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Adyton Resources Corporation (TSXV: ADY,OTC:ADYRF) (OTCQB: ADYRF) (FSE: 701GR) ("Adyton" or the "Company") is pleased to announce that the Papua New Guinea Conservation and Environment Protection Authority (CEPA) has granted the Environment Permit EP-L2(1080) to Wapolu ("Wapolu") or (the "Project").
The grant of the Environment Permit marks an important milestone in the responsible redevelopment of the Wapolu Project. The permit confirms that the Project's environmental management plans have satisfied the requirements of the CEPA framework and supports Adyton's commitment to developing Wapolu in an environmentally responsible manner, in partnership with local communities and stakeholders. With this approval now in place , the remaining key regulatory milestones for the recommencement of mining operations are the grant of a Mining Lease and a Lease for Mining Purposes, both of which are administered through the Mineral Resources Authority (MRA).
"The grant of the Wapolu Environment Permit is a significant de-risking milestone and reflects the considerable work undertaken by our team, government agencies, local landowners and communities to responsibly advance the Project," said Tim Crossley, Chief Executive Officer of Adyton. "We are committed to redeveloping Wapolu in a manner that creates lasting value for all stakeholders. We appreciate the collaborative approach taken throughout this process and look forward to working with the MRA, CEPA, our host communities and all stakeholders as we progress the remaining approvals required to restart mining operations."
Louis Wang, Project Director of EVIH, commented:
"We are pleased to have received the Environment Permit for Wapolu and appreciate CEPA's engagement throughout the assessment process. This approval is an important step in advancing the project toward the restart of operations."
As previously announced on June 8, 2026, the Company received approval from the MRA for a variation to Exploration Licence 2549 ("EL 2549"), which hosts the Wapolu Gold Project, enabling the extraction and processing of an approximately 20,000 tonne bulk sample. The approval of the EL 2549 variation, together with the grant of the Environment Permit, represents meaningful progress toward the restart of mining and processing operations (300,000 tpa ROM) at Wapolu which remains on target for Q4 2026.
The Wapolu Gold Project, together with the neighbouring Gameta licence area, comprises two of the most advanced development assets on Fergusson Island. Both projects are being advanced through the permitting and development process by Adyton and EVIH.
ON BEHALF OF THE BOARD OF Adyton Resources Corporation
Tim Crossley, Chief Executive Officer
For further information please contact:
Tim Crossley, Chief Executive Officer
E‐mail: tcrossley@adytonresources.com
Phone: +61 7 3854 2389
Neither the 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 press release.
ABOUT Adyton Resources Corporation
Adyton Resources Corporation is focused on advancing gold and copper projects in world-class mineral jurisdictions. The Company holds a portfolio of highly prospective assets in Papua New Guinea where it is actively working to expand its existing gold Inferred and Indicated Mineral Resources and build on recent high-grade gold and copper drill results at its 100% owned Feni Island project.
Adyton's projects are located on the Pacific Ring of Fire, on accessible island settings that host several globally significant deposits including the Lihir gold mine and Panguna copper-gold mine on Bougainville Island, both in close proximity to Feni, highlighting the district-scale potential of the Company's land package.
Fergusson Island Au projects
The Fergusson Island Projects currently have a mineral resource prepared in accordance with NI 43-101, which outlined an indicated mineral resource of 5.0 million tonnes at an average grade of 1.28 g/t Au for contained gold of 206,000 ounces and an inferred mineral resource of 23.2 million tonnes at an average grade of 0.99 g/t Au for contained gold of 733,000 ounces, both inferred and indicated resources used a 0.5g/t Au cut-off grade, refer Table below for a breakdown of the Fergusson Island projects Mineral Resources.
| Project | Indicated | Inferred | ||||
| Au (g/t) | Tonnes (million) | Au (koz) | Au (g/t) | Tonnes (million) | Au (koz) | |
| Gameta exploration licence | 1.33 | 4.0 | 173 | 1.01 | 10.5 | 340 |
| Wapolu exploration licence | 1.00 | 1.0 | 33 | 0.97 | 12.7 | 393 |
| Fergusson Island Gold Project | 1.28 | 5.0 | 206 | 0.99 | 23.2 | 733 |
Gameta and Wapolu resources at 0.5g/t gold cut-off
See the technical report dated October 14, 2021, entitled "NI 43-101 Technical Report on the Fergusson Gold Property, Milne Bay Province, Papua New Guinea" prepared for Adyton Resources by Mark Berry (MAIG), Simon Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant and "qualified person" as defined in NI 43-101, available under the Company's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.
See the technical report dated January 7, 2026, entitled "NI 43-101 Technical Report on Wapolu Gold Project" prepared for Adyton Resources by Louis Cohalan (MAIG), an independent mining consultant and "qualified person" as defined in NI 43-101, available under the Company's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.
Feni Island Au-Cu project
The Feni Island Project currently has a mineral resource prepared in accordance with NI 43-101 dated October 14, 2021, which has outlined an initial inferred mineral resource of 60.4 million tonnes at an average grade of 0.75 g/t Au, for contained gold of 1,460,000 ounces, assuming a cut-off grade of 0.5 g/t Au. See the NI 43-101 technical report entitled "NI 43-101 Technical Report on the Feni Gold-Copper Property, New Ireland Province, Papua New Guinea prepared for Adyton Resources by Mark Berry (MAIG), Simon Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant and "qualified person" as defined in NI 43-101, available under Adyton's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.
Qualified Person
The scientific and technical information contained in this press release has been prepared, reviewed, and approved by Dr Chris Bowden, PhD, GCMEE, FAusIMM(CP), FSEG, the Chief Operating Officer and Chief Geologist of Adyton, who is a "Qualified Person" as defined by National Instrument 43‐101 ‐ Standards of Disclosure for Mineral Projects.
For more information about Adyton and its projects, visit www.adytonresources.com.
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Forward-looking statements
This press release includes "forward‐looking statements", including forecasts, estimates, expectations, and objectives for future operations that are subject to several assumptions, risks, and uncertainties, many of which are beyond the control of Adyton. Forward‐looking statements and information can generally be identified by the use of forward‐looking terminology such as "may", "will", "should", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward-looking statements in this news release include plans pertaining to the drill program, the intention to prepare additional technical studies, the timing of the drill program, uses of the recent drone survey data, the timing of updating key findings, the preparation of resource estimates, and the deeper exploration of high-grade gold and copper feeder systems. The forward‐looking information contained herein is provided for the purpose of assisting readers in understanding management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes.
Forward‐looking information are based on management of the parties' reasonable assumptions, estimates, expectations, analyses, and opinions, which are based on such management's experience and perception of trends, current conditions and expected developments, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the projects in a timely manner; the availability of financing on suitable terms for the development; construction and continued operation of the Fergusson Island Project and the Feni Island Project; the ability to effectively complete the drilling program; and Adyton's ability to comply with all applicable regulations and laws, including environmental, health and safety laws.
Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect Adyton's management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of managements considered reasonable at the date the statements are made. Although Adyton believes that the expectations reflected in such forward-looking statements are reasonable, such information involves risks and uncertainties, and under reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements expressed or implied by Adyton. Among the key risk factors that could cause actual results to differ materially from those projected in the forward-looking statements are the following: impacts arising from the global disruption, changes in general macroeconomic conditions; reliance on key personnel; reliance on Zenex Drilling; changes in securities markets; changes in the price of gold or certain other commodities; change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave‐ins and flooding); discrepancies between actual and estimated metallurgical recoveries; inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of and changes in the costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward‐looking statements. Such forward‐looking information represents management's best judgment based on information currently available. No forward‐looking statement can be guaranteed, and actual future results may vary materially. Readers are cautioned not to place undue reliance on forward-looking statements or information. Adyton Resources Corporation undertakes no obligation to update forward‐looking information except as required by applicable law.
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