Northwire Canada EditionSunday, July 12, 2026
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Drill Results

Canadian Securities Exchange Approves Gold Runner Exploration's Option to Acquire the Golden Girl Property from the B-ALL Syndicate in British Columbia's Prolific Golden Triangle

By The Northwire Desk — AI Analysis Feb 24, 2026 · 07:46 GRUN · 1.1 Gold Runner Exploration Inc.
GRUN · Price

Executive Summary

  • Gold Runner secured a 100% interest in the Golden Girl Property via an amended option agreement with B‑ALL Syndicate Ltd., paying a $250,000 initial fee and issuing 1.83 M common shares at $1.13 each plus 1.83 M warrants at $1.14 exercise price.
  • The property hosts a large gold‑silver system (≈12 km × 7 km) with high‑grade grab samples up to 11.28 g/t Au and 3,262 g/t Ag, and channel cuts up to 3.74 g/t Au and 2,105 g/t Ag.
  • Exploration planning is underway for the 2026 season with field work slated to begin in July 2026 and a maiden drill program targeted for the following season.

Key Details

  • Option Agreement Terms:
  • Initial option fee paid: $250,000.
  • Issuance of 1,830,000 common shares at $1.13/share.
  • Additional issuance of 1,830,000 share purchase warrants exercisable within 5 years at $1.14/share.

  • Securities subject to a four‑month and one‑day hold period.

  • Property Overview:

  • Golden Girl Property size: 8,471 ha in the Iskut River region, NW British Columbia.

  • Location: ~17 km from Snip Mine, ~14 km from Bronson Airstrip.

  • Exploration Highlights (2024 program):

  • Grab samples: up to 11.28 g/t Au, 3,262 g/t Ag, 5.37 % Cu, 20 % Pb, 14.15 % Zn.

  • Channel cuts: up to 3.74 g/t Au, 2,105.45 g/t Ag, 0.88 % Cu, 5.48 % Pb, 7.42 % Zn.

  • Geological Context:

  • Large gold‑silver system (12 km × 7 km) with a gold‑rich core and silver‑rich halo.

  • Mineralization occurs in shear zones, sulphide‑rich veins, stockwork, and breccias; associated minerals include chalcopyrite, galena, sphalerite.

  • Exploration Plan:

  • Prospecting, sampling, mapping, and detailed geophysical surveys to commence July 2026.

  • Preparation for inaugural drill program in the subsequent season (2027).

  • Funding Status:

  • CEO Chris Wensley states the company is “fully funded” for the 2026 exploration program.

Notable Quotes

“We are now fully funded to undertake and complete the 2026 exploration program on Golden Girl… We are on schedule to commence this vital and much‑anticipated field work by July 2026 and define our maiden drill program for the following season.” – Chris Wensley, CEO

Qualified Person: Alan J. Morris, M.Sc., CPG #10550 (NI 43‑101).

Read the original news release →

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