D&L Mining Corp., a British Columbia gold exploration and development company operating the Wingdam Mine near Barkerville, made an assignment into bankruptcy on October 9, 2026, with MNP Ltd. appointed as licensed insolvency trustee. The company reported approximately $19.3 million in liabilities against assets valued at $545,000, following significant cost overruns associated with underground gold mining operations and a determination by its newly appointed director that the business was no longer financially viable.
Incorporated on May 2, 2023, D&L operated the Wingdam Mine under a Transfer and Agency Agreement with Omineca Mining and Metals Inc., which holds title to the mine. According to the trustee, the company incurred…