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Iconic Minerals starts major drilling at New Pass gold property to expand resource potential.

Company Fundamentals
08 May 2026
Newsfile Corp
View Source
Bullish
pluang ai news

Iconic Minerals has begun a significant drilling program at its New Pass gold property in Nevada, aiming to expand the known gold and silver mineralization. The program involves over 20 core holes drilled to test extensions of the current resource and geophysical targets, with drilling expected to run 24/7 for three months. This effort is part of a joint venture with McEwen Mining and seeks to increase the resource size and provide material for metallurgical testing, potentially enhancing project value for shareholders. The New Pass deposit already hosts a substantial inferred resource and remains open for further exploration along strike and at depth.

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