Northwire Canada EditionTuesday, July 14, 2026
Northwire
WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8% WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8%
Drill Results Routine +

Auriginal Confirms Gold-Rich VMS System at Roger; Drills 32.6 g/t Gold Over 1.2 m

Auriginal’s first assays from Roger confirm VMS-style massive sulphides and narrow high-grade gold.

Executive Summary

Auriginal Mining Corp. (AUME) has released the first complete assay results from its 2026 drill program at the Roger project in Quebec. The company states that these results confirm its thesis regarding a gold-rich VMS system and has allocated an additional $2 million for follow-up drilling later in 2026.

Hole AUR-26-03, targeting a VMS zone, intersected massive to semi-massive sulphides. Key intervals included: - 4.2 m @ 1.55 g/t Au, 41.2 g/t Ag, 0.18% Cu (including 1.5 m @ 2.27 g/t Au, 83.9 g/t Ag, 0.47% Cu) - 4.0 m @ 1.64 g/t Au, 11.7 g/t Ag, 0.29% Cu, 0.11% Zn - 1.0 m @ 3.46 g/t Au

In Hole AUR-26-04A, located 250 m southwest, the company encountered wide intervals of disseminated, stringer, and semi-massive sulphides. Selected narrow high-grade gold intercepts included: - 1.2 m @ 32.6 g/t Au - 3.0 m @ 2.11 g/t Au - 2.8 m @ 4.01 g/t Au - 1.5 m @ 5.39 g/t Au

Partial assays from Hole AUR-26-05 reported 12.0 m @ 1.65 g/t Au, including 1.1 m @ 12.2 g/t Au.

Holes AUR-26-06 and AUR-26-07 remain in progress with assays pending. Hole 06 intersected semi-massive to massive sulphides and is being extended by 200 m to test a coincident gravity and EM anomaly. Additionally, the company noted that the porphyry system was expanded 600 m northeast and 500 m southwest.

Material Impact

Auriginal Mining Corp. (AUME) released the first assay results from a reinterpreted volcanogenic massive sulphide (VMS) target at its pre-resource project. The company, a junior explorer with no revenue and a $13 million market capitalization, confirmed the presence of massive sulphides and high-grade gold nearby. However, the reported grades and widths do not demonstrate an economic VMS deposit. The results included a 32.6 g/t over 1.2 m intercept, a narrow high-grade hit that may or may not be repeatable.

The stock had already priced in some VMS potential over the past year, rising from $0.01 to $0.09 before settling back at $0.05. Today’s release validates the geological model but does not deliver a deposit-defining intercept. A $2 million follow-up budget indicates the company remains in early-stage testing. While the news is positive relative to the pre-assay status, it is not transformative. The lack of true width, cutoff, and QA/QC data weakens the materiality of the findings.

AUME · Price
Company Overview

Auriginal Mining Corp. (TSXV: AUME) is a junior explorer focused on Quebec, with the flagship Roger project (Cu-Au-Ag-Zn, VMS/porphyry) and non-core assets Mitchi (sediment-hosted Cu), Wabash (Cu-Ag), and Anik (Au JV with IAMGOLD at 25%). The company is part of Ore Group, tightly held (~32% by insiders/Orecap). It has a historical resource at Roger (10.9 Mt Indicated @ 0.85 g/t AuEq) and a small resource at Mitchi. Market cap $13.2M, cash ~$6.8M, fully funded for 2026. No revenue. Management includes experienced geologists and former mine builders, but the story is entirely discovery-driven.

Read the original news release →

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