Northwire Canada EditionWednesday, August 12, 2026
Northwire
DBG 2.00 −1.5% MOG 0.620 +6.9% CRE 0.345 −2.8% GNG 0.100 +0.0% XTG 2.76 +4.5% LIFT 2.90 +1.1% ANK 0.325 −4.4% FIN 0.105 +0.0% BTO 7.19 +2.0% SGD 16.75 −2.5% CNC 1.56 −0.6% EFR 20.23 −1.8% UTWO 0.370 +5.7% LVX 0.530 +0.0% BONE 0.035 +0.0% CLCH 1.14 +1.8% DBG 2.00 −1.5% MOG 0.620 +6.9% CRE 0.345 −2.8% GNG 0.100 +0.0% XTG 2.76 +4.5% LIFT 2.90 +1.1% ANK 0.325 −4.4% FIN 0.105 +0.0% BTO 7.19 +2.0% SGD 16.75 −2.5% CNC 1.56 −0.6% EFR 20.23 −1.8% UTWO 0.370 +5.7% LVX 0.530 +0.0% BONE 0.035 +0.0% CLCH 1.14 +1.8%
Drill Results

1911 Gold Intersects 12.69 g/t Au over 2.40 m on SAM Southeast and Discovers New Zone at True North Gold Project

AUMB · Price

Executive Summary

  • Surface drill program at the True North Gold Project intersected multiple high‑grade gold zones, notably 28.60 g/t Au over 0.50 m and 12.69 g/t Au over 2.40 m on the SAM Southeast target, and a new “Shore” discovery with 33.80 g/t Au over 0.80 m.
  • A total of 8 drill holes (3,557 m) were released for SAM SE and Shore; results from an additional five holes on SAM West are pending.
  • Underground drilling has commenced (Oct 1 2025) with plans to mobilize a second rig in late October and to focus on depth extensions of the newly discovered zones and resource delineation.

Key Details

  • Drill Hole TN‑25‑065 (SAM SE): 28.60 g/t Au over 0.50 m; 12.69 g/t Au over 2.40 m (including 15.20 g/t Au over 0.70 m and 24.90 g/t Au over 0.70 m).
  • Drill Hole TN‑25‑062 (SAM SE): Multiple intercepts – 7.05 g/t Au over 0.50 m; 6.21 g/t Au over 0.50 m; 7.03 g/t Au over 3.20 m (including 20.10 g/t Au over 0.50 m and 18.60 g/t Au over 0.50 m); 7.38 g/t Au over 1.10 m (including 11.40 g/t Au over 0.60 m).
  • Drill Hole TN‑25‑063 (SAM SE): 19.40 g/t Au over 1.40 m; 5.46 g/t Au over 1.00 m; 4.37 g/t Au over 1.20 m; 6.74 g/t Au over 0.60 m.
  • Drill Hole TN‑25‑070 (Shore target): 33.80 g/t Au over 0.80 m – confirming the new Shore discovery.
  • Overall drilling effort: 70 surface holes completed, totaling 18,501.4 m; latest phase added 8 holes (3,557 m) on SAM SE and Shore.
  • Underground program: Started Oct 1 2025 with one rig on Level 16 (695 m depth); second rig slated for H2‑2025. Focus on extending surface discoveries at depth and testing new targets.
  • Future work: Planned geological mapping, underground drill extensions of SAM SE, SAM West, Shore, and resource delineation from Level 16; rehabilitation of L13 deposit area and Level 6 to improve access.
  • Permitting: 2,500 m drill program at Ogama‑Rockland pending permit issuance (expected before year‑end 2025).

Notable Quotes

“Our surface drill program … continues to demonstrate the size potential of these targets to add to the mineral resource base and potentially expand our future mining operations,” – Shaun Heinrichs, President & CEO.


All technical data reviewed by Michele Della Libera, P.Geo, Vice‑President Exploration (Qualified Person under NI 43‑101).

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