Business
Churchill Discovers 20 Gold-Silver-Molybdenum-Lead-Zinc Veins Within a 150m Wide Swarm at Pomley Cove Pond, Black Raven Property
TORONTO, ON / ACCESS Newswire / February 25, 2026 / Churchill Resources Inc. ("Churchill" or t...
About this update from Churchill Resources Inc
[{"type":"text","content":"Churchill Discovers 20 Gold-Silver-Molybdenum-Lead-Zinc Veins Within a 150m Wide Swarm at Pomley Cove Pond, Black Raven PropertyTORONTO, ON / ACCESS Newswire / February 25, 2026 / Churchill Resources Inc. (\"Churchill\" or the \"Company\") (TSXV:CRI.V) is pleased to report drilling intercepts revealing an extensive, polymetallic vein swarm hosting gold, silver, lead, zinc and molybdenum at Pomley Cove Pond, a gold-silver system that the Company discovered at its Black Raven Project in Central Newfoundland. Drill holes PC25-01 and PC25-02, the initial \"wildcat\" holes drilled in closing days of Churchill's 2025 winter exploration program, both intersected portions of the swarm and together at least 20 different veins, within a broader 150m wide zone. Individual intercepts include:PC25-01 (vein 3): 2.93 gpt Au Eq* / 1.37m, including 4.77 g/t Au, 118.4 g/t Ag, 4.05% Pb, 9.6% Zn over 0.31m (from 65.74m), and molybdenum values above detection limit of 1000ppm.PC25-02 (vein 10): 9.17 gpt Au Eq / 0.20m, with 7.34 g/t Au, 87.2 g/t Ag, 2.35% Pb and 2.14% Zn (from 41.98m).PC25-02 (vein 4): 2.34 gpt Au Eq / 0.43m including 2.82 g/t Au and 21.7 g/t Ag over 0.23m (from 92.44m).*Au Eq values were calculated using long-term metal price forecasts of $3000 opt Au, $45 opt Ag, $4.10/lb Cu, $0.85/lb Pb, $1.30/lb Zn and $20/lb Mo and recovery factors of 95% for all metals as not metallurgical studies have been commissioned as yet on PC Pond material.Churchill President Paul Sobie stated: \"Pomley Cove Pond is a significant emerging focus for Churchill at Black Raven, and these results further underpin our interpretation that the Black Raven Property may be a central locus to a large-scale polymetallic system with multiple mineralized fluid pulses. Pomley Cove exhibits strong silicification associated with disseminated and vein mineralization within an area characterized by a historic IP survey chargeability high. This historic chargeability high represents one small portion of a larger 800m x1200m area with multiple similar IP features. Additionally, our soil sampling in 2025 returned strongly anomalous results for gold, silver, molybdenum, and arsenic in the Pomley Cove Pond area, particularly to the north of the pond, where we plan to commence drilling and trenching in late March (Figures 2 and 3). Initially we will lengthen both holes PC25-01 a...