Q-Gold Resources Ltd. has completed a significant expansion of its mineral claim holdings at the Quartz Mountain Gold Project in Lake County, Oregon, through the staking of new contiguous claims.

The newly staked claims surround the company's existing claim block along the Klamath Falls-Lakeview Highway corridor, materially enlarging the land package beyond the boundaries of the currently defined Crone Hill and Quartz Butte deposits. The expanded ground provides room for regional-scale exploration and secures future flexibility for potential site infrastructure such as processing facilities, waste rock and heap leach areas, access roads, and water management installations.

The initial project acquisition comprised the core Quartz Mountain and Angel's Camp claim block, whereas the current announcement reports the completion of an expansion of the mineral claim position through the staking of new contiguous claims surrounding the existing block.

The Quartz Mountain property contains an estimated 0.34 million ounces of measured and indicated mineral resources and 1.15 million ounces of inferred mineral resources. The company previously completed a Preliminary Economic Assessment for the project demonstrating an after-tax net present value of US$1.71 billion and an internal rate of return of 55.2%.

“This claim expansion is a proactive strategic step in advancing the long-term potential of Quartz Mountain. By enlarging our land position around the existing resource, we are opening additional ground for exploration while also preserving important flexibility for potential future project infrastructure as engineering and permitting work progresses. This is disciplined, forward-looking work designed to support the continued advancement of Quartz Mountain and long-term value creation for our shareholders.”

— Peter Tagliamonte, Chairman & CEO

Q-Gold plans to execute a comprehensive summer and fall 2026 exploration and technical drilling program at the site to advance its broader development objectives.

Read the full announcement: Q-Gold Successfully Completes Expansion of Mineral Claim Position at Quartz Mountain Gold Project, Oregon