Codrus Minerals Limited has initiated drilling at its Bull Run Gold Project in Oregon, USA, using a diamond drill rig operated by Integri-Core US LLC. This marks a significant step forward as the company begins testing five priority gold targets along a 2-kilometer strike identified through extensive soil and rock sampling. Early rock chip assays have shown promising results with exceptional figures, including up to 28 g/t gold and 1.5% copper in the Eldorado Zone, and up to 60 g/t gold with 2.5% molybdenum in the Lady May Zone, underscoring the potential for a valuable polymetallic system. The project’s exploration strategy is supported by both modern geoscience and historical drill intercepts. Notably, historical drilling in hole DDH34-82-1 recorded a 20.5-meter interval at 3.53 g/t gold, which included a 6.9-meter section at an impressive 9.31 g/t gold from a shallow depth. These encouraging results, along with soil anomalies showing values up to 27 g/t gold and rock chip assays reaching as high as 1,040 g/t gold, reinforce the high-grade potential of the mineralization system underlying the Bull Run Project. The geological setting in Baker County combines historical vein gold mining with complex mineralization processes, where ultramafic-mafic and sedimentary rocks are intruded by granodiorites and dykes. This environment, which has seen intermittent mining since the 1920s, is now being re-evaluated with modern exploration techniques that integrate geophysics, geochemistry, and structural analysis. The detailed drill hole intersections further illustrate the presence of precious metals and base metals across a series of historical and new targets. From a bullish perspective, the commencement of drilling at multiple high-grade targets, paired with robust historical and new assay data, presents encouraging prospects for Codrus Minerals Limited. The strong support from geological analyses and the active engagement in a buoyant gold market may drive investor confidence, as these early indicators suggest a potential multi-metal discovery that could extend well beyond initial expectations. Conversely, the bearish viewpoint highlights the inherent risks in early-stage exploration where drill results remain conceptual. Uncertainties regarding the scalability of the resource and the challenges associated with further exploration and eventual resource delineation mean that while the initial results are promising, the journey to a fully defined and profitable resource is still in its early phases. Investors are cautioned that exploration remains subject to market volatility and technical challenges that could affect future valuations. Overall, the company's proactive move to advance drilling activities at the Bull Run Gold Project reflects its commitment to unlocking the geological potential of the region, providing both opportunities and challenges for the future.