QGold Secures U.S. Forest Service Approval for Angel's Camp Gold Exploration in Oregon
QGold Gets USFS Approval for Angel's Camp Gold Exploration

QGold Receives U.S. Forest Service Approval for Angel's Camp Exploration at Quartz Mountain Gold Project

TORONTO, April 21, 2026 — Q-Gold Resources Ltd. (TSXV: QGR; OTCQB: QGLDF; Börse Frankfurt: QX9G), known as QGold, has announced a significant development in its mining operations. The company has obtained approval from the United States Forest Service (USFS) for its Angel's Camp exploration program at the Quartz Mountain gold project, located on National Forest System land in Oregon, USA.

A Milestone for Gold Exploration

Peter Tagliamonte, Chairman and Chief Executive Officer of QGold, emphasized the importance of this approval. "QGold's receipt of US Forest Service approval for our Angel's Camp Exploration Program is a major milestone, marking the start of an exciting phase of field activity at our Quartz Mountain Gold Project," he stated. The program involves a geochemical soil sampling initiative designed to systematically evaluate the Angel's Camp target area, covering approximately 2,660 acres. This effort aims to generate high-quality data to prioritize future drill targets, enhancing the project's discovery potential.

Comprehensive Summer and Fall Exploration Plans

With this approval, QGold is poised to execute a comprehensive exploration and technical drilling program throughout the summer and fall of 2026. The company anticipates further approval from the USFS for its Quartz Mountain drilling plans, which will complement the Angel's Camp activities. This integrated approach is intended to prepare for the initiation of a feasibility study for the Quartz Mountain Gold Project, positioning the company for advanced development stages.

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Project Overview and Strategic Focus

The Quartz Mountain Gold Project is situated on USFS-administered land in Oregon and consists of two primary areas: Angel's Camp and Quartz Mountain. QGold has submitted exploration authorization applications for both targets, with the Angel's Camp program now formally approved. The exploration will focus on a geochemical soil sampling campaign to identify gold anomalies across the eastern portion of the claim block, known as Angel's Camp. The data collected will be integrated with existing geological information to develop a prioritized drill target model, guiding subsequent drilling activities.

Tagliamonte expressed appreciation for the constructive engagement with the USFS throughout the authorization process. "We believe the Quartz Mountain Gold Project holds significant discovery potential and look forward to reporting results as our work progresses," he added. This approval underscores QGold's commitment to responsible mining practices and strategic exploration in a key gold-rich region.

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