Junior Mining Intelligence · Friday snapshot
GoldVenture Weekly
Week ending September 4, 2026 · 397 companies tracked, 354 priced
Palladium was the dominant mover among tracked metals for the week ending 2026-09-04, falling -1.99% to $1,377.00/oz, while copper was the sole gainer at +0.45% to $6.67/lb against broadly softer precious and battery metals. Junior performance was sharply bifurcated, with NBLC surging 66.67% and HAN.V declining -18.39% as the five tracked companies posted returns ranging across 133.6 percentage points. Financing activity was concentrated heavily in gold, which captured $87,227,400 of the week's total $87,927,400 across 5 of 6 deals, with drill results accounting for the primary catalyst class across the top-ranked releases.
What changed: breadth 35% up vs 52.6% last week; median -0.6% vs +1.4%; 6 deals for $85.5M vs 8 for $109.9M; 46 material releases vs 85.
Top developments
OMG fell -6.69% despite reporting drill results on 2026-09-01 showing 5.12 g/t Au over 40.5m and 2.68 g/t Au over 40.7m at Wenot, suggesting the market had anticipated stronger intercepts or broader zone widths. Release ↗
NBLC surged 66.67% with no material release in window — move appears technical.
SVRS declined -8.93% in the week that it closed the second and final tranche of a non-brokered private placement for aggregate gross proceeds of $21,000,000 (announced 2026-08-31), consistent with typical post-financing dilution pressure. Release ↗
BYN gained 9.94% 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% | 217 | 0.0% | 35% | -0.49% | GCC +43.8% · SRAN -31.0% | |
| Copper last wk +1.2% | 42 | -2.6% | 26.2% | +0.45% | NBLC +66.7% · VLI -33.3% | |
| Silver last wk +3.5% | 24 | -1.5% | 25% | -0.26% | CDPR.V +8.4% · HAN.V -18.4% | |
| Lithium last wk +4.5% | 12 | +3.3% | 58.3% | -0.29% | LIBR +19.1% · BRW -15.6% | |
| Nickel last wk 0.0% | 7 | 0.0% | 28.6% | no quote | NICN +5.9% · GT -20.0% | |
| Uranium last wk +3.5% | 6 | -0.6% | 50% | -0.39% | HLU +4.2% · ABA.V -10.5% |
By exchange: CSE 34% up, median 0.0% (n=47) · TSX 24.4% up, median -1.3% (n=45) · TSXV 37.2% up, median -0.3% (n=261)
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 |
|---|---|---|---|---|---|---|---|---|
| Radisson Mining RDS Gold | Private Placement | $57.2M | $1.07 mkt $1.23 | -13.0% | 11.9% | $1.39 to Sep 2 | Sep 1 | closed |
| Silver Storm Mining SVRS Gold | Private Placement | $21.0M | $0.50 mkt $0.51 | -2.0% | 5.3% | $0.70 to Feb 15 | Aug 31 | closed |
| Strike Point Gold SKP Gold | Private Placement | $2.0M | $0.20 mkt $0.17 | +17.6% | 16.0% | $0.30 to Sep 4 | Sep 4 | closed |
| Canadian North Resources CNRI Gold | Private Placement | $2.0M | $0.25 mkt $0.17 | +47.1% | 7.0% | none | Sep 16 | announced |
| Libra Lithium Corp. LIBR Lithium | Private Placement | $1.9M | $0.10 mkt $0.13 | -20.0% | 22.0% | none | Sep 24 | closed |
| Corcel Exploration Inc. CRCL Gold | Private Placement | $1.5M | $0.10 mkt $0.10 | +5.3% | 25.3% | $0.20 to Sep 19 | Sep 18 | announced |
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.
| Thunder Gold Corp.TGOL | 7 buys · 1 insider | +C$312K |
| Greenheart GoldGHRT | 11 buys · 1 insider | +C$260K |
| Founders MetalsFDR | 1 buy · 1 insider | +C$104K |
5 more net buyers this week on the insider board.
Cluster buying: Awalé Resources (2 insiders, C$75K); Heliostar Metals (2 insiders, C$5,906).
Net sellers
Open-market sales; option exercises followed by a sale count only for the sale.
| Alkane ResourcesALK | 4 sells · 3 insiders | −C$5.75M |
| NorthIsle Copper and Gold IncNCX | 1 sell · 1 insider | −C$1.35M |
| Omai Gold Mines Corp.OMG | 3 sells · 2 insiders | −C$720K |
5 more net sellers this week on the insider board.
Insiders in placements: Strike Point Gold C$416K (21% of the round).
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.
1 company is past a filing deadline with nothing found on their site yet.
Drill and discovery board new
Drill results
Drill hole SC-26-16 at the MEPS Zone of the Soo Copper Project near Batchewana Bay, Ontario returned 450.92 m grading 0.30% CuEq from the top of bedrock, including 101 m at 0.50% CuEq and 12 m at 1.70% CuEq. Results from SC-26-14 to SC-26-17 extend the MEPS strike by 300 m to over 1.3 km. SC-26-16 intersected a mineralized granite porphyry stock at 301 m downhole grading 0.32% CuEq over 162 m, with molybdenum up to 2,080 ppm.
A maiden nine-hole, 4,089 metre diamond drill program at the W2 target on the Western Wabigoon Project in northwestern Ontario intersected gold in eight holes, including 1.05 metres at 204.34 g/t Au (including 0.50 metres at 428.50 g/t Au) in hole 26DFDD003, 37.75 metres at 0.30 g/t Au (including 17.05 metres at 0.47 g/t Au) in 26DFDD004, and 23.90 metres at 0.25 g/t Au in 26DFDD007. The project is held under an earn-in with a Centerra Gold subsidiary, which can earn up to 70%. The acquisition of the Golden Sidewalk Project from Prosper Gold has closed.
Drilling at the Santa Ana Project in Colombia confirmed a new ore shoot, Shoot 7, with hole DH648 intersecting 9.16 m (5.28 m ETW) grading 127 g/t Ag and 0.70 g/t Au (188 g/t AgEq), including 0.40 m at 1,930 g/t Ag and 8.65 g/t Au (2,693 g/t AgEq). Hole DH652 returned 0.30 m grading 5,196 g/t Ag and 8.51 g/t Au, while at Las Maras hole DH637 cut 2.86 m (2.30 m ETW) at 1,760 g/t Ag and 5.14 g/t Au. Results will feed a resource update expected in September 2026.
Initial auger/soil results from the 76 km² Aurora Gold Project in the Dawson Mining District of Yukon's Tombstone Gold Belt returned values up to 10 g/t gold, 86 g/t silver, 0.74% copper and more than 1.0% arsenic, with 7% of samples above 100 ppb gold. The 1,619 samples, covering roughly 10 km by 5 km, defined two untested targets: Target Area 1 (500 m x 200 m, 850 m west-southwest of the JC prospect) and Target Area 2 (at least 400 m x 200 m, 900 m north-northwest of AJ). RAB drilling is complete, with further results due in Q3/Q4 2026.
Final assays from seven HQ diamond drill holes totalling 3,144 metres in the 2026 metallurgical drilling program at the Fenelon Gold Project in Quebec included 8.27 g/t Au over 16.4 m in FAL-26-002A, 25.41 g/t Au over 3.6 m in FAL-26-003, 10.67 g/t Au over 5.0 m in FAL-26-005 and 52.30 g/t Au over 2.1 m in FAL-26-001; true widths are estimated at 70-90% of core lengths. Some 820 kilograms of material has been delivered to Base Met, with initial test results expected in the latter half of Q4 2026 and the pre-feasibility study targeted for late 2027 or early 2028.
An 1,800 metre drill program has begun at the Rockland Gold Project in the Walker Lane Trend of Nevada, USA. The drilling will test below historical results that ended in mineralization, including 146.4 metres at 1.0 g/t AuEq in hole PG-32 and 85.4 metres at 1.0 g/t AuEq in hole PG-36C, drilled in the opposing direction some 70 metres away. Both holes include higher-grade intervals and alteration increasing in intensity with depth.
Drilling at the Tombstone Project in southeastern Arizona extended the Contention mineralized system 255 meters north-northeast, to over 1,250 meters of continuously drilled strike length. Hole TR26-41 returned 83.8 m averaging 0.90 g/t Au and 22.61 g/t Ag (1.31 g/t AuEq) from 24.4 m, including 7.6 m of 6.97 g/t Au and 75.42 g/t Ag; TR26-43 returned 51.8 m of 0.70 g/t Au and 25.59 g/t Ag from 85.3 m. Assays are pending for nine completed holes, TR26-45 to TR26-53.
Drilling at the newly renamed Mirado West zone on the KL South Project, 18 km south of Kirkland Lake, Ontario, returned 1.22 g/t Au over 69.50 m from 33.00 m in hole KLM26-037, including 5.67 g/t Au over 12.00 m. Hole KLM26-035 intersected 0.35 g/t Au over 21.18 m from 19.50 m, 0.65 g/t Au over 15.83 m from 65.20 m and 36.72 g/t Au over 1.01 m from 174.50 m. The results extend mineralization more than 600 m west, bringing the lateral footprint to over 1,300 m, with 19 holes pending.
Drill hole QGQ26-30 at the Halo zone of the Quesnelle Gold Quartz Mine Property, 4 kilometres northeast of Hixon, British Columbia, returned 268.24m of 0.58 g/t gold from 28.26m to 296.50m, including 57.36m of 1.08 g/t Au from 28.26m and 30.62m of 1.16 g/t Au from 140.03m, which includes 3.12m of 5.30 g/t Au. The hole was drilled to 402.38m at an azimuth of 270 and dip of -54. The results complete the assay database for the company's inaugural Mineral Resource Estimate, now being finalized.
Mechanical trenching is underway at the 42,053 ha McKenzie Gold Project in Northern New Brunswick, following summer prospecting, mapping and drone magnetic surveying, with work focused on the RIM and Grog gold zones to define targets for fall/winter drilling. At RIM, trenching targets a 200-metre extension on both sides of the zone, where 2026 drilling returned 1.64 g/t Au over 7.75 m, 1.01 g/t Au over 10.40 m and 0.35 g/t Au over 17.20 m.
New diamond drill assays from the Umm Hadid Project in Saudi Arabia include hole 26-UH-004 with 26.10 m grading 77.8 g/t silver and 0.14 g/t gold from 64.45 m, including 0.30 m at 3,779 g/t silver and 6.35 g/t gold, and hole 26-UH-006 with 9.17 m at 137.1 g/t silver and 0.13 g/t gold, including 0.30 m at 3,656 g/t silver. A total of 59 holes over 11,373.5 m have been drilled; APEX Geoscience will complete a maiden NI 43-101 resource estimate on Target 01, where a 10,000 m program continues. Umm Hadid is held by Silver Mining LLC, a Sumou Holding–Kuya joint venture in which Kuya holds a 5% carried interest with an option for a further 40%.
Drilling at the Goldwedge target of the Manhattan District Project in Nevada returned 3.02 g/t gold over 48.92 m from 118.87 m, including 19.29 g/t over 5.24 m from 151.79 m, in hole 26MN-115, and 1.19 g/t gold over 99.94 m from 98.61 m in hole 26MN-118. Hole 26MN-116 on the Zanzibar Trend returned 0.93 g/t over 22.16 m and 0.84 g/t over 25.05 m, while 26MN-113 at Moriah found no significant gold. Assays are pending from 7 holes totalling 1,696 m.
Drill hole PGC-26-118 at the Moby Dick copper-gold discovery on the Treasure Island Project in Central Newfoundland returned 0.24% Cu Eq (0.13% Cu, 0.087 g/t Au, 1.72 g/t Ag) over 299.4m from 12.6m, including 0.43% Cu Eq over 56.5m and 0.52% Cu Eq over 35.6m, plus 0.23% Cu Eq over 72.7m from 424.0m below a mafic dyke. Assays are pending from 11 further Moby Dick holes, eight with visible chalcopyrite. A barge drill will test beneath Crippleback Lake in September 2026, and a 4,345 line-kilometre Mobile MT survey began August 30, 2026.
Sonic core drilling of a historic low-grade stockpile adjacent to Heap Leach Pad Two at the Santa Fe Mine project in Nevada returned 10.7m grading 1.81 g/t Au and 64.8 g/t Ag, with nine drill holes averaging 1.96 g/t Au Eq (1.64 g/t Au, 36.2 g/t Ag). CN-extractable gold assays ranged from 5% to 93% of fire assay values, averaging 43%. The balance of the 2026 program covers 96 holes across four historic heap leach pads, with initial Pad Two results expected shortly.
New diamond drill assays from the Umm Hadid Project in Saudi Arabia include hole 26-UH-004 with 26.10 m grading 77.8 g/t silver and 0.14 g/t gold from 64.45 m, including 0.30 m at 3,779 g/t silver and 6.35 g/t gold, and hole 26-UH-006 with 9.17 m at 137.1 g/t silver and 0.13 g/t gold. A total of 59 holes over approximately 11,373.5 m have been drilled, with 30 holes reported here, and APEX Geoscience has been appointed to complete a maiden NI 43-101 resource estimate on Target 01. Kuya holds a 5% carried interest with an option for a further 40% in joint venture Silver Mining LLC.
Assay results from eleven additional diamond drill holes at the Wenot deposit, part of the 50,000 m program at the 100%-owned Omai Gold Project in Guyana, include 5.12 g/t Au over 40.5 m (including 11.29 g/t Au over 10.4 m) in hole 26ODD-193 and 2.68 g/t Au over 40.7 m in hole 26ODD-197W. To date in 2026, 74 holes totalling 35,149 m have been completed with five rigs, drilling expected to continue to mid-December. A resource update is planned before year end.
RC drilling by Mammoth Minerals at Lunchbox Ridge on the Buster Trend at the Excelsior Springs Project in Nevada returned 3.76 g/t Au over 10.67 m from 198.2 m (MEXRC2637), on a previously untested parallel structure about 700 m along strike from the Buster Mine Zone. Surface samples at the Blue Dick Prospect included 1,190 g/t Ag, 4.7 g/t Au, 4.55% Pb and 1,078 g/t Ag, 11.8 g/t Au, 8.5% Pb, 15.3% Zn. Nine of 29 planned holes in the ~5,000 m program are complete. Mammoth can earn 80% of the project over five years.
Hole CD-26-056 at Zone 2000S of the Carmacks copper-gold project in central Yukon returned 82.69 m of 1.12% copper and 0.64 g/t gold (1.78% CuEq), including 49.16 m of 1.63% copper and 0.95 g/t gold (2.62% CuEq); CD-26-054 returned 76.31 m of 0.48% copper and 0.23 g/t gold, and CD-26-052 at Zone 147 returned 38.32 m of 0.42% copper. Sulphide mineralization was encountered 300 m beyond the Mineral Resource, doubling Zone 2000S strike length. The 2026 program was expanded from 15,000 m to 18,000 m, with 26 holes totalling 13,106 m completed.
Six drill holes at the 100%-owned Mustajärvi Gold Project in Lapland, Finland returned results including hole 26MJ021 with 2.0m averaging 63.19 g/t gold from 102.4m, including 1.0m at 124.0 g/t gold and 0.38% cobalt, plus 4.0m at 1.64 g/t from 77.65m; hole 26MJ022 returned 6.0m at 4.38 g/t gold from 128.0m, including 1.0m at 23.5 g/t. Holes 26MJ018, 26MJ020 and 26MJ023 returned narrow lower-grade intervals; 26MJ019 had no significant results. Total drilling now 28,721 metres, supporting an anticipated maiden resource estimate.
A statement in the August 5, 2026 press release referring to "over six (6) metres of better than 6% zinc" at the Ishkōday Gold and Base Metal Project in Northwestern Ontario was incorrect; the accurate interval is 5.35 metres grading 3.28% zinc from 267.75m to 273.10m in hole LBX26-104. The Phase 1 A-Zone drill program has been increased from 3,865 metres to 5,605 metres across 22 holes, with 18 holes completed for about 4,915 metres. SRK Consulting identified five priority target zones, and Recovery of Minerals Permit and PTTW applications remain under Ontario Ministry review.
Diamond drilling has begun at the 643ha Lorado uranium project, 20km south of Uranium City, Saskatchewan, operated by partner Xcite Uranium Inc., which can earn up to 80% in six Eagle Plains-owned projects. The program comprises 1,200m in 3 holes from 3 pads, testing coincident EM conductor and magnetic breaks with radon and soil geochemical anomalies for Beaverlodge-type and basement-hosted unconformity mineralization. The approved 2026 Lorado budget is about $1.1 million, including $225,000 of completed fieldwork and $875,000 for drilling.
Drill hole SBM26-03 at the Rainbow Block in Butte, Montana returned 4.0 m grading 994.2 g/t AgEq (309.0 g/t Ag, 1.85 g/t Au, 9.98% Zn, 5.75% Pb), including 2.3 m at 1,586.1 g/t AgEq, from the Badger Vein about 125 m beyond the current Inferred Mineral Resource. SBM26-04 returned 2.0 m at 693.1 g/t AgEq from the Jessie Vein and 1.6 m at 502.0 g/t AgEq from the State Vein. About 13,500 feet of the 25,000-foot Phase I program is complete, with an updated resource estimate planned for the first half of 2027.
Sixteen holes totaling 4,100 metres have been drilled year-to-date in the 2026 Phase 3 program at the Choquelimpie gold-silver-copper project in Chile, across five zones, with assays pending. Hole MV26-DD24 is in progress, targeting the area between the Choque and Vizcacha zones. Metallurgical and 3D geological studies are planned for later in 2026. The Company reported a cash position of $13,677,089 as of June 30, 2026, unaffected by its previously announced financial statement restatement.
Hole AUR-26-07 at the Roger copper-gold project in Chibougamau, Quebec returned 125.3 m grading 0.67 g/t Au from 346.0 m, including 20.0 m at 1.94 g/t Au, extending the Roger zone at least 125 metres at depth. AUR-26-06 cut 34.5 m of 0.69 g/t Au and 0.14% Cu from 70.5 m, plus 50.4 g/t Au over 0.5 m at 572.7 m, while AUR-26-05 returned 23.5 m of 1.12 g/t Au. Phase 1 totalled 10 holes for 7,325 m; a $2.0 million, 12-hole Phase 2 program is on its fourth hole.
Assay results were reported from the first 10,000 meters of an ongoing 50,000-meter drilling campaign at the Cerro Caliche gold project in Sonora, Mexico, comprising 46 reverse circulation holes in the central-western area. Highlights include SCR-340 with 18.29m @ 3.392 g/t Au and 44.3 g/t Ag, including 9.14m @ 6.438 g/t Au; SCR-348 with 9.14m @ 3.076 g/t Au; and SCR-349 with 18.29m @ 1.674 g/t Au. Drilling at El Quince, previously undrilled, identified a new mineralized zone, and nine infill holes confirmed mineralization at Buena Suerte in areas previously modelled as waste.
Sonic core drilling of a historic low-grade stockpile adjacent to Heap Leach Pad Two at the Santa Fe Mine project in Nevada returned 10.7m grading 1.81 g/t Au and 64.8 g/t Ag, with nine drill holes averaging 1.96 g/t Au Eq (1.64 g/t Au, 36.2 g/t Ag). CN-extractable gold assays ranged from 5% to 93% of fire assay values, averaging 43%. The balance of the 2026 program covers 96 holes across four historic heap leach pads, with initial Pad Two results expected shortly.
Infill and extension drilling at the Converse Gold Project on Nevada's Battle Mountain – Eureka Trend returned 85.3m grading 0.52 g/t Au and 2.34 g/t Ag from 207.3m in CV26-017, 57.9m at 0.62 g/t Au and 3.02 g/t Ag from 76.2m plus 62.5m at 0.79 g/t Au and 3.16 g/t Ag from 163.1m in CV26-020, and 94.5m at 0.73 g/t Au and 2.34 g/t Ag from 114.3m in CV26-022. Three rigs are active on the 30,000-metre Phase 1 program, 31% complete, ahead of a PFS targeted for 2027. Robert Dufour was appointed CFO during Zeenat Lokhandwala's maternity leave.
Drill hole SBM26-03 at the Rainbow Block Project in Butte, Montana returned 4.0 m grading 994.2 g/t AgEq (309.0 g/t Ag, 1.85 g/t Au, 9.98% Zn, 5.75% Pb), including 2.3 m at 1,586.1 g/t AgEq, from the Badger Vein about 125 m beyond the current Inferred Mineral Resource. SBM26-04 returned 2.0 m at 693.1 g/t AgEq from the Jessie Vein and 1.6 m at 502.0 g/t AgEq from the State Vein. About 13,500 feet of the 25,000-foot Phase I program is complete, with an updated resource estimate planned for the first half of 2027.
Final assays from the maiden seven-hole, 1,040 m drill program at the Stavaträsk gold project in Sweden's Skellefteå district returned 4.6 m at 7.2 g/t Au and 14.5 g/t Ag from 79.5 m in hole ST2606, including 0.7 m at 21.4 g/t Au and 0.6 m at 20.7 g/t Au, within 59.6 m at 1.1 g/t Au from 48.5 m; ST2607 returned 3.2 m at 1.4 g/t Au from 166.2 m. Gold was intersected in all seven holes over 650 m of strike. An IP gradient-array survey will precede a roughly 1,000 m follow-up drill program. Katty Vargas resigned as Director and General Manager, Peru, effective August 31, 2026.
A second Rotary Air Blast drill has been contracted for the 100%-owned, 130km² Atlanta Gold Mine Project in southeast Nevada, expected on site in September and bringing the rig count to four, including two RC rigs; about 20,000m of the 40,000m Phase 4 RC program is complete. Mapping and sampling outlined the previously undrilled Splay Zone, roughly 500m by 300m, north and east of the Atlanta pit. Atlanta South road construction is complete, with East Ridge RC drilling anticipated in Q4.
Underground drilling at the Cate-8 zone at the Bunker Hill Mine in northern Idaho returned 12.5 feet at 2.94 oz/ton Ag and 3.2% Pb in BHD26-17, and 3.2 feet at 4.19 oz/ton Ag and 10.6% Pb in BHP26-24, including 0.7 feet at 15.7 oz/ton Ag, 33.7% Pb and 1.1% Zn. The Cate-8 exploration target now stands at 522k tons at 5.34 oz/ton AgEq for 2.79M AgEq ounces at a 50 g/t cut-off, up 55% in tonnage. Bunker Hill also drew an additional US$2,000,000 under its Teck standby facility.
Four drill holes tested down-plunge extensions of the Spyglass and Buccaneer high-grade zones at Gold Rock in the Dryden District, Northwestern Ontario, with DGR-073 returning 9.40 g/t gold over 4.60 metres, including 78.40 g/t gold over 0.38 metres, and 0.95 g/t gold over 5.55 metres, including 7.70 g/t gold over 0.55 metres, at Buccaneer. Spyglass was extended from about 190 to 330 metres vertical depth and Buccaneer from about 185 to 370 metres, adding roughly 110 by 50 metres of footprint. The company also disclosed a promotional services agreement dated February 27, 2026 with Epstein Research for US$7,500.
Drilling has defined newly recognized volcanic Wedge Zones between the Bonanza and Golden Gate Zones at the Surebet discovery on the 100%-owned Golddigger Property in British Columbia's Golden Triangle, with broad gold-bearing quartz-sulphide intervals typically extending 10–50 metres in core, grades up to 3.60 g/t AuEq and widths up to 58 metres. The wedge intervals define a mineralized area up to 310 metres long and 110 metres vertically, and two wedges have been identified, one in the south-central system and one within a 540-metre southwest step-out.
Resource updates and study results
A Preliminary Economic Assessment has been filed for the 100%-owned Fondaway Canyon gold project in Nevada, outlining an open pit mine and 12,000 tpd flotation mill over a roughly 10-year life, producing 1.52 million recovered ounces, averaging 150,000 oz per year at a mined grade of 1.38 g/t Au. At $3,200/oz gold, pre-tax NPV8% is US$1,004 million with a 58.8% IRR, and after-tax NPV8% is $905 million with a 53.1% IRR. Initial capital is $265 million, payback 1.6 years.
Preliminary metallurgical results from 26 of 71 samples at the Wawa Gold Project in Ontario showed cyanidation gold extraction averaging 93.4% at an average calculated head grade of 4.42 g/t Au for samples in potential initial open-pit zones, versus the 88.0% recovery assumed in the 2026 PEA, and 88.3% at 8.24 g/t Au for underground development zones. Testing by SGS Canada at Lakefield supports a prefeasibility study targeted for mid-2027, alongside a fully funded 20,000 metre drill program with two rigs active.
A preliminary economic assessment for the 100%-owned Aurora copper-molybdenum-silver project, 60 km northeast of Cusco, Peru, shows an after-tax NPV8% of $2,703 million, an 18.5% IRR and a 5.2-year payback at $4.90/lb copper, $25.40/lb molybdenum and $45.30/oz silver. The plan covers a 17.5-year mine life processing 402.9 million tonnes at 65,000 tonnes per day, with initial capital of $2,377 million. A NI 43-101 technical report will be filed within 45 days.
Technical reports filed this week
Week ahead new
Financings closing
Open rounds with a closing date on or after the week ending.
4 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 Sep 4, 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 | $0.055 | -45.0% | $1.9M | Private Placement of Oct 30 · Warrant radar ↗ |
| Solstice Gold CorporationSGC | Oct 31 | $0.10 | $0.105 | +5.0% | $611K | Private Placement of Oct 31 · Warrant radar ↗ |
Corporate
A definitive property option and joint venture agreement dated September 1, 2026 gives Rockport Capital Corp. the right to earn an initial 50% interest in the 100%-owned Genesis Ni-Cu-PGE property in south central Alaska by paying $25,000 cash, issuing 1,000,000 Rockport shares and funding at least $250,000 of exploration within 12 months. A further $10,000, 250,000 shares and $750,000 of expenditures within 36 months would bring Rockport to 70%. The deal is Rockport's non-arm's length qualifying transaction, conditional on TSXV acceptance, minority shareholder approval and a financing of at least $750,000.
The acquisition of non-Yukon assets from Prospector Metals Corp. — the Savant, Devon, Whitton and TooGood projects in Ontario and Newfoundland — closed effective September 2, 2026, with Lightning Resource Corp. issuing 29,400,000 common shares as consideration. Gross proceeds of $4,000,000 from the Financing were released, as 8,000,000 subscription receipts converted into 8,000,000 shares and 4,000,000 warrants exercisable at $0.62 until September 2, 2027. The board was reconstituted with Rob Carpenter as Chair and Interim CEO.
The acquisition of QcX Gold Corp. by Sterling Metals closed via a court-approved plan of arrangement, with QcX holders receiving one Sterling share for every 4.81026 QcX shares at an exchange ratio of 0.20789, resulting in 4,922,249 Sterling shares issued, plus 1,649,399 warrants and 299,361 options. Existing Sterling and QcX shareholders hold approximately 90.4% and 9.6% respectively. QcX shares are expected to be delisted from the TSXV around September 1, 2026. Albert Contardi joins Sterling's board. The combined land package exceeds 35,000 hectares across the Batchewana Copper Belt in northern Ontario.
Most researched new
Themes
Copper appeared as the highest-frequency emerging theme token with 8 mentions this week, consistent with its status as the only metal posting a week-over-week gain and with NBLC's outsized move as a copper-primary issuer.