The First Assay Friday Drill Digest TSX · TSX-V · CSE · NYSE-A · Nasdaq · October 30, 2026 | 3 companies 45 qualifying holes 3 jurisdictions |
Three companies cleared the screen in a light Friday session, led by Orvana's El Valle-Boinas gold-copper programme in Spain, where a 23.2 m Breccia East interval at 10.68 g/t Au is the only Exceptional result of the day. Cantex put a Great-rated Pb-Zn intercept on the board in the Yukon (14 m at 11% combined Pb+Zn, with a 4 m core at 29.45%), and Mithril's Copalquin step-outs in Mexico are Ag-dominant bonanza-style narrow hits that top the GT/MCap table only because of silver's unit scale. Early-session coverage is partial, so read this as a snapshot of the morning rather than the full day.
⚑ Hole of the Day
◉ Shallow · From 124.9m Infill · Resource Spain · Stable
Orvana Minerals ORV TSX · C$309M approx. El Valle-Boinas (Breccia East), Spain 26BX1118: 23.2m of 10.68 g/t Au and 0.27% Cu from 124.9m | GT 247.8 g/t·m ExceptionalAuEq·m 256.1 Au + Cu basis GT/MCap 0.80× (Au) |
Orvana's 26BX1118 returned 23.2 m of 10.68 g/t Au and 0.27% Cu from 124.9 m in the Breccia East zone, a 256 AuEq·m result with a stated true width of 15.08 m (roughly two-thirds of the drilled length). It sits at 124.9 m downhole, so it is shallow enough to read as open-pit-scale grade in a skarn-breccia system, and it is infill, so it tightens an existing resource rather than opening new ground. At an approximate C$309M market cap the GT/MCap is 0.80× — respectable for a producer-scale name, and the best clean Au ratio on the sheet. It ranks #39 of 1,099 gold results over the last 30 days. The same hole also cut 5.6 m at 15.77 g/t and 1.6 m at 42.77 g/t, and 26BX1120 added 5.55 m at 16.77 g/t Au with 1.92% Cu. Caveat: the company reports only Au intervals above 1.5 g/t, so grades are selective; five Breccia East holes (26BX1123–1127) are still pending.
GT/MCap Spotlight — Top 5
Lead with a caveat: the two Mithril entries are narrow Ag results and are not comparable to the Au and Pb-Zn names. Best clean ratio is Orvana 26BX1118 at 0.80×.
| MSG CO26-006 Ag ◉ | 29.61× |
| MSG CO26-009 Ag ◉ | 22.89× |
| CD YKDD26-356 Zn+Pb | 4.29× |
| ORV 26BX1118 Au ◉ ★ HOTD | 0.80× |
| ORV 26BX1094 Au ◉ | 0.65× |
◉ From depth ≤200m (shallow) · ★ HOTD
Today's Qualifying Intercepts — Top 8 of 45
| Rating | Company | Metal | Hole | m | Grade | GT | AuEq·m | GT/MCap |
|---|---|---|---|---|---|---|---|---|
| Exceptional ★ | Orvana MineralsORV | Au | 26BX1118 ✓ ◉ | 23.2 | 10.68 g/t Au | 247.8 | 256.1 | 0.80 |
| Great | Orvana MineralsORV | Au | 26BX1094 ✓ ◉ | 5.0 | 39.85 g/t Au | 199.2 | 201.5 | 0.65 |
| Great | Orvana MineralsORV | Au | 26BX1120 ✓ ◉ | 5.55 | 16.77 g/t Au | 93.1 | 107.3 | 0.30 |
| Good | Mithril Silver and GoldMSG | AgEpithermal | CO26-006* ◉ | 1.15 | 855 g/t Ag | 983.2 | 17.2 | 29.61 (Ag) |
| Good | Mithril Silver and GoldMSG | AgEpithermal | CO26-006* ◉ | 2.65 | 305.6 g/t Ag | 809.8 | 15.6 | 24.39 (Ag) |
| Good | Mithril Silver and GoldMSG | AgEpithermal | CO26-009* ◉ | 0.5 | 1520 g/t Ag | 760.0 | 12.4 | 22.89 (Ag) |
| Great | Cantex Mine DevelopmentCD | Zn+PbAg-Pb-Zn | YKDD26-356* | 14 | 10.99% Pb+Zn | 153.9 | 42.4 | 4.29 (Zn+Pb) |
| Good | Cantex Mine DevelopmentCD | Zn+PbAg-Pb-Zn | YKDD26-356* | 4 | 29.45% Pb+Zn | 117.8 | 31.8 | 3.29 (Zn+Pb) |
↗ View all 45 intercepts in Google Sheets
+37 not shown: further Orvana intervals across Breccia East, Area 208, Boinas East and Carles Northwest, rated Great and Good (best: 26A22025 14.3m @ 4.50 g/t, 26BX1121 18.95m @ 2.97 g/t). 24 Orvana near-miss intervals (GT 5–10 g/t·m) are also in the sheet.
✓ True width stated · * Drilled width — true width not determined · ◉ From ≤200m (shallow)
GT thresholds — Au: Good >10, Great >50, Exceptional >200 g/t·m · Ag: Good >500, Great >2,000 g/t·m · Zn+Pb: Good >50, Great >150 %·m
AuEq: Au $3,200/oz · Ag $33/oz · Cu $13,700/t · Zn $3,000/t · Pb $2,000/t · GT/MCap uses C$ mkt cap at October 30, 2026
GT thresholds — Au: Good >10, Great >50, Exceptional >200 g/t·m · Ag: Good >500, Great >2,000 g/t·m · Zn+Pb: Good >50, Great >150 %·m
AuEq: Au $3,200/oz · Ag $33/oz · Cu $13,700/t · Zn $3,000/t · Pb $2,000/t · GT/MCap uses C$ mkt cap at October 30, 2026
Not Screened
Core Silver (CC · CSE · C$11M approx.) — Touleary, Yukon. Visual sulphide logging only (e.g. TL-26-011: 21.5 m broad sulphide zone, 11.5 m massive); grades pending assays.
Total Metals (TT · TSX-V · mkt cap n/a) — High Lake, Ontario. First Purdex Zone holes completed; no new assays. Historical intercepts re-cited only.
North Atlantic Critical Metals (NACM · TSX-V · mkt cap n/a) — Pokiok, New Brunswick. Five-hole antimony programme progress update; no assays reported.
Orvana / Cantex / Mithril — Market caps approximate; Mithril figure low confidence. Cantex result carried from yesterday (catch-up).
Total Metals (TT · TSX-V · mkt cap n/a) — High Lake, Ontario. First Purdex Zone holes completed; no new assays. Historical intercepts re-cited only.
North Atlantic Critical Metals (NACM · TSX-V · mkt cap n/a) — Pokiok, New Brunswick. Five-hole antimony programme progress update; no assays reported.
Orvana / Cantex / Mithril — Market caps approximate; Mithril figure low confidence. Cantex result carried from yesterday (catch-up).
Week in Review — Oct 26 to Oct 30
| Day | Rating | Company | Metal | Hole | GT | AuEq·m |
|---|---|---|---|---|---|---|
| Tue | Exceptional | Goldsky GSKR | Au | PAL0433 | 2942.9 | 2942.9 |
| Tue | Exceptional | Lundin Gold LUG | Au | FDN-C26-535 | 1367.0 | 1367.0 |
| Tue | Exceptional | Lundin Gold LUG | Au | BLP-2026-559 | 800.7 | 800.7 |
| Tue | Exceptional | Lundin Gold LUG | Au | FDN-C26-537 | 778.2 | 778.2 |
| Tue | Exceptional | Copper Giant CGNT | Cu | MD-074 | 564.7 | 752.2 |
| Tue | Exceptional | Lundin Gold LUG | Au | FDN-C26-508 | 484.1 | 484.1 |
| Tue | Exceptional | IAMGOLD IMG | Au | ML-26-318 | 362.1 | 362.1 |
| Tue | Exceptional | Copper Giant CGNT | Cu | MD-075 | 265.6 | 353.8 |
| Tue | Exceptional | Lundin Gold LUG | Au | FDN-C26-537 | 326.3 | 326.3 |
| Tue | Exceptional | Lundin Gold LUG | Au | FDN-C26-542 | 314.1 | 314.1 |
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