Roxmore Resources Inc. has advanced development activities at the flagship Converse Gold Project in Nevada, initiating key technical workstreams and appointing experienced study management to deliver a prefeasibility study and maiden mineral reserve estimate in the fourth quarter of 2027.

The company appointed Micaela Muro as Study Manager to lead development following an April 2026 preliminary economic assessment. These technical programs are funded by a C$32.64 million private placement completed in March 2026.

To address historical data gaps, Roxmore has dispatched over 10,000 historic sample pulps to Activation Laboratories Ltd. for silver re-assay. A June 2026 mineral resource estimate excluded silver due to inconsistent historical techniques. The current re-assay data aims to establish a compliant dataset supporting silver inclusion in an updated resource estimate scheduled for the first quarter of 2027.

A metallurgical testwork program is also commencing, comprising 36 additional column tests across principal redox domains and gold grades. The testwork builds upon a database of over 1,000 bottle rolls and 75 column tests, evaluating high-pressure grinding rolls and assessing a sulfidization, acidification, recycling, and thickening circuit for high-copper material.

Concurrently, geotechnical drilling, water wells, and environmental baseline studies are scheduled to start in the fourth quarter of 2026. These programs inform pit design, mine dewatering, water supply, waste-rock management, and federal permit applications. A 30,000-metre infill and extension drilling campaign continues with three rigs active on site to upgrade resource confidence.

John Dorward, Executive Chairman of Roxmore Resources, commented:

“We are very encouraged with the significant progress at the Converse Gold Project since the release of the positive preliminary economic assessment earlier this year, which demonstrates the potential for a large-scale, long-life operation in the Tier 1 mining jurisdiction of Nevada. I am particularly excited about the possibility of quantifying silver mineralization in the next mineral resource estimate in light of ongoing re-assay work, which has the potential to improve the gold equivalent grade at Converse and introduce financing options as the Project moves towards development.”

The ongoing technical programs and drilling campaigns are designed to de-risk the asset and establish a robust engineering foundation ahead of the fourth-quarter 2027 study delivery.

Read the full announcement: Roxmore Resources Provides Update on Development Activities at the Converse Gold Project in Nevada