Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Q-Gold Resources ( (TSE:QGR) ) has shared an announcement.
Q-Gold Resources reported assay results from its first and second 2025 diamond drilling campaigns at the Mine Centre gold project in northwestern Ontario, highlighted by a 36.7 g/t gold intercept over 0.5 metres and several additional high-grade and broader lower-grade vein intervals. The programs, which followed up on earlier 2021–2022 work, aim to extend the strike length and vertical extent of mineralized zones, identify new vein targets, and advance the project toward a maiden NI 43-101-compliant mineral resource estimate.
The company noted that the density of gold-bearing stockwork veins could support evaluating an open-pit mining concept as an alternative to underground extraction focused on thicker veins. Q-Gold plans to focus its 2026 spring and summer exploration on mapping all vein occurrences on the property, testing them for gold content, and drilling resulting targets, a strategy that may redefine the project’s development scenario and potential economics for stakeholders.
More about Q-Gold Resources
Q-Gold Resources Ltd. is a junior gold exploration company focused on advancing its Mine Centre gold project in the Quetico region of northwestern Ontario. The property lies near New Gold’s producing Rainy River mine and Agnico Eagle’s Hammond Reef development project, and targets high-grade auriferous quartz veins around the historic Foley Gold Mine shaft.
Average Trading Volume: 120,498
Technical Sentiment Signal: Hold
Current Market Cap: C$26.94M
For an in-depth examination of QGR stock, go to TipRanks’ Overview page.