Northwire Canada EditionTuesday, September 1, 2026
Northwire
GOLD 4481.50 −1.1% SILVER 66.99 −1.2% COPPER 6.69 +0.5% OIL 85.76 +2.8% PALLADIUM 1379.50 −4.7% LG 0.400 +2.6% PGDC 0.610 +1.7% NCF 0.295 −1.7% GLDN 0.070 +0.0% BRON 0.050 −9.1% LUG 98.71 −1.6% BTR 0.130 +4.0% SVRS 0.560 +0.0% BIG 1.32 +4.8% NMI 0.200 +0.0% NVX 0.580 +0.0% PUMA 0.125 +0.0% MUN 0.395 +1.3% MOLY 1.52 −1.9% CNRI 0.170 +0.0% FRED 0.850 +19.7% GOLD 4481.50 −1.1% SILVER 66.99 −1.2% COPPER 6.69 +0.5% OIL 85.76 +2.8% PALLADIUM 1379.50 −4.7% LG 0.400 +2.6% PGDC 0.610 +1.7% NCF 0.295 −1.7% GLDN 0.070 +0.0% BRON 0.050 −9.1% LUG 98.71 −1.6% BTR 0.130 +4.0% SVRS 0.560 +0.0% BIG 1.32 +4.8% NMI 0.200 +0.0% NVX 0.580 +0.0% PUMA 0.125 +0.0% MUN 0.395 +1.3% MOLY 1.52 −1.9% CNRI 0.170 +0.0% FRED 0.850 +19.7%
Drill Results Routine +

Auriginal Returns Wide Gold and Copper Intersections at Roger Project in Chibougamau, Expands Mineralization 125 meters at Depth

Auriginal identified a 125m wide interval at the Roger deposit, extending the known depth of the zone.

Executive Summary

Auriginal Mining Corp. has released the final Phase 1 assay results for drill holes AUR-26-05 through AUR-26-07 at its Roger Project in Chibougamau, Quebec. The company confirmed that Phase 1 is now complete, comprising 10 holes for a total of 7,325 meters. This initial program expanded the project footprint approximately 700 meters to the southwest, 400 meters to the northeast, and more than 100 meters at depth.

Drilling in hole AUR-26-07 returned 125.3 meters at 0.67 g/t Au from a depth of 346.0 meters, which included 20.0 meters at 1.94 g/t Au from 424.0 meters. The hole also intersected narrower high-grade intervals, including 1.6 meters at 7.20 g/t Au, 1.2 meters at 7.90 g/t Au, and 2.5 meters at 9.10 g/t Au, which contained 1.0 meter at 20.6 g/t Au.

Hole AUR-26-06 intersected near-surface mineralization of 34.5 meters at 0.69 g/t Au and 0.14% Cu from 70.5 meters, including 6.0 meters at 1.85 g/t Au and 0.34% Cu. Deeper intervals in AUR-26-06 included 87.1 meters at 0.35 g/t Au, 37.6 meters at 0.46 g/t Au, and 46.5 meters at 0.42 g/t Au. High-grade intersections in this hole included 0.5 meters at 50.4 g/t Au and 2.5 meters at 9.1 g/t Au.

Hole AUR-26-05 returned 23.5 meters at 1.12 g/t Au, including 12.0 meters at 1.44 g/t Au and 1.1 meters at 12.2 g/t Au, along with an additional 19.5 meters at 0.42 g/t Au.

Phase 2 drilling is currently underway, with the company targeting 12 holes for 6,250 meters on a C$2.0 million budget. The program is currently on its fourth hole. Auriginal Mining Corp. aims to deliver an updated Mineral Resource Estimate by October 2026.

Material Impact

Auriginal Mining Corp. (AUME) is a pre-revenue junior explorer with a market capitalization of approximately C$13 million. The company recently released assay results for drill holes AUR-26-05, -06, and -07, which include a 125 m intercept at 0.67 g/t Au. This result is significant for its potential tonnage but represents bulk open-pit or bulk underground expansion drilling rather than a new district-scale discovery. Auriginal already holds a historical 535,000 oz AuEq resource at the Roger property.

Prior releases had already informed the market that Phase 1 drilling expanded the footprint 700 m southwest, 400 m northeast, and more than 100 m at depth. The new assays provide further data on this existing expansion. The best prior porphyry headline interval featured higher grade but shorter length; AUR-26-04A returned 1.2 m at 32.6 g/t Au and 2.8 m at 4.01 g/t Au. In contrast, today’s AUR-26-07 returned 125.3 m at 0.67 g/t Au. While the gram-metre content is stronger, the grade is materially lower, presenting a different grade-and-width substance that is not clearly superior for economics.

The stock has round-tripped from a C$0.10 high to C$0.05 and currently sits near the lower end of its 52-week range. Consequently, the market is not yet priced for these assays.

AUME · Price
Company Overview

Auriginal Mining Corp. (AUME) trades on the TSXV and was formerly known as Kintavar Exploration Inc. The company’s flagship asset is the 100%-owned Roger Project, located in the Chibougamau mining district of Quebec. The Roger deposit hosts a historical porphyry Cu-Au resource alongside a newly reinterpreted overlying gold-rich VMS target.

A historical 2018 Mineral Resource Estimate (MRE) for Roger reported 17,469,000 tonnes at 0.81 g/t Au, 0.94 g/t Ag, and 0.08% Cu, totaling approximately 535,000 oz AuEq in Indicated and Inferred categories. Beyond Roger, Auriginal holds a 25% interest in the Anik joint venture with IAMGOLD and maintains a portfolio of earlier-stage gold and base-metal projects in Quebec.

Financial results for the first quarter of 2026 showed no revenue and a net loss of C$594,231. The company reported no debt and had approximately 264.5 million shares outstanding. As of March 31, 2026, the balance sheet reflected about C$5.38 million in cash and working capital of roughly C$6.7 million. Exploration activities are financed through equity issuance, including a C$4.8 million placement completed in late 2025.

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