ProAm Explorations Corporation (CSE: PMX) announced on October 22, 2026 that it has staked over 10 square kilometres of additional ground at its Golden Ridge Gold Project in western New Brunswick, expanding its land position to cover more than 13 kilometres of a prospective structural corridor along the crustal-scale Woodstock Fault. The newly staked mineral claim, 12691, covers 1,077 hectares contiguous with the existing project and incorporates the historical Kirkland claim group, which hosts alteration described as analogous to known gold mineralization at Poplar Mountain. Investors may be watching the company's stated objective of compiling a ranked inventory of drill-ready targets by year-end 2026 to support a winter 2026/2027 drill program.

Key Points

  • ProAm Explorations Corporation (CSE: PMX) announced the expansion of its Golden Ridge Gold Project in western New Brunswick.
  • The company staked over 10 square kilometres of additional ground, extending its land position to more than 13 kilometres along the Woodstock Fault structural corridor.
  • The Kirkland claim hosts a 300-by-100-metre zone of sericite–carbonate alteration with quartz veins and disseminated pyrite, described as similar to Poplar Mountain gold mineralization.
  • Investors should watch for integration of New Brunswick's June 2026 regional airborne survey results and the company's year-end 2026 drill-target inventory; program scope and timing remain subject to financing and permits.

Kirkland Claim Addition Anchors Golden Ridge Expansion Along Woodstock Fault

The staking of mineral claim 12691 expands ProAm's coverage of the Belle Lake area into the historical Kirkland claim group. The Woodstock Fault, described as a crustal-scale structure, anchors the company's exploration model. Historical work from 1999 identified the 300-by-100-metre sericite–carbonate alteration zone within mafic volcanic rocks, with rock samples classified as silicic dacites or rhyolite — the same brittle host rock type as at Poplar Mountain. A Government of New Brunswick assessment report described this alteration as "very similar to the alteration hosting the nearby gold occurrences on the Golden Ridge property," a comparison the company considers central to its targeting approach.

2023 Peer-Reviewed Study Shapes ProAm's Multi-Centre Exploration Model

ProAm's strategy draws on a 2023 peer-reviewed study by researchers at the University of New Brunswick and the New Brunswick Geological Survey, which proposed at least four mineralizing fluid pulses at Poplar Mountain, with later stages particularly enriched in gold, and interpreted a deep-seated intrusion as a source of mineralizing fluids. The company is applying this deeper-source interpretation and structural model to identify where additional mineralized centres could occur across the expanded land package. Historical geophysical anomalies, geochemical data, and interpreted cross-cutting structures provide the targets against which those predictions will be tested.

Phase 1 Program and Historical Core Review Advance Target Definition

ProAm is currently reviewing select historical drill core from Golden Ridge at the Government of New Brunswick's Core Storage facility, re-assessing assayed intervals in light of the 2023 trace element analysis. Results from New Brunswick's June 2026 regional airborne survey are expected to be publicly released in October and will be integrated with historical drilling, mapping, and geochemistry. As outlined in the company's September 3, 2026 news release, the planned Phase 1 program combines high-resolution magnetic and radiometric surveys, LiDAR, orthophotography, and 3D geological modelling. The company's objective is a ranked drill-ready target inventory by year-end 2026, subject to financing and permits.