Aurbis Begins Magnetic Survey at Ecru, Targeting Robertson and Carlin-Style Gold in Nevada's Cortez Gold Camp

• Date: May 19, 2026
• Headline: Aurbis Begins Magnetic Survey at Ecru, Targeting Robertson and Carlin-Style Gold in Nevada's Cortez Gold Camp
• Core Activity: Commencement of a high-definition drone magnetic, LiDAR, and photogrammetry survey.
• Scope: Approximately 325 line-kilometres coverage with 50-metre line spacing at 30 metres altitude.
• Objective: Generate subsurface magnetic maps to identify intrusion-related (Robertson-style) and Carlin-style gold targets.
• Context: This follows a geological review of existing data and precedes planned drilling campaigns later in the year.
• Historical Data Reference: A 2019 reprocessed survey identified a large circular magnetic feature up to 2 kilometres across, interpreted as a potential buried intrusive complex.
• Future Steps: Close-spaced gravity survey, potential IP surveys for sulphides, and surface exploration activities based on geological review.

• Expectation vs. Reality: The announcement aligns with the strategic roadmap established in the April 28 rebranding news (acquisition of Ecru project). It is an execution step rather than a new discovery or financial event.
• Market Reaction Potential: Low to Moderate. Exploration surveys are standard operational activities for junior miners and rarely move stock prices materially unless they immediately reveal high-grade anomalies, which this survey does not do yet.
• Progression of Projects: The company moved from corporate rebranding (April) to active data acquisition (May). This confirms management is executing the plan but has not yet reached the critical drilling phase where value is typically realized or destroyed.
• Risk Assessment: The lack of drill results means the project remains speculative. The survey is a precursor to drilling, which carries significant capital risk without guaranteed returns.
• Comparison to Historical News: Unlike the April news (which was a fundamental shift from Nickel to Gold and included board appointments), this news is incremental operational progress. It validates the previous "Material - Positive" rebranding but does not add new value on its own.

• Company Name: Aurbis Resources Corp. (formerly Quebec Nickel Corp.).
• Ticker Symbol: AURR.
• Flagship Project: Ecru Gold Project, Nevada, USA.
• Location: Cortez Gold Camp; directly adjacent to Nevada Gold Mines' Robertson Deposit and near the Cortez and Pipeline mining complexes.
• Geological Target: Intrusion-related gold mineralization (Robertson-style) and Carlin-type mineralization.
• Status: Exploration phase. Geophysical surveys underway, drilling planned for later in 2026.
• Historical Context: Previous soil sampling (2022) identified geochemical anomalies analogous to the Robertson target.