Zodiac Gold Commences Drill Mobilization at Ben Ben and Advances 2026 District-Scale Exploration Strategy

The most recent news release (February 2, 2026) announces the mobilization of two diamond drill rigs to the Ben Ben target at the Todi Gold Project in Liberia. This marks the beginning of the 2026 exploration strategy, which includes a planned 14,000 metres of diamond drilling, 3,600 metres of trenching, and 10,000 soil samples across a 16-kilometre corridor. This follows the successful closing of a $6.1 million Listed Issuer Financing Exemption (LIFE) offering on January 28, 2026. The program targets extensions of mineralized zones identified in 2025 trenching (30m at 1.24 g/t Au) and previous high-grade results at the nearby Arthington discovery.

The news is Material - Positive as it signals the transition from a capital-constrained junior to a fully funded, active explorer. - Project Scaling: The 14,000-metre drill program is a massive leap from the 3,000-metre Phase III program conducted in early 2025. It suggests management is aggressive about defining a resource. - Operational Confirmation: Following the collapse of M&A negotiations with Avesoro Resources in early January 2026, there was concern regarding the company’s ability to advance Todi independently. This news confirms they have the rigs and the cash to execute. - Strategic Validation: The inclusion of drone-based geophysics and district-scale soil sampling indicates a systematic approach to what they call a "16-kilometre gold-in-soil anomaly," moving beyond single-target exploration.

Zodiac Gold is a West African gold explorer focused on the Todi Gold Project in Liberia. - Flagship Project: Todi covers a 16km gold-in-soil anomaly along the Todi shear zone. - Historical Success: Drilling at the Arthington target yielded significant intercepts (e.g., 18m at 4.67 g/t Au and 6m at 10.60 g/t Au). - Infrastructure: Located only 13km from Monrovia with year-round accessibility and proximity to existing power lines.