Quartz announces that holders of 96% of the warrants issued in connection with the Company’s March 19, 2025 private placement have elected to exercise their warrants ahead of the March 18, 2026 expiry date. The proceeds from these warrants solidify the Company’s financial position with a working capital balance of approximately C$3.8 million.
Quartz announces the completion of a high-resolution IP survey which successfully outlines Maestro's sulphide mineral systems, including the Prodigy Au-Ag discovery. The survey identified a large, highly prospective "donut-shaped" sulphide system, measuring approximately 2.1 km by 1.4 km. These survey results significantly enhance the potential success of the next drill program which is set to commence February 3rd.
The Quartz management team will be showcasing core samples which highlight the full vertical extent of the Prodigy mineral system, ranging from near surface levels hosting significant intervals of brecciated, gold-silver rich epithermal mineralization, to a newly discovered gold-rich porphyry system hosted within a well-mineralized quartz monzonite stock. This exciting gold porphyry discovery was intersected in the final hole of Phase 3 drilling (PR25-13) and underscores the important potential of the Maestro Project.
Quartz announces a claim acquisition which secures ground adjacent to a newly identified, multi-element soil geochemical anomaly on the Maestro Project, providing important area protection. The expanded land position enhances Quartz Mountain’s ability to advance exploration across the broader Maestro area.
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