Ore Please

Week of Oct 30–Nov 5, 2026

Old mining districts, new holes

Fiddle, Kestrel, Black Creek, Anatacau Main, Khaleesi and Hurricane: six programs drilling near historic mines or known deposits, with the geology and the teams behind them. Tap a file for the detail and the sources.

New systems first holes into untested ground

109.7m @ 3.2 g/t Au1.1% Sb · SB633
downhole · from 189.0m
Perpetua Resources Nasdaq/TSX: PPTA
Fiddle · Stibnite Gold Project, central Idaho

The first hole at the Fiddle prospect, on the Meadow Creek Fault Zone, the structure that controls the Yellow Pine and Hangar Flats deposits, about 750m south of the permitted Yellow Pine pit.

Jon Cherry CEO · Christopher Dail director exploration
AuSb

This week

Released Nov 4. Core hole SB633 cut 109.7m @ 3.2 g/t Au, 1.1% Sb from 189.0m, including 2.0m @ 10.5 g/t Au. Follow-up holes were weaker: SB637 returned 37.4m @ 0.7 g/t Au, 0.1% Sb, which Perpetua says extends mineralization about 110m north. Another 21 holes (6,188m) were drilled on strike; results are expected over the coming months. The release gives no true widths. At the Clark Tunnel Fault Zone, partly inside the permitted pit, SB606 cut 25.4m @ 4.5 g/t Au near surface.

Place & geology

The Stibnite–Yellow Pine district sits in Cretaceous Idaho batholith granite and older metasedimentary rocks, with gold, antimony and tungsten concentrated along the Meadow Creek fault zone. USGS work dates the main gold event at 66–61 Ma and the stibnite stage at about 47 Ma. The district was mined from the early 1900s to the 1990s and supplied antimony and tungsten in both world wars. Perpetua targeted Fiddle from historical drilling and underground workings and compares it with the stacked lenses at Hangar Flats (company interpretation).

People

  • Jon Cherry, president and CEO since 2024; company bio lists PolyMet Mining (chair, president and CEO), Rio Tinto, Resolution Copper and the Eagle mine.
  • Christopher Dail, director exploration and qualified person for the release.
  • Directors include Andrew Cole, former general manager of Barrick's Goldstrike and of the Donlin Gold project, and Chris Robison, former Newmont COO (company bios).

Where it stands

Stibnite is permitted and in early construction. Reserves were reported at about 4.8 Moz gold and 148 Mlb antimony (2025). The EXIM board approved a US$2.9B loan in May 2026, subject to definitive documents. Any Fiddle resource would need its own review and permits.

27m @ 4.83 g/t Au0.42% Cu · WCRC001
RC · from 78m · 2m holds ~87% of Au
Chalice Mining ASX: CHN
Kestrel · Warrego North, Tennant Creek, Northern Territory

First drilling on a magnetic target in ground once read as barren granite or cover, about 20km west of the historic Warrego copper-gold mine.

Alex Dorsch MD & CEO · David Freeman GM exploration · Derek La Ferla chair, retiring Nov 20
CuAuBi

This week

Released Nov 2. Reconnaissance RC hole WCRC001 cut 27m @ 0.42% Cu, 4.83 g/t Au from 78m, including 2m @ 56.7 g/t Au, 0.88% Cu from 81m; that 2m holds about 87% of the gold. Chalice says coarse gold may be present and is running PhotonAssay checks. All six Kestrel holes hit copper over about 500m of strike, including WCRC010 with 11m @ 0.84% Cu, 0.84 g/t Au. True widths are not known; eight of 16 holes are pending.

Place & geology

The Tennant Creek field has produced more than 5 Moz of gold and about 470 kt of copper from small, steep, ironstone-hosted Au-Cu-Bi bodies in Warramunga Formation sediments, including Warrego, Nobles Nob and Juno (release, citing NTGS). Kestrel is about 65km west-northwest of Tennant Creek. The host is chlorite and hematite-magnetite altered siltstone and sandstone; Chalice says the hematite link could point to a new style (company interpretation). Chalice first drilled Warrego North in 2017 while earning into it from Meteoric Resources; Kestrel is on 100%-owned tenure granted in May 2026.

People

  • Alex Dorsch, MD and CEO; joined Chalice in 2017 in corporate development after oil and gas and McKinsey, and took over as MD in 2018. He led the company through the 2020 Gonneville nickel-PGE discovery at Julimar.
  • David Freeman, general manager exploration and competent person for the release; background not verified.
  • Derek La Ferla, non-executive chair since 2021; lawyer and former Sandfire Resources chair. He retires at the Nov 20 AGM, with Ross Carroll to succeed him, subject to shareholder approval.

Where it stands

No resource at Kestrel. A ground gravity survey comes next, then step-out drilling along a 2.2km magnetic trend of which about 500m has been tested. Chalice's main asset is Gonneville, with a 260 Mt reserve and a feasibility study due in H2 2027.

91.44m @ 2.86 g/t AuCMR26-159
RC · from 22.86m · ends in mineralization
Tectonic Metals TSXV: TECT
Black Creek · Flat Gold Project, southwest Alaska

A hard-rock target under a creek that produced placer gold, 6km north of Chicken Mountain in a reduced intrusion-related gold system (RIRGS) district about 40km north of Donlin.

Tony Reda CEO · Eira Thomas chair · Peter Kleespies chief geological officer · Maggie Layman VP exploration
Au

This week

Released Nov 2. CMR26-159, a 100m step-out south of the 2025 discovery hole, cut 91.44m @ 2.86 g/t Au from 22.86m, including 13.72m @ 12.94 g/t Au from 74.68m, which carries about two-thirds of the gold. The hole ended in mineralization at 114.30m. CMR26-157 stopped at 42.67m, above that depth. True widths are not determined; geometry needs oriented core.

Place & geology

Gold was found at Flat in 1908. An estimated 1.4 Moz of placer gold came from streams draining the Chicken Mountain–Black Creek complex, and the Chicken Mountain intrusion appears to have been the main source. At Black Creek, gold sits in hornfelsed Kuskokwim Group sediments with quartz to quartz-carbonate-stibnite veins and intermediate to mafic dykes; Tectonic reads structure as the main control. Black Creek and Upper Otter Creek placers produced about 450,000 oz, and a small Black Creek lode mine worked from 1925 to 1938 (historical, cited in the release). The ground is mostly Doyon land (Doyon is an Alaska Native regional corporation), under a mineral lease; Doyon is one of Tectonic's largest shareholders.

People

  • Tony Reda, co-founder (2017), president and CEO; a Kaminak Gold officer from 2012 to 2015.
  • Eira Thomas, co-founder, chair since January 2026; led the Aber Resources team that found Diavik, and as Kaminak CEO took Coffee through feasibility.
  • Peter Kleespies, chief geological officer; more than 30 years, including BHP, with programs at High Lake, Hope Bay and Committee Bay.
  • Maggie Layman, VP exploration since May 2026; led Cariboo Gold for Osisko Development through feasibility; also Teck and Vale (Inco).

Where it stands

No resource. A maiden Chicken Mountain resource is targeted for Q1 2027 and a PEA for Q2 2027. Assays are pending for about 25,000m in more than 120 holes from 2026, mostly at Chicken Mountain.

Building deposits extending what's already known

302.05m @ 1.73% Li2OAN-26-17
~80% true width · from 295.25m
Brunswick Exploration TSXV: BRW
Anais dyke · Anatacau Main, Eeyou Istchee James Bay, Quebec

A spodumene dyke the company found at surface in 2023, 22km east of and along strike from Rio Tinto's Galaxy project.

Killian Charles CEO · Robert Wares chair · Simon Hébert VP development
Li

This week

Released Nov 4. Assays for AN-26-17, first announced as a visual interval on Oct 15: 302.05m @ 1.73% Li2O from 295.25m, including 142m @ 1.97% Li2O from 426m. Brunswick estimates true thickness at about 80%. The hole is about 100m below AN-26-15 (202m @ 1.31% Li2O) and ended in pegmatite at the rig's depth limit. AN-26-14 and AN-26-16, drilled outside the Anais dyke, are pending.

Place & geology

Anais is an LCT pegmatite of quartz, spodumene, K-feldspar and albite in an east-west deformation corridor. Brunswick's team found the showing in 2023; the largest dyke outcrops over about 15m by 100m. Maiden drilling began in September 2025. The plunge appears to flatten from about 70 to 45 degrees at depth, not yet confirmed. Brunswick earned 90% of Anatacau Main and West under a 2022 option; Electric Elements Mining holds a free-carried 10%. Anatacau West adjoins Rio Tinto's James Bay Lithium project.

People

  • Killian Charles, president and CEO; previously VP corporate development at Osisko Metals from 2017, Integra Gold, and mining analyst at IA and Laurentian Bank Securities.
  • Robert Wares, chair; CEO of Osisko Metals and founder of Osisko; Osisko Metals' bio credits him with the Canadian Malartic discovery.
  • Simon T. Hébert, VP development and qualified person for the release.

Where it stands

No resource at Anatacau. Brunswick's Mirage project holds an inferred 52.2 Mt @ 1.08% Li2O. The CEO says drilling will restart and a larger campaign is being prepared; no metres or timing given.

64.9m @ 2.53% Cu0.873 g/t Au · KHZ5790-005
downhole · from 337.6m
C3 Metals TSXV: CCCM
Khaleesi · Andahuaylas-Yauri belt, Cusco, Peru

Skarn on a limestone-batholith contact in the belt that hosts Las Bambas and Constancia, both within 45km.

Dan Symons CEO · Stephen Hughes VP exploration · Tony Manini chair
CuAuAg

This week

Released Nov 2. KHZ5790-005 cut 64.9m @ 2.53% Cu, 0.873 g/t Au, 11.59 g/t Ag from 337.6m (3.45% CuEq), including 23.3m @ 4.75% Cu, 1.837 g/t Au from 352.1m. The hole tested magnetite-garnet skarn in an area of limited previous drilling. CuEq uses 2023–25 average prices and an assumed 80% recovery, with no metallurgy yet. True thicknesses are not determined. KHZ5790-006 and -007 are complete with assays pending. C3 calls this the highest-grade copper and gold intersected to date at Khaleesi.

Place & geology

Khaleesi follows a north-northeast contact between Ferrobamba Formation limestone and the Andahuaylas-Yauri batholith, with magnetite, garnet-diopside and pyroxene skarns under thin glacial till. C3 dates the younger mineralization at 35.8 Ma and is still looking for the causative intrusion. In this hole the company ties the high grades to a favourable carbonate horizon at the hinge of a broad fold (preliminary interpretation). C3 said in 2025 that Khaleesi had never been drilled. It is a separate project about 8km west of C3's Jasperoide.

People

  • Dan Symons, president and CEO since 2022; previously VP corporate development at Argonaut Gold (2016–22) and VP business development and investor relations at Romarco Minerals.
  • Stephen Hughes, VP exploration and director, qualified person; C3's CEO from 2018 to 2021; earlier Asiamet Resources and Oxiana.
  • Tony Manini, chair (named executive chairman in June 2022 until a new CEO was appointed); geologist with Rio Tinto, Oxiana-OZ Minerals, Tigers Realm and EMR Capital on his record.

Where it stands

No resource at Khaleesi; about 16,830m in 38 holes drilled to date. Next: step-outs at 50–100m around this hole and a 3D IP survey due to finish in November. Jasperoide's Montaña de Cobre holds 51.9 Mt @ 0.50% Cu, 0.20 g/t Au measured and indicated (2023).

2.0m @ 4.17% U3O8LE26-254
downhole · from 331.5m · ~500m east of Hurricane
IsoEnergy NYSE American: ISOU · TSX: ISO
Hurricane · Larocque East, eastern Athabasca Basin, Saskatchewan

Step-outs along the fault trends south and east of the Hurricane deposit, on a corridor that also hosts the Cameco–Orano Dawn Lake occurrences.

Philip Williams CEO · Nathan Bridge VP exploration · Dan Brisbin VP geology
U

This week

Released Nov 5. Assays from the summer program (26 holes, 10,159m) confirmed earlier radiometric results. Step-out LE26-254 on the East L fault cut 2.0m @ 4.17% U3O8 from 331.5m, including 0.5m @ 15.4%, which holds about 92% of the metal. LE26-250 cut 3.5m @ 3.86% U3O8 50m east of the deposit footprint; LE26-273, inside it, cut 3.0m @ 3.53%. Intervals are not true thickness.

Place & geology

Hurricane is an unconformity-type deposit at about 325m depth, in basal sandstone and graphitic pelite basement, about 40km northwest of the McClean Lake mill. It sits on the Larocque Trend, a regional geological-geophysical corridor. IsoEnergy bought the ground from Cameco in 2018 and hit 8.5m @ 1.26% U3O8 in hole LE18-01A that summer, under VP exploration Steve Blower and CEO Craig Parry. IsoEnergy was set up in 2016 by the NexGen team to hold NexGen exploration assets; NexGen owns about 30%.

People

  • Philip Williams, CEO since the 2023 merger with Consolidated Uranium, as one of its two board nominees.
  • Nathan Bridge, VP exploration since October 2026; led CanAlaska's team through the Pike Zone discovery and spent more than 10 years at Cameco, including the Fox Lake discovery team (company says).
  • Dan Brisbin, VP geology and qualified person; 45 years in exploration and mine geology with Falconbridge, Cameco and Alamos; led testing of the Larocque Trend (company says).

Where it stands

Hurricane holds an indicated 63,800 t @ 34.5% U3O8 for 48.6 Mlb, plus 2.7 Mlb inferred at 2.2% (2022). Multi-element results are pending; 2027 drilling is proposed on the eastern projection of the L fault. No resource update timing given.

Threads where this week's people cross

Osisko alumni. Brunswick CEO Killian Charles worked at Osisko Metals from 2017 to 2020, where Brunswick chair Robert Wares is CEO. Tectonic's new VP exploration Maggie Layman led Cariboo Gold at Osisko Development.
Donlin. Tectonic's Flat project sits about 40km north (per Tectonic) of Donlin Gold; Perpetua director Andrew Cole was general manager of the Donlin Gold project.
Kaminak and Oxiana. Tectonic's Tony Reda and Eira Thomas both came from Kaminak, the company that found and advanced Coffee. At C3, chair Tony Manini and VP exploration Stephen Hughes both have Oxiana on their records.

Programs underway started, expanded or finished

Falcon MetalsASX: FAL · Olsen Well, WA · Au

First-ever drilling at Olsen Well expanded to 7,500m; 50 RC holes done, 36 pending, finish due mid-November. Falcon has earned 51% from West Coast Silver and moved to stage 2. MD Tim Markwell. Source · Earn-in

Dreadnought ResourcesASX: DRE · Black Oak, Illaara, WA · Au

Air-core done: 234 holes, 14,559m, results in for 115. RC discovery drilling starts Nov–Dec, results Dec–Feb. MD Dean Tuck. Source

Riedel ResourcesASX: RIE · Cosmo, Laverton, WA · Au

Started a 7,000m-plus aircore (and possibly RC) reconnaissance program on gold-in-soil anomalies, the first drilling on the project in more than 30 years. CEO Paul Schmiede. Source

Mercado MineralsCSE: MERC · Zamora, Sinaloa · Ag-Au

Inaugural 1,500m diamond program, about 12 holes, on vein segments the company says were never drill-tested, and below historical workings at Campanillas. CEO Daniel Rodriguez. Source

Great Pacific GoldTSXV: GPAC · Wild Dog, PNG · Au

Maiden hole ELM001 at Elamaraka, about 2km southwest of the historic Sinivit mine, started Oct 30; 16 holes done at Magiabe and Mengmut, assays pending. COO and VP exploration Callum Spink. Source

Pacific Empire MineralsTSXV: PEMC · Trident, Pinnacle, BC · Cu-Au

Finished 14 diamond holes, 4,548.5m, in the Quesnel Terrane. Trident assays by end-2026, Pinnacle early 2027. CEO Brad Peters. Source

BOA ResourcesASX: BOA · Ricci Lee, Neds Creek, WA · Cu

All assays in from the maiden 46-hole RC program; RC and diamond drilling on the Main and Hanging-Wall lodes planned from November, subject to rig availability. MD Graeme Purcell. Source

West Cobar MetalsASX: WC1 · Salazar, WA · Sc

First dedicated scandium program done: 91 aircore holes, 2,941m, in shallow saprolite northeast of Esperance. Results due this quarter. MD Matt Szwedzicki. Source

AI-compiled from company releases, filings and company bio pages, checked against Ore Please's daily drill digests. Track records are as the companies and cited sources describe them. Intercepts are downhole lengths unless stated.