Sorrento Resources Provides Update on Exploration on Rodgers Cove Project, Newfoundland

Executive Summary

• Sorrento Resources Ltd. is undertaking a comprehensive soil‑sampling program (2,554 planned samples) to infill historic anomalies at the Rodgers Cove Gold Project.
• Drill permits have been submitted and are pending; drilling is slated to begin in early 2026.
• A >60 km ground‑magnetics survey is planned for completion by year‑end 2025 to support target definition.

Key Details

• Soil Sampling: Four separate grids covering a total of 2,554 proposed sample locations are currently being collected; the program is designed to infill historic soil anomalies.
• Drill Permits: Applications have been filed and are awaiting regulatory approval.
• Ground Magnetics Survey: >60 line‑kilometers of ground‑magnetics data will be acquired before the end of 2025 over areas earmarked for future drilling.
• Drilling Schedule: Field drilling is scheduled to commence in early 2026, contingent on permit approvals and survey results.
• Project Context: Rodgers Cove lies within the Central Newfoundland Gold Belt (CNGB), encompassing four mineral licences (2,475 ha; 99 claims) along the Appleton and JBP faults—structures associated with historic gold discoveries.
• Historical Exploration: The property has never been diamond‑drilled; limited trenching previously returned a high‑grade intercept of 115.6 g/t Au over 1 m, which remains untested by drilling.
• Management Commentary: Alex Bugden, P.Geo., Director & Qualified Person, stated the company is “very excited” to begin exploration activities that will generate data for defining drill targets in early 2026, emphasizing the project’s high‑grade, near‑surface potential in a top‑tier jurisdiction.

Notable Quotes

“We are very excited to announce the commencement of exploration activities on the Rodgers Cove Property. This will provide us with the data we need to define drill targets for early 2026. The project has immense potential with high grade gold, near surface, in a top tier jurisdiction, and never being drill tested.” – Alex Bugden, President & CEO, Sorrento Resources Ltd.