Cambria Gold Mines Inc. (TSXV: CAMB; OTCQX: CAMVF) reported high-grade assay results from its 2026 infill drilling program at the Silver Coin deposit within the Premier Gold Project in northwestern British Columbia.
Hole SC26-2714 intersected 8.2 meters grading 98.56 grams per tonne gold from 73.7 meters downhole. The interval included one meter grading 794 g/t gold.
The reported interval is a downhole core length. Cambria estimates its true width at approximately 68% of the reported length, equivalent to about 5.6 meters.
One-Meter Interval Drives Headline Grade
The one-meter interval grading 794 g/t represents the dominant contribution to the 8.2-meter composite. This concentration of grade makes additional drilling and geological modeling important for determining how representative and continuous the high-grade mineralization may be.
A second interval in SC26-2714 returned 16 meters grading 4.61 g/t gold, including five meters at 10.67 g/t. The hole also intersected 7.4 meters at 3.10 g/t and six meters at 2.54 g/t.
Cambria calculated its significant composites using a cutoff grade of 1 g/t gold and allowed up to three consecutive meters of internal waste. Included intervals use a 10 g/t cutoff.
Other Holes Return Wider Gold Zones
Cambria reported results from four holes totaling 657 meters.
Hole SC26-2710 returned 4.4 meters grading 22.62 g/t gold, including one meter at 93.80 g/t. A separate section in the same hole returned 20 meters at 3.75 g/t.
Hole SC26-2719 intersected 30 meters grading 2.32 g/t gold and another 10.6 meters at 4.55 g/t. Estimated true widths for the reported drilling range from 68% to 97% of the downhole intervals.
The results represent the first 2026 infill assays from Silver Coin. Infill drilling is intended primarily to improve geological and resource confidence and does not automatically increase the project’s Mineral Resources or Mineral Reserves.
Silver Coin Considered for Mill Restart
Silver Coin is located approximately five kilometers north of the Premier mill and is connected by an existing haul road. Part of the deposit was mined using underground longhole methods during the 1990s.
Cambria plans to evaluate material from Silver Coin and the Premier deposit as potential initial feed for its 2,500-tonne-per-day processing plant. The company is targeting mill commissioning during the fourth quarter of 2027, followed by a ramp-up through 2028.
Results from more than 14,000 meters of Silver Coin drilling remain pending. Cambria expects the drilling to contribute to an updated Mineral Resource estimate and feasibility study targeted for the first half of 2027.
The restart schedule remains subject to drilling, resource modeling, engineering, permitting, financing and construction. Cambria previously disclosed that its water treatment plant had experienced difficulty meeting zinc-discharge requirements and that corrective work was ongoing.
Company Discloses Promotion Agreement
The assay announcement also disclosed an agreement with Native Ads Inc. covering investor-awareness and digital marketing services. The agreement has a term of up to 12 months and a maximum cost of US$250,000, subject to TSX Venture Exchange approval.
Cambria said Native Ads is an arm’s-length service provider and will not receive company securities under the agreement.
Sources
- Cambria Gold Reports 98.56 g/t Over 8.2 Meters at Silver Coin
- Cambria Gold Provides Premier and Red Mountain Development Update
- Cambria Gold — Premier Gold Project
Editorial Disclosure
This article was prepared from publicly available company disclosures. Mining Markets Report received no compensation from Cambria Gold Mines Inc., Native Ads Inc. or any other party for its preparation or publication and has no disclosed business relationship with those entities.
The author and publisher do not hold securities in Cambria Gold Mines Inc. Cambria separately disclosed an agreement to spend up to US$250,000 on investor-awareness and digital marketing services. Mining Markets Report is not involved in that agreement.
The assay results, estimated true widths and geological interpretations were supplied by Cambria and have not been independently verified by Mining Markets Report. The headline composite is heavily influenced by a one-meter interval grading 794 g/t gold. Additional drilling is required to establish grade continuity.
Statements concerning resource updates, feasibility work, permitting, mill commissioning and production timing are forward-looking and subject to technical, financial, regulatory and execution risks. This article is for informational purposes only and does not constitute investment advice. Read the full Mining Markets Report disclaimer.
