Northwire Canada EditionTuesday, November 3, 2026
Northwire
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Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0% Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0%
Drill Results

ATERRA Commences Drilling at the Totora Copper-Gold Project, Chile

ATERRA Metals Taps Research Capital for Advisory as Chilean Drilling Kicks Off

Executive Summary
  • ATERRA Metals Inc. has entered a three-month advisory agreement with Research Capital Corporation (RCC) for capital markets services, strategic planning, and market intelligence.
  • Compensation is structured entirely in equity: 5,750,000 common shares to be issued in three equal monthly tranches of approximately 1.917 million shares each.
  • All issued shares are subject to a statutory four-month-and-one-day hold period from their respective issuance dates.
  • The agreement is contingent on Canadian Securities Exchange (CSE) approval and aligns with RCC's prior role as the exclusive finder/agent for the company's January 2026 private placement.
Material Impact
  • The announcement is administrative and expected. RCC's involvement was already established during the January financing, making this advisory retention a logical continuation rather than a new strategic development.
  • The equity compensation is dilutive. At the current $0.03 trading price, the 5.75 million shares represent approximately $172,500 in value, which is a standard but non-trivial cost for a micro-cap explorer with no revenue.
  • There is no operational or geological impact. The news does not alter the Phase I drilling timeline, assay reporting schedule, or the targeted Q3 2026 resource estimate.
  • Market reaction is likely to be muted. The stock has traded in a tight $0.02-$0.04 range for months, and routine advisory agreements rarely move prices unless accompanied by unexpected strategic shifts or major institutional backing.
ATC · Price
Company Overview
  • ATERRA Metals Inc. (formerly Cascada Silver Corp.) rebranded in December 2025 to reflect a strategic pivot from silver to copper-gold exploration in Chile's Atacama Region III.
  • Flagship asset: Totora Copper-Gold Project, encompassing the Frontera, Taruca, and Clinton porphyry targets located ~60 km south of Vallenar.
  • Historical drilling at Totora has outlined >800m of strike length to ~500m depth, with notable intercepts including 142m @ 0.58% CuEq and 72m @ 0.83% CuEq.
  • The company is currently executing a 3,000m Phase I drill program to confirm historical results and expand mineralized zones, with a stated goal of publishing an updated NI 43-101 resource estimate in Q3 2026.
  • The Angie Property option agreement was recently terminated to concentrate capital and management focus on Totora.
Read the original news release →

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