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Solstice Gold Expands Red Cedar Discovery with Multiple High-Grade Gold Intercepts and New Polymetallic Target at the Strathy Gold Project, Ontario

Solstice identified high-grade gold intercepts and a new polymetallic target at the Red Cedar discovery within its Strathy Gold Project in Ontario.

By The Northwire Desk — AI Analysis Jun 03, 2026 · 07:00 SGC · 0.065 Solstice Gold Corp.

Executive Summary

Solstice Gold Corp. released drill results from its 2026 winter-spring campaign at the Strathy Gold Project in Northeast Ontario.
The program consisted of 14 diamond drill holes totaling 3,087 metres, targeting a 600m x 1,000m IP anomaly at the Red Cedar Discovery.
High-grade visible gold intercepts were confirmed, including 59.60 g/t Au over 0.5m, 28.70 g/t Au over 1.0m, and 25.10 g/t Au over 0.6m.
A new polymetallic gold-silver-base metal occurrence was intersected: 3.09 g/t Au, 20.80 g/t Ag, 0.88% Zn, and 0.27% Pb over 3.83m at ~120m depth.
Statistical coverage shows 57% of holes intersected ≥1.00 g/t Au and 93% intersected ≥0.25 g/t Au.
Mineralization is concentrated at shallow depths (0–150m) and is associated with multiple generations of veining and the P0667 Fault.
The company plans follow-up surface stripping, channel sampling, and additional drilling to test high-grade veins and the new polymetallic zone.

Material Impact

The results are a direct follow-up to the August 2025 Red Cedar discovery (8.52 g/t Au over 3.5m) and align with the company's stated exploration plan.
The discovery of high-grade visible gold and a new polymetallic target reinforces the geological model of a large-scale, multi-event hydrothermal system.
While the grades are compelling, the news is incremental and expected given the prior IP survey and drill program commencement announcements.
No fundamental change to the project's status or valuation drivers has occurred; it remains an exploration-stage asset without defined resources or reserves.
The news is consistent with management's previous guidance and does not represent a market-moving deviation from expectations.

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Company Overview

Solstice Gold Corp. is a Canadian exploration company focused on grassroots gold projects in Ontario and Nunavut.
Flagship Project: Strathy Gold Project, located in the Temagami Greenstone Belt, Abitibi Subprovince, Northeast Ontario.
The project benefits from excellent infrastructure, located less than 1 km from the Trans-Canada Highway, which significantly reduces exploration and mobilization costs.
The Red Cedar Discovery is the primary focus, characterized by shallow, high-grade gold mineralization within a large IP chargeability anomaly.
The company also holds interests in other regional targets, including the Leckie Gold Zone and White Pine targets, which remain underexplored.

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