Northwire Canada EditionSunday, July 26, 2026
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Production / Operations

Loyalist Exploration Provides 2025 Lookback, 2026 Outlook

PNGC · Price

Executive Summary

  • Loyalist Exploration reviewed its 2025 “Buy Timmins” strategy, highlighting the acquisition of four properties (Gold Rush, Loveland, Tully, DeSantis) and raising approximately $1.4 M in capital.
  • The company added three new directors, expanded its advisory board, and appointed a CFO and Principal Consulting Geologist.
  • For 2026, Loyalist outlined detailed exploration, permitting, resource estimation, and acquisition activities across all four Timmins‑area properties, plus participation in several industry events.

Key Details

  • 2025 Acquisitions:
  • Gold Rush (southwest of Timmins) – acquired February 2025.
  • Loveland (northeast of Timmins) – acquisition completed summer 2025.
  • Tully – primary focus; acquisition closed October 2, 2025.
  • DeSantis – announced December 1, 2025 as fourth property.

  • Capital Raised: Approximately $1.4 million in 2025 to fund acquisitions and early‑stage work.

  • Share Performance: Share price increased from $0.005 to $0.04; market cap reached ~ $16 million by year‑end 2025.

  • Management & Board Additions (2025):

  • Directors: Bob Bresee, Michael Cachia (Audit Committee Chair), David Drinkwater.
  • Advisory board members: Jean Roy, Kevin Filo, Steve Balch, Birks Bovaird.
  • Executives: Ashley Nadon, CPA – Chief Financial Officer; Curtis Ferron, P.Geo. – Principal Consulting Geologist.

  • 2026 Exploration & Development Plans:

  • Tully Property: Execute east‑west strike exploration, commence permitting, NI 43‑101 resource estimate, and a Preliminary Economic Assessment (PEA).
  • DeSantis Property: Complete property review, finalize acquisition, and begin field exploration later in 2026.
  • Loveland Property: Conduct full technical review and prepare summer 2026 field program.
  • Gold Rush Property: Implement spring/summer geochemical and geophysical surveys.

  • Acquisition Strategy: Continue evaluating high‑quality assets within the Timmins “golden ring” consistent with the “Buy Timmins” approach.

  • Industry Events (2026):

  • Virtual webinar series – Jan 15, 2026.
  • Mining Investment Event – June 2‑4, 2026 (Quebec City).
  • Canadian Mining Expo – June 10‑11, 2026 (Timmins, Ontario).

Notable Quotes

  • Errol Farr, President & CEO: “While matching the scale of Timmins’ historic major mining companies remains an ambitious goal, Loyalist’s objective is clear: to build a strong, growth‑oriented exploration and development company that delivers meaningful shareholder returns and becomes a long‑term contributor to the Timmins mining community.”

Materiality Assessment: Non‑Material – Positive (provides strategic update and forward‑looking plans without immediate financial results or material transactions).

Read the original news release →

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