⛏️ This Week in Mining

February 23rd — February 27th, 2026

👷‍♀️ Greetings, Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and share every piece of news of the week with you! 🎯

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Source: TradingView, TradingEconomics and Numerco.

📰 Headlines

Argenta Silver Corp. (TSXV: AGAG, OTCQX: AGAGF), reported drilling results at the El Quevar Project, Salta Province, Argentina.

Highlights:

  • 7.5 metres of 4,982 g/t silver, including:

    • 4.5 metres of 6,859 g/t silver.

  • 20.0 metres of 517 g/t silver, including:

    • 5.0 metres of 1,300 g/t silver.

  • 6.0 metres of 639 g/t silver, including:

    • 1.0 metre of 2,920 g/t silver.

Step-out drilling has expanded the Yaxtché deposit footprint by 270 metres along strike, confirming high-grade continuity to the northwest and southeast.

Additional high-grade results from the Mani-Copan target and drill confirmation of a gold-copper zone at Carmen highlight broader district-scale growth potential, with further assays pending.

Awalé Resources Limited (TSXV: ARIC, OTCQX: AWLRF), announced drilling results at the BBM discovery, Odienné Project, Côte d'Ivoire.

Highlights:

  • 72 metres of 2.0 g/t gold equivalent.

  • 32 metres of 2.0 g/t gold equivalent, including:

    • 2 metres of 7.4 g/t gold equivalent.

  • 27 metres of 1.1 g/t gold equivalent.

Results from the first 12 holes confirm strong grade continuity across approximately 1.2 kilometres of strike and depths exceeding 300 metres.

A 7,000-metre step-down program targeting underground potential to 600 metres vertical depth is complete, with assays pending ahead of a Q2 2026 Mineral Resource Estimate.

Koryx Copper Inc. (TSX-V: KRY, OTCQB: KRYXF), revealed drilling results at the Haib Copper Project, southern Namibia.

Highlights:

  • 602 metres of 0.32% copper equivalent, including:

    • 272 metres of 0.44% copper equivalent and 40 metres of 0.50% copper equivalent.

  • 495 metres of 0.31% copper equivalent, including:

    • 284 metres of 0.42% copper equivalent.

  • 184 metres of 0.51% copper equivalent, including:

    • 16 metres of 1.09% copper equivalent.

Drilling from 13 infill and expansion holes continues to confirm the scale and consistency of mineralisation across the planned open pit.

With twelve rigs active, the company is advancing resource conversion toward Indicated status, an updated MRE is expected shortly, and a PFS remains targeted for late 2026.

Tiger Gold Corp. (TSXV: TIGR, OTCQB: TGRGF), a sponsoring partner of TNBR, reported drilling results at the Tesorito deposit, Quinchía Gold Project, Colombia.

Highlights:

  • 89.96 metres of 0.9 g/t gold.

  • 16.9 metres of 2.3 g/t gold and 0.25% copper, including:

    • 6 metres of 4.1 g/t gold and 0.43% copper.

  • 79 metres of 0.6 g/t gold.

Drilling beneath the current Mineral Resource has identified a higher-grade gold-copper interval interpreted as a potential feeder zone to the Tesorito porphyry system.

Follow-up drilling is underway to test down-dip extensions, with additional assays pending from ongoing programs at Tesorito and Dos Quebradas. Nice.

Goliath Resources Limited (TSX-V: GOT, OTCQX: GOTRF), revealed drilling results at the Surebet Discovery, Golden Triangle, British Columbia, Canada.

Highlights:

  • 7.00 metres of 24.16 g/t gold equivalent,

    • within 10.00 metres of 17.32 g/t gold equivalent.

  • 4.00 metres of 30.06 g/t gold equivalent,

    • within 10.95 metres of 11.14 g/t gold equivalent.

  • 3.75 metres of 21.33 g/t gold equivalent,

    • within 8.30 metres of 10.74 g/t gold equivalent.

Gold-equivalent grades increased by an average 19.6% across 56 drill holes after including silver, copper, lead and zinc, with 2025 drilling expanding the stacked vein system to over 156,000 metres drilled to date.

The 1.8 km² high-grade system remains open across five main zones and 46 lodes, with strong metallurgical recoveries supporting continued expansion in 2026.

Heliostar Metals Ltd. (TSXV: HSTR, OTCQX: HSTXF), announced drilling results at the Ana Paula Project, Guerrero, Mexico.

Highlights:

  • 25.45 metres of 8.26 g/t gold, including:

    • 8.30 metres of 19.99 g/t gold.

  • 55.35 metres of 9.71 g/t gold.

  • 23.40 metres of 8.39 g/t gold.

First down-dip drilling into the Expansion Zone returned strong high-grade intercepts, confirming mineralisation beneath the High Grade Panel and extending the zone, which remains open to the north, northwest and at depth.

Results will be incorporated into the Feasibility Study resource update, with additional assays pending from the ongoing drill program.

West Red Lake Gold Mines Ltd. (TSXV: WRLG, OTCQB: WRLGF), reported drilling results at the Madsen Mine, Ontario, Canada.

Highlights:

  • 4.8 metres of 219.73 g/t gold, including:

    • 1.0 metre of 1,016.57 g/t gold.

  • 3.0 metres of 148.36 g/t gold, including:

    • 2.0 metres of 222.26 g/t gold.

  • 2.5 metres of 133.13 g/t gold.

Underground drilling from the Austin 904 Complex continues to define very high-grade lenses at depth, with visible gold confirmed in multiple holes.

The 904 area is emerging as a priority growth zone for potential inclusion in future mine plans, with further drilling planned through 2026.

Norsemont Mining Inc. (CSE: NOM, OTCID: NRRSF), announced drilling results at the Choquelimpie Project, Chile.

Highlights:

  • 109 metres of 1.09 g/t gold, including:

    • 45 metres of 1.21 g/t gold.

  • 94 metres of 1.26 g/t gold, including:

    • 31 metres of 1.79 g/t gold.

  • 33 metres of 0.87 g/t gold.

Phase 3 drilling has intersected long near-surface gold intervals above current sulfide resource grades, supporting potential resource upgrades and expansion of higher-grade zones at depth.

Seven holes totaling 1,650 metres have been completed, with additional assays pending and drilling set to resume in April.

FireFox Gold Corp. (TSXV: FFOX | OTCQB: FFOXF) reported drilling results at the Mustajärvi Gold Project, Finland.

Highlights:

  • 7.6 metres of 32.25 g/t gold, including:

    • 0.8 metres of 188.5 g/t gold.

  • 9.5 metres of 4.82 g/t gold, including:

    • 2.6 metres of 15.87 g/t gold.

  • 2.0 metres of 12.56 g/t gold and 5.0 metres of 1.16 g/t gold in step-out drilling.

The standout intercept ranks as the second-best grade-thickness result ever recorded at Mustajärvi and supports potential continuity between the East and Northeast Zones, expanding the mineralized footprint to approximately 1.1 kilometres.

Drilling continues with assays pending as the company advances toward a maiden resource estimate.

Spanish Mountain Gold Ltd. (TSXV: SPA | OTCQB: SPAUF) announced drilling results at the Spanish Mountain Gold Project, in the Cariboo Gold Corridor, Canada.

Highlights:

  • 205.87 metres of 0.58 g/t gold, including:

    • 47.00 metres of 1.19 g/t gold.

  • 142.00 metres of 0.77 g/t gold, including:

    • 23.50 metres of 1.57 g/t gold.

  • 69.40 metres of 0.99 g/t gold, including:

    • 19.50 metres of 1.86 g/t gold.

Results from the Orca Fault target trend outline broad zones of higher-grade gold mineralization extending over 530 metres of strike and more than 200 metres in width.

The drill program has exceeded 13,800 metres to date, with additional assay results pending as exploration advances into 2026.

Banyan Gold Corp. (TSXV: BYN | OTCQB: BYAGF) revealed drilling results at the AurMac Project, Canada.

Highlights:

  • 26.2 metres of 1.82 g/t gold and 7.7 metres of 4.64 g/t gold

    • within 49.6 metres of 1.06 g/t gold.

  • 14.0 metres of 2.10 g/t gold and 5.0 metres of 5.08 g/t gold.

  • 6.6 metres of 1.57 g/t gold within 98.6 metres of 0.39 g/t gold.

Drilling continues to intersect visible gold and high-grade mineralization within the core of the Powerline deposit, confirming strong continuity of mineralised domains.

Five drills are currently operating as part of the 2026 program, with additional assay results pending.

Awalé Resources Limited (TSXV: ARIC | OTCQX: AWLRF) announced underground drilling results at the Odienné Project, Côte d’Ivoire.

Highlights:

  • 38 metres of 3.3 g/t gold equivalent, including:

    • 6 metres of 6.4 g/t gold equivalent.

  • 22 metres of 2.1 g/t gold equivalent.

  • 42 metres of 2.0 g/t gold equivalent.

The first six holes from an 11-hole, 7,000-metre step-down program demonstrate robust mineralization extending to 400 metres below surface, with testing ongoing to 600 metres depth.

Results strengthen confidence ahead of a targeted Q2 2026 Mineral Resource Estimate and support the potential for BBM to evolve into a large-scale gold-copper system in West Africa.

Scorpio Gold Corp. (TSXV: SGN | OTCQB: SRCRF) reported drilling results at the Manhattan District Project, Nevada, USA.

Highlights:

  • 28.35 metres of 1.25 g/t gold.

  • 49.23 metres of 0.59 g/t gold.

  • 1.68 metres of 10.36 g/t gold, including:

    • 0.76 metres of 22.49 g/t gold.

The results confirm vertical and down-dip continuity within the caldera-hosted system and extend mineralisation beyond the current inferred resource pit limits.

With 47 holes completed and additional assays pending, the company continues to advance systematic step-out drilling aimed at expanding the overall mineralised footprint.

📺 Must Watch

🕵️‍♂️ Lobo Tiggre, AKA Louis James

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The Editor

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

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