Morning Briefing: Equinox Gold Shares Canadian Exploration Success

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. This is Trevor Hall, and today is Tuesday, September 29th. Gold ended yesterday down roughly 4 % as crude oil prices and bond yields climbed in tandem, putting pressure across commodities and risk assets alike. This morning, the metals are bouncing back. Gold is trading at$4 ,154 an ounce.

0:44It's up about 1%. Silver's up about 0.5 % to$60.92. And copper is essentially flat at$6.56. Bain & Company released its 7th annual global technology report this morning. The headline reports, shows funding AI's compute demand would require$6 trillion in annual revenue by 2031. Bain finds the existing AI applications, such as consumer subscriptions, enterprise software, and advertising, account for only$1.2 to$1.8 trillion of that, meaning the remaining$4.2 trillion has to come from entirely new categories. It would require AI displacing traditional search, autonomous vehicles, and industrial systems.

1:34Physical AI like robotics and digital twins as well, but the markets that simply don't exist yet also need to come into play. The report also found that AI has compressed the time to execute a typical cyber attack from roughly four weeks down to about 18 hours. Wild report. We will get to the news from the miners and explorers in just a moment, but first a quick mention of today's sponsor. The morning briefing today is brought to you by Vizla Silver. Vizla Silver is advancing the Panuco Silver Gold Project in Sinaloa, Mexico. It's one of the highest grade silver development projects in the world.

2:15Panuco hosts the world's largest undeveloped high-grade silver resource. You can learn more at vizlasilver.ca. Hi, I'm Rory Johnston, host of the Oil Ground Up podcast. I'm also the founder of Commodity Context and have been an oil market analyst for more than a decade. What I love about the oil industry is that it is both unquestionably essential to our modern life and the supply, demand and pricing of this indispensable product is driven by an ever-changing cornucopia of geological, geopolitical and technological developments. Listen as I speak with experts across the industry to explore everything you've always wanted to know about what's moving the market for black gold.

3:02Find the Oil Ground Up podcast on Apple Podcasts, Spotify, and at clearcommodity.net. Brought to you by the Clear Commodity Network, digital news on the physical markets.

3:19And here's what you need to know today. Equinox Gold has released a Canadian exploration update with the headline results coming from Mussel White in northwestern Ontario, where deep directional drilling has confirmed high-grade mineralization roughly 2 kilometers beyond current mining operations, including intercepts of 22.9 meters averaging 10 grams per ton gold and 28.5 meters averaging 7.31 grams per ton. At Valentine in Newfoundland, the new Minotaur Discovery, 8 kilometers northwest of the mill, has been traced to more than 1 kilometer of strike length, with 27.3 meters averaging 2.11 grams per ton, among the latest results.

4:04Equinox Gold trades on the TSX and the NYSC American with the symbol EQX. Kennerland Minerals has reported complete assay results from the first drilling at the Frotep project in northern Quebec since December 2025's made-in-inferred resource of 2.5 million ounces at 5.5 grams per ton gold. The standout results are stepouts drilled outside the current resource boundary, a 73.4-meter intersection of 2.24 grams per ton along the R11 vein trend, and a 2.3 meter interval at 71.89 grams per ton, including 0.6 meters of 252 grams per ton, both indicate that the known high-grade trends extend well beyond the current resource footprint.

4:52Kennerland holds a 4 % net smelter return royalty on the project, which is operated by Sumitomo Metal Mining in Canada. Kennerland Minerals Trades on the TSX Venture Exchange with KLD and on the OTC-QX with KLD-CF. Berkston Metals has reported the final drill results from the Camp Creek High Sulfidation Target at its Holy Own Thorn project in British Columbia after completing 15-hole campaign at the Glen Fittage Zone and extending it to 580 meters along Strike, 350 meters down dip. The standout result is hole 385, which returned 17.5 meters of 1.47 grams per ton gold equivalent, including 1.1 meters of 13.39 grams per ton gold equivalent, with that high-grade interval carrying 5.78 grams per ton gold, 405 grams per ton silver, and almost 2 % copper.

5:51Hole 371 delivered a broader 58-meter zone of 0.5 grams per ton gold equivalent, confirming consistent near-surface mineralization across the drilled area. Drilling is now complete for the season and a maiden mineral resource estimate covering both the high sulfidation zone and the deeper Camp Creek Porphyry is underway with Apex Geoscience, with the results expected in the first quarter of 2027. Bricks and Metals trades on the Venture Exchange with BBB and on the OTCQX with BBBXF. Miata Metals has announced additional drill results from the Johns Trend at the Selle Creek Gold Project in Suriname, with hole 23 intersecting 35.25 meters at 3.4 grams per ton gold from about 97 meters depth, and there included 5.5 meters of 15.36 grams per ton, all extending the higher-grade zone approximately 50 meters down plunge from the previously reported hole that returned 30 meters of just over 4 grams per ton.

6:57Hole 22 added a second broad interval of almost 38 meters at 1.6 grams per ton, and the company also reported first results from the Howler target, located 750 meters from the Johns Trend corridor, where similar vein-style mineralization was intersected in five initial holes, indicating the potential for lateral repetitions of the Johns Trend system across the broader land package. Miata Metals trades on the Venture Exchange with MMET and on the OTC-QX with MMETF. Selkirk Copper has reported new results from the Phase II drill program at the Minto Project in UConn. With headline hole 209, it returned 9.27 % copper, 7.43 grams per ton gold, and 54.9 grams per ton silver, all over 5.4 meters.

7:49It's equal to 15.1 % copper equivalent. That places the intercept in the 99th percentile of more than 4 ,300 historical results at Minto, and it was drilled as a 35-meter step-out at the southern margin of the high-priority 202 lens that remains open for expansion. The company also recently completed a September 22nd preliminary economic assessment outlining an after-tax net present value of$494 million and a 48 % internal rate of return. Selkirk Copper trades on the venture exchange with SCMI and on the OTCQX with SKRKF. In 1911, Gold published its inaugural sustainability report for the True North Gold project in the Rice Lake District of Manitoba, covering the year in which the company significantly ramped surface activities and returned to the underground mine in the second half of the year as it advances True North toward a potential restart decision.

8:54The report records a clean environmental year with zero reportable incidents, zero regulatory fines or penalties, and water discharges from the tailings management facility meeting all regulatory requirements. It also highlighted that 44 % of the company's year-end workforce was drawn from the local community, with 70 % of the local procurement spend directed to local and Manitoba suppliers. 1911 gold trades on the venture exchange with AUMB and on the OTCQX with AUMBF. All right, that's a wrap here this morning on the morning briefing. The morning briefing is produced by Clear Commodity Network.

9:35It is distributed throughout the world through your podcast network of choice and over at clearcommodity.net. We've got more from the Beaver Creek Precious Metals Summit for you today. So a number of interviews still outstanding to be published. So stay tuned for that. 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.