Northwire Canada EditionWednesday, July 15, 2026
Northwire
EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0% EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0%
Drill Results Neutral

Adelayde Exploration Completes Work Programs on the Sisson North Tungsten Project and the George Lake South Tungsten Antimony Project in New Brunswick

Survey Completion Confirms Execution, But No Assay Results Yet

Executive Summary
  • Adelayde Exploration Inc. completed helicopter aeromagnetic, radiometric, and VLF surveys on two key projects in New Brunswick: Sisson North Tungsten Project and George Lake South Antimony Tungsten Project.
  • The company is currently reviewing and interpreting the survey data.
  • A gold drill program is scheduled to commence shortly following the interpretation phase.
  • Management emphasizes strategic exposure to critical minerals (tungsten, antimony) essential for defense and energy sectors.
  • Sisson North project borders the Sisson Tungsten Mine, designated as a "Nation-Building Project" by the Canadian Prime Minister.
Material Impact
  • The news confirms operational progress consistent with previous announcements regarding work program commencement in April/May 2026.
  • No new assay results or drill data are released; only survey completion is reported.
  • Interpretation of geophysical data is a prerequisite for drilling, meaning no immediate valuation change from mineral discovery is expected yet.
  • The announcement validates management's claim of being "well financed" and active, reducing execution risk but not increasing asset value materially at this stage.
  • Given the lack of new resource estimates or financing news, the impact on stock price is likely minimal in the short term.
ADDY · Price
Company Overview
  • Flagship Projects:
    • Sisson North Tungsten Project (New Brunswick): 9,780 acres total footprint after acquisition of Sisson NW; borders operating Sisson Mine.
    • George Lake South Antimony Tungsten Project (New Brunswick): Near historical Lake George Antimony Mine with estimated 800,000 tonnes of ore.
    • Perron-East Gold Project (Quebec): 9,168 acres near Amex Exploration's Perron mine; work plans being formulated.
    • Clayton Valley Lithium Projects (Nevada): JV land package targeting deep basin lithium brine potential surrounded by SLB and Pure Energy Minerals deposits.
  • Strategic Focus: Critical minerals for defense and energy supply chains, specifically tungsten, antimony, gold, and lithium.
Read the original news release →

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