The First Assay
Friday Drill Digest
TSX · TSX-V · CSE · NYSE-A · Nasdaq · September 18, 2026
4 companies
46 qualifying holes
3 jurisdictions
A thin Friday tape: two fresh releases this morning (Americas Gold & Silver at the Galena Complex, Goliath at Surebet) plus three Thursday-afternoon postings that landed after yesterday's cut (Roxmore, Allied Critical Metals, and a Purepoint radiometric hit). Four companies cleared the screen across three jurisdictions and three commodities — a gold-skarn step-out in Nevada, a gold-silver stockwork in the Golden Triangle, Portuguese tungsten breccia infill, and a wall of sub-metre bonanza silver veins from Idaho's Silver Valley. Americas is on a 🔥 2-day streak after Thursday's Cosalá numbers. Purepoint and Brunswick were Thursday-morning releases JMN never tagged as drill results; they were recovered on a newsroom sweep and are treated as catch-ups.
⚑ Hole of the Day
▾ Deep · From 484mExtension · Step-outUSA · StableAu Skarn
Roxmore Resources RM TSX · C$298M
Converse – Redline South, Nevada, USA
CV26-013C: 58.2m of 1.85 g/t Au from 484m
incl. 19.8m of 4.83 g/t Au (depth not stated in text)
AuEq·m
110.3
Au basis (+Ag)
Step-out
90 m NE, outside MRE
Roxmore's CV26-013C ran 58.2 m of 1.85 g/t gold (incl. 19.8 m at 4.83) through the Redline South skarn at Converse, a 90 m step-out northeast of CV25-005C and outside the current resource. At GT 108 it edges Goliath's 104 as the day's best clean gold number, and on a C$298M market cap prints 0.36× — respectable rather than remarkable for a TSX name already carrying a large low-grade resource. Depth is the caveat: the hole starts at 484 m, so this is underground-scale grade under an open-pit-style deposit; the value is in defining a higher-grade breccia/skarn domain (BP-02 breccia into skarn-altered Havallah, chalcopyrite noted), not in adding pit ounces. True widths 75–100%. The assay table is an image and the sub-interval depths are not in the text; 22 silver samples are pending. Against this week's gold tape it sits outside the top ten on gram-metres (Wesdome, Freegold, Auro, Tiger and Newcore all cleared 150+), so it is the best of a quiet day rather than the week's standout. Watch for the remaining Redline South holes and whether the 4.83 g/t core has strike continuity toward CV25-005C.
GT/MCap Spotlight — Top 5
Au, Ag and WO₃ metrics are on different price bases — not directly comparable across metals.
USA 43-365 (and) Ag ✓1.58×
RM CV26-013C Au ✓ ★ HOTD0.36×
Americas Gold & Silver's 43-369 tops the sheet at 1.66× on 0.2 m of 20,124 g/t Ag — a cross-metal, sub-metre bonanza that is not comparable to the gold names and would not be mineable on its own. The best clean ratio is Goliath's GD-26-431 at 0.37×, a hair ahead of the HOTD at 0.36×; Allied Critical's tungsten sits at 0.03× on a C$361M cap despite an AuEq·m of 325 on spot APT.
◉ From depth ≤200m (shallow) · ⚠ High jurisdiction risk · ~ Moderate jurisdiction risk · ✓ True width stated · ★ HOTD
Today's Qualifying Intercepts — Top 10 of 46
| Rating |
Company |
Metal |
Hole |
m |
Grade |
GT |
AuEq·m |
GT/MCap |
|
Great ★
|
Roxmore ResourcesRM
|
AuSkarn
|
CV26-013C ✓ |
58.2 |
1.85 g/t Au
|
108 |
110.3 |
0.36 |
|
| Great |
Roxmore ResourcesRM
|
AuSkarn
|
CV26-013C (incl.) ✓ |
19.8 |
4.83 g/t Au
|
95.6 |
97.7 |
0.32 |
|
| Great |
Goliath ResourcesGOT
|
AuIRG veins
|
GD-26-431 ✓ |
16.01 |
6.48 g/t AuEq
|
104 |
103.7 |
0.37 |
|
| Great |
Goliath ResourcesGOT
|
AuIRG veins
|
GD-26-431 (incl.) ✓ |
11.27 |
9.12 g/t AuEq
|
103 |
102.8 |
0.37 |
|
| Great |
Americas Gold and SilverUSA
|
AgAg-Cu vein
|
43-369 ✓ |
0.2 |
20,124.0 g/t Ag 8.3% Cu, 7.1% Sb, 3.0% Pb
|
4,025 |
48.0 |
1.66 (Ag) |
|
| Great |
Americas Gold and SilverUSA
|
AgAg-Cu vein
|
43-365 (and) ✓ |
1.6 |
2,390.9 g/t Ag 1.6% Cu, 1.2% Sb, 0.1% Pb
|
3,825 |
48.5 |
1.58 (Ag) |
|
| Great |
Americas Gold and SilverUSA
|
AgAg-Cu vein
|
24-407 ✓ |
0.4 |
7,123.0 g/t Ag 3.24% Cu, 1.81% Sb
|
2,849 |
33.2 |
1.18 (Ag) |
|
| Great |
Allied Critical MetalsACM
|
WO₃W breccia
|
Bo_19/26 ✓ |
63.4 ◉
|
0.16 % WO₃
|
10.1 |
325.3 |
0.03 (WO₃) |
|
| Great |
Allied Critical MetalsACM
|
WO₃W breccia
|
Bo_18/26 ✓ |
43.4 ◉
|
0.17 % WO₃
|
7.4 |
236.6 |
0.02 (WO₃) |
|
| Great |
Allied Critical MetalsACM
|
WO₃W breccia
|
Bo_19/26 (incl.) ✓ |
15.8 ◉
|
0.36 % WO₃
|
5.7 |
182.4 |
0.02 (WO₃) |
|
↗ View all 46 intercepts in Google Sheets+36 not shown: USA ×18 Galena/Crescent veins (Good–Great, 0.3–1.1×), GOT ×7 (GD-26-431/442 sub-intervals, Good–Great, 0.05–0.36×), ACM ×9 (Bo_14/16/18/19 sub-intervals, Good–Great, ≤0.02×)
Near-Miss
| Near-miss |
Americas Gold and SilverUSA
|
AgAg-Cu vein
|
CO34-183 ✓ |
0.1 |
4,323.0 g/t Ag 9.0% Cu, 4.5% Sb, 0.2% Pb
|
432 |
7.0 |
0.18 (Ag) |
|
| Near-miss |
Americas Gold and SilverUSA
|
AgAg-Cu vein
|
SF-014 ✓ |
0.3 |
1,533.4 g/t Ag 0.2% Cu, 0.4% Sb, 0.1% Pb
|
460 |
5.2 |
0.19 (Ag) |
|
| Near-miss |
Americas Gold and SilverUSA
|
AgAg-Cu vein
|
37-339 ✓ |
0.6 |
805.6 g/t Ag 0.6% Cu, 0.5% Sb
|
483 |
6.3 |
0.20 (Ag) |
|
All 11 near-misses today are Americas Gold & Silver sub-metre vein intercepts (250–500 g/t·m Ag); 8 more 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 · Ag: Good >500, Great >2,000, Exceptional >10,000 g/t·m · WO₃: Good >1, Great >5, Exceptional >20 %·m (through-cycle APT basis)
AuEq: Au $3,200/oz · Ag $33/oz · Cu $13,700/t · Sb $30,000/t · APT $3,300/mtu · GT/MCap uses C$ mkt cap at September 18, 2026. Goliath AuEq as reported by the company (Au $4,222 basis). Americas Gold & Silver rows are underground vein intercepts at estimated true width; from/to depths are in the company's PDF tables only. Deposit type shown under metal symbol.
⚡ Radiometrics — Assays Pending
Downhole gamma and scintillometer readings — not assays. Counts-per-second is instrument-specific and non-linear; it is not grade, and these holes are not screened, rated, or archived. Chemical assays typically follow in 3–8 weeks and are screened normally when they land.
Purepoint Uranium PTU TSX-V · C$28M ★ Discovery · First hole at Q24 Canada · Stable
Dorado JV (50/50 with IsoEnergy) – Q24, Athabasca Basin, Saskatchewan · basement-hosted, clay-sericite-chlorite altered pelitic gneiss with fault breccia at the unconformity
PG26-11: 7.4 m averaging 8,760 cps from 284.1 m,
incl. 0.5 m averaging 38,710 cps · peak 50,110 cps
Also 1.6 m avg 1,380 cps from 281.2 m and 6.2 m avg 1,010 cps from 297.2 m · Mount Sopris 2PGA-1000 total-gamma probe, RS-125 on core · assays pending (core recovery incomplete through the hottest interval; assays will be from the recoverable portion)
First-ever hole at the Q24 conductor and the second-highest probe reading in the Dorado program after Nova's NV26-11 (peak 53,300 cps, which later assayed up to 8.1% U₃O₈ over 0.4 m). The PR states no off-scale reading and no cps→grade calibration or composite cutoff, so nothing here can be read as grade. Published Thursday 10:32Z; JMN did not tag it as a drill result — catch-up 2026-09-17.
Not Screened
Brunswick Exploration (BRW · TSX-V · C$54M) — Anatacau Main, Quebec. 202.45 m of spodumene-bearing pegmatite (visual est. ~25% spodumene) in AN-26-15 from 274.25 m. Visual only — no Li₂O assays in this release; catch-up 2026-09-17 (not on JMN's drill-results feed).
Nicola Mining (NIM · TSX-V / NICM · Nasdaq · C$165M) — Treasure Mountain MB Zone, BC. Drill program commencement with visual semi-massive pyrite-pyrrhotite-sphalerite; no assays (year-end).
Mercado Minerals (MERC · CSE) — Zamora / La Franca, Ecuador. 1.00 m surface sample of 1.53 kg/t Ag, 1.39 g/t Au with an LOI. Surface sampling, not drilling.
Western Star Resources (WSR · CSE) — Rowland, BC. 0.53% WO₃ in soil. Soil geochemistry, not drilling.
Spartan Metals (W · TSX-V) — Tungstonia, Nevada. Geophysics only.
Also on the wire, headline-only calls: ICG Silver & Gold (Tuscarora — program completion), Oreterra Metals (Trek South — visual porphyry alteration, assays pending), Targa Exploration (Opinaca — program completion), San Lorenzo Gold (surface sampling), Valor Gold (Courageous Lake — target definition). None report assayed drill intercepts.
Goliath's GD-26-426 (7.0 m @ 2.93 g/t AuEq) appears in today's PR but was previously reported; not re-archived. Allied Critical's Bo_13/26 and Venise Bo_BV_01b likewise restated from prior releases.
Week in Review — September 14 to September 18
| Day |
Rating |
Company |
Metal |
Hole |
GT |
AuEq·m |
| Tue |
Exceptional |
Auro MetalsAURO
|
Au |
DSB-68 |
543.1 |
570.3 |
| Mon |
Great |
Guardian MetalGMTL
|
WO₃ |
PM26-088 |
12.8 |
426.6† |
| Wed |
Exceptional |
Freegold VenturesFVL
|
Au |
GS2641 |
414.5 |
414.5 |
| Mon |
Great |
Guardian MetalGMTL
|
WO₃ |
GH26-01 |
10.2 |
344.6† |
| Thu |
Exceptional |
Wesdome GoldWDO
|
Au |
SH-26-001 |
330.2 |
330.2 |
| Fri |
Great |
Allied Critical MetalsACM
|
WO₃ |
Bo_19/26 |
10.1 |
325.3† |
| Wed |
Exceptional |
Freegold VenturesFVL
|
Au |
GS2634 |
318.7 |
318.7 |
| Tue |
Exceptional |
Tiger GoldTIGR
|
Au |
CEDDH-018 |
279.0 |
314.8 |
| Mon |
Great |
Guardian MetalGMTL
|
WO₃ |
PM26-097 |
7.9 |
287.4† |
| Tue |
Exceptional |
Collective MiningCNL
|
Au |
APC-182 |
37.8 |
286.5 |
Top 10 by AuEq·m, one row per hole. † WO₃ AuEq on spot APT ($3,300/mtu) — flatters tungsten relative to gold. Next: Fireweed TS26-003 (272 AuEq·m, Zn), Collective APC-182 incl., Guardian GH26-02. Mon–Thu from the daily archives; no run on Sept 7–10 so the week is five clean days.
THE FIRST ASSAY
thefirstassay.com
Au $3,200/oz · Ag $33/oz · Cu $13,700/t · APT $3,300/mtu
Not investment advice.