News · Yahoo Finance

NorthWest Intersects 73.9 Metres Of 1.39% CuEq, 0.51% Copper and 0.79 G/T Gold From 457 Metres, Expanding The Western Zone At Kwanika

NorthWest Copper (TSX-V: NWST) reported additional copper-gold assays from the Western Zone of its 100%-owned Kwanika project in British Columbia, highlighted by 73.9 metres grading 1.39% copper equivalent, including 25.9 metres at 2.19% CuEq anchored by 1.58 g/t gold. The three holes come from the completed 43-hole, 12,291-metre 2026 program and extended higher-grade mineralization about 50 metres up-dip while closing a geological gap in Unit 2 near current resources. Drilling below the resource also intersected primary copper-gold porphyry mineralization enriched in palladium, plus a broad low-grade structure at depth. Drill spacing was reduced to about 50 metres in targeted areas to support upgraded Indicated resources, and results from 26 remaining holes in the North Pit Extension Zone are still pending.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on Yahoo Finance ↗

Keywords

mininggoldcopperCanada

Open a keyword to see other news on the same topic.

Related tickers and likely impact

XAU/USD

• Neutral

Relevance: low

MarketGold
Close on 10/28/20264,067.54
Change that session+0.18%
XAU/USD price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • 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.

    Yahoo Finance·mininggoldcopper
  • Freeport McMoRan Q3 revenue rises as copper prices boost earnings

    Freeport-McMoRan reported third-quarter revenue of $7.55 billion, up 8.2% from a year earlier and above market expectations, as higher copper and molybdenum prices lifted earnings; operating income climbed 19% to $2.35 billion. Net income attributable to common stock rose to $1.17 billion ($0.81 a share) from $674 million ($0.46 a share), while adjusted net income, excluding after-tax charges related to idle facilities and restoration at PT Freeport Indonesia, reached $1.3 billion ($0.88 a share). The company produced 832 million pounds of copper and 234,000 ounces of gold, with average realised prices of $6.54 a pound for copper and $4,273 an ounce for gold, and average net cash costs of $2.07 a pound of copper. Operating cash flow rose to $1.98 billion from $1.69 billion, while capital expenditure increased to $1.16 billion, and the company ended September with $4.34 billion in cash and $9.4 billion in total debt. Freeport expects full-year 2026 copper sales of about 3 billion pounds and gold sales of 649,000 ounces.

    Yahoo Finance·Freeport-McMoRanminingcopper
  • Nine Mile Metals hits 7.13% copper equivalent over 11.65 metres at Wedge

    Nine Mile Metals (CSE:NINE) reported a high-grade copper-rich lens grading 7.13% copper equivalent over 11.65 metres at its Wedge VMS project in New Brunswick, with gold and silver adding significant value. Drill hole WD-26-18 also intersected 9.93% copper equivalent over 6.70 metres and 10.46% over 4.8 metres, plus a 31.5-metre upper copper stringer zone. Every sample across the 6.7-metre interval graded above 8.4% copper equivalent, with 71 to 136 grams per tonne of silver and 1.16 to 2.4 grams per tonne of gold. The company estimates silver and gold together make up roughly one-third of the in-situ value, and the results extend known mineralization along the eastern edge of the drill pattern. The stringer zone, grading 0.40% copper equivalent, is treated as an exploration target, and borehole electromagnetic surveying and follow-up drilling are planned to test the lens's extent.

    Yahoo Finance·mininggoldsilver
  • Kingfisher Mining raises $2.25M for Copper Blow

    Kingfisher Mining (ASX: KFM) has secured commitments to raise $2.25 million to fund the next phase of exploration at its Copper Blow project. The raise was priced at 7 and a half cents, a premium of a bit over 5% to the 15-day VWAP, with support from existing shareholders and new sophisticated and professional investors. Managing director Chris Bitter said recent drilling returned 26 m at 2.57% copper and 0.75 grams per ton gold, including 13 m at 4% copper and 1.2 gold. The company will test the roughly 3 km of an untested 4 km magnetic trend, where geophysical and geochemical work has identified exploration targets.

    Yahoo Finance·mininggoldcopper
  • Canadian Goldfields Commences Airborne Geophysical Survey To Advance Drill Targeting at Miminiska Gold Project

    Canadian Goldfields has begun an airborne geophysical survey covering its 6,366-hectare Miminiska Gold Project in northwestern Ontario, comprising about 1,362 line-kilometres flown at 50-metre spacing. The survey is designed to refine priority drill targets ahead of the winter drill program, complementing completed soil geochemistry and geological mapping. The company says the roughly 14 kilometre strike between the Miminiska and Frond Zones is largely untested, and the winter 2027 program will evaluate extensions of known mineralization and test new targets in that corridor. The project is supported by approximately 28,000 m of historical drilling, with multiple high-grade intercepts in the Miminiska and Frond Zones.

    Yahoo Finance·goldminingCanada
  • Midland Intersects Several New Gold-Bearing Intervals on Its Willbob Project in the Labrador Trough

    Midland Exploration (TSX-V: MD) reported diamond drilling results from its Willbob gold project in the Labrador Trough, completed this past summer with 19 holes totalling 2,994.00 metres. Highlights include hole WB-26-046, which intersected 3.53 g/t Au over 11.30 metres including 5.90 g/t Au over 6.30 metres, and hole WB-26-039, with 3.02 g/t Au over 6.45 metres at the Ferricrete area. Other notable intercepts include WB-26-040 at 3.93 g/t Au over 2.00 metres, WB-26-049 at 1.94 g/t Au over 3.45 metres, and WB-26-035 at 8.31 g/t Au over 0.50 metre in the Ants area. Assays for 15 holes are complete, while four holes (WB-26-048 to WB-26-051) have partial results with more pending.

    Yahoo Finance·goldminingCanada

Related markets

Gold →

Latest news

  • AI build-out hits snag as Google and Microsoft put off raising capex forecasts

    Microsoft and Alphabet both reported capital expenditure figures below analyst estimates. Microsoft cut its full-year capex forecast to $170 billion from $175 billion, while Alphabet held its guidance at $195–205 billion. Microsoft CFO Amy Hood said delays from third-party GPU providers will push some available capacity into the first half of 2027, and Alphabet said outside computing power came online only at the end of Q3. Shares of CoreWeave, Nebius, IREN and Oracle fell after the reports, and Alphabet dropped about 10% after hours on missed earnings and revenue and negative free cash flow of more than $9 billion. Hyperscaler capex is still expected to top $1 trillion next year, and Cantor raised its one-year price target on Microsoft to $630 from $608.

    CNBC·▼ NVDA▼ GOOGL▼ MSFTAI investmentdata centersNVDA
  • Telesign Partners With Microsoft to Become Key Authentication Provider

    Telesign, a Proximus Global company, is expanding its collaboration with Microsoft to become a key authentication provider on the Microsoft Security Store, offering SMS and voice verification. The move comes as Microsoft shifts toward passkeys as its default authentication method. Customers that want to keep using SMS, one-time passwords or voice authentication in Microsoft Entra ID must select a third-party provider through the store before 1 February 2027. The offering can be bought directly through the store and billed on existing Azure invoices, building on a 13-year relationship between the two companies.

    Yahoo Finance·MSFTsoftwarecybersecurity
  • Treasury Sanctions 11 Over North Korean IT Worker Scheme That Moved Millions in Crypto

    The U.S. Treasury's OFAC sanctioned 10 individuals and one entity over North Korean-run IT worker schemes that defraud U.S. businesses and fund weapons programs. Treasury said Russian nationals Ilya Boykov and Vitold Obertas converted millions of dollars in crypto for North Korean networks, with Boykov handling the equivalent of $3.5 million since 2024 for the company Alis. The sanctioned First Financial and Technical Development Center, based in Vladivostok, Russia, reportedly uses AI tools and complex crypto transfers to generate revenue. The sanctions listings include Ethereum and Tron addresses, and one Ethereum address is tied to both Russian men.

    Decrypt·sanctionscryptoNorth Korea
  • Trade turnover tops $1,000 billion for the first time

    Vietnam's total goods trade reached about $1,001 billion as of October 29, according to the Customs Department, the first time it has passed the $1,000 billion mark. Exports were about $493 billion (up 27.2%) and imports nearly $508 billion (up 37.6%), leaving a trade deficit of about $14.02 billion. Foreign-invested enterprises drove growth with about $778 billion in trade (up 37%), while domestic firms reached about $223 billion (up 16%). Customs expects full-year exports to rise more than 25%, above the government's 15–16% target, while the Ministry of Industry and Trade's draft strategy to 2030 sets export growth of 15–16% a year.

    VnExpress·▲ VNINDEXexportsVietnamtrade balance
  • Software Stocks Are Getting Crushed Again After Hours

    Fortinet and ServiceNow both beat revenue estimates after the close on October 28, 2026, yet their shares fell sharply: Fortinet dropped 25.71% after hours to $129.33 and ServiceNow fell 18.13% to $122.91, dragging many software and cybersecurity stocks lower. Fortinet's adjusted EPS of $0.91 beat the $0.86 consensus, but services revenue grew only 13% to $1.31 billion, prompting a cut to its full-year service revenue forecast and slowing total revenue growth to 20% from 26%. ServiceNow's revenue rose 20.5% to $4.106 billion, but adjusted EPS of $1.00 missed the $1.02 consensus, and its guidance for December-quarter cRPO growth of 18.5% was below the 21% in the September quarter. The article calls this the second major software selloff of 2026.

    Yahoo Finance·▼ MSFTsoftwarecybersecurityearnings
  • 3 Glorious Growth Stocks to Buy Hand Over Fist If the Stock Market Crashes

    The author notes the S&P 500 hit a fresh record earlier this month while volatility rises over doubts about AI infrastructure spending, and argues a downturn could present an opportunity. Elon Musk predicted that over 200 neoclouds, such as CoreWeave, might not survive as funding dries up for firms without revenue independent of AI data centers. The article highlights CrowdStrike, whose annual recurring revenue rose 25% to $5.84 billion in its fiscal 2027 second quarter, though its 49.1 price-to-sales ratio is the highest in cybersecurity. Atlassian, with a price-to-sales ratio of 9 against a 10-year average of 18.3, is cited for AI agents grounded in its ecosystem using 48% fewer tokens and producing answers 44% more accurate. Nvidia is named as likely more exposed than any other company to a slowdown in AI infrastructure spending.

    Yahoo Finance·S&P 500valuationgrowth stocks

All news →

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.