Caprock Mining Corp. (CSE: CAPR) has released its 2026 operational highlights and a detailed update on planned work at its flagship Destiny gold property near Val d'Or, Quebec. The company completed a two-phased deep drill program that intersected high-grade gold mineralization, strengthened its board of directors, and has now secured all permits required for a 2027 winter drilling campaign aimed at expanding its existing mineral resource. Investors in the junior gold exploration sector may be watching how the forthcoming assay results and resource expansion plans shape the project's development trajectory.

Key Points

  • Caprock Mining Corp. (CSE: CAPR) operates the Destiny gold property, a 5,013-hectare project in the Abitibi greenstone belt near Val d'Or, Quebec.
  • The 2026 two-phased deep drill program returned notable intersections including 38.48 g/t Au over 1.6 metres within a broader 2.84 g/t Au interval over 23.2 metres in hole DES-26-183.
  • An initial shallow drill program of approximately 1,007 metres across three holes has been completed, with assay results pending publication in the coming weeks.
  • All permits for the 2027 winter drill program are secured, with an updated Mineral Resource Estimate targeted for spring 2027.

Deep Drill Results Confirm High-Grade Gold at Destiny

Caprock's 2026 two-phased deep drill program delivered several notable intercepts at the Destiny property. Drill hole DES-26-183 returned 2.84 g/t Au over 23.2 metres, including a higher-grade interval of 38.48 g/t Au over 1.6 metres. Hole DES-26-182 intersected 5.18 g/t Au over 1.5 metres, while DES-26-184 returned 4.58 g/t Au over 2.5 metres and 2.68 g/t Au over 3.9 metres. The release states these results support management's view of the project's potential, reinforcing Caprock's exploration thesis at Destiny within the prolific Abitibi gold district.

Shallow Drill Program Targets Gap in Open-Pit Resource at Destiny

Separate from the deep drill campaign, Caprock recently completed an initial shallow drill program consisting of three NQ-sized diamond drill holes totalling approximately 1,007 metres. The company states all three holes were designed to fill a drilling gap within the open-pit constrained Mineral Resource Estimate at Destiny. Assay results for these holes are pending and are expected to be published in the coming weeks. Destiny currently hosts an open-pit constrained NI 43-101 compliant MRE, completed in March 2025, with Indicated resources of 196,549 oz Au and Inferred resources of 794,886 oz Au.

2027 Winter Program Targets Westward and Eastward Resource Expansion

With all required permits secured, Caprock's 2027 winter drill program will consist of at least one campaign of 10 to 12 short drill holes aimed at expanding the MRE westward along strike. Management is also evaluating a second campaign of 10 to 12 holes targeting eastward expansion. Jean-David Moore, appointed to the board on March 6, 2026, brings more than twenty years of advisory experience across the junior mining sector and currently serves on the boards of six resource companies, adding governance depth ahead of the expanded program.