drill meaning

Gambier Gold Corp. Commences Sonic Drill Program and Expands Property Holdings at Detour West

Gambier Gold Corp. (TSX-V:GGAU) (the "Company") is pleased to announce it has recently commenced its inaugural exploration program, consisting of the first stage of deep glacial till sampling by sonic drilling on its Detour West property ("Detour West" or the "Project") in northern Ontario. In addition, the Company has increased its mineral tenure at Detour West from an initial 23,849.76 hectares to a current total of 39,217.71 hectares. This represents an increase of 64.4 % in the company's now nearly 400 square km land holdings directly adjacent to Kirkland Lake Gold's Detour Lake property on the Detour-Fenelon Gold trend

The sonic drills are mobilizing to the project and are expected to begin deep sampling of the overlying glacial till sediments and into bedrock surface this week. Earth Drilling Co. Ltd. of Calgary, Alberta was selected based on their experience and adequate, low-impact equipment for the terrain and deep glacial sediments at Detour West. Innis Transport, an experienced, locally-owned and operated Moose Cree First Nations company, will be employed to support the sonic drilling program. Innis Transport will provide heavy equipment and operators to produce drill site access trails, conduct road maintenance and provide logistical support to the drilling and sampling program.

ON BEHALF OF THE BOARD

Michael E. Schuss
President & CEO

For further information, please contact:

Gambier Gold Corp.
Phone: (604) 241-2254
E-mail: info@gambier.gold
Website: www.gambier.gold

Forward-Looking Statement (Safe Harbor Statement): This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning the Company's exploration plans. Although the Company believes that the expectations and assumptions on which the forward looking statements are based are reasonable, undue reliance should not be placed on the forward looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals.

Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward looking statements, whether as a result of new information, future events or results or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Gambier Gold Corp.



View source version on accesswire.com:
https://www.accesswire.com/638932/Gambier-Gold-Corp-TSX-V-GGAU-Commences-Sonic-Drill-Program-and-Expands-Property-Holdings-at-Detour-West

News Provided by ACCESSWIRE via QuoteMedia

The Conversation (0)
Gambier Gold

Gambier Gold

Focused on exploring and developing gold and cobalt assets in Canada.

Focused on exploring and developing gold and cobalt assets in Canada. Keep Reading...
Pile of gold bars with stock charts in the corner. Text reads "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: NV Gold Shines with 88 Percent Gain

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector.On Monday (August 10), Transport Canada introduced the Commodities Sectoral Support Program (CSSP),... Keep Reading...
Karim Rayani Files Early Warning Report Regarding Skull Ridge Gold Corp.

Karim Rayani Files Early Warning Report Regarding Skull Ridge Gold Corp.

Karim Rayani announces that an early warning report has been filed in connection with the acquisition by R7 Investments Ltd. (“R7”), a corporation controlled by Mr. Rayani, on July 16th, 2026, of 1,000,000 units of Skull Ridge Gold Corp. (the “Company”) pursuant to the Company’s recently... Keep Reading...
John Feneck, gold bars.

John Feneck: Gold, Silver Bottom? Price Targets and What's Next

John Feneck, portfolio manager and consultant at Feneck Consulting, breaks down the recent price moves in gold and silver, saying he thinks the bottom is in. "The only thing that could really derail that is a heavy situation on the war, where Trump doubles down and really lights up Iran," he... Keep Reading...
Joe Cavatoni, gold bars.

Joe Cavatoni: Can Gold Rise in H2? 3 Key Factors I'm Watching

Joe Cavatoni, senior market strategist, Americas, at the World Gold Council, shares key takeaways from the organization's latest quarterly Gold Demand Trends report. He highlights the yellow metal's resilience at the US$4,000 per ounce level in the face of various price headwinds. Cavatoni also... Keep Reading...
Two people in suits shake hands, agreeing to a deal.

Barrick, Newmont Settle Nevada Dispute in US$1.95 Billion Deal

Gold giants Barrick Mining (TSX:ABX,NYSE:B) and Newmont (NYSE:NEM,ASX:NEM) agreed to a US$1.95 billion truce on Monday (August 10), resolving a months-long dispute between the top gold miners that threatened to derail Barrick's planned North American spin-off.Under the settlement, Newmont... Keep Reading...

Interactive Chart

Latest Press Releases

Related News