Northwire Canada EditionFriday, July 17, 2026
Northwire
GGA 5.60 +5.7% WGX 4.30 −2.9% FL 0.405 −1.2% SSRM 36.04 −0.9% CD 0.240 +4.3% GEN 0.070 +0.0% ALS 56.03 −2.5% LIFT 3.11 −1.3% NTR 94.50 +0.2% ICON 0.045 +0.0% LMG 0.450 +0.0% NZP 0.045 −10.0% RJX 0.035 +16.7% PRU 4.57 −1.5% MOO 0.720 +0.0% GGA 5.60 +5.7% WGX 4.30 −2.9% FL 0.405 −1.2% SSRM 36.04 −0.9% CD 0.240 +4.3% GEN 0.070 +0.0% ALS 56.03 −2.5% LIFT 3.11 −1.3% NTR 94.50 +0.2% ICON 0.045 +0.0% LMG 0.450 +0.0% NZP 0.045 −10.0% RJX 0.035 +16.7% PRU 4.57 −1.5% MOO 0.720 +0.0%
Drill Results Material +

Zodiac Gold Intersects Near-Surface High-Grade Gold in First-Ever Drilling at Ben Ben, Confirming 1km Mineralized Trend Within a 16km District-Scale Trend

Zodiac’s maiden Ben Ben drilling validates a 1 km mineralized trend, transforming an untested target into a potential discovery and strengthening the district-scale Todi narrative.

Executive Summary

Zodiac Gold released the first assay results from its maiden diamond drilling program at the Ben Ben target within the Todi Gold Project, Liberia. All nine holes for which assays have been received intersected gold mineralization over a 1 km strike length. Highlights include 14.85 m at 1.55 g/t Au (incl. 0.8 m at 13.15 g/t Au), 17.65 m at 0.81 g/t Au (incl. 1 m at 5.67 g/t Au), and 11.45 m at 0.96 g/t Au starting at just 10 m depth. Mineralization is shallow-dipping (~30°), hosted in sheared amphibolite with sulphides. The drilling confirms the geological model and indicates a potentially larger, connected gold system within the 16 km Arthington–Youth Camp corridor. Assays for five additional completed holes are expected within three weeks, and Phase 2 of the 2026 program is being planned with a third rig. The company is aiming for a maiden Mineral Resource Estimate in Q4 2026.

Material Impact

This is the first-ever drill test of Ben Ben, a target that previously showed only trench and channel-sample anomalies. The near-surface, consistent intercepts across a full kilometre of strike demonstrate that gold mineralization is not limited to the Arthington discovery 1.3 km away but extends into a potentially separate, parallel trend. The grades are moderate but include higher-grade internal zones, and the shallow depths suggest open-pit potential. The market had already priced in some expectation given the strong trench results (e.g., 30 m at 1.24 g/t Au, with a 25.1 g/t spike), but the drilling confirms continuity and provides hard data. The news is genuinely new and de‑risks the Ben Ben target materially; it could accelerate the resource‑definition timeline and adds another leg to the district‑scale thesis. The stock had been consolidating near $0.33 after a pullback from April highs, and this announcement should provide a fresh catalyst. Therefore, the impact is material and positive.

ZAU · Price
Company Overview

Zodiac Gold is a West African gold explorer focused on the 2,316 km² Todi Gold Project in Liberia, located along the Todi Shear Zone. The flagship Arthington discovery has intersected gold in 37 of 39 drill holes, with notable intercepts like 18 m at 4.67 g/t Au. The Ben Ben target, 1.3 km southeast of Arthington, is now emerging as a second discovery. The company holds a contiguous land package with multiple drill‑ready targets along a 16 km gold‑in‑soil anomaly. Management and insiders own ~26%, and the board includes experienced industry figures (e.g., IAMGOLD’s Renaud Adams as advisory board member). The project is in a proven gold region, just 20 km from the New Liberty Gold Mine.

Read the original news release →

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