Golden Pursuit Resources Announces the Discovery of New Mineralization Targets Identified During Its 2025 Exploration Program on Its Myrt Lake and Kidney Pond Properties in the Northwest Territories, Canada
Newsfile·2025-11-05 23:17

Core Insights - Golden Pursuit Resources Ltd. has announced the discovery of two new mineralization targets during its 2025 exploration program at Myrt Lake and Kidney Pond properties in the Northwest Territories, Canada, indicating high-grade gold potential and polymetallic mineralization in the Gordon Lake mining district [1][2]. Exploration Results - New assay results from Myrt Lake show high-grade gold with samples D6-2 reporting 25.2 g/t Au, 133 g/t Ag, and 3.61% Pb, and sample D10 showing 22.7 g/t Au and 36.2 g/t Ag, indicating the discovery of two new mineralized zones approximately 2 km west of historic mine workings [4]. - At Kidney Pond, a new showing identified this year (sample 308004) suggests polymetallic mineralization with higher concentrations of copper (1.51% Cu), silver (18.65 g/t Ag), and gold (16.05 g/t Au) [5]. Historical Context - The Gordon Lake Project has a rich exploration history dating back to the late 1930s, with multiple gold showings and varying degrees of exploration and development [11][27]. - Golden Pursuit Resources acquired the properties in 2020 and has since conducted extensive exploration activities, including LiDAR surveying and geological mapping [12][29]. Future Plans - The company plans further exploration work, including geophysics and drilling, to validate and upgrade historical resource estimates, which require modern QA/QC protocols and confirmatory drilling [3][4]. - The construction of an all-weather road connecting Gordon Lake to Tibbit Lake is anticipated, which will significantly reduce exploration and drilling costs [11]. Community Engagement - Golden Pursuit collaborates with First Nations organizations and the Government of the Northwest Territories to advance strategic interests and support community initiatives [26]. Company Overview - Golden Pursuit Resources focuses on gold exploration in the Northwest Territories and Nevada, owning multiple properties with a history of mining and exploration dating back to the 1930s [29].