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Evergold Updates on Drilling and Exploration Plans for Golden Lion in Toodoggone, British Columbia

Highlights: First drilling at Golden Lion since 2021, with 4,000 meters in 12 holes planned Drilling to focus on Golden Lion Main Zone (GL1), where final 2021

articleEvergold Corp.May 22, 20265/company/evergold-corp/news/evergold-updates-on-drilling-and-exploration-plans-for-golden-lion-in-toodoggone-british-columbia
Evergold Updates on Drilling and Exploration Plans for Golden Lion in Toodoggone, British Columbia

About this update from Evergold Corp.

[{"type":"text","content":"\n \nHighlights:\n\n\nFirst drilling at Golden Lion since 2021, with 4,000 meters in 12 holes planned\n\n\nDrilling to focus on Golden Lion Main Zone (GL1), where final 2021 holes returned best-ever intercepts - GL21-024 66 m of 1.36 g/t gold and 11 g/t silver and GL21-025 11.3 m of 5.4 g/t gold and 62 g/t silver (see News November 16th, 2021)\n\n\nGeophysics, geochemistry and mapping to target a large-scale copper system in the north\n\n\nDrilling starts in June, with all contractors and technical staff committed\n\n\nTORONTO, ON / ACCESS Newswire / May 21, 2026 / Evergold Corp. (TSXV:EVER) (\"Evergold\" or the \"Company\") is pleased to outline its 2026 exploration program at the Golden Lion Property (\"GL\" or the \"Property\"), located in the Toodoggone district, British Columbia. The 2026 program, set to begin in June, represents a revitalization of Golden Lion, with a significant advancement of its 'GL1' gold-silver zone in the south and emerging copper potential in the north.\nView Video of CEO & President Alex Walcott Discussing Drilling and Exploration Plans for Golden Lion\n\n \nExploration Program Details\nDrill Program\n\n\n4,000 meters across 12 holes targeting extensions of the GL1's best-ever drill intercepts\n\n\nDrilling will test a 2 km long west-northwest trending gold-silver-soil anomaly first outlined by Newmont\n\n\nHoles will test the GL1 structure beneath peak geochemical values\n\n\nTargets coincide with resistivity anomalies which run parallel to known mineralized trends\n\n\nMineralization at GL1 comes to surface and has only been drilled to a depth of 250 meters\n\n\nMobilization scheduled for June, under the direction of Project Manager Taylor Quinn MSc., who brings extensive Golden Lion and Toodoggone district experience\n\n\nFigure 1: Map View of Proposed Drill Holes at Golden Lion\nTargeting a Large-Scale Copper Mineralizing System: \"Copper King\"\nThe northern GL property hosts a large, coherent copper-gold geochemical anomaly in an area previously referred to as \"Copper King,\" with features typical of porphyry-style mineralization, including:\n\n\nHighly anomalous copper-in-stream sediment samples collected across three adjoining drainages spanning roughly 30 sq km\n\n\nCorroboration from three Regional Geochemical Survey stream sediment samples collected by the Provincial Government...

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