Northwire Canada EditionSaturday, November 7, 2026
Northwire
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

Canada One Announces up to 13.35% Copper, 2.32 g/t Gold and 18.15 g/t Palladium Assay Results from the Friday Creek Zone, Copper Dome Project

High-grade assays boost Copper Dome's upside

Executive Summary
  • On April 7 2026 Canada One Mining released assay results from its 2025 fall exploration program at the Friday Creek Zone of the Copper Dome Project.
  • The standout rock grab sample (HEG00006255) returned 13.35 % Cu, 2.01 g/t Au, 59 g/t Ag and 18.15 g/t Pd.
  • Nine rock samples exceeded 0.5 % Cu; six were “over‑limit” grab samples ranging from 1.13 % to 13.35 % Cu.
  • Palladium enrichment: three samples >1 g/t Pd, with the highest at 18.15 g/t Pd.
  • Alteration style shows chalcopyrite‑bornite sulfide assemblages with potassic alteration (K‑feldspar, biotite, quartz).
  • Historical drilling (14 holes, avg. depth ≈154 m) previously intersected copper mineralization; the new surface results reinforce the zone’s prospectivity and suggest potential for significant Cu‑Au‑Pd‑PGE resources.
  • The company has elevated Friday Creek to its top exploration priority for 2026.
Material Impact
  • Prior news (Feb 18) highlighted high‑grade gold at the Reco target (up to 9.96 g/t Au, 0.78 % Cu).
  • The April 1 corporate update disclosed land expansion to 12,833 ha and a five‑year drill permit but did not contain new assay data.
  • Historical work referenced in the Dec 22 year‑end review noted potential for high grades but gave no specific numbers.
  • The April 7 results show copper grades more than double the previously reported historic highs (10.65 % Cu from earlier sampling) and introduce palladium grades an order of magnitude above prior mentions (previously up to 0.46 g/t Pd).
  • While still based on surface grab samples, the magnitude of the copper‑palladium assay exceeds expectations for early‑stage exploration and materially advances the project’s upside potential.
  • No strategic investor involvement (e.g., Eric Sprott, Lundin family) is disclosed in the release.

Conclusion: The news contains genuinely new, unexpected, and market‑moving information that makes a material positive difference but does not yet constitute a resource estimate or drilling breakthrough. Hence it qualifies as Material - Positive.

CONE · Price
Company Overview
  • Canada One Mining Corp. is a junior explorer focused on the Copper Dome Project in south‑central British Columbia, adjacent to Hudbay Minerals’ operating Copper Mountain Mine.
  • The project now covers 12,833 ha after the acquisition of Copper Dome North (Oct 2025) and staking of adjoining claims.
  • Historical work includes >8,900 m of diamond drilling, 51 km of IP geophysics, extensive soil and rock sampling, and a five‑year exploration drill permit granted in April 2025.
  • Mineralization shows multi‑commodity potential: copper‑gold‑silver with notable palladium enrichment, hosted in potassic alteration and bornite‑chalcopyrite assemblages indicative of porphyry‑style systems.
Read the original news release →

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