Epic Gold reports 440,000-ounce inferred gold resource at Hawkins project in Ontario
Bitget2026/10/08 11:31Epic Gold reported an NI 43-101 inferred resource of 440,400 oz gold at the Hawkins Gold Project in Ontario. Estimate totals 14,016,000 tonnes grading 0.98 g/t Au, split between pit-constrained and out-of-pit underground components. Pit-constrained portion: 360,000 oz from 12,645,000 tonnes at 0.89 g/t, using a 0.24 g/t cut-off. Underground portion: 80,400 oz from 1,371,000 tonnes at 1.82 g/t, using a 1.2 g/t cut-off. Assumptions include US$ 3,500/oz gold price and 93% recovery; effective date Sept. 11, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Epic Gold Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610080730NEWSFILECNPR____20261008_318018_1) on October 08, 2026, and is solely responsible for the information contained therein.
- Epic Gold reported an NI 43-101 inferred resource of 440,400 oz gold at the Hawkins Gold Project in Ontario.
- Estimate totals 14,016,000 tonnes grading 0.98 g/t Au, split between pit-constrained and out-of-pit underground components.
- Pit-constrained portion: 360,000 oz from 12,645,000 tonnes at 0.89 g/t, using a 0.24 g/t cut-off.
- Underground portion: 80,400 oz from 1,371,000 tonnes at 1.82 g/t, using a 1.2 g/t cut-off.
- Assumptions include US$ 3,500/oz gold price and 93% recovery; effective date Sept. 11, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Stock Movement | Chip Stocks Generally Fall, Intel (INTC.US) Drops Over 3%
On Thursday, chip stocks generally declined. Intel (INTC.US) fell over 3%, and SanDisk (SNDK.US) dropped nearly 3%.
Updated version 1 - The Financial Times reports that Starbucks once considered acquiring Chipotle
Reuters reported on October 8, citing sources from the Financial Times, that Starbucks (SBUX.O) had explored the possibility of acquiring Chipotle Mexican Grill (CMG.N). As background, Starbucks CEO Brian Niccol previously led Chipotle and is widely credited with transforming the burrito chain into one of the strongest growth companies in the industry. Both Starbucks and Chipotle did not immediately respond to Reuters' request for comment. Starbucks, with a market capitalization of around $39 billions, saw its share price decline by about 3%, while Chipotle’s stock price rose by approximately 4%.
BUZZ - Goldman Sachs turns bullish, Palantir shares rise
On October 8th, Palantir Technologies (stock code: PLTR.O), a data analytics software provider, saw its shares rise by 3.7% to $201.26 in early trading Thursday, after Goldman Sachs upgraded its rating from “Neutral” to “Buy.” The firm set a target price of $230, representing approximately an 18% upside from the previous trading day’s closing price. Goldman Sachs stated that, based on recent discussions with industry experts, its main conclusion is that the stock is expected to enter a new phase of outperformance before 2027. The bank noted that with PLTR shifting towards sovereign AI, customized applications, and its new verticalization strategy, its total addressable market “may be on the verge of another step-change in depth.” Goldman Sachs also mentioned that, given the stock’s underperformance in 2026, its enterprise value/free cash flow (EV/FCF) multiple is currently lower than that of peer growth companies. With Thursday’s rally, PLTR’s share price has increased about 13% this year, lagging behind the Nasdaq .IXIC index’s 18% gain; the current price is about 3% lower than the all-time intraday high of $207.52 set on November 3, 2025. According to LSEG data, among the 33 brokers covering the stock, 24 rate it as “Strong Buy” or “Buy,” 7 as “Hold,” and 2 as “Sell” or “Strong Sell.” The median target price is $212.50, up from $195 three months ago. (For the convenience of non-English speakers, Reuters provides automated translations of its reports into several other languages. Automated translation may be inaccurate or may not capture the needed context, and Reuters does not guarantee the accuracy of automated translation. Automated translation is provided solely for readers’ convenience. Reuters accepts no liability for any damage or loss resulting from use of the automated translation function.)
Germany: Gradual recovery with energy risks – Deutsche Bank
Crypto prices
More
