Surveys Mobilised For Jake Creek Project

VANCOUVER – Headwater Gold Inc. reported that CSAMT resistivity and ground gravity geophysical surveys are underway at its Jake Creek project in Nevada. CSAMT and Gravity Geophysical Surveys Underway are 12.5 line-kilometre CSAMT and 600-station gravity survey designed to define structural controls and prioritize drill targets.
Detailed mapping identified a new zone of outcropping high-level epithermal quartz veining (“Pete’s Vein”) in the northern portion of the project. Soil Sampling and Geological Mapping Completed: 500-sample soil survey and comprehensive geologic mapping have significantly refined the structural and stratigraphic framework of the project. An initial drill program is currently scheduled for early summer 2026. The ongoing geophysical surveys will inform the final target areas and program scope.
Caleb Stroup, President and CEO, said, “Historic drilling at Jake Creek confirmed the presence of blind gold mineralization at moderate depth, including 11.3 g/t Au over 1.52 metres within a broader 45.72 metres grading 0.96 g/t Au in hole JC-005. What has been missing is a clear understanding of the structural framework controlling that mineralization, which is a key reason the system was never adequately followed up. Our current program of detailed mapping, relogging, soils and rock sample geochemistry and modern geophysics is focused on defining the fault architecture and district-scale fluid pathways responsible for mineralization. As we refine this structural and geological model, we are generating increasingly well-constrained, high-quality drill targets in advance of an initial drill program, funded by OceanaGold and scheduled for early summer 2026.”