Drill Results
Junior Miners Take Center Stage as Record Gold Prices Trigger Search for High-Grade Discovery

GGR · Price
Executive Summary
- Golden Goose Resources Corp. signed a definitive agreement to acquire up to 100% of the Gran Esperanza Project in Río Negro Province, Argentina – a district‑scale epithermal gold‑silver property covering ~44,400 ha.
- Multiple junior miners reported high‑grade drilling and surface sampling results: Tectonic Metals (364 g‑m intercept at Chicken Mountain), Goldsky Resources (completion of 100% ownership of Barsele Gold Project in Sweden), Benz Mining (13 m @ 29 g/t Au at Icon, WA) and Cassiar Gold (15.7 m @ 3.80 g/t Au with 176.5 g/t Au over 0.3 m at Newcoast).
- The market commentary highlights a tightening gold supply environment driving a re‑rating of junior producers and emphasizing the strategic value of these high‑grade projects.
Key Details
- Golden Goose – Gran Esperanza Acquisition
- Definitive agreement with Valcheta Exploraciones S.A.S. to acquire up to 100% interest.
- Property size: ~44,400 ha; located in Los Menucos District, North Patagonian Massif, Argentina.
- Historical work: >10 km of low‑sulfidation epithermal veins exposed at surface, vein widths 1–5 m.
- Surface sampling (Dec 2025): four rock‑chip samples; three >2.0 g/t Au, one sample 14.34 g/t Au.
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Infrastructure: 2 km from paved highway, year‑round access, adjacent to Southern Copper’s ready‑to‑drill target.
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Tectonic Metals – Chicken Mountain (Flat Gold Project, Alaska)
- Intercept: 364 g‑m (9.94 g/t Au over 36.58 m; 15.73 g/t Au over 22.86 m; 104.23 g/t Au over 3.05 m).
- Drill success: 100% across 176 holes, 61% ending in mineralization.
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Ongoing program: assay results pending from 34 additional holes (18,373 m total in 2025).
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Goldsky Resources – Barsele Gold Project (Sweden)
- Definitive agreement to acquire remaining 55% interest from Agnico Eagle.
- Consideration: US$20 M cash + 75.5 M shares + 2% NSR royalty.
- Resulting ownership: 100% of Barsele (Indicated 320,781 oz Au; Inferred 1.83 M oz Au) on ~25,000 ha.
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Post‑fundraising: Agnico Eagle to hold ~32.5% of Goldsky and provide nine‑month transition support; expected closing Q2 2026.
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Benz Mining – Icon Discovery (Glenburgh Gold Project, Western Australia)
- Infill drill result: 13 m @ 29.0 g/t Au from 60 m depth.
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System-wide intercepts: ~200 m @ 1.0 g/t Au; corridor >3 km strike, only 30% tested.
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Cassiar Gold – Newcoast Regional Prospect (Northern BC)
- Drill hole 25NC‑017: 15.7 m @ 3.80 g/t Au, including 176.5 g/t Au over 0.3 m.
- 2025 program: 7,308 m across 20 holes; identified new higher‑grade, visible gold‑bearing structure.
- Plans: assess unmined high‑grade mineralization from historic underground mines (≈315,000 oz Au at 10–20 g/t) and evaluate tailings for metallurgical testing.
Notable Quotes
- “Signing the Definitive Agreement for Gran Esperanza represents an important milestone and transformative step for Golden Goose.” – Dustin Nanos, CEO, Golden Goose Resources.
- “A 364 gram‑meter intercept combined with 100% drill success is rare in exploration.” – Tony Reda, President & CEO, Tectonic Metals.
- “The acquisition of the remaining 55% interest in Barsele is a transformational milestone for Goldsky.” – Russell Bradford, President & CEO, Goldsky Resources.
- “Results from Icon reinforce our view of a large, coherent mineralised system with genuine scale.” – Mark Lynch‑Staunton, CEO, Benz Mining.
- “We are pleased with the final results of the 2025 drill program and look forward to expanding focus in 2026.” – Marco Roque, President & CEO, Cassiar Gold.
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Jun 24, 2026 · 08:50