Caprock Provides Update on Drilling and Announces Expansion of Drill Program at Its Destiny Gold Project

Executive Summary
- Caprock Mining Corp. is expanding its Destiny gold property drill program from an initial 4 holes (1,700‑2,000 m) to 8‑9 holes (4,500‑5,000 m) targeting deeper, high‑grade zones.
- The three holes completed to date intersected silica‑flooded, sulphide‑rich zones at depths consistent with the company’s geological model, suggesting strong gold potential.
- Historical drill holes DES-01-60 and DES-01-59 returned high grades (up to 26.6 g/t Au and 17.5 g/t Au) at ~550 m depth; the current program aims to test both the vertical gap (200‑250 m) above the open‑pit floor and a lateral gap (>200 m) between those historic holes.
Key Details
- Current Drill Results (to date):
-
Three holes intersected significant silica flooding with sulphide mineralization and intense shearing at expected depths; assay results pending, to be released starting January 2026.
-
Program Expansion:
- Original plan: 4 holes, 1,700‑2,000 m total.
-
Revised plan: 8‑9 holes, 4,500‑5,000 m total, extending drilling into Jan‑Feb 2026.
-
Target Zones:
1. Vertical Gap: 200‑250 m above the floor of the conceptual open pit (DAC deposit) to intersect deeper high‑grade zones.
2. Lateral Gap: >200 m between historic holes DES-01-60 and DES-01-59. -
Historical Intercepts (reference):
- DES-01-60 – 26.6 g/t Au at ~550 m depth.
-
DES-01-59 – 17.5 g/t Au at ~550 m depth.
-
MRE Summary (as of March 2025):
- Indicated: 6,752,000 t @ 0.91 g/t Au → 196,549 oz Au.
- Inferred: 28,560,000 t @ 0.87 g/t Au → 794,886 oz Au.
-
Cut‑off grade: 0.30 g/t Au (open‑pit constrained).
-
Technical Review: Qualified Person – Ms. Suzie Tremblay (OGQ #10664), VP of Operations for Explo‑Logik Inc., reviewed and approved all scientific information.
-
Forward‑Looking Statements: Company anticipates publishing assay results in January 2026; expects 2026 to be a defining year for Destiny exploration.
Notable Quotes
“We’re very excited to report that all three drill holes… have intersected significant zones of silica flooding with sulphide mineralization and intense shearing at approximately the same depths downhole as were expected based on our geological model for Destiny.” – Vishal Gupta, President & CEO
All boilerplate, safe‑harbor language, and company background sections have been omitted for brevity.