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WestKam Gold Reports Encouraging Soil Results, Ends Planned Financing

Story Highlights
  • WestKam Gold reported anomalous gold and pathfinder elements from soil sampling at its Will Project in British Columbia.
  • The company’s exploration results support its orogenic gold model at Mt. Williams, while it has cancelled a previously announced private placement financing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
WestKam Gold Reports Encouraging Soil Results, Ends Planned Financing

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WestKam Gold ( (TSE:WKG) ) has issued an announcement.

WestKam Gold Corp. reported encouraging prospecting and soil sampling results from its 100%-owned Will Project on Mt. Williams near Goldbridge, British Columbia, where a 2025 helicopter-assisted program tested a listwanite-altered zone interpreted to be prospective for gold and antimony along the Minto-Olympic shear trend. Of 19 soil samples collected, 13 returned anomalous gold values above 10 ppb, seven exceeded 40 ppb, and one reached 430 ppb, with supporting anomalous nickel and chromium indicating ultramafic rocks and a strong gold-arsenic-antimony correlation consistent with the area’s orogenic gold model, while the company also disclosed it has terminated a previously announced private placement financing.

More about WestKam Gold

WestKam Gold Corp. is a Vancouver-based mineral exploration company focused on acquiring and developing gold and other mineral properties with strong resource potential in Western Canada. The company targets projects in established mining districts with highly prospective geology that could host significant mineral resources.

Average Trading Volume: 28,708

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$1.64M

See more data about WKG stock on TipRanks’ Stock Analysis page.

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