Triple One Metals Identifies Drill Targets in Emerging Newfoundland
Triple One Metals Inc. (“Triple One” or the “Company”) (CSE: TONE) is pleased to announce that it has commenced an expanded technical review and target-ranking program for its 100%-owned Caledonia Brook gold and copper-gold property in central Newfoundland.
The program is designed to move Caledonia Brook from regional geological evaluation toward defined exploration targets, including areas that may warrant follow-up prospecting, geophysics, and potential diamond drilling.
Caledonia Brook is located within the Crippleback–Moosehead mineralized corridor, in the central part of Newfoundland that has gained renewed attention following recent copper-gold drilling by Pirate Gold Corp. at its Moby Dick discovery located immediately west of the TONE’s Caledonia Brook property.
Triple One believes that recent district-scale developments have created a new technical framework for evaluating Caledonia Brook, particularly for gold and copper-gold mineralization associated with major structures, intrusive activity, alteration systems and hydrothermal fluid pathways.
“Caledonia Brook is no longer being viewed only as a gold property,” said A. Paul Gill, Chief Executive Officer of Triple One Metals. “Recent work in the district has introduced a broader copper-gold porphyry and epithermal exploration model. Our focus now is to bring the historical work, known gold indications and regional geology together into a disciplined target-ranking process”, said Gill.
Triple One’s previous disclosure highlighted the strategic location of Caledonia Brook in relation to Pirate Gold’s Moby Dick discovery. The Company is now moving beyond regional context and into a more detailed review of its own property-scale targets.
The Caledonia Brook property consists of two adjacent blocks, Caledonia 1 to the southwest and Caledonia 2 to the northeast (Fig. 1). Triple One holds a 100% interest in seven mineral licences across the property, covering approximately 6,850 hectares in central Newfoundland.
The Company’s internal property map identifies several areas of exploration interest, including a historical gold value of 8.95 g/t Au, areas of abundant gold in glacial till, and proposed diamond drilling locations. These targets will be reviewed as part of the Company’s technical program and will require verification, ranking and field validation before any drilling decisions are made.
“Historical gold values and till anomalies are important, but they must be placed in the right geological context,” said Mr. Gill; “The new work being reported in the district gives us a better lens through which to evaluate structure, alteration and copper-gold potential at Caledonia Brook.”
Pirate Gold recently reported (June 17, 2026) that the Moby Dick Alteration Zone has been confirmed by drilling as a large advanced argillic alteration system with characteristics consistent with a copper-gold porphyry, high-sulphidization epithermal environment.
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