Aeonian releases Koocanusa airborne survey results

Executive Summary

• Aeonian Resources released airborne magnetic and time‑domain electromagnetic survey results that define a ~50 km north‑northwest to south‑southeast copper‑fertile corridor within the Creston formation at its western Koocanusa project.
• The data reveal strong geophysical‑geochemical correlation, two known fold‑hinge targets refined, and a newly identified third hinge, plus a prominent southwest‑to‑northeast fault interpreted as a potential feeder structure for mineralizing fluids.
• All required archaeological, cultural heritage, and wildlife management approvals are in place; Aeonian holds multiyear drill permits through July 2028 and plans first‑pass drilling pending financing.

Key Details

• Survey Scope: Helicopter‑borne magnetic & 1TEM survey conducted 22–26 May 2025 over ~364 km², acquiring 1,343 line‑km of data at 300 m line spacing; flight altitude ≈50 m AGL.
• Geophysical Findings:
• ~50 km structural corridor identified as primary copper‑bearing unit within Creston formation.
• Magnetic highs align with surface samples ≥0.2 % Cu, confirming target ranking.
• Two regional fold hinges refined; a third previously unknown hinge located NW of Jake showing.
• Southwest‑to‑northeast trending McGillivray fault shows strong magnetic signature and is interpreted as a potential fluid conduit feeding mineralization beneath the Kitchener unit.
• Exploration Implications:
• Targets now better constrained for drill testing; Jake and Yahk East showings lie ≤5 km from identified feeder fault.
• Survey provides final information needed to design an effective exploration drilling program.
• Permitting & Community Relations:
• Multiyear drill permits valid through July 2028.
• Archaeological assessment by Shuswap Band classified Jake Hill target as low cultural‑heritage risk.
• Wildlife management plan completed in collaboration with Shuswap Band.
• Next Steps:
• First‑pass drilling to commence once financing secured; company evaluating equity and non‑dilutive financing options (no agreements signed).
• Technical Review: Survey interpreted by Aeonian; qualified person Kristian Whitehead, P.Geo., reviewed technical information (not independent).

Notable Quotes

“Today's airborne results pull our western claim block into sharp focus… With a clear set of priorities, multiyear permits in hand and drilling next on the plan, we're excited to advance Koocanusa and continue building value through disciplined exploration,” – Andy Randell, President & CEO, Aeonian Resources.