Northwire Canada EditionThursday, November 12, 2026
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Gold 3,864.10 −3.4% Silver 49.87 −4.1% Copper 6.16 −2.0% Oil 86.61 +0.1% Palladium 981.75 −6.2% BIG 0.940 −1.1% VCG 1.10 +0.0% SCD 0.150 +3.5% GAL 0.370 −0.7% SAG 0.640 −3.0% VIZ 0.195 +0.0% SAGA 0.375 −6.2% ZEN 0.530 −3.6% TDG 0.490 +0.0% GDP 0.250 +8.7% PDN 8.41 +0.0% FL 0.355 −1.4% RIO 2.57 −3.8% COSA 0.280 −9.7% DML 2.98 −4.6% VCU 0.730 −5.2% Gold 3,864.10 −3.4% Silver 49.87 −4.1% Copper 6.16 −2.0% Oil 86.61 +0.1% Palladium 981.75 −6.2% BIG 0.940 −1.1% VCG 1.10 +0.0% SCD 0.150 +3.5% GAL 0.370 −0.7% SAG 0.640 −3.0% VIZ 0.195 +0.0% SAGA 0.375 −6.2% ZEN 0.530 −3.6% TDG 0.490 +0.0% GDP 0.250 +8.7% PDN 8.41 +0.0% FL 0.355 −1.4% RIO 2.57 −3.8% COSA 0.280 −9.7% DML 2.98 −4.6% VCU 0.730 −5.2%
Drill Results

Roxmore Resources Reports Drill Results From Drill Program at the Converse Project, Battle Mountain - Eureka Trend Nevada

By The Northwire Desk — AI Analysis Jan 20, 2026 · 07:30 RM · 2.95 Roxmore Resources Inc.
RM · Price

Executive Summary

  • Roxmore reported a significant intercept in hole CV25‑007C: 194.5 m averaging 0.71 g/t Au from 190.2 m depth, including higher‑grade zones of 12.5 m at 1.14 g/t Au and 24.1 m at 1.77 g/t Au.
  • The core results closely match historic reverse‑circulation (RC) drilling, extending mineralization an additional ~90 m below the RC hole and confirming a true thickness of roughly 150 m.
  • Highest individual assay returned 5.39 g/t Au; overall data support continued confidence in the Converse resource model and underpin the upcoming Preliminary Economic Assessment (PEA) slated for Q2 2026.

Key Details

  • Hole CV25‑007C – depth 385 m, azimuth 239°, dip ‑87°.
  • Primary intercept: 194.5 m @ 0.71 g/t Au from 190.2 m depth.
  • High‑grade sub‑intervals:
  • 12.5 m @ 1.14 g/t Au (208.5 m)
  • 24.1 m @ 1.77 g/t Au (281 m)
  • Comparison to historic RC hole NK‑087:
  • RC intersected 118.3 m @ 0.63 g/t Au (74.3 g·m).
  • Twin core interval returned 104.6 m @ 0.73 g/t Au (76.3 g·m), confirming strong correlation between RC and core results.
  • Extension of mineralization: Core hole extended ~89.6 m deeper than the historic RC hole, indicating potential for further resource expansion.
  • True thickness estimate: Approximately 150 m based on bedding dip modelling and grade‑shell analysis.
  • Peak assay: 5.39 g/t Au (fire assay with gravimetric finish).
  • Geological context: Skarn‑related gold mineralization within the Havallah Formation; alteration trends suggest higher grades in retrograde zones.
  • Metallurgical note: Gold recoverable by cyanidation across oxidized, transitional, and sulphide zones.
  • Upcoming catalysts:
  • Q1 2026 – additional drill results from current program.
  • Q2 2026 – release of the Converse PEA.

Notable Quotes

“Drilling continues to reinforce the robust nature of the Converse deposit… we look forward to delivering what we believe will be a compelling PEA next quarter.” – John Dorward, Executive Chairman

All technical information reviewed and approved by Vance Spalding, CPG, Executive VP Exploration (Qualified Person under NI 43‑101).

Read the original news release →

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