Gold exploration updates in Nevada and Canada

Bison Resources reported strong geochemical anomalies at its Bald Peaks project in Elko County, Nevada, indicating a Carlin‑type gold system. The company plans detailed surface mapping, soil sampling and drill testing later this year on two target zones extending over 1 km.

In Canada, New Found Gold said its Queensway project in Newfoundland is moving toward regulatory approval, with a permit amendment allowing a gravity‑carbon‑in‑leach circuit and a planned increase in mill throughput to 1,400 t/d, targeting commercial production in the second half of 2028. West Red Lake Gold announced high‑grade drill results from the Madsen mine in Ontario’s Red Lake district, highlighting a largely untouched 200‑by‑200 m mineralized panel. Fortune Minerals secured up to US$50 million from Canada’s First and Last Mile Fund to cover up to 75 % of construction costs for an access road to its NICO cobalt‑gold‑bismuth‑copper project in the Northwest Territories.