Morning Briefing: Apollo Rising: Collective Mining and the Tungsten Opportunity

Good morning and welcome back to the Mining Stock Daily morning briefing. I’m your host for this week, Ian Wagner

It's Monday, November 10th.

Gold gained $32 on the week, closing just above the $4,000/oz mark as its range-bound consolidation continued. The move came as the dollar eased slightly but held its broader uptrend. Miner equities followed suit: the GDX rose from $70.76 on Thursday to $72.55 on Friday, while the Junior Gold Miners ETF (GDXJ) advanced from $90.35 to $93.03, reflecting renewed risk appetite in the sector. Silver remained largely unchanged, trading near $48.30/oz as it continues to consolidate within its mid-$40s range.

Overall, the week underscored steady investor confidence in precious metals amid a firm but cooling U.S. dollar and continued macro uncertainty heading into mid-November.

We’ll get to the news from the miners and explorers here in a moment, but first a quick word about today’s sponsor. 

This episode of Mining Stock Daily is brought to you by… Integra Resources

Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com

And here’s what you need to know this morning….. 

Kingfisher Metals reported additional drill and soil results from its 2025 program at the HWY 37 Project in British Columbia’s Golden Triangle. Hole HW-25-006 at the Upper Hank epithermal system delivered the longest gold intercept to date—110.0 m of 0.47 g/t Au within 241.0 m of 0.28 g/t Au—confirming strong potential for lateral and vertical expansion of a near-surface bulk-tonnage system. At the Williams porphyry, hole HW-25-001 intersected 548.1 m of 0.31 g/t AuEq, including 124.2 m of 0.43 g/t AuEq, extending mineralization along the northwestern margin. Soil sampling expanded the Hank gold-in-soil anomaly by 1.1 km to the northeast, returning assays up to 1.73 g/t Au.

CEO Dustin Perry commented, “Hole 6 represents a significant advancement for the Hank area, demonstrating the scale of a shallow bulk-tonnage gold system sitting above a large porphyry Cu-Au target.”

Kingfisher Metals Corp. trades on the TSX-V under KFR, FSE:970, and OTCQB:KGFMF. NEWS RELEASE 

Nevada King Gold Corp. reported final results from ten remaining holes of its Phase III drill program at the Silver Park East (SPE) target, located 2 km west of the Atlanta Resource Zone (ARZ) within the Company’s 100%-owned Atlanta Gold Mine Project in Nevada’s prolific Battle Mountain Trend. Drilling confirmed continuous oxide gold and silver mineralization across a 450 m × 300 m footprint, extending strike length by 150 m and leaving a 270 m open gap to the southeast for follow-up testing.

 Notable intercepts include 0.25 g/t AuEq over 70.1 m (AT25SP-41), 0.30 g/t AuEq over 41.1 m (AT25SP-37), and 1.60 g/t AuEq over 4.6 m within 86.8 m averaging 0.53 g/t AuEq (AT25SP-36). Mineralization remains open east and south and shares identical host rocks and geochemical signatures with ARZ, suggesting a common mineralizing system.

 VP Exploration Justin Daley commented, “The potential at Silver Park East is now clear, with consistent oxide gold and silver over a wide area—our next step is to map the key fluid pathways that control the highest grades.”

Nevada King Gold Corp. trades on the TSX-V under NKG and OTCQB under NKGFF.  NEWS RELEASE

Collective Mining announced that drilling is now fully underway at the high-grade, tungsten-rich zones of its Apollo system, part of the Company’s flagship Guayabales Project in Caldas, Colombia. Apollo, a large intrusion-related gold-silver-copper-tungsten system, has demonstrated continuous mineralization from surface to over 1,300 metres vertical depth, with the high-grade Ramp Zone still open.

Step-out and infill drilling are targeting expansion and increased confidence in the two tungsten zones, with initial core logging already revealing visible scheelite (tungsten) and copper sulphides. With APT 88.5% tungsten prices at record highs near US$703/mtu, Apollo’s significance as Colombia’s first hard-rock tungsten discovery has drawn official interest in its critical minerals potential.

Executive Chairman Ari Sussman commented, “With tungsten prices at an all-time high and scarce supply in the Americas, Apollo has strong potential to feed the growing demand for this strategic metal in a short timeframe.”

With US$145 million in cash, ten rigs active, and 100,000 metres of drilling planned for 2026, Collective Mining Ltd. (TSX: CNL; NYSE: CNL) is fully funded to continue advancing its district-scale Guayabales and San Antonio projects in Colombia.

Collective Mining trades on the (TSX: CNL; NYSE: CNL) NEWS RELEASE

Great Pacific Gold announced Phase 1 diamond drill results from the Sinivit target at its flagship Wild Dog Project in Papua New Guinea. Hole WDG-12 intercepted two well-mineralized structures, with the first returning 5.9 m at 14.3 g/t AuEq, including 2.5 m at 32.0 g/t AuEq, and the second returning 5.8 m at 6.1 g/t AuEq. 

 WDG-13 intersected two additional mineralized zones with assays pending. CEO Greg McCunn noted the results define a coherent high-grade pod and highlight strong structural controls for mineralization. A second drill rig is en route with drilling expected to resume in December, while LiDAR survey data supports geological modelling and target refinement across the broader Wild Dog district.

Great Pacific Gold Corp. trades on the TSXV under GPAC, OTCQX:GPGCF, and FSE:V3H. News Release

First Mining Gold announced additional 2025 exploration results from the Miroir target at its Duparquet Gold Project in Quebec's Abitibi region. Hole DUP25-077 delivered 3.20 g/t Au over 15.75 meters, including 5.21 g/t Au over 8.65 m and 22.50 g/t Au over 0.7 m, while DUP25-078 intersected 2.01 g/t Au over 29.80 m, including 18.20 g/t Au over 1.0 m. The Miroir target has now been extended up-dip over a 100-meter strike length and 100-meter depth, with mineralization remaining open. Of 22 holes drilled to date, assay results from 14 have been disclosed, with 8 results pending. CEO Dan Wilton noted the target demonstrates strong continuity and supports increasing development optionality as the company advances the project.

First Mining Gold Corp. trades on the TSX under FF, OTCQX:FFMGF NEWS RELEASE

Foran Mining announced H2 2025 exploration results from the Tesla Zone at its McIlvenna Bay Project in Saskatchewan. Hole TS-25-45w1 delivered the standout result, intersecting 33.4 meters grading 1.98% Cu, 3.07% Zn, 19.6 g/t Ag and 0.47 g/t Au (3.09% CuEq), including 14.4 m grading 2.77% Cu from the Cu1 Lens and 18.9 m grading 1.38% Cu from the Main Lens, successfully extending high-grade mineralization northward and down-dip. Infill drilling reinforced mineralization consistency, while emerging precious metals opportunity showcases elevated gold and silver grades between sulphide lenses, with intercepts up to 4.59 g/t Au. Results will support a maiden Tesla Zone resource estimate targeted for H2 2026, underpinning the Company's phased expansion towards commercial production.

Foran Mining Corporation trades on the TSX under FOM and OTCQX:FMCXF. NEWS RELEASE

The Mining Stock Daily morning briefing is produced by Clear Commodity Network. It is distributed throughout the world through your podcast network of choice, and by our friends at the Junior Mining Network. 

That’s it for today everyone. Have a great day. Stay safe. 

The information presented should not be considered investment advice. Mining stock daily and its affiliates are not responsible for any loss arising from any investment decision in connection with the material presented herein. Please do your own research or speak with a licensed financial representative before making any investment decisions.