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.
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Jul 07, 2026 · 04:01