Mining

Richmond Hill Gets Set to Drill

Vox Markets
Vox Markets•Mar 20, 2026

Why It Matters

If the drill results confirm high‑grade, extensive mineralization, Richmond Hill could secure its first gold resource, enhancing its market profile and funding prospects.

Key Takeaways

  • •Richmond Hill plans 10‑13 drill holes at Martell Gold.
  • •Historic shafts yielded 70,000 ounces, grades 16‑29 g/t.
  • •New program targets multiple parallel veins, not just Vein A.
  • •Assay results expected within three weeks after drilling.
  • •Company also eyeing St. Sophia copper project in Quebec.

Summary

Richmond Hill Resources announced an imminent drill campaign at its Martell Gold deposit in Ontario’s Superior Province, aiming to modernize historic data and assess multiple vein structures.

The company plans to drill 10‑13 holes totaling about 1,100‑1,300 metres, using oriented core to map the east‑west, south‑dipping shear‑hosted system. Historic work includes shallow shafts that produced roughly 70,000 ounces of gold with grades of 16‑29 g/t, and a recent 2023 hole intersected 41 g/t over one metre.

Sheldon Modland emphasized that the new program will target several parallel veins beyond the traditional “Vein A,” with assay results expected within three weeks of completion.

Success could lead to a first‑ever mineral resource estimate for Martell and set the stage for further drilling at the adjacent Sakus Mine and the copper‑rich St. Sophia project in Quebec, potentially boosting Richmond Hill’s valuation and attracting investor attention.

Original Description

Richmond Hill Resources has been working up its Martello gold project in Canada in recent months, and is now just about ready to drill. The initial programme will be about 1,100 metres, and will then probably be followed up by further work, the specifics of which will be dependent on the results. Richmond Hill director Sheldon Modeland joins Vox to tell us about the wider implications of the drill programme and the nature of the opportunity that's on offer at Martello.
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