ExGen Resources Announces Significant Exploration Results from Southmore Project in Golden Triangle
ExGen Resources Inc., a mineral exploration company trading on the TSX Venture Exchange under the symbol EXG and on the OTC as BXXRF, has released promising findings from its 2025 exploration activities on the Southmore Property. This strategically located project is situated in Northwest British Columbia's renowned Golden Triangle region, an area celebrated for its rich mineral deposits and mining history.
Detailed Exploration Program Yields High-Grade Mineralization
The comprehensive 2025 exploration initiative built upon previous work through systematic sampling and advanced geophysical surveys. These efforts have provided substantial validation for a previously identified mineralized zone that had demonstrated exceptional gold and copper grades in surface samples. The recent program delivered particularly impressive results, including a sample containing 32.9 grams per tonne of gold, highlighting the property's significant potential.
Historical context reveals that SkyTEM Surveys conducted an airborne magnetic and electromagnetic survey over the western portion of the Southmore project in 2021. Building on this foundation, Dias Geophysics executed a sophisticated 3D DC-Resistivity and Induced Polarization (DCIP) Survey in October 2025. This survey focused on a SkyTEM high conductivity anomaly adjacent to an area of high magnetic susceptibility in the property's northwestern section.
Confirmation of Historic Mineralization and New Discoveries
The surveyed anomaly lies near the historic Horizon skarn showing, which reportedly contained a channel sample of 18.7 grams per tonne gold and 0.52% copper over 3 metres according to a 2004 internal report from Roca Mines Inc. The 2025 chip sampling program successfully confirmed this gold and copper mineralization, returning results of 32.9 grams per tonne gold and 1.26% copper over 1 metre within a broader interval of 17.8 grams per tonne gold and 0.93% copper over 2 metres.
Further exploration revealed additional promising mineralization approximately 475 metres west of the main zone, where a grab sample assayed 21.6 grams per tonne gold. These consistent high-grade results across multiple locations strengthen the case for the property's mineral endowment.
Advanced Geophysical Analysis Reveals Substantial Subsurface Anomaly
The DCIP survey proved remarkably effective in delineating a substantial subsurface anomaly characterized by high chargeability and conductivity alongside low resistivity. This anomaly appears to extend upward toward the surface near the original Horizon skarn discovery site. Analysis suggests that drilling conducted by Roca Mines in 2005, which targeted the Horizon skarn, may have missed this shallow chargeability anomaly and failed to intersect the much larger, deeper anomaly now identified.
The geological characteristics observed—including skarn mineralization and correlations between copper, gold, bismuth, and tellurium—point toward a possible telescoping porphyry system with distal skarn and epithermal mineralization. The 3D DCIP chargeability anomaly demonstrates a compelling geometry: it appears significantly larger at depth and narrows toward the surface. This configuration suggests a structural component emanating from a more substantial body at depth, potentially indicating a much larger skarn or porphyry system than previously recognized.
Forward-Looking Recommendations and Next Steps
Based on these encouraging results, ExGen Resources has outlined specific recommendations for continued exploration. The company proposes extending the 3D DC-Resistivity and Induced Polarization Survey to better define and constrain the identified high-priority chargeability, conductivity, and resistivity anomaly relative to the Horizon zone. This expanded survey work would provide more detailed three-dimensional understanding of the mineralized system, guiding future drilling campaigns and resource estimation efforts.
The Southmore Project's location within British Columbia's Golden Triangle—a region with established mining infrastructure and favorable geology—adds considerable strategic value to these exploration results. As ExGen Resources continues to advance its understanding of this property, these findings represent a significant step toward potentially defining a substantial mineral resource in one of Canada's most prospective mining districts.