Breakeven Date Change • Apr 26
No longer forecast to breakeven The 2 analysts covering Cambria Gold Mines no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CA$134.2m in 2026. New consensus forecast suggests the company will make a loss of CA$52.0m in 2027. Announcement • Apr 22
Cambria Gold Mines Inc. Reports Infill Drilling Results at Premier Gold Project Cambria Gold Mines Inc. announced the first results from ongoing infill drilling at the Premier Gold Project, located in northwestern British Columbia. Highlights include: 73.86 g/t Au over 5.0 m (including 552.0 g/t Au over 0.5 m) within 17.95 g/t Au over 22.0 m in P26-2686; 19.63 g/t Au over 1.6 m within 3.98 g/t Au over 15.4 m in P26-2690; 8.23 g/t Au over 2.0 m within 3.35 g/t Au over 6.0 m in P26-2689. Results from the first five diamond drillholes completed, totalling 1,815m are reported from the 602 Zone of the Premier-Northern Lights deposit. Drilling is focused on infill of Indicated and Inferred Resources at the Premier deposits to provide the necessary drill spacing for development planning. Gold mineralization is hosted within zones of quartz breccia, with sulfide infill and veining both within and outside the breccia zones. Sulfide mineralization includes pyrite, sphalerite, and galena with lesser amounts of chalcopyrite. Visible gold was identified in 2 of the 5 holes reported, including an intercept of 552.0 g/t Au over 0.5m in P26-2686. This intercept occurs within a wider interval of 17.95 g/t Au over 22.0m represented by a well-defined zone of quartz-sulfide-cemented breccias and veins. Gold veining is interpreted as a later stage event occurring within the wider mineralized zone. The 602 zone plunges gently to the northwest, and the lower part of the zone is truncated at depth by an interpreted off-setting fault, highlighting a potential future exploration opportunity. The zone remains open down plunge. Underground drilling has commenced, with two diamond drills currently turning at the Prew Zone. Surface drilling will recommence in mid-May targeting additional zones of the PNL deposit before moving to the Big Missouri and Silver Coin deposits. The Company intends to complete a total of 27,000m of infill development drilling this year across the Premier Project deposits. Drill Results - Significant Intersections: holeid from (m) to (m) Interval(m) Au (ppm) Ag (ppm) Zn (ppm) Pb (ppm) ETW1 Including (>10g/t) P26-2686 302.0 309.5 7.5 1.77 8.76 702 3418 99% P26-2686 317.0 339.0 22.0 17.95 18.7 1208 8317 899% incl. 73.86 g/t Au over 5.0 m P26-2687 302.8 309.4 6.6 3.61 10.4 1466 3774 98% P26-2687 315.0 319.7 4.7 1.58 1.85 442 509 98% P26-2688 317.0 328.1 11.1 2.19 5.53 444 799 96% P26-2689 89.2 92.3 3.1 3.94 83.3 403 1226 899% P26-2689 298.0 304.0 6.0 3.35 2.88 405 429 99% incl. 8.23 g/t Au over 2.0 m P26-2689 317.0 325.0 8.0 2.07 19.8 783 0457 999% P26-2689 333.0 344.5 11.5 1.37 4.85 248 875 99% P26-2690 92.5 97.2 4.7 3.93 117.3 324 401 399% incl. 9.97 g/t Au over 1.5m P26-2690 287.0 297.0 10.0 1.52 6.05 575 185 799% P26-2690 311.0 314.0 3.0 3.39 3.46 152 589 99% P26-2690 324.0 339.4 15.4 3.98 15.8 175 547 563 99% incl. 19.63g/t Au over 1.6m P26-2690 347.0 350.0 3.0 3.47 6.03 217 145 099% Drill Collar Locations and Hole Orientations: Hole ID UTM East (m) UTM North (m) Elevation (masl) Total Depth (m) Azimuth Dip P26-2686 436602 6212780 442359 169.5 -55.36 P26-2687 436598 6212777 442365 174.9 -59.55 P26-2688 436597 6212779 442377 197.06 -60.53 P26-2689 436601 6212781 442361 165.19 -52.89 P26-2690 436603 6212781 440353 156.75 -47.29 The Company maintains a rigorous sampling and QA/QC procedure for the 2026 drill program. Core samples are prepared at the ALS preparation lab in Terrace, BC. The samples are dried and then crushed to specifications of 70% passing 2mm. Crushed samples are riffle split to 1000g and pulverized to 85% passing 75µm. Analytical work for all results is completed by ALS Canada Ltd. which maintains an internal quality assurance and quality control (QAQC) program and is ISO:17025 certified for the analytical methods used in this release. Pulp splits are sent directly from the Terrace preparation facility to the ALS Canada Ltd. geochemistry laboratory facility in North Vancouver for analysis. Each sample is analyzed for gold by conventional 50g fire assay with atomic absorption finish (Au-AA26) and most samples for multielement analysis by four-acid digest with an ICP finish (ME-ICP61). Samples over 10ppm gold are re-analyzed by an overlimit 50g fire assay with a gravimetric finish (Au-GRA22). Samples over 100ppm silver are re-analyzed with an ore grade method (ME-OG62) which is a four-acid digest method followed by an ICP-AES finish (up to 1,500ppm). Samples over 1,500ppm silver trigger the overlimit silver fire assay method (Ag-GRA21) which uses a 30g aliquot and gravimetric finish. Sampling and storage activities are conducted at the Company's secure facility in Stewart, British Columbia. The Company maintains a QAQC program that includes the submission and review of coarse blank materials to monitor contamination, certified reference materials to assess analytical accuracy, and core duplicate samples to infer sampling precision. Announcement • Apr 16
Cambria Gold Mines Inc. announced that it has received CAD 0.075 million in funding Cambria Gold Mines Inc announced a private placement to issue 125,000 shares at CAD 0.60 per share for gross proceeds of CAD 75,000 on April 16, 2026. The transaction included participation from new investor Digital Commodities