Blossom Gold (BGAU.TO) received approval from the U.S. Bureau of Land Management (BLM) for its previously announced Notice of Intent (NOI) for exploration activities on its Kamma Claims west of the Rosebud Project in Pershing County, Nevada, it said on Wednesday.
The company is in the process of securing a reverse circulation (RC) rig and continues to expect drilling to start no later than the third quarter of 2026. It will also continue to map and refine the structural understanding of the area.
"With the NOI now approved, Blossom can proceed with the planned reverse circulation ("RC") drilling, beginning with eight drill site locations," the company said in a statement.
Shares of the company closed down 0.8% to $2.39 on Tuesday on the Toronto Stock Exchange.