Morning Briefing: Drill Results from Andina, Q2, 1911 and American EAgle

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. Hey, good morning, everybody. Welcome back to the Mining Stock Daily Morning Briefing. It is Tuesday, August 25th, and there's a lot on the macro front this morning. U.S.-Canada trade talks have broken down, the Pentagon's putting out an urgent call for critical mineral production, and gold is taking a small breather after yesterday's strong session. It's off about two-tenths to$4 ,642 an ounce.

0:43It's a very modest pullback after yesterday's gains, essentially holding the level. Silver is giving back more ground. That's down just over 1 % to$68.12. And copper is the bright spot, up six-tenths to$6.64 a pound. The Defense Industrial Base Consortium has issued a solicitation to U.S. mining and processing companies, seeking proposals to fill gaps in domestic production of four critical minerals, including indium, manganese, magnesium, and titanium. Indium is essential for night vision equipment and semiconductors. Magnesium and titanium go into aircraft structures and armor, and manganese is critical to military-grade steel alloys.

1:30The solicitation signals that the Pentagon is now actively hunting for domestic supply, not just hoping it appears. The U.S.-Canada trade negotiations have broken down sharply, with President Trump announcing Monday that tariffs on Canadian cars, trucks, and auto parts will jump from 25 % to 50 % effective January 1st. The escalation follows the collapse of trade talks late last week, with both sides blaming the other for making unreasonable last-minute demands. For the mining sector, a sustained deterioration in those relations raises real questions about cross-border supply chains, processing arrangements, and investment timelines for Canadian projects targeting American end markets.

2:17We'll get to the news from 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 Vista Silver. Vista Silver is a Canadian silver developer advancing the Panuco silver gold project in Simula, Mexico. It's one of the highest grade, largest scale silver development projects anywhere in the world. The company published a feasibility study in November of last year outlining a 17.4 million ounces of silver equivalent annual production over an initial 9.4 year mine life, with an after-tax NPV of$1.8 billion US and an IRR of 111%.

2:57It hosts a payback period of just seven months at the base case silver and gold prices. Visa silver trades on the Toronto Stock Exchange and the New York Stock Exchange, both under the symbol VZLA. The dynamics of the natural resource trade changes every day. Get the full view of the commodity markets every week with Commodity Compass, hosted by me, Jennifer Pickerel. From metals to energy to agriculture, we break down the key moves, market drivers, and macro forces shaping the resource world. All in one sharp, insightful podcast from the Clear Commodity Network. Whether you're a trader, investor, or industry pro, Commodity Compass helps you stay grounded and informed.

3:43Listen on Apple Podcasts, Spotify, or at clearcommodity.net. Clear Commodity Network, digital news on the physical markets.

3:59And here's what you need to know today. Collective Mining has reported robust metallurgical recovery rates from testing at the Apollo deposit on the Guayabalas project in Colombia. Results return 95 % gold, 92 % silver, 85 % copper, and 70 % tungsten. It's de-risking the processing assumptions ahead of what the company says will be an initial mineral resource estimate coming out next month. Apollo has become one of the most anticipated MRE events in the junior sector this year given the volume inconsistency of high-grade multi-metal drill results. The company has been reported since that discovery.

4:41Collective mining trades on the TSX and the NASDAQ, both under the symbol CNL. 1911 gold has released asset results from eight surface drill holes at the sam west target at the true north gold project in manitoba with the headline intercepts from this batch including 11.31 grams per ton gold over 1.7 meters and 6.79 grams per ton over 2.4 meters it's confirming continuity of the sam west vein system it's now extends over 500 meter strike length to down plunge depths of more than 600 meters. Geological modeling is underway toward a maiden resource estimate at SAM West and two adjacent near mine targets, with an updated global resource estimate for True North expected in the fourth quarter.

5:311911 gold trades on the venture exchange with AUMB and on the OTCQX with AUMBF. American Eagle Gold has reported the first 2026 step out east of the south zone at its NAC copper gold porphyry project in BC's but being porphyry district. Hole 89 returned 411 meters grading 0.43 percent copper equivalent from depth of 47 meters. That was all within a broader interval of 880 meters at 0.3 percent copper equivalent. It extends near surface mineralization 250 meters east of the current defined zones and connecting spatially especially with last year's hole 62, which returned 140 meters, a 0.74 % copper equivalent.

6:20American Eagle Gold trades on the Venture Exchange with AE and on the OTCQB with AMEGF. Q2 Metals has drilled the best hole ever at the Cisco Lithium Project. That's saying, that must be a big hole. Hole 93 returned three separate mineralized intervals in an 803 meter hole. It included 403.7 meters, grading 1.47 % LI2O, and a higher grade 213.8 meter interval of 1.93%. With total mineralized pegmatite in the hole spanning approximately 678 meters, including a near-surface 60 meter interval starting just 14 meters from surface, that sits in an area largely obscured by cover and largely untested.

7:08the 2026 summer program is just under 10 000 meters well about nine and a half thousand meters over 22 holes complete with four rigs operating focused on converting the existing 294 million ton inferred resource at 1.36 percent li2o to the indicated category in parallel with preliminary economic assessment underway q2 metals trades on the venture with qtwo and on the otcqb with Q-U-E-X-F. Westward Gold has released results from the second 2026 core hole at the SSD Target on its Toyabe Hills property in Lander County, Nevada. Hole 2 returned 34.9 meters, grading 2.91 grams per ton gold, and included 4.1 meters at 16.16 grams.

8:01It's hosted in silty limestone of the Devonian windband formation with gold associated with pervasive decalcification, sudipyrite, and high angle fault structures. The target is open in all directions and deep RC holes are now planned. Westward Gold trades on the CSE as WG and on the OTCQB with WGLIF. And Andina Copper has now reported 11 consecutive holes hitting significant near-surface copper molybdenum mineralization at the cabrasco porphyry in columbia seems like they can't miss well hole 11 reported today returned 206 meters grading 0.67 percent copper from 32 meters depth within a broader 400 meter interval of 0.46 percent copper with individual two meter samples creating as high as three and a half percent copper and 477 parts per million molybdenum Bornei was observed locally below 335 meters.

9:03The system's mineralized footprint now spans approximately 1200 meters by 600 meters and remains open in multiple directions. A second drill rig is being mobilized to accelerate the systematic evaluation of the Kebraska system. Indiana Copper trades on the Venture Exchange with the ANDC and on the OTCQB with PMMCF. all right that's what we have here this morning to start off a very busy day the mining stock daily morning briefing is produced by clear commodity network it is distributed throughout the world through your podcast network of choice and over at clear commodity.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.

9:55Please do your own research or speak with a licensed financial representative before making any investment decisions.