High-Grade Gold-in-Till Anomalies Define 3km Corridor at Cape Ray West

AuMEGA Metals has identified a significant new gold corridor at Cape Ray West, marked by high-grade gold-in-till anomalies linked to an untested felsic intrusive complex. The company is preparing for fully funded drilling in late 2025 to explore these promising targets.

  • Discovery of three large gold-in-till anomalies up to 3 km in strike
  • Anomalies coincide with magnetic breaks and geological structures
  • Untested Isle aux Morts Granite intrusive complex identified as key exploration target
  • Fully funded drilling planned for Q4 2025
  • Integration of new and legacy data to refine drill targets underway
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Expanding the Gold Footprint at Cape Ray West

AuMEGA Metals Ltd has announced a breakthrough in its exploration efforts at the Cape Ray Gold Project in Newfoundland, Canada, unveiling a new multi-kilometre gold corridor at Cape Ray West. This discovery is anchored by multiple high-grade gold-in-till anomalies, with peak values reaching 402 parts per billion, which is significant for surficial geochemical sampling. These anomalies extend up to approximately three kilometres and are spatially linked to the Isle aux Morts Granite, a large felsic intrusive body that has remained untested by drilling until now.

Geological and Geophysical Alignment

The gold-in-till anomalies are not isolated findings; they align closely with magnetic breaks and mapped geological structures, creating a multi-layered anomaly signature that strengthens the case for a fertile gold system. This correlation suggests that the structural controls and intrusive contacts within the Isle aux Morts Granite may host significant mineralisation. The integration of geochemical, geophysical, and structural datasets is currently refining these insights to generate high-priority drill targets.

Strategic Drilling Plans and Funding

AuMEGA’s Managing Director and CEO, Sam Pazuki, highlighted the strategic importance of this discovery corridor, situated near existing deposits such as Window Glass Hill and the BP deposit. The company is fully funded to commence an initial drilling program in the fourth quarter of 2025, targeting these newly defined anomalies. This drilling will be critical to validate the extent and grade of mineralisation beneath the surface and to potentially expand the known resource base.

Building on a Robust Exploration Framework

This announcement builds on AuMEGA’s extensive review of historical and recent exploration data, including high-resolution airborne electromagnetic and magnetic surveys conducted in 2025. The use of systematic till geochemistry has proven effective in mapping gold trends along the Cape Ray Shear Zone, a major tectonic boundary known for hosting significant gold deposits, including the nearby Valentine Gold Project. The company’s approach combines legacy data with modern exploration techniques to accelerate discovery and resource growth.

Looking Ahead

With assay results pending from expanded till sampling and rock mapping across the Isle aux Morts Granite, AuMEGA is poised to refine its drill targets further. The upcoming drilling campaign will be a pivotal step in confirming the economic potential of this new gold corridor. Success here could significantly enhance the value proposition of the Cape Ray Gold Project and reinforce AuMEGA’s position in one of Canada’s most prospective gold belts.

Bottom Line?

AuMEGA’s discovery at Cape Ray West sets the stage for a potentially transformative drilling campaign in late 2025.

Questions in the middle?

  • What will the upcoming drill results reveal about the depth and grade continuity of the new gold corridor?
  • How might the Isle aux Morts Granite’s untested nature influence the scale of AuMEGA’s resource expansion?
  • What implications does this discovery have for the broader Cape Ray Shear Zone and regional gold exploration?