Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

Cambria Gold Reports First Results from Premier Underground Infill Drilling: Including 19.82 g/t Au over 5.0 meters and 483.0 g/t Au over 1.0 meters at Prew Zone

By The Northwire Desk — AI Analysis Jun 09, 2026 · 07:31 CAMB · 1.13 Cambria Gold Mines Inc.
Executive Summary
  • Cambria Gold Mines reported initial underground drill results from its 2026 infill program at the Premier Gold Project (PGP), specifically targeting the Prew Zone.
  • Key intercepts include 19.82 g/t Au over 5.0 meters (including 45.88 g/t Au over 2.0 m) and a high-grade interval of 483.0 g/t Au over 1.0 meter.
  • The results validate the geological continuity of gold grades and host structures, confirming that closer drill spacing (~12.5m centers) is effective for modeling post-mineral faults and supporting development planning for a potential mine restart.
  • The company is actively running two underground and one surface drill rig, with plans to continue underground drilling into early Q3 2026.
  • Total 2026 drilling objective remains at 27,000 meters across Premier Project deposits. Surface drilling will shift to the Silver Coin and Big Missouri deposits in early July 2026.
  • QA/QC protocols remain robust, utilizing ALS Canada (ISO 17025 certified) with fire assay, atomic absorption finish, and gravimetric re-analysis for samples over 100ppm Au.
Material Impact
  • The Prew Zone results are a direct follow-up to the February 2026 announcement of the 27,000m infill program and the April 2026 602 Zone results. They are expected and incremental to the broader development plan.
  • While the grades are strong, they do not represent a new discovery or a material change to the project's economics. The primary impact is operational validation: confirming that the 12.5m spacing will yield the geological confidence needed for mine planning and resource upgrading.
  • The news aligns with management's stated roadmap to upgrade resources and prepare for a mill restart. It does not trigger immediate capital raising or alter the feasibility study timeline (targeted for Q4 2026).
  • From a risk perspective, the results mitigate some exploration uncertainty but do not eliminate execution, permitting, or dilution risks. The market has already priced in the infill program, making this a routine positive update rather than a market-moving catalyst.
CAMB · Price
Company Overview
  • Company: Cambria Gold Mines Inc. (formerly Ascot Resources Ltd.), listed on TSX-V (CAMB) and OTCQX (CAMVF).
  • Flagship Project: Premier Gold Project (PGP) in northwestern British Columbia's Golden Triangle.
  • Project Status: Development-stage. The company is conducting a 27,000m infill drilling program to upgrade resources and support a mine restart. The 2,500 tpd mill is under care and maintenance.
  • Key Deposits: Premier-Northern Lights (PNL), Prew Zone, 602 Zone, Big Missouri, Silver Coin, and Red Mountain.
  • Strategic Plan: Hub-and-spoke model blending high-grade Red Mountain ore (75%) with bulk tonnage from Premier (25%) to feed the existing mill.
  • Other Assets: Mt. Margaret copper-gold porphyry deposit in Washington, USA, slated for spin-out.
Read the original news release →

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