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Mackay Gold & Silver Outlines 2026 Plans for the Comstock District, Nevada
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2026) - Mackay Gold & Silver Corp. (TSXV: MACK) ("Mackay" or the "Company") is pleased to outline its
About this update from Mackay Gold & Silver Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - May 19, 2026) - Mackay Gold & Silver Corp. (TSXV: MACK) (\"Mackay\" or the \"Company\") is pleased to outline its strategic priorities and 2026 exploration plans. With approximately US$62 million in cash, Mackay is well-funded to advance a disciplined, multi-phase exploration strategy across its commanding land package in the Comstock District, Nevada, one of America's richest and most storied historic gold-silver mining districts. \"Since the start of trading April 24, 2026, the team has moved quickly to advance Mackay's technical foundation ahead of a mid-June drill program start,\" said Darwin Green, Chief Executive Officer of Mackay. \"Land consolidation by Mackay has been key to unlocking modern exploration of the Comstock District. We believe the Comstock District has the potential to host significant discoveries that have simply never been tested with modern methods, and we intend to find them.\" 2026 Exploration Plans Mackay's 2026 work program will apply a systematic, district-wide exploration strategy that includes first-time drilling of compelling walk-up drill targets, while concurrently generating new data and models to inform future exploration targeting. Near-term focus for drilling is the Occidental lode, a multi-kilometer long underexplored vein system that is parallel to the Comstock lode. An initial 20,000-meters of drilling is planned, designed to both define near-surface high-grade oxide ounces as well as target the discovery of new 'bonanza lodes' at depth. Program highlights include: Phase-one 15,000-meter Reverse Circulation (\"RC\") drilling program to commence mid-June, targeting shallow high-grade oxide gold mineralization, including step-outs along strike and down-dip from known mineralization Phase-one 5,000-meter Core drilling program to commence July/August, with initial drill holes designed to test the depth projection of the Occidental lode in the vicinity of the historic 1870's era Sutro Dewatering Tunnel; which reportedly transected a 100-foot-wide interval of the vein more than 1500 feet below surface Mackay is well funded to significantly expand and follow-up on results of this initial phase of drilling Development of a new district-wide mineral system model integrating new and modern geophysical surveys, hyperspectral surveys, geologi...