Northwire Canada EditionSunday, July 12, 2026
Northwire
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Routine +

Earthwise Minerals Approves 2026 Drill Program to Advance Talon Zone at Iron Range Gold Project

Earthwise Approves 1,200m Drill Program at Iron Range

Executive Summary
  • Most Recent News (April 30, 2026): Earthwise Minerals approved a 2026 exploration program for the Iron Range Gold Project in British Columbia.
  • Drill Program Scope: Minimum of 1,200 metres of diamond drilling targeting the Talon Zone.
  • Timeline: Work scheduled to commence mid-May 2026.
  • Management: Terralogic Exploration Inc. will manage execution.
  • Historical Context (Talon Zone): Previous drill hole IR10-010 showed high-grade intercepts including 7.1m @ 8.13 g/t Au, 2.84% Pb, 3.07% Zn, and 86.6 g/t Ag.
  • Option Agreement: Company holds option to earn up to 80% interest from Eagle Plains Resources Ltd.
  • Previous Financing (March 31, 2026): Closed non-brokered private placement raising $703,500 via 14M+ units at $0.05/unit. Proceeds allocated to exploration and working capital.
  • Management Changes: Board additions in February 2026 (Karen Mate, Andy Randell) following previous resignations in January/February.
Material Impact
  • News Rating: Routine - Positive. The approval of the drill program is a confirmation of the plan announced on February 26, 2026 ("Planning Underway").
  • Incremental Nature: The scope increased slightly from the planned 1,000m to approved 1,200m, but this does not constitute new data or a material change in project economics.
  • Market Expectation: The market likely priced in the drilling activity following the February announcement and subsequent financing in March.
  • Financial Impact: No immediate revenue impact; costs are capitalized exploration expenditures funded by recent cash raises ($703k).
  • Dilution Risk: Recent financings (Nov 2025, Feb 2026, Mar 2026) have increased share count significantly, creating ongoing dilution pressure.
WISE · Price
Company Overview
  • Company: Earthwise Minerals Corp. (Penny stock exploration company).
  • Flagship Project: Iron Range Gold Project, British Columbia.
  • Location: ~21,437 hectares near Creston, BC; situated on the Iron Mountain Fault Zone within the Proterozoic Belt-Purcell Supergroup.
  • Infrastructure: Accessible via Highway 3; supported by regional rail, power, and natural gas.
  • Geology: Structurally controlled gold system with historic intercepts of up to 14m @ 5.1 g/t Au (plus Pb, Zn, Ag).
  • Status: Exploration stage; option agreement in place to earn majority interest.
Read the original news release →

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