Core Insights - SRQ Resources Inc. has reported a new mineralized zone at Target 900 on the Lac Brulé property, indicating the presence of a large undeformed intrusive magmatic system with multiple mineralized horizons [1][3] - The drilling results, particularly from hole LB-24-29, show significant geological and geophysical evidence that supports the potential for a major nickel-copper discovery [3][6] Drill Results and Interpretation - The 2023-24 drill campaigns at the Gossan Zone confirmed the continuity of mineralized mafic intrusions over more than 800 meters, with grades reaching up to 1.17% CuEq over 9.2 meters [5] - Hole LB-24-29 intersected 735 meters of continuous magmatic sequences, later extended to 1,161 meters, revealing 15 meters of disseminated sulfides, including 2.20 meters of semi-massive sulfide mineralization [7][8][9] - The results from LB-24-29 suggest the potential for additional adjacent mineralized zones, interpreted as the edge of a larger mineralized system [10][11] Next Steps - The company plans to complete additional downhole geophysics, including DHTEM on LB-24-29, to refine the geometry of mineralized zones [6] - Follow-up and step-out drilling is planned for 2026, guided by the summer survey results and pending assay data [6][23] Geological Context - The geological mapping and geophysical surveys have confirmed the prospectivity for base metals at Lac Brulé, with the presence of a surface gossan [19][23] - The Target 900 area corresponds to a strong gravity response, indicating dense geological material at depth, starting at 600 meters from the surface [13][23]

Core Insights - SRQ Resources Inc. has intersected the intrusive magmatic complex at Target 900 and identified new geophysical targets at Lac Brulé, indicating potential for nickel-copper massive sulphide accumulation [1][4] - The drilling results from hole LB-25-30 show significant mineralization, including pentlandite, chalcopyrite, and pyrrhotite, supporting the exploration model [2][4] - The company is advancing its exploration systematically, with plans for further drilling to confirm the potential of the identified targets [4][5] Drilling and Geological Findings - Diamond drill hole LB-25-30 was terminated at a depth of 1,389 meters within a magmatic intrusive complex, revealing Ni-Cu-rich pods [2] - Initial observations suggest that LB-25-30 may have drilled below the main anomaly predicted by the Ambient Noise Tomography (ANT) model [3] - Downhole Transient Electromagnetic (DHTEM) surveys are being conducted to refine targeting for follow-up drilling [3] Exploration Strategy - The next planned hole, P-02, aims to target the magmatic complex at a steeper angle to intersect potential mineralized zones more directly, with a planned depth of approximately 1,200 meters [4] - Expanded airborne gravity surveys have been completed, delineating excellent target zones comparable to Target 900, enhancing exploration potential [5] Company Background - SRQ Resources Inc. is a Canadian-based metals company focused on exploring for nickel, copper, and platinum in Québec, owning 1,173 exploration claims covering 243 km² [11]

Core Viewpoint - SRQ Resources Inc. has commenced a 4,000-metre diamond drilling program at Target 900 on the Lac Brulé property, indicating significant exploration potential in the region [1][2]. Company Overview - SRQ Resources Inc. is a Canadian-based metals company focused on exploring nickel, copper, and platinum in Québec, owning 1,173 exploration claims covering 243 km² at Lac Brulé and 25 km² at Lac Brennan [14]. Drilling Program Details - The drilling program at Target 900 aims to explore a deep conductivity anomaly that begins approximately 500 metres below the surface and intensifies with depth, reaching the lower detection limit of 600 metres [8]. - The target is characterized by overlapping deep conductivity and gravity highs, which are indicative of a major mineralized system [2][4]. Geological Insights - Geological mapping at Lac Brulé reveals a complex intrusive body from the Late Grenville period, which hosts the mineralization discovered to date [4]. - The gravity anomalies at Target 900 show clear similarities to those at Lac Brennan, suggesting a larger mineralized footprint across the district [2][10]. Exploration Potential - The regional exploration model is gaining traction, with expectations of significant discoveries based on the geological and geophysical data [2]. - The deep EM conductor correlates with a high-amplitude gravity anomaly, indicating a strong subsurface target that could lead to substantial mineralization [9].

Core Viewpoint - SRQ Resources Inc. has commenced a 4,000-metre diamond drilling program at Target 900 on the Lac Brulé property, indicating significant exploration potential in the region [1][2]. Company Overview - SRQ Resources Inc. is a Canadian-based metals company focused on exploring nickel, copper, and platinum in Québec, owning 1,173 exploration claims covering 243 km² at Lac Brulé and 25 km² at Lac Brennan [14]. Exploration Details - The drilling at Target 900 is significant due to the presence of overlapping deep conductivity and gravity highs, which are indicative of a major mineralized system [2]. - The EM conductor at Target 900 begins approximately 500 metres below the surface and intensifies with depth, suggesting a robust geophysical feature [8]. - The deep EM conductor correlates with a high-amplitude gravity anomaly extending below 600 metres, indicating a strong subsurface target [9]. Geological Insights - Surface geological mapping at Lac Brulé reveals a complex intrusive body that hosts the mineralization discovered to date, with the upcoming drill campaign aimed at testing the overlap of geophysical anomalies [4]. - The similarities between gravity anomalies at Target 900 and those at Lac Brennan suggest a larger mineralized footprint across the district, indicating potential for significant discoveries [2][10].

Group 1 - SRQ Resources Inc. announced the election of all nominees listed in the management proxy circular as directors during the annual general meeting held on June 6, 2025, with 8,413,589 common shares represented, accounting for 18.25% of the total issued and outstanding shares [1][2]. - The six nominees elected received the following votes: Marc-Antoine Audet received 100% of votes for, while Matthieu Bos received 99.82%, and the other nominees received between 98.53% and 98.53% for their respective votes [2]. Group 2 - Pricewaterhouse Coopers LLP was approved as the external auditors for the upcoming year, with the directors authorized to fix their remuneration [3]. Group 3 - An ordinary resolution was passed to ratify the grant of 1,430,000 options to officers, directors, employees, and consultants, with 1,200,000 options granted to insiders [5][6].