Daily Mining Update
Daily Mining Update

Daily Mining Update (June 29, 2026): Kodiak expands MPD drill program, Geiger starts Thelon drilling, and Nigeria flags new critical minerals district

Daily Mining Update – June 29, 2026

Below is a quick roundup of notable mining and natural-resource developments reported over the last couple of days, with links to primary sources.

1) Kodiak Copper expands 2026 drilling at MPD (BC)

  • Kodiak Copper said it increased its fully funded 2026 exploration drilling program at its 100%-owned MPD copper-gold porphyry project from 6,500 metres to 16,500 metres, adding a second drill rig. (Newsfile)
  • The company said 2,546 metres across 14 holes had been drilled to date at the Ketchan deposit, and that initial 2026 assay results are expected in August. (Newsfile)

2) Geiger Energy begins summer uranium drilling in Nunavut’s Thelon Basin

  • Geiger Energy reported it has started its summer drill program on the Aberdeen Project (Thelon Basin, Nunavut), with the 2026 program prioritizing the Loki and Tatiggaq targets. (Newsfile)
  • The company said approximately 10 holes are proposed to test the 4 km Loki gravity anomaly, and that Tatiggaq drilling is planned to step out along the main uranium-hosting fault trend. (Newsfile)

3) Excalibur Metals reports additional Bellehelen (Nevada) drill results

  • Excalibur Metals reported results from the final four holes of its 3,122-metre drill program at the Spyglass Ridge target (Bellehelen Silver-Gold Project, Nevada). (Stock Titan / Newsfile release)
  • Highlights included an intercept in BH26008 of 3.05 metres grading 0.20 g/t gold and 21.8 g/t silver, and an intercept in BH26010 of 1.52 metres grading 0.48 g/t gold and 29.1 g/t silver. (Stock Titan / Newsfile release)

4) Orla Mining provides process update on proposed Equinox Gold arrangement

  • Orla Mining said it filed and began mailing meeting materials for a special meeting of shareholders related to its previously announced arrangement with Equinox Gold. (Newswire.ca)
  • The company said the meeting is scheduled for July 22, 2026, and described the arrangement terms as Orla shares being exchanged for 1.00 Equinox share plus US$0.0001 in cash per share. (Newswire.ca)

5) Nigeria highlights new critical minerals district and lithium reserve estimate

  • Nigeria’s Minister of Solid Minerals Development, Dele Alake, said the country identified a new polymetallic mineral province in Kaduna state, with commodities cited including platinum group metals, gold, nickel, copper, lithium and rare earth elements. (MINING.com)
  • The report said Steron Mining disclosed approximately 3.3 million tonnes of lithium reserves at an Abuja-area operation and cited an estimated 94.8 million tonnes of mineral resources for the broader project. (MINING.com)

This article is for informational purposes only and is not financial advice.

If you have a specific company or commodity you’d like prioritized in future daily roundups, reply with your focus list (e.g., gold explorers, uranium developers, copper producers, etc.).