Junior Mining Intelligence
Weekly Snapshot
Week ending November 6, 2026 · 389 companies tracked, 372 priced
Gold rose 4.86% week-on-week to C$4,065.80/oz, anchoring a broad junior recovery in which 50.0% of 372 tracked companies advanced at a median return of +0.34%, a sharp reversal from the prior week's 20.6% breadth and -3.55% median. The silver cohort was the strongest commodity grouping with a median return of +5.78% and 79.2% of its 24 members up, while the uranium cohort was the weakest with zero members advancing and a median return of -5.43%; the new JMI Junior Mining Index closed at 659.53, up 2.22% on the week, with the JMI Silver sub-index outpacing the master at +7.43% and the JMI Copper sub-index diverging sharply at -4.36%. The dominant catalyst class across the week's 57 material releases was gold exploration newsflow.
What changed: breadth 50% up vs 20.6% last week; median +0.3% vs -3.5%; 3 deals for $26.8M vs 4 for $19.8M; 57 material releases vs 55.
Top developments
EQX (Equinox Gold) gained 19.85% for the week; the company published no news release in the window and there is no clear company catalyst.
EMO (Emerita Resources) fell 27.78% for the week, a period in which the company released 'Emerita Announces Filing of Technical Report in Respect of the IBW Property' on 2026-11-03 (day return 0.0%, next-day return -11.36%) and 'Emerita Provides Update on Falcon Project Litigation' on 2026-11-05 (day return -2.56%, next-day return +2.63%). Release ↗
PPTA (Perpetua Resources) gained 18.95% for the week, a period in which the company released 'Perpetua Announces New Gold Discovery at Stibnite Gold Project & Continued High Grades from Clark Tunnel Fault Zone' on 2026-11-04, with a day return of +1.47% and a next-day return of +2.93%. Release ↗
RGC (Relevant Gold Corp) gained 34.85% for the week, a period in which the company released 'Relevant Gold Receives Expanded Drilling Approvals for the Lewiston Project in Wyoming' on 2026-11-06, with a day return of +8.54%; next-day return is not yet available.
AUOZ (Emperor Metals) gained 18.18% for the week, a period in which the company released 'Emperor Hits High-Grade Gold Near Surface' on 2026-11-04, with a day return of +10.0% and a next-day return of 0.0%. Release ↗
Sector cohorts new
| Cohort | n | Median move | Median | % up | Metal wk | Best · worst |
|---|---|---|---|---|---|---|
| Gold last wk -3.9% | 225 | +1.8% | 53.3% | +4.86% | APN +50.0% · BWR -50.0% | |
| Copper last wk -4.0% | 45 | -2.1% | 28.9% | -4.61% | QZM +23.3% · WLF -27.3% | |
| Silver last wk -6.1% | 24 | +5.8% | 79.2% | +5.43% | VIPR +25.0% · RYO -1.9% | |
| Lithium last wk 0.0% | 13 | +4.5% | 61.5% | -2.36% | JLL +26.7% · NVLH -11.1% | |
| Uranium last wk +5.8% | 9 | -5.4% | 0% | -0.33% | COSA 0.0% · ABA -35.3% | |
| Nickel last wk +2.6% | 8 | -0.9% | 37.5% | +7.19% | GT +25.0% · NNX -20.0% |
By exchange: CSE 49% up, median 0.0% (n=49) · TSX 73.1% up, median +7.0% (n=52) · TSXV 46.2% up, median 0.0% (n=264)
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 |
|---|---|---|---|---|---|---|---|---|
| Brunswick Exploration BRW Lithium | Private Placement | $19.8M | $0.19 mkt $0.22 | -13.6% | 7.5% | none | Nov 25 | announced |
| Thunder Gold Corp. TGOL Gold | Private Placement | $5.0M | $0.13 mkt $0.13 | 0.0% | 11.8% | none | Nov 13 | announced |
| Standard Uranium Ltd. STND Uranium | Private Placement | $2.0M | $0.08 mkt $0.06 | +33.3% | 15.6% | $0.12 to Nov 21 | — | announced |
3 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.
| Southern Cross GoldSXGC | 2 buys · 1 insider | +C$812K |
| Valkea ResourcesOZ | 1 buy · 1 insider | +C$165K |
| Element 29 ResourcesECU | 2 buys · 1 insider | +C$40K |
5 more net buyers this week on the insider board.
Cluster buying: Talisker Resources Ltd. (3 insiders, C$101K); Lightning Resource Corp. (2 insiders, C$22K); Puma Exploration Inc. (3 insiders, C$18K).
Net sellers
Open-market sales; option exercises followed by a sale count only for the sale.
| Amerigo Resources Ltd.ARG | 6 sells · 1 insider | −C$272K |
| Viva Gold Corp.VAU | 1 sell · 1 insider | −C$26K |
| Prismo MetalsPRIZ | 1 sell · 1 insider | −C$4,690 |
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 55 deadlines.
14 companies are past a filing deadline with nothing found on their site yet.
Drill and discovery board new
Drill results
Silver Bow Mining reports first assays from the Emily Vein at its Rainbow Block Project in Butte, Montana. Hole SBM26-08 returned 11.2 m grading 312.7 g/t AgEq, including 3.6 m grading 462.7 g/t AgEq, and SBM26-05 returned 2.0 m grading 482.7 g/t AgEq in the Emily Vein and 1.3 m grading 680.8 g/t AgEq in the Rainbow Vein.
Standard Uranium reports that detailed logging and structural modelling of its 6,734-metre summer 2026 drill program at the Davidson River Project in the southwest Athabasca Basin has doubled the modelled width of the Thunderbird structural corridor to about 450 metres. The company also reports dravite identified in five drill holes across the Warrior, Bronco and Thunderbird trends. Whole-rock geochemical assays are pending.
Goliath Resources reports assays from its 2026 drill program at the Surebet Zone on its Golddigger Property in B.C.'s Golden Triangle, including 14.61 g/t AuEq over 6.00 meters in drill hole GD-26-498 and 11.88 g/t AuEq over 4.00 meters in GD-26-490. Assays for 43 holes drilled in 2026 remain pending.
Gold Terra Resource Corp. reports initial drill results from Zone 103N on the Campbell Shear, northern extension within the Con Mine Option property near Yellowknife, NWT. Hole GTCM26-061A returned 6.61 g/t gold over 7.35 metres, including 31.6 g/t gold over 1.1 metres. Drilling is continuing and assays are pending for additional completed holes.
Sitka Gold Corp. reports drill hole DDRCCC-26-162 at the Contact Zone of its RC Gold Project in Yukon, which intersected 74.8 m of 1.31 g/t gold from surface, including 41.7 m of 2.20 g/t gold and 1.2 m of 53.10 g/t gold. Drill hole DDRCCC-26-160 at the Bear Paw Zone intersected 48.6 m of 1.18 g/t gold, including 1.8 m of 4.27 g/t gold. Assays for 82 diamond drill holes totalling approximately 27,000 m remain pending.
FireFox Gold reports drilling of 6.15 metres averaging 4.10 g/t gold in hole 26MJ057, including 1.05 metres at 14.65 g/t, at the Gabbro Target of its 100%-owned Mustajärvi Project in Lapland, Finland. The release also reports gold intercepts at the Triangle Target, including 2.7 metres averaging 2.15 g/t in hole 26MJ037.
Dynasty Gold Corp. reports a new gold intercept in the footwall of its Pelham deposit at the Thundercloud project in Northwest Ontario. Hole DP26-07 returned 7.5 meters grading 3.65 g/t Au, with five 1.5-meter samples between 315.5 and 323.0 meters, extending mineralization about 100 meters deeper to 323 meters. Assays from holes DP26-06 (partial), 6 and 8 to 14 are pending.
Honey Badger Silver reports 2026 field assay results from its 100%-owned Nanisivik Project on northern Baffin Island, Nunavut, including a zinc-rich float sample returning greater than 500 ppm germanium, the upper reporting limit of the method used. Selective massive pyrite samples returned up to 45.3 g/t silver. Germanium re-assays and over-limit sulphur and iron results are pending.
Andina Copper reported drill hole CDH014 at its Cobrasco porphyry copper-molybdenum discovery in Chocó, Colombia, intersecting 212m at 0.50% Cu, 112ppm Mo and 1.9g/t Ag from 52m downhole, including 76m at 1.00% Cu from 52m and 32m at 1.48% Cu from 60m. The hole was drilled about 350m northwest of the previous pad, and assays from a further 3,000m of drilling remain pending.
Minaurum Silver has completed its 50,000-metre Phase II resource-expansion drill program at the Alamos Silver Project in Sonora, Mexico, and reported final results. Highlights include 2.80 m of 751 g/t AgEq at Africa, 5.30 m of 385 g/t AgEq at Quintera, and 12.20 m of 238 g/t AgEq at Promontorio Sur. The company says results will be incorporated into an updated Phase II mineral resource estimate targeted for release this quarter.
Perpetua Resources reported first assays from its 2026 drilling at the Stibnite Gold Project in central Idaho, including 109.7 meters grading 3.2 g/t gold and 1.1% antimony in hole SB633 at the Fiddle prospect, about 750 meters south of the permitted Yellow Pine pit. The release also reports 25.4 meters of 4.5 g/t gold and 25.0 meters of 2.3 g/t gold from Clark Tunnel Fault Zone holes SB606 and SB605, with antimony and tungsten results pending.
Emperor Metals (CSE: AUOZ) reports final assays from six new drillholes at its Duquesne West Project in Quebec, including 24.8 m grading 7.0 g/t gold from DQ26-61 and 8.4 m grading 8.7 g/t gold from DQ26-57. Results are now reported for 55 of 66 holes in the 2026 program, and drilling has resumed with an additional 3,000 to 5,000 m planned.
Scottie Resources reports 2026 drill results from the Blueberry Contact Zone at its Scottie Gold Mine Project near Stewart, British Columbia, including 6.0 g/t gold over 21.20 m in hole SR26-539 at Lemoffe 4 and 14.4 g/t gold over 8.00 m in hole SR26-513 at Lemoffe 1. Most assays remain outstanding from the 61,578 m, 227-hole program, and the updated Mineral Resource Estimate and Feasibility Study are planned for the first half of 2027.
North Arrow Minerals reports assays from the first 9 of 16 RC holes in Rotation 4 at the Kraaipan Gold Project in Botswana, with all nine intersecting gold mineralization and extending Tlou to more than 700 m of strike. The best hole, KR26-095, returned 1.9 g/t Au over 20 m within 1.2 g/t Au over 42 m from 17 m. Results for the remaining seven holes are expected before year end.
Radisson Mining reports results from nine new drill holes at its 100%-owned O'Brien Gold Project in Québec's Abitibi region, including 44.18 g/t Au over 1.3 metres in OB-25-377W6 within Pontiac Group rocks. The company says the results extend high-grade gold mineralization beneath the former O'Brien mine workings, and that 83% of holes in its current step-out program have returned intercepts consistent with its mineral resources.
Brunswick Exploration (TSX-V: BRW) reported assays from drill hole AN-26-17 at its Anatacau Main Project in Quebec's James Bay region, returning 302.05 meters grading 1.73% Li2O from 295.25 to 597.30 meters. Within that interval, a 142-meter sub-interval graded 1.97% Li2O from 426 to 568 meters, and the company said the Anais dyke remains open in all directions.
One Bullion Ltd. (TSXV: OBUL) released a consolidated summary of historical drilling and trenching results from its wholly owned Vumba Gold Project in Botswana, alongside an update on ongoing exploration. Highlights include 26.0 m at 2.60 g/t gold in SR033 and 3.5 m at 18.79 g/t gold in trench VUT004. Drilling is paused in November while the Company logs core and reviews its geological model.
RPX Gold intersected 6.24 g/t Au over 19.68 m in hole SD-26-721 at its Wawa Gold Project in Ontario, extending near-surface high-grade gold mineralization. The results are from eleven drill holes totalling 1,845 m in the company's ongoing 2026 drilling program, which will feed an updated mineral resource estimate for a prefeasibility study targeted for H1 2027.
Kirkland Lake Discoveries reports assay results from four step-out drill holes at the Mirado West Zone on its 100%-owned KL South property in Kirkland Lake, Ontario. Hole KLM26-048 returned 10.53 g/t Au over 9.20 m, including 31.93 g/t Au over 3.00 m, and 0.64 g/t Au over 68.00 m deeper in the same hole. The company says the Mirado West footprint now extends over 1,100 m of strike length.
Thunder Gold Corp. reports drill hole TM26-222 at its Tower Mountain Property near Thunder Bay, Ontario, intersected 0.456 g/t Au over 451.5 metres from 60.0 metres downhole, with an estimated true width of 245.0 metres. The company also said it is rescheduling its mineral resource estimate update to February 2027 and granting 2.0M options at $0.15 with a 24-month term to certain directors and contractors.
Fury Gold Mines reported first assay results from its 2026 diamond drill program at the Committee Bay gold project in Nunavut, led by hole 26TB158 at Three Bluffs, which returned 3.88 g/t gold over 17.82 m, including 18.78 g/t Au over 3.30 m. The release also reports four other holes at Three Bluffs, all intersecting the Three Bluffs shear zone, and says five holes remain pending assay results.
NexGold Mining Corp. reported further results from its RC Infill Drill Program at the Goldboro Gold Project in Nova Scotia, with West Pit intersections including 4.16 g/t Au over 7.0 m, 2.84 g/t Au over 7.0 m and 1.94 g/t Au over 9.0 m. Results for all West Pit drilling have been received, while East Pit assay results are expected in the coming months.
Canagold Resources reports assay results from four more holes in its 14-hole, 7,277 m drilling program at the New Polaris Gold Project in northwestern British Columbia. The best interval is 37.7 g/t Au and 4.57% Sb over 4.62 m from 489 m in NP26-10A, including 79.3 g/t Au and 8.76% Sb over 1.96 m.
Tectonic Metals reported assays from six reverse circulation drill holes at its Black Creek target within the Flat Gold Project in southwest Alaska. Hole CMR26-159 returned 2.86 g/t Au over 91.44 m, including 5.61 g/t Au over 41.15 m and 12.94 g/t Au over 13.72 m, and ended in mineralization 100 m south of the 2025 discovery hole.
1911 Gold reports infill drilling results from the underground program at its True North Gold Project in southeast Manitoba, led by 14.86 g/t Au over 7.20 metres in hole UG16-26-102 at 202.40 metres downhole depth on the V-1010 vein. The release covers 30 holes totalling 6,483 metres drilled from Level 16 targeting the L10 Zone, and reports extensions of the V-1020 and V-1011 veins outside the 2024 mineral resource estimate. An updated mineral resource estimate is scheduled for Q4/2026.
Resource updates and study results
Brixton Metals reports initial scoping-level metallurgical results from three Camp Creek composites at its Thorn Project in NW British Columbia, with overall gold recoveries of 88.8% to 96.9% and silver recoveries of 88.2% to 95.7%. Copper rougher recoveries ranged from 96.9% to 97.3%. The results are from gravity concentration and rougher flotation only, and cleaner-flotation recoveries have not been determined.
Selkirk Copper has filed on SEDAR+ the NI 43-101 technical report supporting the Preliminary Economic Assessment for its 100%-owned Minto Project in Yukon, Canada. The report has an effective date of September 21, 2026, and the company states there are no material differences from the results disclosed in its September 22, 2026 news release.
Gemdale Gold reported preliminary metallurgical test results for its 100%-owned Pontio Gold Project in western-central Finland, showing 91% gold recovery by conventional cyanide leach and up to 87.5% copper recovery into a bulk sulphide rougher concentrate, along with 70.5% of total gold. The test work was conducted by SLR Consulting, and the company plans a locked cycle test within the next month.
Waratah Minerals has announced a maiden Mineral Resource Estimate of 3.1 Moz Au at 1.2 g/t Au for the Spur Project in New South Wales, comprising 27% Indicated and 73% Inferred material. The company also reported a 5.1–10.4 Moz Exploration Target at 0.6 to 0.9 g/t Au, which is conceptual and not a Mineral Resource.
West Red Lake Gold reports results of an integrated pre-feasibility study combining its 100% owned Madsen Mine and Rowan Project in the Red Lake district of northwestern Ontario, showing an after-tax NPV of $764 million at a long-term gold price of US$3,568 per ounce. The study outlines 884 thousand ounces of recovered gold over a 10-year mine life, with average annual production of 88 thousand ounces and 108 thousand ounces per year from 2029 to 2034. Growth capital is estimated at $200 million.
Emerita Resources has filed an NI 43-101 technical report for its 100%-owned Iberian Belt West project in Huelva Province, Spain, dated October 14, 2026, with an effective date of October 8, 2026. The report supports the pre-feasibility study results announced in the October 29, 2026 news release and is available on SEDAR+ and the company's website.
Golden Cariboo Resources has filed an independent NI 43-101 Technical Report on SEDAR+ supporting its inaugural Mineral Resource Estimate for the Halo-North Hixon zones (Halo deposit) on the Quesnelle Gold Quartz Mine Property near Hixon, British Columbia. The report, dated October 31, 2026, was prepared by Qualified Persons Jean Pautler and Sue Bird.
American Lithium reports an updated Mineral Resource Estimate for its Macusani uranium project in southeastern Peru, effective July 01, 2026. The estimate includes Measured resources of 10.482 Mt at 179 ppm U3O8 (4.13 Mlbs) and Indicated resources of 111.426 Mt at 216 ppm U3O8 (53.03 Mlbs), with Inferred resources of 114.873 Mt at 258 ppm U3O8 (65.32 Mlbs). The company also said an updated Preliminary Economic Assessment is well underway.
Technical reports filed this week
No NI 43-101 or PEA document filed this week. 37 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.
18 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
3 tranches expiring within 90 days of Nov 6, out of 241 outstanding on record. Strike against the current price; proceeds assume full exercise.
| Company | Expires | Strike | Price | In / out of money | Max proceeds | From |
|---|---|---|---|---|---|---|
| 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 | $0.105 | +320.0% | $313K | Private Placement of Dec 24 · Warrant radar ↗ |
| Apollo SilverAPGO | Jan 29 | $7.00 | $1.890 | -73.0% | $38.5M | Private Placement of Jan 28 · Warrant radar ↗ |
Corporate
Strategic Metals Ltd. reports that on October 21, 2026 it acquired 1,000,000 post-consolidated common shares of GGL Resources Corp., raising its holding to 8,917,388 shares, or 32.92% of GGL's 27,089,380 outstanding shares. The shares were acquired under a Property Option Agreement dated July 20, 2026, under which GGL can acquire up to a 100% interest in Strategic's Hopper, Kluane, Batt and Moraine properties in southwestern Yukon Territory.
Benton Resources and Metals Creek Resources have signed an option agreement dated November 5, 2026 with Brutus Mining Inc., granting Brutus the option to acquire a 100% interest in the Bay of Islands Hydrogen Project in Western Newfoundland. The option requires cash payments totalling $100,000, share issuances totalling 1,200,000 common shares at a deemed price of $0.76 per share, and a 3% Gross Metals Returns royalty, and the agreement is subject to CSE acceptance.
Coyote Copper Mines (TSXV: CCMM) has entered into an option agreement to acquire the Gibson Mine, 223.85 acres of patented mining claims in Arizona, from the Franciscan Friars of California for an aggregate US$1.4 million in payments over four years. The Corporation can terminate the option at any time.
Coyote Copper Mines Inc. (TSXV: CCMM) has entered an option agreement to acquire the historic Gibson Mine in Arizona, covering 223.85 acres of patented mining claims held by the Franciscan Friars of California. The Corporation must pay the Friars an aggregate US$1.4 million over four years, with the first US$500,000 due within 14 days of the Effective Date.
Bold Ventures has signed a Property Purchase Agreement dated October 30, 2026 with Gold X2 Mining for Gold X2 to acquire 42 mining claim units along the west boundary of Bold's 242-claim Burchell Property in Ontario. Consideration is C$500,000 cash, 150,000 Gold X2 common shares and a 2% NSR royalty on Canadian critical minerals (excluding copper), with Gold X2 able to buy back half the NSR for C$1,000,000 cash. The deal remains subject to TSX Venture Exchange approval.
Gold X2 Mining entered a definitive property purchase agreement with Bold Ventures Inc. for mineral claims in exchange for C$500,000 in cash, 150,000 common shares and a 2.00% NSR royalty on all Canadian Critical Minerals derived from the claims, with closing subject to customary conditions including TSXV approval. The company also completed its acquisition of the Coldstream Claims in the Province of Ontario.
Themes
The token 'democrats' appeared in 3 news releases this week and was not present in prior weeks, marking it as a newly emerging theme in junior mining newsflow.