Gold Finder Provides Update on Exploration Activities in Northwestern Ontario
Gold Finder Resources (OTCQB: GLDFF) provided updates on its exploration activities across five properties in northwestern Ontario's gold belts. The company's West Madsen property (5,936 hectares) has completed summer 2025 prospecting, with results pending. At the Slate Falls property, historical samples showed impressive results of up to 331.8 g/t gold and 3,025 g/t silver. The Pipestone Bay property's western exploration yielded modest results (2-74 ppb gold), while the 991 Zone remains a drill-ready target. The Pakwash North property (40% ownership) awaits results from Kinross Gold's nearby 8,000-meter drill program. The McDonough property review identified two areas for follow-up exploration following 2023's drilling program.
Gold Finder Resources (OTCQB: GLDFF) ha comunicato aggiornamenti sulle attività esplorative svolte su cinque proprietà nelle cinture aurifere del nord-ovest dell'Ontario. La proprietà West Madsen (5.936 ettari) ha completato le prospezioni estive 2025; si attendono i risultati. Alla proprietà Slate Falls i campioni storici hanno evidenziato valori notevoli fino a 331,8 g/t d'oro e 3.025 g/t d'argento. Le esplorazioni a ovest della Pipestone Bay hanno prodotto risultati modesti (2–74 ppb d'oro), mentre la Zona 991 resta un obiettivo pronto per perforare. La proprietà Pakwash North (40% partecipazione) attende i risultati del programma di perforazione da 8.000 metri di Kinross Gold nelle vicinanze. La revisione della proprietà McDonough ha individuato due aree da seguire dopo il programma di perforazione del 2023.
Gold Finder Resources (OTCQB: GLDFF) ofreció novedades sobre sus actividades de exploración en cinco propiedades de las fajas auríferas del noroeste de Ontario. La propiedad West Madsen (5.936 hectáreas) finalizó el muestreo de verano 2025; los resultados están pendientes. En la propiedad Slate Falls, muestras históricas mostraron valores notables de hasta 331,8 g/t de oro y 3.025 g/t de plata. La exploración en el sector occidental de la Pipestone Bay arrojó resultados modestos (2–74 ppb de oro), mientras que la Zona 991 sigue siendo un objetivo listo para perforar. La propiedad Pakwash North (40% de participación) espera los resultados del programa de perforación de 8.000 metros de Kinross Gold en las cercanías. La revisión de la propiedad McDonough identificó dos áreas para seguimiento tras la campaña de perforación de 2023.
Gold Finder Resources (OTCQB: GLDFF)가 온타리오 북서부 금지대에 있는 다섯 개 광산권에 대한 탐사 진행 상황을 발표했습니다. West Madsen 부지(5,936헥타르)는 2025년 여름 답사를 마쳤으며 결과는 아직 대기 중입니다. Slate Falls 부지의 과거 시료에서는 금 331.8 g/t, 은 3,025 g/t에 달하는 유의미한 수치가 보고되었습니다. Pipestone Bay 부지 서쪽 탐사에서는 소량의 결과(금 2–74 ppb)가 나왔고, 991 구역은 시추 준비가 된 목표 지점으로 남아 있습니다. Pakwash North 부지(지분 40%)는 인근에서 Kinross Gold가 시행 중인 8,000미터 시추 프로그램 결과를 기다리고 있습니다. McDonough 부지 검토에서는 2023년 시추 후속 탐사를 위해 두 곳의 추가 조사 지역이 확인되었습니다.
Gold Finder Resources (OTCQB: GLDFF) a communiqué des mises à jour sur ses activités d'exploration sur cinq concessions situées dans les ceintures aurifères du nord‑ouest de l'Ontario. La concession West Madsen (5 936 hectares) a terminé la prospection estivale 2025 ; les résultats sont en attente. Sur la concession Slate Falls, des prélèvements historiques ont révélé des teneurs notables allant jusqu'à 331,8 g/t d'or et 3 025 g/t d'argent. L'exploration à l'ouest de la concession Pipestone Bay a donné des résultats modestes (2–74 ppb d'or), tandis que la zone 991 reste une cible prête pour le forage. La concession Pakwash North (participation de 40 %) attend les résultats du programme de forage de 8 000 mètres mené à proximité par Kinross Gold. L'examen de la concession McDonough a identifié deux secteurs à suivre après le programme de forage de 2023.
Gold Finder Resources (OTCQB: GLDFF) gab Updates zu seinen Explorationsaktivitäten auf fünf Liegenschaften in den Goldgürteln Nordwest-Ontarios bekannt. Die West Madsen-Liegenschaft (5.936 Hektar) hat die Prospektionen im Sommer 2025 abgeschlossen; die Ergebnisse stehen noch aus. Auf der Slate Falls-Liegenschaft zeigten historische Proben beeindruckende Werte von bis zu 331,8 g/t Gold und 3.025 g/t Silber. Die westliche Erkundung der Pipestone Bay-Liegenschaft brachte eher moderate Resultate (2–74 ppb Gold), während die Zone 991 ein bohrbereites Ziel bleibt. Die Pakwash North-Liegenschaft (40% Beteiligung) wartet auf die Ergebnisse des nahegelegenen 8.000-Meter-Bohrprogramms von Kinross Gold. Die Überprüfung der McDonough-Liegenschaft identifizierte zwei Bereiche für Folgeuntersuchungen nach dem Bohrprogramm 2023.
- High-grade historical samples at Slate Falls property showing up to 331.8 g/t gold and 3,025 g/t silver
- Strategic location of properties near productive mines, including West Madsen's proximity to the active Madsen Mine
- 991 Zone at Pipestone Bay property identified as drill-ready target
- Potential value catalyst from Kinross Gold's nearby 8,000-meter drill program
- Low gold values (2-74 ppb) from recent Pipestone Bay western prospecting program
- 2023 drilling at McDonough property did not intersect significant gold mineralization
- Pakwash North property's previous drilling by BTU returned low values in copper, zinc, and gold
Vancouver, British Columbia--(Newsfile Corp. - September 3, 2025) - Gold Finder Resources Ltd. (TSXV: GLD) (OTCQB: GLDFF) ("Gold Finder" or the "Company") is a gold explorer focused on the discovery potential of overlooked and underexplored properties. The Company's current properties are all located in northwestern Ontario, home to some of the world's most productive gold belts (Figure 1).
Figure 1: Property Locations within the Archean Greenstone Belts of Northwestern Ontario.
To view an enhanced version of this graphic, please visit:
https://goldfinderresources.com/images/maps/Gold-Finder_Property-Locations.jpg
Current projects include the West Madsen, Pipestone Bay, Pakwash North, and McDonough properties all located in the Red Lake Mining District; and the Slate Falls property located in the Patricia Mining District (Figure 1). An exploration update on each project follows.
West Madsen Property
Results from the summer 2025 prospecting and soil sampling program have now been received and will be released shortly following a review and assessment of the geochemical data.
Gold Finder owns a
Figure 2: Drone View Looking NE Toward WRLG's Madsen Mine/Mill Complex
To view an enhanced version of this graphic, please visit:
https://goldfinderresources.com/images/westmadsen/WM-BLK-A_WRLG.jpg
Slate Falls Property
The 100 %-owned Slate Falls property is located within the southwestern extension of the Meen-Dempster Greenstone Belt, between the Red Lake and Pickle Lake gold camps. The 5,100-hectare property covers key regional-scale structures that correlate with numerous high-grade gold and silver showings identified over a 10-kilometre trend within the claim package. Previously reported work in 2019 and 2020, targeted east-west shear zones containing high-grade quartz veins where grab samples returned values of up to 331.8 grams per tonne (g/t) gold and 3,025 g/t silver, and follow-up drilling returned values of up to 78.5 g/t gold and 73.7 g/t silver over 0.24 metres.
Subsequent work on the property has included an airborne high-resolution magnetic (MAG) survey and a structural study that incorporated the MAG survey data with all known lithological and mineralogical information and structural measurements. The resulting interpretation highlighted major east-northeast-trending shear zones and fold structures across the property (see structural interpretation map).
The next phase of target development fieldwork will include a fresh look at the high-grade Trail and Sanderson zones. Mapping and sampling will also be carried out on showings in the eastern part of the property, which Gold Finder has never visited, such as the FTM Zone (historical grab samples up to 149 g/t gold and 169 g/t silver) and the Fry Lake #5 Occurrence (3.8 g/t gold and
The Company is actively engaged in discussions with local First Nations regarding an updated Exploration Agreement. Further updates will be provided as they become available.
Pipestone Bay Property
A prospecting program in the western part of the Pipestone Bay Property earlier this summer did not yield any significant gold results from grab samples, with values ranging from <2 to 74 ppb gold. However, several horizons of banded iron formation were identified, which have previously returned anomalous gold values on the property (with a known maximum of 730 ppb gold). Higher-grade values are known to occur along strike to the southeast of the property (e.g. the historical Ledge showings where gold is related to quartz veining near mafic-felsic contact zones and banded iron formation, with values up to 22.1 g/t gold over 0.5 meters in channel samples and 7.7 g/t gold over 0.9m including 30.9 g/t gold over 0.14m in diamond drill core (Singh 2005)). Systematic geological mapping, prospecting and soil sampling is warranted in the western part of the property, followed by backhoe stripping and diamond drilling if warranted.
Meanwhile, the 991 Zone in the eastern part of the property remains a drill-ready target. Only one known drillhole has tested the zone, which is hosted in felsic volcanic rocks at the contact with a folded ultramafic body to the north. The 2004 hole intersected a 200-meter-wide quartz-sericite alteration zone containing anomalous gold and copper values but was drilled parallel to high-grade north-south quartz veins previously identified at the showing, which Gold Finder sampled in 2019, obtaining up to 44.9 g/t gold from grab samples.
Figure 3: Pipestone Bay Property Regional Setting
To view an enhanced version of this graphic, please visit:
https://goldfinderresources.com/images/Pipestone-Bay/Pipestone-Regional-Setting.jpg
The
Pakwash North Property
Located ~36 km southeast of the town of Red Lake, Gold Finder holds a
The property adjoins the southeastern portion of BTU's Dixie Halo property that was optioned to Kinross Gold in February 2023 and the northern boundary of Kinross's Bruce Lake property (see area claim map). BTU announced on May 20, 2025, that Kinross had commenced a drill program that is planned to include approximately 8,000 metres on various target areas identified as priority locations for potential gold mineralization. Results are expected in early Q4 as reported in BTU's Annual Management's Discussion and Analysis dated August 5, 2025. Should the Kinross drilling program result in a new discovery near the Pakwash North claim boundary, it could enhance the exploration potential of the property.
McDonough Property
A review of all geochemical, geological, and diamond drilling data was completed this summer to understand why 2023 drilling did not intersect significant gold mineralization despite the coincident geochemical and geophysical anomalies which were targeted, and to assess any other potential targets of merit.
Figure 4: McDonough 2025 Property Review, Geology, and Area Recommendations
To view an enhanced version of this graphic, please visit:
https://goldfinderresources.com/images/McDonough/McDonough-2025-Review-with-Geology.jpg
Two areas were identified for follow-up geological mapping, prospecting and soil sampling.
The first is to the south of where 2023 drilling took place, towards a regional unconformity (Figure 4). Hole MCD23-04 intersected an intermediate intrusive rock over its final 71 meters, which is similar to the rock type hosting gold and silver mineralization in quartz veins at the Winter Road Lake West Occurrence in the western part of the property, which according to the Ontario Mineral Inventory (OMI) returned 0.435 g/t gold and 2.7 oz/ton silver over 2.13 meters in 1987 diamond drilling.
The second area of interest is north of where 2023 drilling took place, where 2019 field work identified further outcrops of intermediate intrusive rock which could be prospective for gold mineralization.
Gold Finder holds a
Coleman Robertson, P. Geo, a qualified person as defined in NI 43-101, has reviewed and approved the technical contents of this news release on behalf of the Company.
References:
Singh, 2005. Assessment Report on West Red Lake Properties for Redstar Gold Corporation, Red Lake District, NTS 52M01SE, 52M01SW, Ball Township, MNDM file 20000000647.
About Gold Finder Resources Ltd.
Gold Finder is a mineral exploration company focused on discovery-stage properties. Our goal is to add value by defining or redefining the exploration opportunity, maintain ownership control during the value creation phase of discovery, and then source a well-financed partner capable of accelerating discovery, resource definition, and development.
For more information, you can visit our website at goldfinderresources.com, download our investor presentation, and follow us on X at https://x.com/GoldFinderRes.
ON BEHALF OF THE BOARD
Signed "Gregory Lytle"
Gregory Lytle, President
Gold Finder Resources Ltd.
Direct line: (604) 839-6946
Email: info@goldfinderresources.com
179 - 2945 Jacklin Road, Suite 416
Victoria, BC, V9B 6J9
Forward-Looking Statements
This news release may contain "forward-looking statements" that involve known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events, or results or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/264867