Welcome to our dedicated page for Quadro Resources news (Ticker: QDROF), a resource for investors and traders seeking the latest updates and insights on Quadro Resources stock.
Quadro Resources Ltd. (QDROF, TSXV: QRO) is a publicly traded mineral exploration company focused on gold exploration projects in Newfoundland, Canada. The news flow around Quadro centers on its work along the Cape Ray Fault system and the Central Newfoundland Gold Belt, where the company is advancing the Staghorn, Long Lake, and Tulks South properties.
This news page aggregates company announcements and third-party coverage related to Quadro’s exploration activities, property agreements, and corporate developments. Readers can follow updates on the Staghorn property, where Quadro reports that TRU Precious Metals Corp. has earned a 51% interest and is conducting drilling and trenching programs that have intersected gold-bearing mineralization and identified new mineralized zones. News items also cover Quadro’s 49% retained interest at Staghorn and the evolution of the joint venture relationship.
Coverage of the Long Lake property includes updates on claim status, exploration plans, and drill results from the Ricky Gold Target, where Quadro has reported the discovery of a new gold zone. Additional articles may discuss the reinstatement of cancelled claims at Long Lake and the company’s plans for prospecting, geophysics, and drilling in the area.
For the Tulks South property and other Newfoundland interests, news items highlight option terms, geophysical surveys, and regional exploration context within the Cape Ray Gold district. By reviewing this page, investors and observers can track Quadro’s exploration progress, option and joint venture milestones, and other material updates disclosed through its news releases and related reports.
Quadro Resources (TSXV: QRO) has reported significant results from its 2025 diamond drilling program at the Staghorn property in Newfoundland and Labrador, conducted by TRU Precious Metals Corp. The program, consisting of four holes totaling 1,988m, successfully intersected gold-bearing mineralization in all holes.
Key findings include a broad mineralized sandstone unit discovered in holes GR 25-03 and GR 25-04, spanning a 500m strike length. Notable intersections include 1.0 g/t Au over 13.3m within a broader zone of 0.3 g/t Au over 65.3m in GR 25-03, and 1.0 g/t Au over 5.1m within 0.5 g/t Au over 18.2m in GR 25-04.
The drilling has extended the exploration potential 2,100m southwest of the Mark's Pond mineralization. Following these results, TRU has earned a 51% interest in the Staghorn property, with Quadro retaining 49% in the joint venture.
Quadro Resources (OTC:QDROF) announced that TRU Precious Metals has completed its 51% earn-in at the Staghorn Property in Newfoundland and Labrador, with Quadro maintaining a 49% interest. TRU has opted not to proceed with the Additional Option under their June 2022 agreement.
The companies will now pursue a Joint Venture Agreement (JVA) to govern their respective rights and obligations for the property. Assay results from TRU's 2025 drill program are pending, which will help shape future exploration plans. Quadro is exploring funding options, including flow-through and hard-dollar financings, to support future exploration activities.
Quadro Resources (OTC:QDROF) announced that TRU Precious Metals has exercised its Initial Option on the Staghorn Property in Newfoundland and Labrador, acquiring a 51% undivided interest in the property. This development comes following the satisfaction of requirements outlined in Sections 3.1 and 3.2 of their June 15, 2022 Option Agreement.
TRU now has a 30-day window to decide on exercising the Additional Option, which would grant them an additional 14% interest in the property. Quadro's management expressed satisfaction with TRU's progress at Staghorn and anticipates the next phase of exploration and development.
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