Caprock Mining drilling at Destiny gold project, Quebec
Caprock Mining Corp. [CSE: CAPR] reported that following the receipt of Permis d’intervention (the intervention permit) from the Quebec government’s Ministry of Natural Resources and Forests, the company has commenced its much-anticipated drill program targeting deep-seated high-grade mineralization at its flagship Destiny gold property located near Val d’Or, Quebec.
Vishal Gupt, president and CEO, stated: “Drill holes DES-01-60 and DES-01-59 drilled at Destiny by a previous operator produced intercepts with grades as high as 26.6 g/t Au and 17.5 g/t Au, respectively. These drill holes intersected high-grade mineralization at approximately 550 metres below surface, and 200 to 250 metres below the floor of the conceptual open pit at DAC that was used for the generation of the current mineral resource estimate (MRE).
“Furthermore, these two holes are over 200 metres laterally apart from each other. While analyzing the above information and the spatial distribution of the high-grade intercepts, Caprock’s technical team has identified a sizeable zone that has the potential to host high-grade underground mineable gold mineralization. The four drill holes that comprise our current drill program have been specifically designed to establish continuity of this high-grade mineralized zone.”
Gupta continued: “This drill program is expected to be completed by mid-December, with all corresponding assays to be published by early February, 2026. A successful program will not only demonstrate the presence and continuity of high-grade mineralization beyond the near-surface, pit-constrained MRE published earlier this year, but also validate the geological model developed by our technical team that will help refine our drill targets for future campaigns.”
The open pit-constrained MRE issued on March 24, 2025, for Destiny contains the following gold inventory: Indicated resources (OP) stand at 6,752,000 tonnes of 0.91 g/t gold for 196,549 oz. Inferred resource are 28,560,000 tonnes of 0.87 g/t gold for 794,886 oz.
Caprock Mining is a Canadian mineral exploration company focused on exploring precious metals in Quebec and Ontario.
The company has an option to earn a 100% interest in the Destiny gold property that comprises 127 mineral claims and encompasses an area of 5,013 hectares located less than two hours’ drive from Val d’Or, Que. Destiny lies along a major deformation corridor in the Abitibi greenstone belt that includes the prolific Cadillac-Larder Lake, Destor-Porcupine and Casa Berardi fault zones which host numerous producing and development-stage gold deposits. The project overlies a 6.0-kilometre-long segment of the poorly explored Despinassy shear zone which is a splay off the regional Chicobi fault. Destiny hosts a significant, open pit-constrained, NI 43-101-compliant mineral resource estimate published in March, 2025.
Additionally, the company holds a 100% interest in three gold exploration properties in the historical Beardmore-Geraldton gold belt of Ontario, a belt that has produced over four million ounces of gold historically, and contains the sizeable Greenstone gold project (formerly known as the Hardrock gold project) which is being brought to production by Equinox Gold.
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