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 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.
Quartz Mountain Resources (OTCQB:QZMRF) has provided an update on its Phase 3 diamond drilling program at the Prodigy gold and silver discovery within its Maestro Property in British Columbia. The company has completed 2,476 meters of drilling in 5 core holes, with two additional holes planned to reach approximately 3,700 meters total.
The company has $3,000,000 in funding and has contracted Dr. Farhad Bouzari, an economic geologist from the University of British Columbia, to conduct detailed scientific studies. Previous drilling phases have revealed significant gold and silver mineralization across multiple zones, extending laterally for 325 meters and to depths of over 650 meters.
Results from all seven Phase 3 drill holes are expected in mid-September 2025, with 694 split core samples already sent for analysis. The project shows potential for both high-grade vein and bulk tonnage style precious metal deposits.
Quartz Mountain Resources (OTC:QZMRF) announced significant results from its Phase Two drilling program at the Prodigy gold-silver discovery on the Maestro Property in British Columbia. The four core holes (PR25-03 through PR25-06) revealed broad intervals of precious and base metals mineralization from shallow depths.
Key highlights include hole PR23-02 intersecting 435.0m at 1.22 g/t AuEQ, including 102.0m at 3.80 g/t AuEQ. The Prodigy Au-Ag system remains open in all directions, with mineralization extending laterally for approximately 325 meters and to vertical depths over 650 meters. The company has $3.6 million in funds and is preparing to commence Phase Three drilling to continue systematic delineation of the discovery.
Quartz Mountain Resources (TSXV:QZM/OTC:QZMRF) has initiated diamond drilling at its Prodigy gold and silver discovery on the Maestro Property in British Columbia, located 45km south of Smithers. The property benefits from year-round road access and nearby infrastructure.
Previous drilling results from 2024 revealed significant intersections including 102 meters grading 2.22 g/t gold with 104 g/t silver and 36 meters of 5.73 g/t gold with 87 g/t silver. The company recently secured $4.2 million through a private placement to fund the delineation drilling program.
The Maestro Property encompasses the Lone Pine molybdenum deposit and potentially related epithermal precious metals systems. Initial scout holes combined with historical drilling have identified both high-grade Au-Ag lode and veins within an extensive epithermal system, suggesting potential for bulk tonnage and high-grade mineralization.
Quartz Mountain Resources (QZMRF) has successfully raised $4.2 million through a private placement of 10 million units at $0.42 per unit. Each unit includes one common share and half a warrant, with warrants exercisable at $0.60 per share for one year.
Of the total units, 1.7 million were flow-through units issued to Chairman Robert Dickinson and associates, while 8.3 million units went to other investors, including 2.4 million to insider The Sutton Group Inc. The financing includes an accelerated exercise provision if shares trade at $1.00 or higher for 10 consecutive days.
The company will use flow-through proceeds specifically for drilling at the Maestro gold-silver-copper project in British Columbia. Previous drilling results from 2024 showed significant findings, including 102 meters grading 2.22 g/t Au with 104 g/t Ag and 36 meters of 5.73 g/t Au with 87 g/t Ag. The project shows potential for multiple deposit targets due to overlapping gold, silver, molybdenum, and copper mineralization.