Drill Results
Loyalist Exploration Samples 7.36 g/t Au and 31 g/t Ag in Preliminary Bedrock Sampling at Gold Rush Property, Timmins, Ontario

PNGC · Price
Executive Summary
- Loyalist Exploration completed a bedrock grab‑sample program on the Gold Rush Property, revealing high‑grade gold–silver mineralization (up to 7.36 g/t Au and 31 g/t Ag).
- The program delineated a mineralized zone extending ~150 m along strike in the North Shaft Zone, supporting further exploration plans.
- Historical drill data from 2021 also showed multiple intercepts of >1 g/t Au with accompanying silver, reinforcing the property's prospective nature.
Key Details
- Program Completion: October 10 2025; 9 bedrock grab samples collected in the North Shaft Zone.
- Top Assay Results:
- Sample GR25‑05 – 7.36 g/t Au and 31 g/t Ag.
- Sample GR25‑01 – 2.93 g/t Au and 14.3 g/t Ag.
- Sample GR25‑02 – 0.783 g/t Au and 4.7 g/t Ag.
- Strike Length: Mineralized zone identified across ~150 m of strike based on bedrock sampling.
- Property Overview: Gold Rush Property comprises 41 contiguous single‑cell mining claims (~877 ha) located ~25 km west of Timmins, Ontario; accessible year‑round via gravel road.
- Geology: Situated within the Kamiskotia Gabbroic Complex of the Abitibi Greenstone Belt; host rocks include tholeiitic mafic and intermediate metavolcanics intruded by gabbro, anorthosite, pyroxenite, quartz porphyry, and granodiorite. Gold occurs in shear zones as disseminated and vein‑hosted mineralization.
- Historical Drill Highlights (2021 – Sanatana Resources):
- Hole NS‑21‑05: 2.08 g/t Au & 11.5 g/t Ag over 1 m (54‑55 m); 1.02 g/t Au & 5.07 g/t Ag over 3 m (57‑60 m).
- Hole NS‑21‑04: 1.28 g/t Au & 6.76 g/t Ag over 5 m (63‑68 m).
- Hole NS‑21‑07: 0.79 g/t Au & 3.86 g/t Ag over 5 m (108‑113 m).
- Management Comment: CEO Errol Farr expressed enthusiasm for the results and indicated that the visit will inform first‑phase exploration planning before winter conditions set in.
- Qualified Person: Curtis Ferron, P.Geo. (ON), independent consultant, reviewed and approved technical content per NI 43‑101.
Notable Quotes
“We are very pleased to report the results of our one‑day visit to Gold Rush before the snow flies. The visit allows our team to orient itself to the historic results and begin planning our first phase exploration plans on the Property.” – Errol Farr, President & CEO
Materiality Assessment: Material – Positive (the high‑grade assay results and defined strike length materially enhance the company's exploration outlook for the Gold Rush Property).
More from Loyalist Exploration Limited
Jun 08, 2026 · 23:00