Greenridge Exploration Highlights Successful Results of Airborne Electromagnetic and Radiometric Survey for the Flying Vee Project

Executive Summary

• Greenridge announced the completion of a high‑resolution Xcite™ time‑domain electromagnetic (EM) and radiometric survey over its Flying Vee Project, identifying several conductive zones that align with known nickel‑copper‑cobalt and gold showings.
• The 726 km of line‑kilometres surveyed at 100 m spacing improved structural interpretation and highlighted prospective target zones for future drilling.
• Historical drill data from the area (e.g., 1964 hole #3, Strongbow 2008 NL08‑01) are referenced to contextualize the new EM anomalies, supporting the potential for a base‑metal or gold deposit.

Key Details

• Survey Scope: 726 line‑kilometres at 100 m line spacing; conducted Q3 2025 by Axiom Exploration Group Ltd. in partnership with New Resolution Geophysics.
• Methodology: Time‑domain EM (Xcite™) combined with radiometric measurements to detect conductive structures and subtle radioactive anomalies (U, K).
• Key Findings:
• Conductive zones coincident with mineral showings at Nickel Lake, Reeve Lake, and Day Lake.
• Radiometrics delineated the lateral extent of the Day Lake gold showing.
• Project Overview: Flying Vee comprises five claims covering 9,036 ha (21,777 ac) ~25 km north of Stony Rapids, Saskatchewan, within the Tantato Domain/East Athabasca Mylonite Triangle.
• Historical Context:
• 1964 shallow diamond drill hole #3 returned 0.89 % Ni and 0.32 % Cu over 0.79 m (11.59‑12.38 m).
• 2022 ALX grab sample at Nickel Lake East: 1.11 % Ni, 0.42 % Cu.
• Strongbow 2008 drillhole NL08‑01 intersected 1.89 % Ni, 0.96 % Cu, 0.11 % Co over 0.80 m.
• Day Lake historic gold gossan: 0.81 oz/ton (27.77 g/t) and 2020 ALX grab up to 8.34 g/t Au.
• Future Work: Results will be integrated with historical data to refine target footprints; the company holds an exploration permit permitting surface prospecting, sampling, airborne & ground geophysics, and up to 100 drill holes (valid through 31 Mar 2028).
• Qualified Person Statement: Technical information reviewed and approved by Sean Hillacre, P.Geo., Qualified Person under NI 43‑101.

Notable Quotes

“The results of the Flying Vee Survey have defined prospective target zones with a higher resolution survey method, bringing the Company closer to drill testing the Project.” – Russell Starr, CEO & Director, Greenridge Exploration Inc.