Northwire Canada EditionThursday, July 30, 2026
Northwire
ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0% ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0%
Drill Results

Gold Finder samples up to 438 ppb Au at West Madsen

GLD · Price

Executive Summary

  • Gold Finder Resources released summer 2025 field program results from its 100 % owned West Madsen gold project, highlighting multiple gold‑in‑soil anomalies along the Balmer‑Confederation structural corridor.
  • Highest soil anomaly recorded was 228 ppb Au near Tack Lake (Area 1) and a historic rock sample returned 438 ppb Au, indicating potential high‑grade mineralization.
  • Follow‑up drilling in Area 2 previously intersected 0.42 g/t Au and 0.94 % Cu over 1 m; recent soil work supports the hypothesis that the Balmer‑Confederation contact lies farther south than earlier models, guiding future exploration plans.

Key Details

  • Program Scope: Emerald Geological Services conducted prospecting and soil sampling in June 2025 on Block A (west & east claim boundaries). Collected 25 rock grab samples and 218 A‑horizon soil samples.
  • Area 1 – Western Boundary:
  • Three north‑south soil lines, each 1.2 km long, spaced 200 m apart, with 25 m sample stations.
  • Highest result: 228 ppb Au on south side of valley west of Tack Lake.
  • Next highest: 109 ppb Au near a linear magnetic high.
  • Historical rock sample (syenitic with quartz veining) returned 438 ppb Au (original Ontario assessment file listed 178 ppb).
  • Area 2 – Eastern Boundary:
  • Two peak soil anomalies: 76 ppb Au each, located near drill hole WM‑23‑04 (which intersected 0.42 g/t Au and 0.94 % Cu over 1 m).
  • Mafic volcanic outcrop sample returned 117 ppb Au, situated ~50 m from the eastern Block A boundary.
  • Historical Context: Prior drilling (2020‑2024) intersected significant gold grades:
  • WM‑20‑05: 14.4 g/t Au over 0.5 m (Balmer mafic volcanic).
  • WM‑21‑22: 0.16 g/t Au over 195 m; 0.51 g/t Au over 10.9 m (Confederation felsic intrusive).
  • WM‑24‑05 (2024): 0.28 g/t Au over 15 m and 0.85 g/t Au over 9.44 m (silicified metasediments).
  • Interpretation: Soil and rock anomalies suggest the Balmer‑Confederation contact may be positioned farther south than previously modeled, influencing upcoming exploration targeting.
  • QA/QC: Samples processed by Activation Laboratories (ActLabs) in Thunder Bay under ISO/IEC 17025 accreditation; soil analyzed via INAA (method 2A) and aqua regia ICP (method 2C1); rock fire‑assayed (methods 1A2-50, 1F2).
  • Technical Review: Coleman Robertson, BSc, PGeo, VP Exploration for Emerald Geological Services – qualified person per NI 43‑101.

Notable Quotes

“The identification of new gold‑in‑soil anomalies along regional structural corridors… will aid in the systematic exploration along these structures,” — Greg Lytle, President, Gold Finder Resources Ltd.

Read the original news release →

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