Toronto, Ontario--(Newsfile Corp. - February 26, 2026) - EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF) (FSE: 8EK0). With the grand prize now valued at ~$1.5 million, The Great Canadian Treasure Hunt is excited to announce the next regional bonus prize. Organized by The Northern Miner, the treasure hunt continues to attract dedicated hunters and weekend warriors alike. Six one-ounce gold coins valued at over $42,000 will be claimed by a hunter, or hunters, in Toronto, Ontario – the global hub of mining finance ...

John McCluskey, President and CEO of Alamos Gold, joins Bloomberg Businessweek Daily to discuss the company's most recent earnings results, expected gold output through 2026, and the company's plans to lower mining costs as it opens a new mine in Manitoba, Canada. Alamos is aiming to produce one million ounces of gold annually by 2030 as it works on expansion plans. McCluskey speaks with Carol Massar and Tim Stenovec. ...

Financial Data and Key Metrics Changes - OR Royalties achieved record annual revenues of $277.4 million, record operating cash flow of $246 million, and record earnings of $1.10 per share for the year 2025, driven by elevated precious metals prices [3][4] - The company ended 2025 with $142.1 million in cash and was completely debt-free, having paid off its credit facility in Q3 [4][33] - The company declared a quarterly dividend of $0.055, marking its 45th consecutive dividend, with over $279 million returned to shareholders to date [4][5] Business Line Data and Key Metrics Changes - OR Royalties earned 80,775 gold equivalent ounces (GEOs) in 2025, with 95% of GEOs coming from precious metals, including 65% from gold and 31% from silver [3][9] - The company had 22 producing assets at the end of 2025, with a significant portion of contributions from Tier One mining jurisdictions [9][12] Market Data and Key Metrics Changes - The company expects GEOs earned in 2026 to range between 80,000 and 90,000, with an average cash margin of approximately 97% [24][25] - The 2026 guidance reflects a consensus commodity price ratio of 73-to-1 for gold to silver, with current spot ratios around 64-to-1 [26] Company Strategy and Development Direction - The company emphasized a disciplined approach to capital allocation, prioritizing value over volume in acquisitions, with only $25 million spent on royalty and stream acquisitions in 2025 [6][7] - OR Royalties is targeting assets that contribute to a projected 50% growth trajectory through to 2030, focusing on accretive value creation [34][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate the current operating environment, highlighting the strategic advantage of being debt-free and having a strong cash position [4][33] - The company anticipates significant growth in GEOs from various assets, including Canadian Malartic, Island Gold, Dalgaranga, San Gabriel, and Namdini, particularly in 2027 [25][26] Other Important Information - The company recently acquired a 1.5% NSR royalty at Buenaventura's San Gabriel Mine, which is expected to ramp up production and contribute meaningfully to GEOs from 2028 onwards [12][14] - The acquisition of the Gold Fields royalty portfolio is expected to strengthen the company's long-term pipeline and provide immediate cash flow [34] Q&A Session Summary Question: Guidance for year-over-year performance - Management explained that the methodology for 2026 guidance is consistent with previous years, using a consensus pricing ratio of 73-to-1 for gold to silver, with potential upside if silver prices stabilize [40][41] Question: Mine ramp-ups and production profile - Management indicated no significant new ramp-ups beyond disclosed assets, with Mantos Blancos being the largest contributor to silver deliveries [42][43] Question: Opportunities for further acquisitions - Management confirmed ongoing exploration of acquisition opportunities, including familiar assets and new portfolios, while maintaining a focus on geography [44][45] Question: Expected GEOs from specific assets in 2030 - Management stated that the 2030 guidance includes minimum payments from Cascabel, with potential additional GEOs from various assets [54] Question: Mantos performance expectations - Management confirmed that expectations for Mantos are effectively flat compared to 2025 and 2026 [58]

Q4 & FULL YEAR 2025 RESULTS February 19, 2026 ORroyalties.com TSX-NYSE | OR Amounts presented are in United States Dollars, except where otherwise noted CAUTIONARY STATEMENTS FORWARD-LOOKING STATEMENTS Certain statements contained in this presentation may be deemed "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking statements a ...

Alamos Gold Inc. Q4 2025 Earnings Call Summary - Moby Strategic Performance and Operational Drivers Missed 2025 production and cost guidance due to severe December weather and seismic-related rehabilitation work at Canadian operations. Achieved record annual revenue of $1.8 billion and $352 million in free cash flow despite operational setbacks, driven by high realized gold prices. Strategic acquisition of Argonaut Gold assets is being optimized by eliminating legacy hedges to increase exposure to r ...

Core Viewpoint - Alamos Gold Inc. reported a significant increase in its Mineral Reserves and Resources as of December 31, 2025, with a total of 16 million ounces, marking the seventh consecutive year of growth and a 24% increase in grades over that period. The majority of this growth occurred within the Island Gold District, which is set to expand further due to successful exploration efforts and a record exploration budget of nearly $100 million planned for 2026 [1][2][8]. Mineral Reserves - Global Proven and Probable Mineral Reserves increased by 32% to 15.9 million ounces of gold, with grades rising by 5% to 1.87 grams per tonne [2][7]. - Island Gold's Mineral Reserves more than doubled, increasing by 125% to 5.1 million ounces, reflecting successful conversion of Mineral Resources [2][9]. - Magino's Mineral Reserves increased by 56% to 3.1 million ounces, primarily due to the conversion of Mineral Resources [2][10]. - Young-Davidson's Mineral Reserves remained largely unchanged at 3.0 million ounces, while Mulatos saw a decrease to 1.2 million ounces due to depletion [11][39]. Mineral Resources - Global Measured and Indicated Mineral Resources increased by 6% to 5.5 million ounces, with grades slightly higher at 1.44 g/t Au [15]. - Global Inferred Mineral Resources decreased by 63% to 2.0 million ounces, reflecting successful conversion to Mineral Reserves [15][21]. Island Gold District - The Island Gold District saw a 2% increase in total Mineral Reserves and Resources to 6.8 million ounces, marking the 10th consecutive year of growth [17]. - The exploration program focused on delineation drilling, resulting in a 125% increase in Mineral Reserves to 5.1 million ounces [18]. - The average grade at Island Gold decreased by 7% to 10.61 g/t Au, with significant potential for further growth due to open areas laterally and at depth [19]. Exploration Budget and Plans - A record exploration budget of $97 million is planned for 2026, up 37% from 2025, with a focus on the Island Gold District, Young-Davidson, and Lynn Lake [2][28]. - The exploration program includes 50,000 meters of underground drilling at Island Gold and 48,000 meters of surface drilling targeting areas between Island Gold and Magino [30][31]. Young-Davidson and Mulatos District - Young-Davidson's Mineral Reserves decreased slightly to 3.0 million ounces, but Measured and Indicated Mineral Resources increased by 26% to 1.5 million ounces [34][38]. - The Mulatos District saw a 14% decrease in Mineral Reserves to 1.2 million ounces, while Measured and Indicated Mineral Resources increased by 26% to 0.8 million ounces [39][42]. Lynn Lake District - Total Mineral Reserves for the Lynn Lake District increased by 3% to 3.4 million ounces, driven by additions within the Linkwood deposit [45]. - A budget of $6 million is allocated for exploration at Lynn Lake in 2026, up from $3 million in 2025 [46].

Group 1: Metals Sector - Jefferies analysts raised price targets for gold and copper miners, indicating a bullish outlook on precious and base metals [2][9] - Newmont's target increased to $158 from $136 and Barrick Gold's target raised to $66 from $60 [2] - Mid-tier players like Alamos Gold and Endeavour Mining also saw target increases to $61 and C$112 respectively [2] Group 2: Travel Sector - Jefferies cut its price target for Expedia from $285 to $240, reflecting concerns over potential headwinds in the digital booking space [3][9] - The firm remains optimistic about the aviation recovery in North America, raising Air Canada's target to C$22 from C$18 [3] Group 3: Economic Data and Currency - Japan's Q4 2025 GDP growth was below analyst forecasts, leading to a dovish outlook for the Bank of Japan and pushing the EUR/JPY exchange rate above 181.50 [4][9] - Industrial Production remained flat at -0.1% month-over-month in December, but Capacity Utilization rebounded by 1.3% [5] Group 4: Corporate Developments - ByteDance is enhancing safeguards against unauthorized use of IP and likenesses in response to concerns over its Seedance 2.0 project [6][9] - Jefferies raised its target for Moderna to $37 from $30, indicating a stabilizing outlook for the biotech company [7] - TD Cowen analysts upgraded Magna International's price forecast from $58 to $75, signaling confidence in the automotive supplier's growth trajectory for 2026 [7]

Alamos Gold Inc. (NYSE:AGI) is one of the 10 undervalued growth stocks for the next 5 years. Scotiabank analyst Ovais Habib raised Alamos Gold’s (NYSE:AGI) price target from $55 to $60 on February 6. This development comes after the company reported results from its Island Gold District (IGD) Expansion Study on February 3, highlighting a major growth initiative expected to significantly improve the company’s long-term growth outlook. The study shows a 30% increase in mineral reserves and an expansion of th ...

Core Viewpoint - Allied Gold Corporation (AAUC) has experienced a significant share price increase of 88.4% over the past three months, outperforming both the industry and the S&P 500 [1] Price Performance - AAUC's stock closed at $31.57, nearing its 52-week high of $32.08 and significantly above its 52-week low of $8.67 [4] - The stock is trading above its 50-day and 100-day moving averages, indicating strong upward momentum and confidence in the company's long-term prospects [4] Factors Driving Allied Gold - The company produced 262,077 ounces of gold in the first nine months of 2025, an increase from 258,459 ounces in the same period the previous year [9] - AAUC is expected to increase output to over 375,000 ounces in 2025, driven by production growth at the Bonikro mine and advancements at the Sadiola operation [10] - The expansion at Sadiola includes a new fresh ore comminution circuit, enhancing the ability to process high-grade ores [10] - Allied Gold is enhancing its operations by drilling high-grade zones, refining mine models, and deploying new equipment to improve efficiency [11] - The company is also expanding exploration activities at its Kurmuk mine in Ethiopia, aiming to increase gold resources and extend mine life [12] Acquisition Agreement - In January 2026, AAUC entered into an agreement for an all-cash acquisition by Zijin Gold International Company Limited, valued at C$5.5 billion (approximately $4.1 billion), expected to close in April 2026 [13] Market Context - Economic uncertainty, geopolitical tensions, and central bank policy shifts have contributed to a surge in gold prices, with the Federal Reserve cutting interest rates, making gold more attractive to investors [14] Valuation - AAUC is trading at a trailing price-to-earnings ratio of 5.05X, significantly lower than the industry average of 14.31X, and compared to peers Aris Mining and Alamos Gold at 8.09X and 18.55X, respectively [19] Conclusion - The strong operational performance across Mali, Côte d'Ivoire, and Ethiopia positions Allied Gold for significant future transformation, making it an attractive option for potential investors [20]

Alamos Gold Inc. (NYSE:AGI) is included among the 11 Best Mining Stocks to Buy According to Wall Street. Bank of America Raises its Price Target on Alamos Gold Inc. (AGI) to $48 and Maintains a Buy Rating On February 9, 2026, Bank of America raised its price target on Alamos Gold Inc. (NYSE:AGI) to $48 from $47 and maintained a Buy rating. The firm said the adjustment followed refinements to its model after Alamos’ investor update, reflecting updated assumptions around production growth and cost trajecto ...