GOLDEN ENTERTAINM. DL-,01

The raising follows outstanding drilling results at the flagship Corner Bay deposit and Golden Eye prospect, which both offer substantial upside The raising follows outstanding drilling results at the flagship Corner Bay deposit and Golden Eye prospect, which both offer substantial upside» Mehr auf globenewswire.com

Golden Entertainment's aggressive deleveraging, asset sales, and focus on core Nevada operations have dramatically improved its balance sheet and reduced risk. Despite recent revenue declines from property sales and soft demand, gaming margins and free cash flow have improved, supporting shareholder returns via buybacks and dividends. Valuation remains attractive: EV/EBITDA multiples are below peers, and continued buybacks plus a 3.6% dividend yield offer a compelling total return.» Mehr auf seekingalpha.com

Results such as 4.4% CuEq over 9.1m at the Project's flagship Corner Bay deposit; These follow the recent high-grade results at the nearby Golden Eye prospect HIGHLIGHTS: Latest infill results from Corner Bay demonstrate continuous high-grade mineralisation: 9.1m @ 4.4% CuEq (4.1% Cu, 0.3g/t Au & 14.4g/t Ag) (CB-25-118) Including 3.4m @ 7.6% CuEq (7.0% Cu, 0.4g/t Au & 24.9g/t Ag) 5.8m @ 5.3% CuEq (4.4% Cu, 0.8g/t Au & 28.1g/t Ag) (CB-25-122) 2.8m @ 5.0% CuEq (4.6% Cu, 0.4g/t Au & 14.6g/t Ag) (CB-25-119) 2.8m @ 4.1% CuEq (3.8% Cu, 0.2g/t Au & 16.3g/t Ag) (CB-25-120) These results highlight the strong potential to grow the Indicated Resource as part of the upcoming Mineral Resource update on the Chibougamau Project (the “Project”), which is scheduled for completion in the September quarter The current Corner Bay Indicated Resource is 2.7Mt at 2.9% CuEq and the Inferred Resource is 5.9Mt at 3.6% CuEq 1 Infill drilling is almost complete on the shallowest parts of the Corner Bay deposit; this area is expected to help underpin the early part of any production schedule at the Project The Corner Bay results follow the recently announced high-grade assays from the Golden Eye prospect (see ASX release dated 10 June 2025), where Cygnus expects to complete an initial resource to be included in the overall Project Mineral Resource update The current total Mineral Resource for the Project is comprised of Measured and Indicated Resources of 3.6Mt at 3% CuEq and Inferred Resources of 7.2Mt at 3.8% CuEq 1 Early engineering studies and permitting are underway The Project has a significant head start as a copper-gold development opportunity with well-established infrastructure including a 900,000tpa processing facility Cygnus Executive Chairman David Southam said : “These latest results reinforce Cygnus' understanding of the high-grade and continuous nature of the mineralisation at Corner Bay, and support our goal of upgrading more tonnes into the Indicated category. “This will enable us to assess the production potential and economic outlook for the Project with increased certainty.» Mehr auf globenewswire.com