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Global mineral exploration and mining development

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2026-09-26 15:51 UTC → 2026-09-29 19:31 UTC · added ~~removed~~

Global mining operations continue to advance through significant exploration and infrastructure development. In Canada, White Gold Corp. has released a Preliminary Economic Assessment (PEA) for its namesake project in the Yukon Territory, projecting a C$1.9 billion post-tax net present value. The PEA describes a 9.4-year open-pit operation capable of producing an average of 188,000 ounces of gold per year, reporting an after-tax 41% Internal Rate of Return (IRR) and a 1.5-year payback period based on a gold price of USD$3,600/oz. Other Canadian activity includes Gold X2 Mining Inc. reporting high-grade gold intersections in Ontario, specifically at its Moss Gold Project where resource expansion at the QES Zone intersected mineralized core shear zones. Amex Gold Mining has also reported a discovery at its Perron project, identifying the Rosé Zone. Manhattan Gold Corporation identified a high-grade gold intercept at its Hook Lake project in Nunavut, while Norsemont Mining Inc. has reported progress at its Choquelimpie project. Goldcliff Resource Corporation identified the ‘East Breccia Zone’ at its Kettle Valley project in British Columbia. Recent developments in Canada include Blue Lagoon Resources Inc. initiating a 10,000-metre Phase One exploration drilling program at its Dome Mountain Gold Mine near Smithers, British Columbia, to test high-priority targets and expand existing mineral resources. Additionally, Laurion Mineral Exploration Inc. reported assay results from its Ishkōday Gold and Polymetallic Project in northwestern Ontario, where drilling identified gold, silver, copper, and zinc mineralization intended to support a potential maiden Mineral Resource Estimate. In the United States, West Point Gold is initiating a new 30,000-meter drilling program at its Gold Chain project in Arizona. ~~This program will utilize RC and core drilling to target the expansion of the Tyro Main and NE Tyro zones, as well as Black Dyke, Sheep Trail, Bull 8, and the Frisco Graben.~~ In Mexico, Algo Grande Copper Corp. reported high-grade copper results from its Adelita project, and Axo Metals announced high-grade gold oxide intercepts at its San Antonio flagship project.

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