Big Ridge Gold Corp reports exploration and development updates for its Canadian gold project portfolio. The company owns a 100% interest in the Hope Brook Gold Project in Newfoundland and Labrador, along with the Oxford Gold Project in Manitoba and the Destiny Gold Project in Quebec.
Recurring news for ALVLF includes Hope Brook work programs, geotechnical and hydrogeological drilling, infill and exploration drilling, metallurgical testing, preliminary economic assessment activity, project ownership updates, partner activity at Destiny, warrant exercises, option and share-based compensation grants, and shareholder-meeting results.
Big Ridge Gold (ALVLF) will hold its annual and special shareholder meeting on December 14, 2026, in Toronto. The meeting begins at 11:00 a.m. Eastern time at Dentons Canada. Materials were mailed November 13. Shareholders will vote on six directors, auditor reappointment and annual approval of the rolling share option plan. The plan reserves up to 10% of outstanding shares; proposed housekeeping amendments leave that limit and option pricing, terms and vesting unchanged.
On October 20, non-employee directors surrendered 1,101,918 options for cancellation after their grant-date value exceeded the plan's annual limit. This leaves 1,148,082 options from the July 1 grant outstanding, exercisable at $0.45 per share until July 1, 2031. Cancelled options returned to the pool for future grants.
Big Ridge Gold (ALVLF) reported 90% copper recovery in metallurgical testing at its wholly owned Hope Brook Gold Project in Newfoundland. Locked-cycle flotation, which recycles material through repeated processing stages, produced concentrate grading approximately 24% copper, 300 grams per tonne gold and 93 grams per tonne silver. Leaching the cleaner tailings brought overall gold recovery to 88%.
The test material averaged approximately 1.08 grams per tonne gold, versus approximately 3.0 grams per tonne during historical operations that achieved approximately 82%–90% gold recovery from 1994 through 1997. The results support work on the project's Preliminary Economic Assessment, an early study of potential project economics. Big Ridge plans further integrated recovery testing, tests across different mineralization types, and process and environmental engineering work.
Big Ridge Gold Corp. (ALVLF) will participate in the inaugural Gentile Mining Investor Forum in London on October 19, 2026, and the Michael Gentile Mining & Metals European Roadshow in Paris, Frankfurt, Zurich, and Munich from October 20–23, 2026.
The program, created by strategic junior mining investor Michael Gentile in partnership with Amvest Capital, features six portfolio companies across five cities, with the London Forum hosting up to 150 investors, family offices, wealth managers, and sector-focused high-net-worth individuals. Events include keynote remarks by Michael Gentile, issuer showcases, structured one-on-one meetings, hosted lunches, and networking sessions supported by sponsors including ATB Cormark Capital Markets, Beacon Securities, STIFEL, Canaccord Genuity, TSX, TSX Venture Exchange, and Investor.Events.
Big Ridge plans to use the roadshow to present its 100% owned Hope Brook Gold Project and other assets to new global investors. Investor attendance is free, with limited space and pre-approved registration via gentileminingroadshow.com.
Big Ridge Gold (ALVLF) appointed mining executive Garett Macdonald to its Board of Directors, effective September 15, 2026.
Macdonald has over 30 years of industry experience and is currently Vice President of Operations and General Manager of Hemlo Mining Corporation. He previously led Maritime Resources as President and CEO, advancing the Hammerdown gold project from concept to first gold production before Maritime was acquired by New Found Gold in 2025 for $292 million.
In connection with his appointment, Big Ridge granted Macdonald 300,000 stock options exercisable at $0.51 per share, expiring September 15, 2031, which vest immediately. Big Ridge continues to advance its 100%-owned Hope Brook Gold Project in Newfoundland and Labrador toward a Preliminary Economic Assessment.
Michael Gentile filed an early warning report after acquiring 18,103,333 units of Big Ridge Gold (ALVLF) in a non-brokered private placement. Each unit includes one common share and one warrant exercisable at $0.46 until July 7, 2029.
Gentile’s holdings increased from 30,511,500 shares (about 10.35%) to 48,614,833 shares plus 18,103,333 warrants, representing roughly 15.28% undiluted and 19.9% partially diluted. The securities are held for investment, and his position may change based on market conditions and company prospects.
Big Ridge Gold (OTCQB: ALVLF, TSXV: BRAU) closed a non-brokered private placement of 23,333,333 units at C$0.30, raising gross proceeds of $7,000,000.
Each unit includes one share and one warrant at C$0.46 exercisable to July 7, 2029. Proceeds fund Hope Brook Gold Project exploration and corporate overhead. Strategic shareholder Michael Gentile acquired 18,103,333 units, bringing his ownership to about 19.9% on a partially diluted basis.
Big Ridge Gold (OTCQB: ALVLF, TSXV: BRAU) granted new share-based compensation to officers and non-executive directors, effective July 1, 2026.
The company awarded 4,300,000 stock options to officers under its Amended and Restated Option Plan, exercisable at $0.45 per share, expiring July 1, 2031, and vesting immediately.
Big Ridge Gold (OTCQB: ALVLF) has started its 2026 drill program at the Hope Brook Gold Project in southwest Newfoundland. The program targets the 240 and Main Zones with infill, step-out, geotechnical and hydrogeological drilling, aiming to upgrade inferred resources, refine resource extents and support open pit and underground mine design.
Big Ridge Gold (OTCQB: ALVLF) has started an induced polarization (Alpha IP™) survey at the Hope Brook Gold Project in Newfoundland and Labrador. The program will map resistivity and chargeability anomalies to depths of 500 meters and refine drill targets around the Main, 240 and Copper Shaft zones.
The survey, expected to finish by early July, will support a drill plan of over 30,000 meters. Environmental baseline studies on water, habitat, wildlife and avifauna are also advancing to support assessment, permitting, mine planning and engineering.
Big Ridge Gold (OTCQB: ALVLF, TSXV: BRAU) has mobilized its 2026 work program at the Hope Brook Gold Project on Newfoundland's southwest coast. Planned activities include geotechnical and hydrogeological drilling, infill and expansion drilling at the 240 and Main Zones, metallurgical test work with concentrate samples, and completion of a Preliminary Economic Assessment (PEA). The camp is open and the company expects to mobilize the first drill rig in early June. Big Ridge will attend the Natural Resource Stock Expo May 1-2 in Atlanta. A Qualified Person has reviewed the technical information.