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MEK 0.055 +0.0% TGOL 0.100 −9.1% FCI 0.400 −7.0% SGQ 0.350 +0.0% SASK 0.980 −3.9% WGX 4.58 −1.9% GMX 1.88 +2.7% DSV 8.80 −3.5% MQM 0.170 +0.0% VIZ 0.190 +0.0% HBM 31.92 +0.2% CNC 1.56 −1.3% ALGR 0.485 −8.5% MSG 0.200 −2.4% ECU 1.72 +1.8% MEK 0.055 +0.0% TGOL 0.100 −9.1% FCI 0.400 −7.0% SGQ 0.350 +0.0% SASK 0.980 −3.9% WGX 4.58 −1.9% GMX 1.88 +2.7% DSV 8.80 −3.5% MQM 0.170 +0.0% VIZ 0.190 +0.0% HBM 31.92 +0.2% CNC 1.56 −1.3% ALGR 0.485 −8.5% MSG 0.200 −2.4% ECU 1.72 +1.8%
Drill Results

Kestrel Partner Centerra Drilling Results at QCM Gold Property

By The Northwire Desk — AI Analysis Oct 10, 2025 · 08:30 KGC · 0.065 Kestrel Gold Inc.
KGC · Price

Executive Summary

  • Centerra Gold completed 7,276 m of diamond drilling on Kestrel’s 100% owned QCM property between May 25 and September 29, 2025.
  • Partial assay results from the Main Zone include a notable intercept: 137 m @ 0.522 g/t Au (hole QCM‑25‑006) with visible gold in a quartz vein (3.68 g/t Au over 1 m).
  • The drilling program met the minimum 13,500 m required under Centerra’s option agreement; remaining results will be released when available, and up to an additional 2,500 m of drilling is planned.

Key Details

  • Option Agreement: Centerra holds an exclusive option to earn a 75% interest in QCM by paying $900,000 cash and completing $6.5 M of exploration work (including ≥13,500 m of drilling) by May 7, 2029.
  • Drilling Coverage:
  • Main Zone – 16 holes, 4,455 m total.
  • 14 Vein – 14 holes, 2,821 m total.
  • Partial Assay Highlights (Main Zone):
  • Hole QCM‑25‑001 – multiple intervals; highest grade 1.046 g/t Au over 12.8 m.
  • Hole QCM‑25‑003 – several high‑grade sections, e.g., 13.6 g/t Au over 1 m (56–57 m).
  • Hole QCM‑25‑006 – 137 m @ 0.522 g/t Au; includes 3.68 g/t Au over 1 m of visible gold.
  • Remaining Results: Assay data for the Main Zone and all 14 Vein holes are pending and will be disclosed in a future release.
  • Quality Assurance/Control: Half‑split NQ core sampled at 1 m intervals; analysis performed by Bureau Veritas using fire assay (FA430). QA/QC samples inserted approx. every ten samples; no material issues identified.
  • Field QA: Provided by Centerra during drilling; Kestrel’s Qualified Person, Greg Lynch P.Geo., reviewed and approved all technical information.
  • Future Drilling: Up to an additional 2,500 m planned to follow up on new Main Zone results.

Notable Quotes

“We are excited that Centerra continued drilling into October to infill at the Main Zone further testing QCM potential. Drilling at QCM's Main Zone returned encouraging results as the numbers dictate.” – Pat Lynch, President & CEO, Kestrel Gold Inc.

Read the original news release →

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