Solstice Gold Commences 2026 Drill Program at the Strathy Gold Project in the Temagami Greenstone Belt, Abitibi Subprovince, NE Ontario
Solstice Gold Commences 2026 Drill Program at the Strathy Gold Project in
the Temagami Greenstone Belt, Abitibi Subprovince, NE Ontario
VANCOUVER, British Columbia--(BUSINESS WIRE)--February 19, 2026--Solstice Gold
Corp. (TSXV: SGC) (“Solstice”, “we”, “our” or the “Company”) is pleased to announce the
commencement of our winter 2026 diamond drill program at the Strathy Gold Project (the
“Project”), located in the Temagami Greenstone Belt in the prolific Abitibi Subprovince in
Ontario.
Highlights:
• Drill crews have been mobilized and drilling has begun on the first hole in the
winter 2026 drill program
• The winter 2026 drill program will include ~2,750m of drilling across 12-15 drill
holes
• Priority drilling will focus on follow-up on the Red Cedar discovery of 8.5g/t Au
over 3.5m including 28.7g/t Au over 1.0m
• Targeting has been developed based on our high-grade gold discovery at Red Cedar,
gold mineralization from historic drilling at the Leckie Gold Zone (including
intercepts of 5.00 g/t Au over 17.28m and 7.66 g/t Au over 7.25m (core lengths))1,
and detailed results from the Company’s 2024 and 2025 IP surveys, which combine
to 34.7 line kilometres.
• Efficient mobilization with Red Cedar target zone being ~600m from the Trans
Canada Highway.
Pablo McDonald, CEO, stated, “We are excited to have begun our winter 2026 drill program,
which builds upon our high-grade Red Cedar discovery from our inaugural 2025 drill program
at Strathy. The presence of this high-grade gold intercept within a large (600 m by 1,000m),
strong IP anomaly highlights the potential for a mineralized system at Red Cedar. Testing this
extensive anomaly in what remains a largely unexplored area presents a unique, high-quality
opportunity in the Abitibi. With drilling underway and assay results coming shortly after the
program, this marks an exciting time for Solstice shareholders ahead of what we anticipate
being a strong and potentially transformative 2026.”
2026 Drill Program Targeting:
The Winter 2026 drill program’s primary objective is expanding the Red Cedar discovery, which
sits within an IP anomaly of least 600 by 1,000 metres. The anomaly remains open to the east,
likely extending onto newly acquired claims and underscoring significant expansion potential.
The 2025 IP survey outlines two intersecting chargeability trends that converge at the Red Cedar
discovery and may be related to a regional fault structure2 (see Figure 1). Correlation between
the high-grade gold intercept and the robust IP response points to the possibility of a larger
mineralized system. Drill targeting will focus on the intersecting chargeability trends at Red
Cedar, which is a high-quality drill target with clear upside both along strike and at depth.
The Winter 2026 drill program will test the extent of this anomaly with the goal of intersecting
high-grade gold and expanding upon the Red Cedar discovery.
About the Strathy Gold Project
The Strathy Gold Project is an extensive 46 km2 land package in the Archean-age Temagami
Greenstone Belt, which is the southernmost extension of the Abitibi Subprovince in Ontario.
Solstice’s first drill program on the Project intercepted the Red Cedar Discovery; an intercept of
8.52 g/t Au over 3.5m including 28.7g/t over 1.0m (core lengths). The discovery hole is located
within an extensive Red Cedar IP anomaly on the Project which is open to the east. Located on
the Trans Canada Highway, the Project has excellent access to infrastructure and mining
expertise. In addition to the recent Red Cedar discovery, the Strathy Gold Project contains
documented, widespread high-grade gold mineralization, hosting historic intercepts of 5.00 g/t
Au over 17.28m and 7.66 g/t Au over 7.25m (core lengths) at vertical depths of approximately
50-100 metres below surface1 at the LGZ and documented surface sample results of up to 62.7
g/t Au3. Despite this demonstrated prospectivity, the core claims at Strathy have not been
systematically explored in the past.
References:
1. OGS Assessment file No. 31M04SW0088
2. OGS Interpreted fault: OGS Map M2323
3. Wabana Exploration Assessment Report, file No. 31M04SE2005
Historical Sampling and Drilling Data and Information
The sampling and drilling data and information presented in this news release (the “Historical
Exploration Information”) is historical in nature. 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 not undertaken any independent investigation,
nor has it independently analyzed the results of the Historical Exploration Information in order to
verify the results. The reader is cautioned not to treat Historical Exploration Information, or any
part of it, as current and that a qualified person has not done sufficient work to verify the results
and that they may not form a reliable guide to future results. No independent quality
assurance/quality control protocols are known for these historic samples and drill holes and
therefore the Historical Exploration Information may be unreliable. Solstice considers these
historical drill results relevant as the Company will use this data as a guide to plan future
exploration and drilling programs. Solstice considers the data to be reliable for these purposes,
however, the Company's future exploration work will include verification of the data through
drilling.
About Solstice Gold Corp.
Solstice is an exploration company with quality, district-scale gold projects in established mining
regions of Canada. Our 46 km2 Strathy Gold Project hosts high grade gold mineralization over a
wide area straddling two NE-SW-trending structures. It is located in the Abitibi Subprovince of
the Superior Craton and has never been systematically explored in its history. A 2024 17.5 line
km Alpha IP survey defined 50 new targets on SGC claims, and a follow-up 2025 IP survey of
17.2 line km shows that the largest IP anomaly is larger than originally measured. Large,
continuous IP anomalies are structurally linked to areas of significant gold intercepts and are
largely untested, presenting the opportunity for significant discovery.
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.
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.
Forward-Looking Statements and Additional Cautionary Language
This news release contains certain forward-looking statements (“FLS”) including, but not limited
to the Company’s 2025 and 2024 IP programs, interpretation of the IP data, and the Company’s
Q1 2026 drill program. 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 acquisition and interpretation of IP data, its use in drill targeting,
and general risks relating to the Company’s business including 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 the Company will be able to complete the two acquisitions and commence its Q1
2026 drilling program as and when anticipated. 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
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
or contact:
Phone: (604) 283-7234