Blossom Gold Announces Rehabilitation of Decline #2 Underway at Rosebud
Blossom opens Portal #2 and begins Decline #2 rehabilitation ahead of planned Q4 infill drilling at its project.
Blossom Gold Inc. (BGAU) confirmed that Portal #2 at its Rosebud Project is now open after contractor Small Mine Development LLC (SMD) removed a concrete plug. Rehabilitation of Decline #2 is actively underway, with work targeting approximately 3,000 feet of ground support, ventilation, and utility installation.
The company has identified underground drilling contractors and plans to commence an infill drilling program in the fourth quarter of 2026. This campaign targets approximately 27,000 feet to upgrade the open-pit resource and test for higher-grade underground mineralization. Results are expected to feed into an updated Mineral Resource Estimate targeted for the first quarter of 2027, which will support feasibility studies and Bureau of Land Management (BLM) permitting for a Plan of Operations. This announcement follows the July 16, 2026 update regarding the initiation of portal reopening and earthworks.
Blossom Gold Inc. (BGAU) released news on July 16 outlining the reopening of its portal, the removal of plugs, and the start of drilling in the fourth quarter. This update aligns with previously communicated timelines and represents a standard operational step, transitioning from surface drilling, which totaled approximately 9,337 meters as of June, to underground access.
The release did not disclose new financial data, resource upgrades, or permitting breakthroughs. Market expectations were already priced in, given the explicit Q4 2026 drilling timeline and Q1 2027 resource update targets stated in prior releases and the investor presentation. The impact on the stock price is expected to be neutral to mildly positive, consistent with routine project execution updates.
Blossom Gold Inc. is a pre-revenue exploration and development company focused on the Rosebud Project in Pershing County, Nevada. The project is a low-sulfidation, epithermal gold-silver deposit that was historically mined underground between 1997 and 2000, producing approximately 400,000 ounces of gold and 2.3 million ounces of silver.
The company’s current strategy centers on an open-pit, heap-leach operation targeting an inferred resource of 70.8 million tons at 0.62 grams per tonne of gold and 6.49 grams per tonne of silver. Blossom Gold is advancing permitting, metallurgical testing, and resource expansion drilling to support a feasibility study and target construction commencement in the second half of 2028. Management has assembled a team with prior experience at major Nevada operations and global mining firms.