Northwire Canada EditionTuesday, November 3, 2026
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Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0% Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0%
Drill Results Routine +

ATERRA Announces Completion of Totora Phase I Drill Program

Chilean copper-gold explorer advances Totora drilling but faces assay delays; cash runway remains tight.

By The Northwire Desk — AI Analysis Jun 08, 2026 · 09:07 ATC · 0.033 ATERRA Metals Inc.
Executive Summary
  • ATERRA Metals completed its Phase I drilling program at the Totora Cu-Au Project in Chile, totaling 2,745.6 metres across the Totora, Algarrobilla, and Frontera porphyry systems.
  • Assay results are delayed by 4-6 weeks due to laboratory backlogs in Chile, though the company maintains its target to release a NI 43-101 compliant resource estimate in Q3 2026.
  • The company disclosed the issuance of the second tranche (1,916,666 shares) under a research capital advisory agreement with Research Capital Corporation, bringing total issued shares to 5,750,000 at a deemed price of $0.0327 per share.
  • Post-issuance capitalization stands at 351,874,466 common shares.
Material Impact
  • The completion of Phase I drilling is an expected operational milestone that confirms the company is executing its exploration plan on schedule.
  • The 4-6 week assay delay is a minor operational hiccup driven by third-party lab capacity in Chile and does not alter the fundamental exploration timeline or the Q3 2026 resource estimate target.
  • The issuance of advisor shares represents nominal dilution ($62,675 total consideration) and has no meaningful impact on the company's financial position or share structure.
  • The news confirms continued progress toward a key catalyst (the resource estimate) without introducing new strategic shifts or financial stress.
ATC · Price
Company Overview
  • ATERRA Metals Inc. (formerly Cascada Silver Corp.) is an exploration-stage company focused on copper-gold projects in Chile's Region III.
  • The company rebranded in December 2025 to reflect a strategic pivot to copper-gold exploration.
  • Core assets include the Totora Project, encompassing the Frontera, Taruca, and Clinton properties, which host historical porphyry copper-gold targets.
  • The company is in the early exploration phase, aiming to convert historical data into a compliant NI 43-101 resource estimate.
Read the original news release →

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Apr 30, 2026 · 07:16

ATERRA Metals Advances Totora Drilling Amid Dilutive Option Grants and Financing Tranches

Production / Operations Apr 21, 2026 · 07:21

ATERRA Metals Progresses Totora Drill Program While Managing Hydrogeological Challenges

Drill Results Mar 25, 2026 · 17:24

Aterra begins 3,000 m phase I drill program at Totora

Drill Results Mar 25, 2026 · 08:01

ATERRA Metals Taps Research Capital for Advisory as Chilean Drilling Kicks Off

Drill Results Feb 03, 2026 · 07:31

ATERRA Finalizes Option Agreements for the Totora Copper-Gold Porphyry Properties, Region III, Chile

Drill Results Jan 23, 2026 · 04:34

Aterra closes $2.78-million private placement

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