공고 • Jun 30
Blossom Gold Inc. Announces Initial Drill Results from Its 2026 Exploration Drilling Program At the Rosebud Project
Blossom Gold Inc. announced initial drill results from its 2026 exploration drilling program at the Rosebud Project, located in Pershing County, Nevada. Notable intervals include: BG26-002-41.2m @ 0.385gAu/t, from 19.8m; BG26-005-18.3m @ 0.794gAu/t, from 126.5m; BG26-007-81.5m @ 0.385gAu/t, from 27.1m; BG26-008-24.4m @ 0.549gAu/t, from 146.3m; BG26-010-18.3m @ 0.509gAu/t, from 24.4m; BG26-011-13.8m @ 0.685gAu/t, from 96.8m; BG26-016 - 99.5m @ 0.392gAu/t, from 105.8m, including 42.8m @ 0.557gAu/t, from 148.6m; and BG26-021-42.7m @ 0.440gAu/t, from 143.7m, including 26.2m @ 0.915gAu/t, from 160.2m. The bulk of the drilling the Company has conducted since approval of the Rosebud Notice of Intent (NOI) has been technical drilling for metallurgical, geochemical, hydrological and geotechnical investigations (4,928m of the 9,337m drilled to date) related to permitting and future feasibility studies. Although the permitted drill pads will continue to function as multiuse, exploration drilling will now be the priority, focused on expanding and upgrading the existing inferred open-pit resource of 70.8 million tons at 0.018opt Au (0.62gAu/t) and 0.189opt Ag (6.49gAg/t) for 1.28 million ounces of gold and 13.4 million ounces of silver (see About Blossom Gold section below for more information). Drill hole assay results are reported by zone over the approximately 2km by 1.6km open pit target; the Northwest, Northeast, Southwest, South, and East Zones. In the East and South Zones, the target is up dip extension of South Ridge Fault Zone (SRFZ) mineralization above the previously mined orebodies in areas of low drill density owing to the historic focus on high grade underground mineralization. The Northeast and Northwest zones are in the Rosebud Shear Zone with low, historic drill density. Expansion drilling in these zones target the potential to add resource and push the resource pit shell to the north. The Southwest Zone is also in the Rosebud Shear Zone domain and targets areas of low drill density to potentially expand the open pit resource to the property boundary in the southwest of the Rosebud claims. Drill hole inclination is taken into account to determine the true thickness of mineralized intervals from surface. All intervals Blossom reports will be true thicknesses. Only gold values are reported. Insitu, the silver to gold ratio at Rosebud is 10:1 based on the 43-101 technical report as well as historic production, adjusted for recoveries. However, Blossom will report gold only as opposed to gold equivalent results until such time the Company has better information on forecast silver recoveries from metallurgical testing now underway. Blossom Gold continues to advance the 2026 Rosebud exploration program, which includes continued surface drilling with three drill rigs with a priority on resource expansion and infill holes going forward, though technical drilling will also be scheduled as needed in support of the Project's Plan of Operations, Environmental Impact Statement and Feasibility Study. To date, the Company has drilled approximately 9,337 meters of the planned 24,000-meter campaign. Planning is underway for underground infill drilling in Fourth Quarter following rehabilitation of Decline #2, which begins next week with the opening of Portal #2. At Kappes Cassiday in Reno, the first bottle rolls tests are underway on three crush sizes, which will inform material sizing for column leach testing. Blossom will put a column of more typical fresh rock mineralization under leach to begin establishing recovery characteristics. Results from the continuing bottle roll tests are expected to begin in late July or early August. The first and continuing column results are expected in early Fourth Quarter and will continue through mid-2027. Planning is underway to file a third Notice of Intent on Blossom's RBX claims to initiate geotechnical investigations over areas designated for the waste rock storage, crushing, heap-leach pad, processing and support facilities and hydrologic studies for permitting.