Quartz Mountain Resources Ltd. is pleased to announce that Phase 5 diamond drilling at its 100%-owned Maestro Gold-Silver Project, located near Houston in central British Columbia, is scheduled to commence on October 22, 2026.
2026 News
Quartz Closes $1.7 Million Unit Financing
10/16/2026
Quartz Mountain Resources Ltd. announces that it has closed the private placement of 4,247,500 units for gross proceeds of $1.7 million, further to its previous press releases dated September 24, 2026 and October 1, 2026.
The Company now expects to raise $1,110,000 from the sale of Flow-Through Units and $600,000 from the sale of Units for aggregate proceeds of $1,710,000.
Quartz Plans October Start of Phase 5 Drilling at Maestro Gold-Silver Project, British Columbia
9/24/2026
Announces $1.37 Million Private Placement Financing of Units and Flow-Through Units. Phase 5 is designed to expand the open-ended Prodigy discovery along its trend beyond the current mineralized footprint.
Quartz announces assay results from the Phase 4 core drilling program at its 100%-owned Maestro Project in central British Columbia. The results continue to expand the open-ended Prodigy gold-silver discovery and confirm four related mineralization styles.
Quartz announces that it has elected to rely on Coordinated Blanket Order 51-933-Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers and move to semi-annual financial reporting (“SAR”).
Quartz is pleased to announce that it has completed its Phase 4 core drilling program totalling 4,366 meters in 8 drill holes at its 100% owned Maestro epithermal gold-silver mineral property.
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.