Core Viewpoint - AuMEGA Metals Ltd has initiated a diamond drilling program at its Cape Ray Project in Newfoundland and Labrador, focusing on a newly identified electromagnetic anomaly that is approximately 500 metres southeast of the central zone deposit [1][6]. Exploration Details - The identified anomaly is near an access road and has been historically overlooked, despite proximity to a high-grade gold sample of 111.5 grams per tonne collected years ago [2][7]. - The target area is characterized by significant structural features and is adjacent to the highest-grade section of the company's resource [2][12]. Drilling Program - The CEO indicated that early data prompted a swift response, leading to the mobilization of a second drill rig, with plans to continue drilling through the end of the year [3][14]. - The company aims to maximize drilling efforts before Christmas, with a focus on the EM anomaly and additional targets at Cape Ray West [3][10]. Additional Targets - AuMEGA is also exploring the Cape Ray West area, where a recent till program has revealed a multi-kilometre gold trend along the Isle aux Morts granite, previously thought to be unmineralized [3][12]. - Preliminary data from the granite area has shown promising signs, and the company is awaiting assay results to further inform its exploration strategy [4][13]. Future Outlook - The company is expecting results from multiple exploration zones, which will contribute to an expanded pipeline of drill targets leading into 2026 [4][16]. - The CEO expressed optimism about the potential for significant discoveries that could enhance shareholder value [10][11].