The First Assay
Wednesday Drill Digest
TSX · TSX-V · CSE · NYSE-A · Nasdaq · September 16, 2026
15 companies
79 qualifying holes
8 jurisdictions
A heavy Wednesday: 17 releases read, 15 companies cleared the screen with 79 qualifying intercepts across eight jurisdictions, and the day is gold-dominated by grade-thickness. Freegold's Golden Summit (Alaska) leads on both counts — 102.8 m @ 3.10 g/t in the Cleary hanging wall and an uncut 5.8 m @ 71.46 g/t vein — while Sterling's 397 m @ 0.30% Cu from bedrock at Soo Copper is the copper story and the best clean value-per-dollar hole with real scale. FireFox's 21 m @ 4.13 g/t Lammas discovery (Finland) is the standout micro-cap; silver flow came from Aya (bonanza but narrow, on a C$5.4B producer) and Kootenay's deep D Vein step-outs at Columba. G Mining posted six Great intercepts at Gurupi/TZ that barely register on GT/MCap, and Avanti's 11.5 m @ 6.50 g/t at Akyanga carries the day's only high-risk jurisdiction flag (DRC).
⚑ Hole of the Day
◉ Shallow · From 154.5m
Infill · Resource
USA · Stable
Orogenic
Freegold Ventures FVL TSX · C$664M
Golden Summit – Cleary, Alaska, USA
GS2641: 5.8m of 71.46 g/t Au* from 154.5m
incl. 3.1m of 133.15 g/t Au from 154.5m · same release: GS2634 102.8m of 3.10 g/t Au from 460.2m
GT
414.5 g/t·m
Exceptional
Resource
29 Moz · PFS 2027
GS2641 hit an uncut 5.8 m @ 71.46 g/t Au from 154.5 m, driven by 3.1 m @ 133 g/t in a fault-marginal quartz vein with pyrite-arsenopyrite-jamesonite in eastern Cleary — the 414 g/t·m is nugget-controlled and the true width is undetermined, so read it as a high-grade-domain indicator rather than a resource-grade number. The more consequential hole in the same release is GS2634: 102.8 m @ 3.10 g/t (incl. 55.9 m @ 5.18) from 460 m in the Cleary Road Cut Shear hanging wall — about 2.5× the 1.24 g/t indicated resource grade — and it ended early at 576.8 m in mineralization. Both are infill inside a ~29 Moz orogenic bulk-tonnage resource being pushed to PFS, so the read-through is grade uplift in the Cleary high-grade shear domain (underground-relevant at these depths), not new ounces. At 0.62× on a C$664M cap this is solid rather than spectacular value-per-dollar; among this week's Au results it ranks second to Auro's DSB-68 (570 AuEq·m, Sept 15) — full 30-day rank not computed this run. Watch the remaining 2026 assays (>52,000 m drilled), the Albion/GlassLock vs BIOX/POX met trade-off, and the 2027 MRE/PFS.
* Drilled widths — true width not determined pending geological modelling.
GT/MCap Spotlight — Top 5
Au and Cu metrics are on different price bases — not directly comparable across metals.
KTN CDH-26-243 Ag ✓
25.16×
AYA DZG-SF-26-945 Ag ◉
2.29×
Metalsource (30.5×) and Kootenay (25.2×) top the sheet only because Ag-unit GT is not comparable to Au or Cu — Silver Hill's 7.3 m @ 261 g/t AgEq is a Good-rated interval on a C$63M cap, and Columba's 17 m @ 178 g/t is a ~3.7 m true-width breccia at 435 m. The best clean ratio is FireFox at 3.27× — 21 m @ 4.13 g/t on a C$26M cap, a genuine discovery 650 m from any prior drilling with two more Lammas holes pending — then SLAM at 2.42× (CuEq only, C$9.5M micro-cap, native grades not disclosed) and Sterling at 1.88×, which is the one with porphyry scale behind it.
◉ From depth ≤200m (shallow) · ⚠ High jurisdiction risk · ~ Moderate jurisdiction risk · ✓ True width stated · ★ HOTD
Today's Qualifying Intercepts — Top 10 of 79
| Rating |
Company |
Metal |
Hole |
m |
Grade |
GT |
AuEq·m |
GT/MCap |
| Exceptional ★ |
Freegold VenturesFVL |
AuOrogenic |
GS2641* |
5.8 ◉ |
71.46 g/t |
414 |
414.5 |
0.62 |
|
| Exceptional |
Freegold VenturesFVL |
AuOrogenic |
GS2634* |
102.8 |
3.10 g/t |
319 |
318.7 |
0.48 |
|
| Great |
G Mining VenturesGMIN |
AuOrogenic |
GUD-26-029 ✓ |
79.6 ◉ |
1.78 g/t |
142 |
141.7 |
0.01 |
|
| Great |
FireFox GoldFFOX |
AuOrogenic |
26MJ032* |
21 ◉ |
4.13 g/t |
86.7 |
86.7 |
3.27 |
|
| Great |
Avanti GoldAGC |
AuOrogenic |
MSDD0153 ✓ ⚠ |
11.5 ◉ |
6.50 g/t |
74.8 |
74.8 |
0.69 |
|
| Great |
Goliath ResourcesGOT |
AuOrogenic |
GD-26-478 ✓ |
4.85 |
13.81 g/t |
67.0 |
67.0 |
0.22 |
|
| Great |
RPX GoldRPX |
AuOrogenic |
SD-26-676 ✓ |
35.1 ◉ |
1.87 g/t |
65.6 |
65.6 |
0.92 |
|
| Exceptional |
Aya Gold & SilverAYA |
AgEpithermal |
DZG-SF-26-945* |
3.5 ◉ |
3 g/t |
12,254 |
126.3 |
2.29 (Ag) |
|
| Great |
Kootenay SilverKTN |
AgEpithermal |
CDH-26-243 ✓ |
17 |
178 g/t |
3,026 |
39.2 |
25.16 (Ag) |
|
| Great |
Sterling MetalsSAG |
CuPorphyry-Cu |
SC-26-26* |
397.19 ◉ |
0.37% CuEq % |
119 |
175.0 |
1.88 (Cu) |
|
↗ View all 79 intercepts in Google Sheets
+69 not shown: MSM SH26-22 (Good, 30.48×), MSM SH26-23 (Good, 27.50×), MSM SH26-23 (incl.) (Good, 24.72×), KTN CDH-26-253 (Grea, 24.23×), MSM SH26-22 (incl.) (Good, 20.33×), KTN CDH-26-250 (Good, 15.18×), KTN CDH-26-253 (Good, 14.30×), KTN CDH-26-239 (Good, 11.07×) … +61 more
Near-Miss
| Near-miss |
Avanti GoldAGC |
AuOrogenic |
MSDD0153 ✓ ⚠ |
4.6 ◉ |
1.94 g/t |
8.9 |
8.9 |
0.08 |
|
| Near-miss |
RPX GoldRPX |
AuOrogenic |
SD-26-660A ✓ |
4.26 ◉ |
2.05 g/t |
8.7 |
8.7 |
0.12 |
|
| Near-miss |
SLAM ExplorationSXL |
CuMagmatic |
GW26-33 (incl.)* |
4.9 ◉ |
2.61Eq CuEq |
12.8 |
17.0 |
1.34 (Cu) |
|
| Near-miss |
New Break ResourcesNBRK |
Au |
NBR-26-30* |
5.5 |
1.57 g/t |
8.6 |
8.6 |
0.50 |
|
| Near-miss |
Pelangio ExplorationPX |
AuOrogenic |
SPDD26-011 ✓ |
4.9 ◉ |
1.81 g/t |
8.9 |
8.9 |
0.23 |
|
One row per company shown; 8 near-miss intervals in total (RPX ×2, NBRK ×2, PX ×2, AGC, SLAM) are in the sheet.
✓ True width stated in PR · * Drilled width — TW not determined · ◉ From ≤200m (shallow)
⚠ High jurisdiction risk · ~ Moderate jurisdiction risk
GT thresholds — Au: Good >10, Great >50, Exceptional >200 g/t·m · Cu: Good >20, Great >40, Exceptional >150 %·m · WO₃: Good >1, Great >5, Exceptional >20 %·m (through-cycle APT basis) · TREO: Good >50, Great >200, Exceptional >500 %·m
AuEq: Au $3,200/oz · Ag $33/oz · Cu $13,700/t · APT $3,300/mtu · NdPr $70/kg · GT/MCap uses C$ mkt cap at September 16, 2026
REE AuEq requires NdPr% disclosure; "N/A" if basket not specified. Deposit type shown under metal symbol.
Not Screened
High Tide Resources (HTRC · CSE · C$30M) — Labrador West, Canada. Best intercept: 128.9 m of 30.2% FeT (26LB0071) and 179.6 m of 26.7% FeT. Iron — no GT threshold defined in the current framework.
PTX Metals (PTX · TSX-V · C$20M) — Shining Tree, Ontario. Phase 1 completion (6 holes / 1,209 m at Ronda); assays pending — no results to screen.
Goliath Resources (GOT) — holes GD-26-414/426/439/450 in today's release are AuEq re-reports of gold assays already published Aug 10/21; only the new Au-only hole GD-26-478 is tabulated. Coverage note: all 17 in-window releases were read in full (4 subagent batches); nothing carried to the unread backlog.
THE FIRST ASSAY
thefirstassay.com
Au $3,200/oz · Ag $33/oz · Cu $13,700/t · APT $3,300/mtu
Not investment advice.