Northwire Canada EditionThursday, October 29, 2026
Sign inSubscribe
Northwire
⌕
Gold 4,042.80 −0.2% Silver 52.35 −2.5% Copper 6.56 −1.6% Oil 99.88 −2.8% Palladium 994.50 −1.9% FVL 0.840 −1.2% AYA 33.55 −5.0% SNAG 0.215 +0.0% GLDC 0.295 −4.8% SCZ 9.95 −5.3% VCT 0.030 +0.0% SAGA 0.310 +1.6% ICM 0.055 +0.0% CD 0.230 −6.1% RRRL 0.150 +0.0% TIGR 0.570 −6.6% FEO 0.600 +0.0% MINK 0.075 +0.0% ARTG 36.69 −3.5% HART 0.165 +3.1% GHRT 0.600 +1.7% Gold 4,042.80 −0.2% Silver 52.35 −2.5% Copper 6.56 −1.6% Oil 99.88 −2.8% Palladium 994.50 −1.9% FVL 0.840 −1.2% AYA 33.55 −5.0% SNAG 0.215 +0.0% GLDC 0.295 −4.8% SCZ 9.95 −5.3% VCT 0.030 +0.0% SAGA 0.310 +1.6% ICM 0.055 +0.0% CD 0.230 −6.1% RRRL 0.150 +0.0% TIGR 0.570 −6.6% FEO 0.600 +0.0% MINK 0.075 +0.0% ARTG 36.69 −3.5% HART 0.165 +3.1% GHRT 0.600 +1.7%
Drill Results

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.

Oct 29, 2026 · 07:31

Ramp reports final assays for its Rush deposit, revising the headline cut-off grade from 4.84% CuEq down to 1.68%.

Drill Results Sep 17, 2026 · 08:01

Ramp advances exploration logistics at Rottenstone SW through DTC eligibility and camp construction.

Financings Aug 04, 2026 · 07:31

Ramp’s Rush-019 hole hit the highest zinc grade to date in a new 250m strike Deep Zone discovery.

Drill Results 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