Northwire Canada EditionSunday, September 20, 2026
Northwire
GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6% GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6%
Drill Results

Private Placement/Update re Ram Property, Golden Triangle, BC

SVG · Price

Executive Summary

  • Silver Grail Resources Ltd. announced a non‑brokered private placement of up to 2,500,000 units at $0.23 per unit, targeting gross proceeds of up to $575,000.
  • The financing will fund 2025 exploration on the Ram property and other Golden Triangle assets, as well as general corporate purposes.
  • Drilling at the Ram property is now complete: 2,056 m drilled in seven holes; core logged, sawed, and assays pending, with a new surface showing of net‑textured chalcopyrite identified.

Key Details

  • Private Placement Structure
  • Up to 2,500,000 units at $0.23 per unit → maximum gross proceeds $575,000.
  • Each unit = 1 common share + 1 warrant (exercisable into one common share at $0.33 for two years from closing).
  • No finder’s fees or commissions; insiders may participate.

  • Use of Proceeds

  • Fund 2025 exploration program on the Ram property.
  • Support further exploration on other Golden Triangle properties (Clone, Konkin Silver, Fiji).
  • General corporate purposes.

  • Ram Property Drilling Update

  • Total drilling completed: 2,056 m across seven holes.
  • Core fully logged and diamond‑sawed; assay shipments to MSALabs expected within days (assays held until full submission).
  • New surface exposure of net‑textured chalcopyrite observed on Hole #7 by Jeff Kyba, P.Geo.

  • Photographic Documentation

  • Core photos: https://teuton.com/Ram2025CorePhotos
  • Net‑textured chalcopyrite photo: https://teuton.com/NetTexturedSample

  • Qualified Person

  • D. Cremonese, P.Eng., President & CEO (not independent).

Notable Quotes

  • “The completion of the Ram drill program and the identification of a new net‑textured chalcopyrite showing reinforce our confidence in the prospective nature of this property,” – Dino Cremonese, President & CEO.
Read the original news release →

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