en.Wedoany.com Reported - Austin Gold Corp. has filed a NI 43-101 technical report for its Stockade Mountain project in Oregon, USA, with an effective date of March 2, 2026, and a release date of June 5, 2026. The report was jointly prepared by Barbara Carroll (CPG, RM) of GeoGRAFX Consulting, LLC and Robert M. Hatch (SME RM) of Volcanic Gold & Silver LLC, both of whom are Qualified Persons as defined by NI 43-101. Barbara Carroll is independent of Austin, while Robert M. Hatch serves as Austin's Vice President of Exploration.
The technical report documents historical geological work in the claim area and exploration activities already conducted by Austin Gold, and recommends further work to search for potential economic mineralization. Stockade Mountain is a classic low-sulfidation hot spring gold-silver exploration project that underwent extensive exploration from the late 1980s to early 1990s, primarily targeting near-surface gold deposits. The last historical drill hole in the area was completed by Placer Dome in 1993, and prior to Austin's 2023-2024 drilling program, no drill holes targeted high-grade veins for underground mining. Austin's initial three drill holes confirmed the strength of the mineralized system, with the strongest intercepts being 8.19 g/t over 4 feet (1.2 meters) and 9.32 g/t over 2.7 feet (0.82 meters). The project area includes approximately 10.5 square miles (27.2 square kilometers) of unpatented mining claims.
Interpretation of 2025 Controlled Source Audio-frequency Magnetotelluric (CSAMT) survey data reveals the complexity of subsurface geology. The gold-bearing stockwork mineralization in the Opal Hill/Number 9 Vein target area is associated with high resistivity anomalies, and other high resistivity anomalies discovered at depth may represent similar mineralized zones hosted by rhyolite domes, constituting new untested drilling targets. The potential for gold-silver mineralization within the project area is considered favorable, warranting further exploration. Robert M. Hatch, as Austin's Qualified Person, has reviewed and approved the scientific and technical information in this news release. Austin Gold is a gold exploration company focused on regional-scale gold discoveries in the southwestern United States.
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