The First Assay Tuesday Drill Digest TSX · TSX-V · CSE · NYSE-A · Nasdaq · November 10, 2026 | 14 companies 106 qualifying holes 5 jurisdictions |
Fourteen companies cleared the screen across five jurisdictions, and copper carried the day: American Eagle's NAK porphyry (844 m at 0.30% CuEq), Gunnison's Johnson Camp and Arras's Berezski all rated Great or Exceptional, though on large tonnage rather than headline grade. In gold, Gold X2 hit 258 m at 0.97 g/t at Moss and Collective's Apollo step-outs added 44.6 m at 5.75 g/t AuEq. Late-week catch-up rows from Heliostar and Sunshine Silver are tagged in the sheet; coverage of the day's releases may be incomplete.
⚑ Hole of the Day
◉ Shallow · From 58m Infill · Resource Canada · Stable Porphyry Cu-Au
American Eagle Gold AE TSX-V · C$239M NAK (Babine district), Canada NAK26-92: 844m of 0.30% CuEq* from 58m incl. 410m of 0.37% CuEq from 188m |
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American Eagle's NAK26-92 returned 844 m at 0.30% CuEq (0.17% Cu, 0.06 g/t Au) from 58 m, a bulk-tonnage porphyry intercept that starts near surface and so fits open-pit logic. At GT 253 %·m it is the largest hole of the day by the rule, and on an approximate C$239M market cap it scores 1.06× GT/MCap; it ranks #3 of 128 Cu holes in the last 30 days. Caveat: this is scale, not grade. 0.30% CuEq is thin, the company's own higher-grade core is 410 m at 0.37% CuEq, and the market cap is stale, so the ratio is soft. It is an infill hole in the Phase 1 grid, which adds continuity rather than new discovery. Canada is a stable jurisdiction. Watch the Phase 2 step-outs now drilling, which are what would actually move the footprint.
* Drilled widths — true width not determined.
GT/MCap Spotlight — Top 5
Au and Cu metrics are on different price bases — not directly comparable. Evergold and Thunder Gold ratios rest on small, approximate market caps (Evergold especially) and should be read with caution; the cleanest large-cap ratios are GreenLight and Canterra.
EVER GL26-033 Au ◉9.60×
EVER GL26-032 Au ◉9.49×
TGOL TM26-225 Au ◉ ✓4.33×
GRL B26-016 Cu ✓2.95×
CTM LM-26-172 Cu ✓2.29×
◉ From depth ≤200m (shallow) · ✓ True width stated · ★ HOTD
Today's Qualifying Intercepts — Top 10 of 106
| Rating | Company | Metal | Hole | m | Grade | GT | AuEq·m | GT/MCap |
|---|---|---|---|---|---|---|---|---|
| Exceptional ★ | American Eagle GoldAE | Cu | NAK26-92 * | 844 ◉ | 0.17% Cu + 0.06 g/t Au | 253.2 | 337.3 | 1.06 (Cu) |
| Exceptional | American Eagle GoldAE | Cu | NAK26-97 * | 711 ◉ | 0.15% Cu + 0.09 g/t Au | 227.5 | 303.0 | 0.95 (Cu) |
| Exceptional | Collective MiningCNL | Au | APC171-D3 * | 44.55 | 5.58 g/t Au + 8 g/t Ag | 256.2 | 256.2 | 0.17 |
| Exceptional | Gold X2 MiningAUXX | Au | MQD-26-475 ✓ | 258.35 | 0.97 g/t Au | 250.6 | 250.6 | 0.60 |
| Exceptional | Arras MineralsARK | Cu | EL26045 * ~ | 705 ◉ | 0.23% CuEq | 162.2 | 216.1 | 1.11 (Cu) |
| Exceptional | Thunder GoldTGOL | Au | TM26-225 ✓ | 388.5 ◉ | 0.531 g/t Au | 206.3 | 206.3 | 4.33 |
| Great | Arras MineralsARK | Cu | EL26046 * ~ | 338 | 0.44% CuEq | 148.7 | 198.1 | 1.01 (Cu) |
| Great | Collective MiningCNL | Au | APC164-D5 * | 117.8 | 1.59 g/t Au | 187.3 | 187.3 | 0.12 |
| Great | Gunnison CopperGCU | Cu | SHM-2 ✓ | 94.79 ◉ | 1.39% Cu + 2.29% Zn + 6.41 g/t Ag | 131.8 | 175.6 | 0.57 (Cu) |
| Great | Gold X2 MiningAUXX | Au | MQD-26-477 ✓ | 192 | 0.90 g/t Au | 172.8 | 172.8 | 0.41 |
↗ View all 106 intercepts in Google Sheets+96 not shown; 27 near-misses also archived
✓ 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 · Cu: Good >20, Great >40, Exceptional >150 %·m
AuEq: Au $3,200/oz · Ag $33/oz · Cu $13,700/t · GT/MCap uses C$ market caps as at November 10, 2026 (approximate; several are stale). Reported CuEq/AuEq grades are the companies' own, on their own price decks. Bulk low-grade intervals can rate highly on thickness alone.
GT thresholds — Au: Good >10, Great >50, Exceptional >200 g/t·m · Cu: Good >20, Great >40, Exceptional >150 %·m
AuEq: Au $3,200/oz · Ag $33/oz · Cu $13,700/t · GT/MCap uses C$ market caps as at November 10, 2026 (approximate; several are stale). Reported CuEq/AuEq grades are the companies' own, on their own price decks. Bulk low-grade intervals can rate highly on thickness alone.
Not Screened
Group Eleven Resources (ZNG · TSX-V · mkt cap n/a) — Ballywire, Ireland. Germanium re-assay of previously drilled core (peak 155 g/t Ge); no Ge threshold in the framework and not new drilling.
Sun Valley Minerals (SUNV · TSX-V) — Tarumán Main, Uruguay. Trench results (best 23.65 m at 10.03 g/t Au), not drilling; drill assays pending.
Fortune Bay (FOR · TSX-V) / Manhattan Uranium (MANU · TSX-V) — Murmac and Strike, Saskatchewan. Handheld gamma readings only, peak 1,890 cps, below the radiometric inclusion bar; assays pending.
Sunshine Silver Mining & Refining (SSMR · NYSE) — Rows archived on vein true width; drilled depths and market cap were not available, so GT/MCap is blank and these are excluded from Hole of the Day.
Sonoro Gold (SGO · TSX-V), Copper One — Earlier-week items still unresolved: unlabelled hole intervals (Sonoro) and no assays reported (Copper One). Carried forward.
Outside coverage — FireFly Metals — primary listing outside the covered exchanges, skipped.
Sun Valley Minerals (SUNV · TSX-V) — Tarumán Main, Uruguay. Trench results (best 23.65 m at 10.03 g/t Au), not drilling; drill assays pending.
Fortune Bay (FOR · TSX-V) / Manhattan Uranium (MANU · TSX-V) — Murmac and Strike, Saskatchewan. Handheld gamma readings only, peak 1,890 cps, below the radiometric inclusion bar; assays pending.
Sunshine Silver Mining & Refining (SSMR · NYSE) — Rows archived on vein true width; drilled depths and market cap were not available, so GT/MCap is blank and these are excluded from Hole of the Day.
Sonoro Gold (SGO · TSX-V), Copper One — Earlier-week items still unresolved: unlabelled hole intervals (Sonoro) and no assays reported (Copper One). Carried forward.
Outside coverage — FireFly Metals — primary listing outside the covered exchanges, skipped.
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