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Canadian Goldcamps Corp (2)
Symbol CAMP
Shares Issued 24,520,605
Close 2026-07-28 C$ 0.10
Market Cap C$ 2,452,061
Recent Sedar+ Documents

Canadian Goldcamps completes 43-101 report for Mercator

2026-07-28 18:27 ET - News Release

Mr. George Yordanov reports

CANADIAN GOLDCAMPS COMPLETES INDEPENDENT NI 43-101 TECHNICAL REPORT FOR THE MERCATOR GOLD PROJECT

Canadian Goldcamps Corp. has completed the independent National Instrument 43-101 (Standards of Disclosure for Mineral Projects) technical report for its flagship Mercator gold and critical mineral project in the Caniapiscau district of northeastern Quebec.

The completion of the technical report represents a significant corporate milestone. Following the company's option agreement on the Mercator gold project, preparation of an independent NI 43-101 technical report became a regulatory requirement as Mercator became the company's main mineral project. With this obligation fulfilled, Canadian Goldcamps has reached an important milestone in its corporate development plan and is positioned to accelerate the execution of its broader growth strategy, including strategic financings, the acquisition of additional mineral projects and the continued expansion of its exploration portfolio.

Technical highlights

  • Independent NI 43-101 technical report completed for the Mercator gold project;
  • 574 mineral claims covering approximately 292.08 square kilometres in northeastern Quebec;
  • Independent qualified persons conclude Mercator is a property of merit warranting continued exploration;
  • Historical work includes airborne and ground geophysics, geological mapping, extensive surface sampling, till geochemistry, and 1,937 metres of diamond drilling;
  • Report recommends a phased advancement strategy culminating in a 5,000-metre drill program.

The report independently concludes that Mercator is an early-stage gold project with compelling exploration potential. Gold mineralization is associated with sulphide-bearing banded iron formations, and multiple prospective zones remain open for expansion. The authors recommend a systematic exploration approach integrating geological modelling, target generation, field validation and drilling to define the continuity and scale of the mineralized system.

George Yordanov, chief executive officer of Canadian Goldcamps, stated: "The completion of this independent technical report is a defining milestone for Canadian Goldcamps. Beyond satisfying an important regulatory requirement, it establishes the technical foundation for the next stage of the company's evolution. We can now accelerate the execution of our corporate development plan, pursue strategic financing opportunities, evaluate additional high-quality mineral project acquisitions and continue advancing Mercator with the confidence that comes from an independent technical assessment of the project."

The technical report was prepared by Marty G. Henning, PGeo, an independent qualified person as defined by National Instrument 43-101, together with Michel Boily, PhD, PGeo. Their work provides an independent assessment of the geological setting, historical exploration results, exploration potential and recommended work programs for the Mercator gold project.

The completed independent NI 43-101 technical report is currently being prepared for filing and will be filed under the company's profile on SEDAR+ in accordance with applicable securities regulations. Following the filing, the report will also be available on the company's website.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Mr. Henning, PGeo, an independent qualified person as defined by NI 43-101 (Standards of Disclosure for Mineral Projects).

About Canadian Goldcamps Corp.

Canadian Goldcamps is a Vancouver-based mineral exploration company focused on the discovery and advancement of gold and critical metal projects in the province of Quebec. The company's flagship asset is the Mercator gold project, a 113-claim, 58.6-square-kilometre property in the Caniapiscau district of northeastern Quebec, optioned from Stelmine Canada Ltee. Mercator hosts a confirmed, stratiform high-grade gold system within granulite-facies silicate-sulphide banded iron formations along a 1.7-kilometre mineralized corridor. The company is also assembling a strategic position in critical metals -- including rhenium and nickel-copper-platinum group elements -- across multiple underexplored districts of Quebec.

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