Morning Briefing: New Drill Results from Radisson Mining and Scottie Resources
Good morning and welcome back to the Mining Stock Daily morning briefing. I’m your host, Trevor Hall
It's Tuesday, January 6th.
Gold futures are trading around $4,472 an ounce, up roughly 0.5% on the session, as safe-haven demand remains firm amid ongoing geopolitical and macro uncertainty. Silver continues to outperform, trading near $78.32 an ounce, up approximately 2%, supported by both precious-metal momentum and renewed attention on structural supply-chain constraints.
Platinum is moving higher as well, trading around $2,325 an ounce, up about 2.3%, while palladium up $34 to $1,744/oz. That is a 2% move.
In base metals, copper futures are pushing higher, trading near $6.05 per pound, up over 1%, as markets continue to price in supply tightness, resilient global demand expectations, and renewed focus on strategic metals and infrastructure investment.
There is some US economic data reports set to be published this week, including the JOLTS report tomorrow and the non-farm payrolls on Friday.
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… Vizsla Silver
Vizsla Silver is focused on becoming one of the world’s largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 375,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at https://vizslasilvercorp.com/
And here’s what you need to know this morning…..
Radisson Mining shared new assay results from six holes this morning at the O’Brien Gold Project in the Abitibi region of Quebec. Two of the holes represent the twelfth and thirteenth directional wedges completed from pilot hole OB-24-337 and serve to expand the broad area of new high-grade mineralization being delineated across multiple veins beneath the historic O'Brien Gold Mine. All six of the holes released today intersected gold mineralization, and five of the holes returned intercepts with grades and thicknesses consistent with the Project's existing mineral resources, continuing the very high success rate of the current drill program. Results were highlighted with 90.6 g/t Au over 1m and 9.14 g/t over 2.7m, both coming from wedge 13 from pilot hole 337. (TSXV: RDS) (OTCQX: RMRDF) News Release
G2 Goldfields published drill results which intersected new gold mineralisation south of existing pit shells, including a high-grade intercept of 39.3 g/t Au over 2.7m and 2.1 g/t Au over 30m. Other results came down plunge of the current resource which drill results of 4.0 g/t Au over 23.5m within 2.4 g/t Au over 50m. The company is working through big program with five rigs at work, which included greenfields exploration ongoing with assays pending. G2 did published their PEA for the OKO project in Guyana last month, which highlighted a a 14-year mine life with total gold production estimated at 3.2 million ounces at all-in sustaining costs¹ (“AISC”) of US$1,191 per ounce. (TSX: GTWO; OTCQX: GUYGF) News Release
Scottie Resources reported new assay results from the Blueberry Contact Zone at the Scottie Gold Mine in British Columbia. Results included 6.41 g/t Au over 14m and 3.5 g/t au over 5.35m. Drilling in 2025 was designed to expand the existing resource while increasing geological confidence in the known zones, supporting the planned conversion of resources from the inferred to indicated category. Results from 2025 drilling are continuing to come in. The Scottie Gold Mine zones remain open in multiple directions, representing meaningful opportunity to continue growing the Project's overall resource base. (TSXV: SCOT) (OTCQB: SCTSF) News Release
West Point Gold announced results of four holes at the high-grade zone at Northeast Tyro, within the Gold Chain Project in Arizona. Highlights included 27.4m of 9.56 g/t Au, 44.2m of 5.46 g/t Au and 29m of 5.24 g/t Au. Drilling continues to explore the deeper portions of the high-grade zone between the Tyro NE and Main zones, with two holes (540 m) completed with assays pending. A total of 3,769 m of the planned 15,000m program was completed in 2025. (TSXV: WPG) (OTCQB: WPGCF) News Release
Aura Minerals has received the construction license and commenced early works for the development of the Era Dorada Project. In January 2025, Aura completed the acquisition of Bluestone Resources, the 100% owner of the Era Dorada project (formerly known as Cerro Blanco), located in Jutiapa, Guatemala. The project was acquired with all preliminary licenses for the underground mine and today received the final construction license. The early works activities include environmental programs, controlled vegetal suppression, main road detour, internal road access opening, mine dewatering and preparation of platforms to accommodate equipment and temporary facilities. (NASDAQ: AUGO) News Release
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That’s it for today everyone. Have a great day. Stay safe.
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