Cambria Gold Mines Reports Initial Drill Results from Premier Gold Project
Vancouver, BC — April 27, 2026 — Leads & Copy — Cambria Gold Mines (TSXV: CAMB; OTCID: AOTVF) reported the initial results from its ongoing infill drilling program at the Premier Gold Project (PGP), located in northwestern British Columbia.
The highlight intercept revealed 22 meters grading 17.95 grams per tonne (g/t) gold, including 552.0 g/t gold over 0.5 meters. The company began trading on February 13, 2026.
Cambria Gold Mines is focused on the synchronized development of two lead assets in BC’s Golden Triangle.
According to Cambria, the Premier Gold Project benefits from paved road access, grid-connected hydroelectric power, and proximity to a deep-water port. The project includes multiple deposits: Premier, Silver Coin, Big Missouri, Dilworth, and Martha Ellen.
Red Mountain, a high-grade underground gold deposit, is located approximately 15 kilometers northeast of Stewart, BC, within Nisga’a Nation Treaty Lands, in BC’s Golden Triangle.
Robert McLeod, President and CEO of Cambria Gold Mines, stated that the company intends for the Premier Gold Project to serve as an infrastructure and processing hub, while Red Mountain is prioritized as the initial source of mill feed.
“We have our first drill results from the 2026 season at the Premier Gold Project,” stated McLeod in an April 21, 2026, News Explained YouTube Short. “With our first drill hole, we absolutely nailed it with about 18 grams per tonne over 22 meters. That’s very close to true widths. It’s from the 602 zone, which is on the western side of the famous Premier Gold Mine.”
McLeod added that the company released the first five drill holes of its 27,000-meter ongoing infill drilling program at the Premier Gold Project. He also confirmed that there are currently two drills underground on the opposite side of the ore body, called the Prew Zone.
According to McLeod, the drilling at the 602 Zone is delineating high-grade mineralization, which could be accessed with additional development from the recently constructed underground workings at the historic Premier Mine. The objective is to establish the strong continuity similar to the nine primary shoots that were historically mined at the deposit.
The company reported results from the first five diamond drill holes completed, totaling 1,815 meters, from the “602 Zone” of the Premier-Northern Lights deposit. Drilling is focused on infill of Indicated and Inferred Resources at the Premier deposits to provide the necessary drill spacing for development planning.
The Cambria geological team believes that the lack of infill drilling during development was a critical factor in the difficulties encountered during the mining operations that led to a shutdown of operations in 2024.
The scientific and technical information within the release was reviewed and approved by Blaine Smit, P.Geo. Vice President Exploration for Cambria Gold Mines Inc. Mr. Smit is a “Qualified Person” as defined under National Instrument 43-101.
On April 22, 2026, Cambria announced the completion of additional claim staking at the Mt. Margaret copper-gold porphyry deposit near Randle, Washington.
The new staking consists of approximately seven square kilometers of unpatented lode claims surrounding Cambria’s patented federal claims. The patented claims are held in partnership with the United States Federal Government Bureau of Land Management.
Cambria Gold has been advancing discussions with various US Federal Government Departments regarding the future direction for the deposit. These discussions have led Cambria to initiate a plan to “spin out” the copper asset into a new US entity.
McLeod confirmed that there is a historic resource that was completed prior to National Instrument, 43-101, and shouldn’t be relied upon: 577 million tonnes at 0.36 % copper and 0.24g/t Au. This was drilled in the 1970s. The historic resource was established in 1977. The only other work was done in 2010 when Ascot Resources completed 10 drill holes, and almost all of them ended in mineralization.
McLeod added that Mount Margaret is potentially one of the most significant copper resources in the United States and the company intends to spin this company out into a new US-domiciled entity in the next couple of months.
Note: the scientific and technical information within this release was reviewed and approved by Blaine Smit, P.Geo. Vice President Exploration for Cambria Gold Mines, and is therefore not independent. Mr. Smit is a “Qualified Person” as defined under NI 43-101 and visited the Mt. Margaret project in March of 2026 to review 2010 drill core, property geology, and monumented drill collars.
Source: Cambria Gold Mines
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