10:55 AM EDT, 07/14/2025 (MT Newswires) -- Q-Gold Resources ( QGLDF ) said on Monday that it completed its phase 3 diamond drilling program at the historical Foley Shaft, which is part of its Mine Centre project in Ontario.

The company said it completed six diamond drillholes, where it successfully intersected the anticipated auriferous quartz veins. Q-Gold said the results at the Foley Shaft area will guide follow-up exploration efforts.

"We are encouraged by the initial success of our Phase 3 drilling campaign and eagerly await assay results from the six diamond drill holes," said Andreas Rompel, Q-Gold's president and CEO. "These early outcomes strengthen our confidence in continuing exploration along the known auriferous veins and pursuing the discovery of additional, yet-unidentified veins within our concession," Rompel said.

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