Announcement • Jul 17
Rise Gold Corp. Commences Tungsten and Gold Exploration Drilling Program At Idaho-Maryland Gold Project Rise Gold Corp. commenced a tungsten and gold exploration drilling program at the Idaho-Maryland Gold Project located in Nevada County, California. The focus of the drill program will be to test targets in the Union Hill and Brunswick areas of the mine both for tungsten and gold. The Company plans to drill eight core holes totaling approximately 11,400 feet of drilling from two locations. Targets in the Union Hill workings include the Lucky-Cambridge, Greek-Tungsten, Union Hill, Georgia, and Gold Blossom veins. In the Brunswick workings, the targets are the 19, 45, 46, and 47 veins. The I-M Mine operated nearly continuously from 1862 to 1957, producing an estimated 2,400,000 ounces of gold at an average mill head grade of 0.50 ounces per ton (17.1 grams per tonne). By the early 1940s, the I-M Mine was the second-largest gold producer in the United States. In 1954, the operator of the I-M Mine began exploring for tungsten under a program sponsored by the U.S. Department of Defense. Sufficient tungsten was discovered such that the company modified one of its mills to extract tungsten from the calcium tungstate mineral, scheelite, to produce a tungsten trioxide concentrate. By December 1955, all mining and milling of gold was discontinued, and operations focused solely on the production of tungsten. A report that year noted that the tungsten-rich veins continued at depth and recommended an intensification of tungsten prospecting and research which should greatly prolong the tungsten producing period. In 1957, the price of tungsten fell by more than half, Congress discontinued the defense minerals program, the operator of the I-M Mine lacked the capital to continue development of the tungsten resources, and operations at the mine were suspended. The company sold equipment and various non-core surface parcels to pay down debt and to preserve its ownership of the mineral estate. The mineral estate and the core surface properties were held intact by various successive owners and were acquired by Rise in 2017. The Energy Act of 2020 began a process to define critical minerals important to the United States. The 2023 DOE Critical Metals List includes tungsten, a necessary component in a wide array of defense applications, including but not limited to the production of ammunition, armored equipment, and artillery. The United States has not had a domestic supply of tungsten since 2015. China currently produces 84% of the global tungsten supply and in February 2025 announced restrictions on tungsten exports. Announcement • Jul 08
Daniel Oliver Jr Intends to Influence the Policies of Rise Gold Corp On July 8, 2026, Daniel Oliver Jr announced that he intends to continue to seek to influence the policies of Rise Gold Corp with a goal of maximizing the value of the Company's common stock. Announcement • Jan 09
Rise Gold Corp. Announces Delay in Trial Schedule Rise Gold Corp. on September 16, 2025 announced that Nevada County, Rise, and the Superior Court of California for the County of Nevada agreed to a schedule that anticipated that oral arguments concerning Rise's Writ of Mandamus would be held on January 9, 2026. On January 8, the Court on its own initiative delayed the oral arguments until March 6, 2026. The Company submitted the Writ on May 13, 2024, asking the Court to compel the Board of Supervisors of Nevada County (the "Board") to follow applicable law and grant Rise recognition of its vested right to operate the Idaho-Maryland Mine (the "I-M Mine"). The I-M Mine produced 2.4 million ounces of gold at an average mill head grade of 0.50 ounces per ton and was in production before, during, and after the County adopted its zoning code, which established a vested right for the I-M Mine to operate without a permit. On December 14, 2023, the Board rejected the Company's vested rights petition because "all mining activities at both the Brunswick and Centennial cites [sic] had ceased by 1956." The County ignored the California Supreme Court's 1996 ruling in the Hanson Brothers case that "cessation of use alone does not constitute abandonment" of a vested right, but rather that the County must show by clear and convincing evidence " an intention to abandon" the right to mine. Rise filed its initial brief in support of the Writ on September 6, 2025. The County replied on November 18, 2025, pointing out that "in just the last six years, California counties have applied Hansen Brothers at least four times in public hearings to recognize a vested right to mine at a property where mining had ceased for periods ranging from 53 to 75 years" and listed the four cases. On December 17, the County filed a brief demanding that the Court ignore the four cases because they were never provided to the Board" and because " new evidence is not permitted with reply papers." The County demanded the Court either ignore the citations or delay the January 9 hearing to give the County time to respond to Rise's reply. On December 23, Rise explained to the Court that Rise is "not offering these decisions as factual evidence but as compelling legal authorities, and the Court may take judicial notice of them because they are authentic documents memorializing government acts," that Rise "offered these authorities directly in response to arguments Respondents made in their opposition," and that Rise " did cite three of the four decisions to the County in the proceedings below," while the "fourth vested-right determination post-dated the proceedings below and so could not have been cited there." Rise pointed out that the County's brief " is an obvious attempt to delay this case, which has already been pending for more than a year and a half despite the closed record and lack of discovery." The Court announced the delay in the late afternoon the day before the hearing and gave no reason for its action. 
