Sixty-five centimeters of rock carried roughly three quarters of the gold in a 60-metre drill intercept on Friday. The company’s stock still rose 69.2%. In New Brunswick, a copper intercept got richer toward its base, and in Chile a CSE junior put a billion pounds of copper on paper for the first time.
Nine Mile Metals Cuts 5.09% CuEq Over 14.15 Metres of True Width at Wedge
Nine Mile Metals Ltd. (CSE: NINE; OTCID: VMSXF) reported on September 24 that hole WD-26-14 at the Wedge Mine in New Brunswick’s Bathurst Mining Camp intersected 5.09% copper equivalent over 14.15 metres, including 6.35% over 9.00 metres and 7.45% over 6.00 metres. The interval is reported as true width. The company drills perpendicular to steeply dipping volcanogenic massive sulfide (VMS) lenses, so it is measuring thickness, not depth.
Five metals share the interval: 2.10% copper, 4.85% zinc, 0.96% lead, 42.31 g/t silver and 0.84 g/t gold. The six richest samples sit in the bottom six metres, peaking at 8.59% CuEq.
The CuEq assumes a flat 95% recovery for all five metals. No testwork backs that yet. No resource either. Next: eight borehole electromagnetic (BHEM) surveys to aim a second round of drilling. Market cap is near C$23 million, and the US line trades on OTCID, so check broker availability.
Ashley Gold Cuts 3.333 g/t Gold Over 60 Metres at Tak, Ontario
Ashley Gold ran here in May and June, when its first Tak holes were still checking 1999-era drilling. This hole stepped outside the old zones. Ashley Gold Corp. (CSE: ASHL) reported on September 25 that TAK-26-16 cut 3.333 g/t gold over 60.00 metres from 24.00 metres downhole, including 229 g/t over 0.65 metres, with visible gold logged near 63.5 metres. Shares rose 69.2% to C$0.11 that day on volume about 36 times the daily average.
That single sample holds about 74% of the interval’s gold, by aktiego.com’s math from the company’s assay table. Without it, the other 59.35 metres average roughly 0.86 g/t. Capped at 40 g/t, as the company also showed, the same math gives about 1.29 g/t.
It isn’t a one-sample hole, though. It also hit 16.7 g/t over 0.85 metres and 7.75 g/t over 1.00 metre. True thickness is unknown and there is no resource. Royal Gold holds a 5% royalty on the Tak ground. Four Phase III holes are pending. Before Friday, market cap was roughly C$5.6 million. CSE only, no US OTC line.
ATERRA Metals Puts a Maiden 159.8 Mt Copper-Gold Resource on Totora, Chile
ATERRA Metals Inc. (CSE: ATC; OTCQB: CSSCF) reported a maiden Inferred Mineral Resource on September 24 of 159.8 million tonnes at 0.30% copper and 0.15 g/t gold, or 0.51% CuEq, at a 0.20% copper cut-off. That is 1,067.3 million pounds of copper and 792.9 thousand ounces of gold. Frontera holds about half, at 0.34% copper and 0.19 g/t gold.
All of it is Inferred, the lowest-confidence resource category, and much of it rests on historical holes. At Frontera, SRK had no assay certificates or QA/QC data for that older drilling. No metallurgy yet; the 85% recoveries are assumed. ATERRA holds the ground under option agreements that require future payments. Market cap is about C$23 million.
Algo Grande Copper Finds a Second Zone in Hole AG-CG-PH2-002
Last week we covered the top of this hole. Now the bottom is in. Algo Grande Copper Corp. (TSXV: ALGR; OTCID: ALGRF) released full assays on September 23 showing a second zone of 38.20 metres at 1.0% CuEq from 243.80 metres, including 11.50 metres at 2.0% CuEq. Add the 30.23-metre upper zone and the hole carries 68.43 metres of combined mineralization averaging 1.2% CuEq.
The 67 metres between the zones came back weaker. The company blames the hole drifting off the higher-grade horizon. CuEq assumes 80% recovery, which is not established yet. Intervals are downhole lengths. Still no resource. Algo Grande also hired German Mining Networks for European investor relations at $6,800 a month, on top of the European marketing campaign it disclosed earlier.
Frequently Asked Questions
Eight surveys on perimeter holes will guide a second round of drilling aimed at the depth and lateral extent of the lenses. The company says results are processed on site within 24 hours.
About 0.86 g/t over the remaining 59.35 metres, by aktiego.com’s calculation from the company’s assay table. Four pending Phase III holes will show whether the high grade repeats nearby.
Within 45 days of the September 24 release, on SEDAR+. Phase II drilling is planned to test extensions at Frontera and Totora and collect the project’s first metallurgical samples
Not necessarily. Downhole surveys show the hole drifting away from the higher-grade horizon over that stretch, and it still hit short intervals such as 0.85 metres at 2.7% CuEq. The company’s interpretation remains untested until more holes land.
Only ATERRA, and all of it is Inferred. Nine Mile, Ashley Gold and Algo Grande have none.
Sources
- ACCESS Newswire via Rohstoff-Welt: Nine Mile Metals DDH WD-26-14 intersects 5.09% Cu-Eq over 14.15m including 6.35% Cu-Eq over 9m and 7.45% Cu-Eq over 6m, September 24, 2026
- TheNewswire: Ashley Gold Corp. announces drilling discovery in eastern step out of 67Z, cutting 3.333 g/t Au over 60.00m, September 25, 2026
- Mugglehead: Ashley Gold Corp. reports 3.333 g/t at Tak, September 2026
- Newsfile: ATERRA Metals reports maiden Totora Cu-Au project resource, September 24, 2026
- ACCESS Newswire: Algo Grande Copper confirms 68.43 metres of copper-silver-gold mineralization across two zones in hole AG-CG-PH2-002, September 23, 2026
Editorial Disclosure
Securities discussed: Nine Mile Metals Ltd. (CSE: NINE; OTCID: VMSXF), Ashley Gold Corp. (CSE: ASHL), ATERRA Metals Inc. (CSE: ATC; OTCQB: CSSCF), and Algo Grande Copper Corp. (TSXV: ALGR; OTCID: ALGRF). aktiego.com has not received any compensation from any company mentioned, their management, investor relations representatives, or any third party. No staff member or principal of aktiego.com holds a position in any security mentioned at the time of publication. Press release dates and sources verified: Nine Mile, September 24 (ACCESS Newswire); Ashley Gold, September 25 (TheNewswire); ATERRA, September 24 (Newsfile); Algo Grande, September 23 (ACCESS Newswire). NI 43-101 is Canada’s disclosure standard for mineral projects. Nine Mile: CuEq uses August 26, 2026 Kitco prices and an assumed flat 95% recovery, not testwork; intervals reported as true width; no current resource estimate; Qualified Person not independent; US line trades on OTCID, check broker availability. Ashley Gold: roughly 74% of the gold in the 60-metre interval comes from one 0.65-metre sample (aktiego.com calculation from company assay data); true thickness unknown; no resource estimate; 5% NSR to Royal Gold; Qualified Person is a company employee; CSE-only listing with no US OTC line, US investors should check broker availability; market cap roughly C$5.6 million before the September 25 move, implying elevated volatility and thin liquidity. ATERRA: resource is entirely Inferred and relies substantially on historical drilling, including Frontera holes with no available assay certificates or QA/QC data; recoveries of 85% assumed with no metallurgical testing; CuEq at US$4.00/lb copper and US$3,650/oz gold; project held under option agreements requiring future payments; Chile jurisdiction and permitting risk. Algo Grande: CuEq at US$5.20/lb copper, US$3,500/oz gold, US$50/oz silver and an assumed 80% recovery, recoveries not established; intervals are downhole lengths, true widths not determined; no resource estimate; Mexico jurisdiction risk. Algo Grande has disclosed paid investor-relations and marketing arrangements, including an engagement with German Mining Networks GmbH and a previously disclosed European investor-awareness campaign; these arrangements are unrelated to aktiego.com’s coverage. Forward-looking commentary regarding exploration outcomes and resource estimates is opinion only. Small cap and micro-cap stocks listed on the CSE, TSX, TSXV, and Nasdaq are speculative investments carrying significant risk including potential total loss of capital. Coverage on aktiego.com is provided for informational and educational purposes only. aktiego.com is not a registered investment advisor. Nothing in this article constitutes financial, investment, or professional advice. Readers are encouraged to conduct their own due diligence and consult a qualified financial advisor before making any investment decisions. For more information please see our full DISCLAIMER.
