Quadro partner drills 13.3 m of 1 g/t Au at Staghorn

Executive Summary

• Quad Resources announced that all four holes of the 2025 diamond‑drill program on the Staghorn property intersected gold‑bearing mineralization.
• A previously unknown broad mineralized sandstone unit was intersected in two holes (GR 25‑03 and GR 25‑04) over a minimum strike length of ~500 m.
• Intercepts include 1.0 g/t Au over 13.3 m (core) within a wider zone of 0.3 g/t Au over 65.3 m, and 1.0 g/t Au over 5.1 m within a wider zone of 0.5 g/t Au over 18.2 m, extending exploration potential ~2.1 km southwest of the Mark’s Pond discovery.

Key Details

• Program Overview: Four‑hole, wide‑spaced diamond drilling totaling 1,988 m completed by Tru Precious Metals Corp. on the Staghorn property (Cape Ray fault, NL).
• Hole GR 25‑03: Collared 1,600 m SW of prior Mark’s Pond drilling; intersected 1.0 g/t Au over 13.3 m within a broader zone of 0.3 g/t Au over 65.3 m.
• Hole GR 25‑04: Collared an additional 500 m SW; intersected 1.0 g/t Au over 5.1 m within a broader zone of 0.5 g/t Au over 18.2 m.
• Hole GR 25‑02: Intercepted a second, previously unknown mineralized sandstone zone: 1.0 g/t Au over 4.0 m.
• Hole GR 25‑01: Identified continuity of the previously trenched Northcott zone over 240 m vertically at depth.
• Strike Length: The newly intersected mineralized sandstone unit extends a minimum of ~500 m strike; overall corridor potential exceeds 2 km SW of Mark’s Pond.
• Joint‑Venture Structure: Tru holds a 51 % interest; Quadro retains 49 % ownership and will operate the property as a 49/51 JV.
• Qualified Person: Wayne Reid, P.Geo., Vice‑President Exploration, Quadro Resources (NI 43‑101 QP).

Notable Quotes

“We are excited because this opens up a potential plus‑two‑kilometre corridor of gold mineralization along the Cape Ray fault zone… This positions our joint venture with Tru for meaningful growth as we continue to unlock the potential of the Staghorn property.” – Wayne Reid, Vice‑President Exploration, Quadro Resources.