Drill Results Routine +

Paradigm Gold Provides Corporate Update

Paradigm Gold advances Swift-Katie soil sampling, with phase II drilling contingent on securing capital.

By The Northwire Desk — AI Analysis Jun 24, 2026 · 07:31 PDQ · 0.095 Paradigm Gold Corporation

Executive Summary

Paradigm Gold held its Annual General Meeting on June 23, 2026, passing all resolutions including the re-election of the board and appointment of new senior management.
New management appointments include John Kerr (President), Lawrence Page (Chairman), Matthew Anderson (CFO), Arie Page (Corporate Secretary), and Jay Oness (VP Corporate Development).
Phase I soil sampling has commenced on the 100% owned Swift-Katie property in the Golden Arc, BC.
593 soil samples have been collected across the Swift and Allouez targets.
The Phase I program is fully funded with a C$250,000 budget.
A Phase II 3,000m drill program is proposed with a ~$500,000 budget.
Phase II drilling is explicitly contingent on subsequent financing and Phase I results.
Priority targets for Phase II focus on near-surface gold potential adjacent to historic hole SK17-015 and the historic Allouez prospect.
Additional prospecting is planned along a +1km long 'Alteration Corridor' to test a widespread gold-enriched vein system and a large alkali porphyry system at Katie.
Robert Macdonald, MSc. P.Geo., serves as the Qualified Person under NI 43-101.

Material Impact

The news represents incremental, expected progress on the company's exploration timeline.
Management changes are routine corporate governance updates and do not signal a strategic pivot or new leadership crisis.
Phase I soil sampling is a standard preparatory step for drilling and does not constitute a discovery or resource definition.
The proposed Phase II drill program is not yet funded or guaranteed. The explicit contingency on financing and results introduces execution risk.
No new capital raise, major contract, or assay results are disclosed. The market already priced in the need for exploration funding given the history of multiple small financings.
Impact is neutral to slightly positive on a routine basis, as it confirms the company is advancing its exploration plan, but lacks the catalyst required to move the stock materially.

PDQ · Price

Company Overview

Paradigm Gold Corp. is a junior exploration company focused on the Swift-Katie Cu-Au project in British Columbia's Golden Arc mineral belt.
The project is 100% owned, covering 8,797 hectares (19 MTO & Legacy claims) approximately 7 km SW of Salmo, BC.
The property contains two primary targets: the Swift gold target (epithermal veins) and the Katie copper-gold-silver porphyry deposit.
Historical drilling (2017) on Swift returned high-grade intercepts, including 2.5m @ 11.5g/t Au and 8.6m @ 3.1g/t Au.
Historical drilling on Katie returned wide, lower-grade intercepts, including 101.5m @ 0.19% Cu and 0.12g/t Au.
The company has invested approximately $3.5 million in exploration since 2006.
The project is in the advanced exploration stage, with a 5-year drill permit valid through December 31, 2030.

More from Paradigm Gold Corporation