09:20 AM EDT, 09/11/2025 (MT Newswires) -- OceanaGold ( OCANF ) reported Thursday positive results from its exploration and resource conversion drilling programs at the Haile gold mine in the U.S.

Highlights include 28.9 meters at 18.33 grams per tonne gold, 16.1 meters at 16.33 g/t gold and 7.6 meters 10.39 g/t gold.

"With a record high exploration budget of $10 million at Haile this year, we are delighted by the excellent return on investment we continue to generate through exploration," president and chief executive officer Gerard Bond said.

"These exciting results continue to demonstrate the continuity of high-grade mineralization at several deposits across the property, notably at Ledbetter Phase 4, Horseshoe Underground, and the promising new early-stage Pisces and Clydesdale targets," Bond said.

OceanaGold ( OCANF ) traded 3.6% higher Thursday to a near 52-week high of $28.28 per share on the TSX.