Northwire Canada EditionFriday, July 10, 2026
Northwire
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

Blossom Gold Reports Initial, Open Pit Expansion and Infill Drill Results from the Rosebud Open-Pit, Heap-Leach Project

Blossom reports wide low-grade intercepts at Rosebud, underscoring the deposit’s scale while heap-leach economics remain unproven.

Executive Summary

Blossom Gold Inc. (BGAU) has released initial drill results from its 2026 infill and expansion program at the Rosebud open-pit, heap-leach project in Nevada. The company has completed 9,337 meters of a planned 24,000-meter campaign.

Highlights from the drilling include: * Hole BG26-008 returned a 294.2-meter true-thickness intercept averaging 0.245 g/t Au, with internal zones grading up to 0.549 g/t. * Other holes returned 42.7 meters of 0.440 g/t and 99.5 meters of 0.392 g/t.

The company noted that mineralization is pervasive from surface to basement, is oxide-dominant, and lacks high sulfides or refractory character, conditions favorable for cyanide leaching. Drilling is also testing extensions outside the current pit-shell, which management stated demonstrates growth potential.

Column leach testing is scheduled to begin in early Q4 2026, with bottle-roll tests expected by late July or early August 2026. Underground infill drilling is planned for Q4 2026.

Material Impact

Blossom Gold Inc. (BGAU) released assay results that align with expectations following its February 2026 announcement of a 24,000 m drill campaign and a May 2026 update confirming the completion of 4,000 ft of metallurgical core. The reported grades are consistent with the project’s low-grade bulk-tonnage nature, which currently holds a resource grade of 0.62 g/t Au.

While the company notes that some holes intersected above-cut-off grades well outside the current pit shell—potentially adding tonnage—the wide intercept of 0.245 g/t remains below the 0.17 g/t cut-off used in the resource pit shell. Consequently, these results do not materially alter the resource profile on their own. The market was already aware that expansion drilling was underway, and the news does not present a new, unanticipated discovery or a step-change in grade. The value-defining catalyst, column leach recoveries, remains months away. Until then, these assays serve as incremental de-risking data points.

BGAU · Price
Company Overview

Blossom Gold Inc. is a Nevada-focused gold-silver explorer and developer that is the 100% owner of the Rosebud Project in Pershing County, Nevada. The Rosebud deposit is a low-sulphidation epithermal system featuring an existing inferred open-pit resource of 70.8 Mt at 0.62 g/t Au and 6.5 g/t Ag, containing 1.28 Moz Au and 13.4 Moz Ag. Additionally, the project includes a preliminary underground inferred resource of 352 koz Au at 3.94 g/t.

The company is advancing the project toward a heap-leach operation, with construction targeted for mid-2028. The project benefits from existing infrastructure, including roads and power, and is located in a strong permitting jurisdiction, with Nevada ranked number one in mining investment attractiveness. The company also holds 100%-owned Kamma claims that offer exploration upside.

Read the original news release →

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