Northwire Canada EditionSaturday, July 11, 2026
Northwire
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%

← Back to our analysis

Original News Release

Quarterback proceeds with phase I exploration at Twin

Mr. Jigang He reports QUARTERBACK RESOURCES PROCEEDS WITH PHASE I EXPLORATION PROGRAM ON TWIN GOLD PROJECT Quarterback Resources Inc. is proceeding with its phase I exploration program at the Twin gold project, which consists of the following: Geochemical sampling/logging of historic core; Geochemical rock sampling from the main Takla-Rainbow gold zone and a potential extension; An ortho/lidar survey of the Takla-Rainbow zones and access road; Reclamation of the historic Twin camp site. The company has selected core from several historic drill holes for logging and sampling based upon location and available data and has taken 177 samples during this process. Assay results are pending. The ortho/lidar survey is intended to cover the main project area and access road. The survey provides numerous purposes, including locating all historic disturbances, creating a terrane model for future resource calculation/high-resolution UAV (unmanned aerial vehicle) magnetics survey, analyzing geologic structures, and recording a baseline of the area before future exploration commences. To date, the field program has also succeeded in locating most of the remaining historical drill collars, which will aid drill targeting. About the Twin gold project The Twin gold project is located within the prolific Quesnel trough in the Omineca mining division of British Columbia approximately 250 kilometres northwest of Prince George, B.C. The project is proximate to numerous highly prospective projects, including: Northwest Copper Corp.'s Kwanika/Stardust copper-gold porphyry deposit and copper-gold-silver skarn deposit, located 500 metres south of the southern boundary of the Twin gold project; Northwest Copper's Lorraine copper/gold/platinum group element deposit located 30 kilometres north of the Twin gold project; Centerra Gold Inc.'s Mount Milligan copper-gold porphyry mine, located 100 kilometres to the southeast of the Twin gold project; Pacific Ridge Exploration Ltd.'s Chuchi copper-gold project, located between Mount Milligan and the Twin gold project. Substantial exploration work has been completed on the Twin gold project, including 109 drill holes totalling 21,878 metres. This work has resulted in the discovery of more than 15 zones of known mineralization, representing three styles, namely high-grade gold-quartz veins, alkalic-related gold mineralization and alkalic-porphyry copper-gold mineralization. The mineralized zones on the Twin gold project include the following. Takla-Rainbow zone Historical drilling in this zone has indicated the presence of anomalous gold mineralization, including drill hole TR13-88, which returned 22.52 metres grading 2.26 parts per million gold, 2.15 ppm silver and 0.19 per cent copper from 68.00 to 90.52 metres, and drill hole DDH-24, which tested the zone 130 metres to the northwest and returned 131.98 metres grading 1.32 ppm gold and 0.78 ppm silver. The former drill hole was terminated due to extreme winter weather despite still being in mineralization at 90.52 metres. Red zone Alkalic copper-gold mineralization occurs at the Red zone, where historic drilling has returned 187 metres grading 0.29 per cent copper, 0.07 ppm gold and 2.33 ppm silver (hole RZ06-04), including 33 metres of 0.59 per cent copper, 0.14 ppm gold and 4.19 ppm silver, and 10 metres of 0.98 per cent copper with 0.19 ppm gold and 7.68 ppm silver. Historic drilling targeted a near-surface chargeability anomaly, with a coincident magnetic high. The near-surface IP (induced polarization) anomaly partially overlies a large deeper 3-D IP anomaly, which measures approximately 900 by 300 metres in size. The areas of highest chargeability at depth have not been tested by drilling. East Red zone Alkalic copper-gold mineralization also occurs at the East Red zone. This zone is untested by any drilling and is a high priority for further work. Two chargeability anomalies represent the western and eastern portions of what is assumed to be a continuous, strong, wide, near- surface chargeability anomaly and coincident magnetic high. A gap in IP coverage exists between the two anomalies. The western near-surface IP anomaly is underlain at depth by what was the strongest chargeability anomaly from a 2007 3-D IP survey, while the area to the east was not covered by the 3-D IP survey. Ridge zone The Ridge zone is an unexplored epithermal target located on a prominent northwest-trending ridge about 400 metres south of the Takla-Rainbow zone and is interpreted as the preserved top of the alkalic porphyry system. Elevated values (to 9.95 ppm gold and 415.7 ppm silver) have been returned from historic rock samples at the Ridge zone. Talka-Rainbow East zone Elevated gold (plus silver, lead and zinc) values have been returned from numerous historic rock samples collected over an 85-metre-by-150-metre area at the Talka-Rainbow East zone. Rock samples collected by the company in 2024 returned gold values of 32.1 ppm, 25.2 ppm, and 16.35 ppm, respectively, from mineralization that is similar to alkalic-related quartz-pyrite-magnetite mineralization at the Takla-Rainbow zone. The Talka-Rainbow East zone is associated with a large gold-silver soil anomaly and is another high-priority target that is untested by any drilling. Disclaimer Readers are cautioned that the discussion about adjacent or similar properties is not necessarily indicative of the mineralization or potential of the Twin gold project. The company has no interest in or right to acquire any interest in any such adjacent properties. Historical drill intercepts listed in this news release are core intercepts. Further information is needed to determine how the core intercepts relate to the true width of mineralization. With the exception of sampling by the company in 2024 at the Talka-Rainbow East zone, assay results reported above are historical in nature and have not been verified by a qualified person. Qualified person This news release has been reviewed and approved by Linda Caron, MSc, PEng, who is acting as the company's qualified person for the Twin gold project, in accordance with regulations under National Instrument 43-101. Ms. Caron is independent in accordance with Section 1.5 of NI 43-101. About Quarterback Resources Inc.: Quarterback Resources is engaged in the identification, acquisition, exploration and development of mineral resource projects. The company holds the exclusive option to acquire a 100-per-cent interest, subject to a 2-per-cent net smelter return royalty, in the Twin gold project, which consists of 16 mineral claims covering approximately 11,110 hectares in the Omineca mining division in British Columbia We seek Safe Harbor.
View at source ↗