Canadian GoldCamps Expands Mercator Footprint to 574 Claims in Independent Technical Report

By Mining Hub News Desk
21 August 2026, 3:03 p.m. EDT 1 min read
Engineer reviewing plans
Source: iStock

Canadian GoldCamps Corp. has completed an independent National Instrument 43-101 technical report for the Mercator gold and critical minerals project in northeastern Québec, expanding the property footprint nearly fivefold from its previously disclosed scale.

The technical report covers 574 mineral claims spanning approximately 292.08 square kilometres in the Caniapiscau district. This marks a substantial increase from the 113 mineral claims covering roughly 58.6 square kilometres reported previously under the project's option agreement with Stelmine Canada Ltée.

Independent qualified persons concluded that Mercator is a property of merit warranting continued exploration. Historical work on the ground includes airborne and ground geophysics, geological mapping, surface sampling, till geochemistry, and 1,937 metres of diamond drilling. Gold mineralization across the property is hosted within sulphide-bearing banded iron formations, with multiple prospective zones remaining open for expansion.

The technical report outlines a recommended phased advancement strategy that culminates in a 5,000-metre drill program designed to test the continuity and scale of the mineralised system.

“The completion of this independent Technical Report is a defining milestone for Canadian GoldCamps. Beyond satisfying an important regulatory requirement, it establishes the technical foundation for the next stage of the Company's evolution. We can now accelerate the execution of our corporate development plan, pursue strategic financing opportunities, evaluate additional high-quality mineral project acquisitions and continue advancing Mercator with the confidence that comes from an independent technical assessment of the project”

— George Yordanov, Chief Executive Officer

Canadian GoldCamps has identified the Mercator asset as its flagship project and primary exploration focus for 2026. The completed technical report is currently being prepared for filing under the company's profile on SEDAR+.

Read the full announcement: Canadian GoldCamps Completes Independent NI 43-101 Technical Report for the Mercator Gold Project