Analysts See 'Historic Dislocation' Between Gold Prices and Miner Valuations

Issued on behalf of Rua Gold Inc.

USA News Group News Commentary Gold mining stocks are still too cheap according to analysts at JP Morgan . In their latest note, JP Morgan tentatively sees $4,100 per ounce gold prices for 2026, and based on that estimate foresees plenty of value in gold mining shares from larger producers all the way down the chain to small- and mid-cap companies. Analysts at Jefferies still think things are out of balance, pointing to a historic valuation gap, with many gold equities still priced as if bullion were stuck at $2,500 an ounce . As gold rises, other analysts are calling for a mining equities breakout leading to extra attention on miners of all sizes, including Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF), Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF), 1911 Gold Corporation (TSXV: AUMB) (OTCBB: AUMBF), Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI), and Seabridge Gold (NYSE: SA) (TSX: SEA).

According to analysts at Goldman Sachs , it's the central banks acting as a driving purchasing force behind the current record-breaking gold bull market, accumulating roughly 80 metric tons of gold a month worth ~$8.5 billion at current prices. With all the global uncertainty and turbulence, it's no surprise to analysts like George Milling-Stanley from State Street Global Advisors that gold will continue to make sense for investors for its attributes and potential.

Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) is advancing a portfolio of high-grade, district-scale gold projects in New Zealand—an emerging exploration hotspot with deep historical roots and modern infrastructure. The company recently announced new high-grade intercepts from its Cumberland project, including 1 metre at 26.9 g/t gold and another at 16.2 g/t, building on a previously returned 62.2 g/t gold , including a standout prior result of 1 metre at 1,911 g/t gold. These hits confirm the near-surface continuity of the Gallant vein system, which became RUA's first drill-tested target generated via VRIFY's AI-powered targeting platform .

"From the very first drill holes, we intersected significant, wide quartz veins hosting high-grade gold, confirming historical intercepts," said Robert Eckford , CEO of Rua Gold . "This marks an exciting start, validating the effectiveness of the VRIFY AI targeting process and confirming near-surface mineralization with the potential to extend the envelope of known mineralization across a 2km structural zone.. It's a major step forward for our hub-and-spoke strategy in Reefton… The Gallant prospect represents the first VRIFY AI target that we have drilled so far. This structure is traceable on surface for over 600m and remains largely untested along strike and at depth."

Gallant sits just 3 km from the historic Globe Progress mine and features steeply dipping quartz veins up to 14 metres thick. Historic drill data from the area includes 20.7 metres of quartz with gold grades reaching 1,911 g/t near surface—highlighting the potential for a shallow, high-grade resource. RUA has now launched a follow-up program stepping 100 metres to the south, with assays pending.

Beyond Gallant, Rua Gold holds commanding control of the Reefton Goldfield, covering roughly 95% of a district that historically produced more than 2 million ounces of gold at grades between 9 and 50 g/t. The Auld Creek project continues to deliver encouraging results as well, with recent intercepts of 9.0 metres at 5.9 g/t gold equivalent and 1.25 metres at 48.3 g/t. Notably, only two of the four known mineralized shoots are currently included in the working model. Previous drilling has returned 12 metres at 12.2 g/t gold equivalent, including a 2-metre stretch at 54.8 g/t.

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Auld Creek also hosts significant antimony mineralization—an increasingly strategic metal trading above US$50,000 per tonne . Surface samples have shown grades above 40% antimony , and drill holes have returned multiple intercepts over 8%. The New Zealand government's early 2025 declaration of antimony as a critical mineral further elevates the project's dual-metal value proposition.

On the North Island, Rua Gold is progressing its Glamorgan project in the Hauraki Goldfield, where a second surface campaign outlined three distinct gold-arsenic anomalies across a 4-kilometre corridor. Rock chip sampling returned up to 43 g/t gold, and CSAMT geophysical surveys identified resistive zones typical of quartz-rich vein systems. Drill access is in the final stages of approval, with targets prioritized through VRIFY's DORA AI engine .

Backed by $5.75 million in capital and led by a leadership team with over $11 billion in past mining exits, Rua Gold is aiming to uncover high-grade discoveries in underexplored terrain. With multiple active programs, AI-guided targeting, and a pipeline of assays and agreements on the horizon, the company is positioning itself as one of New Zealand's most advanced early-stage gold explorers heading into 2025.

CONTINUED… Read this and more news for Rua Gold at: https://usanewsgroup.com/2025/04/02/others-found-1911-g-t-here-before-now-a-proven-11b-mining-team-is-back-to-finish-the-job/

In other industry developments and happenings in the market include:

Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) recently intersected 7.0 metres grading 10.3 g/t gold equivalent (including 2.0 metres at 14.3 g/t AuEq) at its Wild Dog project in Papua New Guinea .

"The first drill results from our Phase 1 drill program at Wild Dog did not disappoint," said Greg McCunn , CEO of Great Pacific Gold . "We now have a drill rig on the ground, a highly experienced technical team, and the infrastructure support in place to explore the potential of this system."

The intercept came from WDG-02, drilled beneath a historic pit, confirming the presence of high-grade sulphide mineralization near surface. The current 2,500-metre drill campaign spans 16 planned holes across a 3-kilometre segment of a 15-kilometre target zone. Assays are pending from WDG-03, and hole WDG-04 is now in progress.

1911 Gold Corporation (TSXV: AUMB) (OTCBB: AUMBF) continues to expand its San Antonio West target at the True North project, returning standout grades such as 1.0 metre at 62.40 g/t gold and 2.1 metres at 8.81 g/t.

"These follow-up holes at the San Antonio West target show evidence of several shear structures and also higher grades as we extend drilling to depth," said Shaun Heinrichs , CEO and President of 1911 Gold . "The results continue to show another parallel ore shoot to the San Antonio Mine vein system, similar to what we are seeing on the San Antonio Southeast target."

The zone, hosted within the historically productive San Antonio gabbro, now shows gold mineralization across three parallel vein systems traced over 500 metres laterally and 260 metres vertically. The program supports the presence of a new ore shoot west of the historic San Antonio Mine, bridging toward the Cartwright resource. With 39 holes drilled to date and a 30,000-metre campaign planned, the company is prioritizing underground access and resource expansion.

Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI) is advancing its Diamba Sud Project with fresh intercepts from the Southern Arc prospect, where drilling returned 13.6 meters at 8.6 g/t gold and 11.8 meters at 9.3 g/t. Infill drilling at nearby deposits also yielded high-grade intervals, such as 113.7 g/t gold over 6.4 meters at Area D and 28.8 meters at 3.0 g/t at Area A.

"Our exploration work at Diamba Sud continues to yield strong results, particularly from areas with limited historical drilling," said Paul Weedon , Senior Vice President of Exploration at Fortuna Mining Corp. "These results further reinforce the project's potential for near-term resource growth."

Exploration remains active across several zones, including Moungoundi and Western Splay, where mineralization appears open along strike and at depth. All results will be included in the next resource update.

Seabridge Gold (NYSE: SA) (TSX: SEA) has begun drilling at Snip North, a new copper-gold porphyry discovery at its Iskut Project in northwest British Columbia .

"Last year's discovery at Snip North has given us clear direction on where to focus to deliver new resources in this year's program," said Rudi Fronk , Chairman and CEO of Seabridge Gold . "We are also targeting the source intrusion for this prospective resource which we expect to be rooted in a district-scale structural trend, named the Bronson Trend."

The company plans to complete 8,000 metres of core drilling using three helicopter-portable rigs, targeting a maiden resource estimate and deeper source intrusions. Exploration will also assess other porphyry prospects within the district-scale Bronson Trend, where recent geophysics and mapping indicate multiple mineralized systems. The $13.4 million program builds on last year's success and reflects Seabridge's broader strategy to uncover large-scale porphyry systems beyond KSM.

Article Source: https://usanewsgroup.com/2025/04/02/others-found-1911-g-t-here-before-now-a-proven-11b-mining-team-is-back-to-finish-the-job/

CONTACT:

USA NEWS GROUP
info@usanewsgroup.com
(604) 265-2873

DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for Baystreet.ca media corp, who has been paid a fee for an advertising contract with Rua Gold Inc. ( forty five thousand dollars Canadian for a three month contract subject to the terms and conditions of the agreement from the company direct). MIQ has not been paid a fee for Rua Gold Inc. advertising or digital media, but the owner/operators of MIQ also co-owns Baystreet.ca Media Corp. ("BAY") There may also be 3rd parties who may have shares of Rua Gold Inc. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY does not own any shares of Rua Gold Inc. but reserve the right to buy and sell, and will buy and sell shares of Rua Gold Inc. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by Rua Gold Inc. Technical information relating to Rua Gold Inc. has been reviewed and approved by Simon Henderson , CP, AUSIMM, a Qualified Person as defined by National Instrument 43-101. Mr. Henderson is Chief Operational Officer of Rua Gold Inc., and therefore is not independent of the Company; this is a paid advertisement, we currently do not own any shares of Rua Gold Inc. but will likely buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

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Rua Gold RUA:CC TSXV:RUA Precious Metals Investing

RUA:CC

RUA GOLD Reports High-Grade Intercepts at Auld Creek, Including 17m @ 9.8g/t AuEq and 8m @ 8.9g/t AuEq, Extending Strike of Current Resource

Highlights:

Auld Creek hosts an inferred resource contained within two mineralized shoots, Bonanza and Fraternal, which outcrop at surface. Recent drilling has increased the vertical extent of the resource from 160m to 300m and increased the strike length from 350m to 620m. The resource remains open in all directions, with every drill hole intersecting the structure.
Highlighted assay results show:
- ACDDH037: 8m @ 8.9g/t AuEq¹ (6.2g/t Au & 0.6% Sb) from 158m depth
  - Including 5m @ 11.1 g/t AuEq¹ (7.0g/t Au & 1.0% Sb)
- ACDDH039: 17m @ 9.8 AuEq¹ (3.6g/t Au & 1.5% Sb) from 155m depth
  - Including 10m @ 15.3 g/t AuEq¹ (5.0g/t Au & 2.4% Sb)
Two rigs are currently drilling at Auld Creek, testing the Bonanza shoot in the north and the Fraternal shoot in the south. Surface soil geochemistry has confirmed the system can be traced over a 2.5km strike length.
The drilling program at the first Cumberland target, Gallant, has concluded after sixteen drill holes. Initial results were encouraging, identifying three correlated mineralized quartz veins; however, these have not demonstrated continuity on a larger scale due to structural complexity.
Regional Program: VRIFY AI modelling has guided target generation for regional exploration work >30km south of Reefton at Bell Hill (refer to Figure 6). Initial surface rock-chip sampling of outcropping quartz veins returned grades of 14.2 g/t and 14.3g/t Au. September 8, 2025

Rua Gold Inc. (TSXV: RUA,OTC:NZAUF) (OTCQB: NZAUF) (WKN: A40QYC) ("Rua Gold" or the "Company") is pleased to provide an update on its ongoing drilling campaign at the Reefton Project, located on the South Island of New Zealand. The Company reports additional high-grade gold-antimony intersections, identified 270 meters north along strike of the current resource estimate.

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RUA GOLD Expands Reefton Drill Program and Provides Strategic Outlook

Rua Gold Inc. (TSXV: RUA,OTC:NZAUF) (OTCQB: NZAUF) (WKN: A40QYC) ("Rua Gold" or the "Company") is pleased to announce the commencement of an expanded drilling program at its Reefton Project on the South Island of New Zealand, and outlines the strategy for its fully funded 12-month exploration program.

Highlights:

Robert Eckford, CEO of Rua Gold commented: "We closed Q2 2025 with $14 million in the treasury, placing us in a strong position to execute on our aggressive exploration plan in New Zealand. Over the past month, our Board and Management team have been focused on shaping the Company's strategy to transition us from an explorer to a developer.

With New Zealand's highly supportive permitting regime, our goal is to rapidly build ounces on our balance sheet and enter the "Fast Track Permitting Process" in 2026.

As our gold-antimony resource continues to grow rapidly - and with antimony at the top of every nations' critical minerals lists - the significance of this resource expansion and accelerated permitting is substantial for both Rua Gold and New Zealand"

Figure 1: Conceptual Plan for Auld Creek Resource Expansion Drilling

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10755/261264_7a1d886224f7aab4_007full.jpg

Figure 2: Alexander River long-section schematic

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10755/261264_b92d33bd249cf94d_001full.jpg

Reefton Goldfield Exploration Overview

The Reefton Goldfield is an orogenic district that produced 2Moz of gold at grades up to 50g/t up to the early 1900s. Rua Gold has assembled 120,000 hectares within this district that has seen limited drilling in the last 30 years. This goldfield is analogous in age, geology, mineralization style, and geological structure to that of Southern Cross Gold and the Fosterville Gold mine.

Auld Creek: Rua Gold commenced drilling at Auld Creek in December 2024 and has completed ~2,800 metres of drilling. The targeted program aims to add a further 4,000 metres of drilling across four mineralised shoots identified from surface exploration work (Figure 1). Following this, the resource will be refreshed and updated into the 43-101 report.

The Company is targeting an increase of the Auld Creek resource to over 300,000 gold-equivalent ounces by the end of 2025. This target is a global estimate based on current resource surface extension of 350 metres being extended over a 1km on surface at similar depths of 280 metres. Insufficient exploration to define a mineral resource has been completed to date and there is uncertainty if a mineral resource estimate will be delineated, therefore economic decisions should not be made on this target.

Auld Creek is situated between two past producing mines, Globe Progress mine, and the Crushington Group of mines which collectively produced 933,000oz at 14.0g/t Au (Barry 1993).

Cumberland: Initial drilling from Rua Gold confirms the consistency of the near-surface gold mineralization and supports the strong potential of this target. Ongoing drilling is targeting the southern surface extension 100m along strike and at depth. Intensified surface exploration is underway to delineate additional drill targets along the 2.5 km long gold mineralized shear zone.

Additional targets are currently being modelled and surveyed across the Reefton Goldfield, including Caledonia in the north, and Alexander River in the south. Caledonia represents a historical mine recording the highest grade production (9 oz/ton gold) in the Reefton Goldfield. It was abandoned early and represents a shallow development target.

"The first crushing yielded at the rate of 9 oz. per ton, with subsequent crushings averaging about 4 oz. per ton. The ore-shoot had a steep easterly dip, and pitched to the north at about 30°. It had an average length of about 180 ft. and a width of 3 ft." * Henderson 1917.

Alexander River returned historical production of 41Koz @ 26g/t Au, mining ceasing in 1942 due to WWII. Mineralization outcrops over 1.2kms, comprises high-grade quartz reefs and disseminated sulfides; predecessor Siren Gold drilled extensively along the structure, and intersected some exceptionally high-grade zones which remain open at depth (Figure 2 Alexander River long-section schematic).

An Inferred Resource 130koz @ 4.1g/t Au* has potential to develop along strike and at depth, remodeling and further drilling is a priority of the strategic plan.

*NI 43 101 Technical Report on the Reefton Project, New Zealand. Prepared for Rua Gold Inc, 30 October 2024.

Glamorgan Exploration Overview

Glamorgan on the North Island is an exciting new epithermal gold target. Rua Gold has completed extensive surface exploration over the past 12 months as a precursor to drill targeting. Four significant gold-arsenic soil anomalies trending north, north-east and north-northwest strike out individually over 4 kms in length. Drill applications have now been submitted and drilling is expected to commence in Q4 2025.

Results from the work to date indicate the classic features of a major epithermal gold-silver system and are identical to the surface features of neighboring OceanaGold Project, Wharekirauponga, which is currently in New Zealand's Fast Track Permitting process with a decision expected in Q4 2025.

Importantly, Rua Gold's Chief Operating Officer, Simon Henderson was a member of the exploration team that led to the discovery of Wharekirauponga and has more the 25 years working in the region.

New Marketing Agreements

Capital Gain Media Inc.: On August 4, 2025, the Company entered into an investor relations agreement with Capital Gain Media Inc. ("Capital Gain"). Pursuant to the investor relations agreement, Capital Gain has agreed to provide content development and digital marketing services. The investor relations agreement will remain in effect for five (5) months commencing on August 4, 2025. In accordance with the terms and conditions of the investor relations agreement and as consideration for the services provided by Capital Gain, the Company agreed to pay an aggregate cash fee of US$120,000, plus applicable taxes. As of the date hereof, to the Company's knowledge, Capital Gain (including its directors and officers) does not own any securities of the Company and has an arm's-length relationship with the Company. Under the Capital Gain Agreement, the Company will not issue any securities to Capital Gain as compensation for its marketing service. Capital Gain provides investor relation services and the contact information for Capital Gain is: Capital Gain Media Inc., 1111 West Hastings Street, 15th Floor, Vancouver, BC V6E 2J3. The contact person of Capital Gain is Graham Colmer, email: admin@capitalgainmedia.com, phone: 1 (604) 379-8363.

Sidis Holdings: The Company has entered into a Services Agreement dated July 30, 2025 (the "Sidis Holdings Agreement") with Sidis Holdings pursuant to which Sidis Holdings has agreed to provide investor relations, market awareness campaigns and digital media support. Pursuant to the terms of the Sidis Holdings Agreement, such services are to be provided over a 6-month period, for a fee of US$120,000 plus applicable taxes. Sidis Holdings is a full-service marketing agency based in Hong Kong, and is headed by Francis Barker. As of the date hereof, to the Company's knowledge, Sidis Holdings (including its directors and officers) does not own any securities of the Company and has an arm's-length relationship with the Company. Under the Sidis Holdings Agreement, the Company will not issue any securities to Sidis Holdings as compensation for its marketing service.

ABOUT Rua Gold

Rua Gold is an exploration company, strategically focused on New Zealand. With decades of expertise, our team has successfully taken major discoveries into producing world-class mines across multiple continents. The team is now focused on maximizing the asset potential of Rua Gold's two highly prospective high-grade gold projects.

The Company controls the Reefton Gold District as the dominant landholder in the Reefton Goldfield on New Zealand's South Island with over 120,000 hectares of tenements, in a district that historically produced over 2Moz of gold grading between 9 and 50g/t.

The Company's Glamorgan Project solidifies Rua Gold's position as a leading high-grade gold explorer on New Zealand's North Island. This highly prospective project is located within the North Islands' Hauraki district, a region that has produced an impressive 15Moz of gold and 60Moz of silver. Glamorgan is adjacent to OceanaGold Corporation's biggest gold mining project, Wharekirauponga.

For further information, please refer to the Company's disclosure record on SEDAR+ at www.sedarplus.ca.

TECHNICAL INFORMATION

Simon Henderson CP, AUSIMM, a qualified person under National Instrument 43-101 Standards of Disclosure for Mineral Projects and Chief Operating Officer and a director of Rua Gold, has reviewed and approved the technical disclosure contained herein. Mr. Henderson has verified the data disclosed by running checks on the location, analytical, and test data underlying the information in the technical disclosure herein.

Rua Gold Contact

Robert Eckford
Chief Executive Officer
Email: reckford@RUAGOLD.com
Website: www.RUAGOLD.com

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

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and specifically include statements regarding: the Company's strategies, expectations, planned operations or future actions, including but not limited to exploration programs at its Reefton and Glamorgan projects and the results thereof. Although the Company 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 may differ materially from those in the forward-looking statements.

Investors are cautioned that any such forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are beyond the Company's control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward looking statements. Some of these risks, uncertainties and factors include: general business, economic, competitive, political and social uncertainties; risks related to the effects of the Russia-Ukraine war; risks related to climate change; operational risks in exploration, delays or changes in plans with respect to exploration projects or capital expenditures; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; changes in labour costs and other costs and expenses or equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, flooding or unfavorable operating conditions and losses, insurrection or war, delays in obtaining governmental approvals or financing, and commodity prices. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements and reference should also be made to the Company's short form base shelf prospectus dated July 11, 2024, and the documents incorporated by reference therein, filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors.

Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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RUA GOLD Closes C$13.8 Million Brokered Offering Including the Full Exercise of Over-Allotment Option

Highlights

Closing the oversubscribed brokered offering for $13.8 million of gross proceeds.
Offering was completed without dilutive warrants and without a significant discount to market trading price.
Incoming key long-term supportive 9.9% shareholder leading the private placement and serving as a cornerstone investor to the Rua Gold journey.
Completion of this financing secures a treasury balance sufficient to fund 12 to 18 months of aggressive exploration across on the projects.

Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) (WKN: A40QYC) ("Rua Gold" or the "Company") is pleased to announce that it has closed its previously announced brokered "best efforts" public offering (the "Public Offering") and private placement (the "Private Placement" and with the Public Offering, the "Offering") consisting of 19,714,450 common shares in the capital of the Company (each, a "Common Share"), which included the exercise of the over-allotment option in full, at a price of C$0.70 per Common Share for aggregate gross proceeds of C$13,800,115.

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RUA GOLD Announces C$12 Million Brokered Offering of Common Shares

Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) (WKN: A40QYC) (" Rua Gold " or the " Company ") is pleased to announce that it has entered into an agreement with Cormark Securities Inc. and Red Cloud Securities Inc., to act as agents (the " Agents ") on a "best efforts" agency basis in connection with a public offering (the " Public Offering ") and contemporaneous private placement (the " Private Placement ") of 17,143,000 common shares in the capital of the Company (each, a " Common Share ") at a price of C$0.70 per Common Share (the " Offering Price ") for aggregate gross proceeds of C$12,000,100 (the " Offering "). The allocation of the number of Common Shares to be issued in connection with the Public Offering and the Private Placement will be determined prior to filing the Supplement (as defined below).

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Locksley Resources Limited Assessment and Evaluation of DeepSolv Program Expansion

Perth, Australia (ABN Newswire) - Locksley Resources Ltd (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is pleased to advise that a senior Locksley team has completed a visit to Rice University in Houston, Texas, to formally evaluate the Company's research collaboration with Rice.

Highlights

- Given increased industry interest in DeepSolv(TM), the Company has requested the expansion & acceleration of the Rice technology program

- The expansion would include the following components:

o Testing of multiple antimony feedstocks at different processing stages, direct ore, post DMS and high-grade concentrates

o Testing of antimony feedstock from multiple sources including the Mojave Project, EV Resources and additional other 3rd party samples

- Meetings held with Professor Pulickel Ajayan, Rice Executive Vice President for Research, and Technology Transfer Office

- Dedicated project workshop with the Ajayan research team to discuss technical programs

- Locksley in discussions with an additional mining group regarding the opportunity of evaluation the DeepSolv(TM) technology

- Locksley is focused upon providing Antimony processing independence to the USA and the opportunity presented by the $1.5bn+ domestic market

During the visit, the Locksley team met with Professor Pulickel Ajayan and members of his laboratory, senior Rice administrators including the Executive Vice President for Research and the Office of Technology Transfer and representatives from Rice Public Affairs. These discussions were followed by a dedicated project workshop with the Ajayan group, providing the foundation for the joint technical program under the collaboration.

The work program, formally launched through this visit, will focus on two parallel thrusts:

1. The development of DeepSolv(TM) product, for the extraction and refining of antimony feedstocks

2. The evaluation of antimony-based materials for advanced energy storage applications

As previously announced, Locksley has secured an agreement with EV Resources for the supply of external antimony ore, which will be incorporated alongside feedstock from the Mojave Project to support the development of DeepSolv(TM). In addition, DeepSolv(TM) continues to gain industry momentum, with discussions now underway with an additional potential user for the treatment of antimony ore. Given the growing industry interest in DeepSolv(TM) the Company is actively evaluating options to expand and accelerate the Rice technology program.

Locksley views the Rice partnership as a cornerstone of its U.S. strategy, providing access to world class expertise and positioning the Company to advance both upstream and downstream opportunities in antimony and rare earths.

Locksley's Chairman Patrick Burke, commented:

"This visit marks an important milestone in Locksley's mine-to-market strategy to onshore the supply of antimony and rare earths into the United States. By formally commencing our collaboration with Rice University and incorporating additional ore supply secured through our agreement with EV Resources, we have laid the foundation for a practical and accelerated testwork program. These initiatives position Locksley at the centre of developing a secure domestic supply chain, aligned with U.S. government priorities. We look forward to working closely with Professor Ajayan and his team as we move rapidly toward delivering tangible results."

*To view images and figures, please visit:
https://abnnewswire.net/lnk/U3C84R75

About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly prospective mineral region.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project comprises over 250 claims across two contiguous prospect areas, namely, the North Block/Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials' claims, highlighting the strong geological continuity and exploration potential of the project area.

In addition to rare earths, the Mojave Project hosts the historic "Desert Antimony Mine", which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With significant surface sample results, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.

Locksley's North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.

Tottenham Project

Locksley's Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation

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LaFleur Minerals Announces Listing on Tradegate, Bolstering its International Visibility and Exposure to European Markets

LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur Minerals" or the "Company") is pleased to announce that as of today, its shares are listed for trading on the Tradegate Exchange ("Tradegate"), one of Europe's most active investor-focused platforms, headquartered in Berlin, Germany. This listing marks a significant step in LaFleur Minerals' strategy to expand its global shareholder base and increase access to European capital markets.

The Company joined Tradegate in order to enhance visibility and accessibility to European and international investors, during an exciting and pivotal time in its exploration and development activities, as LaFleur Minerals transitions from explorer to fully-integrated gold producer at its flagship Beacon Gold Mill located in the prolific Abitibi Gold Belt. As the Company continues to expand its presence throughout new markets, Tradegate provides LaFleur Minerals with a unique opportunity to connect with a diverse, international and growing pool of investors, further solidifying its commitment to transparency, accessibility and long-term growth.

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Cartier Starts Metallurgical Testwork Program at Cadillac

Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR,OTC:ECRFF; FSE: 6CA) is pleased to announce it has awarded the contract to Soutex, a firm specializing in mineral processing and metallurgy, to carry out the first advanced and comprehensive metallurgical sampling and testwork program for the Main Sector of its Cadillac Project.

Key Objectives of the Program

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Hole ID	Easting	Northing	rL	Total Depth	Site _ID	Dip	Azimuth (true)	Year
ACDDH022	1507213	5333198	511.11	108.5	Pad 10	-54	193	2024
ACDDH023	1507213	5333200	510.87	51.5	Pad 10	-60	85	2024
ACDDH024	1507290	5333150	538.41	156.3	Old Pad 13	-37	220	2025
ACDDH025	1507290	5333151	538.03	180.9	Old Pad 13	-54	248	2025
ACDDH026	1507291	5333151	537.77	200	Old Pad 13	-59	231	2025
ACDDH027	1507291	5333150	538.15	193.4	Old Pad 13	-45	212	2025
ACDDH028	1507078	5332957	605.4	243.5	Pad 18	-50	104	2025
ACDDH029	1507079	5332956	605.43	256	Pad 18	-50	120	2025
ACDDH030	1507074	5332955	606.38	268.5	Pad 18	-53	85	2025
ACDDH031	1507074	5332955	606.24	336	Pad 18	-65	74	2025
ACDDH032	1507075	5332956	606.15	351.6	Pad 18	-70	108	2025
ACDDH033	1507076	5332956	606.13	291.1	Pad 18	-64	92	2025
ACDDH034	1507213	5333197	511.61	200	Pad 10	-72	267	2025
ACDDH035	1507209	5333371	511.61	194.3	Pad 02	-53	85	2025
ACDDH036	1507209	5333371	511.61	200.8	Pad 02	-60	125	2025
ACDDH037	1507209	5333371	511.61	189.3	Pad 02	-62	49	2025
ACDDH038	1507209	5333371	511.61	154.3	Pad 02	-67	72	2025
ACDDH039	1507209	5333371	511.61	188	Pad 02	-75	60	2025
ACDDH040	1507209	5333371	511.61	238.7	Pad 02	-67	39	2025

Hole ID	From	To	Interval	Au (g/t)	Sb (%)
ACDDH026	175	175.9	0.9	0.96
ACDDH026	175.9	177.1	1.2	1.55
ACDDH027	152	153	1	2.52
ACDDH027	153	154	1	1.88
ACDDH027	154	155	1	3.44
ACDDH027	155	156	1	2.25
ACDDH027	156	157	1	1.84
ACDDH027	157	158	1	0.37
ACDDH027	158	159	1	0.15
ACDDH027	159	160	1	2.38	0.013%
ACDDH027	160	161	1	2.39	0.802%
ACDDH027	161	162	1	4.75	0.008%
ACDDH027	162	163	1	2.84	0.016%
ACDDH027	163	164	1	8.42	0.010%
ACDDH027	164	165	1	4.7	0.010%
ACDDH027	165	166	1	3.77	0.009%
ACDDH027	166	167	1	15	0.178%
ACDDH027	167	168	1	3.11	0.428%
ACDDH028	209.5	210.15	0.65	0.92
ACDDH028	210.15	210.6	0.45	18.4	11.600%
ACDDH028	210.6	211.4	0.8	8.28	4.680%
ACDDH028	211.4	212	0.6	1.68
ACDDH031	310.4	312.5	2.1	5.4	13.06%
ACDDH032	296	305	9.0	0.6
ACDDH033	263.8	265	1.2	2.09	0.30%
ACDDH033	265	266	1	0.54	0.02%
ACDDH033	266	267	1	1.58
ACDDH033	267	268	1	0.71
ACDDH035	127	128	1	2.48
ACDDH035	128	129	1	1.5
ACDDH036	84	85	1	1.63
ACDDH036	85	86	1	0.18
ACDDH036	86	87	1	0.21
ACDDH036	87	88	1	0.5
ACDDH036	88	89	1	0.68
ACDDH036	89	90	1	2.08	0.06%
ACDDH037	147	148	1	1.98	0.02%
ACDDH037	148	149	1	0.44
ACDDH037	149	150	1	1.55
ACDDH037	150	151	1	0.26
ACDDH037	151	152	1	0.05
ACDDH037	152	153	1	0.07
ACDDH037	153	154	1
ACDDH037	154	155	1
ACDDH037	155	156	1	0.07
ACDDH037	156	157	1	0.59	0.02%
ACDDH037	157	158	1		0.01%
ACDDH037	158	159	1	10.8	0.04%
ACDDH037	159	160	1	10.8	0.79%
ACDDH037	160	161	1	8.46	0.02%
ACDDH037	161	162	1	6	1.70%
ACDDH037	162	163	1	7.49	2.31%
ACDDH037	163	164	1	2.15
ACDDH037	164	165	1	2.24
ACDDH037	165	166	1	1.93
ACDDH037	166	167	1	0.99
ACDDH037	167	168	1	1.05
ACDDH037	168	169	1	1.7	0.02%
ACDDH038	109.5	110.5	1	2.43
ACDDH038	110.5	111.3	0.8	0.59
ACDDH038	111.3	112	0.7	0.73
ACDDH038	112	113	1	0.43
ACDDH039	150	151	1	1.48	0.01%
ACDDH039	151	152	1	0.9	0.03%
ACDDH039	152	153	1	1.22	0.06%
ACDDH039	153	154	1	0.27	0.01%
ACDDH039	154	155	1	2.73	0.53%
ACDDH039	155	156	1	6.87	0.04%
ACDDH039	156	157	1	3	1.67%
ACDDH039	157	158	1	8.06	4.83%
ACDDH039	158	159	1	4.47	3.05%
ACDDH039	159	160	1	2.52	0.08%
ACDDH039	160	161	1	8.01	5.22%
ACDDH039	161	162	1	3.35	0.21%
ACDDH039	162	163	1	5.62	0.16%
ACDDH039	163	164	1	0.71	0.01%
ACDDH039	164	165	1	7.63	8.75%
ACDDH039	165	166	1	1.8	0.01%
ACDDH039	166	167	1	1.84	0.02%

Hole ID	Easting	Northing	rL	Total Depth	Site _ID	Dip	Azimuth (true)	Year
CUDDH001	1508688	5327986	619.24	89.9	Pad 01	-46	92	2025
CUDDH002	1508688	5327986	619.22	104.8	Pad 01	-69	92	2025
CUDDH003	1508687	5327987	619.06	157.8	Pad 01	-57	40	2025
CUDDH004	1508688	5327986	619.08	194.5	Pad 01	-78	92	2025
CUDDH005	1508689	5327987	619.11	133.7	Pad 01	-45	135	2025
CUDDH006	1508685	5327989	618	47.6	Pad 01	-60	140	2025
CUDDH007	1508689	5327987	619.21	149.6	Pad 01	-63	136	2025
CUDDH008	1508699	5327857	647.53	246	Pad 07	-45	140	2025
CUDDH009	1508699	5327857	647.58	146	Pad 07	-45	124	2025
CUDDH010	1508699	5327857	647.58	146.2	Pad 07	-59	88	2025
CUDDH011	1508699	5327857	647.58	209	Pad 07	-62	134	2025
CUDDH012	1508699	5327857	647.58	177.7	Pad 07	-45	245	2025
CUDDH013	1508750	5328017	604.49	163.2	Pad 06	-54	226	2025
CUDDH014	1508750	5328017	604.49	94.5	Pad 06	-59	253	2025
CUDDH015	1508750	5328017	604.49	169.2	Pad 06	-65	250	2025
CUDDH016	1508750	5328017	604.49	200	Pad 06	-45	90	2025

Hole ID	From	To	Interval	Au (g/t)
CUDDH001	44	45	1	16.17
CUDDH001	45	46	1	1.12
CUDDH001	46	47	1	1.61
CUDDH002	64	65	1	1.03
CUDDH002	65	66	1
CUDDH002	66	67	1	2.85
CUDDH002	67	68	1	0.42
CUDDH002	68	69	1	0.31
CUDDH002	69	70	1	1.55
CUDDH002	70	71	1	3.59
CUDDH002	71	72	1	26.9
CUDDH002	72	73	1	1.31
CUDDH002	73	74	1	0.03
CUDDH002	74	75	1	0.58
CUDDH002	75	76	1	0.72
CUDDH002	76	77	1	3.88
CUDDH002	77	78	1	0.88
CUDDH003	38	39	1	0.24
CUDDH003	39	40	1	0.2
CUDDH003	40	41	1	0.49
CUDDH005	54.2	55.9	1.7	0.13
CUDDH005	59.3	60.1	0.8	0.14
CUDDH005	60.1	60.8	0.7	0.62
CUDDH008	154	155	1	0.12
CUDDH008	155	156	1	0.52
CUDDH008	156	157	1	0.77
CUDDH008	157	158	1	0.12
CUDDH008	167	168	1	0.97
CUDDH008	168	169	1	0.5
CUDDH008	175	176	1	2.61
CUDDH008	176	177	1	0.98
CUDDH008	177	178	1	0.09
CUDDH008	178	179	1	0.44
CUDDH012	118	119	1	1.04
CUDDH012	119	120	1	2.64
CUDDH012	120	121	1	0.87
CUDDH012	121	122	1	0.44

Sample ID	Easting	Northing	rL	Au (g/t)	Year
GERS0895	1484012	5286738	243	14.3	2025
GERS0896	1490781	5293290	378	14.2	2025

Hole ID	Easting (m)	Northing (m)	Elevation (m)	Azimuth	Dip	Length (m)
ALT-25-012	623262	6915969	1083	135	-60	336.75
ALT-25-013	623021	6916482	1043	230	-05	In Progress

Analysts See 'Historic Dislocation' Between Gold Prices and Miner Valuations

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