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TORONTO, Aug. 12, 2026 (GLOBE NEWSWIRE) — Blossom Gold Inc. (formerly, 1290448 B.C. Ltd.) (“Blossom” or the “Company”) (TSX: BGAU) is pleased to announce further drill results from its ongoing 2026 exploration program at the Rosebud Open-Pit Heap-Leach Project (“Rosebud” or the “Project”) in Pershing County, Nevada. This release builds on results reported on June 30, 2026 and highlights continued expansion and infill success across the South, Southwest, and Northeast Zones. Notable intervals include: BG26-023 – 8.9m @ 0.757gAu/t, from 105.8m; BG26-024 – 14.3m @ 0.551gAu/t, from 131.8m and 25.3m @ 0.864gAu/t, from 160.4m; BG26-025 – 9.6m @ 0.532gAu/t, from 98.8m; BG26-026 – 124.3m @ 0.315gAu/t, from 152.3.4m, including 34.2m @ 0.664gAu/t, from 183.0m; BG26-027 – 26.3m @ 0.643gAu/t, from 132.8m and 28.0m @ 1.682gAu/t, from 170.9m; and BG26-030 – 41.9m @ 0.275gAu/t from 129.7m, including, 9.0m @ 0.709gAu/t from 155.3m and 115.4m @ 0.553gAu/t, from 181.5m, including 52.6m @ 0.860gAu/t, from 197.1m.
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The current focus of the drill program continues to be completion of technical drilling for permitting and design work, which is now 80% complete, and expansion resource drilling. One core drill rig will continue completing technical drilling. Two core rigs are now devoted to drilling aimed at expanding and upgrading the existing inferred open-pit resource of 70.8 million tons at 0.018opt Au (0.62gAu/t) and 0.189opt Ag (6.49gAg/t) for 1.28 million ounces of gold and 13.4 million ounces of silver (see About Blossom Gold section below for more information). A reverse circulation (“RC”) drill rig has been secured to increase exploration drilling rates.
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In the South Zone, results from drill holes BG26-024, -026, -027, and -030, combined with previously reported drill holes BG26-005 and -016, confirm that significant thicknesses of gold mineralization surround the historic south mined zones. Drill hole BG26-038, together with previously reported drill holes BG26-010 and -011, supports continuation of mineralization south of the south mined zones and up-dip along the South Ridge Fault Zone, with gold grade extending to or near the top of bedrock. Additional drilling along strike from BG26-038 supports this trend, with these assays still pending. The Company is actively drilling the triangular area defined by the historic mined zones (see Figure 1) to test continuity of mineralization spanning the South and East Zones, with potential extension further up-dip and along strike of the South Ridge Fault Zone under continued investigation.
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In the Northeast Zone, results from drill hole BG26-018, combined with previously reported drill hole BG26-004, indicate a zone of near-surface gold mineralization near the northeast edge of the proposed pit outline. Assay results to support the possibility of near-surface mineralization are still pending. BG26-018 also intercepted gold mineralization at depth along the South Ridge Fault Zone, suggesting a northward extension of mineralization along the previously mined south to north zones.
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In the Southwest Zone, results from drill holes BG26-023, -025, and -028, together with previously reported drill holes BG26-002, -020, and -021, support the presence of a gold mineralized zone approximately 600m west of the south underground mined zone, an area with limited historic drilling. Drilling continues in this zone to define its extent and underlying geology.
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Figure 1 – Rosebud Open Pit Drilling Zones with Recent Drill Hole Locations
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* Mined zones represent stope and backfilled areas from 1997 to 2000 during the Hecla/Newmont Joint Venture operations. The Joint Venture mined just under one million tons at 0.44opt Au (15gAu/t).
Source: Blossom Gold Inc.
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