Northwire Canada EditionFriday, July 10, 2026
Northwire
AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.67 +3.7% SGZ 0.040 −11.1% GRSL 0.310 −3.1% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.67 +3.7% SGZ 0.040 −11.1% GRSL 0.310 −3.1%
Drill Results

Advanced Gold to incorporate U.S. subsidiary

AUEX · Price

Executive Summary

  • Advanced Gold Exploration Inc. is incorporating a US subsidiary, Silver Belle Resources LLC, to hold its 2,000-acre Silver Belle project in Eureka County, Nevada.
  • The company has engaged ProDeMin USA LLC and Dr. Craig Gibson to execute a Phase 1 exploration program starting in mid-to-late April 2026, which will culminate in a NI 43-101 technical report.
  • The program aims to modernize historical exploration data through mapping, sampling, and advanced geophysics, building on documented high-grade silver-lead-zinc-antimony production from the property.

Key Details

  • Corporate Restructuring: Incorporation of wholly owned US subsidiary (Silver Belle Resources LLC) to hold ~100 unpatented lode mining claims (2,000 acres) in Eureka County, Nevada.
  • Technical Advisor & QP: Agreement with ProDeMin USA LLC; Dr. Craig Gibson, PGeo, appointed as Qualified Person under NI 43-101 to oversee the program and technical report.
  • Phase 1 Program Scope:
  • Geological mapping: 3 weeks of detailed field mapping across the claim block and surrounding areas
  • Systematic sampling: 50 to 100 rock and soil samples for geochemical analysis
  • Advanced field tech: Deployment of field-portable XRF measurements and drone-acquired orthophotos/video
  • Data compilation: Integration of all field data into a comprehensive GIS database
  • Timeline: Field work commences mid-to-late April 2026; technical report expected approximately two months after program start.
  • Historical Assay Data: A documented 1937 smelter return from the Silver Bell Mining Co. yielded 1,611 g/t Ag (47 oz/t), 37% Pb, 10% Zn, 1% Cu, and 3,000 g/t Sb, confirming the property's location within an antimony-enriched carbonate replacement deposit (CRD) belt.
  • Strategic Context: Project situated in the prolific Eureka mining district; exploration will target high-grade replacement and feeder structures at depth to establish a compliant technical foundation for future drilling and resource definition.

Notable Quotes

  • "Finalizing our Nevada corporate structure and engaging a team of ProDeMin's calibre are essential steps in our 2026 strategy. Dr. Gibson's extensive expertise in high-grade mineralization will be invaluable as we modernize the data on Silver Belle and move toward a compliant technical foundation for the project." — Arndt Roehlig, President and CEO
Read the original news release →

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