Northwire Canada EditionWednesday, October 21, 2026
Northwire
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GOLD 4142.60 −0.4% SILVER 58.15 +1.5% COPPER 6.62 +0.6% OIL 97.82 −0.7% PALLADIUM 1104.00 −1.7% DSV 11.23 −1.1% PMET 3.23 +1.2% GAL 0.390 −1.9% EVI 0.480 −2.0% SF 0.365 −2.7% EPL 0.175 +0.0% TORQ 0.055 +0.0% LMG 0.390 −2.5% MMY 0.760 +0.0% MOX 0.205 +0.0% ADZ 0.150 +25.0% NXS 0.150 +0.0% ETG 2.69 −11.2% EMNT 0.355 +1.4% PPM 0.120 −20.0% CERT 2.35 −0.4% GOLD 4142.60 −0.4% SILVER 58.15 +1.5% COPPER 6.62 +0.6% OIL 97.82 −0.7% PALLADIUM 1104.00 −1.7% DSV 11.23 −1.1% PMET 3.23 +1.2% GAL 0.390 −1.9% EVI 0.480 −2.0% SF 0.365 −2.7% EPL 0.175 +0.0% TORQ 0.055 +0.0% LMG 0.390 −2.5% MMY 0.760 +0.0% MOX 0.205 +0.0% ADZ 0.150 +25.0% NXS 0.150 +0.0% ETG 2.69 −11.2% EMNT 0.355 +1.4% PPM 0.120 −20.0% CERT 2.35 −0.4%
Drill Results

Paradigm Gold receives 5 yr drill permit at Swift Katie

PDQ · Price

Executive Summary

  • Paradigm Gold Corp. received a five‑year drill permit for its Swift Katie gold‑copper property in BC, valid through Dec 31 2030.
  • The company will commence drilling in early 2026, starting with ~2,000 m to expand the known gold mineralization at the TR19 area and SK17‑019 target (previously assayed 8.6 m @ 3.1 g/t Au).
  • A surface program will run concurrently to delineate existing mineralization and generate new drill targets; the Katie Cu‑Au porphyry target is also permitted, with historic intercepts of 101.5 m @ 0.19 % Cu & 0.12 g/t Au (including 12.8 m @ 0.43 % Cu & 0.15 g/t Au).

Key Details

  • Permit: Five‑year drill permit for Swift Katie property, expires Dec 31 2030.
  • Initial Drilling Plan: ~2,000 m of core drilling in early 2026 targeting expansion of gold mineralization at TR19 and SK17‑019 (≈1 km SW along the same trend).
  • Historical Assay Reference: 8.6 m @ 3.1 g/t Au from prior 2017 program (see Sept 7 2017 release).
  • Surface Program: Planned to further delineate known gold zones and identify new drill targets across under‑explored areas.
  • Katie Cu‑Au Target Permit: Also approved; historic drilling highlighted 101.5 m @ 0.19 % Cu & 0.12 g/t Au, including a higher‑grade interval of 12.8 m @ 0.43 % Cu & 0.15 g/t Au (hole VKT08‑069).
  • Property Overview: 19 contiguous MTO claims covering 83 km² in BC’s Golden Arc; three semi‑continuous Cu‑Au zones over a 1,800 m strike length identified to date.
  • Infill Drilling Completed: Eight infill holes totalling 2,600 m have been drilled, expected to enhance size and continuity of the mineralization.
  • Geological Context: Gold‑silver mineralization hosted in volcaniclastic rocks of the Elise formation; comparable to historic Rossland mining camp (2.7 Moz Au, 3.4 Moz Ag, 120 M lb Cu).

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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