Junior Mining Intelligence · Friday snapshot
GoldVenture Weekly
Week ending October 30, 2026 · 389 companies tracked, 374 priced
Silver's -8.7% week-on-week decline was the dominant metal move for the week ending October 30, 2026, with platinum (-7.61%) and gold (-3.03%) also falling sharply while copper held nearly flat at +0.15%. Junior breadth improved but remained deeply negative: 20.6% of the 374 tracked companies advanced (up from 9.9% the prior week) at a median return of -3.55%, compared with -7.64% the prior week, with uranium the strongest commodity cohort (median +5.79%, 75.0% of members up) and silver the weakest (median -6.08%, 16.7% up). The JMI Junior Mining Index, set to 1,000 on March 2, 2026, closed at 645.228046, down -3.9886682864020777% on the week, with JMI Silver declining a steeper -5.521512618093009% and JMI Gold falling -5.065166366098432%; the most notable catalyst class across the week's 55 material releases was exploration drilling news.
What changed: breadth 20.6% up vs 9.9% last week; median -3.5% vs -7.6%; 4 deals for $19.8M vs 3 for $18.0M; 55 material releases vs 51.
Top developments
SAG (Sterling Metals) fell -31.82% for the week, a period in which the company released 'Sterling Metals Announces Board and Management Changes' on October 27 (day return -3.66%, next-day return -6.33%) and 'Sterling Expands Mineralized Footprint to 2km With Near Surface Intercept in 850m Eastern Step Out' on October 28 (day return -6.33%, next-day return -16.22%). Release ↗
ALS (Altius Minerals) fell -5.4% for the week; the company published no news release in the window and there is no clear company catalyst.
SCLT (Searchlight Resources) fell -47.73% for the week; the company published no news release in the window and there is no clear company catalyst.
RBZ (Arya Resources Ltd.) rose +45.83% for the week; the company published no news release in the window and there is no clear company catalyst.
DYG (Dynasty Gold Corp.) fell -26.09% for the week, a period in which the company released 'Dynasty Gold Discovers New Mineralization to 323m at Depth in Pelham and Expands Mineralization to 185m at Depth in South-Pelham at Thundercloud' on October 28 (day return 0.0%, next-day return 0.0%). Release ↗
Sector cohorts new
| Cohort | n | Median move | Median | % up | Metal wk | Best · worst |
|---|---|---|---|---|---|---|
| Gold last wk -6.8% | 227 | -3.9% | 17.6% | -3.03% | QIM +29.7% · SCLT -47.7% | |
| Copper last wk -8.7% | 45 | -4.0% | 24.4% | +0.15% | WLF +37.5% · SAG -31.8% | |
| Silver last wk -10.8% | 24 | -6.1% | 16.7% | -8.70% | RYO +8.0% · AFF -40.0% | |
| Lithium last wk -7.3% | 13 | 0.0% | 23.1% | -0.79% | APX +27.3% · LIBR -20.0% | |
| Nickel last wk -7.3% | 8 | +2.6% | 50% | -2.21% | NNX +25.0% · GT -20.0% | |
| Uranium last wk -8.6% | 8 | +5.8% | 75% | +1.61% | CVV +10.2% · ABA -5.6% |
By exchange: CSE 16.3% up, median -5.0% (n=49) · TSX 21.2% up, median -3.9% (n=52) · TSXV 20.7% up, median -3.2% (n=266)
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 |
|---|---|---|---|---|---|---|---|---|
| Goliath Resources Limited GOT Other | Private Placement | $9.8M | $1.62 mkt $1.17 | +38.5% | 3.4% | none | Oct 30 | closed |
| Brixton Metals BBB Gold | Private Placement | $6.0M | $0.68 mkt $0.54 | +25.9% | 5.1% | none | — | announced |
| Legacy Gold Mines LEGY Other | Private Placement | $3.0M | $0.70 mkt $0.80 | -12.5% | 7.0% | none | — | announced |
| Athena Gold Corporation ATHA Gold | Private Placement | $1.0M | $0.20 mkt $0.20 | 0.0% | 13.9% | $0.25 to Oct 27 | — | announced |
1 flagged release 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.
| Pacifica Silver Corp.PSIL | 2 buys · 1 insider | +C$83K |
| White Gold CorpWGO | 1 buy · 1 insider | +C$47K |
| Revival GoldRVG | 2 buys · 1 insider | +C$32K |
5 more net buyers this week on the insider board.
Cluster buying: Silverco Mining (6 insiders, C$4.11M); NevGold Corp. (2 insiders, C$31K); Angkor Resources Corp (2 insiders, C$13K).
Net sellers
Open-market sales; option exercises followed by a sale count only for the sale.
No net insider selling this week.
Insiders in placements: Red Canyon Resources C$80K (8% 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.
| Company | Filing | Period | Cash | Working capital | |
|---|---|---|---|---|---|
| GoldMining IncGOLD | Interim statements + Interim MD&A | Q3 2026 to Aug 31 | $16.7M CAD | $46.6M | |
| Southern Cross GoldSXGC | Interim statements | Q1 2027 to Aug 31 | $84.0M CAD | $75.6M |
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 64 deadlines.
23 companies are past a filing deadline with nothing found on their site yet.
Two companies filed financial statements during the week; no auditor flagged a material uncertainty about going concern.
Drill and discovery board new
Drill results
Midland Exploration Inc. (TSX-V: MD) reported results from its 2026 summer diamond drilling campaign on the Willbob gold project in the Labrador Trough, with 19 holes totalling 2,994.00 metres. Highlights include drill hole WB-26-046 intersecting 3.53 g/t Au over 11.30 metres in the Pump Pad Ridge area, and WB-26-035 returning 8.31 g/t Au over 0.50 metres in the Ants area. Assays for four holes (WB-26-048 to WB-26-051) are partial, with further results pending.
Luca Mining reported new 2026 exploration assays from its Tahuehueto gold-silver mine in Durango, Mexico, led by 18.7 metres of 6.28 g/t gold equivalent at the Creston Vein in hole TRT26-15, which the company said was wider and higher-grade than previously anticipated and lies in an area scheduled for mining in H1 2027. Additional results were reported from the Catorce Block and Santiago vein.
Midland Exploration (TSX-V: MD) reports results from its 2026 summer diamond drilling campaign on the Willbob gold project in the Labrador Trough, Quebec, where 19 holes totalling 2,994.00 metres were completed. Highlights include 3.53 g/t Au over 11.30 metres at Pump Pad Ridge (hole WB-26-046) and 3.02 g/t Au over 6.45 metres at Ferricrete (WB-26-039). Results for four holes (WB-26-048 to WB-26-051) are pending.
Gladiator Metals reported drill intersections of 36.0m at 2.63% Cu, including 20.0m at 3.61% Cu, at its Cowley prospect in the Whitehorse Copper Belt, expanding the high-grade southern limb. The release is dated October 29, 2026.
Enduro Metals reported on its 2026 exploration season at its 100%-owned Newmont Lake Project in British Columbia's Golden Triangle, following field work that ended in late September. The company extended induced polarization coverage northeast of the Andrei drilling area, completed IP surveys at Southmore and Camp, and identified a new porphyry-style occurrence at FK. Assay results from the Andrei drill program and surface sampling remain pending.
Standard Uranium reports preliminary 2026 prospecting results at its Corvo Uranium Project in northern Saskatchewan, with handheld scintillometer readings of 20,000 to 48,000 cps in outcrop at the Manhattan East showing and a newly discovered showing on the Brooklyn trend reading up to 13,400 cps. Nine outcrop grab samples are at SRC laboratories, and assay results will be released once received and reviewed by the qualified person.
Libra Energy Materials reports Phase 1 field results from its Cisco West and Obamska lithium projects in Québec's Eeyou Istchee James Bay region. Bulk-rock grab samples at Obamska returned up to 739 ppm Li (0.16% Li₂O), and muscovite LIBS data show K/Rb ratios as low as 10.9. Phase 2 assays from the September 2026 program are pending.
Pacifica Silver reported assay results from 27 holes at its 100%-owned Claudia Silver-Gold Project in Durango State, Mexico, including 5.04 m grading 8.72 g/t Au and 49 g/t Ag (799 g/t AgEq) from 104.63 m in hole 26CLAU150D on the Central Vein. The company said the results outline a new high-grade shoot extending about 750 m along strike on the Central Vein and extend the Aguilareña Vein 700 m to the south.
Newcore Gold reports diamond drill results from the Nyam Gold Deposit at its Enchi Gold Project in Ghana, including hole NBDD093 with 2.16 g/t Au over 37.0 m from 205 m, including 5.10 g/t Au over 9.0 m from 233 m. The intersections are below the pits that constrain the Mineral Reserves. The release covers four diamond drill holes totalling 1,192 m.
Scottie Resources reported further high-grade gold drill intercepts from its 2026 program at the Blueberry Contact Zone of the Scottie Gold Mine Project near Stewart, British Columbia. Highlights include 23.1 g/t gold over 7.00 m at Blueberry 3 (hole SR26-526), 20.6 g/t gold over 5.60 m at Fifi 2 (hole SR26-532), and 83.8 g/t gold over 1.60 m at Road 1 (hole SR26-503). The company also said more than 85% of 2026 assays are pending and an updated Mineral Resource Estimate and Feasibility Study are planned for H1 2027.
P2 Gold reports drill results from seven reverse circulation holes along the southern and southwest margins of the Lucky Strike Zone at its Gabbs Project in Nevada, with all but hole GBR-134, which was lost to ground conditions, expanding the zone. Highlights include hole GBR-137 intersecting 0.52 g/t gold and 0.22% copper over 60.96 meters starting at 59.44 meters downhole. The company says the zone is thickening to the south and southwest and remains open in all directions.
Banyan Gold reports six drillholes from the Airstrip Deposit at its AurMac Project in Yukon, Canada, including AX-26-921, which intersected 1.34 g/t Au over 20.2 metres and 1.18 g/t Au over 27.5 metres in the gap between the Airstrip and Powerline Deposits. Results from the other five holes (AX-26-904, -908, -909, -913 and -915) highlight extensions to higher-grade zones in central Airstrip.
Dynasty Gold Corp. reports assay results from its recent diamond drill campaign at the 100%-owned Thundercloud project in the Manitou-Stormy Lakes greenstone belt of Northwest Ontario. Hole DP26-07 extended the Pelham Zone to 323 metres at depth, with five consecutive samples between 315.5 and 323 metres grading up to 6.26 g/t gold. At South-Pelham, the company reports mineralization expanded to 185 metres at depth, with hole DP26-04 intersecting gold from 8 metres down to 185 metres.
Coyote Copper Mines reports an exploration update for its Copper Springs Project in Arizona's Copper Triangle, including rock chip results of 19.25% Cu over 0.60 m at West Gibson and 13.79% Cu over 0.30 m around Gibson. The company staked 214 additional claims, bringing the project to 1,100 claims covering approximately 22,086 acres (89.4 km²), and Major Drilling is scheduled to begin around November 16, 2026.
Sterling Metals reported initial assays from three holes drilled from a new pad about 850m east of its MEPS copper zone at the Soo Copper Project in Ontario, with SC-26-20 returning 206.2m grading 0.28% CuEq from 49.8m to 256.0m. The company says the eastern step-out expands the drilled mineralized footprint to approximately 2km east-west.
White Gold Corp. reports hole QV26-025 at its VG Deposit in Yukon, Canada, returned 2.73 g/t Au over 21.75m, including 4.18 g/t Au over 8.80m, from 259.25m, extending mineralization about 350m down-plunge. Five holes at Ryan's Surprise also extended the stacked lens system about 50m to both the west and east.
Awalé Resources reports step-out diamond drilling at its Charger target in the Odienné Project, Côte d'Ivoire, connecting Charger 1 and Charger 2 over approximately 300 metres of strike. Highlights include 8.7 g/t gold over 25 metres in CHDD-62 (Charger 2) and 7.0 g/t gold over 28 metres in CHDD-52 (Charger 1), with results from a further 33 Charger holes pending.
Nevada King Gold reported assay results from its Rotary Air Blast (RAB) reconnaissance drilling at the East Ridge Target and Silver Park Target within its 100%-owned Atlanta Gold Mine Project in eastern Nevada. Hole AT26ERB-70 intersected 2.58 g/t Au over 29.3m from surface, ending in mineralization, and the RAB drilling is limited to a maximum depth of 30 metres. The Company plans deeper RC drilling to test the mineralized systems at depth.
Sankamap Metals (CSE: SCU) reports discovery of a new hydrothermal gold system about 1,000 metres long at its 100%-owned Fauro Property in the Solomon Islands, based on rock sampling in the northern portion of the property. Rock samples returned gold assays of 18.85 g/t, 9.57 g/t, 9.53 g/t and 5.98 g/t, with molybdenum up to 446 ppm. Only 12% of 1,245 rock samples from the 2026 program have been reported, and the discovery zone has never been drill tested.
Panoro Minerals reported geophysical survey results at Target #7, about 3.5 km west of the proposed North and South pits at its Cotabambas copper/gold/silver project in Peru. The signatures indicate the S2 skarn may extend vertically to depths exceeding 500 m, with width increasing from 50 m at surface to over 200 m at depth. A 17-hole drilling program of 300 m to 400 m is planned across three skarn corridors, with drilling to start before year-end.
Juggernaut Exploration reports 2026 surface grab samples at its Goldswarm Discovery on the Big One property in the Golden Triangle, British Columbia, with gold assays up to 239.02 g/t Au (7.68 oz/t Au). The company says gold mineralization is confirmed over an area of 550 m by 500 m that remains open and drill ready, with an inaugural drill program planned for 2027. The release also gives Motherlode Zone drill results, including hole BO-26-29 at 2.57 g/t Au over 3.00 m.
Midnight Sun Mining reports drill results from its Dumbwa copper deposit in Zambia, where drilling has identified near-surface copper mineralization across an east-west extent exceeding 2,400 metres in the Northern Block, more than double the average width of the previously drilled corridor. The release reports 76 holes totalling 17,373 metres, including 0.47% Cu over 31.1 m (DBW-26-283), and says 70 holes remain pending because of assay lab delays.
Red Metal Resources reported final results from 2D and 3D induced polarization and resistivity surveys over its Carrizal copper-gold-cobalt property near Vallenar, Chile, identifying a chargeability trend about 3 kilometres long that follows mapped veins to depths of 350 to 500 metres. The highest-priority target is a roughly one-kilometre anomaly along the Gorda vein extending to about 550 metres, tested by only one drill hole. The release also announces the engagement of Oak Hill Financial Inc. for advisory and investor relations services, at $12,000 per month.
Rokmaster Resources reports that fall drilling is complete on the first of three targets at its Mystery Property in British Columbia, with drillhole M26-01 reaching 545.4 m and encountering stockwork pyrite-biotite-quartz veining with trace chalcopyrite and molybdenite. Sulphide concentrations ran 2% to 12%, and geochemical results are expected before year-end. The company also deferred the North Ford drill target (planned drillhole P26-B) and will complete additional 3D IP before further drilling.
Thunder Gold Corp. reports infill drilling at its Tower Mountain Property, 40 kilometres west of Thunder Bay, Ontario, with hole TM26-223 intersecting 0.527 g/t Au over 290.1 metres and hole TM25-188/188X intersecting 0.407 g/t Au over 336.0 metres. Both intervals are within the Inferred component of the 2026 Mineral Resource Estimate, and the company says all thirteen infill holes to date are reconciling to the model with drilled grades about 5% higher than predicted.
SLAM Exploration reports results from its 2026 diamond drilling program on the Goodwin Copper-Nickel-Cobalt Project in New Brunswick's Bathurst Mining Camp. Nineteen holes totaling 3,350 core-meters tested VTEM conductors, and hole GW26-33 returned 14.45 core-meters grading 1.53% Cu-Eq 95%, while GW26-36 opened a new sulphide mineralization area about 2,000 meters northwest of the Logan zone. Assays for 213 samples remain pending.
Fury Gold Mines reports additional Phase 2 drill results from its Eau Claire Gold Project in Quebec's James Bay region, led by hole 26EC-131 with 14.95 g/t gold over 4.25 metres true width, about 60 metres up-dip from historical hole ER15-572. Three other holes returned 13.15 g/t gold over 1.50 metres, 6.81 g/t over 1.39 metres and 7.03 g/t over 1.50 metres. Results will be included in the next mineral resource update.
Li-FT Power reported assay results from the first 5 of 45 drill holes at its Adina-Galinée Lithium Project in Quebec, with a highlight of 56 metres of 1.43% Li2O in drill hole ALP002. The 45 holes comprise 39 holes totalling 11,420.5 metres from the 2026 summer drilling program and 6 historical holes from 2024 totalling 1,983 metres.
Azimut Exploration reports that a 3-kilometre by 5-kilometre gold-bearing vein field has been recognized over the Rosa-Dome Sector at its Wabamisk Property in Québec's James Bay region, with the area largely untested by drilling. A new gold showing, Ginger, returned up to 3.71 g/t Au in grab samples and 1.40 g/t Au over 2.0 m in a channel sample, and the company plans a minimum 7,000-metre diamond drilling program later this year.
Onyx Gold reports assay results from 31 additional drill holes at its Argus Gold System and Pipestone Fault corridor on the 100%-owned Munro-Croesus Project, 75 kilometers east of Timmins, Ontario. Highlights include 0.7 g/t Au over 166.0 m at Argus Main (MC26-343) and 18.8 g/t Au over 2.3 m at JM (MC26-350), and gold is now identified along an approximately 2.6 km trend.
Hi-View Resources (CSE: GXLD) reported preliminary results from a 16 line-km induced polarization survey at its 100%-owned Black Pearl property in the Toodoggone District of British Columbia. The survey outlined a chargeability anomaly over 1,000 m long and 800 m wide, which the company describes as a potential buried porphyry target, with soil and rock assays still pending.
Resource updates and study results
Technical reports filed this week
No NI 43-101 or PEA document filed this week. 30 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.
14 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 30, out of 242 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 | $0.100 | 0.0% | $611K | Private Placement of Oct 31 · Warrant radar ↗ |
| Orestone Mining Corp.ORS | Dec 16 | $0.16 | $0.060 | -62.5% | $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
Bunker Hill Mining stockholders approved all matters at a special meeting in Kellogg, Idaho, including the charter amendment and share issuance for the proposed business combination with Silver47 Exploration Corp., with the Charter Amendment Proposal receiving 94.69% and the Share Issuance Proposal 95.07% of votes cast. The company also completed drawdowns of US$20,000,000 from the Ocean Partners and Teck facilities, with closing of the Transaction anticipated on or about November 5, 2026.
Visionary Copper and Gold Mines Inc. has closed the acquisition of a 100% interest in three mineral licenses along the down-plunge trend of the Pt. Leamington VMS deposit in central Newfoundland. The Vendor, Stephen Stockley Agriculture and Fabrication Inc., received C$10,000 in cash and 27,261 common shares at a deemed price of C$1.46728 per share, a deemed value of C$40,000, plus a 1% net smelter return royalty that can be repurchased for C$1,000,000.
New Age Metals has entered a due diligence period, running to November 15, 2026, on a potential option to acquire a 100% interest in Benton Resources' Abernethy Lake Gold Project, to be renamed Kenora Thunder Gold Project, about ten kilometres from Kenora in Northwestern Ontario. The option requires $10,000 in cash payments, 500,000 common shares and $150,000 in work expenditures over two years and six months, plus a 2% NSR royalty to Benton.
Gold X2 Mining has entered into definitive agreements for the proposed spin-out of a 1.0% net smelter return royalty on the Moss Gold Project in Ontario to shareholders, through a new subsidiary, SpinCo. Under a plan of arrangement, Gold X2 shareholders would receive one-fifth of one SpinCo share for each Gold X2 share held. The arrangement requires shareholder, Supreme Court of British Columbia and TSX Venture Exchange approvals, and SpinCo shares will not be listed immediately after closing.