en.Wedoany.com Reported - Zodiac Gold Inc. (ZAU:TSX.V; ZAU:XFRA; ZAUIF:OTCQB) is advancing its flagship gold project in Liberia, with a new diamond drilling campaign aimed at expanding known mineralization along strike and at depth. The company operates the Todi Gold Project within the Todi Shear Zone, a major geological structure hosting multiple gold targets along a 16-kilometer corridor known as the Monterra Trend. This district-scale land package allows Zodiac to tap into a continuous mineralized system, with early drilling yielding high-grade intercepts, including an 18.00-meter interval grading 4.67 g/t gold, containing a 1.00-meter sub-interval grading 55.90 g/t gold.
Liberia offers a stable political environment, a favorable mining regulatory framework, and fast permitting processes. Zodiac leverages these advantages to build a portfolio that includes the Arthington discovery, as well as targets at Ben Ben and along the broader Monterra Trend. The company is executing a multi-pronged 2026 plan combining drilling, trenching, and geophysical surveys to unlock value across multiple prospects simultaneously.
To date, 37 of 39 drilled holes at Arthington have returned significant gold intercepts, indicating strong mineralization continuity. The current drilling program will test over 3 kilometers of under-explored strike length west of the discovery zone. Technical analyst Stewart Thomson has assigned a "Speculative Buy" rating with a long-term price target of up to C$1.00. Management and insiders hold 33% of shares, aligning their interests with retail investors. In terms of gold prices, supported by central bank purchases and geopolitical factors, gold has rebounded from recent lows to over $4,000 per ounce. A planned mineral resource estimate will provide a formal valuation benchmark for the project upon completion of drilling.
On June 25, 2026, the company announced the deployment of a diamond drill rig at its flagship Arthington discovery. The campaign aims to extend high-grade intervals down-dip while advancing along strike into previously under-tested areas. Past results have demonstrated strong near-surface mineralization, such as 9.65 meters grading 7.50 g/t gold (including 3.00 meters grading 20.36 g/t gold) and 25.90 meters grading 2.10 g/t gold (including 9.14 meters grading 4.20 g/t gold). These intercepts showcase both grade and thickness, supporting future resource growth. The Arthington Trend lies within a 4-kilometer-long gold-in-soil anomaly. Soil sampling is a common early-stage exploration tool that measures gold content in surface soils to identify concealed bedrock mineralization. Zodiac plans to use systematic drilling to prove the full extent of the anomaly while testing down-dip zones that remain open at depth.
Zodiac's full-year program includes 3,600 meters of trenching and 14,000 meters of diamond drilling, to be completed across the entire 16-kilometer Monterra Trend from Arthington to Youth Camp. A drone-based magnetic and LiDAR survey is also underway. LiDAR uses laser pulses to create high-resolution topographic maps, helping geologists identify structural controls on gold mineralization. These tools will refine future drill targets and support the upcoming Mineral Resource Estimate (MRE), an independently calculated metal content that investors commonly use to compare projects. In the second half of 2026, additional work is planned at the Bomi South and Bong West license areas, where a 10,500-sample soil geochemical program has been completed. Follow-up mapping, trenching, or drilling will depend on the results of this program.
After gold prices reached record levels above $5,000 per ounce in early 2026, they retreated but have since recovered to $4,032.74 per ounce as of June 25. Anjana Anil of Reuters noted that the market still sees an 80% probability of a December rate hike, with volatility remaining high. S&P Global wrote that central bank demand and geopolitical risks should structurally support prices above recent lows. According to Brian Taylor of Recycling Today, the World Bank forecasts a 17% increase in global metal prices overall in 2026.
On May 20, 2026, technical analyst Stewart Thomson assigned Zodiac a "Speculative Buy" rating with a short-term price target of C$0.45, a medium-term target of C$0.75, and a long-term technical target of C$1.00. Thomson emphasized that early results indicate significant project potential.
Zodiac Gold Inc. has a market capitalization of C$60 million based on 181.87 million shares outstanding. The 52-week trading range is C$0.05 to C$0.44. Insiders and management hold 33% of shares, institutions hold 9%, and retail investors hold the remaining 58%.
