Latest Nunavut News

American West Metals has completed the technical work for its Storm Copper Project pre-feasibility study and maiden Ore Reserve, while drilling at West Desert continues to widen a copper, zinc and molybdenum system in Utah. The milestones arrive with A$5.453 million in cash and an estimated 1.58 quarters of funding at the quarter-end spending rate.

EAU Lithium has deepened its technical relationship with Vulcan Energy Resources while the licensed VULSORB technology moves into commercial-scale manufacturing in Germany. The company ended September with A$2.621 million in cash, but its Bolivia strategy remains subject to negotiations and approvals.

Manhattan Gold has completed its largest-ever Hook Lake drilling campaign, with strong gold results at Jaws and polymetallic sulphide intercepts at Spectre widening the project’s exploration case. But five assays remain outstanding, the next funding tranche still needs shareholder approval, and the company reports only 1.54 quarters of cash coverage on its current spending basis.

White Cliff Minerals has intersected high-grade copper beneath a spectacular historic surface trench at Bornite Hills, adding a second exploration front to its Rae Copper Project. The early results are encouraging, but the geometry and true thickness of the mineralisation remain unresolved.

White Cliff Minerals shareholders have approved an A$8.77 million placement to Hancock Prospecting, giving the private company an expected 13.5% stake and funding a faster exploration campaign at Rae. The capital is aimed at advancing Danvers 1 towards a maiden resource while testing a much larger copper system across Nunavut.

White Cliff Minerals has reported a 76.5-metre copper-silver intercept at Danvers 1, including a 4-metre zone grading 11.19% copper. Three deeper holes also intersected visible copper sulphides, but their grades remain unconfirmed pending assays.

Manhattan Gold’s first drilling at the Spectre VMS target has returned high-grade copper, gold, silver and zinc, including 6.10 metres at 3.18% copper. Mineralisation was repeated 77 metres along strike, but the early-stage results are reported as downhole lengths and do not yet establish true widths or a resource.

Somerset Minerals reported a $2.17 million statutory profit for 2026, but the result was driven mainly by a gain on divesting its Blackdome-Elizabeth subsidiaries rather than recurring operations. The company’s Coppermine copper campaign delivered strong Jura and Talisker drilling results while its auditor warned that further funding is needed to sustain exploration.

Manhattan Gold Corporation (ASX:MHC) has emerged from a transformational year with encouraging Hook Lake drilling, expanded tenure and a sharper gold focus, but no compliant resource yet and only A$2.01 million in year-end cash. The company reported an A$8.90 million loss after absorbing exploration costs and a large loss on its lithium divestment.

American West Metals expanded its Storm copper resource and reported a major indium-zinc-gold intersection at West Desert during FY2026. But the ASX-listed explorer remains reliant on further funding, with the auditor flagging material uncertainty over its ability to continue as a going concern.

Manhattan Gold has extended the search footprint at its Jaws target in Nunavut after a 275-metre step-out returned 21.34 metres at 1.72g/t gold. The result takes drill-tested strike to 1.25km, although the company says true widths remain unknown and the work is still exploration-stage.

White Cliff Minerals has expanded the assay-confirmed footprint of its Rae Copper Project beyond 11.5km, while new Danvers 3 drilling has placed visible copper sulphides within 19 metres of surface. The most eye-catching Danvers 3 interval still awaits laboratory assays.