McFarlane outlines planned 50,000-metre Phase 2 drilling at Juby
McFarlane said it plans 50,000 metres of drilling over 12–15 months at its Juby gold project in Ontario and that the program is fully funded. It expects three rigs to be operating before November 1.
Event / data period: 2026-10-19
Published: · Updated:
In its October 19 release, the company said two rigs in Phase 2 would target extensions of known mineralization, while a third would first conduct infill drilling and later test new targets. The plan calls for 50,000 metres of drilling over 12–15 months.
This is a forward-looking exploration plan, not a report of drilling results or resource growth. The company said the program is funded following gross proceeds of C$17.25 million from its September 2026 financing. Full deployment of three rigs before November 1, 2026 remains an expectation.
Data
McFarlane outlines planned 50,000-metre Phase 2 drilling at Juby
- · Occurred
McFarlane outlines planned 50,000-metre Phase 2 drilling at Juby
McFarlane said it plans 50,000 metres of drilling over 12–15 months at its Juby gold project in Ontario and that the program is fully funded. It expects three rigs to be operating before November 1.
Methodology
Forward-looking drilling plan in the company’s October 19, 2026 release. Metres are planned total drilling, not completed work.
Updated:
Juby Phase 2 planned drilling
Total planned drilling length stated by the company.
| Phase 2 planned drilling total | 50000 |
Methodology
50,000 metres is the target for a future 12–15 month program, not completed drilling.
Updated:
Subjects and places
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