r/MiningStocksCanada

Posted on behalf of Toogood Gold Corp. - TGC.v; TGGCF Last week, Toogood Gold CEO Colin Smith was featured on Stocks To Watch to discuss the company's exciting transition into a dual-track exploration company and the massive potential of its newly acquired Table Mountain project in Nevada.

As they look forward, they plan for a highly catalyst-rich year to aggressively advance this untapped surface discovery:

• Aggressive Surface Work: The team is actively blanketing the entire Table Mountain property with detailed soil sampling and structural mapping to accurately dial in the highest-priority targets across the massive 4km by 2km alteration cell.
• Q3 Maiden Drill Program: Leveraging fast-tracked BLM permitting in Nevada, the company is rapidly finalizing a drill-ready plan for a highly anticipated, discovery-focused maiden drill program slated for Q3 2026.

Armed with strong leadership and an entirely untested epithermal system in the world's top gold jurisdiction, Toogood Gold is perfectly positioned for a transformative and catalyst-heavy year.

https://reddit.com/link/1sr1r0i/video/hfq7mj5amewg1/player

View the full interview here: https://www.youtube.com/watch?v=rMr5MfLrpqo

Posted on behalf of Mayfair Gold Corp. - Mayfair Gold Corp. (Ticker: MFG.v or MINE for US investors) recently entered into an agreement to acquire the Guibord, Marriott, and Holloway properties from Plato Gold Corp. for C$2.5 million in cash, expanding its land position in the Timmins region of Ontario surrounding its flagship Fenn-Gib Gold Project.

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The transaction increases Mayfair’s regional footprint by more than 65% and strengthens its presence along the Porcupine-Destor Fault Zone, a key gold-bearing structure within the Abitibi Greenstone Belt that has historically produced over 180 million ounces of gold.

Strategic Shift Toward Near-Site Exploration
The acquisition introduces an additional avenue for value creation alongside the ongoing advancement of Fenn-Gib toward its 2030 production target. By incorporating nearby exploration assets with known gold mineralization, Mayfair is broadening its approach beyond project development alone.

These properties are located within hauling distance of Fenn-Gib, supporting the potential for supplementary feed sources that could enhance both project economics and overall production profile.

Management outlined that near-site exploration offers “substantial potential to enhance the project economics and production profile of Fenn-Gib,” positioning exploration success as a complementary driver as the project continues to be derisked.

Property Breakdown and Exploration Context
Guibord Property (50% interest)
Located approximately 5km southwest of Fenn-Gib and contiguous with existing concessions, Guibord provides strategic land access that may support future onsite infrastructure and permitting requirements. Historical drilling has returned narrow high-grade gold intercepts, including 47.01g/t Au over 0.91m and 13.7g/t Au over 1.22m, along with broader zones of lower-grade mineralization.

Marriott and Holloway Properties (100% interest)
Both assets extend Mayfair’s exposure across the district and remain within trucking distance of Fenn-Gib. While considered earlier-stage, they are situated in geological environments associated with known gold mineralization.

• Marriott has intersected gold mineralization exceeding 1.0g/t Au in historical drilling.
• Holloway has reported high-grade intervals ranging from 52–64g/t Au over 0.3–0.8m.

These characteristics support the company’s view that nearby deposits could contribute additional feed to a centralized processing scenario tied to Fenn-Gib.

Conclusion
By securing additional properties in close proximity to Fenn-Gib, Mayfair is building a broader district-scale position that supports both development and exploration. 

The inclusion of nearby assets with known mineralization introduces a secondary pathway for value creation, where exploration success could complement the advancement of its core project. 

This approach positions the company to potentially improve project economics while continuing to move Fenn-Gib forward within its planned development timeline.

Posted on behalf of West Red Lake Gold Mines Ltd. - WRLG.v; WRLGF In a recent article, Equity-Insider.com highlighted WRLG as one of the world's biggest gold miners. 

They claim gold miners are pulling metal out of the ground faster than they can find new deposits to replace it, while central banks are still buying at a pace of roughly 850 tonnes a year, tightening the market even further. 

That's where the next generation of discovery-focused explorers comes in as West Red Lake Gold Mines are running a systematic drill program across proven high-grade districts, building the resource pipelines the majors will eventually need.

Recent results confirm and extend Veins 006b and 013 beyond those included in the 2025 PEA mine plan, with potential to materially increase daily mined tonnage from Rowan. 

West Red Lake Gold Mines is updating its geological model, mineral resource estimate, and mine design for a combined Madsen-Rowan PFS targeted for Q3 2026.

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Read the full article here: https://www.theglobeandmail.com/investing/markets/markets-news/GlobeNewswire/1366765/the-reserve-crisis-major-miners-can-t-solve-on-their-own/ 

Posted on behalf of Daura Gold Corp. - DGC; DGCOF Daura Gold recently shared an update on the progress of its Phase One diamond drill program at the Cerro Bayo Gold-Silver Project in Santa Cruz, Argentina.

Key Highlights

• Drilling Progress: The exploration team has successfully completed 14 diamond drill holes, testing 10 separate targets across the project.
• Expanded Scope: Daura has already begun drilling three additional step-back holes at the Elena, Ingrid, and Eugenia target areas to gain a broader understanding of the mineralized system.
• Assays Pending: Results from the initial 14 holes are currently pending at the lab and are expected to be published soon.
• AI Integration: The company continues to utilize Geomorphic’s AI platform to actively optimize drill placements using real-time data integration and spatial vectoring.

VP of Exploration Stuart Mills noted that stepping back from the initial holes will provide greater clarity on the broader system to help guide their next phase of exploration. With multiple targets systematically tested and assays on the way, Daura is rapidly advancing this highly prospective project.

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View the full NR here: https://www.dauragold.com/daura-gold-provides-an-update-on-drilling-at-cerro-bayo-ai-supported-analytics-for-drill-targeting

Posted on behalf of Pacific Ridge Exploration Ltd. - Pacific Ridge Exploration Ltd. (Ticker: PEX.v or PEXZF for US investors) reported its 2026 drilling plans for the fully owned Kliyul and RDP copper-gold projects in British Columbia. 

The program is structured around two parallel objectives: expanding an existing resource base at Kliyul while advancing a discovery-driven follow-up campaign at RDP.

Kliyul: Resource Expansion and New Target Testing
Kliyul remains the company’s flagship asset, anchored by the Kliyul Main Zone (KMZ), which hosts an Inferred Mineral Resource of 2.42 billion pounds CuEq or 5.7 million ounces AuEq. The resource remains open, and current plans are aimed at both extending this footprint and advancing additional targets across the broader property.

Exploration will focus on areas northeast of the existing KMZ resource defined by a tilt derivative aeromagnetic anomaly, as well as a strong resistivity gradient at the southeastern edge of the mineral resource estimate. These targets build on 2025 drilling results, including an interval of 289.0m grading 0.77% CuEq (see PEX's November 18, 2025 NR).

Outside of KMZ, the company has identified a six-kilometre-long copper-gold porphyry trend supported by geological, geochemical, alteration, and geophysical indicators. 

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One key target, Klip, is a large near-surface magnetic anomaly that shows similarities to the KMZ signature, suggesting the possibility that drilling has only tested a portion of a broader concealed porphyry system.

RDP: Follow-Up on 2025 Discovery
At the RDP project, exploration is centred on advancing the Day target following a strong 2025 drill result. Hole RDP-25-011 intersected 112.2m grading 1.35% CuEq, including 0.76% copper, 0.86g/t gold, and 3.16g/t silver (see PEX's October 23, 2025 NR). Previous drilling also established that both the eastern and western magnetic lobes host porphyry-style copper-gold-silver mineralization. 

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Planned 2026 work includes high-resolution magnetic surveying, magnetic vector inversion modelling, and additional induced polarization surveys to refine drill targets. Follow-up drilling is expected to test the interpreted porphyry centre between the two lobes, as well as further delineate the western lobe mineralization identified last year.

Exploration Strategy Overview
The company’s 2026 field program is structured to balance resource expansion with discovery potential. Kliyul is expected to drive growth through extension of an existing large inferred resource and evaluation of multiple additional porphyry targets, while RDP represents a discovery-focused opportunity to define the scale of the Day system following encouraging drill results.

With both projects fully owned and located in British Columbia, Pacific Ridge is advancing a portfolio strategy focused on copper-gold systems through a combination of resource development, target generation, and continued drilling.

Full news here: https://pacificridgeexploration.com/news-releases/pacific-ridge-announces-drilling-plans-for-the-kliyul-and-rdp-copper-gold-projects/

Posted on behalf of Daura Gold Corp. - DGC.v; DGCOF A few weeks ago, Daura Gold provided an update on its Phase One diamond drilling program at the Cerro Bayo Gold-Silver Project located in Santa Cruz Province, Argentina.

Daura has completed 14 holes across 10 drill targets and assays are pending. The Company has also commenced drilling on 3 step-back holes at the Ingrid, Elena and Eugenia target areas. 

The results from the first 14 holes are pending and the Company will publish the data when the assays are received in the next 2-4 weeks.

Stuart Mills, VP of Exploration for Daura, commented, "We are pleased with the progress of our drilling program so far, having completed 14 holes across 10 targets. Stepping back from holes 5, 12 & 14 is expected to provide greater clarity on the broader system and help guide our next phase of drilling. 

We look forward to reporting results as they become available. In parallel, Geomorphic's AI platform continues to enhance our targeting by optimizing drill placement through real-time data integration and vectoring."

https://preview.redd.it/h6ti9q1tsevg1.png?width=1834&format=png&auto=webp&s=69c63bd19e70369f56695fd2007ce2f4b41923e7

View the full NR here: https://www.dauragold.com/daura-gold-provides-an-update-on-drilling-at-cerro-bayo-ai-supported-analytics-for-drill-targeting

Posted on behalf of Spartan Metals Corp. - (TSXV: W | OTCQB: SPRMF | FSE: J03) has been ranked among GoldDiscovery.com’s Top 20, reflecting growing recognition as it advances a large-scale critical minerals strategy in the United States.

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Why Spartan is gaining attention:

• Strategic acquisition: Victorio project in New Mexico—one of the largest historic tungsten resources in the U.S.

• Dual-track model: Combining scale (Victorio) with grade (Eagle project)

• Commodity leverage: Positioned to benefit from rising tungsten and molybdenum prices

What differentiates the story:

Under CEO Brett Marsh, the company is aligning with broader U.S. supply chain priorities:

• Active engagement with U.S. federal initiatives supporting domestic critical mineral development

• Exposure to a basket of strategic metals including tungsten, molybdenum, and silver

• Positioned in a market where China dominates global tungsten supply

Why it matters:

• Increasing geopolitical focus on securing domestic resources is driving capital and attention toward U.S.-based projects

• Large-scale, undeveloped assets like Victorio offer strategic optionality in a tightening supply environment

• Ranking recognition signals rising market awareness at a key stage of development

With scale, improving macro tailwinds, and growing institutional visibility, Spartan Metals is positioning itself as an emerging player in North America’s critical minerals supply chain.

https://x.com/golddiscovery1/status/2007097045950325221?s=48&t=KPtXKcNQ2xEKPTH3vKKekg