Gold Strike Resources Corp. (TSXV: GSR) reported assays from drill hole 26F-01, the first hole of its 11-hole 2026 program at the 100%-owned Florin Gold Project in Yukon. The hole returned 400 metres grading 0.53 g/t Au from 15 m, including 50 m at 1.07 g/t Au from 236 m, with individual 1-metre samples of 11.5 g/t and 10.4 g/t Au. Three deeper intervals, 32 m at 0.23 g/t Au, 50 m at 0.27 g/t Au and 39 m at 0.22 g/t Au, indicate gold mineralization at depths not previously tested by historical drilling. The company said the results support continuity of mineralization within the existing resource footprint, with assays still pending for ten additional holes. Seven holes were designed to expand or define the resource and four to test exploration targets.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/21/2026 | 4,141.17 |
| Change that session | +0.39% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- ProAm Expands Golden Ridge Property to Cover More than 13 Kilometres of a Prospective Gold-Hosting Structural Corridor
ProAm Explorations (CSE: PMX) has staked over 10 square kilometres of additional ground at its Golden Ridge Gold Project in western New Brunswick, extending its land position to more than 13 kilometres along an untested structural corridor. The Kirkland claim group includes a 300-by-100-metre zone of sericite-carbonate alteration similar to that at the Poplar Mountain gold occurrence, plus historical geophysical anomalies yet to be tested. Drawing on a 2023 study that interprets a deep-seated intrusion as a source of mineralizing fluids at Poplar Mountain, ProAm aims to find additional mineralized centres along the crustal-scale Woodstock Fault. The new 1,077-hectare claim, 12691, is contiguous with the existing project. A New Brunswick Government regional airborne survey is expected to be publicly released in October.
- Canagold Drills 69.8 g/t Gold (Au) over 2.6m; Within 4.64m Averaging 52.8 g/t Au and 0.83% Antimony (Sb)
Canagold Resources reported assays from three more holes (NP26-07, NP26-08 and NP26-09) in its recently completed 14-hole, 7,277 m infill and expansion program at the 100%-owned New Polaris Gold Project in northwestern British Columbia. Hole NP26-08 returned 52.8 g/t gold and 0.83% antimony over 4.64 m from 503 m, including 69.8 g/t gold over 2.64 m, while NP26-07 intersected 24.6 g/t gold over 7.33 m from 458.5 m. CEO Catalin Kilofliski said most of these high-grade intervals are not included in the current mineral resource model or mine plan, pointing to significant potential for resource expansion. The company believes the high-grade gold and antimony mineralization may be substantially greater than previously understood.
- Kodiak Commences Additional Metallurgical Testing Focused on Flowsheet Development & Optimization
Kodiak Copper Corp. (TSXV: KDK) has started an additional metallurgical testwork program on its 100%-owned MPD copper-gold porphyry project in southern British Columbia, aimed at flowsheet development and optimization. The program uses four composite samples representing all seven deposits in the MPD Mineral Resource Estimate, covering the Southern Area (South, West and Adit), Northern Area (Man and Dillard), Ketchan and Gate. Testing will cover mineralogy, comminution, gold gravity testwork, flotation optimization, locked cycle testing and concentrate quality, with laboratory work done by Blue Coast Research in Parksville under the supervision of Fuse Advisors. Results are expected in Q1 2027, ahead of a planned resource update in early 2027.
- Auriginal Reports Updated NI 43-101 Mineral Resource Estimate at Roger: Nearly 1.40 Million Ounces of Gold Inferred at 0.54 g/t Gold - Zone Open to Resource Expansion
Auriginal Mining Corp. (TSXV: AUME) reported an updated NI 43-101 Mineral Resource Estimate for the Roger gold-copper porphyry deposit in Quebec's Chibougamau district, with an effective date of September 13, 2026. The Roger Zone now hosts an Inferred Mineral Resource of 80.5 million tonnes grading 0.54 g/t Au, containing 1,394,000 oz of gold, 1,046,000 oz of silver and 70.6 million lb of copper, compared with 159,000 oz of Inferred and 297,000 oz of Indicated gold in the 2018 historical estimate prepared for a previous operator. The company attributes the increase to a revised three-dimensional interpretation of the deposit, a modern compiled drill database, a lower cut-off grade and current metal prices. Its 2026 drilling of 14,875 metres in 25 holes extended mineralization 700 m southwest, 400 m northeast and over 150 m at depth, and the next resource update is targeted for Q2 2027.
- IAMGOLD Provides Update on Côté Gold Mine Operations Ahead of Mine Tour
- NorthWest Intersects 110.0 Metres of 1.86% CuEq, 0.64% Copper and 1.10 g/t Gold in the Western Zone at Kwanika from 378 Metres
NorthWest Copper (TSX-V: NWST) reported assays from three more drill holes in the Western Zone of its 100%-owned Kwanika project in British Columbia, part of a 2026 program of 43 holes totalling 12,291 metres. Hole K-26-346 intersected 110.0 metres (estimated true width 84.3 metres) grading 0.64% copper and 1.10 g/t gold (1.86% CuEq), including 39.8 metres at 2.53% CuEq and 16.1 metres at 4.37% CuEq. The drilling also found a new mineralized structure above known zones, grading 1.07% CuEq over 30 metres, and extended the current zone 25 metres up-dip. Hole spacing was reduced to about 50 metres to support higher resource classification, and results have now been reported from 14 of the 43 holes.
Related markets
Latest news
- Apple's $1,999 iPhone Duo hits stores Friday amid limited supplies
Apple's first foldable smartphone, the iPhone Duo, goes on sale Friday at a starting price of $1,999, but supply is tight. Pre-orders sold out almost immediately and delivery times now stretch into late January, while Apple Stores have only limited units for walk-in customers. Scalpers are reselling the phone on sites like eBay for more than $4,000. The iPhone generated $209.58 billion of Apple's $416.16 billion revenue in 2025, well ahead of Services at $109.15 billion.
- Could California's billionaire tax hit Mark Zuckerberg?
Hosts Julie Hyman, Pras Subramanian and Jake Conley discuss California's proposed one-time 5% billionaire wealth tax and its possible impact on Meta CEO Mark Zuckerberg. They note the tax has not passed, but say the uncertainty appears to be weighing on Meta shares. Based on the company's filings, the panel describes how Zuckerberg raised the possibility of leaving California and how the board moved to address it, which they see as evidence the board is not disinterested. They also acknowledge the argument that Zuckerberg's central role in Meta's AI efforts makes his departure a stability risk, while pointing out that Sergey Brin has left California.
- Spotify Jumps 10% as Premium Subscriber Growth Tops Forecasts; Sirius XM Stays Put
Spotify shares rose about 10% to $579.49 after the company reported Q3 2026 Premium subscribers of 306 million, 1 million above its guidance, with 6 million net additions and growth in every region. Management guided to 316 million subscribers and €820 million in operating income for Q4, and credited audiobooks with lifting acquisition and retention. Revenue rose 16.3% to $5.58 billion, but GAAP diluted EPS of $2.79 missed the $2.85 consensus due to higher share-based compensation charges, and operating expenses grew 26%. Sirius XM was roughly flat at $26.85, down 0.4%, reflecting different business models: Spotify relies mainly on streaming subscriptions, while Sirius XM sells radio subscriptions largely through vehicles.
- American Airlines Sinks 4% as Fuel Costs Push Outlook to Full-Year Loss; Delta and United Airlines Drop 3%
American Airlines fell about 4% to $11.72 after reporting record Q3 2026 revenue of $16.34 billion and an adjusted loss of $0.28 per share, smaller than the $0.33 expected. Its outlook worsened, with a full-year adjusted loss now forecast at $1 to $1.60 per share, replacing July guidance that ranged from a $0.65 loss to a $0.65 profit. The Q4 plan assumes jet fuel at $4.70 a gallon, after Q3 jet fuel costs rose 67.5% to $4.63 billion as the average price climbed to $3.85 from $2.37. Premium revenue grew 22.9% and managed corporate sales 27.6%, but the airline carries $29.6 billion in debt and finance leases against a $4.2 billion stockholders' equity deficit. Delta and United Airlines, exposed to the same fuel market, fell about 3%.
- DeepSeek Completes Nearly $15 Billion Funding Round, Largest Ever in China
Chinese AI startup DeepSeek is finalizing a funding round of about 100 billion yuan (US$14.98 billion) from existing and new investors, including Tencent and CATL, according to Reuters citing sources. The round values the company at 500 billion yuan (about $74.9 billion) before the new capital, and its size is double the initial target of 50 billion yuan. Other participants include Midea, Meituan, Geely and GigaDevice, with more than 15 investors in total. The terms and investor list are not final and the deal is expected to close within days, while DeepSeek, CATL and Tencent have not commented. The move follows DeepSeek's hiring of CITIC Securities in September to prepare a potential IPO on China's STAR Market.
- Tesla and SpaceX Held On to All 30,221 Bitcoin in Q3. Is Elon Musk Still Bullish on BTC?
As of September 30, Tesla and SpaceX together held all 30,221 Bitcoin, worth about $2.53 billion, without buying or selling any coins in Q3 2026. Tesla holds 11,509 BTC ($962 million) and SpaceX holds 18,712 BTC (about $1.57 billion). Tesla reported net income of $787 million, down 42.7% from a year earlier, and a roughly $290 million Bitcoin mark-to-market gain on its books accounted for more than a third of that figure. Bitcoin later fell back to about $81,881, roughly 35% below its October 2025 all-time high of $126,080. The article says Tesla's unchanged holdings since 2022 point to inertia rather than renewed conviction, and neither company has announced plans to buy or sell.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.