# RPX Drilling PressRelease July14 2026 Final

Source Brief: https://evesgoldminers.com/research/source-briefs/rpx-gold-inc-rpx-drilling-pressrelease-july14-2026-final-a5e06cdb
Original source: https://www.rpxgold.com/wp-content/uploads/2026/07/RPX_Drilling_PressRelease_July14-2026_Final.pdf
EGM generated: 2026-09-27
Company: RPX Gold Inc. (RPX)

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# RPX Drilling PressRelease July14 2026 Final

Source: https://www.rpxgold.com/wp-content/uploads/2026/07/RPX_Drilling_PressRelease_July14-2026_Final.pdf
Fetched: 2026-09-16T01:12:04.118+00:00
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Normalizer input: text

## Content

# RPX Drilling PressRelease July14 2026 Final
RPX GOLD ACCELERATES DRILLING AT THE WAWA GOLD PROJECT
20,000 Metre Drill Program Ongoing to Support PFS to be Completed in H1 2027
TORONTO, Canada – July 14, 2026 – RPX Gold Inc. (“RPX Gold”, “RPX” or the “Company”) (TSXV: RPX.
OTCQB: RDEXF) is pleased to announce the mobilization of a second diamond drill at its Wawa Gold Project
in Ontario (Figure 1). The second drill will expedite the completion of the ongoing 20,000 metre (“m”) drilling
program, of which approximately 5,000 metres have been completed to date, in preparation of a prefeasibility
study (“PFS”) targeted for completion in the first half of 2027 (“H1 2027”).
The 20,000 m drilling program aims to:
• Complete the conversion of inferred mineral resources to indicated mineral resources in strategic
areas of the mine plan identified in the 2026 Preliminary Economic Assessment (“2026 PEA”);
• Acquire additional data for grade validation, and metallurgical and geotechnical purposes in key areas
of the underground mine plan identified in the 2026 PEA; and
• Conduct initial follow-up drill testing of several exploration targets identified by previous drilling in
areas outside of the current mineral resource.
See Figure 2 below.
Michael Michaud, President and CEO of RPX Gold, commented: “Mobilizing a second drill at Wawa is an
important step in advancing the project toward a PFS early next year. With two rigs now active, we are well
positioned to accelerate our fully-funded 20,000 m drill program and move efficiently toward an updated mineral
resource estimate and PFS.
“Our immediate focus is completing the resource conversion drilling needed to upgrade areas of the mine plan
that were classified as inferred resources in the 2026 PEA. The additional drill capacity allows us to advance
the resource conversion in parallel with the metallurgical, geotechnical and grade validation required to support
the PFS.
“The second drill will provide greater flexibility to test exploration targets identified through the 2025–2026
program, further highlighting the upside potential of the land package. This is a disciplined use of our drilling to
compress timelines and advance technical workstreams in parallel, de-risking of the project at every stage. Our
priority remains advancing the Wawa Gold Project toward completion of the PFS, targeted for H1 2027.”
Figure 1 - Regional Property Map of the Wawa Gold Project
Figure 2- Targeted areas in the new 2026 drilling program and drilling highlights from open-pit area drilling.
2026 DRILLING PROGRAM
The 2026 PEA mine plan identified that approximately 63% of open-pit ounces and 86% of underground ounces
included in the economic model were classified as indicated mineral resources. On May 14, 2026, the Company
announced results of an initial 9,000 m drilling program, targeting the conversion of inferred resources to the
indicated confidence category in the areas of the Jubilee Deposit with open pit potential.
Highlights from the 9,000 m 2025-2026 Drilling Program Include (see press release of May 27, 2026 and
December 16, 2025):
• 13.82 grams per tonne gold (“g/t Au”) over 4.94 metres (“m”), incl. 55.20 g/t Au over 1.04 m in SD-26
639;
• 23.20 g/t Au over 1.18 m and 2.09 g/t Au over 5.37 m, incl. 9.67 g/t Au over 0.78 m in SD-26-636;
• 8.77 g/t Au over 13.33 m, incl. 30.12 g/t Au over 3.39 m in SD-26-626;
• 3.33 g/t Au over 16.78 m, incl. 19.40 g/t Au over 0.97 m in SD-26-627;
• 2.38 g/t Au over 14.49 m, incl. 8.94 g/t Au over 1.31 m and 9.32 g/t Au over 0.88 m in SD-25-625
• 4.63 g/t Au over 13.25 m, incl. 18.60 g/t Au over 1.47 m and 14.70 g/t Au over 0.88 m in SD-25-593 (see
news release dated December 16, 2025).
Note: Intercepts are calculated using a 0.40 g/t Au cut-off and a maximum of 6.0 m of internal dilution with no capping
applied and are reported over core lengths. True widths are estimated to vary between 50 to 95% of the reported core
length in the Jubilee Shear.
RPX Gold has since initiated a new 20,000 m diamond drilling program focused on resource conversion within
strategic areas of the underground mine plan as identified in the 2026 PEA, including 3,000 m to 5,000 m of
grass roots exploration drilling. The Company is mobilizing a second drill rig to support the next phase of
advancement which will include an updated mineral resource estimate to be utilized in the preparation of a PFS
anticipated in H1 2027.
The resource conversion drilling to upgrade inferred mineral resources to the indicated mineral resource
category will consist of 15,000 m to 17,000 m of drilling, and will allow for data collection of material for
metallurgical, geotechnical and grade validation purposes to support the PFS.
This drilling program commenced in April, 2026, and as of July 12, 2026, the Company has completed
approximately 5,000 m.
Appointment of Target IR & Communications
RPX Gold is also pleased to announce that it has entered into an investor relations agreement (the
“Agreement”) with 2608124 Ontario Inc. (dba Target IR & Communications) (“Target IR”) for investor relations
and communications services to increase the Company’s visibility within Canadian capital markets and to
streamline overall corporate messaging, IR planning and investor outreach, in addition to supporting digital
marketing initiatives. Under the terms of the Agreement, effective July 15, 2026, Target IR will receive a monthly
service fee of CAD 8,000 (plus applicable taxes) for an initial term of six months, with the option to renew on a
quarterly basis thereafter. Target IR is at an arm’s length relationship with the Company and does not have any
direct or indirect interest in the Company or its securities.
Based in Toronto, Target IR is a strategic IR firm serving growing and emerging publicly listed companies, with
over 40 years of combined experience working alongside mining, technology and healthcare clients. With
TSX/TSX-V, NYSE, and LSE experience, the firm’s dedicated team leverages their deep IR, strategic
communications and capital markets expertise to plan and execute proactive investor relations programs.
The Agreement is subject to the approval of the TSX Venture Exchange.
Quality Assurance/Quality Control ("QA/QC") Measures
Individual drill core samples are labelled and sawn in half along a pre-marked cutting line. A consistent half-
core sample is then placed in an individual numbered plastic sample bag that is sealed. The remaining half-
core samples are kept at the Company’s core storage facility located on the Wawa Gold project. Quarter-core
duplicates are taken from certain samples to define the variability of gold distribution. Groups of samples are
then placed into durable rice bags sealed with security seals to be transported by commercial carrier for analysis
at Activation Laboratories Ltd. (Actlabs), Ancaster, Ontario. NQ core assays are obtained by 50-gram fire-assay
with a AA finish or by 1-kilogram metallic screen fire assay. The 1-kilogram metallic screen assay method is
selected for samples anticipated to contain coarse gold and when the original fire-assay returns results greater
or equal to 2.25 g/t Au. The residual coarse reject portions of the samples remain in storage for a minimum 90-
day period if further work or verification is needed.
As part of its QA/QC program, RPX Gold inserts external gold standards (low- to high-grade) and blanks every
20 samples and routinely inserts blanks immediately after samples with visible gold. Quarter core duplicates
are routinely inserted to evaluate the natural variability of gold mineralization. Assay certificates are sent to at
least three members of the senior management team, and they are directly accessible from the WebLIMS portal
of Actlabs. Approximately 5% of the pulps and coarse rejects analyzed at Actlabs are sent to Agat Laboratories
in Thunder Bay for umpire testing.
Qualified PersonJean-François Montreuil, P.Geo., Vice President, Exploration at RPX Gold, and a Qualified
Person as defined under National Instrument 43-101, has reviewed and approved the scientific and technical
information in this press release.
ABOUT RPX GOLD INC.
RPX Gold Inc. is a Toronto-based gold exploration company. The Company’s flagship asset, the Wawa Gold
Project, is located in northwestern Ontario, in the Michipicoten Greenstone Belt of Ontario, adjacent to several
established gold-producing operations, including those operated by Wesdome Gold Mines Ltd., Alamos Gold
Inc. and Hemlo Mining Corp. The Wawa Gold Project benefits from strong local infrastructure and excess
regional mill capacity.
The Company is evaluating open-pit operations designed to generate early cash flow to help fund the
advancement of the underground operation. This phased approach is aimed at de-risking development,
accelerating the time to revenue and minimizing shareholder dilution. The approach is subject to the completion
of a number of milestones before a production decision can be made, such as continued drilling and mineral
resource definition, conducting additional metallurgical test work, completing a prefeasibility study, continuing
baseline studies as well as additional permitting and Indigenous consultations, among other factors.
The Wawa Gold Project currently hosts mineral resources from two mineral deposits, namely the Jubilee Shear
and the Minto Mine. The mineral resources include an indicated mineral resource of 22.909 million (“M”) tonnes
grading 1.69 g/t Au containing 1,244,000 ounces Au and an inferred mineral resource of 9.951 M tonnes grading
1.59 g/t Au containing 509,000 ounces Au, with both open-pit and underground mining potential. Gold
mineralization extends to surface on a historic mining property, which supports the Company’s phased
development strategy. Please refer to the technical report entitled “Preliminary Economic Assessment: Wawa
Gold Project” with an effective date of February 18, 2026, which is available on www.SEDARPLUS.ca under
the Company’s profile for more information.
The Company's shares trade on the TSX Venture Exchange under the symbol "RPX" and on the OTCQB
Markets under the symbol “RDEXF”.
For material information about the Company, visit http://www.rpxgold.com
Or contact:
Salisha Ilyas, Investor Relations, 647-209-9200, salisha@targetir.com
Or
Michael Michaud, President and Chief Executive Officer, at (416) 364-7024 or mmichaud@rpxgold.com
Or
Manish Grigo, Director of Corporate Development, at (416) 569-3292 or mgrigo@rpxgold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release contains statements which constitute “forward-looking information” within the meaning of
applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations
of the Company with respect to future business activities and operating performance.
Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”,
“plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. Forward-looking information contained
in this news release includes, but may not be limited to: statements regarding completion of the PFS in H1 2027;
completing the conversion of inferred mineral resources to indicated mineral resources in strategic areas of the
mine plan identified in the 2026 PEA; acquiring additional data for grade validation, and metallurgical and
geotechnical purposes in key areas of the underground mine plan identified in th

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