Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

Errington Metals Reports Strong 2025 Drill Results and Further Defines Expansion Potential at Errington Zone

Errington Metals confirms drill continuity at its Sudbury Basin project, highlighting the need for an immediate capital raise to address liquidity constraints.

By The Northwire Desk — AI Analysis Jun 09, 2026 · 06:00 EM · 3.44 Errington Metals Corp.
Executive Summary
  • Errington Metals reported 2025 drill results at its Sudbury Basin Project, focusing on the Errington Main and Errington West zones.
  • Significant intercepts include 23.7m @ 0.54% Cu, 5.76% Zn, 1.64% Pb, 2.61 g/t Au, 130.2 g/t Ag at Errington West, and 21.5m @ 0.38% Cu, 0.08% Zn, 0.13% Pb, 1.23 g/t Au, 24.7 g/t Ag at Errington Main.
  • Drilling confirms the Errington Main zone remains open down-dip and Errington West remains open along strike.
  • The company announced a non-binding term sheet to acquire certain Canadian mineral property claims for ~2.3 million common shares (~4.99% of outstanding shares) plus cash milestones.
  • Completion is subject to regulatory, third-party, and TSXV approvals.
  • The company is advancing a planned 45,000-metre drill program in 2026 to support an initial mineral resource estimate targeted for H2 2026.
  • Historical Glencore MRE (Dec 31, 2024) is provided for reference but has not been verified to current NI 43-101 standards.
Material Impact
  • The drill results are consistent with the company's stated 45,000-metre exploration program launched in April 2026. They confirm geological continuity and expansion potential, which is expected and incremental to prior updates.
  • The property acquisition term sheet is non-binding and represents a small dilutive issuance (~5%). It does not materially alter the company's near-term valuation or operational footprint until definitive agreements are signed and approvals are obtained.
  • No new financial guidance or revenue milestones are provided. The company remains pre-revenue with a high cash burn rate.
  • The news reinforces the exploration thesis but does not change the fundamental risk profile regarding liquidity or the timeline to a bankable feasibility study.
EM · Price
Company Overview
  • Errington Metals Corp. is a pre-revenue mineral exploration company focused on the Sudbury Basin Project in Ontario, Canada.
  • The flagship project targets polymetallic Volcanogenic Massive Sulphide (VMS) deposits containing copper, zinc, lead, gold, and silver.
  • The project consists of the Errington, Vermilion, and Balfour mineralized zones.
  • The company is in the exploration and development stage, actively drilling to expand known mineralization and prepare for an initial MRE.
  • No economic studies (NPV, IRR, Capex) have been released.
Read the original news release →

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Jul 07, 2026 · 06:00

Errington acquires strategic land to expand its Sudbury footprint ahead of a second-half resource estimate.

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David Harquail and Daniel Myerson to Join Errington Metals as Strategic Advisors

Management