Northwire Canada EditionWednesday, July 15, 2026
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EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0% EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0%
Production / Operations Routine +

Zodiac Gold Launches High-Resolution Drone Survey to Scale Arthington Discovery Across 16km Trend

Zodiac Gold Scales Arthington Discovery to District-System Status Amidst Execution of Funded Exploration Strategy

By The Northwire Desk — AI Analysis May 04, 2026 · 08:01 ZAU · 0.31 Zodiac Gold Inc.
Executive Summary
  • Date: 2026-05-04
  • Headline: Zodiac Gold Launches High-Resolution Drone Survey to Scale Arthington Discovery Across 16km Trend.
  • Core Activity: Commencement of a high-resolution drone magnetic and LiDAR survey over the 16km Arthington-Youth Camp trend at the Todi Gold Project, Liberia.
  • Scope: 47.8 km² area covering the 16km trend; flight lines at 50m spacing.
  • Drilling Context: Part of an ongoing 14,000m drilling campaign (2,343m completed across 13 holes to date).
  • Discovery Metrics: Gold mineralization intersected in 37 of 39 drill holes at Arthington.
  • Strategic Goal: Mapping structural controls and generating a digital terrain model to support mineral resource estimation.
  • Milestone: Mineral Resource Estimate (MRE) planned for Q4 2026.
  • Management Commentary: CEO David Kol emphasizes moving from a single discovery to a district-scale gold system, which creates real value.
Material Impact
  • Expectation Alignment: The news is consistent with the strategic roadmap established during the January 2026 $6.1M financing and subsequent exploration updates (Feb-April 2026). It confirms execution rather than introducing a surprise catalyst.
  • Market Impact: While positive, the launch of a survey is an operational step that typically does not move the stock significantly compared to assay results or resource estimates. The market has already priced in the potential for district-scale growth following the strong Phase 3 drilling results earlier in 2026 (e.g., April 2026 trenching and May 2025 drilling).
  • Progression: This follows a logical sequence: Financing -> Mobilization -> Drilling/Trenching -> Geophysical Survey -> Resource Estimate. The company is adhering to the timeline set in January 2026 (MRE expected Q4 2026).
  • Risk Mitigation: The survey aims to "target smarter, drill more efficiently," which reduces exploration risk and capital waste, a positive fundamental factor for long-term value.
ZAU · Price
Company Overview
  • Company: Zodiac Gold Inc. (TSX.V: ZAU).
  • Flagship Project: Todi Gold Project, Liberia.
  • Land Package: 2,316 km² along the Todi Shear Zone.
  • Key Targets: Arthington (proven high-grade), Ben Ben (extension of Arthington), Youth Camp, Feh Feh.
  • Status: Exploration/Development stage. No declared mineral resource yet; historic iron ore inferred resource noted for adjacent areas but gold is the primary focus.
  • Geology: Sheared amphibolite and melanocratic gneiss within a 16km gold-in-soil anomaly.
  • Management: David Kol (CEO), Tom Dowrick (Director of Exploration).
Read the original news release →

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Financings Jun 17, 2026 · 08:01

Zodiac Gold upsized its C$5.6 million financing to fund drilling at the Todi project as shares consolidate near key resistance levels.

Financings Jun 09, 2026 · 07:01

Zodiac upsizes financing to fund the Todi drilling campaign, targeting high-grade intersections across the deposit.

Financings