Junior Mining Intelligence · Friday snapshot
GoldVenture Weekly
Week ending September 11, 2026 · 397 companies tracked, 350 priced
Palladium was the week's dominant metal mover, falling 6.68% to $1,285.00/oz against a broadly negative metals tape that also saw lithium drop 6.36% to $21,239.59/T and cobalt fall 5.60% to $39,625.84/MT; uranium was the sole gainer at +0.78% to $90.20/lb. Junior equities were led by drill-result catalysts, with PMI surging 59.57% on a Ni-Cu sulphide discovery and PRR gaining 55.56% on first-hole porphyry results, while DSV declined 5.41% despite a TSX30 recognition release. Of the 71 material releases tracked this week, drill results were the dominant catalyst class driving outsized junior returns.
What changed: breadth 27.4% up vs 35% last week; median -2.7% vs -0.6%; 8 deals for $234.5M vs 6 for $85.5M; 83 material releases vs 46.
Top developments
PMI gained 59.57% after announcing the discovery of a Ni-Cu sulphide-bearing mafic-ultramafic intrusion at its Voyageur Project in Michigan (September 9, 2026). Release ↗
DSV fell 5.41% following its recognition as a 2026 TSX30 Top-Performing Company (September 9, 2026), with the release classified as drill_results in the data despite the award-focused title — the decline suggests the market found no new operational catalyst in the announcement. Release ↗
PRR gained 55.56% after its first-ever drill hole at the Excalibur target intersected long intervals of alteration and sulphide mineralization consistent with a new porphyry system (September 10, 2026). Release ↗
GT gained 25.0% after sampling 5.6 g/t gold from the Schist Target at its CD Gold–Copper Porphyry Project in Yukon (September 9, 2026). Release ↗
VLI gained 50.0% 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% | 214 | -2.6% | 24.3% | -1.94% | RMES +40.0% · JUGR -50.9% | |
| Copper last wk -2.6% | 41 | -2.5% | 29.3% | -1.65% | VLI +50.0% · RUSH -15.2% | |
| Silver last wk -1.5% | 24 | -3.4% | 25% | -2.75% | APGO +21.6% · AAG -14.1% | |
| Lithium last wk +3.3% | 12 | -3.5% | 16.7% | -6.36% | PMI +59.6% · LIBR -16.0% | |
| Nickel last wk 0.0% | 7 | +5.3% | 57.1% | no quote | GT +25.0% · NNX -20.0% | |
| Uranium last wk -0.6% | 6 | -2.6% | 50% | +0.78% | ABA.V +17.6% · HLU -16.0% |
By exchange: CSE 27.7% up, median -2.3% (n=47) · TSX 20% up, median -3.3% (n=45) · TSXV 28.4% up, median -2.7% (n=257)
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 |
|---|---|---|---|---|---|---|---|---|
| Strike Point Gold SKP Gold | Bought Deal | $191.0M | $2.00 mkt $0.17 | +1076.5% | 153.1% | none | Sep 9 | closed |
| McFarlane Lake Mining MLM Gold | Bought Deal | $17.3M | $0.38 mkt $0.53 | -28.3% | 8.8% | none | Sep 9 | closed |
| Westward Gold Inc. WG Gold | Private Placement | $12.0M | $0.25 mkt $0.26 | -3.8% | 20.6% | $0.40 to Sep 29 | — | announced |
| Viva Gold Corp. VAU Gold | Private Placement | $6.5M | $0.16 mkt $0.20 | -22.0% | 23.6% | $0.24 to Sep 9 | Sep 9 | closed |
| Targa Exploration TEX Gold | Private Placement | $3.2M | $0.16 mkt $0.14 | +14.3% | 29.7% | $0.30 to Sep 14 | Sep 11 | closed |
| Cantex Mine Development Corp. CD.V Gold | Private Placement | $2.9M | $0.25 mkt $0.30 | -16.7% | 7.4% | $0.40 to Sep 11 | Sep 11 | closed |
| Garibaldi Resources Corp. GGI Gold | Private Placement | $1.0M | $0.07 mkt $0.07 | 0.0% | 9.4% | $0.10 to Sep 28 | Sep 30 | announced |
| Solstice Gold Corporation SGC Gold | Private Placement | $650K | $0.06 mkt $0.10 | -40.0% | 4.1% | none | Sep 8 | 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.
| Koryx CopperKRY | 2 buys · 1 insider | +C$370K |
| Thunder Gold Corp.TGOL | 2 buys · 1 insider | +C$114K |
| Apollo SilverAPGO | 2 buys · 2 insiders | +C$89K |
5 more net buyers this week on the insider board.
Cluster buying: Greenheart Gold (2 insiders, C$265K); Li-FT Power (2 insiders, C$86K); Lafleur Minerals Inc. (2 insiders, C$42K) and 1 more.
Net sellers
Open-market sales; option exercises followed by a sale count only for the sale.
| Alkane ResourcesALK | 2 sells · 2 insiders | −C$45.3M |
| Amerigo Resources Ltd.ARG | 6 sells · 1 insider | −C$299K |
| Cygnus MetalsCYG | 4 sells · 2 insiders | −C$283K |
5 more net sellers this week on the insider board.
Insiders in placements: Viva Gold Corp. C$1.30M (20% of the round); McFarlane Lake Mining C$1.13M (7% of the round); Solstice Gold Corporation C$53K (8% of the round) and 1 more.
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.
13 companies are past a filing deadline with nothing found on their site yet.
Drill and discovery board new
Drill results
Drilling has begun on the first hole of an approximately 7,500-metre, two-phase program at the 100%-owned Kremer nickel-copper-cobalt project in ZEC Lavigne, Québec, with the initial hole testing the previously undrilled Kremer-2 target; the program is funded and permitted and uses one rig. Phase 1 covers the principal electromagnetic conductors and Phase 2 provides detailed drilling, with borehole electromagnetic surveys planned on most holes. Closely spaced drilling will follow at Kremer-1 to constrain true widths of 2023 intersections.
Drilling in the Caleigh Vein returned 2.1 metres grading 7.72 kilograms per tonne silver equivalent, including 0.53 metres at 29.62 kilograms per tonne. No further assay or drill hole details were included in the released text.
Initial results from the 2026 drilling program at the Duparquet Gold Project in Quebec's Abitibi region include DUP26-093 with 5.26 g/t Au over 19.55 m, including 7.58 g/t over 12.95 m and 21.80 g/t over 1.0 m, and DUP26-096 with 3.43 g/t Au over 28.0 m, including 10.36 g/t over 7.2 m. Drilling extended the Miroir target's strike length to approximately 220 m. The 15,000 m program, begun in May 2026, continues into Q4 2026, and a resource model update has been initiated.
Drilling at the past-producing Starratt-Olsen Mine, about 1.1 km southwest of the Madsen Mine in the Red Lake district of Ontario, returned 1.5 m at 16.16 g/t Au from 121.15 m in hole WRL26-054, including 0.85 m at 24.60 g/t Au, and 4.5 m at 5.16 g/t Au from 114.0 m in hole WRL26-055, including 1.5 m at 10.94 g/t Au. The results cover the first 5 holes of a 12-hole, 4,100 m oriented HQ surface program targeting up- and down-plunge extensions of previously mined panels, the first focused drilling of the historic mining areas since mining ceased in the 1950s.
A gradient-array induced polarization survey has been completed over the Stavaträsk gold project in Sweden's Skellefteå district, 20 km north of the Boliden mine, acquired on a 200 m grid across 3 km² with 100 m infill and one dipole-dipole section over the drilled area. Data are being processed and interpreted. The results will be integrated with the seven-hole maiden drill program, which returned intervals including 1.1 m @ 15.6 g/t Au and 4.6 m at 7.2 g/t Au, to target a 1,000 metre drill program scheduled to complete before the end of 2026.
First assay results from the 2026 drill program at Chicken Mountain, part of the 99,840-acre Flat Gold Project in southwest Alaska, cover 15 holes totalling 2,276 m. Hole CMD26-036 returned 1.40 g/t Au over 30.00 m from 183.00 m, including 4.58 g/t Au over 4.50 m, plus 0.51 g/t Au over 118.16 m from 270.00 m to the end of hole; step-out holes CMR26-141 and CMR26-142 extended the southern footprint 200 m southwest to roughly 600 m. Assays are pending from 97 holes (nearly 18,000 m), with a maiden resource estimate targeted for Q1 2027.
Hole NV26-05 returned 1.65% U₃O₈ over 0.3 metres from 390.4 metres at the unconformity in the 2026 winter drill program at the Nova Target on the 50/50 Dorado Joint Venture with IsoEnergy Ltd., on the eastern margin of Saskatchewan's Athabasca Basin. NV26-03A returned 0.04% U₃O₈ over 3.9 metres from 412.6 metres, including 0.10% U₃O₈ over 0.4 metres, plus 0.79% U₃O₈ over 0.4 metres from 418.2 metres. The nine-hole program intersected mineralization in multiple holes; summer drilling is complete with results to follow.
Drilling at the QES Zone of the Moss Gold Project in Northwest Ontario returned 227.2m of 0.73 g/t Au from 637.8m in MQD-26-465 and 271.6m of 0.73 g/t Au from 630.4m in MQD-26-474, including 173.0m of 0.89 g/t Au from 685.0m and 8.0m of 4.86 g/t Au from 721.0m. The two holes were drilled approximately 75 to 100 metres below the current RPEEE pit shell. Twelve of 21 planned holes are complete, with further assays expected in coming weeks.
Channel sampling at the 18,468-hectare Lawatino Gold Project in southeastern Suriname returned 39.55 g/t gold over 1 m at the 101 Zone (trench 26LACH-005) and 1.29 g/t gold over 4 m at the Bodoe Zone, with 0.61 g/t over 2 m also reported at 101. The 101 and Bodoe Zones lie about 1.5 kilometres apart along a northwest-southeast trend now being systematically trenched. Sranan Gold plans to mobilize drilling equipment to Lawatino in late 2026.
A 20,000-metre Phase 2 diamond drilling program is planned at the 100%-owned Pt. Leamington VMS project in central Newfoundland, targeting conversion of about 50% of the 13.7 million tonnes of pit-constrained inferred resources to indicated, expansion of the massive sulphide resource, and definition of the Kraken copper footwall stringer zone for inclusion in the next resource estimate. Phase 1 comprised 10 holes totalling 3,556 metres, with PL-112 returning 75.8m grading 0.45% Cu, including 12.0m at 1.09% Cu.
The first two drill holes at the 100%-owned Excalibur copper-gold porphyry project in British Columbia's Babine belt were completed to 515 and 464 metres in July and August, before the program was paused. Hole EXC26-001 intersected 515 metres of variably intense hydrothermal alteration and pyrite-dominant disseminated mineralization with minor chalcopyrite and molybdenite; EXC26-002, collared 948 metres north-east, showed silicification and patchy potassic alteration. Assays from ALS Minerals are outstanding. The Company also granted 400,000 options at $0.15 to a director.
Channel sampling at the newly identified Rickirb gold zone on the Dominion project in Newfoundland returned grades up to 30.53 g/t Au, with three trenches sampled over an intermittent strike length of over 210 m that remains open to the northeast and southwest. Results include 2.0 m of 8.00 g/t Au including 0.5 m of 30.53 g/t Au and 11.2 m of 1.80 g/t Au including 3.0 m of 6.36 g/t Au in Trench #1, 3.7 m of 4.20 g/t Au including 0.9 m of 15.29 g/t Au in Trench #2, and 5.7 m of 1.85 g/t Au in Trench #3; intervals are estimated at 80-95% of true width.
Drill hole GD-26-462 at the Surebet discovery on the Golddigger Property, Golden Triangle, British Columbia, returned 26.80 g/t Au over 2.30 meters within 14.28 g/t Au over 4.32 meters in the volcanic Wedge Zone, plus 20.45 g/t Au over 1.65 meters within 9.31 g/t Au over 3.65 meters in the Golden Gate Zone (AuEq assays pending). GD-26-417 returned 0.55 g/t AuEq over 58.00 meters, GD-26-425 1.02 g/t AuEq over 23.20 meters, and GD-26-440 0.66 g/t Au over 24.97 meters. The Surebet footprint now totals 2.01 km2, and the fully funded 2026 program comprises about 50,000 meters with 7 rigs.
Peruvian subsidiary Sombrero Minerales S.A.C. has signed an agreement with AK Drilling International S.A. for the Phase 2 drill program at the Sombrero copper-gold project in Ayacucho, Peru, committing to a minimum of 5,000 metres of diamond drilling, subject to receipt of start-of-activities authorization from Peru's Ministry of Energy and Mines, anticipated in the coming months. Drilling is expected to begin at Fierrazo, followed by targets in the Ccascabamba and Tipicancha areas and Huachana. The initial stages are funded by C$6.5 million raised in two recent financings.
Eight diamond drill holes totalling 2,955 m from underground resource expansion drilling at the True North Gold Project in southeast Manitoba returned 10.73 g/t Au over 8.90 m (including 16.12 g/t Au over 5.40 m and 49.50 g/t Au over 0.80 m) in UG16-26-072 and 50.61 g/t Au over 1.60 m in UG16-26-076, confirming a link between the L10 and 710-711 zones outside the 2024 MRE. A global resource update including Ogama-Rockland is expected in Q4/2026. The Auramet loan agreement was amended effective September 4, 2026, extending the Tranche 2 availability period to December 4, 2026 and adding a fully funded cost-to-completion condition.
Drill results from eight new holes at the ML Project, Yukon, include hole ML26-046 at the TESS Zone returning 14.72 g/t Au, 47.72 g/t Ag and 1.81% Cu over 2.10m from 43.35m; 24.17 g/t Au, 31.64 g/t Ag and 1.62% Cu over 3.50m from 67.60m; and 5.05 g/t Au, 29.25 g/t Ag and 1.16% Cu over 27.35m from 123.75m. Hole ML26-051 returned 6.44 g/t Au over 21m from 73.70m. A total of 94 holes for 18,805m have been drilled; assays are pending for 49 holes.
All permits have been received for the first drill program at the 100%-owned, 22,500-hectare Esperanza copper-gold-molybdenum project in southern Peru, with the first hole expected to be collared September 18, 2026. The program comprises approximately 3,000 metres of diamond drilling in seven holes: four holes to a maximum 150 metres testing a 300 m x 700 m copper oxide zone, and three 800-metre holes testing the porphyry target beneath a 5.0 km x 2.5 km magnetic anomaly.
An expanded drill program at the 100%-owned Fremont Gold Mine in Mariposa County, California will add four drill pads — PT-J 011, PT-J 012, HGD-002 and HGD-003 — through an amendment to the previously approved Authorized Use Permit. PT-J 011 and PT-J 012 are metallurgical core holes collecting PQ-diameter core for recovery mapping and geometallurgical domain modeling, while HGD-002 and HGD-003 are vertical hydrogeological holes for in-situ permeability testing and monitoring, and will also test subsurface targets in areas lacking historical drilling.
Drilling at the Altar copper-gold project in San Juan, Argentina returned 1,257.30 m of 0.66% CuEq (0.62% Cu, 0.05 g/t Au, 1.94 g/t Ag) from 135.70 m in hole ALD-26-267, including 513 m of 1.06% CuEq and 214 m of 1.57% CuEq. Other holes returned 1,323.20 m of 0.50% CuEq, 939.30 m of 0.58% CuEq, 1,354 m of 0.41% CuEq and 1,336 m of 0.38% CuEq. Assay delays push the updated resource estimate to October 2026; the pre-feasibility study remains Q2/Q3 2027.
Drilling at the Upper Antino-West Zone of the Antino Gold Project in southeastern Suriname returned 27.0 m of 20.38 g/t gold from 100.0 m in hole FR251, including 10.0 m of 43.26 g/t Au, while FR250 returned 14.0 m of 1.63 g/t Au from 119.0 m, including 2.0 m of 9.86 g/t Au. The West Zone lies 1.2 km west of the Froyo Zone; five follow-up holes are complete and drilling continues. The acquisition of Nana Resources' remaining 30% interest in Lawa Gold N.V. is expected to close in the near term.
Drilling at the Duquesne West Project near Rouyn-Noranda, Quebec returned 24.1 m grading 2.6 g/t Au in hole DQ26-52, including 7.1 m of 7.5 g/t Au from 45.2 m at 35 m vertical depth, and 14.3 m grading 2.2 g/t Au in DQ26-53, including 4.0 m of 7.4 g/t Au from 50 m. Assays have now been received for 42 of 66 holes, or 61% of the 20,479 m drilled in 2026. The project hosts an inferred resource of 26.9 Mt at 1.69 g/t Au for 1.46 Moz, with a PEA planned.
Drill hole KLM26-030 at the North Zone of the Mirado deposit, part of the KL South Project 18 km south of Kirkland Lake, Ontario, returned 7.24 g/t Au over 11.10 m from 353.00 m, including 25.85 g/t Au over 3.00 m, at the Mirado Fault beneath the historical deposit, along with multiple broader lower-grade intervals closer to surface. The hole is the northernmost drilled to date and extends the stacked, steeply dipping gold mineralization of the North Zone an additional 125 m, with the Mirado Fault now bearing high-grade gold 180 m along strike from hole KLM26-006 (2.46 g/t Au over 14.70 m including 12.52 g/t Au over 1.80 m).
A permit application for the Macraes Phase 4 Project was lodged on September 9, 2026 under New Zealand's Fast-track Approvals Act 2024, seeking to extend mine life at Macraes, Otago, from the current 2032 reserve life to the late 2030s, with full permitting expected by mid-2027 subject to appeals. MP4 covers Southern Pit Innes Mills, Golden Point Underground extensions and open pit cutbacks, targeting production above 100,000 ounces per year. Drill results include 25.0 m @ 0.8 g/t Au at Innes Mills, 12.0 m @ 2.1 g/t Au at GPUG and 14.0 m @ 2.5 g/t Au at Nunns, from a 60,000 m program costing US$13 million in 2026.
Eleven grab samples from an exposure at the Hyndman Property in the Dryden District of Northwestern Ontario returned gold values up to 31.20 g/t, with additional results of 18.10 g/t, 5.38 g/t and 1.11 g/t. The property hosts a 12 km by 2.5 km gold-in-till anomaly corridor tracking the interpreted Wabigoon Deformation Zone. The 2026 field program, which began in May 2026, includes heavy mineral concentrate sampling that is about 86% complete and scheduled for completion October 1, 2026, with drilling planned this fall.
Prospecting at the Schist target on the optioned CD gold–copper porphyry project in Yukon's Dawson Range returned up to 5.6 g/t gold in weathered breccia vein material, with over 10% of 41 prospecting samples exceeding 1.0 g/t gold and soils up to 0.141 ppm gold. Mapping at the Maloney target identified feldspar porphyry dykes with disseminated copper, phyllic and potassic alteration, and coincident IP, magnetic and soil anomalies. A 2,500 to 3,000 metre diamond drill program is planned for early 2027, with MobileMT survey results pending.
92 air core holes totalling 16,434 metres have been completed at the Trangie Project in New South Wales under the AngloGold Ashanti Exploration Agreement, with six holes remaining; assays are pending and will guide deeper diamond drilling. Drilling targeted areas around earlier holes that returned 54.37 metres at 0.37 g/t gold and 0.07% copper, and 3.0 metres at 7.72 g/t gold. At the Endurance Project in the Northern Territory, 474 gravity measurements were completed over the Bigeye and Barreleye targets and a 32 line-kilometre IP-MT survey, co-funded by an AUD$80,000 Northern Territory Government grant, is underway.
Four additional holes from pad DF-F at the Dragonfly Zone of the 100%-owned Mojave Project in Inyo County, California returned 27.43m of 4.08 g/t Au from 82.30m (including 15.24m of 5.30 g/t Au) in DF26-023, 3.05m of 17.55 g/t Au from 62.48m plus 28.95m of 2.03 g/t Au in DF26-024, 32.01m of 2.02 g/t Au in DF26-021 and 33.53m of 1.63 g/t Au in DF26-022. The pad was collared 40m west of 2020 hole DF20-002. 23 holes totalling 4,182m of a 14,000m program are complete, with 16 holes pending and drilling underway at Newmont.
Maiden diamond drilling at the 100%-owned Halahila VMS project in Saudi Arabia returned 16.5 metres averaging 2.23% zinc, 25.0 g/t silver, 0.43 g/t gold and 0.42% copper in hole HAL26DD013, 14.7 metres of 2.64% zinc, 15.07 g/t silver, 0.52 g/t gold and 0.24% copper in HAL26DD012, and 14.05 metres of 1.45% zinc in HAL26DD001. Nine of 13 holes in the 2,522-metre program hit sulphide mineralization, tested from about 35 to 200 metres down dip. Follow-up step-out drilling and downhole EM are under consideration.
Drilling at the Thundermine target on the Matagami Mining District Property in Québec returned 138.87 g/t gold over 4.45 metres in hole TH-26-08, including 629.15 g/t Au over 0.85 metres and 236.95 g/t Au over 0.35 metres. Hole TH-26-05 returned 0.57 g/t Au over 180.4 metres, including 10.52 g/t Au over 2.70 metres. All 10 summer holes intersected the targeted tonalitic intrusive, with visible gold in seven; assays from seven holes are pending.
Phase 2A drilling at the Union Project in northwest Sonora, Mexico returned 14.60 m of 0.45 g/t Au Eq from 1.0 m, including 4.60 m of 1.09 g/t Au Eq from 8.00 m, in hole UND26-015 at Union Norte, and 9.10 m of 0.76 g/t Au Eq from 1.90 m, including 1.5 m of 3.38 g/t Au Eq, in UND26-014. Seven holes totaling 530.1 metres were completed. An IP survey at Luis Hill outlined a chargeability anomaly over 1 km along strike. Phase 2B drilling is planned after the monsoon season ends in early October 2026, with a reverse-circulation contractor under evaluation. Questcorp Mining Inc. is earning into the project under an option agreement.
First 2026 drill assays from the Blueberry Contact Zone at the Scottie Gold Mine Project, 35 km north of Stewart, BC, include hole SR26-492 with 9.7 g/t gold over 18.00 m (including 40.4 g/t over 2.0 m) and a further 15.9 g/t over 2.0 m, SR26-489 with 26.2 g/t over 2.45 m, and SR26-490 with 14.6 g/t over 2.45 m. Over 40,000 m in 160 holes is complete, with 52,000–56,000 m planned and eight drills turning.
A 30,000 m combined reverse circulation and core drill program will begin this month at the Gold Chain project in Arizona, targeting expansion of the NE Tyro and Tyro Main zones at depth and along strike, plus Black Dyke, Sheep Trail, Bull 8 and the Frisco Graben. A maiden resource estimate, based on the 20,696 m drilled to date at Tyro, is pending. Shareholders approved a DSU/RSU plan on August 20, 2026, covering up to 13,708,176 shares, and Equedia was engaged for three months for $500,000.
Drillhole PVD15 at the Providencia target on the Cármenes Project in northern Spain returned 15 meters grading 3.90 g/t gold, 0.04% copper, 0.11% nickel and 0.12% cobalt from surface, including 8 meters of 6.79 g/t gold with 0.50 g/t platinum and 0.28 g/t palladium, and 1 meter of 18.55 g/t gold. Results were reported for holes PVD11–PVD15; PVD11 returned no significant results. Expanded soil sampling identified a new copper anomaly 400–800 meters southwest of Providencia, with gold assays pending. Phase 3 drilling was expanded from eight to 12 holes, with three remaining.
A near-surface, nickel- and copper sulphide-bearing mafic-ultramafic intrusion has been discovered at the Osprey target on the Voyageur Project in Michigan's Upper Peninsula, about 65 km west of the Eagle mine. Three of four diamond drill holes testing a blind geophysical target intersected the intrusion, documented at up to 50 metres thick across three phases, with a basal coarse-grained peridotite locally containing 3-8% magmatic sulphides. Assays, geochemistry and petrography are pending; the drill rig has moved to Target 2.
New assay results from the 2026 drill program at the Tahuehueto gold-silver mine in Durango, Mexico include the first surface hole at the Catorce Zone since 2008, DDH26-RCE-01, returning 9.9 m of 5.39 g/t AuEq from 199.5 m, including 1.0 m of 27.56 g/t AuEq. Creston Vein intercepts include 6.2 m of 6.37 g/t AuEq in DDH26-248 and 3.4 m of 4.77 g/t AuEq in DDH26-249; all 14 holes below Level 20 hit the vein. Perdido hole TRT26-07 returned 0.9 m of 7.60 g/t AuEq.
Drilling at the Auld Creek gold-antimony project in Reefton, New Zealand returned 0.6m @ 136.2 g/t AuEq (82.9 g/t Au & 24.8% Sb) from 237.6m in ACDDH119, 2.9m @ 38.8 g/t AuEq from 226m in ACDDH112, and 32.0m @ 2.4 g/t AuEq from 332m in ACDDH104. Rua Gold completed 19,600m of resource drilling, with assays from 18 holes pending for an updated Mineral Resource estimate in Q4 2026. A Fast-Track Approvals application is planned for October 2026 and a PFS in December 2026. Darren Prins was appointed Interim CFO and Corporate Secretary.
Phase one drilling at the Span Prospect, about 2 km northeast of the Moss Gold Deposit's eastern edge in Northwest Ontario, returned 40.4m of 2.05 g/t Au from 343.6m in MSD-26-404, including 24.05m of 3.17 g/t Au from 345.95m. The 11-hole, 4,581m program also intersected a parallel shear in a narrow diorite with 5.0m of 5.34 g/t Au from 161.0m (including 2.0m of 12.7 g/t Au) and 11.0m of 1.22 g/t Au from 233m. A follow-up program with a third drill contractor is expected to start this month.
A 9,000 metre diamond drill program has begun at the Smart Creek copper porphyry project in Montana, a joint venture in which Rio Tinto holds 40%. The fully funded program covers an estimated 6-8 holes of 600m-800m at the Smart Creek and Sunrise Mine targets, drilled by KP Drilling of Arizona, with first assay results expected 6-8 weeks after the start. A webinar update is scheduled for September 16, 2026.
Approximately 10,000 meters of infill reverse circulation drilling in 100 holes has been completed at the Mercur Gold Project in Utah, aimed at upgrading Inferred Mineral Resources to Measured and Indicated for a Preliminary Feasibility Study targeted for the end of Q1 2027. Results from a further seventeen holes include 1.82 g/T gold over 29.0 meters in RM26-180, 1.32 g/T over 45.7 meters in RM26-193 and 0.90 g/T over 54.9 meters in RM26-201. Three rigs continue drilling toward about 18,000 meters this year.
Drilling at the Auld Creek Gold-Antimony Project in New Zealand's Reefton Goldfield returned 2.7m @ 7.6 g/t AuEq (1.8 g/t Au & 2.7% Sb) from 269m and 0.9m @ 6.4 g/t Au from 77m in ACDDH073, 10.1m @ 2.2 g/t AuEq from 331m in ACDDH075, and 2.9m @ 5.6 g/t Au (incl 0.9m @ 15.9 Au) from 194m in ACDDH078. About 10,000 metres of the planned 19,000-metre program is complete, with the Pre-Feasibility Study due Q4 2026 and a Fast-Track Referral decision expected July 2026.
Assays from the maiden 10-hole, 1,242-metre diamond drill program at the 100%-owned Safra VMS Project in Saudi Arabia included 39.0 metres averaging 1.38% copper and 0.84% zinc in hole SAF26DD008, and 19.42 metres averaging 1.17% copper, 2.59% zinc and 22.35 g/t silver in SAF26DD005, which also returned 13.0 metres of 0.49% copper, 1.77% zinc, 1.64% lead, 69.17 g/t silver and 0.61 g/t gold. All seven Safra Main holes were mineralized. Results from 13 holes totalling 2,521 metres at Halahila are expected shortly.
Drilling has started on the 2026 fall program at the 100%-owned Key Extension project in the southeastern Athabasca Basin, Saskatchewan, located about 15 km south of the Key Lake Mine and Mill. One diamond drill will complete an estimated 6 to 10 drillholes targeting ground up-ice of the Orchid Lake boulder field, where historical boulder grab samples reported up to 0.13% uranium, and a western conductive trend spanning over 10 kilometres. Completion is expected in late October, with winter program assays pending.
The 2026 drill program at the Taylor Gold-Silver Project in White Pine County, Nevada has been completed, with 15 reverse-circulation holes totaling approximately 4,400 metres. Samples have been submitted for laboratory analysis and assay results are pending, with results to be reported as received. The drill rig is being mobilized to the Eastside Project near Tonopah, Nevada, where an approximately 3,700-metre RC program at Target Pente is expected to commence shortly.
Drilling at the Wilcorp Property, 12 km east of Atikokan, Ontario, comprising 7 holes totaling 807 meters, returned 3.96 g/t gold over 2.28 meters, including 11.4 g/t gold over 0.69 meters, in hole WC-26-03 at the Eagle Prospect. Hole WC-26-04 intersected 1.7 g/t Au over 2.15 meters and 1.53 g/t Au over 1.0 meters, confirming two gold zones beneath historical trenches. Bold also noted the start of Ring of Fire road construction, where it holds a 10% carried interest in the Black Horse Chromite Deposit.
Drilling has commenced at the Thor's Valley gold project in Iceland, Aurania Resources (TSXV: ARU; OTCQB: AUIAF; Frankfurt: 20Q) reported on September 8, 2026. No further details of the program were included in the available text.
All 85 sonic drill holes from the maiden tailings characterization program at the wholly owned Langis Silver Project in Ontario's Cobalt camp returned silver-mineralized tailings, with a length-weighted average of 61.7 g/t silver over 119.5 m intersected and a median hole grade of 56.0 g/t. The best hole, LT-26-051, averaged 311.7 g/t silver over 1.53 m, including 810 g/t over 0.50 m; six holes exceeded 100 g/t. Metallurgical test work and mineral resource estimate modelling are underway, with follow-up drilling planned in two undrilled areas.
Drilling at the Rhosgobel deposit on the 100%-owned RC Gold Project in Yukon returned 256.9 m of 0.84 g/t gold in hole DDRCRG-26-071, including 159.2 m of 1.14 g/t and 7.3 m of 8.89 g/t gold, while hole DDRCRG-26-059 cut 43.5 m of 1.29 g/t within 217.9 m of 0.52 g/t and hole DDRCRG-26-063 cut 13.9 m of 0.383% WO3. Mineralization now extends 350 m east of 2025 drilling across a 1.6 km strike. About 45,000 m in 101 holes has been completed of a planned 60,000 m 2026 program, with seven rigs turning.
Drilling at the Supreme prospect in the Reefton Goldfield, New Zealand returned 0.9m @ 26.9g/t Au from 178m in SPDDH003 and 3.1m @ 3.2g/t Au from 202m plus 7.0m @ 1.2g/t Au from 230m in SPDDH002, extending the down-plunge extent of the resource from 250m to 400m and to roughly 230m depth. Supreme holds an Inferred Mineral Resource of 1.46Mt @ 1.96g/t, containing 92koz Au. At Caledonian, 1,579m of diamond drilling returned 4.0m @ 6.9g/t Au from 265m, including 1m @ 11.5g/t Au.
Assay results from drillholes CB-229 and CB-230 at the Cotabambas copper-gold-silver project in Peru's Apurimac region returned 303.30 m grading 0.14% Cu, 0.13 g/t Au, 1.30 g/t Ag and 0.0020% Mo (0.29% CuEq) from 349.90 m in CB-229, including 69.90 m at 0.52% CuEq, and 808.15 m grading 0.22% Cu, 0.10 g/t Au, 1.53 g/t Ag and 0.0037% Mo from 296.35 m in CB-230, including 48.10 m at 0.76% CuEq. Endo-skarn mineralization was intersected over about 34 m. Drillholes CB-231, 232 and 233 have commenced; a conference call is set for September 8, 2026.
Resource updates and study results
An updated feasibility study for the mine and mill stage of the PAK Lithium Project in northwestern Ontario has been awarded to DRA Americas Inc., with completion targeted for the first quarter of 2027. The update will incorporate work completed since the 2025 Feasibility Study, including value engineering results, and assess refinements to process design, mass and water balance modelling, geotechnical investigations, operating assumptions and throughput scenarios, along with ongoing engineering, permitting and infrastructure planning.
A preliminary economic assessment for the 100%-owned Auld Creek gold-antimony project in the Reefton Goldfield, New Zealand, shows an after-tax NPV5% of US$42 million and 17% IRR with 3.3-year payback at US$3,300/oz gold and US$27,000/t antimony, rising to US$113 million and 36% at US$4,700/oz gold. Initial capital is US$133 million, with average annual production of ~27koz AuEq over 5.5 years, LOM 147koz AuEq, cash costs US$1,400/oz and AISC US$1,850/oz. A 19,000m drill program is underway, a Fast-Track Referral Application has been submitted, and a prefeasibility study is targeted for Q4 2026.
A Preliminary Economic Assessment technical report has been filed on SEDAR+ for the Auld Creek gold-antimony project in the Reefton Goldfield, West Coast of New Zealand. The final Mineable Stope Optimiser set in Table 14-21 of the PEA differs materially from the Mineral Resource Estimate released 5 May 2026, showing a -22–27% change in AuEq ounces due to additional geotechnical, engineering and economic factors, including partial extraction of a crown pillar, to meet reasonable prospects for eventual economic extraction at the PEA level.
Technical reports filed this week
No NI 43-101 or PEA document filed this week. 61 reports are identified and processing; see the week ahead.
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 11, 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 | $0.050 | -50.0% | $1.9M | Private Placement of Oct 30 · Warrant radar ↗ |
| Solstice Gold CorporationSGC | Oct 31 | $0.10 | $0.100 | 0.0% | $611K | Private Placement of Oct 31 · Warrant radar ↗ |
Corporate
The U.S. Bankruptcy Court for the District of Montana approved the Section 363 sale of Montana Tunnels Mining, Inc.'s Jefferson County Metallurgical Complex to Silver Bow Mining and subsidiary Silver Bow Tunnels Corp. on September 4, 2026, and the initial closing under the August 24, 2026 asset purchase agreement is complete. Silver Bow funded about US$28.58 million into escrow for creditor obligations, including roughly US$4.27 million to Jefferson County and US$20.78 million to the Montana Department of Environmental Quality. Ownership transfers only at final closing, subject to shareholder and NYSE American approvals.
Most researched new
Themes
Porphyry and magmatic sulphide discovery announcements drove three of the four positively returning top developments this week, suggesting elevated junior market sensitivity to early-stage discovery narratives.