Northwire Canada EditionSaturday, October 24, 2026
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GOLD 4007.90 −1.3% SILVER 53.95 −1.9% COPPER 6.51 +1.7% OIL 103.27 +3.8% PALLADIUM 1051.50 −0.5% ALGR 0.600 +1.7% IFOS 2.01 −1.0% SGML 10.71 +2.4% AGI 41.99 −1.0% GFG 0.175 +9.4% NIM 0.560 −1.8% AFM 1.28 −8.6% TI 2.69 +0.4% FEO 0.630 +3.3% MSA 8.51 +0.6% SSV 0.395 +1.9% CGD 1.30 +0.0% EQTY 0.085 +0.0% SXL 0.060 +0.0% MOG 0.445 −1.1% FCI 0.510 −7.3% GOLD 4007.90 −1.3% SILVER 53.95 −1.9% COPPER 6.51 +1.7% OIL 103.27 +3.8% PALLADIUM 1051.50 −0.5% ALGR 0.600 +1.7% IFOS 2.01 −1.0% SGML 10.71 +2.4% AGI 41.99 −1.0% GFG 0.175 +9.4% NIM 0.560 −1.8% AFM 1.28 −8.6% TI 2.69 +0.4% FEO 0.630 +3.3% MSA 8.51 +0.6% SSV 0.395 +1.9% CGD 1.30 +0.0% EQTY 0.085 +0.0% SXL 0.060 +0.0% MOG 0.445 −1.1% FCI 0.510 −7.3%
Drill Results

Kinross Gold Completes Expanded Soil Geochemistry Survey at Riley Gold's PWC Project (Cortez District - Nevada), Expanding the Strike Length of the Existing Gold Anomaly by 2km

Kinross-backed Nevada explorer expands footprint as deep Carlin-type targets gain geological validation

By The Northwire Desk — AI Analysis Feb 26, 2026 · 07:31 RLYG · 0.29 Riley Gold Corp.
Executive Summary

The most recent news (February 26, 2026) announces the completion of an expanded soil geochemistry survey at the Pipeline West/Clipper (PWC) project in Nevada, operated by partner Kinross Gold. The survey identified an additional 2 km strike length of anomalous gold, bringing the total strike length to 6 km. Critically, the survey confirmed the presence of Carlin-type pathfinder elements (Arsenic and Mercury). This follows the November 2024/2025 drilling results which, while low grade (best intercept 1.33 g/t Au over 4.26m), confirmed the presence of Carlin-type hydrothermal fluids and favorable lower-plate carbonate host rocks at depth. Kinross is now moving into a 2026 program involving seismic surveys and further framework drilling.

Material Impact

The news is Routine - Positive. While the expansion of the soil anomaly to 6 km is a significant technical success, it remains a surface expression of a very deep target (1,000m+). - Validation: It confirms that the "plumbing" for a large gold system exists, but it does not yet constitute a discovery of economic mineralization. - Expectations: This is in line with the multi-year earn-in strategy. Kinross is systematically de-risking the project. - Comparison: Previous drilling (Hole PW25-03) showed a massive 149m interval of 0.09 g/t Au. This proves the system is large but needs a high-grade "trap" or core which has not yet been found. - Strategic Shift: The company recently terminated its Tokop Gold Project to focus entirely on PWC and preserve cash, a prudent move for a junior in a difficult market.

RLYG · Price
Company Overview

Riley Gold is a Nevada-focused explorer. Its flagship is the Pipeline West/Clipper (PWC) Project, spanning ~25 sq km in the heart of the Cortez District. It is adjacent to Nevada Gold Mines’ (Barrick/Newmont) Pipeline/Cortez complex. The project is under a 75% earn-in agreement with Kinross Gold, who must spend $20 million USD to earn their stake. The target is a deep, multi-million ounce Carlin-type deposit analogous to the Pipeline or Fourmile deposits.

Read the original news release →

More from Riley Gold Corp.

Aug 12, 2026 · 07:31

Riley begins 2026 drilling at the PWC project, though dilution and exploration risks remain a concern for the operation.

Drill Results Jul 14, 2026 · 07:31

Kinross drill planning is on track, but execution risk remains high for its early-stage Nevada asset.

Drill Results May 01, 2026 · 07:31

Riley Gold Files Technical Report on Nevada Project Following Kinross Drilling Success

Technical Study Apr 06, 2026 · 07:31

Gold explorer advancing the Pipeline West/Clipper project in Nevada

Financings Mar 18, 2026 · 17:23

Riley prepares for exploration at Pipeline West/Clipper

Drill Results Mar 18, 2026 · 07:31

Kinross-backed Nevada explorer moves to permit 500 drill sites as Carlin-type signatures expand at PWC.

Drill Results