Business
Canadian GoldCamps Provides Mercator Gold Exploration Priorities & Strategy
Company to advance NI 43-101 Technical Report; 2026 exploration campaign to follow up on promising historic work including high-grade intercepts of 5.6 metres
About this update from Canadian Goldcamps Corp
[{"type":"text","content":"\n Company to advance NI 43-101 Technical Report; 2026 exploration campaign to follow up on promising historic work including high-grade intercepts of 5.6 metres of 4.87 g/t gold\nVancouver, British Columbia, TheNewswire, May 26, 2026, Canadian- GoldCamps Corp. (CSE: CAMP) (OTC: SMATF) (FSE: A68) is pleased to provide an update on its 2026 exploration strategy for the Mercator and Courcy gold projects located in the Caniapiscau district of northeastern Québec.\nFollowing a review of historical exploration data, geophysics, drilling, and regional geological interpretation, the Company has identified the Mercator project as its primary exploration focus for 2026 while continuing to retain exposure to the broader exploration potential of the Courcy project.\nFigure 1. Regional setting — geological map of the James Bay Territory (Eeyou Istchee) showing the location of the Mercator and Courcy properties within the Superior Province, with reference deposits Éléonore.\nStrategic Focus: Mercator BIF Gold System\nThe Mercator project covers approximately 561 square kilometres within the extension of the Opinaca sedimentary basin in northeastern Québec, a regional geological setting associated with several significant gold systems, including the nearby Éléonore mine.\nHistorical work completed on the property identified a broad gold-bearing iron formation system at the Meridian Zone, including drill intercepts reported by Stelmine in 2022 such as 17.8 metres grading 2.62 g/t gold, including 5.6 metres grading 4.87 g/t gold in hole MCT22-08.\nExploration completed to date indicates that the mineralized system extends over a large structural corridor that remains open along strike and at depth. Previous geophysical surveys also identified multiple conductive and chargeable targets interpreted to be associated with sulphide-bearing iron formations and structural deformation zones.\nManagement believes the combination of favorable regional geology, large-scale structural features, historical gold intercepts, and multiple untested geophysical anomalies supports the advancement of Mercator as the Company's flagship exploration asset for the upcoming field season.\nThe Company believes Mercator remains significantly underexplored relative to the scale of the identified geological system.\nFigure 2. Mercator property — claim boundary and Meridian...