{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Drill Results Pile Up, But Real Scarcity Is in Copper Development","html":"","width":"100%","height":180,"duration":1849,"description":"Recording date: 28th August 2026\nOlive Resource Capital's latest Compass episode centres on two connected observations: a summer drilling season that is quietly delivering strong results, and a persistent shortage of the advanced copper projects the market increasingly wants exposure to.\nOn the drilling side, Derek Macpherson said a quick scan of recent releases turned up roughly ten notable holes in a two-day window, spanning gold and copper-equivalent results from companies including Lake Victoria Gold, Free Gold, ATEX Resources and VR Resources. He attributed the volume to well-funded companies - many of which raised capital during the frothy financing window of late 2025 and early 2026 - finally reaching the drill bit with larger, multi-rig programmes than in past cycles. Despite the quality of results, Samuel Pelaez noted that most of the underlying stocks have moved only modestly, framing individual holes as a starting point for deeper diligence rather than a signal to react to immediately. He illustrated the point with VR Resources Ltd. (TSXV:VRR), whose strong copper-equivalent grade at its New Boston project in Nevada turned out to be molybdenum-led on closer inspection, and with Heritage Mining Corp., where a genuinely strong gold result failed to move the share price because of an unresolved warrant overhang from prior financings.\nBoth Macpherson and Pelaez pointed to operational bottlenecks as a growing constraint on the pace of news flow. Assay laboratory turnaround times have roughly doubled industry-wide, and at least one Nevada-based lab has stopped accepting new clients. Macpherson cited a conversation with White Gold Corp. CEO David D'Onofrio, who described Yukon labs as overwhelmed by the scale of concurrent drill programmes in the territory - a dynamic likely to push meaningful drill-result reporting into the fourth quarter and beyond the traditional autumn conference season.\nThis episode returned to a recurring theme: the scarcity of tier-one...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}