Lassonde-backed Cadillac Mines reports infill drilling at the Kerr-Addison project in Ontario, with standout hole KAD26-428T cutting 23 m at 3.08 g/t gold from 259 m, including 6.4 m at 5.26 g/t, and KAD26-397 returning 38 m at 2.13 g/t from 192 m, supporting a larger open-pit resource case. The company is about two-thirds through a 17,850 m infill programme within the current pit shell, part of a 145,000 m, C$65 million 2026 drilling budget using 11 diamond rigs. Kerr-Addison currently hosts 78.5 Mt indicated at 1.34 g/t (3.38 Moz) and 25.9 Mt inferred at 2.66 g/t (2.21 Moz), with new drilling targeting lesser-tested footwall zones and step-outs northeast of existing blocks.

An initial mineral resource at American Tungsten’s Ima project in northeast Idaho defines 316,000 indicated tonnes at 0.55% WO₃ (1,747 tonnes WO₃) plus 404,000 oz silver, and 2.1 million inferred tonnes at 0.55% WO₃ containing 11,933 tonnes WO₃ and 1.8 million oz silver, making it Idaho’s highest-grade primary tungsten project. The estimate also includes 267,000 tonnes of historical surface tailings at 0.15% WO₃ (413 tonnes WO₃), supporting a Phase I tailings processing route alongside Phase II underground drilling, rehabilitation and restart planning. Based on 5,180 metres of recent drilling and historical data, the resource underpins work towards a preliminary economic assessment and positions Ima as a potential U.S. tungsten supply source amid Chinese export controls.

Gold miners extended their August rally on Thursday despite a rebound in long-term US Treasury yields, with the VanEck Gold Miners ETF up 2.3% by 12:40 p.m. ET as Agnico Eagle, Newmont and Barrick gained about 2–2.2% while spot gold eased near $4,509. The move came as the 30-year Treasury yield touched 5.27% before settling around 5.25%, even after Treasury Secretary Scott Bessent pledged to at least double long-bond buybacks above the planned $4 billion and promised a fiscal consolidation plan. With US public debt now above $40 trillion and the deficit near $2 trillion, miners are trading as leveraged plays on sustained bullion strength driven by fiscal and yield uncertainty rather than day-to-day gold price moves.