Northwire Canada EditionSaturday, August 1, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Junior Miners Take Center Stage as Record Gold Prices Trigger Search for High-Grade Discovery

GGR · Price

Executive Summary

  • Golden Goose Resources Corp. signed a definitive agreement to acquire up to 100% of the Gran Esperanza Project in Río Negro Province, Argentina – a district‑scale epithermal gold‑silver property covering ~44,400 ha.
  • Multiple junior miners reported high‑grade drilling and surface sampling results: Tectonic Metals (364 g‑m intercept at Chicken Mountain), Goldsky Resources (completion of 100% ownership of Barsele Gold Project in Sweden), Benz Mining (13 m @ 29 g/t Au at Icon, WA) and Cassiar Gold (15.7 m @ 3.80 g/t Au with 176.5 g/t Au over 0.3 m at Newcoast).
  • The market commentary highlights a tightening gold supply environment driving a re‑rating of junior producers and emphasizing the strategic value of these high‑grade projects.

Key Details

  • Golden Goose – Gran Esperanza Acquisition
  • Definitive agreement with Valcheta Exploraciones S.A.S. to acquire up to 100% interest.
  • Property size: ~44,400 ha; located in Los Menucos District, North Patagonian Massif, Argentina.
  • Historical work: >10 km of low‑sulfidation epithermal veins exposed at surface, vein widths 1–5 m.
  • Surface sampling (Dec 2025): four rock‑chip samples; three >2.0 g/t Au, one sample 14.34 g/t Au.
  • Infrastructure: 2 km from paved highway, year‑round access, adjacent to Southern Copper’s ready‑to‑drill target.

  • Tectonic Metals – Chicken Mountain (Flat Gold Project, Alaska)

  • Intercept: 364 g‑m (9.94 g/t Au over 36.58 m; 15.73 g/t Au over 22.86 m; 104.23 g/t Au over 3.05 m).
  • Drill success: 100% across 176 holes, 61% ending in mineralization.
  • Ongoing program: assay results pending from 34 additional holes (18,373 m total in 2025).

  • Goldsky Resources – Barsele Gold Project (Sweden)

  • Definitive agreement to acquire remaining 55% interest from Agnico Eagle.
  • Consideration: US$20 M cash + 75.5 M shares + 2% NSR royalty.
  • Resulting ownership: 100% of Barsele (Indicated 320,781 oz Au; Inferred 1.83 M oz Au) on ~25,000 ha.
  • Post‑fundraising: Agnico Eagle to hold ~32.5% of Goldsky and provide nine‑month transition support; expected closing Q2 2026.

  • Benz Mining – Icon Discovery (Glenburgh Gold Project, Western Australia)

  • Infill drill result: 13 m @ 29.0 g/t Au from 60 m depth.
  • System-wide intercepts: ~200 m @ 1.0 g/t Au; corridor >3 km strike, only 30% tested.

  • Cassiar Gold – Newcoast Regional Prospect (Northern BC)

  • Drill hole 25NC‑017: 15.7 m @ 3.80 g/t Au, including 176.5 g/t Au over 0.3 m.
  • 2025 program: 7,308 m across 20 holes; identified new higher‑grade, visible gold‑bearing structure.
  • Plans: assess unmined high‑grade mineralization from historic underground mines (≈315,000 oz Au at 10–20 g/t) and evaluate tailings for metallurgical testing.

Notable Quotes

  • “Signing the Definitive Agreement for Gran Esperanza represents an important milestone and transformative step for Golden Goose.” – Dustin Nanos, CEO, Golden Goose Resources.
  • “A 364 gram‑meter intercept combined with 100% drill success is rare in exploration.” – Tony Reda, President & CEO, Tectonic Metals.
  • “The acquisition of the remaining 55% interest in Barsele is a transformational milestone for Goldsky.” – Russell Bradford, President & CEO, Goldsky Resources.
  • “Results from Icon reinforce our view of a large, coherent mineralised system with genuine scale.” – Mark Lynch‑Staunton, CEO, Benz Mining.
  • “We are pleased with the final results of the 2025 drill program and look forward to expanding focus in 2026.” – Marco Roque, President & CEO, Cassiar Gold.
Read the original news release →

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