Drill Results
Earthwise Minerals Approves 2026 Drill Program to Advance Talon Zone at Iron Range Gold Project
Earthwise Approves 1,200m Drill Program at Iron Range

Executive Summary
- Most Recent News (April 30, 2026): Earthwise Minerals approved a 2026 exploration program for the Iron Range Gold Project in British Columbia.
- Drill Program Scope: Minimum of 1,200 metres of diamond drilling targeting the Talon Zone.
- Timeline: Work scheduled to commence mid-May 2026.
- Management: Terralogic Exploration Inc. will manage execution.
- Historical Context (Talon Zone): Previous drill hole IR10-010 showed high-grade intercepts including 7.1m @ 8.13 g/t Au, 2.84% Pb, 3.07% Zn, and 86.6 g/t Ag.
- Option Agreement: Company holds option to earn up to 80% interest from Eagle Plains Resources Ltd.
- Previous Financing (March 31, 2026): Closed non-brokered private placement raising $703,500 via 14M+ units at $0.05/unit. Proceeds allocated to exploration and working capital.
- Management Changes: Board additions in February 2026 (Karen Mate, Andy Randell) following previous resignations in January/February.
Material Impact
- News Rating: Routine - Positive. The approval of the drill program is a confirmation of the plan announced on February 26, 2026 ("Planning Underway").
- Incremental Nature: The scope increased slightly from the planned 1,000m to approved 1,200m, but this does not constitute new data or a material change in project economics.
- Market Expectation: The market likely priced in the drilling activity following the February announcement and subsequent financing in March.
- Financial Impact: No immediate revenue impact; costs are capitalized exploration expenditures funded by recent cash raises ($703k).
- Dilution Risk: Recent financings (Nov 2025, Feb 2026, Mar 2026) have increased share count significantly, creating ongoing dilution pressure.
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Company Overview
- Company: Earthwise Minerals Corp. (Penny stock exploration company).
- Flagship Project: Iron Range Gold Project, British Columbia.
- Location: ~21,437 hectares near Creston, BC; situated on the Iron Mountain Fault Zone within the Proterozoic Belt-Purcell Supergroup.
- Infrastructure: Accessible via Highway 3; supported by regional rail, power, and natural gas.
- Geology: Structurally controlled gold system with historic intercepts of up to 14m @ 5.1 g/t Au (plus Pb, Zn, Ag).
- Status: Exploration stage; option agreement in place to earn majority interest.
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Jun 16, 2026 · 07:00