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Valor Gold launches 2026 exploration and prep for 2027 drilling at Courageous Lake gold project.

Market News
16 Jun 2026
Newsfile Corp
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Bullish
pluang ai news

Valor Gold Corp. announced plans to mobilize field crews in late June 2026 to refine exploration targets and start environmental studies at its 100% owned Courageous Lake Project. The project holds a significant gold resource with 11 million ounces measured and indicated, plus 3.3 million ounces inferred. A 2024 feasibility study outlined a 12-year open pit mine producing 2.8 million ounces, with potential expansion to 3.7 million ounces over 16 years. The 2026 program aims to explore near-surface deposits along the Tundra-Salmita trend and the Walsh Lake deposit, which could improve project economics. Environmental baseline studies will support future permitting. A Q1 2027 drill program is planned to further define resources and advance development.

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