Roxmore Resources Inc. has intersected 58.2 metres grading 1.85 g/t gold and 4.43 g/t silver from 484 metres at its Converse Gold Project along the Battle Mountain-Eureka Trend in Nevada, USA.

The dedicated exploration hole, CV26-013C, was drilled along the western margin of the current mineral resource and the northern edge of a three-kilometre-long magnetic low corridor. The intercept included a higher-grade interval of 19.8 metres grading 4.83 g/t gold and 9.94 g/t silver, testing an area stepping out 90 metres from the known Redline mineralised system.

The hole intersected Breccia Pipe 02 immediately below alluvial cover before passing into skarn-altered Havallah Sequence sedimentary rocks containing visible chalcopyrite, pyrite and pyrrhotite associated with retrograde alteration. Roxmore recently completed a 3D inversion of historical aeromagnetic data, which indicates that the Redline mineralised system is spatially associated with magnetic susceptibility lows.

The Converse Gold Project serves as Roxmore’s flagship asset. The company released a preliminary economic assessment for the property in April 2026 outlining an after-tax NPV5% of US$2.7 billion and an IRR of 43%.

“We are excited by the results of the first dedicated exploration hole drilled as part of the ongoing infill and extension drill campaign at the Converse Project. The result, combined with recent and historical drill results, opens up further potential along the western flank as it expands the horizon for resource expansion into an area that has seen relatively little drilling.”

— John Dorward, Executive Chairman

To incorporate silver data across the deposit, Roxmore has scheduled an updated Mineral Resource Estimate for the first quarter of 2027, backed by an ongoing historical pulp re-assay program. Technical workstreams are also underway to deliver a prefeasibility study and maiden mineral reserve estimate in the fourth quarter of 2027.

Read the full announcement: Roxmore Resources Reports Strong Exploration Drill Results and Expanded Resource Potential from the Converse Gold Project in Nevada