Northwire Canada EditionWednesday, October 21, 2026
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GOLD 4142.60 −0.4% SILVER 58.15 +1.5% COPPER 6.62 +0.6% OIL 97.82 −0.7% PALLADIUM 1104.00 −1.7% DSV 11.23 −1.1% PMET 3.23 +1.2% GAL 0.390 −1.9% EVI 0.480 −2.0% SF 0.365 −2.7% EPL 0.175 +0.0% TORQ 0.055 +0.0% LMG 0.390 −2.5% MMY 0.760 +0.0% MOX 0.205 +0.0% ADZ 0.150 +25.0% NXS 0.150 +0.0% ETG 2.69 −11.2% EMNT 0.355 +1.4% PPM 0.120 −20.0% CERT 2.35 −0.4% GOLD 4142.60 −0.4% SILVER 58.15 +1.5% COPPER 6.62 +0.6% OIL 97.82 −0.7% PALLADIUM 1104.00 −1.7% DSV 11.23 −1.1% PMET 3.23 +1.2% GAL 0.390 −1.9% EVI 0.480 −2.0% SF 0.365 −2.7% EPL 0.175 +0.0% TORQ 0.055 +0.0% LMG 0.390 −2.5% MMY 0.760 +0.0% MOX 0.205 +0.0% ADZ 0.150 +25.0% NXS 0.150 +0.0% ETG 2.69 −11.2% EMNT 0.355 +1.4% PPM 0.120 −20.0% CERT 2.35 −0.4%
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.

M&A / Property Aug 12, 2026 · 07:01

Conquest’s Smith Lake channel samples returned 15.31 g/t Au, advancing Ontario gold exploration.

Drill Results Jul 29, 2026 · 07:01

Conquest advances drill targeting at Finland’s Valimaki project after sampling confirmed gold anomalies pending till sampling verification.

Drill Results Mar 10, 2026 · 17:33

Conquest begins 2026 exploration at Valimaki

Drill Results Mar 10, 2026 · 07:06

Conquest Resources advances Valimaki exploration push as Finland project acquisition progresses

Drill Results Feb 20, 2026 · 02:30

Conquest closes $415,000 final tranche of financing

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