The First Assay
Wednesday Drill Digest
TSX · TSX-V · CSE · NYSE-A · Nasdaq  ·  October 28, 2026
10 companies
53 qualifying holes
6 jurisdictions

Ten companies cleared the screen today, with bulk-tonnage Nevada gold setting the pace: Blossom Gold's RC26-012 returned 128 m at 1.19 g/t Au, and the Rosebud group (RC26-007, RC26-011) adds two more long Great-rated intervals. Newcore's depth test at Enchi, Ghana (37 m at 2.16 g/t Au) and Headwater's first Jake Creek hole in Nevada (46.3 m at 1.34 g/t Au) are the other Great-rated gold results. Away from gold, PPX Mining's Callanquitas hole (19.2 m at 435 g/t Ag with 1.32 g/t Au and 0.4% Cu) and Myriad Uranium's 34 m eU3O8 interval keep silver and uranium on the sheet.

⚑ Hole of the Day
◉ Shallow · From 181.5mExtension · Step-outUSA · StableHeap-leach Au-Ag
Blossom Gold BGAU TSX · C$172M
Rosebud (Nevada), USA
RC26-012: 128m of 1.19 g/t Au from 181.5m
incl. 37.1m of 2.82 g/t Au from 244.5m
GT
151.9 g/t·m
Great
AuEq·m
151.9
Au basis
GT/MCap
0.88×
(Au)
Deposit
Heap-leach Au-Ag
RC26-012 returned 128.0 m at 1.19 g/t Au from 181.5 m (grades capped at 6.8 g/t), including 37.1 m at 2.82 g/t, reported as true thickness against a 0.17 g/t cut-off. That is above the 0.62 g/t grade of the existing inferred resource (70.8 Mt), so this is an expansion hole in an open-pit heap-leach system: the value is tonnage and a possible higher-grade core, not a high-grade discovery. At roughly 150 m from surface it sits squarely in open-pit range. 0.88× GT/MCap on an approximate C$172M market cap, and the 151.9 g/t·m GT ranks #99 of 1,162 gold intercepts in the last 30 days, so it is a solid mid-table result rather than a standout. Nevada is a stable jurisdiction. Watch for resource and metallurgical updates and whether the 37 m high-grade core continues along strike.
GT/MCap Spotlight — Top 5
Two of the top three ratios are Ag-dominant intercepts (PPX, BP Silver) whose GT is inflated by silver's unit scale; they are not comparable with the Au names. The best clean gold ratio is Dynasty Gold's DP26-07 (3.12×) on a very small market cap, followed by Headwater's JC26-01 (1.20×).
PPX CA-26-35 Ag ◉ ✓35.41×
BPAG CO-0019 Ag ◉ ~28.83×
DYG DP26-07 Au3.11×
BPAG CO-0016 Zn ◉ ~2.06×
DYG DP26-04 Au ◉1.29×
◉ From depth ≤200m (shallow)  ·  ⚠ High jurisdiction risk  ·  ~ Moderate jurisdiction risk  ·  ✓ True width stated  ·  ★ HOTD
Today's Qualifying Intercepts — Top 10 of 53
RatingCompanyMetalHolemGradeGTAuEq·mGT/MCap
Great ★Blossom GoldBGAUAuRC26-012 ✓128 ◉1.187 g/t151.9151.90.88
GreatBlossom GoldBGAUAuRC26-012 ✓37.12.818 g/t104.5104.50.61
GreatNewcore GoldNCAUAuNBDD093 ✓ ~372.16 g/t79.979.90.69
GreatBlossom GoldBGAUAuRC26-007 ✓233.1 ◉0.28 g/t65.365.30.38
GreatHeadwater GoldHWGAuJC26-01 *46.331.34 g/t62.162.11.20
GoodNewcore GoldNCAUAuNBDD093 ✓ ~95.1 g/t45.945.90.40
GreatPPX MiningPPXAgCA-26-35 ✓19.2 ◉434.7 g/t8,346121.635.41 (Ag)
GoodBP SilverBPAGAgCO-0019 * ~10 ◉183.62 g/t1,83624.928.83 (Ag)
GreatMyriad UraniumMUHES0001BDD *34.29 ◉0.0399 %1.3727.90.03 (U)
GoodBP SilverBPAGZnCO-0016 * ~96 ◉1.37 %131.548.42.06 (Zn)
↗ View all 53 intercepts in Google Sheets  +43 not shown (BGAU, BPAG, BYN, DYG, M, NCAU, PPX, PSIL, VIO)
Near-Miss
Near-missBlossom GoldBGAUAuRC26-011 ✓10.6 ◉0.65 g/t6.96.90.04
Near-missBlossom GoldBGAUAuRC26-011 ✓30.1 ◉0.221 g/t6.76.70.04
Near-missBlossom GoldBGAUAuRC26-012 ✓14.4 ◉0.397 g/t5.75.70.03
Near-missBanyan GoldBYNAuAX-26-915 ✓27.5 ◉0.31 g/t8.58.50.01
Near-missBanyan GoldBYNAuAX-26-913 ✓7.3 ◉0.82 g/t6.06.00.01
Near-missBanyan GoldBYNAuAX-26-908 ✓6.9 ◉0.84 g/t5.85.80.01
Near-missDynasty GoldDYGAuDP26-07 *16.60.6 g/t10.010.01.12
Near-missDynasty GoldDYGAuDP26-04 *10.5 ◉0.81 g/t8.58.50.96
Near-missDynasty GoldDYGAuDP26-04 *15 ◉0.54 g/t8.18.10.91
Near-missMyriad UraniumMUHES0001BDD *1.22 ◉0.1079 %0.132.70.00 (U)
Near-missMyriad UraniumMUHES0002DD *2.59 ◉0.0486 %0.132.60.00 (U)
Near-missMyriad UraniumMUHES0002DD *2.59 ◉0.0414 %0.112.20.00 (U)
Near-missMyriad UraniumMUARR0003DD *1.22 ◉0.0786 %0.102.00.00 (U)
Near-missPPX MiningPPXAuCA-26-34 ✓10.30.64 g/t6.68.00.03
Near-missPacifica SilverPSILAu26CLAU132D ✓6.34 ◉0.63 g/t4.06.30.05
Near-missVior GoldVIOAuKN-26-001 ✓1.84.92 g/t8.98.90.21
Near-missVior GoldVIOAuKN-26-014 ✓0.513.3 g/t6.76.70.16
Near-missVior GoldVIOAuKN-26-004 ✓2.52.43 g/t6.16.10.15
Includes narrow high-grade intervals and long low-grade zones just under the Good threshold. Myriad Uranium values are downhole-gamma eU3O8, not chemical assays.
✓ True width stated or estimated 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: 500 / 2,000 / 10,000 g/t·m  ·  Zn+Pb: 50 / 150 / 300 %·m  ·  U₃O₈: 0.15 / 0.75 / 5 %·m
AuEq: Au $3,200/oz · Ag $33/oz · Cu $13,700/t · APT $3,300/mtu · NdPr $70/kg · GT/MCap uses approximate C$ market caps at October 28, 2026
Silver and zinc GT/MCap ratios are cross-metal and not comparable with gold.
Not Screened
Pacifica Silver (PSIL · CSE · C$79M) — Claudia, Mexico. Best intercept: 5.04 m of 8.72 g/t Au and 49 g/t Ag. Only the holes quoted in the release text are itemised in the table above; the remainder of the 27-hole table is not.

Banyan Gold (BYN · TSX-V · C$844M) — AurMac, Yukon. 47 of 198 holes reported; the table above itemises the longer and higher-GT intervals only.

Newcore Gold (NCAU · TSX-V · C$115M) — Enchi, Ghana. NBDD092 reported in text only (e.g. 13.0 m at 0.32 g/t Au) with no depths; not itemised. Ghana is not in the jurisdiction tier list and is flagged as moderate.

Coverage — Not every release published today was reviewed. Anything missed will be picked up in the next issue.
THE FIRST ASSAY
thefirstassay.com
Au $3,200/oz · Ag $33/oz · Cu $13,700/t · APT $3,300/mtu
Not investment advice.
Archived: Google Sheets