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Quartz Mountain Resources Ltd. reports mineral exploration developments for its British Columbia project portfolio, led by the Maestro Project near Houston and the Prodigy gold-silver discovery. Company updates commonly cover diamond drilling, assay results, delineation work, and geological studies across epithermal gold-silver, porphyry gold, and copper-molybdenum mineralization.
News about QZMRF also includes capital-markets and project-positioning items, such as warrant exercises tied to private placements, U.S. OTC market status, and updates on the Jake Project north of Smithers. The company’s common shares trade on the OTCQX under QZMRF and on the TSX Venture Exchange under QZM.
Quartz (OTCQX:QZMRF) completed its Phase 4 core drilling program at the 100%-owned Maestro gold-silver project in British Columbia, totalling 4,366 meters in 8 holes, with assays pending. Total drilling at the Prodigy discovery now reaches 12,951 meters across 21 holes.
Quartz reports a $2.9 million treasury, a new BC drill permit for 37 additional sites, and plans a Phase 5 program later in 2026 focused on Prodigy’s integrated epithermal and porphyry mineral systems.
Quartz Mountain (OTCQX:QZMRF) reported that 96% of warrants from its March 19, 2025 private placement were exercised ahead of the March 18, 2026 expiry, raising approximately C$2.88 million. The company now holds working capital of ~C$3.8 million to fund exploration.
Phase 4 diamond drilling at the Prodigy area of the Maestro Project has completed six holes (~3,000 metres) with one drill rig; drilling will continue through spring breakup and possibly to the end of June if access permits. Assay results will be released after lab processing.
Quartz Mountain Resources (OTCQX:QZMRF) reported results from a deep induced polarization (IP) survey at the Maestro property, British Columbia, that outlined a large sulphide system and refined the position of the Prodigy gold-silver discovery.
The IP data mapped a donut-shaped sulphide system ~2.1 km north-south by 1.4 km east-west (≈3 km2), showing a 400 m by 800 m low-to-moderate chargeability core with an >200 m high-chargeability halo. The Prodigy zone is located adjacent to the core on the high-chargeability margin. The company said the survey materially improves drill targeting and that a fully funded drill program is scheduled to mobilize on February 3, 2026.
Quartz Mountain Resources (OTCQX:QZMRF) will exhibit core from its Maestro Project at AME Roundup 2026 in Vancouver (Jan 26–29), showcasing the Prodigy discovery.
Prodigy drilling (Phases 1–3) totals 8,346 metres across 13 holes and has intersected three integrated mineralization types: epithermal Au-Ag, a newly discovered gold-rich porphyry (final hole PR25-13), and porphyry Cu-Mo. Quartz plans to mobilize Phase 4 drilling in early February 2026 to continue delineation.
Quartz Mountain (OTCQX:QZMRF, TSXV:QZM) agreed to buy an additional mineral claim from Wild West Gold to expand its 100%‑owned Maestro Project in central British Columbia to 2,422 hectares. The acquired claim is ~113 hectares immediately east of current claims and protects a newly identified multi‑element soil geochemical anomaly. Recent drilling has completed 8,346 metres in 13 holes at Maestro, delineating the Prodigy Au‑Ag‑Mo‑Cu discovery, and Quartz says a fully funded Phase 4 drill program is planned to mobilize in early February 2026. Consideration for the claim is 25,000 Quartz shares, and the purchase is subject to TSX‑V approval and customary conditions.
Quartz Mountain Resources (TSXV:QZM; OTCQX:QZMRF) announced its common shares have been uplisted from the OTCQB to the OTCQX Best Market effective December 19, 2025, improving U.S. market accessibility and liquidity for shareholders. The company will maintain its primary TSX Venture listing under QZM. Quartz reported sequential drill results at its Maestro property, with Prodigy drilling totaling 8,346 meters across 13 holes, and is funded to mobilize Phase 4 drilling in 2026. Quartz plans enhanced U.S. investor outreach in 2026 and directs U.S. investors to otcmarkets.com for disclosure and Level 2 quotes.
Quartz Mountain Resources (OTC:QZMRF) completed a detailed 4.3 km2 induced polarization (IP) survey over key parts of its Maestro property on December 18, 2025. The survey targets sulphide systems from near surface to ~500 m depth associated with mineralization in and around the Prodigy gold-silver zone and other large targets outboard of the Lone Pine molybdenum deposit. Data processing and analysis are underway and results will be integrated into Quartz's sequential drill programs planned for 2026. The company highlights epithermal Au-Ag-Mo-Cu, porphyry Au, and porphyry Mo-Cu mineralization styles at Prodigy.
Quartz Mountain Resources (OTC: QZMRF) reported Phase 3 drilling at the Maestro Prodigy target (July–Aug 2025), completing seven holes (3,885 m) and bringing total Prodigy drilling to 8,346 m across 13 holes. Hole PR25-13 intersected 123 m @ 0.79 g/t AuEQ from 122 m and 315 m @ 0.73 g/t AuEQ from 369.8 m, including higher-grade subintervals. Results show three integrated mineralization types (porphyry Au, porphyry Mo-Cu, epithermal Au-Ag-Mo-Cu). Re-Os dating returned ~67 Ma ages for porphyry and epithermal stages. Company plans Phase 4 drilling in early February 2026 and reports a treasury of $2.6M.
Quartz Mountain Resources (OTC:QZMRF) reported Phase 3 drill results from the Maestro Prodigy discovery, Nov 3, 2025. Seven holes (3,885 m) completed in Jun–Aug 2025; total Prodigy drilling to date is 13 holes and 8,346 m.
Highlight hole PR25-13 intercepted 123 m @ 0.79 g/t AuEQ from 122 m and 315 m @ 0.73 g/t AuEQ from 369 m (includes higher-grade subintervals). Company reports integrated porphyry‑to‑epithermal Au-Ag-Mo-Cu system, Re-Os ages ~67.1–67.8 Ma, planned Phase 4 drilling in Feb 2026, and a treasury of $2.6M.
Quartz Mountain Resources (TSXV:QZM; OTCQB:QZMRF) has successfully uplisted from the OTC Pink market to the OTCQB Venture Market in the United States. The company will maintain its primary listing on the TSX Venture Exchange under QZM while trading on the OTCQB under QZMRF.
The uplisting aims to enhance liquidity and visibility for U.S. investors, providing access to the world's largest pool of equity capital. Simultaneously, Quartz reports progress on its Phase 3 diamond drilling program at the Prodigy gold-silver discovery in British Columbia, with 2,500 metres completed across five core holes out of a planned seven-hole program totaling approximately 3,700 metres.