Roxmore Resources Inc. reports developments tied to its 100% owned Converse Gold Project on the Battle Mountain-Eureka Trend in Nevada. Company news centers on gold-project advancement, including preliminary economic assessment work, mineral resource updates, infill and extensional drilling, land-position changes, assay procedures and project-design considerations.
Roxmore updates also cover public-company matters such as shareholder meeting materials, audited financial statement review, director elections, auditor appointments, material agreements and capital-structure actions, including private placement financing used for project advancement and general corporate purposes.
Roxmore Resources (GARLF) signed a definitive agreement for an SSR Mining subsidiary to acquire all its shares and spin out exploration assets. Total consideration is approximately C$712 million on a fully diluted basis, comprising approximately C$663 million in cash and Spinco shares with an implied value of approximately C$49 million. Each Roxmore share will receive C$6.75 cash and 0.33 Spinco share, with the latter estimated at C$0.50. Total consideration represents approximately 58% above the 20-day volume-weighted average trading price and 36% above the October 9, 2026 closing price.
SSR will acquire Converse; Spinco will hold Rattlesnake Hills, Newton and Shabu River, with US$10 million cash and no debt. Roxmore shareholders will own 85.01% of Spinco and SSR 14.99%. Roxmore expects closing in December 2026, subject to securityholder and court approvals and closing conditions.
Roxmore Resources (GARLF) reported new gold and silver drill results and expanded exploration potential at the Converse Gold Project in Nevada.
Exploration hole CV26-013C, drilled 90 m from the current resource, returned 58.2 m grading 1.85 g/t Au and 4.43 g/t Ag from 484 m, including 19.8 m grading 4.83 g/t Au and 9.94 g/t Ag. The hole was collared along the western margin of the Redline deposit near a ~3 km northwest-southeast magnetic low. Recent and historical intercepts along this western margin, including CV26-009C and CONV-030C, together with a new 3D inversion of 1995 aeromagnetic data, support the interpretation that the Redline mineralizing system may extend up to 2 km west into a largely untested area.
Roxmore Resources (GARLF) reported substantial progress on its Converse Gold Project in Nevada, advancing multiple technical and permitting workstreams toward a Prefeasibility Study (PFS) targeted for completion in December 2027.
The company appointed experienced engineer Micaela Muro as Study Manager and launched a silver re-assay program, dispatching over 10,000 historic sample pulps to Actlabs to enable inclusion of silver in an updated Mineral Resource Estimate (MRE) planned for Q1 2027. A major metallurgical program of 36 column tests is starting in September, building on more than 1,000 bottle rolls and 75 column tests, and will run into Q2 2027 to refine recovery assumptions and flowsheet options, including HPGR and potential SART.
Geotechnical drilling and water wells are scheduled for Q4 2026, while a 30,000‑metre Phase 1 infill and extension drill program is about 50% complete. Environmental baseline studies are under way to support a Mine Plan of Operations, with permitting and agency review expected through 2028–2029 and key approvals targeted for the latter half of 2029.
Roxmore Resources (TSX: RM, OTCQX: GARLF) reported additional gold and silver assay results from ongoing infill and extension drilling at its flagship Converse Gold Project on the Battle Mountain–Eureka Trend in Nevada. Key intercepts include hole CV26-017 with 85.3m grading 0.52 g/t Au and 2.34 g/t Ag from 207.3m, and CV26-022 with 94.5m grading 0.73 g/t Au and 2.34 g/t Ag from 114.3m. Hole CV26-020 returned 57.9m grading 0.62 g/t Au and 3.02 g/t Ag from 76.2m and 62.5m grading 0.79 g/t Au and 3.16 g/t Ag from 163.1m. All highlighted holes were drilled within areas currently classified as inferred mineral resources to support upgrading resource categories and refining the geological model, with mineralization remaining open at depth and along strike. Roxmore has mobilized three rigs for a 30,000m Phase 1 program, of which about 31% is complete, feeding an updated mineral resource estimate and a planned PFS targeted for 2027. The company also appointed Robert Dufour as Chief Financial Officer during a planned maternity leave.
Roxmore Resources (OTCQX:GARLF, TSX:RM) reported new gold and silver assay results from the ongoing drill campaign at the Converse Gold Project in Nevada’s Battle Mountain – Eureka Trend.
Key holes include CV26-010C with 247.2m of 0.51 g/t Au and 3.79 g/t Ag from 131.7m, plus several other long mineralized intervals. The 30,000m Phase 1 infill and extension program aims to upgrade portions of the current inferred Mineral Resource Estimate to indicated and measured, supported by an updated geological model and additional drill rigs being added through 2026–2027.
Roxmore Resources (OTCQX:GARLF, TSX:RM) released results of its June 11, 2026 annual general meeting. Shareholders voted 15,105,351 common shares, representing about 21.43% of outstanding shares. All five director nominees received about 99.98% of votes cast, and Deloitte LLP was appointed auditor.
Roxmore Resources (OTCQX:GARLF, TSX:RM) completed the secondary payment for the Newton Gold Project on June 3, 2026 by issuing shares instead of cash.
The company issued 312,500 common shares to Carlyle, valued at C$1,250,000 at C$4.00 per share, plus 62,500 finder's shares, all subject to hold and staged resale restrictions.
Roxmore Resources (OTCQX:GARLF) (TSX:RM) filed an NI 43-101 Technical Report for the updated mineral resource estimate and Preliminary Economic Assessment of its 100%-owned Converse Gold Project in Nevada.
The report, prepared by independent Qualified Persons from SLR Consulting and Kappes, Cassiday & Associates, is available on SEDAR+ and Roxmore's website.
Roxmore Resources (OTCQX:GARLF, TSX:RM) reported significant gold and silver drill results from core hole CV25-009C at the Converse Gold Project in Nevada.
Key intercepts include 110.9m at 1.31 g/t Au and 2.84 g/t Ag from 459.6m and 138.1m at 0.65 g/t Au and 3.5 g/t Ag from 57m, extending mineralization about 400m below the PEA open-pit floor and correlating with historic RC hole NK-125. Drilling targets Breccia Pipe 01 within a large breccia-porphyry system, supporting the geological model and existing mineral resource. A 30,000m infill and extension program is underway, with additional drill and silver re-assay results expected in Q3 2026.
Roxmore Resources (OTCQX:GARLF) filed its management information circular and related meeting materials for the annual general meeting to be held on June 11, 2026 at 8:00 a.m. (Vancouver time) at Suite 2200, 885 West Georgia Street, Vancouver.
The Meeting agenda includes receiving audited consolidated financial statements for years ended December 31, 2025 and 2024; electing directors; appointing Deloitte LLP as auditor; and transacting other business. Meeting Materials are being dispatched to shareholders and posted on the company website and SEDAR+. Proxy cut-off is 8:00 a.m. (Vancouver time) on June 9, 2026.