Commodities
RPX Gold Accelerates Drilling at the Wawa Gold Project
TORONTO, July 14, 2026--RPX Gold Inc. ("RPX Gold", "RPX" or the "Company") (TSXV: RPX. OTCQB: RDEXF) is pleased to announce the mobilization of a second diamond drill at its Wawa Gold Project in Ontario (Figure 1). The second drill will expedite the completion of the ongoing 20,000 metre ("m") drilling program, of which approximately 5,000 metres have been completed to date, in preparation of a prefeasibility study ("PFS") targeted for completion in the first half of 2027 ("H1 2027").
About this update from RPX Gold
20,000 Metre Drill Program Ongoing to Support PFS to be Completed in H1 2027 TORONTO, July 14, 2026--(BUSINESS WIRE)--RPX Gold Inc. ("RPX Gold", "RPX" or the "Company") (TSXV: RPX. OTCQB: RDEXF) is pleased to announce the mobilization of a second diamond drill at its Wawa Gold Project in Ontario (Figure 1). The second drill will expedite the completion of the ongoing 20,000 metre ("m") drilling program, of which approximately 5,000 metres have been completed to date, in preparation of a prefeasibility study ("PFS") targeted for completion in the first half of 2027 ("H1 2027"). The 20,000 m drilling program aims to: Michael Michaud, President and CEO of RPX Gold, commented: "Mobilizing a second drill at Wawa is an important step in advancing the project toward a PFS early next year. With two rigs now active, we are well positioned to accelerate our fully-funded 20,000 m drill program and move efficiently toward an updated mineral resource estimate and PFS. "Our immediate focus is completing the resource conversion drilling needed to upgrade areas of the mine plan that were classified as inferred resources in the 2026 PEA. The additional drill capacity allows us to advance the resource conversion in parallel with the metallurgical, geotechnical and grade validation required to support the PFS. "The second drill will provide greater flexibility to test exploration targets identified through the 2025–2026 program, further highlighting the upside potential of the land package. This is a disciplined use of our drilling to compress timelines and advance technical workstreams in parallel, de-risking of the project at every stage. Our priority remains advancing the Wawa Gold Project toward completion of the PFS, targeted for H1 2027." 2026 Drilling Program The 2026 PEA mine plan identified that approximately 63% of open-pit ounces and 86% of underground ounces included in the economic model were classified as indicated mineral resources. On May 14, 2026, the Company announced results of an initial 9,000 m drilling program, targeting the conversion of inferred resources to the indicated confidence category in the areas of the Jubilee Deposit with open pit potential.