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Gemdale Gold Announces Commencement of Infill Diamond Drilling Program at its Flagship Pontio Gold Project, Finland
VANCOUVER, BC / ACCESS Newswire / February 23, 2026 / Gemdale Gold Inc. (TSXV:GEMG) (" Gemd...
About this update from Gemdale Gold, Inc
[{"type":"text","content":"Gemdale Gold Announces Commencement of Infill Diamond Drilling Program at its Flagship Pontio Gold Project, FinlandVANCOUVER, BC / ACCESS Newswire / February 23, 2026 / Gemdale Gold Inc. (TSXV:GEMG) (\" Gemdale \" or the \" Company \") is pleased to announce the commencement of an extensive infill drilling programme at its 100% owned Pontio Gold Project in Western Finland. This campaign follows the Company's recent successful listing on the TSX Venture Exchange and the closing of a C$2.4 million strategic investment from Eldorado Gold Corporation.The 2026 drilling programme is designed to provide the density of data required to move the project toward a maiden Mineral Resource Estimate and an updated NI 43-101 technical report reflecting the same. Drilling will focus on the main M2 Trend, a large-scale system where gold mineralization has been intersected near-surface over a strike length of approximately four kilometres. Additional technical information about the Pontio Gold Project and the Company's intended work program for the Pontio Gold Project is contained in the Company's technical report entitled \" NI 43-101 Technical Report on the Pontio Project, Central Ostrobothnia, Finland \", dated September 30, 2025 (the \" Technical Report \"), and the Company's final prospectus dated January 30, 2026, each available under the Company's profile on SEDAR+.Key Program Objectives:Resource Definition: Targeted infill drilling at 50m to 100m spacings within the core of the M2 Trend to confirm continuity of grade and thickness.Depth Extensions: Testing the down-dip potential of known high-grade shoots which remain open below 150 metres vertical depth.Trend Expansion: Following up on successful 2024 step-out drilling that extended the mineralized envelope to the south.Dr. Toby Strauss, President and CEO of Gemdale Gold, commented:\"With our recent public listing and the strategic investment from Eldorado Gold, we are now fully funded to accelerate the development of Pontio. This infill programme is a critical step in our transition from discovery to resource definition. The M2 Trend has already demonstrated remarkable scale and consistency near-surface, and we are confident that this systematic drilling will further develop Pontio's potential to become a major gold deposit in Finland.\"Summary of Previous Drill Results at PontioTo date...