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TSXVRPXBullishCorporate Developmentsnews

High materiality8/10

RPX expands Wawa drilling to accelerate PFS completion in H1 2027

Jul 14, 2026, 6:47 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Near-term catalysts (PFS H1 2027, resource upgrade) and added drilling capacity often drive re-rating; dual rigs shorten timelines, potential for higher resource confidence and updated PFS outcomes.

AI summary

What happened, with direct paths to the underlying reporting

RPX Gold announced the mobilization of a second diamond drill at the Wawa Gold Project to accelerate its 20,000 m program toward a prefeasibility study (PFS) planned for the first half of 2027. The program focuses on converting inferred resources to indicated in strategic areas and gathering metallurgical and geotechnical data, while testing exploration targets outside current resources. Two rigs should help compress timelines and support an updated resource estimate and PFS.

RPX mobilizes a second diamond drill at Wawa.
20,000 m program aims for PFS in H1 2027.
Approximately 5,000 m completed to date.
Second rig accelerates resource conversion and data collection.
Target IR appointed to boost investor visibility.

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