White Gold reported the first diamond drill results from its fully funded 2026 exploration program at the White Gold Project in Yukon, Canada. Hole WHTGS26D0219 returned 1.47 g/t Au over 38.08m, including 5.13 g/t Au over 7.88m, extending the high-grade core of the Golden Saddle main zone about 50m to the west. At the VG deposit, holes QV26-026 and QV26-024 extended mineralization to about 320m down-plunge and connected to historical hole QV13-011 across a gap of roughly 120m. The company said all four deposits remain open, and assays from 49 more holes are pending and will be included in future resource updates.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on nugget.ca ↗
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
- Visionary Receives Exploration Permits for Its High-Grade Copper and Gold Pine Bay Project in the Flin Flon Mining District, Manitoba
Visionary Copper and Gold Mines (TSXV: VCG) has received two exploration work permits from the Province of Manitoba, valid through December 31, 2028, covering its Pine Bay project and the adjoining Alberts Lake property. The permits allow diamond drilling, line cutting, geophysics and trail clearing on Crown land, so the company can advance Pine Bay at an appropriate time. The Rainbow deposit, on Mineral Lease 59 about 16 km from Flin Flon, has an Indicated Mineral Resource of 3.44 Mt grading 3.59% CuEq and an Inferred Mineral Resource of 1.28 Mt grading 2.95% CuEq. Visionary has submitted an Advanced Exploration Permit application, still pending, that covers ramp access and a proposed 10,000-tonne bulk sample. Six targets outlined in 2025 include some earlier intersections of 5.33% Cu over 3.05 m and 38.50 g/t Au over 3.0 m.
- White Gold Expands the High - Grade Core at Golden Saddle Deposit Intersecting 5 . 13 g / t Gold over 7 . 9m within 1 . 47g / t Gold over 38 . 1m and Significantly Extends the VG Deposit High - Grade Mineralization by 90m to 320m Down - Plunge Across...
White Gold's first diamond drill results from its fully funded 2026 program at the White Gold Project in Yukon, Canada, intersected high-grade gold in multiple lenses at the Golden Saddle and VG deposits. At Golden Saddle, hole WHTGS26D0219 returned 1.47 g/t Au over 38.08m, including 5.13 g/t Au over 7.88m, extending the high-grade core about 50m to the west. At VG, holes QV26-026 and QV26-024 extended mineralization to about 320m down-plunge, beyond the current resource over a strike length of about 150m, and connected to historical hole QV13-011, establishing continuity to about 350m. The company says these results support its recently published PEA, which reported an after-tax NPV of C$1.86 billion, and that all four deposits remain open. Assays from 49 additional holes are still pending.
- Emperor Reports Additional Drill Results and Continues to Strengthen Conceptual Phase 1 Open-Pit
Emperor Metals Inc. (CSE: AUOZ) reported final assays from seven new drillholes in its 2026 exploration campaign at Duquesne West, a program that added over 28,000 m of new data from more than 20,000 m of new drilling and 8,000 m of historical core resampling. Highlights include DQ26-51, which returned 26.3 m grading 1.0 g/t Au from about 40 m depth, including 6.1 m at 2.0 g/t Au; assays are now reported for 51 of 66 holes, with 15 pending. An additional 3,000 to 5,000 m of diamond drilling is planned after a brief pause, and the company plans overburden stripping and grade-control drilling within a conceptual Phase 1 open pit to support a possible updated Mineral Resource Estimate and PEA. The company has completed about 20,479 m of drilling, above its planned 15,000 m, while remaining within budget, and CEO John Florek said the results strengthen confidence in the conceptual Phase 1 open-pit concept.
- ESGold Surpasses 4,000 Metres Drilled at Montauban, Expanding Drilling Beyond the Historic Mine
ESGold has drilled more than 4,000 metres at its Montauban project near Québec City, completing over 80% of its planned 5,000-metre program as drilling moves south and deeper beyond the historic mine workings. About 4,074 metres have been drilled so far, with hole MM-26-27 reaching roughly 408 metres and hole MM-26-28 underway toward about 600 metres. Core logging has found quartz veins, altered rock and sulphide minerals, which the company views as positive geological signs, but metal grades will only be known once laboratory assays are complete. Nineteen containers of processing equipment are on the water from China, with the remaining equipment due to leave China this week.
- Strategic Metals and GGL Resources Property Transaction Approved
Strategic Metals (TSXV: SMD) said the TSX Venture Exchange has accepted its Yukon copper-gold property transaction with GGL Resources, announced July 27, 2026, which was a related-party deal approved by disinterested shareholders of both companies. As part of acceptance, GGL consolidated its shares at 4 pre-consolidation shares for 1 post-consolidation share. GGL can earn an initial 70% interest in the Hopper, Kluane, Batt and Moraine properties by issuing 1,000,000 post-consolidation shares to Strategic by October 31, 2026 and spending $10,000,000 on exploration by December 31, 2029, including up to $250,000 reimbursement for a 2026 program. A further $3,000,000 payment would give GGL 100%, with Strategic retaining a 2% net smelter return royalty.
- Kirkland Lake Discoveries Reports High-Grade Gold at Mirado and Commences Additional 25,000 m Drill Program
Kirkland Lake Discoveries (TSXV: KLDC) reported new gold assays from its KL South Project, 18 km south of Kirkland Lake, Ontario, including 73.86 g/t Au over 1.00 m and 36.43 g/t Au over 1.45 m at Mirado West, plus further mineralised intersections at Mirado North and South. Following a $20 million financing completed on October 8, 2026, the company has begun a drill program of at least 25,000 m to test extensions at Mirado and selected regional gold targets. Its preliminary interpreted footprint at Mirado spans about 1,300 by 930 m horizontally, compared with roughly 740 by 380 m historically, though these are exploration models rather than mineral resource estimates. Assay results for 23 further drill holes are pending.
Related markets
Latest news
- Chips Are Selling Off and Apple Just Hit a New High. What Splits the AI Trade
Chip stocks sold off last week, with the iShares Semiconductor ETF (NASDAQ:SOXX) down 13.31%, while Apple (NASDAQ:AAPL) rose 2.11% and sits about 1.5% below its 52-week high. The article argues Apple benefits from AI by selling it across more than 2.5B active devices, rather than through heavy infrastructure spending like hyperscalers, and notes revenue grew 16.4% year over year last quarter. The stock trades at $342.96 against a 24/7 Wall St. 12-month target of $397.78 (15.99% upside), with a bull case of $451.56 driven by Siri AI and iCloud Plus upgrades. Risks include memory costs, which Cook called “a 100-year flood,” and gross margin guidance of 47% to 48%; the consensus target of $329.38 sits below the current price. The piece also compares Apple’s P/E with NVIDIA and Microsoft, concluding Apple has less exposure to AI infrastructure spending.
- September data shows housing market in a deep freeze
Rising mortgage rates took a harsh toll on the housing market in September. Pending home sales, which measure signed contracts on existing homes, fell 7.3% from August and 11.3% year over year, according to the National Association of Realtors. The average 30-year fixed mortgage rate climbed from about 6.8% to 7.6% during the month, and sales fell most sharply in the South (-8.2%) and West (-9.2%). Housing starts dropped 4.56% to 859,000 annualized, the lowest since September 2025, and building permits fell 4%. Homebuilder sentiment in October hit its lowest level in 14 years, and economists expect construction to stay weak into 2027.
- Revealed: the foreign 'big spender' that has poured over USD 100 billion into Vietnam
Foreign direct investment (FDI) registered in Vietnam topped USD 50 billion in the first nine months of 2026, up 76.4% year on year, while disbursed FDI reached over USD 21.07 billion. Singapore led with USD 12.85 billion in registered capital, up nearly 86% and over a quarter of the national total, ahead of South Korea at over USD 3.1 billion. Singapore's new projects totaled USD 9.26 billion, with USD 2.32 billion in capital increases at existing projects and over USD 1.26 billion in capital contributions and share purchases in domestic firms. Cumulatively, Singapore has passed USD 101.5 billion, becoming the second partner to exceed USD 100 billion and narrowing the gap with South Korea to about USD 2.7 billion. The Ministry of Finance attributes the inflows to the Strategic Partnership and cooperation in green and digital economy.
- Savings interest rates on October 20 at Agribank, Vietcombank, VietinBank and BIDV: Large gaps at 12-24 month terms
After Agribank and Vietcombank cut deposit rates, the rates at the four state-owned banks diverged more clearly. For 1-3 month terms, Agribank is highest at 2.6%-2.9% per year, while Vietcombank, VietinBank and BIDV offer 2.1%-2.4%. For 6-9 months, Vietcombank's 3% per year is below the 3.5% offered by the other three. From 12 months up, BIDV and VietinBank stay higher, at 5.9% for 12 months and 6% for 24 and 36 months, while Vietcombank offers 4.8% for 36 months. These are counter rates for individual customers and may change by term, deposit amount, channel and each bank's policy.
- Anthropic Will Be The Last AI IPO Of 2026, As Industry Collapses
Business Insider founder Henry Blodget noted Anthropic’s month-over-month revenue growth flattened last month, while the article says AI funding is tightening: CoreWeave (NASDAQ: CRWV) is paying up to 13% on new debt, SoftBank has debt problems, and as many as 1,000 communities are trying to block AI data centers. Borrowing for data centers could reach $1 trillion a year through 2030, and shares in AI data center company Elice fell 33% on its IPO launch, the worst opening day for a sizable Korean IPO according to Bloomberg data. The article says Anthropic could be valued at around $2 trillion on IPO day, but under GAAP it is not profitable despite management’s claims, and a trust controlling the board has incomplete disclosures. It concludes Anthropic may list, possibly below $2 trillion, while no other AI firm is likely to IPO this year.
- Amazon to hire over 300,000 holiday workers, up 20% from last year
Amazon plans to hire more than 300,000 workers across its U.S. core operations network for the holiday season, a 20% increase over last year, while overall retail hiring is expected to soften to its lowest level since 2008. Seasonal starting wages average $20 per hour, and full-time core operations staff average nearly $24 per hour. From January 1, 2027, Amazon will extend healthcare benefits to seasonal employees working at least 30 hours per week, with plans starting at $5 per week. The company has committed more than $1.5 billion to wage increases, bringing average full-time compensation including benefits to over $32 per hour. The article frames these moves as a way to shield the supply chain from labor bottlenecks during peak demand.
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.