Soaring Prices and Relentless Buying Create Perfect Storm for Gold Miners

PR Newswire

VANCOUVER, BC, Oct. 29, 2025

Issued on behalf of GoldHaven Resources Corp.

News Commentary USA News Group

(NASDAQ: HYMC).GoldHaven Resources Corp.Torex Gold Resources Inc.GoldQuest Mining Corp.White Gold Corp.Hycroft Mining Holding CorporationVANCOUVER, BCOct. 29, 2025^[1]^[2]

. The convergence of monetary policy uncertainty, persistent geopolitical tensions, and the structural shift toward gold by sovereign buyers creates a rare window where early-positioned mining companies can capture decade-high margins before the broader market fully prices in the fundamental transformation underway in precious metals markets.Goldman Sachs^[3]^[4]

(CSE: GOH) (OTCQB: GHVNF), a Canadian junior exploration company, recently completed four diamond drill holes totaling approximately 420 meters at its Copeçal Gold Project in Brazil's Juruena Gold Province. The drilling tested a 200-meter section of the East Anomaly, one of two priority gold targets on the 3,681-hectare property.GoldHaven Resources Corp.

The company has now moved the drill rig to begin testing the West Anomaly for the first time. This represents a significant milestone as the West target shows a large gold-in-soil signature and strong geophysical features that have never been drill-tested, potentially expanding the mineralized system across the property.

Drilling at the East Anomaly intersected rock sequences showing strong alteration patterns typically associated with gold-bearing hydrothermal systems. Key intervals, where structural features and alteration are most intense, extend 10 to 15 meters in estimated true width. These zones are interpreted as structurally controlled corridors with potential for gold enrichment, similar to other deposits found throughout the prolific Juruena Gold Province.

"We are very encouraged by the early geological results from Copeçal," said Rob Birmingham, CEO. "The alteration styles and structural features we're seeing are consistent with a robust hydrothermal gold system. With drilling now underway at the West Anomaly, we're testing a brand-new target area that has strong potential to deliver meaningful results for our shareholders."

Samples from the first two drill holes have been delivered toALS LaboratoryALS Global's

The Copeçal project sits in Mato Grosso, Brazil, approximately 60 kilometers from Alta Floresta. AngloGold Ashanti, one of the world's largest gold mining companies, invested approximately $1 million in systematic exploration here between 2010 and 2016, identifying a 6-kilometer-long gold-in-soil anomaly before shifting focus to other global projects.GoldHaven

"Copeçal has all the hallmarks of a compelling greenfields opportunity," said Jon Hill, former Exploration Manager for AngloGold Ashanti during the project's initial discovery phase, and current Country Manager in Brazil forGoldHavenprevious announcement

The 1,200-meter drilling program is designed to test both the East and West anomalies, which each show persistent gold-in-soil signatures extending across 3-kilometer strike lengths. The project benefits from year-round road access and proximity to Alta Floresta, a regional hub with daily commercial air service.GoldHaven's

Beyond Brazil,GoldHaven

for Copeçal.GoldHaven's43-101 Technical Report

https://usanewsgroup.com/2025/09/23/the-goldhaven-story-two-continents-one-strategy-systematic-exploration-in-historically-productive-districts/CONTINUED… Read this and more news for GoldHaven Resources at:

In other industry developments and happenings in the market include:

shareholders, representing 10.6% of outstanding shares on a non-diluted basis.completed its acquisitionTorex Gold Resources Inc.Prime Mining CorpTorexPrime Mining

"We have now concluded our acquisition ofPrime MiningTorex Gold

The company is targeting delivery of a preliminary economic assessment on Los Reyes by mid-2026, with Inferred Resources adding 538,000 ounces of gold and 21.6 million ounces of silver alongside exploration upside through additional drilling. Los Reyes complementsTorex'sReyna Silver

at the Romero Gold-Copper Project in the Dominican Republic, marking the first drilling at Romero since 2018. The company is currently drilling hole LTP-171, which has reached 220 metres depth focused on metallurgical testwork, with a second rig mobilized for additional metallurgical holes and a third rig planned for the Cachimbo target in early November.commenced its 2025 drilling programGoldQuest Mining Corp.

"With drilling now underway at Romero, we are executing on both our development and exploration objectives for the year," said Luis Santana, CEO ofGoldQuest Mining

The program includes 5,000 metres of greenfield exploration drilling at Cachimbo aimed at expanding gold-copper resource potential, while 62 trenches have been completed confirming gold mineralization in surface zones. Recent technical work has included comprehensive structural geology reviews and reprocessing of historical geophysical datasets to improve targeting across both brownfield and greenfield prospects in the Tireo Belt.

a 44% increase in Indicated Resources to 1,732,300 ounces of gold within 35.2 million tonnes grading 1.53 g/t and a 13.4% increase in Inferred Resources to 1,265,900 ounces of gold within 32.2 million tonnes grading 1.22 g/t at its flagship White Gold Project in Yukon, Canada. The updated mineral resource estimate, with an effective date of August 19, 2025, includes the Golden Saddle, Arc, Ryan's Surprise, and VG deposits, with 99% of resources near surface and contained within open pit mine designs.technical report demonstratingWhite Gold Corp.

"The updated MRE on our flagship White Gold Project represents another key development for the continued growth and advancement of our resources, which now ranks as one of the highest-grade undeveloped open pittable gold deposits in Canada," said David D'Onofrio, CEO ofWhite Gold Corp.

The Golden Saddle Main Zone hosts a consistent high-grade core containing 1,100,000 ounces Indicated at 2.84 g/t gold and 93,000 ounces Inferred at 2.03 g/t gold at a 1.0 g/t cut-off, with mineralization remaining open in all directions. The 2025 exploration program has been designed to deliver continued increases to resource size and advance technical understanding in support of a Preliminary Economic Assessment, with work supported by strategic partnerAgnico Eagle

by raising $235 million in net cash proceeds through equity offerings and eliminating approximately $136 million of total indebtedness, making the company debt free as it advances its Hycroft Mine in northern Nevada. The company has completed approximately 2,450 meters of drilling on five exploration holes since August 3, 2025, targeting high-grade silver dominant zones in Brimstone and Vortex, with plans to expand the program from two to four core drill rigs.strengthened its balance sheetHycroft Mining Holding Corporation (NASDAQ: HYMC)

"This quarter marks a transformational chapter in our Company's journey," said Diane R. Garrett, CEO ofHycroft Mining Holding Corporation

Metallurgical test programs covering crushing, grinding, flotation, pressure oxidation, and leaching have shown higher gold and silver recoveries relative to the March 2023 technical report, while roasting work continues as a potential processing route to produce sulfuric acid as a third revenue stream. Approximately 80% ofHycroft's

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