Solstice Gold Closes Acquisition of the Leckie Gold Zone and 43 New Claims, Consolidating New 57 km2 Gold Play in the Abitibi Subprovince, Ontario
Solstice Gold Closes Acquisition of the Leckie Gold Zone and 43 New Claims,
Consolidating New 57 km2 Gold Play in the Abitibi Subprovince, Ontario
VANCOUVER, British Columbia--(BUSINESS WIRE)--September 15, 2026--Solstice Gold
Corp. (TSXV: SGC) (“Solstice” or the “Company”) is pleased to announce, further to its August
24, 2026 news release, it has closed the acquisition of two patented claims totaling 24 hectares,
which host the Leckie Gold Zone (“LGZ”). The LGZ includes a 160 m-deep shaft, underground
development on five levels and more than 23,000 m of historical drilling that has confirmed
significant historic gold and silver mineralization. The agreement also includes a strategically
located group of 43 unpatented mining claims totaling 9.4 km2, adjacent to the Company’s Red
Cedar Discovery and approximately 260 m from the LGZ patents. This acquisition consolidates a
substantial portion of this largely unexplored part of the Abitibi Subprovince in Ontario, known
for its gold potential (Figure 1). It also significantly expands Solstice’s core land position, adds
the LGZ as a focus for expansion drilling and enhances the Company’s ability to explore the
Strathy Gold Project at a larger district scale. Unlike much of the Abitibi, the Temagami
Greenstone Belt is under-explored and has not been the subject of modern regional-scale
exploration techniques.
Pablo McDonald, CEO, stated, “Closing the Leckie Gold Zone acquisition cements the Strathy
Gold Project as the newest exciting exploration play in the Abitibi. We now have district-scale
control of gold potential in the Temagami Greenstone Belt, including an area of historical
drilling that hosts significant historical gold intercepts that are open for follow up. Strathy now
combines near-term brownfields exploration upside at the Leckie Gold Zone with significant
greenfields discovery potential across a district-scale land package. Our focus now turns to
commencing groundwork immediately in preparation for drilling the Leckie Gold Zone and
surrounding discoveries to demonstrate a possibly much larger gold system and potential
resource. We believe this next phase of exploration has the potential to be an important catalyst
for value creation for Solstice Gold shareholders.”
Key Highlights of the Acquisition and Consolidated Project:
Strong Historical Gold Intercepts
LGZ drilling includes 4.85 g/t Au over 17.10 m, 7.24 g/t Au over 10.45 m, 9.10 g/t Au
over 5.24 m and 4.35 g/t Au over 10.30 m1. Of 133 historical drillholes with assays,
62% returned intercepts of ≥3.0 g/t Au over at least 1.5 m, demonstrating a strong
historical hit rate and significant follow-up potential.
Open for Expansion
Historical drilling was relatively shallow: 90% of qualifying intercepts occur above 250
m vertical depth and 67% above 150 m. The LGZ remains open along strike and at depth,
within a broader mineralized system that includes Solstice’s recent discoveries. See
Figure 2.
District-Scale Abitibi Gold Project
The acquisition consolidates the LGZ within Solstice’s 57 km2 Strathy Gold Project,
creating a district-scale exploration position centred on an established gold zone targeted
for expansion drilling.
Modern Exploration Unlocking New Targets
Solstice IP surveys show a strong association between the LGZ and elevated
chargeability and identify untested anomalies along strike and at depth. Oriented-core
work has also identified multiple vein sets, providing new structural vectors for future
drilling. See Figure 2.
Solstice Resampling Confirms Gold and Silver Grades
Due-diligence resampling of historical LGZ core and surface samples returned results
consistent with historical assays.
New Claims Add High-Priority Targets
The acquisition adds 43 claims within 100 m of both the LGZ and Red Cedar Discovery,
covering undrilled extensions, the intersection of the Leckie Fault and an OGS-
interpreted regional fault, and approximately 10 km of the Link Lake Deformation Zone.
Next Steps: Preparation for Phase 1 LGZ Drilling
Surface work on the LGZ including detailed mapping and relogging and sampling of historical
core will commence immediately after Solstice gains access to the claims. This surface work will
add important data and context to our drill targeting, and will lead to a detailed drill program to
be executed starting in Q4, 2026.
Purchase Agreement
Pursuant to a definitive purchase agreement, dated August 22, 2026, among the Company, Koala
Canada Exploration Inc., Lithium of Nevada Pty Ltd. and Resilience Minerals Limited, the
Company paid $600,000, issued 2,000,000 common shares (the “Common Shares”), and
transferred 11 unpatented claims of the Company to arm’s length parties as consideration for the
patented and unpatented claims as well as supporting technical data (the “Transaction”). The
Common Shares are subject to a hold period of twelve months from closing pursuant to the terms
of the purchase agreement and are also subject to a statutory hold period of four months and one
day in accordance with applicable Canadian securities laws. No finder’s fees were paid with
respect to the Transaction. The Transaction remains subject to final approval of the TSX Venture
Exchange.
References:
1. These are historical drill results, see “Historical Sampling and Drilling Data
information”. Solstice needs to conduct confirmatory drilling to confirm historically
reported results. Sampling due diligence was completed on 7 representative samples from
historical drilling on the LGZ.
Historical Sampling and Drilling Data and Information
The sampling, drilling data and other historical scientific and technical information presented in
this news release (the “Historical Exploration Information”) is historical in nature. It was
prepared and published before Solstice acquired an interest in the property. The reader is
cautioned that the Historical Exploration Information is based on prior data and reports
previously prepared by third parties without the involvement of Solstice. Solstice has undertaken
some limited independent analysis of the Historical Exploration Information in order to attempt
to verify the results (see “Solstice Resampling Confirms Gold and Silver Grades” above). The
limited analyses to date conducted by Solstice confirmed that a sample of certain check assays of
the historical assay results are consistent with the published historic assay results. However, the
reader is cautioned not to treat the Historical Exploration Information as current. No qualified
person has completed sufficient work to verify the Historical Exploration Information;
accordingly, the information may not be reliable. Other than Solstice’s limited testing, no
independent quality assurance/quality control protocols are known for the historic samples and
drill holes and therefore the Historical Exploration Information may be unreliable. Solstice
considers the Historical Exploration Information relevant as the Company will use this
information as a guide to help plan future exploration and drilling programs. Solstice considers
the Historical Exploration Information to be reliable only for this limited purpose. The
Company's future exploration work will include efforts toward further verification of the
Historical Exploration Information through drilling and assay results.
About Solstice Gold Corp.
Solstice is an exploration company with quality, district-scale gold projects in established mining
regions of Canada. Our 57 km2 Strathy Gold Project hosts high-grade gold mineralization,
including visible gold, over a wide area straddling two NE-SW-trending structures. It is located
in the Abitibi Subprovince of Ontario and has never been systematically explored in its history.
Alpha IP surveys totaling over 34 line km completed in 2024 and 2025 defined 50 new targets
and show that the largest IP anomaly corresponds with the Red Cedar Discovery of 8.5 g/t Au
over 3.5 m. Follow-up drilling at Red Cedar intersected multiple high-grade intercepts with
visible gold, as well as a “Leckie-type” intercept approximately 600 m from the Leckie Gold
Zone, which has been the focus of more than 23,000 m of historical drilling. The acquisition of
the Leckie Gold Zone consolidates the Strathy Gold Project and unlocks, for the first time, the
potential to expand the historically significant Leckie Gold Zone and unlock the substantial
potential for future discoveries and resource expansion at Strathy.
Our Qaiqtuq Gold Project which covers 662 km2, hosts a 10 km2 high grade gold boulder field, is
fully permitted and hosts multiple drill-ready targets. Qaiqtuq is located in Nunavut, only 26 km
from Rankin Inlet and approximately 7 km from the Meliadine Gold Mine owned by Agnico
Eagle Mines Limited.
Our district-scale Atikokan Gold Project is approximately 26 km from the Hammond Reef Gold
Project owned by Agnico Eagle Mines Limited. Our 194 km2 Red Lake Extension (RLX) and
New Frontier projects are located at the northwestern extension of the prolific Red Lake Camp in
Ontario and approximately 45 km from the Red Lake Mine Complex owned by Evolution
Mining.
Solstice is committed to responsible exploration and development in the communities in which
we work. For more details on Solstice Gold, our exploration projects and details on our recently
acquired portfolio of projects please see our Corporate Presentation available at
www.solsticegold.com.
Solstice’s Chairman, David Adamson, was a co-award winner for the discovery of Battle North
Gold Corporation's Bateman Gold deposit and was instrumental in the acquisition of many of the
district properties in the Battle North portfolio during his successful 16 years of exploration in
the Red Lake.
Paul Chamois, M.Sc. P.Geo., Senior Geologist, is the Qualified Person as defined by NI 43-101
standards responsible for reviewing and approving the technical disclosures of this news release.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
On Behalf of Solstice Gold Corp.
Pablo McDonald, Chief Executive Officer
For further information on Solstice Gold Corp., please visit our website at
www.solsticegold.com.
Forward-Looking Statements and Additional Cautionary Language
This news release contains certain forward-looking statements (“FLS”) including, but not limited
to, gold potential in the Temagami Greenstone Belt, greenfields discovery potential across a
district-scale land package, the Company’s planned exploration and expansion activities,
including drill testing, execution of a drill program in Q4 2026, and expansion at the LGZ and
the Red Cedar Discovery, and the potential for resource development and unlocking value. FLS
can often be identified by forward-looking words such as “approximate or (~)”, “emerging”,
“goal”, “plan”, “intent”, “estimate”, “expects”, “potential”, “scheduled”, “may” and “will” or
similar words suggesting future outcomes or other expectations, beliefs, plans, objectives,
assumptions, intentions or statements about future events or performance. The Company
disclaims any intention or obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise, save and except as may be
required by applicable securities laws.
Since forward-looking information address future events and conditions, by their very nature
they involve inherent risks and uncertainties. Actual results could differ materially from those
currently anticipated due to a number of factors and risks. These risks include, but are not limited
to risks generally related to the integration of properties into the Company’s current property
holdings, title risks associated with the acquisition and general risks relating to the Company’s
business including that there is no guarantee that continued exploration at Solstice exploration
projects, all of which are at an early stage of exploration, will lead to the discovery of an
economic gold deposit, the ability of the Company to continue exploration at its projects and the
risk of future lack of access to the projects as a result thereof, delays in obtaining or failures to
obtain required governmental, environmental or other project approvals, inability to locate
source rocks, inflation, changes in exchange rates, fluctuations in commodity prices, delays in
the development of projects, regulatory approvals and other factors. FLS are subject to risks,
uncertainties and other factors that could cause actual results to differ materially from expected
results.
All forward-looking statements are based on the Company’s current beliefs as well as various
assumptions made by Company management and information currently available to them
including that testing and expansion at the Red Cedar Discovery may not occur when anticipated
or at all. There can be no assurance that such assumptions will prove to be accurate and actual
results and future events could differ materially from those anticipated in such. Forward looking
statements reflect the beliefs, opinions and projections on the date the statements are made and
are based upon a number of assumptions and estimates that, while considered reasonable, are
inherently subject to significant business, economic, competitive, political and social
uncertainties and contingencies.
Contacts
Phone: (604) 283-7234