$DC-A.TO

Dundee Provides Infill Drilling Results from Shovelnose Project in British Columbia

Dundee (DC-A.TO) reported Tuesday infill drilling results from Westhaven Gold's (WHN.V) 2026 exploration program at the Shovelnose gold-silver project in British Columbia.Results from an additional 10 drill holes from the South Zone deposit include 33.0 meters grading 14.0 grams per tonne (g/t) gold and 78 g/t silver, including 8.12 m grading 47.56 g/t gold and 229 g/t silver and 24.63 m grading 9.51 g/t gold and 44 g/t silver.Westhaven has completed 11,514 m of drilling within the South Zone deposit, representing nearly 33% of the planned mineral resource drilling program.Initial drilling is focused on completing 35,000 m of mineral resource infill drilling at the deposit for an updated mineral resource estimate that will support a preliminary feasibility study, which is targeted for completion in the second half of 2027.Dundee may earn up to a 60% interest in Westhaven's four Spences Bridge Gold Belt properties by spending up to C$85 million on project expenditures. Under the first phase, Dundee has committed at least $30 million, inclusive of a fully funded 50,000-m drill program at Shovelnose."The initial work is enabling us to better define the margins of the mineralized system and provides an important foundation for the next stages of technical work as we advance the project through the joint venture.," President and Chief Executive Officer Jonathan Goodman said.

Dundee Corporation Announcing Results of Infill Drilling at Westhaven's Shovelnose Gold and Silver Project, Southern British Columbia

Westhaven Gold Says Dundee-Funded Airborne Surveys Have Begun at Shovelnose Property

Westhaven Gold (WHN.V) on Wednesday said that airborne geophysical surveys have begun at its Shovelnose Gold and Silver property in southern British Columbia.These surveys are being funded under a strategic earn-in agreement with Dundee (DC-A.TO) who may earn up to a 60% interest in Westhaven's four Spences Bridge Gold Belt properties by funding up to $85 million in staged project expenditures. Dundee has committed at least $30 million for the first phase, which includes of the geophysical surveys announced today and a 50,000m drill program and pre-feasibility work presently underway, a statement said.The airborne geophysical surveys will collect 3,800-line km of data over mineral claims that were acquired by Westhaven in 2024. New survey data will be integrated with earlier survey information, as well as results from property wide geochemical sampling programs completed over the last three years.Data collection is expected to be completed by the end of May, with final data processing and reporting to follow by mid-summer, in time to help guide exploration drilling later this year, Westhaven said.Westhaven shares edged down $0.01, to $0.31 on Tuesday, on the TSX Venture Exchange, while Dundee shares closed down $0.11, to $4.24 on the Toronto Stock Exchange.

Dundee Corp Commencing Airborne Geophysical Surveys at Westhaven's Shovelnose Gold and Silver Project, Southern B.C.

Dundee Provides Latest Drill Results from Shovelnose Project in British Columbia

Dundee (DC-A.TO) reported Thursday the latest in-fill drilling results from Westhaven Gold's (WHN.V) Shovelnose gold-silver project in British Columbia.Dundee has an option to earn up to a 60% interest in Westhaven's four Spences Bridge Gold Belt properties including Shovelnose by funding up to C$85 million in staged project expenditures. Under the first phase, Dundee has committed a minimum of C$30 millon, inclusive of a fully funded 50,000m drill program at Shovelnose, which is funding the activities outlined and is expected to continue through the remainder of 2026.Among drilling highlights, assays from 14 drill holes include 54.0 meters grading 8.99 grams per tonne (g/t) gold and 55 g/t silver, as well as 42.0 m grading 4.35 g/t gold and 41 g/t silver.About 8,537 meters of drilling have been completed within the South Zone deposit, representing 23% of the planned mineral resource drilling program, Dundee said.Initial drilling is focused on completing 35,000 m of mineral resource in-fill drilling at the South Zone deposit to support an updated resource estimate for a pre-feasibility study expected in the second half of 2027.The 2026 drilling program is also expected to include 15,000 m of exploration drilling and additional dedicated drilling for hydrogeological, geotechnical and metallurgical studies."We are pleased with the early progress of the South Zone resource in-fill drilling program, which is advancing in line with our expectations and continuing to support our confidence in the continuity and quality of the deposit. The initial work is enabling us to better define the margins of the mineralized system and provides an important foundation for the next stages of technical work as we advance the project through the joint venture," Dundee President and Chief Executive Officer Jonathan Goodman said.Shares in Dundee gained 5.6% yesterday.