Gold Hunter clarifies 2026 Great Northern drill program funding after costs cut meters to 2,879
Bitget2026/09/29 02:26- Gold Hunter Resources issued a correction to earlier disclosures on its 2026 Great Northern drilling program funding, scope, permits, and contractors.
- Program ended at 2,879 meters on Sept. 4 when spending hit a fixed budget, not because it was funded to complete 10,000 meters.
- Budgeted drill spend was about 3.8 million, not the 6.7 million financing previously cited as tied to full program funding.
- Thor Deposit drilling was deferred to 2027 due to access-road bridge safety issues and outstanding repair permits.
- Company clarified it used Forage Fusion alongside MCL Drilling for helicopter-supported work earlier in the season.
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