GoldVenture Weekly

Drilling at the Moosehead zone of the Treasure Island Project in central Newfoundland returned 30.6 g/t Au over 1.35m, including 89.7 g/t Au over 0.40m, in Eastern Trend hole PGC-26-112, and 4.25 g/t Au over 6.65m, including 40.8 g/t Au over 0.50m, in Western Trend hole PGC-26-087. A newly identified Caribou Fault, about 150m west of and parallel to the Western Trend Fault, was tested by 19 shallow holes over 400m of strike, with eight returning gold, including 2.88 g/t Au over 2.45m in PGC-26-100. Pirate Gold also engaged ICP Securities for automated market making at C$7,500 monthly, starting August 28, 2026, for four months.

Mapping and sampling at the Big One property in B.C.'s Golden Triangle have linked the Big Mac, Whopper and Gold Dome zones into a 22 km2 Eldorado System, with grab samples up to 263.70 g/t AuEq (8.48 oz/t) and channel cuts up to 4.89 g/t AuEq over 5.21 m from more than 400 veins. Additional claims expanded the Gold Swarm area from 1 km2 to 3 km2, where grabs assayed up to 231.81 g/t AuEq. A 5-year advanced exploration drill permit was received.

Diamond drilling has begun at the Vumba Gold Project in Botswana, with a planned program of approximately 3,000 meters of HQ diamond drilling across ten holes using oriented core to test the orientation, continuity and plunge of mineralized structures across three priority structural corridors (Central, South and North). The first hole, VUDD017, is testing the Central corridor. An airborne geophysical survey at the Maitengwe Gold Project has been completed and results are being processed.

The first field exploration program at the 100%-owned Yava Project in Nunavut has been completed, consisting of geological mapping and systematic sampling of the Main Zone area, nearby historic occurrences and untested regional VTEM targets, led on the ground by APEX Geoscience. The 5,218-hectare property hosts a historical, non-NI 43-101 compliant resource estimate of 1.3 Mt grading 106.8 g/t silver, 1.03% copper, 4.96% zinc, 1.60% lead and 0.30 g/t gold. Samples have been sent to an accredited lab in Yellowknife for geochemical analysis, with results to be used to rank targets for potential future drilling.

Drill hole MM-26-42 at the Mary March Project in Newfoundland's Buchans district returned 15.6 m of massive sulphide grading 2.3% CuEq from 467.4 m, including 9.75 m at 3.3% CuEq and 5.0 m at 3.9% CuEq. All four holes of the 2,756 m Phase 1 program intersected mineralization, with assays pending for three holes through September. Glencore's legacy joint-venture interest converted to a 2% NSR royalty, and a fall drill campaign is targeted to begin in October.

Mobilization has begun for an inaugural 10,000 metre drill program at the 100%-owned Big One property in B.C.'s Golden Triangle, targeting the largest veins within the 22 km2 Eldorado zone. Surface grab samples there assayed up to 263.70 g/t AuEq and channel cuts up to 4.89 g/t AuEq over 5.21 m from more than 400 veins up to 10 m wide. Holes will test the Whopper, Big Mac and Gold Dome zones and a possible magmatic source at depth. A 5-year drill permit is valid until March 31, 2031.

A fully funded 10,000 m inaugural drill program is planned for the 100%-controlled Big One property in British Columbia's Golden Triangle, targeting high-grade gold-silver-copper shear-hosted veins in the 22 km2 Eldorado System and 3 km2 Gold Swarm discovery. Eldorado grab samples assayed up to 263.70 g/t AuEq (256.60 g/t Au, 546.00 g/t Ag, 0.43% Cu) and Gold Swarm up to 231.81 g/t AuEq. A five-year drill permit valid to March 31, 2031 was received.

A petrographic study by the Colorado School of Mines on the 100%-owned Big One property in B.C.'s Golden Triangle found free milling gold up to 150 microns in size, with grains of 80-90 wt% gold and 10-20 wt% silver, and no deleterious elements such as mercury or arsenic. Fluid inclusions containing liquid and gaseous CO2 indicate a magmatic, potentially porphyry, source. A fully funded 10,000 m maiden drill program is slated to start in May 2026, under a drill permit valid to March 31, 2031.

Drilling has begun at the Opinaca gold project in Quebec's James Bay region, with 4,400m planned across 11 holes of 350-490m each, using two rigs. Seven holes (2,900m) are prioritized at the Western target across 5km of trend, including a completed three-hole fence 700m west of hole 25OPDD007, which returned 13.88g/t Au over 3.65m in 2025; two holes (800m) will test the never-drilled Eastern target 12km east. Drilling is expected to finish by mid-September, with assays in the fall.

Drilling has begun at the 100%-controlled Big One property in B.C.'s Golden Triangle, with a fully funded ~10,000 metre inaugural program using two rigs to test veins in the 22 km2 Eldorado zone, targeting the Whopper, Big Mac and Gold Dome (XXXL) zones. Surface grab samples there assayed up to 263.70 g/t AuEq and channel cuts up to 4.89 g/t AuEq over 5.21 m. The company also granted 2,200,000 stock options at $1.61, exercisable for ten years and fully vested.

Drill hole BO-26-11 at the Whopper Zone returned 3.08 g/t Au over 5.03 m, including 6.97 g/t Au over 2.00 m, on the 100%-controlled Big One property in British Columbia's Golden Triangle, while BO-26-4 at the Big Mac Zone returned 3.20 g/t Au over 4.02 m, including 10.76 g/t Au over 1.09 m. Results reflect gold only; 30 holes totaling 13,015 m are complete, with gold assays pending on 17 holes and multi-element assays on 30.

Phase 2 diamond drilling has begun at the Opinaca Project in Quebec's James Bay region, under a $3.9 million 2026 summer exploration budget approved by Targa Exploration Corp, covering up to 4,400m of drilling plus geological mapping and prospecting. Drill hole fences spaced 0.5–1km apart will follow up the maiden Q4 2025 program, with drilling expected to conclude in early September. Kenorland is operator and holds a 3% NSR royalty on the Targa-owned, 85,267-hectare project.

Drill hole GW26-36 at the 100%-owned Goodwin copper-nickel-cobalt project in the Bathurst Mining Camp, New Brunswick, cut a 67.4 metre zone of pyrrhotite-chalcopyrite mineralization from 124.4 m to 191.8 m, including several massive sulphide intervals, in a new area 2,000 metres northwest of the Logan zone; GW26-37 cut massive sulphide at 162.5–162.9 m and GW26-38 netted-texture mineralization from 269.6–272.8 m. Observations are visual and unconfirmed by assay; 992 core samples from 12 holes were submitted. Drilling resumes next week to complete the 7,000 metre program, supported by a $60,000 New Brunswick grant.

Final Phase VI assays from the Valeriano copper-gold project in Chile's Atacama Region extended the high-grade B2B breccia about 200 metres south in ATXD19A, which returned 64m of 1.01% CuEq within 228m of 0.84% CuEq, increasing interpreted strike length by roughly 50% to about 600 metres. ATXD19B, wedged from ATXD19A, ended in mineralization with 37m of 1.72% CuEq within 446m of 0.74% CuEq. Other holes returned 884m of 0.79% CuEq (ATXD25E) and 10m of 2.22% CuEq (ATXD31B), with new porphyry vectors identified more than 400 metres north. Phase VII drilling will begin shortly ahead of an updated mineral resource in 2H 2027.

Drilling at the Mirado gold system on the KL South property, 18 km south of Kirkland Lake, Ontario, returned 2.13 g/t Au over 29.0 m from 173 m (including 3.37 g/t Au over 17.5 m) in hole KLM26-029 and 2.11 g/t Au over 14.1 m from 157 m (including 2.74 g/t Au over 10.1 m) in KLM26-031, extending the South Zone westward. KLM26-027 returned 4.76 g/t Au over 6.65 m from 8 m, and KLM26-028 returned 3.89 g/t Au over 2.14 m from 401.3 m, extending the North Zone to about 365 m vertical depth. Assays are pending for 19 additional holes.

Drill hole NB26-003 at the New Boston porphyry-skarn project in west-central Nevada returned 0.77% CuEq over 317 m starting at surface and 0.48% CuEq over 419 m from 460 m, including 0.98% CuEq over 31 m at 604 m in a newly identified diorite porphyry intrusion and skarn, and 33.43% CuEq over 2 m at 535 m on 1.48% WO3, 0.32% Cu and 427 g/t Ag. The 881 m hole ended in mineralization due to instability, with 0.35% CuEq over 7 m at 858 m.

A fully funded first phase of helicopter-supported drilling is planned for late September on multiple targets at the previously undrilled Mystery Property, part of the 28,238 hectare (282 km2) four-property Nechako Project in west-central British Columbia, following a June Induced Polarization survey that outlined porphyry Cu-(Mo±Au) targets. Field work in June and August covered the Hanson, Fox-Coconut and newly added Chaplin properties, with copper mineralization found at Chaplin. July work at Duncan Lake found new zinc and lead showings, and crews sampled a 2-3 metre garnet-diopside horizon at the Downie Gold Property's FIM tungsten skarn.

Drilling at the Golden Summit project in Alaska returned 143.7 m grading 3.59 g/t Au from 758.0 m to the end of hole GS2638, including 3.0 m at 141.3 g/t Au from 779.0 m, while GS2630 cut 523 m at 0.75 g/t Au from 385 m and GS2623 returned 134.4 m at 1.12 g/t Au from 260 m. Six rigs are operating on infill, geotechnical and metallurgical work supporting an updated resource estimate for a targeted 2027 PFS.

A re-interpretation of historical assay data from drill hole MERC-011 at the Mercy concession of the 100%-owned Pijilí Project in central Ecuador identified a previously unreported 2.00 metre sub-interval (18.30–20.30 m) grading 1.80% W (2.27% WO3), 740 g/t Ag, 0.63% Cu, 0.07 g/t Au and 0.02% Mo. It sits within an 18.55 m interval of 0.99% Cu, 189.8 g/t Ag and 0.23% W, part of a 151.81 m intercept. Surface sampling shows a 600 m x 450 m tungsten anomaly; no resource has been estimated. Next steps include detailed mapping and defining drill targets.

A non-brokered private placement of up to 18,750,000 units at CDN$0.16 per unit for gross proceeds of up to CDN$3,000,000 is planned, each unit comprising one common share and one-half warrant exercisable at CDN$0.24 for 36 months. Proceeds will fund follow-up drilling at the Midway Hills gold discovery and advance the 100%-owned Tonopah Gold Project in Nevada toward permitting, including engineering, environmental baseline studies and a Mine Plan of Operations. Dundee Corporation, holding about 19.9%, intends to participate pro rata; closing requires TSX Venture Exchange approval.

Cumulative 2026 royalty receipts from Armstrong Mining Corp.'s placer operations at the Montana Creek Placer Property reached 377.7 ounces of placer flake gold at roughly 82% purity to August 23, 2026, up 201.6 ounces since July 23, 2026, credited as approximately 306 ounces of refined gold at 99.99% purity. Phase 2 of the 2026 diamond drill program, up to 8,000 metres, begins in September 2026 at the 100%-owned Klondike District Project, Dawson Mining District, Yukon. Hyperspectral scanning of 22,352.1 metres of core is complete; assays from Phase 1's 7,697.17 metres in 34 holes are pending, with an updated Mineral Resource Estimate targeted for the first half of 2027.

Assay results from RC drill holes LG26-021 and LG26-022, part of Phase 2 of the 2026 drill program at the Baner Gold Mine Property in Idaho County, Idaho, include 0.67 g/t gold over 50ft (15.2m) and 0.39 g/t over 200ft (61.0m). The results extend the Main Zone width to 1,020ft (310m).

Rock sampling at the Morningstar target in Inyo County, California returned 2,737 g/t Ag, 4.37 g/t Au and 2.42% Cu and 1,420 g/t Ag, 7.44 g/t Au and 1.34% Cu from the Ignacio target, plus 618 g/t Ag and 23.2% Cu from the R Zone. Of 613 rock samples collected in June and July 2026, 232 exceeded 0.10 g/t Au, 96 exceeded 10 g/t Ag and 66 exceeded 0.2% Cu. Morningstar lies about 7 kilometres from the Eastside Gold Trend at the Mojave Project.

Column leach tests on three oxide samples from the Car Body Zone at the Gabbs gold-copper project in Nevada returned average gold recovery of 78.3% at 7 days, 92.7% at 39 days and 95.6% at 73 days. Metallurgical drill hole GBD-011 cut 0.76 g/t gold over 39.62 metres from 9.14 metres, including 13.72 metres at 1.62 g/t, and GBD-013 cut 0.78 g/t over 28.19 metres. An updated mineral resource estimate is now expected in the fourth quarter, with a feasibility study in the first quarter of 2027.

Drilling at the Black Creek target on the 99,840-acre Flat Gold Project in southwest Alaska returned 5.09 g/t Au over 21.34 m, including 17.34 g/t Au over 6.10 m, in RC hole CMR26-152; CMR26-153 returned 1.89 g/t Au over 57.91 m, including 2.75 g/t Au over 38.10 m; and diamond hole CMD26-041 returned 16.73 g/t Au over 2.20 m, including 29.91 g/t Au over 1.22 m. Both RC holes ended in mineralization, and assays are pending from six additional holes.

Infill drilling at the Eau Claire gold project in the Eeyou Istchee James Bay region of Quebec returned 14.41 g/t gold over 3.92 m and 7.74 g/t over 1.96 m in hole 26EC-125, 4.49 g/t over 2.94 m in 26EC-118, 2.07 g/t over 4.94 m in 26EC-129, 2.88 g/t over 8.00 m in 26EC-115, and 5.07 g/t over 6.00 m in 26EC-120. The Phase 2 program has drilled 35 holes totalling 15,047 m, with assays available for 22 holes (11,423 m), targeting conversion of inferred resources ahead of pre-feasibility in 2027.

Core hole T2602 at the SSD Target on the Toiyabe Hills Property in Lander County, Nevada returned 34.9 metres of 2.91 g Au/t, including 4.1 metres of 16.15 g Au/t, hosted in silty limestone of the Wenban Formation. T2601 and T2602 were drilled to total depths of 123 and 116 metres and confirmed a lamprophyre-filled fault corridor. The first RC hole, T2603, was completed to 396.2 metres, with four additional deep RC holes planned.

Drilling at the Duquesne West Project in Quebec returned 20.1 m grading 5.0 g/t Au from 436 m (375 m vertical depth) and 12.4 m at 1.6 g/t Au in hole DQ26-46, plus 3.0 m at 2.7 g/t Au from previously unsampled historical core. Assays have been received for 38 of 66 holes, about 12,128 m or 59% of the 20,479 m drilled in the completed 2026 program. The property hosts an inferred resource of 26.9 Mt at 1.69 g/t Au for 1.46 Moz gold.

Administrative Mining Contracts covering the approximately 39 km² Carangas Silver-Gold Project in Oruro Department, Bolivia were signed with AJAM on August 21, 2026, carrying a 30-year fixed term and converting the project's prior Prospecting and Exploration Licences; the contracts now go to the Plurinational Legislative Assembly for ratification. The 2026 drill program starts the week of September 8, 2026, covering approximately 30,000 metres, including about 25,000 metres to upgrade silver and gold zone resources.

Seven diamond drill holes (S-063, S-064, S-065, S-066/66A, S-067 and S-069) totalling 2,489 metres have been completed at the northeast extension of Star Main at the Star Project in British Columbia's Golden Triangle, with assays pending for all holes. Logging identified potassic alteration, quartz-sulphide veining and chalcopyrite mineralization, from near surface in S-066A to below 300 metres in S-067, the program's deepest hole at 482 metres. The step-outs are anchored by historic hole S-025 (269 metres at 0.42% copper and 0.198 g/t gold from 7 metres) and 2025 hole S-054A (183 metres at 0.28% CuEq from 26 metres). The holes form part of a fully funded 15,000 metre 2026 drilling program.

Drillhole CDH011 at the Cobrasco copper-molybdenum porphyry project in Chocó, Colombia returned 400m @ 0.46% Cu, 60ppm Mo and 1.1g/t Ag from 32m, including 206m @ 0.67% Cu, 35ppm Mo from 32m, 40m @ 0.87% Cu from 32m and 54m @ 0.76% Cu from 184m. A further 290m @ 0.25% Cu and 93ppm Mo was intersected from 302m. Eleven holes have delineated a footprint of about 1,200m by 550–700m; a second rig is to be mobilized.

Drill hole SPD074 at the Consols Zone, Spur Project in New South Wales returned 12.7m @ 1.35 g/t Au from 44m, including 5.0m @ 3.24 g/t Au, plus deeper intercepts of 23.5m @ 2.12 g/t Au from 563m, 185m @ 0.94 g/t Au from 646m and 74.9m @ 0.98 g/t Au from 845.1m, extending mineralisation 75m east and down plunge. At Spur, SPD088 returned 190m @ 0.45 g/t Au from 419m, extending mineralisation 50m north along the Tywi Fault, while SPD081 extended it 65m north. Drilling continues at Spur, Consols and Ironclad under an 80,000m program.

Assay results from six holes (26MJ012–26MJ017) at the 100%-owned Mustajärvi Gold Project near Kittilä, Lapland, Finland included 14.1m at 4.32 g/t gold from 28.0m in 26MJ016, including 3.1m at 8.63 g/t. Hole 26MJ012 returned 3.3m at 7.66 g/t from 80.7m, 2.0m at 14.72 g/t from 102.0m and 9.2m at 1.17 g/t; 26MJ015 cut 10.0m at 1.44 g/t and 26MJ017 1.0m at 17.65 g/t. Total drilling on the project now stands at 27,355 metres.

Drill hole NAK26-89 at the NAK copper-gold porphyry project in British Columbia returned 411 metres of 0.43% CuEq from 47 metres downhole, within a broader 880 metres of 0.30% CuEq, with mineralization open to the east. The hole is the season's first test of the southern margin of the Babine porphyry stock and extends near-surface mineralization 250 metres east of the South Zone, linking to NAK25-62's 140 metres of 0.74% CuEq. Eighteen of 80 planned holes in the 55,000-metre program are complete.

Drilling at Zone 4 of the Goldlund Deposit, part of the Goliath Gold Complex in Northwestern Ontario, returned 3.08 g/t gold over 17.0 metres in GL-26-026, 4.80 g/t over 5.6 metres in GL-26-025, 84.30 g/t over 1.0 metre in GL-26-022, and 1.85 g/t over 12.5 metres in GL-26-020. Results cover 4,686 metres in 11 holes. Having completed the initial 25,000-metre program, NexGold has expanded drilling to approximately 35,000 metres, continuing through fall 2026.

The first drillhole at the Seattle Creek zone on the Nitra Project in Yukon's Mayo Mining District, 25 km west of the AurMac Deposit, returned 0.91 g/t gold and 27.01 g/t silver over 12.1 m from 41.7 m, including 4.04 g/t Au over 1.4 m, within which 0.5 m returned 5.70 g/t Au and 544 g/t Ag. Only the top 95 m of the 600 m hole NT-26-006 has been assayed; remaining assays are pending. Seattle Creek is the second of eleven targets being drill tested in 2026, with more than 7,500 m planned.

Assay results from eight surface diamond drill holes totalling 2,980 m at the San Antonio West (SAM W) target on the wholly-owned True North Gold Project in southeast Manitoba included 11.31 g/t Au over 1.70 m (including 16.20 g/t Au over 0.80 m) in TN-26-073, 6.79 g/t Au over 2.40 m in TN-26-082, 5.72 g/t Au over 3.00 m in TN-26-089 and 11.80 g/t Au over 0.50 m in TN-26-097. Mineralization is confirmed over a 500 m strike length and to over 600 m down-plunge. An updated global resource estimate is expected in the fourth quarter of this year.

A 6,600-line km fixed-wing airborne magnetic and radiometric survey began August 17 over the 29,300-hectare Reindeer Gold Property in Saskatchewan's La Ronge Gold Belt, flown by Special Projects Inc. and continuing for the next few weeks. At the Contact Lake Gold Project, the 20,000-metre summer drill program is almost halfway complete with assays pending, alongside a roughly 9,000-sample soil and prospecting program covering Contact Lake and Preview. The July 24, 2026 grant of 1,525,000 options and 1,107,500 DSUs requires shareholder approval.

Drilling at the Duquesne West Project near Rouyn-Noranda, Quebec returned 20.1 m grading 5.0 g/t Au from 436 m (375 m vertical depth) in hole DQ26-46, along with 12.4 m at 1.6 g/t Au and 3.0 m at 2.7 g/t Au from previously unsampled historical core. Assays have been received for 38 of 66 holes, about 12,128 m of the 20,479 m drilled in the 2026 program. The project hosts an inferred resource of 26.9 Mt at 1.69 g/t Au for 1.46 Moz gold, with a PEA planned.

Drill hole NAK26-89 at the NAK copper-gold porphyry project in British Columbia returned 411 metres of 0.43% CuEq from 47 metres downhole, within a broader 880 metres of 0.30% CuEq, with mineralization open to the east. The hole is the first 2026 test of the southern margin of the Babine porphyry stock and extends near-surface mineralization 250 metres east of the South Zone, linking to NAK25-62's 140 metres of 0.74% CuEq. American Eagle has completed 18 of a planned 80 holes (55,000 metres), running to at least April 2027.

A new high-grade gold-antimony pod has been identified in the Cuffley Lode infill area at the Costerfield property in Victoria, Australia, in a sparsely drilled zone previously thought to be low grade. Assays include 580.9g/t gold and 24% antimony over 0.61m (ETW 0.54m) in AD270, 168.9g/t gold and 33.5% antimony over 0.9m in AD265, and from the Sub KC domain 192g/t gold over 0.17m in CSK043. The Cuffley pod is accessible from existing infrastructure and is being added to the mine schedule.

Grab sampling from the 2026 Phase 1 field program at the TPK Project in northern Ontario returned up to 17.96 g/t Au at Rowlandson Lake historical trenches, 10.69 g/t Au at the newly discovered 70-metre-long Sidewinder Zone, and float boulders of 144.68 g/t Au and 28.48 g/t Au at Gold Ridge. Ground EM and gravity surveys identified a new target about 250 metres north of hole GR-25-012. Drilling, rescheduled from summer due to wildfires, is planned for fall.

Assay results from 14 diamond drill holes at the Southwest Deposit of the 100%-owned Clarence Stream gold project in New Brunswick include BL-328 with 2.0 g/t Au over 68.0m (including 54.4 g/t Au over 1.0m) and a further 1.0 g/t Au over 52.0m starting 7.0m below. BL-311 returned 3.3 g/t Au over 23.0m, 6.3 g/t Au over 5.0m and 9.0 g/t Au over 3.0m; BL-329 returned 3.2 g/t Au over 11.0m and BL-294 2.3 g/t Au over 16.0m. Infill drilling is at roughly 25-metre spacing as the PEA advances.

Step-out drilling at the Surebet discovery on the 100%-owned Golddigger Property in B.C.'s Golden Triangle expanded the Golden Gate Zone footprint to 1.17 km2 from 0.85 km2 (38% increase) and the Bonanza Zone to 1.51 km2 from 1.27 km2 (19% increase), bringing the total Surebet footprint to 2.01 km2 from 1.8 km2. Golden Gate gained 1,020 meters and Bonanza 910 meters in 2026; assays are pending. Hole GD-26-424 returned 10.90 g/t AuEq over 6.00 meters. Gold visible to the naked eye was seen in 34 of 59 holes, with 34,990 meters drilled of a planned 98-hole, roughly 50,000-meter program.

A sample over a 0.60-metre width from the newly re-opened Kelly Vein at the Mercedes Au-Ag property in Peru's Junin Department returned 3.16 grams Au/mt, 8.42 ounces Ag/mt, 0.58% Pb and 4.88% Zn, and a large sample was collected for metallurgical testing. Extraction has begun on the Victor II Vein, with a random grab sample of stockpiled material assaying 5.88 grams Au/mt, 5.55 ounces Ag/mt, 4.95% Pb and 7.07% Zn, destined for a pilot bulk sample test at the Aguila Norte plant. A 225-metre drift to crosscut the Kelly, Victor 1 and Victor II veins is planned, pending permits.

Assay results from five drill holes (ONED26-010 to ONED26-014) at the 100%-owned Osena Project in Papua New Guinea traced the Megabe structures over more than 300 metres of confirmed strike, with all five holes intersecting mineralised structures and the structures remaining open along strike and at depth. ONED26-011 returned 5.1 m at 1.79 g/t AuEq from 313.3 m, including 3 m at 2.66 g/t AuEq, in a potential fourth mineralised zone; ONED26-010 returned 18 m at 0.25 g/t AuEq on a separate structure southwest of Megabe. Next holes will test below and down-plunge southeast of ONED26-009.

Seven diamond drill holes totalling 2,700 metres were completed at the Andrei copper-gold porphyry target on the 100%-owned Newmont Lake Project in British Columbia's Golden Triangle, testing two chargeability anomalies within a greater than four-kilometre combined chargeability and magnetic anomaly. AD-03 intersected porphyry-style alteration and quartz-sulphide veining increasing downhole, while AD-04 (63 m to 92 m) and AD-06 (436 m to 444 m) cut low-sulphidation epithermal veining and breccias. Assays are pending later in the year; Phase 2 work includes a planned 20 line-kilometre IP survey.

A sonic drilling program on the historic tailings of the former Con Mine in Yellowknife, NWT, part of the Con Mine Option, is scheduled to start the first week of September, comprising approximately 148 holes on 40 m by 40 m spacing to average depths of 20 to 30 metres, with 1 metre samples processed at ALS labs. The Board also granted options on up to 3,800,000 common shares at C$0.205 for five years.

Final drill results from the 2026 campaign on the Caneleira Mining Concession at the Lavras do Sul Project in Rio Grande do Sul, Brazil, include hole 26CN044 with 24.30 g/t gold over a drilled width of 9m from 87m, including 99.56 g/t over 0.85m, and near-surface hole 26CN051 with 9.31 g/t over 4m from 10m. At Caneleira East, hole 26CNO022 returned 2.51 g/t over 22m from 78m. Assays for 6 holes remain pending; an initial Caneleira resource estimate is planned.