-- Big Ridge Gold (BRAU.V) has mobilized its team for the 2026 work program at the Hope Brook Gold Project (HBGP), located on the southwest coast of Newfoundland & Labrador, the company said on Tuesday.
The 2026 work program involves commencement of a geotechnical and hydrogeological drill program; infill and expansion drilling at the 240 Zone and Main Zone; finalizing metallurgical test work and produce concentrate samples for potential offtake partners; and completion of Hope Brook Gold Project Preliminary Economic Assessment (PEA), said the company.
"2026 will be a significant year for Big Ridge as we continue advancing the HBGP," said Michael Bandrowski, President and Chief Executive Officer. "With the camp now open we look forward to getting back to work, advancing the HBGP toward production and expanding gold and copper mineralization. We anticipate mobilizing the first drill rig in early June to focus on geotechnical and hydrogeological drilling before moving to infill and exploration drilling. The geotechnical and hydrogeological drilling is the priority for the company as the PEA nears completion and we move toward more detailed engineering."
Shares were last seen down $0.035 or near 7% at $0.475 on the TSX Venture Exchange.
Price: $0.47, Change: $-0.04, Percent Change: -7.84%