NatBridge Resources Announces Execution of Mineral Rights Purchase Agreement for Cahuilla Gold Project

Core Viewpoint - NatBridge Resources Ltd. has entered into a Mineral Rights Purchase Agreement with Teras Resources Ltd. for the acquisition of the Cahuilla Gold Project, reflecting a strategic move to enhance its gold resource portfolio [1][2][3] Acquisition Details - The Agreement, signed on October 18, 2025, allows NatBridge to acquire 100% of the subsurface mineral rights for Land Parcels 45 and 46, which contain approximately 12,290,139 tonnes and an aggregate of 122,211 ounces of indicated gold resources at a cutoff grade of 0.005 oz/ton [2][4] - Total consideration for the acquisition is valued at approximately US$2.75 million, including an initial payment of US$50,000, a second payment of US$277,505.60, and a final payment of US$2,427,550.40 contingent upon a future token sale [2][3] Project Significance - The Cahuilla property spans approximately 1,680 acres and has an indicated resource estimate of about 1.751 million ounces of gold at a 0.005 oz/ton cutoff grade, as per a technical report prepared in accordance with NI 43-101 standards [4] - The acquisition aligns with the company's strategy of building value through targeted acquisitions of high-quality mineral resources, emphasizing sound geology and long-term value creation for shareholders [3][9] Future Plans - NatBridge is in discussions with Teras regarding the acquisition of Phase 2 mineral rights, which includes approximately 50,702,466 tonnes containing an indicated gold resource of about 496,535 ounces at the same cutoff grade [5][7] - Phase 3, involving lands held by Native American tribal nations, may be included in future negotiations [7] Company Overview - NatBridge Resources Ltd. is a publicly traded Canadian company focused on the gold resource supply side of NatGold Digital's digital gold tokenization ecosystem, aiming to redefine gold's value capture through eco-friendly digital mining processes [9]