Goldrea Options Hanstone's Snip North Property

Core Viewpoint - Goldrea Resources Corp. has entered into an option agreement to acquire a 70% interest in Hanstone Gold's Snip North property, expanding its mineral land package significantly in the Golden Triangle region of British Columbia [1][2]. Group 1: Agreement Details - The option agreement, dated September 29, 2025, allows Goldrea to acquire 70% of the Snip North property, which spans 3,400 hectares, increasing Goldrea's total mineral land to 8,500 hectares if the option is exercised [1]. - To earn the 70% interest, Goldrea must incur exploration expenditures totaling $1.25 million over four years, with specific annual spending requirements [2]. - Goldrea has already allocated $100,000 of its 2025 exploration budget to the property to maintain its good standing until November 30, 2026 [2]. Group 2: Joint Venture and Future Plans - Upon earning the 70% interest, Goldrea will enter a joint venture with Hanstone, with Goldrea serving as the initial operator [2]. - The CEO of Goldrea highlighted the significance of this joint venture in enhancing the company's holdings in the Golden Triangle, emphasizing the potential for financing a major exploration program in 2026 due to favorable gold and copper markets [3].