Northwire Canada EditionFriday, July 31, 2026
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NMI 0.195 +0.0% TKO 9.87 +4.4% ELD 45.89 +2.2% DG 0.045 +12.5% TNGD 6.33 +3.4% DPM 52.30 +6.1% EPL 0.180 +2.9% NTH 0.160 +3.2% GGM 0.035 +0.0% ITR 3.01 +4.9% CS 13.25 +3.5% EMO 0.325 +1.6% CAN 0.050 −9.1% MOON 7.40 +3.4% FG 0.035 +0.0% SBMI 0.125 +0.0% NMI 0.195 +0.0% TKO 9.87 +4.4% ELD 45.89 +2.2% DG 0.045 +12.5% TNGD 6.33 +3.4% DPM 52.30 +6.1% EPL 0.180 +2.9% NTH 0.160 +3.2% GGM 0.035 +0.0% ITR 3.01 +4.9% CS 13.25 +3.5% EMO 0.325 +1.6% CAN 0.050 −9.1% MOON 7.40 +3.4% FG 0.035 +0.0% SBMI 0.125 +0.0%
Drill Results

Hemlo Mining Corp. Discovers New Cedar Creek Zone and Extends Mineralization at Depth within B-Zone by 400 Metres

By The Northwire Desk — AI Analysis Feb 18, 2026 · 06:30 HMMC · 6.61 Hemlo Mining Corp.
HMMC · Price

Executive Summary

  • Hemlo Mining released assay results from its 2025 B‑Zone underground drilling program, highlighting several high‑grade gold intercepts that extend mineralization depth by up to 400 m below current mining levels.
  • Key growth‑drill holes returned 14.5 g/t Au over 3.6 m (hole 90102505) and 7.0 g/t Au over 2.4 m (hole 90102504); conversion‑drill hole 90102514 delivered 16.1 g/t Au over 3.3 m, supporting a potential upgrade of Indicated resources.
  • A newly identified volcano‑sedimentary unit within the Cedar Creek meta‑sedimentary sequence was intersected, delivering up to 18.2 g/t Au over 1.0 m, representing a long‑term greenfield exploration target.

Key Details

  • Program Objectives:
  • Mineral resource conversion drilling – increase geological confidence for Indicated resources ~100 m below existing mine.
  • Growth drilling – validate continuity of B‑Zone Footwall (BFW) mineralization to depths >400 m.
  • High‑Grade Intercepts (selected):
  • Hole 90102505 (Growth) – 14.5 g/t Au over 3.6 m (514.4–518.0 m).
  • Hole 90102504 (Growth) – 7.0 g/t Au over 2.4 m (480.0–482.4 m).
  • Hole 90102514 (Conversion) – 16.1 g/t Au over 3.3 m (231.5–234.8 m).
  • Hole 90102510 (Conversion) – 4.7 g/t Au over 5.4 m (327.2–332.6 m).
  • Additional Notable Intercepts:
  • Hole 90102506 (Conversion) – 2.9 g/t Au over 0.7 m (338.7–339.4 m) in newly identified Cedar Creek unit.
  • Hole 90102510 (Cedar Creek unit) – 18.2 g/t Au over 1.0 m (445.6–446.6 m).
  • Resource Implications:
  • Intercepts ~100 m below current mining are expected to support conversion of existing mineral resources to the Indicated category.
  • Depth extensions and westward continuity suggest potential for additional resource growth and longer mine life.
  • Future Plans:
  • 2026 drilling will target near‑mine extensions of the BFW zone and further evaluate the newly discovered Cedar Creek unit.
  • A mineral resource and reserve update is planned for the second half of 2027.
  • QA/QC: Core recovery 90–100 %; certified reference materials, blanks, duplicates inserted; assays performed by ALS Laboratories (fire assay with AA finish, gravimetric re‑assay >5 g/t Au).

Notable Quotes

“The B‑Zone Footwall… remains open at depth, reinforcing the strength of our 130,000‑metre underground drilling program… positioning the Company for a planned mineral resource and reserve update in the second half of 2027.” – Jason Kosec, President & CEO

Materiality: Material – Positive (high‑grade, depth‑extending drill results that could materially increase indicated resources and extend mine life).

Read the original news release →

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