# Cambria Gold (TSXV:CAMB)

> Cambria is a Canadian gold development company advancing a high-grade gold system in British Columbia’s Golden Triangle.

## About

Cambria is a Canadian gold development company advancing a high-grade gold system in British Columbia’s Golden Triangle. The company focuses on building durable, long-life operations by aligning geology, infrastructure, and capital discipline, emphasizing responsible development practices, disciplined capital allocation, strong governance, and long-term partnerships with communities and Indigenous Nations. Cambria aims for steady progress toward sustainable production rather than rapid expansion.

## Key facts

- **Cash position:** $150M
- **Shares outstanding:** 422000000
- **Fully diluted shares:** 608250000
- **Warrants:** 123300000
- **Options:** 23200000
- **Mineral resource:** The Red Mountain mineral resource estimate is reported at a 3.0 g/t Au cut-off grade and is summarized below.

| Classification | Tonnes | Average Grades<br>Au (g/t) | Average Grades<br>Ag (g/t) | Contained Ounces<br>Au | Contained Ounces<br>Ag |
| --- | --- | --- | --- | --- | --- |
| Measured | 1,920,000 | 8.81 | 28.30 | 544,000 | 1,747,000 |
| Indicated | 1,271,000 | 5.85 | 10.00 | 239,000 | 409,000 |
| Measured + Indicated | 3,191,000 | 7.63 | 24.52 | 783,000 | 2,516,000 |
| Inferred | 405,000 | 5.32 | 7.30 | 69,000 | 96,000 |

- arrow_right [#349]Created with Sketch.Resource estimates are derived from the NI 43-101 Technical Report with an effective date of August 30, 2019, authored by Gilles Arsenault, P.Geo., a Qualified Person as defined by NI 43-101. Numbers may not sum due to rounding.
- arrow_right [#349]Created with Sketch.Measured, Indicated, and Inferred resources are presented on a project basis.
- arrow_right [#349]Created with Sketch.Full details, assumptions, and sensitivities are available in the Company’s technical disclosures.
- **Projects:** ["Red Mountain\n\nGold • Stewart BC\n\nA high-grade, bulk-mineable underground gold deposit with a large proportion of measured resources.\n\n- [Corporate Presentation](https://cambriagold.com/presentation-link/)\n\n- [Technical Report](https://cambriagold.com/projects/red-mountain/#)\n\n## Project Overview\n\nRed Mountain is a high-grade underground gold deposit located in British Columbia’s Golden Triangle, approximately 15 kilometres northeast of Stewart, within Nisg̱a’a Nation Treaty Lands. The project is fully permitted at both the provincial and federal levels and hosts a substantial high-confidence mineral resource.\n\nGeologically, Red Mountain is characterized by broad, laterally continuous sulphide stockwork zones hosted within Jurassic-age intrusive rocks. Mineralization occurs over meaningful widths, supporting bulk underground mining methods and distinguishing the deposit from narrower, vein-style systems common elsewhere in the district. The majority of the resource is classified in the Measured and Indicated categories, providing a strong foundation for mine planning and execution.\n\nWithin Cambria’s development strategy, Red Mountain is the primary driver of the restart plan. Its high grade, favourable geometry, and geological continuity make it the most reliable source of early mill feed. Development is focused on unlocking access, advancing underground mining, and delivering predictable, high-quality ore to the Premier processing facility.\n\n## Project Highlights\n\nRed Mountain is a high-grade, bulk-mineable underground gold deposit with a substantial Measured resource, existing underground development, and prior federal and provincial environmental approvals.\n\nWith favourable geometry supporting efficient longhole mining and resources open for expansion, it forms the cornerstone of Cambria’s development strategy and the primary focus of near-term advancement.\n\nHigh-Confidence, High-Grade Resource\n\nHosts approximately 543,800 ounces of Measured gold grading 8.81 g/t Au, with the Marc Zone averaging approximately 10.5 g/t Au, providing a strong foundation for near-term mine planning.\n\nFavourable Geometry for Bulk Underground Mining\n\nBroad, laterally continuous mineralized zones with an average thickness of ~25 metres, locally exceeding 40 metres, supporting low-risk, bulk underground mining methods.\n\nAdvanced Underground Access\n\nApproximately 2,000 metres of production-sized underground development completed, with mineralization accessed within ~200 metres of surface.\n\nEfficient Development Profile\n\nOnly approximately 1,600 metres of additional development required to support the first year of stoping, enabling a capital-efficient path to production.\n\nFully Permitted\n\nProvincial and Federal Environmental Assessment Certificates in place, significantly reducing permitting risk and development uncertainty.\n\nGeological Upside Through Improved Interpretation\n\nRevised geological model, including the identification of high-amplitude folding, enhances understanding of mineral continuity and opens additional exploration potential.\n\nResources Open for Expansion\n\nMineralization remains open in multiple directions, with opportunities to expand resources through future drilling once access is established.\n\nStrategic Role in Cambria’s Development Plan\n\nPositioned as the primary source of early mill feed, providing the grade, confidence, and continuity required to support a disciplined restart.","Premier Gold\n\nGold • Stewart BC\n\nA historic mining complex with significant existing infrastructure, including a permitted mill, underground development, and surface facilities.\n\n- [Corporate Presentation](https://cambriagold.com/presentation-link/)\n\n- [Technical Report](https://cambriagold.com/projects/premier/#)\n\n## Project Overview\n\nThe Premier Gold Project is a historic underground gold–silver system located in British Columbia’s Golden Triangle, approximately 25 kilometres from Stewart, on Nisg̱a’a Nation Treaty Lands. The project includes multiple deposits—Premier, Silver Coin, Big Missouri, Dilworth, and Martha Ellen—and a fully permitted processing facility with a nominal capacity of approximately 2,500 tonnes per day.\n\nPremier hosts an intermediate-sulfidation epithermal gold–silver system, with mineralization occurring in structurally controlled veins, breccias, and stockwork zones associated with quartz–sericite–pyrite alteration. The system is well understood through extensive historical drilling, underground development, and production data.\n\nWithin Cambria’s development strategy, Premier serves as the infrastructure and processing hub, while Red Mountain is prioritized as the initial source of high-confidence mill feed. Premier is positioned as a secondary production source over time, with contribution expected to increase as resource confidence improves through targeted infill drilling.\n\n## Project Highlights\n\nThe Premier Gold Project is a past-producing, multi-deposit underground operation with established reserves, a permitted 2,500 tpd processing facility, and significant site infrastructure in place. Located in the heart of the Golden Triangle, Premier provides the operational platform for Cambria’s staged restart strategy and long-term district development plan.\n\nHistoric, Infrastructure-Rich Gold Asset\n\nOne of the most established underground gold mining operations in the Golden Triangle, with a long production history and substantial existing infrastructure.\n\nOperating-Scale Processing Facility\n\nFully permitted mill with a nominal capacity of approximately 2,500 tonnes per day, positioned to process ore from Premier and Red Mountain.\n\nMultiple Deposits, Single Processing Hub\n\nFive defined underground deposits — Premier, Silver Coin, Big Missouri, Dilworth, and Martha Ellen — providing long-term optionality and development flexibility.\n\nAdvanced Technical Foundation\n\nSupported by extensive historical drilling, engineering studies, and a completed feasibility study, with an updated feasibility study planned.\n\nEstablished Access and Power\n\nLocated near Stewart, British Columbia, with paved road access, grid-connected hydroelectric power, and proximity to a deep-water port.\n\nStrategic Role in Cambria’s Development Plan\n\nPositioned as a secondary production source following Red Mountain, contributing additional mill feed over time as resource confidence is upgraded.\n\nPermitted and Previously Operated\n\nFully permitted underground mine and processing facility, with the site maintained under care and maintenance.\n\nSignificant Exploration and Development Upside\n\nLarge mineral inventory with opportunities to improve confidence through targeted infill drilling and staged redevelopment."]
- **Leadership:** Joe Driscoll (Director, Mining executive with over 38 years of leadership experience in the global mining industry, previously held senior roles at Barrick and Newmont, and served as Senior VP at AECOM.), Paul Saxton (Director, Experienced mining professional with a background in exploration and operations across various international mining projects, including roles at Cominco and Golden Band Resources.), Ryan Weymark (EVP and Director, Mining executive with over 15 years of experience in project development and operations, co-founder of Fuse Advisors Inc., and former VP at NexGen Energy.), Alex Morrison (Chair), Robert McLeod (CEO and Director), Andree St-Germain, Jose Nestor Marun

_Verified data last updated: 2026-07-17_

## Recent filings

- 2026-07-16 — other — [CAMB:CA_2026-07-16_16-08-30.pdf](https://chat.orbiton.app/camb/preview/76723?documentId=76723)
- 2026-07-16 — other — [CAMB:CA_2026-07-16_16-08-00.pdf](https://chat.orbiton.app/camb/preview/76724?documentId=76724)
- 2026-07-10 — other — [CAMB:CA_2026-07-10_14-49-27.pdf](https://chat.orbiton.app/camb/preview/64303?documentId=64303)
- 2026-07-07 — press_release — [CAMB:CA_2026-07-07_20-09-45.pdf](https://chat.orbiton.app/camb/preview/62325?documentId=62325)
- 2026-07-03 — press_release — [CAMB:CA_2026-07-03_21-12-56.pdf](https://chat.orbiton.app/camb/preview/60272?documentId=60272)
- 2026-06-29 — press_release — [CAMB:CA_2026-06-29_19-39-10.pdf](https://chat.orbiton.app/camb/preview/59983?documentId=59983)
- 2026-06-23 — press_release — [CAMB:CA_2026-06-23_11-09-34.pdf](https://chat.orbiton.app/camb/preview/56207?documentId=56207)
- 2026-06-09 — press_release — [CAMB:CA_2026-06-09_10-40-57.pdf](https://chat.orbiton.app/camb/preview/54831?documentId=54831)

## Live AI chat

- https://chat.orbiton.app/camb/chat
- Investor website: https://cambriagold.com/