202620 releases
QGold Completes First Milestone Payment for Quartz Mountain Gold Project Through Share Issuance
QGold has completed the first annual milestone payment to Alamos Gold under the Share Exchange Agreement for the Quartz Mountain Gold Project in Oregon, paid by issuing 22,859,861 common shares at a deemed price of C$0.1937 per share, for an aggregate value of approximately C$4,427,955 (US$3,150,000). Alamos now holds 36,784,563 common shares, or 16.96% of the outstanding shares, and the Payment Shares carry a statutory hold expiring February 23, 2027.
NewsQGold Initiates 2026 Drilling Campaign at Mine Centre
Drilling began September 12, 2026 at the Mine Centre Gold Project in Ontario, with an initial phase targeting mineralised vein systems about 500 m northeast of the Foley Mine and the South Foley area. The first four holes at the Zinc and Twin vein targets south of the historic Foley Mine are complete and subsequent holes have started. A second phase will test targets farther northeast, including the Ferguson showing, Manhattan vein and Golden Star Mine areas, with an initial mineral resource estimate targeted for early 2027.
Drill resultsQGOLD Announces Filing of Final Short Form Base Shelf Prospectus
A final short form base shelf prospectus has been filed, with a receipt obtained, with securities commissions in each province and territory of Canada, further to Q-Gold's June 16, 2026 news release. It allows the Company to qualify the distribution of up to C$80,000,000 of common shares, preferred shares, debt securities, subscription receipts, warrants, units or any combination over the 25-month period the prospectus remains effective, including by at-the-market distributions.
FinancingQGold Appoints Rodrigo Costa as Vice President - Technical Services and Engineering
Rodrigo Costa, M.Sc., has been appointed Vice President – Technical Services and Engineering at Q-Gold Resources Ltd. Costa is a mining engineer with more than three decades of international experience in project development, engineering, construction, commissioning and operational management, and holds an Engineering degree and a Master of Science in Engineering from Queen's University. He will support advancement of the Quartz Mountain Gold Project in Oregon, USA, and the Mine Centre Gold Project in Ontario, Canada.
ManagementQGold Reports Grab Samples up to 600 g/t Gold at Mine Centre
Select grab samples from the summer 2026 exploration program at the Mine Centre Gold Project returned up to 600 g/t gold, with 73.4 g/t, 57.8 g/t and 44.0 g/t at the Ferguson Showing about 500 m southwest of the historic Golden Star Mine, 95.1 g/t and 89.8 g/t about 300 m south of the Foley Mine, and 46.6 g/t and 34.7 g/t about 1.2 km south of the Manhattan Gold Vein Mine. The three-rotation program, run June through August 2026, generated 222 grab and 126 channel samples; all channel assays and third-rotation grab assays are pending. Results will rank targets for a diamond drilling campaign planned later in 2026.
Drill resultsQ-Gold Successfully Completes Expansion of Mineral Claim Position at Quartz Mountain Gold Project, Oregon
New mineral claims have been staked at the Quartz Mountain Gold Project in Lake County, Oregon, expanding the land package contiguous with and surrounding the existing claim block along the Klamath Falls-Lakeview Highway (Oregon Highway 140) corridor. The added ground extends the exploration footprint beyond the currently defined resource at the Crone Hill and Quartz Butte deposits and may support future site infrastructure such as processing facilities, waste rock and heap leach areas, access roads and water management.
CorporateQGold Confirms Administrative Update to Interim Financial Statements; No Impact to Previously Reported Results
Q-Gold Resources has refiled its interim financial statements for the three-month period ended March 31, 2026 to add an unreserved statement of compliance with IAS 34, which was omitted from the original filing. The change was identified during an Ontario Securities Commission staff review tied to the Company's base shelf prospectus; no previously reported financial results changed and no restatement was required. The Company will appear on the OSC's Refilings and Errors list for three years from the refiling date.
CorporateQGold Announces 2026 AGM Voting Results
All five director nominees — Dr. Andreas Rompel (82.954% for), Scott R.G. Parsons (100%), Tito Gandhi (100%), Peter Tagliamonte (99.972%) and Jamsheed Mehta (100%) — were elected at Q-Gold Resources' annual general and special meeting held June 25, 2026 in Toronto, with 54.832% of issued and outstanding shares represented. Shareholders also re-appointed auditors McGovern Hurley LLP and adopted a new omnibus incentive plan. The Company granted 200,000 stock options to an officer, vesting immediately, exercisable at $0.205 for five years, subject to TSX Venture Exchange approval.
CorporateQGold to Host 2026 Annual General and Special Meeting and Present Strategic Roadmap for the Year Ahead
Q-Gold Resources Ltd. will hold its 2026 Annual General and Special Meeting of Shareholders on Thursday, June 25, 2026 at 11:00 a.m. Eastern Time, in a hybrid format at 198 Davenport, Toronto, Ontario, with virtual attendance available but no voting through the webcast. Following the formal business, the Company intends to present its strategic roadmap for the next 12 months, outlining priorities for its gold exploration and development platform.
CorporateQGold Launches Summer 2026 Exploration Campaign at Mine Centre
A summer 2026 exploration campaign has begun at Q-Gold Resources' Mine Centre project in Ontario, Canada, comprising detailed field mapping of auriferous veins, systematic channel sampling and targeted diamond drilling. Mapping will target gold-bearing vein systems north and south of the Foley Mine, most of which remain untested by drilling, while drilling will test strike and dip extensions of veins near the Foley Mine. The program started last week with a field review and planning site visit.
Drill resultsQGold Announces Filing of Preliminary Short Form Base Shelf Prospectus
A preliminary short form base shelf prospectus has been filed with securities commissions in each province and territory of Canada. Once a final base shelf prospectus becomes effective, it would allow Q-Gold Resources Ltd. to qualify the distribution of up to C$300,000,000 of common shares, preferred shares, debt securities, subscription receipts, warrants or any combination, over a 25-month period. The preliminary filing is subject to regulatory review, and no securities are certain to be offered.
FinancingQGold Advances U.S. Gold Growth Strategy with Filing of Quartz Mountain PEA Technical Report and Expanded District-Scale Focus on Angel's Camp
An NI 43-101 technical report supporting the preliminary economic assessment for the Quartz Mountain Gold Project in Lake County, Oregon was filed on May 25, 2026, showing an after-tax NPV (5%) of US$1.71 billion, 55.2% after-tax IRR, US$290 million initial capital, average annual production of 135,400 oz over a 14-year mine life, about 1.9 million oz total, and life-of-mine AISC of US$1,216/oz. U.S. Forest Service approval was received for exploration at the adjacent Angel's Camp property, with soil sampling expected to begin in June 2026. The annual and special shareholders meeting is set for June 25, 2026 in Toronto.
Study resultsQGold Announces Acceleration of Warrant Expiry Dates
Q-Gold Resources' shares closed at $0.295 on April 22, 2026, after closing at or above $0.25 for the previous 10 consecutive days, triggering the voluntary expiry acceleration right under the October 3, 2025 warrant indenture covering 38,333,333 common share purchase warrants. The Company has elected to accelerate the warrants' expiry to May 22, 2026, with any warrants unexercised by 5:00 p.m. Toronto time that day to expire and be cancelled.
CorporateQGold Receives U.S. Forest Service Approval for Angel’s Camp Exploration Program at Quartz Mountain Gold Project
U.S. Forest Service approval has been granted for the Angel's Camp exploration program at Q-Gold's Quartz Mountain gold project in Lake County, Oregon. The program is a geochemical soil sampling campaign covering approximately 2,660 acres, about half of the eastern portion of the claim block, intended to identify gold anomalies and prioritize drill targets. Field work is planned to begin in late June 2026, with Quartz Mountain drilling pending USFS approval of the Plan of Operations.
CorporateQGold Resources Announces Maiden Preliminary Economic Assessment for the Quartz Mountain Gold Project, Positioning the Company as a Premier Gold Development Asset in the United States
A maiden preliminary economic assessment for the Quartz Mountain Gold Project in Lake County, Oregon shows an after-tax NPV(5%) of US$1.707 billion and 55.2% IRR at a 24-month trailing average gold price of US$3,265/oz, rising to US$3.20 billion and 92% at US$4,800/oz spot. The open-pit plan has initial capital of US$290 million, a 14-year mine life, 1,896,000 oz total gold production averaging 135,400 oz/year, AISC of US$1,216/oz and 1.8-year payback. An updated resource totals 2.01 million oz indicated and 494,000 oz inferred gold.
Study resultsQGold Resources Provides Corporate Update, Announces Preliminary Economic Assessment (PEA) Timeline and Management Transition to Advance Quartz Mountain Gold Project
Results of the preliminary economic assessment for the Quartz Mountain Gold Project in Lake County, Oregon are expected in April 2026, with surface and diamond drilling at Quartz Mountain and Angel's Camp planned for summer and fall 2026, pending permits, and an exploration program at the Mine Centre Gold Project in Ontario. Stan Bharti has stepped down as Chairman to a strategic advisory role; Jamsheed Mehta was appointed President, Stephen Woodhead CFO, and Peter Tagliamonte Executive Chairman.
Corporate
202525 releases
QGold Closes Private Placement Flow-Through Financing
A non-brokered private placement of flow-through common shares has closed for proceeds of $1,694,503, comprising 4,841,437 shares at $0.35 per share, subject to a four-month hold period expiring April 24, 2026 and final TSX Venture Exchange approval. Proceeds will fund exploration at the Mine Centre gold project in Ontario, Canada. Finder's fees of $127,560.24 in cash and 364,456 finder warrants exercisable at $0.35 until December 23, 2027 were paid.
FinancingQ-Gold Initiates Second Drill Campaign of 2025 at its Mine Centre Gold Project
A second 2025 diamond drilling campaign has begun at the Mine Centre Gold Project in northwestern Ontario, targeting high-grade auriferous quartz veins near the historic Foley Mine shaft to extend the strike length and vertical extent of previously identified gold-bearing veins. Rodren Drilling of Winnipeg is the drilling contractor and Critical Discoveries has been appointed Project Manager. Results are expected in Q1 2026, with data intended to advance the project toward a maiden NI 43-101 mineral resource estimate.
Drill resultsQ-Gold Provides Update on Fully Subscribed Private Placement Financing
The TSX Venture Exchange has conditionally approved Q-Gold's issuance of up to 76,700,000 units at C$0.15 per unit for gross proceeds of up to C$11,500,000, and its purchase of the Quartz Mountain Project in south-central Oregon under a share exchange agreement dated March 31, 2025. Agent BMO Capital Markets exercised its over-allotment option in full, allocating the entire C$11,500,000. The offering will instead close in escrow via up to 76,666,667 subscription receipts, expected on or about October 2, 2025, with an escrow release deadline of November 14, 2025.
FinancingQ-Gold Provides Corporate Update
CorporateQ-Gold Announces Strategic Exploration Program
Drill resultsStan Bharti Appointed as Chairman
ManagementLandmark Deal with Alamos Gold
Acquisition