Gemdale Gold Completes Phase 2 Drilling at Pontio Gold Project in Finland
Bitget2026/10/21 11:15- Gemdale Gold completed its Phase 2 2026 drilling program at the Pontio gold project in Finland.
- The program comprised 2,860 meters across 14 holes, primarily targeting infill drilling in the S1 sector.
- Drilling supports a maiden mineral resource estimate targeted for early 2027.
- Phase 2 assay results are expected over the coming weeks and months.
- Preliminary metallurgical results assessing processing routes and gold recoveries are anticipated in the coming weeks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Silver Price Forecast: XAG/USD trades flat around $53 ahead of US inflation data
Swiss Franc holds ground as US Dollar consolidates ahead of CPI inflation data

Net profit surges fivefold but masks decline in core business; crypto mining companies' shift to AI poses hidden risks
Marathon Holdings' Q3 net profit reached $632 million, up 413% year-on-year. However, its mining revenue declined by 35%. The company relied on selling 13,500 BTC to pay off debts and is now betting on AI infrastructure, increasing the risk of an imbalanced profit structure.
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement