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Cameo Resources: Katoro Final Technical Report Generates 80 High Priority Drill Targets
January 7, 2026 – TheNewswire - British Columbia – Cameo Resources Inc. (CSE: MEO, FSE: Z88) (“Cameo” or the “Company”) is pleased to announce that it is now in
About this update from Cameo Resources Inc
[{"type":"text","content":"January 7, 2026 – TheNewswire - British Columbia – Cameo Resources Inc. (CSE: MEO, FSE: Z88) (“Cameo” or the “Company”) is pleased to announce that it is now in receipt of the TECHNICAL REPORT ON THE INVESTIGATION OF GOLD MINERALIZED ZONES USING DRONE-MOUNTED MAGNETIC AND INDUCED POLARIZATION (IP) DATASET AT THE KATORO-GEITA GOLD PROJECT, SUKUMALAND GOLDFIELDS, NORTH TANZANIA (the “Technical Report”). The Technical Report provides detailed interpretation of Magnetic and Induced Polarization surveys performed over its 100% owned, 19.58 square kilometer, Katoro Gold Property (“Katoro” or the “Property”), located in the Geita region of the Lake Victoria Goldfields of Tanzania. Highlights of the Technical Report: Integrated interpretation of the geophysical results has determined five distinct mineralized zones identified in the project area detected at varying depths ranging from a few meters below the surface to ~100 m. These zones appear to extend west and/or east beyond the boundaries of the project area and/or surveyedblocks, indicating additional potential areas for gold mineralization These zones depict three significant trends aligned with the magnetic lineaments interpreted as faults and/or shear zones with the most dominant E-W trend mirroring the Tembo gold deposit of Buckreef Gold Mine. The prospective mineralized zones are characterized by moderate to high chargeability values of up to 250 mV/V, and generally low-intermediate resistivity values of ~10 Ωm to 700 Ωm. The zones are presumed to be associated with disseminated sulphides and gold mineralization within the Precambrian rocks and quartz veins foundwithin shear zones. High chargeability values in the prospective zones indicate potential areas likely to host sulphide-rich gold mineralization. A total of eighty (80) drill holes were proposedfor drilling in the project area to explore potential mineralized zones. (Figure 1) The Company plans to directly proceed with phased drilling campaigns at its Katoro property to systematically evaluate the massive amount of drill targets generated from this maiden geophysical exploration work. A 10-15 drill hole drill program is presently being designed to evaluate the first two of the five mineralized zones. The Company has solicited bids from several qualified drilling contractors in Tanz...