Junior Mining Intelligence · Friday snapshot
GoldVenture Weekly
Week ending June 26, 2026 · 397 companies tracked, 355 priced
Lithium led all commodity declines for the week ending 2026-06-26, falling -9.11% to $22,460.49/T, while silver dropped -8.87% to $58.97/oz — both extending four-week downtrends. Junior equities broadly retreated, with top movers posting losses between -13.33% and -33.33% against a backdrop of 58 material releases and zero financings recorded in the period. Drill results were the dominant catalyst class among the week's notable movers, appearing in two of the five top developments.
What changed: breadth 19.7% up vs 42.1% last week; median -4.5% vs 0.0%; 11 deals for $39.8M vs 4 for $13.1M; 63 material releases vs 66.
Top developments
TUNG shed -13.33% with no material release in window — move appears technical.
VLI fell -33.33% with no material release in window — move appears technical.
MEK declined -18.18% despite releasing drill results on 2026-06-25 reporting 40.61 g/t gold over 2.6 meters at its Ogden Gold Project, suggesting the market viewed the intercept width as insufficient to support the prior valuation. Release ↗
CRI dropped -28.57% with 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% | 218 | -4.0% | 20.6% | -1.61% | GPG +33.3% · NCAU -33.3% | |
| Copper last wk +0.9% | 42 | -5.6% | 23.8% | -2.21% | RKR +12.5% · VLI -33.3% | |
| Silver last wk -4.5% | 24 | -4.5% | 8.3% | -8.87% | HAN.V +16.7% · VIPR -33.3% | |
| Lithium last wk 0.0% | 12 | -7.6% | 8.3% | -9.11% | APX +11.1% · LIFT -18.7% | |
| Nickel last wk 0.0% | 7 | -5.6% | 0% | no quote | GT 0.0% · NNX -22.2% | |
| Uranium last wk +4.8% | 6 | -7.8% | 0% | -0.70% | ABA.V 0.0% · LAM -18.8% |
By exchange: CSE 26.1% up, median -1.4% (n=46) · TSX 17.4% up, median -4.1% (n=46) · TSXV 19.1% up, median -5.0% (n=262)
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 |
|---|---|---|---|---|---|---|---|---|
| Metallic Minerals Corporation MMG Copper | Bought Deal | $10.3M | $0.28 mkt $0.20 | +43.6% | 17.2% | $0.40 to Jun 22 | Jun 22 | closed |
| Coyote Copper Mines Inc. Copper | Private Placement | $8.5M | $0.25 mkt — | — | — | $0.50 to Jun 26 | Jun 23 | closed |
| Firefox Gold FFOX Gold | Private Placement | $6.7M | $0.60 mkt $0.49 | +21.2% | 22.4% | $0.90 to Jun 25 | Jun 25 | closed |
| Coppernico Metals Inc. COPR Copper | Private Placement | $5.5M | $0.35 mkt $0.33 | +6.1% | 9.7% | $0.50 to Jun 26 | Jun 26 | closed |
| Harvest Gold Corporation HVG Gold | Private Placement | $3.2M | $0.05 mkt $0.04 | +11.1% | 35.3% | $0.09 to Jun 22 | Jun 24 | closed |
| Aurania Resources ARU Gold | Private Placement | $1.3M | $0.18 mkt $0.18 | -2.7% | 5.3% | $0.35 to Jun 6 | Jun 25 | closed |
| Searchlight Resources SCLT Gold | Private Placement | $1.1M | $0.10 mkt $0.12 | -16.7% | 27.1% | $0.15 to Jun 25 | Jun 26 | closed |
| Centurion Minerals Ltd. CTN Gold | Private Placement | $1.0M | $0.05 mkt $0.07 | -30.0% | 48.4% | $0.10 to Jun 22 | Jun 23 | closed |
| Xali Gold Corp. XGC Other | Private Placement | $1.0M | $0.25 mkt $0.25 | 0.0% | 2.4% | none | Jun 24 | closed |
| WHYResources WHY Gold | Private Placement | $880K | $0.30 mkt $0.33 | -9.1% | 2.4% | $0.45 to Jun 22 | Jun 24 | closed |
| Red Metal Resources Ltd. RMES Gold | Warrant Exercise | $353K | $0.08 mkt $0.10 | -15.8% | 7.7% | none | Jun 23 | 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.
| New Break Resources Ltd.NBRK | 6 buys · 3 insiders | +C$88K |
| 55 North Mining Inc.FFF | 1 buy · 1 insider | +C$2,065 |
Net sellers
Open-market sales; option exercises followed by a sale count only for the sale.
No net insider selling this week.
Source: SEDI filings as published by TMX Money. Full board at /insiders.
Drill and discovery board new
Drill results
Hole TX-26-02 at the Traxxin Project, 130 km west-northwest of Thunder Bay, Ontario, returned 100.7 g/t gold over 2.95 meters, including 476 g/t gold over 0.6 meters, from a quartz vein with visible gold on the east side of the Traxxin Main Zone. The hole also cut a shear-fracture zone from 62.88 to 66.06 meters with gold anomalies of 40 to 157 ppb from 62.0 to 64.66 m. The two-hole, 483-meter spring program included TX-26-01, with results pending.
First assay results from underground and surface channel sampling at the Pico Machay Gold Project in Central Peru returned 2.22 g/t gold over 45.1 m from UG Channel 1, including 4.17 g/t over 20.0 m; 1.49 g/t over 41.1 m from UG Channel 3 NS, including 3.44 g/t over 8.0 m; 4.41 g/t over 13.7 m from UG Channel 3 EW, including 6.45 g/t over 6.5 m; and 2.28 g/t over 40.0 m from Surface Channel 2. Results cover 51 of 197 samples, with the remainder expected in coming weeks to support a resource update and PEA.
Initial results from a reverse circulation infill drill program at the Goldboro Gold Project in Nova Scotia returned 61.22 g/t gold over 12.0 m from 18.0 m in hole RC-26-073, including 685 g/t over 1.0 m, plus 5.85 g/t over 13.0 m in RC-26-037, 3.72 g/t over 13.0 m in RC-26-060 and 4.02 g/t over 11.0 m in RC-26-009. The results cover 3,265 m from 82 holes within a program of up to 30,000 m in 600 holes, over 65% complete. An updated Feasibility Study is expected in Q3 2026, with an investment decision later this year.
Surface rock chip sampling at the Esperanza copper-gold project in southern Peru returned up to 7.8 g/t gold and 27.7 g/t silver from a single vein sample, with multiple samples above 0.2 g/t gold and 1 g/t silver. A drone-based magnetic survey extended 1.5 km further south expanded the target to approximately 5 km x 2.5 km. A maiden 3,000-metre drill program is in permitting, with drilling expected to begin in August 2026.
Drill results from the Ana Paula project in Guerrero, Mexico included 99.8 metres grading 10.90 g/t gold from 50.5 metres (including 77.5 m at 12.94 g/t) in the High Grade Panel, 49.6 metres at 2.88 g/t from 539.4 metres in the Expansion Zone, and 21.6 metres at 10.38 g/t from 127.0 metres north of the panel. Heliostar has completed 95 holes and 32,678 metres of its 35,000 metre 2025-26 program, with the Feasibility Study due Q2 2027 and an update in Q3 2026.
Winter drill hole TH-26-04 at the Thundermine target on Nuvau's 100%-owned Matagami Mining Camp property in northern Québec returned 5.28 g/t Au over 6.10 m, including 7.22 g/t Au over 3.1 m, within a broader 45.90 m interval of 0.24 g/t Au (including 0.40 m at 6.02 g/t), about 200 m below historical gold intercepts. The hole also cut Matagami-style VMS alteration and stringer mineralization, with base metal assays pending. Diamond drilling is scheduled to resume in early July.
Drilling in the Joss area of the Beartrack-Arnett Project in Idaho returned 2.37 g/t gold over 147.2 meters drilled width in hole BT26-254D, including 14.9 g/t over 5.9 meters and 9.3 g/t over 4.7 meters, extending drilled mineralization about 240 meters deeper to roughly 850 meters below surface. Other holes returned 4.0 g/t over 6.8 meters (BT26-253D) and 4.5 g/t over 4.1 meters (BT26-251DA). The 2026 program totals about 5,500 meters; four holes remain pending.
Exploration has begun at the 100%-owned Kili Teke copper-gold project in Hela Province, Papua New Guinea, on Exploration Licence 2310, following community awareness meetings in Tari in late April and early May 2026 and endorsement from landowners, the Hela Provincial Government, Koroba-Kopiago District and Awi-Logayu Local Level Government. The project hosts an NI 43-101 Inferred Resource (effective 18 November 2022) of 237 Mt at 0.24 g/t Au and 0.34% Cu, containing 1.81 Moz Au, 802 kt Cu and 40 kt Mo, or 4.2 Moz AuEq. The staged programme starts with mapping, soil geochemistry, ground magnetics and trenching, with drilling last.
Fifteen holes totaling 3,203 metres have been completed so far in 2026 at the ML Project, Yukon, including 12 holes for 2,591 metres at the TESS-North Vein target on 25 m step-outs and three holes for 612 metres testing IP anomalies about 200 m west. Two rigs are drilling and a third is expected June 27th, with the planned 25,000 m program running about four months from its May 24th start. Samples are at the lab, with initial assays expected in the coming weeks.
Drill hole TOG-26-75 at the Ogden Gold Project south of Timmins, Ontario returned 40.61 g/t gold over 2.60 m (326.60–329.20 m), including 152 g/t gold over 0.60 m with visible gold, within a broader intercept of 8.43 g/t gold over 13.25 m; a footwall felsic dike returned 0.58 g/t gold over 7.95 m. The hole was part of a completed three-hole, 1,233 m program targeting the lower Thomas Ogden Zone fold structure. Ogden is a 50/50 joint venture with Discovery Mining Ltd., with Metals Creek as operator. Assays for the two remaining holes are pending.
Visible chalcopyrite mineralization has been observed in two step-out holes at the Moby Dick copper-gold discovery, part of the Crippleback area at the Treasure Island Project in Central Newfoundland. PGC-26-118, 100m west of PGC-26-068, showed chalcopyrite over intervals including 295.9m to 403.1m, while PGC-26-120, 1700m east, showed intervals including 124.0m to 215.3m, extending drill-defined copper mineralization to 1,800m of strike. Assays are pending; visual observations are not indicative of grade. Two rigs are active as part of a 50,000m program.
Hole B26C-038 at the Brewer Gold-Copper Project in Chesterfield County, South Carolina returned 60 meters of 681 ppm Cu and 0.24 g/t Au from 1,027 meters and 68 meters of 470 ppm Cu and 0.15 g/t Au from 936 meters, with individual 2-meter samples up to 0.15% Cu and 0.68 g/t Au. Drilled to 1,374 meters, it is the first hole at Brewer to intersect copper-gold mineralization below the lithocap. Results for Hole 39 are pending. OceanaGold has met its US$1.5 million Q2 2026 spending commitment.
Initial results from a 2025 VTEM Plus airborne geophysical survey flown by Geotech over the Don Lake (1,671 ha) and Smitty (2,384 ha) uranium projects near Uranium City, Saskatchewan identified magnetic highs and lows parallel to the regional Black Bay Fault, an EM conductivity high at Don Lake associated with the Zone A, Zone B and Hawker Trench occurrences, and conductor highs at the historic Smitty mine and in the property's western part. Condor Consulting interpretation is nearing completion and will guide summer fieldwork and Q3/Q4 2026 drill targeting. Partner Xcite can earn up to 80% in the six Uranium City projects.
Drilling at the Wenot deposit on the 100%-owned Omai Gold Project in Guyana returned 7.26 g/t Au over 34.8m in hole 26ODD-185, including 19.94 g/t Au over 2.5m and 54.05 g/t Au over 1.5m, with the same hole intersecting 15 discrete gold zones, plus 2.96 g/t Au over 14.3m in hole 26ODD-183 and 2.47 g/t Au over 9.6m in hole 26ODD-184. Five rigs are working on a 50,000m 2026 program, with 58 holes totalling 27,770 metres completed to date. An updated PEA is estimated 4 to 6 weeks away.
A non-brokered private placement has closed, raising aggregate gross proceeds of $750,000. The release is dated July 24, 2026 from Montreal, issued by Harfang Exploration Inc. (TSXV: HAR). No further details of the offering terms are provided in the available text.
Drilling at the Prince Silver Project in the Pioche Mining District, Lincoln County, Nevada returned 15.24 metres grading 2.41 g/t gold, 68.5 g/t silver, 0.63% Mn, 1.98% Pb and 0.66% Zn from 259.08 metres in hole PRC-44, while PRC-47 returned 30.48 metres of 39.4 g/t Ag, 11.87% Mn, 2.36% Pb and 1.42% Zn from 88.39 metres, and PRC-50 returned 3.05 metres of 131.5 g/t Ag. With assays from 25 of 30 holes, the 9,000-metre RC program will be extended by at least 10 holes; hole PRC-49 did not reach target depth and will be replaced. A maiden NI 43-101 resource estimate is targeted for year-end 2026.
Hole 26MN-096 at the Black Mammoth area of the Manhattan District Project in Nevada returned 2.56 g/t gold over 13.38 m from 293.28 m, including 8.38 g/t gold over 3.84 m from 298.95 m, hosted within Manhattan Caldera volcanic tuff units. Hole 26MN-092 returned 0.57 g/t gold over 17.98 m from 157.28 m, 0.83 g/t gold over 18.01 m from 277.68 m and 8.10 g/t gold over 1.52 m from 450.35 m. Both 50 m step-outs were drilled more than 230 m beyond the inferred resource constraining pit. Assays remain pending from 19 holes totalling 4,738 m.
Drillhole CDH009 at the Cobrasco Project in Chocó, Colombia returned 502m at 0.40% Cu, 73ppm Mo and 1.22g/t Ag from 38m, including 388m at 0.44% Cu, 36ppm Mo and 1.28g/t Ag from 38m and 186m at 0.50% Cu, 22ppm Mo and 1.48g/t Ag from 38m. The hole was drilled northwesterly to 954m, extending the Cobrasco Central footprint to roughly 1,200m by 550m. Assays for CDH010 and CDH011 are pending and a second drill rig is being mobilized.
Drilling at the Upper Antino target area of the Antino Gold Project in southeastern Suriname returned 53.1 m of 1.21 g/t gold from surface in hole FR217, a new discovery 1.2 km west of Upper Antino targeted on geophysical and auger geochemical anomalies. Hole FR230 intersected 9.0 m of 12.21 g/t gold from 408.0 m and 37.0 m of 3.27 g/t gold from 209.0 m. FR225 returned 33.0 m of 2.15 g/t gold from 85.0 m and FR219 returned 3.0 m of 29.17 g/t gold.
Drill hole CC-26-002 at the Copper Creek target on the Star Project in northwestern British Columbia was extended to 279 m from a planned 200 m depth (azimuth 045°, dip -65°) after intersecting continued alteration and sulphide mineralization below the target horizon. The hole tested an IP chargeability anomaly coincident with copper-gold soil anomalies, with chalcopyrite logged in discrete zones including 140.5–151.0 m and 157.9–163.1 m. Assays are pending; further drilling and 3D IP and MT surveys are planned.
Surface drillhole CMRY-26-10 at the El Rey zone of the Campo Morado polymetallic VMS mine in Guerrero State, Mexico returned 28.4 m of 2.28 g/t Au, 134.89 g/t Ag, 0.57% Cu, 0.95% Pb and 3.69% Zn from 104.2 m, including 9.7 m of 4.09 g/t Au, 208.99 g/t Ag, 0.74% Cu, 1.33% Pb and 5.05% Zn. In the unmined Naranjo zone, CMUG-26-44 cut 19.6 m of 2.78 g/t Au, 103.12 g/t Ag, 0.52% Cu, 0.67% Pb and 2.75% Zn from 40.5 m. Drilling totals 12,035 m underground in 52 holes and 16,535 m from 68 surface holes.
Inaugural assay results from eleven diamond drill holes (3,142.0m) completed in the 2026 winter program at the Preview South West deposit, part of the Contact Lake Gold Project in northern Saskatchewan, include hole PR26004 at 1.32 g/t gold over 132.0m from 22.00m, including 2.85 g/t over 40.32m and 101.00 g/t over 1.00m; PR26006 returned 1.53 g/t over 51.00m from 275.00m and PR26007 1.08 g/t over 77.59m. A summer program of over 20,000m has commenced, with roughly $26 million in cash.
CEO Len Brownlie will appear in a live interview hosted by Andrew O'Donnell of The Market Mindset on Wednesday, June 24, 2026 at 12:00 PM ET / 9:00 AM PT, streamed on YouTube with a recording available at the same link afterward. Topics include the maiden drill program at the Excalibur copper/gold porphyry target, follow-up drilling at the Camelot copper/gold porphyry discovery, and geophysics and remote sensing at the Castle target to define 2027 drill targets.
Drilling at the Mirado Project, 20 km southeast of Kirkland Lake, Ontario, returned 79.63 g/t Au over 2.1 m (including 184.04 g/t Au over 0.8 m) and 53.46 g/t Au over 1.4 m in hole KLM26-010, drilled about 120 m south of previously known mineralization. KLM26-011, collared 100 m west of KLM26-004, intersected 0.98 g/t Au over 62.3 m from 189 m, and North Zone hole KLM26-008 returned 1.88 g/t Au over 5.1 m. A second drill and a prospecting program have started.
Assay results from eleven additional holes of the 2026 winter drill program at the Yellorex zone on the Con Mine Option property near Yellowknife, NWT, include hole GTY26-22 with 5.88 g/t gold over 19.00 metres from 268 metres, including 18.50 g/t over 4 metres and 27.60 g/t over 2 metres; GTY26-011 returned 2.18 g/t over 26.1 metres and GTY26-018 returned 19.39 g/t over 3.5 metres from 67 metres. Gold Terra's option with Newmont runs to November 21, 2027. An updated resource estimate is planned for Q3 2026 and a PEA for year-end 2026.
Assay results from six drill holes (DDRCCC-26-122 to 127) at the Blackjack deposit, RC Gold Project, Yukon, include hole 125 with 94.5 m of 1.62 g/t Au, including 2.0 m of 11.85 g/t Au, plus a separate 197.0 m of 1.06 g/t Au including 2.0 m of 9.95 g/t Au; hole 123 returned 214.5 m of 0.97 g/t Au and hole 126 returned 153.1 m of 1.33 g/t Au. About 17,600 m in 30 holes has been drilled this year under a planned 60,000 m program, with six rigs operating.
Winter 2026 drill results from the Lion Zone at the Nisk Project Area in Quebec include hole PML-26-115, which cut 13.30 m at 3.98% CuEqRec 25 m below surface, including 3.77 m at 9.36%, and hole PML-26-105, which cut 5.26 m at 8.45% CuEqRec about 140 m below surface. Hole PML-26-106 returned 7.00 m at 2.84% CuEqRec. Infill holes delimited Lion's western edge, with some low-grade assays up to 0.57% Cu and 1.22 g/t Pd. Mineral resource estimates for Lion and Nisk are scheduled for end of July, followed immediately by a PEA.
Drilling 1.2 km west of Upper Antino at the Antino Gold Project in southeastern Suriname returned 53.1 m of 1.21 g/t gold from surface in hole FR217, a new discovery targeted by geochemical and geophysical anomalies, with along-strike follow-up drilling underway. At Upper Antino, hole FR230 intersected 9.0 m of 12.21 g/t gold from 408.0 m (about 320 m vertical depth) and 37.0 m of 3.27 g/t gold from 209.0 m. Other results included 3.0 m of 29.17 g/t gold from 101.0 m (FR219) and 33.0 m of 2.15 g/t gold from 85.0 m (FR225).
The first two holes of a 25,000-foot surface diamond drilling program at the Rainbow Block Project in Butte, Montana returned intercepts including 7.0 feet at 16.10 opt Ag in the Silver City Vein, 11.9 feet at 11.23% Zn with 9.38 ppm indium, and 3.8 feet at 7.90% Zn with 86.7 ppm indium in the Badger Vein. SBM26-01 and SBM26-02 totalled about 2,065 feet and stepped out 640 to 2,270 feet beyond the inferred Mineral Resource Estimate boundary. Two additional drill rigs have been mobilized.
Drilling at the Golden Lake Zone of the 100%-owned Juby Gold Project west of Gowganda, Ontario returned 155 m of 0.59 g/t gold in hole GL26-84, including 75.8 m of 0.70 g/t Au with 3.0 m of 1.91 g/t and 3.5 m of 1.80 g/t; hole GL26-85 returned 92.7 m of 0.64 g/t Au, and infill hole GL26-77B returned 47.0 m of 0.70 g/t Au including 13.1 m of 1.92 g/t. An updated mineral resource estimate by BBA E&C Inc., delayed about two weeks to add a drill hole, is expected in three to four weeks, with a PEA planned later this year.
Diamond drilling has begun at the Stavaträsk gold project in the Skellefteå district of northern Sweden, with the first hole collared twelve days after the 10 June 2026 deal announcement. The initial program is 6 to 8 holes averaging 120 to 200 metres for approximately 1,000 metres, with a second 1,000-metre program planned after initial assays are reviewed within 2-4 weeks. Drilling tests surface mineralization over a 650 m strike, where outcrop returned up to 93 g/t Au and 24 g/t Ag.
The exploration season is complete at the 100%-owned Sobek copper-gold-silver project in Chile's Vicuña District, 7 km west of Filo del Sol and 3 km southwest of NGEx's Lunahuasi. Second drill hole S46-DDH-002, collared 300 m south of S46-DDH-001 at the 46 South target, returned anomalous intervals including 4.50 m at 0.07 g/t gold, 223 ppm copper and 22 ppm molybdenum from 21.50 m, and 3.72 m at 0.16 g/t gold from 116.80 m. Reinterpreted IP-PDP geophysics has elevated the VN-Zone to a high-priority drill target.
Resource updates and study results
An NI 43-101 technical report has been filed for the 100%-owned Sherridon copper-zinc-gold-silver project in west-central Manitoba, supporting the resource estimate announced May 7, 2026, with an effective date of April 22, 2026. Indicated resources total 10.04 Mt at 0.39% Cu, 0.83% Zn, 0.30 g/t Au and 4.75 g/t Ag (1.0% CuEq), with inferred resources of 18.15 Mt at 1.08% Cu, 1.00% Zn, 0.27 g/t Au and 7.05 g/t Ag (1.7% CuEq) across four VMS deposits: Bob, Cold Lake, Lost Lake and Jungle.
Tetra Tech Canada Inc. has been engaged to conduct an independent review of the existing Preliminary Economic Assessment for the Kenbridge Nickel-Copper-Cobalt Project near Sioux Narrows in the Kenora Mining District of Northwestern Ontario, and to deliver a Goal-Actual-Plan Analysis identifying work required to advance the project to Pre-Feasibility Study level. The review will assess the quality and completeness of the PEA, identify gaps relative to PFS requirements, and recommend a staged work program with cost and time estimates, based on the NI 43-101 technical report dated August 26, 2022.
A pre-feasibility study for the Enchi Gold Project in Ghana outlines an open pit operation with milling and CIL processing at 5.5 Mtpa, showing an after-tax NPV5% of $647 million and 45% IRR at $4,200/oz gold, and $496 million and 37% at $3,800/oz. Initial capital is $351 million, with 953,350 payable ounces over a 9.3-year mine life, averaging about 104,000 ounces annually and LOM AISC of $2,290/oz. Newcore plans to apply for a mining lease this year.
An updated NI 43-101 technical report for the Gaocheng (GC) silver-lead-zinc mine in Guangdong Province, China, prepared by SRK Consulting China with an effective date of December 31, 2025, estimates Measured and Indicated Resources of 18.3 Mt at 65 g/t Ag, 0.91% Pb and 2.24% Zn, and Proven and Probable Reserves of 6.2 Mt at 63 g/t Ag, 0.91% Pb and 2.23% Zn, containing 12.5 Moz Ag. Reserve tonnes rose 25% versus the 2024 report. Post-tax NPV at an 8% discount rate is $101.4 million.
Phase 1 metallurgical testwork on the Wenot and Gilt deposits at the 100%-owned Omai Gold Project in Guyana returned gold extraction averaging 93% at a head grade of 1.0 g/t Au and up to 95% at 3.2 g/t Au, at a grind size of 80% passing 75 microns, with a 32-hour retention time selected for initial design. SGS Canada tested 72 composite samples totalling 558 kilograms; no organic carbon, tellurides or antimony were identified. A PEA is expected in the next 4 to 6 weeks.
Technical reports filed this week
Week ahead new
Financings closing
Open rounds with a closing date on or after the week ending.
3 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
0 tranches expiring within 90 days of Jun 26, out of 238 outstanding on record. Strike against the current price; proceeds assume full exercise.
No tranches expire in the next 90 days.
Corporate
Conditional approval was received from the Government of Canada for up to $50 million to support construction of the NICO project access road in the Northwest Territories, through a joint venture between Fortune Minerals and the Tłı̨chǫ Government. Natural Resources Canada's First and Last Mile Fund will reimburse 75% of costs up to $50 million for the 51-kilometre road connecting the NICO cobalt-gold-bismuth-copper mine to the NWT highway system near Whatì. The Tłı̨chǫ Government will also receive $200,000 for community engagement and a Traditional Knowledge study.
Benton will purchase a 100% interest in additional claims from arm's-length prospectors Herb and April Froude, adding 3 licences totalling 36 claim units adjacent to its Dominion Lake Project in Newfoundland, for a one-time cash payment of $3,000 and 20,000 common shares, subject to regulatory approval. Crews have been working for the past three weeks on prospecting and soil sampling, with trenching to begin shortly. Targets include Bear #3 (grabs up to 10.8 g/t Au), Rickirb (6.41 g/t Au) and Trinity (14.6% Zn).
A binding call option agreement dated June 23, 2026 with Stornoway Diamonds (Canada), 11272420 Canada and monitor Deloitte Restructuring gives LIFT an exclusive option to acquire the Renard diamond mine, processing facility and infrastructure in Eeyou Istchee James Bay, Québec, or the shares of Stornoway or 1127 Canada, subject to Superior Court of Québec approval under the CCAA at a July 2, 2026 hearing. LIFT pays a C$12 million option fee and has two years to exercise for C$1.00.
Four additional claims have been acquired in the Turtle Pond Area, Northwestern Ontario, about 40 km south of Dryden and 70 km east of the Kenbridge Nickel-Copper Deposit, bringing the wholly owned property to 170 staked units covering 3,564 ha and hosting the historical Glatz, Double E and Night Danger nickel-copper showings. Historical results include hole EE-09-02 with 4.2 metres of 0.81% Ni, 0.52% Cu from 25.5 metres, and ND-10-1 with 4.53% Ni over 0.7m at 57.5m. A 2026 program of trail and access work, geological mapping and surface sampling is planned, with potential diamond drilling in 2026-27.
Most researched new
Themes
Drill-result releases drove the only identifiable price catalysts among top movers this week, yet MEK's -18.18% decline on a 40.61 g/t result underscores that narrow intercept widths are currently insufficient to offset broad sector selling pressure.