Early Warning Press Release - Frank Guillemette Announces Completion of Acquisition of Common Shares of Caprock Mining Corp
Insider Boosts Stake in Caprock Mining After Drill Results Confirm Deep High-Grade Gold Potential

The most recent news, an early warning disclosure dated May 14, 2026, reports that existing large shareholder Frank Guillemette acquired 813,500 common shares of Caprock Mining Corp. at a cost of $81,350 CAD (average $0.10/share). His total holding rises to 14.69 million shares and 4.63 million warrants, representing approximately 14.93% on a fully diluted basis, up from 12.88% at the previous filing. The acquisition is for investment purposes only. The purchase follows the May 12 release of consistent high-grade gold intercepts from the final three deep drill holes at the Destiny project in Quebec, including 8.32 g/t Au over 2.6m.
The insider purchase is a modest vote of confidence after a string of robust drill results, but it does not alter the company’s fundamentals or resource base. It lacks the characteristics of a game‑changer: no new strategic investor, no transformational financing, and no unexpected operational breakthrough. The purchase is small relative to the insider’s existing position and was executed at market levels. Consequently, the news is routine‑positive—a marginal sentiment signal rather than a material event for the stock price or corporate development.
Caprock Mining Corp. is a junior gold explorer focused on its Destiny gold property in the Abitibi greenstone belt near Val d’Or, Quebec. The property hosts a large open‑pit constrained mineral resource (March 2025 MRE):
- Indicated: 6.75 Mt @ 0.91 g/t Au (196,549 oz)
- Inferred: 28.56 Mt @ 0.87 g/t Au (794,886 oz)
Recent deep drilling (2025‑2026) has intersected high‑grade mineralization at 500‑600m depth, well below the pit shell, suggesting the potential for an underground resource. Key intercepts include 38.48 g/t Au over 1.6m within 23.2m of 2.84 g/t, and 8.32 g/t over 2.6m. A new 10‑hole, 3,200m shallow drill program is planned to expand the pit‑constrained resource westward.