Northwire Canada EditionSunday, July 12, 2026
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Drill Results Routine +

Northern Lights Announces Start of Summer Exploration Campaign at the Pup Copper Project

Small-cap copper explorer advancing permitted drilling in the Yukon while monetizing non-core assets to fund operations.

Executive Summary

Exploration Campaign Commencement

  • Northern Lights Resources Corp. announces the start of its fully funded 2026 summer exploration program at the Pup Copper Project in the Yukon, Canada.
  • The Phase One reconnaissance program includes excavator trenching, drill pad construction, and a planned 10-hole, 600-metre shallow scout reverse-circulation (RC) drill program.
  • Drilling will target the Gismo and Petal Zones, which were identified in 2025 as having strong copper oxide mineralization and anomalous soil geochemistry.
  • Surface geochemical sampling and prospecting will continue to evaluate soil, rock, and magnetic anomalies.
  • The project holds a Class 3 exploration permit valid for 10 years, authorizing drilling, trenching, and trail construction.
  • CEO Luka Capin notes that the 2025 field season advanced the understanding of Pup, providing the technical basis for the maiden drill program, and marks the first direct test of bedrock beneath the anomalies.
Material Impact

Execution of Planned Milestone

  • The announcement confirms the execution of a drill program that was explicitly flagged as the next step following the March 2026 update, which stated the Petal Zone had reached "drill-decision status."
  • It demonstrates management's ability to transition from surface sampling to direct bedrock testing, a standard but necessary progression for junior explorers.
  • The program is fully funded and permitted, removing near-term execution uncertainty for this specific phase.
  • No new financial data, valuation inflection points, or strategic pivots are introduced. The market likely priced in the drill program initiation when the permit was secured and the drill decision was announced earlier in the year.
  • The impact is incremental and operational, serving to validate the exploration thesis rather than re-rate the business.
NLR · Price
Company Overview
  • Northern Lights Resources Corp. is a junior mining company focused on copper and gold exploration across North America.
  • Core assets include the Pup Copper Project (Yukon), Horetzky Copper Project (British Columbia), and Secret Pass Gold Project (Arizona).
  • The company also holds a 1% NSR royalty on the Medicine Springs Project in Nevada, which is being monetized to fund core Canadian operations.
  • Strategic focus: Advance high-potential copper/gold assets to drill stage, monetize non-core assets, and maintain a lean balance sheet to preserve shareholder value.
Read the original news release →

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