en.Wedoany.com Reported - Zodiac Gold Inc. has identified a new high-priority target during exploration in the Ben Ben to Youth Camp area of the Todi Gold Project in Liberia. On May 26, 2026, the company reported significant drilling and trenching results, with trenching delineating a northwest-trending structural zone measuring 700 meters in length and up to 56 meters in width in the Ben Ben North area, which has potential for bidirectional extension.
Notable trenching results include BBT004 intersecting a 56-meter section grading 0.40 g/t gold, including multiple samples with gold grades exceeding 1 g/t (including 1 meter at 1.21 g/t gold, 1 meter at 1.17 g/t gold, 1 meter at 1.09 g/t gold, and 1 meter at 1.01 g/t gold). Other results include: BBT009 intersecting a 54-meter section grading 0.20 g/t gold; BBT010 intersecting a 26-meter section grading 0.28 g/t gold, including 1 meter at 1.59 g/t gold and 6 meters at 0.28 g/t gold; and BBT012 intersecting sections of 21 meters at 0.26 g/t gold and 30 meters at 0.22 g/t gold.
These results from the Ben Ben area enhance the potential of a district-scale gold system distributed along the 16-kilometer Arthington to Youth Camp corridor, now referred to as the Monterra Trend, where 37 of 39 drill holes have intersected gold at the Arthington discovery zone. The continuous mineralized zones encountered higher-grade mineralization at surface, potentially representing the upper expression of a deeper, higher-grade, strongly hydrothermal mineralized system.
The company noted that the newly discovered northwest-trending mineralized zone, with a strike length of 700 meters within the Monterra Trend, consists of south-southwest-dipping weathered amphibolite and gneiss units, reinforcing the interpretation that the Ben Ben North and Ben Ben South areas share the same geological setting as the Arthington discovery zone. These host rocks are considered highly prospective, and deep-seated large-scale shearing within the regional-scale Todi Shear Zone has optimized the interaction of gold-rich fluids with the amphibolite-gneiss suite.
Drilling continues in the Ben Ben South area with a second rig, where wide mineralized zones have also been identified. Zodiac CEO David Kol stated that following the announcement of initial drilling results from the Ben Ben South area, another target with a strike length of 700 meters and width of up to 56 meters was delineated, providing an excellent starting point for drilling in the Ben Ben North area. He noted that the scale and continuity of surface mineralization are particularly encouraging, with these wide mineralized zones indicating the potential of a large hydrothermal system that may represent the upper expression of deeper, higher-grade mineralization.
Kol also pointed out that the consistency of mineralization across multiple trenches and the higher-grade intervals within broader envelopes are increasing the team's confidence that they are defining a significant district-scale gold system. With two rigs currently operating and the potential addition of a third, the 2026 program aims to systematically test the Monterra Trend along the 16-kilometer corridor from Arthington to Youth Camp. Initial drill holes at Ben Ben North are underway, while follow-up drilling continues at Ben Ben South, with auxiliary drone magnetic and LiDAR data refining the positioning of remaining drillable targets.
Zodiac Gold Inc. is a West African gold exploration company focused on the Todi Gold Project in Liberia. As of the morning of May 26, gold prices fell 0.7% to $4,547.10 per ounce, while June gold futures remained unchanged at $4,536.80 per ounce. S&P Global noted in April that gold prices are expected to remain volatile but structurally supported, with central bank demand and geopolitical risks helping to establish a price floor above recent correction lows. On May 7, 2026, Brian Taylor of Recycling Today stated that the World Bank Group forecasts global metal prices to rise by an average of 17% in 2026, marking the first overall market increase since 2022.
On May 20, 2026, technical analyst Stewart Thomson assigned a "Speculative Buy" rating to Zodiac, with a short-term target price of C$0.45, a medium-term target of C$0.75, and a long-term technical target of C$1.00. Thomson noted that early results appear to highlight the project's significant potential. As part of Zodiac's 2026 exploration strategy, 3,600 meters of trenching and 14,000 meters of diamond drilling have been completed to date, targeting the 16-kilometer Monterra Trend from the Arthington discovery zone to Youth Camp.
Drone-based magnetic and LiDAR surveys are advancing to further refine drill targets and support a mineral resource estimate planned for the end of the fourth quarter of 2026. In the second half of 2026, the company will also follow up on soil geochemical programs (10,500 samples) at its Bomi South and Bong West license areas, with mapping, trenching, and drilling as needed. Zodiac Gold Inc. has a market capitalization of C$52.13 million, with 161.63 million shares outstanding and a 52-week price range of C$0.05 to C$0.44. Management and insiders hold 33% of shares, institutions hold 9%, and retail investors hold the remaining 58%.
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