Northwire Canada EditionThursday, July 16, 2026
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HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.640 +0.0% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.08 −5.3% NOBL 0.100 +0.0% SHL 0.350 −1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.47 +0.4% CAM 0.330 −1.5% SYH 0.400 −1.2% LOT 0.040 +0.0% CPL 0.210 +10.5% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.640 +0.0% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.08 −5.3% NOBL 0.100 +0.0% SHL 0.350 −1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.47 +0.4% CAM 0.330 −1.5% SYH 0.400 −1.2% LOT 0.040 +0.0% CPL 0.210 +10.5%
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

By The Northwire Desk — AI Analysis Apr 22, 2026 · 08:31 RAMP · 0.32 Ramp Metals Inc.
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 →

More from Ramp Metals Inc.

May 20, 2026 · 07:31

Ramp Metals extends mineralization at Rush but the market remains comatose amid a 85% drawdown from highs; drill-bit success fails to translate to share price recovery as dilution risk looms.

Drill Results Apr 15, 2026 · 08:31

Ramp Metals Validates Rush VMS Continuity With 100% Hit Rate While Awaiting Assays

Drill Results Feb 23, 2026 · 18:41

Ramp Metals mobilizes for high-stakes winter drill program following 2025 VMS discovery and strategic pivot to gold-copper targets.

Drill Results Feb 23, 2026 · 08:31

Ramp Metals Mobilizes Drill Rig to Its Cu-Zn-Ag-Au VMS Property

Drill Results Jan 15, 2026 · 08:32

Ramp Metals stabilizes after massive retracement, shifts focus to high-impact winter drilling at Rottenstone SW

Drill Results Dec 03, 2025 · 18:20

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Drill Results