Northwire Canada EditionThursday, November 12, 2026
Northwire
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Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Drill Results

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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