SQX Resources doubles Montana gold footprint after staking

SQX Resources (ASX:SQX) announced a major strategic expansion at its Williams Gold-Silver Project in Montana, effectively doubling its footprint through a successful winter staking campaign.

By adding 25 new claims, the company’s subsidiary, AM6 Mining, now controls a total of 45 claims.

The expansion is designed to capture roughly 2.5km of strike extensions connected to the high-grade Black Bear workings, a site renowned for its "bonanza-grade" historical yields.

Previous bulk sampling at the project's 101 raise produced 876 tonnes of ore grading at an impressive 141.7g/t gold and 780g/t silver.

By securing the surrounding ground, SQX has now enclosed additional outcropping veins to the north-east, including the Fool’s Hen and Christian's Reef prospects.

Recent grab samples from these areas have already yielded assays of 4.3g/t Au and 30g/t Ag, signaling that the mineralisation extends far beyond the original discovery zone.

Executive Chairman Bevan Tarratt highlighted that the 2026 field season will shift from exploring a single deposit to testing what appears to be a significant vein field.

The systematic approach aims to validate 1980s-era data that identified steeply plunging high-grade shoots within broader epithermal structures.

At the time of reporting, SQX Resources' share price was $0.18.