SRQ Resources Intersects Mineralization within the Intrusive Magmatic Complex at Target 900

Core Insights - SRQ Resources Inc. has reported a new mineralized zone at Target 900 on the Lac Brulé property, indicating the presence of a large undeformed intrusive magmatic system with multiple mineralized horizons [1][3] - The drilling results, particularly from hole LB-24-29, show significant geological and geophysical evidence that supports the potential for a major nickel-copper discovery [3][6] Drill Results and Interpretation - The 2023-24 drill campaigns at the Gossan Zone confirmed the continuity of mineralized mafic intrusions over more than 800 meters, with grades reaching up to 1.17% CuEq over 9.2 meters [5] - Hole LB-24-29 intersected 735 meters of continuous magmatic sequences, later extended to 1,161 meters, revealing 15 meters of disseminated sulfides, including 2.20 meters of semi-massive sulfide mineralization [7][8][9] - The results from LB-24-29 suggest the potential for additional adjacent mineralized zones, interpreted as the edge of a larger mineralized system [10][11] Next Steps - The company plans to complete additional downhole geophysics, including DHTEM on LB-24-29, to refine the geometry of mineralized zones [6] - Follow-up and step-out drilling is planned for 2026, guided by the summer survey results and pending assay data [6][23] Geological Context - The geological mapping and geophysical surveys have confirmed the prospectivity for base metals at Lac Brulé, with the presence of a surface gossan [19][23] - The Target 900 area corresponds to a strong gravity response, indicating dense geological material at depth, starting at 600 meters from the surface [13][23]