Northwire Canada EditionMonday, November 2, 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

Advanced Gold to incorporate U.S. subsidiary

By The Northwire Desk — AI Analysis Mar 25, 2026 · 18:45 AUEX · 0.39 Advanced Gold Exploration Inc
AUEX · Price

Executive Summary

  • Advanced Gold Exploration Inc. is incorporating a US subsidiary, Silver Belle Resources LLC, to hold its 2,000-acre Silver Belle project in Eureka County, Nevada.
  • The company has engaged ProDeMin USA LLC and Dr. Craig Gibson to execute a Phase 1 exploration program starting in mid-to-late April 2026, which will culminate in a NI 43-101 technical report.
  • The program aims to modernize historical exploration data through mapping, sampling, and advanced geophysics, building on documented high-grade silver-lead-zinc-antimony production from the property.

Key Details

  • Corporate Restructuring: Incorporation of wholly owned US subsidiary (Silver Belle Resources LLC) to hold ~100 unpatented lode mining claims (2,000 acres) in Eureka County, Nevada.
  • Technical Advisor & QP: Agreement with ProDeMin USA LLC; Dr. Craig Gibson, PGeo, appointed as Qualified Person under NI 43-101 to oversee the program and technical report.
  • Phase 1 Program Scope:
  • Geological mapping: 3 weeks of detailed field mapping across the claim block and surrounding areas
  • Systematic sampling: 50 to 100 rock and soil samples for geochemical analysis
  • Advanced field tech: Deployment of field-portable XRF measurements and drone-acquired orthophotos/video
  • Data compilation: Integration of all field data into a comprehensive GIS database
  • Timeline: Field work commences mid-to-late April 2026; technical report expected approximately two months after program start.
  • Historical Assay Data: A documented 1937 smelter return from the Silver Bell Mining Co. yielded 1,611 g/t Ag (47 oz/t), 37% Pb, 10% Zn, 1% Cu, and 3,000 g/t Sb, confirming the property's location within an antimony-enriched carbonate replacement deposit (CRD) belt.
  • Strategic Context: Project situated in the prolific Eureka mining district; exploration will target high-grade replacement and feeder structures at depth to establish a compliant technical foundation for future drilling and resource definition.

Notable Quotes

  • "Finalizing our Nevada corporate structure and engaging a team of ProDeMin's calibre are essential steps in our 2026 strategy. Dr. Gibson's extensive expertise in high-grade mineralization will be invaluable as we modernize the data on Silver Belle and move toward a compliant technical foundation for the project." — Arndt Roehlig, President and CEO
Read the original news release →

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