Vancouver · TSXV / CSE / TSX Technical coverage of junior mining and energy equities on the TSXV, CSE and TSX.
Generation Uranium received conditional CSE approval and will delist from the TSXV around July 24, keeping the GEN symbol, citing lower fees. Useful context, but not a catalyst.
Li-FT is drilling 163 holes for 38,970 m across a consolidated spodumene complex in Québec. A big commitment — but the announcement is a program start, with no assays to judge yet.
The TSXV conditionally approved the reverse takeover that becomes 'Green Canada Uranium Corp.' RTOs are a fast route to a listing — and carry the usual completion and disclosure risk.
A C$181.5M bought deal — 3,000,000 shares at C$60.50 — underwritten by a bank syndicate. For a royalty company, raising at this share price is accretive, not the usual junior dilution.
Rio2 filed an NI 43-101 report on the Kalzas tungsten project in Yukon. Tungsten is a designated critical mineral, but this filing documents data and potential — not economics.
A C$2.5M non-brokered placement to fund first-ever drilling at the Oso Negro epithermal project. High-risk, high-optionality — the definition of a maiden program.
Rockland led with 79.9 g/t Au near surface at its Cole project in Red Lake. Every headline grade is over 0.5 m; the intervals that matter are the single-digit grades over 1.6–2.5 m.
A C$6M non-brokered placement structured with a binding standby and a cornerstone commitment — the kind of structure that tells you the money is actually there.
A brokered LIFE offering of up to 50,000,000 shares at C$0.20 for C$10M. The strategic tell is that Rio2 is expected to participate to keep its 15% position.
The company staked the Kanawata property over an interpreted ijolite-carbonatite intrusion — the same rock class as Oka and Niobec. Right address; nothing proven yet.
Hole CD-26-046 returned 106.62 m of 1.09% CuEq at Carmacks, with a higher-confidence 23.15 m of 1.42% Cu inside it. The bulk width is the story; the copper-equivalent needs unpacking.
Step-out hole SPRD-07 returned 6 m of 6.11% Cu within 20 m of 2.65% Cu, extending the high-grade bornite zone 300 m. For copper, grade and width like this is rare — and it earns the word exceptional.
Most high-grade silver headlines are narrow. Silverco reported 1,100 g/t Ag over 10.3 m at Cusi — grade and width together — with a 6,452 g/t AgEq spike inside it.
A 7.6 m intercept of 16.08 g/t AuEq sounds like a gold hole. Break down the equivalent and it largely is — 14.27 g/t is gold — which makes this one of the cleaner AuEq numbers you will see.
Mako booked 597,744 oz Au in reserves at the Moss Mine — at a reserve grade of 0.327 g/t. The economics work, but only because the study assumes US$3,500/oz gold.
Torex filed a Preliminary Economic Assessment on Los Reyes showing an after-tax NPV of US$1.5 billion and a 37% IRR. Strong numbers — but a PEA can lean on inferred resources.
Underground drilling at Madsen returned 43.38 g/t Au over 3.85 m and 53.87 g/t over 3.1 m — eye-catching — but the 10.22 g/t over 13.35 m is the more meaningful intercept.
Radisson reported 1,604 g/t Au over 1.0 m within 316 g/t Au over 5.1 m at O'Brien. The headline spike is what moves the stock; the 5.1 m envelope is what makes the hole credible.
Aldebaran and subsidiary Centauri announced a C$17M brokered subscription-receipt offering plus a C$8M non-brokered tranche — up to C$25M — to advance the Altar copper-gold project.
The single most useful number in a drill result is grade multiplied by width. It is why a long, low-grade hole and a short, high-grade one can be worth the same — and why headlines mislead.
Almost every drill result is reported as a core length. If the drill hits the mineralisation at an angle, the true width can be a fraction of the number quoted — and companies rarely volunteer that.
A resource is only defined above a chosen cut-off grade. Move that number a little and the tonnes and average grade can move a lot — which is why the cut-off deserves as much scrutiny as the headline.
The three resource categories are a confidence ladder, not a size ranking. Knowing which tonnes are inferred — and therefore excluded from feasibility economics — is central to reading any developer.
NI 43-101 is the Canadian rulebook for disclosing mineral projects. Its most useful function for investors is telling you when a resource is NOT compliant — and therefore not something to rely on.
Equivalent grades roll a polymetallic intercept into one number. That is convenient — and it hides metal-price and recovery assumptions that can quietly do most of the work.
Coarse-gold systems produce spectacular single-sample assays that do not represent the surrounding rock. Understanding the nugget effect is how you avoid being sold a spike as a deposit.
The difference between a hole worth owning and a hole worth marketing is usually visible in the release itself — in what the company chooses to lead with, and what it leaves out.
Juniors live on financings, and the terms tell you a lot. Share count, warrant coverage and whether the deal uses the LIFE exemption change what the raise costs existing holders.
Energy juniors lead with initial production rates, but the IP number is the least durable figure a well produces. What matters is the decline curve and how the reserves were booked.
A 295-million-tonne inferred resource at 1.36% Li2O is a strong hard-rock grade. Q2 is drilling 20,000 m this summer to upgrade confidence and feed a Fall 2026 PEA.