Quadro Announces Staghorn Drill Program Intersects Gold-Bearing Mineralization in All Four Holes
MWN-AI** Summary
Quadro Resources Ltd. (TSXV: QRO) recently announced promising results from its 2025 diamond drilling program at the Staghorn property, located along the Cape Ray Fault in Newfoundland and Labrador. Conducted by TRU Precious Metals Corp., the four-hole drilling campaign, totaling 1,988 meters, confirmed gold-bearing mineralization in all drill holes. Notably, two of the holes, GR 25-03 and GR 25-04, revealed a newly identified broad mineralized altered sandstone unit along a strike length of about 500 meters, enhancing the potential for further exploration.
Drill hole GR 25-03, situated 1,600 meters southwest of previous Mark's Pond mineralization drilling, intersected significant gold mineralization with grades of 1.0 grams per tonne (g/t) over 13.3 meters and an overall zone of 0.3 g/t over 65.3 meters. Similarly, GR 25-04, drilled 500 meters farther southwest, produced an intercept of 1.0 g/t over 5.1 meters within a broader zone of mineralization at 0.5 g/t over 18.2 meters. Additionally, a potential strike extension of the mineralized zone was observed in drill hole GR 25-02, which recorded 1.0 g/t over 4.0 meters.
The results underscore a promising potential corridor of over 2 kilometers of gold mineralization along the Cape Ray Fault, with Quadro now operating a 49% interest alongside TRU's 51%. Wayne Reid, VP of Exploration, expressed enthusiasm about the findings, highlighting the substantial growth opportunities they present for the joint venture. Quadro Resources continues to focus on its exploration efforts in North America, maintaining its oversight on the Staghorn property while holding full ownership of the Long Lake property.
MWN-AI** Analysis
Quadro Resources Ltd. (TSXV: QRO) has recently announced promising results from the 2025 diamond drilling program on its Staghorn property, revealing gold-bearing mineralization in all four drill holes. This development is significant for investors seeking exposure in the gold exploration sector, especially given the ongoing global economic volatility that often drives investors toward precious metals as a safe haven.
The reported intersections of 1.0 g/t Au over 13.3 m and 5.1 m, alongside wider mineralization zones, indicate the presence of a previously unidentified and significant sandstone unit along the Cape Ray Fault Zone. This discovery not only highlights the exploration capacity of the Staghorn property but also positions Quadro as a potentially lucrative investment opportunity, particularly as the joint venture with TRU Precious Metals Corp (TRU) solidifies its position in the area.
Investors should note the strategic partnership between Quadro and TRU, with TRU holding 51% of the project. This collaboration allows Quadro to maintain a significant interest while sharing operational responsibilities, optimizing costs and exploration efficiencies moving forward. Additionally, the potential for extending gold mineralization over a corridor exceeding 2 kilometers can attract more attention from larger mining entities and investors looking for future acquisition targets.
While stock value may already reflect some of this positive news, the continued success of the drilling program and subsequent exploration results could enhance Quadro's appeal as a growth stock in a fluctuating market. Investors should closely monitor Quadro’s developments and consider timing entry points, especially as further data from additional drilling may lead to increased valuations. Furthermore, the broader trend of rising gold prices can further fuel interest in shares of companies like Quadro, making this a compelling option for those investing in commodities within the current market landscape.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Vancouver, British Columbia--(Newsfile Corp. - September 11, 2025) - Quadro Resources Ltd. (TSXV: QRO) (FSE: G4O) ("Quadro" or the "Company") is pleased to report on the results of the 2025 diamond drilling program completed by TRU Precious Metals Corp. ("TRU") on the Staghorn property, located along the Cape Ray Fault in Newfoundland and Labrador. Significantly, a broad mineralized altered sandstone unit was intersected in two of the drill holes (GR 25-03 and GR 25-04) over a strike length of 500 m. GR 25-03 was collared 1600 m southwest of the previous drilling completed on the Mark's Pond mineralization and resulted in an intersection of 1.0 g/t Au over 13.3 m within a wider zone of 0.3 g/t Au over 65.3 m. The final hole of the program (GR 25-04) was collared an additional 500 m to the southwest and intersected similar mineralization with results of 1.0g/t Au over 5.1 m within a wider zone of 0.5 g/t Au over 18.2 m. This latest drilling confirms the potential for gold mineralization along this portion of the Cape Ray Fault Zone and has extended the exploration potential 2100 m southwest of the Mark's Pond mineralization. TRU has earned a 51% interest in the Staghorn property. Going forward the Staghorn property will be operated as a 49% Quadro / 51% TRU joint venture.
The following descriptions, table, and figures pertaining to the recently completed drilling are sourced from TRU's press release issued on September 10, 2025. For a full description of results and QA/QC controls and protocols please refer to the TRU press release.
Highlights:
- The investigative, wide-spaced, four-hole, (1,988m) diamond drilling program intersected gold-bearing mineralization in every hole.
- A previously unknown broad mineralized sandstone unit was intersected in two of the drill holes (GR 25-03 and GR 25-04) over an interpreted minimum strike length of 500m.
- A second previously unknown mineralized zone displaying similarities to the above-mentioned mineralized sandstone, and which may represent an along strike extension of the same zone, was intersected in drill hole GR 25-02 providing an intercept of 1.0g/t Au over 4.0m.
- Indications of continuity of the previously trenched Northcott zone were identified over 240m vertically at depth in drill hole GR 25-01.
Table 1: Length-weighted drill hole intercepts
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Figure 1: Main 2025 drilling intercepts obtained and mineralized zones (courtesy of TRU; see TRU's press release dated September 10, 2025)
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Figure 2: 2025 drill program showing scale of drilling area and mineralized zones (courtesy of TRU; see TRU's press release dated September 10, 2025)
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Wayne Reid, P. Geo., VP Exploration for Quadro, stated: "We are excited because this opens up a potential +2 kilometer corridor of gold mineralization along the Cape Ray Fault Zone. The results of TRU's drilling program, which intersected mineralization in every hole and confirmed the presence of a broad, previously unknown mineralized sandstone unit, significantly expand the exploration potential well beyond the Mark's Pond discovery. This positions our joint venture with TRU for meaningful growth as we continue to unlock the potential of the Staghorn property."
Qualified Person
Wayne Reid, P. Geo., VP Exploration for Quadro and a qualified person as defined in National Instrument 43-101, is responsible for this release and supervised the preparation of the information forming the basis for this release.
About Quadro Resources - Quadro Resources Ltd. is a publicly traded mineral exploration company with approximately 28.5 million shares outstanding, listed on the TSX Venture Exchange under the ticker symbol "QRO." The Company focuses on gold exploration in North America. Quadro owns a 49% interest in the Staghorn property, while TRU Precious Metals Corp. holds 51%. Quadro maintains full ownership of the Long Lake property. Both properties are located along the Cape Ray Fault in Newfoundland and Labrador.
On behalf of the board of directors,
Quadro Resources Ltd.
"T. Barry Coughlan"
President and CEO
Tel (604) 644-9561
[email protected]
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release." The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections." For more information on the Company, interested parties should review the Company's filings that are available at www.sedarplus.ca.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266028
FAQ**
How does Quadro Resources Ltd. QRO:CC plan to leverage the newly discovered mineralized sandstone unit in the Staghorn property to enhance its exploration strategy moving forward?
What potential impacts could the results from TRU Precious Metals Corp.'s drilling program have on Quadro Resources Ltd.'s overall valuation and share price in the coming years?
Given Quadro Resources Ltd. QRO:CC's interest in the Staghorn property, what are the projected timelines for further exploration and possible production activities based on the latest drilling results?
What joint venture objectives does Quadro Resources Ltd. QRO:CC have with TRU Precious Metals Corp., and how will these impact future resource development on the Staghorn property?
4. What impact could the promising intersections of gold mineralization at the Staghorn property have on Quadro Resources Ltd. QDROF's stock performance and long-term growth prospects?
**MWN-AI FAQ is based on asking OpenAI questions about Quadro Resources Ltd. (TSXVC: QRO:CC).
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