Newpath Resources Announces Termination of Northshore Option Agreement
Exploring Ontario mineral assets

- On April 6, 2026 Newpath Resources announced termination of its mineral acquisition agreement with NatBridge Resources (formerly Great Eagle Gold Corp.) dated February 10 2025.
- The termination was triggered by NatBridge’s failure to make required payments under the agreement terms.
- As a result, NatBridge obtained no interest in the Northshore Gold Property and Newpath retains 100% ownership of the property.
The news restores full control of the Northshore Gold Property to Newpath but does not create new value beyond what was already reflected on the balance sheet (the property is recorded at $0 and noted as impaired). The termination removes a contingent obligation that NatBridge could not satisfy, which is an expected outcome if payments were missed. Consequently, the announcement is routine rather than material; it provides a modest positive signal by eliminating a potential future dilution or joint‑venture complication but does not alter the company’s fundamental outlook in a significant way.
Newpath Resources Inc. is a junior mining exploration company focused on gold properties in Ontario, Canada. Its flagship asset is the Northshore Gold Property located in the Thunder Bay Mining Division. The company also holds: - Pat Ann Project (option agreement to acquire 100% interest; requires expenditure/payment over 36 months; retains a 1.6% NSR royalty with a 50% buyback for $800,000 until April 10 2031). - Several other mineral properties (Schreiber Area Claims, Orefield Project) that are currently impaired and carried at zero book value. Newpath wholly owns a subsidiary, Ready Set Gold ON Ltd., incorporated in British Columbia.