Iconic Minerals Ltd. has received the second batch of assay results from the 2026 exploration program at the New Pass gold property in Churchill County, Nevada, with five of six drill holes returning continuous near-surface gold and silver intervals.

Drill hole NP2613 intersected 180 feet, equivalent to 55 metres, grading 0.44 g/t gold and 3.21 g/t silver from surface. That intercept included a 50-foot section grading 0.95 g/t gold and 3.32 g/t silver starting at a depth of 110 feet.

Five of the six holes returned continuous mineralized intervals ranging from 30 to 180 feet in length at or near surface. Hole NP2618 returned 140 feet grading 0.30 g/t gold and 6.49 g/t silver, including silver grades reaching 42.7 g/t. In addition, multi-element assay analysis of drill hole NP2601 revealed an antimony intercept from 79 to 85 metres exceeding the analytical upper detection limit of 1% Sb, averaging 1.80 g/t gold and 11.9 g/t silver over the same interval.

The property is being explored under a joint venture agreement with McEwen Mining Inc., with Iconic Minerals serving as the operator of the exploration program.

Fifteen core holes have been drilled and the 2026 drill program is now complete. Iconic Minerals has submitted the final batch of samples to ALS for analysis. The company plans to undertake initial metallurgical testing to confirm the leachability of the mineralized intervals and will examine multi-element results for potentially recoverable critical elements.

Reflecting on the progress, President and CEO Richard Kern stated, “The new gold and silver assay results follow the trend from the previous batch of assays. The drill program continues to show us the near-surface gold and silver mineralization potential initially targeted is a reality.”

Read the full announcement: Iconic Minerals Reports Further Positive Near Surface Gold and Silver Results in Second Batch of Assays from 2026 Drilling Program at New Pass Gold Property, Nevada