Advanced Gold Exploration Provides Ontario Drilling Update at Buck Lake

Core Viewpoint - Advanced Gold Exploration is advancing its drilling program at the Buck Lake property in Ontario, which is fully permitted and consists of 180 mining claims covering 3,886 hectares. The company is optimistic about the early results and plans to resume drilling after the winter break [1][6]. Drilling Program Update - The current diamond drill program is paused for winter, with three drill holes completed: - Drill hole BL-25-01 reached 232 meters, intersecting VMS-type mineralization from 93.8 to 110.50 meters [2]. - Drill hole BL-25-02 reached 117 meters, intersecting VMS-type mineralization from 36.10 to 42.00 meters [2]. - Drill hole BL-25-03 reached 113 meters, intersecting VMS-type mineralization from 33.40 to 43.90 meters [3]. Geological Findings - The drilling encountered fine-grained sedimentary rocks and various volcanic rock types, with significant sulfide minerals such as pyrite, pyrrhotite, and chalcopyrite found within the VMS-style cherty iron formation [4]. - Quartz vein zones were identified in all three drill holes, with alterations and secondary mineralization present [5]. Historical Context and Future Plans - The objective of the recent drilling is to explore extensions of high-grade copper mineralization discovered in 2022, which included high-grade silver up to 98 g/t [7]. - The 2022 drill program outlined a zone of massive sulfide of VMS-type, with significant mineralization found in 13 of the 15 holes drilled [8]. - An airborne geophysical survey is planned for early 2026 to further explore the property, addressing past survey limitations [10]. Mineralization Potential - The Buck Lake property is known to host eight additional mineralized occurrences, including the Wolverine Zone, which reported 17% zinc historically [9][12]. - The geological environment is typical of VMS-type deposits, indicating high potential for further discoveries [11][12].