Gold's Breakout Year in 2025: How Strategic Miners Are Capitalizing on the Surge

Issued on behalf of Lake Victoria Gold Ltd.

With gold recently breaking above $3,200 per ounce, major banks are revising their forecasts even higher— UBS now sees gold hitting $3,500 while Deutsche Bank is targeting $3,700 . As economic uncertainty continues to escalate, gold's parabolic price action is drawing renewed attention from investors looking for safe havens and inflation protection. Many are turning to physical bullion and gold ETFs, but a growing number are also eyeing gold mining stocks which can offer amplified exposure to rising gold prices . Amid this momentum, several gold-focused companies are generating fresh interest, including Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), Integra Resource Corp. (NYSE-American: ITRG) (TSXV: ITR), GoldMining Inc. (NYSE-American: GLDG), Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF), and Vox Royalty Corp. (NASDAQ: VOXR) (TSX: VOXR).

Gold mining stocks have been steadily gaining ground alongside the precious metal's historic run. While large-cap miners have seen their stock prices pop off , several junior exploration companies are also making headlines with encouraging drill results that could signal major upside potential.

Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), an emerging East African gold developer, recently secured four new Mining Licenses at its Tembo Project in northern Tanzania , marking a major step forward in its development strategy.

"The approval of our Mining Licenses is a pivotal step forward for the Tembo Project," said Marc Cernovitch, President & CEO of Lake Victoria Gold . "We have always believed in the district-scale potential of this asset. With tenure now secured for the next 10 years, we can focus on evaluating the most efficient development options to unlock maximum shareholder value."

Situated in Tanzania's well-known Lake Victoria Goldfield, Lake Victoria Gold's (LVG) flagship project has already attracted more than US$28 million in exploration investment, including the completion of 50,000 meters of diamond and reverse circulation (RC) drilling. This depth of historical work provides a robust technical foundation and positions the project with a meaningful head start compared to earlier-stage peers.

The recent conversion of LVG's Prospecting License into four Mining Licenses represents a major step forward, significantly reducing regulatory uncertainty and paving the way for focused development planning. Each Mining License is valid for an initial 10-year term and includes an option for an additional 10-year renewal, offering long-term operational visibility.

With extensive exploration data already in hand, the company has identified three high-priority targets within the Tembo Project area. These zones are showing encouraging gold grades and carry the hallmarks of potential resource growth as the project enters its next phase of advancement.

At the Ngula 1 target, drilling has outlined a broad, mineralized corridor roughly 250 meters wide and extending at least 600 meters in length—open in both directions and at depth. This structural zone hosts multiple gold-bearing veins, with notable intercepts like 3.13 grams per tonne (g/t) of gold over 25.89 meters and an especially compelling interval of 22.18 g/t over 15 meters. The combination of grade and scale here supports the potential for a meaningful gold system with room to grow.

Just to the west, at the Nyakagwe Village target, drilling has confirmed additional high-grade gold zones hosted within multiple mineralized structures. Highlight results include 78.1 g/t of gold over one meter and 27.88 g/t over 3.96 meters—intercepts that reinforce the potential for high-margin material, whether for near-term production or longer-term development.

At Nyakagwe East, drilling has revealed a wide, 300-meter mineralized zone marked by strong quartz veining and sulphide content—geological indicators commonly associated with gold deposition. Standout results such as 19.1 g/t over three meters and 10.25 g/t over 3.5 meters continue to demonstrate the project's consistency when it comes to delivering high-grade intercepts.

With key Mining Licenses now in place, Lake Victoria Gold is actively assessing its development pathway. Shallow, high-grade zones may support early-stage open-pit mining, while nearby toll milling options could allow for gold production to begin without major upfront capital on processing infrastructure. As work advances, LVG is also evaluating the potential for a standalone plant if future volumes support the case for in-house processing.

On the exploration front, Lake Victoria Gold still has significant blue-sky potential ahead. A follow-up drill program is now being planned to build on historical high-grade intercepts and begin converting them into formal resource estimates. Meanwhile, a recent geological review pinpointed 38 new exploration targets across the property—suggesting that the known high-grade zones might only be the beginning of what Tembo could ultimately yield. Fieldwork is already underway to begin testing these targets for additional gold discoveries.

In parallel, LVG is keeping its options open when it comes to partnerships or strategic opportunities. The Tembo Project shares a border with Barrick's world-class Bulyanhulu Mine, and the two companies have a working relationship. In 2021, LVG sold six non-core licenses to Barrick in a deal worth $6 million upfront, plus up to $45 million in potential milestone payments tied to future discoveries. That transaction helped fund Tembo's advancement while still giving LVG a potential upside in any gold found next door.

"We believe Tembo represents a rare opportunity to define a new gold camp in one of Tanzania's most historically productive districts," said Simon Benstead , Executive Chairman of Lake Victoria Gold . "With multiple exploration and development levers available to us, and a supportive regulatory environment, we're committed to responsibly unlocking the full value of this high-potential asset."

Looking ahead, Lake Victoria Gold intends to advance development at Tembo while steadily moving its flagship Imwelo Project toward production. With Mining Licenses secured and a highly prospective land package in one of Africa's most established gold belts, Tembo is positioned to become a key pillar in LVG's broader growth strategy. The groundwork is in place for this project to play a meaningful role in the company's next chapter.

CONTINUED… Read this and more news for Lake Victoria Gold at:
https://equity-insider.com/2025/04/14/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/

In other industry developments and happenings in the market include:

Integra Resource Corp. (NYSE-American: ITRG) (TSXV: ITR) recently officially submitted its revised Mine Plan of Operations for the DeLamar Project in Idaho , marking the start of the federal permitting process. The move comes as the U.S. government pushes to accelerate domestic mineral production under a new executive order.

"The submission of the updated MPO is a crucial moment for Integra and the future of the DeLamar gold-silver project in Idaho," said George Salamis, President, CEO and Director of Integra. "This marks the official start of the federal mine permitting process and demonstrates our commitment to advancing DeLamar in a responsible, transparent, and timely manner. We believe the enhanced project design reflected in the MPO positions Integra as a leading candidate to benefit from the evolving, progressive, and supportive permitting landscape that is occurring at both federal and state levels."

GoldMining Inc. (NYSE-American: GLDG) recently launched its largest exploration program ever at its São Jorge Project in Brazil's Tapajós gold district. The plan includes up to 5,000 meters of diamond drilling, 3,000 meters of auger drilling, and a large-scale soil sampling and geophysical campaign. With easy highway access and strong infrastructure already in place, the company is targeting both deposit expansion and new gold discoveries across a 12 km by 7 km mineralized footprint.

"We are excited to be back in the field at São Jorge conducting the largest exploration program in the 14+ year history of our Company," said Alastair Still , CEO of GoldMining . "Systematic drilling to target expansion of the São Jorge deposit along strike and to test new zones highlighted by geochemical and geophysical targets, has us ideally positioned to better quantify the gold endowment of a highly prospective regional-scale property in the rapidly emerging Tapajós gold district."

Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) recently achieved over 93% total gold recovery from its Golden Summit Project in Alaska using a processing flow that includes the Albion Process™ and carbon-in-leach (CIL). The results were based on a composite created from eight drill holes across the Dolphin and Cleary resource areas.

Freegold is continuing to evaluate additional pre-treatment options like BIOX® and POX as it finalizes the optimal flow sheet. With a 2025 pre-feasibility study planned and updated resource estimates coming later this year, Freegold is moving forward with new drilling to upgrade resources and unlock further value from its flagship Alaskan asset.

Vox Royalty Corp. (NASDAQ: VOXR) (TSX: VOXR) recently announced a major development at its Bullabulling gold royalty asset in Western Australia , following a successful A$220 million financing by Minerals 260 to acquire and advance the project.

"It is very rare to see a A$30M market cap explorer raise A$220 million ," said Spencer Cole , Chief Investment Officer of Vox . "This progress from M260 highlights the current strong demand for quality Australian gold projects.

With an existing 2.3Moz gold resource and an 80,000-metre drill campaign set to begin, the project is targeting a final investment decision in 2026 and first gold production in 2028. Vox holds an uncapped A$10 /oz royalty over key zones within the Bullabulling project, offering long-term leverage to future production.

Article Source: https://equity-insider.com/2025/04/14/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/

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DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for Baystreet.ca media corp, who has been paid a fee for an advertising contract with the company (333,333 unrestricted shares received via DRS from the company direct) MIQ has not been paid a fee for Lake Victoria Gold Ltd. advertising or digital media, but the owner/operators of MIQ also co-owns Baystreet.ca Media Corp. ("BAY") There may also be 3rd parties who may have shares of Lake Victoria Gold Ltd. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY own shares of Lake Victoria Gold Ltd and reserve the right to buy and sell, and will buy and sell shares of Lake Victoria Gold Ltd. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by Lake Victoria Gold Ltd.; this is a paid advertisement, we currently own shares of Lake Victoria Gold Ltd. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

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Freegold Ventures FVL:CA TSX:FVL Precious Metals Investing

FVL:CA

FREEGOLD ANNOUNCES CLOSING OF $42 MILLION BROKERED PRIVATE PLACEMENT FINANCING

Freegold Ventures Limited (TSX: FVL) (" Freegold " or the " Company "), is pleased to announce that further to its news release of March 18, 2025 the Company has closed its upsized brokered private placement offering for aggregate gross proceeds of $41,975,805 which includes the exercise in full of the agent's option for additional gross proceeds of $5,475,105 . Paradigm Capital acted as sole agent (the " Agent ") on the Offering.

In connection with the Offering, the Company entered into an agency agreement (the " Agency Agreement ") dated April 3, 2025 , between the Company and the Agent. In accordance with the Agency Agreement, 49,383,300 units of the Company (the " Units ") were issued at a price of $0.85 per Unit. Each Unit is comprised of one common share of the Company (a " Unit Share ") and one-half of one common share purchase warrant of the Company (each whole warrant, a " Warrant "). Each Warrant is exercisable to acquire one common share of the Company (a " Warrant Share ") for 24 months from today's date at an exercise price of $1.30 per Warrant Share. The Warrants are callable by the Company should the daily volume-weighted average trading price of the common shares of the Company on the Toronto Stock Exchange exceed $1.30 for a period of twenty (20) consecutive trading days, at any time during the period (i) beginning on the date that is 6 months from the closing date of the Offering, and (ii) ending on the date the Warrants expire (the " Call Trigger "). Following a Call Trigger, the Company may give notice (the " Call Notice ") to the holders of the Warrants (by disseminating a news release announcing the acceleration) that any Warrant that remains unexercised by the holder thereof shall expire thirty days following the date on which the Call Notice is given.

The Company plans to use the net proceeds from the offering for general working capital and corporate purposes, with a primary focus on advancing the Golden Summit project. Drilling at Golden Summit is expected to resume next month, and an updated Mineral Resource Estimate is anticipated later in the second quarter, once the assays from the 2024 drill program have been finalized.

Mr. Eric Sprott , through an entity owned and controlled by him, purchased an aggregate of 14,814,900 Units in the Offering, representing 30% of the Units issued under the Offering.

Pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (" MI 61-101 "), the purchase of Units by Mr. Sprott was a "related party transaction". The Company was exempt from the requirements to obtain a formal valuation in connection with the Offering in reliance on section 5.5(c) of MI 61-101, as the issuance of Units to Mr. Sprott was a distribution of securities of the Company to a related party for cash consideration. The issuance of the Units to Mr. Sprott was exempt from the requirement to obtain minority shareholder approval in reliance on section 5.7(1)(a) of MI 61-101 as neither the fair market value of the Units received by Mr. Sprott nor the proceeds for such securities received by the Company exceeded 25% of the Company's market capitalization as calculated in accordance with MI 61-101.

A material change report will be filed less than 21 days from the date of the closing of the Offering. Closing the Offering in this shorter period was reasonable in the circumstances as the Company determined the shorter period was necessary because the terms of the transaction were favorable to the Company, given uncertain market conditions time was of the essence in closing the Offering, and closing the Offering expeditiously was in the best interest of the Company and its shareholders.

The Offering is subject to the final approval of the Toronto Stock Exchange. All securities issued pursuant to the Offering will have a hold period of four months and one day.

The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the " U.S. Securities Act "), or any U.S. state security laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act and all applicable state securities laws or compliance with requirements of an applicable exemption therefrom. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States , nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Freegold Ventures Limited

Freegold is a TSX-listed company focused on exploration in Alaska and holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases.

Forward-looking Information Cautionary Statement

This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release, include, without limitation, statements regarding the receipt of TSX final approval for the Offering and the use of proceeds from the Offering. In making the forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors 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: availability of financing; delay or failure to receive required permits or regulatory approvals; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. See Freegold's Annual Information Form for the year ended December 31, 2024 , filed under Freegold's profile at www.sedarplus.ca , for a detailed discussion of the risk factors associated with Freegold's operations.

SOURCE Freegold Ventures Limited

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FREEGOLD VENTURES LIMITED ANNOUNCES UPSIZE OF THE PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT TO $36.5 MILLION

/NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA , ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA ./

Freegold Ventures Limited (TSX: FVL) (the " Company " or " Freegold Ventures "), is pleased to announce that in connection with its previously-announced best efforts private placement offering (the " Offering "), the Company and Paradigm Capital Inc. (the " Agent "), have agreed to increase the size of the Offering. The Company will now issue up to 42,492,000 units of the Company (the " Units ") at a price of $ 0.85 per Unit (the " Issue Price ") for total gross proceeds of up to $ 36,500,700 . Each Unit will be comprised of one common share of the Company (a " Unit Share ") and one half of one common share purchase warrant of the Company (each whole warrant, a " Warrant ").

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FREEGOLD VENTURES LIMITED. ANNOUNCES $30 MILLION BEST EFFORTS PRIVATE PLACEMENT FINANCING

Freegold Ventures Limited (TSX: FVL) (the " Company " or " Freegold Ventures "), is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. (the " Agent "), in connection with a proposed best efforts private placement financing (the " Offering ") for total proceeds of up to approximately $ 30 million consisting of up to 32,295,000 units of the Company (the " Units ") at a price of $ 0.85 per Unit. Each Unit will be comprised of one common share of the Company (a " Unit Share ") and one half of one common share purchase warrant of the Company (each whole warrant, a " Warrant ").

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Freegold Achieves Over 93% Recovery Using Albion Process oxidation-CIL Additional Metallurgical Work Remains Ongoing

Total gold recovery of over 93% from a composite comprised of core from 8 drill holes representing the Dolphin/Cleary resource area.
The flowsheet consists of gravity – flotation - concentrate cleaning - Albion Process™ oxidation - CIL (carbon-in-leach).
A sulfide concentrate representing approximately 3% of the process plant feed has been treated using standard Albion™ Process testing procedures appropriate for the current stage of the Golden Summit Project development, resulting in a downstream CIL stage extraction of over 97%.
The exceptional CIL stage extraction of gold has been achieved with less than 75% sulfur oxidation.
Further optimization of this flowsheet and testing of other oxidation processes are ongoing.

Freegold Ventures Limited (TSX: FVL) (OCTQX: FGOVF) ("Freegold" or the "Company") is pleased to announce additional results based on the ongoing metallurgical test work on drill hole composites from the 2020 2022 drill programs. The objectives of the recently completed testwork were:

Advancement of understanding of gold deportment and recovery methods from previously released metallurgical test work results
Optimization of gold recovery and flowsheet make-up considering the minimization of both future capital and operating cost intensity with the benefit of significant additional and overall gold recovery

Eight drill core composites, representing different locations and grades within the Dolphin and Cleary areas, were created using continuous drill intervals chosen to reflect potential mill feed. (Refer to the map below for hole locations.) The selections of drill holes and intervals included the three primary gold-hosting lithologies. The results indicate that a gold recovery rate of 93% can be achieved using standard and commercially employed mineral processing operations. The composites were prepared from laboratory assay rejects of fresh rock intervals located well below the existing oxide cap at Golden Summit. Eight drill hole composites were utilized, comprising 1,192 meters of drill intercepts that represent 587 continuous mineralized intervals with a total material weight of over 5,100 kilograms.

Composite DDH Make Up	GS2201	GS2203	GS2206	GS2207
	GS2208	GS2209	GS2168	GS2167
Test Calc Grade		gold recovery %
Au g/t	Gravity	Flotation	Post Oxidation Stage CIL	Total

1.15	40 %	55 %	97 %	>93%

Summary of Gold Recovery

Since 2020, drilling activities at the Golden Summit project have significantly bolstered its potential, reinforcing the project's viability through positive metallurgical outcomes and a marked increase in overall resources. The current pit-constrained resource includes both oxide and primary resources, with the oxide component located within the upper 70 meters. Previous column tests on the oxide material indicate that heap leach gold recoveries can reach 85% within two weeks. Ongoing optimization efforts are focused on delineating the most effective flow sheet for the sulphide component before initiating a pre-feasibility study.

The strategic plan for 2025 outlines extensive drilling initiatives aimed at upgrading resources from the inferred category to the indicated category, which is crucial for completing the planned pre-feasibility study. The September 2024 Primary Resource, using a 0.5 g/t cut-off, is 346,304,000 tonnes at 1.08 g/t Au (12,050,000 contained ounces) in the indicated mineral resource category and 308,311,000 tonnes at 1.04 g/t Au (10,306,000 contained ounces) in the inferred mineral resource category.

In 2024, 41 holes, totaling 25,708m , were drilled. Assay results from twelve drill holes related to the 2024 program are pending. Results from the 2024 program will be incorporated into an updated mineral resource estimate expected to be released later in 2025.

Ongoing Metallurgical Work: The primary areas of focus in the next phase of metallurgical test work are in progress and include:

Comminution studies using half PQ core
Flotation concentrate oxidation pre-treatment utilizing BIOX® and POX prior to CIL

Link to Map Showing Location of Metallurgical Composite Holes and 2024 Drilling

https://freegoldventures.com/site/assets/files/6287/metdrillingplanmap_february2025.pdf

The Qualified Person for this release is Alvin Jackson , P.Geo., Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release.

About Freegold Ventures Limited
Freegold is a TSX-listed company focused on exploration in Alaska . It holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases.

Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold's Annual Information Form for the year ended December 31st, 2023 , filed under Freegold's profile at www.sedar.com , for a detailed discussion of the risk factors associated with Freegold's operations. On January 30, 2020 , the World Health Organization declared the COVID-19 outbreak a global health emergency. Reactions to the spread of COVID-19 continue to lead to, among other things, significant restrictions on travel, business closures, quarantines, and a general reduction in economic activity. While these effects have been reduced in recent months, the continuation and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions cannot be reasonably estimated. The risks to Freegold of such public health crises also include employee health and safety risks and a slowdown or temporary suspension of operations in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the supply and demand for various products and services, global supply chains, and financial markets, as well as declining trade and market sentiment and reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors, and community. While the extent to which COVID-19 may impact Freegold is uncertain, it is possible that COVID-19 may have a material adverse effect on Freegold's business, results of operations, and financial condition.

SOURCE Freegold Ventures Limited

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Riverside Resources and Questcorp Mining Execute Definitive Option Agreement for La Union Project, Sonora, Mexico

Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce that further to its press release dated September 6, 2024, Riverside's wholly-owned subsidiary, RRM Exploracion, S.A.P.I. DE C.V. (the "Vendor") has entered into a definitive option agreement (the "Option Agreement") with Questcorp Mining Inc. ("Questcorp") dated May 5, 2025, for the 2,520.2 hectare La Union carbonate replacement gold- polymetallic project (the "Project" or "La Union") located in Sonora, Mexico (the "Transaction").

"We are thrilled to finalize this agreement for the La Union Project, which is a strong asset in Riverside's portfolio. Securing up to C$5,500,000 in exploration funding from Questcorp is an excellent step forward in advancing this larger Carbonate Replacement Deposit ("CRD") project," said John-Mark Staude, CEO of Riverside Resources. "Riverside is pleased to have the updated NI 43-101 Technical Report completed and we see an active exploration program launching in the coming weeks with Riverside as the Operator of the exploration program. Riverside is expected to become a shareholder of Questcorp with an initial 9.9% equity interest, subject to final approval by the Canadian Securities Exchange or confirmation that such approval is not required. The first-year work program of C$1,000,000 in exploration expenditures will launch the first round of exploration at the project."

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AngloGold Ashanti and Gold Fields Agree to Pause Proposed Ghana JV Discussions

AngloGold Ashanti plc ("AngloGold Ashanti" or the "Company") and Gold Fields have agreed to pause discussions about a proposed joint venture to combine their Iduapriem and Tarkwa gold mines in Ghana.

The companies proposed the combination of the neighbouring mines in March 2023 and have spent much of the intervening time in a constructive dialogue with the Government of Ghana to obtain the necessary approvals.

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RUA GOLD to Present at the Metals & Mining Virtual Investor Conference May 6th 2025

Rua Gold Inc. (TSXV: RUA, OTC: NZAUF, WKN: A40QYC) (" Rua Gold " or the " Company ") announces that it will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on May 6 th . The Company invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation online at VirtualInvestorConferences.com.

This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the Company's CEO, Robert Eckford in real time.

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Gold Investing

CLEARY ZONE
Hole	Depth	Dip	Azimuth	From	To	Interval	Au	Au
Number	Depth	Dip	Azimuth	(m)	(m)	(m)	g/t	cut to 90 g/t
GS2438	427	-90	0	69.2	93.6	24.4	1.12
				233.8	266.4	32.6	1.14
				310	325.2	15.2	1.22
GS2441	536.8	-90	0	50.9	60	9.1	3.3
				221.6	251.9	30.3	2.74
				300.8	334.4	33.6	11.66	9.77
including				325.2	328.3	3.1	110.4
				355.1	380.1	25	1.73

WOW ZONE
Hole	Depth	Dip	Azimuth	From	To	Interval	Au
Number	Depth	Dip	Azimuth	(m)	(m)	(m)	g/t
GS2439	714.6	-90	0	441	468	27	1.28
				522	585	63	0.87
				654	684	30	0.72
GS2440	666.3	-90	0	219.8	271.3	51.5	0.79
				288.6	316.1	27.5	0.66
				342.6	397.5	54.9	2.07
				415.4	418.5	3.1	128.3
				438	459.3	21.3	4.16
including				441	444.1	3.1	21.5

Deadline	Cash Payment	Share Issuance	Exploration Expenditures
Within two (2) business days of the date of the Option Agreement	$25,000	N/A	N/A
On the Effective Date⁽¹⁾	N/A	9.9%⁽²⁾	N/A
On or before the first anniversary of the Effective Date	N/A	14.9%⁽²⁾⁽³⁾	$1,000,000
On or before the second anniversary of the Effective Date	$25,000	19.9%⁽²⁾⁽³⁾	$1,250,000
On or before the third anniversary of the Effective Date	$25,000	19.9%⁽²⁾⁽³⁾	$1,500,000
On or before the fourth anniversary of the Effective Date	$25,000	19.9%⁽²⁾⁽³⁾	$1,750,000
Total	$100,000	19.9%⁽²⁾⁽³⁾	$5,500,000
Notes: "Effective Date" means the date on which Questcorp delivers to the Vendor a copy of the written approval of the Canadian Securities Exchange in respect of the transactions contemplated by the Option Agreement. Issuable within the fifth business day after the applicable date. Expressed as a cumulative total percentage of the undiluted issued and outstanding common shares of Questcorp as of the applicable payment date, and assuming Riverside has not previously disposed of any common shares.

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