Daily Mining Update rounds up notable mining and natural-resource company developments from the past 24–48 hours, with a focus on drill results, financings, permitting/regulatory updates, and strategic critical-minerals initiatives.
Key stories
Fury Gold Mines: new Eau Claire (Quebec) drill results
Fury Gold Mines reported additional drill results from its Eau Claire gold project in northern Quebec, including an intercept reported as 7.86 g/t gold over 9.43 metres (hole 26EC-103), along with other intervals (including a reported 34.20 g/t gold over 0.96 metres in hole 26EC-107). Read the release (GlobeNewswire).
Americas Gold & Silver: Cosalá infill drilling (mine plan context)
Americas Gold and Silver highlighted infill/resource conversion drilling at its Cosalá Complex, with selected intervals including 14.0 m at 599.8 g/t Ag (hole SR568) and 10.0 m at 509.7 g/t Ag (hole SR566), among others. The company said the drilling supports an optimized mine plan for the second half of 2026. Read the release (Stock Titan).
Gold X2 Mining: Moss (Ontario) infill drilling update
Gold X2 Mining reported additional assays from its infill drilling program at the Moss Gold Project in Northwest Ontario, including a highlighted intercept of 86.0 m of 1.37 g/t Au from 314.0 m at the QES Zone (hole MQD-26-366), with several other reported intervals. The company said the infill program is intended to upgrade Inferred resources to Indicated within the current pit shell assumptions. Read the release (IBFToday).
Trilogy Metals: U.S. government strategic investment timeline extended
Trilogy Metals provided an update on a previously announced proposed strategic equity investment by the U.S. Department of War, stating that the targeted closing date was extended to July 31, 2026. Read the update (Trilogy Metals).
American Lithium: Peru declaration highlights uranium/lithium “national importance”
American Lithium welcomed a Peruvian Supreme Decree that formally declared uranium and lithium to be of national importance, tied to an international forum on the two commodities. Read the release (MiningStockEducation).
Stakeholder Gold: Ballarat (Yukon) exploration program update
Stakeholder Gold provided an update on its ongoing 2,000 m drilling program at the Ballarat Gold-Copper Project in the Yukon, noting it had shifted from initial work at the Loki Copper Zone toward structurally hosted gold targets in the northern part of the property. Read the release (Newsfile).
U.S. DOJ: court ruling allows continued work at Stibnite (Idaho) project
The U.S. Department of Justice said a federal court denied a motion seeking to halt construction activity at the Stibnite Gold Project in Idaho, a project also positioned as a potential domestic antimony source. Read the DOJ release.
USA Rare Earth: South Carolina magnet/rare earth metals plant site selected
USA Rare Earth said it selected a site in Cherokee County, South Carolina for a planned magnet manufacturing and refined metals operation, with the announcement describing a $1.2B investment and targeted capacities including 6,400 tpa of NdFeB magnets and 5,000 tpa of strip-cast metal/alloy. Read the coverage (MINING.COM).
Disclaimer: This article is for informational purposes only and is not financial advice.
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