Northwire Canada EditionThursday, October 15, 2026
Northwire
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GOLD 4176.10 +1.7% SILVER 56.71 +1.5% COPPER 6.55 −1.7% OIL 96.27 +1.2% PALLADIUM 1132.50 +3.3% YGT 0.180 +5.9% EVI 0.520 +4.0% ADZ 0.125 +0.0% MINK 0.075 +0.0% DNO 0.300 +0.0% RRRL 0.150 +0.0% MTT 0.245 +0.0% BAU 0.180 −5.3% TECT 1.67 +0.6% TOM 0.140 +3.7% FVL 0.905 +0.6% HART 0.195 +0.0% VLD 0.415 +0.0% TGOL 0.150 +0.0% TWR 0.170 +0.0% LAF 0.810 +0.0% GOLD 4176.10 +1.7% SILVER 56.71 +1.5% COPPER 6.55 −1.7% OIL 96.27 +1.2% PALLADIUM 1132.50 +3.3% YGT 0.180 +5.9% EVI 0.520 +4.0% ADZ 0.125 +0.0% MINK 0.075 +0.0% DNO 0.300 +0.0% RRRL 0.150 +0.0% MTT 0.245 +0.0% BAU 0.180 −5.3% TECT 1.67 +0.6% TOM 0.140 +3.7% FVL 0.905 +0.6% HART 0.195 +0.0% VLD 0.415 +0.0% TGOL 0.150 +0.0% TWR 0.170 +0.0% LAF 0.810 +0.0%
Drill Results Neutral

Mink Ventures Corporation Completes Drill Program at Rankin Property

Mink concludes drilling at Rankin, targeting VTEM anomalies with assay results still pending.

Executive Summary

Mink Ventures Corporation has completed a diamond drill program at its newly optioned Rankin Ni, Cu, Co Property in Ontario. The program consisted of four holes totaling 656 meters, designed to test two priority VTEM Maxwell Plate anomalies. Drilling intersected a mineralized zone characterized by disseminated and semi-massive sulphides.

All drill core has been logged and samples sent to the laboratory on a priority rush request, with assay results currently pending. An independent geophysical review confirms highly conductive zones with a strong coincident gravity response, supporting the potential for massive sulphide zones. The company plans to conduct downhole geophysical surveys during the winter to cover areas under Rankin Lake. A Phase 2 drill program will be evaluated following the interpretation and modeling of the new geophysical data.

Material Impact

Mink Ventures Corporation (MINK) issued a routine operational update following its September 9, 2026 announcement that drilling had commenced at the Rankin property. The company explicitly stated that assay results are pending, and no new data or grade intercepts were provided in the release.

Geological findings of disseminated and semi-massive sulphides are consistent with the initial VTEM Maxwell Plate targets and do not represent a step-change in discovery potential at this stage. While the announcement confirms the company is executing its exploration roadmap as planned, it lacks the material assay results required to positively impact valuation or attract strategic interest. Given the absence of new data and the incremental nature of completing a planned drill program, the market impact is expected to be neutral.

MINK · Price
Company Overview

Mink Ventures Corporation (TSXV: MINK) is a TSXV-listed exploration company focused on critical minerals, including nickel, copper, and cobalt, within the Timmins mining district of Ontario. Its portfolio includes the flagship Montcalm Project, which spans approximately 100 square kilometers and sits adjacent to Glencore’s historic Montcalm Mine, as well as the 1,130-hectare Warren Ni, Cu, Co Project and the newly optioned 86-hectare Rankin Property. The company employs VTEM airborne surveys and Maxwell Plate imaging technology to identify conductive sulphide targets for drill testing.

Historical production at the adjacent Montcalm Mine totaled 3.93 million tonnes grading 1.25% Ni, 0.67% Cu, and 0.051% Co. Recent drilling at the Warren property has returned low-grade copper intervals, such as 0.5m @ 0.2% Cu, and massive sulphide intercepts, including 7.1m @ 0.44% Ni, 0.28% Cu, and 0.06% Co. However, no high-grade economic intercepts have been confirmed to date. At the Montcalm Project, drilling encountered a diabase dyke that truncated a deep 3-D BHIP target, leaving the majority of the 300m x 80m anomaly untested.

Read the original news release →

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