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Pirate Gold (YARRF) reported new drilling results from the Moby Dick copper-gold discovery and the Western EM anomaly at the 100%-owned Treasure Island Project in Central Newfoundland.
Flagship hole PGC-26-118, collared ~100m west of earlier discovery holes, intersected 0.24% Cu Eq over 299.4m from 12.6m to 312.0m, including 0.43% Cu Eq over 56.5m, with a higher-grade core of 0.52% Cu Eq over 35.6m and a separate interval of 0.43% Cu Eq over 19.8m. Below a mafic dyke, the same hole returned 0.23% Cu Eq over 72.7m, including 0.33% Cu Eq over 37.0m, showing mineralization from bedrock surface to nearly 500m downhole.
At the Western EM anomaly, first test hole PGC-26-074A cut 0.07% Cu Eq over 321.2m from 17.0m, with several narrow intervals up to 0.92% Cu Eq over 0.7m. Hole PGC-26-088 at Moby Dick East returned near-surface 0.18% Cu Eq over 20.0m and zinc intervals up to 1.26% Zn over 21.6m. Drilling has traced the Moby Dick alteration system over ~4,000m strike, up to 850m wide and 500m deep. Assays are pending from 11 additional holes, barge drilling is planned beneath Crippleback Lake in September 2026, and a 4,345 line-km airborne Mobile MT survey began on August 30, 2026.
Pirate Gold (TSXV:YARR, OTCQB:YARRF) reported new exploration results from the Moosehead zone at its 100%-owned Treasure Island Project in central Newfoundland. Shallow drilling at the Eastern Trend returned 30.6 g/t Au over 1.35 m, including 89.7 g/t Au over 0.40 m in hole PGC-26-112. At the Western Trend, hole PGC-26-087 intersected 4.25 g/t Au over 6.65 m, including 40.8 g/t Au over 0.50 m, extending high-grade mineralization down plunge. The Rib Vein, which links the Eastern and Western Trends, has now been traced over 200 m of strike and to 90 m depth, with intercepts such as 1.29 g/t Au over 4.25 m and 6.15 g/t Au over 0.55 m.
Pirate Gold also identified a new parallel structure, the Caribou Fault, about 150 m west of the Western Trend. Nineteen shallow holes tested 400 m of strike, with eight holes returning significant gold, including 2.88 g/t Au over 2.45 m. Separately, the company engaged ICP Securities to provide automated market making services for a monthly fee of C$7,500.
Pirate Gold (TSXV:YARR, OTCQB:YARRF) appointed veteran geologist Dr. Rael Lipson as Strategic Advisor. Lipson brings over 50 years of global exploration and mine experience, including serving as Chief Geologist for Gold Fields, and will support advancement of the district-scale Treasure Island Project in Central Newfoundland.
Pirate Gold also terminated its $160,000 advertising agreement with Allan Barry Laboucan’s Rocks and Stocks News after the TSX Venture Exchange categorized the arrangement as promotional and required company monitoring and approval of related content, a condition both parties viewed as too onerous.
Pirate Gold (TSXV:YARR, OTCQB:YARRF) reported new field exploration results from the Crippleback Intrusive Suite at its 100%-owned Treasure Island Project in central Newfoundland. At the Clipper Brook target, a broad low electromagnetic resistivity corridor extends over 10 km, with widths of 500–1,500 m.
Within this zone, portable spectral analysis has identified widespread alunite and pyrophyllite alteration across more than 3 km, interpreted as an advanced argillic lithocap potentially related to a copper-gold porphyry/epithermal system. The EM and alteration signatures are compared to the nearby Moby Dick zone, where drilling has outlined a 3,100 m by 850 m advanced argillic system to 500 m depth and previous hole PGC-26-068 intersected 0.54% Cu Eq over 180.8 m, including 1.48% Cu Eq over 49.4 m. Pirate Gold has received drill permits for Clipper Brook and is planning initial drilling.
Pirate Gold (TSXV:YARR, OTCQB:YARRF) reported initial visual drill observations from the Scurvy Fault, 1.5 km south of its Moby Dick copper-gold porphyry/epithermal zone at the 100%-owned Treasure Island Project in Central Newfoundland. Thirteen holes have tested about 200 m of strike, outlining a graphitic, brittle-ductile fault zone with multi-metre quartz veining and sulphide mineralization (pyrite, arsenopyrite, locally chalcopyrite and boulangerite). The Scurvy Fault is linked to a graphitic sedimentary horizon interpreted to extend at least 15 km across the 200 km² Crippleback Intrusive Suite, where more than 100 km of secondary faults remain untested. A 50,000 m program is underway with three rigs at Crippleback and a barge-mounted fourth rig expected in early Q3 2026. Pirate Gold also agreed to acquire eight mineral licences for a total of $50,000 cash, 450,000 shares and NSR royalties, subject to TSXV approval. Visual observations are not indicative of grade; assays are pending.
Pirate Gold (OTCQB:YARRF) reported visual results from step-out drilling at its Moby Dick copper-gold discovery in the Treasure Island project, Newfoundland. Two drill rigs are active within a 50,000 m program.
Step-out holes PGC-26-118 (100 m west) and PGC-26-120 (1,700 m east) of PGC-26-068 show broad intervals of pyrite and visible chalcopyrite across an interpreted 1.8 km trend within a 3,100 m by 850 m alteration zone to at least 500 m depth. Assays are pending and visual mineralization may not reflect copper or gold grades.
Pirate Gold (OTCQB:YARRF) reported new drill results from the Moby Dick alteration zone at the Treasure Island project in Newfoundland.
Highlights include 0.54% Cu Eq over 180.8m, including 1.48% Cu Eq over 49.4m, within a 3,100m x 850m x 500m copper-gold system and acquisition of 12 nearby mineral licences.
Pirate Gold (OTCQB:YARRF, TSXV:YARR) reported expansionary drilling results from the Moosehead zone at its Treasure Island gold project in central Newfoundland.
The Rib Vein is now tested over 150m strike and 90m depth with high-grade hits up to 6.97g/t Au over 5.35m, including 69.1g/t over 0.45m.
A regional discovery 500m southwest of Moosehead has been extended to 200m strike, while deep drilling on the Western Trend intersected 21.4g/t Au over 2.20m, including 91.1g/t over 0.50m at 140m depth. Multiple Moosehead areas remain open for further drilling.
Pirate Gold (OTCQB:YARRF, TSXV:YARR) announced a change of its OTCQB trading symbol to YARRF, effective at the open on May 11, 2026. Shares will continue trading on the TSX Venture Exchange as YARR.
The change aligns U.S. and Canadian tickers with corporate branding to enhance recognition. No shareholder action is required. Pirate Gold is advancing district-scale gold exploration at its Treasure Island project in central Newfoundland, including a fully funded 50,000 metre drill program across the Moosehead and Crippleback discoveries.