Northwire Canada EditionSunday, August 2, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Sankamap Metals mobilizes field crew to Kuma

SCU · Price

Executive Summary

  • Sankamap Metals Inc. is advancing toward its inaugural drill program at the Kuma property in the Solomon Islands, with field crews mobilized for camp construction, drill pad development, and rock sampling.
  • Drilling is currently on track to commence in February 2026, with a drill rig already dispatched to Guadalcanal.
  • The company highlights compelling historical geochemical data, including rock samples returning up to 13.5 g/t Au and 11.7% Cu, supporting the interpretation of a porphyry-style copper-gold system analogous to nearby major deposits like Lihir and Panguna.

Key Details

  • Project Location: Kuma property, 4,500 hectares, located ~37 km southeast of Honiara, south-central Guadalcanal, Solomon Islands.
  • Drilling Timeline: Inaugural drill program scheduled to begin in February 2026.
  • Current Field Activities:
    • Drill pad construction completed.
    • Camp construction underway (expected completion in coming weeks).
    • Field crew mobilized for rock sampling and target refinement.
    • Drill rig dispatched to Guadalcanal.
  • Geochemical Results (Historical & Recent):
    • Historical boulder sampling returned values up to 13.5 g/t Au and 11.7% Cu.
    • At the nearby Fauro property (Meriguna target), historical trenching returned 8.0m at 27.95 g/t Au and 14.0m at 8.94 g/t Au.
    • Recent sampling at Kiovakase target (Fauro) returned copper values up to 4.09% Cu.
    • Historical shallow drilling at Fauro intersected 35.0m at 2.08 g/t Au.
  • Geological Context:
    • Property lies along a prospective trend hosting major deposits: Lihir (71M oz Au) and Panguna (19.3M oz Au, 5.3M t Cu).
    • Located ~15 km south of the producing Gold Ridge mine (8.4M oz Au).
    • Interpretation suggests a long-lived hydrothermal system with early-stage stockwork quartz veining overprinted by cross-cutting quartz-sulphide veins containing abundant pyrite.
  • Sampling & QA/QC:
    • 44 initial surface rock samples collected and shipped to ALS Global in Brisbane, Australia.
    • Analysis includes four-acid digestion for 34 elements, fire assay for gold (50g sample), and hyperspectral analysis.
    • ALS is NATA accredited and ISO/IEC 17025 compliant.

Notable Quotes

  • John Florek, CEO: "We are excited to launch our inaugural drill program at Kuma. With ongoing fieldwork, including camp and drill pad development, rock sampling, and a drill rig on route to the property, we are well positioned to advance high-potential targets. The team is focused on efficiently progressing the program in this highly prospective region, with drilling on track to begin in February, 2026."
  • John Florek, CEO: "Kuma benefits from established in-country support, located approximately 15 kilometres south of the producing Gold Ridge mine... Notably, historical boulder sampling has returned values of up to 13.5 g/t Au and 11.7 per cent Cu, underscoring the exceptional exploration potential."
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