Winshear Enters Option Agreement on the Portsoy Nickel – Copper – Cobalt Project, Scotland

Core Viewpoint - Winshear Gold Corp. has entered into an agreement to earn a 100% interest in the Portsoy Project, a nickel-copper-cobalt project located in Northeast Scotland, subject to TSX Venture Exchange approval [1][2]. Project Overview - The Portsoy Project covers an area of 250 km² and is located approximately 60 km northwest of Aberdeen, Scotland [9]. - The project area is underlain by Neoproterozoic rocks of Dalradian Age, intruded by ultramafic and mafic rocks, which host the nickel-copper-cobalt mineralization [10]. Exploration and Drilling Results - Exploration at the Rodburn Target has revealed near-surface, high-grade nickel-copper-cobalt sulphide mineralization [2]. - Significant drill intercepts include: - RBD001: 12.48 m at 0.63% Ni, 0.54% Cu, and 403 ppm Co [4]. - RBD002: 35.40 m at 0.71% Ni, 0.30% Cu, and 473 ppm Co [4]. - RBD004: 12.26 m at 1.02% Ni, 0.83% Cu, and 633 ppm Co [4]. - The South Zone of the Rodburn Target is up to 30 m thick and has been confirmed to a vertical depth of 180 m, while the North Zone remains open in all directions [6][12]. Agreement Terms - To earn a 100% interest, Winshear must complete a minimum of £3,000,000 in expenditures over five years, including 1,000 m of drilling and metallurgical testwork [13]. - The agreement includes the issuance of 6,500,000 common shares to Peak Nickel over five years [13]. Future Plans - Upon TSX-V approval, the company plans to commence a minimum 1,000 m drill program and initiate metallurgical testwork [16].