Daily Mining Update for May 27, 2026 highlights fresh exploration results, new drilling, and permitting milestones across gold, silver, copper, nickel-PGE, and uranium.
Trident Resources: additional high-grade gold at Contact Lake (Saskatchewan)
- Trident reported winter drilling results from the BK3 Zone at the Contact Lake Gold Project in northern Saskatchewan, including highlights such as 17.88 g/t Au over 11.25 m (including 42.53 g/t Au over 4.50 m) in hole CL26042 and 93.44 g/t Au over 1.00 m in hole CL26035. (GlobeNewswire)
- The company said the winter program totaled 10,127 m in 29 holes at Contact Lake (plus 3,142 m in 11 holes at the adjacent Preview area), and it expects a summer program to start in June with +20,000 m anticipated. (GlobeNewswire)
Silver One Resources: up to 25,000 m drilling at Candelaria (Nevada)
- Silver One announced the start of an expanded drilling campaign at its 100%-owned Candelaria Silver Project in Nevada, planned for up to 25,000 m (reverse-circulation, with potential diamond drilling). (Newsfile)
- The company said the program is designed to pursue potential resource expansion, test new targets (including potential porphyry copper-silver-gold targets at depth), and carry out condemnation drilling for future infrastructure planning. (Newsfile)
Copper One Resources: drilling commences at Redhill copper-zinc project (British Columbia)
- Copper One said drilling has commenced at its Redhill Copper-Zinc Project south of Ashcroft, British Columbia. (MINING.COM (TheNewswire))
- The Phase 1 program is expected to include approximately 3,000 m across 10 diamond drill holes targeting volcanogenic massive sulphide (VMS) targets; the company said initial drill pads have been permitted. (MINING.COM (TheNewswire))
Bayridge Resources: Nunavut screening decision supports 2026 uranium exploration planning
- Bayridge said the Nunavut Impact Review Board completed screening for its Baker Basin Uranium Project in Nunavut’s Kivalliq Region and determined that a review is not required, subject to terms under NuPPAA. (Newsfile)
- The company described next steps as a helicopter-supported 2026 exploration program (mapping, prospecting, radiometric and geophysical surveys, and targeted diamond drilling). (Newsfile)
West Red Lake Gold: Q1 results and Madsen ramp-up update
- West Red Lake Gold reported Q1 2026 production of 5,667 oz Au and sales of 6,165 oz Au, and reported revenue of $41.8M with quarter-end cash of approximately $35.9M. (GlobeNewswire)
- The company described the period as the initial phase of post-commercial production ramp-up at the Madsen Mine and noted Phase 1 of the shaft refurbishment program remains on track for H2 2026. (GlobeNewswire)
Canadian Copper: feasibility study team awarded for Murray Brook + Caribou Process Plant
- Canadian Copper awarded the feasibility study for its Murray Brook Project and Caribou Process Plant to DRA Americas (lead author), with SLR Consulting, Stantec Consulting, and Dillon Consulting. (Newsfile)
- The company stated its current timeline is to publish feasibility study results in December 2026. (Newsfile)
Power Metallic Mines: expanded geophysics for Ni-Cu-PGE targeting at Nisk (Québec)
- Power Metallic announced additional geophysical surveys as part of its summer 2026 program at the Nisk Project in Québec, including Ambient Noise Tomography (Nisk Far West), gravity surveying (Lion area), and completion of a SQUID magnetometer survey (Lion/Lion West). (PR Newswire)
- The company said it plans to complete more than 30,000 m of exploration drilling over the next two quarters of 2026, with mobilization underway. (PR Newswire)
Disclaimer: This article is for informational purposes only and is not financial advice.
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