The First Assay
Thursday Drill Digest
TSX · TSX-V · CSE · NYSE-A · Nasdaq  ·  October 29, 2026
8 companies
53 qualifying holes
3 jurisdictions

Gold-led and Canada-heavy: eight companies clear the screen, with Westhaven's Shovelnose South Zone (23 m of 6.69 g/t Au + 42 g/t Ag, BC) and Miata's Jons Trend hit in Suriname (13.6 m of 10.33 g/t Au) the standout widths, and NorthWest Copper's 73.9 m at 1.39% CuEq at Kwanika the only porphyry-Cu result screened. Talisker's Bralorne composites carry the highest grades (79.2 g/t over 2.1 m) but are narrow underground infill. Screening reflects the releases itemised below; other releases may exist, so this is not a complete read of the day's newsflow.

⚑ Hole of the Day
◉ Shallow · From 193mCanada · StableEpithermal
Westhaven Ventures WHN TSX-V · C$70M
Shovelnose (South Zone), British Columbia, Canada
SNR26-149: 23.0m of 6.69 g/t Au + 42 g/t Ag* from 193m
GT
153.9 g/t·m
Great
AuEq·m
163.8
Au basis (+Ag)
GT/MCap
2.21×
(Au)
Deposit
Epithermal
23 m of 6.69 g/t Au and 42 g/t Ag from 193 m (est. 70–80% true width) in quartz-vein and breccia-hosted epithermal-style mineralisation at the South Zone. GT of 153.9 g/t·m rates Great (AuEq 163.8 g/t·m) and sits at 2.21× GT/MCap on an approximate C$70M market cap. From 193 m it is a mix of near-surface and underground-scale mineralisation rather than a clean open-pit case. Hole context is not stated, but the same release carries SNR26-125 (5.5 m of 16.51 g/t Au + 134 g/t Ag) and SNR26-123 (14.6 m of 4.38 g/t Au), so it is not a one-hole story. Ranks #84 of 1,361 Au results over the past 30 days by AuEq·m. Canada is a stable jurisdiction. Watch: ten further exploration holes (5,008 m) drilled below and north of the zone with assays still to come.
* Drilled widths — true width est. 70–80%, not determined per interval.
GT/MCap Spotlight — Top 5
Au and Cu metrics are on different price bases — not directly comparable across metals.
WHN SNR26-149 Au ◉ ★ HOTD2.21×
NWST K-26-260 Cu ✓1.34×
WHN SNR26-125 Au ◉1.31×
MMET 26DDH-JT-026 Au ◉ ✓ ~1.23×
TSK UB-2026-060 Au ◉0.94×
◉ From depth ≤200m (shallow)  ·  ⚠ High jurisdiction risk  ·  ~ Moderate jurisdiction risk  ·  ✓ True width stated  ·  ★ HOTD
Westhaven SNR26-149 leads at 2.21× GT/MCap, followed by NorthWest Copper's Kwanika hole (1.34×, on a CuEq basis, so not comparable to the gold names) and Miata's JT-026 at 1.23×. Market caps are approximate and several are weeks old (Imperial, Laurion), so treat the ratios as indicative.
Today's Qualifying Intercepts — Top 10 of 53
Rating Company Metal Hole m Grade GT AuEq·m GT/MCap
GreatTalisker ResourcesTSKAuUB-2026-060*2.1 ◉79.23 g/t Au166.4166.40.94
Great ★Westhaven VenturesWHNAuSNR26-149*23 ◉6.69 g/t Au + 42 g/t Ag153.9163.82.21
GreatMiata MetalsMMETAu26DDH-JT-026 ✓ ~13.59 ◉10.33 g/t Au140.4140.41.23
GreatLuca MiningLUCAAuTRT26-15*18.7 ◉AuEq 6.28 g/t117.4117.40.40
GreatWesthaven VenturesWHNAuSNR26-125*5.53 ◉16.51 g/t Au + 134 g/t Ag91.398.91.31
GreatWesthaven VenturesWHNAuSNR26-123*14.594.38 g/t Au + 28 g/t Ag63.968.10.92
GreatLuca MiningLUCAAuDDH26-SGO-12*11.6 ◉AuEq 5.21 g/t60.460.40.21
GreatImperial MetalsIIIAuPI-26-10*45.5 ◉1.24 g/t Au + 0.82 g/t Ag56.456.80.04
GreatTalisker ResourcesTSKAuUB-2026-060*2.45 ◉21.2 g/t Au51.951.90.29
GoodLuca MiningLUCAAuDDH26-RCE-02*23 ◉AuEq 2.1 g/t48.348.30.17
↗ View all 53 intercepts in Google Sheets+43 not shown, incl. Great: NWST K-26-260 (Great, 0.76×), NWST K-26-260 (Great, 1.34×)
Near-Miss
Near-missNorthWest CopperNWSTCuK-26-258 ✓10.8CuEq 1.01% (Cu 0.33%, Au 0.62 g/t)10.914.50.14 (Cu)
Near-missMiata MetalsMMETAu26DDH-JT-027 ✓ ~3.6 ◉2.63 g/t Au9.59.50.08
Near-missLuca MiningLUCAAuTRT26-14*1.8 ◉AuEq 5.02 g/t990.03
Near-missMidland ExplorationMDAuWB-26-048*5.65 ◉1.55 g/t Au8.88.80.20
Near-missImperial MetalsIIIAuPI-26-08*2.3 ◉3.63 g/t Au + 1.44 g/t Ag8.38.40.01
Five of 19 near-misses shown; the rest are in the archive.
✓ 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 October 29, 2026
REE AuEq requires NdPr% disclosure; "N/A" if basket not specified. Deposit type shown under metal symbol.
⚡ Radiometrics — Assays Pending
Scintillometer readings — not assays. Counts-per-second is instrument-specific and non-linear; it is not grade, and these readings are not screened, rated, or archived.
Aventis Energy AVE CSE · C$4.2M Canada · Stable
Corvo Uranium, Saskatchewan · basement-hosted, structure-controlled
Manhattan East outcrop: 20,000–48,000 cps (handheld, surface)
Manhattan NE 30,000 cps · Brooklyn trend up to 36,000 cps
56 readings above the issuer’s 300 cps anomalous threshold, 8 above 10,000 cps · RS-125 spectrometer · surface grab samples, not drill holes · assays pending
The issuer states scintillometer readings are not equivalent to uranium grade and that grab samples are selective. Prior readings at the same showing were up to 10,600 cps.
Not Screened
Total Metals (TT · TSX-V) — High Lake (Purdex Zone), Ontario. Historical holes re-presented (e.g. MLHL-22-06: 14.9 m of 24.96 g/t Au); no new assays — three new holes pending. Not new drilling, so not screened.

Cantex Mine Development (CD · TSX-V · C$45M) — North Rackla, Yukon. Headline: 14 m containing 4 m of 29.45% Pb+Zn; assay table not itemised in this issue, so not screened.

Lux Metals (LXM · TSX-V) and Vior Gold (VIO · TSX-V) — New releases re-report intercepts already carried in earlier issues (LG26-241 with Cu now added; Kinebik holes) — not counted twice.

Dundee Corporation (DC.A · TSX) — Reports the same Shovelnose South Zone results shown above under Westhaven — not counted twice.

Imperial Metals (III · TSX) — Counted above; the 5 m of 5.51 g/t Au headline sits inside the 45.5 m interval and is shown as a sub-interval.
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 ·