Inflection Resources to Drill Six Copper-Gold Targets in New South Wales, Australia

Executive Summary

• Inflection Resources Ltd. announced plans to drill ~20 air‑core holes to test six 100% owned copper‑gold targets in northern New South Wales, with drilling slated for early 2026.
• The targets (Bugwah, Colossal and Boorara) are identified from aeromagnetic and gravity anomalies suggesting shallow intrusions and potential hydrothermal alteration.
• The company also granted 4,000,000 incentive stock options at $0.30 per share to officers, directors, employees and advisors.

Key Details

• Drilling Scope: Approximately twenty first‑pass air‑core holes, each up to ~100 m deep, targeting six standalone copper‑gold targets not covered by the AngloGold Ashanti Earn‑in Agreement.
• Target Locations & Geophysics:
• Bugwah: 900 × 1,300 m aeromagnetic high with NW‑oriented lineaments and a Bouguer gravity low.
• Colossal: Two aeromagnetic highs (≈1 km × 1 km and 500 m diameter) intersecting NW & NE structural trends, associated with gravity embayments.
• Boorara: Three discrete aeromagnetic highs (500‑700 m dia.) at NS & NE lineament intersections, also showing gravity gradients.
• Exploration Rationale: Targets exhibit magnetic complexity consistent with shallow intrusive architecture and potential alteration zones analogous to the Ravenswood mine (Queensland).
• Air‑Core Drilling Method: Uses compressed air to bring rock cuttings to surface; chosen for speed and cost‑effectiveness in early reconnaissance.
• Next Steps: Land access negotiations and permitting are underway; drilling expected to commence in early 2026 once permits and access agreements are secured.
• Stock Options Grant: 4,000,000 incentive stock options at $0.30 per share, five‑year term, exercisable by officers, directors, employees and advisors, subject to CSE acceptance.
• Qualified Person: Technical review performed by Carl Swensson (FAusIMM), a director/shareholder of the subsidiary; historical data not NI‑43‑101 compliant.

Notable Quotes

“We are excited to drill test these 100% owned copper‑gold geophysical targets which have never been previously drilled… The compelling geophysical signatures of these targets represent the type of opportunities we seek and we look forward to systematically drill‑testing these targets in the new year.” – Alistair Waddell, President & CEO

Materiality Assessment: Non‑Material – Positive (the announcement outlines future exploration activities without immediate financial impact or material results).