Goldera Exploration (TSX‑V:GERA) is advancing surface exploration at its Egan Gold Project in Ontario, Canada, ahead of planned drilling in Q4.
Systematic surface exploration is underway to refine targets associated with multiple ‘high-grade’ gold occurrences within a syenite‑hosted gold system 35km west of Timmins, Ontario.
An airborne magnetic, electromagnetic, and very‑low‑frequency survey has identified a distinct magnetic signature associated with known gold occurrences. The survey provides a new vector for targeting additional mineralisation between zones E1, E1S, and E2.
Historical surface sampling at Egan returned ‘high‑grade’ gold values up to 105 grams per tonne gold (Au) at the E1 zone and 44.7g/t Au at the E3 zone.
The company has commenced surface trenching, channel sampling, and soil geochemical programs to test areas between the ‘high‑grade’ showings in areas of poor bedrock exposure.
Approximately 20 trenches, together with channel sampling and soil geochemistry, are planned to define geology and establish drill collar positions ahead of the late third‑quarter to fourth‑quarter 2026 drill program.
CEO Charles Tarnocai says the portfolio offers multiple discovery opportunities.
“With multiple exploration programs under way, strong technical targets and planned drilling ahead, Goldera is well positioned for an active second half of 2026,” Tarnocai mentions.
The Egan Gold Project comprises 449 claims totalling approximately 111km² located 50km from Timmins in the Abitibi greenstone belt. The property is positioned about 8km south of the Destor‑Porcupine deformation zone.
Goldera holds the property under option agreement with Harfang Exploration (TSX-V:HAR), allowing the company to earn up to 80% interest.
Write to JC Villarba at Mining.com.au
Images: Goldera Exploration
