Gold Demand Just Broke a Record. Supply Can't Keep Up

Executive Summary

• Golden Goose Resources launched a systematic geological mapping and channel‑sampling program at its Gran Esperanza Project in Argentina, the first phase of a larger field campaign aimed at defining the epithermal vein system.
• The release also highlights recent high‑grade historic intercepts (e.g., 2.0 m @ 24.0 g/t Au) and a December 2025 rock‑chip sample of 14.34 g/t Au, underscoring the project's strong grade potential.
• Additional industry updates include drill results from Omai Gold Mines, Banyan Gold, i‑80 Gold’s financing and production milestones, and Allied Gold’s Q4 2025 operating results and 2026 guidance.

Key Details

• Gran Esperanza Program (Golden Goose Resources)
• Systematic property‑wide geological mapping, structural analysis, and channel sampling at ~50 m intervals along exposed quartz veins.
• Historical channel samples: 2.0 m @ 24.0 g/t Au; 5.0 m @ 13.1 g/t Au; 1.3 m @ 11.5 g/t Au.
• Rock‑chip sample grading up to 24.4 g/t Au; recent December 2025 chip: 14.34 g/t Au.

• Prior work: 30 trenches (2,937 m), 690 channel samples, 1,674 rock samples, >10 km of mapped veins.

• Omai Gold Mines (TSXV: OMG)

• Drill intercepts at Wenot deposit: 4.18 g/t Au over 14.6 m and 3.73 g/t Au over 17.3 m.

• Commenced a 50,000‑metre diamond‑drill program to upgrade the inferred resource; engaged Objectivity for data analytics.

• Banyan Gold (TSXV: BYN)

• High‑grade results from Powerline Deposit (AurMac Project): 1.82 g/t Au over 26.2 m, 4.64 g/t Au over 7.7 m; peak 19.90 g/t Au over 1.5 m.

• 2026 drill program underway with five rigs; potential to extend mineralized domains below the 2025 resource pit boundary.

• i‑80 Gold (TSX: IAU)

• Q4 2025 production: 31,930 oz Au, meeting guidance.
• Completed $500 million financing package for Phases 1 & 2 of development plan targeting 150–200 k oz annually by early 2030s.

• Advancing technical/permitting work; Lone Tree refurbishment study completed; ramp‑up at Granite Creek and start of Archimedes mine in 2026.

• Allied Gold (TSX: AAUC)

• Preliminary Q4 2025 production: 117,004 oz Au; FY 2025 total 379,081 oz, exceeding guidance.
• 2026 guidance set at 485–575 k oz Au, with Kurmuk Project (Ethiopia) contributions from mid‑year.
• Mineral reserves increased to 11.2 M oz, supporting growth outlook.

Notable Quotes

• “We are pleased to initiate this important phase of exploration at Gran Esperanza… generate critical geological and geochemical data…” – Dustin Nanos, CEO, Golden Goose Resources.
• “As Omai continues to report positive drill results… we have commenced a 50,000‑metre diamond drill program…” – Elaine Ellingham, President & CEO, Omai Gold Mines.
• “The continued discovery of high‑grade mineralization… emphasizes the high‑grade potential in the core of the Powerline Deposit.” – Tara Christie, President & CEO, Banyan Gold.

Materiality Assessment: Material – Positive (the announcement contains multiple significant exploration and production updates that are likely to influence investor perception.)