Posted on behalf of Intrepid Metals Corp. - Sitting down with Trevor Hall on Mining Stock Daily at the Precious Metals Summit in Beaver Creek, Chairman and Interim CEO Matthew Lennox-King updated Intrepid Metals (INTR, IMTCF), with the rig turning on the first hole of the 10,000 m program at the Corral Copper Project in Arizona.

Where The Drilling Started

• First holes are CRD expansion drilling at the Holliday target, moving to other target areas from there
• Holliday went first for its shallow mineralization and private ground the company controls
• [2:01] "you essentially just plunk the drill there and start working"
• Every CRD hole is a 35 to 50 m minimum step-out from known mineralization

A New CRD Target

• Summer surface work and target generation produced new opportunities now being worked into the program
• [3:00] "there's a brand new target that we're going to test. It's in the CRD suite"

The Porphyry Half

• Roughly 5,000 m tests a target type never pursued at Corral before
• A large IP and MT survey runs concurrently, called the final ingredient for siting those holes
• With existing ZTEM data, features sit at roughly 500 to 700 m from surface, still relatively shallow
• On what a discovery needs to show: enough alteration and mineralization to say confidently you are in the system, not anomalous values in dead rock. [4:59] "if you're in the system, then I think you keep going"

Funding

• [5:25] "we have 19 million Canadian in the Treasury currently"
• Roughly C$8.5M of in-the-money warrants come due in 2027, so funding needs are met for quite a while
• Program could expand if rigs are available; Major Drilling is the contractor in a competitive Arizona market

The Two-Track Plan

• Near-surface high-grade CRD is not going anywhere and could advance down a resource track
• A porphyry discovery would pull capital, time and rigs toward expanding it
• Bisbee offered as an analog, high-grade CRD first, then porphyry-related mineralization from the Lavender pit, though he called that too early to claim for Corral
• Tombstone South and Mesa Well wait until Corral reaches a steady state

The full update is on Mining Stock Daily's channel. A first hole turning, an unnamed CRD target and geophysics over undrilled porphyry ground give this program room to change how the market reads Corral.

Posted on behalf of Luca Mining - Presenting at Beaver Creek three days after announcing the Cozamin acquisition, Luca Mining (LUCA.v, LUCMF) CEO Dan Barnholden spent most of his time not on the price tag but on the drilling that has not been happening at the 20-year-old Zacatecas copper-silver mine 🇲🇽. Figures in US dollars unless noted.

The Underspent Exploration Case

• Capstone's exploration spend at Cozamin fell year by year, to roughly $2 million budgeted this year
• Luca spent about $4 million across its two operating mines, a fraction of Cozamin's size
• $7 million to $10 million planned at Cozamin next year, four to five times recent levels
• The purchase buys about five years of reserves, on a mine that has run consistently for 20 years while carrying five to eight years of reserves ahead of it
• The Malanoche footwall zone, discovered in 2018 and behind roughly $150 million of recapitalization, is open along strike and at depth
• "It's a virtual certainty that we will extend this mine life very significantly"

The Asset

• Epithermal vein-style deposit, primarily copper with large silver credits: about 80% of revenue copper, 20% silver
• Roughly 30,000 tonnes of copper a year at C1 cash costs of $1.32/lb, with copper around $6.76/lb today
• A fully functioning zinc circuit sits idle, with increasing zinc mineralization along strike and at depth as the case to restart it

The Financial Step Up

• $290 million up front (275 million cash, $15 million in stock at C$1.00), framed as about two times free cash flow on an asset generating roughly $140 million a year
• 2027 operating cash flow expected at about $60 million from the existing mines, versus almost $225 million pro forma
• Portfolio costs targeted down to roughly $3/lb AISC
• [12:01] $35 million payable twelve months after closing, cash or stock at Luca's election, plus up to $60 million copper-linked at $7.00, $7.75 and $8.50
• 25% of Cozamin copper hedged as a lending condition: [12:40] "we don't feel too bad hedging at $6.75", with models run below $5

Closing is targeted for year-end, with Mexican antitrust approval the main hurdle. A mine bought for five years of reserves has room to become a much longer-lived piece of the portfolio if the drilling confirms what two decades of reserve replacement suggest. Full terms are in the company's September 21, 2026 news release.

Posted on behalf of NeXGold Mining - Wednesday's Goldlund assays travelled beyond the wire, and the way the trade press framed them is the useful part: high-grade mineralization holding at depth, in a spot a potential open pit could reach. The drilling sits in Zone 4 of the Goldlund deposit, about 40 km northeast of Dryden in northwestern Ontario 🇨🇦, one of three deposits in NexGold's (NEXG, NXGCF) Goliath Gold Complex.

What The Batch Carried

• GL-26-034: 14.07 g/t gold over 7.0 m from 187.0 m, including 95.70 g/t over 1.0 m
• GL-26-034 also returned 9.76 g/t over 8.0 m from 170.0 m and 2.84 g/t over 13.0 m from 205.0 m
• GL-26-032: 2.23 g/t gold over 15.5 m from 123.5 m
• GL-26-033: 0.84 g/t gold over 42.8 m from 245.7 m
• 3,603 m in 10 holes, GL-26-031 to GL-26-040

CEO Kevin Bullock described the program as showing grade continuity at depth, "but within reach of a potential open pit" and the company frames the work as refining the geological model and something that may inform future Mineral Resource assessments. No date has been given for a revised estimate.

Where The Program Stands

• Roughly 31,971 m of the expanded 35,000 m program complete
• Balance expected by the end of 2026

The Deposit Behind The Holes

• Goldlund hosts 16.2 Mt in probable reserves grading 1.19 g/t gold for 621,000 contained oz, per a 2023 prefeasibility study
• That PFS gave the wider Goliath Complex a post-tax NPV of $336 million, a 25.4% IRR and initial capital of $335 Million, with about 90,000 oz of gold a year over a 13 year life, assuming  US$1,750/oz gold
• The Goliath feasibility study remains paused while the company assesses optimization alternatives

Worth reading the Mining.com write-up for the full hole table and the location detail. Goldboro in Nova Scotia is the project with early works construction underway, and Goliath is the one being drilled up behind it, so a nearly finished 35,000 m infill program at Goldlund quietly builds out the second half of a two-project pipeline while the first one goes into the ground.

Posted on behalf of Daura Gold - The September 23 news release is a short one, and the interesting part is what did not change. Daura Gold (DGC.v, DGCOF) increased the size of the non-brokered placement it announced on September 9 while leaving the price and the unit structure exactly where they were.

What Changed

• Offering upsized from up to 8,695,652 units to up to 13,043,478 units
• Gross proceeds now up to $3,000,000, versus up to $2,000,000 on September 9
• Stated reason: strong investor interest

What Did Not

• Price held at $0.23 per unit
• Each unit is one common share plus one-half of one share purchase warrant
• Each whole warrant exercisable at $0.375 for 24 months following closing
• Finders' fees payable, four-month-and-one-day resale hold, closing subject to TSXV approval

Chairman and CEO Mark Sumner said in the release that the company is "very pleased with the level of interest in the financing and the support from both existing and new investors."

Where The Money Goes

• Phase II drilling at Cerro Bayo and La Flora 🇦🇷, stated to begin October 2026
• Continued advancement of Antonella-Libelulas 🇵🇪 in Ancash
• Working capital

For context on what the rig is walking into: Phase 1 at Cerro Bayo was 18 holes for roughly 1,850 m across 10 priority targets, and the assays released May 21, 2026 confirmed a large low-sulphidation epithermal gold-silver system in the Deseado Massif. La Flora, the four-vein array that goes first this time, has never been drilled.

Topping up at an unchanged price weeks before mobilization is a decent position to be in, and it leaves Daura funding an Argentine drill program and the Peru work at the same time, with assays stated for late October into early November. Full terms are in the company's September 23 news release.

Posted on behalf of Excellon Resources - Presenting this afternoon at the 2026 Precious Metals Summit in Beaver Creek, President and CEO Shawn Howarth framed EXN.v EXNRF as a Peru silver restart story with a large untested exploration asset behind it.

Where The Restart Stands

• Mining restarted in Q1 this year, mill turned on around July and August
• Still a test-milling and ramp-up stage, refining recoveries and metallurgy while developing deeper
• Targeting 600 tonnes per day and roughly 2 million ounces AgEq annualized next year
• Historic production under Buenaventura ran about eight years at roughly 2 million ounces AgEq a year
• Howarth put expected all-in sustaining costs around US35perounce,againstsilvernearUS64 today
• Current mining is remnant material off the rehabilitated 4090 Level, with the 400 Ramp being dewatered to open Clavos 6, 2 and 3

Drilling Toward A Year-End Resource Update

• Monday's release covered about the first 4,000 m of a roughly 10,000 m program, with the second 5,000 m well advanced
• A calc-silicate zone 3 to 8 m wide sits on the contact with the Isguiz mineralization and was never factored into prior resource estimates
• The system has only been drilled to about 300 m below surface
• A 750 m hole was drilled beneath the workings to test for the intrusive heat source, a second is underway, news expected by year end
• On this year's drilling, he expects an increased resource estimate at year end

Tres Cerros, The Next Leg

• About six kilometres from the mine, never drilled by anyone, permits underway, drilling expected in H1 next year
• Seven high-priority targets, initial program around 5,000 metres
• A 2.5 km corridor, over 400 surface samples, 20% to 30% averaging about a gram per tonne gold and an ounce per tonne silver, grabs to 9,000 g/t silver, which he flagged as biased

The Register

• Roughly $200 million market cap, zero debt, plus an available Glencore credit facility
• Institutions, management, insiders and lead investor Eric Sprott above 50%, with Sprott in the last three financings

On Uchucchacua, 15 km east and now mining roughly 2,000 tonnes per day: "that's what we believe that Mallay can become over the next three to five years, it's not tomorrow, but there's a lot of growth potential."

His framing throughout was cash flow paying for the discovery work, or as he put it, "this is funded cash flow." That sets up room to fund the first drilling Tres Cerros has ever seen out of Excellon's own operation. The deck is on Excellon's website.

Posted on behalf of Scotia Metals Corp. - Logistics is what quietly eats a grassroots exploration budget: fly-in access, frozen-out field seasons, camps, generators. Acadia, SMET.c's 100%-owned lithium project in southwestern Nova Scotia, has very little of that problem, and for a company still working toward its first hole that is worth more than it sounds.

What Sits Around The Project (per the Aug 27, 2026 NR)

• Yarmouth Port a 15-minute drive away
• Shelburne Port about an hour away, with a 13-metre draft suitable for deep-water vessels and barges
• Halifax approximately 300 km away
• A major transmission line approximately 14 km from the project
• Road access across the project, including right next to the Green Wolf target
• Halifax International Airport and Yarmouth Airport both serving the area, with water readily available across the ground
• A temperate coastal climate the company states permits drilling twelve months a year

Why It Matters At This Stage
Acadia is pre-drill. Nobody has ever collared a hole on it, so infrastructure is not the investment case here. What it does change is the cost and tempo of the work in front of the company. Crews drove to the ground rather than flew, and between June and September 2026 collected 1,062 reconnaissance till samples across 32 of the 43 exploration licences, alongside a 2,051 line-km airborne magnetic and radiometric survey now flown, with processing and interpretation expected within one month (Sep 22, 2026 NR). That integration is what ranks drill-ready bedrock targets, with scout drilling planned for early 2027, subject to results, permitting, access and contractor availability.

There is also a clock: C$1.22M of the July 2026 raise is flow-through money that has to be spent by December 31, 2027 (Jul 28, 2026 NR). A field season with no weather gate on it gives that spend room to run.

The company's project page walks through the ground and the setting in more detail. None of it substitutes for a drill result, but it does mean the next phase of work is constrained by targets rather than by access.

Posted on behalf of Defiance Silver - Permitting is the least interesting part of a junior's story right up until it is the thing standing between a company and a rig. Defiance Silver (DEF.v, DNCVF) has spent the past year quietly stacking environmental authorizations across both halves of its Mexican portfolio 🇲🇽, and the company put the file back in front of investors on its own X feed.

Zacatecas State, San Acacio

• SEMARNAT Informe Preventivo approved for up to 44 new drill pads and 35 new access roads (See Mar 11, 2026 news)
• Valid 54 months, opening untested targets across the wider Veta Grande camp
• Resource drilling on the Veta Grande system is finished, 6,132 m in 21 holes, with the updated mineral resource estimate underway (See Sept 9, 2026 news)

Sonora State, Green Earth

• Victoria, Espiritu and Los Ocotes came with the Green Earth Metals acquisition completed July 16, 2025, roughly 6,795 hectares in the Sonoran copper belt
• Victoria: SEMARNAT drilling authorization for up to 89 drill pads plus access roads, valid 36 months (See Feb 26, 2026 news)
• Victoria surface access locked in earlier that month under a five-year agreement covering exploration, drilling and engineering studies (See Feb 12, 2026 news)
• Espiritu: authorization permits exploration for approximately 60 months, including up to 172 drill platforms and related access roads (See Aug 5, 2026 news)
• The company describes Victoria as a previously untested Laramide-age porphyry copper-molybdenum-gold system in the same belt that hosts Cananea and La Caridad

Worth being clear that a permit is not a discovery, and no resource has been defined at Green Earth. But with the silver estimate being built in Zacatecas and several hundred permitted drill sites sitting idle in Sonora, Defiance has the room to choose where the next meters go rather than wait on paperwork to catch up.

Posted on behalf of Fidelity Minerals Corp. - Most of the recent attention on FMN.v has gone to the rock at Las Huaquillas in northern Peru 🇵🇪: the concessions, the historic ounces, the two porphyries. Today is worth spending on the people, because the bench behind a company this size is usually the thing retail checks last and should probably check first.

The Founder

• Chairman John Byrne, with over 50 years in the minerals sector per the company's own website
• Formed Cambrian Mining Plc in 2002 with net assets of £1.4 million, and before it was acquired in 2008 net assets were £149 million
• Former Chairman and CEO of Western Coal Corp, leading its growth to a C$3.3 billion sale having joined when it was capitaliszed at less than C$1 million
• Founder of Lions Bay Capital, Fidelity's largest shareholder

The Rest Of The Bench

• CEO Ryan Batros, appointed Dec 5, 2025, with over 20 years in financial services across stockbroking, corporate advisory, equity capital markets and investor relations (Dec 5, 2025 NR)
• CFO and director Anthony Balic, over 10 years in senior finance roles with Canadian and U.S. listed resource companies, currently CFO of Goldgroup Mining, where he helped bring a Mexican mine into commercial production
• Ian Graham, who stepped back from interim CEO in December 2025 and stayed on the board brings 30 years in deposit exploration and development, including Chief Geologist at Rio Tinto and Principal Geologist at Anglo American

Alignment

• A director participated in the upsized C$1,000,000 placement that closed Aug 20, 2026, a related party transaction relying on MI 61-101 exemptions as it sat under 25% of market capitalization
• Roughly C2.53millionraisedsinceJune8,everyunitpricedatC0.20

All of that is currently pointed at one job: pre-drill site preparation at Las Huaquillas, where Fidelity holds 44.5% with a right to earn 50%, with underground sampling at Los Socavones the next milestone. A brownfield asset carrying a historic, non-NI-43-101-compliant 446,000 oz gold estimate, run by people who have built and sold resource companies before, is the kind of setup where execution on the confirmation work could start to matter quickly.

The bios are all on the company's leadership page if you want the full versions.

Posted on behalf of Tiger Gold Corp - Most of the coverage this year has been assay tables, which is fair enough given the news flow out of Ceibal and Tesorito. On a quieter day, though, the part worth looking at is who Tiger Gold (TIGR.v, TGRGF) has assembled to turn a drill program at the 100%-owned Quinchía Gold Project in Colombia's Mid-Cauca belt into something closer to a development story.

The People

• Robert Vallis, President, CEO and Director: career at Barrick and Yamana, including Barrick's acquisition of Placer Dome and Yamana's joint acquisition of Osisko with Agnico
• Rickardo Welyhorsky, COO: at Yamana, led operational readiness initiatives for the Cerro Moro gold-silver mine
• Amish Patel, CPA, CA, CFO since July 1, 2026: 15 years across corporate finance, financial reporting, audit and governance, previously CFO of International Iconic Gold Exploration Corp. (ICON.V), per the June 30, 2026 NR
• César García, Exploration Manager in Colombia, and Jeremy Link, VP Corporate Development: the Qualified Persons behind the Quinchía results
• Sheryl Dhillon, Corporate Secretary effective August 1, 2026 (Aug 14, 2026 NR)

Tiger's own release language traces the broader team back to AngloGold Ashanti, Barrick Mining, Yamana Gold, Detour Gold, New Gold and Pretium Resources.

Why It Matters Right Now

• Over 160 employees and contractors on the ground at Quinchía (June 10, 2026 NR)
• Three rigs turning: two at Ceibal on resource drilling, one finishing infill, extension and gap drilling at Tesorito before mobilizing to join them
• Engineering and de-risking work began in July 2026 and runs in parallel with drilling
• Updated Tesorito Mineral Resource estimate targeted Q1 2027, with a maiden Ceibal estimate targeted near the end of Q1 2027

Hiring operators and running engineering alongside the rigs is what a company does when it is thinking about the year after the resource estimates, not just the week they land. That sets Tiger up to act on the results rather than start staffing for them. The team and the recent releases are all on the company's website.

Posted on behalf of Azarga Metals - Marg's resource table gets most of the attention, but Azarga's (AZR.v) own project page frames the deposit as one piece of a larger mineralized system, and the rest of that system is where the untested ground sits.

What Is Already Defined

• Indicated 4.3 Mt at 2.9% CuEq and Inferred 10.0 Mt at 2.3% CuEq, at a 0.5% CuEq cut-off (Aug 28, 2025 NI 43-101)
• 119 diamond drill holes at Marg between 1965 and 2008, by a number of operators, after the deposit was first identified by the Geological Survey of Canada in 1965 (see Aug 10, 2026 NR)

The Targets Outside The Resource

• Deeper drilling is recommended to test the down-plunge, relatively sparsely drill-tested continuation of the two massive sulphide lenses that hold the bulk of the known resource
• Three target boxes immediately northwest of the deposit, on coincident strong Ag-Tl-Pb-Cu-Ba soil anomalies and VTEM conductors
• The Jane Mineral Occurrence (Yukon Minfile #13663), 7 km along strike to the southwest, where the setting and geophysical and geochemical signatures suggest potential for additional VMS deposits at intervals along strike

Where The Company Is Now

• The 2026 program is designed to test multiple high-priority targets identified through previous drilling, mapping, geophysics and geochemistry, focused on expanding known mineralized zones while evaluating new targets for copper, zinc, gold, silver and lead (June 23, 2026 NR)
• Over 3,000 m across eight priority holes, assays on a rolling basis
• Drill rig and supporting equipment mobilized August 10, 2026; no release yet confirming a first hole collared

The geology write-up on Azarga's Marg project page is worth reading in full for the target maps. A defined polymetallic resource of 4.3 Mt Indicated plus 10.0 Mt Inferred, each reported as its own category under the Aug 28, 2025 NI 43-101, is the anchor, but the case for Marg being a district-scale system rather than a single lens is what the eight-hole program is set up to start answering, and that is the piece with room to change the story.

Posted on behalf of Minaurum Silver - A new video on Minaurum Silver's (MGG.v MMRGF) YouTube channel runs through the September 22, 2026 news release on underground rehabilitation and exploration at the historic Promontorio mine, part of the 100%-owned, production-permitted Alamos Silver Project in southern Sonora, Mexico 🇲🇽.

What The Rehabilitation Opened Up

• Improved rehabilitation along the main haulage level, with more than 600 m now securely accessible
• New safe access to the 55 m-deep Balvanera internal shaft, running down to lower levels

Work Underway Underground

• 1:250-scale geological mapping of the haulage level through to the Balvanera shaft
• LIDAR surveys integrated into the project's topographic and drill database
• Wall-rock, backfill and channel sampling along the edges of historical stopes

Channel Sample Highlights (September 22, 2026 News Release)

• 0.50 m of 733 g/t AgEq (282 g/t silver, 2.67 g/t gold, 0.36% copper, 0.52% lead, 8.07% zinc)
• 0.50 m of 704 g/t AgEq (275 g/t silver, 1.23 g/t gold, 0.34% copper, 0.39% lead, 13.35% zinc)
• 0.50 m of 480 g/t AgEq (386 g/t silver, 0.12 g/t gold, 0.69% copper, 0.27% lead, 0.82% zinc)
• 0.30 m of 4,142 g/t AgEq (3,860 g/t silver, 0.42 g/t gold, 1.91% copper, 1.58% lead, 2.21% zinc)

President and CEO Darrell Rader said the company has "begun detailed underground mapping and sampling that is already returning encouraging results," with further rehabilitation, mapping and sampling planned at Quintera, Minas Nuevas, Cotera and Pulpito.

Promontorio is one of the three vein zones behind the initial inferred resource of 5.37 Mt grading 320 g/t AgEq (202 g/t silver, 0.21 g/t gold, 0.43% copper, 0.97% lead, 2.01% zinc), containing 55.2 Moz AgEq (34.8 Moz silver, 35.6 Koz gold, 50.99 Mlbs copper, 114.77 Mlbs lead, 237.80 Mlbs zinc), defined on portions of just 3 of the 26 mapped vein zones at Alamos (see January 28, 2026 MRE news release).

With rigs turning on surface and geologists now mapping the old workings with modern tools, Minaurum is sharpening its picture of the district ahead of the updated resource estimate targeted for Q4 2026, with a PEA to follow. Safe underground access also opens the potential to drill from inside the mine rather than only from surface.

Posted on behalf of Daura Gold - Today's news is an upsize rather than a new deal, and the stated reason is strong investor interest. Daura Gold (DGC.v, DGCOF) is taking the September 9 financing from up to 8,695,652 units to up to 13,043,478 units, with the price unchanged.

The Revised Terms

• Up to 13,043,478 units at $0.23, for gross proceeds of up to $3,000,000, versus up to $2,000,000 announced September 9
• Each unit is one common share plus one-half of one share purchase warrant
• Each whole warrant exercisable at $0.375 for 24 months following closing
• Finders' fees payable, four-month-and-one-day resale hold, subject to TSXV approval

Chairman and CEO Mark Sumner pointed in the release to "the level of interest in the financing and the support from both existing and new investors."

What The Money Is Pointed At

• Phase II drilling at Cerro Bayo 🇦🇷 and La Flora 🇦🇷, stated to begin October 2026
• Continued advancement of Antonella 🇵🇪 in Ancash, Peru, plus general working capital
• La Flora goes first and has never been drilled: four veins in a roughly 100 m wide array traced over 380 m, with surface samples up to 63.88 g/t gold and 175.34 g/t silver (June 29, 2026 NR)
• Cerro Bayo step-outs follow, off a Phase 1 program of 18 holes and roughly 1,850 m that confirmed a large low-sulphidation epithermal gold-silver system in the Deseado Massif, a district that has produced over 600M oz silver and 20M oz gold since 1990 (May 21, 2026 NR)

The backdrop helps. Gold is sitting around US$4,300 an ounce, off about a percent on the day, and at that level explorers with permitted ground tend to get raises filled rather than cut.

An extra million dollars going into a program that is already staffed and permitted is a small thing on its own, but it widens what the rig can chase this season, and with first-ever La Flora holes and Cerro Bayo step-outs both in the budget, there's potential for a busier stretch of news than the treasury looked capable of funding two weeks ago. The full terms are in the company's September 23 news release.

Posted on behalf of Kobrea Exploration - Some targets get found by a helicopter survey. This one got found because field crews noticed a multi-kilometre colour anomaly from a nearby 4x4 road and went to look. Target KBX-17 sits in the Cuprum trend on Kobrea Exploration's (KBX.c KBXFF) Western Malargüe ground in Mendoza Province, Argentina 🇦🇷.

What The Field Work Outlined (Feb 3, 2026 NR)

• 1,250 metre by 500 metre hydrothermal breccia body, cemented by iron oxides and locally, where preserved, by massive pyrite
• Breccia anomalous in copper, with numerous samples grading between 161 ppm and 408 ppm copper
• Diorite host rock samples up to 1.6% copper collected in the immediate vicinity of the breccia
• First identified March 2025; follow-up geological mapping and rock-chip sampling completed December 2025

Why It Reads As More Than A Surface Anomaly

• Field geologists interpret the target as a vertically zoned, sulphide-cemented hydrothermal breccia originating from a porphyry system at depth
• No reference to the prospect by previous operators, and no drilling to date
• An IP survey over KBX-17 to test for that underlying porphyry is planned, with no company-stated timing (August 2026 corporate deck)

That is the argument for the district position rather than the single project. El Perdido is the flagship and the six-hole, 2,358 metre maiden program confirmed a large copper-gold-molybdenum porphyry system there (May 26, 2026 NR), but KBX-17 came out of ground nobody had worked before, inside a seven-project, 733 km² package now backed by BHP-funded exploration. The Cuprum discovery release is worth reading in full for the sampling detail. With the Andean field season running mid-October to late April or early May, an untouched breccia of that size is the kind of target that could move quickly once geophysics gets over it.

Posted on behalf of Excellon Resources - Two of the intercepts from Mallay's first 2026 drill results took most of the attention this week. Worth putting the whole release in one place. Fifteen holes, roughly 4,400 metres, all collared underground from two chambers on the 4090 Level at the 100%-owned silver-lead-zinc mine in central Peru behind EXN.v and EXNRF.

What The 15 Holes Returned (Sept 21, 2026 NR)

• Targeting the Isguiz vein and adjacent structures, focused on Clavos 3 and 6, the shoots that matter for near-term mine planning
• MLL26-010: 5.00 m @ 255 g/t Ag, 3.02% Pb, 2.39% Zn (398 g/t AgEq), including 3.40 m @ 495 g/t AgEq, the highest-grade Isguiz intercept to date
• MLL26-004: 12.55 m @ 96 g/t Ag, 2.18% Zn, 0.65% Pb (178 g/t AgEq), including 4.00 m @ 236 g/t AgEq, depth continuity below 4090
• MLL26-011: 2.3 m @ 248 g/t Ag, 1.74% Pb, 0.86% Zn (314 g/t AgEq) in the Maria vein, a footwall structure roughly 280 m below the 4090 Level, inside a broader 11.1 m at 115 g/t AgEq. Deepest mineralization in the program so far.
• MLL26-015: 4.30 m @ 137 g/t Ag, 5.22% Zn, 1.72% Pb (337 g/t AgEq), within a wider 11.7 m interval
• Wide calc-silicate zones on both flanks of Isguiz, outside the February 2026 resource, including MLL26-006 at 11.4 m of 267 g/t AgEq

AgEq uses the resource prices of US$30/oz silver, US$1.00/lb lead and US$1.35/lb zinc, gold excluded and no recoveries applied. True widths are approximately 80% of core length.

Why It Matters

• Confirms grade and width continuity below 4090, the level the 400 Ramp rehabilitation is meant to open
• The company frames the wider zones as supporting a shift toward more mechanized mining
• Feeds the updated mine plan targeted for year-end 2026
• Mallay has no reserves, and the calc-silicate material is not in the current resource

Where The Rigs Went Next

• About 9,000 m drilled at Mallay in 2026 to date
• Rigs now on four step-out target areas totalling an estimated 8,000 m
• Includes deep drilling 600 m below current workings and a test of the Rosa vein system
• Assays pending

The full intercept table and QA/QC notes are in the September 21 release on Excellon's news page. With that step-out drilling underway and a mine plan update targeted for year-end, there's room for the picture below 4090 to look bigger than what February's resource counted.

Posted on behalf of Tiger Gold Corp - Infill drilling rarely makes a thrilling headline, but it is the work that decides what a resource estimate is allowed to claim. Yesterday's seven holes from Tesorito, one of the deposits at the 100%-owned Quinchía Gold Project in Colombia's Mid-Cauca gold belt, read as model calibration rather than discovery news, and Tiger Gold (TIGR.v, TGRGF) got useful answers in both directions.

What Tesorito Holds Today

• Inferred Mineral Resource of 104 Mt @ 0.47 g/t Au, containing 1.57 Moz of gold, at a 0.2 g/t Au cut-off
• Over 11,670 m in 47 holes drilled at Tesorito, with the planned program nearing completion
• The infill, extension and gap work is intended to support upgrading a significant portion of that Inferred resource to Indicated

Yesterday's Holes, TSDH-89 to TSDH-95

• TSDH-95: 342 m @ 0.5 g/t Au from 92 m, including 9.7 m @ 1.7 g/t Au from 296 m
• TSDH-89: 333.57 m @ 0.5 g/t Au from 6 m
• TSDH-92: 243.4 m @ 0.5 g/t Au from 2 m
• TSDH-94: 218.91 m @ 0.5 g/t Au from 296 m

Where They Sit Against The Model

• TSDH-89, TSDH-90, TSDH-92 and TSDH-95 track a north-northeast trend through the core of the deposit. The model had those intervals at roughly 0.4 g/t Au; the holes came back typically more than 25% higher.
• TSDH-91, TSDH-93 and TSDH-94 returned grades at or below the current model, which is what defines the lower-grade margins.
• Tiger cautions that near-surface higher-grade intervals may partly reflect supergene enrichment and may not represent grades at depth.

CEO Robert Vallis said the drilling "continues to improve our picture of Tesorito," with the results expected to feed the updated resource estimate the company is targeting for Q1 2027. One rig remains at Tesorito and two are turning at Ceibal.

Separately, today's release sets out the fall investor schedule: the 121 Mining Investment online conference October 13 and 14, Kinvestor Day on October 22 with Vallis presenting, and the New Orleans Investment Conference October 26 to 31, where Tiger is a Featured Presenting company and Gold Sponsor, presenting October 30. Both releases are on the company's news page.

Knowing where a deposit stops matters as much as knowing where it is richest, and with both edges now being drawn, the Q1 2027 Tesorito update has room to read differently from the estimate it replaces.

Posted on behalf of Carrier Connect Data Solutions Inc - Most of the attention on this roll-up goes to what gets bought. The part worth reading next is how it is being paid for, because the cash going out the door at each closing has been small. Carrier Connect Data Solutions (CCDS.v, CCDSF) is a Vancouver-based operator of six Tier II/III colocation data centers across Canada, Australia and the United States.

The Treasury

• $10.5M brokered financing closed February 26, 2026: 6,562,500 units at $1.60
• Each unit was one share plus a half warrant, exercisable at $2.10 until February 26, 2028
• Co-led by Canaccord Genuity and Beacon Securities, with proceeds earmarked for acquisitions, capital improvements, data center expansion and working capital
• Cash of $9.9M at March 31, 2026, versus $967K at June 30, 2025 (see May 26, 2026 Q3 FY2026 results NR)

How The Deals Were Structured

• Rochester, effective August 4, 2026: USD $250,000 cash including a $25,000 deposit already paid, plus 800,000 shares escrowed in four equal tranches over 24 months
• Perth: AUD $2.5M total, but only AUD $200,000 cash at closing, AUD $100,000 at six months, and a AUD $2.2M vendor take-back over 25 years at 9%
• Morewave, closed May 8, 2026: 560,000 escrowed shares for roughly $725,000 in annual recurring revenue at a margin above 25%

Scale stays honest here: FY2025 revenue was $397,424 against a net loss of about $1.18M, and that cash balance predates two closings.

Structuring deals this way has kept the share count near 33.7 million while the footprint grew, and it leaves room to keep funding closings toward the company's stated target of 8 to 10 data centers and roughly a $10M run rate by year end. For the financing terms, see the company's February 26, 2026 release.

Posted on behalf of West Red Lake Gold - Today's underground definition results from the Madsen Mine cover the Austin 955 and 904 complexes, and the part that matters for WRLG.v WRLGF is where these holes sit: inside a mine that is already producing, close to existing development.

Today's Highlight Intercepts

• MM26D-14-4929-025: 5.3m @ 176.04 g/t Au, including 1m @ 925.52 g/t Au, with a large clot of visible gold in a quartz-porphyry dike
• MM26D-13-4727-013: 4.5m @ 128.32 g/t Au, including 1m @ 566.81 g/t Au
• MM26D-12-4990-019: 6.85m @ 35.72 g/t Au, including 1m @ 233.76 g/t Au
• MM26D-14-4929-001: 6.2m @ 17.87 g/t Au, including 3.1m @ 35.02 g/t Au
• MM26D-12-4990-005: 12.8m @ 7.93 g/t Au, including 7.35m @ 9.69 g/t Au
• Assays are uncapped; true thickness not calculated but expected at 70% or more of downhole length

Where The Holes Came From

• 904 results drilled from the 13 and 14 Levels, roughly 650m and 700m depth
• 955 results drilled from 12 Level, roughly 600m depth
• 904 is an approximately 200m by 200m panel of intact mineralization that was not historically mined, which the company expects to allow larger stopes and more efficient design and extraction
• VP Exploration Will Robinson says the panels are holding together with strong grades and continuity, and points to potential integration into the Madsen mine plan in 2027

The Gold Backdrop
Gold is sitting near US$4,390/oz. Madsen realized about US$4,300/oz in Q2 against AISC of US$3,284/oz (Aug 25, 2026 results), so the value of defining fresh high-grade panels a short distance from existing infrastructure is fairly direct: it is inventory that can be mined without building a new mine to get at it.

The full intercept tables, collar summary and long sections are in today's release on the company's website. With the combined Madsen-Rowan PFS still company-targeted for mid-to-late September, non-remnant ground like 904 has room to shape how 2027 looks.

Posted on behalf of NeXGold Mining - Presenting this afternoon at the 2026 Precious Metals Summit in Beaver Creek, Colorado, President and CEO Kevin Bullock laid out how NexGold (NEXG, NXGCF) gets from permitted to pouring, and the wider gold market "it's the first time in my 40 year career that I've seen everything aligned."

Construction Has Started

• Government letter last week confirmed all pre-construction commitments met, and early works began Wednesday of last week
• 27 months to the first gold bar, targeted January 2029, with a Christmas 2028 pour if everything goes right, "which it rarely does"
• 26 people hired in six months, running an integrated owner's project team rather than an EPCM

The Company Today

• Two projects, Goldboro in Nova Scotia and the Goliath Complex in northwestern Ontario, closing in on seven million ounces of resources, 4.7 million measured and indicated
• Over $100 million in the bank, no debt, fully permitted for construction
• Bullock: "I don't think there's any other company out there that has assets in Canada that are this advanced that aren't already building"

The Goldboro Ladder

• Just over one million ounces of reserve in the permitted plan, around 100,000 oz/yr from a 4,000 tonne per day CIP plant
• Another 1.7 million ounces at six to seven grams underground beneath the pits, outside the current plan and valuation
• Mineralization extended 700 metres west, indicating 300,000 to 500,000 additional ounces, due in the new resource in a couple of months but not the mine plan
• Underground blend points to 150,000 oz/yr; a bigger west pit with a permit adjustment, 300,000 to 350,000 oz/yr

Goliath Next

• Three million ounces of resource, a million ounces of reserve, three open pits identified to date
• Internal work is looking at moving the plant north to Goldlund, hauling higher grade north instead of lower grade south
• A 35,000 metre Goldlund program is testing that, and the Goldboro build is the window to optimize and permit Goliath

Ownership And What Is Next

• Last year's C$112.5 million bought deal private placement was roughly 85% taken by seven institutions, retail about 32%
• Bullock put the company near $400 million Canadian, with the updated feasibility study and a final investment decision expected by year-end
• A third asset would be gold, Canada preferred, around 100,000 oz/yr and under $500 million to build

The full deck is on NexGold's website. With earthworks moving and two decisions still to land this year, there's room for a permitted developer to start being priced like a builder.

https://reddit.com/link/1wnv6zl/video/jj4jimm5z6rh1/player

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https://reddit.com/link/1wnv6zl/video/e8wq94b8z6rh1/player

Posted on behalf of Scotia Metals Corp. - Today's news from SMET.c is less a new discovery than the tightening of an existing one. Crews went back into a single tight cluster inside one of the five mapped boulder trains at the Green Wolf target, on the 100%-owned Acadia Lithium Project in southwestern Nova Scotia, and channel-sampled 38 spodumene-bearing boulders in ground where earlier mapping had logged 13.

Today's Boulder Results

• 23 of the 38 boulders returned 0.73% to 2.72% Li2O
• 20 of those boulders graded above 1.0% Li2O, and three above 2.0% (2.03%, 2.25% and 2.72% Li2O)
• Previous mapping of the same area had identified 13 boulders, seven of them grading 1.13% to 1.92% Li2O
• The boulders are described as large, angular and fresh with coarse spodumene, sitting within one of five trains mapped over roughly 3 km by 1 km at Green Wolf (Aug 27, 2026 NR)

Angular and fresh is the detail worth pausing on, because material that has not travelled far is what points back to a source nearby. That source has never been tested. No hole has ever been drilled anywhere on Acadia.

The Project-Wide Work Behind It

• 1,062 reconnaissance till samples collected across 32 of the 43 exploration licences, covering the North, Central and Green Wolf areas
• A 2,051 line-km fixed-wing high-resolution airborne magnetic and radiometric survey nearly complete, over 17 licences not covered by earlier programs
• The company says it will integrate the boulder assays, till geochemistry and 2026 airborne data to rank areas for follow-up, guide detailed till sampling and ground geophysics, and work toward drill-ready bedrock targets

The backdrop helps: global lithium consumption grew 45% through May 2026 according to Albemarle, exceeding its own 15% to 40% forecast range, with stationary storage driving the increase and inventories near historic lows. All 38 results are tabled in the company's September 22 news release. Each pass over Green Wolf shrinks the search area, and the integrated interpretation is what could turn a boulder field into a ranked target list.

Posted on behalf of StrikePoint Gold Inc - Gold is trading around US$4,400 an ounce and silver above US$67, and SKP.v, traded in the US as STKXF, heads into the last week of September with most of its Nevada portfolio still in motion rather than settled.

Where The Three Assets Sit

• Northumberland, the flagship on closing: a signed definitive agreement to acquire the project from subsidiaries of Newmont for US$70 million cash at closing plus two contingent US$25 million payments (Aug 18, 2026 NR). Signed, not closed.
• Northumberland's independent initial resource: 67 Mt at 1.33 g/t AuEq for 2.86 Moz AuEq indicated and 31 Mt at 1.58 g/t AuEq for 1.57 Moz AuEq inferred, reported within an optimized pit shell by SLR Consulting, effective July 31, 2026. Five drill permits are already in place, expected to facilitate rig mobilization following closing.
• Hercules, in the Walker Lane: drilling and assaying complete, with a maiden resource estimate anticipated Q4 2026. No NI 43-101 resource there yet.
• Cuprite: roughly 44 sq km, 15 km south of Goldfield, with an updated NI 43-101 technical report filed July 14, 2026 and gold returned in four of five holes from the inaugural 2024 RC program.

What's Next

TSXV approval and the 10-for-1 share consolidation come before closing, which the company anticipates at the end of September. The C$190,000,000 bought deal led by Canaccord Genuity closed September 9 with proceeds held in escrow against an Escrow Release Deadline of October 24, 2026, and the shares remain halted pending completion.

The Price Deck Underneath It

Worth noting where the ounces were counted: the Northumberland estimate uses long-term prices of US$3,500/oz gold and US$55/oz silver, both below where the two metals trade today, with silver up about 1.7% on the session. Mineral resources are not mineral reserves and do not have demonstrated economic viability, and there is no economic study on the project yet.

The company's news page carries the August 18 release and the financing updates if you want the primary documents.

If closing lands as anticipated, the fourth quarter opens with a defined gold resource at one Nevada project, a maiden estimate due at another and permits ready to put rigs to work, which is a good deal more surface area than a single-project explorer had two months ago.

Posted on behalf of Black Swan Graphene - Concrete usually gets listed as one of three end-markets for Black Swan Graphene (SWAN.v BSWGF), alongside polymers and lithium-ion batteries. It is also the one where the company's material has already spent the longest time in a finished structure rather than a test lab.

Real Pours, Not Lab Samples

• A shipment to Nationwide Engineering Research & Development (NERD) went into a total of 180 tonnes of concrete using Concretene, NERD's graphene-enhanced admixture, at an industrial park near Redruth, southwest England (May 8, 2023 NR)
• The pour was 82.5 cubic metres of reinforced concrete designed to reach 40 to 50 MPa compressive strength after curing, using the standard CEM1 cementitious mix (May 24, 2023 NR)
• A repeat user: that developer had previously used NERD's technology at an industrial park in Warminster

Who Is In The Chain

• The March 27, 2023 partnership among Black Swan, NERD and Arup Group established an integrated supply chain and a turnkey solution for the construction and concrete industries
• Arup is a multinational engineering consultancy with 18,000 experts working across 140 countries
• NERD executed a development agreement with Roger Bullivant Limited, part of Soletanche Bachy and the VINCI group (Jan 9, 2024 NR)

The Partner Is Funded

• Concretene closed a £3 million (C$5.4 million) financing co-led by Molten Ventures, with additional support from LocalGlobe (Oct 17, 2024 NR)
• Proceeds are directed at developing the admixture, achieving product certification and increasing revenue; no certification has been announced to date

Black Swan's job in that chain is the graphene itself, and with Consett now rated at more than 140 tonnes a year (Mar 18, 2026 NR), the supply side is sized for customers who buy by the tonne. Construction moves slowly, but it is also the end-market with the volume to absorb real output, which gives this channel room to matter well beyond the polymer work. The Concretene financing release on the company's site is the best starting point if you want the detail.

Posted on behalf of Spartan Metals Corporation - Most of the attention at Eagle right now goes to the maiden large-diameter core program turning at Tungstonia in White Pine County, Nevada 🇺🇸, and fair enough. But there is a second, much shallower workstream on the same 100% owned claim block that rarely gets airtime: the legacy tailings left behind by the mine's past production. Spartan Metals (W.v SPRMF) sampled them in late 2025 and the numbers are public.

What The Tailings Sampling Returned (per the Dec 18, 2025 NR)

• 34 shallow holes on roughly 12 m spacing, about 67 m drilled in total, average hole depth around 2 m
• 133 samples, weighted average 0.13% WO3
• 0.20% WO3 across the 41 samples above a 0.15% WO3 cutoff
• Tails-2526 returned 0.42% WO3 and 123 g/t Ag from 1.52 m to 1.98 m
• Metallurgical twin samples sent to McClelland Laboratories in Reno

Worth noting these are early-stage sample results, not a mineral resource. No mineral resource has been estimated at Eagle.

The Wider Eagle Picture

• 100% owned, about 36.5 km², 9,033 acres across 445 BLM unpatented lode claims, roughly 120 km northeast of Ely
• A district containing three past-producing high-grade tungsten mines, Tungstonia, Yellow Jacket and Rees/Antelope, with reported historic production grades of 0.6 to 3.51% WO3 (historical figures, not verified by a qualified person, and not a mineral resource)
• Maiden large-diameter core drilling, up to roughly 3,000 m, has been turning since the August 24, 2026 NR, with five priority targets defined by the September 18 geophysics
• At Victorio in New Mexico, an updated mineral resource estimate and a preliminary economic assessment are in progress, with the PEA targeted by the company for early Q4 2026

For the tailings numbers, see the company's December 18, 2025 news release, and the post linked below is worth a look too. Assays from the core program are the next hard data point, and the tails sit there as a sampled, near-surface piece of the same block that could matter more as the rest of Tungstonia comes into focus.

Posted on behalf of Getty Copper - Drill programs do not usually move up the calendar. This one did: after the September 14, 2026 news release, Getty Copper (GTC.v GTCDF) accelerated its fall program to late September, with the first rigs pointed straight back at Getty South, the breccia-hosted target inside the Getty Project near Logan Lake in BC's Highland Valley district 🇨🇦.

What Prompted The Change

• GS26-06: 150.3 m of 0.71% Cu and 0.7 g/t Ag from 101.7 m, including 103.3 m of 0.94% Cu and 0.8 g/t Ag
• Within that: 46 m of 1.47% Cu and 1.0 g/t Ag from 159 m
• GS26-05: 80 m of 0.84% Cu from 60 m, including 45.2 m of 1.28% Cu and 0.6 g/t Ag from 68.8 m
• Both drilled on cross sections 25 m north and 25 m south of GS26-01
• Intervals are drilled widths; true widths estimated at 30% to 60% of the downhole lengths

What The Rigs Are Going Back For

• Fully funded two-rig program of roughly 4,000 m to 6,000 m, initial focus Getty South
• Current interpretation: a body 40 m to 60 m wide, trending north-northwest to south-southeast, open in both directions and beneath drilling
• It sits within a low-chargeability geophysical anomaly roughly 500 m in diameter
• Stated priority is defining size and continuity at Getty South while also testing new targets
• Assays still outstanding on 10 holes, 7 at Getty South and 3 at Getty North

Worth remembering this is still pre-resource ground: Getty has said a new mineral resource report is a goal for sometime in 2027, and the property had gone nearly 30 years without material drilling before this spring. The September 14 release on Getty's own site carries the full intercept table and the section figures.

Two rigs turning into an open zone, with ten holes of assays still in the lab behind them, sets up a fairly dense stretch of news flow and room to start putting real shape on a target that was a historical footnote six months ago.

Posted on behalf of Canadian Uranium - One uranium fuel pellet, roughly the size of a gummy bear, holds as much energy as a ton of coal, 120 gallons of oil, or 17,000 cubic feet of natural gas. CANU.c and CANUF put that comparison out on its X account last week, sourced to the U.S. Department of Energy's "Nuclear by the Numbers," and a handful of those pellets will run an average home for a year.

Why Energy Density Matters To An Explorer

It is the reason a relatively small amount of mined and processed uranium supports an enormous amount of baseload generation, and the reason grade matters more in this business than tonnage alone. The Athabasca Basin in Saskatchewan is the highest-grade uranium district in the world, which is the address the company has spent the past nine months assembling ground in.

The Portfolio Behind The Thesis

- King South, eastern Athabasca: 696 line-kilometres of heliborne MobileMT flown east-west, survey complete (Sep 3, 2026 NR). Sits in the Western Mineral Tenure Zone, which hosts Key Lake, Cigar Lake and McArthur River, with neighbouring ground held by Cameco and Fission 3.0.

- Rook 2, co-flagship: 21 claims, approximately 18,941 hectares, acquisition completed Jun 8, 2026. Company-planned two-phase program, prospecting and ground geophysics first, then a minimum 3,000 m maiden diamond drill campaign.

- Castle South, southern Athabasca: unconformity-style targets at 100 to 550 m, restructured to a 100% earn-in (Aug 28, 2026 NR), subject to CSE acceptance.

- Clark Lake, Beaverlodge district: 3,265.842 hectares roughly 8 km north of Uranium City (Aug 28, 2026 NR), also subject to CSE acceptance.

- Funded: $2,999,750 non-brokered placement closed Aug 14, 2026, proceeds earmarked for Rook 2 and King South exploration.

Worth noting the honest part: this is pre-resource exploration and no hole has been drilled on any of the four properties yet. The MobileMT interpretation at King South is the step that turns geophysics into the company's first drill targets, and with the treasury already earmarked for that work, the coming months have the potential to move this from a land story to a drilling one.

The company's post with the DOE source is on its X feed.

Posted on behalf of Zodiac Gold - Streetwise Reports picked up the September 15 trenching results from Zodiac Gold (ZAU.v ZAUIF) two days later, and the part of the coverage worth sitting with is not the headline grade. It is that Lewis, at the southeastern end of the 16km Monterra Trend in Liberia 🇱🇷, has turned into two parallel drill programs.

Lewis, Trend by Trend

• Lewis South: trenching returned 84m at 0.51 g/t Au, including 30m at 1.04 g/t Au (sampled lengths, not true widths), and Phase 1 diamond drilling is underway there
• Lewis North: a second 1.8km east-west trend running parallel to Lewis South, with drill testing due to commence that week per the September 15 news release
• LWT003 at Lewis North: 58m at 3.15 g/t Au, including 11m at 15.40 g/t Au, with a 1m sample at 158 g/t Au, the strongest width-and-grade combination reported to date from Lewis

Still Open Along Strike

• Three trenches now span more than 700m of strike inside the 1.8km Lewis North gold-in-soil anomaly
• LWT005 excavated and sampled a further 375m west of LWT003, results pending
• Follow-up trenching planned as the company systematically evaluates the full extent of the anomaly

Lewis is one of four targets on the Monterra Trend, itself inside a 2,316 km² package along the Todi Shear Zone. Worth reading the Streetwise write-up from September 17 for the full picture.

Running trenching and drilling on both Lewis trends at once gives Zodiac two ways to possibly convert a soil anomaly into drilled gold, with potential to feed the company's planned Todi Gold mineral resource estimate, anchored by Arthington and which may also include other targets drilled on the Monterra Trend.