Northwire Canada EditionWednesday, July 15, 2026
Northwire
EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0% EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +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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