Drill Results
New Analysis Strengthens Mercator Gold System and Confirms High-Grade BIF Continuity
Small-cap Quebec gold explorer validates high-grade BIF continuity ahead of 2026 drilling campaign.

Executive Summary
- Canadian GoldCamps Corp. released high-resolution 25 cm re-sampling results from drill core at its Mercator Gold Project in Quebec.
- Approximately 82% of 111 sub-samples returned gold values above detection limits.
- Peak sub-sample values include 6.77 g/t Au in hole MCT-22-11 and 3.40 g/t Au in hole MCT-22-08.
- The results validate the stratiform BIF-hosted gold system model and isolate individual high-grade bands within broader composite intervals.
- The data will refine exploration targeting for the 2026 field season, with multi-element geochemical data pending.
- QA/QC checks show strong reproducibility, with certified reference material recoveries between 0.978 and 1.054.
Material Impact
- This is an exploration validation update, not a resource estimate or economic study.
- It confirms the continuity and high-grade nature of the Meridian Zone, directly supporting the company's stated 2026 strategy to validate historical datasets before committing to a diamond drilling campaign.
- The news does not alter near-term financial projections, capital requirements, or valuation multiples.
- It is an incremental, expected step in the exploration lifecycle. The market has already priced in the exploration plan and capital raise.
CAMP · Price
Company Overview
- Canadian GoldCamps Corp. (CSE: CAMP) is an early-stage gold exploration company focused on the Mercator and Courcy projects in the Caniapiscau district of Quebec.
- In April 2026, the company completed a definitive option agreement with Stelmine Canada Ltd. to earn up to an 80% interest in both projects.
- The initial 10% interest was secured upon signing, with an additional 70% contingent on completing a PEA or pre-feasibility study within six years.
- The company is currently in the validation and target-prioritization phase, preparing for systematic exploration and future drilling.
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Jun 08, 2026 · 23:48