The

Metals Playbook

What happened · why it matters · what to watch

Junior mining news, translated for people who don't speak assay table.

Every story on this site is one page: a standardized sidebar with the facts that matter — the people, the project, the plan — and a plain-English read on why the market cares. Free, public-source, always disclosed.

Latest from the playbook

Economic study

gold · Sep 4, 2026

Getchell files a billion-dollar PEA at Fondaway Canyon

A first economic study pins a $905M post-tax NPV on a Nevada gold project — built on a $3,200 gold price and a lot of Inferred rock.

Getchell Gold Corp. · GTCH.CN

Economic study

uranium · Sep 4, 2026

Laramide files the paperwork behind its Westmoreland uranium plan

The NI 43-101 report backs a PEA disclosed in July with no material changes. The gate is still a Queensland policy that hasn't moved.

Laramide Resources Ltd. · LAM.TO

Drill results

copper · Sep 4, 2026

Mogotes wraps its Filo Sur season and books two new porphyry targets

The Luz del Sol assays we were waiting on are in — thin. The company now points to 20,000 metres of drilling for 2026–2027.

Mogotes Metals Inc. · MOG.V

Drill results

silver · Sep 3, 2026

Bonanza silver in hole 432 at Langis, and a wider story beneath

Brixton drills 6,199 g/t silver over 1.00 m in the Cobalt camp — but the real signal is the broad, moderate-grade rock flanking the veins.

Brixton Metals Corporation · BBB.V

Drill results

copper · Sep 3, 2026

A different kind of hole at Moby Dick: wide, but thin-tenor

Pirate Gold drills 299.4m of copper-gold — the width is real, the grade is low, and the stock kept sliding while copper rose.

Pirate Gold Corp · YARR.V

Drill results

copper · Sep 3, 2026

Palmer VMS returns 49.2 m of 4.7% copper-equivalent in Alaska

Two holes confirm a thick, high-grade copper-zinc core and extend it deeper — from a project Vizsla acquired in December 2025.

Vizsla Copper · VCU.V

Drill results

rare earths · Sep 3, 2026

Volta drills 275 m below its Springer pit — and grade grows going down

Two holes at the Ontario rare-earth project stayed mineralized over their full ~400-metre lengths, and the stock is up 72% while the sector fell.

Volta · VLTA.CN

Operations

other · Sep 3, 2026

Western Resources heads to court as TSX weighs delisting

The potash developer is under creditor protection, its stock frozen at four cents, while a judge oversees a hunt for a buyer of the Milestone project.

Western Resources Corp. · WRX.TO

Drill results

gold · Sep 2, 2026

Mirado West step-out doubles Kirkland Lake footprint to 1,300 m

A broad near-surface hole extends gold 600 m west in a proven camp — while the stock sank as the junior gold index rallied.

Kirkland Lake Discoveries · KLDC.V

Drill results

hydrogen · Sep 2, 2026

QIMC hits record 30% natural hydrogen at Bennett Hill

A single Nova Scotia hole read 30% hydrogen in circulating drill mud and set off gas alarms — while the stock ran against a falling peer index.

Quebec Innovative Materials Corp. (QIMC) · QIMC.CN

Drill results

gold · Sep 2, 2026

Scorpio Gold steps out 50 metres at Goldwedge — and finds more gold

Two step-out holes at Manhattan, Nevada extend the Reliance Fault system: 3.02 g/t over 48.92 m and a wide 1.19 g/t over 99.94 m.

Scorpio Gold Corp · SGLD.V

Economic study

copper · Sep 1, 2026

DLP puts a number on Aurora: $2.7B NPV, and a moly project in disguise

The Peru copper-moly project gets its first economic study — big scale, thin returns, and revenue riding on one volatile metal.

DLP Resources Inc. · DLP.V

M&A

copper · Sep 1, 2026

Independent expert stands by its yes on the Cygnus takeover

Grant Thornton says fresh financials don't change its view: Central Asia Metals' A$232 million all-share bid for Cygnus is fair and reasonable.

Cygnus Metals Ltd · CYG.V

Drill results

uranium · Sep 1, 2026

Geiger's first hole at Fox Zone lights up the scintillometer

A greenfield hole on the same fault as Orano's 133-Mlb Kiggavik hit ~50 m of radioactivity — but no assays yet.

Geiger · BEEP.V

Financing

antimony · Sep 1, 2026

NSJ upsizes flow-through raise for its New Brunswick antimony ground

A financing, not a discovery: NSJ lifts its flow-through target to C$2,625,000 while the stock runs up 267% on soil anomalies and nearology.

NSJ Gold Corp. · NSJ.CN

M&A

uranium · Sep 1, 2026

PTX spins its uranium project into a new listing, keeps a 28.46% stake

Marshall goes into Green Canada Uranium Corp.; PTX retains a 28.46% stake and refocuses on Ontario copper-nickel-PGE and gold.

PTX Metals · PTX.V

Drill results

copper · Sep 1, 2026

Stakeholder drills 498 metres at Loki — grades tell a quieter story

One long hole in the Yukon confirms a fertile intrusion, but the copper and PGE numbers read in ppm and ppb, not percent.

Stakeholder · SRC.V

IR/marketing

gold · Sep 1, 2026

West Point drills out at Gold Chain, waits on resource

The Arizona explorer finished a 21,079-metre program and is compiling toward a first resource. The stock is up 19.3% while gold slipped.

West Point Gold · WPG.V

Drill results

rare earths · Aug 31, 2026

Defense Metals drills 65 m at 2.86% TREO inside Wicheeda pit

Infill holes near Prince George intersected 65 metres of rare earths, with a 20-metre core running double the deposit's usual grade.

Defense Metals · DEFN.V

Drill results

gold · Aug 31, 2026

Deeper drilling extends Spyglass to 330 meters at Dryden Gold

Four holes hit visible gold where the model said they would, roughly doubling the interpreted footprint of the Spyglass zone.

Dryden Gold · DRY.V

Economic study

gold · Aug 31, 2026

Fredonia puts numbers on El Dorado Monserrat gold

A preliminary study pins EDM at US$1.49B NPV10 and 65% IRR — on aggressive prices, preliminary metallurgy, and a third Inferred rock.

Fredonia Mining Inc. · FRED.V

Drill results

gold · Aug 31, 2026

Gold in all seven holes at Stavaträsk — and the vein runs deeper

Hannan's maiden drill program hit gold across 650 metres of strike in Sweden, with the two deepest holes confirming the system continues down-dip.

Hannan Metals · HAN.V

Financing

gold · Aug 31, 2026

Sprott writes Cerrado Gold a C$10M cheque

A private placement, not a drill hole — mining investor Eric Sprott buys four million units at C$2.50 apiece.

Cerrado Gold Inc. · CERT.V

M&A

gold · Aug 31, 2026

Sterling closes QcX deal, adds gold ground to a copper story

An all-share acquisition consolidates 35,000+ hectares across three belts — land and location, no new drill numbers yet.

Sterling Metals Corp. · SAG.V

M&A

uranium · Aug 30, 2026

Energy Fuels closes ASM deal, adds Korean rare-earth metal plant

The US$299M acquisition hands Energy Fuels an operating metal-and-alloy plant in South Korea and a rare-earth project in Australia.

Energy Fuels · EFR.TO

M&A

gold · Aug 30, 2026

Inventus buys a historic high-grade gold mine 14 km from Pardo

An all-paper deal adds a past-producing mine with strong historic numbers — none of them yet confirmed by Inventus.

Inventus Mining Corp · IVS.V

Resource estimate

silver · Aug 30, 2026

Santo Domingo gets a new resource number — smaller than the old one

Silver Hammer and Stroud publish an updated silver-gold count: about 20 million ounces of silver-equivalent, down from a 2017 figure.

Silver Hammer Mining Corp. · HAMR.CN

Financing

copper · Aug 30, 2026

Washington buys into Trilogy's Alaska copper play

The U.S. Department of War signs off on a US$35.6 million stake to advance the Ambler district's copper — governance strings attached.

Trilogy Metals · TMQ.TO

Financing

copper · Aug 28, 2026

McEwen Copper lands US$240M loan to push Los Azules toward decision

A high-cost bridge loan carries the Argentine copper project toward a mid-2027 investment decision — but the full ~US$4B still isn't assembled.

McEwen Inc. · MUX.TO

Drill results

gold · Aug 28, 2026

Pirate Gold hits 30.6 g/t at Moosehead and finds a new fault

Two grade-rich holes and a fresh gold structure — Caribou — at the Newfoundland project run by the New Found Gold alumni.

Pirate Gold Corp. · YARR.V

Financing

copper · Aug 28, 2026

Rio Tinto buys into Mogotes and its frontier Vicuña ground

A major has put US$15M and its geoscience toolkit into an exploration-stage porphyry company on the Argentina–Chile border, forming a technical alliance on the Filo Sur project.

Mogotes Metals Inc. · MOG.V

Financing

gold · Aug 28, 2026

AngloGold nearly doubles its Thesis stake in C$58.5M raise

A major gold producer topped up to 9.7% while Thesis banked cash for a 20,000-metre drill campaign in BC's Toodoggone district.

Thesis Gold & Silver · TAU.V

IR/marketing

gold · Aug 28, 2026

West Point closes its drill program at Gold Chain — resource next

The 21,079-metre program is done, a maiden resource is due late Q3 or early Q4, and the founder-CEO has handed off the reins.

West Point Gold · WPG.V

M&A

gold · Aug 28, 2026

White Gold clears court for W2 spin-out, upsizes raise to $10M

A Yukon gold explorer splits off its critical-minerals unit, tweaks its PEA math, and drills 11,500 metres with assays still pending.

White Gold Corp. · WGO.V

Drill results

copper · Aug 27, 2026

Copper Giant drills 771 metres in one hole at Mocoa

A long, low-grade copper-molybdenum intercept extends the Colombian porphyry southeast and at depth — width and formula still unverified.

Copper Giant · CGNT.V

Drill results

copper · Aug 27, 2026

Massive sulphide hits at Mary March, and the market noticed

Canstar's first Mary March drilling since 2019 cut 15.6 m of massive sulphide at 2.3% CuEq — its widest ever, ~100 m along strike from the 1999 discovery hole.

Canstar Resources Inc. · ROX.V

Drill results

gold · Aug 27, 2026

High-grade gold, shallow and narrow, at Imwelo's Area C

Two of eight holes hit 28.71 g/t and 12.20 g/t near surface. Four hit old artisanal voids. This is grade control, not discovery.

Lake Victoria Gold Ltd. · LVG.V

Drill results

copper · Aug 27, 2026

Wedge hole 10 hits 31.95m of 2.52% copper-equivalent

A step-out drill hole at a historic New Brunswick camp lands a wide massive-sulphide zone, but the stock sat out a strong copper rally.

Nine Mile Metals Ltd. · NINE.CN

Drill results

rare earths · Aug 27, 2026

Crater Lake drilling confirms the scandium is where the model said

Scandium Canada hits 124.9 m at 232 ppm scandium oxide from near surface, and maps a ~3 km magnetic corridor to chase next.

Scandium Canada · SCD.V

Financing

copper · Aug 27, 2026

Viridian raises up to $1.0M as Kraken assays stay pending

A $0.45 unit placement funds the drill program and an IR budget, while the stock has moved sharply ahead of any assay numbers.

Viridian Metals Inc. · VRDN.CN

Drill results

copper · Aug 26, 2026

ATEX extends B2B breccia 200m south; hole ends in 1.72% CuEq

Final Phase VI assays stretch the high-grade copper breccia to about 600m of strike, still open south and at depth. The stock sat out the copper rally.

ATEX Resources Inc. · ATX.TO

Drill results

gold · Jul 9, 2026

High-grade steps out at Northeast Tyro — and the market is paying attention

West Point Gold's latest Arizona drill holes stretch a high-grade zone past 400 metres while the stock shrugs off a 25% sector drawdown.

West Point Gold · WPG.V

Drill results

gold · Jun 18, 2026

A step-out west of N2's A-Zone finds gold where no one had drilled

Formation Metals extended its Quebec gold zone 200 metres into untested ground, returning 1.05 g/t over 31 metres — with the drill program fully funded through a maiden resource due in Q3.

Formation Metals · FOMO.CN

Economic study

copper · Jun 15, 2026

A billion-tonne BC copper deposit gets its first reserve — and a price tag with strings attached

Surge Copper's Berg pre-feasibility study defines a 28-year mine and a maiden reserve of 5.8 billion pounds of copper, alongside economics that lean heavily on the company's long-term price assumptions.

Surge Copper · SURG.V

Drill results

gold · Mar 12, 2026

The highest-grade hole Cabral has ever drilled — and it's not in the resource yet

Cabral Gold's DDH372 at Jerimum Cima returned 9.5 metres of 87.4 g/t gold, a result the company says is unlike anything in the district's nine known deposits and discoveries.

Cabral Gold · CBR.V