Northwire Canada EditionFriday, August 7, 2026
Northwire
SRC 1.73 +0.0% FTJ 0.040 +0.0% WMS 0.040 +0.0% TUO 1.54 +0.0% LMR 0.120 +0.0% STND 0.072 +0.0% ASE 0.900 +0.0% YGT 0.180 +0.0% SMY 0.200 +0.0% STS 0.215 +0.0% HSTR 1.88 +0.0% CTG 0.110 +0.0% WDO 32.00 +0.0% RSM 0.305 +0.0% NGEX 26.92 +0.0% LUNR 20.90 +0.0% SRC 1.73 +0.0% FTJ 0.040 +0.0% WMS 0.040 +0.0% TUO 1.54 +0.0% LMR 0.120 +0.0% STND 0.072 +0.0% ASE 0.900 +0.0% YGT 0.180 +0.0% SMY 0.200 +0.0% STS 0.215 +0.0% HSTR 1.88 +0.0% CTG 0.110 +0.0% WDO 32.00 +0.0% RSM 0.305 +0.0% NGEX 26.92 +0.0% LUNR 20.90 +0.0%
Drill Results

Ramp Metals Receives Drill Permit for Rottenstone SW, Saskatchewan

RAMP · Price

Executive Summary

  • Ramp Metals received a two‑year drill permit for its Rottenstone SW project, authorizing up to 150 additional holes and temporary camp construction.
  • A fall prospecting program collected 213 rock and 343 soil samples; analytical results are expected by end‑December 2025 and will inform the winter 2026 drilling campaign.
  • The company identified three key drill prospects for 2026 – Ranger (new shear zone), Redridge (2.4 km EM anomaly) and Rush (three new satellite targets).

Key Details

  • Permit: Two‑year exploration permit covering up to 150 holes; allows on‑site temporary camp.
  • Sampling Program (Oct 2025):
  • 213 rock samples, 343 soil samples collected over newly identified EM anomalies.
  • Samples submitted to Bureau Veritas (BV) on Oct 9, 2025; results anticipated by end of Dec 2025.
  • Geophysical Work: Completed ground FLTEM and borehole EM surveys; mapping and sampling over EM anomalies from recent HTDEM survey.
  • Data Integration: Working with Stephen Balch and advisors to combine all geophysical datasets into a comprehensive model (geophysical + Maxwell plate models) for target refinement.
  • 2026 Drill Prospects:
  • Ranger: Newly exposed shear zone ~325 m NE of Ranger‑001 discovery hole.
  • Redridge: 2.4 km EM anomaly ~5 km south of Ranger; heavily oxidized with excellent outcrop exposure.
  • Rush: Completed FLTEM and borehole EM surveys; three new satellite targets within 1 km of main Rush anomaly.
  • QA/QC Procedures (BV):
  • Rock samples processed via PRP70‑250 package; fire assay + AAS for Au, Pt, Pd; ICP multi‑element analysis.
  • Soil samples processed via SS80 package; aqua regia digestion and 37‑element ICP‑MS with PGM add‑on.
  • Qualified Person: Brett Williams, P.Geo., VP Operations & Senior Geologist (NI 43‑101 QP) reviewed and approved technical content.

Notable Quotes

“These newly granted two‑year drill permits represent a huge milestone for Ramp Metals, unlocking a multi‑year exploration runway and paving the way for an aggressive, high‑impact drill campaign,” – Jordan Black, CEO.


Materiality Assessment: Material – Positive (new permitting expands exploration potential and supports upcoming drilling that could lead to significant discoveries).

Read the original news release →

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