Happy Friday! Pour the double-double, dust off the core boxes, and let's see who hit something overnight.
Prospector Metals just logged a half-metre of 147-gram gold at its TESS zone in the Yukon, and the whole system keeps growing in every direction. On the energy side, Condor Energies is pumping a record 18,631 barrels of oil equivalent a day out of Uzbekistan even as its first LNG unit slips another quarter. Gold and silver both cooled off today, so for once the juniors have the better story.
⚡ TL;DR
Prospector Metals (PMCOF) hit 5.91 g/t Au over 22.06m at TESS, including a half-metre at 147.2 g/t Au, with the zone now open over 400m of strike.
Condor Energies (CNPRF) posted record Uzbekistan gas production of 18,631 boe/d in November, but its Kazakhstan LNG startup just slipped to Q2 2027.
Gold eased to $3,871/oz and silver got hit harder at $48.74/oz, while CES Energy Solutions (CEU.TSX) bucked the mood with a record quarter and a dividend hike.
📊 Commodity Ape Quick Stats
As of Nov. 13, 2026, afternoon ET · Source: Kitco, Trading Economics, Cameco, Investing.com
🥇 Gold (spot): $3,871/oz 📉
🥈 Silver (spot): $48.74/oz 📉
🔌 Copper: $6.16/lb 📉
☢️ Uranium (U₃O₈ spot): $91.55/lb 📈
🛢️ WTI Crude: $88.94/bbl 📈
🔥 Natural Gas (Henry Hub): $3.24/MMBtu 📉
🍁 TSX-V Composite: ~838 📉
💵 U.S. Dollar (DXY): 103.2 📈
Gold and silver eased off the week's highs while crude and the greenback both ticked up: a classic risk-off Friday for the metals, with the juniors stealing the spotlight instead.
⛏️ The Motherlode — Prospector Metals Pulls a Half-Metre of 147-Gram Gold Out of the Yukon
What happened. $PMCOF ( ▲ 2.17% ) Prospector Metals (TSXV: PPP) released final assays from scissor hole ML26-085 at its TESS zone, ML Project, Yukon: 5.91 g/t Au over 22.06m from 46.52m, including 14.32 g/t Au over 8.58m, including a half-metre at 147.2 g/t Au. A second hole, ML26-083, came back polymetallic: 5.83 g/t Au, 30.5 g/t Ag and 1.31% Cu over 8.79m, including 15.27 g/t Au, 105 g/t Ag and 4.38% Cu over 2.16m. TESS is now defined over at least 400m of strike and to 175m depth, and it's still open. A new trend called Rubble just turned up 3km southwest.
Why it happened. Prospector's been running a fully funded, 25,000m-plus step-out program since discovering TESS, and the scissor holes are doing exactly what they're supposed to: confirming continuity and finding the fat parts of the system. With 52 more holes still pending assay, this reads like a resource growing in real time, not a one-off hole.
What it means for your position. Over C$36 million in the treasury means no desperation financing is forcing this story, and an open, widening, polymetallic zone is exactly the newsflow that re-rates a junior while the drills keep turning. The catch: a half-metre of bonanza grade inflates a headline number fast, so watch the next resource update for how that interval actually weights the block model.
⚙️ Drill Bit Tech & Trends — Epiroc Buys Its Way Into the Aftermarket With Aramine
While the juniors were drilling, a major equipment maker went shopping for something less glamorous: spare parts.
What's in it: Epiroc (STO: EPI-A) is acquiring Aramine, a 50-plus-year-old French supplier of spare parts and component remanufacturing for underground mining equipment. Aramine operates in more than 70 countries, employs about 65 people, and posted roughly €31 million (C$49 million) in revenue over the trailing 12 months. The deal should close by year-end; price wasn't disclosed.
The trend: New-equipment sales cycles are lumpy, but keeping an existing fleet running never goes out of style. Majors like Epiroc are buying their way into that recurring, higher-margin aftermarket relationship instead of waiting on the next capex upcycle.
The skeptic's footnote: This one broke Nov. 9, a few days outside our usual 48-hour window. We went looking hard for a fresher AI-targeting or autonomous-haulage story this week and came up empty, so we're flagging the staleness rather than pretending otherwise.
So what. Not a junior-moving story, but a reminder that the picks-and-shovels trade works at every size of company, not just the TSX-V.
👉 Dig in
🪨 The Tailings — Omai Gold Can't Drill a Bad Hole at Wenot
$OMGCY ( 0.0% ) Omai Gold Mines (TSXV: OMG) dropped assays from 12 more diamond holes (6,913m) at its Wenot deposit in Guyana, and once again, every single hole hit multiple gold zones. Headline numbers: 12.57 g/t Au over 5.8m at East Wenot and 4.84 g/t Au over 38.4m at Central Wenot. The 2026 program is now at 106 holes and 50,185m drilled, with 42 more holes still pending assay.
So what. This isn't a discovery story anymore, it's a de-risking story: Wenot keeps getting wider and more continuous with every batch of assays, exactly what you want to see ahead of an updated resource estimate.
🛢️ The Gusher — Condor Energies Hits a Record in Uzbekistan While Kazakh LNG Slips Again
What happened. $CNPRF ( ▼ 6.82% ) Condor Energies (TSX: CDR) reported Q3 2026 results showing Uzbekistan gas production averaging 16,693 boe/d, up 20% quarter over quarter and 67% year over year, with a Q3 operating netback of C$17.0 million versus C$7.1 million a year ago. Production has kept climbing since quarter-end: the November 1-11 average hit a record 18,631 boe/d. The company also closed a C$72 million, 12% convertible debenture in October.
Why it happened. Five new wells came on in Q3 (eleven year to date), and the Andakli-22 well tested gas outside the conventional four-way closures the company has relied on, hinting at more targets than the current map shows. On the LNG side, Condor finished acceptance testing on its first modular LNG unit for the Kazakhstan project, but startup has slipped to Q2 2027 on delayed control-system components.
What it means for your position. The Uzbekistan gas business is funding itself and growing in real time, the safer half of this story. The Kazakhstan LNG optionality is the bigger re-rate catalyst, but it keeps sliding a quarter at a time, so don't underwrite a thesis on a 2027 start date just yet.
🧰 The Pipeline — CES Energy Solutions Posts a Record Quarter and Hikes the Dividend
$CEU.TSX ( ▲ 6.95% ) CES Energy Solutions posted record Q3 2026 revenue of C$784.8 million, up 26% year over year, with net income up 81% to C$73.3 million and record adjusted EBITDAC of C$140.0 million. U.S. revenue led the way, up 31%. The board hiked the quarterly dividend to C$0.055 per share, and the company returned C$47.5 million to shareholders in the quarter, including C$35.9 million of buybacks.
So what. A chemicals and services name growing through a choppy patch is a real signal on U.S. drilling and completions activity. The wrinkle: free cash flow went negative C$8.4 million on a working-capital build, so growth is outrunning cash conversion for now.
👉 Dig in
🔥 The Flare Stack — Calfrac Quietly Pays Down 42% of Its Net Debt
$CFW.TSX ( ▼ 2.33% ) Calfrac Well Services posted Q3 2026 revenue of C$365.7 million, up 13% year over year, with net income nearly quadrupling to C$16.3 million. The real headline is the balance sheet: net debt is down C$81.7 million (42%) since the start of the year to C$115.1 million, and management says North American demand should stay constructive into early 2027.
So what. A pressure-pumper deleveraging this fast while still growing revenue is the kind of quiet good news that doesn't trend on its own. Note: this one broke Nov. 10, slightly outside our usual window, and made the cut because nothing fresher turned up for the energy quick-hit slot.
📈 Stat of the Day
Prospector's bonanza half-metre got us thinking about scale, so here's a bigger number: Omai Gold has now drilled 50,185 metres this year alone, more than a marathon's worth of core (42.195km) pulled out of the ground in Guyana in 2026, with 42 more holes still waiting on assays.
Keep your grades high, your dilution low.
Sources: Kitco, Trading Economics, Cameco, Investing.com (metals, energy and index quotes) · Newsfile Corp., GlobeNewswire, Canadian Mining Journal, CES Energy Solutions Corp., BOE Report (company releases and news)
