Morning Briefing: Newcore Gold Drills High Grade

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 Mining Stock Daily Morning Briefing. I'm your host, Michael McRae, filling in for Trevor Hall. It is Wednesday, October 28th. Markets are focused on the coming Fed announcement. The Federal Open Market Committee is conducting a two-day policy meeting today. The Fed is widely expected to announce that will maintain the benchmark interest rate in its current target range.

0:43S &P and Nasdaq futures are green, gold futures are at 4070, and oil futures are at 101. We'll get to the news from the miners and explorers in a moment, but first, a mention of today's sponsor. Today's episode of Mining Stock Daily is brought to you by Equinox Gold.

1:06Equinox Gold is a growth-focused gold producer operating mines across the Americas. With cornerstone assets like Greenstone Mine in Ontario and the Valentine Gold Project in Newfoundland and Labrador, Equinox is advancing a new generation of large-scale, long-life gold operations. Learn more about their portfolio and development pipeline at equinoxgold.com. Here's the news you need to know today. Nucor Gold's diamond drilling and its NIAM deposit at its ANCHE Gold Project in Ghana intersected 2.16 grams per ton gold over 37 meters from 205 meters including 5.1 grams per ton over 9 meters below the pit that constrains the current mineral reserve with the true widths estimated 75 to 85 percent of reported lengths.

1:55Two nearby holes returned 1.51 grams per ton over 21 meters and 0.82 grams per ton over 40 meters, extending a southern high-grade chute to depth and targeting conversion of inferred material they indicated. None of the 2026 drilling is included in the current resource or the June 2026 pre-feasibility study, which outlines 5.5 million tons per annum open pit operation. Nova Minerals has received final Alaska Department of Natural Resources approvals for its plan of operation and reclamation plan, completing permitting for its antimony project covering stibonite mining at its sticks and stibium prospects, ore sorting at the Whiskey Bravo site within the Estelle project and refining at Port McKenzie.

2:45Phase 1 is funded by a$43.4 million U.S. Department of War award with engineering and metallurgical work complete. West Haven Gold has completed 117-hole, 37 ,242-meter resource infill program at its so-sewn deposit on a shovel-node property in southern British Columbia, with new results including 23 meters grading at 6.69 grams per ton gold and 42 grams per ton silver and 5.53 meters grading at 16.51 grams per ton gold and 134 grams per ton silver, with true widths estimated between 70 % to 80 % of reported intervals. The work is funded by the Dundee Corporation, which can earn up to 60 % of West Haven's four Spences Bridge Gold Belt properties through up to$85 million in staged spending.

3:40Headwater Gold's first hole at its Jake Creek Project in Nevada, JC26-01, returned 1.34 grams per tonne gold over 46.33 meters, the best result to date in the project area, from a completed 3 ,574 meter eight-hole program funded entirely by Ocean Gold under an earn-in agreement. Ocean Gold has terminated its earn-in as of TJ and Hot Creek properties and will decide on continued preparation participation at Jake Creek once remaining assays are in. Brixton Metals is raising up to$6 million in an unbrokered private placement of a national flow-through shares at$0.68 and critical mineral flow-through shares at$0.71 with all shares subject to a four-month and one-day period.

4:28Proceeds will fund exploration and drilling at the Thorne Copper Gold Project in British Columbia and the Lange's Langus Silver Cobalt Project in Ontario. District Metals has completed reconnaissance mapping and sampling at its uranium property in Sweden, where 32 rock samples from outcrop and boulders identified pigmentite-hosted uranium over two kilometers of strike beyond the historic deposit drove by the Geological Survey of Sweden. Boulder samples returned up to 1 ,179 parts per million of U308 in pegmatites and up to 3 ,656 parts per million U308 in psiliphanesis, with one boulder carrying up to 5 ,250 parts per million molybdenum, 333 parts per million cobalt, and 1 ,800 parts per million copper.

5:20Mithril silver and gold's first systemic drilling of its Copaquin Zaragoza structure at Target 4 in Durango, Mexico, returned 11.7 meters at 456 grams per ton silver equivalent from 22 meters and 13.95 meters at 387 grams per ton silver equivalent from 88.85 meters, confirming mineralization over 550 meters a strike and 200 meters vertically with the structure open in both directions. The company has stated a scoping study and PEA on its upgraded Target 1 resource, which is 75 % indicated and constrained within an underground mining shapes with results expected in early 2027. The Mining Stock Daily Morning Briefing is produced by Clear Commodity Network.

6:06It is distributed throughout the world through your podcast network of choice and at Clear Commodity Network. That's it today for everyone. Have a great day. 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.