Blossom Gold Announces Selection of Kappes, Cassiday and Associates as Lead for Rosebud's Feasibility, the Rosebud Technical Team and Provides an Update on Permitting Activities Supporting a 2029 Start of Construction
Blossom launches the Rosebud feasibility study led by KCA, targeting a 2029 construction start for the project.
Blossom Gold Inc. has appointed Kappes, Cassiday & Associates (KCA) as the lead consultant for the Rosebud Feasibility Study, with work scheduled to commence in Q2 2027. The company reported 26,555m of drilling completed since April 2026, with an additional 19,817m planned through Q1 2027 to support an updated NI 43-101 Mineral Resource Estimate (MRE).
Permitting activities for the Environmental Impact Statement (EIS) are on schedule, targeting a 2029 construction start and first production in late 2030/early 2031. Metallurgical testing is ongoing at KCA's lab, with column results expected in Q4 2026. The technical team includes Northern Lights Mining, GMining Services, NewFields MDTS, Westland Resources, and SRK Consulting.
Blossom Gold Inc. (BGAU) appointed KCA and released an updated drilling and permitting timeline, developments that align with the company’s previous guidance and stated project development roadmap. This announcement represents an execution milestone rather than a fundamental shift in project economics or resource size. The market had already priced in a Q2 2027 feasibility start and a Q1 2027 updated mineral resource estimate (MRE). The news is considered incremental and expected, confirming that the company is adhering to its schedule without introducing genuinely new, unexpected, or market-moving information that would alter the investment thesis at this stage.
Blossom Gold Inc. (BGAU) is a pre-revenue exploration and development company focused on the Rosebud Project in Pershing County, Nevada. The project is a brownfield property transitioning from a historic underground mine to a proposed open-pit, heap-leach operation. Current Inferred Resource estimates stand at 70.8 million tons at 0.62 g/t Au and 6.49 g/t Ag, containing 1.28 moz Au and 13.4 moz Ag.
Secondary exploration targets include the 100%-owned Kamma Claims, which recently returned initial gold intercepts validating hydrothermal alteration models. The company is targeting a 2029 construction start and late 2030/early 2031 production.