Errington Metals Completes Balfour Exploration Program
Errington Metals (EM.V) on Wednesday provided an update on its 2025-2026 exploration program at the Balfour mineralized zone, part of its wholly owned Sudbury Basin Project.The winter program was designed to validate and refine the geometry of known mineralized zones and advance the company's 3D geological model in support of a planned mineral resource estimate, said the company.The Balfour area represents a new opportunity for resource growth, as it was not previously included in the historic mineral resource estimate, it stated.Among highlights the company said it completed 48 diamond drill holes for a total of 13,480 metres during the 2025/2026 program at Balfour. It integrated drilling, historic data and airborne geophysical interpretations into a refined 3D geological model to support future drill targeting and resource work, it stated and added that it confirmed continuity of mineralization along strike and at depth across the Main, West and North zones, based on geological logging and visual interpretation, with 2026 assays pending.Step out drilling confirmed extensions to mineralized shapes and the mineralized shapes remain open both down dip and along strike, it added."The Balfour program highlights the potential scale and growth of our Sudbury Basin Project," said Matthew Gollat, President and Chief Executive Officer of EM. "The Balfour area did not receive much attention previously with mineralized zones open in all directions. Our 2025 and 2026 drilling has improved confidence in the continuity of mineralization, refined our understanding of key structural controls, and materially advanced the geological framework required for resource development. We believe this work positions us well as we move toward a planned mineral resource estimate and continue to unlock value across the district."Shares in EM were up $0.08 or 2.9% to $2.85 in Canada yesterday.
