The First Assay
Tuesday Drill Digest
TSX · TSX-V · CSE · June 30, 2026 | 7 companies · 22 holes · 3 jurisdictions
Seven names cleared the bar today, weighted heavily toward Canada — Brixton (BC), Gold X2 (Ontario), TomaGold (Quebec) and Li-FT (NWT) — with gold dominating the count and two cross-metal bonanzas standing out: Metalsource's 6.28 m at 1,156 g/t AgEq in the Carolina Slate Belt and TomaGold's 204 m of 2.05% ZnEq at Berrigan. No Exceptional holes — the day's quality sits in the Great band — but Newcore's clean high-grade gold extension below the Enchi reserve pit and Brixton's polymetallic Cu-Au-Ag step-out at Thorn are the most investable results on the sheet.
␇ Hole of the Day
Newcore Gold NCAU TSX-V · C$119M · Enchi (Nyam), Ghana
NBDD086: 21.0m of 3.51 g/t Au from 245m
incl. 9.0m of 5.91 g/t Au | GT 73.7 g/t·m · AuEq·m 73.7 · GT/MCap 0.62× · Great · Deep · Extension · Orogenic
Newcore's NBDD086 returned 21.0 m at 3.51 g/t Au from 245 m at Nyam, including 9.0 m at 5.91 g/t — a clean orogenic gold hit below the pit shells that constrain Enchi's reserves, at grades above the reserve average. At GT 73.7 g/t·m it is the day's strongest single-metal "clean" result, and 0.62× GT/MCap is healthy for a ~C$119M developer. It is a depth/lateral extension, so the value is in adding ounces beneath an existing pit. It ranks mid-pack versus a June that featured bonanza Au holes above 700 g/t·m, but those were narrower or higher-cap — Newcore's width-plus-grade at a sub-1× cap makes it the most ownable gold hole today.
GT/MCap Spotlight — Top 5
Top two are cross-metal Ag/Zn-equivalent bonanzas on micro/small caps — not comparable to the Au/Cu names. Best clean ratio is Newcore at 0.62×.
MSM SH26-19 Ag85.41×
LOT TOM-25-011EXT Zn41.87×
NCAU NBDD086 ★ Au0.62×
BBB THN26-372 Cu0.38×
NCAU NBDD085 Au0.19×
Today's Qualifying Intercepts — Top 10 of 22
| Rating | Company | Metal | Hole | m | Grade | GT | AuEq·m | GT/MCap |
|---|---|---|---|---|---|---|---|---|
| Great ★ | Newcore Gold NCAU | Au | NBDD086 | 21 | 3.51 g/t | 73.7 | 73.7 | 0.62 |
| Good | Gold X2 AUXX | Au | MMD-26-379 | 58 | 0.86 g/t | 49.8 | 49.8 | 0.07 |
| Good | Gold X2 AUXX | Au | MMD-26-381 | 33 | 1.22 g/t | 40.0 | 40.0 | 0.06 |
| Good | Blossom Gold BGAU | Au | BG26-016 | 99.5 | 0.39 g/t | 39.0 | 39.0 | 0.14 |
| Good | Blossom Gold BGAU | Au | BG26-007 | 81.5 | 0.39 g/t | 31.4 | 31.4 | 0.11 |
| Good | Gold X2 AUXX | Au | MMD-26-375 | 3.6 | 7.43 g/t | 26.4 | 26.4 | 0.04 |
| Good | Newcore Gold NCAU | Au | NBDD085 | 14 | 1.61 g/t | 22.5 | 22.5 | 0.19 |
| Good | Blossom Gold BGAU | Au | BG26-021 | 42.7 | 0.44 g/t | 18.8 | 18.8 | 0.07 |
| Great | Metalsource MSM | Ag | SH26-19 | 6.3 | 1156 g/t | 7259.7 | 74.8 | 85.4 |
| Great | Brixton Metals BBB | Cu | THN26-372 | 14.8 | 1.25 % | 18.4 | 72.4 | 0.38 |
↗ View all 22 intercepts in Google Sheets +12 not shown incl. 5× Li-FT (Li₂O), TomaGold ZnEq (AuEq·m 98).
GT — Au: Good >10, Great >50 g/t·m · Cu: Good >20 %·m · Ag: Great >2,000 g/t·m. Cross-metal AgEq/ZnEq GTs not comparable to Au/Cu. AuEq: Au $3,200/oz · Ag $33/oz · Cu $13,700/t.
Not Screened
Rokmaster (RKR · ~C$8M) — Hanson, BC. Porphyry Mo first-pass; Mo has no GT threshold.
Kalo Gold (KALO · ~C$22M) — Wainikoro, Fiji. Two recon holes, anomalous gold geochem only — no economic intercept. Fiji = Moderate risk.
Kalo Gold (KALO · ~C$22M) — Wainikoro, Fiji. Two recon holes, anomalous gold geochem only — no economic intercept. Fiji = Moderate risk.
THE FIRST ASSAY
thefirstassay.com · Au $3,200/oz · Ag $33/oz · Cu $13,700/t · Not investment advice.
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