Surveys At The Treasure Island Project

NEWFOUNDLAND – Pirate Gold Corp. has initiated two simultaneous project scale airborne geophysical surveys at its Treasure Island Project in central Newfoundland. The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada’s newest gold district.
Greg Matheson, VP Exploration, said, “Exploration is moving quickly on all fronts at the Treasure Island Project in 2026. Our drilling program at Moosehead continues to expand the known mineralized zones, with multiple holes intersecting visible gold and yielding new discoveries. Two project-scale airborne surveys are now underway, bringing enhanced geophysical resolution to Treasure Island. These surveys are designed to refine structural interpretation beneath the glacial till and generate new drill targets across the broader property.”
Additionally, the receipt of drill permits for both the Crippleback Lake and Stony Lake areas allows us to extend exploration beyond the immediate Moosehead footprint and systematically test high-priority regional targets along the Valentine Lake Fault Zone. We are advancing a comprehensive understanding of the district-scale potential at Treasure Island, and 2026 represents an important step forward for Pirate Gold.”