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Drilling to Commence at Commonwealth Gold Silver Project

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Announcement summary

Drilling to Commence at Commonwealth Gold Silver Project

Key announcement:

  • Phase 2 diamond drilling at Commonwealth Gold–Silver Project to start soon, targeting new discoveries and exploration upside.

  • Reiterates joint venture agreement with Kuniko funding $3 million in exploration over 4 years to earn up to 70% of the Project.

  • Phase 2 program includes targeting new high-grade gold-silver discovery at Silica Hill and extensions at Commonwealth Main Shaft and South.

  • Scalable program with potential for upgrades to Project Mineral Resource Estimate.

  • Drilling contract with Titeline Drilling secured.

  • Expected milestones: Phase 2 drilling commencement soon, additional drilling in mid-July, Phase 2 assay results in early September, and upgraded Mineral Resource Estimate by December 2026.

  • Provides details about previous successful Phase 1 drilling program and highlights of results.

  • Shares forward-looking statements and strategic insights on the project prospects and regional exploration targets.

  • References competent person statements, gold equivalent calculations, and company and project details for investor reference.

Feel free to ask any questions for further clarification or details.

AI-Generated Summary: This content may contain inaccuracies. Neither the Company nor InvestorHub assumes responsibility for its accuracy. Please refer to the full announcement before making any investment decision.

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