Northwire Canada EditionTuesday, October 20, 2026
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GOLD 4154.00 −0.1% SILVER 58.02 +1.3% COPPER 6.61 +0.6% OIL 97.41 −1.1% PALLADIUM 1113.75 −0.8% ADZ 0.130 +8.3% NXS 0.150 +0.0% ETG 2.83 −6.6% EMNT 0.355 +1.4% PPM 0.140 −6.7% CERT 2.37 +0.4% KNG 0.950 −2.1% RYR 0.195 +2.6% VCG 1.20 +16.5% NVX 1.20 +7.1% LIO 0.170 +3.0% KG 0.160 +0.0% KC 0.410 +2.5% FUU 0.115 −4.2% ECR 0.242 −3.0% MLP 2.09 −6.3% GOLD 4154.00 −0.1% SILVER 58.02 +1.3% COPPER 6.61 +0.6% OIL 97.41 −1.1% PALLADIUM 1113.75 −0.8% ADZ 0.130 +8.3% NXS 0.150 +0.0% ETG 2.83 −6.6% EMNT 0.355 +1.4% PPM 0.140 −6.7% CERT 2.37 +0.4% KNG 0.950 −2.1% RYR 0.195 +2.6% VCG 1.20 +16.5% NVX 1.20 +7.1% LIO 0.170 +3.0% KG 0.160 +0.0% KC 0.410 +2.5% FUU 0.115 −4.2% ECR 0.242 −3.0% MLP 2.09 −6.3%
Drill Results Routine +

RPX Gold's Drilling Extends Near Surface Gold Mineralization and Along Strike

RPX Gold Drilling Validates Wawa PEA Economics with Resource Extension Between Pits

By The Northwire Desk — AI Analysis May 27, 2026 · 07:30 RPX · 0.188 RPX Gold Inc.
Executive Summary
  • Event: RPX Gold Inc. announced high-grade gold assay results from its 2025-2026 drilling program at the Wawa Gold Project in Ontario on May 27, 2026.
  • Key Intercepts: Significant intercepts include up to 30.12 g/t Au over 3.39 metres (SD-26-626) and 55.20 g/t Au over 1.04 metres (SD-26-639).
  • Geological Impact: Drilling between North and South open pits confirmed continuity of gold mineralization in an area previously undrilled at this density, extending mineralization beyond current resources by over 100 m.
  • Future Milestones: Results will be incorporated into an updated Mineral Resource Estimate (MRE) later in 2026; a Pre-Feasibility Study (PFS) is targeted for completion in H1 2027.
  • Market Maker Engagement: Engaged ICP Securities Inc. for automated market making services starting June 1, 2026, at C$7,500/month.
  • QA/QC: Assays performed by Activation Laboratories Ltd. with umpire testing at Agat Laboratories for ~5% of samples; external standards and blanks inserted every 20 samples.
Material Impact
  • Validation of PEA Thesis: The most recent news serves as geological validation for the Preliminary Economic Assessment (PEA) released in February 2026, which projected robust economics with a C$523 million NPV and 99.7% IRR at $3,500/oz gold.
  • Resource Extension: Extending mineralization by over 100 m between pits is material for resource conversion but does not yet alter the financial model until the updated MRE is released later in 2026.
  • Progression to PFS: The news confirms the company is on track for its stated milestone of a Pre-Feasibility Study (PFS) in H1 2027, reducing execution risk regarding project definition.
  • Market Expectations: Given the financing closed May 13, 2026 ($14.1M), and the PEA release in February, this drilling update is consistent with the expected exploration program to support the PFS. It lacks the "unexpected" element required for a Material - Positive rating relative to the prior PEA announcement.
  • Liquidity: The engagement of ICP Securities for market making improves liquidity but does not impact fundamental valuation directly.
RPX · Price
Company Overview
  • Company: RPX Gold Inc. (formerly Red Pine Exploration Inc.).
  • Flagship Project: Wawa Gold Project, Ontario (Jubilee Shear).
  • Project Status: Pre-Feasibility Study stage following a completed Preliminary Economic Assessment (PEA).
  • Development Strategy: Phased open-pit mining followed by underground mining; utilizes regional toll milling to eliminate on-site mill construction.
  • Resource Base: Indicated Resource 1,244,000 oz Au; Inferred Resource 509,000 oz Au (as of Feb 2026 MRE).
Read the original news release →

More from RPX Gold Inc.

Oct 07, 2026 · 06:45

RPX’s Wawa infill confirms grade with a headline hole resting on one uncapped 0.71 m sample.

Drill Results Sep 16, 2026 · 06:48

RPX’s Wawa step-out adds 35m at 1.87 g/t in-line open-pit grade.

Drill Results Sep 02, 2026 · 06:48

RPX’s Wawa project achieved superior metallurgical recovery, supporting its progression toward a 2027 preliminary feasibility study.

Technical Study Jul 14, 2026 · 06:45

RPX adds a second drill rig to accelerate resource conversion and derisk the preliminary feasibility study timeline at its Wawa gold project.

Drill Results May 20, 2026 · 07:45

RPX Gold Secures Funding for Wawa PFS Amidst Strong Preliminary Economics

Other May 13, 2026 · 08:35

RPX Gold Secures Funding for Wawa Project PFS Pathway Amidst Consolidation

Financings