RPX Gold Strikes High-Grade Gold in Wawa

RPX Gold Inc. has announced significant progress at its Wawa Gold Project in Ontario, Canada. Recent drilling has extended high-grade gold mineralization, including zones with open pit potential, as identified in the 2026 Preliminary Economic Assessment (PEA). Assay results from eleven drill holes totaling 1,845 meters have revealed compelling grades, with some intersections showing exceptionally high concentrations of gold.

The company's extensive 20,000-meter drilling program, aimed at supporting a prefeasibility study (PFS), is nearing completion. Approximately 90% of the planned drilling is finished, with the program expected to conclude by mid-November 2026. The acquired data will be instrumental in producing an updated mineral resource estimate (MRE).

This MRE will underpin the PFS, which is slated for completion in the first half of 2027. Management is particularly encouraged by the tighter drill spacing, which continues to uncover additional high-grade gold zones within the planned pit design, offering opportunities to optimize mill feed grade for potential early-stage open pit operations.

Exploration drilling is also planned for targets north and south of the Jubilee deposit, focusing on intersections between the Jubilee Shear and crosscutting structures. RPX Gold's phased development strategy aims to generate early cash flow from open-pit operations to fund the advancement of underground development, de-risking the project and accelerating revenue generation.