Gold Hunter receives VTEM data for Great Northern

Executive Summary

• Gold Hunter received the final district‑scale VTEM geophysical dataset for its Great Northern project, enabling detailed target definition for a planned drill program.
• The company secured an interest‑free $400,000 bridge loan from a non‑arm’s‑length lender, accompanied by 1 million warrants at $0.10 per share (2‑year term).
• Management announced participation in the Canadian Coast‑to‑Coast Gold Roadshow and highlighted the project’s strategic M&A positioning within Newfoundland’s gold district.

Key Details

• VTEM Data Acquisition: Final Geotech Ltd. VTEM Plus airborne survey completed across the entire Great Northern district; detailed interpretation pending, with results expected in coming weeks.
• Drill Program Planning: Immediate focus on refining first‑priority drill targets using VTEM data; aim to launch a preliminary drill program before year‑end, subject to financing, with a two‑phase approach extending catalyst opportunities into 2026.
• Resource Highlights:
• Thor deposit – indicated resource of 817,000 t at 1.70 g/t Au and 1.97 g/t Ag (≈51,000 oz Au, 4,200 oz Ag).
• Historical estimate for Rattling Brook – ~255,000 oz Au (inferred; not current resources).
• Structural Targets: At least 18 distinct mineralized trends identified, up to 15 km long, many never drilled.
• Bridge Loan Financing: $400,000 interest‑free loan from a non‑arm’s‑length third party; lender received 1 million warrants at $0.10 per share, exercisable for two years.
• Investor Roadshow: Participation in Canadian Coast‑to‑Coast Gold Roadshow – luncheons in Vancouver (Oct 15), Calgary (Oct 16) and Toronto (Oct 21). Contact: Neil Lock, Investor.Events CEO, 604‑380‑4888 / [email protected].
• M&A & Strategic Positioning:
• Analogy to Valentine gold mine (now part of Equinox Gold).
• Prior sale of a consolidated play to Firefly Metals; nearby airborne survey by Firefly identified >300 conductive targets.
• Regional activity includes New Found Gold’s acquisition of Maritime Resources and Eldorado Gold’s financing into Tru Precious Metals, underscoring consolidation in Newfoundland.

Notable Quotes

• “The final VTEM interpretation is the last critical piece of data required to design a systematic and aggressive drill campaign at the GNP,” – Sean Kingsley, President & CEO.
• “Subject to financing, we are planning for a two‑phase drill program that should ensure ongoing news and catalyst opportunities for our shareholders well into 2026.” – Sean Kingsley, President & CEO.