Northwire Canada EditionWednesday, August 12, 2026
Northwire
CRE 0.345 −2.8% GNG 0.100 +0.0% XTG 2.62 −0.8% LIFT 2.90 +1.1% ANK 0.325 −4.4% FIN 0.105 +0.0% BTO 7.17 +1.6% SGD 17.05 −0.8% CNC 1.55 −1.0% EFR 20.45 −0.7% UTWO 0.350 +0.0% LVX 0.540 +1.9% BONE 0.035 +0.0% CLCH 1.13 +0.9% DRY 0.305 +0.0% PUMA 0.130 +0.0% CRE 0.345 −2.8% GNG 0.100 +0.0% XTG 2.62 −0.8% LIFT 2.90 +1.1% ANK 0.325 −4.4% FIN 0.105 +0.0% BTO 7.17 +1.6% SGD 17.05 −0.8% CNC 1.55 −1.0% EFR 20.45 −0.7% UTWO 0.350 +0.0% LVX 0.540 +1.9% BONE 0.035 +0.0% CLCH 1.13 +0.9% DRY 0.305 +0.0% PUMA 0.130 +0.0%
Drill Results

Bronco Resources gets back staking at Placer Mountain

BRON · Price

Executive Summary

  • Bronco Resources expanded its Placer Mountain property by staking an additional 2,582 ha, bringing the total area to 17,036 ha.
  • A recent forest fire cleared vegetation over a highly prospective “Quartz Corridor” zone; the company has begun prospecting and sampling in these newly accessible areas.
  • Management indicated that an aggressive drilling program will follow completion of the current prospecting and sampling phase.

Key Details

  • Land Staking: 2,582 ha added to Placer Mountain property (total now 17,036 ha).
  • Fire Impact: Spring‑summer 2025 forest fire burned a significant portion of the property, including the Quartz Corridor trend, creating open ground for exploration.
  • Current Work: Prospecting and sampling are underway on newly staked ground, fire‑cleared terrain, and recently logged areas.
  • Exploration Outlook: An aggressive drilling program is planned once prospecting/sampling is completed; drilling will target the Quartz Corridor, Main vein extensions, Kodiak zone, and other underexplored southern portions.
  • Access Advantages: Logging roads and fire‑cleared zones provide improved access; historic discoveries (Main vein 2008, Kodiak zone) were made via similar routes.
  • CEO Comment: Corbin Stewart highlighted the “silver lining” of the fire clearing prospective ground and reaffirmed plans for aggressive drilling after fall prospecting.

Notable Quotes

“While any forest fire is a tragedy, there is silver lining for Bronco as a large portion of the project has been burned including the most prospective trend… We are focused on prospecting and sampling this area thoroughly throughout the fall… planning an aggressive drilling program once the current prospecting and sampling program is completed.” – Corbin Stewart, CEO

Qualified Person: R. Tim Henneberry, P.Geo., technical adviser (NI 43‑101).

Read the original news release →

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