Gordon Mining Agrees to Buy Tungsten Tail Project in New Mexico from Lamina Minerals

Gordon Mining Group Inc., a Vancouver-based mineral explorer trading on the CSE as GORD and on the OTCQB as GSPFD, has signed a definitive agreement dated October 19, 2026 to acquire a 100% interest in TT Minerals LLC from Lamina Minerals LLC. TT Minerals is the holder of the Tungsten Tail Project in the Tierra Blanca mining district of Sierra County, New Mexico.

The project covers 41 contiguous unpatented lode mining claims, designated TT 1 through TT 41, spanning approximately 847 acres or 343 hectares over the historical Tungsten Tail area. The acquisition gives Gordon Mining, formerly known as Golden Spike Resources Corp., its first foothold in the southwestern United States and adds tungsten exposure to a portfolio that previously centered on copper and gold exploration in Canada, including the Gregory River property in Newfoundland.

The deal comes as tungsten prices outside China have surged sharply in 2026, with concentrate assessed at $2,500 to $2,800 per metric tonne unit by mid-year, up from $750 to $850 at the start of the year, making New Mexico tungsten ground increasingly sought after by junior miners. Financial terms of the transaction were not disclosed in the announcement.