Welcome to our dedicated page for Conquest Res news (Ticker: CQRLF), a resource for investors and traders seeking the latest updates and insights on Conquest Res stock.
Conquest Resources Limited (CQRLF, TSXV: CQR) is a mineral exploration company focused on base metals and gold, with a portfolio of projects centered on Ontario and an announced transaction relating to the Valimaki Gold Project in Finland. The news flow around Conquest typically reflects its exploration progress, technical results, corporate decisions, and financing activities.
Investors following Conquest’s news can expect updates on its flagship Belfast-TeckMag Project in the Temagami Mining Camp at Emerald Lake, Ontario. Company releases have covered drilling campaigns, AI-generated targeting work with VerAI Discoveries Inc., and interpretations of potential VMS, IOCG, and related mineralized systems across multiple targets such as Eaglerock, Turtleshell, Emerald, and Manitou. Technical news often includes drill results, geophysical interpretations, and commentary from qualified persons under National Instrument 43-101.
Conquest’s news also highlights developments across its broader property portfolio, including the Alexander Gold Property in the Red Lake Gold Camp, the Smith Lake Gold Property, the Lake Nipigon Basin Property, the Marr Lake Property, and its interest in the King Bay Project. Disclosures may discuss project reviews for potential exploration programs, as well as possible sale, option, or joint venture opportunities.
Corporate and capital markets updates form another key part of the news stream. These include announcements about non-brokered private placement financings, charity flow-through share offerings, stock option grants under the company’s stock option plan, and results of shareholder meetings. For those tracking CQRLF, the news page on Stock Titan provides a consolidated view of these exploration, corporate, and financing developments over time.
Conquest Resources (OTC: CQRLF) has started its 2026 exploration program at the Valimaki gold project in southwestern Finland, focused on target refinement ahead of drill testing. Key activities include a high-resolution UAV magnetic survey (~86 km2), geological mapping along a 15 km trend, prospecting, rock sampling, and regional plus detailed glacial till sampling. Historic data within the boulder train include more than 150 boulders >1 g/t Au and assays up to 60 g/t Au. The UAV survey is scheduled for mid-to-late March, with mapping, prospecting, and till programs in April–May 2026.
Conquest Resources (CQRLF) closed the final tranche of a non-brokered private placement and upsized the offering to $415,000 by issuing 8,300,000 shares at $0.05 per share on February 19, 2026.
Proceeds will fund the Belfast-Teck Mag Project in Ontario and working capital; $9,000 in finder’s fees (6%) were paid. The placement included an insider participant and relies on TSXV acceptance and MI 61-101 exemptions.
Conquest Resources (OTC: CQRLF) entered a share purchase agreement dated February 17, 2026 to acquire 100% of Carrigel, owner of the Valimaki Gold Project in Finland.
Consideration includes 5,000,000 shares and $35,000 on closing, a 2% net smelter royalty with a $3,000,000 option for Carrigel to buy 1% back, and a further 5,000,000 shares on first drill approval. Closing is subject to regulatory approvals including TSX Venture Exchange consent; issued securities carry a four‑month plus one‑day hold.
Conquest Resources (OTC: CQRLF) closed the first tranche of a non-brokered private placement, issuing 6,000,000 flow-through shares at $0.075 per share for gross proceeds of $450,000. Proceeds will fund eligible Canadian exploration and critical mineral expenditures at the Belfast-Teck Mag Project in Ontario.
The FT shares carry a four-month-plus-one-day hold period. The company paid $9,000 in finder’s fees (6% of FT proceeds). The financings remain subject to final TSX Venture Exchange acceptance.
Conquest Resources (CQRLF) amended terms of its previously announced non‑brokered private placements to combine a flow‑through financing of up to 6,000,000 FT shares at $0.075 for gross proceeds up to $450,000, and a hard‑dollar financing of up to 6,000,000 HD shares at $0.05 for gross proceeds up to $300,000 (total up to $750,000). The FT proceeds must be incurred as Canadian exploration expenses for the Belfast‑Teck Mag Project in Ontario and may qualify as eligible Ontario exploration expenditures for certain Ontario individuals. Net proceeds from the offered shares will be used for working capital and general corporate purposes. Financings remain subject to regulatory approvals, TSXV acceptance and a four‑month plus one‑day hold period.
Conquest Resources (TSXV: CQR) intends a non-brokered flow-through private placement to raise up to $450,000 by issuing up to 6,000,000 FT shares at $0.075 per share. Proceeds will be used to incur eligible Canadian exploration expenses that qualify as flow-through critical mineral mining expenditures related to the Belfast-Teck Mag Project in Ontario; Ontario individuals/partnerships may receive qualifying eligible Ontario exploration expenditures.
The FT shares will be subject to a four-month-plus-one-day hold. The financing is subject to regulatory approvals including TSX Venture Exchange acceptance and may not be completed in whole or in part. Securities will not be registered in the United States. Technical content was reviewed by Joerg Kleinboeck, P.Geo.
Conquest Resources (CQRLF) entered a Letter of Intent dated November 27, 2025 to acquire 100% of Carrigel, the owner of the Valimaki Gold Project in southern Finland.
The project covers 23,197 hectares and hosts a 15 km gold-bearing boulder train with historic sampling of >150 boulders >1 g/t Au and assays up to 60 g/t Au. Conquest plans geophysics and mapping in early spring 2026 and drill testing in late summer/fall 2026 once permits are obtained.
Conquest Resources (CQRLF) said on October 28, 2025 it is reviewing data on its 100% owned Ontario gold projects and a 70% stake in King Bay for potential winter exploration, sale, option or joint venture transactions.
Key project notes: the 350 sq km Belfast-Teck Mag area hosts the former Golden Rose Mine (historic production 45,414 oz Au, 1935–1941) and extensive underground development; Smith Lake borders Barrick and Alamos assets and yielded grab samples >10 g/t Au; Alexander lies beside Campbell Red Lake with Goldcorp drilling in 2008 hitting 4.97 g/t Au over 1.82 m including higher subintervals.
Conquest Resources has completed its first phase 3,549m drill program with VerAI Discoveries at the Belfast-TeckMag Project in Ontario. The program tested four AI-generated targets, with three showing potential mineralized systems. The most promising results came from the Eaglerock target, where drilling identified a potential copper, zinc, and gold-bearing VMS system.
Notable intersections include 0.83% Cu over 0.50m in drillhole BC24-33 and anomalous Cu mineralization over 33.50m in BC24-32. The Eaglerock target spans 2km in length and showed sulphidic horizons with chalcopyrite and sphalerite mineralization. The partnership with VerAI, established in April 2024, involves a 1.5% NSR royalty agreement and funding for the drill program.