Northwire Canada EditionSunday, July 19, 2026
Northwire
AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0% AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0%
Drill Results

Edge Copper Mobilizes Drill Rigs and Commences 53,000 Foot Drilling Program at Zonia

EDCU · Price

Executive Summary

  • Edge Copper has mobilized two diamond drill rigs and begun a six‑month, ~53,000‑foot drilling program at its 100 % owned Zonia Copper Project in Arizona.
  • The program consists of 78 holes: ~65 % aimed at converting oxide copper Indicated & Inferred resources to higher confidence categories, ~24 % for step‑out/expansion, and ~14 % for condemnation and geotechnical work.
  • Results are expected over the next 7–8 months with an updated mineral resource forecast for late Q3 or early Q4 2026; a Preliminary Economic Assessment is slated for release next month.

Key Details

  • Drilling Scope: Original plan of ~60,000 ft reduced to ~53,000 ft after drill spacing optimization by GeologicAI’s Resource Exploration Strategies (RXS).
  • Hole Allocation: 78 total holes – 65 % conversion drilling, 24 % step‑out/expansion, 14 % condemnation/geotechnical.
  • Technology Deployment: GeologicAI’s proprietary core scanner will digitize historical and newly drilled core in real time with remote geological logging to improve data quality and enable near‑real‑time evaluation.
  • Timeline for Results: Assay results anticipated within 7–8 months; resource update targeted for late Q3/early Q4 2026.
  • Upcoming Milestone: Preliminary Economic Assessment (PEA) expected next month, providing a framework for further project advancement.

Notable Quotes

  • “The commencement of this drill program represents an important step in advancing Zonia toward the next stage of development,” said Gil Clausen, Chair and CEO of Edge Copper.
  • “By optimizing the drill plan and integrating advanced data analytics… we are able to efficiently upgrade and expand the resource while supporting future mine planning.”
Read the original news release →

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