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Posted on behalf of Intrepid Metals Corp. - Intrepid Metals Corp. (Ticker: INTR.v or IMTCF for US investors) is advancing exploration for copper, silver, gold and zinc across its portfolio in southeastern Arizona, with its primary focus on the Corral Copper Project in Cochise County. 

The project is a district-scale property at an advanced exploration stage, supported by extensive historical drilling and near-surface mineralization identified in prior work.

Insider Alignment
Director Daniel Barnholden recently purchased $40,780 worth of Intrepid Metals shares on the open market, reflecting additional alignment with the company’s ongoing exploration and development strategy.

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Phase 1 Exploration Underway
On April 29, 2026, the company reported the commencement of Phase 1 exploration activities at Corral, consisting a comprehensive geochemical campaign and detailed geological mapping.

This program is intended to improve the geological model and refine priority targets in preparation for a larger drill campaign expected later this year.

The planned drill program is expected to include both deeper and shallow components, targeting multiple mineralization styles. Deeper drilling is aimed at testing porphyry-style mineralization, while shallower holes are expected to follow up on carbonate replacement deposit (CRD) zones identified in earlier campaigns.

Financing Momentum and Warrant Activity
Alongside operational progress, Intrepid has continued to build its treasury through strong warrant participation. The company reported that more than 98% of warrants issued in connection with its January 2024 non-brokered private placements were exercised.

Since December 2025, these exercises, combined with financings, have contributed to total gross proceeds exceeding C$19.1 million.

With the April expiry now complete and the majority of warrants exercised, a significant overhang has been reduced. The company indicated that this improved capital position is expected to support continued advancement of exploration activities at Corral through the remainder of 2026.

Outlook at Corral

With fieldwork now in progress and capital secured, Intrepid is moving toward a more focused and technically driven drill program later in 2026. The company is targeting multiple mineralization styles within Arizona’s Copper Belt, with Phase 1 work expected to play a key role in refining drill targets.

Full details here:
https://www.intrepidmetals.com/news/2026/271-intrepid-metals-launches-phase-1-exploration-program-contin2026-04-29-040502

Posted on behalf of Minaurum Silver Inc. - Minaurum Silver Inc. (Ticker: MGG.v or MMRGF for US investors) is advancing its wholly owned Alamos Silver Project in Sonora, Mexico. 

The project benefits from road access, power and water infrastructure, along with government and community agreements. Minaurum reports no security issues at site.

At Alamos, Minaurum has completed approximately 65,000m of drilling across 188 holes since discovery. Work to date has identified 26 vein zones, while an estimated 85% of the broader land package remains unexplored.

The current Inferred Mineral Resource stands at 55.2Moz AgEq, contained within 5.37 million tonnes grading 320 g/t AgEq (see Minaurum’s January 28, 2026 press release).

This initial 50Moz+ foundation establishes a base from which the company is pursuing further resource growth.

Minaurum is now executing a fully financed 50,000m Phase II drill campaign using six rigs. The program includes both infill and step-out drilling and is designed to expand and upgrade mineralization across several priority vein zones.

The objective of this program is to support an updated mineral resource estimate in the second half of 2026, targeting 100Moz AgEq.

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Recent results highlight continued expansion potential.

At Quintera — a vein zone not included in the maiden resource — Hole AL26-180W intersected 5.30m grading 570 g/t silver, including 2.50m of 1,024 g/t silver. Hole AL26-188 returned 5.80m grading 581 g/t silver (see MGG's March 31, 2026 press release).

Step-out drilling at Europa Sur also extended mineralization. Hole AL26-185 returned 1.10m grading 305 g/t silver . Hole AL26-186 intersected 2.35m grading 199 g/t silver, including 0.60m of 701 g/t silver (see MGG's March 31, 2026 press release).

Management has outlined several near-term catalysts tied to resource growth and broader portfolio strategy:
- Pathway to the 100 Moz AgEq resource target with several vein zone targets (Europa, Promontorio-Travesia, Quintera, San Jose, Alessandra, Cotera, Minas Nuevas)
- Fully financed 50,000m drill program delivering steady news flow
- Additional metallurgical testing
- Potential monetization or spin-out of select non-core assets

With long-term permitting in place, defined high-grade mineralization and an active expansion program underway, Minaurum is advancing Alamos with a stated goal of materially increasing its silver-equivalent resource base.

Full investor deck: https://minaurum.com/site/assets/files/3832/mggppt-may05-2026-web.pdf

Posted on behalf of Zodiac Gold Inc. - Zodiac Gold Inc. (Ticker: ZAU.v or ZAUIF for US investors) has begun a high-resolution drone magnetic and LiDAR survey over the 16km Arthington-Youth Camp trend at its Todi Gold Project in Liberia.

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"We've already made a discovery at Arthington, now we're scaling it. This program is about turning that discovery into a repeatable model across 16 kilometers. That's how you move from a single discovery to a district-scale gold system, and that's where real value is created. This survey will give us the data to target smarter, drill more efficiently, and accelerate resource growth."

- CEO David Kol

The 47.8km² airborne program is intended to help expand the Arthington discovery into a broader, scalable gold system along the full 16km trend. 

Gold mineralization has already been intersected in 37 of 39 drill holes at Arthington, and the company is now focused on strengthening structural understanding and refining future targeting.

Technical Scope Of The Survey
The survey will be flown on northeast–southwest-oriented lines spaced 50m apart by Axis Drone Surveys. Southern Geoscience Consultants (SGC) will complete the interpretation.

By integrating high-resolution magnetic data with LiDAR, Zodiac Gold aims to:
- Map key structural controls on mineralization, including shears, faults, and lithological contacts
- Develop a detailed digital terrain model
- Enhance drill targeting and support future mineral resource estimation

Integration With Ongoing Drilling
Survey results are expected to feed directly into the company’s 14,000m drill program. So far, 2,343m have been completed across 13 holes. Geological logging has identified encouraging indications along the southern gold-in-soil anomaly at Ben Ben.

The company expects the dataset to improve drill precision, increase discovery rates, and contribute to a planned mineral resource estimate targeted for Q4 2026.

District-Scale Positioning
Zodiac Gold continues to advance the Todi Gold Project as a district-scale gold opportunity. The project spans a 2,316km² land package in Liberia and also holds additional iron ore potential. Five targets are drill-ready, with two already drilled and returning high-grade gold intercepts.

Full news here: https://www.newsfilecorp.com/release/295691/Zodiac-Gold-Launches-HighResolution-Drone-Survey-to-Scale-Arthington-Discovery-Across-16km-Trend

Posted on behalf of Daura Gold Corp. - Today, Daura Gold Corp. (Ticker: DGC.v or DGCOF for US investors) announced it has advanced its previously disclosed option agreement to Phase Two drilling at the Cerro Bayo and La Flora gold-silver projects in Santa Cruz Province, Argentina.

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The advancement follows completion of the Company’s inaugural drill program at Cerro Bayo and reflects its continued exploration focus within the prolific Deseado Massif under its agreement with Latin Metals Inc.

At Cerro Bayo, Phase One drilling totalled 18 holes across 10 priority targets for approximately 1,850m, including three additional step-back holes at the Ingrid, Elena and Eugenia target areas. 

The Company is awaiting assay results, which are expected in the coming weeks. 

Management indicated that work completed to date has strengthened its confidence in the system while final results from Phase One are pending.

At La Flora, drill permit applications have been submitted, and the Company remains on track for an initial drill test in Q3/Q4 2026. 

This program is expected to coincide with Phase Two drilling at Cerro Bayo.

La Flora hosts a high-grade vein system where visible gold has been identified at surface, and Phase Two drilling is intended to test step-outs from Phase One targets as well as newly generated targets developed through ongoing generative exploration.

Phase Two is designed to advance both follow-up drilling and preliminary testing of additional targets, supporting a sustained exploration pipeline across Daura’s Argentine portfolio. 

Under the binding agreement with Latin Metals, Daura can earn up to an 80% interest in the Cerro Bayo and La Flora projects.

Beyond Argentina, Daura Gold Corp. is an exploration company focused on gold and silver assets in South America. 

In Peru, the Company holds a 100% undivided interest in more than 16,600 hectares of mineral concessions in the Ancash region, including the 900-hectare Antonella target and 2,900 hectares of contiguous concessions at Libélulas, which remains the primary focus of ongoing exploration.

Full news here: https://www.dauragold.com/daura-gold-advances-option-to-phase-two-drilling-at-cerro-bayo-and-la-flora

Posted on behalf of Kodiak Copper Corp. - Kodiak Copper Corp. (Ticker: KDK.v or KDKCF for US investors) recently announced the start of its fully funded 2026 exploration campaign at the Company’s 100%-owned MPD copper-gold porphyry project in southern British Columbia. 

The program is focused on expanding the recently completed initial Mineral Resource Estimate (MRE) while advancing a growing pipeline of district-scale exploration targets across the property.

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Kodiak has outlined expansion potential at all seven deposits currently included in the MRE.

The Company expects most deposits to receive drilling during the 2026 campaign, with final metre allocation to be adjusted as the program progresses.

The field season is expected to include roughly 6,500m of core drilling, with room for expansion depending on results. 

Additional work planned for 2026 includes 3D induced polarization (IP) and audio-magnetotelluric (AMT) geophysical surveys, prospecting, and geological mapping.

Initial drilling is set to focus on the Ketchan deposit, which was outlined entirely through historical drilling and has not previously been drilled by Kodiak.

Ketchan extends across roughly 1.4km of strike and consists of two mineralized lobes. Historical drilling intersected mineralization beyond the current MRE limits.

Regional exploration completed in 2025 also confirmed a copper-in-soil anomaly extending for more than two kilometres beyond the current Ketchan resource boundary.

At the Adit deposit, Kodiak identified potential for extensions toward the north and west based on drilling, geophysics, and soil geochemistry. 

The Dillard deposit, which has been drilled across an area of approximately 1km², also remains open for expansion. 

Beyond the existing resource areas, Kodiak has now identified 36 prospective follow-up targets across MPD, including 16 newly generated targets.

These were developed through a combination of regional exploration completed in 2025, historical showings on newly acquired claims, and VRIFY Artificial Intelligence-assisted targeting.

With drilling now underway and multiple undrilled targets identified across the district-scale property, the 2026 exploration campaign is designed to both grow existing copper-gold resources and test new discovery opportunities at MPD.

Posted on behalf of Excalibur Metals Corp. - Excalibur Metals Corp. (Ticker: EXCL.v for TSXV investors) announced on May 1, 2026 that it has significantly expanded its land position at the Bellehelen Silver-Gold Project in Nye County, Nevada by staking an additional 58 federal lode claims. 

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The Company holds an option to acquire 100% of the Bellehelen Project, which covers most of the historic Bellehelen Mining District where gold and silver were mined in the early 1900s.

The new claims cover 1,198 acres (458 hectares) and extend west-northwest to encompass the projected continuation of the Northwest Rangefront Target, including the Stone Cabin Valley Pediment.

The expansion follows high-resolution airborne AVIRIS hyperspectral data that identified several potential alteration zones capable of hosting gold-silver mineralization. 

The additional claims secure what the Company interprets as a potential structural zone beneath post-mineral cover that may represent a primary fluid pathway for the epithermal system at Rangefront. 

This includes the projection of the Bellehelen fault, described as controlling epithermal mineralization and alteration along a trend exceeding 10 kilometres.

AVIRIS processing, geologic mapping and geochemical sampling collectively suggest the presence of a potentially gold-silver bearing epithermal system open under cover to the west. 

Field reconnaissance confirmed an intersection between north-south structures and the west-northwest trending Bellehelen fault, which the Company hypothesizes is a key structural control on the system at the Rangefront Target.

Airborne data also identified increasing kaolinite alteration intensity in two distinct northwest Rangefront zones, a style of alteration associated with the uppermost “cap” of mineralized gold-silver systems.

The AVIRIS scenes were flown on August 1, 2025 and processed using ENVI software and proprietary algorithms to generate alteration mineral products including white mica wavelength and kaolinite strength. 

Field validation was conducted using an ASD FieldSpec Pro spectrometer, with 77 analyses performed on 63 rock samples. 

Dominant alteration minerals identified in hand samples matched those mapped through AVIRIS.

Together, the expanded claim block and integrated hyperspectral, geological and field validation work position Excalibur to advance the Rangefront Target as a priority exploration focus within the broader Bellehelen gold-silver system.

Full news here: https://www.excaliburmetals.com/2026/excalibur-expands-rangefront-target-with-additional-claims

Posted on behalf of Intrepid Metals Corp. - Intrepid Metals Corp. (Ticker: INTR.v or IMTCF for US investors) is advancing exploration for copper, silver, gold and zinc across its portfolio in southeastern Arizona, with its primary focus on the Corral Copper Project in Cochise County. 

The project is a district-scale property at an advanced exploration stage, supported by extensive historical drilling and near-surface mineralization identified in prior work.

Insider Alignment
Director Daniel Barnholden recently purchased $40,780 worth of Intrepid Metals shares on the open market, reflecting additional alignment with the company’s ongoing exploration and development strategy.

https://preview.redd.it/1baz8nutkezg1.jpg?width=1600&format=pjpg&auto=webp&s=df5fdc379548bb087b5ab63f0cccc401b98211b1

Phase 1 Exploration Underway
On April 29, 2026, the company reported the commencement of Phase 1 exploration activities at Corral, consisting a comprehensive geochemical campaign and detailed geological mapping.

This program is intended to improve the geological model and refine priority targets in preparation for a larger drill campaign expected later this year.

The planned drill program is expected to include both deeper and shallow components, targeting multiple mineralization styles. Deeper drilling is aimed at testing porphyry-style mineralization, while shallower holes are expected to follow up on carbonate replacement deposit (CRD) zones identified in earlier campaigns.

Financing Momentum and Warrant Activity
Alongside operational progress, Intrepid has continued to build its treasury through strong warrant participation. The company reported that more than 98% of warrants issued in connection with its January 2024 non-brokered private placements were exercised.

Since December 2025, these exercises, combined with financings, have contributed to total gross proceeds exceeding C$19.1 million.

With the April expiry now complete and the majority of warrants exercised, a significant overhang has been reduced. The company indicated that this improved capital position is expected to support continued advancement of exploration activities at Corral through the remainder of 2026.

Outlook at Corral

With fieldwork now in progress and capital secured, Intrepid is moving toward a more focused and technically driven drill program later in 2026. The company is targeting multiple mineralization styles within Arizona’s Copper Belt, with Phase 1 work expected to play a key role in refining drill targets.

Full details here:
https://www.intrepidmetals.com/news/2026/271-intrepid-metals-launches-phase-1-exploration-program-contin2026-04-29-040502

Posted on behalf of Silverco Mining Ltd. - Last week, Silverco Mining Ltd. (Ticker: SICO.v or SICOF for US investors), a Mexico-focused silver exploration and development company, announced that it has entered into a definitive share exchange agreement to acquire Nuevo Silver Inc., owner of the producing La Negra Mine in Querétaro, Mexico.

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Under the terms of the definitive agreement, Silverco will acquire all issued and outstanding shares of Nuevo through the issuance of 16,802,316 Silverco Shares. Following closing, Nuevo will become a wholly owned subsidiary of Silverco.

Strategic Context: Producing Silver Asset in Mexico
Nuevo holds a 100% interest in the La Negra Mine, described as a producing silver mine located in Querétaro, Mexico. The acquisition introduces an operating silver asset into Silverco’s portfolio.

Silverco currently owns a 100% interest in the 11,665-hectare Cusi Project in Chihuahua State, Mexico, located within the Sierra Madre Occidental gold-silver belt. The Cusi Property is a past-producing underground silver-lead-zinc-gold project approximately 135 kilometres west of Chihuahua City and includes an existing 1,200-ton-per-day mill with tailings capacity.

The property hosts multiple historical Ag-Au-Pb-Zn producing mines developed along several vein structures and features paved highway access and connection to the national power grid. Exploration targets at Cusi include the extension of a newly identified downthrown mineralized geological block and additional potential through claim consolidation.

Ownership Structure Post-Closing
Upon completion of the transaction:

• Former Nuevo shareholders are expected to hold approximately 31% of the outstanding Silverco Shares
• Existing Silverco shareholders are expected to hold approximately 69% of the outstanding Silverco Shares

Transaction Terms and Financial Commitments
As part of the transaction, Silverco will:

• Issue an aggregate of 16,802,316 common shares to existing Nuevo shareholders
• Assume approximately US$11 million in existing indebtedness associated with the producing La Negra Mine
• Assume US$12.5 million in milestone payments and US$5 million in contingent payments potentially payable to the former owner of La Negra

The transaction has been conditionally accepted by the TSX Venture Exchange, with final acceptance pending review of submitted materials. 

Closing is subject to customary conditions, including regulatory and third-party approvals, and is expected to occur as soon as reasonably possible once all conditions are satisfied or waived.

Overall, the acquisition of Nuevo and the La Negra Mine positions Silverco to add a producing silver operation alongside its existing infrastructure and exploration portfolio in Mexico.