Northwire Canada EditionMonday, November 9, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

Germanium Mining plans airborne survey at Lac Du 35

GMC · Price

Executive Summary

  • Germanium Mining Corp. announced plans to conduct a property-wide airborne magnetic and electromagnetic survey at its 100%-owned Lac Du Km 35 germanium project in Quebec, scheduled to be flown in April 2026.
  • The survey aims to identify high-priority exploration targets and structural features to refine areas for outcrop sampling and guide a first-phase drilling program planned for fall 2026.
  • Recent remote sensing has identified a prominent circular feature at the Laganiere showing and defined the Faribault shear zone, which are expected to be integrated with new geophysical data to optimize drill collar locations.

Key Details

  • Survey Specifications: The new airborne survey will cover the entire Lac Du Km 35 property with modern, detailed parameters: line spacing not exceeding 75 metres and elevation from the surface below 30 metres.
  • Comparison to Historical Data: Previous government data from 1978 had a line spacing of 200 metres and elevation of 120 metres; the new survey will significantly improve resolution to confirm existing anomalies and outline new ones.
  • Drilling Timeline: The company intends to conduct a first-phase drilling program by the fall of 2026, following the summer field season of verification.
  • Laganiere Showing Details:
    • Discovered in 1998, this peridotite outcrop returned 0.02% (186 ppm) germanium, the highest value ever reported from an outcrop in Quebec.
    • Remote sensing identified a ~300-metre diameter circular feature at this location, intersected by three northeast-trending structural corridors.
    • Located 450 metres northeast of the Faribault shear zone (FSZ) and adjacent to a 400m x 400m cluster of untested electromagnetic anomalies.
  • Faribault Shear Zone (FSZ): Located ~450 metres southwest of the Laganiere showing, this east-southeast oriented zone dips south-southwest and is interpreted as a key structural conduit for hydrothermal fluids.
  • Data Integration: All new airborne data and remote sensing results will be compiled into a GIS platform to generate 1:5,000 scale maps for optimizing fieldwork and logistics.
  • Germanium Market Context: Germanium is listed as a critical metal in Canada, the US, and EU. China banned germanium exports to the US on Dec 3, 2024. Recent spot prices have exceeded $5,000 USD per kilogram.

Notable Quotes

  • "Amid rising geopolitical tensions and increasing competition for secure supply chains, the importance of developing domestic sources of critical minerals has never been clearer. Germanium, in particular plays a vital role in advanced technologies spanning defence, telecommunications and next-generation computing. Germanium Mining Corp. is focused on unlocking strategic resources in stable jurisdictions, to potentially contribute to a more secure and resilient North American supply chain." — Mario Pezzente, CEO
Read the original news release →

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