Northwire Canada EditionSaturday, July 18, 2026
Northwire
AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0% AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0%
Drill Results Routine +

Arya Resources Reports Iron Formation Intersections at Wedge Lake - Drilling Extends Twin Zone Vertically and Laterally

Arya Resources confirms vertical and lateral expansion of iron-formation gold system at Wedge Lake as winter drilling concludes.

Executive Summary

The most recent news (March 17, 2026) announces the completion of the winter drilling program at the Wedge Lake Gold Project in Saskatchewan. The company drilled six holes (1,041m) targeting the Twin and T-6 Zones. Key geological observations include the intersection of sulphide-bearing iron formation in multiple holes, confirming that the system extends at least 138 vertical meters and remains open laterally to the east and west. Specifically, hole AR26-11 intersected significant intervals of massive to semi-massive sulphides (7.65m) and sulphide iron formation (SIF) totaling over 39 meters. Hole AR26-14 showed a substantial 64.30m intercept of SIF.

Material Impact

The impact is Routine - Positive. While the visual observations of "massive sulphides" and broad 60-meter intercepts of iron formation are geologically encouraging and confirm the "bulk-tonnage" model management has been promoting, the news lacks the critical component for a "Material" rating: assay results. - Consistency: The results are in line with the 2025 program which established the Twin Zone as an iron-formation-hosted system. - Scale: Extending the strike length to 381m and confirming depth continuity to 138m provides the necessary volume for a potential resource, but the economic grade is not yet confirmed for these specific holes. - Risk Mitigation: The visual confirmation of the T-6 zone (1,000m west of Twin) suggests the mineralizing system is widespread across the property.

RBZ · Price
Company Overview

Arya Resources is a junior explorer focused on Saskatchewan. Its flagship is the Wedge Lake Gold Project in the La Ronge Gold Belt. The project features two distinct styles of mineralization: - Twin Zone: Iron-formation hosted (analogous to Meadowbank or Meliadine), showing potential for bulk-tonnage. - T-6 Zone: Orogenic/mesothermal quartz veins, which have yielded high-grade results (e.g., 21.59 g/t Au over 5.84m). The company also holds the Dunlop Ni-Cu-Co project and the Ramp East claims.

Read the original news release →

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