Highlights

  • Best hole AS-26-827 returns 50 metres at 2.03 g/t gold from 160.5 metres, including 10 metres at 8.28 g/t from 195 metres — the highest-grade interval reported at Astoria.
  • Hole AS-26-825 returns 10 metres at 1.86 g/t gold in sedimentary rock at a lower structural position, suggesting a second mineralised domain below the main zone.
  • Current resource 15.8 million tonnes at 3.28 g/t for 1.666 million ounces (976,000 oz Indicated + 691,000 oz Inferred); resource update by Measured Group due Q1 2027.
  • 14 holes totalling 6,682 metres remain awaiting assay; true widths not established and no top cuts applied.

Lac Gold's Rouyn Gold Project in Quebec keeps returning wide, high-grade intercepts — and the system appears to be getting better with depth. The company's 28 October 2026 quarterly report includes diamond drill results from the Astoria deposit that include the highest-grade interval yet reported at the project, sitting within a broad 50-metre mineralised envelope.

Best Hole: AS-26-827

Hole AS-26-827 at Astoria returned 50 metres at 2.03 g/t gold from 160.5 metres, within which a higher-grade core of 10 metres at 8.28 g/t was intersected from 195 metres, including 4 metres at 15.80 g/t from 200 metres. Lac Gold describes AS-26-827 as the highest-grade result yet delivered at Astoria. No true widths have been established, so all widths are reported as downhole lengths. No top cuts have been applied to the reported figures, which means individual assays are not capped — a note for readers comparing these grades with capped resource estimates.

A Second Domain at Depth

Hole AS-26-825, drilled at a different orientation, returned 10 metres at 1.86 g/t gold from an interpreted sedimentary rock package at a lower structural level than the main volcanogenic zone. The company flagged this as potentially indicative of a second mineralised domain — a structural or lithological horizon beneath the main Astoria resource zone. If confirmed by follow-up drilling, a second domain would add prospectivity below the existing resource envelope rather than simply extending it laterally.

The Existing Resource and Q1 2027 Update

The current Rouyn Gold Project resource is 15.8 million tonnes at 3.28 g/t gold for 1.666 million ounces, of which 976,000 ounces sit in the Indicated category and 691,000 ounces in Inferred. The resource was prepared by Measured Group. An updated resource incorporating the 2026 drilling campaign is targeted for the first quarter of 2027. As of the quarterly report, 14 holes totalling 6,682 metres are still awaiting assay from the current campaign — results that will feed directly into the resource update.