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(TheNewswire)
VANCOUVER TheNewswire – December 11, 2025 Windfall Gold Mines Inc. (TSX-V: PHD) (” Windfall ” or the ” Firm “) is extraordinarily happy to announce that it has entered into an underground mining lease settlement (the ” Lease “) with Straightforward Mining Firm Ltd . (“Straightforward Mining”).
Straightforward Mining is an skilled and well-regarded underground mining contractor with operations in Canada and the US and an workplace in Winnipeg, Manitoba. Windfall welcomes Straightforward Mining’s involvement on the Firm’s absolutely permitted La Dama de Oro gold-silver undertaking .
Underneath the phrases of the Lease, Windfall grants Straightforward Mining the best to discover and mine inside the present underground workings on the La Dama de Oro property, situated within the Silver Mountain Mining District, California, USA. Straightforward Mining is permitted to extract a 1,000-ton bulk pattern over a twelve-month interval commencing on the date of the signed settlement.
Straightforward Mining shall be liable for underground mining, exploration, and processing actions designed to guage mineralized materials and decide applicable metallurgical strategies. As a part of the Lease:
- Straightforward Mining can pay the La Dama de Oro the Property Optionor, “Mohave Gold Mining and Exploration Inc.”, a 2% Web Smelter Royalty “NSR”
- Any gross proceeds generated from bulk pattern mining will then be divided equally (50/50) between Straightforward Mining (the Lessee) and Windfall (the Lessor).
Ronald A. Coombes, President & CEO, commented : “Having all permits in place and securing an settlement with Straightforward Mining Firm Ltd. supplies a transparent path to advance and consider the La Dama de Oro gold-silver undertaking.
Additional to the Firm’s information releases dated September 12, 2025, and October 22, 2025, Windfall has closed its beforehand introduced personal placement. A complete of 1,604,800 models had been issued for gross proceeds of $80,240. Every unit consists of 1 widespread share and one full, non-transferable warrant exercisable at $0.05 for a interval of two years from the date of issuance.
Proceeds from the personal placement shall be used for common administration and for sampling actions to evaluate mineralization potential on the La Dama de Oro undertaking. The Firm intends to proceed instantly with work associated to the permitted 1,000-ton bulk pattern.
The Firm additionally, {topic to regulatory approval}, declares a non-brokered personal placement of as much as 2,000,000 models at a value of $0.05 per unit, for gross proceeds of as much as $100,000. Every unit will encompass:
- one widespread share; and
- one full, non-transferable warrant exercisable at $0.05 for a interval of two years from the date of situation.
For extra info, please contact Ronald Coombes, President, and CEO of the Firm.
Ronald A. Coombes, President & CEO
Cellphone: 604 724 2369
roombesresources@gmail.com.com
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Neither the OTCQB and or the TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this launch.
All statements, pattern evaluation and different info contained on this press launch relative to markets about anticipated future occasions or outcomes represent forward-looking statements. All statements, aside from statements of historic truth, included herein, together with, with out limitation, statements regarding the allowing course of, future manufacturing of Windfall Gold Mines, finances and timing estimates, the Firm’s working capital and financing alternatives and statements relating to the exploration and mineralization potential of the Firm’s properties, are forward-looking statements. Ahead-looking statements are topic to enterprise and financial dangers and uncertainties and different elements that might trigger precise outcomes of operations to vary materially from these contained within the forward- trying statements. Necessary elements that might trigger precise outcomes to vary materially from Windfall Gold Mines expectations embody fluctuations in commodity costs and forex change charges; uncertainties regarding interpretation of drill outcomes and the geology, continuity and grade of mineral deposits; the necessity for cooperation of presidency companies and native teams within the exploration and improvement of properties and the issuance of required permits; the necessity to get hold of extra financing to develop properties and uncertainty as to the supply and phrases of future financing; the opportunity of delay in exploration or improvement applications and uncertainty of assembly anticipated program milestones; and uncertainty as to well timed availability of permits and different governmental approvals. Ahead-looking statements are primarily based on estimates and opinions of administration on the date the statements are made. Windfall Gold Mines doesn’t undertake any obligation to replace forward-looking statements besides as required by relevant securities legal guidelines. Buyers shouldn’t place undue reliance on forward-looking assertion
Copyright (c) 2025 TheNewswire – All rights reserved.
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