Solstice Gold Corp. (TSXV: SGC) has agreed to acquire the Leckie Gold Zone as part of a $600,000 cash-and-share deal, expanding its Strathy Gold Project to approximately 57 square kilometers.
The acquisition includes two patented claims covering 24 hectares and 43 unpatented mining claims totaling 9.4 square kilometers. Under the definitive agreement dated August 22, 2026, Solstice will issue 2 million common shares—subject to a 12-month lock-up—and transfer 11 unpatented claims to Koala Canada Exploration Inc. The transaction remains subject to TSX Venture Exchange approval and other customary conditions, with an anticipated closing on September 14, 2026.
The Leckie zone, previously held under option agreements with Gravel Ridge Resources Ltd. and 1544230 Inc., is now fully owned by Solstice, excluding certain royalties. The project’s Leckie Patents are encumbered by a 1% net smelter return royalty held by Stroud Resources Limited, with a buyback option exercisable at $500,000 per 0.5%.
The Leckie Gold Zone features historical infrastructure, including a 160-meter-deep shaft and five levels of underground development. More than 23,000 meters of historical drilling has been completed, with 62% of 133 assayed drillholes returning intercepts of at least 3.0 grams per tonne gold over 1.5 meters. Notable intercepts include 4.85 g/t over 17.10 meters, 7.24 g/t over 10.45 meters, and 9.10 g/t over 5.24 meters. Approximately 90% of 82 intercepts occur within 250 meters of the surface.
Solstice also plans to complete a non-brokered private placement of 10,833,333 shares at $0.06 each to raise $650,000, pending closing of the acquisition.
