Mining News: EnviroGold Global Appoints CFO; Total Metals Closes Menary Gold Project Acquisition

💬 Mining investors: Track these two critical junior mining moves — $NVRO $ESGLF $TT $TTTMF

EnviroGold Global Appoints Karina Nott as Chief Financial Officer

Vancouver, BC, March 23, 2026 (GLOBE NEWSWIRE) — $EnviroGold Global Limited(ESGLF)$is pleased to announce the appointment of Karina Nott as Chief Financial Officer. Ms. Nott joins EnviroGold as the Company advances the commercial deployment of its proprietary NVRO Process™ and progresses toward key commercial milestones and revenue targets.

The appointment of Ms. Nott is effective today, March 23, and further strengthens EnviroGold’s executive leadership team as the Company pushes forward with commercialization and develops scalable projects across jurisdictions.

Ms. Nott is an accomplished financial executive with over 20 years of international experience spanning capital markets, financial strategy, global operations, and scaling high-growth technology companies. She has a strong track record in financing and financial leadership focused on growth‑stage technology firms. Most recently, she served as Vice President, Finance at a global satellite IoT company, where she was a key member of the executive team leading corporate finance strategy, financial planning, and international expansion.

Ms. Nott has extensive experience collaborating with CEOs and boards of directors on financial strategy, leading due diligence, managing investor relations, and building the reporting and governance frameworks required to scale enterprises.

Grant Freeman, Chief Executive Officer of EnviroGold, stated: “As we advance EnviroGold’s project development platform toward commercial deployment, Karina brings exactly the financial leadership we need. Her experience in capital markets, scaling technology businesses, and working closely with executive teams and investors will be instrumental as we execute our next phase of growth.”

Ms. Nott commented: “I am thrilled to join EnviroGold at this important stage in its evolution. The Company’s technology and strategy present a compelling opportunity to unlock value from complex mineral systems while supporting the global transition to more sustainable metal production. I look forward to working with the team to support the Company’s growth and strategic objectives.”

Total Metals Announces Completion of Menary Gold Project Acquisition

Toronto, Ontario, March 23, 2026 (TheNewswire) — $TOTAL METALS CORP.(BGADD)$is pleased to announce that it has completed the acquisition of the Menary Gold Project (the “Project”), first announced on December 22, 2025 (the “Transaction”).

About the Menary Gold Project

As disclosed in the Company’s news release dated December 22, 2025, the Menary Project consists of 27 mineral claims and one mining lease covering a total area of 276.5 hectares, strategically located in the Kenora Mining Division, Ontario. The Project shares a southern boundary with claims held by Coeur Mining, Inc. (Coeur) and is immediately adjacent to Coeur’s Rainy River Mine.

Coeur completed its approximately $7 billion acquisition of New Gold Inc. on March 20, 2026.

Project Highlights

Galbraith “A” Zone Grab Samples: High‑grade grab sample results include 8,120 g/t Au, 1,885 g/t Au, and 1,400 g/t Au, confirming the presence of extremely high‑grade mineralization.
Galbraith “A” Zone Channel Samples: Continuous channel sampling across the shear structure returned 1.0 m of 243.00 g/t Au and 1.0 m of 45.38 g/t Au, demonstrating width continuity of high‑grade zones.
Wagg Zone Drilling: Diamond drill hole MIN-11-18 intersected 16.99 g/t Au over 6.3 m (core length), identifying a new, previously unknown deep mineralized zone.
Strategic Location: The Menary Project is located approximately 65 km northwest of Fort Frances, contiguous with the Rainy River Mine property. Coeur Mining’s recent acquisition of New Gold validates the district’s standing as a top-tier North American mining jurisdiction.

Transaction Details

Under an option agreement, Destroismaisons granted the Company the exclusive right to acquire a 100% interest in the Project through total cash payments of C$1,010,000 and issuances of common shares valued at C$1,010,000 over four years, subject to existing net smelter return royalties (NSR).

The payment structure is as follows:

C$210,000 in cash and C$210,000 in shares (the “Initial Payment”) within five days of TSXV approval; and
C$200,000 in cash and C$200,000 in shares on each of the first, second, third, and fourth anniversaries.

The share issuance price is based on the 20‑day volume‑weighted average trading price of the Company’s shares on the TSXV.

Upon completion of all payments and share issuances, the Company will own 100% of the Project, subject to a 4.5% NSR (3% to Western Troy Capital Corp. and 1.5% to William McNerney).

The Transaction is a fair market transaction. The Initial Payment — consisting of C$210,000 cash and 507,678 common shares issued at a deemed price of C$0.41365 per share — was completed on Friday, March 20, 2026. The issued securities are subject to a standard four‑month‑and‑one‑day hold period under NI 45‑106 – Prospectus Exemptions and have no additional escrow or resale restrictions.

Qualified Person

Robert Penczak, P.Geo., Vice President, Exploration of the Company, is a Qualified Person as defined under National Instrument 43‑101 and has reviewed and approved the scientific and technical information contained in this news release.

About Total Metals Corp.

Total Metals Corp. is focused on its 100% owned Electrolode Project, which covers over 3,300 hectares of contiguous land in northwestern Ontario. The Electrolode Project targets high‑potential critical minerals and gold resources along three favorable geological trends, adjacent to major mines in the Red Lake Gold Camp and strategically positioned between Kinross Gold’s Great Bear Project and First Mining Gold’s Springpole Project. The Project is fully permitted for exploration drilling and hosts 10 historical mineralized zones with significant expansion potential, plus new, untested targets ready for further exploration.

Total Metals also owns 100% of the High Lake and West Hawk Lake Projects, totaling 958 hectares, both gold assets located along the Trans‑Canada Highway across the Manitoba/Ontario border. The Purex mineralized zone at High Lake represents a key initial target for exploration and potential future mining. The West Hawk Lake asset consists of a single mining lease in southeastern Manitoba.

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