Northwire Canada EditionFriday, July 10, 2026
Sign inSubscribe
Northwire
⌕
ABX 51.91 −0.6% TTS 2.50 +0.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 22.75 +9.4% TUNG 1.72 +1.8% LGO 1.00 −3.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.45 +0.3% SGZ 0.045 +0.0% S 0.160 +33.3% GRSL 0.315 −1.6% DEX 0.395 +2.6% WMS 0.040 +0.0% EMPR 0.830 +1.2% ABX 51.91 −0.6% TTS 2.50 +0.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 22.75 +9.4% TUNG 1.72 +1.8% LGO 1.00 −3.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.45 +0.3% SGZ 0.045 +0.0% S 0.160 +33.3% GRSL 0.315 −1.6% DEX 0.395 +2.6% WMS 0.040 +0.0% EMPR 0.830 +1.2%
Drill Results Routine +

Blue Jay Gold Announces Arrival of LithologIQ Hyperspectral Core Scanning System at the Steller Project

Yukon Gold Explorer Deploys Hyperspectral Core Scanning to Reinterpret 120,000m of Historical Drill Data

By The Northwire Desk — AI Analysis Jun 30, 2026 · 08:00 JAY · 0.75 Blue Jay Gold Corp.
Executive Summary
  • Blue Jay Gold Corp. has mobilized LithologIQ’s hyperspectral core scanning system to its 100%-owned Steller Gold Project in southern Yukon.
  • The system will re-examine 40,000 metres of drill core, starting with ~24,000 metres of historical core this year.
  • The technology uses seven sensors across visible to mid-wave infrared ranges to rapidly collect integrated mineralogical, magnetic, and structural data.
  • Objectives include characterizing indicator minerals, building a consistent geological dataset, resolving 3D district architecture, and guiding future exploration targets.
  • The company simultaneously announced multiple media and investor relations agreements (Market One Media, CanaCom Group, Winning Media, Caesars Report) totaling approximately $376,000 CAD/USD/EUR to enhance market awareness and digital distribution.
  • Technical content was reviewed by Freeman Smith, P.Geo., VP Exploration.
Material Impact
  • The deployment of the hyperspectral scanner is a logical, cost-effective extension of the exploration program announced in early June.
  • Re-logging historical core does not immediately generate revenue or upgrade resources; it is a preparatory step to identify new drill targets.
  • The IR/media spend is proportionally significant for a sub-$40M market cap company, indicating a deliberate push for visibility following the TSXV listing.
  • No new financial metrics, resource updates, or operational milestones are disclosed that would alter the fundamental valuation or risk profile.
  • The stock has traded in a tight $0.69–$0.82 range since listing, and this update aligns with the previously communicated exploration roadmap.
JAY · Price
Company Overview
  • Blue Jay Gold Corp. is a junior mining company focused on the Steller Gold Project in southern Yukon, Canada.
  • The project is 100% owned, sits on a 170 km² contiguous land package, and is located ~55 km by road from Whitehorse.
  • Historical production of ~80,000 oz Au at 13 g/t confirms high-grade character.
  • NI 43-101 resource comprises 400,000 oz AuEq Indicated at 9.06 g/t AuEq and 450,000 oz AuEq Inferred at 6.45 g/t AuEq.
  • The company completed a brokered private placement and received conditional TSXV listing acceptance in early June 2026, with trading commencing June 4, 2026.
Read the original news release →

More from Blue Jay Gold Corp.

Jun 11, 2026 · 08:00

Fully funded Yukon gold-silver explorer initiates 16k-metre drilling campaign ahead of TSXV listing.

Drill Results Jun 03, 2026 · 18:32

Blue Jay Gold Confirms Fully Funded Yukon Drilling Push as TSXV Listing Looms

Drill Results Jun 01, 2026 · 19:44

Not provided

Financings