The First Assay — September 23, 2026

⚑ Hole of the Day

◉ Shallow · From 74m Extension · 350 m step-out Colombia · Moderate Risk ~ Porphyry-Cu

Andina collared CDH013 on a new pad 350 metres northwest of its nearest prior hole and still cut 322 metres of 0.51% Cu from 74 metres — mineralisation essentially from surface, with no supergene blanket flattering the grade. Half a percent copper is ordinary porphyry grade; 322 continuous metres of it starting at 74 metres is an open-pit geometry, and the hole extends Cobrasco's drilled footprint to roughly 1,300 by 550–700 metres. The higher-grade fabric is there too: a 200-metre core at 0.65% Cu from 82 metres, and two 2-metre samples above 2% Cu. At 0.49× GT/MCap this is far and away the best-value Exceptional hole today — Coeur's two comparable copper intercepts price at 0.006× against a C$27.5B market cap. It ranks #30 of 197 copper intercepts by AuEq·m in the 30-day archive, which says more about a September dominated by Aldebaran's and Talon's multi-hundred-metre porphyry holes than about this one. Colombia is the caveat: moderate jurisdiction risk, and Chocó specifically carries permitting and community friction that Nevada and Ontario do not. Three more holes from the same pad are pending, and CDH012 — drilled southwest from the same collar — returned only 12 metres of 0.41% Cu on partial assays, so the zone is directional.

GT/MCap Spotlight — Top 5

One row per company. Au, Ag and Cu metrics are on different price bases — not directly comparable across metals.

Ashley Gold tops the sheet at 4.71×, but read it for what it is: a C$5.6M shell reporting 55 metres of 0.478 g/t Au, so the ratio is small-denominator arithmetic more than it is a result. Blackrock's 1.76× is a cross-metal AgEq figure on a 0.76-metre vein and is not comparable to the gold and copper names beside it. The cleanest ratio on the board is Dryden Gold at 1.66× — 12.7 metres of 7.88 g/t at Gold Rock on a C$60M market cap, a real grade over a real width.

◉ From depth ≤200m (shallow)  ·  ~ Moderate jurisdiction risk  ·  ✓ True width stated  ·  ★ HOTD

Today's Qualifying Intercepts — best hole per company, 14 of 75

Rating	Company	Metal	Hole	m	Grade	GT	AuEq·m	GT/MCap
Good	Ashley GoldASHL	AuOrogenic	TAK-26-14*	55.0 ◉	0.478 g/t Au	26.3	26.3	4.705
Good	Bullion Gold DiscoveriesBGD	AuOrogenic	TG-05*	8.4 ◉	2.49 g/t Au	20.9	20.9	1.843
Good	Blackrock SilverBRC	AgEpithermal-LS	TXC26-184 ✓	0.76	1036.6 g/t AgEq (431 g/t Ag, 5.61 g/t Au)	787.8	8.1	1.764 (Ag)
Great	Dryden GoldDRY	AuOrogenic	DGR-058*	12.7 ◉	7.88 g/t Au	100.1	100.1	1.659
Good	Algo Grande CopperALGR	CuSkarn	AG-CG-PH2-002*	38.2	1.0% CuEq	38.2	38.2	1.203 (Cu)
Great	Tocvan VenturesTOC	AuEpithermal-LS	JES-26-175*	271.45 ◉	0.26 g/t Au, 2.41 g/t Ag	70.6	77.3	1.164
Good	Legacy Gold MinesLEGY	AuOrogenic	LG26-017*	12.5 ◉	3.7 g/t Au	46.2	46.2	0.631
Great	NexMetals MiningNEXM	CuMagmatic sulph	SMD-26-219 ✓	13.5	4.21% CuEq (1.69% Cu, 1.22% Ni, 0.05% Co)	56.8	61.3	0.524 (Cu)
Exceptional ★	Andina CopperANDC	CuPorphyry-Cu	CDH013* ~	322.0 ◉	0.51% Cu, 70ppm Mo, 1.6 g/t Ag	164.2	224.1	0.495 (Cu)
Great	NexGold MiningNEXG	AuOrogenic	GL-26-034 ✓	7.0 ◉	14.07 g/t Au	98.5	98.5	0.255
Good	Inventus MiningIVS	AuConglomerate	PD-26-348 ✓	2.09 ◉	4.96 g/t Au	10.4	10.4	0.165
Great	Integra ResourcesITR	AuEpithermal-LS	FCMR26-1162*	167.6	0.59 g/t Au	98.9	98.9	0.123
Exceptional	Coeur MiningCDE	AuArchean orogen	RR26-2110-W1A ✓	5.8	43.6 g/t Au, 13 g/t Ag	252.9	253.7	0.009
Exceptional	Coeur MiningCDE	CuAlkalic Cu-Au	EA26-623 ✓	124.6	1.25% Cu, 1.1 g/t Au	155.8	344.5	0.006 (Cu)

↗ View all 75 qualifying intercepts (plus 33 near-misses) in Google Sheets +61 not shown — incl. 24 further Coeur, 13 NexGold and 7 Integra rows

Near-miss	Blackrock SilverBRC	AgEpithermal-LS	TXC26-199 ✓	1.22	294.5 g/t AgEq (129.3 g/t Ag, 1.53 g/t Au)	359.3	3.7	0.804 (Ag)
Near-miss	Blackrock SilverBRC	AgEpithermal-LS	TXC26-184 ✓	0.4	877.1 g/t AgEq (387 g/t Ag, 4.54 g/t Au)	350.8	3.6	0.785 (Ag)
Near-miss	Bullion Gold DiscoveriesBGD	AuOrogenic	TGNO-03*	15.3 ◉	0.58 g/t Au	8.9	8.9	0.782
Near-miss	Blackrock SilverBRC	AgEpithermal-LS	TXC26-180 ✓	1.98	144.2 g/t AgEq (74.5 g/t Ag, 0.646 g/t Au)	285.5	2.9	0.639 (Ag)

✓ True width stated in PR  ·  * Drilled width — TW not determined  ·  ◉ From ≤200m (shallow)  ·  ~ Moderate jurisdiction risk
GT thresholds — Au: Good >10, Great >50, Exceptional >200 g/t·m  ·  Ag: Good >500, Great >2,000 g/t·m  ·  Cu: Good >20, Great >40, Exceptional >150 %·m
AuEq: Au $3,200/oz · Ag $33/oz · Cu $13,700/t · Ni $17,000/t · Co $56,000/t. Issuer-reported CuEq/AgEq used where disclosed, on the issuer's own prices. GT/MCap uses C$ market cap at September 23, 2026.
Coeur and Integra publish intercept lengths without collar depths, so those rows carry no from/to and no depth flag.

Not Screened

SAGA Metals (SAGA · TSX-V · C$36M) — Radar, Labrador. Best intercept: 485.4 m of 32.21% Fe₂O₃, 5.30% TiO₂, 0.191% V₂O₅. Fe-Ti-V only — no GT threshold in the framework and no payable metal anywhere in the assay suite.

Rare Earths Americas (REA · NYSE American · ~C$302M) — Homer-A, Goiás, Brazil. Best intercept: 22 m of 0.223% TREO from 5 m. Screened and failed by a wide margin: GT ~4.9 %·m against a Good threshold of 50. NdPr is disclosed only as a share of TREO (~28%), so the implied ~0.06% NdPr and any AuEq from it are indicative only. HREO-enriched basket, DyTb to 5.7% of TREO — worth watching, not yet valuing.

Storm Exploration (STRM · TSX-V · C$17M) — Gold Standard, Ontario. Five holes over 1,000 m logged disseminated to massive sulphide across 1.9 km of a 7 km conductor. No assays whatsoever; results expected Q1 2027. The day's 13% move is trading on visual chalcopyrite.

Integra Resources — North Dump holes. Seven RC holes (0.30–0.41 g/t Au over 30–55 m) were drilled into an existing mine waste dump already in the mine plan, not in-situ rock. Excluded from the screen; Integra's bedrock holes are in the table above.

Partial and re-reported data. Algo Grande's headline 68.43 m at 1.2% CuEq sums two zones 67 m apart, one of which (30.23 m at 1.5% CuEq) was first released 11 September — only the new 38.20 m is archived. NexMetals' SMD-26-217 three-zone intercept is visual logging with assays pending. LAURION's polymetallic intervals were screened on the normalised-sum test and failed (best 0.34 against a 0.50 near-miss bar); only its 9.90 m of 0.563 g/t Au is carried, as a near-miss.

No assays, headline call only: Torr Metals (TMET), AuMEGA (AUM), Galactic Gold (GGAU), Nevada Sunrise (NEV), TDG Gold (TDG), Sendero (SEND), Red Canyon (REDC), Kiplin Metals (KIP), Mineral Road (ROAD) — targeting interpretations, soils, grab samples or database re-tabulations, not drill results.

Archived: Google Sheets · Raw CSV also saved to Drive