Gold Hunter Receives Final District-Scale VTEM Data

Executive Summary

• Gold Hunter received the final VTEM™ Plus airborne geophysical dataset for its Great Northern Project, enabling detailed target refinement and a planned two‑phase drill program before year‑end.
• The company secured an interest‑free $400,000 bridge loan, accompanied by 1,000,000 warrants at $0.10 per share (2‑year term), to fund technical work and initial drilling.
• Management highlighted the district’s high upside, referencing historic resources, analog deposits, recent regional M&A activity, and upcoming investor roadshow events.

Key Details

• VTEM Survey Completion: Final data set from Geotech Ltd. covering the entire consolidated district‑scale Great Northern Project (GNP) in Newfoundland; analysis underway with results expected in weeks.
• Drill Program Intent: Preliminary drill campaign targeted for launch before year‑end, subject to financing; two‑phase program designed to generate ongoing news and catalyst opportunities into 2026.
• Resource Highlights:
• Thor Deposit – Indicated Resource: 817,000 t @ 1.70 g/t Au & 1.97 g/t Ag (≈51,000 oz Au, 4,200 oz Ag).
• Historical estimate for Rattling Brook deposit – ≈255,000 oz Au (inferred, not current).
• Geological Potential: Over 18 distinct mineralized trends up to 15 km long; majority untested by drilling; VTEM data expected to aid depth target definition beyond the current ~130 m limit.
• Bridge Loan Financing: $400,000 interest‑free loan from a non‑arm’s‑length third party; lender issued 1,000,000 warrants at $0.10 per share, exercisable for two years.
• Investor Roadshow: Appearances at Canadian Coast to Coast Gold Roadshow – Vancouver (Oct 15), Calgary (Oct 16), Toronto (Oct 21); contact Neil Lock for registration.
• Strategic Context / M&A Validation:
• Analogous to Valentine Gold Mine (now part of Equinox Gold).
• Prior consolidation sold to FireFly Metals, which subsequently identified >300 conductive targets nearby.
• Regional activity includes New Found Gold’s acquisition of Maritime Resources and Eldorado Gold financing into TRU Precious Metals, underscoring strong M&A momentum 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.

All forward‑looking statements are subject to risks and uncertainties, including financing availability, commodity price volatility, and exploration outcomes.