Hanstone Gold Options Snip North Project

Core Viewpoint - Hanstone Gold Corp. has entered into a property option agreement with Goldrea Resources Corp. for a 70% interest in the Snip North Project, allowing Goldrea to focus on its advancement while Hanstone continues developing its Doc Property claims [1][2]. Company Overview - Hanstone Gold Corp. is a precious and base metals explorer focused on the Doc Project located in British Columbia's Golden Triangle, an area known for its mineral wealth [4]. - The company holds a 100% earn-in option on the 1,704-hectare Doc Project and owns a 100% interest in the 3,443-hectare Snip North Project, which is now subject to the option agreement with Goldrea [4]. Option Agreement Details - Goldrea must incur a total of $1,250,000 in exploration expenditures on the Snip North Project, with specific amounts due by September 30 of each year from 2026 to 2029 [3]. - Goldrea is also required to transfer $100,000 in eligible assessment credits to extend the expiry date of the Property to June 30, 2026; if the transfer is not approved, the option agreement will terminate [3]. - Upon earning a 70% interest, a 70/30 joint venture will be established for exploring and exploiting the Property, with a formal joint venture agreement to be negotiated [3].