The Gold Report - Streetwise Exclusive Articles Full Text

The Gold Report - Streetwise Exclusive Articles Full Text https://www.theaureport.com/ Investment coverage of gold, silver, uranium and other precious metals. copyright 2012, Streetwise, Inc. Gold Explorer Expands Strike Zone at Gold Chain to 400m https://www.streetwisereports.com/article/2026/04/28/gold-explorer-expands-strike-zone-at-gold-chain-to-400m.html Source: <a href="https://www.streetwisereports.com/article/2026/04/28/gold-explorer-expands-strike-zone-at-gold-chain-to-400m.html?utm_medium=feed">Streetwise Reports 04/28/2026</a> West Point Gold Corp. (WPG:TSXV; WPGCF:OTCQB) announced new results from drilling at its Gold Chain Project in Arizona. The stock appreciated dramatically last year, and one expert predicts it could go even further.West Point Gold Corp. (WPG:TSXV; WPGCF:OTCQB) announced new results from its step-out drilling at the high-grade Northeast (NE) Tyro Zone within its Gold Chain Project in Arizona, <a href="https://westpointgold.com/west-point-gold-intersects-18-3m-of-6-05-g-t-au-and-35-1m-of-2-23-g-t-au-expanding-the-high-grade-northeast-tyro-zone-to-over-400m-of-strike-length-and-to-300m-depth/" target="_blank" rel="noopener">according to an April 28 release</a>. The company reported that drilling in hole GC26-140 yielded an 18.3-meter interval with a gold grade of 6.05 grams per tonne (g/t). These results represent significant extensions, expanding the mineralization by over 100 meters along strike and similarly in depth from previously reported findings. The NE Tyro Zone now boasts a strike length of over 400 meters and extends to depths greater than 300 meters, while still remaining open in all directions, West Point said. To date, the company has completed 17,536 meters of drilling in the ongoing program at the Gold Chain project, with results still pending for 29 holes across multiple targets including the Tyro Main Zone, NE Tyro, Bull 8, and Black Dyke, totaling 5,424 meters. "The continued expansion of the high-grade zone at NE Tyro bodes well for the maiden resource," President and Chief Executive Officer Derek Macpherson said. "Additionally, as this zone expands towards the Frisco Graben, it increases the probability of the Frisco Graben hosting a gold deposit." He continued, "It appears that the consistency of grade and structure, both along strike and at depth, suggests that we are unlikely to close off this zone with the planned maiden resource later this year. We continue to be on track to complete the ongoing 20,000-meter drill program at Gold Chain in Q2 this year and have results pending from multiple zones, Significant highlights from the drilling include the extension of the high-grade zone at NE Tyro to a 400-meter strike length, with notable gold values such as 7.83 g/t found up to 300 meters below the surface. Specifically, hole GC26-140 revealed 18.3 meters of 6.05 g/t gold from a depth of 181.4 meters to 199.6 meters, located beneath a broad sand-filled wash between the NE Tyro zone and the Frisco Mine fault, which is a key structural boundary of the Frisco Graben target. Another hole, GC25-151, encountered 35.1 meters of 2.23 g/t gold from 167.6 meters to 202.7 meters, positioned approximately 75 meters northeast of GC26-140 and about 150 meters below the surface alluvium. Currently, West Point Gold said it is utilizing three drilling rigs (two reverse circulation and one core) to further explore the Tyro Main and NE Tyro targets. This intensive drilling effort aims to enhance the company's understanding of the Tyro deposit's continuity along strike, its depth, and internal characteristics. <h2 style="text-align: center;">An Aggressive Exploration Strategy</h2> The extension of the vein system brings the drilling operations closer to the Frisco Mine fault and the altered volcanic rocks of the Frisco Graben, the company said. The latest results from four holes, which together comprise 1,196 meters of reverse circulation (RC) drilling, have notably expanded the understanding of the mineralized zone. These drilling efforts are part of West Point Gold's aggressive exploration strategy utilizing three drilling rigs to further explore the vein system along its entire strike length and at depth in the NE Tyro zone. The goal is to extend the limits of gold mineralization from surface vein exposures and laterally towards the northeast. This ongoing work is expected to continue through May and will likely surpass the planned 20,000-meter drill program. The geological insights gained from these operations are crucial as they not only enhance the understanding of the NE Tyro zone's potential but also increase the likelihood of discovering a significant gold deposit in the adjacent Frisco Graben area, West Point noted. The continuation of this exploration is set to provide further data to support the development of these promising targets. West Point Gold is a mining exploration company headquartered in Vancouver, that focuses on gold mining in the American Southwest. The company's flagship project, Gold Chain, is in Arizona, and it holds three targets in Nevada — all of which fall along the Walker Lane Trend. <a href="https://westpointgold.com/investors/" target="_blank" rel="noopener">West Point cited</a> the ongoing drill program at Gold Chain as a catalyst for upcoming investment, with results from several holes still outstanding. Development of its Jefferson Canyon partnership with Kinross Gold Corp. (K:TSX; KGC:NYSE) is also underway. The project is awaiting permit approval, and the company hopes to implement a 5,000-meter drill program at the Baxter Spring site. Its Tip Top site is also being prepped for drilling. <h2 style="text-align: center;">A New 'Ten-Bagger?'</h2> <a href="https://www.equedia.com/why-everyone-is-buying-gold/" target="_blank" rel="noopener">In sponsored content for the Equedia Letter published on April 27</a>, Carlisle Kane said the company is following a similar narrative to other multiple "ten-baggers" in the past. "It always starts with a small company," Kane wrote. "Then drill holes. A clear geological model. And a skeptical market. Then, hole by hole, the rocks start to talk, and the system comes into focus. And somewhere along the line, a major steps in with an offer that would’ve been unthinkable a year prior." West Point currently exemplifies that narrative with its Gold Chain Project in northwestern Arizona, the author noted. Situated on an 11,760-acre land package, the project features a large-scale low-sulfidation epithermal gold system. While Nevada often comes to mind first for such gold systems, Arizona outpaced Nevada in non-fuel mineral production in 2022 and is consistently ranked among the top global mining jurisdictions by the Fraser Institute, Kane said. This favorable setting includes cooperative regulatory bodies and crucial water rights, which are vital for mining operations. West Point Gold's strategic location on the southern extension of the Walker Lane Trend, close to Las Vegas, positions it advantageously with excellent infrastructure and regulatory support. Despite a market capitalization of less than CA$200 million, the company's potential for growth is significant, the report noted. On the ground, West Point Gold has been proactive in drilling, with about 120 holes totaling more than 35,000 meters drilled since 2024, achieving an over 80% hit rate. This success is attributed to a methodical approach that starts with known mineralized structures at the surface and expands from there, Kane said. Recent drilling at the Black Dyke and Sheep Trail targets has shown promising results, with Sheep Trail revealing a strike length of over 1 kilometer of shallow, near-surface mineralization, indicating a third potential resource area on the property. With the current high gold prices, West Point Gold is positioned to potentially establish one of the lowest-cost, high-margin gold operations in the U.S., Kane said. The company is fully funded through its 20,000-meter drill program and is on track for a maiden resource estimate later this year. The potential for a significant takeover value is underscored by the projected resource estimates and the high premiums typically paid for high-grade oxide gold in favorable jurisdictions. Looking ahead, West Point Gold is set for a series of catalysts including ongoing drill results, pending assays from new targets, and the anticipated maiden resource estimate. The company's strategic advantages, combined with strong leadership and significant exploration potential, make it a standout in the junior mining sector, the Equedia Letter said. As Macpherson aptly put it, according to Kane, "Pre-resource, we're a white pony with a little horn-nub. Once that resource comes out, we could be a unicorn." <h2 style="text-align: center;">Stock Has Seen Remarkable Growth</h2> <a href="https://www.streetwisereports.com/article/2026/03/04/more-cos-from-tsx-venture-50s-dramatic-shift-in-mining-sector-sentiment.html?utm_medium=feed" target="_blank" rel="noopener">West Point ranked 35th overall on this year's TSX Venture 50 list</a>, experiencing a remarkable 334% increase in share price and a 616% growth in market capitalization last year. The list is compiled annually to rank the top performers from over 1,600 companies listed on the TSX Venture Exchange. The rankings are based on three key performance indicators: one-year share price appreciation, market cap growth, and Canadian consolidated trading value. This year, due to a tie in the ranking system, the list includes 51 companies. According to FactSet on April 21, 2026, SCP Equity Research analyst Brandon Gasper gave West Point Gold a Buy rating with a CA$2.40 target price. FactSet also noted that on April 23, 2026, ATB Cormark Capital Markets analyst Nicolas Dion also gave the company a Buy rating, with a CA$2.75 target price. <h2 style="text-align: center;">Gold Market Looks for Stable Footing</h2> Since the beginning of the Iran war in late February, gold has seen a nearly 11% decrease in value, yet the precious metals market continues to present investment opportunities, <a href="https://www.marketwatch.com/story/gold-prices-have-lost-nearly-11-since-the-iran-war-began-reasons-to-buy-the-metal-are-piling-up-again-87cc5158" target="_blank" rel="noopener">as detailed in a MarketWatch report by Myra P. Saefong on April 27</a>. The conflict in the Middle East has led to a surge in oil prices, which is expected to boost the attractiveness of gold, according to industry experts. Michael Armbruster, co-founder and managing partner at Altavest, told MarketWatch that sustained high energy prices could hinder economic growth in the upcoming months, potentially making the latter half of the year more conducive for investing in gold. Gold's reputation as a safe haven during economic instability, coupled with its recent price reduction from peak levels earlier in the year, enhances its appeal. In the most recent trading session on Comex, the active June contract for gold futures closed at US$4,693.70 an ounce, reflecting a 1% decrease for the session and a significant 10.6% fall from the February 27 settlement of US$5,247.90. Although gold prices initially rose on the first trading day after the war commenced, they recorded their first monthly decline since the previous June in March, marking the sharpest monthly drop in nearly 13 years, as per Dow Jones Market Data. Stefan Gleason, president and CEO of Money Metals Exchange, observed that the fluctuating gold prices since the onset of the war are typical of market behavior during crises. Saefong noted that gold initially spiked due to geopolitical concerns and its status as a safe-haven asset but subsequently declined as the market adjusted to immediate liquidity needs and growing concerns over inflation and potential shifts in the Federal Reserve’s interest rate policies. Currently, the prices based on the most active gold contract are trading 12.4% below the record intraday high of USUS$5,626.80 from January 29.[OWNERSHIP_CHART-11225] The gold market is currently experiencing difficulties in stabilizing as expectations that interest rates will remain unchanged continue to dominate market sentiment, <a href="https://www.kitco.com/news/article/2026-04-28/gold-prices-struggling-us-consumer-sentiment-continues-improve">Neils Christensen wrote for Kitco News on April 28</a>. This situation could potentially lead to increased selling pressure, especially as consumer confidence shows signs of improvement. According to the latest data released by the Conference Board, the Consumer Confidence Index rose to 92.8 in April, surpassing economists' expectations of a decline to 89 and marking an increase from February's revised figure of 91.2. Dana M. Peterson, chief economist at The Conference Board, commented on the slight increase in consumer confidence, noting that it remained relatively stable despite concerns about rising gasoline prices due to escalating Brent crude oil prices amid the ongoing conflict in the Middle East. Peterson pointed out that while there was a moderate decline in consumer appraisals of current and expected business conditions compared to the previous month, this was balanced by slight improvements in perceptions of the labor market and income expectations, which appeared slightly more optimistic in April. In response to the unexpectedly positive consumer sentiment data, gold prices faced significant selling pressure during the early North American trading session, with spot gold prices dropping to US$4,571.50 an ounce, a decline of more than 2% on the day. Despite a current ceasefire in the Middle East providing some relief from economic anxieties, consumers remain cautious. The report indicated that both average and median 12-month inflation expectations slightly decreased but remained high. Additionally, nearly 50% of consumers now anticipate that interest rates will rise over the next 12 months, reflecting ongoing concerns about the economic outlook. <h2 style="text-align: center;">Ownership & Share Information1</h2> West Point Gold Corp. has a market cap of CA$212.2 million, with 135.16 million shares outstanding. The company's 52-week range is CA$0.29 to CA$2.17. Management and insiders own about 6.2% of shares, while about 25.9% of shares are held by institutions. The rest is retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of West Point Gold Corp.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31074"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31074" width="0" height="0"> ( Companies Mentioned: WPG:TSXV; WPGCF:OTCQB, ) Tue, 28 Apr 2026 00:00:00 PST Gold Developer Upsizes Placement to Finance Exploration at Tanzania Project https://www.streetwisereports.com/article/2026/04/28/gold-developer-upsizes-placement-to-finance-exploration-at-tanzania-project.html Source: <a href="https://www.streetwisereports.com/article/2026/04/28/gold-developer-upsizes-placement-to-finance-exploration-at-tanzania-project.html?utm_medium=feed">Streetwise Reports 04/27/2026</a> Lake Victoria Gold Ltd. (LVG:TSX; LVGLF:OTCQB; E1K:FSE) increases its non-brokered convertible debenture financing due to investor demand. Read why some analysts say the funding is a crucial step for the company.<a href="https://www.streetwisereports.com/pub/co/11073?utm_medium=feed" target="_blank" rel="noopener">Lake Victoria Gold Ltd. (LVG:TSX; LVGLF:OTCQB; E1K:FSE)</a> announced it increased its previously announced non-brokered convertible debenture financing from CA$3 million to CA$3.8 million due to investor demand, <a href="https://www.stockwatch.com/News/Item/Z-C!LVG-3812193/C/LVG" target="_blank" rel="noopener">according to an April 28 release</a>. The conversion price for the debentures issued in this private placement has been adjusted to 30 cents. All other conditions of the private placement remain the same, pending approval from the TSX Venture Exchange. Lake Victoria Gold said it also has declared its intention to exercise its mandatory conversion rights for certain debentures issued back in 2024. These debentures, totaling CA$750,000 and issued on July 26 and August 8 of that year, are being converted due to the company's share price consistently hitting the target of 27.5 cents over 20 consecutive days. As of April 27, the remaining balance of these debentures, amounting to CA$217,000, will be converted into common shares at a price of 18 cents per share. Lake Victoria Gold Ltd. has reached a significant milestone in its financing strategy, as detailed in an April 1 announcement. In addition, on April 1, the company <a href="https://www.streetwisereports.com/article/2026/04/01/gold-developer-secures-us-25m-financing-for-tanzania-project.html?utm_medium=feed" target="_blank" rel="noopener">announced it had secured terms for a gold loan facility</a> with Monetary Metals & Co., which allows for borrowing up to 6,000 ounces of gold, valued at approximately US$25 million. This facility is designed to provide non-dilutive, project-level financing crucial for the development of Lake Victoria Gold's Imwelo Gold Project in Tanzania. "This financing allows us to immediately accelerate work programs on the ground at Imwelo and advance key initiatives across both Imwelo and Tembo without delay," Chief Executive Officer and Director Marc Cernovitch said. He highlighted that with the necessary capital now secured, the company's focus will shift towards executing critical development activities, including engineering and site work, to advance the Imwelo project towards production. Simon Benstead, Executive Chairman and CFO, elaborated on the strategic benefits of the financing structure, explaining, "This financing structure is designed to bridge near-term capital requirements with longer-term project funding." He emphasized that the combination of the gold-denominated loan facility, which will be repaid in gold ounces, and the convertible debenture, ensures funding certainty while minimizing shareholder dilution. <h2 style="text-align: center;">Analyst Sees Financing as Crucial Step</h2> The developments are seen as a crucial step for the company, providing a reliable and largely non-dilutive funding source to propel the development of the Imwelo project, according to an updated research report by Analyst Alina Islam of Red Cloud Securities on April 2. The funding structure is carefully crafted to limit dilution to shareholders. It includes a modest equity component, offering 2.5 million warrants exercisable over three years at a price determined by the 30-day VWAP at the closing of the agreement, Islam noted. The convertible debenture, bearing a 5% interest rate over 36 months, is convertible at $0.31 per share and includes a half warrant exercisable at $0.40 for 36 months. The gold loan is specifically allocated for the Imwelo project, ensuring targeted project-level financing. In contrast, the convertible debenture provides financial flexibility, supporting developments at Imwelo, near-term initiatives at the Tembo project, and general working capital needs. Imwelo, while relatively small with a projected steady state production of 24,000 ounces of gold per year, plays a strategic role within Tanzania's Lake Victoria Goldfield, the analyst said. "We suspect that down the road, cash flow from Imwelo would help fund and capture upside from the company's Tembo project, which shares geological similarities with Barrick's 150,000 oz Au/yr Bulyanhulu mine," Islam wrote. "While Tembo is early-stage, management is in the midst of completing advanced negotiations with Nyati Resources (Private) for potential toll milling opportunities at Nyati's 620tpd CIP plant, located on Lake Victoria's claims." Imwelo is fully permitted for construction and production, located just 12 kilometers west of AngloGold Ashanti's Geita mine, and holds a 10-year mining license. Recent tests have confirmed gold recoveries of up to 97% using a conventional gravity + CIL processing method. While Islam noted Red Could does not have a rating or target price on the stock, "advancing Imwelo towards a start-up to generate cash flow, and successful exploration at the Tembo project, should drive the stock price." <h2 style="text-align: center;">Accelerating Project Development</h2> <a href="https://www.streetwisereports.com/article/2026/04/02/tanzania-gold-co-to-advance-imwelo-and-tembo-projects-toward-production.html?utm_medium=feed" target="_blank" rel="noopener">In an updated research note dated April 1, Atrium Research Analyst Ben Pirie highlighted</a> the significant progress being made by Lake Victoria Gold Ltd. (LVG) in advancing its key projects. Pirie noted that recent financial arrangements are poised to accelerate essential developments at the Imwelo project and other initiatives at both the Imwelo and Tembo projects. These developments are critical as LVG moves towards full-scale construction and sets a definitive path to production at Imwelo. Pirie also mentioned a strategic advancement made on March 25, when LVG announced that it is progressing in its negotiations towards a binding agreement with Nyati Resources. This agreement would facilitate toll milling ore from the Tembo property at Nyati's adjacent mill. "We are maintaining our BUY rating and target price of CA$0.50/share on Lake Victoria Gold," Pirie wrote, underscoring the company's strong portfolio and its commitment to reaching near-term production goals. The financial strategies employed by LVG are specifically designed to minimize shareholder dilution as the projects progress. The potential partnership with Nyati Resources presents a lower-risk production pathway that offers considerable upside, which Pirie believes is currently undervalued by the market. Despite the market's slow recognition of LVG's potential, the company is poised to commence gold production from two assets in the near future, capitalizing on high gold prices, the analyst wrote. Looking forward, LVG is intent on converting its current momentum into tangible progress. This includes finalizing the agreement with Nyati, completing the government participation framework, and advancing technical work to support mine planning and operational readiness. These efforts are crucial for de-risking the Tembo project within the Tanzanian regulatory framework and moving towards execution. By leveraging existing infrastructure, LVG aims to reduce initial capital expenditures and accelerate project timelines. <h2 style="text-align: center;">The Catalyst: Still Opportunities in the Precious Metals Market</h2> Since the onset of the Iran war in late February, the value of gold has decreased by nearly 11%, but the dynamics of the precious metals market still hold opportunities for investors, <a href="https://www.marketwatch.com/story/gold-prices-have-lost-nearly-11-since-the-iran-war-began-reasons-to-buy-the-metal-are-piling-up-again-87cc5158">according to a report by Myra P. Saefong for MarketWatch on April 27</a>. Notably, the surge in oil prices due to the conflict in the Middle East is anticipated to enhance the appeal of gold. Michael Armbruster, co-founder and managing partner at Altavest, expressed to MarketWatch that prolonged high energy prices are expected to be a significant impediment to economic growth in the coming months, which could make the latter half of the year more favorable for gold investments. Gold is traditionally seen as a safe haven during economic turmoil, and its recent price drop from earlier peak levels this year adds to its attractiveness. As of the latest trading session on Comex, the most active June contract for gold futures settled at US$4,693.70 an ounce, marking a 1% decline for the session and about a 10.6% drop from the February 27 settlement of US$5,247.90. Despite an initial price increase on the first trading day following the war's start, gold experienced its first monthly decline since June of the previous year in March, and it was the most substantial monthly decrease in nearly 13 years, according to Dow Jones Market Data. [OWNERSHIP_CHART-11073] Stefan Gleason, president and CEO at Money Metals Exchange, noted that the price dynamics observed since the war began are typical for markets during a crisis, Saefong wrote. Initially, gold prices surged due to geopolitical fears and its status as a safe-haven asset, but they later retreated as liquidity needs arose and concerns shifted towards inflation and changes in the Federal Reserve's interest rate policies. Currently, prices based on the most active gold contract are trading 12.4% below the record intraday high of US$5,626.80 from January 29. "The market tone suggested investors were reluctant to build large positions before clearer signals emerged from Washington, Tehran, and the world's major central banks," <a href="https://invezz.com/news/2026/04/28/why-are-gold-prices-failing-to-surge-despite-rising-global-uncertainty/" target="_blank" rel="noopener">wrote Devesh Kumar for Invezz on April 28</a>. Recently, the dynamics of rising oil prices and a stronger dollar have negatively impacted gold prices by promoting a sustained expectation of higher interest rates, which diminishes the attractiveness of non-yielding assets like gold, Kumar noted. The price of gold dropped to a low of around US$4,697 in recent trading sessions, marking the lowest point in over a week. This decline underscores a loss of momentum in the gold rally, influenced by strengthening yields and the dollar. Investors, who had previously driven the price of gold higher earlier in the month due to geopolitical tensions, are now reconsidering if such concerns alone can sustain further increases in gold prices. Currently, the answer is no, the author said. "So long as oil remains elevated and the dollar stays firm, gold may struggle to break convincingly higher even when demand for safety remains intact," Kumar noted. <h2 style="text-align: center;">Ownership and Share Structure1</h2> Approximately 28% is owned by management and insiders, institutions hold 15%, and strategic corporate investors (including Barrick Mining Corp. and the TAIFA Group) own 23%. The remainder is retail. Top shareholders include AIMS Asset Management with 8.68%, Rostam Aziz with 8.15%, Simon Charles Benstead with 7.32%, Concept Capital Management Ltd. with 5.8%, and Walter David Scott with 3.06%. The company's market cap is CA$58.92 million. It has 196.4 million shares outstanding, according to the company, and trades in a 52-week range of CA$0.16 to CA$0.36. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Lake Victoria Gold Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Lake Victoria Gold Ltd.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31072"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31072" width="0" height="0"> ( Companies Mentioned: LVG:TSX; LVGLF:OTCQB; E1K:FSE, ) Mon, 27 Apr 2026 00:00:00 PST Tungsten's Wake-Up Call https://www.streetwisereports.com/article/2026/04/27/tungstens-wake-up-call.html Source: <a href="https://www.streetwisereports.com/article/2026/04/27/tungstens-wake-up-call.html?utm_medium=feed">Brian Hicks 04/27/2026</a> Brian Hicks of Wealth Daily outlines what he believes to be the current tungsten crisis in the U.S., and shares his thoughts on one American tungsten stock.In Part 1 of my report on the unfolding tungsten crisis in the U.S., I told you the story of a metal that refused to reveal itself… A metal hidden in stone for centuries… dismissed as useless… until it became the backbone of modern civilization. Now let me show you what happens next. Because today… That same metal — tungsten — is at the center of a crisis that very few investors understand… And even fewer are positioned for. <h2 style="text-align: center;">The Crisis Nobody Wants to Talk About</h2> Right now, the United States has a dangerous problem. We do not have a reliable domestic supply of tungsten. Let me repeat that. One of the most critical metals for modern industry and military power… A metal essential for weapons, aerospace, electronics, and infrastructure… Is largely imported from other nations. And where is the majority of that supply? China. At a time when geopolitical tensions are rising… global supply chains are fragmenting… and resource nationalism is accelerating… America is dependent on a foreign power for a metal it cannot replace. That's not just an inconvenience. That's a strategic and national security vulnerability. <h2 style="text-align: center;">Why Tungsten Matters More Than Ever</h2> Tungsten is not just another industrial metal. It is: <ul> <li>The backbone of armor-piercing systems</li> <li>A critical component in missile and defense technologies</li> <li>Essential for high-temperature aerospace applications</li> <li>Embedded in nearly every advanced manufacturing process</li> </ul> And here's the key… There are no easy substitutes. That's what makes tungsten different from copper… from aluminum… even from lithium. When tungsten supply tightens… You don't switch materials. You pay higher prices. <h2 style="text-align: center;" data-olk-copy-source="MessageBody">Why Tungsten Is About to Have Its 'Antimony Moment'</h2> We've already seen this movie before. Just recently, antimony — a metal most investors had never heard of — went on an explosive run as supply constraints collided with rising demand. One particular antimony stock — <a href="https://www.streetwisereports.com/pub/co/10820?utm_medium=feed" target="_blank" rel="noopener">Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ)</a> — went on one of the most explosive rallies ever seen in the stock market. Perpetua is mining antimony in Idaho. Idaho has quickly become one of the hottest mineral mining districts on the planet. Remember this. In fact, here's what Perpetua has done in the last several years: <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642865459_1.png" alt="" width="1000" height="539" /> Now look at tungsten. You have the exact same setup: <ul> <li>Supply is dominated by one country</li> <li>Growing military demand</li> <li>Rising industrial usage</li> <li>Limited new production coming online</li> </ul> And we're already seeing the early signals. Take Almonty Industries Inc. (AII:TSX; ALM:NASDAQ; ALL:ASX; ALI:Frankfurt)… One of the world's largest non-Chinese tungsten producers. It's expanding aggressively into the U.S., acquiring advanced tungsten projects and positioning for near-term production — explicitly to meet Western demand. Now look at tungsten. You have the exact same setup: <ul> <li>Supply is dominated by one country</li> <li>Growing military demand</li> <li>Rising industrial usage</li> <li>Limited new production coming online</li> </ul> And we're already seeing the early signals. Take Almonty Industries… One of the world's largest non-Chinese tungsten producers. It's expanding aggressively into the U.S., acquiring advanced tungsten projects and positioning for near-term production — explicitly to meet Western demand. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642865546_2.png" alt="" width="1000" height="542" /> That's not speculation. That's smart money moving early. And it's one of the reasons Almonty is trading at or near record highs.But Here's Where It Gets Interesting… When a major player like Almonty starts moving… That's usually the signal. Not to chase the large-cap leader… But to go one layer deeper. Because that's where the real upside is. <h2 style="text-align: center;" data-olk-copy-source="MessageBody">Enter: American Tungsten Corp.</h2> This is where the story shifts from macro… To opportunity. American Tungsten Corp. (TUNG:CSE; TUNGF:OTCQB; RK9:FSE) is not a giant. It's a small, under-the-radar company doing something very specific… And very important. It is working to bring domestic tungsten production back to the United States. I believe American Tungsten is about to go on a Perpetua- and Almonty-type rally that could push its stock up 1,000%. Today, American Tungsten's stock trades for just about $2 a share. But it could see $20 easily. Here's why… <h2 style="text-align: center;">The Idaho Project That Could Change Everything</h2> At the center of this story is the IMA Mine Project in Idaho. This isn't a conceptual exploration play. This is a past-producing tungsten mine — with real history, real infrastructure, and real data behind it: <ul> <li>It's located on patented land in Idaho.</li> <li>It previously produced about 199,000 MTUs of tungsten.</li> <li>It's backed by decades of exploration and development work.</li> <li>It's positioned for a potential restart.</li> </ul> This is critical. Because in mining, the biggest risk is often: Is there actually something in the ground? At IMA… We already know the answer. <h2 style="text-align: center;">What They're Doing Right Now</h2> American Tungsten isn't sitting still. They are actively advancing the project toward production: <ul> <li>Ongoing drilling is expanding known mineralization zones.</li> <li>Recent results show strong tungsten-silver intercepts across multiple veins.</li> <li>Tailings reprocessing is being evaluated as a near-term value unlock.</li> </ul> This is a multi-path development strategy: <ol start="1"> <li>Restart historical production.</li> <li>Expand the resource base.</li> <li>Unlock additional value from existing material.</li> </ol> <h2 style="text-align: center;">Why This Matters More Than You Think</h2> Here's the big picture… American Tungsten isn't just developing a mine. It's positioning itself as part of a national solution. Because if successful… The IMA Mine could help supply a meaningful portion of U.S. tungsten demand — potentially up to around 8%, according to analysts. Think about that. One project. Helping reduce dependence on foreign supply. That's the kind of asset that doesn't just attract investors… It attracts attention from governments, defense contractors, and strategic partners. <h2 style="text-align: center;" data-olk-copy-source="MessageBody">The Setup Is Almost Identical to Past Winners</h2> Let's connect the dots. Before the shale boom… U.S. energy independence looked impossible. Before the uranium rally… Nuclear fuel shortages were ignored. Before antimony surged… No one cared about supply concentration. And now? We're seeing the same setup with tungsten. <ul> <li>A critical metal</li> <li>A constrained supply chain</li> <li>A geopolitical catalyst</li> <li>And a domestic production gap</li> </ul> <h2 style="text-align: center;">Why We're Buying TUNGF Here</h2> This is not about chasing momentum. This is about positioning early. American Tungsten offers: <ul> <li>A strategic U.S.-based asset</li> <li>A past-producing mine (lower development risk)</li> <li>Ongoing drilling success and expansion</li> <li>Exposure to a metal entering a structural supply crunch</li> </ul> And most importantly… It's still early enough that the broader market hasn't fully caught on. <h2 style="text-align: center;">The Bottom Line</h2> Tungsten is no longer just a "boring industrial metal." It is becoming: <ul> <li>A strategic asset</li> <li>A national security priority</li> <li>And potentially… one of the next major commodity breakouts</li> </ul> And the companies positioned to supply it domestically? They won't stay small forever. Because in the end… This isn't just about tungsten. It's about something much bigger. It's about the realization that the world is running on resources… And the countries — and investors — who secure them first will win. Action to Take: We are initiating a position in American Tungsten at current levels. Because this is exactly the kind of early-stage, under-the-radar opportunity… That turns into a major winner when the world finally catches up to the story. Get to the good, green grass first… <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Perpetua Resources Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Perpetua Resources Corp. and American Tungsten Corp. </li> <li>Brian Hicks: I, or members of my immediate household or family, own securities of: American Tungsten. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31069"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31069" width="0" height="0"> ( Companies Mentioned: TUNG:CSE; TUNGF:OTCQB; RK9:FSE, ) Mon, 27 Apr 2026 00:00:00 PST Demand Surge Pushes Gold Financing to CA$9.7M as Major Players Step In https://www.streetwisereports.com/article/2026/04/28/demand-surge-pushes-gold-financing-to-ca-9-7m-as-major-players-step-in.html Source: <a href="https://www.streetwisereports.com/article/2026/04/28/demand-surge-pushes-gold-financing-to-ca-9-7m-as-major-players-step-in.html?utm_medium=feed">Streetwise Reports 04/28/2026</a> Dryden Gold Corp. (DRY:TSXV; DRYGF:OTCQX; X7W:FSE) upsized its equity financing to CA$9.7M, with participation from Centerra Gold and Alamos Gold to support exploration in Northwestern Ontario.<a href="https://www.streetwisereports.com/pub/co/11012?utm_medium=feed" target="_blank" rel="noopener">Dryden Gold Corp. (DRY:TSXV; DRYGF:OTCQX; X7W:FSE)</a> announced that <a href="https://drydengold.com/dryden-gold-announces-upsizing-of-its-previously-announced-equity-financing-with-participation-from-centerra-gold-and-alamos-gold/" target="_blank" rel="noopener">it has increased its previously announced non-brokered equity financing due to excess demand, with the upsized financing now including up to 23,000,000 common shares for aggregate proceeds of up to CA$9,716,280.</a> The offering consists of up to 16,200,000 flow-through common shares priced at $0.41 per share for gross proceeds of up to CA$6,642,000, and up to 6,800,000 charity flow-through common shares priced at CA$0.452 per share for gross proceeds of up to CA$3,074,280. The company stated that the securities will qualify as flow-through shares under the Income Tax Act (Canada) and as Ontario-focused flow-through shares under the Taxation Act, 2007 (Ontario). The financing remains subject to compliance with applicable securities laws and approval from the TSX Venture Exchange. Finders' fees of 6% cash may be payable to eligible arm's length parties for certain subscriptions, and all securities issued will be subject to a hold period of four months and one day. In connection with the financing, Centerra Gold Inc. (CG:TSX; CADGF:OTCPK) will exercise its top-up right to maintain its 9.9% interest in the company by purchasing 2,305,000 common shares issued under the charity flow-through portion. Alamos Gold Inc. will also participate by purchasing 2,410,000 common shares under the same portion of the offering. Following the closing, Alamos is expected to hold 25,413,326 common shares, maintaining a 10.46% ownership interest. <a href="https://drydengold.com/dryden-gold-announces-upsizing-of-its-previously-announced-equity-financing-with-participation-from-centerra-gold-and-alamos-gold/" target="_blank" rel="noopener">The company stated that the gross proceeds from the financing will be used to fund additional drilling and exploration activities on its 90,000-hectare property in Northwestern Ontario</a>. An amount equal to the gross proceeds from the issuance of flow-through and charity flow-through shares will be used to incur eligible exploration expenses that qualify as Canadian exploration expenses, flow-through mining expenditures, and eligible Ontario exploration expenditures. The company also noted that insiders may participate in the charity flow-through portion of the financing, which would constitute a related party transaction under Multilateral Instrument 61-101. The company intends to rely on exemptions from formal valuation and minority shareholder approval requirements. <h2 style="text-align: center;" data-start="0" data-end="58">Digging Into Gold Exploration and Market Conditions</h2> <a href="https://www.kitco.com/news/article/2026-04-24/gold-boring-again-thats-point" target="_blank" rel="noopener">Kitco News reported on April 24 that the gold market had entered a quieter phase</a>, with prices fluctuating within a broad range between US$4,600 and US$4,900 per ounce. The report stated that "trading volumes have dropped in recent weeks as prices fluctuate within a broad range," while noting that "there is little sense of urgency driving near-term positioning." Despite this, the same report emphasized that "gold continues to act as an anchor in a financial system showing increasing strain," reflecting its role during periods of economic uncertainty. The April 24 report also highlighted structural demand factors, stating that "steady official-sector accumulation over the past several years suggests growing unease with traditional reserve assets." It added that "price dips are being treated as opportunities, not warning signs," particularly in reference to central bank activity. The report further noted that "gold is being treated less as protection against a single economic outcome and more as insurance against broader systemic stress," while emphasizing that "gold carries no counterparty risk," a characteristic that becomes more relevant during periods of instability. <a href="https://www.reuters.com/world/india/gold-falls-firm-dollar-oil-driven-inflation-fears-us-iran-talks-stall-2026-04-27/" target="_blank" rel="noopener">Reuters wrote on April 26 that gold prices moved slightly lower amid macroeconomic pressures</a>, reporting that spot gold declined 0.6% to US$4,682.13 per ounce while U.S. gold futures settled 1% lower at US$4,693.70. According to the report, "what we're seeing is the market continuing to have doubts that a robust agreement that will open up the Strait of Hormuz is going to happen imminently," with ongoing geopolitical tensions contributing to market uncertainty. The same report noted that "with inflation double what the target is, it's going to be very difficult for the U.S. central bank to cut rates in the months to come, and that is a negative for gold," reflecting the impact of interest rate expectations on the sector. <a href="https://stockhead.com.au/news/closing-bell-goldies-and-lithium-ies-resist-but-asx-cops-another-loss/?utm_source=feedotter&utm_medium=email&utm_campaign=FO-04-27-2026&utm_content=httpsstockheadcomaunewsclosingbellgoldiesandlithiumiesresistbutasxcopsanotherloss&utm_medium=email&utm_campaign=CB%20NL%20Apr%2027&utm_content=CB%20NL%20Apr%2027+CID_aa00b922abd92ba4a0902e4bfd3c954b&utm_source=Campaign%20Monitor&utm_term=Closing%20Bell%20Goldies%20and%20lithium%20stocks%20resist%20but%20ASX%20cops%20another%20loss" target="_blank" rel="noopener">A more recent report from Stockhead, published April 27, described equity market performance where "gold stocks dominated the top end of the market," </a>with investors shifting toward perceived safer assets. The report stated that "broader precious metals names [were] following suit, as investors leaned into that side of safer ground," even as broader market gains remained limited. <h2 style="text-align: center;" data-start="0" data-end="87">Analyst Commentary Focuses on Drilling Results and Exploration Progress</h2> A February 13 report from the Couloir Research Team stated that Senior Analyst Ron Wortel had assigned a "Buy" rating to the company and outlined a projected upside of 164%. Wortel wrote that "Dryden Gold [is positioned] for sustained exploration momentum and continued resource growth, supporting our updated fair market value target of ~CA$1.00 for the stock into 2026." 1<a href="https://www.streetwisereports.com/article/2026/02/25/from-concept-to-confirmation-a-district-scale-gold-story-takes-shape-1.html?utm_medium=feed" target="_blank" rel="noopener">In a February 25 technical opinion piece, John Newell of John Newell & Associates discussed the company's positioning within the sector. </a>He wrote that "with institutional backing, experienced Red Lake leadership, and a technical structure that remains constructive, Dryden offers speculative investors leveraged exposure to what could be an emerging high-grade gold district at a time when precious metals are strengthening." Newell also stated that "at the current price of CA$0.37, we continue to view the shares as a Speculative Buy, recognizing both the upside potential and the inherent risks associated with junior exploration companies." He further noted that "since the initial breakout in May 2025, Dryden Gold achieved its first two technical targets at CA$0.32 and CA$0.40. The third target at CA$0.46 has now also been met, confirming that the broader uptrend remains intact." Chen Lin of What is Chen Buying? What is Chen Selling? commented on April 2 regarding recent drilling results, stating that the company ". . . released excellent drilling results. 4.25 meters grading 32.87 g/t gold, including 0.50 meters of 252.00 g/t gold on BM1 at 160 meters below surface at Sparrow. Unfortunately, nobody pays attention to this kind of day, but it is a very exciting result." <a href="https://thegoldadvisor.com/the-gold-advisor/newsletters/dryden-gold-cassiar-gold-amarc-resources-pacifica-silver-plus-two-new-podcasts/" target="_blank" rel="noopener">Also on April 2, Jeff Valks of The Gold Advisor assigned a "Buy" rating following the company's latest release. </a>He wrote that "these intercepts strengthen confidence in Dryden's structural targeting strategy and extend mineralization along strike and at depth across the Big Master Gold System. More importantly, they show the team's 3-D interpretation is working in real time, not just on paper. That's the kind of feedback loop exploration companies hope for." Valks disclosed that he held a long position, while Jeff Clark maintained an overweight position with no plans to sell. <a href="https://thegoldadvisor.com/the-gold-advisor/newsletters/emperor-metals-westward-gold-dryden-gold-outcrop-silver/" target="_blank" rel="noopener">On April 27, Jeff Valks discussed the financing update, noting that the offering had been expanded to US$9,716,280 following excess demand while highlighting the continued participation of existing strategic shareholders. </a>He wrote that "Centerra Gold exercised its top-up right to maintain its 9.9% position" and that "Alamos Gold stepped in again as well, preserving its 10.46% ownership stake," adding that "that's not tourist capital" and describing the participation as "the kind of participation you usually see when major producers like the address." Valks also outlined that the financing consisted of 16,200,000 flow-through shares priced at US$0.41 and 6,800,000 charity flow-through shares priced at US$0.452, with proceeds directed toward exploration activities across a 90,000-hectare land position along the Manitou-Dinorwic deformation zone. Valks further commented on the structure of the financing, stating that "what stands out here isn't the dilution, it's who chose not to be diluted," noting that both Centerra and Alamos maintained their ownership positions. He added that "strategic shareholders maintaining ownership percentages while financing grows is usually a signal worth noticing," and described the project as "a consolidated land package with infrastructure, workforce access, historic mines that haven't seen modern exploration across most of their strike length." He concluded by stating, "This remains a district-scale discovery story backed by two established producers maintaining meaningful exposure," and disclosed that he held a long position, while Jeff Clark maintained an overweight position with no plans to sell. <h2 style="text-align: center;" data-start="2251" data-end="2303">Dryden's 2026 Exploration Programs and Target Development</h2> <a href="https://wp-drydengold-2024.s3.ca-central-1.amazonaws.com/media/2026/02/2026-04-21-April-24-Investor-Presentation.pdf" target="_blank" rel="noopener">According to the company's investor presentation</a>, exploration permits for Gold Rock, Hyndman, and Sherridon were received during 2025, and the company is now applying for additional permits to expand these areas in order to drill test new targets within larger footprints. At Gold Rock, the expanded permitting is intended to cover additional ground to the north and south along the Manitou-Dinorwic deformation zone, as well as the Walmsley deformation zone. At Hyndman, the new permit applications would extend coverage across a 12 kilometer gold-in-till anomaly corridor, beyond the original permits that were focused on the granodiorite target area. At Sherridon, the expanded permit area is based on prior broad low-grade drill results and is designed to increase the overall exploration footprint. For regional targets, the company identified expanded work areas at both Hyndman and Sherridon. A till substrate sampling program is planned on new ground, alongside mapping and prospecting focused on priority target areas. The company also outlined follow-up work at Hyndman, specifically targeting granodiorite-hosted mineralization. The presentation further detailed a two-pronged exploration approach that includes advancing the Gold Rock Camp through deeper drilling to define structural controls and develop multiple target areas across a 20-kilometer zone, while also advancing regional discoveries. At Hyndman, the company identified a potential 4-kilometer strike and noted that channel samples are expected to generate drill targets. At Sherridon, activities include first pass drilling, re-logging, defining broad mineralized zones, and planning follow-up drilling. [OWNERSHIP_CHART-11012] The company also outlined a funded exploration budget of $11.0 million for 2026, which includes $9.0 million allocated to drilling across Gold Rock, Hyndman, and Sherridon, $1.5 million for mapping, channel sampling, and compilation work, and $500,000 for additional sampling and surveys. The budget includes a planned 32,000 meters of drilling. Additional 2026 activities include continuing to grow the Gold Rock target area, testing for periodicity along strike at Mud Lake through drilling, drill testing the Hyndman granodiorite discovery, further testing the Sherridon regional target, and reviewing a property-wide soil and till program to identify additional regional targets. <div class="z-0 flex min-h-[46px] justify-start"> </div> <div class="mt-3 w-full empty:hidden"> <div class="text-center"> <h2 style="text-align: center;">Ownership & Share Structure2</h2> Dryden Gold Corp. has a market cap of CA$71.4 million, with 219.54 million shares outstanding. The company's 52-week range is CA$0.155-CA$0.48. Management and Insiders own 5.39% of company shares, while Strategic Investors own 52.538%. The remaining 42.23% of shares are Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> </div> </div> <div class="pointer-events-none -mt-px h-px translate-y-[calc(var(--scroll-root-safe-area-inset-bottom)-14*var(--spacing))]" aria-hidden="true"> </div>Important Disclosures:<ol> <li>Dryden Gold Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Dryden Gold Corp.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> 1 Disclosure for the quote from the John Newell article published on February 25, 2026. <ol start="1" type="1"> <li>For the quoted article, February 25, 2026, Dryden Gold Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$2,050.</li> <li>Author Certification and Compensation: John Newell of John Newell and Associates was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31067"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31067" width="0" height="0"> ( Companies Mentioned: DRY:TSXV; DRYGF:OTCQX; X7W:FSE, ) Tue, 28 Apr 2026 00:00:00 PST Gold Explorer Expands Massive Drill Campaign to 110,000m in Ontario https://www.streetwisereports.com/article/2026/04/27/gold-explorer-expands-massive-drill-campaign-to-110-000m-in-ontario.html Source: <a href="https://www.streetwisereports.com/article/2026/04/27/gold-explorer-expands-massive-drill-campaign-to-110-000m-in-ontario.html?utm_medium=feed">Streetwise Reports 04/28/2026</a> Onyx Gold Corp. (ONYX:TSX.V) updates on its exploration program in Ontario's Timmins camp after making the TSX Venture Exchange's top 50 list for 2025. Find out how much its market cap has grown.Onyx Gold Corp. (ONYX:TSX.V) announced significant developments in its 2026 exploration program at the Munro-Croesus project 75 kilometers east of Timmins, Ontario, <a href="https://onyxgold.com/onyx-gold-expands-munro-croesus-drill-program-to-110000-meters-adds-fourth-drill-rig/" target="_blank" rel="noopener">according to an April 23 release</a>. The company said it has notably increased its drilling efforts, expanding the program from 75,000 meters to 110,000 meters, not only accelerating the exploration of the Argus zones, but also enabling a thorough examination of several high-priority targets along the underexplored Pipestone fault and throughout the expansive Munro-Croesus property. Onyx noted it has positioned itself as one of the most active gold exploration entities in Canada for the year 2026. The expansion allows for continuous, year-round drilling operations, enhanced by the recent addition of the fourth drill rig, which provides the flexibility to modify the drilling pace based on emerging results. "Over the past year, we have rapidly advanced Munro-Croesus from a single discovery into what we now believe is a district-scale property capable of hosting several gold systems of different styles," said Chief Executive Officer Brock Colterjohn. “With more than 50,000 meters already drilled and multiple zones demonstrating strong continuity, scale, and expansion potential, we are now accelerating aggressively with a fourth drill rig and a 110,000-meter program — one of the largest drill programs for a gold exploration company in Canada.” Colterjohn said the company was beginning to see a repeatable structural framework emerge across the Argus Zones and along the Pipestone Fault, which it believes will significantly improve its ability to systematically target higher-grade mineralization within a broader gold system. At the same time, the CEO said Onyx is unlocking multiple parallel discovery opportunities across its 109-square-kilometer land package, including high-grade vein targets and underexplored regional corridors. "With a fully funded program, strong ongoing news flow, and multiple catalysts ahead, we believe Munro-Croesus is evolving into one of the most compelling discovery stories in the Timmins camp," ColterJohn said. <h2 style="text-align: center;">Goal Is to Substantially Increase Gold Resources</h2> In the release, Onyx said its primary goal is to continue step-out drilling at the Argus zones to define a gold system of significant scale. Additionally, Onyx has planned multiple work streams to explore different styles of mineralization across the project, each with the potential to substantially increase gold resources. The Argus North zone, discovered in April 2025, has quickly developed into a high-grade area with over 250 meters of strike length and strong vertical continuity down to approximately 400 meters. The deepest drilling at this site has yielded promising results, including a segment with 73.2 meters grading 2.4 grams per tonne (g/t) gold. Future drilling aims to extend this zone further along strike and down plunge. Nearby, the Argus Main zone, located 100 meters south of Argus North, is recognized as a near-surface bulk-tonnage gold system, spanning 900 meters by 200 meters with consistent mineralization. Recent drilling there has uncovered a new high-grade structure, enhancing the model of periodic high-grade zones within the broader system. To the southwest, the discovery of Argus West has unveiled a new structural corridor associated with the Argus fault, suggesting a significant control on mineralization and opening new exploration possibilities, the company said. Planned drilling will test the continuity of this zone and explore the structural corridor extensively. The Pipestone fault corridor, where Onyx controls eight kilometers of strike length, is another focal point for 2026. Recent structural modeling indicates that controlling structures similar to those found in the Argus zones extend across this corridor. The drilling program will target multiple parallel structures over approximately five kilometers of its length, seeking both high-grade and bulk-tonnage mineralization. Additionally, Onyx said the eastern portion of the Munro-Croesus property hosts several high-grade historical mines and gold targets. Notable among these is the historic Croesus mine, which produced some of the highest-grade gold in Ontario. Recent drilling near this site has intersected significant gold grades, and no follow-up drilling has been completed yet. Another target, the GM vein, discovered in 2023, has also shown high-grade gold and remains open for expansion. The C-Zone, located 6 kilometers east of the Argus zones, has returned the highest-grade channel sample results to date following recent evaluations. Overall, the company said the Munro-Croesus land package remains largely underexplored. The planned drilling for 2026 will test multiple regional targets across geological settings analogous to the Argus zones and other deposits in the Timmins camp, aiming to unlock the full potential of this expansive property. <h2 style="text-align: center;">Making the TSX Venture 50 List</h2> Onyx made big waves in 2025, <a href="https://www.streetwisereports.com/article/2026/02/27/tsx-venture-50-highlights-changing-sentiment-toward-mining-sector.html?utm_medium=feed" target="_blank" rel="noopener">ranking 20th overall in this year's TSX Venture 50 list</a>, which ranks the top companies of more than 1,6000 listed on the TSX Venture Exchange based on their annual performance, using three criteria: one-year share price appreciation, market cap growth, and Canadian consolidated trading value. This year, the list includes 51 companies due to a tie in the ranking system. Onyx reported a remarkable 641% increase in share price over the year, and a 1,202% growth in market capitalization. Onyx Gold Corp. is actively pursuing significant gold exploration projects in two critical areas in Canada: the Timmins Gold Camp in Ontario and the Selwyn Basin in Yukon. In Timmins, the company's efforts are centered around the Munro-Croesus Property, which is notable for the historic high-grade Croesus Mine and the recently discovered Argus North, one of the area's most promising new gold zones. In the Yukon, Onyx holds four properties in the Selwyn Basin, with the King Tut Property standing out, located near Snowline Gold's Valley discovery. The company's progress, particularly with the high-grade Argus North discovery and ongoing drilling success, has garnered robust support from both retail and institutional investors. "Being named to the TSX Venture 50 is an incredible honor and an important milestone for Onyx," <a href="https://onyxgold.com/onyx-gold-named-to-the-2025-tsx-venture-50-following-transformational-year-of-discovery-and-growth/" target="_blank" rel="noopener">Colterjohn said at the time</a>. "This recognition reflects the strength of our technical team, the support of our shareholders, and the transformational impact of the Argus North discovery in the Timmins Camp. In 2025, we tested a bold geological thesis and delivered results that drove meaningful share price and market capitalization growth. With a strong balance sheet, expanding drill programs in Timmins and across our Yukon projects and multiple high-priority targets, we believe 2026 will be another defining year for Onyx." <h2 style="text-align: center;">'One of the More Active Exploration Stories' in the Timmins Camp</h2> Jeff Valks, senior analyst for The Gold Advisor, highlighted the significant expansion of Onyx's 2026 drilling program at the Munro-Croesus project <a href="https://thegoldadvisor.com/the-gold-advisor/newsletters/heliostar-metals-onyx-gold-astra-exploration-vizsla-silver-jeff-chats-with-mining-network/" target="_blank" rel="noopener">in an April 23 update</a>. Originally planned for 75,000 meters, the program has now been extended to 110,000 meters with the addition of a fourth drill rig, positioning Onyx as one of the most active explorers in Canada this year. This expansion is not just in meterage; more than 50,000 meters have already been drilled, with about 60,000 meters remaining, promising a steady flow of updates for the remainder of the year, he said. The Munro-Croesus project, located in the Timmins camp, encompasses a substantial land area, Valks noted. The company controls 8 kilometers of strike along the Pipestone Fault and a consolidated land package of 109 square kilometers. This scale brings a new level of potential to the project, suggesting that it's not just a single exploration site but a district-scale property. The drilling efforts continue to focus on the Argus Zones, where significant mineral continuity has been established — over 1,400 meters in strike and more than 500 meters in depth from the surface. Specifically, Argus North has shown rapid growth since its discovery in April 2025, now extending over 250 meters along strike and down to about 400 meters in depth, Valks said. Nearby, Argus Main covers approximately 900 meters by 200 meters, characterized by consistent bulk-tonnage mineralization and emerging higher-grade zones within the larger system. "With a strong treasury of approximately CA$22 million, a fully funded 110,000-meter program, expanding strike continuity, and multiple parallel targets across a 109-square-kilometer package, Munro-Croesus is evolving into one of the more active exploration stories in the Timmins camp right now," Valks wrote. "The stock is a Buy. Especially at its current price." According to FactSet on March 31, ATB Cormark Capital Markets analyst Zach Matheson gave Onyx Gold Corp. A Buy rating with a CA$3.35 target price. FactSet also reported that on April 22, Beacon Securities analyst Michael Curran gave the company a Buy rating with a CA$3.20 target price. <h2 style="text-align: center;">Results from King Tut in Yukon</h2> On January 28, Onyx shared results from its 2025 summer field program at the King Tut property in eastern Yukon, <a href="https://www.miningnewsnorth.com/story/2026/01/30/northern-neighbors/onyx-outlines-ra-gold-target-at-king-tut/9518.html" target="_blank" rel="noopener">according to a report by A.J. Roan for North of 60 Mining News on January 29</a>. Systematic surface exploration at the Ra intrusion has confirmed extensive gold-bearing sheeted vein systems and identified a high-priority zone ready for potential initial drilling later this year. Situated about 50 kilometers southeast of Mayo, King Tut spans 21,000 hectares within the promising Tombstone Gold Belt. Acquired in 2023 through the spinout of HighGold Mining's Yukon and Ontario assets, the property has progressed from initial reconnaissance sampling to structured target definition, showing steady advancement through successive field seasons. Following the 2024 program that expanded a known gold-in-soil anomaly and yielded surface values up to 25.1 grams per metric ton gold, Onyx focused its 2025 campaign on evaluating the Ra intrusion. This involved detailed mapping, extensive rock and channel sampling, and drone-based structural imaging. Conducted over 20 days, the operation covered a 1,000-by-1,700-meter area, collecting 562 rock samples, including nearly 500 channel samples, to refine geological and geochemical controls, the article said. The results revealed a dense network of gold-bearing quartz veins within the intrusion and adjacent altered sediments, with vein density increasing toward the western margin. Gold grades improved where veining was more concentrated and where elevated bismuth was present, helping define higher-priority zones, Roan wrote. While much of 2025 was dedicated to advancing Onyx's Ontario portfolio, the completion of this systematic field program has enhanced the understanding of King Tut, the report noted. With permits in place for up to 5,000 meters of diamond drilling across 10 sites, the company is refining drill targets at Ra alongside renewed efforts at Golden Mask, another intrusion-targeted zone on the property's western extent, last drilled in 2024. "With Snowline's Valley deposit only 50 kilometers away, and strong investor appetite for new Yukon gold discoveries, King Tut is exceptionally well-positioned," said Colterjohn. "Our focus now is to refine and prioritize drill targets as we advance toward a potential first drill campaign at the Ra intrusion." <h2 style="text-align: center;">The Catalyst: Market Waits for Fed's Decision</h2> Gold prices remained subdued on Monday as investors awaited a crucial decision on interest rates from the Federal Reserve, set to be announced later in the week, <a href="https://ng.investing.com/news/commodities-news/gold-prices-steady-as-dollar-drifts-amid-iran-jitters-fed-anticipation-2461981" target="_blank" rel="noopener">according to a report by Scott Kanowsky for Investing.com on April 27</a>. This decision comes in the context of rising oil prices due to supply disruptions in the Middle East, further complicated by ongoing geopolitical tensions. The central bank's meeting, which concludes on Wednesday, is not expected to change interest rates, but the focus will be on the Fed's perspective regarding the economic impact of recent energy price increases caused by the conflict in Iran. This week's Fed meeting is notably the last one under the leadership of Chair Jerome Powell, with his term concluding on May 15. Kevin Warsh, nominated by President Trump to succeed Powell, indicated in his congressional testimony last week that he has not committed to reducing interest rates. This is significant for gold, which typically performs better when interest rates are lower, as it does not yield interest. In related geopolitical developments, anticipated talks between the U.S. and Iran did not proceed as planned, Kanowsky wrote. Iranian officials left Pakistan, leading to the cancellation of a planned U.S. delegation visit to Islamabad. President Trump, maintaining a firm stance, mentioned that Iran could reach out to him directly to initiate discussions, emphasizing that Iran must not possess a nuclear weapon. This stance underpins the recent U.S.-Israeli military actions aimed at containing Iran's nuclear capabilities. Moreover, tensions in the Middle East continued to influence global markets, with Iran maintaining a blockade of the Strait of Hormuz, significantly disrupting oil shipments. This blockade has caused a sharp increase in oil prices, raising concerns about global inflation, which might prompt central banks to adopt more stringent monetary policies. Amid these uncertainties, the U.S. dollar, typically seen as a safe haven during geopolitical turmoil, experienced a slight decline on Monday, impacting the attractiveness of gold priced in dollars to international buyers. Since last Friday, the prices of gold and silver have remained stable as investors take a cautious stance due to the ongoing conflict in the Middle East, <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-and-silver-prices-today-monday-april-27-gold-and-silver-prices-steady-with-investors-in-wait-and-see-mode-110008792.html" target="_blank" rel="noopener">according to Yahoo! Finance writer Tim Manni on April 27</a>. Over the weekend, a new development arose when Iran proposed a plan to Washington, sparking hopes that the Strait of Hormuz might soon be reopened, potentially restoring disrupted supply chains. However, the situation remains uncertain with the U.S. maintaining a naval blockade and Iran continuing to limit access to the Strait. Additionally, direct negotiations between U.S. and Iranian representatives have yet to occur, leading to a week filled with cautious optimism.[OWNERSHIP_CHART-11532] Attention is also turning towards the Federal Reserve, which is set to conclude its policy-setting meeting later this week, Manni noted. Market experts largely anticipate that the Fed will maintain the current interest rates. However, the financial community is keenly awaiting the Fed’s post-meeting commentary for any indications of potential rate hikes later in the year, which could be implemented to address the inflation increases triggered by the conflict in Iran. It is well understood that rising interest rates generally exert downward pressure on gold prices, adding another layer of complexity to the market dynamics. <h2 style="text-align: center;">Ownership and Share Structure1</h2> Insiders and Management hold 5%, about 21% by strategic investors, about 32% by institutions, and the rest, 42%, is made up of retail, including high-net-worth investors. Top shareholders include Konwave AG with 5.91%, Franklin Advisors Inc. with 5.48%, Sprott Asset Management LP with 2.78%, Darwin Green with 1.26%, and Purpose Investments Inc. with 0.83%. Its market cap is CA$96.71 million with 85.59 million shares outstanding. It trades in a 52-week range of CA$0.69 and CA$2.60. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31064"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31064" width="0" height="0"> ( Companies Mentioned: ONYX:TSX.V, ) Tue, 28 Apr 2026 00:00:00 PST Exploration Co. Finds High-Grade 1,159 g/t Silver at Mexico Project https://www.streetwisereports.com/article/2026/04/27/exploration-co-finds-high-grade-1-159-g-t-silver-at-mexico-project.html Source: <a href="https://www.streetwisereports.com/article/2026/04/27/exploration-co-finds-high-grade-1-159-g-t-silver-at-mexico-project.html?utm_medium=feed">Streetwise Reports 04/27/2026</a> Pinnacle Silver & Gold Corp. (PINN:TSXV; PSGCFLOTC; P9J:FSE) extended mineralization across 1,100 meters in Durango, revealing high-grade silver, gold, lead, and zinc.Pinnacle Silver & Gold Corp. (PINN:TSXV; PSGCFLOTC; P9J:FSE) <a href="https://www.stockwatch.com/News/Item/Z-C!PINN-3808035/C/PINN" target="_blank" rel="noopener">announced continued ground follow-up </a>on shafts, adits, and prospecting pits interpreted from the recent LiDAR survey of its Potrero project in Durango, Mexico. The results show new discoveries of polymetallic mineralization, such as silver-rich veins with assays up to 1,159 g/t Ag (silver). In the same release, Pinnacle Silver announced that continued field work at the Maria Fernanda 2 concession has extended <a href="https://pinnaclesilverandgold.com/pinnacle-discovers-silver-lead-zinc-mineralization-following-up-on-lidar-survey-at-el-potrero/" target="_blank" rel="noopener">previously announced</a> silver-lead-zinc (Ag-Pb-Zn) mineralization along the strike. The LiDAR survey results were reported on January 6, 2026, and confirmed known structural trends, outlined previously unknown structures, and identified 6 shafts, 64 adits, and 51 prospecting pits on the two claim blocks of the 1,074-hectare property. According to the company, highlighted results include: <ul> <li>Ground follow-up of the recent airborne LiDAR survey on the Potrero Project has resulted in the discovery of new zones of polymetallic mineralization, enhancing the district-scale potential of the project </li> <li>On the northern El Potrero claim group, a new series of adits on northeast-trending vein structures, dubbed the "Minas Nuevas", returned assays up to 0.252 g/t Au (gold), 1,159 g/t Ag, 4.72% Pb, and 0.10% Zn over 0.35m </li> <li>On the MF2 block, the "Paulina Breccia" zone has been traced for approximately 400 meters to the northeast with 0.217 g/t Au, 47 g/t Ag, 0.65% Pb, and 0.71% Zn over 0.40 m and 0.232 g/t Au, 50 g/t Ag, 0.48% Pb, and 0.77% Zn over 0.60 m. </li> <li>Also on the MF2 block and approximately 650 meters along strike to the southwest from the Paulina Breccia, an artisanal mine called "Las Guasimas" has yielded assays up to 3.21 g/t Au, 349 g/t Ag, 3.49% Pb, and 5.30% Zn from dump grabs </li> <li>Collectively, the Paulina Breccia and Guasimas mine extend the apparent strike length of the vein system on MF2 to approximately 1,100 meters </li> </ul> <a href="https://www.stockwatch.com/News/Item/Z-C!PINN-3808035/C/PINN" target="_blank" rel="noopener">Pinnacle Silver's president and CEO, Robert Archer, said of the results</a>: "These exciting discoveries of high-grade gold-silver-lead-zinc mineralization not only validate the effectiveness of the LiDAR survey, but are demonstrating the district-scale potential of the mineralizing system at El Potrero. From the processing plant at the northeast point of the project to the new Guasimas zone in the southwest is approximately 10 kilometers, and we now have both Au-Ag and Au-Ag-Pb-Zn mineralizing systems present. All of the recently discovered NE-SW trending polymetallic mineralization is in sharp contrast to the purely gold and silver NW-SE trending mineralization on the northern Dos de Mayo vein system and probably represents a completely different age of hydrothermal activity. As all four of the operating mines surrounding the project are polymetallic, and the Au-Ag-Pb-Zn veins at the Topia Mine are just four kilometers away from MF2, finding this style of mineralization across the Potrero property just underscores how prolific this area really is." Pinnacle Silver and Gold Corp. is a Canadian company focused on exploration and development of gold-silver projects in Mexico, as well as gold projects in Ontario. <h2 style="text-align: center;">Metals Market 'Holding Steady'</h2> In the early hours of April 27, 2026, <a href="https://www.kitco.com/news/article/2026-04-27/modest-price-pressure-gold-silver-traders-assess-war" target="_blank" rel="noopener">gold and silver prices were trading at a slight low</a> after the latest news of the U.S.-Iran War and a troubled weekend for America's president, with June gold futures down US$24 to US$4,717.00, while May silver futures were down US$0.804 to US75.60. However, overall, <a href="https://www.usatoday.com/story/money/personalfinance/2026/04/27/gold-price-on-april-27-2026/89816607007/" target="_blank" rel="noopener">gold is trading higher</a> by 4.67% compared to a month ago and 40.5% higher than one year ago. Iran reported to Pakistan that the war would end if the U.S. lifted the blockade of the Strait of Hormuz, but the White House was unclear about the proposal. A potential threat to President Trump's life occurred at the White House Correspondents' Dinner after shots were fired near the event. Each event has had an impact on metals stocks. <a href="https://www.kitco.com/news/article/2026-04-27/modest-price-pressure-gold-silver-traders-assess-war" target="_blank" rel="noopener">For Kitco, Jim Wyckoff wrote</a> on April 27 that, "Technically, June gold futures bulls' next upside price objective is to produce a close above solid resistance at US$5,000.00. Bears' next near-term downside price objective is pushing futures prices below solid technical support at US$4,500.00. First resistance is seen at US$4,750.00 and then at US$4,800.00. First support is seen at last week's low of US$4,672.20 and then at US$4,626.00." Wyckoff went on, writing, "May silver futures see the next upside price objective for the bulls is closing prices above solid technical resistance at the April high of US$83.245. The next downside price objective for the bears is closing prices below solid support at US$70.00. First resistance is seen at US$77.50 and then at US$80.00. Next support is seen at last week's low of US$73.845 and then at US$72.00." <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-and-silver-prices-today-monday-april-27-gold-and-silver-prices-steady-with-investors-in-wait-and-see-mode-110008792.html" target="_blank" rel="noopener">Tim Manni for Yahoo Finance said</a> that the metals are "holding steady" on April 27, as investors take a wait-and-see approach surrounding the uncertain conflict in the Middle East. Expectations that the U.S. federal government will leave inflation rates unchanged until at least later in the year are also offering investors more confidence in metals trading. <h2 style="text-align: center;">Analysts Find Positive Outlook for Pinnacle</h2> On April 21, 2026, David A. Talbot, MD and Head of Equity Research for Red Cloud Securities, gave Pinnacle Silver a 'Slightly Positive' impact rating due to recent news but noted he did not have a price target or rating for the company, saying, "We believe progress on mine restart and further exploration success should help re-rate the stock." On April 23, 2026, Tim Wright of Couloir Capital gave the company a 'Buy' rating with a fair value of CA$0.33 cents and a 'Very High' perceived risk rating. Wright gave the company a positive outlook over the next year. <h2 style="text-align: center;">Upcoming 2026 Catalysts</h2> The company's<a href="https://pinnaclesilverandgold.com/investors/presentation/" target="_blank" rel="noopener"> investor presentation</a> lists the following near-term, mid-term, and long-term catalysts: [OWNERSHIP_CHART-11593] <ul> <li>Continued surface & underground mapping and sampling</li> <li>Continuing the permitting process</li> <li>Complete underground rehabilitation in preparation for drilling</li> <li>Underground and surface diamond drilling</li> <li>Phase II metallurgical testing</li> <li>Redesign of the plant and complete cost and time requirements for restart</li> <li>Obtain quotes regarding the extension of the power line to the plant site</li> <li>Discuss the potential offtake agreement and project financing with metal traders</li> <li>Evaluate other acquisition opportunities</li> </ul> <h2 style="text-align: center;">Ownership & Share Information1</h2> Pinnacle Silver and Gold Corp. has a market cap of approximately CA$19 million, with 144.71 million shares outstanding. The 52-week range is CA$0.04-CA$0.19. Management and Insiders own 54% of shares, while the remaining 46% of shares are held by retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31059"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31059" width="0" height="0"> ( Companies Mentioned: PINN:TSXV;PSGCFLOTC;P9J:FSE, ) Mon, 27 Apr 2026 00:00:00 PST Meeting Set to Approve Gold Developer's Courageous Lake Spinoff Co. https://www.streetwisereports.com/article/2026/04/27/meeting-set-to-approve-gold-developers-courageous-lake-spinoff-co.html Source: <a href="https://www.streetwisereports.com/article/2026/04/27/meeting-set-to-approve-gold-developers-courageous-lake-spinoff-co.html?utm_medium=feed">Streetwise Reports 04/27/2026</a> A shareholder meeting has been set to vote on Seabridge Gold Inc.'s (SEA:TSX; SA:NYSE.MKT) spinoff of the Courageous Lake gold project in Northwest Territories. Read why one analyst thinks the company is undervalued.A shareholder meeting has been set for May 22 to vote on <a href="https://www.streetwisereports.com/pub/co/700?utm_medium=feed" target="_blank" rel="noopener">Seabridge Gold Inc.'s (SEA:TSX; SA:NYSE.MKT)</a> previously announced plan to spin off its 100% interest in the Courageous Lake gold project in Northwest Territories, <a href="https://www.seabridgegold.com/press-release/seabridge-gold-provides-update-on-courageous-lake-spin-out-information-circular-available-on-sedar-meeting-date-may-22nd-2026" target="_blank" rel="noopener">according to an April 27 release from the company</a>. The company announce the plan to turn the project into newly formed company in December 2025. The spin-off will involve distributing all common shares of Valor to the existing shareholders of Seabridge through a plan of arrangement under the Canada Business Corporations Act. "We believe Courageous Lake is not getting the valuation it deserves in the market because it has been overshadowed by the size and advanced state of our KSM project," Seabridge Chair and Chief Executive Officer Rudi Fronk said. "Our objective is for our shareholders to realize the value of Courageous Lake as the promising asset it is, with good expansion potential, in a Tier One jurisdiction. Spinning it out into a stand-alone public company should enable Courageous Lake to be valued on its merits." The May 22 meeting will be held at 10 a.m. ET in Salon 1 on the 19th Floor of the Fairmont Royal York Hotel in Toronto and will focus on securing shareholder approval for the spin-out, Seabridge said. Seabridge has also announced that the necessary meeting documents, including the Notice of Meeting and Management Information Circular, along with proxy voting forms and other relevant materials, have been made available on <a href="https://www.sedarplus.ca/home/" target="_blank" rel="noopener">SEDAR+</a> and will be filed with the SEC on <a href="https://www.sec.gov/edgar/search/" target="_blank" rel="noopener">EDGAR</a>. These documents, which are also accessible on <a href="https://www.seabridgegold.com/investors/financial-reports#filings">Seabridge's website</a>, provide comprehensive details about the spin-out arrangement, the strategic rationale behind it, and information about Valor and the Courageous Lake project. Shareholders are expected to receive physical copies of these materials by approximately April 29. "It is rare to establish a new listed gold company anchored by a large, economically robust resource base, complemented by significant exploration upside," incoming Valor CEO Mark Ashley said in the release. "Building on Seabridge's successful efforts in advancing the project to its current stage, Valor is well positioned to further advance the existing deposit while pursuing meaningful resource expansion opportunities. I look forward to engaging with Seabridge's shareholders as we work to unlock and deliver incremental value through this focused platform." <h2 style="text-align: center;">Details of the Agreement</h2> If the shareholders approve the proposed Arrangement, Seabridge will distribute 55 million shares of Valor Gold Corp. to its shareholders. This distribution will occur at a ratio of approximately one Valor share for every 1.952 shares of Seabridge held by a shareholder. As part of the spin-out, Valor will be equipped with CA$10 million in cash to support its anticipated work programs and cover general and administrative expenses. On April 10, the Supreme Court of British Columbia issued an interim order for the Arrangement that permits various activities essential to the Arrangement, including the convening of the shareholder meeting and the distribution of meeting materials to shareholders. If the shareholders approve the Arrangement, a hearing for the final order is scheduled for May 27 in Vancouver. Valor has taken steps to be listed on the Toronto Stock Exchange (TSX) and plans to have its shares quoted on the OTCQB Venture Market in the United States. The listing on the TSX and the quotation on the OTCQB are expected to follow shortly after the shareholder meeting, the issuance of the final court order, and the finalization of the Arrangement, Seabridge said. Seabridge's Board has reviewed the terms of the Arrangement and related transactions and has unanimously concluded that the Arrangement is in the best interests of Seabridge and its shareholders. Consequently, the Board is recommending that shareholders vote in favor of the Arrangement at the upcoming meeting. In January 2026, Seabridge announced that mining industry veteran Ashley would be appointed as the director and CEO of Valor following the completion of the Arrangement. Additionally, the management and board of Valor will be strengthened by the appointments of Marcus Adam as vice president of Exploration, Steven Cresswell as chief financial officer and corporate secretary, and several non-executive board members including Alan Edwards as chairman, John Seaberg, Robert Parkinson, Julie Rachnyski, and Elizabeth Miller. <h2 style="text-align: center;">'Multiple Value Realization Paths Are Converging'</h2> On the day of the release, Cantor Fitzgerald Analyst Mike Kozak issued an updated research note keeping the firm's Buy rating and CA$66 per share target price. The move by Seabridge is a "smart one," the analyst said. "In our view, the company currently receives no value for Courageous Lake (completely overshadowed by SA's 100%-owned massive KSM gold-copper project," he wrote. "This spin-out should immediately accrete value net to SA shareholders." In an updated research note on April 13, Stonegate Partners Analyst Dave Storms wrote that Seabridge is "entering a period where multiple value realization paths are converging, including JV execution at KSM, the Courageous Lake spin-out, and new resource delineation at Iskut. In our view, the current valuation does not fully reflect these catalysts or the scale and quality of the underlying asset base." "Courageous Lake represents a second Tier 1 asset with 11 Moz (million ounces) of M&I gold resources and robust economics outlined in the 2024 PFS," Storms wrote. "The planned spin-out into Valor Gold, expected to be completed in 2026, is designed to crystallize value and provide shareholders with direct exposure to a standalone development vehicle. We view the spin-out as a clear value-unlocking event, particularly given limited recognition of the asset in SA’s current valuation." Storms did not issue a traditional rating, but in assessing the value of the company, he used two different valuation methods. The first method uses an Enterprise Value to Net Asset Value (EV/NAV) ratio, which ranges from 0.8x to 0.9x. This approach yields a valuation range from US$67.09 to US$75.99, with the average value being US$71.54. The second method, the Enterprise Value per In-Situ (EV/In-Situ) valuation, applies a multiple ranging from 7x to 9x. This results in a broader valuation spectrum from US$68.43 to US$89.17, with a midpoint of US$78.80, according to the analyst. <h2 style="text-align: center;">Analyst Increases Price Target</h2> On March 12, 2026, <a href="https://www.streetwisereports.com/article/2026/03/16/ksm-partnership-announcement-and-feasibility-study-progress-could-unlock-104-upside-rbc-says.html?utm_medium=feed" target="_blank" rel="noopener">RBC Capital Markets analyst Josh Wolfson released an</a> update on the company, maintaining an Outperform rating with a Speculative Risk qualifier and increasing the price target from US$63 to US$71. This adjustment is based on the revised economics of Seabridge's primary venture, the KSM project, and reflects the company's strong positioning for advancing this initiative. The new price target of US$71 is derived from a 0.4x target multiple of the firm's NAV₅% estimate, which is lower than that of its peers, acknowledging the KSM project's early stage, potential for partnerships, and the complexities and costs associated with construction. At the time of this report, Seabridge's shares were trading at US$33.89 on the NYSE, indicating a potential return of about 104% based on the new target price. The KSM project, located in British Columbia, Canada, is a significant gold-copper asset with enhanced project economics due to recent updates to the Preliminary Feasibility Study (PFS) and improvements in regional infrastructure such as roads, ports, and airstrips. Seabridge is actively seeking a major partner to further invest in the project's development and construction. On the financial side, Seabridge is a pre-revenue development-stage company, with corporate costs of approximately CA$18 million per year through the forecast period. RBC estimates adjusted EPS of (CA$0.45) in 2025, improving to (CA$0.19) in 2026, before widening again to (CA$0.39) and (CA$0.89) in 2027 and 2028, respectively, as capital expenditures ramp significantly. The firm's NAV is estimated at US$181.78 per share, with shares currently trading at just 0.19x NAV. The KSM open pit deposits represent the dominant value driver, carrying an estimated net asset value of US$18,650 million, or US$178.23 per share, at an 8.0% discount rate. Capital expenditure requirements are substantial, with RBC modeling approximately CA$214 million in 2026, rising sharply to CA$3.2 billion in 2027 and CA$3.5 billion in 2028 as potential construction activity commences, resulting in deeply negative free cash flow through the forecast horizon. Total P&P Reserves stand at 53.8 Moz of gold and 7.3 billion pounds of copper, with Total Measured & Indicated resources of 100.5 Moz of gold and 20.1 billion pounds of copper, the analyst wrote. Wolfson outlined several key risks to the rating and price target. Partnership risk is flagged as the primary concern, as RBC's target and recommendation "largely depend on Seabridge finding first a partner to advance and fund a feasibility study, and then to assume operatorship of the project through construction and production." If a suitable partner is not found, or if partnership terms differ from RBC's assumptions, there is risk to valuation and potential for material delays. Additional risks include gold and copper price sensitivity, construction capital expenditure uncertainty (with the 2022 PFS outlining US$6.4 billion and RBC's own estimate at US$7.8 billion for a smaller-scale initial project), the project's relative remoteness and weather challenges, permitting requirements ahead of production, project financing contingent on a future partnership agreement, and potential project opposition from local groups. According to FactSet, other ratings of the stock include Cantor Fitzgerald analyst Mike Kozak's Buy rating with a CA$66 target price and B. Riley Securities' analyst Nick Giles' Buy rating with a US$65 target price. <h2 style="text-align: center;">The Catalyst: Gold Investors Look to Fed Decision</h2> Gold prices remained subdued on Monday as investors awaited a crucial decision on interest rates from the Federal Reserve, set to be announced later in the week, <a href="https://ng.investing.com/news/commodities-news/gold-prices-steady-as-dollar-drifts-amid-iran-jitters-fed-anticipation-2461981" target="_blank" rel="noopener">according to a report by Scott Kanowsky for Investing.com on April 27</a>. This decision comes in the context of rising oil prices due to supply disruptions in the Middle East, further complicated by ongoing geopolitical tensions. The central bank's meeting, which concludes on Wednesday, is not expected to change interest rates, but the focus will be on the Fed's perspective regarding the economic impact of recent energy price increases caused by the conflict in Iran. This week's Fed meeting is notably the last one under the leadership of Chair Jerome Powell, with his term concluding on May 15. Kevin Warsh, nominated by President Trump to succeed Powell, indicated in his congressional testimony last week that he has not committed to reducing interest rates. This is significant for gold, which typically performs better when interest rates are lower, as it does not yield interest. In related geopolitical developments, anticipated talks between the U.S. and Iran did not proceed as planned, Kanowsky wrote. Iranian officials left Pakistan, leading to the cancellation of a planned U.S. delegation visit to Islamabad. President Trump, maintaining a firm stance, mentioned that Iran could reach out to him directly to initiate discussions, emphasizing that Iran must not possess a nuclear weapon. This stance underpins the recent U.S.-Israeli military actions aimed at containing Iran's nuclear capabilities. Moreover, tensions in the Middle East continued to influence global markets, with Iran maintaining a blockade of the Strait of Hormuz, significantly disrupting oil shipments. This blockade has caused a sharp increase in oil prices, raising concerns about global inflation which might prompt central banks to adopt more stringent monetary policies. Amid these uncertainties, the U.S. dollar, typically seen as a safe haven during geopolitical turmoil, experienced a slight decline on Monday, impacting the attractiveness of gold priced in dollars to international buyers. <a href="https://www.thestreet.com/investing/top-bank-issues-blunt-warning-on-gold-prices" target="_blank" rel="noopener">Writing April 26 for The Street, Moz Farooque noted</a> that gold prices have recently seen an uptick, yet analysts at Saxo Bank are hesitant to declare this a definitive breakout. As <a href="https://seekingalpha.com/news/4578337-gold-and-silver-gain-but-look-vulnerable-to-downturn-analyst-says" target="_blank" rel="noopener">reported by Seeking Alpha</a>, the analysts highlight the complex dynamics currently influencing the gold and silver markets, including fluctuating safe-haven demand, movements in the dollar, and ongoing developments in the Iran War. While there is some investor interest in acquiring gold at lower prices, there is no rush back into the market, indicating a nuanced trading environment following gold's significant earlier gains. This cautious sentiment is echoed by other financial institutions, Farooque wrote. For instance, earlier in the week, Morgan Stanley adjusted its outlook for gold, reducing its forecast for the second half of 2026 to US$5,200 from US$5,700. This revision was based on a slowdown in official purchases, reductions in ETF holdings, and diminishing expectations for interest rate cuts. Saxo Bank's analysts also suggest that without clear progress towards peace, the prices of gold and silver are likely to stay within a certain range, indicating that while prices might increase, the initial phase of rapid gains could be over. [OWNERSHIP_CHART-700] The recent performance of gold supports this cautious approach. After initially surging on optimism for rate cuts, safe-haven buying, and falling yields at the beginning of the year, gold's rally has tempered. In recent weeks, the price has fluctuated from the mid-to-high US$4,700s, peaked in the high US$4,800s, and then retreated to the low US$4,700s, he said. This volatility reflects the increased difficulty in trading gold amid factors such as rising oil prices, a strengthening dollar, climbing yields, and ongoing ETF sales, all of which have contributed to dampening the momentum of gold's rally. <h2 style="text-align: center;">Ownership and Share Structure1</h2> Management and insiders hold approximately 3% of the company, while institutions own about 62%. The remainder is held by retail investors. Friedberg Mercantile Group Ltd. holds 15.49%, Van Eck Associates Corp. has 6.86%, and Kopernik Global Investors L.L.C. possesses 6.69%. There are around 104.35 million shares outstanding, with the company having a market cap of CA$4.28 billion and trading within a 52-week range of CA$15.56 to CA$54.29. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Seabrodge Gold Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Seabridge Gold Inc.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31058"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31058" width="0" height="0"> ( Companies Mentioned: SEA:TSX; SA:NYSE.MKT, ) Mon, 27 Apr 2026 00:00:00 PST Copper Actually IS the 'New Silver' https://www.streetwisereports.com/article/2026/04/27/copper-actually-is-the-new-silver.html Source: <a href="https://www.streetwisereports.com/article/2026/04/27/copper-actually-is-the-new-silver.html?utm_medium=feed">Michael Ballanger 04/27/2026</a> Michael Ballanger of GGM Advisory Inc. shares his thoughts on current movements in the copper market and a few stocks he believes are worth looking into. As a newsletter writer, I ask subscribers for a paltry sum every year to allow me to send out anecdotes otherwise known as "stories" about a variety of topics, including my dog, Fido, who chases any and all delivery drivers up the road with great gusto and total resolve. Last night, a young chap arrived in a UPS truck, intent beyond all get-go to deliver the package (an envelope) to my front door, only to realize to his astonishment that all that was between him and a 110-pound snarling Rottweiler was a tiny layer of mosquito netting with zero chance of protecting him from the alligator jaws of a fun-loving attack dog. The problem with these types of canines is that they have been bred over the centuries as "killers" (usually by people who are afraid of being killed), but as any dog-lover knows, all dogs are on this planet for two simple purposes — to love their masters and to chase UPS drivers up the road. Fido knows naught of his pedigree; all Fido has known from his early days as a "puppy" is that if he wants to sleep in the master bed, then he WILL sleep in the master bed and while that has in the past created problems (sometimes severe) with the person with whom I share the bed, needless to say we created another room in the house that solved the problem. Because Fido is no longer allowed in our new room, the issue of "bed control" is now a thing of the past. The new issue is him chewing my pillow into down feathers whilst dreaming of the UPS driver… However, I, as always, digress… I also tell subscribers of my heartfelt feelings about markets. I write about the markets I remember (vaguely) from the 1970's when I was toiling at that private Jesuit institution called Saint Louis University and buying odd-lots of companies like Honeywell and National Cash Register (and losing my shirt). I took a very brief respite from markets after I graduated by attempting to make the NHL by competing against giant human beings with IQ's the size of a Mickey Mouse fingernail in what was the "most fun" I ever had in my entire life. Do you all remember the scene in the greatest hockey movie of all time, "SlapShot", where Paul Newman is in his apartment trying to call his wife? That apartment belonged to Bruce "Gabby" Boudreau, who was the most entertaining opponent against whom I was ever forced to compete. I came back from the team that should have won the Memorial Cup in 1971 – the OHA Junior "A" Saint Catharines Blackhawks — in order to remain eligible for a U.S. college scholarship – and played for the Mississauga-based Dixie Beehives while toiling for a team that was knocked out largely because our most talented player — Larry Patey (who went on to play over 10 years in the NHL) – decided to quit pre-playoffs in order to get into Boston University). I knew all the characters from the "old days". Derek Sanderson borrowed my 1969 Chevy Impala (the "ghetto cruiser") that I owned, thanks to a girlfriend's brother, after which I tinted all the windows and put "dingle balls" dangling from just above the windows and windshield. Gabby Boudreau was always destined to be a coach or a salesman or a mining promoter or all of the above in the same breath. I would be crouched at the face-off circle, concentrating on beating the little imp, and everyone on the ice, including the referees, would be doubled over laughing at some rant upon which Gabby had decided to embark. If there is one truism about Bruce, it is this: Had he had even three more inches of height, he would have had a long NHL playing career. He was a VERY good player and owns a brilliant mind for the wonderful game of hockey. However, I digress… The Shoppers Drug Mart driver is a very polite and very Indian young man who sounds identical to Russell Peters talking about his upbringing in Bramalea, a suburban creation of the early-1960's, located in what used to be a totally English-Scottish-Irish enclave known as "Brampton". The youngster attempting to deliver my medications (note: medications is "plural") decided to plod up the steps and ignore with total and absolute repugnance the sign reading "BEWARE OF DOG" and lay down the package. Within seconds, Fido came lunging through the mosquito screen, snarling at the turban-headed Sikh who was headed toward Fido's favorite "marking spot". The sight of Fido chasing that poor driver up the street was a thing of beauty. You see, I trained Fido from a very early age to respect humans, but in his early years, poor Fido had only my exceedingly Caucasian family from which to draw samples. To this day, I don't know whether it was his turban or his skin color, but it soon became apparent that "If you not look like masters' kin, Fido not like you." After which, canine justice was soon to arrive. Alas, in the interest of full, true, and plain disclosure, Fido did not injure the young man; he merely frightened him to within an inch of his life. From that moment onward, the Shoppers driver also made a very wise decision to leave the blister pack on the front step a few feet from the car door instead of running the risk of another encounter with the Raving Rottweiler. <h2 style="text-align: center;">Copper</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642763057_1.png" alt="" width="624" height="278" /> In case you had not noticed, I LOVE copper. I have, in the past six years, engaged some of the top metals and mining analysts on the planet in debates over "copper versus gold" and "copper versus silver" and even "copper versus uranium, albeit more recently. In each of these debates, I came away with the distinct conviction that there is no bullish case that ever holds a candle against copper when it comes to the certainty of outcome. Gold comes in a close second, but as powerfully bullish as gold is in today's debt-sodden world, a U.S. dollar rally would certainly put a crimp in the current golden narrative that remains fully hinged around central bank buying and dollar debasement theory. Copper, like oil, is used in literally every industry on the planet, and with the widespread movement toward electrification in every major industrial economy, there is simply not enough copper to meet these massive increases in demand. A case in point is the sharp downdraft late last week in my favorite mining company in the world, global multinational giant Freeport-McMoRan Inc. (FCX:NYSE), which got smoked for over 15% from its record high of the prior week when it reported earnings but also included forward guidance on its efforts to restart block caving operations at the Grasberg Mine site where a "mud-rush" forced a complete closure last September as well as several fatalities. Analysts had been expecting an 85% recovery in production by Q2 2026, but based on the report last week, the company expects only a 65% recovery "during the last half of 2026" and cut copper production estimates from 3.4 billion pounds to 3.1 billion while lowering gold estimates from 800,000 ounces to 650,000 ounces. Goldman Sachs has already cut global mine forecasts after Grasberg's collapse, estimating a supply loss of 525,000 tonnes through 2026. This underscores the seriousness of the looming copper shortfalls that are rapidly appearing everywhere as some of the world's largest historical sources of copper supply are either in decline or about to be shut down. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202642763122_2.png" alt="" width="624" height="278" /> Major Drivers of Shutdowns Since 2000: <ul> <li>Depletion and Aging Infrastructure: Many of the world's largest copper mines are over 100 years old. Since 2000, mines like Mount Isa in Australia (closed in 2025 after 60+ years) have shut down as their ore bodies were finally exhausted.</li> <li>Environmental & Social Opposition: In recent years, social unrest and Supreme Court rulings have forced major shutdowns. The most notable is the Cobre Panama mine, which was ordered to shut down in late 2023, removing roughly 1.5% of global copper supply.</li> <li>Geotechnical Failures & Accidents: Several major mines have been forced into "emergency" shutdowns or long-term suspensions recently. This includes the Grasberg mine mud rush and a tunnel collapse at El Teniente in Chile.</li> <li>Economic Cycles: During the 2008–2009 Global Financial Crisis and the 2015–2016 commodity price slump, approximately 2.2% and 4.2% of global copper supply, respectively, were taken offline through price-related closures. </li> </ul> To replace these losses in supply, governments around the world are going to be forced to eliminate roadblocks that delay new exploration and development which will favour the junior copper group far more than their senior counterparts. This is one of the main reasons why juniors like Fitzroy Minerals Inc. (FTZ:TSX.V; FTZFF:OTCQB) and <a href="https://www.streetwisereports.com/pub/co/11448?utm_medium=feed" target="_blank" rel="noopener">Green Bridge Metals Corp. (GRBM:CSE; GBMCF:OTC; J48:FWB) </a>are held in the GGMA portfolios with such overweight positioning. The senior miners are too busy with their existing operations to focus on greenfield exploration programs, which is why most, if not all, of the major new copper discoveries are made by the juniors. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202642763201_3.png" alt="" width="624" height="311" /> The largest new copper discovery was made in 2008 of the Kamoa deposit in 2008 by none other than Robert Friedland's Ivanhoe Mines Ltd. (IVN:TSX; IVPAF:OTCQX), with an even higher grade sister deposit (Kakula) being discovered in 2016. Even with these new discoveries, there is a need for hundreds more to meet copper requirements that will only accelerate as we approach the end of the decade. As was the case in Africa in the DNC, there was a civil war going on when the Ivanhoe exploration team was in the field attempting to validate the geological model that had been advanced by Dr. David Broughton (head of exploration for Ivanhoe). Most of the newer, large-scale discoveries are being made in remote parts of the world or in regions that have been deemed "too dangerous" due to the hostility of the locals or the uncertainty of ownership. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202642763222_4.png" alt="" width="624" height="472" /> From a pricing perspective, copper has been in a 25-year bull market with setbacks during the GFC in 2007-2008, the metals' bear market (2011-2015), the COVID Crash (2020), and the period of tight monetary policy (2022-2023), each time recovering to all-time high prices, with the most recent being in January of this year. Even after the start of hostilities in the Middle East, copper had only a very brief drop below the $6.00/lb. level, which it broke for the first time in January, plunging to $5.20 on March 20, only to embark upon a month-long rally, taking it up to and through $6.00 once again. With $90 oil threatening to derail global growth, one might have expected copper to be lucky to have remained above $5/lb. rather than probing its upper regions from eight weeks ago. And yet, here it is sailing along as high as $6.12/lb. before sliding below to end the week @ $6.0285 by Friday's close. The only circumstance that could derail copper is a complete breakdown in global economic growth brought on by the oil shock, but any such event would likely be greeted with stimulative measures by governments the world over, led by the U.S. Fed, resulting in a weak dollar and broadly rising metal prices. It was obvious that the decline in February-March was triggered by fears of global slowdown, but copper shrugged it off and resumed its march northward late last month. As for the mighty Freeport-McMoRan Inc., I added a second tranche last Thursday into the crash at $62.25 with the first tranche purchase at $52.30 back on March 10th. Prior to their guidance last week, I was calling for $80 by summer and $100 by year-end, but with their most productive mine (Grasberg) still not ship-shape, I will be pleased to see $75 by year-end. If and when they get Grasberg back to operational capacity, I can always reassess my target prices. If there is one thing I know about FCX:US, you can never count them out because they are one beast of a company, and they will turn it around in due course. Trading volumes on the TSX Venture Exchange (TSXV) in early 2026 have surged significantly compared to the prior twelve months, reflecting what TMX Group describes as a "historic year" for junior mining and high-tech innovation. The most recent consolidated data shows a massive year-over-year increase in trading activity: Volume and Value Comparisons <ul> <li>March 2026 vs. March 2025:</li> </ul> <ul> <ul> <li>Volume: Traded 5.28 billion shares, an 81% increase over the 2.91 billion shares traded in March 2025.</li> <li>Value: The total value traded reached $5.4 billion, nearly four times (271%) higher than the $1.45 billion recorded in March 2025.</li> <li>Transactions: Total trades grew to 2.51 million, more than tripling the 770,864 transactions from the same period last year.</li> </ul> </ul> <ul> <li>April 2026 Trends:</li> </ul> <ul> <ul> <li>While full April reports typically release at month-end, year-to-date (YTD) statistics through March 31 show that average daily volume for 2026 is 284.4 million shares, a 96.7% increase compared to the 144.6 million average for the first quarter of 2025. </li> </ul> </ul> Key Drivers of Growth <ul> <li>Sector Performance: Mining remains the dominant sector, following a strong performance in March with continued gains in April.</li> <li>Market Confidence: TMX Group reports increased global investor demand for resource security and critical technologies as primary drivers of this growth.</li> <li>Financing Activity: Equity financings on the TSXV also spiked, with March 2026 raising 481% more capital than March 2025 across 161 separate financings.</li> </ul> These are important facts to remember when you are speaking to a CEO or an investor relations representative, and they are telling you that the reason their stock has dropped is because of the downturn in market conditions. Conditions are spectacular for the juniors right now. Gold and silver may be well off their late-January peaks, but even at $4,700 (Au) and $75.00 (Si), those prices make new discoveries worth billions. Companies with proven, economically viable projects should be out there, not telling a "new story" to current investors; they should be busy telling the "old story" to new investors. The best in the business ever was Bob Friedland, who was a perpetual promoter, telling the Diamondfields "story" to whoever had eyes to see and ears to listen. By the time Mother Nature and Lady Luck had blessed him at Voisey's Bay, he pitched his company to Inco Ltd. for US$4.3 billion, making him and a legion of shareholder-investors insanely rich in the process. There was a scene in the 1992 film "Glengarry Glen Ross" where the character played by Alec Baldwin is lecturing a room full of struggling real estate salesmen by teaching them the "ABC" of sales, which is to "Always Be Closing". In the junior resource industry, the secret to maintaining a rising share price is "Always Be Calling" as in "new investors". Marketing a great story is critical to the health of all junior miners and if you are an explorer, it changes to "ABD", as in "Always Be Drilling", because as an old Bay Street promoter once told me while sipping draft beer and puffing on a non-filter Camel cigarette, "When the drills stop turning, the deal starts burning…" Amen to that… <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Green Bridge Metals Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Fitzroy Minerals Inc. and Green Bridge Metals Corp. </li> <li>[PERSON_NAME]: I, or members of my immediate household or family, own securities of: Freeport-McMoRan, Fitzroy Minerals Inc. and Green Bridge Metals Corp. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> Michael Ballanger Disclosures This letter makes no guarantee or warranty on the accuracy or completeness of the data provided. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. This letter represents my views and replicates trades that I am making but nothing more than that. Always consult your registered advisor to assist you with your investments. I accept no liability for any loss arising from the use of the data contained on this letter. Options and junior mining stocks contain a high level of risk that may result in the loss of part or all invested capital and therefore are suitable for experienced and professional investors and traders only. One should be familiar with the risks involved in junior mining and options trading and we recommend consulting a financial adviser if you feel you do not understand the risks involved.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31055"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31055" width="0" height="0"> Mon, 27 Apr 2026 00:00:00 PST Exploration Co. Uncovers High-Grade Gold in Ontario https://www.streetwisereports.com/article/2026/04/27/exploration-co-uncovers-high-grade-gold-in-ontario.html Source: <a href="https://www.streetwisereports.com/article/2026/04/27/exploration-co-uncovers-high-grade-gold-in-ontario.html?utm_medium=feed">Streetwise Reports 04/27/2026</a> Kirkland Lake Discoveries Corp. (KLDC:TSXV; KLKLF:OTC) reports broad 121m gold zone in Ontario with high-grade intervals, awaiting eight more drill results.On April 23, 2026, Kirkland Lake Discoveries Corp. (KLDC:TSXV; KLKLF:OTC) <a href="https://www.stockwatch.com/News/Item/Z-C!KLDC-3810562/C/KLDC" target="_blank" rel="noopener">released assay results</a> for its continuing 2026 drilling program at the Mirado property. The property is a historical producer and is located approximately 20 kilometers southeast of Kirkland Lake, Ontario. Results for KLM26-002 have been announced, with results for an additional eight holes pending. Highlighted findings include: <ul> <li>1.01 grams per tonne gold over 121 meters from 11 m to 132 m, including:</li> <ul> <li>4.61 g/t Au (gold) over 3.2 m from 15.2 m</li> <li>3.63 g/t Au over 12.8 m from 69.7 m</li> </ul> <li>Including 7.41 g/t Au over 4.8 m from 74.2 m</li> <li>75-meter stepout from hole KLM26-001</li> <li>Broad zone of continuous mineralization</li> <li>732-meter hole tests Induced Polarization (IP) anomaly</li> </ul> Leadership within the company is eager to receive further results. CEO Stefan Sklepowicz said in the release, "We are continuing to see broad mineralization within our second hole at the South zone of Mirado. These results reinforce our geological model and show the robust nature of this system. Our team continues to execute this drill program with efficiency and we highly anticipate the results from the remaining eight holes." Further, Executive Chairman, Denis Laviolette, said, "With highly anticipated results still coming, the assay histogram shows the story here. This is an extremely large, prolific system of widespread gold. This is a rarity in the Abitibi, and, with today's metal prices, this presents a compelling reframing of the deposit scale and economic viability of this project." Kirkland Lake Discoveries Corp. is focused on gold exploration in the Abitibi greenstone belt in Ontario, Canada, one of the most prolific mining districts in the world. <h2 style="text-align: center;">Gold Sitting Steady</h2> In an episode of the Sprott Radio podcast on April 23, 2026,<a href="https://blog.gorozen.com/blog/are-we-still-in-the-early-stages-of-the-commodities-cycle?utm_campaign=Weekly%20Blog%20Notification&utm_medium=email&_hsenc=p2ANqtz-873WVytN28xv7m8m7MOj0z-S3PCKMLSarW6UD7hqJAjorW3iDL4QIhquiIgWbyUOMFWhqzIp8RNHjyEf7XVT85uLwztA&_hsmi=415363652&utm_content=415363652&utm_source=hs_email" target="_blank" rel="noopener"> Adam Rozencwajg, CFA and management partner of Goehring & Rozencwajg, called gold's recent rally structural</a>, saying ". . . Central bank demand accelerated following Russia's invasion of Ukraine, while Western investor participation has only recently begun." <a href="https://www.kitco.com/news/article/2026-04-24/spot-gold-session-highs-after-consumer-sentiment-ticks-498-one-year-0" target="_blank" rel="noopener">An early morning article by Ernest Hoffman at Kitco</a> on April 23 reported that, "Gold prices shot to fresh session highs in the wake of the 10 am EST data release, with spot gold last trading at US$4,725.21 per ounce for a gain of 0.69% on the day." On the same day, <a href="https://www.kitco.com/news/article/2026-04-24/gold-price-near-steady-traders-assess-geopolitics" target="_blank" rel="noopener">Jim Wyckoff discussed gold's performance in relation to the current geopolitical climate</a>, noting that trade rates have remained stable despite unrest between the U.S. and Iran. In terms of futures, Wyckoff wrote that, "June gold was last up US$1.60 at US$4,725.00," a very moderate gain. Fears of lasting inflation and high oil prices have kept gold from climbing higher, with <a href="https://www.kitco.com/news/article/2026-04-24/gold-price-near-steady-traders-assess-geopolitics" target="_blank" rel="noopener">Wyckoff reporting</a>, "President Trump ordered the U.S. Navy to shoot any boat putting mines in the Strait of Hormuz, after the military intercepted two oil supertankers that tried to evade restrictions on traffic to and from Iran's ports. The move by Trump, who claimed Iran is laying sea mines in the strait, is part of the White House's attempt to cut off the country's oil exports, squeezing it economically and forcing it to make concessions that will help end the war." Gold continues as a safe-haven asset despite investors' nerves over inflation hikes. <h2 style="text-align: center;">Expert Says Results Are 'Great'</h2> On April 24, Bob Moriarty of 321Gold.com told Streetwise Reports, "Kirkland Lake Discoveries' shares exploded higher a little over a week ago when the company announced a home run on their very first hole. The shares shot higher when KLDC announced hole KLM26-001 with 1.10 g/t gold over 15.1 meters, 5.66 g/t gold over 18.2 meters, and 3.30 g/tau over 18.7 meters." MMoriaty continued, "The second interval reported for hole 001 gave a gram/meter of over 103. Anything over 100 is a great hole. As a result, the shares went from CA$0.195 on April 15 to a high of CA$0.63 on April 23 for a 220% higher move." [OWNERSHIP_CHART-11443] <h2 style="text-align: center;">Drilling to Continue</h2> According to <a href="https://www.stockwatch.com/News/Item/Z-C!KLDC-3810562/C/KLDC" target="_blank" rel="noopener">the press release</a>, the company is moving forward with the remaining drill holes. It said: "Continuing drilling will continue to focus on stepout targeting along strike and at depth while systematically evaluating the downplunge potential of the South zone and testing geophysical targets, including the deep IP anomaly. Additional drilling will prioritize increasing data density to support future resource modeling." Kirkland Lake Discoveries also lists catalysts in its <a href="https://www.kirklandlakediscoveries.com/_files/ugd/a84855_d098e92245c8437286111a8cc699f7c4.pdf" target="_blank" rel="noopener">investor presentation</a>, noting 38 holes pending in the KL West Assays and several pending in the KL South Assays. <h2 style="text-align: center;">Ownership & Share Information1</h2> Kirkland Lake Discoveries Corp. has a market cap of CA$112.33 million, with 113.99 million shares outstanding. The company's 52-week range is CA$0.03-CA$0.63. Management & Insiders own 0.26% of shares, while Strategic Investors own 43.92%. The remaining 55.82% of shares are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31054"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31054" width="0" height="0"> ( Companies Mentioned: KLDC:TSXV;KLKLF:OTC, ) Mon, 27 Apr 2026 00:00:00 PST Okanagan Explorer Next Door To Teck Gets Multi-Year Drilling Permit https://www.streetwisereports.com/article/2026/04/27/okanagan-explorer-next-door-to-teck-gets-multi-year-drilling-permit.html Source: <a href="https://www.streetwisereports.com/article/2026/04/27/okanagan-explorer-next-door-to-teck-gets-multi-year-drilling-permit.html?utm_medium=feed">Stewart Thomson 04/28/2026</a> Technical Analyst Stewart Thomson shares his thoughts on GSP Resource Corp. (GSPR:TSX.V; GSRCF:OTCBB) after the company received a five-year multi-year area-based (MYAB) drilling permit for the Mer property in the Highland Valley copper camp of British Columbia.This week, gold, copper, and silver metals explorer <a href="https://www.streetwisereports.com/pub/co/9912?utm_medium=feed" target="_blank" rel="noopener">GSP Resource Corp. (GSPR:TSX.V; GSRCF:OTCBB)</a> announced it received a five-year multi-year area-based (MYAB) drilling permit for the Mer property in the Highland Valley copper camp of British Columbia. With the approval, the company can move forward with its planned diamond drilling. Does it make the stock a buy on the charts? I will investigate and report on this key matter today. We begin with some technical analysis and an update with maps on the company's current operations and news. <h2 style="text-align: center;">GSP Weekly Chart: Technical Analysis</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642755903_1.png" alt="" width="624" height="731" /> <ol> <li>The action of the weekly chart Stochastics (14,5,5 series) and MACD suggests GSP is poised to surge to resistance at CA$0.27-CA$0.29</li> <li>A move above CA$0.27 appears likely, and that breakout would launch a rally at least as high as previous resistance at CA$0.44 and perhaps CA$0.56</li> <li>The stock is currently pushing up against resistance at CA$0.13, and a breakout appears imminent.</li> </ol> <h2 style="text-align: center;">CDNX Weekly Chart: Technical Analysis</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642755936_2.png" alt="" width="624" height="511" /> <ol> <li>GSP resources is a component of the resource-oriented CDNX index.</li> <li>The CDNX index has a large bull wedge pattern, and within it is a significant inverse H&S pattern.</li> <li>These patterns target a multi-decade bull run to at least the year 2006 highs.</li> <li>Individual stocks like GSP tend to outperform the index during such bull runs.</li> </ol> <h2 style="text-align: center;">The Mer Property, Kamloops</h2> The Mer property comprises 185 hectares in the Kamloops mining division, located approximately 1.5 kilometers northwest (NW) of GSP's Alwin mine project and is surrounded by Teck Resources' Highland Valley copper claim group directly west, and south of the Highland Valley Copper Mine's active operations. The property hosts a copper exploration target zone located NW of the company's Alwin mine high-grade copper-silver-gold target zone. The permit provides for an initial year 1 diamond drilling program, followed by permitting sufficient surface disturbance to support anticipated expansion diamond drilling within the following four years of the permit. The property is well-accessed via existing logging roads that traverse the proposed drilling area. It's an area where prior logging activities and excavator trenching have exposed a zone of copper mineralization at surface. <h2 style="text-align: center;">Alwin-Mer Properties & Highland Copper Camp Update</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642760025_3.png" alt="" width="646" height="479" /> Throughout 2024 and 2025, the company executed multi-phased exploration campaigns, including surface rock and soil sampling, shortwave infrared (VIS-SWIR) hyperspectral TerraSpec analysis, NSAMT (natural-source audio frequency magnetotelluric) geophysical surveys, and diamond drilling. These exploration campaigns identified opportunities to expand existing mineral resources and resulted in the discovery of new potential porphyry and high-grade copper-gold-silver vein targets. With the company targeting copper, it's important to look at the copper price. <h2 style="text-align: center;">Weekly Copper Chart: Technical Analyst Opinion</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642760048_4.png" alt="" width="624" height="565" /> <ol> <li>An inverse H&S pattern is in play, targeting a US$8.00 copper price in the coming years.</li> <li>A breakout from the pattern was followed up with a bull pennant and a breakout from that pattern.</li> <li>From a technical standpoint, the bulls are in total control.</li> </ol> Highlights of the 2024 and 2025 Alwin mine project exploration include: <ol> <li>Discovery of new high-grade gold zone within drill hole AM-24-06 assaying 5.04 grams per tonne gold and 1.01% copper over 7.90 meters, including 22.93 g/t gold and 1.82% copper over 1.64 meters; the results point to the presence of a unique high-grade gold subset of mineralization at Alwin that is not yet well understood.</li> <li>The results of the summer 2025 NSAMT survey identified an untested deep conductive anomaly within the northern portion of the Alwin property; the results could indicate a potential underlying porphyry source for the high-grade copper-gold-silver mineralization at Alwin.</li> </ol> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642760119_5.png" alt="" width="780" height="489" /> <h2 style="text-align: center;">GSP Soil Geochemical Results</h2> In January of this year, GSP received final soil geochemical sample analysis from its fall 2025 Alwin mine and Mer property geologic reconnaissance exploration program. The 2025 Alwin-Mer results released for 204 targeted grid soil geochemical samples form part of the larger 2025 Alwin-Mer geologic reconnaissance exploration program. Surface rock grab sample results released previously highlight the high-grade Apex zone that yielded assays, including 1.85% copper, 348 grams per tonne silver and 2.6 g/t gold; in addition to the Mer zone returning widespread moderate copper values. Alwin-Mer grid soils targeting the Mer, Alwin mine south, and Little OK Lake areas. Highlights of the soil geochemical surveys are as follows: <ul> <li>Soil sampling at Mer targeted an area of historic trenching and about 1970s percussion drilling. Of the 157 soils collected at Mer, a total of 31 samples returned greater than 60 parts per million copper, including eight samples greater than 150 parts per million copper and up to 315 ppm Cu.</li> <li>The soil results define an approximately 175-by-120-meter apparently northwest-trending copper anomaly extending northwest of the focus of historic drilling and trenching.</li> <li>At the Alwin mine, soils targeted near-surface copper drill intercepts occurring at the edge of the Alwin mine pit shell, where 1968 drilling (hole 68-45) returned two meters averaging 4.4% copper, which was followed up by the company within drill hole AM-21-02 located 50 meters to the southeast that returned 1.8 m averaging 3.2% copper.</li> <li>At Alwin mine south, a total of nine samples returned greater than 60 ppm copper, including five samples returning greater than 100 ppm copper and up to 175 ppm copper.</li> </ul> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642760147_6.png" alt="" width="536" height="676" /> <h2 style="text-align: center;">Year 2025 Highlights</h2> Alwin Mine - Mer Project: <ul> <li>January 2025: Reported assay results of the surface diamond drill program at the Alwin Mine project completed in late 2024. Highlights include:</li> <ul> <li>The discovery of a new high-grade gold zone within drill hole AM-24-06 grading 5.04 grams-per-tonne (g/t) gold (Au) and 1.01% copper (Cu) over 7.90 m, including 22.93 g/t Au and 1.82% Cu over 1.64 m; in addition to an upper zone grading 1.22% Cu, 22.5 g/t Ag and 0.64 g/t Au over 2.5 m;</li> <li>Accelerated and completed 100% Acquisition of Alwin Mine property:</li> </ul> </ul> <ul> <ul> <li>The company opted to accelerate the balance of the payments to finalize the acquisition ahead of schedule. Upon fulfilling all necessary requirements, GSP exercised the option and completed the transfer of claims with the vendors to become the sole registered and beneficial holder of the Alwin Project.</li> </ul> </ul> <ul> <li>March 2025: Mer Property - commenced drill permitting of a 5-year multi-year area-based (MYAB) exploration permit.</li> </ul> <ul> <li>June - August 2025: Advanced AMT Geophysical Survey at Alwin Mine Property, identifying a large conductive anomaly.</li> </ul> <ul> <li>September - December 2025: Mobilized and completed geologic reconnaissance exploration program at the combined Alwin-Mer Properties:</li> <ul> <li>Results yielded several new targets, including the high-grade silver-copper Apex target within the Alwin Mine Zone.</li> </ul> <li>Demonstrated Potential New Porphyry Sources of Mineralization Across the Combined Alwin-Mer Properties, with the receipt of surface rock sample visible and short wave infra-red (VIS-SWIR) hyperspectral TerraSpec® analysis:</li> <ul> <li>The VIS-SWIR hyperspectral data returned reveal important spatial patterns that provide strong evidence of potential porphyry copper mineralization vectors.</li> </ul> </ul> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642760406_7.png" alt="" width="716" height="496" /> <h2 style="text-align: center;">Weekly Gold Chart: Technical Analyst Opinion</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642760427_8.png" alt="" width="624" height="538" /> <ol> <li>Gold is consolidating its two-year rally of 2024-2025 and is incredibly well supported in the US$4,400-US$3,500 zone. This makes companies producing and exploring for gold attractive to metals-oriented money managers.</li> <li>The key 14,5,5 Stochastics oscillator is in a buy zone and hooking up sharply. This suggests a major rally could be imminent, which means a rally in most metals stocks would be imminent too.</li> </ol> <h2 style="text-align: center;">GSP Resources Shares Outstanding</h2> <ul> <li> 48.37million</li> </ul> <h2 style="text-align: center;">Significant Shareholders</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642760457_9.png" alt="" width="468" height="400" /> Stock price at time of writing (April 25, 2026): Approx. CA$0.14 Short-Term Technical Price Target: CA$0.27 Medium-Term Technical Price Target: CA$0.44 Long-Term Technical Price Target: CA$0.56 Technical Rating: Strong Speculative Buy Investors and analysts can access recent news releases <a href="https://www.stockwatch.com/Quote/Detail?C:GSPR" target="_blank" rel="noopener">here</a>. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li> <div class="x_elementToProof">For this article, GSP Resource Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$2,500.</div> </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of GSP Resource Corp. </li> <li>Author Certification and Compensation: Stewart Thomson was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Thomson is a retired Canadian financial advisor who has passed the Canadian Securities Course as well as additional technical analysis courses that were mandated by his former employer and approved by Ontario regulatory bodies. For the past 15 years, he has been editing and writing numerous financial newsletters that have a strong focus on charts. The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services, or securities of any company.</li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31053"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31053" width="0" height="0"> ( Companies Mentioned: GSPR:TSX.V; GSRCF:OTCBB, ) Tue, 28 Apr 2026 00:00:00 PST 2.8 KM Outcropping Zone Remains Open For Gold Expansion as Fully Funded 50,000m Drill Program Nears Launch https://www.streetwisereports.com/article/2026/04/27/2-8-km-outcropping-zone-remains-open-for-gold-expansion-as-fully-funded-50-000m-drill-program-nears-launch.html Source: <a href="https://www.streetwisereports.com/article/2026/04/27/2-8-km-outcropping-zone-remains-open-for-gold-expansion-as-fully-funded-50-000m-drill-program-nears-launch.html?utm_medium=feed">Streetwise Reports 04/27/2026</a> Goliath Resources Ltd. (GOT:TSX.V; GOTRF:OTCQX; B4IF:FSE) outlined expansion potential at its Bonanza Zone within the Surebet Discovery ahead of a fully funded 2026 drill program.<a href="https://www.streetwisereports.com/pub/co/9595?utm_medium=feed" target="_blank" rel="noopener">Goliath Resources Ltd. (GOT:TSX.V; GOTRF:OTCQX; B4IF:FSE)</a> outlined details <a href="https://www.youtube.com/watch?v=l-Z-he84SXI" target="_blank" rel="noopener">related to the Bonanza Zone at its Surebet Discovery, including its current extent and plans for expansion of all mineralized gold lodes during the company's 2026 exploration program</a> encompassing the vast majority of meters this year. The Bonanza Zone has a strike length of 2.8 km mapped at surface and remains open. According to the company, drilling to date has confirmed a mineralized strike of 1.8 km running northwest to southeast and 1.1 km running northeast to southwest. The zone contains five lodes up to 19 meters thick, with a combined lode thickness of up to 27 meters and grades reported up to 13.53 grams per ton gold equivalent over 11 meters. The company stated that the sediment volcanic contact has been mapped in outcrop on both sides of the mountain and remains open. This contact could potentially expand the Bonanza Zone by 1.3 km to the northeast and 600 meters to the southwest. The Bonanza Zone is part of a broader mineralized system that remains open. <a href="https://www.youtube.com/watch?v=l-Z-he84SXI" target="_blank" rel="noopener">Goliath also confirmed that its 2026 drill program is fully funded and designed to expand known mineralization at the Bonanza Zone</a> as well as other gold-rich zones at the Surebet Discovery. The company indicated that mobilization for the 2026 program is expected within weeks. The planned program is approximately 50,000 meters of drilling and the vast majority of holes are focused on expansion. <a href="https://goliathresourcesltd.com/wp-content/uploads/2026/04/Golddigger-Property-April-20-2026.pdf" target="_blank" rel="noopener">Additional details from Goliath's investor presentation</a> dated April 20, 2026, describe the Surebet Discovery as containing more than 150,000 meters of diamond drilling across more than 1,500 pierce points, with a reported 100% hit rate between 2021 and 2025. The mineralized area has been confirmed over 1.8 square kilometers and includes multiple stacked high-grade gold veins extending over 1.2 km. <h2 style="text-align: center;" data-start="238" data-end="308">Gold Sector Supported by Central Bank Demand and Tightening Supply</h2> The gold sector experienced volatility in early 2026, with price movements influenced by macroeconomic conditions, geopolitical developments, and shifting investor behavior. <a href="https://stockhead.com.au/resources/canadas-gold-sector-fires-up-amidst-ma-and-frontier-potential/?utm_source=feedotter&utm_medium=email&utm_campaign=FO-04-23-2026&utm_content=httpsstockheadcomauresourcescanadasgoldsectorfiresupamidstmaandfrontierpotential&utm_medium=email&utm_campaign=CB%20NL%20Apr%2023&utm_content=CB%20NL%20Apr%2023+CID_3f66746ff0fb68379ec369a5f1371d46&utm_source=Campaign%20Monitor&utm_term=Canadas%20gold%20sector%20fires%20up%20amidst%20MA%20and%20frontier%20potential" target="_blank" rel="noopener">According to an April 22 report, gold declined more than 10% during March</a>, with moves tied in part to periods of liquidity-driven selling amid rising oil prices and a stronger US dollar. The report noted that "gold has largely defied traditional safe-haven expectations," as price movements did not consistently follow historical patterns during geopolitical stress. Despite short-term fluctuations, underlying demand trends remained a central factor. The report highlighted continued central bank activity, noting that gold has increasingly been used as a hedge against rising global debt and currency risks. Central banks have significantly increased gold reserves in recent years, with the report stating, "Simply put: Treasuries come with strings attached. Gold does not." Supply conditions also remained a key element shaping the market. The April 22 analysis indicated that mined gold production has not kept pace with demand, contributing to a structural deficit supported by consumer demand and central bank purchases. It added that total gold demand has exceeded mine production, requiring additional supply from recycling. The report further noted that global mined production has largely plateaued over several years, while remaining reserves are limited, contributing to tightening supply conditions. Market activity on April 22 reflected continued sensitivity to broader developments. FactSet reported that "gold held onto gains with the market digesting the latest Q1 earnings and US-Iran headlines," indicating ongoing responsiveness to both economic data and geopolitical factors. From a technical perspective, commentary from Chen Lin on April 22 indicated that gold encountered resistance levels in recent trading. He wrote that "gold tried to break 4800... [and] was pushed back," while also noting that longer-term charts suggested consolidation. He added, "I am still focusing on gold... miners and believe they are very undervalued at the current prices," pointing to continued attention on the mining segment within the broader sector. <div class="" data-turn-id-container="request-WEB:0dbd4c98-7976-4a26-841e-fa84721886b2-34" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:0dbd4c98-7976-4a26-841e-fa84721886b2-34" data-testid="conversation-turn-12" data-scroll-anchor="false" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn"> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="8f658190-061c-41c7-82cc-635595ce02aa" data-message-model-slug="gpt-5-3" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling"> <h2 style="text-align: center;" data-start="0" data-end="122">Technical Analyst Outlines Speculative Buy Rating and Ongoing Expansion at Gold Discovery</h2> 1<a href="https://www.streetwisereports.com/article/2026/02/24/from-discovery-to-expansion-a-golden-triangle-gold-system-takes-shape.html?utm_medium=feed" target="_blank" rel="noopener">According to a February 24 report from John Newell of John Newell & Associates, Goliath Resources Ltd. was described as a "Speculative Buy."</a> In that report, Newell wrote that the company "has changed that narrative, completing more than 150,000 meters of drilling with a reported 100% hit rate for mineralization and continuing to expand the system in multiple directions." Newell also addressed the company's project scale and geological development, stating that "early skepticism around the geology has given way to a growing recognition of the scale, continuity, and structural complexity of the Surebet discovery, particularly following the company's 2025 and early-2026 drill results." Regarding exploration progress, the February 24, 2026, report noted that the company was "fully funded for its 2026 exploration campaign and continues to prioritize expansion of known zones while vectoring toward potential higher-grade feeder corridors within the broader system." The analysis further described the nature of the mineralized system, with Newell writing that the Surebet discovery is "a large, high-grade gold system with vertical and lateral continuity," and that "the continuity of mineralization is supported by the fact that an overwhelming majority of holes drilled to date contain visible gold to the naked eye." As for a target price, the report stated, "Upside objectives focus first on the area near CA$4.10, followed by a larger measured target around CA$8.25. On a longer-term basis, the structure supports a big-picture objective near CA$11.50 should the market move from early recognition toward full valuation of the discovery." On valuation, Newell added, "We view Goliath Resources Limited as a Speculative Buy . . . for investors who understand exploration risk and seek leverage to growing gold systems and a rising gold price." </div> </div> </div> </div> </div> </div> </section> </div> <h2 style="text-align: center;" data-start="1739" data-end="1794">2026 Drill Program and Bonanza Zone Expansion Plans</h2> <a href="https://goliathresourcesltd.com/wp-content/uploads/2026/04/Golddigger-Property-April-20-2026.pdf" target="_blank" rel="noopener">The company stated that planning for the 2026 drill program is near completion</a>, with mobilization expected shortly for a fully funded program totaling approximately 50,000 meters of drilling. The program is focused on expanding the 46 mineralized veins identified at the Surebet Discovery. The Bonanza Zone has been identified as a key area for potential expansion within the 2026 program. The zone has 2.8 km of strike mapped at surface and remains open. Drilling has confirmed mineralization along 1.8 km in a northwest to southeast direction and 1.1 km in a northeast to southwest direction. The zone includes five lodes with individual thicknesses of up to 19 meters and a combined thickness of up to 27 meters. The sediment volcanic contact associated with the Bonanza Zone has been mapped in outcrop on both sides of the mountain and remains open. This contact could extend the zone by an additional 1.3 km to the northeast and 600 meters to the southwest. [OWNERSHIP_CHART-9595] The 2026 drill program is designed to expand known mineralization at the Bonanza Zone and across other gold-rich zones at the Surebet Discovery. The company stated that the program is also focused on building a resource and vectoring toward the source of the high-grade gold system. <h2 style="text-align: center;">Ownership and Share Structure2</h2> Management and insiders owned 20% of the company on a partially diluted basis, while strategic and institutional investors collectively held 35.0%, including Crescat Capital, a Global Commodity Group (Singapore), McEwen Inc. (MUX:TSX; MUX:NYSE ), Waratah Capital Advisors, Deutsche Bank AG, US Global Investors Inc., Rob McEwen, Eric Sprott, and Larry Childress. The remaining shares were held by other institutional funds and retail investors. Goliath has 173 million shares issued and outstanding with a market capitalization of CA$280 million, or approximately US$203 million, and a 52-week trading range of CA$1.47 to CA$3.54. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> <div class="pointer-events-none -mt-px h-px translate-y-[calc(var(--scroll-root-safe-area-inset-bottom)-14*var(--spacing))]" aria-hidden="true"> </div>Important Disclosures:<ol> <li>Goliath Resources is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of McEwen Inc.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Disclosure for the quote from the John Newell article published on February 24, 2026 <ol start="1" type="1"> <li>For the quoted article (published on February 24, 2026),Goliath Resources has paid Street Smart, an affiliate of Streetwise Reports, US$3,350</li> <li>Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31052"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31052" width="0" height="0"> ( Companies Mentioned: GOT:TSX.V; GOTRF:OTCQX; B4IF:FSE, ) Mon, 27 Apr 2026 00:00:00 PST Massive Silver Resource Just Got Bigger With Higher Grades and a New Indicated Core https://www.streetwisereports.com/article/2026/04/27/massive-silver-resource-just-got-bigger-with-higher-grades-and-a-new-indicated-core.html Source: <a href="https://www.streetwisereports.com/article/2026/04/27/massive-silver-resource-just-got-bigger-with-higher-grades-and-a-new-indicated-core.html?utm_medium=feed">Streetwise Reports 04/27/2026</a> Eloro Resources Ltd. (ELO:TSX; ELRRF:OTCQX; P2QM:FSE) reported a significantly expanded mineral resource estimate at its Iska Iska project, including a maiden indicated resource and notable grade increases.<a href="https://www.streetwisereports.com/pub/co/440?utm_medium=feed" target="_blank" rel="noopener">Eloro Resources Ltd. (ELO:TSX; ELRRF:OTCQX; P2QM:FSE)</a> reported<a href="https://elororesources.com/news-and-media/news/eloro-resources-reports-substantial-resource-growt-293755/" target="_blank" rel="noopener"> an updated mineral resource estimate for its Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia, with an effective date of April 2, 2026</a>. The estimate was prepared by independent qualified persons from Micon International Limited in accordance with National Instrument 43-101 standards. The updated estimate outlines an initial Indicated mineral resource of 85.17 million tonnes grading 40 g/t silver, containing 109.53 million ounces of silver, along with 1.03 million tonnes of zinc grading 1.21% and 0.60 million tonnes of lead grading 0.71%. The estimate also includes an Inferred mineral resource of 945.43 million tonnes grading 8.5 g/t silver, containing 248.60 million ounces of silver, 4.72 million tonnes of zinc grading 0.47%, 1.50 million tonnes of lead grading 0.16%, 290,000 tonnes of tin grading 0.03%, and 1.21 million ounces of gold grading 0.04 g/t. The company reported that total inferred tonnage increased 41% compared to the 670 million tonnes reported in the 2023 initial estimate. Silver grades increased 65% from 24.3 g/t in the near-surface inferred resource category in 2023 to 40 g/t in the indicated category in the updated 2026 estimate, reflecting the impact of a completed 14,085-meter, 27-hole definition diamond drill program. The inferred resource is distributed across multiple domains, including 61.92 million tonnes in a silver-dominant domain grading 27 g/t silver, 116.03 million tonnes in a zinc-dominant domain grading 1.16% zinc, and 31.01 million tonnes in a tin-dominant domain grading 0.20% tin. Additional polymetallic domains include 13.84 million tonnes grading 15 g/t silver with moderate base metal content and 722.63 million tonnes grading 7 g/t silver with lower base metal grades. <a href="https://elororesources.com/news-and-media/news/eloro-resources-reports-substantial-resource-growt-293755/" target="_blank" rel="noopener">Metallurgical testing improved overall tin recovery into a 5% tin concentrate from 50.7% in 2023 to 58.9% in the updated estimate</a>. The mineral resource is based on a three-dimensional block model using inverse distance cubed estimation and is constrained within an optimized open pit shell using the Lerch Grossman method. The estimate uses long-term metal prices including US$40 per ounce silver, US$1.35 per pound zinc, US$1.00 per pound lead, US$15.87 per pound tin, and US$3,000 per ounce gold. The company stated that the mineral resource estimate considers only a surface mining scenario and that mineral resources do not have demonstrated economic viability. <div class="" data-turn-id-container="request-WEB:c0e41926-8c08-480f-9821-e6b8695c1340-15" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:c0e41926-8c08-480f-9821-e6b8695c1340-15" data-testid="conversation-turn-14" data-scroll-anchor="false" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn"> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="811db4a6-81e2-4de1-aec5-c3aebf4f431a" data-message-model-slug="gpt-5-3" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling"> <h2 style="text-align: center;" data-start="0" data-end="109">Silver Sector Supported by Strong Industrial Demand and Ongoing Supply Deficits Despite Market Volatility</h2> </div> </div> </div> </div> </div> </div> </section> </div> According to an April 22 FactSet note, "base metals extended gains intraday," while "silver and gold held onto gains with the market digesting the latest Q1 earnings and US-Iran headlines," indicating that precious metals were trading in response to broader macro developments and geopolitical news flow. <a href="https://www.fxempire.com/forecasts/article/silver-xag-forecast-silver-market-faces-pressure-from-rates-and-inflation-risks-1593761" target="_blank" rel="noopener">A broader industry analysis published April 24 by James Hyerczyk described a more challenging near-term backdrop</a>, stating that "strong dollar and yields limit silver rally and pressure the broader silver market." He explained that "silver pays nothing. When yields stay elevated, the competition for capital is real and silver loses that fight," highlighting the impact of rising US Treasury yields and a stronger US dollar on non-yielding assets. That same analysis noted that multiple macro drivers were influencing price action simultaneously, stating that "dollar up, yields up, oil up. That's three headwinds hitting Spot Silver at the same time," which contributed to choppy trading conditions and limited upside momentum. <a href="https://aheadoftheherd.com/gold-silver-and-copper-market-updates-were-bullish-richard-mills/" target="_blank" rel="noopener">Industry commentary from Rich Mills dated April 25 pointed to underlying supply-demand dynamics that continued to shape the sector</a>. The report stated that "there is a significant, ongoing structural shortage of physical silver in 2026, marking six consecutive years of deficits where industrial and investment demand outweighs supply," and added that "record demand from industrial sectors, particularly solar panels, electronics and electric vehicles, is outpacing flat mine supply." The same April 25 analysis further emphasized tightening inventories, noting that "major inventories in London, New York, and Shanghai" had been "experiencing rapid depletion," while "nearly a billion ounces" had been removed from visible stocks since 2021. It also highlighted structural production constraints, stating that "70 to 75% of silver is produced as a byproduct of lead, zinc, and copper mining, meaning miners can't easily increase silver production in response to higher prices." On the demand side, the report cited continued strength in key end markets, stating that "China's silver imports hit an all-time high in March, fueled by demand from retail investors and the solar industry," with 836 tons imported during the month compared to a significantly lower historical average. <h2 style="text-align: center;" data-start="0" data-end="83">Analysts Cite Resource Growth, Grade Improvements, and Ongoing Development Work</h2> 1<a href="https://www.streetwisereports.com/article/2026/03/02/a-silver-tin-system-advances-in-a-structural-silver-deficit.html?utm_medium=feed" target="_blank" rel="noopener">In a March 2 technical commentary, John Newell of John Newell & Associates stated that "Eloro Resources Ltd. continues to advance one of the largest undeveloped silver–tin polymetallic systems globally at its Iska Iska Project in southern Bolivia."</a> He wrote that "what began as a high-grade discovery story has evolved into a world-scale resource supported by metallurgical validation, development planning, and multiple catalysts lined up for 2026." On target, Newell stated, "The first major upside objective at CA$2.50 has been met and exceeded. Price advanced toward the CA$3.30 - CA$3.40 0 area before entering a constructive consolidation phase. The broader chart structure now shows higher lows establishing a rising trendline, supported by increasing volume during advances...A breakout above the CA$3.50 resistance zone would represent the next technical confirmation and could open the door toward the third target near CA$5.60, corresponding to prior structural resistance on the long-term chart. On a broader timeframe, the "same way down, same way up" fractal symmetry suggests potential toward a larger cycle move, with a big-picture target near CA$8.25 should silver remain strong and development catalysts unfold as anticipated. Newell also stated that "the scale of Iska Iska defines the investment thesis," describing the system as containing "approximately 560 million tonnes grading 13.8 g/t silver, 0.73% zinc, and 0.28% lead," with "the separate tin domain" adding additional tonnage and metal content. He further noted that "a substantial portion of this mineralization occurs near surface, offering optionality for staged development strategies and potential early production pathways," and concluded that "Eloro Resources Ltd. is considered a Speculative Buy at current prices of CA$2.70." <a href="https://www.streetwisereports.com/article/2026/04/24/co-in-bolivia-doubles-tin-resource-and-adds-high-grade-indicated-core-at-iska-iska.html?utm_medium=feed" target="_blank" rel="noopener">According to an April 23 report from Red Cloud Securities</a>, analyst Ron Stewart described the updated mineral resource estimate at Iska Iska as "a positive update that has resulted in a 54% increase in total mineralized tonnage." He also stated that "the higher confidence indicated resource exhibits a 65% higher grade compared to the high-grade portion of the 2023 MRE," adding that "the high-grade core should dispel concerns about the potential quality of the deposit while its size, geometry, and continuity remain key defining attributes." In the same report, Stewart wrote that "the tin content has more than doubled to 290kt, strengthening Iska Iska's position as one of the top 10 tin deposits in the world," and noted that "recent metallurgical test work has improved tin's recovery to 59%." He also stated that "a combination of dense media separation (DMS) and X-Ray Transmission (XRT) ore feed shows that over half (53.4%) of the tonnage can be eliminated while recovering 91.9% of the silver and lead and 76% of the zinc into the process feed." Stewart added that "ELO currently trades at an EV/oz AgEq of US$0.18/oz," and stated that "we maintain our Buy rating and target of CA$5.50/sh." <h2 style="text-align: center;" data-start="2502" data-end="2551">2026 Work Programs and Development Milestones</h2> <a href="https://elororesources.com/site/assets/files/6783/eloro_corporate_deck_april_2026.pdf" target="_blank" rel="noopener">According to the company's April 2026 investor presentation,</a> the company identified several work streams and milestones for 2026 related to the Iska Iska project. These include the completion of the updated mineral resource estimate, the advancement of a preliminary economic assessment, and continued drilling activities targeting expansion and definition of mineralized zones. The presentation indicates that drilling programs remain ongoing, with a focus on expanding higher-grade zones and upgrading resource categories. Continued definition drilling is being conducted to refine resource classification, with increased drill density associated with improved grade delineation in both silver and tin domains. Exploration efforts are also targeting specific mineralized areas, including tin-rich zones greater than 0.3% tin, as part of ongoing drilling campaigns. The project remains open along strike, across strike, and at depth, with multiple areas within the caldera identified as not yet drilled. [OWNERSHIP_CHART-440] The project timeline outlined in the presentation includes additional planned activities in 2026, including further drilling results and work related to the preliminary economic assessment, as well as the completion of full property acquisition. <h2 style="text-align: center;">Ownership and Share Structure2</h2> About 17% of Eloro Resources Ltd. is owned by insiders, approximately 28% by institutions, and around 2% by strategic investor Cartier Silver. The remainder is held by retail investors. Top shareholders include Crescat Capital LLC with 15.78% and CEO Larsen with 6.89%. Its market cap is CA$316.54 million with 119 million shares issued and outstanding. It trades in a 52-week range of CA$0.77 to CA$3.42. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Eloro Resources is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Eloro Resources</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Disclosure for the quote from the John Newell article published on March 2, 2026 <ol start="1" type="1"> <li>For the quoted article (published on March 2, 2026), Eloro Resources has paid Street Smart, an affiliate of Streetwise Reports, US$3,550.</li> <li>Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31050"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31050" width="0" height="0"> ( Companies Mentioned: ELO:TSX; ELRRF:OTCQX; P2QM:FSE, ) Mon, 27 Apr 2026 00:00:00 PST Arizona Gold-Silver Explorer With Better Than Expected Drill Results: Technical Analyst Issues Buy Alert https://www.streetwisereports.com/article/2026/04/24/arizona-gold-silver-explorer-with-better-than-expected-drill-results-technical-analyst-issues-buy-alert.html Source: <a href="https://www.streetwisereports.com/article/2026/04/24/arizona-gold-silver-explorer-with-better-than-expected-drill-results-technical-analyst-issues-buy-alert.html?utm_medium=feed">Stewart Thomson 04/27/2026</a> Technical Analyst Stewart Thomson shares his thoughts on Aztec Minerals Corp. (AZT:TSX.V; AZZTF:OTCQB) after recently announced drill results that expand its oxide gold-silver zone.With copper, gold, and silver all well-supported on long-term charts, <a href="https://www.streetwisereports.com/pub/co/9156?utm_medium=feed" target="_blank" rel="noopener">Aztec Minerals Corp. (AZT:TSX.V; AZZTF:OTCQB)</a> announced drill results that expand its oxide gold-silver zone: <ul> <li>Intersecting 0.62 GPT AU and 24.8 GPT AG Over 107.9m in the Westside Area and 0.48 GPT AU and 12.6 GPT AG Over 112.5m at the Contention Area</li> </ul> The main target of the current drilling is to continue testing the shallow, bulk-tonnage, potentially heap-leachable, mesothermal gold-silver oxide mineralization adjacent and below the previously mined Contention pit by step-out drilling. Future drilling is expected to focus on follow-up on the current program's results. It is anticipated that possible targeting could include strike and dip extensions of the shallow oxide mineralization and move along those trends deeper into the sulphide zone, as historically, there was significant production to 300 m depth. <h2 style="text-align: center;">Gold Chart: Technical Analyst Opinion</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026424132448_1.png" alt="" width="624" height="538" /> After a multi-year bull run, gold is establishing floors of support, which can be attractive to institutional investors who like stability and firm prices. Higher gold prices that are well-supported will be a factor in how the Tombstone project plays out. <h2 style="text-align: center;">Silver Chart: Technical Analyst Opinion</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026424132507_2.png" alt="" width="624" height="322" /> A floor of US$50-US$70 for silver will also be beneficial to companies like Aztec, and this chart suggests that the floor is likely coming into play right now. <h2 style="text-align: center;">Junior Miners & Metals Prices</h2> A big issue for the juniors is the price of the metals they mine. They can lower costs, but they can't control the price of the metals. They either suffer or gain from it. The current floors for gold and silver can give confidence to institutional money managers, and from here it's up to the individual miners to show those money managers that their projects are worthy of institutional consideration. <h2 style="text-align: center;">Drill Results at the Tombstone Project</h2> (2025-2026 RC And Core Drill Program) The RC drilling program is targeting shallow zones associated with surface exploration and 3D geological modeling, prospective for wide oxide gold-silver mineralization, and drilling pre-collars for the deeper CRD targets. The drill program has completed 40 RC and RC precollar drill holes in 2025 and 18 RC and one RC precollar drill hole since the start of 2026, focusing on testing both the Contention Main and Southern Extension areas as step-out targets and Westside Area first pass targets, with results from the first 14 RC holes now announced. Initial assay results continue to validate the oxide gold-silver geological setting as outlined in Aztec's geological exploration model. Six core holes (TC25-01, 02, 03, 04, and TC26-01,02) have been attempted, and another (TC26-03) is currently being advanced (167.4 m), testing the central Contention target. Primary Drill Program Objectives The primary objectives of the 2025-26 drilling program were to expand the known mineralization horizontally to the west, north and south, and down dip beyond the holes drilled by Aztec in 2020-24 at the Contention Pit with step outs to enlarge the shallow, broad, bulk tonnage gold-silver mineralization discovered there; test by core drilling the initial deep CRD targets and also, to explore with first pass drilling new targets identified in the Westside area. <ul> <li>Step-Out Drilling Continues to Expand the Contention and Westside zones of Oxide Au/Ag Mineralization</li> <li>Drill holes TR26-1, 2, 8, 9, 13, and 14 encountered multiple mineralized zones expanding the Westside Anticline and Center target areas, including an intersection of 107.9m averaging 0.62 gpt Au and 24.8 gpt Ag</li> <li>Drill holes TR26-3, 4, 5, 6, 7, 11, and 12 expand the Contention Main target area to the west and depth, with multiple mineralized zones including an intersection of 112.5m averaging 0.48 gpt Au and 12.6 g/t Ag</li> <li>59 RC holes including five pre-collars, have now been drilled in the 2025-2026 drill program, with nine drill holes pending final analysis as the drilling campaign continues</li> </ul> Downhole Geophysical Survey of Core Holes As of March 10, Aztec Minerals Corp.'s Tombstone property joint venture management committee has met recently and approved a further expansion of the continuing drill program by 4,500 meters of additional reverse circulation (RC) drilling. The expanded drilling program, which commenced in June, 2025, is now expected to total approximately 17,000 m of combined core and RC drilling (14,200 m RC and 2,800 m core). The additional approved drilling budget totals CA$1.7 million and is expected to be directed toward targets in the Westside, Hard-up, Ingersoll, East Contention, Southeast Contention, Central Contention, and North Contention areas. The focus of this additional shallow RC drilling program is to target oxide gold-silver mineralization. The company also announces the commencement of downhole electromagnetic (EM) surveys of three core holes at the property, including the recently completed TC25-3 hole in the northern portion of the property, TC25-4, which targeted the southeastern NSAMT (natural-source audio-frequency magnetotelluric) target, and TC26-2, which is currently being drilled in the southwestern NSAMT target. Aztec contracted Zonge International to conduct the survey over the month of March, 2026. <h2 style="text-align: center;">The Aztec Daily Chart: Technical Analyst Opinion</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026424132543_3.png" alt="" width="624" height="662" /> The US$0.0.15 zone is functioning as strong support, and Stochastics is leading MACD, which is typical in a trending move. A breakout over the US$0.23 resistance zone seems imminent and would target the US$0.33 area highs. <h2 style="text-align: center;">Review of 2025 and Outlook for 2026</h2> Cervantes Project 2025 Highlights: <ul> <li>Conducted a surface exploration program in preparation for potential future drilling that produced strong results.</li> <li>Drilling in the 2022-2023 programs intercepted strong mineralization at the California Zone, California Norte, and Jasper targets.</li> <li>The California Zone of near-surface, oxide gold mineralization was successfully expanded in every direction and to depth, and is approaching the adjacent California Norte mineralized target.</li> <li>California Zone Drill Highlights Include:</li> <li>137m @ 1.49 gpT Au incl 51.7m @ 3.42 gpT Au in CAL22-005</li> <li>165m @ 1.00 gpT Au incl 24.4m @ 4.25 gpT Au in CAL22-004</li> <li>152m @ 0.87 gpT Au, incl 33.5m @ 2.05 gpT Au in CAL22-012</li> <li>First drill campaign seven years ago successfully and partially outlined an oxide gold cap to a significant new porphyry gold (copper) discovery at the California zone with drill intercepts up to 160 meters long grading 0.77 gpt gold (hole 18CER010).</li> <li>Continue surface exploration of the Cervantes project during the first half of 2026 in preparation for potential continued step-out and exploration drilling.</li> </ul> Tombstone Project 2025 Highlights: <ul> <li>Reported the highest grade silver intersected at the Property by Aztec to date:</li> <li>High-grade Silver Intersection of 7,269 gpt AgEq (233.7 opt AgEq – 3,669 gpt Ag, 44.7 gpt Au) over 1.52 m, within a zone of 569 gpt AgEq (18.3 opt AgEq – 290 gpt Ag, 3.48 gpt Au) over 25.8 m.</li> <li>The intercept was in TR24-16 in the South Extension of the Contention pit and intersected multiple zones of oxide Ag-Au mineralization, including 106.4m of 147.9 gpt AgEq (1.85 gpt AuEq – 0.90 gpt Au and 76.2 gpt Ag).</li> <li>The TR24-16 high-grade intercept is located along the general Contention Pit trend 439 m SSW from the prior high-grade intercept in TC23-01 (3,477 gpt silver and 0.12 gpt gold (3,485.1 gpt AgEq) over 1.52.</li> <li>Discovered high-grade mineralization in the first pass drilling of the Westside Target Area:</li> <li>Drillhole TR24-13 intersected 24.4m of 106.24 gpt AgEq within a broader zone of 85.4m averaging 47.31 gpt AgEq at shallow depth.</li> <li>The first pass test of the Westside Target Area confirmed significant silver-gold oxide mineralization intersections for the geologically diverse, modeled targets.</li> <li>The Westside Target Area demonstrates potential for shallow silver-gold oxide mineralization like that of the adjacent Contention Target Area.</li> <li>Expanded Property Land Position by 46.7%:</li> <li>Staked 31 new unpatented lode mining claims totaling 211 hectares (522 acres), increasing the overall Tombstone Project JV land package by 46.7% from 452 hectares to 663 hectares (1,639 acres).</li> <li>Commenced 5,000-meter RC and Core drilling program, subsequently increased to a minimum of 8,500 meters. </li> <li>Aztec reported strong initial results and expanded and extended into 2026, including the first core drilling of CRD-style targets below the oxide silver-gold target area:</li> <li>Drillhole TR25-03 intersected 6 .08m of 456.6 gpt AgEq within a broader zone of 50.3m averaging 89.7 gpt AgEq at shallow depth.</li> <li>Drillhole TC25-02, which intersected 62.5m at 40.7 gpt AgEq (19.4 gpt Ag and 0.24 gpt Au).</li> <li>Drillhole TR25-06 intersected 3 .04m of 2149.5 gpt AgEq within a broader zone of 28.9m averaging 250.2 gpt AgEq at shallow depth.</li> <li>Drillhole TR25-05 intersected 4.6m of 590 gpt AgEq within a broader zone of 47.1m of 0.55 gpt Au and 3 6.4 gpt Ag (85.5 gpt AgEq) at shallow depth. </li> </ul> <ul> <li>Drilled Highest Grade Gold Intersection to-date by Aztec:</li> <li>Drillhole TR25-17 intersected a broad zone of 36.5m averaging 8.14 gpt Au and 49.67 gpt Ag from 9.1 m depth, including 4.6m averaging 58.5 gpt Au and 158.0 gpt Ag from 16.7m depth at a previously untested area of the northern portion of the Contention Target.</li> </ul> <h2 style="text-align: center;">Shares Outstanding</h2> 188.88million <h2 style="text-align: center;">Significant Shareholders</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026424132618_4.png" alt="" width="525" height="442" /> <h2 style="text-align: center;">The Aztec Weekly Chart: Technical Analyst Opinion</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026424132635_5.png" alt="" width="624" height="662" /> On the weekly chart, a gentle up channel has been established. Volume is bullish, rising on rallies in the price, and fading on dips. MACD histograms are rising, and Stochastics is flashing a buy signal in the oversold zone. Stock price at time of writing (April 24, 2026): Approx. US$0.2065 Short-Term Technical Price Target: US$0.33 Long-Term Technical Price Target: US$0.50 Technical Rating: Strong Speculative Buy Recent news releases can be viewed <a href="https://www.stockwatch.com/Quote/Detail?C:AZT" target="_blank" rel="noopener">here</a>. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li> <div class="x_elementToProof">For this article, Aztec Minerals Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$2,500.</div> </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Aztec Minerals Corp. </li> <li>Author Certification and Compensation: Stewart Thomson was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Thomson is a retired Canadian financial advisor who has passed the Canadian Securities Course as well as additional technical analysis courses that were mandated by his former employer and approved by Ontario regulatory bodies. For the past 15 years, he has been editing and writing numerous financial newsletters that have a strong focus on charts. The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services, or securities of any company.</li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31049"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31049" width="0" height="0"> ( Companies Mentioned: AZT:TSX.V; AZZTF:OTCQB, ) Mon, 27 Apr 2026 00:00:00 PST Mining Company Advances Massive 500,000oz Production Target at Ana Paula https://www.streetwisereports.com/article/2026/04/24/mining-company-advances-massive-500-000oz-production-target-at-ana-paula.html Source: <a href="https://www.streetwisereports.com/article/2026/04/24/mining-company-advances-massive-500-000oz-production-target-at-ana-paula.html?utm_medium=feed">Streetwise Reports 04/27/2026</a> Heliostar Metals Ltd. (HSTR:TSX.V; HSTXF:OTC; RGG1:FRA) shares results from drilling at the Ana Paula project in Mexico. Read why experts like the results they're seeing.Heliostar Metals Ltd. (HSTR:TSX.V; HSTXF:OTC; RGG1:FRA) shared new results from its ongoing drilling program at the Ana Paula project in Guerrero, Mexico, <a href="https://www.heliostarmetals.com/news-media/news-releases/heliostar-drills-69-metres-grading-10-1-gt-gold-in-the-high-grade-panel-at-ana-paula" target="_blank" rel="noopener">according to an April 23 release</a>. The recent drilling data from Ana Paula includes several notable high-grade intercepts, including 69.15 meters grading 10.09 grams per tonne (g/t) gold from 93 meters, 43.8 meters grading 13.9 g/t gold from 104.55 meters (including 19.85 meters grading 22.5 g/t), 28.95 meters grading 11.2 g/t from 163.35 meters, and 30.65 meters grading 11.3 g/t from 94.0 meters (including 14.1 meters grading 22.1 g/t). The primary goal of the drilling program is to elevate inferred mineral resources to higher confidence categories, which will not only support the ongoing Feasibility Study but also help identify new exploration targets around the deposit, the company said. "Today's results highlight the unique nature of the High Grade Panel in its ability to consistently return exceptionally high-grade gold over broad intercepts," Heliostar Chief Executive Officer Charles Funk said. "The infill drill program continues to confirm this style of mineralization in portions of the deposit currently in the inferred category. We are on track to upgrade these zones to include them in the mine plan in the 2027 Feasibility Study for Ana Paula." He continued, "Our aim for this study is to expand the nine-year mine life and ~100,000 ounce per year high-margin production profile shown in our November 2025 Preliminary Economic Study. Bringing the Ana Paula mine online in 2028 will be a major step forward for achieving Heliostar's goal of being a 500,000 ounce per year producer by the end of the decade." <h2 style="text-align: center;">Five Holes in the High Grade Panel</h2> Heliostar has successfully completed a substantial phase of its drilling program at Ana Paula, achieving 88 holes and covering 31,184 meters for the 2025-26 period, the company said. This extensive drilling effort is primarily focused on infilling areas identified with inferred mineralization as outlined in the November 2025 Preliminary Economic Analysis mine plan. Concurrently, the program is dedicated to delineating additional mineralization close to the planned underground mine infrastructure through step-out drilling and is actively exploring deeper for down-plunge extensions in the Expansion Zone. The latest update from the company includes results from five holes located in the High Grade Panel, a key focus of the ongoing drilling, which aims to exceed the initially planned 28,000 meters due to cost efficiency and successful exploration outcomes. Currently, there are 14 more holes from this area pending assay results. These holes are also being utilized to gather essential rock strength and hydrogeologic data, alongside samples for further metallurgical analysis, all of which are intended to accelerate the integration of these zones into the future mine plan set for the upcoming Ana Paula Feasibility Study. Among the highlighted drill results, Hole AP-25-349, positioned approximately 55 meters west of AP-25-359 and 104 meters west of AP-25-360, was specifically drilled to target a segment of inferred mineralization within the High Grade Panel. This hole yielded 28.95 meters at 11.24 grams per tonne (g/t) gold, including a segment of 19.70 meters at 15.14 g/t gold, confirming the presence of a well-established high-grade zone that aligns with current geological interpretations. Another significant drill, Hole AP-25-359, located about 55 meters southwest of AP-25-360, aimed to probe and define the vertical extent of the High Grade Panel, Heliostar said. It returned 43.8 meters grading 13.91 g/t gold, with a particularly high-grade core of 19.85 meters grading 22.51 g/t gold. This result, along with additional intervals of 24.75 meters at 8.96 g/t gold and 6 meters at 27.98 g/t gold, further underscores the continuity of high-grade mineralization within this zone. Hole AP-25-360, centrally positioned within the drill pattern, was designed to test mineralization at greater depths within the High Grade Panel. It reported one of the thickest intervals encountered, with 69.15 meters grading 10.09 g/t gold. Additionally, Hole AP-25-371, located approximately 52 meters east of AP-25-360 and 105 meters northeast of AP-25-359, tested the eastern portion of the panel and returned 30.65 meters grading 11.33 g/t gold, including 14.05 meters grading 22.13 g/t gold, affirming the extension of broad zones of high-grade mineralization across this section of the High Grade Panel. These results collectively demonstrate consistent, high-grade mineralization across closely-spaced drill holes and support the ongoing transition of inferred resources within the High Grade Panel to higher confidence categories. The mineralization is consistent with an interpreted east-west trending structure that controls the high-grade zones, although true widths are yet to be determined, the company said. Drilling is set to continue across the High Grade Panel, its less defined western edge, and the Expansion Zone, with further results anticipated in May. <h2 style="text-align: center;">Building Co. Into a Mid-Tier Gold Producer</h2> The results from Ana Paula were promising, particularly within the Expansion Zone, according to an updated research note by Hannam & Partners Analyst Jonathan Guy on April 10. A significant find from the current drilling phase is a 101-meter intersection at a grade of 5.34 g/t gold starting from 512.5 meters depth. This result, which is located down dip from the existing resource envelope, confirms the potential for further depth and growth at Ana Paula, building on an earlier intersection of 25.45 meters at 8.26 g/t gold. Further results expected this quarter could suggest a substantial increase in the resource base, particularly at greater depths, the analyst said. Key near-term catalysts for the project include additional exploration results, progression of Ana Paula towards a feasibility study planned for the first half of 2027, commencement of decline development in the second half of 2026, integration of the new Goldstrike project, and achieving the 2026 production guidance of 50,000 to 55,000 ounces of gold. The target valuation for Heliostar remains set at CA$7.52 per share. The valuation implies a 191% upside from the time of writing. It is derived using a discounted cash flow (DCF) methodology with a 5% discount rate. Valuations for Heliostar's operational mines are calculated at 1x net asset value (NAV), with Ana Paula valued at 0.7x NAV and earlier-stage projects at an average of 0.2x NAV. This approach results in a risk-weighted operational NAV of US$8.60 per share. Adjustments for the company's balance sheet and general and administrative expenses have been factored into the final target valuation. This strategic financial assessment underscores the growth potential and robust prospects of Heliostar's mining projects. "Management's message is increasingly centered on building Heliostar into a mid-tier gold producer by using cash flow from its operating mines to fund a pipeline of higher-margin growth assets," noted Stonegate Capital Partners Analyst Dave Storms in a March 26 research note. "The company exited 2025 with CA$40.6 million of cash, and management expects to fund a CA$27 million exploration program from operating cash flow in 2026. Near-term priorities include executing at La Colorada and San Agustin, advancing Ana Paula toward a Feasibility Study in 1H27 and production in 2028, and progressing the broader development pipeline, which now includes Goldstrike. For 2026, Heliostar guided consolidated production of 50,000-55,000 ounces of gold, with cash costs of CA$1,850-CA$1,950/oz and AISC of CA$2,025-CA$2,125/oz." In the firm's valuation of Heliostar, Storms said two distinct methodologies were employed. Firstly, using the Enterprise Value to Net Asset Value (EV/NAV) approach, a range of 0.4x to 0.6x is applied, with a midpoint of 0.5x. This calculation leads to a valuation range of CA$3.19 to CA$4.69, with a midpoint value of CA$3.94. Secondly, when utilizing the Enterprise Value to Reserves (EV/Reserves) valuation method, a multiple range from 50x to 100x is used, with a midpoint of 75x. This results in a valuation range of CA$2.37 to CA$4.54, with a midpoint of CA$3.45. <h2 style="text-align: center;">'Whopper' Results</h2> <a href="https://thegoldadvisor.com/the-gold-advisor/newsletters/heliostar-metals-onyx-gold-astra-exploration-vizsla-silver-jeff-chats-with-mining-network/" target="_blank" rel="noopener">On April 23, Jeff Valks, senior analyst for The Gold Advisor, compared</a> Heliostar's high-grade drilling results from Ana Paulausly to the "whopper, whopper, junior whopper" theme from Burger King due to their substantial nature. The stock market response to these developments has been positive, with Heliostar's shares showing a significant increase of over 130% over the past year. Despite this rise, there is a sentiment that the shares are still undervalued given the company's prudent financial management and the promising results from its properties, Valks said. "Infill drilling that upgrades confidence categories ahead of a Feasibility Study changes how timelines get modeled. That shifts a story closer to production reality," Valks wrote. "We love what we're seeing. The stock remains a Buy." The expert said he holds a long position on the stock, and site founder Jeff Clark holds an overweight position with no plans to sell. "There has rarely been a company that was able to capitalize on aligning stars as well as Heliostar Metals," <a href="https://www.caesarsreport.com/reports/report-heliostar-metals-quietly-building-a-self-funded-mid-tier-gold-producer/" target="_blank" rel="noopener">noted Caesars Report on April 23</a>. "While CEO Charles Funk will be the first to admit that the booming gold price provides a very strong tailwind to support the operational assets while making the lives of the technical teams on the development projects easier, seeing how Heliostar was built out to the company it is right now cannot solely be attributed to ‘luck.'" The article continued, "The methodological approach and the somewhat surgical precision to secure assets and sequence them into a company-wide growth plan requires skills. The Goldstrike project wasn't just purchased on a whim. It's the type of asset Heliostar excels at in bringing (back) into production: low capex ounces to get production going and using the cash flow to accelerate the production across the portfolio." According to FactSet on April 15, 2026, National Bank Financial gave Heliostar Metals a Buy rating with a CA$4.50 target price. FactSet also reported that on April 23, 2026, ATB Cormark Capital Markets analyst Richard Gray gave the company a Buy rating with a CA$7.50 target price. <h2 style="text-align: center;">The Catalyst: Questions About Gold's Future</h2> Gold has seen a significant rise in its market value over the last few years, <a href="https://www.cbsnews.com/news/how-far-will-golds-price-fall-what-experts-say/" target="_blank" rel="noopener">as reported by Aly J. Yale for CBS News MoneyWatch on April 24</a>. The precious metal first crossed the US$3,000-per-ounce mark in 2025 and soon after surpassed the US$4,000 threshold. This upward trajectory continued into 2026, with gold prices hitting a record high of US$5,000 per ounce early in the year. Despite this peak, there was a notable retreat in prices to around US$4,400 in March, though they have since stabilized at over US$4,700 per ounce by mid-April. The current market situation raises questions about the future direction of gold prices and whether a further decline is on the horizon. Financial experts have offered their insights on this matter. Thomas Winmill from Midas Funds suggested that a decrease of 10% to 20% in gold prices is a possibility. On the other hand, Brett Elliott from the American Precious Metals Exchange (APMEX) projected that gold might average around US$4,500 this year, potentially climbing to US$5,800. However, he also pointed out the risk of prices dropping to as low as US$4,000. Elliott also commented on the expected volatility in the gold market, noting that significant price swings have become more common. For instance, gold prices recently fluctuated from US$5,400 to US$4,100 within a matter of weeks. Such volatility highlights the unpredictable nature of the gold market, suggesting that investors might see more fluctuations as the year progresses.[OWNERSHIP_CHART-10041] On Friday, gold prices saw a slight increase, although they were on track to close the week with losses amid ongoing inflation worries, <a href="https://www.tradingview.com/news/invezz:ce58c0171094b:0-commodity-wrap-gold-prices-set-for-weekly-loss-oil-surges-17-this-week/" target="_blank" rel="noopener">TradingView reported April 24</a>. Similarly, silver prices experienced a rise, gaining 0.7% on COMEX. In the energy sector, oil prices showed mixed results; Brent crude saw a modest increase, while West Texas Intermediate crude dropped by nearly 1% on the same day. Despite Friday's mixed performance, Brent and WTI have recorded significant gains for the week, with increases of 17% and 14%, respectively. In the metals market, both aluminum and copper prices witnessed declines on the London Metal Exchange. Thu Lan Nguyen, head of FX and commodity research at Commerzbank AG, commented on the potential market impacts of the ongoing conflict in the Middle East. She noted that the conflict could lead to a short to medium-term increase in market concentration in the aluminum sector, potentially benefiting China. This observation highlights the broader economic implications of geopolitical tensions on global commodity markets, the piece noted. <h2 style="text-align: center;">Ownership & Share Information1</h2> Management and Insiders own about 2% of shares, while Strategic Investors own 14%. Institutions hold 23% of shares, and the remaining shares are retail. Heliostar Metals Ltd. has a market cap of CA$657.39 million, with 277.38 million shares outstanding. The company's 52-week range is CA$0.97-CA$3.47. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Heliostar Metals Ltd.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31048"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31048" width="0" height="0"> ( Companies Mentioned: HSTR:TSX.V; HSTXF:OTC; RGG1:FRA, ) Mon, 27 Apr 2026 00:00:00 PST Mining Company Advances Massive 424m Mineralized Zone in Kazakhstan https://www.streetwisereports.com/article/2026/04/24/mining-company-advances-massive-424m-mineralized-zone-in-kazakhstan.html Source: <a href="https://www.streetwisereports.com/article/2026/04/24/mining-company-advances-massive-424m-mineralized-zone-in-kazakhstan.html?utm_medium=feed">Streetwise Reports 04/23/2026</a> Arras Minerals Corp. (ARK:TSX.V; ARRKF:OTCMKTS) releases initial results from drilling at its Elemes project in Kazakhstan. Find out what experts predict for the stock.Arras Minerals Corp. (ARK:TSX.V; ARRKF:OTCMKTS) released initial results from its 2026 drilling campaign at the Elemes project located in northeastern Kazakhstan, <a href="https://irp.cdn-website.com/8c0a7d35/files/uploaded/23April2026_Arras+Minerals+Drills+115.7+m+of+1.44+g+per+t+Au+and+0.24-+Cu+at+Berezski+East+Target+%28Elemes+Project%29_FINAL1a.pdf" target="_blank" rel="noopener">according to an April 23 release</a>. The drilling, which resumed in late February, began with the first two holes at the Berezski East target, part of the Elemes project. To date, only five holes have been completed at this site, which is emerging as the third porphyry center identified on the Berezski trend in the last two years. Berezski East is characterized as a gold-rich porphyry system situated along a northeast-southwest structural corridor, the company said. The mineralization at this site includes magnetite and quartz-sulfide veins, with some occurrences of bornite dissemination. This mineralization aligns with a significant magnetic high feature that extends along strike for at least 800 meters. Notably, gold-copper mineralization has been observed from the surface down to depths exceeding 400 meters, with some higher-grade intervals reaching and surpassing 1 gram per tonne (g/t) gold over core lengths of more than 100 meters. In one of the drill holes, EL26031, a fault zone was encountered at a depth of 315 meters, beyond which there was a marked increase in brecciation, potassic alteration, and a rise in veining and copper-sulfide mineralization, Arras said. This zone reported higher copper values than previously seen at this target and may represent a new vector towards the core of the system. Key highlights from the drilling include hole EL25031, which yielded 115.7 meters grading 1.44 g/t gold and 0.24% copper starting from 317.3 meters depth within a broader zone of 424 meters grading 0.5 g/t gold and 0.12% copper starting from 9 meters depth. "We are pleased to report the Berezski East target is firming up as a third porphyry center on the Berezski trend," Chief Executive Officer Tim Barry said. "Hole EL26031 has confirmed and extended gold mineralization intersected by earlier drilling, but importantly also intersected a major fault zone that appears to act as a key structural control on mineralization. Below this structure, there was a significant increase in the intensity of alteration, veining, and mineralization indicative of a robust mineralized system." The CEO continued, "The five holes that we have drilled to date cover 400 meters of strike, and the target, we believe, stretches at least a further 400 meters to the northeast. … We are planning a top-of-bedrock (KGK) drill program over the Berezski East target to help define the footprint of the gold-copper mineralization under the cover at this target that we will then follow up with diamond drilling on priority targets here." <h2 style="text-align: center;">Consistent Wide Zones of High-Grade Gold Mineralization</h2> Arras Minerals noted in the release that drilling operations at Berezski East (located in northeastern Kazakhstan) have consistently yielded wide zones of high-grade gold mineralization, indicating the expanding scale of this mineral system. The mineralized zones, characterized by a northeast/southwest orientation, align with a linear magnetic high. Interestingly, the company said recent drilling results from December 2025 in the KGK area have also revealed promising gold values in an adjacent magnetic low to the east, suggesting the presence of multiple parallel gold systems in the region. To date, Arras said it has completed five drill holes at Berezski East, successfully confirming robust gold-copper (Au-Cu) mineralization across a 400-meter strike length and down to depths of at least 400 meters. One particular drill hole, EL26031, extended the mineralization to significant depths, revealing a large, vertically extensive porphyry-style hydrothermal system. This hole intersected extensive zones of gold-copper mineralization, with notable increases in alteration and vein density below a major fault zone at 315 meters depth. This suggests a crucial structural control over the mineralization, which may explain why another hole, EL26030, only encountered narrow zones of gold, likely because it was drilled adjacent to this key structural feature. Currently, four diamond drill rigs are operational at the Elemes project, with three at the Berezski North target and one recently started at the Novii target, the company said. Since drilling recommenced in late February, seven holes totaling nearly 5,000 meters have been completed, with assays pending for five holes. Following a winter break, drilling resumed in February as part of the ongoing 20,000-meter phase II diamond drill program, which began in June of the previous year. Given the strong results obtained, Arras Minerals plans to expand this program to 30,000 meters, aiming for completion by the end of 2026. The Elemes project, managed by Arras Minerals, encompasses two exploration licenses covering 531 square kilometers in northeast Kazakhstan, strategically located approximately 13 kilometers southwest of Ekibastuz and 20 kilometers from Arras's operational base. The project is advantageously positioned within the prolific Bozshakol-Chingiz metallogenic belt, close to significant regional deposits such as the Beskauga porphyry copper-gold-silver deposit and KAZ Minerals' Bozshakol copper-gold mine. These neighboring mines reported notable mined grades in the first quarter of 2025, highlighting the region's mineral richness. The exploration efforts at Elemes have been robust, with a phase 1 drill program on the Berezski trend in late 2024 yielding high-grade porphyry/epithermal copper and gold mineralization, the company said. Following these promising results, a phase 2 drill program commenced in May 2025, initially planned for 20,000 meters but later expanded to 30,000 meters due to the strength of the findings, with completion anticipated by the end of 2026. <h2 style="text-align: center;">Co. To Expand Drilling Efforts</h2> The initial results from the drilling program at the Berezski Trend showed significant findings from drill hole EL26031, which confirmed and extended gold mineralization with a 400-meter strike length and targeted an additional 400 meters to the northeast, Analyst Oscar Norris wrote for Hannam & Partners in an April 24 note. Notably, this hole intercepted 424m at grades including 0.5g/t gold, 0.12% copper, 0.62g/t silver, and 3.26 ppm (parts per million) molybdenum starting from a depth of 9 meters, the analyst said. A particularly high-grade section of this hole, spanning 115.7 meters starting from 317.3 meters depth, yielded 1.44 g/t gold and 0.24% copper among other values, suggesting the intersection of the outer porphyry and potentially the core of the porphyry system at greater depths. Another drill hole, EL26030, aimed to test the continuity of copper-gold mineralization north of Berezski East, Norris noted. It is interpreted to have intersected the footwalls of structures controlling the high-grade copper-gold mineralization seen in EL26031 and previously in EL25019. These results collectively underscore a robust set of findings as Arras continues to delineate the scale and grade of the Elemes project, with four drill rigs actively operating and 5,000m drilled across seven holes since drilling resumed in February. Norris maintained the firm's target valuation at CA$1.80 per share, reflecting a 114% upside at the time of writing, with further drill results anticipated as a key catalyst. Since drilling recommenced at Berezski East, five holes have been completed, defining a 400-meter strike length with an additional 400 meters expected to be defined by future drilling, supported by a magnetic high feature. Notably, hole EL26031 also uncovered a new fault zone, suggesting a potential key structural control of mineralization. This new structure indicates a possible vector towards the core of a third porphyry center on the Berezski Trend. Looking ahead to the rest of 2026, the analyst noted that Arras plans to expand its drilling efforts to the west and south of Berezski North, aiming to uncover further high-grade, near-surface mineralization. The 2026 drill program is set to total 20,000 meters across the Berezski area, with potential expansions based on ongoing results. The company's extensive exploration efforts are underpinned by a robust valuation model, projecting a significant upside to the current share price, reflecting the substantial exploration potential and the strategic development of its assets. Chen Lin wrote in his What is Chen Buying? What is Chen Selling? newsletter on April 13 that the company was "having a nice rebound on the new drilling results, 115.7 meters of 1.44 g/t gold and 0.24% copper. It looks like a third target is found." <h2 style="text-align: center;">The Catalyst: Gold Heading Toward Weekly Loss</h2> On Friday, gold prices saw a modest increase, yet the precious metal is still tracking towards a weekly loss amid faltering peace talks between the U.S. and Iran, which have led to a surge in oil prices, <a href="https://www.investing.com/news/commodities-news/gold-prices-fall-set-for-deep-weekly-loss-as-usiran-uncertainty-boosts-dollar-4634684" target="_blank" rel="noopener">according to a report by Scott Kanowsky for Investing.com on April 24</a>. This rise in oil prices has heightened concerns about potential spikes in energy-driven inflation and the possibility of enduring high interest rates. As of 08:31 am, spot gold had risen by 0.3% to US$4,707.43 an ounce, while gold futures remained relatively stable at US$4,724.11 an ounce. Over the course of the week, spot gold prices have decreased by 2.6%, and gold futures have fallen by 3.2%, Kanowsky wrote. Despite a drop in earlier gains on Friday, oil prices remained over US$100 a barrel. The ongoing U.S.-Iran conflict, with President Donald Trump indicating no immediate intent to conclude the war, has contributed to what is expected to be the largest weekly increase in oil prices since early March. This situation has reignited concerns that inflation could intensify, potentially prompting central banks to raise interest rates. Gold, which does not yield interest, typically underperforms in environments where interest rates are high. Analysts at ING noted the lack of clarity regarding the next developments in the Middle East conflict, suggesting that inflation pressures might be expanding. Concurrently, the U.S. dollar has seen a slight increase this week, which could diminish the appeal of dollar-denominated gold for international buyers. The dollar index, which tracks the greenback against a basket of other major currencies, was trading mostly flat, reflecting these dynamics. Gold has experienced a remarkable surge in value over the past couple of years, initially surpassing the US$3,000-per-ounce mark in 2025 and then breaking the US$4,000 threshold shortly after, <a href="https://www.cbsnews.com/news/how-far-will-golds-price-fall-what-experts-say/" target="_blank" rel="noopener">noted Aly J. Yale for CBS News MoneyWatch on April 24</a>. This upward trend continued into 2026, with gold prices reaching an unprecedented US$5,000 per ounce in the early months of the year. However, there has been a recent pullback, with prices dropping to around US$4,400 in March, though they still remain near record highs, with current values over US$4,700 per ounce as of mid-April. The question now arises: will gold prices continue to decline, and if so, how much further could they fall? Experts have weighed in on this topic, suggesting that a further decrease in gold prices is possible. Thomas Winmill, a portfolio manager at Midas Funds, told the author he believes that a 10% to 20% drop could be within the realm of possibility. Meanwhile, Brett Elliott, director of content at the American Precious Metals Exchange (APMEX), forecasted that gold could average around US$4,500 this year, with the potential to reach as high as US$5,800. However, he also acknowledges the downside risk, indicating that prices could fall as low as US$4,000.[OWNERSHIP_CHART-10880] Elliott also highlighted the likelihood of significant volatility in the gold market throughout the year. He noted that while a US$500 swing in gold prices would have once been considered extraordinary, recent fluctuations have seen gold prices swing from US$5,400 to US$4,100 in just a few weeks. Such dramatic shifts underscore the current unpredictable nature of the gold market, with more volatility expected going forward. <h2 style="text-align: center;">Ownership and Share Structure1</h2> About 7% of the company is held by insiders, about 20% by strategic corporate entities like Sprott Asset Management and Teck Resources Ltd., and about 22% by institutions. The rest is retail. Top shareholders include Equinox Partners Investment Management with 12.44, Sprott with 10.05%, Brian Douglas Edgar with 1.37%, Darren E.V. Klinck with 1.18%, and Eart Resource Investment Group with 1.17%. Its market cap is CA$102.74 million with 122.31 million shares outstanding. It trades in a 52-week range of CA$0.53 and CA$1.07. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31046"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31046" width="0" height="0"> ( Companies Mentioned: ARK:TSX.V; ARRKF:OTCMKTS, ) Thu, 23 Apr 2026 00:00:00 PST Kamloops Junior Gold 2026: Exploration Update & New Price Targets on the Charts https://www.streetwisereports.com/article/2026/04/24/kamloops-junior-gold-2026-exploration-update-new-price-targets-on-the-charts.html Source: <a href="https://www.streetwisereports.com/article/2026/04/24/kamloops-junior-gold-2026-exploration-update-new-price-targets-on-the-charts.html?utm_medium=feed">Stewart Thomson 04/24/2026</a> Technical Analyst Stewart Thomson takes a look at Decade Resources Ltd. (DEC:TSX.V) in light of its recent acquisition. Golden Triangle explorer <a href="https://www.streetwisereports.com/pub/co/11512?utm_medium=feed" target="_blank" rel="noopener">Decade Resources Ltd. (DEC:TSX.V)</a> holds numerous properties and is providing an update on its exploration plans for 2026. The company has just finished an exhibition at the KEG Mineral Show in Kamloops, B.C. (April 14 to April 15, 2026). <h2 style="text-align: center;">Projects for Exploration in 2026</h2> <h3 style="text-align: center;">Bonaparte</h3> The 2026 program will include testing IP anomalies that appear to start at approximately 300 m depth and extend beyond 500 meters in depth, as per a National Instrument 43-101 report by R. Kemp. The company plans a minimum of 3,000 m of drilling consisting of six holes, each 500 m in length, upon receipt of a drill permit. In addition, soil sampling, geological mapping, and rock sampling will be carried out to expand the known areas of mineralization. New Bonaparte Activities Decade acquires 1,180-hectare claim in B.C. – April 7, 2026 The Province of British Columbia, which consulted with the first nations which may be impacted by activities in the Bonaparte project, has granted ownership to a new mineral claim. This claim is 1,180.03 hectares in size, covering the east side of a quartz diorite intrusive containing chalcopyrite mineralization in weakly sheared and altered rocks. It is four kilometres east of the Discovery area encompassing a creek with anomalous historic gold-in-silt samples…. Decade plans to conduct surveys over this area to further define drill target areas. Decade Confirms High Gold-Copper on the Bonaparte Property in Kamloops Mining Division – Feb 23, 2026 Decade Resources Ltd. has received assay results from sampling on the Bonaparte copper-gold property, located approximately 50km north of Kamloops, B.C., within the Kamloops Mining Division. Gold assays ranged from 0.001 to 122.1 g/t gold and 0.006 to 2.28 % copper. Highlights of the October 2025 grab sampling program include: <ul> <li>81.3 g/t Au and 1.361% Cu.</li> <li>122.1 g/t Au and 1.087 % Cu.</li> <li>116.8 g/t Au and 2.284% Cu.</li> <li>75.1 g/t Au and 1.165 % Cu.</li> </ul> <h3 style="text-align: center;">North Mitchell</h3> The 2026 program will include sampling and prospecting of all gossanous zones, as well as further sampling to define the high-grade mineralization discovered in 2025. If warranted, a diamond drilling program will be conducted upon encouraging follow-up of the 2025 results and receipt of all necessary permits. <h3 style="text-align: center;">Nobody Knows</h3> The 2026 program will include the following: Soil sampling along logging roads; Further silt sampling along streams in the float area; Rock sampling; VLF EM survey in the area of boulders. Upon location of the source, the company will conduct drill testing. The company has a drill permit in place for this project. <h3 style="text-align: center;">Del Norte</h3> Further sampling of the low sulphidation mineralization that assayed over 30 grams per tonne gold; Sample any new breccia zones exposed by melting snow and ice; Map and sample the Eagles Nest, LG/Argo, and K-Zone structures. It is anticipated that exploration will first commence in the Terrace area on the Nobody Knows claim. Qualified Person Ed Kruchkowski, PGeo, president of Decade Resources, is the qualified person as defined by National Instrument 43-101, and has reviewed and approved the technical contents of the company's <a href="https://www.stockwatch.com/News/Item/Z-C!DEC-3809477/C/DEC" target="_blank" rel="noopener">news release</a> covering its 2026 plans. <h2 style="text-align: center;">Charts: Technical Analyst Opinion</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026424111855_1.png" alt="" width="624" height="538" /> The gold price is an important consideration for gold exploration companies like Decade. The price is currently well-supported by numerous zones of weekly chart support. The 14,5,5 series Stochastics oscillator is bullish, suggesting higher prices ahead. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026424111914_2.png" alt="" width="624" height="538" /> Copper is also well-supported (note support at US$5.20-US$5.00). Stochastics is also flashing a buy signal. A strong metals market reduces risk for both producers and explorers alike. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026424112001_3.png" alt="" width="624" height="558" /> Trading volume has increased since the summer of 2025. MACD histograms are on the verge of crossing the zero line (a buy signal). OBV (on balance volume) is in a broadening up channel (bullish). The CA$0.05 zone is good technical support for the stock. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026424112024_4.png" alt="" width="624" height="408" /> [OWNERSHIP_CHART-11512] The long-term chart shows a remarkable breakout above a key trendline going back to the year 2017. A pullback to the trendline has occurred, marking a potential entry point for speculators. Volume is more consistent than in the past, also a bullish sign. <h2 style="text-align: center;">Shares Outstanding</h2> Decade Resources Ltd. has approximately 242.70 million shares outstanding. <h2 style="text-align: center;">Significant Shareholders</h2> <ul> <li>Qwest Investment Fund Management Ltd.: ~3.78% - 3.83%</li> <li>Ed Kruchkowski (President/CEO): ~2.4%</li> <li>Frank Kamermans: ~0.83%</li> <li>Randolph Kasum (CFO/Director): ~0.43%</li> </ul> Stock price at time of writing: Approx. CA$0.07. Short-Term Technical Price Target: CA$0.11 and CA$0.14 Medium-Term Technical Price Target: CA$0.25 Long-Term Technical Price Target: CA$0.60 Technical Rating: Strong Speculative Buy Recent news releases can be viewed <a href="https://www.stockwatch.com/Quote/Detail?C:DEC" target="_blank" rel="noopener">here</a>. [SMNLINSERT]Important Disclosures:<ol> <li>Decade Resources Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li> <div class="x_elementToProof">For this article, Decade Resources Ltd. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.</div> </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Decade Resources Ltd. </li> <li>Author Certification and Compensation: Stewart Thomson was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Thomson is a retired Canadian financial advisor who has passed the Canadian Securities Course as well as additional technical analysis courses that were mandated by his former employer and approved by Ontario regulatory bodies. For the past 15 years, he has been editing and writing numerous financial newsletters that have a strong focus on charts. The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services, or securities of any company.</li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31045"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31045" width="0" height="0"> ( Companies Mentioned: DEC:TSX.V, ) Fri, 24 Apr 2026 00:00:00 PST Silver-Gold Producer Reports 568,112oz Production While Targeting Higher Q2 Output https://www.streetwisereports.com/article/2026/04/24/silver-gold-producer-reports-568-112oz-production-while-targeting-higher-q2-output.html Source: <a href="https://www.streetwisereports.com/article/2026/04/24/silver-gold-producer-reports-568-112oz-production-while-targeting-higher-q2-output.html?utm_medium=feed">Streetwise Reports 04/24/2026</a> Avino Silver & Gold Mines Ltd. (ASM:TSX.V; ASM:NYSE.MKT; GV6:FSE) announces production results for the first quarter of 2026. Read why two analysts like the stock.Avino Silver & Gold Mines Ltd. (ASM:TSX.V; ASM:NYSE.MKT; GV6:FSE) announced its production results for the first quarter of 2026, <a href="https://www.stockwatch.com/News/Item/Z-C!ASM-3810002/C/ASM" target="_blank" rel="noopener">according to an April 23 release</a>. The company reported producing 263,057 ounces of silver, 1,851 ounces of gold, and 1,343,654 pounds of copper, culminating in a total of 568,112 silver equivalent ounces, the the release said. "We have started 2026 with positive momentum, reflected in quarterly production of 568,112 million ounces, providing a strong foundation to deliver on our annual production target," President and Chief Executive Officer David Wolfin said. Wolfin highlighted the solid performance of the mill during the quarter, with milled tonnage surpassing expectations. He also noted that the elevated silver prices are expected to significantly boost the company's revenues, reflecting both robust metal prices and strong operational performance. The company has been actively managing throughput across all four circuits, with contributions from the La Preciosa development ore surpassing plans and showing promising grade improvements, particularly towards the end of the quarter. Wolfin emphasized ongoing efforts to optimize performance across operations as part of Avino's transformational growth plans. He also mentioned that production is anticipated to be higher in the second half of 2026 as La Preciosa progresses, with the company remaining on track to meet its forecasted production for the year. Key production highlights from the first quarter of 2026 include steady progress at La Preciosa, with ongoing extraction, haulage, and processing of mineralized development material, the company said. Although slightly below plan early in the quarter due to mill availability and the intentional processing of lower-grade development ore, this strategy allowed the company to capitalize on strong silver prices while utilizing previously stockpiled higher-grade material. Silver and gold production for the quarter slightly decreased compared to the first quarter of 2025, reflecting planned mining sequencing into lower-grade areas, Avino said. However, development production from La Preciosa contributed 49,830 silver ounces, slightly higher than in the fourth quarter of 2025. Furthermore, Avino noted it achieved an 11% increase in mill throughput year-over-year in the first quarter of 2026. This improvement is attributed to targeted upgrades and automation initiatives led by the operations and maintenance teams, which have enhanced mill availability and supported higher, more consistent throughput levels. <h2 style="text-align: center;">MRE Update</h2> <a href="https://www.streetwisereports.com/article/2026/04/21/127-million-ounces-locked-in-as-silver-supply-crunch-deepens-and-demand-surges.html?utm_medium=feed" target="_blank" rel="noopener">The company announced its most recent mineral reserve estimate and updated mineral resource estimate</a> earlier in April, marking a significant milestone with the inaugural proven and probable mineral reserves at two of its three assets. These reserves total 27 million tonnes, containing 95 million ounces (Moz) of silver at a grade of 109 grams per tonne (g/t), 356,000 ounces of gold at a grade of 0.41 g/t, and 85 million pounds of copper at a grade of 0.31%. This equates to 127 million silver equivalent ounces at a grade of 145 g/t. The mineral resources and reserves estimate will be included in an updated technical report prepared by Tetra Tech Canada Inc. in accordance with NI-43-101 standards, the company said. This report will be available on <a href="https://www.sedarplus.ca/home/" target="_blank" rel="noopener">SEDAR+</a> under the company's profile and will also be filed with the SEC on Form 6-K within 45 days. In terms of operational updates, during the first quarter of 2026, development mining continued on the north faces of the La Gloria and Abundancia veins at La Preciosa, with ore being transported to the mill for processing, the release said. Post-Q1, mining and haulage rates were increased to facilitate a switch from Avino ore to La Preciosa development ore in Mill Circuit 2, in anticipation of planned increases in processing throughput at La Preciosa. Mine engineering during the quarter focused on the publication of the reserves and resources and has now shifted towards mine planning scenario analysis to optimize the two deposits. The exploration program at Avino involved two drills during the quarter; one focused on infill drilling in the upper eastern area of the system, and the other on extension drilling in the footwall breccia area. At La Preciosa, two drills were also active, with one concentrating on infill drilling and poised to transition to extension drilling, and the other on exploratory drilling to evaluate previously underexplored areas. Updates from these drilling activities at both properties will be released once results are compiled. Lastly, the company's financial results for the first quarter of 2026 are scheduled to be released after the market closes on May 13, and a conference call to discuss these operational and financial results will be held on May 14. <h2 style="text-align: center;">La Preciosa to Contribute to Higher Production Rates, Analyst Says</h2> According to a research note issued April 24 by Alliance Global Partners Analyst Jake Sekelsky, Avino's first quarter 2026 production results aligned with expectations as the company progresses with development work at La Preciosa. The project is anticipated to significantly contribute to higher production rates later in the year. Additionally, Avino recently announced its first-ever mineral reserve estimate, marking a significant milestone in the company's history. This development is seen as an affirmation of Avino's status as a rapidly growing silver producer with a substantial underlying mineral inventory. Following the end of the quarter, development rates at La Preciosa have increased, setting the stage for Mill Circuit 2 to transition from processing ore from the Avino Mine to using La Preciosa development material in upcoming quarters, Sekelsky noted. La Preciosa is viewed as the central element of Avino's near-term growth strategy due to its exceptional combination of grade and scale. The company's five-year growth strategy targets production of approximately 4 million AgEq ounces in 2027, nearly 7 million AgEq ounces in 2028, and over 8 million ounces in 2029. "We are reiterating our Buy rating and US$12.75 price target," the analyst wrote. "Our valuation remains based on a NAV analysis utilizing an 8% discount rate and 1.2x NAV multiple at the Avino Mine and La Preciosa. In short, we believe Avino is in the unique position of being a growing silver producer with extensive exploration potential amid a strong silver price backdrop." Cantor Fitzgerald Analyst Matthew O'Keefe, writing an update on April 23, noted that La Preciosa contributed approximately 57,000 ounces AgEq to the total production. The development and processing activities at La Preciosa are progressing well, with improvements in haulage and mill feed observed post-quarter. These enhancements are expected to support higher throughput and a production profile weighted towards the second half of 2026. In terms of the company's broader production outlook, Avino remains on track to meet its long-term growth targets, said the analyst, who rated the stock a Buy with a US11.50 per share target price, a 57% return at the time of writing. Given these first-quarter results, there have been no significant changes to the 2026 estimates, O'Keefe said. The price target for Avino remains based on equally blended target multiples of 1.5x NAVPS at discount rates of 5%, 10.0%, and 15x the estimated 2027 cash flow per share. <h2 style="text-align: center;">'Lionel Messi of the Silver World'</h2> According to What is Chen Buying? What is Chen Selling? author Chen Lin on April 13, "ASM released excellent Q1 production, 568K oz of silver. It is a solid start of 2026." Contributing Analyst Daniel Flynn noted for The Gold Advisor on April 16 that "Avino is emerging as the Lionel Messi of the silver world with all the company records it has been breaking recently." He continued, "That hot streak continued today, with the company reporting another key technical de-risking milestone: the publication of an inaugural consolidated mineral reserve estimate for its asset base in Durango, Mexico. There’s a lot of numbers. They’re all good. And the message is simple: Avino is rapidly building a much bigger business." Flynn noted that the stock was significantly below its year-to-date high (and still was on April 24 at CA$9.42). "With the company steadily emerging as a larger, longer-life, multi-asset silver producer, this could be an attractive price," he noted. <h2 style="text-align: center;">The Catalyst: Outlook for Metals Positive</h2> Central banks, particularly in emerging markets, continue to be significant buyers of gold, purchasing approximately 60 tonnes monthly as they diversify their reserves away from the U.S. dollar, <a href="https://www.fxempire.com/forecasts/article/gold-xauusd-silver-price-forecast-gold-holds-4670-pivot-is-a-4536-slide-looming-1593623" target="_blank" rel="noopener">according to a report on gold and silver prices by FX Empire's Arslan Ali on April 24</a>. This trend is part of a broader context where the Middle East's ongoing volatility contributes to gold's appeal as a safe-haven asset. Additionally, investor interest in gold remains robust, facilitated by investments through Exchange-Traded Funds (ETFs). This sustained interest is driven by persistent economic uncertainties and enduring inflation concerns. This week, both JPMorgan and Goldman Sachs highlighted the substantial official and investor demand for gold, noting purchases amounting to hundreds of tonnes each quarter. Such insights reinforce a positive long-term outlook for gold, suggesting that it remains a favored asset amidst global financial uncertainties. The silver market is also experiencing significant dynamics, facing its sixth consecutive annual deficit in 2026, projected to be between 46 and 67 Moz, Ali wrote. This deficit is largely due to robust industrial demand for silver, particularly for uses in solar panels, electric vehicles, electronics, and technologies related to artificial intelligence. Despite an increase in recycling, it has not been sufficient to meet the soaring demand, resulting in a tight silver market. Additionally, global concerns about energy transitions are further fueling the demand for silver. In terms of market movements, gold was trading at US$4,686, hovering just above the critical 0.5 Fibonacci level of US$4,670, which has been acting as a significant pivot point, the author wrote. The price remains below the 50-day EMA, continuing to respect the broader downtrend characterized by lower highs since the March peak. Recent trading shows signs of indecision, suggesting that sellers are still influencing the market on any rallies. A daily close below US$4,670 could lead to further declines towards US$4,536 and potentially US$4,370. Conversely, a move back above US$4,800 could disrupt the bearish trend and allow for a retest of US$4,995. Silver was trading at US$74.65 and recently fell below its channel support on the four-hour chart, indicating a potential shift in the trend, according to Ali. The price has also dropped below the 50 EMA, with the 200 EMA sitting above at US$78, reinforcing resistance. The RSI has dropped below 40, confirming bearish momentum, and the market's failure to reclaim US$76 suggests strong resistance at that level. Immediate support is seen at US$72.75, followed by US$69.85. A recovery above US$76.00 would be necessary to suggest an easing of bearish pressure and a potential return to the previous channel. Bank of America has recently released a striking commodity forecast for silver, projecting that its price could soar to between US$135 and US$309 per ounce by the end of 2026, <a href="https://www.thestreet.com/investing/bank-of-america-has-stark-message-for-silver-investors" target="_blank" rel="noopener">Hillary Remy wrote for The Street on April 2</a>2. This forecast is notably bold compared to the typical modest adjustments seen in most annual commodity predictions. The basis for these aggressive targets lies in the gold-to-silver ratio, which is currently about 59:1, as reported by FastBull. This ratio indicates how many ounces of silver are needed to purchase one ounce of gold. A higher ratio suggests that silver is undervalued relative to gold, based on historical standards. [OWNERSHIP_CHART-659] Michael Widmer, the head of metals research at Bank of America, told Remy that if this ratio were to compress to its historical lows, the price of silver would need to increase significantly. Given that gold is trading near US$5,000, applying the 2011 low ratio of 32:1 results in a silver price of US$135. Using the 1980 ratio of 14:1, seen during the Hunt Brothers' attempt to corner the silver market, the price could skyrocket to US$309. Widmer acknowledged the inherent uncertainty in such forecasts, clarifying that the price might cap at US$309, rather than asserting this as a certainty. Despite this, he maintained a broader perspective that silver has the potential to significantly outperform gold in 2026, even if these extreme targets are not fully realized. <h2 style="text-align: center;">Ownership and Share Structure1</h2> About 24% of the company is held by institutions, with Mirae Asset Global Investments holding 3.82% and Van Eck Associates owning 3.03%. About 6% of Avino Silver is held by management and insiders. The rest is retail. Avino has 168.57 million shares outstanding and an estimated market capitalization of approximately CA$1.62 billion, based on recent trading prices. Shares trade in a 52-week range between CA$2.58 and CA$16.11. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Avino Silver & Gold Mines Ltd.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31043"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31043" width="0" height="0"> ( Companies Mentioned: ASM:TSX.V; ASM:NYSE.MKT; GV6:FSE, ) Fri, 24 Apr 2026 00:00:00 PST Mining Co. Announces Critical Financing Deal for Portugal Tungsten Mine https://www.streetwisereports.com/article/2026/04/27/mining-co-announces-critical-financing-deal-for-portugal-tungsten-mine.html Source: <a href="https://www.streetwisereports.com/article/2026/04/27/mining-co-announces-critical-financing-deal-for-portugal-tungsten-mine.html?utm_medium=feed">Streetwise Reports 04/27/2026</a> Allied Critical Metals Inc. (ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE) secures US$40M financing to advance Portugal project as tungsten demand spikes and prices top US$3,000/mtu.On April 24, 2026, Allied Critical Metals Inc. (ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE) <a href="https://www.newsfilecorp.com/release/294117" target="_blank" rel="noopener">announced a non-brokered private placement offering</a> of common shares at the price of CA$2.05 per share with both existing and new strategic investors for gross proceeds of up to US$25 million. In addition, the existing strategic investor has agreed to provide the company with US$15 million to finance the building of the company's Vila Verde pilot project. In exchange, said strategic investor will be entitled to 50% of tungsten concentrate produced at the pilot plant. The Off-Take Agreement is subject to a floor price of US$1,000/mtu for the calendar year 2026, subject to customary price revisions. The new strategic investor will invest US$25 million of the offering, subject to customary closing conditions. The existing strategic investor has agreed to back-stop the offering with the first tranche of US$10 million closing immediately — subject to approval of the CSE — with the remaining US$15 million closing by July 17, 2026. Project terms for the Vila Verde pilot plant clarify that the investor will offer the company an aggregate principal of US$15 million via either a loan or bond issue for a term of 5 years. The interest is 2.5% per annum, and the facility will bear a 1% per year commitment fee on the unutilized and uncanceled portion of the facility. Finally, Allied Critical will pay an arrangement fee equal to 0.5% of the facility. <a href="https://www.newsfilecorp.com/release/294117" target="_blank" rel="noopener">Roy Bonnell, CEO of Allied Critical Metals, said of the announcement</a>, "We are pleased to announce that we have entered into a transformative financing package that will not only fast-track our production of tungsten concentrates but also solidify our balance sheet. The Pilot Plant at Vila Verde is on track this year to bring online tungsten concentrates to a global market that is starved for the metal. Securing two strategic investors validates our strategy of fast-tracking tungsten concentrate production and enables us to be fully funded until the mine construction of the Borralha Tungsten Project, both of which are significant milestones for our Company. In a world where tungsten is a precious resource and with pricing is above US$3,000/mtu, this financing is strong support for our plan to fast-track tungsten concentrate production." Allied Critical Metals Inc. is a Canadian mining company focused on tungsten production in Portugal. <h2 style="text-align: center;">Tungsten Demand Soaring Amid War</h2> A strategically crucial metal, Tungsten has been designated a critical raw material by the United States and the European Union due to its importance in defense, aerospace, manufacturing, automotive, electronics, and energy applications. Currently, China, Russia, and North Korea account for <a href="https://www.newsfilecorp.com/release/294117" target="_blank" rel="noopener">approximately 87% of global tungsten supply and reserves</a>, causing Western nations to search for secure domestic sources. "Rotterdam pricing for tungsten (APT) is at US$3185 per tonne, up 350% year-to-date and a circa 900% increase over the last 12 months," <a href="https://stockhead.com.au/resources/stronger-for-longer-pricing-sets-up-tungsten-juniors-for-development/?utm_source=feedotter&utm_medium=email&utm_campaign=FO-04-23-2026&utm_content=httpsstockheadcomauresourcesstrongerforlongerpricingsetsuptungstenjuniorsfordevelopment&utm_medium=email&utm_campaign=CB%20NL%20Apr%2023&utm_content=CB%20NL%20Apr%2023+CID_3f66746ff0fb68379ec369a5f1371d46&utm_source=Campaign%20Monitor&utm_term=Stronger%20for%20longer%20pricing%20sets%20up%20tungsten%20juniors%20for%20development" target="_blank" rel="noopener">reported Kristie Batten for Stockhead</a> on April 23, 2026. Batten called tungsten ". . . the best performing commodity this year." In an interview with analysts William Jones and Reg Spencer, Batten asked about tungsten futures. The analysts said, "Our research suggests a limited new project pipeline, and with our forecast 47% demand growth to 2035, we expect the tungsten market to remain in structural deficit." Tungsten is one of the hardest metals on Earth, making it a key necessity in military operations. The metal is used for weaponry and even in such small, taken-for-granted daily items as lightbulb filaments. On March 16, 2026, <a href="https://discoveryalert.com.au/tungsten-price-increase-market-dynamics-2026/" target="_blank" rel="noopener">Muflih Hidayat wrote for Discovery Alert</a> that, "Defense sector consumption represents the primary demand catalyst, with military tungsten applications projected to grow approximately 12% in 2026 according to industry estimates, forming a crucial component of modern defense critical materials requirements." This year's 557% tungsten rally has shown that demand is not expected to wane. <h2 style="text-align: center;">Expert Call Economics 'Very Attractive'</h2> Thibaut Lepouttre of Caesar's Report told Streetwise Reports, "While the project has been around for a while, it never gained momentum when the tungsten price was US$300-375 per mtu, the current renewed interest and sky-high tungsten price make Borralha's economics very attractive." He noted that the company's base case scenario used a price of CA$1,000/mtu, yielding an after-tax NPV8% of CA$475M, which could nearly double to CA$1B at CA$1,500/mtu, highlighting Borralha as one of Europe's prime options for boosting domestic tungsten production. [OWNERSHIP_CHART-11251] <h2 style="text-align: center;">A Busy 2H 2026</h2> <a href="https://alliedcritical.com/PDF/ACM-Presentation.pdf" target="_blank" rel="noopener">The company plans</a> to begin building the facility at Vila Verde in Q2 2026. The first drawdown under the Pilot Plant will occur mid-Q3 2026. Also in Q3, Allied Critical is expecting to launch an exploration at Villa Verde. In Q4 2026, Vila Verde operations are expected to begin. <h2 style="text-align: center;">Ownership & Share Information1</h2> Allied Critical Metals Inc. has a market cap of CA$331.23 million, with 170.41 million shares outstanding. The company's 52-week range is CA$0.20-CA$2.28. Management & Insiders own 31% of shares, while Institutions own 16%. The remaining 53% of shares are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Allied Critical Metals Inc. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Allied Critical Minerals Inc.</li> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31042"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31042" width="0" height="0"> ( Companies Mentioned: ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE, ) Mon, 27 Apr 2026 00:00:00 PST Co. in Bolivia Doubles Tin Resource and Adds High-Grade Indicated Core at Iska Iska https://www.streetwisereports.com/article/2026/04/24/co-in-bolivia-doubles-tin-resource-and-adds-high-grade-indicated-core-at-iska-iska.html Source: <a href="https://www.streetwisereports.com/article/2026/04/24/co-in-bolivia-doubles-tin-resource-and-adds-high-grade-indicated-core-at-iska-iska.html?utm_medium=feed">Ron Stewart 04/24/2026</a> Eloro Resources Ltd. (ELO:TSX; ELRRF:OTCQX; P2QM:FSE) shared an updated MRE at Iska Iska, which delivered a maiden indicated resource, a doubled tin endowment, and a 54% increase in total mineralized tonnage, according to a research note from Red Cloud Securities.On April 23, 2026, Red Cloud Securities analyst Ron Stewart maintained a Buy rating and CA$5.50 price target on <a href="https://www.streetwisereports.com/pub/co/440?utm_medium=feed" target="_blank" rel="noopener">Eloro Resources Ltd. (ELO:TSX; ELRRF:OTCQX; P2QM:FSE)</a>, representing a potential 175% return from the CA$2.00 closing price, following the company's updated Mineral Resource Estimate (MRE) at its flagship Iska Iska silver-tin polymetallic project in Bolivia. Eloro announced a significantly expanded MRE at Iska Iska, highlighted by a maiden indicated resource of 85 Mt at 75.2 g/t silver equivalent (AgEq) containing approximately 206 million ounces AgEq, alongside a total inferred resource of 945 Mt at 22.3 g/t AgEq containing 678.2 million ounces AgEq and 0.29 Mt of tin. Total mineralized tonnage increased 54% compared to the 2023 MRE, while total AgEq contained metal grew 35% from 656 million ounces to 884 million ounces. The higher confidence indicated resource grades 65% higher than the high-grade portion of the previous 2023 MRE, with the high-grade core situated in the middle of the resource pit shell. The tin resource more than doubled to 290,000 tonnes, reinforcing Iska Iska's standing among the world's top ten tin deposits. Recent metallurgical test work improved tin recovery to 59%, enhancing its potential contribution to project economics. On the processing side, ore sorting results were encouraging: a combination of dense media separation and X-Ray Transmission techniques demonstrated that over half (53.4%) of tonnage could be eliminated while retaining 91.9% of silver and lead and 76% of zinc in the process feed. Stewart highlighted the company's significant valuation discount to peers as a key investment thesis. ELO currently trades at an EV/oz AgEq of US$0.18, compared to a peer group average of US$1.93/oz — a discount the analyst attributes to the previously lower average grade of the deposit. With the updated MRE now demonstrating a well-defined, higher-grade core zone, Stewart believes the company is positioned for a meaningful re-rating. The analyst's CA$5.50 price target is based on a probability-weighted mineable resource, applying an in-situ value of US$1.08/oz AgEq. Key upcoming catalysts include: a maiden Preliminary Economic Assessment expected in Q4 2026, additional mineralogical and metallurgical test work, continued drilling to expand and define high-grade mineralization, and implementation of an underground bulk sample program. The company holds CA$26.5 million in cash with no debt, and has a market capitalization of CA$238.2 million and enterprise value of CA$211.7 million. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Eloro Resources is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Eloro Resources</li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Disclosures for Red Cloud Securities, Eloro Resources, April 23, 2026 Disclosure Requirement Red Cloud Securities Inc. is registered as an Investment Dealer and is a member of the Canadian Investment Regulatory Organization (CIRO). Red Cloud Securities registration as an Investment Dealer is specific to the provinces of Alberta, British Columbia, Manitoba, Ontario, Quebec, and Saskatchewan. We are registered and authorized to conduct business solely within these jurisdictions. We do not operate in or hold registration in any other regions, territories, or countries outside of these provinces. Red Cloud Securities bears no liability for any consequences arising from the use or misuse of our services, products, or information outside the registered jurisdictions. Part of Red Cloud Securities Inc.'s business is to connect mining companies with suitable investors. Red Cloud Securities Inc., its affiliates and their respective officers, directors, representatives, researchers and members of their families may hold positions in the companies mentioned in this document and may buy and/or sell their securities. Additionally, Red Cloud Securities Inc. may have provided in the past, and may provide in the future, certain advisory or corporate finance services and receive financial and other incentives from issuers as consideration for the provision of such services. Red Cloud Securities Inc. has prepared this document for general information purposes only. This document should not be considered a solicitation to purchase or sell securities or a recommendation to buy or sell securities. The information provided has been derived from sources believed to be accurate but cannot be guaranteed. This document does not take into account the particular investment objectives, financial situations, or needs of individual recipients and other issues (e.g. prohibitions to investments due to law, jurisdiction issues, etc.) which may exist for certain persons. Recipients should rely on their own investigations and take their own professional advice before investment. Red Cloud Securities Inc. will not treat recipients of this document as clients by virtue of having viewed this document. Red Cloud Securities Inc. takes no responsibility for any errors or omissions contained herein, and accepts no legal responsibility for any errors or omissions contained herein, and accepts no legal responsibility from any losses resulting from investment decisions based on the content of this report. Company Specific Disclosure Details Company Name Ticker Symbol Disclosures Eloro Resources Ltd. TSX:ELO 3 1. The analyst has visited the head/principal office of the issuer or has viewed its material operations. 2. The issuer paid for or reimbursed the analyst for a portion, or all of the travel expense associated with a visit. 3. In the last 12 months preceding the date of issuance of the research report or recommendation, Red Cloud Securities Inc. has performed investment banking services for the issuer. 4. In the last 12 months, a partner, director or officer of Red Cloud Securities Inc., or an analyst involved in the preparation of the research report has provided services other than in the normal course investment advisory or trade execution services to the issuer for remuneration. 5. An analyst who prepared or participated in the preparation of this research report has an ownership position (long or short) in, or discretion or control over an account holding, the issuer’s securities, directly or indirectly. 6. Red Cloud Securities Inc. and its affiliates collectively beneficially own 1% or more of a class of the issuer’s equity securities. 7. A partner, director, officer, employee or agent of Red Cloud Securities Inc., serves as a partner, director, officer or employee of (or in an equivalent advisory capacity to) the issuer. 8. Red Cloud Securities Inc. is a market maker in the equity of the issuer. 9. There are material conflicts of interest with Red Cloud Securities Inc. or the analyst who prepared or participated in the preparation of the research report, and the issuer. Analysts are compensated through a combined base salary and bonus payout system. The bonus payout is determined by revenues generated from various departments including Investment Banking, based on a system that includes the following criteria: reports generated, timeliness, performance of recommendations, knowledge of industry, quality of research and client feedback. Analysts are not directly compensated for specific Investment Banking transactions. Recommendation Terminology Red Cloud Securities Inc. recommendation terminology is as follows: • BUY – expected to outperform its peer group • HOLD – expected to perform with its peer group • SELL – expected to underperform its peer group • Tender – clients are advised to tender their shares to a takeover bid • Not Rated or NA – currently restricted from publishing, or we do not yet have a rating • Under Review – our rating and target are under review pending, prior estimates and rating should be disregarded. Companies with BUY, HOLD or SELL recommendations may not have target prices associated with a recommendation. Recommendations without a target price are more speculative in nature and may be followed by “(S)” or “(Speculative)” to reflect the higher degree of risk associated with the company. Additionally, our target prices are set based on a 12-month investment horizon. Dissemination Red Cloud Securities Inc. distributes its research products simultaneously, via email, to its authorized client base. All research is then available on www.redcloudsecurities.com via login and password. Analyst Certification Any Red Cloud Securities Inc. research analyst named on this report hereby certifies that the recommendations and/or opinions expressed herein accurately reflect such research analyst’s personal views about the companies and securities that are the subject of this report. In addition, no part of any research analyst’s compensation is, or will be, directly or indirectly, related to the specific recommendations or views expressed by such research analyst in this report<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31041"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31041" width="0" height="0"> ( Companies Mentioned: ELO:TSX; ELRRF:OTCQX; P2QM:FSE, ) Fri, 24 Apr 2026 00:00:00 PST Nevada Gold-Silver Resource Update Brings $3.68 Million Private Placement & A Bullish Technical Set-Up https://www.streetwisereports.com/article/2026/04/27/nevada-gold-silver-resource-update-brings-3-68-million-private-placement-a-bullish-technical-set-up.html Source: <a href="https://www.streetwisereports.com/article/2026/04/27/nevada-gold-silver-resource-update-brings-3-68-million-private-placement-a-bullish-technical-set-up.html?utm_medium=feed">Stewart Thomson 04/27/2026</a> Technical Analyst Stewart Thomson reviews Star Gold Corp. (SRGZ:OTCQB) as it is using the proceeds of its recent offering to fund mine development and exploration.<a href="https://www.streetwisereports.com/pub/co/6021?utm_medium=feed" target="_blank" rel="noopener">Star Gold Corp. (SRGZ:OTCQB)</a> is a U.S.-focused precious metals company developing scalable, high-margin gold and silver assets in the mining-friendly state of Nevada. The company intends to use the net proceeds from its <a href="https://www.stockwatch.com/News/Item/U-LA96151-U!SRGZ-20260226/U/SRGZ" target="_blank" rel="noopener">recent offering</a> (US$3.68 million) to fund mine development and exploration activities at its Longstreet gold-silver project. <h2 style="text-align: center;">Technical Report for Longstreet Gold-Silver Project</h2> Recent Resource Highlights: <ul> <li>Total Resource: 11.1 million tons containing 213,082 ounces AuEq (132,414 oz Au + 4.84 million oz Ag)</li> <li>Indicated Resource: 8.7 million tons @ 0.0199 opt AuEq containing 172,944 ounces</li> <li>Inferred Resource: 2.4 million tons @ 0.0167 opt AuEq containing 40,138 ounces</li> <li>Favorable Strip Ratio: 1.73:1 – significantly enhancing project economics</li> <li>100% Oxide Material – ideal for heap leach recovery with proven metallurgy</li> </ul> The report was independently produced by Paul Noland, a Certified Professional Geologist with Certification through the American Institute of Professional Geologists (#11293). The Report is compliant with SEC Regulation S-K 1300. Mr. Noland holds no interest in Star Gold. Economic Pathway: The technical report recommends a US$1.74 million Phase II program, including: <ul> <li>10,000 feet of resource expansion/infill drilling (US$1.0M)</li> <li>Preliminary Economic Assessment (US$100K)</li> <li>Updated resource estimate (US$100K)</li> <li>Production water well and monitoring wells (US$240K)</li> <li>Initial mining permits and engineering (US$300K)</li> </ul> <h2 style="text-align: center;">Executive Leadership Team Expansion</h2> In February, Lindsay Gorrill, current Chairman and immediate past Chief Financial Officer, was appointed Chief Executive Officer, effective February 9, 2026. Mr. Gorrill brings more than 30 years of experience building mines and companies from discovery through full-scale production. [OWNERSHIP_CHART-6021] <h2 style="text-align: center;">Shares Outstanding</h2> <ul> <li>119.7 million</li> </ul> <h2 style="text-align: center;">Significant Shareholders</h2> <ul> <li>Myrmikan Capital LLC: 26,976,707 shares</li> <li>Lindsay Edward Gorrill (CEO & Chairman): 30,856,913 shares</li> </ul> <h2 style="text-align: center;">Key Charts: Technical Analyst Opinion</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642460625_1.png" alt="" width="624" height="731" /> Star Gold has good synergy with the resource-heavy CDNX index… and solid outperformance when the index rallies. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642460645_2.png" alt="" width="624" height="611" /> The large inverse H&S pattern on this weekly CDNX chart begins in 2013. The minimum target of the CDNX is 2000. Stochastics is oversold and looping up into a buy signal. This could be bullishly significant, given that the right shoulder of the pattern is late stage. Also, given the consistent outperformance of Star Gold during CDNX rallies, high long-term price targets for the stock are reasonable considerations. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642460711_3.png" alt="" width="624" height="611" /> The long-term base pattern for Star Gold extends back to 2013, like the CDNX. Volume has been this high before… but not consistently, as it is now. Stock price at time of writing (April 23, 2026): Approx. US$0.13 Short-Term Technical Price Target: US$0.20 Long-Term Technical Price Target: US$5.40 Technical Rating: Strong Speculative Buy You can view recent news releases <a href="https://www.stockwatch.com/Quote/Detail?U:SRGZ">here</a>. <a href="https://www.streetwisereports.com/pub/co/6021?utm_medium=feed" target="_blank" rel="noopener">For more content on Star Gold published on Streetwise Reports, please click here.</a> <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li> <div class="x_elementToProof">Star Gold Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</div> </li> <li> <div class="x_elementToProof">For this article, Star Gold Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.</div> </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Star Gold Corp. </li> <li>Author Certification and Compensation: Stewart Thomson was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Thomson is a retired Canadian financial advisor who has passed the Canadian Securities Course as well as additional technical analysis courses that were mandated by his former employer and approved by Ontario regulatory bodies. For the past 15 years, he has been editing and writing numerous financial newsletters that have a strong focus on charts. The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services, or securities of any company.</li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31040"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31040" width="0" height="0"> ( Companies Mentioned: SRGZ:OTCQB, ) Mon, 27 Apr 2026 00:00:00 PST Copper Pivot and 10-for-1 Rollback Signal Strategic Reset https://www.streetwisereports.com/article/2026/04/24/copper-pivot-and-10-for-1-rollback-signal-strategic-reset.html Source: <a href="https://www.streetwisereports.com/article/2026/04/24/copper-pivot-and-10-for-1-rollback-signal-strategic-reset.html?utm_medium=feed">Streetwise Reports 04/24/2026</a> Giant Mining Corp. (CSE: BFG; OTC: BFGFF; FWB: YW5) announced a proposed name change to Copper One Resources Corp., a 10-for-1 share consolidation, and an option to earn up to 100% of the Redhill Property in British Columbia.<a href="https://www.streetwisereports.com/pub/co/11069?utm_medium=feed" target="_blank" rel="noopener">Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5)</a> announced <a href="https://giantminingcorp.com/news/giant-mining-name-change-copper-one-resources/" target="_blank" rel="noopener">that it intends to change its name to "Copper One Resources Corp.," reflecting a stated focus on copper exploration and development. </a>The proposed name change has been approved by the company's board of directors and remains subject to approval from the Canadian Securities Exchange. The company stated it will issue a further news release upon receiving approval, including the effective date of the name change and a planned share consolidation. The company also intends to consolidate its common shares on a 10-for-1 basis. Giant Mining currently has 237,189,466 common shares issued and outstanding, which would be reduced to approximately 23,718,947 shares following the consolidation, prior to the treatment of fractional shares. Fractional shares will not be issued and will be rounded in accordance with Canadian Securities Exchange policies. Following completion, the company's shares will continue to trade under the symbol "BFG" and will be assigned new CUSIP and ISIN numbers. <a href="https://giantminingcorp.com/news/giant-mining-name-change-copper-one-resources/" target="_blank" rel="noopener">David C. Greenway, President and CEO, stated</a>, "The proposed name change to Copper One Resources Corp. marks an important step in aligning our corporate identity with our strategic focus on copper, a metal that is fundamental to global economic development and the ongoing energy transition." <a href="https://giantminingcorp.com/news/redhill-property-option-agreement-bc-giant-mining/" target="_blank" rel="noopener">Separately, the company announced that it has entered into an option agreement dated April 21, 2026, with Homegold Resources Ltd., Johan Thom Shearer Ltd., and Bessor Minerals Inc., under which it has the right to earn up to a 100% interest in the Redhill Property in British Columbia.</a> The property is located south of Ashcroft in the Kamloops Mining District and consists of 18 mineral claims totaling approximately 4,736.38 hectares. The Redhill Property hosts volcanogenic massive sulphide mineralization. Historical exploration, including work by Teck Resources Limited, identified zones of hydrothermal alteration and copper mineralization. Drilling conducted in 2022 by Bessor Minerals Inc. reported intercepts including 9 meters grading 0.61% copper and 0.55% zinc, and 2.32 meters grading 0.56% copper. Under the agreement terms, the company may earn a 100% interest through a series of cash payments beginning with CA$20,000 upon execution, followed by staged payments through the 10th anniversary totaling CA$500,000, along with required exploration expenditures beginning at CA$100,000 in the first year and increasing to CA$300,000 by the fifth year. Completion of the transaction remains subject to customary conditions, including regulatory approvals. <h2 style="text-align: center;">Copper Prices Hold Near Highs</h2> <a href="https://source.benchmarkminerals.com/article/five-copper-market-takeaways-from-cesco-week-2026" target="_blank" rel="noopener">According to an April 21 report from Benchmark Mineral Intelligence, market participants gathered at CESCO Week 2026 as copper prices were nearing all-time highs</a>, while "exchange stocks remain swollen, and TCs continue to fall." The report noted that copper concentrate treatment and refining charges declined significantly, with one tender reportedly closing at US$-78 per tonne and other trades falling below US$-110 per tonne. It added that "the trend for smelter purchasing is downward," with multiple sources indicating that higher sulphuric acid prices had influenced smelter economics and contributed to ongoing pressure on TC/RCs. Benchmark Mineral Intelligence also reported that the pricing environment had diverged from underlying supply and demand conditions. One trader source stated that "the copper price is completely unhinged from the fundamentals," citing factors such as elevated inventories, financial market activity, and expectations tied to long-term supply dynamics. The same report noted that visible exchange stocks remained at multi-decade highs and that the copper market had recorded a supply surplus of 616,000 tonnes in the prior year. <a href="https://www.indexbox.io/blog/copper-futures-rebound-above-6-per-pound-on-china-restocking/" target="_blank" rel="noopener">A separate April 23 report from Trading Economics, as cited by IndexBox, stated that copper futures "moved back above the US$6 per pound mark,"</a> supported by increased restocking activity in China ahead of the Labor Day holiday period. The report noted that Chinese smelters reached a record refined copper output of 1.33 million tons in March, which it described as "the highest volume recorded in data that extends back to 1990." This increase was attributed to higher sulphuric acid prices, which "helped boost output and improve industry margins." The same report indicated that production was expected to ease in subsequent months due to seasonal maintenance. <a href="https://www.miningweekly.com/article/global-refined-copper-market-to-swing-to-surplus-in-2026-group-says-2026-04-23" target="_blank" rel="noopener">Reuters reported on April 23 that the International Copper Study Group expected the global refined copper market to shift to a surplus of 96,000 metric tons in 2026, </a>reversing an earlier forecast deficit. The group stated that this shift reflected slower demand growth and increased secondary production. It is projected that global refined copper usage will grow by 1.6% in 2026, with Chinese demand rising by 1.9%, while consumption in regions such as the European Union and Japan is expected to remain subdued. At the same time, the group indicated that global refined copper production was forecast to expand by 0.4% in 2026, constrained by limited concentrate availability, before increasing further in 2027 as additional capacity comes online. <h2 style="text-align: center;" data-start="0" data-end="86">Technical Report Reviewed Exploration Activity and Assigned Speculative Buy Rating</h2> 1<a href="https://www.streetwisereports.com/article/2026/02/11/a-us-copper-story-re-emerges-as-policy-geology-and-the-chart-align.html?m_t=2026_02_11_11_55_21&utm_medium=feed" target="_blank" rel="noopener">According to a February 11 report from John Newell of John Newell & Associates, Giant Mining Corp. was identified as "a U.S.-focused copper exploration company listed on the CSE, with its primary asset being the Majuba Hill Copper Project in Nevada."</a> The report stated that the company had advanced the project over several years "through drilling, geophysics, and geological modeling, steadily building a large technical dataset while operating in one of the most mining-friendly jurisdictions in the world." Newell described the Majuba Hill project as "a large, porphyry-style copper system located in Pershing County, Nevada, roughly 70 miles southwest of Winnemucca," and noted that it "benefits from excellent infrastructure, road access, nearby power, and a long history of mining activity." He added that "historic underground production at Majuba Hill dates back to the early 1900s and includes copper, silver, gold, and tin." The report stated that exploration activity had included multiple drilling campaigns conducted between 2020 and 2025, noting that "Giant Mining has completed more than 100 drill holes totaling over 80,000 feet of drilling." Newell wrote that more recent programs "have focused on expanding known copper mineralization, testing deeper sulphide targets, and following up on resistivity anomalies generated through modern geophysics and AI-assisted targeting." The report also referenced an additional asset, stating that the company "holds a 20% ownership interest in the Friday Gold Project, located in the Orogrande Mining District of Idaho, approximately 16 kilometers south-southwest of Elk City." It noted that the project hosts "a historical NI 43-101 mineral resource estimate totaling more than 1.2 million ounces of gold across indicated and inferred categories at grades near 1.0 g/t gold, based on a 2013 technical report." Regarding leadership, Newell stated that the company "is led by a management team that combines capital markets experience with deep technical and operational expertise in copper exploration and development," adding that David Greenway "brings more than 20 years of experience in building, financing, and advancing public companies, with a strong emphasis on the resource sector." Newell assigned the company a Speculative Buy rating and set a long-term target price of CA$2.74. <h2 style="text-align: center;">Advancing Projects and Exploration Activity</h2> <a href="https://giantminingcorp.com/Giant-Mining-Investor-Deck.pdf" target="_blank" rel="noopener">The company's investor materials outlined ongoing exploration work at its Majuba Hill Project in Nevad</a>a, described as a copper-silver-gold deposit. A multi-phase drilling program was conducted between 2020 and 2025, with the 2025 Phase 1 program completing five drill holes totaling 5,484.5 feet. The drilling included follow-up and extension holes based on prior programs, as well as a fifth hole targeting a resistivity anomaly identified through AI-assisted modeling. Core samples from the program were processed and submitted for analysis, with drilling designed to test deeper mineralized zones and previously identified targets. Additional drilling details included individual hole depths such as 889.5 feet for MHB-32, 936 feet for MHB-33, and 1,963 feet for MHB-34. The program also incorporated geological mapping, sampling, and geophysical targeting methods. [OWNERSHIP_CHART-11069] The company also reported holding a 20% interest in the Friday Gold Project in Idaho, where historical resource estimates from a 2013 technical report outlined indicated resources of 647,000 ounces of gold and inferred resources of 590,000 ounces, based on approximately 30,480 meters of drilling. The company stated that samples from recent drilling programs were processed at its facility in Elko, Nevada, before being sent to ALS Labs for analysis, and that exploration work has included drilling, geophysical surveys, and geological studies aimed at expanding known mineralization zones. <h2 style="text-align: center;">Ownership and Share Structure2</h2> Roughly 15.1% of Giant Mining's shares are held by insiders, while the rest are owned by retail investors. The company's market capitalization is approximately CA$22.16 million. Giant has 116.2 million shares outstanding and a 52-week range of US$0.0880 and US$0. 0.3175. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Giant Mining is a billboard sponsor of Streetwise Reports and pay SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Giant Mining.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Disclosure for the quote from the John Newell article published on February 11, 2026 <ol start="1" type="1"> <li>For the quoted article (published on February 11, 2026), Giant Mining has paid Street Smart, an affiliate of Streetwise Reports, US$2,500.</li> <li>Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31038"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31038" width="0" height="0"> ( Companies Mentioned: CSE: BFG;OTC:BFGFF;FWB:YW5, ) Fri, 24 Apr 2026 00:00:00 PST Exploration Co. Discovers 184m Gold Breakthrough in Arizona Drill Campaign https://www.streetwisereports.com/article/2026/04/23/exploration-co-discovers-184m-gold-breakthrough-in-arizona-drill-campaign.html Source: <a href="https://www.streetwisereports.com/article/2026/04/23/exploration-co-discovers-184m-gold-breakthrough-in-arizona-drill-campaign.html?utm_medium=feed">Streetwise Reports 04/23/2026</a> West Point Gold Corp. (WPG:TSXV; WPGCF:OTCQB) reports 184.4m at 1.00 g/t Au with high-grade 8.11 g/t zones in Arizonas Gold Chain Project.West Point Gold Corp. (WPG:TSXV; WPGCF:OTCQB) <a href="https://www.newsfilecorp.com/release/293887" target="_blank" rel="noopener">announced drill results</a> from the Tyrone Main Zone at its flagship Gold Chain Project in Arizona, U.S,. on April 23, 2026. So far, results for seven reverse circulation (RC) drill holes have been reported, roughly 1,419 meters of the company's current 20,000-meter drill program. Over 16,000 meters of drilling have been completed so far. <a href="https://www.newsfilecorp.com/release/293887" target="_blank" rel="noopener">Highlighted results include</a>: <ul> <li>Hole GC26-116 returned 22.9m of 3.11 g/t Au (gold) from 102.1m to 125.0m.</li> <li>Hole GC26-120 returned 9.1m of 2.57 g/t Au from 125.0m to 134.1m, expanding gold mineralization to the north and to depth.</li> <li>Hole GC26-125 returned 184.4m of 1.00 g/t Au from the surface and included 10.7m of 8.11 g/t Au from 96.0 to 106.7m and 35.1m of 1.31 g/t Au from 106.7 to 141.7m. This hole was drilled nearly parallel to the vein system's strike to confirm that gold mineralization in this portion of the Tyro Main Zone is composed of several en-echelon zones of greater quartz vein density.</li> <li>Currently, all three rigs (2 RC, 1 core) are drilling across the Tyro Main and NE Tyro targets, increasing West Point Gold's understanding of the Tyro deposit along strike, at depth and internally.</li> </ul> In the press release, <a href="https://www.newsfilecorp.com/release/293887" target="_blank" rel="noopener">President and CEO, Derek Macpherson, said</a>, "Drill results from the Tyro Main zone continue to demonstrate this zone's potential over its plus one-kilometer strike length. Confirmation of these en-echelon zones within the southern portion of the Tyro Main zone is expected to help with grade optimization in the ongoing effort to define a maiden resource at Tyro later this year. We continue to aggressively drill Gold Chain as we approach the completion of the current 20,000m drill program. Results are pending from multiple step-out targets, including holes focused on expanding the high-grade zone at NE Tyro to the northeast." A breakdown of specific <a href="https://www.newsfilecorp.com/release/293887" target="_blank" rel="noopener">results per hole</a> follows: <ul> <li>GC26-116: This hole was designed to traverse the entire Tyro Main Zone (Figure 2) and encountered 22.9m of 3.11 g/t Au. The true width of this intercept should be about 18m hosted in Precambrian granite.</li> <li>GC26-118: Hole GC26-118 was designed to drill northward to test continuity between the Tyro Main and Northeast zone. A broad zone of anomalous gold values was traversed, but all values were less than 0.7 g/t Au.</li> <li>GC26-120: This hole was designed to traverse the entire Tyro Main Zone, where previous drilling suggests that the mineralized package has diminished in width. The hole encountered 9.1m at 2.57 g/t Au from 125.0 to 134.1m.</li> <li>GC26-122: Hole GC26-122 was designed to test the model by drilling northerly at a shallow angle (-55 degrees) and encountered four distinct mineralized intervals summarized in Table 1.</li> <li>GC26-124: This hole was drilled due north from the top of Decimal Hill (Figure 2) to provide additional testing of the footwall limit upon mineralization. The hole was collared in strong chalcedony-dominant veins and breccia, but quickly traversed the footwall structure beyond which little veining was observed (Table 1).</li> <li>GC26-125: Hole GC26-125 was drilled in close proximity to the intersection with the White Spar fault (Figure 2) and was oriented NE and parallel to the Tyro Structural Corridor's trend. The hole was moderately inclined (50 degrees) and designed to traverse all internal, mineralized zones. The hole encountered continuous veins and veinlets and cut 184m (0 - 184.4m) at 1.00 g/t Au (Table 1), including 10.7m at 8.11 g/t Au adjacent to 35.1m at 1.31 g/t Au.</li> <li>GC26-127: This hole was drilled in close proximity to hole GC26-125 (Figure 2) but was oriented more perpendicular to the internal mineralized zones and achieved similar results to GC26-125. The hole cut 88.6m at 0.80 g/t Au, including 16.8m at 2.14 g/t at 111.3 to 128.0m.</li> </ul> The company's current main effort is focused on defining this mineralized structural corridor to a depth of 300 meters below the surface vein exposures to identify internal heterogeneities in width and grade. Ideally, West Point Gold hopes to define a maiden resource in late 2026. West Point Gold is a mining exploration company headquartered in Vancouver, BC, that focuses on gold mining in the American Southwest. The company's flagship project, Gold Chain, is in Arizona, and it holds three targets in Nevada — all of which fall along the Walker Lane Trend. <h2 style="text-align: center;">Gold Makes Move to Fundamental Market</h2> Tensions in the Middle East have been flaring since the start of the U.S.-Iran-Israel War, leading to confusion in the metals markets. Despite some wavering, gold has maintained its appeal as a safe-haven asset. On April 22, <a href="https://www.kitco.com/news/article/2026-04-22/switzerlands-gold-exports-rise-30-investors-seek-safe-haven-amid-global" target="_blank" rel="noopener">Ernest Hoffman weighed in for Kitco</a>, noting that Swiss gold exports rose 30% in March. Hoffman quoted Nina-Alessa Michel, policy advisor for regulation and economics at the Swiss Bankers Association, as saying, "Against a backdrop of geopolitical and economic tensions and rising government debt, demand for safe investments is increasing. Despite its role as a safe haven, however, gold has been proving rather more volatile than we might expect. Its price has recently undergone massive swings in various market phases, such as falling by 14% in the space of three days when Donald Trump nominated the next Chairman of the U.S. Federal Reserve, also placing assets like silver and Bitcoin under pressure." Michel went on to say, "Movements like this clearly show that gold isn't always the safest of havens and can, in fact, react sensitively to geopolitical and monetary policy shifts. Geopolitical developments act as a strong catalyst for gold demand. Analyses have demonstrated that investors increasingly seek out safe havens while global capital markets are beset by fragmentation, conflicts, and changing balances of power." Still, gold has done well after the market open on April 23, with<a href="https://www.kitco.com/news/article/2026-04-23/spot-gold-approaches-session-high-after-us-weekly-jobless-claims-rise-214k" target="_blank" rel="noopener"> Ernest Hoffman for Kitco writing</a> this morning that, "Spot gold continued to rise closer to session highs after spiking to US$4,753.79 just after 9:00 pm, and last traded at US$4,739.28 per ounce for a flat performance on the daily chart." Experts are optimistic that after eight weeks of war and constantly changing news, gold's volatility may be settling. <a href="https://finance.yahoo.com/markets/commodities/articles/gold-recovers-two-day-drop-055855723.html" target="_blank" rel="noopener">A Bloomberg article by Yihui Xie, Jack Ryan, and Yvonne Yue Li </a>on April 22 suggested that gold has moved from a speculative market to a more fundamental market, with the hope that this shift will keep its price steady. <h2 style="text-align: center;">Most Recent Rating is 'Buy'</h2> According to FactSet on April 9, 2026, ATB Cormark Capital Markets analyst Nicolas Dion gave West Point Gold a 'Buy' rating with a CA$2.75 target price. FactSet also reported that on April 21, 2026, SCP Equity Research analyst Brandon Gasper also gave the company a 'Buy' rating with a CA$2.40 target price. On April 23, 2026, Chen Lin of What is Chen Buying? What is Chen Selling? wrote of the company: "WPG.v continued to hit. Every hole hit gold in the last round of 7 holes RC drilling. The best results are 22.9m of 3.11g/t and 184.4m of 1g/t. Separately, WPG also released improved metallurgical results for recovery up to 92%. I will be visiting them in two weeks."[OWNERSHIP_CHART-11225] <h2 style="text-align: center;">A Partnership & More Drill Campaigns</h2> <a href="https://westpointgold.com/investors/" target="_blank" rel="noopener">West Point cites</a> the ongoing drill program at Gold Chain as a catalyst for upcoming investment, with results from several holes still outstanding. Development of its Jefferson Canyon partnership with Kinross Gold Corp. (K:TSX; KGC:NYSE) is also underway. The project is awaiting permit approval, and the company hopes to implement a 5,000-meter drill program at the Baxter Spring site. Its Tip Top site is also being prepped for drilling. <h2 style="text-align: center;">Ownership & Share Information1</h2> West Point Gold Corp. has a market cap of CA$106.86 million, with 134.69 million shares outstanding. The company's 52-week range is CA$0.29 to CA$2.17. Management and Insiders own 6.2% of shares, while 15.6% of shares are held by Institutions. The remaining 78.2% of shares are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of West Point Gold Corp.</li> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31037"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31037" width="0" height="0"> ( Companies Mentioned: WPG:TSXV; WPGCF:OTCQB, ) Thu, 23 Apr 2026 00:00:00 PST Gold-Silver Producer Advances Massive 60,000m Drill Program in Alaska, Canada https://www.streetwisereports.com/article/2026/04/23/gold-silver-producer-advances-massive-60-000m-drill-program-in-alaska-canada.html Source: <a href="https://www.streetwisereports.com/article/2026/04/23/gold-silver-producer-advances-massive-60-000m-drill-program-in-alaska-canada.html?utm_medium=feed">Streetwise Reports 04/23/2026</a> Contango Silver and Gold (CTGO:TSX; CTGO:NYSE) receives a substantial cash distribution from the Peak Gold joint venture. Find out why one analyst raised the stock's target price.Contango Silver and Gold (CTGO:TSX; CTGO:NYSE) announced a significant cash distribution of US$9 million from the Peak Gold joint venture on March 25, <a href="https://contangoore.com/contango-announces-9-0-million-cash-distribution-from-the-peak-gold-jv-and-update-on-2026-exploration-plans/" target="_blank" rel="noopener">according to an April 22 release</a>. This distribution marks a positive financial influx for Contango as it embarks on an ambitious exploration and development schedule for the year. The Peak Gold JV has already completed the first of its four planned campaigns for 2026, with the next set to start in mid-May. Looking ahead, Contango detailed its operational roadmap for 2026, aiming to advance its portfolio of advanced exploration-stage projects. The company's exploration program for the year includes several key initiatives: conducting a sustained underground drill program at the Lucky Shot project to support a feasibility study due by the first half of 2027; undertaking crucial infrastructure construction and permitting at the Johnson Tract critical metals project; and completing an updated mineral resource estimate (MRE) at the Kitsault Valley project, followed by an extensive drilling program to lay the groundwork for a preliminary development plan also expected in the first half of 2027. "The US$9 million cash distribution from the Peak Gold JV underscores the unique strength of our business model — using cash flow from our producing mine operations to fund the aggressive advancement of our 100%-owned assets," Contango Chief Executive Officer Rick Van Nieuwenhuyse said. "We are hitting the ground running in 2026 with the strongest balance sheet and the most aggressive operational schedule in our company's history." Van Nieuwenhuyse continued, "With nearly 60,000 meters of drilling and important infrastructure work planned in 2026, we are rapidly advancing and derisking our Tier 1 assets toward production. This is a year of execution, and we are fully funded to deliver on the milestones that will define our next chapter as a leading silver and gold developer in Alaska and British Columbia." <h2 style="text-align: center;">2026 Program Is Fully Funded</h2> Financially, the 2026 program is fully funded and designed to foster high-margin growth and systematic project derisking, the release noted. At Lucky Shot, 5,900 meters of underground drilling have been completed as of April 21, with plans to finish an additional 12,100 meters of surface and underground drilling within the year. This drilling is part of a US$21-million investment aimed at underpinning the upcoming feasibility study. At the Johnson Tract, a US$17-million budget for 2026 will cover significant developments including the construction of a three-mile access road, winterization of the camp for year-round operations, and the mobilization of equipment for portal site preparation, Contango said. This phase also includes critical environmental permitting for the road and barge landing facilities under the FAST-41 program. In the Kitsault Valley, following the completion of a new MRE expected by the end of Q2, a transformative 40,000-meter surface drilling program is slated to begin in June. This US$25-million campaign is designed to infill known mineral resources and test high-priority exploration targets, setting the stage for a preliminary development plan in the form of a preliminary economic analysis/initial assessment (PEA/IA) for the Kitsault Valley assets later in the year. Throughout these operations, Contango said it remains dedicated to transparent and proactive community outreach, ensuring that the company’s growth is in harmony with local partnerships. Contango announced that its common stock started trading on the Toronto Stock Exchange (TSX) under the symbol "CTGO" as of April 13. This development follows the company's existing listing on the New York Stock American Exchange (NYSE American). Contango is actively engaged in the exploration, development, and production of gold and associated minerals primarily in Alaska and the Golden Triangle in British Columbia. The company holds significant interests and leases across various projects in these regions, including a 30% stake in the Peak Gold JV currently in production, and controls a substantial land area for exploration and development. Other notable projects include the Johnson Tract project, the Lucky Shot project, and extensive mineral rights in Alaska and British Columbia, positioning Contango as a significant player in the North American mining industry. Last month, <a href="https://www.streetwisereports.com/article/2026/04/13/silver-gold-producer-launches-tsx-trading-breakthrough-in-canada.html?utm_medium=feed" target="_blank" rel="noopener">Contango and Dolly Varden Silver announced the successful completion of their merger</a>, which was approved by both shareholders and the courts. The merged entity, continuing under the name Contango Silver & Gold Inc., combines Contango’s profitable Manh Choh gold mine and its advanced exploration projects in Alaska with Dolly Varden's high-grade Kitsault Valley silver-gold project in British Columbia. This merger creates a substantial North American mid-tier precious metals producer with a diverse portfolio ranging from advanced exploration to production, large cash reserves, and minimal debt. The leadership team for the merged company includes Van Nieuwenhuyse as CEO, Shawn Khunkhun as President, and Mike Clark as Executive Vice President and Chief Financial Officer, with Clynt Nauman serving as the board chairman. <h2 style="text-align: center;">Analyst Raises Target Price</h2> <a href="https://www.streetwisereports.com/article/2026/04/15/contango-ore-merger-with-dolly-varden-approved-combined-cash-tops-us-112m.html?utm_medium=feed" target="_blank" rel="noopener">On March 19, ATB Cormark Capital Markets analyst Richard Gray, CFA reaffirmed his Outperform rating</a> on Contango Ore Inc., which is also CTGO on the NYSE. He also increased his price target for the company from US$46 to US$50 following the shareholder approval of the merger with Dolly Varden. This new target suggests a potential total return of approximately 155% from the share price at time of writing. The merger received strong support from shareholders of both companies. During a special meeting on March 17, Contango shareholders passed all necessary proposals to finalize the merger. These included the issuance of new Contango shares to Dolly Varden shareholders at a specified exchange ratio, a significant increase in the authorized share count, and the approval of a new 2026 Omnibus Incentive Plan. On the Dolly Varden side, an overwhelming 98.78% of the votes cast supported the arrangement. A court hearing for final approval was scheduled for March 23, with the merger expected to close shortly after. The terms of the merger stipulate that existing shareholders of both companies will each own about 50% of the new entity on a fully diluted basis, Gray wrote. The combined company starts with approximately US$112 million in cash and US$34 million in debt. Leadership will include executives from both organizations, with Rick Van Nieuwenhuyse from Contango serving as CEO and Shawn Khunkhun from Dolly Varden as President. The merged entity boasts a robust portfolio including the producing Manh Choh mine in Alaska, in which it holds a 30% interest, and high-grade projects like Lucky Shot and Johnson Tract in Alaska, as well as the Kitsault Valley project in British Columbia. The Kitsault Valley project is particularly notable, having historically produced 20 million ounces (Moz) of silver and currently hosting resources of 64 Moz of silver and 1 Moz of gold. Gray's updated pro forma net asset value (NAV) for the combined entity is US$50 per share, reflecting contributions from several key assets and recent financial activities. This includes the valuation of the Manh Choh, Johnson Tract, Lucky Shot, and Kitsault Valley projects, along with cash acquired from Dolly Varden and recent equity financing. Despite a decline in per-share NAV from the previous estimate of US$66, Gray has raised his target multiple to 1.00x NAV from 0.70x, citing the addition of silver optionality through Kitsault Valley, an anticipated Canadian stock listing, and a reduced hedge position. <h2 style="text-align: center;">The Catalyst: Precious Metals See Volatility, But With Potential Upside</h2> Rhona O'Connell, Head of Market Analysis at StoneX, recently discussed the current state of the gold and silver markets, noting a decline in long positions for both metals, <a href="https://www.kitco.com/news/article/2026-04-23/gold-and-silver-have-upside-scope-iran-and-fed-concerns-will-keep-metals" target="_blank" rel="noopener">according to a report by Ernest Hoffman for Kitco News on April 23</a>. Despite this, she said she sees potential upside for gold and silver, although the ongoing conflict in Iran and uncertainties surrounding the leadership transition at the Federal Reserve are likely to deter significant investments in these precious metals in the near term. O'Connell highlighted that the gold and silver markets have been particularly sensitive to developments in the Strait of Hormuz, a critical chokepoint for global oil shipments. She pointed out the volatility in silver prices, which surged by 5% following a now-retracted announcement that the Strait of Hormuz would remain open during the ceasefire, only to close again shortly thereafter. This closure is believed to be a response to the continued U.S. blockade. With negotiations between the U.S. and Iran still showing considerable distance between the parties, O'Connell expects the markets for these metals to remain cautious and volatile. She also noted that professional trading houses are currently hesitant to take large positions due to the unstable geopolitical climate, and exchange-traded funds have been reducing their holdings. Meanwhile, speculators are divided, taking positions on both sides of the market. Adding to the market's nervousness are political developments in the United States. Republican Sen. Thomas Tillis is blocking the appointment of Kevin Warsh as the next Fed Chairman, demanding an end to the Department of Justice’s investigations into cost overruns on Federal Reserve building renovations. President Donald Trump has threatened to remove Jay Powell from office if he remains after May 15, despite legal justifications that may allow Powell to continue. The uncertainty surrounding these events is contributing to market volatility. A recent Kitco News Weekly Gold Survey indicates that both Wall Street and Main Street have returned to a bullish stance on gold, following four consecutive weeks of gains and growing optimism about a potential long-term resolution to the conflict in Iran, <a href="https://www.kitco.com/news/article/2026-04-17/wall-street-predicts-higher-gold-prices-following-regional-ceasefire" target="_blank" rel="noopener">Hoffman noted for Kitco on April 17</a>.[OWNERSHIP_CHART-5439] Rich Checkan, president and COO of Asset Strategies International, expressed a positive outlook, noting, "Up," and elaborating that gold and silver prices have recently benefited from the easing tensions in the Middle East, Hoffman said. According to Checkan, the precious metals have shown upward movement in response to ceasefires and have declined during periods of active hostilities. He suggested that as long as the current fragile ceasefires between the U.S. and Iran, and between Israel and Lebanon hold, gold and silver are likely to continue recovering from their recent price corrections. <h2 style="text-align: center;">Ownership and Share Structure1</h2> About 10% of Contango ORE is held by insiders, about 45% by institutions, and the rest, 45%, is retail. Top shareholders include Franklin Advisers Inc. with 2.49%, John P. Juneau with 2.32%, The Vanguard Group Inc. with 2.2%, Kenneth R. Peak Marital Trust with 2.19%, and BlackRock Institutional Trust Co. with 2.05%. Its market cap is US$758 million with 32.1 million shares outstanding. It trades in a 52-week range of US$12.65 and US$34.38. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Contango Silver and Gold is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Contango Silver and Gold Inc.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31035"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31035" width="0" height="0"> ( Companies Mentioned: CTGO:TSX; CTGO:NYSE, ) Thu, 23 Apr 2026 00:00:00 PST Exploration Co. Discovers Wide Copper Porphyry in Chile Amid Shortage https://www.streetwisereports.com/article/2026/04/27/exploration-co-discovers-wide-copper-porphyry-in-chile-amid-shortage.html Source: <a href="https://www.streetwisereports.com/article/2026/04/27/exploration-co-discovers-wide-copper-porphyry-in-chile-amid-shortage.html?utm_medium=feed">Streetwise Reports 04/27/2026</a> Nobel Resources Corp. (NBLC:TSXV) discovers a large copper porphyry system in Chile, with 0.10.2% Cu and strong indicators for expansion.<a href="https://www.streetwisereports.com/pub/co/11480?utm_medium=feed" target="_blank" rel="noopener">Nobel Resources Corp. (NBLC:TSXV)</a> <a href="https://www.stockwatch.com/News/Item/Z-C!NBLC-3809848/C/NBLC" target="_blank" rel="noopener">announced on April 23, 2026</a>, the initial drill results and planned follow-up work on its Cuprita and Pampa Austral Projects in northern Chile, as well as new management appointments within the company. With the resignation of interim CEO and director, Larry Guy, and the company's corporate secretary new management has come into play. Vernon Arseneau will take over as CEO, and Wanda Roque — an experienced law clerk with a long track record as a corporate secretary — will take over as Nobel's corporate secretary. In addition, Denis Archambault has been appointed as an Independent Director to the board of directors. Mr. Archambault holds a Bachelor of Business from the University and Ottawa and has had a long, fulfilling career as a professional in the real estate and finance industry. Regarding drill results, the drill program at Cuprita intersected a wide section of mineralized and altered porphyry in holes 3, 4, and 5. Nobel discovered anomalous copper values from holes 4 and 5 in the 0.1% to 0.2% range, leading the company to expect a copper-mineralized porphyry system. CEO Vernon Arseneau spoke of the results, saying, "This is the first drill campaign of any kind to test this newly identified large porphyry system. Drilling has confirmed that this is a large, bona fide mineralized porphyry system. We have not yet identified a high-grade copper zone within it, but the geological components strongly support conducting further work on the system. We have commenced with additional geophysical and alteration studies to better target the next phase of drilling." The Company’s drill program at the Cuprita Project is targeting an area centered on an extensive lithocap that was identified by surface mapping on the property during 2025. The lithocap is interpreted to have developed above a porphyry-related hydrothermal system. The presence of a lithocap is a key signature of mineralized porphyries in this region. The lithocap is located along a well-defined structural corridor trending approximately N10°–20°E. Access road construction for the drill program has created new outcrop exposures of the lithocap. While the actual extent is not known, the lithocap extends at least 2 km by 1km under overburden cover. It is located within a broader soil anomaly zone defined by Cu (copper) values above 200 ppm, reaching a maximum of 9,000 ppm Cu in soils. <a href="https://www.stockwatch.com/News/Item/Z-C!NBLC-3809848/C/NBLC" target="_blank" rel="noopener">Key geological and geophysical parameters guiding the drill targeting at Cuprita include</a>: <ul> <li>Located within the Paleocene porphyry copper belt</li> <li>Widespread copper mineralization in outcrops (including small-scale mines) and extensive copper geochemistry anomaly</li> <li>Presence of an extensive leach cap such as commonly associated with porphyry copper deposits in this region</li> <li>Extensive development of tourmaline breccia zones, a common pathfinder for porphyry copper projects in the region</li> <li>IP anomaly and magnetic low associated with the target area, similar to low-pyrite porphyry copper deposits in the region</li> <li>Structural setting similar to major deposits, including El Salvador, Cerro Colorado, Spence, Sierra Gorda, Fortuna — northeast structural corridor crosscut by northwest secondary faults</li> <li>Drill holes CUP-003 and CUP-004 confirm a clear vertical alteration zoning beneath the lithocap, transitioning from argillic to phyllic and propylitic alteration, a characteristic feature of large porphyry copper hydrothermal systems.</li> </ul> Results of the Pampa Austral Project lies within a well-known IOCG belt of Chile and is located approximately 35km north of the town of Diego de Almagro, in the same district as several producing medium and large-scale mines are located within the district. Historical data from the Pampa Austral Project has indicated that ". . . a hole drilled by Farwest Mining in 2004 returned 70m grading 0.7% Cu (including 14m at 2.1% Cu and 0,1 g/t Au) from a specular hematite-rich stockwork zone." Nobel is currently reviewing all historical data in order to design a drill program to evaluate this target in the coming weeks and has submitted the required documentation to Sernagiomin in order to secure a permit. Nobel Resources is a Canadian resource company focused on identifying and developing prospective mineral projects in northern Chile. <h2 style="text-align: center;">Copper Need Outweighs Availability</h2> The copper sector is experiencing soaring demand due to technological developments, and a shortage is growing. "The copper industry is entering a structural deficit, with demand from electrification and AI expected to outpace new mine development. Recycling is essential for filling this gap, but it is not currently capable of meeting the entire deficit on its own . . . A significant long-term deficit is projected, potentially exceeding 6 million tonnes annually by the early 2030s," <a href="https://aheadoftheherd.com/gold-silver-and-copper-market-updates-were-bullish-richard-mills/" target="_blank" rel="noopener">reported Ahead of the Herd</a> on April 22, 2026. "The shortage would be 23.8% shy of the projected demand of 42Mt, even as copper recycling doubles to 10Mt." As a crucial construction and technology component, copper has remained steady in the market. "Copper rose to the highest level in more than a month as most industrial metals rallied on optimism that the U.S. and Iran will restart peace talks. . . Copper rose 1.8% to settle at US$13,284.50 a ton on the London Metal Exchange," <a href="https://www.mining.com/web/copper-price-rises-to-six-week-high-as-iran-talks-hope-aids-metals/" target="_blank" rel="noopener">reported Mining.com on April 14, 2026</a>. On the same day, <a href="https://tavicosta.substack.com/p/the-mining-cycle?utm_source=post-email-title&publication_id=7636229&post_id=194257271&utm_campaign=email-post-title&isFreemail=false&r=4uo03n&triedRedirect=true&utm_medium=email" target="_blank" rel="noopener">Tavi Costa agreed</a>, noting that, "Copper has remained remarkably resilient despite the recent broader market selloff, and it increasingly looks like a metal setting up for a meaningful move higher." Some investors and experts have a more cautious view of the metal, though, waiting for war news before making a solid statement. For the site, on April 16, 2026, <a href="https://www.investing.com/news/commodities-news/copper-prices-rose-to-highest-in-more-than-a-month-on-potential-end-to-iran-war-4616064" target="_blank" rel="noopener">Jaiveer Shekhawat wrote</a> for Investing.com: "However, the global outlook remains cautious, with institutions like Goldman Sachs and Citi projecting a surplus market and potential price downside amid macroeconomic uncertainties. Trade data also reflects softer demand, with China's refined copper imports declining, although concentrate imports have increased." <h2 style="text-align: center;">Newell says Nobel Could be Rare</h2> 1In a contributed opinion piece for Streetwise Reports, <a href="https://www.streetwisereports.com/article/2025/12/23/a-drill-ready-copper-opportunity-in-one-of-the-worlds-best-copper-belts.html?m_t=2025_12_23_13_50_48&utm_medium=feed" target="_blank" rel="noopener">John Newell of John Newell and Associates wrote about Nobel Resources</a> on December 23, 2025. Newell rated the company as a 'Speculative Buy', noting that, "Nobel Resources Corp. is positioning itself to become a copper discovery company at a time when new discoveries in tier-one jurisdictions are increasingly rare." He continued, saying, "I view Noble Resources as a Speculative Buy for investors who understand exploration risk and are looking for leverage to copper discovery in a world-class jurisdiction." [OWNERSHIP_CHART-11480] <h2 style="text-align: center;">New Property to Explore</h2> <a href="https://www.nobel-resources.com/_resources/presentations/corporate-presentation.pdf?v=0.192" target="_blank" rel="noopener">Nobel intends</a> to explore its Anais property, which is located near Manto Verde Mine and within a metallogenic belt that includes large copper deposits. This is a ready-to-drill project in which the company hopes to discover high-grade copper-gold mineralization. <h2 style="text-align: center;">Ownership & Share Information2</h2> Nobel Resources Corp. has a market cap of CA$10.47 million, with 209.40 million shares outstanding. The company's 52-week range is CA$0.02-CA$0.17. Management & Insiders hold 8.38% of shares, while the remaining 91.62% of shares are by retail Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> Important Disclosures:<ol> <li>Nobel Resources Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Nobel Resources Corp.</li> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> 1. Disclosure for the quote from the John Newell article published on December 23, 2025 <ol start="1" type="1"> <li>For the quoted article published on December 23, 2025, Nobel Resources Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$2,500.</li> <li>Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31034"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31034" width="0" height="0"> ( Companies Mentioned: NBLC:TSXV, ) Mon, 27 Apr 2026 00:00:00 PST Exploration Co. Secures 4,711ha Gold Breakthrough in Saskatchewan https://www.streetwisereports.com/article/2026/04/23/exploration-co-secures-4-711ha-gold-breakthrough-in-saskatchewan.html Source: <a href="https://www.streetwisereports.com/article/2026/04/23/exploration-co-secures-4-711ha-gold-breakthrough-in-saskatchewan.html?utm_medium=feed">Streetwise Reports 04/23/2026</a> Trident Resources Corp. (ROCK:TSXV; TRDTF:OTCMKTS) secures 4,711ha in Saskatchewans La Ronge Belt, adding high-priority gold targets near core assets.On April 21, 2026, Trident Resources Corp. (ROCK:TSXV; TRDTF:OTCMKTS) announced both <a href="https://www.tridentresourcescorp.com/news-and-media/news/trident-resources-announces-closing-of-purchase-of-additional-4711-hectares-at-the-contact-lake-gold-and-greywacke-gold-projects" target="_blank" rel="noopener">its approval to be listed on the TSX Venture Exchange and the closing of its property purchase</a> from Eagle Plains Resources Ltd. (EPL:TSX.V). Trident will acquire 4,711 hectares within the La Ronge Gold Belt in Northern Saskatchewan, Canada. Highlights of the property acquisition include: <ul> <li>Attractive acquisition price consisting of a small cash payment</li> <li>Highly prospective mineral dispositions that are contiguous with Trident’s core high-grade gold projects of Contact Lake and Greywacke Lake</li> <li>Multiple high-priority targets on the newly acquired dispositions that are on trend with Trident's main assets in the La Ronge Gold Belt</li> </ul> Trident exchanged CA$5,000 for 100% ownership of the land, granting Eagle Plains a 2% net smelter returns royalty, which Eagle Plains may purchase 50% of (1%) for CA$1 million. A Canadian public mineral exploration company, Trident, focuses on advanced-stage gold and copper exploration projects in Saskatchewan. <h2 style="text-align: center;">War Uncertainty Settling</h2> Tensions in the Middle East have been flaring back and forth for weeks now, leading to a bit of whiplash in the metals markets. Despite some wavering, gold has maintained its appeal as a safe-haven asset. On April 22, <a href="https://www.kitco.com/news/article/2026-04-22/switzerlands-gold-exports-rise-30-investors-seek-safe-haven-amid-global" target="_blank" rel="noopener">Ernest Hoffman also weighed in for Kitco</a>, noting that Swiss gold exports rose 30% in March. Hoffman quoted Nina-Alessa Michel, policy advisor for regulation and economics at the Swiss Bankers Association, as saying, "Against a backdrop of geopolitical and economic tensions and rising government debt, demand for safe investments is increasing. Despite its role as a safe haven, however, gold has been proving rather more volatile than we might expect. Its price has recently undergone massive swings in various market phases, such as falling by 14% in the space of three days when Donald Trump nominated the next Chairman of the U.S. Federal Reserve, also placing assets like silver and Bitcoin under pressure." Michel went on to say, "Movements like this clearly show that gold isn't always the safest of havens and can, in fact, react sensitively to geopolitical and monetary policy shifts. Geopolitical developments act as a strong catalyst for gold demand. Analyses have demonstrated that investors increasingly seek out safe havens while global capital markets are beset by fragmentation, conflicts, and changing balances of power." Still, gold has done well after the market open on April 23, with<a href="https://www.kitco.com/news/article/2026-04-23/spot-gold-approaches-session-high-after-us-weekly-jobless-claims-rise-214k" target="_blank" rel="noopener"> Ernest Hoffman for Kitco writing</a> this morning that, "Spot gold continued to rise closer to session highs after spiking to US$4,753.79 just after 9:00 pm, and last traded at US$4,739.28 per ounce for a flat performance on the daily chart." Experts are optimistic that after eight weeks of war and constantly changing news, gold's volatility may be settling. <a href="https://finance.yahoo.com/markets/commodities/articles/gold-recovers-two-day-drop-055855723.html" target="_blank" rel="noopener">A Bloomberg article by Yihui Xie, Jack Ryan, and Yvonne Yue Li </a>on April 22 suggested that gold has moved from a speculative market to a more fundamental market, with the hope that this shift will keep its price steady. <h2 style="text-align: center;">Stock 'Destined to Be a Ten-Bagger', Says Expert</h2> According to FactSet on February 6, 2026, Fundamental Research Corp. Analyst Sid Rajeev gave Trident a Buy rating with a CA$4.27 target price. On April 17, 2026,<a href="https://www.streetwisereports.com/article/2026/04/17/a-wealth-of-good-news-for-trident-aztec-and-tiger-gold.html?utm_medium=feed" target="_blank" rel="noopener"> Bob Moriarty told Streetwise Reports in a contributed opinion piece</a> that, "<a href="http://www.321gold.com/editorials/moriarty/moriarty112425.html" target="_blank" rel="noopener">I apprised my readers of the saga back in November</a> when the market valuation totaled a mere CA$45 million. Presently, it stands at CA$113 million for a 150% increase since that period." [OWNERSHIP_CHART-11417] Moriarty continued, "And now they want to unleash even more colossal results in the form of <a href="https://www.tridentresourcescorp.com/news-and-media/news/trident-intersects-461-gt-au-over-3848m-from-7700m-including-548-gt-over-2614m-from-hole-26028--200m-ene-of-2025-drilling-hole-26025-intersects-1197-gt-over-1070m-from-32420m-at-contact-lake-expands-winter-drill-program" target="_blank" rel="noopener">a press statement</a> from April 15 detailing Hole CL26028 at 4.61 g/t gold over 38.48 meters. That equates to a 177 gram/meter hole. Anything surpassing 100 gram/meters is outstanding." With a positive backing, Moriarty ended his piece saying, "I believe the corporation is destined to be a ten-bagger in due course. With CA$32 million in the coffers as far as cash and tradable securities, the enterprise is robustly financed for a mound of drilling." <h2 style="text-align: center;">Multiple Projects Advancing</h2> <a href="https://www.tridentresourcescorp.com/news-and-media/news/trident-resources-announces-closing-of-purchase-of-additional-4711-hectares-at-the-contact-lake-gold-and-greywacke-gold-projects" target="_blank" rel="noopener">According to Trident's website</a>, the company is ". . . aggressively advancing its 100% owned Contact Lake and Greywacke Lake projects, which host significant historical gold resources located within the prospective and underexplored La Ronge Gold Belt, as well as the 100% owned Knife Lake copper project, which contains a historical copper resource." <h2 style="text-align: center;">Ownership & Share Information1</h2> Trident Resources Corp. has a market cap of CA$106.09 million, with 39.29 million shares outstanding. The company's 52-week range is CA$0.50-CA$3.70. Institutions own 5.08% of shares, while Management & Insiders own 3.62%. The remaining 91.3% of shares are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31032"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31032" width="0" height="0"> ( Companies Mentioned: ROCK:TSXV;TRDTF:OTCMKTS, ) Thu, 23 Apr 2026 00:00:00 PST Washington Tungsten Company: Project Expansion & New Stock Price Targets https://www.streetwisereports.com/article/2026/04/23/washington-tungsten-company-project-expansion-new-stock-price-targets.html Source: <a href="https://www.streetwisereports.com/article/2026/04/23/washington-tungsten-company-project-expansion-new-stock-price-targets.html?utm_medium=feed">Stewart Thomson 04/24/2026</a> Technical Analyst Stewart Thomson shares his thoughts on Adamera Minerals Corp. (ADZ:TSX.V) in light of its recent update on the Tungsten Ridge project.<a href="https://www.streetwisereports.com/pub/co/6736?utm_medium=feed" target="_blank" rel="noopener">Adamera Minerals Corp.'s (ADZ:TSX.V)</a> most notable current update relates to its Tungsten Ridge project. On March 31, 2026, Adamera staked over 1,300 acres of additional claims, expanding its exposure to tungsten, copper, silver, and molybdenum mineralization. This move marks a shift toward broader polymetallic and critical mineral exposure, rather than just a purely gold-focused strategy. 2026 activity suggests a continuation of Adamera's established model: securing incremental financing, expanding land positions, and advancing geophysical targeting ahead of potential drilling. Investors and analysts can access recent news releases <a href="https://www.stockwatch.com/Quote/Detail?C:ADZ" target="_blank" rel="noopener">here</a>. Adamera's portfolio is concentrated in northeastern Washington, a region with established gold production and known skarn and epithermal systems. As of April 8, 2026, Adamera Minerals Corp. had reported that it had identified multiple exploration targets from a detailed ground magnetic survey completed by the company at the Tungsten Ridge property in eastern Washington state. The survey results expand the property's prospective skarn/tungsten mineralization significantly beyond the historical underground mine workings. The results will also guide an upcoming geochemical survey over the property. Adamera is now interpreting the inversion data from the magnetic survey. <h2 style="text-align: center;">Tungsten: A Critical Mineral in a Sustained Uptrend</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026423105227_tungsten.png" alt="" width="780" height="475" /> Technical analysis suggests higher prices for Tungsten products could persist for many years. <h2 style="text-align: center;">Gold-Copper Porphyry Target at South Hedley, B.C. - Drilling Application Submitted</h2> As of February 18, 2026, the company has identified a large-scale copper-gold target on its 100% owned South Hedley Copper Gold Project. The target has the potential to transform the Max prospect into a district-scale copper-gold porphyry opportunity. The project is located between the historic Nickel Plate gold mine and the active Copper Mountain mine in southern B.C. (See Figure 1). A Notice of Work has been submitted to facilitate induced polarization surveys and a subsequent drilling program later in 2026. <h2 style="text-align: center;">Exploration Strategy and Execution</h2> Adamera's strategy continues to emphasize target generation through geophysics and geochemistry rather than aggressive drilling. Techniques such as induced polarization (IP) and magnetic surveys are being used to identify sulfide-bearing systems at depth. The 2026 magnetic survey at Tungsten Ridge is consistent with this approach, highlighting anomalies interpreted as potential skarn zones. A key observation is that the company appears to be increasing its inventory of "drill-ready" targets across multiple properties. From a portfolio perspective, this improves optionality; systematic drilling can help reduce geological risk. <h2 style="text-align: center;">Financial Position and Capital Structure</h2> The January 2026 Financing provides near-term liquidity. [OWNERSHIP_CHART-6736] The company's relatively small market capitalization places it in the micro-cap category, where access to capital can be cyclical and highly sensitive to commodity price sentiment. <h2 style="text-align: center;">Shares Outstanding</h2> Adamera Minerals Corp. has approximately 54.23 million shares outstanding. Significant Shareholders: <ul> <li>Mark Kolebaba (President/CEO): ~1,273,436 shares (2.35%).</li> <li>U.S. Global Investors, Inc.: ~1,058,954 shares (1.95%).</li> <li>Mark Jones (Director): ~468,550 shares (0.86%).</li> <li>Yale Simpson (Chairman): ~404,333 shares (0.75%).</li> <li>Pacific Opportunity Capital Ltd.: ~265,000 shares (0.49%). </li> </ul> <h2 style="text-align: center;">Risks</h2> Execution risk: centered on the transition from geophysical targeting to successful drill validation. Market risk: Sensitivity to gold and broader commodity cycles <h2 style="text-align: center;">Technical Analyst Opinion</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026423105349_chart.png" alt="" width="624" height="558" /> The weekly chart shows a breakout and rally from a significant base pattern. The OBV (on balance volume) is in bull mode. The accumulation basis AD line is also bullish. MACD histograms are rising, indicating further strength ahead. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026423105407_chart2.png" alt="" width="624" height="408" /> The classic price and volume chart shows enormous volume coming into the stock early in 2026. A breakout from a six-year channel (highlighted in blue) seems imminent and would usher in substantial upside price action. Stock price at time of writing (April 23, 2026): Approx. CA$0.17 Short-Term Technical Price Targets: CA$0.28 Medium-Term Technical Price Target: CA$0.80 Long-Term Technical Price Target: CA$1.50 Technical Rating: Strong Speculative Buy <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Adamera Minerals Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>For this article, Adamera Minerals Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Adamera Minerals Corp. </li> <li>Author Certification and Compensation: Stewart Thomson was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Thomson is a retired Canadian financial advisor who has passed the Canadian Securities Course as well as additional technical analysis courses that were mandated by his former employer and approved by Ontario regulatory bodies. For the past 15 years, he has been editing and writing numerous financial newsletters that have a strong focus on charts. The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services, or securities of any company.</li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31031"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31031" width="0" height="0"> ( Companies Mentioned: ADZ:TSX.V, ) Fri, 24 Apr 2026 00:00:00 PST New Technical Report Highlights Expanding Gold-Silver System and Multi-Zone Exploration Progress https://www.streetwisereports.com/article/2026/04/24/new-technical-report-highlights-expanding-gold-silver-system-and-multi-zone-exploration-progress.html Source: <a href="https://www.streetwisereports.com/article/2026/04/24/new-technical-report-highlights-expanding-gold-silver-system-and-multi-zone-exploration-progress.html?utm_medium=feed">Streetwise Reports 04/24/2026</a> Sun Summit Minerals Corp. (TSX-V: SMN; OTCQB: SMREF) filed an NI 43-101 technical report for its JD Project, outlining geology, drilling results, and exploration progress.<a href="https://www.streetwisereports.com/pub/co/11297?utm_medium=feed" target="_blank" rel="noopener">Sun Summit Minerals Corp. (SMN:TSX.V; SMREF:OTCQB)</a> reported <a href="https://sunsummitminerals.com/sun-summit-announces-filing-of-a-ni-43-101-technical-report-on-the-jd-project/" target="_blank" rel="noopener">that it filed a technical report in accordance with National Instrument 43-101 for its JD Project located in the Toodoggone Mining District in British Columbia.</a> The report, titled "NI 43-101 Technical Report on the JD Property, Toodoggone Region, BC," is dated March 4, 2026, with an effective date of January 23, 2026. The company stated that the report is available on SEDAR+ and on its website. According to the company, the technical report summarizes geology, mineralization, historical exploration, and recent work completed at the JD Project, and provides recommendations for additional exploration. Exploration programs conducted since 2024 included geological mapping, drilling, geophysics, and geochemical sampling, which the company said improved its understanding of epithermal-related and porphyry-related targets across the property. Drilling completed during 2024 and 2025 totaled 33 diamond drill holes for 9,408 meters across multiple zones, including Creek, Ferricrete, Ag Carbonate, Finn, and Belle South. The company reported that drilling confirmed and expanded known zones of gold-silver mineralization and tested new targets generated from geophysics and surface geochemistry. At the Creek zone, drilling confirmed high-grade epithermal-related gold mineralization and demonstrated expansion potential through step-out intersections. Drilling at the Finn and Ag Carbonate zones confirmed continuity of silver-gold mineralization associated with quartz-carbonate veining and breccias. Work at Ferricrete and Belle South intersected alteration and mineralization consistent with porphyry-related hydrothermal systems. <a href="https://sunsummitminerals.com/sun-summit-announces-filing-of-a-ni-43-101-technical-report-on-the-jd-project/" target="_blank" rel="noopener">Niel Marotta, CEO of Sun Summit Minerals, said in a company news release, </a>"We are pleased to announce the completion of an important milestone for the evolution of the JD Project." He added that the report "facilitates the opportunity for continued development of more advanced steps such as metallurgical testing and a mineral resource estimate." The report concluded that there is a strong technical basis for continued exploration at the JD Project and recommended further work, including additional drilling, geophysical surveys, and geochemical programs. It also outlined a two-phase exploration program with a total recommended budget of approximately CA$10.86 million, consisting of CA$6.94 million for Phase 1 and CA$3.92 million for Phase 2. <h2 style="text-align: center;" data-start="2063" data-end="2468">Precious Metals Sector Supported by Strong Demand and Tightening Supply</h2> The precious metals sector experienced volatility in early 2026, with price movements influenced by macroeconomic conditions, geopolitical developments, and shifting investor behavior. <a href="https://stockhead.com.au/resources/canadas-gold-sector-fires-up-amidst-ma-and-frontier-potential/?utm_source=feedotter&utm_medium=email&utm_campaign=FO-04-23-2026&utm_content=httpsstockheadcomauresourcescanadasgoldsectorfiresupamidstmaandfrontierpotential&utm_medium=email&utm_campaign=CB%20NL%20Apr%2023&utm_content=CB%20NL%20Apr%2023+CID_3f66746ff0fb68379ec369a5f1371d46&utm_source=Campaign%20Monitor&utm_term=Canadas%20gold%20sector%20fires%20up%20amidst%20MA%20and%20frontier%20potential" target="_blank" rel="noopener">According to an April 22 report, gold fell more than 10% and silver declined over 20% during March</a>, with both metals often dropping as investors sold assets for liquidity during periods of rising oil prices and a stronger US dollar. The same report stated that "gold and silver have largely defied traditional safe-haven expectations," as price movements did not consistently align with historical patterns during geopolitical stress. The report also noted that rising bond yields played a role in gold's performance, explaining that "gold has an inverse relationship with US Treasury yields," with higher yields making interest-bearing assets more attractive relative to gold. At the same time, central bank activity continued to shape demand trends, as gold increasingly served as a hedge against rising global debt and currency risks. The report highlighted that central banks had increased gold reserves significantly in recent years and stated, "Simply put: Treasuries come with strings attached. Gold does not." Supply dynamics remained a key factor across both gold and silver markets. The same April 22 analysis indicated that mined gold production had not kept pace with demand, contributing to a structural deficit supported by strong consumer demand and central bank purchases. It added that total gold demand exceeded mine production, requiring additional supply from recycling to meet market needs. The report further stated that global mined production had largely plateaued over several years, while remaining reserves were limited, contributing to tightening supply conditions. Silver market fundamentals reflected similar constraints. The April 22 report noted that 2026 marked the sixth consecutive year of supply deficits, with industrial and investment demand exceeding available supply. It described the imbalance by stating, "The silver shortage is real," and highlighted that cumulative deficits since 2021 had significantly reduced global inventories. Industrial demand, particularly from sectors such as solar energy, electronics, and electric vehicles, continued to drive consumption, while mine supply remained relatively flat. Market activity on April 22 also reflected ongoing sensitivity to geopolitical and economic developments. FactSet reported that "silver and gold held onto gains with the market digesting the latest Q1 earnings and US-Iran headlines," while base metals such as aluminum extended gains during intraday trading amid discussions around potential tariffs and trade negotiations. From a technical perspective, commentary from Chen Lin on April 22 indicated that both metals faced resistance levels in recent trading. He wrote that "gold tried to break 4800 and silver tried 80, both were pushed back," adding that longer-term charts suggested consolidation despite weaker short-term performance. He also stated, "I am still focusing on gold and silver miners and believe they are very undervalued at the current prices," reflecting ongoing attention on the mining segment within the broader sector. <h2 style="text-align: center;" data-start="0" data-end="81">Couloir Capital Points to Finn Zone Results and Planned 2026 Drilling Program</h2> In a January 26 report, Couloir Capital referenced Sun Summit Minerals Corp.'s 2025 drill results from the Finn zone at its JD project, highlighting the reported assay outcomes from the program. The report stated that "the assays confirm the Finn zone's high-grade potential and support plans for a fully funded ~10,000m 2026 drill program," noting both the results from prior drilling and the scope of the planned exploration work. <h2 style="text-align: center;" data-start="2485" data-end="2546">Planned Drilling, Resource Work, and Exploration Programs</h2> <a href="https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2026/03/Sun-Summit-Presentation-MAR-27-2026-vF.pdf" target="_blank" rel="noopener">According to the company's investor presentation, the JD Project has an exploration program planned for 2026 that includes more than 10,000 meters of diamond drilling focused on gold-silver targets, with step-out and infill drilling prioritized along the Creek to Finn Corridor.</a> The presentation states that the goal of the drilling program is to maximize ounces for a mineral resource estimate, with priority areas including the Creek Zone, Finn Zone, Moosehorn, Wolf, JD West, Cirque, and McClair targets. Historical data compilation has defined multiple high-priority targets across the project, supported by more than 36,000 meters of historic drilling and an additional 9,400 meters completed by the company. The company also indicated that an initial mineral resource estimate for the JD Project is expected by Q1 2027. In preparation for this, the planned 2026 drilling program will focus on expanding and defining mineralization within the 4.5 kilometer Creek-Finn Corridor. [OWNERSHIP_CHART-11297] The investor presentation further outlines prior exploration work, including a 2024 inaugural drill program totaling 2,500 meters across 12 holes with approximately US$2.5 million in expenditures, followed by a 2025 program totaling 6,800 meters across 21 drill holes with approximately US$7.3 million in expenditures. The 2025 program also included soil geochemistry sampling, prospecting and mapping, rock sampling, induced polarization geophysics, camp outfitting, metallurgical screening, and permitting activities extending to 2030. The presentation also notes that the JD Project has an exploration expenditure requirement totaling approximately US$22.5 million by December 2029, with US$2.5 million completed in 2024, US$7.5 million completed in 2025, and US$10.0 million planned for 2026. <h2 style="text-align: center;">Ownership and Share Structure1</h2> 6.9% of Sun Summit Minerals Corp is owned by management and insiders. The rest is in retail. Sun Summit has a market cap of CA$43.77 million with 312.5 million free float shares and a 52-week range of CA$0.065 to CA$0.26. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Sun Summit is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Sun Summit.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31029"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31029" width="0" height="0"> ( Companies Mentioned: SMN:TSX.V; SMREF:OTCQB, ) Fri, 24 Apr 2026 00:00:00 PST 12-Kilometer Gold Corridor Emerges Along Major Deformation Zone https://www.streetwisereports.com/article/2026/04/27/12-kilometer-gold-corridor-emerges-along-major-deformation-zone.html Source: <a href="https://www.streetwisereports.com/article/2026/04/27/12-kilometer-gold-corridor-emerges-along-major-deformation-zone.html?utm_medium=feed">Streetwise Reports 04/27/2026</a> Dryden Gold Corp. (DRY:TSXV; DRYGF:OTCQX; X7W:FSE) reported a 12 km gold anomaly corridor at Hyndman, with all six initial drill holes intersecting mineralization and expansion underway.<a href="https://www.streetwisereports.com/pub/co/11012?utm_medium=feed" target="_blank" rel="noopener">Dryden Gold Corp. (DRY:TSXV; DRYGF:OTCQX; X7W:FSE)</a> reported <a href="https://drydengold.com/dryden-gold-establishes-district-scale-gold-footprint-at-hyndman-with-12km-anomaly-corridor-and-strategic-expansion/" target="_blank" rel="noopener">that recent exploration results have expanded on its 2025 initial discovery and channel sampling at the Hyndman Property, identifying a continuous 12-kilometer by 2.5-kilometer corridor of elevated gold-in-till anomalies that track the interpreted Wabigoon deformation zone.</a> The company stated that the property, which is bisected by the Trans-Canada Highway, is emerging as a district-scale target defined by this anomaly corridor. The company reported that its initial six-hole drill program intersected gold mineralization in all holes, including results of 7.34 grams per tonne gold over 0.50 meters in hole DHY-005 and 0.53 grams per tonne gold over 7.80 meters in hole DHY-002. The program tested two areas within a granodiorite intrusion and included four holes through the core of the intrusion and two holes targeting its southern extent. Dryden Gold stated that the anomaly corridor remains open along strike and that it has expanded its land position by staking an additional 12,000 hectares based on gold-in-till anomalies. The company also indicated that permitting is underway and that a comprehensive exploration program and an aggressive 2026 drill program are being planned. <a href="https://drydengold.com/dryden-gold-establishes-district-scale-gold-footprint-at-hyndman-with-12km-anomaly-corridor-and-strategic-expansion/" target="_blank" rel="noopener">Trey Wasser, CEO of Dryden Gold, stated in a company news release, </a>"The discovery at Hyndman is a strong validation of our extremely talented geological team and their scientific exploration model." He added that the property had not previously been explored by a mining company and that access has improved due to existing infrastructure. Maura Kolb, President, stated in the same release, "Our initial drilling has confirmed the presence of gold mineralization within a much broader system, giving us confidence that we are vectoring into a large fertile gold environment with strong discovery potential." The company also described the geological setting as showing a strong spatial relationship between anomalous gold-in-till samples and structural complexity within the Wabigoon deformation zone, with clusters of elevated values aligned along interpreted splays and flexures. Early-stage prospecting and channel sampling returned high-grade gold values, supporting the interpretation that the anomaly reflects a nearby bedrock source. <h2 style="text-align: center;" data-start="0" data-end="57">Digging Into Gold Exploration and Market Activity</h2> FactSet wrote on April 22 that precious metals had maintained recent gains alongside broader commodity movements, noting that "silver and gold held onto gains with the market digesting the latest Q1 earnings and US-Iran headlines." The update also referenced broader metals activity, stating that "base metals extended gains intraday with aluminum leading as recent headlines have discussed upcoming US trade talks with Canada and Mexico," indicating that macroeconomic and geopolitical developments were influencing commodity pricing across the sector. Chen Lin of What's Chen Buying? What's Chen Selling? wrote on April 21 that recent price movements reflected consolidation in both gold and silver markets, stating, "Gold tried to break 4800, and silver tried 80, both were pushed back." He added that "from the longer-term chart, it still looks like consolidation, though the short-term looks weak," while noting continued focus on mining equities, stating, "I am still focusing on gold and silver miners and believe they are very undervalued at the current prices." <a href="https://stockhead.com.au/resources/canadas-gold-sector-fires-up-amidst-ma-and-frontier-potential/?utm_source=feedotter&utm_medium=email&utm_campaign=FO-04-23-2026&utm_content=httpsstockheadcomauresourcescanadasgoldsectorfiresupamidstmaandfrontierpotential&utm_medium=email&utm_campaign=CB%20NL%20Apr%2023&utm_content=CB%20NL%20Apr%2023+CID_3f66746ff0fb68379ec369a5f1371d46&utm_source=Campaign%20Monitor&utm_term=Canadas%20gold%20sector%20fires%20up%20amidst%20MA%20and%20frontier%20potential" target="_blank" rel="noopener">According to a recent report from Mining on April 23, M&A activity in Canada's gold sector had accelerated as global miners targeted production growth and reserve replacement.</a> The report stated that "M&A activity surges in Canada's gold sector as global miners target production growth," with transactions including a US$7 billion acquisition and a US$560 million procurement highlighting increased capital deployment. It added that "the resurgence in M&A reinforces Canada's position as a core destination for global gold capital," while also noting that established regions such as Quebec and Ontario remained central to deal activity. The same report indicated that attention had also expanded beyond traditional hubs, stating that "it shines a light on the country's broader exploration potential, especially in more remote and underexplored regions." <h2 style="text-align: center;" data-start="0" data-end="95">Analyst Coverage Highlights Exploration Activity, Drill Results, and Technical Developments</h2> A February 13 report from the Couloir Research Team indicated that Senior Analyst Ron Wortel assigned the company a "Buy" rating and cited a projected upside of 164%. He stated that "Dryden Gold [is positioned] for sustained exploration momentum and continued resource growth, supporting our updated fair market value target of ~CA$1.00 for the stock into 2026." 1<a href="https://www.streetwisereports.com/article/2026/02/25/from-concept-to-confirmation-a-district-scale-gold-story-takes-shape-1.html?utm_medium=feed" target="_blank" rel="noopener">In a February 25 technical opinion piece published by Streetwise Reports, John Newell of John Newell & Associates wrote that "with institutional backing, experienced Red Lake leadership, and a technical structure that remains constructive, Dryden offers speculative investors leveraged exposure to what could be an emerging high-grade gold district at a time when precious metals are strengthening."</a> He added that "at the current price of CA$0.37, we continue to view the shares as a Speculative Buy, recognizing both the upside potential and the inherent risks associated with junior exploration companies." Newell also noted that "since the initial breakout in May 2025, Dryden Gold achieved its first two technical targets at CA$0.32 and CA$0.40. The third target at CA$0.46 has now also been met, confirming that the broader uptrend remains intact." Chen Lin of What is Chen Buying? What is Chen Selling? commented on April 2 that the company ". . . released excellent drilling results. 4.25 meters grading 32.87 g/t gold including 0.50 meters of 252.00 g/t gold on BM1 at 160 meters below surface at Sparrow. Unfortunately, nobody pays attention to this kind of day, but it is a very exciting result." <a href="https://thegoldadvisor.com/the-gold-advisor/newsletters/dryden-gold-cassiar-gold-amarc-resources-pacifica-silver-plus-two-new-podcasts/" target="_blank" rel="noopener">Also on April 2, Jeff Valks of The Gold Advisor assigned the company a "Buy" rating following its latest release</a>. He wrote that "these intercepts strengthen confidence in Dryden's structural targeting strategy and extend mineralization along strike and at depth across the Big Master Gold System. More importantly, they show the team's 3-D interpretation is working in real time, not just on paper. That's the kind of feedback loop exploration companies hope for." Valks disclosed that he held a long position, while Jeff Clark maintained an overweight position with no plans to sell. <h2 style="text-align: center;" data-start="2291" data-end="2341">2026 Exploration Programs and Target Expansion</h2> <a href="https://wp-drydengold-2024.s3.ca-central-1.amazonaws.com/media/2026/02/2026-04-21-April-Investor-Presentation-2.pdfhttps://wp-drydengold-2024.s3.ca-central-1.amazonaws.com/media/2026/02/2026-04-21-April-Investor-Presentation-2.pdf">According to the company's investor presentation, Dryden Gold outlined multiple exploration activities and programs planned for 2026 across its project areas.</a> At the Gold Rock Camp, the company plans to test new structural intersection targets, including North Mud Lake and the Walmsley deformation zone. It also plans deeper drilling to define structural controls and evaluate periodicity within mineralized zones, while continuing to develop multiple target areas along a 20-kilometer trend. For regional targets, the company plans expanded work at both Hyndman and Sherridon. At Hyndman, follow-up work will focus on the granodiorite-hosted target, while additional expansion is planned at Sherridon through first-pass drilling, re-logging, and follow-up drilling programs. [OWNERSHIP_CHART-11012] The company also plans a property-wide till substrate sampling program on newly acquired ground, along with mapping and prospecting across priority target areas. These activities are intended to support the identification of additional exploration targets. Dryden Gold reported that its 2026 exploration budget totals 11.0 million, with approximately 9.0 million allocated to drilling at Gold Rock, Hyndman, and Sherridon, 1.5 million allocated to mapping, channel sampling, and compilation work, and 500,000 allocated to additional sampling and surveys. The program includes approximately 32,000 meters of planned drilling. Additional 2026 activities include reviewing results from the soil and till sampling program with the objective of identifying new regional targets, testing the Hyndman granodiorite discovery through drilling, further testing the Sherridon regional target, and continuing to expand the Gold Rock target area along strike. <h2 style="text-align: center;">Ownership & Share Structure2</h2> Dryden Gold Corp. has a market cap of CA$71.4 million, with 219.54 million shares outstanding. The company's 52-week range is CA$0.155-CA$0.48. Management and Insiders own 5.40% of company shares, while Strategic Investors own 52.53%. The remaining 42.08% of shares are Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Dryden Gold Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Dryden Gold Corp.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> 1 Disclosure for the quote from the John Newell article published on February 25, 2026. <ol start="1" type="1"> <li>For the quoted article, February 25, 2026, Dryden Gold Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$2,050.</li> <li>Author Certification and Compensation: John Newell of John Newell and Associates was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31027"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31027" width="0" height="0"> ( Companies Mentioned: DRY:TSXV; DRYGF:OTCQX; X7W:FSE, ) Mon, 27 Apr 2026 00:00:00 PST High-Grade Gold Hits Near Surface Extend Strong Continuity Across Key Deposit https://www.streetwisereports.com/article/2026/04/23/high-grade-gold-hits-near-surface-extend-strong-continuity-across-key-deposit.html Source: <a href="https://www.streetwisereports.com/article/2026/04/23/high-grade-gold-hits-near-surface-extend-strong-continuity-across-key-deposit.html?utm_medium=feed">Streetwise Reports 04/23/2026</a> Galway Metals Inc. (GWM:TSX.V; GAYMF:OTCQB) reported multiple high-grade gold intercepts from eight drill holes at its Clarence Stream project, including 6.1 g/t over 19.0 meters.<a href="https://www.streetwisereports.com/pub/co/517?utm_medium=feed" target="_blank" rel="noopener">Galway Metals Inc. (GWM:TSX.V; GAYMF:OTCQB)</a> reported <a href="https://galwaymetalsinc.com/2026/04/galway-metals-intersects-6-1-g-t-gold-over-19-0m-including-18-3-g-t-over-3-0m/" target="_blank" rel="noopener">assay results from eight diamond drill holes at the South Deposit within its 100%-owned Clarence Stream gold project in New Brunswick, Canada. </a>The results are part of the company's 2026 drill program and include intersections such as 6.1 grams per tonne gold over 19.0 meters, including 18.3 grams per tonne gold over 3.0 meters, along with additional highlighted intervals from multiple holes. The company stated that the South Deposit hosts the highest-grade resource within its 2022 Mineral Resource Estimate, comprising 333,000 ounces at 2.99 grams per tonne gold in the Indicated category and 325,000 ounces at 4.03 grams per tonne gold in the Inferred category. The broader Clarence Stream project includes a 2022 Mineral Resource Estimate of 12.4 million tonnes grading 2.3 grams per tonne gold in the Indicated category and 16.0 million tonnes grading 2.6 grams per tonne gold in the Inferred category. According to the announcement, hole CS-418, located in the central portion of the South Deposit, was drilled approximately 30 meters northeast of a previously reported hole and intersected high-grade mineralization within about 50 vertical meters of surface. Both holes are contained within the 2022 resource pit shell. The company stated that these results demonstrate continuity and thickness within the deposit. <a href="https://galwaymetalsinc.com/2026/04/galway-metals-intersects-6-1-g-t-gold-over-19-0m-including-18-3-g-t-over-3-0m/" target="_blank" rel="noopener">Rob Hinchcliffe, President and CEO of Galway Metals, said in a company news release</a>, "These results from the South Deposit continue to return high-grade gold near surface and demonstrate strong continuity between drill holes." He added that "the consistency of both grade and thickness is increasing our confidence in the core of the deposit and highlights the potential to expand near-surface mineralization relevant to future development." The company also described the geology of the Clarence Stream project, stating that gold-antimony mineralization is structurally controlled and associated with quartz veins and stockwork within fault zones hosted in intrusive and metasedimentary rocks. Mineralization is associated with pyrite, base-metal sulphides, and stibnite, along with anomalous concentrations of bismuth, arsenic, antimony, and tungsten. <h2 style="text-align: center;" data-start="0" data-end="65">Gold Sector Supported by M&A Activity and Stable Price Trends</h2> In an April 21 commentary, Chen Lin of What's Chen Buying? What's Chen Selling? discussed recent price movements in precious metals, stating that "gold tried to break 4800 and silver tried 80, both were pushed back." He added that "from the longer term chart, it still looks like consolidation though the short term looks weak," and noted that he was "still focusing on gold and silver miners and believes they are very undervalued at the current prices." FactSet reported on April 22 that precious metals maintained strength during trading, stating that "silver and gold held onto gains with the market digesting the latest Q1 earnings and US-Iran headlines." The update also referenced broader market factors, including trade discussions involving the United States, Canada, and Mexico that were influencing metals sentiment. <a href="https://stockhead.com.au/resources/canadas-gold-sector-fires-up-amidst-ma-and-frontier-potential/?utm_source=feedotter&utm_medium=email&utm_campaign=FO-04-23-2026&utm_content=httpsstockheadcomauresourcescanadasgoldsectorfiresupamidstmaandfrontierpotential&utm_medium=email&utm_campaign=CB%20NL%20Apr%2023&utm_content=CB%20NL%20Apr%2023+CID_3f66746ff0fb68379ec369a5f1371d46&utm_source=Campaign%20Monitor&utm_term=Canadas%20gold%20sector%20fires%20up%20amidst%20MA%20and%20frontier%20potential" target="_blank" rel="noopener">According to an April 23 report from Mining.com by Bart Bogacz, "M&A activity in Canada's gold sector is firing up,"</a> with recent transactions highlighting increased deal activity among global producers. The report stated that "the resurgence in M&A reinforces Canada's position as a core destination for global gold capital," while also noting "the appeal of established mining provinces like Quebec, Ontario and British Columbia." It added that this activity also "shines a light on the country's broader exploration potential, especially in more remote and underexplored regions." <h2 style="text-align: center;" data-start="0" data-end="71">Analyst Highlights Valuation Gap With CA$2.20 Target and Buy Rating</h2> <a href="https://www.streetwisereports.com/article/2026/02/18/metals-co-s-dual-project-strategy-positions-it-for-major-re-rating-analyst-says.html?utm_medium=feed" target="_blank" rel="noopener">In a February 18 research report, Red Cloud Securities analyst Ron Stewart initiated coverage of the company with a Buy rating and a 12-month price target of CA$2.20 per share</a>. He stated that the company's primary assets, including the Clarence Stream gold-antimony project and the Estrades gold-base metal project, were significantly undervalued by the market. Stewart also provided comparative valuation metrics, noting that the company traded at an enterprise value of US$15.60 per gold-equivalent ounce, compared to a peer group median of US$68 per ounce and an average of US$136 per ounce. He added that the company's price-to-net asset value multiple of 0.29x compares with a peer group average of 0.35x. The report included asset-level valuations, assigning Clarence Stream a value of CA$208 million, or CA$1.62 per share, and Estrades a value of CA$68 million, or CA$0.53 per share. These figures contributed to a total corporate net asset value of CA$282 million, equivalent to CA$2.20 per share. John Newell of John Newell & Associates provided a broader technical perspective on the TSX Venture Index in a January 12 report, describing the index as completing "one of the longest and most constructive base structures in its history." He wrote that the setup reflected "time, symmetry, and compression," which he said typically precede "durable secular moves rather than short-lived rallies." Newell explained that the index had undergone "a full cycle of liquidation, repair, and reaccumulation" since its 2011–2012 peak, followed by "nearly a decade of broad sideways movement," which he characterized as "balance sheet repair, dilution absorption, and investor apathy being fully priced in." He added that repeated tests of resistance without downside follow-through tended to weaken that resistance over time. Describing the current structure, Newell wrote that "the right-hand side of the structure has tightened materially and now carries the characteristics of a bull pennant, not a topping pattern," adding that "volatility has compressed, ranges have narrowed, and higher lows are evident," which he said was "classic pre-expansion behavior following a prolonged period of pressure." He further noted that "the CDNX is approaching the point where resistance no longer behaves in a linear fashion," comparing the setup to a "sound-barrier analogy" where pressure builds before a breakout. According to Newell, "a sustained move through this area is not just another breakout attempt. It represents a transition from compression to expansion, from balance to imbalance." In discussing market participation, he stated that "long-term momentum indicators are not flashing exhaustion," and that "participation has expanded on advances, while pullbacks have remained corrective rather than impulsive," which he said was "characteristic of accumulation, not distribution." Newell also outlined key technical levels, identifying the 1,000–1,050 range as a critical pivot, writing that "sustained trade above this area confirms that the index has transitioned from repair to expansion." He added that "history shows that when the CDNX clears major resistance after extended periods of neglect, advances tend to persist rather than fail." Within this broader context, Newell referenced companies positioned within the junior mining space, noting that some had "spent the downcycle quietly rebuilding while investors looked elsewhere." He stated that "as the index transitions from capital starvation to capital reallocation, these names often respond early." Referring specifically to Galway Metals Inc., Newell wrote that the company "combines advanced-stage development with meaningful exploration upside across multiple Canadian jurisdictions," adding that "the chart reveals a repeating pattern of accumulation, breakout, and consolidation." He further stated that "with higher lows firmly established and momentum improving, Galway fits the profile of a junior transitioning from neglect to recognition as confidence returns to the CDNX." <h2 style="text-align: center;" data-start="2223" data-end="2268">Ongoing Programs and Project Developments</h2> <a href="https://wp-galwaymetalsinc-2023.s3.ca-central-1.amazonaws.com/media/2026/04/GWM_Corporate_Presentation_April-01042026-1.pdf" target="_blank" rel="noopener">An updated Mineral Resource Estimate for Clarence Stream is underway,</a> supported by four drill rigs currently operating across the project. The program includes approximately 342 new drill holes totaling 69,556 meters, with the updated report expected by the end of the second quarter of 2026. Drilling activities are focused on multiple objectives, including infill drilling within existing resource pit shells, extending mineralization beyond current pit boundaries, and identifying new zones. Two drill rigs are operating at the South Deposit, targeting additional gold mineralization; one rig is drilling the Southwest Deposit, and a fourth rig was added in March to focus on new discoveries. Metallurgical testing programs are ongoing across all deposits. The company reported that preliminary process flowsheets have been determined and that initial recoveries exceeding 90% for gold have been confirmed, with sulphide flotation identified for antimony recovery. Additional work is focused on optimizing the project's antimony resource, which totals 25 million pounds, alongside continued testing programs. The company is also advancing engineering and economic studies, including pit optimization work across all three deposits, scoping-level pit designs, and preliminary life-of-mine scheduling and economic modeling. These activities are part of preparations for a Preliminary Economic Analysis. At the Estrades project in Quebec, the company entered an option and joint venture term sheet with Dowa Metals & Mining Co., under which Dowa may contribute up to US$25 million to earn up to a 45% participating interest. The agreement outlines a phased structure, including an initial US$5 million contribution for a 10% interest and 50% zinc offtake, followed by two additional phases of US$10 million each to increase participation and offtake levels. [OWNERSHIP_CHART-517] Phase I activities at Estrades include exploration drilling planned for June 2026, additional metallurgical testing, and baseline studies beginning in the spring of 2026. The company also stated that a Preliminary Economic Assessment has been completed, and further work over the next 12 months is expected to focus on optimizing the project. <div class="z-0 flex min-h-[46px] justify-start"> </div> <div class="mt-3 w-full empty:hidden"> <div class="text-center"> <h2 style="text-align: center;">Ownership and Share Structure1</h2> Insiders hold 7.31% of Galway, including 6.62% held by CEO Rob Hinchcliffe. Institutional ownership totals 18.52%, led by Van Eck Associates Corp. at 4.45%, Caisse de dépôt et placement du Québec at 3.33%, and Mackenzie Investments at 3.27%. The remainder of the shares are held by retail investors. Galway has 125.76 million shares outstanding and a market capitalization of CA$90.11 million. The company's 52-week trading range is CA$0.32 to CA$1.01 per share. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> </div> </div>Important Disclosures:<ol> <li>Galway Metals Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Galway Metals Inc.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31026"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31026" width="0" height="0"> ( Companies Mentioned: GWM:TSX.V; GAYMF:OTCQB, ) Thu, 23 Apr 2026 00:00:00 PST Exploration Co. Uncovers 282m Columbian Gold Interval https://www.streetwisereports.com/article/2026/04/23/exploration-co-uncovers-282m-columbian-gold-interval.html Source: <a href="https://www.streetwisereports.com/article/2026/04/23/exploration-co-uncovers-282m-columbian-gold-interval.html?utm_medium=feed">Streetwise Reports 04/23/2026</a> Tiger Gold Corp. (TIGR:TSXV) reports 282m at 0.6 g/t gold in Colombia, including higher-grade zones, highlighting expansion potential at its Quincha project.Tiger Gold Corp. (TIGR:TSXV) <a href="https://www.stockwatch.com/News/Item/Z-C!TIGR-3808441/C/TIGR" target="_blank" rel="noopener">released assay results </a>for two of three holes drilled in its initial exploration program at Dos Quebradas. This drilling program is part of Tiger Gold's 20,000-meter program at its Quinchía Gold Project in Colombia's prolific Mid-Cauca gold belt. Further assays are pending from Quebradas, Tesorito, and Ceibal. The released results pertain to drillholes QDQDH-25 and QDQDH-27, with QDQDH-26 still pending. Assay highlights include: <ul> <li>QDQDH-27 returned 282.45 m @ 0.6 g/t Au (gold) from 18 m downhole, including:</li> <ul> <li>32 m @ 1.3 g/t Au, and</li> <li>21.23 m @ 1.6 g/t Au.</li> </ul> <li>QDQDH-25 returned multiple gold intervals across a 631.1 m hole.</li> <li>QDQDH-26 intersected mineralized breccia on the same section line as QDQDH-27.</li> <li>Assays pending for QDQDH-26 and for additional holes at Tesorito and Ceibal.</li> <li>Dos Quebradas has a historical Inferred Mineral Resource Estimate of 459,000 oz Au (20.2 Mt at 0.71 g/t Au) reported under the 2012 JORC Code.</li> </ul> Results for QDQDH-27 show 282.45 m grading 0.6 g/t Au from 18 m downhole and ended in mineralization, including 1.3 g/t Au over 32 m and 1.6 g/t Au over 21.23 m up to a depth of 300.45 m. Elevated copper and molybdenum were present throughout. Results for QDQDH-25 returned several intervals. Drilled to a depth of 631.1 meters, the strongest interval showed ". . . 60 m grading 0.3 g/t Au from 28 m, hosted within tuffs and inter-mineral magmatic breccia. . . " along with ". . . 46 m grading 0.3 g/t Au from 109 m within the broader breccia complex. Geological logging records a long section of inter-mineral magmatic breccia from approximately 99 m to 303 m, with additional intervals of 20.8 m grading 0.2 g/t Au from 284 m and 20.42 m grading 0.3 g/t Au from 315 m intersected within and below this zone." The company noted that, in the deeper part of the hole, 52 m grading 0.2 g/t Au from 388 m was intersected, with late diorite and additional breccia phases encountered at depth. Robert Vallis, President & CEO of Tiger Gold, said in the release, "QDQDH-27 is an encouraging result from our initial drill program at Dos Quebradas — 282 metres of mineralization grading 0.6 g/t gold, including 1.3 g/t Au over 32 and 1.6 g/t Au over 21 m. While we wait for assays from QDQDH-26, which is on the same section line as QDQDH-27, we are updating our model and planning the next phase of drilling at Dos Quebradas with the goal of defining a current Mineral Resource, alongside our ongoing programs at Tesorito and Ceibal." Tiger Gold is a gold exploration and mine development company headquartered in Vancouver, BC, Canada, and is focused on projects in the proven Mid-Cauca belt in Colombia. <h2 style="text-align: center;">Gold Remains a Safe-Haven Metal</h2> Wednesday's metals market got off to a steady start. <a href="https://www.kitco.com/news/article/2026-04-22/gold-silver-gain-perceived-bargain-buying" target="_blank" rel="noopener">Jim Wyckoff wrote for Kitco</a> on April 22, 2026, "Gold and silver prices are higher near midday Wednesday but off their daily highs. Buying interest in the precious metals is supported by firmer crude oil prices. U.S. Treasury yields have also down-ticked a bit at mid-week. Perceived bargain hunting after Tuesday's losses is also featured in both precious metals markets. June gold was last up US$35.10 at US$4,753.30." Wyckoff then gave the current market a slightly above mid-tier rating. Tensions in the Middle East have been flaring for weeks now, leading to uncertainty in the metals markets. Despite some wavering, gold has maintained its appeal as a safe-haven asset. On April 22, <a href="https://www.kitco.com/news/article/2026-04-22/switzerlands-gold-exports-rise-30-investors-seek-safe-haven-amid-global" target="_blank" rel="noopener">Ernest Hoffman also wrote for Kitco</a>, noting that Swiss gold exports rose 30% in March. Hoffman quoted Nina-Alessa Michel, policy advisor for regulation and economics at the Swiss Bankers Association, as saying, "Against a backdrop of geopolitical and economic tensions and rising government debt, demand for safe investments is increasing. Despite its role as a safe haven, however, gold has been proving rather more volatile than we might expect. Its price has recently undergone massive swings in various market phases, such as falling by 14% in the space of three days when Donald Trump nominated the next Chairman of the U.S. Federal Reserve, also placing assets like silver and Bitcoin under pressure." Michel went on to argue that, "Movements like this clearly show that gold isn't always the safest of havens and can in fact react sensitively to geopolitical and monetary policy shifts. Geopolitical developments act as a strong catalyst for gold demand. Analyses have demonstrated that investors increasingly seek out safe havens while global capital markets are beset by fragmentation, conflicts, and changing balances of power." Trump announced an indefinite ceasefire between the U.S. and Iran after it was set to expire on April 21, 2026. After eight weeks of war, gold's volatility may be settling. <a href="https://finance.yahoo.com/markets/commodities/articles/gold-recovers-two-day-drop-055855723.html" target="_blank" rel="noopener">A Bloomberg article by Yihui Xie, Jack Ryan, and Yvonne Yue Li </a>on April 22 suggested that gold has moved from a speculative market to a more fundamental market, with the hope that this shift will steady prices. <h2 style="text-align: center;">Experts Buying into Tiger Gold</h2> According to FactSet on April 15, 2026, SCP Equity Research analyst Brandon Gaspar gave Tiger Gold a 'Buy' rating with a CA$2.60 target price. <a href="https://thegoldadvisor.com/the-gold-advisor/newsletters/tiger-gold-dryden-gold-a2-gold-emperor-metals-western-exploration/#tg" target="_blank" rel="noopener">Jeff Valks and Jeff Clark wrote about Tiger Gold on April 21 for The Gold Advisor</a>, rating the stock a 'Buy' and calling the company "new on the scene, but the early numbers coming out of Quinchía look strong, with sharp management guiding the way." Valks holds a long position on the stock, while Clark holds a full weighting. On April 22, <a href="http://www.321gold.com/editorials/moriarty/moriarty042226.html" target="_blank" rel="noopener">Bob Moriarty discussed the company's most recent release for 321Gold.com</a>. He wrote, "Tiger Gold has everything. The company paid about US$5 an ounce for gold and is paying that over time. It's an advanced stage project with a PEA and plans for a PFS a year from now. Management is experienced and determined to become Colombia's newest gold mine. The price of gold today demands action, and with US$19 million in the bank, management can deliver." Moriarty then disclosed, "Tiger is an advertiser. I participated in the PP in a small way, but I have added to my position in a much bigger way with the news they are releasing. Of course, I am biased, so do your own due diligence. If you can invest in management of this caliber and get gold for US$18.50 an ounce, you don't even need me to tell you it is cheap." [OWNERSHIP_CHART-11516] <h2 style="text-align: center;">Mineral Resource Estimate on the Horizon</h2> <a href="https://tigergoldco.com/wp-content/uploads/2026/01/Tiger-Gold-Presentation-Q1-2026-FINAL.pdf" target="_blank" rel="noopener">Tiger Gold's investor presentation</a> lists upcoming catalysts, such as beginning the Phase 1 drilling program, updating the mineral resources estimate, and gathering ESG initiatives and consultation. The next phase will be to launch the Phase 2 drill programs and await those results, especially to come up with the Testorito Mineral Resource Estimate. If all goes well, the company will proceed to Phase 2 engineering. <h2 style="text-align: center;">Ownership & Share Structure1</h2> Tiger Gold Corp. has a market cap of CA$74.23 million, with 104.18 million shares outstanding. The company's 52-week range is CA$0.11-CA$0.97. Management & Insiders own 3.02% of shares, and the remaining 96.98% are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31025"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31025" width="0" height="0"> ( Companies Mentioned: TIGR:TSXV, ) Thu, 23 Apr 2026 00:00:00 PST