News · Yahoo Finance

Pacific Empire Minerals Completes 2026 Diamond Drill Program at its Trident and Pinnacle Copper-Gold Properties

Pacific Empire Minerals (TSXV: PEMC) has completed its 2026 diamond drill program at its Trident and Pinnacle copper-gold properties in the Quesnel Terrane of north-central British Columbia. The company drilled 14 holes totalling 4,548.5 metres, about 75% more than its 2025 program, with eight holes at Trident (2,410.6 metres) and six at Pinnacle (2,137.9 metres). Core from 13 of the 14 holes has been logged and sampled, and 2,286 samples have been sent to ALS Canada for analysis. Trident assays are expected by the end of 2026 and Pinnacle results in early 2027, and the company says the program supports its view of the two properties as one district-scale copper-gold porphyry system.

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

Original headline: Pacific Empire Minerals Corp. Completes 2026 Diamond Drill Program at its Trident and Pinnacle Copper-Gold Properties

Read the original on Yahoo Finance ↗

Keywords

goldminingCanada

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

Related tickers and likely impact

XAU/USD

• Neutral

Relevance: low

MarketGold
Close on 11/04/20264,060.57
Change that session+3.32%
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

  • Sitka Gold Drills 41.7 Metres of 2.20 g/t Gold from Surface, Including 1.2 Metres of 53.10 g/t Gold, Within 74.8 Metres of 1.31 g/t Gold, Confirming High-Grade Mineralization at the Contact Zone, RC Gold Project, Yukon

    Sitka Gold reports further results from its 60,000 metre 2026 drill program at the RC Gold Project in Yukon, including a hole that intersected 74.8 m of 1.31 g/t gold from surface, with 41.7 m of 2.20 g/t gold and 1.2 m of 53.10 g/t gold within it, at the Contact Zone. A second hole at the Bear Paw Zone, 2.5 km southwest of Rhosgobel, returned 48.6 m of 1.18 g/t gold, including 1.8 m of 4.27 g/t gold. The company says mineralization at the Pukelman-Contact target remains open in all directions and has been traced over roughly 900 by 650 metres, with potential to become an additional deposit. Assays for the remaining 82 diamond holes, totalling about 27,000 m, are still pending, and the company plans to incorporate the additional drilling into an updated mineral resource estimate.

    Yahoo Finance·goldminingCanada
  • Renegade Gold Identifies New Gold Targets Along the LP-Uchi Corridor in Red Lake

    Renegade Gold reported first-pass till and soil geochemical results from its 2026 program at the LP-Uchi project, about 50 km east of Red Lake, Ontario, identifying multiple new multi-kilometre gold anomalies along the LP fault corridor. The anomalies coincide with fault structures interpreted from the winter 2025/2026 drone magnetic survey, and 884 samples were collected in total. The results complement high-grade channel samples from BobJo (16.2 g/t Au over 5.0 m) and Belanger (25.9 g/t Au over 0.3 m), and fieldwork across the Confederation Belt is now complete. The company plans to rank the targets and advance them toward drill-readiness for its 2027 exploration program.

    Yahoo Finance·goldminingCanada
  • Gold Terra Announces 6.61 g/t Gold over 7.35 Metres Including 31.6 g/t Gold over 1.1 Metres on the Campbell Shear Zone 103N Extension, Con Mine, Yellowknife, NWT

    Gold Terra Resource (TSXV: YGT) reported initial drill results from Zone 103N, which it considers the northern extension of the Campbell Shear within the historical Con Mine. Highlights include 6.61 g/t gold over 7.35 metres, including 31.6 g/t gold over 1.1 metres, with the best grades associated with quartz mineralization. The June 2026 technical report estimated an initial underground Inferred resource at Zone 103N of 5,083,000 tonnes averaging 3.64 g/t Au, or 595,000 ounces of contained gold. Miramar previously developed the zone with a 1.6 km access drift on level 3100 but drilled it only to a limited extent. Gold Terra holds the right to acquire 100% of the Con Mine Option property from a Newmont subsidiary until November 21, 2027, and drilling is continuing with more assays pending.

    Yahoo Finance·goldminingCanada
  • Graycliff Reports High Grade Gold Results in All Five New Drill Holes

    Graycliff Exploration has reported high-grade gold assays from all five recent drill holes, including D-26 and J-62-26 through J-65-26, at its 100%-owned Shakespeare gold project near Sudbury, Ontario. Hole J-62-26 intersected 115.25 g/t gold over 6.0 m from a depth of 118 m, including 551.00 g/t gold over 1.0 m, while Hole D-26 returned 26.48 g/t gold over 4.0 m at 157 m. The program aims to define the location, extent and grade of high-grade mineralization largely below the historic workings of the Shakespeare mine, first developed more than 120 years ago. Samples are being assayed at AGAT Laboratories in Thunder Bay, Ontario.

    Yahoo Finance·goldminingCanada
  • Wesdome Reports Third Quarter 2026 Financial Results

    Wesdome Gold Mines reaffirmed its 2026 production and all-in sustaining cost (AISC) guidance and expects a strong fourth quarter, with both Eagle River and Kiena expected to finish within their guidance ranges but below the midpoint. In Q3 2026, consolidated gold production fell 18% to 41,287 ounces, while cash costs per ounce of gold sold rose 36% to US$1,287 and AISC per ounce sold rose 26% to US$1,789. Consolidated revenue rose 9% to C$251 million, gross profit rose 4% to C$155 million, and net income reached C$89.7 million, or C$0.62 per share. Q3 operating cash flow was C$102 million and free cash flow C$52 million, while liquidity at September 30, 2026 totaled C$735 million, including C$380 million in cash and US$250 million undrawn under its revolving credit facility. At Eagle River, production fell 28% to 24,758 ounces even as tonnes processed rose 12% to a quarterly record, while at Kiena, seasonal workforce planning gaps reduced equipment utilization and delayed the mining sequence.

    Yahoo Finance·goldminingearnings
  • Has Discovery Mining (TSX:DSV) Stock Earned Its Premium After New Permits?

    Discovery Mining's share price has gained 1,688.7% over the past three years, raising the question of whether current earnings can justify its valuation. Fresh permits for the Cordero project and planned gold production at the Porcupine Complex could shift the timing and scale of future cash flows. The stock trades on a P/E of 26.7x, roughly double the Metals and Mining sector average of 13.4x but below the peer group average of 37.8x. Using a tailored fair-value model that weighs growth, profitability, size and risk, the article says the 26.7x P/E screens as overvalued compared with what that framework would typically assign to this profile. It argues the Cordero and Porcupine milestones are already reflected in the price, so investors need to judge whether earnings can justify paying above that modelled level.

    Yahoo Finance·goldminingvaluation

Related markets

Gold →

Latest news

  • Gold ring and bar prices rise up to VND 2 million per tael at SJC, PNJ, Bao Tin Minh Chau, DOJI and Bao Tin Manh Hai on the evening of Nov 5

    Domestic gold prices kept rising in the Nov 5 session versus the prior close: ring gold gained VND 1.4-2 million per tael, while SJC gold bars rose only VND 100,000 per tael on the sell side, to VND 142.5 million per tael. Spot gold rose 1.5% to USD 4,120 per ounce, following a 3.4% gain in the previous session. Among the surveyed brands, the sell-side price for ring gold was highest at Bao Tin Manh Hai at VND 142.8 million per tael, and lowest at SJC and PNJ at VND 142 million per tael. An update at 14:30 showed gains easing from the morning, with SJC bars quoted at VND 143 million per tael to sell and spot gold at USD 4,125 per ounce, up 1.6%.

    CafeF·▲ PAXG/USDT▲ XAUT/USDT▲ XAU/USDgoldXAUUSDSJC
  • Could Buying Micron Stock Today Help Set You Up for Life?

    An article says a $10,000 investment in Micron Technology three years ago would now be worth almost $118,000, and argues that demand for high-bandwidth memory (HBM) in AI data centers will keep supporting its growth. Bloomberg Intelligence estimates HBM market revenue could reach $641 billion in 2030, up from $4 billion in 2023 and well above its January 2025 estimate of $130 billion. According to one estimate cited, HBM uses about 3x the wafer capacity of conventional DRAM, suggesting the memory shortage may last until at least the end of the decade. Micron is due to release fiscal 2027 first-quarter results next month, with the company expecting non-GAAP EPS of $38.15 on revenue of $61.5 billion, versus $13.6 billion in revenue and $4.78 EPS a year earlier. The article notes Micron trades at 12 times earnings and 8 times sales.

    Yahoo Finance·Micronsemiconductorsartificial intelligence
  • Marvell’s $115 Billion Deal Has Lost More Than a Third of Its Value

    Marvell agreed to buy Lumentum in an all-stock deal with an implied enterprise value of $115 billion, with each Lumentum share converting into 4.500 Marvell shares under a fixed ratio that has no price protection. Marvell shares have fallen 36.5% from the last unaffected close, turning the offer's 23.9% premium into a discount, and Lumentum closed at $626.75, about 12.8% below the $719.10 value of the offer. The article reads this wide spread as doubt about the deal closing on current terms or about Marvell's stock, with closing expected in the first half of calendar 2028 pending shareholder votes, antitrust and foreign-investment reviews. Analyst targets averaging $321.87 imply about 101% upside, but the article says many were likely set before the deal, even as fiscal second-quarter revenue rose 36.5% to $2.739 billion and third-quarter revenue is guided to $3.150 billion. The companies project more than $1 billion in annual cost savings, and the article concludes the stock case looks weaker than the business case.

    Yahoo Finance·mergers and acquisitionsMarvellLumentum
  • Interest rates could go 'significantly higher' if oil prices keep climbing — even if the Iran war ends soon

    Strategists at Bank of America found a dramatic correlation between interest rates and oil prices in the U.S., U.K. and Germany. The headline says rates could rise significantly if oil keeps climbing, even if the Iran war ends soon.

    MarketWatch·▲ DXY▼ XAU/USD▼ QQQ▼ SPYinterest ratesoil pricesIran
  • US Dollar Rises Early Thursday Ahead of Jobless Claims, Productivity, Fed Appearances

    The US dollar rose against most of its major trading partners early Thursday, with one exception where it declined.

    Yahoo Finance·▲ DXY▼ AUD/USD▼ EUR/USD▼ GBP/USDUS dollarFedunemployment
  • Au Gold Corp Samples 40 g/t and 22 g/t Gold from the Harvey's Reef Complex Defining Additional High-Priority Drill Targets and Engages Prestige Drilling at the Havelock Gold-Antimony Project

    Au Gold Corp reports a target development update for its Havelock Gold-Antimony project in Victoria, Australia, with select grab samples at Harvey's Reef returning 22 g/t gold from historic mining waste piles and 25, 16 and 16 g/t from shallow workings along 600 m of the reef trend. A 40 g/t gold sample from Ant Reef, an oblique trend to Harvey's Reef south, adds another target to the list. The company also cites a historical 1985 RC drill hole that returned 1.5 m grading 9.24 g/t gold from 34.5 m depth on a parallel vein to the west, and a quartz-stibnite sample from its technical report site visit that graded 12.20 g/t gold and 1,800 ppm antimony. Au Gold has engaged Prestige Drilling Services for diamond drilling at Havelock and wants to advance the Harvey's Reef Complex with the first diamond drill testing.

    Yahoo Finance·goldminingAustralia

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.