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Dundee reports strong gold and silver drilling results at Shovelnose, advancing mine development plans.

Market News
07 May 2026
GlobeNewsWire
Bullish
pluang ai news

Dundee Corporation announced positive results from its 2026 in-fill drilling program at Westhaven's Shovelnose gold and silver project in British Columbia, with notable high-grade gold and silver intercepts. The drilling, part of a CDN$30 million commitment, aims to update the mineral resource estimate and support a Pre-Feasibility Study (PFS) expected in late 2027. The program is expanding ahead of schedule, with plans to increase drilling capacity and conduct environmental baseline studies to advance project permitting. These developments enhance confidence in the deposit's quality and continuity, positioning the project for potential mine development.

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