From Financialpost · · 1m
Cambria Gold Mines Finds High Gold Grades at Silver Coin Deposit
Cambria Gold Mines reports 98.56 g/t gold over 8.2 metres at Silver Coin Deposit, key to 2027 mine restart.
In brief
Cambria Gold Mines reports 98.56 g/t gold over 8.2 metres at Silver Coin Deposit, key to 2027 mine restart. Cambria Gold Mines found 98.56 g/t gold over 8.2 metres at Silver Coin Deposit, critical for restarting Premier Mill in spring 2027. Originally reported by Financialpost.
New Gold Results
Cambria Gold Mines reports 98.56 g/t gold over 8.2 metres in hole SC26-2714.
“98.56 g/t Au over 8.2 m (incl. 794.00 g/t Au over 1.0 m) in hole SC26-2714”
Key Drill Results
Cambria reports 22.62 g/t gold over 4.4 metres in hole SC26-2710 and 3.75 g/t over 20.0 metres.
“22.62 g/t Au over 4.4 m (incl. 93.80 g/t Au over 1.0 m) in hole SC26-2710”
Silver Coin Deposit
Silver Coin Deposit is a key area for underground development in spring 2027 with high gold grades.
“High gold grades over potentially underground bulk mineable widths at the Silver Coin Deposit makes this area a priority for underground development in the spring of 2027”
Premier Mill Restart
Silver Coin and Premier Deposit will feed Premier Mill during 2027 restart after Red Mountain construction.
“Material from Silver Coin, combined with high-grade from the Premier Deposit, is expected to provide the initial feed for Cambria’s 2,500 tonne per day Premier Mill during the restart of mining operations”
Drilling Strategy
Cambria plans 14,000+ metres of drilling at Silver Coin to update Mineral Resource Estimate by H1 2027.
“Results from over 14,000 metres of drilling at Silver Coin are expected over the next several weeks and will help to inform an updated Mineral Resource Estimate and Feasibility Study targeted for completion in H1 2027”
2027 Timeline
Cambria will restart Premier Mill in spring 2027 after completing Red Mountain Deposit construction.
“Cambria anticipates infill drilling to continue through 2026 and into 2027, with a planned second phase of underground drilling commencing in early 2027”
The main idea
Cambria Gold Mines found 98.56 g/t gold over 8.2 metres at Silver Coin Deposit, critical for restarting Premier Mill in spring 2027.
