Lux Metals Receives Permits, Outlines 2026 Exploration Program at La Grande Gold Project
Key facts
- 104 m
- 6.5 g/t Au
- LGS97-98
- +2 more
Drill results
| Hole | Interval | Width | Grade |
|---|---|---|---|
| LGS97-98 | 94.0–213.0 m | 104 m | 6.5 g/t Au |
| LGS98-125 | 225.0–287.0 m | 38.5 m | 4.3 g/t Au |
| LGS97-83 | 108.0–168.0 m | 56.0 m | 2.7 g/t Au |
| LGS97-103 | 137.5–177.5 m | 36.0 m | 3.4 g/t Au |
Intercepts extracted and reviewed by Strikepoint from the issuer’s filings. True widths may differ from downhole widths; see the full release for drill orientation.
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2026) - Lux Metals Corp. ( TSXV: LXM ) (" Lux " or the " Company ") is pleased to announce that it has received drill permits for the La Grande Gold Project (" La Grande " or the " Project ") in Québec's James Bay region, marking a key milestone in the Company's 2026 exploration program. With permits now in hand, the Company has outlined a comprehensive program including diamond drilling, field mapping, and geophysical surveys at La Grande, where historic drilling has returned intercepts including 83.8 metres grading 7.95 g/t gold within a mineralized system that remains open at depth and along strike. 2026 Exploration Program The receipt of drill permits marks the beginning of the Company's 2026 exploration strategy at La Grande. Following the completion of a $4 million private placement earlier this year, the Company is well funded and now permitted to advance its planned exploration activities.
The program includes the following components: Drill Permits Received: Permits received for the La Grande Gold Project, clearing the regulatory pathway for the 2026 exploration program. Mobilization and program planning can commence. Diamond Drilling: With permits now in hand, drilling will form a significant component of the 2026 program.
An initial 5,000 metres anticipated to commence in Q3 2026. The program will focus on: Expanding the Zone 32 mineralized envelope down-plunge and along strike. Infill drilling within the known system.
Testing of parallel structures within the broader tonalite corridor. Initial drill testing of regional targets refined through the field and geophysical programs. Field Mapping, Prospecting, and Surface Sampling: Additional detailed geological fieldwork will be conducted across priority areas of the Property.
Focused on expanding known mineralized showings and generating new drill-ready targets. Field observations will be integrated with the existing historic drill database and new
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