AuMEGA Metals Ltd. is pleased to announce that it has mobilised a second diamond drill rig to expand the diamond drilling program on the Major Electromagnetic anomaly at the Cape Ray Gold Project in Newfoundland and Labrador, Canada . The current diamond drill program is progressing well and is currently focused on a large, newly defined airborne electromagnetic conductor located in the immediate hangingwall of the [...]
AuMEGA Metals Ltd. is pleased to announce the commencement of a highly anticipated diamond drilling program at its Cape Ray Project in Newfoundland and Labrador, Canada - a major step in unlocking the next phase of discovery across its district-scale land package . AuMEGA's systematic exploration strategy continues to generate compelling targets across the Cape Ray Shear Zone . This program will focus on a large, newly [...]
AuMega Metals advises that it has established a Technical Committee of the Board of Directors to enhance strategic oversight of the Company's exploration programs across its district-scale land position. The Technical Committee will comprise at least three Directors with deep geological and mining expertise and will work closely with management and the Company's technical team. The Committee will also serve as a liaison [...]
High-grade gold-in-till anomalies: Multiple >99th percentile gold values define three large, coherent anomalies extending up to approximately three km in strike with peak value of 402 ppb gold-in-till. Untested intrusive contact: Anomalies are spatially associated with a network of cross-cutting structures within the Isle aux Morts Granite - a large, underexplored felsic intrusive that has never been drill tested [...]
Major, Untested Anomaly Identified: New anomaly located 500 m southeast of the Central Zone deposits; never drill tested despite a historical sample of 111.5 g/t gold collected nearby1. Central Zone "lights-up": Largest gold deposit at the Cape Ray Project exhibits extremely strong conductivity values that match gold-bearing host rocks. Pipeline of Opportunities Expands: Other conductive anomalies point to possible new [...]
Central Zone Mineralisation Extended: Diamond drilling at the Cape Ray Project intersected 1.85 g/t over 13.5 metres including 4.79 g/t over 0.85 metres from 340.5 metres, extending mineralisation down plunge of Z04 at Central Zone, with the deposit remaining open in multiple directions. Completed Comprehensive Mapping and Till Geochemical Sampling at Cape Ray West: Completed the Company's largest surface program in the [...]
Phase One Drilling Completed at Cape Ray: Completed a 2,559.7 m diamond drill program, testing new key target areas, including resource extensions and newly identified anomalies, with initial assay results anticipated in early to mid-August 2025. Comprehensive Data Review: Conducted an extensive analysis of historical and recent exploration data, identifying promising anomalies and data gaps to refine drill targeting and [...]
AuMega Metals Ltd. is pleased to announce the appointment of Mr James Withall as a Non-Executive Director, effective 1 August 2025. Mr. Withall was formerly Chief Executive Officer of Rupert Resources Ltd. . Mr. Withall will serve as the Company's fourth Non-Executive Director. AuMEGA Metal's Chair of the Board of Directors, Justin Osborne commented: "We are delighted to welcome James to the Board of AuMEGA Metals. He [...]
Key Highlights Diamond Drilling Recommences: Planned up to 10,000 metres of diamond drilling along with mapping, and sampling across high-priority targets at Cape Ray and Bunker Hill. Encouraging Early Drill Results at Bunker Hill West: Diamond drill hole CRD396 intersected 1.84 g/t gold over 1.0 metres including 5.58 g/t gold, 96 g/t silver, and 3.64% lead over 0.3 metres-supporting the presence of a larger mineralised [...]
Key Highlights Bunker Hill winter drilling program concluded: Drilled combined total of 5,067 metres of diamond and reverse circulation drilling completed. RC drill program completed 147 holes: Shallow drill holes drilled at Bunker Hill to collect base-of-till and bottom-of-hole samples to detect gold in basement. BOT results are pending. Bedrock gold discovered on a major structure: RC drill hole CRC0284 reported an [...]
AuMega Metals Ltd. is pleased to announce the appointment of Mike Skead as President, effective 1 May 2025. As President, Mr. Skead will serve as a senior executive reporting directly to the Managing Director and CEO. He will drive the Company's exploration strategy, lead the exploration team and be fully accountable for delivery all exploration activities designed to unlock further shareholder value. AuMEGA Metal's [...]
Key Highlights Bunker Hill Winter Drilling Nearing Completion: ~3,600 metres drill to-date; program wraps up 22 April 2025. Bunker Hill Summer to Resume in July: Diamond drilling to restart with the goal of completing up to 10,000 metres. Bunker Hill Winter Assays Pending: Results from winter RC and diamond drilling expected shortly, with consistent news flow to follow. Strategic Bunker Hill Project Expansion: New claims [...]
