Curated News
By: NewsRamp Editorial Staff
October 19, 2026
Loyalist Exploration Releases Grade-Tonnage Sensitivity for Tully Gold Project
TLDR
- Loyalist Exploration disclosed grade-tonnage sensitivity for its Tully Gold Project, showing a robust higher-grade core that could enhance project economics and give a competitive edge.
- The sensitivity analysis, based on a 1.1 g/t Au cut-off and 1.25 m minimum mining width, shows how the underground resource responds to higher cut-off grades from 1.0 to 3.0 g/t Au.
- Loyalist Exploration's Tully Gold Project sensitivity data supports responsible resource development in Timmins, potentially creating economic opportunities and community benefits through optimized mining.
- Loyalist Exploration's Tully Gold Project hosts an Indicated Resource of 1.62 million tonnes at 3.16 g/t Au for 164,000 ounces, with a higher-grade core persisting at elevated cut-offs.
Impact - Why it Matters
The release of grade-tonnage sensitivity data marks a crucial step for Loyalist Exploration as it moves toward completing a Preliminary Economic Assessment on the Tully Gold Project. For investors and stakeholders, this information provides greater transparency into how the resource performs under different mining scenarios, particularly at higher cut-off grades, which could significantly affect project economics. The presence of a robust higher-grade core suggests potential for improved profitability and operational flexibility, making Tully a more attractive asset in the prolific Timmins Gold Camp. As the PEA progresses, these insights will help optimize mining plans and could accelerate development timelines, ultimately enhancing shareholder value and reinforcing the company's position in a tier-one mining jurisdiction.
Summary
Loyalist Exploration Limited (CSE: PNGC) has released additional grade-tonnage sensitivity data for the 2026 Mineral Resource Estimate (MRE) on its 100%-owned Tully Gold Project in the Timmins Gold Camp of northeastern Ontario. The sensitivity analysis, derived from the independent Technical Report prepared by P&E Mining Consultants Inc. with an effective date of June 15, 2026, and filed on SEDAR+ on August 21, 2026, examines how the underground resource responds to varying cut-off grades within stope shapes generated at a base-case 1.1 g/t Au cut-off and 1.25-metre minimum mining width. The data will inform the ongoing Preliminary Economic Assessment (PEA), also being prepared by P&E, which will evaluate potential underground mining scenarios and the impact of different cut-off grades and mining constraints on recoverable material.
According to the news release, the sensitivity table reports the underground Mineral Resource Estimate constrained by a 1.1 g/t Au cut-off and 1.25-metre minimum mining width stopes, presented for illustrative purposes only. The base-case MRE, at a 1.1 g/t Au cut-off without the additional stope-width constraint, consists of an Indicated Mineral Resource of 1.62 million tonnes grading 3.16 g/t Au containing 164,000 ounces of gold, and an Inferred Mineral Resource of 0.95 million tonnes grading 2.03 g/t Au containing 62,000 ounces of gold. The company emphasized that the sensitivity data highlights a higher-grade core that remains robust even at elevated cut-offs, which will help evaluate different underground mining scenarios and optimize the PEA approach.
Errol Farr, President and CEO of Loyalist, stated that the grade-tonnage sensitivity data provides important additional insight as the company advances the PEA on Tully and illustrates how the resource responds to higher cut-off grades. The scientific and technical information was reviewed and approved by Curtis Ferron, P.Geo., and Eugene Puritch, P.Eng., both independent Qualified Persons under NI 43-101. The company continues to view Tully as a high-quality asset in the Timmins camp with a solid resource base and clear development potential. For further information, visit the Company's website at www.loyalistexploration.com. The original release is available on www.newmediawire.com.
Source Statement
This curated news summary relied on content distributed by NewMediaWire. Read the original source here, Loyalist Exploration Releases Grade-Tonnage Sensitivity for Tully Gold Project
