Gold Market Context
Macro DriversKey macro instruments that drive gold price movements: dollar, yields, risk appetite
Market Commentary
Gold Falls on Rising Fed Rate Hike Expectations
Gold fell in early Asian trade as rising expectations for a Federal Reserve rate hike weighed on prices. The market is currently grappling with the potential for a sticky inflation reading from the U.S., which could further solidify the case for tighter monetary policy. This environment of increasing interest rates typically exerts downward pressure on gold, as higher yields make non-yielding assets like gold less attractive. Investors should note that the interplay between inflation data and Fed policy will be crucial in shaping market sentiment. If inflation proves to be persistent, it could lead to more aggressive rate hikes, thereby reinforcing the bearish outlook for gold in the near term. Additionally, the dollar's strength often correlates with rising rates, which can further diminish gold's appeal as a safe haven. As we navigate this landscape, central bank demand and ETF flows will also play significant roles in determining gold's trajectory. A sustained decline in gold prices could trigger shifts in investor sentiment, potentially leading to increased buying opportunities if prices become attractive. However, for now, the focus remains on economic indicators that could influence Fed decisions. Overall, the combination of inflation risks and rate hike expectations creates a challenging environment for gold in the short run.
1h ago
Gold Holds Decline as Traders Weigh Prospects for Fed Rate Hike
Gold held a decline as stronger-than-expected US payrolls data increased the likelihood of an interest rate hike by the Federal Reserve as early as next week. This development underscores the ongoing sensitivity of gold prices to interest rate expectations, as higher rates typically strengthen the dollar and increase the opportunity cost of holding non-yielding assets like gold. The market is now weighing the implications of tighter monetary policy, which could further pressure gold prices in the near term. Additionally, the robust labor market signals economic strength, potentially leading to sustained inflationary pressures that could complicate the Fed's decision-making process. Investors should note that while inflation can support gold as a hedge, rising rates often diminish its appeal. The interplay between these factors creates a complex environment for gold, where immediate rate hike prospects may overshadow longer-term inflation concerns. Central bank demand remains a critical factor, but in the current climate, it may not be enough to counteract the bearish sentiment driven by anticipated rate increases. ETF flows will also be closely monitored, as shifts in investor sentiment could lead to significant changes in gold holdings. Overall, the current economic indicators suggest that gold may continue to face headwinds unless there is a shift in the narrative surrounding interest rates and inflation. As traders navigate these dynamics, gold's path forward will depend heavily on the evolving macroeconomic landscape.
2h ago
BofA’s Hartnett maintains commodities and gold position as policy measures affect yields
Gold prices are poised to benefit from ongoing policy interventions aimed at stabilizing financial markets and limiting bond yield increases. As Bank of America strategist Michael Hartnett suggests, maintaining long positions in commodities and gold is prudent in this environment. The appreciation of the Japanese yen indicates that central banks are actively defending key market thresholds, which can create a supportive backdrop for gold. With bond yields being kept in check, the opportunity cost of holding gold diminishes, making it a more attractive asset for investors. Furthermore, as inflationary pressures persist, gold remains a hedge against currency devaluation and rising prices. The current policy landscape suggests that central banks are willing to take aggressive measures to support their economies, which can lead to increased demand for gold as a safe haven. Additionally, the focus on commodities, including gold, reflects a broader trend of investors seeking tangible assets amid economic uncertainty. As these dynamics unfold, we can expect continued interest in gold, particularly from institutional investors and ETFs. Overall, the interplay between policy measures, currency fluctuations, and inflation will likely keep gold in a favorable position. Investors should remain vigilant as these factors evolve, as they will significantly influence gold's trajectory in the near term.
13h ago
Is the U.S. losing its safe-haven status? Why global central banks are pulling gold out of New York.
Gold prices are increasingly influenced by shifts in central bank behavior, particularly as global central banks, including the Netherlands and France, withdraw gold from New York. This trend raises questions about the U.S.'s status as a safe haven, which could undermine confidence in the dollar and drive investors toward gold as an alternative store of value. As central banks diversify their reserves, the demand for gold may rise, supporting prices in the face of geopolitical tensions and economic uncertainty. The movement of gold out of U.S. vaults signals a potential shift in global financial dynamics, prompting investors to reassess their strategies. Additionally, if the dollar's dominance wanes, we could see increased volatility in currency markets, further bolstering gold's appeal. Inflationary pressures remain a concern, and as central banks navigate these challenges, gold often serves as a hedge against currency devaluation. ETF flows may also reflect this sentiment, as investors seek to increase their gold holdings amid uncertainty. With rising yields potentially dampening gold's allure, the interplay between interest rates and gold demand will be critical to monitor. Overall, the evolving landscape of central bank gold reserves suggests that gold may gain traction as a preferred asset in uncertain times. Investors should remain vigilant as these developments unfold, as they could significantly impact gold prices in the near term.
13h ago
How China became a more powerful force in global gold demand
China's growing influence on the global gold market is reshaping demand dynamics significantly. Central bank purchases from China are increasing, which adds a layer of institutional support for gold prices. Additionally, household investment in gold is on the rise, indicating a shift in consumer behavior that favors gold as a safe-haven asset. Institutional participation is also expanding, further solidifying gold's status as a key investment vehicle. The development of new trading infrastructure in China enhances accessibility and liquidity, making it easier for both domestic and international investors to engage with gold. This multifaceted demand from China is likely to create upward pressure on gold prices, as it reflects a broader recognition of gold's value amid economic uncertainties. As central banks globally continue to diversify their reserves, China's actions will likely influence other nations to follow suit, reinforcing gold's appeal. Investors should note that this structural shift in demand could lead to more sustained price increases, especially if geopolitical tensions or inflationary pressures persist. Overall, China's evolving role in the gold market is a critical factor that sophisticated investors must consider when evaluating gold's future trajectory. The interplay of these elements suggests that gold may be positioned for a stronger performance in the coming months.
16h ago
Gold Slammed as Strong Jobs Report Revives Rate Hike Fears
Gold fell sharply following a surprisingly strong U.S. employment report, which has reignited fears of potential rate hikes from the Federal Reserve. This robust jobs data suggests that the labor market remains resilient, prompting speculation that the Fed may maintain or even increase interest rates to combat inflation. As yields rise in response to these expectations, the opportunity cost of holding non-yielding assets like gold increases, putting downward pressure on prices. Additionally, a stronger dollar often accompanies higher interest rates, further diminishing gold's appeal to international investors. Investors should note that the interplay between employment figures and monetary policy is critical; strong job growth typically leads to tighter monetary conditions, which historically has not favored gold. Central bank demand remains a key factor, but if rate hike fears persist, it could overshadow any supportive buying from these institutions. ETF flows are also likely to reflect this sentiment, as investors may pull back from gold in favor of interest-bearing assets. The market is now closely watching upcoming economic indicators that could influence the Fed's decision-making process. Overall, the combination of a strong jobs report and rising rate expectations creates a challenging environment for gold prices in the near term. As we navigate these dynamics, maintaining a keen eye on economic data will be essential for understanding gold's trajectory.
22h ago
Latest Gold Company News
Cora Gold Limited Di — Interim Results for Six Months Ended 30 June 2026
Cora Gold Limited completed a £15.707 million equity fundraise in March 2026, including a £13.707 million strategic investment by Eagle Eye Asset Holdings Pte. Ltd. and a £2 million retail offer. Eagle Eye became the Company's largest shareholder, holding 29.85% of ordinary shares in issue, and its appointee Aryann Gupta joined the Board as a Non-Executive Director. In April 2026, Cora signed a binding term sheet with Eagle Eye for a US$120 million gold stream to fund Sanankoro through to production, with the agreement amended in August 2026 to allow up to 50% of the stream to be replaced with senior debt by the later of 30 October 2027 or six months after the mining permit is granted. The Front-End Engineering Design process commenced at Sanankoro, and a 12,000 metre drilling campaign was launched targeting both extensions to existing deposits and near-mine greenfield targets. H&P Advisory Limited was appointed as financial adviser and broker alongside Cavendish Capital Markets Limited. Adam Davidson became Chair of the Board in March 2026, succeeding Edward Bowie, who remains a Non-Executive Director. Post period-end, the Sanankoro II exploration permit renewal was approved by Mali's Council of Ministers on 21 August 2026. Russell White was appointed Non-Executive Director, bringing over 40 years' West African gold mining experience. The 2025 Definitive Feasibility Study for Sanankoro showed a 98% IRR post tax, US$365 million NPV8 post tax, and all-in sustaining costs of US$1,623/oz based on a gold price of US$3,500/oz. As at 30 June 2026, Cora reported total assets of US$47,918,000, cash and cash equivalents of US$14,596,000, and total equity of US$47,251,000. For the six months ended 30 June 2026, the Company reported a loss of US$1,139,000 and overhead costs of US$1,230,000. The Company continues to pursue additional value-enhancing opportunities, including the Madina Foulbé exploration permit in Senegal.
Bezant Resources — Hope & Gorob Copper-Gold Project Update
(LSE:BZT) Bezant Resources Plc announced a development update and Phase II expansion review for the Hope & Gorob copper-gold project in Namibia and the associated Tsoaxaub Metals Processing Plant. Development activities at both the Tsoaxaub Metals Processing Plant and the Hope & Gorob mine site continue to progress in line with the current project schedule. The Company expects first run-of-mine ("ROM") ore to be processed through the repurposed Tsoaxaub Metals Processing Plant during September 2026, generating the first concentrate from the Hope and Gorob mine. Mine-site camp construction is approximately 75% complete, with 130 employees and contractors resident on site. ROM ore generated from the first two blasts has been stockpiled and exceeds the projected tonnage, reflecting additional ore recovery recorded in the Mineral Inventory but not included in the Mineral Resource. Approximately 75% of surface infrastructure has been delivered and is being installed at the mine site, and the full Unitrans mining and haulage fleets have been delivered to site. The C1 Civils and Structural Completion Certificate evidencing completion of all major structural steelwork and civil works has been received for the Tsoaxaub plant upgrade. The C2 Mechanical Completion Certificate for Tsoaxaub is scheduled for completion during September 2026. Renovation of mine offices, medical centre, changing rooms and laboratory is 90% completed, and the Tsoaxaub assay laboratory is fully functional. Management believes the project has the potential to support an estimated life of mine (LOM) of approximately 35 years. The Company has accelerated its review of the Phase II expansion plan, considering current and projected long-term copper, gold and silver prices, and is assessing a higher mass-pull operating strategy for the ore sorter. Further updates will be provided as commissioning, ore sorting and development optimisation work advances.
Wheaton Precious Metals Corp Npv Cdi — Notice of Investor Day Webcast
(LSE:WPM) Wheaton Precious Metals Corp. announces that it will host an Investor Day webcast on Wednesday, September 16, 2026, starting at 9:00am Eastern Time. Speakers will include Haytham Hodaly, President and Chief Executive Officer, as well as the Wheaton Executive team. Technical presentations for certain assets will be made by representatives from Wheaton's partners. The conference call will be recorded and available until September 23, 2026 at 11:59 pm ET. The webcast will be available for one year.
London Btc Company Limited — US Gold Team Mobilised and New Project Generation
(LSE:BTC) London BTC Company Limited announced that its gold and critical-minerals specialist exploration teams, led by Schiehallion Consulting, have mobilised to the United States and commenced due diligence for new project generation. The due diligence programme targets a pipeline of gold, silver, antimony, and tungsten projects across Nevada, Arizona, and Texas, with assessments underway for 32 new mineralised areas of interest. Exploration of existing projects is on schedule to commence in early September 2026, with additional field teams mobilising in mid-September. The existing projects to be worked through in sequence are Teep, Black Star, Amonett-Frank, and Huntington-Whitman. Previously reported rock chip results include Teep (up to 40.56 g/t gold and 1,332.5 g/t silver), Black Star (up to 16.2 g/t gold and 50.5 g/t silver), and Amonett-Frank (up to 143.1 g/t gold and 88.3 g/t silver). Technical assessments by Dahrouge Geological Consulting are scheduled for mid-October 2026. Staking of new mineral claims is expected to commence in September 2026, with first acquisitions from mid-October 2026 and further acquisitions through late November 2026. The company is also looking to bolster its Bitcoin mining fleet in the USA in the coming quarter, with program evaluations underway.
Gateway Mining Confirms Significant High-Grade Gold in Fresh Rock at Yandal’s Cowza Prospect
(ASX:GML) Gateway Mining has confirmed a significant high-grade gold discovery in fresh rock at the Cowza prospect within its Yandal gold project in Western Australia. Initial reverse circulation (RC) drilling at Cowza returned a best assay of 41 metres at 2 grams per tonne gold from 104 metres, including 9 metres at 7.5 grams per tonne from 105 metres, directly beneath aircore hole CZAC051. The Cowza structure has been delineated over a strike length of 4.5 kilometres by extensive aircore work, with mineralisation remaining open to the north and south. A second RC hole at the northern end of Cowza returned a broad anomalous zone, confirming the fresh rock system remains extensive and fertile for at least a further 2 kilometres to the north. The mineralised structure has rapidly grown from an initial 800 metre discovery to its present length. Cowza now forms part of a broader emerging gold camp at Yandal, alongside recently defined mineralised trends at Celia South (1.5 kilometre strike) and Ward (7 kilometre strike), representing more than 13 kilometres of combined mineralised strike on the same lithological contact. RC drilling is ongoing at Cowza and remains focused on defining the extent and continuity of high-grade mineralisation. Diamond drilling is scheduled later this month to provide critical information on geological controls, structural architecture, and the orientation of high-grade gold shoots in support of future resource definition and discovery drilling programs. Gateway chief executive officer Richard Pugh stated that the combination of scale, geological continuity, and increasing evidence of robust primary gold mineralisation at Cowza supports the company’s view that Yandal is evolving into a significant new discovery.
DRC Gold Corp. Enters into Option Agreement to Acquire Interests in Giro Goldfields
(CSE:DRC) DRC Gold Corp. has entered into an option agreement dated August 25, 2026 with Amani Consulting SARL, Giro Goldfields SARL, and Mabanga Mining SARL, granting DRC Gold an option to acquire interests in Giro Goldfields from Amani Consulting. Giro Goldfields holds the Giro Gold Project and is the intended transferee of Permis d'Exploitation 5110 (the Nizi Gold Project). Amani Consulting holds a 65% interest in Giro Goldfields and SOKIMO holds the remaining 35%. DRC Gold has been granted a first option to acquire a 55% registered and beneficial interest in Giro Goldfields by issuing an initial 25 million common shares (already issued to Vertex Wealth Limited) and an additional 325 million shares to Amani Consulting or its nominee by the later of shareholder/CSE approval or twelve months from the Option Agreement date. The Giro Gold Project comprises two exploitation permits (PE 5046 and PE 5049) covering about 497 km² in the Kilo Moto Greenstone Belt, Haute-Uele Province, DRC, and contains a historic JORC 2012 Mineral Resource estimate for the Kebigada deposit of 69.2 Mt at 1.09g/t Au for 2.44 Moz (Indicated) and 54.4 Mt at 0.95g/t Au for 1.67 Moz (Inferred), totaling 123.7 Mt at 1.03g/t Au for 4.10 Moz contained (at a 0.5g/t Au cut-off grade). The Nizi Gold Project consists of exploitation licence PE 5110, covering 113 km² in the Ituri District, and includes the King Leopold Gold Mine, which was developed over a strike of 600m and to a depth of approximately 160m to 180m, operating intermittently for about 12 years between 1913 and 1931. Upon exercise of the First Option, DRC Gold agrees to assume Mabanga's obligations under the SOKIMO Loan to advance any additional funds to SOKIMO. On closing, Amani Consulting and/or Mabanga have the right to appoint a majority of directors to the DRC Gold board. All shares issued under the Option Agreement will be subject to an escrow agreement as required by CSE policies and Canadian National Policy 46-201.
Galantas Gold Announces New Chair of The Board
(TSXV: GAL) Galantas Gold Corporation announced the appointment of Mr. David Cather as Non-Executive Chair of the Board. Mr. Cather has been a director of the Company since June 2019 and was serving as Interim Chair since July 7, 2026. The Company has granted 750,000 restricted share units ("RSUs") to Mr. Cather. 1/3 of the RSUs will vest on August 31, 2027; 1/3 will vest on January 1, 2028; and 1/3 will vest on January 1, 2029. Upon vesting, each RSU represents the right to receive one Common Share of the Company, cash payment or a combination thereof upon settlement in accordance with the Company's omnibus equity incentive plan, which was approved by shareholders on June 15, 2026. The Company is currently advancing the development of the Indiana Project and the Andacollo Gold Project in Chile.
Maverick Gold and Silver Confirms Exploration Potential for On-Trend Targets at Jericho Property, Nevada
(CSE: MAV) Maverick Gold and Silver Corp. announces results from chip channel and grab samples from the northern portion of the Jericho Property in Lincoln County, Nevada. Eighteen samples were taken covering the Fluorite Flat, Upper Flats and NE Extension Zones, representing the northeastern 2-kilometre portion of the West Trend. Sampling returned greater than 1 g/t gold in two targets that are 500 metres apart. In the Fluorite Flat Zone, fourteen samples were taken with gold grades ranging from trace to 2.16 g/t gold, and five samples returned greater than 0.5 g/t gold. Sample numbers 568-570 from Fluorite Flat returned 1.37 g/t Au over 1.40 metres, sample 571 returned 0.97 g/t Au, and sample 572 returned 0.56 g/t Au. In the Upper Flats Zone, sample 582 returned 2.56 g/t Au over a width of 1.5 metres. In the NE Extension Zone, three samples were taken from an area measuring 25 by 45 metres and contained trace amounts of gold and silver and were weakly anomalous in mercury and arsenic. The West Trend has been traced for in excess of 4 kilometres and the East Trend for 2 kilometres. The Fluorite Flat Zone is 550 metres from the Tempa Zone and, together with the Tempa and Helen Zones, has been traced for approximately two kilometres in strike length and over 250 metres vertically. Previous sampling at the Helen and Tempa Zones returned up to 644.0 g/t silver and up to 7.21 g/t gold.
DLT Resolution Inc. Signs Letter of Intent to Acquire Emerging Gold Production Company
(OTC:DLTI) DLT Resolution Inc. announced that it has signed a Letter of Intent to acquire J3M Gold Corporation, a Canadian company with subsidiaries in Chile and Colombia. J3M has signed a Letter of Intent with the owners of eight mineral concessions permitted for mining and the Las Palmas mill in Chile, which has a processing capacity of approximately 250 tonnes per day. The Las Palmas mill is currently producing between 35 and 38 tonnes per day. The proposed transaction is expected to be completed through the issuance of DLT Resolution Inc. common shares and a 52% earn-in on the Chilean operation. DLT and J3M would invest approximately US$3 million to upgrade the Las Palmas mill and related mine infrastructure and thereby earn a 52% direct interest in the Las Palmas mill and mining concessions, to be held by J3M Gold Chile SpA. The company expects to produce some 10,000 oz gold in the first operating year. The J3M agreement was to bring the mill production to 80 tonnes per day and the mine production to 100 tonnes per day. Mining infrastructure includes a spiral ramp descending some 98m vertically on the principal Olguita vein with three eventual production levels. J3M has defined a mineralized zone of approximately 128m long on the second level, with gold values averaging over 10 g/t and as high as 297 g/t, over a vein width of 1.8m. Sampling on the La Nena vein has shown average grades above 5 g/t with values to 45.9 g/t.
Transatlantic Provides an Exploration Update for Its Golden Jubilee Project in Montana
(TSXV: TCO) Transatlantic Mining Corp. provided an exploration update on its Golden Jubilee project in Granite County, Montana. A set of 3 additional geophysical offsets of the mineralization was recently confirmed through a reconnaissance sampling program. The footprint of the geophysical anomaly at anomaly #2 correlates directly with visual surface grab sample #28386 over 2.0 m at 22.3 g/t Au and 7.46 g/t Ag. The sample on Anomaly 2 is approximately 200 metres offset from the mined mineralisation (Resource Target Area). Drilling at Golden Jubilee previously disclosed Sept 8, 2025, was postponed and an extension was filed and granted on March 16, 2026, allowing for new drilling and dewatering of the Golden Jubilee Mine to December 1, 2026. Transatlantic has planned for 1,600 m of drilling through four holes for its next program, with two holes targeting the down-dip extension to 400 m depth and two testing the newly identified offset lateral extension also to 400 m depth. Mine dewatering work is in progress, and pipes have been recently laid and a generator purchased. Work on the Maiden Mineral Resource Estimate (MRE) continues and the MRE is expected in the next quarter or by year end. Highlights from the previous April 13, 2023 program include Drillhole #2201 with 9.1 metres at 7.8 g/t Au from 64 metres depth (8.0 m true width), including 1.5 metres at 16.11 g/t Au, and 6.1 metres at 6.86 g/t Au from 86.9 metres depth (5.5 m true width); and Drillhole #2203 with 6.1 metres at 13.1 g/t Au from 111.3 metres depth (6.0 m true width), including 3.0 metres at 17.3 g/t Au. In 2014, a bulk sample was mined and processed through 2 toll treating facilities recording 10,000 tonnes at 9 g/t Au.
Great Pacific Gold Confirms Broad Shallow Gold Mineralization at Kavasuki and Defines Priority Targeting Window Across Wild Dog
(TSXV: GPAC) Great Pacific Gold Corp. announced results from its completed maiden diamond drill program at the Kavasuki target at the Wild Dog Project in East New Britain Province, Papua New Guinea. The program comprised 12 diamond drill holes (KVH-01 to KVH-12) for a total of 1,844.8 metres. Significant intercepts include 58.90 m @ 2.43 g/t Au (2.50 g/t AuEq) and 18.10 m @ 2.08 g/t Au (2.15 g/t AuEq) in KVH-01; 38.40 m @ 2.07 g/t Au (2.14 g/t AuEq) in KVH-03; and 59.90 m @ 1.38 g/t Au (1.47 g/t AuEq) in KVH-04. Higher-grade intervals include 1.20 m @ 17.93 g/t Au and 2.20 m @ 15.78 g/t Au. New results include 5.20 m @ 1.02 g/t Au from 22.40 m in KVH-06 and 11.50 m @ 0.73 g/t Au (0.76 g/t AuEq) in KVH-12, including 2.05 m @ 2.45 g/t Au (2.53 g/t AuEq). The strongest gold mineralization is concentrated from surface to approximately 70 metres vertical depth. The program refined the 3DIP interpretation, indicating the principal chargeability response reflects disseminated pyrite rather than gold mineralization. Both rigs are now drilling at Magiabe and Mengmut.
Oreterra Expands the Kinkaid, Nevada, Copper-Gold-Silver Project with 43 More Claims Encompassing Numerous New Showings
(TSXV: OTMC) (OTCQB: OTMCF) Oreterra Metals Corp. reports a significant expansion in the size of the Kinkaid, Nevada porphyry copper-gold-silver project due to the identification of strong copper-bearing mineralization in outcrop at several locations over a promising new porphyry copper target within the newly staked area. 43 new claims have been staked to cover the new "KJ Porphyry" target and surrounding areas. A roughly 13 line-km Induced Polarization ("IP") and magnetotelluric ("MT") geophysical survey is planned over the KJ target and other targets on the Kinkaid property. Of the 18 chip and grab samples collected to date, 13 returned assays between 0.28% to 5.79% Cu with four samples assaying between 0.9 and 7.6 g/t Au. A prominent 1.3 x 0.9 km potassic anomaly with a coincident magnetic low has been outlined over the KJ area. Numerous copper prospects have now been located across an area 600 metres in width. The company expects the Kinkaid project will be drill-ready by year end 2026, subject to BLM permitting. Five possible porphyry copper-gold centres have now been identified on the Kinkaid claim block in addition to a developing target on the nearby KIN claims.
Roxmore Resources Reports Additional Drill Results from the Converse Gold Project in Nevada
(TSX: RM) Roxmore Resources Inc. reported additional gold and silver assay results from its ongoing infill and extension drill campaign at the Converse Gold Project, located on the Battle Mountain - Eureka Trend in Nevada, USA. Drill hole CV26-017 returned 85.3 metres grading 0.52 g/t Au and 2.34 g/t Ag from 207.3 metres, and 32.0 metres grading 0.48 g/t Au and 2.85 g/t Ag from 300.2 metres. Drill hole CV26-020 intersected 57.9 metres grading 0.62 g/t Au and 3.02 g/t Ag from 76.2 metres, including 32.0 metres grading 0.84 g/t Au from 77.7 metres, and 62.5 metres grading 0.79 g/t Au and 3.16 g/t Ag from 163.1 metres, including 39.6 metres grading 1.07 g/t Au from 178.3 metres. Drill hole CV26-022 intersected 94.5 metres grading 0.73 g/t Au and 2.34 g/t Ag from 114.3 metres. The drill program has now expanded to three active rigs, consisting of one reverse circulation drill rig and two diamond core rigs. Approximately 30,000 metres of indicated infill drilling has been planned, of which approximately 31% has been completed to date. Roxmore has appointed Robert Dufour as Chief Financial Officer, replacing Zeenat Lokhandwala during her planned maternity leave of absence.
Omai Gold Drills 5.12 g/t Au over 40.5m and 2.68 g/t Au over 40.7m at Wenot
(TSXV: OMG) (OTCQB: OMGGF) Omai Gold Mines Corp. announced assay results from eleven additional diamond drill holes from its ongoing 50,000 metre drilling program at its 100% owned Omai Gold Project in Guyana, South America. Hole 26ODD-193 in central Wenot intersected 11 discrete gold zones, including 5.12 g/t Au over 40.5m, which included 11.29 g/t Au over 10.4m at a vertical depth of between -260 to -290m. Five rigs continue to drill at Omai, and to date this year, 74 drill holes have been completed, totalling 35,149m. Hole 26ODD-208, testing the depth potential of the Gilt Deposit, was completed at a downhole depth of 1,438m (~1,200m vertical depth). The Preliminary Economic Assessment (PEA) recently announced for the Omai Project delivered a mine plan for production averaging 351,000 oz per year over an 18-year mine life. Over the past 16 months, the Omai Mineral Resource Estimate (MRE) increased by 86%. The Omai PEA supports a net present value (NPV) of $6.2 billion at a 5% discount rate, with the current gold price around $4,500/oz. An additional 77 holes, totalling 37,077m, have been completed that are not included in the April 2026 MRE. The next resource update is planned for completion before year end and will support the objective of advancing the project towards a feasibility study.
DeSoto Resources Confirms Major Exploration Expansion at Siguiri Goldfields Projects
(ASX: DES) DeSoto Resources has announced a major expansion of exploration activity across its projects in the Siguiri goldfields of Guinea in West Africa. The company recently commenced soil sampling at the wholly owned Yarakoura, Woussoubadou, and Branama projects in southwest Siguiri following the collection of 143 samples from more than 687 square kilometres of drainage catchments during bulk leach extractable gold (BLEG) stream sediment sampling. DeSoto identified three priority areas to be progressively advanced through soil and rock chip sampling, further geological and regolith mapping, auger drilling, and potentially deeper drill testing. DeSoto has recommenced power auger drilling of 485 holes for 10,000 metres at the Timbakouna project, targeting 6km of artisanal workings and historical intercepts of up to 18m at 11.8 grams per tonne that were never followed up. The company has completed a 6,262-line-kilometre geophysical survey across the Timbakouna, Dadjan, Tolè, Nèrèkoro Sud, Koba, Kassa Est, and Mini projects to produce magnetic and radiometric datasets and digital terrain models. DeSoto has begun rolling out its southeast Siguiri exploration strategy nearby to Timbakouna with JV partner Fortuna Mining, including stream sediment sampling and systematic mapping of artisanal workings ahead of a planned airborne magnetic survey. Fortuna holds an initial 70% equity and is responsible for sole funding up to US$12.5 million of exploration expenditure across four contiguous blocks totalling 591 sq km of the Birimian-aged Siguiri Basin. DeSoto has acquired approximately 1,300 sq km of prospective gold tenure and 22 reconnaissance authorisations and exploration permits in the Siguiri Basin since early 2025, establishing itself as the region’s fifth-largest landholder.
Goldgroup Files Second Quarter 2026 Financial Results and Provides Update on Combined Company
(TSXV:GORO) Goldgroup Mining Inc. announced the appointment of Javier Reyes as permanent Chief Executive Officer by unanimous decision of the Board of Directors. The company reported a cash balance of US$15,700,000 as of June 30, 2026, with Gold Resource holding US$43,300,000, for a pro forma combined cash balance of US$59,000,000 and zero debt. Goldgroup filed its financial statements and MD&A for the second quarter ended June 30, 2026, which do not include Gold Resource's results. For the three months ended June 30, 2026, Goldgroup mined 305,300 tonnes of high-grade ore, 13,955 tonnes of run-of-mine, and 2,623,628 tonnes of waste, with a total of 2,942,883 tonnes mined and a waste-to-ore ratio of 8.22. Gold ounces produced were 3,843 and ounces sold were 4,748, with an average realized price per ounce of $4,429. Gold sales revenue was $21,031,000 and silver sales were $75,000, for total revenue of $21,106,000. The company reported a loss before income taxes of $4,355,000 and a comprehensive loss of $6,080,000 for the quarter, with a basic and diluted loss per share of $0.02 and 74,624,000 weighted average shares outstanding. The completed combination with Gold Resource brings together four 100%-owned precious-metals assets across Mexico and the United States, including two producing mines, a formerly producing mine under evaluation for restart, and a major development project. Combined sales for the first half of 2026 included 2,903 ounces of gold, 732,819 ounces of silver, 1,806,843 pounds of lead, 4,081,793 pounds of zinc, and 318,370 pounds of copper from Don David, and 8,996 ounces of gold and 3,775 ounces of silver from Cerro Prieto, for a total gold equivalent of 27,425 ounces. Goldgroup completed 25,726 metres of diamond drilling in 123 holes at Don David and is advancing a 26,000-metre diamond drilling program at San Francisco. The company entered into a 12-month arm's-length consulting services agreement with First Globe Capital International Inc. effective August 31, 2026, granting 500,000 stock options and a monthly cash retainer of CAD$5,000.00.
Red Lake Gold Inc. Announces Private Placement
(CSE: RGLD) Red Lake Gold Inc. announces that it intends to complete a non-brokered private placement of up to 5,000,000 common shares at a price of $0.075 per common share for gross proceeds of up to $375,000. The Offering may be completed in one or more tranches. The Corporation intends to use the net proceeds of the Offering for general working capital, the satisfaction of ongoing corporate obligations and exploration work at the Corporation's mineral properties. Certain insiders of the Corporation may participate in the Offering for up to 25% of the Offering. No new insider or control person is expected to be created as a result of the Offering. To the extent that insiders participate in the Offering, their participation will constitute a 'related party transaction' within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions. The Corporation expects to rely on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a), respectively, as the fair market value of the Common Shares to be issued to insiders, and the consideration to be paid by insiders, will not exceed 25% of the Corporation's market capitalization. The Corporation may pay finder's fees in connection with the Offering in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. Completion of the Offering remains subject to receipt of all required regulatory approvals, including acceptance by the CSE. All Common Shares issued under the Offering will be subject to a statutory hold period of four months and one day from the applicable closing date.
RETRANSMISSION: Gold Runner Exploration Samples Up To 25,306 Grams per Ton Silver With 11.22 Grams per Ton Gold For a Gold Equivalent of 12.7 Ounces per Ton in New 350 Meter Gold Stack Trend on the 100% Controlled Golden Girl Property, Golden Triangle, B.C.
(CSE: GRUN) Gold Runner Exploration Inc. announced initial assay results from surface sampling at the newly discovered Gold Stack Trend on the Golden Girl property, Golden Triangle, British Columbia, with samples assaying up to 25,306 g/t Ag and 11.2 g/t Au, or 12.7 oz/t AuEq. Eleven samples from the first batch of 60 collected during the 2026 exploration program assayed over 1 g/t AuEq, with seven of those assaying over 10 g/t AuEq. The Gold Stack Trend forms a mineralized corridor up to 50 meters wide with a confirmed exposed strike length of 350 meters that remains open for expansion. Sample N908103 returned 11.22 g/t Au, 25,306 g/t Ag, 2.96% Cu, 8.19% Pb, 5.89% Zn, and 396.66 g/t AuEq. Additional high-grade discoveries outside the Gold Stack Trend include showings assaying up to 36.86 g/t AuEq (1.6 km east), 24.54 g/t AuEq (2 km south), and 17.12 g/t AuEq (3 km northwest). The Golden Girl Property covers 5,873 hectares in the Iskut River region of Northwestern British Columbia, 17 km from the Snip Mine and 14 km from the Bronson Airstrip. Discovery exploration in 2024 identified a gold-silver system measuring 12 km by 7 km, with grab samples assaying up to 11.28 g/t Au, 3,262 g/t Ag, 5.37% Cu, 20% Pb, and 14% Zn, and channel cuts up to 3.74 g/t Au, 2,105.45 g/t Ag, 0.88% Cu, 5.48% Pb, and 7.42% Zn. Goliath Resources and Juggernaut Exploration are partners within the B-ALL Syndicate, the optionor of Golden Girl, holding 4% and 13% interest in B-ALL, respectively. The 2026 exploration program is designed to generate drill targets for a planned 2027 inaugural drill program. Assays are pending for multiple channel cuts and grab samples collected across the property.
Boreal Gold Closes the First Tranche Private Placement for $215,100.00
(CSE: BGLD) Boreal Gold Inc has closed the first tranche financing of $215,100.00 of a non-brokered private placement announced on August 13, 2026 and updated on August 26, 2026. The closing is comprised of 717,000 Flow Through Shares at a price of $0.30 per Flow-Through Share representing proceeds of $215,100.00 for an aggregate total raised of $215,100. The securities issued are subject to a four-month statutory hold period in Canada ending on January 1, 2027. The Fay Lake Property consists of 17 contiguous claims comprising of 2719 ha. and lies 25km Northeast of Flin Flon, Manitoba. The Melgurd property consists of 11 mineral claims totalling 7411 ha., lies Northwest of Flin Fon Manitoba just north of the Shotts Lake copper-zinc VMS deposit in Saskatchewan. The North Star Group property consists of 2922 Ha in 21 contiguous claims and two mining leases and is located 50 kilometres west of Snow Lake Manitoba. Drilling the Gold Rock Vein has been completed on the North Star Property with very encouraging results (Boreal Gold July 29 and July 30, 2026 news releases). Drilling has begun at Fay Lake targeting the Redwin volcanic massive sulphide horizon as well as high-grade gold quartz veins found in trenches (J. Pearson, Sept. 4, 2024, National Instrument 43-101 technical report) proximal to and within the Redwin horizon (Boreal Gold August 18, 2026 news release). Drilling will also target the high-grade quartz veins sampled at Koscielny Lake (Boreal Gold August 18, 2026 and Nov. 21, 2025, news releases). Boreal Gold intends to use the proceeds from this financing for drilling both the Redwin volcanic massive sulfide horizon as well as high-grade gold quartz veins found in trenches and at Koscielny Lake, as well as for assays, line cutting, prospecting and detailed geological mapping and sampling the grid extension to the east towards Puffy Lake. Exploration will continue on the North Star property with additional prospecting, sampling and detailed mapping of the under explored one km intervening area between the North Star and Gold Rock Deposits. On the Melgurd Lake property, the use of proceeds and focus of this year's exploration work will be the evaluation of airborne conductors near Cornell Bay, and further work is planned to ground truth these conductors.
Bourse de Toronto, Independence Gold Corp., Perspective de la haute direction
(TSXV: IGO) Independence Gold Corp. is described as a mining exploration company with a strong financial foundation. Independence Gold holds a portfolio of assets ranging from early-stage prospecting to advanced-stage resource expansion in Colombie-Britannique and Yukon. The company is well positioned to add shareholder value through the systematic advancement of projects. Randy C. Turner is identified as président et chef de l'exploitation and président et chef de la direction of Independence Gold Corp. The company is featured in a video interview with Groupe TMX as part of the Perspective de la haute direction series. The video provides insights into the thinking of company executives in the current business context. For more information, the company directs readers to its website at https://ingold.ca/. The source of the release is the Toronto Stock Exchange.
Avanti Gold Announces Upsize of Bought Deal Private Placement to C$45 Million
(CSE: AGC) Avanti Gold Corp. announced that it has increased the size of its previously announced private placement from C$35 million to C$45 million, with the oversubscribed book now closed. The Offering consists of 90,000,000 units at a price of C$0.50 per unit for aggregate gross proceeds of C$45 million, led by SCP Resource Finance LP as sole bookrunner and underwriter. Each unit comprises one common share and one-half of one common share purchase warrant, with each whole warrant exercisable at C$0.65 for 36 months from issuance. The Underwriter has an option to increase the size of the Offering by up to 15%, which, if fully exercised, would raise maximum gross proceeds to C$51.75 million. The Underwriters will receive a cash commission of 6.0% of the gross proceeds and broker warrants equal to 6.0% of units sold, exercisable at the issue price for 3 years. The Offering is expected to close on or about September 22, 2026, subject to regulatory approvals. Net proceeds will fund the Company's 42,000-metre 2026 drill program at the Misisi Project, advancement of the PEA, general and administrative expenses, and working capital. The Akyanga deposit at the Misisi Project has an Inferred Mineral Resource of 40.8 million tonnes at an average gold grade of 2.37 g/t, totaling 3.11 million ounces of gold. The Misisi Project covers three contiguous 30-year mining leases totaling 133 square kilometers along the 55-kilometer-long Kibara Gold Belt. A 42,000-metre drill program, the largest in the project's history, is underway with the objective of growing gold resources in advance of a PEA expected in 2027. Certain insiders may participate in the Offering, which would constitute a related party transaction under MI 61-101, and the Company intends to rely on exemptions from the formal valuation and minority shareholder approval requirements.
Silvercorp Publishes Fiscal 2026 Sustainability Report
(TSX: SVM) Silvercorp Metals Inc. published its annual Sustainability Report for the year ended March 31, 2026, detailing its environmental, social, and governance commitments, performance, and targets. In Fiscal 2026, Silvercorp expanded its geographic footprint with the addition of the Tulkubash and Kyzyltash gold projects in Kyrgyzstan. The company reduced freshwater withdrawal intensity by 46% from its 2020 baseline. Silvercorp invested $3.7 million in environmental protection, representing a 64% increase over Fiscal 2025, and recorded zero significant environmental incidents. The company delivered more than 25,000 hours of production safety training, a 34% increase over the previous year, and invested $3.2 million in local community initiatives, a 134% increase over the previous year. Silvercorp achieved a 72% local employment rate across global operations, a 10% increase over the previous year. The company conducted 87 compliance training sessions, with 6,008 participations and an average of 3.28 training hours per person. Governance was strengthened through the addition of two new corporate policies: the Waste and Emissions Management Policy and the Information Security Management Policy. The report was prepared with reference to the Global Reporting Initiative Standards, United Nations Sustainable Development Goals, Task Force on Climate-Related Financial Disclosures, Global Industry Standard on Tailings by the International Council on Mining and Metals, and the Sustainability Accounting Standards Board standard on Metals and Mining.
TNR Gold Begins Exploration Program on Shotgun Gold Project in Alaska
(TSXV: TNR) TNR Gold Corp. announced the start of an exploration program on the Company's Shotgun Gold Project in Alaska. The 2026 field program at the Shotgun and Winchester prospects will follow up the 2022 field program and investigate geochemical anomalies from the 1998 Novagold Resources soil surveys and geophysical targets from the SJ Geophysics 2011 and 2012 IP surveys. TNR Gold has consolidated and updated its mining claims in Alaska and is actively introducing the project to interested parties. TNR holds a 90% interest in the Shotgun Gold Project, which is located 190 kilometres south of the Donlin Gold Project deposits within the Kuskokwim Gold Belt in southwestern Alaska. TNR holds a 1.5% NSR royalty on the Mariana Lithium Project in Argentina, of which 0.15% is held on behalf of a shareholder. Ganfeng Lithium's subsidiary, Litio Minera Argentina, has the right to repurchase 1.0% of the NSR royalty on the Mariana Project, of which 0.9% is the Company's NSR royalty interest, and the Company would receive CAN$900,000 and its shareholder would receive CAN$100,000 on the repurchase by LMA, resulting in TNR holding a 0.45% NSR royalty and its shareholder holding a 0.05% NSR royalty. The Mariana Lithium Project is 100% owned by Ganfeng Lithium and has been approved by the Argentina provincial government of Salta for an environmental impact report. Ganfeng Lithium officially inaugurated Mariana Lithium's start of production at a 20,000 tons-per-annum lithium chloride plant on February 12, 2025. TNR Gold also holds a 0.4% NSR royalty on the Los Azules Copper Project, of which 0.04% is held on behalf of a shareholder, and a 7% NPR on the Batidero I and II properties of the Josemaria Project being developed by the joint venture between Lundin Mining and BHP.
Lode Gold Further Strengthens Engineering, Geological & Permitting Team
(TSXV: LOD) (OTCQB: LODFF) Lode Gold Resources Inc announced the addition of Roberto Llovet Vazquez, a mine engineer with over a decade of underground mining operations experience, to its Technical Advisory Board for the Fremont Gold Mine. Roberto Llovet Vazquez has served as Chief Operating Officer (COO) across multiple underground producing and development-stage operations in Spain, Peru, and Mexico, and has a track record that includes restarting a Buenaventura spin-out silver mine in Peru, cutting costs by 50% and scaling output by more than 100% within 12 months. He also led the advancement of an underground tungsten-gold intrusive project in Spain from Preliminary Economic Assessment (PEA) to Definitive Feasibility Study (DFS), and oversaw operations at four producing underground silver mines for Grupo México in Chihuahua, Mexico. As COO at Minas de Alquife in Granada, Spain, and Minera de Órgiva, he doubled production while cutting operating costs in half. The Technical and Permitting Advisory team now includes Bill Fisher, who as Chairman of Aurelian Resources led the discovery of the Fruta del Norte gold deposit in Ecuador, resulting in the company's acquisition by Kinross Gold for $1.2 billion in 2008, and who also helped develop the Cerro de Maimon copper/gold mine in the Dominican Republic, which was sold to Perilya for $186 million. Fremont Gold Mine Project (Fremont Gold Mining LLC) in Mariposa, California, has 43,000 m drilled, 10,000 underground channel samples, 14 adits and 2 shafts, and was mined at 10.7 g/t when gold was $35 per oz. The 2023 PEA was based on 1.16 Moz at 1.90 g/t Au within 19.0 Mt Indicated, and 2.02 Moz at 2.22 g/t Au within 28 Mt Inferred, with average true widths at 1 g/t cut off of 53m. The MRE was updated in 2026, and 89% of the ounces were left unmined compared to historical production. The project sits on more than 3,000 acres of 100% owned private and patented land designated as an Opportunity Zone. The Dingman Property in Ontario, Canada, has over 22,000 m drilled, with a 2013 PEA and MRE of 376,000 oz at 0.94 g/t within 12.5 Mt measured and indicated, and 47,000 oz at 0.71 g/t within 2.1 Mt Inferred.
Sterling Metals Completes Acquisition of QcX Gold Corp.
(TSXV: SAG) (OTCQB: SAGGF) Sterling Metals Corp. and QcX Gold Corp. (TSXV: QCX) announced the closing of the acquisition of QcX by Sterling, completed pursuant to a court-approved plan of arrangement under the Business Corporations Act (British Columbia) as contemplated in the arrangement agreement dated June 1, 2026. The transaction was approved by QcX shareholders at the annual general and special meeting held on August 18, 2026. For every 4.81026 common shares of QcX held, holders received one common share in Sterling, based on an exchange ratio of 0.20789, resulting in the issuance of 4,922,249 Sterling Shares to former holders of QcX Shares. Sterling also issued an aggregate of 1,649,399 common share purchase warrants and 299,361 options to acquire Sterling Shares in exchange for the issued and outstanding QcX warrants and options, on the same economic terms. Upon completion, existing Sterling and QcX shareholders own approximately 90.4% and 9.6% of Sterling, respectively. There were no finders fees payable pursuant to the transaction. The QcX Shares are expected to be delisted from the TSX Venture Exchange as of the close of trading on or around September 1, 2026, and Sterling will apply for QcX to cease to be a reporting issuer under applicable Canadian securities laws. The transaction consolidates a land package exceeding 35,000 hectares across the Batchewana Copper Belt in northern Ontario, expanding Sterling's district footprint by approximately 40% and adding multiple copper and gold exploration targets surrounding the Company's Soo Copper Project. In connection with the completion of the transaction, Albert Contardi, former Chief Executive Officer of QcX, has been appointed to the board of directors of Sterling.
Bravada Gold Delivers Positive PEA Update for Wind Mountain, Nevada
(TSXV:BVA) Bravada Gold Corporation announced results from an updated Preliminary Economic Assessment (2026 PEA) for its 100%-owned Wind Mountain Gold-Silver Project located in Northern Nevada. The 2026 PEA reports an after-tax NPV (5%) of US$415 million (C$593 million), an after-tax IRR of 60%, and a 2.0-year payback at a base case of US$3,600/oz gold and US$48/oz silver. At US$4,500/oz gold and US$70/oz silver, the after-tax NPV (5%) increases to US$681 million (C$973 million), with an after-tax IRR of 86% and a 1.5-year payback. The mine life is 11.2 years, with average annual production of 40.7 koz gold and 280 koz silver (44.4 koz AuEq/year), totaling 454,000 oz gold and 3.1 million oz silver over the life of mine. All-in sustaining cost is US$1,653/oz and cash cost is US$1,504/oz. Total project capital is US$139.0 million (US$98.1 million initial, US$41.0 million sustaining), including a 20% contingency. The mine plan is supported by 56.0 million tonnes Indicated (623,700 oz AuEq) and 40.0 million tonnes Inferred (210,200 oz AuEq) resources, within a US$3,100/oz gold and US$36/oz silver price-optimized pit and a strip ratio of 0.20:1. The heap leach processing rate is 22,680 t/d (25,000 tons/d), with average gold recovery (oxide) of 62% and silver recovery (oxide) of 15%. The Company plans to launch a metallurgical test program and continue its 2026 drilling program in Q4 2026, with results to feed into a Pre-Feasibility Study targeted for the second half of 2027.
Barksdale Completes Phase II Earn-In to Reach 67.5% Ownership of Sunnyside; Advances San Javier Gold Work
(TSXV: BRO) (OTCQB: BRKCF) Barksdale Resources Corp. announced that final cash and share payments to Great Basin Metals Inc. were completed on August 28, 2026. On that date, the Company paid $550,000 in cash and issued 4,900,000 common shares to Great Basin in satisfaction of the remaining Phase II earn-in requirements. The common shares issued to Great Basin are subject to a four-month hold period from the date of issuance, in accordance with Canadian securities legislation. As a result, Barksdale's ownership percentage of Arizona Standard LLC, holding company of the Sunnyside Property located in the Patagonia mining district of southern Arizona, has increased from 51% to 67.5%, while Great Basin's ownership has decreased from 49% to 32.5%. Arizona Standard's Sunnyside Property will now be operated under the direction of a Management Committee chaired by Barksdale, composed of three delegates representing Barksdale and two delegates representing Great Basin. All approved spending will be funded based on the 67.5% and 32.5% ownership percentages. The Company intends to present an initial budget to the Management Committee in early September 2026, which would provide for completion of the Fall 2026 diamond drill program, an airborne ZTEM survey over the property, and other supporting expenditures. The property option agreement between Barksdale (and its subsidiary, Estrella de Cobre, S.A. de C.V.) and Tusk Exploration Ltd. (and its subsidiary San Javier de Cobre, S.A. de C.V.) to purchase 100% of Tusk Exploration's San Javier Property was executed on September 22, 2020, and included 12 named concessions. All required cash and share payments are paid and transfer of the 12 concession titles is underway. The resampling of 2007 drill core rejects for gold content returned very favourable results as announced in the Company's July 30, 2026, press release.
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Excellon Defines Targets at Tres Cerros; Grab Sampling Returns up to 14 g/t Gold and 9,050 g/t Silver
(TSXV: EXN) Excellon Resources Inc. provided an update on its 2026 exploration fieldwork and district-scale geologic mapping at the Tres Cerros exploration property, adjacent to its operating Mallay Mine in Peru. The Tres Cerros property covers approximately 11,000 hectares of contiguous concessions and is prospective for epithermal gold-silver and porphyry copper mineralization. Seven target areas have been defined across approximately 40% of the Tres Cerros license, each showing geological, hydrothermal alteration, and gold-silver geochemistry favourable to epithermal precious metal mineralization. Grab sampling returned values up to 14 g/t gold and 9,050 g/t silver at Xica (mapped over 400m x 200m), 4.30 g/t gold at Alpaquitay (1,000m x 500m), and 512 g/t silver at Xica East (100m strike), with several targets remaining open along strike. At Vicuña, grab samples returned up to 0.60 g/t gold, 135 g/t silver, and 3,683 ppm copper over a mapped area of 500m x 400m. At Alpaquitay West, grab samples returned up to 1,647 ppm lead and 3,455 ppm zinc, while at Diatrema Norte, grab samples returned up to 7,000 ppm zinc and 173 ppm lead. Excellon has completed environmental baseline and archaeological studies and anticipates submission of the Environmental Impact Declaration ("DIA") to Peru's Ministry of Energy and Mines by year-end, with an initial drill program at Tres Cerros targeted for the first half of 2027. Dorian L. ("Dusty") Nicol, P.Geo. has been appointed Exploration Advisor, having led the district-scale mapping and target identification program at Tres Cerros. The company’s exploration team has been strengthened to support ongoing and future work at Tres Cerros.
6d agoPerpetua Resources Provides Construction Update on the Stibnite Gold Project and Exploration Activities
(NASDAQ:PPTA) (TSX:PPTA) Perpetua Resources Corp. provided an update on critical path construction progress at its Stibnite Gold Project in central Idaho. As of August 24, 2026, approximately half of the ATCO-supplied permanent worker housing units have been delivered to Stibnite, with the remainder staged 75 miles away in Cascade and deliveries occurring nearly every day. The permanent facility location at Stibnite is ready for installation, with grading completed and utilities installed. Exploration drilling is underway with 4 rigs and approximately 5,800 meters of the new 10,000-meter drill program completed to date. Recent drilling at the Clark Tunnel Fault Zone returned 6.4 meters of 16.2 g/t gold & 1.7% antimony from surface, 15.0 meters of 6.3 g/t gold & 0.8% antimony from an 11-meter depth, and a new gold-tungsten discovery of 21.3 meters of 3.2 g/t gold & 0.9% tungsten from a 24-meter depth. At the Huckleberry Fault Zone, drilling returned 69.6 meters of 0.8 g/t gold. At Hangar Flats, initial drilling returned 3.0 meters grading 14.5 g/t gold, and deeper drilling returned 22.9 meters of 3.2% antimony & 1.2% tungsten, 9.8 meters of 8.3% antimony & 4.6% tungsten, and 3.4 meters of 10.6% antimony & 1.5% tungsten. On July 29, 2026, Perpetua Resources, the U.S. Army, and Idaho National Laboratory held a ribbon-cutting for a modular mineral processing plant at INL in Idaho Falls, which will initially process antimony samples from Stibnite into antimony trisulfide for military use. Since 2022, Perpetua has been awarded over $87 million from the U.S. Department of War and the U.S. Army, including more than $59 million in Defense Production Act funds and a recent $4.7 million award, bringing total Army funding under the Ordnance Technology Initiative Agreement to $27 million. On August 18, 2026, the U.S. District Court of Idaho affirmed the U.S. Forest Service's and other federal agencies' approval of the Stibnite Gold Project, upholding federal approvals and the substance of agency decisions under the Endangered Species Act, while remanding the Incidental Take Statements to the U.S. Fish and Wildlife Service for clarification of monitoring and reporting measures. Plaintiffs have filed an appeal of the District Court's decision, but Perpetua continues to move forward with critical path construction activities.
6d agoGold Runner Exploration Samples up to 25,306 Grams per Ton Silver with 11.22 Grams per Ton Gold for a Gold Equivalent of 12.7 Ounces per Ton in New 350 Meter Gold Stack Trend on the 100% Controlled Golden Girl Property, Golden Triangle, B.C.
(CSE: GRUN) Gold Runner Exploration Inc. announced initial results for samples assayed up to 25,306 g/t Ag and 11.2 g/t Au, or 12.7 ounces per ton Gold Equivalent, from the newly discovered 350 meter long and up to 50 meter wide Gold Stack Trend on the Golden Girl property, Golden Triangle, B.C. Eleven samples from the first batch of 60 samples collected during the Golden Girl 2026 exploration program assayed over 1 g/t AuEq, seven of which assayed over 10 g/t AuEq. Initial assay results from surface sampling at the Gold Stack Trend returned grades up to 396.66 g/t or 12.7 oz/t AuEq (sample N908103: 11.22 g/t Au, 25,306 g/t Ag, 2.96% Cu, 8.19% Pb, 5.89% Zn). Additional high-grade discoveries outside the Gold Stack Trend include showings assaying up to 36.86 g/t AuEq (1.6 km east), 24.54 g/t AuEq (2 km south), and 17.12 g/t AuEq (3 km northwest). The Golden Girl Property covers 5,873 hectares in the Iskut River region of Northwestern British Columbia, located 17 km from the Snip Mine and 14 km from the Bronson Airstrip. Discovery exploration in 2024 identified a gold-silver system measuring 12 km by 7 km with grab samples assaying up to 11.28 g/t Au, 3,262 g/t Ag, 5.37% Cu, 20% Pb, and 14% Zn, and channel cuts up to 3.74 g/t Au, 2,105.45 g/t Ag, 0.88% Cu, 5.48% Pb, and 7.42% Zn. The summer 2026 exploration team leaders are the same team that helped discover Juggernaut Exploration's Big One discovery and Goliath Resources' Surebet discovery. Goliath Resources and Juggernaut Exploration are partners within the B-ALL Syndicate, the optionor of Golden Girl, holding 4% and 13% interest in B-ALL, respectively. Gold Runner Exploration holds the option to acquire a 100% interest in the Golden Girl Property and also holds a 10% carried interest in the Cimarron project in Nye County, Nevada. Gold Equivalent (AuEq) metal values are calculated using: Au 4,579.61 USD/oz, Ag 68.74 USD/oz, Cu 6.53 USD/lb, Pb 1,814.37 USD/ton and Zn 3,628.74 USD/ton on August 27, 2026. Assays are pending for multiple channel cuts and grab samples collected across the Property and are directed toward defining high-priority targets for the planned summer 2027 inaugural drill program.
6d agoDryden Gold Reports on Deeper Drilling at Spyglass with 9.40 g/t Gold over 4.60 meters at a True Depth of 330 Meters, Provides Marketing Update
(TSXV: DRY) (OTCQX: DRYGF) Dryden Gold Corp. announced the successful down-dip expansion of the Spyglass and Buccaneer high-grade zones at Gold Rock. Four drill holes were completed testing the down-plunge extension of the high-grade gold mineralization. At Spyglass on BM1, drillhole DGR-073 assayed 9.40 g/t gold over 4.60 meters, including 78.40 g/t gold over 0.38 meters. DGR-073 also intersected Buccaneer on BM1 at 370 meters true depth. Spyglass has been extended from approximately 190 metres to 330 metres vertical depth, and Buccaneer has been extended from approximately 185 metres to 370 metres vertical depth. The expanded drilling has approximately doubled the interpreted size of the Spyglass zone, adding approximately 110 metres by 50 metres of mineralized footprint, with the interpreted footprint increasing by approximately 5500 square meters. Drillhole DGR-073 intersected Buccaneer, south of the modeled high-grade zone, and assayed 0.95 g/t gold over 5.55 meters, including 7.70 g/t gold over 0.55 meters. Other drill results include DGR-071 at Spyglass (BM2) with 4.60 g/t gold over 2.00 meters, including 12.40 g/t gold over 0.50 meters, and at Buccaneer (BM1) with 0.68 g/t gold over 3.00 meters. DGR-072B at Spyglass (BM2) returned 5.47 g/t gold over 1.65 meters, including 13.90 g/t gold over 0.50 meters, and at Buccaneer (BM1) 0.66 g/t gold over 5.90 meters, including 4.79 g/t gold over 0.50 meters. DGR-074 at Spyglass (BM2) returned 2.54 g/t gold over 4.78 meters, including 10.10 g/t gold over 0.75 meters, and at Buccaneer (BM1) 0.20 g/t gold over 6.30 meters. The company's fully funded, 45,000-meter drill program will continue testing down-plunge extensions of the known high-grade zones on its 15 mineralized structures. Dryden Gold entered into a promotional services agreement dated February 27, 2026, with Epstein Research for a three-month term, paying a cash fee of US$7,500 in advance, with no securities or equity-based compensation issued.
6d ago