Gold Candle Ltd. announces an exploration update on its Kerr-Addison gold deposit and Geminid nickel deposit. The Kerr-Addison project has indicated gold resources of 3.3 million ounces and inferred gold resources of 2.4 million ounces. The 2025 program included 123 holes totaling 57,338 meters in northeastern Ontario.

Exploration in 2025 focused on high priority targets, extending mineralization at the Kerr-Addison Open Pit. The drilling extended the O/P mineralization along the LLCB break, yielding positive results with potential for growth and continuity. Results are encouraging for an eventual mine plan at Kerr-Addison.

The Geminid mineral resource estimate released in May 2025 revealed inferred nickel resources of 105 million pounds. Drilling in the second half of 2025 aimed to expand nickel mineralization, resulting in increased grades and thicknesses compared to previous estimates. An updated resource estimate is expected in Q2 2026.

Gold Candle plans to execute its largest exploration program in 2026, with 9 drill rigs active on the property. The focus will be on expanding open pit targets, exploring near the former Kerr-Addison Mine, and regional exploration including the Geminid zone. The company aims to complete an updated Mineral Resource Estimate and Preliminary Economic Assessment by Q3 2026.

Read more at GlobeNewswire: Gold Candle Continues to Expand Kerr-Addison Open Pit with