Our throughline in this week’s Stockhouse Gold Report centres on Canadian mining companies, in the midst of highly-prospective exploration programs, whose recent results represent a catalyst for shareholder value.
This article is a journalistic opinion piece which has been written based on independent research. It is intended to inform investors and should not be taken as a recommendation or financial advice.
We begin in the Yukon, where White Gold (TSXV:WGO) wrapped up 2026 drilling at its multi-deposit White Gold District, one of the highest-grade open-pittable projects in Canada, feeling optimistic about expanding mineralization and drumming up excitement about the asset’s maiden resource estimate expected in the near term.
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By the ounce
At the time of writing on Wednesday, the price of gold was US$4,211.745, according to data from ADVFN, up from US$4,038.13 per ounce in our July 29th report, tracking US President Trump’s “very good discussions” with Iran on Tuesday as the warring nations vie to hammer out a lasting peace deal. US Treasury yields fell in response to the positive negotiations, dropping interest rate increase expectations, as measured by the CME FedWatch Tool, from about 67 per cent to 57 per cent.
This week in gold
In British Columbia, Osisko Gold Group (TSXV:OGG) also posted strong exploration results at the Proserpine regional target within its Cariboo project, yielding up to 95.93 grams per ton (g/t) gold over 4.60 metres (m), encountering mineralization from near surface to more than 400 m depth, offering investors a reason to believe in the expansion potential of Cariboo’s main multi-million-ounce deposit only 7 km away.
In New Brunswick, Galway Metals (TSXV:GWM), reported assays from 14 diamond drillholes at the Southwest Deposit within its Clarence Stream project, intersecting broad zones of mineralization, including several higher-grade intervals, adding rigor to an upcoming preliminary economic assessment on the nearly 3-million-ounce project.
Finally, in Newfoundland, Rocky Shore Gold (CSE:RSG) discovered gold during ongoing inaugural drilling at the Lane Pond target on its Gold Anchor project, including a highlight of 15.02 m at 2.04 g/t gold, delineating an extensive hydrothermal gold-bearing system, further substantiating the project’s adjacent location to New Found Gold’s robustly mineralized Queensway project.
Top trending gold stocks
- New Found Gold (TSXV:NFG) | 9,400+ views.
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- NorthIsle Copper and Gold (TSXV:NCX) | 4,200+ views.
- Equinox Gold (TSX:EQX) | 3,700+ views.
- West Red Lake Gold Mines (TSXV:WRLG) | 3,700+ views.
- Monument Mining (TSXV:MMY) | 2,900+ views.
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