Northwire Canada EditionFriday, September 18, 2026
Northwire
GOLD 4411.80 +0.3% SILVER 67.00 +1.4% COPPER 6.65 −0.1% OIL 96.34 −5.5% PALLADIUM 1332.00 +2.2% TUO 1.65 +0.6% MTT 0.240 +0.0% MGM 2.75 +4.2% FISH 5.79 +0.0% GTC 0.970 −1.0% DLTA 0.220 +4.8% ASTR 0.395 +14.5% ONAU 0.610 +3.4% BRAU 0.500 +4.2% SCZ 12.45 +7.5% ROS 0.200 +5.3% SGC 0.095 +0.0% CAM 0.460 +4.5% GGO 1.09 +2.8% PX 0.145 +7.4% LVX 0.435 +11.5% GOLD 4411.80 +0.3% SILVER 67.00 +1.4% COPPER 6.65 −0.1% OIL 96.34 −5.5% PALLADIUM 1332.00 +2.2% TUO 1.65 +0.6% MTT 0.240 +0.0% MGM 2.75 +4.2% FISH 5.79 +0.0% GTC 0.970 −1.0% DLTA 0.220 +4.8% ASTR 0.395 +14.5% ONAU 0.610 +3.4% BRAU 0.500 +4.2% SCZ 12.45 +7.5% ROS 0.200 +5.3% SGC 0.095 +0.0% CAM 0.460 +4.5% GGO 1.09 +2.8% PX 0.145 +7.4% LVX 0.435 +11.5%
Drill Results Neutral

Pelangio Advances Multiple Exploration Programs Across Ghana

Pelangio advances CSEM and drilling across the Manfo, Obuasi, and Dankran projects in its Ghana exploration program.

Executive Summary

Pelangio Exploration Inc. (PX) announced operational progress across its Ghana portfolio on September 18, 2026. This update follows the completion of the 2026 Manfo drill program on September 16, which extended the Pokukrom East deposit 150 meters north and confirmed mineralization remains open downdip.

The company completed a 2.8km² Controlled Source Electromagnetic (CSEM) survey at Manfo, utilizing 100 EM stations to target deeper mineralization beyond recent drilling. Additionally, a collaborative CSEM survey with AngloGold Ashanti is set to commence at Obuasi in late September. This effort will cover 9.2km² on Pelangio’s property and extend 6km into AngloGold Ashanti’s mine property. The survey is expected to require six to eight weeks of field time, followed by one month for inversion.

On the drilling front, Pelangio has commenced a 2,000-meter Reverse Circulation (RC) program at TuNya on the earn-in portion of the Obuasi property to test Au-in-soil anomalies, with assays expected in October. Diamond drilling is also planned at Dankran, consisting of five holes totaling 650 meters to follow up on 2021 RC results. One or two additional holes may test hard rock artisanal and small-scale mining (ASM) sites, with assays anticipated by December.

Material Impact

Pelangio Exploration Inc. (PX) issued a standard operational update detailing the progression of previously announced exploration programs. The release contains no new assay results, resource estimates, or financing announcements. The timeline for Obuasi CSEM, TuNya RC assays, and Dankran DD assays aligns with prior management guidance and the company's published exploration calendar.

PX · Price
Company Overview

Pelangio Exploration Inc. (TSX-V: PX) is a gold exploration company focused on its Ghana portfolio. Its flagship asset is the Manfo Project, which comprises the Pokukrom East and Pokukrom West deposits. The company also holds the Obuasi Project, located adjacent to AngloGold Ashanti's mine, and the Dankran Project.

The company is currently in the exploration stage and has no production operations. A mineral resource filed on Sept 10, 2025, reported 441,000 ounces Indicated at 1.16 g/t Au (11.8 Mt) and 396,000 ounces Inferred at 0.77 g/t Au (16.0 Mt).

Pelangio’s strategy involves utilizing CSEM geophysics and diamond/RC drilling to extend known resources and identify new targets at depth.

Read the original news release →

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