A2Gold Corp. has completed an initial RC drilling program at Target Pente, part of its 2026 exploration at the Eastside Gold-Silver Project near Tonopah, Nevada. Five RC holes totaling about 1,936 metres tested all three priority structural corridors identified through surface mapping. All five holes intersected strong alteration, and two holes testing the same corridor also intersected a significant interval of quartz-cemented hydrothermal breccia. Drilling became progressively more difficult, so the company stopped after five holes; samples have been sent for assay, which may take several months given laboratory backlogs. The company will evaluate the assay results together with the geological observations to determine the potential for further exploration at Pente.
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 news
- A2Gold signs agreement to sell Bolo Gold project in Nevada
A2Gold has agreed to sell 100% of its Bolo Gold project in Nye County, Nevada, US, to Super Gold Mining. The project comprises 187 unpatented lode mining claims and the Uncle Sam claim. At closing, Super Gold will issue 3,750,000 common shares at a deemed value of C$0.40 each (C$1.5m, or $1.07m), replace about $198,500 in reclamation bonding and reimburse this year's claim maintenance fees. Further payments of up to C$2.8m ($2m) depend on future work: up to C$2.4m in cumulative resource milestone payments and C$400,000 if a qualifying Preliminary Economic Assessment (PEA) incorporates at least 200,000 gold-equivalent ounces. Super Gold must complete an initial NI 43-101 mineral resource estimate within two years and use commercially reasonable efforts to complete a Going Public Transaction within 12 months, failing which A2Gold is entitled to C$200,000 in cash. Closing is expected within the next few weeks, subject to conditions including replacement bonding and approval of the Plan of Operations transfer.
- Independence Gold Reports Additional Gold-Silver Intersections and Gives an Exploration Update at the 3Ts Project, BC
Independence Gold (TSXV: IGO) reported additional gold and silver results from the Ian, Dixie and Goofy veins at its 3Ts project, about 185 km southwest of Prince George, British Columbia. The Ian vein returned 8.35 m grading 2.39 g/t gold and 28.98 g/t silver in hole 3TS-26-35, the Dixie vein 8.52 m at 1.84 g/t gold and 24.53 g/t silver in hole 3TS-26-41, and the Goofy vein 4.31 m at 1.61 g/t gold and 2.09 g/t silver in hole 3TS-26-53. The Goofy hole was the first test of that vein below the post-mineral microdiorite sill, confirming that gold-silver mineralization continues beneath it. The company said the results will inform its structural model and a planned 10,000-metre drill program to test extensions of known veins and up to 19 newly identified targets, with drilling expected to start soon after about 700 soil samples and surface work are completed.
- Precious metals rally propels miners to top of FTSE 100
Precious metals producers and mainstream miners rose to the top of the FTSE 100 as gold, silver and copper prices strengthened. Fresnillo gained 3.6% and Endeavour Mining 3.5%, with gold up 2.9% to around $4,054 an ounce and silver up 4.4% to about $51.94 an ounce. Anglo American advanced 2.3% as copper rose 0.6% to around $6.44 a pound. The FTSE 100 rose about 0.3% to 10,669 by 9am, helped by a weaker US dollar and lower Treasury yields after the US midterm elections. Weir slid 7% after its third-quarter order intake disappointed despite unchanged guidance, while BAE Systems fell more than 5%, Babcock almost 3%, and Smith+Nephew around 2% after cutting its full-year revenue and profit expectations.
- Five Metals Producers Trade Higher as Gold, Silver and Copper Futures Pull Back
Gold, silver and copper futures gave back part of Monday’s gains on Election Day in the U.S., with gold at about $3,938.50 an ounce (down 0.78%), silver down 2.33% and copper down 2.39%. Several producers with recent results or project updates rose instead, including Algoma Steel (up 4.66%), Nexa Resources (up 2.41%) and Ero Copper (up 0.94%). Ero Copper reported record third-quarter 2026 results, with 18,345 tonnes of copper produced and net income of $116.2 million, and kept its 2026 copper guidance at 67,500 to 77,500 tonnes. Nexa Resources posted third-quarter adjusted EBITDA of US$301 million, up 62%, but a net loss of US$47 million that included a US$124 million impairment. According to the World Gold Council, central banks bought 321 tonnes in the third quarter, lifting year-to-date demand to 675 tonnes, up 6%.
- Heliostar Metals Stock And The Road To 500,000 Ounces Of Gold
Heliostar, a gold and silver miner with two producing mines in Mexico, is targeting an increase in gold output from 50,000 ounces in 2026 to 500,000 ounces per year by 2030, a tenfold rise. The two operating mines are La Colorada, expected to produce over 20,000 ounces, and San Agustin, expected to produce over 30,000 ounces in 2026. The company is developing five other mines, with Ana Paula in Guerrero, Mexico, the furthest along, targeting about 101,000 ounces per year at an all-in sustaining cost of approximately $1,011 per ounce. The article notes major risks in gold mining, including heavy capital needs, gold prices, and the fact that La Colorada may have only about four years of mine life left when Ana Paula starts producing. A Simply Wall St community investor believes the stock could be 56% undervalued.
- Why Coeur Mining Bears Were Right Before The Drop
Coeur Mining shares lost 25.3% year to date including dividends, against a bullish case built on gold at $4,000, silver at $100, a 30% free cash flow margin and a 10x FCF multiple. The shares started the period at US$17.83; the bullish narrative put fair value at US$21.6 on 51.2% revenue growth and a 9.5% profit margin, while the cautious view set US$13.64 with 14.3% revenue growth and a 33.2% profit margin and flagged regulatory and jurisdictional risk. Q2 2026 revenue reached US$1.09b versus US$480.65m a year earlier, helped by the New Gold acquisition, and net income rose, but the net margin fell from 14.7% to 11.2%. The shares now trade at US$13.1, and the selected narrative assumes production growth, cost discipline and asset integration will sustain revenue and margin strength. The article concludes that the original thesis depended heavily on margins, not just metal prices or output.
Related markets
Latest news
- STLLR Gold Secures Mineral Recovery Permit for 225,000-Tonne Hollinger Tailings Sample, Advancing Potential Near-Term Gold Recovery Opportunity
STLLR Gold (TSX: STLR) has received a Mineral Recovery Permit under Ontario's Recovery of Minerals regime, allowing excavation and reprocessing of up to 225,000 tonnes of legacy tailings at its Hollinger project in Timmins. The company says this is a key step toward a large-scale sample program to test gold recovery, operating performance, costs and the potential for Hollinger to generate cash flow. Material would be processed offsite, and STLLR is evaluating practical solutions that could use regional infrastructure. CEO Keyvan Salehi said the permit moves Hollinger from resource evaluation toward demonstrating gold recovery at a meaningful scale. Wabun Tribal Council, Minister of Energy and Mines Stephen Lecce, MPP George Pirie and the City of Timmins also commented on the project.
- Canton's CC rises 4% as SEC staff view it as 'digital commodity'
Canton Network's native token CC rose 4% on Wednesday after the SEC's Division of Corporation Finance issued a no-action letter viewing it as a 'digital commodity'. The letter accepted that CC's value comes from how the network operates and from demand for the token, not from a central team's efforts to generate profits for holders. Developer Digital Asset said participants earn CC by running infrastructure and applications, with the protocol determining how many tokens they can mint. The division said it would not take enforcement action over CC issuance without securities registration if tokens are created under the described conditions. The letter reflects staff's position and is not a binding ruling on CC's legal status, and CC traded at $0.098 at 10:27 am UTC, still down roughly 4.2% over the past week according to CoinMarketCap.
- A bank issues urgent notice asking customers to review mortgaged homes and land that fall under clearance zones
Xuân Bách said he received a message from Woori Bank on the evening of November 3 asking customers to review their mortgaged properties. Customers whose assets have been notified for clearance, already cleared, or included in a clearance plan must respond by November 4, 2026, otherwise the bank will assume the collateral is not affected. The article notes that many Hanoi residents fear their mortgaged homes or land fall within planning areas for infrastructure or urban upgrades, and some apartment owners linked to Mường Thanh projects face similar risks while loans remain unpaid. Nguyễn Quốc Hùng, then deputy chairman of the Vietnam Banking Association, said in May 2026 that there is no specific mechanism for cases where compensation is insufficient to repay loans, such as a 5 billion dong loan with 3 billion dong in compensation. Deferring or rescheduling debt is one option under consideration, but it requires a legal basis and guidance from the State Bank of Vietnam.
- AMD's Free Cash Flow Just Fell to 4% of Revenue
AMD reported record revenue in the third quarter of 2026, but free cash flow fell to $554 million, down from $1,558 million in the second quarter and $1,530 million a year earlier, a margin of about 4% of revenue. The drop came mainly from working capital, as inventories used $2,995 million of cash and receivables used $1,928 million. Inventory rose to $11,463 million, and CFO Jean Hu said the company keeps investing in inventory and capacity to meet strong data center demand. Total debt rose to $7,079 million from $3,226 million, including a $4.75 billion senior notes offering. The author argues the cash drop is likely temporary, but notes risks, as AMD gave no free cash flow target or timeline for a recovery.
- Wayfair sales jump 10% as furniture retailer says it's winning share of sluggish market
Wayfair said its third quarter posted its strongest sales growth since the pandemic, with U.S. revenue reaching about $3 billion, up 11.4%, while international net revenue fell 2.3% to $380 million. Total revenue rose 9.7% to $3.42 billion, above the $3.38 billion LSEG analyst estimate, and adjusted earnings per share were 93 cents versus 79 cents expected. The company posted net income of $62 million, or 45 cents per share, compared with a loss of $99 million a year earlier. Active customers grew 4.7% to 22.2 million, and orders delivered rose 12.2% to about 11 million. CFO Kate Gulliver said the company is keeping promotional activity for the holiday quarter similar to last year.
- Chứng khoán HD (HDS) sets IPO price at 38,900 dong per share, post-offering valuation about 1.8 billion USD
Chứng khoán HD (HDS) approved an offering price of 38,900 dong per share for an IPO of nearly 121.8 million shares, which could raise over 4,737 billion dong and value the company at about 47,400 billion dong, roughly 1.8 billion USD, after the offering. The company plans to allocate 60% of proceeds to margin lending, 10% to advances on securities sales, and the rest equally to corporate and government bonds, disbursed from Q4 2026 to the end of Q2 2027. As of September 30, 2026, equity reached 14,041 billion dong and margin loans reached 10,746 billion dong. In the first nine months of 2026, revenue was 3,018 billion dong, 2.6 times the same period last year, and pre-tax profit was 2,241 billion dong, 3.7 times higher, with investment banking accounting for 36.5% of revenue. The IPO is a step toward listing, and registration details will be announced after the State Securities Commission grants the registration certificate.
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.