Quartz Mountain Resources Ltd. announced that it has entered into a purchase agreement with Wild West Gold Corp. to acquire an additional mineral claim contiguous with the Company's 100%-owned Maestro Project in central British Columbia. The acquisition expands Quartz's land position at Maestro to 2,422 hectares and further consolidates prospective mineral host rocks adjacent to the Company's primary project area.
Acquisition Highlights. The acquired claim comprises approximately 113 hectares immediately adjacent to the east of the current Maestro property claims. The claim acquisition secures ground adjacent to a newly identified, multi-element soil geochemical anomaly on the Maestro Project, providing important area protection. The expanded land position enhances Quartz Mountain's ability to advance exploration across the broader Maestro area, which hosts geological features and a mineralization age similar to the new Blackwater Mine (Artemis Gold) near Vanderhoof.
Drill results to date indicate high potential for both bulk tonnage and underground high-grade gold and silver mineralization. Three phases of delineation type drilling of the new Prodigy discovery at Maestro have been completed and announced. It is expected that further drilling at Prodigy will be consistently advanced in multiple stages during 2026.
Mineralization remains open in multiple directions and at depth, promising significant further potential. About Jake. Mineralization at Jake is situated within a prominent rusty coloured gossan measuring 3.5 km long by 1.5 km wide.
The combination of extensive historical and recent exploration work has outlined a very expansive altered area at Jake hosting epithermal and porphyry-style sulphide disseminations and veinlets containing Cu-Au-Ag-Zn-Mo and Re. A series of modern surface exploration programs were first completed by Quartz to build on very compelling historical data on the Property developed by legendary porphyry copper explorers, including Kennco, Canadian Superior, Cities Service, Placer Development and Teck Corp. Taken together this comprehensive technical database defined a significant-scale porphyry copper-gold deposit target which Quartz tested with 3,418 meters of drilling in seven 7 holes during 2024.
This initial drill program successfully discovered a new porphyry copper-gold-silver system, wide open to expansion. Upon discovery, Quartz acquired a 100% interest in mineral tenures over an entire new BC porphyry copper-gold district surrounding the Jake Property. The next milestone towards a transaction will be delineation drilling of the new Jake discovery, currently being planned to commence after successful delineation drilling being conducted at Maestro over 2025.
