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
GreatAuEq·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
| Rating | Company | Metal | Hole | m | Grade | GT | AuEq·m | GT/MCap |
|---|---|---|---|---|---|---|---|---|
| Great ★ | Blossom GoldBGAU | Au | RC26-012 ✓ | 128 ◉ | 1.187 g/t | 151.9 | 151.9 | 0.88 |
| Great | Blossom GoldBGAU | Au | RC26-012 ✓ | 37.1 | 2.818 g/t | 104.5 | 104.5 | 0.61 |
| Great | Newcore GoldNCAU | Au | NBDD093 ✓ ~ | 37 | 2.16 g/t | 79.9 | 79.9 | 0.69 |
| Great | Blossom GoldBGAU | Au | RC26-007 ✓ | 233.1 ◉ | 0.28 g/t | 65.3 | 65.3 | 0.38 |
| Great | Headwater GoldHWG | Au | JC26-01 * | 46.33 | 1.34 g/t | 62.1 | 62.1 | 1.20 |
| Good | Newcore GoldNCAU | Au | NBDD093 ✓ ~ | 9 | 5.1 g/t | 45.9 | 45.9 | 0.40 |
| Great | PPX MiningPPX | Ag | CA-26-35 ✓ | 19.2 ◉ | 434.7 g/t | 8,346 | 121.6 | 35.41 (Ag) |
| Good | BP SilverBPAG | Ag | CO-0019 * ~ | 10 ◉ | 183.62 g/t | 1,836 | 24.9 | 28.83 (Ag) |
| Great | Myriad UraniumM | U | HES0001BDD * | 34.29 ◉ | 0.0399 % | 1.37 | 27.9 | 0.03 (U) |
| Good | BP SilverBPAG | Zn | CO-0016 * ~ | 96 ◉ | 1.37 % | 131.5 | 48.4 | 2.06 (Zn) |
↗ View all 53 intercepts in Google Sheets +43 not shown (BGAU, BPAG, BYN, DYG, M, NCAU, PPX, PSIL, VIO)
Near-Miss
| Near-miss | Blossom GoldBGAU | Au | RC26-011 ✓ | 10.6 ◉ | 0.65 g/t | 6.9 | 6.9 | 0.04 |
| Near-miss | Blossom GoldBGAU | Au | RC26-011 ✓ | 30.1 ◉ | 0.221 g/t | 6.7 | 6.7 | 0.04 |
| Near-miss | Blossom GoldBGAU | Au | RC26-012 ✓ | 14.4 ◉ | 0.397 g/t | 5.7 | 5.7 | 0.03 |
| Near-miss | Banyan GoldBYN | Au | AX-26-915 ✓ | 27.5 ◉ | 0.31 g/t | 8.5 | 8.5 | 0.01 |
| Near-miss | Banyan GoldBYN | Au | AX-26-913 ✓ | 7.3 ◉ | 0.82 g/t | 6.0 | 6.0 | 0.01 |
| Near-miss | Banyan GoldBYN | Au | AX-26-908 ✓ | 6.9 ◉ | 0.84 g/t | 5.8 | 5.8 | 0.01 |
| Near-miss | Dynasty GoldDYG | Au | DP26-07 * | 16.6 | 0.6 g/t | 10.0 | 10.0 | 1.12 |
| Near-miss | Dynasty GoldDYG | Au | DP26-04 * | 10.5 ◉ | 0.81 g/t | 8.5 | 8.5 | 0.96 |
| Near-miss | Dynasty GoldDYG | Au | DP26-04 * | 15 ◉ | 0.54 g/t | 8.1 | 8.1 | 0.91 |
| Near-miss | Myriad UraniumM | U | HES0001BDD * | 1.22 ◉ | 0.1079 % | 0.13 | 2.7 | 0.00 (U) |
| Near-miss | Myriad UraniumM | U | HES0002DD * | 2.59 ◉ | 0.0486 % | 0.13 | 2.6 | 0.00 (U) |
| Near-miss | Myriad UraniumM | U | HES0002DD * | 2.59 ◉ | 0.0414 % | 0.11 | 2.2 | 0.00 (U) |
| Near-miss | Myriad UraniumM | U | ARR0003DD * | 1.22 ◉ | 0.0786 % | 0.10 | 2.0 | 0.00 (U) |
| Near-miss | PPX MiningPPX | Au | CA-26-34 ✓ | 10.3 | 0.64 g/t | 6.6 | 8.0 | 0.03 |
| Near-miss | Pacifica SilverPSIL | Au | 26CLAU132D ✓ | 6.34 ◉ | 0.63 g/t | 4.0 | 6.3 | 0.05 |
| Near-miss | Vior GoldVIO | Au | KN-26-001 ✓ | 1.8 | 4.92 g/t | 8.9 | 8.9 | 0.21 |
| Near-miss | Vior GoldVIO | Au | KN-26-014 ✓ | 0.5 | 13.3 g/t | 6.7 | 6.7 | 0.16 |
| Near-miss | Vior GoldVIO | Au | KN-26-004 ✓ | 2.5 | 2.43 g/t | 6.1 | 6.1 | 0.15 |
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.
⚠ 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.
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.
Not investment advice.
Archived: Google Sheets