Klondike Gold (TSXV: KG) has completed its 2026 diamond drilling program, with about 12,446 meters in 60 holes testing extensions of mineralization next to the Lone Star resource, and is advancing an updated NI 43-101 Mineral Resource Estimate targeted for the first half of 2027. Assay results for the 2026 drilling remain outstanding due to high laboratory demand and the need for separate analytical methods for gold and tellurium. Cumulative 2026 royalty receipts from Armstrong Mining's placer operations at Montana Creek total 513.1 ounces of flake gold at about 82% purity through October 15, up 238.6 ounces since August 26, with roughly 440 ounces of 99.99% gold credited and held on account. The company also received $497,000 from exercises of 3,500,000 warrants and stock options through the end of October 2026.
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 10/19/2026 | 4,140.75 |
| Change that session | -0.60% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- NV Gold Confirms and Expands the Awakening and Eastern DeLong Zones at Slumber Project
- K2 Drills 83.82m of 3.40 g/t Au including 19.81m of 7.51 g/t Au at Dragonfly
K2 Gold (TSX-V: KTO) reported results from the final four holes of the first phase of drilling at the Dragonfly Zone on its 100% owned Mojave Project. Hole DF26-031, drilled from pad DF-M about 94m north of K2's 2020 high-grade intercept, cut 83.82m of 3.40 g/t Au from surface, including 48.77m of 4.98 g/t Au; the hole was abandoned due to difficult drilling conditions. Holes DF26-029 and DF26-030 validated BHP's 1997 results, returning 38.10m of 1.38 g/t Au and 100.58m of 1.01 g/t Au from surface. K2 has completed 42 holes totalling 8,013m in its fully permitted and funded 14,000m program, with 27 holes at Newmont awaiting assays, and all 15 holes reported at Dragonfly have intersected high-grade oxide gold mineralization.
- Intrepid Metals Reports Positive Gold Results from Mattie Gold Target and Provides Corral Copper Drilling Update
Intrepid Metals (TSXV: INTR) reported gold results from rock sampling at the Mattie Gold Target within its Corral Copper Project in Cochise County, Arizona, including 21.0 g/t gold and 195 g/t silver from 148 samples. Mattie lies about 3.25 km south of the Ringo Zone, and its gold is tied to hematite in limestone and other sedimentary rocks, which the company interprets as a different style from Corral's copper-gold targets. Gold-bearing samples cover an area of roughly 1,550 m by 1,100 m, with hematite alteration over more than two kilometres, and a North area has been identified for follow-up but was not sampled. Complete soil results from about 800 samples are pending, and the company also finished four holes totalling 1,725.17 m at Holliday and moved the drill to Ringo.
- Legacy Gold's First NE Zone Drill Hole Returns 6 Gold Zones, Including 1.0 g/t Gold over 74.5ft (22.7m) at Baner, Idaho
Legacy Gold Mines Ltd. (TSXV: LEGY) reported assays from core hole LG26-011, its first hole targeting the Northeast (NE) Zone under Phase 1 of its 2026 drill program at the Baner Gold Mine Property in Idaho County, Idaho. The hole returned six gold zones, led by 1.0 g/t Au over 22.7 m from 102.1 m, including 5.78 g/t Au over 0.55 m. Other intersections include 1.89 g/t Au over 2.0 m, 0.73 g/t Au over 3.0 m, 0.45 g/t Au over 4.7 m, 0.36 g/t Au over 4.75 m and 0.25 g/t Au over 14.5 m. The company says the NE Zone's grades, mineralized thicknesses and number of gold zones are similar to the Main Zone, and the mineralized zones trend northeast and dip relatively flat to the southeast. To date, 11 core holes have been drilled, and 28 of the up to 53 planned RC holes are complete.
- Lion One Reports 3,796 oz in Quarterly Gold Recovery, Delivery of LM90 Underground Drill
Lion One Metals reported preliminary results from its Tuvatu Gold Mine in Fiji for the quarter ended 30 September 2026, with 3,796 oz of gold recovered, up 15% from the prior quarter's 3,291 oz. Including 882 oz from inventory draw-down and carbon shipments, total production reached 4,678 oz, which the company described as a record quarterly gold delivery from Tuvatu. The mill processed 32,588 tonnes at a 4.3 g/t head grade and 83.8% recovery, with 95.1% mill utilization, while underground mine development totalled 1,539 m. The company recorded one lost time incident and two medical aid incidents, giving a TRIF of 1.83, its second consecutive quarterly improvement.
- Royal Road Advances Gold Exploration Target at El Alemán, GAM Project, Colombia
Royal Road reported new surface sampling and geological mapping at El Alemán, part of its GAM project in Antioquia, Colombia, returning 51 m at 1.12 g/t gold, including 20 m at 2.21 g/t, from a saw-cut channel across parallel gold-bearing veins in historical artisanal workings. Based on vein orientation, the estimated true thickness is about 49 m, including 19 m at 2.21 g/t. Structural measurements indicate the surface veins project roughly 400 m down dip toward an earlier drill intersection of 80.5 m at 1.0 g/t gold, including 18 m at 3.0 g/t, in hole ALM-DD-001. The company plans to drill test the continuity, grade and true thickness of mineralization between the surface exposures and that intersection; El Alemán lies about 500 m northwest of the Güíntar porphyry, where drilling is underway.
Related markets
Latest news
- Netflix has hit a wall — and Wall Street wants to know what's next
According to a Wall Street Journal report, Netflix has hit a wall: data from Antenna shows it added no net US subscribers in any month this year through the end of September, a claim Netflix disputes. The company has also changed content leadership, removing its head of content and film chief and naming Peter Rice, formerly of Disney and Fox, as content chief. Netflix has not disclosed subscriber numbers since 2025 and has dropped subscriber guidance, so investors are asking what its next catalysts are ahead of its earnings report after the close. The hosts also noted reports that Netflix is pursuing deals with major YouTube creators, but argued that creators may prefer YouTube's massive reach over exclusive streaming contracts.
- Parks Associates: 37% of Recent Home Security System Buyers are Renters as Apple Enters The Smart Home Market
A Parks Associates study of 8,000 US internet households finds that 37% of security system owners who bought within the past year are renters, versus 8% of those who purchased more than six years ago. Nearly one-third of recent buyers also moved during that period, making relocation an important trigger for purchases. The share of US internet households owning a security system rose from 31% in 2022 to 37%, and 36% pay for a security service. As Apple enters the market with cameras and video doorbells developed with LG and ADT handling installation, Parks analysts say providers offering affordable, easy-to-install, flexible systems will be better positioned to win renters. Professional monitoring has not been announced as part of the collaboration.
- Zelensky Lobbies US Senators to Pressure Trump
According to an Axios transcript, Ukrainian President Zelensky urged bipartisan US senators to pressure President Trump in an online meeting on Oct. 19 hosted by Republican Thom Tillis and Democrat Richard Blumenthal. He complained of disrupted weapons deliveries, satellite communications and early warnings of Russian missile attacks, arguing the administration was deliberately slowing support to push Ukraine toward a settlement with Russia. The backdrop is Trump's growing frustration over Ukraine's refusal to halt strikes on Russian oil refineries, which the White House says worsens the global diesel shortage and raises US fuel prices, as well as his Oct. 9, 2026 deal with Putin easing Russian diesel export curbs, which Ukraine condemned. Envoys Steve Witkoff and Jared Kushner reportedly warned Ukraine that US weapons and intelligence support means it should avoid attacks that hurt American consumers, which Ukrainian officials took as a threat to halt aid, though the administration denies issuing any ultimatum. Zelensky also accused War Secretary Pete Hegseth of delaying Patriot and AIM-9X missiles that NATO countries bought for Ukraine.
- Apple Schedules Launch Event For New Pro Macs Under Leadership Of John Ternus
Apple has scheduled a launch event for Oct. 28 in Los Angeles, and its invitation’s “Pro and tell” tagline points to high-end “Pro” devices with Apple’s own chips. Melius Research analyst Ben Reitzes expects new Macs, including a touchscreen notebook, though Apple has long resisted the idea of touchscreen Macs. It will be the third launch under CEO John Ternus, who took over from Tim Cook last month, and Reitzes sees the faster event pace as a meaningful shift from two events a year. Most of the Mac lineup is already refreshed, with the iMac the exception as it has not been updated since October 2024, and Macs accounted for 10% of last quarter’s revenue. Apple’s revenue reached $109.4 billion, up 16%, with Mac revenue up 29% to $10.4 billion, and the stock is up 26% this year.
- Warren Buffett's Berkshire Hathaway Compounded at More Than 19% a Year Over 6 Decades, Nearly Double the S&P 500's 10% Return. Can Investors Still Apply That Playbook Today?
The article looks at Warren Buffett's record at Berkshire Hathaway, which from 1964 to 2024 posted returns of 5,502,284%, or compounded annual growth of about 19.9%, versus 10.4% for the S&P 500 over the same six decades. The author argues that few investors can copy his exact playbook, but anyone can adopt his habits: buying companies they understand and believe in, such as Coca-Cola, holding investments for the long term, and steadily buying low-cost S&P 500 index funds rather than trying to beat the market by picking stocks.
- What could a Tesla-SpaceX merger earn? Cathie Wood's Ark Invest has a $2.7 trillion answer.
Cathie Wood's Ark Invest estimates that a combined SpaceX and Tesla could generate $3.8 trillion in sales and $2.7 trillion in operating profit by 2031, with SpaceX accounting for roughly 62% of sales and 69% of operating profit. That figure is far above current Wall Street forecasts of $43 billion in SpaceX sales and $107 billion in Tesla sales this year. Ark said Tesla's robotaxi network could help fund SpaceX's orbital data center plans, and that a merger could happen within five years. Dan Ives of Yorkville Ives put the chance of a Tesla-SpaceX merger by the end of 2027 at 80%.
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.