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.
Visionary Copper and Gold Mines Inc. has consolidated land around its Pt. Leamington VMS deposit in Newfoundland, securing the down-plunge projection and southern trend targets. The acquisition includes ground with five airborne EM conductors, two of which are proximal to historical massive sulphide boulders.
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.
FireFly Metals has released an NI 43-101 compliant Technical Report for its Green Bay Copper-Gold Project in Newfoundland, Canada. The report supports a Preliminary Economic Assessment (PEA) and a Mineral Resource Estimate comprising 60.2 Mt of M&I resources at 2.4% CuEq.
First Atlantic Nickel & Cobalt Corp. has closed a $6.15 million non-brokered private placement to fund exploration and metallurgical testing at its Pipestone XL project in Newfoundland. The company highlighted its unique smelter-free processing pathway for nickel-cobalt alloy (awaruite), which recently produced a high-grade concentrate averaging 67.4% nickel.
First Atlantic Nickel & Cobalt Corp. has closed a $6.15 million non-brokered private placement via the issuance of 8,210,000 flow-through common shares. The proceeds are earmarked for exploration and metallurgical testing at the Pipestone XL Nickel-Cobalt Alloy Project in Newfoundland, leveraging a unique smelter-free processing pathway.
High Tide Resources Corp. announced strong iron drill results from its Labrador West Iron Project, including 128.9 metres of 30.2% Fe and 179.6 metres of 26.7% Fe. The drilling successfully extended mineralization beyond the existing resource boundary, with 11 of 13 holes located outside the current resource. The company expects these results to contribute to an updated mineral resource estimate later this year. The project is strategically located near existing iron ore operations in Newfoundland & Labrador, benefiting from established infrastructure and a new power transmission agreement.
Visionary Copper and Gold Mines Inc. is launching a sampling program of historic drill core at its Pt. Leamington VMS deposit in Newfoundland. The program uses hyperspectral data to target previously unsampled copper-rich feeder zones in the footwall of the existing massive sulphide system.
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.
