Northwire Canada EditionFriday, August 28, 2026
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GOLD 4517.50 −3.1% SILVER 67.54 −3.8% COPPER 6.57 −1.8% OIL 83.50 −0.0% PALLADIUM 1430.50 +5.5% SPX 0.115 +0.0% CQR 0.045 −10.0% IVS 0.330 +11.9% CNC 1.44 −2.7% PA 0.145 +0.0% KC 0.340 +0.0% MLP 2.85 −1.4% REVX 1.74 +1.8% FYL 0.115 +9.5% GG 2.88 −4.3% TNR 0.295 −1.7% PPP 0.940 −3.1% WGO 2.40 +0.0% RDU 0.155 +0.0% DAN 0.330 −2.9% ABA 0.095 +0.0% GOLD 4517.50 −3.1% SILVER 67.54 −3.8% COPPER 6.57 −1.8% OIL 83.50 −0.0% PALLADIUM 1430.50 +5.5% SPX 0.115 +0.0% CQR 0.045 −10.0% IVS 0.330 +11.9% CNC 1.44 −2.7% PA 0.145 +0.0% KC 0.340 +0.0% MLP 2.85 −1.4% REVX 1.74 +1.8% FYL 0.115 +9.5% GG 2.88 −4.3% TNR 0.295 −1.7% PPP 0.940 −3.1% WGO 2.40 +0.0% RDU 0.155 +0.0% DAN 0.330 −2.9% ABA 0.095 +0.0%
Drill Results Routine +

Conquest Resources Provides Exploration Update at the Valimaki Gold Project, Finland

Conquest Resources Validates Valimaki Acquisition Thesis with Structural Targets; Dilution Risks Loom

By The Northwire Desk — AI Analysis May 19, 2026 · 07:02 CQR · 0.095 Conquest Resources Limited
Executive Summary
  • The most recent release (May 19, 2026) confirms completion of the spring 2026 exploration program at the Valimaki Gold Project in Finland.
  • Work included UAV magnetics (~88 km² total), geological mapping, drill core review, and glacial till sampling (853 samples).
  • Drill core review identified historical mineralization including an interval of 13.9 g/t Au over 1m from DDH R309.
  • Preliminary processing of magnetic data has produced grids highlighting northeast-trending shear corridors and fold closures.
  • This follows the initiation of the program on March 10, 2026, and the acquisition of the project in February 2026.
Material Impact
  • The news is consistent with previous expectations set during the March 10 launch announcement regarding field work timelines.
  • No new drill assay results were released; the update focuses on reconnaissance (magnetics/till) and historical data validation.
  • While positive for project momentum, it does not materially alter valuation without physical drilling confirmation of modern mineralization.
  • The identification of favorable structural settings supports the acquisition thesis but remains in the early exploration phase.
  • Rating is Routine - Positive as this represents a standard milestone execution rather than a transformative discovery or financing event.
CQR · Price
Company Overview
  • Flagship Project: Belfast-Teck Mag Project (Ontario) - High-grade base metal focus in the Abitibi Greenstone Belt.
  • New Asset: Valimaki Gold Project (Finland) - Acquired Feb 2026; hosts orogenic gold mineralization with historic boulder assays up to 60 g/t Au.
  • Other Assets: Alexander Gold, Smith Lake Gold, and Black Sturgeon Lake projects in Ontario.
  • Strategy: Systematic exploration using new interpretation techniques targeting high-potential zones in favorable jurisdictions.
Read the original news release →

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Aug 28, 2026 · 12:01

Conquest divests its flagship Ontario asset to pivot toward Finnish drilling, focusing on exploration activities in Finland.

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Conquest Resources advances Valimaki exploration push as Finland project acquisition progresses

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