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Centerra begins $1.7M drilling at Headwater's Crane Creek gold project in Idaho under earn-in deal.

Company Fundamentals
29 Jun 2026
Globe News Wire
View Source
Bullish
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Centerra Gold has started a $1.7 million drilling program at Headwater Gold's Crane Creek Project in Idaho, marking the first drilling there since the 1990s. This program, funded under an earn-in agreement, aims to test historical gold mineralization and explore new targets, including deeper epithermal veins. The drilling includes about 3,000 meters of reverse circulation and core holes to expand on previous shallow findings and assess the project's broader potential. Centerra may earn up to 70% ownership by meeting staged exploration and technical milestones, with the current program contributing toward a $2.5 million minimum commitment in 2026.

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