StockWatch
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Gold and Silver Ores
Project UpdateMay 26, 2026, 10:21 AM

Quartz Completes Phase 4 Drilling at Maestro Gold-Silver Project

AI Summary

Quartz Mountain Resources Ltd. completed its Phase 4 core drilling program at the 100% owned Maestro epithermal gold-silver mineral property, totaling 4,366 meters in 8 drill holes. All core samples have been sent for analysis, with results to be reported as they become available. The company has a treasury of $2.9 million and has secured a BC government drill permit for 37 additional sites, planning a Phase 5 program later this year to build on the geological knowledge gained from previous phases. Drilling has intersected three distinct, integrated types of mineralization: Epithermal Au-Ag-Mo-Cu, Porphyry Au, and Porphyry Cu-Mo.

Key Highlights

  • Phase 4 core drilling completed: 4,366 meters in 8 drill holes.
  • Total drilling at Prodigy (Phases 1-4): 12,951 meters across 21 holes.
  • All Phase 4 core samples delivered for metals content analysis; results pending.
  • Company holds $2.9 million in treasury.
  • Secured BC government drill permit for 37 additional drill sites.
  • Plans to mobilize a Phase 5 drill program later this year.
  • Intersected three mineralization types: Epithermal Au-Ag-Mo-Cu, Porphyry Au, Porphyry Cu-Mo.
  • PR23-02 intersected 102m grading 2.22 g/t Au and 104 g/t Ag.