The First Assay
Thursday Drill Digest
TSX · TSX-V · CSE · NYSE-A · Nasdaq · November 5, 2026
11 companies · 59 qualifying holes · 4 jurisdictions
Eleven companies cleared the screen on a day dominated by one outlier: Graycliff's J-62-26 at Shakespeare, Ontario, returned 6 m of 115 g/t Au, but 551 g/t over a single metre is 80% of that total and the company's market cap is tiny, so treat the ratio as a nugget-effect flag, not a valuation. Underneath it the day was broad: Globex's near-surface Duquesne West holes (up to 173.6 g/t·m) and Goliath's Surebet campaign anchor the gold, IsoEnergy posted three Exceptional uranium intercepts at Larocque East, and Edge Copper reported five hundred-metre-class porphyry intervals beneath the Zonia oxide pit. Coverage is not exhaustive: a few releases could not be confirmed and are listed under Not Screened.
⚑ Hole of the Day
◉ Shallow · From 118.0mExtension · Step-outCanada · Stable
Graycliff Exploration GRAY CSE · C$5.1M
Shakespeare, Canada (Ontario)
J-62-26: 6.0m of 115.25 g/t Au * from 118.0m
incl. 1.0m of 551.00 g/t from 119.0m
GT 691.5 g/t·m Exceptional | AuEq·m 691.5 Au basis | GT/MCap 135.59× (Au) |
Six metres grading 115.25 g/t Au from 118 m is shallow, open-pit-depth material in a historic Sudbury-area gold camp, and it sits in a step-out hole rather than an infill. GT/MCap of 135.6× looks absurd because the market cap used is C$5.1M and likely stale; the larger caveat is grade distribution: one 1 m sample at 551 g/t Au carries ~80% of the intercept, and the rest of the interval averages roughly 22 g/t over 5 m, which is still strong. J-63-26 (6 m @ 16.19 g/t) and J-65-26 (10 m @ 8.09 g/t) confirm the zone, and five of five new holes returned gold. It ranks #10 of 1,430 Au results in the past 30 days. Drilled widths only; true width is not determined. Watch for a resource-grade pattern as infill holes test whether the 551 g/t sample is repeatable.
* Drilled widths — true width not determined.
GT/MCap Spotlight — Top 5
The top two are silver-equivalent polymetallic results on a C$8.5M market cap and are not comparable with the gold names. Best clean gold ratio: Graycliff J-62-26 (HOTD), on a tiny, approximate market cap. Au, Ag, Cu and U metrics are on different price bases.
CFE DGL-05 Ag ◉ ~185.76×
CFE DGL-06 Ag ◉ ~170.82×
GRAY J-62-26 Au ◉ ★ HOTD135.59×
GRAY D-26 Au ◉22.49×
GRAY J-63-26 Au ◉19.04×
◉ From depth ≤200m (shallow) · ~ Moderate jurisdiction risk · ✓ True width stated · ★ HOTD
Today's Qualifying Intercepts — Top 10 of 59
| Rating | Company | Metal | Hole | m | Grade | GT | AuEq·m | GT/MCap |
|---|---|---|---|---|---|---|---|---|
| Exceptional ★ | Graycliff ExplorationGRAY | Au | J-62-26 * | 6.0 ◉ | 115.25 g/t Au | 691.5 | 691.5 | 135.59 |
| Great | Globex MiningGMX | Au | DQ26-61 * | 24.8 ◉ | 7.0 g/t Au | 173.6 | 173.6 | 1.53 |
| Great | Graycliff ExplorationGRAY | Au | D-26 * | 4.0 ◉ | 28.68 g/t Au | 114.7 | 114.7 | 22.49 |
| Great | Graycliff ExplorationGRAY | Au | J-63-26 * | 6.0 ◉ | 16.19 g/t Au | 97.1 | 97.1 | 19.04 |
| Great | Goliath ResourcesGOT | Au | GD-26-498 ✓ | 6 | 14.61 g/t AuEq | 87.7 | 87.7 | 0.28 |
| Great | Globex MiningGMX | Au | DQ26-63 * | 18.9 ◉ | 4.0 g/t Au | 75.6 | 75.6 | 0.67 |
| Great | Globex MiningGMX | Au | DQ26-57 * | 8.4 ◉ | 8.7 g/t Au | 73.1 | 73.1 | 0.64 |
| Good | Gold Terra ResourceYGT | AuOrogenic | GTCM26-061A * | 7.3 | 6.61 g/t Au | 48.6 | 48.6 | 0.46 |
| Good | Goliath ResourcesGOT | Au | GD-26-490 ✓ | 4 | 11.88 g/t AuEq | 47.5 | 47.5 | 0.15 |
| Good | Goliath ResourcesGOT | Au | GD-26-465 ✓ | 20 | 2.01 g/t AuEq | 40.2 | 40.2 | 0.13 |
↗ View all 59 intercepts in Google Sheets
+49 not shown, incl. every Ag, Cu and U result: GRAY J-65-26 (Great, 15.86×), GMX DQ26-59 (Great, 0.46×), GOT GD-26-455 (Good, 0.12×), USGD M26RC-01 (Good, 1.04×), TWR RN-25-081 (Good, 1.29×), GMX DQ26-62 (Good, 0.26×), GOT GD-26-442 (Good, 0.09×), GOT GD-26-486 (Good, 0.08×) and 41 more
Near-Miss
| Near-Miss | Silver Bow MiningSBMT | AgOther | SBM26-05 ✓ | 1.4 ◉ | 252.1 g/t AgEq | 353 | 3.6 | 1.31 (Ag) |
| Near-Miss | Cartier SilverCFE | AgOther | DGL-04 * ~ | 8.0 | 43.78 g/t AgEq | 348 | 3.6 | 40.94 (Ag) |
| Near-Miss | Goliath ResourcesGOT | Au | GD-26-476 ✓ | 3.0 ◉ | 3.0 g/t AuEq | 8.9 | 8.9 | 0.03 |
| Near-Miss | Tower ResourcesTWR | AuOrogenic | RN-25-079 * | 3.1 | 2.82 g/t Au | 8.7 | 8.7 | 0.36 |
| Near-Miss | Goliath ResourcesGOT | Au | GD-26-469 ✓ | 5.1 | 1.64 g/t AuEq | 8.3 | 8.3 | 0.03 |
| Near-Miss | Goliath ResourcesGOT | Au | GD-26-476 ✓ | 7 | 1.15 g/t AuEq | 8.0 | 8.0 | 0.03 |
| Near-Miss | Tower ResourcesTWR | AuOrogenic | RN-25-079 * | 35.8 ◉ | 0.17 g/t Au | 6.1 | 6.1 | 0.25 |
| Near-Miss | FireFox GoldFFOX | AuOrogenic | 26MJ037 * | 2.7 ◉ | 2.15 g/t Au | 5.8 | 5.8 | 0.21 |
| Near-Miss | Tower ResourcesTWR | AuOrogenic | RN-25-080 * | 5.5 ◉ | 0.91 g/t Au | 5.0 | 5.0 | 0.21 |
✓ True width stated · * Drilled width — TW not determined · ◉ From ≤200m (shallow) · ~ Moderate jurisdiction risk
GT thresholds — Au: Good >10, Great >50, Exceptional >200 g/t·m · Ag: 500 / 2,000 / 10,000 g/t·m · Cu: 20 / 40 / 150 %·m · U₃O₈: 0.15 / 0.75 / 5 %·m
AuEq: Au $3,200/oz · Ag $33/oz · Cu $13,700/t · GT/MCap uses approximate C$ market caps at November 5, 2026; several are stale.
GT thresholds — Au: Good >10, Great >50, Exceptional >200 g/t·m · Ag: 500 / 2,000 / 10,000 g/t·m · Cu: 20 / 40 / 150 %·m · U₃O₈: 0.15 / 0.75 / 5 %·m
AuEq: Au $3,200/oz · Ag $33/oz · Cu $13,700/t · GT/MCap uses approximate C$ market caps at November 5, 2026; several are stale.
Not Screened
Domestic Metals (DMCU · TSX-V) — Smart Creek, Montana. Two holes logged with copper and sulphide observations; no assays reported yet.
Brixton Metals (BBB · TSX-V) — Camp Creek. Metallurgical recovery results, not drill assays.
NSJ Antimony (NSJ · CSE) — First-phase drilling completed; no assays reported.
Sunshine Silver Mining & Refining — Infill drilling programme completion announced; not read, listing and assays unconfirmed.
Fortune Bay / Manhattan Uranium — Murmac and Strike. Anomalous radioactivity reported in six holes; not read, no chemical assays confirmed.
IsoEnergy (ISO · TSX) — remaining holes — Larocque East summer-hole table (full listing) and sub-0.5 m samples are not itemised; only the principal assay intervals are shown.
Edge Copper (EDCU · TSX) — remaining holes — Only the principal hole intervals of the Zonia table are shown; others not itemised.
Brixton Metals (BBB · TSX-V) — Camp Creek. Metallurgical recovery results, not drill assays.
NSJ Antimony (NSJ · CSE) — First-phase drilling completed; no assays reported.
Sunshine Silver Mining & Refining — Infill drilling programme completion announced; not read, listing and assays unconfirmed.
Fortune Bay / Manhattan Uranium — Murmac and Strike. Anomalous radioactivity reported in six holes; not read, no chemical assays confirmed.
IsoEnergy (ISO · TSX) — remaining holes — Larocque East summer-hole table (full listing) and sub-0.5 m samples are not itemised; only the principal assay intervals are shown.
Edge Copper (EDCU · TSX) — remaining holes — Only the principal hole intervals of the Zonia table are shown; others not itemised.
THE FIRST ASSAY
thefirstassay.com · Not investment advice.
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