Northwire Canada EditionFriday, July 31, 2026
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TGOL 0.100 −9.1% FCI 0.415 −3.5% SGQ 0.350 +0.0% SASK 0.980 −3.9% WGX 4.59 −1.7% GMX 1.86 +1.6% DSV 8.80 −3.5% MQM 0.170 +0.0% MNO 1.51 −3.2% VIZ 0.190 +0.0% HBM 31.96 +0.4% CNC 1.53 −3.2% ALGR 0.490 −7.5% MSG 0.200 −2.4% ECU 1.72 +1.8% NAM 0.250 −2.0% TGOL 0.100 −9.1% FCI 0.415 −3.5% SGQ 0.350 +0.0% SASK 0.980 −3.9% WGX 4.59 −1.7% GMX 1.86 +1.6% DSV 8.80 −3.5% MQM 0.170 +0.0% MNO 1.51 −3.2% VIZ 0.190 +0.0% HBM 31.96 +0.4% CNC 1.53 −3.2% ALGR 0.490 −7.5% MSG 0.200 −2.4% ECU 1.72 +1.8% NAM 0.250 −2.0%
Drill Results Material +

Kestrel Gold Reports 2025 Diamond Drill Results from its 100% owned QCM Gold Property, British Columbia (Pursuant to Option to earn in Agreement with Centerra Gold) with Grades reporting up to 72 metres of 0.60 g/t Gold on the Main Zone and 22.35 metres o

Low-grade long-intercept drilling at QCM property expands mineralized footprint while Centerra Gold continues to shoulder exploration costs.

By The Northwire Desk — AI Analysis Feb 10, 2026 · 08:00 KGC · 0.045 Kestrel Gold Inc.
Executive Summary

The February 10, 2026, news release details the results of the 2025 diamond drilling program at the QCM Gold Property in British Columbia. Kestrel’s partner, Centerra Gold, completed 9,110.5 metres across 36 holes. Significant findings include hole QCM25-035 (72m of 0.591 g/t Au) and QCM25-036 (93.94m of 0.501 g/t Au) in the Main Zone. The drilling expanded the Main Zone to a 500m strike length, 200m width, and 270m depth. Additionally, initial 24-hour bottle roll tests yielded gold recoveries exceeding 90%. Centerra continues to operate under an option agreement to earn a 75% interest by spending $6.5 million and making $900,000 in cash payments by May 2029.

Material Impact
  • Positive: The expansion of the Main Zone and the 14 Vein area (now 300m strike) suggests a growing resource footprint. The 90% recovery rate from bottle roll tests is a critical de-risking factor for potential future processing.
  • Neutral/Cautionary: The gold grades reported (0.4 to 0.6 g/t Au) are relatively low for an exploration project of this stage, requiring significant scale to be economically viable.
  • Strategic: Centerra’s continued funding is essential. As of the last financial report (March 2025), Kestrel had only $76,139 in cash. Without Centerra, the project would likely stall.
  • Comparison: The 2025 results are consistent with the 2024 RC results (e.g., 0.75 g/t over 88m), indicating a stable but low-grade mineralized system.
KGC · Price
Company Overview

Kestrel Gold Inc. focuses on gold exploration in the Cordillera of British Columbia and Yukon. Its flagship is the QCM Property (8,729 hectares), which covers a 15-kilometre segment of the Manson Fault Zone. Historically, the project has produced high-grade grab samples (up to 1,777 g/t Au at Farrell), but recent systematic drilling by Kestrel and Centerra has focused on large-tonnage, low-grade targets.

Read the original news release →

More from Kestrel Gold Inc.

Oct 10, 2025 · 08:30

Kestrel Partner Centerra Drilling Results at QCM Gold Property

Drill Results