Northwire Canada EditionSaturday, August 1, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results Material +

Zodiac Gold Commences Follow-up Trenching at the Ben Ben Target

Advancing district-scale gold exploration in Liberia.

Executive Summary

The most recent news release (February 4, 2026) announces the commencement of a 1,600-meter follow-up trenching program at the Ben Ben target within the Todi Gold Project in Liberia. This initiative follows the February 2 announcement of drill rig mobilization and is a critical component of the company’s 2026 exploration strategy. The trenching is designed to refine drill targets for a 14,000-meter diamond drilling program set to begin in February 2026. The company is leveraging historical high-grade channel samples (up to 71 g/t Au) and 2025 trenching results (30m at 1.24 g/t Au) to justify this expansion along a 16km gold-in-soil anomaly.

Material Impact

The news is material and positive as it signals the transition from a period of corporate uncertainty and capital constraints to an aggressive operational phase. - Operational Pivot: After terminating M&A negotiations with Avesoro Resources in January 2026, the company is now fully committed to a "go-it-alone" strategy. The start of on-the-ground work confirms they are moving rapidly to prove value independently. - Scale of Ambition: The 1,600m of trenching is the tactical precursor to a 14,000m drill campaign, which is the largest in the company’s history. - Treasury Utilization: This work is the first major deployment of the $6.1 million raised in January 2026. For a company that had only $20,650 in cash as of September 30, 2025, the ability to fund a project of this magnitude is a significant reversal of fortune.

ZAU · Price
Company Overview

Zodiac Gold is focused on its flagship Todi Gold Project in Liberia. The project is situated along the Todi Shear Zone and features a 16km gold-in-soil anomaly. The primary targets are Arthington (where 37 of 39 holes hit mineralization) and Ben Ben. The company also holds iron ore licenses (Bomi South and Bong West) through a strategic partnership with Vitol, providing potential multi-commodity upside.

Read the original news release →

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