Big Ridge Gold Corp Commences PEA on the Hope Brook Gold Project

Core Viewpoint - Big Ridge Gold Corp. is advancing the Hope Brook Gold Project by engaging SGS Geological Services to conduct a Preliminary Economic Assessment, capitalizing on rising gold prices and recent project consolidations [1][2]. Company Overview - Big Ridge Gold Corp. is an exploration and development company focused on advanced stage mining projects, holding a 100% interest in the Hope Brook Gold Project in Newfoundland and Labrador, as well as other projects in Manitoba and Quebec [11]. Hope Brook Gold Project Details - The Hope Brook Gold Project is an advanced stage, high-grade gold project that produced 752,162 ounces of gold from 1987 to 1997, utilizing both open-pit and underground mining methods [5][8]. - The project has an Indicated gold resource of 16,190,000 tonnes grading 2.32 grams per tonne for a total of 1.2 million ounces, and Inferred resources of 2,215,000 tonnes grading 3.25 grams per tonne for 231,000 ounces [6][8]. - The project is recognized as one of the highest-grade open pit resources in Canada, with environmental and ore sorting studies completed in 2024 and consolidation of 100% ownership achieved in Q3 2025 [8]. SGS Geological Services - SGS Geological Services is a globally recognized expert in ore body modeling and reserve evaluation, with over 40 years of experience and 1,500 consulting projects in the mining industry [4]. Infrastructure and Location - Hope Brook is strategically located 85 kilometers east of Port aux Basques, Newfoundland, with well-maintained infrastructure including an operational camp, airstrip, docking facility, and connection to the provincial electrical power grid [10].