Mackay Gold & Silver Corp. announced initial results from its first drill program at the Occidental South site in Nevada, nearly doubling the gold mineralization strike length to about 550 meters. The program, part of a planned 20,000-meter drill campaign, confirmed multiple thick intersections of shallow oxide gold, validating the prospectivity of the largely undrilled 5 km Occidental-Brunswick Lode. These early results show strong correlation between gold-in-soil anomalies and near-surface mineralization, with the gold-in-soil anomaly measuring roughly 1,000 by 400 meters and remaining open for expansion. The company plans to continue drilling and provide further assay updates in the coming months.
Mackay Gold & Silver's recent drill results come as 19 of 32 Basic Materials-sector US stocks on Pluang rose today. For readers following Basic Materials, here is Pluang's market snapshot as of Sep 15, 2026 18:12 WIB: Freeport-McMoRan Inc (FCX) was priced at USD 68.89, down 0.67%, Cipher Mining Inc (CIFR) rose 0.61% to USD 15.73, and Air Products & Chemicals, Inc. (APD) fell 0.59% to USD 285.43.
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