Junior Mining

At PDAC 2026, Robert Boyd of Endurance Gold outlined recent progress at the Reliance Gold Project in British Columbia. The company recently reported an inaugural inferred resource totaling 1.45 million ounces of gold and plans additional drilling to expand the system. An $8 million financing is expected to fund exploration, including step-out drilling and new target testing across the property. Several undrilled targets show encouraging geochemical signatures and strong gold values. The project sits near the historic Bralorne mining camp and continues to build momentum as the company advances drilling, metallurgical work, and early economic studies. [more]

The mining investment landscape is shifting, and veteran investor Rick Rule sees opportunity. Speaking at PDAC, he emphasized that only a fraction of the 3,000 junior miners are worth investing in, urging investors to focus on management expertise, clear project objectives, and high-quality assets. He highlighted opportunities in Tier 1-bound deposits, high-quality producers like Agnico Eagle, and royalty and streaming companies. Rule also noted that single-asset producers are prime for consolidation as major mining companies seek growth. His core message: invest in quality teams, overlooked commodities, and projects with long-term potential despite prevailing market sentiment. [more]