Northwire Canada EditionFriday, July 17, 2026
Northwire
LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8%
Drill Results

Big Gold talks up neighbours in Northwestern Ontario

BG · Price

Executive Summary

  • Big Gold Inc. is advancing its 2026 exploration planning at the Martin Kenty and Tabor projects in Northwestern Ontario, capitalizing on renewed capital inflows and strategic consolidation in two active Archean greenstone belts.
  • The company highlights recent major transactions in adjacent districts, including AngloGold Ashanti’s $115.9M financing of the Moss gold project and Seva Mining’s acquisition of the Cameron gold project, validating the strategic value of Big Gold’s land positions.
  • Corporate updates include a $10,000 debt settlement via share issuance and the grant of 2.31 million stock options to directors, officers, and consultants.

Key Details

  • Exploration Planning: Targeting, data compilation, and program design are underway for an active 2026 field season at both projects.
  • Martin Kenty Project (Cameron Lake gold belt): Historical grab samples returned up to 8.04 g/t Au and 8.37 g/t Au. Mineralization is associated with felsic intrusions and strongly sheared, altered sericitic pyritic schists. The company is integrating historical/recent data and 2021 VTEM geophysical survey results to identify structurally controlled zones of mineralization.
  • Tabor Project (Shebandowan greenstone belt): Comprises 156 mineral claims covering ~3,120 hectares, located directly along strike and immediately east of the Moss gold project. Historical drilling, trenching, and sampling have identified multiple gold occurrences. The company is preparing for a potentially more aggressive 2026 field program.
  • Adjacent Transaction - Moss Gold Project: AngloGold Ashanti led a $115.9M strategic financing in Gold X2 Mining Inc. for the Moss project, which hosts ~2.46 million ounces of indicated and ~4.21 million ounces of inferred gold resources.
  • Adjacent Transaction - Cameron Gold Project: Seva Mining Corp. acquired the Cameron project from First Mining Gold Corp. in the Cameron Lake district; the project hosts ~994,000 ounces of gold resources.
  • Debt Settlement: Agreed to settle $10,000 of debt with an arm’s-length creditor by issuing 10,000 common shares at $0.05/share. Subject to CSE approval. Securities carry a 4-month, 1-day hold period. No insiders participating; no brokerage agreement involved.
  • Stock Options: Granted 2.31 million common share options to directors, officers, and consultants at an exercise price of $0.05/share, exercisable for five years from the grant date.

Notable Quotes

  • "We are seeing a clear influx of capital and strategic consolidation in the immediate vicinity of both of our projects, and we are moving aggressively to advance our 2026 exploration plans to capitalize on that momentum... signals strong validation of these districts," commented Scott Walters, CEO. "We believe Big Gold is uniquely positioned with district-scale exposure in two active gold belts at a time when the market is rerating high-quality exploration ground."
Read the original news release →

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