Happy Wednesday! Pour the double-double, because a Yukon copper hole just posted one of the best assays this mine has ever logged.

An AI in New Brunswick picked a zinc target without anyone turning a drill, Enerflex trimmed its Asia-Pacific business to sharpen its North American knife, and Trans Mountain finally got more room to sell its extra barrels after an eighteen-month toll fight.

Copper, uranium, natural gas and the TSX-V are all green today while gold and silver take a breather. Let's dig in.

🥇 Gold (spot): $4,177/oz 📉
🥈 Silver (spot): $61.11/oz 📉
🔌 Copper: $6.57/lb 📈
☢️ Uranium (U₃O₈ spot): $89.48/lb 📈
🛢️ WTI Crude: $89.77/bbl 📉
🔥 Natural Gas (Henry Hub): $3.02/MMBtu 📈
🍁 TSX-V Composite: 933.52 📈
💵 U.S. Dollar (DXY): 101.46 📈

Copper, uranium and natural gas are all catching a bid while gold and silver cool off, and the TSX-V is up more than a point and a half, exactly the kind of day a bonanza copper hole should produce.

What happened. $SKRKF ( ▼ 3.12% ) just drilled 9.27% copper, 7.43 g/t gold and 54.9 g/t silver (15.11% copper-equivalent) over 5.4 metres at Minto North, part of its ongoing Phase 2 program at the past-producing Minto mine in Yukon.

The company says it ranks among the highest-grade intercepts ever logged at Minto, a property with decades of drilling behind it, putting this hole in the top 1% of everything ever assayed there.

Why it happened. Phase 2 has been chasing high-grade extensions since May, and this hole landed alongside two more: 2.54% Cu, 1.25 g/t Au and 10.7 g/t Ag over 3 metres at Area 118, and 1.30% Cu, 0.34 g/t Au and 3.4 g/t Ag over 7 metres at Copper Keel.

Mineralization is showing up across multiple zones on the property, not just one lucky pod.

What it means for your position. Copper's had a strong year, and a bonanza-grade hole at a past-producing mine (existing infrastructure, known metallurgy, no permitting from scratch) earns a bigger re-rate than the same grade found in the middle of nowhere.

Selkirk hosts an investor webinar October 2 on its Preliminary Economic Assessment, and Phase 2 keeps drilling through mid-October to firm up the coming Feasibility Study.

👉 Read the full story

$WIN.CSE ( ▲ 33.33% ) renewed 592 hectares of claims at its VMS-1 Upper Sprig Brook property in New Brunswick's Bathurst Mining Camp, a district that already hosts seven known VMS deposits.

So what. No boots on the ground yet, just a model telling you where to put them. Worth a watch when Windfall actually books drill time on these targets, not before.

👉 Dig in

Brixton Metals (TSX-V: BBB) wrapped 15 holes at Camp Creek on its Thorn Project in northwest BC, and the Glenfiddich Zone grew to 580 metres along strike and 350 metres down-dip. Highlights include 58 metres at 0.50 g/t gold-equivalent, and 17.6 metres at 1.47 g/t gold-equivalent, including a juicy 1.18 metres at 13.39 g/t gold-equivalent.

So what. The company found multiple stacked veins instead of one structure, which is the good kind of complicated. A resource estimate is underway with APEX Geoscience covering both this zone and the deeper porphyry, due in the first quarter of 2027, so the next real catalyst is months out, not days.

👉 See the assays

What happened. $EFXT ( ▲ 0.49% ) closed the sale of the bulk of its Asia-Pacific operations, mainly its After-Market Services business, to INNIO Group.

Why it happened. Management wants to sharpen its focus on North America, Latin America and the Middle East, and redirect capital toward growth and free cash flow instead of running a global services footprint. Enerflex will keep selling its Engineered Systems gear into Asia-Pacific through local sales teams and North American manufacturing, just without owning the after-market business there.

What it means for your position. A leaner Enerflex is easier to underwrite, and every dollar freed from a non-core region theoretically shows up in the balance sheet or the buyback instead of a services contract on the other side of the world. The same release confirmed timing for the Q3 print, the first real look at what the smaller footprint does to margins.

👉 Read the full story

The Canada Energy Regulator approved a new tolls settlement for Trans Mountain, raising the pipeline's contracted capacity cap from 80% to 90% and ruling the tolls "just and reasonable."

That closes an eighteen-month dispute over who pays for the 2024 expansion that nearly tripled the line's capacity to 890,000 barrels a day.

The skeptic's footnote: a bigger contracting cap only matters if there are barrels to fill it, and the regulator's own release doesn't name a single shipper. This is plumbing news, not a demand story.

So what. Less regulatory drama means more predictable cash flow for whoever is moving oil on this pipe, and one less fight for the patch to have heading into 2027.

👉 See the ruling

$CEIEF ( ▼ 1.39% ) closed a private placement for all of $228,000.50, and the company's newly hired VP Engineering, Jonathon Hanson, bought the bulk of it himself: 325,715 units at $0.70 apiece.

So what. This isn't treasury-moving money, it's a new hire putting his own paycheque where his job description is.

The company says the cash is for "general corporate purposes," which is financing-speak for "we're not telling you yet," but an exec buying in on day one is a signal you can't fake with a press release alone.

👉 Read the full story

Selkirk's headline hole this week ranks in the top 1% of every hole ever drilled at Minto, by the company's own count.

That property has been drilled, mined and re-drilled since the 1970s, so a 1% ranking is a real needle in a very deep haystack.

Keep your grades high and your dilution low.

See you tomorrow. ⛏️