Junior Mining Intelligence · Friday snapshot
GoldVenture Weekly
Week ending August 7, 2026 · 397 companies tracked, 353 priced
Silver led precious metals this week with a 10.14% gain to $63.43/oz, while gold advanced 7.36% to $4,341.20/oz and palladium rose 7.61% to $1,357.00/oz, all sustaining four-week uptrends; cobalt was the notable decliner, falling 7.43% to $49,557.65/MT. Among juniors and mid-tiers tracked, New Pacific Metals (nuag) posted the largest weekly return at 36.21% with no identified catalyst, while ELR (+28.99%), DSV (+25.14%), and EQX (+28.66%) each moved on disclosed releases. Financing activity skewed heavily toward gold, which captured $45,386,530 of the $72,896,530 raised across 13 transactions, with drill results and corporate earnings/guidance releases representing the dominant catalyst class across 52 material releases in the window.
What changed: breadth 77.1% up vs 31.9% last week; median +10.7% vs -1.4%; 2 deals for $4.0M vs 6 for $81.1M; 56 material releases vs 61.
Top developments
ELR gained 28.99% after Eastern Platinum Limited announced on 2026-08-03 that it had secured an additional credit facility. Release ↗
DSV gained 25.14% following a 2026-08-05 release reporting positive drill results at key growth projects, with resource estimates for Dome and TVZ on track for late 2026. Release ↗
nuag gained 36.21% — no material release in window — move appears technical.
EQX gained 28.66% after a 2026-08-05 release reporting strong Q2 results, increased 2026 production guidance following completion of the Orla Mining merger, and a 50% increase to its quarterly dividend. Release ↗
FF gained 25.42% — no material release in window — move appears technical.
Sector cohorts new
| Cohort | n | Median move | Median | % up | Metal wk | Best · worst |
|---|---|---|---|---|---|---|
| Gold last wk -1.6% | 216 | +11.3% | 79.2% | +7.36% | RDG +45.5% · GLB -16.0% | |
| Copper last wk 0.0% | 42 | +10.6% | 71.4% | +1.23% | REDC +32.0% · RUSH -22.2% | |
| Silver last wk -2.9% | 24 | +19.7% | 91.7% | +10.14% | nuag +36.2% · AFF -16.7% | |
| Lithium last wk -4.7% | 12 | +2.6% | 50% | -0.06% | APX +33.3% · PMI -10.5% | |
| Nickel last wk -1.4% | 7 | +1.3% | 57.1% | no quote | NICN +31.3% · NNX -33.3% | |
| Uranium last wk -2.0% | 6 | +5.0% | 66.7% | -0.12% | ABA.V +26.3% · HLU -4.0% |
By exchange: CSE 71.7% up, median +8.4% (n=46) · TSX 93.5% up, median +20.4% (n=46) · TSXV 75% up, median +9.6% (n=260)
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 |
|---|---|---|---|---|---|---|---|---|
| Standard Uranium Ltd. STND Gold | Private Placement | $3.0M | $0.08 mkt $0.07 | +2.0% | 26.2% | $0.12 to Aug 28 | Aug 7 | closed |
| Standard Uranium Ltd. STND Gold | Private Placement | $965K | $0.10 mkt $0.07 | +33.3% | 6.4% | $0.15 to Aug 2 | Aug 4 | 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.
| Legacy Gold MinesLEGY | 2 buys · 1 insider | +C$57K |
| Red Metal Resources Ltd.RMES | 2 buys · 1 insider | +C$28K |
| Apollo SilverAPGO | 1 buy · 1 insider | +C$25K |
2 more net buyers this week on the insider board.
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$112K |
| Silver Tiger Metals Inc.SLVR.V | 1 sell · 1 insider | −C$19K |
Source: SEDI filings as published by TMX Money. Full board at /insiders.
Financial filings new
Filed this week
Statements and MD&A first seen in the window. Cash and working capital are read from the balance sheet of processed statements; a material-uncertainty flag means the auditor or the notes cast doubt on going concern.
No current-period filings this week.
Filings due
NI 51-102 deadlines within 30 days: 120 days after year-end for annual statements, 60 after quarter-end for interims.
Drill and discovery board new
Drill results
A non-brokered private placement for gross proceeds of up to $4 million was launched, comprising charity flow-through shares at $0.145 and non-flow-through shares at $0.10, with proceeds directed to exploration at the JD, Theory and Buck properties in British Columbia. Funds would support an additional 3,000 metres of drilling at the Schmitt Zone, bringing the 2026 JD program to 15,000 metres, with a further 2,000 metres expected at Creek and Finn. Closing requires TSX Venture Exchange approval; Eventus Capital Corp. is a finder.
A fully permitted and funded 9,000 metre diamond drill program in 6-8 holes will begin in late August 2026 at the Smart Creek Project in Montana, a joint venture with Rio Tinto, which retains 40% of the 8,000 hectare asset. Drilling comprises three 600m-800m holes at the Smart Creek Target and four at the Sunrise Mine Target, with first assays expected 6-8 weeks after start. The Company also granted options on 2,150,000 shares at $0.19, expiring August 6, 2031.
Drilling at the Stibnite Gold Project in Valley County, Idaho returned new high-grade gold, antimony and tungsten intercepts, including 21.3 meters of 3.2 g/t gold and 0.9% tungsten from 24 meters in the newly identified Clark Tunnel Fault Zone, 6.4 meters of 16.2 g/t gold and 1.7% antimony from surface, and 69.6 meters of 0.8 g/t gold at the Huckleberry Fault Zone. Results come from 8,340 meters of completed drilling; a minimum 10,000-meter 2026 program is underway with four rigs and about 5,800 meters done. Perpetua has submitted proposals for U.S. grant funding for tungsten work at Hangar Flats.
Drilling at the 100%-owned Golddigger Property in B.C.'s Golden Triangle returned 8.09 g/t AuEq over 16.00 m in hole GD-26-418, including 18.39 g/t AuEq over 6.75 m and 74.67 g/t AuEq over 1.10 m, plus a second interval of 4.42 g/t AuEq over 5.00 m extending the Bonanza Zone 100 m north. Hole GD-26-417 cut 0.52 g/t Au over 58.00 m, expanding Bonanza and Golden Gate 540 m southwest, and GD-26-425 returned 1.11 g/t Au over 17.20 m. 35 of 98 planned holes, totalling 19,931 m, are complete.
Underground drillhole CMUG-26-50 at the Largo Norte zone of the Campo Morado polymetallic VMS mine in Guerrero State, Mexico returned 183.7 m of 1.18 g/t Au, 72.42 g/t Ag, 0.39% Cu, 0.45% Pb and 1.67% Zn from 3.6 m, including 18.3 m of 2.64 g/t Au, 152.34 g/t Ag, 0.53% Cu, 1.05% Pb and 2.52% Zn. At the unmined Naranjo zone, CMUG-26-46 cut 90.6 m of 0.99 g/t Au, 40.07 g/t Ag, 0.94% Cu, 0.18% Pb and 0.73% Zn from 0.0 m, and surface hole CMNJ-26-02 cut 9.6 m of 4.05 g/t Au, 241.09 g/t Ag from 175.3 m. Luca also granted 1,725,000 options at C$1.00 and 1,962,500 RSUs.
A 4,500 to 5,000m diamond drill program in 12-15 holes of 350-400m each is planned for the Opinaca gold project in Quebec's James Bay region, following the 2025 maiden campaign that returned 13.88g/t Au over 3.65m in hole 25OPDD007 and 0.17g/t Au over 70.55m in 25OPDD004. Seven priority holes (2,900m) will test the Western zone, two holes (800m) the undrilled Eastern soil and HMC anomaly, with 1,300m reserved for follow-up. Kenorland Minerals is operator; drilling starts in the second half of August over 4-5 weeks, with assays expected in the fall.
Drilling at the Upper Antino target of the Antino Gold Project in southeastern Suriname returned 28.0 m of 14.27 g/t gold from 433.0 m (~340 m vertical) in hole FR249, a 50 m down-dip extension of FR175 (10.0 m of 5.90 g/t Au). FR249 cut four stacked sub-parallel shears between 285.0 m and 461.0 m, including 18.0 m of 1.04 g/t and 6.0 m of 1.62 g/t. Other holes returned 3.0 m of 6.06 g/t in FR231 and 56.0 m of 0.40 g/t in FR241.
The first four holes at the Perfectstorm Zone on the 80%-owned Treaty Creek Project in British Columbia's Golden Triangle identified a new copper-gold-silver-molybdenum porphyry system (PSP Zone) about one kilometre southwest of the Goldstorm Deposit. Hole PS-26-15 returned 4.59 g/t gold and 0.67 g/t silver over 10.50 metres from 105.00 metres, plus 0.24 g/t gold, 2.11 g/t silver, 0.21% copper and 50.76 ppm molybdenum over 82.90 metres. Hole PS-26-17 cut 0.78 g/t gold and 2.90 g/t silver over 74.15 metres, confirming epithermal continuity over 360 metres of strike.
The drill program undercutting previously announced surface gold intersections in the stripped area within the open pit footprint of the Parbec gold deposit in Québec's Abitibi region is 50% complete, with targeted lithologies visually observed in core and samples to be assayed. Results for channels CHNL-PAR-26-59 and CHNL-PAR-26-60 remain pending. A financing closed July 30, 2026 raised $186,000 through 4,799,996 flow-through shares at $0.03 and 1,400,000 units, with full warrants exercisable at $0.06 for 18 months.
REE-bearing monazite was visually identified in three of six diamond drill holes at the 100%-owned Alces Lake property in northern Saskatchewan, completing the 2026 summer program of 1,440.87 metres across Targets 1, 5 and 7. Intervals include 216 to 220 metres in 26-ALF-001, 71 to 78 metres and 84 to 90 metres in 26-RSC-002, and 202 to 214 metres in 26-RSC-004. A total of 274 core samples were sent to the Saskatchewan Research Council for REE analysis, with results pending. Three planned holes remain undrilled and ten additional targets identified.
Drilling at the 100%-owned Reid Nickel Sulphide Project, about 39 kilometres northwest of Timmins, Ontario, returned 1.01% nickel over 4.5 metres within 0.54% nickel over 43.5 metres within 0.29% nickel over 576.6 metres in hole REI26-92A, and 0.26% nickel over 801.4 metres in REI26-90B. The results are the first 2 of 9 holes in a program infilling previous sections. Canada Nickel also amended its Cochrane District claims acquisition, agreeing to pay $2,400 cash and issue 60,000 shares, with vendors retaining a 1.5% NSR.
Drilling at the Rodburn Target, Portsoy Project, NE Scotland returned 8.15m grading 0.77% Ni, 1.14% Cu and 0.05% Co, including 6.0m at 0.98% Ni, 1.51% Cu and 0.06% Co in hole RBD029, extending South Zone mineralization 100m down-dip. RBD030 cut 4m at 0.29% Ni and 0.18% Cu a further 100m down-dip, and downhole EM identified an untested conductor 100m east. At the North Zone, RBD028 intersected 3m at 0.98% Ni and 4m at 0.76% Ni within 16m grading 0.39% Ni, extending mineralization 100m west. The six-hole program totalled 1,235.6m.
Reverse circulation infill drilling at the Goldboro Gold Project in Nova Scotia returned 12.06 g/t gold over 6.0 metres from 44.0 metres (including 67.41 g/t over 1.0 metre) in RC-26-147 and 3.84 g/t over 18.0 metres from 30.0 metres in RC-26-102, from 72 holes totalling 3,420 metres in the West pit. The program has been expanded from about 30,000 metres to 40,000 metres and is roughly 62% complete, continuing into Q4 2026. NexGold will also issue 800,833 shares at $1.1939 to Sprott Streaming for a US$675,000 royalty payment.
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 metres, including 685 g/t over 1.0 metre, in hole RC-26-073, and 5.85 g/t gold over 13.0 metres in RC-26-037. The results cover 3,265 m from 82 holes within a program of up to 30,000 metres in 600 holes, over 65% complete. An updated Feasibility Study is expected in Q3 2026, with an investment decision later this year.
Drilling at the Santa Fe Mine Project in Nevada returned 12.2 metres (166.1–178.3m) grading 1.26 g/t Au Eq oxide (1.25 g/t Au, 0.8 g/t Ag) in hole CAL26-12R at Calvada East, with individual 1.5 metre samples up to 3.29 g/t Au. Hole CAL26-11R cut 13.7 metres grading 1.10 g/t Au Eq in Tertiary volcanic rocks along the Summit Fault, the first such intercept at the project. At Slab West, CAL26-13R returned 35.1m at 0.21 g/t Au Eq and CAL26-15R 18.3m at 0.22 g/t Au Eq. Results cover seven RC holes totalling 1,990 metres.
Drilling at the Santa Fe Mine Project in Nevada returned 12.2 metres (166.1–178.3m) grading 1.26 g/t Au Eq oxide (1.25 g/t Au, 0.8 g/t Ag) in hole CAL26-12R at Calvada East, with individual 1.5 metre samples up to 3.29 g/t Au. Hole CAL26-11R cut 13.7 metres grading 1.10 g/t Au Eq in Tertiary volcanic rocks along the Summit Fault, the first such intercept at the project. At Slab West, CAL26-13R returned 35.1m at 0.21 g/t Au Eq and CAL26-15R 18.3m at 0.22 g/t Au Eq. Results cover seven RC holes totalling 1,990 metres.
Drill hole TR26-39, one of the first two step-out holes into the newly acquired North Extension Zone at the Tombstone project in southeastern Arizona, returned 88.4 m averaging 1.42 g/t Au and 14.58 g/t Ag (1.69 g/t AuEq) from 10.7 m, including 6.1 m at 12.23 g/t Au and 56.28 g/t Ag. Contention Zone hole TR26-38 returned 97.5 m at 1.06 g/t Au and 16.08 g/t Ag from surface. Ninety RC holes are complete; assays for TR26-40 to TR26-50 are pending and drilling is expected to continue through at least September 2026, feeding a maiden resource estimate.
Drilling of 6,463 m in 14 holes at the Proserpine target, 7 km southeast of the Cariboo Gold deposit in central British Columbia, returned 95.93 g/t Au over 4.60 m at 71 m vertical depth (including 873.00 g/t Au over 0.50 m), 5.46 g/t Au over 8.60 m at 77 m depth, and 2.17 g/t Au over 14.45 m at 431 m depth. Known mineralization now covers about 1.0 km by 0.5 km. A further 26,500 planned metres are resuming with three rigs.
Drilling at the Gold Chain Project in Arizona returned 30.4 m of 2.31 g/t gold in core hole GC26-138 at the Tyro Main Zone, an interval bisected by a 2.8 m void interpreted as a pre-1920 adit, with 2.18 g/t Au over 7.7 m above and 2.36 g/t Au over 22.7 m below. Hole GC26-162 cut 59.5 m of 0.68 g/t Au. Results cover 18 holes totalling 4,304 m; drilling resumes mid-September and a Tyro maiden resource is targeted for late Q3 or early Q4.
Assay results from the first three Phase 1 drill holes at the 100%-owned Ishkōday Gold and Polymetallic Project in Northwestern Ontario include LBX26-104, testing the A-Zone down-plunge, with 11.15m grading 0.393 g/t Au, 6.06 g/t Ag, 0.18% Cu and 1.80% Zn from 264.70m, including 1.95m at 1.314 g/t Au and 6.34% Zn. LBX26-105 returned 2.00m at 1.342 g/t Au and 14.90m at 0.125 g/t Au, 4.89 g/t Ag, 0.67% Zn. LBX26-103 confirmed polymetallic mineralisation at the Garvey Zone IP target.
Nine drillholes totalling 6,500m have been completed with assays pending at the Contact Lake Gold Project in Saskatchewan's La Ronge Gold Belt, part of a planned 20,000m program across approximately 35 drillholes; recent holes intersected prospective zones deeper than 800m in the Bakos Shear Zone. A regional soil program has collected 5,700 of a planned 9,000 samples at Contact Lake and Preview. Trident also engaged T Global Consulting Services, led by Tia Watt, for Indigenous and community engagement.
The first reverse circulation hole reported from the 2026 drill program at the Baner Gold Mine Property in Idaho County, Idaho, LG26-005, returned 1.44 g/t gold over 80ft (24.4m) starting 7ft (2.1m) vertically below surface, including 15.8 g/t over 5ft (1.5m), extending the Main Zone 220m (720ft) north. Phase 1 of the 2026 work program is complete and Phase 2 RC drilling has commenced, expected to continue through August into September.
Drilling at the Morena target on the Santa Ana silver-gold project in Colombia returned 0.71 m (0.34 m ETW) grading 1,646 g/t Ag and 10.35 g/t Au (2,559 g/t AgEq) in hole DH613, and 1.74 m (1.42 m ETW) grading 488 g/t Ag and 1.79 g/t Au (646 g/t AgEq) in DH601. At Aguilar, hole DH631 cut 0.30 m at 1,554 g/t Ag and 5.44 g/t Au within Aguilar N, and DH628 cut 2.21 m at 103 g/t Ag and 1.42 g/t Au. Results from 14 Morena holes and 12 northern Aguilar holes will feed an updated mineral resource estimate expected in September 2026.
Field spectral analysis has identified alunite and pyrophyllite advanced argillic alteration across over 3 km of outcrop and sub-crop at the Clipper Brook target, within a 10 km-long, 500 to 1,500 m wide EM resistivity low located 12 km east of the Moby Dick zone at the Treasure Island Project in Central Newfoundland. Reconnaissance covered over 11,000 hectares with 1,100 spectral analyses over three months. Drill permits for the region have been received and initial drilling is being planned.
Assay results from 14 diamond drill holes at the Southwest Deposit of the 100%-owned Clarence Stream gold project in New Brunswick include 2.6 g/t Au over 48.0 metres in BL-323 (including 21.3 g/t Au over 2.0m and 9.9 g/t Au over 3.0m), 1.7 g/t Au over 31.0 metres in BL-322, 5.3 g/t Au over 5.0 metres in BL-316 and 3.1 g/t Au over 8.0 metres in BL-313. The holes were primarily infill drilling within the 2026 Mineral Resource pit shell, as the company advances a Preliminary Economic Assessment.
Drilling at the Jonpol Deposit on the Garrison Property of the Tower Gold Project in the Timmins Mining Camp, Ontario returned 3.11 g/t Au over 15.70 m. STLLR has completed 8,536 m of drilling at Jonpol in its first-half 2026 program, with assays pending for the remaining holes; the program targets extending the open-pit strike from 400 m to about 1,200 m and infill drilling. Sandra Odendahl resigned as a director effective August 1.
Drill hole BT26-255D at the Joss area of the Beartrack-Arnett Project in Idaho returned 3.43 g/t gold over 131.7 meters drilled width from 543 meters downhole, including 6.56 g/t gold over 42.5 meters and 11.58 g/t gold over 12.1 meters; true widths are estimated at 40-50% of drilled width. All five primary and three wedge holes in the 5,500-meter program intersected the Panther Creek Shear Zone, with results for BT26-254DW and BT26-255DW pending. A technical webinar is set for August 6th at 11:00 am EST.
Assay results from holes EZD0003 to EZD0008 at the El Zanjon gold-silver project in Santa Cruz, Argentina returned narrow zones of anomalous silver in EZD0003-0005, -0007 and -0008, including up to 2.43 ppm Ag over 6.40m between 168.70-180.0m in EZD0007; most gold values were at or below detection. The maiden program is complete at 2,475m in 10 holes across three target areas, with assays for EZD0009 and EZD0010 expected in the next 3 weeks.
Trenching at the SSD Target on the Toiyabe Hills Property in Lander County, Nevada returned 13.4 metres of 6.55 g Au/t within 34.8 metres of 2.84 g Au/t, with individual samples up to 17.90 g Au/t. Five gold zones were identified in the 177-metre trench, part of a 468-metre program, using a 0.14 g Au/t cut-off. Two shallow core holes (T2601, T2602) are pending assays, and the first of two reverse-circulation rigs is expected within days.
A 4,000-metre diamond drill program has begun at the Advocate Nickel Property in north-central Newfoundland, testing the Birchy North and Wolverine targets. Drilling will cover 1.2 km of the 2.6 km by 700 m Birchy North target, where bedrock samples returned up to 0.13% DTR nickel, and 800 m of the Wolverine target, which measures 7 km by up to 1 km and returned up to 0.14% DTR nickel. A 2,226 line-kilometre airborne magnetic survey was completed. JOGMEC has funded 60% of expenditures, FPX 40%.
Resource updates and study results
An independent NI 43-101 technical report supporting the Preliminary Economic Assessment for the wholly owned La Cigarra Silver Project near Hidalgo del Parral, Chihuahua State, Mexico has been filed on SEDAR+, with an effective date of January 15, 2026. It was prepared by Sacré-Davey Engineering with contributions from Canenco Consulting Corp., AKF Mining Services Inc., Knight Piésold Consulting and SGS Geological Services. There are no material differences from the PEA results announced June 15, 2026.
The NI 43-101 technical report supporting the Pre-Feasibility Study for the Enchi Gold Project in Ghana has been filed on SEDAR+, prepared by lead consultant Lycopodium (Americas) Limited with an effective date of June 23, 2026. The PFS assesses a conventional open pit operation with milling and carbon-in-leach processing of 5.5 million tonnes per annum using contract mining, based on the March 18, 2026 Mineral Resource Estimate incorporating drilling through October 6, 2025. It excludes more than 50,000 metres of the ongoing 80,000 metre drill program.
An integrated mineral resource estimate for the 100%-owned North Island Project near Port Hardy, British Columbia, with an effective date of July 31, 2026, reports Indicated Resources of 1.2 billion tonnes grading 0.14% Cu, 0.22 g/t Au, 79.5 ppm Mo and 0.44 ppm Re, containing 10.1 billion lbs Cu Eq. or 16.2 million oz Au Eq., plus Inferred Resources of 260 million tonnes, at an $11.00/tonne NSR cut-off. Indicated tonnage rose 36%. A pre-feasibility study remains targeted for Q1 2027.
An updated mineral resource estimate for the Basal Zone of the Nechalacho Rare Earth Elements Project, 110 kilometers southeast of Yellowknife, Northwest Territories, reports 58.6 million tonnes of Measured and Indicated resources grading 1.49% TREO and 130.6 million tonnes of Inferred grading 1.31% TREO, using a US$366.40/t Net Metal Revenue cut-off and an effective date of July 14, 2026. Neodymium, praseodymium, dysprosium and terbium account for about 88% of estimated in-situ REO value. A PEA with Wood Canada Ltd. is underway, with release expected in the fourth quarter.
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
2 tranches expiring within 90 days of Aug 7, out of 238 outstanding on record. Strike against the current price; proceeds assume full exercise.
| Company | Expires | Strike | Price | In / out of money | Max proceeds | From |
|---|---|---|---|---|---|---|
| Canstar ResourcesROX | Oct 30 | $0.10 | $0.070 | -30.0% | $1.9M | Private Placement of Oct 30 · Warrant radar ↗ |
| Solstice Gold CorporationSGC | Oct 31 | $0.10 | $0.050 | -50.0% | $611K | Private Placement of Oct 31 · Warrant radar ↗ |
Corporate
Q2 2026 production was 176,836 ounces of gold with 177,959 ounces sold at an average realized price of $4,256 per ounce, cash costs of $1,816 per ounce and AISC of $2,175 per ounce, revenue of $769.8 million and net income of $230.6 million ($0.29 per share). Following the July 31 completion of the Orla Mining merger, 2026 consolidated guidance is set at 870,000–920,000 ounces. The Board approved the $436 million Valentine Phase 2 expansion, targeting completion in late 2028, and a 50% dividend increase to $0.0225 per share.
A joint venture agreement for the Spring Peak project has been signed with Newmont. No further details of the agreement terms were included in the text provided, which links to a PDF for the full announcement.