Northwire Canada EditionSunday, September 6, 2026
Northwire
GOLD 4476.60 −1.4% SILVER 66.75 −1.4% COPPER 6.68 +0.3% OIL 91.48 +0.2% PALLADIUM 1403.90 −2.5% JDN 0.230 +0.0% HVG 0.050 +0.0% AUMN 0.305 −3.2% MNRG 0.095 +0.0% SKP 0.165 +0.0% RME 0.235 +0.0% HAY 0.070 −12.5% TIGR 0.900 +0.0% BAU 0.200 −2.4% BEEP 0.215 +7.5% FOXT 0.175 +0.0% ARA 3.56 +2.0% WCU 0.175 +84.2% SGML 17.10 −2.3% TUF 0.730 −6.4% TNR 0.270 −3.6% GOLD 4476.60 −1.4% SILVER 66.75 −1.4% COPPER 6.68 +0.3% OIL 91.48 +0.2% PALLADIUM 1403.90 −2.5% JDN 0.230 +0.0% HVG 0.050 +0.0% AUMN 0.305 −3.2% MNRG 0.095 +0.0% SKP 0.165 +0.0% RME 0.235 +0.0% HAY 0.070 −12.5% TIGR 0.900 +0.0% BAU 0.200 −2.4% BEEP 0.215 +7.5% FOXT 0.175 +0.0% ARA 3.56 +2.0% WCU 0.175 +84.2% SGML 17.10 −2.3% TUF 0.730 −6.4% TNR 0.270 −3.6%
Drill Results Routine +

Ramp Metals Drills 0.80% Cu, 17.01 g/t Ag, 0.73% Zn over 21m in Rush-011

Ramp Metals Confirms VMS Continuity at Rottenstone SW; Shares Consolidate Near Support

Executive Summary
  • The most recent release (April 22, 2026) details specific assay results for drill hole Rush-011 at the Rottenstone SW property.
  • Key intercept includes 21 meters grading 0.80% Cu, 17.01 g/t Ag, and 0.73% Zn.
  • High-grade sub-intervals identified within the main zone (e.g., 3m @ 1.50% Cu).
  • The results confirm continuity between previously identified zones at the Rush anomaly.
  • A new, deeper mineralized zone was identified approximately 70 meters west of known mineralization trends.
  • This follows the April 15, 2026 announcement which stated all nine drill holes in the winter program intersected VMS-style mineralization.
  • Assays are pending for additional holes (Rush-012 through Rush-019) from the completed program.
Material Impact
  • The news is consistent with previous expectations set by the April 15, 2026 update regarding the completion of the winter drill program and intersection of mineralization in all holes.
  • While finding a new deeper zone is positive, it does not fundamentally alter the company's valuation thesis as no resource estimate or tonnage has been provided yet.
  • The market reaction to similar news in August 2025 was muted (price crash from $1.73 to $0.47), suggesting investors are cautious about dilution and cash burn rather than just exploration success.
  • Current price action ($0.32-$0.35 range) indicates the market has not yet priced in this specific drill result significantly, likely viewing it as incremental confirmation of existing trends.
  • The materiality is positive but routine for an exploration-stage company in the follow-up phase of a drilling campaign; it validates the project's potential without de-risking it to the point of a resource estimate.
RAMP · Price
Company Overview
  • Company Name: Ramp Metals Inc.
  • Ticker Symbols: TSXV: RAMP / OTC: RMPMF.
  • Flagship Project: Rottenstone SW (Saskatchewan).
  • Project Type: Volcanogenic Massive Sulphide (VMS) district targeting Copper-Zinc-Silver-Gold mineralization.
  • Location: ~50 km NW of Missinipe, Saskatchewan.
  • Status: Exploration stage; drilling ongoing through 2026.
  • Secondary Asset: Peter Lake Domain (PLD) - Ni-Cu-PGE exploration.
  • Land Position: Fully owned 100% interest in Rottenstone SW and PLD properties.
Read the original news release →

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