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Diamond drilling to commence immediately on a consolidated Caneleira Target located two kilometres from the Fazenda-Butia Development Project, prioritizing shallow, higher-grade mineralization.The Company has approved a focused diamond drilling program on the Caneleira Target, commencing immediately, designed to expand the mineralized footprint, and delineate shallow, potentially open pit mineable mineral resources.Following the specialist technical workshop (see news release dated May 12, 2026)
Hole 26CN044 returns 24.30 g/t gold over a drilled width of 9 metres; hole 26CN051 returns 9.31 g/t gold over a drilled width of 4 metres from 10 metres, including 17.29 g/t gold over 2 metres; Caneleira East drilling confirms mineralization up-dip with 2.51 g/t gold over a drilled width of 22 metres*Shallow drilling has provided further evidence near-surface continuity of the high-grade, northwest-southeast trending vein system at Caneleira - the primary objective of the infill program (see...
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