Masivo drills 55 ft of 0.99% Cu, 1.52 g/t Au at Boston

Executive Summary

• Hole 1 of the Phase 1 Boston Mine drill program intersected a significant mineralized zone (55 ft @ 0.99% Cu, 1.52 g/t Au, 30.35 g/t Ag), confirming Masivo’s geological model.
• The company is moving toward closing the Cerro Colorado property acquisition in Sonora, Mexico, with drill permits already secured and a $75,000 drill credit available.
• Management Cease Trade Order (MCTO) remains in effect pending audit completion; filings are expected by 29 Sept 2025, with no insolvency proceedings or undisclosed material information.

Key Details

• Drill Hole 1 – Boston Mine (Nevada): 55 ft (drilled width) interval grading 0.99 % Cu, 1.52 g/t Au and 30.35 g/t Ag, starting at 65 ft downhole.
• Phase 1 Program: Six additional holes remain; assays expected in October 2025.
• Cerro Colorado Acquisition (Sonora, Mexico): Closing anticipated shortly after financing; project is drill‑permitted and ready for immediate mobilization.
• Drill Credit – Mexico: $75,000 credit retained to fund rapid, cost‑effective drilling on existing assets.
• Sinaloa Opportunities: Ongoing review of additional silver projects to expand the growth pipeline.
• Management Cease Trade Order (MCTO): Issued 30 July 2025 by B.C. Securities Commission under NP 12‑203 due to delayed filing of FY 2025 financials.
• Audit Status: Financial statements prepared; audit underway with expected completion and filing by 29 Sept 2025.
• Compliance: Company will continue adhering to alternative information guidelines under NP 12‑203 while in default. No insolvency actions or undisclosed material events reported.

Notable Quotes

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