Northwire Canada EditionTuesday, July 28, 2026
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LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Drill Results

Goldcana Reports Results from Phase I Exploration on the Triple F Gold Project

By The Northwire Desk — AI Analysis Mar 19, 2026 · 19:41 GC · 0.25 Goldcana Resources Inc.
GC · Price

Executive Summary

  • Goldcana Resources completed its Phase I exploration program on the Triple F Gold Project, delivering extensive geological mapping, soil/rock geochemistry, and re‑processed IP survey results.
  • Historic and recent sampling continue to show intermittent high‑grade gold (up to 12.5 g/t in grab samples) within a broadly low‑grade bulk‑tonnage system, confirming the presence of a sizable mineralized zone that remains open in all directions.
  • New zones of alteration and elevated gold have been identified, prioritising follow‑up trenching and further drilling in 2026.

Key Details

  • Project Location: ~28 km NW of Kelowna, BC; historic mineralization over a 300 × 250 × 250 m area, open to depth and laterally.
  • Historic Intercepts (illustrative):
  • DDH88‑04 – 10.97 m @ 0.58 g/t Au, 5.03 m @ 1.07 g/t Au, 9.75 m @ 0.50 g/t Au.
  • DDH88‑06 – 3.05 m @ 3.17 g/t Au.
  • Trench high‑grades: 9.77 g/t Au over 4 m; 3.12 g/t Au over 6 m.
  • Phase I Activities:
  • Geological mapping – 12.5 ha at 1:1,000 scale and 251 ha at 1:5,000 scale.
  • Soil geochemistry – 785 soil samples, 4 stream sediments, 50 rock chips; anomaly now 825 × 450 m (gold‑tellurium) with values up to 0.344 ppm Au.
  • Rock sampling – 50 grab samples; notable results: 7.38 g/t Au over 3.2 m (including 1 m @ 21 g/t Au); outcrop grab 12.5 g/t Au.
  • New alteration zone ~200 m north of main anomaly, 40 m trend; 5 grab samples returned 0.099–0.526 ppm Au.
  • Induced Polarization (IP) Survey: Re‑processed 1988 pole‑dipole data reveal a weak NNW‑trending chargeability anomaly coincident with soil anomalies; second parallel anomaly aligns with eastern soil anomaly. Both remain open to the south.
  • Qualified Person: Linda Caron, M.Sc., P.Eng., reviewed and approved the release per NI 43‑101.
  • Forward‑Looking Statements: Company intends further exploration (trenching, drilling) pending capital availability; option agreement for 100 % interest remains subject to net smelter return royalties of 2–3 %.

Notable Quotes

“The Phase I program has confirmed the presence of intermittent high‑grade gold within a large, low‑grade system and identified new targets that will be priority for follow‑up work in 2026.” – Clive Brookes, President & CEO

Materiality Assessment: Non‑Material – Positive (provides operational update without immediate financial impact).

Read the original news release →

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Oct 10, 2025 · 20:13

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Drill Results