No Geopolitics, Just Gold: 5 North American Exploration Plays

Executive Summary

• Rush Gold Corp. has launched its first field‑based exploration programs at the Legal Tender and Skylight properties in Nevada, employing high‑resolution WorldView‑3 satellite imaging and on‑ground geochemical work.
• Several peer companies disclosed material drilling results or project milestones: Dakota Gold reported high‑grade gold intercepts at Richmond Hill; Banyan Gold announced new high‑grade Au intersections at its Powerline Deposit; Paramount Gold Nevada outlined upcoming federal approvals for the Grassy Mountain Project; U.S. Gold detailed a strategic land acquisition for its CK Gold Project.
• Rush Gold completed a $500,000 private placement and raised $450,000 in its IPO, providing funding for the newly‑started exploration activities.

Key Details

• Rush Gold Corp. (RGN) – Exploration Launch
• Mobilized field crews in late November to conduct reconnaissance at Legal Tender and Skylight properties, Nevada (Nye County, Republic Mining District).
• Initiated WorldView‑3 satellite tasking; enhanced alteration maps (1.24 m VNIR, 3.7 m SWIR) expected within 2–3 weeks of cloud‑free imagery.
• Legal Tender: historic grab samples of 1,875 g/t Ag and 3.04 g/t Au; no prior diamond drilling.

• Skylight: 330‑acre epithermal system previously evaluated by Newmont/Rimfire; limited historic drilling intersected gold in ~50% of holes.

• Funding

• Completed a $500,000 private placement to fund the exploration program.

• IPO on CSE (June 23 2025) raised $450,000 at $0.10 per share.

• Paramount Gold Nevada Corp. (PZG) – Permitting Milestone

• Anticipates final federal approvals for Grassy Mountain Gold Project in Oregon by Jan 2026.

• Engaged Ausenco Engineering Canada to update feasibility study; completion targeted H1 2026.

• Dakota Gold Corp. (DC) – Drill Results

• Hole RH25C‑236: 8.17 g/t Au over 11.3 m at surface, Richmond Hill Oxide Heap Leach Project.

• Hole RH25C‑296: 1.45 g/t Au over 18.3 m, step‑out 150 m north of current Measured & Indicated resource boundary.

• U.S. Gold Corp. (USAU) – Land Acquisition

• Subsidiary Gold King Corp. signed agreement to acquire a 10‑acre parcel in North Range Business Park, WY; closing no later than Jan 31 2026.

• Site will serve as central muster point for CK Gold Project personnel and support construction start‑up in 2026.

• Banyan Gold Corp. (BYN) – Drilling Update

• Hole AX‑25‑724: 4.60 g/t Au over 5.9 m within broader interval of 0.64 g/t Au over 55.4 m (including 14.90 g/t Au over 1.5 m).

• Completed 2025 program: 178 holes, 42,700 m total; indicated resources 2.274 Moz @ 0.63 g/t Au, inferred 5.453 Moz @ 0.60 g/t Au.

• Market Context

• Gold price sustained above $4,300/oz; Goldman Sachs forecasts $4,900/oz by Dec 2026, Deutsche Bank $4,450 average through 2026.
• Investor focus shifting toward North American jurisdictions for reduced geopolitical risk and stable permitting environments.

Notable Quotes

• “The Company is excited to commence its first exploration programs at the Legal Tender and Skylight properties… Receipt of the enhanced satellite alteration imagery study is anticipated before year end.” – Anthony Zelen, CEO, Rush Gold Corp.
• “These latest drill results at Richmond Hill continue to confirm the significant potential of this Project.” – Jack Henris, President & COO, Dakota Gold Corp.
• “With the CK Gold Project's final feasibility study nearing completion, these acquisitions further support our development timeline.” – George Bee, President & CEO, U.S. Gold Corp.