The First Assay
Wednesday Drill Digest
TSX · TSX-V · CSE · NYSE-A · Nasdaq · November 11, 2026 |
15 companies 117 qualifying holes 6 jurisdictions |
A heavy Wednesday with real metal diversity: 15 companies posted 117 qualifying intercepts across 6 countries, including four late-November 10 releases folded in today. Gold sets the scale — Awalé's 57 m at 10.6 g/t in Côte d'Ivoire and Goldsky's 204 m at 2.96 g/t (uncut) in Sweden land within half a gram-metre of each other — but the more interesting work is outside gold: Fitzroy's 64 m at 2.00% Cu under an old pit in Chile, Minsud's 696 m porphyry hole ending in 186 m at 0.48% Cu in San Juan, and a 223 m carbonatite REE intercept in Nebraska.
⚑ Hole of the Day
◉ Shallow · From 148mExtension · Step-outCôte d'Ivoire · Moderate Risk ~Breccia Au-Cu
|
Awalé Resources ARIC TSX-V · C$80M~
Odienné – Charger, Côte d'Ivoire
CHDD-68: 57m of 10.6 g/t Au ✓ from 148m
incl. 13m of 29.0 g/t Au from 189m
|
GT 604.2 g/t·m Exceptional |
AuEq·m 604.2 Au basis |
GT/MCap 7.55× (Au) |
30-day rank #11 of 1,037 Au intercepts |
CHDD-68 cut 57 m at 10.6 g/t Au from 148 m, carrying 20 m at 19.6 g/t and 13 m at 29.0 g/t — at the stated ~70% true-width ratio that is roughly 40 m true of very high-grade breccia, and it sits ~210 m southwest of the previous best holes and outside the current resource wireframe. That matters more than the grade: Awalé now describes Charger 1 and Charger 2 as one breccia-hosted Au-Cu system over ~300 m of strike and ~400 m vertical, and a step-out of this tenor outside the model is the kind of hole that re-rates tonnage, not just grade. At 148 m it is open-pit depth. GT of 604 g/t·m on a ~C$80M market cap gives 7.55×, and it ranks #11 of 1,037 gold intercepts in the last 30 days. Goldsky's SKI26001 (204.3 m at 2.96 g/t uncut) matched it on GT, but drops to ~496 g/t·m on a 30 g/t top-cut and is infill on a ~C$790M company — Awalé's is the step-out and the better value signal. Jurisdiction is the caveat: Côte d'Ivoire itself is workable, but Odienné sits in the northwest near the Guinea and Mali borders, both high-risk. Watch the 27 pending Charger holes for whether the 20 m high-grade core repeats along strike.
✓ True width ~70% of drilled length per company.
GT/MCap Spotlight — Top 5
Au, Ag, Cu and REE metrics are on different unit bases — not directly comparable across metals.
| SNAG HLD26-46 Ag ✓ | 34.78× |
| APXC RIFT26-026 TREO | 8.66× |
| ARIC CHDD-68 Au ◉ ✓ ~ ★ HOTD | 7.55× |
| TUD PS-26-36 Ag ◉ | 7.35× |
| FNAU HH26-005 Au | 5.96× |
Silver North's HLD26-46 tops the ratio at 34.8×, but it is a 3.8 m silver vein on a ~C$29M company and its g/t·m silver units are not comparable with gold or copper; Tudor's 4.2 m at 714 g/t Ag (7.35×) carries the same caveat. The best clean ratios are Apex's 223 m REE intercept (8.66×, basket not specified so no AuEq) and Awalé's CHDD-68 (7.55×), with Four Nines' 67 m at 1.78 g/t Au (5.96×, depths not disclosed) next.
◉ From depth ≤200m (shallow) · ⚠ High jurisdiction risk · ~ Moderate jurisdiction risk · ✓ True width stated · ★ HOTD
Today's Qualifying Intercepts — Top 10 of 117
| Rating | Company | Metal | Hole | m | Grade | GT | AuEq·m | GT/MCap |
|---|---|---|---|---|---|---|---|---|
| Exceptional | Goldsky ResourcesGSKR | Au | SKI26001* | 204.3 ◉ | 2.96 g/t Au | 604.7 | 604.7 | 0.77 |
| Exceptional ★ | Awalé ResourcesARIC | AuBreccia Au-Cu | CHDD-68 ✓ ~ | 57 ◉ | 10.6 g/t Au | 604.2 | 604.2 | 7.55 |
| Exceptional | Awalé ResourcesARIC | AuBreccia Au-Cu | CHDD-68 ✓ ~ | 20 ◉ | 19.6 g/t Au | 392.0 | 392.0 | 4.90 |
| Exceptional | Awalé ResourcesARIC | AuBreccia Au-Cu | CHDD-68 ✓ ~ | 13 ◉ | 29.0 g/t Au | 377.0 | 377.0 | 4.71 |
| Exceptional | Goldsky ResourcesGSKR | Au | SKI26001* | 75.3 ◉ | 4.61 g/t Au | 347.1 | 347.1 | 0.44 |
| Exceptional | Goldsky ResourcesGSKR | Au | SKI26001* | 87 ◉ | 2.58 g/t Au | 224.5 | 224.5 | 0.28 |
| Great | Four Nines GoldFNAU | AuEpithermal-LS | HH26-005* | 67.0 | 1.78 g/t Au, 13 g/t Ag | 119.3 | 128.2 | 5.96 |
| Great | Troilus MiningTLG | AuAu-Cu intrusio | 87-26-524 ✓ | 131 | 0.78 g/t AuEq (0.66 Au, 0.08% Cu) | 102.2 | 102.2 | 0.13 |
| Great | Tudor GoldTUD | AuEpithermal | PS-26-36* | 9.5 ◉ | 9.0 g/t Au, 9.66 g/t Ag | 85.5 | 86.4 | 0.21 |
| Great | Tudor GoldTUD | AuEpithermal | PS-26-34* | 37.5 ◉ | 2.25 g/t Au, 3.1 g/t Ag | 84.4 | 85.6 | 0.21 |
↗ View all 117 intercepts in Google Sheets
+107 not shown, incl.: TUD PS-26-36 (Great, 7.35×), SNAG HLD26-46 (Good, 34.78×), SNAG HLD26-46 (Good, 30.87×), APXC RIFT26-026 (Excep, 8.66×), APXC RIFT26-025 (Great, 4.72×), ARIC CHDD-68 (Excep, 2.60×), APXC RIFT26-028 (Great, 3.15×), APXC RIFT26-027 (Good, 2.71×), MSR CHDH26-174 (Excep, 1.53×), APXC RIFT26-027 (Good, 2.30×), APXC RIFT26-026 (Good, 2.11×), ARIC CHDD-68 (Great, 1.65×)…
Near-Miss — top 8 of 31
| Near-miss | Fitzroy MineralsFTZ | CuManto/breccia | BRT-DDH135 ✓ | 8 ◉ | 2.5% Cu | 20.0 | 26.6 | 0.12 (Cu) |
| Near-miss | NorthWest CopperNWST | CuPorphyry-Cu | K-26-302 ✓ | 30.3 ◉ | 0.64% CuEq (0.11% Cu, 0.49 g/t Au) | 19.4 | 25.8 | 0.26 (Cu) |
| Near-miss | Fitzroy MineralsFTZ | CuManto/breccia | BRT-DDH150 ✓ | 13 ◉ | 1.46% Cu | 19.0 | 25.3 | 0.11 (Cu) |
| Near-miss | Fitzroy MineralsFTZ | CuManto/breccia | BRT-DDH143 ✓ | 86 | 0.22% Cu | 18.9 | 25.2 | 0.11 (Cu) |
| Near-miss | Tudor GoldTUD | AuPorphyry-Au | PS-26-33* | 10.9 | 0.86 g/t Au, 4.12 g/t Ag | 9.4 | 9.8 | 0.02 |
| Near-miss | Tudor GoldTUD | AuPorphyry-Au | PS-26-35* | 3.9 | 2.34 g/t Au, 10.16 g/t Ag | 9.1 | 9.5 | 0.02 |
| Near-miss | Forge ResourcesFRG | AuPorphyry-Au | ALT-26-016* | 9 | 1.0 g/t Au, 2.26 g/t Ag, 0.031% Cu | 9.0 | 9.6 | 0.23 |
| Near-miss | Fitzroy MineralsFTZ | CuManto/breccia | BRT-DDH129 ✓ | 47 ◉ | 0.38% Cu | 17.9 | 23.8 | 0.10 (Cu) |
✓ 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 · Ag: Good >500, Great >2,000 g/t·m · TREO: Good >50, Great >200, Exceptional >500 %·m · Li₂O: Good >16 %·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 November 11, 2026 (approximate; USD converted at 1.40)
REE AuEq requires NdPr% disclosure; "N/A" if basket not specified. Deposit type shown under metal symbol.
⚠ 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 · Ag: Good >500, Great >2,000 g/t·m · TREO: Good >50, Great >200, Exceptional >500 %·m · Li₂O: Good >16 %·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 November 11, 2026 (approximate; USD converted at 1.40)
REE AuEq requires NdPr% disclosure; "N/A" if basket not specified. Deposit type shown under metal symbol.
Not Screened / Below Threshold
Radius Gold (RDU · TSX-V · C$16M) — Jonco, Peru. Best: 82m of 29.5 g/t Ag, 0.56% Pb, 0.50% Zn. Re-assay of 2006 drill core — not new drilling.
Visionary Copper and Gold (VCG · TSX-V · ~C$24M) — Kismet, Saskatchewan. Historical drill data only (best historic 3.3m of 5.50% Cu, 3.34% Zn); no new assays.
Rare Earths Americas (REA · NYSE-A · ~C$215M) — Homer-A, Brazil. Best: 12m of 0.24% TREO+Sc (HREO 35% of basket). Screened — saprolite-grade REE, below the TREO GT threshold.
Super Copper (CUPR · CSE · ~C$30M) — El Alto, Chile. Best: 10m of 0.58% CuEq (incl. 2m of 1.30% CuEq). Screened — below the Cu GT threshold; some depths not disclosed.
Leviathan Metals (LVX · TSX-V · ~C$81M) — Central, Botswana. Best: 2.2m of 0.31% Cu. Screened — below threshold.
Southern Cross Gold (SXGC · TSX) — Sunday Creek, Australia. Operational update; no hole-level assays.
Nevada Organic Phosphate (NOP · CSE) · Irving Resources (IRV · CSE) — Visual core logging only; assays pending.
Endurance Gold (EDG · TSX-V) — Reliance, BC — screened and archived from text-reported intervals; depths and some high-grade vein intercepts not disclosed.
Visionary Copper and Gold (VCG · TSX-V · ~C$24M) — Kismet, Saskatchewan. Historical drill data only (best historic 3.3m of 5.50% Cu, 3.34% Zn); no new assays.
Rare Earths Americas (REA · NYSE-A · ~C$215M) — Homer-A, Brazil. Best: 12m of 0.24% TREO+Sc (HREO 35% of basket). Screened — saprolite-grade REE, below the TREO GT threshold.
Super Copper (CUPR · CSE · ~C$30M) — El Alto, Chile. Best: 10m of 0.58% CuEq (incl. 2m of 1.30% CuEq). Screened — below the Cu GT threshold; some depths not disclosed.
Leviathan Metals (LVX · TSX-V · ~C$81M) — Central, Botswana. Best: 2.2m of 0.31% Cu. Screened — below threshold.
Southern Cross Gold (SXGC · TSX) — Sunday Creek, Australia. Operational update; no hole-level assays.
Nevada Organic Phosphate (NOP · CSE) · Irving Resources (IRV · CSE) — Visual core logging only; assays pending.
Endurance Gold (EDG · TSX-V) — Reliance, BC — screened and archived from text-reported intervals; depths and some high-grade vein intercepts not disclosed.
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 · Raw CSV also saved to Drive