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Elemental Royalty Announces Normal Course Issuer Bid

Denver, Colorado–(Newsfile Corp. – June 11, 2026) – Elemental Royalty Corporation (TSX: ELE) (NASDAQ: ELE) (“Elemental” or the “Company“) is pleased to announce that it has filed Notice of Intention to Make a Normal Course Issuer Bid (“NCIB“) with the Toronto Stock Exchange (the “TSX“) and intends to transact the NCIB through the facilities of the TSX, the Nasdaq Capital Market (“Nasdaq“), other designated exchanges and/or alternative trading systems in Canada and the United States or by such other means as may be permitted under applicable securities laws during the term of the NCIB.

Pursuant to the NCIB, Elemental may, during a 12-month period commencing June 15, 2026, and ending June 14, 2027, purchase up to 3,222,537 common shares in the capital of the Company (the “Shares“), being up to 5% of Elemental’s issued and outstanding Shares as at June 4, 2026.

The Board of Directors of Elemental believes that, from time to time, the market price of the Shares may not fully reflect the underlying value of Elemental’s royalty portfolio, cash flow profile and growth prospects. Accordingly, Elemental believes that the NCIB provides an additional capital allocation tool and that purchasing its Shares may represent an appropriate and desirable use of corporate funds and an opportunity to enhance shareholder value.

The average daily trading volume (“ADTV“) of the Company’s Shares on the TSX for the period from April 7, 2026, to June 4, 2026, as calculated in accordance with TSX rules, was 43,645 Shares. Accordingly, purchases made through the facilities of the TSX will be subject to a daily purchase limit of 10,911 Shares, representing 25% of the ADTV, subject to certain permitted exceptions under TSX rules for larger block purchases. In addition to purchases made through the facilities of the TSX, the Company intends to purchase Shares through the facilities of the Nasdaq and other designated exchanges and/or alternative trading systems in Canada and the United States as part of its NCIB, subject to applicable securities laws and exchange requirements. Given that the substantial majority of the Company’s trading volume is conducted on Nasdaq, the Company expects that the majority of repurchases under the NCIB will be made through the facilities of Nasdaq.

The price that Elemental will pay for any such Shares will be the prevailing market price at the time of acquisition. The number of Shares which may be purchased pursuant to the NCIB, and the timing of any such purchases, will be determined by the Company’s management. Purchases under the NCIB will be made from time to time by Raymond James Ltd. (the “Broker“) on behalf of Elemental. All Shares purchased pursuant to the NCIB will be returned to treasury for cancellation. Elemental has not purchased any of its Shares in the previous 12-month period.

In connection with the NCIB, Elemental intends to enter into an automatic share purchase plan (the “Plan“) with the Broker to allow for purchases of the Shares during “blackout” or “closed” periods under Elemental’s stock trading policy. Such purchases would be at the discretion of the Broker on parameters established by Elemental prior to any blackout or closed period. The Plan may be terminated by Elemental or the Broker in accordance with its terms and will otherwise terminate on the expiry of the NCIB.

A copy of the notice filed with the TSX may be obtained by any shareholder of the Company without charge by contacting the Company.

For further information contact:

David M. Coleinfo@elementalroyalty.com
CEO
Tara Vivian-Neal,investor@elementalroyalty.com
Investor Relations

www.elementalroyalty.com
Phone: +1 (604) 688-6390

TSX: ELE | NASDAQ: ELE | ISIN: CA28620K1066 | CUSIP: 28620K106

About Elemental Royalty Corporation.
Elemental 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 trades on Nasdaq and on the Toronto Stock Exchange under the ticker symbol “ELE”.

Cautionary note regarding forward-looking statements
This news release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable 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 with respect to the purchase of Shares under the NCIB and the enhancement of shareholder value as a result thereof, the implementation of the Plan, the future growth, development and focus of the Company, and the acquisition of new royalties and streams. 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 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 impact of any pandemic or epidemic; economic uncertainties created by the war in Ukraine and hostilities in the middle-east including the military conflict in Iran; the possibility that future exploration, development or mining results will not be consistent with Elemental 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; cybersecurity threats, security breaches and hacks; 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 represents 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, nor 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/301029

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Base Metals Breaking Energy Exclusive Interviews Junior Mining Precious Metals Project Generators

AIAI Holdings | Scaling Intelligence with Transformational AI

🔥 Mark your calendars! Going live TOMORROW at 9:00 AM Eastern, Todd Furniss, CEO of AIAI Holdings ($AIAI / “AI Squared”), sits down with Maurice Jackson on Proven and Probable for a masterclass on scaling enterprise intelligence! 🌐🚀

Forget the hype cycle. Discover how AI Squared is building a powerful, diversified moat by acquiring traditional brick-and-mortar operating companies and embedding proprietary, transformational AI directly into their core infrastructure to unlock massive hidden value. 📈💼

Key Discussion Highlights: 🔹 Moving Beyond the Hype: Why the real AI winners won’t just sell software, but fundamentally transform how businesses operate. 🔹 The Scalability Architecture: Tuning verticalized data models to dominate complex sectors like healthcare, defense, and logistics. 🔹 Driving Shareholder Return: A look at the company’s laser focus on capital allocation, revenue growth, and long-term dividend strategies following their Nasdaq listing.

Rumble: https://rumble.com/v7b43tc-todd-furniss-scaling-intelligence-with-transformational-ai.html

Set your reminder and catch the premier article and interview link directly on Proven and Probable ahead of the launch: 👇👇👇 https://provenandprobable.com/todd-furniss-scaling-intelligence-with-transformational-ai/

#AIAIHoldings #AIAI #AISquared #ToddFurniss #ArtificialIntelligence #TechStocks #Nasdaq #ValueInvesting #BusinessTransformation #StocksToWatch @ProvenProbable

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Base Metals Energy Junior Mining Precious Metals Project Generators

West Point Gold Intersects 19.7m of 9.06 g/t Au and 35.7m of 3.2 g/t Au, Improving Confidence at NE Tyro

Vancouver, British Columbia–(Newsfile Corp. – June 9, 2026) – West Point Gold Corp. (TSXV: WPG) (OTCQX: WPGCF) (FSE: LRA0) (“West Point Gold” or the “Company”) is pleased to announce drill results from the high-grade zone at Northeast (NE) Tyro, part of the recently completed drill program at its flagship Gold Chain Project in Arizona. The two holes reported herein, GC26-134 and GC26-137, further confirm and validate the high-grade discoveries made via reverse circulation drilling (“RC”) at the NE Tyro Zone in drill core. The highlight intervals of 9.06 grams per tonne (“g/t”) gold (“Au”) over 19.7 metres (“m”) and 3.2 g/t Au over 35.7m are in line with or exceed many prior results and continue to showcase the robust widths and high-grade tenor of the system at NE Tyro.

The 2025/2026 drilling campaign, comprising RC (18,683.3m) and core (2,395.7m), has now been completed, with a total of 21,079 m drilled. Approximately 7,025m of assays are pending and will be released over the next couple of months. With this year’s drilling now complete, the team will focus on integrating the results into the Company’s maiden mineral resource estimate (“MRE”), expected to be released later in 2026.

Highlights:

  • Hole GC26-134 returned 19.7m of 9.06 g/t Au from 95.8 to 115.5m, about 20m above GC25-059 (15.3m of 7.02 g/t Au).
  • Hole GC26-137 returned 35.7m of 3.2 g/t Au from 53.2 to 88.9m, including 10.2m of 10.23 g/t Au, about 20m above GC25-047 (38.1m of 4.86 g/t Au including 10.7m at 8.64 g/t Au).
  • The two core holes were drilled across the high-grade zone previously defined by reverse-circulation drilling to provide improved confidence and context for the geologic, geometric, and gold-grade models.

“These results continue to highlight the high-grade nature of NE Tyro and the potential of this zone. Importantly, these core holes correlate well with proximal RC holes, providing confidence that the practices used for our RC drilling are producing representative results. With the 21,079m completed in the most recent drill campaign, we are now focused on analyzing the results for both our upcoming maiden resource estimate at Tyro Main and NE Tyro and the planning for our next drill program,” stated Derek Macpherson, President and CEO.

Table 1: Drill Results

HolesFrom (m)To (m)Width (m)Grade (g/t Au)
GC26-13495.8115.519.79.06
GC26-13753.288.935.73.20
Including66.476.610.210.23

Note: All widths shown are downhole; true widths are approximately 90% of downhole widths.

Figure 1: Plan view of the Main Tyro vein showing geology and drilling conducted in 2021, 2023, 2024, 2025, and 2026. Note the location of Hole Nos. GC26-134 and GC26-137.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/300643_6c28e64ce470696e_002full.jpg

Figure 2. Longitudinal perspective of the Tyro NE zone contoured GT (g/t Au X estimated true thickness). Both Holes GC26-134 and GC26-137 are contained within the GT >100 interval. 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/300643_6c28e64ce470696e_003full.jpg

Summary
Both Holes GC26-134 and GC26-137 targeted areas proximal to defined high-grade gold mineralization from previous drilling (Figures 3 and 4). Aside from Hole GC24-034 (Figures 2 and 4), all holes in this area have been RC. To ensure that best practices are being followed and that the RC drilling is producing consistent results, it was deemed important to cross-reference higher-grade portions with core where detailed documentation of recovery, RQD, vein styles, textures, and density occurred. In summary, these two holes support the emerging geologic and grade models generated to date and improve the definition of the high-grade gold mineralization in the NE Tyro zone at the Company’s Gold Chain project in Arizona. The two holes comprising this release represent 298.4m of the now completed 21,079m drill program.

Both holes share several similarities in sectional view (Figures 3 and 4). The NE Tyro vein is a robust, fairly uniform structure that dips to the SE at 70o to 75o, and ranges in width from 15 to 25 metres. The width of the mineralized package varies relative to the development of quartz veinlets and stockwork in the hanging wall (“HW”) and ‘outboard’ from the principal quartz vein/breccia at the footwall (“FW”). Precambrian granite, along with lenses or ‘xenoliths’ of gneiss, schist, and amphibolite, is the host rock. Perhaps most importantly, several intercepts are hosted by or adjacent to fine-grained (aphanitic) felsic dike (Miocene), likely rhyolite, forming quartz-calcite-cemented breccia and stockwork. This spatial coincidence may reflect a preference for the gold-bearing fluids to follow the dikes (more brittle) and/or the contact with the hosting Precambrian (likely broken and faulted). The modeling of these features in the upcoming weeks will provide greater insight into deeper targets.

As shown in Figures 2 through 5, both Holes GC26-134 and GC26-137 traverse the vein at about the same elevation (760 – 790m ASL) or about 100m below the surface. Quartz >> calcite veinlets in propylitized (chlorite + quartz + pyrite) Precambrian rocks define the distal zone of veining and increase with depth from a few percent to 25% with occasional gold values. The main mineralized zone commences with moderate to strong quartz-calcite veinlets, stockwork and breccia giving way to a multi-stage breccia zone up to the FW contact (Figures 5 and 6). Evidence of faulting (Miocene) and shearing in the Precambrian rocks suggest a pre-Tertiary origin for the controlling structures.

Figure 3. Geologic section drawn along GC26-134 showing vein and spatial relation to GC21-013, GC25-087, GC25-059, GC25-086, GC26-161 and GC26-168 and the surface.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/300643_6c28e64ce470696e_004full.jpg

Veins and breccia composing the NE Tyro vein are multi-stage and comprised of quartz-chalcedony-calcite (bladed)-adularia with only trace amounts of pyrite (Figures 5 and 6). Surface-related oxidation is minimal and only seen along post-mineral fractures. However, local intervals or breccia fragments of weakly iron-stained bladed calcite and quartz along with fine, quartz-hematite veinlets suggest an event of hydrothermal oxidation. Bladed calcite or “lattice texture” has developed in several stages and ranges from delicate bands within crustiform/coliform-banded chalcedony to coarse, angular fragments in late-stage breccia. Native gold (Figure 7) has been observed within minute dendritic growths of a black opaque, perhaps electrum or a sulfosalt. The documentation of these features may prove to be important as the Company evaluates events related to gold deposition at greater depths.

Breccia textures are prevalent in these holes and were developed during multiple events. Aside from fault breccia observed at the vein’s FW contact, the vein package consists of broad intervals of weak (further into the HW) to strong stockwork/breccia composed of fine- (chalcedony) to medium- (sucrosic) to coarsely-crystalline (comb) quartz veins and veinlets with subordinate amounts of calcite dominantly in a bladed habit and native gold (see Figure 7); adularia (?) likely occurs in select bands or vein fragments revealing a tan to light pink coloration. Some breccia masses are ‘jigsaw’ in character, suggesting little or no fragment transport. Other breccias are fine-grained, heterolithic, and reveal fluidal or ‘streaming’ textures suggesting considerable transport (and energy). The dominance of breccias at the FW portion of the vein complex suggests both recurrent movement and explosive events likely related to deeper fluid boiling and potential gold deposition.

Figure 4. Geologic section drawn along GC26-137 showing vein and spatial relation to GC21-014, GC25-047, GC25-081 and GC26-163 and the surface.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/300643_6c28e64ce470696e_005full.jpg

Table 2: Drill hole locations and descriptions

Hole No.Azimuth (degrees)Inclination (degrees)EastingNorthingLength (m)
GC26-134300-55732,3863,901,513160.0
GC26-137300-55732,3053,901,482138.4

Figure 5. Photo GC26-134 showing a portion of the vein and corresponding gold values. Core reveals that the NE Tyro vein is a broad zone of multi-stage veins and breccia hosting a broad array of textures.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/300643_6c28e64ce470696e_006full.jpg

Figure 6. Photo GC26-137 showing a portion of the vein and corresponding gold values.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/300643_6c28e64ce470696e_007full.jpg

Figure 7. Photomicrograph (F.O.V. = ~6mm) of native gold within a dendritic growth of electrum and/or sulfosalt; GC26-137, 67.25m. Note bladed texture of quartz pseudomorphs after calcite.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/300643_6c28e64ce470696e_008full.jpg

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/300643

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Base Metals Energy Junior Mining Precious Metals Project Generators

Riverside Resources and Questcorp Announce Commencement of Phase 2 Drilling at Union Project, Sonora, Mexico

Vancouver, British Columbia–(Newsfile Corp. – June 9, 2026) – Riverside Resources Inc.  (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) (“Riverside” or the “Company”), is pleased to announce that the Second Phase drill program has commenced at the Union Project in northwest Sonora, Mexico. This work is being carried out by the Company operating in partnership with Questcorp Mining Inc. (CSE: QQQ), which is earning into the project through an option agreement from Riverside (press release, May 6, 2025).

Program Highlights

  • Fully Funded Program Underway: A ~1,500-metre diamond drill program across 8 to 10 holes, each averaging 180 metres in depth, is fully funded and requires no near-term dilutive financing.
  • Expanding Phase 1 Discoveries: Drilling is designed to expand zones of mineralization, including those intercepted during the Phase 1 program with results announced in January 2026, and to test new areas developed during the winter 2026 field program.
  • District-Scale Target Testing: The program tests new targets and explores areas surrounding multiple historical mine workings across the 25 km² La Union project area.
  • Two Mineralization Styles: Holes will test both the sediment-hosted gold mineralization identified in Phase 1 and carbonate-hosted replacement deposit (CRD) gold-silver-zinc mineralization, where gold is associated with mantos, chimneys, and structural zones.
  • Structurally Targeted Drilling: Angled holes are oriented to intersect stratigraphic and structural targets at high angles, as is typical in CRD systems. Structural features interpreted as potential mineralizing conduits are a key focus of the program for high grade gold and zinc.
  • Advanced Target De-Risking: Final drill positioning integrates property-wide structural mapping, 248 line-km of drone aeromagnetic coverage, and a recently completed property-wide induced polarization (IP) survey.
  • Geological Analog: La Union’s CRD and sediment-hosted gold systems share geological characteristics with significant deposits in northern Mexico and the southwestern United States.
  • Continuous News Flow: Exploration is coordinated with partner Questcorp Mining Inc. (CSE: QQQ), supporting milestone-driven news flow through summer 2026.

The exploration work over the past four months by Riverside has improved the understanding of the structural geology and stratigraphy of the project. The Union district lies along the flanks of this range with host stratigraphy that has now been studied for target layers that can host large bulk tonnage gold potential as found in Paleozoic sedimentary host units in Nevada and similarly in Sonora, Mexico. The improved mapping and detailed sampling underground delivered a better understanding of the chimney and manto aspects which include the structural feeder zones and post mineral faults. The exploration target focus is for a large potential gold discovery that expands from previous smaller scale mine operations on the property. Phase 2 drilling is intended to test the new concepts and expand beyond these past mining sites.

“We are exceptionally well-positioned to move ahead with this second phase of drilling, deploying 1 to 2 high-impact holes per target area to evaluate the deep root potentials of these sediment-hosted and CRD targets well beyond legacy past-mining boundaries,” said John-Mark Staude, CEO of Riverside Resources. “Advanced structural synthesis led by Riverside’s Alejandro Gracida has successfully pinned down the primary northwest-trending fault structures, which are interpreted to act as the primary structural plumbing and corridors for wide zones of high-grade feeder gold mineralization. The comprehensive IP Survey completed last week feeds directly into our real-time targeting models, and the program is advancing with rapid operational efficiency.”

“Today marks a transformative milestone for Questcorp as we transition from a successful target generation phase into aggressive discovery drilling,” said Saf Dhillon, President & CEO of Questcorp Mining. “Over the past several months, our integrated technical teams alongside our partners at Riverside have unlocked the true scale of the La Union district. Every layer of new data, from structural mapping to our newly completed IP geophysics, points toward a vast, interconnected mineralized system that remains largely untouched at depth.”

The drill program covers more than five target areas. It begins with follow-up at the Union Mine, where prior drilling resolved key stratigraphic and orientation questions, allowing this round to step out into ground adjacent to past mining. Underground work identified large-scale alteration and indications of a mineralized system, making this one of several priority areas. The high-grade gold-silver chip channel samples taken underground at the Union Mine will now be followed up with drilling.

The second phase of drilling will follow up on Phase 1 results and on the broader targets developed through the spring 2026 field exploration program. Phase 2 will consist of one to three holes per area, primarily for orientation and to expand on the Phase 1 drilling. Follow-up drilling beyond Phase 2 is planned and can be expanded based on results and on the geophysics completed over the past several months. The detailed stratigraphy, lithology, and structural framework developed by the Riverside geological team specifically targets high-grade, favorable horizons for sediment-hosted gold mineralization and CRD. The five target areas outside of the Union Mine are as follows:

  • Union Main Mine – Jales Area – The program will use targeted drill holes to test limestone and other carbonate stratigraphic hosts within the Clemente Formation, with the potential to reach the underlying Caborca Formation. These units are considered the primary hosts for replacement-style mineralization and have gold, silver and zinc in oxide mineralization in the mine and could be potentially extensive.
  • North Union Mine – Negra Area – The initial focus of the program will be on testing structural interpretations of NW fault feeder zones. The new Negra zone has provided gold mineralization in samples and now can be a new drill area which has never been tested.
  • Luis Hill- Alej Hill Area – The upper part of the Clemente Formation revealed sediment hosted gold in Phase 1 drilling allowing the follow up work to potentially expand upon that. The geology team has carefully mapped the stratigraphy and structure geology northward for over 2 kilometers and this target could have vast potential. Careful structural mapping has found some critical cross feeder structures which the team will now target during this phase.
  • Cobre Mine Area – The Clemente Formation is the primary host unit, and structural features combined with areas of past mining provide multiple target zones that can now be followed up after Phase 1 drilling. The careful 1:1000 mapping by Gracida across the NW features, along with detailed alteration mapping, gives Questcorp the best chances for success from their investment through Riverside in this work.
  • Jabali Area – The primary targets are NW-striking structural veins, with 200 m of strike length identified to date and a surface width of 30 m across a series of low-sulfidation epithermal quartz veins. High-grade assays of over 5 g/t Au have been returned from this area. Drilling at Jabali during this phase will focus on two holes: one testing the vein target and one testing the source target. Detailed maps and cross-sections for each target have been prepared ahead of drilling to best define the conceptual targets.

General Overview of La Union Project

The Project is summarized in a recently published NI 43-101 Technical Report and, more briefly, on the Riverside website. Riverside initially acquired the Project and subsequently consolidated additional inlier mineral claims to build a strong land position. The company then advanced the Project through surface access agreements and drill permitting, making it a turnkey exploration opportunity for the Optionee.

The Project was originally identified through Riverside’s exploration work in the western Sonora Gold Belt, conducted in collaboration with AngloGold Ashanti Limited, Centerra Gold Inc., and Hochschild Mining Plc. Earlier PhD research by Riverside founder John-Mark Staude also contributed to recognizing the district’s potential. Initial work by members of the Riverside team, drawing on more than two decades of geological compilation and analysis, further confirmed the region as highly prospective.

At the Project, historical mining by Peñoles targeted chimney and manto-style replacement bodies within the upper oxide zones. As a result, the underlying sulfide zones represent immediate drill targets for further exploration.

The Project features favorable limestone host rocks, an extensive alteration footprint, and multiple small-scale historical workings, with mineralization styles similar to those at the Hermosa Project in southern Arizona. At Hermosa, South32 is advancing mine development after acquiring the project from Arizona Mining for over $400 million, and Hermosa is now considered one of Arizona’s most promising upcoming mining operations.

At La Union, immediate drill targets offer the potential for significant-scale discoveries. The Project is well positioned for near-term exploration results, with targets that include both oxide and deeper sulfide mineralization.

Figure 1. Geologic map with the tenure of the Union with the updated field mapping work done for the entire project. The drill program will focus on the targets shown.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6101/300648_905cef9e6451d90e_002full.jpg

Figure 2. Drill sites and geology planned for Phase 2 with the detailed recently updated stratigraphy to focus on CRD style and sediment hosted gold type discoveries.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6101/300648_905cef9e6451d90e_003full.jpg

Figure 3. Cross Section of the Union Mine target area where the first 2 drill holes are planned with the first one more northward already underway and intersecting limestones and mineralization indicators as expected near this past mine operation.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6101/300648_905cef9e6451d90e_004full.jpg

Qualified Person & QA/QC

The scientific and technical data contained in this news release pertaining to the Project was reviewed and approved by Freeman Smith, P.Geo, a non-independent qualified person to Riverside Resources Inc., who is responsible for ensuring that the information provided in this news release is accurate and who acts as a “qualified person” under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Rock samples from previous exploration programs discussed above at the Project were taken to the SGS Laboratory in Hermosillo, Mexico for fire assaying for gold and ICP-ES for the multi-element package. The rejects remained with Riverside offices in Hermosillo. The ICP/ES analysis using 4-acid digestion methods has been used consistently for the program. A QA/QC program is continued as part of the sampling procedures for the exploration program. Standards were randomly inserted into the sample stream prior to being sent to the laboratory. Blanks and duplicates are run systematically with the QA-QC procedure in the sample stream.

About Riverside Resources Inc.

Riverside is a well-funded exploration company driven by value generation and discovery. The Company has a solid balance sheet with no debt and 93M shares outstanding with a strong portfolio of gold-silver and copper assets and royalties in North America. Riverside has extensive experience and knowledge operating in Mexico and Canada and leverages its large database to generate a portfolio of prospective mineral properties. Riverside has properties available for option, with information available on the Company’s website at www.rivres.com.

ON BEHALF OF RIVERSIDE RESOURCES INC.

“John-Mark Staude”

Dr. John-Mark Staude, President & CEO

For additional information contact:

John-Mark Staude
President, CEO
Riverside Resources Inc.
info@rivres.com
Phone: (778) 327-6671
Fax: (778) 327-6675
Web: www.rivres.com
Eric Negraeff
Corporate Communications
Riverside Resources Inc.
Eric@rivres.com
Phone: (778) 327-6671
TF: (877) RIV-RES1
Web: www.rivres.com

Certain statements in this press release may be considered forward-looking information. These statements can be identified by the use of forward-looking terminology (e.g., “expect”,” estimates”, “intends”, “anticipates”, “believes”, “plans”). Such information involves known and unknown risks — including the risk that the Transaction will not be completed as contemplates, or at all, availability of funds, the results of financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Riverside in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

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/300648

Categories
Base Metals Junior Mining Precious Metals

General Hypersonics Flies Reusable Launch System with Two Mach 4+ Launches in 90 Minutes

Rocket-free reusable Mach 4+ launches and 90-minute relaunchs open path to affordable, repeatable and scalable hypersonic and suborbital missions

What changes the conversation is this: we took a reusable launch system beyond Mach 4 twice before lunch. We’re building a system designed to launch again and again.”

— Mark Russell, CEO General Hypersonics

SPOKANE, WA, UNITED STATES, June 5, 2026 /EINPresswire.com/ — HyperSciences, Inc., doing business as General Hypersonics, successfully conducted two launches exceeding Mach 4 from the same reusable launch system, with the second launch occurring approximately 90 minutes after the first. The achievement sets another ram-accelerated mass-to-velocity milestone and advances the company’s goal of making high-cadence hypersonic and suborbital launch operations affordable and repeatable. The flights were conducted under the company’s U.S. Department of Defense Phase II Small Business Innovation Research (SBIR) contract, awarded in 2025.

Mach 4 (about 3,100 mph) is more than four times the speed of sound, while hypersonic flight is generally defined as Mach 5 and above. At Mach 4, a vehicle could theoretically travel across the continental United States in less than an hour, illustrating the significance of sustained high-speed flight.

General Hypersonics Ram Accelerator at HyperLab

The demonstration highlights a fundamentally different approach to flight testing: the ability to rapidly reset, reload and relaunch the same reusable system multiple times per day. As government and commercial organizations seek more affordable access to high-speed testing and more responsive paths to space, higher launch cadence has the potential to accelerate technology development, expand testing capacity and reduce costs.

While many high-speed and hypersonic test programs rely on complex launch infrastructure, including carrier aircrafts and rocket boosters, and specialized ranges and extensive mission planning, General Hypersonics completed both launches from the same reusable platform in approximately 90 minutes. Both launches were conducted using manual loading procedures, with automated loading systems currently under development to further improve turnaround times and increase launch cadence.

“What changes the conversation is this: we took a reusable launch system beyond Mach 4 twice before lunch,” said Mark Russell, founder and chief executive officer of General Hypersonics. “Most launch systems are designed around a single mission. We’re building a system designed to launch again and again. That’s what ultimately enables more affordable testing, faster technology development and a practical path toward responsive access to space.”

Funded through private investment and government contracts and grants, the company’s ram accelerator technology accelerates payloads through a reusable launch tube powered by clean combustible gases — eliminating the need for a first-stage rocket booster and toxic propellants. Designed to reload quickly, launch frequently and operate from fixed or mobile sites on land or at sea, the platform is being developed and tested at HyperLab, General Hypersonics’ reusable open-air launch facility.

Today’s record builds on a series of firsts: the company’s ongoing DoD contract with earlier Mach 3 flight milestones, onboard electronics carried successfully through the tube, and clean payload separation. It also follows the company’s selection earlier this year as a prime awardee on the Missile Defense Agency’s SHIELD IDIQ contract vehicle, and a NASA Phase I vertical launch that proved the system’s scalability toward space. The company is actively engaging government, commercial and research customers seeking affordable access to repeatable high-speed flight-testing environments.

With Mach 4 repeatability now demonstrated, General Hypersonics is turning its focus to increasing automation, expanding flight operations and moving beyond high-speed testing into routine suborbital flight operations.

“Our goal isn’t simply to go faster,” Russell said. “It’s to make high-speed flight and access to space more routine. The next step is demonstrating that we can move from repeatable Mach 4 launches to repeatable suborbital operations. What’s ahead is our 10-in-10 campaign — 10 launches to suborbital space in 10 days. If we can achieve that, it changes what’s possible for hypersonic testing, scientific missions, and responsive access to space.”

For investor and partnership inquiries, contact investors@generalhypersonics.com.

Mark Russell
HyperSciences dba General Hypersonics
+1 509-994-8577
email us here
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Categories
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