Gemdale Gold Announces Significant Drill Results at Pontio Project

Gemdale Gold Inc. has unveiled final results from its Phase 1 2026 drill program at the Pontio Gold Project in Finland. The program, encompassing 28 diamond drill holes over 5,009 meters, revealed promising intersections in both the northern (N1) and southern (S1) sectors of the M2 Trend.

Notably, Hole PONT096 in the S1 Sector intersected 60.85 meters at 0.80 g/t Au, including 20.98 meters at 1.56 g/t Au. Meanwhile, Hole PONT098 in the N1 Sector delivered 47.16 meters at 0.82 g/t Au. These findings illustrate continuity and potential for bulk tonnage gold mineralization at shallow depths.

With Phase 2 already underway, Gemdale aims to tighten drill spacing in anticipation of a maiden Mineral Resource Estimate by early 2027. Current efforts focus on defining the scale and quality of the deposit. The project is poised for transformative progress as additional data is gathered and analyzed.