TONOPAH, Nev., Feb. 9, 2026 /PRNewswire/ - A2Gold Corp. ("A2Gold" or the "Company") (TSXV: AUAU) (OTCQX: AUXXF) (FRA: RR7) is pleased to announce the appointment of Mr. Gabe Kassos as Chief Geologist effective immediately. Mr. Kassos is a geologist with over 20 years of experience in mineral exploration and mining, with deep expertise in Nevada-style gold systems and a proven track record of generating value through brownfields exploration, resource growth, and mine life extension. His experience spans mult ...

Core Insights - Cygnus Metals Limited is advancing its exploration strategy focused on resource growth at the Chibougamau Copper-Gold Project in Quebec, with significant high-grade gold drilling targets identified [2][4][10] Group 1: Project Overview - The Chibougamau Project has a current resource of 6.4 million tonnes (Mt) at 3.0% CuEq for 193,000 tonnes (kt) CuEq (Measured & Indicated) and 8.5 Mt at 3.5% CuEq for 295 kt CuEq (Inferred) [4][10] - The project benefits from established infrastructure, including a processing facility with a capacity of 900,000 tonnes per annum (tpa), a local mining town, and regional rail infrastructure [11] Group 2: Drilling Targets - Two high-priority drill targets have been identified: the Gwillim Project and the Joe Mann Project, both known for significant high-grade gold mineralization [4][5] - The Gwillim Project has returned intersections such as 7.6m at 38.1g/t Au, 15.2m at 9.4g/t Au, and 16.4m at 8.3g/t Au, indicating strong potential for resource growth [5][6][10] - The Joe Mann Project has an Inferred Resource of 0.7 Mt at 6.0g/t Au for 143,000 ounces (koz) Au, with high-grade intersections including 0.7m at 480.2g/t Au [8][13] Group 3: Upcoming Activities - Drilling at the Golden Eye deposit is set to resume later this month to test extensions below the current resource, which includes an Indicated Resource of 0.5 Mt at 5.6g/t AuEq for 91 koz AuEq and an Inferred Resource of 1.2 Mt at 4.6g/t AuEq for 182 koz AuEq [10][11] - Assays are pending from follow-up drilling at Cedar Bay, which previously returned 28.9m at 2.5g/t AuEq [10] Group 4: Strategic Importance - The identified targets align with the company's strategy for resource growth by 2026, emphasizing high-grade mineralization and the potential for significant extensions [2][4] - The proximity of the Joe Mann Project to recent acquisitions in the area, such as IAMGOLD's acquisition of Northern Superior Resources for C$267.4 million, highlights the strategic importance of the region [9]

Core Viewpoint - The Mt York Gold Project is a significant opportunity for growth, with a current resource of 1.4 million ounces of gold and potential for expansion through ongoing drilling and strategic partnerships [2][4][6]. Project Overview - The Mt York Gold Project is located in the Pilbara region and features a single open pit containing the majority of its mineralization, which is noted for its clean metallurgy [2]. - The project has a consistent mineralization over a length of three kilometers, which is unusual for gold projects, enhancing its development potential [3]. Financial Position - The company is fully funded with A$12.4 million in the bank and expects an additional A$10 million from a deal with Pilbara Minerals by the end of 2024, supporting a 20,000 to 30,000 meter drilling program [4][6]. Drilling Program - The upcoming drilling program aims to expand the resource base beyond the current 1.4 million ounces and convert lower confidence resources into higher confidence categories [6]. - A priority area for drilling is the Main Hill extension, where negotiations are ongoing to access an additional 1.5 kilometers of mineralization on Pilbara Minerals' ground [7]. Future Outlook - The company anticipates a busy year ahead with significant news flow expected, which could change market perceptions of Kairos Minerals [8]. - A new resource estimation is planned for 2025, which is viewed as a pivotal moment for the company [9][10].