Northwire Canada EditionTuesday, November 10, 2026
Northwire
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Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
Drill Results

Aeonian Resources begins drilling at Koocanusa

ALTN · Price

Executive Summary

  • Aeonian Resources Corp. has commenced its inaugural 2026 diamond drill program at the Jake Zone of its Koocanusa Copper-Silver Project in southeastern British Columbia.
  • The program will drill three holes (~900m total) to test a 130-metre-thick conductive sedimentary package for downdip copper-silver mineralization.
  • The target is supported by surface sampling up to 0.32% Cu and 31.1 g/t Ag, strong airborne magnetic/ground conductivity anomalies, and favorable geological bedding orientations.

Key Details

  • Drill Program: Inaugural 2026 diamond drill program at the Jake Zone, Koocanusa project.
  • Scope: 3 diamond drill holes from 2 drill pads, totaling approximately 900 metres.
  • Target Geology: 130-metre-thick conductive sedimentary package interpreted as a premium host for copper mineralization, dipping eastward consistent with surface outcrop measurements.
  • Geophysical Anomalies: Conductivity anomaly extends along ~500 metres of strike length and remains open laterally and downdip. Coincident with surface exposed copper-silver mineralization and airborne magnetic geophysics.
  • Surface Sampling: Values up to 0.32% copper and 31.1 g/t silver from mineralized sedimentary units exposed at surface (referenced from Dec. 8, 2025 release).
  • On-Site Analysis: Portable XRF (pXRF) analyzer will be used on-site to rapidly assess copper concentrations in drill core for real-time geological interpretation and drilling guidance.
  • Exploration Pipeline: Jake is 1 of ~19 priority copper-silver targets identified across the district-scale Koocanusa property (~352 km² within the Purcell basin).
  • Geological Model: Focuses on Revett-type sedimentary copper mineralization (equivalent to the Creston formation in BC). References regional stratigraphic parallels and deposits like Libby (Montanore), Rock Creek, and Spar Lake for geological context.
  • Permit & Timeline: Current exploration permit allows drilling activities over a three-year period. Follow-up drilling decisions will be made after evaluating initial geological observations and laboratory assay results.

Notable Quotes

  • "Commencing our inaugural drill program at Koocanusa is an important milestone for Aeonian. The Jake target presents a compelling combination of encouraging copper-silver values at surface, favourable sedimentary host rocks and a strong conductive geophysical signature that may represent sulphide-bearing horizons at depth." – Andy Randell, CEO
  • "This program represents the first test of a broader exploration model across the Koocanusa property. With 19 priority targets identified to date, we believe the project has the potential to develop into a significant copper-silver exploration district within the Purcell basin." – Andy Randell, CEO
  • "Our objective with this initial drilling is to confirm the geological model and determine whether these conductive sedimentary horizons host copper mineralization at depth." – Andy Randell, CEO
Read the original news release →

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