Northwire Canada EditionSunday, November 1, 2026
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results Routine +

NovaRed Mining Announces Planned 2026 Field Program

NovaRed Mining Schedules Fall Drilling at Wilmac Copper-Gold Project Amid AI Platform Expansion

By The Northwire Desk — AI Analysis Jun 17, 2026 · 10:57 NRED · 1.84 NovaRed Mining Inc.
Executive Summary
  • NovaRed Mining announced its planned 2026 field program for the 100%-optioned Wilmac Copper-Gold Project in British Columbia.
  • The program targets an initial drill program in the fall of 2026, contingent on acquiring an approved drill permit from the previous operator.
  • Exploration activities will integrate expanded soil sampling across four grids (North Lamont, Lamont, Plume, West Lamont) and four IP/AMT geophysical surveys.
  • Laboratory analysis will standardize soil samples via four-acid digestion to establish a uniform B Horizon database and enable near real-time pXRF calibration.
  • Priority subsurface testing targets include the Wilmac, Lamont, and Trojan-Condor Corridor grids, building on historical core re-examination and recent geophysical results.
Material Impact
  • The announcement represents a standard, incremental step in the company's exploration cycle rather than a transformative event.
  • No new resource estimates, financial results, or definitive assay intercepts are disclosed.
  • Progress is heavily contingent on regulatory permit acquisition, which introduces execution risk and timeline uncertainty.
  • The update reinforces the company's dual-track strategy (physical exploration + AI platform development) but does not alter near-term cash flow or valuation drivers.
NRED · Price
Company Overview
  • NovaRed Mining Inc. operates as a mineral exploration company with a parallel focus on AI-driven geospatial technology.
  • Core asset: Wilmac Copper-Gold Project, a 16,078-hectare 100%-optioned property in the Quesnel porphyry belt, BC, located approximately 10 km west of Hudbay Minerals' producing Copper Mountain Mine.
  • Technology division: MetalCore AI, a proprietary platform integrating geological, geochemical, and geophysical data to rank exploration targets, currently in customer onboarding phase with over 2.7 million records in its dataset.
  • Strategic positioning leverages proximity to a major producing mine and proprietary AI tools to de-risk exploration targeting.
Read the original news release →

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