Big Ridge hires SGS for PEA on Hope Brook project

Executive Summary

• Big Ridge Gold Corp. has engaged SGS Geological Services to prepare a PEA for the Hope Brook gold project, with results expected in Q1 2026.
• The company highlights historic production of 752,163 oz Au and current indicated/inferred resources of 1.2 Moz @ 2.32 g/t and 231 koz @ 3.25 g/t respectively.
• Completion of environmental baseline, ore‑sorting studies, and full consolidation of the project (100 % ownership) were achieved in Q3 2025.

Key Details

• Engagement: SGS Geological Services contracted to conduct the PEA for Hope Brook.
• Project Ownership: 100 % interest consolidated as of Q3 2025.
• Historic Production: 752,163 oz Au produced between 1987‑1997 (open‑pit and underground).
• Resource Summary:
• Indicated: 1.2 Moz Au @ 2.32 g/t (16.19 Mt).
• Inferred: 231 koz Au @ 3.25 g/t (2.215 Mt).
• Cut‑off Grades Used: 0.4 g/t for open‑pit, 2.0 g/t for underground resources.
• Gold Price Assumption in Resource Model: US$1,750/oz.
• Recent Studies Completed (2024): Environmental baseline study and ore‑sorting feasibility study.
• Infrastructure: Operative 28‑person camp, 1,100‑m airstrip, ice‑free dock, on‑site substation connected to provincial power grid.
• Geology: High‑sulphidation epithermal deposit within Proterozoic Whittle Hill Sandstone; intruded by Late Proterozoic quartz‑feldspar porphyry sill‑dike complex (Roti suite).
• Qualified Person: Paul Robinson, P.Geo., VP Exploration, reviewed and approved technical information per NI 43‑101.
• PEA Timeline: Anticipated delivery in the first quarter of 2026.

Notable Quotes

“Big Ridge is pleased to continue advancing the HBGP as gold prices continue to reach new highs and acquisitions in Newfoundland are front and centre… we are excited to be able to demonstrate the value of the HBGP through a PEA.” – Michael Bandrowski, President & CEO.