GoldVenture Weekly

Drilling at the Surebet Zone on the 100%-owned Golddigger Property in B.C.'s Golden Triangle returned 7.38 g/t AuEq over 35.7 meters in hole GD-26-436, including 19.51 g/t AuEq over 8.32 meters. Hole GD-26-426 cut 5.18 g/t Au over 4.50 meters and 7.85 g/t Au over 3.00 meters, GD-26-431 returned 5.83 g/t Au over 5.95 meters at the Eldorado Zone, and GD-26-414 returned 1.92 g/t AuEq over 16.45 meters. 52 of 98 planned holes are complete, totalling 31,994 meters in 2026.

Phase 2 drilling at the Minto Project in Yukon returned 6.01% Cu, 8.77 g/t Au and 36.6 g/t Ag (13.12% CuEq) over 1.93 m within 1.49% CuEq over 33 m in hole 26SCM190 at Minto North, while step-out hole 26SCM205 cut 3.43% Cu, 0.36 Au and 47 g/t Ag over 3.7 m. At Area 118, hole 26SCM188 returned 3.39% Cu, 0.61 g/t Au and 16.5 g/t Ag over 6.0 m. Of the planned 50,000 m, 45,299 m in 187 holes was completed as of August 18; the PEA is targeted for Q3 2026.

An amended and restated credit agreement with funds advised by Appian Capital Advisory Limited covers the US$450 million senior secured project loan facility for the fully permitted, 100%-owned Cariboo Gold Project in central British Columbia. Interest margins fall to SOFR plus 9.00% on the initial draw, with the 0.10% SOFR adjustment eliminated, and SOFR plus 7.25% for the second draw, alongside improved covenants and a 12-month extension of the PIK interest option. Appian confirmed satisfaction of certain technical conditions precedent to the US$350 million second draw, following Lowhee Zone infill drilling and ore sorting results; remaining construction readiness conditions apply.

A 1,500 m, 14-hole diamond drill program from six pad locations has begun at the Don Lake uranium project near Uranium City, Saskatchewan, operated by partner Xcite Uranium Inc. on Eagle Plains' 100%-owned ground. Drilling will test structurally controlled uranium at the Don and Midas targets, including extensions beneath the A, B, C Zone and Hawker trenches. The approved 2026 Don Lake budget is about $1.1 million, comprising $200,000 fieldwork (completed) and $900,000 for drilling, with Apex Drilling contracted.

A maiden NI 43-101 mineral resource estimate with an effective date of July 15, 2026 has been reported for the IMA Mine in Lemhi County, Idaho: 316,000 tonnes indicated at 0.55% WO₃ (1,747 tonnes WO₃, 404,000 oz silver) and 2,178,000 tonnes inferred at 0.55% WO₃ (11,933 tonnes WO₃, 1,848,000 oz silver), at a 0.20% WO₃ cut-off based on $1,300/MTU WO₃. Surface tailings add 267,000 indicated tonnes at 0.15% WO₃. A technical report will be filed within 45 days, and a PEA is planned.

An initial 2,000 m diamond drilling program has begun at the Walaba target on the Tosso Creek Project in Suriname, with drilling at the Swalanga target to follow. Recent trenching at Walaba returned 52.0 m @ 0.77 g/t Au in TOST26-021A, and 7.0 m @ 4.57 g/t Au (including 4.0 m @ 7.89 g/t Au) plus 23.0 m @ 0.86 g/t Au in TOST26-024. At Swalanga, 1 km east, TOST26-030A returned 56.0 m @ 0.97 g/t Au.

Permits for 491 additional drill pad sites have been received from SEMARNAT at the 100%-owned Claudia Silver-Gold Project in the El Papantón Mining District, Durango State, Mexico, improving access to targets including the northern Aguilareña and Guadalupana vein extensions and the HL and Santiaguera vein targets. The Phase II drill program, begun in mid-January 2026, has been expanded to 30,000 metres and is expected to run through the end of 2026, with a fourth diamond drill rig mobilizing by the end of August 2026. As of August 19, 18,258 m had been drilled in 79 holes, with a maiden resource estimate targeted for 2027.

Trenching at the Dominion project has exposed the Rickirb gold zone over an intermittent strike length of 210 m, open to the northeast and southwest, with the zone averaging 5 m to 12 m wide, containing 2-10% pyrite; over 150 channel samples have been submitted for gold/ICP analysis. At the Stoney Caldera Copper-Gold Project, ten grab samples over 600 m at the new Reid Zone returned 82 ppb to 2,014 ppb gold. The Great Burnt Copper-Gold spinout is underway.

Five drill holes totaling 2,915 metres at the Z87 underground target on the Troilus gold-copper project in north-central Quebec returned mineralization in every hole, including 8.84 g/t AuEq (7.02 g/t Au, 21.63 g/t Ag, 1.03% Cu) over 4.8 m from 859 m downhole in TLG-ZJ20-222-EXT26, with 23.58 g/t AuEq over 1 m. Other results included 5.07 g/t AuEq over 5 m and 2.08 g/t AuEq over 6.17 m. Mineralization was confirmed up to 400 m beyond the existing resource pit shell.

Drilling at the Cheechoo gold project in the Eeyou Istchee Baie-James region of Quebec returned 2.40 g/t Au over 48.5 m, including 77.65 g/t Au over 1.1 m, and 1.49 g/t Au over 37.6 m in hole CH26-326, plus 1.16 g/t Au over 32.2 m and 2.28 g/t Au over 10.3 m in CH26-327. These are the first 5 holes (1,753 m) of Phase 1; 33 holes totalling 13,555 m are complete, with visible gold in 8 holes. Phase 1 is expected to finish in September, followed by an updated resource estimate.

A new gold anomaly, Anomaly 1, has been defined over approximately 4 kilometres on the 100%-owned Seydou permit at the Odienné Project in Côte d'Ivoire, with peak values of 514 ppb Au in termitaria and 214 ppb Au in soil from a 4,098-sample program. A 24-hole, roughly 1,500-metre aircore program is underway over about 2 km of the trend. A seven-hole, 1,600-metre diamond program has begun at the Fremen discovery, testing 300 metres of strike and 200 metres down dip.

Drilling at the Buen Retiro copper project near Copiapó, Chile returned 105.0 m at 0.74% Cu from 58.0 m in BRT-DDH094 (including 12.0 m at 3.01% Cu), 8.8 m at 3.70% Cu from 30.0 m in BRT-DDH095 (including 1.0 m at 21.84% Cu, the highest grade to date), and 83.0 m at 0.46% Cu from 69.0 m in BRT-DDH099. RC hole BRT-RCD020 extended the main Tenorita trend by 200 metres to 1.9 km. Fitzroy has completed 92 holes for 16,376 m since February 2026 and targets 22,000 m in 2026.

A new 4-kilometre gold anomaly, Anomaly 1, has been defined by termitaria and soil geochemistry on Awalé Resources' 100%-owned Seydou permit within the Odienné Project, Côte d'Ivoire, with peak values of 514 ppb Au in termitaria and 214 ppb Au in soil from a 4,098-sample program. A 24-hole, roughly 1,500-metre aircore program is underway across about 2 km of the trend. Seven-hole, approximately 1,600-metre diamond drilling has also begun at the Fremen discovery.

An approximately 65 line-kilometre induced polarization survey is scheduled to begin in early August at the Corral Copper Project in Cochise County, Arizona, ahead of a September drill program of 10,000 metres, about 5,000 metres of which will test porphyry targets, with the remainder evaluating and expanding known CRD mineralization. Core relogging and field work, done with input from Teck Resources, identified porphyry-style features including QSP alteration, stockwork veining and molybdenum-bearing mineralization.

Major Drilling Group International has been selected as drilling contractor for a planned 10,000-metre program at the Corral Copper Project in Cochise County, Arizona, with Equity Exploration Consultants engaged for geological and operational support; drilling is scheduled to start in early September 2026. The roughly 20-hole program splits about 5,000m on near-surface CRD copper-gold-silver targets at Ringo, Clanton, Earp and Holliday, and about 5,000m across roughly 7 holes testing porphyry copper-gold targets, expected to begin mid- to late October.

Surface rockchip and channel sampling at the Antimony Ridge area of the 100%-owned Goldstrike project in Utah returned 2.53% antimony and 0.61 g/t gold over 1.3m true width, 1.02% antimony and 0.33 g/t gold over 3.2m TW, and 1.37% antimony and 0.27 g/t gold over 1.2m TW across a 900 by 450 metre area, plus a new Antimony Knoll zone 1,700 metres west grading 1.11% antimony over 0.6m. An RC drill program began in July 2026, with 852 metres in eight holes completed of an estimated 1,500 metres and assays expected in Q4 2026; $2.0M is budgeted for 2026 work.

Underground access has been re-established at the Rainbow Block Silver-Zinc Project in Montana's Butte Mining District following rehabilitation of the historic Chief Joseph Portal, which measures roughly 12 feet wide by 14 feet high; MSHA has issued Federal Mine ID No. 24-02827 under the name Silver Bow Mine. Next steps include rehabilitating the Chief Joseph Decline and establishing underground drill stations on the 200 Level, plus surface preparation for a new 16.5 by 16.5 foot Rainbow Portal about 1,000 feet north.

Assay results from seven drill holes at the Mirado Gold Project in Ontario's Kirkland Lake region include 20.29 g/t Au over 4.4 m from 177.6 m in South Zone hole KLM26-022, 0.34 g/t Au over 41.2 m and 1.33 g/t Au over 18.0 m in KLM26-021, and 2.27 g/t Au over 9.1 m from 37.9 m in North Zone hole KLM26-023, an 80 m step out. Six holes at the MZ Zone and four regional holes southwest of Mirado intersected intense alteration and sulphide mineralization, with 22 holes awaiting assay.

Athena Gold reported a new near-surface gold discovery, the Scooby Zone, at its Laird Lake project in Ontario's Red Lake Gold District, with discovery hole LL-26-006A returning 23.85 g/t Au over 5 metres from 21 metres downhole, including 62.9 g/t Au over 1 metre and 54.1 g/t Au over 1 metre. Mineralization was also intersected in a roughly 400-metre vertical step-out hole, with follow-up planned for Fall/Winter. Libra holds over 4.4 million Athena shares, representing more than 12% of shares outstanding.

Drilling at the Zavitz gold zone on the 100%-owned Moray gold project, 49 km south of Timmins, Ontario, returned 5.28 g/t Au over 11.2 metres from 160.3 metres in hole NBR-26-27 (including 26.50 g/t Au over 0.7 metres) and 3.95 g/t Au over 14.0 metres from 150.0 metres in NBR-26-28. Results cover the first six of 10 holes totalling 1,996 metres; assays for the remaining four holes (1,198 metres) are pending. Drilling is expected to resume in early September 2026.

Infill reverse circulation drilling at the Goldboro Gold Project in Nova Scotia returned 5.26 g/t gold over 7.0 m from 41.0 m (including 31.29 g/t over 1.0 m) in RC-26-226 and 7.08 g/t over 5.0 m from 9.0 m in RC-26-195, with other intercepts including 14.97 g/t over 2.0 m and 18.54 g/t over 1.0 m. Results cover 3,591 m from 85 holes in the west pit area. The program was expanded from 30,000 m to 40,000 m following a $10M flow-through financing and is over 76% complete, continuing through Q3 2026. Results will not be included in the updated Feasibility Study due later in 2026.

Underground access has been re-established at the Rainbow Block Silver-Zinc Project in the Butte Mining District, Montana, following rehabilitation of the historic Chief Joseph Portal, measuring approximately 12 feet wide by 14 feet high. MSHA has issued Federal Mine ID No. 24-02827 under the name Silver Bow Mine, authorizing underground activities. Next steps include rehabilitating the Chief Joseph Decline and establishing underground drill stations on the 200 Level, plus surface preparation for a new 16.5-foot by 16.5-foot Rainbow Portal about 1,000 feet north.

Drilling at the Cowley prospect on the Whitehorse Copper Project in Yukon (28 holes for 4,218 m) returned CPG-158: 49m @ 1.72% Cu, 0.27 g/t Au, 11.44 g/t Ag and 800 ppm Mo from 74.0m, including 40m @ 1.98% Cu, 0.31 g/t Au, 13.29 g/t Ag and 920 ppm Mo from 76.0m; CPG-129D1 returned 55.5m @ 1.10% Cu from 87.5m and CPG-153 72.8m @ 0.62% Cu from 57.2m. The Cowley program has been expanded from 8,000 m to more than 14,000 m, with a second rig mobilizing before the end of August.

Drill hole MC26-340 at the Argus Main zone of the 100%-owned Munro-Croesus Project, 75 km east of Timmins, Ontario, returned 1.7 g/t Au over 67.0 m, including 4.1 g/t Au over 24.5 m, 13.2 g/t Au over 6.0 m and 73.4 g/t Au over 1.0 m with visible gold, while MC26-329 returned 0.7 g/t Au over 144.5 m. Six holes extended the Argus West corridor about 100 m west-southwest. The 110,000 m program is about 75% complete, with 206 holes totalling 82,700 m drilled, four rigs operating and approximately $14 million in cash.

Hole LL-26-006A at the Laird Lake project in Ontario's Red Lake Gold District returned 23.85 g/t gold over 5 m from 21.0 m to 26.0 m, including 62.9 g/t over 1 m and 54.1 g/t over 1 m, defining the newly named Scooby Zone. The zone was also cut in LL-26-008 about 400 m vertically below, grading 8.03 g/t over 0.62 m within 1.37 g/t over 4.5 m from 609.5 m. The nine-hole, 5,134-metre maiden program will be followed by roughly 10,000 m of drilling this fall/winter.

Step-out hole NAK26-87 at the NAK copper-gold porphyry project in British Columbia's Babine Porphyry District returned 1,001 metres of 0.46% CuEq from surface, including 218 metres of 1.01% CuEq, the longest mineralized intercept drilled at NAK. The hole steps out 150 metres northwest of NAK25-78 (802 metres of 0.71% CuEq). Three western holes returned 109 metres of 0.40% CuEq (NAK26-84), 555 metres of 0.30% CuEq (NAK26-88) and 151 metres of 0.25% CuEq (NAK26-86). Five holes of roughly 80 planned in 2026 have been reported.

More than 25,000 metres of drilling across over 100 holes has been completed at the Scottie Gold Mine Project, 35 km north of Stewart, British Columbia, representing about half of the fully financed 50,000-metre 2026 program. Eight diamond drills are turning, seven at Scottie Gold Mine and one at Cambria, where first-ever drilling has begun targeting 2,000–3,000 metres; roughly 2,000 metres have been drilled at Domino. Assay results are expected in the coming weeks, with a Feasibility Study targeted for H1 2027.

Drill results from 29 diamond holes at the Main Zone of the Kyzyltash Sulfide Gold Project in Jalal-Abad Oblast, western Kyrgyzstan, covering 3,640 m of strike from Line 1480 to Line 5120, included 212.5 m at 1.68 g/t gold from 34.5 m in hole DH26M687, 39.0 m at 4.79 g/t (including 6.0 m at 22.23 g/t) in DH26M686, and 47.0 m at 3.95 g/t in DH26M818. Contact Zone assays are pending, with six rigs drilling there; since July drilling shifted mainly to in-fill for a pre-feasibility study.

Core hole T2601 at the SSD Target, Toiyabe Hills Property, Lander County, Nevada intersected 12.0 metres of 8.06 g Au/t within 27.0 metres of 3.72 g Au/t in micrite and silty limestone of the Wenban Formation, with the higher-grade interval controlled by a high-angle fault zone. The hole was drilled to approximately 123 metres total depth. A deep-capacity RC rig has arrived and is drilling T2603; results from core hole T2602 are pending. Westward also engaged Senergy Communications Capital for four months of digital marketing services for C$100,000.

The first three drill holes from the Dragonfly Zone at the Mojave Project in Inyo County, California returned 39.62m of 5.35 g/t Au from 51.82m in DF26-020, including 25.91m of 7.14 g/t Au; 10.67m of 7.75 g/t Au from 16.76m in DF26-019; and 18.29m of 3.77 g/t Au from 27.43m in DF26-018. All three were drilled from site DF-A, a 40m step north of 2020 hole DF20-002 (45.72m of 6.68 g/t Au). 15 holes totalling 2,630m are complete of a fully permitted 14,000m program, with assays pending from 12 holes.

Step-out hole NAK26-87 at the NAK copper-gold porphyry project in British Columbia's Babine Porphyry District returned 1,001 metres of 0.46% CuEq from surface, including 218 metres of 1.01% CuEq, the longest mineralized intercept drilled at NAK, located about 150 metres northwest of NAK25-78. Three western holes, NAK26-84, -86 and -88, returned 109 metres of 0.40% CuEq, 151 metres of 0.25% CuEq and 555 metres of 0.30% CuEq respectively. Results are from five holes of an approximately 80-hole 2026 program.

Phase II drilling at the Bertha North target in southern British Columbia has completed 1,733 m of a planned program of up to 6,000 m, with the first four holes intersecting native copper, chalcopyrite and chalcocite in veinlets. Hole 26-KO-03 cut an interpreted K-feldspar-dominant potassic-altered intrusive from about 425 to 444 m within a roughly 104 m sericitic envelope, ending at about 609 m. Hole 26-KO-04 is at about 180 m; assays from the first three holes are pending.

Drilling at the Bertha North target in southern British Columbia has completed 1,733 m of a planned fully funded Phase II program of up to 6,000 m, with the first four holes intersecting chalcopyrite, chalcocite and native copper in cross-cutting veinlets. Hole 26-KO-03 entered an interpreted K-feldspar-dominant potassic-altered intrusive from approximately 425 to 444 m within a ~104 m sericitic envelope, ending at about 609 m. Hole 26-KO-04 is at roughly 180 m. Assays from the first three holes are pending.

First assays from eight of 16 Phase III holes at the La Manchuria gold-silver project in Santa Cruz, Argentina returned 2 metres at 80.54 g/t gold and 44.5 g/t silver in hole LMD-148, 2 metres at 26.23 g/t gold in LMD-143, 0.58 metres at 20.94 g/t gold in LMD-144, and 1 metre at 15.85 g/t gold and 219.8 g/t silver in LMD-142; assays for eight holes remain pending. The 16 holes totalled 5,176 metres, drilled April–June 2026, with Phase IV scheduled to begin in early October. Astra also exercised its First Earn-In on August 11, 2026, acquiring an 80% interest from Patagonia Gold after spending over US$3,000,000, with an option for a further 10% for US$5,000,000 by August 11, 2028.

A ~2,500 m drill program has started at Pacific Ridge's 100%-owned Kliyul copper-gold project in British Columbia's Quesnel terrane, running alongside the ~3,000 m program underway at the RDP project about 40 km west. Drilling will target M39, a previously undrilled area associated with a one-km long copper and gold soil anomaly. Kliyul's Main Zone hosts an Inferred resource of 334.1 Mt grading 0.33% CuEq, or 2.42 billion pounds CuEq.

Drillhole AX-26-874 at the Powerline North area of the AurMac Project in Yukon returned 13.03 g/t Au over 14.2 metres, including 142.70 g/t Au over 1.0 metre, plus 0.80 g/t Au over 54.5 metres. Other holes returned 1.86 g/t Au over 13.9 metres (AX-26-840), 1.42 g/t Au over 13.5 metres (AX-26-871) and 1.17 g/t Au over 11.2 metres (AX-26-832). The intercept extends mineralization toward the largely undrilled gap between the Powerline and Airstrip deposits, an area currently classified as unmineralized in the resource model.

Drilling has commenced at the Lentung tungsten project in the Northwest Territories, the first drilling on the property since 1982, with the diamond drill crew arriving August 14 and collaring the first hole. The 2026 program totals approximately 10,000 metres, comprising about 4,000 metres of diamond drilling to confirm historic Union Carbide results and 6,000 metres of reverse circulation drilling in the Central Zone, with the RC rig mobilizing August 18. Rackla targets a NI 43-101 technical report in Q1 2027.

Rock sampling at the 100%-owned Pine Channel gold property, about 40 km west of Stony Rapids, Saskatchewan, returned up to 269 g/t Au from a grab sample at the Vein 3 trench, with 13 of 55 samples above 1 g/t Au and three above 100 g/t Au, including 130.50 g/t Au at North Norite Bay and 118.0 g/t Au at Algold Bay. Data interpretation is underway to prioritize diamond drill targets. Refined Energy Corp. has terminated its option on the Dufferin uranium project.

Drill hole TM21-107X, an extension of TM21-107 at the Bench Target on the Tower Mountain Property 40 kilometres west of Thunder Bay, Ontario, returned 228.5 metres averaging 0.557 g/t Au, with the combined TM21-107/107X intersecting 340.4 metres averaging 0.530 g/t Au. The hole lies within the 2026 MRE optimized pit limit and targeted inferred resources for conversion to indicated. True width cannot be estimated. Two drills are operating 24/7, with infill drilling expected to finish by the end of September.

Geochemical assay results from the 2026 winter drill program at the West McArthur Project in the southeastern Athabasca Basin, Saskatchewan, included 5.4 m at 1.48% U3O8 in WMA101-02 (including 0.5 m at 8.42%) and 0.5 m at 2.89% in WMA100-02; ten of twenty-four unconformity tests contained uranium mineralization, with the hydrothermal system now defined over 1.3 kilometres of strike. CanAlaska holds 88.89% of the project, a joint venture with Cameco, and reports over $25 million in treasury. Rebecca Kupchinski was hired as Exploration Manager.