Drill Results
Opus One Gold Corp Releases the First Assay Results from Its Winter Drilling Program on Noyell
“Drilling confirms mineralization, but West Zone adds complexity”

Executive Summary
- On 2026‑04‑08 Opus One Gold released first assay results from its winter drilling program on the Noyell property.
- Twelve thousand metres of the planned 14 000 m have been drilled; four rigs are operating.
- Key intercepts (Zone 1):
- 0.42 g/t Au over 2.43 m (true width 2.03 m) – weakening eastward trend.
- 0.16 g/t Au over 5 m (true width 4.44 m).
- 1.11 g/t Au over 5.4 m (true width 4.44 m).
- 0.59 g/t Au over 3.01 m (true width 2.51 m).
- 2.64 g/t Au over 7.45 m (true width 6.58 m) at 400 m depth – strong core of the main ore shoot.
- Zone 2 grades are lower, ranging from 0.38‑0.76 g/t Au.
- Five holes were drilled in the newly explored West Zone; mineralization style appears distinct (volcanic/intrusive/sedimentary host) and its structural relationship to Zones 1‑2 is still uncertain.
- QA/QC procedures are robust (NQ core, fire‑assay with ICP‑OES finish, control sample every nine).
- CEO Louis Morin notes the season was “very challenging” but emphasizes that geological complexity can be positive for gold discovery.
Material Impact
- Nature of information: Routine drilling update. The company has been releasing step‑by‑step assay results throughout 2025‑2026; this release follows the expected schedule and does not introduce a surprise breakthrough.
- Comparison to prior expectations: Intercepts are broadly in line with earlier drill results (e.g., 3‑4 g/t Au near surface, 1‑2 g/t Au at depth). The strongest core (2.64 g/t Au) confirms the high‑grade shoot previously hinted at, but the grades for most holes remain modest (<1 g/t Au).
- West Zone: First drilling ever; the data are inconclusive and highlight uncertainty rather than immediate upside. This adds a potential future target but does not materially shift valuation today.
- Overall materiality: The news is positive (new assay data, confirmation of core zone) but routine because it was anticipated by the market and fits the existing drilling narrative. No new financing, partnership or resource estimate change accompanies it.
OOR · Price
Company Overview
Opus One Gold Corp. is a junior gold explorer focused on its 100 % owned Noyell property in the Abitibi Greenstone Belt, Quebec. The flagship discovery is Zone 1, a steeply dipping sulphide‑hosted gold shoot that extends from surface to >500 m depth and shows grades up to ~2.6 g/t Au over several metres. Zone 2 is adjacent but lower grade; the newly defined West Zone may represent a separate mineralized system.
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