Morning Briefing: Collective Publishes Maiden Resource for Apollo, Aldebaran Drill 513m of 1.06% CuEq

0:02Good morning and welcome back to the Mining Stock Daily Morning Briefing presented by the Clear Commodity Network, and delivering today's top news in mining and mineral exploration. From the new ClearCom Studios, here's your host, Trevor Hall. Good morning, everybody. Welcome back to the Mining Stock Daily Morning Briefing. It's Wednesday, September 9th. It's going to be a good day here. Gold's up 1.3 % to$4 ,413 an ounce this morning. Silver is up 1.2 % to$66.55 an ounce. Copper is giving back some of yesterday's gains off about$8.10 to$6.68. All while Brent crude has crossed the$100 a barrel threshold for the first time since July.

0:48It's up 2.5 % to$100.41 a barrel. Its move is being driven by a combination of forces. the U.S.-Iran attacks have disrupted flows through the Strait of Hormuz, and a recovery in Chinese oil buying is adding demand-side fuel to the rally. Millions of barrels a day continue to cross the Strait, though largely on tankers operating with their transponders switched off. In gold, some of the world's largest asset managers are reported to be rebuilding bullion positions after the metals' recent pullback, betting that the long-term structural case from geopolitical risk, central bank demand, and deficit spending remains intact even as the U.S.

1:33Federal Reserve takes a more assertive tone on inflation. We'll get to the news out of the miners and explorers here in just a moment, but first a quick mention of today's sponsor. This morning briefing is brought to you by Equinox Gold. Equinox Gold is a senior gold producer with a portfolio of operating mines across Canada, United States, and Mexico. The company completed its transformative combination with Orla Mining back in July, creating what the combined entity has now called North America's new senior gold producer, and immediately increased their full year 2026 production guidance, alongside a 50 % increase in the quarterly dividend.

2:15Equinox Gold trades on the TSX and the NYSE American, both under the symbol EQX.

3:04And here's what you need to know this morning. Lots of news out today. We'll start with Collective Mining. They released a maiden mineral resource for the Apollo deposit at the Guayabalas project last night. The bulk tonnage gold silver copper tungsten deposit hosts 2.5 million ounces of gold equivalent in the indicated category at 37 million tons, grading 2.17 grams per ton gold equivalent, plus an additional 2.8 million ounces gold equivalent inferred. The company's executive chairman called it the largest new mineral resource stage discovery in Colombia since the Buritica deposit, with an environmental license application planned for the second half of 2027 and an aggressive ongoing drill program continuing to build on the resource.

3:53Collective mining trades on the NASDAQ and the TSX, both under the symbol CNL. K2 Gold has reported results from four additional holes at the Dragonfly Zone at its Mojave Oxide Gold Project in California, with the best interval returning 27.43 meters of 4.08 grams per ton gold, and it included 15.2 meters of 5.3 grams per ton, all coming from a pad stepped out 40 meters west of the company's 2020 Discovery Hole. There was also a 3-meter interval grading 17.5 grams per ton gold in an adjacent drill hole reported this morning. Results continue to confirm multiple stacked high-grade oxide gold structures open in all directions, with 8 more Dragonfly holes and 8 holes from the Newmont target at the south end of the east side gold trend pending.

4:52K2 Gold trades on the Venture Exchange with KTO and on the OTCQX with KTGDF. Aldebaran Resources has reported a drill hole at its Altar Copper Gold Porphyry Project in San Juan, province argentina returning 513 meters at 1.06 percent copper equivalent that was within a broader 1 257 meter intersection grading 0.66 percent copper equivalent big hole other results this morning included 1 323 meters of a half percent copper equivalent and 1 354 meters of 0.41 % copper equivalent. Aldebaran Resources trades on the Venture Exchange with ALDE and on the OTCQX with ADBRF. District Metals has completed its inaugural 2 ,000 meter drill program at the Ostracalan and Malkamaj mineral licenses in central Sweden with all 15 holes intersecting graphitic black shale interpreted to represent the alum shale formation.

6:03The work confirmed the effectiveness of the company's Mobile MT geophysical survey as a targeting tool, with shale horizons averaging 50 to 141 meters of composite downhole thickness across the two licenses. Geochemical assays are underway to determine grade and continuity of the uranium polymetallic mineralization, with results expected ahead of a planned October resumption of drilling at the company's flagship VEcon property. District Metals trades on the Venture Exchange with DMX and on the OTCQX with DMXCF. American Pacific Mining has reported an interval of 20 meters at 11.15 grams per ton gold, 14.3 grams per ton silver, and 0.42 % copper within massive sulfide mineralization at its Madison Copper Coat Project in Montana, with the mineralized system remaining open and thickening to the southwest.

7:02The result comes from the company's ongoing 15 ,000 meter phase one drill program with two rigs currently active at the project. American Pacific Mining trades on the CSE with USGD and on the OTCQX with USGDF. Talisker Resources has reported underground face sample results from the 1030 level of the Mustang mine at its Braylorne gold project in British Columbia with defining a 79 meter continuous strike length of high-grade gold along the BK vein averaging 64.8 grams per ton and an average true width of a half meter. The results extend the ore chute defined at the 1045 level and continue to validate Talisker's geological model.

7:50Talisker Resources trades on the TSX with TSK and on the OTCQB with TSKFF. Kirkland Lake Discoveries has drilled 25.85 grams per ton gold over 3 meters within a broader 7.24 grams per ton over 11 meters at the Murado Fault in Hole 30 at the KL South project in Ontario. This is the northernmost intercept to date, extending the north zone by a further 125 meters and demonstrating that the Murado Fault System now bears high-grade gold over 180 meters of strike at depth. Kirkland Lake Discoveries trades on the Venture Exchange with KLDC, and on the OTCQB with KLKLF. And Cantera Minerals has intersected 144 meters at 0.75 % copper equivalent from 64 meters depth at the Lundberg deposit in its Buckins Copper Zinc Lead Silver District in central Newfoundland.

8:52And they're also included 76 meters of 1 % copper equivalent and a near-surface high-grade core of 18 meters at 1.5 % copper equivalent at the top of the interval. The results confirm the continuity of the central stock work system through a gap between historical holes. An updated mineral resource estimate for Lundberg, the first prepared under Cantara's direction, remains on track for delivery in Q4 of this year. Canterra Minerals trades on the Venture Exchange with CTM and on the OTCQB SCTMCF. All right. As you can tell, ton of news out today. A lot of drill results. The Mining Stock Daily Morning Briefing is produced by Clear Commodity Network.

9:38It is distributed throughout the world through your podcast network of choice and at clearcommodity.net. Have a wonderful day, everybody. Be well. The information presented should not be considered investment advice. Mining Stock Daily and its affiliates are not responsible for any loss arising from any investment decision in connection with the material presented herein. Please do your own research or speak with a licensed financial representative before making any investment decisions.