QGold Launches Summer 2026 Exploration at Mine Centre Project
QGold Launches Summer 2026 Exploration at Mine Centre

TORONTO, June 18, 2026 (GLOBE NEWSWIRE) — Q-Gold Resources Ltd. (“QGold” or the “Company”) is pleased to announce the launch of its summer 2026 exploration campaign at its Mine Centre project located in Ontario, Canada. The program is anticipated to include detailed field mapping of auriferous veins, systematic channel sampling and targeted diamond drilling designed to advance and expand QGold’s exploration pipeline.

Exploration Program Details

The field mapping program is designed to identify and prioritize gold-bearing vein systems north and south of the Foley Mine. While certain veins in the area have been previously drill-tested, the majority remain untested. QGold intends to identify, map, clear and subsequently channel-sample these veins to expand its inventory of high-priority exploration targets.

In parallel, the Company will continue to drill-test the strike and dip extensions of auriferous veins in the vicinity of the Foley Mine, where previous exploration has successfully identified gold mineralization. This work is expected to provide a stronger geological framework for follow-up drilling and target ranking across the broader Mine Centre land package.

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Site Visit and Initial Activities

The summer 2026 exploration campaign commenced last week with an initial field review and planning visit by Dr. Andreas Rompel, the chief operating officer and VP exploration of the Company, Jason Arnold, P.Geo. for Mine Centre, and Aaryn Hutchinson of Critical Discoveries. The site visit focused on validating priority areas, refining field protocols and preparing the program for an efficient start to summer exploration activities.

Management Commentary

“We have only scratched the surface of the Mine Centre project,” said Dr. Andy Rompel. “Through detailed field mapping, delineation of new gold-bearing veins and systematic channel sampling, we believe this campaign can generate a significantly expanded pipeline of drill-ready targets. To date, we have focused on only five veins; our objective is to increase that number meaningfully as the program advances.”

Historical Context

Figure 1: Quartz vein exposed at McKenzie Gray. Figure 2: Historical end of mining on the quartz vein at McKenzie Gray due to low gold prices – demonstrating potential upside. Figure 3: Potential veins between Golden Star in the north and McKenzie Gray in the south. These potential veins are the target of this summer’s field mapping and sampling exercise.

Qualified Persons

The scientific and technical information contained in this news release has been reviewed and approved by Dr. Andreas Rompel, Pr.Sci.Nat., Chief Operating Officer, Vice President Exploration and a director of QGold, a “qualified person” within the meaning of National Instrument 43-101 — Standards of Disclosure for Mineral Projects.

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