Northwire Canada EditionSunday, September 20, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6% GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6%
Drill Results Routine +

Arya Resources Announces Successful Phase 2 Drilling at Wedge Lake: Gold and Silver Intersected in All Holes, New Triplet Zone Discovered

Arya achieved a 100% success rate at Wedge Lake, but its stock slid below $0.40 amid fading scandium hype.

By The Northwire Desk — AI Analysis Jun 11, 2026 · 15:11 RBZ · 0.335 Arya Resources Ltd.
Executive Summary
  • Arya Resources announced final assay results from its Phase 2 winter 2026 drill program at the Wedge Lake Project in Saskatchewan.
  • The program achieved a 100% success rate across 6 holes (1,041 m), intersecting gold and silver mineralization in every hole.
  • Twin Zone results confirmed high-grade continuity, with hole AR26-15 returning 4.85 g/t Au over 10.70 m, including 18.99 g/t Au over 2.00 m.
  • A new discovery, the Triplet Zone, was identified ~1,000 m west of the Twin Zone, yielding 6.05 g/t Au over 10.85 m, including 15.47 g/t Au over 2.70 m.
  • Widespread moderate-grade silver and elevated scandium (up to 64.12 ppm) were noted outside primary gold zones, adding a polymetallic dimension to the system.
  • The company confirmed it is fully funded for a Phase 3 program, which will focus on expanding the Twin and Triplet zones, testing historic occurrences, and conducting surface mapping.
Material Impact
  • The Phase 2 results are a logical continuation of the exploration program initiated in late 2025. The 100% success rate and discovery of the Triplet Zone validate the geological model but do not represent a paradigm shift in the project's scale or economics.
  • The stock has declined approximately 33% from its January 2026 peak of $0.64, suggesting the market had already priced in the expected exploration progress. The addition of scandium and silver, while geologically interesting, does not immediately alter the capital requirements or near-term development path for a greenfield gold project.
  • The news is incremental and aligns with management's stated exploration objectives. It provides confidence in the continuity of the mineralization but lacks the unexpected, market-moving catalyst required to reverse the current downtrend.
RBZ · Price
Company Overview
  • Arya Resources Ltd. is a junior exploration company focused on the La Ronge gold belt in Saskatchewan, Canada.
  • Flagship Project: Wedge Lake Gold Project, encompassing ~32,459 acres, with an additional ~29,485 acres approved in September 2025.
  • Key Zones: Twin Zone (iron-formation hosted gold-silver, bulk-tonnage style), T-6 Zone (orogenic quartz-vein gold), and the newly discovered Triplet Zone.
  • Secondary Project: Dunlop Nickel-Copper-Cobalt Project, targeting critical minerals.
  • Management: Rasool Mohammad (President & CEO) and Peter Deacon (Director) lead the exploration efforts, with independent technical review by Kevin Wells, P.Geo.
Read the original news release →

More from Arya Resources Ltd.

Aug 11, 2026 · 07:01

Arya secures 100% title to the Wedge Lake project while maintaining its existing royalty agreement.

M&A / Property May 25, 2026 · 16:57

Arya Resources Confirms Twin Zone Continuity and Scandium Potential Amidst Consolidation

Drill Results May 25, 2026 · 07:38

Scandium Discovery Adds Critical Mineral Premium to Wedge Lake Gold Project

Drill Results May 01, 2026 · 15:40

Arya Resources Secures Funding for Wedge Lake Expansion Following Triplet Zone Discovery

Financings Apr 27, 2026 · 12:04

Arya Resources Secures Funding and Confirms Depth Potential at Wedge Lake Following Drilling Update

Drill Results Apr 16, 2026 · 09:28

Arya Resources Secures Capital Amid Exploration Push

Financings