Karus Mining has completed 2,031 metres of its planned 7,500-metre core drilling program at the FG Gold Project within the South Cariboo Gold District in British Columbia.

The 2026 exploration program is designed to expand high-grade discovery potential and test the sediment-hosted vein model across two structurally controlled vein corridors, each extending approximately 650 metres along strike and remaining open to the northwest.

Drilling commenced in mid-June, with six holes completed to date and a sixth hole currently underway. All three completed holes successfully intersected the targeted structural horizon, providing early operational confidence that the program is effectively testing the geological model. Core processing and sampling are underway, with assay results expected over the coming weeks.

"This is a solid start to our 2026 program," said Andrew Kaip, Interim CEO of Karus Mining. "Intersecting the target horizon in all three holes gives us good early confidence in the geological model, and we look forward to the assay results as we continue advancing the South Cariboo District."

Karus Mining is the 100% owner of the approximately 1,000-square-kilometre South Cariboo Gold District, which encompasses both the FG Gold and Gold Creek projects.

Read the full announcement: Karus Reports Strong Start to 2026 South Cariboo District Exploration Program