[Video Enhanced] Cambria Gold Mines Spins Out Copper Project Co-owned by the US Federal Government

About this update from Cambria Gold Mines Inc.

[Video Enhanced] Cambria Gold Mines Spins Out Copper Project Co-owned by the US Federal Government (TheNewswire) Vancouver, BC – TheNewswire - July 13, 2026 – Global Stocks News - Sponsored content disseminated on behalf of Cambria Gold Mines. On July 7, 2026, Cambria Gold Mines (TSXV: CAMB; OTCQX: CAMVF) announced that it intends to spin out the Mt. Margaret copper and gold porphyry deposit, located 22 kilometers southwest of Randle, Washington State. Cambria and ECC Ventures 4 (ECC4) have entered into a binding term sheet anticipating that Cambria will spin-out all of its rights to and interests in the Mt. Margaret copper and gold porphyry deposit in a transaction with ECC4. The Mt. Margaret Project is primarily located on patented federal mineral claims that are held by Cambria in partnership with the US Federal Government Bureau of Land Management (BLM), on Forest Service land. Cambria  controls 50% mineral rights of select patented claims centered over the deposit with the BLM holding the remaining 50%. Click Image To View Full Size   In 2025, the U.S. Geological Survey (USGS) added copper to the official list of Critical Minerals, making related projects eligible for federal investment and streamlined permitting. Rob McLeod, the CEO of Cambria Gold Mines, recently met with David Copley, Senior Director for Global Supply Chains at the White House National Security Council (NSC). After returning from meetings with Copley in Washington, D.C., McLeod sat down with Jay Martin to discuss the Mount Margaret copper project and Cambria’s restart plan for the Premier Gold Mine in British Columbia. “We found a unicorn in the dusty back offices of what was Ascot Resources and is now Cambria Gold,” reported McLeod in the Jay Martin interview. “It's a substantial copper and gold deposit along the Western Corridor of North America. Somehow, this extraordinary deposit was completely under the radar of the US mining industry. One of the reasons we were promptly invited to the White House to meet with Mr. Copley was the co-ownership status between the US Bureau of Land Management and Cambria Gold Mines. This deposit was discovered in the 1970s by Duval Mining. They drilled 105 drill holes into a copper, gold, silver and molybdenum porphyry deposit. In 1980, a volcano, Mount St. Helens, erupted just south of that dep...

View stock analysis, news, and events for Cambria Gold Mines Inc.