https://www.theaureport.com/ Investment coverage of gold, silver, uranium and other precious metals. copyright 2012, Streetwise, Inc. https://www.streetwisereports.com/article/2026/07/29/silver-explorer-hits-675-g-t-ageq-at-sinaloa-project.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/29/silver-explorer-hits-675-g-t-ageq-at-sinaloa-project.html?utm_medium=feed">Streetwise Reports 07/29/2026</a></b> </p> Mercado Minerals reported strong drill intercepts including 675 g/t silver equivalent at its Copalito project in Sinaloa Mexico while gold and silver prices remain elevated ahead of Fed decisions.<p><span style="box-sizing: border-box; margin: 0px; padding: 0px;"><strong><span class="for_co_card_11572">Mercado Minerals Ltd. (MERC:CSE; MRMNF:OTCQB; M2R:FSE) </span></strong>delivered results from its first diamond drilling at the Copalito silver-gold project in Sinaloa, Mexico, during a period when precious metals prices trade near multi-year highs.</span></p> <p>Current market conditions show gold near US$4,000 per ounce and silver above US$57 per ounce as investors monitor Federal Reserve policy. These levels create a supportive backdrop for junior explorers that can demonstrate meaningful mineralization at early-stage projects.</p> <h2 style="text-align: center;">Why Mercado Minerals Stands Out in the Current Market</h2> <p><a href="https://www.mercadominerals.com/news-releases/mercado-minerals-intersects-675-gt-silver-equivalent-at-el-pilar-vein-copalito-project20260728" target="_blank" rel="noopener">The company's inaugural 3,000-meter drill program at Copalito</a> intersected high-grade silver-gold-lead-zinc mineralization at multiple veins. The strongest intercept reached 675 g/t silver equivalent, confirming the presence of a higher-grade corridor that remains open for expansion.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Drill program returned 675 g/t AgEq over 0.80 m and 403 g/t AgEq over 3.40 m at the El Pilar Vein.</li> <li>El Pilar Vein is now defined over 1,250 m strike with a 400 m by 200 m higher-grade zone open in all directions.</li> <li>El Agua Vein delivered a 48.40 m intercept grading 64 g/t AgEq, including 8.00 m at 200 g/t AgEq.</li> <li>Additional vein targets intersected structures with lower grades; follow-up targeting planned using new surface data.</li> <li>Market capitalization near CA$6 million provides leverage to further drill success at modest share prices.</li> </ul> <h2 style="text-align: center;">Drill Results Confirm Expansion Potential at El Pilar and El Agua Veins</h2> <p>At the El Pilar Vein, step-out holes produced the two best intercepts reported to date. Hole COP-26-019 cut 3.40 meters grading 11 g/t silver, 3.53 g/t gold, 1.45% lead, and 4.41% zinc for 403 g/t AgEq from 118.00 meters, including 0.80 meters at 675 g/t AgEq. Hole COP-26-018 returned 4.05 meters at 264 g/t AgEq, including 0.65 meters at 635 g/t AgEq.</p> <p>The vein has now been traced by drilling over 1,250 meters of strike length. A roughly 400-meter-long by 200-meter down-dip area of higher-grade mineralization has been outlined and remains open along strike and at depth.</p> <h2 style="text-align: center;">El Agua Vein Delivers Broad Mineralized Intercept</h2> <p>Step-out drilling at the El Agua Vein included hole COP-26-023, which intersected 48.40 meters grading 26 g/t silver, 0.33 g/t gold, 0.10% lead, and 0.57% zinc (64 g/t AgEq) from 81.60 meters, including 8.00 meters at 200 g/t AgEq. A higher-grade corridor approximately 500 meters along strike and 200 meters down dip has been defined within the broader 950-meter strike length.</p> <h2 style="text-align: center;">Early Tests at Additional Targets Provide Structural Confirmation</h2> <p>Five holes tested extensions and new targets at southeast 5 Senores, Chente, El Medio, and El Pilar Sur. All holes intersected the targeted structures, although assays were weaker. Intercepts included 4.50 m and 7.80 m at 28-29 g/t AgEq at southeast 5 Senores, 0.60 m at 33 g/t AgEq at Chente, and 0.60 m at 88 g/t AgEq at El Medio. These results confirm that the structures continue at depth and supply data for refined targeting.</p> <h2 style="text-align: center;">Industry Timing and Precious Metals Price Environment</h2> <p><a href="https://www.jmbullion.com/charts/gold-price/?wickedsource=google&amp;wickedid=CjwKCAjwyabTBhBFEiwAM3mNULJ7-QH-tFVhNe05bjDULq93eCwi_QOL8z86osa6qwulC1xi5Q5kjxoCQ0sQAvD_BwE&amp;w_adid=809133384401&amp;w_campaignid=173655985&amp;gad_source=1&amp;gad_campaignid=173655985&amp;gbraid=0AAAAADwTUk_FBVPyz5QzvEqW84QCCU4GU&amp;gclid=CjwKCAjwyabTBhBFEiwAM3mNULJ7-QH-tFVhNe05bjDULq93eCwi_QOL8z86osa6qwulC1xi5Q5kjxoCQ0sQAvD_BwE" target="_blank" rel="noopener">As of 6:33 a.m. EDT on July 29, live spot prices showed gold at US$4,047.03 per ounce, up US$11.08</a>, or 0.27%, on the day. Platinum stood at US$1,602.30 per ounce and palladium at US$1,278.06 per ounce.</p> <p><a href="https://www.reuters.com/world/asia-pacific/gold-edges-lower-ahead-fed-decision-interest-rates-2026-07-29/" target="_blank" rel="noopener">Reuters reported on July 29 that gold prices edged higher as investors awaited the U.S. Federal Reserve's interest rate decision</a>. Markets broadly expected the Federal Reserve to leave interest rates unchanged.</p> <p><a href="https://www.cnbc.com/2026/07/29/gold-holds-steady-ahead-of-feds-rate-decision.html" target="_blank" rel="noopener">CNBC, citing Reuters on July 29, also reported that gold traded in a narrow range as investors awaited the Federal Reserve's policy decision and comments from Fed Chairman Kevin Warsh</a>. Spot silver traded at US$57.65 per ounce.</p> <p><a href="https://sdbullion.com/silver-prices" target="_blank" rel="noopener">As of 6:41 a.m. EDT on July 29, spot silver traded at US$58.23 per ounce, up US$0.48, or 0.83%, on the day</a>. Silver was also priced at US$1.87 per gram and US$1,872.09 per kilogram.</p> <h2 style="text-align: center;">Third-Party Analysts Note Project Expansion and Drilling Progress</h2> <p><a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/choppy-market-real-progress-4-paydirt-picks-keep-building-value/#mm" target="_blank" rel="noopener">In a June 4 report, Jeff Clark and Daniel Flynn of Paydirt discussed Mercado Minerals' letters of intent to acquire the San Rafael and La California projects,</a> which together cover 4,617 hectares in the San Dimas mining district.</p> <p><a href="https://aheadoftheherd.com/mercado-acquiring-district-scale-land-package-in-san-dimas-mining-district-mexico-richard-mills/" target="_blank" rel="noopener">Writing on June 7, Richard Mills reported that Mercado was expanding its land position in Mexico through the proposed acquisitions of the San Rafael and La California projects</a>. The analysts maintained a BUY recommendation after reviewing early Copalito assays.</p> <h2 style="text-align: center;">Exploration Programs Continue Across Copalito and Zamora</h2> <p><a href="https://www.mercadominerals.com/investors">According to the company's investor presentation</a>, the 3,000-meter diamond drill program at Copalito was approximately 65% complete with additional assay results pending. Work includes drone magnetic surveys, LiDAR interpretation, soil sampling, and ongoing drill targeting. At the Zamora project, approximately 3,000 hectares of concessions are being brought back into good standing while surface and underground sampling continue across 14 high-grade silver-gold vein occurrences [OWNERSHIP_CHART-11572]</p> <h2 style="text-align: center;">Share Structure and Market Position</h2> <p>Mercado Minerals Ltd. has a market cap of CA$6.076 million, with 75 million shares outstanding. The company's 52-week range is CA$0.075-CA$0.49.</p> <p>¹Management and Insiders own 6.5% of shares, while Strategic Investors own 27.9%. The remaining 65.6% of shares are held by Retail.</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <h3>What were the strongest drill intercepts?</h3> <p>The highest result was 0.80 meters grading 675 g/t silver equivalent within a 3.40-meter interval at 403 g/t AgEq at the El Pilar Vein.</p> <h3>Where is the Copalito project located?</h3> <p>The project is located in Sinaloa, Mexico, and covers multiple epithermal vein targets that remain open along strike and at depth.</p> <h3>What metals are included in the silver-equivalent calculation?</h3> <p>Silver equivalent uses US$24/oz silver, US$1,900/oz gold, US$0.90/lb lead, and US$1.10/lb zinc with assumed recoveries of 91% silver, 94% gold, 70% lead, and 75% zinc.</p> <p><a href="https://www.mercadominerals.com/news-releases/mercado-minerals-intersects-675-gt-silver-equivalent-at-el-pilar-vein-copalito-project20260728" target="_blank" rel="noopener">Daniel Rodriguez, CEO and Director, said in a company news release</a>: "We are pleased and encouraged by the results from our inaugural diamond drill program at Copalito. We successfully expanded on known areas of mineralization along strike and at depth at El Agua, 5 Senores, and El Pilar."</p> <p>Early drilling success at Copalito, combined with elevated precious metals prices and a low market capitalization, positions Mercado Minerals for continued news flow as additional assay results are released and follow-up programs are planned.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li> Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31991"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31991" width="0" height="0"> <p>( Companies Mentioned: MERC:CSE;MRMNF:OTCQB;M2R:FSE, )</p> Wed, 29 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/29/tanzania-gold-developer-starts-phase-1-earthworks-at-imwelo.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/29/tanzania-gold-developer-starts-phase-1-earthworks-at-imwelo.html?utm_medium=feed">Streetwise Reports 07/29/2026</a></b> </p> Lake Victoria Gold begins Phase 1 earthworks at its permitted Imwelo gold project in Tanzania. Construction camp nears completion as the company advances site infrastructure and follows local content rules.<p>Gold market conditions continue to draw attention from retail investors seeking exposure to development-stage projects in stable jurisdictions. <span id="link_copy_11073"><a href="https://www.streetwisereports.com/pub/co/11073?utm_medium=feed" target="_blank" rel="noopener">Lake Victoria Gold Ltd. (LVG:TSX.V; LVGLF:OTCQB; E1K:FSE)</a></span> is now executing visible construction steps at its Imwelo gold project in Tanzania, moving the asset from planning into active site work.</p> <p>Investors evaluating junior gold developers often focus first on permitting status, infrastructure progress, and capital discipline. Lake Victoria Gold meets several of these criteria at Imwelo, where Phase 1 earthworks have started, and the construction camp is nearly finished. The company is using an engineering, procurement, and construction management framework that emphasizes local Tanzanian contractors while retaining international technical oversight.</p> <h2 style="text-align: center;">Why Lake Victoria Gold Stands Out Among Gold Developers</h2> <p>The company is advancing Imwelo under a practical sequence that prioritizes early infrastructure investments with long-term value. Upgrades to the access road and preparation of the processing plant site are underway, supported by mobilized earthmoving equipment managed by the on-site team. These steps reduce future logistical risk and align with Tanzania's local content requirements through the lead contractor City Engineering Company Ltd.</p> <h2 style="text-align: center;">Key Assets and Project Catalysts at Imwelo</h2> <p>Imwelo benefits from prior JORC-compliant studies, although the company notes these are not current under National Instrument 43-101, and no feasibility study with mineral reserves has been completed. The project is designed as a low-capex open-pit operation. Recent sterilization drilling of 23 holes confirmed that planned locations for the processing plant and camp contain no significant gold mineralization, lowering development risk. Geotechnical data from the program, including a continuous clay layer and favorable rock conditions at Area C, will inform foundation design and potential steeper pit slopes.</p> <p>The camp itself is being built for permanent use rather than temporary construction only. Water storage, power systems, plumbing, and electrical work are advancing, allowing the facility to transition directly into operations and avoid duplicate capital outlays, <a href="https://lakevictoriagold.com/lake-victoria-gold-commences-phase-1-earthworks-at-fully-permitted-imwelo-gold-project/" target="_blank" rel="noopener">according to a July 28 release</a></p> <h2 style="text-align: center;">Industry Timing and Gold Market Trends</h2> <p>Gold prices have traded in a consolidation range near US$4,000 per ounce while investors await clearer signals on U.S. monetary policy. Analysts at State Street Investment Management note that expectations for continued Federal Reserve tightening may have peaked, leaving room for gold to move higher once two-year yields decline. Separate commentary from BMO Capital Markets highlights sustained Chinese demand as a structural support for prices over the coming years.</p> <h2 style="text-align: center;">Analyst Views and Valuation Considerations</h2> <p>Atrium Research analyst Ben Pirie highlighted the sterilization drilling milestone in a June 23 report, noting reduced development risk and positive geotechnical findings. <a href="https://www.streetwisereports.com/article/2026/06/23/tanzania-focused-gold-developers-sterilization-drilling-clears-the-way-for-construction.html?utm_medium=feed" target="_blank" rel="noopener">According to Atrium Research Analyst Ben Pirie in a June 23 report,</a> Pirie maintained a Buy rating and CA$0.50 target price. Red Cloud analyst Alina Islam previously noted the Monetary Metals gold loan agreement as a financing step with limited dilution potential, subject to final approvals.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Phase 1 earthworks and camp construction provide visible progress at the fully permitted Imwelo project.</li> <li>Local Tanzanian contractor leadership, combined with international technical support, follows regulatory requirements while managing costs.</li> <li>Sterilization drilling cleared key infrastructure sites and supplied useful geotechnical data for pit and foundation design.</li> <li>The camp is engineered for direct transition into permanent operations, reducing future capital needs.</li> <li>Gold market support from Asian demand and potential shifts in U.S. rate expectations create a constructive backdrop, though project risks remain.</li> <li>Share structure shows meaningful insider and strategic ownership alongside retail investors.</li> </ul> <h2 style="text-align: center;">Share Structure and Upcoming Milestones</h2> <p>Lake Victoria Gold has a market capitalization of CA$50 million based on 199.58 million shares outstanding. The 52-week trading range is CA$0.16 to CA$0.36. ¹Institutions hold 10 percent, strategic corporate investors hold 18 percent, management and insiders hold 21 percent, and retail investors hold the remaining 51 percent. [OWNERSHIP_CHART-11073]</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>Q: What does Phase 1 earthworks include?</strong> A: Road upgrades and initial plant site preparation, such as vegetation clearing, topsoil stockpiling, pad compaction, and service trenching.</p> <p><strong>Q: Why is the camp designed for permanent use?</strong> A: The facility will transition directly into mine operations, avoiding duplicate spending on temporary and permanent housing.</p> <p><strong>Q: What risks should investors consider?</strong> A: The company has not completed a current NI 43-101 feasibility study with mineral reserves, so any production decision carries greater technical and economic uncertainty.</p> <p><strong>Q: When does the company expect construction to begin?</strong> A: Lake Victoria Gold targets the start of construction at Imwelo during the third quarter of 2026, subject to ongoing engineering and financing steps.</p> <p>Retail investors should weigh the project's infrastructure milestones and local execution model against the absence of current feasibility-level reserves and broader gold price volatility when assessing Lake Victoria Gold.</p> <p>[SMNLINSERT]</p><p>Important Disclosures:</p><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>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31990"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31990" width="0" height="0"> <p>( Companies Mentioned: LVG:TSX.V; LVGLF:OTCQB; E1K:FSE, )</p> Wed, 29 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/29/nevada-copper-gold-survey-delivers-key-anomalies-at-bonita.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/29/nevada-copper-gold-survey-delivers-key-anomalies-at-bonita.html?utm_medium=feed">Streetwise Reports 07/29/2026</a></b> </p> VR Resources' DCIP survey at its Bonita project in Nevada identifies conductivity and IP anomalies as strong vectors for buried copper-gold porphyry targets. Retail investors review the latest data and catalysts.<p>Global demand for copper continues to shift toward strategic sectors, including AI infrastructure, defense systems, power grids, and clean energy. By 2040, these areas could represent nearly 45 percent of total copper demand, up from 32 percent in 2024. This backdrop creates a focused opportunity for early-stage explorers holding prospective porphyry copper-gold assets in established mining jurisdictions.</p> <p><span id="link_copy_9362"><a href="https://www.streetwisereports.com/pub/co/9362?utm_medium=feed" target="_blank" rel="noopener">VR Resources Ltd. (VRR:TSXV; VRRCF:OTCQB; 5VR:FWB)</a></span> recently received final results from a high-resolution 3-D-array DCIP geophysical survey over the Iron Chief Copper Queen target at its Bonita project in Nevada. The data adds meaningful vectors that help prioritize future drilling within a large alteration and breccia system already mapped on the surface.</p> <h2 style="text-align: center;">Why the Bonita Survey Matters Now</h2> <p>The survey covered a 1.5 by 3.5 kilometer block and reached approximately 400 meters in depth. Dense resistivity and induced polarization readings produced a detailed three-dimensional model. Two anomalies stand out: a conductivity anomaly adjacent to the Iron Chief specularite syenite breccia on the east flank of Copper Queen hill, and an IP chargeability anomaly on the south flank near the Whiskey Bottle breccia center.</p> <p>CEO Michael Gunning described the features as the strongest exploration vectors established to date toward a potential buried copper-gold stock or breccia body. The conductivity anomaly extends from surface to depth and sits between historic copper veins at the 1936 mine and the Iron Chief breccia. The IP anomaly aligns with porphyry-style copper-sulfide veining intersected in 2017 drilling and with corresponding copper-gold geochemical signatures.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>The DCIP survey provides new subsurface vectors at Bonita that complement four years of surface mapping and sampling across the lithocap and hilltop.</li> <li>VR Resources maintains a primary focus on drilling at the New Boston polymetallic project while integrating Bonita data for future targeting.</li> <li>Technical Analyst Stewart Thomson maintains a long-term price target of CA$3.40 with bullish technical indicators on the stock.</li> <li>Upcoming assay results from the Jeep Mine target at New Boston are expected in August 2026.</li> <li>The company holds a 9.9 percent interest in Athos Metals following the farm-out of its Ontario critical-metals assets, preserving upside in that district.</li> <li>Market capitalization stands near CA$3.78 million with 39.79 million shares outstanding after consolidation, leaving substantial leverage to exploration success.</li> </ul> <h2 style="text-align: center;">Company Strategy and Project Pipeline</h2> <p>VR Resources positions itself for early-stage discovery by applying grassroots exploration techniques across multiple polymetallic porphyry systems in Nevada. The stated objective is to capture the steepest portion of the value-creation curve for shareholders. At Bonita, the company plans to integrate the new DCIP model with its existing geochemical and geological database before selecting follow-up drill sites.</p> <p>At the New Boston project, a 2,900-foot hole recently intersected polyphase veins at the Jeep Mine target. Assay results are pending. Additional approved drill sites remain available under the current NOI permit for testing sheeted and stockwork veins in porphyry dykes and Triassic limestone host rock.</p> <h2 style="text-align: center;">Market Context and Valuation Perspectives</h2> <p>Copper futures recently traded below US$6.30 per pound amid broader macroeconomic uncertainty ahead of Federal Reserve decisions. Physical inventories have risen more than 500,000 tonnes since the start of the year. Despite short-term price pressure, structural demand from data centers and defense applications supports a constructive longer-term outlook.</p> <p>¹In May 2026, technical analyst Stewart Thomson issued a Speculative Buy rating with targets of CA$0.75 short-term, CA$2.30 medium-term, and CA$3.40 long-term. He noted that On Balance Volume reached a multi-year high while Chaikin Money Flow showed bullish divergence at elevated levels.</p> <h2 style="text-align: center;">Upcoming Catalysts and Share Structure</h2> <p>Key near-term items include receipt of Jeep Mine assays in August 2026 and continued interpretation of the Bonita DCIP dataset. The previously announced farm-out of the Empire-Silverback project in Ontario is expected to close by the end of summer 2026, leaving VR with a 9.9 percent equity position in the resulting issuer. [OWNERSHIP_CHART-9362]</p> <p>VR Resources Ltd. has a market cap of CA$3.78 million, with 39.79 million shares outstanding. The company's 52-week range is CA$0.10-CA$0.45. ²Currently, the company reports approximately 1% of shares are owned by Management and Insiders post-consolidation, while around 25% are held by Institutions. The remaining 74% are held by Retail. Ownership details will be subject to change in light of recent share consolidation. </p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>Q: How do conductivity and IP anomalies help exploration?</strong></p> <p>A: Conductivity anomalies can highlight zones of higher electrical conductivity often linked to alteration or certain minerals, while IP anomalies frequently indicate the presence of sulphide minerals. Together, they narrow the search area for buried porphyry centers before drilling begins.</p> <p><strong>Q: What is the significance of the 2017 drill results mentioned?</strong></p> <p>A: Initial drilling intersected porphyry-style copper-sulfide veins with associated anomalous copper-gold geochemistry. The new IP anomaly south of Iron Chief may provide a vector back to similar mineralization at depth.</p> <p><strong>Q: Why does VR keep New Boston as the main focus?</strong></p> <p>A: The company views New Boston as offering nearer-term drilling catalysts while Bonita data undergoes full integration. Both projects sit in Nevada, a jurisdiction with a long mining history and clear permitting pathways.</p> <p><strong>Q: What risks should investors consider?</strong></p> <p>A: Exploration companies face the possibility that anomalies may not lead to economic mineralization. Additional drilling, permitting, and funding requirements remain standard parts of the development process.</p> <p>Retail investors monitoring copper-sector opportunities can review the latest Bonita survey results alongside ongoing work at New Boston to assess how these Nevada assets fit within a broader discovery-focused portfolio.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>VR 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>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 VR Resources Ltd. </li> <li>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting"><strong>here.</strong></a></p> <p><strong>1. Disclosure for the quote from the Stewart Thomson article published on May 15, 2026</strong></p> <ol> <li>For the quoted article (published on May 15, 2026, VR Resources Ltd. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.</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> </ol> <p><strong>2. Ownership and Share Structure Information</strong></p> <p>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.</p> <p> </p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31989"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31989" width="0" height="0"> <p>( Companies Mentioned: VRR:TSXV; VRRCF:OTCQB; 5VR:FWB, )</p> Wed, 29 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/29/step-out-drilling-delivers-el-pilars-two-best-intercepts-to-date-as-vein-remains-open.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/29/step-out-drilling-delivers-el-pilars-two-best-intercepts-to-date-as-vein-remains-open.html?utm_medium=feed">Streetwise Reports 07/29/2026</a></b> </p> Mercado Minerals Ltd. (MERC:CSE; MRMNF:OTCQB; M2R:FSE) reported results from its inaugural 3,000-meter Copalito drill program, highlighting up to 675 g/t silver equivalent while expanding mineralization across multiple vein targets in Mexico.<div class="qMYqUG_convSearchResultHighlightRoot"> <div class="" data-turn-id-container="50d3af98-7fbf-455a-a8c2-a157aa92a312" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]: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="50d3af98-7fbf-455a-a8c2-a157aa92a312" data-turn-id-container="50d3af98-7fbf-455a-a8c2-a157aa92a312" data-testid="conversation-turn-2" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-8 [--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" data-conversation-screenshot-content=""> <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+&amp;]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="ed796b9b-ac25-4d90-9c73-db20ada7b6f6" data-turn-start-message="true" data-message-model-slug="gpt-5-5"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <div class="qMYqUG_convSearchResultHighlightRoot"> <div class="" data-turn-id-container="50d3af98-7fbf-455a-a8c2-a157aa92a312" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]: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="50d3af98-7fbf-455a-a8c2-a157aa92a312" data-turn-id-container="50d3af98-7fbf-455a-a8c2-a157aa92a312" data-testid="conversation-turn-2" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-8 [--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" data-conversation-screenshot-content=""> <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+&amp;]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="ed796b9b-ac25-4d90-9c73-db20ada7b6f6" data-turn-start-message="true" data-message-model-slug="gpt-5-5"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <p class="PDq2pG_selectionAnchorContainer" data-start="86" data-end="690"><strong><span class="for_co_card_11572">Mercado Minerals Ltd. (MERC:CSE; MRMNF:OTCQB; M2R:FSE)</span></strong> announced <a href="https://www.mercadominerals.com/news-releases/mercado-minerals-intersects-675-gt-silver-equivalent-at-el-pilar-vein-copalito-project20260728" target="_blank" rel="noopener">drill results from its inaugural 3,000-meter diamond drill program at the Copalito Project in Sinaloa, Mexico.</a> </p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">The company said highlight results included 0.80 meters grading 9 grams per tonne (g/t) silver, 5.37 g/t gold, 1.65% lead and 10.05% zinc, equivalent to 675 g/t silver equivalent (AgEq), within a broader interval of 3.40 meters grading 11 g/t silver, 3.53 g/t gold, 1.45% lead and 4.41% zinc, or 403 g/t AgEq, beginning at 118.00 meters.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">Silver-equivalent grades in the release are calculated using metal prices of US$24 per ounce silver, US$1,900 per ounce gold, US$0.90 per pound lead, and US$1.10 per pound zinc, together with assumed recoveries of 91% silver, 94% gold, 70% lead, and 75% zinc. Mercado said those recovery assumptions are drawn from metallurgical studies on analogous epithermal vein deposits and that no metallurgical work has been reported on the property. All reported intervals are drilled core lengths; true widths have not been established.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">At the El Pilar Vein, Mercado said step-out drilling returned what it described as the two best mineralized intercepts at the target to date. The vein has been defined by drilling over a strike length of 1,250 meters, including an approximately 400-meter-long by 200-meter down-dip area of higher-grade mineralization. The company said the vein remains open along strike and at depth in all directions, and that expanding the higher-grade area will be a focus of future programs.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">Hole COP-26-019 intersected 3.40 meters grading 11 g/t silver, 3.53 g/t gold, 1.45% lead, and 4.41% zinc (403 g/t AgEq) from 118.00 meters, including 0.80 meters grading 9 g/t silver, 5.37 g/t gold, 1.65% lead, and 10.05% zinc (675 g/t AgEq). Hole COP-26-018 intersected 4.05 meters grading 9 g/t silver, 1.86 g/t gold, 1.19% lead, and 4.08% zinc (264 g/t AgEq) from 117.40 meters, including 0.65 meters grading 18 g/t silver, 3.80 g/t gold, 3.14% lead, and 11.85% zinc (635 g/t AgEq).</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">At the El Agua Vein, two step-out holes tested the structure along strike and at depth. Hole COP-26-023 returned a broad intercept of 48.40 meters grading 26 g/t silver, 0.33 g/t gold, 0.10% lead, and 0.57% zinc (64 g/t AgEq) from 81.60 meters, including 8.00 meters grading 103 g/t silver, 1.11 g/t gold, 0.18% lead, and 0.86% zinc (200 g/t AgEq). Hole COP-26-017 tested a shallower portion of the vein and returned 1.25 meters grading 66 g/t silver, 0.06 g/t gold, 0.08% lead, and 0.10% zinc (68 g/t AgEq) from 44.75 meters. Mercado said the results define a higher-grade corridor measuring approximately 500 meters along strike and 200 meters down dip within the broader 950-meter strike length, and that mineralization remains open along strike in both directions and partially open at depth.</p> <p class="font-claude-response-body break-words whitespace-normal" dir="ltr">Five holes tested vein extensions and newly identified targets at southeast 5 Se&ntilde;ores, Chente, El Medio, and El Pilar Sur. All intersected the targeted structures, but the assays were weak. At the southeast extension of the 5 Se&ntilde;ores Vein, one hole returned two intercepts of 4.50 meters and 7.80 meters grading 28 g/t and 29 g/t AgEq, respectively. Hole COP-26-021 at Chente returned 0.60 meters at 33 g/t AgEq, and hole COP-26-022 at El Medio returned 0.60 meters at 88 g/t AgEq. At El Pilar Sur, hole COP-26-024 cut an 8.80-meter drill-length interval of vein and fault breccia that the company reported as returning no significant results, as did hole COP-26-020 at El Medio. Mercado said the holes confirm the structures are present at depth in previously undrilled ground, and that future targeting work will draw on the surface and drill data to determine where to test them next.</p> <p data-start="2304" data-end="2727"><a href="https://www.mercadominerals.com/news-releases/mercado-minerals-intersects-675-gt-silver-equivalent-at-el-pilar-vein-copalito-project20260728" target="_blank" rel="noopener">Daniel Rodriguez, CEO and Director, said in a company news release</a>: "We are pleased and encouraged by the results from our inaugural diamond drill program at Copalito. We successfully expanded on known areas of mineralization along strike and at depth at El Agua, 5 Se&ntilde;ores, and El Pilar. Early exploratory drilling at SE 5 Se&ntilde;ores, Pilar Sur, and El Medio is encouraging for further follow-up and refined drill targeting."</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="y6qkkk" data-start="0" data-end="87"><span role="text"><strong data-start="4" data-end="87">Gold and Silver Prices Held Near Record Highs Ahead of Federal Reserve Decision</strong></span></h2> <p data-start="89" data-end="333"><a href="https://www.jmbullion.com/charts/gold-price/?wickedsource=google&amp;wickedid=CjwKCAjwyabTBhBFEiwAM3mNULJ7-QH-tFVhNe05bjDULq93eCwi_QOL8z86osa6qwulC1xi5Q5kjxoCQ0sQAvD_BwE&amp;w_adid=809133384401&amp;w_campaignid=173655985&amp;gad_source=1&amp;gad_campaignid=173655985&amp;gbraid=0AAAAADwTUk_FBVPyz5QzvEqW84QCCU4GU&amp;gclid=CjwKCAjwyabTBhBFEiwAM3mNULJ7-QH-tFVhNe05bjDULq93eCwi_QOL8z86osa6qwulC1xi5Q5kjxoCQ0sQAvD_BwE" target="_blank" rel="noopener">As of 6:33 a.m. EDT on July 29, live spot prices showed gold at US$4,047.03 per ounce, up US$11.08</a>, or 0.27%, on the day. Platinum stood at US$1,602.30 per ounce and palladium at US$1,278.06 per ounce.</p> <p data-start="335" data-end="833"><a href="https://www.reuters.com/world/asia-pacific/gold-edges-lower-ahead-fed-decision-interest-rates-2026-07-29/" target="_blank" rel="noopener">Reuters reported on July 29 that gold prices edged higher as investors awaited the U.S. Federal Reserve's interest rate decision</a>. Nikos Tzabouras, senior market analyst at Tradu.com, told Reuters, "Gold is holding up today on dip-buying around the psychological US$4,000 level, prospects of a US-Iran diplomatic off-ramp and market expectations for a Fed hold."</p> <p data-start="835" data-end="1326">According to Reuters, markets broadly expected the Federal Reserve to leave interest rates unchanged, although the CME FedWatch Tool indicated a 31% probability of a 25-basis-point increase. Tzabouras said the policy announcement and subsequent press conference could drive market volatility, adding that "any hawkish signals would open the door to new 2026 lows, currently sitting at US$3,941, while any dovish tilt would give bullion the opportunity to extend its rebound beyond US$4,100."</p> <p data-start="1328" data-end="1780">Reuters also reported that traders assigned a 77% probability to a September rate increase. The news service noted that gold has traditionally been viewed as a hedge against inflation, while higher interest rates tend to reduce the appeal of non-yielding assets. Reuters added that Commerzbank lowered its year-end gold price forecast to US$4,500 per troy ounce while maintaining an expectation that silver could reach US$67 per troy ounce by year's end.</p> <p data-start="1782" data-end="2389"><a href="https://www.cnbc.com/2026/07/29/gold-holds-steady-ahead-of-feds-rate-decision.html" target="_blank" rel="noopener">CNBC, citing Reuters on July 29, also reported that gold traded in a narrow range as investors awaited the Federal Reserve's policy decision and comments from Fed Chairman Kevin Warsh</a> for signals on inflation and interest rates. Spot gold traded at US$4,029.08 per ounce, while August U.S. gold futures slipped 0.2% to US$4,028.10 per ounce. Kelvin Wong, senior market analyst at OANDA, told the publication, "Gold is very much connected to today's FOMC meeting... The scenario that may see a potential reversal of the recent bearish bias in gold prices will be the Fed turning to a less hawkish rhetoric."</p> <p data-start="2391" data-end="2752">According to CNBC, markets priced in a 70% probability that the Federal Reserve would leave interest rates unchanged and a 30% chance of a 25-basis-point increase, while expectations for a September increase stood at 76%. CNBC also reported that spot silver traded at US$57.65 per ounce, platinum at US$1,600.40 per ounce, and palladium at US$1,261.00 per ounce.</p> <p data-start="2754" data-end="2934"><a href="https://sdbullion.com/silver-prices" target="_blank" rel="noopener">As of 6:41 a.m. EDT on July 29, spot silver traded at US$58.23 per ounce, up US$0.48, or 0.83%, on the day</a>. Silver was also priced at US$1.87 per gram and US$1,872.09 per kilogram.</p> <p data-start="2936" data-end="3282" data-is-last-node="" data-is-only-node="">Recent market data showed that silver remained well above year-earlier levels despite short-term fluctuations. As of July 28, the metal had declined 2.25% over one day, 2.93% over seven days, and 3.48% over one month. Over longer periods, however, silver had gained 49.62% over the previous year, 127.88% over five years, and 182.96% over 10 years.</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="pcag3o" data-start="0" data-end="67"><span role="text"><strong data-start="4" data-end="67">Third-Parties Highlight Project Expansion and Continued Drilling</strong></span></h2> <p data-start="69" data-end="462"><a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/choppy-market-real-progress-4-paydirt-picks-keep-building-value/#mm" target="_blank" rel="noopener">In a June 4 report, Jeff Clark and Daniel Flynn of Paydirt discussed Mercado Minerals' letters of intent to acquire the San Rafael and La California projects,</a> which together cover 4,617 hectares in the San Dimas mining district. The analysts wrote that both projects had seen limited modern exploration and that historic work provided "a promising foundation for a contemporary re-evaluation."</p> <p data-start="464" data-end="851">Clark and Flynn stated that the acquisitions did not change their investment thesis, noting that drilling at the Copalito project was already underway and that the company had reported what they described as "encouraging assays." They also wrote that the additional projects reflected Mercado's local experience in Mexico and "add another bite at the cherry in terms of diversification."</p> <p data-start="853" data-end="1093">The Paydirt report maintained a "RECOMMENDATION: BUY." Clark and Flynn wrote, "The company still has two strong core projects. It has started drilling, just as promised. Early results are encouraging, and more assays should be coming soon."</p> <p data-start="1095" data-end="1697"><a href="https://aheadoftheherd.com/mercado-acquiring-district-scale-land-package-in-san-dimas-mining-district-mexico-richard-mills/" target="_blank" rel="noopener">Writing on June 7, Richard Mills reported that Mercado was expanding its land position in Mexico through the proposed acquisitions of the San Rafael and La California projects</a>. Citing the company's June 2 news release, Mills quoted Chief Executive Officer Daniel Rodriguez as saying, "This is exactly the type of opportunity Mercado is looking for. Our ability to access new projects because of our team in Mexico helped uncover this potential. We are now working towards building a truly district-scale presence with kilometers of cumulative vein strike length and numerous highly compelling targets."</p> <p data-start="1699" data-end="2251">Mills also reviewed progress at the Copalito project, noting that Mercado had released assay results from the first three holes of its 3,000-meter drill program. He cited Rodriguez's April 29 statement: "With these first three results, we are proving the continuation of 5 Se&ntilde;ores and growing the potential of that structure. We are happy with what we are seeing and looking forward to interpreting and analyzing the next batch of results. We have moved on to testing El Agua Vein and then El Pilar with a similar approach to what we did at 5 Se&ntilde;ores."</p> <p data-start="2253" data-end="2573" data-is-last-node="" data-is-only-node="">Referring to an April 21 drill program update, Mills also quoted Rodriguez as saying, "The goal has been to expand on the known and go test some of the unknown." Rodriguez added, "We see potential to expand on known areas and new areas of interest as the team continues to uncover more through prospecting and sampling."</p> <h2 style="text-align: center;" data-start="2729" data-end="2789"><strong data-start="2729" data-end="2789">Exploration Programs Continue Across Copalito and Zamora</strong></h2> <p data-start="2791" data-end="3406"><a href="https://www.mercadominerals.com/investors">According to the company's investor presentation</a>, Mercado's 3,000-meter diamond drill program at Copalito was approximately 65% complete, with additional assay results pending from multiple vein targets. The program is designed to test extensions of known veins, conduct infill drilling, evaluate targets at depth, and drill newly identified targets. Current drilling is expanding the 5 Se&ntilde;ores and El Agua veins along strike and at depth while testing the Pilar, El Medio, and El Chente targets, including first drill tests at the southeast 5 Se&ntilde;ores extension and El Pilar Sur extension. </p> <p data-start="3408" data-end="3784">The presentation also states that Mercado's 2026 exploration program includes drone magnetic data collection, LiDAR interpretation, a comprehensive soil sampling program that identified new anomalies, forensic mapping, prospecting, and sampling that delineated new veins and vein segments, and ongoing drill targeting using those datasets. </p> <p data-start="3786" data-end="4114" data-is-last-node="" data-is-only-node="">For the Zamora project, the presentation states that approximately 3,000 hectares of concessions are being brought back into good standing while systematic surface and underground sampling is being conducted to define initial drill targets across 14 high-grade silver-gold vein occurrences. [OWNERSHIP_CHART-11572]</p> </div> </div> </div> </div> <div class="z-0 flex min-h-[46px] justify-start"> </div> </div> <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" data-conversation-screenshot-content=""> <h2 style="text-align: center;"><strong>Ownership &amp; Share Structure¹</strong></h2> <p>Mercado Minerals Ltd. has a market cap of CA$6.076 million, with 75 million shares outstanding. The company's 52-week range is CA$0.075-CA$0.49.</p> <p>Management and Insiders own 6.5% of shares, while Strategic Investors own 27.9%. The remaining 65.6% of shares are held by Retail.</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1nqqsko" data-start="0" data-end="39"><span role="text"><strong data-start="3" data-end="39">Frequently Asked Questions (FAQ)</strong></span></h2> <h3 data-section-id="170aqc9" data-start="41" data-end="84"><span role="text"><strong data-start="45" data-end="84">What did Mercado Minerals announce?</strong></span></h3> <p data-start="85" data-end="360">Mercado Minerals Ltd. announced drill results from its inaugural 3,000-meter diamond drill program at the Copalito Project in Sinaloa, Mexico. The company reported drill intercepts from multiple vein targets, including the El Pilar, El Agua, 5 Se&ntilde;ores, and El Pilar Sur veins.</p> <h3 data-section-id="7apbl0" data-start="362" data-end="417"><span role="text"><strong data-start="366" data-end="417">What were Mercado Minerals' best drill results?</strong></span></h3> <p data-start="418" data-end="664">The highest reported result was <strong data-start="450" data-end="499">0.80 meters grading 675 g/t silver equivalent</strong>, within a broader <strong data-start="518" data-end="575">3.40-meter interval grading 403 g/t silver equivalent</strong> at the El Pilar Vein. The interval contained silver, gold, lead, and zinc mineralization.</p> <h3 data-section-id="s9dc0l" data-start="666" data-end="712"><span role="text"><strong data-start="670" data-end="712">Where is the Copalito Project located?</strong></span></h3> <p data-start="713" data-end="857">The Copalito Project is located in <strong data-start="748" data-end="767">Sinaloa, Mexico</strong>, where Mercado Minerals is conducting its inaugural 3,000-meter diamond drilling program.</p> <h3 data-section-id="1exn22z" data-start="859" data-end="893"><span role="text"><strong data-start="863" data-end="893">What is the El Pilar Vein?</strong></span></h3> <p data-start="894" data-end="1143">The El Pilar Vein is one of the principal mineralized targets at the Copalito Project. Mercado Minerals said the vein has been defined over approximately <strong data-start="1048" data-end="1081">1,250 meters of strike length</strong> and remains open along strike and at depth in all directions.</p> <h3 data-section-id="1iqp6rp" data-start="1145" data-end="1194"><span role="text"><strong data-start="1149" data-end="1194">What were the El Agua Vein drill results?</strong></span></h3> <p data-start="1195" data-end="1510">Mercado Minerals reported that hole <strong data-start="1231" data-end="1245">COP-26-023</strong> intersected <strong data-start="1258" data-end="1338">8.00 meters grading 103 g/t silver, 1.11 g/t gold, 0.18% lead, and 0.86% zinc</strong>, equivalent to <strong data-start="1354" data-end="1383">200 g/t silver equivalent</strong>. The company said drilling outlined a higher-grade corridor approximately <strong data-start="1458" data-end="1509">500 meters along strike and 200 meters down dip</strong>.</p> <h3 data-section-id="1jye001" data-start="1512" data-end="1560"><span role="text"><strong data-start="1516" data-end="1560">What does silver equivalent (AgEq) mean?</strong></span></h3> <p data-start="1561" data-end="1862">Silver equivalent, or <strong data-start="1583" data-end="1591">AgEq</strong>, combines the value of silver with other metals such as gold, lead, and zinc into a single silver-equivalent grade using specified metal price assumptions and recovery factors. Mercado Minerals used silver-equivalent values to report several drill intercepts at Copalito.</p> <h3 data-section-id="1ss10nx" data-start="1864" data-end="1936"><span role="text"><strong data-start="1868" data-end="1936">Which drill holes produced the highest silver-equivalent grades?</strong></span></h3> <p data-start="1937" data-end="2176">Among the reported highlights, <strong data-start="1968" data-end="1982">COP-26-019</strong> returned <strong data-start="1992" data-end="2021">675 g/t silver equivalent</strong> over 0.80 meters within a broader interval of <strong data-start="2068" data-end="2097">403 g/t silver equivalent</strong>, while <strong data-start="2105" data-end="2119">COP-26-018</strong> included <strong data-start="2129" data-end="2158">635 g/t silver equivalent</strong> over 0.65 meters.</p> <h3 data-section-id="19pcsef" data-start="2178" data-end="2237"><span role="text"><strong data-start="2182" data-end="2237">What other vein targets did Mercado Minerals drill?</strong></span></h3> <p data-start="2238" data-end="2452">In addition to El Pilar and El Agua, the company drilled the <strong data-start="2299" data-end="2312">5 Se&ntilde;ores</strong>, <strong data-start="2314" data-end="2330">El Pilar Sur</strong>, <strong data-start="2332" data-end="2344">El Medio</strong>, and <strong data-start="2350" data-end="2360">Chente</strong> targets. Mercado said all holes intersected the targeted structures. Assay results at these targets were limited: COP-26-021 at Chente returned 0.60 m at 33 g/t AgEq, and COP-26-022 at El Medio returned 0.60 m at 88 g/t AgEq, while the El Medio and El Pilar Sur discovery holes returned no significant results</p> <h3 data-section-id="jvlhaw" data-start="2454" data-end="2517"><span role="text"><strong data-start="2458" data-end="2517">What did Mercado Minerals say about the 5 Se&ntilde;ores Vein?</strong></span></h3> <p data-start="2518" data-end="2768">The company reported that drilling intersected the southeast extension of the 5 Se&ntilde;ores Vein with intercepts measuring <strong data-start="2637" data-end="2652">4.50 meters</strong> and <strong data-start="2657" data-end="2672">7.80 meters</strong> from the same drill hole. Mercado said the mapped strike length remains open in all directions.</p> <h3 data-section-id="1u8l7yf" data-start="2770" data-end="2823"><span role="text"><strong data-start="2774" data-end="2823">What was discovered at the El Pilar Sur Vein?</strong></span></h3> <p data-start="2824" data-end="3017">Mercado drilled the first hole into the newly identified El Pilar Sur target, intersecting 8.80 meters of vein and fault breccia. The hole returned no significant assay results. The company mapped the structure over roughly 300 meters of strike and says future work will target higher-grade portions</p> <h3 data-section-id="xf8zjl" data-start="3019" data-end="3068"><span role="text"><strong data-start="3023" data-end="3068">Is mineralization still open at Copalito?</strong></span></h3> <p data-start="3069" data-end="3219">According to Mercado Minerals, mineralization remains <strong data-start="3123" data-end="3157">open along strike and at depth</strong> at several targets, including the El Pilar and El Agua veins.</p> <h3 data-section-id="19suegz" data-start="3221" data-end="3253"><span role="text"><strong data-start="3225" data-end="3253">Who is Mercado Minerals?</strong></span></h3> <p data-start="3254" data-end="3478">Mercado Minerals Ltd. is a mineral exploration company focused on the Copalito Project in Sinaloa, Mexico. The company trades as <strong data-start="3383" data-end="3402">MERC on the CSE</strong>, <strong data-start="3404" data-end="3426">MRMNF on the OTCQB</strong>, and <strong data-start="3432" data-end="3478">M2R on the Frankfurt Stock Exchange (FSE).</strong></p> <h3 data-section-id="walj0b" data-start="3480" data-end="3539"><span role="text"><strong data-start="3484" data-end="3539">What commodities is Mercado Minerals exploring for?</strong></span></h3> <p data-start="3540" data-end="3712">The Copalito drill results reported by Mercado Minerals include <strong data-start="3604" data-end="3635">silver, gold, lead, and zinc</strong> mineralization, with results also expressed as <strong data-start="3683" data-end="3711">silver-equivalent grades</strong>.</p> <h3 data-section-id="14x6d8i" data-start="3714" data-end="3790"><span role="text"><strong data-start="3718" data-end="3790">Why are investors watching Mercado Minerals' Copalito drill program?</strong></span></h3> <p data-start="3791" data-end="4097" data-is-last-node="" data-is-only-node="">The company's inaugural 3,000-meter drill program has returned mineralized intersections from multiple vein systems, including what Mercado described as its best mineralized intercepts to date at the El Pilar Vein, while identifying mineralization at several additional targets across the Copalito Project.</p> <p data-start="3791" data-end="4097" data-is-last-node="" data-is-only-node=""><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p> </div> </div> </section> </div> </div> </div> </div> </div> </div> </div> </div> </section> </div> </div><p>Important Disclosures:</p><ol> <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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31988"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31988" width="0" height="0"> <p>( Companies Mentioned: MERC:CSE;MRMNF:OTCQB;M2R:FSE, )</p> Wed, 29 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/29/historic-gold-silver-project-clears-final-regulatory-hurdle-before-drilling.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/29/historic-gold-silver-project-clears-final-regulatory-hurdle-before-drilling.html?utm_medium=feed">Streetwise Reports 07/29/2026</a></b> </p> ESGold Corp. (ESAU:CSE; ESAUF:OTCQB; Z7D:FSE) announced receipt of Quebec's exploration authorization, allowing field preparations and contractor mobilization to begin at Montauban.<p class="PDq2pG_selectionAnchorContainer" data-start="84" data-end="840"><a href="https://www.streetwisereports.com/pub/co/2969?utm_medium=feed" target="_blank" rel="noopener">ESGold Corp. (ESAU:CSE; ESAUF:OTCQB; Z7D:FSE)</a> announced <a href="https://esgold.com/esgold-receives-exploration-authorization-from-quebec-government-and-continues-to-advance-its-permitted-tailings-reprocessing-project/" target="_blank" rel="noopener">that it has received its Authorization of Impact-Causing Exploration Work (ATI) from Qu&eacute;bec's Minist&egrave;re des Ressources naturelles et des For&ecirc;ts for the company's planned drilling program at its 100%-owned Montauban Gold-Silver Project in Qu&eacute;bec</a>. According to the company, the authorization allows it to proceed with final field preparations and contractor mobilization for the exploration program while continuing development of its fully permitted tailings reprocessing operation, which it said remains its primary near-term objective. The accompanying presentation describes the Montauban Project as a fully permitted, fully funded tailings reprocessing project advancing toward commissioning.</p> <p data-start="842" data-end="1390">The company said the initial exploration program will systematically evaluate historical crown-pillar mineralization and test priority exploration targets developed through the integration of historical drilling, geological interpretation, Ambient Noise Tomography (ANT) data, and its three-dimensional geological model. Initial drilling will focus on the historical crown-pillar area and selected priority exploration targets, with drill results to be incorporated into the company's geological model to guide subsequent district-scale exploration.</p> <p data-start="1392" data-end="1959">According to the company, the crown pillar has not previously been systematically evaluated using modern drilling, geophysics, and three-dimensional geological modeling. ESGold said the program is intended to better define the geometry, continuity, thickness, and grade distribution of near-surface mineralization within and surrounding the former mine workings. The company also plans to test selected step-out and exploration targets identified through ANT surveys, historical drilling and mine records, structural interpretation, and its integrated geological model.</p> <p data-start="1961" data-end="2397">ESGold said its initial ANT survey and modeling identified an interpreted mineralized corridor extending approximately 900 meters in depth and more than two kilometers of strike within the original survey area. The company added that it subsequently expanded ANT survey coverage to approximately 70 square kilometers to investigate the broader geological architecture of the Montauban district and identify additional priority targets.</p> <p data-start="2399" data-end="2701">"This is a major milestone for ESGold and the Montauban Project," <a href="https://esgold.com/esgold-receives-exploration-authorization-from-quebec-government-and-continues-to-advance-its-permitted-tailings-reprocessing-project/" target="_blank" rel="noopener">Gordon Robb, Chief Executive Officer of ESGold Corp., said in a company news release.</a> "Receiving the ATI removes the principal regulatory dependency standing between the Company and the commencement of our planned exploration drilling."</p> <p data-start="2703" data-end="2932">Robb added, "We have spent considerable time compiling historical information, completing modern geophysical work, and developing an integrated geological model. We are now in a position to begin testing that work with the drill."</p> <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+&amp;]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="3e739e04-c54c-47ec-a6fa-400bfbd8b39c" data-message-model-slug="gpt-5-5" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1mdppr9" data-start="0" data-end="69">Gold and Silver Prices Stayed Elevated Ahead of Federal Reserve Meeting</h2> <p data-start="71" data-end="303"><a href="https://www.jmbullion.com/charts/gold-price/?wickedsource=google&amp;wickedid=CjwKCAjwyabTBhBFEiwAM3mNULJ7-QH-tFVhNe05bjDULq93eCwi_QOL8z86osa6qwulC1xi5Q5kjxoCQ0sQAvD_BwE&amp;w_adid=809133384401&amp;w_campaignid=173655985&amp;gad_source=1&amp;gad_campaignid=173655985&amp;gbraid=0AAAAADwTUk_FBVPyz5QzvEqW84QCCU4GU&amp;gclid=CjwKCAjwyabTBhBFEiwAM3mNULJ7-QH-tFVhNe05bjDULq93eCwi_QOL8z86osa6qwulC1xi5Q5kjxoCQ0sQAvD_BwE" target="_blank" rel="noopener">As of 6:33 a.m. EDT on July 29, live spot prices showed gold at US$4,047.03 per ounce</a>, up US$11.08, or 0.27%, on the day. Platinum at US$1,602.30 per ounce, and palladium at US$1,278.06 per ounce.</p> <p data-start="305" data-end="819"><a href="https://www.reuters.com/world/asia-pacific/gold-edges-lower-ahead-fed-decision-interest-rates-2026-07-29/" target="_blank" rel="noopener">Reuters reported on July 29 that gold prices had edged higher as investors awaited the U.S. Federal Reserve's interest rate decision</a>. Spot gold traded at US$4,036.09 per ounce during the session, while U.S. gold futures for August delivery held at US$4,037.30 per ounce. According to Reuters, Nikos Tzabouras, senior market analyst at Tradu.com, said, "Gold is holding up today on dip-buying around the psychological US$4,000 level, prospects of a US-Iran diplomatic off-ramp and market expectations for a Fed hold."</p> <p data-start="821" data-end="1303">Reuters wrote that market participants had widely expected the Federal Reserve to leave interest rates unchanged, although the CME FedWatch Tool showed a 31% probability of a 25-basis-point rate increase. Tzabouras added, "Today's announcement and press conference could spark significant volatility. Any hawkish signals would open the door to new 2026 lows, currently sitting at US$3,941, while any dovish tilt would give bullion the opportunity to extend its rebound beyond US$4,100."</p> <p data-start="1305" data-end="1732">The Reuters report also noted that traders had assigned a 77% probability to a September rate increase. It stated that gold had typically been viewed as an inflation hedge, but that higher interest rate environments tended to weigh on the non-yielding metal. Reuters added that Commerzbank had lowered its year-end gold price forecast to US$4,500 per troy ounce while expecting silver to reach US$67 per troy ounce by year's end.</p> <p data-start="1734" data-end="2355"><a href="https://www.cnbc.com/2026/07/29/gold-holds-steady-ahead-of-feds-rate-decision.html" target="_blank" rel="noopener">CNBC, also citing Reuters on July 29, reported that gold prices had remained largely steady as investors awaited the Federal Reserve's policy decision and comments from Fed Chairman Kevin Warsh for indications on inflation and interest rates</a>. Kelvin Wong, senior market analyst at OANDA, told the publication, "Gold is very much connected to today's FOMC meeting... The scenario that may see a potential reversal of the recent bearish bias in gold prices will be the Fed turning to a less hawkish rhetoric."</p> <p data-start="2357" data-end="2902" data-is-last-node="" data-is-only-node="">According to CNBC, market expectations indicated a 70% probability that the Federal Reserve would hold rates steady and a 30% probability of a 25-basis-point increase, while markets had priced in a 76% chance of a September rate increase. The publication also stated that gold had been viewed as a hedge against inflation and that higher interest rates increased the opportunity cost of holding the non-yielding metal. It added that spot silver traded at US$57.65 per ounce, platinum at US$1,600.40 per ounce, and palladium at US$1,261 per ounce.</p> <p class="PDq2pG_selectionAnchorContainer" data-start="48" data-end="224"><a href="https://sdbullion.com/silver-prices" target="_blank" rel="noopener">As of 6:41 a.m. EST on July 29, spot silver traded at US$58.23 per ounce, up US$0.48</a>, or 0.83%, on the day. Silver also traded at US$1.87 per gram and US$1,872.09 per kilogram.</p> <p data-start="226" data-end="570">Recent market data showed silver remained elevated over longer time periods despite short-term volatility. As of July 28, the metal had declined 2.25% over one day, 2.93% over seven days, and 3.48% over one month. Over longer periods, however, silver had gained 49.62% during the previous year, 127.88% over five years, and 182.96% over 10 years.</p> <h2 style="text-align: center;">Research Firms Highlight Production Timeline and Exploration Program</h2> <p>Atrium Research analysts Riley Venton, P.Eng., and Ben Pirie maintained a BUY rating and CA$1.30 target price on ESGold Corp. in a July 28 research note after the company received Authorization of Impact-Causing Exploration Work (ATI) from the Qu&eacute;bec government for its Montauban Project.</p> <p>The analysts described the approval as "a significant regulatory milestone," noting that it allowed the company to advance its exploration program in parallel with continued development of its fully permitted tailings reprocessing operation. They wrote that ESGold was "now finalizing drill-site preparation, access planning, contractor mobilization, and the sequencing of its initial drill targets to get drills turning," while maintaining their BUY rating and CA$1.30/share target price.</p> <p>According to Atrium, the initial drilling campaign would focus on the historical crown-pillar area to better define the geometry, continuity, thickness and grade distribution of near-surface mineralization surrounding the former mine workings. The report stated that the crown pillar represented "a significant target which has not been systematically evaluated," with the potential to serve as an initial feed source after the project's tailings are exhausted. Atrium added that subsequent drilling was expected to test step-out and exploration targets generated through historical drilling, geological interpretation, Ambient Noise Tomography (ANT) data and the company's evolving three-dimensional geological model.</p> <p>The analysts also highlighted results from the initial ANT survey, which identified a mineralized corridor extending approximately 900 meters in depth and more than two kilometers along strike. They noted that the system widened at depth, remained open, and that survey coverage had since been expanded to approximately 70 square kilometers to identify additional exploration targets. According to the report, the upcoming drill program represented "a transition from geological interpretation to physical testing of the Montauban system," with results expected to refine the geological model and guide future exploration.</p> <p>Atrium said the authorization followed continued operational progress at Montauban, including completion of an inspection program and approval of the remaining equipment for shipment, which it said was expected to arrive on site within 45 to 60 days. The report also noted that major mining equipment, including the concentrator and thickeners, was expected to arrive in August as preparations for production continued. Atrium identified construction completion and first production in the second half of 2026, commencement of drilling in the near term, and cash flow generation in 2027 as its principal upcoming catalysts.</p> <p>Red Cloud Securities initiated coverage of ESGold on June 22 with a BUY rating and a CA$0.90 price target.</p> <p>Analyst Alina Islam wrote that the company was "months from first production" at its fully permitted, funded, and under-construction Montauban gold-silver tailings reprocessing project, describing it as "a rare junior offering both near-term producer cash flow and explorer-style discovery potential."</p> <p>The report stated that Red Cloud believed the company's available liquidity was sufficient "to fund the project to first pour without additional equity financings." It also pointed to exploration opportunities associated with the 2025 Ambient Noise Tomography survey, noting that the identified mineralized corridor was "essentially undrilled below ~200m." According to the report, "a successful result could add significant value to the story, while a negative result leaves the tailings and crown pillar economics entirely intact."</p> <p>Red Cloud also identified several upcoming operational milestones, including planned step-out drilling during the third quarter of 2026, the first gold pour in the fourth quarter of 2026, conversion of the crown pillar resource to NI 43-101 compliance in 2027, and execution of a mica offtake agreement.</p> <h2 style="text-align: center;" data-section-id="1quw6xu" data-start="2934" data-end="2985">Drilling Program and Project Activities Advance</h2> <p data-start="2987" data-end="3369">With the ATI now received, ESGold said it is finalizing drill-site preparation, access planning, contractor mobilization, and the sequencing of its initial drill targets. The program is expected to begin with drilling in the historical crown-pillar area, followed by targeted step-out holes designed to evaluate the potential continuation of mineralization along strike and at depth.</p> <p data-start="3371" data-end="3820"><a href="https://esgold.com/wp-content/uploads/2026/05/ES_Gold_May12.pdf" target="_blank" rel="noopener">The company said its next exploration milestones include mobilization of drilling personnel and equipment</a>, commencement of drilling, completion of the initial crown-pillar holes, core logging, sampling and laboratory analysis, and the release and integration of initial assay results. ESGold noted that the location, sequence, and scope of individual drill holes may be adjusted based on field conditions, geological observations, and program results.</p> <p data-start="3822" data-end="4109">According to the company, drill core generated during the program will be logged, sampled, and submitted to an accredited laboratory for analysis. The resulting data will be incorporated into the geological model and used to refine the location and sequencing of subsequent drill targets.</p> <p data-start="4111" data-end="4350">ESGold also stated that any potential future extraction of crown-pillar material remains subject to additional drilling, technical evaluation, engineering review, economic analysis, and any further regulatory approvals that may be required. [OWNERSHIP_CHART-2969]</p> <p data-start="4352" data-end="4803">The company said the exploration program will continue alongside construction, equipment procurement, and site development for its permitted tailings reprocessing operation. Its presentation states that the mill building has been completed, the project is advancing toward commissioning, the current processing capacity is rated at 1,000 tons per day, and the project is fully permitted for construction and operation.</p> <p data-start="4805" data-end="4959" data-is-last-node="" data-is-only-node="">ESGold added that, where feasible, it intends to utilize local contractors, suppliers, and service providers during execution of the initial drill program.</p> <h2 style="text-align: center;"><strong>Ownership &amp; Share Information¹</strong></h2> <p>ESGold Corp. has a market cap of CA$69 million, with 91.44 million shares outstanding. The company's 52-week range is CA$0.19-CA$1.44.</p> <p>Institutions own 5% of shares, while Management &amp; Insiders own 60%. The remaining 35% of shares are held by Retail.</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="w1c0q0" data-start="0" data-end="35"><strong>Frequently Asked Questions (FAQ)</strong></h2> <h3 data-section-id="11us9l1" data-start="37" data-end="94"><strong>What is ESGold Corp.'s Montauban Gold-Silver Project?</strong></h3> <p data-start="95" data-end="398">The Montauban Gold-Silver Project is ESGold Corp.'s 100%-owned project in Qu&eacute;bec. It includes a fully permitted tailings reprocessing operation and an exploration program targeting historical crown-pillar mineralization and additional geological targets identified through modern exploration techniques.</p> <h3 data-section-id="i7euay" data-start="400" data-end="472"><strong>What does Qu&eacute;bec's ATI exploration authorization allow ESGold to do?</strong></h3> <p data-start="473" data-end="715">The Authorization of Impact-Causing Exploration Work (ATI) allows ESGold to proceed with final drill-site preparation, access planning, contractor mobilization, and its planned exploration drilling program at the Montauban Gold-Silver Project.</p> <h3 data-section-id="hm10ye" data-start="717" data-end="765"><strong>Why is the Montauban crown pillar important?</strong></h3> <p data-start="766" data-end="1077">According to the company, the historical crown pillar has not previously been systematically evaluated using modern drilling, geophysics, and three-dimensional geological modeling. The drilling program is designed to better define the geometry, continuity, thickness, and grade distribution of the mineralization.</p> <h3 data-section-id="38se9o" data-start="1079" data-end="1122"><strong>What is ESGold planning to drill first?</strong></h3> <p data-start="1123" data-end="1394">The company's initial drilling program will begin in the historical crown-pillar area before moving to selected step-out holes and additional exploration targets identified through Ambient Noise Tomography (ANT), historical drilling records, and geological interpretation.</p> <h3 data-section-id="oks2np" data-start="1396" data-end="1461"><strong>What is Ambient Noise Tomography (ANT) in mining exploration?</strong></h3> <p data-start="1462" data-end="1717">Ambient Noise Tomography (ANT) is a geophysical imaging method used to help identify geological structures below the surface. ESGold used ANT data alongside historical drilling and geological modeling to identify priority exploration targets at Montauban.</p> <h3 data-section-id="1cdfc94" data-start="1719" data-end="1785"><strong>How large is the mineralized corridor identified at Montauban?</strong></h3> <p data-start="1786" data-end="2075">According to ESGold, its geological interpretation identified a mineralized corridor extending approximately 900 meters in depth and more than two kilometers along strike within the original survey area. The company later expanded ANT survey coverage to approximately 70 square kilometers.</p> <h3 data-section-id="12867fu" data-start="2077" data-end="2144"><strong>Is ESGold's tailings reprocessing project still moving forward?</strong></h3> <p data-start="2145" data-end="2387">Yes. ESGold stated that construction and commissioning of its fully permitted tailings reprocessing operation continue alongside the exploration drilling program, with tailings reprocessing remaining the company's primary near-term objective.</p> <h3 data-section-id="9jtzzf" data-start="2389" data-end="2453"><strong>What are the next milestones for ESGold's Montauban Project?</strong></h3> <p data-start="2454" data-end="2694">According to the company, upcoming milestones include contractor mobilization, commencement of drilling, completion of the initial crown-pillar holes, core logging and sampling, laboratory analysis, and the release of initial assay results.</p> <h3 data-section-id="19j0oh5" data-start="2696" data-end="2747"><strong>What metals are found at the Montauban Project?</strong></h3> <p data-start="2748" data-end="2942">The Montauban Project is a gold-silver project. The company is also advancing a tailings reprocessing operation while exploring historical mineralized zones surrounding the former mine workings.</p> <h3 data-section-id="a4knck" data-start="2944" data-end="2979"><strong>What is the current gold price?</strong></h3> <p data-start="2980" data-end="3167">As of July 29, live spot pricing showed gold trading at approximately US$4,047 per ounce, remaining above the US$4,000 level while investors monitored Federal Reserve policy expectations.</p> <h3 data-section-id="wikpyb" data-start="3169" data-end="3206"><strong>What is the current silver price?</strong></h3> <p data-start="3207" data-end="3380">As of July 29, live spot pricing showed silver trading at approximately US$58.23 per ounce, remaining near historically elevated levels despite recent short-term volatility.</p> <h3 data-section-id="xdg8ve" data-start="3382" data-end="3454"><strong>Why do gold prices react to Federal Reserve interest rate decisions?</strong></h3> <p data-start="3455" data-end="3745">Gold is commonly viewed as an inflation hedge. Market participants often watch Federal Reserve policy because higher interest rates can increase the opportunity cost of holding non-yielding assets such as gold, while changes in rate expectations frequently influence precious metals prices.</p> <h3 data-section-id="1o5bhmp" data-start="3747" data-end="3816"><strong>Why are investors watching gold and silver exploration companies?</strong></h3> <p data-start="3817" data-end="4051">Interest in gold and silver exploration often increases during periods of elevated precious metals prices, as companies continue advancing drilling programs, expanding geological models, and evaluating historical mineralized districts.</p> <h3 data-section-id="jl70ty" data-start="4053" data-end="4097"><strong>What is crown pillar drilling in mining?</strong></h3> <p data-start="4098" data-end="4368">Crown pillar drilling evaluates mineralized rock left near the surface above historical underground mine workings. Companies use drilling to better understand the size, continuity, and grade of the remaining mineralization before conducting further technical evaluations.</p> <h3 data-section-id="1g6ke8a" data-start="4370" data-end="4429"><strong>Why is Qu&eacute;bec considered an active mining jurisdiction?</strong></h3> <p data-start="4430" data-end="4691">Qu&eacute;bec is home to numerous gold and precious metals projects and supports ongoing exploration, development, and mining activities through a provincial permitting process that includes exploration authorizations such as the one received for the Montauban Project.</p> <p data-start="4430" data-end="4691"><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p> </div> </div> </div> </div><p>Important Disclosures:</p><ol> <li>ESGold 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>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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31986"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31986" width="0" height="0"> <p>( Companies Mentioned: ESAU:CSE;ESAUF:OTCQB; Z7D:FSE, )</p> Wed, 29 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/28/gold-developer-advances-fully-permitted-tanzania-mine.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/28/gold-developer-advances-fully-permitted-tanzania-mine.html?utm_medium=feed">Streetwise Reports 07/29/2026</a></b> </p> Lake Victoria Gold Ltd. (LVG:TSX.V; LVGLF:OTCQB; E1K:FSE) begins Phase 1 earthworks at its Imwelo gold project in Tanzania as construction of the project's site camp approaches completion. See why some experts think gold still has room to move in this volatile year.<p><span id="link_copy_11073"><a href="https://www.streetwisereports.com/pub/co/11073?utm_medium=feed" target="_blank" rel="noopener">Lake Victoria Gold Ltd. (LVG:TSX.V; LVGLF:OTCQB; E1K:FSE)</a></span> has begun Phase 1 earthworks at its fully permitted Imwelo gold project in Tanzania as construction of the project's site camp approaches completion, <a href="https://lakevictoriagold.com/lake-victoria-gold-commences-phase-1-earthworks-at-fully-permitted-imwelo-gold-project/" target="_blank" rel="noopener">according to a July 28 release</a>.</p> <p>The initial work includes improvements to the existing access road and preparation of the processing plant site. The company said these activities, together with the nearly completed camp, establish the essential infrastructure needed for the next phase of construction and represent another milestone in the project's development.</p> <p>"Imwelo is moving beyond planning and mobilization into visible, sequenced site execution," President and Chief Executive Officer Marc Cernovitch said. "We are establishing the infrastructure in the order the project requires while ensuring that early investments, including the camp, continue to serve Imwelo through construction and into operations. This practical, capital-conscious and Tanzanian-led approach is the model we intend to carry through the next stages of project development."</p> <p>Lake Victoria Gold is carrying out the program under its previously announced engineering, procurement and construction management (EPCM) framework. City Engineering Company Ltd. (CECL), a 100%-Tanzanian-owned qualifying indigenous company, is leading the work, supported by international technical expertise from Sutton Consulting International Ltd. Daily project coordination is being handled by Lake Victoria Gold's on-site team.</p> <p>The company said Phase 1 earthworks are now underway, including upgrades to the access road and initial preparation of the plant site. Construction of the camp is nearing completion, with water storage and power systems installed, plumbing finished, electrical work continuing, and accommodations being progressively fitted out. The camp has been designed for long-term use, allowing it to transition directly from a construction camp into the permanent mine operations camp once development is complete.</p> <p>Lake Victoria Gold also said it has mobilized its earthmoving fleet, with equipment deployment and utilization being managed by its on-site project team. The company added that project execution continues to follow Tanzania's local content requirements through CECL's management of contracting activities.</p> <p>As part of the Phase 1 program, crews are repairing and upgrading the existing access road to support the reliable transport of heavy machinery and construction materials. Plant-site preparation includes clearing vegetation, removing and stockpiling topsoil for future reclamation, building and compacting the plant pad, constructing sound berms, and excavating trenches for site services. The company said the required earthmoving equipment is now operating on site, while procurement arrangements for road-building and earthworks materials have been established in coordination with the relevant Tanzanian authorities.</p> <h2 style="text-align: center;"><strong>Camp to Be First Stage of Permanent Operations</strong></h2> <p>The camp is approaching completion as Lake Victoria Gold said it is preparing the site for commissioning. The company said water storage and power generation systems have been installed, plumbing work has been completed, electrical installation continues to advance, and both modular and tented accommodations are being outfitted for use.</p> <p>Lake Victoria Gold said the camp has been designed to become the first stage of the permanent operations camp rather than serving only as temporary construction infrastructure. By transitioning the facility directly into mine operations, the company expects to avoid duplicate capital spending while making more efficient use of its early project investments.</p> <p>Lake Victoria Gold's on-site project team is overseeing field operations, equipment deployment, contractor coordination, and construction sequencing. The company said this approach combines local execution, regulatory compliance, and international technical support while strengthening project delivery capabilities within Tanzania.</p> <p>In the near term, Lake Victoria Gold plans to complete and commission the construction camp while continuing upgrades to the access road and preparing the plant pad. The company also expects to finish topsoil stripping, berm construction, and reticulation trenching as it advances detailed engineering, procurement activities, and construction planning.</p> <p>Lake Victoria Gold also cautioned that although the Imwelo project has been evaluated through JORC-compliant preliminary economic assessment (PEA), prefeasibility study (PFS), and updated PFS work, those studies are not current under National Instrument 43-101. The company said it has not completed a feasibility study establishing mineral reserves that demonstrate the project's economic and technical viability under Canadian Institute of Mining, Metallurgy and Petroleum (CIM) standards. As a result, any future decision to begin production would not be based on a feasibility study supported by mineral reserves and would therefore carry greater economic and technical uncertainty. The company added that there is no assurance the planned low-capex open-pit mine will prove economically viable or that production will proceed as expected, noting that potential risks include variations in ore grade and recovery, along with unforeseen geotechnical or metallurgical challenges.</p> <h2 style="text-align: center;"><strong>Analyst: Important Drilling Milestone Reached</strong></h2> <p>Lake Victoria Gold reached an important milestone in advancing its Imwelo gold project after completing a sterilization drilling program that confirmed the planned locations for the processing plant and accommodation camp do not contain significant gold mineralization, <a href="https://www.streetwisereports.com/article/2026/06/23/tanzania-focused-gold-developers-sterilization-drilling-clears-the-way-for-construction.html?utm_medium=feed" target="_blank" rel="noopener">according to Atrium Research Analyst Ben Pirie in a June 23 report</a>.</p> <p>Pirie said the work reduces development risk by allowing construction to proceed without compromising potentially valuable mineral resources as the project moves closer to the construction stage.</p> <p>The program included 23 drill holes, with 12 drilled beneath the proposed process plant and 11 beneath the planned accommodation camp, Pirie said. The results aligned with the area's total magnetic intensity survey, confirming that the known mineralized trend lies south of the planned infrastructure. He added that the drilling also identified a continuous clay layer measuring between three and five meters across the proposed plant site, providing geotechnical information that will support foundation and civil engineering designs.</p> <p>According to Pirie, Lake Victoria also reported favorable geotechnical findings at Area C that support the project's final pit design. He noted that the company recently completed its convertible debenture financing in two tranches and strengthened its leadership team in Tanzania as it prepares for construction and future operations. Pirie added that a recent geotechnical review indicated strong rock conditions that could allow for steeper pit slopes, subject to further engineering work. The findings are being incorporated into an updated pit design alongside ongoing resource modeling, mine planning, and engineering activities.</p> <p>Looking ahead, Pirie said Lake Victoria expects to continue drilling at its Tembo Project through its partnership with Barrick while targeting the start of construction at Imwelo during the third quarter of 2026. He also emphasized the company's exploration potential, stating, "The company has plenty of exploration upside across the portfolio, with Imwelo offering mine-life extension potential and Tembo hosting multiple targets adjacent to Barrick's Bulyanhulu Mine." Pirie maintained a Buy rating on the shares with a target price of CA$0.50.</p> <p>Separately, Red Cloud analyst Alina Islam wrote on April 2 that Lake Victoria's agreement with Monetary Metals represented another significant step forward for the company. She said the arrangement provides a credible financing option with limited shareholder dilution to support Imwelo's development. According to Islam, the proposed gold loan, which would be repaid with up to 6,000 ounces of gold, carries a 15% annual interest rate over a multi-year term and was expected to close within 60 to 90 days, subject to due diligence and regulatory approvals.</p> <h2 style="text-align: center;"><strong>The Catalyst: Could Gold's Next Major Move Be Upward?</strong></h2> <p>Gold prices are likely to remain in a consolidation phase around US$4,000 per ounce through the remainder of the summer as investors await greater clarity from the Federal Reserve regarding the direction of U.S. monetary policy for the rest of the year, <a href="https://www.kitco.com/news/article/2026-07-27/golds-next-1000-move-likely-higher-fed-hawkishness-peaks-says-state-streets" target="_blank" rel="noopener">according to Neils Christensen writing for Kitco News on July 27</a>.</p> <p>Despite the current period of sideways trading, Aakash Doshi, Head of Gold Strategy at State Street Investment Management, told Kitco News that he believes gold's next major move of US$1,000 is more likely to be upward than downward. He argued that financial markets have become too aggressive in pricing expectations for continued Federal Reserve tightening.</p> <p>"The markets have done a lot of the Federal Reserve's work already," he said, according to Christensen. "There is a strong case to be made that the Federal Reserve can stay on hold through the rest of the year as real rates have moved higher."</p> <p>Doshi made the comments as gold has repeatedly struggled to sustain gains above US$4,100 per ounce while long-term real interest rates remain near their highest levels in recent years. He noted that 10-year real Treasury yields are trading around 2.4%, close to their highest point since October 2023.</p> <p>Even with those headwinds, Doshi said gold has continued to find strong support near US$4,000 per ounce because market expectations for restrictive Federal Reserve policy appear to have reached their peak ahead of next week's central bank policy meeting.</p> <p>He added that gold is likely to continue trading within a range until investors gain greater certainty about the outlook for U.S. monetary policy. Doshi reaffirmed his base-case forecast for gold to trade between US$4,750 and US$5,500 per ounce over the next six to nine months, while also maintaining that prices could reach US$5,000 per ounce during the first half of next year.[OWNERSHIP_CHART-11073]</p> <p>"If there is a shift in rate expectations, which pushes two-year yields below 4%, gold prices could get to US$4,500 to US$4,750 an ounce before the end of the year," he said. "That puts US$5,000 back into play."</p> <p><a href="https://www.kitco.com/news/article/2026-07-27/chinas-gold-stockpile-could-surpass-us-holdings-next-five-years-bmo-capital" target="_blank" rel="noopener">In a separate report for Kitco on the same day, Christensen said</a> muted investment demand from Western markets has limited gold's upside in recent months, but one bank says strong buying from Asia, particularly China, continues to provide critical support for the precious metal and that the country's influence may be far greater than official figures indicate.</p> <p>Despite a prolonged correction, gold has held above the key US$4,000-per-ounce level. In a recent report, commodity analysts at BMO Capital Markets said renewed buying from China appears to be a major factor supporting prices. The firm also argued that China's role in the global gold market is significantly larger than many investors appreciate.</p> <p>BMO expects Chinese demand to remain the primary driver of higher gold prices during the second half of the year. The analysts said that even with what they describe as a substantial undeclared gold stockpile, China is likely to continue purchasing the metal at a pace that could eventually allow it to exceed U.S. reserves.</p> <p>"China has another ~5 years of buying at current rates for the PBoC to reach the USA's level of treasury reserves, but in total gold terms could surpass the U.S. much sooner," the analysts said. "What's more, as achieved elsewhere, China is set to gain more leverage in global pricing, enabled by its sheer scale of demand and growing futures and OTC market liquidity."</p> <h2 style="text-align: center;"><strong>Ownership and Share Structure¹</strong></h2> <p>Lake Victoria Gold Ltd. has a market cap of CA$50 million, with 199.58 million shares outstanding. The company's 52-week range is CA$0.16-CA$0.36.</p> <p>Institutions own 10% of shares, while Strategic Corporate Investors own 18%, Management and Insiders own 21% of shares, and the remaining 51% of shares are held by Retail.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31985"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31985" width="0" height="0"> <p>( Companies Mentioned: LVG:TSX.V; LVGLF:OTCQB; E1K:FSE, )</p> Wed, 29 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/29/silver-producer-hits-534-945-oz-q2-output-as-la-preciosa-advances.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/29/silver-producer-hits-534-945-oz-q2-output-as-la-preciosa-advances.html?utm_medium=feed">Streetwise Reports 07/29/2026</a></b> </p> Avino Silver & Gold Mines reported 534,945 silver equivalent ounces in Q2 2026. Learn how La Preciosa development and mill upgrades support future growth amid strong precious metals prices.<p>The precious metals sector continues to attract retail investor attention as silver and gold prices hold near multi-year highs. Elevated prices reflect ongoing monetary trends and supply constraints, creating a favorable backdrop for producers with expanding output.</p> <p><span class="for_co_card_659"><strong>Avino Silver &amp; Gold Mines Ltd. (ASM:TSX; ASM:NYSE.MKT; GV6:FSE)</strong> </span>reported <a href="https://www.stockwatch.com/News/Item/Z-C!ASM-3843276/C/ASMhttps://www.stockwatch.com/News/Item/Z-C!ASM-3843276/C/ASM" target="_blank" rel="noopener">second quarter 2026 production of 267,305 silver ounces, 2,178 gold ounces, and 729,929 pounds of copper, for total production of 534,945 silver equivalent ounces.</a> This performance highlights the company's ability to increase throughput even while intentionally processing lower-grade material during strong price periods.</p> <h2 style="text-align: center;">Why Avino Stands Out in the Current Market</h2> <p>Retail investors often seek companies that balance near-term production with clear expansion catalysts. Avino meets this profile through its dual operation strategy at the Avino Mine and the La Preciosa project. The company maintains steady mill performance while advancing development at La Preciosa, positioning it to benefit from higher-grade ore in the coming quarters.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Avino produced 534,945 silver equivalent ounces in Q2 2026, exceeding analyst estimates despite planned lower copper grades.</li> <li>La Preciosa contributed 100,658 silver equivalent ounces, a 59% increase from Q1, with both mill circuits now processing its development ore.</li> <li>Mill throughput reached 184,293 dry tonnes, supported by prior automation upgrades that improved reliability.</li> <li>Exploration drilling at La Preciosa has completed 6,591 meters of a 15,000-meter program, with step-out holes targeting areas outside current resources.</li> <li>The company holds a strong cash position and repurchased 508,039 shares in Q2 under its normal course issuer bid.</li> <li>Full-year guidance of 2.4 million to 2.7 million silver equivalent ounces remains on track as higher-grade ore becomes available later in 2026.</li> </ul> <h2 style="text-align: center;">Unique Business Model and Operational Advantages</h2> <p>Avino operates two sites in Mexico. At the Avino Mine, the company identified additional surface mineralized material outside current reserves and chose to process it immediately, given favorable metal prices. Silver and gold grades from this near-surface ore proved encouraging, while copper grades were lower than expected. At La Preciosa, development mining and haulage rates rose, allowing Mill Circuit 2 to switch fully to La Preciosa ore. Development work on Level 3 of the Abundancia and Gloria areas is nearly complete, setting the stage for higher-grade production.</p> <h2 style="text-align: center;">Industry Timing and Precious Metals Trends</h2> <p>Recent market commentary underscores the broader context. <a href="https://vongreyerz.gold/golds-exponential-direction-in-simple-speak-vs-fed-speak?utm_campaign=163139794-2025%20-%20Newsletters&amp;utm_medium=email&amp;_hsenc=p2ANqtz-8GrCA27fLOo_H2o_lUR08NpUgxJqP7GGPMUAuobyCerwGS97OqT_9Y9ggTqNdC9A5t5rB5YXotUTBzZHtsiT9AVDbeRP5KPrAfGvjy9tiFmc2VEYo&amp;_hsmi=141786687&amp;utm_content=141786687&amp;utm_source=hs_email" target="_blank" rel="noopener">Matthew Piepenburg of VON GREYERZ said in a July 27 interview with InvestingNews.com </a>that volatility stems from short-term liquidity needs rather than fundamental shifts. Morning spot prices on July 28 showed <a href="https://sdbullion.com/silver-prices" target="_blank" rel="noopener"> Silver traded at US$57.97 per ounce, down US$1.03,</a> or 1.75%, on the day, <a href="https://www.jmbullion.com/charts/gold-price/?wickedsource=google&amp;wickedid=CjwKCAjwpqHTBhAcEiwAj2Afuq63VF4x6_Rszav6NHMm_neSZ6kIxf91e6wEmbnuYzkdvmEZMGZoHRoClZIQAvD_BwE&amp;w_adid=808952602476&amp;w_campaignid=173655985&amp;gad_source=1&amp;gad_campaignid=173655985&amp;gbraid=0AAAAADwTUk-9naRNworrQSisHo5ZK1Zse&amp;gclid=CjwKCAjwpqHTBhAcEiwAj2Afuq63VF4x6_Rszav6NHMm_neSZ6kIxf91e6wEmbnuYzkdvmEZMGZoHRoClZIQAvD_BwE" target="_blank" rel="noopener">while gold traded at US$4,041.53 per ounce</a>, down US$42.57.</p> <p>On July 28, newsletter writer Chen Lin wrote, "<span data-olk-copy-source="MessageBody">Gold is still consolidating, trying to build a bottom at around 4000. No breakout yet, but the longer gold stays around US$4,000, the better. I think September could be the month we have a breakout to the upside. I am building my positions during the summer.</span>" These conditions support producers that can deliver consistent throughput while advancing new sources of higher-grade feed.</p> <h2 style="text-align: center;">Analyst Views and Valuation Considerations</h2> <p>Multiple analysts maintain Buy ratings. Cantor Fitzgerald's Matthew O'Keefe kept a Buy rating and US$11.50 target after noting Q2 output exceeded his estimate. H.C. Wainwright's Heiko F. Ihle reiterated Buy while adjusting his target to US$10.25, highlighting La Preciosa's progress and the company's cash balance. Alliance Global Partners also reiterated Buy with a US$12.75 target. These views reflect confidence in the production trajectory even as lower copper grades temporarily affected totals.</p> <h2 style="text-align: center;">Share Structure and Upcoming Catalysts</h2> <p>Avino has a market cap of around CA$1.21 billion with 170.20 million shares outstanding. [OWNERSHIP_CHART-659]</p> <p>¹Management and insiders hold 6.77%, institutions own 30.9%, and retail investors hold the balance. The company expects to release Q2 2026 financial results before the market opens on Aug. 12, 2026, followed by a conference call.</p> <p>At La Preciosa, two drill rigs continue the 15,000-meter program. <a href="https://cdn.prod.website-files.com/68684222725a56e6775e0877/6a56afec57c590afd79bb84c_July_2026.pdf" target="_blank" rel="noopener">The company said 6,591 meters had been completed by the end of the second quarter as part of its planned 15,000-meter exploration program for 2026.</a> Engineering studies are evaluating long-term mining and processing rates, including the option of a stand-alone facility. At the Avino Mine, drilling targets the upper eastern system and footwall breccia extensions.</p> <h2>Common Questions from Investors</h2> <p><strong>What drove the quarter-over-quarter increase at La Preciosa?</strong> Development mining rates rose, enabling both mill circuits to process La Preciosa ore and delivering a 59% rise in silver equivalent ounces from that project.</p> <p><strong>Why did copper production decline?</strong> Planned mining sequenced into lower-grade copper zones near the historical open pit at Avino, a temporary step that preserves higher-grade reserves for later periods.</p> <p><strong>Is full-year guidance still achievable?</strong> Management confirmed the 2.4-2.7 million silver equivalent ounce target remains intact as higher-grade ore from La Preciosa Level 3 becomes available in the second half.</p> <p><strong>What is the status of exploration?</strong> Both sites have 15,000-meter programs budgeted for 2026, with step-out drilling at La Preciosa already testing areas outside the current resource model.</p> <p>Avino continues to execute on its development plan while maintaining operational flexibility. Investors monitoring production recovery and drilling results will find clear milestones ahead.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31980"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31980" width="0" height="0"> <p>( Companies Mentioned: ASM:TSX; ASM:NYSE.MKT; GV6:FSE, )</p> Wed, 29 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/28/vr-resources-finds-strongest-exploration-vectors-yet-at-its-bonita-porphyry-copper-gold-project-in-nevada.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/28/vr-resources-finds-strongest-exploration-vectors-yet-at-its-bonita-porphyry-copper-gold-project-in-nevada.html?utm_medium=feed">Streetwise Reports 07/29/2026</a></b> </p> VR Resources Ltd. (VRR:TSXV; VRRCF:OTCQB; 5VR:FWB) received final DCIP geophysical survey data revealing new conductivity and IP anomalies at Iron Chief - Copper Queen, the strongest exploration vectors yet at its Bonita porphyry copper-gold project in Nevada.<p>Precious metals investors are taking note of new survey data from <span id="link_copy_9362"><a href="https://www.streetwisereports.com/pub/co/9362?utm_medium=feed" target="_blank" rel="noopener">VR Resources Ltd. (VRR:TSXV; VRRCF:OTCQB; 5VR:FWB)</a>.</span></p> <h2 style="text-align: center;">Key Takeaways</h2> <ul> <li>VR Resources received final DCIP survey data from the Iron Chief - Copper Queen target at its Bonita porphyry copper-gold project in Nevada.</li> <li>The survey found a conductivity anomaly near Iron Chief and an IP anomaly on Copper Queen's south flank.</li> <li>CEO Michael Gunning called these the strongest exploration vectors yet for a buried copper-gold porphyry center at the site.</li> <li>The survey covered 1.5 x 3.5km (kilometers), reaching ~400m (meters) depth, with a high resolution from dense resistivity and IP data points generated.</li> <li>VR's main focus stays on drilling at New Boston, with ongoing data integration, interpretation, and follow-up drill targeting for Bonita.</li> </ul> <h2 style="text-align: center;">Survey Reveals Two Key Anomalies</h2> <p>On July 28, 2026, VR Resources announced <a href="https://www.stockwatch.com/News/Item/Z-C!VRR-3845093/C/VRR" target="_blank" rel="noopener">final data from the state-of-the-art 3-D-array DCIP geophysical survey for the Copper Queen target at its Bonita copper-gold porphyry</a> in Nevada. The company believes that the results are positive, and they include:</p> <ul> <li>Conductivity anomaly adjacent to the Iron Chief specularite syenite breccia body on the east flank of the Copper Queen hill and lithocap;</li> <li>IP chargeability anomaly on the south flank of Copper Queen hill, and adjacent to the Whiskey Bottle hydrothermal-magmatic breccia center.</li> </ul> <p>Dr. Michael Gunning, CEO of VR Resources, said in the release: "We see these new IP and conductivity anomalies as the strongest exploration vectors established to date towards the potential for a buried copper-gold stock or breccia body at Iron Chief - Copper Queen. They are central to the alteration, vein, porphyry dike, and breccia system that we have mapped and sampled on surface across the entire hilltop and lithocap during some four years of continuous exploration."</p> <p>Gunning continued: "The conductivity anomaly at Iron Chief is unique to the entire survey block . . . it extends from surface to depth. It is flanked to the east by the syenite breccia phase cemented by specularite at Iron Chief and to the west by the historic workings at the 1936 mine on the east flank of the Copper Queen hill, where copper veins are exposed on surface. The IP anomaly located to the south of the Iron Chief conductor may provide a vector for the porphyry-style copper-sulfide veining intersected in our initial drilling in 2017, for which there is a clear association in anomalous copper-gold geochemistry."</p> <p>Prior to mobilizing the DCIP survey in February, VR reviewed the survey design with the operator, DIAS Geophysical, with the goal of optimizing survey design in order to map the depth extent of copper veins that are present on surface at historic workings. Another goal was to evaluate a larger volume porphyry stock or breccia body potentially at depth as the source of the surface veins.</p> <p>To finish the press release, Gunning said: "We have only just started to dig into the robust data set and 3D models derived from the survey. We will provide further insights as we fully interpret the data and integrate the new DCIP model into our extensive project database. Our intent is to evaluate the new Iron Chief conductor and Copper Queen IP anomaly for follow-up drilling."</p> <p>The company's <a href="https://www.vrr.ca/corporate/introduction" target="_blank" rel="noopener">introduction page</a> cites VR's goal as being to ". . . leverage its experience and expertise in grassroots exploration towards early-stage discovery in order to capture the steepest part of the value creation curve in the exploration and mining process for its shareholders."</p> <h2 style="text-align: center;">Copper Demand Shifts Toward Strategic Sectors</h2> <p>Demand for copper is expected to rise due to continued use in electronics, especially with the widespread construction of new data centers and defense needs America is experiencing. A report from <a href="https://www.businessworld.in/article/copper-entering-next-commodity-supercycle-report-608319?shem=dsdf,sharefoc,agadiscoversdl,,sh/x/discover/m1/4" target="_blank" rel="noopener">Businessworld</a> claimed that "global copper demand is gradually shifting towards strategic and less price-sensitive sectors such as AI infrastructure, defense, power grids, and clean energy systems. By 2040, these categories are expected to account for nearly 45% of total copper demand, up from 32% in 2024."</p> <p>Copper has experienced some volatility this year. While a bull market for traders, physical products are trending toward a bear market due to potential tariffs. Last year, the looming potential of President Donald Trump's tariffs surged copper prices in the U.S. as American investors stockpiled the metal.</p> <p>This hype created an overstocking of copper, widening the gap between futures and physical worth. "Collectively, inventories at the world's main exchanges have risen by more than 500,000 tons since the start of the year," <a href="https://www.mining.com/web/a-copper-market-awash-with-metal-sours-traders-bullish-mood/?utm_source=Rock+Daily+%7C+RCKS+Master+Audience&amp;utm_campaign=9a3b541bbd-EMAIL_CAMPAIGN_2018_04_10_COPY_01&amp;utm_medium=email&amp;utm_term=0_2d6e7dc0d4-9a3b541bbd-606677560" target="_blank" rel="noopener">stated a March 6 article by <em>Bloomberg News</em></a>. The imagined certainty of inaccessible copper due to tariffs evaporated, however, when premiums for U.S. copper futures disappeared, and the tariffs did not materialize. Trump may choose to impose tariffs next year, but analysts and investors are skeptical since his administration chose to forego them in January 2026.</p> <p>Now, according to <a href="https://tradingeconomics.com/commodity/copper" target="_blank" rel="noopener">Trading Economics</a> on July 28, 2026, "Copper futures fell below US$6.3 per pound on Tuesday, giving up the previous session's gains as investors awaited the Federal Reserve's upcoming policy decision, with markets pricing in better than a one-third chance of a rate hike. That reflects an unusually high level of uncertainty this close to a Fed meeting compared with recent years. Copper also came under pressure even after President Donald Trump said the US was engaged in 'good talks' with Iran aimed at ending the Middle East conflict, sending oil prices lower and easing concerns over inflation and interest rate hikes."</p> <p>At the time of writing, copper was trading at <a href="https://www.moneymetals.com/copper-prices?srsltid=AfmBOoq1nuSvs58u3LKu5Fsl4VByULdhGAUvGy0F4EvMqpmNf-v3sPH7" target="_blank" rel="noopener">US$12,700</a> per tonne, down from its all-time high of US$14,800 per tonne in Q1 2026.</p> <h2 style="text-align: center;">Thomson Sets CA$3.40 Long-Term Target</h2> <p>In March 2026, Ben Pirie of Atrium Research discussed VR Resources' outlook, writing, "VR is advancing toward a catalyst-rich 2026 program, including follow-up drilling at New Boston and Bonita polymetallic porphyry systems in Nevada. Planned work programs are designed to test high-conviction geophysical anomalies and validate large-scale mineral system models, with multiple opportunities for discovery across jurisdictions with a history and pedigree in the global mining sector." </p> <p>¹On May 15, 2026, technical analyst <a href="https://www.streetwisereports.com/article/2026/05/13/nevada-multi-metals-explorer-gets-full-funding-begins-1500-meter-drill-program.html?utm_medium=feed" target="_blank" rel="noopener">Stewart Thomson</a> rated the stock as a "Speculative Buy", with a short-term technical price target of CA$0.75, a medium-term price target of CA$2.30, and a long-term price target of CA$3.40. Thomson wrote: "The On Balance Volume [of the stock] has surged to a multi-year high, and The Chaikin Money Flows indicator is bullishly diverging with the price and is also at multi-year highs."</p> <h2 style="text-align: center;">Jeep Mine Assays Expected August</h2> <p>In 2026, the company lists <a href="https://www.vrr.ca/projects" target="_blank" rel="noopener">multiple catalysts</a>, including:</p> <ul> <li>The company recently announced the completion of a 2,900-ft drill hole and polyphase vein intersection at the Jeep Mine target on its New Boston polymetallic Mo-W-Cu-Ag porphyry-skarn project in Nevada, USA. Geochemical results are pending, with final data expected in August. Further planned drill holes will target sheeted and stockwork veins in both sheeted porphyry dykes and in host rock Triassic limestone. The Company intends to use the results from the current hole as a guide to prioritize follow-up drilling on an array of approved drill sites on its current NOI drill permit.</li> <li>In February, the Company announced the successful farm-out of its Empire-Silverback Cu-Ni-PGM exploration strategy and land position in northwestern Ontario to Athos Metals, a private company. VR received conditional acceptance of the proposed transaction from the TSXV in April. On July 13, 2026, VR provided an update on the progress on all major milestones for the proposed transaction, which is expected to close at the end of the summer. VR's 9.9% position in the resulting issuer preserves the upside potential of the critical metals exploration planned for this fall, in continuation of VR's pioneering work in the district over the past two years to establish the exploration model and targets. </li> </ul> <h2 style="text-align: center;">Ownership &amp; Share Information²</h2> <p>VR Resources Ltd. has a market cap of CA$3.78 million, with 39.79 million shares outstanding. The company's 52-week range is CA$0.10-CA$0.45. Currently, the company reports approximately 1% of shares are owned by Management and Insiders post-consolidation, while around 25% are held by Institutions. The remaining 74% are held by Retail. Ownership details will be subject to change in light of recent share consolidation. [OWNERSHIP_CHART-9362]</p> <h2 style="text-align: center;">Frequently Asked Questions</h2> <p><strong>Q: What is a DCIP geophysical survey?</strong></p> <p>A: A Direct Current Induced Polarization (DCIP) survey is a geophysical exploration method used to detect rocks that may contain sulphide minerals. By measuring how electrical currents move through the ground, geologists can identify buried structures that could host copper, gold, and other mineral deposits before drilling.</p> <p><strong>Q: What are conductivity and IP anomalies?</strong></p> <p>A: Conductivity and induced polarization (IP) anomalies are unusual electrical responses detected during geophysical surveys. Conductivity anomalies can indicate conductive minerals or fluids, while IP anomalies often suggest the presence of sulphide minerals associated with porphyry copper and gold deposits. These anomalies help geologists identify priority drill targets.</p> <p><strong>Q: What is an exploration vector?</strong></p> <p>A: An exploration vector is any geological, geochemical, or geophysical feature that points geologists toward a potential mineral deposit. Rather than confirming a discovery, vectors help narrow down where additional drilling is most likely to find economically significant mineralization.</p> <p><strong>Q: What is a porphyry copper-gold deposit?</strong></p> <p>A: A porphyry deposit is a large mineral system that can contain copper, gold, molybdenum, and other metals distributed throughout a large volume of rock. Although grades are typically lower than those found in narrow high-grade veins, porphyry deposits can support long-life, large-scale mining operations because of their size.</p> <p><strong>Q: Why are drill results and geophysical surveys both important?</strong></p> <p>A: Geophysical surveys allow companies to "see" beneath the surface and identify potential targets before drilling. Drilling is then used to confirm whether those targets actually contain mineralization. Together, they help reduce exploration risk and improve the chances of making a discovery.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>VR 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>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 VR Resources Ltd. </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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting"><strong>here.</strong></a></p> <p><strong>1. Disclosure for the quote from the Stewart Thomson article published on May 15, 2026</strong></p> <ol> <li>For the quoted article (published on May 15, 2026, VR Resources Ltd. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.</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> </ol> <p><strong>2. Ownership and Share Structure Information</strong></p> <p>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.</p> <p> </p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31978"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31978" width="0" height="0"> <p>( Companies Mentioned: VRR:TSXV; VRRCF:OTCQB; 5VR:FWB, )</p> Wed, 29 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/28/nevada-gold-project-shows-1b-npv-potential-in-updated-pea.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/28/nevada-gold-project-shows-1b-npv-potential-in-updated-pea.html?utm_medium=feed">Streetwise Reports 07/28/2026</a></b> </p> Getchell Gold's Fondaway Canyon project in Nevada delivers strong PEA economics with $1B pre-tax NPV. Discover the key catalysts and why retail investors are watching this gold opportunity now.<p>Gold investors are watching <strong><span class="for_co_card_9661">Getchell Gold Corp. (GTCH:CSE; GGLDF:OTCQB)</span></strong> after a recently updated PEA announcement. Retail investors seeking exposure to gold development assets are increasingly focused on Nevada-based projects that combine strong economics with expansion potential.</p> <h2 style="text-align: center;">Current Gold Market Opportunity for Retail Investors</h2> <p>Gold prices have risen slightly on July 27, 2026, after tension between the U.S. and Iran cooled over the weekend. According to<a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener"> Trading Economics</a>, gold rose 1% toward US$4,100 an ounce on Monday as easing tensions between the US and Iran sent oil prices sharply lower, easing inflation concerns and reducing fears that the Federal Reserve may need to tighten monetary policy more aggressively ahead of its meeting later this week. Junior miners and exploration companies hit the ground running this year after gold rallied at a high of US$5,500 per ounce in January. Many companies chose to begin exploration or production amid these highs. While prices have since fallen, and even dipped below US$4,000 in June, rates are still up <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-prices-today-monday-july-121321784.html" target="_blank" rel="noopener">24%</a> compared to July 2025, and <a href="https://www.gold.org/goldhub/research/gold-mid-year-outlook-2026" target="_blank" rel="noopener">Gold.org</a> wrote that: "[T]he stage is set for a possible breakout. On the upside, clear catalysts a worsening economy or renewed geopolitical shock, a shift towards lower interest-rate expectations, or a wave of dip buying could reignite gold's momentum and lift it back towards US$4,500/oz or above." In April, <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/04/copper-gold-market-outlook-2026-prices-supply-mining-costs" target="_blank" rel="noopener">S&amp;P Global wrote</a>, "Gold is expected to remain volatile but structurally supported, with central bank demand and geopolitical risk helping to establish a price floor above recent correction lows."</p> <h2 style="text-align: center;">Why Getchell Gold Stands Out Among Gold Developers</h2> <p>On July 21, 2026, Getchell Gold announced <a href="https://www.stockwatch.com/News/Item/Z-C!GTCH-3842792/C/GTCH" target="_blank" rel="noopener">results from an independent PEA</a> completed on the Central Area of Fondaway Canyon, Nevada, delivering a pre-tax NPV of US$1 billion at US$3,200/oz gold. The project shows a 58.8% pre-tax IRR and a 1.5-year payback, with initial capital costs estimated at US$265 million. <span data-olk-copy-source="MessageBody">The study contemplates open-pit mining and a conventional flotation mill processing 12,000 tonnes per day of ore. Rather than producing dor&eacute; on site, the operation would ship a low-mass, high-grade gold concentrate roughly 20 g/t to a third-party Nevada facility for pressure oxidation or roasting, followed by cyanidation.</span> The 2026 PEA marks a 28% increase in contained ounces and annual production, plus a 60%+ jump in base-case NPV, versus the 2025 PEA.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Fondaway Canyon is projected to produce 1.52 million ounces of gold over a 10-year mine life, averaging 150,000 oz annually at an average mined grade of 1.38 g/t Au.</li> <li>The updated mine plan incorporates an April 2026 resource update showing a 54% increase in Indicated Resources from additional drilling.</li> <li>The PEA covers only the Central Area's open-pit resource, representing about 68% of the total resource and leaving substantial expansion upside.</li> <li>Strong project economics include US$905 million after-tax NPV8% and 53.1% after-tax IRR at US$3,200/oz gold with low initial capital relative to output.</li> <li>Analyst support remains positive with recent Buy ratings and increased price targets following the PEA release.</li> <li>Management and insiders own 12.83% of shares, aligning interests with retail investors.</li> </ul> <h2 style="text-align: center;">Unique Business Model and Processing Advantage</h2> <p>The updated PEA incorporates significant development work completed in 2026. The PEA incorporated the Updated Mineral Resource Estimate (MRE) completed in April 2026 that reported a 54% increase in Indicated Mineral Resources and an 8% increase in Inferred relative to the previous 2024 Mineral Resource Estimate, based on the inclusion of 10 additional drill holes. Metallurgical test work refining the amenability of the mineralized material to conventional flotation and the generation of a low mass pull, high-grade concentrate supports the plan to ship concentrate off-site rather than building on-site dor facilities, which helps control capital costs.</p> <h2 style="text-align: center;">Key Assets, Catalysts, and Growth Potential</h2> <p>Highlights of the PEA include strong project economics with US$1 billion pre-tax net present value discounted at 8% (NPV8%) and a 58.8% pre-tax internal rate of return (IRR), US$905 million after-tax NPV8%, and a 53.1% after-tax IRR at a US$3,200/ounce (oz) gold price. Initial capital costs estimated at US$265 million (including a 20% contingency), with a short pre-tax payback of 1.5 years. Robust operational profile shows 1.52 million ounces gold recovered (post-processing) over a 10-year life of mine ("LOM") with average annual gold production of 150,000 oz. Average mined grade of 1.38 g/t Au(gold) (0.040 opt), estimated gold recovery to sales of 80%, and LOM strip ratio of 6.9 to 1. LOM operating costs (1) are estimated at US$1,373/oz, and cash costs (2) are estimated at US$1,740/oz of produced gold. The scope of the PEA was limited to the open-pit mineral resource in the Central Area of the Project.</p> <p>That does not include the Main Pit's underground mineral resource and the open-pit mineral resources outside of the Central Area along the gold corridor and represents only a portion of the largely underexplored 7 km long east-west gold corridor, covering a 10 km² prospective area. The mineral resource remains open along strike and at depth with significant potential for expansion.</p> <h2 style="text-align: center;">Industry Timing, Trends, and Views</h2> <p>Despite the volatility of gold and silver, the sector as a whole is only showing signs of improvement. On May 7, 2026, <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of <em>Recycling Today </em>said</a> that the World Bank Group has predicted that overall global metals prices will rise by 17% in 2026, which would mark the first overall market increase since 2022. As an industrial metal, silver is experiencing high demand from manufacturers of electric cars, solar panels, data centers, and more. <a href="https://finance.yahoo.com/personal-finance/investing/article/silver-price-predictions-what-should-investors-expect-over-the-next-decade-130000645.html" target="_blank" rel="noopener">Yahoo Finance</a> quoted experts from both BlackRock and J.P. Morgan as saying, "By the end of 2026, experts predict silver's price will surpass US$80 per ounce, and it could reach US$100 per ounce by 2030."</p> <p>On July 21, 2026, Ben Pirie of Atrium Research reiterated a "Buy" rating for Getchell but updated the price target to CA$1.30 from CA$1.10 after the company's press release announced the release of its PEA.</p> <p>Pirie wrote, "In our view, today's release marks a meaningful step-change in the project's profile from the 2025 PEA. Additionally, with the average annual gold production of 150Koz, we believe the project now ranks among the higher-quality gold development assets in the region. Further, this study sets the stage for the project to continue to be advanced along the development pipeline."</p> <p>Later, on July 23, 2026, <a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/new-stock-pick-this-copper-company-has-takeout-potential-written-all-over-it/#gg" target="_blank" rel="noopener"><em>The Paydirt Prospector's</em> Daniel Flynn</a> gave Getchell a "Buy" rating, arguing that the PEA strengthened the core reason an investor should own Getchell. Flynn wrote: "Jeff and I remain overweight and are holding for the next development and exploration steps, which should show just how big and valuable Fondaway Canyon can become . . . it can now officially go on the list of potential takeover candidates."</p> <h2 style="text-align: center;">Share Structure, Upcoming Events, and Development Path</h2> <p>Getchell Gold Corp. has a market cap of CA$56.78 million, with 202.64 million shares outstanding. The company's 52-week range is CA$0.21-CA$0.47.</p> <p>¹Management &amp; Insiders own 12.83% of shares, and the remaining 87.17% of shares are held by Retail. [OWNERSHIP_CHART-9661]</p> <p>According to the company's <a href="https://www.getchellgold.com/investor-information-and-stock-price-with-presentations-and-videos/presentations/" target="_blank" rel="noopener">investor presentation</a>, Getchell Gold will now complete further field studies at Fondaway and file a comprehensive plan of operations with regulatory authorities to accelerate the property's development.</p> <p>Mike Sieb, President of Getchell, said in the release: "This PEA readily demonstrates the potential for a robust economic open pit mining operation producing 150,000 ounces of gold per year. This would likely place Fondaway Canyon in the top 10 mining operations in Nevada, an eminent threshold as wholly impressive as it sounds. Moreover, the mineralization remains open for expansion with continued drilling success, aiming to further enhance the mine model and extend the operation's longevity."</p> <p>Chairman Bob Bass followed up, saying: "The strong economics outlined in this PEA support my high expectation for the Fondaway Canyon gold project and underscore the significant valuation upside potential for Getchell Gold Corp."</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>Q: What is a Preliminary Economic Assessment (PEA)?</strong></p> <p>A: A Preliminary Economic Assessment (PEA) is an early-stage technical and economic study that evaluates whether a mineral project could be economically viable. It estimates potential production, costs, and returns using available geological data, but it is less detailed than a Pre-Feasibility Study (PFS) or Feasibility Study (FS).</p> <p><strong>Q: What do NPV and IRR mean in a mining study?</strong></p> <p>A: Net Present Value (NPV) estimates the current value of a project's future cash flows after accounting for development costs and the time value of money. Internal Rate of Return (IRR) estimates the project's expected rate of return. Higher NPV and IRR values generally indicate stronger project economics, although they depend on the assumptions used in the study.</p> <p><strong>Q: What does it mean when a mineral deposit is open at depth and along strike?</strong></p> <p>A: When a deposit remains open at depth or along strike, it means drilling has not yet identified the limits of the mineralization. This suggests there may be potential to expand the resource through additional exploration.</p> <p>Getchell Gold Corp. is a gold exploration company focused on its advanced-stage Fondaway Canyon project, a past producer with a large MRE. </p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><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 Getchell Gold Corp. </li> <li>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31977"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31977" width="0" height="0"> <p>( Companies Mentioned: GTCH:CSE; GGLDF:OTCQB, )</p> Tue, 28 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/28/bc-copper-explorer-torr-metals-hits-strong-hydrothermal-signs-at-kolos.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/28/bc-copper-explorer-torr-metals-hits-strong-hydrothermal-signs-at-kolos.html?utm_medium=feed">Streetwise Reports 07/28/2026</a></b> </p> Torr Metals advances its Kolos copper-gold project in southern British Columbia with Phase II drilling amid rising copper prices driven by China's supply constraints. See the latest geological update and analyst targets.<p>The copper market is heating up fast as physical supply tightens in China and traders price in possible U.S. tariffs on refined metal. <span id="link_copy_11133"><a href="https://www.streetwisereports.com/pub/co/11133?utm_medium=feed" target="_blank" rel="noopener">Torr Metals Inc. (TMET:TSX.V)</a></span> is positioned in one of Canada's most productive copper belts, and its latest drilling results at the Kolos Copper-Gold Project are drawing fresh attention from investors seeking exposure to the red metal.</p> <p>Southern British Columbia offers year-round access, strong infrastructure, and proximity to major mines. Torr Metals is now executing a fully funded Phase II program that targets a previously untested porphyry system at the Bertha North target.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Copper prices have surged on China supply shortages, pushing September futures above US$6.50 per pound and creating a favorable backdrop for explorers.</li> <li>Torr Metals has intersected a long-lived hydrothermal system to 563 meters depth, with a 142-meter interval showing increasing veining, brecciation, and copper sulfides.</li> <li>The company is vectoring toward an interpreted porphyry intrusive source that could represent a new discovery in a proven mining district.</li> <li>Technical Analyst John Newell has set price targets of CA$0.24 and CA$0.48 with a longer-term range of CA$0.60 to CA$0.65.</li> <li>The Phase II drill program is fully funded for up to 6,000 meters, reducing near-term dilution risk for shareholders.</li> <li>Market cap remains modest at roughly CA$8.43 million, offering leverage to positive drill results in an established copper belt.</li> </ul> <h2 style="text-align: center;">Why Torr Metals Stands Out in a Rising Copper Market</h2> <p><a href="https://www.mining.com/copper-price-nearing-us-record-as-premium-doubles-shanghai-stockpiles-drop-82/" target="_blank" rel="noopener">A report on Mining.com said on July 21</a> that September copper futures climbed 3.3 percent to US$6.55 per pound while three-month LME copper rose to US$13,851 per tonne. Inventories in Shanghai have dropped 82 percent since early May, and the premium for spot copper cathode has reached its highest level since May 2025. These conditions highlight a tightening physical market that rewards companies with active drill programs in tier-one jurisdictions.</p> <h2 style="text-align: center;">Phase II Drilling Confirms Extensive Hydrothermal System</h2> <p>The first hole, 26-KO-01, intersected a hydrothermal system extending to approximately 563 meters below surface. A highly prospective 142-meter section from 318.5 meters to 460.9 meters displayed multiple phases of quartz-carbonate veining, crackle-style to hydrothermal brecciation, copper sulfides, and intensifying sericitic alteration. <a href="https://torrmetals.com/news/torr-metals-intersects-extensive-hydrothermal-brecciation-and-multi-stage-veining-at-bertha-north-advancing-cu-au-porphyry-model/" target="_blank" rel="noopener">A July 22 release said</a> these features point to a structurally prepared corridor that may connect directly to a porphyry feeder zone.</p> <p><span lang="EN-CA">Torr also reported that hydrothermal alteration and structural development appear to strengthen towards the interpreted porphyry feeder zone. The drill hole transitions from oxidized, silicified volcanic rocks into intervals showing increasing epidote and sericite alteration, accompanied by more intense veining, hydrothermal brecciation, and repeated structural reactivation indicative of an inner propylitic zone on the potential margins of a porphyry core.</span></p> <h2 style="text-align: center;">Geological Model Points to Porphyry Source</h2> <p>Observations confirm an early high-temperature magnetite phase later overprinted by brittle fracturing, multi-stage veining, and younger alteration. The strongest veining and brecciation occur near the boundary between a magnetic-resistive domain and an adjacent chargeability anomaly, refining the vector toward the intrusive source. Hole 26-KO-02 is now testing the geometry of this interpreted feeder corridor.</p> <h2 style="text-align: center;">Technical Analyst Highlights Disciplined Strategy and Attractive Valuation</h2> <p>¹<a href="https://www.streetwisereports.com/article/2026/02/05/exploration-co-poised-for-discovery-in-british-columbias-premier-copper-mining-district.html?utm_medium=feed" target="_blank" rel="noopener">Technical analyst John Newell of John Newell &amp; Associates praised Torr Metals </a>for its focus on established mining districts with strong infrastructure. <a href="https://www.streetwisereports.com/article/2026/02/05/exploration-co-poised-for-discovery-in-british-columbias-premier-copper-mining-district.html?utm_medium=feed" target="_blank" rel="noopener">In a stock review published on February 5</a>, Newell noted the company's systematic approach to advancing large, underexplored copper-gold systems. He set targets of CA$0.24 and CA$0.48 with a longer-term range of CA$0.60 to CA$0.65 and rated the stock a Speculative Buy for investors comfortable with exploration risk.</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>What has been confirmed so far without assays?</strong> The first hole has outlined a major structurally controlled hydrothermal corridor with increasing intensity of veining, brecciation, and copper sulfides toward the interpreted porphyry source.</p> <p><strong>How does the location support year-round work?</strong> The Kolos project lies 40 kilometers south of Kamloops with direct highway access, allowing continuous drilling in southern British Columbia.</p> <p><strong>What is the next catalyst?</strong> Laboratory assays from the first two holes, plus ongoing drilling, will test the chargeability anomaly believed to mark the porphyry intrusion.</p> <p><strong>What is the current share structure?</strong> Torr has a market capitalization of CA$8.43 million and 84.02 million shares outstanding, with insiders holding approximately 12 percent.² [OWNERSHIP_CHART-11133]</p> <p>The combination of rising copper prices, a fully funded drill program, and improving geological vectors gives retail investors a clear opportunity to follow progress at a modest market capitalization. Continued positive results from the Phase II campaign could further de-risk the porphyry model and highlight the discovery potential within this established copper district.</p> <p>[SMNLINSERT]</p><p>Important Disclosures:</p><ol> <li>Torr 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 Torr Metals Inc.</li> <li>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <ol> <li><strong>Disclosure for the quote from the John Newell article published on February 5, 2026</strong></li> </ol> <ol> <li>For the quoted article (published on February 5, 2026), Torr Metals has paid Street Smart, an affiliate of Streetwise Reports, US$3,000.</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> <p><strong>John Newell Disclaimer</strong></p> <p>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.</p> <p><strong>2. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31976"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31976" width="0" height="0"> <p>( Companies Mentioned: TMET:TSX.V, )</p> Tue, 28 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/28/b-c-porphyry-explorer-advances-bonaparte-with-new-drill-permit.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/28/b-c-porphyry-explorer-advances-bonaparte-with-new-drill-permit.html?utm_medium=feed">Streetwise Reports 07/28/2026</a></b> </p> Decade Resources secures a key drill permit for its Bonaparte copper-gold property near Kamloops B.C., unlocking porphyry targets and creating a timely exploration opportunity for retail investors.<p>Precious metals investors are eyeing <span id="link_copy_11512"><a href="https://www.streetwisereports.com/pub/co/11512?utm_medium=feed" target="_blank" rel="noopener">Decade Resources Ltd. (DEC:TSX.V; DEXCF:OTCMKTS)</a></span> as gold and copper markets show renewed strength in 2026. With prices still elevated compared to last year, exploration companies holding quality assets in British Columbia are drawing fresh attention.</p> <h2 style="text-align: center;">Market Opportunity for Copper-Gold Projects in British Columbia</h2> <p>Gold has maintained a structurally higher price range after rallying earlier in the year, while copper demand continues to benefit from long-term electrification trends. <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-prices-today-monday-july-121321784.html" target="_blank" rel="noopener">24%</a> higher gold prices versus July 2025 have encouraged juniors to advance permitted projects. <a href="https://www.gold.org/goldhub/research/gold-mid-year-outlook-2026" target="_blank" rel="noopener">Gold.org</a> notes that clear catalysts could push prices toward US$4,500 per ounce. At the same time, the World Bank forecasts a 17% rise in global metals prices for 2026, the first broad increase since 2022.</p> <h2 style="text-align: center;">Why Decade Resources Stands Out Now</h2> <p>Decade Resources recently received approval to drill its Bonaparte copper-gold property, located about 50km north of Kamloops, B.C. The permit clears the way for testing a buried porphyry system that previous geophysical work has highlighted. This milestone moves the company from planning into active field exploration at a time when investors are seeking permitted, drill-ready assets.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Decade Resources Ltd. <a href="https://www.stockwatch.com/News/Item/Z-C!DEC-3845029/C/DEC" target="_blank" rel="noopener">received a drill permit for the Bonaparte copper-gold property</a>, located about 50km north of Kamloops, B.C., within the Kamloops Mining Division.</li> <li>The property covers four mineral tenures totaling 4,149.63 hectares and hosts porphyry, bulk-tonnage RIRGS, and high-grade epithermal vein targets.</li> <li>The company plans a minimum of 3,000m (meters) of drilling across 5-6 holes of 500m or more, targeting a buried porphyry system indicated by IP chargeability and resistivity anomalies beginning around 300m depth.</li> <li>Over the past two weeks, a contract crew completed a soil sampling survey over the southern part of the indicated IP anomaly, collecting more than 750 soil samples and 30 rock samples, which have been sent to MSA Laboratories in Langley, B.C.</li> <li>Technical Analyst Stewart Thomson issued a Strong Speculative Buy rating with price targets of CA$0.14 short-term, CA$0.25 medium-term, and CA$0.60 long-term.</li> <li>Historical bulk samples at Bonaparte returned high gold grades, including 25.4 g/t Au from a 3,700-tonne sample and 16.3 g/t Au from a 364-tonne sample.</li> </ul> <h2 style="text-align: center;">Unique Business Model and Project Advantages</h2> <p>Decade Resources focuses on exploration within British Columbia's Golden Triangle region and holds multiple projects at different stages. The Bonaparte property sits in the Quesnellia terrane, sharing geological traits with the nearby Afton deposit. British Columbia Geological Survey geologists have previously speculated that the Bonaparte deposit may represent the upper level of a buried porphyry system.</p> <h2 style="text-align: center;">Key Assets and Catalysts at Bonaparte</h2> <p><a href="https://www.stockwatch.com/News/Item/Z-C!DEC-3845029/C/DEC" target="_blank" rel="noopener">On July 28, 2026</a>, the company announced receipt of the drill permit. Drilling is expected to start once pads are prepared and fire conditions permit mechanized work. The program targets IP chargeability and resistivity anomalies that begin around 300m depth, supported by geochemical data, MMI copper-gold anomalies, soil anomalies, and surface copper-gold values in the Discovery Area. A minimum 3,000m program across 5-6 holes is planned, each at least 500m deep. Recent soil sampling collected over 750 samples plus 30 rock samples, now at MSA Laboratories.</p> <h2 style="text-align: center;">Industry Timing and Supporting Trends</h2> <p>Gold prices rose 1% toward US$4,100 per ounce on July 27, 2026, after easing U.S.-Iran tensions reduced oil prices and inflation concerns, according to <a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener"> Trading Economics</a>. <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/04/copper-gold-market-outlook-2026-prices-supply-mining-costs" target="_blank" rel="noopener">S&amp;P Global wrote</a> that gold remains structurally supported by central bank demand and geopolitical risk. <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of <em>Recycling Today </em>said</a> the broader metals price upturn supports the sector outlook.</p> <h2 style="text-align: center;">Technical Analyst Views and Valuation Context</h2> <p>¹On April 24, 2026, <a href="https://www.streetwisereports.com/article/2026/04/24/kamloops-junior-gold-2026-exploration-update-new-price-targets-on-the-charts.html?m_t=2026_05_06_11_44_47&amp;utm_medium=feed" target="_blank" rel="noopener">technical analyst Stewart Thomson</a> assigned Decade a Strong Speculative Buy rating with targets of CA$0.14 short-term, CA$0.25 medium-term, and CA$0.60 long-term. He noted rising trading volume and a pullback to the trendline as a potential entry point. [OWNERSHIP_CHART-11512]</p> <h2 style="text-align: center;">Share Structure and Upcoming Events</h2> <p>Decade Resources Ltd. has a market cap of CA$13.53 million and 245.99 million shares outstanding. The 52-week range is CA$0.02-CA$0.15.</p> <p>²Institutions hold 3.79%, management and insiders hold 11.34%, and retail investors hold 84.87%. Surface work at the Del Norte project is scheduled to begin in mid-August 2026 to sample low-sulphidation mineralization that previously assayed over 30 g/t gold. The <a href="https://wp-decaderesources-2024.s3.ca-central-1.amazonaws.com/media/2026/03/MAR-2026-Powerpoint.pdf" target="_blank" rel="noopener">company's website</a> details additional mapping of the Eagles Nest, LG/Argo, and K-Zone structures. </p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>Q: What is a porphyry copper-gold deposit?</strong></p> <p>A: A porphyry deposit is a large, low-grade mineral system that can contain copper, gold, and other metals spread throughout a large volume of rock. Although the grade is often lower than in narrow high-grade veins, porphyry deposits can support long-life mines because of their size.</p> <p><strong>Q: What does a drill permit allow a mining company to do?</strong></p> <p>A: A drill permit is government approval that allows a company to begin exploration drilling under specific environmental and operational conditions. Receiving a permit is an important milestone because it allows a company to move from planning to field exploration.</p> <p><strong>Q: What are IP chargeability and resistivity anomalies?</strong></p> <p>A: Induced Polarization (IP) is a geophysical survey that measures how rocks respond to electrical currents. Areas with unusually high chargeability or resistivity can indicate the presence of sulphide minerals commonly associated with copper and gold deposits, making them attractive drill targets.</p> <p><strong>Q: What is a bulk sample in mining?</strong></p> <p>A: A bulk sample is a larger quantity of rock removed from a deposit to better evaluate its grade and processing characteristics. Unlike individual drill samples, bulk samples can provide a more realistic indication of how a deposit might perform during mining.</p> <p>Decade Resources is positioned to test a compelling porphyry target at Bonaparte while maintaining activity across its broader British Columbia portfolio. Investors should monitor drill results and ongoing gold price trends for further context.</p> <p>[SMNLINSERT]</p><p>Important Disclosures:</p><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>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>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener"><strong>here.</strong></a></p> <p><strong>1. Disclosure for the quote from the Stewart Thomson article published on April 24, 2026</strong></p> <ol> <li>For the quoted article (published on April 24, 2026), Decade Resources Ltd has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.</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> </ol> <p><strong>2. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31975"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31975" width="0" height="0"> <p>( Companies Mentioned: DEC:TSX.V;DEXCF:OTCMKTS, )</p> Tue, 28 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/28/nevada-gold-silver-explorer-starts-2026-drill-campaign-at-longstreet.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/28/nevada-gold-silver-explorer-starts-2026-drill-campaign-at-longstreet.html?utm_medium=feed">Streetwise Reports 07/28/2026</a></b> </p> Star Gold advances its Nevada gold-silver project with an 11-hole drill program targeting resource growth, metallurgy, and permitting data amid rising precious metals demand.<p>The precious metals sector is drawing fresh retail investor attention as gold and silver prices show structural support from central bank buying and geopolitical factors. <span id="link_copy_6021"><a href="https://www.streetwisereports.com/pub/co/6021?utm_medium=feed" target="_blank" rel="noopener">Star Gold Corp. (SRGZ:OTCQB)</a></span> has<a href="https://www.stockwatch.com/News/Item/U-LA13234-U!SRGZ-20260728/U/SRGZ" target="_blank" rel="noopener"> finalized its summer drill program</a> at the Longstreet Gold-Silver Project, positioning the company to deliver multiple data streams from a single campaign in Nye County, Nevada.</p> <h2 style="text-align: center;">Why Star Gold Stands Out in the Current Market</h2> <p>Star Gold Corp. is a U.S.-based gold and silver exploration company developing assets along the proven Walker Lane Belt in Nevada. The company's 100%-owned Longstreet Project spans approximately 2,600 acres, comprising 137 unpatented mining claims and five additional unpatented claims held under lease with an option to purchase. This location offers established infrastructure and a history of mining activity that can reduce development timelines compared with more remote districts.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>The 11-hole HQ core program at Longstreet combines resource expansion, metallurgical sampling, and the company's first water production well, plus a deep test of the Opal Ridge target.</li> <li>Earthwork for drill site access is already underway following the July 28, 2026 announcement, keeping the project on schedule within the existing permitted footprint.</li> <li>Hydrologic data from monitor wells and the water production well will support future permitting applications without requiring separate mobilization costs.</li> <li>Technical Analyst commentary highlights a broad accumulation base and potential technical targets above recent trading levels.</li> <li>Market capitalization stands at CA$25.69 million with 191.7 million shares outstanding and 20.94% insider ownership.</li> <li>Production permitting is targeted for late 2027, aligning with ongoing gold price strength above US$4,000 per ounce.</li> </ul> <h2 style="text-align: center;">One Campaign Delivers Four Critical Objectives</h2> <p>Exploration, metallurgy, hydrology, and permitting data will all be generated from the single 11-hole HQ core program. Lindsay Gorrill, President and CEO of Star Gold, noted that every hole is designed to answer more than one question. The approach avoids the expense and delay of four separate drilling projects. HQ core yields more representative assay data than smaller-diameter core or reverse-circulation cuttings, and the hydrologic holes are also expected to return new geologic and structural information.</p> <p>Eight angled holes at Main are designed to expand the resource while generating metallurgical test material for mine planning and permitting. Two vertical holes near Main will be completed as groundwater monitor wells with piezometers, delivering baseline hydrologic data ahead of a future permit application. A vertical exploration water production well collared at the bottom of the canyon below the Main resource marks the first water production well drilled at Longstreet. One of the holes reaches 800 feet and provides the company's first test of the Opal Ridge target at depth, immediately south of Main. All core will be logged and stored in Tonopah, Nevada, with sample splits shipped to ALS Global in Reno for assay under the company's chain-of-custody protocols.</p> <h2 style="text-align: center;">Industry Timing and Precious Metals Trends</h2> <p>Gold prices have risen slightly on July 27, 2026, after tension between the U.S. and Iran cooled over the weekend. According to<a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener"> Trading Economics</a>, "Gold rose 1% toward US$4,100 an ounce on Monday as easing tensions between the US and Iran sent oil prices sharply lower, easing inflation concerns and reducing fears that the Federal Reserve may need to tighten monetary policy more aggressively ahead of its meeting later this week."</p> <p>Rates remain up <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-prices-today-monday-july-121321784.html" target="_blank" rel="noopener">24%</a> compared to July 2025, and <a href="https://www.gold.org/goldhub/research/gold-mid-year-outlook-2026" target="_blank" rel="noopener">Gold.org</a> wrote that: "[T]he stage is set for a possible breakout. On the upside, clear catalysts a worsening economy or renewed geopolitical shock, a shift towards lower interest-rate expectations, or a wave of dip buying could reignite golds momentum and lift it back towards US$4,500/oz or above." In April, <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/04/copper-gold-market-outlook-2026-prices-supply-mining-costs" target="_blank" rel="noopener">S&amp;P Global wrote</a>, "Gold is expected to remain volatile but structurally supported, with central bank demand and geopolitical risk helping to establish a price floor above recent correction lows."</p> <p>Silver is recovering from a recent low after "<a href="https://tradingeconomics.com/commodity/silver" target="_blank" rel="noopener">markets reduced bets on Federal Reserve rate hikes after disappointing U.S. jobs data</a>." Higher demand from electric cars, solar panels, data centers, and more is shoring up silver's future demand. <a href="https://finance.yahoo.com/personal-finance/investing/article/silver-price-predictions-what-should-investors-expect-over-the-next-decade-130000645.html" target="_blank" rel="noopener">Yahoo Finance</a> quoted experts from both BlackRock and J.P. Morgan as saying, "By the end of 2026, experts predict silver's price will surpass US$80 per ounce, and it could reach US$100 per ounce by 2030." On May 7, 2026, <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of <em>Recycling Today </em>said</a> that the World Bank Group has predicted that overall global metals prices will rise by 17% in 2026, which would mark the first overall market increase since 2022.</p> <h2 style="text-align: center;">Technical Analysts' Views and Technical Outlook</h2> <p>¹In a March 6, 2026, contributed technical analyst opinion piece for <em>Streetwise Reports</em>,<a href="https://www.streetwisereports.com/article/2026/03/06/a-nevada-gold-project-in-the-shadow-of-one-of-americas-largest-mines.html?utm_medium=feed" target="_blank" rel="noopener"> John Newell of John Newell &amp; Associates weighed in on Star Gold's stock</a>. He said, "The chart for Star Gold is beginning to show the kind of structure technicians often watch for after a long period of neglect. Following years of quiet trading during the junior mining bear market, the shares appear to have built a broad accumulation base. These long bases are important because they represent a gradual transfer of stock from discouraged holders into stronger hands willing to wait for the next cycle." Newell argued that the stock has been largely ignored but has historically attracted strong buying interest during rallies, saying, "If the shares can establish a sustained move above the US$0.18 level, the chart begins to suggest a potential advance toward the US$0.40 area, which represents the next logical technical objective based on the stock's historical trading structure."</p> <p>²In a separate contributed technical analyst opinion, <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" target="_blank" rel="noopener">Stewart Thomson gave his opinion of the company </a>on April 27, 2026. Thomson gave the stock a "Strong Speculative Buy" rating and said that it ". . . volume has been this high before, but not consistently, as it is now." Thomson went on to give Star Gold a short-term price target of US$0.20 and a long-term price target of US$5.40, noting that "given the consistent outperformance of Star Gold during CDNX rallies, high long-term price targets for the stock are reasonable considerations." [OWNERSHIP_CHART-6021]</p> <h2 style="text-align: center;">Share Structure and Upcoming Milestones</h2> <p>Star Gold Corp. has a market cap of CA$25.69 million, with 191.7 million shares outstanding. The company's 52-week range is CA$0.007-CA$0.20.</p> <p>³Insiders and Management own 20.94% of shares, while Strategic Investors own 27.03%. The remaining 52.03% of shares are held by Retail. In Q2 2026, Star Gold will be finishing up water wells for the mining site, designing the leach pad site, and beginning additional drilling on the Main resource site. Assays will be reported as results come in. The final permit to begin production is expected in Q3 or Q4 of 2027.</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>Q: What advantages does HQ core drilling provide over other methods?</strong></p> <p>A: HQ core drilling produces a larger diameter rock sample that offers more representative geological and assay information, improving confidence in resource estimates and metallurgical results.</p> <p><strong>Q: How does the current drill program support future permitting?</strong></p> <p>A: The monitor wells and water production well generate required hydrologic baseline data inside the existing permitted area, allowing the company to advance studies without new approvals.</p> <p><strong>Q: What role does metallurgical testing play in project advancement?</strong></p> <p>A: Metallurgical testing determines the most efficient recovery methods for gold and silver, supplying critical inputs for mine design, cost estimates, and economic studies.</p> <p><strong>Q: Why is the Walker Lane Belt considered favorable for gold-silver projects?</strong></p> <p>A: The Walker Lane Belt hosts multiple producing mines and has well-understood geology, which can shorten exploration timelines and reduce technical risk for junior companies.</p> <p>The Longstreet program illustrates how a junior explorer can maximize value from limited capital by integrating multiple work streams into one field season. Retail investors monitoring the upcoming assay results and hydrologic data will gain clearer visibility into the project's path toward permitting and potential development.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>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. </li> <li>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" id="OWAc99bd1e3-99cb-18d0-373c-337e0f9c7647" data-auth="NotApplicable" data-linkindex="0" rel="noopener">here.</a></p> <p><strong>1. Disclosure for the quote from the John Newell article published on March 6, 2026</strong></p> <ol> <li>For the quoted article (published on March 6, 2026), Star Gold Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.</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> <p><strong>John Newell Disclaimer</strong></p> <p>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.</p> <p><strong>2. Disclosure for the quote from the Stewart Thomson article published on April 27, 2026</strong></p> <ol> <li>For the quoted article (published on April 27, 2026), Star Gold Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.</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> </ol> <p><strong>3. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31974"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31974" width="0" height="0"> <p>( Companies Mentioned: SRGZ:OTCQB, )</p> Tue, 28 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/28/silver-mine-delivers-59-production-jump-while-mill-expansion-drives-stronger-throughput.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/28/silver-mine-delivers-59-production-jump-while-mill-expansion-drives-stronger-throughput.html?utm_medium=feed">Streetwise Reports 07/28/2026</a></b> </p> Avino Silver & Gold Mines Ltd. (ASM:TSX; ASM:NYSE.MKT; GV6:FSE) reported higher production from La Preciosa and total quarterly output of 534,945 silver-equivalent ounces.<p class="PDq2pG_selectionAnchorContainer" data-start="71" data-end="311"><strong><span class="for_co_card_659">Avino Silver &amp; Gold Mines Ltd. (ASM:TSX; ASM:NYSE; GV6:FSE) </span></strong>reported <a href="https://www.stockwatch.com/News/Item/Z-C!ASM-3843276/C/ASMhttps://www.stockwatch.com/News/Item/Z-C!ASM-3843276/C/ASM" target="_blank" rel="noopener">second quarter 2026 production of 267,305 silver ounces, 2,178 gold ounces, and 729,929 pounds of copper, for total production of 534,945 silver equivalent ounces.</a></p> <p data-start="313" data-end="717">According to the company, ongoing extraction, haulage, and processing of mineralized development material from La Preciosa exceeded plan during the quarter, primarily because Mill Circuit 2 became available. The company said the increased throughput was offset by the intentional processing of lower-grade development ore during a period of elevated metal prices that otherwise would have been stockpiled.</p> <p data-start="719" data-end="1159">Avino said production from La Preciosa increased 59% from the first quarter of 2026, contributing 100,658 silver equivalent ounces consisting of 84,806 silver ounces and 182 gold ounces. Total silver equivalent production declined from the second quarter of 2025 as a result of lower copper production, which the company attributed to planned mining sequencing into lower copper grade areas near the historical open pit operations at Avino.</p> <p data-start="1161" data-end="1447">Mill throughput totaled 184,293 dry tonnes during the quarter from the Avino and La Preciosa operations. The company said steady mill performance and availability reflected targeted upgrades and automation initiatives completed by its operations and maintenance teams over recent years.</p> <p data-start="1449" data-end="1814">At La Preciosa, development mining and haulage rates increased during the quarter, allowing Mill Circuit 2 to transition from ET ore to La Preciosa development ore. The company said both Mill Circuits 1 and 2 are now processing La Preciosa development ore. Development and mine preparation work is also nearly complete on Level 3 of the Abundancia and Gloria areas.</p> <p data-start="1816" data-end="2183">At the Avino Mine, the company said it identified surface mineralized material near its current workings that was outside current reserves. Avino elected to mine, haul, and process the material in one of its larger mill circuits, stating that silver and gold grades have been "quite good," while copper grades were lower due to the near-surface nature of the material.</p> <p data-start="2185" data-end="2644">"The second quarter of 2026 represented a meaningful increase in contribution from La Preciosa with a 59% increase in silver production, as we continue to move the project forward," <a href="https://www.stockwatch.com/News/Item/Z-C!ASM-3843276/C/ASM" target="_blank" rel="noopener">President and Chief Executive Officer David Wolfin said in the company news release</a>. "Mill performance remained solid during the quarter, with tonnes milled exceeding expectations, and contributions from La Preciosa development ore continued to increase throughout the quarter."</p> <p data-start="2646" data-end="2932">During the quarter, Avino repurchased and canceled 508,039 common shares under its normal course issuer bid. The company also said it expects to release its Q2 2026 financial statements and results before the market opens on Aug. 12, 2026, followed by a conference call later that day.</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="mq993g" data-start="0" data-end="96">Precious Metals Prices Remained Elevated as Market Focus Stayed on Long-Term Monetary Trends</h2> <p data-start="98" data-end="971"><a href="https://vongreyerz.gold/golds-exponential-direction-in-simple-speak-vs-fed-speak?utm_campaign=163139794-2025%20-%20Newsletters&amp;utm_medium=email&amp;_hsenc=p2ANqtz-8GrCA27fLOo_H2o_lUR08NpUgxJqP7GGPMUAuobyCerwGS97OqT_9Y9ggTqNdC9A5t5rB5YXotUTBzZHtsiT9AVDbeRP5KPrAfGvjy9tiFmc2VEYo&amp;_hsmi=141786687&amp;utm_content=141786687&amp;utm_source=hs_email" target="_blank" rel="noopener">Matthew Piepenburg of VON GREYERZ said in a July 27 interview with InvestingNews.com </a>that recent volatility in the gold market reflected short-term pressures rather than a change in broader monetary conditions. He attributed the pullback to "forced sales from sovereigns seeking liquidity in a time of war," algorithm-driven selling by hedge funds and exchange-traded funds, and "the COMEX's open (and shameless) price manipulations on 'Silver Friday' of late January." Piepenburg also argued that rising bond yields had not diminished gold's appeal, stating that yields were "in fact negative rather than positive when measured against honest rather than 'official' inflation metrics." He further described what he characterized as a "sea change" in the global monetary and trade systems, arguing that US Treasuries are steadily being displaced by gold as the world's most trusted form of collateral.</p> <p data-start="973" data-end="1757" data-is-last-node="" data-is-only-node="">Morning spot prices on July 28 reflected continued strength in precious metals despite a modest daily pullback.<a href="https://sdbullion.com/silver-prices" target="_blank" rel="noopener"> Silver traded at US$57.97 per ounce, down US$1.03,</a> or 1.75%, on the day, <a href="https://www.jmbullion.com/charts/gold-price/?wickedsource=google&amp;wickedid=CjwKCAjwpqHTBhAcEiwAj2Afuq63VF4x6_Rszav6NHMm_neSZ6kIxf91e6wEmbnuYzkdvmEZMGZoHRoClZIQAvD_BwE&amp;w_adid=808952602476&amp;w_campaignid=173655985&amp;gad_source=1&amp;gad_campaignid=173655985&amp;gbraid=0AAAAADwTUk-9naRNworrQSisHo5ZK1Zse&amp;gclid=CjwKCAjwpqHTBhAcEiwAj2Afuq63VF4x6_Rszav6NHMm_neSZ6kIxf91e6wEmbnuYzkdvmEZMGZoHRoClZIQAvD_BwE" target="_blank" rel="noopener">while gold traded at US$4,041.53 per ounce</a>, down US$42.57. Historical pricing data showed silver remained up 49.84% over the previous 12 months and 128.22% over the past five years. According to the spot price data, the silver spot price represented the benchmark value for immediate delivery and was determined by active global markets, including COMEX and the London Bullion Market Association, with prices changing throughout the day based on "supply, demand, and economic news." The data also stated that physical bullion products were typically priced at a premium to the underlying spot price.</p> <p data-start="973" data-end="1757" data-is-last-node="" data-is-only-node="">On July 28, newsletter writer Chen Lin wrote, "<span data-olk-copy-source="MessageBody">Gold is still consolidating, trying to build a bottom at around 4000. No breakout yet, but the longer gold stays around US$4,000, the better. I think September could be the month we have a breakout to the upside, I am building my positions during the summer.</span><strong>"</strong></p> <div class="" data-turn-id-container="request-WEB:a627bc5b-51c9-4575-9474-2aae1fa27dd1-9" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]: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:a627bc5b-51c9-4575-9474-2aae1fa27dd1-9" data-turn-id-container="request-WEB:a627bc5b-51c9-4575-9474-2aae1fa27dd1-9" data-testid="conversation-turn-6" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-8 [--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" data-conversation-screenshot-content=""> <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+&amp;]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="54b65f59-c41e-4eda-aaf6-50b11b5db2b7" data-message-model-slug="gpt-5-5" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <h2 style="text-align: center;" data-section-id="lwcw6t" data-start="0" data-end="50">Analysts &amp; Experts Maintained Positive Ratings</h2> <p>Alliance Global Partners analyst Jake Sekelsky followed on May 15 by reiterating a "Buy" rating and a US$12.75 price target. Sekelsky cited the company's strong first-quarter financial performance and higher silver production as the basis for his positive outlook.</p> <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+&amp;]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="433bc185-67c3-4232-a753-d72472d4eb64" data-turn-start-message="true" data-message-model-slug="gpt-5-5"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <p class="PDq2pG_selectionAnchorContainer" data-start="33" data-end="329">In a July 22 research report, Matthew O'Keefe of Cantor Fitzgerald maintained a Buy rating on Avino Silver &amp; Gold Mines Ltd. with a US$11.50 (CA$15.80) price target, representing a projected 90% return from the share price at the time of publication.</p> <p data-start="331" data-end="821">O'Keefe said the company's second-quarter production of 534,945 silver equivalent ounces exceeded his estimate of 523,800 silver equivalent ounces despite lower copper output. He attributed the decline in copper production to "planned mining sequencing into lower-grade copper zones near the historical open pit," while noting that mill throughput remained strong as Mill Circuit 2 transitioned from Elena Tolosa ore to La Preciosa development ore.</p> <p data-start="823" data-end="1452">The report also highlighted continued progress at La Preciosa, which contributed approximately 100,700 silver equivalent ounces during the quarter. O'Keefe noted that long-hole mining preparation on Level 3 of the Abundancia and Gloria zones was nearing completion and said the project was positioned to process higher-grade ore as development advanced. He added that the company remained on track to achieve its full-year production guidance of 2.4 million to 2.7 million silver equivalent ounces, with higher-grade ore expected to support production in the second half of the year.</p> <p data-start="1454" data-end="1950" data-is-last-node="" data-is-only-node="">Regarding valuation, O'Keefe said the second-quarter production results resulted in "no material changes" to his 2026 estimates. While acknowledging that production had been affected by lower copper grades, he wrote that it was "in line with sequencing" and said solid mill throughput together with continued progress at La Preciosa supported the company's longer-term growth profile. He reiterated his Buy rating and US$11.50 (CA$15.80) target price.</p> </div> </div> </div> </div> <p class="PDq2pG_selectionAnchorContainer" data-start="33" data-end="220">In a July 22 research report, Heiko F. Ihle of H.C. Wainwright reiterated a Buy rating on Avino Silver &amp; Gold Mines Ltd. while lowering his price target to US$10.25 from US$13.00.</p> <p data-start="222" data-end="622">Ihle noted that second-quarter production totaled 534,945 silver equivalent ounces, including 100,658 silver equivalent ounces from La Preciosa, where production increased 59% quarter over quarter. He also highlighted that both Mill Circuits 1 and 2 are now processing La Preciosa ore, with higher-grade material expected from planned mining on Level 3 of the Abundancia and Gloria zones.</p> <p data-start="624" data-end="925">The report also pointed to exploration progress, noting that two drill rigs have completed 6,591 meters of the planned 15,000-meter drilling program at La Preciosa. Ihle said the most recent drilling lies outside the current resource model and was not included in the April mineral reserve update.</p> <p data-start="927" data-end="1343" data-is-last-node="" data-is-only-node="">Although lower copper grades weighed on second-quarter production, Ihle wrote that he viewed any future year-over-year production decline as "largely irrelevant," citing management's strategy of processing near-surface oxide material to preserve reserves and increase mine planning flexibility. He also highlighted the company's US$138.2 million cash balance and recent share repurchases as additional strengths.</p> <p data-start="987" data-end="1251" data-is-last-node="" data-is-only-node="">In a July 23 update, Chen Lin of the <em>What Is Chen Buying? What Is Chen Selling? </em>Newsletter wrote, "Personally, I think any pullback is a good opportunity to add/buy. ASM delivered a weak operating quarter, and silver eq production was down 17%. However, this is due to processing lower-grade areas, and production should recover in the coming quarters. ASM has a very strong balance sheet and has big expansion coming. The new mine, La Preciosa, will be world-class after fully ramping up. I am holding my 10-bagger and may add on weaknesses."</p> </div> </div> </div> </div> </div> </div> </section> </div> <h2 style="text-align: center;" data-section-id="13809um" data-start="2934" data-end="2987"><span role="text"><strong data-start="2938" data-end="2987">2026 Work Programs Continue Across Operations</strong></span></h2> <p data-start="2989" data-end="3493">At La Preciosa, two drill rigs are currently operating. <a href="https://cdn.prod.website-files.com/68684222725a56e6775e0877/6a56afec57c590afd79bb84c_July_2026.pdf" target="_blank" rel="noopener">The company said 6,591 meters had been completed by the end of the second quarter as part of its planned 15,000-meter exploration program for 2026.</a> Drilling has shifted from infill holes to exploration and step-out holes targeting vein intersections and projections. The company noted that none of the completed infill holes were included in the mineral reserve update and that most exploration holes are located outside the current resource model.</p> <p data-start="3495" data-end="3790">The company said engineering and technical studies are ongoing to evaluate optimum long-term mining, hauling, and processing rates at La Preciosa. It is also conducting trade-off studies between continued hauling and the potential construction of a stand-alone processing facility at the project.</p> <p data-start="3792" data-end="4159">At the Avino Mine, drilling remains ongoing in the same locations as during the first quarter. One drill is focused on the upper eastern portion of the system, while a second is conducting extension drilling in the footwall breccia area. The company said geological consultants are also assisting with identifying geological features for potential resource expansion. [OWNERSHIP_CHART-659]</p> <p data-start="4161" data-end="4504" data-is-last-node="" data-is-only-node="">Separately, the company presentation states that both the La Preciosa and Avino Mine exploration programs are budgeted for 15,000 meters during 2026. It also lists artificial intelligence integration of geological data for resource and reserve expansion and new exploration discoveries at both operations.</p> <h2 style="text-align: center;"><strong>Ownership &amp; Share Information¹</strong></h2> <p>Avino Silver &amp; Gold Mines Ltd. has a market cap of around CA$1.21 billion, with 170.20 million shares outstanding. The company's 52-week range is CA$4.31-CA$16.11.</p> <p>Management &amp; Insiders own 6.77% of shares, while Institutions own 30.9%, and strategic entities own 0.02%. The remaining shares are held by Retail.</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1r8frcv" data-start="338" data-end="367"><strong>Frequently Asked Questions</strong></h2> <h3 data-section-id="rv4li1" data-start="369" data-end="432"><strong>What were Avino Silver &amp; Gold Mines' Q2 production results?</strong></h3> <p data-start="433" data-end="611">Avino Silver &amp; Gold Mines reported second-quarter production of 267,305 silver ounces, 2,178 gold ounces, and 729,929 pounds of copper, totaling 534,945 silver equivalent ounces.</p> <h3 data-section-id="2wc07b" data-start="613" data-end="685"><strong>Why did Avino's silver equivalent production decline year over year?</strong></h3> <p data-start="686" data-end="952">According to the company, total silver equivalent production declined from the second quarter of the previous year because of lower copper production resulting from planned mining in lower-grade copper areas near the historical open pit operations at the Avino Mine.</p> <h3 data-section-id="7veic5" data-start="954" data-end="1019"><strong>How much did La Preciosa contribute to Avino's Q2 production?</strong></h3> <p data-start="1020" data-end="1244">La Preciosa produced 100,658 silver equivalent ounces during the quarter, including 84,806 silver ounces and 182 gold ounces. The company said silver production from La Preciosa increased 59% compared with the first quarter.</p> <h3 data-section-id="uvggnj" data-start="1246" data-end="1295"><strong>What is happening at the La Preciosa project?</strong></h3> <p data-start="1296" data-end="1574">Avino said development, mining, and haulage increased during the quarter, allowing both Mill Circuits 1 and 2 to process La Preciosa development ore. The company is also conducting a 15,000-meter exploration drilling program and evaluating long-term mining and processing options.</p> <h3 data-section-id="evlxrw" data-start="1576" data-end="1624"><strong>How much drilling is Avino planning in 2026?</strong></h3> <p data-start="1625" data-end="1824">The company said both the La Preciosa and Avino Mine exploration programs are budgeted for 15,000 meters during 2026. By the end of the second quarter, 6,591 meters had been completed at La Preciosa.</p> <h3 data-section-id="155dy7q" data-start="1826" data-end="1872"><strong>What is Avino exploring at the Avino Mine?</strong></h3> <p data-start="1873" data-end="2171">The company said two drill rigs remain active at the Avino Mine. One is targeting the upper eastern portion of the system, while the other is conducting extension drilling in the footwall breccia area. Geological consultants are also assisting with identifying potential resource expansion targets.</p> <h3 data-section-id="yvn5bj" data-start="2173" data-end="2234"><strong>Why did Avino process lower-grade ore during the quarter?</strong></h3> <p data-start="2235" data-end="2454">The company said it intentionally processed lower-grade development ore during a period of elevated metal prices instead of stockpiling the material. Increased throughput from Mill Circuit 2 helped support the decision.</p> <h3 data-section-id="1sie4e1" data-start="2456" data-end="2508"><strong>What upgrades improved Avino's mill performance?</strong></h3> <p data-start="2509" data-end="2703">According to the company, steady mill throughput and availability reflected targeted mill upgrades and automation initiatives completed by its operations and maintenance teams over recent years.</p> <h3 data-section-id="1amfmvz" data-start="2705" data-end="2771"><strong>Is Avino using artificial intelligence in mineral exploration?</strong></h3> <p data-start="2772" data-end="3012">Yes. The company's presentation states that it plans to integrate artificial intelligence into geological data analysis to support resource and reserve expansion as well as new exploration discoveries at both the Avino Mine and La Preciosa.</p> <h3 data-section-id="fhijh8" data-start="3014" data-end="3066"><strong>When will Avino report its Q2 financial results?</strong></h3> <p data-start="3067" data-end="3221">Avino said it expects to release its second-quarter financial statements before the market opens on Aug. 12, followed by a conference call later that day.</p> <h3 data-section-id="1jcefwj" data-start="3223" data-end="3274"><strong>Did Avino repurchase shares during the quarter?</strong></h3> <p data-start="3275" data-end="3408">Yes. The company said it repurchased and canceled 508,039 common shares under its normal course issuer bid during the second quarter.</p> <h3 data-section-id="1beczgk" data-start="3410" data-end="3465"><strong>What metals does Avino Silver &amp; Gold Mines produce?</strong></h3> <p data-start="3466" data-end="3630">Avino produces silver, gold, and copper. The company reported quarterly production figures for all three metals and also reports total silver equivalent production.</p> <h3 data-section-id="705qp" data-start="3632" data-end="3673"><strong>What is silver equivalent production?</strong></h3> <p data-start="3674" data-end="3878">Silver equivalent production combines the value of silver, gold, and copper production into a single silver-based metric, allowing investors to compare overall metal output using one standardized measure.</p> <h3 data-section-id="5bem6v" data-start="3880" data-end="3938"><strong>Why are investors following Avino Silver &amp; Gold Mines?</strong></h3> <p data-start="3939" data-end="4177">Investors are monitoring Avino's production growth at La Preciosa, ongoing exploration drilling, mill performance, mine development activities, artificial intelligence initiatives for exploration, and upcoming quarterly financial results.</p> <p data-start="3939" data-end="4177"><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31973"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31973" width="0" height="0"> <p>( Companies Mentioned: ASM:TSX; ASM:NYSE.MKT; GV6:FSE, )</p> Tue, 28 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/27/getchell-golds-pea-shows-us-1-billion-pre-tax-npv.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/27/getchell-golds-pea-shows-us-1-billion-pre-tax-npv.html?utm_medium=feed">Streetwise Reports 07/28/2026</a></b> </p> Getchell Gold Corp.'s (GTCH:CSE; GGLDF:OTCQB) updated PEA for Fondaway Canyon shows a US$1 billion pre-tax NPV and 58.8% IRR at US$3,200/oz gold, a 28% jump from 2025.<p>Gold investors are watching <strong><span class="for_co_card_9661">Getchell Gold Corp. (GTCH:CSE; GGLDF:OTCQB)</span></strong> after a recently updated PEA announcement.</p> <h2 style="text-align: center;">Key Takeaways</h2> <ul> <li>Getchell Gold released a PEA for its 100%-owned Fondaway Canyon gold project in Nevada, delivering a pre-tax NPV of US$1 billion at US$3,200/oz gold.</li> <li>The project shows a 58.8% pre-tax IRR and a 1.5-year payback, with initial capital costs estimated at US$265 million.</li> <li>Fondaway Canyon is projected to produce 1.52 million ounces of gold over a 10-year mine life, averaging 150,000 oz annually.</li> <li>The 2026 PEA marks a 28% increase in contained ounces and annual production, plus a 60%+ jump in base-case NPV, versus the 2025 PEA.</li> <li>The updated mine plan incorporates an April 2026 resource update, showing a 54% increase in Indicated Resources.</li> <li>The PEA covers only the Central Area's open-pit resource &mdash; about 68% of the total resource.</li> </ul> <h2 style="text-align: center;">12,000 Tonnes Per Day Planned</h2> <p>On July 21, 2026, Getchell Gold announced <a href="https://www.stockwatch.com/News/Item/Z-C!GTCH-3842792/C/GTCH" target="_blank" rel="noopener">results from an independent PEA</a> completed on the Central Area of Fondaway Canyon, Nevada. <span data-olk-copy-source="MessageBody">The study contemplates open pit mining and a conventional flotation mill processing 12,000 tonnes per day of ore. Rather than producing dor&eacute; on site, the operation would ship a low-mass, high-grade gold concentrate &mdash; roughly 20 g/t &mdash; to a third-party Nevada facility for pressure oxidation or roasting, followed by cyanidation.</span></p> <p>Highlights of the PEA include:</p> <ul> <li>Strong Project Economics <ul> <li>US$1 billion pre-tax net present value discounted at 8% (NPV8%) and a 58.8% pre-tax internal rate of return (IRR), US$905 million after-tax NPV8%, and a 53.1% after-tax IRR at a US$3,200/ounce (oz) gold price.</li> <li>Initial capital costs estimated at US$265 million (including a 20% contingency), with a short pre-tax payback of 1.5 years.</li> </ul> </li> <li>Robust Operational Profile <ul> <li>1.52 million ounces gold recovered (post-processing) over a 10-year life of mine ("LOM") with average annual gold production of 150,000 oz;</li> <li>Average mined grade of 1.38 g/t Au(gold) (0.040 opt), estimated gold recovery to sales of 80%, and LOM strip ratio of 6.9 to 1; and</li> <li>LOM operating costs (1) are estimated at US$1,373/oz, and cash costs (2) are estimated at US$1,740/oz of produced gold.</li> </ul> </li> <li>Major Increase from 2025 PEA <ul> <li>28% increase in both contained ounces of gold and average annual gold production; and</li> <li>&gt;60% increase in base case NPV.</li> </ul> </li> <li>Economics incorporates significant development work completed in 2026 <ul> <li>The PEA incorporated the Updated Mineral Resource Estimate (MRE) completed in April 2026 that reported a 54% increase in Indicated Mineral Resources and an 8% increase in Inferred relative to the previous 2024 Mineral Resource Estimate, based on the inclusion of 10 additional drill holes; and</li> <li>Metallurgical test work refining the amenability of the mineralized material to conventional flotation and the generation of a low mass pull, high-grade concentrate.</li> </ul> </li> <li>Significant Growth Potential <ul> <li>The scope of the PEA was limited to the open-pit mineral resource in the Central Area of the Project: <ul> <li>That does not include the Main Pit's underground mineral resource and the open-pit mineral resources outside of the Central Area along the gold corridor; and</li> <li>represents only a portion of the largely underexplored 7 km long east-west gold corridor, covering a 10 km² prospective area.</li> </ul> </li> <li>The mineral resource remains open along strike and at depth with significant potential for expansion.</li> </ul> </li> </ul> <p>Mike Sieb, President of Getchell, said in the release: "This PEA readily demonstrates the potential for a robust economic open pit mining operation producing 150,000 ounces of gold per year. This would likely place Fondaway Canyon in the top 10 mining operations in Nevada, an eminent threshold as wholly impressive as it sounds. Moreover, the mineralization remains open for expansion with continued drilling success, aiming to further enhance the mine model and extend the operation's longevity."</p> <p>Chairman Bob Bass followed up, saying: "The strong economics outlined in this PEA support my high expectation for the Fondaway Canyon gold project and underscore the significant valuation upside potential for Getchell Gold Corp."</p> <p>Getchell Gold Corp. is a gold exploration company focused on its advanced-stage Fondaway Canyon project &mdash; a past producer with a large MRE.</p> <h2 style="text-align: center;">Gold Recovering After Tension Cools</h2> <p>Junior miners and exploration companies hit the ground running this year after gold rallied at a high of US$5,500 per ounce in January. Many companies chose to begin exploration or production amid these highs. While prices have since fallen, and even dipped below US$4,000 in June, rates are still up <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-prices-today-monday-july-121321784.html" target="_blank" rel="noopener">24%</a> compared to July 2025, and <a href="https://www.gold.org/goldhub/research/gold-mid-year-outlook-2026" target="_blank" rel="noopener">Gold.org</a> wrote that: "[T]he stage is set for a possible breakout. On the upside, clear catalysts &mdash; a worsening economy or renewed geopolitical shock, a shift towards lower interest-rate expectations, or a wave of dip buying &mdash; could reignite gold's momentum and lift it back towards US$4,500/oz or above."</p> <p>Gold prices have risen slightly on July 27, 2026, after tension between the U.S. and Iran cooled over the weekend. According to<a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener"> Trading Economics</a>, gold rose 1% toward US$4,100 an ounce on Monday as easing tensions between the US and Iran sent oil prices sharply lower, easing inflation concerns and reducing fears that the Federal Reserve may need to tighten monetary policy more aggressively ahead of its meeting later this week.</p> <p>In April, <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/04/copper-gold-market-outlook-2026-prices-supply-mining-costs" target="_blank" rel="noopener">S&amp;P Global wrote</a>, "Gold is expected to remain volatile but structurally supported, with central bank demand and geopolitical risk helping to establish a price floor above recent correction lows."</p> <p>As an industrial metal, silver is experiencing high demand from manufacturers of electric cars, solar panels, data centers, and more. <a href="https://finance.yahoo.com/personal-finance/investing/article/silver-price-predictions-what-should-investors-expect-over-the-next-decade-130000645.html" target="_blank" rel="noopener">Yahoo Finance</a> quoted experts from both BlackRock and J.P. Morgan as saying, "By the end of 2026, experts predict silver's price will surpass US$80 per ounce, and it could reach US$100 per ounce by 2030."</p> <p>Despite the volatility of gold and silver, the sector as a whole is only showing signs of improvement. On May 7, 2026, <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of <em>Recycling Today </em>said</a> that the World Bank Group has predicted that overall global metals prices will rise by 17% in 2026, which would mark the first overall market increase since 2022.</p> <h2 style="text-align: center;">Atrium, Paydirt Both Rate "Buy"</h2> <p>On July 21, 2026, Ben Pirie of Atrium Research reiterated a "Buy" rating for Getchell but updated the price target to CA$1.30 from CA$1.10 after the company's press release announced the release of its PEA. Pirie wrote, "In our view, today's release marks a meaningful step-change in the project's profile from the 2025 PEA. Additionally, with the average annual gold production of 150Koz, we believe the project now ranks among the higher-quality gold development assets in the region. Further, this study sets the stage for the project to continue to be advanced along the development pipeline."</p> <p>Later, on July 23, 2026, <a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/new-stock-pick-this-copper-company-has-takeout-potential-written-all-over-it/#gg" target="_blank" rel="noopener"><em>The Paydirt Prospector's</em> Daniel Flynn</a> gave Getchell a "Buy" rating, arguing that the PEA strengthened the core reason an investor should own Getchell. Flynn wrote: "Jeff and I remain overweight and are holding for the next development and exploration steps, which should show just how big and valuable Fondaway Canyon can become . . . it can now officially go on the list of potential takeover candidates."</p> <h2 style="text-align: center;">Plan of Operations to be Filed</h2> <p>According to the company's <a href="https://www.getchellgold.com/investor-information-and-stock-price-with-presentations-and-videos/presentations/" target="_blank" rel="noopener">investor presentation</a>, Getchell Gold will now complete further field studies at Fondaway and file a comprehensive plan of operations with regulatory authorities to accelerate the property's development.</p> <h2 style="text-align: center;">Ownership &amp; Share Information¹</h2> <p>Getchell Gold Corp. has a market cap of CA$56.78 million, with 202.64 million shares outstanding. The company's 52-week range is CA$0.21-CA$0.47. Management &amp; Insiders own 12.83% of shares, and the remaining 87.17% of shares are Retail.</p> <p>[OWNERSHIP_CHART-9661]</p> <h2 style="text-align: center;">Frequently Asked Questions</h2> <p><strong>Q: What is a Preliminary Economic Assessment (PEA)?</strong></p> <p>A: A Preliminary Economic Assessment (PEA) is an early-stage technical and economic study that evaluates whether a mineral project could be economically viable. It estimates potential production, costs, and returns using available geological data, but it is less detailed than a Pre-Feasibility Study (PFS) or Feasibility Study (FS).</p> <p><strong>Q: What do NPV and IRR mean in a mining study?</strong></p> <p>A: Net Present Value (NPV) estimates the current value of a project's future cash flows after accounting for development costs and the time value of money. Internal Rate of Return (IRR) estimates the project's expected rate of return. Higher NPV and IRR values generally indicate stronger project economics, although they depend on the assumptions used in the study.</p> <p><strong>Q: What is a Mineral Resource Estimate (MRE)?</strong></p> <p>A: A Mineral Resource Estimate (MRE) is a scientific estimate of the amount and grade of minerals contained within a deposit. Resource estimates are divided into categories such as Indicated and Inferred based on the amount and quality of geological evidence available.</p> <p><strong>Q: What does "open-pit mining" mean?</strong></p> <p>A: Open-pit mining is a surface mining method in which ore is extracted from a large excavation rather than through underground tunnels. It is commonly used when mineralization is located relatively close to the surface and can often reduce mining costs compared with underground operations.</p> <p><strong>Q: What does it mean when a mineral deposit is "open at depth and along strike"?</strong></p> <p>A: When a deposit remains open at depth or along strike, it means drilling has not yet identified the limits of the mineralization. This suggests there may be potential to expand the resource through additional exploration.</p> <p><span class="for_co_card_9661">[SMNLINSERT]</span></p><p>Important Disclosures:</p><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 Getchell 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31969"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31969" width="0" height="0"> <p>( Companies Mentioned: GTCH:CSE; GGLDF:OTCQB, )</p> Tue, 28 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/28/decade-resources-secures-drill-permit-for-bonaparte.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/28/decade-resources-secures-drill-permit-for-bonaparte.html?utm_medium=feed">Streetwise Reports 07/28/2026</a></b> </p> Decade Resources Ltd. (DEC:TSX.V; DEXCF:OTCMKTS) received a drill permit for its Bonaparte copper-gold property near Kamloops, B.C., with a 3,000-meter program targeting a buried porphyry system.<p>Precious metals investors are eyeing <span id="link_copy_11512"><a href="https://www.streetwisereports.com/pub/co/11512?utm_medium=feed" target="_blank" rel="noopener">Decade Resources Ltd. (DEC:TSX.V; DEXCF:OTCMKTS)</a></span> after a new drill permit announcement.</p> <h2 style="text-align: center;">Key Takeaways</h2> <ul> <li>Decade Resources Ltd. <a href="https://www.stockwatch.com/News/Item/Z-C!DEC-3845029/C/DEC" target="_blank" rel="noopener">received a drill permit for the Bonaparte copper-gold property</a>, located about 50km north of Kamloops, B.C., within the Kamloops Mining Division.</li> <li>The property covers four mineral tenures totaling 4,149.63 hectares and hosts porphyry, bulk-tonnage RIRGS, and high-grade epithermal vein targets.</li> <li>The company plans a minimum of 3,000m (meters) of drilling across 5-6 holes of 500m or more, targeting a buried porphyry system indicated by IP chargeability and resistivity anomalies beginning around 300m depth.</li> <li>Over the past two weeks, a contract crew completed a soil sampling survey over the south part of the indicated IP anomaly, collecting more than 750 soil samples and 30 rock samples, which have been sent to MSA Laboratories in Langley, B.C.</li> </ul> <h2 style="text-align: center;">Drill Permit Clears Path to Test Buried Porphyry Target</h2> <p><a href="https://www.stockwatch.com/News/Item/Z-C!DEC-3845029/C/DEC" target="_blank" rel="noopener">On July 28, 2026</a>, Decade Resources announced that it had received a drill permit for the Bonaparte property, located approximately 50km north of Kamloops, B.C. Drilling is expected to begin once drill pads are established and local forest fire conditions allow for mechanized work.</p> <p>Ed Kruchowski, President of Decade, said in the release: "At the end of June 2026, Kn&uacute;cwmens le Sxwixw&eacute;ytemc Archaeology Services Ltd. (KSAS) on behalf of Tk'eml&uacute;ps te Secw&eacute;pemc (TteS) carried out a preliminary field reconnaissance (PFR) on a select portion of the property, in the Bonaparte Plateau area. The PFR resulted in the identification of one small area of archaeological potential (AOP). No further archaeological work is required for the remainder of the assessed lands, provided the development footprint is not expanded to include areas not assessed during this study."</p> <p>Kruchowski continued: "The company notes that the (AOP) is outside our drill area and proposed drill holes. This report has been forwarded to the Department of Mines, which now completes the permitting process. The company is currently in discussion with contractors to have fire suppression equipment on site as well as locating and building pads. The drill is expected to arrive within the next 10 days. The primary objective of the drill program is to test the evidence for a buried porphyry copper-gold system as indicated by geophysical data (chargeability high and resistivity high), geochemical data, MMI (Mobile Metal Ions) copper-gold anomalies, as well as soil anomalies and outcrop exposures with copper-gold values in the Discovery Area. Drilling will also test the Discovery Area-Cooler Creek corridor to see if it represents a connected mineralized system with the large IP anomaly or if it is an isolated anomaly."</p> <p>Bonaparte has had two bulk samples completed historically. A 1994 surface-trenching program pulled a 3,700-tonne bulk sample from the Nutcracker, Owl, Grey Jay, and Crow vein systems at an average grade of 25.4 g/t Au (gold), yielding 3,160 ounces of gold. In 2010, a smaller 364-ton sample from the Crow vein assayed 16.3 g/t Au, yielding roughly 162 troy ounces. The previous operator's 10,000-tonne testing, covering both mineralization and wall rock across a 20m-wide zone, implies a grade of about 9.86 g/t over the wider zone. Further data from south of the Discovery Zone suggests a larger zone with a width of roughly 3km by 2km around 275m depth, which then narrows again toward 500m depth.</p> <p>That interpretation lines up with published work from the British Columbia Geological Survey, whose geologists concluded that ". . . We speculate that the Bonaparte deposit represents an upper level of a buried porphyry system."</p> <p>Decade characterizes Bonaparte's location as a further point in its favor, sitting within a structural trend of producing mines and deposits in the Quesnellia terrane and sharing structural, stratigraphic, and plutonic characteristics with the Afton deposit.</p> <p>A Canadian company, Decade Resources Ltd., is dedicated to exploring mineralization in the 'Golden Triangle' area of British Columbia and owns multiple projects in various stages of development.</p> <h2 style="text-align: center;">Gold Rises as Tensions Ease</h2> <p>Junior miners and exploration companies hit the ground running this year after gold rallied at a high of US$5,500 per ounce in January. Many companies chose to begin exploration or production amid these highs. While prices have since fallen, and even dipped below US$4,000 in June, rates are still up <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-prices-today-monday-july-121321784.html" target="_blank" rel="noopener">24%</a> compared to July 2025, and <a href="https://www.gold.org/goldhub/research/gold-mid-year-outlook-2026" target="_blank" rel="noopener">Gold.org</a> wrote that: "[T]he stage is set for a possible breakout. On the upside, clear catalysts &mdash; a worsening economy or renewed geopolitical shock, a shift towards lower interest-rate expectations, or a wave of dip buying &mdash; could reignite gold's momentum and lift it back towards US$4,500/oz or above."</p> <p>Gold prices have risen slightly on July 27, 2026, after tension between the U.S. and Iran cooled over the weekend. According to<a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener"> Trading Economics</a>, "Gold rose 1% toward US$4,100 an ounce on Monday as easing tensions between the US and Iran sent oil prices sharply lower, easing inflation concerns and reducing fears that the Federal Reserve may need to tighten monetary policy more aggressively ahead of its meeting later this week."</p> <p>In April, <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/04/copper-gold-market-outlook-2026-prices-supply-mining-costs" target="_blank" rel="noopener">S&amp;P Global wrote</a>, "Gold is expected to remain volatile but structurally supported, with central bank demand and geopolitical risk helping to establish a price floor above recent correction lows."</p> <p>Despite the volatility of gold, the precious metals sector as a whole is only showing signs of improvement. On May 7, 2026, <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of <em>Recycling Today </em>said</a> that the World Bank Group has predicted that overall global metals prices will rise by 17% in 2026, which would mark the first overall market increase since 2022.</p> <h2 style="text-align: center;">Thomson Issues "Strong Speculative Buy"</h2> <p>¹On April 24, 2026, <a href="https://www.streetwisereports.com/article/2026/04/24/kamloops-junior-gold-2026-exploration-update-new-price-targets-on-the-charts.html?m_t=2026_05_06_11_44_47&amp;utm_medium=feed" target="_blank" rel="noopener">technical analyst Stewart Thomson</a> gave Decade a "Strong Speculative Buy" rating. Thomson's short-term price target is CA$0.14, his medium-term target is CA$0.25, and his long-term target is CA$0.60. </p> <p>Thomson wrote, "Trading volume has increased since the summer of 2025 . . . 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." [OWNERSHIP_CHART-11512]</p> <h2 style="text-align: center;">Del Norte Sampling Begins in August</h2> <p>According to the <a href="https://wp-decaderesources-2024.s3.ca-central-1.amazonaws.com/media/2026/03/MAR-2026-Powerpoint.pdf" target="_blank" rel="noopener">company website</a>, Decade plans to begin surface work at Del Norte to further sample the low-sulphidation mineralization that assayed over 30 g/t of gold in quartz breccias in mid-August 2026.</p> <p>The company also plans to sample any new zones revealed by snow melt and will map and sample the Eagles Nest, LG/Argo, and K-Zone structures. </p> <h2 style="text-align: center;">Ownership &amp; Share Information²</h2> <p>Decade Resources Ltd. has a market cap of CA$13.53 million, with 245.99 million shares outstanding. The company's 52-week range is CA$0.02-CA$0.15. Institutions own 3.79% of shares, while Management &amp; Insiders own 11.34%. The remaining 84.87% of shares are held by Retail.</p> <h2 style="text-align: center;">Frequently Asked Questions</h2> <p><strong>Q: What is a porphyry copper-gold deposit?</strong></p> <p>A: A porphyry deposit is a large, low-grade mineral system that can contain copper, gold, and other metals spread throughout a large volume of rock. Although the grade is often lower than in narrow high-grade veins, porphyry deposits can support long-life mines because of their size.</p> <p><strong>Q: What does a drill permit allow a mining company to do?</strong></p> <p>A: A drill permit is government approval that allows a company to begin exploration drilling under specific environmental and operational conditions. Receiving a permit is an important milestone because it allows a company to move from planning into field exploration.</p> <p><strong>Q: What are IP chargeability and resistivity anomalies?</strong></p> <p>A: Induced Polarization (IP) is a geophysical survey that measures how rocks respond to electrical currents. Areas with unusually high chargeability or resistivity can indicate the presence of sulphide minerals commonly associated with copper and gold deposits, making them attractive drill targets.</p> <p><strong>Q: What is a soil sampling program?</strong></p> <p>A: A soil sampling program collects and analyzes soil across a property to detect trace amounts of metals. These geochemical anomalies can help geologists identify areas where mineral deposits may be buried beneath the surface and guide future drilling.</p> <p><strong>Q: What is a bulk sample in mining?</strong></p> <p>A: A bulk sample is a larger quantity of rock removed from a deposit to better evaluate its grade and processing characteristics. Unlike individual drill samples, bulk samples can provide a more realistic indication of how a deposit might perform during mining.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><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>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>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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting"><strong>here.</strong></a></p> <p><strong>1. Disclosure for the quote from the Stewart Thomson article published on April 24, 2026</strong></p> <ol> <li>For the quoted article (published on April 24, 2026), Decade Resources Ltd has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.</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> </ol> <p><strong>2. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31968"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31968" width="0" height="0"> <p>( Companies Mentioned: DEC:TSX.V;DEXCF:OTCMKTS, )</p> Tue, 28 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/28/star-gold-finalizes-11-hole-longstreet-drill-campaign.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/28/star-gold-finalizes-11-hole-longstreet-drill-campaign.html?utm_medium=feed">Streetwise Reports 07/28/2026</a></b> </p> Star Gold Corp. (SRGZ:OTCQB) finalized its summer 2026 drill campaign at Longstreet, a 11-hole program combining resource definition, water wells, and its first Opal Ridge test.<p><strong><span class="for_co_card_6021"><span id="link_copy_6021"><a href="https://www.streetwisereports.com/pub/co/6021?utm_medium=feed" target="_blank" rel="noopener">Star Gold Corp. (SRGZ:OTCQB)</a></span> </span></strong>has<a href="https://www.stockwatch.com/News/Item/U-LA13234-U!SRGZ-20260728/U/SRGZ" target="_blank" rel="noopener"> finalized its summer drill program</a> at the Longstreet Gold-Silver Project, grabbing the attention of precious metals investors.</p> <h2 style="text-align: center;">Key Takeaways</h2> <ul> <li>Star Gold Corp. finalized the design of its summer 2026 drill campaign at the wholly owned Longstreet Gold-Silver Project in Nye County, Nevada, with earthwork for drill site access now underway.</li> <li>The 11-hole HQ core program combines resource definition drilling around the Main deposit with the company's first water production well and its first-ever deep test of the Opal Ridge target, drilled to 800 feet.</li> <li>Eight angled holes at Main are designed to expand the resource while generating metallurgical test material for mine planning and permitting.</li> <li>Two vertical holes near Main will be completed as groundwater monitor wells with piezometers, delivering baseline hydrologic data ahead of a future permit application.</li> <li>All core will be logged and stored in Tonopah, Nevada, with sample splits shipped to ALS Global in Reno for assay under the company's chain-of-custody protocols.</li> </ul> <h2 style="text-align: center;">One Program, Four Objectives</h2> <p>On July 28, 2026, Star Gold Corp. announced it has finalized the design of its summer 2026 drill campaign at the Longstreet Gold-Silver Project in Nye County, Nevada, and that earthwork to establish drill site access is already underway. Lindsay Gorrill, President and CEO of Star Gold, said in the release: "Every hole in this campaign is asked to answer more than one question, and the water and monitor wells give us hydrologic data that a permit application will eventually demand."</p> <p>Exploration, metallurgy, hydrology, and permitting will all be completed within an 11-hole HQ core program to avoid the constraints of mobilization cost and permitting timelines for four separate projects.</p> <p>The seven planned holes break down as follows:</p> <ul> <li>A vertical exploration water production well collared at the bottom of the canyon below the Main resource &mdash; the first water production well drilled at Longstreet.</li> <li>Eight angled holes at -45 degrees focused on resource definition and expansion within and adjacent to Main.</li> <li>Two vertical holes near Main to be completed as groundwater monitor wells with piezometers, one drilled to a total depth of 800 feet, which will be the company's first test of the Opal Ridge target at depth, immediately south of Main.</li> <li>Every hole in the program will recover HQ diameter core, including those drilled primarily for water.</li> </ul> <p>HQ core yields more representative assay data than smaller-diameter core or reverse-circulation cuttings. The hydrologic holes are also expected to return new geologic and structural information. Recovered material will be logged, cut, and stored in secure facilities in Tonopah, Nevada, with a quarter of each sampled shipped to ALS Global in Reno for testing under the company's chain-of-custody protocols.</p> <p>According to the announcement, the company believes that getting hydrologic and metallurgical data done now, inside its existing permitted footprint, is how a company of its size can advance a project without waiting on the next round of approvals.</p> <p>Hydrologic characterization is required for mine permitting in Nevada, and the two monitor wells with piezometers are intended to give the Star Gold baseline groundwater data before applying for a permit. The water production well also tests whether the district can support an operating mine.</p> <p>Star Gold Corp. is a U.S.-based gold and silver exploration company developing assets along the proven Walker Lane Belt in Nevada. The company's 100%-owned Longstreet Project spans approximately 2,600 acres, comprising 137 unpatented mining claims and five additional unpatented claims held under lease with an option to purchase.</p> <h2 style="text-align: center;">Gold Rises as Iran Tensions Ease</h2> <p>Junior miners and exploration companies hit the ground running this year after gold rallied at a high of US$5,500 per ounce in January. Many companies chose to begin exploration or production amid these highs. While prices have since fallen, and even dipped below US$4,000 in June, rates are still up <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-prices-today-monday-july-121321784.html" target="_blank" rel="noopener">24%</a> compared to July 2025, and <a href="https://www.gold.org/goldhub/research/gold-mid-year-outlook-2026" target="_blank" rel="noopener">Gold.org</a> wrote that: "[T]he stage is set for a possible breakout. On the upside, clear catalysts &mdash; a worsening economy or renewed geopolitical shock, a shift towards lower interest-rate expectations, or a wave of dip buying &mdash; could reignite gold&rsquo;s momentum and lift it back towards US$4,500/oz or above."</p> <p>Gold prices have risen slightly on July 27, 2026, after tension between the U.S. and Iran cooled over the weekend. According to<a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener"> Trading Economics</a>, "Gold rose 1% toward US$4,100 an ounce on Monday as easing tensions between the US and Iran sent oil prices sharply lower, easing inflation concerns and reducing fears that the Federal Reserve may need to tighten monetary policy more aggressively ahead of its meeting later this week."</p> <p>In April, <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/04/copper-gold-market-outlook-2026-prices-supply-mining-costs" target="_blank" rel="noopener">S&amp;P Global wrote</a>, "Gold is expected to remain volatile but structurally supported, with central bank demand and geopolitical risk helping to establish a price floor above recent correction lows."</p> <p>Silver is recovering from a recent low after "<a href="https://tradingeconomics.com/commodity/silver" target="_blank" rel="noopener">markets reduced bets on Federal Reserve rate hikes after disappointing U.S. jobs data</a>." Despite projections of 110,000 new jobs being added to the market in June, actual numbers came in only around 57,000 &mdash; the lowest in four months. Silver also rallied support from rising oil shipments through the Strait of Hormuz and progress in indirect U.S.-Iran talks, which lowered oil prices and eased fears of inflation.</p> <p>Higher demand from electric cars, solar panels, data centers, and more is shoring up silver's future demand. <a href="https://finance.yahoo.com/personal-finance/investing/article/silver-price-predictions-what-should-investors-expect-over-the-next-decade-130000645.html" target="_blank" rel="noopener">Yahoo Finance</a> quoted experts from both BlackRock and J.P. Morgan as saying, "By the end of 2026, experts predict silver's price will surpass US$80 per ounce, and it could reach US$100 per ounce by 2030."</p> <p>Despite the volatility of gold and silver, the sector as a whole is only showing signs of improvement. On May 7, 2026, <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of <em>Recycling Today </em>said</a> that the World Bank Group has predicted that overall global metals prices will rise by 17% in 2026, which would mark the first overall market increase since 2022.</p> <h2 style="text-align: center;">Two Analysts Flag Long-Neglected Stock</h2> <p>¹In a March 6, 2026, contributed technical analyst opinion piece for <em>Streetwise Reports</em>,<a href="https://www.streetwisereports.com/article/2026/03/06/a-nevada-gold-project-in-the-shadow-of-one-of-americas-largest-mines.html?utm_medium=feed" target="_blank" rel="noopener"> John Newell of John Newell &amp; Associates weighed in on Star Gold's stock</a>. He said, "The chart for Star Gold is beginning to show the kind of structure technicians often watch for after a long period of neglect. Following years of quiet trading during the junior mining bear market, the shares appear to have built a broad accumulation base. These long bases are important because they represent a gradual transfer of stock from discouraged holders into stronger hands willing to wait for the next cycle."</p> <p>Newell argued that the stock has been largely ignored but has historically attracted strong buying interest during rallies, saying, "If the shares can establish a sustained move above the US$0.18 level, the chart begins to suggest a potential advance toward the US$0.40 area, which represents the next logical technical objective based on the stock's historical trading structure."</p> <p>²In a separate contributed technical analyst opinion, <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" target="_blank" rel="noopener">Stewart Thomson gave his opinion of the company </a>on April 27, 2026. Thomson gave the stock a "Strong Speculative Buy" rating and said that it ". . . volume has been this high before, but not consistently, as it is now." Thomson went on to give Star Gold a short-term price target of US$0.20 and a long-term price target of US$5.40, noting that "given the consistent outperformance of Star Gold during CDNX rallies, high long-term price targets for the stock are reasonable considerations." [OWNERSHIP_CHART-6021]</p> <h2 style="text-align: center;">Production Permit Expected Late 2027</h2> <p>In Q2 2026, Star Gold will be finishing up water wells for the mining site, designing the leach pad site, and beginning additional drilling on the Main resource site. Assays will be reported as results come in.</p> <p>The final permit to begin production is expected in Q3 or Q4 of 2027. </p> <h2 style="text-align: center;">Ownership &amp; Share Information³</h2> <p>Star Gold Corp. has a market cap of CA$25.69 million, with 191.7 million shares outstanding. The company's 52-week range is CA$0.007-CA$0.20. Insiders and Management own 20.94% of shares, while Strategic Investors own 27.03%. The remaining 52.03% of shares are held by Retail. </p> <h2 style="text-align: center;">Frequently Asked Questions</h2> <p><strong>Q: What is HQ core drilling?</strong></p> <p>A: HQ core drilling is a diamond drilling method that produces a relatively large rock core for analysis. The larger core provides more representative geological information and can improve the accuracy of assay results and metallurgical testing.</p> <p><strong>Q: What is resource definition drilling?</strong></p> <p>A: Resource definition drilling is conducted to better define the size, shape, and grade of a known mineral deposit. The results help companies update mineral resource estimates and support future mine planning.</p> <p><strong>Q: What is metallurgical testing?</strong></p> <p>A: Metallurgical testing evaluates how ore can be processed to recover valuable metals such as gold and silver. The results help determine the most efficient and economical methods for extracting minerals from the rock.</p> <p><strong>Q: Why are groundwater monitoring wells important for mining?</strong></p> <p>A: Groundwater monitoring wells collect information about groundwater levels and water quality before mining begins. This data is often required for environmental studies and mine permitting to help ensure a project meets regulatory requirements.</p> <p><strong>Q:</strong> <strong>What is a piezometer?</strong></p> <p>A: A piezometer is an instrument installed in a borehole or monitoring well to measure groundwater pressure and water levels underground. Mining companies use this information to support environmental studies and mine design.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>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. </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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" id="OWAc99bd1e3-99cb-18d0-373c-337e0f9c7647" data-auth="NotApplicable" data-linkindex="0" rel="noopener">here.</a></p> <p><strong>1. Disclosure for the quote from the John Newell article published on March 6, 2026</strong></p> <ol> <li>For the quoted article (published on March 6, 2026), Star Gold Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.</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> <p><strong>John Newell Disclaimer</strong></p> <p>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.</p> <p><strong>2. Disclosure for the quote from the Stewart Thomson article published on April 27, 2026</strong></p> <ol> <li>For the quoted article (published on April 27, 2026), Star Gold Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.</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> </ol> <p><strong>3. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31967"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31967" width="0" height="0"> <p>( Companies Mentioned: SRGZ:OTCQB, )</p> Tue, 28 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/27/ecuador-silver-project-delivers-spectacular-historic-high-grade-hits.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/27/ecuador-silver-project-delivers-spectacular-historic-high-grade-hits.html?utm_medium=feed">Streetwise Reports 07/27/2026</a></b> </p> Trinity One Metals compiles 1978 historic drill data at its Ecuador Silver-1 project, showing exceptional silver intercepts below past mining depths, with ongoing tailings work and drone surveys advancing the story for investors.<p>Retail investors seeking exposure to silver are watching the metal trade near multi-year highs amid shifting global monetary policy and industrial demand. <strong><span class="for_co_card_11633">Trinity One Metals Ltd. (TOM: TSXV; ARJNF:OTCID; 5D5:FSE)</span></strong><span class="for_co_card_11633"> </span>offers a focused play on a historic Ecuador silver asset where newly compiled drill records highlight substantial grades at depth.</p> <h2 style="text-align: center;">Why the Silver Market Opportunity Stands Out Now</h2> <p>Silver prices continued to trade near multi-year highs on July 27. <a href="https://simplywall.st/stocks/us/retail/nyse-gold/goldcom/news/goldcom-gold-rebrands-around-precious-metals-is-it-a-bargain" target="_blank" rel="noopener">According to live spot price data, silver was priced at US$59.20 per ounce, up US$0.48, or 0.82%, on the day</a>. The data also showed silver prices had gained 2.37% over one day, 5.49% over the previous seven days, and 55.87% over the past year, while remaining up 140.57% over five years and 193.25% over 10 years. The pricing source stated that the silver spot price "is calculated as an average of multiple wholesale market quotes," providing "a reliable central market value rather than representing any single transaction price."</p> <p><a href="https://www.lbma.org.uk/articles/lbma-precious-metals-market-report-q2-2026" target="_blank" rel="noopener">According to the July 15 <em data-start="687" data-end="732">LBMA Precious Metals Market Report: Q2 2026</em>, precious metals experienced significant volatility during the second quarter </a>as geopolitical events, energy prices, and inflation expectations influenced trading. The report stated that "as the intensity of the Iran War increased, the gold price (and silver price) fell, and as negotiations towards a ceasefire took place, the price tended to rise."</p> <p>The report also noted that, despite a sharp decline in gold prices during the quarter, central bank demand remained a key source of support. It stated that "the People's Bank of China added 320,000oz (~10t) to its reserve base," marking its nineteenth consecutive month as a net buyer, while the World Gold Council reported that central banks were net buyers of 41 tonnes of gold in May. According to the report, LBMA London vaults held 28,082 tonnes of silver at the end of June 2026, representing a 1.7% increase from the previous month.</p> <p><a href="https://www.moomoo.com/news/post/73560318/oil-prices-retreat-easing-rate-hike-concerns-while-silver-rebounds?level=1&amp;data_ticket=1785160806984084" target="_blank" rel="noopener">FX678 Finance reported on July 27 that WTI crude fell about 5.6% during Asian trading, reducing inflation expectations and easing concerns over additional rate hikes</a>. The publication added that "with oil prices now easing, market participants are recalibrating their outlook on global monetary policy." It also noted that "given silver's dual nature as both a precious metal and an industrial commodity, shifts in global growth prospects will also influence its demand."</p> <h2 style="text-align: center;">Trinity One Metals Positions Silver-1 for Investor Attention</h2> <p>Trinity One Metals has compiled historic drilling data from the Silver-1 Mine in Ecuador that reveals high-grade silver intercepts at depths greater than previously mined areas. This positions the company to potentially expand known mineralization in a jurisdiction with established mining history.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Historic 1978 drill results from the Silver-1 Mine include multiple high-grade silver intercepts below the reported maximum mining depth of 90 meters.</li> <li>The standout intercept in hole SB-18 returned 2.60 meters grading 1,240 g/t silver, 1.57% lead, and 3.08% zinc, including a 0.25 meter interval at 8,002 g/t silver.</li> <li>Work programs are advancing with planned tailings sampling and a drone magnetic survey to generate new drill targets.</li> <li>The company has not independently verified the historic results and cautions that they predate current exploration standards.</li> <li>Market capitalization stands at CA$8.07 million with 67.23 million shares outstanding, offering leverage to exploration success.</li> <li>Additional historic logs from the unmined Shunaste sector are under review.</li> </ul> <h2 style="text-align: center;">Historic Drill Records Reveal Depth Potential</h2> <p><a href="https://www.trinityonemetals.com/news-media/trinity-one-metals-identifies-historic-high-grade-silver-intercepts-at-silver-1-including-260-m-at-1240-gt-silver" target="_blank" rel="noopener">Trinity One reported the compilation and initial interpretation of six historic diamond core drill holes completed at the Silver-1 Mine in Ecuador as part of a United Nations exploration program in 1978.</a> The reported results are from the previously mined Ocashuaico sector. The company also located additional historic drill logs from the Shunaste sector, where no historical mining is known to have occurred. According to the company, those records are undergoing verification and geological interpretation.</p> <p>The drilling was completed about 11 years before underground mining began at Silver-1 in 1989. Historical information indicates mining continued until about 1994 and reached a reported maximum depth of about 90 meters.</p> <p>According to the company, the newly compiled records include high-grade silver-lead-zinc intersections at calculated vertical depths exceeding the reported maximum historical mining depth. The principal zone in hole SB-18 began at 152.15 meters downhole and corresponded to a calculated vertical depth of 107.6 meters. The interval returned 2.60 meters grading 1,240 g/t silver, 1.57% lead, and 3.08% zinc, including 0.25 meter grading 8,002 g/t silver, 7.80% lead, and 11.70% zinc from 154.50 meters downhole, or a calculated vertical depth of 109.2 meters.</p> <p>Additional historic results included SB-19, which returned 0.50 meter grading 2,076 g/t silver from 48.20 meters, corresponding to a calculated vertical depth of 34.1 meters, 5.30 meters grading 182 g/t silver from 55.00 meters (38.9 meters VD), 0.15 meter grading 2,229 g/t silver from 131.05 meters (92.7 meters VD), and 0.23 meter grading 1,011 g/t silver from 155.12 meters (109.7 meters VD). SB-20 returned 5.45 meters grading 217 g/t silver from 38.35 meters (27.1 meters VD), including 0.97 meter grading 754 g/t silver from the same depth, as well as 0.40 meter grading 350 g/t silver from 164.40 meters (116.2 meters VD).</p> <p>The remaining three historic drill holes returned lower grades. SB-25 intersected 1.90 meters grading 125 g/t silver from 127.70 meters, SB-25B returned trace silver in its two recorded sample intervals, and SB-27 intersected 1.50 meters grading 64 g/t silver from 229.00 meters.</p> <h2 style="text-align: center;">Company Cautions on Historic Data Quality</h2> <p>The company stated that the drill records were recovered by its in-country geological team through a review and digitization of original paper drill logs and technical documents held in the archives of Ecuador's Geological and Energy Research Institute (IIGE). <a href="https://www.trinityonemetals.com/news-media/trinity-one-metals-identifies-historic-high-grade-silver-intercepts-at-silver-1-including-260-m-at-1240-gt-silver" target="_blank" rel="noopener">According to the company</a>, calculated vertical depths were based on an approximate drill inclination of negative 45 degrees and assumed no material drill hole deviation. The company also cautioned that the 0.25 meter interval grading 8,002 g/t silver in hole SB-18 "may be isolated, affected by a high-grade or nugget effect, or unrepresentative."</p> <p>Thomas Wood, chief executive officer of Trinity One Metals, said in a company news release, "The recovery of these 1978 United Nations drilling records represents an important breakthrough in our understanding of Silver-1."</p> <p>He added, "SB-18 is particularly significant. It intersected 2.60 m grading 1,240 g/t silver, including 0.25 m grading 8,002 g/t silver, from a downhole depth of 152.15 m."</p> <p>The company said the results were compiled from original paper records held by IIGE and checked against available historical figures and drill information. It has not independently verified the results through resampling of the original drill core or confirmation drilling. The company also noted that the available records do not identify analytical methods, sample preparation procedures, core diameter, sample security protocols, or complete drilling and QA/QC information, and that the historical results should not be treated as equivalent to results generated under current exploration and analytical standards.</p> <h2 style="text-align: center;">Exploration Work Programs Advance at Silver-1</h2> <p><a href="https://www.trinityonemetals.com/news-media/trinity-one-metals-provides-project-and-corporate-update" target="_blank" rel="noopener">According to the company's July 8 project update</a>, Trinity One has continued advancing the Silver-1 Mine through local field preparation, community engagement, environmental baseline work, and planning for the next stage of technical programs.</p> <p>The company established a local project office in San Bartolom&eacute; to support community engagement, field logistics, technical coordination, sample handling, and planning for upcoming work programs at Silver-1.</p> <p>Preparations are continuing for a planned tailings sampling program that is currently expected to begin in August 2026. Trinity One said it is selecting a contractor for the program, which is intended to support a more detailed evaluation of the historic tailings material at <a href="https://www.trinityonemetals.com/silver-1-mine" target="_blank" rel="noopener">Silver-1</a>.</p> <p>The company also selected a contractor to complete a planned drone magnetic survey at Silver-1, with mobilization expected within the next fortnight. According to the company, the survey is intended to refine its understanding of the project's structural setting and support the generation of high-priority targets for diamond core drilling. [OWNERSHIP_CHART-11633]</p> <p>In addition, the company recently changed its OTC Basic Market ticker symbol from ARJNF to TOMXF, effective July 9, 2026, to align with its TSX Venture Exchange ticker. Trinity One also adopted a new equity incentive plan approved by shareholders at its June 18, 2026, Annual General and Special Meeting, with final approval remaining subject to the TSX Venture Exchange.</p> <h2 style="text-align: center;">Share Structure and Market Position</h2> <p>Trinity One Metals Ltd has a market cap of CA$8.07 million, with 67.23 million shares outstanding. The company's 52-week range is CA$0.04-CA$0.50.</p> <p>¹Strategic Investors own 4.40% of shares, while Management and Insiders own 4.63%. The remaining 90.97% of shares are held by Retail.</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>What did Trinity One Metals announce at the Silver-1 Mine?</strong></p> <p>Trinity One Metals reported the compilation and interpretation of six historic diamond drill holes completed in 1978 at the Silver-1 Mine in Ecuador. The company said the records included multiple high-grade silver, lead, and zinc intersections from the Ocashuaico sector.</p> <p><strong>What was the highest silver intercept reported by Trinity One Metals?</strong></p> <p>The highest reported historic intercept came from hole SB-18, which returned 2.60 meters grading 1,240 g/t silver, including 0.25 meter grading 8,002 g/t silver, along with lead and zinc mineralization.</p> <p><strong>Did Trinity One Metals verify the historic drilling results?</strong></p> <p>The company said the historic results were compiled from original paper records held by Ecuador's Geological and Energy Research Institute (IIGE). Trinity One Metals stated it has not independently verified the results through resampling of the original drill core or confirmation drilling.</p> <p>Newsletter writer Chen Lin highlighted the high-grade nature of the intercepts and noted that management plans to promote the story further with additional results expected later in the year.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31965"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31965" width="0" height="0"> <p>( Companies Mentioned: TOM: TSXV;ARJNF:OTCID;5D5:FSE, )</p> Mon, 27 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/27/forgotten-1978-drill-records-reveal-8-002-g-t-silver-and-multiple-high-grade-intercepts.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/27/forgotten-1978-drill-records-reveal-8-002-g-t-silver-and-multiple-high-grade-intercepts.html?utm_medium=feed">Streetwise Reports 07/27/2026</a></b> </p> Trinity One Metals Ltd. (TOM: TSXV; ARJNF:OTCID; 5D5:FSE) reported historic Silver-1 Mine drill results, including 2.60 meters grading 1,240 g/t silver and a high-grade interval of 8,002 g/t silver recovered from archived United Nations exploration records.<p class="PDq2pG_selectionAnchorContainer" data-start="106" data-end="359"><strong><span class="for_co_card_11633">Trinity One Metals Ltd. (TOM: TSXV; ARJNF:OTCID; 5D5:FSE) </span></strong>reported <a href="https://www.trinityonemetals.com/news-media/trinity-one-metals-identifies-historic-high-grade-silver-intercepts-at-silver-1-including-260-m-at-1240-gt-silver" target="_blank" rel="noopener">the compilation and initial interpretation of six historic diamond core drill holes completed at the Silver-1 Mine in Ecuador as part of a United Nations exploration program in 1978.</a></p> <p>The reported results are from the previously mined Ocashuaico sector. The company also located additional historic drill logs from the Shunaste sector, where no historical mining is known to have occurred. According to the company, those records are undergoing verification and geological interpretation.</p> <p>The drilling was completed about 11 years before underground mining began at Silver-1 in 1989. Historical information indicates mining continued until about 1994 and reached a reported maximum depth of about 90 meters.</p> <p>According to the company, the newly compiled records include high grade silver-lead-zinc intersections at calculated vertical depths exceeding the reported maximum historical mining depth. The principal zone in hole SB-18 began at 152.15 meters downhole and corresponded to a calculated vertical depth of 107.6 meters. The interval returned 2.60 meters grading 1,240 g/t silver, 1.57% lead and 3.08% zinc, including 0.25 meter grading 8,002 g/t silver, 7.80% lead and 11.70% zinc from 154.50 meters downhole, or a calculated vertical depth of 109.2 meters.</p> <p>Additional historic results included SB-19, which returned 0.50 meter grading 2,076 g/t silver from 48.20 meters, corresponding to a calculated vertical depth of 34.1 meters, 5.30 meters grading 182 g/t silver from 55.00 meters (38.9 meters VD), 0.15 meter grading 2,229 g/t silver from 131.05 meters (92.7 meters VD), and 0.23 meter grading 1,011 g/t silver from 155.12 meters (109.7 meters VD). SB-20 returned 5.45 meters grading 217 g/t silver from 38.35 meters (27.1 meters VD), including 0.97 meter grading 754 g/t silver from the same depth, as well as 0.40 meter grading 350 g/t silver from 164.40 meters (116.2 meters VD).</p> <p>The remaining three historic drill holes returned lower grades. SB-25 intersected 1.90 meters grading 125 g/t silver from 127.70 meters, SB-25B returned trace silver in its two recorded sample intervals, and SB-27 intersected 1.50 meters grading 64 g/t silver from 229.00 meters.</p> <p>The company stated that the drill records were recovered by its in-country geological team through a review and digitization of original paper drill logs and technical documents held in the archives of Ecuador's Geological and Energy Research Institute (IIGE).</p> <p>Thomas Wood, chief executive officer of Trinity One Metals, said in a company news release, "The recovery of these 1978 United Nations drilling records represents an important breakthrough in our understanding of Silver-1."</p> <p>He added, "SB-18 is particularly significant. It intersected 2.60 m grading 1,240 g/t silver, including 0.25 m grading 8,002 g/t silver, from a downhole depth of 152.15 m."</p> <p>The company said the results were compiled from original paper records held by IIGE and checked against available historical figures and drill information. It has not independently verified the results through resampling of original drill core or confirmation drilling. The company also noted that the available records do not identify analytical methods, sample preparation procedures, core diameter, sample security protocols, or complete drilling and QA/QC information, and that the historical results should not be treated as equivalent to results generated under current exploration and analytical standards.</p> <p><a href="https://www.trinityonemetals.com/news-media/trinity-one-metals-identifies-historic-high-grade-silver-intercepts-at-silver-1-including-260-m-at-1240-gt-silver" target="_blank" rel="noopener">According to the company</a>, calculated vertical depths were based on an approximate drill inclination of negative 45 degrees and assumed no material drill hole deviation. The company also cautioned that the 0.25 meter interval grading 8,002 g/t silver in hole SB-18 "may be isolated, affected by a high-grade or nugget effect, or unrepresentative."</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="117su1q" data-start="0" data-end="61">Silver Prices Recover While Long-Term Gains Remain Strong</h2> <p data-start="63" data-end="660">Silver prices continued to trade near multi-year highs on July 27. <a href="https://simplywall.st/stocks/us/retail/nyse-gold/goldcom/news/goldcom-gold-rebrands-around-precious-metals-is-it-a-bargain" target="_blank" rel="noopener">According to live spot price data, silver was priced at US$59.20 per ounce, up US$0.48, or 0.82%, on the day</a>. The data also showed silver prices had gained 2.37% over one day, 5.49% over the previous seven days and 55.87% over the past year, while remaining up 140.57% over five years and 193.25% over 10 years. The pricing source stated that the silver spot price "is calculated as an average of multiple wholesale market quotes," providing "a reliable central market value rather than representing any single transaction price."</p> <p data-start="662" data-end="1082"><a href="https://www.lbma.org.uk/articles/lbma-precious-metals-market-report-q2-2026" target="_blank" rel="noopener">According to the July 15 <em data-start="687" data-end="732">LBMA Precious Metals Market Report: Q2 2026</em>, precious metals experienced significant volatility during the second quarter </a>as geopolitical events, energy prices and inflation expectations influenced trading. The report stated that "as the intensity of the Iran War increased, the gold price (and silver price) fell, and as negotiations towards a ceasefire took place, the price tended to rise."</p> <p data-start="1084" data-end="1623" data-is-last-node="" data-is-only-node="">The report also noted that, despite a sharp decline in gold prices during the quarter, central bank demand remained a key source of support. It stated that "the People&rsquo;s Bank of China added 320,000oz (~10t) to its reserve base," marking its nineteenth consecutive month as a net buyer, while the World Gold Council reported that central banks were net buyers of 41 tonnes of gold in May. According to the report, LBMA London vaults held 28,082 tonnes of silver at the end of June 2026, representing a 1.7% increase from the previous month.</p> <p class="PDq2pG_selectionAnchorContainer" data-start="851" data-end="1310"><a href="https://www.moomoo.com/news/post/73560318/oil-prices-retreat-easing-rate-hike-concerns-while-silver-rebounds?level=1&amp;data_ticket=1785160806984084" target="_blank" rel="noopener">FX678 Finance reported on July 27 that WTI crude fell about 5.6% during Asian trading, reducing inflation expectations and easing concerns over additional rate hikes</a>. The publication added that "with oil prices now easing, market participants are recalibrating their outlook on global monetary policy." It also noted that "given silver's dual nature as both a precious metal and an industrial commodity, shifts in global growth prospects will also influence its demand."</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1sr7ryy" data-start="0" data-end="31">Newsletter Writer Comments on Historic Drill Results</h2> <p data-start="33" data-end="510">Chen Lin of the <em data-start="49" data-end="91">What is Chen Buying? What is Chen Selling?</em> newsletter commented on July 23, 2026, following Trinity One Metals' announcement of historic drilling results at Silver-1. He wrote, "TOM.v reported very high grade silver intercept, 2.60 m at 36.16 oz/t silver (1,240 g/t), 1.57% lead and 3.08% zinc from 152.15 m." Lin added, "This is a fantastic result, and I believe the management will start to promote the story in September and they will have more results then."</p> <p data-start="512" data-end="1031" data-is-last-node="" data-is-only-node="">In a previous commentary published June 10, 2026, Lin wrote that "TOM.v reported very good progress in starting up the Silver-1." He highlighted initial tailings samples that returned "132.82 g/t silver and 0.58 g/t gold, as well as 118.47 g/t silver and 0.50 g/t gold," along with waste rock sampling results that included "405.27 g/t silver and 3.07 g/t gold." Lin also noted at the time that "Trinity One is preparing a systematic tailings drilling and sampling program, currently expected to commence in July 2026."</p> <h2 style="text-align: center;" data-section-id="tbg3kv" data-start="3038" data-end="3080"><span role="text"><strong data-start="3042" data-end="3080">Work Programs Continue at Silver-1</strong></span></h2> <p data-start="3082" data-end="3323"><a href="https://www.trinityonemetals.com/news-media/trinity-one-metals-provides-project-and-corporate-update" target="_blank" rel="noopener">According to the company's July 8 project update</a>, Trinity One has continued advancing the Silver-1 Mine through local field preparation, community engagement, environmental baseline work, and planning for the next stage of technical programs.</p> <p data-start="3325" data-end="3531">The company established a local project office in San Bartolom&eacute; to support community engagement, field logistics, technical coordination, sample handling, and planning for upcoming work programs at Silver-1.</p> <p data-start="3533" data-end="3818">Preparations are continuing for a planned tailings sampling program that is currently expected to begin in August 2026. Trinity One said it is selecting a contractor for the program, which is intended to support a more detailed evaluation of the historic tailings material at <a href="https://www.trinityonemetals.com/silver-1-mine" target="_blank" rel="noopener">Silver-1</a>.</p> <p data-start="3820" data-end="4161">The company also selected a contractor to complete a planned drone magnetic survey at Silver-1, with mobilization expected within the next fortnight. According to the company, the survey is intended to refine its understanding of the project's structural setting and support the generation of high-priority targets for diamond core drilling. [OWNERSHIP_CHART-11633]</p> <p data-start="4163" data-end="4533" data-is-last-node="" data-is-only-node="">In addition, the company recently changed its OTC Basic Market ticker symbol from ARJNF to TOMXF, effective July 9, 2026, to align with its TSX Venture Exchange ticker. Trinity One also adopted a new equity incentive plan approved by shareholders at its June 18, 2026, Annual General and Special Meeting, with final approval remaining subject to the TSX Venture Exchange.</p> <h2 style="text-align: center;"><strong>Ownership &amp; Share Information¹</strong></h2> <p>Trinity One Metals Ltd has a market cap of CA$8.07 million, with 67.23 million shares outstanding. The company's 52-week range is CA$0.04-CA$0.50.</p> <p>Strategic Investors own 4.40% of shares, while Management and Insiders own 4.63%. The remaining 90.97% of shares are held by Retail.</p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1xxf4ds" data-start="318" data-end="325">FAQ</h2> <p data-start="327" data-end="389"><strong data-start="327" data-end="389">What did Trinity One Metals announce at the Silver-1 Mine?</strong></p> <p data-start="391" data-end="662">Trinity One Metals reported the compilation and interpretation of six historic diamond drill holes completed in 1978 at the Silver-1 Mine in Ecuador. The company said the records included multiple high-grade silver, lead, and zinc intersections from the Ocashuaico sector.</p> <p data-start="664" data-end="737"><strong data-start="664" data-end="737">What was the highest silver intercept reported by Trinity One Metals?</strong></p> <p data-start="739" data-end="941">The highest reported historic intercept came from hole SB-18, which returned 2.60 meters grading 1,240 g/t silver, including 0.25 meter grading 8,002 g/t silver, along with lead and zinc mineralization.</p> <p data-start="943" data-end="982"><strong data-start="943" data-end="982">Where is the Silver-1 Mine located?</strong></p> <p data-start="984" data-end="1180">The Silver-1 Mine is located in Ecuador. According to Trinity One Metals, the historic drilling discussed in the announcement was completed in 1978 as part of a United Nations exploration program.</p> <p data-start="1182" data-end="1254"><strong data-start="1182" data-end="1254">What historic drill holes were included in the Silver-1 Mine update?</strong></p> <p data-start="1256" data-end="1390">The update included historic drill holes SB-18, SB-19, SB-20, SB-25, SB-25B, and SB-27 from the Ocashuaico sector of the Silver-1 Mine.</p> <p data-start="1392" data-end="1456"><strong data-start="1392" data-end="1456">Did Trinity One Metals verify the historic drilling results?</strong></p> <p data-start="1458" data-end="1744">The company said the historic results were compiled from original paper records held by Ecuador's Geological and Energy Research Institute (IIGE). Trinity One Metals stated it has not independently verified the results through resampling of the original drill core or confirmation drilling.</p> <p data-start="1746" data-end="1800"><strong data-start="1746" data-end="1800">How deep was historic mining at the Silver-1 Mine?</strong></p> <p data-start="1802" data-end="2076">According to Trinity One Metals, historical mining reportedly reached a maximum depth of about 90 meters between 1989 and approximately 1994. The company said several historic drill intersections occurred at calculated vertical depths greater than the reported mining depth.</p> <p data-start="2078" data-end="2140"><strong data-start="2078" data-end="2140">What metals were identified in the Silver-1 Mine drilling?</strong></p> <p data-start="2142" data-end="2318">The reported historic drill results included silver, lead, and zinc mineralization. Multiple drill holes returned high-grade silver intervals together with lead and zinc values.</p> <p data-start="2320" data-end="2373"><strong data-start="2320" data-end="2373">What is the Shunaste sector at the Silver-1 Mine?</strong></p> <p data-start="2375" data-end="2619">Trinity One Metals said it located additional historic drill logs from the Shunaste sector, where no historical mining is known to have occurred. According to the company, those records are undergoing verification and geological interpretation.</p> <p data-start="2375" data-end="2619"><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31961"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31961" width="0" height="0"> <p>( Companies Mentioned: TOM: TSXV;ARJNF:OTCID;5D5:FSE, )</p> Mon, 27 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/durango-silver-project-delivers-high-grade-oxide-hits-at-la-parrilla.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/durango-silver-project-delivers-high-grade-oxide-hits-at-la-parrilla.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Silver Storm Mining advances its La Parrilla restart in Durango with strong oxide drill results that could extend resources near surface. Discover the latest catalysts for this Mexico silver opportunity.<p>Silver prices are attracting fresh retail investor interest as industrial demand from electric vehicles, solar energy, and data centers continues to climb. Within this environment, <strong><span class="for_co_card_11084">Silver Storm Mining Ltd (SVRS:TSXV; SVRSF:OTCQX; SVR:FSE)</span></strong> is positioning its 100%-owned La Parrilla Silver Mine Complex in Durango, Mexico, as a near-term production story with meaningful exploration upside.</p> <h2 style="text-align: center;">Why La Parrilla Stands Out for Resource Growth</h2> <p>The company recently reported results from a 20-hole infill and exploration program focused on the San Marcos oxide zone. These intercepts demonstrate the potential to expand both Indicated and Inferred Resources closer to surface along a 425 m strike length. Because the new mineralization sits near existing underground development that is already being rehabilitated, any ounces added could be among the first tonnes processed once operations ramp up.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Recent oxide intercepts at San Marcos show high-grade silver equivalent values close to existing workings, supporting potential resource growth.</li> <li>Five-year SEMARNAT permits for 13 new drill pads at San Marcos add to earlier approvals and enable continued surface drilling.</li> <li>La Parrilla carries a relatively short modeled mine life, so near-surface oxide additions could be highly accretive to net asset value.</li> <li>Red Cloud Securities maintains a Buy rating with a CA$0.80 target price after reviewing the latest results.</li> <li>Non-dilutive financing from <strong><span class="for_co_card_406">First Majestic Silver Corp. (AG:TSX; AG:NYSE; FMV:FSE)</span></strong> provides working capital for the restart without immediate share dilution.</li> <li>93 holes completed to date with two underground rigs and one surface rig still active, ensuring steady news flow through the remainder of 2026.</li> </ul> <h2 style="text-align: center;">Drill Highlights from the San Marcos Oxide Zone</h2> <p>On July 22, 2026, Silver Storm announced <a href="https://www.stockwatch.com/News/Item/Z-C!SVRS-3843251/C/SVRS" target="_blank" rel="noopener">drill results</a> from the past-producing San Marcos underground mine. Central-zone hole EDP-SM-26-006 returned 328 g/t AgEq over 15.35 m (estimated true width 11.76 m), including 1,461 g/t AgEq over 2.00 m. Northern-zone hole IDP-SM-26-003A intersected 661 g/t AgEq over 3.70 m (ETW 3.48 m), including 1,231 g/t AgEq over 1.60 m. Southern-zone results, such as IDP-SM-26-017, added 468 g/t AgEq over 2.85 m. All widths are core lengths; assays remain uncut and undiluted. Silver equivalent grades use US$30/oz Ag, US$2,500/oz Au, US$0.95/lb Pb, and US$1.25/lb Zn with 70.1% silver and 82.8% gold oxide recoveries.</p> <h2 style="text-align: center;">Permitting and Ongoing Drilling Program</h2> <p>The company secured five-year SEMARNAT permits for 13 new surface drill pads at San Marcos, complementing earlier approvals. With 93 holes totaling roughly 9,395 m completed, management plans follow-up drilling from the newly permitted pads to test the near-surface oxide potential further. Two underground rigs and one surface rig remain active.</p> <h2 style="text-align: center;">Silver Market Tailwinds Support Sector Timing</h2> <p>Silver is recovering after <a href="https://tradingeconomics.com/commodity/silver" target="_blank" rel="noopener">markets reduced bets on Federal Reserve rate hikes after disappointing U.S. jobs data</a>. Lower-than-expected employment figures and easing geopolitical tensions around oil shipments helped prices stabilize. <a href="https://finance.yahoo.com/personal-finance/investing/article/silver-price-predictions-what-should-investors-expect-over-the-next-decade-130000645.html" target="_blank" rel="noopener">Yahoo Finance</a> cited BlackRock and J.P. Morgan forecasts that silver could exceed US$80/oz by the end of 2026 and reach US$100/oz by 2030. Broader metals prices are also projected to rise, according to <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of <em>Recycling Today.</em></a></p> <h2 style="text-align: center;">Views and Valuation Context</h2> <p>Red Cloud Securities viewed the San Marcos results positively, noting that resource additions near existing development could extend the modeled 6.5-year life of mine and prove highly accretive. The firm maintained its Buy rating and CA$0.80 per share target.</p> <p><a href="https://thegoldadvisor.com/silver-stock-investor/newsletters/summer-doldrums-ending/#ss" target="_blank" rel="noopener">Peter Krauth for the Silver Stock Investor</a> highlighted the non-dilutive US$5 million unsecured loan from <strong><span class="for_co_card_406">First Majestic Silver Corp. (AG:TSX; AG:NYSE; FMV:FSE)</span></strong> as additional working capital that supports the restart timeline without immediate equity issuance.</p> <h2 style="text-align: center;">Restart Timeline and Upcoming Catalysts</h2> <p>According to the company's <a href="https://www.silverstorm.ca/" target="_blank" rel="noopener">investor presentation</a>, key milestones include additional drill results and a production ramp-up targeted for Q3 2026. The oxide circuit offers simpler processing compared with the sulphide flotation flowsheet, potentially allowing early cash flow from near-surface material.</p> <h2 style="text-align: center;">Share Structure and Ownership</h2> <p>Silver Storm Mining Ltd. has a market capitalization of CA$348.01 million based on 809.33 million shares outstanding. The 52-week trading range spans CA$0.14 to CA$0.80.</p> <p>¹Institutions hold 10.31%, strategic investors 27.40%, management and insiders 1.64%, and retail investors the remaining 60.65%. [OWNERSHIP_CHART-11084]</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>Q: What is silver equivalent (AgEq)?</strong></p> <p>A: Silver equivalent converts the value of multiple metals into a single silver grade, allowing investors to compare drill intercepts more easily.</p> <p><strong>Q: Why are oxide zones important at La Parrilla?</strong></p> <p>A: Oxide material typically requires simpler processing than sulphide ore and can be brought into production more quickly when located near existing development.</p> <p><strong>Q: What does the Red Cloud target price imply?</strong></p> <p>A: The CA$0.80 target reflects the analyst's view of potential net asset value growth if near-surface oxide resources are successfully added to the mine plan.</p> <p><strong>Q: How does the First Majestic loan affect shareholders?</strong></p> <p>A: The non-dilutive US$5 million facility provides restart capital with repayments beginning after 15 months and no early-repayment penalty, limiting immediate share dilution.</p> <p>Silver Storm continues to advance its Durango asset with disciplined drilling and permitting progress. Retail investors should monitor upcoming assay results and the Q3 production ramp-up for further clarity on the project's trajectory.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31954"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31954" width="0" height="0"> <p>( Companies Mentioned: SVRS:TSXV;SVRSF:OTCQX;SVR:FSE, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/chile-silver-copper-explorer-grafton-resources-launches-caldera-project.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/chile-silver-copper-explorer-grafton-resources-launches-caldera-project.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Grafton Resources establishes the Caldera silver-copper-gold project in Chile amid metals supply tightness, combining new concessions with historic high-grade data for retail investors.<p>Supply constraints in precious and base metals markets are creating notable opportunities for junior explorers focused on silver, copper, gold, and antimony. <strong><span class="for_co_card_11471">Grafton Resources Inc. (GFT:CSE; PMSXF:OTC)</span></strong><span class="for_co_card_11471"> </span>has positioned itself to benefit by consolidating a new exploration package in a proven district.</p> <h2 style="text-align: center;">Metals Markets Face Supply Pressure and Volatility</h2> <p>Recent market updates highlight tightening physical supply for copper in China alongside silver price rebounds driven by industrial demand and import restrictions in key markets. These conditions underscore the value of early-stage projects with demonstrated mineralization potential near operating mines.</p> <h2 style="text-align: center;">Why Grafton Resources Stands Out in Chile</h2> <p><span class="for_co_card_11471">Grafton Resources Inc. (GFT:CSE; PMSXF:OTC) </span> announced <a href="https://www.stockwatch.com/News/Item/Z-C!GFT-3843403/C/GFT" target="_blank" rel="noopener">the establishment of the Caldera silver-copper-gold-antimony project in Chile's Pedernal district of the Valparaiso region</a>. The company consolidated multiple concessions targeting favorable geology within the Morro Hediondo Caldera region by combining newly staked ground, the Silver One concessions, and a historic geological database.</p> <h2 style="text-align: center;">Project Assets and Exploration Potential</h2> <p>The Caldera project includes 10 newly staked exploration concessions totaling 2,100 hectares covering continuous trends of mineralized vein outcrop and epithermal alteration. It also incorporates the Silver One concessions from a prior letter of intent with Asesorias e Inversiones Sol SpA, together with the historic database used to select concessions. The package covers a principal northwest-southeast vein trend, a parallel northeast-southwest trend, and surrounding alteration targets roughly 10 kilometers from the producing El Bronce mine.</p> <p>Key highlights include 3.8 kilometers of secured vein trends across continuous outcrop that remain undrilled. Historical samples reached up to 4.0 grams per tonne gold, 300 grams per tonne silver, and 12.4 percent copper within epithermal vein systems. Vein systems previously worked by artisanal miners and zones of epithermal alteration have not been tested with modern methods. Epithermal systems refer to mineral deposits formed at shallow depths from hot fluids.</p> <h2 style="text-align: center;">Framework Agreement and Acquisition Terms</h2> <p>The company, its wholly owned Chilean subsidiary, and AIS entered into a framework agreement, two definitive option agreements, and a share consideration agreement dated July 21, 2026, replacing the prior letter of intent. Grafton received an option to acquire a 100 percent interest in the Silver One property through cash payments totaling US$248,000, consisting of US$148,000 upon signing and US$100,000 within 24 months, plus share consideration valued at US$400,000 issued in two equal tranches. The option remains subject to Canadian Securities Exchange approval.</p> <h2 style="text-align: center;">Historic Database Supports Targeting</h2> <p>Concession selection drew from a historic sampling database obtained through agreements with AIS. The database contains 150 samples analyzed using ICP multielement methods, gold fire assay, and selected base metals by atomic absorption. Results showed 92 percent of samples returned anomalous copper values greater than 0.1 percent copper, 24 percent exceeded 3.0 percent copper, and the highest value reached 12.4 percent copper. Twenty-five percent of silver samples exceeded 100 parts per million, with anomalous silver samples also returning elevated antimony, arsenic, and mercury values. The sampling occurred in 2021, with most results supported by laboratory certificates, though the work lacks formal quality assurance and quality control and should be treated as a historical initial indicator only.</p> <h2 style="text-align: center;">Analyst Perspective on Portfolio and Valuation</h2> <p>In commentary, Michael Ballanger described Grafton Resources as en route to building a powerful portfolio of projects all in Chile and all secured by the Fitzroy team. He characterized the Caldera project as a silver-gold-copper prospect located proximate to an existing operating mine with huge potential. Ballanger noted the company had only 26 million shares issued and outstanding and suggested it would take modest demand to push the stock into the CA$50 million market cap range, close to CA$2.00. He assigned a Strong Buy recommendation with a target price of CA$2.00.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Grafton Resources has consolidated a new silver-copper-gold-antimony project in Chile near an operating mine using historic data and new staking.</li> <li>Historical sampling indicated high-grade copper up to 12.4 percent along with gold and silver values in undrilled vein trends.</li> <li>The company holds a low share count of 26 million, which could amplify moves on increased investor interest, according to analyst commentary.</li> <li>Metals markets show signs of physical supply tightness in copper and industrial demand support for silver.</li> <li>Reconnaissance work has started, and results will be reported as available.</li> <li>The option agreement for Silver One property requires regulatory approval and staged payments.</li> </ul> <h2 style="text-align: center;">Geological Reconnaissance Underway at Caldera</h2> <p>Grafton Resources has begun a geological reconnaissance program across the granted concession areas at the Caldera project. The work will include resampling historically mineralized sites and extending sampling coverage across the consolidated project area. [OWNERSHIP_CHART-11471]</p> <p>The program aims to produce preliminary geological models for each occurrence within the project. Results from the reconnaissance program will be reported as they become available.</p> <h2 style="text-align: center;">Share Structure and Ownership Snapshot</h2> <p>¹Management and insiders own 13.55 percent of Grafton Resources, with the remainder held by retail investors. The 52-week range stands at CA$0.22 to US$43.98. Market capitalization is CA$10.99 million with 16.23 million free float shares.</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <h3>What is the Caldera project?</h3> <p>The Caldera project is a consolidated silver-copper-gold-antimony exploration package in Chile's Valparaiso region that combines newly staked concessions, the Silver One concessions, and a historic database.</p> <h3>Where is the project located?</h3> <p>The project sits in the Pedernal district on the eastern margin of the Morro Hediondo Caldera, approximately 10 kilometers from the producing El Bronce mine.</p> <h3>What metals are targeted?</h3> <p>The project targets silver, copper, gold, and antimony mineralization within epithermal vein systems based on historical sampling.</p> <h3>What are the next steps?</h3> <p>A reconnaissance program, including resampling and expanded coverage, is underway with results to be released as available.</p> <p>Retail investors should review all public filings and consider the early-stage nature of the project along with regulatory and market risks before making decisions.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><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 Grafton Resources.</li> <li>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31952"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31952" width="0" height="0"> <p>( Companies Mentioned: GFT:CSE;PMSXF:OTC, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/quebec-vms-project-launches-5000m-drill-program-backed-by-dowa.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/quebec-vms-project-launches-5000m-drill-program-backed-by-dowa.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Galway Metals starts a 5000-meter drill campaign at its high-grade Estrades gold-zinc project in western Quebec, funded by DOWA. Learn how this catalyst and the Clarence Stream PEA could impact investors.<p>Gold and copper markets are showing notable strength that could benefit exploration companies active in established Canadian districts. <a href="https://www.jmbullion.com/charts/gold-price/" target="_blank" rel="noopener">Gold traded at US$4,069.32 per ounce as of 5:46 a.m. EDT on July 24, according to live spot pricing data.</a> At the same time, tightening physical supply in China has lifted copper prices and premiums, creating a constructive backdrop for polymetallic projects.</p> <p><span id="link_copy_517"><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></span> is advancing two distinct Canadian assets at a time when investors are seeking exposure to both gold and base metals. The company has mobilized drills at its Estrades volcanic massive sulphide project in western Qu&eacute;bec while simultaneously moving its Clarence Stream gold project in New Brunswick toward a preliminary economic assessment. This dual-track approach differentiates Galway from single-asset juniors and provides multiple potential catalysts.</p> <h2 style="text-align: center;">Why Galway Metals Stands Out for Retail Investors</h2> <p>The Estrades project hosts high-grade gold-zinc-copper-lead-silver mineralization. Historical work by Breakwater Resources included roughly CA$20 million in development and underground mining from 1990 to 1991. Galway released a positive preliminary economic assessment earlier in 2026, outlining an underground mining scenario. The current 5,000-meter drill program is fully funded under the option and joint venture term sheet with DOWA METALS &amp; MINING CO., LTD.</p> <h1 style="text-align: center;"><strong>Key Investor Takeaways</strong></h1> <ul> <li>Galway has begun a 5,000-meter diamond drill program at Estrades, funded by strategic partner DOWA, to collect metallurgical samples and improve geological understanding.</li> <li>The Estrades project contains gold, zinc, copper, lead, and silver in a high-grade VMS setting previously mined in the early 1990s.</li> <li>A separate PEA is underway at the 100%-owned Clarence Stream gold project in New Brunswick, building on a 2.7 million ounce gold resource.</li> <li>Red Cloud Securities maintained a BUY rating and CA$2.20 target price after the updated Clarence Stream resource increased indicated ounces by 54%.</li> <li>DOWA can earn up to 45% interest in Estrades by contributing up to US$25 million across three phases.</li> <li>Galway has completed more than 52,000 meters of drilling at Estrades since acquiring the project in 2016.</li> </ul> <h2 style="text-align: center;">Drilling Underway at Estrades to Support Metallurgical and Development Work</h2> <p>Two diamond drills<a href="https://galwaymetalsinc.com/2026/07/galway-metals-commences-5000-metre-drill-program-at-estrades-funded-by-dowa__trashed-2/" target="_blank" rel="noopener"> have been mobilized, and drilling has commenced at its Estrades Project in the northern Abitibi region of western Qu&eacute;bec.</a> The program is designed to obtain fresh mineralized material from the Main, Central, and East zones for metallurgical testing at SGS Canada while gathering additional geological data. President and CEO Robert Hinchcliffe noted that the first three holes of the campaign are complete and expressed optimism about the project's prospects.</p> <p>The Estrades deposit consists of gold, zinc, copper, lead, and silver-rich massive sulphide lenses located about 95 kilometers north-northeast of La Sarre, Qu&eacute;bec. Ore was previously shipped roughly 135 kilometers to the Matagami Mill. The current drilling aims to improve local geological confidence and supply data that may support future resource, engineering, and development studies.</p> <h2 style="text-align: center;">Clarence Stream PEA Advances on Expanded Gold Resource</h2> <p><a href="https://galwaymetalsinc.com/2026/07/galway-metals-commences-preliminary-economic-assessment-at-clarence-stream-gold-project/" target="_blank" rel="noopener">Separately, Galway Metals announced that it has engaged BBA E&amp;C Inc. to complete a Preliminary Economic Assessment (PEA) for its 100%-owned Clarence Stream gold project in southwestern New Brunswick.</a> The study will evaluate mining and processing alternatives, infrastructure needs, capital and operating costs, and trade-off studies. It will be based on an indicated resource of 27.2 million tonnes grading 1.62 grams per tonne gold containing 1.42 million ounces and an inferred resource of 28.5 million tonnes grading 1.40 grams per tonne gold containing 1.29 million ounces. Completion is expected in the first quarter of 2027.</p> <h2 style="text-align: center;">Analyst Coverage Highlights Resource Growth and Open Potential</h2> <p>Red Cloud Securities analyst Ron Stewart reviewed the updated Clarence Stream mineral resource estimate and maintained a BUY rating with a CA$2.20 per share target price. The estimate increased total gold resources to 2.7 million ounces, with indicated ounces rising 54% to 1.42 million ounces. Optimized open-pit shells contain 88% of the resource, while metallurgical testing has shown strong gold and antimony recoveries. All three deposits remain open, and 12 high-priority targets have been identified along the 65-kilometer trend.</p> <h2 style="text-align: center;"><strong>Strategic Partnership with DOWA Provides Non-Dilutive Funding</strong></h2> <p>The Phase I work program under the DOWA agreement includes the current 5,000-meter drill program, metallurgical testing, and baseline studies. <a href="https://wp-galwaymetalsinc-2023.s3.ca-central-1.amazonaws.com/media/2026/07/GWM_Corporate_Presentation_July_13_2026.pdf" target="_blank" rel="noopener">The July 2026 corporate presentation</a> outlines that DOWA may earn up to a 45% participating interest through total contributions of up to US$25 million across three phases. This structure reduces Galway's capital requirements while advancing project evaluation.</p> <p>Additional initiatives include an environmental baseline study expected to begin in the second quarter of 2026 and continued community outreach. Work will also focus on upgrading the resource through drilling at depth and testing lateral extensions.</p> <p>Commodity market support remains favorable. <a href="https://www.mining.com/copper-price-nearing-us-record-as-premium-doubles-shanghai-stockpiles-drop-82/?utm_source=Rock+Daily+%7C+RCKS+Master+Audience&amp;utm_campaign=08f8627353-EMAIL_CAMPAIGN_2018_04_10_COPY_01&amp;utm_medium=email&amp;utm_term=0_2d6e7dc0d4-08f8627353-606677560" target="_blank" rel="noopener">Mining.com reported on July 21 </a>that copper prices reached their highest level in more than a month amid tightening physical markets in China. <a href="https://www.cnbc.com/2026/07/22/john-paulson-says-we-are-in-early-stages-of-a-long-term-bull-market-for-gold.html" target="_blank" rel="noopener">CNBC reported on July 22 that investor John Paulson said he believed the gold market remained in the early stages of a longer-term trend</a>. <a href="https://www.kitco.com/news/article/2026-07-23/gold-prices-continue-hold-key-support-ecb-leaves-interest-rates-unchanged" target="_blank" rel="noopener">According to a July 23 report from Kitco News,</a> gold prices continued to hold key long-term support levels after the European Central Bank left interest rates unchanged. [OWNERSHIP_CHART-517]</p> <h2 style="text-align: center;">Share Structure and Ownership</h2> <p>¹Insiders 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 dpt et placement du Qu&eacute;bec at 3.33%, and Mackenzie Investments at 3.27%. The company has 125.76 million shares outstanding and a market capitalization of CA$90.11 million. The 52-week trading range is CA$0.32 to CA$1.01 per share.</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <h3><strong>What is the focus of the current Estrades drill program?</strong></h3> <p>The 5,000-meter program aims to collect representative mineralized material from the Main, Central, and East zones for metallurgical testing while improving geological confidence across the deposit.</p> <h3><strong>How does the DOWA agreement benefit Galway shareholders?</strong></h3> <p>DOWA is funding the Phase I program and can earn up to 45% interest by contributing up to US$25 million, providing non-dilutive capital to advance the project.</p> <h3><strong>What is the scale of the Clarence Stream gold resource?</strong></h3> <p>The updated estimate contains 2.7 million ounces of gold, with indicated resources of 1.42 million ounces at 1.62 grams per tonne and inferred resources of 1.29 million ounces at 1.40 grams per tonne.</p> <h3><strong>When is the Clarence Stream PEA expected?</strong></h3> <p>The study is scheduled for completion in the first quarter of 2027 and will evaluate mining, processing, and infrastructure options.</p> <p>Galway Metals offers retail investors exposure to two advancing Canadian projects in a supportive commodity environment. The Estrades drill program and Clarence Stream PEA represent near-term milestones that could further de-risk both assets while the DOWA partnership helps limit shareholder dilution. Investors should review the latest technical reports and consider the risks inherent in mineral exploration and development before making investment decisions.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><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>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31950"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31950" width="0" height="0"> <p>( Companies Mentioned: GWM:TSX.V; GAYMF:OTCQB, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/ontario-gold-explorer-expands-mirado-zones-with-high-grade-hits.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/ontario-gold-explorer-expands-mirado-zones-with-high-grade-hits.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Kirkland Lake Discoveries advances its Mirado Gold Project in Ontario with new high-grade intercepts and regional targets, positioning investors for growth in the Abitibi belt amid supportive gold markets.<p>Retail investors tracking gold exploration are closely watching developments at the Mirado Gold Project as <strong><span class="for_co_card_11443">Kirkland Lake Discoveries Corp.'s (KLDC:TSXV; KLKLF:OTC)</span></strong> <a href="https://www.stockwatch.com/News/Item/U-306177-U!KLKLF-20260723/U/KLKLF" target="_blank" rel="noopener">newest assay results</a> demonstrate meaningful expansion across multiple zones.</p> <h2 style="text-align: center;">Gold Market Opportunity Supports Junior Explorers</h2> <p>Gold prices remain structurally supported despite recent volatility, trading near US$4,050 per ounce after a <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-prices-today-monday-july-121321784.html" target="_blank" rel="noopener">24%</a> year-over-year gain. <span style="box-sizing: border-box; margin: 0px; padding: 0px;"><a href="https://www.gold.org/goldhub/research/gold-mid-year-outlook-2026" target="_blank" rel="noopener">Gold.org</a> highlights potential catalysts, including geopolitical risks and shifting rate expectations, that could drive prices toward US$4,500.</span> <a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener">Trading Economics</a> notes ongoing inflation concerns from higher oil prices may keep policy tighter, yet central bank buying continues to provide a floor. <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/04/copper-gold-market-outlook-2026-prices-supply-mining-costs" target="_blank" rel="noopener">S&amp;P Global wrote</a> that gold should stay volatile but supported. Broader metals prices are forecast to rise 17% in 2026 per the World Bank, marking the first sector-wide increase since 2022, according to <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of <em>Recycling Today</em></a>.</p> <h2 style="text-align: center;">Why Kirkland Lake Discoveries Stands Out Now</h2> <p>Kirkland Lake Discoveries focuses on gold exploration within Ontario's Abitibi greenstone belt, one of the world's most productive mining districts. The company controls a large land package, including the historical Mirado deposit and surrounding regional targets. This positioning allows systematic testing of near-surface mineralization, deeper high-grade structures, and new zones outside the known footprint.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Recent drilling expanded the South Zone footprint by roughly 130 meters northwest while confirming high-grade gold below the historical resource.</li> <li>North Zone extension of 85 meters adds strike length with consistent gold values over meaningful widths.</li> <li>First regional hole at the MZ Zone 500 meters west intersected strong alteration similar to known mineralized areas, with assays pending.</li> <li>Regional drilling permit now covers the entire KL South project, enabling broader exploration alongside 16 pending assay results.</li> <li>The company remains well capitalized with an active drill program and 17,000 meters already completed at the KL West property.</li> </ul> <h2 style="text-align: center;">Unique Business Model and Project Advantages</h2> <p>The Mirado project benefits from a combination of near-surface bulk tonnage potential and discrete high-grade vein structures. Drilling has targeted three dimensions simultaneously: lateral expansion of known envelopes, vertical confirmation below historical resources, and step-out testing along strike. This approach maximizes discovery potential within a single campaign while leveraging existing infrastructure in a proven district.</p> <h2 style="text-align: center;">Recent Assay Results and Catalyst Details</h2> <p>On July 23, 2026, Kirkland Lake Discoveries reported <a href="https://www.stockwatch.com/News/Item/Z-C!KLDC-3843693/C/KLDC" target="_blank" rel="noopener">assay results</a> from eight holes. Broad lower-grade intervals containing higher-grade shoots were intersected in several holes, consistent with structurally controlled silicified zones. Notable intercepts include 0.50 g/t Au over 91.0 m in KLM26-019 with internal zones grading 1.13 g/t Au over 23.8 m. KLM26-017 returned 18.99 g/t Au over 6.7 m, including 125.91 g/t Au over 1.0 m, extending mineralization vertically. In the North Zone, KLM26-013 delivered 0.98 g/t Au over 35.0 m and stepped out 85 meters west of prior drilling.</p> <h2 style="text-align: center;">Regional Targets and Permitting Momentum</h2> <p>The initial MZ Zone hole, 500 meters west of the main deposit, encountered intense chlorite, silica, and epidote alteration with pyrite mineralization comparable to earlier successful holes that returned 5.66 g/t Au over 18.2 m. A new regional permit now allows drilling across all of KL South. Bob Moriarty of <a href="http://www.321gold.com/" target="_blank" rel="noopener">321gold.com</a> noted the company continues to release strong results and that shares corrected after a 300% April rally, setting up potential further advances. The <a href="https://www.kirklandlakediscoveries.com/_files/ugd/a84855_bd64c907fa964758a1b99953576717c2.pdf" target="_blank" rel="noopener">investor presentation</a> outlines an active 8,000-meter program at KL South, plus 17,000 meters completed at KL West, with assays pending.</p> <h2 style="text-align: center;">Industry Timing and Valuation Context</h2> <p>Junior gold explorers with active drill programs and pending results often re-rate when new data confirm expansion. Kirkland Lake Discoveries maintains a market capitalization of CA$58.60 million with 205.63 million shares outstanding and a 52-week range of CA$0.07 to CA$0.67. [OWNERSHIP_CHART-11443]</p> <p>¹Strategic investors hold 39.73%, while insiders own 0.26%, and retail investors hold the balance.</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>Q: How do assay results influence project value?</strong></p> <p>A: Positive assays that expand known zones or identify new mineralized areas can increase the potential resource size, supporting higher valuations if confirmed by additional drilling and economic studies.</p> <p><strong>Q: What role does a regional drilling permit play?</strong></p> <p>A: Securing broad permits reduces permitting timelines for future holes, allowing the company to test multiple targets efficiently and accelerate the exploration timeline.</p> <p><strong>Q: Why is the Abitibi belt attractive for gold exploration?</strong></p> <p>A: The belt has produced hundreds of millions of ounces of gold historically and features favorable geology with established infrastructure, lowering discovery and development risk compared to frontier districts.</p> <p><strong>Q: What factors should investors monitor next?</strong></p> <p>A: Key items include the remaining 16 assay results, follow-up drilling at the MZ Zone, and any updates on resource modeling or additional land acquisitions.</p> <p>With multiple expansion vectors confirmed and a supportive gold price environment, Kirkland Lake Discoveries offers retail investors exposure to ongoing discovery potential in a tier-one jurisdiction.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31948"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31948" width="0" height="0"> <p>( Companies Mentioned: KLDC:TSXV;KLKLF:OTC, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/sonora-silver-project-engages-sgs-for-alamos-resource-update.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/sonora-silver-project-engages-sgs-for-alamos-resource-update.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Alamos Silver Project in Sonora, Mexico, engages SGS to update its mineral resource estimate. Minaurum Silver advances expansion drilling targeting growth beyond the current 55.2 Moz AgEq.<p>The silver market is drawing fresh attention from investors as prices show resilience amid shifting industrial demand and safe-haven buying. Within this environment, <strong><span class="for_co_card_3158">Minaurum Silver Inc. (MGG:TSXV; MMRGF:OTCQX)</span></strong><span class="for_co_card_3158"> </span>has taken a key step forward by engaging a respected technical firm to refresh the resource picture at its flagship asset.</p> <p><a href="https://minaurum.com/news/2026/minaurum-engages-sgs-to-complete-mineral-resource-update-on-the-alamos-silver-project/" target="_blank" rel="noopener">Recently, it reported that it had engaged SGS Metallurgy and Consulting Geological Services (SGS) to update the mineral resource estimate for its Alamos Silver Project in Sonora, Mexico.</a> This move positions the company to incorporate substantial new drilling data into a larger resource model expected later in 2026.</p> <h2 style="text-align: center;">Why the Alamos Silver Project Stands Out in Today's Market</h2> <p>The Alamos Silver Project sits in Sonora, Mexico, a region known for productive silver districts. The project already hosts a solid inaugural resource, and ongoing drilling continues to outline additional high-grade mineralization across multiple vein systems. For retail investors, this combination of an existing resource base plus clear expansion potential offers a transparent path toward possible growth in contained ounces.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Minaurum Silver has engaged SGS, a firm with experience on other notable silver projects, to prepare an updated mineral resource estimate.</li> <li>The current resource stands at 55.2 million ounces silver equivalent, providing a measurable starting point for growth.</li> <li>A fully financed 50,000-meter drill program is actively testing extensions and new zones at the Alamos Silver Project in Sonora, Mexico.</li> <li>High-grade intercepts continue to be reported from several vein systems, supporting expectations for resource expansion.</li> <li>The company maintains a modest market capitalization relative to its exploration scale, with a share structure dominated by high-net-worth and institutional holders.</li> </ul> <h2 style="text-align: center;">Company's Unique Position and Drilling Catalysts</h2> <p><a href="https://minaurum.com/news/2026/minaurum-engages-sgs-to-complete-mineral-resource-update-on-the-alamos-silver-project/" target="_blank" rel="noopener">Minaurum said it launched a 50,000-meter, six-rig core drilling campaign in December 2025</a> focused on the Europa, Promontorio, and Travesia vein zones while also testing extensions along strike and down plunge. Additional targets include the Promontorio Sur and Europa Sur extensions, plus initial resource drilling at Quintera and San Jose. Numerous high-grade intercepts have already been reported from these areas.</p> <p>The updated estimate will fold in results from these zones, expanding the scope beyond the January 2026 inaugural mineral resource estimate. That earlier estimate covered 5.37 million tonnes containing 55.2 million ounces of silver equivalent grading 320 g/t silver equivalent, or 202 g/t silver, 0.21 g/t gold, 0.43% copper, 0.97% lead, and 2.01% zinc. The resource included 34.8 million ounces of silver, 35,640 ounces of gold, 51.0 million pounds of copper, 115 million pounds of lead, and 238 million pounds of zinc, supported by 104 drill holes totaling 35,888.15 meters.</p> <h2 style="text-align: center;">Industry Timing and Broader Metal Market Trends</h2> <p><a href="https://www.mining.com/copper-price-nearing-us-record-as-premium-doubles-shanghai-stockpiles-drop-82/?utm_source=Rock+Daily+%7C+RCKS+Master+Audience&amp;utm_campaign=08f8627353-EMAIL_CAMPAIGN_2018_04_10_COPY_01&amp;utm_medium=email&amp;utm_term=0_2d6e7dc0d4-08f8627353-606677560" target="_blank" rel="noopener">Mining.com reported on July 21 that copper prices had climbed to their highest level in more than a month</a> as evidence of a tightening physical market in China increased. <a href="https://www.kitco.com/news/article/2026-07-23/gold-prices-continue-hold-key-support-ecb-leaves-interest-rates-unchanged" target="_blank" rel="noopener">According to a July 23 report from Kitco News</a>, the gold market had continued to base-build at key long-term support levels after the European Central Bank left interest rates unchanged. <a href="https://www.cnbc.com/2026/07/23/silver-gold-prices-rebound-rally-correction.html" target="_blank" rel="noopener">CNBC reported on July 23 that spot silver traded at US$59.47 per ounce</a>, up about 6.3% from the end of the previous week. <a href="https://www.kitco.com/news/article/2026-07-22/silvers-correction-has-reset-market-clearing-way-sustainable-rally-70" target="_blank" rel="noopener">Writing for Kitco News on July 22, Neils Christensen reported that WisdomTree Head of Commodities and Macroeconomic Research Nitesh Shah viewed silver's correction as a reset for the market following January's record highs</a>.</p> <h2 style="text-align: center;"> Views on Recent Drill Results and Growth Potential</h2> <p><a href="https://thegoldadvisor.com/silver-stock-investor/newsletters/summer-doldrums-ending/" target="_blank" rel="noopener">In the July 22 edition of <em>Silver Stock</em>, Peter Krauth discussed Minaurum Silver's latest drill results from its 50,000-meter Phase II resource expansion program at the Alamos Silver Project</a>. Krauth highlighted continued high-grade mineralization expanding the Quintera, Europa Sur, Travesia, and San Jose vein zones. He noted one intercept of 5.95 meters grading 1,117 g/t silver equivalent at Quintera and expressed confidence that the overall resource could reach 100 Moz AgEq before long, given the fully financed drill program.</p> <h2 style="text-align: center;">Resource Expansion Activities Across Multiple Vein Zones</h2> <p>The 50,000-meter Phase II program is underway with six drill rigs and includes infill and step-out definition drilling. <a href="https://minaurum.com/site/assets/files/3832/mggppt-july21-2026-web.pdf#viewer.action=download" target="_blank" rel="noopener">According to the July 2026 presentation</a>, the program began with three advanced vein zones and followed approximately 65,000 meters drilled in 188 holes at Alamos, with additional assays pending. The presentation identifies the Promontorio, Europa, and Travesia vein zones as the initial focus while also directing drilling toward Promontorio Sur, Europa Sur, Quintera, and San Jose. High-grade mineralization has been identified in several additional vein zones, with Minas Nuevas, Alessandra, San Jose, and Pulpito-Cotera ready for systematic infill drilling. [OWNERSHIP_CHART-3158]</p> <h2 style="text-align: center;">Share Structure and Market Position</h2> <p>¹About 60% of the company is owned by high-net-worth investors, about 20% is retail, about 15% by precious metal funds, and about 5% by management. The company has a market capitalization of approximately CA$180 million, with 513.23 million shares outstanding. The stock has traded in a 52-week range of CA$0.22 to CA$0.65.</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <h3>What is the Alamos Silver Project?</h3> <p>The Alamos Silver Project is a high-grade silver project in Sonora, Mexico. According to the company, the project's inaugural mineral resource estimate totaled 5.37 million tonnes containing 55.2 million ounces of silver equivalent.</p> <h3>Why did Minaurum engage SGS?</h3> <p>Minaurum announced that it engaged SGS Metallurgy and Consulting Geological Services to prepare an updated mineral resource estimate incorporating new drilling data from multiple vein zones at the Alamos Silver Project.</p> <h3>When will the updated resource estimate be released?</h3> <p>The company said the updated mineral resource estimate is expected later in 2026.</p> <h3>What metals are present at the project?</h3> <p>According to the company's resource estimate, the project contains silver, gold, copper, lead, and zinc. The resource includes 34.8 million ounces of silver, 35,640 ounces of gold, 51.0 million pounds of copper, 115 million pounds of lead, and 238 million pounds of zinc.</p> <p>Retail investors monitoring silver equities may find the combination of an existing resource, active expansion drilling, and an upcoming technical update worth following as Minaurum Silver advances the Alamos Silver Project in Sonora, Mexico.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31947"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31947" width="0" height="0"> <p>( Companies Mentioned: MGG:TSXV;MMRGF:OTCQX, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/brazil-graphite-explorer-delivers-high-grade-hits-in-all-20-holes.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/brazil-graphite-explorer-delivers-high-grade-hits-in-all-20-holes.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Atlas Critical Minerals' graphite project in Minas Gerais, Brazil, posts a 100 percent intercept rate with high-grade results up to 33.78 meters at 7.97 percent Cg. Learn why this matters for investors now.<p>The global push for secure graphite supplies is intensifying as electric vehicle batteries and energy storage systems scale rapidly. Governments are actively working to reduce reliance on concentrated foreign production, creating a timely window for new development projects outside dominant supply regions.</p> <p><a href="https://www.streetwisereports.com/pub/co/11215?utm_medium=feed" target="_blank" rel="noopener">Atlas Critical Minerals Corp. (ATCX; NASDAQ)</a> has reported strong early validation at its Graphite Project in Minas Gerais, Brazil. <a href="https://www.atlascriticalminerals.com/news/atlas-critical-minerals-intersects-high-grade-graphite-all-20-drill-holes-confirm-mineralization-with-intercepts-up-to-33-78-meters-at-7-97-graphitic-carbon/" target="_blank" rel="noopener">The report showed initial assay results from the maiden diamond drilling program at its wholly owned Graphite Project in Minas Gerais, Brazil, with all 20 completed drill holes intersecting graphite mineralization at the first of the project's three mineral tenements.</a> The results position the company as a potential contributor to diversified graphite supply chains at an opportune moment.</p> <h2 style="text-align: center;">Why Graphite Demand Is Accelerating</h2> <p>Graphite serves as the primary anode material in lithium-ion batteries, enabling efficient energy storage and release. Demand is rising with electric vehicle adoption and grid-scale storage projects. At the same time, policy measures in the United States are emphasizing domestic and allied sources of critical minerals to strengthen supply resilience.</p> <p><a href="https://www.spglobal.com/energy/en/news-research/latest-news/metals/072026-trump-announces-directives-to-strengthen-domestic-aluminum-critical-mineral-production" target="_blank" rel="noopener">According to a July 20 report from Metals &amp; Mining</a>, recent executive actions target critical minerals used in defense and industrial applications. Separate analyses project meaningful market expansion. <a href="https://www.prnewswire.com/news-releases/graphite-market-size-to-hit-usd-10-10-billion-by-2031-as-lithium-ion-battery-gigafactories-accelerate-global-demand-says-mordor-intelligence-302829566.html" target="_blank" rel="noopener">Mordor Intelligence wrote on July 20 that the global graphite market was expected to reach US$6.30 billion in 2026</a> and reach US$10.10 billion by 2031 at a compound annual growth rate of 9.91 percent. <a href="https://www.alliedmarketresearch.com/graphite-market" target="_blank" rel="noopener">According to a January report from Market Research Future,</a> the market was valued at US$8.4 billion in 2023, with potential growth to US$13.2 billion by 2033.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>All 20 initial drill holes at the first tenement intersected graphite, delivering a 100 percent success rate over roughly 2,300 meters.</li> <li>High-grade intervals include 33.78 meters at 7.97 percent graphitic carbon, confirming strong near-surface potential.</li> <li>The project benefits from prior geophysical surveys covering an 11-kilometer strike length and is advancing under Regulation S-K 1300 standards.</li> <li>Analyst coverage includes Buy ratings with price targets of US$42 and US$13.75, reflecting perceived upside from supply-chain shifts.</li> <li>Next milestones include a maiden resource estimate in Q4 2026 and a preliminary economic assessment in Q1 2027.</li> <li>Insider and management ownership of nearly 30 percent plus a strategic stake held by Atlas Lithium Corp. aligns interests with shareholders.</li> </ul> <h2 style="text-align: center;">Project Location and Early Results</h2> <p>The Malacacheta Graphite Project covers 2,822 hectares across three contiguous mineral tenements in Minas Gerais, Brazil. <a href="https://www.atlascriticalminerals.com/wp-content/uploads/2026/06/Atlas-Critical-Minerals-Brief-Corporate-Overview-June-2026.pdf" target="_blank" rel="noopener">According to the company's June 2026 corporate presentation,</a> surface graphite occurrences were already visible before drilling began. The 2026 program was guided by geological mapping, grab sampling, and 27.5 kilometers of ground geophysics that outlined anomalies along an approximate 11-kilometer strike.</p> <p>Assays from the first 20 holes confirmed multiple high-grade intervals. Notable results include 33.78 meters grading 7.97 percent graphitic carbon in hole MPDDH-0009, 22.66 meters at 8.27 percent in MPDDH-0007, 11.00 meters at 8.03 percent in MPDDH-0002, and separate intervals of 6.00 meters at 9.55 percent plus 19.36 meters at 6.09 percent in MPDDH-0006. Graphitic carbon, commonly abbreviated Cg, measures the graphite content in mineralized rock and is the standard reporting metric for graphite assays.</p> <h2 style="text-align: center;">Technical Oversight and Metallurgical Potential</h2> <p>Work follows Item 1300 of Regulation S-K. Marc-Antoine Laporte of SGS Canada Inc. acts as the Qualified Person for graphite under this framework. An earlier Technical Report Summary incorporated metallurgical testing at a specialized U.S. laboratory, where samples met battery-grade and nuclear-grade qualification standards.</p> <p><a href="https://www.atlascriticalminerals.com/news/atlas-critical-minerals-intersects-high-grade-graphite-all-20-drill-holes-confirm-mineralization-with-intercepts-up-to-33-78-meters-at-7-97-graphitic-carbon/" target="_blank" rel="noopener">Marc Fogassa, chairman and chief executive officer of Atlas Critical Minerals, said in a company news release,</a> "These are outstanding initial drill results that validate our earlier exploration work. Every one of the first 20 holes intersected graphite, including a nearly 34-meter interval averaging close to 8 percent graphitic carbon."</p> <h2 style="text-align: center;">Upcoming Catalysts and Development Path</h2> <p>Drilling continues on the remaining two tenements, targeting the balance of the open strike length. SGS Canada has been engaged to prepare a maiden Mineral Resource Estimate expected in the fourth quarter of 2026. A Preliminary Economic Assessment is planned for the first quarter of 2027. Additional work includes mineralogical characterization and bench-scale metallurgical testing to optimize recovery and assess flake-size distribution. [OWNERSHIP_CHART-11215]</p> <h2 style="text-align: center;">Analyst Views and Valuation Context</h2> <p>On January 30, 2026, Jake Sekelsky of Alliance Global issued a Buy rating with a US$42 target price. On April 6, 2026, H.C. Wainwright &amp; Co. also assigned a Buy rating and a US$13.75 price target, citing the company's large-scale land position in Brazil and its positioning amid structural changes in critical minerals supply chains.</p> <h2 style="text-align: center;">Share Structure and Ownership</h2> <p>¹About 30 percent of Atlas Critical Minerals is owned by insiders and management. <a href="https://www.streetwisereports.com/pub/co/11040?utm_medium=feed" target="_blank" rel="noopener">Atlas Lithium Corp. (ATLX:NASDAQ)</a> holds approximately 20 percent. The company has a market capitalization of nearly US$18 million with roughly 5 million shares outstanding. Shares have traded in a 52-week range between US$3.02 and US$14.01.</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>What were the standout drill intercepts?</strong> The highest-grade intervals included 33.78 meters at 7.97 percent Cg, 22.66 meters at 8.27 percent Cg, and 11.00 meters at 8.03 percent Cg.</p> <p><strong>When are the next major milestones?</strong> A maiden resource estimate is scheduled for Q4 2026, followed by a preliminary economic assessment in Q1 2027.</p> <p><strong>Why is the project considered strategically relevant?</strong> Graphite is the dominant anode material in lithium-ion batteries, and policy initiatives are encouraging supply sources outside concentrated producing regions.</p> <p><strong>What is the current ownership profile?</strong> Insiders and management hold about 30 percent, while Atlas Lithium Corp. owns roughly 20 percent, aligning interests with retail shareholders.</p> <p>The initial drilling success at the Minas Gerais project provides concrete evidence of graphite mineralization across the first tenement. With ongoing work on the remaining strike, a clear path to resource definition, and supportive market fundamentals, retail investors have a defined set of milestones to monitor as the company advances its graphite assets.</p> <p>[SMNLINSERT]</p><p>Important Disclosures:</p><ol> <li>Allied Critical Metals Inc. and Atlas Lithium Corp are billboard sponsors 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 Allied Critical Metals Inc. and Atlas Lithium Corp.</li> <li>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31946"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31946" width="0" height="0"> <p>( Companies Mentioned: ATCX;NASDAQ, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/gold-drill-program-begins-at-former-high-grade-producer-backed-by-up-to-us-25m-agreement.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/gold-drill-program-begins-at-former-high-grade-producer-backed-by-up-to-us-25m-agreement.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Galway Metals Inc. (GWM:TSX.V; GAYMF:OTCQB) has begun a 5,000-meter drill program at its Estrades Project in Qubec under the Phase I work program of its agreement with DOWA METALS & MINING.<p><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> announced <a href="https://galwaymetalsinc.com/2026/07/galway-metals-commences-5000-metre-drill-program-at-estrades-funded-by-dowa__trashed-2/" target="_blank" rel="noopener">that two diamond drills have been mobilized and drilling has commenced at its Estrades Project in the northern Abitibi region of western Qu&eacute;bec.</a> The approximately 5,000-meter program is part of the Phase I work program under the Option and Joint Venture Term Sheet with DOWA METALS &amp; MINING CO., LTD., which was announced in January 2026. According to the company, the Estrades Project is a high-grade, gold- and zinc-rich volcanic massive sulphide deposit. Historically, Breakwater Resources Ltd. invested approximately CAD$20 million in developing the deposit, which was mined through a 200-meter-deep ramp during 1990 and 1991. Galway also noted that it released a positive Preliminary Economic Assessment for the project earlier this year.</p> <p data-start="881" data-end="1393">"We have just finished the 3rd drill hole of this campaign, and we are very optimistic about Estrades' prospects moving forward," President and CEO Robert Hinchcliffe said. He added that the drilling program is intended to provide representative material for the next phase of metallurgical work while collecting geological information across the Main, Central and East zones. According to Hinchcliffe, "Together, this work will help us continue evaluating the development pathways identified in the recent PEA."</p> <p data-start="1395" data-end="1974">The Estrades Project consists of a series of gold, zinc, copper, lead and silver-rich massive sulphide lenses located about 95 kilometers north-northeast of La Sarre, Qu&eacute;bec. Breakwater Resources mined the deposit between July 1990 and May 1991, developing a decline to the 190-meter level and a network of ramp-connected levels. Ore from Estrades was shipped approximately 135 kilometers to the Matagami Mill for processing. The company stated that the deposit is presently envisioned as an underground mining operation, with additional regional and local exploration prospects.</p> <p data-start="1976" data-end="2424">The current drilling program is focused on obtaining fresh mineralized material suitable for metallurgical testwork. Drill holes are planned across the Main, Central and East zones to collect samples representing the principal mineralization styles and grade ranges at Estrades. SGS Canada will conduct the metallurgical testing at its Burnaby facility, and the results will be incorporated into Galway and DOWA's ongoing evaluation of the project.</p> <p data-start="2426" data-end="2725">Galway said it has completed 52,281 meters of drilling at Estrades since acquiring the project in 2016. <a href="https://galwaymetalsinc.com/2026/07/galway-metals-commences-5000-metre-drill-program-at-estrades-funded-by-dowa__trashed-2/" target="_blank" rel="noopener">According to the company</a>, the additional drilling is expected to improve local geological confidence and provide information that may support future resource, engineering and development studies.</p> <p data-start="2426" data-end="2725"><a href="https://galwaymetalsinc.com/2026/07/galway-metals-commences-preliminary-economic-assessment-at-clarence-stream-gold-project/" target="_blank" rel="noopener">Separately, Galway Metals announced that it has engaged BBA E&amp;C Inc. to complete a Preliminary Economic Assessment (PEA) for its 100%-owned Clarence Stream gold project in southwestern New Brunswick.</a> According to the company, the study will build on the updated 2026 Mineral Resource Estimate announced on July 13 and will evaluate mining and processing alternatives, infrastructure requirements, capital and operating cost estimates, and engineering trade-off studies.</p> <p data-start="2426" data-end="2725">The PEA will be based on the project's indicated mineral resource of 27.2 million tonnes grading 1.62 grams per tonne gold containing 1.42 million ounces of gold and inferred mineral resource of 28.5 million tonnes grading 1.40 grams per tonne gold containing 1.29 million ounces of gold. The company said it expects the study to be completed during the first quarter of 2027. "The completion of our updated mineral resource estimate marked an important milestone for the Clarence Stream project and provides a strong foundation for advancing the project through a preliminary economic assessment," President and CEO Robert Hinchcliffe said in the company's news release.</p> <div class="" data-turn-id-container="request-WEB:0ba9eb8b-b872-4ea5-8811-e8aa7bd88e04-2" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]: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:0ba9eb8b-b872-4ea5-8811-e8aa7bd88e04-2" data-turn-id-container="request-WEB:0ba9eb8b-b872-4ea5-8811-e8aa7bd88e04-2" data-testid="conversation-turn-6" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-15 [--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" data-conversation-screenshot-content=""> <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+&amp;]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="ef264995-5900-4184-a9d6-ea5fa845b0e9" data-message-model-slug="gpt-5-5" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <h2 style="text-align: center;" data-section-id="1xkzr7e" data-start="0" data-end="15">Commodity Markets Highlight Strength in Gold and Copper</h2> <p data-start="17" data-end="260"><a href="https://www.jmbullion.com/charts/gold-price/" target="_blank" rel="noopener">Gold traded at US$4,069.32 per ounce as of 5:46 a.m. EDT on July 24, according to live spot pricing data.</a> The market data showed gold gaining US$12.44, or 0.31%, on the day, with bid and ask prices of US$4,054.82 and US$4,069.32, respectively.</p> <p data-start="17" data-end="260"><a href="https://www.mining.com/copper-price-nearing-us-record-as-premium-doubles-shanghai-stockpiles-drop-82/?utm_source=Rock+Daily+%7C+RCKS+Master+Audience&amp;utm_campaign=08f8627353-EMAIL_CAMPAIGN_2018_04_10_COPY_01&amp;utm_medium=email&amp;utm_term=0_2d6e7dc0d4-08f8627353-606677560" target="_blank" rel="noopener">Mining.com reported on July 21 </a>that copper prices had reached their highest level in more than a month as signs of a tightening physical market in China strengthened and traders renewed expectations that the United States could impose tariffs on refined copper imports. According to the publication, the premium for spot cathode over Shanghai futures rose to 435 yuan (US$61) per tonne, the highest level since May 2025, while the Yangshan premium climbed to US$103 per tonne, also its highest level since May 2025. Mining.com further reported that deliverable copper inventories tracked by the Shanghai Futures Exchange had fallen 82% since early May, while London Metal Exchange inventories declined 28% over the same period. ING commodities strategist Ewa Manthey told the publication, "Copper is being pulled higher by a tightening Chinese market," adding that "the rally will need continued evidence of physical tightness to extend much further." Mining.com also noted that the London Metal Exchange cash-to-three-month spread had narrowed toward backwardation, describing the move as an indication of tightening near-term copper availability.</p> <p data-start="262" data-end="820"><a href="https://www.cnbc.com/2026/07/22/john-paulson-says-we-are-in-early-stages-of-a-long-term-bull-market-for-gold.html" target="_blank" rel="noopener">CNBC reported on July 22 that investor John Paulson said he believed the gold market remained in the early stages of a longer-term trend</a>. "I do think we're in the beginnings or the early stages of a long-term bull market for gold," Paulson said during an interview on CNBC's <em data-start="537" data-end="551">The Exchange</em>. He also said demand for bullion had continued to broaden, adding that central banks had been increasing their reserves alongside growing private-sector interest. "The demand from central banks, for instance, has continued to grow, as has the private sector," he said.</p> <p data-start="822" data-end="1405" data-is-last-node="" data-is-only-node=""><a href="https://www.kitco.com/news/article/2026-07-23/gold-prices-continue-hold-key-support-ecb-leaves-interest-rates-unchanged" target="_blank" rel="noopener">According to a July 23 report from Kitco News,</a> gold prices continued to hold key long-term support levels after the European Central Bank left interest rates unchanged. The report said the ECB maintained its deposit facility, main refinancing operations and marginal lending facility rates at 2.25%, 2.40% and 2.65%, respectively. In its monetary policy statement, the central bank said, "Uncertainty remains high and the full inflationary impact of the energy shock has yet to play out." </p> <p data-start="822" data-end="1405" data-is-last-node="" data-is-only-node=""> </p> <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="a97i8t" data-start="0" data-end="74">Red Cloud Reviewed Updated Resource Estimate and Reiterated Buy Rating</h2> <p data-start="76" data-end="662">In a July 14 research note, Red Cloud Securities analyst Ron Stewart reviewed Galway Metals' updated Mineral Resource Estimate for the Clarence Stream project and maintained a BUY rating with a CA$2.20 per share target price. Stewart wrote that the updated estimate increased the project's total gold resource to 2.7 million ounces, "up 450Koz or 20% from the 2022 MRE," while "Indicated ounces increased by 54% to 1.42Moz, lifting the Indicated share of the resource to 52% from 41%." He also noted that the estimate incorporated "342 holes over ~70,000m completed since the 2022 MRE."</p> <p data-start="664" data-end="1094">Stewart stated that the average grade declined to 1.62 grams per tonne gold from 2.3 grams per tonne gold because the updated estimate used a long-term gold price of US$3,250 per ounce compared with US$1,650 per ounce in the 2022 estimate. He wrote that this change "more than doubled the Indicated tonnage to 27.2Mt" and added, "With the resource now in hand, the GWM is reviewing proposals to contract a PEA on Clarence Stream."</p> <p data-start="1096" data-end="1627">The report also stated that optimized open-pit shells contained 2.37 million ounces of gold, representing 88% of the total resource, with the remaining 331,000 ounces contained in underground resources. Stewart further noted that contained antimony in the Indicated category had doubled to 19,500 tonnes, while the Inferred antimony resource had increased to 3,100 tonnes. He wrote that metallurgical testing had produced "antimony recoveries of up to ~84% in a flotation concentrate alongside gold extraction rates of 85% to 98%."</p> <p data-start="1629" data-end="2188" data-is-last-node="" data-is-only-node="">Stewart also wrote that "All three deposits remain open," noting that drilling had extended mineralization at the North deposit by approximately 430 meters beyond the previous pit shell and that 12 high-priority geochemical and geophysical targets had been identified across the 65-kilometer trend. He concluded, "We believe a larger, higher-confidence resource, four rigs completing the 40,000m 2026 program, and the move into economic studies should help close the valuation gap," while reiterating Red Cloud's BUY rating and CA$2.20 per share target price.</p> </div> </div> </div> </div> </div> </div> </section> </div> <h2 style="text-align: center;" data-section-id="gx7r7v" data-start="2727" data-end="2777">Project Work Continues Across Multiple Programs</h2> <p data-start="2779" data-end="3265">According to the company, the current Phase I work program includes approximately 5,000 meters of drilling and metallurgical testing under the Option and Joint Venture Term Sheet with DOWA. The program includes drilling across the Main, Central and East zones to collect representative mineralized material for metallurgical testing, with SGS Canada conducting the planned work at its Burnaby facility. Test results will be incorporated into Galway and DOWA's evaluation of the project. [OWNERSHIP_CHART-517]</p> <p data-start="3267" data-end="3726">Galway also outlined several ongoing project initiatives. An environmental baseline study is expected to begin in the second quarter of 2026, alongside continued work on the company's community outreach program. The company stated that work will continue toward upgrading the mineral resource through drilling at depth and testing the lateral extent of the deposit. Metallurgical studies will also continue with the stated goal of increasing metal recoveries.</p> <p data-start="3728" data-end="4177" data-is-last-node="" data-is-only-node=""><a href="https://wp-galwaymetalsinc-2023.s3.ca-central-1.amazonaws.com/media/2026/07/GWM_Corporate_Presentation_July_13_2026.pdf" target="_blank" rel="noopener">The July 2026 corporate presentation</a> further outlined the Phase I work program under the DOWA agreement, stating that it includes exploration drilling, additional metallurgical testwork and baseline studies. The presentation also notes that DOWA may earn up to a 45% participating interest in the project through total contributions of up to US$25 million under a three-phase option and joint venture structure.</p> <h2 style="text-align: center;"><strong>Ownership and Share Structure¹</strong></h2> <p>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 d&eacute;p&ocirc;t et placement du Qu&eacute;bec at 3.33%, and Mackenzie Investments at 3.27%. The remainder of the shares are held by retail investors.</p> <p>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. </p> <h2 class="PDq2pG_selectionAnchorContainer" style="line-height: 1; text-align: center;" data-section-id="1r8frcv" data-start="385" data-end="414"><strong>Frequently Asked Questions</strong></h2> <h3 data-section-id="1sa9zgr" data-start="416" data-end="475"><strong>What is Galway Metals drilling at the Estrades Project?</strong></h3> <p data-start="476" data-end="790">Galway Metals has begun an approximately 5,000-meter diamond drilling program at its Estrades Project in western Qu&eacute;bec. According to the company, the program is designed to obtain fresh mineralized material for metallurgical testing while collecting geological information across the Main, Central and East zones.</p> <h3 data-section-id="8xjsr9" data-start="792" data-end="834"><strong>Where is the Estrades Project located?</strong></h3> <p data-start="835" data-end="964">The Estrades Project is located about 95 kilometers north-northeast of La Sarre in the northern Abitibi region of western Qu&eacute;bec.</p> <h3 data-section-id="lfv71i" data-start="966" data-end="999"><strong>What is the Estrades Project?</strong></h3> <p data-start="1000" data-end="1243">According to Galway Metals, the Estrades Project is a high-grade gold- and zinc-rich volcanic massive sulphide (VMS) deposit containing gold, zinc, copper, lead and silver mineralization. The deposit was previously mined between 1990 and 1991.</p> <h3 data-section-id="150a4zv" data-start="1245" data-end="1300"><strong>Why is Galway Metals conducting this drill program?</strong></h3> <p data-start="1301" data-end="1590">The company said the drilling program is intended to collect representative mineralized material for metallurgical testwork and provide geological information from the Main, Central and East zones. Galway said the results will be incorporated into its ongoing project evaluation with DOWA.</p> <h3 data-section-id="1uu4xh7" data-start="1592" data-end="1638"><strong>Who is funding the Estrades drill program?</strong></h3> <p data-start="1639" data-end="1800">According to Galway Metals, the drilling forms part of the Phase I work program under its Option and Joint Venture Term Sheet with DOWA METALS &amp; MINING CO., LTD.</p> <h3 data-section-id="1y35ugl" data-start="1802" data-end="1861"><strong>What work will be completed during Phase I at Estrades?</strong></h3> <p data-start="1862" data-end="2068">Galway Metals said Phase I includes approximately 5,000 meters of drilling, metallurgical testwork by SGS Canada, environmental baseline studies and ongoing project evaluation under the agreement with DOWA.</p> <h3 data-section-id="19qpemb" data-start="2070" data-end="2132"><strong>How much drilling has Galway Metals completed at Estrades?</strong></h3> <p data-start="2133" data-end="2254">The company said it has completed 52,281 meters of drilling at the Estrades Project since acquiring the property in 2016.</p> <h3 data-section-id="8ugomb" data-start="2256" data-end="2304"><strong>What is DOWA's agreement with Galway Metals?</strong></h3> <p data-start="2305" data-end="2510">According to the company, DOWA may earn up to a 45% participating interest in the Estrades Project through total contributions of up to US$25 million under a three-phase Option and Joint Venture agreement.</p> <h3 data-section-id="123a8k1" data-start="2512" data-end="2590"><strong>Has Galway Metals completed a Preliminary Economic Assessment on Estrades?</strong></h3> <p data-start="2591" data-end="2711">Yes. Galway Metals said it released a positive Preliminary Economic Assessment for the Estrades Project earlier in 2026.</p> <h3 data-section-id="c0jtvv" data-start="2713" data-end="2763"><strong>What metals are found at the Estrades Project?</strong></h3> <p data-start="2764" data-end="2873">According to Galway Metals, the Estrades Project contains gold, zinc, copper, lead and silver mineralization.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31943"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31943" width="0" height="0"> <p>( Companies Mentioned: GWM:TSX.V; GAYMF:OTCQB, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/23/kirkland-lake-discoveries-hits-125-91-g-t-gold-below-resource-more-assays-pending.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/23/kirkland-lake-discoveries-hits-125-91-g-t-gold-below-resource-more-assays-pending.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Kirkland Lake Discoveries Corp. (KLDC:TSXV; KLKLF:OTC) reported eight new drill holes at Mirado, including 125.91 g/t gold below the historical resource and North Zone expansion.<p>Gold investors are taking note of <strong><span class="for_co_card_11443">Kirkland Lake Discoveries Corp.'s (KLDC:TSXV; KLKLF:OTC)</span></strong> <a href="https://www.stockwatch.com/News/Item/U-306177-U!KLKLF-20260723/U/KLKLF" target="_blank" rel="noopener">newest assay results</a>.</p> <h2 style="text-align: center;">Key Takeaways</h2> <ul> <li>Kirkland Lake Discoveries reported assays from eight new holes at its Mirado Gold Project, expanding mineralization near-surface, below the historical resource, and along the North Zone.</li> <li>KLM26-019 returned 0.50 g/t Au (gold) over 91.0 m, expanding the South Zone footprint roughly 130 meters (m) northwest.</li> <li>KLM26-017 intersected 18.99 g/t Au over 6.7 m, including a high-grade 125.91 g/t Au over 1.0 m, confirming mineralization below the historical resource.</li> <li>KLM26-013 extended the North Zone by about 85 meters, returning 0.98 g/t Au over 35.0 m, including 12.20 g/t Au over 1.0 m.</li> <li>The company's first regional hole at the MZ Zone, 500 m west of Mirado, intersected strong hydrothermal alteration and sulphide mineralization, though assays remain pending.</li> <li>KLDC secured a regional drilling permit covering all of KL South, with 16 additional holes still awaiting assay results as drilling continues.</li> </ul> <h2 style="text-align: center;">Project Showing Strong Alteration</h2> <p>On July 23, 2026, Kirkland Lake Discoveries reported <a href="https://www.stockwatch.com/News/Item/Z-C!KLDC-3843693/C/KLDC" target="_blank" rel="noopener">assay results</a> from eight drill holes at its Mirado Gold project. These results include areas of broad near-surface mineralization, high-grade gold below the historical resource, and an extension of the North zone. In other news, the company has also completed its first regional test at the MZ zone, which is located 500 meters west of Mirado. At that property, drilling intersected intense hydrothermal alteration and sulphide mineralization. Finally, KLDC has received a regional drilling permit for the entirety of its KL South project.</p> <p>"Today's results are important as they demonstrate growth in three dimensions at KL South," said Stefan Sklepowicz, CEO of KLDC, in the press release. "KLM26-019 materially expands the broad near-surface mineralized footprint, KLM26-017 confirms high-grade structures below the historical resource, and KLM26-013 extends the North Zone. Just as importantly, the alteration and sulphide mineralization encountered in our first regional hole at the MZ Zone provides an early indication that the prospective hydrothermal corridor may extend well beyond the historical deposit footprint. With a regional permit in hand and 16 holes awaiting assays, we have multiple opportunities to make new discoveries and continue expanding the system."</p> <p>The press release noted that holes "KLM26-012, KLM26-015, KLM26-016, and KLM26-019 intersected broad, lower-grade gold-bearing envelopes containing localized higher-grade intervals, consistent with structurally prepared, intensely silicified rock that was subsequently fractured and mineralized. Highlights include 0.50 g/t Au over 91.0 m in KLM26-019, including 1.13 g/t Au over 23.8 m and 10.94 g/t Au over 0.8 m, as well as 1.33 g/t Au over 5.5 m and 0.77 g/t Au over 18.0 m in KLM26-015. KLM26-016 returned 0.35 g/t Au over 28.0 m, including 3.16 g/t Au over 1.0 m, while KLM26-012 intersected several additional near-surface mineralized intervals."</p> <p>In the South zone, holes KLM26-017 and KLM26-018 extended the tested mineralized system vertically, with the former intersecting 18.99 g/t Au over 6.7 m, including 125.91 g/t Au over 1.0 m. In the North zone, hole KLM26-013 stepped out 85 m west from the current drilling pattern and intersected 0.98 g/t Au over 35.0 m, including 12.20 g/t Au over 1.0 m, followed by 0.61 g/t Au over 23.0 m.</p> <p>Initial MZ drilling delivered results, as well. According to KLDC, "At the MZ zone, approximately 500 m west of the historical Mirado deposit, KLM26-035 intersected a broad hydrothermal system characterized by intense chlorite, silica, and epidote alteration with disseminated and fracture-filled pyrite mineralization (<em>see Figure 3</em>). The alteration assemblage, sulphide distribution, and quartz-carbonate vein textures are visually comparable to those associated with the broad mineralized intervals in KLM26-001, which returned 5.66 g/t Au over 18.2 m, including 23.03 g/t Au over 4.3 m, and in KLM26-002, which returned 1.01 g/t Au over 121 m."</p> <p>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.</p> <h2 style="text-align: center;">Gold Still Up 24% Year-Over-Year Despite Inflation Concerns</h2> <p>Junior miners and exploration companies hit the ground running this year after gold rallied at a high of US$5,500 per ounce in January. Many companies chose to begin exploration or production amid these highs. While prices have since fallen, and even dipped below US$4,000 in June, rates are still up <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-prices-today-monday-july-121321784.html" target="_blank" rel="noopener">24%</a> compared to July 2025, and <a href="https://www.gold.org/goldhub/research/gold-mid-year-outlook-2026" target="_blank" rel="noopener">Gold.org</a> wrote that: "[T]he stage is set for a possible breakout. On the upside, clear catalysts &mdash; a worsening economy or renewed geopolitical shock, a shift towards lower interest-rate expectations, or a wave of dip buying &mdash; could reignite gold's momentum and lift it back towards US$4,500/oz or above."</p> <p>Gold prices dropped on July 23, 2026, though after 12 nights of U.S. strikes on Iran had raised the cost of Brent crude oil prices, and spiked fears of inflation. According to <a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener">Trading Economics</a>, "Higher oil prices have reinforced inflation concerns, leading investors to expect the Fed to keep monetary policy tighter for longer, a backdrop that typically weighs on non-yielding assets such as gold. Money markets are currently pricing in roughly a 78% probability of a Fed rate hike in September." At the time of writing, spot gold was trading at <a href="https://www.kitco.com/charts/gold" target="_blank" rel="noopener">US$4,050.10</a> per ounce.</p> <p>In April, <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/04/copper-gold-market-outlook-2026-prices-supply-mining-costs" target="_blank" rel="noopener">S&amp;P Global wrote</a>, "Gold is expected to remain volatile but structurally supported, with central bank demand and geopolitical risk helping to establish a price floor above recent correction lows."</p> <p>Despite the volatility of gold, the metals sector as a whole is only showing signs of improvement. On May 7, 2026, <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of <em>Recycling Today </em>said</a> that the World Bank Group has predicted that overall global metals prices will rise by 17% in 2026, which would mark the first overall market increase since 2022.</p> <h2 style="text-align: center;">Moriarty Notes 300% April Rally</h2> <p>On July 23, 2026, Bob Moriarty of <a href="http://www.321gold.com/" target="_blank" rel="noopener">321gold.com</a> commented on the company, saying: "Kirkland Lake Discoveries continues to release outstanding over 100-gram/meter holes at their 42,000-ha Mirado Gold project in Ontario. The shares rocketed higher by 300% in April and have since corrected by 50% in preparation for another march higher."</p> <h2 style="text-align: center;">KL West Drilling Totals 17,000 Meters</h2> <p>The company's <a href="https://www.kirklandlakediscoveries.com/_files/ugd/a84855_bd64c907fa964758a1b99953576717c2.pdf" target="_blank" rel="noopener">investor presentation</a> lists catalysts, including:</p> <ul> <li>An active 8,000-meter drilling program at KL South, with more assays pending</li> <li>17,000 meters of drilling completed at KL West, with more assays pending</li> </ul> <p>The company maintains that it is well capitalized and efficient, as well as positioned to rapidly close the valuation gap with assays pending and a robust treasury.</p> <h2 style="text-align: center;">Ownership &amp; Share Information¹</h2> <p>Kirkland Lake Discoveries Corp. has a market cap of CA$58.60 million, with 205.63 million shares outstanding. The company's 52-week range is CA$0.07-CA$0.67. Strategic Investors own 39.73% of shares, while Management &amp; Insiders own 0.26% of shares. The remaining 60.01% of shares are held by Retail. [OWNERSHIP_CHART-11443]</p> <h2 style="text-align: center;">Frequently Asked Questions</h2> <p><strong>Q: What is a gold assay?</strong></p> <p>A: A gold assay is a laboratory test that measures how much gold is contained in a rock sample collected during drilling. Assay results help mining companies determine the grade, size, and potential value of a mineral deposit.</p> <p><strong>Q: What does "g/t Au" mean?</strong></p> <p>A: "g/t Au" stands for <strong>grams of gold per tonne of rock</strong>. It is the standard unit used to report gold grades in mining. Generally, higher grades indicate a greater concentration of gold, although the economic value also depends on factors such as deposit size, mining costs, and recovery rates.</p> <p><strong>Q: Why is extending a mineralized zone important?</strong></p> <p>A: When drilling extends a mineralized zone beyond previously known boundaries, it suggests the deposit may be larger than originally estimated. Additional drilling is needed to confirm the extent of the mineralization and determine whether it can be included in a future resource estimate.</p> <p><strong>Q: What is hydrothermal alteration?</strong></p> <p>A: Hydrothermal alteration is the chemical change of rocks caused by hot, mineral-rich fluids moving through the Earth's crust. It is an important exploration indicator because these fluids can also transport and deposit gold and other valuable metals.</p> <p><strong>Q: What are sulphide minerals?</strong></p> <p>A: Sulphide minerals are naturally occurring minerals that contain sulfur combined with metals such as iron, copper, lead, or zinc. Minerals like pyrite are commonly associated with gold deposits and can help geologists identify areas that may contain valuable mineralization.</p> <p>[SMNLINSERT]</p><p>Important Disclosures:</p><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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31942"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31942" width="0" height="0"> <p>( Companies Mentioned: KLDC:TSXV;KLKLF:OTC, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/24/gold-explorer-centenario-gains-cse-listing-to-broaden-retail-access.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/24/gold-explorer-centenario-gains-cse-listing-to-broaden-retail-access.html?utm_medium=feed">Streetwise Reports 07/24/2026</a></b> </p> Centenario Gold Corp. secures final CSE approval for its CTG shares, opening doors for investors seeking exposure to Mexico and Canada gold exploration amid supportive metal prices.<p>The gold exploration sector continues to draw attention from retail investors as prices hold structurally above recent lows despite short-term volatility. <span id="link_copy_10929"><a href="https://www.streetwisereports.com/pub/co/10929?utm_medium=feed" target="_blank" rel="noopener">Centenario Gold Corp. (CTG:TSX.V)</a></span> has positioned itself to benefit from this environment through its dual focus on Canadian and Mexican assets and a commitment to sustainable practices that involve local governments and communities.</p> <h2 style="text-align: center;">Market Opportunity Sets Stage for Junior Miners</h2> <p>Gold prices have shown resilience in 2026, trading well above levels from the prior year even after corrections. This backdrop supports ongoing work by early-stage companies seeking to advance projects during periods of elevated metal values. Centenario Gold Corp. stands out because its upcoming exchange transition aligns with broader sector momentum and provides a fresh avenue for investor participation.</p> <h2 style="text-align: center;">Why Centenario Gold Corp. Stands Out Right Now</h2> <p>The company received <a href="https://www.stockwatch.com/News/Item/Z-C!CTG-3843594/C/CTG" target="_blank" rel="noopener">final approval</a> to list its shares on the Canadian Securities Exchange. Trading under the existing symbol CTG begins at market open on July 27, 2026, following delisting from the TSX Venture Exchange after close on July 24, 2026. No action is required from existing shareholders. This move targets improved visibility among growth-oriented investors while the underlying exploration assets remain unchanged.</p> <h2 style="text-align: center;">Unique Business Model and Exploration Advantage</h2> <p>Centenario Gold Corp. operates as a Canadian mineral exploration company with projects in both Canada and Mexico. Its approach emphasizes sustainable exploration through collaboration with local stakeholders and draws on an experienced development team. This combination helps manage operational risks while advancing targets in prospective regions.</p> <h2 style="text-align: center;">Key Assets and Catalysts Driving the Story</h2> <p>Exploration plans center on four untested electromagnetic anomalies that require drill testing and trenching. Additional near-surface step-out drilling is scheduled north of the Cabot prospect to help outline a potential Phase 1 pit-constrained resource. Further sampling continues, with results released as they become available. According to the <a href="https://centenariogold.com/site/assets/files/7145/centenario_deck_february_2026.pdf" target="_blank" rel="noopener">company presentation</a>, these steps represent the immediate focus for resource definition.</p> <h2 style="text-align: center;">Industry Timing and Broader Trends</h2> <p>Gold has remained volatile yet supported by central bank buying and geopolitical factors. <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/04/copper-gold-market-outlook-2026-prices-supply-mining-costs" target="_blank" rel="noopener">S&amp;P Global wrote</a> that prices are expected to stay structurally supported above recent lows. Broader metals markets are forecast to rise, with the World Bank Group projecting a 17% increase in global metals prices for 2026, marking the first overall gain since 2022, according to <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of <em>Recycling Today</em></a>. Spot gold recently traded near <a href="https://www.kitco.com/charts/gold" target="_blank" rel="noopener">US$4,050.10</a> per ounce amid shifting rate expectations noted by <a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener">Trading Economics</a>.</p> <h2 style="text-align: center;">Technical Analyst Views and Valuation Context</h2> <p>¹Technical Analyst <a href="https://www.streetwisereports.com/article/2026/05/06/copper-gold-explorer-gets-funding-begins-phase-1-work-in-mexico-technician-highlights-bullish-charts.html?utm_medium=feed" target="_blank" rel="noopener">Stewart Thomson wrote about Centenario</a>, highlighting a possible uptrend, noting bullish moving-average crosses, rising volume, and on-balance volume strength. The rating at the time was Speculative Buy, with a short-term target of CA$0.60 and a medium-term target of CA$1.30.</p> <h2 style="text-align: center;">Share Structure and Upcoming Events</h2> <p>Centenario Gold Corp. carries a market capitalization of CA$2.13 million based on 19.33 million shares outstanding. The 52-week trading range spans CA$0.10 to CA$0.47. [OWNERSHIP_CHART-10929]</p> <p>²Insiders and management hold 5.69% of shares, while retail investors account for 94.31%. The CSE listing, effective July 27, 2026, represents the next milestone.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Centenario Gold Corp. is transitioning its listing to the CSE under the symbol CTG to potentially improve access for retail investors.</li> <li>Exploration work targets four untested EM anomalies plus step-out drilling at the Cabot prospect in Mexico.</li> <li>Gold prices remain elevated compared with the prior year, providing a supportive backdrop for junior explorers despite short-term volatility.</li> <li>Technical Analyst commentary has pointed to technical strength and assigned a Speculative Buy rating with defined price targets.</li> <li>Share structure shows modest market cap and high retail ownership, typical of early-stage resource companies.</li> <li>Shareholders do not need to take action during the exchange transition.</li> </ul> <h2 style="text-align: center;">Common Questions from Investors</h2> <p><strong>Q: What is the difference between TSX Venture and CSE listings?</strong></p> <p>A: The TSX Venture Exchange focuses on early-stage companies with specific listing requirements, while the CSE targets emerging growth companies and often features streamlined processes suited to junior explorers.</p> <p><strong>Q: How does a listing change affect share ownership?</strong></p> <p>A: Ownership remains identical; shares simply begin trading on the new exchange under the same symbol with no need for shareholders to exchange certificates or take other steps.</p> <p><strong>Q: What are electromagnetic anomalies in mineral exploration?</strong></p> <p>A: Electromagnetic anomalies are geophysical signatures that may indicate conductive materials such as sulphide minerals associated with gold or base-metal deposits, guiding targeted drilling.</p> <p><strong>Q: Why do gold prices influence junior mining stocks?</strong></p> <p>A: Higher gold prices can improve project economics and attract funding for exploration, while lower prices may delay work; juniors often show amplified price moves relative to the metal itself.</p> <p><strong>Q: What does a pit-constrained resource mean?</strong></p> <p>A: A pit-constrained resource estimates mineral material that could potentially be extracted using open-pit mining methods, incorporating economic and technical parameters to define a realistic shape.</p> <p>The CSE listing provides Centenario Gold Corp. with a platform to advance its exploration program while the gold sector maintains underlying support from macroeconomic factors.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Centenario 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 Centenario Gold Corp. </li> <li>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Disclosure for the quote from the Stewart Thomson article published on May 12, 2026</strong></p> <ol> <li>For the quoted article (published on May 12, 2026), Centenario Gold Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.</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> </ol> <p><strong>2. Ownership and Share Structure Information</strong></p> <p>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.</p> <p> </p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31941"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31941" width="0" height="0"> <p>( Companies Mentioned: CTG:CSE, )</p> Fri, 24 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/23/golden-triangle-copper-gold-explorer-draws-barrick-strategic-stake.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/23/golden-triangle-copper-gold-explorer-draws-barrick-strategic-stake.html?utm_medium=feed">Streetwise Reports 07/23/2026</a></b> </p> Kingfisher Metals secures major Barrick investment for its HWY 37 copper-gold project in British Columbia's Golden Triangle, strengthening its exploration runway through 2027.<p>Retail investors tracking copper and gold opportunities in Canada are taking note of <strong><span class="for_co_card_10275">Kingfisher Metals Corp. (KFR:TSX.V: KGFMF:OTCQB; 970:FSE)</span></strong> after the company announced a strategic financing from a major industry player. The transaction highlights growing interest in British Columbia's Golden Triangle, a region known for high-grade copper-gold deposits and established mining infrastructure.</p> <h2 style="text-align: center;">Market Opportunity in Copper and Gold</h2> <p>Copper prices have recently climbed to multi-month highs amid tightening physical supply in China and renewed expectations of potential U.S. tariffs on refined imports. <a href="https://www.mining.com/copper-price-nearing-us-record-as-premium-doubles-shanghai-stockpiles-drop-82/" target="_blank" rel="noopener">A July 21 report from <em data-start="72" data-end="84">Mining.com</em> stated that copper prices had climbed to their highest level in more than a month as signs of tightening physical supply in China increased and traders renewed expectations that Washington could impose a tariff on refined copper imports.</a> Meanwhile, gold continues to attract attention as a long-term hedge against currency concerns, with hedge fund manager John Paulson recently highlighting a bull market driven by central bank buying and private sector demand for safe-haven assets. <a href="https://www.gurufocus.com/news/8973348/gold-bull-market-paulson-sees-longterm-upside-for-novagold-ng" target="_blank" rel="noopener">According to a July 22 article published by <em data-start="1136" data-end="1147">GuruFocus</em>, hedge fund manager John Paulson said he believed "gold is entering a long-term bull market."</a></p> <h2 style="text-align: center;">Why Kingfisher Stands Out Now</h2> <p>Against this backdrop, <a href="https://kingfishermetals.com/kingfisher-announces-strategic-investment-from-barrick/" target="_blank" rel="noopener">Kingfisher announced that it had entered into an agreement with <strong>Barrick Mining Corp. (ABX:TSX; B:NYSE)</strong> under which Barrick will purchase 15,470,934 units of Kingfisher in a non-brokered private placement priced at CA$1.35 per unit for gross proceeds of CA$20,885,761.</a> This represents a notable endorsement. A non-brokered private placement is a direct share sale to an investor without using an underwriter, allowing the company to raise capital efficiently while giving the buyer a meaningful stake.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Barrick's CA$20.9 million investment provides Kingfisher with a substantial cash position of approximately CA$47 million after closing.</li> <li>At least 80 percent of the proceeds must be directed to the HWY 37 copper-gold project in British Columbia's Golden Triangle.</li> <li>Barrick will hold roughly 9.9 percent of shares on a non-diluted basis and gain participation rights to maintain its ownership level.</li> <li>A 15,000-meter drill program is planned for mid-2026 alongside regional geophysical surveys.</li> <li>The company benefits from both copper supply tightness and sustained gold demand trends.</li> </ul> <h2 style="text-align: center;">Unique Advantages and Project Assets</h2> <p>Kingfisher's flagship asset is the HWY 37 Project, a copper-gold exploration property located in the Golden Triangle region of British Columbia. The Golden Triangle is a well-known mining district with a history of significant discoveries and supportive infrastructure. The company also holds the nearby Forrest Kerr Project, together forming a substantial land package. <a href="https://kingfishermetals.com/kingfisher-announces-strategic-investment-from-barrick/" target="_blank" rel="noopener">President, CEO, and Director Dustin Perry said</a> the financing validates the company's technical work following extensive due diligence by Barrick.</p> <h2 style="text-align: center;">Industry Timing and Exploration Catalysts</h2> <p><a href="https://farmonaut.com/mining/best-gold-copper-mining-stocks-to-buy-top-2026-picks" target="_blank" rel="noopener">A recent industry overview from <em data-start="1709" data-end="1720">Farmonaut</em> stated that gold and copper mining underpinned infrastructure, energy transitions, soil health, and rural communities.</a> Kingfisher's planned 2026 program includes a 15,000-meter drill campaign at HWY 37 starting in mid-June, plus regional work using induced polarization, MobileMT, magnetic, LiDAR, geological, and geochemical surveys across both projects. <a href="https://kingfishermetals.com/wp-content/uploads/2026/05/KFR_MAY_2026-1.pdf" target="_blank" rel="noopener">According to the company's May 2026 investor presentation</a>, these efforts aim to advance the Hank Porphyry discovery and test additional targets.</p> <h2 style="text-align: center;"> Views, Valuation, and Share Structure</h2> <p><a href="https://robertsinn.substack.com/p/barrick-bets-big-on-kingfisher" target="_blank" rel="noopener">According to a July 21 report</a> from Robert Sinn, Barrick Mining's CA$20.9 million strategic investment represented a significant financing event for Kingfisher Metals. Sinn wrote that "The Barrick cash infusion gives KFR sufficient capital runway through the end of 2027, and potentially beyond."</p> <p>¹Management and insiders currently hold 8.34 percent, while institutions own 9.51 percent. The company has a market capitalization of CA$27.94 million, 140.8 million shares outstanding, and has traded between CA$0.22 and CA$1.45 over the past year. [OWNERSHIP_CHART-10275]</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <h3>What percentage will Barrick own after the placement?</h3> <p>Barrick is expected to own approximately 9.9 percent on a non-diluted basis and 14.1 percent on a partially diluted basis if all warrants are exercised.</p> <h3>When is the financing expected to close?</h3> <p>The private placement is expected to close on or before July 27, 2026, subject to TSX Venture Exchange approval and other customary conditions.</p> <h3>How will the proceeds be used?</h3> <p>At least 80 percent of the funds are allocated to exploration and development at the HWY 37 Project, with the balance for general working capital.</p> <p>Kingfisher Metals offers retail investors exposure to a well-funded copper-gold explorer in a premier Canadian district, backed by a major producer and positioned for an active 2026 drill season. Investors should review the company's filings and consider the risks inherent in early-stage mineral exploration before making decisions.</p> <p>[SMNLINSERT]</p><p>Important Disclosures:</p><ol> <li>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31940"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31940" width="0" height="0"> <p>( Companies Mentioned: KFR:TSX.V: KGFMF:OTCQB; 970:FSE, )</p> Thu, 23 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/23/suriname-gold-explorer-hits-101-5-g-t-at-lawatino-project.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/23/suriname-gold-explorer-hits-101-5-g-t-at-lawatino-project.html?utm_medium=feed">Streetwise Reports 07/23/2026</a></b> </p> Sranan Gold reports high-grade gold assays up to 101.5 g/t from Lawatino in Suriname. Discover the latest exploration results and what they mean for investors.<p>Gold prices continue to attract attention from retail investors seeking exposure to a proven store of value amid geopolitical and economic uncertainty. <a href="https://www.jmbullion.com/charts/gold-price/?wickedsource=google&amp;wickedid=CjwKCAjwvNfSBhBiEiwAyaGMCX0QPLJxIy2XJOkrEXXAEqwUAibYNQcTd7-6mKkW12PN-7LYTv3S9xoC1eEQAvD_BwE&amp;w_adid=504629082704&amp;w_campaignid=173655985&amp;gad_source=1&amp;gad_campaignid=173655985&amp;gbraid=0AAAAADwTUk8cxLoCiUMcVdjDopRg-2ea8&amp;gclid=CjwKCAjwvNfSBhBiEiwAyaGMCX0QPLJxIy2XJOkrEXXAEqwUAibYNQcTd7-6mKkW12PN-7LYTv3S9xoC1eEQAvD_BwE" target="_blank" rel="noopener">Gold traded at a spot ask price of US$4,036.34 per ounce as of 6:28 a.m. EDT on July 20. </a> In this environment, junior explorers with early high-grade results can offer leveraged upside when projects advance.</p> <p><span id="link_copy_11608"><a href="https://www.streetwisereports.com/pub/co/11608?utm_medium=feed" target="_blank" rel="noopener">Sranan Gold Corp. (SRAN:CSE; SRANF:OTCQB; P84:FSE)</a></span> has emerged with compelling new data from its Lawatino property. The company recently released the first batch of assays from its Phase I reconnaissance program, including a standout result of 101.5 grams per tonne gold from a mineralized quartz vein. Eleven of the 43 samples exceeded 1 g/t gold, confirming two distinct zones of mineralization. These results position Sranan Gold as an early-stage player worth monitoring in the Suriname gold sector.</p> <h2 style="text-align: center;">Why Sranan Gold Stands Out Among Peers</h2> <p>The Lawatino concession lies adjacent to Founders Metals Antino Gold Project and shares the same Central Guiana Shear Zone structural corridor that controls mineralization at both Antino and Miata Metals Sela Creek Project. A recently completed fracture density model highlights zones of structural complexity along this trend, defining high-priority targets with similar geophysical signatures to those driving neighbor discoveries. This geological setting gives Sranan Gold a meaningful exploration advantage without the need for greenfield concept testing.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>High-grade gold confirmed: 101.5 g/t gold in one of 11 samples above 1 g/t from initial reconnaissance at Lawatino.</li> <li>Strategic location: Property sits next to established projects along the Central Guiana Shear Zone, reinforced by fracture density modeling.</li> <li>Active work program: Trenching underway between the 101 and Bodoe zones with excavator mobilization planned to expose mineralization.</li> <li>Second asset advancing: Tapanahony Gold Project has delivered over 800 meters of continuous mineralization with additional drilling completed and assays pending.</li> <li>Community integration: Local workforce and infrastructure support operations across roughly 47,000 hectares of the combined land package.</li> <li>Modest valuation: Market capitalization near CA$7.25 million with management and insiders holding 12.57 percent.</li> </ul> <h2 style="text-align: center;">Unique Business Model and Regional Advantage</h2> <p>Sranan Gold focuses on systematic early-stage exploration in Suriname, a jurisdiction with a long history of gold production and established mining infrastructure. The company collects samples using digital recording via the Bedrock application and sends them to the Filab preparation facility in Paramaribo, a Bureau Veritas certified laboratory operating under ISO 9001:2015 standards and independent of Sranan Gold. Assays use a 50-gram fire assay with Atomic Absorption finish, with gravimetric re-assays for samples over 2 g/t or containing visible gold. No data quality issues were flagged in the QA/QC program.</p> <h2 style="text-align: center;">Key Assets and Immediate Catalysts</h2> <p>Initial sampling at Lawatino targeted accessible areas of historical artisanal mining in the 101 and Bodoe zones, located about 1.5 kilometers apart along a northwest-southeast trend. Four additional samples returned between 0.17 g/t and 0.24 g/t gold. The area between the zones remains unsampled and represents a clear near-term exploration target. <a href="https://sranangold.com/news/sranan-golds-lawatino-reconnaissance-sampling-program-returns-grab-sample-assays-of-up-to-101-5-g-t-gold/" target="_blank" rel="noopener">Oscar Louzada, chief executive officer of Sranan Gold, said in a company news release:</a> In less than a month after mobilizing our geological team, initial sampling has identified two showings of high-grade gold mineralization supporting our view that the Lawatino property has the potential to host significant gold mineralization.</p> <p>Management has already completed the first trench between the 101 and Bodoe zones, with samples expected at the lab shortly. An excavator is scheduled for mobilization in the coming weeks to expose the extent of mineralization and cut regularly spaced trenches along the 1.5-kilometer trend. <a href="https://sranangold.com/investors/" target="_blank" rel="noopener">Sranan said an excavator is expected to be mobilized to the Lawatino property over the next few weeks to expose the extent of gold mineralization at the 101 and Bodoe zones and to cut regularly spaced trenches along the approximately 1.5-kilometer trend between the two zones</a>. Updates are anticipated roughly every four weeks.</p> <p>At the larger Tapanahony Gold Project, drilling continues at Randy's Pit and Poeketi Pit areas. More than 800 meters of continuous mineralization has been identified on one side of the river, with groundwork underway on the opposite side. A second drill rig has been mobilized to Poeketi after 4,189 meters of diamond drilling in 2025. Five holes south of Poeketi Pit and additional holes at Randy's Pit have assays pending. Reconnaissance techniques are being applied farther from known areas to de-risk additional targets across the roughly 47,000-hectare combined land package.</p> <h2 style="text-align: center;">Industry Timing and Gold Market Context</h2> <p><a href="https://www.reuters.com/world/india/gold-slips-oil-prices-advance-fed-rate-hike-voices-grow-2026-07-20/" target="_blank" rel="noopener">Reuters reported on July 20 that gold prices remained steady as market participants assessed developments in the U.S.-Iran conflict</a><span style="box-sizing: border-box; margin: 0px; padding: 0px;"><a href="https://www.reuters.com/world/india/gold-slips-oil-prices-advance-fed-rate-hike-voices-grow-2026-07-20/" target="_blank" rel="noopener"> </a></span>alongside signals from U.S. Federal Reserve policymakers. Spot gold held near US$4,018.75 per ounce while futures for August delivery gained modestly. Elevated oil prices have raised inflation concerns and increased the probability that traders assign to a December rate hike. <a href="https://www.kitco.com/news/article/2026-07-17/markets-will-find-out-next-week-how-firm-4000-floor-gold" target="_blank" rel="noopener">Kitco News wrote on July 17 that gold ended the week lower while attempting to hold support at US$4,000 per ounce,</a> with analysts noting that geopolitical tensions and central bank buying remain important structural supports.</p> <h2 style="text-align: center;">Share Structure and Upcoming Events</h2> <p>¹Management and insiders own 12.57 percent of Sranan Gold. Strategic entities hold 5.67 percent, and institutions own 9.94 percent, with the balance held by retail investors. The company has approximately 65.89 million shares outstanding and a market capitalization of roughly CA$7.25 million. The 52-week trading range has spanned CA$0.105 to CA$0.66. [OWNERSHIP_CHART-11608]</p> <h2 style="text-align: center;">Common Questions from Investors</h2> <h3>What were the top gold assay results from the Lawatino program?</h3> <p>The first batch of 43 samples included one mineralized quartz vein grading 101.5 g/t gold and 11 samples above 1 g/t gold.</p> <h3>Where are the 101 and Bodoe zones located?</h3> <p>The zones lie approximately 1.5 kilometers apart along a northwest-southeast structural trend on the Lawatino property in Suriname.</p> <h3>What exploration work is planned next at Lawatino?</h3> <p>An excavator will be mobilized to expose mineralization and cut regularly spaced trenches along the 1.5-kilometer trend between the two zones.</p> <h3>How does the company ensure sample quality?</h3> <p>Samples are recorded digitally, processed at the independent Filab laboratory, and subjected to standard fire assay methods with QA/QC oversight that identified no issues.</p> <p>Sranan Gold continues to advance two substantial gold projects in Suriname at a time when gold prices remain elevated. The combination of early high-grade results, favorable structural geology, and an active trenching and drilling program provides retail investors with a clear set of milestones to follow in the months ahead.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Sranan 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 Sranan Gold Corp.</li> <li>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31938"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31938" width="0" height="0"> <p>( Companies Mentioned: SRAN:CSE; SRANF:OTCQB; P84:FSE, )</p> Thu, 23 Jul 2026 00:00:00 PST https://www.streetwisereports.com/article/2026/07/23/newfoundland-gold-explorer-reports-orogenic-signs-at-scurvy-fault.html <p class="articleSource"> <b>Source: <a href="https://www.streetwisereports.com/article/2026/07/23/newfoundland-gold-explorer-reports-orogenic-signs-at-scurvy-fault.html?utm_medium=feed">Streetwise Reports 07/23/2026</a></b> </p> Pirate Gold Corp advances its Treasure Island project in Newfoundland with new visual results from the Scurvy Fault showing orogenic gold potential just 1.5 km from the Moby Dick copper-gold discovery.<p>Retail investors tracking gold, silver, and copper opportunities are turning attention to exploration activity across Newfoundland, where structural geology and recent drill results are drawing comparisons to established belts. <strong><span class="for_co_card_11576">Pirate Gold Corp. (YARR.TSX.V)</span></strong> is advancing its 100%-owned Treasure Island project along the Valentine Lake Fault Zone in Central Newfoundland, Canada.</p> <h2 style="text-align: center;">Market Opportunity in Precious and Base Metals</h2> <p>Gold prices have shown resilience despite volatility, remaining up substantially from levels seen a year earlier. Silver demand continues to benefit from growth in electric vehicles, solar installations, and data centers, while copper faces structural support from AI infrastructure, defense spending, and clean energy projects. These trends create a favorable backdrop for junior explorers with assets that host multiple metal systems.</p> <h2 style="text-align: center;">Why Pirate Gold Stands Out</h2> <p>The company is testing both copper-gold porphyry and orogenic gold targets within the same large land package. On July 22, 2026, Pirate Gold reported <a href="https://www.pirategold.ca/news/pirate-gold-discovers-evidence-of-orogenic-gold-at-scurvy-fault-15-km-south-of-moby-dick-copper-gold-porphyryepithermal-zone-and-reports-initial-visual-observations-from-13-drill-holes" target="_blank" rel="noopener">initial visual observations</a> from 13 holes at the Scurvy Fault, located 1.5 km south of the Moby Dick discovery. The holes tested roughly 200 meters of strike and intersected broad deformation zones to depths of 185 meters, with multi-meter quartz veins containing pyrite and arsenopyrite.</p> <h2 style="text-align: center;">Key Assets and Catalysts at Crippleback</h2> <p>The Scurvy Fault was first identified in 2024 when a single hole returned 1.0 g/t Au, 34.0 g/t Ag, and 0.23% Cu over 0.75 meters. Quartz veining appears in both volcanic sequences and graphitic sediments, with pyrite, localized boulangerite, and chalcopyrite noted. These features are consistent with orogenic gold systems found along secondary structures. The company also holds over 100 km of untested secondary faults across the Crippleback area.</p> <p>Greg Matheson, VP of Exploration, noted the similarity of the Valentine Lake Fault to major structures in the Abitibi Greenstone Belt. CEO Denis Laviolette emphasized that Crippleback has potential for multiple deposits rather than a single discovery story. In addition, Pirate Gold is entering agreements with Paradigm Minerals, <span data-olk-copy-source="MessageBody">85431 </span>Newfoundland &amp; Labrador Inc., <span data-olk-copy-source="MessageBody">85893 Newfoundland &amp; Labrador Inc., </span>and Nidon Enterprises, Ltd. to acquire seven mineral licenses, plus one license from Catapult Minerals.</p> <h2 style="text-align: center;">Industry Timing and Trends</h2> <p>Gold has remained structurally supported by central bank buying and geopolitical factors. Silver is seeing renewed interest from industrial demand. Copper inventories have risen, yet long-term forecasts point to higher consumption in strategic sectors. These conditions favor companies with early-stage projects that can demonstrate scale across multiple commodities.</p> <h2 style="text-align: center;"> Views and Project Momentum</h2> <p>Market commentator Bob Moriarty highlighted earlier high-grade gold results at the project and described recent copper-gold assays at Moby Dick as indicative of district-scale potential. The company currently operates three diamond drill rigs as part of a 50,000-meter program focused on expanding the Moby Dick zone. A fourth barge-mounted rig is expected in early Q3 2026 to test areas beneath Crippleback Lake. An active surface program with 12 geologists and prospectors is also underway.</p> <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Visual results from 13 holes confirm deformation zones and quartz veining at the Scurvy Fault, consistent with orogenic gold systems.</li> <li>The target lies only 1.5 km from the Moby Dick copper-gold discovery, illustrating potential for multiple mineral systems on one property.</li> <li>More than 100 km of untested secondary faults remain within the Crippleback area along the Valentine Lake Fault Zone.</li> <li>A fourth drill rig scheduled for Q3 2026 will allow testing beneath Crippleback Lake to expand the Moby Dick footprint.</li> <li>Additional mineral licenses are being acquired through agreements with several counterparties to increase the exploration footprint.</li> </ul> <h2 style="text-align: center;">Share Structure and Ownership</h2> <p>Pirate Gold Corp. has a market capitalization of CA$111.86 million based on 507.08 million shares outstanding. The 52-week trading range is CA$0.03 to CA$0.39.</p> <p>¹Institutions hold 1.75% of shares, strategic investors hold 19.51%, management and insiders hold 5.75%, and retail investors hold the remaining 72.99%.[OWNERSHIP_CHART-11576]</p> <h2 style="text-align: center;"><strong>Common Questions from Investors</strong></h2> <p><strong>Q: What makes secondary faults attractive exploration targets?</strong></p> <p>A: Secondary faults can focus mineral-rich fluids and host significant gold deposits even when the main regional structure has not been directly drilled.</p> <p><strong>Q: How do visual observations of pyrite and arsenopyrite help geologists?</strong></p> <p>A: These minerals indicate past hydrothermal fluid flow and help prioritize areas for assay testing, though they do not confirm economic grades.</p> <p><strong>Q: What is the significance of a barge-mounted drill rig?</strong></p> <p>A: It allows drilling directly under lakes to test near-surface extensions of known mineralization that cannot be reached from land-based setups.</p> <p><strong>Q: Why is the Valentine Lake Fault Zone considered prospective?</strong></p> <p>A: It is a major regional structure analogous to gold-bearing faults in other prolific belts and has already yielded discoveries along both primary and secondary segments.</p> <p>The combination of ongoing drilling, additional land acquisitions, and multiple mineral system potential positions Pirate Gold for continued news flow through the remainder of 2026 and into 2027. Retail investors should monitor assay results from the current program and any updates on the fourth rig deployment.</p> <p><a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a></p><p>Important Disclosures:</p><ol> <li>Jordan Nova 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> <p>For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a></p> <p><strong>1. Ownership and Share Structure Information</strong></p> <p>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.</p><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31936"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31936" width="0" height="0"> <p>( Companies Mentioned: YARR.TSX.V, )</p> Thu, 23 Jul 2026 00:00:00 PST