Solstice Gold Corp. (TSXV: SGC) announced on November 10, 2026 that field crews are actively completing a Phase III 26 line-kilometre Alpha Induced Polarization survey at its 100%-owned Strathy Gold Project in Ontario's Abitibi Subprovince. The company also disclosed the identification of a new high-priority Silver Birch exploration target and confirmed the exercise of 4.183 million warrants, generating $418,333 in proceeds. The dual operational and financial update may draw investor attention to the project's expanding exploration footprint ahead of planned diamond drilling.

Key Points

  • Solstice Gold Corp. (TSXV: SGC) is an Ontario-focused gold exploration company operating the 57 km² Strathy Gold Project in the Temagami Greenstone Belt.
  • A Phase III 26 line-km Alpha IP survey is underway, extending coverage approximately 2.5 km southwest into an area with minimal historical exploration.
  • 4.183 million warrants were exercised at CAD$0.10 each, delivering $418,333 to the company's balance sheet, with participation from company insiders.
  • Investors may be watching for drill targeting decisions informed by new IP modelling and ongoing surface structural mapping results.

Phase III IP Survey Extends Coverage Across Strathy's Newly Acquired Claims

The expanded Phase III survey covers newly acquired claims at the core of the Strathy Gold Project, including down-dip and strike extensions of known gold zones. The survey extends approximately 2.5 km to the southwest, an area where, the release states, very little historical exploration has been conducted. Existing IP surveys have already defined at least eight primary target areas and demonstrate correlation with the known Leckie and SW Gold Zones. The company notes that 3D IP signatures are associated with near-surface, sulphide-bearing gold zones, and that ongoing modelling will refine these targets ahead of diamond drilling.

Silver Birch Target Adds New Exploration Priority East of the Leckie Gold Zone

Through detailed surface structural mapping and a review of a 1986 historical geological report, Solstice identified an overlooked mineralized zone approximately 1.5 km east of the Leckie Gold Zone. The Silver Birch target features arsenopyrite, sphalerite, and chalcopyrite associated with a northwest-trending fault, confirmed by current mapping. The release states this mineralization was absent from other provincial geological publications and databases. The geological setting exhibits similarities to the nearby Big Dan and Leckie Gold Zones, and faulting is interpreted to relate to the adjacent west-dipping Big Dan Gold Mine fault, located approximately 300 metres east of Solstice claims.

Warrant Exercises Strengthen Solstice's Balance Sheet With Insider Participation

Solstice disclosed that 4.183 million warrants were exercised at a price of CAD$0.10 per share, with an expiry date of October 30, 2026, generating gross proceeds of $418,333. The company noted that a number of these warrants were exercised by company insiders, which the release characterises as reflecting continued commitment and confidence in the Strathy project. The cash infusion is described as further strengthening the balance sheet and positioning Solstice to continue advancing exploration activities. The immediate share price impact was not clear from available public information.