Daily Mining Update — June 2, 2026
Below is a quick roundup of notable mining and natural-resource company updates published over the last 24–48 hours, spanning silver, copper, gold, and polymetallic exploration and corporate developments.
1) Brixton Metals: Langis (Ontario) silver drill results
- Brixton Metals reported new drill results from its wholly owned Langis Silver Project in the Cobalt, Ontario camp, highlighting (among other intervals) 27.7 m grading 166.45 g/t silver, including 2.3 m grading 1,811 g/t silver in hole LM-26-341. (Brixton Metals release)
- The company also noted the 2026 drill campaign is targeting a 60,000 m program (its largest in the project’s history). (Brixton Metals release)
2) Kodiak Copper: C$10M private placement announced
- Kodiak Copper announced a “best efforts” private placement for aggregate gross proceeds of up to C$10 million, including charity flow-through shares and common shares, with an additional agents’ option for up to C$1.5 million. (Newsfile)
- Per the release, the net proceeds from the common share component are intended for working capital and general corporate purposes, while the flow-through proceeds are intended for qualifying exploration expenditures in British Columbia. (Newsfile)
3) Questcorp Mining & Riverside Resources: La Union (Sonora) targeting work ahead of Phase 2 drilling
- Questcorp Mining (with partner Riverside Resources) reported completion of an expanded induced polarization (IP) geophysical survey at the La Union Gold-Silver Project in Sonora, Mexico, aimed at refining drill targets before the company’s Phase 2 drill program. (Newsfile)
- The company stated permits are secured and the Phase 2 program is fully funded, with the IP survey described as the final stage of target refinement before drilling starts. (Newsfile)
4) Copper One / Uranium One: Redonda copper property transaction completed (British Columbia)
- Copper One and Uranium One reported completion of Copper One’s acquisition of a 100% interest in nine mineral claims comprising the Redonda Copper property (northeast of Campbell River, BC). (TheNewswire)
- The release stated consideration included C$1.1 million cash and that the property remains subject to a 3% net smelter return royalty (NSR) in favour of Homegold Resources Ltd. (TheNewswire)
5) Monument Mining: Q3 FY2026 results (Selinsing Gold Mine, Malaysia)
- Monument Mining reported Q3 FY2026 results including US$47.04 million gross revenue, 11,700 oz gold produced, and 10,478 oz gold sold (average realized price stated as US$5,166/oz) for the quarter ended March 31, 2026. (Monument Mining)
- The company also disclosed cash & cash equivalents plus short-term investments of US$101.76 million as of March 31, 2026, per the release. (Monument Mining)
Disclaimer: This article is for informational purposes only and is not financial advice.
If you’d like this roundup to focus more heavily on a specific commodity (e.g., uranium or copper) or exchange (TSX-V, ASX, LSE, OTC), let us know.
