Evergold Corp. reports company developments tied to British Columbia mineral exploration, including drilling activity at the Golden Lion project and the DEM property. News items describe exploration targeting, precious-metals and strategic-metals results, geophysical and geochemical work, and access conditions for field programs.
Company updates also cover capital formation for exploration, including non-brokered private placements, hard-dollar units, flow-through shares, common-share purchase warrants, and regulatory hold-period terms under Canadian securities rules.
Evergold (EVGUF) reported initial Golden Lion drilling results, including 4.90 metres grading 7.70 grams per tonne gold and 186.0 grams per tonne silver. That interval sits within 13.50 metres of 2.84 g/t gold and 127.65 g/t silver in GL26-031. GL26-027 returned 53.23 metres of 0.94 g/t gold and 3.8 g/t silver; GL26-026 returned 44.00 metres of 0.74 g/t gold. The six reported holes tested positions roughly 40 and 100 metres southeast of the 2021 drilling.
The completed program comprised 16 holes totalling 3,988 metres, drilled in July and August 2026. Results from ten holes and multi-element analyses remain pending. Geophysical surveys, mapping and sampling also advanced. Evergold plans to combine the data into a 3D model for 2027 planning and submit a permit application for further surveys and drilling. Alwin Fernandez was appointed Investor Relations Manager at $6,000 per month.
Evergold (OTC:EVGUF, TSXV:EVER) reported that two members of its exploration team were aboard an aircraft that made an emergency landing on Foothills Boulevard in Prince George, British Columbia, on August 20, 2026. The aircraft, operated by Sekani Air, struck several vehicles, and Evergold has been informed that a person in one of those vehicles has died.
The aircraft was transporting Evergold personnel south for a scheduled break from work at the Golden Lion Project. According to the company, both Evergold crew members and other passengers, including personnel from several other mineral exploration companies and the pilot, are safe and uninjured. Evergold emphasized its commitment to safety and said it will support its project crew members and their families and provide updates as the accident investigation progresses.
Evergold (OTC:EVGUF, TSXV:EVER) reported an exploration update from the GL1 Main Zone on its 100%-owned Golden Lion project in British Columbia. Six diamond drill holes totaling 1,400 metres have been completed, with 10–12 holes remaining. All holes show visually encouraging base metal sulphide-bearing veining consistent with known GL1 gold-silver mineralization, although all assays are still pending.
High-resolution drone magnetic and LiDAR surveys at GL1 have refined drill targeting and mapped the zone as a continuous magnetic low. Evergold is also integrating new MobileMT airborne geophysical data and surface work over the northern “Copper King” area on the >12,500-hectare Golden Lion property to identify additional mineralized systems.
Evergold (OTC:EVGUF) has fully mobilized a drill rig, camp and crews to its 100%-owned Golden Lion property in the Toodoggone district, northern BC, and diamond drilling at the GL1 Main Zone is now underway.
The 2026 program targets about 4,000 metres in 12 holes, testing depth extensions beneath a 2 km gold-silver soil anomaly. A property-scale MobileMT airborne electromagnetic survey totaling 264 line-kilometres has also been completed, with data processing and inversion in progress. The property, including the Copper King inlier claims, now covers more than 12,500 hectares of mineral tenures.
Evergold (OTC:EVGUF) appointed Jim Gray to its board of directors, effective immediately. Gray is a Chartered Professional Accountant with nearly 30 years of experience in accounting, taxation, corporate finance, and public company governance, with a strong focus on junior mining companies.
He is a partner at DeVisser Gray LLP, has served almost 20 years as CFO and Director of Arcus Development Group, is currently a Director of Cascadia Minerals, previously a Director of ATAC Resources, and spent 15 years as Treasurer of AME in British Columbia, earning the AME Gold Pan Award in 2009.
Evergold (OTC:EVGUF, TSXV:EVER) outlined its 2026 exploration plans for the Golden Lion property in British Columbia. The program starts in June and includes 4,000 meters of drilling in 12 holes at the GL1 gold-silver zone, following strong 2021 intercepts, plus extensive geophysical and geochemical work to advance the copper-gold “Copper King” target in the north.
The company also detailed a consulting agreement with Dylan Berg for corporate advisory and investor relations services through June 30, 2026, at a monthly fee of $7,500 plus GST, subject to TSX Venture Exchange approval.
Evergold (OTC:EVGUF) closed a non-brokered private placement on April 6, 2026, raising $5,406,347.45 via 6,612,758 HD Units at $0.55 and 2,722,047 FT Shares at $0.65.
HD Units include 0.5 warrant (exercise $0.80, 24 months). FT proceeds will fund Canadian exploration, primarily the Golden Lion Project, with renunciation for fiscal 2026 and expenditures by Dec 31, 2027.
Evergold (OTC:EVGUF) announced an upsized non-brokered private placement increasing proceeds by $1,000,000 to up to $6,000,000. The offering comprises HD Units at $0.55 and FT Shares at $0.65. Closing is expected on or about April 1, 2026, subject to TSX Venture Exchange acceptance and regulatory approvals.
All securities will carry a statutory hold period of four months plus one day and are not registered for sale in the United States.
Evergold (OTC:EVGUF; TSX-V:EVER) announced a non-brokered private placement to raise up to $5,000,000 through hard-dollar units at $0.55 and flow-through shares at $0.65 to fund drilling and exploration at the Golden Lion project in northern Toodoggone, BC.
Proceeds from FT shares will be renounced for fiscal 2026 and qualifying expenditures incurred by December 31, 2027; closing is expected on or about April 1, 2026, subject to regulatory approvals.
Evergold Corp. (TSX-V: EVGUF) has initiated follow-up drilling at its DEM prospect in central B.C., building on last year's discovery of precious and strategic metals. The program aims to drill up to 1,000 meters across multiple holes, targeting a north-south geochemical and geophysical trend within the larger 4 km² DEM target area. The company is particularly excited about two high-order CSAMT anomalies with associated high IP chargeability, which may have been narrowly missed in the previous drilling season.
The 2023 reconnaissance drilling intercepted a structurally-focused, epithermal-style system with broad envelopes of anomalous to low-grade mineralization, including high-grade intervals of both precious and strategic elements. Highlights include 135 meters of 0.12 g/t Au in DEM23-01, very high-grade molybdenum (0.82%) with gold and rhenium credits in DEM23-02, and 48.2 meters of 0.58 g/t Au and 11 g/t Ag in DEM23-03.