Northwire Canada EditionWednesday, July 29, 2026
Northwire
NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Drill Results

Sorrento outlines 3 soil Au anomalies at Rodgers Cove

SRS · Price

Executive Summary

  • Identified three high‑grade soil gold anomalies at Rodgers Cove, the largest measuring ~525 m × 450 m.
  • Historic trench intersected 115.6 g/t Au over 1 m on the edge of the 400 m × 475 m anomaly – a drill‑ready target.
  • Company will commence at least 1,500 m of diamond drilling later this week; also announced board appointment (Joseph Cullen) and resignation (Brent Clark).

Key Details

  • Soil Sampling Program (2025): 2,405 samples collected across four grids.
  • Anomaly #1 – North Grid (NG): ~525 m × 450 m area; multiple high‑grade soil values up to 1.302 g/t Au.
  • Anomaly #2 – South Grid 1 (SG1): ~400 m × 475 m area; adjacent historic trench returned 115.6 g/t Au over 1 m (never drill‑tested).
  • Anomaly #3 – South Grid 2 (SG2): ~125 m × 150 m area; reinforces gold potential across the property.
  • Soil Grade Highlights: 13 samples >0.5 g/t Au, peak value 1.302 g/t Au; 288 samples anomalous ≥50 ppb Au.
  • Drilling Plan: Diamond drill rig expected to arrive later this week; minimum of 1,500 m of drilling slated to test the identified anomalies.
  • Project Context: Rodgers Cove sits on tidewater in Gander Bay, Newfoundland (≈50 km north of Gander), within the Central Newfoundland Gold Belt’s Exploits subzone along Appleton and JBP faults. 12 mineral licences covering 6,500 ha (260 claims).
  • Board Appointment: Joseph Cullen appointed to Sorrento’s board; former CEO of Metalsource Mining Inc., with extensive public‑market and corporate finance experience.
  • Board Resignation: Brent Clark resigned from the board; company expressed gratitude for his service.

Notable Quotes

“The identification of multiple large‑scale and high‑grade soil anomalies at Rodgers Cove significantly enhances the project's potential… The project has never been drill tested, which presents a rare opportunity in such a well‑endowed and active gold belt.” – Alex Bugden, President & CEO, Sorrento Resources Ltd.

Read the original news release →

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