[SMM Flash] Nuvau Minerals Confirms High-Grade Gold Potential at Canada’s Historic Matagami Zinc-Copper Camp

Published: Jun 30, 2026 19:32 (GMT+8)

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Nuvau Minerals announced encouraging results from its 2026 winter drilling program at the Thundermine target in Quebec’s historic Matagami mining camp. Drill hole TM-26-001 intersected 6.10 meters grading 5.28 g/t gold, including a higher-grade interval of 3.10 meters grading 7.22 g/t gold. Drill hole TM-26-004 also returned 2.50 meters grading 3.15 g/t gold.

The Matagami camp has historically been known for large-scale base metals production, having produced more than 10 billion pounds of zinc and nearly 1 billion pounds of copper since the 1960s. The latest Thundermine results suggest that, beyond its traditional VMS-style copper-zinc mineralization, the district may also host significant orogenic gold potential. Nuvau said a follow-up drilling campaign is scheduled to begin in July 2026, focusing on step-out drilling along strike and down dip from the TM-26-001 intercept to test the continuity and resource growth potential of the high-grade gold zone.

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