Original News Release
Quadro partner drills 13.3 m of 1 g/t Au at Staghorn
Mr. T. Barry Coughlan reports
QUADRO ANNOUNCES STAGHORN DRILL PROGRAM INTERSECTS GOLD-BEARING MINERALIZATION IN ALL FOUR HOLES
Quadro Resources Ltd. has released the results of the 2025 diamond drilling program completed by Tru Precious Metals Corp. on the Staghorn property, located along the Cape Ray fault in Newfoundland and Labrador. Significantly, a broad mineralized altered sandstone unit was intersected in two of the drill holes (GR 25-03 and GR 25-04) over a strike length of 500 metres (m). GR 25-03 was collared 1,600 m southwest of the previous drilling completed on the Mark's Pond mineralization and resulted in an intersection of 1.0 gram per tonne (g/t) gold (Au) over 13.3 m within a wider zone of 0.3 g/t Au over 65.3 m. The final hole of the program (GR 25-04) was collared an additional 500 m to the southwest and intersected similar mineralization with results of 1.0 g/t Au over 5.1 m within a wider zone of 0.5 g/t Au over 18.2 m. This latest drilling confirms the potential for gold mineralization along this portion of the Cape Ray fault zone and has extended the exploration potential 2,100 m southwest of the Mark's Pond mineralization. Tru has earned a 51-per-cent interest in the Staghorn property. Going forward, the Staghorn property will be operated as a 49-per-cent-Quadro-and-51-per-cent-Tru joint venture.
The following descriptions and the attached table pertaining to the recently completed drilling are sourced from Tru's news release issued on Sept. 10, 2025. For a full description of results and QA/QC (quality assurance/quality control) protocols, please refer to the Tru news release.
Highlights:
The investigative, wide-spaced, four-hole (1,988 m) diamond drilling program intersected gold-bearing mineralization in every hole.
A previously unknown broad mineralized sandstone unit was intersected in two of the drill holes (GR 25-03 and GR 25-04) over an interpreted minimum strike length of 500 m.
A second previously unknown mineralized zone displaying similarities to the above-mentioned mineralized sandstone and which may represent an along strike extension of the same zone was intersected in drill hole GR 25-02, providing an intercept of 1.0 g/t Au over 4.0 m.
Indications of continuity of the previously trenched Northcott zone were identified over 240 m vertically at depth in drill hole GR 25-01.
Wayne Reid, PGeo, vice-president of exploration for Quadro, stated: "We are excited because this opens up a potential plus-two-kilometre corridor of gold mineralization along the Cape Ray fault zone. The results of Tru's drilling program, which intersected mineralization in every hole and confirmed the presence of a broad, previously unknown mineralized sandstone unit, significantly expand the exploration potential well beyond the Mark's Pond discovery. This positions our joint venture with Tru for meaningful growth as we continue to unlock the potential of the Staghorn property."
Qualified person
Mr. Reid, a qualified person as defined in National Instrument 43-101, is responsible for this news release and supervised the preparation of the information forming the basis for this news release.
About Quadro Resources Ltd.
Quadro Resources is a publicly traded mineral exploration company with approximately 28.5 million shares outstanding, listed on the TSX Venture Exchange under the ticker symbol QRO. The company focuses on gold exploration in North America. Quadro owns a 49-per-cent interest in the Staghorn property, while Tru holds 51 per cent. Quadro maintains full ownership of the Long Lake property. Both properties are located along the Cape Ray fault in Newfoundland and Labrador.
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