Welcome to our dedicated page for Q Gold Resources news (Ticker: QGLDF), a resource for investors and traders seeking the latest updates and insights on Q Gold Resources stock.
Q-Gold Resources Ltd. (QGLDF) is a Canadian-based mineral exploration company focused on high-grade gold and silver targets in the basic materials sector. Its news flow reflects activities at its core exploration assets, including the Mine Centre project in Ontario and the advanced-stage Quartz Mountain Project in south-central Oregon, which Q-Gold has agreed to acquire indirectly through a share exchange with Alamos Gold Inc.
On this page, readers can follow corporate announcements such as definitive agreements, acquisition terms, and updates on financings related to project development. Q-Gold’s news also covers exploration plans and permitting steps, for example its engagement with the Nigigoonsiminikaaning First Nation and its intention to apply for permits to drill diamond drill holes around the historical Foley Gold Mine at Mine Centre.
Because Q-Gold operates in the mineral exploration stage, its updates often highlight project-level technical information, including historical drilling totals, mineral resource figures reported by counterparties like Alamos Gold for Quartz Mountain, and descriptions of key targets such as the Crone Hill and Quartz Butte deposits or the McKenzie Gray, Golden Star, Manhattan, and Fergus vein systems.
Investors and followers of QGLDF can use this news feed to track how the company advances its projects through agreements, permitting milestones, and exploration programs over time. For those monitoring early- and advanced-stage gold exploration companies, bookmarking this page provides a centralized view of Q-Gold’s latest disclosures and project-related developments as they are released.
Q-Gold Resources (TSXV: QGR, OTC: QGLDF) has signed a definitive agreement to acquire the Quartz Mountain Advanced Gold Project in Oregon from Alamos Gold through a share exchange agreement dated March 31, 2025. The project includes 244 mineral claims across ~2,000 hectares with significant historical drilling of over 100,000 metres.
The project contains 0.34Moz in measured and indicated mineral resources and 1.15Moz in inferred mineral resources, with approximately 45% in oxide and transition ore. The acquisition terms include initial cash payment of US$2.85M, shares representing 9.99% of Q-Gold, and various milestone payments totaling US$18.15M payable in cash or shares.
The deal structure includes potential NSR royalty arrangements and requires completion of a minimum $5M financing. The project complements Q-Gold's Mine Centre historical Foley Mine in Northern Ontario, where the company is seeking approvals for re-drilling.