AuMEGA Metals has completed its initial diamond drilling program at the Isle aux Morts Granite and Cape Ray West targets. Assay results are currently pending, and the company has already mobilised its drill rig to the Bunker Hill project.
AuMEGA Metals has completed its initial diamond drilling program at the Isle aux Morts Granite and Cape Ray West targets in Newfoundland and Labrador, Canada, with 9 holes totaling approximately 2,087 metres. Assay results are pending and expected progressively over the coming weeks. The drill rig has now moved to Bunker Hill to test high-priority gold and polymetallic targets, with plans to return to Cape Ray for follow-up drilling in mid-Q4 2026.
Galloper Gold Corp. has reported successful initial results from its 2026 drill program at Glover Island, Newfoundland. The first hole confirmed mineralization at depths consistent with historical drilling, demonstrating continuity along strike and down dip.
Rocky Shore Gold Ltd. has expanded its presence in Newfoundland and Labrador by acquiring the Handcamp and Springdale properties, located within the Roberts Arm VMS belt. The company reported historical 2022 drill results from the Handcamp Zone, including 2.89 g/t AuEq over 11.85 m and 2.20 g/t AuEq over 21.95 m, highlighting gold-rich polymetallic mineralization. The acquisitions also include significant cash payments, share issuances, and exploration commitments, with potential for additional share issuances upon achieving specific resource estimates.
Rocky Shore Gold has acquired the Handcamp and Springdale properties and staked additional claims in Newfoundland, forming the new Rocky Pond VMS Project. This project is located in a proven VMS belt and includes historical 2022 drill results from the Handcamp Zone with high-grade gold-equivalent intercepts. The company aims to enhance its discovery profile in the region, complementing its existing Gold Anchor Project.
Great Atlantic Resources Corp. has announced results from bedrock grab samples at its Golden Promise Property in Newfoundland, confirming a gold-copper zone. The samples, collected from a narrow bedrock exposure, returned gold grades up to 1.008 g/t and copper grades exceeding 1% Cu.
Benton Resources has announced high-grade gold results from channel sampling at the Rickirb gold zone within its Dominion project in Newfoundland. Intercepts include up to 30.53 g/t Au, with mineralization extending over a 210 m strike length.
New Found Gold is ramping up the Hammerdown deposit toward commercial production in H2 2026, which is expected to provide C$73 million in free cash flow over the first two years. This cash flow supports a broader C$321 million funding position that includes the phased development of the Queensway project.
TRU Precious Metals has identified two new gold-in-soil anomalies, the Wood Lake East and Wood Lake Southwest anomalies, during its 2026 field program in Newfoundland. The company has expanded its license area by staking 394 additional claims along the southern boundary of the Golden Rose Project to follow up on these discoveries.
Visionary Copper and Gold Mines Inc. has received approval for its Phase 2 diamond drilling program at the Pt. Leamington VMS deposit in Newfoundland. The program aims to convert Inferred resources to Indicated and define the newly discovered Kraken Zone, which was not included in the previous 2021 Mineral Resource Estimate.
