Northwire Canada EditionSaturday, August 1, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Supply Chain Safety: Western Powers Race for Domestic Mineral Sovereignty

GOH · Price

Executive Summary

  • GoldHaven Resources reported high‑grade tungsten (up to 6,550 ppm W), silver (2,370 g/t), lead (>20 %), zinc (3.8 %) and indium (334 ppm) from its 2025 surface program at the Magno Property in BC, confirming a large intrusion‑related mineral system.
  • GoldHaven also completed its first diamond drill campaign at the Copeçal Gold Project in Brazil (9 holes, 1,086 m) discovering bornite indicative of a gold‑copper system, and reported surface copper grades up to 15.85 % at Three Guardsmen.
  • Hercules Metals announced significant copper–silver intercepts at its Leviathan porphyry system in Idaho (420 m @ 0.60 % Cu & 6 g/t Ag; 113 m @ 1.38 % Cu & 14 g/t Ag) and secured a 2026 drilling contract with Dorado Drilling USA.
  • Kodiak Copper filed an NI 43‑101 report for its MPD copper‑gold project, estimating 82.9 Mt of indicated resources at 0.39 % CuEq (519 M lb Cu, 0.39 Moz Au) and 356.3 Mt inferred at 0.32 % CuEq.
  • Abitibi Metals disclosed a high‑grade copper‑gold intercept from its Phase 3 drill program at the B26 deposit in Québec (12.83 % CuEq over 5 m; 3.59 % CuEq over 19 m) and outlined a forthcoming 40,000‑m Phase 4 campaign.

Key Details

  • GoldHaven – Magno Property (BC):
  • Surface program identified new tungsten zone at Vines Lake showing; assays up to 6,550 ppm W.
  • Silver grades up to 2,370 g/t, lead > 20 %, zinc 3.8 %, indium 334 ppm from 357 samples.
  • 45 samples returned > 100 g/t Ag.

  • GoldHaven – Copeçal Gold Project (Brazil):

  • Inaugural diamond drilling: 9 holes, 1,085.7 m total depth.
  • Discovered bornite mineralization suggesting a gold‑copper system.

  • GoldHaven – Three Guardsmen Project:

  • Surface sampling returned copper grades up to 15.85 % Cu.

  • Hercules Metals – Leviathan Porphyry (Idaho):

  • Intercept 420 m @ 0.60 % Cu, 6 g/t Ag; includes 113 m @ 1.38 % Cu, 14 g/t Ag.
  • Noted increase in copper and molybdenum grades within a magnetotelluric conductor.
  • Signed 2026 drilling contract with Dorado Drilling USA; planning order‑of‑magnitude study before maiden resource estimate.

  • Kodiak Copper – MPD Project (BC):

  • NI 43‑101 indicated resources: 82.9 Mt, 0.39 % CuEq519 M lb Cu, 0.39 Moz Au across seven zones.
  • Inferred resources: 356.3 Mt, 0.32 % CuEq1.889 B lb Cu, 1.28 Moz Au.
  • Resource pits remain open; drilling planned throughout 2026 for growth.

  • Abitibi Metals – B26 Polymetallic Deposit (Québec):

  • Phase 3 drill hole 1274‑17‑269W6: 12.83 % CuEq (6.15 % Cu, 7.93 g/t Au) over 5 m, within a broader 3.59 % CuEq over 19 m starting at 913 m depth.
  • Phase 3 total: 24,544 m across 40 holes, extending mineralization down‑plunge by ~250 m.
  • Holds 50 % interest; option to earn additional 30 %; two rigs active, third to start Feb 2026 for a planned 40,000 m drill campaign.

Notable Quotes

  • “These results represent a meaningful step forward in defining Magno as a large, zoned, intrusion‑related mineral system,” – Robert Birmingham, President & CEO, GoldHaven Resources.
  • “The latest results demonstrate continued expansion of the high‑grade hypogene enrichment at Leviathan…” – Dillon Hume, Vice President Exploration, Hercules Metals.
  • “These Phase 3 results provide confirmation of the strength, continuity, and scale of the high‑grade Western Down‑Plunge extension at B26,” – Jonathon Deluce, CEO, Abitibi Metals.
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