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Freegold Drills 1.28 g/t Au over 49.3m in New Tamarack Zone at Golden Summit and 0.91 g/t Au Over 150.9m at Cleary

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Highlights:  

  • New Zone at Tamarack 1.28 g/t Au over 49.3m – 400m to the east
  • Cleary Zone 0.91 g/t Au over 150.9m – zone broadening at depth

The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization

Freegold Ventures Limited (‘Freegold’) (TSX: FVL,OTC:FGOVF) (OTCQX: FGOVF) is pleased to announce the successful identification of a new mineralized area at its Golden Summit project, the Tamarack Zone.

The Tamarack Zone is situated approximately 400 metres east of the Cleary Zone, extending the mineralized footprint at Golden Summit. As part of Freegold’s ongoing efforts to identify additional mineralization adjacent to the primary resource area, four drill holes were completed in the Tamarack Zone. This initiative is designed to evaluate the project’s exploration potential further and delineate the extent of mineralization. The identification of the Tamarack Zone marks a significant advancement in expanding the eastern boundaries of Golden Summit’s mineralized area. This discovery highlights Freegold’s continued success in growing the mineralized footprint at Golden Summit. The new Tamarack Zone demonstrates both grade and width comparable to previous intercepts in the resource area, suggesting the potential for a significant new mineral resource area immediately to the east.

The first hole in the Tamarack Zone, GS2536, was collared nearly 400 metres east of one of the easternmost holes in the Cleary Zone (GS2532) and intersected 1.28 g/t gold over 49.2 metres. Freegold is highly encouraged by these initial results. Assays for the remaining three holes in this new zone are pending: GS2540, GS2545, and GS2551. Freegold has planned additional drilling for 2026, targeting the area between Cleary and Tamarack, which contains substantial infill potential in previously untested areas.

Hole

Depth (m)

Dip (°)

Azimuth
(°)

From (m)

To (m)

Interval
(m)

Au (g/t)

GS2536

483.3

-70

330

103.4

113.0

9.6

0.88

279.5

281.7

2.2

23.1

362.0

411.2

49.2

1.28

452.0

473.9

21.9

0.71

The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization

Cleary Zone – GS2532 ~ 400m west of GS2536

Hole

Depth (m)

Dip (°)

Azimuth (°)

From (m)

To (m)

Interval
(m)

Au (g/t)

GS2532

785.5

-75

360

389.2

395.3

6.1

24.9

529.4

680.3

150.9

0.91

width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization

The easternmost drill hole in the Cleary Zone, GS2532, was directed north to assess the down-dip continuity of the Cleary Vein system along its eastern edge. Known for high-grade, narrow, and discontinuous veins at shallower depths, Freegold’s exploration is focusing on the potential for wider mineralized zones at depth. Drill hole GS2532 intersected a broad zone of 0.91 g/t gold over 150.9 meters, further validating the current exploration model and provided significant infill data for the upcoming resource update and pre-feasibility study (PFS).  (Section 479950E).

Drilling was completed in mid-December, with 62 holes drilled. Analytical work, cutting and sampling of the remaining drill holes, is ongoing, and further results will be reported once they have been received and validated.

Drilling is planned to re-commence in February, beginning with an initial 50,000-meter program. Comprehensive metallurgical studies and an extensive infill drilling campaign will continue to support ongoing resource modelling and the pre-feasibility study (‘PFS’). These efforts are underpinned by a highly successful equity financing round that attracted participation from over 20 institutions and secured capital for continued exploration beyond the main resource area and for completing the PFS.

About Golden Summit:
Since 2020, the Golden Summit Project has become one of North America’s largest undeveloped gold resources. The significant increase in resource ounces and grade is the result of targeted drilling campaigns from 2020 to 2024 (over 130,000 meters), ongoing improvements to geological models, and a better understanding of mineralization controls. Ongoing drilling has continued to delineate zones of higher-grade mineralization and to convert previously considered waste areas into potentially economically viable mineralized zones. Continued westward expansion has led to the discovery of new, higher-grade zones, increasing both indicated gold resources and grades. Positive metallurgical test results have also advanced the project, with recovery rates exceeding 90% achieved using sulphide-oxidizing techniques, including BIOX®, POX, and the Albion Process.  Recent test work has also included the GlassLock Process, which demonstrated that the gold grade of the concentrate can be increased with no measurable gold loss, and that a direct-to-smelter saleable concentrate can be produced while significantly lowering the arsenic content.  

As of July 2025, the current Golden Summit resource includes an Indicated Primary Mineral Resource of 17.2 million ounces at 1.24 g/t Au and an Inferred Primary Mineral Resource of 11.9 million ounces at 1.04 g/t Au, calculated using a 0.5 g/t cut-off grade and a gold price of $2,490.  Cutting, sampling, and analytical work remain ongoing. Drilling is expected to resume in February. Results from the drill programs are expected provide the basis for an updated mineral resource estimate, which will support the upcoming Pre-Feasibility Study (PFS).

Links to the Plan Map and Section 479950E
https://freegoldventures.com/site/assets/files/6287/section-479950e.pdf
https://freegoldventures.com/site/assets/files/6287/nr-2025-drilling-20260113.pdf

HQ Core is logged, photographed and cut in half using a diamond saw, and one-half is placed in sealed bags for preparation and subsequent geochemical analysis by MSA Laboratories in Fairbanks, Alaska or ALS’s facilities in Vancouver and Thunder Bay.  At MSALABS, the entire sample will be dried and crushed to 70% passing -2mm (CRU-CPA). A ~500g riffle split was analyzed for gold using CHRYSOS PhotonAssay (CPA-Au1). From this, 250g will be further riffle split from the original PhotonAssay sample, pulverized, and a 0.25g sub-sample analysed for multi-element geochemistry using MSA’s IMS230 package, which includes 4-acid digestion and ICP-MS finish. MSALABS operates under ISO/IEC 17025 and ISO 9001 certified quality systems.

Core samples were delivered to ALS’s facility in Vancouver, Canada, where each sample was crushed to 70% passing a 2 mm (Tyler 9 mesh, U.S. Std. No. 10) screen.  A representative ~500 g subsample was obtained by riffle splitting (SPL-32a) and analyzed for gold using ALS method Au-PA01, (Photon Assay) which provides a detection range of 0.03 to 350 ppm, in Thunder Bay. In addition, a subsample was analyzed for multi-element geochemistry using ALS method ME-ICP61 (34-element, four-acid ICP-AES).

A QA/QC program includes laboratory and field standards inserted every ten samples. Blanks are inserted at the start of the submittal, and at least one blank every 25 standards.

The Qualified Person for this release is Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release.

About Freegold Ventures Limited
Freegold is a TSX-listed company focused on exploration in Alaska.

Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold’s Annual Information Form for the year ended December 31st, 2024, filed under Freegold’s profile at www.sedar.com, for a detailed discussion of the risk factors associated with Freegold’s operations.

 

SOURCE Freegold Ventures Limited

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S&P Global: Fragmented Climate and Energy Strategies Will Define 2026

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Global sustainability strategies are entering a more politically complex phase in 2026 as governments and companies balance immediate economic pressures against long-term climate risks, according to S&P Global’s latest outlook on sustainability trends.

S&P Global said sustainability decision-making in 2026 will be shaped by a growing tension between near-term priorities (energy security, affordability, geopolitical risk) and longer-term realities (climate adaptation, decarbonization, resource constraints).

The result is a world moving away from multilateral coordination toward a patchwork of national and regional responses.

Regulatory fatigue reshapes supply chains, critical minerals take center stage

Trade tensions, protectionist policies, and political fatigue around sustainability regulation are pushing climate and human rights risks in supply chains out of the spotlight.

S&P Global notes that as regulatory momentum slows in some jurisdictions, companies may increasingly need to treat climate exposure as a core risk management issue rather than a compliance exercise.

The European Union (EU) remains a key exception, though its policy direction is evolving. While the bloc has introduced far-reaching disclosure and due diligence rules, it is also simplifying parts of its regulatory framework.

Meanwhile, the EU’s carbon border adjustment mechanism (CBAM), which took full effect on January 1, is expected to add at least US$15 billion in costs to imports from carbon-intensive producers, potentially reshaping global trade flows.

Furthermore, the firm said critical minerals will sit at the center of these dynamics in 2026.

Materials such as copper, lithium, and rare earths underpin electrification, clean energy deployment, and AI infrastructure, making access to them a central feature of trade diplomacy and investment.

China is expected to retain its lead in cleantech manufacturing, reinforcing its role as both a key supplier and a strategic risk for countries pursuing energy transitions.

Energy policy diverges as fossil fuels rebound, renewables expand

Another aspect of fragmentation is most visible in energy policy, where global fossil fuel demand rebounded faster than many policymakers expected after the pandemic and is projected to continue growing modestly.

In contrast, renewable energy remains the fastest-growing segment, though from a smaller base. S&P Global Energy estimates that fossil fuel demand will rise by less than 1 percent in 2026 compared with 2025, while solar and wind generation are expected to grow by more than 17 percent.

Similarly, the divergence between the world’s two largest economies is particularly stark. The US has prioritized expanding fossil fuel exports, while China continues to invest heavily across clean energy supply chains such as solar manufacturing and electric vehicles.

The report said that this same divergence leaves many countries navigating trade-offs between supply security and dependence. China continues to maintain a dominant position in clean energy technologies and has demonstrated its willingness to use export controls on strategic materials such as rare earths.

Despite continued growth in renewables, S&P Global expects 2026 to mark the first year-over-year decline in global solar capacity additions, driven largely by a slowdown in China. While overall renewable capacity will still expand, analysts said the period of uninterrupted growth is ending.

At the same time, increasing renewable penetration is pushing wholesale power prices lower in some markets while accelerating demand for battery storage and more flexible power purchase agreements.

AI adds new strain to power systems

Artificial intelligence is adding further strain to energy systems. The rapid expansion of AI-driven data centers is driving electricity demand sharply higher, complicating sustainability targets for both governments and corporations.

S&P Global estimates that data center power consumption could exceed 2,200 terawatt-hours by 2030, roughly equivalent to India’s current electricity use. Grid constraints, rising power prices in some regions, and growing water stress are emerging as political and social flashpoints, particularly in parts of the US.

While major technology companies have made high-profile net-zero commitments, the report’s data shows that sustainability ambition across the data center sector remains uneven.

According to the firm’s 2024 Corporate Sustainability Assessment, 38 percent of assessed companies with data center operations do not have a net-zero target.

Analysts warned that rising AI-related energy demand may lead to increased fossil fuel use in the near term, with some regions delaying planned coal and gas plant retirements to maintain grid reliability.

Climate adaptation gains priority

The implications of rapid energy shifts also mean that climate adaptation and resilience are gaining prominence.

S&P Global said governments and investors increasingly recognize that the world is likely to overshoot the Paris Agreement’s 1.5-degree Celsius warming goal, making adaptation unavoidable.

Global economic losses from natural disasters reached US$320 billion in 2024, according to Munich Re, while United Nations (UN) data suggests the number of natural disasters could rise by 40 percent by 2030 without stronger mitigation.

Therefore, investment in adaptation is emerging as a major opportunity as well as a necessity. Singapore sovereign wealth fund GIC, for instance, estimates that adaptation and resilience investments could total US$9 trillion by 2050. That theme featured prominently at Climate Week NYC in 2025 and at COP30, where governments agreed to triple public adaptation finance by 2035 from 2025 levels.

Taken altogether, S&P Global’s outlook points to a sustainability landscape that is less coordinated but no less consequential.

While global consensus is weakening, pressures from various sectors are forcing governments and companies to make increasingly difficult trade-offs as they chart their paths through 2026.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

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African Discovery Group Announces Shareholder Approval of Butembo Merger Agreement

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Combined Company, ‘Copper Intelligence’ to become the first stand-alone Democratic Republic of Congo (DRC) company to be publicly traded in the United States.

African Discovery Group (OTC:AFDG) (‘AFDG’ or the ‘Company’) announced today that shareholders have approved the Company’s pending merger with Butembo Copper Exploration license in the DRC to acquire 100% of the shares of SOCIETE GRABIN MINING SAS (the ‘Transaction’). Subject to the completion of the closing, the stock-based transaction will create a dedicated copper exploration company, with a focus on creating value around Africa and DRC specifically focused on under-explored basins of copper.

‘We are proud to have delivered this compelling opportunity for shareholders, and are confident in our ability as a combined company, to participate in a substantial buildout of copper on a global scale,’ said Alan Kessler, the outgoing Chairman and CEO of African Discovery Group. ‘According to Rio Tinto, African deposits make up eight out of the ten highest grade copper deposits discovered since 1990 globally. DRC’s copper production itself is among the largest in the world, with the DRC itself concentrating 65% of newly announced copper reserves identified worldwide, according to S&P Global Market Intelligence. Because of the resolution of numerous geopolitical differences precluding this development previously in the DRC, the Trump administration has paved the way for this commercialization process.’

He added, ‘We are confident the copper demand environment between grid modernization, data usage, electronic vehicles, and telecommunications, rural electrification of India, Artificial Intelligence infrastructure, next generation defense systems to name a few, will continue to put broad demand-based pressure on global supply.  A favorable environment for the commodity has additionally been augmented by the strategic mineral designation of Copper by the US government, as well as recent mega mergers of Copper producers.  Under the leadership of Andrew Groves and Aldo Cesano, who have spent their careers developing mining projects in the DRC and the region, we look forward to their buildout of this pioneering African company.’

The transaction is expected to close imminently, subject to the satisfaction or waiver of customary closing conditions. When completed, the Merger will result in the combined company becoming the first stand-alone DRC company to be publicly traded in the United States.

EAS Advisors LLC have acted as the corporate advisor for the Company on the Transaction.

Click here to continue reading.

Media Contact:
www.copperintelligence.com
Maxine Gordon
mg@africandiscoverygroup.com
(917) 478-0406

 

View original content:https://www.prnewswire.com/news-releases/african-discovery-group-announces-shareholder-approval-of-butembo-merger-agreement-302662498.html

SOURCE African Discovery Group

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Angkor Resources Advances Exploration On CZ Gold And Wild Boar Prospects, Andong Meas License, Cambodia

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(TheNewswire)

GRANDE PRAIRIE, ALBERTA TheNewswire – (January 15, 2026): Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’) announces additional exploration to begin on its latest gold target, CZ Gold on the west side of the Canada Wall prospect on the Andong Meas exploration license in Ratanakiri Province, Cambodia.

The CZ Gold Prospect announced previously – (see Angkor Resources IDENTIFIES GOLD PROSPECT ON ANDONG MEAS LICENSE, CAMBODIA – Angkor Resources Corp.), sits atop a steep hill that has a 47-metre underground incline from the exit to the entrance, with multiple shallow channel samples from underground workings of artisanal miners. The creek directly below the area, described on the map below as ‘Gold Placer-Mined Creek Draining CZ Zone’, has been mined over the past rainy season and panned for 150 metres along both sides of the stream, creating a landscape of pits and piles in the creek bed draining away from CZ Gold.


Click Image To View Full Size

Figure 1 Angkor staff survey the creek bed area after artisanal miners through rainy season in the zone at the base of CZ Gold Prospect

Angkor’s mineral exploration team is initiating a large trenching, sampling, assay and analysis program running roughly perpendicular across the projected incline to surface, starting at the top of the exit area. The trench is expected to be 80 metres long and several weeks are budgeted in the timeline. Farmers are compensated for any loss or damage of cashew trees or other plantings and use of surface land.

The purpose of the trenching will be to determine the geology and structure of the stockwork and its wall rocks.

The google map below indicates the planned trenching target area shown in orange.

Click Image To View Full Size

In addition to the exploration planned for the CZ Zone, plans are also underway to conduct a drill program on the Wild Boar gold prospect, an area located 3 kilometers east of the CZ target. Trenching and sampling at the Wild Boar area has led to the discovery of narrow northwest trending southwest dipping quartz veins. In the area where artisanal miners have in the past mined the upper 1.5 meters of soil, trenching has revealed an abundance of quartz vein float sitting on top of the weathered soil. The assays from the abundant quartz vein float (see Assays Returns 25.6 gpt Gold in Wild Boar Veins – Angkor Resources Corp) have expanded the gold anomaly to 1.5 by 1.2 kilometres.

QUALIFIED PERSON:

Dennis Ouellette, B.Sc., P.Geo., is a member of The Association of Professional Engineers and Geoscientists of Alberta (APEGA #104257) and a Qualified Person as defined by National Instrument 43-101 (‘NI 43-101’). He is the Company’s VP Exploration on site and has reviewed and approved the technical disclosure in this document.

ABOUT Angkor Resources CORPORATION:

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia.

The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds two mineral exploration licenses in Cambodia with multiple prospects in copper and gold. Both licenses are in their first two-year renewal term.

Its Cambodian energy subsidiary, EnerCam Resources Cambodia Co. Ltd., was granted an onshore oil and gas license of 7300 square kilometres in the southwest quadrant of Cambodia called Block VIII. The company then removed all parks and protected areas and added 220 square kilometres, making the license area just over 4095 square kilometres. EnerCam is actively advancing oil and gas exploration activities onshore to meet its mission to prove Cambodia as an oil and gas producing Nation.

Since 2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been involved in oil and gas production in Saskatchewan, Canada with measures of gas capture to reduce emissions. ANGKOR’s carbon capture and gas conservation project is part of its long-term commitment to Environmental and Social projects and cleaner energy solutions across jurisdictions.

CONTACT: Delayne Weeks – CEO

Email:- info@angkorresources.com Website: angkorresources.com

Telephone: +1 (780) 831-8722

Please follow @AngkorResources on , , , Instagram and .

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 

_____________________________________

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at any of the Company’s properties, the prospective nature of any claims comprising the Company’s property interests, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results of future exploration, and the availability of financing.

Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Copyright (c) 2026 TheNewswire – All rights reserved.

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American Eagle Continues to Expand South Zone near Surface Mineralization: Highlights Include 140 m of 0.74% Copper Eq. and 130 m of 0.62% Copper Eq.

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American Eagle Gold Corp. (TSXV: AE) (‘American Eagle’ or the ‘Company’) is pleased to announce drill results that further expand the South Zone at its NAK copper-gold project in British Columbia. Holes NAK25-55 and NAK25-62 extend shallow mineralization nearly 150 meters east-southeast, while NAK25-69 and NAK25-72 expand it 150 meters to the west-southwest. Notably, NAK25-55 and -62 highlight near-surface mineralization along the southern edge of the Babine porphyry stock shown in Figure 1. Additionally, Figure 2 highlights the South Zone growth achieved through the drill results presented in this release.

Highlights:

  • NAK25-62: Extended near-surface mineralization 150 m east of NAK25-46, intersecting 140 m of 0.74% CuEq within 189 m of 0.61% CuEq starting near surface.
  • NAK25-55: Extended near-surface mineralization 150 m south of NAK25-62, intersecting 134 m of 0.40% CuEq starting near surface.
  • NAK25-69: Extended mineralization 150 m south of NAK25-41, intersecting 130 m of 0.62% CuEq within 409 m of 0.33% CuEq starting 215 m downhole.
  • NAK25-72: Further westward extension of NAK25-69 drilled from the same location at a shallower inclination, intersecting 455 m of 0.31% CuEq starting 166 m downhole.

Strategic Importance of the South Zone:

The South Zone is characterized by strong grades, shallow mineralization, and minimal overburden, making it a logical focus for continued step-out and infill drilling. This area has the potential to support early-stage development scenarios while providing optionality for bulk mining approaches in adjacent, yet-to-be-defined zones across the NAK project.

With these latest results, the South Zones dimensions extend over 700 m in the east-west direction, 500 m in the north-south direction, and to over 800 m in depth. The holes in this release have contributed a high-confidence expansion of over 150 m in both the east-west and north-south dimensions from the previous iteration of the model, and a substantial increase over the previous seasons of drilling (see Figure 3). Strong potential for expansion remains along the southern margin of the Babine Porphyry stock, where the Company has completed additional widely spaced step-out drilling, within a 1 km trend of open, highly prospective ground, extending eastward from the currently modeled bounds of the zone (see Figure 4).

‘These results reinforce the South Zone as the focus of our drilling program, yet they also highlight that it sits within what is clearly an exceptionally large and continuous copper-gold system at NAK that exists far beyond what is the South Zone. The consistent near-surface mineralization and significant step-out extensions in multiple directions confirm both the scale and the potential of NAK,’ said Anthony Moreau, CEO of American Eagle Gold Corp.

View Interactive 2D Map of NAK

View Core Photos for Released Holes

Watch: Webinar with Anthony Moreau and Neil Prows Discussing Significance of January 15 Results

NAK25-62 Assay Results (Table 1) and Details*

Hole From To Length Cu % Au g/t Ag g/t Mo ppm CuEq %
NAK25-62 124 264 140 0.28 0.35 1.2 100 0.74
Within
NAK25-62 75 264 189 0.23 0.28 1.1 90 0.61
And
NAK25-62 483 701 218 0.17 0.15 0.4 49 0.37
Within
NAK25-62 32 827 795 0.13 0.12 0.5 51 0.30

View Clean Cross Section l View Combined Hole Cross Section l View Hole Location

* Copper Equivalent (CuEq) shown in Tables for drill intercepts are calculated on the basis of US$ 4.50/lb for Cu, US$ 3,375/oz for Au, US$ 60/oz for Ag and US$ 25/lb for Mo, with 80% metallurgical recoveries assumed for all metals (since it’s unclear what metals will be the principal products, assuming different recoveries is premature at this stage). The formula is: CuEq. = Cu % + (Au grade in g/t x (Au recovery / Cu recovery) x [Au price ÷ 31] / [Cu price x 2200 x 1%]) + (Ag grade in g/t x (Ag recovery / Cu recovery) x [Ag price ÷ 31] / [Cu price x 2200 x 1%] + (Mo grade in % x (Mo recovery / Cu recovery) x [Mo price] / [Cu price]). The assays have not been capped.

NAK25-62 was collared approximately 150 m to the east of NAK25-46 and drilled steeply to the west. This hole was designed to expand the known extent of South Zone mineralization to the east of the tested zone. NAK25-62 collared into interbedded siltstone, sandstone, and conglomerate, before transitioning into a well mineralized package of sandstone at a depth of 75 m. Concordant with the Company’s modelling, mineralization, consisting of disseminated and vein hosted chalcopyrite remained strong to a depth of 264 m, where the hole transitioned to a thinly bedded, less well mineralized package of fine-grained sedimentary rock. Disseminated chalcopyrite mineralization abruptly increases in abundance below this unit, at a depth of 480 m, coinciding with a transition to the well constrained mineralized conglomerate. As the hole traversed deeper, sulfide speciation gradually shifted to pyrite/pyrrhotite dominant, bottoming in concretion-bearing fine sandstone cut by narrow mafic dyking.

NAK25-55 Assay Results (Table 2) and Details*

Hole From To Length Cu % Au g/t Ag g/t Mo ppm CuEq %
NAK25-55 97 231 134 0.13 0.21 1.3 14 0.40
And
NAK25-55 503 808 305 0.12 0.07 0.5 60 0.23
Within
NAK25-55 119 884 765 0.09 0.07 0.6 40 0.21

View Cross Section l View Hole Location

NAK25-55 was collared approximately 150 m south-southeast of NAK25-62 and drilled steeply to the west-northwest. The hole was designed to test both near surface and deep mineralization beyond the southeastern extent of drilling in the South Zone. The hole collared into interbedded sandstone and siltstone with subordinate lenses of conglomerate, to a depth of 300 m, where the hole’s first instance of fine grained mafic intrusive was encountered. The mafic unit continued to a depth of 400 m, where the hole transitioned into sparsely feldspar phyric porphyry dyking followed by conglomerate. Conglomerate predominated to a depth of 600 m, where thin beds of sandstone were interspersed with numerous intervals of fine grained mafic intrusive rock, which remained the dominant lithology to end of hole. Mineralization in NAK25-55 consisted of sparse chalcopyrite disseminations and stringers, primarily confined to sandstone and conglomerate lithologies, with local punctuations of vein hosted bornite confined to narrow zones within the lower intercept of mafic dyking.

NAK25-69 Assay Results (Table 3) and Details*

Hole From To Length Cu % Au g/t Ag g/t Mo ppm CuEq %
NAK25-69 452 582 130 0.32 0.16 1.0 175 0.62
Within
NAK25-69 215 624 409 0.18 0.08 0.8 77 0.33
Within
NAK25-69 13 787 774 0.13 0.05 0.6 62 0.23

View Cross Section l View Hole Location

NAK25-69 was collared from the same location as NAK25-49, and drilled steeply to the west. This hole was designed to test the southern limits of mineralization, approximately 100 m south of the stronger than anticipated mineralization encountered in NAK25-41. The hole collared into interbedded sandstone and siltstone interspersed with thin beds of conglomerate, before entering dominantly conglomerate units at a depth of 175 m. The hole remained in conglomerate, cut by numerous instances of compositionally and texturally variable porphyry dyking, to a depth of 450 m, where interbedded fine to coarse sandstone prevailed as the dominant lithology. Mineralization in NAK25-69 was characterized by broad zones of low to moderate grade, represented by sparsely distributed chalcopyrite bearing quartz-anhydrite veins and sparse chalcopyrite disseminations, punctuated by shorter intervals of stronger grade, associated with bornite and dense chalcopyrite mineralization. The strongest zones of mineralization are commonly associated with the presence of porphyry dyking, notably between 452 and 582 m, where the dykes themselves host abundant chalcopyrite and bornite disseminations.

NAK25-72 Assay Results (Table 4) and Details*

Hole From To Length Cu ppm Au g/t Ag g/t Mo ppm CuEq %
NAK25-72 166 245 79 0.28 0.11 1.3 217 0.54
And
NAK25-72 416 570 154 0.27 0.08 1.6 72 0.42
Within
NAK25-72 166 621 455 0.18 0.06 1.0 72 0.31

View Cross Section l View Hole Location

NAK25-72 was collared from the same location as NAK25-69 and drilled shallowly to the west, designed to test westward from the encouraging mineralization encountered previously in the steeper oriented NAK25-69. The hole collared into interbedded sandstone and siltstone, transitioning to conglomerate at a depth of 75 m. Conglomerate predominated to a depth of 350 m, succeeded by fine to coarse grained sandstone for the remainder of the hole. As with NAK25-69, mineralization was characterized by broad intervals of low grade disseminated chalcopyrite, punctuated by zones of vein hosted bornite and densely disseminated chalcopyrite mineralization commonly within and enveloping porphyry dykes of variable composition. Sulfide speciation within the disseminated mineralization transitions from chalcopyrite dominant to pyrite-pyrrhotite dominant, as the hole traverses farther to the west, with local zones of chalcopyrite dominant sporadically throughout.

NAK25-65 Assay Results (Table 5) and Details*

Hole From To Length Cu % Au g/t Ag g/t Mo ppm CuEq %
NAK25-65 211 339 128 0.18 0.05 0.8 23 0.26
Within
NAK25-65 7 575 568 0.09 0.03 0.6 20 0.15

View Cross Section l View Hole Location

NAK25-65 was collared approximately 120 m west-southwest of NAK25072/69, designed to test the southwestern limits of known South Zone mineralization. This hole encountered a similar association of interbedded coarse to fine sedimentary rocks, transitioning to conglomerate, and finally sandstone, as described above in NAK25-72 and 69. Similarly to NAK25-72, the best mineralization was strongly associated with narrow intervals of feldspar phyric porphyry dyking, intruding weakly mineralized sedimentary host rocks. Sulfide speciation within the sedimentary units transitions from chalcopyrite-pyrite to pyrite dominant as the hole traversed farther to the west, and consistent with drilling elsewhere at NAK, the hole was terminated when pyrite was observed to be the dominant disseminated sulfide.

Collar details for holes in this release (table 6):

Hole UTM_Grid UTM_East UTM_North Azimuth Inclination TD (m)
NAK25-55 NAD83_Z9 675620 6129124 280 -75 884
NAK25-62 NAD83_Z9 675575 6129266 265 -75 827
NAK25-65 NAD83_Z9 675191 6129109 265 -50 575
NAK25-69 NAD83_Z9 675297 6129153 255 -75 787
NAK25-72 NAD83_Z9 675297 6129153 255 -55 621

QA/QC and Sampling Protocol

Sampling at NAK follows a rigorous methodology and internal QA/QC protocol. Drill core is halved on site, and samples are submitted to ALS Geochemistry in Langley, British Columbia for preparation and analysis. ALS is accredited to the ISO/IEC 17025 standard for assays. All analytical methods include quality control standards inserted at set frequencies. The entire sample interval is crushed and homogenized, and 250 g of the homogenized sample is pulped. All samples were analyzed for gold, silver, copper, molybdenum and a suite of 45 other major and trace elements. Analysis for gold is by fire assay fusion followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) on 30 g of pulp. Analysis for silver, copper, and molybdenum and all other major and trace elements are analyzed by four-acid digestion followed by Inductively Coupled Plasma Mass Spectroscopy (ICP-MS).

Internal QA/QC protocols dictate that individual core samples are no less than 70 cm and no greater than 3 m in length. To control standard, blank, and duplicate sample frequency, and to better constrain pass/fail re-analysis intervals, samples are submitted to the lab in 50 sample batches. Within each 50-sample batch, there is one gold-copper standard and two coarse reject duplicates, inserted at regular intervals, and two blank samples, inserted sequentially following well-mineralized samples where possible, for a total of 10% QA/QC samples. All gold and copper standard analyses from the 2024 program passed within 3 standard deviations of expected values. Where duplicate values differed significantly, the lower values from the resulting re-analyses were used.

About American Eagle’s NAK Project

The NAK Project lies within the Babine copper-gold porphyry district of central British Columbia. It has excellent infrastructure through all-season roads and is close to the towns of Smithers, Houston, and Burns Lake, B.C., which lie along a major rail line and Provincial Highway 16. Historical drilling and geophysical, geological, and geochemical work at NAK, which began in the 1960’s, tested only to shallow depths. Still, the work revealed a very large near-surface copper-gold system that measures over 1.5 km x 1.5 km. Drilling completed by American Eagle in 2022, 2023, and 2024 returned significant intervals of high-grade copper-gold mineralization that reached beyond and much deeper than the historical drilling, indicating that zones of near-surface and deeper mineralization, locally with considerably higher grades, exist within the broader NAK property mineralizing system. Drilling is currently in progress, with over 16,500 metres drilled across 26 holes out of the planned 30,000-metre drill program. Three drills are actively operating, including one helicopter-supported hole, and expected to continue into December.

For the latest videos from American Eagle, Ore Group, and all things mining, subscribe to our YouTube Channel: youtube.com/@theoregroup

About American Eagle Gold Corp.

American Eagle is dedicated to advancing its NAK copper-gold porphyry project in west-central British Columbia, Canada. The Company benefits from over $36 million in cash, bolstered by two strategic investors formed in the past two years with Teck Resources and South32. With substantial financial and technical resources, American Eagle Gold is well-positioned to drill, de-risk, and define the full potential of the NAK Copper-Gold porphyry project.

Anthony Moreau, Chief Executive Officer

416.644.1567
amoreau@oregroup.ca
www.americaneaglegold.ca

Q.P. Statement

Mark Bradley, B.Sc., M.Sc., P.Geo., a Certified Professional Geologist and independent ‘qualified person’ for the purposes of Canada’s National Instrument 43-101 Standards of Disclosure for Mineral Properties, has verified and approved the information contained in this news release.

Forward-Looking Statements

Certain information in this press release may contain forward-looking statements. Forward-looking statements in this press release include, but are not limited to: including statements relating to the use of proceeds of the Offering, the tax treatment of the Charity FT Shares, the receipt of all necessary regulatory approvals in connection with the Offering, the 2025 drill program or its anticipated results at the Company’s NAK project, the ability of the Company to make the Qualifying Expenditures as anticipated by management, and other matters ancillary or incidental to the foregoing. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Therefore, actual results might differ materially from those suggested in forward-looking statements. American Eagle Gold Corp. assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to American Eagle Gold Corp. Additional information identifying risks and uncertainties is contained in filings by American Eagle Gold Corp. with Canadian securities regulators, which filings are available under American Eagle Gold Corp. profile at www.sedarplus.ca.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the TSX Venture Exchange policies) accept responsibility for the adequacy or accuracy of this release.

Source

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Business

Saks files for bankruptcy as luxury market struggles

Business 3 Mins Read

The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday.

The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales and a rising online market.

It’s one of the largest retail collapses since the Covid pandemic, and casts further doubt over the future of luxury fashion.

The retailer, which also owns Bergdorf Goodman, said early Wednesday its stores would remain open for now after it finalized a $1.75 billion financing package and appointed a new CEO.

The court process is meant to give the luxury retailer room to negotiate a debt restructuring with creditors or sell itself to a new owner to stave off liquidation. Failing that, the company may be forced to shutter.

Former Neiman Marcus CEO Geoffroy van Raemdonck will replace Richard Baker, who was the architect of the acquisition strategy that left Saks Global saddled with debt.

The company also appointed former Neiman Marcus executives Darcy Penick and Lana Todorovich as chief commercial officer and chief of global brand partnerships at Saks Global, respectively.

Saks Fifth Avenue, the retail arm of Saks Global, listed $1 billion to $10 billion in assets and liabilities, according to court documents filed in U.S. Bankruptcy Court in Houston.

A retailer long loved by the rich and famous, from Gary Cooper to Grace Kelly, Saks fell on hard times after the pandemic, as competition from online outlets rose, and brands started more frequently selling items through their own stores.

The original Saks Fifth Avenue store, known for displaying the likes of Chanel, Cucinelli and Burberry, was opened by retail pioneer Andrew Saks in 1867.

The new financing deal would provide an immediate cash infusion of $1 billion through ‌a loan from an investor group, Saks Global said.

A host of luxury brands were among the unsecured creditors, led by Chanel and Gucci owner Kering at about $136 million and $60 million respectively, the court filing said. The world’s biggest luxury conglomerate, LVMH, was listed as an unsecured creditor at $26 million. In total, Saks Global estimated there were between 10,001 and 25,000 creditors.

In 2024, Baker had masterminded the takeover of Neiman Marcus by Canada’s Hudson’s Bay Co, which had owned Saks since 2013, and later spun off the U.S. luxury assets to create Saks Global, bringing together three names that have defined American high fashion for more than a century.

The deal was designed to create a luxury powerhouse, but it saddled Saks Global with debt at a time when global luxury sales were slowing, complicating an already difficult turnaround for CEO and veteran executive Marc Metrick.

Saks Global struggled last year to pay vendors, who began withholding inventory, disrupting the company’s supply chain and leaving it with insufficient stock.

The thinly stocked shelves may have driven shoppers away to rivals like Bloomingdale’s, which posted strong sales in 2025, compounding pressure on Saks Global.

“Rich people are still buying,” Morningstar analyst David Swartz said last month, “just not so much at Saks.”

Running out of cash, Saks Global last month sold the real estate of the Neiman Marcus Beverly Hills flagship store for an undisclosed amount. It had also been looking to sell a minority stake in exclusive department store Bergdorf Goodman to help cut debt.

On Dec. 30, it failed to make an interest payment of more than $100 million to bondholders.

This post appeared first on NBC NEWS

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Nextech3D.ai’s KraftyLab Accelerates Global Scale with Launch of In-Person Experiences and AI-Driven Platform Automation

Investing 5 Mins Read

Expanded our physical footprint to 20 major cities and integrated 50%+ new experiences.

TORONTO, ON AND NEW YORK, NY / ACCESS Newswire / January 14, 2026 / Nextech3D.ai (CSE:NTAR,OTC:NEXCF)(OTCQB:NEXCF)(FSE:1SS), an AI-first technology company specializing in AI-powered live event solutions, 3D modeling, and spatial computing, announced KraftyLab is accelerating its Global footprint with the Launch of In-Person Experiences and AI-Driven Platform Automation.

Executive Commentary

‘I am pleasantly surprised with how quickly we are moving this Krafty Labs business forward,’ said Evan Gappelberg, CEO of Nextech3D.ai. ‘Just seven days after closing this acquisition, we have already expanded our physical footprint to 20 major cities and integrated 50 new experiences. This level of execution velocity is exactly what we need to capture the Q1 enterprise budget cycle’.

KraftyLab, a leader in corporate team engagement, today announced a dual-stream strategic expansion: the nationwide launch of its highly anticipated in-person event catalog and a comprehensive AI-powered technology overhaul designed to scale its global operations. This milestone directly addresses surging enterprise demand for hybrid connection while establishing a high-margin, B2B foundation for the 2026 fiscal year.

Nationwide In-Person Launch Across 20 Major Cities

KraftyLab has expanded its physical footprint to provide on-site team building in the mainland United States. Full support for these offerings will be integrated into the KraftyLab, allowing enterprise teams to book premium in-person experiences-including Canvas Painting & Card Decorating and Team Trivia & Feud Night-across 20 major metropolitan hubs:

  • West: Los Angeles, SF Bay Area, Sacramento, San Diego, Orange County, Napa (CA); Phoenix (AZ); Denver (CO); Salt Lake City (UT); Seattle (WA); Portland (OR); Las Vegas (NV).

  • Central: Chicago (IL); Dallas, Houston, Austin (TX); Minneapolis (MN); Nashville (TN).

  • East: New York City (NY); Philadelphia, Pittsburgh (PA); Boston (MA); Baltimore (MD); Washington D.C.; Atlanta (GA); Charlotte, Raleigh (NC); Miami, Orlando, Tampa (FL).

  • Northeast Regions: New Jersey, Vermont, Connecticut, Concord (NH), and Portland (ME).

Q1 Strategic Roadmap: AI Automation and Revenue Foundation

To support this dramatic increase in offerings, KraftyLab is executing a technical overhaul focused on removing manual friction and increasing operational intelligence.

  • Intelligent Onboarding & Unified Dashboards: A new sign-up flow merges customer and partner dashboards, using AI to intelligently route users based on organizational needs and roles.

  • Enterprise-Grade Governance: The platform now supports organization-level hierarchies, enabling top-down spend limits, billing centralization, and booking approvals.

  • AI-Powered Discovery: A premium dashboard allows teams to browse and book 400+ experiences in seconds, powered by a real-time recommendation engine.

AI Enhanced Booking Ecosystem

KraftyLab is replacing legacy third-party tools with a proprietary scheduling infrastructure, saving time and money and enabling deeper partner integration.

  • Real-Time Partner Availability: Automated integration with Google Calendars allows customers to view partner availability in real-time across all 400+ IANA timezones.

  • AI Agentic Support: Predictive AI will manage metadata for rapid event scaling, while automated support agents handle complex logistics inquiries 24/7.

‘Our customers asked for the magic of a KraftyLab event in their local offices, and we are now delivering that at scale,’ said Evan Gappelberg, CEO of Nextech3D.ai Team. ‘By combining our nationwide in-person launch with a robust AI-driven B2B foundation, we are moving beyond simple event planning to become the indispensable platform for global team engagement’.

KraftyLab is a technology-driven team-building platform servicing Google, Meta, Netflix, Spotify and many other large organizations specializing in curated virtual and in-person experiences for the modern workforce. By leveraging AI automation and a vast network of artisans and facilitators, KraftyLab helps Fortune 500 companies foster connection, creativity, and culture across distributed and global teams.

About Nextech3D.ai

Nextech3D.ai is an AI-first technology company specializing in AI-powered live event solutions, 3D modeling, and spatial computing. The Company delivers an integrated suite of AI-driven technologies designed to enhance live, hybrid, and virtual experiences through intelligent engagement, visualization, and data-driven insights.

Website: www.Nextech3D.ai
Investor Relations: investors@nextechar.com

For further information, please visit: www.Nextech3D.ai.

Investor Relations: investors@nextechar.com

Sign up for Investor News and Info – Click Here

Evan Gappelberg /CEO and Director
866-ARITIZE (274-8493)

Forward-looking Statements The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute ‘forward-looking information’ under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, ‘will be’ or variations of such words and phrases or statements that certain actions, events or results ‘will’ occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws

SOURCE: Nextech3D.ai Corp

View the original press release on ACCESS Newswire

News Provided by ACCESS Newswire via QuoteMedia

This post appeared first on investingnews.com

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Investing

Kobo Resources Advances Kossou Toward Resource Definition While Expanding Gold Mineralisation Beyond Known Structures

Investing 13 Mins Read

  • Drilling confirms continued gold mineralisation within established Jagger and Road Cut Zone structures, including at depth with intersections of 8.0 m at 3.02 g/t Au at the Jagger Zone (KDD0129) and along the Contact Zone Fault with 6.0 m at 2.59 g/t Au at the Road Cut Zone (KDD0135)
  • New gold-bearing structures were identified both in the footwall of the main Jagger shear toward the Contact Zone Fault (Structure 7, KDD0134) and along strike at Jagger South (KDD0127), expanding mineralisation beyond previously defined zones
  • Results continue to reinforce the scale of the Kossou’s gold targets as drilling advances toward resource definition while generating additional high-priority targets

Kobo Resources Inc. (‘ Kobo’ or the ‘ Company ‘) ( TSX.V: KRI ) is pleased to report results from 15 diamond drill holes completed as part of its ongoing drill program at the 100%-owned Kossou Gold Project (‘ Kossou ‘) in Côte d’Ivoire. The latest results confirm continued gold mineralisation within known structures at the Jagger and Road Cut Zones while also identifying new gold-bearing structures that expand the mineralised footprint of the project.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260114191786/en/

Figure 1: Jagger Zone Drill Hole Locations and Simplified Geology

Diamond Drill Results Highlights:

Jagger Zone:

  • KDD0129
    • 3.0 metres ( ‘ m’) at 3.32 g/t Au from 62 .0 m
    • 5.0 m at 1.34 g/t Au from 275.0 m
    • 8.0 m at 3.02 g/t Au from 285.0 m
    • 5.0 m at 1.10 g/t Au from 364.0m
  • KDD0124
    • 2.0 m at 9.97 g/t Au from 297.0 m
  • KDD0133
    • 2.0 m at 7.79 g/t Au from 314.0 m
  • KDD0126
    • 15.0 m at 0.90 g/t Au from 189.0 m, incl. 10.0 m at 1.16 g/t Au
  • KDD0134
    • 6.0 m at 1.09 g/t Au from 11.0 m, incl. 3.0 m at 1.91 g/t Au

Road Cut Zone :

  • KDD0131
    • 6.0 m at 2.55 g/t Au from 165.0 m, incl. 2.0 m at 5.27 g/t Au
  • KDD0135
    • 7.0 m at 1.11 g/t Au from 23.0 m
    • 12.0 m at 0.62 g/t Au from 36.0 m, incl. 6.0 m at 1.00 gt Au
    • 6.0 m at 2.59 g/t Au from 202.0 m

Edward Gosselin, CEO and Director of Kobo commented: ‘These results continue to confirm the strength and continuity of gold mineralisation within the established Jagger and Road Cut Zone structures, including meaningful intersections at depth and along the Contact Zone Fault. Importantly, this phase of drilling has also identified new gold-bearing structures both in the footwall of the main Jagger shear and along strike to the south, demonstrating that mineralisation at Kossou goes beyond previously defined zones. Total drilling reported to date at Kossou now exceeds 34,800 m across 192 drill holes, including diamond and RC drilling. Together, these results expand our target inventory and further support the scale and growth potential of the Kossou system as we continue advancing toward the resource definition stage.’

Jagger Zone: Continued Drilling Confirms Mineralisation at Depth and Along Strike

Drilling at the Jagger Zone continued with 11 additional holes completed across approximately 700 m of strike , testing continuity within the main Jagger structural corridor and mineralisation at depth.

Deeper drilling continues to confirm gold mineralisation well below previously tested levels. On section JZ650 , KDD0133 intersected 2.0 m at 7.79 g/t Au approximately 200 m below surface , while KDD0136 on Section JZ700 returned 6.0 m at 1.10 g/t Au at a depth of approximately 210 m , confirming continuity of mineralised structures at depth.

Along strike, KDD0129 on Section JZ550 returned multiple intersections, including 8.0 m at 3.02 g/t Au from 285.0 m , extending mineralisation within the core of the Jagger Shear Zone. Additional intersections, including 5.0 m at 1.10 g/t Au from 364.0 m , confirm that Structure 6 extends to depths exceeding 250 m below surface . Further confirmation of depth continuity was provided by KDD0126 on Section JZ500 , which intersected 15.0 m at 0.90 g/t Au from 189.0 m , including 10.0 m at 1.16 g/t Au . All mineralised zones remain open to depth within the Jagger Shear system.

Drill hole KDD0134 ( section JZ650) tested a gold in soil geochemical target on the east of the main drill area, footwall to the Jagger Shear structure and successfully intersected 6 .0 m at 1.09 g/t Au from 11.0 m, including 3.0 m at 1.91 g/t Au, tentatively named ‘Structure 7’ (see Figure 1). This suggests additional gold bearing shear zones are present towards the Contact Zone Fault (‘CZ Fault’). Based on successful drilling of this contact in the Road Cut Zone, this hole provides confirmation of gold mineralisation in a similar stratigraphic location and will require additional drilling to advance this concept.

Road Cut Zone: Drilling Confirms Depth Extension and Contact Zone Fault Mineralisation

Drilling at the Road Cut Zone focused on two priority targets: the main shear previously intersected on section RCZ700 and gold mineralisation associated with the Contact Zone Fault and adjacent shear structures on section RCZ300.

Two drill holes are reported from this phase. In the southern portion of the zone, KDD0131 (section RCZ650), intersected 6.0 m at 2.55 g/t Au from 165.0 m , extending mineralisation to depth.

Further north, KDD0135 ( section RCZ300 ) was drilled to test the northern extension of mineralisation along the Contact Zone Fault . In addition to near-surface intersections, the hole intersected 6.0 m at 2.59 g/t Au from 202.0 m , including 3.0 m at 4.48 g/t Au , confirming strong gold mineralisation associated with the fault. This intersection extends known mineralisation by approximately 150 m to the north and supports the Contact Zone Fault as a significant mineralised control at Road Cut , with additional drilling planned to define its extent (see Figures 4 and 5).

Jagger South Zone: Drilling Confirms Along-Strike Continuity of the Jagger Shear System

Two drill holes, KDD0127 and KDD0128 , were completed to test gold-in-soil anomalies and Trench KTR110 , located approximately 1 km south of the main Jagger Zone . Trench KTR110 previously returned 14.0 m at 0.75 g/t Au .

Drill hole KDD0127 intersected 5.0 m at 0.35 g/t Au from 25.0 m and 3.0 m at 2.25 g/t Au from 48.0 m . The mineralisation is associated with quartz feldspar porphyry intrusions , similar to those observed in the central Jagger Zone , indicating regional continuity to the Jagger Shear system in southern parts. Additional work is planned to further evaluate this target area.

Table 1: Summary of Significant Diamond Drill Hole Results

BHID

East

North

Elev.

Az.

Dip

Length

From
(m)

To
(m)

Int. (m)

Au g/t

Target

KDD0122

228793

775639

264

70

-50

308.40

217.00

219.00

2.00

0.33

Jagger

KDD0123

228961

774956

370

70

-50

275.30

173.00

177.00

4.00

0.58

Jagger

182.00

189.00

7.00

1.48

Jagger

incl.

185.00

189.00

4.00

2.34

Jagger

193.00

197.00

4.00

1.31

Jagger

201.00

204.00

3.00

0.70

Jagger

208.00

214.00

6.00

0.30

Jagger

259.00

262.00

3.00

1.49

Jagger

KDD0124

228841

775390

332

70

-50

380.40

78.00

81.00

3.00

1.39

Jagger

208.00

211.00

3.00

1.14

Jagger

234.00

235.00

1.00

1.30*

Jagger

281.00

282.00

1.00

1.39*

Jagger

297.00

299.00

2.00

9.97

Jagger

348.00

354.00

6.00

0.69

Jagger

incl.

352.00

354.00

2.00

1.47

Jagger

KDD0125

228954

775006

377

70

-50

272.30

42.00

43.00

1.00

4.09*

Jagger

174.00

177.00

3.00

0.70

Jagger

KDD0126

228899

775358

338

70

-50

330.40

85.00

87.00

2.00

2.16

Jagger

152.00

153.00

1.00

4.11*

Jagger

189.00

204.00

15.00

0.90

Jagger

incl.

194.00

204.00

10.00

1.16

Jagger

incl.

194.00

198.00

4.00

2.11

Jagger

240.00

244.00

4.00

0.54

Jagger

265.00

267.00

2.00

1.91

Jagger

KDD0127

228778

773771

345

70

-50

149.30

25.00

30.00

5.00

0.35

Jagger Sth.

48.00

51.00

3.00

2.25

Jagger Sth.

KDD0128

228738

773756

335

70

-50

215.30

43.00

45.00

2.00

0.50

Jagger Sth.

KDD0129

228845

775284

369

70

-50

392.40

62.00

65.00

3.00

3.32

Jagger

236.00

239.00

3.00

1.22

Jagger

252.00

257.00

5.00

0.84

Jagger

263.00

268.00

5.00

0.55

Jagger

275.00

280.00

5.00

1.34

Jagger

285.00

293.00

8.00

3.02

Jagger

incl.

285.00

286.00

1.00

21.90

Jagger

364.00

369.00

5.00

1.10

Jagger

380.00

384.00

4.00

0.99

Jagger

KDD0130

228920

775633

279

70

-50

188.30

162.00

164.00

2.00

1.69

Jagger

171.00

172.00

1.00

1.73*

Jagger

KDD0131

228423

776036

283

70

-50

281.40

89.00

92.00

3.00

0.54

RCZ

118.00

119.00

1.00

1.36*

RCZ

165.00

171.00

6.00

2.55

RCZ

incl.

169.00

171.00

2.00

5.27

RCZ

KDD0132

229133

775231

337

70

-50

137.30

0.00

4.00

4.00

0.80

Jagger

49.00

50.00

1.00

1.28*

Jagger

KDD0133

228829

775173

395

70

-50

362.30

16.00

21.00

5.00

0.72

Jagger

81.00

82.00

1.00

1.26

Jagger

255.00

256.00

1.00

1.08

Jagger

280.00

281.00

1.00

1.56

Jagger

314.00

316.00

2.00

7.79

Jagger

355.00

356.00

1.00

1.13

Jagger

KDD0134

229269

775333

275

70

-50

191.40

11.00

17.00

6.00

1.09

Jagger

incl.

11.00

14.00

3.00

1.91

Jagger

KDD0135

228374

776445

256

70

-50

236.40

9.00

10.00

1.00

1.49

RCZ

23.00

30.00

7.00

1.11

RCZ

incl.

23.00

26.00

3.00

2.15

RCZ

36.00

48.00

12.00

0.62

RCZ

incl.

38.00

44.00

6.00

1.00

RCZ

79.00

81.00

2.00

0.98

RCZ

125.00

129.00

4.00

1.78

RCZ

202.00

208.00

6.00

2.59

RCZ

incl.

205.00

208.00

3.00

4.48

RCZ

KDD0136

228809

775112

404

70

-50

413.30

92.00

93.00

1.00

2.53

Jagger

232.00

233.00

1.00

3.05

Jagger

267.00

271.00

4.00

0.48

Jagger

297.00

299.00

2.00

1.05

Jagger

347.00

353.00

6.00

1.10

Jagger

incl.

349.00

353.00

4.00

1.54

Jagger

392.00

393.00

1.00

2.28

Jagger

Notes:

  • Cut-off using 2.0 m at 0.30 g/t Au
  • Intervals are reported with no more than 3.0 m of internal dilution of less than 0.3 m g/t Au except where indicated with an *

An accurate dip and strike and controls of mineralisation are unconfirmed and mineralised zones are reported as downhole lengths. Drill holes are planned to intersect mineralised zones perpendicular to interpreted targets. All intercepts reported are downhole distances, true widths are unknown.

Sampling, QA/QC, and Analytical Procedures

Drill core was logged and sampled by Kobo personnel at site. Drill cores were sawn in half, with one half remaining in the core box and the other half secured into new plastic sample bags with sample number tickets. Core samples are drilled using HQ core barrels to below the level of oxidation and then reduced to NQ core barrels for the remainder of the bore hole. Samples are transported to the SGS Côte d’Ivoire facility in Yamoussoukro by Kobo personnel where the entire sample was prepared for analysis (prep code PRP86/PRP94). Sample splits of 50 grams were then analysed for gold using 50g Fire Assay as per SGS Geochem Method FAA505. QA/QC procedures for the drill program include insertion of a certificated standards every 20 samples, a blank every 20 samples and a duplicate sample every 20 samples. All QAQC control samples returned values within acceptable limits.

Review of Technical Information

The scientific and technical information in this press release has been reviewed and approved by Paul Sarjeant, P.Geo., who is a Qualified Persons as defined in National Instrument 43-101. Mr. Sarjeant is the President and Chief Operating Officer and Director of Kobo.

About Kobo Resources Inc.

Kobo Resources is a growth-focused gold exploration company with a compelling gold discovery in Côte d’Ivoire, one of West Africa’s most prolific gold districts, hosting several multi-million-ounce gold mines. The Company’s 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities.

With over 29,000 metres of diamond drilling, nearly 5,887 metres of reverse circulation (RC) drilling, and 7,100+ metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou’s Gold Project. Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development.

Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d’Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. Kobo offers investors the exciting combination of high-quality gold prospects led by an experienced leadership team with in-country experience. Kobo’s common shares trade on the TSX Venture Exchange under the symbol ‘KRI’. For more information, please visit www.koboresources.com .

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary Statement on Forward-looking Information:

This news release contains ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; and the delay or failure to receive board, shareholder or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, Kobo assumes no obligation and/or liability to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260114191786/en/

For further information, please contact:

Edward Gosselin
Chief Executive Officer and Director
1-418-609-3587
ir@kobores.com

Twitter: @KoboResources | LinkedIn: Kobo Resources Inc.

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Finlay Mineral’s ATTY 2025 Exploration Program Delivers Expanded and Multiple New Targets

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finlay minerals ltd. (TSXV: FYL,OTC:FYMNF) (OTCQB: FYMNF) (‘Finlay’ or the ‘Company’) announces that the 2025 ATTY exploration program expanded known targets and identified further new copper (‘Cu’) and gold (‘Au’) porphyry targets. The ATTY Project, is strategically centered within a major porphyry corridor in the Toodoggone district and is under an Earn-In Agreement with Freeport-McMoRan Mineral Properties Canada Inc. (‘Freeport ‘) (1). Refer to Figure 1 ATTY Porphyry Corridor within the Toodoggone District.

Highlights from the 2025 ATTY Exploration Program include:

  • Expanding the Wrich Cu-Au porphyry target to a 1,200 meter x 1,200 meter area.
  • Discovering the new Wrich Hill Au target.
  • Discovering the new Pyramid West and Pyramid East Cu-Au porphyry targets.
  • Further extending the Valley chargeability target by 500 meters (‘m’) to the southeast.
  • Adding geological and geophysical definition to the porphyry corridor targets within the ATTY Property.

Ilona B. Lindsay, Finlay’s President & CEO states:

‘We are very pleased with the results of our 2025 ATTY program and are moving forward with planning for 2026. The expansion of our known targets, along with the discovery of multiple new targets has reinforced ATTY’s significant position between Freeport-AMARC’s Joy Property with its AuRORA discovery and Centerra Gold’s expanding Kemess Project. Through a systematic exploration approach, supported by Freeport’s funding, Finlay is effectively demonstrating the substantial value of its property portfolio.’

Refer to Figure 2 – ATTY’s Expanded and New Targets.

Refer to Figure 3 – ATTY’s Targets underlain by Airborne Magnetics.

Detailed Overview of 2025 Exploration Program Targets

Northwestern Porphyry Trend and Target Areas –

The 2025 exploration program expanded on previous work outlining an 8.5-kilometer northwestern porphyry trend, which includes the Wrich, Pyramid, and KEM/Attycelley targets. Similar mineralized trends are found at nearby AuRORA, PIL South, and Kemess projects. Soil sampling, geological mapping, geophysics, and historical data have established targets at the ATTY, all of which show strong exploration potential (Figure 1).

Wrich Cu-Au Porphyry Target –

The Wrich Cu-Au porphyry target has strong soil anomalies in copper, gold, silver, molybdenum, selenium & tellurium, a high IP chargeability, and is closely linked to Takla Group volcanic rocks which are favourable for Cu-Au porphyries like the Kemess deposits. 2022 drilling at SWT confirmed anomalous gold and copper zones near a porphyry system; notably, hole JP22028 intersected 78 meters at 0.09% CuEq (0.02% Cu, 0.11 g/t Au, 0.04 g/t Ag). (2) (Figures 2 and 3).

Wrich Hill Target –

The Wrich Hill target is a newly identified geochemical anomaly (1,200 m x 600 m) with elevated gold, bismuth, lead, tellurium, and zinc in soil samples. Linked to a magnetic low, it may indicate a low and high sulphidation environment noted to be related to porphyry targets. North of Wrich Hill, drilling on the JOY Property in 2022 found Au-Ag-Cu mineralization, including 108 meters at 0.03% Cu, 0.23 g/t Au, and 6.4 g/t Ag in hole JP22044(2), within advanced argillic alteration zones.

Pyramid Cu-Au Porphyry Target –

The Pyramid copper-gold porphyry target consists of two areas:

  • Pyramid West: Contains a 200 m x 200 m copper-gold-molybdenum-tellurium soil anomaly open to the north, with a single IP line showing a 500 m chargeability high, cut off by a southern fault (Figure 2). The anomaly extends east with a weaker response. The area is mainly underlain by Toodoggone Hazelton formations, similar to AuRORA and Kemess East.
  • Pyramid East: Features a continuous IP chargeability high potentially linked to the Wrich target, trending southeast toward an 800 m x 850 m copper-gold geochemical anomaly and a circular magnetic feature. This anomaly lies just south of the Awesome epithermal gold showing, in propylitic-altered Takla Volcanic rocks.

Valley Target –

The 2025 program expanded an already significant IP chargeability anomaly by 500 meters to the southeast, bringing it to 1.5 km width and 1.8 km length. Earlier drilling conducted in 2019 (3) revealed anomalous copper in propylitic and phyllic-altered Takla Group rocks, suggesting potential proximity to a porphyry system.

KEM and Attycelley Targets –

Geological mapping at the KEM copper-gold porphyry target has improved its prospects for discovery. Recent quartz vein samples near the KEM mineral yielded up to 0.685% copper, 0.135 g/t gold, and 99.2 g/t silver. The KEM area spans 1,000 m x 2,200 m with high chargeability, forming part of a larger 3,000 m x 3,000 m copper-gold-silver geochemical anomaly that also includes the Attycelley target. Both sites exhibit IP and geological traits similar to the Kemess North Trend, which hosts significant deposits. Previous drilling at KEM was limited by inadequate depth and post-mineral intrusions.

The 2025 Exploration Program completed on the ATTY consisted of:

  • 543 line-km of airborne magnetics
  • 152 rock samples collected
  • 647 soil and talus samples collected
  • 14 line-km of IP

Both the ATTY and PIL exploration programs are fully funded through Earn-In Agreements with Freeport. Under these agreements, Freeport can earn up to an 80% interest in each property by funding a total of $35 million in exploration expenditures and making cash payments of $4.1 million over a six-year period, Finlay will serve as the operator for both projects and will earn an operator’s fee. (1)

References:

  1. Amarc Resources Ltd. news release dated March 2, 2023 entitled: ‘Amarc JOY District Drilling Significantly Expands PINE Cu-Au Deposit and Makes Important New Discovery at Canyon.’

Qualified Person:

Wade Barnes, P. Geo. and Vice President, Exploration for Finlay Minerals and a qualified person as defined by National Instrument 43-101, has approved the technical content of this news release.

Quality Control/Quality Assurance Program:

Soil samples were sent to the ALS Canada Ltd. (‘ALS’), North Vancouver, Canada facility for preparation and analysis. At ALS, soil samples were dried at 60°C and sieved to -180 μm (-80 mesh). The -80 mesh fraction for all samples were analyzed for Au at ALS by fire assay fusion of a 30 g sub-sample with an ICP-AES finish. Samples were further analyzed for 48 elements using four-acid super trace analysis (ME-MS61).

Rock samples were crushed to 70% passing <2 mm size, mechanically split (riffle split) with a representative sample being pulverized to 85% passing <75 μm. Samples were then analyzed for Au at ALS by fire assay fusion of a 30 g sub-sample with an ICP-AES finish. Samples were further analyzed for 48 elements using four-acid super trace analysis (ME-MS61). ALS is ISO/IEC 17025 accredited.

As part of a comprehensive Quality Assurance/Quality Control (‘QA/QC’) program, Finlay control samples were inserted in each soil sample analytical batch at the rate of one standard and/or blank in 25 regular samples. The control sample results were then checked to ensure proper QA/QC.

About finlay minerals ltd.

Finlay is a TSXV company focused on exploration for base and precious metal deposits through the advancement of its ATTY, PIL, JJB, SAY and Silver Hope Properties; these properties host copper-gold porphyry and gold-silver epithermal targets within different porphyry districts of northern and central BC. Each property is located in areas with recent development and porphyry discoveries having the advantage of hosting the potential for new discoveries.

Finlay trades under the symbol ‘FYL’ on the TSXV and under the symbol ‘FYMNF’ on the OTCQB. For further information and details, please visit the Company’s website at www.finlayminerals.com

On behalf of the Board of Directors,

Robert F. Brown,
Executive Chairman of the Board

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information: This news release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as ‘expect’, ‘plan’, ‘anticipate’, ‘project’, ‘target’, ‘potential’, ‘schedule’, ‘forecast’, ‘budget’, ‘estimate’, ‘intend’ or ‘believe’ and similar expressions or their negative connotations, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’, ‘should’ or ‘might’ occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the exploration plans for the ATTY Property. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay’s proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements, and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.

SOURCE finlay minerals ltd.

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Strong Initial Silver-Gold-Manganese Mineralization at Prince Silver Project

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Including Intersecting: 3.05 Metres at 1,331.00 g/t Ag, 0.16 g/t Au,14.17% Mn, 2.19% Pb, and 4.45% Zn

VANCOUVER, BC / ACCESS Newswire / January 13, 2026 / Prince Silver Corp. (CSE:PRNC,OTC:PRNCF)(OTCQB:PRNCF)(Frankfurt:T130) (‘Prince Silver’ or the ‘Company’), is pleased to announce assay results from the first five holes from its ongoing 9,000-metre reverse circulation (‘RC’) drill program at the Prince Silver Project in Lincoln County, Nevada, USA. (See Figure 1: Project Location Map below).

Derek Iwanaka, CEO and Director states, ‘Our first five RC drill holes have encountered multiple thick, well mineralized intersections from reasonably shallow depths, returning excellent silver, gold, and manganese assay results as outlined below. These initial results indicate the strong likelihood that our planned 30-hole drill program will be successful in verifying the range of tonnes and grades outlined in the Exploration Target* (Refer to Exploration Target section below).’

RC Drill Hole Assay Highlights

PRC-26:

  • 35 feet (10.7 metres) at 59.7 g/t Silver (Ag), 0.12 g/t Gold (Au), 10.97% Manganese (Mn), 1.04% Lead (Pb), and 2.07% Zinc (Zn).

PRC-27

  • 30 feet (9.15 metres) at 139.92 g/t Ag, 0.68 g/t Au,8.57% Mn, 1.48% Pb, and 1.06% Zn; and

  • 10 feet (3.05 metres) at 355.25 g/t Ag, 4.78 g/t Au, 2.69% Pb, and 4.72% Zn.

PRC-28

  • 10 feet (3.05 metres) at 1,331.00 g/t Ag, 0.16 g/t Au,14.17% Mn, 2.19% Pb, and 4.45% Zn; and

  • 5 feet (1.25 metres) at 101.00 g/t Ag, 23.9 g/t Au, and 1.00% Zn.

PRC-29

  • 50 feet (15.24 metres) at 67.25 g/t Ag, 1.17 g/t Au, 2.46% Mn, 1.79% Pb and 0.84% Zn;

    • including 10 feet (3.05 metres) at 120.00 g/t Ag, 3.62 g/t Au, 1.55% Mn, and 2.42% Pb.

PRC-30

  • 25 feet (7.62 metres) at 166.70 g/t Ag, 0.31 g/t Au,8.70% Mn, and 1.14% Zn;

    • including 15 feet (4.57 metres) at 248.17 g/t Ag, 0.52 g/t Au, 13.24% Mn, 0.96 % Pb and 1.55% Zn; and

  • 35 feet (10.67 metres) at 36.79 g/t Ag, 5.67 g/t Au, and 1.44% Zn;

    • including 25 feet (7.62 metres) at 51.50 g/t Ag, 7.73 g/t Au, and 1.99% Zn.

* All drill holes reported in the press release were drilled at 90 degrees through gently dipping 10 to 20 degrees mineralized beds and the above reported intersections are not true width. True widths are estimated to be between 94% to 98.5% of intersected width (for dips of 20 and 10 degrees respectively).

The initial five drill holes are the first assay results received by the Company for its 2025 – 2026 exploration program planning up to 30 RC drill holes. Select results are highlighted above and significant mineral intercepts are presented in more detail in Table 1 below and the drill hole locations are presented in Figure 1 below.

To date, the company has completed 11 RC drill holes with the 12th drill hole initiated on January 9,2026. Samples from mineralized intercepts in drill holes PRC-31 to PRC-36 were delivered to the laboratory in mid-December and their assay results expected in early February 2026.

Figure 1: Drill Hole Locations

Historic and current drilling has encountered multiple gently dipping mineralized beds within a carbonate replacement deposit (‘CRD’) environment hosted by the Combined Minerals Bed and Pioche Shale rock formations. All mineralization encountered in the past and current drilling, is at depths shallower than 300 metres (1000 feet) and therefore, is potentially amenable to open pit mining, subject to further technical and economic evaluation.

Assay results from the first five drill holes, completed in late 2025, as outlined in the highlights above and Table 1 below, demonstrate strong mineralization with three strategic metals, silver, gold and manganese, along with associated base metals. The Company is highly encouraged by the continuity, thickness, and strength of sliver, gold and manganese mineralization encountered in these initial drill holes.

The Company has secured a second drill rig, which is expected to arrive on site mid-January, enabling increased drilling efficiency and an accelerated pace of exploration. The recently expanded drill program is designed to increase and upgrade historical mineralization and support an initial mineral resource estimate. The program is focused on near-surface mineralization and builds upon a substantial historical drill hole database.

Figure 2: Prince Project Location Map:

*Exploration Target

Historical drilling at the Prince Project identified an exploration target (the ‘Exploration Target‘) as outlined in an independent historic report prepared following JORC guidelines (JORC standards for the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves) by OmniGeoX Exploration Consultants of Perth, Australia, based on historical surface and underground drilling. The report is titled ‘Prince Project Exploration Target’, dated April 24, 2024, authored by Dr. Lachlan Rutherford and Michael Martin (OmniGeoX Exploration Consultants, 2024, Prince Project Exploration Target, Independent Report prepared for Prince Silver Corp.).

The Exploration Target was based on 129 historic drill holes drilled through mineralized carbonate replacement beds and host Pioche Shale up to 300 metres in depth. Mineralized polymetallic intersections based on historical block modelling suggest the immediate Exploration Target is between 25-43Mt with grades ranging from 1.44-1.57% Zn, 0.78-0.87% Pb, 0.28-0.40g/t Au, 37-40g/t Ag and 3.62-4.30% Mn.

More comprehensive details on the Exploration Target and historic production are also available in the Company’s press release dated February 27, 2025, available on the Company’s web site and at SEDAR+.

* Readers are cautioned that the Exploration Target is not an ‘inferred’, ‘indicated’ or ‘measured’ mineral resource compliant with National Instrument 43-101 (‘NI 43-101’). The Exploration Target has been determined based upon 129 historic drill holes totaling 16,606 metres, historic production records including mine level plans and 3D modelling of mineralization and geology. The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to define a mineral resource and, it is uncertain if further exploration will result in the Exploration Target being delineated as a mineral resource.

Table 1: Significant Assays Results for Drill Holes PRC 26 – 30

Continued on next page

Continued on next page

Hole intervals marked with ‘avg’ are the average grades of either one or two duplicated of the sample interval.

Quality Assurance / Quality Control

The company is following a robust Quality Assurance / Quality Control (QA/QC) program designed to meet or exceed CIM and AUSIMM standards. Duplicate samples are extensively used to provide verification both at the primary analytical laboratory and at a second independent laboratory as the program progresses. In addition, a certified field standard is inserted for each drill hole set, and sample blanks are randomly included, with no more than one per hole.

All samples are shipped to the laboratory under secure, standard chain-of-custody procedures. Samples are analyzed using 43-element MS-ICP with aqua regia digestion. Samples exceeding limits for Mn, Zn, or Pb are further tested using wet chemical assays. Most samples are also fire assayed for gold and silver using a one-assay-ton gravimetric method, and an average of four samples per hole will have specific gravity measurements conducted at the laboratory.

The principal analytical laboratory for the program is Skyline Assayers & Laboratories Inc., located in Tucson, Arizona, an ISO-accredited facility.

Qualified Person

Ralph Shearing, P.Geo. (Alberta), a Qualified Person under NI 43-101 and Director and President of the Company, has reviewed and approved the technical disclosure in this news release.

About Prince Silver Corp.

Prince Silver Corp. is a silver exploration company advancing its flagship Prince Silver Project in Nevada, USA, featuring a near-surface, historically drilled deposit that remains open in all directions. The Company also holds an interest in the Stampede Gap Project, a district-scale copper-gold-molybdenum porphyry system located 15 km north-northwest of the Prince Silver Project, highlighting Prince Silver’s focus on high-potential, strategically located exploration assets.

On Behalf of the Board of Directors

Derek Iwanaka, CEO & Director
Tel: 236-335-9383
Email: info@princesilvercorp.com
Website: www.princesilvercorp.com

Forward-Looking Information

Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as ‘may’, ‘expect’, ‘estimate’, ‘anticipate’, ‘intend’, ‘believe’ and ‘continue’ or the negative thereof or similar variations. Some of the specific forward-looking information in this news release includes, but is not limited to, statements with respect to: completion of the Acquisition and related transactions, proposed drill programs, amendments to the Company’s website, property option payments and regulatory and corporate approvals. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, dependence on key personnel, completion of satisfactory due diligence in respect of the Acquisition and related transactions, and compliance with property option agreements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, failure to obtain regulatory or corporate approvals, exploration results, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

SOURCE: Prince Silver Corp.

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