Argyle Resources Corp. Receives Permits and Begins Drilling Program at Lac Comporte Silica Project, Quebec

Executive Summary

• Argyle Resources has completed all permitting for the Lac Comporté Silica Project and is ready to commence a up‑to‑3,000 m NQ‑core drilling campaign.
• The program targets high‑grade quartzite horizons identified in the summer field work, which returned silica assays as high as 98.52 % SiO₂.
• A detailed drill‑hole plan (18 collars) has been disclosed, totaling 2,900 m of planned core length.

Key Details

• Permitting: All required permits for drilling at Lac Comporté have been obtained; rig mobilization is underway.
• Drilling Scope: Up to 3,000 m of NQ‑size core across 18 planned drill collars (total listed depth = 2,900 m).
• Target Geology: Quartzite horizon with historic outcrop assays of 98–98.5 % SiO₂ identified during summer prospecting.
• Key Assay Results (Best Samples):
• Sample E715925 – 98.52 % SiO₂ (Quartzite)
• Sample L769786 – 98.42 % SiO₂ (Quartzite)
• Sample L769778 – 98.19 % SiO₂ (Quartzite)
• Sample E972379 – 98.18 % SiO₂ (Quartzite)
• Drill‑hole Coordinates & Depths: (UTM Easting / Northing, Azimuth, Dip, Planned Depth) – e.g., Hole 1: 420589 / 5298047, Az 270°, Dip –45°, 250 m; … (full table of 18 holes provided).
• Qualified Person: George Yordanov, P.Geo., Director, reviewed and approved the technical information per NI 43‑101.
• Analytical Protocols: Samples processed by ALS Canada Ltd.; XRF for major oxides and ICP‑MS for trace/rare earth elements.

Notable Quotes

“We are pleased to share that all permits are in place and mobilization of the rigs has commenced. This milestone reflects our commitment to disciplined exploration and unlocking value in Quebec's emerging silica corridor.” – Jeff Stevens, President & CEO, Argyle Resources Corp.