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The Gold Report - Streetwise Exclusive Articles Full Text https://www.theaureport.com/ Investment coverage of gold, silver, uranium and other precious metals. copyright 2012, Streetwise, Inc. Sendero Resources Reports Gold and Silver Drilling Results at Peas Negras https://www.streetwisereports.com/article/2026/08/18/sendero-resources-reports-gold-and-silver-drilling-results-at-peas-negras.html Source: <a href="https://www.streetwisereports.com/article/2026/08/18/sendero-resources-reports-gold-and-silver-drilling-results-at-peas-negras.html?utm_medium=feed">Streetwise Reports 08/19/2026</a> Sendero Resources Corp. (SEND:TSX.V) reported 48 g/t silver and 1.04 g/t gold from drilling at its Peas Negras project in Argentina, with more drilling planned.One exploration company has an expert calling its project "outstanding," grabbing gold and copper investors' attention. <h2 style="text-align: center;">Key Takeaways</h2> <ul> <li>Sendero Resources intersected 48 g/t Ag (silver) over 1.5 m (meters) at its Peñas Negras project in Argentina.</li> <li>All three drill holes returned gold and silver mineralization, supporting the company's geological model.</li> <li>One drill hole returned 1.04 g/t Au (gold) over 1.5 m, within a broader zone of elevated gold values.</li> <li>The exploration program identified copper, molybdenum, lead, zinc, arsenic, and antimony anomalies, pointing to a larger hydrothermal system.</li> <li>Rock sampling returned up to 4.82 g/t Au and 18 g/t Ag about nine km (kilometers) north-northeast of the drilling area.</li> <li>Sendero plans additional drilling at Peñas Negras to test the Mogotes Fault corridor and newly identified gold-silver targets.</li> </ul> <h2 style="text-align: center;">Sendero Resources Intersects 48 g/t Silver at Peñas Negras</h2> On August 17, 2026, Sendero Resources Corp. (SEND:TSX.V) released <a href="https://www.stockwatch.com/News/Item/Z-C!SEND-3852886/C/SEND" target="_blank" rel="noopener">drilling results</a> from its 2026 reconnaissance drilling and rock sampling programs at its Peñas Negras polymetallic project in Argentina. The reconnaissance program completed three diamond drill holes totaling 396 m and found that hole PNDH-201 returned 1.04 g/t Au over 1.5 m from 14 m depth, all within a broader halo of elevated gold values extending from surface to 46 m. The company noted that each of the three holes returned anomalous silver values, including PNDH-201's 48 g/t Ag over 1.5 m from 14 m and 28.2 g/t Ag over 1 m from 57 m. Hole PNDH-203 returned anomalous antimony values and "confirmed the presence of the Mogotes fault, further confirming the company's geological model and mineralization being associated with the structural framework of the Vicuña belt." The rock sampling program totaled 453 samples across the property, returning up to 4.82 g/t Au and 18 g/t Ag in the north-northeast area. Sendero also reported "exceptionally anomalous gold samples" up to 1.65 g/t Au in the northwest area. Finally, sampling returned values of up to 5.13 g/t Ag in the southwest area. "These results provide strong validation of our geological model for Penas Negras. This important step forward in defining the district scale potential of our strategic land package. We are especially pleased that the intermediate intrusive and volcanic host rocks, alteration, pathfinder geochemistry, stockwork veining, and Mogotes fault structural framework are all consistent with the characteristics of the world-class high-sulphidation epithermal and porphyry systems that host the Vicuña project deposits, located less than 15 km to the south-southeast," said Alex Gostevskikh, CEO of Sendero Resources. Gostevskikh went on, saying: "The three holes completed to date, together with historical Anglo-American drilling, confirm the presence of a substantial high-sulphidation epithermal system, although its full dimensions remain to be defined. Importantly, the leached cap and emerging geochemical vectors support our thesis that a deeper porphyry copper-gold system may lie beneath the priority target area, with an extensive auriferous zone of advanced argillic alteration located immediately to the north-northeast. We are very encouraged by the results of our rock sampling program, which suggest that the target area may extend significantly farther to the north and northwest." Finally, in a corporate update, Sendero stated that the company is financed to continue drilling at the target through the 2027 exploration season and that all exploration licenses are current and in compliance. According to the release, "The company is delighted to enjoy the support of the government of La Rioja, which has expressed its commitment to supporting Sendero Resources and future exploration at Penas Negras. This support reflects the provincial government's recognition of the geological potential of the Penas Negras district and its confidence in the company's approach to responsible exploration." Sendero is headquartered in British Columbia, Canada, but operates in Argentina's renowned Vicuña belt. <h2 style="text-align: center;">Gold and Copper Demand Rising to Support Exploration</h2> Junior miners and exploration companies hit the ground running this year after gold climbed above US$5,500 per ounce in January. While prices have since fallen, and even dipped below US$4,000 in June, gold prices are still up <a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener">31%</a> compared to August 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." As of the time of writing on August 18, 2026, gold was trading at <a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener">US$4,355</a> per ounce. 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." Last year, the looming potential of President Donald Trump's tariffs drove copper prices in the U.S. as American investors stockpiled the metal. 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&utm_campaign=9a3b541bbd-EMAIL_CAMPAIGN_2018_04_10_COPY_01&utm_medium=email&utm_term=0_2d6e7dc0d4-9a3b541bbd-606677560" target="_blank" rel="noopener">stated a March 6, 2026, article by Bloomberg News</a>. <a href="https://www.congress.gov/crs-product/IN12614" target="_blank" rel="noopener">Trump's July 30, 2025, proclamation</a> imposed a 50% Section 232 tariff on the copper input value of semi-finished copper and copper-intensive derivative products, effective August 1, 2025. Effective April 6, 2026, a 50% tariff was applied to the full value of semi-finished copper products, which collapsed the COMEX premium. This proclamation contemplated a phased universal duty on refined copper of 15% starting January 1, 2027, rising to 30% in 2028, subject to a presidential determination following the <a href="https://www.thompsonhine.com/insights/president-trump-announces-50-tariff-on-u-s-imports-of-copper/" target="_blank" rel="noopener">Commerce Department's June 30, 2026, report</a>. Refined copper remains exempt as of August 2026. On August 18, 2026, copper was trading at US$6.49, with <a href="https://tradingeconomics.com/commodity/copper" target="_blank" rel="noopener">Trading Economics</a> stating that "signs of tightening global copper supply continued to provide a floor for prices, as the metal keeps flowing to the U.S. and China while becoming increasingly scarce elsewhere. Top producer Chile also expects copper production to fall 2.6% this year amid persistent setbacks at mines and development projects." The metals sector as a whole is 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 Recycling Today </a>said that the World Bank Group has predicted that global metals and minerals prices will rise 17% in 2026, part of a 16% rise across all commodities that would mark the first annual increase since 2022. <h2 style="text-align: center;">Expert "Adores" Sendero's Position</h2> Sendero caught the attention of <a href="https://www.streetwisereports.com/article/2026/05/12/co-surrounded-by-titans-in-vicua-region-of-argentina.html?utm_medium=feed" target="_blank" rel="noopener">Bob Moriarty of 321gold.com</a> when he wrote about a potential business deal he encountered. Moriarty wrote: "Someone approached me recently with an expansive venture situated in the heart of the Vicuña Region in Argentina. Now, few individuals truly grasp this, but Argentina is open for business . . . Last year, Argentina was the sole nation in South or Central America to actually post a budget surplus." To take advantage of this country's rich mining areas, Moriarty encouraged investors to take a look at Sendero, writing: "Sendero has filled its coffers and has roughly CA$5 million on hand to bankroll field exploration and a fully permitted drill program for 2026. Sendero currently commands a market cap [that is] significantly less expensive than its junior peers in the vicinity. In essence, the project is outstanding, the company enjoys incredible strategic supporters, and has cash in the bank. What's not to adore?" <h2 style="text-align: center;">Sendero Plans More Drilling Along Peñas Negras’ Mogotes Fault</h2> Roughly 3 km of the Mogotes structural corridor within the Peñas Negras project still needs to be tested, and Sendero is expected to continue drilling in the upcoming season, according to the <a href="https://www.stockwatch.com/News/Item/Z-C!SEND-3852886/C/SEND" target="_blank" rel="noopener">press release</a>. Sendero said the plan will be to further advance "the newly identified geochemical targets at PN-NNW and PN-NNE, where rock sampling returned exceptional gold and silver values. These new geochemical targets now extend the potential mineralized system for up to nine km along strike." [OWNERSHIP_CHART-11211] <h2 style="text-align: center;">Ownership & Share Information1</h2> Sendero Resources Corp. has a market cap of CA$24.16 million, with 26.55 million shares outstanding. The company's 52-week range is CA$0.41-CA$2.19. Institutions own 3.49% of shares, while Management & Insiders own 19.26%. The remaining 77.25% of shares are Retail. <h2 style="text-align: center;">Frequently Asked Questions</h2> Q: What is a high-sulphidation epithermal deposit? A: A high-sulphidation epithermal deposit is a type of mineral system formed by hot, acidic hydrothermal fluids near the Earth's surface. These systems can contain gold, silver, and other metals and are sometimes associated with larger porphyry copper-gold systems at depth. Q: What is a porphyry copper-gold system? A: A porphyry copper-gold system is a large mineral deposit in which copper and gold are distributed through intrusive rocks and surrounding alteration zones. These systems can cover large areas and may contain multiple zones of mineralization. Q: What are pathfinder elements in mineral exploration? A: Pathfinder elements are chemical elements that can help geologists identify or trace a mineralized system. Elements such as arsenic, antimony, lead, zinc, and molybdenum can provide clues about the location, direction, or type of a hydrothermal mineral system. Q: What is a structural corridor in mineral exploration? A: A structural corridor is a zone of faults, fractures, or other geological structures that can provide pathways for mineral-rich fluids. These structures can therefore be important exploration targets, particularly for hydrothermal gold, silver, and polymetallic deposits. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Sendero Resources Corp. </li> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32237"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32237" width="0" height="0"> ( Companies Mentioned: SEND:TSX.V, ) Wed, 19 Aug 2026 00:00:00 PST Quebec Gold Explorer Sets October 5 Start at Mosseau After Community Talks https://www.streetwisereports.com/article/2026/08/18/quebec-gold-explorer-sets-october-5-start-at-mosseau-after-community-talks.html Source: <a href="https://www.streetwisereports.com/article/2026/08/18/quebec-gold-explorer-sets-october-5-start-at-mosseau-after-community-talks.html?utm_medium=feed">Streetwise Reports 08/18/2026</a> Harvest Gold reschedules Mosseau drilling for October 5 to complete agreements with Lac Simon First Nation while holding a prime position near Gold Fields Windfall deposit in Quebec.Gold prices have climbed back above US$4,400 per ounce amid softer U.S. economic data and geopolitical tensions, creating renewed interest in junior explorers with land near established high-grade deposits. <a href="https://www.streetwisereports.com/pub/co/299?utm_medium=feed" target="_blank" rel="noopener">Harvest Gold Corp. (HVG:TSX.V; HVGDF:OTCMKTS)</a> offers retail investors direct exposure to one such opportunity in Quebec's Urban Barry greenstone belt. Harvest Gold's Mosseau property sits west of the 3.2-million-ounce Windfall deposit that Gold Fields Ltd. acquired for US$1.6 billion. The company controls a 51-kilometer contiguous package along the same structural corridor that hosts Windfall's high-grade gold system. This location gives Harvest a strategic land position that few other juniors can claim in the belt. <h2 style="text-align: center;">Why the Rescheduled Drill Program Matters Now</h2> Harvest Gold <a href="https://www.harvestgoldcorp.com/news/news-details/2026/Harvest-Gold-Announces-Drilling-Delay-At-Mosseau/default.aspx" target="_blank" rel="noopener">said in an August 17 release that it</a> has moved its second drill program at Mosseau to an October 5 start date after constructive meetings with the Lac Simon First Nation. The new timeline allows 30 to 40 consecutive days of drilling and keeps the campaign on track to finish by mid-November. The company remains fully financed and has already selected its targets in the central portion of the property. The original July start was postponed at the community's request. Harvest Gold met with Band Council representatives, agreed to accelerate two agreements under negotiation, and received confirmation that drilling should wait until those agreements are finalized. The October 5 date follows the end of the two-week hunting season in the area, giving the company an uninterrupted window. <h2 style="text-align: center;">Prime Location Next to Major Gold Producer</h2> Gold Fields Ltd. (GFI:NYSE; GFI:JSE) assembled much of the surrounding ground after acquiring Osisko's Windfall project. Harvest Gold's remaining ground represents one of the last sizable packages in the belt still outside Gold Fields' control. The company is exploring Archean greenstone rocks that share the same geological setting responsible for Windfall's high-grade mineralization. A greenstone belt is an ancient volcanic and sedimentary rock sequence known for hosting many of the world's richest gold deposits. Harvest Gold President and CEO Rick Mark has described the strategy as a deliberate land play designed to attract patient, asset-focused investors. The largest shareholder is Crescat Capital with a 19.9 percent stake. Management and the board own 5 percent, other institutions hold 11.5 percent, and retail investors own the balance. <h2 style="text-align: center;">2026 Drill Targets and Prior Results</h2> The upcoming program will consist of roughly 20 diamond drill holes totaling about 4,000 meters. Targets lie along the 32-kilometer Kiask River Mineralized Corridor, with at least eight holes planned within 500 meters of the 2025 discovery hole that returned 105 grams per tonne gold over 1.15 meters. Eleven additional targets sit within a two-kilometer section tied to a magnetic high anomaly. Earlier drilling traced a continuous gold-bearing zone up to 16 meters wide over three kilometers and reached depths of roughly 100 meters, with additional intercepts including 0.5 grams per tonne gold over 16.35 meters and 0.76 grams per tonne gold over 5.85 meters. [OWNERSHIP_CHART-299] <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Harvest Gold holds a sizable land package, approximately 45–70 km west of Gold Fields' Windfall deposit in Quebec's Urban Barry belt. </li> <li>The company has identified October 5 as its preferred new drilling start date after agreeing to honor Lac Simon First Nation's request to finalize two agreements before drilling begins. </li> <li>Twenty priority targets have been selected along the Kiask River corridor, including multiple holes near the 105 g/t discovery intersection.</li> <li>Management and Crescat Capital together control nearly 25 percent of the shares, aligning interests with retail investors.1</li> <li>Gold prices above US$4,400 per ounce provide supportive macro conditions for exploration results.</li> </ul> <h2 style="text-align: center;">Common Questions from Investors</h2> Q: Why did Harvest Gold delay the drill program? A: The company agreed to the Lac Simon First Nation's preference to complete two agreements before drilling begins and has set a new start date of October 5. Q: How close is Mosseau to the Windfall deposit? A: Mosseau lies directly west of Windfall in the same greenstone belt and shares similar geological structures. Q: What were the highlights from the 2025 drilling? A: The standout result was 105 grams per tonne gold over 1.15 meters, with additional wider lower-grade intercepts confirming a continuous mineralized corridor. Q: Is the company fully funded for the program? A: Yes, Harvest Gold has stated it remains fully financed for the 2026 campaign. Retail investors evaluating Harvest Gold should weigh the permitting timeline, the outcome of ongoing community agreements, and broader gold price movements when considering the stock. The company's position in a belt already validated by a multi-billion-dollar acquisition offers a clear geological comparison, while the upcoming drill results will provide the next concrete data points for the market to assess. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Harvest Gold Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. In addition, Harvest Gold Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Harvest 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32235"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32235" width="0" height="0"> ( Companies Mentioned: HVG:TSX.V;HVGDF:OTCMKTS, ) Tue, 18 Aug 2026 00:00:00 PST BC Copper Explorer Hits 0.90% Cu as Zone Expands 60 Meters https://www.streetwisereports.com/article/2026/08/18/bc-copper-explorer-hits-0-90-cu-as-zone-expands-60-meters.html Source: <a href="https://www.streetwisereports.com/article/2026/08/18/bc-copper-explorer-hits-0-90-cu-as-zone-expands-60-meters.html?utm_medium=feed">Streetwise Reports 08/19/2026</a> Getty Copper delivers strong near-surface intercepts including 0.90% Cu over 69 m at Getty North in British Columbia. Expansion drilling extends mineralization 60 m beyond prior limits with assays pending.Copper demand is accelerating from data centers, defense spending, and clean energy infrastructure, creating a timely backdrop for explorers in established districts. Retail investors are watching British Columbia's Highland Valley area closely as one junior advances its project with fresh drill data. <h2 style="text-align: center;">Why This BC Copper Project Stands Out Now</h2> Getty Copper Inc. (GTC:TSX.V; GTCDF:OTCMKTS) has released the second batch of assay results from its 2026 spring program at the Getty Project. The results confirm historical mineralization while demonstrating clear expansion potential at Getty North. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Near-surface intercepts such as 69 m at 0.90% Cu and 117 m at 0.68% Cu highlight attractive grades starting just meters below surface.</li> <li>Expansion drilling has already pushed known mineralization 60 m farther, reaching more than 230 m beyond historical holes on multiple sections.</li> <li>The completed spring program totaled 10,807 m across 28 holes, leaving room for additional fall drilling.</li> <li>Pending assays from 16 holes plus up to 5,000 m planned later in 2026 provide multiple near-term catalysts.</li> <li>Commentary highlights takeout potential supported by resource confirmation and step-out success in a tier-one copper district.</li> </ul> <h2 style="text-align: center;">Drill Results Validate and Grow the Deposit</h2> The nine reported holes targeted three cross sections through the Getty North porphyry copper deposit. <a href="https://www.stockwatch.com/News/Item/Z-C!GTC-3850338/C/GTC" target="_blank" rel="noopener">Assay results</a> showed consistent copper mineralization with silver credits. Notable intercepts include GN26-11 returning 194 m of 0.62% Cu and 0.9 g/t Ag from 27 m depth, including 69 m at 0.90% Cu from 30 m. GN26-02 cut 480 m of 0.34% Cu from 3 m depth, including 117 m at 0.68% Cu. Other holes, such as GN26-08, delivered 324 m of 0.50% Cu starting at 33 m. These results align closely with historical data while extending the mineralized envelope. Resource confirmation holes were drilled down-plunge to support a modern resource estimate and collect material for metallurgical testing. Several holes also encountered near-surface oxidized copper that the company intends to study further with sequential leach assays. <h2 style="text-align: center;">Geological Setting and Next Steps</h2> Core logging showed that copper sulfide mineralization occurred predominantly as chalcopyrite with local bornite in vein stockworks and disseminations associated with multiphase porphyry intrusions. The spring program is now complete, with assays still pending for three Getty North holes and 13 Getty South holes. Getty Copper plans up to 5,000 m of additional drilling in fall 2026, focused on both resource growth and new district targets. The company’s current exploration program is focused on resource expansion and new exploration targets, with a modern resource estimate among the objectives of the drilling campaign. <h2 style="text-align: center;">Copper Market Tailwinds Support the Opportunity</h2> Global copper demand is shifting toward AI infrastructure, defense, and power grids. A <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> report noted these sectors could represent nearly 45% of copper demand by 2040. Recent U.S. tariff developments have also influenced physical market dynamics and inventory levels at major exchanges. U.S. copper tariffs have continued to distinguish between copper input materials, such as cathodes and anodes, and covered semi-finished and derivative products. <h2 style="text-align: center;">Perspective and Catalysts Ahead</h2> <a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/a-new-best-buy-our-latest-copper-pick-reinforces-its-takeout-potential-plus-six-more-stock-updates-and-a-new-ground-truth-from-geologist-sharyn-alexander/#gc" target="_blank" rel="noopener">The Paydirt Prospector's</a> newsletter assigned Getty Copper a "Best Buy" rating, citing clear takeout potential after the latest results. The report noted the stock rose around 27% on the day of the release and highlighted upcoming assay results and further drilling as catalysts. <h2 style="text-align: center;">Share Structure and Ownership Snapshot1</h2> Getty Copper Inc. has a market cap of CA$66.24 million with 73.09 million shares outstanding. Institutions hold 6.28%, management and insiders own 29.28%, and retail investors hold the remaining 64.44%. The 52-week range stands at CA$0.50 to CA$1.40. [OWNERSHIP_CHART-3679] <h2 style="text-align: center;">Common Questions from Investors</h2> <ul> <li>What is a porphyry copper deposit? It is a large mineral system where copper occurs in veins and disseminated grains around intrusive rocks, representing a major global source of copper supply.</li> <li>How do assay results help investors? Laboratory assays quantify metal grades in drill core, allowing assessment of grade, thickness, and continuity that inform resource potential.</li> <li>What does step-out drilling achieve? It tests areas beyond known mineralization to determine whether the deposit continues and can increase the overall size of the mineralized zone.</li> <li>Why are pending assays important? Results from the remaining 16 holes will provide additional data on both confirmed resources and new exploration targets.</li> </ul> Retail investors evaluating copper exposure in British Columbia should monitor the upcoming assay releases and fall drilling results for further clarity on resource growth at the Getty Project. [SMNLINSERT]Important Disclosures:<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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32229"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32229" width="0" height="0"> ( Companies Mentioned: GTC:TSX.V;GTCDF:OTCMKTS, ) Wed, 19 Aug 2026 00:00:00 PST Torr Metals Finds Copper Sulphides, Pointing to New Porphyry System in British Columbia https://www.streetwisereports.com/article/2026/08/18/torr-metals-finds-copper-sulphides-pointing-to-new-porphyry-system-in-british-columbia.html Source: <a href="https://www.streetwisereports.com/article/2026/08/18/torr-metals-finds-copper-sulphides-pointing-to-new-porphyry-system-in-british-columbia.html?utm_medium=feed">Streetwise Reports 08/19/2026</a> Torr Metals Inc. (TMET:TSX.V) has intersected copper sulphides and potassic alteration at Bertha North, advancing exploration of a potential copper-gold porphyry system.A Canadian copper-gold explorer is grabbing investor attention with discoveries from its ongoing drill program. <h2 style="text-align: center;">Key Takeaways</h2> <ul> <li>Torr Metals intersected copper sulphides and potassic alteration at its Bertha North target in British Columbia.</li> <li>Drilling has advanced the potential copper-gold porphyry system at the company's Kolos project.</li> <li>Copper sulphides were identified in multiple drill holes, including chalcopyrite and chalcocite, with native copper in latest drill hole.</li> <li>Potassic alteration and quartz-magnetite veining point toward a potential porphyry source at depth.</li> <li>Torr Metals has completed 1,733 m (meters) of drilling at Bertha North as part of its fully funded 6,000-meter 2026 exploration program.</li> <li>Additional drilling and assays are planned to further test the copper-gold system and identify higher-grade mineralization.</li> </ul> <h2 style="text-align: center;">Drilling Intersects Copper Sulphides and Potassic Alteration</h2> On August 18, 2026, <a href="https://www.streetwisereports.com/pub/co/11133?utm_medium=feed" target="_blank" rel="noopener">Torr Metals Inc. (TMET:TSX.V)</a> released <a href="https://www.torrmetals.com/news/torr-metals-intersects-copper-sulphides-and-potassic-altera-2026-08-18-qm-7281313387125231" target="_blank" rel="noopener">an update on its Phase 2 drill program</a> at Bertha North in British Columbia, Canada. The fully funded project has so far completed 1,733 m of drilling of its planned 6,000 m, and the first four holes have confirmed a large porphyry-style hydrothermal system containing native copper, chalcopyrite, and chalcocite. Specifically, hole 26-KO-03 interpreted a "potassium (K)-feldspar-dominant potassic-altered intrusive unit from approximately 425 to 444 m, within a broader ~104 m sericitic alteration envelope" and "copper sulphides appear concentrated along the margins of the potassic-altered intrusive in 26-KO-03, where hydrothermal brecciation and multi-stage veining are also stronger." The hole is at approximately 180 m and is drilling toward a stronger portion of the chargeability anomaly, having already intersected copper at near-surface veins. Potassic alteration is a feature of porphyry systems that reflects hotter and proximal hydrothermal fluids, and its presence could be a sign that drilling is approaching the magmatic-hydrothermal center where higher concentrations of copper sulphides may be present. Torr argued that this intrusive corridor at Bertha North lies directly within and alongside the margins of a large chargeability anomaly that strengthens, broadens, and remains open at depth. Hole 26-KO-04 has also shown observed copper sulfides within its altered corridors, and the release stated that "as a regional exploration analogue, the New Afton Cu-Au porphyry deposit in British Columbia hosts strong K-feldspar-dominant potassic alteration within the Cherry Creek monzonite, an intermediate intrusive phase interpreted as the source of heat and metals for the deposit." Laboratory assays from the first three drill holes remain pending, and petrographic and geochemical work will be required to confirm alteration mineralogy and the significance of mineralization. "With only three holes completed, we believe we are just beginning to unlock the scale and copper-gold potential of Bertha North," said Malcolm Dorsey, President and CEO of Torr, in the release. "What is particularly exciting is that the geological vectors are strengthening as we advance, with copper sulphides, increasing stockwork veining, and an intrusive phase affected by hotter, more proximal potassic alteration, all pointing us toward the potential center of a large hydrothermal-magmatic system. Hole 4 is already providing further strong encouragement, with native copper and pyrite-chalcopyrite veinlets encountered while still near the outer margin of the chargeability anomaly. With assays pending, a large and strengthening geophysical target still ahead of the drilling, and multiple targets yet to be tested, we believe Bertha North is at a very early stage with significant discovery potential still in front of us." A Canadian company headquartered in Alberta, Torr Metals is focused on copper and gold discovery potential within proven mining districts throughout Canada. <h2 style="text-align: center;">Copper Demand Rises With Energy and Infrastructure Investment</h2> 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." Last year, the looming potential of President Donald Trump's tariffs drove copper prices in the U.S. as American investors stockpiled the metal. 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&utm_campaign=9a3b541bbd-EMAIL_CAMPAIGN_2018_04_10_COPY_01&utm_medium=email&utm_term=0_2d6e7dc0d4-9a3b541bbd-606677560" target="_blank" rel="noopener">stated a March 6, 2026, article by Bloomberg News</a>. <a href="https://www.congress.gov/crs-product/IN12614" target="_blank" rel="noopener">Trump's July 30, 2025, proclamation</a> imposed a 50% Section 232 tariff on the copper input value of semi-finished copper and copper-intensive derivative products, effective August 1, 2025. Effective April 6, 2026, a 50% tariff was applied to the full value of semi-finished copper products, which collapsed the COMEX premium. This proclamation contemplated a phased universal duty on refined copper of 15% starting January 1, 2027, rising to 30% in 2028, subject to a presidential determination following the <a href="https://www.thompsonhine.com/insights/president-trump-announces-50-tariff-on-u-s-imports-of-copper/" target="_blank" rel="noopener">Commerce Department's June 30, 2026, report</a>. Refined copper remains exempt as of August 2026. On August 18, 2026, copper was trading at US$6.49, with <a href="https://tradingeconomics.com/commodity/copper" target="_blank" rel="noopener">Trading Economics</a> stating that ". . . signs of tightening global copper supply continued to provide a floor for prices, as the metal keeps flowing to the U.S. and China while becoming increasingly scarce elsewhere. Top producer Chile also expects copper production to fall 2.6% this year amid persistent setbacks at mines and development projects." The metals sector as a whole is 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 </a><a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/">Recycling Today</a>  said that the World Bank Group has predicted that global metals and minerals prices will rise 17% in 2026, part of a 16% rise across all commodities that would mark the first annual increase since 2022. <h2 style="text-align: center;">Analyst Sees Copper-Gold Discovery Potential in BC</h2> 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">John Newell of John Newell & Associates</a> gave his opinion on Torr Metals on February 5, 2026, stating that Torr's strategy is "straightforward but disciplined" in its goal to identify and develop large, underexplored copper-gold systems in proven belts. Regarding Torr's project focus, Newell wrote: "Kolos offers both near-term discovery potential and longer-term scalability within a single, consolidated land package." "Torr offers genuine discovery leverage at a modest valuation," Newell advised, then said, "For investors comfortable with exploration risk and looking for exposure to copper and gold discoveries in proven jurisdictions, Torr Metals remains a Speculative Buy for discovery-focused investors." <h2 style="text-align: center;">Additional Upcoming Drilling and Assays Will Define Mineralization, Scale, and Continuity</h2> According to the company, further assay results for currently completed drilling at the Bertha North target are expected in early September 2026, with ongoing operation updates expected throughout the rest of the year. <h2 style="text-align: center;">Ownership & Share Information2</h2> Torr Metals Inc. has a market cap of CA$8.40 million, with 84.02 million shares outstanding. The company's 52-week range is CA$0.08-CA$0.27. Strategic Investors own 4.76% of shares, while Management & Insiders own 4.32%. The remaining 90.92% of shares are Retail. [OWNERSHIP_CHART-11133] <h2 style="text-align: center;">Frequently Asked Questions</h2> Q: What is a copper-gold porphyry deposit? A: A copper-gold porphyry deposit is a large mineral system in which copper and gold are distributed through or around intrusive igneous rocks. These deposits can contain extensive zones of lower-grade mineralization along with areas of higher-grade copper and gold. Q: What is potassic alteration in copper exploration? A: Potassic alteration occurs when hot, mineral-rich hydrothermal fluids alter rocks near the center of a porphyry system. The presence of minerals such as potassium feldspar can help geologists identify areas that may be closer to the potential source of copper-gold mineralization. Q: What are copper sulphides? A: Copper sulphides are minerals containing copper and sulfur and are an important source of copper in many deposits. Common copper sulphide minerals include chalcopyrite, bornite, and chalcocite. Q: Why is copper demand expected to grow? A: Copper is widely used in power grids, electronics, electric vehicles, renewable energy infrastructure, and data centers. Growing electricity demand and infrastructure investment are expected to increase demand for copper, while developing new mines can take many years. Q: What are the next steps after a copper exploration discovery? A: Exploration companies typically conduct additional drilling, laboratory assays, geological studies, and geophysical work to determine the size, grade, and continuity of mineralization. If results support further development, the project may eventually progress toward a mineral resource estimate and economic studies. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> Important Disclosures:<ol> <li>Torr Metals Inc. is a billboard sponsor of Streetwise Reports. The company pays a monthly sponsorship fee of US$3,000–US$6,000 for banner advertising and an enhanced company profile page. Streetwise Reports’ editorial content is fully independent and is not influenced by sponsorship.</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>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.</li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Disclosure for the quote from the John Newell article published on February 5, 2026 <ol> <li>For the quoted article (published on February 5, 2026), Torr Metals Inc. 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> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32228"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32228" width="0" height="0"> ( Companies Mentioned: TMET:TSX.V, ) Wed, 19 Aug 2026 00:00:00 PST Yukon Silver Explorer Advances Haldane Drilling as Silver Hits $64.58 https://www.streetwisereports.com/article/2026/08/19/yukon-silver-explorer-advances-haldane-drilling-as-silver-hits-64-58.html Source: <a href="https://www.streetwisereports.com/article/2026/08/19/yukon-silver-explorer-advances-haldane-drilling-as-silver-hits-64-58.html?utm_medium=feed">Streetwise Reports 08/19/2026</a> Silver North Resources continues drilling at Haldane in Yukon's Keno Hill district while starting Veronica exploration. Silver spot price reached $64.58 amid strong industrial and investment demand.Silver demand is rising from both investment flows and technology sectors, including solar power and electronics. <a href="https://finance.yahoo.com/markets/commodities/articles/silver-could-surge-90-investment-112942386.html" target="_blank" rel="noopener">According to an August 12 Investing.com report,</a> analysts see prices moving toward US$75 per ounce in the near term and US$90 over the next six to twelve months. The market remains in deficit through 2027, with investment demand recovering strongly. <a href="https://www.streetwisereports.com/pub/co/11042?utm_medium=feed" target="_blank" rel="noopener">Silver North Resources Ltd. (SNAG:TSX.V; TARSF:OTCQB)</a> recently announced <a href="https://silvernorthres.com/silver-north-continues-haldane-drilling-and-commences-veronica-exploration-yukon/" target="_blank" rel="noopener">that drilling is continuing at its flagship Haldane Silver Property in the historic Keno Hill Silver District in central Yukon Territory, while the company has also begun its 2026 field program at the Veronica Property in southeast Yukon.</a> The company offers retail investors direct exposure to high-grade silver exploration in one of Canada's most productive silver districts while remaining fully funded for multiple years of work. <h2 style="text-align: center;">Why Silver North Stands Out for Retail Investors</h2> Silver North focuses on silver projects in the Yukon with its flagship asset in the historic Keno Hill district. The company completed a financing that supports two years of exploration and currently operates two drill rigs at Haldane. This positions Silver North to deliver results during a period of elevated silver prices and sustained industrial demand. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Silver spot price stood at US$64.58 per ounce on August 13 with gains of 68.58 percent over the prior year.</li> <li>Haldane drilling has completed 2,550 meters in 10 holes with results expected starting in September.</li> <li>The company is fully funded for the 2026 and 2027 drilling campaigns after recent financing.</li> <li>Veronica field work targets a 1.2 km by 1 km soil anomaly with 850 samples planned.</li> <li>One analyst maintains a Speculative Buy, citing scale potential at the Main Fault target.</li> <li>High-grade intercepts such as 818 g/t silver over 13.15 meters highlight discovery potential.</li> </ul> <h2 style="text-align: center;">Haldane Project: Expanding Mineralization at Main Fault and Bighorn</h2> At Haldane, two rigs continue operating. Ten holes totaling 2,550 meters have tested the Main Fault structure stepping out from the 2024 and 2025 discoveries. One rig has moved to the Bighorn Target to follow up on 125.7 g/t silver over 2.35 meters from a 2019 hole. The Main Fault program is expanding 100 meters of strike and 150 meters of downdip extension. Previous intercepts include 818 g/t silver, 1.39 g/t gold, 2.54 percent lead, and 0.98 percent zinc over 13.15 meters in hole HLD25-31. Core from the first five holes of the current program has been shipped to ALS Laboratories, with results expected in September. The program is scheduled to run into October. <h2 style="text-align: center;">Veronica Property: Building on 2025 Discoveries in the Silvertip District</h2> Silver North has launched a three-week 2026 field program at Veronica in southeast Yukon's Silvertip District. The program follows 2025 work that identified silver mineralization in float and outcrop within prospective stratigraphy for Carbonate Replacement Deposit style mineralization. Objectives include expanding the open-ended 1.2 kilometer by 1 kilometer multi-element soil anomaly through prospecting mapping and additional soil lines. Previous results include mineralized float grading 2,860 g/t silver and an outcropping fault grading 33.2 g/t silver. Approximately 850 soil samples will be collected over the southern half of the property where geophysical anomalies coincide with geochemical highs. Targets generated from airborne LiDAR magnetics and VTEM surveys will also be investigated. <h2 style="text-align: center;">Industry Timing Supports Silver Exploration</h2> <a href="https://www.indexbox.io/blog/silver-powder-fine-market-to-reach-index-157-by-2035-on-topcon-and-heterojunction-solar-demand/" target="_blank" rel="noopener">An August 13 IndexBox report described fine silver powder demand as increasingly concentrated in photovoltaic cell metallization and multi-layer ceramic capacitor production,</a> which together account for 75 to 85 percent of global consumption. Photovoltaics alone represent roughly half. Higher-efficiency TOPCon and heterojunction solar cells require 30 to 50 percent more silver per wafer than older PERC technology, driving volume growth. Electronics 5G infrastructure, electric vehicles, and Internet of Things devices add further demand. <a href="https://sdbullion.com/silver-prices" target="_blank" rel="noopener">Later on August 13, SD Bullion reported a silver spot price of US$64.58 per ounce.</a> <h2 style="text-align: center;">Analyst Perspectives on Haldane and Funding Position</h2> <a href="https://www.streetwisereports.com/article/2026/02/23/fully-funded-for-discovery-in-canadas-highest-grade-silver-camp.html?utm_medium=feed" target="_blank" rel="noopener">1John Newell of John Newell & Associates focused on Silver North's exploration position in the Keno Hill Silver District in a February 23 report</a>, noting the Main Fault shows scale and complexity for high-grade mineralization. He highlighted the financing that funds the next two years of exploration and maintained a Speculative Buy with a technical target of CA$1.05. Other commentators, including Michael Ballanger, Peter Krauth, and Richard Mills, have discussed the two-rig program, the SkyTEM survey, and the shift from proof-of-concept to expansion drilling. Krauth noted that the results so far are quite bullish, while Mills emphasized that silver represents 81 percent of the value in recent intercepts. <h2 style="text-align: center;">Share Structure and Funding Status2</h2> Management and strategic investors own 14.6 percent. As of August 13 2026 market capitalization stands at approximately CA$25 million with a 52-week share price range of CA$0.185 to CA$0.57. [OWNERSHIP_CHART-11042] The company has stated it is fully funded for its 2026 and 2027 drilling campaigns. <a href="https://silvernorthres.com/wp-content/uploads/2026/02/VRIFY-Presentation-February-2026-Silver-North-Resources-Next-Generation-Silver-Discoveries-Corporate-Presentation.pdf" target="_blank" rel="noopener">Silver North's corporate presentation outlined a Haldane program focused on extending Main Fault mineralization downdip and along strike.</a> <h2 style="text-align: center;">Common Questions from Investors</h2> When will assay results from the current Haldane program arrive? Management expects initial results from the first five holes in September, with drilling continuing into October. What is the scale of the Veronica soil anomaly? The multi-element anomaly covers 1.2 kilometers by 1 kilometer and remains open-ended with 850 soil samples planned in the current program. How is Silver North funded for ongoing work? A recent brokered financing supports two years of exploration, including 2026 and 2027 drilling campaigns at Haldane. What prior intercept supports Bighorn follow-up? The only previous hole at Bighorn returned 125.7 g/t silver over 2.35 meters in 2019. Which industries are driving silver demand? Photovoltaic cell metallization and multi-layer ceramic capacitors together represent 75 to 85 percent of fine silver powder consumption, with solar alone accounting for roughly half. Silver North Resources offers retail investors a funded silver exploration vehicle with active drilling in a proven district and additional targets advancing at Veronica. Investors should review the latest technical reports and consider the inherent risks of early-stage mineral exploration before making decisions. [SMNLINSERT]Important Disclosures:<ol> <li>Silver North is a billboard sponsor of Streetwise Reports. The company pays a monthly sponsorship fee of US$3,000–US$6,000 for banner advertising and an enhanced company profile page. Streetwise Reports’ editorial content is fully independent and is not influenced by sponsorship.</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 Silver North.</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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Disclosure for the quote from the John Newell article published on February 23, 2026 <ol start="1" type="1"> <li>For the quoted article (published on February 23, 2026), Silver North Resources has paid Street Smart, an affiliate of Streetwise Reports, US$2,000.</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> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32225"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32225" width="0" height="0"> ( Companies Mentioned: SNAG:TSX.V; TARSF:OTCQB, ) Wed, 19 Aug 2026 00:00:00 PST BC Copper Explorer Starts 2,400m Redonda Drill Program https://www.streetwisereports.com/article/2026/08/18/bc-copper-explorer-starts-2-400m-redonda-drill-program.html Source: <a href="https://www.streetwisereports.com/article/2026/08/18/bc-copper-explorer-starts-2-400m-redonda-drill-program.html?utm_medium=feed">Streetwise Reports 08/18/2026</a> Copper One Resources begins fully funded diamond drilling at its Redonda copper-molybdenum project in British Columbia while advancing its Majuba Hill project in Nevada amid rising AI-driven copper demand.Copper demand is rising sharply due to artificial intelligence data centers, grid expansion, and electrification needs, creating a compelling backdrop for explorers with active drill programs. Copper One Resources Corp. (CEXY:CSE; CEXYF:OTC; IW8:FRA) has started diamond drilling at its wholly owned Redonda Copper-Molybdenum Project on West Redonda Island in British Columbia, launching a fully financed 2026 exploration campaign aimed at expanding and better defining the property's large porphyry copper-molybdenum system, <a href="https://copperone.com/news/redonda-copper-molybdenum-drill-program-2026-2/" target="_blank" rel="noopener">according to a release on August 7</a>. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Copper One has launched a fully funded 2,400-meter diamond drill program at the Redonda copper-molybdenum project in British Columbia, targeting the southern extension of a known porphyry system.</li> <li>The company is running parallel drilling at its flagship Majuba Hill Copper-Silver-Gold Project in Nevada, with assays pending from both programs.</li> <li>Redonda covers 2746 hectares and builds on historical work by Teck Resources that identified open copper-molybdenum zones along strike and at depth.</li> <li>Copper One secured 100 percent ownership of Majuba Hill for US$1.3 million, well below the original option terms, eliminating earn-in requirements.</li> <li>Global copper supply faces a projected 10-million-tonne deficit by 2040, according to S&P Global, driven by AI data centers and electrification demand.</li> <li>Insiders hold roughly 7 percent of shares while the company maintains a market capitalization of CA$14 million.2</li> </ul> <h2 style="text-align: center;">Why Copper Stands Out in 2026 Markets</h2> Global electricity demand is expected to rise nearly 50 percent by 2040, pushing copper demand toward 42 million metric tons while supply peaks near 33 million tons, creating a 10-million-ton shortfall. AI data centers alone are forecast to more than double copper consumption by 2040, growing roughly 127 percent, because each rack draws 60 to 100 kilowatts versus 5 to 10 kilowatts in conventional facilities. This structural gap favors companies actively drilling high-quality North American copper assets. <h2 style="text-align: center;">Copper One Differentiates With Two Active Programs</h2> Copper One stands out by advancing drilling at two separate copper projects simultaneously within a broader North American portfolio. The Redonda program tests the southern continuation of a porphyry copper-molybdenum system within the Coast Suture Zone, while the Majuba Hill program in Nevada explores extensions of a large copper-silver-gold mineralized system. This dual-track approach can generate a steady flow of results for investors. <h2 style="text-align: center;">Redonda Project Details and 2026 Campaign</h2> Redonda covers nine mineral claims totaling approximately 2746 hectares on West Redonda Island in British Columbia's Vancouver Mining Division. The property hosts a large underexplored porphyry copper-molybdenum system. Historical exploration since the late 1960s included mapping, sampling, geophysics, trenching, and nine NQ diamond holes totaling 1681 meters completed by Teck Resources in 1979. <a href="https://copperone.com/news/redonda-copper-molybdenum-drill-program-2026-2/" target="_blank" rel="noopener">According to a release on August 7,</a> the current program will test the southern extension, refine geometry and continuity, and potentially extend the recognized strike length beyond one kilometer. Four initial drill sites have been prepared, and Paradigm Drilling Ltd. is using a Boyles T-75 track-mounted rig capable of depths beyond 600 meters. <h2 style="text-align: center;">Majuba Hill Advances in Parallel</h2> The company's <a href="https://copperone.com/news/majuba-hill-2026-drill-program-assays-pending/" target="_blank" rel="noopener">flagship Majuba Hill Copper-Silver-Gold Project in Pershing County, Nevada</a>, is also advancing. Hole MHB-37B reached a total depth of 765.9 meters, with core from the first 536 meters submitted. Full ownership of Majuba Hill was secured in June 2026 for US$1.3 million in cash, approximately US$2.7 million below the original option framework, removing earn-in obligations and giving Copper One full strategic control. <h2 style="text-align: center;">Perspectives and Market Context</h2> James West highlighted growing institutional attention after the financing announcement and noted a high-grade sample returning 10.5 percent copper and 188 grams per tonne silver from underground breccia mapping. <a href="https://midasletter.substack.com/p/copper-one-resources-corp-cashed" target="_blank" rel="noopener">According to James West of the Midas Letter Substack, on July 11,</a> copper responds directly to supply fundamentals rather than futures-market speculation. <a href="https://www.streetwisereports.com/article/2026/02/11/a-us-copper-story-re-emerges-as-policy-geology-and-the-chart-align.html?utm_medium=feed" target="_blank" rel="noopener">1In a detailed analysis published by Streetwise Reports on February 11</a>, John Newell examined Giant Mining Corp.'s (the former name of Copper One) technical progress and issued a Speculative Buy recommendation, noting consolidation followed by a move above a declining trendline. <h2 style="text-align: center;">Financing and Share Structure2</h2> Copper One amended terms for its non-brokered special warrant offering, reducing the price to CA$0.40 per warrant for maximum gross proceeds of CA$7.8 million. The underlying warrant exercise price was lowered to CA$0.50 per share. Roughly 7 percent of shares are held by insiders, less than 1 percent by institutions, and the balance by retail investors. Market capitalization stands near CA$14.09 million with 32.17 million shares outstanding and a 52-week range of CA$0.39 to CA$4.25. [OWNERSHIP_CHART-11069] <h2 style="text-align: center;">Common Questions from Investors</h2> What did Copper One announce? On August 7 2026, the company began a fully funded 2,400-meter diamond drill program at its Redonda copper-molybdenum project, targeting the southern extension of the porphyry system. What is the scale of the Redonda property? The project comprises nine claims covering 2746 hectares in British Columbia and has seen intermittent exploration since the late 1960s, including drilling by Teck in 1979. How does Majuba Hill compare? Majuba Hill in Nevada is the flagship asset where parallel drilling continues with hole MHB-37B completed to 765.9 meters and core submitted for assay. When will the results be available? Assay results from both Redonda and Majuba Hill programs will be released after laboratory processing review and quality-control procedures are complete. Why does full ownership of Majuba Hill matter? In June 2026, Copper One agreed to buy 100 percent of Majuba Hill for US$1.3 million (about CA$1.8 million) in cash, which is roughly US$2.7 million (about CA$3.8 million) less than the original option terms. Full ownership removes earn-in requirements. Copper One is executing a disciplined dual-project strategy at a time when structural copper deficits are widening. Retail investors can monitor upcoming assay results from both British Columbia and Nevada to assess the scale of mineralization and the company's progress toward potential resource definition. [SMNLINSERT]Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Copper One Resources 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Disclosure for the quote from the John Newell article published on February 11, 2026 <ol start="1" type="1"> <li>For the quoted article (published on February 11, 2026), Giant Mining paid Street Smart, an affiliate of Streetwise Reports, US$2,500.</li> <li>Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32224"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32224" width="0" height="0"> ( Companies Mentioned: CEXY:CSE;CEXYF:OTC;IW8:FRA, ) Tue, 18 Aug 2026 00:00:00 PST Sonora Copper Explorer Expands Cerro Grande Copper Mineralization in Phase 2 https://www.streetwisereports.com/article/2026/08/18/sonora-copper-explorer-expands-cerro-grande-copper-mineralization-in-phase-2.html Source: <a href="https://www.streetwisereports.com/article/2026/08/18/sonora-copper-explorer-expands-cerro-grande-copper-mineralization-in-phase-2.html?utm_medium=feed">Streetwise Reports 08/18/2026</a> Algo Grande Copper advances Adelita in Sonora with two rigs at Cerro Grande, reporting expanded visual copper zones ahead of assays due in weeks amid rising AI-driven demand.The global push for copper is intensifying as artificial intelligence infrastructure and electrification drive demand higher, creating a compelling backdrop for exploration companies active in established mining districts. <a href="https://www.streetwisereports.com/pub/co/11488?utm_medium=feed" target="_blank" rel="noopener">Algo Grande Copper Corp. (ALGR:TSX.V)</a> is advancing its Adelita project in Sonora, Mexico, where Phase 2 drilling is expanding known copper-bearing areas at the Cerro Grande target. <h2 style="text-align: center;">Why Algo Grande Stands Out in a Tightening Copper Market</h2> Algo Grande moved quickly from acquiring Adelita in December 2025 to active drilling in 2026. The company acquired 100% of the project through transactions that were primarily share-based, including CA$100,000 in cash for the 80% interest acquired from Infinitum, with the remaining 20% acquired from Minaurum for shares and a 1% net smelter return royalty. <a href="https://www.streetwisereports.com/article/2026/06/16/co-begins-drilling-giant-copper-project-in-mexico.html?utm_medium=feed" target="_blank" rel="noopener">Bob Moriarty assessed the copper market on June 16 and identified Algo Grande as a company that could contribute to meeting growing supply requirements</a>. Sonora accounts for about 80 percent of Mexico's copper output, and the district has a long history of large-scale production. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Two drill rigs are active at Cerro Grande, with Hole 2 reaching 424 meters of a planned 700-meter depth and Hole 3 advancing past 239 meters.</li> <li>Visual logging shows expanded copper mineralization, including 68.77 meters of visually observed copper-bearing core across a 154.4-meter interval in Hole 2 and copper mineralization within a combined 73.91-meter interval in Hole 3, including 37.42 meters of visually observed copper-bearing core.</li> <li>First core samples from Hole 2 reached the ALS laboratory in Hermosillo on August 7, with assay results expected to begin arriving in the coming weeks.</li> <li>A non-brokered private placement of up to 5 million shares at CA$0.60 aims to raise as much as CA$3 million to fund expanded exploration and working capital.</li> <li>Hole 3 remains in copper mineralization at depth, while Hole 2 continues to advance toward its planned 700-meter depth as drilling tests new ground beneath Cerro Grande.</li> <li>Copper market fundamentals point to a projected supply deficit of roughly 10 million tonnes by 2040, according to S&P Global, driven by data-center growth and grid expansion.</li> </ul> <h2 style="text-align: center;">Unique Technical Backing and Project Advantages</h2> The company benefits from tier-one technical support. <a href="https://www.streetwisereports.com/article/2026/04/02/copper-corp-advances-high-grade-porphyry-skarn-system-led-by-young-innovative-team.html?utm_medium=feed" target="_blank" rel="noopener">On April 2, Robert Sinn of Goldfinger described</a> the involvement of Peter Megaw of MAG Silver and Raymond Jannas of ATEX Resources. Both have track records in major discoveries. The project features multiple skarn zones and indications of a possible deeper porphyry system, with room for expansion across the large land package. <h2 style="text-align: center;">Phase 2 Drilling Catalysts at Cerro Grande</h2> <a href="https://www.streetwisereports.com/article/2026/08/11/copper-explorer-expands-skarn-system-in-sonora-mexico.html?utm_medium=feed" target="_blank" rel="noopener">Last week, Algo Grande reported additional results</a> from its Phase II drill campaign at Adelita, with drilling at Cerro Grande continuing to expand the known copper-mineralized footprint, <a href="https://algo-grande.com/news/algo-grande-provides-phase-ii-drill-update-hole-2-copper-zone-doubles-as-hole-3-delivers-extensive-new-interval-remains-mineralized-at-depth" target="_blank" rel="noopener">according to an August 11 release</a>. Hole 2 has outlined broader zones than previously reported, while Hole 3 intersected copper sulfides in garnet skarn approximately 105 meters above earlier Phase 1 mineralization, suggesting vertical continuity. Hole 3 remains in copper mineralization at depth, while Hole 2 continues to advance toward its planned 700-meter depth as drilling tests new ground beneath Cerro Grande. To support the expanded program, Algo Grande launched a non-brokered private placement of up to five million common shares at CA$0.60 per share for gross proceeds of as much as CA$3 million, <a href="https://algo-grande.com/news/algo-grande-copper-announces-3-million-private-placement-to-fund-expansion-of-phase-ii-exploration-program-at-the-adelita-project" target="_blank" rel="noopener">according to an August 13 release</a>. Proceeds will fund continued exploration at Adelita, along with operating expenses and working capital. Some insiders are expected to participate, which may qualify as a related-party transaction under MI 61-101, though the company plans to use available exemptions. <h2 style="text-align: center;">Industry Timing and Copper Supply Dynamics</h2> Copper prices reached a six-month high on tightening inventories at the London Metal Exchange, <a href="https://www.zawya.com/en/business/copper-prices-hit-6-month-peak-on-low-inventories-458604" target="_blank" rel="noopener">according to a report by Pratima Desai for Reuters that was published by ZAWYA on August 17</a>. A <a href="https://press.spglobal.com/2026-01-08-Substantial-Shortfall-in-Copper-Supply-Widens-as-the-Race-for-AI-and-Growing-Defense-Spending-Add-to-Accelerating-Demand,-New-S-P-Global-Study-Finds" target="_blank" rel="noopener">January 2026 study from S&P Global</a> projects global copper demand rising about 50 percent to 42 million metric tons by 2040 while supply peaks earlier, creating a roughly 10-million-tonne deficit. AI data centers and defense spending are expected to triple their copper consumption over the period, adding significant pressure on supply. <h2 style="text-align: center;"> Perspectives and Valuation Context</h2> 1Algo Grande Copper <a href="https://www.streetwisereports.com/article/2026/02/17/a-phase-two-copper-gold-drill-program-and-bullish-charts-is-it-time-to-buy.html?utm_medium=feed" target="_blank" rel="noopener">attracted the attention of technical analyst Stewart Thomson on Feb. 17</a>, when he gave the company a "Speculative Buy" rating and established short- and long-term price targets of CA$1 and CA$6, respectively. The current market capitalization stands near CA$24.88 million, providing leverage to positive drill results in a strengthening copper price environment. [OWNERSHIP_CHART-11488] <h2 style="text-align: center;">Share Structure and Upcoming Events2</h2> Algo Grande Copper Corp. has 42.34 million shares outstanding and a 52-week trading range of CA$0.35 to CA$1.00. Institutions hold 8 percent, management and insiders hold 40 percent, and retail investors hold the remaining 52 percent. Assay results from the current Phase 2 holes are the next major catalyst expected in the coming weeks. <h2 style="text-align: center;">Common Questions from Investors</h2> What is the current drilling status at Adelita? Two rigs are turning at Cerro Grande. Hole 2 has expanded visual copper zones significantly and is at 424 meters of a planned 700-meter depth, while Hole 3 has intersected broad mineralization and remains open below 239 meters. When are assay results expected? The first batch of Hole 2 core arrived at ALS Hermosillo on August 7. Results are anticipated to start arriving in the coming weeks, with a steady flow expected thereafter. How is the financing structured? Up to 5 million shares at CA$0.60 for gross proceeds of as much as CA$3 million. Funds support expanded exploration, operating costs, and working capital, with expected insider participation. What makes the copper market supportive right now? Tight LME inventories and record projected demand growth from AI and electrification point to structural deficits, according to recent S&P Global analysis. Retail investors should note that visual core logging provides early indications only, and true widths and grades will be confirmed by assays. The company continues to advance community relationships and infrastructure alongside drilling. [SMNLINSERT]Important Disclosures:<ol> <li>Algo Grande Copper Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Algo Grande Copper 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Disclosure for the quote from the Stewart Thomson article published on February 17, 2026 <ol start="1" type="1"> <li>For the quoted article (published on February 26, 2026), Algo Grande Copper 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> 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32222"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32222" width="0" height="0"> ( Companies Mentioned: ALGR:TSX.V, ) Tue, 18 Aug 2026 00:00:00 PST Getty Copper Returns 480 m at 0.34% Copper from Drill Program, More to Come https://www.streetwisereports.com/article/2026/08/17/getty-copper-returns-480-m-at-0-34-copper-from-drill-program-more-to-come.html Source: <a href="https://www.streetwisereports.com/article/2026/08/17/getty-copper-returns-480-m-at-0-34-copper-from-drill-program-more-to-come.html?utm_medium=feed">Streetwise Reports 08/18/2026</a> Getty Copper Inc. (GTC:TSX.V; GTCDF:OTCMKTS) released 9 drill hole results, including 480 m grading 0.34% copper, extending mineralization 60 m beyond historical drilling.Copper investors are taking note of results from a company that's gotten a "Best Buy" rating from one newsletter writer. <h2 style="text-align: center;">Key Takeaways</h2> <ul> <li>Getty Copper reported nine new assay results from nine new drill holes from Getty North, part of its 2026 spring drilling program in the Highland Valley District.</li> <li>Hole GN26-02 returned 480 m (meters) of 0.34% Cu (copper), including a stronger 117 m at 0.68% Cu from just 3 m depth.</li> <li>Hole GN26-11 returned 194 m of 0.62% Cu, including 69 m at 0.90% Cu from 30 m depth.</li> <li>Expansion drilling extended Getty North's known mineralization by 60 m, reaching over 230 m beyond historical holes across three cross sections.</li> <li>The spring program is complete — 28 holes, 10,807 m total — with assays still pending for three Getty North and 13 Getty South holes.</li> <li>Up to 5,000 more meters are planned this fall, targeting both resource expansion and new district-scale exploration targets.</li> </ul> <h2 style="text-align: center;">Nine Holes Confirm, Expand Resource</h2> Getty Copper Inc. (GTC:TSX.V; GTCDF:OTCMKTS) released a second batch of <a href="https://www.stockwatch.com/News/Item/Z-C!GTC-3850338/C/GTC" target="_blank" rel="noopener">assay results</a> from Getty North on August 11, 2026, part of its 2026 spring exploration program at the Getty Project in British Columbia's Highland Valley District. "This second batch of results from our 2026 spring drilling program is validating the thesis we set out at the beginning of the year: confirm the historical resource, demonstrate the potential to grow it, and materially advance our understanding of the geology across the Getty mineral claims. At Getty North, we are seeing strong consistency with the historical results, compelling near-surface grades, and mineralization extending well beyond previous drilling. Just as importantly, every hole is adding to our understanding of the system and helping us build a stronger geological foundation for the next phase of drilling," said CEO Ryan O'Regan in the release. The presented results cover nine drill holes located on three cross sections through the Getty North porphyry copper deposit, aimed at both confirming the historical resource and testing for expansion potential. Highlights included: <ul> <li>GN26-02: 480 m of 0.34% Cu and 0.6 g/t Ag (silver) from 3 m depth, including 117 m of 0.68% Cu and 1.1 g/t Ag from 3 m</li> <li>GN26-06: 462 m of 0.35% Cu and 0.5 g/t Ag from 12 m depth, including 168 m of 0.51% Cu and 0.7 g/t Ag from 150 m</li> <li>GN26-08: 324 m of 0.50% Cu and 0.8 g/t Ag from 33 m depth, including 57 m of 0.80% Cu and 1.7 g/t Ag from 36 m, and 72 m of 0.58% Cu and 0.8 g/t Ag from 237 m</li> <li>GN26-11: 194 m of 0.62% Cu and 0.9 g/t Ag from 27 m depth, including 69 m of 0.90% Cu and 1.3 g/t Ag from 30 m</li> <li>GN26-10: 72 m of 0.31% Cu and 0.5 g/t Ag from 45 m depth, including 39 m of 0.43% Cu and 0.6 g/t Ag from 66 m</li> <li>GN26-07: 183 m of 0.17% Cu and 0.3 g/t Ag from 439 m depth, including 35 m of 0.25% Cu and 0.4 g/t Ag from 442 m</li> <li>GN26-09: 81 m of 0.18% Cu and 0.2 g/t Ag from 399 m depth, and 69 m of 0.14% Cu and 0.2 g/t Ag from 633 m</li> <li>GN26-12: 172 m of 0.22% Cu and 0.3 g/t Ag from 288 m depth, including 45 m of 0.31% Cu and 0.4 g/t Ag from 300 m, and 86 m of 0.20% Cu and 0.3 g/t Ag from 547 m</li> </ul> The expansion holes extended known mineralization at Getty North, extending mineralization a further 60 m, to over 230 m beyond historical drilling. Resource confirmation holes were designed to drill down-plunge of the deposit, collecting multi-element assays under a full QA/QC protocol intended to upgrade the historical resource estimate to a modern standard and provide material for future metallurgical testwork. Several holes also intersected near-surface oxidized copper mineralization, which the company plans to characterize further through sequential leach assaying and mineralogical studies. Core logging showed that copper sulfide mineralization occurred predominantly as chalcopyrite with local bornite, appearing in vein stockworks, sheeted vein zones, and disseminations tied to a multiphase porphyry intrusion. The spring drilling program is now complete, totaling 28 holes and 10,807 m across Getty North and Getty South, with lower-than-budgeted drilling costs, allowing the company to drill more meters than the initially planned 8,000–10,000 m. Pending assay results for 16 more holes will be released as they become available. A Canadian company, Getty Copper, is focused on mineral exploration and development in British Columbia, Canada, specifically sourcing copper and molybdenum. <h2 style="text-align: center;">Copper Demand Rises Amid Tariffs</h2> 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." Last year, the looming potential of President Donald Trump's tariffs sent copper prices surging in the U.S. as American investors stockpiled the metal. 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&utm_campaign=9a3b541bbd-EMAIL_CAMPAIGN_2018_04_10_COPY_01&utm_medium=email&utm_term=0_2d6e7dc0d4-9a3b541bbd-606677560" target="_blank" rel="noopener">stated a March 6, 2026 article by Bloomberg News</a>. <a href="https://www.congress.gov/crs-product/IN12614" target="_blank" rel="noopener">Trump's July 30, 2025, proclamation</a> imposed a 50% Section 232 tariff on the copper input value of semi-finished copper and copper-intensive derivative products, effective August 1, 2025. Effective April 6, 2026, a 50% tariff was applied to the full value of semi-finished copper products, which collapsed the COMEX premium. This proclamation contemplated a phased universal duty on refined copper of 15% starting January 1, 2027, rising to 30% in 2028, subject to a presidential determination following the <a href="https://www.thompsonhine.com/insights/president-trump-announces-50-tariff-on-u-s-imports-of-copper/" target="_blank" rel="noopener">Commerce Department's June 30, 2026, report</a>. Refined copper remains exempt as of August 2026. Silver is up 1.22% coming out of the weekend, trading at <a href="https://www.kitco.com/charts/silver" target="_blank" rel="noopener">US$65.81</a> per ounce as of August 17, 2026. Higher demand from electric cars, solar panels, and data centers is expected to support silver prices going forward. <a href="https://www.jpmorgan.com/insights/global-research/commodities/silver-prices" target="_blank" rel="noopener">J.P. Morgan Global Research</a> forecasts silver averaging US$70 per ounce across 2026 and reaching US$63 per ounce in Q4, revised down from earlier levels as physical market tightness unwinds. The metals sector as a whole is 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 </a><a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Recycling Today</a>  said that the World Bank Group has predicted that global metals and minerals prices will rise 17% in 2026, part of a 16% rise across all commodities that would mark the first annual increase since 2022. <h2 style="text-align: center;">'Takeout Potential' as 'Clear as it Gets'</h2> <a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/a-new-best-buy-our-latest-copper-pick-reinforces-its-takeout-potential-plus-six-more-stock-updates-and-a-new-ground-truth-from-geologist-sharyn-alexander/#gc" target="_blank" rel="noopener">The Paydirt Prospector's</a> Jeff Clark, Daniel Flynn, and Sharyn Alexander weighed in on Getty Copper on August 13, 2026, arguing that the company's "takeout potential is about as clear as it gets." Their report stated that Getty Copper is following through on the intentions set out for its drill program, including: "confirm the historical porphyry resource, support a future higher-confidence resource estimate, and expand the deposit through step-out drilling." "The stock rose a whopping 27% on the day of the latest release, suggesting investors are beginning to understand what's happening here. The good news is there's much more to come. If [remaining] results are equally strong, Getty has a clear opportunity to capitalize on this growing momentum," the report said. In great praise, these experts gave the company a "Best Buy" rating, noting that they do not give that rating frequently or lightly. With an overweight position, they wrote: "Getty already had a clear takeout narrative. Now, drilling is repeatedly strengthening the case by confirming the historical resource and expanding mineralization over a larger area. The market is starting to notice. And there are clear catalysts on the way: assays in the near term, more drilling in the medium term, and a resource update further out. That's a very attractive setup." <h2 style="text-align: center;">5,000 More Meters of Drilling Planned in 2026</h2> According to the <a href="https://www.stockwatch.com/News/Item/Z-C!GTC-3850338/C/GTC" target="_blank" rel="noopener">press release</a>, Getty Copper plans up to 5,000 m of drilling later in 2026, targeting further resource expansion as well as new exploration opportunities. The company's <a href="https://gettycopper.com/investors/presentation/" target="_blank" rel="noopener">investor presentation</a> refers to 2026 as a "drilling year" but lays out 2027 as an anticipated "growth year," with the timeline as follows: <ul> <li>Q1 2027: anticipated completion of resource drilling and updated studies</li> <li>Q2 2027: continued drilling of exploration targets</li> <li>H2 2027: Assessing toll-milling vs. standalone development and creating an advance permitting strategy</li> </ul> <h2 style="text-align: center;">Ownership & Share Information1</h2> Getty Copper Inc. has a market cap of CA$66.24 million, with 73.09 million shares outstanding. The company's 52-week range is CA$0.50-CA$1.40. Institutions own 6.28% of shares, while Management & Insiders own 29.28%. The remaining 64.44% of shares are Retail. [OWNERSHIP_CHART-3679] <h2 style="text-align: center;">Frequently Asked Questions</h2> Q: What is a porphyry copper deposit? A: A porphyry copper deposit is a large mineral system in which copper is distributed through a network of veins and disseminated mineralization within or around an intrusive rock body. Porphyry deposits are an important source of the world's copper supply. Q: What is copper exploration drilling? A: Copper exploration drilling involves drilling into the ground to determine the location, thickness, and grade of copper mineralization. Drill cores are analyzed through laboratory assays to help geologists understand the size and characteristics of a potential deposit. Q: What is an assay result in mining? A: An assay is a laboratory analysis that determines the concentration of metals in a rock sample. Copper grades are commonly reported as a percentage, such as 0.50% copper, while precious metals such as gold and silver are often reported in grams per tonne. Q: What is step-out drilling? A: Step-out drilling is exploration drilling conducted beyond previously identified mineralization. It is used to determine whether a mineralized zone continues into areas that have not yet been tested and can help expand the potential size of a mineral deposit. Q: What is a mineral resource estimate? A: A mineral resource estimate is a technical assessment of the amount and grade of potentially economic mineralization identified within a deposit. Additional drilling, geological analysis, and other technical work can increase confidence in a resource estimate and help determine whether further development studies are warranted. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32219"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32219" width="0" height="0"> ( Companies Mentioned: GTC:TSX.V;GTCDF:OTCMKTS, ) Tue, 18 Aug 2026 00:00:00 PST Explorer Targeting High-Grade Gold in Quebec Sets New Start Date for Drilling https://www.streetwisereports.com/article/2026/08/17/explorer-targeting-high-grade-gold-in-quebec-sets-new-start-date-for-drilling.html Source: <a href="https://www.streetwisereports.com/article/2026/08/17/explorer-targeting-high-grade-gold-in-quebec-sets-new-start-date-for-drilling.html?utm_medium=feed">Streetwise Reports 08/18/2026</a> Harvest Gold Corporation (TSXV: HVG) is targeting a new start date for its planned second drill program at its Mosseau property. Find out when the company expects drills to start turning.<a href="https://www.streetwisereports.com/pub/co/299?utm_medium=feed" target="_blank" rel="noopener">Harvest Gold Corp. (HVG:TSX.V; HVGDF:OTCMKTS)</a> has rescheduled its planned second drill program at its Mosseau property and is targeting a new start date of October 5 following a request from the Lac Simon First Nation, <a href="https://www.harvestgoldcorp.com/news/news-details/2026/Harvest-Gold-Announces-Drilling-Delay-At-Mosseau/default.aspx" target="_blank" rel="noopener">the company said in an August 17 release</a>. The revised timeline would allow roughly 30 to 40 consecutive days of drilling, enough to complete the campaign by mid-November. The company said it remains fully financed for the program and has already established its drill targets. The program had originally been set to begin in July. The drill contractor arrived on site as planned on July 17 and was ready to commence work on July 20. Harvest Gold holds a three-year Authorization to Initiate Work (ATI) permit issued by the Quebec government in 2025, along with a forestry permit obtained in June 2026, and all planned targets sit in the central portion of the Mosseau property — close to the high-grade discovery hole Harvest Gold drilled in 2025 and within the area tested during that campaign. The change follows constructive discussions with the Lac Simon First Nation. On July 20, at the community's request, Harvest Gold agreed to delay the start of drilling and to meet with Band Council representatives on July 23. At that meeting, representatives asked Harvest Gold to finalize two agreements already under negotiation before drilling could proceed. The company responded with a written commitment to accelerate the discussions — targeting completion of one agreement by mid-August and the second by mid-September — while seeking Lac Simon's consent to begin drilling as negotiations continued. Harvest Gold welcomed the scheduling of a full Band Council meeting for August 4 and kept its contractor at the property in anticipation of a possible start. That meeting was ultimately held on August 10, followed by a second on August 12. The company said negotiations have since progressed substantially and that its relationship with the Lac Simon First Nation remains constructive, though the community continues to prefer that drilling wait until both agreements are complete. In response, Harvest Gold has agreed to honor that preference and intends to keep working toward a long-term, mutually beneficial relationship, the company said. On August 12, it notified its drilling contractor — a firm approved by Lac Simon — that the program would be rescheduled. The October 5 target is the day after the two-week hunting season in the central Mosseau area ends, giving the company the consecutive window it needs to finish by mid-November. Harvest Gold said additional details on its selected drill targets will be shared with the market in the coming weeks. <h2 style="text-align: center;">A Very Good Neighborhood</h2> Harvest Gold's flagship Mosseau project lies within the Urban Barry greenstone belt, a region that has become a major focus for Gold Fields Ltd. (GFI:NYSE; GFI:JSE) following its acquisition of Osisko. Gold Fields' Windfall deposit is located east of Harvest's property, and the company has subsequently assembled much of the surrounding ground, leaving Harvest's projects as some of the few properties in the belt outside Gold Fields' control. That neighboring position forms an important part of Harvest's investment thesis. The company is exploring Archean greenstone rocks similar to those that host Windfall's high-grade gold system and has positioned its approximately 51-kilometer contiguous land package along the belt as a "land play" aimed at attracting patient, asset-oriented investors. The strategy places Harvest's exploration ground next to a 3.2-million-ounce (Moz) deposit grading 8.1 g/t gold that underpinned a US$1.6-billion acquisition and shares the same structural setting that contributed to Windfall's value. "We imagined this 'land play' opportunity three years ago when we began our Quebec journey," Harvest Gold President and Chief Executive Officer Rick Mark has told Streetwise Reports. "We believe it changes the investment metrics when looking at Harvest Gold, and we hope to attract longer-term, asset-focused capital to come in beside our existing shareholders, the largest of which [is] Crescat Capital, who own 19.9%." <h2 style="text-align: center;">'An Exciting Year of Discovery'</h2> Harvest Gold's shares rose 11% on July 15 after the company announced the launch of its fully funded 2026 exploration campaign at Mosseau. The program calls for approximately 4,000 meters of diamond drilling designed to further evaluate the property's gold potential. The campaign is expected to comprise roughly 20 holes focused on the Kiask River Mineralized Corridor in the central part of Mosseau. Harvest Gold said the corridor contains its high-grade discovery, where previous drilling returned 105 grams per tonne (g/t) gold across 1.15 meters. The company intends to extend the known mineralized area while investigating other high-priority structural and geophysical targets identified through recent exploration. Mark said Harvest Gold entered the 2026 field season ready to use drilling to build on the previous year's breakthrough. "Our technical team has developed compelling drill targets that have the potential to significantly expand the Kiask River Mineralized Corridor while advancing our understanding of this emerging gold system," Mark said. "This 2026 program positions Harvest Gold for an exciting year of discovery." In June, the company announced that it had obtained the permits needed for the 2026 Mosseau drilling campaign after defining 50 targets along the 32-kilometer Kiask River Mineralized Corridor and narrowing those down to 20 priority targets for this year's program. Eleven of the priority targets are located within a 2-kilometer section associated with a magnetic-high anomaly, while Harvest Gold expects to drill at least eight holes within 500 meters of its earlier discovery hole. That hole returned 105 g/t gold over 1.15 meters. Mark said, "Last year, in our maiden drill program, we drilled 21 exploratory holes over approximately 9 kilometers of the Mosseau property. Since then, we have acquired 24 claims and (we will) fully control the Mosseau/La Belle property, which includes the entirety of the 32-kilometer-long Kiask River Mineralized Corridor. This year, after analyzing 2025 drill results, revisiting historical data bases and adding new geochemistry and prospecting results, we have 50 defined drill targets along the 32 kilometers, but will focus on 20 holes emanating from our 2025 Discovery Hole." Previous drilling in central Mosseau also identified a continuous gold-bearing corridor and produced additional high-grade results. Alongside the main discovery intersection, assays recorded 4.3 g/t silver and 464 parts per million copper. Other significant intersections included 0.5 g/t gold across 16.35 meters, 0.76 g/t gold over 5.85 meters and 0.22 g/t gold across 16 meters. Harvest Gold said its drilling has traced a mineralized zone as much as 16 meters wide over approximately three kilometers, with testing reaching depths of roughly 100 meters. <h2 style="text-align: center;">The Catalyst: Gold Is Climbing Again</h2> Gold prices moved higher Monday as a softer U.S. dollar and reduced expectations for a Federal Reserve interest-rate increase provided support, while investors remained focused on geopolitical developments in the Middle East, <a href="https://www.reuters.com/business/gold-gains-weaker-dollar-reduced-fed-rate-hike-bets-2026-08-17/" target="_blank" rel="noopener">according to a report by Sumit Saha for Reuters on August 17</a>. Spot gold gained 0.9% to US$4,417.24 an ounce by 1:34 p.m. ET, while U.S. gold futures for December delivery finished 0.8% higher at US$4,473.70. Bart Melek, global head of commodity strategy at TD Securities, said the gold market appears to be reflecting expectations for stagflation, with weaker employment conditions and an assumption that the Fed will accept current inflation levels, Saha noted. "A big factor here is the US dollar has weakened to a psychologically important 100 level," he said, according to the article. The dollar dropped to its weakest point in more than two months, increasing gold's appeal to investors using other currencies because the metal becomes less expensive for them. Markets also reduced expectations for a Fed rate increase following last week's softer-than-forecast U.S. payrolls figures and muted consumer inflation data. Investors are now looking ahead to minutes from the Fed's July meeting, scheduled for release Wednesday, for further indications about the central bank's approach to monetary policy. CME's FedWatch Tool indicated that traders see a 33% chance of a September rate increase, compared with 51.2% a month earlier. Because gold does not generate interest income, lower borrowing costs generally make the metal more attractive by reducing the opportunity cost associated with holding bullion. Meanwhile, Middle East tensions remained a source of uncertainty. A senior Iranian official told Reuters that Tehran would intensify tensions in the Strait of Hormuz and elsewhere in the region if diplomatic negotiations with the United States fail, signaling a potentially more aggressive stance. [OWNERSHIP_CHART-299] Gold prices have remained supported by recent economic data even as expectations for an imminent agreement involving Iran have weakened, while silver output continues to rise alongside a recovery in physical bar and coin demand from last month’s lows, according to precious metals analysts at Heraeus, <a href="https://www.kitco.com/news/article/2026-08-17/us-data-supports-gold-prices-despite-iran-pessimism-silver-production-soars" target="_blank" rel="noopener">Ernest Hoffman reported for Kitco News on August 17</a>. The analysts said gold traded mostly steady to moderately higher last week after a strong advance the previous week. The outlook for an agreement to reopen the Strait of Hormuz remains uncertain, with the analysts noting that oil shipments through the waterway have been nearly nonexistent since early July as inventories decline, while crude prices remain well below levels seen at the start of the conflict. "The fog has continued to hang thick around the negotiations, or lack thereof, surrounding a deal to reopen the Strait of Hormuz," they wrote. The Brent-WTI price gap stood near US$6 per barrel on August 14, wider than the US$4-per-barrel spread recorded when the United States was promoting the possibility of an agreement on August 5. Heraeus said recent macroeconomic figures have generally favored precious metals. Along with weak jobs data, the US CPI (3.4%) and PPI (4.7%) came in at or lower than estimated, the analysts wrote. "The net result of this led to a ~20 bp (basis point) reduction in the US two-year Treasury yield and a reduction in the implied probability of a September rate hike by the Fed from ~80% to ~35% since their respective late-July peaks," they said, according to Hoffman. Lower Treasury yields and reduced expectations for a September rate increase have therefore provided additional support for gold. <h2 style="text-align: center;">Ownership Share and Structure1</h2> Harvest Gold's management and board members own 5% of the company, and of these, President/CEO Rick Mark holds the greatest share. One institution, Crescat Capital LLC, has 19.9%. Other institutions own 11.5%. Retail investors own the rest. It has 179.38 million shares outstanding. Its market cap is CA$8.93 million. Its 52-week range is CA$0.04–CA$0.13 per share. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Harvest Gold Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. In addition, Harvest Gold Corp.has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Harvest Gold Corp.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32218"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32218" width="0" height="0"> ( Companies Mentioned: HVG:TSX.V;HVGDF:OTCMKTS, ) Tue, 18 Aug 2026 00:00:00 PST Wheaton Precious Metals Hits Record Revenue as Gold Holds Near $4,300 https://www.streetwisereports.com/article/2026/08/17/wheaton-precious-metals-hits-record-revenue-as-gold-holds-near-4-300.html Source: <a href="https://www.streetwisereports.com/article/2026/08/17/wheaton-precious-metals-hits-record-revenue-as-gold-holds-near-4-300.html?utm_medium=feed">Streetwise Reports 08/17/2026</a> Wheaton Precious Metals reported record first-half revenue of $1.8 billion, driven by higher realized prices and ounces sold. See the key production guidance, analyst ratings, and upcoming project catalysts for investors.Gold prices have held steady near US$4300 per ounce in 2026 after earlier volatility, creating a favorable backdrop for precious-metals streaming companies. <a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener">31%</a> gains from the prior August level and ongoing central-bank demand continue to support the sector. <a href="https://www.gold.org/goldhub/research/gold-mid-year-outlook-2026" target="_blank" rel="noopener">Gold.org</a> noted potential catalysts that could lift prices toward US$4500 or higher, while <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-price-outlook-could-prices-hit-6000-in-2026-150000589.html" target="_blank" rel="noopener">Yahoo Finance </a>highlighted reduced expectations for near-term rate hikes. <h2 style="text-align: center;">Why Wheaton Precious Metals Stands Out</h2> Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE) reported <a href="https://www.stockwatch.com/News/Item/Z-C!WPM-3849036/C/WPM" target="_blank" rel="noopener">Q2 2026 results</a> that underscore its position as a leading streaming company. The firm delivered record first-half revenue of US$1.8 billion and operating cash flow of US$1.4 billion, driven primarily by a 78% increase in its average realized gold-equivalent price and a 5% increase in gold-equivalent ounces sold. This performance reflects both higher metal prices and disciplined portfolio growth. <h2 style="text-align: center;">Streaming Business Model Explained</h2> Precious-metals streaming provides upfront capital to miners in exchange for the right to purchase future production at fixed prices. Wheaton benefits from low cash costs while avoiding direct mining risks. Its diversified portfolio spans gold, silver, palladium, and cobalt across multiple jurisdictions, supporting long-term production visibility. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Wheaton posted record first-half revenue of US$1.8 billion and operating cash flow of US$1.4 billion, driven primarily by a 78% increase in its average realized gold-equivalent price and a 5% increase in gold-equivalent ounces sold.</li> <li>The company's cash operating margin rose 65% to US$3,875 per gold-equivalent ounce sold, even as average cash costs increased to US$568/oz.</li> <li>Wheaton maintained 2026 guidance of 860,000-940,000 gold-equivalent ounces, with production forecast to reach approximately 1.2 million gold-equivalent ounces (GEOs) annually by 2030.</li> <li>Analysts from major banks reiterated Buy ratings with price targets between US$157 and US$179.43.</li> <li>Upcoming catalysts include Platreef's targeted Q4 2026 commercial production, Kurmuk's first gold expected within weeks of August startup, and El Domo's July 2027 commissioning target.</li> </ul> <h2 style="text-align: center;">Production Growth and 2026 Guidance</h2> Q2 attributable production reached 202,229 gold-equivalent ounces, up 6.3% year over year. First-half output totaled 414,755 ounces. Silver production rose 14.5% to 6.4 million ounces, while palladium and cobalt also increased. The company kept full-year guidance unchanged at 860,000940,000 gold-equivalent ounces and continues to project annual production of approximately 1.2 million ounces by 2030, sustained through 2035. <h2 style="text-align: center;">Industry Trends and Price Outlook</h2> <a href="https://www.recyclingtoday.com/news/world-bank-base-precious-metals-price-increases-2026-forecast/" target="_blank" rel="noopener">Brian Taylor of Recycling Today said </a>the World Bank expects its metals price index to rise 17% in 2026. Wheaton's low-cost streaming model is well-positioned to capture margin expansion in this environment. <h2 style="text-align: center;">Views and Valuation</h2> Peter Krauth of <a href="https://thegoldadvisor.com/silver-stock-investor/newsletters/macro-drivers-and-other-influences/" target="_blank" rel="noopener">The Silver Stock Investor</a> called the results tremendous and maintained a full portfolio weighting. Multiple firms reiterated Buy ratings, including RBC Capital at US$160, Stifel Nicolaus at US$179.43, Scotiabank at US$175, and Berenberg Bank at US$157. <h2 style="text-align: center;">Upcoming Project Catalysts</h2> Key near-term milestones listed in the <a href="https://www.stockwatch.com/News/Item/Z-C!WPM-3849036/C/WPM" target="_blank" rel="noopener">press release</a> include commercial production at Platreef in Q4 2026, first gold from Kurmuk shortly after August startup, oxide-circuit gold from Kon in late Q4 2026, and initial commissioning at El Domo in July 2027. <h2 style="text-align: center;">Share Structure and Ownership1</h2> Wheaton Precious Metals Corp. has a market cap of CA$83.43 billion, with 454.16 million shares outstanding. The 52-week range is CA$126.12-CA$226.28. Institutions hold 72.95% of shares, management and insiders own 0.12%, and retail investors hold the remaining 26.93%. [OWNERSHIP_CHART-291] <h2 style="text-align: center;">Common Questions from Investors</h2> Q: What is precious-metals streaming? A: Precious-metals streaming is a financing model in which a company provides upfront capital to a mining company in exchange for the right to purchase a portion of future metal production at an agreed price. Q: How does a precious-metals streaming company make money? A: A streaming company purchases metals from mining operators at predetermined prices and can then sell those metals at prevailing market prices. The difference can provide a source of revenue and cash flow. Q: What is gold equivalent production? A: Gold equivalent production combines the output of multiple metals into a single figure based on their relative values. It allows companies that produce gold, silver, and other metals to report their overall production in comparable gold-equivalent ounces. Q: What factors affect gold and silver prices? A: Gold and silver prices can be influenced by interest rates, inflation expectations, currency movements, central-bank activity, investment demand, industrial demand, geopolitical conditions, and changes in mine supply. Retail investors should weigh production guidance, margin trends, and project timelines when evaluating streaming equities like Wheaton. [SMNLINSERT]Important Disclosures:<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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32216"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32216" width="0" height="0"> ( Companies Mentioned: WPM:TSX; WPM:NYSE, ) Mon, 17 Aug 2026 00:00:00 PST Gold-Copper Producer Reports Q2 Output as Metals Prices Rise https://www.streetwisereports.com/article/2026/08/17/gold-copper-producer-reports-q2-output-as-metals-prices-rise.html Source: <a href="https://www.streetwisereports.com/article/2026/08/17/gold-copper-producer-reports-q2-output-as-metals-prices-rise.html?utm_medium=feed">Streetwise Reports 08/17/2026</a> Rio2 Ltd. delivered 13,539 ounces gold and 9.3 million pounds copper in Q2 while metals prices climbed, with Fenix ramp-up and Condestable cash flows supporting long-term plans.Rio2 Ltd. (RIO:TSX; RIOFF:OTCQX; RIO:BVL) delivered consolidated Q2 2026 production of 13,539 ounces of gold, 75,437 ounces of silver, and 9,296,883 pounds of copper from its two operating mines. Retail investors tracking dual-commodity producers are watching how rising gold, silver, and copper prices intersect with operational progress at both assets. Current metals markets present a clear backdrop for companies with existing output. Copper futures traded around US$6.55 per pound on August 17, easing to a two-week low after touching a record US$6.77 earlier in the month as global supply tightened. Silver climbed toward US$66 per ounce, up more than 72 percent year-over-year. Gold advanced toward US$4,400 per ounce, gaining nearly 34 percent over the prior twelve months. <h2 style="text-align: center;">Why Rio2 Stands Out in the Current Price Environment</h2> Rio2 operates two producing mines that generate revenue from gold, silver, and copper simultaneously. This mix provides exposure to both precious and base metals without requiring investors to hold multiple single-commodity names. Consolidated revenue reached US$105.3 million in the quarter, including copper sales of US$52.2 million, gold sales of US$47.0 million, and silver sales of US$4.3 million. Net income attributable to shareholders totaled US$46.8 million, or US$0.08 per diluted share. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Rio2 generated US$105.3 million in Q2 revenue and US$46.8 million in net income while both mines advanced operational goals.</li> <li>Fenix Gold produced 9,088 ounces of gold during its ramp-up phase, with ore mining rising from 13,600 tonnes per day in April to 16,100 tonnes per day in June.</li> <li>Condestable delivered steady copper output of 9.30 million pounds plus byproduct gold and silver, maintaining 2026 guidance of 21,500 to 23,500 tonnes payable copper equivalent.</li> <li>Extreme weather late in the quarter deferred roughly 5,000 ounces of Fenix production, prompting the company to defer prior 2026 gold guidance.</li> <li>Analysts at Atrium Research kept a BUY rating and CA$5.75 target, citing continued progress toward commercial production targeted for Q4 2026.</li> <li>Exploration drilling restarted at Fenix for the first time since 2014, with a 23,190-meter program now 50 percent complete.</li> </ul> <h2 style="text-align: center;">Unique Two-Mine Business Model Supports Cash Flow Stability</h2> The company combines a ramping gold mine in Chile with a steady-state copper-gold-silver mine. The company reported financial <a href="https://www.rio2.com/post/rio2-reports-q2-2026-financial-and-operating-results-and-webinar" target="_blank" rel="noopener">and operating results for the three months ended June 30, 2026, with consolidated quarterly production of 13,539 ounces of gold, 75,437 ounces of silver, and 9,296,883 pounds of copper from its Fenix Gold Mine and Condestable Copper Mine.</a> This structure allows Condestable cash flows to offset Fenix development costs during the ramp-up period. Adjusted net income, a non-IFRS measure, reached US$17.1 million, or US$0.03 per diluted share. EBITDA totaled US$76.2 million and adjusted EBITDA US$46.5 million. Income from mine operations was US$39.2 million. <h2 style="text-align: center;">Fenix Gold Ramp-Up Details and Recent Milestones</h2> Fenix Gold mined 2.57 million tonnes in the quarter, stacking 1.30 million tonnes on the leach pad at an average head grade of 0.462 grams per tonne gold. Gold sales totaled 6,814 ounces at an average realized price of US$4,163 per ounce. Cash costs came in at US$2,701 per ounce sold, all-in sustaining costs US$2,873 per ounce, and all-in costs US$3,392 per ounce. These figures were elevated by unsold doré inventory of 3,343 ounces remaining at quarter end. <a href="https://www.rio2.com/post/rio2-reports-q2-2026-financial-and-operating-results-and-webinar" target="_blank" rel="noopener">Processing plant performance also improved during the quarter,</a> with leach solution throughput rising to 16,300 cubic meters per day by June. The company resolved earlier truck-driver shortages through retention bonuses and roster adjustments and completed the transition to larger 42-tonne trucks owned by contractor STRACON. <h2 style="text-align: center;">Condestable Continues to Deliver Consistent Output</h2> Condestable processed 725,970 tonnes at average grades of 0.66 percent copper, 0.24 grams per tonne gold, and 3.88 grams per tonne silver. Recoveries reached 88.05 percent for copper, 79.70 percent for gold, and 82.23 percent for silver. The mine produced 9.30 million pounds of copper, 4,451 ounces of gold, and 74,374 ounces of silver, all in concentrate. Copper cash costs were US$2.34 per pound, all-in sustaining costs US$3.10 per pound, and all-in costs US$3.64 per pound. The company kept 2026 production guidance unchanged. <h2 style="text-align: center;">Industry Timing and Upcoming Catalysts</h2> <a href="https://www.rio2.com/_files/ugd/d7ae14_0a142029512b47b7858918aeddec635f.pdf" target="_blank" rel="noopener">At Fenix Gold, Rio2 expects ore production to reach 20,000 tonnes per day during Q3 2026.</a> Mining at Fenix Central is scheduled to begin in the same quarter, and higher-grade ore above 0.4 grams per tonne gold should return in the second half of the year. Commercial production at Fenix remains targeted for Q4 2026. The 23,190-meter exploration program at Fenix, backed by a US$9.5 million budget, aims to upgrade Inferred resources and expand the resource shell. At Condestable, approval of the environmental impact assessment modification that would allow 10,000 tonnes per day capacity is expected in Q3. The dry-stack tailings filter plant was in commissioning through Q2 and is producing filtered tailings, with incorporation into operations during Q3 2026. The ore-sorting pilot plant is due before November 2026. <h2 style="text-align: center;">Views and Valuation Context</h2> Atrium Research maintained a BUY rating and CA$5.75 per-share target, noting steady progress at both operations and highlighting 20,000 tonnes per day at Fenix as a key Q3 metric. <a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/a-new-best-buy-our-latest-copper-pick-reinforces-its-takeout-potential-plus-six-more-stock-updates-and-a-new-ground-truth-from-geologist-sharyn-alexander/#r2" target="_blank" rel="noopener">On August 13, Jeff Clark and Daniel Flynn wrote in a Paydirt Prospector update that Rio2's Q2 results were "a mixed bag,"</a> while acknowledging operational improvements and the value of Condestable cash flows. The analysts kept a HOLD recommendation but described Rio2 as a strong two-asset producer with long-term growth potential. [OWNERSHIP_CHART-9887] <h2 style="text-align: center;">Share Structure and Liquidity Snapshot1</h2> As of August 17, Rio2 had a market capitalization of CA$1.41 billion with 548.47 million shares outstanding. The 52-week trading range was CA$1.36 to CA$4.09. Institutions held 20.19 percent, management and insiders 6.93 percent, and retail investors the remaining 72.88 percent. Cash stood at US$49.7 million at quarter end. <h2 style="text-align: center;">Common Questions from Investors</h2> What were the main drivers of Q2 revenue? Revenue came from copper sales of US$52.2 million, gold sales of US$47.0 million, and silver sales of US$4.3 million, reflecting output from both Fenix Gold and Condestable. Why was the 2026 Fenix guidance deferred? Extreme snow and cold late in the quarter deferred approximately 265,000 tonnes of ore mining and 5,000 ounces of gold production, introducing near-term uncertainty during the ramp-up. When is commercial production expected at Fenix? Rio2 continues to target Q4 2026 for commercial production after ore mining reaches 20,000 tonnes per day in Q3. What expansion work is planned at Condestable? The company awaits Q3 approval of an environmental impact assessment modification that would raise processing capacity to 10,000 tonnes per day, supported by an ore-sorting pilot plant arriving before November. How are exploration programs progressing? The 23,190-meter Fenix drilling program is 50 percent complete, while the 46,480-meter Condestable underground program is 45 percent complete, both aimed at resource replacement and expansion. Rio2 offers retail investors exposure to rising metals prices through two operating mines that are advancing distinct operational milestones. The combination of current production, ongoing ramp-up at Fenix, and steady output at Condestable creates a balanced profile for those seeking gold and copper leverage in a single equity. [SMNLINSERT]Important Disclosures:<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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32215"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32215" width="0" height="0"> ( Companies Mentioned: RIO:TSX;RIOFF:OTCQX;RIO:BVL, ) Mon, 17 Aug 2026 00:00:00 PST Copper Explorer Expands High-Grade Copper System, Mexico https://www.streetwisereports.com/article/2026/08/17/copper-explorer-expands-high-grade-copper-system-mexico.html Source: <a href="https://www.streetwisereports.com/article/2026/08/17/copper-explorer-expands-high-grade-copper-system-mexico.html?utm_medium=feed">Streetwise Reports 08/17/2026</a> Algo Grande Copper Corp. (ALGR:TSX.V) is pushing ahead with exploration at its wholly owned Adelita project in Sonora, Mexico. Find out why one expert thinks the company is positioned well to supply growing demand for the red metal.<a href="https://www.streetwisereports.com/pub/co/11488?utm_medium=feed" target="_blank" rel="noopener">Algo Grande Copper Corp. (ALGR:TSX.V)</a> is pushing ahead with exploration at its wholly owned Adelita project in Sonora, Mexico, where two drill rigs are currently turning at the Cerro Grande target as part of the company's ongoing Phase 2 campaign, <a href="https://algo-grande.com/news/algo-grande-copper-announces-3-million-private-placement-to-fund-expansion-of-phase-ii-exploration-program-at-the-adelita-project" target="_blank" rel="noopener">according to an August 13 release</a>. The drilling builds on Algo Grande's August 11 update, which reported broader copper mineralization in holes 2 and 3, and on the delivery of the first core samples to ALS's Hermosillo laboratory on August 7, with assay results anticipated in the coming weeks. To keep that work advancing, Algo Grande has launched a non-brokered private placement of up to five million common shares at CA$0.60 per share for gross proceeds of as much as CA$3 million. The company will direct the proceeds toward continued exploration at Adelita, along with additional operating expenses and general working capital needs. "In under a year, we have gone from a data package to a fully staffed team on the ground, advancing Adelita across exploration, infrastructure and community relationships," Algo Grande Chief Executive Officer Enrico Gay said. "The results to date in our phase 2 drill program give us confidence to expand our exploration program and continue advancing the project with momentum." The company said it expects some insiders to participate in the financing. Such participation could qualify as a related-party transaction under Multilateral Instrument 61-101, or MI 61-101, which governs transactions involving the protection of minority security holders. Algo Grande plans to use available exemptions from the formal valuation and minority shareholder approval provisions under MI 61-101. <h2 style="text-align: center;">The Catalyst: Assay Results Expected in Coming Weeks</h2> <a href="https://www.streetwisereports.com/article/2026/08/11/copper-explorer-expands-skarn-system-in-sonora-mexico.html?utm_medium=feed" target="_blank" rel="noopener">Last week, Algo Grande reported additional results</a> from its Phase II drill campaign at Adelita, with drilling at Cerro Grande continuing to expand the known copper-mineralized footprint, <a href="https://algo-grande.com/news/algo-grande-provides-phase-ii-drill-update-hole-2-copper-zone-doubles-as-hole-3-delivers-extensive-new-interval-remains-mineralized-at-depth" target="_blank" rel="noopener">according to an August 11 release</a>. Hole AG_CG_PH2_002 (Hole 2) has outlined 68.77 meters of visually copper-bearing core across a combined mineralized span of 154.4 meters, more than twice the extent described in the company's previous update. The company has also submitted the first portion of Hole 2 core for assay. At the same time, Hole AG_CG_PH2_003 (Hole 3), drilled using a second track-mounted rig, has encountered a broad copper sulfide-bearing zone within garnet skarn and retrograde exoskarn. Hole 2 has expanded the copper-bearing area beneath Cerro Grande, adding support to the potential scale of the mineralized system. Hole 3 encountered copper mineralization across a combined 73.91-meter interval, including 37.42 meters of visibly mineralized core and a significant section toward the lower part of the hole. The intersection occurs approximately 105 meters vertically above mineralization identified in Hole 2 during the Phase I program, which Algo Grande said provides an early indication of vertical continuity through Cerro Grande and suggests the system extends deeper. "Hole 2's expanding copper zone and Hole 3's extensive new interval are building a compelling case for scale at Cerro Grande — though we are still early in testing this system," CEO Gay said. "We expect assays from this drill program to start coming out in the next few weeks, kicking off a steady flow of results from ALS as we move forward." Both rigs continue drilling, with Hole 2 reaching 424 meters toward its planned 700-meter depth and Hole 3 advancing beyond 239 meters as the company tests previously unexplored ground below Cerro Grande. Algo Grande said the first batch of Hole 2 core reached the ALS laboratory in Hermosillo on August 7, with assay results expected to begin arriving in the coming weeks. Hole 2 initially encountered copper more than 100 meters above the zone the company had expected to mineralize, identifying two intervals within a 30.23-meter section from 146.70 to 176.93 meters. The mineralization occurs mainly within massive brown garnet-dominant skarn and, for the first time in the current program, an andesitic porphyry intrusion. Drilling subsequently identified a broader mineralized section extending 108.2 meters from 192.9 to 301.1 meters, where six copper-bearing intervals collectively account for 40.4 meters of visually mineralized core. The material occurs in retrograde exoskarn and contains chalcocite, chalcopyrite, bornite, covellite and chrysocolla. The longest individual interval measures 19.22 meters, while molybdenite appears intermittently, including within a 3.06-meter section. At Hole 3, copper mineralization extends from 165.74 to 239.65 meters across the combined 73.91-meter interval, with 37.42 meters of visually mineralized core. The upper zone covers 42.03 meters and contains six copper-bearing sections totaling 14.86 meters of visible mineralization within garnet-rich skarn featuring strong prograde alteration. Algo Grande identified bornite, chalcocite and covellite, along with trace chalcopyrite, occurring as patches and veinlets. A second zone spans 31.88 meters and contains 22.56 meters of visually mineralized core, primarily hosted by retrograde exoskarn with chalcocite, covellite, chalcopyrite, bornite, chrysocolla and minor native copper; chrysocolla also occurs locally alongside calcite veinlets. Algo Grande emphasized that the reported mineralization is based only on visual core logging, and Hole 3 has not yet generated assay results or established true widths. Drilling was still encountering copper mineralization at 239.65 meters when the update was issued, indicating that the Cerro Grande mineralized system remains open at depth. <h2 style="text-align: center;">Expert: 'I'm in Love With the Story'</h2> <a href="https://www.streetwisereports.com/article/2026/06/16/co-begins-drilling-giant-copper-project-in-mexico.html?utm_medium=feed" target="_blank" rel="noopener">Bob Moriarty assessed the copper market on June 16 and identified Algo Grande as a company that could contribute to meeting growing supply requirements</a>. Moriarty said, "The world needs more copper. A great deal more. Fortunately, Dr. Peter Megaw has been turning up enormous copper deposits across Northern Mexico, with Sonora alone accounting for 80% of the country's copper output . . . Not many realize it, but Peter is largely behind most of what's advanced in Mexican mining over the past three decades. He committed to Mexico back when the rest of the industry steered clear of it, put off by the country's shortsighted and damaging policies." "The Adelita copper project is his pet venture. It's now wholly held by Algo Grande, a fledgling company that only acquired Adelita about a year ago. The deal they struck was remarkable — essentially an all-stock arrangement to take 100% of the 5,895-hectare property in Southern Sonora, with only a modest cash component," Moriarty wrote. Moriarty said he has remained interested in Algo Grande since it acquired Adelita and has become increasingly optimistic about the project. "I'm in love with the story. I had an hour-long call with management a couple of months ago, but held off writing anything until they'd actually launched the pivotal 8,000-meter Phase II work. Phase I offered strong hints of a sizable deposit; Phase II could outline a district-scale copper play. My sense is that most resource investors keep their eyes on gold and silver, both of which have bounced around lately, while copper has quietly climbed to the steepest price ever recorded." <a href="https://www.streetwisereports.com/article/2026/04/02/copper-corp-advances-high-grade-porphyry-skarn-system-led-by-young-innovative-team.html?utm_medium=feed" target="_blank" rel="noopener">On April 2, Robert Sinn of Goldfinger described</a> the company as having "tier-one technical backing," pointing to the involvement of Peter Megaw of MAG Silver and Raymond Jannas of ATEX Resources, both of whom have been involved in significant exploration programs. Sinn also highlighted Algo Grande's high-grade copper discovery, several skarn zones, the possibility of a deeper porphyry system and opportunities to expand the project as attributes that could draw investor interest. 1Algo Grande Copper <a href="https://www.streetwisereports.com/article/2026/02/17/a-phase-two-copper-gold-drill-program-and-bullish-charts-is-it-time-to-buy.html?utm_medium=feed" target="_blank" rel="noopener">attracted the attention of technical analyst Stewart Thomson on Feb. 17</a>, when he gave the company a "Speculative Buy" rating and established short- and long-term price targets of CA$1 and CA$6, respectively. <h2 style="text-align: center;">AI's Need for Electricity Is Reshaping the Copper Market</h2> Copper prices climbed to their highest level in more than six months Monday as traders focused on tightening availability at the London Metal Exchange, where warehouse inventories have fallen to their lowest point since February, <a href="https://www.zawya.com/en/business/copper-prices-hit-6-month-peak-on-low-inventories-458604" target="_blank" rel="noopener">according to a report by Pratima Desai for Reuters that was published by ZAWYA on August 17</a>. Benchmark copper gained 0.9% to US$14,290 per metric ton at 0923 GMT after reaching an earlier high of US$13,396, the report noted. The metal, widely used in power infrastructure and construction, previously established a record high of US$14,527.5 in January. Copper stocks held in LME-approved warehouses have dropped by half since May to below 210,000 tons as traders transferred material to the United States in anticipation of possible tariffs on refined copper imports, Desai wrote. Cancelled warrants, which represent metal designated for removal from the exchange's warehouse network, accounted for 50% of stocks, pointing to the possibility of further inventory withdrawals. "Although the official data is not yet published, we expect to see record high imports for July. They've been high all year," said Albert Mackenzie, analyst at Benchmark Mineral Intelligence, according to the article. A <a href="https://press.spglobal.com/2026-01-08-Substantial-Shortfall-in-Copper-Supply-Widens-as-the-Race-for-AI-and-Growing-Defense-Spending-Add-to-Accelerating-Demand,-New-S-P-Global-Study-Finds" target="_blank" rel="noopener">January 2026 study from S&P Global</a>, "Copper in the Age of AI: The Challenges of Electrification," shows how the electricity buildout behind artificial intelligence is reshaping the copper market. The study projects global electricity demand rising nearly 50% by 2040 — the equivalent of adding roughly 330 Hoover Dams' worth of capacity each year — and copper demand climbing about 50% to 42 million metric tons over the same span. Supply, by contrast, is set to peak in 2030 at 33 million tons, leaving a projected deficit of 10 million tons by 2040, or about 25% below demand, even after recycled copper scrap more than doubles.[OWNERSHIP_CHART-11488] AI and data centers are a central new driver in that math. S&P Global expects total installed data-center capacity to reach roughly 550 gigawatts by 2040 — more than five times its 2022 level — and estimates that AI/data-center demand and defense demand will each roughly triple by 2040, together adding about 4 million tons of copper consumption. "Economic demand, grid expansion, renewable generation, AI computation, digital industries, electric vehicles and defense are scaling all at once — and supply is not on track to keep pace," said S&P Global Vice Chairman Daniel Yergin, who co-chaired the study. "At stake is whether copper remains an enabler of progress or becomes a bottleneck to growth and innovation." Closing that gap is a slow proposition: the study notes it takes 17 years on average for a new copper mine to advance from discovery to production, and warns that without significant investment, primary supply could actually slip to 22 million tons by 2040 — a million tons below today's output. The report calls the shortfall a "systemic risk for global industries, technological advancement and economic growth," framing domestic copper development as an increasingly strategic priority. <h2 style="text-align: center;">Ownership and Share Structure2</h2> Algo Grande Copper Corp. has a market cap of CA$24.88 million, with 42.34 million shares outstanding. The company's 52-week range is CA$0.35-CA$1.00. Institutions own 8% of shares, while Management & Insiders own 40%. The remaining 52% of shares are held by Retail. <h2 style="text-align: center;">Common Investor Questions</h2> What did Algo Grande announce? On August 14, 2026, Algo Grande Copper Corp. (ALGR:TSX.V) launched a non-brokered private placement to fund continued and expanded exploration at its wholly owned Adelita project in Sonora, Mexico, where two drill rigs are turning at the Cerro Grande target in an ongoing Phase 2 campaign. What are the terms of the financing? Up to 5 million common shares at CA$0.60 each for gross proceeds of as much as CA$3 million. Proceeds go toward continued exploration at Adelita plus operating expenses and general working capital. Some insiders are expected to participate, which could make it a related-party transaction under MI 61-101 — though Algo Grande plans to rely on the standard valuation and minority-approval exemptions. Why raise money now? CEO Enrico Gay says the Phase 2 results to date give the company "confidence to expand our exploration program," having gone "from a data package to a fully staffed team on the ground" in under a year. Raising at CA$0.60 — roughly the market price — funds the momentum without waiting on assays. What's the drilling status? Two rigs are active at Cerro Grande. Hole 2 outlined 68.77 meters of visually copper-bearing core over a 154.4-meter span (more than double the prior update) and has reached 424 of a planned 700 meters; Hole 3 hit a combined 73.91-meter interval (37.42 meters visual core) and, at ~105 meters above the Phase I discovery hole, points to vertical continuity, with the system still open at depth past 239.65 meters. When do assays come? The first Hole 2 core reached ALS's Hermosillo lab on August 7, and Gay expects assays "to start coming out in the next few weeks." Note the current figures are visual logging only — no assays or true widths yet. Why is the copper backdrop a tailwind? Copper is at a six-month high on tight LME inventories (lowest since February) as metal moves to the U.S. ahead of possible tariffs. Longer term, an S&P Global study projects copper demand rising ~50% to 42 million tonnes by 2040 while supply peaks in 2030 — a ~10-million-tonne deficit — driven substantially by AI data centers and grid electrification, which S&P calls a "systemic risk." <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Algo Grande Copper Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Algo Grande Copper Corp.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Disclosure for the quote from the Stewart Thomson article published on February 17, 2026 <ol start="1" type="1"> <li>For the quoted article (published on February 26, 2026), Algo Grande Copper 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> 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32214"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32214" width="0" height="0"> ( Companies Mentioned: ALGR:TSX.V, ) Mon, 17 Aug 2026 00:00:00 PST Agnico Beats Again With Costs Under Control https://www.streetwisereports.com/article/2026/08/17/agnico-beats-again-with-costs-under-control.html Source: <a href="https://www.streetwisereports.com/article/2026/08/17/agnico-beats-again-with-costs-under-control.html?utm_medium=feed">Adrian Day 08/17/2026</a> Global Analyst Adrian Day reviews more earnings reports from a top gold company and one of his favorite high-yield companies.Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) saw a small production beat when it reported its second-quarter results, which, together with lower-than-expected operating costs, saw record Free Cash Flow and a record capital return (dividend and share buybacks), despite an 8% drop in the average gold price for the quarter and oil over $100/bbl. Several mines had record quarterly output, including Detour, Kittila, and Meliadine. All-in Sustaining Costs (AISC) at $1,459/oz were helped by the high U.S. dollar (reducing costs outside the U.S.) as well as strong by-product prices. The company reiterated its full-year production guidance, albeit at the lower end, despite the suspension of mining at the Barnat pit. Some 40% of the $3.5 billion of operating cash flow in the first half was allocated to ongoing capital investments (including acquisitions), while 30% was returned in the form of dividends and share buybacks. Looking ahead, five development projects are advancing, including the shaft sinking at Odyssey (underground Malartic), Upper Beaver, and Hope Bay, ensuring a steady pipeline in the years ahead. Agnico is best in class among major gold producers, and a Buy. <h2 style="text-align: center;">Fortuna To Go Ahead With Next Stage of Growth</h2> Fortuna Mining Corp. (FSM:NYSE; FVI:TSX; FVI:BVL; F4S:FSE) approved a 30% capacity increase at its Séguéla mine in Côte d'Ivoire. The expansion, which will also see improved recoveries to nearly 95%, will be funded by current liquidity and cash flow, with construction expected to begin later this year. The Sunbird underground deposit at the mine was also approved, with mining expected to commence in the second quarter of 2027. The expansion approval had been expected. Among the mid-tier producers, Fortuna is a strong buy. <h2 style="text-align: center;">Ares Reports Slightly Down Quarter, but Metrics Still Strong</h2> Ares Capital Corp. (ARCC:NASDAQ) reported a slightly down quarter, though still strong, with an optimistic outlook. Earnings remained just below the dividend, though spillover income supports the payment, while management is confident that modest leverage and long-term earnings power support the dividend over time. Widening spreads and new investments suggest the potential for earnings, once again, to exceed the dividend in the period ahead. The company has spillover income equivalent to almost three-quarters of dividend payments. The quarter was poor for closings on new loans, but activity picked up towards the end of the quarter, with an improved pipeline of opportunities, with higher fees and stronger terms, particularly in the "upper-middle market" where there is less competition. <h2 style="text-align: center;">Credit Ranking Better Than History, Better Than Sector</h2> Credit remains solid overall, despite nonaccruals edging higher, though at 2.4% at cost, they are still well below Ares' post-GFC historical levels (3%) and the BDC sector's average (approximately 4%). Companies rated in the lowest two of four grades are again below Ares' longer-term average level and also "meaningfully lower" than those rated 4, which indicates companies outperforming original expectations. Declining marks on some loans in the quarter led to a small decline in net asset value, down 1.2% on the prior quarter. Ares is in a strong position, with $6 billion in available liquidity. It repaid $1 billion on unsecured notes, though it also raised additional debt of almost $1.2 billion, lowering borrowing costs, extending maturities, and diversifying funding sources. Leverage at moderately over 1x is low, and in the middle of Ares's own conservative range. The largest and highest-rated BDC, it is well diversified (619 portfolio companies, with no single investment over 1.3% of the portfolio). Trading slightly below NAV, and yielding over 10% (close to the high, other than during the depths of COVID, back to GFC). For long-term income-oriented investors, Ares is a Buy. TOP PICKS this week, in addition to the above OR Royalties (OR:TSX; OR:NYSE), Royal Gold Inc. (RGLD:NASDAQ), Pan American Silver Corp. (PAAS:TSX; PAAS:NYSE), and Lara Exploration Ltd. (LRA:TSX.V). [SMNLINSERT]Important Disclosures:<ol> <li>Adrian Day: I, or members of my immediate household or family, own securities of: All. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: All. I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Adrian Day Disclosures Adrian Day’s Global Analyst is distributed for $990 per year by Investment Consultants International, Ltd., P.O. Box 6644, Annapolis, MD 21401. (410) 224-8885. www.AdrianDayGlobalAnalyst.com. Publisher: Adrian Day. Owner: Investment Consultants International, Ltd. Staff may have positions in securities discussed herein. Adrian Day is also President of Global Strategic Management (GSM), a registered investment advisor, and a separate company from this service. In his capacity as GSM president, Adrian Day may be buying or selling for clients securities recommended herein concurrently, before or after recommendations herein, and may be acting for clients in a manner contrary to recommendations herein. This is not a solicitation for GSM. Views herein are the editor’s opinion and not fact. All information is believed to be correct, but its accuracy cannot be guaranteed. The owner and editor are not responsible for errors and omissions. © 2023. Adrian Day’s Global Analyst. Information and advice herein are intended purely for the subscriber’s own account. Under no circumstances may any part of a Global Analyst e-mail be copied or distributed without prior written permission of the editor. Given the nature of this service, we will pursue any violations aggressively.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32213"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32213" width="0" height="0"> ( Companies Mentioned: AEM:TSX; AEM:NYSE, ARCC:NASDAQ, FSM:NYSE; FVI:TSX; FVI:BVL; F4S:FSE, ) Mon, 17 Aug 2026 00:00:00 PST Portugal Tungsten Explorer Applies for Nasdaq Listing https://www.streetwisereports.com/article/2026/08/17/portugal-tungsten-explorer-applies-for-nasdaq-listing.html Source: <a href="https://www.streetwisereports.com/article/2026/08/17/portugal-tungsten-explorer-applies-for-nasdaq-listing.html?utm_medium=feed">Streetwise Reports 08/17/2026</a> Allied Critical Metals seeks a Nasdaq listing while advancing its Borralha and Vila Verde tungsten projects in Portugal amid rising prices and tight global supply.Global demand for tungsten continues to climb as defense, aerospace, and industrial sectors require more of the hard metal used in cutting tools and high-temperature parts. <a href="https://www.streetwisereports.com/pub/co/11251?utm_medium=feed" target="_blank" rel="noopener">Allied Critical Metals Inc. (ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE) </a>has positioned itself in this market by developing two projects in Portugal and recently <a href="https://www.stockwatch.com/News/Item/Z-C!ACM-3851374/C/ACM" target="_blank" rel="noopener">applied to list its common shares on the Nasdaq Capital Market as the company continues work on its Borralha and Vila Verde tungsten projects in Portugal.</a> <h2 style="text-align: center;">Why Tungsten Supply Risks Create Opportunity for Diversified Producers</h2> China controls roughly 80 percent of global tungsten mine output, leaving buyers exposed to export controls and sudden policy shifts. Recent reports show prices have jumped sharply from around US$400 per MTU to more than US$3,000 per MTU in a single year. <a href="https://www.fortunebusinessinsights.com/tungsten-market-115884" target="_blank" rel="noopener">According to a July 27 report from Fortune Business Insights,</a> the market stood at US$5.43 billion in 2025 and is projected to reach US$9.19 billion by 2034 at a 6 percent compound annual growth rate. This concentration of supply and sustained industrial demand forms the backdrop for companies seeking new sources outside Asia. Retail investors new to the sector should note that tungsten is measured in metric ton units (MTU), with one MTU equaling 10 kilograms of contained tungsten trioxide. The metal is difficult to substitute in cemented carbides that make up 60 to 65 percent of consumption, mainly for drilling equipment and wear-resistant components. <h2 style="text-align: center;">How Allied Critical Metals Differentiates Itself in the Tungsten Space</h2> Allied Critical Metals is advancing two Portuguese assets that offer different timelines. Vila Verde targets near-term pilot production, while Borralha offers longer-term resource growth. <a href="https://www.stockwatch.com/News/Item/Z-C!ACM-3851374/C/ACM" target="_blank" rel="noopener">Roy Bonnell, Chief Executive Officer of Allied, stated</a> that a Nasdaq listing would open access to a wider U.S. investor base, more research coverage, and greater trading liquidity. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Allied Critical Metals is pursuing a Nasdaq listing to broaden its investor reach while both projects advance in Portugal.</li> <li>Vila Verde offers a funded pilot plant with the first concentrate targeted for late 2026 and a binding offtake agreement already in place.</li> <li>Borralha holds a 13-million-tonne measured and indicated resource and is undergoing a 20,000-meter drill program aimed at extending the 11-year mine plan.</li> <li>Analysts from Ventum Capital Markets and Diamond Equity Research maintain Buy ratings and price targets above the recent share price.</li> <li>The company is closing a US$15 million private placement with strategic investors to support development.</li> <li>Tungsten prices have risen sharply due to Chinese export limits, highlighting the value of non-Chinese supply sources.</li> </ul> <h2 style="text-align: center;">Project Details and Near-Term Catalysts at Borralha and Vila Verde</h2> At Borralha, only about half of the Santa Helena Breccia zone has been drilled so far. <a href="https://alliedcritical.com/PDF/ACM-Presentation.pdf" target="_blank" rel="noopener">The presentation states that only about half of the Santa Helena Breccia zone has been drilled and identifies the breccia and broader property as priorities for upcoming work programs.</a> A fully funded 20,000-meter program is now underway to expand resources beyond the current 11-year preliminary economic assessment mine life. The project received its Environmental Impact Declaration in January 2026 and is moving through Portugal's licensing steps toward potential construction in 2027. Vila Verde is being converted from an exploration license to an experimental mining license that allows up to 150,000 tonnes per year initially. Construction of a pilot plant is scheduled to start in 2026, with the first tungsten concentrate production expected in the fourth quarter of that year. The plant design uses an average grade of 0.21 percent WO3 and will employ crushing, grinding, and gravimetric plus magnetic separation. A binding US$15 million senior secured financing at SOFR plus 2.5 percent supports the plant, and a five-year offtake agreement covers 50% of the pilot plant's tungsten concentrate production, with a US$1,000 per MTU floor price for calendar 2026, subject to customary price revisions. Investors should understand that an experimental mining license provides a bridge to full production while feasibility work continues. The framework would allow limited production before a full mining license is granted, subject to the applicable regulatory requirements. <h2 style="text-align: center;">Analyst Views and Valuation Context</h2> Ventum Capital Markets reiterated a Buy rating and raised its target to CA$2.95. The firm highlighted the complementary profiles of the two projects, with Vila Verde offering nearer-term cash flow potential and Borralha providing scale through resource expansion. Diamond Equity Research maintained a CA$3.50 valuation using a blended discounted cash flow and comparable-company approach. The model assigns 75 percent weight to net asset value based on Borralha's 13-million-tonne measured and indicated resource and treats the inferred resource as an optional mine-life extension. No value was given to the newly identified Venise Breccia zone at this stage. <h2 style="text-align: center;">Share Structure and Market Position1</h2> Allied Critical Metals has a market capitalization of CA$416.22 million with 180.96 million shares outstanding. The 52-week trading range spans CA$0.29 to CA$2.46. Institutions hold 16 percent, insiders and management hold 31 percent, and retail investors hold the remaining 53 percent. The company is also completing a US$15 million non-brokered placement at US$2.05 per share with an existing strategic investor prepared to backstop a new strategic investor. [OWNERSHIP_CHART-11251] <h2 style="text-align: center;">Common Questions from Investors</h2> What is the status of the Nasdaq listing application? The application has been submitted but remains subject to Nasdaq requirements, regulatory approvals, and standard listing processes, with no assurance of approval. When could Vila Verde begin generating revenue? First tungsten concentrate production from the pilot plant is targeted for the fourth quarter of 2026, supported by existing financing and offtake agreements. How does the Borralha drill program affect the current mine plan? The 20,000-meter program aims to expand the resource and potentially extend the 11-year preliminary economic assessment mine life beyond current estimates. What portion of production is already committed under offtake? A binding agreement covers 50 percent of pilot plant output for five years at a US$1,000 per MTU floor price, with flexibility for defense-related purchases. Why are tungsten prices rising so quickly? Tight Chinese export controls combined with steady demand from defense and industrial sectors have reduced available supply outside China, pushing prices sharply higher. Retail investors evaluating Allied Critical Metals should weigh the execution risks inherent in permitting, financing, and production ramp-up against the backdrop of elevated tungsten prices and efforts to secure non-Chinese supply. The company's dual-project approach and Nasdaq application represent concrete steps toward broader market access and potential value creation, provided milestones are met on schedule. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Allied Critical Metals Inc. is a billboard sponsor of Streetwise Reports. The company pays a monthly sponsorship fee of US$3,000–US$6,000 for banner advertising and an enhanced company profile page. Streetwise Reports’ editorial content is fully independent and is not influenced by sponsorship.</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.</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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32212"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32212" width="0" height="0"> ( Companies Mentioned: ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE, ) Mon, 17 Aug 2026 00:00:00 PST This Gold Mine Was Gaining Momentum. Then the Snow Hit. https://www.streetwisereports.com/article/2026/08/17/this-gold-mine-was-gaining-momentum-then-the-snow-hit.html Source: <a href="https://www.streetwisereports.com/article/2026/08/17/this-gold-mine-was-gaining-momentum-then-the-snow-hit.html?utm_medium=feed">Streetwise Reports 08/17/2026</a> Rio2 Limited (RIO:TSX; RIOFF:OTCQX; RIO:BVL) reported US$105.3 million in second-quarter revenue as Fenix Gold production increased from Q1, while severe snow and cold led the company to defer its full-year 2026 gold-production guidance.Rio2 Ltd. (RIO:TSX; RIOFF:OTCQX; RIO:BVL) reported <a href="https://www.rio2.com/post/rio2-reports-q2-2026-financial-and-operating-results-and-webinar" target="_blank" rel="noopener">financial and operating results for the three months ended June 30, 2026, with consolidated quarterly production of 13,539 ounces of gold, 75,437 ounces of silver, and 9,296,883 pounds of copper from its Fenix Gold Mine and Condestable Copper Mine.</a> The company reported consolidated revenue of US$105.3 million for the quarter, including US$52.2 million from copper sales, US$47.0 million from gold sales, and US$4.3 million from silver sales. Net income attributable to Rio2 shareholders was US$46.8 million, or US$0.08 per diluted share, compared with a net loss of US$1.2 million for the three months ended June 30, 2025. Adjusted net income, a non-IFRS measure, was US$17.1 million, or US$0.03 per diluted share, compared with an adjusted net loss of US$0.9 million in the year-earlier period. EBITDA, also a non-IFRS measure, was US$76.2 million and adjusted EBITDA was US$46.5 million, compared with negative US$1.3 million and negative US$1.0 million, respectively, in the second quarter of 2025. Income from mine operations totaled US$39.2 million. Rio2 ended the quarter with US$49.7 million in cash and cash equivalents, compared with US$46.4 million at Dec. 31, 2025. Cash provided by operating activities was US$0.3 million, while US$12.4 million was used in investing activities and US$31.0 million was used in financing activities. "Q2 2026 was the second quarter of ramp-up for Rio2 at Fenix Gold, supported by steady production and cash flows from Condestable," President and Chief Executive Officer Andrew Cox stated in the company news release. "At Fenix Gold, operational performance continued to improve during the quarter with more work areas opened, more people employed, and the arrival of the principal mining contractor's mining equipment." Fenix Gold produced 9,088 ounces of gold and 1,063 ounces of silver during the quarter. Gold sales totaled 6,814 ounces at an average realized price of US$4,163 per ounce. The mine reported cash costs of US$2,701 per gold ounce sold, all-in sustaining costs of US$2,873 per ounce sold and all-in costs of US$3,392 per ounce sold. These measures are non-IFRS measures. As of June 30, 3,343 ounces of gold remained in dore inventory and had not been sold. Rio2 stated that the unsold inventory resulted in higher reported cash costs, all-in sustaining costs, and all-in costs per ounce sold than would otherwise have been reported. Fenix Gold mined 2.57 million tonnes during the quarter, including 1.63 million tonnes of ore, while 1.30 million tonnes were stacked on the leach pad. The head grade was 0.462 grams per tonne gold, with 19,325 contained ounces placed on the pad. The mine continued through its production ramp-up during the quarter. Space constraints at Fenix South were resolved, allowing three mining fleets to operate, while mining access was established at Fenix Central and a preliminary break-in bench was prepared. The company also said challenges encountered during the first quarter in employing truck drivers had been resolved through retention bonuses and roster changes. The transition of the mining fleet was completed in June, replacing 35-tonne rental trucks with 42-tonne trucks owned by principal mining contractor STRACON. Ore mining increased from 13,600 tonnes per day in April to 16,100 tonnes per day in June. <a href="https://www.rio2.com/post/rio2-reports-q2-2026-financial-and-operating-results-and-webinar" target="_blank" rel="noopener">Processing plant performance also increased during the quarter,</a> with an average of 16,300 cubic meters per day of leach solution processed during June compared with 10,700 cubic meters per day during March. Rio2 reported no serious mechanical stoppages from failures during the period. Freezing temperatures in May affected leaching on parts of the pad. Following trials of drip-line covers, Rio2 adjusted the leach pad covers to a double-layer black cover that generated an approximately 12-degree Celsius difference between ambient temperatures and temperatures within the pad. Water trucking from Copiapo consistently delivered more than 1,000 cubic meters per day during the quarter, including a one-day record of 1,800 cubic meters during a three-shift trucking trial. Rio2 reported that the mine was not water-constrained, with 45,000 cubic meters of total on-site water inventory at the end of June. Cold weather became a larger operating issue late in the quarter. Executive Chairman Alex Black stated in the news release that significant localized snowstorms and extremely low temperatures began affecting Fenix Gold production late in Q2 and continued into July and August. "Our priority during these storms has been the safety of our people," Black stated. "Mining operations were halted when necessary, and we are evaluating the impact of these events to gold production and the ramp-up." Rio2 said approximately 265,000 tonnes of ore mining were deferred because mining ceased during heavy snow events, resulting in the deferral of approximately 5,000 ounces of gold production. The company said the snow events did not affect its reported Q2 production results because they occurred late in the quarter, but they were factored into its outlook for the remainder of 2026. Rio2 consequently Rio2 consequently deferred its previous 2026 Fenix Gold production guidance of 60,000 to 65,000 ounces. Exploration drilling at Fenix Gold resumed for the first time since 2014. The 2026 program consists of 23,190 meters of drilling, including 9,250 meters of reverse-circulation drilling and 13,940 meters of diamond drilling, supported by a US$9.5 million budget. The program was 50% complete at the end of Q2. It was designed to upgrade Inferred resources to Measured and Indicated categories and expand mineral resources below the reserve pit and as much as 100 meters beneath the current resource shell. Condestable produced 9.30 million pounds of copper, 4,451 ounces of gold, and 74,374 ounces of silver during the second quarter, all contained in concentrate. Copper sales totaled 9.30 million pounds at an average realized price of US$5.94 per pound. The mine processed 725,970 tonnes during the quarter at average grades of 0.66% copper, 0.24 grams per tonne gold, and 3.88 grams per tonne silver. Copper recovery was 88.05%, gold recovery was 79.70%, and silver recovery was 82.23%. Condestable reported cash costs of US$2.34 per pound of copper produced, all-in sustaining costs of US$3.10 per pound, and all-in costs of US$3.64 per pound. Rio2 said copper grades were below plan because of higher internal dilution in certain stopes, particularly during June, while higher-grade material partly offset the impact through higher gold production. The company maintained its 2026 Condestable production guidance of 21,500 to 23,500 tonnes of payable copper equivalent for the February-to-December period. Rio2 also reported that Condestable's 46,480-meter underground diamond drilling program was 45% complete at the end of Q2. The program's primary objective was to replace and augment mineral resources and conduct infill drilling for short-term reserve models. Additional work was aimed at delineating near-surface resources in the Condestable and Raul areas, while geological-structural mapping and drone magnetometry formed part of a broader exploration program across the mine's 46,000 hectares of concessions. <h2 style="text-align: center;">Copper, Gold, and Silver Prices Climb as Metals Markets Gain Ground</h2> <a href="https://tradingeconomics.com/commodity/copper" target="_blank" rel="noopener">Trading Economics reported on August 17 that copper futures had moved above US$6.70 per pound</a> and were approaching record highs as global supply conditions tightened. According to the report, China's refined copper output was expected to decline for a second consecutive month in August as shortages of copper concentrate and other smelter feedstocks affected operating rates. It also cited reduced availability of VAT-compliant recycled copper following tighter domestic tax-invoice regulations. "Copper futures jumped above US$6.7 per pound on Monday, moving toward fresh record highs amid further signs of tightening global supply," Trading Economics wrote. Copper had gained 49.92% over the preceding year. <a href="https://tradingeconomics.com/commodity/silver" target="_blank" rel="noopener">Precious metals also recorded substantial year-over-year gains. Trading Economics reported August 17 that silver had risen toward US$66 per ounce</a>, representing a 72.81% increase over the preceding year and a 16.52% increase over the preceding month. "Silver rose toward US$66 an ounce on Monday, extending gains from the previous session as subdued US economic data reduced expectations for an imminent Federal Reserve interest rate hike," according to Trading Economics. The report noted that silver had both industrial and investment applications, including uses in electronics, solar panels, and medical technologies. <a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener">Gold had risen toward US$4,400 per ounce on August 17,</a> according to Trading Economics, and had gained 31.98% over the preceding year and 9.73% over the preceding month. "Gold rose toward US$4,400 an ounce on Monday, extending gains from the previous session as subdued US economic data reduced expectations for an imminent Federal Reserve interest rate hike," the report stated. Trading Economics also described gold as serving both investment and consumer markets, with demand coming from financial markets, jewelry consumption, and industrial applications. <h2 style="text-align: center;">Analysts Saw Continued Fenix Progress Despite Deferred Guidance</h2> In an August 13 research note, Atrium Research analysts Ben Pirie and Nicholas Cortellucci maintained a BUY rating on Rio2 and an unchanged CA$5.75 per-share target price. They wrote that "Fenix continues to take positive steps in its ramp up; however, extreme storms have added unpredictability in the coming months, and RIO has deferred 2026 guidance as a result." The analysts added that "commercial production remains on track for Q4" and said Condestable had continued to deliver consistent cash flows. Pirie and Cortellucci described the deferral of Fenix guidance as appropriate under the circumstances. "We see the deferral of guidance at Fenix as the right decision given the circumstances, which remains out of RIO's control," they wrote. They said Rio2 had continued to make steady progress toward commercial production and identified achieving 20,000 tonnes per day at Fenix as "a key metric we will be watching for in Q3 to enable commercial production." They also noted that results from three potential desalinated-water providers were expected in Q3 and that selection of a provider would allow Rio2 to complete the prefeasibility study for an expansion to 80,000 tonnes per day, with completion anticipated in Q4. Atrium also commented positively on Condestable. "We are encouraged that the operation continues to deliver to plan, and the Company continues to make progress on its ore sorting trial program," Pirie and Cortellucci wrote. They noted that the pilot plant was expected to arrive before November and that Rio2 continued to expect approval of its EIA modification during the quarter, allowing capacity to increase to 10,000 tonnes per day. <a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/a-new-best-buy-our-latest-copper-pick-reinforces-its-takeout-potential-plus-six-more-stock-updates-and-a-new-ground-truth-from-geologist-sharyn-alexander/#r2" target="_blank" rel="noopener">Also on August 13, Jeff Clark and Daniel Flynn wrote in a Paydirt Prospector update that Rio2's Q2 results were "a mixed bag,"</a> while pointing to operational progress at Fenix. "On the one hand, there are clear signs of progress," they wrote, noting that Q2 gold production had nearly doubled from the first quarter and that earlier ramp-up issues were being addressed. They added, "So, operationally, the mine is moving in the right direction." Clark and Flynn also addressed the deferred production guidance, writing that extreme cold and heavy snow had affected the ongoing Fenix ramp-up. "So, while Q2 was better than Q1, Fenix has now lost some momentum," they wrote. "That doesn't break the long-term thesis, of course, but it does make the near-term story more volatile." They also pointed to Condestable's contribution, stating that the mine had continued to provide production and cash flow while Fenix ramped up. The Paydirt Prospector authors maintained a HOLD recommendation. Clark and Flynn wrote, "Rio2 remains a strong two-asset producer with gold production, copper exposure, and long-term growth potential." They said they continued to like the long-term setup but would hold off on new buying. <h2 style="text-align: center;">Several Operational Milestones Remain Ahead in 2026</h2> <a href="https://www.rio2.com/_files/ugd/d7ae14_0a142029512b47b7858918aeddec635f.pdf" target="_blank" rel="noopener">At Fenix Gold, Rio2 expects ore production to reach 20,000 tonnes per day during Q3 2026</a> after increasing from 13,600 tonnes per day in April to 16,100 tonnes per day in June. Mining at Fenix Central is also now planned to begin during Q3, while mining of higher-grade material above 0.4 grams per tonne gold is expected to resume during the second half of the year. Rio2 anticipates achieving commercial production at Fenix Gold in Q4 2026. The 23,190-meter Fenix Gold exploration program was 50% complete at the end of Q2, with completion expected by late August. The US$9.5 million program is designed to upgrade Inferred resources to Measured and Indicated and expand mineral resources below the reserve pit and up to 100 meters beneath the current resource shell. A mineral resource and reserve update is on track for year-end. Work is also continuing on the potential Fenix Gold expansion to 80,000 tonnes per day. Three potential desalinated-water providers are preparing initial capital cost, operating cost, and connection timeline estimates, with formal results expected toward the end of Q3. Selection of a provider will support completion of the expansion prefeasibility study, which is now expected in Q4 2026. Baseline work has also begun for the expanded mine-site environmental impact assessment. At Condestable, Rio2 continues to expect approval during Q3 2026 for the modification to the mine environmental impact assessment, including approval for increased processing capacity to 10,000 tonnes per day. Basic engineering, cost estimates, and scheduling for the plant expansion are continuing, while third-party consultants are advancing a preliminary evaluation of the 10,000-tonne-per-day expansion. The dry-stack tailings system entered commissioning in April, with full commercial operations expected during Q3 2026. [OWNERSHIP_CHART-9887] The Condestable ore-sorting program is advancing following execution of a pilot-plant contract in mid-July. Preliminary infrastructure work is underway, with the pilot plant expected to arrive before November 2026. Separately, the 46,480-meter underground diamond drilling program was 45% complete at the end of Q2. Rio2's latest update said the near-surface drilling program for the Condestable and Raul areas would be defined and budgeted during Q3, with execution planned for 2027, revising the schedule outlined in its June resource update, which had called for the program to be defined during the first half of 2026 and executed during the second half of 2026. <h2 style="text-align: center;">Ownership & Share Information1</h2> As of August 17, Rio2 Ltd. had a market capitalization of CA$1.41 billion, with 548.47 million shares outstanding. The company's 52-week trading range was CA$1.36 to CA$4.09. Institutions own 20.19% of shares, while Management & Insiders own 6.93%. The remaining 72.88% of shares are held by Retail. <div class="qMYqUG_convSearchResultHighlightRoot"> <div class="" data-turn-id-container="request-WEB:b1c27971-9854-4db3-b5e5-72dace5541d7-30" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&:has([data-writing-block])>*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:b1c27971-9854-4db3-b5e5-72dace5541d7-30" data-turn-id-container="request-WEB:b1c27971-9854-4db3-b5e5-72dace5541d7-30" data-testid="conversation-turn-22" 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+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="4cf76e5a-cd8c-4832-b8e6-44933885d4d9" data-message-model-slug="gpt-5-6" 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="ul2pwc" data-start="296" data-end="326">Frequently Asked Questions</h2> What were Rio2 Ltd.'s Q2 2026 financial results? Rio2 Ltd. (RIO:TSX; RIOFF:OTCQX; RIO:BVL) reported Q2 consolidated revenue of US$105.3 million, net income attributable to shareholders of US$46.8 million, and adjusted net income of US$17.1 million. EBITDA was US$76.2 million, and adjusted EBITDA was US$46.5 million. Rio2 ended June with US$49.7 million in cash and cash equivalents. How much gold, copper, and silver did Rio2 produce in Q2 2026? Rio2 reported consolidated Q2 production of 13,539 ounces of gold, 9.30 million pounds of copper, and 75,437 ounces of silver. Fenix Gold produced 9,088 ounces of gold, while Condestable produced 9.30 million pounds of copper, 4,451 ounces of gold, and 74,374 ounces of silver. Why did Rio2 defer its 2026 Fenix Gold production guidance? Rio2 deferred its remaining 2026 Fenix Gold guidance because of the unpredictability and severity of extreme weather events and the continuing production ramp-up. Heavy snow events resulted in approximately 265,000 tonnes of deferred ore mining and approximately 5,000 ounces of deferred gold production. Rio2 had previously guided to 60,000 to 65,000 ounces of Fenix Gold production in 2026. When does Rio2 expect Fenix Gold to reach commercial production? Rio2 anticipated achieving commercial production at the Fenix Gold Mine in Q4 2026. The company expected ore production to reach 20,000 tonnes per day during Q3 after increasing from 13,600 tonnes per day in April to 16,100 tonnes per day in June. What is happening at Rio2's Condestable copper-gold-silver mine? Condestable processed 725,970 tonnes during Q2 and produced 9.30 million pounds of copper, 4,451 ounces of gold, and 74,374 ounces of silver. Rio2 continued to expect approval during Q3 for a modification to the mine's environmental impact assessment that included increased processing capacity to 10,000 tonnes per day. What are analysts saying about Rio2 stock? Atrium Research analysts Ben Pirie and Nicholas Cortellucci maintained a BUY rating and CA$5.75 per-share target price on Rio2 in their August 13 research note. Jeff Clark and Daniel Flynn of Paydirt Prospector maintained a HOLD recommendation in their August 13 update, writing that "Rio2 remains a strong two-asset producer with gold production, copper exposure, and long-term growth potential." What is Rio2 Ltd.'s market cap and 52-week stock price range? As of August 17, Rio2 Ltd. had a market capitalization of CA$1.41 billion and 548.47 million shares outstanding. The company's 52-week trading range was CA$1.36 to CA$4.09. What are Rio2 Ltd.'s stock symbols? Rio2 traded as RIO on the Toronto Stock Exchange, RIOFF on the OTCQX, and RIO on the BVL. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> </div> </div> </div> </div> </div> </div> </section> </div> </div>Important Disclosures:<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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32208"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32208" width="0" height="0"> ( Companies Mentioned: RIO:TSX;RIOFF:OTCQX;RIO:BVL, ) Mon, 17 Aug 2026 00:00:00 PST Seabridge Gold Secures US$100M Facility to Advance BC KSM Project https://www.streetwisereports.com/article/2026/08/17/seabridge-gold-secures-us-100m-facility-to-advance-bc-ksm-project.html Source: <a href="https://www.streetwisereports.com/article/2026/08/17/seabridge-gold-secures-us-100m-facility-to-advance-bc-ksm-project.html?utm_medium=feed">Streetwise Reports 08/17/2026</a> Seabridge Gold reports Q2 results and secures a US$100M facility to fund KSM feasibility work in British Columbia while gold prices rise. See analyst targets and key catalysts for investors.<a href="https://www.streetwisereports.com/pub/co/700?utm_medium=feed" target="_blank" rel="noopener">Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT)</a> is advancing one of the world's largest gold-copper development projects at a time when gold prices are attracting renewed investor attention amid economic uncertainty. The current gold market environment offers a timely backdrop for developers with permitted, large-scale assets. Retail investors seeking exposure to gold often look to companies that combine strong project fundamentals with concrete steps toward de-risking and funding. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Seabridge Gold holds a 100% interest in the KSM project in British Columbia, permitted for construction and scoped for multi-decade production exceeding one million ounces of gold annually, plus by-products.</li> <li>A new US$100 million unsecured credit facility provides flexible liquidity for 2026 feasibility work without immediate equity dilution.</li> <li>The British Columbia Supreme Court found the project's Substantially Started designation reasonable but ordered the Environmental Assessment Office to conduct further consultation with one Indigenous group and reconsider the determination.</li> <li>Analysts from Cantor Fitzgerald and RBC Capital Markets maintain Buy or Outperform ratings with price targets implying substantial upside from recent trading levels.</li> <li>Discussions continue with a preferred joint-venture partner, which could bring capital and operational expertise while the company maintains momentum on site.</li> <li>Net working capital stood at US$53.6 million at the end of June 2026, with management indicating draws on the facility will occur only as needed.</li> </ul> <h2 style="text-align: center;">Why Seabridge Gold Stands Out Among Gold Developers</h2> KSM's scale and permitting status differentiate it from many earlier-stage projects. The company has already invested roughly US$1.2 billion cumulatively, including US$208 million in permanent works since early 2024. This spending supports ongoing road construction, geotechnical drilling, metallurgical testing, and environmental baseline work required for the feasibility study targeted for completion in the second half of 2027. <h2 style="text-align: center;">Financing Structure Supports Progress Without Immediate Dilution</h2> <a href="https://www.streetwisereports.com/article/2026/07/21/gold-explorer-secures-us-100m-facility-for-its-massive-bc-project.html?utm_medium=feed" target="_blank" rel="noopener">In July, Seabridge announced</a> an unsecured short-term facility allowing draws of at least US$10 million at the company's discretion. Interest accrues at 7% compounded monthly and is capitalized until maturity on December 31, 2026. Repayment can be made in cash or, subject to conditions and exchange approval, in common shares. The structure was viewed by Cantor Fitzgerald analyst Mike Kozak as modestly positive because it funds key engineering activities without forcing an equity issuance. <a href="https://www.seabridgegold.com/press-release/seabridge-gold-files-second-quarter-2026-report-to-shareholders-and-its-financial-statements-and-md-a" target="_blank" rel="noopener">According to a release on August 13</a>, the company filed its Q2 2026 financial statements and Management's Discussion and Analysis. Net income reached US$117.5 million or US$1.08 per share, largely reflecting a one-time gain from the spin-out of the Courageous Lake project. Quarterly spending on mineral interests and equipment rose to US$32.5 million from US$21.1 million a year earlier. <h2 style="text-align: center;">Court Ruling Maintains Project Momentum</h2> <a href="https://www.streetwisereports.com/article/2026/06/15/court-deems-northwestern-bc-gold-copper-project-substantially-started-designation-as-reasonable-but-faces-further-consultation-order.html?utm_medium=feed" target="_blank" rel="noopener">On June 9, 2026, RBC Capital Markets analyst Harrison Reynolds reaffirmed</a> an Outperform rating after the British Columbia Supreme Court found the Environmental Assessment Office's Substantially Started determination reasonable. The ruling requires additional consultation with one Indigenous group but leaves the project's provincial and federal certificates intact for the life of the mine, removing a potential July 2026 expiry risk. Work at KSM continues without interruption, supported by existing agreements with the Nisga'a and Tahltan Nations. <h2 style="text-align: center;">Analyst Views and Valuation Considerations</h2> Kozak reiterated a Buy rating and CA$66 target price, based on a 0.8 times net asset value per share multiple assuming a 50/50 joint venture under standard terms. Reynolds at RBC maintained a US$71 target, applying a 0.40 times multiple to reflect development-stage risks and potential partnership requirements. B. Riley Securities analyst Soundarya Iyer also rates the shares Buy with a CA$55.81 target. These targets incorporate assumptions around gold and copper prices, construction capital needs estimated between US$6.4 billion and US$7.8 billion, and the remote location and climate challenges typical of large-scale British Columbia projects. <h2 style="text-align: center;">Gold Market Provides Supportive Backdrop</h2> <a href="https://www.kitco.com/news/article/2026-08-14/gold-rebounds-retail-sales-miss-offsets-oil-driven-inflation-risk-kitco-am" target="_blank" rel="noopener">Kitco News reported on August 14</a> that spot gold traded near US$4,376.40 per ounce after softer U.S. retail sales data reduced expectations for near-term interest-rate hikes. <a href="https://www.cnbc.com/2026/08/12/gold-prices-metals-fed-rate-hike-inflation.html" target="_blank" rel="noopener">Kevin Williams, writing for CNBC on August 12</a>, wrote that gold has gained more than US$1,000 over the past year despite volatility. Central bank purchases and investor concerns over fiscal spending and currency stability continue to underpin demand. [OWNERSHIP_CHART-700] <h2 style="text-align: center;">Frequently Asked Questions</h2> What is the primary use of the new financing facility? Proceeds will support 2026 field programs at KSM, including road construction and the collection of geotechnical, metallurgical, and environmental data for the feasibility study. Does the Q2 net income reflect ongoing operations? No. The US$117.5 million net income primarily stems from a one-time accounting gain on the Courageous Lake spin-out; Seabridge remains a pre-revenue developer. What risks should investors consider? Key risks include the need for a joint-venture partner, substantial future construction capital, exposure to metal prices, and additional permitting steps before production. When could a joint venture be announced? Management is in discussions with a preferred candidate; some analysts see the short-term facility as a possible signal that an announcement could occur before year-end 2026. The documents are available on <a href="https://www.sedarplus.ca/home/" target="_blank" rel="noopener">SEDAR+</a> and on the <a href="https://www.seabridgegold.com/investors/financial-reports." target="_blank" rel="noopener">company's website</a>. Retail investors should review the full filings and consult their own advisors before making investment decisions. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Seabridge Gold Inc. is a billboard sponsor of Streetwise Reports. The company pays a monthly sponsorship fee of US$3,000–US$6,000 for banner advertising and an enhanced company profile page. Streetwise Reports’ editorial content is fully independent and is not influenced by sponsorship.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Seabridge Gold Inc.</li> <li>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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32206"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32206" width="0" height="0"> ( Companies Mentioned: SEA:TSX; SA:NYSE.MKT, ) Mon, 17 Aug 2026 00:00:00 PST Yukon Gold Explorer Starts Dual-Rig Drilling at Steller Project https://www.streetwisereports.com/article/2026/08/17/yukon-gold-explorer-starts-dual-rig-drilling-at-steller-project.html Source: <a href="https://www.streetwisereports.com/article/2026/08/17/yukon-gold-explorer-starts-dual-rig-drilling-at-steller-project.html?utm_medium=feed">Streetwise Reports 08/17/2026</a> Blue Jay Gold advances Phase 1 drilling at the Steller Gold Project in southern Yukon with two rigs now active. First assays expected late August amid supportive gold prices.Gold prices remain resilient in 2026 despite volatility, creating a favorable backdrop for exploration companies with high-quality assets in stable jurisdictions. Blue Jay Gold Corp. (JAY:TSX.V) has emerged as an active player in this environment by launching a fully funded Phase 1 drill program at its Steller Gold Project in southern Yukon. The company stands out because of its combination of a past-producing asset base, more than 120,000 meters of historical drilling data, and a modern approach that includes real-time spectral logging. This positions Blue Jay to test both resource expansion and new discovery targets efficiently. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Two drill rigs are now operating at the Steller project, one on the Mt. Skukum epithermal corridor and one at the Skukum Creek gold-silver deposit.</li> <li>The 2026 program includes up to 16,000 meters of diamond drilling plus district-scale modeling using historical data and new technology.</li> <li>First assay results are expected toward the end of August, with additional results expected on a rolling basis through the remainder of the year.</li> <li>The project benefits from road access only 55 kilometers from Whitehorse, which reduces exploration costs compared with remote helicopter-supported programs.</li> <li>Gold market conditions remain supportive, with spot prices near US$4,376 per ounce and central-bank buying providing a structural bid.</li> </ul> <h2 style="text-align: center;">Why the Steller Project Draws Attention Now</h2> The Steller Gold Project combines a former producing mine at Mt. Skukum with the Skukum Creek deposit that never reached production despite extensive historical work. Past operators completed more than 44,000 meters of drilling at Skukum Creek alone and more than four kilometers of underground development. Blue Jay is now applying a district-scale lens that previous owners did not use, <a href="https://bluejaygoldcorp.com/news/news-2026/blue-jay-gold-provides-drilling-update-at-mt-skukum-and-skukum-creek" target="_blank" rel="noopener">according to an August 5 release</a>. <h2 style="text-align: center;">Modern Technology and Cost Advantages</h2> Blue Jay is deploying its contracted LithologIQ system for real-time spectral core logging at both Mt. Skukum and Skukum Creek. This allows geologists to analyze hydrothermal alteration and structural features immediately rather than waiting for laboratory results. The company is also reinterpreting regional airborne magnetic data with 3D inversion and building the project's first district-scale geological model from oriented core. Proximity to Whitehorse further lowers costs by eliminating the need for helicopter support during much of the program. <h2 style="text-align: center;">Multiple Targets and Rolling News Flow</h2> The current campaign targets resource expansion at Skukum Creek, Mt. Skukum, and Goddell while testing new discovery potential at RACA and Charleston. Becker-Cochrane is also part of the broader 2026 plan. Management expects assays to arrive on a rolling basis, creating a steady stream of exploration updates. <a href="https://www.streetwisereports.com/cs/ce/edit/na/We%20expect%20the%20initial%20assays%20to%20roll%20in%20at%20the%20end%20of%20August,%20and%20the%20company’s%20news%20flow%20should%20be%20pretty%20steady%20from%20then%20on.?utm_medium=feed" target="_blank" rel="noopener">On June 19, Caesars Report noted</a> that the initial results should begin arriving at the end of August and that news flow should remain consistent thereafter. <h2 style="text-align: center;">Supportive Gold Market Backdrop</h2> Spot gold traded around US$4,376.40 per ounce in mid-August after weaker-than-expected U.S. retail sales data reduced expectations for a September Federal Reserve rate hike. Spot silver also moved higher. Central banks continue to increase gold reserves, reflecting ongoing concerns about fiscal spending and currency stability, <a href="https://www.kitco.com/news/article/2026-08-14/gold-rebounds-retail-sales-miss-offsets-oil-driven-inflation-risk-kitco-am" target="_blank" rel="noopener">according to Kitco News on August 14</a>. <a href="https://www.cnbc.com/2026/08/12/gold-prices-metals-fed-rate-hike-inflation.html" target="_blank" rel="noopener">Kevin Williams, writing for CNBC on August 12,</a> noted that gold has gained more than US$1,000 over the past year, even after recent swings. [OWNERSHIP_CHART-11624] <h2 style="text-align: center;">Share Structure and Market Position1</h2> Blue Jay Gold Corp. has a market capitalization of CA$36.11 million based on 47.55 million shares outstanding. The 52-week trading range is CA$0.61 to CA$1.00. Institutions hold 33 percent of the shares, management and insiders hold 5 percent, and retail investors hold the remaining 62 percent. <h2 style="text-align: center;">Frequently Asked Questions</h2> What is the current status of drilling at Steller? Two rigs are active, one testing the Mt. Skukum epithermal corridor and the second focused on expansion targets at Skukum Creek. When will investors see the first drill results? Management expects the first assays toward the end of August, followed by additional results on a rolling basis through the rest of 2026. What makes the project location advantageous? The property lies only 55 kilometers by road from Whitehorse, which reduces logistics costs compared with more remote exploration sites. How does the gold price environment affect the story? Supportive macro conditions, including softer economic data and continued central-bank buying, have kept gold prices resilient near multi-year highs. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32205"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32205" width="0" height="0"> ( Companies Mentioned: JAY:TSX.V , ) Mon, 17 Aug 2026 00:00:00 PST The Grand American Casino https://www.streetwisereports.com/article/2026/08/17/the-grand-american-casino.html Source: <a href="https://www.streetwisereports.com/article/2026/08/17/the-grand-american-casino.html?utm_medium=feed">Michael Ballanger 08/18/2026</a> Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market and as well as looks at some copper stocks on his list.Since the outbreak of major regional hostilities on February 28, the Strait of Hormuz (SoH) has been effectively closed to routine commercial shipping for 166 days, with Iran officially declaring the waterway out of commission on March 4, 2026. During that period, the world watched in horror as oil prices came within a fraction of $120 per barrel, sending inflationary supply shocks to all four corners of the globe. Stocks at first had an allergic reaction with the S&P 500 falling around 10%, but quickly found their footing around the end of March and have since been on yet another mindboggling tear with record highs for the DJIA and S&P 500 registered on August 5, with no "Great Peace Deal" yet in place and Iran still threatening to disrupt marine navigation and charge fees for passage. However, the "earnings beat" parade continued despite retail sales coming in a tad on the light side as sales for July unexpectedly dropped by 0.6% to $763.6 billion, marking the sharpest contraction in over a year (since May 2025). It was interesting that numbers associated with "Main Street," such as non-store retailers (e-commerce), tumbled 2.2% as online sales cooled significantly following heavy June promotions like Amazon Prime Day. Sales at the auto dealers (another "Main Street" outlet) fell 1.8%, representing the first monthly decline for auto and parts dealers since April. Gasoline stations also dropped 0.9%, primarily reflecting fluctuations in pump prices. Finally, electronics and appliances slipped 0.5% as consumer tech spending slowed. What did show pockets of growth and core resilience were clothing stores (up 1.9%), health and personal care (up 0.7%), and restaurants and bars (up 0.5%), illustrating that the upper echelon of income earners still want to look sharp and feel good while guzzling martinis at the local watering hole. Joe Sixpack is too busy struggling with household bills to be able to enjoy similar pleasures, further confirming that the average middle and working class stiff is under pressure. Yet Wall Street rejoices day in and day out over "Record Highs!" despite the 30-year bond yield hitting 5.27% for the first time in nineteen years, while the University of Michigan Index of Consumer Sentiment sits at or near ten-year lows. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026815145308_Picture1.png" alt="" width="481" height="291" /> Since the bulk of the voters in the U.S. are no longer baby boomers and since Generation "X" was a baby "bust" generation, the new control group for American elections has suddenly shifted to Millennials (30-45 in age) and Gen Z-ers (14-29 in age). This is the exact demographic that is graduating from college (totally in debt) with few or no job prospects and zero ability to afford a new home, who are going to suddenly lodge their form of protest by way of the ballot box. When that happens, 43% of the voting public is going to demand government policy which "makes them whole," which means more and more subsidies representing their entitled slab of the American Pie. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026815145330_Picture2.png" alt="" width="508" height="344" /> New Yorkers were shocked when they awoke on January 1 of this year and a devout socialist, Zohran Mamdani, was their new mayor. Since then, there has begun an exodus of wealth from the city that is taking with it billions upon billions of tax dollars desperately needed to fund all those socialist programs promised by their new "progressive" mayor. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026815145351_Picture3.jpg" alt="" width="624" height="340" /> When you look at this graphic of the "K-shaped economy", the brown part to the lower right represents that 43% of the U.S. demographic born between 1997 and 2012. They are the people who voted for Mamdani, and they are the voters who will vote for the next Democratic nominee that promises forgiveness of their college loans or "a chicken in every pot and a car in every backyard, to boot", the campaign slogan of Republican presidential candidate Herbert Hoover in 1928, in celebration of the "boom times" that accompanied "The Roaring Twenties". With stocks hitting record highs almost on a quarterly basis, there are those who are calling the 2020's a modern version of those "Roaring Twenties" that preceded the worst economic collapse of the modern era from 1931-1933 (aptly nicknamed "The Dirty Thirties"). In past times, the younger members of our society would scrounge together a few thousand dollars and agonize over buying that first "starter home" for $10-15 thousand, knowing that it would take twenty years of toil and tears to finally pay off that mortgage and become a true "owner". Not so in Canada, where the average age of the "first time buyer" is now the oldest in the world — I repeat — IN THE WORLD. Those baby-boomer Canadians who had their entire net worth locked up in their principal residences decided to elect politicians who would give their blessing to unbridled immigration and hyperinflationary monetary inclinations of the Bank of Canada in order to goose the housing prices to buttress their annual net worth statements so they could leverage the "ol' Homestead" in order to buy second and third houses for rental purposes. Now they have wonderful balance sheets but are plagued by four of their grown children as well as a gaggle of grandchildren living on top of each other in their basement recreation room. Now you have to be forty-six (46!) to "get in the game" through the wonderment of home ownership, which means that the 30-year mortgage you took on will be finally paid out when you are seventy-six years of age. No healthy society can thrive and prosper with demographic hindrances like that. It divides the populace into "owners" and "renters" with the former group in control of the primary family asset, while the latter is simply augmenting the income of the former by way of monthly rent cheques. That is all fine and dandy as long as the amount of the rent cheque exceeds the amount of the monthly mortgage payment, because in the hyperinflationary period of 2008 until a couple of years ago, what fell out of the bottom of that set-up was the rapidly escalating cost of buying a home. I always look at it in a slightly different light. One always BUYS a "home" but one never RENTS a "home". A family usually RENTS a "house" but never ever RENTS a "home". The whole idea of owning a home is that it is a refuge for the family, with the functional word being "FAMILY". If the family that inhabits the home can suddenly find themselves out on the street because a landlord owes CRA or wants a new Porsche, then that family was simply renting a "house". Again, this is an extremely unhealthy societal blight that is only going to create an even larger divide between those who "have" and those who "don’t have," and that rarely goes well at the end of the day. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026815145420_Picture4.png" alt="" width="624" height="278" /> So, Canadian markets are at record highs led by — according to the pundits — "Financials, Technology, Industrials, Energy, and Materials," but based upon the chart shown above, I might hazard a guess at the notion of the TSX being correlated very closely to the Bloomberg Total Return Commodity Index, which has been in a steady uptrend for the past two years. Surely, Financials and Technology are being swept ahead by the monopolistic economic chessboard called "Canada," where bankers control basically EVERYTHING, but the Technology part is simply the Bay St. boys piggybacking on their NY brethren, who have the finest "Golden Goose" ever in the form of the technology sector. They started creating the narrative back in 1915, at the moment when IBM Common Stock (IBM:NYSE) first went public under the name Computing-Tabulating-Recording Co. (C-T-R), with an initial share price of $47. The corporation officially rebranded to International Business Machines (IBM) a few years later, in 1924, but by then, the official narrative was passed down from generation to generation, heralding IBM's role as "computer of the future". As far as the TSX is concerned, I give them credit for never altering the weightings of the index because while they love to call mining "Materials", I truly wish they would call it "Metals" or "Mining" or better still — "Monetary Debasement Hedge" — because the bulk of the wealth contained in the Dominion of Canada is dominated by resources and that means oil & gas but also metals whose value remains constant in real terms versus paper money which constantly shrinks thanks to the errant policies of the baby-boomer dominated politicians. <h2 style="text-align: center;">Gold and Silver</h2> The gold and silver markets have been rejuvenated by the Scott Bessent version of Mario Draghi's "whatever it takes" version of central bank policy, back when he was trying to save the Euro from a Weimar-like fate. The U.S. Treasury Secretary pulled out all stops to prevent the Bank of Japan from unloading several trillion dollars worth of U.S. Treasury bonds. You will recall the days of July 2012 when Draghi told the world that the Euro would survive despite turmoil in Greece and Italy because the ECB would do "whatever it takes" to maintain the Euro. That calmed crashing Eurozone bond markets, and within days, markets stabilized, and that was exactly what happened when Scott Bessent took the call for BoJ Governor Kazeo Ueda and agreed to "step up," which they did, in size, and without remorse, to stabilize the Yen. What we have now is a scenario where the U.S. Treasury Secretary (a former hedge fund operator alongside George (WEF sponsor) Soros) will go all out to make sure that the dollar remains at the pinnacle of the world currency ladder in terms of respect and collateral (borrowing power) because with a $40 trillion national debt figure, he can never lose one finger of the grip he has on the dollar's reserve currency status. If the grip slips, the credit card goes kaput, and the USS Gerald R. Ford (CVN-78) will never be able to buy a refit in Gibraltar or any other port that does not fly the American flag. And when that happens, gold goes to $75,000 per ounce, and your morning toast and jam is $100. <h2 style="text-align: center;">Copper</h2> The main story for me last week was the record print for September copper futures, but the LME returned the favor this week as it crested beautifully above $14,424.50 per tonne, driving a fierce physical supply squeeze that pushed one-month delivery spreads to their widest levels in five years. I have been a card-carrying, table-pounding bull on copper to the astonishment of my gold and silver apostles for the better part of three years and while I have also owned gold (from 2001 at around $300) and silver (from 2014 at around $14), I started to follow the copper story in mid 2023 in earnest because I detected a growing, under-the-radar desperation by long term gold bugs like former Barrick Gold CEO Mark Bristow, whose maneuvers after the merger of Randgold with Barrick in 2019 saw Barrick move aggressively to acquire copper assets rather than gold or silver. As I began to delve into the demand side, it dovetailed perfectly with my views on "Electrification," which I deemed in 2020 to be a global phenomenon and one that was, quite simply, not going away. The copper trendline is not as breathtaking as silver in 2025 or the semiconductors in 2026, but over the last five years, it has been one solid and very sustaining uptrend. Nothing fanciful, nothing compelling, just totally reliable and solid with no one and nothing able to get in its way. Not pandemics nor wars nor blow-off tops in gold and silver last January have put as much as a dent in the copper market's gradual yet powerful uptrend, and that is a "generational" event, by any and all measures. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026815145506_Picture5.png" alt="" width="624" height="278" /> However, the reliability of the copper uptrend has not been reflected by the valuations in either the senior copper producers or (and for us, this is far more important) the junior copper explorer/developers. One glance at the Global X Copper Miners ETF (COPX:US) and you see a disconnect between the beautiful performance of copper in 2026, but a lag-effect underperformance of copper miners in the COPX:US. This has further reflected miserably on the copper juniors, many of whom are busy developing near-term production, such as Marimaca Copper Corp. (MARI:TSX; MARIF:OTCMKTS; MC2:ASX), whose Pampa Medina project has yielded some spectacular results, yet the stock is still 42.55% off its peak price last January. Closer to home (as in 3 centimeters to the left of my right ventricle) was the market's reaction to this week's announcement by Fitzroy Minerals Inc. (FTZ:TSX.V; FTZFF:OTCQX) of the results of their "deep IP" survey of the Caballos Copper Project located in the Atacama region of copper-rich Chile. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026815145945_Picture6.png" alt="" width="624" height="278" /> Fitzroy announced that all four lines totaling 18.4 line-kms had returned compelling levels of both chargeability and conductivity over an anomaly that appears to be 5km by 5km in area, with the first series of drill holes expected to probe over 1,500m of depth. Despite already having confirmation of copper-bearing sulphides via hole DDH CAB004A that yielded 174m of .47% CuEq mineralization, the market took this week's news and completely yawned. Back in the day (as in the 1980-2000 junior mining boom period), if a junior reported news like this for an exploration play in a commodity hitting record highs on international exchanges, the stock would double on speculative expectation alone, long before assays and completely "on spec". However, in this new world of online gambling on everything from "Trump's next haircut" to "Warsh's shoe size" to "Danube water levels by September 5", people enamoured by the possibility, no matter how remote, of a tenfold or twenty-fold win in order to purchase a "home" ( as opposed to a "house") will bet their next five month's rent on anything that they perceive gives them the "leverage to Nirvana" as opposed to a "penny mining stock". Consider this: In the 1970's, when I first entered the securities industry, the only means of gambling was taking your auntie to the local "Bingo Hall", driving your dad to Woodbine Racetrack, or (for those with money) buying a plane ticket and going to Vegas. If you hated all of that nonsense, you "dabbled" in the markets, and if you were hooked, you speculated (i.e., "gambled") in the only venue that did not (at least in your mind) involve rank speculation. Due to the absence of legal "venues of speculation", the one that arose as the venue of choice was the penny mining market which was dominated since post WWII by the junior explorers, both mining and oil & gas. When I entered the business after a wonderful career in college-level and semi-pro hockey, the oil & gas juniors were at the peak of the speculative boom in Canada, circa 1977. Oil plays like West Pembina, Leduc, and Elmworth dominated the penny juniors, and when rumors arose that a new oil discovery was made in any of these plays, the $.05 junior caught bid after bid on rising volume that took the stock to many multiples long before the truth was actually revealed. In 1981, the mining stocks started to take control of the speculative narrative led by the famous Hemlo discovery of 1981 (which was my first injection of heroine-like liquid) that saw my first 20-bagger in the form of Golden Scepter Resources. From the Hemlo discovery of 1981 until the Bre-X Fraud in 1997, Canada enjoyed a period of massive wealth creation, the likes of which have never been matched. With the exception of Research in Motion (Blackberry) in the late 1990's, there has been no stock in Canadian mining history that has ever risen in such a rapid ascent as Vancouver-based Diamondfields Resources Inc., the Friedland-owned company that discovered the mighty Voisey's Bay Nickel-Cobalt-Copper Discovery of 1993. Few people recall that event, but as a Toronto-based stock salesman in the 1990's, it was not only career-changing but also life-changing. I watched people who bought the stock in 1993 at $3.00 with their last $3,000 of savings turn to me in 1997 and ask me, "How can I repay you?" as I handed them their cheque for $163,000. That was before 43101's and before all the regulatory BS that today clogs up what used to be a perfectly efficient method of funding exploration. The excellent management group at Fitzroy Minerals Inc. is executing what I believe is an excellent example of how a junior mining company should be run. They are covering shareholder backsides by moving the oxides at Buen Retiro into production, estimated to be by 2028, while having 90% of all production expenditures covered by partner Pucobre SA, a mid-tier Chilean copper producer. Yet, despite the incredible leverage to the upside, there are simply "no buyers" as the speculative throng are wounded from the late-January blow-off and are unwilling to speculate on the likelihood of a life-altering event at the upcoming Caballos drill program. As I was commiserating with a colleague today regarding the state of the junior mining industry, "if this were the 1990's, Fitzroy would have tripled on that press release alone". However, this is not the 1990's, and there are dozens of other ways to throw money down the rabbit hole, such as "AI" and "Crypto" and "Bet65," so investment flow gets diluted away from a genuinely "high-probability" outcome like Fitzroy Minerals Inc. Such is life in the world of 2026. . . <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Fitzroy Minerals.</li> <li>Michael Ballanger: I, or members of my immediate household or family, own securities of: Fitzroy Minerals. and Marimaca Copper Corp. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Michael Ballanger Disclosures This letter makes no guarantee or warranty on the accuracy or completeness of the data provided. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. This letter represents my views and replicates trades that I am making but nothing more than that. Always consult your registered advisor to assist you with your investments. I accept no liability for any loss arising from the use of the data contained on this letter. Options and junior mining stocks contain a high level of risk that may result in the loss of part or all invested capital and therefore are suitable for experienced and professional investors and traders only. One should be familiar with the risks involved in junior mining and options trading and we recommend consulting a financial adviser if you feel you do not understand the risks involved.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32204"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32204" width="0" height="0"> Tue, 18 Aug 2026 00:00:00 PST Wheaton Posts Record US$1.8 Billion H1 Revenue https://www.streetwisereports.com/article/2026/08/14/wheaton-posts-record-us-1-8-billion-h1-revenue.html Source: <a href="https://www.streetwisereports.com/article/2026/08/14/wheaton-posts-record-us-1-8-billion-h1-revenue.html?utm_medium=feed">Streetwise Reports 08/14/2026</a> Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE) posted record first-half revenue of US$1.8 billion and operating cash flow of US$1.4 billion, driven primarily by a 78% increase in its average realized gold-equivalent price and a 5% increase in gold-equivalent ounces sold.A precious-metals streaming company has reported Q2 2026 financial results, gaining the attention of gold investors. <h2 style="text-align: center;">Key Takeaways</h2> <ul> <li>Wheaton posted record first-half revenue of US$1.8 billion and operating cash flow of US$1.4 billion, driven primarily by a 78% increase in its average realized gold-equivalent price and a 5% increase in gold-equivalent ounces sold.</li> <li>The company's cash operating margin rose 65% to US$3,875 per gold-equivalent ounce sold, even as average cash costs increased to US$568/oz.</li> <li>Wheaton maintained 2026 guidance of 860,000–940,000 gold-equivalent ounces, with production forecast to reach approximately 1.2 million gold-equivalent ounces (GEOs) annually by 2030.</li> <li>Peter Krauth of The Silver Stock Investor called Wheaton's Q2 results "tremendous," citing its growth profile and maintaining a full portfolio weighting.</li> <li>Upcoming catalysts include Platreef's targeted Q4 2026 commercial production, Kurmuk's first gold expected within weeks of August startup, and El Domo's July 2027 commissioning target.</li> </ul> <h2 style="text-align: center;">Record Revenue, Margins Both Climb</h2> Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE) reported <a href="https://www.stockwatch.com/News/Item/Z-C!WPM-3849036/C/WPM" target="_blank" rel="noopener">Q2 2026 results</a> on August 6, 2026, with highlights including: <ul> <li>Revenue of US$929 million, up US$426 million from 2025, primarily due to a 61% increase in its average realized gold equivalent price (AuEq) and a 14% increase in gold equivalent ounces sold.</li> <li>For the first half of 2026, revenue reached a record US$1.8 billion, an increase of US$857 million year over year.</li> <li>Wheaton produced 202,229 AuEq ounces in Q2, a 6.3% increase from 190,179 ounces in Q2 2025.</li> <li>First-half attributable production totaled 414,755 AuEq ounces, up 13.8% year over year.</li> <li>Silver production increased 14.5% in the quarter to 6.4 million ounces, while palladium production rose 14.5% to 2,788 ounces, and cobalt production increased 23.1% to 796,000 pounds.</li> </ul> Wheaton generated US$650 million in operating cash flow during Q2, up US$235 million year over year, while first-half operating cash flow reached US$1.4 billion, an increase of US$640 million. Average cash costs were US$568 per gold equivalent ounce in Q2, compared with US$406 in the prior-year quarter, while the cash operating margin increased 65% to US$3,875 per gold equivalent ounce sold. On the operational side, the company continued to advance its portfolio. At Antamina, attributable silver production increased 56% to 2.3 million ounces following Wheaton's acquisition of BHP's 33.75% share of silver production, which increased Wheaton's attributable share from 33.75% to 67.5% effective April 1, 2026. Blackwater produced 5,900 ounces of attributable gold, up 46% year over year, while other gold production increased 667% to 5,900 ounces following the addition of production from Fenix, Hemlo, and Goose. Wheaton maintained its 2026 production guidance of between 860,000 and 940,000 AuEq ounces, including 400,000 to 430,000 ounces of Au and 27 to 29 million ounces of silver (Ag). The company continues to forecast annual production reaching approximately 1.2 million AuEq ounces by 2030, with the same level expected to average through 2035. Wheaton positions itself as ‘the world's premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets,’ with a diversified portfolio of operating and development assets around the world. <h2 style="text-align: center;">Gold Steadies Near US$4,300 an Ounce</h2> Junior miners and exploration companies hit the ground running this year after gold rallied to above 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, prices are still up <a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener">31%</a> compared to August 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." Even stronger is a belief that ". . . due to increased central bank buying and global tensions, JPMorgan predicts that gold will reach US$6,300 per ounce in 2026," according to Yahoo Finance. On August 17, 2026, <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-price-outlook-could-prices-hit-6000-in-2026-150000589.html" target="_blank" rel="noopener">Trading Economics</a> reported that gold was trading at around US$4,300 per ounce after ". . . subdued U.S. economic data reduced expectations for an imminent Federal Reserve interest rate hike." After several months of fears of inflation affecting future gold prices, the article stated: "Markets now see roughly a one-in-three chance of a Fed rate hike in September, down from nearly 50% before the data." 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 Recycling Today said</a> that the World Bank Group has projected that its metals and minerals price index will rise 17% in 2026. <h2 style="text-align: center;">Krauth Calls Results "Tremendous"</h2> Peter Krauth of <a href="https://thegoldadvisor.com/silver-stock-investor/newsletters/macro-drivers-and-other-influences/" target="_blank" rel="noopener">The Silver Stock Investor</a> wrote about Wheaton on August 12, 2026, calling its Q2 2026 results "tremendous." Krauth noted that the company has "an impressively strong growth profile over the next 5 years, despite already being such a large company." "This is one of the most solid core holdings to have for the extent of this secular silver bull market. I continue to maintain my full weighting," wrote Krauth. <ul> <li>On August 10, 2026, Josh Wolfson of RBC Capital reiterated a "Buy" rating and a price target of US$160. </li> <li>On August 10, 2026, Lawson Winder of Bank of America assigned a "Buy" rating with no price target.</li> <li>On August 7, 2026, Ingrid Rico of Stifel Nicolaus reiterated a "Buy" rating and a price target of US$179.43.</li> <li>On August 7, 2026, Tanya Jakusconek of Scotiabank reiterated a "Buy" rating and a price target of US$175.</li> <li>On July 27, 2026, Richard Hatch of Berenberg Bank reiterated a "Buy" rating but downgraded the price target from US$160 to US$157.</li> </ul> <h2 style="text-align: center;">Platreef Targets Q4 2026 Production</h2> Upcoming catalysts investors should pay attention to were also listed in the <a href="https://www.stockwatch.com/News/Item/Z-C!WPM-3849036/C/WPM" target="_blank" rel="noopener">press release</a>. Platreef is targeting commercial production in Q4 2026, while Kurmuk is expected to begin operations in August with first gold expected to follow within weeks. Koné remains targeted for first gold in late Q4 2026 through its oxide circuit, and El Domo remains on schedule for initial commissioning in July 2027. <h2 style="text-align: center;">Ownership & Share Information1</h2> Wheaton Precious Metals Corp. has a market cap of CA$83.43 billion, with 454.16 million shares outstanding. The company's 52-week range is CA$126.12-CA$226.28. Institutions own 72.95% of shares, while Management & Insiders own 0.12%. The remaining 26.93% of shares are Retail. [OWNERSHIP_CHART-291] <h2 style="text-align: center;">Frequently Asked Questions</h2> Q: What is precious-metals streaming? A: Precious-metals streaming is a financing model in which a company provides upfront capital to a mining company in exchange for the right to purchase a portion of future metal production at an agreed price. Q: How does a precious-metals streaming company make money? A: A streaming company purchases metals from mining operators at predetermined prices and can then sell those metals at prevailing market prices. The difference can provide a source of revenue and cash flow. Q: What is gold equivalent production? A: Gold equivalent production combines the output of multiple metals into a single figure based on their relative values. It allows companies that produce gold, silver and other metals to report their overall production in comparable gold-equivalent ounces. Q: What factors affect gold and silver prices? A: Gold and silver prices can be influenced by interest rates, inflation expectations, currency movements, central-bank activity, investment demand, industrial demand, geopolitical conditions and changes in mine supply. Q: What is a mining company's attributable production? A: Attributable production refers to the portion of a mine's production that belongs to a company based on its ownership interest, streaming agreement or other contractual arrangement. [SMNLINSERT]Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32202"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32202" width="0" height="0"> ( Companies Mentioned: WPM:TSX; WPM:NYSE, ) Fri, 14 Aug 2026 00:00:00 PST Nova Scotia Gold Project Hits 61.22 g/t as Feasibility Advances https://www.streetwisereports.com/article/2026/08/17/nova-scotia-gold-project-hits-61-22-g-t-as-feasibility-advances.html Source: <a href="https://www.streetwisereports.com/article/2026/08/17/nova-scotia-gold-project-hits-61-22-g-t-as-feasibility-advances.html?utm_medium=feed">Streetwise Reports 08/17/2026</a> NexGold Mining advances its Goldboro Gold Project feasibility study while reporting strong infill drill results including 61.22 g/t gold over 12 meters amid supportive gold market conditions.Gold prices holding above US$4,300 per ounce have created a favorable backdrop for developers with advanced Canadian projects. <a href="https://www.streetwisereports.com/pub/co/1961?utm_medium=feed" target="_blank" rel="noopener">NexGold Mining Corp. (NEXG:TSX.V; NXGCF:OTCQX; TRC1:FSE)</a> is positioned with two permitted assets in stable jurisdictions and a cash balance exceeding CA$100 million. Retail investors are watching how companies with near-term construction decisions perform when central bank buying and shifting rate expectations support the metal. <a href="https://www.cnbc.com/2026/08/12/gold-prices-metals-fed-rate-hike-inflation.html" target="_blank" rel="noopener">According to an August 12 report from CNBC</a>, gold posted its strongest weekly gain since January, with strategists noting that demand now extends beyond traditional safe-haven flows. <h2 style="text-align: center;">Why NexGold Stands Out in the Current Gold Environment</h2> NexGold controls the Goldboro Gold Project in Nova Scotia and the Goliath Gold Complex in Ontario. Both assets carry the major permits needed for construction, reducing one of the longest lead times in mine development. The company ended June 30 with CA$101.1 million in cash and short-term investments, providing runway for ongoing studies and drilling without immediate dilution pressure. <h2 style="text-align: center;">Key Assets and Recent Catalysts at Goldboro</h2> <a href="https://nexgold.com/nexgold-reports-q2-2026-financial-and-operating-results/" target="_blank" rel="noopener">Financial and operating results for the three and six months ended on June 30, 2026, with work during the second quarter focused on the Goldboro Gold Project and Goliath Gold Complex. </a>Work at Goldboro during the second quarter centered on an updated feasibility study. Activities included an updated open-pit mineral resource estimate, capital and operating cost updates, geotechnical drilling, and mine plan development. A 30,000-meter reverse circulation infill program was launched to tighten drill spacing in areas slated for early mining. Highlight intercepts included 61.22 g/t gold over 12.0 meters in RC-26-073, 5.85 g/t gold over 13.0 meters in RC-26-037, and 3.82 g/t gold over 13.0 meters in RC-26-060. The program was later expanded to roughly 40,000 meters after initial results confirmed grade continuity. Two large-scale airborne geophysical surveys were also completed, covering more than 32,000 hectares, with interpretation still underway to identify additional targets along the 3.4-kilometer strike. <h2 style="text-align: center;">Progress at the Goliath Gold Complex</h2> At Goliath, a 25,000-meter infill and expansion drill program at the Goldlund deposit reached 21,986 meters by quarter end. Notable intercepts included 15.21 g/t gold over 20.1 meters in GL-26-007, 5.11 g/t gold over 21.8 meters in GL-26-014, and 4.51 g/t gold over 21.9 meters in GL-26-012. Environmental baseline work and First Nations engagement continue to support future permitting steps. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>NexGold holds two permitted Canadian gold projects with construction decisions targeted for 2026.</li> <li>CA$101.1 million in cash provides balance-sheet strength during the pre-construction phase.</li> <li>High-grade reverse circulation intercepts at Goldboro, including 61.22 g/t over 12 meters, support near-term mine plan areas.</li> <li>Updated feasibility study and mineral resource estimate remain on track for delivery in 2026.</li> <li>Analyst targets from National Bank Financial and Red Cloud Securities range from C$4.30 to C$6.00 with Buy ratings.</li> <li>Gold market conditions, including central bank purchases, remain supportive for developers.</li> </ul> <h2 style="text-align: center;">Industry Timing and Analyst Perspectives</h2> <a href="https://finance.yahoo.com/markets/commodities/article/gold-prices-must-overcome-this-next-hurdle-before-another-bullish-run-115154899.html" target="_blank" rel="noopener">Yahoo Finance reported on August 13 that gold had gained approximately 6.3% over the preceding month</a>. <a href="https://www.jmbullion.com/charts/gold-price/?wickedsource=google&wickedid=CjwKCAjw1vXTBhB-EiwAEKr_k-BuCkaWDNvs0Y3N0AUyMBBom1v4EtVV_u9P6FjTYvkNw4luT-SdiRoCR1kQAvD_BwE&w_adid=808952602476&w_campaignid=173655985&gad_source=1&gad_campaignid=173655985&gbraid=0AAAAADwTUk_yxX5J-jwg72BMLoTrRYxak&gclid=CjwKCAjw1vXTBhB-EiwAEKr_k-BuCkaWDNvs0Y3N0AUyMBBom1v4EtVV_u9P6FjTYvkNw4luT-SdiRoCR1kQAvD_BwE" target="_blank" rel="noopener">Gold's spot price stood at US$4,329.39 per ounce as of 9:32 p.m. EDT on August 13</a>. Analysts at National Bank Financial and Red Cloud Securities maintain Buy ratings, citing the de-risking effect of recent drilling on initial mining areas at Goldboro. <h2 style="text-align: center;">2026 Milestones and Next Steps</h2> <a href="https://nexgold.com/wp-content/uploads/2026/08/NEXG-Corporate-Presentation-Aug-2026.pdf" target="_blank" rel="noopener">NexGold's August 2026 corporate presentation</a> outlines an updated mineral resource estimate, feasibility study refresh, detailed engineering, long-lead procurement, and an early works construction program for the second half of the year. A final investment decision is targeted before year-end.[OWNERSHIP_CHART-1961] <h2 style="text-align: center;">Share Structure and Ownership1</h2> Management and insiders hold 2% of the company. Institutions and strategic investors, including Frank Giustra at 5%, own 66% collectively. As of August 13, 2026, shares outstanding totaled approximately 255.04 million for a market capitalization of CA$336.65 million. <h2 style="text-align: center;">Common Questions from Investors</h2> What were the strongest Goldboro drill results? The highest-grade intercept was 61.22 g/t gold over 12.0 meters in RC-26-073. When is the updated feasibility study expected? NexGold expects completion of the updated Goldboro feasibility study in 2026. How much cash does NexGold hold? The company reported CA$101.1 million in cash and short-term investments at June 30, 2026. What analyst ratings are in place? National Bank Financial and Red Cloud Securities both maintain Buy ratings with targets of C$6.00 and C$4.30, respectively. Investors should weigh permitting timelines, gold price volatility, and execution risk when evaluating development-stage companies. NexGold's cash position and permitted status provide tangible advantages as the sector responds to sustained central bank demand. [SMNLINSERT]Important Disclosures:<ol> <li>NexGold is a billboard sponsor of Streetwise Reports. The company pays a monthly sponsorship fee of US$3,000–US$6,000 for banner advertising and an enhanced company profile page. Streetwise Reports’ editorial content is fully independent and is not influenced by sponsorship. </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 NexGold.</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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32201"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32201" width="0" height="0"> ( Companies Mentioned: NEXG:TSX.V; NXGCF:OTCQX; TRC1:FSE, ) Mon, 17 Aug 2026 00:00:00 PST Gold Developer Advancing Major BC Gold-Copper Project Releases Report, Finances https://www.streetwisereports.com/article/2026/08/17/gold-developer-advancing-major-bc-gold-copper-project-releases-report-finances.html Source: <a href="https://www.streetwisereports.com/article/2026/08/17/gold-developer-advancing-major-bc-gold-copper-project-releases-report-finances.html?utm_medium=feed">Streetwise Reports 08/17/2026</a> Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announces the filing of its Report to Shareholders, Interim Financial Statements and Management's Discussion and Analysis for the three and six months ended June 30. Read why one analyst says recent financing gives the company flexibility without dilution.<a href="https://www.streetwisereports.com/pub/co/700?utm_medium=feed" target="_blank" rel="noopener">Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT)</a> announced that it has filed its Report to Shareholders, Interim Financial Statements and Management's Discussion and Analysis for the three and six months ended June 30, <a href="https://www.seabridgegold.com/press-release/seabridge-gold-files-second-quarter-2026-report-to-shareholders-and-its-financial-statements-and-md-a" target="_blank" rel="noopener">according to a release on August 13</a>. The documents are available on <a href="https://www.sedarplus.ca/home/" target="_blank" rel="noopener">SEDAR+</a> and on the <a href="https://www.seabridgegold.com/investors/financial-reports." target="_blank" rel="noopener">company's website</a>. Seabridge said its 2026 KSM field program remains extensive and is progressing in support of the feasibility study, which continues to advance according to schedule. The company said it has also secured access to a US$100 million credit facility to maintain momentum at KSM, while discussions with its preferred candidate for an earn-in joint venture remain underway. During the period, Seabridge published its 2025 Sustainability Report, completed the spin-out of the Courageous Lake project to shareholders and received the Smithers Resource and Mining Excellence Award, the release noted. The company also noted that the British Columbia Supreme Court has deemed the province's Substantially Started determination for KSM reasonable but ordered further Indigenous consultation. For the three months ended June 30, Seabridge reported net income of US$117.5 million, or US$1.08 per share, compared with US$12.3 million, or US$0.12 per share, in the year-earlier quarter. The stronger result primarily reflected gains associated with the distribution of the Courageous Lake project. Seabridge said it invested US$32.5 million in mineral interests, property and equipment at its projects during the quarter, up from US$21.1 million a year earlier. Net working capital stood at US$53.6 million at June 30, compared with US$109.8 million at the end of 2025. <h2 style="text-align: center;">Financing Facility Available to Boost Liquidity</h2> <a href="https://www.streetwisereports.com/article/2026/07/21/gold-explorer-secures-us-100m-facility-for-its-massive-bc-project.html?utm_medium=feed" target="_blank" rel="noopener">In July, the Seabridge announced</a> it had entered into an unsecured, short-term financing agreement with a strategic investor that gives the company access to up to US$100 million. "We are pleased to secure financing to support the significant investments we are making in our summer season work programs at our 100% owned KSM Project," Seabridge Chair and Chief Executive Officer Rudi Fronk said. "Our 2026 work programs at KSM include building of roads to provide improved access to future infrastructure areas and the collection of geotechnical, metallurgical, and environmental data from drilling, test pitting, and sampling required to support KSM's feasibility level design and engineering activities." The company said it can access the facility at its discretion through draws of no less than US$10 million. The financing bears interest at 7%, compounded monthly, with the accrued interest capitalized until the loan matures on Dec. 31, 2026. Seabridge can repay the borrowing in cash at any point or, subject to certain conditions and Toronto Stock Exchange approval, satisfy the balance at maturity with common shares. The agreement includes customary provisions covering conditions, representations, warranties and covenants. Seabridge said it expects to draw on the facility as necessary to bolster its liquidity, although it had not accessed any of the available financing as of the announcement. <h2 style="text-align: center;">Structure Avoids Equity Dilution, According to Analyst</h2> The financing gives Seabridge greater flexibility as it advances feasibility-level work at KSM and pursues a joint venture arrangement intended to improve the project's value, Cantor Fitzgerald analyst Mike Kozak said in a July 20 research note. Kozak viewed the financing as a modestly positive development because its structure enables Seabridge to fund important KSM design and engineering activities without issuing equity. He also continued to expect the company to complete a joint venture transaction for the project during 2026. The analyst said the facility's short maturity and strategic lender could indicate that Seabridge is approaching a potential joint venture announcement, possibly before year-end. He noted that the company can draw the financing in minimum US$10 million increments and can elect to settle the obligation in either cash or common shares. According to Kozak, Seabridge intends to direct the proceeds toward feasibility-level activities at KSM, including road construction to improve access to planned infrastructure areas and the collection of geotechnical, metallurgical and environmental data through drilling, test pits and bulk sampling. Kozak reiterated a Buy rating on Seabridge and kept his CA$66-per-share target, which represented a 115% potential return when he prepared the report. His valuation continues to use a 0.8x NAVPS7.5% target multiple and assumes a 50/50 joint venture at KSM under standard industry terms. "The company's flagship 100%-owned KSM project is among the world's largest development-stage gold-copper projects," Kozak noted. "It is permitted to commence construction and is scoped to produce +1.0 MMoz Au (million ounces gold)/year (plus by-products) over a multi-decade mine life." <h2 style="text-align: center;">Work at KSM Continues Without Interruption</h2> <a href="https://www.streetwisereports.com/article/2026/06/15/court-deems-northwestern-bc-gold-copper-project-substantially-started-designation-as-reasonable-but-faces-further-consultation-order.html?utm_medium=feed" target="_blank" rel="noopener">On June 9, 2026, RBC Capital Markets analyst Harrison Reynolds reaffirmed</a> an Outperform rating and US$71 price target on Seabridge, representing approximately 155% upside to the June 8 closing price of US$27.83, after the British Columbia Supreme Court decision upholding the Environmental Assessment Office's 2024 "Substantially Started" determination for the KSM project while requiring further consultation with the Tsetsaut Skii km Lax Ha (TSKLH). Seabridge continues work at KSM without interruption and has invested approximately US$208 million in permanent works since its January 2024 application, bringing cumulative spending to US$1.2 billion, which Reynolds believes reinforces the basis for maintaining the designation during reconsideration. Management continues to advance the 2026 site program, including feasibility study preparations aimed at completion in the second half of 2027, road construction and completion of BC Hydro's Treaty Creek Terminal. Support from the Nisga'a and Tahltan Nations and the Gitxsan Hereditary Chiefs Office remains in place, with the TSKLH issue characterized as a procedural matter involving one Indigenous group rather than broader First Nations opposition. Maintaining the "Substantially Started" status also preserves KSM's provincial and federal environmental assessment certificates for the project's life, eliminating the July 2026 expiry that otherwise could have prevented further development. Reynolds based the US$71 valuation on an average 0.40x multiple of RBC's NAV8% estimate, applying a discount to comparable developers because of KSM's development stage, potential partnership requirements, longer-term value from resources and projects not included in the model, and construction complexity and costs. RBC's Speculative Risk designation reflects the project's early development stage and future construction exposure, while other risks include the need to secure a partner to help fund the feasibility study and eventually operate the mine, exposure to gold and copper prices, and substantial construction capital requirements estimated at US$6.4 billion under the 2022 PFS or US$7.8 billion under RBC's smaller initial project scenario. Reynolds also cited KSM's remote location and challenging climate, additional permitting requirements before production, financing dependence on partnership terms and market conditions, and historical opposition from local organizations and environmental groups over potential effects on waterways, rivers and salmon habitat. According to TipRanks, on August 3 Soundarya Iyer of B. Riley Securities rated the stock with a Buy and a target of CA$55.81. <h2 style="text-align: center;">The Catalyst: Gold On the Rise Once Again</h2> Spot gold and silver advanced in early U.S. trading Friday as disappointing July retail sales data increased expectations that the Federal Reserve could leave interest rates unchanged in September, <a href="https://www.kitco.com/news/article/2026-08-14/gold-rebounds-retail-sales-miss-offsets-oil-driven-inflation-risk-kitco-am" target="_blank" rel="noopener">Kitco News reported on August 14</a>. Gold traded near US$4,376.40 an ounce, rising 0.60%, while silver climbed 0.66% to US$64.740. July retail sales dropped 0.6% compared with forecasts for a 0.1% gain, and sales excluding automobiles decreased 0.3%, adding to other recent signs of softer economic conditions, including weaker consumer inflation and an unchanged headline producer-price reading. Markets subsequently placed the likelihood of a 25-basis-point September rate hike at about 32% to 33%, down from almost 50% the previous week, while the 10-year U.S. Treasury yield held near 4.6% and the U.S. dollar index stayed below 100.00. Softer economic data supported bullion by easing pressure from interest rates, although stronger oil prices and anticipation of the University of Michigan sentiment report restrained gains. Meanwhile, tensions around the Strait of Hormuz continued to affect energy prices, inflation expectations and safe-haven demand after two UAE tankers were attacked while trying to pass through the waterway, as Washington signaled that it could introduce further economic measures against Iran and continue its blockade without a set end date. In 2026, gold has proven difficult to trade, retreating as much as 18% from its early-year peak above US$5,300 an ounce, according to Goldprice.org, <a href="https://www.cnbc.com/2026/08/12/gold-prices-metals-fed-rate-hike-inflation.html" target="_blank" rel="noopener">noted Kevin Williams writing for CNBC on August 12</a>. The precious metal nevertheless posted its strongest weekly performance since January last week, while gold-mining shares recorded their best five-day stretch since 2008. With gold's recent swings leaving its year-to-date performance roughly flat, some investors believe the upward trend could continue, although risks remain. Despite the recent volatility, gold has still gained more than US$1,000 over the past year.[OWNERSHIP_CHART-700] "Gold is the new gold," said Pippa Malmgren, a former special assistant to President George W. Bush and member of the National Economic Council. Malmgren said the factors driving investors toward gold remain intact, with concerns that U.S. fiscal spending is excessive and that economic growth outside the U.S. could remain weak, Williams reported. "This implies inflation," Malmgren said. She also pointed to the Trump administration's costly foreign military engagements and support for cryptocurrencies as additional sources of uncertainty for some investors. "This makes nervous investors turn to conservative methods for preserving value, such as buying gold," Malmgren said. Central banks globally are also increasing their gold reserves, which she said reflects diminishing confidence in fiat currencies, with China continuing to play a major role in official-sector purchases, he wrote. <h2 style="text-align: center;">Ownership and Share Structure1</h2> Management and insiders hold approximately 2% of the company, while institutions own about 60%. The remainder is held by retail investors. There are around 107.62 million shares outstanding, with the company having a market cap of CA$4.83 billion and trading within a 52-week range of CA$20.71 to CA$50.77. <h2 style="text-align: center;">Common Investor Questions</h2> What did Seabridge announce? On August 13, 2026, Seabridge Gold filed its Q2 2026 report to shareholders, interim financials, and MD&A. The headline number was net income of US$117.5 million (about CA$163 million), or US$1.08 per share — but that reflects a one-time gain, not operating revenue (see below). Why did net income jump so much? Seabridge is a pre-revenue developer, so the increase from US$12.3 million a year earlier primarily reflects the accounting gain on distributing the Courageous Lake project to shareholders during the quarter. What is KSM? Seabridge's 100%-owned flagship in northwestern British Columbia — described by Cantor Fitzgerald as "among the world's largest development-stage gold-copper projects," permitted to begin construction and scoped to produce more than 1.0 million ounces of gold per year (plus by-products) over a multi-decade mine life. What's the status of the "Substantially Started" court ruling? The BC Supreme Court found the EAO's 2024 "Substantially Started" determination reasonable, but ordered the EAO to reconsider it after a 90-day consultation window for the Tsetsaut Skii km Lax Ha. Work at KSM continues uninterrupted, and the ruling preserves KSM's environmental certificates for the life of the project — removing what would have been a July 2026 expiry. What's the joint-venture angle? Seabridge is in discussions with a preferred candidate for an earn-in joint venture at KSM, and Kozak reads the facility's short maturity and strategic lender as a possible sign that a JV announcement could come before year-end. His valuation assumes a 50/50 JV under standard industry terms. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Seabridge Gold Inc. is a billboard sponsor of Streetwise Reports. The company pays a monthly sponsorship fee of US$3,000–US$6,000 for banner advertising and an enhanced company profile page. Streetwise Reports’ editorial content is fully independent and is not influenced by sponsorship.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Seabridge Gold Inc.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32200"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32200" width="0" height="0"> ( Companies Mentioned: SEA:TSX; SA:NYSE.MKT, ) Mon, 17 Aug 2026 00:00:00 PST Gold Has Had a Strong Two Weeks. Natgold's Was Stronger https://www.streetwisereports.com/article/2026/08/14/gold-has-had-a-strong-two-weeks-natgolds-was-stronger.html Source: <a href="https://www.streetwisereports.com/article/2026/08/14/gold-has-had-a-strong-two-weeks-natgolds-was-stronger.html?utm_medium=feed">Brian Hicks 08/14/2026</a> Brian Hicks of Wealth Daily shares his perspective on NatGold.Gold has climbed 9.4% since July 30. For the oldest and deepest commodity market in existence, that is no small thing — $4,100 to $4,484 an ounce in under a fortnight. <a href="https://secure2.wealthdaily.com/o/op/1185200?utm_optipub=email-renewal&lctg=14215055&code=&identifier=6db4746b8acc7a13d96988099cc90a5f&message_id=102345&link_id=4e82a4a4995f42e51153ad3092e908adbcbb7c6f&utm_referrer=7" target="_blank" rel="noopener">NatGold </a>(Token: NATG) has gained 12.6% across the same window. And Bitcoin — the asset marketed to you for ten years running as digital gold — has slipped 0.8%. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202681483743_natgold-vs-bitcoin-vs-gold-91103.png" alt="" width="1000" height="660" /> Let that settle for a moment, because it is the entire case. NATG moved in gold's direction, and then moved past it — because a NatGold token takes its price from certified in-ground gold, less the cost of pulling it out, and that gap widens more quickly than the metal itself does. Gold rose. NATG rose further. Bitcoin, over those same two weeks, stayed put. It was never actually linked to gold. It was only ever likened to it. This is how an asset backed by certified gold resources behaves when gold runs. 106,800 NATG are in existence so far — the full supply minted to date, tokenized from certified gold at Idaho's Friday Gold Mine and California's Cahuilla Gold Project. That is the entire pool. And it just recently started trading! <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of NatGold.</li> <li>Brian Hicks: I, or members of my immediate household or family, own securities of: NatGold. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32197"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32197" width="0" height="0"> Fri, 14 Aug 2026 00:00:00 PST Gold Company Is Reviving Past-Producing Yukon Gold District https://www.streetwisereports.com/article/2026/08/17/gold-company-is-reviving-past-producing-yukon-gold-district.html Source: <a href="https://www.streetwisereports.com/article/2026/08/17/gold-company-is-reviving-past-producing-yukon-gold-district.html?utm_medium=feed">Streetwise Reports 08/17/2026</a> Blue Jay Gold Corp. (JAY:TSX.V) reports on the progress of its Phase 1 drilling campaign at the Steller Gold Project in southern Yukon. Read why one expert expects steady news flow as a catalyst for the company soon.Blue Jay Gold Corp. (JAY:TSX.V) has reported progress on its Phase 1 drilling campaign at the Steller Gold Project in southern Yukon, with two rigs now operating across the property, <a href="https://bluejaygoldcorp.com/news/news-2026/blue-jay-gold-provides-drilling-update-at-mt-skukum-and-skukum-creek" target="_blank" rel="noopener">according to an August 5 release</a>. One drill is testing the Mt. Skukum epithermal corridor, which hosts the project's only former producing mine, while the second is focused on expansion targets at the Skukum Creek gold-silver deposit. Both rigs are continuing toward additional targets at their respective locations. "There's a lot of ground on this property, and with drilling now underway on both Mt. Skukum epithermal targets and the Skukum Creek structural corridor, the program is advancing as planned (with) testing (of) structural extensions to current resources," said Geordie Mark, chief executive officer of Blue Jay Gold. "Chasing high-grade mineralization targets and revitalizing exploration here with a modern mindset is what excites me most about this stage of the program. Real-time spectral and optical logging through LithologIQ means our geologists can see more of what the rock has to tell at a pace that easily eclipses anything previously possible in the industry. We are excited by the ramp-up of drilling and completion of almost half of the LithologIQ 2026 program. We look forward to updating the market as assay results start to come back." Blue Jay said it has begun drilling at Skukum Creek, a deposit that forms a central part of the Steller project's resource base. The property has been explored for more than a century, with the Skukum Creek area originally staked in 1922. Successive operators have completed more than 44,000 meters of drilling along with more than four kilometers of underground development, the latest of which was completed in 2008. Despite the extensive historical work, Skukum Creek never advanced into production, unlike the nearby Mt. Skukum mine, which operated during the 1980s. Past exploration at Skukum Creek has repeatedly encountered high-grade gold and silver mineralization hosted in steeply dipping, structurally controlled veins, the release noted. Successive drilling campaigns have expanded established mineralized zones, while the deposit remains open both along strike and at depth. Blue Jay's 2026 exploration program is intended to improve the geological understanding of the mineralized structures and test known structural extensions of the deposits and nearby targets. The company is using its contracted LithologIQ system to support drilling at both Skukum Creek and Mt. Skukum. The technology provides real-time spectral core logging, allowing Blue Jay's geological team to examine hydrothermal alteration and structural characteristics as the core comes out of the ground rather than waiting for laboratory assays. The company is also compiling historical information into a site-specific data library to support this work. <h2 style="text-align: center;">Mt. Skukum Mine Inactive Since 1988</h2> Exploration at Blue Jay Gold's Mt. Skukum epithermal corridor began in 1980 after Agip Canada Ltd. identified a strong gold anomaly near the headwaters of Butte Creek through regional stream-sediment sampling, followed by more than 56,000 meters of drilling by various operators through 1997, the release said. The site later became the Steller Gold Project's former producing operation, with Mount Skukum Gold Mining Corp. processing about 233,400 tonnes of mineralized material between 1986 and 1988 and recovering approximately 77,790 troy ounces of gold through its 270-tonne-per-day plant. "Ownership of the claims and mill changed hands several times after mining ended, with the property eventually consolidated into its present configuration through a series of transactions in the 1990s and 2000s, followed by periods of more limited exploration. <h2 style="text-align: center;">The Catalyst: Results, Results, Results</h2> Blue Jay Gold Corp. expects a steady flow of drill results from the Steller drilling campaign as its largest near-term catalyst. According to the release, the two rigs now turning are testing the Mt. Skukum epithermal corridor and the Skukum Creek gold-silver deposit. The program is designed to work on several targets at once: Skukum Creek, Mt. Skukum, and Goddell are being targeted for resource expansion, while RACA and Charleston are being tested for new discoveries, with Becker-Cochrane also included in the broader 2026 exploration plan. Management has said assays will be released on a rolling basis through the remainder of 2026, so the key catalyst is a continuous stream of drill results across multiple targets during the field season, supported by modern re-logging of historical core, spectral analysis, and district-scale structural modeling. <h2 style="text-align: center;">'Pretty Steady' News Flow Expected, Expert Says</h2> <a href="https://www.streetwisereports.com/cs/ce/edit/na/We%20expect%20the%20initial%20assays%20to%20roll%20in%20at%20the%20end%20of%20August,%20and%20the%20company’s%20news%20flow%20should%20be%20pretty%20steady%20from%20then%20on.?utm_medium=feed" target="_blank" rel="noopener">On June 19, Caesars Report noted</a> that although the project has already undergone approximately 120,000 meters of historical drilling, Blue Jay said it has never been assessed comprehensively from a district-scale perspective. The company now intends to take that broader approach, with information generated by the current program expected to improve its understanding of Steller's geology and overall exploration potential. The first assay results are expected toward the end of August, potentially establishing a steady stream of exploration updates as the program progresses. "We expect the initial assays to roll in at the end of August, and the company's news flow should be pretty steady from then on," Caesars Report said. The Steller project benefits from its proximity to Whitehorse, located approximately 55 kilometers away by road, potentially reducing the need for costly helicopter-supported exploration logistics, <a href="https://thedeepdive.ca/blue-jay-gold-debuts-on-the-tsxv-sets-out-fully-funded-steller-drill-plan/">according to Jay Lutz of The Deep Dive on June 4</a>. "The 2026 exploration program is the company's first at the property and is fully funded," Lutz said. "It centers on up to 16,000 meters of diamond drilling across several targets, including Skukum Creek, Mt. Skukum, and Goddell for resource expansion, with RACA and additional untested ground earmarked for discovery." Blue Jay also plans to reinterpret regional airborne magnetic data using 3D inversion, create the project's first district-scale geological model based on oriented core, and modernize the interpretation of roughly 120,000 meters of historical drill core through updated spectral and analytical techniques, while environmental baseline studies and stakeholder engagement continue, Lutz noted. "In this business, most exploration projects begin with a blank map. Steller hands us one that has already been partially drawn," Mark said, according to Lutz, citing the property's four decades of exploration and established high-grade resource. <h2 style="text-align: center;">Gold Is Still on Its Way Up</h2> Spot gold and silver prices moved higher in early U.S. trading on Friday after a weaker-than-expected July retail sales report strengthened expectations that the Federal Reserve may keep interest rates unchanged in September, <a href="https://www.kitco.com/news/article/2026-08-14/gold-rebounds-retail-sales-miss-offsets-oil-driven-inflation-risk-kitco-am" target="_blank" rel="noopener">according to Kitco News on August 14</a>. Spot gold traded around US$4,376.40 an ounce, up 0.60%, while spot silver reached US$64.740, gaining 0.66%. Retail sales declined 0.6% in July versus expectations for a 0.1% increase, while sales excluding automobiles fell 0.3%, following softer-than-anticipated consumer inflation data and a flat headline producer-price reading earlier in the week, the report noted. Markets now assign roughly a 32% to 33% probability to a 25-basis-point September rate hike, down from nearly 50% a week earlier, while the 10-year U.S. Treasury yield hovered around 4.6% and the U.S. dollar index remained below 100.00. The weaker economic figures generally support gold by reducing interest-rate pressure, although firmer oil prices and investor attention on the University of Michigan sentiment report limited the move. Geopolitical tensions surrounding the Strait of Hormuz continued to influence energy markets, inflation expectations, and demand for defensive assets after two UAE tankers came under attack while attempting to transit the waterway, while Washington indicated it could impose additional economic restrictions on Iran and maintain its blockade indefinitely. In 2026, gold has proven difficult to trade, retreating as much as 18% from its early-year peak above US$5,300 an ounce, according to Goldprice.org, <a href="https://www.cnbc.com/2026/08/12/gold-prices-metals-fed-rate-hike-inflation.html" target="_blank" rel="noopener">noted Kevin Williams writing for CNBC on August 12</a>. The precious metal nevertheless posted its strongest weekly performance since January last week, while gold-mining shares recorded their best five-day stretch since 2008. With gold's recent swings leaving its year-to-date performance roughly flat, some investors believe the upward trend could continue, although risks remain. Despite the recent volatility, gold has still gained more than US$1,000 over the past year.[OWNERSHIP_CHART-11624] "Gold is the new gold," said Pippa Malmgren, a former special assistant to President George W. Bush and member of the National Economic Council. Malmgren said the factors driving investors toward gold remain intact, with concerns that U.S. fiscal spending is excessive and that economic growth outside the U.S. could remain weak, Williams reported. "This implies inflation," Malmgren said. She also pointed to the Trump administration's costly foreign military engagements and support for cryptocurrencies as additional sources of uncertainty for some investors. "This makes nervous investors turn to conservative methods for preserving value, such as buying gold," Malmgren said. Central banks globally are also increasing their gold reserves, which she said reflects diminishing confidence in fiat currencies, with China continuing to play a major role in official-sector purchases, he wrote. <h2 style="text-align: center;">Ownership and Share Information1</h2> Blue Jay Gold Corp. has a market cap of CA$36.11 million, with 47.55 million shares outstanding. The company's 52-week range is CA$0.61-CA$1.00. Institutions own 33% of shares, while Management and Insiders own 5%. The remaining 62% of shares are held by Retail. <h2 style="text-align: center;">Common Investor Questions</h2> What did Blue Jay Gold announce? On August 5, 2026, Blue Jay Gold Corp. (JAY:TSX.V) reported that its Phase 1 drilling is underway at the Steller Gold Project in southern Yukon, with two rigs turning — one on the Mt. Skukum epithermal corridor and one testing expansion targets at the Skukum Creek gold-silver deposit. What is the Steller Gold Project? A district-scale, past-producing gold-silver property in southern Yukon, about 55 km by road from Whitehorse (which keeps exploration costs down by avoiding helicopter support). It has been explored for over a century — first staked in 1922 — and has seen roughly 120,000 meters of historical drilling, but Blue Jay says it's never been assessed comprehensively at a district scale. What does the 2026 program involve? A fully funded campaign of up to 16,000 meters of diamond drilling — the company's first at the property — working several targets at once: Skukum Creek, Mt. Skukum, and Goddell for resource expansion, and RACA plus untested ground for new discovery. It's paired with 3D magnetic reinterpretation, a first district-scale geological model, and modern re-logging of the historical core. When are results coming — the key catalyst? Management expects first assays toward the end of August, then results on a rolling basis through the rest of 2026. As Caesars Report put it, "the company's news flow should be pretty steady from then on," making a continuous stream of drill results across multiple targets the main near-term catalyst. How does the gold backdrop factor in? Gold has been volatile but resilient — trading around US$4,376/oz (about CA$6,083) on August 14 after a weak July retail-sales report (−0.6%) trimmed September rate-hike odds to ~32–33% from near 50%. Silver was higher as well. The macro setup — softer data, fiscal concerns, and central-bank buying — remains supportive for gold, which is roughly flat year-to-date but up more than US$1,000 over the past year. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32196"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32196" width="0" height="0"> ( Companies Mentioned: JAY:TSX.V , ) Mon, 17 Aug 2026 00:00:00 PST Nasdaq Move Puts This Tungsten Developer's U.S. Market Ambitions in Focus https://www.streetwisereports.com/article/2026/08/14/nasdaq-move-puts-this-tungsten-developers-u-s-market-ambitions-in-focus.html Source: <a href="https://www.streetwisereports.com/article/2026/08/14/nasdaq-move-puts-this-tungsten-developers-u-s-market-ambitions-in-focus.html?utm_medium=feed">Streetwise Reports 08/17/2026</a> Allied Critical Metals Inc. (ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE) applied to list on the Nasdaq Capital Market while advancing its Portuguese tungsten projects and working toward closing a US$15 million private placement.<a href="https://www.streetwisereports.com/pub/co/11251?utm_medium=feed" target="_blank" rel="noopener">Allied Critical Metals Inc. (ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE) </a>has <a href="https://www.stockwatch.com/News/Item/Z-C!ACM-3851374/C/ACM" target="_blank" rel="noopener">applied to list its common shares on the Nasdaq Capital Market as the company continues work on its Borralha and Vila Verde tungsten projects in Portugal.</a> The proposed Nasdaq listing remains subject to satisfaction of the exchange's listing requirements, receipt of required regulatory approvals, and completion of customary listing processes. The company said there can be no assurance that its application will be approved or that the listing will be completed. <a href="https://www.stockwatch.com/News/Item/Z-C!ACM-3851374/C/ACM" target="_blank" rel="noopener">Roy Bonnell, Chief Executive Officer of Allied, stated</a>: "We believe that a Nasdaq listing will provide us with access to a broader investor base, increased sources of potential capital, increased research coverage from U.S. investment banks, and improved trading liquidity for Allied's common shares as we focus on generating shareholder value by unlocking the potential of the Borralha tungsten project and Vila Verde tungsten project. We look forward to enhancing our capital markets profile by increasing our investor relations efforts and achieving our strategic objectives." Allied is also continuing to work toward closing a US$15 million non-brokered private placement of common shares at US$2.05 per share with an existing strategic investor and a new strategic investor. The company said the existing strategic investor has reconfirmed its intention to backstop the contemplated investment by the new strategic investor. <h2 class="PDq2pG_selectionAnchorContainer" style="text-align: center;" data-section-id="1gzpebt" data-start="0" data-end="77">Tungsten Market Reflects Supply Concentration and Broad Industrial Demand</h2> <a href="https://www.fortunebusinessinsights.com/tungsten-market-115884" target="_blank" rel="noopener">According to a July 27 report from Fortune Business Insights,</a> the global tungsten market was valued at US$5.43 billion in 2025 and US$5.78 billion in 2026. The report projected a market value of US$9.19 billion by 2034, representing a compound annual growth rate of 6.0% from 2026 through 2034. Asia Pacific accounted for 71.64% of the market in 2025. Fortune Business Insights attributed tungsten demand to applications across mining, construction, automotive, aerospace, defense, and industrial equipment. The report identified growing use of wear-resistant tools and high-temperature components as a notable market trend, stating, "A prominent trend in the market is the rising demand for high-performance wear-resistant tools across the industrial sector." It also cited International Tungsten Industry Association data indicating that approximately 60% to 65% of tungsten consumed globally was used in cemented carbides for applications including cutting tools, drilling equipment, and wear-resistant industrial components. Supply remained highly concentrated. Fortune Business Insights cited U.S. Geological Survey data showing that China accounted for about 79% of global tungsten mine production in 2025. The report said this concentration had created exposure to export controls, trade restrictions, and fluctuations in mining output, while development of new mines involved capital requirements, environmental compliance, and lengthy development timelines. <a href="https://timesofindia.indiatimes.com/world/us/china-controls-about-80-of-the-tungsten-market-a-nevada-company-says-it-has-found-1-78-million-tonnes-but-nasa-is-blocking-mining-on-part-of-the-site/articleshow/133054510.cms" target="_blank" rel="noopener">An August 10 report from the Times of India</a> similarly described China as accounting for approximately 80% of global tungsten production. The report said tungsten's importance had increased alongside demand from defense, aerospace, and industrial sectors and described the metal as difficult to substitute in many applications. Kevin Moore, chair and chief financial officer of a U.S. critical-minerals developer discussed in the report, told the Financial Times, "This is not a mining story. It is a national security story." The Times of India also reported that tungsten prices had increased by nearly 600% since early 2025 as demand from aerospace, weapons, and industrial tools had grown while global supply had tightened. The report said China's export controls had contributed to additional uncertainty surrounding supply. China's embassy in Washington said applications complying with relevant regulations would be granted licenses and that China remained committed to maintaining the stability of global supply chains. <a href="https://www.foundry-planet.com/d/tungsten-market-in-transition-plansee-strengthens-supply-security-through-recycling-and-strategic-sourcing/" target="_blank" rel="noopener">Foundry Daily News reported on August 13 that the global tungsten market had been undergoing what it described as a "fundamental transformation," </a>citing tighter Chinese export restrictions and China's increased emphasis on supplying its domestic industries. The report placed China's share of global tungsten mining at approximately 80% and said exports had declined substantially in recent years. According to the report, tungsten prices had risen from approximately US$400 to US$450 per MTU to more than US$3,000 per MTU within a year. Citing INDUSTRIEMAGAZIN, Foundry Daily News said the market conditions were viewed "not as a temporary market disruption, but rather as the consequence of a geopolitical dependency that has been building for many years." The August 13 report also identified recycling and diversified sourcing as components of tungsten supply strategies. It reported that one industrial user obtained approximately 89% of its tungsten from recycled material and said recycled tungsten had a carbon footprint four to five times lower than primary material mined from ore. Despite efforts to expand primary mining capacity, the report described recycling as a continuing cornerstone of raw-material sourcing alongside primary tungsten obtained from diversified suppliers. <h2 style="text-align: center;">Analysts Point to Near-Term Operations and Longer-Term Resource Potential</h2> Ventum Capital Markets analyst Surya Sankarasubramanian reiterated a "Buy" rating on Allied Critical Metals in a June 18 report and increased the firm's price target to CA$2.95 from CA$2.75. The report was issued before Allied announced drilling results from the Venise Breccia. Sankarasubramanian cited the different development profiles of the company's Vila Verde and Borralha projects in explaining the firm's view. "We like Allied because it offers near-term production potential through Vila Verde and longer-term scale potential through Borralha, where current exploration is poised to augment that potential," he wrote. Diamond Equity Research subsequently maintained a CA$3.50 valuation for Allied in a July 13 company-sponsored research update, compared with a share price of CA$2.30 at the time. Analyst Hunter Diamond focused in part on the newly confirmed Venise Breccia and its relationship to the existing Borralha development plan. The firm said the Venise Breccia represented another potential source of resource growth that was not included in the current plan for Borralha. Diamond Equity Research wrote that the discovery "meaningfully enhances Borralha's exploration profile by introducing an additional avenue for future resource growth beyond the assumptions incorporated in the current PEA." The firm's CA$3.50 valuation did not assign any value to the Venise Breccia. Diamond Equity Research said the target remained at an early exploration stage and had not been incorporated into a compliant mineral resource estimate. Diamond Equity Research based its valuation on a blended methodology consisting of a discounted cash flow-based net asset value analysis weighted at 75% and a comparable-company analysis weighted at 25%. The Borralha model used the project's 13.0-million-tonne measured and indicated resource as the principal operating base across an 11-year mine life. The 7.7-million-tonne inferred resource was treated as lower-confidence optionality for extending the mine life. For Vila Verde, the firm modeled a near-term pilot plant operation with an initial throughput of 150,000 tonnes annually over a five-year period. Combining the two valuation methods resulted in an illustrative equity value of CA$629.04 million, equivalent to CA$3.50 per share, contingent on successful execution. Diamond Equity Research disclosed that Allied Critical Metals paid US$50,000 for company-sponsored research services that began on April 30 and are billed annually. <h2 style="text-align: center;">Drilling, Permitting, and Pilot Plant Work Define Upcoming Milestones</h2> At the Borralha Tungsten Project, Allied's 20,000-meter 2026 drill program is underway and is targeting resource expansion and potential mine-life extension beyond the 11-year initial mine plan described in the company's preliminary economic assessment.<a href="https://alliedcritical.com/PDF/ACM-Presentation.pdf" target="_blank" rel="noopener"> The presentation states that only about half of the Santa Helena Breccia zone has been drilled and identifies the breccia and broader property as priorities for upcoming work programs.</a> Borralha received its Environmental Impact Declaration in January 2026 and is advancing through Portugal's mine licensing pathway under APA and DGEG. The company's permitting schedule lists the Project of Execution and RECAPE, covering final engineering and environmental conformity, as advancing. The presentation lists construction and production at Borralha as targeting approximately 2027. The Vila Verde mineral license is being converted from an exploration license to an experimental mining license. According to the presentation, the experimental mining framework allows for up to 150,000 tonnes per year of mineralized material until a full-scale mining license is granted following completion of the feasibility study. Quarry permitting would initially allow 150,000 tonnes per year, with potential expansion to 300,000 tonnes per year. Construction of the Vila Verde pilot plant is scheduled to commence in 2026, with first tungsten concentrate production targeted for the fourth quarter of 2026. The plant is designed for a production capacity of 150,000 tonnes per year of mineralized material, with potential subsequent expansion to 300,000 tonnes per year. Tailings and alluvial material are expected to provide feedstock based on plant design parameters using an estimated average grade of 0.21% WO3. Processing is planned to include crushing and grinding, followed by gravimetric and magnetic concentration. [OWNERSHIP_CHART-11251] The pilot plant is supported by a binding US$15 million senior secured project financing bearing interest at SOFR plus 2.5% per year. The presentation also identifies a binding offtake agreement covering 50% of pilot plant tungsten concentrate production for five years, subject to a 2026 floor price of US$1,000 per mtu. The agreement provides flexibility for purchases by the U.S. Department of War and the Portuguese Ministry of Defense. Allied has also signed a letter of intent with Global Tungsten & Powders in Pennsylvania for the sale of tungsten concentrate and reported ongoing discussions with additional global refineries regarding the remaining production. <h2 style="text-align: center;">Ownership & Share Information1</h2> Allied Critical Metals Inc. has a market cap of CA$416.22 million, with 180.96 million shares outstanding. The company's 52-week range is CA$0.29-CA$2.46. Institutions own 16% of shares, while Management & Insiders own 31%. The remaining 53% of shares are held by Retail. <div class="qMYqUG_convSearchResultHighlightRoot"> <div class="" data-turn-id-container="request-WEB:0b3acb5d-81d7-467f-a078-25767d79a107-45" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&:has([data-writing-block])>*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:0b3acb5d-81d7-467f-a078-25767d79a107-45" data-turn-id-container="request-WEB:0b3acb5d-81d7-467f-a078-25767d79a107-45" data-testid="conversation-turn-12" 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+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="288bc36f-2ef4-4da0-97f6-bd95bae29c57" data-message-model-slug="gpt-5-6" 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="ei13c3" data-start="0" data-end="83">Frequently Asked Questions About Allied Critical Metals and the Tungsten Market</h2> What is Allied Critical Metals Inc.? Allied Critical Metals Inc. is focused on the Borralha Tungsten Project and Vila Verde Tungsten-Tin Project in Portugal. The company has also applied to list its common shares on the Nasdaq Capital Market. Has Allied Critical Metals applied for a Nasdaq listing? Yes. Allied Critical Metals applied to list its common shares on the Nasdaq Capital Market. The proposed Nasdaq listing remained subject to Nasdaq listing requirements, required regulatory approvals, and customary listing processes, and the company said there could be no assurance that the application would be approved or that the listing would be completed. What are Allied Critical Metals' stock symbols? The company's presentation identified Allied Critical Metals under the symbols ACM on the CSE, ACMIF on the OTCQB, and 0VJ0 on the Frankfurt Stock Exchange. What are Allied Critical Metals' main tungsten projects? Allied Critical Metals is focused on two projects in Portugal: the Borralha Tungsten Project and the Vila Verde Tungsten-Tin Project. What is the Borralha Tungsten Project? Borralha is a tungsten project in northern Portugal. The company's presentation reported a measured and indicated resource of 13.0 million tonnes grading 0.21% WO3 and an inferred resource of 7.7 million tonnes grading 0.18% WO3. What is Allied Critical Metals doing at Borralha in 2026? A fully funded 20,000-meter drill program was underway at Borralha, targeting resource expansion and potential mine-life extension beyond the initial 11-year mine plan. The company presentation stated that only about half of the Santa Helena Breccia zone had been drilled. What is the Vila Verde Tungsten-Tin Project? Vila Verde is a brownfield tungsten-tin project in Portugal that includes several historical mining workings. Allied's plans included a pilot plant designed to process 150,000 tonnes of mineralized material annually, with potential subsequent expansion to 300,000 tonnes per year. When is the Vila Verde tungsten pilot plant expected to begin production? The company's presentation targeted first tungsten concentrate production from the Vila Verde pilot plant for the fourth quarter of 2026. Construction was scheduled to commence in 2026. How is the Vila Verde pilot plant being financed? The presentation identified binding US$15 million senior secured project financing at SOFR plus 2.5% per year to fund the Vila Verde pilot plant. Does Allied Critical Metals have a tungsten offtake agreement? Yes. The company's presentation identified a binding offtake agreement covering 50% of Vila Verde pilot plant tungsten concentrate production for five years, subject to a 2026 floor price of US$1,000 per mtu. It also reported a letter of intent for the sale of tungsten concentrate and discussions with additional global refineries. How large is the global tungsten market? Fortune Business Insights valued the global tungsten market at US$5.43 billion in 2025 and US$5.78 billion in 2026. Its July 27 report projected the market would reach US$9.19 billion by 2034, representing a 6.0% compound annual growth rate from 2026 through 2034. Why is tungsten considered a critical mineral? The supplied sector sources described tungsten as important for applications including industrial cutting tools, mining equipment, aerospace, defense, automotive manufacturing, and high-temperature components. Its hardness, durability, and ability to perform under demanding conditions supported its use across these applications. How much of the world's tungsten production comes from China? The supplied sources placed China's share at approximately 80% of global tungsten production. U.S. Geological Survey data indicate that China accounted for approximately 79% of global tungsten mine production in 2025. What has been happening to tungsten prices? Foundry Daily News reported on August 13 that tungsten prices had risen from approximately US$400 to US$450 per MTU to more than US$3,000 per MTU within a year. The report associated the market changes with China's tightening export restrictions and increased focus on supplying its domestic industries. What industries use tungsten? The supplied market research identified mining, construction, automotive, aerospace, defense, metalworking, and industrial equipment among tungsten's end-use markets. Fortune Business Insights cited International Tungsten Industry Association data indicating that approximately 60% to 65% of global tungsten consumption was used in cemented carbides for applications such as cutting tools, drilling equipment, and wear-resistant components. What are analysts saying about Allied Critical Metals? Ventum Capital Markets analyst Surya Sankarasubramanian maintained a "Buy" rating on June 18 and raised the firm's price target to CA$2.95 from CA$2.75. Diamond Equity Research maintained a CA$3.50 valuation in a July 13 company-sponsored research update. Diamond Equity Research disclosed that Allied had paid the firm US$50,000 for company-sponsored research services that commenced on April 30 and were billed annually. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> </div> </div> </div> </div> </div> </div> </section> </div> </div>Important Disclosures:<ol> <li>Allied Critical Metals Inc. is a billboard sponsor of Streetwise Reports. The company pays a monthly sponsorship fee of US$3,000–US$6,000 for banner advertising and an enhanced company profile page. Streetwise Reports’ editorial content is fully independent and is not influenced by sponsorship.</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.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32189"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32189" width="0" height="0"> ( Companies Mentioned: ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE, ) Mon, 17 Aug 2026 00:00:00 PST NexGold Reports Q2 Results as Goldboro Construction Decision Nears https://www.streetwisereports.com/article/2026/08/14/nexgold-reports-q2-results-as-goldboro-construction-decision-nears.html Source: <a href="https://www.streetwisereports.com/article/2026/08/14/nexgold-reports-q2-results-as-goldboro-construction-decision-nears.html?utm_medium=feed">Streetwise Reports 08/14/2026</a> NexGold Mining Corp. (NEXG:TSX.V; NXGCF:OTCQX; TRC1:FSE) reported its second-quarter financial and operating results, detailing feasibility study work, infill drilling, and procurement activity at Goldboro ahead of a final investment and construction decision expected in 2026. Read on to see what analysts are saying.<a href="https://www.streetwisereports.com/pub/co/1961?utm_medium=feed" target="_blank" rel="noopener">NexGold Mining Corp. (NEXG:TSX.V; NXGCF:OTCQX; TRC1:FSE)</a> reported <a href="https://nexgold.com/nexgold-reports-q2-2026-financial-and-operating-results/" target="_blank" rel="noopener">financial and operating results for the three and six months ended June 30, 2026, with work during the second quarter focused on the Goldboro Gold Project and Goliath Gold Complex.</a> As of June 30, NexGold had cash and short-term investments of CA$101.1 million, compared with CA$104.5 million at March 31. The company reported a net loss of CA$16.0 million, or CA$0.06 per share, for the three months ended June 30, compared with a net loss of CA$11.4 million, or CA$0.05 per share, for the three months ended March 31. The company attributed the increase primarily to exploration expenditures and project development activities. At Goldboro, NexGold continued to advance work on an updated Feasibility Study, including completion of an updated open-pit Mineral Resource Estimate, progression of capital and operating cost estimates, and technical, engineering, and risk assessment activities. The company also expanded its Owner's Project Team, completed wireframes and block models, commenced mine plan development, continued engagement with Nova Scotia Power regarding long-term power supply options, and completed geotechnical investigation drilling. Project work also included requests for proposal for an early earthworks contract and employee accommodation facility, preliminary procurement packages for mechanical and electrical equipment, procurement activities for selected long-lead equipment, and development of preliminary project execution materials. NexGold commenced a 30,000-meter reverse circulation infill drill program at Goldboro during the quarter, targeting areas contemplated in the initial years of the current mine plan that are accessible by drill rig. Selected results included 61.22 g/t gold over 12.0 meters in RC-26-073, 5.85 g/t gold over 13.0 meters in RC-26-037, and 3.82 g/t gold over 13.0 meters in RC-26-060. Subsequent to quarter-end, the program was expanded to approximately 40,000 meters. The company also completed two geophysical surveys at Goldboro, consisting of a 2,496 line-kilometer airborne Versatile Time Domain Electromagnetic survey and a 2,656-line-kilometer FALCON fixed-wing airborne gravity gradiometer survey covering 32,007 hectares. Interpretation of the survey data remains ongoing. At the Goliath Gold Complex, NexGold continued its 25,000-meter infill and expansion drilling program focused on the Goldlund Deposit. During the second quarter, 9,173 meters were completed in 23 drill holes, bringing the program total to 21,986 meters. Selected results included 15.21 g/t gold over 20.1 meters in GL-26-007, 5.11 g/t gold over 21.8 meters in GL-26-014, and 4.51 g/t gold over 21.9 meters in GL-26-012. "NexGold was very active in the second quarter of 2026, with a strong focus on the continued execution, advancement, and strengthening of its two cornerstone development projects," <a href="https://nexgold.com/nexgold-reports-q2-2026-financial-and-operating-results/">President, CEO, and Director Kevin Bullock said.</a> The company also continued implementing its Benefits Agreement with the Assembly of Nova Scotia Mi'kmaw Chiefs and Community Benefits Agreement with the Municipality of the District of Guysborough regarding Goldboro. NexGold entered into a Memorandum of Understanding with Eagle Lake First Nation and Lac Seul First Nation, establishing a framework for ongoing collaboration, relationship-building, and negotiation related to the Goliath Gold Complex. <div class="qMYqUG_convSearchResultHighlightRoot"> <div class="" data-turn-id-container="request-WEB:dc32fe30-2baf-4e37-a38e-754bf2bc738b-28" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&:has([data-writing-block])>*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:dc32fe30-2baf-4e37-a38e-754bf2bc738b-28" data-turn-id-container="request-WEB:dc32fe30-2baf-4e37-a38e-754bf2bc738b-28" data-testid="conversation-turn-16" 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+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="5e5ec23a-65a9-4e20-9d1c-05645eb625ac" data-message-model-slug="gpt-5-6" 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="cu97l0" data-start="0" data-end="90" data-is-last-node="" data-is-only-node="">Gold Holds Above US$4,300 as Central Bank Buying and Rate Expectations Shape the Sector</h2> </div> </div> </div> </div> </div> </div> </section> </div> </div> Gold remained above US$4,300 per ounce in mid-August as the precious metal sector continued to respond to changing interest-rate expectations, central-bank demand, and broader economic conditions. <a href="https://www.cnbc.com/2026/08/12/gold-prices-metals-fed-rate-hike-inflation.html" target="_blank" rel="noopener">According to an August 12 report from CNBC</a>, gold had recorded its strongest weekly performance since January after experiencing substantial price swings earlier in 2026. Joe Cavatoni, senior market strategist at the World Gold Council, attributed the rebound partly to changing expectations surrounding interest rates and the economy. "Gold's recent rebound appears to be driven more by changing expectations around interest rates and the economy than by fear alone," Cavatoni said. Cavatoni also described gold's role as extending beyond demand during periods of market stress. "I wouldn't view gold simply as a safe-haven asset. Many investors are using it as a wealth preservation tool and to help diversify portfolios amid ongoing uncertainty about growth and policy," he said. The CNBC report also pointed to continued central-bank purchases. Patrick Kennedy, founder and managing partner of AllSource Investment Management, said, "Central banks never stopped buying." He reported that the People's Bank of China added 19.9 tons of gold in July, its largest monthly purchase since October 2023 and its 21st consecutive month of accumulation. CNBC also reported increased interest in gold mining equities. Independent trader and author Vince Stanzione said, "Many quality mining stocks are trading on single-digit forward P/Es and paying great dividends." The report noted that miner-focused investments could experience larger movements than bullion because changes in the gold price could have an amplified effect when mining costs remained steady. <a href="https://finance.yahoo.com/markets/commodities/article/gold-prices-must-overcome-this-next-hurdle-before-another-bullish-run-115154899.html" target="_blank" rel="noopener">Yahoo Finance reported on August 13 that gold had gained approximately 6.3% over the preceding month</a>. The metal remained roughly 22% below its January 28 record of US$5,602 per ounce after falling nearly 30% from that level to its June 30 low. Exante global head of research Renée Friedman said the rebound had been supported by changing expectations for U.S. monetary policy. "Gold's recent rebound has been driven by fading expectations of further Fed tightening following weaker US labor market data," Friedman said. She added, "Central banks are likely to continue diversifying reserves away from US Treasuries, supporting longer-term demand for gold. Geopolitical uncertainty and sanctions risks continue to reinforce safe-haven demand for gold." <a href="https://www.jmbullion.com/charts/gold-price/?wickedsource=google&wickedid=CjwKCAjw1vXTBhB-EiwAEKr_k-BuCkaWDNvs0Y3N0AUyMBBom1v4EtVV_u9P6FjTYvkNw4luT-SdiRoCR1kQAvD_BwE&w_adid=808952602476&w_campaignid=173655985&gad_source=1&gad_campaignid=173655985&gbraid=0AAAAADwTUk_yxX5J-jwg72BMLoTrRYxak&gclid=CjwKCAjw1vXTBhB-EiwAEKr_k-BuCkaWDNvs0Y3N0AUyMBBom1v4EtVV_u9P6FjTYvkNw4luT-SdiRoCR1kQAvD_BwE" target="_blank" rel="noopener">Gold's spot price stood at US$4,329.39 per ounce as of 9:32 p.m. EDT on August 13</a>, according to JM Bullion. The source stated that the spot price "can fluctuate by the second, driven by investment supply and demand, and other factors." <div class="qMYqUG_convSearchResultHighlightRoot"> <div class="" data-turn-id-container="request-WEB:dc32fe30-2baf-4e37-a38e-754bf2bc738b-23" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&:has([data-writing-block])>*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:dc32fe30-2baf-4e37-a38e-754bf2bc738b-23" data-turn-id-container="request-WEB:dc32fe30-2baf-4e37-a38e-754bf2bc738b-23" 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+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="bc270ced-e4fb-4fbd-b1cb-58a4dd4c743c" data-message-model-slug="gpt-5-6" 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="po9n0x" data-start="0" data-end="65" data-is-last-node="" data-is-only-node="">Analysts Maintain Buy Ratings as Goldboro Development Advances</h2> </div> </div> </div> </div> </div> </div> </section> </div> </div> Analyst coverage of NexGold remained favorable during the first half of 2026, with National Bank Financial and Red Cloud Securities maintaining Buy ratings as the company continued work at the Goldboro Gold Project. National Bank Financial analyst Alex Terentiew reiterated a Buy rating on March 26 and maintained a C$6.00 target price. Red Cloud Securities analyst Ron Stewart followed on June 26 by reaffirming a Buy (Speculative) rating with a C$4.30 target after NexGold reported initial results from its reverse circulation drilling program at Goldboro. Stewart said the first 82 holes, totaling 3,265 meters, supported the grade and thickness previously established through diamond drilling. He pointed to 61.22 g/t gold over 12.0 meters as the strongest intercept in the release and wrote that the results "materially de-risk[s] initial mining" at the project. He also said the reverse circulation results were not expected to be included in the updated feasibility study. However, Stewart wrote that the drilling was expected to play "a pivotal role in the final investment decision later this year." The close-spaced program was completed on a spacing of up to 12.5 meters and generated additional geological and mineralization information from the western portion of Goldboro, which Stewart identified as the area planned for initial mining. He reported an average gold grade of 2.06 g/t across the program and a weighted average grade of 2.13 g/t. Stewart said the drilling data should also contribute to resource work following completion of the feasibility study. He described the information as "pivotal for converting 484k oz Au of inferred resources to the measured category." His June report also identified several Goldboro activities expected during the balance of 2026. These included completion of an updated mineral resource estimate and feasibility study, work on project financing, a final investment decision, and commencement of an early works construction program during the second half of the year. Stewart also addressed ongoing work at the Goliath Gold Complex. He cited the planned 25,000-meter infill drilling program at the Goldlund deposit, additional exploration across the wider property package, and environmental baseline and technical studies intended to support permitting work with First Nations communities and other stakeholders. <h2 style="text-align: center;">2026 Work Programs Set Out Next Project Steps</h2> <a href="https://nexgold.com/wp-content/uploads/2026/08/NEXG-Corporate-Presentation-Aug-2026.pdf" target="_blank" rel="noopener">NexGold's August 2026 corporate presentation</a> identifies several additional 2026 work streams at Goldboro. The company plans to update the Mineral Resource Estimate following recently completed infill drilling and update the Feasibility Study, including operating cost, capital expenditure, and gold price assumptions. Project execution plans include building organizational capacity through the internal team and project partners, finalizing contracting and procurement strategies, and developing a detailed schedule. NexGold also plans to advance detailed engineering to support construction requirements and timing and commence procurement for long-lead equipment. The presentation states that NexGold plans to finalize project financing arrangements and make a final investment and construction decision for Goldboro. It also identifies an early works construction program for the second half of 2026. Exploration plans call for detailed, close-spaced infill drilling to define potential near-surface Mineral Resources and work directed at discovering additional deposits and mineral resources. The presentation also states that Goldboro has all the necessary provincial and federal permits required to advance to a construction decision. Mineralization has been traced for more than 3.4 kilometers of strike, and the deepest hole cited in the presentation was drilled to 550 meters depth. The company identified four high-priority growth targets named Stewart, Fowler, Armstrong, and Hurricane following analysis of historical data and recently completed airborne and ground geophysical surveys. At the Goliath Gold Complex, NexGold's 2026 plans include the 25,000-meter infill drill program at Goldlund to improve mineral resource definition at depth and expand open-pit mineral resources. The company also plans additional exploration across the property package directed at discovering and growing mineral resources. Work at Goliath also includes environmental baseline and technical studies to support permitting in collaboration with First Nations communities and local stakeholders. NexGold is evaluating several potential project plans and configurations for the complex. The presentation lists Goldboro's construction decision as expected in 2026 and identifies the project's Feasibility Study update, Mineral Resource Estimate update, close-spaced infill drilling, planning, detailed engineering, procurement, and early works construction among its 2026 priorities. For Goliath, the presentation identifies project optimization, exploration, and drilling to better define and grow mineral resources, and environmental studies and permitting. [OWNERSHIP_CHART-1961] <h2 style="text-align: center;">Ownership and Share Structure1</h2> Management and insiders own 2% of NexGold. Institutions and strategic investors, including Frank Giustra, who holds 5%, collectively own 66% of the company's shares. As of August 13, 2026, NexGold has approximately 255.04 million shares issued and outstanding, with a market cap of CA$336.65 million. <h2 style="text-align: center;">FAQs</h2> <div class="qMYqUG_convSearchResultHighlightRoot"> <div class="" data-turn-id-container="request-WEB:dc32fe30-2baf-4e37-a38e-754bf2bc738b-29" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&:has([data-writing-block])>*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:dc32fe30-2baf-4e37-a38e-754bf2bc738b-29" data-turn-id-container="request-WEB:dc32fe30-2baf-4e37-a38e-754bf2bc738b-29" data-testid="conversation-turn-18" 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+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="cd318547-9e79-45cb-8c5a-3ae6d97956f0" data-message-model-slug="gpt-5-6" 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"> What did NexGold Mining Corp. report for the second quarter of 2026? NexGold Mining Corp. (NEXG:TSX.V; NXGCF:OTCQX) reported continued development and exploration activity at its Goldboro Gold Project and Goliath Gold Complex during Q2 2026. The company ended June 30 with 101.1 million Canadian dollars in cash and short-term investments and reported a quarterly net loss of 16.0 million Canadian dollars. What is happening at NexGold's Goldboro Gold Project in 2026? NexGold continued work on an updated Goldboro Feasibility Study, mine planning, engineering, procurement, and project execution activities. Its August 2026 corporate presentation also identified an updated Mineral Resource Estimate, completion of the updated Feasibility Study, detailed engineering, project financing arrangements, a final investment and construction decision, and an early works construction program in the second half of 2026 among the project's planned activities. When is the updated Goldboro Feasibility Study expected? NexGold President and CEO Kevin Bullock said the updated Goldboro Feasibility Study remained on track for completion in 2026. The company's August corporate presentation said the update would include operating costs, capital expenditure, and gold price assumptions. What were NexGold's latest Goldboro drilling results? Selected results from NexGold's reverse circulation infill drilling at Goldboro included 61.22 g/t gold over 12.0 meters in hole RC-26-073, 5.85 g/t gold over 13.0 meters in RC-26-037, and 3.82 g/t gold over 13.0 meters in RC-26-060. Why did NexGold expand the Goldboro drilling program to 40,000 meters? NexGold initially commenced a 30,000-meter reverse circulation infill program focused on areas contemplated in the initial years of the current mine plan. According to Bullock, results received to date supported the program's objectives, leading NexGold to increase the planned program from 30,000 meters to approximately 40,000 meters. What exploration work is NexGold conducting at the Goliath Gold Complex? NexGold continued a planned 25,000-meter infill and expansion diamond drilling program focused on the Goldlund Deposit. By the end of Q2, 21,986 meters had been completed. The company's 2026 plans also included additional exploration across the property package and environmental baseline and technical studies supporting permitting. What were the latest Goldlund gold drilling results? Selected Goldlund results included 15.21 g/t gold over 20.1 meters in hole GL-26-007, 5.11 g/t gold over 21.8 meters in GL-26-014, and 4.51 g/t gold over 21.9 meters in GL-26-012. What geophysical exploration has NexGold completed at Goldboro? NexGold completed a 2,496 line-kilometer airborne Versatile Time Domain Electromagnetic survey and a 2,656-line-kilometer FALCON fixed-wing airborne gravity gradiometer survey covering 32,007 hectares at Goldboro. Interpretation of the survey data remained ongoing. What are the next major NexGold Goldboro milestones in 2026? The company's August presentation identified an updated Mineral Resource Estimate, an updated Feasibility Study, expanded organizational capacity, contracting and procurement strategies, detailed engineering, procurement of long-lead equipment, finalization of project financing arrangements, a final investment and construction decision, and an early works construction program in the second half of 2026. What have analysts said about NexGold Mining stock? National Bank Financial analyst Alex Terentiew reiterated a Buy rating with a CA$6.00 target price on March 26. Red Cloud Securities analyst Ron Stewart reaffirmed a Buy (Speculative) rating with a CA$4.30 target price on June 26 following initial reverse circulation drilling results from Goldboro. What did analysts say about NexGold's Goldboro drilling? Red Cloud Securities analyst Ron Stewart wrote that results from 82 reverse circulation holes totaling 3,265 meters confirmed the grade and thickness previously identified through diamond drilling. He said the results "materially de-risk[s] initial mining" and described the drilling information as playing "a pivotal role in the final investment decision later this year." What is the current gold price? According to JM Bullion, the gold spot price was US$4,329.39 per ounce as of 9:32 p.m. EDT on August 13. Yahoo Finance reported the same day that gold prices had risen approximately 6.3% over the preceding month. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> </div> </div> </div> </div> </div> </div> </section> </div> </div>Important Disclosures:<ol> <li>NexGold is a billboard sponsor of Streetwise Reports. The company pays a monthly sponsorship fee of US$3,000–US$6,000 for banner advertising and an enhanced company profile page. Streetwise Reports’ editorial content is fully independent and is not influenced by sponsorship. </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 NexGold.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32187"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32187" width="0" height="0"> ( Companies Mentioned: NEXG:TSX.V; NXGCF:OTCQX; TRC1:FSE, ) Fri, 14 Aug 2026 00:00:00 PST Silver Explorer Puts Two Rigs to Work as 818 g/t Hit Sets Up September Assays https://www.streetwisereports.com/article/2026/08/14/silver-explorer-puts-two-rigs-to-work-as-818-g-t-hit-sets-up-september-assays.html Source: <a href="https://www.streetwisereports.com/article/2026/08/14/silver-explorer-puts-two-rigs-to-work-as-818-g-t-hit-sets-up-september-assays.html?utm_medium=feed">Streetwise Reports 08/18/2026</a> Silver North Resources Ltd. (SNAG:TSX.V; TARSF:OTCQB) has completed 10 holes totaling 2,550 meters at Haldane while launching a three-week exploration program at Veronica, where previous work returned mineralized float grading 2,860 g/t silver.<a href="https://www.streetwisereports.com/pub/co/11042?utm_medium=feed" target="_blank" rel="noopener">Silver North Resources Ltd. (SNAG:TSX.V; TARSF:OTCQB)</a> reported<a href="https://silvernorthres.com/silver-north-continues-haldane-drilling-and-commences-veronica-exploration-yukon/" target="_blank" rel="noopener"> that drilling is continuing at its flagship Haldane Silver Property in the historic Keno Hill Silver District in central Yukon Territory, while the company has also begun its 2026 field program at the Veronica Property in southeast Yukon.</a> At Haldane, two drill rigs continue to operate, and 10 holes totaling 2,550 meters have been completed since late June. All 10 holes tested the Main Fault structure, where drilling is stepping out from the known extents of mineralization identified during the company's 2024 and 2025 programs. One drill has now been moved to the Bighorn Target to follow up silver mineralization intersected in the only previous drillhole at that target. The 2019 hole returned 125.7 g/t silver over 2.35 meters. The second drill will remain at the Main Fault. Drilling at the Main Fault is expanding on 100 meters of strike and 150 meters of downdip extension identified to date. Previous results include 818 g/t silver, 1.39 g/t gold, 2.54% lead, and 0.98% zinc over 13.15 meters from hole HLD25-31. Drill core from mineralized intersections in the first five holes of the current program has been sampled and shipped to ALS Laboratories. Management expects to begin receiving analytical results in September, while the 2026 Haldane program is expected to continue into October. Silver North has also started its 2026 field program at Veronica, located in the Silvertip District of southeast Yukon. The three-week program follows work completed in 2025 that identified silver mineralization in float and outcrop in stratigraphy that appears prospective for Carbonate Replacement Deposit, or CRD, style mineralization. The primary objective of the Veronica program is to expand an open-ended multi-element soil geochemical anomaly that currently covers an area of 1.2 kilometers by 1 kilometer. Prospecting and mapping are also planned within the anomaly to further understand and expand the Lodge and Cooper showings. Previous work returned mineralized float grading 2,860 g/t silver and an outcropping northeast-trending fault grading 33.2 g/t silver. "The 2025 program at Veronica was highly successful on many fronts," <a href="https://silvernorthres.com/silver-north-continues-haldane-drilling-and-commences-veronica-exploration-yukon/" target="_blank" rel="noopener">President and CEO Jason Weber said in the company news release. </a>"We expanded the footprint of the Betty soil geochemical anomaly and identified a potential mineralized source in float and bedrock, while mapping indicated that the area has stratigraphy favorable for hosting CRD-style silver-lead-zinc mineralization." Weber added that the 2026 program aims to build on the 2025 work and follow up on targets generated from airborne LiDAR, magnetics, and VTEM surveying conducted earlier this season. Additional work at Veronica will investigate several target areas defined by airborne magnetics and VTEM geophysical anomalies. An initial soil grid and contour soil geochemical lines are planned over the southern half of the project, where anomalous soil geochemical results coincide with additional magnetics and VTEM conductivity anomalies. Approximately 850 soil samples are expected to be collected during the three-week program. Silver North's primary assets include its 100%-owned Haldane Silver Project and the Tim and Veronica silver projects. The company stated that it is fully funded for its 2026 and 2027 drilling campaigns. <h2 style="text-align: center;">Silver's Dual Demand Story Takes Shape Across Investment and Technology</h2> <a href="https://finance.yahoo.com/markets/commodities/articles/silver-could-surge-90-investment-112942386.html" target="_blank" rel="noopener">According to an August 12 Investing.com report</a>, analysts had maintained silver price targets of US$75 per ounce for the following zero to three months and US$90 per ounce for the following six to 12 months. The report said investment demand had become an increasingly important factor in the silver market, with analysts expecting a "continued recovery in investment demand." It also reported that silver had faced pressure from higher real yields and a strong U.S. dollar, while demand in India had been reflected in a domestic premium of roughly 7%. The Investing.com report also described differing trends across silver's industrial end markets. Solar demand had faced pressure from thriftiness and the adoption of back-contact cell technology, while demand tied to AI, 5G, and electric vehicles had remained resilient. Analysts said the global silver market was expected to remain in deficit through 2027, with investment flows playing a larger role in price trends. <a href="https://www.indexbox.io/blog/silver-powder-fine-market-to-reach-index-157-by-2035-on-topcon-and-heterojunction-solar-demand/" target="_blank" rel="noopener">An August 13 IndexBox report described fine silver powder demand as increasingly concentrated in photovoltaic cell metallization and multi-layer ceramic capacitor production</a>, which together were estimated to account for 75% to 85% of global fine silver powder consumption. Photovoltaics alone represented roughly half of total consumption. According to the report, the market had entered 2026 with "broader demand fundamentals, more disciplined procurement behavior, and a more regionally diversified supply architecture." IndexBox said the shift toward higher-efficiency TOPCon and heterojunction solar cells had increased silver intensity because those architectures required more silver per wafer than legacy PERC cells. The report stated that TOPCon cells consumed 30% to 50% more silver than PERC cells, while heterojunction cells could require still more. It described the transition as "a primary volumetric driver" for fine silver powder demand. Electronics had represented another significant source of silver consumption. IndexBox estimated that electronics and multi-layer ceramic capacitors accounted for about 30% of fine silver powder demand. The report said miniaturization and higher layer counts in capacitors had increased the amount of silver powder required per component, while 5G infrastructure, electric vehicles, and Internet of Things devices had contributed to demand for advanced electronic components. IndexBox also identified conductive inks and pastes, semiconductor applications, advanced manufacturing, antimicrobial products, and catalytic uses as additional silver powder markets. It said demand for fine powders with specific particle sizes, shapes, and purity levels had increased as manufacturers developed applications requiring higher conductivity and more precise performance. The report characterized the overall market as being supported by "technological innovation and the global energy transition," while also identifying silver price volatility, substitution efforts, refining constraints, and recycling as moderating factors. <a href="https://sdbullion.com/silver-prices" target="_blank" rel="noopener">Later on August 13, SD Bullion reported a silver spot price of US$64.58 per ounce.</a> Its market data showed that silver had risen 10.64% over the preceding 30 days and 68.58% over the preceding year, while declining 16.07% over the prior six months. SD Bullion described the spot price as "the current market price of one troy ounce of silver for immediate delivery" and said it served as the benchmark for pricing physical silver products. SD Bullion also stated that silver pricing had been shaped by continuous trading across global markets and that changes in supply, demand, and economic news had affected the spot price throughout the trading day. The source described its quoted spot price as a central market reference derived from multiple wholesale market quotes rather than the price of a single transaction. <h2 style="text-align: center;">Analysts Highlight Haldane Drilling, Funding, and Veronica Exploration</h2> 1<a href="https://www.streetwisereports.com/article/2026/02/23/fully-funded-for-discovery-in-canadas-highest-grade-silver-camp.html?utm_medium=feed" target="_blank" rel="noopener">John Newell of John Newell & Associates focused on Silver North's exploration position in the Keno Hill Silver District in a February 23 report</a>, including the company's work at the Main Fault target. Newell wrote that "the Main Fault is showing the scale and complexity needed to host high-grade mineralization, and they are still early in revealing its potential." Newell also addressed the company's financing position following a recently completed brokered financing, which he said: "effectively funds the next two years of exploration." He maintained a "Speculative Buy" recommendation on Silver North and wrote that the company had "shifted from 'prove it' mode into 'expand it' mode." His technical analysis identified a "big picture target at CA$1.05." Michael Ballanger of GGM Advisory Inc. discussed the Haldane program in an April 28 report after completion of a SkyTEM312 airborne survey over the property. Ballanger wrote that "most of their 2026 activity will be focused on Haldane." Ballanger also discussed the history of the Keno Hill Silver District, describing it as "the site of the legendary United Keno Hill Mines epic move from CA$0.60 to CA$60 back in the late 1970's." Peter Krauth of The Silver Advisor discussed Silver North's newly launched Haldane drilling program in a June 17 report. Krauth noted that two rigs were expected to operate through the summer and into the fourth quarter, with the program focused on expanding the Main Zone and testing targets generated through fieldwork and the SkyTEM survey. Krauth highlighted hole HLD25-31, which returned 13.15 meters grading 818 g/t silver along with gold, lead and zinc. He also noted that the second rig was expected to evaluate Bighorn and other targets while field crews conducted mapping and ground-truthing work. Krauth wrote that Silver North expected to complete between 5,000 and 7,000 meters of drilling before the program concluded in October. He disclosed that he owned shares and described the company as "a higher-risk play as it's still early," adding that "results so far are quite bullish." Richard Mills of Ahead of the Herd provided a detailed assessment of Silver North's exploration portfolio in a June 24 report. Mills focused on the scale of the 2026 Haldane program, noting that two diamond drill rigs were operating and that up to 7,000 meters of drilling was expected to be completed by October as part of a two-year program funded for between 10,000 and 14,000 meters. Mills described the Main Fault as the third discovery Silver North had made at Haldane and highlighted the 2025 drilling that preceded the larger 2026 campaign. Discussing HLD25-31, he wrote that Main Fault was "a large chunk of mineralization that appears to coalesce from a wide zone with multiple veins into a narrower (albeit still 13 metres wide in hole HLD25-31) higher grade zone that, interestingly, also has gold with it." He also emphasized the silver component of the Haldane mineralization. Mills wrote that "the high silver grades indicate that Haldane is a primary silver play," noting that silver represented 81% of the value in HLD25-31, compared with 12% gold, 5% lead and 2% zinc. Mills identified expansion of the Main Zone and testing of known and newly generated targets as the two objectives of the 2026 drilling program. He noted that one rig was expected to move from the Main Zone to targets including Bighorn, while targets generated from surface fieldwork and the completed SkyTEM airborne geophysical survey were also being evaluated. Beyond Haldane, Mills discussed the company's Tim and Veronica properties. He noted that Silver North had regained 100% ownership of Tim following termination of an option agreement as of May 24. He also highlighted the airborne magnetics and VTEM geophysical program at Veronica and the company's work integrating information from Veronica with the adjacent Tim dataset. Looking at Silver North's exploration record, Mills wrote, "The company's success at the drill bit is certainly impressive." He pointed to three Keno-style silver vein discoveries made in 24 holes and identified Haldane drill results, data from the completed Haldane geophysical survey and the Veronica geophysical program among the company's shorter-term exploration catalysts. Mills disclosed that he owned shares of Silver North Resources. He also stated that Silver North was a paid advertiser on Ahead of the Herd and that the article was issued on behalf of the company. <h2 style="text-align: center;">2026 Exploration Work Advances Across Haldane and Veronica</h2> <a href="https://silvernorthres.com/wp-content/uploads/2026/02/VRIFY-Presentation-February-2026-Silver-North-Resources-Next-Generation-Silver-Discoveries-Corporate-Presentation.pdf" target="_blank" rel="noopener">Silver North's corporate presentation outlined a Haldane program focused on extending Main Fault mineralization downdip and along strike.</a> The presentation called for airborne geophysics to help refine Main Fault targeting and the operation of two drills for four to five months. By August 13, two drills were operating at Haldane, with approximately 2,550 meters completed in 10 holes since late June. One drill remained at the Main Fault while the second had moved to the Bighorn Target. The February presentation described the Main Fault footprint following the 2025 program as extending at least 100 meters along strike and 300 meters downdip from surface. The August update reported that current drilling was expanding on 100 meters of strike and 150 meters of downdip extension identified to date. Core from mineralized intersections in the first five holes had been sent to ALS Laboratories, with management expecting analytical results to begin arriving in September. The 2026 Haldane program was expected to continue into October. Bighorn was among the Haldane targets identified in the February presentation. The drill moved to Bighorn in the current program is following up on the only previous hole at the target, which intersected 125.7 g/t silver over 2.35 meters in 2019. The presentation also described the West Fault, where five holes drilled in 2021 tested the structure along strike and downdip at nominal 50-meter step-outs. That work added 100 meters of strike and 90 meters of dip direction, with mineralization described as open to depth and along strike. Middlecoff and Johnson were identified as additional Haldane targets. Veronica was identified in February as a high-priority target for 2026 exploration. That work is now underway. The current three-week field program is focused on expanding the open-ended multi-element soil geochemical anomaly, which the August update described as covering 1.2 kilometers by 1 kilometer. Approximately 850 soil samples are expected to be collected. The Veronica program also includes prospecting and mapping at the Lodge and Cooper showings and investigation of targets defined by airborne magnetics and VTEM geophysical anomalies. An initial soil grid and contour soil geochemical lines are planned over the southern half of the property, where anomalous soil geochemical results coincide with magnetics and VTEM conductivity anomalies. The February presentation also addressed the Tim Property in the Silvertip District. The property is optioned to Coeur Mining, with terms calling for US$3.55 million in exploration over five years, US$575,000 in cash payments, and completion of a feasibility study by the eighth anniversary. [OWNERSHIP_CHART-11042] At Tim, the presentation stated that a six-hole, 2,250-meter drill program had targeted the Wolf Fault and that drilling results confirmed the presence of a CRD system. One result listed was 3.39 meters grading 52.8 g/t silver, 0.28 g/t gold, 0.11% lead, and 0.27% zinc. Silver North stated in its August update that it is fully funded for its 2026 and 2027 drilling campaigns. <h2 style="text-align: center;">Ownership and Share Structure2</h2> Management and strategic Investors own 14.6%, and the rest is retail. As of August 13, 2026, the company has a market capitalization of approximately CA$25 million and a 52-week share price range of CA$0.185 to CA$0.57 per share. <h2 style="text-align: center;">FAQ</h2> What is Silver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF)? Silver North Resources Ltd. is a silver exploration company whose primary assets include its 100%-owned Haldane Silver Project and the Tim and Veronica silver projects. Its flagship Haldane property is located in the historic Keno Hill Silver District in central Yukon Territory, Canada. What is Silver North Resources doing at the Haldane Silver Project in 2026? Silver North is conducting a 2026 drill program at Haldane with two drill rigs. As of August 13, approximately 2,550 meters had been drilled in 10 holes since late June. All 10 holes tested the Main Fault structure. One drill remained at Main Fault, while the other had moved to the Bighorn Target. When will Silver North release Haldane drill results? Drill core from mineralized intersections in the first five holes of Silver North's 2026 Haldane drilling program had been sampled and shipped to ALS Laboratories. Management expected to begin receiving analytical results in September. The 2026 Haldane drilling program was expected to continue into October. What were Silver North's previous high-grade silver results at Haldane? Previous drilling at the Main Fault included 818 g/t silver, 1.39 g/t gold, 2.54% lead, and 0.98% zinc over 13.15 meters in hole HLD25-31. The Main Fault drilling was expanding upon 100 meters of strike and 150 meters of downdip extension identified to date. What is the Bighorn Target at Silver North's Haldane Project? Bighorn is a silver exploration target at Haldane. Silver North moved one of its two drills to Bighorn in 2026 to follow up on the only previous drillhole at the target, which intersected 125.7 g/t silver over 2.35 meters in 2019. What is Silver North exploring at the Veronica Property in Yukon? Silver North began its 2026 field program at Veronica to expand an open-ended multi-element soil geochemical anomaly covering approximately 1.2 kilometers by 1 kilometer. The program also included prospecting, mapping, and investigation of targets defined by airborne magnetics and VTEM geophysical anomalies. What silver grades has Silver North found at the Veronica Project? Previous exploration at Veronica identified mineralized float grading 2,860 g/t silver and an outcropping northeast-trending fault grading 33.2 g/t silver at the Lodge and Cooper showings. How many soil samples will Silver North collect at Veronica in 2026? Silver North expected to collect approximately 850 soil samples during its three-week 2026 Veronica field program. Work included an initial soil grid and contour soil geochemical lines over the southern half of the property. What is Silver North looking for at the Veronica Project? Silver North's work at Veronica has focused on silver mineralization associated with stratigraphy that appears prospective for Carbonate Replacement Deposit, or CRD, style mineralization. The 2026 program included follow-up work on targets generated from airborne LiDAR, magnetics, and VTEM surveying. What is happening at Silver North's Tim Property? Silver North's February corporate presentation stated that a six-hole, 2,250-meter drilling program at Tim had targeted the Wolf Fault and confirmed the presence of a CRD system. One result listed in the presentation was 3.39 meters grading 52.8 g/t silver, 0.28 g/t gold, 0.11% lead, and 0.27% zinc. Is Silver North funded for its 2026 exploration and drilling program? Silver North stated in its August 13 update that it was fully funded for its 2026 and 2027 drilling campaigns. What was the silver price on August 13? SD Bullion reported a silver spot price of US$64.58 per ounce on August 13. Its data showed silver up 10.64% over the preceding 30 days and 68.58% over the preceding year. What industries were driving silver demand in 2026? An August 13 IndexBox report identified photovoltaic cell metallization and multi-layer ceramic capacitor production as major sources of fine silver powder demand. It is estimated that the two applications together represented 75% to 85% of global fine silver powder consumption, with photovoltaics accounting for approximately half. Why is silver used in solar panels and advanced technology? According to IndexBox, higher-efficiency TOPCon and heterojunction solar cell architectures required more silver per wafer than legacy PERC cells. The report also identified electronics, 5G infrastructure, electric vehicles, Internet of Things devices, conductive inks, and semiconductor applications among sources of silver-related demand. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Silver North is a billboard sponsor of Streetwise Reports. The company pays a monthly sponsorship fee of US$3,000–US$6,000 for banner advertising and an enhanced company profile page. Streetwise Reports’ editorial content is fully independent and is not influenced by sponsorship.</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 Silver North.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Disclosure for the quote from the John Newell article published on February 23, 2026 <ol start="1" type="1"> <li>For the quoted article (published on February 23, 2026), Silver North Resources has paid Street Smart, an affiliate of Streetwise Reports, US$2,000.</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> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32186"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32186" width="0" height="0"> ( Companies Mentioned: SNAG:TSX.V; TARSF:OTCQB, ) Tue, 18 Aug 2026 00:00:00 PST Copper Explorer Launches Fully Funded Drilling in BC https://www.streetwisereports.com/article/2026/08/13/copper-explorer-launches-fully-funded-drilling-in-bc.html Source: <a href="https://www.streetwisereports.com/article/2026/08/13/copper-explorer-launches-fully-funded-drilling-in-bc.html?utm_medium=feed">Streetwise Reports 08/18/2026</a> Copper One Resources Corp. (CEXY:CSE; CEXYF:OTC; IW8:FRA) starts a drilling campaign at its wholly owned Redonda Copper-Molybdenum Project in British Columbia. Read why one expert thinks the company is getting increasing attention from investors.<a href="https://www.streetwisereports.com/pub/co/11069?utm_medium=feed" target="_blank" rel="noopener">Copper One Resources Corp. (CEXY:CSE; CEXYF:OTC; IW8:FRA)</a> has started diamond drilling at its wholly owned Redonda Copper-Molybdenum Project on West Redonda Island in British Columbia, launching a fully financed 2026 exploration campaign aimed at expanding and better defining the property's large porphyry copper-molybdenum system, <a href="https://copperone.com/news/redonda-copper-molybdenum-drill-program-2026-2/" target="_blank" rel="noopener">according to a release on August 7</a>. "We are excited to have commenced drilling at Redonda while continuing to advance our ongoing drill program at our flagship Majuba Hill Copper-Silver-Gold Project in Nevada," Chief Executive Officer David Greenway said. "The start of this fully funded program at Redonda marks an important milestone for Copper One and provides the opportunity to test the southern extension of the known copper-molybdenum system, further evaluate its geometry and continuity, and potentially expand the mineralized footprint. With drilling now underway at two highly prospective North American copper projects, Copper One is well positioned to generate a steady pipeline of exploration results and create long-term value for shareholders." Copper One said it has completed its drill planning and logistics, with four initial drill sites surveyed and prepared. The program calls for approximately 2,400 meters of diamond drilling, with additional holes possible depending on results. Paradigm Drilling Ltd. is carrying out the work with a Boyles T-75 hydraulic, track-mounted diamond drill using NQ tooling and capable of reaching depths beyond 600 meters. Redonda covers nine mineral claims totaling approximately 2,746 hectares on West Redonda Island in British Columbia's Vancouver Mining Division, the release noted. The property hosts a large, underexplored porphyry copper-molybdenum system within the Coast Suture Zone, a geological belt associated with significant porphyry copper deposits. Exploration has taken place intermittently since the late 1960s and has included geological mapping, geochemical sampling, geophysical surveys, trenching, and diamond drilling. <h2 style="text-align: center;">Upcoming Catalysts</h2> Copper One has two 2026 drill programs advancing in parallel. The other is at its <a href="https://copperone.com/news/majuba-hill-2026-drill-program-assays-pending/">flagship Majuba Hill Copper-Silver-Gold Project in Pershing County, Nevada</a>, where drill hole MHB-37B surpassed 732 meters (2,400 feet) — later completed to a total depth of 765.9 meters (2,513 feet)— with the first 536 meters (1,760 feet) of core submitted to ALS Laboratories in Reno for geochemical analysis. Assay results from both programs are pending and will be released once laboratory processing, review, and quality-control procedures are complete, the company said. <h2 style="text-align: center;">Program to Build on Earlier Work</h2> Historical work at Redonda by Teck Resources Ltd., formerly Teck Corp., included nine NQ diamond holes totaling 1,681 meters (5,515 feet) in 1979. Later operators added drilling, trenching, and airborne geophysical surveys, identifying several copper- and molybdenum-bearing zones that remain open along strike and at depth. Copper One's NI 43-101 technical report, filed in March 2026, incorporates historical exploration, recent drilling, and updated geophysical information used to guide the current campaign, the release said. The current program will build on that earlier work by testing the southern continuation of the known mineralized system and refining its orientation, geometry, and continuity. Copper One also aims to extend the recognized strike length of the mineralization beyond one kilometer and establish targets for future step-out drilling. Particular attention will go to the southern portion of the system, where recent field observations have identified a potential previously unrecognized mineralized zone exposed along a historic logging road east of the main trend. Copper One said it plans to map and sample the area systematically, with analytical results potentially determining whether it becomes an additional drill target. Experienced porphyry copper geologist B. Augsten, P.Geo., will oversee most of the geological core logging. In the release, Copper One announced separately amended terms for its previously announced non-brokered special warrant offering. Under the revised terms, the company reduced the subscription price from CA$0.44 to CA$0.40 per Special Warrant, lowering the maximum gross proceeds to CA$7.8 million from CA$8.58 million, while leaving the maximum number of Special Warrants unchanged at 19.5 million. The exercise price of the share purchase warrants underlying each unit issued upon conversion of the Special Warrants has also been reduced from CA$0.55 to CA$0.50 per common share. <h2 style="text-align: center;">Financing Shows Co. Is Attracting Growing Investor Attention</h2> Copper One appears to be attracting growing institutional attention to its Majuba Hill Copper project, underscored by the company's announcement of the financing, <a href="https://midasletter.substack.com/p/copper-one-resources-corp-cashed" target="_blank" rel="noopener">according to James West of the Midas Letter Substack on July 11</a>. The company also reported a high-grade sample from its recent underground breccia mapping program that returned 10.5% copper and 188 grams per tonne (g/t) silver, he noted. For investors trying to distinguish resource companies with meaningful potential from those that have stalled, few signals are more compelling than substantial financing combined with a high-grade discovery. The timing could also prove significant, given that the company announced the financing while advancing a major drilling program. "Here's why," West wrote. "Copper, unless you've been asleep under a rock in the 100-degree weather, is about the only metal commodity that has been exhibiting price movements consistent with a secular supply crunch getting worse with time." West argues that, unlike gold and silver, whose prices can be heavily influenced by movements in the futures market, copper responds more directly to fundamental forces, including declining grades at major producers, insufficient investment in new mines, and rapidly expanding demand driven by artificial intelligence and the accompanying data center buildout. Copper has also displayed comparatively lower price volatility since the start of 2026 than other metals, reinforcing the view that its market is being shaped increasingly by underlying supply-and-demand fundamentals, he said. West said three major themes are driving global copper consumption in 2026, including power-grid expansion and electrification, electric vehicles, and artificial intelligence. Several factors make Copper One particularly interesting for investors, West said. The company secured full ownership of the Majuba Hill Copper-Silver-Gold Project at a reduced acquisition cost. In June 2026, Copper One signed an amendment agreement to purchase 100% of the project for US$1.3 million in cash, approximately US$2.7 million less than the original option framework. Full ownership eliminates earn-in requirements while giving the company greater control over exploration and strategic decisions. Majuba Hill also benefits from its location in Pershing County, Nevada, an established U.S. mining jurisdiction. The property encompasses 403 federal lode mining claims and four private parcels covering approximately 3,919 hectares (9,684 acres). Exploration has further outlined what could be a large copper-silver-gold mineralized system displaying characteristics associated with porphyry-style copper deposits, the Substack said. The project also benefits from its scale, accessibility, infrastructure, and historical exploration. Another potential catalyst is the company's stated goal of progressing toward a maiden mineral resource estimate (MRE), an important development that can materially increase market attention when exploration successfully establishes a defined resource, according to West. "Copper One's latest investor sees the company as an attractive vehicle in which to expose themselves to a high-impact copper play that will likely respond to any meaningful exploration success positively, while the continuing shortfalls and rising demand for copper provide a backdrop of upward price pressure," West wrote. "In combination, those two aspects make Copper One worth a hard look." <h2 style="text-align: center;">Co. Has Increasing Appeal as Demand for Copper Accelerates</h2> 1<a href="https://www.streetwisereports.com/article/2026/02/11/a-us-copper-story-re-emerges-as-policy-geology-and-the-chart-align.html?utm_medium=feed" target="_blank" rel="noopener">In a detailed analysis published by Streetwise Reports on February 11</a> (before the company officially changed its name from Giant Mining Corp. earlier this year), John Newell of John Newell & Associates examined Copper One’s progress and prospects. Over the years, the company has substantially advanced Majuba Hill through extensive drilling, geophysical exploration and geological modeling, building a comprehensive technical database for the project. Newell emphasized Copper One’s increasing appeal as copper demand accelerates and the U.S. places greater importance on developing domestic supplies of critical minerals. Between 2020 and 2025, the company carried out multiple exploration campaigns at Majuba Hill, completing more than 100 drill holes and approximately 27,247 meters (89,395 feet) of drilling. More recent work has targeted extensions of established copper mineralization, deeper sulfide zones and resistivity anomalies identified through geophysical programs and AI-assisted exploration methods. Newell said ongoing technical work at Majuba Hill continues to reveal characteristics associated with a porphyry system. Although the project remains at the exploration stage, successive drilling programs have continued to advance the geological understanding of the property. He also discussed Project Vault, a newly announced U.S. strategic reserve for critical minerals that reflects Washington’s increasing focus on strengthening domestic supplies of copper and other essential commodities. The initiative could reduce dependence on overseas supply chains and potentially enhance the strategic appeal of U.S.-based copper projects. From a technical perspective, Newell noted that Copper One shares underwent a period of correction and consolidation during 2025 before beginning to move above a declining trendline within a triangle formation. Newell concluded his analysis with a Speculative Buy recommendation. <h2 style="text-align: center;">AI is Rapidly Increasing Demand for the Red Metal</h2> Copper futures slipped below US$6.55 per pound as higher prices curbed Chinese demand, although constrained concentrate availability continued to limit the market's downside, <a href="https://www.cruxinvestor.com/posts/copper-falls-below-6-55-as-record---175-7-t-charges-shift-margins-to-miners-can-gains-hold" target="_blank" rel="noopener">reported Ryan Charles for Crux Investor on August 13</a>. Imported concentrate treatment charges dropped to a record negative US$175.7 per tonne from negative US$38.4 per tonne a year earlier, moving more of the industry's profit toward mine operators and away from smelters. China's August refined copper production is expected to reach 1.05 million tons, representing a 2.83% year-over-year decline and marking a second consecutive annual decrease, underscoring limited refined supply despite softer purchasing. Meanwhile, Chilean producer Antofagasta <a href="https://www.reuters.com/business/energy/antofagasta-first-half-earnings-rise-higher-copper-prices-offset-output-decline-2026-08-13/" target="_blank" rel="noopener">lowered its 2026 copper production forecast</a> to between 625,000 and 655,000 metric tons, while stronger copper prices helped drive pretax earnings 72% higher to US$2 billion and increased its dividend to 30.1 cents per share. Market tightness could ease if the Yangshan premium drops below US$96 per tonne or treatment charges improve toward negative US$38.4 per tonne. "Every commodity cycle has a turning point — a moment when the underlying drivers of demand shift so fundamentally that historical pricing models stop working," <a href="https://discoveryalert.com.au/copper-surge-ai-demand-data-centers-price-outlook-2026/" target="_blank" rel="noopener">wrote Muflih Hidayat for Discovery Alert on August 8</a>. "For copper, that inflection point is now."[OWNERSHIP_CHART-11069] A <a href="https://press.spglobal.com/2026-01-08-Substantial-Shortfall-in-Copper-Supply-Widens-as-the-Race-for-AI-and-Growing-Defense-Spending-Add-to-Accelerating-Demand,-New-S-P-Global-Study-Finds">January 2026 study from S&P Global</a>, "Copper in the Age of AI: The Challenges of Electrification," shows how the electricity buildout behind artificial intelligence and is reshaping the copper market. The study projects global electricity demand rising nearly 50% by 2040 — the equivalent of adding roughly 330 Hoover Dams' worth of capacity each year — and copper demand climbing about 50% to 42 million metric tons over the same span. Supply, by contrast, is set to peak in 2030 at 33 million tons, leaving a projected deficit of 10 million tons by 2040, or about 25% below demand, even after recycled copper scrap more than doubles. AI and data centers are a central new driver in that math. S&P Global expects total installed data-center capacity to reach roughly 550 gigawatts by 2040 — more than five times its 2022 level — and estimates that AI/data-center demand and defense demand will each roughly triple by 2040, together adding about 4 million tons of copper consumption. "Economic demand, grid expansion, renewable generation, AI computation, digital industries, electric vehicles and defense are scaling all at once — and supply is not on track to keep pace," said S&P Global Vice Chairman Daniel Yergin, who co-chaired the study. "At stake is whether copper remains an enabler of progress or becomes a bottleneck to growth and innovation." Closing that gap is a slow proposition: the study notes it takes 17 years on average for a new copper mine to advance from discovery to production, and warns that without significant investment, primary supply could actually slip to 22 million tons by 2040 — a million tons below today's output. The report calls the shortfall a "systemic risk for global industries, technological advancement and economic growth," framing domestic copper development as an increasingly strategic priority. <h2 style="text-align: center;">Ownership and Share Structure2</h2> Roughly 7% of Copper One's shares are held by insiders, less than 1% by institutions, and the rest is held in retail. The company's market capitalization is approximately CA$14.09 million. It has 32.17 million shares outstanding and a 52-week range of CA$0.39 and CA$4.25. <h2 style="text-align: center;">Common Investor Questions</h2> What did Copper One announce? On August 7, 2026, Copper One Resources (CSE: CEXY) began diamond drilling at its wholly owned Redonda Copper-Molybdenum Project on West Redonda Island, British Columbia — a fully funded ~2,400-meter program targeting the southern extension of a large porphyry copper-molybdenum system, with more holes possible depending on results. What is the Redonda project? Nine mineral claims covering ~2,746 hectares in B.C.'s Vancouver Mining Division, hosting a large, underexplored porphyry copper-moly system in the Coast Suture Zone. It's been explored intermittently since the late 1960s — including nine holes (1,681 meters) drilled by Teck in 1979 — and Copper One's March 2026 NI 43-101 report guides the current campaign. What's happening at Majuba Hill? Majuba Hill (Pershing County, Nevada) is the flagship, drilling in parallel with Redonda. Hole MHB-37B was completed to 2,513 feet (765.9 meters), with the first 1,760 feet of core sent to ALS Laboratories in Reno for analysis, as part of a planned 3,048-meter (10,000 feet) program. When will assay results come? Results from both Redonda and Majuba Hill are pending and will be released once lab processing, review, and quality-control procedures are complete. Why does the Majuba acquisition matter? In June 2026, Copper One agreed to buy 100% of Majuba Hill for US$1.3 million (about CA$1.8 million) in cash, which analyst James West says is roughly US$2.7 million (about CA$3.8 million) less than the original option terms. Full ownership removes earn-in requirements and gives the company more control over exploration and strategy. How does AI factor into copper demand? AI data centers are far more copper-intensive than conventional ones — AI server clusters draw roughly 60–100 kilowatts per rack versus 5–10 kW for traditional racks — raising copper needs across busbars, transformers, cooling, wiring, and grid connections, which analysts frame as a lasting structural demand source. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Copper One Resources Corp.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Disclosure for the quote from the John Newell article published on February 11, 2026 <ol start="1" type="1"> <li>For the quoted article (published on February 11, 2026), Giant Mining paid Street Smart, an affiliate of Streetwise Reports, US$2,500.</li> <li>Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance. 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32184"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32184" width="0" height="0"> ( Companies Mentioned: CEXY:CSE;CEXYF:OTC;IW8:FRA, ) Tue, 18 Aug 2026 00:00:00 PST Newmont and Barrick Settle Nevada Gold Mines Dispute Clearing Barrick IPO Path https://www.streetwisereports.com/article/2026/08/13/newmont-and-barrick-settle-nevada-gold-mines-dispute-clearing-barrick-ipo-path.html Source: <a href="https://www.streetwisereports.com/article/2026/08/13/newmont-and-barrick-settle-nevada-gold-mines-dispute-clearing-barrick-ipo-path.html?utm_medium=feed">Streetwise Reports 08/13/2026</a> Newmont and Barrick have resolved all remaining disputes involving the Nevada Gold Mines joint venture, with Barrick's Fourmile project and Newmont's Fiberline and Mike projects to be contributed to the partnership. Gold prices have shown resilience amid mixed inflation data and shifting rate expectations, creating a favorable backdrop for major producers. Newmont Corp. (NEM:NYSE; NGT:TSX; NEM:ASX) and Barrick Mining Corp. (ABX:TSX; B:NYSE) stand at the center of this environment as two of the world's largest gold producers by market capitalization.[OWNERSHIP_CHART-457][OWNERSHIP_CHART-20] Recent U.S. inflation figures came in broadly in line with forecasts, supporting gold's move above US$4,400 per ounce and reinforcing expectations for a potentially less restrictive monetary-policy outlook. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>Newmont and Barrick have fully resolved their remaining disputes over the Nevada Gold Mines joint venture, with Barrick's Fourmile project and Newmont's Fiberline and Mike projects to be contributed to the partnership.</li> <li>Newmont will provide Barrick with US$1.95 billion in consideration for the assets to be contributed, while the revised governance framework is intended to support long-term value creation at NGM.</li> <li>The settlement removes a significant obstacle to Barrick's planned IPO of a stake in its North American gold assets, targeted for completion by year-end 2026 with a primary New York listing and secondary Toronto listing.</li> <li>Newmont reaffirmed its 2026 production guidance of 5.3 million attributable gold ounces while advancing a new US$6 billion share repurchase program.</li> <li>Analysts view the transaction price as attractive for Newmont while noting potential infrastructure and study cost savings for the enlarged joint venture.</li> <li>Both companies maintain institutional ownership above 67 percent, with Newmont's market capitalization near US$123.5 billion and Barrick's near US$66 billion.1</li> </ul> <h2 style="text-align: center;">Why the Nevada Settlement Matters Now</h2> The companies announced on August 10 that all remaining disputes tied to the Nevada Gold Mines joint venture have been settled, <a href="https://www.newmont.com/investors/news-release/news-details/2026/Newmont-and-Barrick-Reach-Agreement-Regarding-Nevada-Gold-Mines-Joint-Venture/default.aspx" target="_blank" rel="noopener">according to a release on August 10</a>. Barrick operates the venture with a 61.5 percent interest while Newmont holds 38.5 percent. Under the agreement, the previously excluded assets are to be contributed to NGM, while the companies will operate under revised governance provisions. <a href="https://investingnews.com/barrick-newmont-settle-nevada-dispute/" target="_blank" rel="noopener">As Investing News Network's Giann Liguid reported on August 10</a>, the original points of contention included Newmont's February 2026 notice of default alleging operational shortfalls and resource diversion toward Barrick's 100 percent-owned Fourmile project. The settlement resolves those claims and allows both sides to focus on performance and other priorities at the joint venture. <h2 style="text-align: center;">Barrick's Path to the North American IPO</h2> With Newmont's consent secured, Barrick can proceed with its <a href="https://www.barrick.com/English/news/news-details/2026/barrick-advances-IPO-of-north-american-gold-assets/default.aspx" target="_blank" rel="noopener">planned IPO of its North American gold assets</a>. The company targets completion by the end of 2026, featuring a primary New York listing and secondary Toronto listing. Fourmile's inclusion in NGM is expected to provide access to shared infrastructure and may reduce the need for some standalone infrastructure and development expenditures, potentially generating significant cost savings for the enlarged joint venture. Barrick has already reported strong resource growth at Fourmile, <a href="https://www.globenewswire.com/news-release/2026/02/05/3232770/0/en/Barrick-Reports-Full-Year-and-Fourth-Quarter-2025-Results.html" target="_blank" rel="noopener">doubling the estimate for a second consecutive year in February 2026</a> to approximately 15.6 million ounces. A pre-feasibility study remains scheduled for the end of 2028. <h2 style="text-align: center;">Newmont's Operational and Capital Return Focus</h2> Newmont continues to emphasize production stability and shareholder returns. The company <a href="https://www.newmont.com/investors/news-release/news-details/2026/Newmont-Generates-Record-Quarterly-Earnings-and-Free-Cash-Flow-Reports-First-Quarter-2026-Results-and-Announces-Increased-Share-Repurchase-Authorization/default.aspx" target="_blank" rel="noopener">reaffirmed full-year 2026 guidance of 5.3 million attributable gold ounces</a> while executing a fresh US$6 billion buyback authorization following completion of an earlier program of the same size. The addition of Fiberline and Mike to NGM gives Newmont exposure to an expanded asset base under the updated joint venture terms. <h2 style="text-align: center;">Views on Valuation and Governance</h2> <a href="https://substack.com/home/post/p-210682346" target="_blank" rel="noopener">Robert Sinn of Goldfinger Capital wrote on his Substack on August 10</a> that the agreement settles a major point of contention over governance of the Nevada Gold Mines joint venture. Sinn noted that Newmont's earlier accusations regarding resource diversion carried enough weight to threaten delays to Barrick's IPO plans. <a href="https://seekingalpha.com/news/4630092-barrick-plunges-as-newmont-settlement-value-disappoints-investors" target="_blank" rel="noopener">According to a report by Carl Surran for Seeking Alpha on August 10</a>, Barrick shares declined 7.3 percent on the announcement as some investors viewed the US$1.95 billion consideration as below expectations. Several analysts described the price paid by Newmont as attractive relative to independent valuations of the Fourmile interest. <h2 style="text-align: center;">Analyst Ratings for Newmont and Barrick</h2> According to <a href="https://www.tipranks.com/stocks/nem/forecast" target="_blank" rel="noopener">TipRanks</a>, sentiment on Newmont remains predominantly bullish with 10 of 11 recent ratings at Buy. Price targets cluster between US$110 and US$168, with the most recent upgrade coming from TD Cowen in July. Per <a href="https://www.tipranks.com/stocks/b/forecast" target="_blank" rel="noopener">TipRanks reported</a>, views on Barrick are more balanced, with several Buy ratings carrying targets above US$50 and Hold ratings clustered near current trading levels. <h2 style="text-align: center;">Gold Market Context and Inflation Data</h2> U.S. inflation rose in line with expectations in July, supporting gold's advance to a session high of US$4,438.30, <a href="https://www.kitco.com/news/article/2026-08-12/spot-gold-spikes-above-4438oz-annual-core-cpi-rises-25-july" target="_blank" rel="noopener">reported Ernest Hoffman for Kitco News on August 12.</a> Annual core CPI eased to 2.5 percent, giving the Federal Reserve additional flexibility alongside a softer jobs report, <a href="https://www.cnbc.com/2026/08/12/gold-prices-metals-fed-rate-hike-inflation.html" target="_blank" rel="noopener">noted Kevin Williams writing for CNBC on August 12</a>. Gold has gained more than US$1,000 over the past year despite intra-year volatility, with central bank buying and concerns over fiscal spending cited as ongoing structural supports. <h2 style="text-align: center;">Ownership and Share Structure1</h2> About 0.07 percent of Newmont is held by insiders and management, about 0.02 percent by strategic investors, and about 82.15 percent by institutions. Its market cap is US$123.5 billion with more than 1 billion shares outstanding. Barrick's market cap is US$65.97 billion with more than 1.6 billion shares outstanding. About 0.37 percent of Barrick is owned by insiders and management, and about 67.2 percent by institutions. <h2 style="text-align: center;">Frequently Asked Questions</h2> What assets were added to the Nevada Gold Mines joint venture? Barrick is contributing its wholly owned Fourmile development project, while Newmont is contributing the Fiberline and Mike projects, bringing these previously excluded properties under the existing 61.5/38.5 ownership split. How much is Newmont paying Barrick under the settlement? Newmont will provide Barrick with US$1.95 billion in consideration for the assets to be contributed and the revised joint venture terms. When does Barrick expect to complete its North American gold IPO? Barrick targets completing the IPO by the end of 2026, with a primary listing in New York and a secondary listing in Toronto. What production guidance has Newmont reaffirmed for 2026? Newmont has reaffirmed full-year 2026 guidance of 5.3 million attributable gold ounces while advancing a new US$6 billion share repurchase program. How do analysts view the transaction price? Several analysts described the US$1.95 billion payment as attractive for Newmont relative to independent valuations of the Fourmile stake, while noting potential cost savings for the enlarged joint venture. The settlement provides both companies with a clearer framework to improve safety and operating performance at Nevada Gold Mines while supporting Barrick's IPO timeline. Retail investors should monitor gold price movements, execution on production guidance, and post-IPO developments for further context on valuation. [SMNLINSERT]Important Disclosures:<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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32177"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32177" width="0" height="0"> ( Companies Mentioned: ABX:TSX; B:NYSE, NEM:NYSE;NGT:TSX;NEM:ASX, ) Thu, 13 Aug 2026 00:00:00 PST Gold Majors Settle Nevada Standoff, Clearing Board for IPO https://www.streetwisereports.com/article/2026/08/12/gold-majors-settle-nevada-standoff-clearing-board-for-ipo.html Source: <a href="https://www.streetwisereports.com/article/2026/08/12/gold-majors-settle-nevada-standoff-clearing-board-for-ipo.html?utm_medium=feed">Streetwise Reports 08/13/2026</a> Major gold producers Newmont Corp. (NEM:NYSE; NGT:TSX; NEM:ASX) and Barrick Mining Corp. (ABX:TSX; B:NYSE) have resolved all remaining disputes between the companies over a Nevada joint venture. Find out what comes next for the major gold producers.Major gold producers Newmont Corp. (NEM:NYSE; NGT:TSX; NEM:ASX) and Barrick Mining Corp. (ABX:TSX; B:NYSE) have agreed to bring several excluded properties into the Nevada Gold Mines (NGM) joint venture, resolving all remaining disputes between the companies over the partnership, <a href="https://www.newmont.com/investors/news-release/news-details/2026/Newmont-and-Barrick-Reach-Agreement-Regarding-Nevada-Gold-Mines-Joint-Venture/default.aspx" target="_blank" rel="noopener">according to a release on August 10</a>. The properties include Barrick's Fourmile development and Newmont's Fiberline and Mike projects. The dispute centered on Nevada Gold Mines (NGM), the Barrick-operated joint venture in which Barrick holds 61.5% and Newmont 38.5%. <a href="https://investingnews.com/barrick-newmont-settle-nevada-dispute/" target="_blank" rel="noopener">As Investing News Network's Giann Liguid reported on August 10</a>, Newmont issued a notice of default in February 2026, alleging that Barrick had allowed NGM's operational performance to degrade over six years and had diverted resources from the joint venture to benefit its wholly owned Fourmile project — and it moved to block Barrick's planned spin-off and IPO of its North American gold assets. With the disputes settled and the properties added to NGM, Newmont has also approved Barrick's proposed initial public offering of its North American gold assets. The revised joint venture agreement strengthens governance arrangements and provides for Newmont to pay Barrick US$1.95 billion in consideration for the contributed properties. The companies said the agreement gives both parties a stronger framework to maximize the joint venture's value, according to the release. Newmont and Barrick will continue working together to improve NGM's safety and operating performance, realize the full potential of its assets, and support the venture's long-term success for all stakeholders. <h2 style="text-align: center;">Company Catalysts: Agreement Clears Way for Barrick Spin Out</h2> The near-term catalysts for the two majors diverge. For Barrick, the marquee event is the <a href="https://www.barrick.com/English/news/news-details/2026/barrick-advances-IPO-of-north-american-gold-assets/default.aspx" target="_blank" rel="noopener">planned IPO of its North American gold assets</a>, which it targets completing by the end of 2026 — with a primary New York listing and secondary Toronto listing — now cleared by Newmont's consent under the Nevada settlement. Beyond the listing itself, analysts have flagged the gold-price trajectory and Fourmile's continued advancement as key value drivers. Barrick has already delivered major Fourmile resource updates — most recently in <a href="https://www.globenewswire.com/news-release/2026/02/05/3232770/0/en/Barrick-Reports-Full-Year-and-Fourth-Quarter-2025-Results.html" class="underline underline underline-offset-2 decoration-1 decoration-current/40 hover:decoration-current focus:decoration-current">February 2026, when it doubled the resource for a second straight year</a> to roughly 15.6 million ounces (Moz) — and the next formal milestone is a pre-feasibility study targeted for completion by the end of 2028. Post-IPO lock-up expiry and secondary offerings loom over the following 12–24 months. For Newmont, the catalysts are more operational and capital-return oriented: the company is <a href="https://www.newmont.com/investors/news-release/news-details/2026/Newmont-Generates-Record-Quarterly-Earnings-and-Free-Cash-Flow-Reports-First-Quarter-2026-Results-and-Announces-Increased-Share-Repurchase-Authorization/default.aspx" target="_blank" rel="noopener">reaffirming full-year 2026 guidance of 5.3 million attributable gold ounces</a> and executing a fresh US$6 billion buyback on top of a completed US$6 billion program. <h2 style="text-align: center;">Both Majors Have Global Reach</h2> Newmont describes itself as the world's leading gold company. It also produces copper, zinc, lead, silver, and molybdenum. Founded in 1921 and publicly traded since 1925, the company said it is the only gold producer included in the S&P 500 Index and emphasizes environmental, social, and governance practices. Barrick is a global mining, exploration, and development company with a portfolio of long-life gold and copper assets across 17 countries and five continents, the release noted. The company is also the largest gold producer in the United States and says it focuses on creating long-term value through responsible mining, partnerships, and disciplined growth. <h2 style="text-align: center;">Expert: Agreement Settles 'Major Concern' for Barrick</h2> The agreement concludes all outstanding disputes between the parties related to the NGM JV, <a href="https://substack.com/home/post/p-210682346" target="_blank" rel="noopener">wrote Robert Sinn of Goldfinger Capital on his Substack on August 10</a>. "A news release that says only what needs to be said, but not a letter more than what was necessary," Sinn said of the announcement. "It is clear from what is said in this news release that governance of the Nevada Gold Mines JV was a point of major contention between the two senior gold producers." He continued, "Newmont's accusations that NGM JV assets had been improperly diverted to Barrick's 100% owned assets (Fourmile) was a major concern for Barrick. A concern that held enough weight that it could have caused a lengthy delay to Barrick's planned North American IPO." <h2 style="text-align: center;">Settlement 'Below What Some Investors Were Expecting'?</h2> <a href="https://seekingalpha.com/news/4630092-barrick-plunges-as-newmont-settlement-value-disappoints-investors" target="_blank" rel="noopener">According to a report by Carl Surran for Seeking Alpha on August 10</a>, Barrick Mining shares dropped 7.3% in Monday trading after investors reacted negatively to the terms of the settlement. Bloomberg Intelligence analysts Grant Sporre and Emmanuel Munjeri said the settlement value "looks a little too low given the quality of the asset, even if it clears a key obstacle to the North American IPO and resets relations with Newmont," according to a note quoted by Surran. Citi analyst Alexander Hacking said the agreement removes an important obstacle to Barrick's planned North American IPO of its gold assets, although the payment for Fourmile "may be below what some investors were expecting," according to the report. "Investor consensus seemed to be that Fourmile was a US$10 billion-US$20 billion asset," he said, implying that Newmont's payment for its 38.5% interest "could be in the US$4 billion-US$8 billion range." TD Cowen analyst Steven Green said Newmont is acquiring its interest in the Nevada joint venture at an attractive valuation, noting that the payment to Barrick is "well below" his US$6.6 billion implied valuation of Newmont's 38.5% Fourmile stake, Surran reported. Green described the transaction as a "very attractive price" for Newmont and estimated that it could increase the company's value by US$4.7 billion. Green also said Barrick benefits from bringing Fourmile into Nevada Gold Mines sooner, potentially avoiding the need for an expensive bankable feasibility study, using existing infrastructure, and saving the joint venture more than US$1 billion. <h2 style="text-align: center;">How Do Analysts Rate the Companies?</h2> Per <a href="https://www.tipranks.com/stocks/nem/forecast" target="_blank" rel="noopener">TipRanks</a>, sentiment on Newmont is predominantly bullish as 10 of its 11 most recent ratings are Buys with targets clustered above the roughly US$118 level of the stock at the time of writing. The lone holdout is Scotiabank's Tanya Jakusconek, who reiterated a Hold on August 12, nudging her target to US$149 from US$147 (about 25.94% upside). The most bullish Buy is CIBC's Anita Soni at US$168 (about 42%), even after trimming from US$175, ahead of Bernstein's Bob Brackett (US$147, 24.25%) and Jefferies (US$146, 23.4%). The newest Buy came on August 11 from BMO Capital's Matt Murphy at US$135 (14.11%), and the only rating change was TD Cowen's Steven Green, who upgraded on July 17 to a US$127 target. Several analysts cut targets while keeping Buys, including Argus Research's Alexandra Yates to US$110 from US$125 (now about 7.02% downside) and Citi's Alexander Hacking to US$125 from US$150, tempering price expectations against a still-constructive stance. Opinion on Barrick was more evenly split, <a href="https://www.tipranks.com/stocks/b/forecast" target="_blank" rel="noopener">TipRanks reported</a>. Bernstein's Brackett stands well apart at US$86 (about 107.93% upside), followed by TD Cowen's Green (Buy, US$59, 42.65%) and Bank of America's Lawson Winder (US$56, 35.40%). The latest note came August 12, when Scotiabank's Jakusconek assigned a Hold at US$55 (still 32.98% upside) — one of three around August 11–12, alongside TD Cowen's Buy and BMO Capital's Matt Murphy, who held at US$44.51. The cautious camp sits near the current price: ATB Cormark's Richard Gray (Hold, US$40.92), Citi's Alexander Hacking (Hold, US$41), and Barclays' Richard Garchitorena (Hold, US$39) all imply slight downside. Even bulls trimmed — J.P. Morgan's Bennett Moore cut to US$50 from US$58. <h2 style="text-align: center;">Inflation Pressure Helps Gold Advance</h2> U.S. inflation increased in July at the pace economists expected, helping gold reach a new session high as the data eased concerns about accelerating price pressures, <a href="https://www.kitco.com/news/article/2026-08-12/spot-gold-spikes-above-4438oz-annual-core-cpi-rises-25-july" target="_blank" rel="noopener">reported Ernest Hoffman for Kitco News on August 12.</a> The headline Consumer Price Index rose 0.1% from June, when it declined 0.4%, according to the U.S. Bureau of Labor Statistics. Annual headline inflation slowed to 3.4% from 3.5% in June, matching the consensus forecast. Core CPI, which excludes food and energy, advanced 0.2% in July, in line with expectations and up from a flat reading in June. Annual core inflation eased to 2.5% from 2.6%, also matching economists' estimates, he said. Gold climbed to a session peak of US$4,438.30 following the report, while spot gold last traded at US$4,435.58 an ounce, up 1.54% for the day. Chris Zaccarelli, Chief Investment Officer at Northlight Asset Management, said the inflation figures give the Federal Reserve additional flexibility, particularly alongside a recent weak jobs report. "The big surprise with a report that had no surprises (all of the data came perfectly in line with the estimates) is that a situation where inflation isn't reaccelerating, coupled with the most recent, weak jobs report, gives the Fed more time to wait," he said, according to Hoffman's report. "Typically, the market would be buoyed by the thought of rate cuts, but in a world where many are expecting rate hikes, anything that can delay – or squash the need for – rate hikes will be viewed positively. The market and the Fed won't stop worrying about inflation, and there are another set of reports before the next Fed meeting, but these two reports (Jobs and CPI) are going to go a long way toward keeping the bulls running in the near term."[OWNERSHIP_CHART-457][OWNERSHIP_CHART-20] In 2026, gold has proven difficult to trade, retreating as much as 18% from its early-year peak above US$5,300 an ounce, according to Goldprice.org, <a href="https://www.cnbc.com/2026/08/12/gold-prices-metals-fed-rate-hike-inflation.html" target="_blank" rel="noopener">noted Kevin Williams writing for CNBC on August 12</a>. The precious metal nevertheless posted its strongest weekly performance since January last week, while gold-mining shares recorded their best five-day stretch since 2008. With gold's recent swings leaving its year-to-date performance roughly flat, some investors believe the upward trend could continue, although risks remain. Despite the recent volatility, gold has still gained more than US$1,000 over the past year. "Gold is the new gold," said Pippa Malmgren, a former special assistant to President George W. Bush and member of the National Economic Council. Malmgren said the factors driving investors toward gold remain intact, with concerns that U.S. fiscal spending is excessive and that economic growth outside the U.S. could remain weak, Williams reported. "This implies inflation," Malmgren said. She also pointed to the Trump administration's costly foreign military engagements and support for cryptocurrencies as additional sources of uncertainty for some investors. "This makes nervous investors turn to conservative methods for preserving value, such as buying gold," Malmgren said. Central banks globally are also increasing their gold reserves, which she said reflects diminishing confidence in fiat currencies, with China continuing to play a major role in official-sector purchases, he wrote. Billionaire hedge-fund manager John Paulson also remains optimistic about gold, recently telling CNBC that the metal is still in the early phases of a prolonged advance. He attributed his bullish outlook to declining confidence in paper currencies and unchecked government spending, continuing a view he has held since becoming a gold bull in 2009. <h2 style="text-align: center;">Ownership and Share Structure1</h2> About 0.07% of Newmont is held by insiders and management, about 0.02% by strategic investors, and about 82.15% by institutions. The rest is retail. Its market cap is US$123.5 billion with more than 1 billion shares outstanding. It trades in a 52-week range of US$67.20 and US$134.88. Barrick's market cap is US$65.97 billion with more than 1.6 billion shares outstanding. It trades in a 52-week range of US$22.95 and US$54.69. About 0.37% of the company is owned by insiders and management, and about 67.2% by institutions. The rest is retail. <h2 style="text-align: center;">Common Investor Questions</h2> <div data-rs-index="99" data-index="99"> <div tabindex="0" role="article" aria-setsize="102" aria-posinset="100" aria-label="Message 100 of 102"> <div data-test-render-count="2"> <div class="group group/message-row"> <div class="group relative relative pb-[var(--msg-assistant-pb,0.75rem)]" data-is-streaming="false"> <div class="font-claude-response relative leading-[1.65rem] [&_pre>div]:bg-bg-000/50 [&_pre>div]:border-0.5 [&_pre>div]:border-border-400 [&_.ignore-pre-bg>div]:bg-transparent [&_.standard-markdown_:is(p,blockquote,h1,h2,h3,h4,h5,h6)]:pl-2 [&_.standard-markdown_:is(p,blockquote,ul,ol,h1,h2,h3,h4,h5,h6)]:pr-8 [&_.progressive-markdown_:is(p,blockquote,h1,h2,h3,h4,h5,h6)]:pl-2 [&_.progressive-markdown_:is(p,blockquote,ul,ol,h1,h2,h3,h4,h5,h6)]:pr-8"> <div> <div class="grid grid-rows-[auto_auto] min-w-0"> <div class="row-start-2 col-start-1 relative grid grid-rows-[auto_auto] isolate min-w-0"> <div class="row-start-1 col-start-1 relative z-[2] min-w-0"> <div> <div> <div class="standard-markdown grid-cols-1 grid [&_>_*]:min-w-0 gap-3 [&_>_*:last-child]:mb-0 print:block print:[&_>_*_+_*]:mt-3 standard-markdown"> What did Newmont and Barrick announce? On August 10, 2026, the two gold majors agreed to fold several previously excluded properties into their Nevada Gold Mines (NGM) joint venture and resolve all remaining disputes over the partnership. Barrick contributes its wholly owned Fourmile project; Newmont contributes its Fiberline and Mike deposits; and Newmont pays Barrick US$1.95 billion to reflect the relative value of what each side is contributing. What was the dispute about? NGM is the Barrick-operated joint venture (Barrick 61.5%, Newmont 38.5%). In February 2026, Newmont issued a notice of default, alleging Barrick had let NGM's operational performance degrade over six years and had diverted joint-venture resources to benefit Barrick's 100%-owned Fourmile project. Newmont also moved to block Barrick's planned spin-off and IPO of its North American gold assets. Why does the settlement matter for Barrick's IPO? Newmont's consent removes a key obstacle to Barrick's planned IPO of its North American gold assets, which Barrick aims to complete by the end of 2026 with a primary New York listing and secondary Toronto listing. Analyst Robert Sinn noted the diversion accusation "could have caused a lengthy delay" to that IPO. Does Barrick get anything beyond clearing the IPO? Yes. Green noted that bringing Fourmile into NGM sooner could let Barrick avoid an expensive bankable feasibility study, use existing NGM infrastructure, and save the venture more than US$1 billion. What are the near-term catalysts for each company? For Barrick, the marquee event is the North American gold IPO by year-end, plus an expected Fourmile resource update and the gold-price trajectory. For Newmont, the focus is operational and capital-return: reaffirmed full-year 2026 guidance of 5.3 million attributable gold ounces and a fresh US$6 billion buyback on top of a completed US$6 billion program. </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> <div data-rs-index="100" data-index="100"> <div tabindex="-1" role="article" aria-setsize="102" aria-posinset="101" aria-label="Message 101 of 102"> <div data-test-render-count="2"> <div class="mb-1 mt-[var(--msg-gap,1.5rem)] group group/message-row"> <div class="flex flex-col items-end gap-1"> <div class="group/message-row flex min-w-0 flex-col items-end gap-xs font-sans ms-auto max-w-[85%] cds-um-enter" data-cds="UserMessage"> <div class="relative flex max-w-full min-w-0 flex-col gap-xs rounded-card px-lg py-md text-heading break-words select-text text-primary bg-neutral"> <div id="_r_8mo_" class="overflow-hidden [mask-image:linear-gradient(to_bottom,black_calc(100%_-_3rem),transparent)]"> <div> <div class="grid grid-cols-1 gap-2 relative [&_ul]:!space-y-0 [&_ol]:!space-y-0 [&_ul]:pl-8 [&_ol]:pl-8" data-testid="user-message"> [SMNLINSERT] </div> </div> </div> </div> </div> </div> </div> </div> </div> </div>Important Disclosures:<ol> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32172"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32172" width="0" height="0"> ( Companies Mentioned: ABX:TSX; B:NYSE, NEM:NYSE;NGT:TSX;NEM:ASX, ) Thu, 13 Aug 2026 00:00:00 PST Chile Gold-Copper Explorer Uncovers New Targets at Las Tinajas https://www.streetwisereports.com/article/2026/08/12/chile-gold-copper-explorer-uncovers-new-targets-at-las-tinajas.html Source: <a href="https://www.streetwisereports.com/article/2026/08/12/chile-gold-copper-explorer-uncovers-new-targets-at-las-tinajas.html?utm_medium=feed">Streetwise Reports 08/12/2026</a> Gelum Resources advances sampling and geophysics at its Chile gold-copper project in the Maricunga Belt, revealing fresh anomalies and setting up drill targets for a maiden resource.Precious metals investors continue to monitor exploration activity across South America's key gold-copper districts as prices hold above multi-year averages. The Maricunga Belt in northern Chile remains one of the most prospective regions for large-scale discoveries, drawing attention to companies actively expanding their land positions and datasets. <h2 style="text-align: center;">Why Gelum Resources Stands Out in a Competitive Belt</h2> <a href="https://www.streetwisereports.com/pub/co/11601?utm_medium=feed" target="_blank" rel="noopener">Gelum Resources Ltd. (GMR:CSE; GMRCF:OTCQB)</a> is executing a systematic exploration program at its 2,600-hectare Las Tinajas project, located about 120 km northeast of Copiapo in the Atacama Region. Recent work has identified additional gold-copper targets beneath thin cover, expanding the footprint of known mineralization. <h2 style="text-align: center;">Key Investor Takeaways</h2> <ul> <li>403 new rock samples have been collected across the eastern half of the property, extending known anomalies at both NE and SE zones.</li> <li>NE Breccia surface results include 70 m at 0.17 g/t Au, while historical drilling returned 84 m at 0.96 g/t Au, indicating stronger grades at depth.</li> <li>SE Anomaly now extended 200 m further south for copper and 90 m for molybdenum, supporting porphyry copper potential.</li> <li>Property-wide VIP-MT geophysical survey is 50 percent complete, with electrodes installed on the east side.</li> <li>Planned drilling aims to support a maiden NI 43-101 resource targeting 2 to 3 million ounces of gold or an underlying porphyry copper system.</li> </ul> <h2 style="text-align: center;">Project Scale and Recent Sampling Results</h2> On August 11, 2026, Gelum Resources announced <a href="https://www.stockwatch.com/News/Item/Z-C!GMR-3850320/C/GMR" target="_blank" rel="noopener">the completion of additional rock geochemistry sampling</a> at its Las Tinajas gold project. The company collected 403 new samples focused on the NE and SE target zones. At the NE Breccia, five-meter sampling along a road cut returned 70 m at 0.17 g/t Au. Historical drilling in the same area reached 84 m at 0.96 g/t Au, suggesting mineralization strengthens with depth and may support blind discoveries beneath weaker surface expressions. At the SE Anomaly, sampling extended previous intervals and added reconnaissance chips from argillic altered outcrops to the south. The dacite porphyry plug returned highly anomalous copper and molybdenum values, extending copper anomalies 200 m further south and molybdenum values 90 m further south. These results point to possible porphyry copper mineralization at depth. <h2 style="text-align: center;">Industry Timing and Gold Market Context</h2> Gold prices have remained elevated despite volatility, trading around US$4,385 per ounce as of August 11, 2026, according to <a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener">Trading Economics</a>. Prices are still up <a href="https://tradingeconomics.com/commodity/gold" target="_blank" rel="noopener">31%</a> from August 2025 levels. <a href="https://www.gold.org/goldhub/research/gold-mid-year-outlook-2026" target="_blank" rel="noopener">Gold.org</a> notes that catalysts such as lower interest-rate expectations or renewed geopolitical tension could push prices toward US$4,500 per ounce or higher. The broader metals sector is also forecast to rise, with the World Bank Group projecting a 17 percent increase in global metals prices for 2026. <h2 style="text-align: center;">Geophysical Survey and Upcoming Catalysts</h2> Gelum has completed further surface sampling at Las Tinajas, while its property-wide geophysical survey is now approximately 50% complete. <a href="https://gelumresources.com/site/assets/files/5909/gelumresources_lastinajas2026-v18.pdf" target="_blank" rel="noopener">Upcoming catalysts</a> include completion and interpretation of the geophysical program, followed by drilling targeting the northwest and northeast extensions of the silicic, sulphide-bearing diatreme breccias and secondary blind mineralization in reactive sedimentary rocks. The planned drilling is intended to support a maiden NI 43-101 mineral resource estimate, with Gelum targeting 2–3 million ounces of gold in the Measured and Indicated categories and/or an underlying porphyry copper system. Preliminary metallurgical characterization is also planned to establish basic recovery parameters. <h2 style="text-align: center;">Analyst Perspective and Technical Outlook</h2> 1Technical analyst <a href="https://www.streetwisereports.com/article/2026/07/01/gold-rally-starts-as-chile-project-with-100-earn-in-option-gets-us-market-listing.html?m_t=2026_07_30_11_20_59&utm_medium=feed" target="_blank" rel="noopener">Stewart Thomson</a> highlighted Gelum's outperformance relative to the CDNX index in July 2026. He noted bullish indicators, including a potential inverse head-and-shoulders pattern, rising volume in the right shoulder, surging Money Flow Index and On Balance Volume, and a strong rising RSI trend. Thomson assigned short-term, medium-term, and long-term price targets of CA$1.25, CA$2.50, and CA$4.00, respectively, rating the stock a Speculative Buy. <h2 style="text-align: center;">Share Structure and Ownership</h2> Gelum Resources Ltd. has a market cap of CA$29.93 million, with 33.62 million shares outstanding. The 52-week range is CA$0.10-CA$0.95. 2Institutions hold 14.84 percent, Management and Insiders hold 21.62 percent, and Retail investors hold the remaining 63.54 percent. [OWNERSHIP_CHART-11601] Only a small portion of the property has seen drilling since 1986, leaving substantial room for new discoveries as the geophysical data is integrated with surface results. CEO Henk van Alphen emphasized the high correlation historically observed between soil anomalies and subsurface mineralization at the project. <h2 style="text-align: center;">Common Questions from Investors</h2> Q: What is rock chip sampling? A: Rock chip sampling collects small pieces of surface rock from outcrops or road cuts for laboratory analysis to detect elevated metal concentrations and prioritize drill targets. Q: What does a geochemical anomaly indicate? A: A geochemical anomaly shows unusually high concentrations of metals such as gold, copper, or molybdenum relative to background levels, helping explorers identify areas for further investigation. Q: What is blind mineralization? A: Blind mineralization lies beneath barren or weakly mineralized rock and cannot be detected by surface sampling alone; geophysical surveys and drilling are used to locate it. Q: Why target both gold and porphyry copper at Las Tinajas? A: The project shows evidence of epithermal gold systems overlying potential deeper porphyry copper mineralization, offering multiple value drivers within one land package. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Gelum Resources Ltd. is a billboard sponsor of Streetwise Reports. The company pays a monthly sponsorship fee of US$3,000–US$6,000 for banner advertising and an enhanced company profile page. Streetwise Reports’ editorial content is fully independent and is not influenced by sponsorship.</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 Gelum 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> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> <table class="cs-list-table" border="0" width="100%" cellspacing="0" cellpadding="3"> <tbody> <tr> <td valign="top" bgcolor="#ffffff"> 1. Disclosure for the quote from the Stewart Thomson article published on July 6, 2026 <ol start="1" type="1"> <li>For the quoted article (published on July 6, 2026), Gelum 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> </td> </tr> </tbody> </table> 2. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=32171"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=32171" width="0" height="0"> ( Companies Mentioned: GMR:CSE; GMRCF:OTCQB, ) Wed, 12 Aug 2026 00:00:00 PST