meet high financial standards, follow best-practice corporate governance, and demonstrate compliance with applicable securities laws.

US investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

“Graduating to the OTCQX Best Market represents an important milestone for West Point Gold as we continue to broaden our visibility with U.S. investors. With an active exploration program underway at our flagship Gold Chain Project in Arizona and a broader portfolio of discovery-focused assets across the Walker Lane Trend, this upgrade supports our objective of improving market access, liquidity and awareness as we advance the Company,” stated Derek Macpherson, President and CEO.

About West Point Gold Corp.

West Point Gold is an exploration and development company focused on unlocking value across four strategically located projects along the prolific Walker Lane Trend in Nevada and Arizona, USA, providing shareholders with exposure to multiple discovery opportunities across one of North America’s most productive gold regions. The Company’s near-term priority is advancing its flagship Gold Chain Project in Arizona.

For further information regarding this press release, please contact:
Aaron Paterson, Corporate Communications Manager
Phone: +1 (778) 358-6173
Email: info@westpointgold.com

Stay Connected with Us:
LinkedIn: linkedin.com/company/west-point-gold
X (Twitter): @westpointgoldUS
Facebook: facebook.com/Westpointgold/
Website: westpointgold.com/

FORWARD-LOOKING STATEMENTS:

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events including, among others, assumptions about future prices of gold, silver, and other metal prices, currency exchange rates and interest rates, timing of the Company’s maiden resource estimate, favourable operating conditions, political stability, obtaining government approvals and financing on time, obtaining renewals for existing licenses and permits and obtaining required licenses and permits, labour stability, stability in market conditions, availability of equipment, availability of drill rigs, and anticipated costs and expenditures. The Company cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the Company’s control. Such factors include, among other things: risks and uncertainties relating to West Point Gold’s ability to complete any payments or expenditures required under the Company’s various option agreements for its projects; and other risks and uncertainties relating to the actual results of current exploration activities, the uncertainties related to resources estimates; the uncertainty of estimates and projections in relation to production, costs and expenses; risks relating to grade and continuity of mineral deposits; the uncertainties involved in interpreting drill results and other exploration data; the potential for delays in exploration or development activities; uncertainty related to the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results may vary from those expected; statements about expected results of operations, royalties, cash flows, financial position may not be consistent with the Company’s expectations due to accidents, equipment breakdowns, title and permitting matters, labour disputes or other unanticipated difficulties with or interruptions in operations, fluctuating metal prices, unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and regulatory restrictions, including environmental regulatory restrictions. The possibility that future exploration, development or mining results will not be consistent with adjacent properties and the Company’s expectations; operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather); metal price fluctuations; environmental and regulatory requirements; availability of permits, failure to convert estimated mineral resources to reserves; the inability to complete a feasibility study which recommends a production decision; the preliminary nature of metallurgical test results; fluctuating gold prices; possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, political risks, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks involved in the mineral exploration and development industry, and those risks set out in the filings on SEDAR made by the Company with securities regulators. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this corporate press release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, other than as required by applicable securities legislation.

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 release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298828

Categories
Base Metals Energy Junior Mining Precious Metals

Goldman maintains bullish gold outlook as central bank buying forecasts rise

Goldman Sachs has reaffirmed its positive stance on gold, keeping its year-end forecast of $5,400 per troy ounce after increasing its estimates for central bank demand and predicting that official-sector purchases will continue accelerating throughout the remainder of 2026.

The investment bank revised its internal tracking model for central bank gold demand after concluding that it had consistently understated buying activity since August 2025. Under the updated methodology, the 12-month moving average estimate rose to 50 tonnes per month as of March, compared with 29 tonnes under the earlier calculation.

According to the revised model, central banks are estimated to have purchased 66 tonnes of gold in January, a sharp increase from the previous estimate of 12 tonnes.

Goldman said the adjustment follows a widening discrepancy between declining gold inventories in London vaults and official U.K. trade figures. While bullion outflows from London storage facilities had continued to climb, British export data appeared to capture only part of those movements, indicating that some sovereign gold transactions were no longer being reflected in official statistics.

“We therefore adjust our nowcast by adding the discrepancy between London vault outflows and UK net exports as unrecorded sovereign gold flows,” Goldman strategists Lina Thomas and Daan Struyven said in a note.

Looking further ahead, Goldman expects central bank buying to average around 60 tonnes per month through 2026. The bank pointed to findings from its own central bank survey that showed “strong underlying interest in gold,” adding that recent geopolitical tensions “are likely to reinforce diversification over time — both for central banks and private investors.”

However, the strategists warned that near-term volatility remains possible. “Gold’s high liquidity makes it a natural source of cash if private investors face liquidity needs,” they wrote, noting the risk of a broader selloff if equity markets weaken due to higher interest rates or softer economic growth linked to geopolitical uncertainty.

Goldman’s demand-tracking model is based largely on U.K. customs and trade data because London’s over-the-counter bullion market handles the majority of sovereign gold transactions globally. Since the U.K. has very limited domestic gold production, bullion traded in the country must be imported before either being stored in London vaults or re-exported, making trade flows a useful indicator of where gold holdings are ultimately moving.

Gold price

Source: https://finance.yahoo.com/markets/commodities/articles/goldman-maintains-bullish-gold-outlook-141040865.html

Categories
Base Metals Energy Junior Mining Precious Metals Project Generators

Grizzly Provides Geophysical Program Updates to Define Precious and Critical Minerals Targets at Its Greenwood Projects, BC Canada

Edmonton, Alberta–(Newsfile Corp. – May 25, 2026) – Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) (“Grizzly” or the “Company”) is pleased to announce that it has recently received results from the Phase 2 Induced Polarization (IP) Survey at the Sappho Target area by Peter Walcott & Associates and the Company has commenced a Phase 1 IP survey at the Greyhound – Motherlode area near the town of Greenwood. In addition, the Company has received the results of early 2026 sampling at the Greenwood, BC Precious and Critical Minerals Project from APEX Geoscience Ltd. (APEX). The collection of a total of 63 rock grab and sand (tailings) samples has resulted in the discovery of one new metal occurrence at the Motherlode Northeast (NE) area, along with a number of excellent copper (Cu) – gold (Au) results from some old workings outside of but along the east side of the Motherlode Pit, the Sunset Pit area, the Greyhound Pit area and at the Sappho Prospect. The targets are all part of the Greenwood, BC Precious and Critical Minerals Project (Figure 1).

The focus of the 2026 program will be additional Induced Polarization (IP) surveys at the Sappho and Motherlode areas, along with trenching and drilling at Midway, targeting the historical Midway Mine. The initial drill program at the Sappho Skarn Target area has been completed with a total of 1,485 m in 7 holes. The core is being logged and sampled and results will be provided as they are received. Additional Phase 2 drilling is also planned for the Sappho area to test the recently discovered and new IP chargeability anomaly to the southeast of the main skarn area. Additional prospecting, mapping and reconnaissance sampling will be conducted across the entire project area throughout 2026.

IP and Sampling 2026 Highlights

  • Phase 2 Sappho IP results extend the IP Chargeability Anomaly up to 500 m south and 1 km east and is open in both directions (Figures 2 and 3).
  • The core of the IP Chargeability Anomaly ranges from 30 mV/V up to 85 mV/V in intensity, and in many instances is coincident with a strong resistivity anomaly or in some cases a weak conductivity anomaly (Figures 2 and 3).
  • A total of 63 rock grab samples were collected in January – February from the Motherlode-Greyhound area, the Motherlode and Phoenix historical tailings areas, from the Sappho skarn target area and the Rock Creek area (Figures 2 and 3).
  • A new showing, Motherlode Northeast, has been discovered approximately 780 m northeast of the Motherlode pit and recent grab samples have returned up to 5.12 grams per tonne (g/t) Au, 66.7 g/t silver (Ag) and 0.528% Cu (Figures 2 and 3; Table 1).
  • A number of samples with anomalous Cu and Au were collected from a series of workings along the east side of the Motherlode pit, that have been uncovered with recent logging of the Motherlode area, including four rock grab samples returning a range of 0.709% Cu up to 1.8% Cu and 1.37 g/t Au up to 3.61 g/t Au (Figures 2 and 3; Table 1).
  • Two rock grab samples collected from a rubble pile previously unsampled at the southeast corner of the Sunset Pit have returned 1.505% Cu and 1.71% Cu along with 2.42 g/t Au and 3.1 g/t Au, and 17.8 and 29.9 g/t Ag (Figures 2 and 3; Table 1).
  • Grab samples from fine sand and silt at the Motherlode Tailings area and one of the Phoenix Tailings areas has returned up to 0.145% Cu and 0.416 g/t Au from the Motherlode Tailings material and up to 0.16% Cu and 0.831 g/t Au from the Phoenix Tailings material (Figures 2 and 3; Table 1).
  • A rock grab sample collected from the Sappho Skarn Target returned 4.77% Cu, 0.018% cobalt (Co) and 12.3 g/t Ag (Figures 2 and 3; Table 1).

Brian Testo, President and CEO of Grizzly Discoveries, stated, “The results from the geophysical programs at our Sappho target, Midway and Motherlode area, continue to define the most prospective areas and the potential for new precious metals and critical mineral discoveries. The IP survey has outlined an extensive porphyry type anomaly at Sappho and we are excited to receive drilling results from the Sappho Target. We look forward to additional trenching and drilling at Midway along with additional exploration for significant precious metals and critical minerals prospects across our entire 170,000+ acre land holdings in the Greenwood District!“

Figure 1: Land position and targets discussed in this News Release, Greenwood Project.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/298716_49c115b414496a5f_002full.jpg

Figure 2. Greenwood East IP Survey Results and Au Results from 2026 Rock Grab Samples.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/298716_49c115b414496a5f_003full.jpg

Figure 3. Greenwood East IP Survey Results and Cu Results from 2026 Rock Grab Samples.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/298716_49c115b414496a5f_004full.jpg

Table 1. Summary Highlights Rock Grab Samples Early 2026 Exploration.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/298716_grizzlytableone.jpg

Plans for Summer and Fall 2026 Exploration at Greenwood

Trenching, rock and soil sampling along with drilling at the Midway Target area is being planned for summer and fall 2026. The IP surveys are continuing at Motherlode and there are extension lines being planned for Sappho to try and close out the large chargeability anomaly that has been identified in the 2026 surveys to date (Figures 2 and 3). The amount of drilling will depend upon the financing efforts and weather.

Additional results, including the results of the recently completed Phase 1 Sappho Skarn Target drilling will be forthcoming over the next coming months as work progresses and will be presented in additional news releases.

Quality Assurance and Control

Rock, soil samples and core are being analyzed at ALS Global Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO/IEC 17025:2017 accredited facility). Gold was assayed using a fire assay with atomic emission spectrometry and gravimetric finish when required (+10 g/t Au). Rock grab and rock chip samples from outcrop/bedrock are selective by nature and may not be representative of the mineralization hosted on the project.

The sampling program was undertaken by Company personnel under the direction of Michael B. Dufresne, M.Sc., P.Geol., P.Geo.. A secure chain of custody is maintained in transporting and storing of all samples.

The technical content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., P.Geo., who is a non-independent Consultant and Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

ABOUT GRIZZLY DISCOVERIES INC.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange focused on developing its approximately 72,700 ha (approximately 180,000 acres) of precious and critical minerals properties in southeastern British Columbia. Grizzly is run by a highly experienced junior resource sector management team, who have a track record of advancing exploration projects from early exploration stage through to feasibility stage.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.
Brian Testo, CEO, President

Suite 363-9768 170 Street NW
Edmonton, Alberta T5T 5L4
Email : info@grizzlydiscoveries.com

For further information, please visit our website at www.grizzlydiscoveries.com or contact:

Nancy Massicotte
Corporate Development
Tel: 604-315-1455
Email: nancy@grizzlydiscoveries.com

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 release.

Caution concerning forward-looking information

This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as “may,” “will,” “should,” “anticipate,” “plan,” “expect,” “believe,” “estimate,” “intend” and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly’s actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedarplus.ca. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298716

Categories
Base Metals Copper Bullet Mines Junior Mining Precious Metals

Due to Overwhelming Demand Coyote Copper Mines Inc. Announces Upsizing the Non-Brokered Financing to $7 Million

Toronto, Ontario–(Newsfile Corp. – May 25, 2026) – Coyote Copper Mines Inc. (TSXV: CCMM) (“CCMM” or the “Corporation”) announces upsizing its non-brokered financing to $7 million ($7,000,000)

The Corporation will issue up to 28,000,000 Units to be issued at a price of CAD$0.25 per Unit with each Unit consisting of one (1) fully-paid and non-assessable Common Share (a “Common Share“) and one half (½) Common Share purchase warrant (a “Half Warrant“) in the capital of the Corporation, for aggregate gross proceeds of up to $7,000,000 to be used for exploration and general corporate purposes (the “Offering“).

Two Half Warrants will entitle the holder thereof to purchase one common share (a “Warrant Share“) in the capital of the Corporation. Each Warrant will expire thirty six (36) months from the date of issue and will entitle the holder thereof to purchase one Common Share at a price of CAD$0.50 per Warrant Share within 36 months from the date of issue.

The Corporation may pay finder’s fees to arm’s-length third parties consisting of (i) cash commission of up to 7% of the gross proceeds of the Offering; and (ii) broker warrants (“Broker Warrants“) in an amount up to 7% of the total number of Units issued under the Offering.

Each Broker Warrant will expire 36 months from the date of issue (the “Broker Warrant Expiry Date“) and will entitle the holder thereof to purchase one Common Share of the Issuer at a price of $0.50 per Common Share at any time up until the Broker Warrant Expiry Date.

The closing of the first tranche of the Offering is expected to occur on or before May 28, 2025 (the “Closing Date“) or such other date as the Corporation may determine and is subject to Exchange approval.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“) or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Cautionary Statement Regarding Forward-Looking Information

This news release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation.

Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding the Offering, the business plans and expectations of the Corporation and expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement.

Investors are cautioned that forward-looking information is not based on historical facts but instead reflect management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects management’s current beliefs and is based on information currently available to them and on assumptions they believe to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to those set forth in the Filing Statement under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Corporation has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Corporation does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

For more information, please contact:

Dan Weir
CEO, Coyote Copper Mines Inc.
DanWeir@CoyoteCopper.com
Tel: +1-416-720-0754

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298715

Categories
Base Metals Energy Junior Mining Precious Metals

M42 Expands Defense and National Security Strategy Through Epirus Partnership and Fairfax International Defense Capabilities

DALLAS, TX / ACCESS Newswire / May 22, 2026 / Messier 42 LLC (“M42”), a private leading global artificial intelligence technology and digital transformation company, today announced that M42’s wholly owned subsidiary, Fairfax National Security Solutions LLC (“Fairfax”), has entered into a teaming arrangement with Epirus Inc. Under the agreement, Fairfax is expected to drive the compliant marketing and sales of select Epirus advanced counter-drone technologies to approved U.S. and allied government customers. M42 believes the agreement represents an important step in expanding Fairfax’s role as an international defense channel.

This agreement highlights the strategic importance of M42’s previously announced agreement to acquire a minority interest in Epirus, a high-growth defense technology company developing advanced counter-drone systems, including the Leonidas family of solid-state, software-defined, high-power microwave systems.

Epirus’ Leonidas platform is designed as a solid-state, high-power microwave system that uses advanced electronics and software-defined capabilities for counter-drone applications. This technology is designed to address the rapidly expanding threat posed by drones across military, homeland security, critical infrastructure, and allied defense environments.

Fairfax will serve as a compliant international channel to support the introduction, engagement, and potential sale of select Epirus counter-drone solutions into approved foreign markets. Fairfax is registered with the U.S. government as an exporter of defense training, equipment, and related defense services and solutions under the Arms Export Control Act and International Traffic in Arms Regulations, enabling participation in U.S. government and approved allied defense programs.

“Unmanned or drone systems are changing the character of modern conflict, creating an urgent need for scalable, sophisticated, and highly adaptable defensive capabilities,” said Patrick M. Walsh, Admiral, US Navy (ret), former Vice Chief of Naval Operations, former Commander, US Pacific Fleet, and a member of M42’s Advisory Board. “M42’s strategy brings together advanced technology, national security expertise, regulatory discipline, and allied-market access at a time when governments are seeking practical and affordable solutions to emerging drone threats. By combining Epirus’ leading counter-drone technology with Fairfax’s defense advisory and international compliance capabilities, M42 is positioning itself to support allied partners in addressing one of the most important defense challenges of our time.”

M42 believes the combination of Epirus’ technology with Fairfax’s national security and compliance infrastructure will create a significant long-term strategic opportunity. M42 expects Fairfax to play a central role in supporting disciplined, compliant, and targeted international engagement with approved allied governments and defense stakeholders.

“This is exactly the type of opportunity M42 was built to pursue,” said a spokesperson for M42. “The global defense environment is moving quickly, and the need for advanced counter-drone capabilities is no longer theoretical. Through our relationship with Epirus and our acquisition of Fairfax, M42 is bringing together leading technology, trusted national security leadership, and a compliant international defense platform. We believe this combination has the potential to become a meaningful contributor to M42’s long-term growth and free cash flow profile, while supporting allied governments in addressing urgent and evolving security needs.”

M42 previously announced its agreement to acquire a minority interest in Epirus in October 2025. The Company also announced its agreement to acquire Fairfax in March 2026 as part of the expansion of its Defense and National Security Unit.

About M42

M42 is a global leader in technology solutions and digital transformation, providing innovative services across various industries. As a syndicate leveraging AI for justice, truth and fairness, M42 combines deep expertise in artificial intelligence, cloud computing, and cybersecurity to drive growth and efficiency for its clients worldwide.

Forward Looking Statements

This document contains certain forward-looking statements within the meaning of Private Securities Litigation Reform Act of 1995. Forward-looking statements, including those related to M42, are statements that are based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond M42’s control. Except as required by law, M42 does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.

M42 Contacts

Matthew Selinger, Senior Partner
Integrous Communications
Email: mselinger@integcom.us
Phone: 415-572-8152
Website: https://m42.com/

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SOURCE: M42