Northwire Canada EditionFriday, November 13, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Drill Results

Silver Grail Announces Assay Results that Confirm Porphyry-Style Copper Mineralization at Eastern Magnetic Anomaly, Ram Property, Golden Triangle, BC

Silver Grail Hits Mineralized System at Ram Property But Fails to Deliver High-Grade Punch Required to Sustain Momentum

By The Northwire Desk — AI Analysis Jan 12, 2026 · 07:31 SVG · 0.44 Silver Grail Resources Ltd.
Executive Summary

The news release dated January 12, 2026, reports assay results from the inaugural 7-hole (1,978 meters) diamond drill program at the Ram Property in British Columbia’s Golden Triangle. The program targeted two magnetic anomalies: - The Eastern Anomaly confirmed a porphyry-style copper-gold-molybdenum system. Hole RAM25-002 returned 152m of 0.02 g/t Au and 91m of 0.02 g/t Au. Hole RAM25-007 returned 163.4m of 0.02 g/t Au. - The Western Anomaly identified localized higher-grade vein mineralization. Hole RAM25-004 returned 3.64 g/t Au over 1.0m within a wider interval. - CEO Dino Cremonese acknowledged that while a legitimate porphyry target is confirmed, the grades at this stage are "modest."

Material Impact

The impact is neutral to slightly negative for the following reasons: - Low Grades: The "broad zones" of mineralization in the Eastern Anomaly are extremely low grade (0.02 g/t Gold). While common for the outer shells of porphyry systems, they do not currently represent economic mineralization. - Market Anticipation: The stock price surged from $0.07 in early 2025 to a high of $0.55 in late December 2025, suggesting the market had priced in a significant discovery. These "modest" results may lead to a "sell the news" reaction as the retail excitement cools. - Validation: On the positive side, the results validate the geological model and the presence of a mineralizing system, providing a basis for further exploration. However, the company remains in a very early, high-risk stage.

SVG · Price
Company Overview

Silver Grail Resources is a junior explorer focused on the Golden Triangle of British Columbia. - Flagship Project: The Ram Property (jointly owned with Teuton Resources). It is located 7km west of the Red Mountain deposit. - Other Assets: The Clone Property (gold-copper) and several royalty interests (NSRs) on properties in the region.

Read the original news release →

More from Silver Grail Resources Ltd.

Oct 19, 2026 · 08:10

Silver Grail’s Clone property survey reveals a broad anomaly while the company faces looming cash burn pressures.

Drill Results Nov 18, 2025 · 21:16

Silver Grail closes $996,360 private placement

Financings Nov 18, 2025 · 16:20

$996,360 Private Placement Completed

Financings