Trifecta Gold reported 2026 drilling results from its Rye Project in Yukon, completing 1,852 m across six holes. Hole RY-26-07 cut a gold zone from 256.03 m to 296.00 m, with every sample at 0.1 g/t gold or more, and RY-26-11 intersected 1.02 m grading 0.19 g/t gold. The company said it will shift its focus to other prospects in its recently acquired portfolio. Holes RY-26-10 and RY-26-12 returned no significant results.
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 10/28/2026 | 4,067.54 |
| Change that session | +0.18% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Quimbaya Gold Expands Tahami Land Position by 37% to 43,496 Hectares
Quimbaya Gold says the land position at its Tahami Project in Antioquia, Colombia grew about 37% during 2026, from 31,650 hectares to 43,496 hectares, after it added ten mineral applications covering 11,845.6 hectares. Tahami lies immediately adjacent to Aris Mining's Segovia operation, which the CEO says produces approximately 250,000 ounces of gold yearly. The company notes that securing new tenure in Antioquia is slow and competitive, and that it added the ground over months while running two drill programs. Phase 2 drilling is underway on high-grade silver and gold vein targets at Tahami South, and assay results for the remaining Phase 1 holes at Tahami Center are expected in December 2026. The release stresses that mineral applications are not granted mining titles and that no assurance can be given that any application will be approved.
- Airborne Magnetic Survey Generates 22 Priority Gold Exploration Targets
GoldCoast Resource Corp. reports completing an airborne magnetic survey over its entire 10,000 km² offshore licence area on Ghana's shallow continental shelf, with about 60,000 line kilometres flown between May 4 and August 22, 2026. The interpretation identified 22 significant magnetic anomalies, considered high-priority gold targets linked to paleo-river channels, paleo-shorelines and structurally controlled sediment traps. Two source-to-sink placer systems were defined: the Tano-Ankobra system in Block 1 and the Pra River and eastern river systems in Block 2, each containing all four elements needed for a placer gold deposit. A further infill survey over Target A, about 500 km² at the Ankobra River mouth, is being interpreted, with results due in Q4 2026. A Phase II marine program using multibeam bathymetry, side-scan sonar, sub-bottom profiling and vibracore sampling will test the priority targets.
- Alex Metals Drills 11.7 Metres Grading 1.71% Copper and 1.92 g/t Gold near Surface and Discovers the Triple G VMS Target at the KSO VMS Project in Southeast Alaska
Alex Metals (TSXV: ALX) reported first drill results from its KSO project in Southeast Alaska: six of eight holes at the Khayyam target intersected copper- and gold-rich massive sulphide mineralization, with one hole still pending. Hole KY26-009 returned 11.7 metres grading 1.71% copper and 1.92 g/t gold near surface, while KY26-001 returned 5.4 metres grading 2.27% copper and 1.52 g/t gold (4.25% CuEq). The company also discovered the Triple G VMS target 2 km west of Khayyam, with results pending. The first-pass drill program at KSO totalled 3,058 metres.
- Galloper Gold Intersects Occurrences of Visible Gold
Galloper Gold (CSE: BOOM) reports that drill hole LPSE-26-02 on Glover Island, part of its phase one program, intersected visible gold at 127.8 m in mineralized mafic breccia. The hole was drilled to 200 m and extended the LPSE zones about 70 metres deeper than previously outlined, with sulphide contents of up to 10%. Samples have been sent to Eastern Analytical Laboratories for assay. The company also completed phase one drilling, totalling 8 holes and 1332 meters, and CEO Hratch Jabrayan said the result supports the company's geological model while assay results are still pending.
- Flow Metals Secures Little Gold Creek Headwaters, Completing Strategic Consolidation of Sixtymile Gold District
Flow Metals (CSE: FWM) staked 44 additional quartz claims (the Mila Claims) along the northern part of its Sixtymile Gold Project in western Yukon, completing its 2026 land acquisition campaign. The contiguous land package now covers 17,635 hectares, nearly tripling the original 6,558-hectare footprint. The claims cover a magnetic lineament trending northwest in line with Little Gold Creek, which encapsulates the headwaters of a historic placer gold source, and extend the Project's northern boundary to the Top of the World Highway. The Company interprets epithermal textures and quartz veins found in its 2026 exploration as supporting a younger magmatic-hydrothermal event overprinting an older gold system. It is integrating historical geophysical data and a 3D review of airborne magnetic and CSAMT surveys to evaluate these targets.
- Blue Star Reports Exploration Results Including Significant Gold Intercepts in Step-Out Drilling at NFN Deposit
Blue Star Gold Corp. (TSXV: BAU) reported final results from its 2026 Phase 2 drill program at North Fold Nose (NFN), North Nutaaq and Roma Main. At NFN, hole 26HND001, a 100 m step-out south, returned 8.0 m at 2.94 g/t Au, including 4.0 m at 5.56 g/t Au; hole 26HND002 returned 6.0 m at 8.18 g/t Au, including 1.0 m at 47.10 g/t Au. Hole 26HND003, a further 130 m south, returned 1.6 m at 2.62 g/t Au, extending mineralization about 230 m south of the existing resource. At North Nutaaq, hole 26UND006 returned 2.2 m at 9.95 g/t Au and hole 26UND007 returned 1.7 m at 10.92 g/t Au; at Roma Main, maiden drilling intersected gold-bearing quartz veins in altered granodiorite. The company noted NFN is a small part of its current resource, that mineralization remains open to the south and at depth, and that the results support both resource expansion and new discoveries.
Related markets
Latest news
- Alphabet and Microsoft are on both sides of the AI boom's biggest bills: Chart of the Day
Microsoft and Alphabet both rent computing power to AI labs and hold stakes in them, but this quarter Microsoft gained while Alphabet lost: Microsoft shares rose about 2% after hours, while Alphabet fell nearly 10%. OpenAI paid Microsoft $10 billion in the quarter ended September, about 11% of its $92 billion revenue, but unpaid OpenAI bills rose to about $7 billion and Microsoft's backlog slipped to about $677 billion. Alphabet's holdings, including about 14% of Anthropic and a stake in SpaceX, produced a nearly $9 billion loss that cut earnings by $0.55 a share to $2.12. Alphabet spent $51 billion on data centers and equipment and burned about $9 billion in free cash flow for a second straight quarter, funding the gap with $29 billion of bonds and $12 billion of new shares. Google Cloud revenue doubled to about $31 billion, and its backlog rose to $561 billion from $514 billion.
- Bank of England sets out approach to tokenised collateral in central clearing
The Bank of England has launched a consultation supporting central counterparties (CCPs) in accepting tokenised forms of eligible collateral. Tokenisation could allow faster and more efficient mobilisation and management of collateral across jurisdictions, helping firms respond to margin calls and supporting innovation in central clearing. The Bank says the existing regulatory framework is not a barrier, provided tokenised collateral can still be valued, transferred and realised when needed, including in stressed conditions. A proposed Supervisory Statement would clarify how the Bank assesses applications involving tokenised collateral, and the consultation closes on 12 February 2027.
- ECB President Lagarde to step down on 7 February 2027
ECB President Christine Lagarde informed the Governing Council and European Council President António Costa that she will step down on 7 February 2027. Her successor will be appointed by the European Council through the nomination process set out in Article 283 of the Treaty on the Functioning of the European Union. The Governing Council thanked her warmly and gave her a long standing ovation.
- Earnings from Amazon, Eli Lilly, and Starbucks: What to Watch
Amazon reports third-quarter results after the bell, with Wall Street expecting revenue of just over $202 billion. Investors will focus on Amazon Web Services, whose revenue surged 37% last quarter, and on holiday shopping demand. Eli Lilly is also reporting, and analysts expect it could raise its full-year guidance again on strong demand for its weight-loss drugs, though a tougher year-over-year comparison could weigh on results. Starbucks is expected to post US same-store sales growth above 6%, helped by new drinks, food and store improvements. September's PCE index, due Thursday, is expected to tick up slightly month-over-month and could offer clues about the Fed's next rate move in December after today's FOMC hold.
- Wall Street Has Written Off Lennar. Here's Why That's a Mistake.
Lennar stock is down 20% year-to-date and 34% over the past year, as its quarter ended Aug. 31 saw revenue fall 9% to $8 billion and earnings drop 49% to $1.19 per share, both below estimates. CEO Stuart Miller blamed inflation, mortgage rates around 6.8% at quarter-end and weaker consumer confidence, and Lennar expects 19,500 to 20,500 new orders next quarter versus 20,879 in Q3. After the report, several analysts cut price targets, and the median target of $72.50 implies a 15% drop from $84; 48% of analysts rate the stock a sell. Berkshire Hathaway added about 3 million shares in Q2, a 30% increase, raising its stake to about 5.5%. The author argues the stock may be near a cyclical bottom and suggests long-term investors could wait for more economic clarity.
- US Vice President Vance Sends Letter to Iran's Supreme National Security Council Secretary
According to the Wall Street Journal, US Vice President JD Vance sent a letter to Mohsen Rezaei, Secretary of Iran's Supreme National Security Council, on President Donald Trump's instructions, aiming to restart US-Iran talks. The letter focuses on a framework for dialogue rather than a specific peace proposal, and comes as Trump weighs resuming large-scale military operations against Iran after the US midterm elections. Axios reported that Vance stressed any talks aimed at preventing US military strikes must address Iran's nuclear program, though a US official declined to disclose when the letter was sent. A key sticking point is Iran's demand that the US first lift its naval blockade, release frozen funds and allow oil sales, while Washington wants Tehran to return to nuclear talks first. A memorandum reached in June collapsed just two weeks after signing, and US military costs in the war reportedly exceeded $47 billion, 25% above the US Department of War's July forecast.
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.