Northwire Canada EditionMonday, November 9, 2026
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Gold 4,133.20 +1.4% Silver 52.89 +1.8% Copper 6.34 +1.7% Oil 87.62 −3.5% Palladium 1,020.50 −9.6% PX 0.140 −3.5% IVS 0.250 +2.0% SCD 0.150 +3.5% UCU 2.37 +10.8% KAPA 0.105 +0.0% AFM 1.29 +5.7% BONE 0.040 +0.0% EM 4.30 +0.0% BKM 4.10 +2.5% SGO 0.170 +13.3% BNKR 2.80 +6.9% TECT 1.68 +10.5% MKA 0.650 +0.0% BEX 0.070 +0.0% RTH 0.035 +0.0% GBU 0.085 +13.3% Gold 4,133.20 +1.4% Silver 52.89 +1.8% Copper 6.34 +1.7% Oil 87.62 −3.5% Palladium 1,020.50 −9.6% PX 0.140 −3.5% IVS 0.250 +2.0% SCD 0.150 +3.5% UCU 2.37 +10.8% KAPA 0.105 +0.0% AFM 1.29 +5.7% BONE 0.040 +0.0% EM 4.30 +0.0% BKM 4.10 +2.5% SGO 0.170 +13.3% BNKR 2.80 +6.9% TECT 1.68 +10.5% MKA 0.650 +0.0% BEX 0.070 +0.0% RTH 0.035 +0.0% GBU 0.085 +13.3%
Drill Results Routine +

Pelangio Exploration Completes Ghana Geophysical Surveys as Structural Study Supports Deeper Drilling at Manfo

Pelangio advances deep drilling plans at its Ghana gold project following the processing of geophysical data.

By The Northwire Desk — AI Analysis Nov 09, 2026 · 11:04 PX · 0.145 Pelangio Exploration Inc.
Executive Summary

Pelangio Exploration Inc. (PX) has completed Controlled Source Electromagnetic (CSEM) geophysical surveys at its Manfo and Obuasi projects in Ghana. Data processing is currently underway, with results expected by year-end to guide 2027 drilling activities.

At the Manfo project, a structural study confirms that the Pokukrom East deposit remains open at depth. The company has recommended a 1,280-meter follow-up drilling program to test the down-plunge extension of high-grade zones.

Diamond drilling is now underway at the Dankran property, targeting high-grade gold mineralization following up on successful 2021 RC results. Assays from this program are anticipated by year-end.

Partner TuNya has completed its earn-in drilling commitment of 2,281 meters on the Obuasi property, exceeding the 2,000-meter requirement. Assays from this work are pending.

Material Impact

Pelangio Exploration Inc. (PX) released its November 9 update, serving as a standard operational follow-up to announcements made throughout 2026. These prior disclosures included the February commissioning of CSEM surveys, the January launch of the Manfo drill program, and the June structural study contract. The latest news confirms the successful execution of planned geophysical surveys and the completion of TuNya's earn-in drilling, validating the company's exploration timeline and geological models.

The update outlines a 1,280-meter follow-up program at Manfo and planned drilling at Dankran. These initiatives represent expected next steps rather than unexpected discoveries or strategic shifts. The information is incremental and aligns with the company's stated exploration roadmap, providing positive confirmation of progress without introducing new material catalysts, financing, or revised guidance.

PX · Price
Company Overview

Pelangio Exploration Inc. (PX) is a gold exploration company focused on projects in Ghana, West Africa. Its flagship asset is the Manfo project, which hosts the Pokukrom East and Pokukrom West deposits. The Manfo project holds an NI 43-101 compliant mineral resource of 441,000 ounces of indicated gold at 1.16 g/t Au and 396,000 ounces of inferred gold at 0.77 g/t Au.

The company also holds the Obuasi property, located adjacent to the AngloGold Ashanti Obuasi Mine, and the Dankran property. All projects are in the exploration stage, with no production operations currently active.

Read the original news release →

More from Pelangio Exploration Inc.

Sep 18, 2026 · 07:01

Pelangio advances CSEM and drilling across the Manfo, Obuasi, and Dankran projects in its Ghana exploration program.

Drill Results Sep 16, 2026 · 07:01

Pelangio confirmed low-grade extensions at Manfo, though follow-up drilling failed to intersect the high-grade shoot.

Drill Results Jun 15, 2026 · 17:31

Pelangio’s Manfo Extension drill results highlight high-grade gold intersections, though the company faces liquidity pressures as cash burn exceeds capital raises.

Drill Results Jun 01, 2026 · 20:30

Pelangio Exploration Inc. - Advancing Ghana Gold Projects

Drill Results Feb 27, 2026 · 15:18

Pelangio orders CSEM survey for Obuasi, Manfo

Drill Results Feb 27, 2026 · 07:01

Pelangio deploys deep-penetrating geophysics to unlock 1km depth potential at Obuasi and Manfo as resource drilling continues.

Drill Results