Drill Results
Gold Finder Provides Update on Exploration Activities in Northwestern Ontario

GLD · Price
Executive Summary
- Gold Finder provided detailed exploration updates for its five northwestern Ontario projects, highlighting recent sampling results, ongoing work plans, and upcoming field activities.
- No material drilling intercepts were disclosed; the release mainly outlines future exploration targets and collaborative discussions with First Nations and partners.
- The information is primarily non‑material in nature (neutral impact on valuation).
Key Details
- West Madsen Property – 100% owned, 5,936 ha. Summer 2025 prospecting and soil sampling results are pending review; data to be released shortly. Adjacent to WRLG’s operating Madsen Mine (3,800 oz Au produced in July 2025).
- Slate Falls Property – 100% owned, 5,100 ha. Historic grab samples up to 331.8 g/t Au and 3,025 g/t Ag; drill intercepts up to 78.5 g/t Au and 73.7 g/t Ag over 0.24 m. Recent airborne magnetic survey identified east‑northeast‑trending shear zones. Upcoming work: re‑evaluation of Trail & Sanderson zones, mapping/sampling of FTM Zone (historical 149 g/t Au) and Fry Lake #5 (3.8 g/t Au, 0.083% U₃O₈). Ongoing discussions with local First Nations on an updated Exploration Agreement.
- Pipestone Bay Property – 100% owned, 1,015 ha. Summer prospecting yielded <2–74 ppb Au; identified banded iron formations with historic anomalies up to 730 ppb Au. The 991 Zone (eastern part) is drill‑ready; one 2004 hole intersected a 200 m quartz‑sericite alteration zone with anomalous Au/Cu. No new significant grab results reported. Property lies adjacent to WRLG’s Rowan property, which has a PEA indicating 0.197 Moz at 12.78 g/t Au (Indicated).
- Pakwash North Property – 40% owned (partner BTU Metals 60%). Recent EM/IP surveys and four‑hole drill program returned low Cu, Zn, Au values. Property borders BTU’s Dixie Halo (optioned to Kinross) and Kinross’s Bruce Lake property. Kinross drilling (~8,000 m) expected Q4 results; potential spill‑over effect on Pakwash North noted.
- McDonough Property – 100% owned, 1,054 ha. Comprehensive review of 2023 drill program identified two new target areas for mapping, prospecting, and soil sampling: (1) south of 2023 holes near a regional unconformity with intrusive rock similar to Winter Road Lake West occurrence (0.435 g/t Au, 2.7 oz/ton Ag historic), and (2) north of 2023 holes where 2019 work found additional intrusive outcrops.
- Qualified Person – Coleman Robertson, P. Geo, reviewed and approved the technical contents per NI 43‑101.
Notable Quotes
(None included in the release)
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Jul 07, 2026 · 08:02