Sitka Gold reports high-grade surface gold intercepts at Yukon's RC projectUpdated Nov 5, 2026 12:31pm ET MarketsThe S&P/TSX Composite was down 621.89 points, or 1.71%, at 35,719.51 in midday trade, with reports pointing to losses in technology and base metals. Wall Street was weaker still so far today, with the Nasdaq Composite down 4.51% and the S&P 500 down 3.38%. Gold was up 1.41% at US$4,130.5, and oil was up 2.18% at US$90.04 with no clear catalyst in the news flow. The Canadian dollar was little changed at US$0.71512. Ottawa's federal budget is due today, and investors in Canadian tech, defense and space companies are watching for spending and tax details. Statistics Canada said GDP rose 1.9% in 2025 after 2.1% in 2024. Venture & CSEThe S&P/TSX Venture Composite was down 11.42 points, or 1.40%, at 802.95 so far today, while the CSE Composite was down 3.93 points, or 3.02%, at 125.99. Silver was up 0.90% at 52.750 in US dollars. Sitka Gold reported a 41.7-metre intercept grading 2.20 g/t gold starting at surface at its RC Gold project in Yukon, with a 1.2-metre interval at 53.10 g/t and a broader 74.8-metre zone at 1.31 g/t. Nine Mile Metals said drilling at its Wedge Mine in New Brunswick's Bathurst Mining Camp cut two high-grade VMS zones, with results including 3.33% CU-EQ over 12.0M and 4.40% CU-EQ over 7.0M. On the financing side, Brunswick enlarged its LIFE offering and a concurrent private placement, which together now carry gross proceeds of up to $20 million. Bitcoin futures were down 5.15% at 76,200. Market data
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Nov 5, 2026 12:24pm ET Written by AI based upon public market data and company news releases, and checked automatically before publishing. Company statements are reported as the companies made them. Not investment advice. Also on Nov 5, 2026
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