Junior Mining Intelligence · Friday snapshot
GoldVenture Weekly
Week ending May 22, 2026 · 397 companies tracked, 356 priced
Palladium was the dominant mover among tracked metals for the week ending 2026-05-22, falling 4.51% to $1,334.00/oz against a four-week downtrend, while platinum shed 2.83% to $1,922.00/oz; copper was the lone gainer at +2.08% to $6.38/lb. Gold-focused juniors dominated price action, led by TEX's 122.22% weekly return and WM's 40.0% gain, though the broader group also included double-digit declines. Private placement financings were the most notable catalyst class, accounting for at least two of the five top developments and anchoring $726,337,896.08 of the $917,350,334.61 raised across 56 total financings this week.
What changed: breadth 21.9% up vs 37.6% last week; median -3.8% vs 0.0%; 54 deals for $908.0M vs 1 for $5.5M.
Top developments
TEX (Targa Exploration) surged 122.22% with a sector z-score of 4.71 — no material release in window — move appears technical.
WM (Wallbridge Mining Company Limited) rose 40.0% after announcing a $55,900,000.00 private placement on 2026-05-20 to advance the Fenelon project to pre-feasibility study, with strategic participation from Agnico Eagle and Waratah. Release ↗
WPG (West Point Gold) declined 13.45% — no material release in window — move appears technical.
AMQ (Abitibi Metals) fell 17.5% despite closing a $30,750,000.00 non-brokered private placement on 2026-05-19, suggesting the financing was either anticipated or weighed on the share price at closing. Release ↗
SAM (Starcore International Mines) declined 12.5% — no material release in window — move appears technical.
Sector cohorts new
| Cohort | n | Median move | Median | % up | Metal wk | Best · worst |
|---|---|---|---|---|---|---|
| Gold last wk 0.0% | 219 | -4.0% | 21% | -0.70% | TEX +122.2% · VRR.V -54.7% | |
| Copper last wk +1.2% | 42 | -2.1% | 21.4% | +2.08% | GLAD +30.1% · NBLC -25.0% | |
| Silver last wk -1.7% | 24 | -6.0% | 4.2% | -0.58% | AFF +83.3% · RYO -20.5% | |
| Lithium last wk +0.8% | 12 | +0.9% | 50% | no quote | LIT +22.7% · LIBR -12.8% | |
| Nickel last wk 0.0% | 7 | 0.0% | 42.9% | no quote | TN +25.0% · NICN -20.8% | |
| Uranium last wk -5.4% | 6 | -4.6% | 33.3% | no quote | ABA.V +9.5% · HLU -14.3% |
By exchange: CSE 37% up, median -1.1% (n=46) · TSX 17.4% up, median -3.0% (n=46) · TSXV 20.2% up, median -3.9% (n=263)
Metals
Capital markets
By type
By commodity, share of dollars new
Solid: this week. Grey: prior four weeks.
Deal terms new
Price against the stock's current price and shares issued against shares outstanding, from the financing record.
| Company | Type | Amount ▾ | Price | vs market | Dilution | Warrants | Closes | Status |
|---|---|---|---|---|---|---|---|---|
| Astra Exploration ASTR Gold | Private Placement | $150.0M | $0.77 mkt $0.70 | +10.0% | 141.7% | none | Apr 30 | closed |
| New Found Gold Corp NFG Gold | Private Placement | $115.1M | $2.96 mkt $2.64 | +12.1% | 10.1% | none | Apr 27 | closed |
| Spanish Mountain Gold Ltd. SPA Gold | Royalty Stream | $75.8M | $0.00 mkt $0.34 | — | — | none | Apr 20 | closed |
| Fireweed Metals FWZ Tungsten | Private Placement | $61.5M | $4.18 mkt $4.05 | +3.2% | 6.5% | none | Apr 2 | closed |
| Greenheart Gold GHRT Other | Private Placement | $59.9M | $1.00 mkt $1.26 | -20.6% | 27.9% | none | Apr 30 | closed |
| Wallbridge Mining Company Limited WM Gold | Private Placement | $55.9M | $0.09 mkt $0.10 | -12.4% | 33.2% | none | May 20 | closed |
| Element 29 Resources ECU Gold | Private Placement | $35.5M | $1.10 mkt $1.53 | -28.1% | 17.1% | none | Apr 22 | closed |
| Lara Exploration Ltd. LRA Copper | Private Placement | $33.8M | $3.00 mkt $4.08 | -26.5% | 18.1% | none | Apr 1 | closed |
| Revival Gold RVG Gold | Private Placement | $33.0M | $0.85 mkt $0.87 | -2.3% | 12.2% | none | May 6 | closed |
| Abitibi Metals AMQ Gold | Private Placement | $30.8M | $0.65 mkt $0.66 | -1.5% | 24.7% | none | May 15 | closed |
| Banyan Gold Corp. BYN Gold | Private Placement | $29.7M | $1.92 mkt $1.35 | +42.1% | 3.5% | none | May 6 | closed |
| Panoro Minerals Ltd. PML Other | Private Placement | $21.0M | $0.95 mkt $1.28 | -25.8% | 7.2% | none | May 13 | closed |
| Red Pine Exploration RPX Gold | Private Placement | $14.2M | $0.17 mkt $0.19 | -10.5% | 18.7% | $0.27 to May 13 | May 13 | closed |
| Lahontan Gold Corp. LG Gold | Private Placement | $13.6M | $0.41 mkt $0.37 | +10.8% | 7.8% | $0.60 to Apr 7 | Apr 8 | closed |
| Sonoro Gold Corp SGO Gold | Private Placement | $12.2M | $0.24 mkt $0.25 | -4.0% | 16.1% | $0.32 to Apr 26 | Apr 27 | closed |
| Sonoro Gold Corp SGO Gold | Private Placement | $12.2M | $0.24 mkt $0.25 | -4.0% | 16.1% | $0.32 to Apr 27 | Apr 27 | closed |
| Relevant Gold Corp RGC Gold | Private Placement | $12.1M | $0.50 mkt $0.46 | +8.7% | 16.8% | none | Apr 13 | closed |
| Honey Badger Silver TUF Gold | Private Placement | $11.5M | $0.16 mkt $0.84 | -81.0% | 44.5% | none | Apr 15 | closed |
| Sonoro Gold Corp SGO Gold | Private Placement | $11.0M | $0.24 mkt $0.25 | -4.0% | 14.5% | $0.32 to Apr 6 | Apr 7 | closed |
| Urano Energy Corp. ue Uranium | Private Placement | $10.5M | $0.40 mkt $0.09 | +370.6% | — | none | Mar 31 | closed |
| Legacy Gold Mines LEGY Other | Private Placement | $10.0M | $0.30 mkt $1.07 | -72.0% | 54.5% | none | Apr 16 | closed |
| Dryden Gold DRY Gold | Private Placement | $9.6M | $0.41 mkt $0.33 | +26.2% | 9.6% | none | May 15 | closed |
| Liberty Gold LGD Other | Warrant Exercise | $8.0M | $0.45 mkt $1.43 | -68.5% | 3.4% | none | May 15 | closed |
| Selkirk Copper SCMI Gold | Bought Deal | $7.5M | $1.70 mkt $1.90 | -10.5% | 2.8% | none | Apr 30 | closed |
| T2 Metals Corp. TWO Other | Private Placement | $7.4M | $0.50 mkt $0.42 | +19.0% | 24.7% | $0.75 to Apr 15 | Apr 15 | closed |
| DLP Resources Inc. DLP Other | Private Placement | $6.0M | $0.25 mkt $0.18 | +35.1% | 15.6% | $0.35 to May 21 | May 21 | closed |
| Enduro Metals Corporation ENDR Gold | Private Placement | $5.6M | $0.16 mkt $0.17 | -3.0% | 28.7% | $0.24 to May 14 | May 14 | closed |
| Skyharbour Resources SYH Gold | Private Placement | $5.3M | $0.58 mkt $0.43 | +34.9% | 4.3% | none | May 11 | closed |
| Awalé Resources ARIC Gold | Warrant Exercise | $5.0M | $0.80 mkt $0.78 | +2.6% | 5.3% | none | May 12 | closed |
| Intrepid Metals Corp INTR Copper | Warrant Exercise | $4.3M | $0.45 mkt $0.83 | -46.1% | 7.7% | none | Apr 7 | closed |
| Brixton Metals BBB Gold | Private Placement | $4.0M | $1.35 mkt $0.80 | +68.8% | 4.0% | none | Apr 10 | closed |
| Sirios Resources SOI Gold | Warrant Exercise | $3.5M | $0.11 mkt $0.19 | -42.1% | 4.7% | none | May 12 | closed |
| Domestic Metals DMCU Copper | Private Placement | $3.4M | $0.28 mkt $0.28 | 0.0% | 16.8% | $0.40 to Apr 14 | Apr 14 | closed |
| Midland Exploration Inc. MD Nickel | Private Placement | $3.1M | $0.45 mkt $0.45 | 0.0% | 6.1% | $0.65 to May 21 | May 21 | closed |
| Domestic Metals DMCU Copper | Private Placement | $3.1M | $0.28 mkt $0.28 | 0.0% | 15.3% | $0.40 to May 5 | May 5 | closed |
| Rio Silver Inc. RYO Silver | Private Placement | $3.0M | $0.35 mkt $0.33 | +6.1% | 14.5% | $0.50 to Mar 31 | Mar 31 | closed |
| Abasca Resources ABA.V Uranium | Private Placement | $2.5M | $0.25 mkt $0.12 | +117.4% | 7.0% | none | May 1 | closed |
| Star Copper STCU Copper | Private Placement | $2.0M | $1.73 mkt $0.87 | +98.9% | 1.9% | none | Apr 2 | closed |
| Trident Resources Corp ROCK Gold | Warrant Exercise | $1.9M | $1.35 mkt $4.07 | -66.8% | 3.5% | none | May 1 | closed |
| Red Canyon Resources REDC Copper | Private Placement | $1.9M | $0.20 mkt $0.17 | +17.6% | 12.2% | $0.30 to Mar 31 | Mar 31 | closed |
| Nord Precious Metals NTH Other | Private Placement | $1.8M | $0.15 mkt $0.21 | -30.2% | 8.5% | $0.20 to Apr 9 | Apr 9 | closed |
| Benton Resources BEX.V Gold | Private Placement | $1.5M | $0.08 mkt $0.07 | +14.3% | 7.0% | $0.12 to May 19 | May 18 | closed |
| VR Resources Ltd. VRR.V Gold | Private Placement | $1.2M | $0.25 mkt $0.14 | +72.4% | 11.8% | $0.30 to Apr 27 | Apr 27 | closed |
| Pan Global Resources PGZ Copper | Warrant Exercise | $1.1M | $0.16 mkt $0.23 | -31.9% | 1.8% | none | May 8 | closed |
| Fitzroy Minerals FTZ Copper | Warrant Exercise | $1.0M | $0.25 mkt $0.43 | -41.9% | 1.3% | none | Apr 2 | closed |
| T2 Metals Corp. TWO Other | Private Placement | $1.0M | $0.50 mkt $0.42 | +19.0% | 3.4% | $0.75 to Mar 31 | Mar 31 | closed |
| Nord Precious Metals NTH Other | Private Placement | $1.0M | $0.20 mkt $0.21 | -7.0% | 3.6% | none | Apr 28 | closed |
| Standard Uranium Ltd. STND Gold | Private Placement | $900K | $0.10 mkt $0.12 | -14.9% | 6.0% | $0.15 to Jun 18 | May 19 | closed |
| Centurion Minerals Ltd. CTN Gold | Private Placement | $735K | $0.05 mkt $0.07 | -28.6% | 37.4% | $0.10 to Apr 29 | Apr 29 | closed |
| Transition Metals XTM Other | Private Placement | $619K | $0.12 mkt $0.07 | +60.0% | 6.3% | none | May 7 | closed |
| Tartisan Nickel TN Nickel | Private Placement | $600K | $0.32 mkt $0.28 | +16.4% | 1.2% | none | May 12 | closed |
| Centurion Minerals Ltd. CTN Gold | Private Placement | $300K | $0.05 mkt $0.07 | -28.6% | 15.2% | $0.10 to Apr 13 | Apr 14 | closed |
| Mayfair Gold MFG Gold | Private Placement | $254K | $4.38 mkt $3.91 | +12.0% | 0.1% | none | Apr 16 | closed |
| Affinity Metals AFF Silver | Private Placement | $105K | $0.03 mkt $0.06 | -45.5% | 5.0% | $0.05 to May 16 | May 12 | closed |
Insider activity new
Net buyers
Directors, officers and 10% holders paying market price with their own cash (SEDI filings). Grants, exercises and plan purchases are excluded. Canadian dollars.
| Lafleur Minerals Inc.LFLR | 1 buy · 1 insider | +C$96K |
| New Break Resources Ltd.NBRK | 6 buys · 2 insiders | +C$62K |
| Athena Gold CorporationATHA | 6 buys · 3 insiders | +C$18K |
2 more net buyers this week on the insider board.
Cluster buying: New Break Resources Ltd. (4 insiders, C$204K).
Net sellers
Open-market sales; option exercises followed by a sale count only for the sale.
| Amerigo Resources Ltd.ARG | 3 sells · 1 insider | −C$160K |
Source: SEDI filings as published by TMX Money. Full board at /insiders.
Drill and discovery board new
Drill results
Drilling at the Jonpol Deposit on the Garrison Property of the Tower Gold Project in the Timmins Mining Camp, Ontario, returned 10.10 g/t Au over 5.57 m, 2.55 g/t Au over 19.70 m and 3.37 g/t Au over 14.53 m. The 2026 program includes an estimated 8,000 m of planned drilling in the first half of the year, targeting the western extension of Jonpol's open-pit mineralization, which could expand strike from 400 m in the Tower PEA to approximately 1,200 m, plus infill drilling.
Phase 2 resource drilling at the Santo Tomás copper project in Choix, Sinaloa, Mexico returned 228.55 m at 0.38% Cu / 0.49% CuEq (including 64.86 m at 0.53% Cu / 0.69% CuEq) in hole S022 and 212.33 m at 0.34% Cu / 0.44% CuEq in S023; S024 intersected intermittent mineralization confirming the western Inferred resource limit. Phase 2 has drilled 3,606 m in 14 holes, with four holes at the laboratory. A Pre-Feasibility Study is targeted for Q2/Q3 2027.
Hole 26MN-071 returned 2.68 g/t gold over 11.34 m from 0.76 m, including 6.54 g/t gold over 3.41 m from 8.69 m, along the Zanzibar Trend at the Manhattan District Project in Nevada, while 26MN-070 returned 0.69 g/t gold over 23.23 m from 4.05 m, including 1.61 g/t gold over 8.38 m from 18.9 m. The five step-out holes reported lie outside the current Inferred Resource Constraining Pit. Assays remain pending from 9 holes totalling 2,660 m.
A minimum 10,000-metre 2026 drill program has begun with two diamond drills at the Treaty Creek gold-copper-silver project in British Columbia's Golden Triangle. Phase One targets the CBS Zone with 2,000 metres, following CBS-21-02 which returned 0.78 g/t gold and 2.34 g/t silver over 155 metres, including 1.24 g/t gold and 4.35 g/t silver over 53 metres. Phase Two allocates 8,000 metres to the Perfectstorm Zone. Drilling is expected to run through late September/early October.
Infill drilling at the Altar copper-gold project in San Juan, Argentina returned 1,339.30 m of 0.45% CuEq from 12 m depth in hole ALD-26-173EXT, including 500 m of 0.71% CuEq from 326 m; other holes included 1,059.20 m of 0.51% CuEq, 1,198.00 m of 0.43% CuEq and 826.10 m of 0.54% CuEq with 98 m of 1.07% CuEq. The seven holes aimed to upgrade Inferred resource blocks to Measured and Indicated. An updated resource estimate incorporating more than 40,000 m of drilling is expected in Q3 2026, with a Pre-Feasibility Study in Q2/Q3 2027.
A fully financed $26 million, roughly 52,000 metre diamond drilling program is planned for 2026, comprising 50,000 metres at the Scottie Gold Mine Project 35 kilometres north of Stewart in British Columbia's Golden Triangle and 2,000 metres in the first drill program at the Cambria Property, running July to August. Scottie drilling will use seven rigs from June through October, focused on infill and expansion at the Blueberry Contact Zone, Scottie Gold Mine, Bend Vein and Domino. Work also includes a 107-hectare 3D IP survey, seven line-kilometre MT survey, 290 km² airborne LiDAR, and continued environmental baseline studies.
Drill results from the Golden Summit project in Alaska include 19.22 g/t Au over 24.7 m in GS2556 (including 115.85 g/t Au over 3.1 m), 33.71 g/t Au over 19.5 m in GS2558 (including 263.90 g/t Au over 2.4 m), 347.90 g/t Au over 1.4 m in GS2559, and 1.15 g/t Au over 167.7 m in GS2555 at Dolphin. Higher-grade corridors have been traced over more than 1.5 km along the Dolphin–Cleary–WOW trend, across widths of roughly 100–300 m. Six rigs are active, with about 50,000 m planned in 2026 ahead of an updated resource estimate and Pre-Feasibility Study.
Drill hole GBD-021 at the Lucky Strike Zone of the Gabbs Project on Nevada's Walker-Lane Trend returned 1.04 g/t gold and 0.35% copper over 53.34 meters from 60.96 meters, including 1.52 meters grading 183.0 g/t gold and 4.0% copper from 73.15 meters (uncapped); GBD-029 returned 0.88 g/t gold and 0.34% copper over 56.39 meters from 97.54 meters. Since October 2025, 67 RC holes have been drilled, 43 at Lucky Strike. An updated Mineral Resource estimate is expected in the third quarter of 2026, with a feasibility study in the fourth quarter of 2026.
Harp Gosal has been appointed Director of Capital Markets & Communications at King Copper Discovery Corp., which is advancing the Colquemayo copper-gold project in Peru. Gosal previously held investor relations and communications roles at NexGen Energy Ltd. and Founders Metals, and holds the Certified Professional in Investor Relations designation. The Board also approved the grant of 250,000 stock options to employees, exercisable at $1.15 per common share for five years, plus 100,000 restricted share units with a two-year vesting period expiring three years from grant.
A 37-hole deep auger program at the Maria Geralda target on the Antino Gold Project in southeastern Suriname returned 30.0 m of 4.64 g/t Au (MGAD041), 12.0 m of 10.57 g/t Au (MGAD059), 14.0 m of 7.52 g/t Au (MGAD056) and 15.0 m of 4.83 g/t Au (MGAD055), with 20 holes ending in mineralization at the 30 m auger limit. The data define a shoot plunging 56–60° west-southwest, with all mineralization in saprolite and bedrock untested. Founders is expanding the auger grid and plans diamond drilling in early Q4 2026.
Drilling at the Goldlund Deposit, part of the Goliath Gold Complex in northwestern Ontario, returned 15.21 g/t gold over 20.1 metres (including 497.00 g/t over 0.5 metres) in hole GL-26-007, 5.11 g/t over 21.8 metres in GL-26-014, 4.51 g/t over 21.9 metres in GL-26-012 and 1.34 g/t over 30.0 metres in GL-26-011. Results cover 5,816 metres in 14 holes infilling and expanding Zone 4. About 19,000 metres of the planned 25,000-metre program are complete.
An initial inferred mineral resource estimate for the Odienné Project in Côte d'Ivoire totals 32.4 Mt at 1.64 g/t gold equivalent for 1,707,000 oz AuEq, including 1,389,000 oz gold and 93,000 tonnes copper, with an effective date of April 1, 2026. BBM contributes 27.8 Mt at 1.52 g/t AuEq (1.36 Moz), Charger 1.6 Mt at 4.64 g/t AuEq (232 koz) and Empire 3.0 Mt at 1.23 g/t gold (119 koz). Awalé targets a PEA in Q3 2026 and a Pre-Feasibility Study in Q4 2027.
Drilling at the West Rim Zone at the Troilus copper-gold project in northcentral Quebec returned 2.92 g/t AuEq over 19 m, including 7.82 g/t AuEq over 5 m from 99 m in hole WR-26-016, and 1.97 g/t AuEq over 20 m, including 5.96 g/t AuEq over 6 m, in WR-26-019; WR-26-023 returned 0.71 g/t AuEq over 26 m. All intercepts lie outside the current resource estimate and within 200 metres of the North Reserve Pit. Assays remain pending for several holes, with a second phase of 2026 drilling planned.
Final assays from the 2025 drilling program at the Duparquet Gold Project in Quebec's Abitibi region include 15.14 g/t Au over 5.0 m, including 73.40 g/t over 1.0 m, and 1.88 g/t Au over 16.9 m in North Zone hole DUP25-056, and 6.18 g/t Au over 2.95 m in South Zone hole DUP25-061. At the Minuit target, DUP25-070 returned 9.87 g/t Au over 2.75 m and DUP25-076 returned 5.53 g/t Au over 5.3 m. The 2025 campaign totalled 44 holes over 16,576.5 m.
Drill hole GL 26-74 at the Golden Lake Zone of the 100%-owned Juby Gold Project near Gowganda, Ontario, returned 109.6 m of 0.69 g/t gold, including 23.4 m of 1.24 g/t and 6.3 m of 2.47 g/t, while GL 26-76 returned 174.65 m of 0.35 g/t gold, including 21 m of 0.65 g/t and 3 m of 3.11 g/t. The gold mineralized envelope now extends over 750 metres along strike, with about 7,500 m drilled of a planned 13,000 m. An updated resource statement is planned for June, and a 50,000-tonne bulk sample in 2027.
Infill drill hole RH26C-387 at the Richmond Hill Oxide Heap Leach Gold Project in South Dakota returned 1.49 g/t gold and 8.13 g/t silver over 38.1 meters, while RH26C-398 returned 1.35 g/t gold and 34.54 g/t silver over 28.2 meters starting 7 meters below surface. The 2026 campaign comprises 15,481 meters in 109 holes, with 13,718 meters in 92 holes completed and completion expected in Q3 2026. Results feed a pre-feasibility study due in the second half of 2026. Cash stood at $107 million as of March 31, 2026.
All required permits have been secured to begin exploration drilling across five target areas at the Prospect Mountain Mine Complex in Eureka County, Nevada. The property lies in the Eureka mining camp along the Battle Mountain/Eureka gold trend. North Peak Resources trades on the TSX Venture as NPR and on the OTCQB as NPRLF.
Resource updates and study results
A maiden inferred mineral resource estimate of 6.5 Mt grading 1.02% antimony and 1.06 g/t gold, containing 67,000 tonnes of antimony and 222,000 ounces of gold, has been filed on SEDAR+ in an NI 43-101 technical report for the 100%-owned Trojárová antimony-gold project in western Slovakia. Prepared by SLR Consulting (Canada) Ltd. with an effective date of April 6, 2026, it uses a 0.8% SbEq cut-off, US$29,000/t antimony and US$3,000/oz gold, and incorporates 53 diamond drill holes totaling 7,167 m plus 202 m of underground chip samples.
Definitive agreements with Agnico Eagle Mines and Waratah Capital Advisors will each give the two investors an approximately 19.9% partially-diluted position in Wallbridge, injecting about C$56.0 million at C$0.092 per common share, a 15% premium to the 20-day VWAP on the TSX. Agnico Eagle is buying 243,927,966 shares for about C$22.4 million and Waratah funds 364,339,130 shares for about C$33.5 million. Proceeds are expected to fund a pre-feasibility study on the Fenelon project in Quebec, targeted for late 2027 or early 2028. A special meeting in Q3 2026 will seek approval for a 20:1 share consolidation and a name change to Sunday Lake Gold.
A pre-feasibility study on the Wawa Gold Project in northwestern Ontario is targeted for H1 2027, following the February 18, 2026 PEA showing an after-tax NPV5% of C$523 million, IRR of 99.7%, initial capital of ~C$51 million and payback under one year at US$3,500/oz gold. An over-subscribed financing closed May 13, 2026 for gross proceeds of $14.1 million will fund baseline studies and drilling. Approximately 10,000 metres of near-surface exploration drilling was completed, with results pending. The company was renamed RPX Gold Inc.
An updated NI 43-101 mineral resource estimate for the AurMac Project in Yukon, with an effective date of May 15, 2026, contains Indicated resources of 3.64 million ounces of gold (167.3 M tonnes at 0.68 g/t) and Inferred resources of 4.98 M oz (267.2 M tonnes at 0.58 g/t) at a 0.30 g/t cut-off. Indicated contained ounces rose 60% and Indicated grade 8% versus the 2025 MRE, incorporating 42,000 m from 178 drill holes. A Preliminary Economic Assessment is expected in the second half of 2026.
Technical reports filed this week
Week ahead new
Financings closing
Open rounds with a closing date on or after the week ending.
2 open rounds are past their closing date or have none; they are hidden here and need a status update.
Technical reports due
NI 43-101 s.4.2 gives issuers 45 days from announcing results to file. From the report-hunt pipeline.
Warrant radar new
1 tranche expiring within 90 days of May 22, out of 239 outstanding on record. Strike against the current price; proceeds assume full exercise.
| Company | Expires | Strike | Price | In / out of money | Max proceeds | From |
|---|---|---|---|---|---|---|
| Kuya Silver CorpKUYA | Jun 19 | $0.64 | $0.900 | +40.6% | $3.3M | Private Placement of Jun 20 · Warrant radar ↗ |
Corporate
Applications have been filed for three mineral concessions covering approximately 230 square kilometres (23,000 hectares) in western Bolivia. Two concessions form the San Cristobal East project, adjacent to the San Cristobal silver-lead-zinc mine, while the third forms San Cristobal South, adjacent to San Cristobal Mining's Isidorito silver prospect; the projects lie within 5 and 6 km of those operations respectively. Exploration crews will mobilize in June for rock and soil sampling, mapping and possible ground geophysics, with an airborne geophysical survey planned.
Applications have been filed for three mineral concessions covering roughly 230 square kilometres (23,000 hectares) in western Bolivia, forming the San Cristobal East project, adjacent to the San Cristobal silver-lead-zinc mine, and the San Cristobal South project, adjacent to San Cristobal Mining's Isidorito silver prospect. The projects lie within 5 km and 6 km of the mine and Isidorito respectively, along the Uyuni Fault System. Crews mobilize in June for rock and soil sampling, mapping and possible ground geophysics, with an airborne survey planned.
A strategic alliance and joint venture framework agreement has been signed with Amaar United Mining Company to jointly pursue mining license opportunities in Saudi Arabia, including future license auction rounds, with any awarded licenses advanced through a 50/50 joint venture. For the first aggregate US$10 million of approved post-award work-program funding, Power Metallic will contribute US$2.5 million and Amaar Mining US$7.5 million, with further funding split 50/50. Power Metallic would act as technical lead and proposed operator, following its Jabal Baudan license award.
A definitive agreement with SOQUEM Inc. covers 27 claim blocks (1,635 claims) forming the Northern Nickel Corridor Project in the Eeyou Istchee James Bay region of Quebec, under which SOQUEM can earn up to a 60% interest by incurring $11,000,000 in exploration expenditures and paying $350,000 in cash. An initial 50% interest is available over 3 years for $5,000,000 in expenditures and $200,000 in payments, with the first $2,000,000 a firm commitment. A high-resolution magnetic-electromagnetic heliborne survey is planned for 2026, followed by field target validation.
The acquisition of Nuevo Silver Inc. has closed, with Silverco Mining issuing 16,802,283 common shares to former Nuevo shareholders on a pro rata basis in exchange for all outstanding Nuevo shares. Nuevo, now a wholly-owned subsidiary, holds a 100% interest in the producing La Negra silver-lead-zinc-copper mine in Querétaro, Mexico, currently operating at 55% of its 2,500 tonne per day capacity. Silverco plans a 15,000–20,000 metre drill program and targets a resource estimate and mine plan in H2 2026.
Most researched new
Themes
Gold dominated capital allocation this week, with 34 of 56 financings totaling $726,337,896.08 directed to gold-focused companies, reinforcing its continued primacy in junior mining fundraising despite a -0.7% spot price decline on the week.