Junior Mining Intelligence · Friday snapshot
GoldVenture Weekly
Week ending October 23, 2026 · 388 companies tracked, 374 priced
Gold fell 4.05% week-on-week to $3,998.50/oz, the dominant metal move of the period, while silver dropped 5.45% and palladium declined 6.29%; nickel was the sole gainer, rising 4.07% to $15,995/T. Across 374 junior miners tracked, only 9.9% of companies advanced and the median return was -7.64%, deteriorating from 13.1% up and a -5.64% median the prior week; the silver cohort was the weakest, with a -10.78% median return and zero companies up, while the gold cohort was the strongest relative performer at a -6.85% median and 11.4% up. The JMI Junior Mining Index—new this month, set at 1,000 on March 2, 2026—closed at 672.033222, down 7.4856973144268615% on the week, with the JMI Silver sub-index posting a steeper decline of 11.645074303130814% to 565.20387; drill-result releases were the most notable catalyst class among the week's top developments.
What changed: breadth 9.9% up vs 13.1% last week; median -7.6% vs -5.6%; 3 deals for $18.0M vs 1 for $1.9M; 51 material releases vs 48.
Top developments
DSV (Discovery Silver Corp.) fell 13.26% for the week in a window that included the release of "Drilling at Dome Continues to Confirm Large-Scale, Open-Pit Potential; New, High-Gra..." on 2026-10-20 (day return -1.14%, next-day return +1.07%) and "Discovery Announces Details of Third Quarter 2026 Results Conference Call and Webcas..." on 2026-10-21 (day return +1.07%, next-day return -8.55%). Release ↗
EQX (Equinox Gold) declined 10.29% for the week; the company published no news release in the window and there is no clear company catalyst.
SCLT (Searchlight Resources) gained 57.14% for the week; the company published no news release in the window and there is no clear company catalyst.
FVI (Fortuna Mining Corp.) fell 15.25% for the week in a window that included "Fortuna intersects 0.96 g/t gold over 350 meters at the Lindero Mine, Argentina" on 2026-10-20 (day return -2.41%, next-day return -0.34%) and "Fortuna to release third quarter 2026 financial results on November 4, 2026; Conference call at 12 p.m. Eastern time on November 5, 2026" on 2026-10-22 (day return -8.13%, next-day return -3.68%). Release ↗
SRAN (Sranan Gold) gained 23.08% for the week in a window that included "Sranan Gold Reports 3-Metre Channel Sample Grading 20.89 g/t Gold at Lawatino's 101 Zone" on 2026-10-22 (day return +16.67%, next-day return +14.29%). Release ↗
Sector cohorts new
| Cohort | n | Median move | Median | % up | Metal wk | Best · worst |
|---|---|---|---|---|---|---|
| Gold last wk -5.5% | 228 | -6.8% | 11.4% | -4.05% | SCLT +57.1% · QIM -43.9% | |
| Copper last wk -6.3% | 45 | -8.7% | 4.4% | -0.91% | ECU +3.9% · STCU -21.4% | |
| Silver last wk -7.5% | 24 | -10.8% | 0% | -5.45% | AFF 0.0% · APGO -21.1% | |
| Lithium last wk -11.4% | 13 | -7.3% | 7.7% | -2.57% | PMI +1.6% · BRW -20.0% | |
| Nickel last wk -2.8% | 8 | -7.3% | 12.5% | +4.07% | NICN +4.3% · NNX -20.0% | |
| Uranium last wk -3.8% | 8 | -8.6% | 12.5% | +0.17% | ABA +12.5% · PTU -25.0% |
By exchange: CSE 14.3% up, median -6.3% (n=49) · TSX 1.9% up, median -8.4% (n=53) · TSXV 10.6% up, median -7.7% (n=265)
Metals
JMI indexes new
New this month: the JMI indexes are price indexes of Canadian junior miners on the TSX, TSX-V and CSE, one for the whole universe and one per commodity, built from the platform's own closes and set to 1,000 on March 2, 2026. Membership is reviewed each quarter; a company's profile now shows its return against its own index. Levels, members and changes.
Price indexes in Canadian dollars from the platform's own closes; how they are built.
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 |
|---|---|---|---|---|---|---|---|---|
| Kenorland Minerals Ltd. KLD Gold | Private Placement | $11.0M | $2.10 mkt $2.12 | -0.9% | 6.5% | none | Nov 3 | announced |
| NiCan Ltd NICN Nickel | Private Placement | $4.0M | $0.17 mkt $0.12 | +45.8% | 17.2% | none | Nov 10 | announced |
| Cassiar Gold GLDC Gold | Private Placement | $3.0M | $0.35 mkt $0.29 | +18.6% | 2.7% | $0.50 to Nov 4 | Nov 4 | announced |
2 flagged releases still awaiting review, so totals are a floor.
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.
| Silverco MiningSICO | 1 buy · 1 insider | +C$300K |
| Kirkland Lake Discoveries Corp.KLDC | 1 buy · 1 insider | +C$63K |
| Arizona Gold & SilverAZS | 1 buy · 1 insider | +C$51K |
4 more net buyers this week on the insider board.
Cluster buying: Silverco Mining (4 insiders, C$4.05M).
Net sellers
Open-market sales; option exercises followed by a sale count only for the sale.
| New Pacific Metals Corp.NUAG | 1 sell · 1 insider | −C$465K |
| Amerigo Resources Ltd.ARG | 6 sells · 1 insider | −C$240K |
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.
Showing the 25 nearest of 60 deadlines.
35 companies are past a filing deadline with nothing found on their site yet.
Drill and discovery board new
Drill results
SLAM Exploration has mobilized its drill team to the Moose Lake Gold-Antimony-Silver Project in New Brunswick after completing its Goodwin campaign. Two NQ diamond holes, ML26-01 (77.0 meters) and ML26-02 (147.5 meters), totaling 224.5 meters, were drilled beneath antimony-bearing trenches along the Moose Lake Fault Zone, with assay results pending.
Minaurum Silver reports the discovery of the Africa vein zone, a previously unrecognized blind vein at its Alamos Silver Project in Sonora, Mexico, with hole AL26-268 returning 669 g/t AgEq over 2.05 metres. Resource-expansion drilling also returned 367 g/t AgEq over 2.65 metres at Europa Sur, part of the ongoing Phase II, 50,000-metre program.
Aztec Minerals reports results from nine reverse circulation drill holes (TR26-45 to TR26-53) at its Tombstone Property in southeastern Arizona, all of which intersected oxide gold-silver mineralization. Hole TR26-45 returned 115.8 m averaging 0.52 g/t Au and 8.11 g/t Ag (0.67 g/t AuEq) from 51.8 m, and the western step-outs extend the known oxide footprint about 190 m west of the North Extension. The maiden Mineral Resource Estimate is expected in November 2026, with assays pending for 22 further holes.
Canagold Resources has reported assay results from three additional holes (NP26-07, NP26-08 and NP26-09) in its 14-hole, 7,277 m drilling program at the New Polaris Gold Project in northwestern British Columbia. The highlight is 52.8 g/t Au and 0.83% Sb over 4.64 m from 503 m down hole in NP26-08, including 69.8 g/t Au and 0.13% Sb over 2.64 m.
Scottie Resources reported further drill assays from its 2026 program at the Blueberry Contact Zone within the Scottie Gold Mine Project, 35 kilometres north of Stewart, BC. Hole SR26-509 returned 27.9 g/t gold over 4.15 m, including 65.0 g/t gold over 1.65 m, at the Lemoffe 1 vein, and hole SR26-504 returned 51.6 g/t gold over 2.25 m, including 84.1 g/t gold over 1.25 m, at the Fifi vein zone.
Fitzroy Minerals reports results of an integrated seismic and machine-learning targeting study, completed with Fleet Space Technologies, at its Buen Retiro Copper Project near Copiapó, Chile. The model identified nine new, untested target areas within 400 metres of surface, and Fitzroy has started a 5,000-metre diamond and RC drilling program to test them.
Liberty Gold reported initial assays from the 2026 drill program at its Black Pine Oxide Gold Project in Idaho, USA, completing two phases of the planned 50,000 m RC program. Highlights include 0.42 g/t Au over 62.5 m in LBP1341A, 0.36 g/t Au over 144.8 m in LBP1347, and 0.30 g/t Au over 91.4 m in LBP1293. Results also covered the Legacy Rock Storage facilities, including 0.86 g/t Au over 59.4 m in BP26BF_CD039.
Sranan Gold reports a 3-metre channel sample from trench 26LACH-008 at the 101 Zone on its Lawatino Gold Project in southeastern Suriname grading 20.89 g/t gold, including 1 metre grading 55.04 g/t gold. Grab samples from the 101 Zone also returned up to 57.58 g/t gold, and the company plans to start mobilizing drilling equipment to Lawatino in early 2027.
Drilling at the Santa Ana silver project in Tolima, Colombia returned 1.37 m (0.74 m ETW) grading 1,084 g/t AgEq, including 0.30 m (0.16 m ETW) at 4,725 g/t AgEq, in hole DH687 on the newly delineated Cascada vein, subparallel to and in the footwall of Alaska. Results and interpretation indicate Alaska is the northern continuation of the Santa Ana structure, extending strike length to nearly 3 kilometres, with intercepts of 3.43 m (1.26 m ETW) at 307 g/t AgEq (DH665) and 8.39 m (3.61 m ETW) at 241 g/t AgEq (DH685). Four rigs are drilling, with assays pending.
Rock chip sampling at the Mattie Gold Target, 3.25 km south of the Ringo Zone at the Corral Copper Project in Cochise County, Arizona, returned results including 21.0 g/t gold and 195 g/t silver from 148 samples, with gold-bearing samples over an area of roughly 1,550 m by 1,100 m; about 800 soil samples remain pending. Four holes totalling 1,725.17 m were completed at the Holliday Zone and the drill has moved to Ringo. Intrepid also retained Oak Hill Financial for investor relations at $12,000 monthly for an initial six months, subject to TSXV approval.
Final assay results from seven additional drillholes at the Duquesne West Project in Quebec include DQ26-51 with 26.3 m grading 1.0 g/t Au from about 40 m vertical depth, including 2.0 m at 4.3 g/t Au, and DQ26-22 with 19.2 m at 1.2 g/t Au, including 6.3 m at 2.8 g/t Au. Results have been reported for 51 of 66 holes, with 15 pending. An additional 3,000–5,000 m of fully funded diamond drilling is planned, alongside selective overburden stripping and grade-control drilling within a conceptual Phase 1 open pit to support a possible updated resource estimate and PEA.
Partial assays from GCD001, the first drill hole at Goldenclad (ML960, ML1092 and GL3694) at the Spur Project in New South Wales, returned 83 m @ 1.27 g/t Au from 6 m, including 42 m @ 2.23 g/t Au from 12 m, 6 m @ 3.75 g/t Au from 26 m and 8 m @ 4.83 g/t Au from 46 m. Results cover the upper 100 m only, with the hole continuing towards about 500 m depth. Goldenclad sits about 1 km along strike from the Consols Zone, and a second hole, GCD002, has been collared.
Drilling at the White Gold Project in Yukon returned 1.47 g/t Au over 38.08 m from 397.12 m in hole WHTGS26D0219 at Golden Saddle, including 5.13 g/t Au over 7.88 m and 10.48 g/t Au over 2.88 m, extending the Main Zone high-grade core about 50 m west at 300 m vertical depth. At VG, hole QV26-026 cut 2.53 g/t Au over 18.90 m from 172.10 m and QV26-024 cut 0.71 g/t Au over 38.45 m, extending mineralization from roughly 230 m to 320 m down-plunge over about 150 m of strike. Assays are pending from 49 additional holes.
Sampling at the 100%-owned Palta Dorada gold-silver property in Northern Peru returned 20.97 g Au/mt and 10.87 oz Ag/mt from stockpiled sulphide material and 89.50 g Au/mt from a ½-metre composite sample of oxide material in the underground workings on the San Juan Vein. Sulphide extraction is underway 10 metres below the oxide-sulphide transition in the 53-metre shaft, with material to be processed at the 80%-owned Aguila Norte plant. A crosscut to intersect the vein 100 metres southwest is at 25 metres of a projected 50 metres.
A ground gravity survey at the Rangefront Target on the Bellehelen Silver-Gold Project in Nye County, Nevada covered approximately 20 square kilometres over a 6 km by 3.4 km grid with 420 stations at 200 m spacing, completed in September 2026. Results identify a gravity high associated with the Rangefront Fault and subtler features interpreted as fault splays and the Bellehelen Fault intersection, and are being combined with CSAMT, geochemical and geological data to refine drill targets. The Company also granted a director 300,000 incentive stock options on October 19, 2026 at $0.105 per share for five years.
Drilling at the San Antonio project in Sonora, Mexico returned 48.0 metres grading 1.18 g/t Au from surface in hole SOSAP-26-069 at the Luz del Cobre target, about 750 metres east of the Sapuchi resource pit, plus 3.94 g/t Au over 15.0 metres from 12 metres in SOSAP-26-083 and 22.0 metres of 1.62 g/t Au in SOSAP-26-053. Results cover 33 holes and roughly 3,700 metres. Axo also terminated the La Gallina option agreement at La Huerta, Jalisco, retaining the Juanes concession.
Libra Energy Materials reports the remaining assay results from its maiden 22-hole auger drill program at its 100%-owned Penelope Project in Minas Gerais, Brazil. Results from holes PLE-AD-008 through PLE-AD-022 extend near-surface rare earth element enrichment up to approximately 700 m from the Elena target, with hole PLE-AD-021 returning 2.0 m at 1,421 ppm TREO from surface.
Hole DF26-031 returned 83.82m of 3.40 g/t Au from surface, including 48.77m of 4.98 g/t Au from 35.05m and 19.81m of 7.58 g/t Au from 64.01m, at the Dragonfly Zone of the 100%-owned Mojave Project in Inyo County, California. Other holes returned 100.58m of 1.01 g/t Au (DF26-030), 38.10m of 1.38 g/t Au (DF26-029) and 28.95m of 3.11 g/t Au (DF26-032). K2 has drilled 42 holes totalling 8,013m of a 14,000m program, with 27 Newmont Zone holes pending.
Drilling at the Mirado area of the KL South Project, 18 km south of Kirkland Lake, Ontario, returned 73.86 g/t Au over 1.00 m from 219.00 m and 36.43 g/t Au over 1.45 m from 40.55 m at Mirado West, 2.01 g/t Au over 19.00 m at Mirado North, and 7.36 g/t Au over 3.50 m at Mirado South. Following a $20 million financing completed October 8, 2026, a minimum 25,000 m drill program has begun, with 15,000 m at Mirado and 10,000 m on regional targets; assays are pending for 23 holes.
Approximately 12,446 meters of diamond drilling in 60 holes was completed in 2026 at the 100%-owned Klondike District Project in the Dawson Mining District, Yukon, targeting extensions adjacent to the pit-constrained Lone Star MRE; complete assays remain pending, and an updated NI 43-101 Mineral Resource Estimate incorporating 2022-2026 drilling is targeted for the first half of 2027. Cumulative 2026 Montana Creek placer royalty receipts reached 544.14 ounces of flake gold at roughly 82% purity through October 15, 2026, up 238.6 ounces since August 26, 2026, with about 440 ounces at 99.99% purity credited.
Compilation and reinterpretation of geological and geophysical data on the James Bay Niobium project, 45 km south of Moose Factory, Ontario, identified new exploration targets and a possible extension of the Zone 2-3 mineralization, with the mineralized envelope reaching grades up to 2.66% Nb₂O₅. The work was carried out by Ronacher McKenzie Geoscience Inc. of Sudbury. NioBay holds an exploration permit and a mining lease valid until 2028 in the area, covering 25.85 km² plus 66.75 km² of claims.
Initial drilling at the Nagambie gold-antimony project in Victoria returned 3.3g/t gold and 0.7% antimony over 10.6m (ETW 10.4m) from 156.3m in ADD001, including 17.0g/t gold and 5.9% antimony over 1.3m, plus 1.2g/t gold and 2.5% antimony over 9.7m from 306.3m, and 0.6g/t gold and 0.8% antimony over 22.6m from 592.59m in ADD013. Three holes totalling 1,868m have been drilled since June 2026, intercepting the C2 zone 115m below its previously known extent. Alkane is spending $12.5M over three years to earn 60% of Nagambie, with rights to 80%.
Surface channel sampling at the BobJo project, about 85 km east of Red Lake, Ontario, returned 16.2 g/t Au over 5.0 m, including 56.1 g/t Au over 1.4 m, along with 4.0 g/t Au over 12.1 m, 11.2 g/t Au over 1.7 m, 4.3 g/t Au over 4.7 m and 1.2 g/t Au over 19.5 m; grab samples returned 65.3, 63.0, 48.6 and 14.6 g/t Au. Mineralization extends over 100 m north of the historic BobJo shaft. The 2026 Confederation Belt greenfields program is complete, with LP-Uchi corridor results pending and targets being advanced toward drill-readiness for 2027.
Drill hole TM26-221 at the Bench Target on the Tower Mountain Property, 40 km west of Thunder Bay, Ontario, returned 1.178 g/t Au over 102.0 metres and ended in mineralization averaging 0.785 g/t Au over 12.0 metres outside the current optimized pit limit; TM26-220, 200 metres above, returned 0.551 g/t Au over 75.0 metres. Ten infill holes to date averaged roughly 10% above 2026 MRE model-predicted grades, and planned drilling is being increased. A 285 line-kilometre MobileMT airborne survey is to be completed by October 31, 2026, with initial results by November 15.
Drill results from the 100%-owned Ana Paula project in Guerrero, Mexico include 52.4 m grading 5.84 g/t gold from 46.9 m, including 12.6 m at 17.8 g/t, and 24.8 m at 5.14 g/t from 43.0 m in the High Grade Panel, plus Expansion Zone intercepts of 8.0 m at 6.88 g/t from 469.0 m and 3.4 m at 10.64 g/t from 604.9 m. The 2025-2026 infill program totalling 122 holes and 35,121 metres is complete and will support the Feasibility Study. Heliostar also engaged Native Ads Inc. for investor awareness services for up to twelve months at a cost of up to $200,000.
Assay results from core hole LG26-011, the first drill hole targeting the Northeast (NE) Zone at the Baner Gold Mine Property in Idaho County, Idaho, returned six gold zones, including 1.0 g/t gold over 74.5ft (22.7m). The hole was drilled as part of Phase 1 of Legacy Gold's 2026 drill program.
Resource updates and study results
New Found Gold reported a revised Preliminary Economic Assessment (PEA) and updated Mineral Resource Estimate (MRE) for its 100%-owned Queensway Gold Project in Newfoundland and Labrador. The PEA shows an after-tax NPV5% of $1.728 billion and a 126% IRR at US$3,600 per ounce of gold, and the Measured and Indicated Mineral Resource increased 38% to 1.920 Moz Au.
Scoping-level metallurgical testwork by SGS Canada on a single high-grade composite (10.3 g/t Au, 27.6 g/t Ag) from the Trapper Gold Target at the Thorn Project in NW British Columbia returned combined gravity and rougher flotation gold recovery of 97.0%, with gravity recovering 12.3% of gold into a concentrate grading 1,486 g/t Au. Final two infill holes returned 120.00 m of 0.67 g/t gold (THN26-393) and 138.00 m of 0.80 g/t gold (THN26-394). A maiden resource estimate is expected in Q1 2027.
122.4 Mt Indicated at 0.59% TREO, up 116% from 56.6 Mt in February 2026, plus 197.5 Mt Inferred at 0.53% TREO, was estimated by SLR for the Springer rare earth and gallium deposit near Sturgeon Falls, Ontario, effective September 30, 2026. The Indicated high-grade core grew 140% to 27.6 Mt at 1.00% TREO. A first supplementary gallium estimate averages 36 g/t Ga, about 4,427 t in situ Indicated. A PEA is targeted for the first half of 2027.
Locked-cycle flotation testing on mineralization from the 100%-owned Hope Brook Gold Project in Newfoundland produced a concentrate grading approximately 24% copper, 300 g/t gold and 93 g/t silver, with 90.3% copper recovery; leaching of cleaner tails brought overall gold recovery to 88%. Rougher flotation tests showed up to 96.6% gold and 98.6% copper recovery, and gravity testing identified 53.7% gravity-recoverable gold. The work, done at Base Metallurgical Labs under Canenco Consulting, supports a flotation and leaching flowsheet for the company's PEA.
An NI 43-101 technical report dated October 16, 2026 has been filed for the updated mineral resource estimate at the 100%-owned Stillwater West project in Montana, USA, prepared by Mine Technical Services with QPs Timothy O. Kuhl and Dr. Ted Eggleston. The estimate, unchanged from the August 27, 2026 announcement, includes a first Indicated resource of 29.4 Mt grading 0.38% NiTEq and 805.1 Mt grading 0.34% NiTEq Inferred at a 0.20% NiTEq cut-off, plus 6.6 billion pounds of Inferred chromium.
Metallurgical testing on Creek Zone and Finn Zone composites from the JD Project in B.C.'s Toodoggone district returned gold extraction of 98-99% for Creek Zone and 89-95% for Finn Zone using a gravity-leach flowsheet at 150µm, with 93-96% and 90-94% respectively at 250µm. A gravity-flotation-leach flowsheet at 150µm gave overall gold recovery of 95-97% for Creek Zone and about 100% for Finn Zone. The company anticipates an inaugural Mineral Resource Estimate in Q1 2027.
Technical reports filed this week
No NI 43-101 or PEA document filed this week. 28 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.
12 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
4 tranches expiring within 90 days of Oct 23, out of 240 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 | $0.040 | -60.0% | $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 ↗ |
| Orestone Mining Corp.ORS | Dec 16 | $0.16 | $0.070 | -56.2% | $4.5M | Private Placement of Dec 17 · Warrant radar ↗ |
| Puma Exploration Inc.PUMA | Dec 24 | $0.03 | $0.110 | +340.0% | $313K | Private Placement of Dec 24 · Warrant radar ↗ |
Corporate
Brixton Metals announced that the TSX Venture Exchange approved for filing its option agreement with McKnight Resources AB to acquire a 100% interest in the Silvergruvan Property in Hällefors Municipality, Örebro County, Sweden. The option effective date is October 21, 2026. To exercise the option, Brixton must make share issuances totaling $1,500,000 and exploration expenditures totaling $3,300,000 over the option period.
Golden Cariboo Resources has completed the purchase of a 5.36 acre freehold property in Hixon, British Columbia, for a total price of $300,000 CAD, to serve as a camp supporting year-round exploration at its nearby Quesnelle Gold Quartz Mine Property. The property comprises two adjacent lots on Highway 97, and the company has mobilized its Atco 5 unit skid-mounted trailers to the site. Water studies, permitting and septic system engineering for the camp are in progress.
Cerro de Pasco Resources has signed definitive agreements with AMSAC, a Peruvian state-owned company, for the Quiulacocha tailings, including the portion outside its El Metalurgista concession, plus a usufruct of up to 30 years over about 123 hectares of land. The company paid US$6.65 million at closing, which took place on October 20, 2026, and the Transaction remains subject to TSXV acceptance.
An option agreement has been completed with Calu Resources Corp, under which Calu can earn a 100% interest in the Cecilia Project in Sonora, Mexico by making aggregate cash and share payments of C$1,200,000 and funding C$6,650,000 in exploration expenditures over five years; Calu has paid the initial C$50,000. Riverside's subsidiary Ravena Resources will operate the exploration programs for a 10% management fee, and Riverside retains an existing 2.0% NSR royalty.
Final TSX Venture Exchange acceptance has been received for the Yukon copper-gold properties transaction with GGL Resources Corp., first announced July 27, 2026, with disinterested shareholder approvals obtained August 31, 2026 and GGL completing a four-for-one share consolidation. GGL can earn 70% in the Hopper, Kluane, Batt and Moraine properties in southwest Yukon by issuing 1,000,000 post-consolidation shares by October 31, 2026 and spending $10,000,000 by December 31, 2029, then 100% for a further $3,000,000, leaving Strategic a 2% NSR.
Hi-View Resources now holds a 100% interest in its Toodoggone land package in northern British Columbia, totalling more than 30,635 hectares, after issuing a final payment of $200,000 and 434,783 common shares to the vendor, leaving no option payments outstanding. The 2026 work program included 63.78 line-km of induced polarization surveying, a 250 km² MobileMT survey, 3,251 soil samples, 337 rock samples and about 12 km² of mapping across ten target areas. Samples were submitted to ALS Global Laboratory in Vancouver, with assays to be reported once received and verified.
Türker Global Madencilik has delivered written notice, dated October 15, 2026, electing to proceed to closing of its acquisition of Velocity's Tintyava Exploration Assets, including the Rozino gold project in Bulgaria, with closing anticipated on or about December 14, 2026, subject to conditions precedent and funding requirements. The total purchase price is US$55.0 million, of which US$16.5 million has been received, with the remaining US$38.5 million to be placed in escrow before closing. The separate option over the Non-Tintyava Exploration Assets, for an additional US$4.0 million, remains unexercised.
An amendment to the option agreement with a wholly owned subsidiary of Centerra Gold Inc. on the Corvet and Kaanaayaa properties in the Eeyou Istchee James Bay region of Quebec reduces Year 6 minimum exploration expenditures under the second option phase from $1,500,000 to $1,250,000, lowering second-option minimum expenditures from $10,000,000 to $9,750,000 and total expenditures for Centerra to earn up to 70% from $16,000,000 to $15,750,000. Cash payments of up to $850,000 and all other material terms are unchanged, subject to TSX Venture Exchange acceptance.
Most researched new
Themes
Spain appeared as a newly emerging theme across 4 material releases this week, marking its first appearance in the tracked dataset.