GOLD 4,076.00 $/oz ▲ +65.70 (+1.64%) | SILVER 59.10 $/oz ▲ +2.30 (+4.05%) | PLATINUM 1,636.70 $/oz ▲ +44.50 (+2.79%) | PALLADIUM 1,285.00 $/oz ▲ +24.00 (+1.90%) | COPPER 6.54 $/lb ▲ +0.24 (+3.76%) | GOLD MINERS INDEX 616.34 pts ▲ +27.55 (+4.68%) | SPDR GOLD ETF 373.43 $/sh ▲ +5.83 (+1.59%) | SILVER ETF 53.12 $/sh ▲ +2.14 (+4.20%) |
Gold Market Context: Macro Drivers Key macro instruments that drive gold price movements: dollar, yields, risk appetite DXY US Dollar Index 101.11 pts ▲ 0.38 (+0.38%) headwind for gold Gold inverse — rising dollar pressures gold | US10Y 10-Yr Treasury 4.63 % ▲ 0.08 (+1.87%) headwind for gold Real yield pressure — higher yields weigh on gold | SPX S&P 500 7,509.01 pts ▼ 34.58 (-0.46%) tailwind for gold Risk appetite — equity rallies reduce safe-haven demand | BTC Bitcoin 66,414.28 USD ▲ 2514.82 (+3.94%) positive for gold Alt safe haven — moves with gold in risk-off | WTI Crude Oil (WTI) 84.22 $/bbl ▲ 5.27 (+6.68%) positive for gold Inflation proxy — rising oil can lift gold | EURUSD EUR / USD 1.14 ▲ 0.00 (+-0.11%) positive for gold Dollar strength gauge — inverse to DXY |
| ▲ Rising DXY or yields typically pressure gold | ▲ Falling yields or geopolitical risk support gold | Live data — fetched at send time |
Market Commentary Pilar Gold | Pre-IPO Investment Opportunity • Equity raise for the restart of a fully equipped gold mine in Brazil. • 4 million oz resource, full infrastructure, resuming production Q3 2026. • Estimated AISC below $1,400/oz - highly profitable at today's gold prices. • Hub & spoke growth strategy targeting 40k oz/yr near-term, 80k oz/yr medium-term. • Management team behind Laiva Gold, Gold Road, Tucano Gold & Pure Tungsten. • C$5M private placement at C$0.30/share - closing July 31, 2026. Request Investor Pack → |
Today's Interesting Company News Lode Gold Engages Contractor to Initiate Drilling at Fremont Gold Mine(TSXV: LOD) (OTCQB: LODFF) Lode Gold Resources Inc. announced an update on its fully integrated 2026 exploration and resource definition drilling program at the Fremont Gold Mine property in Mariposa County, California. The company will conduct a resource definition drilling program of 3,500 m and expansion drilling to evaluate additional high-priority exploration targets outside of current mineralization trends. The upcoming drill program will relog over 20,000 of the 43,000 m of historical core, and personnel and equipment will be mobilized before the end of July 2026. Lode Gold will complete drilling over the next few months to advance a Pre-Feasibility Study ("PFS") evaluating bulk underground mining scenarios, with PFS completion expected in 2027. The 2026 MRE reports over 1 million ounces of Indicated and 2 million ounces of Inferred resources, with the PEA completed in 2023 based on 1.16 Moz at 1.90 g/t Au within 19.0 Mt Indicated and 2.02 Moz at 2.22 g/t Au within 28 Mt Inferred. The project sits on over 3,000 acres of 100% owned private and patented land, designated as an Opportunity Zone. The Dingman Property in Ontario, Canada, has over 22,000 m drilled, with a 2013 PEA and MRE reporting 376,000 oz at 0.94 g/t within 12.5 Mt measured and indicated and 47,000 oz at 0.71 g/t within 2.1 Mt Inferred. Red Lake Gold Inc. Provides Corporate Update, Proposes Conditional Share Consolidation and Private Placement(CSE: RGLD) Red Lake Gold Inc. announced a proposed non-brokered private placement of up to 2,500,000 units at a price of $0.05 per Unit for gross proceeds of up to $125,000. The company proposes to consolidate its issued and outstanding common shares on the basis of ten (10) pre-Consolidation common shares for each one (1) post-Consolidation common share, with the last market-traded closing price of the Issuer's common shares being $0.005 as at July 20, 2026. The Corporation presently has 50,539,169 common shares issued and outstanding, which would become approximately 5,053,916 common shares following completion of the proposed Consolidation but before completion of the proposed Offering. Each Unit would consist of one post-Consolidation common share and one post-Consolidation common share purchase warrant, with each warrant exercisable at $0.05 per share for sixty (60) months. The company intends to use the net proceeds of the Offering for the repayment of outstanding liabilities and for working capital purposes. The existing Whirlwind Jack Claims are not presently expected to receive additional expenditure by the Corporation, and the Issuer's primary areas of interest currently covered by the Whirlwind Jack Claims are expected to Crown revert during the back half of August 2026. The Issuer holds its Soo North Copper Project and its Moray East Gold Project, both of which presently have associated good standing dates well into 2027. Everlert (EVLI) to Begin Trading as American Gold & Copper Inc. Under the New Symbol AGCI(OTC:EVLI) Everlert, Inc. announced that FINRA has completed the Company’s previously announced corporate action changing the Company’s legal name to American Gold & Copper Inc. and its trading symbol to AGCI. The corporate action becomes effective at the opening of trading on Wednesday, July 22, 2026. American Gold & Copper and Rimrock Exploration Partners, LLC continue working together to finalize the definitive agreements relating to the Company’s proposed acquisition of a 100% interest in the Rimrock Copper-Gold Project located in Lander County, Nevada. The Rimrock Project consists of approximately 77 unpatented federal mining claims covering approximately 1,540 acres (623 hectares) within Nevada’s Battle Mountain Mining District, with a district-scale copper-gold exploration system extending approximately 17 kilometers. The Company has engaged a PCAOB-registered public accounting firm to conduct audits of its financial statements for the two most recent fiscal years as part of its preparation to become a fully reporting company with the U.S. Securities and Exchange Commission (SEC). The Company’s initial operating focus is the continued technical evaluation and advancement of the Ascensión de Guarayos copper-gold-silver project in eastern Bolivia. The company projects continued evaluation and advancement of its Bolivian mining assets, anticipated additional technical review, exploration planning, development initiatives, financing activities, potential exchange listings, and management expansion. Big Gold Identifies High-Priority Gold Exploration Targets at Martin Kenty Following Completion of Historical Data Compilation(CSE: BG) Big Gold Inc. announced the results of a historical data compilation and target-generation review at its 100%-owned Martin Kenty Project in the Kenora Mining Division of northwestern Ontario. The review, which commenced on May 27, 2026, identified numerous prioritized gold exploration targets and compiled historical drill intercepts, including 96.56 g/t Au over 0.38 metres at the Penn Showing and 31.00 g/t Au over 0.49 metres in the Heronry area. Other notable historical intercepts include 24.90 g/t Au over 0.26 metres, 5.45 g/t Au over 1.46 metres, 5.30 g/t Au over 0.49 metres, and 5.12 g/t Au over 0.61 metres. The comprehensive gold exploration database now includes all publicly available assessment reports for the project, spanning operator records from 1975 to 2017. An agreement with a field exploration contractor for the planned summer 2026 field program is at an advanced stage and is expected to be executed in the coming weeks. The company projects that the program will follow up the ranked targets on the ground and may help determine locations for potential future drilling. During Big Gold's 2022 exploration program, grab samples returned values of up to 8.37 g/t Au and 8.04 g/t Au. Puma Exploration's Inaugural Drilling Confirms High-Grade Gold System at McKenzie(TSXV: PUMA) (OTCQB: PUMXF) Puma Exploration Inc. announced assay results from its inaugural 2,721-metre diamond drilling program at the RIM Gold Zone of its McKenzie Gold Project. The program intersected high-grade gold mineralization, including 42.60 g/t Au over 0.25 m, 21.86 g/t Au over 0.30 m, 15.55 g/t Au over 0.30 m, and 13.41 g/t Au over 0.25 m. The gold system was confirmed over a lateral extension of 200 metres and to a depth of 106 metres downhole. Surface stripping and trenching in 2025 more than doubled the known extent of the RIM Gold Vein and returned grab samples of 126.96 g/t Au, 125.66 g/t Au, 84.41 g/t Au, and 79.69 g/t Au. The ongoing 2026 summer exploration program is fully funded and covers a 42,000-ha land package, with two field crews deployed full-time. The company projects that these results, combined with ongoing exploration, will identify follow-up drilling targets this fall and help define the geometry of the prospective Grog Gold Zone, located 30 km away, for drill testing later this year. StrikePoint Announces Final Results of Drilling at Hercules Gold Project, H26005 Cut 67.06m Grading 0.53 G/t Au and 11.69 G/t Ag Including 7.62m of 2.93 G/t Au With 54.48 G/t Ag(TSXV: SKP) (OTCQB: STKXF) StrikePoint Gold Inc. announced a third and final batch of assay results from its Spring 2026 drill program on the Hercules Gold Project in Nevada's Walker Lane. Hole H26005 at the SW Cliffs area returned 67.06 meters grading 0.53 g/t Au with 11.69 g/t Ag, including a high-grade core of 7.62 meters grading 2.93 g/t Au and 54.48 g/t Ag. The Spring 2026 exploration campaign consisted of 29 holes testing multiple, shallow, oxide gold targets at the Hercules Gold Project. The program's drilling returned 114.30 meters grading 0.63 g/t Au with 5.03 g/t Ag at the Cliffs Target. Additional holes such as H26007, H26009, H26010, H26016, H26018, H26020, H26022, H26024, H26025, and H26029 also reported various intercepts of gold and silver mineralization. Michael G. Allen, President and CEO, is the qualified person who reviewed and approved the technical information. The company projects the continuity and potential expansion of the zone of gold-silver mineralization at the Cliffs Target, and views the oxide mineralization as potentially amenable to future heap leach operation. Awalé Resources | TSX-V: ARIC | OTCQB: AWLRF | FRA: 2F60 • 1.71 Moz AuEq resource at the Odienné Project in Côte d'Ivoire • Charger returning 32m @ 45.7 g/t Au with new high-grade hits outside the current MRE. • Backed by Newmont (JV), Fortuna Mining (US$6M, 15% stake) and Predictive Discovery. Check it out → |
Kingfisher Announces Strategic Investment From Barrick(TSXV:KFR, OTCQB:KGFMF) Kingfisher Metals Corp. announced it has entered into an agreement with Barrick Mining Corporation for Barrick to purchase 15,470,934 units of Kingfisher in a non-brokered private placement at a price of C$1.35 per Unit for gross proceeds of C$20,885,761. Each Unit consists of one common share and 0.5 of a common share purchase warrant, with each whole warrant entitling the holder to purchase one Kingfisher Share for C$1.70 for a term of two years. The Placement will result in Barrick owning approximately 9.9% of the issued and outstanding Kingfisher Shares on a non-diluted post-transaction basis and 14.1% on a partially diluted basis, assuming exercise of all Warrants. At least 80% of the proceeds will be used for exploration and development of the HWY 37 Project in British Columbia, with the balance for general working capital and other purposes. Closing of the Placement is expected to occur on or before July 27, 2026, subject to customary closing conditions and TSX Venture Exchange approval. Post-closing, the Company will have approximately $47 million in cash. Kingfisher currently has 140,801,129 shares outstanding as of the date of this news release. NexGold Continues to Advance Key Development Activities at the Goldboro Gold Project in Nova Scotia(TSXV:NEXG; OTCQX:NXGCF) NexGold Mining Corp. provided a monthly update on the advancement of key development activities at its 100%-owned and fully permitted Goldboro Gold Project in Nova Scotia during June 2026. The company continued work on an updated Mineral Resource Estimate, incorporating approximately 58,008 metres of diamond drill core from 329 drill holes completed since the previous estimate. NexGold reported positive initial results from its 30,000-metre reverse circulation infill drill program, which has now been expanded to 40,000 metres, with 6,685 metres drilled from 154 holes as of July 9, 2026, and significant gold intercepts of up to 61.22 g/t Au over 12.0 metres. The company’s previously announced non-binding US$175 million letter of intent with Appian Capital Advisory Limited regarding potential project financing remains in place. NexGold dispersed more than $7,500 through its Community Grant Program and initiated two geophysical surveys covering 2,496-line kilometres (VTEM) and 2,656-line kilometres (FALCON®) over 32,007 hectares. The company currently anticipates completion of the updated Feasibility Study by the end of the third quarter of 2026 and that early earthworks activities could commence as early as September 2026, subject to approvals and financing. NexGold commenced construction on two key Fish Habitat Compensation projects for Sutherland’s Brook and the Pomquet River. Searchlight Begins Airborne Surveys on the Mari Lake Gold Project in Saskatchewan(TSXV: SCLT) Searchlight Resources Inc. announced that high-resolution airborne magnetic and radiometric surveys covering all Mari Lake claims are underway. The claims are located approximately 30 km north of Creighton, Saskatchewan and Flin Flon, Manitoba, and 40 km north of the Company's Bootleg Lake Gold Project. The Company has recently expanded the Mari Lake claims to 43.1 sq km from the original 4.8 sq km. Historical exploration at Mari Lake between 1945 and 1986 included 22 drillholes, 39 trenches, and several pits, with drill hole samples of 0.85 oz/ton Au over 2.8 feet and 0.52 oz/ton Au over 2.5 feet, trench samples of 1.28 oz/ton Au over 10 feet and 0.50 oz/ton Au over 6.0 feet, pit samples of 2.98 oz/ton Au and 1.41 oz/ton Au, and grab samples of 2.48 oz/ton Au and 1.1 oz/ton Au. The claims are located 6 km from the hydroelectric power line between Flin Flon and the Island Falls Hydroelectric Station. Searchlight has contracted Special Projects of Calgary for the airborne surveys and TUZO GeoSurveys for UAV photogrammetry and Lidar at Robinson Creek. The company is preparing for a planned diamond drilling program to verify historical results. Management cautions that the presented drill, trench, and grab sample results are historical in nature and have not been independently verified by Searchlight. Cabral Gold Announces Additional Drill Results From Pre-Production Infill Drilling at the MG Gold Deposit, Cuiú Cuiú Gold District, Brazil(TSXV: CBR) (OTCQX: CBGZF) Cabral Gold Inc. announced results from 41 additional reverse circulation ("RC") infill drill holes as part of the pre-production drill-to-measured resource upgrade and production de-risking of the gold-in-oxide ore within the MG starter pit at the Cuiú Cuiú Gold District, Brazil. Drilling has been completed at MG for a total of 5,767 meters drilled in 165 holes, with all assay results now received on the MG pre-production infill drill program. Notable results include 17m @ 1.93 g/t gold from surface in RC748, 34m @ 0.50 g/t gold from surface in RC772, and 25m @ 0.57 g/t gold from surface in RC755. The company is currently operating six drill rigs at Jerimum Cima, Machichie NE, Machichie Main, and Central, and construction of the Phase 1 heap leach mine is nearing completion. Cabral Gold Inc. has a 100% interest in the Cuiú Cuiú gold district, which contains NI 43-101 compliant Indicated resources of 12.29Mt @ 1.14 g/t gold (450,200oz) in fresh basement material and 13.56Mt @ 0.50 g/t gold (216,182oz) in oxide material, as well as Inferred resources of 13.63Mt @ 1.04 g/t gold (455,100oz) in fresh basement material and 6.4Mt @ 0.34 g/t gold (70,569oz) in oxide material. The company expects to enter commercial gold production in Q4 2026. Western Copper and Gold Provides Corporate Update(TSX: WRN) Western Copper and Gold Corporation announced that Mitsubishi Materials Corporation has completed its acquisition of 1.2 million common shares of the Company through non-dilutive open market purchases. Mitsubishi Materials' ownership in Western has returned to approximately 5%. On July 15, 2026, the Company submitted its responses to supplementary information and clarification requests from the Executive Committee of the Yukon Environmental and Socio-economic Assessment Board (YESAB). On June 26, 2026, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced that the federal government will prioritize financial and regulatory support for five transmission projects across Canada, including the Yukon-B.C. Grid Connect. The Casino Project is described as Canada's premier copper-gold mine in the Yukon and one of the most economic greenfield copper-gold mining projects in the world. The company projects that the Casino project can be a key driver of sustainable, long term, shared benefits in the Yukon and in Canada. The Company is committed to working collaboratively with First Nations and local communities to progress the Casino Project. Perseus Mining Pursues Growth Opportunities at Yaoure Gold Mine(ASX:PRU) Perseus Mining Limited announced an update on growth projects at its Yaouré Gold Project in Côte d’Ivoire, including results from ongoing resource definition drilling and deposit reconciliation performance. The company reported that the Yaouré open pit has identified +24% more metal from the trailing 6 months to March’26 against the Reserve model, with additional mineralisation domains being defined. $34M has been committed to drilling in FY27 to increase the Mineral Resource base. The FY27 work plan targets the conversion of Inferred Resources to extend the Yaouré open pit. CMA underground is performing well and transitioning to operation, with an additional jumbo to be mobilised to increase future ore delivery and develop future underground exploration drill drives. Exploration drilling beyond the boundary fence has produced positive results at both the CMA Southwest and ROZA deposits. The company confirms that all material assumptions underpinning previous estimates and production targets continue to apply and have not materially changed. Conquest Resources | TSX-V: CQR • Flagship Belfast Teck-Mag project centred on the Temagami Magnetic Anomaly. • Alexander Gold project within 2km of Goldcorp's Red Lake Mine. • Projects across Ontario targeting copper, gold and uranium. Find out more → |
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