Northwire Canada EditionFriday, August 14, 2026
Northwire
NPK 0.870 +1.2% GRZ 6.26 −1.4% AVL 5.23 +3.0% TSLV 0.085 −5.6% MPVD 0.015 +0.0% DNG 6.61 +0.0% GLO 0.610 −4.7% CTGO 27.39 +0.5% SKE 45.73 −1.1% MTA 12.63 −0.7% VMET 14.15 +1.8% IMM 0.065 +0.0% LMCU 9.60 −1.9% EFF 0.025 −16.7% AYA 37.44 −4.2% MDM 0.060 +0.0% NPK 0.870 +1.2% GRZ 6.26 −1.4% AVL 5.23 +3.0% TSLV 0.085 −5.6% MPVD 0.015 +0.0% DNG 6.61 +0.0% GLO 0.610 −4.7% CTGO 27.39 +0.5% SKE 45.73 −1.1% MTA 12.63 −0.7% VMET 14.15 +1.8% IMM 0.065 +0.0% LMCU 9.60 −1.9% EFF 0.025 −16.7% AYA 37.44 −4.2% MDM 0.060 +0.0%
Drill Results

Visual Drill Results from Silver Grail's Ram Property -- Golden Triangle, BC

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Executive Summary

  • Silver Grail Resources reported visual results from its inaugural 2025 drill program on the Ram Property, completing six diamond holes (1,717 m) and commencing a seventh hole.
  • Two magnetic anomalies were tested: Target 1 (western anomaly) showed abundant pyrrhotite‑rich sulfide mineralization with vein densities of 1–3 veins / m; Target 2 (eastern anomaly) intersected porphyry intrusions with copper‑gold alteration and stockwork veining.
  • Surface sampling around the drill pads previously returned up to 7.01 g/t Au, 58.63 g/t Ag, and notable Cu/Mo grades, supporting the potential for a porphyry‑copper‑gold system along the intrusion.

Key Details

  • Drilling Overview
  • Total depth drilled: 1,717 m across six completed holes (RAM25‑01 to RAM25‑06).
  • A seventh hole (RAM25‑07) is underway with a planned depth of 400 m.

  • Target 1 – Western Magnetic Anomaly

  • Location: ~7 km SW of Red Mountain deposit; magnetic high ≈1,000 × 800 m.
  • Holes tested: RAM25‑03, RAM25‑04, RAM25‑05, RAM25‑06 (collared from a single pad).
  • Visual results: Transition at ~140 m depth to strongly magnetic hornfels with high pyrrhotite content; vein density of 1–3 veins / m, veins ranging 3 mm – >50 cm.
  • Sulfide breccias and porphyry dykes with 2‑5 % blebby pyrrhotite observed.

  • Target 2 – Eastern Magnetic Anomaly

  • Location: ~7 km west of Red Mountain; magnetic high ≈1 km × 150 m, north‑south orientation.
  • Holes tested: RAM25‑01, RAM25‑02, and ongoing RAM25‑07 (step‑out).
  • Visual results: Porphyry intrusions with moderate‑to‑strong K‑feldspar‑biotite‑magnetite alteration, overprinted by chlorite‑calcite alteration; quartz‑calcite‑pyrite‑chalcopyrite stockwork veining.

  • Surface Sampling (context)

  • Historic grab samples: 0–7.01 g/t Au, 0.12–58.63 g/t Ag in 25 samples; trace Cu and Mo also noted.
  • Malachite Zone (2024‑2025): ≤5.78 % Cu, ≤2.33 g/t Au in 35 samples.

  • Laboratory Work

  • First batch of core samples from Hole 3 (RAM25‑03) sent to MSA Laboratory, Langley, BC for assay.

  • Future Plans

  • Continue drilling on Target 2 with Hole 7 to test deeper portions of the porphyry intrusion and associated surface mineralization.
  • Ongoing visual assessment will guide further step‑out locations along the magnetic anomalies.

Notable Quotes

“We are encouraged that inaugural drilling on the Ram property has yielded significant visual results from both of the chosen targets… Given the high proportion of pyrrhotite identified at Target 1, and the association between pyrrhotite and precious metal at the nearby Red Mountain gold deposit… we have reason to hope for associated precious metal endowment on the Ram.” – Dino Cremonese, President & CEO


Materiality Assessment: Non‑Material – Positive (positive visual drill results but no disclosed resource estimate or financial impact).

Read the original news release →

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