Morning Briefing: Gold and Silver Under Pressure; Heliostar Reports High-Grade Gold at Ana Paula

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 and welcome back to the Mining Stock Daily Morning Briefing. I am your host today, Ian Wagner, filling in for Trevor Hall. It's Monday, October 19th. Gold, silver, and copper enter the week under pressure after hotter-than-expected U.S. inflation rattled markets last week. Gold lost roughly 0.7%, silver dropped 6.4%, and copper declined approximately 1%.

0:43Gold is stabilizing near$4 ,200 this morning, while silver faces resistance around$59. Copper could benefit from China's stronger-than-expected third-quarter GDP growth of 4.5%, although weak domestic demand remains concerning. Investors will watch U.S. jobless claims Thursday, October 22, and Manufacturing PMI and Consumer Sentiment also is released later this week. The biggest catalyst comes next week, with Federal Reserve's October 27 and 28 meeting potentially determining the metals market's next direction. In other news, a 10-day strike at Antofagasta's Sentinella Copper Project in Chile has ended after 94.5 % of participating workers approved a new labor agreement.

1:29More than 700 workers had walked off the job, seeking equal benefits across unions. Antofagasta says copper production remained normal throughout the strike, avoiding potential supply disruptions. And the U.S. government-backed Project Vault is preparing up to$1 billion in loans to American manufacturers seeking secure critical mineral supplies. More than 70 companies are in discussions, with over a dozen expected in the initial round. The initiative will purchase and stockpile minerals for manufacturers, reducing exposure to supply disruptions. Before the market opening today, gold futures are trading at$4 ,180, mostly unchanged.

2:09Silver futures are up 0.5 % to$57.66 U.S., and copper futures are steady around$6.55. We will get to the news from the miners and explorers in a moment, but first, a mention of today's sponsor.

2:27Today's episode of Mining Stock Daily is brought to you by Integra Resources. Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development stage heat bleach projects, the past-producing De La Mar project in southwestern Idaho, and the Nevada North project, located in western Nevada. Learn more about the business and their high industry standards over at IntegraResources.com.

3:07And here's what you need to know today. Heliostar Metals reports high-grade gold intercepts at Anapala. Heliostar reported additional high-grade drill results from its Anapala Gold Project in Guerrero, Mexico, highlighted by 52.4 meters grading 5.84 grams per ton gold, including 12.6 meters at 17.8 grams per ton. Another hole returned 24.8 meters at 5.1 grams per ton. Drilling in the expansion zone also intersected 8 meters, grading 6.88 grams per ton gold. The company has now completed more than 35 ,000 meters of drilling across 122 holes, supporting its upcoming feasibility study, while continuing to expand mineralization beyond the existing resource.

3:53The expansion zone remains open in multiple directions. Heliostar trades on the TSX with the symbol HSTR.

4:05Visa Copper has commenced its inaugural drill program at the Copperview Copper Project in south-central British Columbia. The program will test the previously undrilled M5 target, a large geophysical anomaly measuring approximately 2.5 by 1.4 kilometers. Located near Princeton, the project sits along the same regional geological trend as the Kodiak Copper's Gate Discovery. The drilling follows receipt of a five-year exploration permit earlier this year and represents the first direct test of Copperview's porphyry copper gold potential. The program aims to determine whether the extensive geophysical anomaly corresponds to a significant mineralized system.

4:46Viesla Copper trades on the TSX venture under the symbol VCU.

4:56Aclara Resources has released an updated preliminary economic assessment for its Penco Rare Earths Project in Chile, outlining an after-tax NPV of$344 million U.S., a 26 % internal rate of return, and a 3.2-year payback period. Initial capital costs are estimated at $244 million U.S., supporting a 17-year mine life. The project is expected to generate approximately$101 million U.S. in annual EBITDA, with construction targeted for completion in the second half of 2028. ECLARA plans to complete a feasibility study in early 2027. ECLARA Resources trades on the Toronto Stock Exchange with the ticker symbol ARA.

5:44Altius Minerals reported its third-quarter 2026 project generation update, with its junior mining equity portfolio increasing to$97 million, up from$80 million at the end of June. The company invested approximately$5 million during the quarter, including$1.7 million in TNR Gold alongside investments in Centauri Minerals and Gilpas Resources. Altius also highlighted exploration progress across its royalty portfolio, including new gold discoveries in Nevada and nickel-copper exploration in Michigan. Orogen Royalties remains its largest equity holding, with Altius maintaining approximately 17 % ownership.

6:22Alteus Minerals trades on the Toronto Stock Exchange with the ticker symbol ALS.

6:32Capitan Silver reported new drill results from its Clues de Plata project in Durango, Mexico, extending high-grade silver mineralization to 600 meters down dip. The deepest hole returned 0.9 meters grading 1 ,639 grams per ton silver equivalent within the broader 9.3 meter interval grading 155 grams per ton. Drilling also identified a new carbonate replacement deposit, or CRD, approximately 500 meters below the Jesus Maria Silver trend, suggesting additional exploration potential at depth. Results are pending from another 80 drill holes as the company continues its 60 ,000-meter program. Capitan Silver trades on the TSX Venture under the symbol C-A-P-T.

7:22Galleon Gold announced a$20 million Canadian bought deal private placement consisting of flow-through and hard dollar shares, alongside a concurrent$4.7 million Canadian non-brokered private placement for total proceeds of$24.7 million Canadian. The financing will strengthen the company's balance sheet as it advances its West Cachet Gold Project near Timmins, where underground development is underway to support an 86 ,000 ton bulk sampling program. The company recently initiated an updated PEA for West Cache. The financings remain subject to closing conditions and regulatory approvals. Galleon Gold trades on the TSX venture under the symbol GGO.

8:08And Stillwater Critical Minerals has filed an updated 43-101 technical report for its Stillwater West project in Montana, confirming a significant expansion of its nickel, copper, cobalt, and platinum group metals resources. The updated estimate includes 805 million tons of inferred resources grading 0.34 percent nickel equivalent, more than doubling the previous estimate, plus a maiden-indicated resource of 29.4 million tons, grading 0.38%. Combined resources contain approximately 5 billion pounds of nickel, copper, and cobalt, alongside 7.79 million ounces of precious metals. The filing supports future metallurgical testing, engineering, and economic studies.

8:51Stillwater Critical Minerals trades on the TSX Venture under the symbol PGE.

9:00The Mining Stock Daily Morning Briefing is produced by Clear Commodity Network. It is distributed throughout the world through your podcast network of choice and at Clear Commodity Network. That's it for today, everyone. Have a great day and stay safe. 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.