The playbook — gold · September 14, 2026
Blue Jay hits 14 m of 6.15 g/t gold at Skukum Creek's Rainbow Zone
A maiden 2026 hole lands 86 gold gram-metres and repeats a 2021 result 32 m deeper — solid confirmation of a known zone, not a new find.
The standout hole from Blue Jay Gold’s first 2026 assay batch at the Steller Gold Project in the Yukon cut 14.0 metres grading 6.15 grams of gold per tonne — about a fifth of an ounce of gold in every tonne of rock — plus 124 grams of silver per tonne. Inside that run sat a richer 10.5-metre stretch at 7.84 g/t gold and 154 g/t silver, and a 4.4-metre core carrying 12.0 g/t gold. This is a maiden 2026 program on ground that already carries a resource, drilled by a company spun out of Riverside Resources in May 2025 and only listed on the TSXV about three months before these results.
The number that matters is continuity. Hole SC26-003 sits roughly 32 metres down-plunge of a 2021 hole (SC21-027) that returned nearly identical width and grade, between 410 and 422 metres below surface — that repeatability at depth is real evidence the zone holds together within the existing 2025 P&E resource, which traces about 1,000 metres of strike. A second hole, SC26-001, added a supporting Rainbow Zone hit of 4.33 m at 4.63 g/t gold. CEO Geordie Mark is a PhD geologist and 15-year Haywood mining analyst; his most recent operating role, running Vital Metals, ended when that board terminated his contract in July 2024, about nine months in, with no public explanation. The stock rose 2.6% over three months while gold went nowhere (-0.1%) — but junior peers (GDXJ) jumped 8.1%, so Blue Jay caught only a fraction of the sector’s wave.
Honesty demands the fine print. True widths are given only as an approximate 60-80% range across all holes, so that 14.0-metre core could be as little as ~8.4 metres true. The headline grades are gold-equivalent, materially boosted by silver of 124 to 258 g/t; gold alone is 6.15 g/t versus 8.04 gold-equivalent. Holes SC26-001, -003 and -004 share one collar — a fan, not independent strike testing — and SC26-004 deviated off-target and came back essentially barren at 1 m of 1.15 g/t. A separate 0.5-metre hit of 57.4 g/t gold at Mt. Skukum is a single narrow, isolated shot at a past-producer. Assays are pending on further completed holes; the company plans ten more holes at the Becker-Cochran antimony-silver occurrence — timing not stated.