Mosaic Minerals prepares 2,500-meter drill program at Golden Island gold project in Quebec

Bitget2026/09/23 12:06

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Mosaic Minerals closed a first tranche of a private placement, raising $592,031 to advance its Golden Island gold project in Quebec.
Financing included 3,526,190 flow-through units at $0.01, each with a $0.17 warrant exercisable for 12 months.
It also sold 2,609,191 units at $0.09, each with a $0.12 warrant exercisable for 24 months.
Work completed ahead of drilling outlined new gold-bearing zones, visible gold in channel samples, and a 1 km geophysical corridor.
Plans call for a fully funded 2,500-meter, 10-hole drill program targeting historical SOQUEM 1982 holes and new zones.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mosaic Minerals Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609230805NEWSFILECNPR____20260923_315630_1) on September 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Mosaic Minerals prepares 2,500-meter drill program at Golden Island gold project in Quebec

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