Zodiac Gold to Invest $6.1 Million in Exploration of Liberia’s Todi Gold Project

Canadian gold exploration firm Zodiac Gold, has kicked off its 2026 exploration activities at the Todi Gold Project in Liberia, committing $6.1 million to drilling and trenching at the Ben Ben target.

The project, located in Bomi and Bong counties in northwestern Liberia, is part of Zodiac Gold’s district-scale strategy along the highly prospective Todi Shear Zone, a major gold exploration corridor spanning multiple licences in the region.

Phased Exploration Approach

The Todi Gold Project covers over 2,300 square kilometres, following licence expansions and renewals. Zodiac Gold’s prior work in Liberia includes:

  • Phase I (2024): Trenching and reconnaissance drilling at the Arthington Discovery, confirming high-grade near-surface gold.
  • Phase II (2024–2025): Diamond drilling at Arthington, producing significant gold intercepts and refining the geological model.
  • Phase III (2025): Trenching and drilling at Ben Ben, identifying multiple high-grade intervals and priority targets for the current 2026 program.

Strategic Partnership with Avesoro

In late 2025, Zodiac Gold signed an exclusivity agreement with Liberia’s largest gold producer, Avesoro Resources, which paid $200,000 to explore a potential deal on the Todi Project. The agreement underscores strong interest from a major regional operator and strengthens Zodiac Gold’s investment profile in West Africa.

2026 Drilling Program

The 2026 program will focus on Ben Ben, targeting a 16-kilometre gold-in-soil corridor stretching from Arthington eastward to Youth Camp, less than 6% of which has been previously drilled. Previous trenching has returned high-grade channel samples, including 0.65 metres at 53.6 g/t gold and 0.44 metres at 71 g/t gold, highlighting significant potential for further discoveries.

David Kol, a company representative, noted that the program aims to build on prior successes and unlock the broader potential of the corridor. He added that Zodiac Gold’s strong treasury, supported by the recent $6.1 million financing, enables a disciplined exploration approach, with meaningful results expected throughout 2026.

While Liberia remains an emerging gold producer compared with Ghana, Mali, and South Africa, its Birimian geology offers strong potential for further exploration and production. Zodiac Gold’s investment reinforces Liberia’s growing appeal to foreign investors and aligns with government efforts to expand the mining sector.

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