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Small Cap Breaking News: Don’t Miss Today’s Top Headlines 10/19/2026
<p>Small Cap Breaking News You Can't Miss!Here's a quick rundown of the latest updates from standout small-cap companies making big moves today:PyroGenesis Inc. (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1)PyroGenesis received a $2.3 million (US$1,628,772) payment under its existing $25-million-plus Drosrite contract with Saudi Arabia's Radian Oil and Gas Services, fully settling the original contract. All seven Drosrite dross-recovery systems are now installed and operational with combined capacity of 45,000 tonnes per year, and the company expects to reverse previously recognized impairment provisions, strengthening its cash position.Zefiro Methane Corp. (CBOE CA: ZEFI) (FSE: Y6B) (OTCQB: ZEFIF)Zefiro announced that its backlog of awarded government well-plugging projects now totals approximately US$40 million, with work extending through June 2029 and about US$4.9 million scheduled for the current quarter. The company also won a new Exploratory contract from the Ohio Department of Natural Resources, adding a fresh revenue stream and multi-year visibility to its government-funded pipeline.Cambria Gold Mines Inc. (TSXV: CAMB) (OTCQX: CAMVF)Cambria reported high-grade infill drill results from the Silver Coin deposit at its Premier Gold Project in British Columbia, headlined by 98.56 g/t gold over 8.2 metres, including 794 g/t gold over 1.0 metre. The results support a planned underground development program in spring 2027 and feed an updated resource estimate and feasibility study targeted for the first half of 2027.Galleon Gold Corp. (TSXV: GGO) (FSE: 3H90)Galleon Gold entered a bought-deal private placement for approximately $20 million in flow-through and hard-dollar shares, alongside a $4.75 million concurrent placement to Pan American Silver. Proceeds will advance the West Cache Gold Project in Timmins, Ontario, and the strategic investment from Pan American adds a notable endorsement for the project.Mackay Gold & Silver Corp. (TSXV: MACK) (OTCQB: MKGSF)Mackay released a second batch of drill results from its Comstock District property in Nevada, including 2.30 g/t gold over 67.1 metres and 1.48 g/t gold over 97.5 metres. The company says Occidental South is shaping up as a significant near-surface discovery, with continuous mineralization defined over 550 metres of strike length and the zone open in all directions.Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF)Tiger Gold intersected 268 metres of 0.5 g/t gold from surface in hole CE